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LIBRARY CONFIDENTIAL M A Y 2 6 1948 RESERVE SANK RICHMOND BOARD OF GOVERNORS OF THE FEDERAL RESERVE Uh.5 THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. m 9 1? inhg " CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING APRIL 191*8 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Leslie State Bank Peoples Bank (Unincorporated bank) Parrish Banking Co. (Unincorporated bank) Gibsland Bank Guaranty Trust Co. of Missouri Lincoln National Bank First State Bank Leslie, Ark, Fort Valley, Ga. 1 Ins. nonmem. Uninsured 1+-28-1+8 Metter, Ga. TMinsured U-2-U8 Gibsland, La. Clayton, Ho* Lincolnton, N. C. Crane, Texas Ins. nonmem. Uninsured National Ins. nonmem. 15—i+8 2-15-w JU—12—I4S h-23-kQ Uninsured U-5-^8 3-I-I4.8 Successions and conversions Merchants & Planters Exchange Converted t o Mere hants & Planters Bank Manila, Ark. Fort Mill Depository Converted t o — Bank of Fort Mill Fort Mill, S. C.j Lexington Depository Converted t o — Bank of Lexington Lexington, S. C. - Manila, Ark. Fort m i l , Ins, nonmem. S. c : Lexington, S.;C. Ins. nonmem. l+-15-i|8 Ins. nonmem. Ins. nonmem. U-1-U8 Ins, nonmem. Voluntary liquidations First Trust Co. Nebraska City, Nebr. Uninsured 1-2-1+8 Ins. nonmem. 3-27-U8 Consolidations, absorptions, etc. Rison Banking Co. Absorbed b y First National Bank Huntsville, Ala»\ Huntsville, Ala, Citizens Commercial Bank' Midway, Ky* • ; Harris Seller Banking Co. Versailles, Ky.; These two banks consolidated under ; charter of Harris Seller Banking Co. and under title o f — United Bank and Trust Co. Versailles, Ky, I * National Ins; nonmem. Ins. nonmem. Ins. nonmem. U-26-l|8 — 2 — Name and location of banks and branches Class of bank Dato of change Consolidations, absorptions, etc. - Cont'd ^ N&tional Bank of Watervliet Absorbed b y State Bank of Albany Watervliet, N. Y. First National Bank Absorbed b y — Valley View National Bank Valley View, Texas First National Bank Absorbed b y — Seattle-First National Bank Lind, Wash. Albany, N. Y. Valley View, Texas Seattle, Wash. National U-5-U8 Member National U-17-U8 National National U-26-itS National Admissions of State banks to Federal Reserve membership Columbia Bank of Ybor City Farmers & Merchants Bank Security State Bank Star Valley State Bank Jackson State Bank Tampa, Fla. Forest, Miss; Poison, Hont. Afton, Yfyo. • Jackson, Wyo. Ins. Ins. Ins. Ins. Ins. nonmem. nonmem. nonmem. nonmem; nonmem. 1+-16-U8 I4.-3O-I4.8 U-22-UB U-li i-i+8 U-16-U8 Changes in name or location Becker County National Bank Name changed t o First ^National Bank Detroit Lakes, "Minn. National I4.-I-I18 Branches established (excluding offices at military reservations but including banks converted into branches) Central Bank San Lorenzo Village Branch (De novo) Oakland, Calif. San Lorenzo, Calif. American Trust Co. Campbell Branch (De novo) San Francisco, Calif. Member 280 East Campbell Ave. Campbell, Calif. Bank of America, N.T. & S.A. Garberville Branch (De novo) San Francisco, Calif. Garberville, Calif. Crenshaw-Stocker Branch (De novo) 3610 Stocker Street Los Angeles, Calif. Ins. nonmem. I.II. 4--48 1+-12-I|.8 National U-26-U8 U-26-1+8 3 Class of bank Name and location of banks and branches Branches established - Cont'd Date of change J (excluding offices at military reservations but including banks converted into branches) Anaoostia National Bank Congress Heights Branch (De novo) Washington, D. C. National I4.OI9 So. Capitol St., Sell*. h-7-U8 First Bank & Trust Co, Lincoln Way West & Sansome Branch (De novo) South Bend, Ind. : Lincoln Way & Sansome Streets Member 3-5-48 United Bank & Trust Co. Midway Agency (Formerly Citizens Corniercial Bank) Versailles, Ky. Midway, Ky. Ins. nonmem. Brighton