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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