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V FoR. CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.U«5 THIS COMPILATION IS PEBTVTD LARGELY FROM SECONDARY. SOURCES August 17, 1955 NOT AN OFFICIAL EEPOIIT OF CILCGZS III THE BAILING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JULY 1955 Name and location of banks and branches Class of bank Date of chance Mew banks (except successions and conversions) Greenville Bank Greenville, Ala. Butler County Ins.non, 7-15-55 Citizens Bank Mobile, Ala. Mobile County Ins.non. 7- 1-55 First Industrial Savings Bank Tampa, Fla. Hillsborough County Ins.non, 7- 1-55 Citizens Bank Forest Park, Ga. Clayton County Nonins. 7-18-55 Saint Marys State Bank Saint1Marys, Ga. Camden County Ins.non. 7-15-55 Redwine Brothers, Bankers (Unincorporated bank) Tyrone, Ga. Fayette County Nonins. h~ 6-55 Bank of Highland Park Highland Park, 111. Lake County Ins.non. 7-15-55 Latimer State Bank Latimer, Iowa Franklin County Ins.non. 7- 1-55 Kimball County Bank Bushnell, Nebr. Kimball County Ins.non. 7-15-55 Lyman County Bank Kennebec, S. D. Lyman County Ins.non. 7-H-55 Evergreen State Bank Seattle , Wash. King County Ins.non. 7- 9-55 - 2 - Name and location of banks and branches Class of bank Date of change Successions and conversions C3ntral Savings Bank of Florida Converted to — Central National Bank Jacksonville, Fla. Redwine Brothers, Bankers (Unincorporated bank) Succeeded by — Citizens Bank (Unincorporated bank) Haralson, Ga. Jacksonville, Fla. Haralson, Ga. Heath Springs, S. C. • Heath Springs DepositoryConverted to — Bank of Heath Springs Heath Springs, S. C. North, S. C. North Cash Depository Converted to — Liberty Bank North, S. C. Sugar Land, Texas . Imperial Bank & Trust Co. Converted to — Sugar Land State Bank Sugar Land, Texas. Ins.non. 7- 5-55 National Nonins. It- 6-55 Nonins. Nonins. 7- 1-55 Ins.non. Noninso 7-15-55 Ins.non. Nonins, 7- 1-55 Ins.non. Suspension Joshua Monument National Bank Twentynine Palms, Calif, National 7-25-55 I I | I Consolidations, absorptions, etc. Ins.non. Ins.non. First State Bank of Arizona Bank of Douglas Merged under charter and title of — Bank of Douglas Mesa, Ariz; Phoenix, Ariz. Pacific National Bank Absorbed by — Valley National Bank Long Beach, Calif. National Alhambra, Calif. National Bridgeport-Peoples Savings Bank Southport Savings Bank Merged under charter of Bridgeport-Peoples Savings Bank and title of — People's Savings Bank Bridgeport, Conn. Southport, Conn. Phoenix, Ariz. Bridgeport, Conn# 7- 1-55 Ins.non. Nonins; Nonins. Nonins. 7- 1-55 7-5-55 I I if - 3 - Name and location of banks and branches Class of brnk Date of change Ins.non. 7-11-55 Consolidations, absorptions, etc, (Cont*d) Milford Trust Co, v Absorbed by — First National Bank & Trust Co, Milford, Conn, New Haven, Conn. National Schaller Savings Bank Schaller, Iowa State Bank of Schaller Schaller, Iowa Consolidated under charter and title of — State Banlc of Schaller Schaller, Iowa Nonins. Ins.non. Liberty National Bank & Trust Co. Louisville, Ky. United States Trust Co, Louisville, Ky. Consolidated under charter and title of — liberty National Bank & Trust Co, Louisville, Ky. National Ins.non, Ins.non. Ins.non, Member First Camden National Banlc & Trust Co. Camden, N. J. Pennsauken National Bank Pennsauken, N. J. Consolidated under charter and title of — First Camden National Bank & Trust Co. Camden, N, J• National National Irvington, N . J . Bank of Harnett Durham