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THIS
' C0NFIDENTIA3™ M

O ^ C x A i ^ r u * ! u ^ u A ^ o la.

•Xo&tt

Li8^RY

BOARD OF GOVERNORS OF THE FEDERAL RESERVE I SVSpM^ g
L.lf.5

v< r
; 'WLyj 19, 1950
I
CHANGES IN STATUS OF BANKS AND BRANCHES AS REP0fi(CEirDDRIHG--«re$ffl~.!L95O

Name and location of banks and branches

Class of bank

Date of
change

New banks
(except successions and conversions)
Metropolitan State Bank

Derby, Colorado

Ins. nonmem.

6- 3-50

Middle Park Bank
(Organized to succeed Middle
Park Industrial Bank)

Grariby, Colorado

Noninsured

6-20-50

St. Simons State Bank

St. Simons Island, Ga.

Ins. nonmem.

6- 1-50

Bank of North Idaho

Priest River, Idaho

Ins. nonmem.

6-16-50

Security State Bank

Brookfield, Missouri

Ins. nonmem.

6-17-50

Drakes Branch, Va.

Ins. nonmem.

6- 5-50

Noninsured

6-30-50

v/1
Bank of Charlotte County

Successions and.conversions
Monitor Bank
(Unincorporated bank)
Converted to —
The Monitor Bank

Big Prairie, Ohio
Big Prairie, Ohio

Noninsured

Voluntary liquidations
(except incident to absorptions, successions, etc.)
Nevinville Savings Bank

Nevinville, Iowa

Noninsured

6- I-50

Beaumont, California
Bellflower, California
Corcoran, California
Crockett, California
Crows Landing, Calif.
Delano, California
Fairfield, California
Garden Grove, Calif.
Los Altos, California
Los Angeles, Calif.

Member
National
National
Ins. nonmem.
National
National
National
National
National
Ins. nonmem.

6-24-50
(Close of
business)

Moorpark, California
Newman, California
Pasadena, California
San Andreas, Calif.

Ins. nonmem.
Member
Member
Ins. nonmem.

Consolidations, absorptions, etc.
*Bank of Beaumont
*First National Bank
•First National Bank
•Bank of Pinole
•First National Bank
•First National Bank
•First National Bank
•First National Bank
•First National Bank
•Farmers & Merchants Bank of Watts
•American Commercial & Savings
Bank
•Bank of Newman
•First Trust & Savings Bank
•Central Bank of Calaveras

•Business acquired by Bank of America, N.T. & S.A., San Francisco, California.
Status of

 •ggmnos AHyoHooas


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Name and location of banks and branches

Class of bank

Date of
change

Consolidations, absorptions, etc. (Cont'd)
•First National Bank
San Jacinto, Calif.
National
•First Savings Batik
Ins. nonmem.
San Jacinto, Calif.
•First National Bank
National
Santa Ana, Calif.
•First National Trust & Savings
Bank
Santa Barbara, Calif.
National
•Bank of Tehachapi
Tehachapi, Calif.
Ins. nonmem.
•Temple City National Bank
Temple City, Calif.
National
•First National Bank
Turlock, California
National
•First National Bank
Weed, California
National
First National Bank
Absorbed b y —
Idaho First National Bank

Kellogg, Idaho

Central National Bank
Central Trust Company
These two banks consolidated
under charter of Central
National Bank and under
title of—Central National Bank &
Trust Company

Topeka, Kansas
Topeka, Kansas

State Bank of Augusta
Absorbed b y Industrial State Bank

Augusta, Michigan

Orange First National Bank
Absorbed b y —
National State Bank

Orange, New Jersey

Peoples Bank and Savings Company
Absorbed by-Atlas National Bank

Cincinnati, Ohio

Boise, Idaho

Topeka, Kansas

Kalamazoo, Mich.

Newark, New Jersey

Cincinnati, Ohio

National

6-19-50

National
National
Noninsured

6-30-50

National
Ins. nonmem.

6- 6-50

Member
National

6- I-50

National
Member

6-26-50

National

Changes in name or location
Bloomfield Savings Institution
Name changed to—
Bloomfield Savings Bank

Bloomfield, New Jersey

Ins. nonmem.

