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TE S COMPILATION IS D1BIVED LARGELY FROM SECONDARY SOURCES. NO" A%A4##%Ad9@&POR' OF CHA1IGES IN T H E J g r a G ^RUCTURE. ^ F. R. CONFIDENTIAL FEDEHiii. r.UJ/nva BANK OF RICHMOND BOARD OF GOVERITORS CP THE FEDERAL RESERVE SYSTM L.4.5 February 28, 1962 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JA$$ARK3.962 Name and location of banks aiad branches Class of bank Date of change New Banks (Except successions and conversions) First State Bank San Leandro, Calif. Alameda County Ins. non. 1- 2-62 Central Plaza Bank St. Petersburg, Fla. Pinellas County Ins. non. 1- 3-62 Hawthorne Bank Wheaton, H I . DuPage County Ins. non. 1- 6-62 Ins. non. 1- 2-62 Ins. non. 1-29-62 Citizens State Bank of Lyon County New EdflyviUe, Ky. Iyon County (Primary organization incident to a consolidation) Industrial City Bank & Trust Co.,Worcester, Mass. Worcester County (Primary organization incident to a merger) Peoples Bank Cheraw, S. C. Chesterfield County Ins. non. 1-12-62 t-"/i Gateway National Bank Fort Worth, Tex. Tarradt County National 1- 2-62 | Southside State Bank Houston, Tex. Harris County Ins. non. 1-10-62 jj The First State Bank Fremont, Texas Jim Wells County Nonins. 1- 2-62 Valley-Hi National Bank San Antonio, Tex. Bexar County National 1- 8-62 National 1-23-62 Sucoeajions and Conversions Hillsdale Rational Bank Converted to — Fascack Valley Bank & Trust Co. Hillsdale, N. J. Hillsdale, N. J. Ins. non. 'i -2- Name and location of banka and branches Class of bank Date of change Consolidations, Absorptions, Etc. First national Absorbed by — First National Bank Juneau, Alaska Anchorage, Alaska Wells Fargo Bank American Trust Co. San Francisco, Calif. Farmers & Merchants Nat. Santa Cruz, Calif. Merged under the charter and title of — Wells Fargo Bank American Trust Co. San Francisco, Calif. First State Bank Citizens Bank Consolidated under new charter and title of — Citizens State Bank of Iyon County- Eddyville, Ky. Kuttawa, Ky. New Eddyville, Ky. Greylock National Bank Mass. North Adams Trust Co. North Adams, Mass. Berkshire Housatonic Trust Co, Pittsfield, Mass. Merged under charter of — Berkshire Housatonic Trust Co. and title of — Berkshire Bank & Trust Co. Pittsfield, Mass. North Adams Savings Bank Hoosac Savings Bank Merged under charter of — North Adams Saving Bank and title of — North Adams Hoosac Savings Bank North Adams, Mass. North Adams, Mass. North Adams, Mass. Peoples National Bank Soruthbridge, Mass. Guaranty Bank & Trust Co. Worcester, Mass. Merged under charter and title of — Guaranty Bank & Trust Co. Worcester, Mass. National 1-15-62 National National 1- 2-62 Ins. non. 1- 2-62 Ins. non. Ins. non. National 1- 2-62 Ins. non. Ins. non. Ins. non. Nonins. Nonins. 1-15-6; Nonins. National 1- 2-62 Ins. non. Ins. non. -3Class Date of of bank change Name and location of hanks aiad branches Consolidations, Absorptions, Etc. (Cont'd) Industrial City Bank & Banking Co. Industrial City Bank & Trust Co. Merged under charter and title of — Industrial City Bank & Trust Co. Worcester, Mass. Ins. non. 1-29-62 Worcester, Mass. Ins. non. Worcester, Mass. 1-31-62 c.b. Elyria, Ohio Wellington, Ohio Member Member 1- 2-62 Elyria, Ohio Member Arcade, N. Y. Delevan, N. Y. Elyria Savings & Trust Co. First Wellington Bank Consolidated under the charter and title of — Elyria Savings & Trust Co. Arcade, N. Y. Norwood-Hyde Park Bank & Norwood, Ohio Trust Co. Absorbed "by — Fifth Third Union Trust Co. Cincinnati, Ohio First National Bank of S. C. Summerville TfcmV Merged under charter and title of — First national Bank Ins. non. Member Member Citizens