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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