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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