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V

LIBRARY
CONFIDENTIAL

L.U.5

RESEARCH DEPARTMENT

FrnU'^3
FEB 1 8 1949
F £ C L RESERVb BANK
FEDERAL RESERVE B \ i \
RESERVE SYS' E M
BOARD OF GOVERNORS OF
OF RICHMOND

K

THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. February lS, 19US
NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE.
CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JANUARY 19k9
Name and location of banks and branches

Class of bank

Date of
change !

New banks
(except successions .and conversions)
1-10-1*9
1-2U-U9
1-17-U9

Childersburg, Ala,
West Helena, Ark.
Dove Creek, Colo.
Montezuma, Ga.
Oeilla, Ga.

Member
Ins. nonmem.
Ins. nonmem.
Noninsured
Noninsured

Braidwood, 111.

Childersburg State Bank
Merchants & Farmers Bank
Dove Creek State Bank
Montezuma Banking Co.
Citizens Bank
(Unincorporated bank)
State Bank of Braidwood

Noninsured

II-6-U8 ;

Noninsured

12—18—U£

I-10-1*9

10-23-U8

Successions and conversions
Braselton Banking Co.
(Unincorporated bank)
Converted t o —
Braselton Banking Co.

Braselton, Ga,

DeKalb State Bank
Converted t o —
DeKalb National Bank

Doraville, Ga.

Richland Bank
Converted t o First National Bank

Pulaski, Tenn.

Braselton, Ga.

Brookhaven, Ga.

Pulaski, Tenn.

Noninsured
Member

1-21-19

National
Ins. nonmem.

1-3-U9 :

National

Consolidations, absorptions, etc.
Belleville Bank
Absorbed b y —
Danville State Bank

Belleville, Ark.

Bridgeport-City Trust Co.
North End Bank & Trust Co.
These two banks consolidated
under charter and title o f —
Bridgeport-City Trust Co.

Bridgeport, Conn.
Bridgeport, Conn.

Bridgewater Trust Co.
Absorbed b y Home National Bank

Bridgewater, Mass.




Danville, Ark.

Brockton, Mass.

Ins. nonmem.

1-31-U9;

Ins. nonmem.
Member
Member

i-3-k9 :

Member

1-3-U9

National

- 2 -

Class of bank

Name and location of banks and branches

Date of
change

Consolidations3 absorptions, etc. - Cont'd
Southbridge National Bank
Absorbed b y —
Worcester County Trust Co.

Southbridge, Mass.

Bostic Bank
Absorbed b y —
Security Bank & Trust Co.

Bostic, N. C.

Hubbard Banking Co.
Absorbed b y —
Dollar Savings & Trust Co.

Hubbard, Ohio

Bank of Nardin
Absorbed b y —
First National Bank

Nardin, Okla.

Bank of Amity
Absorbed b y —
United States National Bank

Amity, Ore.

Security Bank & Trust Co.
Absorbed b y —
Pennsylvania Company for
Banking & Trusts

Philadelphia, Pa,

Manitowoc National Bank
Absorbed b y —
Manitowoc Savings Bank

Manitowoc, Wis,

Worcester, Mass,

Rutherfordton, N. C.

Youngstown, Ohio

Blackwell, Okla.

Portland, Ore.

Philadelphia, Pa,

Manitowoc, Wis,

1

National

1-17-U9

Member
Ins, nonmem.

1-3-U9

Ins. nonmem.
Member

1-13-U9

Member
Ins. nonmem.

1-3-19

National
Member

1-3-U9

National
Member

1-2U-U9

Member
National

12-31-U6

Member

Admissions of State banks to Federal Reserve Membership
Central State Bank

Calera, Ala,

Ins, nonmem.

1-3-U9

Withdrawals of State banks from Federal Reserve Membership
North Side Bank

Evansville, Ind,

Ins, cont'd

1-2U-U9

Changes in name or location
Ziori Bank
Name changed t o —
Zion State Bank

Zion, 111.'

Ins. nonmem.

1—2U—U9

Wolf Bros, State Bank
Name changed to—
Centreville State Bank

Centerville, Mich,

Member

1-1U-U9




Name and location of banks and branches

Class of bank

Date of
change

Changes in name or location - Cont'd
Citizens Bank
Name changed t o —
Florissant Bank

Florissant, Mo.

Ins. nonmem.

12-30-1:8

Bank of Labaddie
Name apd location changed t o —
America State Bank

Labadie, Mo.

Ins. nonmem.

1-31-U9 >

Bank of North Kansas City
Name changed t o —
First State Bank

North Kansas City, Mo.

Ins, nonmem.

1-3-U9

New First National Bank
Name changed t o —
First National Bank

Marietta, Ohio

National

1-29-U9 i

First Milton National Bank
Name changed t o —
First National Bank

Milton, Pa,

Williamson County Banking &
Trust Co.
Name changed t o —
Williamson County Bank

!

Brentwood, Mo.
6

?

s

Franklin, Term.

Nekoosa State Bank
Nekoosa, Wis.
Name changed t o —
Nekoosa Port Edwards State Bank

1-1-U9

Ins. nonmem.

1-13-U9

Ins. nonmem.

|:

11-1-U8

Branches established
(excluding offices at military reservations but including
banks converted into branches)
Danville State Bank
Belleville Branch
(Formerly Belleville Bank)

Danville, Ark.
Belleville, Ark.

Ins. nonmem.

Anglo California National Bank
Van Ness Avenue Branch
(De novo)

San Francisco, Calif.
llHh Van Ness Avenue

National

Bank of America, N. T. & S. A.
Los Angeles Airport Branch
(De novo)

San Francisco, Calif.
5900 Avion Drive
Los Angeles, Calif.

