View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOUTHS.
NOT AN OFFICIAL REPORT OF CHANGES IN THE B A # f % G - 5 T R U ^ E g .

CONFIDENTIAL

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM.

L.k.5

; v: •
CHANGES H

February,'20, 195;

STATUS OF BANKS AND BRANCHES AS REPORTED DURING"JANUARY 1953

Name and location of banks and branches

Class
of bank

Date of
change

New banks
(except successions and conversions)
First State Bank

Oxford, Ala.

Member

1- 2-53

Mother Lode Bank

Placerville, Calif.

Ins.non.

1-26-53

State Bank & Trust Co.

Golden Meadow, La.

Ins.non.

1-17-53

Biwabik State Bank

Biwabik, Minn.

Ins.non.

1- 2-53

Belgian-American Bank & Trust Co.

New York, N. Y.

Nonins.

1- 2-53

American National Bank

Houston, Texas

National

1-24-53

Dairy State Bank

Rice Lake, Wis. .

Ins.non.

1- 2-53

Nonins.

1- 2-53

Successions and conversions
First Exchange Bank
(Unincorporated bank)
Converted to
Nicholls State Bank

Nicholls, Ga.

Citizens Banking Co.
(Unincorporated bank)
Succeeded by -Citizens Banking-Co.
(Unincorporated bank)

Sparks, Ga.

Woodruff Brothers Bank
(Unincorporated bank)
Converted to —
Woodruff State Bank -

De Witt, Mich.

Modern Industrial Bank
Converted to -Commercial State Bank & Trust Co.

New York, N. Y.




Nicholls, Ga.

Sparks, Ga.

De Witt, Mich.

New York, N. Y.

Ins.non.
Nonins.

10- 4-52

Nonins.

Nonins.

1- 2-53

Ins.non.
Ins.non.
Ins.non.

1- 2-53 •

2
Name and location of banks and branches

Class
of bank

Date of
change

Successions and conversions (Cont'd)
National Bank of Fairmount
Succeeded by —
Peoples State Bank
Farmers & Merchants Bank
(Unincorporated bank)
Converted to —
Farmers and Merchants Bank

/

Fairmount, N. D.

St. Marys, Pa.

Blackville Depository
Converted to —
Blackville State Bank

Blackville, S. C.

Fairmount, N. D.

St. Marys, Pa.

Blackville, S. C.

National

1- 2-53

Ins.non.
Nonins.

1- 2-53

Nonins.
Ins.non.

1- 2-53

Ins.non.

Voluntary liquidation
(except incident to absorptions, successions, etc.
Valdosta, Ga.

Commercial Bank
(Unincorporated bank)

Nonins.

12-5-52

Consolidations, absorptions, etc.,
Des Moines Bank & Trust Co.
Absorbed by —
Bankers Trust Co.

Des Moines, Iowa

Citizens National Bank
Absorbed by —
National Bank of Lancaster

Lancaster, Ky.

First National Bank
Joplin National Bank & Trust Co.
These two banks consolidated
under charter and title of —
First National Bank

Joplin, Mo.
Joplin, Mo.

North Jersey National Bank
Absorbed by —
First National Bank & Trust Co.

Pompton Lakes, N.

State Bank of Albany
Farmers National Bank
These two banks merged
under charter and title of -State Bank of Albany

Albany, N. Y.
Amsterdam, N. Y.




Des Moines, Iowa

Lancaster, Ky.

Joplin, Mo.

Paterson, N. J.

Albany, N. Y.

Ins.non.

1-19-53

Member
National

1- 2-53

National
National
National

12-31-52

National
National

1- 5-53

National
Member
National

Member

1-12-53

Class
of bank

Name and location of banks and branches

Date of
change

Consolidations, absorptions, etc. (Cont'd)
National

First National Bank
Absorbed by -First National Bank

New Concord, Ohio

First National Bank
Woodlawn Trust Co.
These two banks merged
under charter and title of —
Woodlawn Trust Co.

