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• ^ 5S S A?R°!^ ILATI0N I S D E R I V E D LARGELY FROM SECONDARY soutaSf. J M OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. i CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.4.5 Ma^ch 18, 1953 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING FEBRUARY 1953 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Bank of Tokyo of California San Francisco, Calif. Membe: 2- 2-53 Sumitomo Bank (California) San Francisco, Calif. Membe: 2- 2-53 Central Colorado Bank Colorado Springs, Colo. Ins.non 1-19-53 Bank of Livonia Livonia, Mich. Ins.non. 1-15-53 Security State Bank Ephrata, Wash. Ins.non. 2- 9-53 Successions and conversions Glenville Bank Converted to-Glenville National Bank Scotia, N. Y. Scotia, N. Y. Membe]' 2- 2-53 National Voluntary liquidation (except incident to absorptions, successions, etc.) Bank of Cruger Cruger, Miss. Ins.non. 2-25-53 Ins.non. 2- 2-53 Consolidations, absorptions, etc. Co-ops' State Bank Absorbed by -Merchants National Bank Beech Grove, Ind. Central Savings Bank Citizens Savings Bank These two banks merged under charter and title of — Central Savings Bank Baltimore, Md. Baltimore, Md. Indianapolis, Ind. Baltimore, Md. National Ins.non. Noninw. Ins.non. 2- 2-53 Class of bank Name and location of banks and branches Date of change Consolidations, absorptions, etc. (Cont'd) l/ Citizens National Bank Frederick, Md. Absorbed by — Farmers - Mechanics-Citizens National Frederick, Md. Bank Bank of Michigan CityAbsorbed by — First State Bank Michigan City, Miss. National Mohawk River Bank Absorbed by — First National Bank Fonda, N. Y. Garden City Bank & Trust Co. Bank of Great Neck These two banks merged under charter of Garden City Bank & Trust Co. and title of -Long Island Trust Co. Garden City, N. Y. Great Neck, N. Y, First National Bank & Trust Co. Northern New York Trust Co. These two banks merged under charter and title of — Northern New York Trust Co. Massena, N Y. Watertown, Y. Bayside National Bank Bankers Trust Co. These two banks merged under charter and title of — Bankers Trust Co. New York, N. Y. New York, N. Y. Oswego County National Bank Syracuse Trust Co. These two banks merged under charter of Syracuse Trust Co. and title of — Marine Midland Trust Co. of Central New York Oswego, N. Y. Syracuse, Y. First National Bank Absorbed by -Peoples Union Bank Irwin, Pa. Holly Springs, Miss. National Ins.non. 2-21-53 Ins.non. National 2- 2-53 Canajoharie, N. Y. Garden City, N. Y. Watertown, N. Y. New York, N. Y. Syracuse National 2- 2-53 Y. McKeesport, Pa National Member Member 2- 9-53 Member National 2-24-53 Member Member National 2- 2-53 Member Member National 2- 2-53 Member Member National 2-24-53 Member - 3 Name and location of banks and branches Clas Date of change Consolidations, absorptions, etc. (Cont'd) Mayfield State Bank Absorbed by -First National Bank Mayfield, Pa. Miners & Merchants Bank Absorbed by — Seattle-First National Bank Chelan, Wash. Carbondale„ Pa. Seattle, Wash. Ins. on. 2-13-53 Natlcbal Memb^:r 2- 2-53 Natic nal Admission of State bank to Federal Reserve membership Compton Commercial & Savings Bank Compton, Calif. Ins.: Q. 2- 6-53 Withdrawal of State bank from Federal Reserve Membership Commercial Banking & Trust Co. Wooster, Ohio Insurtti tnce 2- 4-53 contimLued Changes in name or location Colorado Savings Bank Name changed to — Colorado Commercial & Savings Bank Colorado Springs, Colo. Ins.ion. 1-28-53 / Farmers & Mechanics National Bank Frederick, Md. Name changed to — Farmers & Mechanics-Citizens National Bank Commonwealth Bank Name changed to-Bank of the Commonwealth Detroit, Mich, National 2- 2-53 Membejr 2- 2-53 American National Bank Kalamazoo, Mich. Name changed to -American National Bank & Trust Co. National 2- 2-53 Security National Bank Name changed to — First National Bank Montevideo, Minn. National 2- 2-53 Chittenden County Trust Co. Name changed to — Chittenden Trust Co. Burlington, Vt. Ins.non. 2- 2-53 Name and location of banks and branches Class of bank Date of change Ins.non. 1-15-53 Changes in name or location (Cont'd) Danville Savings Bank & Trust Co. Name changed to — First State Bank Danville, Va. Branches established (including branches at military and other Government establishments and banks converted into branches) Bank of Tokyo of California Los Angeles Branch (De novo) San Francisco, Calif. Member 120 South San Pedro St. Los Angeles, Calif. 