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1 1

F.R.CONFIDENTIAL
Lpii.5

\

»'

BOARD OF GOVEENORS OF THE FEDERAL RESERVE SYSTEM

THIS COMPILATION! I S DERIVED LARGELY FROM SECONDARY SOURCES.
NOT AN OFFICIAL REPORT OF CIIAilGSS IN THE BANKING STRUCTURE.

J u n e

^

1956

CHANGES IN STATUS OF BATIKS A D BRANCHES AS REPORTED DURING MAJ 1956
N
Name and location of banks and branches

Class
of bank

Date of
change

Ins.non,

5- 7-56

New banks
(except successions and conversions)
Murray Hill Barnett Bank

Jacksonville, Fla.
Duval County

Peoples Bank

North Miami Beach,Fla.Member
Dade County

5-16-56

Seminole Bank

Tampa, F l a .
Ins.non.
Hillsborough County

5- 9-56

Security Exchange Bank

"West Palm Beach, Fla. Ins.non.
Palm Beach County

5-22-56

Simmesport State Bank

Simmesport, La.
Avoyelles County

Ins.none

5- 1-56

State Bank of Laurel

Laurel, Md.
Ins.non.
Prince Georges County

5-28-56

. Puxioo, Mo.
Stoddard County

Nonins.

5-21-56

Long Point National Bank

Houston, Texas
Harris County

National

5-19-56

F i r s t State Bank

Louise, Texas
Wharton County

Ins.non.

5- 7-56

Puxico State Bank

Consolidations, absorptions, e t c .
F i r s t National Bank
F i r s t Vies tern Bank & Trust Co.
Merged under charter and t i t l e of —
F i r s t Western Bank & Trust Co.

National
Orosi, C a l i f .
San Francisco, C a l i f . Ins.non.

East Atlanta Bank
Trust Company of Georgia
Merged under charter and t i t l e of —
Trust Company of Georgia

Atlanta, Ga.
Atlanta, Ga.

Virgil State Bank
Absorbed by —
Citizens National Bank

V i r g i l , Kans.




5-7-56

San Francisco, Calif. Ins.non.

Atlanta, Ga.

Eureka, Kans.

Ins.non.
Member

5- 1-56

Member
Nonins.
National

5-22-56

-

2 -

Name and location of banks and branches

Class
of bank

Date of
change

Member
Member

5-28-56

Consolidations, absorptions, e t c . (Cont'd)
Manchester, Mich.
Peoples Bank
Manchester, Mich.
Union Savings Bank
Consolidated under charter and t i t l e of —
Manchester, Mich.
Union Savings Bank

Member

I'rvington Trust Co.
National S t a t e Bank
Merged under charter and t i t l e of —
National State Bank

Irving ton, N. J .
Newark, N. J . .

Ins.non.
National

Newark, N. J .

-National

National Commercial Bank & Trust Co*
Second National Bank
State Bank of Ellenburg
Merged under charter and t i t l e of —
National Commercial Bank & Trust Co.

N ational 5-21-56
Albany, N. Y.
National
Cooperstown, N. Y.
Ellenburg Depot, N. Y, Member
Albany, N. Y.

Bedford, Pa.
F i r s t National Bank
Schellsburg, Pa.
F i r s t National Bank
Consolidated under charter and t i t l e of —
Bedford, Pa.
F i r s t National Bank

5- 7-56

National
National
National

5-21-56

N ational
National

F i r s t National Bank
Absorbed by —
Farmers State Bank

Clarendon, Texas

Staunton National Bank
Absorbed by —
Augusta National Bank

Staunton, Va.

State Bank of Clarkston
Absorbed by —
National Bank of Commerce

Clarkston, Wash.

Ins.non.

S e a t t l e , Wash.

National

Clarendon, Texas

Staunton, Va.

Madison, Wis.
Bank of Madison
Madison, Wis.
Union Trust Co.
Consolidated under charter and t i t l e of —
Bank of Madison
Madison, Wis.

b- 7-56

Member
National

5-19-56

National

Ins.non.
Ins.non.

