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THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES.
JIQLJ^L OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE.
LIBRARY
. JUN JS
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM EEDEF.AL
SAJ.T:
dune 16,
L.U.5
CHANGES IN STATUS OF BANKS AMD BRANCHES AS REPORTED DURING MAY 1953
Name and location of banks and branches
Class
of bank
Date of
change
New banks
(except successions and conversions)
Bank of Whittier
Whittier, Calif.
Los Angeles County-
Member
5-18-53
National Bank of Bossier City-
Bossier City, La.
Bossier County
National
5-22-53
First National Bank
West Monroe, La.
Ouachita County
National
5-16-53
Lake County National Bank
Painesville, Ohio
Lake County
National
5-18-53
Reopeningsof suspended banks
Devon-North Town State Bank
Chicago, 111.
Cook County
Member
5-28-53
Bank of Elmwood Park
(Succeeded First State Bank,
Elmwood Park, 111., which
suspended lt-11-53)
Elmwood Park, 111.
Cook County
Ins.non.
5-27-53
Voluntary liquidation
(except incident to absorptions, successions, etc.)
Bank of Keo
Keo, Ark.
Ins.non.
5-7-53
White Plains, N. Y.
Member
Croton on Hudson, N. Y. National
S-l-53
Consolidations, absorptions* etc.
County Trust Co.
First National Bank
These two banks merged
under charter and title of —
County Trust Co.
White Plains, N. Y.
Member
— 2 —
Name and location of banks and branches
Class
of bank
Date of
change
National
5-18-53
Consolidations, absorptions, etc. (Cont'd)
First National Bank
Absorbed by —
Miners National Bank
Dallas, Pa.
Morrisons Cove Bank
Absorbed by —
Altoona Trust Co,
Martinsburg, Pa.
Peoples National Bank
Absorbed by —
Peoples first National Bank &
Trust Co.
Washington, Pa.
Pittsburgh, Pa.
National
Peoples Trust Co.
Sinking Spring Bank
{These two banks merged
under charter and title of —
Peoples Trust Co.
Wyomissing, Pa.
Sinking Spring, Pa.
Member
Ins.non.
Wilkes-Barre, Pa.
Altoona, Pa.
Wyomissing, Pa.
National
Ins.non.
5-11-53
Ins.non.
National
5-18-53
5-25-53
Member
Admission of State bank to Federal Reserve Membership
First State Bank
Greene, Iowa
Nonins.
5-11-53
Changes in name or location
National Exchange Bank
Name changed to —
First National Bank k Trust Co.
Augusta, Ga.
National
5-U-53
Gravois Bank
Location not changed but
address changed to
St. Louis County, Mo.
Member
U-28-53
Affton, Mo.
St. Louis County
Branches established
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank
E Street Office
(De novo)
Ontario, Calif.
National
U37 North Euclid Ave.
Ontario, Calif.
San Bernardino County
5-23-53
Name and location of banks and branches
Class
of bank
Date of
change
Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
Bank of America N.T. & S.A.
La Canada Branch
(De novo)
San Francisco, Calif.
8^8 Foothill Blvd.
La Canada, Calif.
Los Angeles County
National
St. Joseph Valley Bank
East Bristol Street Branch
(De novo)
Elkhart, Ind.
300 East Bristol St.
Elkhart, Ind.
Elkhart County
Member
South Main Street Branch
(De novo)
5-k-53
5-U-53
1809-11 South Main St.
Elkhart, Ind.
Elkhart County
5-U-53
Machinists National Bank
Norton Branch
(De novo)
Taunton, Mass.
Norton, Mass.
Bristol County
National
Detroit Bank
David Whitney Office
(De novo)
Detroit, Mich.
1553 Woodward Ave,
Detroit, Mich.
Wayne County
Member
Chemical State Savings Bank
Circle Branch
(De novo)
Midland, Mich.
Jefferson Avenue at
the Circle
Midland, Mich.
Midland County
Member
-Muskegon Bank
Peck Street Branch
(De novo)
Muskegon, Mich.
1070 Peck Street
Muskegon, Mich.
Muskegon County
Ins.non.
Commercial National Bank
Drive-In Branch Office
(De novo)
Greenville, Miss.
109 North Broadway
Greenville, Miss.
Washington County
National
Poplar Street Branch Office
(De novo)
llt3 South Poplar St.
Greenville, Miss.
Washington County
5-25-53 ,
5-li-53
I
i
5-5-53
5-20-53
5-25-53 '?
1
5-26-53 ?
- U Name and location of banks and branches
Class
of bank
Date of
change
Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank
Villas Branch
(De novo)
Cape May Court House, N. J. National
Bay Shore Road
5-U-53
Villas, N. J.
Cape May County
National Union Bank
Wharton Office
(De novo)
Dover, N. J.
25 North Main St.
Wharton, N . J .
Morris County
National
Franklin-Washington Trust Co.
Auxiliary Office
(De novo)
Newark, N. J.
U05> Seventh Ave.
Newark, N. J.
Essex County
Member
National Bank of Ocean City
Sea Isle Office
(De novo)
Ocean City, N. J.
National
U301 Landis Ave.
Sea Isle City, N. J.
Cape May County
Citizens First National Bank &
Trust Co.
Hohokus Office
(De novo)
5-U-53
Ridgewood, N» J.
National
Orvil Court at Sycamore Ave.
Hohokus, N. J.
Bergen County
Marine Midland Trust Co.
