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I.
CONFIDENTIAL

/v u

BOARD OF

1 % i > y 7 •'
•

1

L.4.5

:

~

*

-

November 12, 1948

_

CHANGES IN STATUS OF BANKS AI© BRANCHES AS REPORTED DURING OCTOBER 1948
Class of bank

Name and location of banks and branches

Date of
change

New banks
(except successions and conversions)
Joshua Monument National Bank

Twentynine Palms, Calif. National

10-11-1*8

Successions and conversions
American Trust & Banking Co.
Converted t o —
American National Bank &
Trust Co.

Member

Chattanooga, Tenn.

10-1-48

National

Chattanooga, Tenn.
Voluntary liquidations

(except incident to absorptions, successions, etc.)
Claremont State Bank
Bank of Menfro
First State Bank

Ins. nonmem.
Ins. nonmem.
Ins. nonmem.

10-20-48
10-31-48
10-15-48

National
National
Member

Claremont, 111.
Menfro, Mo.
Johnson, Nebr.

10-1-48

Consolidations, absorptions, etc.
Farmers & Mechanics National Bank Westminster, Md.
First Rational Bank
Westminster, Md.
Westminster Savings Bank
Westminster, Md.
These three banks consolidated
under charter of First National
Bank and under title o f —
Carroll County National Bank
Westminster, Md.
Boston, Mass.
National Rockland Bank
Boston, Mass,
Webster & Atlas National Bank
These two banks consolidated
under charter of National
Rockland Bank and under
title o f —
Boston, Mass.
Rockland-Atlas National Bank
First National Bank
Latrobe, Pa.
First National Bank
Ligonier, Pa.
These two banks were absorbed by-Mellon National Bank & Tr. Co. Pittsburgh, Pa.

National
National
National

National
National
National
National

THIS COMPILATION IS DEB I VET) LARGELY FROM SECONDARY SOURCES.
NOT AN OFFICIAL REPORT OF CHAi,G2S IB THE BANKING STRUCTURE.




10—18—48

10-4-48
10-25-48

- 2
and location of banks and branches

Class of bank

Date of
change

Consolidations, absorptions, etc, - Cont'd
Bank of Millboro
Absorbed b y First National Bank

Millboro, Va.
Clifton Forge, Va,

Ins. nonmem.

IO-6-I4.8

National

Admissions of State banks to Federal Reserve Membership
Citizens Trust Co.
Duquesne City Bank
Almeda State Bank

Atlanta, Ga.
Duquesne, Pa.
Houston, Texas

Ins. nonmem.
Ins. nonmem.
Ins. nonmem.

10-1-1+6
10-28-U8
10-22-U8

Withdrawals of State banks from Federal Reserve Membership
Community State Bank
Belvidere State Bank

Grandville, Mich.
Belvidere, S. Dak.

Ins, continued
°Ins. continued

10-30-1+8
10-11+-1+8

Ins. nonmem.

10-21-1+8

Changes in name or location
Morganton Industrial Bank
Name changed t o —
State Bank of Burke

Morganton, N. C.

Branches established
(excluding offices at military reservations but including
banks converted into branches)
Bank of America, N. T. & S. A.
Castro Valley Branch
(De novo)
El Cerrito Branch
(De novo)

San Francisco, Calif.
National
71+85 Castro Valley Blvd.
Castro Valley, Calif.
755 San Pablo Avenue
El Cerrito, Calif.

10-k-hQ
10-18-1+6

Andrew Savings Bank
LaMotte Branch
(De novo)

Andrew, Iowa
LaMotte, Iowa

Ins. nonmem.

Citizens Bank
Avondale Branch
(De novo)

Riverdale, Md. .
Queens Chapel Rd. and
Eastern Ave.
Mt. Rainier, Md,

Ins. nonmem.

Carroll County National Bank
Westminster, Md.
Court Street Branch
195 East Main Street
(Formerly Farmers & Mechanics
National Bank)
East Main Street Branch
12 East Main Street
(Formerly Westminster Svgs. Bank)




10-1+-1+8

10-23-1$

10—1—1+8

10—1—1+8

- 3
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)
Rockland-Atlas National Bank
Webster Office
(Formerly Webster & Atlas
National Bank)

Boston, Mass*
199 Washington Street

National

Guaranty Bank & Trust Co.
Dr ive-in-Branch
(De novo)

Worcester, Mass.
Ins. nonmem.
Commercial & Central Sts.

Capital National Bank
Battlefield Park Branch
(De novo)

Jackson, Miss.
Intersection of
Highways 51 and 80

National

Bank of Jamestown
Drive-in-Office
(De novo)

Jame stovm, N. <Y.
Corner of East Fourth
and East Second Sts.

Member

10-18-48

10-26-1*8

10-21-1+8

10-11-48

Wachovia Bank & Trust Co.
South Office
(De novo)

Winston-Salem, N. C.
212 East Morehead St.
Charlotte, N. C.

Member

Mansfield Savings Trust
National Bank
South Side Branch
(De novo)

Mansfield, Ohio
399 Sturges Avenue

National

United States National Bank
Sandy Boulevard Branch
(De novo)

Portland, Ore.
3U56 N. E. ?2nd St.

National

Mellon National Bank & Trust Co. Pittsburgh, Pa.
Latrobe Branch
Ligonier & Main Sts.
(Formerly First National Bank) Labrobe, Pa.

10-15-1*8

10-1-1+8

10-18-48
National

. Ligonier Branch
Ligonier, Pa.
(Formerly First National Bank)

10-4-48
10-25-48

Bank of Lancaster
Midway Street Branch
(De novo)

Lancaster, S. C.
Lancaster, S. C.

Ins. nonmem.

Commercial National Bank
Burlington Branch
(De novo)

Knoxville, Tenn.
3908 Magnolia Ave.

National




10-18-48

10-5-48

-

h-

-

Name and location of banks and branches

Class of bank

Da^e of
change

Branches established - Cont'd
(excluding offices at military reservations but including banks converted into branches)
Old National Bank
Granger Branch
(De novo)

Spokane, vjash.
Granger, Wash.

National
10-5-1*8

Branches discontinued
Schenectady Trust Co.
Union Office

Schenectady, N. Y.
33U State Street

Member
10-25-1*8

Changes in name or location of branches
Security-First National Bank
Alhambra Branch
Moved from
Moved to
Temple City Branch
Moved from
Moved to

Los Angeles, Calif.
Alhambra, Calif.
, 1 1 West Main Street
**
200 East Main Street

National
10-11-1$

Temple City, Calif.
2151 East Las Tunas Drive
2119 East Las Tunas Drive

Idaho First National Bank
Nampa Branch
Moved from
Moved to

Boise, Idaho
Nampa, Idaho
1202 First St. North
1110 First St. South

National

Fletcher Trust Co.
Sixteenth Street Branch
Moved from
Moved to

Indianapolis, Ind.

Member

Provident Savings Bank
York Road Office
Moved from

Baltimore, Md.

10-28-1*8

Moved to
County Trust Co.
Post Road Office
Moved from
Moved to
Mount Kisco Office
Moved from
Moved to




10-18-1*8

10-11-1*6
151+1 North Illinois Avenue
20 West Sixteenth Street
Ins. nonmem.
10—6—1*8
S.W. corner of York Road
& Belvedere Avenue
518 E. Belvedere Avenue
White Plains, N. Y.
Larchmont, N. Y.
97 Post Road
111 Post Road
Mount Kisco, N. Y,
25 East Main Street
55 East Main Street

Mi
10-1*-1*8

10-11-1*8