View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F.R, CONFIDENTIAL

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

L.4.5 THIS COMPILATION IS DEBITED LARGELY FROM SECONDARY SOURCES. January 19, 1956
NOT AN OFFICIAL REPORT 0 T CHANGES IN THE BANKING STRUCTURE.

CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING DECEMBER 1955
• and location of banks and branches

Class
of bank

Date of
change

Mew banks
(except successions and conversions)
Gilmore Commercial & Savings Bank

Los Angeles, Calif,
Los Angeles County

Ins.non. 12- 1-55

Vaca Valley Bank

Vacaville, Calif.
Solano County

Ins.non. 12-29-55

Madison Bank & Trust Co,

Chicago, 111.
Cook County

Ins.non, 12- 1-55

First National Bank

Clinton, Tenn,
Anderson County

National 12-10-55

Successions and conversions
Norwood Bank & Banking Co.
Succeeded, by»Norwood Bank & Trust Co.

Norwood, Mass.
Norwood, Mass.

Ins.non. 12- 1-55
Ins.non.

Voluntary liquidations
(except incident to absorptions, successions, etc, )
First State Bank

Racine, Minn.

Ins.non.

9-10-55

Consolidations. absorptions, etc.
Loop National Bank
Merchants National Bank
Prichard National Bank
Consolidated under charter and title
Merchants National Bank
Commercial National Bank
First Western Bank & Trust Co,
Merged under charter and title of •
First Western Bank & Trust Co,




Mobile, Ala.
Mobile, Ala,
Prichard, Ala.
of —
Mobile, Ala,
Alameda, Calif,
San Francisco, Calif
San Francisco, Calif,

National 12-30-55
National
National
National
National 12-19-55
Ins.non,
Ins.non.

-

2 -

and location of banks and branches

Class
of bank

Date of
change

Consolidations, absorptions, etc, (ContM)
Rehoboth Trust Co.
Rehoboth Beach, Del.
Absorbed by —
Farmers Bank of the State of Delaware Dover, Del.

Ins.non, 12-31-55

Aurora State Bank
Absorbed by —
First National Bank

Ins.non, 12-19-55

Aurora Ind.
Aurora Ind.

Ins.non,

National

First National Bank
St. Louis Mo.
United Bank & Trust Co,
St. Louis Mo.
Consolidated under charter and title of —
First National Bank
St. Louis Mo.

National 12-31-55
Member

First National Bank
Absorbed by —
First National Bank of Nevada

National 12-30-55

Lovelock, Nev.
Reno, Nev.

First National Bank
Glens Falls, N. Y.
Washington County National Bank
Granville, N. Y.
Consolidated under charter and title of —
First National Bank
Glens Falls, N. Y.
Citizens Bank
Madison, Ohio
Lake County National Bank
Painesville, Ohio
Consolidated under charter and title of •
Lake County National Bank
Painesville, Ohio

National

National
National 12- 5-55
National
National
Member
12-31-55
National
National

National Exchange Bank & Trust Co.
Steubenville, Ohio
Peoples National Bank
Steubenville, Ohio
•Consolidated under charter of National
Exchange Bank & Trust Co. and title of —
First National Bank & Trust Co.
Steubenville, Ohio

National

E

First National Bank
C'entralia, Pa.
Absorbed by —
Pennsylvania National Bank & Trust Co. Pottsville, Pa.

National 12-16-55
National

I
&

Dauphin Deposit Trust Co.
Market Street Trust Co.
Merged under charter and title of —
Dauphin Deposit Trust Co*

Harrisburg, Pa.
Harrisburg, Pa.

Hatboro National Bank
Philadelphia National Bank
Citizens National Bank & Trust Co.
Merged under charter and title of —
Philadelphia National Bank

Hatboro, Pa.
Philadelphia, Pa.
Pottstown, Pa.




Harrisburg, Pa.

Philadelphia, Pa.

