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7515 COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. v \ n^hiLiThPnim, At jf« H. CONFIDENTIAL W m D » OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM May 18, 1959 « 4 - 5 max •:>; n;? CHANGES IN STATpS OF BANKS AND BRANCHES AS REPORTED DURING APRIL 1959 Name and location of banks and branches Class of bank Date of change Ins. non. 4-2-59 New banks (except successsions and conversions) Commercial Bank Ozark, Ala. Dale County Ormond Beach National Bank Ormond Beach, Fla. Volusia County Tampa Bay Bank Tampa, Fla. Hillsborough County Ins. non. 4-21-59 Land of Lincoln Bank Springfield, 111. Sangamon County Ins. non. 4-3-59 Potomac, Md. Montgomery County National 4-20-59 Metropolitan Airport State Bank Minneapolis, Minn. Hennepin County Ins. non. 4-1-59 Gretna State Bank Gretna, Nebr. Sarpy County Nonins. 3-30-59 Mandan Security Bank Mandan, N. D. Morton County Ins. non. 4-29-59 Castroville State Bank Castroville, Texas Medina County Ins. non. 4-2-59 I I Northwest National Bank Dallas, Texas Dallas County National 4-6-59 I Ins. non. 4-I-59 v-<Potomac National Bank I 4-21-59 Buffalo, N. Y. Buffalo, N. Y. | 1 E f C 1- Succession and conversion Buffalo Industrial Bank . Converted to — Bank of Buffalo r Ins. non. I | Name and location of banks and branches Class Date of of b a n k c h a n g e Consolidations, absorptions, etc. Long Beach National Bank Absorbed by -United States National Bank Long Beach, Calif. Georgetown Trust Co. Wilmington Trust Co. Merged under charter.and title of - Wilmington Trust Co. Georgetown, Del. Wilmington, Del. Citizens State Bank Absorbed by — Rising Sun State Bank Rising Sun, Ind. Union County Trust Co. Citizens Trust Co. Merged under charter and title of — Union County Trust Co. Elizabeth, N. J. Summit, N. J. West Hudson National Bank First National Bank Consolidated under charter and title of — First National Bank Harrison, N. J. Jersey City, N. J. San Diego, Calif. Wilmington, Del. Rising Sun, Ind. Elizabeth, N. J. Jersey City, N. J. Guaranty Trust Co. New York, N. Y. J. P. Morgan & Co. Incorporated New York, N. Y. Merged under charter of Guaranty Trust Co. and title of — Morgan Guaranty Trust Co. New York, N. Y. Citizens National Bank First National Bank Consolidated under charter and title of -Citizens National Bank v^Bank of Morven First National Bank Consolidated under charter of First National Bank and title of -First National Bank of Anson County Wellsville, N. Y. Whitesville, N. Y. National 4-20-59 National Ins. non. Member 4-10-59 Member Ins. non. 4-20-59 Member Member Member 4-20-59 Member National National 4-6-59 National Member Member 4-27-59 Member National National 4-1-59 Ins. non. National 4-16-59 Wellsville, N. Y. Morven, N. C. Wadesboro, N. C. Wadesboro, N. C. - 3 Name and location of banks and branches Class of bank Date of change Ins. non. 4-1-59 Consolidations, absorptions, etc. (Cont'd) Brewster Banking Co. Absorbed by — Peoples-Merchants Trust Co. Brewster, Ohio Bethlehem National Bank First National Bank & Trust Co. Consolidated under charter and title of — First National Bank & Trust Co. Bethlehem, Pa. Bethlehem, Pa. Ritzville State Bank Absorbed by — National Bank of Commerce Ritzville, Wash. Canton, Ohio Bethlehem, Pa. Seattle, Wash. Member National National 4-13-59 National Member 4-20-59 National Admission of State bank to Federal Reserve Membership United Bank Star Lake, N. Y. Ins. non. 4-17-59. Admissions of national banks in State of Alaska to Federal Reserve Membership First National Bank Anchorage, Alaska National Bank