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1 P. %. CONFIDENTIAL THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF,CHANGES IN THE BANKING STRUCTURE. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.4.5 July 18, 1957 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JUNE Name and location of banks and branches Class of bank Date of. change New banks (except successions and conversions) Peoples Bank Aurora, Colo, Adams County Nonins, 6-27-57 Englewood Bank Englewood, Fla. Sarasota County Ins.non. 6-21-57 Citizens Bank of Broward County Hollywood, Flae Broward County Ins.non. 6- 3-57 Rochelle State Bank Rochelle, 111. Ogle County Ins. noii, 6-21-57 Guaranty Bank & Trust Co, New Roads, La. Ins.non. Pointe Coupee County Chelsea Morris Plan Bank & Banking Co. (Organized to succeed Chelsea Morris Plan Company) Chelsea, Mass. Suffolk County Nonins, 2-21-57 Great Lakes Commerce Bank Mentor, Ohio Lake County Ins.non. 6-15-57 Blue Ridge Bank Walhalla, S. C„ Oconee County Ins.non. 6-17-57 Bank of Ben Lomond Ogden, Utah Weber County Ins.non, 6-20-57 Bear River State Bank Tremonton, Utah Box Elder County Nonins. 6-15-57 National 6-20-57 6-29-57 Suspension Del Rio National Bank (For July, this statement will report this bank as reopening on July 3, 1957) Del Rio, Texas -2- Name and location of banks and branches Class of bank Date of change Member Ins.non. 6-24"57 Consolidationst absorptions. etc. California Bank Norwalk Commercial & Savings Bank Merged under charter and title of — California Bank Los Arigeles, Calif. Norwalk, Calif. Trust Company of Old Greenwich Stamford Trust Co. Merged under charter and title of — Stamford Trust Co. Old Greenwich, Conn. Stamford, Conn. Ins.non. Ins.non. Statiford, Conn. Ins.non. . Wanamaker State Bank Absorbed by — American Fletcher National Bank & Trust Co. Los Angeles, Calif. Wanamaker, Ind. Indianapolis, Ind. Member 6- 3-57 Ins.non. 6- 3-57 National Bank of Upton Absorbed by — First-Hardin National Bank Upton, Ky. Andover & Merrimack National Bank Methuen National Bank Consolidated under charter of Andover & Merrimack National Bank and title of — Merrimack Valley National Bank Haverhill, Mass. Methuen, Mass. Haverhill, Mass. National Newton Centre Savings Bank Newton Savings Bank Merged under charter and title of — Newton Savings Bank Newton Center, Mass. Newton, Mass. Nonins, Nonins. Elizabethtown, Ky, Newton, Mass. Grand Haven State Bank Grand Haven, Mich. Ravenna State Bank Ravenna, Mich. Consolidated under charter of Grand Haven State Bank and title of — Security First Bank & Trust Co. Grand Haven, Mich. National State Bank Elizabeth, N. J. First National Bank & Trust Co. Summit, N. J. Consolidated under charter of National State Bank of Elizabeth and title of — National State Bank, Elizabeth Elizabeth, N. J, Ins0non. 6-15-57 National ; National National 6-17-57 6- 3-57 Nonins, Member Ins.non, 6- 1-57 Member National National National 6- 3-57 -3Name and location of banks and branches Class of bank Date of change Member Ins.non, 6-15-57 Consolidations, absorptions, etc. (Cont'd) Canaseraga State Bank Canaseraga, N. Y, First Trust Co, Wellsville, N. Y. Merged under charter of First Trust Co. and title of — First Trust Co* of Allegany County Wellsville, N, Y, College Point National Bank Trust Company of North America Merged under charter of Trust Company of North America and title of — Bank of North America New York, N. Y. New York, N. Y, Ins.non. National Ins.non. New York, N, Y. Ins.non, First National Bank First National Bank Consolidated under charter and title of — First National Bank Sparkill, N. Y. Spring Valley, N. Y. National National First National Bank & Trust Co. Transylvania Trust Co. First National Bank Consolidated under charter and title of — First National Bank & Trust Co. Asheville, N. C. Brevard, N, C. Waynesville, N. C, First National Bank Miners National Bank Merged under charter and title of — Miners National Bank Ashley, Pa. Wilkes-Barre, Pa. 6-13-57 6-24-57 Spring Valley, N. Y. National Asheville, N. C, Wilkes-Barre, Pa. National Ins.non. National y 6-24-57 National National National 6-17-57 National Withdrawal of State Bank from Federal Reserve Membership Pleasant Hill Bank Pleasant Hill, Mo. Insurance 6- 5-57 continued Changes in name or location