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%
. THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES.
F. R. CONFIDENTIAL
NOT AN OFFICIAL REPORT OF CHANGES I1T THE BANKING STRUCTURE.,
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L.1+.5

March 17, 1959

CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING FEBRUARY 1959
Name and location of banks and branches

Class
of bank

Date of
change

New banks
(except successions and conversions)
Bank of Perrine

Perrine, Fla.
Dade County

Ins. Non.

2-18-59

Farmers & Merchants Bank

Bolivar, Mo.
Polk County

Ins. Non.

2-27-59

Central Bank

Central City, Nebr.
Merrick County

Ins. Non.

2-16-59

Horth State Bank

Amarillo, Texas
Potter County

Ins. Non.

2-5-59

Walla Walla National Bank

Walla Walla, Wash.
Walla Walla County

National

2-2-59

Member

2-2-59

•/

Succession and conversion
City Bank Farmers Trust Co.
New York, N.Y.
Converted to -First National City Trust Co. New York, N.Y.

National

Consolidations, absorptions, etc.
Security-First National Bank
First National Bank
Tulare County National Bank
Merged under charter and
title of —
Security First National
Bank

Los Angeles, Calif.
McFarland, Calif.
Visalia, Calif.

Los Angeles, Calif.

National

First National Bank
Bank of Delaware
Merged under charter and
title of ——
Bank of Delaware

Seaford, Del.
Wilmington, Del.

National
Member




Wilmington, Del.

National
National
National

2-2-59

2-2-59

-1

*

Name and location of banks and branches

Class
of bank

Date of
change

Consolidations, absorptions, etc. (Cont'd)
Ins. Non.
Member

2-27-59

Milford, Ind.
Warsaw, Ind.

Member
National

2-2-59

Warsaw, Ind.

National

Bank of Alma
First State Bank
Consolidated under charter
and title of —
Bank of Alma

Alma, Mich.
Ashley, Mioh.

Ins. Non.
Ins. Non.

Alma, Mich. •

Ins. Non.

Lodi Trust Co.
Saddle Brook State Bank
Merged under charter of
Saddle Brook State Bank
and title of —
Bank of Saddle Brook
& Lodi

Lodi, N.J.
Saddle Brook, N.J.

Ins. Non.
Member

2-9-59

DeRuyter State Bank
First Trust & Deposit Co.
Merged under charter and
title of —
First Trust & Deposit Co.

DeRuyter, N.Y.
Syracuse, N.Y.

Member
Member

2-2-59

Syracuse, N.Y.

Member

Chase Manhattan Bank
Clinton Trust Co.
Merged under charter and
title of —
Chase Manhattan Bank

New York, N.Y.
New York, N.Y.

Member
Member

2-2-59

Farmers & Merchants Trust Co.
Marion Bank
Merged under charter and
title of —
Farmers & Merchants
Trust Co.

Chambersburg, Pa.
Marion, Pa.

Member
Ins. Non.

2-24-59

Chambersburg, Pa.

Member

Union City, Pa.

National

Erie, Pa.

Ins. Non.

Seaford Trust Co.
Wilmington Trust Co.
Merged under charter and
title of —
Wilmington Trust Co.

Seaford, Del.
Wilmington, Del

Citizens State Bank
First National Bank
Consolidated under charter
and title of —
First National Bank

Home National Bank
Absorbed by —
Union Bank




Wilmington, Del.

2-9-59

Saddle Brook, N.J.

New York, N.Y.

2-2-59

• »4

Name and location of banks and branches

Class
of bank

Date of
change

Consolidations, absorptions, etc. (Cont'd)
/'Peoples National Bank
Bank of Greene, Incorporated
Merged under charter
and title of —
Peoples National Bank

Charlottesville, Va.
Stanardsville, Va.

National
Member

Charlottesville, Va.

National

Richmond, Va.
Richmond, Va.

National
Ins. Non.

2-2-59

Los Angeles, Calif.

National

2-2-59

Washington, D.C*

National

2-2-59

St. Petersburg Bank
Name changed to —
St. Petersburg Bank &
Trust Co.

St. Petersburg, Fla.

Ins. Non.

2-19-59

Commercial State Bank
Name changed to -Melvin State Bank

Melvin, 111.

Ins. Non.

2—13—59

Woodbury County Savings Bank
Name changed to —
Woodbury Bank & Trust Co.

Sioux City, Iowa

Ins. Non.