2- 9-53 Sumitomo Bank (California) Los Angeles Branch (De novo) San Francisco, Calif. 260 East First St. Los Angeles, Calif. Member 2- 2-53 First National Bank Seventeenth & Main Branch (De novo) Santa Ana, Calif. 1520 North Main St. National Delaware Trust Co. Price's Corner Office (De novo) Wilmington, Del. No. 1 Greenbank Rd. 2-11-53 Security Bank Eastern Branch (De novo) Washington, D. C. Member 2119 Bladensburg Rd., J.E. 2-24-53 First Security Bank of Idaho, N. A. Ketchum-Sun Valley Branch (De novo) Boise, Idaho National Leadville Ave. & Third St. Ketchum, Idaho Citizens Banking Co. Thirty-seventh & Main Sts. Branch (De novo) Anderson, Ind. 37th & Main Sts. Merchants National Bank Beech Grove Branch (Formerly Co-ops' State Bank) Indianapolis, Ind. 700 Main Street Beech Grove, Ind. Central Savings Bank Citizens Branch (Formerly Citizens Savings Bank) Baltimore, Md. Ins.non. Baltimore & Eutaw Sts. 2- 2-53 2- 2-53 Member 12-4-52 2- 2-53 2- 2-53 - 5 Name 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) Farmers & Mechanics-Citizens National Bank Market & Patrick Streets Branch (Formerly Citizens National Bank) National Frederick, Md. Market & Patrick Sts. 2- 2-53 Holyoke National Bank Maple Street Branch (De novo) Holyoke, Mass. 286 Maple St. Manufacturers National Bank Michigan-Curtis Branch (De novo) Detroit, Mich. 155^4 Michigan Ave. Dearborn, Mich. Peoples Savings Bank Twenty-Fourth Street Office (De novo) Port Huron, Mich. 24th & Union Sts. First State Bank Michigan City Branch Office (Formerly Bank of Michigan City) Holly Springs, Miss. Michigan City, Miss. Summit Trust Co. Passaic Valley Branch (De novo) Summit, N. J. Member Springfield Ave. New Providence, N. J. First National Bank Canajoharie, N. Y. Fonda Branch Fonda, N. Y. (Formerly National Mohawk River Bank) Long Island Trust Co. Great Neck Branch (Formerly Bank of Great Neck) Garden City, N. Y. 675 Middle Neck Rd. Great Neck, N. Y. Bankers Trust Co. Bayside Office (Formerly Bayside National Bank) New York, N. Y. 41-22 Bell Blvd. Marine Midland Trust Co. of Syracuse, N. Y. Central New York 186 West First St. Central New York Oswego West Office (Formerly Oswego County National Bank) Oswego, N. Y. ! NationafL 2- 2-53 2- 9-53 2-18-53 Ins.noni. j 2-21-53 2-28-53 2- 2-53 2- 9-53 2- 2-53 2- 2-53 - 6 - Name 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) Northern New York Trust Co. Massena Office (Formerly First National Bank & Tnist Co.) Watertown, N. Y. 36 Main Street Massena, N. Y. • %/ Bank of Greensboro Summit Avenue Branch (De novo) Greensboro, N. C. Greensboro, N. C. (/ State Trust Co. ' Fletcher Branch (De novo) Bendersonville, N. C. Fletcher, N. C. Member 2-24-53 1-12-53 Ins.non. 2- 7-53 First National Bank Piketon Branch (De novo) Waverly, Ohio National Second & Forsythe Sts. 2- 2-53 Piketon, Ohio Commercial Banking & Trust Co. Doylestown Branch (De novo) Wooster, Ohio Ins.non. 53-57 No. Portage St. 2- 2-53 Doylestoim, Ohio United States National Bank Hollywood Branch (De novo) Portland, Ore. National 3925 N. E. Hancock St. 2-16-53 First National Bank Mayfield Branch (Formerly Mayfield State Bank) Carbondale, Pa. Mayfield, Pa. National First National Bank Installment Loan Department (be novo) McKeesport, Pa. 226 Fifth Avenue National Peoples Union Bank Irwin Branch (Formerly First