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THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES.
NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE.
lOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
January 18, 1954

CHANGES I l f STATUS OF BANKS AND BRANCHES AS REPORTED DURING DECEMBER 1953
Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

New banks
(except successions and conversions)
F i r s t Commercial Bank

Chickasaw, Ala.
Mobile County

Ins.non.

12-4-53

Bank of Belmont Shore

Long Beach, C a l i f ,
Los Angeles County

Member

12-1^-53

Bank of Palm Beach & Trust Co.

Palm Beach, F l a .
Palm Beach County

Ins.non.

12-1-53

Community S t a t e Bank

Bloomington, Minn.
Hennepin County

Ins.non.

12-7-53

Ruidoso S t a t e Bank

Ruidoso, N. Mex„
Lincoln County

Nonins.

12-1-53

C i t i z e n s National Bank

Flushing, Ohio
Belmont County

National

12-5-53

Bank of Norview

Norview, Va.
Norfolk County

Ins.non.

12-7-53

Ins.non.

11-16-53

Successions and conversions
Hood System I n d u s t r i a l Bank
Converted t o —
C e n t r a l Savings Bank

High P o i n t , N. C.
High P o i n t , N. C.

Ins.non.

Voluntary l i q u i d a t i o n
(except i n c i d e n t t o a b s o r p t i o n s , successions, e t c . )
F i r s t S t a t e Bank

Williams, Minn.

Ins.non.

12-5-53

Ins.non.

11-20-53

Consolidations, a b s o r p t i o n s , e t c .
Buhl S t a t e Bank
Absorbed by —
F i r s t National Bank




Buhl, Minn.
Buhl, Minn.

National

Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

National
National

12-31-53

Consolidations, absorptions, e t c . (Cont'd)
F i r s t National Bank
Franklin National Bank
These two banks consolidated
under c h a r t e r and t i t l e of —
Franklin National Bank

Bellmore, N . Y .
Franklin Square, N. Y.

Potsdam Bank & Trust Co.
Northern New York Trust Co.
These two banks merged under
c h a r t e r and t i t l e of —
Northern New York Trust Co,

Potsdam, N, Y.
Watertown, N. Y.

F i r s t National Bank
Absorbed by —
F i r s t National Bank

Dockland, Ohio

Beaver Trust Co,
F i r s t National Bank
These two banks merged under
c h a r t e r and t i t l e of —
Beaver Trust Co.

Beaver, Pa,
Rochester, Pa,

Berks County Trust Co.
Temple S t a t e Bank
These two banks merged under
c h a r t e r and t i t l e of —
Berks County Trust Co.

Reading, Pa.
Temple, Pa.

Franklin Square, N,Y. National

Watertown, N. Y.

Cincinnati, Ohio

Beaver, Pa,

Reading, Pa.

Member
Member

12-7-53

Member
National

12-1-53

National
Member
National

12-21-53

Member
Ins »non,
Ins.non.

12-31-53

Ins.non.

Withdrawal of S t a t e bank from Federal Reserve Membership
Temple S t a t e Bank

Temple, Pa.

Insurance
continued

12-31-53

Changes in name or l o c a t i o n
Rowe Banking Co.
Name changed to —
Merchants & Farmers Bank

Comer, Ga.

Ins.non.

11-10-53

Bank of Rogers Park
Name changed t o —
F i r s t Commercial Bank

Chicago, 111,

Member

12-1-53




- 3 Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

Branches established(including branches a t m i l i t a r y and other Government
establishments and banks converted i n t o branches)
F i r s t National Bank of Arizona
Glendale Branch
(De novo)
Goodyear-Avondale Branch
(De novo)
Wellton Branch
(De novo)

Phoenix, A r i z .
National
2U5 East A Avenue
Glendale, A r i z .
Maricopa County
120 East Western Avenue
Goodyear, A r i z ,
Maricopa County
Wellton, A r i z ,
Yuma County

C a l i f o r n i a Bank
Crenshaw and lhlth O f f i c e
(De novo)

Los Angeles, C a l i f .
1U708 Crenshaw Blvd.
Gardena, C a l i f .
Los Angeles County

Member

F i r s t National Bank
Holt Avenue O f f i c e
(De novo)

Pomona, C a l i f „
321 East Holt Avenue
Pomona C a l i f .
Los Angeles County

National

American Trust Co,
Hayward O f f i c e
(De novo)

