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CONFIDENTIAL

*

BOARD OF GOVERNORS OF THE FEDERAL RESERVE' SYSTEM

&
#

L.4.5

THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY*'SOURCES. February 15, 1952
NOT AS OFFICIAL REPORT OF CHANGES IN THE BAMIBG STRUCTURE.
CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JANUARY 1952
Name and location of banks and branches

Class
of bank

Date of
change

-S:'V"
%

New banks

F

(except successions and conversions)
First Bank of Alabaster

Alabaster, Ala.

Member

1-21-52 % '

City National Bank

Dothan, Ala.

National

1-14-52 f

Fort Payne Bank

Fort Payne, Ala.

Ins.non.

1-30-52 p:

Highland Park State Bank

Des Moines, Iowa

Ins.non.

1-28-52 f

Bowling Green Banking Co.

Bowling Green, Ohio

Ins.non.

1-25-52 I

Farmers & Merchants Bank

Fairborn, Ohio

Ins.non.

1- 7-52

Community State Bank

Tulsa, Okla.

Ins.non.

1-14-52 #

Ins.non.

1-21-52 :
•

Successions and conversions
Thomasville Bank & Trust Co.
Succeeded by
Bank of Thomasville

Thomasville, Ala.

Peoples Bank
(Unincorporated bank)
Converted to —
Peoples Bank

Willacoochee, Ga.

Bank of San Pierre
. (Unincorporated bank)
Converted to -San Pierre State Bank

San Pierre, Ind.

Winn Banking Co.
(Unincorporated bank)
Converted to —
Winn State Bank

Winn, Mich.

Edwards National Bank
Converted to -State Bank of Edwards & Star Lake

Edwards, N. Y.




Thomasville, Ala.

Willacoochee, Ga.

San Pierre, Ind.

Winn, Mich.

Edwards, N. Y.

f
f

f

Ins.non,
Nonins.

1-15-52 f '

I

Ins.non.
Nonins.

fi-

1- 2-52

Ins.non.
Nonins.

1-26-52>

I'

Ins.non.
National
Ins.non.

1- 1-52

Name and location of banks and branches

Class
of bank

Date of
change

Voluntary liquidations
(except incident to absorptions, successions, etc.)
Bank of Greenwood

Greenwood, Fla.

^Eutawville Depository

Ins.non.

1- 9-52

Eutawville, S. C.

Nonins.

12-17-51

Leander, Texas

First State Bank

Nonins.

1- 2-52

Member
National

1- 2-52

Consolidations, absorptions, etc.
, Savings Bank of Williamsport
Washington County National Bank
These two banks consolidated
under charter of Washington
County National Bank
and title of —
Washington County National
Savings Bank

Williamsport, Md.
Williamsport, Md.

Williamsport, Md.

Bronxville, N. Y.
Bronxville Trust Co.
First National Bank
New Rochelle, N. Y.
These two banks consolidated under
the charter of First National Bank
and title of -First Westchester National Bank
New Rochelle, N. Y.
Planters State Bank
Absorbed by —
First National Bank

Mountain Park, Okla.

West Tulsa State Bank
Absorbed by —
Community State Bank

Tulsa, Okla.

Snyder, Okla.

Tulsa, Okla.

National
Member
National

1-14-52

National
Ins.non.

1-19-52

National
Nonins.

1-14-52

Ins.non.

Commercial National Bank
Hillsboro, Ore.
Commercial Bank
West Slope, Ore.
Citizens Bank
Sherwood, Ore.
These three banks merged under
charter of Citizens Bank of Sherwood
which changed title and location to —
Commercial Bank
Hillsboro, Ore.

National
Ins.non.
Member

1- 2-52

First National Bank
Northwestern Loan & Trust Co.
These two banks consolidated under
charter and title of -First National Bank

National
Ins.non.

1- 2-52




Kenosha, Wis.
Kenosha, Wis.
Kenosha, Wis.

National

Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or,location
- Sarasota State Bank
Name changed to -Sarasota Bank 8 Trust Co.
b

Sarasota, Fla.

12-31-51

Bank of Buechel
Name changed to —
Citizens Fidelity Bank

Buechel, Ky.

Farmers & Depositors Bank
Name changed to — .
Citizens Fidelity Bank

St. Matthews, Ky.

Ins.non.

1- 7-52 *

Citizens Bank
Name changed to —
Citizens Bank of Maryland

Riverdale, Md.

Ins.non.

1- 5-52 '

Presque Isle County Savings Bank
- Name changed to —
Presque Isle Bank

Rogers City, Mich.

Ins.non.

1-29-52;

Peoples Trust Co.
Name changed to —
Peoples Bank

Shamokin, Pa.

Ins.non.

1-18-52,

Union Planters National Bank &
Trust Co.
Name changed to —•
Union Planters National Bank

Memphis, Tenn.

1-15-52#:

Danville Loan & Savings Bank
Name changed to —
Security Bank & Trust Co.

Danville, Va.

1-14-52:

1- 7-52 |

Branches established
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank
Parker Branch
(De novo)

Phoenix, Ariz.
Parker, Ariz.

