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THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES.
|^C01CT$SralAL~
NOT A2J OFFICIAL REPORT OF CHANGES III THE BANKING STRUCTURE.
1%^ '
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J
BOARD OF GOVE MORS OF THE FE3ERAL RESERVE SYSTEM
May lii, 195U
= ; CHANCES .M. STATUS OF BANKS AND BRANCHES AS REPORTED DURING APRIL 19$k
•
Name and location of banks and branches
Class
of bank
Date of
change
New banks
(except successions and conversions)
Crystal S t a t e Bank
Crystal, Minn.
Hennepin County
Ins.non.
ii-19-5U
American State Bank
Homer, Nebr.
Dakota County
Nonins.
U—26—5U
Citizens Bank
Kirkland, Wash.
King County
Ins.non.
i;-20-51*
Voluntary liquidation
(except incident to absorptions, successions, e t c . )
Colonial State Bank
Manassa, Colo.
Nonins.
b- SSk
Ins.non.
National
k-19-Sh
Consolidations, absorptions, e t c .
Desert Bank
Citizens National Trust ft Savings Bank
These two banks consolidated
under charter and t i t l e of —
Citizens National Trust ft
Savings Bank
Cathedral City, C a l i f .
Riverside, C a l i f .
Farmers Bank of Carson Valley
Absorbed by —
F i r s t National Bank of Nevada
Minden, Nev.
Ins.non.
Reno, Nev.
National
Roselle Park Trust Co.
Absorbed by —
National State Bank
Roselle Park, N. J .
Ins.non.
Elizabeth, N. J .
National
Citizens National Bank
Ticonderoga National Bank
National City Bank
These three banks merged
under charter and t i t l e of —
National City Bank
Port Henry, N. Y.
Ticonderoga, N. Y.
Troy, N. Y.
National
National
National
Riverside, C a l i f .
Troy, N. Y.
National
National
It-12-51*
h- 3-5U
li-26-5ii
2t-19-51i
— 2
—
Name and location of banks and branches
Class
of bank
Date of
change
National
National
it- 5-5k
Consolidations, absorptions, e t c . (Cont'd)
Oneida Valley National Bank
F i r s t National Bank
These two banks consolidated
under charter and t i t l e of —
Oneida Valley National Bank
Oneida, N. Y.
S h e r r i l l , N. Y.
Oneida, N. Y.
Suffern National Bank Sc Trust Co.
Suffern, N. Y.
National Bank of Tuxedo
Tuxedo, N. Y.
These two banks consolidated
under charter and t i t l e o f —
.
Suffern National Bank 4 Trust Go„
Suffern, N. Y.
National Bank of Burlington
Wachovia Bank & Trust Co.
These two banks merged
under charter and t i t l e of —
Wachovia Bank & Trust Co.
Burlington, N. 0 .
Winston-Salem, N. C.
Farmers & Citizens Savings Bank Co.
F i r s t National Bank
These two banks consolidated
under charter and t i t l e of —
F i r s t National Bank
German town, Ohio
German town, Ohio
Johnston Brothers, Bankers
Absorbed by —
United S t a t e s National Bank
Dufur, Ore.
Greenville Trust Co.
Absorbed by —
Citizens Trust Co.
Citizens Savings Bank
Greenville, R. I .
Deport State Bank
F i r s t National Bank
These two banks consolidated
under charter and t i t l e of - F i r s t National Bank
Deport, Texas
Deport, Texas
Winston-Salem, N. C.
German town, Ohio
Portland, Ore.
Providence, R. I .
Providence, R. I .
Deport, Texas
National
National
National
U-19-5U
National
National
Member
L- l-5it
Member
Member
National
it-12-51
National
Ins -non.
it-26-5it
National
Nonins.
U- 5-5h
Ins.non.
Ins.non.
Ins.non.
National
h- 7-5U
National
Admissions of State banks to Federal Reserve Membership
Metropolitan Bank
Miami, F l a .
Ins.non.
h-20-5k
Bank of Clarke County
Berryville, Va.
