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F 0 R. CONFIDENTIAL L.iu5 :BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM THTS C0}-[PTUiTI01T IS DERIVED LARGELY FROM SECONDARY SOURCES. May 18, 1956 NOT AN OFFICIAL REPORT OF CHANGES IN TEE BAHKI1IG STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING APRIL 1956 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Delray Beach National Bank Delray Beach, Fla. Palm Beach County National U-10-56 Southern National Bank Fort Walton Beach, Fla. National Okaloosa County V12-56 Boulevard National Bank Miami," Fla. Dade County National b- U-56 Southern Industrial Savings Bank Miami, Fla. Dade County Ins.non. ii-30-56 First National Bank Naples, Fla. Collier County National b- 3-56 Bank of Dade County North Miami Beach, Fla, Dade County Ins.non. b-2b-56 First National Bank Taylorville, 111. Christian County National U- 3-56 Central State Bank Lakeville, Ind. St. Joseph County Ins.non. I - 2-56 t National Bank of Royal Oak Royal Oak, Mich. Oakland County National b- 5-56 Edison Bank Edison N. J. Middlesex County Ins.non. 1-20-56 National k-17-56 ^ Successions and conversions First National Bank Converted to — First State Bank Linden, Tenn. Harlingen State Bank Converted to — Harlingen National Bank Harlingen, Texas Linden, Tenn. Harlingen, Texas Ins.non. Member National 2i-l6~56 I — 2 — Name and location of banks and branches Class of bank Date of change Successions and conversions (Cont'd) Ohio Valley Bank Converted to — Ohio Valley National Bank Vienna, w, Va. Vienna, W. Va. Ins.non. U- 2-56 National Voluntary liquidation (except incident to absorptions, successions, etc.) Connor & Wiggins Depository Moncks Corner, S. C. Monins. h- 5-56 Consolidations, absorptions, etc. California Bank Hollywood State Bank Merged under charter and title of — California Bank Los Angeles, Calif. Member Los Angeles, (Hollywood) Ins.non. Calif.. Los Angeles, Calif. Member h- 9-56 First Western Bank & Trust Co. Bank of Sierra Madre Merged under charter and title of — First Western Bank & Trust Co. San Francisco, Calif. Sierra Madre, Calif. h- 9-56 Fidelity Industrial Bank Absorbed by — New Britain Trust Co, New Britain, Conn. First National Bank Absorbed by — Union & New Haven Trust Co. Wallingford, Conn. San Francisco, Calif. New Britain, Conn. New Haven, Conn. Member Ins.non. Ins.non. Nonins. National Ins.non. Ins.non. Ins.non. Bank of Allwood Bank of Passaic & Trust Co. Merged under charter and title of — Bank of Passaic & Trust Co. Clifton, N. J. Passaic, N. J, Member Member Trust Company of New Jersey Peoples National Bank Merged under charter and title of — Trust Company of New Jersey Jersey City N . J . Secaucus, N. Jt Jersey City, N . J . U-16-5 6 Member Hubbard State Bank Bad Axe, Mich. Elkton State Bank Elkton, Mich, Kinds State Bank Kinde, Mich, Consolidated under charter and title of Hubbard State Bank Bad Axe, Mich. Passaic, N. J. 3-28-56 Ins.non. k- 2-56 Ins.non. U- 2-56 Member Member National Member U- 2-56 "Name and location of banks and branches Class of bank Date of change Consolidations, absorptions, etc, (Cont'd) Member National Hempstead Bank Wheatley Hills National Bank Merged under charter and title of Hempstead Bank Hempstead, N. Y. Festbury, N. Y. Stewart National Bank Security Trust Co. Merged under charter and title of — Security Trust Co. Livonia, N. Y. Rochester, N. Y. National Deposit Bank Absorbed by — Gallatin National Bank Brownsville, Pa. National Uniontown, Pa. National First National Bank Absorbed by — Fidelity Trust Co. Castle Shannon, Pa. National Hempstead, N. Y. Rochester, N. Y. Pittsburgh, Pa. Catawissa National Bank Catawissa, Pa. Valley National Bank Numidia, Pa. Consolidated under charter of Catawissa National Bank and title of -Catawissa-Valley National Bank Catawissa, Pa. First National Bank Cressona, Fa. Pennsylvania National Bank & Trust Co. Pottsville, Pa. Merged under charter and title of — Pennsylvania National Bank & Trust Co.Pottsville, Pa Corpus Christi National Bank Corpus Christi, Texas State National Bank Corpus Christi, Texas Consolidated.under charter of Corpus Christi National