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• * , C0MFIDENTTAT.
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THIS COMPILATION IS DERIVED LAEGELY FROM SECONDARY SOURCES.
NOT AN OFFICIAL REPORT OF CIIAKGES IN THE BANKING STRUCTURE.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
August 18, 195#

BAMg-

IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JULY 1953

Name and location of banks and branches

Class of bank

Date of
change

New banks
(except successions and conversions)
Greenfield State Bank

Greenfield, Calif.
Kern County

Member

7-29-53

Southwest Bank

Inglewood, Calif.
Los Angeles County

Member

7-3-53

• Cherry Creek Bank

Denver, Colo.
Denver County

Ins.non,

7-15-53

Bank of Lafayette

Lafayette, Colo.
Boulder County

Ins.non«

7-29-53

Park State Bank

Loves Park, 111.
Winnebago County

Ins.non.

7-6-53

Ottawa National Bank

Ottawa, 111.
LaSalle County

National

7-11-53

Wichita State Bank

Wichita, Kans.
Sedgwick County

Ins.non.

7-20-53

Nonins.

7-15-53

Successions and conversions
Denver Industrial Bank
Succeeded byBank of Denver

Denver, Colo.

Harpster Bank
(Unincorporated bank)
Converted to—
Harpster Bank

Harpster, Ohio

Denver, Colo.

Harpster, Ohio

Ins.non.
Nonins.

7-1-53

Ins.non.

Voluntary liquidation
(except incident to absorptions, successions, etc.)
Wheeler Kelly Hagny Trust Co.




Wichita, Kansas

Nonins.

5-6-53

Name and location of banks and branches

Class
of bank

Date of
change

National

7-20-53

Consolidations, absorptions, etc.
American National Bank
Absorbed byAmerican National Bank

Big Bear Lake, Calif.

First National Bank
Absorbed by—
Citizens State Bank

Roseau, Minn.

State Bank of Albany
State Bank, Chatham
These two banks merged under
charter and title of—
State Bank of Albany

Albany, N. Y.
Chatham, N. Y.

Citizens Bank
Absorbed byNational Bank of Auburn

Locke, N. Y#
Auburn, N. Y.

National

First Suffolk National Bank
Northport Trust Co.
These two banks consolidated under
charter and title of—
First Suffolk National Bank

Huntington, N. Y.
Northport, N. Y.

National
Member

Cumberland Savings Bank Co.
Absorbed byCentral National Bank

Cumberland, Ohio

First National Bank
Swarthmore National Bank & Trust Co.
These two banks consolidated
under charter of First National
Bank, Media, and title of—
First National Bank of
Delaware County

Media, Pa.
Swarthmore, Pa..

San Bernardino, Calif. National

Roseau, Minn*

Albany, N. Y.

Huntington, N. Y.

Cambridge, Ohio

Media, Pa.

Myerstown Trust Co.
Myerstown, Pa.
Myerstown National Bank
Myerstown, Pa.
These two banks merged under charter
of Myerstown Trust Co., Myerstown
and title of—
Myerstovm, Pa.
Myerstown Bank & Trust Co.




National

7-20-53

Ins.non.
Member
Member

7-20-53

Member
Member

7-1-53

7-13-53

National
Ins.non.

7-13-53

National
National
National

7-1-53

National
Member
National

7-20-53

-3-

N r e and location of banks and branches
aa

Class
of bank

Date of
change

National
Ins.non,

7-1-53

Consolidations, absorptions, etc. (Cont'd)
National Bank of East Stanwood
State Bank of Silvana
These two banks consolidated
under charter and title of—
National Bank of East Stanwood

East Stanwood, Wash.
Silvana, Wash.
East Stanwood, Wash.

National

Admission of State bank to Federal Reserve Membership
Bank of Atchison County

Rock Port, Mo.

Nonins.

7-2-53

Withdrawal of State bank from Federal Reserve Membership
Real Estate Trust Co.
Philadelphia, Pa.
(After withdrawal from membership,
this bank consolidated with another
nonmember bank on August 3)

Member

7-31-53

Branches established
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank of San Mateo
County
East Palo Alto Office
(De novo)

Redwood City, Calif.
National
19UU University Ave.
East Palo Alto, Calif.
San Mateo County

American National Bank
San Bernardino, Calif.
Big Bear Branch
Big Bear Lake, Calif.
San Bernardino County
(Formerly American National Bank)

National

Security Trust & Savings Bank
South Bay Branch
(De novo)