Central Bank Bank of Delevan Merged under charter arid title of — Citizens Central Bank Member 1-22-62 Columbia, S. C. Summerville, S. C. National Ins. non. 1-22-62 Columbia, S. C. National First & Merchants National Bank, Richmond, Va. Petersburg Savings & American Trust Co. Petersburg, Va. Merged under the charter and title of — First & Merchants Rational Bank Richmond, Va. National 1- 2-62 Member National Change in Title or Location of Banks Beverly Hills National Bank Beverly Hills, Calif. & Trust Co. Title changed to — Beverly Hills National Bank National 1-19-62 / Date of Class of "bank change and location of b^nka unfl "branches Change In Title or Location of "Banks (Cont'd) 1-31-62 Wells Fargo Bank American Trust Co., San Francisco, Calif. Title changed to — Wells Fargo Bank Broomfield Heights Bank Title changed to — Broomfield Bank Broomfield Heights, Colo. Bank of Ferrine Title changed to — Perrine-Cutler Ridge Bank Perrine, Fla. Consumers National Bank Title and location changed to — First National Bank Chicago, H I . Farmers-Citizens State Bank Title changed to — Farmers-Citizens Bank Ins. non. 1-19-62 1-30-62 National 1- 2-62 Salem, Ind. Ins. non. 1-26-62 American Trust Company Title changed to — American Bank & Trust Co. South Bend, Ind. Ins. non. 1- 9-62 Fidelity Savings State Bank Title changed to — Fidelity State Bank Topeka, Kan. Wilmington Bank & Trust Co. Title changed to — Commercial Bank & Trust Co. Wilmington, Mass. Ins. non. 1-18-62 Hastings National Bank Title changed to — Northwestern National Bank Hastings, Minn. National 1- l-i Security-Mutual Bank & Trust Co. Title changed to — Security Trust Company St. Louis, Mo. Long Island National Bank of Hicksvilla Title changed to — Long Island National Bank Lincolnwood, H I . Hicksville, N. Y. 1- 9-62 1-18-62 National 1-15-6 •5Class of bank Name and location of banks and branches Data of change Change in Title or Location of Banks (Cont'd) The First National City Bank of New York Title changed to — First National City Bank New York, N. Y. National 1-19-62 The Commercial of Salem Title changed to — The Commercial Bank Salem, Ore. Ins. non. 1-22-62 Wayne County Savings Bank Title changed to — Wayne County Bank and Trust.Company Hbnesdale, Pa. Member 1-22-62 Farmers State Bank Title changed to — Citizens state Georgetown, Tex. Ins. non. 1- 5- Admission of State Russiaville State Bank to Federal Reserve Membership Russiaville, Ind. Howard County Ins. non. 1-19-62 Withdrawal of State "Pn-nk from Federal Reserve Membership Panhandle State Bank Borger, Texas Insurance 1- 2-62 continued Branches Established de novo (includes branches at military and other Government establishments) Birmingham Trust National Bank Medical Center Office 900 South 19th Street Birmingham, Ala. Birmingham, Ala. Jefferson County National Citizens Bank Tellers Window Church & Jackson Streets Jonesboro, Ark. Jonesboro, Ark. Craighead County Ins. non. United California Bank El Centre Office 801 Main Street Laguna Beach Office 222 Ocean Avenue Los Angeles, Calif. El Centre, Calif. Imperial County Iflguna Beach, Calif. Orange County 1-25-62 1-15-62 Member 1-19-62 1-12-62 -6- Nains and location of "banks and breaches Class Date of of bank change Branches Established de. novo (Cont'd) (includes branches at military and other Government establishments) San Diego Trust & Savings Bank La Jolla Branch 7606 Girard Street San Diego, Calif. La Jolla, Calif. San Diego County Ins. non. Bank of America, N.T. & S.A. Third and "K" Branch 601 Third Avenue San Francisco, Calif. Chula Vista, Calif. San Diego County National Bank of California, N.A. Pleasant Hill Office 