Ins.non.
lt-12-51t
- 3
Name and l o c a t i o n of banks and branches
Glass
of bank
Date of
change
Admission of n a t i o n a l bank in Alaska to Federal Reserve Membership
C i t y National Bank
Anchorage, Alaska
k-l5-5h
Changes i n name or location
Bank of Melbourne
Name changed t o —
Bank of Melbourne & Trust Co
Melbourne, F l a .
Ins.non.
k- 1-5U
C u r t i s s State Bank
Name changed to —
Owen-Curtiss State Bank
C u r t i s s , Wis.
Ins.non.
1-27-5k
Branches e s t a b l i s h e d
(including branches a t m i l i t a r y and o t h e r Government
establishments and banks converted i n t o branches)
Anniston National Bank
Saks Branch
(De novo)
Anniston, Ala.
Saks Bo ad, R.F.D. #1
Anniston, Ala.
Calhoun County
National
F i r s t National Bank
South Los Altos Branch
. (De novo)
Los Altos, C a l i f .
600 Los Altos Rancho
IDS Altos, C a l i f .
Santa Clara County
National
Citizens National Trust & Savings Bank
Cathedral City O f f i c e
(Formerly Desert Bank)
Riverside, C a l i f .
National
Broadway a t Palo Verde
Cathedral City, C a l i f .
Riverside County
F i r s t National Bank
Los Gatos O f f i c e
(De novo)
San Jose, C a l i f .
National
330 No. Santa Cruz Ave.
Los Gatos, C a l i f .
Santa Clara County
h-26-5h
B r i s t o l Savings Bank
P l a i n v i l l e Branch
{De novo)
B r i s t o l , Conn.
Si East Main S t ,
P l a i n v i l l e , Conn.
Hartford County
Nonins.
h- 9-5h
Calcasieu-Marine National Bank
Iowa Branch
(De novo)
Lake Charles, La.
Iowa, La.
Calcasieu County
National
U-30-5U
L- 5-Sh
U-19-5U
k- B-Sh
I
I
I
- h -
Name and location of banks and branches
Class
of bank
Date of
change
Branches established (Cont'd)
(including branches.at m i l i t a r y and other Government
establishments and banks converted into branches)
Provident Savings Bank
Edmondson O f f i c e
(De novo)
Baltimore, Md.
Hochschild, Kohn &
Co. Building
Edmondson Village
Baltimore, Md.
Independent City
Detroit Bank
Eight Mile-Dresden Office
(De novo)
Detroit, Mich.
Member
12300 Eight Mile Road, East
Detroit, Mich.
"Wayne County
Mound Road-Eight Mile Branch
(De novo)
I n s . non.
h- 1-5U
20555 Mound Road
Detroit, Mich.
Wayne County
lt-26«5U
h-19-5h
National Bank of Jackson
West Michigan Branch
(De novo)
Jackson, Mich.
National
121L West Michigan Ave.
Jackson, Mich.
Jackson County
k-30-51
Deposit Guaranty Bank & Trust Co.
Raymond-Terry Road Branch
(De novo)
Jackson, Miss.
Terry & Raymond Roads
Jackson, Miss.
Hinds County
Member
U-15-5U
F i r s t National Bank of Nevada
Minden Branch
(Formerly Farmers Bank of Carson
Valley)
Reno, Nev.
Minden, Nev.
Douglas County
National
National State Bank
Roselle Park Office
(Formerly Roselle Park Trust Co.)
Elizabeth, N. J .
National
1 East Westfield Ave.
Roselle Park, N . J .
Union County
k- 3-5h
Federation Bank & Trust Co.
Flushing Office
(De novo)
New York, N. Y.
ltl-81* Main S t r e e t
Flushing, N. Y.
Queens County
U-10-5^
Member
W2-51
- 5 -
Name and location of banks and branches
Class
of bank
Date of
change
Branches established (Cont'd)
(including branches a t m i l i t a r y and other Government
establishments and banks converted into branches)
Oneida Valley National Bank
S h e r r i l l Branch
(Formerly F i r s t National Bank)
Oneida, N. Y.