6-14-50

Niagara National Bank
Name changed t o First National Bank

Buffalo, New York

National

6-30-50

•

Business acquired by Bank of America, N.T. & S.A., San Francisco, California.
Status of these transactions is in litigation.




- 3 Name and location of banks and branches

Class of bank

Broaches established
(excluding offices at military reservations but including
batiks converted into branches)
Security Trtiet & Savings Bank
San Diego, Calif,
Member
Carlsbad Branch
Carlsbad, Calif.
(De novo)
*
United States National Bank
National
San Diego, California
Pacific Beach Office
1135 Garnet Avenue
(De novo)

Date of
change

6-30-50
6-26-50

Bank of America, N.T. & S.A., San Francisco, California, established the following branches presumably to acquire the business of the banks shown] however,
the status of these transactions is in litigation.
Beaumont Branch
(Formerly Bank of Beaumont)

Fifth and Egan Streets
Beaumont, California

6-26-50

Bellflower Branch
16537 South Bellflower Blvd.
> Bellflower, Calif.
(Formerly First National Bank)

6-26-50

Corcoran Branch
1045 Whitley Avenue
(Formerly First National Bank)
\ Corcoran, California

6-26-50

Crockett Branch
(Formerly Bank of Pinole)

6-26-50

891 Loring Avenue
Crockett, California

Crows Landing Branch
Fifth & G. Street
(Formerly First National Bank)
Crows Landing, Calif.

6-26-50

Delano Branch
822 Main Street
Delano, California
(Formerly First National Bank)

6-26-50

Fairfield Branch
730 Texas Street
(Formerly First National Bank)
Fairfield, Calif.

6-26-50

Garden Grove Branch
12975 South Euclid Ave.
Garden Grove, Calif.
(Formerly First National Bank)

6-26-50

Los Altos Branch
First and Main Streets
(Formerly First National Bank)
Los Altos, Calif.

6-26-50

Watts Branch
1671 East 103rd Street
(Formerly Farmers and Merchants Los Angeles, Calif.
B
Bank of Watts)

6-26-50.

Moorpark Branch
(Formerly American Commercial
and Savings Bank)

lUl High Street
Moorpark, Calif.

6-26-50

Newman Branch
(Formerly Bank of Newman)

9^5 Fresno Street
Newman, California

6-26-50

Pasadena Main Office
(Formerly First Trust and
Savings Bank)

587 East Colorado Street
Pasadena, California

6-26-50




Name and location of banks and branches

Class of bank

Date of
Change

Branches established (Cont'd)
(excluding offices at military reservations but including banks converted into branches)
Bank of America N.T. & S.A. (Cont'd)
San Andreas Branch
Main Street
(Formerly Central Bank of
San Andreas, Calif.
Calaveras)

6-26-50

San Jacinto Branch
(Formerly First National Bank
& First Savings Bank)

102 West Main Street
San Jacinto, Calif.

6-26-50

First National Office
(Formerly First National Bank)

102 West Fourth Street
Santa Ana, Calif.

6-26-50

First National Office
(Formerly First National Trust
and Savings Bank)

901 State Street
Santa Barbara, Calif.

6-26-50

Tehachapi Branch
(Formerly Bank of Tehachapi)

Ill East F Street
Tehachapi, Calif.

6-26-50

Temple City Branch
(Formerly Temple City National
Bank)

2201 East Las Tunas Drive
Temple City, Calif.

6-26-50

Main-Broadway Branch
(Formerly First National Bank)

201 West Main Street
Turlock, Calif.

6-26-50

Weed Branch
(Formerly First National Bank)

Tebbs Street and Railroad Ave.
Weed, Calif.

6-26-50

New London City National Bank
Niantic Branch
(De novo)

New London, Connecticut National
Niantic, Connecticut

6- 7-50

Fourth National Bank
Thirteenth Street Office
(De novo)

Columbus, Georgia
National
1326 Thirteenth Street

6-30-50

Merchants and Mechanics Bank
Five points Branch
(De novo)

Columbus, Georgia
Member
17th Street & 13th five.