2200 Contra Costa Highway San Francisco, Calif. Pleasant Hill, Calif. Contra Costa County National Chesterton State Bank Portage Branch 111 Melton Road, U.S. #20 Chesterton, Ind. Portage, Ind. Porter County Member Citizens State Bank Auto Bank 117 S. Jefferson Street Hartford City, Ind. Hartford City, Ind. Blackford County Member First National Bank North Side Branch 1601 North Davis Road Kokomo, Ind. Kbkomo, Ind. Howard County National Napoleon State Bank Holton Branch Napoleon, Ind. Bolton, Ind. Ripley County Ins. non. First Bank & Trust Co. Twyckenham Branch Lincoln Way East & Twyckenham Drive South Bend, Ind. South Bend, Ind. Member Ames Trust & Savings Bank Parking Lot Office 307 Fifth Street Ames, Iowa Ames, Iowa Story County City National Bank Florida Boulevard Branch Jk-Jk Florida Boulevard Baton Rouge, La. National Baton Rouge, La. Bast Baton Rouge Parish Bank of St. John LaPlace Branch Reserve, La. Ins. non. LaPlace, La. 1- 2-62 St. John the Baptist Parish Depositors Trust Company Winslow Branch 21 Benton Avenue Augusta, Me. Winslow, Me. Kennebec County 1- 2-62 1- 5-62 1-12-62 12-22-61 10-31-61 1-24-62 1- 3-62 12-28-61 St. Joseph County Member Member 1-22-62 1-23-62 1- 8-6 Name and location of banks and branches I Class Date of 1 of bank Change Branches Established de novo (Cont'd) (includes branches at military and other Government establishments) / Federal Trust Co. Winslow Office China Road Waterville, Me, „ Winslow, -Me. Kennebec County Ins. non. American National Bank Bethesda Office 7900 Wisconsin Avenue Silver Spring, Md. Bethesda, Md. Montgomery County National First National Bank Triangle Office Zk-3 Triangle Street Amherst, Mass. Amherst, Mass. Hampshire County National Bay State Merchants National Bank Lawrence, Mass. Methuen, Mass. Methuen Office Essex County 50 Haverhill Street National Bass River Savings Bank Dennis Port Office Main Street South Yarmouth, Mass. Dennis Port, Mass. Barnstable County Nonins. Backley Union National Bank & Trust Co. Clay Avenue Drive-In Branch 220 d a y Avenue Muskegon, Mich. Muskegon, Mich. Muskegon County National Traverse City State Bank Eastfield Branch 1034 East Eighth Street Traverse City, Mich. Traverse City, Mich. Grand Traverse County Member Highland Park, N.J. First National Bank Edison, N. J. Edison Office Annex Middlesex County Shepard Place & Lincoln Highway National Endicott, N. Y. Endicott Trust Company West Corners, N. Y. West Corners Office Broome County 1103-Union Center Maine Highway Member Chase Manhattan 135th Street and Fifth Ave. Branch 2218 Fifth Avenue New York, N. Y. Oystermen's Bank & Trust Co. - Bayport Branch Montauk Highway & Gillette Avenue Sayville, N. Y. Bayport, N. Y. (Town of Islip) Suffolk County 1-22-62 1-22-62 1-10-62 1-19-62 1-18-62 1-17-62 12-18-61 1-15-62 11- 6-6l Member New York, N. Y. Borough of Manhattan 1- 6-62 Member 1-31-62 *8- Name and location of "banks and branches Class Date of of "bank change Branches Established de novo (Cont'd) (includes brannhea wh mi 11 -hq-ny AnA rvhhfyrflnvg-rnTngnfrftfl-habUflhrogrvt-.g) First-Citizens Bank & Trust Co. Gastonia Branch Smithfield, N. C. Gastonia, N. C. Gaston County Ins. non. Huntington National Bank Lane Avenue Branch 1531 West Lane Avenue Columbus, Ohio Upper Arlington, Ohio Franklin County National Citizens National Bank Seventh Avenue Branch 1011 Seventh Avenue Beaver Falls, Pa. Beaver Falls, Pa. Beaver County National Fogelsville National Bank Wescoe Branch Main Street Fogelsville, Pa. Wescosville, Pa. Lehigh County National Bank of Alpena Wolsey Branch Alpena, S. D. Wolsey, S. D. Beadle County Ins. non. Merchants State Bank Twenty