1-27-59

Union Stock Yards National Bank
Name changed to -Stockyards National Bank

Union Stock Yards, Kans.
(P.O. Wichita)

National

2-2-59

Frostburg, Md.

Ins. Non.

1-28-59 X

y/first & Merchants National Bank
Savings Bank & Trust Co.
Merged under charter and
title of ——
First & Merchants National
Bank

2-6-59

Richmond, Va.

Changes in name or location of banks
Citizens National Trust
& Savings Bank
Name changed to —
Citizens National Bank
v/Second National Bank
Name changed to —
First National Bank

y%Fidelity Savings Bank
Name changed to —
Fidelity Bank




- h '
Class
of bank

Name and location of banks and branches

bate of
change

Changes in name or location of banks (Cont'd)
•Farmers State Bank
Address changed to —

Monterey, Minn.
Trimont, Minn.

Ins. Non. 2-4-59

•Triumph State Bank
Address changed to —

Triumph, Minn.
Trimont, Minn.

Iiis. Non. 2-18-59

Lumberton, N.C.

National

Merchants & Farmers Bank Co.
Name changed to —
Milliard Bank

Milliards, Ohio

Ins. Non. 2-10-59

First Capitol State Bank
Name changed to —
First Capitol Bank

West Columbia, Texas

txlfational Bank of Lumber ton
Name changed to —
Southern National Bank

2-3-59

1-23-59

Branches established de novo
(Includes branches at military and other Government establishments)
Community National Bank
Kern River Valley Office

Buttonwillow, Calif.
Kernville, Calif.
Kern County

National

National City Bank
Downtown Auto Branch
235 Locust Avenue

Long Beach, Calif.
Long Beach, Calif.
Los Angeles County

National

Security First National Bank
Canoga Park Branch
21061 Sherman Way

Los Angeles, Calif.
Los Angeles, CalifLos Angeles County
(P.O. Canoga Park)

National

Pasadena, Calif.
Los Angeles, Calif.
Los Angeles County
(P.O. La Canada)

Member

Citizens Commercial Trust
& Savings Bank
La Canada Office
858 Foothill Boulevard

2-9-59

2-2-59

2-9-59

2-2-59

• These changes are due to the consolidation of the villages of Monterey and
Triumph under the new name Trimont and does not represent any change in the
actual location.




- 5 -

Name and location of banks and branches

Class
of bank

Date of
change

Branches established de novo (Cont'd)
(Includes branches at military and other Government establishments)
Bank of America, N.T. & S.A.
South Shore Branch
2263 South Shore Center

San Francisco, Calif.
Alameda, Calif.
Alameda County

National
2-26-59

Hamilton Plaza Branch
Campbell, Calif.
586 North San Jose-Los Gatos Road Santa Clara County

2-9-59

North Pomona Branch
2I4.75 North Garey Avenue

Pomona, Calif.
Los Angeles County

2-13-59

Crocker-Anglo National Bank
Redwood City Office
I4.9O El Camino Real

San Francisco, Calif.
Redwood City, Calif.
San Mateo County

2-16-59

Connecticut Savings Bank
Central Hamden Branch
22+27 Whitney Avenue

New Haven, Conn.
Hamden, Conn.
New Haven County

Nonins.

Fidelity Bank & Trust Co.
Augusta Branch
7085 North Michigan Road

Indianapolis, Ind.
Indianapolis, Ind.
Marion County

Member

Second National Bank
North Main Street Branch
North Main & Eleventh Streets

London, Ky.
London, Ky.
Laurel County

National

Louisiana Bank & Trust Co.
Petroleum Tower Branch
33° Texas Street

Shreveport, La,
Shreveport, La.
Caddo County

Ins. Non.

Baltimore, Md.
Baltimore County, Md.

Ins. Non.

^Equitable Trust Co.
Towson Branch
Towson Plaza Shopping Center
Dulaney Valley Road

V" Bank of Bethesda
Bethesda, Md.
Wildwood Shopping Center Branch
Montgomery County, Md.
Wildwood Shopping Center
Georgetown Road & Grosvenor Lane
Wellesley National Bank
Lower Falls Office
35 Washington Street




Wellesley, Mass.
Wellesley, Mass.
Norfolk County

i

2-9-59

2-13-59

2-6-59

1-5-59

2-18-59

Ins. Non.
2-2-59

National
2-16-59

v

— 6 —

Name and location of banks and branches

Class
of bank

Date of
change

Branches established de novo (Cont'd)
(Includes branches at military and other Government establishments)
Merchants Bank
Gratiot Branch
11+809 Gratiot Avenue

Detroit, Mich,
Detroit, Mich.
Wayne County

Nonins.

