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CONFIDENTIAL J M g ? f Jg 7 " " USSAW ~ BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM ? "i T ^ \ b deral RESr , 1 L.1+.5 "THIS' dOMpMTION IS DERIVED LARGELY FROM SECONDARY SOURCE?. ^ s S u a r y 15, 19^7 NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE-' CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING DECEMBER 191*6 Name and l o c a t i o n of banks and branches Class of bank D&te of change National Ins. nonmem. I n s . nonmem. I n s . nonmem. 12—28-1+6 12-9-U6 12-16-1+6 12- 11+-1+6 Member 12-20-1(6 New banks (except successions and conversions) Alhambra,. C a l i f . W n c h , Nebr, Memphis, Tenn. Fort Worth," Texas . Valley National Bank ' Nebraska S t a t e Bank T r i - S t a t e Bank • R i v e r s i d e S t a t e Bank Successions ahd conversions Birmingham Trust & Savings Co. Converted to— Birmingham Trust N a t ' l Bank Birmingham, Ala. F i r s t S t a t e Bank Converted to— F o r e s t Park National Bank F o r e s t Park, 111. Putnam County S t a t e Bank Succeeded by— Putnam County Bank Hennepin, 111. Edisto Cash Depository Converted to— Edisto Bank Denmark, S. C. L i b e r t y S t a t e Bank Converted to— National C i t y Bank D a l l a s , Texas Birmingham, Ala. F o r e s t Park, 111. Hennepin, 111. Denmark, S. C. . D a l l a s , Texas National Member 12-2-1+6 •' . National Ins. nonmem. 12-9-1+6 Uninsured Ins. nonmem. 12-2-1+6 Ins.. nonmem. Member 12-30-1+6 National Voluntary l i q u i d a t i o n s (except i n c i d e n t to a b s o r p t i o n s , s u c c e s s i o n s , e t c . ) Farmers Bank Me m a , Nebr. Ins. nonmem. j. 1-3 0-1+6 Consolidations, absorptions, etc; Columbia National Bank Absorbed by— American S e c u r i t y & Tr. Co. Washington, D. C. . Bank of Kirkmansville Absorbed by— P l a n t e r s Bank & Trust Co. Kirkmansville, Ky. Washington, D. C. H o p k i n s v i l i e , Ky. National 12^2-1+6 Member Ins. nonmem. Member 12-9-U6 11 , - 2 - Name and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Consolidations, absorptions, etc. - Cont'd F i r s t N a t i o n a l 5 Bank Absorbed by— Hudson T r u s t Co. Union C i t y , N. J . Bank of A t t i c a Marine T r u s t Co. These two banks c o n s o l i d a t e d under c h a r t e r and t i t l e o f — Marine T r u s t Co. A t t i c a , N. Y. B u f f a l o , N. Y. Union T r u s t Co. Marine Midland T r u s t Co. These two banks c o n s o l i d a t e d under c h a r t e r and t i t l e o f — Marine Midland T r u s t Co. E n d i c o t t , N Y. Binghamton, N. Y. N a t i o n a l Bank of New B e r l i n N a t i o n a l Bank & T r u s t Co.. These "bro banks c o n s o l i d a t e d . under c h a r t e r and t i t l e o f — N a t i o n a l Bank & T r u s t Co. New B e r l i n , N. Y. Norwich, N. Y. National National Norwich, N. Y. National M i d - C i t y Bank & T r u s t Co. Absorbed by— Broad S t r e e t T r u s t Co. P h i l a d e l p h i a , Pa. Union C i t y , N. J . National 12-16-1+6 I n s . nonmem. Member Member 12-2-1+6 Member Member 12-30-1+6 B u f f a l o , N. Y. Binghamton, N. Y. P h i l a d e l p h i a , Pa. Columbia N a t i o n a l Bank Dayton, Wash. F i r s t N a t i o n a l Bank Walla W a l l a , Wash. These two banks were absorbed by— S e a t t l e - F i r s t N a t i o n a l Bank S e a t t l e , Wash. Member I n s . nonmem. 12-23-1+6 12-9-1+6 I n s . nonmem. National National 12-16-1+6 12-16-1+6 National Admissions of S t a t e Banks t o F e d e r a l Reserve membership Farmers & Stockmens Bank Bank of C l a r e n c e Columbia S t a t e ' Bank X. F i r s t S t a t e Bank - Farmers Bank • ^ - F a r m e r s & Merchants S t a t e Bank V a l i e r , Mont.. C l a r e n c e , N. Y. . Columbia, S. D. Warner, S. D. Di n wi d d l e , Va. F r e d e r i c k s b u r g , Va. Uninsured I n s . nonmem. I n s . nonmem. I n s . nonmem. I n s . nonmem. I n s . nonmem. 