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V 1 ) <C.)\ EfUL RfcScflVB SANK CONFIDENTIAL LA.5 March 15, 1951THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING FEBRUARY 1951 Name aiid location of banks and branches Class of bank., Date of change Noninsured 2-13-51 Successions and conversions Leachville Exchange Converted to-Leachville State Bank Leachville, Ark. Leachville, Ark. Ins. nonmem. Iuka State Bank Succeeded b y — The Iuka State Bank Iuka, Kans. Noninsured Iuka, Kans. Ins. nonmem. Corbln State Bank Corbin, Kans. 2-13-51 Suspension Noninsured 2-9-51 2-12-51 Consolidations, absorptions, etc. Carroll'Country Savings Bank Absorbed by-B i m i e Trust Co. . Uniontown, Md. Ins. nonmem. Taneytown, Md. Ins. nonmem. Morris Plan Bank & Banking Co. Absorbed b y — Brockton National Bank Brockton, Mass. Noninsured Brockton, Mass. National National Bank & Trust-Co. Absorbed b y — First National Bank. Erie, Pa. National Erie, Pa. National Union National Bank Absorbed b y — Peoples Union Bank McKeesport, Pa. National McKeesport, Pa. Member Floyd, Va. Floyd, Va. Ins. nonmem. Ins. nonmem. Floyd, Va. Ins. nonmem. y F l o y d County Bank ,Peoples Bank of Floyd County These two banks consolidated under title of — Bank of Floyd 2-19-51 2-1-51 2-26-51 2-26-51 Admissions of State banks to Federal Reserve membership •farmers State Bank Alpha, 111. Ins. nonmem. 2-28-51 Nashville State Bank Nashville, Ind. Ins. nonmem. 2-9-51 •2- Class of bank Date of change La Grange, 111. Ins. nonmem. 1-9-51 Berlin Heights Banking Co. Name and location changed to — Firelands Community Bank Berlin Heights, Ohio Ins. nonmem. 2-1-51 Huron, Ohio Ins. nonmem. Peoples City Bank Name changed t o - Peoples Union Bank McKeesport, Pa. Member 2-20-51 National 2-1-51 Name and location of banks and branches Changes in name or location La Grange State Trust & Savings Bank Name changed to — La Grange State Bank Cement National Bank of Siegfried Northampton, Pa. Name changed t o - Cement National Bank Branches established (including branches at military and other government establishments and banks converted into branches) National First National Bank of Arizona Florence Branch (De novo) • Ynmw. Me DO Branch '(De novo) Phoenix, Ariz. Florence, Ariz. Twin Falls Bank & Trust Co. Kimberly Branch (De novo) Twin Falls, Idaho Kimberly, Idaho Old National Bank East Side Office (De novo) Evansville, Ind. 959-961 Washington Ave. National Birnie Trust Co. Uniontown Bank Branch (Formerly Carroll County Savings Bank) Taneytown, Md. Uniontown, Md. Ins. nonmem. Brockton, Mass. 27 Belmont Street National Brockton National Bank Belmont Street Branch (Formerly Morris Plan Bank & Banking Co.) 2-19-51 1018 Fourth Avenue Yuma, Ariz. Citizens Commercial & Savings Bank Flint, Mich. Detroit-Dewey Street Branch Detroit & (De novo) Dewey Streets 2-5-51 2-19-51 1-8-51 2-12-51 2-19-51 Member 2-13-51 -3Name and location of "banks and branches Class of bank Date of change Branches established (Cont'd) (including branches at military and other government establishments and banks converted into branches) Second National Bank & Trust Co. Saginaw, Mich. Auto Branch 60k South Washington (De novo) Avenue First National Bank South Glens Falls Branch (De novo) National 2-7-51 Glenp Falls,.Ni.Y. National 99 Main Street South Glens Falls, N.Y. Bank of the Manhattan Co. New York, N. Y. Broadway at 57th Street Office 250 West 57th St. (De novo) 1 Member Bayside National Bank Little Neck Office (De novo) New York, N. Y. 250-01 Northern Blvd. Little Neck, N. Y. National Manufacturers Trust Co. Marine Park Branch (De novo) First Trust & Deposit Co. Valley Office (De novo) New York, N. Y. 2927-29 Avenue U, Brooklyn, N. Y. Syracuse, N. Y. 4715 South Salina St. Member First National Bank Tenth & State Branch (Formerly National Bank & Trust Co.) Erie, Pa. 1005 State Street 2-20-51 Peoples Union Bank McKeesport, Pa. Union Bank Branch McKeesport, Pa. (Formerly Union National Bank) 2-27-51 2-13-51 2-5-51 \ 2-26-51 f Member National 2-1-51 I ? Member 2-26-51 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Manufacturers Trust Co. Fort Jay Office New York, N. Y. Governors Island, N. Y. Member First National Bank Sampson Air Force Base Waterloo, N. Y. Sampson, N. Y. National 2-13-51 1-31-51 Changes in name or location of branches First National Bank Woodlawn Branch Moved from Moved to Birmingham, Ala. 5502 First Avenue, North 5428 First Avenue, North I X National 2-26-51 -It- Name and location of banks and "branches Class of bank Date of change Changes in name or location of branches (Cont'd) United States National Bank Pacific Beach Office Moved from Moved to San Diego, Calif. National 2-13-51 1135 Garnet Avenue 1302 Garnet Avenue Bank of America N.T. & S.A. *Willov Glen Branch Changed from Changed to San Francisco, Calif. San Jose, Calif, 1151 Lincoln Avenue 1155 Lincoln Avenue National Bank & Trust Co. Western Avenue Branch Moved from Moved to National South Bend, Ind. 2-16-51 2-8-51 1624 Western Avenue 2506 Western Avenue Berlin Heights Banking Co. Berlin Heights, Ohio Designated its branch at Huron, Ohio as the head office; former head office at Berlin Heights will be operated as a branch. On the same date the name of the bank was changed to Firelands Community Bank Ins. nonmem. 2-1-51 United States National Bank Ontario Branch Moved from Moved to National Portland, Ore. Ontario, Ore. N.E. Corner of Nevada & Oregon Sts. 221 S. W. First Street Northeast Mayfair Moved Moved Philadelphia, Pa. National Bank Branch from to 2-10-51 National 2-27-51 7211 Frankford Avenue 7157-59 Frankford Avenue Revision of previous report The statement covering the month of January 1951# page 6, reported the reestablisbment on June 16, 19^9 of the Keesler Field Facility by the First National Bank of Biloxi, Biloxi, Mississippi. The correct name of the parent bank is First Bank of Biloxi. This change is due to renumbering of streets and does not represent a change in Change was reported to the Federal Reserve Bank on the the actual location. date given; the date on which the change occurred was not given.