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if.R. CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L".4.5 March 15, 1957 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING FEBRUARY 1957 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Central Brevard National Bank Cocoa, Fla, SreVard County National 2-16-57 Durand State Bank Durand, 111, Winnebago County Ins 4non, 2- 1-57 City Bank & Trust Co. Boston, Mass. Suffolk County Ins i n o w 2- 5-57 Bowie County State Bank Hooks, Texas Bowie County Ins.non. 2-16-57 Murray State Bank Murray, Utah Salt Lake County Nonins. 2-11-57 Member 2- 1-57 Successions and conversions St, Cloud, Minn, Zapp State Bank Converted to -Zapp National Bank St. Cloud, Minn. National Consolidations. absorptions, etc. Flagstaff, Ariz. Bank of Flagstaff Phoenix, Ariz. Valley National Bank Merged under charter and title of - Phoenix, Ariz, Valley National Bank Modesto Bank & Trust Co. Bank of California, N.A, Merged under charter and title of -Bank of California, N,A. Modesto, Calif, San Francisco, Calif, Ins,non. National National Ins,non. National 2- 4-57 San Francisco, Calif,National First Merchants National Bank & Trust Co.Lafayette, Ind, West Lafayette, Ind, Purdue State Bank Consolidated under charter of First Merchants National Bank & Trust Co, and title of - Lafayette, Ind, Purdue National Bank National Ins.non. 2- 1-57 National Citizens Commercial & Savings Bank Flint, Mich. Member Otisville State Bank Otisville, Mich, Ins,non. Consolidated under charter and title of - Citizens Commercial & Savings Bank Flint, Mich, Member r ^Sr™T0': S' 1 L43GSLY FROM SECONDARY SOURCES., AN OFFICIAL RKPOHI O / CHAliGES IN THE BANKING STRUCTURE., i 2-13-57 2- 2-57 -2- Name and location of banks and branches Class of bank Date of . change. Consolidations, absorptions, etc..(Cont'd) Citizens feank Absorbed by — First State Bank Fortescue, Mo. Haledon National Bank • Absorbed by — County Bank & Trust Co. Haledon, N, J. Cazenovia National Bank First. Trust & Deposit Co, Merged under charter and title of - First Trust & Deposit Co. Cazenovia, N» I. Syracuse, N, Y. Fair Haven National Bank Lincoln National Bank & Trust Co. Merged under charter and title of — Lincoln National Bank & Trust Co, Fair Haven, N. Y. Syracuse, N. Y. Syracuse, N. Y, National Phillipsburg State Bank Absorbed by - Winters National Bank & Trust Co. Phillipsburg, Ohio Ins.non. Forest City, Mo. Paterson, N. J. Syracuse, N. Y. Dayton, Ohio First National Bank Houston, Pa. Western Pennsylvania National Bank McKeesport, Pa. Consolidated under charter and title of - Western Pennsylvania National Bank McKeesport, Pa. Bank of Norview Southern Bank Merged under charter and title of — Southern Bank Norfolk, Va. ' Norfolk, Va. • Norfolk, Va, Nonins. 2-22-57 Ins.non, National 2-18-57 Ins.non, National Member 2-25-57 Member National National 2-18-57 2- 2-57 I National National National 2- 2-57 National Ins.non. Ins.non. 2- 1-57 Ins.non, I I Withdrawal of State bank frnm Federal Reserve Membership Washington Loan & Banking Co, Washington, Ga, Changes in name or location of banks Insurance 2- 4-57 Continued National Bank of Brunswick Name changed to - First National Bank Brunswick, Ga, National 2- 1-57 Granite National Bank Name changed to — South Shore National Bank Quincy, Mass, National 2-25-57 Second National Bank & Trust Co. Name changed to — Second National Bank Saginaw, Mich. National 2- 1-57 ? ! •3Class Name and location of banks and branches Date of Changes in naina or location df banks; (C6ht*d') Wadena County State Bank Name changed to Wadena State Bank Wadena, Minn. Member 2-25-57 Kansas City Trust Co. Name changed to - Kansas City Bank 6 Trust Co. Kansas City, Mo, Ins.non. 1-15-57 Newfcurgh, N. Y. National 2-15-57 Phelps, Wis. Ins.non. 2- 2-57 Highland-Quassaick National Bank & Trust Co. Name changed to - Highland National Bank Phelps State Bank Name and location changed to Headwaters State Bank Land 0'Lakes, Wis. Branches established de novo (includes branches at military and other Government establishments) Merchants National Bank Motor Branch 102 Saint Michael Street Mobile, Ala. Mobile, Ala. Mobile County National 2- 4-57 California Bank Los Angeles, Calif, 626 South Spring Street Office Los Angeles, Calif. 