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F. R. CONFIDENTIAL TBIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.k.5 June 19, 1961 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING MAY 1961 Nome and location of bonks and branches Class I Date of of bank |change New Banks (except successions and conversions) Exchange Bank Temple Terrace, Fla. Hillsborough County Ins. non. $-12-61 Bank of Gibraltar Atlanta, Ga. Fulton County Nonins. First Bank & Trust Co. Needhom, Mass. ^ Norfolk County 1-18-60 Ins. non. 5- 8-6l State Bank of Plainfield* Plainfield, N. J. Union County Member 5-22-61 Guaranty Trust Co. Corpus Christi, Tex. Nueces County Nonins. Bank of Anacortes Anacortes, Wash. Skagit County Ins. non. 5- l-6l 11-21-60 Consolidations, absorptions, etc. Ashland Trust Co. Absorbed by — Washburn Trust Co. Ashland, Me. Benton Harbor State Bank Union State Bank Merged under charter of Benton Harbor State Bank and title of Inter-City Bank Benton Harbor, Mich. Buchanan, Mich. Security State Bank Absorbed by -Citizens State Bank Waterville, Minn. First Trust Company Johnstown Bank Merged under charter and title of -- First Trust Company Albany, N. Y. Johnstoxm, N. Y. Member Member Albany, N. Y. Member Washburn, Me. Benton Harbor, Mich. Waterville, Minn. Ins. non. 5-23-61 Ins. non. Ins. non. 5- l-6l Ins. non. Ins. non. Ins. non. 5- l-6l Ins. non. 5- l-6l ^Admitted to membership in the Federal Reserve System effective May 22, 1961 (opened May 22, 1961). Name and location of bonks and branches Class of bank Date of Consolidations, absorptionst etc. (Cont'd) Merchants National Bank Egypt Schnecksville Bonk Consolidated under charter and title of Merchants National Bank. Allentown, Pa. Egypt, Pa. Allentown, Pa. National Member 5-29-61 National Admission of State bank to Federal Reserve Membership Bratt-Wasson Bank Siloam Springs, Ark. Benton County Ins. non. 5- 8-6l Change in title or location of banks Commercial State Bank Title changed to — First Western State Bank Abilene, Kan. Ins. non. 5- l-6l Partridge State Bank Nome and location changed to — Farmers & Merchants State Bank Partridge, Kan. Ins. non. 5-29-61 First Trust Company, Inc. Title changed to — First State Bank of Salina Salina, Kan. Nonins. 5- l-6l Powov River National Bank Title changed to — Amesbury National Bank Amesbury, Mass. National 5- l-6l City Industrial Bank Name changed to — Bank of Rocky Mount Rocky Mount, N. C- Ins. non. 5- l-6l Graniteville Valley Bank Title changed to — Carolina Bank Graniteville, S. C. Ins. non. 5- l-6l South Hutchinson, Kan. Merchants State Bank Houston, Tex. Title changed to.— Tennessee Bank and Trust Co. Ins. non. 5-12-61 First State Bank Title changed to — Security State Bank Ins. non. 5-10-61 Port Wing, Wis. Name and location of banks and branches Class of bank Date of change Branches established de novo (includes branches at military and other Government establishments) City National Bank University Branch 2302 East Northern Lights Boulevard Anchorage, Alaska Anchorage, Alaska Valley National Bank vvustown Office 12602 North Black Canyon Highway Phoenix, Ariz. Maricopa County, Ariz. Merchants National Bank Drive-In Bank Branch No. 2 Highway 71 South & Jenny Lind Road Fort Smith^ Ark. Sebastian County, Ark. (P. 0. Fort Smith) National State Center Bank West Fresno Office 1048 "E" Street Fresno, Calif. Fresno, Calif. Fresno County Ins. non. Security First National Bank Dana Point Branch 3^174 Coast Highway Los Angeles, Calif. Dana Point, Calif. Orange County National National 5-15-61 Third Judicial Division National National United States National Bank Anaheim Office 328 West Center Street National Bank of America, N.T. & S.A. East View Branch 29625 South Western Avenue • San Diego, Calif. Anaheim, Calif. Orange County 5- 8-61 5-26-61 5- 5-61 Central Valley National Bank Oakland, Calif. 