National




1-31-U9*

1-31-U9:

1-2U-U9 •

Class of bank

Name and location of banks and branches

Date of
change

Branches established - Cont'd
(excluding offices at military reservations but including banks converted into branches)
Bridgeport-City Trust Co,
North End Branch
(Formerly North End Bank &
Trust Co.)
Continental State Bank
Whitney Bench Branch
(De novo)

Boise, Idaho
1512 Vista Avenue

Caleasieu-Marine National Bank
Elton Branch
(De novo)

Member

Bridgeport, Conn.
Bridgeport, Conn.

Lake Charles, La.
Elton, La.

Brockton, Mass.
Home National Bank
20 Central Square
Bridgewater Branch
(Formerly Bridgewater Trust Co.) Bridgewater, Mass.

1-3-49

1-6-1*9
National
1-3-19

:

National
1-3-19

Worcester County Trust Co.
Worcester, Mass.
Southbridge Branch
Southbridge, Mass.
(Formerly Southbridge Nat'l Bank)

Member

Wayne State Bank
Inkster Branch
(De novo)

Wayne, Mich.
Inkster, Mich.

Ins. nonmem.

Morristown Trust Co.
Denville Branch
(De novo)

Morristown, N. J,
38 Broadway
Denville, N. J,

Member

Albany Savings Bank
Pine Hills Office
(De novo)

Albany, N. Y.
501 Western Avenue

Ins. nonmem.

Corn Exchange Bank Trust Co,
Bay Parkway Branch
(De novo)

New York, N, Y.
6629-33 Bay Parkway
Brooklyn, N». Y.

Member

American Trust Co,
Morehead Street Branch
(De novo)

Charlotte, N. C.
Charlotte, N. C.

Security Bank & Trust Co.
Bostic Branch
(Formerly Bostic Bank)

Rutherfordton, N. C.
Bostic, N. C.




1-17-49

1-19-49

1-24-49

1-3-4?

1-3-49

1-3-49
Ins, nonmem.
1-3-49

- 5Name and location of banks and branches

Class of bank

Date of
change

Branches established - Cont'd
(excluding offices at military reservations but including banks converted into branches.)
Dollar Savings & Trust Co.
Hubbard Branch
(Formerly Hubbard Banking Co.)

YoungstoWn, Ohio
2U West Liberty St.
Hubbard, Ohio

Member

United States National Bank
Amity Branch
(Formerly Bank of Amity)

Portland, Ore.
Amity, Ore.

National

Lancaster County National Bank
North Branch
(De novo)

Lancaster, Pa.
National
Intersection of Harrisburg Ave., West James,
and North Prince Sts.

Pennsylvania Co. for Banking & Trs. Philadelphia, Pa.
Kensington & Allegheny Branch
Kensington &
(Formerly Security Bank & Tr. Co.) Allegheny Aves.

1-13-U9

1-3-U9

1-3-19

Member
1-2U-U9

South Carolina National Bank
Five Points Branch
(De novo)

Charleston, S. C,
633 Saluda Ave.
Columbia, S. C.

National

First Security Bank of Utah, N. A.
Washington Drive-In Branch
(De novo)

Ogden, Utah
National
2722 Washington Blvd.

1-3-U9

1-U-U9

Branches or offices established at military reservations
(including "banking facilities" provided through arrangements
made by Treasury Department)
Suburban National Bank
Naval Ordnance Laboratory

Silver Spring, Md.
White Oak,
Silver Spring, Md.

National
1-10-U9

Branches acquired by absorption or purchase
Pennsylvania Co. for Banking & Trs.
Franklin St. & Girard Ave. Branch
(Formerly branch of Security
Bank & Trust Co., which was
absorbed by Pennsylvania Co.
for Banking & Trusts.)




Philadelphia, Pa.
Franklin St. &
Girard Ave.

Member
1-2U-U9

-

6 -

Name and location of banks and branches

Class of bank

Date of
change

Branches discontinued
Pennsylvania Co. for Banking
& Trusts
Girard Avenue Branch

Philadelphia, Pa.
Member
7th St. & Girard Ave.

1-2U-U9

Plantations Bank of Rhode Island
Lincoln-Weybosset Branch

Providence, R. I*
61 Weybosset Street

1-3-U9

Ins. nonmem.

Changes in name or location of branches
Anglo California National Bank
Fresno Branch
Moved from
Moved to

San Francisco, Calif.
Fresno, Calif.
1011 Van Ness Ave.
21U5 Fresno Street

National

Bank of America, N. T. & S. A.
Alhambra Branch
Moved from
Moved to

San Francisco, Calif,
Alhambra, Calif.
2 West Main St.
160 East Main St.

National

Commonwealth Bank
Port-Military Branch
Moved from
Moved to

Detroit, Mich.

Member

First National Bank
Merrill Branch
Moved from

Portland, Ore.
National
Merrill, Ore.
S.E. corner of
Front & Main Sts.
N.E. corner of
Front & Washington Sts.

Moved to

1-29-L9

1—10— h9

12-23-18

6060 West Fort St.
6101 West Fort St.

American National Bank
Centennial Park Branch
Moved from
Moved to

Nashville, Tenn.

Seattle-First National Bank
Greenwood Branch
Moved from
Moved to

Seattle, Wash.
National
Greenwood, Seattle, Wash.
8500 Greenwood Ave.
hOh North 85th St.




1-10-U9

National

270U West End Ave.
2609 West End Ave.

1-2L-19

12-6-18


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102