12-30-1+6 12-26-1+6 12-30-1+6 12-30-1+6 12-30-1+6 12-20-1+6 Withdrawals of S t a t e banks from F e d e r a l Reserve membership "MJnion T r u s t Co. C i t i z e n s S t a t e Bank Washington, D. C. F a i r P l a y , Mo. Ins. cont'd Ins. cont'd 12-31-1+6 12-21+-1+6 - 3 Name and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Changes i n name o r l o c a t i o n W. B. Worthen Co. Name changed to— Worthen Bank & T r u s t Co. L i t t l e Rock, Ark. Member 12-31-1+6 Morris P l a n Bank Name changed t o — C h a r t e r Bank P h i l a d e l p h i a , Pa. I n s . nonmem. 12-30-I+6 Branches e s t a b l i s h e d (excluding o f f i c e s a t m i l i t a r y reservations but-including banks c o n v e r t e d i n t o b r a n c h e s ) t V a l l e y N a t i o n a l Bank W i l l e t t a & F i r s t S t r e e t Branch (De novo) Phoenix, A r i z . ll+OO North F i r s t S t . - National S e c u r i t y - F i r s t N a t i o n a l Bank Bixby Knolls Branch (De novo) V e n t u r a & Sepulveda Branch (De novo) Los A n g e l e s , C a l i f . 1+306 A t l a n t i c Av% Long Beach, C a l i f . 15165 V e n t u r a Blvd. Sherman Oaks, C a l i f . National San F r a n c i s c o , C a l i f . 11220 Long Beach Blvd. Lynwood, C a l i f I 1121 Alhambra Blvd. Sacramento, C a l i f . National , Bank of America, N. T. & S. A, Lynwood Branch (De novo) ' Alhambra Boulevard Branch (De novo) Lerican S e c u r i t y & T r u s t Co. Washington, D. C. Columbia Branch 9 1 1 F S t r e e t , N. W. ( F o r m e r l y Columbia N a t ' l Bank) 12-16-1+6' 12-234+6 12-23-I+6 12—16—1+6 12-30-1+6 ' Member * N a t i o n a l Shavemut Bank A i r p o r t Branch (De novo) B o s t o n , Mass. National Logan I n t e r n a t i o n a l A i r p o r t E a s t Boston, Mass. I n d u s t r i a l National Bank-Detroit K e l l y W h i t t i e r Branch (De novo) D e t r o i t , Mich. • 11700 W h i t t i e r F i r s t N a t i o n a l Bank & T r u s t Co. Parchment Branch (De novo) Kalojnazoo, Mich. ' 151 North R i v e r s i d e Dr. P a r c h m e n t , Mich. American S t a t e Bank ^ Michigan Avenue Branch (De novo) L a n s i n g , Mich. 2033 E. Michigan Ave. 12-2-1+6 12-30-1+6 12-16-1+6 9-30-1+6 Member 12-16-1+6 j • k - Name and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Branches e s t a b l i s h e d - C o n t ' d (excluding o f f i c e s a t m i l i t a r y reservations but including banks c o n v e r t e d i n t o b r a n c h e s ) S t a t e Savings Bank S h e r i d a n Branch (De novo) S t a n t o n , Mich. S h e r i d a n , Mich. I n s . nonmem. Bank of Three Oaks New B u f f a l o Branch (De novo) Three Oaks, Mich. New B u f f a l o , Mich. Uninsured Hudson T r u s t Co, 1+8 t h S t r e e t Branch ( F o r m e r l y F i r s t N a t ' l Bank) Union C i t y , N. J. 14.8th S t . & Broadway I n s . nonmem. Marine Midland T r u s t Co. Union-Endicott Office ( F o r m e r l y Union T r u s t Co.) Binghamton, N. Y. E n d i c o t t , N. Y. Hamburg Savings Bank Ridgewood O f f i c e (De novo) Brooklyn, N. Y. 315-317 Wyckoff Ave. Marine. T r u s t Co. A t t i c a Branch ( F o r m e r l y Bank of A t t i c a ) B u f f a l o , N. Y. A t t i c a , N. Y. Western Savings Bank C l e v e - H i l l P l a z a Branch (De novo) B u f f a l o , N. Y. Kensington Ave. & E g g e r t Road I n s . nonmem. Queens County Savings Bank L i t t l e Neck Branch (De novo) F l u s h i n g , N. Y. 250-01 N o r t h e r n B l v d . L i t t l e Neck, N. Y. I n s . nonmem. N a t i o n a l Bank & T r u s t Co. New B e r l i n O f f i c e ( F o r m e r l y N a t i o n a l Bank of New B e r l i n ) Norwich, N. Y. New B e r l i n , N. Y. Delaware County N a t i o n a l Bank Darby Branch (De novo) C h e s t e r , Pa. 9 t h and Main S t r e e t s Darby, Pa. National Broad S t r e e t T r u s t Co, Broad and S t i l e s Branch ( F o r m e r l y Mid-City Bank & T r u s t Co.) P h i l a d e l p h i a , Pa. 122? N. Broad S t . I n s . nonmem. 