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V" T P — GONPTTENTTAT T H I S 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,lu5 ^ February 19, 1959 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED HIRING JANUARY 1959 Name and location of banks and branches Class of bank Date of qhcnge New banks (except successions and conversions) Dolores State Bank Dolores, Colo. Montezuma County Ins.non. 1—5—59 City Bank & Trust Co. St. Petersburg, Fla. Pinellas County Ins.non. 1-22-59 Community State Bank Salem, 111. . Marion County Ins.non. 1-9-59 Sidney Community Bank Sidney, 111* Champaign County Ins.non. 1—3—59 Augusta State Bank (Admitted to membership on January 30, 1959, but did not open for business until January 31, 1959.) Augusta, Kans. Butler County Member 1—31—59 Lake Charles, La. Calcasieu County National 1-6-59 v^Belton Bank Belton, S. C. Anderson County Ins.non, 1-5-59 ^ „-Bank of Bethune Bethune, S. C. Kershaw County InSoJion. 1-2-59 ^ Odessa, Texas Ector County National 1-23-59 Nonins. 1-5-59 . Lakeside National Bank National Bank of Odessa Successions and conversions Donato Laraia, Private Bankers Succeeded by — Charter Oak Company, Private Bankers First National Bank Converted to — First State Bank Hartford, Conn. Hartford, Conn. Shellman, Ga. Shellman, Ga. Nonins. National Ins.non*. 1—2—59 Class of bank Date of change Member Name and location of banks and branches 1--13-59 Successions and conversions (Cont'd) Worcester County Trust Co, Converted to — Worcester County National Bank Worcester, Mass. First National Bank Converted to — First State Bank Italy, Texas Worcester, Mass. National National Italy, Texds 1-2-59 Ins.non. Chas. Schreiner B?.nk, Unincorporated Kerrville, Texas Converted to — Chas. Schreiner Bank Kerrville, Texas Nonins. 1-5-59 Ins.non. Consolidations, absorptions, etc. Citizens Bank Farmers State Bank Merged under charter and title of — Citizens Bank Jonesboro, Ark. Jonesboro, Arke Denver National Bank United States National Bank Consolidated under charter of Denver National Bank and title of —— Denver United States National Bank Denver, Colo. Denver, Colo. Bethel National Bank Fairfield County Trust Co. Merged under charter and title of — Fairfield County Trust Co. Bethel, Conn. Stamford, Conn. First National Bank & Trust Co. Wilmington Trust Co. Merged under charter and title of — Wilmington Trust Co. Milford, Del. Wilmington, Del. First National Bank Absorbed by — Farmers National Bank Fairbury, 111. Jonesboro, Ark. Ins.non. Ins.non. 1-2-59 Ins.non. National National 1-2-59 National Ins.non. 1-5-59 Denver, Colo. Stamford, Conn. Ins.non. National Member 1-30-59 National 1-2-59 Wilmington, Del. Fairbury, 111. National -3 - Name and location of banks and branches Glass of bank Date of change Consolidations, absorptions, etc. (Cont'd) French Lick, Ind, French Lick State Bank West Baden Springs, West Baden National Bank Consolidated under charter of West Baden National Bank and title and location changed to — Springs Valley National French Lick, Ind* Bank Genesee Merchants Bank & Trust Co, Flint, Mich,,. , First State & Savings Bank Flushing, Mich. Peoples State Bank Flushing, Mich. State Bank of Ortonville Ortonville, Mich. Consolidated under charter and title -of — Genesee Merchants Bank & Trust Co. Flint, Mich. Peoples Bank Absorbed by — Newton County Bank Louin, Miss. Black River National Bank Watertown National Bank Consolidated under charter and title of — Watertown National