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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