National 12-12-55
National

Member
12-19-55
Ins.non,
Member
National 12-12-55
National
National
National

- 3 Name and location of banks and branches

Class
of bank

Bate of
change

Consolidations, absorptions, etc. (Cont'd)
First National Bank
Absorbed by —
Gallatin National Bank

Jefferson, Pa,
Uniontown, Pa.

First National Bank
McKeesport, Pa.
Citizens Deposit & Trust Co,
Sharpsburg, Pa.
Consolidated under charter and title of —
First National Bank
McKeesport, Pa,
Market Street National Bank
Tradesmens Bank & Trust Co,
Merged under charter and title of —
Tradesmens Bank & Trust Co,

Philadelphia, Pa.
Philadelphia, Pa.

The Rzepski Bank
Absorbed by —
Industrial Trust Co,

Philadelphia, Pa.

Philadelphia, Pa.

Philadelphia, Pa,

National 12-12-55
National
National 12- 5-55
Ins.non.
National
National 12-31-55
Member
Member
Nonins.
Ins.non.

Bank of Cameron
Cameron, S. C.
First National Bank
Orangeburg, S. C.
Consolidated under charter and title of —
First National Bank
Orangeburg, S, C.

National

First National Bank
Absorbed by —
First National Bank

Nara Visa, N. M.

National

First National Bank
Walker Bank & Trust Co.
Merged under charter and title of —
Walker Bank & Trust Co.

Murray, Utah
Salt Lake City, Utah

First National Bank
Brattleboro Trust Co.
Merged under charter of Brattleboro
Trust Co., and title of —
Vermont Bank & Trust Co,

Bennington, Vt.
Brattleboro, Vt.

Fulton Bank & Trust Co.
Absorbed by —
Half Dollar Trust & Savings Bank

Wheeling, W, Va.

Dalhart, Texas

Salt Lake City, Utah

Brattleboro, Vt.

Wheeling, W. Va.

12- 5-55

Ins.non 12-31-55
National

National 12-29-55

National 12-15-55
Member
Member
National 12-31-55
Member
Member
Ins.non

11-21-55

Member

Changes in name or location of banks
Merchants & Employees
Industrial Bank
Name changed to —
Merchants State Bank




Houston, Texas

Ins.non.

7- 1-55

- 4 Date of
change

Class
of bank

Name and location of banks and branches
Changes in name or location of banks (Cont*d)
Citizens National Bank
Name changed to —
Citizens First National Bank

Tyler, Texas

National 12-31-55

Branches established de novo
(includes branches at military and other Government establishments)
Bank of Douglas
East Mesa Branch
1117 East Main Street

Phoenix, Ariz.
Mesa, Ariz.
Maricopa County

Ins.non.

McCrehee Bank .
Watson Teller's Window

McGehee, Ark,
Watson, Ark.
Desha County

Ins.non

Farmers & Merchants Bank
Parkway Estates Branch
7237' East Parkway Drive

Lodi, Calif,
Sacramento, Calif,
Sacramento County

Member

Bank of America, N. T. & S, A.
Palm Springs Branch Annex
174 North Palm Canyon Drive

San Francisco, Calif.
Palm Springs, Calif
Riverside County

National

Stanford Branch
Stanford Shopping Center
South Santa Ana Branch
2001 South Main Street

12- 1-55

12-19-55

Palo Alto, Calif.
Santa Clara County
(P. 0. Stanford)
Santa Ana, Calif.
Orange County

12-12-55
12-19-55
12-30-55

First Western Bank & Trust Co.
Redding Office
1557 Pine Street

San Francisco, Calif,
Redding, Calif.
Shasta County

Ins.non,

Colonial Trust Co.
Drive-in Branch
Freight Street

Waterbury, Conn,
Waterbury, Conn.
New Haven County

Member

Peoples Savings Bank
Fairfield Branch
Post Road & South Benson Road

Bridgeport, Conn.
Fairfield, Conn.
Fairfield County

Nonins.