San Francisco, C a l i f .
628 F o o t h i l l Blvd.
Hayward, C a l i f .
Alameda County
3380 El Camino Avenue
Sacramento, C a l i f .
Sacramento County

Member

Bank of America, N.T. & S.A.
Washington Center Branch
(De novo)

San Francisco, C a l i f ,
8021 South Broadway
Whit t i e r , ' C a l i f ;
Los Angeles County

National

B r i d g e p o r t - P e o p l e ' s Savings Bank
S t r a t f o r d Branch
(De novo)

Bridgeport, Conn.
2772 Main S t r e e t
S t r a t f o r d , Conn.
F a i r f i e l d County

Nonins.

Merchants Bank & Trust Co,
East Norwalk Branch
(De novo)

Norwalk, Conn.
237-239 East Avenue
East Norwalk, Conn.
F a i r f i e l d County

Ins.non.

Country Club Centre O f f i c e
(De novo)




12-29-53
12-7-53
12-28-53

12-21-53

12-7-53

12-21-53
12-1U-53

12-21-53

12-21-53

12-1-53

- 2; Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

Branches e s t a b l i s h e d (Cont'd)
(including branches a t m i l i t a r y and o t h e r Government
establishments and banks converted i n t o branches)
Georgia Railroad Bank & Trust Co.
Gwinnett S t r e e t Branch
(De novo)

Augusta, Ga.
Member
Gwinnett & Eleventh S t s .
Augusta, Ga.
Richmond County

12-15-53

Liberty National Bank & Trust Co.
Habersham Branch
(De novo)

Savannah, Ga.
1809 Habersham S t r e e t
Savannah, Ga.
Chatham County

National

12-17-53

Peoples S t a t e Bank
Fountain City Branch
(De novo)

Cambridge City, Ind.
Fountain City, Ind.
Wayne County

Ins.non.

F i d e l i t y Trust Co,
South Side Branch
(De novo)

I n d i a n a p o l i s , Ind.
28U1 Madison Avenue
I n d i a n a p o l i s , Ind.
Marion County

Member

Merchants National Bank & Trust Co.
West 16th S t r e e t Branch
(De novo)

Indianapolis, ind.
2501 West 16th Street
Indianapolis, Ind.
Marion County

National

F i r s t National Bank
West Side Branch
(De novo)

Richmond, I n d .
National
2 Northwest 18th S t r e e t
Richmond, Ind.
Wayne County

Second National Bank
East Main S t r e e t Branch
(De novo)

Richmond, Ind.
2909 East Main S t r e e t
Richmond, Ind.
Wayne County

National

Bossier Bank & Trust Co,
Mid-City Branch
(De novo)

Bossier City, La.
Big Chain Center
Bossier City, La.
Bossier County

Ins.non.

Peoples S t a t e Bank
2wolle Branch
(De novo)

Many, La.
Zwolle, La.
Sabine County

Ins.non,




12-29-53

12-9-53

12-21-53

12-1U-53

12-1U-53

31-25-53

ll-lit-53

- 5 Class
of bank

Name and l o c a t i o n of banks and branches

Date of
change

Branches e s t a b l i s h e d (Cont'd)
( i n c l u d i n g branches a t m i l i t a r y and o t h e r Government
e s t a b l i s h m e n t s and banks converted i n t o branches)
Richland S t a t e Bank
Mangham Branch
(De novo)

R a y v i l l e , La.
Mangham, La.
Richland County

E a s t e r n T r u s t & Banking Co.
D r i v e - i n Branch
(De novo)

Bangor, Me.
Fern & S t a t e S t r e e t s
Bangor, Me.
Penobscot County

Merchants N a t i o n a l Bank
Keranore Square O f f i c e
(De novo)

Boston, Mass.
642 Beacon S t r e e t
Boston, Mass.
S u f f o l k County

12-14-53

N a t i o n a l Shavraiut Bank
Southampton S t r e e t O f f i c e
(De novo)

Boston, Mass.
909 Mass. Avenue
Boston, Mass.
S u f f o l k County

12-7-53

Genesee County Savings Bank
Corunna Road Branch
(De novo)

F l i n t , Mich.
3301 Corunna Road
F l i n t , Mich.
Genesee County

12-14-53

I n d u s t r i a l S t a t e Bank
Portage O f f i c e
(De novo)

