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LIBRARY-

M A Y 181949^1

CONFIDENTIAL

FtOE.HAL RESERVE BANK
OF RICHMOND

BOARD OF GOVERNORS OF THE FEDERAL RESERVE S Y S T #
L.14.5

THTS COirPTLATTO>! IS DERIVED LARGELY FROM SECONDARY SOURCES.
May 13, I9h$
NOT AN OFFICIAL F^POiir C- CKA.:GZ3 1 1 THE BANKING STRUCTURE.
.
1
CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING APRIL 19U9
Name and location of banks and branches

Class of bank

Date of
change

New banks
(except successions and conversions)
Visalia, Calif.
Milledgeville, Ga.

National
Noninsured

U-18-U9
U- -U9

Little River, Kans.

Tulare County National Bank
Stembridge Banking Co.
(Unincorporated bank)
Home State Bank

Ins. nonmem.

U-30-U9

Noninsured

U-1-U9

Successions and conversions
Citizens Clearing Bank
(Unincorporated bank)
Converted t o —
Citizens Clearing Bank

Eastman, Ga.

M. S. Bailey & Son,Bankers
(Unincorporated bank)
Converted t o —
M. S. Bailey & Son, Bankers

Clinton, S, C.

Hemingway Depository
Succeeded b y —
Anderson State Bank

Hemingway, S. C.

Farmers & Merchants Bank
Commercial Bank
(Unincorporated banks)

Blairsville, Ga.
Jasper, Ga.

Eastman, Ga.

Clinton, S* C.

Hemingway, S. C.

Ins. nonmemf
Noninsured

U-2-U9

Ins. nonmem.
Ins* nonmem,

U-7-U9

Ins. nonmem.

Suspensions
Noninsured
Noninsured

1-29-19
li-29'U9

Voluntary liquidations
(except incident to absorptions, successions, etc.)
Virgil State Bank

Virgil, H I .

Ins. nonmem.

3-2U-U9

National
National

lwl-li9

Consolidations, absorptions, etc.
Abington National Bank
First National Bank
These two banks consolidated
under charter and title o f —
First National Bank




Clarks Summit, Pa.
Scranton, Pa.
Scranton, Pa.

National

-

2

-

Name and location of banks and branches

Class of bank

Date of
change

Admissions of State banks to Federal Reserve Membership
First State Bank

Hawkins, Texas

Noninsured

li-U-^9

Withdrawals of State banks from Federal Reserve Membership
Grants State Bank

Grants, New Mexico

Ins. cont!d

U-28-U9

Ins. nonmem.

U-2-U9

Changes in name or location
Burnside Savings Bank
Name and location changed to—
Union Trust & Savings Bank

Burnside, Iowa

Traders Gate City National Bank
Name changed to—
Traders National Bank

Kansas City, Mo.

National

U—1—U9

Commercial Bank
Name and location changed to—
Commercial Bank of Oregon

Banks, Ore.

Ins. nonmem.

U-1-U9

Fort Dodge, Iowa

West Slope, Ore.
Branches established

(excluding offices at military reservations but including banks converted into branches)
Valley National Bank
University Branch
(De novo)

National
Phoenix, Ariz.
812 North Tyndall Ave,
Tucson, Ariz.

U-11-1*9

Security-First National Bank
Olympic & Beverly Drive Branch
(De novo)

National
Los Angeles, Calif.
9i*31 Olympic Blvd.
Beverly Hills, Calif.

ii-2 3-h9

Bank of America, N. T. & S. A.
Anderson Branch
(De novo)

San Francisco, Calif.
East Center Street
Anderson, Calif.

Stamford Trust Co.
Commuter's Branch
(De novo)

Ins. nonmem.
Stamford, Conn.
New York, New Haven &
Hartford RR. Station

Union Trust & Savings Bank
Burnside Office
(De novo)

Fort Dodge, Iowa
Burnside, Iowa

Ins. nonmem.

Peoples Bank
Lebanon Junction Branch
(De novo)

Shepherdsville, Ky.
Lebanon Junction, Ky,

Ins. nonmem.




National

U-18-1+9

U-13-U9

U-2-U9

U-30-U9

Name and location of banks and branches

Class of bank

Date of
change

Branches established (Cont'd)
(excluding offices at military reservations but including banks converted into branches)
Union Square Savings Bank
Stuyvesant Office
(De novo)

New York, N. Y.
2hS First Ave.

Ins. nonmem.

Piedmont Bank & Trust Co,
Mooresville Branch
(De novo)

Davidson, N, C.
Mooresville, N, C,

Ins, nonmem.

Wachovia Bank & Trust Co,
North Office
(De novo)

Winston-Salem, N. C.
826 North Tryon St,
Charlotte, N. C,

Member

Commercial Bank of Oregon
Banks Branch
(De novo)

West Slope, Ore,
Banks, Ore.

Ins. nonmem.

Beneficial Saving Fund Society
City Line Center Branch
(De novo)

Philadelphia, Pa.
City Line Ave, West
of Haverford Ave.

Ins. nonmem.

1-7-19

U-15-U9

It—6—U9

h-l-h9

li-27-lt9

First National Bank 1
Scranton, Pa.
Abington Branch
207 S. State St,
(Formerly Abington National Bank) Clarks Summit, Pa.

National

Merchants & Farmers Bank
High Street Branch
(De novo)

Member

Portsmouth, Va.
1716 High Street

1-1-19

U-U-U9

Branches or offices established at military reservations
(including "banking facilities'1 provided through arrangements
made by Treasury Department)
First National Bank
Camp Chaffee

Fort Smith, Ark.
Fort Smith, Ark,

National

Citizens National Bank
Fort Meade

Laurel, Md.
Fort Meade, Md,

National

First National Bank of
Southern Maryland
Andrews Field

Upper Marlboro, Md.
Andrews Field, Md,

National

Broadway National Bank
Randolph Field

Alamo Heights, Texas
National
Randolph Field, Texas




li—U— U9
1-26-L9

U-l8—it9
li-ll-U9

-

h

-

Name and location of banks and branches

Date of
change

Class of bank

Branches or offices established at military reservations (Oontfd)
(including "banking facilities" provided through arrangements
made by Treasury Department)
Old National Bank
Spokane Air Force Base

Spokane, Wash.
Bong, Wash.

National

U-1-U9

Changes in name or location of branches
Bank of America, N. T. & S. A.
Seminary Avenue Branch
Moved from
Moved to
and renamed
Seminary Branch

National
San Francisco, Calif.
Oakland, Calif.
2607 Seminary Ave.
5782 Foothill Blvd.

Provident Savings Bank
Northern Branch
Moved from
Moved to
and renamed
North Charles St, Office

Baltimore, Md.

Southern Branch
Renamed—
South Charles St. Office
Prince Georges Bank & Trust Co.
•Mt. Rainier Branch
Moved from
Moved to




Ins. nonmem.

100 -West North Ave.
1916 North Charles St.

1110-12 South Charles St.

Hyattsville, Md.
Ins. nonmem,
Mt. Rainier, Md.
3Uth & Perry Sts.
3716 Rhode Island Ave.

U-25-U9

h-l-k9

U-1-U9

L—11—L9