5-21-56

5-25-56

Ins.non.

Changes in name or location of banks
Bank of S t . Paul
Name and location changed to —
Northland Bank

S t . Paul, Mo.

Glenville National Bank
Name changed to —
F i r s t National Bank

Scotia, N. Y.




Jennings, Mo.

1

Ins.non.

5-23-56

Ins.non.
National

5- 1-56

i
I
I

- 3 Name and l o c a t i o n of banks and branches

Glass
of bank

Date ol
change

Changes i n name or l o c a t i o n of banks (Cont'd)
N a s h v i l l e T r u s t Co.
Name changed to —
N a s h v i l l e Bank & Trust Co.

N a s h v i l l e , Tenn.

Ins.non.

5- 8-56

Chief Joseph S t a t e Bank
Name changed t o —
Douglas County Bank

Bridgeport, Wash.

Ins.non,

5- 1-56

' Branches e s t a b l i s h e d de novo
(Includes branches a t m i l i t a r y and o t h e r Government establishments)
S e c u r i t y Commercial Bank
Dri'v e-In Branch
2017-20 23 Fourth Avenue, North

Birmingham, Ala.
Birmingham, Ala,
J e f f e r s o n County

F i r s t Western Bank & Trust Co.
Santa Barbara-Crenshaw O f f i c e
3933 Santa Rosalia Drive

San Francisco, C a l i f .
Los Angeles, C a l i f .
Los Angeles County

Ins.non.

Wells Fargo Bank
San Carlos O f f i c e
78? Laurel S t r e e t

San Francisco, C a l i f .
San Carlos, C a l i f .
San Mateo County

Member

Newark T r u s t Co.
Brookside Branch O f f i c e
67 Marrows Road
Brookside Park Shopping Center

Newark, Del.
Newark, Del.
New Castle County

Ins.non.

Anderson Banking Co.
Frankton Branch

Anderson, Ind.
Frankton, I n d .
Madison County

Ins.non.

Indiana National Bank
5100 West Washington Branch
5100 West Washington S t r e e t

Indianapolis, Ind.
National
Marion County, Ind.
(P. 0 . I n d i a n a p o l i s )

5 - h-56

New Augusta S t a t e Bank
60th S t r e e t Branch
60th S t r e e t & North Michigan Road

New Augusta, Ind.
Ins.non.
Washington Township, I n d .
Marion County

5-19-56

Ruc-hville National Bank
Milroy Branch

Rushville, I n d .
Milroy, I n d .
Rush County

National

5-21-56

Third National Bank
Carter Avenue Branch
11W Carter Avenue

Ashland, Ky.
Ashland, Ky.
Boyd County

National




5 - 2-56

5-H-56

5-28-56

5- 2-56

5- 5-56

5- > 5 6

- b Name and location of banks and branches

Class
of bank

Date oi
change

Branches established de novo (Cont'd)
(Includes branches a t m i l i t a r y and other Government establishments)
Corbin Deposit Bank
F i r s t S t r e e t Branch
F i r s t Street & Lynn Avenue

Corbin, Ky.
Corbin, Ky.
"Whitley County

Ins.non.

Citizens Fidelity Bank & Trust Co.
Preuton Highway O f f i c e
k2b3 Preston Highway

Louisville, Ky.
Louisville, Ky.
Jefferson County

Member

Citizens Bank
Elk-iorn City Branch

F i k e v i l l e , Ky.
KLkhorn City, Ky.
Pike County

Ins.non.

National Bank of Commerce
Tulane Avenue Branch
722-2k South Jefferson Davis Parkway

New Orleans, La.
New Orleans, La.
Orleans County

National

Shreveport Bank & Trust Co.
Uptown Branch.
58Wi Line Avenue

Shreveport, La.
Shreveport, La.
Caddo County

Ins.non.

