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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