Bank & Trust Co. Merged under charter and title of — Durham Bank & Trust Co. Irwin, N. C. Durham, N. C. Peoples Savings Bank & Trust Co. Wachovia Bank & Trust Co. Merged under charter and title of — Wachovia Bank & Trust Co. Newark, N . J . Durham, N. C. Wilmington, N. C. Winston-Salem, N. C. Winston-Salem, N. C. Spring Valley, Ohio Spring Valley National Banlc Xenia, Ohio Citizens First National Bank Consolidated under charter and title of —• Citizens First National Bank Xenia, Ohio 7-25-55 National Cedar Springs State Bank Cedar Springs, Mich. Union Banlc of Michigan Grand Rapids, Mich. Consolidated under charter and title of Union Bank of Michigan Grand Rapids, Mich. Peoples National Bank & Trust Co. Absorbed by — Fidelity Union Trust Co. 7-29-55 7- 1-55 Member 7- 1-55 National National 7-25-55 Member Ins.non; Ins.non. 7- 1-55 Ins.non. Member Member 7-30-55 Member National National National 7-20-55 h - Name and location of banks and branches Class of bank Date of change National Member 7- 5 - # Consolidations, absorptions, etc, (Cont*d) First National Bank • City Bank & Trust Co. Merged under charter and title of — City Bank & Trust Co. Birdsboro, Pa. Reading, Pa. S . J . Gully Bank Absorbed by — First National Bank Far r ell, Pa. Reading, Pa. Member Honins. Greenville, Pa. National Harrisburg National Bank Harrisburg, Pa. National Bank of Penbrook Penbrook, Pa. Consolidated under charter and title of — Harrisburg National Bank Harrisburg, Pa. National National Carolina National Bank Anderson, S. C; First National Bank of S. C. Columbia, S. C. Consolidated under charter and title of — First National Bank of S. C. Columbia, S. C. National National National First National Bank Absorbed by — First National Bank National Hecla, S. D. Aberdeen, S. D. 7-25-55 7- 5-55 National National 7-22-55 South St. Joseph, Mo. National Bank in Wahpeton Name changed to — Wahpeton National Bank Wahpeton, N. D. Member 7- 7-55 7- 1-55 Branches established de novo (Includes branches at military and other Government establishments) First National Bank • Sheffield Branch Montgomery Ave. & Fourth St. Tuscumbia, Ala. Sheffield, Ala. Colbert County First National Bank of Arizona Globe Branch 291 Broad Street Phoenix, Ariz. Globe, Ariz, Gila County i 7-25-55 Changes in name or location of banks First St. Joseph Stock Yards Bank Name changed to — First Stock Yards Bank I National 7- 5-55 7-18-55 J - 5 Class of bank Name and location of banks and branches Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) First National Bank Asher Avenue Office 6201 Asher Avenue Lj.tble Rock, Ark. ' Lijttle Rock, Ark. Pulaski County National Golden State Bank Downey Branch 8022 East Florence Ave. Bell Gardens, Calif. Downey, Calif. Los Angeles County Ins.non. Bank of America, N.T. & S.A. Disneyland Branch 1313 Harbor Boulevard San Francisco, Calif. Anaheim, Calif. Orange County National Duarte Branch li|)'0 East Huntington Drive 7- 6-55 7- 8-55 7-16-55 Duarte, Calif. Los Angeles County 7-29-55 Bank of California, N.A. Mills Office U3 El Camino Real San Francisco, Calif. Millbrae, Calif. San Mateo County National Black Rock Bank & Trust Co. Fairfield Office 2115 Black Rock Turnpike Bridgeport, Conn. Fairfield, Conn. Fairfield County Member Equitable Security Trust Co. Newark Office Newark Shopping Center East Main and North Chapel Streets Wilmington, Del, Newark, Del. New Castle County Member Farmers Trust Co. Whiteland Branch Franklin, Ind, Whiteland, Ind. Johnson