Bank Lowville, M Watertown, Member National National Member Ins.non. Member Ins.non. Y. Watertown, N. Y. 1-2-59 Member Ins.non. Newton, Miss. 1-2-59 12-31-58 Ins.non. National National 1-26-59 National Adirondack National Bank & Trust COo Saranac Lake, N. Y. Northern New York Trust Co, Watertown, N. Y. Merged under charter and title of — Northern New York Trust Co, Watertown, N. Y# Bridgeport National Bank Bridgeport, Ohio First National Bank St. Clairsville, Ohio Merged under charter of Bridgeport National Bank and title and location changed to ' • Belmont County National Bank St. Clairsville, Ohio Society for Savings Absorbed by — Society National Bank Cleveland, Ohio Cleveland, Ohio National Member 1-2-59 Member National National 1-2-59 National Ins.non. National 1-2-59 - U — Name and location of banks and branches Class of bank Date of change Consolidations, absorptions, etc., (Cont'd) East Stroudsburg, Pa„ Monroe County National Bank Stroudsburg, Pa. Stroudsburg Security Trust Co, Merged under charter of Stroudsburg Security Trust Co• and title of — Monroe Security Bank & Stroudsburg, Pa. Trust Co* Huntingdon Valley, Pa0 Huntingdon Valley Trust Co. First Pennsylvania Banking & Philadelphia, Pa. Trust Co. Merged under charter and title of — First Pennsylvania Banking Philadelphia, Pa. & Trust Co. Wrightsville, Pa0 First National Bank York National Bank & Trust Co. York, Pa. Merged under charter and title of — York National Bank & Trust Co. York, Pa. National Ins.non, 1-26-59 Ins.non. Ins.non. 1-5-59 Member Member National National 1-28-59 National Changes in name or location of banks Bank of Nettleton * Address changed to Nettleton, Ark* Jonesboro, Ark. Ins.non. 1- -59 Farmers National Bank Name changed to — National Bank of Fairbury Fairbury, 111, National 1-2-59 Union Trust Co, Name changed to — Union Bank & Trust Co. Franklin, Ind. Ins.non. 1-20-59 Empire National Bank Name changed to — Northwestern National Bank St. Paul, Minn. National 1-2-59 Chouteau County Bank Name changed to — First Chouteau County Bank Fort Benton, Mont. Ins.non. 1-2-59 Egg Harbor City Trust Co. Name changed to — Egg Harbor Bank & Trust Co. . Egg Harbor City, N« J« Member 1-20-59 * This change is due to the annexation of Nettleton by the City of Jonesboro and does not represent any change in the actual location. ~ 5 > Name and location of banks and branches Class of bank Date of change og$a&ll9fred d& novo (Cont'd) (Includes branches at military and other Government establishments) First National Bank of Saratoga & Cupertino Saratoga Office 114i28 Big Basin Way Cupertino, Calif, Saratoga, Calif. Santa Clara County National Placerville, Calif, Grass Valley, Calif, Nevada County Ins.non, Bank of America, N.T. & S.A, Lincoln-Knott Branch 8968 Knott Avenue San Francisco, Calif, Buena Park, Calif, Orange County National Bank of California, N,A. Sacramento Office 812 J Street San Francisco, Calif, Sacramento, Calif, Sacramento County National Crocker-Anglo National Bank Marconi-Fulton Office 2752 Marconi Avenue San Francisco, Calif, National Sacramento County, Calif, (P.O. Sacramento) 1-26-59 First Western Bank & Trust Co, Pico-Westwoo d Office 10820 West Pico Boulevard San Francisco, Calif. Los Angeles, Calif, Los Angeles County 1-30-59 , Mother Lode Bank Grass Valley Office 109 South Auburn Street Stockton Office 130 North Sutter Street Farmers Bank of the State of Delaware University Office Student Center Building University of Delaware Ins.non. Stockton, Calif, San Joaquin County Ins.non. Washington, D. C. Washington, D. C. Member Bank of Georgia Buckhead Office 3272 Peach Tree Road, N. E. Atlanta, Ga. Atlanta, Ga. Fulton County Ins.non. Columbus Bank & Trust Co, South Columbus Branch 11*35 Benning Drive Columbus, Ga. Columbus, Ga. Muscogee County Member 1-5-59 1-30-59 1-5-59 1-30-59 Dover, Del, Newark, Del. New Castle County Vftational Savings & Trust Co. Cathedral Office 3715 Newark Street, N. W. 1-2-5? 