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RESEARCH DEPA iT.VENT LIBRARY CONFIDENTIAL = 7:19 194/ BOARD OF G V O ~L.4*5_ DliC 1 7 iS47 RESERVE s ®^^ EDE 0F L mcHM0ND B * ,NK 1ATI0H E ^ S - f AN IOFFTCT*L' 1 5 D E R I V--D - MGELY FROM SECOHDAEY souECE? e c e m b e r 1 5 ' RDT , T n CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING NOVEMBER 1947 191,7 Class of bank Date of change Denver, Colo. Ins • nonmem. 11-24-47 Berwyn, 111. McLeansboroi 111. Markle, Ind, Center, Mo. Kansas C i t y , Mo. Memphis, Mo. Norlina, N. C. Brownsville, Pa. Hawkins, Texas Junction, Texas National I n s . nonmem; Ins • nonmem. Uninsured Ins. nonmem. Uninsured I n s . nonmem. National Uninsured Member Name and location of banks and branches New banks (except successions and conversions) Mountain States Bank (Organized t o succeed Finance I n d u s t r i a l Bank, a noninsured i n d u s t r i a l bank) Commercial National Bank Hamilton County Bank •State Bank of Harkle Center S t a t e Bank Grand Avenue Bank Farriers & Merchants Bank Peoples Bank -First National Bank Fii'^t S t a t e Bank F i r s t S t a t e Bank 11-6-k? 11-1-47 11-29-47 11-5-47 H-IO-47 n-5-47 11-15-47 11-17-47 n-8-47 11-8-47 Voluntary l i q u i d a t i o n s (except i n c i d e n t t o a b s o r p t i o n s , successions, e t c . ) E l b e r t County Bank E l b e r t , Colo. Ins. nonmem. 10-15-47 Uninsured 11-3-47 Consolidations, a b s o r p t i o n s , e t c . F i r s t S t a t e Bank Absorbed b y F i r s t National Bank I'c Far land, ICans. Alma, Kans. Middlesex County National Bank E v e r e t t , Mass. - Somervilie Trust Co. Somerville, Mass. These two banks consolidated under c h a r t e r and t i t l e of— Middlesex County National Bank E v e r e t t , Mass. F i r s t National Bank Absorbed b y F i r s t National Bank Lakehurst, N. J. Reading Bank Absorbed b y F i f t h Third Union Trust Co. Reading, Ohio Toms River, N. J. C i n c i n n a t i , Ohio National National Member 11-3-47 National National 11-1-47 National Member Member THIS COMPILATION IS DERIVED LARGELY F O SECONDARY SOURCES. RM AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. NOT 11-24-47 £ / Name and l o c a t i o n of .banks and branches Class of bank Date of change Consolidations, a b s o r p t i o n s , e t c . - Cont*d Burgettstown, Pa, National Washington, Pa. Washington National Bank Absorbed b y Citizens National Bank National Braddock National Bank Braddock, Pa.• F i r s t National Bank Sewickley, Pa, Wilkinsburg Bank V/ilkinsburg, Pa. These three banks were absorbed b y Mellon National Bank & Tr. Co, P i t t s b u r g h , Pa, E l i a s v i l l e , Texas E l i a s v i l l e S t a t e Bank Absorbed b y Graham National Bank Graham, Texas National National Ins, nonmem, 11-3-1+7 11-10-ltf 11-24-47 11-17-47 National I n s , nonmem# 11-10-47 National Adm3'.ssions of S t a t e Banks t o Federal Reserve membership F i r s t S t a t e Bank Texas Bank & Trust Co. Gould, Okla. Dallas, Texas I n s . nonmem; Ins. nonmem. 11-26-47 11-13-47 Withdrawals of S t a t e banks from Federal Reserve membership Blue I s l a n d , 111, Sinton, Texas S t a t e Bank of Blue Island Commercial S t a t e Bank r Ins, continued I n s . continued 11-14-47 n-lo-47 Changes in name or l o c a t i o n Brice Banking Co. Name changed to— V i d a l i a Banking Co. V i d a l i a , Ga. I n s , nonmem. n-l-47 Bank of Broadway Name changed to— Central B&nk & Trust Co, Broadway, N. C, I n s , nonmem. 