Full text of G.4.5 Changes in Status of Banks and Branches : March 15, 1950

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CONFIDENTIAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE S Y S T E M . . .
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NOT AH" OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE.
CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING FEBRUARY 1950
Class of bank

Date of
change

M a n c h e s t e r , Conn„
Miami S h o r e s , F l a 0
Sarasota, Fla.
Alma, Ga .

National
National
I n s . normiem,
Noninsured

2-27-50
2-27-50
2-8-50
2-15-50

H i l l m a n , Mich 0

I n s . nonmem„

2-1-50

Member

2-14-50

Name and l o c a t i o n of banks and b r a n c h e s
New banks
( 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 )
F i r s t N a t i o n a l Bank .
P e o p l e s N a t i o n a l Bank
C i t i z e n s Bank
C i t i z e n s Bank .
( U n i n c o r p o r a t e d bank)
H i l l m a n S t a t e Bank

S u c c e s s i o n s and c o n v e r s i o n s
P e o p l e s Commercial
S a v i n g s Bank
Converted to—
P e o p l e s N a t i o n a l Bank

Bay C i t y , itlich.
Bay C i t y , Mich.

National

Consolidations, absorptions, etc3
C i t i z e n s Bank
United- S t a t e s 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
u n d e r c h a r t e r and t i t l e of
Unite'd S t a t e s N a t i o n a l Bank

Monrovia, C a l i f .
San D i e g o , C a l i f .

C i t i z e n s Bank & T r u s t Co.
Savannah Bank & T r u s t Co,
These two b a n k s merged u n d e r
" c h a r t e r and t i t l e o f
Savannah Bank & T r u s t Co.

S a v a n n a h , Ga.
S a v a n n a h , Ga.

C i t i z e n s T r u s t Co.
Absorbed b y C i t i z e n s N a t i o n a l Bank

Bedford, Ind.

N a t i o n a l Bank of Bay C i t y
Absorbed b y P e o p l e s N a t i o n a l Bank

Bay C i t y , Mich.

N o r t h w e s t e r n S t a t e Bank
. A b s o r b e d by—
, Bank o f Commerce & S a v i n g s

D u l u t h , Minn.

P e o p l e s S t a t e Bank
A b s o r b e d by—
JBank of Knob N o s t e r

Knob N o s t e r , Mo.




I n s . nonmem.
National

2-1L-50

Member
Member

2-27-50

San D i e g o , C a l i f .

S a v a n n a h , Ga.

Bedford, Ind.

Bay C i t y , Mich.

D u l u t h , Minn.

Knob N o s t e r , Mo,

Member
I n s . nonmem.

2-11-50

National
National

2-15-50

National
I n s . nonmem.

2-17-50

I n s . nonmem.
I n s „ nonmem.
I n s . nonmem.

2-11-50

Name a n d l o c a t i o n o f b a n k s and. b r a n c h e s

Class of bank

Date of
change

C o n s o l i d a t j o n s , a b s o r p t i o n s 9 e t c . - Cont* d
A u b u r n , Wash a

lank o f A u b u r n
Abe o r b e d b y N a t i o n a l Bank o f Commerce

S e a t t l e , Wash,

S o m e r s e t N a t i o n a l Bank
B a r k e r , ' N. Y»
Absorbed b y N i a g a r a C o u n t y N a t * 1 B k . & T r . C o . L o c k p o r t , N» Y,

Ins'c nonmem.

2-14-50

National
National

2-1-50

National

A d m i s s i o n s of S t a t e banks t o F e d e r a l R e s e r v e Membership
F a r m e r s S t a t e Bank
F i r s t S t a t e Bank

B r e c k e n r i d g e , Mich.
P i t t s b u r g , Texas

I n s . nonmem.
Noninsured

2-1-50
2-24-50

Changes i n name o r l o c a t i o n
P e o p l e s S a v i n g s Bank
Name c h a n g e d t o —
P e o p l e s Bank

M u r r a y , Ky.

I n s . nonmem.

2-23-50

C e n t r e v i l l e S t a t e Bank
Name o f town c h a n g e d t o

C e n t e r v i l l e , Mich.
C e n t r e v i l l e , Mich.

Member

1-1-50

I n d u s t r i a l Bank
Name c h a n g e d t o —
Bank o f S t . L o u i s

S t . L o u i s , Mo,

I n s . nonmem.

2-1-50

Pan A m e r i c a n T r u s t Co,
Name c h a n g e d t o —
A m e r i c a n T r u s t Co,

New Y o r k , N . Y.