Middlesex County National Bank
l.'ilir.ington Office
390 Main Street

Everett, Mass.
Wilmington, Mass.
Middlesex County

National

National Bank of Detroit
Novi Office
ii3085 West Eleven Mile Road

D e t r o i t , Mich.
Novi, Mich.
Oakland County

National

lt-26-56

5-16-56

5-15-56

5-15-56

h-26-56

5- 2-56

5-28-56

Meadow Brook National Bank
Freeport, N. Y.
National
Locust Grove Office
Locust Grove, . Y.
Jericho Turnpike h South- Oyster Bay Road Nassau County
(P. 0 . Syosset)

5-26-56

Bowery Savings Bank
lli5th S t r e e t Office
lii5th S t r e e t & S t . Nicholas Avenue

New York, N. Y.
New York, N. Y.
New York County

Ins.non.

5-12-56

Brooklyn Savings Bank
.Montague S t r e e t Branch
189-191 Montague S t r e e t

New York, N. Y.
New York, N. Y.
Kings County

Ins.non.

Chase Manhattan Bank
711 Third Avenue Branch
711 Third Avenue

New York, -N. Y.
New York, N. Y,
New York County

Member




3- 5-56

5-17-56

- 5 Name and location of banks and branches

Class
of bank

Date 01
change

Branches established de novo (Cont'd)
(includes branches a t m i l i t a r y and other Government establishments)
F i r s t National City Bank
Lexington Avenue-U2nd S t r e e t Office
130 East li2nd S t r e e t

New York, N. Y.
New York, N . Y .
New York County

National

Merchants Bank
1-iidtown O f f i c e
62 Lest li7th Street

New York, N. Y.
New York, N. Y.
New York County

Member

National Bank of Westchester
Central Avenue O f f i c e
328 Central Avenue

TJhite Plains, N. Y.
Miite Plains, N . Y .
Uestchester County

National

F i r s t National Bank of Catawba County
Claremont Branch

Hickory, N. C.
Claremont, N. C.
Catawba County

National

Brecksville Bank
North Royalton Branch
6687 Royalton Road

Brecksville, Ohio
Member
North Royal ton, Ohio
Cuyahoga County

5-11-56

Ohio National Bank
Greet t'estern Branch
3560 Vest Broad S t r e e t

Columbus, Ohio
Columbus, Ohio
Franklin County

National

5- 7-56

F i r s t National Bank
Bloomdale O f f i c e

Fostoria, Ohio
Bloomdale, Ohio
Uood County

National

National Bank of Toledo
East Toledo Office
766 I'oodville Street

Toledo, Ohio
Toledo, Ohio
Lucas County

National

F i r s t National Bank
Walnut Park Branch
5305 N. E. Union Avenue

Portland, Ore.
Portland, Ore.
Multnomah County

National

Multnomah Bank .
Hillsdale Branch
6251 S. W. Capitol Highway
Hillsdale Shopping Center

Portland, Ore.
Portland, Ore.
Multnomah County

Ins.non.

C a r l i s l e Deposit Bank & Trust Co.
Sharon Branch
665 North East Street

C a r l i s l e , Pa.
C a r l i s l e , Pa.
Cumberland County

Ins.non.




5-21-56

5-15-56

5- U-56

5-16-56

5- 7-56

5-17-56

5-12-56

5- 3-56

5-1U-56

- 6 -

Name and location of banks and branches

Class
of bank

Date oi
change

Branches established de novo (Cont'd)
(Includes branches at military and other Government establishments)
Marine National Bank
Liberty Branch
3620 Liberty S t r e e t

Erie, Pa.
Erie, Pa.
Erie County

Fidelity-Philadelphia Trust Co,
Terminal Building Branch
Terminal Building
Philadelphia International Airport,
I n d u s t r i a l Highway

Member
Philadelphia, Pa,
Philadelphia, Pa,
Philadelphia County

Pennsylvania National Bank & Trust Co,
Auburn Office

P o t t s v i l e , Pa.
Auburn, Pa.
Schuylkill County

National

F i r s t S t a t e Bank
Jacks Creek Branch

Henderson, Tenn.
Jacks Creek, Tenn.
Chester County

Ins.non.

Clarendon Trust Co.
Williamsburg Branch
Viiliamsburg Boulevard & North Sycamore
.Street

Arlington, Va.
Arlington,'Va.
Arlington County=

Ins.non.