Anderson Banking Co.
Chesterfield Branch

Anderson, Ind,
Chesterfield, Ind.
Madison County

Ins.non




12-19-55

12-19-55

12- 5-55

12-19-55

> 12- 2-55

- 5 Name and location of banks and branches

Class IDate of
of bank I change

Branches established de novo (Cont*d)
(includes branches at military and other Government establishments)
First National Bank
Northwest Branch
Johnson Street & Baldwin Ave.

Marion, Ind,
Marion, Ind,
Grant County

National

First State Bank
Swaledale Branch

Thornton, Iowa
Swaledale, Iowa
Cerro Gordo County

Ins.non.

First National Bank
Produce Terminal Branch
Produce Place

Louisville, Ky.
Louisville, Ky,
Jefferson County

National

Sayings Bank of Baltimore
Arundeltown Office
1015 West Way, Ritchie Highway

Baltimore, Md.

Ins.non,

liberty Trust Co,
La Vale Branch

Cumberland, Md*
Member
La Vale, Md,
Allegany County, Md.

Randallstown Bank
Liberty Road Branch
6929 Liberty Road

Randallstown, Md.
Member
Baltimore County, Md.

Bank of Maryland
Hillcrest Heights Branch
2324 Ivorson Street

Seat Pleasant, Md.
Ins.non.
Hillcrest Heights, Md.
12-15-55
Prince Georges County

Essex Trust Co,
East Lynn Office
414 Broadway

Lynn, Mass.
Lynn, Mass,
Essex County

Ins.non,

Granite Trust Co,
North Weymouth Branch
70 Sea Street

Quincy, Mass,
Weymouth, Mass,
Norfolk County

Member

National Bank of Detroit
Coolidge-Ten Mile Office
25000 Coolidge Higfotay

Detroit, Mich,
National
Huntington Woods, Mich,
12- 2-55
(P» 0, Royal Oak, Mich,)
Oakland County

Owosso Savings Bank
West Town Branch
1302 West Main Street

Owosso, Mich,
Owosso, Mich,
Shiawassee County

Ins.non.

Wayne Oakland Bank
Wayne Oakland Branch
3127 North Woodward Ave,

Royal Oak, Mich,
Royal Oak, Mich.
Oakland County

Ins.non,




Anne Arundel County, Md.

12-19-55

12- 5-55

12- 5-55
12- 8-55

12-15-55

12-12-55

12- 5-55
12- 5-55

12- 1-55

12- 1-55

Name and location of banks and branches

Class
of bank

Date of
change

Branches established de novo (ContM)
(includes branches at military and other Government establishments)
Merchants & Fanners Bank
Auto Drive-in Branch
617 - 25th Avenue

Meridian, Miss,
Meridian, Miss.
Lauderdale County

Ins.non

11-22-55

City Bank & Trust Co.
Natchez, Miss.
East End Branch
Natchez, Miss,
St, Catherine & East Franklin Streets Adams County

Ins.non,

Plainfield Trust Co.
Fanwood Branch
45 Martine Avenue South

Plainfield, N. J.
Fanwood, N, J.
Union County

Member

Broad Street National Bank
Western Office
240 Hermitage Avenue

Trenton, N, J,
Trenton, N, J,
Mercer County

National

Prudential Savings Bank
Clinton Hill Branch
418 Myrtle Avenue

Brooklyn, N, Y.
Brooklyn, N. Y,
Brooklyn County

Ins.non

First National Bank
Drive-In Office
1 West Sixth Street

Jamestown, N, Y,
Jamestown, N, Y,
Chautaugua County

National

Roosevelt Savings Bank
Avenue U Branch
2954-56 Avenue U

New York, N. Y.
New York, N. Y,
King County

Ins.non,

Citizens National Bank
East Branch
Akers Center, Wilkinson Blvd,

Gastonia, N, C,
Gastonia, N, C,
Gaston County

National

Security National Bank
Guilford College Branch
Friendly Road

Greensboro, N, C,
National
Guilford College, N C.
12-16-55
Guilford County

Peoples Bank & Trust Co.
West Office
Highway 64 & Forest Hill Ave,

Rocky Mount, N. C,
Rocky Mount, N, C.
Edgecombe County

Union Trust Co,
Boiling Springs Branch

Shelby N, C,
Ins.non,
Boiling Springs, N, C.
12-15-55
Cleveland County




12-14-55

12- 5-55

12-15-55

12-16-55

12- 1-55

11-17-55

12-19-55

Ins.non,
12-12-55

- 7and location of banks and branches

Date of
change

Class
of bank

Branches established de novo (Cont'd)
(includes branches at military and other Government establishments)
Citizens National Bank
Citizens National Auto Branch
312 Second Street