22nd & Broadway Office Oakland, Calif. Alameda County 2143-7 Broadway (Branch established in former location of head office which moved to 301-20th St., Oakland. ) Badlands Office 2 West State Street 5- 8-61 (P. 0. Phoenix) Redlands, Calif. San Bernardino County San Francisco, Calif. National Los Angeles (San Pedro), Calif. Los Angeles County 5- 1-61 5-12-61 5-26-61 5- 5-61 Rosecrans-Van Ness Branch 2335 West Rocecrans Avenue Gardena, Calif. Los Angeles County 5-12-61 Victory-Platt Branch 6448 Piatt Avenue Los Angeles (Canoga Park), Calif. Los Angeles County 5-12-61 South First-Phelan Branch 1682 South First Street San Jose, Calif. Santa Clara County 5-29-61 -4- Name and location of banks and "branches Class of bonk Date of change Branches established de novo (cont'd) (includes branches at military and other Government establishments Bank of California, N.A. Danville Office 520 South Danville Highway Tahoe City Office Tahoe City Center, Highway 28 San Francisco, Calif. Danville, Calif. Contra Costa County National Tahoe, California Placer County Crocker-Anglo National Bank Mills Center Office 10379 Folsom Boulevard San Francisco, Calif. Rancho Cordova, Calif. Sacramento County (P.O. Sacramento) Simsbury Bank & Trust Co. 5-15-61 National Simsbury, Conn. Granby, Conn. Hartford County 25 East Granby Road 5- 1-61 5-22-61 5-22-61 Westport Bank & Trust Co. Drive-In Branch State Street Westport, Conn. Westport, Conn. Fairfield County Ins. non. First State Bank & Trust Co. Slappey Drive Office 1110 Broad Avenue Albany, Ga. Albany, Ga. Dougherty County Ins. non. Citizens & Southern Bank Bankhead Office 2050 Bankhead Highway Atlanta, Ga. Atlanta, Ga. Fulton County Ins. non. First National Bank Airport Branch Terminal Building Atlanta, Ga. Atlanta, Ga. Fulton County National First National Bank Norwich Branch 3311 Norwich Street Brunswick, Ga. Brunswick, Ga. Glynn County National First National Bank Castle Park Branch 1913 North Ashley Street Valdosta, Ga. Valdosta, Ga. Lowndes County National Indiana Bank & Trust Co. l401 Goshen Road Fort Wayne, Ind. Fort Wayne, Ind. Allen County American Trust Company McKinley Branch 2125 McKinley Avenue South Bend, Ind. South Bend, Ind. St. Joseph County 5- 1-61 5-22-61 5-29-61 5- 3-61 5-20-61 5- 1-61 5-22-61 Ins. non. 5-22-61 •5- 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) Union State Bank Kerapton Branch Windfall, Ind. Kempton, Ind. Tipton County Ins. non. First National Bank First National Auto Bank 117 First Street, S. E. Weverly, Iowa Waverly, Iowa Bremer County National Mission State Bank Mission State Auto Bank Martway & Beverly Mission, Kan. Mission, Kan, Johnson County Ins. non. Bastrop National Bank Washington Drive-In Branch 510 North Washington Street Bastrop, La. Bastrop, La. Morehouse Parish National Penobscot Savings Bank Bangor, Me. Ellsworth, Me. Hancock County Nonins. Beverly Trust Co. Post Office Square Branch Salem & Summer Streets Beverly, Mass. South Lynnfield, Mass. Essex County Ins. non. First National Bank South Boston Branch 720 East Broadway Boston, Mass. Boston, Mass. Suffolk County National Westfield Savings Bank Westfield, Mass. Westfield, Mass. Hampden County Nonins. Worcester, Mass. West Boylston, Mass. Worcester