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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