County Member City National Bank Government Street Branch 3012 Government Street Baton Rouge, La. National Baton Rouge, La. East Baton Rouge County Plank Road Branch 2700 Plank Road First State Bank & Trust Co. Franklinton Office 7- 5-55 7-21-55 7-20-55 7- 9-55 Baton Rouge, La. East Baton Rouge County Bogalusa, La. Franklinton, La. Washington County 7-27-55 7-27-55 Ins.non. 7-16-55 - 6 _ Maine and location of banks and branches Class of bank Date of change Branches established d.e novo (Cont'd) (Includes branches at military and other Government establishments) Ins.non. Savings Bank of Baltimore Loch Raven Office Loch Raven Blvd. and Northern Parkway Baltimore, Md. • Baltimore, Md. Indenendent City Sykesville State Bank Eldersburg Office Sykesville, Md. "• Eldersburg, Md. Carroll County Second Bank-State Street Trust Co. Sales Finance Department Branch 711 Boylston Street Boston, Mass. Boston, Mass. Suffolk County Member Merrimack National Bank Georgetown Branch 38 East Main Street Haverhill, Mass. Georgetown, Mass. Essex County National Lorsll Five Cents Savings Bank Loston Road Branch Boston Road Lowell, Mass. Chelmsford, Mass, Middlesex County Nonins. Natick Trust Co. Turnpike Office Wethersfield Road and Worcester Turnpike Natick, Mass. 1 Natick, Mass. Middlesex County Ins.non. Bay City, Mich. Bay City, Mich. Bay County National City Bank Eight Mile East of Gratiot Office 15800 Eight Mile Road East Detroit, Mich. Detroit, Mich. Wayne County Member First National Bank Hardy Street Branch 1835 Hardy Street Hattiesburg, Miss. • Hattiesburg, Miss. Forrest County National Peoples National Bank Lafayette Avenue Office , 610 Lafayette Avenue Petal Branch 121 Central Avenue West Petal, Miss. Forrest County 7-28-# 7- 1-55 7-25-55 7-25-55 7-27-55 7-11-55 7-28-55 7-31-55 7-29-55 7-22-55 - 7 - Name and location of banks and branches Class of bank Date of change Branches established de novo (Cont'd) (includes branches at military and other Government establishments) Long Branch Trust Co, Drive-In Branch So. Side of Brighton Ave. Long Branch, N. J. Long Branch, N. J. Monmouth County Member Prospect National Bank Instalment Loan Office 639 Pennington Avenue Trenton, N. J. Trenton, N . J . Mercer County National Albuquerque National Bank Simms Building Office 201 Fourth Street, S. W. Albuquerque, N. Mex. 1 Albuquerque, N. Mex. Bernalillo County National Peninsula National Bank Personal Credit Department !?2l| Central Avenue Cedarhurst, N. Y. Cedarhurst, N. I. Nassau County National National Bank of Westchester Hawthorne Office 361 Elwood Avenue White Plains, N. Y. Hawthorne, N. Y. Westchester County National First-Citizens Bank & Trust Co. Swansboro Branch Smithfield, N. C. Ins.non. Swansboro, N. C. Onslow County Burton, Ohio National Bainbridge Township, Ohio Geauga County (P, 0. Chagrin Falls) First National Bank Bainbridge Branch 7-12-55 7-11-^5 7- 6-55 7-18-55 7- 1-55 Farmers & Savings Bank Perrysville Branch Loudonville, Ohio PerrysvilleOhio Ashland County Bridgeville National Bank Oakdale Branch Bridgeville, Pa. Oakdale, Pa. Allegheny County National Delaware Valley Bank & Trust Co. Midway Office Midway Shopping Center, State Route 152 and NewpartvilleFallsington Road Bristol, Pa. Bristol, Pa. Bucks County Ins.non. 7- 2-55 7-Hj-55 Ins.non. 7- 2-55 7- 9-55 7-11-55 Name and location of banks and branches Class of bank Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Farmers National Bank of Bucks County Andalusia Office Locust Avenue and Route 13 Bristol, Pa, Andalusia, Pa, Bucks County National Mellon National Bank & Trust Co. Mt. Royal Branch Mt. Royal Blvd. and Wetzel Road Pittsburgh, Pa. Glenshaw, Pa. Alls gheny County National Peoples National Bank Harrison Township Office Heights Plaza Shopping Center Tarentum, Pa. Natrona Heights, Pa. Allegheny County National National Bank of Union City Wattsburg Branch Union City, Pa.