of Alaska Anchorage, Alaska 4-1-59 Alaska National Bank Fairbanks, Alaska 4-1-59 First National Bank Fairbanks, Alaska 4-1-59 First National Bank Juneau, Alaska 4-1-59 First National Bank Ketchikan, Alaska 4-1-59 4-1-59 Admission of national bank in Territory of Hawaii to Federal Reserve Membership Bishop National Bank of Hawaii Honolulu, Hawaii 4-13-59 Changes in name or location of banks First State Bank Name and location changed to —— American Savings Bank Beecher, 111. South Chicago Heights, 111. Ins. non. 4-3-59 - 4 Name and location of banks and branches Class of bank Date of change Changes in name or ilocation of banks (Cont'd) Zeeland State Bank Name changed to — First Michigan Bank & Trust Co Zeeland, Mich. Member 4-3-59 Pennsylvania Exchange Bank Name changed to Gotham Bank New York, N. Y. Member 4-1-59 Lincoln National Bank & Trust Co. Name changed to — Lincoln National Bank & Trust Co. of Central New York Syracuse, N. Y. National 4-1-59 Ohio State Bank Location changed to -- Whitehall, Ohio Columbus, Ohio Ins. non. 4-6-59 Clark County National Bank Name changed to — First National Bank Clark, S. D. National 4-10-59 Velasco State Bank Name changed to — Brazosport Bank of Commerce Freeport, Texas Ins. non. 4-3-59 Winona, W. Va. National 4-6-59 \ZWinona National Bank Name and location changed to -Gauley National Bank Gauley Bridge, W. Va. Branches established de novo (includes branches at military and other Government establishments) First National Bank of Arizona Pine Grove Office 2514 East Santa Fe Avenue Phoenix, Ariz. Flagstaff, Ariz. Coconino County National California Bank El Monte Office IO37 Exline Street Los Angeles, Calif. El Monte, Calif. Los Angeles County Member American Trust Co. Camellia City Center Office 5700 Folsom Boulevard San Francisco, Calif. Sacramento, Calif. Sacramento County Member Bank of America, N.T. & S.A. Shields-West Branch 1111 West Shields Avenue San Francisco, Calif. Fresno, Calif. Fresno County National 4-13-59 4-24-59 4-6-59 4-20-59 I - 5 Name and location of banks and branches Date of change Class of bank Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Bank of America, N.T. & S.A. (Cont'd) San Francisco, Calif. Stevens Creek-Lawrence Branch Santa Clara County, 5120 Stevens Creek Road Calif. (P. 0. San Jose) Tahoe City Branch (De novo; replaces the agency previously operated seasonally between June 1 and September 30 of each year) 4-6-59 Tahoe City, Calif. Placer County 4-1-59 Crocker-Anglo National Bank San Antonio Center Office 423 San Antonio Road San Francisco, Calif. Mountain View, Calif. Santa Clara County National First Western Bank & Trust Co. Visalia Office 4l4 West Main Street San Francisco, Calif. Visalia, Calif. Tulare County Ins. non. First New Haven National Bank West Haven Drive-In 597 Campbell Avenue New Haven, Conn. West Haven, Conn. New Haven County National Savings Bank of New London New London Shopping Center Branch New London Shopping Center Route # 1 New London, Conn. New London, Conn. New London County Nonins. State Bank & Trust Co. Drive-In Branch 444 Big Hill Avenue Richmond, Ky. Richmond, Ky. Madison County First State Bank & Trust Co. Pleasant Hill Office .716 Avenue F Bogalusa, La. Bogalusa, La. Washington County Piscataquis Savings Bank Millinocket Branch Dover-Foxcroft, Me. Millinocket, Me. Penobscot County Nonins. Portland Savings Bank Congress Square Office 605 Congress Square Portland, Me. Portland, Me. Cumberland County Ins. non. 6 National 4-27-59 4-24-59 4-15-59 4-20-59 : I 4-6-59 Si- 4-20-59 # 4-4-59 & 4-6-59 F F - 6 - Name and location of banks and branches