Bank and title of — Corpus Christi State National Bank Corpus Christi, Texas U— 2—56 Member National Member h- 2-56 Member ii—30-56 U-30-56 Member National National U-27-56 National National National U— 2—56 National National National U-23-56 National Admission of State bank to Federal Reserve Membership Michigan Bank Detroit, Mich. Ins.non. U-26-56 Withdrawals of State banks from Federal Reserve Membership First State Bank Pierpoint, S. D. Insurance continued it- 2-56 Farmers & Merchants State Bank Rusk, Texas Insurance continued It—10—56 - u - Name and location of banks and branches Class of bank Date of change Changes in name or location of banks Taylor-Knight Banking Co. Name changed to — Knight-Hogan Banking Co. Dexter, Ga. Nonins. U- 1-56 The State Bank of Defiance Company Name changed to — The State Bank and Trust Company Defiance, Ohio Member U-ll-56 Branches established de novo (Includes branches at military and other Government establishments) First National Bank of Arizona Phoenix, Ariz. With Street and East Thomas Road Branch Phoenix, Ariz, , Maricopa County U25U East Thomas Road National Valley National Bank 16th Street and Camelbaclc Office 50l;l North 16th Street Phoenix, Arizona Unincorporated area of Maricopa County, Ariz. (P. 0. Phoenix) National California Bank Fullerton Office 315 North Spadra Road Los Angeles, Calif. Fullerton, Calif. Orange County Member United States National Bank Buena Park Office 6301 Grand Avenue San Diego, Calif. Buena Park, Calif. Orange County National > First Western Bank & Trust Co. Eureka Office h2h Third Street San Francisco, Calif. Eureka, Calif. Humboldt County Ins.non. First-Stamford National Bank & Trust Co. Summer Street Office 25UO Summer Street Stamford, Conn. Stamford, Conn. Fairfield County Anderson Banking Co. vest Branch 331U Nichol Avenue Anderson, Ind. Anderson Ind. Madison County Ins.non. Marion County State Bank Tracy Branch Pella, Iowa Tracy, Iowa Marion County Ins.non. U-30-56 U—30—56 1 — 2-^6 | U-30-56 I — 6-56 t 3-29-56 It- 2-56 - 5 Name and location of banks and branches I change of bank Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Provident Institution for Savings Federal Street Branch 80 Federal Street Boston, Mass. Boston, Mass, Suffolk County . Nonins. Home National Bank Montello Office 836 North Main Street Brockton, Mass. Brockton, Mass. Plymouth County National Grand Haven State Bank Fruitport Branch lU North Third Avenue Grand Haven, Mich. Fruitport, Mich. Muskegon County Member Old Kent Bank Standale Branch I4I6I Lake Michigan Drive, N. V, Grand Rapids, Mich, Standale, Walker Township, Mich. Kent County Member Security Bank Dix Avenue Office 1522 Dix Avenue Lincoln Park, Mich. Lincoln Park, Mich, Wayne County Member First National Bank North Monroe Street Branch 202 North Monroe Street Monroe, Mich. Monroe, Mich. Monroe County National Wayne Oakland Bank Troy Branch Royal Oak, Mich. Troy, Mich. Oakland County Ins.non, Union National Bank & Trust Co. Colonial Branch S. E. Corner New Jersey Route 38 and Eayrestown Road Mount Holly, N. J. National Lumberton Township, N.J. Burlington County (P. 0. Mount Holly) Bank of Babylon Vest Islip Office 255 Higbie Lane Babylon, N. Y. West Islip, N. Y. Suffolk County k- 9-56 L-30-56 it-10-56 b- 5-56 It- 2-56 U-2U-56 L- 2-56 lj-2lt-56 Ins.non. k-28-56 - 6 Name and location of banks and branches Class Of bank Date of change. Branches established de novo (Confd) (Includes branches at military and other Government establishments) New York, N. Y. Member Bankers Trust Co, New York, N. Y. U-17-56 Madison Avenue Office New York County 145 Madison Avenue Chase Manhattan Bank Limited Function Branch 37 Wall Street New York, N. Y. New York, N. Y. New York County Limited Function Branch U3 Exchange Place Member New York, N. Y. New York County U-27-56 U-27-56 Federation Bank & Trust Co. 3Uth Street Branch I46I Eighth Avenue Few York, N. Y. New York, N. Y. New York County Member National Bank of Westchester Larchmont Office Chatsworth and Palmer Avenues White Plains, N. Y. Larchmont, N. Y. Westchester County National First National Bank LLrkin ^laaa Railroad Station Branch 