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F.R. CONFIDENTIAL v L.4.5 THIS COMPILATION IS DERIVED LARGELY FROM SECONDABY SOURCES. \ NOT AH OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. 4 1 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM .. _ "• " ' ' — July 18, CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING JUNE 1958 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Beach State Bank Panama City Beach, Fla, Bay County Ins.non. 6-26-5& Little Fort Bank & Trust Co* Waukegan, H I . Lake County Ins.non* 6-2-58 First National Bank Natick, Mass, Middlesex County National 6-30-58 Hampton National Bank Hampton,.N. H. Rockingham County National 6-30->8 Skagit State Bank Burlington, Wash* Skagit County Ins,non. 6-16-58 Nonins, 6-25-58 Ins.non* 6-2-58 Suspension . Penacook, N. H. Valley Trust Co* Consolidations, absorptions, etc, J. J. Harris & Co*, Bankers Absorbed by — First National Bank Dolores, Colo. Cortez, Colo. National White Hall Bank Absorbed by — Second National Bank White Hall, Mi. Ins.non, Towson, Mi. National American State Bank Central Trust Co. Consolidated under charter of American State Bank and title of — American Bank & Trust Co* Lansing, Mich. Lansing, Mich* Member Nonins. Mutual Bank & Trust Co, Security National Bank Savings & Trust Co* Merged under charter of Mutual Bank & Trust Co. and title of — Security-Mutual Bank & Trust Co. Lansing, Mich. 6-16—58 6-30-58 Member St. Louis, Mb* Member St* Louis, Mo* National St. Louis, Mo, v Member 6-2-58 J;> 'h • 5 Name and location of banks and branches "1 Class I of bank Date of .change Consolidations, absorptions, etc, - (ContM) Passaic-Clifton National Bank & Trust Co, Clifton, N. J. County Bank & Trust Co* Paterson, N, J, Merged under charter of County Bank & Trust Coa with title and location changed t o New Jersey Bank & Trust Co* Clifton, N. J, Plainfield National Bank Plainfield Trust Co. Consolidated under charter of Plainfield National Bank and title of — Plainfield Trust State National Bank Plainfield, N. Plainfield, N. State Trust Co* Absorbed by — Plainfield Trust State National Bank Plainfield, N. J. Central Bank & Trust Co, Lynbrook National Bank & Trust Co, . Merged under charter and title of — Central Bank & Trust Co, Great Neck, N, Y, First National Bank National Bank of Wappingera Falls Merged under charter and title of — First National Bank Poughkeepsie, N, Y. Wappingers Falls, N. Y, Huntington National Bank Market Exchange Bank Co, Consolidated under charter and title of — Huntington National Bank Columbus, Ohio Columbus, Ohio Rushville Banking Co, Absorbed by — Farmers & Citizens Bank Rushville, Ohio Oswego State Bank Absorbed by — Citizens Bank Oswego, Ore, Plainfield, N. J, Plainfield, N, J„ National Member 6-23-58 Member National Member 6-30-58 National Member 6-30-;.8 National Member Lynbrook, N. Y, Great Neck, N, Y, 6-9-58 National Member Poughkeepsie, N. Y, Columbus, Ohio Lancaster, Ohio Oswego, Ore, National National 6-9-58 National National Ins„non. 6-2-58 National Ins.non. 5-26-58 Ins.non, Ins.non, Ins.non, 6-2-58 - 3 Name and location of banks a i branches rd Date of Class .of. bank. change Consolidations, absorptions, etc, - (Cont*d) Farmers Bank Schnecksvilie State Bank Merged under charter of Farmers Bank and title of — Egypt Schnecksvilie Bank b, Pa* Schnecksvilie, Pa. Egypt, Pa. First National Bank Huntingdon, Pa. Grange Trust Co. Huntingdon, Pa. Consolidated under charter of First National Bank and title of — First-Grange National Bank Huntingdon, Pa, Member