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3513 COMPILATION IS DERIVED LARGELY FTiOM SECONTARY SOURCESf ^
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CONFIDENTS M 0 F E I C I A I t ^ O R T OF CHANGES IN THE BAKING.STRUCTURE.
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L.4.5
February" 23, 1951
CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JANUARY. 1951
i
Class of bank

Name and location of banks and "branches

Date of
change

New banks
(except successions and conversions)
Farmers & Merchants Industrial Bank Englewood, Colo.
Wakeeney, Kans.

Trego-Wakeeney State Bank

•"Orbisonia, Pa.

Community State Bank
/ / Peoples, Bank

Iva, S. C.

Noninsured

11- 1-50

Ins. Nonmem.

1-2-51

Ins. nonmem.

1-11-51

Ins. nonmem.

1- 2-51

North Augusta, S.C.

University State Bank

Ins. nonmem.

1-15-51

Fort Worth, Texas

f""North. Augusta Banking Co.

Ins. nonmem.

1-22-51

Noninsured

1- 2-51

Successions and conversions
Citizens State Bank
(Unincorporated bank)
Converted to -Citizens State Bank

Warner Robins, Ga.

First National Bank
Converted to —
First State Bank

Wilton, N. D.

Warner Robins,Ga.

Wilton, N. D.

Ins. nonmem.
National

1- 2-51

Ins. nonmem.

Voluntary liquidations
(except incident to absorptions, successions, etc.)
Second National Bank

St. Clairsvilie, Ohio National

1- 2-51

Consolidations, abosrptions, etc.
Bank of Conyers
Bank of Rockdale
These two banks consolidated
under charter and title of —
Bank of Rockdale

Conyers, Ga.
Conyers, Ga.
Conyers, Ga.

Ins. nonmem.
Ins. nonmem.

1- 2-51

Ins. nonmem.

Crawfordsville Trust Co.
Crawfordsville, Ind. Noninsured.
First National Bank
Crawfordsville, Ind. National
These two banks consolidated
under charter of First National
Bank and under title of —
First National Bank & Trust Co. Crawfordsville,Ind. National

1- 2-51

Indiana National Bank
Union Trust Co.
These two banks consolidated
under charter and title of —
Indiana National Bank

12-30-50




Indianapolis, Ind.
Indianapolis, Ind.

National
Ins. nonmem.

r . : I n d i a n a p o l i s , Ind.

National

Name and location of banks and tranches

Class of bank

Date of
change

Consolidations, absorptions, etc. (Cont'd)
Trego County State Bank
Wakeeney, ICans.
Wakeeney State Bank
Wakeeney, Kans.
These two banks were absorbed by -Trego-Wakeeney State Bank
Wakeeney, Kans.
Security Bank
Absorbed by -First National Bank

Louisville, Ky.

Brazeau Bank
Absorbed by —
Bank of Perryville

Brazeau, Mo.

First National Bank
North Fork Bank & Trust Co.
These two banks merged
under charter and title of -North Fork Bank & Trust Co.

Cutchogue, N. Y.
Mattituck, N. Y.

Louisville, Ky.

Perryville, Mo.-.

Mattituck, N. Y.

Providence National Bank
Providence, R. I.
Union Trust Company
Providence, R. I.
These two banks consolidated
under charter of Providence National Bank
and under title of —
Providence Union National Bank
.
& Trust Co.
Providence, R. I.

Ins. nonmem.
Ins. nonmem.

1- 2-51

Ins. nonmem.
Ins, nonmem.

1- 2-51

National
Ins. nonmem.

1-20-51

Ins. nonmem.
National
Ins. nonmem.

1-26-51

Ins. nonmem.
National
Member

1- 8-51

National

Admission of State bank to Federal Reserve membership
Bank of Pontiac

Pontiac, 111.

Noninsured

1-29-51

Member

1-15-51

Ins. nonmem.

1- 1-51

Louisiana Savings Bank & Trust Co. New Orleans, La.
Name changed to -Louisiana Bank & Trust Co.

Member

1- 2-51

First State Bank
Name changed to -Ravenna State Bank

Ravenna, Mich.

Ins. nonmem.

1-19-51

American Exchange National Bank
Name changed to —
American National Bank

St. Louis, Mo.

National

1-25-51

Changes in name or location
, Security Savings & Commercial Bank Washington, D. C.
Name changed to -Security Bank
Royal Industrial Bank
Name changed to —
Royal Bank




Louisville, Ky.

- 3 Name and location of banks and "branches

Class of bank

Date of
change

Changes in name or location (Cont'd)
Fishkill Savings Institute
Name changed to —
Fishkill Savings Bank

Fishkill, N. Y.

Ins. nonmem.

1- 1-51

Bank of Southwest Fargo
Name changed to-West Fargo State Bank

Southwest Fargo. N. D. Ins.nonmem.

1- 1-51

Richmond, Va.

Ins. nonmem.

1-19-51

Spokane, Wash.

Member

1-25-51

, South Richmond Bank
Name changed to —
Richmond Bank & Trust Co.
Washington Trust Co.
Name changed to -Washington Trust Bank

Branches established
(including branches at military and other government
establishments and banks converted into branches)
First National Bank of Arizona
Gilbert Branch
(De novo)

Phoenix, Ariz.
Gilbert, Ariz.

National

Security Bank
McRae Window
(Formerly Peoples Exchange)

Searcy, Ark.
McRae, Ark.

Ins. nonmem.

First National Trust & Savings Bank
College Center Branch
(De novo)

San Diego, Calif.
National
6011 El Cajon Blvd.

Colonial Trust Co.
Maryland Avenue Branch
(De novo)

Wilmington, Del.
901 Linden St.

