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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.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102