County Nonins. Coopersville State Bank Conklin Office 19711 Main Street Coopersville, Mich. Conklin, Mich. Ottawa County Member Van Buren State Bank Sister Lakes Branch Napier Avenue Hartford, Mich. Sister Lakes, Mich. Van Buren County Ins. non. First-Columbus National Bank Caledonia Branch 516 Main Street Columbus, Miss. Caledonia, Miss. Lowndes County National 21 Arnold Street People's Savings Bank 334 West Boylston Street 5-23-61 5-19-61 5-22-61 5- 1-61 5-22-61 5- 1-61 5- I-61 1-21-61 5- 8-61 5-12-61 5-12-61 5-26-61 -6- Norne and location of "bnnka and "branches Class of bank Date of change Branches established de novo (cont'd) (includes branches at military and other Government establishments) Security Bank Midtovm Motor Branch Corinth, Miss. Corinth, Miss. Alcorn County Kansas City Bank & Trust Co. Kansas City, Mo. Walk-In-Baltimore Avenue Office Kansas City, Mo. 1226 Baltimore Avenue Jackson County Lemay Bank & Trust Co. Lemay Bank Facility 5001 South Broadway Ins. non. Ins. non. Lemay, Mo. Lemay, Mo. St. Louis County 5- 4-61 5- l-6l 5-10-61 Bank of Neosho Neosho, Mo. Bank of Neosho Drive-In Facility Neosho, Mo. 115 S. Jefferson Newton County Member First National Bank South Lake Tahoe Branch Reno, Nev. Stateline, Nev. Douglas County National Palisades Trust Co. Englewood Cliffs Branch Palisades Ave. & Hudson Terrace Englewood, N. J. Englewood Cliffs, N. J. Bergen County Ins. non. First National Bank Drive-In Office 30 Main Street West Orange, N. J. West Orange, N. J. Essex County National Fulton County National Bank & Trust Co. Arterial Plaza Office 2nd Ave. Extension & Arterial Highway Gloversville, N. Y. Johnstown, N. Y. (P. 0. Gloversville) Fulton County National Franklin National Bonk Mineola Office 112 Old Country Road Mineola, N. Y. Mineola,. N. Y. Nassau County Chemical Bank New York Trust Co. Massapequa Office Hicksville Road & Jerusalem Avenue . New York, N. Y. Massapequa, N. Y. Nassau County 51st Street and Third Ave. Office New York, N. Y. 850 Third Avenue New York County Borough of Manhattan 4- 3-61 5-29-61 5-26-61 5- 2-61 5- 1-61 5-10-61 Member 5- 1-61 5-15-61 Name and location of banks and "branches class of bank Date of chance Branches established de novo (cont'd) (includes branches at military and other Government establishments) Chemical Bank New York Trust Co. New York, N. Y. 79th Street and York Ave. Office New York, N. Y. 501 East 79th Street New York County Borough of Manhattan Hanover Bank 350 Park Ave. Office 350 Park Avenue New York, N. Y. New York, N. Y. New • York County %Borough of Manhattan Meadow Brook National Bank Springfield Gardens Office Member New York, N. Y. Springfield Gardens (N. Y. City), N. Y. Queens County 216-02 Merrick Boulevard (De novo branch in former location of head office which moved to $1-16 168 St., Jamaica, N. Y.) 5- 1-61 5- 1-61 Roslyn Savings Bank West Hempstead Office 80 Hempstead Turnpike Roslyn, N. Y. West Hempstead, N. Nassau County Ins. non. Essex County-Champlain National Bank Elizabethtown Office Court & William Streets Willsboro, N. Y. Elizabethtown, N. Y. Essex County, National First National Bank of Catawba County Auto Bank Branch 117 Second Street, N. W. Hickory, N. C. Hickory, N. C. Catawba County National City Bank Van Aken-Warrensville Branch 3470 Warrensville Center Road Cleveland, Ohio Shaker Heights, Ohio Cuyahoga County Second National Bank Fairfield Office 563 Patterson Boulevard Hamilton, Ohio Fairfield, Ohio Butler County State Bank Company Perry Heights Branch 33^9 Lincoln Way East Massillon, Ohio