of banks Dealers & Growers State Bank Name changed to — Florida Dealers & Growers Bank Jacksonville, Fla. Ins.non. 5-31-57 -4Class of bank Name and location of banks and branches Date of change Changes in name or location of banks (Centyd) State Savings .Bank Name changed to — State Bank & Trust Co, Ann Arbor, Mich. Member 6-17-57 Peoples Bank Name changed to — Peoples Bank & Trust Co, Dayton, Ohio Member 5-21-57 Farmers & Merchants National Bank Name changed to — First National Bank Abilene, Texas National 6-28-57 First State Bank Name changed to — Bank of the Mainland LaMarque, Texas Member 6- 7-57 Texas State Bank Name changed to — American Bank of Commerce Victoria, Texas Ins,non, 6-17-57 Branches established de novo (includes branches at military and other Government establishments) First National Bank of Arizona Casa Grande Office 423 North Florence Street Phoenix, Ariz. Casa Grande, Ariz. Pinal County Citizens National Trust & Savings Bank Redlands Office 220 Ee State Street Riverside, Calif. National Redlands, Calif. San Bernardino County 6-17-57 Bank of America, N.T. & S.A. World Trade Center Branch 114 World Trade -Center Ferry Building San Francisco, Calif. National San Francisco, Calif. San Francisco County 6-17-57 National 6- 3-57 Irvington Branch 301 North Broadway Irvington, Calif. Alameda County 6-17-57 Lemoore Branch 414 D Street Lemoore, Calif. Kings County 6-17-57 First Western Bank & Trust Co. Castro Valley Office 8069 Castro Valley Blvd. San Francisco, Calif. Ins.non. Castro Valley, Calif. Alameda County 6-28-57 -5- 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) First Western Bank & Trust Co.(cont'd) Crescent City Office 936 Third Street Fresno Tower Office 750 East Olive Street San Francisco, Calif. Ins.non. Crescent City, Calif. Del Norte County 6- 7-57 6-28-57 Fresno, Calif. Fresno County First National Bank Civic Center Office 1095 North First Street San Jose, Calif. San Jose, Calif, Santa Clara County County Bank of Santa Cruz Boulder Creek Office Santa Cruz, Calif. Member Boulder Creek, Calif. Santa Cruz County 6-24-57 Pajaro Valley Bank " Freedom Office 1501 Freedom Blvd. Watsonville, Calif, Ins„non. Freedom Village, Calif. Santa Cruz County (P.O. Watsonville) 6- 3-57 North Side Bank & Trust Co. Farmington Avenue Branch 825 Farmington Avenue Bristol, Conn, Bristol, Conn. Hartford County Ins.non. 6-21-57 Mechanics Savings Bank Park Street Branch 744 Park Street Hartford, Conn, Hartford, Conn. Hartford County Nonins. Fidelity Bank & Trust Co. Southeastern Branch 3000 Southeastern Avenue Indianapolis, Ind. Indianapolis, Ind. Marion County Member Merchants National Bank & Trust Co. Glendale Office 2113 Broad Ripple Avenue Indianapolis, Ind. Indianapolis, Ind. Marion County National Bank of Commerce & Trust Co. North Parkerson Avenue Branch North Parkerson Avenue (Formerly head office of Bank of Commerce & Trust Co. which moved from North Parkerson Avenue to 326 North Avenue G). Crowley, La. Crowley, La. Acadia County Ins.non. National 6-17-57 6-12-57 6-26-57 6-17-57 4-23-57 -6— Name and location of banlcs and branches Class of bank Date of change Branches established de novo (Cont*d) (includes branches at military and other Government establishments) First National Bank Bond Street Branch 9 South Bond Street Bel Air, Md. Bel Air, Md. Harford County National Second National Bank Cresaptown Branch Cumberland, Md. Cresaptown, Mi. Allegany County National Nicodemus National Bank Virginia Avenue Branch 2200 Virginia Avenue Hagerstown, Mi. Halfway, Md. Washington County (P.O. Hagerstown) National Bank of Silver Spring Wheaton Office 2411 University Blvd. West Silver Spring, Mi. Silver Spring, Md. Montgomery County Ins.non. Haverhill National Bank Bradford Office 55 South Main Street Haverhill, Mass. Haverhill, Mass, Essex County National Citizens Commercial & Savings Bank Richfield at Center Roads Branch 3848 Richfield Road Flint, Mich, Flint, Mich. Genesee County Member Oceana County Savings Bank New Era Office 4683 N. First Street Hart, Mich. New Era, Mich. Oceana County Ins.non. Citizens Bank Broadway Drive Branch Office Broadway Drive & Corinne Street Hattiesburg, Miss. Hattiesburg, Miss. Forrest County Member Camden Trust Co. Auxiliary Office 9-11-15-17 Chestnut Street