South Side Office
(De novo)
Binghampton, N, Y.
Member
53 South Washington St.
Binghamton, N. Y.
Broome County
County Trust Co.
Croton on Hudson Office
(Formerly First National Bank)
White Plains, N. Y.
Member
Maple St. & Old Post
Road
Croton on Hudson, N. Y.
Westchester County
Peoples National Bank & Trust Co.
Gedney Office
(De novo)
White Plains, N. Y.
501 Mamaroneck Ave.
White Plains, N. Y.
Westchester County
National
5-1-53
5-18-53
5-25-53
3-23-53
5-1-53
5-18-53
5 Name and location of banks and branches
Class
of bank
Date of
change
Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
Union Savings Bank
.Shadyside Branch
(De novo)
Ins.non.
Bellaire, Ohio
Central Ave. & 39th St.
Shadyside, Ohio
Belmont County
5-2-53
First National Bank
Chester Branch
(De novo)
Burton, Ohio
Chesterland, Ohio
Geauga County
National
5-6-53
First National Bank
Main-Belmont Branch
(De novo)
Springfield, Ohio
2025 East Main St.
Springfield, Ohio
Clark County
National
Commercial Bank of Oregon
Hood River Branch
(De novo)
Hillsboro, Ore.
Butler Bank Building
Hood River, Ore.
Hood River County
Member
First National Bank
Foster-Powell Branch
(De novo)
Portland, Ore.
5700 S. E. Foster Road
Portland, Ore.
Multnomah County
National
Altoona Trust Co.
Morrisons Cove Branch
(Formerly Morrisons Cove Bank)
Altoona, Pa.
East Allegheny St.
Martinsburg, Pa.
Blair County
Ins.non.
Valley National Bank
Coldbrook Avenue Branch
(De novo)
Chambersburg, Pa.
900 Lincoln Way East
Chambersburg, Pa.
Franklin County
National
Second National Bank
Castor-Cottman Office
(De novo)
Philadelphia, Pa.
2200 Cottman Ave.
Philadelphia, Pa.
Philadelphia County
National
Pittsburgh, Pa.
69 South Main St*
Washington, Pa*
Washington County
National
Peoples First National Bank &
Trust Co.
Washington Branch
(Formerly Peoples National Bank)
w
t
5-8-53
,!r
5-11-53 '•
5-9-53
5-11-53
5-18-53
5-18-53
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- 6 -
Class
of bank
Name and location of banks and branches
Date of
change
Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
Upper Darby National Bank
Newtown Square Office
(De novo)
Upper Darby, Pa.
National
3539 West Chester Pike
Newtown Square, Pa.
Delaware County
5-7-53
Miners National Bank
Dallas Branch
(Formerly First National Bank)
Wilkes-Barre, Pa.
15 Main Street
Dallas, Pa.
Luzerne County
5-18-53
Peoples Trust Co.
Sinking Spring Branch
(Formerly Sinking Spring Bank)
Wyomissing, Pa.
Member
Penn & Columbia Avenues
Sinking Spring, Pa.
Berks County
5-25-53
Citizens Savings Bank
Fairlawn Branch
(De novo)
Providence, R. I.
539 Smithfield Ave.
Pawtucket, R. I.
Providence County
Ins.non.
5-15-53
Citizens Trust Co.
Fairlawn Branch
(De novo)
Providence, R. I.
539 Smithfield Ave#
Pawtucket, R. I.
Providence County
Ins.non.
Charleston, S. C,
5Wi King Street
Charleston, S. C,
Charleston County
National
Citizens & Southern National
Bank of S, C.
5Wi King Street Auto-bank Branch
(De novo)
National
,
5-15-53
5-18-53
First National Bank
Northeast Branch
(De novo)
Alexandria, Va.
National
701 North St. Asaph St.
Alexandria, Va.
Independent County
5-11-53
Clarendon Trust Co.
Westover Branch
(De novo)
Arlington, Va.
™
Ins.non.
1701 North McKinley Road
Arlington, Va.
Arlington County
5-4-53
I
- 7 Name and location of banks and branches
i
Class
of bank
Date of *
change f
Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department
Union Bank & Trust Co.
Gunter Air Force Base Facility
Montgomery, Ala*
Montgomery, Ala.
Montgomery County
Member
Citizens National Bank
Perrin Air Force Base Facility
Denison, Texas
Denison, Texas
Grayson County
National
5-26-53
5-22-53
Changes in name or location of branches
Citizens National Trust & Savings
Los Angeles, Calif.
National
Bank
Central Manufacturing District Branch Vernon, Calif.
Moved from
Administration Bldg.
Los Angeles Union Stockyards
Moved to
Ui90 South Downey Rd#
5-li-53
Bank of America N.T. & S.A.
Culver Center Branch
Moved from
Moved to.
5-18-53
East Santa Cruz Branch
Moved from
Moved to
San Francisco, Calif.
Culver City, Calif.
3877 Culver Center
3809 Culver Center
Santa Cruz, Calif.
1112 Soquel Avenue
12U0 Soquel Avenue
National City Bank
Park Avenue Branch
Moved from
Moved to
New York, N. Y.
Central National Bank
Buckeye Road Branch
Moved from
Moved to
Cleveland, Ohio
National
5-ii-53
National
5-11-53
75 East 57th Street
It87-U95 Park Avenue
National
East 118th St. & Buckeye Rd.
11819 Buckeye Road
5-U-53
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