Member 6-23-58 Member National Member 6-2-58 National National First National Bank Absorbed by — National-Dime Bank Trevorton, Pa. First National Bank Hut cliings-Se aly National Bank Consolidated under charter of First National Bank and title of — First Hutchings»Sealy National Bank Galveston, Texas Galveston, Texas Farmers & Merchants Bank Absorbed by — National Bank of Commerce Deer Park, Wash, Ins.non, Seattle, Wash, National Shamokin, Pa. Galveston, Texas 6-2-55 National National National 6-30-53 National 6-30-58 Admission of State bank to Federal Reserve Membership County Bank & Trust Co, Paterson, N. J. Ins.non. 6-20-58 Withdrawals of State banks from Federal Reserve Membership Citizens Bank Follansbee, West Va. Insurance 6-3-58 continued Tobacco Exchange Bank Edgerton, Wis. Insurance 6-16-58 continued Changes in name or location of banks Farmers Exchange Bank Location changed to McCullough, Ala. Louisville, Ala, Ins.non. 6-9-58 Fidelity Title & Trust Co, Stamford, Conn, Ins.non. 6—2—58 Name changed to — Stamford Fidelity Bank & Trust Co, - 4 - Name and location of banks and branches Class of bank Date of change Changes in name or location of banks - (ContTd) First National Bank Eustis, Fla. Name changed to — First National Bank & Trust Co, National 6-30-58 Fidelity State Bank Name changed to — Fidelity Bank & Trust Co, Member 6-26-58 Citizens Savings Bank & Trust Co, Hamilton, Ohio Name changed to — Citizens Bank Ins.non, 6-16-5S Security National Bank Name changed to — First National Bank National 6-1-5£ National 6-30-53 Minneapolis, Minn, Brookings, S, D, Vermont-Peoples National Bank Brattleboro, Vt, Name changed to — Vermont National & Savings Bank Branches established de novo (Includes branches at military and other Government establishments) Valley National Bank Payson Office Phoenix, Ariz, Payson, Ariz, Gila County National 6-2-58 Luhrs Building Office One West Jefferson Street Phoenix, Ariz, Maricopa County 6-23-58 Yuma Office ICO North Main Street Yuma, Ariz, Yuma County 6-30-58 State Center Bank Kingsburg Office 1400 Draper Street Fresno, Calif, Kingsburg, Calif, Fresno County Ins.non, Security-First National Bank Victor Valley Branch Victor Valley Shopping Center Los Angeles, Calif, Victorville, Calif, San Bernardino County National Yucca Valley Branch 56185 Twentynine Palms Highway First National Bank Montclair Office 9828 Central Avenue 6-5-58 Yucca Valley, Calif, San Bernardino County Ontario, Calif. Montclair, Calif, San Bernardino County (P*0, Ontario) 6-23-58 6-l6r58 National 6-23-58 ? f - 5 Class of bank Name and location of banks and branches Date of change— Branches established de novo - (Cont'd) (includes branches at military and other Government establishments) American Trust Co, Antioch Office 1715 A Street San Francisco, Calif, Antioch, Calif, Contra Costa County Member Bank of America, N.T. & S.A. East Anaheim Branch 2032 Anaheim-Olive Road San Francisco, Calif, Anaheim, Calif, Orange County National 6-30-58 6-6-58 Shattuck-Vine Branch 1521 Shattuck Avenue Berkeley, Calif, Alameda County Beverly Hills, Calif. . Los Angeles County Los Angeles (Sun Valley),Calif. Los Angeles County I 'I 6-9-58 Roscoe-Laurel Canyon Branch 120/+1 Roscoe Boulevard i 6-25-58 Wilshire-Spaiding Branch 9800 Wilshire Boulevard $ 6-16-58 First Western Bank & Trust Co, Madera Office 225 East Yosemite Avenue San Francisco, Calif, Madera, Calif. Madera County Ins.non. Hibernia Bank Sutter-Grant Office 290 Sutter Street San Francisco, Calif, San Francisco, Calif, San