Petersburg Savings 4 American Trust Co.
Petersburg, Va.
West Washington & Chappell Streets Branch Petersburg, Va.
N.
Corner West Washington & Chappell
Independent City
Streets

National

Member

Merchants *1 Farmers Bank
Alexander Corner Branch
Airline Turnpike and Gosport Road

Portsmouth, Va.
Portsmouth, Va.
Independent City

Washington Mutual Savings Bank
Bellevue Shopping Square Branch
376 Bellevue Shopping Square

S e a t t l e , Wash.
Bellevue, Wash.
King County

Ins.non.

Old National Bank
Greenacres Branch
18303 Corbin Place

Spokane, Wash.
Greenacres, Wash.
Spokane County

National

5-21-56

5-15-56

5-28-56

5- 1-56

5-26-56

5-1U-56

5-21-56

5-11-56

5-24-56

Banks converted into branches
(See also Consolidations, absorptions, e t c . )
F i r s t Western Bank & Trust Co.,
Orosi O f f i c e
12790 El Monte Way
(Formerly F i r s t National Bank)




San Francisco, C a l i f .
Orosi, C a l i f .
Tulare County

Ins.non.

5- 7-56

- 7 Name and location of banks and branches

Class ' Date of
change
of bank

Banks converted into branches (Cont'd)
(See also Consolidations, absorptions, e t c . )
Trust Company of Georgia
East Atlanta O f f i c e
51 li Flat Shoals Avenue, S., E.
(Formerly East Atlanta Bank)

Atlanta, Ga.
Atlanta, Ga.
DeKalb County

Member

National State Bank
West Irvington Office
732 Nye Avenue
(Formerly Irvington Trust Co.)

Newark, N. J .
Irvington, N. J .
Essex County

National

National Commercial Bank & Trust Co,
Cooperstown Branch
103 Main Street
(Formerly Second National Bank)

Albany, N. Y.
Cooperstotm, N. Y.
Otsego County

N ational

Ellenburg Branch
Main S t r e e t
(Formerly State Bank of Ellenburg)

Ellenburg Depot, N. Y.
Clinton County

F i r s t National Bank
Schellsburg Branch
(Formerly F i r s t National Bank)

Bedford, Pa.
Schellsburg, Pa.
Bedford County

National

National Bank of Commerce
Clarkston Branch
8h7 Sixth Street
(Formerly State Bank of Clarkston)

S e a t t l e , Wash.
Clarkston, Wash.
Asotin County

National

5- 1-56

5- 7-56

5-21-56

5-21-56

5-21-56

5-21-56

Branches discontinued
Bankers Trust Co.
Broad S t r e e t O f f i c e

New York, N. Y.
37 Broad Street

Tradesmens Bank S Trust Co.
c
Walnut S t r e e t Branch

Philadelphia, Pa.
Member
1528-30 Walnut S t r e e t

Member

5-21-56
5-H-56

Changes in name or location of branches
F i r s t National Bank
Bessemer Branch
Moved from
Moved to




Birmingham, Ala.
N ational
Bessemer, Ala.
5-21-56
211 North 19th S t r e e t
lGOl North Second Avenue

Name and location of banks and branches

Class
of bank

Date or
change

Changes in name or location of-branches (Cont'd)
S e c u r i t y - F i r s t National Bank
Reseda Branch
Moved from
Moved to

Los Angeles, C a l i f .
National
Los Angeles, C a l i f .
7250 Reseda Way
I82a2 Sherman Way
( P . O . Reseda)

Citizens National Trust & Savings Bank
Arlington Branch
Moved from
Moved to

Riverside, C a l i f ,
National
Riverside, C a l i f ,
9503 Magnolia Avenue
9308 Magnolia Avenue
(P. 0 . Arlington)

Security Trust & Savings Bank
San Diego, C a l i f .
Member
F i f t h and University Branch
San Diego, C a l i f .
Moved from
500 University Avenue
Moved to
h06 University Avenue
and renamed
H i l l c r e s t Branch
(This corrects t h e statement for the month
of April regarding the move of H i l l c r e s t
Drive-In Branch; the l a t t e r did not move,
but remains a t 333 University Avenue.)