1—20—59 1-19-59 1-5-59 1-2-59 -6 _ Nanie and location of banks and branches Class of bank Date of . change . Branches established de novo (Cont'd) (Includes branches at tfiU&tery and other Govetinmesifc establishments) Fourth National Bank Cross Country Plaza Branch Cross Country Plaza Shopping Center Macon Road Columbus, Ga. Columbus, Ga. Muscogee County National 1-2-# French Lick, Ind. National Springs Valley National Bank West Baden Springs, Ind, West Baden Branch Orange County College Boulevard (Formerly head office of West Baden National Bank which moved to location of French Lick State Bank, French Lick, at the time it consolidated with that bank under charter of West Baden National Bank and title shown aboveo) Essex Savings Bank South Lawrence Branch I . O South Union Street 46 Lawrence, Mass* South Lawrence, Mass, Essex County Nonins. Coopersville State Bank Marne Office l6th Street Coopersville, Mich, Marne, Mich* Ottawa County Member Mount Clemens Savings Bank North Branch U3727 North Gratiot Avenue Mount Clemens, Mich, Member Township of Clinton, Mich. Macomb County (P.O. Mount Clemens) Mechanics State Bank Motor Branch 200 South Broadway McComb, Miss. McComb, Miss. Pike County Ins.non. Albuquerque National Bank East Menaul Boulevard Office 5U00 Menaul Boulevard, N.E. Albuquerque, N« Mex. Albuquerque, N. Mex. Bernalillo County National First National Bank Bloomfield Branch Farmington, N. Mex. Bloomfield; N» Mex. San Juan County National Hempstead Bank Hempstead, N. Y. Member North Massapequa Office North Massapequa, N. Y, 1079 Hicksville-Massapequa Road Nassau County 1-2-59 1-19-59 1-2-59 1-8-59 12-5-58 1-5-59 1-5-59 1-2-59 - 7 Name Mid location of banks and branches Class of basak Date of change Branches established de novo (ConfcM) (Includes branches at military and other Government establishments) Dutchess Bank & Trust Co* South Road Branch Poughkeepsie Shopping Center U23 South Road Poughkeepsie, N. Y. Poughkeepsie, N. Y. Dutchess County Member Marine Midland Trust Co. of Central New York Fairmount Office 3it01 'Vest Genesee Street Syracuse, N. Y. Geddes, N. Y. Onondaga County Member Cleveland Trust Co. Garfield Heights Branch 5007 Turney Road Cleveland, Ohio Member Garfield Heights, Ohio Cuyahoga County 1-12-59 Belmont County National Bank Bridgeport Branch 325 Main Street (Formerly head office of Bridgeport National Bank, Bridgeport, which moved to location Of First National Bank, St. Clairsville, at the time it merged with that bank under charter of Bridgeport National Bank and title shown above.) Sto Clairsville, Ohio Bridgeport, Ohio Belmont County 1-2-59 Troy Citizens Bank Downtown Branch 110 West Main Street Troy, Ohio Troy, Ohio Miami County Ins.non. Citizens National Bank Wexford Office Bonnie View Drive Highway Evans City, Pa. Pine Township, Pa. Allegheny County National First National Bank & Trust Co. Clearview Branch . 