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\ CONFIDENTIAL ' ' • "THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.4.5 December 17, 1951 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING NOVEMBER 1951 Name arid location of banks and "branches Class of bank Date of change New banks (except successions and conversions) f U - 3-51 First State Bank of Arizona Mesa, Ariz. Ins.non. Morven Mutual Exchange Bank Morven, Ga. Nonins. First National Bank Buechel, Ky. National Anthony State Bank Anthony, Texas Member 11- 7-51 First National Bank Arlington, Va. National 11-10-51 i Successions and conversions Steel City Bank of South Chicago Converted to — Steel City National Bank Chicago, 111. Chicago, 111. 1- 1-51 11- 1-51 Ins.non. 11-15-51 National Voluntary liquidations (except incident to absorptions, successions, etc.) Mineral Springs Exchange Co. Mineral Springs, Ark. Nonins. 10-12-51 Ins.non. Member 11- 5-51 Consolidations, absorptions, etc. Bank of Manteca Central Valley Bank of California These two banks merged under charter and title of — Central Valley Bank of California Manteca, Calif. Richmond, Calif. Central National Bank Absorbed by -Security Trust Co. Wilmington, Del. Richmond, Calif. Wilmington, Del. Member National Member 11-13-51 Name and location of banks and branches Class of bank Date of change Consolidations, absorptions, etc. (Cont'd) Oaktown Bank Security Bank & Trust' Co. These two banks merged under charter and title of -Security Bank & Trust Co. Oaktown, Ind. Vincennes, Ind. Braintree National Bank Absorbed by — Norfolk County Trust Co. Braintree, Mass. State Savings Bank Absorbed by — First National Bank & Trust Co. Otsego, Mich. Peoples Bank & Trust Co. Paterson Savings & Trust Co. These two banks merged under charter of Paterson Savings & Trust Co. and title of — County Bank & Trust Co. Passaic, N. J. Paterson, N. J. Vincennes, Ind. .Brookline, Mass. Kalamazoo, Mich. Ins.non. Ins.non. 11- 2-51 Ins.non. National 11-13-51 Member Ins.non. 11-23-51 National Member Ins.non. 11- 9-51 Member National 11- 1-51 Paterson, N. J. West New Brighton, West New Brighton Bank N. Y. Staten Island National Bank & Trust Co. New York, N. Y. These two banks consolidated under the charter and title of -Staten Island National Bank & New York, N. Y. Trust Co. Northeast National Bank Pennsylvania Co. for Banking & Trusts These two banks merged under charter and title of -Pennsylvania Co. for Banking & Trusts Philadelphia, Pa. Philadelphia, Pa. Rhode Island Hospital National Bank Absorbed by — Rhode Island Hospital Trust Co. Providence, R. I. Philadelphia, Pa. Providence, R. I. National National Member 11-13-51 Member National 11- 1-51 Member Admission of State bank to Federal Reserve membership Matawan Bank Matawan, N. J. Ins.non. 11-21-51 - 3 Name and location of banks and branches Class of bank Date of change Withdrawals of State banks from Federal Reserve Membership Oaktown Bank Oaktown, Ind. Bank of Babylon Babylon, N. Y. Insurance continued Insurance continued 11- 1-51 11-30-51 Changes in name or location Perry Banking Co. Name changed to-Florida Bank Perry, Fla. Ins.non. 11-14-51 Peachtree Bank & Trust Co. Name changed to -Citizens & Southern Buckhead Bank Atlanta, Ga. Member 11- 1-51 Branches established (including branches at military and other Government establishments and banks converted into branches) Pike County Bank Mineral Springs Teller's Window (De novo; occupies quarters formerly occupied by Mineral Springs Exchange Co. which was placed in liquidation.) Murfreesboro, Ark. Ins.non. Mineral Springs, Ark. 10-12-51 Security - First National Bank Panorama City Branch (De novo) Los Angeles, Calif. National 8516 Van Nuys Blvd. 11-21-51 Central Valley Bank of California Manteca Office (Formerly Bank of Manteca) Richmond, Calif. Member 200 West Yosemite St. Manteca, Calif. 11- 5-51 Bank of America, N. T. & S. A. Panorama City Branch (De novo) San Francisco, Calif. National 8434 Van Nuys Blvd. Los Angeles, Calif. 11-19-51 City Savings Bank Stratford Office (De novo) Bridgeport, Conn. 3680 Main St. Stratford, Conn. 11- 5-51 Ins.non. - 4 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) Mechanics Savings Bank Laurel Street Branch (De novo) Hartford, Conn. Laurel Street & Farmington Avenue Security Trust Co. Central Branch (Formerly Central National Bank) Wilmington, Del. 501 Market St. Z ,American Security & Trust Co. Wisconsin Avenue Branch (De novo) 11- 1-51 * 11-13-51 | Washington, D. C. Member 5201 Wisconsin Ave., N. W. Security Bank & Trust Co. Oaktown Branch (Formerly Oaktown Bank) Vincennes, Ind. Oaktown, Ind. Eastern Trust & Banking Co. Dow Field Agency (De novo) Bangor, Maine Dow Field, Maine r 11- Ins.non. 11- 2-51 8-30-51 ^ Savings Bank Park Heights Avenue Branch (De novo) Baltimore, Md. Ins.non. 5114 Park Heights Ave. 11- 5-51 x/Union Trust Co. of Maryland . Dundalk Branch (De novo) Baltimore, Md. Dundalk, Md. 11- 5-5i ^ Farmers & Merchants' Bank Boulevard Branch (De novo) Salisbury, Md. Salisbury Blvd. College Ave. Old Colony Trust Co. Trust Business Branch (De novo) Member 11-19-51 Boston, Mass. 45 Milk Street 10-22-51 Norfolk County Trust Co. Brookline, Mass. Braintree Branch • 2 Elm Street (Formerly Braintree National Bank) Braintree, Mass. Member Manufacturers National Bank Gratiot-Tacoma Branch (De novo) National Detroit, Mich. 14811 Gratiot Ave. 11-13-51 11-26-51 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) First National Bank & Trust Co. Otsego Branch (Formerly State Savings Bank) Kalamazoo, Mich. Otsego, Mich. Commercial Bank & Trust Co. Capitol Street Branch (De novo) Jackson, Miss. Ins.non. 229-233 East Capitol St. National 11-23-51 County Bank & Trust Co. Paterson, N. J. Main Avenue Office 663 Main Ave. (Formerly Peoples Bank & Trust Co.) Passaic, N. J. Ins.non. Hempstead Bank Bethpage Office (De novo) Hempstead, N. Y. .2^9 Broadway Bethpage, N. Y. Member Bank of Jamestown Drive-in Office (De novo) Jamestown, N. Y. Member Fifth 8s Clinton Sts. 11- 9--51 11-19-51 Staten Island National Bank & Trust Co. New York, N. Y. West New Brighton Office 288 Broadway (Formerly West New Brighton Bank) West New Brighton, N. Y. . Lincoln Rochester Trust Co. Rochester, N. Y. Browncroft Office 2^5 Merchants Road (De novo) American Bank & Trust Co. Drive-in Branch (De novo) Monroe, N. C. 318 N. Hayne St. Ins.non. Central Trust Co. North College Hill Branch (De novo) Cincinnati, Ohio Cincinnati, Ohio Member Mansfield Savings Trust National Bank Eastside Branch (De novo) Mansfield, Ohio 192 Orange St. Delaware County National Bank Parkside Office (De novo) Chester, Pa. 2620 Edgmont Ave. Parkside, Pa. (P.O. Chester) 11- I-5I 11-26-51 11- 1-51 11-19-51 11-19-51 11- 1-51 11- 1-51 11- 1-51 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) Harrisburg, Pa. 2022-2024 North Sixth St. Camp Curtin Trust Co. Drive-in Branch (De novo) Pennsylvania Co. for Banking & Trusts Philadelphia, Pa. Northeast Branch 8001 Frankford Ave. (Formerly Northeast National Bank) 11-15-51 11-13-51 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department American National Bank Norton Air Force Base Facility San Bernardino, Calif. National 6th & D St. 11- 1-51 Branches acquired by absorption or purchase Norfolk County Trust Co. South Braintree Branch (Formerly branch of Braintree National Bank, Braintree, Mass. which was absorbed by Norfolk County Trust Co.) Brookline, Mass. Member 839 Washington Street South Braintree, Mass. County Bank & Trust Co. Eastside Office Paterson, J. J. I 50 Monroe St. Passaic, N. J. Broadway & Van Houten Ave. Passaic, N. J. Westside"Office (Formerly branches of Peoples Bank & Trust Co., Passaic, N. J. which merged with Paterson Savings & Trust Co., Paterson, N. J. under new title, County Bank & Trust Co.) Pennsylvania Co. for Banking & Trusts Philadelphia, Pa. Member Mavfair Branch 7157-59 Frankford Ave. Tacony Branch 6836 Torresdale Ave. (Formerly branches of Northeast National Bank, Philadelphia, Pa. which merged with Pennsylvania Co. for Banking & Trusts) 11-13-51 11- 9-51 11-13-51 7 Name and location of banks and branches Class of bank D a * e of change Branches discontinued Providence, R. I. National 146 Westminster Street 11- 1-51 238 Thayer Street 1 Olneyville Square 434- Smith Street 244 Weybosset Street 1754 Broad Street Cranston, R. I. 184 Taunton Avenue East Providence Branch East Providence, R. I. 286 Thames Street Aquidneck Office Newport, R. I. 38 Washington Square Washington Square Office Newport, R. I. 216 Main Street Pawtucket Branch Pawtucket, R. I. Woonsocket Branch 162 Main Street Woonsocket, R. I. (These branches discontinued and their businesses absorbed by the branches of Rhode Island Hospital Trust Co.; latter institution was operating branches at the same locations, occupying quarters jointly.) Rhode Island Hospital National Bank Commerce Branch East Side Branch Olneyville Branch Smith Street Branch West Side Branch Edgewood Branch Changes in name or location of branches Phoenix State Bank & Trust Co. Park Street Office Moved from Moved to y^First National Bank Dundalk Branch Moved from Moved to Hartford, Conn. Baltimore, Md. Dundalk, Md. 4-5 Shipping Place 5 Centre Place Detroit Bank Oakland Clay Branch Moved from Moved to And renamed Boulevard - St. Antoine Office Detroit, Mich. First National Bank Livonia Branch Moved from Moved to Plymouth, Mich. Livonia, Mich. 32007 Plymouth Road 32202 Plymouth Road Member Park & Broad Sts. Washington & Park Sts. 11-26-51 10-29-51 I 11-19-51 77230 Oakland Ave. East Grand Blvd. & St. Antoine National 9- 8-51 - 8 - Name and location of "banks and branches IDate of Class of bank! change in name or location of branches (Cont'd). National Bank of Washington Twelfth Street Branch Moved from Moved to And renamed Twelfth & Pacific Branch Tacoma, Wash. 114 12th St. 1201-3 Pacific Ave. National 11-19-51 1 )
@FedFRASER