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\. ^CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM T I q t THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. August 14, 1952 ' CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JULY 1952 Name and location of banks and branches Class of bank Date of change (except successions and conversions) Truinann National Bank Trumann, Ark. National 7- 1-52 Gulf State Bank New Port Richey, Fla. Ins.non. 7-15-52 Abbeville State Bank Abbeville, Ga. Ins.non. 7-15-52 Hanover State Bank Hanover, 111. Ins.non. 7-15-52 Roeland Park State Bank Mission, Kansas Ins.non. 7-10-52 Citizens Bank Pikeville, Ky. Ins.non. 7-15-52 Batesville Security Bank Batesville, Miss. Ins.non. 7- 1-52 City National Bank Millville, N. J. National 7-21-52 Lakeside State Bank Newtown, N. D. Nonins. 7- 1-52 Bank of Tioga Tioga, N. D. Nonins. 7-16-52 First National Bank Arlington, Texas National 7-29-52 Bank of Man Man, W. Va. Ins.non. 7-15-52 Intercity State Bank. Schofield, Wis. Ins.non. 7-14-52 National 7- 1-52 Successions and conversions First National Bank Converted to — First State Bank Greenville, Ky. Greenville, Ky. Ins.non. 4 Name and location of banks and branches Class of bank Date of change Ins.non. 7- 1-52 Consolidations, absorptions, etc. Valley Commercial & Savings Bank Absorbed by — Security Trust & Savings Bank El Cajon, Calif. Citizens National Bank Absorbed by — Elston Bank & Trust Co. Crawfordsville, lad. United Savings Bank Absorbed by -Manufacturers National Bank Detroit, Mich. Love County National Bank Absorbed by — First National Bank Marietta, Okla. Piedmont State Bank Absorbed by -First National Bank Piedmont, Okla. Brandon National Bank First National Bank These two banks consolidated under charter of First National Bank and title of — First Brandon National Bank Brandon, Vt. Brandon, Vt. San Diego, Calif. Member. National 7-14-52 Crawfordsville, Ind. Member Detroit, Mich. Marietta, Okla. El Reno, Okla. * Brandon, Vt. Member 7- 1-52 National • National 7- 1-52 National Nonins. 7-16-52 National-. National National 7- 1-52 National Admission of State bank to Federal Reserve membership First Trust Company * St. Joseph, Mo. Ins.non. 7-21-52 Withdrawal of State bank from Federal Reserve membership Sault Savings Bank Sault Ste. Marie, Mich. Insurance 7-31-52 continued * Changes in name or location Potter - Matlock Trust Co. Name changed to — Potter - Matlock Bank & Trust Co. Bowling Green, Ky. Carlton State & Savings Bank Name changed to — First Carlton Bank Carlton, Ore. 7- 1-52 Ins.non. 6-25-52 Class of bank Name and location of banks and branches Date of change Changes in name or location (Cont'd) Moreland - Sellwood Bank . Name changed to — First Moreland - Sellwood Bank Portland, Ore. Ins.non. 7-18-52 Bank of Sweet Home Name changed to — First Sweet Home Bank Sweet Home, Ore. Ins.non. 7-14-52 Utah First National Bank Name changed to — First National Bank Salt Lake City, Utah National 7- 1-52 Branches established (including branches at military and other Government establishments and banks converted into branches) Security Trust & Savings Bank El Cajon Branch (Formerly Valley Commercial & Savings Bank) San Diego, Calif. 205 West Main St. El Cajon, Calif. Member Bank of America> N. T. & S. A. Tahoe City Branch (De novo) San Francisco, Calif. Tahoe City, Calif. National 7- 1-52 7- 7-52 . Tahoe Valley Branch (De novo) Tahoe Valley, Calif. 7- 7-52 : I East Whittier Branch (De novo) 523 East Whittier Blvd. Whittier, Calif. 7-21-52 j Colonial Trust Co. Leavenworth Street Branch (De novo) ' Waterbury, Conn. 65 Center St. & 49 Leavenworth St. Me 7-14-52 • Delaware Trust Co. Wilmington Manor Office (De novo) Wilmington, Del. 1422 duPont Blvd. Wilmington Manor, New Castle, Pa. Ins.non. Mercantile National Bank Calumet Avenue Branch (De novo) Hammond, Ind. 7033 Calumet Ave. National 7- 1-52 7-15-52 - I f Name and location of banks and "branches Class of bank Date of change Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) Keokuk Savings Bank & Trust Co. Montrose Branch (De novo) Keokuk, Iowa Montrose, Iowa Ins.non. Union Trust Co. Drive-in Branch (De novo) Springfield, Mass. 37 Harrison Ave. Member City Bank North Detroit Office (De novo) Detroit, Mich. Member 4900 East McNichols Rd. 7-14-52 Manufacturers National Bank Griswold Street Branch (Formerly United Savings Bank) Detroit, Mich. 1133 Griswold- St. National 7- 1-52 Long Island City Savings Bank Rego Park Branch (De novo) New York, N. Y. 97-95, 97-27 & 97-29 Queens Blvd. Ins.non. Lenoir, N. C. Whitnel, N. C. Ins.non. ^Ba-nk of Lenoir Whitnel Branch (De novo) / First National Bank Time Payment Department Branch (De novo) 3-15-52 2-27-52 5- 8-52 7-23-52 Morganton, N. C. National llO^South Sterling St. 7- 9-52 Wilmington, N. C. Third & Walnut Sts. Member 7-18-52 Citizens National Bank I Trust Co. West Side Branch (De novo) Mansfield, Ohio 355 Marion Ave. National Clifton Heights National Bank "Westbrook Office (De novo) Clifton Heights, Pa. National 242 West Baltimore Pike 7-23-52 National Bank of Commerce Lamar - Bellevue Branch (De novo) Memphis, Tenn. 1192 Lamar Ave. 7-23-52 Old National Bank Parking Branch (De novo) Spokane, Wash. National West 256 Riverside Ave. / Wilmington Savings & Trust Co. Third & Walnut Streets Branch (De novo) 7- 1-52 National 7-22-52 Class of bank Name and location of bank and branches Date of change Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Cumberland County National Bank & Trust Co. New Cumberland, Pa. National New Cumberland General Depot New Cumberland, Pa. 7-22-52 Branch acquired by absorption or purchase Security Trust & Savings Bank Lakeside Branch (Formerly branch of Valley Commercial & Savings Bank, El Cajtin, Calif.,which was absorbed by Security Trust & Savings Bank.) Member San Diego, Calif. 104 North Main St. Lakeside, Calif. 7- 1-52 Changes in name or location of branches Bank of Pinole Rodeo Branch Moved from Moved to Crockett, Calif. Rodeo, Calif. 536 First St. 190 Parker Ave. Citizens National Trust & Savings Bank Echo Park - Sunset Boulevard Branch Moved from Moved to Los Angeles, Calif. National Hartford - Connecticut Trust Co. Wethersfield Branch Moved from Moved to Hartford, Conn. Member "Wethersfield, Conn. 222 Main St. Silas Deane Highway at Beaver Road Puget Sound Uational Bank K Street Branch Moved from Moved to Tacoma, Wash. ) 7-14-52 1601 Sunset Blvd. 1624 Sunset Blvd. N 1115 South L St. 1120 South 11th St. 7-21-52 7-14-52 7-14-52