1060 Carlisle Street Hanover, Pa. Hanover, Pa. York County 1-6-59 1-19-59 National 1-5-59 1-19-59 (PeOc Wezfcwd) National Saving Fund Society of Germantown and Vicinity Philadelphia, Pa. Ins.non. Huntingdon Valley Shopping Center Branch Abington Township, Pa. 793 Huntingdon Valley Shopping Montgomery County Center, Huntingdon Pike and (P.O. Philadelphia) Rockledge Avenue 1-5-59 1-23-59 Name and location of banks and branches Class of bank Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) York, Pa. National Western National Bank Manchester Township, Pa, 1-12-59 North Gate Branch York County North George Street & Eleventh (P.O. York) Avenue Pawtucket Institution for Savings Pawtucket, R.I. Cumberland Branch Cumberland, R. I. 3h0 Broad Street, Valley Falls Providence County Ins.non. v/Peoples Bank Drive In Branch Church and Boundary Street Beaufort, S. C. Beaufort, S. C. Beaufort County Member ^/Seaboard Citizens National Bank Janaf Branch 5858 Virginia Beach Boulevard Norfolk, Va. Norfolk, Va. Independent City National 1-2U-59 /. 1-20-59 ^ 1-2-59 Banks converted into branches (See also Consolidations, absorptions, etc.) Fairfield County Trust Co. Stamford, Conn. Bethel Office Bethel, Conn. h26 Greenwood Avenue Fairfield County (Formerly Bethel National Bank) Ins.non. Wilmington, Del. Wilmington Trust Co. Milford, Del, Milford Branch Sussex County North Walnut & Northwest Front Streets (Formerly First National Bank & Trust Co.) Member Genesee Merchants Bank & Trustt'Oo. Flint, Mich. Flushing, Mich. Branch Office Genesee County 130 East Main Street (Formerly First State & Savings Bank) Member 1-5-59 1-30-59 1-2-59 Branch Office 122 East Main Street (Formerly Peoples State Bank) Flushing Mich. Genesee County 1-2-59 Ortonville Branch U South Street (Formerly State Bank of Ortonville) Orfonville, Mich, Oakland County 1-2-59 V - 9 - . Name and location of banks and branches Class of bank Date of change Banks converted into branches - (Cont'd) (See also Consolidations, absorptions, etc.) Newton County Bank Louin Branch (Formerly Peoples Bank) Newton, Miss. Louin, Miss. Jasper County Ins.non. Northern New York Trust Co. Adirondack Office (Formerly Adirondack National Bank & Trust Co.) Watertown, N. Y. Saranac Lake, N. Y. Franklin County Member Waterticrvm, N. Y. Watertown National Bank Lowville, N. Y. Lowville-Black River Office (Formerly Black River National Lewis County Bank) First Pennsylvania Banking & Trust Co. Huntingdon Valley Office 256b Huntingdon Pike (Formerly Huntingdon Valley Trust Co.) National Member Philadelphia, Pa. Huntingdon Valley, Pa. Montgomery County Monroe Security Bank & Trust Co, Stroudsburg, Pa. East Stroudsburg Branch East Stroudsburg, Pa* 93 Crystal Street . Monroe County (Formerly Monroe County National Bank) York National Bank & Trust Co. York, Pa. Wrightsville Branch Wrightsville, Pa. 13k Hellam Street York County (Formerly First National Bank) Ins.non. 12-31-58 1-26-59 1-26-59 1-5-59 1-26-59 National 1-28-59 Branches acquired by consolidation and discontinued Cleveland, Ohio Society National Benk Society for Savings in the City of Cleveland, Cleveland, Ohio was operating eleven branches at the same locations as branches of the Society National Bank of Cleveland. Upon consolidation^of these banks under the title of SocietyNational Bank of Cleveland, the branches previously operated by the Society for Savings were combined with those of The National Bank. National 1-2-59 Name and location of banks and branches Class of bank Date of change Branches discontinued American Trust Co, Cahill Building Branch San Francisco, Calif, 550 Kearny Street San Francisco, Calif, Member 1-19-59 ^American Commercial Bank East Fourth Street Branch Charlotte, N. C. Member 109 East Fourth Street Charlotte, N. C. 1-2-59 V/1>outh Carolina National Bank Bethune Branch Charleston, S. C. 37 Main Street Bethune, S. C. 1-2-59 National ^ Changes in name or location of branches Security-First National Bank Foothill and Rosemead Branch Moved from Moved to Los Angeles, Calif, National Pasadena, Calif. 