628 S h e r r i l l Road
Sherrill, N.Y.
Oneida County
F i r s t National Bank & Trust Co.
B r i a r c l i f f Manor O f f i c e
(De novo)
0saining, N . Y .
National
B r i a r c l i f f Manor, N. Y.
Westchester County
Suffern National Bank k Trust Co.
Tuxedo Branch
(Formerly National Bank
of Tuxedo)
S u f f e r n , N. Y.
Route 17
Tuxedo, N. Y.
Orange County
National
National City Bank
Port Henry Office
(Formerly Citizens National
Bank)
Troy, N. Y.
23 South Main S t .
Port Henry, N. Y.
Essex County
National
Ticonderoga Office
(Formerly Ticonderoga National
Bank)
National
il- 5-5ii
3-20-5k
h-19-5h
k-26-Sh
U-19-5U
100 Montcalm S t .
Ticonderoga, N. Y.
Essex County
Central National Bank
Saw Mill River Road O f f i c e
(De novo)
Yonkers, N . Y .
National
270 Saw Mill River Road
Yonkers, N . Y .
Westchester County
h-2k-Sk
F i r s t National- Bank
Cross Center Branch
(De novo)
Yonkers, N. Y.
2-h Xavier Drive
Yonker?, N . Y .
Westchester County
National
k-2Q-5h
Citizens National Bank
Roxboro Branch
(De novo)
Durham, N. C.
Roxboro, N. C.
Person County
National
F i r s t National Bank
New River Branch
(De novo)
Jacksonville, N. C.
235 New River Drive
Jacksonville, N. C.
Onslow County
National
L-29-5L
b-22-Sh
- 6
Name and location of banks and branches
Class
of bank
Date of
change
Branches established (Cont'd)
(including branches at m i l i t a r y and other Government
establishments and banks converted into branches)
y , Peoples Bank
Court Square Branch
(De novo)
/
Roxboro, N. C.
Roxboro, N. C.
Person County
Ins -non. e
Wachovia Bank & Trust Co.
Burlington Branch
(Formerly National Bank of
Burlington)
Wins ton-Sal em, N . C .
235 South Main S t .
Burlington, N. C.
Alamance County
Member
F i r s t National Bank
Jeromesville Branch
(De novo)
Ashland, Ohio
Jeromesville, Ohio
Ashland County
National
United States National Bank
Dufur Branch
(Formerly Johns-ton Brothers,
Bankers)
Portland, Ore.
Dufur, Ore
Wasco County
National
Wayne County Savings Bank
Wayroart O f f i c e
(De novo)
Honesdale, Pa.
239 Belmont S t .
Waymart, Pa.
Wayne County
Member
Peoples National Bank & Trust Co.
Penndel Branch
(De novo)
Langhorne, Pa.
U. S. Route 1, West
of Bellevue Ave.
Penndel, Pa.
Bucks County
National
Beneficial Saving Fund Society
Woodland Avenue Branch
(De novo)
Philadelphia, Pa.
61*01 Woodland Ave.
Philadelphia, Pa.
Philadelphia County
Ins.non.
Western Savings Fund Society
Wadsworth Office
(De novo)
Philadelphia, Pa.
Wadsworth Ave. &
Pickering S t .
Philadelphia, Pa.
Philadelphia County
Ins.non.
Berks County Trust Co.
Riverside Branch
(De novo)
Reading, Pa.
Center Ave. &
Cathedral S t .
Reading, Pa,
Berks County
Ins.non.
It- 1-5k
U- 1-5U
h- 1-51*
2j-26-5U
U—19—5U
L- 5-5b
U-20-5t|
h- 7-5U
h-12-Bk
- 7 Name and location of banks and branches
Date of
change
Class
of bank
Branches established (Cont'd)
(including branches a t military and other Government
establishments and banks converted into branches)
Citizens Trust Co.
Citizens Savings Co.
Greensville Branch
(Formerly Greenville Trust Co .)
Providence, R . I .
Providence, R . I .