Kalamazoo, Mich.
S. Westnedge Avenue
& Center S t r e e t
P o r t a g e , Mich.
Kalamazoo County

Beach Haven N a t i o n a l Bank & T r u s t Co.
Mid I s l a n d Branch
(De novo)

Beach Haven, N. J .
Ship Bottom, !
Ocean County

Manufacturers & Traders T r u s t Co.
Broad S t r e e t O f f i c e
(De novo)

B u f f a l o , N. Y.
65 Broad S t r e e t
Tonawanda, N. Y.
E r i e County

F r a n k l i n N a t i o n a l Bank
Bellmore O f f i c e
(Formerly F i r s t N a t i o n a l Bank)

F r a n k l i n Square, N. Y.
2160 Bedford Avenue
Bellmore, N. Y.
Nassau County




12-12-53
Nonins.
12-17-53

12-7-53

National
12-1-53

12-28-53

National
12-31-53

— 6

—

Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

Branches e s t a b l i s h e d (Cont*d)
( i n c l u d i n g branches a t m i l i t a r y and o t h e r Government
e s t a b l i s h m e n t s and banks converted i n t o branches)
Farmers N a t i o n a l Bank
R o e l i f f Jansen Branch
(De novo)

Hudson, N. Y.
Copake, N. Y.
Columbia County

National

F i r s t N a t i o n a l Bank
Lakewood O f f i c e
(De novo)

Jamestown, N. Y,
10U Chautauqua Avenue
Lakewood, N. Y.
Chautauqua County

National

Chase N a t i o n a l Bank
United Nations Plaza Branch
(De novo)

New York, N. Y.
National
825 United Nations Plaza
New York, N. Y.
New York County

Emigrant I n d u s t r i a l Savings Bank
3 1 s t S t r e e t &. Seventh Avenue O f f i c e
(De novo)

New York, N. Y.
3 1 s t S t . & ?th Ave.
New York, N„ Y.
New York County

Ins.non.

Harlem Savings Bank
U2nd S t r e e t O f f i c e
(De novo)

New York, N. Y.
U2nd S t . & Second Ave.
New York, N. Y.
New York County

Ins.non.

Nassau County National Bank
Uniondale Branch
(De novo)

Rockville Centre, N. Y.
581 Uniondale Avenue
Uniondale, N. Y.
Nassau County

National

Member

P l a n t e r s National Bank & T r u s t Co.
Plymouth Branch
(De novo)

National




12-28-53

12-1U-53

12-1-53

12-3-53

12-21-53

Northern New York T r u s t Co.
Watertovm, N. Y.
Potsdam O f f i c e
35-37 Market S t r e e t
(Formerly Potsdam Bank & T r u s t Co.)
Potsdam, N. Y.
S t . Lawrence County
Rocky Mount, N. C.
Water & Adams S t r e e t s
Plymouth, N. C.
Washington County

12-7-53

12-7-53

12-10-53

Class
of bank

Name and l o c a t i o n of banks and branches

Date of
change

Branches e s t a b l i s h e d (Cont'd)
(including branches a t m i l i t a r y and other Government
establishments and banks converted i n t o branches)
F i r s t National Bank
Lockland Branch
(Formerly F i r s t National Bank)

Cincinnati, Ohio
131 Williams Avenue
Lockland, Ohio
Hamilton County

Central National Bank
Westgate Branch
(De novo)

Cleveland, Ohio
National
20633 Center Ridge Road
Fairview park, Ohio
Cuyahoga County

National City Bank
Westgate Branch
(De novo)

Cleveland, Ohio
20981 Westgate
Fairview Park, Ohio
Cuyahoga County

National

Third National Bank & Trust Co.
Salem Avenue Branch
(De novo)

Dayton, Ohio
2929 Salem Avenue
Dayton, Ohio
Montgomery County

National

Lake County N a t i o n a l Bank
-Wickliffe Branch
(De novo)

P a i n e s v i l l e , Ohio
29239 Euclid Avenue
W i c k l i f f e , Ohio
Lake County

National

Beaver Trust Co.
Rochester F i r s t Branch
(Formerly F i r s t National Bank)

Beaver, Pa.
Rochester, Pa.
Beaver County

Member

F i r s t National Bank
Duncansville O f f i c e
(De novo)

Claysburg, Pa.
Duncansville, Pa.
B l a i r County'

National

Roosevelt Bank .
Snyder Avenue Branch
(De novo)

P h i l a d e l p h i a , Pa.
23rd & Snyder Avenue
P h i l a d e l p h i a , Pa.
Philadelphia County

Ins.non.