Francisco County Ins.non, County National Bank & Trust Co, Montecito Office 1482 East Valley Road Santa Barbara, Calif, Montecito, Calif, Santa Barbara County (P*0, Santa Barbara) National Connecticut National Bank Brookfield Office Brookfield Shopping Center U.S. Route 7 Bridgeport, Conn, Brookfield, Conn. Fairfield County National ' Savings Bank of New Britain New Britain, Conn, Wethersfield Offj.ce Wethersfield, Conn, Silas Deane Highway and Wells Road Hartford County Nonins, 6-27-58 6-16-58 6-2-58 6-16-58 h Simsbury Bank & Trust Co, Bcwells Shopping Center Branch Bcwells Shopping Center Albany Turnpike Simsbury, Conn, Avon, Conn, Hartford County Ins.non, Trust Coupany of Georgia West End Office Atlanta, Ga, Atlanta, Ga, Fulton County Member 670 Stewart Avenue, S, W, 6-27-58 6-9-58 6-20-58 1 - 6 - 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) 03 d National Bank Highway 41 North Branch 2230 Highway 41 North Evansville, Ind. Evansville, Ind. Vanderburgh County National Merchants National Bank Southvray Branch 3700 South Madison Street Muncie, Ind. Delaware County, Ind. (P*0. Muncie) National Alexandria, La. Guaranty Bank & Trust Co. Alexandria, La. Jackson Street Branch MacArthur Drive at Jackson Street Rapides County Ins.non. Whitney National Bank Gentilly Branch 3740 Elysian Fields Avenue New Orleans, La. New Orleans, La. Orleans County . National Framingham National Bank Natick Branch 1210 Worcester Road . Framingham, Mass, Natick, Mass. Middlesex County National Cape Cod Five Cents Savings Bank Chatham Branch Main Street and Blackberry Lane Harwich Port, Mass, Chatham, Mass, Barnstable County Nonins. Holyoke National Bank Highland Branch 32 Lincoln Street Holyoke, Mass. Holyoke, Mass, Hampden County National Farmers & Merchants National Bank Benton Harbor, Mich, Fairplain, Mich. Fairplain Plaza Branch Berrien County 1715 M 139, Southeast Corner (P.O, Benton Harbor) Napier Avenue & Michigan 139 National Dearborn, Mich, Dearborn, Mich, Wayne County Member4 Ekpire State Bank Northport Branch 107 Nagonaba Street Empire, Mich. Northport, Mich. Leelanau County Ins.non. Bank of Commerce West Utica Office 2177 Auburn Road Hamtramck, Mich. . Auburnshire, Mich. Macomb County (P.O. Utica) Ins.non. Bank of Dearborn Outer Drive - Carlysle Office 22100 Outer Drive 6-2-5# 6-18-58 6-30-58 6-23-58 6-5-58 6-30-58 6-4-58 6-18-58 6-12-58 6-16-58 6-10-58 - 7 Name and location of banks and branches Class of bank Date of changg Branches established de novo - (Conttd) (includes branches at military and other Government establishments) Union Bank & Trust Co. Leonard-Walker Office 1649 Leonard Street, N. W, Member Grand Rapids, Mich. Walker Township, Mich. Kent County Camden Trust Co, Camden, N, J, Auxiliary Office Blackwood, N. . East Church Road and Pennsylvania Avenue Camden County Member New Jersey Bank & Trust Co, Paterson Savings Office 129 Market Street (Formerly head office of County Bank & Trust Co., Paterson, which moved to location of Passaic-Clifton National Bank & Trust Co., Clifton at the time it merged with that bank under charter of County Bank & Trust Co. and title shown above.) Member Clifton, N. J. • Paterson, N. J. Passaic County Plainfield Trust State National Bank Plainfield, N. J. Front Street Office Plainfield, N. J. 111 East Front Street Union County (Formerly head office of Plainfield National Bank, Plainfield which moved to location of Plainfield Trust Co. at the time it consolidated with that bank under charter of Plainfield National Bank and title shown above.) National