• Wattsburg, Pa, Erie County National Port City Bank North Charleston Branch Rivers Avenue and.Bell Street North Charleston, S..C. Member North Charleston, S. C. Charleston County 7- 1-55 Pioneer Bank East Ridge Branch 3815-17 Ringgold Road Chattanooga, Tenn. East Ridge, Tenn. Hamilton County Ins.non. 7-22-# Bountiful State Bank North Salt Lake Branch Bountiful, Utah North Salt Lake, Utah Davis County Ins.non. First State Bank Panguitch Branch Salina, Utah Panguitch, Utah Garfield County Member First National Bank Pentagon Branch Pentagon Building Arlington, Va. Arlington, Va. , Arlington County National 7-11-55 7-52-55 7- 1-55 7- 1-55 7-1U-55 7- 1-55 7-22-55 Seattle Trust & Savings Bank Seattle, Wash. South Central Branch Unincorporated Area l£2nd Street and Pacific Highway South King County (P. 0. Seattle) Member National.Bank of Washington Industrial Branch 250L East 11th Street National Tacoma, Wash. • Tacoma, Wash. Pierce County 7-15-55 7- 1-55 f i ? t - 9 - Name and location of banks and branches Class of bank Date of change Banks converted into branches (See also Consolidations, absorptions, etc.) Phoenix, Aria. Bank of Douglas Mesa, Ariz. Mesa Branch Maricopa County 63 West Main Street (Formerly First State Bank of Arizona) Ins.non. 7- 1-55 Valley National Bank Long Beach Office 2200 Pacific Avenue (Formerly Pacific National Bank) Alhambra, Calif. Long Beach, Calif. Los Angeles County National People's Savings Bank Southport Branch (Formerly Southport Savings Bank) Bridgeport, Conn. Southport, Conn. Fairfield County Nonins. First National Bank & Trust Co, Milford Branch 22 River Street (Formerly Milford Trust Co.) New Haven, Conn. Milford, Conn. New Haven County National Liberty National Bank & Trust Co. U. S. Trust Branch 500 West Main Street (Formerly United States Trust Co.) Louisville, Ky. • Louisville, Ky. Jefferson County National Union Bank of Michigan Cedar Springs Branch (Formerly Cedar Springs State Bank) Grand Rapids, Mich. Cedar Springs, Mich. Kent County Member First Camden National Bank & Trust Co. Pennsauken Office Browning Road and Westfield Avenue (Formerly Pennsauken National Bank) Camden, N. J, Pennsauken, N. J. Camden County National Fidelity Union Trust Co. Peoples Office 1102 Clinton Avenue (Formerly Peoples National Bank & Trust Co.) Newark, N. J. Irvington, N. J. Essex County Member Durham Bank & Trust Co. Erwin Branch (Formerly Bank of Harnett) Durham, N. C. Erwin, N. C. Harnett County Ins.non. 7- 1-55 7- 5-55 7-11-55 7-25-55 7- 1-55 - 1-55 7-25-55 7- 1-55 10 - Name and location of banks and branches Class of bank Date of change Banks converted into branches (Cont'd) (See also Consolidations, absorptions, etc.) Wachovia Bank & Trust Co* Wilmington Branch 101 N. Front Street (Formerly Peoples Savings Bank & Trust Co.) Winston-Salem, N. C. Wilmington, N. C. New Hanover County- Citizens First National Bank Xenia, Ohio Spring Valley Branch Spring Valley, Ohio (Formerly Spring Valley National Bank) Greene County Member 7-30-S5 National First National Bank Farrell Branch 821 