Aliquippa, Pa.
Aliquippa, Pa.

First National Bank
Absorbed by -Punxsutawney National Bank

Dayton, Pa.

Hanover Trust Co.
First National Bank
These two banks consolidated
under charter of First National
Bank of Hanover
and title of —
First National Bank & Trust Co.

Hanover, Pa.
Hanover, Pa.

Ins.non.
National

Hanover, Pa.

1- 2-53

National

Zanesville, Ohio

Aliquippa, Pa.

Punxsutawney, P a .

National
National
Member

1- 2-53

Member
National

' 1- 2-53

National

Farmers National Bank
Absorbed by —
First National Bank

Mercer, Pa.

First National Bank
Absorbed by -Second National Bank

Perryopolis, Pa.

National

Uniontown, Pa.

National

Columbia State Bank
Absorbed by —
Aberdeen National Bank

Columbia, S. D.

First National Bank
Strawn National Bank
These two banks consolidated
under charter of Strawn National
Bank and title of —
•
First Strawn National Bank

Mercer, Pa.

Aberdeen, S. D.
Strawn, Texas
Strawn, Texas

Strawn, Texas

National

1- 2-53

12-31-52

National

Member

1-19-53

1- 2-53

National
National
National

1- 2-53

National

Admission of State bank to Federal Reserve membership
Bank of Sturgeon Bay




Sturgeon Bay, Wis.

Ins.non.

1-15-53

-

k

-

Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or location
New First National Bank
Name changed to -First National Bank

Paragould, Ark.

National

1-27-53

American National Bank
Name changed to —
First National Bank

Alamosa, Colo.

National

1- 2-53

Peoples Savings Bank
Name changed to —
Peoples Bank & Trust Co.

Waterloo, Iowa

Ins.non.

1-23-53

Muskegon Savings Bank
Name changed to -Muskegon Bank

Muskegon, Mich.

Ins.non.

1-20-53

American State Bank
Name changed to —
Brentwood Bank

Brentwood, Mo.

Ins.non.

1- 2-53

First National Bank & Trust Co.
Name changed to -First National Bank

Montclair, N. J.

National

1-19-53

First National Bank & Trust Co.
Name changed to —
First National Bank

Sioux Falls, S. D.

National

1- 2-53

Branches established
(including branches at military and other Government
establishments and banks converted into branches)
Central Valley Bank
Newark Branch
(De novo)

Richmond, Calif.
Member
Dairy & Sycamore Sts.
Newark, Calif.

Connecticut Savings Bank
North Haven Branch
(De novo)

New Haven, Conn.
30 Broadway
North Haven, Conn.

Delaware Trust Co.
Penny Hill Branch
(De novo)

Wilmington, Del.
Ins.non.
814 Philadelphia. Pike




1- 6-53

Nonins.
1-14-53

l- 7-53

- 5 -

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)
/

Riggs National Bank
Trust Department Office
(De novo)

Washington, D. C.
1508 H Street, N. W.

Chesterton State Bank
Garyton Branch
• (De novo)

Chesterton, Ind.
11314 Central Ave.
Garyton, Ind.

Oaklandon State Bank
Lawrence Community Branch
(De novo)

Oaklandon, Ind.
Franklin Road &
Plummer St.
Lawrence, Ind.

Ins.non.

Fall River Trust Co.
Somerset Branch
(De novo)

Fall River, Mass.
1045 County St.
Somerset, Mass.

Member

Mechanics Savings Bank
South Hadley Branch
(De novo)

Holyoke, Mass.
Nonins.
40 Bridge Street
South Hadley, Mass.

City Bank
Oak Park Branch
(De novo)

Detroit, Mich.
Member
20950 Greenfield Road
Oak Park, Mich.

National Bank of Detroit
Grand River - Eight Mile Road Branch
(De novo)

Detroit, Mich.
National
27637 Grand River Ave.
Livonia, Mich.