San Diego, Calif.
Member
779 Palm Avenue
Imperial Beach, Calif.
San Diego County

Bank of America, N.T. & S.A.
Bay-Fair Branch
(De novo)

San Francisco, Calif.
National
15U55 East lfrth St.
Bay-Fair, Eden Township, Calif.
(P.O. San Leandro)
Alameda County




7-6-53

7-20-53

7-1-53

7-6-53

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)
National
First National Bank
Santa Ana, Calif.
Jamboree Bank Branch
Headquarters Building,
(De novo; temporary branch opened
Boy Scouts, Newport
from July 1, 1953 to July 31, 1953) Harbor at 3r?ine Ranch
Orange County
Falmouth National Bank
Woods Hole Branch
(De novo)

Falmouth, Mass.
Woods Hole, Mass.
Barnstable County

National

Essex Trust Co.
Humphrey Street Branch
(De novo)

Lynn, Mass.
U3U Humphrey St.
Swampscott, Mass.
Essex County

Ins.non.

Merchants & Mechanics Bank
, Dort Highway Branch
(De novo)

Flint, Mich.
Member r~
3201 South Dort Highway
Flint, Mich.
Genesee County

Point Pleasant Beach, N.d National
Ocean County National Bank
Bay Head, N. J.
Bay Head Branch
Ocean County
(De novo; replaces the previously
operating Seasonal Agency)
State Bank of Albany
Chatham Branch
(Formerly State Bank, Chatham)

Albany, N. Y.
Chatham, N. Y.
Columbia County

Member

National Bank of Auburn
Locke Branch
(Formerly Citizens Bank)

Auburn, N. Y.
Locke, N. Y.
Cayuga County

National

Marine Trust Co. of Western New York
Falls Boulevard Office
(De novo)

Buffalo, N. Y»
Member *
3051 Sheridan Drive
Amherst, N. Y.
(P.O. Eggertsville)
Erie County

State Bank of Edwards & Star Lake
Star Lake Branch
(De novo)

Edwards, N. Y.
Star Lake, N. Y.
St. Lawrence County




Ins.non.

7-1-53

7-8-53

7-13-53

7-15-53

7-1-53

7-20-53

7-1-53

7-10-53

7-10-53

•5-

Name and location of banks and branches

Class
of bank

Date of
change

Branches established (ContM)
(including branches at military and other Government
establishments and banks converted into branches)
First Suffolk National Bank
Northport Trust Office
(Formerly Northport Trust Co.)

Huntington, N. Y.
111 Main Street
Northport, N. Y.
Suffolk County

National

Northern Westchester Bank
Yorktown Office
(De novo)

Katonah, N. Y.
Member
Yorktown Heights, N. Y.
Westchester County

National City Bank
East Bronx Branch
(De novo)

New York, N. Y.
National
N. E. corner Southern Blvd.
& Union Avenue
Bronx, N. Y.
Bronx County

Niagara County Savings Bank
LaSalle-Military Road Office
(De novo)

Niagara Falls, N. Y.
.Ins.non.
1263-1269 Military Rd.
Niagara Falls, N. Y.
Niagara County

7-1-53

Merchants National Bank & Trust Co.
Eastwood Office
(De novo)

Syracuse, N. Y..
35,01 James St.
Syracuse, N. Y,
Onondaga County

7-15-53

Commercial Bank
Drive-In Branch
(De novo)

Astabula, Ohio
Ins.non.
Park Ave. & Progress Place
Astabula, Ohio
Astabula County

National

Central National Bank
Cambridge, Ohio
Cumberland Branch
Cumberland, Ohio
(Formerly Cumberland Savings Bank Co.) Guernsey County

National

Society for Savings
South Euclid Branch
(De novo, established at the
former location of a savings and
loan association)

Cleveland, Ohio
UU61 Mayfield Road
South Euclid, Ohio
Cuyahoga County

Ins.non.

Springfield Savings Society
North Limestone Street Branch
(De novo)

Springfield, Ohio
Ins.non.
1U2U North Limestone St.
Springfield, Ohio
Clark County




7-13-53

7-13-53
k
7-13-53

I

1

6-1-53

7-13-53

7-1-53

7-13-53

I
-

I
1

l

-6-

Name and location of banks and branches

Class
of bank

Pate of
change

Branches established (ContTd)
(including branches at military and other Government
establishments and banks converted into branches)
Union Bank & Trust Co.
Broad Street Office
(De novo)

Bethlehem, Pa.
52 West Broad St.
Bethlehem, Pa.
Northampton County

Bristol Trust Co.
Lyvittown Branch
(De novo)

Bristol, Pa.
Ins.non.
323-25 Levittown Shopping Center
Levittown, Pa.
Bucks County

Ins,non.

irrt National Bank of Delaware County Media, Pa.
National
Swarthmore Office
Chester Road & Rutgers Ave.
(Formerly Swarthmore National Bank
Swarthmore, Pa.
& Trust Co.)
.Delaware County
Frar.kford Trust Co.
Bustleton Branch
(De novo)

Philadelphia, Pa.
9375 Bustleton Ave.
Philadelphia, Pa.
Philadelphia County

Ins.non.