First National Bank
Clinton Branch
37910 Gratiot Avenue

Mount Clemens, Mich.
Clinton Township, Mich.
Macomb County
(P.O. Mount Clemens)

National

National State Bank
Seaport Office
Terminal and Marsh Streets

Newark, N.J.
Newark, N.J.
Essex County

Trenton Trust Co.
Edgewood Avenue Branch
15&L Edgewood Avenue

Trenton, N.J.
Trenton, N.J.
Mercer County

Ins. Non.

Ballston Spa National Bank
Burnt Hills Office
770 Saratoga Road

Ballston Spa, N.Y.
Burnt Hills, N.Y.
Saratoga County

National

Franklin National Bank
of Long Island
Baldwin Office
855 Merrick Road

Franklin Square, i
Baldwin, N.Y.
Nassau County

National

First National City Bank
Re go Park Branch
97-02 63rd Road, Rego Park

New York, N.Y.
New York, N.Y.
Queens County

National

Citizens National Bank
WeiIons Village Branch
101 Raynor Street

Durham, N.C. \
Durham, N.C. X
Durham County

National

2-2-59

2-2-59

2-214-59

1-21-59

2-14-59

2-14-59

2-27-59

2-2-59

Security National Bank
Greensboro , N.C.
Time Payment Department Branch
Tarboro, N.C.
110-112 St. James Street
Edgecombe County

Nation*!

Peoples Bank
Newport Branch
I4.I/+O Market Street

Youngstown, Ohio
Youngstown, Ohio
Mahoning County

Ins. Non.

First National Bank
Terrace Point Branch
1820 Maple Avenue

Zanesville, Ohio
Zanesville, Ohio
Muskingum County

National




2-16-59 '
2-9-59

2-23-59

- 7Class
of bank

Name and location of banks and branches

Date of
change

Branches established de novo (Cont'd)
(Includes branches at military and other Government establishments)
Miners Savings Bank
Broad Street Branch
7 Broad Street

Pittston, Pa,
Pittston, Pa.
Luzerne County

Ins. Non.

Rhode Island Hospital Trust Co.
Bristol Office
11^6 Hope Street

Providence, R.I.
Bristol, R.I.
Bristol County

Member

First National Bank
Rockwood Branch
Gateway Boulevard &
Eastland Circle

Harriman, Tenn.
Rockwood, Tenn.
Roane County

First National Bank
Poplar Plaza Drive-In Branch
3^00 Poplar Avenue

Memphis, Tenn.
Memphis, Tenn.
Shelby County

National

First National Bank
Motor Branch
2200 Wayne Road

Savannah, Tenn.
Savannah, Tenn.
Hardin County

National

National Bank of Commerce
Renton Branch
9111 Langston Road

Seattle, Wash.
King County, Wash.
(P.O. Renton)

2-2-59

2-24-59

2-16-59

2-13-59

2-16-59

2-19-59

Banks converted into branches
(See also Consolidations, absorptions, etc.)
Security First National Bank
Los Angeles, Calif.
McFarland Branch
McFarland, Calif.
Perkins Avenue and Third Street
Kern County
(Formerly First National Bank)

National

2-2-59

Bank of Delaware
Wilmington, Del.
High Street Branch
Seaford, Del.
311 High Street
Sussex County
(Formerly First National Bank)

Member

Wilmington Trust Co-.
Seaford Branch
High and Arch Streets
(Formerly Seaford Trust Co.)

Member




Wilmington, Del.
Seaford, Del.
Sussex County

2-2-59

2-27-59

I
i

t
i
a

8 -

Class
of bank

Name and location of banks and branches

bate of
change

Banks converted into branches (Cont'd)
(See also Consolidations, absorptions, etc.)
First National Bank
Milford Branch
Main Street

Warsaw, Ind.
Milford, Ind.
Kosciusko County

National

Bank of Alma
Branch Office
(Formerly First State Bank)

Alma, Mich.
Ashley, Mich.
Gratiot County

Ins. Non

Bank of Saddle Brook & Lodi
- Lodi Office
(Formerly Lodi Trust Co.)