National Bank) McKeesport, Pa. 223 Main Street Irwin, Pa. Member Beneficial Saving Fund Society Boulevard Office (De novo) Philadelphia, Pa. Ins.non. Roosevelt Blvd. at Bobbins & Bustleton Ave. 2- 2-53 2-13-53 2- 9-53 I 2-24-53 ! - 7 Name and location of "banks and branches Dlate of [change Class of bank Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) ^ IX Fidelity-Philadelphia Trust Co. Ogontz Avenue Branch (De novo) Philadelphia, Pa. Ogontz Ave. & Washington Lane Providence Institution for Savings North Main Branch (De novo) Providence, R. I. 13^0 North Main St. Bank of Greenwood New Ellenton Branch (De novo) Greenwood, S. C. New Ellenton, S. C. Piedmont National Bank Main Street Branch (De novo) Spartanburg, S. C. 531 East Main St. National Seattle-First National Bank Chelan Branch (Formerly Miners & Merchants Bank) Seattle, Wash. 2 East Woodia Ave. Chelan, Wash. National i- 4-53 Nonius. -12-53 2- 2-53 2- 3-53 2- 2-53 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department^ National City Bank Port of Embarkation Facility New York, N. Y. 58th St. & First Ave. Brooklyn, N. Y. National | 2-16-53 Branches acquired by absorption or purchase Mechanics Bank San Pablo Branch (Formerly branch of American Trust Co., San Francisco, Calif., which was purchased by Mechanics Bank) Richmond, Calif. 2636 San Pablo Ave. San Pablo, Calif. Ins.non.1 2- 2-53 Name and location of banks and branches Class of bank Date of change Branches acquired by absorption or purchase (Cont-d) Bankers Trust Co. Little Neck Office Oakland Gardens Branch Turnpike Office (Formerly branches of Bayside National Bank, New York, N. Y., which merged with Bankers Trust Co.) Marine Midland Trust Co. of Central New York Fulton Office Oswego Office East Phoenix Office (Formerly branches of Oswego County National Bank, Oswego, N. Y., which merged with Syracuse Trust Co,, Syracuse, N. Y., under new title Marine Midland Trust Co. of Central New York) Member New York, N. Y. 250-01 Northern Blvd. Little Neck, N. Y. 221-44-^0 Horace Harding Blvd. Bayside, N. Y. 186-03 Union Turnpike Flushing, N. Y. Syracuse, N. Y. 35 South First St. Fulton, N. Y. 28 East Bridge St. Oswego, N. Y. Bridge & State Sts. Phoenix, N. Y. 2- 2-53 2- 2-53 2- 2-53 Member 2- 2-53 2- 2-53 2- 2-53 Facilities discontinued Bank of America N. T. i Camp Cooke Facility San Francisco, Calif. Santa Maria, Calif. National Farmers National Bank Camp McCoy Facility Sparta, Wis. Camp McCoy, Wis. National 2- 6-53 2-14-53 Changes in name or location of branches California Bank Canoga Park Office Moved from Moved to Los Angeles, Calif. 21530 Sherman Way 21834 Sherman Way Member 2-16-53 1 - 9 Name and location of banks and branches Class of bank Date of change Changes In name or location of branches (Cont'd) Citizens National Trust & Savings Bank Los Angeles, Calif. National Larchmond Boulevard Branch 2-16-53 155 N. Larchmond Blvd. Moved from 2U5 N. Larchmond Blvd. Moved to Bank of America N. T. & S. A. Benicia Branch Moved from Moved to San Francisco, Calif. Benicia, Calif. 640 First Street 900 First Street National First National Bank Montavilla Branch Moved from Moved to Portland, Ore. National First American National Bank Woodbine Branch Moved from Moved to Nashville, Tenn. Na Woodbine, Tenn. 2601 Nolensville Rd. 2513 Nolensville Rd. 8005 Southeast Stark St. 8135 Southeast Stark St. 2-24-53 2-21-53 2-27-53 Change in location of branch or office at military reservation Fulton National Bank Veterans Administration Hospital Moved to National Atlanta, Ga. Atlanta, Ga. 1-19-53 Fort McPherson, Ga. Revision of previous report The statement covering the month of October, 1952, reported that the Oswego County National Bank, Oswego, New York, opened a branch at 29 South First Street, Fulton, New York, on October 14, 1952. Advice has now been received that this branch was never opened for business.
@FedFRASER