First National Bank
Brookwood Branch
(De novo)

Atlanta, Ga.
1813 Peachtree Road,
N. W.




1?-

1-28-5%

1-18-52

I

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)
v Equitable Trust Co.
Baynesville Office
(De novo)

Baltimore, Md.
1708 Joan Ave.
Towson, Md.

First Westchester National Bank
Bronxville Office
(Formerly Bronxville Trust Co.)

New Rochelle, N. Y.
Bronxville, N. Y.

Onondaga County Savings Bank
Community Office
(De novo)

1-30-52

Syracuse, N. Y.
1227 South Salina St.

\Z First-Citizens Bank & Trust Co.
Maysville Branch
(De novo)

Smithfield, N. C.
Maysville, N. C.

1-14-52

11- 9-51

Ins.non.
1-25-52

Canton National Bank
Werts - West Tuscarawas Branch
(De novo)

Canton, Ohio
National
3004 West Tuscarawas St.

Commerce National Bank
West Toledo Branch
(De novo)

Toledo, Ohio
Sylvania Ave. &
Torrance Drive

Commercial Bank
Sherwood Branch
(Formerly Citizens Bank)
West Slope Branch
(Formerly Commercial Bank)

Hilleboro, Ore.
Sherwood, Ore.

Willamette Valley Bank
University Branch
(De novo)

Salem, Ore.
1312 State St.

Fulton National Bank
McGovern Avenue Branch
(De novo)

Lancaster, Pa.
38 McGovern Ave.
Manheim, Pa.

Girard Trust Corn Exchange Bank
Mayfair Office
(De novo)

Philadelphia, Pa.
4010 East Cottman St.




National

1-16-52

1-21-52

1- 2-52

West Slope, Ore.

1- 2-52

Ins.non.
1- 2-52

1- 9- 52
Member
1-31-52

- 5 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)
Morristown State Bank
Mcintosh Branch Office
(De novo)

Morristown, S. D.
Mcintosh, S. D.

Ins.non.

First National Bank
Poplar - Plaza Branch
(De novo)

Memphis, Tenn.
3400 Poplar Ave.

National

Union Planters National Bank &
Trust Co.
Drive-in Branch
(De novo)

Memphis, Tenn.

National

1- 2-52

1-15-52

633 South Highland

1- 3-52 '

Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department
First National Bank
Scott Air Force Base

Belleville, 111.
Belleville, 111.

National

Cecil National Bank
U. S. Naval Training Center

Port Deposit, Md.
Bairibridge, Md.

National

Canal Winchester Bank
Lockbourne Air Force Base

Canal Winchester, Ohio
Columbus, Ohio

Ins.non.

Peoples National Bank
Donaldson Air Force Base

Greenville, B.C.
Greenville, B.C.

National

First Security Bank of Utah, N. A.
Dugway Proving Ground Facility

Ogden, Utah
Tooele County, Utah

National

1-10-521

f

1-14-52*
1-28-52f
1-15-52;
l-U-52!

Branches acquired by absorption or purchase
Commercial Bank
Hillsboro, Ore.
Banks Branch
Banks, Ore.
Vernonia Branch
Vernonia, Ore.
(Formerly branches of Commercial
Bank, West Slope, Ore., which
merged with Citizens Bank, Sherwood,
Ore., under new title and location,
Commercial Bank, Hillsboro, Ore.)




Member
1- 2-52'
1- 2-52:

- 6

-

i and location of banks and branches
Branch
Murfreesboro Bank & Trust Co.
Eagleville Branch

Class
of bank

Date of
change

discontinued
Murfreesboro, Tenn.
Eagleville, Tenn.

Ins.nori.
1-19-52

Changes in name or location of branches
National

Security - First National Bank
Main & Commercial Branch
Moved from
Moved to

Los Angeles, Calif.

Fadley Falls Trust Co.
Chicopee Branch
Moved from
Moved to

Holyoke, Mass.
Chicopee, Mass.
35 Center Street
124 Cabot Street

Member

Detroit Bank
Kercheval - Van Dyke Branch
Moved from
Moved to

Detroit, Mich.

Member

Bank of the Manhatten Co.
Madison Avenue at 43rd Street Branch
Moved from
Moved to
And renamed
Fifth Avenue Office

New York, N. Y.

1-14-52

301 North Los Angeles St.
300 North Main St.
1-28-52

1-21-52

7968 Kercheval Ave.
7700 Kercheval Ave.
Member

1-29-52

331 Madison Ave.
535 Fifth Ave.

Revision of dates shown in October 1951 report
Merger: The statement reported the merger of Lee County Commercial Bank and
Peoples Exchange Bank, both located in Beattyville, Ky., on September 28, 1951Advice has now been received from the Federal Deposit Insurance Corporation that
this merger did not become effective until December 2.1, 1951«
Branch opening: The statement also reported that the Guaranty Bank & Trust Co.,
Alexandria, Louisiana, opened a de novo branch at 8l8 Fourth Street, Alexandria
on October 15, 1951# we are now advised that this branch did not open for business
until December 5, 1951.