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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.