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- • ' THIS COJiPtLATIGIT IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AM OFFICIAL IMPORT OP CHAKGES I I THE BANKING STRUCTURE. I CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.4.5 January 17, 19.52 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING DECEMBER 1951 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) First National Bank Westport, Conn. National 12-17-51 Colonial State Bank Orlando, Fla. Ins.non. 12-15-51 Egyptian State Bank Carrier Mills, 111. Ins.non. 12- 1-51 First National Bank Morton Grove, 111. National 12-15-51 Earth, Texas Ins.non. 12-10-51 Citizens State Bank Voluntary liquidations (except incident to absorptions, successions, etc.) Deford Bank of A. Frutchey & Sons Deford, Mich. Nonins. 12-15-51 National 12-28-51 Consolidations, absorptions, etc. Fruit Growers National Bank & Trust Co. Absorbed by — Farmers Bank Smyrna, Del. First State Bank Absorbed b y — Continental State Bank Richfield, Idaho Member Boise, Idaho Member Farmers State Bank Clinton County Bank & Trust Co. These two banks merged under charter and title of — Clinton County Bank & Trust Co. Scircleville, Ind. Frankfort, Ind. Menlo State Bank Absorbed by — Farmers & Merchants State Bank Menlo, Kansas Dover, Del. Frankfort, Ind. Colby, Kansas Ins.non. Ins.non. Ins.non. 12-24-51 12-17-51 Ins.non. Nonins. Member 12-15-51 Name and location of banks and branches Class of bank Date of change Consolidations, absorptions,etc. (Cont'd) Peoples State Bank City Bank These two banks consolidated under charter and title o f — City Bank Hazel Park, Mich. Detroit, Mich. Bank of Revere Absorbed by-Exchange Bank Revere, Mo. Win. H. Seward & Co. Absorbed b y — Auburn Trust Co. Auburn, N. Y. Union Trust Co. National Chautauqua County Bank These two banks consolidated under charter of National Chautauqua County Bank and title o f — Chautauqua National Bank & Trust Co. Jamestown, N. Y. Jamestown, N. Y. First National Bank Stockgrowers State Bank These two banks merged under charter and title of-First National Bank Detroit, Mich. Kahoka, Mo. Auburn, N. Y. Ins.non. Member 12-31-51 Member Ins.non. 12-15-51 Ins.non. Nonins. 12-17-51 Member Member National 12-31-51 Lander, Wyo. Lander, Wyo. National Ins.non. 12-10-51 Lander, Wyo. National Jamestown, N. Y. Withdrawal of State bank from Federal Reserve Membership Sarasota State Bank Sarasota, Fla. Changes in name or location Insurance continued 12-13-51 Ins.non. 10-25-51 Citizens Bank Name and location changed to-£ Citizens Bank Aztec, N. Mex. First National Bank & Trust Co. Name' changed t o — First National Bank Huntington, N. Y. National 11-28-51 Dime Savings Bank Co. Name changed t o — Dime Bank Akron, Ohio Ins.non. 12- 1-51 Farmington, N. Mex. Ins.non. •3Class of bank Name and location of banks and branches Date of change Changes in name or location (Cont'd) Portland Trust & Savings Bank Name changed t o — Portland Trust Bank Portland, Ore. Member 12- 1-51 State Bank of Milwaukee Name changed to-Bank of Commerce Milwaukee, Wis. Ins.non. 12- 7-51 Branches established (including branches at military and other Government establishments and banks converted into branches) Hartford-Connecticut Trust Co. Drive-in Branch (De novo) Z Farmers Bank Smyrna Branch (Formerly Fruit Growers National Bank & Trust Co.) Hartford, Conn. Gold & Mulberry Streets Member Dover, Del. Smyrna, Del. Ins.non. Continental State Bank Richfield Branch (Formerly First State Bank) Boise, Idaho Richfield, Idaho Member First Security Bank of Idaho, N.A. Alameda Branch (De novo) Boise, Idaho 435 Yellowstone Avenue Alameda, Idaho (P.O. Pocatello) National Fort Wayne National Bank South Branch . (De novo) Fort Wayne, Ind. National 3811 South Calhoun Street 12-10-51 Clinton County Bank & Trust Co. Scircleville Branch (Formerly Farmers State Bank) Frankfort, Ind. Scircleville, Ind. 12-17-51 Peoples State Bank Lawrence Branch (De novo) Indianapolis, Ind. Pendleton Pike & 38th Street ; 12-28-51 12-28-51 12-24-51 12-15-51 Ins.non. I Ins.non. 12-20-51 -4Name 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) Saco &.Bidd eford Savings Institution Portland Avenue Branch (De novo) Saco, Maine Nonins. 