Second Ave. Branch Vine Street & Twenty Second Avenue Humboldt, Tenn, las. non. Second National Bank Bemis Branch 1430 Henderson Highway Jackson, Tenn. Bemis, Tenn. Madison County Commerce Union Bank Thompson Lane Office 600 Thompson Lane Nashville, Tenn. Nashville, Tenn. Davidson County Third National Bank Belle Meade Office 4304 Harding Road Nashville, Tenn. Nashville, Tenn. Davidson County National Garland State Bank Garland Branch Garland, Tex. Garland, Tex. Dallas County Ins. non. State Bank of KLngsville Branch Kingsville, Tex. KLngsville, Tex. Kleberg County Ins. non. Humboldt, Tenn, Gibson County 1-17-1 1- 2-62 1-11-62 1-22-62 1-22-62 1- 6-62 National 1- 8-62 1- 4-6: 1- 4-62 4-20-59 7-21-61 -9Class Date of of bfmfr change and location of bAnkm and br*»^hes Branches Established, de novo (Cont'd) (includes branches at military an# other Government establishments) Bountiful State Bank Centerville Branch Bountiful, Utah Centerville, Utah Davis County Chittenden Trust Co. Shopping Center Office Seaway Shopping Center Shelburne Road Burlington, Vt. South Burlington, Vt. Chittenden County Mount Vernon Bank & Trust Co. Beacon Hill Branch 1969 Richmond Highway Alexandria, Va. Fairfax County, Va. Ins. non. 1- 8-62 1-22-62 1-27-62 ' First National Bank Army-Navy Drive Branch 350 Army-Navy Drive Arlington, Va. Arlington, Va. Arlington County National /Citizens National Bank Chantilly Branch Herndon, Va. Chantilly, Va. Fairfax County National /Peoples National Bank & Trust Co. Wards Read Branch 2201 Wards Road Lynchburg, Va. Iynchburg, Va. Independent City National ^Wythe County National Bank Drive-In Branch Third & Monroe Streets Wybheville, Va. Vfytheville, Va. Wythe County National Farmers & Merchants Bank Valley Branch 10808 East Sprague Rockford, Wash. Opportunity, Wash. Spokane County Member Bank of Yakima Summitry lew Branch 4l06 Summitview Avenue Yakima, Wash. Yakima, Wash. Yakima County Ins. non. ^ I 1-15-62 ^ 1-15-62 I 1-25-62 I. 1- 8-62 1-20-62 1-22-62 TfanicR Converted into Branches (See also Consolidations, Absorptions, etc.) First National Bank Juneau Branch (Formerly First National Bank) Anchorage, Alaska Juneau, Alaska First Judicial District National 1-15-62 t —10" Name and location of "banks and branches Class Date of of "bank change Banks Converted into Branches (Cont'd) (See also Consolidations, Absorptions, etc.) Wells Fargo Bank American Trust Co. Santa Cruz Office (Formerly Farmers & Merchants National Bank) San Francisco, Calif. Santa Cruz, Calif. Member 1- 2-62 Citizens State Bank of lyon County, New Eddyville, Ky. Eddyville Branch Eddyville, Ky. (Formerly First State Bank) I<yon County Kuttawa Branch (Formerly Citizens Bank) 1- 2-62 Kuttawa, Ky. Iyon County 1- 2-62 North Adams Hoosac Savings Bank North Adams, Mass. Nonins. 86 Main Street* North Adams, Mass. 1-15-62 Berkshire County (Formerly North Adams Savings Bank) *This office will "be operated as a "branch until such time as accommodations can be provided for the full staff at the main office of the continuing bank. Berkshire Bank & Trust Co. Pittsfield, Mass. Adams Office Adams, Mass. 18 Center Street Berkshire County (Formerly Greylock National Bank) Ins. non. Berkshire Bank & Trust Co. Pittsfield, Mass. North Adams Office North Adams, Mass. 78 Main Street Berkshire County (Formerly North Adams Trust Co.) Ins. non. Guaranty Bank & Trust Co. Worcester, Mass. Southbridge Office Southbridge, Mass. 327 Main Street Worcester County (Formerly Peoples National. Bank) Ins. non. 1- 2-62 1- 2-6: Citizens Central Bank Delevan Office (Formerly Bank of Delevan) Arcade, N. Y. Delevan, N. Y. Cattaraugus County Member