11-3-47 Branches established(excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s but including banks converted i n t o branches) Progressive Bank & Trust Co, South Broad S t r e e t Branch (De novo) New Orleans, La, 3401 So. Broad S t r e e t Member Middlesex County National Bank Davis Squarfc O f f i c e (Formerly Somervilie Tr. Co.) E v e r e t t , Mass. 406 Highland Ave, Somerville, Mass. National 10-20-47 11-3-47 - 3 Name and. l o c a t i o n of banks and branches Class of bank Date of change Bronchos e s t a b l i s h e d - Cont'd (excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s b u t including bankr converted i n t o branches) Lexington Trust Co. Great Road Branch (De novo) Lexington, Mass. 78 Great Road Bedford, Mass. I n s . nonmem. Sosierville National Bank Davis Square Branch , (De novo) Somerville, Mass. >399 Highland Avenue National Second National Bank & Trust Co. South Side Branch (De novo) Saginaw, Mich, 229 Center S t r e e t National Bank of Hollandale Areola Branch O f f i c e (De novo) H o l l a n d a l e , Miss. Areola, Miss. I n s . nonmem. F i r s t National Bank Lakehurst Branch (Formerly F i r s t National Bank) Toms R i v e r , N. J." Lakehurst, N. J . National ' F i f t h Third Union Trust Co. Reading Branch (Formerly Reading Bank) C i n c i n n a t i , Ohio Reading, Ohio Member F i r s t N a t i o n a l Bank Oakridge Branch (De novo) P o r t l a n d , Ore, / Oakridge, Ore. National Mellon National Bank & Trust Co. Braddock Branch (Formerly Braddock N a t ' 1 Bank) P i t t s b u r g h , Pa. 826 Braddock Ave. Braddock, Pa. National 11-20-4? 11-24-47 11-17-1+7 11-5-47 11-1-47 11-24-47 11-4-48 11-10-47 Sevrickley Branch (Formerly F i r s t N a t ' l Bank) Beaver & Broad S t s . Sewickley, Pa. 11-24-47 Vfilkinsburg Branch (Formerly V/ilkinsburg Bank) 901 Wood S t r e e t Wilkinsburg, Pa. 11-17-47 C i t i z e n s N a t i o n a l Bank Washington, Pa. Burgettstovm Branch B u r - e t t s t o w n , Pa. (Formerly Washington N a t ' l Bank) National 11-3-47 - 4 Name and l o c a t i o n of banks and branches Class of bank Date of change Branches e s t a b l i s h e d - Cont^d (excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s b u t including banks converted i n t o branches) American Trust & Banking Co. Rossville Branch (De novo) Chattanooga, Tenn. 5022 R o s s v i l l e Blvd. S e a t t l e - F i r s t National Bank Richland Branch (De novo) S e a t t l e , Wash. 507 Knight S t r e e t Richland, Wash. 11-12-1+7 11-24-47 Branches or o f f i c e s e s t a b l i s h e d a t m i l i t a r y r e s e r v a t i o n s (including "banking f a c i l i t i e s " provided through arrangements made by Treasury Department) Peoples National Bank. Brookhaven National Laboratory Patchogue, N. Y. Camp Upton, N. Y. National 11-17-47 Branches acquired by absorption or Purchase Middlesex County National Bank E v e r e t t , Mass. Winter H i l l O f f i c e J 3 8 Broadway (Formerly branch of Somerville Somerville, Iiass.; Trust Co., Somerville, Mass., which was absorbed by Middlesex County National Bank) National 11-3-47 . Changes in name or l o c a t i o n of branches Bank of America, N. T. & S. A, San Bernardino Branch Renamed-San Bernardino Main Office National San Francisco, C a l i f . 508 - 3rd S t r e e t 1 San Bernardino, C a l i f . F i r s t S e c u r i t y Bank of Idaho, N. A. Boise, Idaho J e f f e r s o n Branch Moved from 910 J e f f e r s o n St* Moved to 319 No. 9th St* , Lawyers Trust Co. Brooklyn O f f i c e Moved from Moved to National Member New Xork, N. Y; Brooklyn* N..Y, i 16 Court S t r e e t 203 Montague S t r e e t 10-10-47 11-20-47 11-24-47
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