Five Cents Savings Bank Cleveland Circle Branch (De novo) Boston, Mass. I9I48 Beacon Street Brookline, Mags. Uninsured Norwood Bank & Banking Co. South Norwood Branch (De novo) Norwood, Mass. Uninsured 1136 Washington Street South Norwood, Mass. V/estfield Savings Bank West Springfield Branch (De novo) Westfield, Mass. Uninsured West Springfield, Mass. National Bank of Detroit Griswold Street Office No. 30 (De novo) Detroit, Mich. 5 4 9 Griswold Street 1. Ctate Bank of Albany Watervliet Branch (Formerly National Bank of Watervliet) Albany, N. Y. 1817 Broadway Watervliet, N.; Y. Buffalo Savings Bank Seneca-Cazenovia Office! (De novo) Buffalo, N. Y. 2 1 9 9 Seneca Street Ins. nonmem. Williamsburgh Savings Bank 86jkh Street Office (De novo) Brooklyn, N. Y. 231U-16 86th Street at 23rd Avenue Ins. nonmem. 4-26-48 4-1-48 4-1-48 4-1-48 National 1;-12-48 4-5-48 4-17-48 4-15-48 - U 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) Fidelity Bank North Durham Branch (De novo) Durham, N. C, Roxboro Road at Maynard Avenue Citizen? National Bank Cramierton Branch (De novo) Gastonia, N. C. Cramerton, N. C. Stariley Branch (De novo) U-27-U8 National I4.-26-I48 Stanley, N. C, 3-2i+-U8 Dollar Savings & Trust Co. Mahoning Avenue Branch (De novo) Youngstown, Ohio 1S56 Mahoning Avenue Member Western Savings Fund Society Castor Avenue Branch (De novo) Philadelphia, Pa. 6625 Castor Avenue Ins. nonmem. Upper Darby National Bank Di-exel Hill Office (De novo) Upper Darby, Pa. • hZ 19 F e m e Blvd. Drexel Hill, Pa. National Third National Bank West Nashville Office (De novo) Nashville, Tenn* National 1+700 Charlotte Avenue West Nashville, Tenn. r Richmond, Va, National 2728 West Board Street ^ntral National Bank Boulevard Branch (De novo) Seattle-First National Bank Seattle, Wash. Lind Branch Lind, Wash. v (Formerly First National Bank) Washington Mutual Savings Bank West Seattle Branch (De novo) 3-15-U8 I U-19-U8 * I.1-48 4-6I. r I.I4-8 * 4-l.L U-28-I48 , K I National k-26-kB ^ Seattle, Wash. Ins. nonmem. 1+519 California Street k-5-he Branches or offices established at military reservations (including "banking facilities" provided through arrangements made by Treasury Department) Seattle-First National Bank Area Office, North Richland Seattle, Wash. Richland, Vfash. National U-26-148 "' - 5 Name and location of banks and branches Class of bank Date of change Branch discontinued Chase National Bank Mercantile Branch New York, N. Y. 115 Broadway National U-19-U8 Changes in name or location of branches Bank of America, N.T. & 8. A. Arcadia Branch Moved from Moved to San Francisco, Ca^if. National Arcadia, Calif. First Avenue & Huntington Dr. 117 East Huntington Dr. I.2-48 1-6I. Jefferson-Vermont Branch Moved from Moved to and renamed Vermont-30th Branch Los Angeles, Calif. 3b00 So. Vermont Ave. 3021 So. Vermont Ave. U-26-U8 Maine-Washington Branch Moved from Moved to and renamed Broadway-Washington Branch Los Angeles, Calif. I I I . So. Main! Street 844 137 West Washington Blvd. 4-12-1+8 Union Trust Co. Charlotte Office Moved from Moved to Rochester, N. Y. ; jjank of Ohio Co. 117th-Detroit Branch Moved from Moved to and renamed Lakewood Branch Cleveland, Ohio p eoples National Bank Dexter-Broad Street Branch Moved from Moved to Ins. nonmezn. 3-15-48 i+559 Lake Avenue IfltfO Lake Avenue Ins. nonmem. I4.—1—I4S ll6L2l Detroit Avenue II4.903 Detroit Avenue Seattle, Wash. National I+-I-I48 .52U Dexter Avenue 525 Dexter Avenue Correction The statement covering the month ended January 31# 1 9 W reported the Beverly-Burbank Branch of The First National Bank of San Jose, California, as opening for business on January 2, 1948. Advice has now been received that this branch did not open until May 3, 1948.