Class of bank Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) N/dounty Trust Co. of Maryland Lexington Park Branch 17 Shangri-La Drive Glen Burnie, Md. Lexington Park, Md. St. Marys County Member Silver Spring, Md. Rockville, Md. Montgomery County Ins. non. Holyoke National Bank Willimansett Branch 714 Chicopee Street Holyoke, Mass. Willimansett, Chicopee, Mass. Hampden County National Bristol County Trust Co. Whittenton Branch 188 Broadway Taunton, Mass. Taunton, Mass. Bristol County Member Michigan Bank Asbury Park Office I63OI W. Eight Mile Road Detroit, Mich. Detroit, Mich. Wayne County Member Kelly Road Office 17040 E. Eight Mile Road Detroit, Mich. Wayne County xX^ank of Silver Spring Congressional Office Congressional Shopping Center Congressional Lane & Wis. Ave. 4-6-59 4-13-59 4-9-59 4-30-59 4-13-59 4-13-59 National Bank of Detroit Twelve Mile-Farmington Road Office 33200 Twelve Mile Road West Detroit, Mich. Farmington Township, Mich. Oakland County (P. 0. Farmington) Vernon State Bank Byron Branch 136 S. Saginaw Street Vernon, Mich. Byron, Mich. Shiwassee County Ins. non. Wyandotte Savings Bank Fair Lane Center Office 7636 Telegraph Road Wyandotte, Mich. Taylor Township, Mich. Wayne County Member Citizens Bank Plain Branch RFD #6 Florence, Miss. Plain, Miss. Rankin County Ins. non. Bank of Passaic & Clifton Plaza Office Clifton Plaza Shopping Center Clifton, N. J. Clifton, N. J. Passaic County Member 4-3-59 4-1-59 4-7-59 4-1-59 4-22-59 Name and location of banks and branches Class of bank Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Hempstead Bank Worth Merrick Office 1731 Merrick Avenue Hempstead, N. Y. Merrick, N. Y. Nassau County Member First national City Bank Third Avenue-46th Street Branch 734 Third Avenue New York N. Y. New York, N. Y. New York County National Oystermens Bank & Trust Co. Oakdale Office Oakdale Shopping Center 863 Montauk Highway Sayville, N. Y. Oakdale, N. Y. Suffolk County Member .yEank of Belmont ^ North Office Belmont, N. C. North Belmont, N. C. Gaston County Ins. non. ^University National Bank Columbia Street Branch iOO West Franklin Street Chapel Hill, N. C. Chapel Hill, N. C. Orange County National First National Bank Arlington Plaza Branch 1400 South Arlington Street Akron, Ohio Akron, Ohio Summit County National Ohio State Bank East Broad Street Branch 3703 East Broad Street (Formerly head office of Ohio State Bank which moved from Whitehall to Columbus) Columbus, Ohio Whitehall, Ohio Franklin County (P. 0. Columbus) Ins. non. Kent National Bank Streetsboro Plaza Branch 1727 Streetsboro Plaza Kent, Ohio Streetsboro, Ohio Portage County (P. 0. Kent) National United States National Bank Woodstock Boulevard Branch 4727 S. E. Woodstock Blvd. Portland, Ore. Portland, Ore. Multnomah County National Chambersburg Trust Co. Lincoln "Way East Branch Lincoln Way East & South Third Street Chambersburg, Pa. Chambersburg, Pa. Franklin County Ins. non. ' 4-1-59 4-27-59 4-13-59 4-1-59 4-13-59 4-6-59 4-6-59 4-1-59 4-11-59 4-1-59 - 8 - Name and location of banks and "branches Class of bank Date of change Branches established de novo (Cont'd) (includes branches at military and other Government establishments) Saving Fund Society of Germantown & Vicinity Philadelphia, Pa. Feasterville Branch Feasterville, Pa. 15 Feasterville Shopping Plaza Bucks County Bustleton Ave. North of Street Road Ins. non. 4-24-59 National Kingsport, Tenn. Colonial Heights, Tenn. Sullivan County (P. 0. Kingsport) 4-27-59 VlShir ling ton Trust Co. Buckingham Office 249 North Glebe Road Arlington, Va. Arlington, Va. Arlington County 