3617 East Foothill Blvd. 3555 East Foothill Blvd. Bank of America, NaT. & S.A. * Fowler Branch Changed from Changed to San Francisco, Calif. Fowler, Calif. 7U2 Merced Street 203 Merced Street National 1-5-59 1-9-59 Fruitridge Manor Branch Moved from Moved to Sacramento, Calif. 5282 Fruitridge Road 57UU Stockton Blvd. 0 1-5-59 Logan Heights Branch Moved from Moved to and renamed — National-Sampson Branch San Diego, Calif. 2196 Logan Avenue 2209 National Avenue 1-26-59 Connecticut National Bank East Main Office Moved from Moved to Peoples Savings Bank North End Branch Name changed to Brookside Branch Bridgeport, Conn. Bridgeport, Conn. Burnom Avenue & East Main Street 98I East Main Street National Bridgeport, Conn. Bridgeport, Conn. Nonins. 1-17-59 l-lh-59 * This change is due to the renumbering of street and does not represent any change in the actual location. -11 - Class of bank Name and location of banks and branches Date of change Changes in name or location of branches,(Cont'd) Northern National Bank Fort Kent Office Moved from Moved to Presque Isle, Me. Fort Kent, Me. 81 Main Street 126 Main Street National Bound Brook Trust Co. Franklin Office Moved from. Moved to Bound Brook, N, J. Middlebush, N. J. 695 Hamilton Street Franklin Township New Brunswick* N. J. Member County Trust Co. New Milford Office Moved from Moved to Tenafly, N. J. New Milford, N. J, 856 River Road 810 River Road Member Albuquerque National Bank East Central Branch Moved from Moved to Albuquerque, N. Mex. National Albuquerque, N. Mex. U021 East Central Avenue WiOl Central Avenue, N. E. Endicott Trust Co. Vestal Branch Moved from Moved to Endicott, N. Y. Member Vestal, N. Y. 112 N. Main Street 1U8 Vestal Parkway East Chemical Corn Exchange Bank Chatham Square Office Moved from Moved to New York, N. Y. Member New York, N. Y. Worth Street & Park Row 178 Mott Street and 178-80 Canal Street Flushing Office Moved from Moved to Industrial National Bank Riverside Branch Moved from Moved to Union Planters National Bank Frayser Branch Moved from Moved to Flushing, N. Y. I4O23 Main Street 136-137 Roosevelt Avenue Providence, R„ I. East Providence, R.I. U52 Willett Avenue, Riverside h31 Willett Avenue, Riverside 1-1-59 1-26-59 12-22-58 1-19-59 1-12-59 12—8—58 National Memphis, Tenn. 12-9-58 National 1-16-59 3108 Highway 5l, North Frayser, Tenn 3130 Highway 5l, North Memphis, Tenn. 1-26-59 — 12 — Name and location of banks and branches Class of bank Date of change Changes in name or location of branches, (Cont'd) y%^Bank of Virginia Petersburg Office Movedf rom Moved to Richmond, Va. Member Petersburg, Va. lhk N. Sycamore Street 20 Franklin Street 1-6-59 Changes in name or location of facilities First National Bank of Arizona Phoenix, Ariz. Vincent Air Force Base Facility Yuma, Ariz. Name changed to Marine Corps Auxiliary Air Station Facility Bank of America, N.T. & S.A. U. S. Naval Air Missile Test Center Name changed to — U. S. Naval Missile Center National 1-1-59 San Francisco, Calif. Point Mugu, Calif. 1-1-59