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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

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