4-13-59 v^irst National Bank Dumfries Office Graham Park Road Quantico, Va. Dumfries, Va. Prince William County National Seattle, Wash. King County, Wash. (P. 0. Renton) Member Kingsport National Bank Colonial Heights Branch Seattle Trust & Savings Bank Renton Branch 14205 Rainier Avenue 4-3-59 4-14-59 Banks converted into branches (See also Consolidations, absorptions, etc.) United States National Bank East Long Beach Office 2170 Bellflower Blvd. (Formerly Long Beach National Bank) San Diego, Calif. Long Beach, Calif. Los Angeles County National Wilmington Trust Co. Georgetown Branch The Circle^ (Formerly Georgetown Trust Co.) Wilmington, Del. Georgetown, Del. Sussex County Member Union County Trust Co, Summit Office 300 Maple Street (Formerly Citizens Trust Co.) Elizabeth, N. J. Summit, N. J. Union County Member 4-20-59 4-10-59 4-20-59 V' 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 National Bank West Hudson Office 326 Harrison Avenue (Formerly West Hudson National Bank) Jersey City, N. J. Harrison,. N . J . Hudson County National Morgan Guaranty Trust Co. 23 Wall Street Office 23 Wall Street (Formerly J. P. Morgan & Co. Inc.) New York, N. Y. New York, N. Y. New York County Member - Citizens National Bank Whitesville Office (Formerly First National Bank) Wellsville, N. Y. Whitesville, N. Y. Allegany County National x/^irst National Bank of Anson County Morven Branch 112 E. Main Street (Formerly Bank of Morven) Wadesboro, N. C. Morven, N. C. Anson County National Peoples-Merchants Trust Co. Brewster Branch (Formerly Brewster Banking Co.) Canton, Ohio . Brewster, Ohio Stark County Member rirst National Bank & Trust Co. South Side Office Third & Adams Streets (Formerly Bethlehem National Bank) Bethlehem, Pa. Bethlehem, Pa. Northampton County National National Bank of Commerce Ritzville Branch 201 Main Street (Formerly Ritzville State Bank) Seattle, Wash. Ritzville, Wash. Adams County National 4-6-59 4-27-59 4-1-59 4-16-59 % 4-1-59 4-13-59 4-20-59 Branches acquired by consolidation, absorption, etc. United States National Bank Acquired through absorption and will operate the branch formerly operated by Long Beach National Bank, Long Beach, in Los Angeles County. San Diego, Calif. I I National 4-20-59 iI 1 10 Name and location of banks and branches Class of bank Date of change Branches acquired by consolidation, absorption, etc. (Cont'd) Union County Trust Co. Acquired through merger and will operate the branch formerly operated by Citizens Trust Co., Summit, in Union County. Elizabeth, N. J. First National Bank Acquired through consolidation and will operate the branch formerly operated by West Hudson National Bank, Harrison, in Hudson County. Jersey City, N. J. First National Bank & Trust Co. Acquired through consolidation and will operate the branch formerly operated by Bethlehem National Bank, Bethlehem, in Northampton County. Bethlehem, Pa. 4-20-59 National 4-6-59 4-13-59 Branches discontinued Columbus Bank & Trust Co. 14th Street Branch Columbus, Ga. 1346 Broadway Columbus, Ga. Member Union Center National Bank Progress Branch Union, N. J. 2029-31-33 Morris Avenue Union, N. J. National First National City Bank 2 Wall Street Branch New York, N. Y. 2 Wall Street New York, N. Y. National Liberty National Bank Liberty Branch Fremont, Ohio 321 West State Street Fremont, Ohio National 1-2-59 3-20-59 4-17-59 4-1-59 Changes in name or location of branches First National Bank North Noble Branch Moved from Moved to And renamed -18th Street & Gurnee Branch Anniston, Ala. Anniston, Ala. 1710 Noble Street 29 West 18th Street National 4-6-59 - 1 1 - Name and location of banks and branches Class of bank Date of change Changes in name or location of branches (Cont'd) Title Insurance & Trust Co. San Bernardino Branch Moved from Moved to San Diego Branch Moved from Moved to Bank of America, N.T. & S.A. Costa Mesa Branch , Moved from -Moved to Los Angeles, Calif. Nonins. San Bernardino, Calif. 