Perry Heights, Ohio Stark County 5-22-61 5-20-61 5- 8-6l 5-22-61 National 5-12-61 5- 8-61 Ins. non. 5-26-61 -8- Name ond 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) Citizens National Bank . Drive-in Branch 175 Milan Avenue Norwalk, Ohio Norwalk, Ohio Huron County National First National Bank of Mercer County Suburban Office 1030 Indiana Avenue Greenville, Pa. Farrell, Pa. Mercer County National 5-19-61 5-22-61 Western Pennsylvania National Bank McKeesport., Pa. North Hills Office Rose Township, Pa. Allegheny County 7217 McICnight Road (P. 0. Pittsburgh) National Broad Street Trust Co. Philadelphia, Pa. Philadelphia, Pa. Philadelphia County Ins. non. Fidelity-Philadelphia Trust Co. Twenty-fourth St. Office 251-53 South 24th Street Philadelphia, Pa. Philadelphia, Pa. Philadelphia County Member State Bank & Trust Co. Anderson Branch Greenwood, S. C. Anderson, S. C; Anderson County Ins. non. Barretville Bank & Trust Co. Shelby Center Branch WMC Road & U.S. Highway #70 Barretville, Tenn. Shelby Center (P. 0. Bartlett), Tenn. Shelby County Ins. non. Northern Bank of Tennessee Madison Street Branch 1475 Madison Street Clarksville, Tenn. darksville, Tenn. Montgomery County Ins. non. Union Planters National Bank Galloway Park Branch 3485 Plaza Avenue Memphis, Tenn. Memphis, Tenn. Shelby County National McAllen State Bank Ash & Broadway Office Ash & Broadway (Branch in former location of head office which moved to No. 2 Broadway, McAllen) McAllen, Tex. McAllen, Tex. Hidalgo County Ins. non. 1715 South Broad Street 5-22-61 5- 8-61 5-15-61 5-11-61 4- l-6l 5-15-61 5- 1-61 4- 9-61 V Name and location of banks and branches Class of bank Date of I change Branches established de novo (coated) (Includes branches at military and other Government establishments) Lynchburg National Bank & Trust Co. Langhorne Road Branch 2304 Langhorne Road Lynchburg, Va. Lynchburg, Va. Independent City First National Bank Deer Park Branch ]]p40 Jefferson Avenue Newport News, Va. Newport News, Va. Independent City Virgin Islands National Bank Charlotte Arnalie St. Thomas, V. I. Frederiksted, St. Croix, V. I. Frederiksted Branch 5A Strand Street Kitsap County Bank East Bremerton Branch Sylvan Way & Highway 21B Port Orchard, Wash. Kitsap County (P. 0. Bremerton) Seattle-First National Bank Wedgwood Branch 8405 - 35th Northeast Seattle, Wash. Seattle, Wash. King County 5-17-61 National 5- 1-61 5- 8-6l Ins. non. 5-15-61 5-25-61 —10— Name and location of "banks and "branches Class of bank Date of change Banks converted Into "branches (See also consolidations, absorptions, etc.) Washburn Trust Co. Ashland Branch . (Formerly Ashland Trust Co.) Washburn, Me. Ashland, Me. Aroostook County 5-23-61 Inter-City Bank Buchanan Office (Formerly Union State Bank) Benton-Harbor, Mich. Buchanan, Mich. Berrien County 5-1-61 First Trust Company Johnstown Branch (Formerly The Johnstown Bank) Albany, N. Y. Johnstown, N. Y. Fulton County 5-1-61 Merchants National Bank Allentown, Fa. Egypt Branch Egypt, Pa. 500 Main Street Lehigh County (Formerly Egypt Schnecksville Bank) 5-29-61 Branches acquired by consolidation, absorptions, etc. Inter-City Bank Acquired through merger and will operate the two branches formerly operated by Union State Bank, Buchanan, in Berrien County. Benton Harbor, Mich. Merchants National Bank Allentown, Pa. Acquired through consolidation and will operate the branch formerly operated by Egypt Schnecksville Bank. -Egypt, tri Lehigh County. Ins .non. 5-1-61 National 5-29-61 Branches discontinued First State Bank & Trust Co. Oglethorpe Avenue Office Albany, Ga. 1001 Oglethorpe Ave. Albany, Ga. Ins.non. First National Bank Highlandtown Branch Baltimore, Md. 601 South Conkling St. Baltimore, Md. National Old Kent Bank & Trust Co. Pearl Street Branch Grand Rapids, Mich. 111 Pearl Street ,,N.W. Grand Rapids, Mich. Member Michigan National Bank Charlotte Office Lansing, Mich. 128 South Cochran Ave. Charlotte, Mich. National 5-22-61 5-29-61 5-1-61 3-25-61 Name and location of hanks and "branches Class of bank Date of change Branches discontinued (cont'd) Security Bank Fillmore Street Branch Corinth, Miss. Fillmore Street Corinth, Miss. Ins .non. National Newark & Essex Banking Co. Franklin Office Newark, N . J . 730 Broad Street Newark, N . J . National Chase Manhattan Bank Eleven Broad Street Branch New York, N. Y. 11 Broad St. & Exchange Place Naw York, N. Y. (Borough of Manhattan) Member Limited Function Branch 4-30-61 5-19-61 37 Wall Street New York, N. Y. First National City Trust Co. Fifth Avenue Branch New York, N. Y. 640 Fifth Avenue New York, N. Y. (Borough of Manhattan) Hanover Bank Plaza Office 5-4-61 5-9-61 National New York, N. Y. 786 5th Ave. & 60th St. New York, N. Y. 5-3-61 5-1-61 Changes in title or location of "branches Member Farmers & Merchants Bank of Central California Parkway Estates Branch Moved from Moved to and renamed Southgate Office Lofcl, Ctilifv- • Sacramento, Calif. 7237 East Parkway Drive 4242 Florin Road Security-First National Bank El Centro Branch Moved from Moved to Los Angeles, El Centro, 496 Main 576 Main United California Bank Ontario Office Moved from Moved to Los Angeles, Calif. Ontario, Calif. 330 North Euclid Ave. 240 North Euclid Ave. Member Bank of America, N.T. & S.A. Corona Branch Moved from Moved to San Francisco, Calif. Corona, Calif. 601 South Main St. 400 East 6th St. National 5-27-61 Calif. Calif. Street Street 5-8-61 5-22-61 5-8-61 I -12- Name and location of "banks and "branches Class of bank Date of change Changes In title or location of "branches (cont'd) Bank of America, N.T. & S.A. (cont'd) San Francisco, Calif. National *Irvington Branch Irvington, Calif. Changed from 40655 Fremont Blvd., Irvington Changed to 40655 Fremont Blvd.,Fremont Crocker-Anglo National Bank San Francisco, Calif. Market-Ellis Office San Francisco, Calif. 800 Market Street Moved from Moved to 813 Market Street and renamed Market-Fourth Office Wells Fargo Bank American Trust Co. •^Greenfield Office Changed from Changed to National 5-15-61 San Francisco, Calif. Greenfield, Calif. 321 El Camino Real 219 El Camino Real Broadway-California Office Redwood City, Calif. Moved from 2529 Broadway Moved to 710 Hamilton Street and renamed Country Center Office 5-2-61 Member Connecticut National Bank Newtown Office Moved from Moved to Bridgeport, Conn. Newtown, Conn. 6 Queen Street k Queen Street American Security Bank Makiki Branch Moved from Moved to Honolulu, Hawaii Ins.non. Honolulu, Hawaii 1159 South Beretania St. 1108 Keeaumoku St. Merchants Indiana j Moved . Moved and Indianapolis, Ind. National Indianapolis, Ind. 126 East Washington Street 117 East Washington Street Nat. Bank & Trust Co. Trust Branch from • v. to renamed Drive-In Office Chariestown Savings Bank Summer Street Branch Moved from Moved to Boston, Mass. Boston, Mass. 55 Summer Street 1 Thompson Square ( Charlestown), Boston (The main office of this hank also moved, from the Thompson Square to the Summer Street address) 5-31-61 5-1-61 National 5-29-61 5-24-61 5- 8-6l 5-1-6l State Bank of East Jordon East