Saddle Brook, N.J.
Lodi, N.J.
Bergen County

Chase Manhattan Bank *
10th Avenue and 57th
Street Branch
857 Tenth Avenue
(Formerly Clinton Trust Co.)

New York, N.Y.
New York, N.Y.
New York County

First Trust & Deposit Co.
DeRuyter Office
(Formerly DeRuyter State
Bank)

Syracuse, N.Y.
DeRuyter, N,Y.
Madison County

2-2-59

Farmers & Merchants Trust Co.
Marion Branch
(Formerly Marion Bank)

Chambersburg, Pa.
Marion, Pa.
Franklin County

2-2U-59

Union Bank
Union City Branch
(Formerly Home National Bank)

Erie, Pa.
Union City, Pa.
Erie County

Ins. Non.

Charlottesville, Va.
Stanardsville, Va.
Greene County

National

Richmond, Va.
Richmond, Va.
Independent City

National

(Formerly Citizens State Bank)

yx-^Peoples National Bank
Greene County Branch
(Formerly Bank of Greene,
Incorporated)
First & Merchants National Bank
Savings Bank Branch
1117 East Main Street
(Formerly Savings Bank &
Trust Co.)




2-2-59

2-8-59

2-9-59
Member
2-2-59

2-2-59

2-6-59

2-2-59

* 9 *

Name and location of banks and branches

Class
of bank

Date of
change

Branches acquired by consolidation, absorption, etc;

Bank of Delaware
Acquired through merger
and will operate the
branch formerly operated
by First National Bank,
-Seaford, in Sussex County.

Wilmington, Del.

Member

Chase Manhattan Bank
Acquired through merger
and will operate the three
branches formerly operated
by Clinton Trust Co., New
York, in New York County.

New York, N.Y.

Member

2-2-59

#

2-2-59

Branch discontinued
First National Bank
Cambridge Branch Office

Cambridge, Ohio

806 Wheeling Avenue
Cambridge, Ohio

2-21-59

Changes in name or location of branches

Security First National Bank
Foothill and Garey Branch
Moved from
Moved to

Los Angeles, Calif.
Pomona, Calif.
153 West Foothill Blvd.
II4.O East Foothill Blvd.

National

Central Valley National Bank
Oakley Branch
Moved from
Moved to

Oakland, Calif.
Oakley, Calif.
Third and Main Streets
Oakley Shopping Center,
Highway U

National

Bank of America, N.T. & S.A.
East San Jose Branch

San Francisco, Calif.
National
Santa Clara County, Calif.
(P.O. San Jose)
2167 Alum Rock Avenue
2300 Alum Rock Avenue

Moved from
Moved to
New Haven Savings Bank
West Haven Branch
Moved from
Moved to




New Haven, Conn.
West Haven, Conn.
531 Campbell Avenue
322-32I4. Main Street

2-16-59

2-2-59

2-24-59

Nonins.
2-3-59

— 10 —

Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or location of branches (Cont'd)
First National Bank
Stewart-Lakewood Branch
Moved from
Moved to

Atlanta, Ga*
National
Atlanta, Ga.
2051 Stewart Avenue, S.W.
2879 Lakewood Avenue, S.W.

Valley Bank & Trust Co.
Sixteen Acres Branch
Moved - from
Moved to

Springfield, Mass.
Springfield, Mass.
121+2 Parker Street
1918 Wilbraham Road

Member

Community Savings Bank
Waring Road Office
Moved from
Moved to

Rochester, N.Y.
Rochester, N.Y.
258 Waring Road
300 Waring Road

Ins. Non.

North Wilkesboro, N.C.
Statesville, N.C.
210 S. Center Street
301 S. Center Street

Ins. Non.

Philadelphia, Pa.
Fort Washington, Pa.
Pennsylvania and
Indiana Avenues
Upper Dublin Township
Pennsylvania Avenue,
Whitemarsh Township

Member

y^fforthwestern Bank
Statesville Branch
Moved from
Moved to
Girard Trust Com Exchange Bank
Port Washington Office
Moved from

2-5-59

2-16-59

1-12-59

2-9-59

2-16-59

Facilities discontinued
Hialeah-Miami Springs Bank
U.S. Naval Air Reserve
Training Unit

Hialeah, Fla.

Exchange National Bank
Ardmore, Okla.
Ardmore Air Force Base Facility Armore Air Force Base,
Okla.




Ins. Non.

Opa Locka, Fla.

2-1-59
National

2-28-59