Marietta, Ohio
Marietta, Ohio
Washington County

National

First National Bank
Trenton Branch

Middletown, Ohio
Trenton, Ohio
Butler County

National

First National Bank
South-Side Office
1865 South Limestone Street

Springfield, Ohio
Springfield, Ohio
Clark County

National

National Bank of Toledo
Point Place Office
4730 Summit Street

Toledo, Ohio
Toledo, Ohio
Lucas County

National

Easton Trust Co.
College Hill Branch
51o March Street

Easton, Pa,
Eastori, Pa,
Northampton County

Member

Dauphin Deposit Trust Co.
Swatara Township Branch
Highway 322-422

Harrisburg, Pa,
Member
Swatara Township, Pa.
Dauphin County

12- 1-55

Penn Valley National Bank
Lansdale Office
N, E, Corner Fifth & Broad Streets

Hatfield, Pa,
Lansdale, Pa,
Montgomery County

National

12-12-55

Fidelity-Philadelphia Trust Co.
Marshall Road Branch
46 W, Marshall Road

Philadelphia, Pa,
Lansdowne, Pa,
Delaware County

Member

Mellon National Bank & Trust Co,
Kirwan Heights Office
State Route 519

Pittsburgh, Pa,
National
Collier Township, Pa.
12-16-55
(P. 0, Bridgeville, P^,)
Allegheny County

Tylerdale Office
995 Jefferson Avenue
Peoples Savings Bank
East Providence Office
206-208 Taunton Avenue




Washington Pa,
Washington County
Providence, R. I,
Ins.non.
East Providence, R. I.
Providence County

12- 5-55

12- 5-55

12-14-55

12- 9-55

12-19-55

12-20-55

12- 2-55

9-16-55

— 8 —

Name and location of banks and branches

Class
of bank

Date of
change

Branches established de novo (Cont'd)
(includes branches at military and other Government establishments)
Rhode Island Hospital Trust Co.
Cranston Office
624 Reservoir Avenue

Providence, R. I.
Cranston, R. I,
Providence County

Member

State Bank & Trust Co.
South Aiken Branch
Mitchell Shopping Center

Greenwood, S, C.
Aiken, S. C.
Aiken County

Ins.non.

Tennessee Valley Bank
Chapman Highway Branch
3300 Block of Chapman Highway

Knoxville, Tenn,
Knoxville, Tenn.
Knox County

Ins.non.

First American National Bank
Murfreesboro Road Branch
410 Murfreesboro Road

Nashville, Tenn.
Nashville, Tenn.
Davidson County

National

Washington Mutual Savings Bank
Ballard Branch
2029 Market Street

Seattle, Wash.
Seattle, Wash.
King County

Ins.non.

12- 2-55

12- 5-55

12-30-55

12-13-55

12- 9-55

Banks converted into branches
(See also Consolidations, absorptions, etc,)
Merchants National Bank
Loop Branch
365 Williams Street
(Formerly Loop National Bank)
Prichard Branch
128 Main Street
(Formerly Prichard National Bank)

Mobile, Ala.
Mobile, Ala.
Mobile County

National
12-30-55

Prichard, Ala.
Mobile County

12-30-55

First Western Bank & Trust Co.
Alameda Office
1364 Park Street
(Formerly Commercial National Bank)

San Franciso, Calif.
Alameda, Calif.
Alameda County

Farmers Bank of the State of Delaware
Rehoboth Office
(Formerly Rehoboth Trust Co.)

