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r • * , C0MFIDENTTAT. ' i .l-LVon/M. -• 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.