6-15-50

z

Fidelity Trust Company
Baltimore, Maryland
Mem
Friendship International Airport
Branch Office
Administration Building
(De novo)
at Friendship International Airport, Anne
Arundel County, Md.




6-24-50

- 5 and location of banks and branches

Class of Bank

Date of
change

Branches established (Cont'd)
(excluding offices at military reservations but including banks converted into branches)'
Oceana County Savings Bank
Pentvater Branch
\De novo)

Hart, Michigan
Pentwater, Mich.

Ins. nonmem
5-25-50

Industrial State Bank
Kalamazoo, Mich.
Augusta Branch
Augusta, Mich.
(Formerly State Bank of Augusta)

Member

Roscommon State Bank
Mio Branch
(De novo)

Roscommon, Mich.
Mio, Michigan

Ins. nonmem.

First National Bonk
West Milford Seasonal Agency
(De novo)

Bloomingdale, N. J:
West Milford, N. J.

National State Bank
Orange Office
(Formerly Orange First
National Bank)

Newark, N. J.
282 Main Street,
Orange, N. J.

Franklin National Bank
Levittovm Office
(De novo)

Frank! in Square, N. Y. National
29^3 Hempstead Turnpike
Levittown, N. Y.

Corn Exchange Bank Trust Company
Riverdale Branch
(De novo)

New York, New York
Member
37^1-^5 Riverdale Ave.

6- 1-50

Dime Savings Bank
Coney Island Office
(De novo)

Brooklyn, New York
Ins. nonmem.
2521-2525 Mermaid Ave.

6-16-50

New York Trust Company
Seventh Avenue Office
(De novo)

New York, New York
Member
Seventh Ave. & ThirtyNinth Street.

6- 6-50

6-26-50
. National
6-15-50
National

Peoples National Bank and Trust Co. White Plains, N. Y.
Valhalla Office
22 Broadway
(De novo)
Valhalla, N. Y.

6-17-50

6-19-50

National

Security National Bank
Eugene Street Branch
(De novo)

6- 1-50

National




Greensboro, N. C.
330 North Eugene St.

6-28-50

6-15-50

- 6

-

Name and location of tanks and branches

Class of bank

Date of
change

Branches established (Cont'd)
(excluding offices at military reservations but including banks converted into branches)
Atlas National Bank
Cincinnati, Ohio
201 West Fourth St.
Peoples Fourth Street Branch
(Formerly Peoples Bank & Savings Co.)

National
6-26-50

City National Bank & Trust Co.
Olentangy Branch
(De novo)

Columbus, Ohio
National
124-5 Olentangy River Rd.

National City Bank
Waldo Branch
(Be novo)
York Trust Company
Lincoln Way Branch
(De novo)

Marion, Ohio
Waldo, Ohio

Industrial Trust Company
Broad Street Branch
(De novo)
First National Bank of South
Carolina
Market Branch
(De novo)
First National Bank
Drive-In Branch
(De novo)

National

York,Pennsylvania
Member
Lincoln Way East,
Springettebury Townsship, Pennsylvania

6- 5-50

6-10-50
6- I-50

Providence, R. I.
Member
375 Broad Street
Central Falls, R. I.

6-16-50

Columbia, S. C.
Pearce-Young-Angel
Building, corner of
Stadium & Key Roads

National
6-19-50

Memphis, Tennessee
224 Madison Avenue

National
6-28-50

Branches or offices established at military reservations
(including "banking facilities" provided through arrangements
made by Treasury Department)
Bank of America N.T. & S.A.
United States Naval School
(General Line) Facility
United States Naval Air Missile
Test Center Facility
Colorado National Bank
Lowry Air Force Base




San Francisco, Calif.

National

Monterey, Calif.

6- 7-50

Point Mugu, Ventura, Calif.

6-26-50

Denver, Colorado
Denver, Colorado

National
6- 1-50

- 7 and location of banks and branches

Class of bank

Date of
change

Branches or offices established at military reservations (Cont'd)
(including "banking facilities" provided through arrangements
made by Treasury Department)
Austin National Bank
Austin, Texas
Bergstrom Air Force Base Facility
Austin, Texas

National

Southwest National Bank
Biggs Air Force Base Facility

El Paso, Texas
Biggs Field, Texas

National

First National Bank
Fort Eustis Facility

Newport News, Va.
Fort Eustis, Va.