Dover, Del.
Ins.non,
Rehoboth Beach, Del.
12-31-55
Sussex County

First National Bank of Nevada
Lovelock Branch
(Formerly First National Bank)

Reno, Nev.
Lovelock, Nev.
Pershing County




Ins.non.

National

12-19-55

12-30-55

- 9Name and location of banks and branches

Class
of bank

Date of
change

Banks converted into branches (Cont?d)
(See also Consolidations, absorptions, etc.)
First National Bank
Glens Falls, N. Y,
Washington County Branch
Granville, N, Y.
6 Main Street
Washington County
(Formerly Washington County National Bank)

National

Lake County National Bank
Madison Office
63 Main Street
(Formerly Citizens Bank)

Painesville, Ohio
Madison, Ohio
Lake County

National

First National Bank & Trust Co.
Peoples Office
416 Market Street
(Formerly Peoples National Bank)

Steubenville, Ohio
Steubenville, Ohio
Jefferson County

National

Dauphin Deposit Trust Co.
Market Street Branch
1006 Market Street
(Formerly Market Street Trust Co.)

Harrisburg, Pa.
Harrisburg, Pa,
Dauphin County

Member

First National Bank
McKeesport, Pa.
Shaipgbu rg Office
Sharpsburg, Pa.
North & Main Streets
Allegheny County
(Formerly Citizens Deposit & Trust Co.)

National

12- 5-55

12-31-55

12-12-55

12-19-55

12- 5-55

Industrial Trust Co.
Rzepski Branch
136-8 W. Girard Avenue
(Formerly The Rzepski Bank)

Philadelphia, Pa,
Ins.non.
Philadelphia, Pa,
12- 5-55
Philadelphia County

Philadelphia National Bank
Hatboro Office
210-212 South York Road
(Formerly Hatboro National Bank)

Philadelphia, Pa.
Hatboro, Pa.
Montgomery County

Citizens Office
401 High Street
(Formerly Citizens National
Bank & Trust Co.)

National

Pottstown, Pa.
Montgomery County

Tradesmens Bank & Trust Co,
Philadelphia, Pa.
Member
Juniper & Market Streets Branch
Philadelphia, Pa.
Juniper & Market Streets
Philadelphia County
(Formerly Market Street National Bank)




12-12-55

12-12-55

12-31-55

— 10 —

Name and location of banks and branches

Class
of bank

Date of
change...

Banks converted into branches (Cont'd)
(See also Consolidations, absorptions, etc,)
Pennsylvania National Bank & Trust Co,
Centralia Office
(Formerly First National Bank)

Pottsville, Pa.
Centralia, Pa.
Columbia County

National

Gallatin National Bank
Jefferson Office
(Formerly First National Bank)

Uniontown, Pa.
Jefferson, Pa.
Greene County

National

First National Bank
Cameron Branch
(Formerly Bank of Cameron)

Orangeburg, S. C.
Cameron, S„ C„
Calhoun County

National

Walker Bank & Trust Co,
First Murray Branch
4920 South State Street
(Formerly First National Bank)

Salt Lake City, Utah
Murray, Utah
Salt Lake County

Member

Vermont Banlc & Trust Co.
Bennington Branch
(Formerly First National Banlc)

Brattleboro, Vt.
Bennington, Vt.
Bennington County

Member

12-16-55

12-12-55

12-31-55

12-15-55

12-31-55

Branches acquired by consolidation, absorption, etc„
Norwood Bank & Trust Go,
Acquired through succession and
will operate the branch formerly
operated by Norwood Bank & Banking
Co., Norwood, in Norfolk County.

Norwood, Mass.

Ins.non. 12- 1-55

First National Bank & Trust Co,
Acquired through consolidation and
will operate the branch formerly
operated by Peoples National Bank,
Steubenville, in Jefferson County.

Steubenville, Ohio

National 12-12-55

Philadelphia, Pa,
Industrial Trust Co.
Acquired through absorption and
will operate the branch formerly
operated by Rzepski Bank, Philadelphia,
in Philadelphia County.

