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RESEARCH D E P A R T i . . . . . r 171947 M A Y ? ] 7Q47 CONFIDENTIAL FEDERAL R E S E R V E S A N K OF R I C H M O N D BOARD OF GOVERNORS OF 1T1E 'I'liDliiKAL-s L.1+.5 • ' FEDERAL RESERVE BANK OH R I C H M O N D 5TEM THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES March 12, 1947 NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING FEBRUARY 1947 C l a s s of bank Date of change National National I n s , nonmem. I n s . nonmem. I n s . nonmem. Uninsured I n s . nonmem. National Member I n s . nonmem. 2-17-47 2-1-47 2-19-47 2-15-47 2-3-47 2-3-47 2-18-47 2-24-47 2-14-47 2-20-47 Member 2-17-47 - Name and l o c a t i o n of banks and b r a n c h e s ( e x c e p t s u c c e s s i o n s and c o n v e r s i o n s ) C i t i z e n s N a t i o n a l Bank Tampico N a t i o n a l Bank R u s s i a v i l l e S t a t e Bank M e t a i r i e Savings Bank & Tr. Co. R i c h f i e l d S t a t e Bank & Tr. Co. Falcon Heights S t a t e Bank Lumberton S t a t e Bank F a i r Park N a t i o n a l Bank Hampton Oaks S t a t e Bank C a s t l e Rock Bank Orlando, F l a . Tampico, 111. R u s s i a v i l l e , Ind. M e t a i r i e , La. R i c h f i e l d , Minn. S t . P a u l , Minn, Lumberton, Miss. D a l l a s , Texas Houston, Texas P i n e v i l l e , W. Va. S u c c e s s i o n s and c o n v e r s i o n s Union T r u s t Co, Converted t © - Union N a t i o n a l Bank E a s t S t , L o u i s , 111, Farmers & Merchants Bank ( U n i n c o r p o r a t e d bank) Converted t o - Alden S t a t e Bank Alden, Mich. E a s t S t . L o u i s , 111. Alden, Mich. Portsmouth T r u s t & Guarantee Co. P o r t s m o u t h , N. H. Converted to— Portsmouth T r u s t Co. P o r t s m o u t h , N. H. National Uninsured 2-24-47 Uninsured Uninsured '2-28-47 Uninsured Voluntary liquidations (except i n c i d e n t to a b s o r p t i o n s , successions, e t c . ) S t a t e Bank of P l a i n v i l l e P l a i n v i l l e , 111. I n s . nonmem. 1-6-47 I n s . nonmem. 2-3-47 Consolidations, absorptions, etc. C i t i z e n s Bank Absorbed b y - Union T r u s t Co. Washington, D. C. Washington, D. C, I n s , nonmem. I - £ - Name a n d l o c a t i o n of b a n k s and b r a n c h e s Consolidations, absorptions, etc. , V a s s a r Bank F i r s t N a t i o n a l Bank These two b a n k s c o n s o l i d a t e d under c h a r t e r and t i t l e o f — F i r s t N a t i o n a l Bank S t a t e Bank of M a n s f i e l d Absorbed by— U n i o n Bank & T r u s t Co. A r l i n g t o n , N, Y. (P.O. Poughkeepsie, P o u g h k e e p s i e , N. Y. P o u g h k e e p s i e , N. Y. M a n s f i e l d , Texas F o r t W o r t h , Texas C l a s s of b a n k Date of change - Cont'd Member Y.) National 2-17-1+7 National Member Ins. 2-3-1+7 nonmem. A d m i s s i o n s o f S t a t e Banks t o F e d e r a l R e s e r v e m e m b e r s h i p B l a c k s h e a r Bank C i t i z e n s Bank B a s t r o p Bank & T r u s t Co. C u l b e r t s o n S t a t e Bank F i r s t S t a t e Bank D o l l a r S a v i n g s Bank Co. ^ C i t i z e n s Bank B l a c k s h e a r , Ga. C o l q u i t t , Ga. B a s t r o p , La, C u l b e r t s o n , Mont. F r o i d , Montana N i l e s , Ohio D a r l i n g t o n , S. C. nonmem. nonmem. nonmem. nonmem. nonmem. nonmem, nonmem. <£-5-147 2-6-1+7 2-15-1+7 2-20-1+7 • 2-20-1+7 2-13-1+7 2-11+-1+7 I n s . nonmem. 