National

6-30-50
6-26-50
6- 1-50

Branches acquired by absorption or purchase
Bank of America N.T. & S.A.
*Pinole Branch

National

San Francisco, Calif.
2361 San Pablo Ave.,
Pinole, California

6-26-50

*Rodeo Branch

536 First Street
6-26-50
Rodeo, California
(The above two branches were formerly branches of Bank of Pinole, Crockett,
whose business was acquired by Bank of America, N.T. & S.A.)

*Fifth Street Branch

3^9 Fifth Street
Gustine, Calif.

6-26-50

•Patterson Branch

5 and 6 Plaza
6-26-50
Patterson, Calif.
(The above two branches were formerly the Gustine and Patterson branches of
Bank of Newman, whose business was acquired by Bank of America N.T. & S.A.)

*Colorado-Garfield Branch
•Colorado-Virginia Branch

305 East Colorado St.
Pasadena, California
2562 East Colorado St.
Pasadena, California

6-26-50
6-26-50

(The above two branches were formerly the Garfield and East Pasadena branches
of First Trust and Savings Bank, Pasadena, whose business was acquired
by Bank of America N.T. & S.A.)
Atlas National Bank
Cincinnati, Ohio
Peoples Avondale Branch
3535 Reading Road
(Formerly Avondale Branch of
Peoples Bank & Savings Co.
Cincinnati which was absorbed
by Atlas National Bank)
•Status of these transactions is in litigation.




National
6-26-50

- 8 -

Name and location of banks and branches

Class of bank

Date of
change

Branches discontinued
Industrial Trust Company
Pawtucket Branch

Providence, R. I.
238 Main Street
Pawtucket, R. I.

Member
6-16-50

Branches or offices at military reservations discontinued
Security-First National Bank
Birmingham General Hospital
Facility

National

Los Angeles, Calif.
Van Nuys, Calif.

6- 7-50

Changes in name or location of branches
Bank of America N.T. & S.A.
Laurel-Sunset Branch
Moved from
Moved to
Whittier-Lorena Branch
Moved from
Moved to
Idaho First National Bank
Kellogg Branch
Moved from
Moved to.

San Francisco, Calif.
Los Angeles, Calif.
8000 Sunset Blvd.
7966 Sunset Blvd.

National
6- 5-50 |

Los Angeles, Calif
3361 Whittier Blvd.
3475 Whittier Blvd.

6- 5-50 t

Boise, Idaho
National
Kellogg, Idaho
N.W. Corner Main St. &
McKinley Ave.
125 McKinley Ave.

Newton-Waltham Bank & Trust Co.
Waban Branch
Moved from
Moved to

Waltham, Massachusetts Member
Waban, Massachusetts
1625 Beacon Street
466 Woodward Street

Commonwealth Bank
Warren-Wykes Branch
Moved from
Moved to

Detroit, Michigan

College Point Savings Bank
Bayside Office
Moved from
Moved to

New York, New York

Harlem Savings Bank
207th Street Office
Moved from
Moved to

New York, New York




6-19-50 !
I

6-19-50

Member
6-12-50 1

7300 West Warren Ave.
7400 West Warren Ave.
Ins. nonmem.

6- 3-50 I

41-01 Bell Blvd.
211-11 Northern Blvd.
Ins. nonmem.

207th Street & Broadway
4948-58 Broadway

6-16-50 £

- 9 Name and location of banks and branches

Class of bank

Date of
change

Changes in name or location of branches (Cont'd)
Community Savings Bank
Mechanics Office
Renamed—
Exchange Street Office

Rochester, N. Y.
21 Exchange Street

Ins. nonmem.

Peoples Bank
North Main Branch
Moved from
Moved to

Dayton, Ohio

Member

Seattle-First National Bank
Clark County Branch
Moved from
Moved to

Seattle, Washington
Vancouver, Wash.
601 Main Street
1103 Main Street




6- 1-50

3222 North Main Street
1846 North Main Street

i

6-30-50

National
6-26-50


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102