Indiana National Bank
Union Branch
(Formerly Union Trust Co.)

Indianapolis, Ind.
National
120 East Market St.

12-30*50

First National Bank
Security Office
(Formerly Security Bank)

Louisville, Ky.
403 E. Market St.

1- 2-51

Wellesley National Bank
Wellesley Hills Office
(De novo)

Wellesley, Mass.
National
322-324 Washington St.

1-22-51

North Fork Bank & Trust Co.
Cutchogue Office
(Formerly First National Bank)

Mattituck, N. Y.
Cutchogue, N. Y.

1-29-51




1-22-51

1- 2-51

1- 2-51

Noninsured
10-26-50

, Ins. nonmem.

1
r

- 4 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)
Member

Federation Bank & Trust Co.
Grand Central Zone Office
(De novo)

New York, N. Y.
6 East 45th St.

Queens County Savings Bank
Little Neck Office
\
(De novo)

New York, N. Y.
Ins. nonmem.
251-31 Northern Blvd.
Little Neck, N. Y.

Lincoln National Bank & Trust Co.
De Witt Office
(De novo)

Syracuse, N. Y.
National
Comer of East Genes see St.
& Jamesville Road
De Witt N. Y.

- First-Citizens Bank & Trust Co.
Havelock Branch
(De novo)
North Side Branch
(De novo)
National City Bank
Shaker Square Branch
(De novo)

Smithfield, N. C.
Ins. nonmem.
Cherry Point, N. C.
Raleigh, N. C.
Cleveland, Ohio
National
2771 East 132nd St.

Providence Union National Bank
Providence, R. I.
National
& Trust Co.
Westminister Street Office
100 Westminister St.
(De novo; formerly head office of
Providence National Bank. This
bank consolidated with Union Trust Co.,
under new title of Providence Union
National Bank & Trust Co. and moved
to the former location of the Union
Trust Co.)
National Bank of South Dakota
South Branch
(De novo)

Sioux Falls, S. D.
National
2501 South Minnesota Avenue
South Sioux Falls, S. D.

West Side National Bank
East Side Branch
(De novo)

Yakima, Wash.
National
117 East Yakima Ave.

1- 3-51

1- 6-51

1- 2:-51

1-24-51
1-22-51

1-15-51

1- 8-51

1- 2*51

1-18-51

Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department "
Bank of America N. T. & S. A.
United States Naval Air Station
Facility




San Francisco, Calif. National
Los Alamitos, Calif.

1-15-51
1-30-51

- 5 Class of bank

Name and location of banks and branches

Date of
change

Branches acquired by absorption or purchase
Indiana National Bank
Indianapolis, Ind.
National
Security Branch
130 East Washington St.
Shelby Street Branch
2213 Shelby Street.
West Indianapolis Branch
1225 Kentucky Avenue
(Formerly branches of Union Trust Co.
Indianapolis, which consolidated with
Indiana National Bank)
Providence Union National Bank &
Trust Co.
Hopkins Square Branch
Olneyville Branch
E. Greenwich Branch

Providence, R. I.
National
568 Charles Street
38 Olneyville Square
200 Main Street
East Greenwich, R. I.
Arctic" Branch
5 Washington Street
West Warwick, R. I.
Woonsocket Branch
290 Main Street
Woonsocket, R. I.
(Formerly branches of Union Trust Co.
Providence, which consolidated with the
Providence National Bank under new title,
Providence Union National Bank & Trust Co.)

12-30-5)

1- 8-51

Changes in name or location of branches
Bank of America, N. T. & S. A.
*Broadway-Grand Branch
Changed from
Changed to

1- 2-51

Security-First National Bank
Oak Knoll Branch
Renamed
Lake and Colorado Branch
*Temple City Branch
Changed from
Changed to

Los Angeles, Calif. National
880 East Colorado St.
Pasadena, Calif.

1- 2-51

Detroit Bank
Gratiot-Westphalia Branch
Moved from
j Moved to
^

San Francisco, Calif. National
Oakland, Calif.
2200 Broadway
2250 Broadway

Detroit, Mich.

First National Bank & Trust Co.
Biltmore Branch
Moved from
Moved to
and renamed
Biltmore Office

Asheville,N. C.

Temple City, Calif.
2153 East Las Tunas Drive
9545 East Las Tunas Drive
Member

12851 Gratiot Avenue
12917 Gratiot Avenue
National

Plaza in Biltmore Section
91 Hendersonville Road, Biltmore

1- 2-51

1-15-51

1- 2-51

* These changes are due to renumbering of streets and do not represent changes
in the actual locations.




- 6 -

Name and location of "banks and branches

Class of bank

Date of
change

Changes in name or location of "branches (Cont'd)
Plantations Bank of Rhode Island
Olneyville Branch
Moved from
Moved to

Providence, R. I.

Ins. nonmem.

1-22-51

30 Olneyville Square
66l Broadway, Olneyville

Revisions of previous reports
The
Peoples Bank,
1950. Advice
Bank, Searcy,

statement covering the month of December 1950 reported that the
McRae, Arkansas was placed in voluntary liquidation on December 30,
has now been received that this bank was taken over by The Security
Arkansas and the date of change was January 2, 1951.

The statement covering the month of October 1946 reported that the
Keesler Field Facility operated by First National Bank of Biloxi, Biloxi,
Mississippi discontinued on September 30, 1946. Advice has now been received
that this facility was reestablished on June 16, 1949J and that during the period
September 30, 1946 to June 16, 1949 the office continued to operate as an
unauthorized branch.
The statement covering the month of May 1946 reported that the Finney
General Hospital Facility operated by Bank of Thomas County, Thomasville, Georgia
opened for business on May 22, 1946. Advice has now been received that it did
not reopen.




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