Greensville, R. I .
Providence County
Ins.non.
Ins.non.
I n d u s t r i a l National Bank
Garden City Office
(De novo)
Providence, R. I .
69 Hillside Road
Cranston, R. I .
Providence County
National
k- 5>-5h
k- 5-5U
Banking f a c i l i t y established at m i l i t a r y and o t h e r Government
establishments through arrangements made by Treasury Department
Miners % Merchants Bank
Army Branch
Bisbee, Ariz.
Fort Huachuca, Ariz.
Cochise County
Ins.non.
h-12-5k
Branches acquired by absorption o r purchase
Citizens National Trust & Savings Bank Riverside, C a l i f .
Indio Office
82735 Miles Ave.
Indio, C a l i f .
Palm Springs Branch
(Formerly branches of Desert Bank,
Cathedral City, C a l i f . , which
consolidated with Citizens
National Trust & Savings Bank)
National
h-19-5k
U56 N. Palm Canyon Drive
Palm Springs, C a l i f .
"Wachovia Bank & Trust Co.
South Main S t r e e t Drive-In Branch
(Formerly branch of National Bank
of Burlington, Burlington, N. C.,
which merged with Wachovia Bank
& Trust Co.)
Winston-Salem, N. C.
8UU South Main S t .
Burlington, N. C.
Member
Citizens Trust Co.
Citizens Savings Bank
Centerdale Branch
(Formerly branch of Greenville
Trust Co., Greenville, R. I . ,
which was absorbed by Citizens
Trust Co. and Citizens Savings
Bank)
Providence, R. I .
Providence, R. I .
1991 Smith S t .
Centerdale, R. I .
Ins.non.
Ins.non.
k-19-5k
h- 1-5U
k- 5-$k
#
s
4
Name and location of banks and branches
Class
of bank
Date of
change
Branches discontinued
Asbury Park National Bank k Trust Co.
Grand Avenue O f f i c e
Asbury Park, N. J .
JUiO Cookman Ave.
National
Union Planters National Bank
Highland Heights Branch
Memphis, Tenn.
3387 Summer Ave.
National
h-l5Sh
3-29-5U
F a c i l i t y discontinued
Irwin-Union Trust Co.
Camp Atterbury F a c i l i t y
Columbus, Ind.
Camp Atterbury, Ind.
Member
3-13-51
Changes i n name o r location of branches
Bank of Arizona
Cottonwood Branch
Name changed to —
Verde Valley Branch
Pre s c o t t , Ariz.
Cottonwood, Ariz.
Ins.non.
Bank of America, N.T. k S.A.
Belmont-Blackstone Branch
Moved from
Moved to
and renamed
Blackstone-Bremer Branch
San Francisco, C a l i f .
Fresno, C a l i f .
501 Blackstone Ave.
7k9 Blackstone Ave.
National
Santa Fe and i*9th Branch
Moved from
Moved to
and renamed
Pacific-Fruitland Branch
;
1
Vernon, C a l i f ,
ii9U0 Santa Fe Ave.
5lh0 P a c i f i c Blvd.
F i r s t National Bank
Avenue Branch
Moved from
Moved to
Shreveport, La.
Greater New York Savings Bank
18th Avenue O f f i c e
Moved from
Moved to
Brooklyn, N. Y.
Easton National Bank
"Wilson Branch
Moved from
Moved to
Easton, Pa.
h-1S-Sk
h- 5-5U
3- &~5h
1652 Texas Ave.
1661 Texas Ave.
Ins.non.
b210 - 18th Ave.
h302/08 - 18th Ave.
1709 Washington Blvd.
1733 Washington Blvd.
It-29-5k
National
h'12'Bh
Name and location of banks and branches
Class I Date of
of bank ( change
Changes in name o r location of branches (Cont ! d)
Fidelity-Philadelphia Trust Co.
Chestnut S t r e e t Branch
Moved from
Moved to
Philadelphia, Pa.
325 Chestnut S t .
N.E. Corner Third
& Chestnut S t s .
Member
h-19-5h
@FedFRASER