1 Portland Ave. Old Orchard Beach, Maine 11-26-51 Takoma Park, Md. 1305 University Lane, Hyattsville, Md. Ins.non. 12- 8-51 Horfolk County Trust Co. Main Street Branch (De novo) Brookline, Mass. 447 Main St. Medfield,, Mass. Member framingham Trust Co. Middlesex Center Branch (De novo) Framingham, Mass. Shoppers' World Ins.non. Gardner Trust Co. Baldwinville Branch (De novo) South Gardner Branch (De novo) Gardner, Mass. Elm Street, Baldwinville, Mass. 40 East Broadway South Gardner, Mass. Ins.non. City Bank Grand River Avenue Branch (De novo) Hazel Park Branch (Formerly Peoples State Bank) Detroit, Mich. 24865 Grand River Ave. Member Commonwealth Bank Farmer Street Office (De novo) Detroit, Mich. 1415 Farmer Street Member Lansing, Mich. 6l6 S. Washington Ave. Member ^Citizens Bank Langley Park Branch (De novo) American State Bank South Washington Branch (De novo) Michigan National Bank Drive-in Office (De novo) , 12-10-51 10- 4-51 12- 3-51 12-27-51 12- 3-51 Hazel Park, Mich. Lansing, Mich. 233 South Capitol Ave. 12-31-51 12- 3-51 12-20-51 National 12-10-51 -5Name 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) Rankin County Bank Pearl Branch Office (De novo) Ins.non. Brandon, Miss. P.O. Jackson, Miss. (Intersection of Highway 80 and Fannin Road outside the corporate limits.of Jackson) County Bank & Trust Co. 30th Street Office (De novo) Paterson, N. J, 598 21st. Avenue Citizens Bank Aztec Branch (De novo) Farmington, N. Mex. Aztec, N. Mex. Ci.rrutauqua National Bank & Trust Co. Union Trust Office (Formerly Union Trust Co.) Jamestown, N. Y. Corn Exchange Bank Trust Co. East 65th Street Branch (De novo) New York, N. Y. 1242 Second Avenue New Rochelle Trust Co. Wykagyl Office (De novo) New Rochelle, N. Y. 1300 North Avenue Hanover Bank Worth Street Office (De novo) New York, N. Y. 214 Church Street First Bank & Trust Co. South Utica Office (De novo) Ins.non. 12-11-51 10-25-51 211 Main Street North Side Savings Bank New York, N. Y. Third Avenue Branch 3230 Third Ave. (De novo; formerly head office of North Side Savings Bank, which moved from 3230 Third Avenue to 185 West 231st Street.) Utica, N. Y. 1930 Genesee Street 12- 1-51 12-31-51 Member 12-17-51 12-17-51 Member 12-10-51 Ins.non. 12- 1-51 12-17-51 -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) v Ins.non. Guaranty Bank & Trust Co. Meadowbrook Branch (De novo) Greenville, N.C. North Greene Street Canton National Bank Mahoning-Belden Branch (De novo) Canton, Ohio National 1235 Belden Avenue, N.E. 12- 3-51 Oglesby-Barnitz Bank & Trust Co. Central Branch (De novo) Middletown, Ohio 1730-38 Central Avenue 12- 4-51 12-15-51 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department First National Bank 7ort McClellan Anniston, Ala. Fort McClellan, Ala. Bank of America, N.T. & S.A. \ Sierra Ordnance Depot National San Francisco, Calif. Herlong, Calif. National 12-10-51 12- 6-51 Branch acquired by absorption or purchase Chautauqua National Bank & Trust Co. Jamestown, N. Y. Westfield Office 24-26 East Main Street, (Formerly branch of Union Westfield, N. Y. Trust Co., Jamestown, N.Y., which consolidated with National Chautauqua County Bank, Jamestown, N. Y. under new title, Chautauqua National Bank & Trust Co.) National 12-31-51 Branches discontinued Citizens National Trust & Savings Bank Hollywood-Bronson Branch Plaza Branch Los Angeles, Calif. 5882 Hollywood Blvd. 110 Sunset Blvd. 12-17-52 12-10-51 \ •7Class of bank Name and location of banks and branches Date of change Branches discontinued (Cont'd) Hanover Bank Church Street Office Greenwich Street Office New York, N. Y. 271 Church Street 335 Greenwich Street 12- 7-5I 12- 7-51 Changes in name or location of branches Security-First National Bank Olympic & Flower Branch Moved from Moved to Los Angeles, Calif. Central Bank San Leandro Branch Moved from Moved to Oakland, Calif. San Leandro, Calif. 1515 East Ikth Street 1639 East l4th Street Bank of America N.T. & S.A. West Glendale Branch Moved from Moved to 3ujunga Branch Moved from Moved to Manhattan Beach Branch Moved from Moved to D San Francisco, Calif. Glendale, Calif. 64l6 San Fernando Road 6400 San Fernando Road Los Angeles, Calif. 9953 Commerce Avenue 7179 Foothill Blvd. Manhattan Beach, Calif. 201 Manhattan Beach Blvd. 1200 Highland Avenue 12-21-51 710 West Olympic Blvd. 700 West Olympic Blvd. Ins.non. 12-10-51 Franklin National Bank Levittown Office Moved from Moved to New York, N. Y. Smithfield, N. C. National Bank of Commerce Camas Branch Moved from Moved to Seattle, Wash. National Camas, Wash. 201 Northeast Fourth Avenue 528 Northeast Fourth Avenue 12-17-51 Member First-Citizens Bank & Trust Co. Finance Branch Moved from Moved to 12-10-51 National American Trust Co. Fordham Branch Moved from Moved to z Franklin Square, N. Y, Levittown, N. Y. 2943 Hempstead Turnpike 3017 Hempstead Turnpike 12- 3-51 12- 8-51 12-10-51 590 East 187th Street 301 East Fordham Road Ins.non. 12-15-51 4l4 East Market Street 211 Market Street 12- 3-51