1 Buena Vista Avenue Yonlcers, N. Y. Yonkers, N. Y. Westchester County National Lorain Banking Co. Drive-In Branch 200 Sixth Street Lorain, Ohio Lorain, Ohio Lorain County Member First National Bank Northside Branch U8U-86—90-9li Springmill Street Mansfield, Ohio Mansfield, Ohio Richland County National Oklahoma City, Okla. Central State Bank Oklahoma City, Okla. Oklahoma City Branch Northwest Corner of N. W. 5th & Classen Oklahoma County U-12-56 U-13-56 -18-56 it- U-56 U-16-56 Ins.non. 2-18-56 First National Bank Waverly Branch 2100 North Pacific Highway Portland, Ore. Albany, Ore. Linn County National Lehigh Valley Trust Co. North 7th Street Branch 702-708 North 7th Street Allentown, Pa. Allentown, Pa. Lehigh County Ins.non. Community National Bank Boswell Branch Hooversville, Pa. Boswell. Pa. Somerset County National it-28-56 b-30-56 U-16-56 - 7 - Name and location of banks and branches Class Date of of bank 'change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) First National Bank & Trust Co. Red Lion, Pa, National York Township, Pa. Queen Street Branch b- 2-56 2055 South Queen Street York County (P.O. York) Upper Darby National Bank Manoa Office Manoa Shopping Center ! Upper Darby, Pa, National Haverford Township, Pa. Delaware County (P.O. Havertown) Warren National Bank Market Street Drive-In Branch Market and Water Streets Warren, Pa, Warren, Pa." Warren County National American State Bank Drive-In Branch Lubbock, Texas Lubbock, Texas Lubbock County Member Tyler Bank & Trust Co, Drive-In Branch 118 West Locust Street Tyler, Texas Tyler, Texas Smith County Member Victoria Bank & Trust Co. Drive-In Branch Victoria, Texas Victoria, Texas Victoria County Member Citizens National Bank Drive-In Teller Branch 26 East Queen Street Hampton, Va. Hampton, Va. Independent City National Peoples National Bank of Washington Skyway Park Branch 12621 Renton Avenue Seattle, u ash. National Unincorporated area of King County, Wash. (P.O. Seattle) k- 6-56 U-23-56 2- 3-56 3- 1-56 1- k-56 U- 9-56 It—13-56 Banks converted into branches (See also Consolidations, absorptions, etc.) California Bank Highland and Santa Monica Office 6801 Santa Monica Boulevard (Formerly Hollywood State Bank) Los Angelese, Calif. Los Angeles, Calif. Los Angeles County (P.O. Hollywood) h- 9-56 - 8 Name and location of banks and branches Class of bank Date of change Banks converted into branches (Cont'd) (See also Consolidations, absorptions, etc.) First Western Bank & Trust Co. Sierra Madre Office 100 West Sierra Madre Boulevard (Formerly Bank of Sierra Madre) San Francisco, Calif. Sierra Madre, Calif. Los Angeles County New Britain Trust Co. West Main Street Branch 136 West Main Street (Formerly Fidelity Industrial Bank) New Britain, Conn. New Britain, Conn. Hartford County Ins.non. Union & New Haven Trust Co. Vallingford Branch (Formerly First National Bank) New Haven, Conn. Wallingford, Conn. New Haven County Member Hubbard State Bank Elkton Office (Formerly Elkton State Bank) Bad Axe, Mich. Elkton, Mich. Huron County Ins.non. Kinde Office (Formerly Kinde State Bank) Kinde, Mich. Huron County U- 9-56 3-28-56 U-16-56 U- 2-56 2-56 Trust Company of New Jersey Secaucus Branch (Formerly Peoples National Bank) Jersey City, N. J, Secaucus, N. J. Hudson County Member Bank of Passaic & Trust Co. Allwood Branch 505 Allwood Road (Formerly Bank of Allwood) Passaic, N. J. Clifton, F . J . Passaic County I Member I - 2-56 4 I4- 2-56 Hempstead Bank Hempstead, N. Y. Westbury Office Westbury, N. Y. (Formerly Wheatley Hills National Bank) Nassau County Member Security Trust Co. Livonia Office (Formerly Stewart National Bank) Rochester, N. Y. Livonia, N. Y. Livingston County Member Catawissa-Valley National Bank Numidia Office (Formerly Valley National Bank) Catawissa, Pa. Numidia, Pa. Columbia County National b" 2-56 It- 2-56 U-27-56 - 9 Class of bank Name and location of banks and branches Banks converted into branches (Cont'd) Date of . Changs (See also Consolidations, absorptions, etc.), Fidelity Trust Co, Castle Shannon Branch 3734 Poplar Avenue (Formerly First National Bank) Pittsburgh, Pa. Castle. Shannon, Pa. Allegheny