2-21+-1+7 Ins. Ins. Ins. Ins. Ins. Ins. Ins. Changes i n name o r l o c a t i o n Lakeside, Calif. L a k e s i d e C o m m e r c i a l & S v g s . Bk. Name and l o c a t i o n c h a n g e s V a l l e y C o m m e r c i a l & S a v i n g s Bk, E l C a j o n , C a l i f . 2-1-1+7 Home N a t i o n a l Bank M e r i d e n , Conn. Name c h a n g e d t o - - . Home N a t i o n a l Bank & T r u s t Co. M e r c h a n t s & F a r m e r s Bank Name c h a n g e d t o — F l o r i d a Bank a t M a d i s o n Madison, F l a . Ins. nonmem. 1-30-1+7 B o s s i e r S t a t e Bank Name c h a n g e d t o - B o s s i e r Bank & T r u s t Co. B o s s i e r C i t y , La. I n s . nonmem. 2-17-1+7 I n s . nonmem. r F 1-13-1+7 New F a r m e r s & M e r c h a n t s S t a t e Bk. R u s s e l l , Minn. Name c h a n g e d t o — F a r m e r s S t a t e Bank P e o p l e s Bank o f S u b u r b a n Kansas C i t y D o d s o n , Mo. Name and l o c a t i o n c h a n g e d t o - P e o p l e s Bank o f K a n s a s C i t y Kansas C i t y , Mo. # Uninsured 2-27-1+7 C l a s s . o f bank Name and location; of banks and branches Date Of change Changes i n name or l o c a t i o n - Cont'd F i r s t Savings Bank Ravenna, Ohio Name changed to— F i r s t Savings Bank & Trust Co. lepositors I n d u s t r i a l Loan Bank Name changed to— Depositors Bank 1-14-47 Ins. nonmem. Lynchburg, Va. 2-; 7-47 1 Branches e s t a b l i s h e d " (excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s b u t i n c l u d i n g banks converted i n t o branches) V a l l e y Commercial & Savings Bk. Lakeside Branch (De novo) El Cajon, C a l i f . Lakeside, C a l i f . American Trust Co. Orinda O f f i c e (De novo) San Francisco, C a l i f ; Orinda,-Calif. 2-10-47 Washington, D. C. Ins, nonmem. 700 Fourteenth St. , N.W. 2-3-47 Bastrop, La. Bastrop, La. 2-19-47 Union Trust Co. ^ l4th & G Street Office * (Formerly C i t i z e n s Bank) 6 Bastrop Bank & Trust Co. West Madison S t . Branch (De novo) •^Provident Savings Bank B e l a i r Road & Frankford Ave. Branch (De novo) Baltimore, Md. Ins. nonmem. 2-2I4-I47 Ins. nonmem. 5311 B e l a i r Road 2-15-47 F i r s t National Bank Vassar Branch (Formerly Vassar Bank). National Poughkeepsie, N. Y. A r l i n g t o n , N. Y. (P. 0. Poughke'epsie, N. Y.) Union National Bank Myers Park Branch (De novo) C h a r l o t t e , N. C. 609 Providence Rd. Plaza Branch' (De novo) •^Edgecombe Bank & Trust Co. Oak C i t y Branch (De novo) Nationa 1-28-47. 1506 Central Avenue T&rboro, N. C, Oak C i t y , N. C. 2-17-47 2-1-47 Ins. nonmem. 2-5-47. - h - Name and l o c a t i o n o f banks and "branches C l a s s o f bank Date o f change Branches e s t a b l i s h e d - C o n t ' d (excluding o f f i c e s a t m i l i t a r y reservations but including banks c o n v e r t e d i n t o b r a n c h e s ) S e a t t l e Trust & S a v i n g s Bank Times Square Branch (De novo) S e a t t l e , Wash. S i x t h & S t e w a r t Sts» 2-20-1+7 Waukesha N a t i o n a l Bank Butler Office (be novo) Waukesha, W i s . B u t l e r , Wis. 2-17-U7 Branches d i s c o n t i n u e d S t . Jemes S a v i n g s Bank Eager S t r e e t Branch B a l t i m o r e , Md. 1 2 1 6 E. Eager S t r e e t Chase N a t i o n a l Bank F i f t h Avenue Branch New York, N. Y. 201+ F i f t h Avenue 12-16-1+6 National 2-21-1+7