Camden, N. J. Haddonfield, N. J, Camden County Member Citizens National Bank Roxbury Office Route #10 & Richard Avenue Netcong, N. J. Succasunna, N. J. Township of Roxbury Morris County National Chase Manhattan Bank 170th Street Branch 121 East 170th Street New York, N. Y, New York, N. Y. Bronx County Member 6-24-57 6-10-57 6-10-57 6- 3-57 3-57 6-27-57 6-10-57 6-20-57 6-17-57 6- 3-57 6- 3-57 % i -7Name and location of banks and branches Class of bank Date of change. Branches established de novo (Cont*d) (Includes branches at militaiy and other Government establishments) New York Trust Co. Fifty-Ninth Street Office 650 Madison Avenue New York, N, Y. New York, N. Y. New York County Member National Bank of Alamance West Drive-In Branch 701 West Rim Street Graham, N. C, Graham, N. C„ Alamance County National State Bank & Trust Co, Washington Street Drive-In Branch Greenville, N. C, Greenville, N. C. Pitt County Ins.non. National Bank of Lumberton Third Street Branch installment Loan Office 112 West Third Street Lumberton, N. C, Lumberton, N. C. Robeson County National Surry County Loan & Trust Co, Franklin Street Branch Franklin Street Mount Airy, N. C. Mount Airy, N. C. Surry County Ins.non, Union Commerce Bank Drive-In Branch Carman Alley & Bridge Street Cleveland, Ohio Berea, Ohio Cuyahoga County Member Maple Heights Branch Turney & Dunham Roads 6-12-57 6-10-57 6-12-57 6-18-57 6- 3-57 6-24-57 Maple Heights, Ohio Cuyahoga County First National Bank Amherst Office 450 Lake Avenue, N. E„ Massillon, Ohio Massillon, Ohio Stark County National First State Bank Wallowa Branch City Hall Building Elgin, Ore. Wallowa, Ore. Wallowa County Ins,non. Portland Trust Bank East Side Branch 2021 N, E, Sandy Blvd. Portland, Ore. Portland, Ore. Multnomah County Member Beliefonte Trust Co, Pleasant Gap Branch West College Avenue Bellefonte, Pa. Pleasant Gap, Pa. Centre County Ins.non. 6-24-57 6-24-57 6-15-57 6-26-57 6-10-57 -Si- Name and 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) First National Bank Airport Office 4645 West Lake Road Erie, Pa, National Millcreek Township, Pa. Erie County- 6- 6-57 Philadelphia Saving Fund Society Manoa Office Manoa Shopping Center West Chester Pike & Eagle Road Philadelphia, Pa, Havertown, Pa, Delaware County Ins0non. 6-27-57 Western Saving Fund Society Levittown Shopping Center Office 713-715 Levittown Shopping Center Philadelphia, Pa, Levittown, Pa, Bucks County Ins.non. Pawtucket Institution For Savings Newport Avenue Branch 265 Newport Avenue Pawtucket, R. I, Pawtucket, R, I, Providence County Ins.non, First National Bank Grand Strand Branch Jfyrtle Beach, S, C, National Ocean Drive Beach, S. C. Horry County First National Exchange Bank Melrose Branch 4202 Melrose Avenue, N, W. Roanoke, Va. Roanoke, Va, Independent City National National Bank of Washington Mabton Branch Tacoma, Wash, Mabton, Wash, Yakima County National 6-28-57 4- 8-57 6-28-57 6-28-57 6-24-57 Banks converted into branches (See also Consolidations. absorptions, etc.) California Bank Norwalk Office 13926 South San Antonio Drive (Formerly Norwalk Commercial & Savings Bank) Los Angeles, Calif, Norwalk, Calif, Los Angeles County Stamford Trust Co. Old Greenwich Office 200 Sound Beach Avenue (Formerly Trust Co, of Old Greenwich) Stamford, Conn, Ins.non, Old Greenwich, Conn, Fairfield County Member 6-24-57 6- 3-57 -9- Name and location of banks and branches Class of bank Date of change Banks converted into branches (ContM) (See also Consolidations, absorptions, etc.) American Fletcher National Bank & Trust Co. Wanamaker Office (Formerly Wanamaker State Bank) Indianapolis, Ind. Wanamaker, Ind, Marion County National First-Hardin National Bank Upton Branch (Formerly Bank of Upton) Elizabethtown, Ky. Upton, Ky. Hardin County National Merrimack Valley National Bank Methuen Office Merrill S. Gaunt Square (Formerly Methuen National Bank) Haverhill, Mass. Methuen, Mass. Essex County National Newton, Mass. Nonins. Newton Savings Bank Newton Center, Mass, Newton Center Office Middlesex County 103 Union Street (Formerly Newton Cent 1 6 Savings Bank) ^ Security First Bank & Trust Co. Branch Office 12409 Stafford Street (Formerly Ravenna State Bank) Grand Haven, Mich, Ravenna, Mich. Muskegon County Member National State Bank Summit Office 1 Maple Street (Formerly First National Bank & Trust Co.) Elizabeth, N. J. Summit, N. J, Union County National New York, N. Y. Bank of North America New York, N. Y. College Point Office Queens County 14-15 122nd Street (Formerly College Point National Bank) Ins.non. First National Bank Sparkill Office Main Street (Formerly First National Bank) Spring Valley, N. Y. Sparkill, N. Y, Rockland County National First Trust Co. of Allegany County Canaseraga Office ^ 2 East Main Street ' (Formerly Canaseraga State Bank) Wellsville, N. Y. Canaseraga, N. Y. Allegany County Ins.non. 6- 3~57 6-15-57 6-17-57 6- 3-57 6- 1-57 6- 3-57 6-13-57 6-24-57 6-15-57 -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,) First National Bank & Trust Co. Brevard Office 73 West Main Street (Formerly Transylvania Trust Co.) Waynesville Office 302 Main Street (Formerly First National Bank) Miners National Bank Ashley Branch 23 North Main Street (Formerly First National Bank) Asheville, N. C, Brevard, N. C. Transylvania County National 6-24-57 Waynesville, N. C, Haywood County Wilkes-Barre, Pa. Ashley, Pa. Luzerne County 6-24-57 National 6-17-57 Branches acquired by consolidation, absorption,, etc. Stamford Trust Co, Acquired through merger and will operate the branch formerly operated by Trust Company of Old Greenwich, Old Greenwich, in Fairfield County, Stamford, Conn, Ins.non, Merrimack Valley National Bank " Acquired through merger and will operate the branch formerly operated by Methuen National Bank, Methuen, in Essex County, Haverhill, Mass, National Miners National Bank Acquired through merger and will operate the branch formerly operated by First National'Bank, Ashley, in Luzerne County, Wilkes-Barre, Pa, National 6- 3-57 6-17-57 6-17-57 Branches discontinued Farmers Trust & Savings Bank Gillett Grove Branch Spencer, Iowa Gillett Groye, Iowa Ins.non, Beverly Savings Bank Elliott Street Branch Beverly, Mass, 161 Elliott Street Nonins, Provident Tradesmens Bank & Trust Co, 4th & Chestnut Street Branch Philadelphia, Pa, 409 Chestnut Street Member 6-15-57 6-27-57 6-21-57 Name and location of banks and branches Class of bank Date of change Changes in name or location of branches Bank of America, N.T, & S,A. Anderson Branch Moved from Moved to Lawndale Branch Moved from Moved to First National Bank Chattahoochee Branch Moved from Moved to San Francisco, Calif• National Anderson, Calif. 1705 East Center Street 2110 North Street 6-17-57 Lawndale, Calif, 16719 Hawthorne Blvd. 2225 Hawthorne Blvd. Redondo Beach, Calif, Atlanta, Ga, National Atlanta, Ga. 1070 New Chattahoochee Ave. N. W. 1071 Chattahoochee Ave. N. W, Lincoln Bank & Trust Co, Iroquois Branch Moved from Moved to Louisville, Ky. Member Louisville, Ky, 5314 South Third Street 5610 South Third Street Rockland Trust Co, Cohasset Branch Moved from Moved to Rockland, Mass. Ins.non, Cohasset, Mass, 48 South Main Street 2 Stagecoach Way Manufacturers & Traders Trust Co, Central Park Office Moved from Moved to Buffalo, N. Y. Buffalo, N. Y. 2658 Main Street 2 Parker Avenue Member Marine Trust Co, of Western New York Broadway Branch Moved from Moved to and renamed Broadway Market Office Buffalo, N. Y. Buffalo, N. Y, 1067 Broadway 995 Broadway Member First National Bank Corvallis Branch Moved from Moved to Portland, Ore, National Corvallis, Ore, 143 South Second Street 235 Monroe Street Seattle, Wash* National Burien, Wash, 15218 First Avenue South 230 S.W. 152nd Street Seattle-First National Bank Burien Branch Moved from Moved to 6-10-5? I 6-28-57 6- 4-57 5-29-57 6- 3-57 6-20-57 6- 1-57 6- 3-57 -12- Name and location of banks and branches Class of bank Date of change Banking facilities established at military and other Government establishments through arrangements made by Treasury Department First National Bank of Southern Maryland Military Air Transport Service Headquarters Bldg. Victoria National Bank Foster Air Force Base Facility Upper Marlboro, Mi, National Andrews Air Force Base Andrews Field, Md. Prince Georges County Victoria, Texas Victoria, Texas Victoria County National 6-13-57 6- 3-57 Change in name of branch or office at military reservation Clovj.s National Bank Clovis Air Force Base Facility Name changed to Cannon Air Force Base Facility Clovis, N. Mex. Clovis, N. Mex, National 6- 8-57 I I I J ?