F i d e l i t y - P h i l a d e l p h i a Trust Co.
Boulevard Center O f f i c e
(De novo)

P h i l a d e l p h i a , Pa.
6581 Roosevelt Blvd.
P h i l a d e l p h i a , Pa.
Philadelphia County

Member




National

12-1-53

12-U-53

12-29-53

12-14-53

12-19-53

12-21-53

12-7-53

12-12-53

12-23-53

• 8 -

Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

Branches e s t a b l i s h e d (Cont'd)
(including branches a t m i l i t a r y and other Government
establishments and banks converted i n t o branches)
Berks County Trust Co.
Temple O f f i c e
(Formerly Temple S t a t e Bank)
C i t i z e n s & Southern National
Bank of S. C.
Park & Lady Annex Branch
(De novo)

Reading, Pa,
4950 Kutztown Road
Temple, Pa.
Berks County

Ins.non.

Charleston, S. C.
1303 Park S t r e e t
Columbia, S . C.
Richland County

National

12-31-53

12-14-53

Peoples National Bank
Park Place Branch
(De novo)

Greenville, S. C.
National
118 New Buncombe Road
Park Place, S. C.
(P.O. Greenville, S. C.)
Greenville County

National Bank of Commerce
Mallory Heights Branch
(De novo)

Memphis, Tenn.
National
176 East Mallory Avenue
Memphis, Tenn.
Shelby County

12-15-53

C i t i z e n s Bank
Powell Valley Branch
(De novo)

New Tazewell, Tenn.
Harrogate, Tenn.
Clairborne County

Ins.non.

11-27-53

Lynchburg National Bank & Trust Co.
Chestnut H i l l Branch
(De novo)

Lynchburg, Va.
5206 Fort Avenue
Lynchburg, Va.
Independent City

National

F i r s t & Merchants National Bank
Westover Branch
(De novo)

Richmond, Va.
National
4803 Forest H i l l Avenue
Richmond, Va.
Independent City

Washington National Bank
Motor Branch
(De novo)

Ellensburg, Wash.
Third Ave.& Pine S t .
Ellensburg, Wash.
K i t t i t a s County

National

Farmers Bank
Englewood Branch
(De novo)

Athens, Tenn.
Englewood, Tenn.
McMinn County

Ins.non.




12-1-53

12-17-53

12-7-53

12-23-53

12-3-53

- 9 Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

Banking f a c i l i t y e s t a b l i s h e d a t m i l i t a r y and o t h e r Government
e s t a b l i s h m e n t s through arrangements made by Treasury Department
Merchants N a t i o n a l Bank & T r u s t Co.
Finance Center F a c i l i t y

National
Indianapolis, Ind.
F o r t Benjamin Harrison, • I n d .
Marion County

12-7-53

Branch acquired by a b s o r p t i o n or purchase
F i r s t N a t i o n a l Bank
Wyoming Avenue Branch
(Formerly branch of F i r s t
N a t i o n a l Bank, Lockland, Ohio,
which was absorbed by F i r s t
N a t i o n a l Bank)

C i n c i n n a t i , Ohio
613 West Wyoming- Ave.

National

12-1-53

Branch d i s c o n t i n u e d
Holyoke N a t i o n a l Bank
Maple S t r e e t Branch

Holyoke, Mass.
286 Maple S t r e e t

National

12-21-53

F a c i l i t i e s discontinued
Bank of America, N.T. & S.A.
Camp Stoneman F a c i l i t y

San F r a n c i s c o , C a l i f .
Pittsburg, Calif.

National

Ohio Valley N a t i o n a l Bank
Camp Breckinridge F a c i l i t y

Henderson, Ky.
Camp B r e c k i n r i d g e , Ky.

National

12-31-53
12-5-53

Changes i n name or l o c a t i o n of branches
C i t i z e n s National T r u s t & Savings Bank Los Angeles, C a l i f .
National
West Adams & Cloverdale Branch
Moved from
5257 West Adams Blvd.
Moved t o
3725 South La Brea Ave.
- and renamed
Baldwin H i l l s Branch
S e c u r i t y - F i r s t N a t i o n a l Bank
Montebello Branch
Moved from
Moved t o




Los Angeles, C a l i f .
Montebello, C a l i f .
500 W h i t t i e r Blvd.
700 W h i t t i e r Blvd.