Fifth Third Union Trust Co. The Norwood Branch 4624 Montgomery Road (Formerly Norwood-Hyde Park Bank & Trust Co.) Cincinnati, Ohio Norwood, Ohio Hamilton County Member 1- 2-62 1-31-62 c.b. 1-22-6: Class Date of of "bank change game and location of "banks and "branches "RpltiVr Converted into Branches (Cont'd) (See also Consolidations, Absorptions, etc.) The EELyria Savings & Trust Co. EELyria, Ohio First Wellington Bank Branch Wellington, Ohio (Formerly First Wellington Bank) Lorain County x 1- 2-62 First National Bank Suramerville Branch 126 South Main Street (Formerly Summerville Bank) Columbia, S. C. Summerville, S. C. Dorchester County National First & Merchants National Bank Petersburg Savings Branch 150 H. Sycamore Street (Formerly Petersburg Savings & American Trust Co.) Richmond, 7a. Petersburg, Va. Independent City National 1-22-62 1- 2-62 Branches Acquired "by Consolidation, Absorptions, etc. First National Bank Acquired through merger and will operate the two branches formerly operated by First National Bank, Juneau, in the First Judicial District. Anchorage, Alaska Wells Fargo Bank American San Francisco, Calif. Trust Co. Acquired through merger and will operate the branch formerly operated by Farmers & Merchants National Bank, Santa Cruz, in Santa Cruz County, Guaranty Bank & Trust Co. Acquired through merger and will operate the branch formerly operated by Peoples National Bank, Southbridge in Worcester County. Member Worcester, Mass. Industrial City Bank & Trust Co. Worcester, Mass. Acquired through merger and will operate the two branches formerly operated by Industrial City Bank and Banking Company, Worcester, in Worcester County. National 1-15-62 1- 2-62 1- 2-62 Ins. non. 1-29-62 -12- Name and location of "banks and "branches Date or Class of "bank change Branches Acquired, by Consolidation, Absorptions, etc. (Cont'd) Fifth Third Union Trust Co. Acquired through absorption and will operate the branch formerly operated by NorwoodHyde Bark Bank & Trust Co., Norwood in Hamilton County. Cincinnati, Ohio First & Merchants National Parte Richmond, Va. Acquired through merger and will operate the six branches formerly operated by Petersburg Savings & American Trust Co., Petersburg, two in Hopewell, two in Colonial Heights, and two in Petersburg. Merit 1-22-62 National 1- 2-62 Changes in Title or Location of Branches Citizens National Bank Eastern-Sheila Office Changed from Changed to Rossmoor Office Moved from Moved to First Western Bank & Trust Co. Westwood Village Office Moved from Moved to Los Angeles, Calif. National 1-12-62 Los Angeles County> Calif. 2559 S. Eastern Avenue, Los Angeles County 2559 S. Eastern Avenue, City of Commerce 1-12-62 Los Alamitos, Calif. 12131 Los Alamitos Boulevard 12331 Los Alamitos Boulevard Los Angeles, Calif. Ins. non. Los Angeles, Calif. 1-29-62 1037 Broxton Avenue 10929 Wilshire Boulevard Pinole Office Moved from Moved to Pinole, Calif. 2361 San Pablo Avenue 77 Tennent Avenue 1-22-62 San Francisco Main Office Moved from Moved to San Francisco, Calif. 235 Montgomery Street 201 Montgomery Street 1- 2-62 San Diego, Calif. United States Rational Bank Buena Park Office Buena Park, Calif. 