440 Court Street 340 West Fourth Street 2-24-59 San Diego, Calif. Second Avenue & Broadway Second Avenue & A Street San Francisco, Calif. Costa Mesa, Calif. 512 West 19th Street 548 West 19th Street 4-6-59 National 4-20-59 Irvington, Calif. 301 North Broadway 40655 Fremont Blvd. 4-8-59 **Linda Mar Branch Address changed to — Pedro Valley, Calif. Pacifica, Calif. 4-1-59 **Coastside Branch Address changed to -- Sharp Park, Calif. Pacifica, Calif. 4-1-59 Red Bluff, Calif. 700 Main Street 905 Main Street 4-13-59 *Irvington Branch Changed from Changed to Red Bluff Branch Moved from Moved to First Western Bank & Trust Co. *San Lorenzo Central Office Changed from Changed to San Francisco, Calif. San Lorenzo, Calif. 300 Via Mercado 550 Via Mercado Ins. non. National Bank & Trust Co. of Fairfield County Nev Canaan Office Moved from Moved to Stamford, Conn. New Canaan, Conn. 12 South Avenue 42 Elm Street National * ** 4-15-59 4-6-59 This change is due to the renaming and renumbering of street and does not represent any change in the actual location. These changes are due to the consolidation of various communities in .San Mateo County into the incorporated city of Pacifica and does not represent any change in the actual location. Name and location of banks and branches Class of bank Date of change Changes In name or location of branches (Cont'd) iXlGational Savings & Trust Co. Cathedral Office Moved from Washington, D. C. Washington, D. C. 3715 Newark Street, N. W. Idaho Avenue at Newark Street Moved to First National Bank *Stewart-Lakewood Branch Changed from Changed to \/PProvident Hampden Moved Moved Savings Bank Branch from to Member 4-8-59 Atlanta, Ga. National Atlanta, Ga. 2879 Lakewood Avenue, S. W. 2891 Lakewood Avenue, S. W. Baltimore, Md. Baltimore, Md. 910 W. 36th Street 1010 W. 36th Street Ins. non. Broadway Savings Bank Park Place Office Moved from Moved to New York, N. Y. New York, N. Y. 5 Park Place 239 Broadway Ins. non. First National City Bank Lenox Hill Branch Moved from New York, N. Y. New York, N. Y. Third Ave. near 73rd Street Third Ave. and 72nd Street National Moved to 4-1-59 4-30-59 4-6-59 4-20-59 And renamed -Third Avenue-72nd Street Branch Twenty-six Broadway Branch Moved from Moved to And renamed — Two Broadway Branch Seattle-First National Bank Bellingham Branch Moved from Moved to * New York, N. Y. 26 Broadway Two Broadway. Seattle, Wash. Bellingham, Wash. 100 E. Holly Street 112 E. Holly Street 4-13-59 National 4-27-59 This change is due to the renumbering of street and does not represent any change in the actual location. - 13 rz. Name and location of banks and branches Class of bank Date of change Banking facilities established at military and other Government establishments through arrangements made by Treasury Department American National Bank U. S. Naval Auxiliary Air Station Facility Jacksonville, Fla. U. S. Naval Auxiliary Air Station Mayport, Fla. Duval County National Lexington Trust Co. Laurence G. Hanscom Air Force Base Facility Lexington, Mass. Laurence G. Hanscom Air Force Base Bedford, Mass. Middlesex County Ins. non. First-Columbus National Bank Air Force Base Facility National Columbus, Miss. Columbus Air Force Base Columbus, Miss. Lowndes County 4-30-59 4-1-59 4-9-59