Broadway (Formerly S . J . Gully Bank) Greenville, Pa. Farrell, Pa. Mercer County National Harrisburg National Bank Penbrook Office 2630 Booser Avenue (Formerly National Bank of Penbrook) Harrisburg, Pa. Penbrook, Pa. Dauphin County National City Bank & Trust Co, Birdsboro Branch 23h N. Hill Street (Formerly First National Bank) Reading, Pa. Birdsboro, Pa. Berks County Member First National Bank of S. C. Anderson Office 109 East Whitner Street (Formerly Carolina National Bank) Columbia, S. C. Anderson, S. C. Anderson County National First National Bank Heela Branch (Formerly First National Bank) Aberdeen, S. D. Heel a, S. D. Brown County National 7-20-# 7-25-# 7- 5-55 7- 5-55 7-22-55 7-25-55 I -11- and location of banks and branches Class of bank Date of change Branches acquired by consolidations3 absorptions3 etc, Bank of Douglas Phoenix, Ariz, Acquired tlirough merger and will operate the branch formerly operated by First State Bank of Arizona, Mesa, in Maricopa County Ins.non. 7- 1-55 First National Bank & Trust Co. New Haven, Conn. Acquired through absorption and will operate the branch formerly operated by Milford Trust Co., Milford, in New Haven County. National 7-11-55 National 7- 1-55 Wachovia Bank & Trust Co. Winston-Salem, N. C. Acquired through merger and will operate the branch formerly operated by Peoples Savings Bank & Trust Co*, Wilmington, in New Hanover County. Member 7-30-55 First National Bank Fredericktown, Pa. Acquired through purchase and will operate the branch formerly operated by Peoples First National Bank & Trust Co., Pittsburgh, in Marianna, Pa. National 7-15-55 National 7-22-55 First Camden National Bank & Trust Co, Acquired through consolidation arjd will operate the branch formerly operated by Pennsauken National Bank, Pennsauken, in Camden County. First National Bank of S. C. Acquired through consolidation and will operate the branch formerly operated by Carolina National Bank, Anderson, in Anderson County, Camden, N . J . J Columbia, S. C. -12- Name and location of banks and branches Class of bank Date of change Branches discontinued Central Savings Bank of Florida St. Augustine Branch Jacksonville, Fla. St. Augustine, Fla. Ins.non. Redwine Brothers, Bankers Tyrone Branch Haralson, Ga, Tyrone, Ga. Nonins. Merrimack National Bank Washington Street Branch Haverhill, Mass, 20 Washington Street National First Suffolk National Bank Village. Office Huntington, N. Y. Northport, N. Y, National First Seneca Bank & Trust Co, Center Street Office Oil City, Pa, 102 Center Street Ins.non. Fidelity Trust Co. Keystone Branch Pittsburgh, Pa. 333 Fourth Avenue 6-29-55 L- 6-55 7-18-55 3- 1-55 U-ll-55 7-29-55 Changes in name or location of branches Bank of America, N,T.. & S.A. Polk-Van Ness Branch Moved from Moved to And renamed Van Ness-Sacramento Branch San Francisco, Calif. National 7-11-55 15U1 Pollc Street 16U0 Van Ness Avenue •frEscondido Branch Changed from Changed to Escondido, Calif, Grand Avenue and Broadway 101 East Grand Avenue 7- 1-55 *La Jolla Branch Changed from Changed to San Diego, Calif. Prospect and Girard Avenue 95£ Prospect Street 7- 1-55 San Jose, Calif, 1155 Lincoln Avenue 12U5 Lincoln Avenue 7-U-55 Willow Glen Branch Moved from Moved to Fidelity Trust Co. ; ^Western Savings Branch Name changed to — Oliver Building Branch Pittsburgh, Pa. Member 531. Smithfield Street These changes are due to a change in address only and do not represent any change in the actual location. 7-29-55