12-16-1+6 11-25-1+6 12-16-1+6 12-30-1+6 I n s . nonmem. 12-11+-1+6 12-2-1+6 12-23-1+6 12-7-1+6 12-23-1+6 12-9-1+6 12-9-1+6 - \5 Nome and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Branches e s t a b l i s h e d - C o n t ' d (excluding o f f i c e s a t m i l i t a r y reservations but including banks c o n v e r t e d i n t o b r a n c h e s ) :\ Alexandria N a t i o n a l Bank Northwest Branch (De novo) A l e x a n d r i a , Va. 1701 Centre P l a z a S e a t t l e - F i r s t N a t i o n a l Bank S e a t t l e , Wash. Dayton Branch 201 E a s t Main' S t r e e t (Formerly Columbia N a t ' l Bank) ' Dayton, Wash. National 11-18-1+6 National 12-16-1+6 Banking f a c i l i t i e s e s t a b l i s h e d a t v e t e r a n s ' h o s p i t a l s through arrangements made b y ( T r e a s u r y Department ( F o r m e r l y t h e s e were f a c i l i t i e s a t m i l i t a r y r e s e r v a t i o n s i n t h e same l o c a t i o n s ) ; Fulton N a t i o n a l Bank Lawson General H o s p i t a l A t l a n t a , Ga. Chamblee, Ga. £ F i r s t N a t i o n a l Bank & T r u s t Co. Moore General H o s p i t a l A s h e v i l l e , N. C. Swannanoa, N. C. •National 11-15-1+6 11-15-1+6 Branches a c q u i r e d by a b s o r p t i o n o r ; p u r c h a s e Hudson T r u s t Co. Summit Avenue Branch ( F o r m e r l y branch of F i r s t N a t i o n a l Bank, Union C i t y , N. J . , which was absorbed by Hudson T r u s t Co.) Union C i t y , N. J . . 800 Summit Ave. I n s . nonmem. 12* 16-1+6 Branches d i s c o n t i n u e d Monterey County Tr. & Svgs. Bank Army Branch Salinas, Cr.lif. F o r t Ord, C a l i f . 12-31-1+6 Chemical Bank & T r u s t Co. Member New York, H. Y. United N a t i o n s , General Assembly F l u s h i n g Meadows, N. Y. Branches or o f f i c e s a t m i l i t a r y r e s e r v a t i o n s d i s c o n t i n u e d Miami S p r i n g s Bank Naval A i r S t a t i o n Miami S p r i n g s , F l a . Opa Locka, F l a . 12-16-1+6 ( I n s . nonmem. 11-15-1+6 - 6 Name and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Branches o r o f f i c e s a t m i l i t a r y r e s e r v a t i o n s d i s c o n t i n u e d - C o n t ' d F i r s t N a t i o n a l Bank & T r u s t Co. Mason General H o s p i t a l Bay Shore, N. Y. • Brentwood, N. Y. Brooklyn T r u s t Co. U. S. Maritime S e r v i c e Training S t a t i o n Brooklyn, N. Y. Sheepshead Bay, Brooklyn, N. Y. National 12-31-1*6 12- I6-I4.6 Changes i n name or l o c a t i o n of b r a n c h e s Bank of America, N. T. & S. A. Mountain View Branch Moved from Moved to B o u l e v a r d - F a i r f a x Branch Moved from Moved t o San F r a n c i s c o , C a l i f . Mountain View, C a l i f . 201 C a s t r o S t r e e t 301 C a s t r o S t r e e t Oakland, C a l i f . 5285 F o o t h i l l Blvd. 5277 F o o t h i l l Blvd. National 12-30-U6 12-16-1+6 D e t r o i t Bank D e t r o i t , Mich. T w e l f t h - P i n g r e e Branch Moved f r o m • 85I1O T w e l f t h S t . Moved t o 9100 T w e l f t h S t . and renamed— T w e l f t h - C l a i m o u n t Branch Member F i r s t N a t i o n a l Bank Newberg Branch Moved from Moved t o P o r t l a n d , Ore. Newberg, Ore. 620 F i r s t S t r e e t 601 F i r s t S t r e e t National N a t i o n a l Bank of Commerce B a l l a r d Branch Moved from Moved t o S e a t t l e , Wash. N a t l onal S e a t t l e - F i r s t N a t i o n a l Bank Walla Walla V a l l e y Branch Moved f r om Moved t o and renamed-7/alla Walla Branch 2205 Market S t r e e t 205I4 West 5 6 t h S t r e e t 12-30-^6 12-9-46 12-16-1+6 S e a t t l e , Wash. ' 2 E a s t Main S t r e e t 1 E a s t Alder S t r e e t 12-16—14.6 Correction The s t a t e m e n t c o v e r i n g t h e month ended November 30, 19h& r e p o r t e d Bank of Rogers P a r k , Chicago, I l l i n o i s , as a new bank. This should have been shown as an admiss i o n t o F e d e r a l Reserve membership.
@FedFRASER