5-28-56

5-lk-56

1-23-56

American Trust Co.
•^Campbell Branch
Changed from
Changed to

San Francisco, C a l i f . Member
Campbell, C a l i f .
280 E. Campbell Avenue
UL2 E. Campbell Avenue

3-28-56

Bank of America, N. T. Sc. S.
La Canada Branch
Moved from
Moved to

San Francisco, C a l i f . Nation
La Canada, C a l i f .
858 Foothill Blvd.
651 Foothill Blvd.

5-21-56

Indiana National Bank
Union-Security Branch
Moved from
Moved to
and renamed
Market Street Branch

Indianapolis, Ind.
Nation
Indianapolis, Ind.
130 E. Washington S t r e e t
120 E. Market Street

5-H-56

Commercial Bank & Trust Co.
• Mandeville Branch
Moved from

Covington, La.
Ins.non.
Mandeville, La.
Claiborne Avenue &
Carroll S t r e e t
Gerard & Jefferson
Streets

Moved to

5-21-56

tfThis change i s due to renumbering of s t r e e t and does not represent any change in

the actual l
 o c a t i o n .


- 9 Name and location of banks and branches

Date of
Class
change
of bank

Changes i n name or location of branches (Cont'd)
Bank of Maryland
S&Ltland Branch
Moved from
Moved to

Seat Pleasant, Md.
Ins.non.
Suitland, lid.
1*717 Suitland Road
U731 Silver H i l l Road

National S t a t e Bank
Irvjjigton Office
Nome changed to
South Irvington Office

Newark, N. J .
National
685 Chancellor Avenue
Irvington, N . J .

5- 9-56

Chemical Corn Exchange Bank
55th Street Branch
Moved from
Moved to

New York, N. Y.
Menber
New York, N. Y.
55th S t r e e t & Broadway
SUth S t r e e t & Broadway

5-9-56

Colonial Trust Co.
Midtoim O f f i c e
Moved from
Moved to

New York, N. Y.
Member
New York, N . Y .
79 Madison Avenue
llt9 Madison Avenue

it-28-56

Community Savings Bank
Exchange S t r e e t O f f i c e
Moved from
Moved to

Rochester, N. Y.
Ins.non.
Rochester, N . Y .
21 Exchange S t r e e t
U5 Exchange Street

U- 2-56

F i r s t National Bank k Trust Co.
" West Broad Branch
Moved from
Moved to

Bethlehem, Pa.
National
Bethlehem, Pa.
1236 W. Broad S t r e e t
1223 W. Broad S t r e e t

5- 9-56

Philadelphia National Bank
Conshohocken O f f i c e
Moved from
Moved to

Philadelphia, Pa.
National
Conshohocken, Pa.
Fayette k Hector Streets
S. W. Corner Fayette Street
& F i f t h Avenue

Old National Bank
F i r s t Avenue Branch
Moved from
Moved t o

Spokane, Wash.
National
Spokane, Wash.
West 1226 F i r s t Avenue
West 1209 F i r s t Avenue

Washington State Bank
Bellevue Branch
Moved from
Moved to

Snoqualmie, Wash.
Ins.non.
Bellevue, Wash.
121 Main S t r e e t
12Zi-10Lth Avenue, N, E.




5-28-56

5-28-56

U—23—56

5-25-56

Name and location of banks and branches

Class IDate ol'
of bank | change

Banking f a c i l i t i e s established at m i l i t a r y and other Government
establishments through arrangements made by Treasury Department
Citizens National Bank
- National Security Agency
Building F a c i l i t y

Laurel, Md.
National
Fort George G. Meade,
Md.
Anne Arundel County

lt-26-56

F i r s t - C i t i z e n s Bank & Trust Co.
Pope Air Force Base F a c i l i t y

Smithfield, N. C.
Fort Bragg, N. C.
Cumberland County

5-15-56




Ins.non.