County Member Pennsylvania National Bank & Trust Co. Cressona Office Southwest Corner of Pottsville and Sillyman Streets (Formerly First National Bank) Pottsville, Pa. Cressona, Pa, National Gallatin National Bank Brownsville Branch (Formerly National Deposit Bank) Uniontown, Pa. Brownsville, Pa. Fayette County 4-30-56 4- 2-56 Schuylkill County National 4-30-56 Branches acquired by consolidation, absorption, etc. Hubbard State Bank Bad Axe, Mich. Acquired through consolidation and will operate the branch formerly operated by Kinde State Bank, Kinde, in Huron County. Ins.non. 4- 2-56 Bank of Passaic & Trust Co. Acquired through merger and will operate the branch formerly operated by Bank of Allwood, Clifton, in.Passaic County. Member 4- 2-56 Passaic, N, J. Branches discontinued St. Joseph Bank & Trust Co. Lakeville Branch South Bend, Ind. Lakeville, Ind. Ins.non. Beacon Savings Bank Matteawa n Branch Beacon, N. Y. 448 Main Street Ins.non. Chemical Corn Exchange Bank lOUth Street Branch New York, N. Y. 81 West 10i|th Street Member First National Bank & Trust Co, Temporary Branch Hanover, Pa. N. E. Corner Square National Center 4- 2-56 3- 9-56 4-27-56 2-14-56 - 1 0 - Class of bank Name and location of banks and branches Date of change Changes in name or location of branches First National Bank of Arizona White Mountain Branch Name changed to — McNary Branch Phoenix, Ariz. McNary, Ariz. National California Bank Van Nuys Office Moved from Moved to Los Angeles, Calif. Los Angeles, Calif. 6279 Van Nuys Blvd. 6800 Van Nuys Blvd. Member Security Trust & Savings Bank Hillcrest Drive-In Branch Moved from Moved to San Diego, Calif. Member San Diego, Calif. 333 University Avenue J4O6 University Avenue Bank of America, N. T. & S. A. Fallbrook Branch Moved from Moved to San Francisco, Calif. Fallbrook, Calif. 100 N. Main Street 135 Ivy Street Gilroy Branch Moved from Moved to b- 2-56 U-30-56 U-23-56 National li-16-56 Gilroy, Calif. 116 Monterey Street 197 N. Monterey Street Crocker-Anglo National Bank Stockton Office Moved from Moved to San Francisco, Calif. National Stockton, Calif. 230 N. California Street 517 East Weber Street First Western Bank & Trust Co. Bakersfield Office Moved from Moved to San Francisco, Calif. Bakersfield, Calif. Iii09 Chester Avenue 2020 K Street Ins.non. Mercantile National Bank Calumet Avenue Branch Moved from Moved to Hammond, Ind. Hammond, Ind. 7033 Calumet Avenue 7227 Calumet Avenue National St. James Savings Bank Baltimore, Md. Highlandtown Branch Baltimore, Md. Moved from 3U01 Eastern Avenue Moved to Calvert & Lexington And renamed Streets Downtown Office (Branch moved to former location of St. James Savings Bank. The head office changed location from Calvert & Lexington Streets to 3^01 Eastern Avenue.) U-30-56 Ins.non. 1-23-56 U—30-56 U-20-56 1-23-56 - 1 1 - Name. and location of banks and branches Class of bank Date of change Changes in name or location of branches (Cont'd) Jlllenhurst National Bank & Trust Co, Eatontown Office Moved from Moved to Allenhurst, N. J. Eatontown, N. J. 2 Main Street 91 Broad Street National Marine Trust Co. of Western N. Y. Main-Chippewa Office Moved from Moved to Buffalo, N. Y. Buffalo, N. Y. 587 Main Street 575 Main Street Member Schenectady Trust Co. . Upper Union Street Branch Moved from Moved to Schenectady, N. Y. Member Schenectady, N. Y. 1718 Union Street I6lli-l622 Union Street Old Dominion Bank Jefferson Davis Highway Branch Name changed to — South 23rd Street Office Arlington, Va. Ul9 South 23rd Street National Bank of Commerce • Queen Anne Branch 9 Moved from Moved to Seattle, Wash. National Seattle, Wash. 9 Mercer Street 100 West Mercer Street Seattle-First National Bank Spokane Valley Branch Name changed to — Millwood Branch Seattle., Wash. National 3223 North Argonne Road Millwood, % s h . Central Valley Branch Name changed to -Opportunity Branch National Bank of Washington Bremerton Branch Moved from Moved to L-16-56 U—16-56 U- 2-56 Ins.non. 12816 East Sprague Avenue Opportunity, Wash. Tacoma, Wash. National Bremerton, Wash. 33k North Callow Avenue 2602 Sixth Street U-23-56 b"16—56 U-16-56 U-16-56 h- 9-56