63OI Grand Avenue Changed from 63OI Beach Boulevard Changed to (Change due to renaming of street) National 1-24-62 -13Phttia and location of banks and branches Class Date of of b*%nt change Changes in Title or Location of Branches (Cont'd) Bank of America, N.T. & S.A. San Francisco, Calif. U.S. Naval Missile Center Facility Point Mugu, Calif. Name changed to — Pacific Missile Range Facility) (No change in location) National 1- 1-62 Connecticut National Bank North End Office Moved from Moved to Bridgeport, Conn. Bridgeport, Conn. 2481 Main Street 2500 Main Street National National Savings & Trust Co. Cathedral Office Moved from Moved to Washington, D. C. Membe Washington, D. C. 3715 Newark Street, N. W. 3440 Wisconsin Avenue, N. W. 1-15-62 1-22-62 Fulton National Bank Atlanta, Ga. National Candler Building Office Atlanta, Ga. 1-22-62 Moved from 127 Feachtree St.,N. E. Moved to l6l Feachtree St., N. E. and renamed — l6l Feachtree St. Office Harundale Mall Office Moved from Moved to Baltimore, Md. Glen Burnie, Md. 428 Harundale Mall 210 Harundale Mall Equitable Trust Company Baltimore, Md. Reisterstown Road Plaza Branch Baltimore, Md. Moved from 6759 Reisterstown Road Moved to 6835 Reisterstown Road non. Ins. non. , / r 1- 8-62 ^ fk I 1-18-62 National Bank Mack-Moross Road Office Moved from Moved to Detroit, Mich. National Grosse Pointe Farms, Mich. 1- 8-62 19100 Mack Avenue 460 Moross Road Union Bank & Trust Co. Leonard-Walker Office Moved from Moved to Grand Rapids, Mich. Member Walker Township, Mich. 1649 Leonard Street, N. W. 1629 Leonard Street, B. W. 1-22-62 -14Name and location of banks and "branches Class of "b^nk Changes in Title or Location of Branches (Cont'd) National of Commerce Trust & Savings Assoc. Patio Office Moved from Moved to Lincoln, Neb. Lincoln, Neb. P Street 1000 0 Street Rational 1- 2-62 Central State Bank Brooklyn (N.Y.C.), N. Y. Ins. non. Borough Hall Office Brooklyn (N.Y.C.), N. Y. 12-29-61 Moved from 32 Court Street Moved to 1622 Pitkin Avenue (Branch in former location of head office which moved to 32 Court Street in an interchange of branch and head office locations) Franklin National North Lindenhurst Office Moved from Moved to Mineola, N. Y. National North Lindenhurst, N. Y. 50 East Sunrise Highway 120 East Sunrise Highway Cleveland Trust Co. Windmere Branch Moved from Moved to and renamed Euclid.-Windmere Branch Cleveland, Ohio East Cleveland, Ohio 14312 Euclid Avenue 14501 Euclid Avenue Member Farmers National Tforik & Trust Co. Boyertown, Pa. National Boyertown Plaza Branch Douglass Township, Pa. East Philadelphia Avenue Moved from & Douglass Street Moved to 817 East Fourth Street 1-20-62 12-18-61 1- 8-62 Bridgeville National Bank Crossroads Branch Moved from Moved to Bridgeville, Pa. National 12-14-61 Peters Township, Pa. 220 South Washington Road 100 North Washington Road Johnstown Cambria Moved Moved Johnstown, Pa. Johnstown, Pa. 311 Broad St. 510-516 Broad St. Ins. Providence, R. I. Providence, R. I. 146 Westminster St. 49 Westminster St. Member Bank & Trust Co. City Branch from to Rhode Island Hospital Trust Co. Instalment Loan Dept. Moved from Moved to 1-29-62 1-22-62 -15Name aiid location of banks and branches Class Date of of bank change Changes in Title or location of Branches (Cont'd) Falls Church Bank West Falls Church Branch Moved from Moved to Falls Church, Va. Falls Church, Va. 1075 West Broad Street 1224 West Broad Street Ins. non. National Bank of Commerce Pomeroy Branch Moved from Moved to Seattle, Wash. Pomeroy, Wash. 850 Main Street 805 Main Street National 1-26-62 1-22-62 Banking Facility Established at Military and Other Government Establishments Through Arrangements Made by Treasury Department National Bank of Washington Limited Banking Facility Tacoma, Wash. North Fort Lewis, Wash. Pierce County National 1- 2-62 Change in Banking Facility First National Bank Odon, Ihd. National Naval Ammunition Depot-Facility Crane, Did. 1- 1-62 (This facility converted from a part time check-cashing facility to a full time banking facility) •
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