Ins.non. 12- 5-55

Branches discontinued
Fidelity-Philadelphia Trust Co.
5th and Market Streets Branch
Business.of this branch transferred
to Chester Office, S. E. corner
«
5th & Market Streets, Chester.




Philadelphia, Pa.
Member
S. ¥. Corner 5th
and Market Streets
Chester, Pa.

12-19-55

!
f

|

- 1 1 -

Class
of bank

Name and location of banks and branches

Date of
change

Changes in name or location of branches
Security-First National Bank
Atlantic & Beverly Branch
Moved from

Los Angeles, Calif.

National

230 South Atlantic Blvd.
Bella Vista, Calif.
2150 South Atlantic Blvd.
Monterey Park, Calif,

Moved to
And renamed Atlantic Square Branch

12-19-55

American Trust Co.
Burlingame Office
Moved from
Moved to

San Francisco, Calif, Member
Burlingame, Calif.
1100 Burlingame Avenue
249 Primrose Road

Bank of America, N. T. & S. A.
Areata Branch
Moved from
Moved to

San Francisco, Calif. National
Areata, Calif.
12-19-55
837 H Street
697 - 8th Street

Hillcrest Branch
Moved from
Moved to
First Western Bank & Trust Co.
Irvington Central Office
Moved from
Moved to

San Diego, Calif.
406 University Avenue
737 University Avenue

Mountain View, Calif.
201 Castro Street
565 Castro Street

Hibemia Bank
Sunset Office
Moved from
Moved to

San Francisco, Calif. Ins. non.

First National Bank
Parke Street Office
Moved from
Moved to
And renamed Drive-In Branch

Aberdeen, Md.

Manufacturers National Bank
Kelly Whittier Branch
Moved from
Moved to

Detroit, Mich.




12- 5-55

San Francisco, Calif. Ins.non.
Irvington, Calif.
12-19-55
324 Broadway
104 North Broadway

Mountain View Branch
Moved from
Moved to

Redford Office
Moved from
Moved to

12- 5-55

1701 Noriega Street
1450 Noriega Street

.

National

33 Parke Street
122 West Bel Air Avenue
National

11700 Whittier
12400 Kelly Road
Redford, Mich.
15138 Beech Road
26095 Five Mile Road

12-19-55

12-19-55

12-19-55

12- 5-55

12-12-55

Date of
change.

Class
of bank.

Name and location of banks and branches

Changes in name or location of branches (Conttd)
Deposit Guaranty Bank & Trust Co.
Fondren Branch
Moved from
Moved to
And renamed -Medical Center Branch

Jackson, Miss,

First National Bank
North Jackson Branch
Moved from

Jackson, Miss.

Moved to
And renamed Old Canton Road Branch
- First National Bank
Spotswood Branch
Moved from
Moved to

Member

10-31-55

3023 North State Street
2727 North State Street

West Side
Road at
East Side
Road at
South River,
Spotswood,
482 Main
456 Main

National

12-12-55

Old Canton
Duling St.
Old Canton
Duling St.

N, J.
N, J.
Street
Street

First National Bank
Ashburton Avenue Branch
Moved from
Moved to

Yonkers, N. Y.

Farmers National Bank & Trust Co.
Lake Avenue Branch
Moved from
- Moved to

Ashtabula, Ohio

First National Bank
Foster-Powell Branch
Moved from
Moved to

Portland, Ore.

National

11-28-55

National

12-12-55

185 Ashburton Avenue
1 Saw Mill River Road
National

• 625 Lake Avenue
607 Lake Avenue
National

5700 S. E. Foster Road
3612 -S. E. 52nd Avenue

12-19-55

12-10-55

Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department
First National Trust & Savings Bank
San Diego, Calif.
National
United States Naval Air Station Facility Miramar, Calif.
12 -5-55
San Diego County
Pemberton, N. J.
National
Peoples National Bank & Trust Co.
McGuire Air Force Base Facility
McGuire Air Force Base* N. J. 12- 5-55
Mercer County