Jordan, Mich. Ins.non. Boyne City Branch Boyne City, Mich. 5-22-61 Moved from 128 Water Street Moved to 101 River Street * This change is due to the incorporation of the city of Irvington into the city of •Fremont and does not represent and change in the actual location. ** This change is due to the reassignment of street addresses and does not represent Digitized forany change in the actual location. FRASER -13Name and location of "banks and "branches Class of bank Date of change Changes In title or location of "branches (cont'd) Chemical Bank New York Tr. Co. Rego Park Branch Moved from Moved to New York, N, Y. Member New York, N. Y.(Re go Park) 97-63 Queens Blvd. 97-4l Queens Blvd. Durham Bank & Trust Co. Me"bane Branch Moved from Moved to Durham, N. C. Mebane, N. C. 101 E. Center St. 204 W. Center St. First-Citizens Bank & Trust Co. Jacksonville Branch Moved from Moved to Smithfield N. C. Jacksonville, N.C. 220 Old Bridge St. 201 New Bridge St. Branch Banking & Trust Co. Pikeville Branch Moved from Moved to Wilson, N. C. . Pikeville, N. C. 113 Main Street 109 Main Street Fifth Third Union Trust Co. Cainar go -Made ira Branch Moved from Moved to Cincinnati, Ohio Madeira, Ohio 7692 Camargo Road 7101 Miami, Road First National Bank Coos Bay Branch Moved from Moved to Portland Ore. Coos Bay, Ore. 101 North Broadway 200 North Broadway 5-29-61 Ins.non. 5-29-61 4-19-61 Ins.non. 5-24-61 5-8-61 National 5-26-61 First Pennsylvania Banking & Tr. Co. Philadelphia, Pa. Wolf Street Branch Philadelphia, Pa. Moved from 7th & Wolf Street Moved to 7th & Porter Street and renamed Porter Street Office 5-15-61 Industrial National Bank Narragansett Branch Moved from Moved to Providence, R. I. Narragansett, R. I. 12 Beach Street 15 Kingstown Road National South Carolina National Bank Irby Street Office Moved from Moved to Charleston, S. C. Florence, S. C. 4l8 South Irby St. 408 South Irby St. National Vermont Bank & Trust Co. Bellows Falls Office Moved from Moved to Brattletoro, Vt. Bellows Falls, Vt. 37 Square Street 2 Church Street Ins .non. 5-22-61 5-26-61 J 5-1-61 -34Name and location of "banks and "branches Class of "bank Date of change Changes In title or location of "branches (cont'd) Virgin Island National Bank Christiansted Branch Moved from Moved to St. Thomas, V. I. Christiansted, St. Croix, V. I. 52 Kings Street 12-13 Kings Street National 5-1-61 National Bank of Commerce Bellevue Branch •Changed frcan Changed to National Seattle, Wash. King County, Wash. Redmond Road at N-E. 8th Street Redmond Road at N.E. 8th Street Bellevue Seattle-First National Bank **Okanogan Valley Branch Changed from Changed to Seattle, Wash. Okanogan, Wash. 1 S.W. Second Ave. 200 Second South Ave. National 5-22-61 5-24-61 Banking facility established at military & other Government establishments through arrangements made by Treasury Department American Security & Trust Co. Limited Banking Facility Farmers & Mechanics-Citizens National Bank Check-cashing service Washington, D. C. 22nd & C. Streets Washington, D. C. Frederick, Md. East Coast Relay Station Fort Detrick, Md. Frederick County Facility Transferred First National Bank Phoenix, Ariz. Yuma Test Station Facility Yuma Test Station (This facility was formerly Yuma, Ariz. operated by The Arizona Bank) * Member 5-15-61 National 5-31-61 5-15-61 This change is due to the annexation of the area by the City of Bellevue and does not represent any change in the actual location. ** This change is due to renumbering of street and does not represent any change in the actual location.