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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.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102