626 South Spring Street Los Angeles County (Clearing and Transit Department moved into new office on November 10, 1956) Member Crocker-Anglo National Bank Middlefield-Colorado Office 2775 Middlefield Road San Francisco, Calif. Palo Alto, Calif. Santa Clara County National New Britain National Bank West Ehd Office 330 West Main Street New Britain, Conn. New Britain, Conn, Hartford County National Waterbury Savings Bank Mill Plain Office 281 Meriden Road Waterbury, Conn. Waterbury, Conn. New Haven County Nonins, Idaho First National Bank Levdston Office 835 Main Street Boise, Idaho Lewiston, Idaho Nez Perce County National National City Bank Lavmdale Branch 5000 Washington Avenue Evansville, Ind, National Vanderburgh County, Ind. (P.O. Evansville) 1-12-57 2-11-57 2- 4-57 2-18-57 2-25-57 2-11-57 -4Nam© arid location of banks and branches Class Date of b£ bank] charlge Branches established de novo (Cont'd^ (includes branches at military and other Government establishments) Bank of Whitesburg Jenkins Branch Whitesburg, Ky. Jenkins, Ky. Letcher County Ins.non, First National Bank of St. Mary's Lexington Park Office . Route 235 (Formerly Lexington Park Area Facility which discontinued when the branch opened,) Leonardtown, Mi. ' Lexington Park, Md. St. Marys County National Boston Five Cents Savings Bank Milk Street Branch 77 Milk Street Boston, Mass. Boston, Mass. Suffolk County Nonins. Franklin Savings Bank Charles Street Branch 66 Charles Street Boston, Mass. Boston, Mass, Suffolk County Nonins. Perry County Bank Beaumont Branch Office New Augusta, Miss, Beaumont, Miss. Perry County Ins.non, National Bank of New Jersey Middlesex Office 1266 Bound Brook Road New Brunswick, N. J, Middlesex, N. J. Middles ex County National Meadow Brook National Bank Island Park Office 112 Long Beach Road (De novo; replaces the agency previously operated seasonally between May 1 and September 30 of each year.) Freeport, N. Y, Island Park, N, Y. Nassau County National National Bank of Geneva Plaza Office Town and Country Shopping Plaza 303-381 Hamilton Street Geneva, N. Y, Geneva$ N, Y. Ontario County National Clinton Trust Co. Commuters Branch .625 Eighth Avenue New York, N. Y. New York, N, Y, New York County Member Lincoln Rochester Trust Co, Henrietta Office 1575 East Henrietta Road Rochester, N. Y. Henrietta, N. Y. Monroe County (P.O. Rochester) Member 2-14-57 2-1-57 2-25-57 2- 1-57 1 2- 1-57 2-27-57 $ 1 2-18-57 1 2-28-57 # 2-15-57 2-25-57 l ue ti Name and location of banks and branches Class Date of of bank) change . Branches established de novo (CofttM) (includes branches at military and other Government establishments) Northern New York Trust Co. Massena East Orvis Street Office East Orvis Street Watertown, N. Y, Massena, N, Y. St. Lawrence County Member Union National Bank Hutchison Avenue Branch 1200 Hutchison Avenue Charlotte, N, C. z Charlotte, N. C. Mecklenburg County National Durham Bank & Trust Co.^ Butner Branch Durham, N. C. f Butner, N. C. Granville County Ins.non. Peoples National Bank & Trust Co, Levittown Office 1-3-5-7 Country Club Shopping Center Langhorne, Pa. Levittown, Pa. Bucks County National Western Saving Fund Society Willits Road Branch 3142 Willits Road Philadelphia, Pa. Philadelphia, Pa. Philadelphia County Ins.non. Upper Darby National Bank Lawrence Park Office Lawrence Park Shopping Center Upper Darby, Pa. Marple Township, Pa. Delaware County (P.O. Broomall) National Bank of Florence East Florence Branch Cheves and Dargan Streets Florence, S. C. Florence, S. C, Florence County Ins.non. Colonial-American National Bank Northwest Branch 2226 Melrose Ave,,N.W. Roanoke, Va. Roanoke, Va. Independent City National Seattle-First National Bank Airport Branch Seattle-Tacoma International Airport Seattle, Wash. King County, Wash. (P.O. Seattle) National Washington Trust Bank East Sprague Branch 3510 East Sprague Avenue Spokane, Wash. Spokane, Wash. Spokane County Member 2-20-57 2-26-57 2-11-57 2-15-57 2-28-57 2- 1-57 2-16-57 2- 8-57 2-18-57 2-11-57 Banks