Member

2-1-50

A m e r i c a n N a t i o n a l Bank
Name c h a n g e d t o —
F i r s t A m e r i c a n N a t i o n a l Bank

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

2-1-50

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 reservations but i n c l u d i n g banks c o n v e r t e d i n t o b r a n c h e s )
B i r m i n g h a m T r u s t N a t i o n a l Bank
E a s t Lake O f f i c e
(De n o v o )

Birmingham, A l a .
National
7524 F i r s t Avenue, N o r t h

Mountain Brook O f f i c e
(De n o v o )
U n i t e d S t a t e s N a t i o n a l Bank
Monrovia O f f i c e
( F o r m e r l y C i t i z e n s Bank)




2 8 0 3 Cahaba Road

/

San D i e g o , C a l i f .
102 S o . M y r t l e A v e .
Monrovia, C a l i f ,

2-6-50

2-13-50
National
2-ll|.-50

- 3Name a n d l o c a t i o n o f b a n k s a n d b r a n c h e s

Class of bank

Date of
change

B r a n c h e s e s t a b l i s h e d - Cont* d
(excluding o f f i c e s a t m i l i t a r y reservations but i n cluding banks converted i n t o branches)
Home N a t i o n a l Bank & T r u s t Co,
Uptown B r a n c h
(De n o v o )

M e r i d e n , Conn.
I4S9 B r o a d S t r e e t

I n d u s t r i a l T r u s t Co.
D r i v e - i n Branch
(De n o v o )

Wilmington, Del.
Member
D e l a w a r e Avenue b e t w e e n
Washington and West S t s .

National
2-1-50

S a v a n n a h Bank & T r u s t C o ,
Savannah, Ga.
Uptown B r a n c h
1 Bull S t r e e t
( F o r m e r l y C i t i z e n s Bank & T r . C o . )

Member

F i d e l i t y T r u s t Co.
D r i v e - I n Branch
. (De n o v o )

Indianapolis, Ind.
W4O N . M e r i d i a n S t .

Member

B a l t i m o r e N a t i o n a l Bank
West Baltimore O f f i c e
(De n o v o )

B a l t i m o r e , Md.
National
520 N o r t h F r a n k l i n t o w n Rd.

S p r i n g f i e l d I n s t i t u t i o n f o r Savings S p r i n g f i e l d , Mass.
F o r e s t Park Branch
5 6 1 Sumner A v e .
(De n o v o )

2-27-50

2-17-50

2-23-50

Noninsured
2-20-50

P e o p l e s N a t i o n a l Bank
Bay C i t y , M i c h .
W a s h i n g t o n Avenue B r a n c h
900 W a s h i n g t o n A v e .
(De n o v o ; f o r m e r l y h e a d o f f i c e
of p e o p l e s Commercial & S a v i n g s
Bank. This bank c o n v e r t e d t o
P e o p l e s N a t i o n a l Bank a n d moved
t o t h e f o r m e r l o c a t i o n o f The
N a t i o n a l Bank of Bay C i t y
w h i c h was a b s o r b e d b y P e o p l e s
N a t i o n a l Bank.)

2-15-50

C i t i z e n s Commercial & S a v i n g s Bank F l i n t , M i c h . C l i o & F l u s h i n g Roads B r a n c h
C l i o & F l u s h i n g Roads
(De n o v o )

Member

Union Bank o f M i c h i g a n
Paris-Wyoming Branch
(De n o v o )

Grand R a p i d s , Mich.
Z4.305 S . D i v i s i o n A v e .

Member

F i r s t N a t i o n a l Bank
North Jackson Branch
(De n o v o )

Jackson, Miss.
O l d C a n t o n Road &
Duling S t r e e t

National




2-20-50

2-6-50

2-23-50

2-6-50

"

K

Name and l o c a t i o n o f b a n k s a n d b r a n c h e s

Class of bank

Date of
change

B r a n c h e s e s t a b l i s h e d - Cont* d
(excluding o f f i c e s at military reservations but inc l u d i n g banks converted i n t o branches)
N i a g a r a C o u n t y N a t i o n a l Bk. & T r . C o . L o c k p o r t , N . Y.
Barker O f f i c e
B a r k e r , IT. Y.
( F o r m e r l y S o m e r s e t N a t i o n a l Bank)
C i t y Bank F a r m e r s T r u s t Co.
F i f t h Avenue B r a n c h
(De n o v o )

New Y o r k , N . Y„
6I4.O F i f t h Ave a

National
2-1-50
Member
1-27-50

C i t i z e n s & S o u t h e r n N a t ' 1 Bank o f S . C . C h a r l e s t o n , S . C„
National
West Ashley Branch
S e c t i o n H, A v o n d a l e A v e .
(De n o v o )
S t . Andrews P a r r i s h , S . C .