National

12-11-53

11-30-53

— 10 —
Name and l o c a t i o n of banks and branches

C l a s s D a t e of
of bank
change

Changes i n name or l o c a t i o n of branches (Cont'd)
Bank of America, N.T. & S.A.
Anaheim Branch
Moved from
Moved t o

San Francisco, C a l i f .
National
Anaheim, C a l i f .
203 East Center S t r e e t
ISO East Center S t r e e t

12-21-53

Westlake Branch
Moved from
Moved t o

Daly City, C a l i f .
331 South Mayfair Avenue
25 F e s t l a k e Court

12-21-53

Hawthorne Branch
Moved from
Moved t o

Hawthorne, C a l i f .
202 N. Hawthorne Blvd.
203 N. Hawthorne Blvd.

12-21-53

Knights Landing, C a l i f .
Third & Mill S t r e e t s
225 Mill S t r e e t

12-23-53

•^Knights Landing Branch
Changed from
Changed t o
**Panorama City Branch
Changed to

832U Van Nuys Blvd.
12-3-53
Los Angeles (Van Nuys), C a l i f .
8324 Van Nuys Blvd.
Los Angeles (Panorama City), C a l i f .

Redondo Beach Branch
Moved from
Moved t o

Redondo Beach, C a l i f .
219 South P a c i f i c Avenue
200 North P a c i f i c Avenue

12-7-53

liOth & El Cajon Branch
Moved from
Moved t o
and renamed
El Oajon Boulevard Branch

San Diego, C a l i f .
1*002 El Cajon Blvd.
Ul66 E l Cajon Blvd.

12-1^-53 .

Sonoma, C a l i f .
500 Washington S t r e e t
Sit. South Washington S t r e e t

12-18-53

^Sonoma Branch
Changed from
Changed to

*These changes are due to the renumbering of s t r e e t s and do not represent any
changes i n the a c t u a l l o c a t i o n . Changes were reported t o the Federal Reserve
Bank on the dates given; the dates on which the changes occurred were not given.
**This change i s due t o the establishment of a Post O f f i c e in Panorama City an<l
does not r e p r e s e n t a change in the a c t u a l l o c a t i o n .




-11-

Name and l o c a t i o n of banks and branches

Class
of bank

Date of
change

Changes i n name or l o c a t i o n of branches (Cont'd)
C i t i z e n s Bank
Langley Park Branch
Moved from
Moved t o

Takoma Park, Md.

Ins.non.

1305 U n i v e r s i t y Lane
H y a t t s v i l l e , Md.
7950 New Hampshire Ave.
S i l v e r S p r i n g , Md,

D e t r o i t , Mich.
D e t r o i t Bank
Livernois-Seven Mile Road O f f i c e
19100 L i v e r n o i s Ave.
Moved from
18900 L i v e r n o i s Ave.
Moved t o
and renamed
Livernois-Clarita Street Office

Member

C i t i z e n s Northern Valley N a t i o n a l Bank Englewood, M. J .
T e n a f l y , N. J .
Tenafly Office
6 West R a i l r o a d Ave.
Moved from
16 Highwood Ave.
Moved t o

National

East River Savings Bank
Broadway O f f i c e
Moved from
Moved t o

New York, N. Y.

S e c u r i t y N a t i o n a l Bank
Wilmington Branch
Moved from
Moved to

Greensboro, N. C.
Wilmington, N. C.
201 North Front S t .
320 Chestnut S t .

Peoples N a t i o n a l Bank
Kent Branch
Moved from
Moved t o

S e a t t l e , Wash.
National
Kent, Wash.
S , W. Corner F i r s t & Gowe S t .
317 West Meeker S t .

*01d N a t i o n a l Bank
East Side Branch
Changed from
Changed t o

Spokane, Wash.

12-7-53

12-5-53

12-11-53

291 Broadway
55 John S t r e e t

East 211U Sprague Ave.
East 2110 Sprague Ave.

11-9-53

National
12-114-53

National

11-23-53

12-14-53

* This change i s due t o the remodeling of the banking q u a r t e r s , p r o v i d i n g a new
e n t r a n c e , and does not r e p r e s e n t a change i n the a c t u a l l o c a t i o n .