1-15-53

First National Bank & Trust Co.
Paterson, N. J.
National
Pompton Lakes Office
115 Wanaque Ave.
. (Formerly North Jersey National Bank)
Pompton Lakes, N. J.

1- 5-53

State Bank
Amsterdam Branch
(Formerly Farmers National Bank)

Albany, N. Y.
49 East Main St.
Amsterdam, N. Y.

Member
1-12-53

Schenectady Trust Co.
Mayfair Branch
(De novo)

Schenectady, N. Y.
Mayfair, N. Y.

Member




National
1-12-53

1- 2-53

1-26-53

1-26-53

1- 5-53

12-31-52

1
vy

1-26-53

- 6

-

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 Trust & Deposit Co.
Mattydale Office
(De novo)

Syracuse, N. Y.
2917 Brewerton Road
Mattydale, N. Y.

Merchants National Bank & Trust Co.
Personal Loan Branch
(De novo)

Dayton, Ohio
National
13 South Jefferson St.

1-21-53

Richland Trust Co.
Butler Branch
(De novo)

Mansfield, Ohio
Butler, Ohio

1- 2-53

First National Bank
New Concord Branch
(Formerly First National Bank)

Zanesville, Ohio
New Concord, Ohio

1- 2-53

Woodlawn Trust Co.
West Aliquippa Branch
(Formerly First National Bank)

Aliquippa, Pa.
Aliquippa, Pa.

1- 2-53

Farmers National Bank of Bucks County
Fairless Hills Branch
(De novo)

Bristol, Pa.
National
254 Trenton Road
Fairless Hills, Pa.

First National Bank & Trust Co.
Temporary Branch
(De novo)

Hanover, Pa.
National
N. E. corner Centre Square

First National Bank
Farmers Branch
(Formerly Farmers National Bank)

Mercer, Pa.
North Pitt &
~ North Diamond Sts.

National

Pennsylvania National Bank & Trust Co.
Yorkville Branch
(De novo)

Pottsville, Pa>
1826 West Market St.

National

Punxsutayney National Bank
Dayton Branch
(Formerly First National Bank)

Punxsutawney, Pa.
Dayton, Pa.

National

Second National Bank
Perryopolis Branch
(Formerly First National Bank)

Uniontown, Pa.
Independence &
Liberty Sts.
Perryopolis, Pa.

National




I

Member
1-19-53

Member

1-12-53

1- 2-53

12-31-52

1-12-53

1-2-53

1-19-53

- 7 Class
of bank

Name and location of banks and branches

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
Middle Tennessee Bank
Garden Street Drive-In Branch
(De novo)

Member

Columbia, Tenh.
415 North Garden St.

1- 3-53

Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department
San Francisco, Calif.
National
Marine Corp Depot of Supplies,
Barstow, Calif.

Bank of American N. T. & S. A.
Barstow Annex Facility

San Diego, Calif.

U. S. Naval Station Facility
North Central Cafeteria Facility
First National Bank
Selfridge Air Force Base

1- 2-53
1-19-53

Mare Island,
Vallejo, Calif.
Mount Clemens, Mich.
Selfridge Air Force
Base, Mich.

1- 9-53
National
12- 8-52

Branch acquired by absorption or purchase
Bankers Trust Co.
Grimes Branch
(Formerly branch of Des Moines
Bank & Trust Co., Des Moines,
Iowa, which was absorbed by
Bankers Trust Co.)

Des Moines, Iowa
Grimes, Iowa

Member
1-19-53

Branch discontinued
San Francisco, Calif.
2 k North Sutter St.
Stockton, Calif.

American Trust Co.
Stockton Office

Member
1-19-53

Changes in name or location of branches
American Trust Co.
First Stockton Office
Renamed
Stockton Office

San Francisco, Calif.
Stockton, Calif.

Member

Bankers Trust Co.
Montague Street Office
Moved from
Moved to

New York, N. Y.

Member




1-19-53

1-12-53
203 Montague Street
205-209 Montague Street