First National Bank & Trust Co. Community Office 340 Howell's Road Bay Shore, N, Y. Town of Islip, N.Y, Suffolk County (P.O. Bay Shore) National Peninsula National Bank Imiood Office 165 Sheridan Boulevard Cedarhurst,•N.Y. Inwood, N. Y. Nassau County Garden City, N. Y. Member Garden City Park, N. Y. Nassau County 6-11-58 6-23-58 6-30-58 National Long Island Trust Co. Garden City Park Office 6-2-58 Digitized for2131 Jericho Turnpike FRASER 6-12-58 6-7-58 6-28-58 8 - Name and location of banks and branches | Class j Date of [of bank 1 change Branches established de novo - (Conttd) (includes branches at military and other Government establishments) New York, N.Y. Lincoln Savings Bank New York, N.Y. Avenue X Office Kings County Avenue X and West Second Street Central Trust Co. East Henrietta Road Office 2199 East Henrietta Road Rochester, N.Y, Henrietta, N.Y. Monroe County Winston-Salem, N.C. Wachovia Bank & Trust Co. Greensboro, N.C. Bessemer Avenue Office Guilford County Summit Avenue & Bessemer Avenue First National Bank Strasburg Station Linton, N, Dak. Strasburg, N. Dak. Bunions County Cleveland Trust Co, Cleveland, Ohio Pleasant Valley-Broaclview Branch Parma, Ohio 1125 Pleasant Valley Road Cuyahoga County Ins.non. Member Member National Member City National Bank & Trust Co, Cleveland Avenue Branch 3233 Cleveland Avenue Columbus, Ohio Columbus, Ohio Franklin County National City Bank Drive-In Branch East Erie Street Kent, Ohio Kent, Ohio Portage County Ins.non, Mogadore Savings Bank Tallmadge Branch Mogadore, Ohio Tallmadge, Ohio Summit County Member Toledo Trust Co. Heather Downs Branch Glanzman and Byrne Roads Toledo, Ohio Adams Township, Ohio Lucas County (P.O. Toledo) Member First National Bank Rockwood Branch 418 S.E, l8?th Avenue National Portland, Ore. Multnomah County, Ore, (P.O. Portland) Security Bank of Oregon Portland, Ore. St, Johns Branch Portland, Ore. N. Jersey and N, Chicago Streets Multnomah County Central-Penn National Bank City Line Office 15 Esso Road Philadelphia, Pa. Bala Cfrnwyd, Pa. Montgomery County Ins.non. 5-24-58 6-25-58 6-25-58 6-2-58 6-2-58 6-9-58 5-5-58 6-30-58 6-30-58 6-6-58 6-30-58 National 6-3-58 - 9 - 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) Western Saving Fund Society Philadelphia, Pa. Springfield Shopping Center Branch Springfield, Pa, Delaware County State and -Sproul Roads Ins.non. Member Commonwealth Trust Co. Banksville Branch 3149 Bankeville Road Pittsburgh, Pa. Pittsburgh, Pa. Allegheny County First National Bank Willow Street Office - Route 72 & Violet Avenue National Strasburg, Pa. Village of Willow Street West Lampeter Township, Pa. Lancaster County Industrial National Bank West Cranston Office 202 Atwood Avenue Providence, R. Ii Cranston, R. I. Providence County National Jamestown, R. I. Newport County Jamestown Office 23 Narragansett Avenue 6-19-58 6-27-58 6-2-58 6-2-58 6-3C-58 First National Bank County Branch Route #1 at Bluff City Highway Bristol, Tenn. National Sullivan County, Tenn. (P.O. Bristol) 6-12-58 First National Bank & Trust Co, Ruritan Road Branch 311 Ruritan Road Rockwood, Tenn. Emory Gap, Tenn. Ro.ane County National 6-20-58 Pacific National Bank Fairview Branch 2000 Fairview Avenue Seattle, Wash. Seattle, Wash, King County National Old National Bank Benton City Branch Spokane, Wash. Benton City, Wash. Benton County National 6-9-58 6-5-58 Banks converted into branches (See also Consolidations, absorptions• etc.) Second National Bank White Hall Office (Formerly White Hall Bank) American Bank & Trust Co, East Washtenaw Street Branch for 127 East Washtenaw Street FRASER (Formerly Central Trust Co.) Digitized Towson, Md. White Hall, Md. Baltimore County National Lansing, Mich. Lansing, Mich. Ingham County Member 6-16-58 6-30-58 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.) Plainfield Trust State National Bank Plainfield, N.J. State Trust Office Plainfield, N. J. 221 Park Avenue Union County (Formerly State Trust Co.) Central Bank & Trust Co, Great Neck, N. Y. Lynbrook Office Lynbrook, N. Y, 310 Middleneck Road Nassau County (Formerly Lynbrook National Bank & Trust Co.) First National Bank Wappingers Falls Branch Main & Mill Streets (Formerly First National Bank) National 6-30-58 Member 6-9-58 Poughkeepsie, N. Y. National Wappingers Falls, N.Y. Dutchess County Huntington National Bank Columbus, Ohio Market Exchange Branch Columbus, Ohio 150 East Main Street Franklin County (Formerly Market Exchange Bank Co.) National Farmers & Citizens Bank Rushville Branch (Formerly Rushville Banking Co.) 6-9-58 Ins.non. Lancaster, Ohio Rushville, Ohio Fairfield County Egypt Schnecksville Bank Egypt, Pa. Schnecksville Branch Schnecksville, Pa. 2513 Main Street Lehigh County (Formerly Schnecksville State Bank) National-Dime Bank Trevorton Branch (Formerly First National Bank) 6-2-58 5-26-58 Member 6-23-58 Shamokin, Pa. National Trevorton, Pa. Northumberland County National Bank of Commerce Seattle, Wash, Deer Park Branch Deer Park, Wash. (Formerly Farmers & Merchants Bank) Spokane County 6-2-58 National 6-30-58 Branches acquired by consolidation, absorption, etc. New Jersey Bank & Trust Co. Acquired through merger and will operate the four branches formerly operated by PassaicClifton National Bank & Trust. Co., Clifton, in Passaic County, Clifton, N. J, Member 6-23-58 11 - Name and location of banks and branches Class of bank. Date of change Branches acquired by consolidation, absorption, etc. - (Conttd) Plainfield Trust State National Plainfield, N. J. Bank Acquired through consolidation and will operate the branch formerly operated by Plainfield Trust Co., Plainfield, in Union County; also acquired through absorption and will operate the branch formerly operated by State Trust Co., Plainfield, in Union County. National 6-30-58 Branches discontinued First Western Bank & Trust Co. California Exposition Building Branch San Francisco, Calif. Ins.non. Brooklyn Savings Bank Montague Street Branch New York, N. Y. 191 Montague Street New York, N. Y. Ins.non. First National Bank Broadway Branch Woodridge, N. Y. 35 Broadway Woodridge, N. Y. National 920 Fallon Avenue Oakland, Calif. 5-26-58 6-16-58 6-6-58 Changes in name or location of branches Valley National Bank ^Tucson Branch Name changed to — Tucson-Downtown Office Phoenix, Ariz. National 2 East Congress Street Tucson, Ariz. California Bank North Hollywood Office Los Angeles, Calif, Los Angeles (North Hollywood), Calif. 5223 Lankershim Boulevard 5125 Lankershim Boulevard Moved from Moved to 6—20—58 Member 6-30-58 Wilshire-Shatto Office Los Angeles, Calif, 6-23-58 Moved from 3143 Wilshire Boulevard Moved to 3348 Wilshire Boulevard and renamed — Wilshire-Catalina Office *This change was reported to the Federal Reserve Bank on the date given; the for FRASER date on which the change occurred was not given. Digitized - 1 2 - Name and location of banks and branches Class of bank Date of change Changes in name or location of branches - (Cont'd) Security-First National Bank Tulare Branch Moved from Moved to Los Angeles, Calif. National Tulare, Calif. 