2-15-50

P e l z e r - W i l l i a m s t o n Bank
P e l z e r Branch
(De n o v o )

W i l l i a m s t o n , S„ C .
P e l z e r , S . C,

I n s . nonmem.
2-2-50

B a n k i n g & T r u s t Co,
F a l l Branch
(De n o v o )

J o n e s b o r o , Tenn.
F a l l B r a n c h , Tenn.

I n s . nonmem.

F i r s t S e c u r i t y Bank o f U t a h , N . A ,
Auto Bank B r a n c h
(De n o v o )

Ogden, Utah
National
I4.OI S o u t h Main S t .
S a l t Lake C i t y , U t a h

N a t i o n a l Bank of Commerce
Auburn Branch
( F o r m e r l y Bank of A u b u r n )

S e a t t l e , Wash.
A u b u r n , Wash.

2-9-50

2-1I4.-5O

National
2-1^-50

Branches a c q u i r e d by a b s o r p t i o n o r p u r c h a s e
U n i t e d S t a t e s N a t i o n a l Bank
Arcadia Office
(Formerly A r c a d i a Branch of
C i t i z e n s Bank, A r c a d i a , which
was a b s o r b e d b y U n i t e d S t a t e s
N a t i o n a l Bank)

San D i e g o , C a l i f .
National
128 E . H u n t i n g t o n D r .
Arcadia, Calif.

P e o p l e s N a t i o n a l Bank
509 E a s t M i d l a n d B r a n c h
( F o r m e r l y West Side O f f i c e of
The N a t i o n a l Bank of Bay C i t y ,
w h i c h was a b s o r b e d b y P e o p l e s
N a t i o n a l Bank)

Bay C i t y
National
509 E a s t M i d l a n d S t .




2-1^-50

2-15-50

- 5C l a s s of bank

Name a n d l o c a t i o n o f b a n k s a n d b r a n c h e s

Date of
change

Branches d i s c o n t i n u e d
C o l o n i a l - A m e r i c a n N a t i o n a l Bank
L i b e r t y T r u s t Branch

Roanoke, Va.
National
101-103 So. J e f f e r s o n S t .

S e a r c y Bank
Pangburn Branch

Searcy, Ark.
Pangburn, Ark.

2-21-50

I n s . nonmem.
2-28-50

Changes i n name o r l o c a t i o n o f b r a n c h e s
Bank o f A m e r i c a , K. T. & S . A .
Studio C i t y Branch
Moved f r o m
Moved t o

San F r a n c i s c o , C a l i f . N a t i o n a l
Los A n g e l e s , C a l i f ,
120Zj.l V e n t u r a B l v d .
12175 V e n t u r a B l v d .

2-27-50

Alhambra Boulevard Branch
Moved f r o m
Moved t o
and renamed—
Alhambra & K Branch

Sacramento, C a l i f .
1121 Alhambra B l v d .
1100 A l h a m b r a B l v d .

2-4-50

Town a n d C o u n t r y B r a n c h
Changed f r o m
Changed t o
( T h i s c h a n g e i s due t o r e numbering of s t r e e t s and does
n o t r e p r e s e n t a change i n
actual location.)

Sacramento, C a l i f .
21+25 M a r c o n i A v e .
2625 M a r c o n i A v e .

1-

F i r s t N a t i o n a l Bank
B a r d s t o w n Road B r a n c h
Moved f r o m
Moved t o

L o u i s v i l l e , Ky.

M a n u f a c t u r e r s T r u s t Co.
K i n g s Highway O f f i c e
Moved f r o m
Moved t o

New Y o r k , N . Y.

N a t i o n a l C i t y Bank
Madison A v e . Branch
Moved f r o m
Moved t o

New Y o r k , N . Y.

F i r s t N a t i o n a l E x c h a n g e Bank
W i l l i a m s o n Road B r a n c h
Moved f r o m
Moved t o

Roanoke, Va.




National
lO-31-l#

2118 B a r d s t o w n Road
2115 B a r d s t o w n Road
Member

2-20-50

1717 K i n g s Highway
I 6 6 3 East 17th St.
National

2-14-50

901 Madison Ave.
97U-990 M a d i s o n A v e .

1217 W i l l i a m s o n Road
3 6 2 5 W i l l i a m s o n Road

-50

National
2-20-50

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