Vienna Trust Co.
McLean Branch
(De novo)

Vienna, Va.
McLean, Va.
Fairfax County

Member

National Bank of East Stanwood
Silvana Branch
(Formerly State Bank of Silvana)

East Stanwood, Wash.
Silvana, Wash«
Snohomish County

National

National Bank of Commerce
Battery Street Branch
(De novo)

Seattle, Wash.
2128 Third Ave.
Seattle, Wash.
King County

National

7-1-53

7-ll"53

7-1-53

7-16-53

7-2C-53

7-1-53

7-20-53

Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department
National Bank of America
Smoky Hil'l Air Force Base
Frontier Trust Co.
Limestone Air Force Base Facility




Salina, Kansas
National
Salina, Kansas
Saline County
Fort Fairfield, Maine
Ins.non.
Limestone Air Force Base, Me.
Aroostook County

7-22-53
7-29-53

Name and location of banks and branches
Branch acquired by absorption or purchase
First Suffolk National Bank
East Northport Office
(Formerly branch of Northport
Trust Co., Northport, N. Y.,
which consolidated with First
Suffolk National Bank)

Huntington, N. Y.
National
160 Larkfield Road
East Northport, N. Y.

7-13-53

Branch discontinued
Miners & Merchants Bank
Fort Huachuca Branch

Bisbee, Ariz.
Fort Huachuca, Ariz.

Ins.non.

7-22-53

Facility discontinued
Security National Bank
Fort Custer Facility

Battle Creek, Mich.
Fort Custer, Mich.

National

7-3-53

Changes in name or location of branches
Citizens National Trust & Savings Bank Los Angeles, Calif.
Atwater Branch
Moved from '
3221; Glendale Blvd.
Moved to
3250 Glendale Blvd.

National

Security-First National Bank
-^Guadalupe Branch
Former address
New address

Los Angeles, Calif.
Guadalupe, Calif.
33h Guadalupe St.
905 Guadalupe St.

National

Bsnk of America, N.T. & S.A.
Baldwin Park Branch
Moved from
>oved to
*-*Live Oak Branch
Former address
New address

San Francisco, Calif.
National
Baldwin Park, Calif.
l j 3 2 East Ramona Blvd.
l.6
UlUU North Main Ave.
Live Oak, Calif.
C Street
319 West 16th Street

7-13-53

7-16-53

7-13-53
7-29-53

*This change is due to the renumbering of streets and does not represent a change
in the actual location.
• H ? i change is due to the1 renaming of streets and does not represent a change in
}?hs
the actual location.




-8Class
of bank

Name and location of banks and branches

Date of
change

Changes in name or location of branches (Cont'd)
City Bank
Oak Park Branch
Moved from
Moved to

Detroit, Mich.
Member
Oak Park, Mich,
20950 Greenfield Road
13701 West Nine Mile Road

7-31-53

First National Bank & Trust Co,
Galesburg Branch
Moved from
Moved to

Kalamazoo, Mich.
National
Galesburg, Mich
1 East Battle Creek St.
82 West Michigan Ave.

7-8-53

National State Bank
Frelinghuysen Avenue Branch
Moved from
Moved to
and renamed
South Newark Office

Newark, N. J.

Commercial State Bank & Trust Co.
New York Main Office Branch
Moved from
Moved to

New York, N. Y.

Ohio National Bank
Linden Branch
Moved from
Moved to

Columbus, Ohio

National

100 Frelinghuysen Ave.
19li-196 Frelinghuysen Ave.

Ins.non.

1697 Pitkin Ave.
157U Pitkin Ave.
National

2507 Cleveland Ave.
2700 Cleveland Ave.

7-13-53

7-20-53

7-15-53

Change in name of branch or office at military reservation
First National Bank of the Black Hills Rapid City, S. D.
#Rapid City Air Force Base
Rapid City, S. D.
Renamed
Ellsworth Air Force Base

-

National

7-7-53

*This change was reported to the Federal Reserve Bank on the date given5 the date on
which the change occurred was not given.