converted into branches (See also Consolidations. absorptions. Valley National Bank Flagstaff Branch 123 North Leroux Street (Formerly Bank of Flagstaff) Phoenix, Ariz. Flagstaff, Ariz. Coconino County National 2-13-57 -6Name and location of batiks Class of bank bfratlches Date of change Banks converted into branches (Contyd) (See aldo Consolidations, absorptions, etc.) Bank of California, N.A. Modesto Office 819 - 10th Street (Formerly Modesto Bank & Trust Co.) San Francisco, Calif. Modesto, Calif. Stanislaus Couiity National Purdue National Bank West Lafayette Branch Reserve Square (Formerly Purdue State Bank) Lafayette, Ind. West Lafayette, Ind. Tippecanoe County National Citizens Conmercial & Savings Bank Otisville Branch 154 West Main Street (Formerly Otisville State Bank) Flint, Mich. Otisville, Mich. Genesee County Member Paterson, N. J. Haledon, N, J. Passaic County Ins.non. First Trust & Deposit Co. Cazenovia Banking Office (Formerly Cazenovia National Bank) Syracuse, N» Y. Cazenovia, N. Y. Madison County Member Lincoln National Bank & Trust Co. Fair Haven Office (Formerly Fair Haven National Bank) Syracuse, N. Y. Fair Haven, N. Y. Cayuga County National Winters National Bank & Trust Co. Phillipsburg Branch (Formerly Phillipsburg State Bank) Dayton, Ohio Phillipsburg, Ohio Montgomery County National Western Pennsylvania National Bank Houston Branch 14 East Pike Street (Formerly First National Bank) McKeesport, Pa. Houston, Pa. Washington County . National . County Bank & Trust Co. Haledon Office 271 Belmont Avenue (Formerly Haledon National Bank) Southern Bank Norview Branch 5301 East Sewells Point Road (Formerly Bank of Norview) Norfolk, Va. Norfolk, Va, Independent City 2- 4-57 2- 1-57 2- 2-57 2-18-57 2-25-57 2-18-57 2- 2-57 2- 2-57 Ins.non, 2- 1-57 Branches acquired bv consolidation, absorption. etc. Bank of California, N»A. San Francisco, Calif. Acquired through merger and will operate the two branches formerly operated by Modesto Bank & Trust Co., Modesto, in Stanislaus County, National 2- 4-57 i I Class Date of of bank! change Name and location of banks and branches Branches acquired bv consolidation, absorption, etc. (Cont*dl Citizens Commercial & Savings Bank Acquired through consolidation and •will operate the branch formerly operated by Otisville State Bank, Otisville, in Lapeer County. Flint, Mich. Bank of America, N.T, & S.A, JeffersonrSan Pedro Branch San Francisco, Calif. 3331 South San Pedro Street, Los Angeles, Calif. Norwood Bank & Trust Co. South Nonfood Branch Norwood, Mass. Ins.non, 1136 Washington Street South Norwood, Mass, First Pennsylvania Banking & Trust Co, 15th & Walnut Streets Branch Philadelphia, Pa, 15th & Walnut Streets Member 2- 2-57 National 2- 4-57 2- 8-57 Membier 2-26-57 Changes in name or location of branches Citizens National Trust & Savings Bank Yucaipa Valley Office Moved from Moved to Riverside, Calif. Yucaipa, Calif, 34931 Yucaipa Blvd. 35120 Yucaipa Blvd. Bank of America, N.T, & S.A, 25th & Central Branch Moved from Moved to and renamed Central-Jefferson Branch San Francisco, Los Angeles, 2332 South 3420 South Linda Mar Branch Moved from Moved to National 2-11-57 Calif, National Calif. Central Ave. Central Ave. Pedro Valley, Calif. 1315 Linda Mar Shopping Center 1375 Linda Mar Shopping Center 2-28-57 Idaho-First National Bank Lewiston Office Name changed to Lewis-Clark Office Boise, Idaho Lewiston, Idaho Bank of New York Fifth Avenue Office Moved from Moved to New York, N. Y. Member New York, N„ Y. 511-513 Fifth Avenue 530 Fifth Avenue 2- 4-57 National 2-2>57 2-28-57 -dName and location of banks and branches First National Bank Time Payment Department Branch Moved from Moved to Morganton, N. C. Morganton, N. C. 110 South Sterling Street 118 South Sterling Street Class Date of of bank I charted National 2- 8-57 United States National Bank Newberg Branch Moved from Moved to Portland, Ore. National Newberg, Ore. 620 East First Street 515 East First Street Liberty Real Estate Bank & Trust Co. Olney Office Moved from Philadelphia, Pa. Philadelphia, Pa. 5533-35 North 5th Street 417-19 West Olney Avenue Moved to 2-16-57 Ins.non. 2-25-57