144 East Tulare Street 246 East Tulare Street Bank of America, N.T, & S.A. Claremont Branch Moved from San Francisco, Calif. National Claremont, Calif. Second Street & Yale Avenue 339 Yale Avenue Moved to 6-30-58 6-30-58 Sepulveda-Jefferson Branch Moved from Moved to Culver City, Calif. 5565 Sepulveda Boulevard 5541 Sepulveda Boulevard 6-9-58 *Mojave Branch Changed from Changed to Mojave, Calif. 362 K Street 15872 K Street 6-12-58 San Rafael Branch Moved from Moved to San Rafael, Calif. 1304 Fourth Street 1201 Fifth Avenue 6-30-58 Crocker-Anglo National Bank 20th Avenue-Geary Office Moved from Moved to San Francisco, Calif, San Francisco, Calif. 5509 Geary Boulevard 5600 Geary Boulevard National Wells Fargo Bank Hayward Office Moved from Moved to San Francisco, Calif. Hayward, Calif. 1124 B Street 1172 A Street Member Union Trust Co. of Maryland Westport Office Moved from Moved to Baltimore, Ml. Baltimore, Md, 2219 Annapolis Road 2301 Russell Street Member Brookline Savings Bank Coolidge Corner Branch Moved from Moved to Brookline, Mass Brookline, Mass, 275 Harvard Street 1340 Beacon Street Ins.non. City Bank Oak Park Branch Moved from Moved to Detroit, Mich. Member Oak Park, Mich. 13701 West Nine Mile Road 13401 West Nine Mile Road 6-30-58 6-16-58 6-9-58 ^ 6-30-58 6-2-58 * This change is due to renumbering of street and does not represent any change in the actual location. - 13 Name and location of banks and branches Class of bank Date of change Changes in name or location of branches - (cont*d) Union Comity Savings Bank North Broad St. Office Moved from Moved to (The head office changed location from 61 Broad Street to 320 North Broad Street). Elizabeth, N. J, Ins.non, Elizabeth, N. J, 320 North Broad Street 6l Broad Street 6-16-58 National Commercial Bank & Trust Co. Dannemora Branch Moved from Moved to Albany, N, Y. National Dannemora, N. Y. 119 Cook Street 93 North Emmons Street 6-16-58 Franklin National Bank of Long Island Herricks Road Office Moved from Moved to Franklin Square, N. Y. Mineola, N. Y, 288 Herricks Road 520 Jericho Turnpike National 6-28-58 Meadow Brook National Bank of Nassau CountyIsland Park Office Moved from Moved to West Hempstead, N. Y. Island Park, N. Y. 312 Long Beach Road 79 Long Beach Road National Philadelphia, Pa. Levittovm, Pa, 7010 NeviportvilleFallsington Road 6902 NewportvilleFallsington Road Member Seattle, Wash. Clarkston, Wash. 847 Sixth Street 748 Sixth Street National Fidelity-Philadelphia Trust Co. •frLevittovm Office Changed from Changed to National Bank of Commerce Clarkston Branch Moved from Moved to Capita]. Branch Name changed to — Olympia Branch 402-4 Capital Way Olympia, Wash. 6-9-58 6- -58 6-30-58 6—10—58 *This change is due to a change in address and does not represent any change in the actual location. - 14 - 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 Marine Corp Air Facility Jacksonville, N. C. Jacksonville, N, C, Onslow County National Farmers National Bank Limited Banking Facility Sparta, Wis. Camp McCoy, Wis, Monroe County National 6-19-58 6-2-58 Facility discontinued Bank of America, N,T, & S.A. Parks Air Force Base Facility San Francisco, Calif, Camp Parks, Calif, National 6-30-58 Revision of previous report The statement covering the month of May 1958 listed the closing of the Exchange Bank of Clayton, W, W, Cooke & Co,, Bankers, Clayton, Michigan, as a "suspension'! effective May 27, On the basis of later advice the closing of this bank has been changed to the category of "other liquidations."