The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
CONFIDENTIAL ' t.ko$ ' BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. November 19, 1952 NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING OCTOBER 1952 Class of bank Date of change Orlando, Fla. National 10- 1-52 Community State Bank Whiting, Iowa Ins.non. 10- U-52 First State Bank Rolla, Mo® Insonon, 10- 9-52 Jacksonville, N, C, National Name and location of banks and branches New banks (except successions and conversions) College Park National Bank First National Bank 10- li-52 Consolidations, absorptions, etc, Ins.non. 10-27-52 Kern County Bank Absorbed by — Anglo California National Bank Taft, Calif. National Bank of Detroit First National Bank Plymouth United Savings Bank Wayne,State Bank These four banks merged under charter and title of — National Bank of Detroit Detroit, Mich. Plymouth, Mich. Plymouth, Mich. Wayne, Mich, Detroit, Mich. National First National Bank & Trust Co. Harrison-Kearny Trust Co# These two banks consolidated under charter and title of — First National Bank & Trust Co, Kearny, N. J, East Newark, N. J. National Ins.non, Kearny, N. J. National Oswego County National Bank Citizens National Bank & Trust Co* These two banks merged under charter and title of — Oswego County National Bank O, N. Y. Fulton, N. Y. First National Bank Norwood Savings Bank These two banks consolidated under charter and title of — First National Bank Cincinnati, Ohio Norwood, Ohio San Francisco, Calif, National Oswego, N. Y. Cincinnati, Ohio 'National 10- 1-52 National Member Ins.non, 10- 1-52 National 10-lk-52 National National National Ins.non. National V 10- 1-52 — 2 — Name and location of banks and branches Class of bank Date of change Consolidations, absorptions» etc, (Cont'd) Union Trust Co. Absorbed by — Fidelity Trust Co. Butler, Pa® Pittsburgh, Pa. North Broad National Bank Broad Street Trust Co. These two banks merged under charter and title of — Broad Street Trust Co. Philadelphia, Pa. Philadelphia, Pa, National Ins.non» Warden State Bank Absorbed by — Grant County State Bank Warden, Wash. 10-13-52 Ins.non. Philadelphia, Pa. Ephrata, Wash. Ins.non. 10-27-52 Ins.non. Ins.non. 10- 9-52 Ins.non. Admission of State banks to Federal Reserve membership Northport Trust Co. Northport, N. Y. Ins.non. 10- 3-52 Farmers & Merchants Bank Columbia, Tenn. Ins.non, 10-13-52 Withdrawals of State banks from Federal Reserve membership Windsor State Bank Windsor, 111. Insurance 10- 2-52 continued Bank of Sharon Sharon, Tenn. Insurance 10- 1-52 continued Changes in name or location Raleigh Industrial Bank Name changed to — Bank of Raleigh Raleigh, N. C. Ins.non. Rushmore State Bank Location changed to Hill City, S. D. Rapid City, S. D. Ins.non. 10-17-52 Union Trust Co. Name changed to — Union Bank & Trust Coa Salt Lake City, Utah Ins*non. 10-27-52 10- 1-52 - 3 Name and location of banks and branches Class of bank Date of change Branches established (including branches at military and other Government establishments and banks converted into branches) Anglo California National Bank raft Office (Formerly. Kern County Bank) West Sacramento Branch (De novo) San Francisco, Calif. National 1+31 North Street Taft, Calif. 8U0 Jefferson Blvd. West Sacramento, Calif# Manchester Trust Co. North Branch (De novo) Manchester, Conn* 15 North Main St. Equitable Trust Co. Wilmington Merchandise Mart Branch (Da novo) Wilmington, Del. Member Governor Printz Blvd. at Edge Moor Road New Castle County, Del. Fort Wayne National Bank North Branch (De novo) Fort Wayne, Ind. 1235 East State Boulevard Gary National Bank Washington Street Branch (De novo) Gary, Ind. National 529-5U3 Washington St. 10-11-52 Liberty National Bank & Trust Co. * Broadway Midtown Office (De novo) Louisville, Ky* 5*11 West Broadway National 10-17-52 National Bank of Detroit Penniman Office (Formerly First National Bank) Plymouth Office (Formerly Plymouth United Savings Bank) Wayne Office (Formerly Wayne State Bank) Detroit, Mich. 833 Penniman Ave* Plymouth, Mich. 306 South Main St. Plymouth, Mich. National Ins.non. 9-29-52 10- 6-52 10- 1-52 10- 1-52 35118 Michigan Ave. Wayne, Mich. Morristown, N. J. West Main St. Mendham, N. J. 10- 1-52 National 10- 1-52 First National Bank & Trust Co. Kearny, N. J. National East Newark Office 710 North Fourth St. East Newark, N. J. (Formerly Harrison-Kearny Trust Co.) Morris County Savings Bank Mendham Office (De novo) 10-27-52 10-15-52 10- 1-52 Ins.non» 9-16-52 - h Name and location of banks and branches Class of bank Date of change Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) County Trust Co. New Milford Office (De novo) Tenafly, N. J. Member 856 River Road New Milford, N. J* East Brooklyn Savings Bank Avenue D Office (De novo) New York, N. Y. U203 Avenue D Ins.non. Oswego County National Bank 29 South First Street Branch (Formerly Citizens National Bank and Trust Co.) Oswego, N. Y. 29 South First St# Fulton, N. Y. National Fort Neck National Bank Wantagh Office (De novo) Seaford, N. Y. 1235 Wantagh Ave# Wantagh, N. Y. National Fidelity Bank Vickers Avenue Branch (De novo) Durham, N. C. Member Vickers Ave. & Jackson St# First National Bank Norwood Savings Branch (Formerly Norwood Savings Bank) Cincinnati, Ohio 1+730 Main Avenue Norwood, Ohio Cleveland Trust Co* Brookpark Broadview Branch (De novo) Cleveland, Ohio Member Broadview & Brookpark Rds. 10- 8-52 First State Bank Estacada Branch (De novo) Milwaukie, Ore# Estacada, Ore# 10- U-52 10- 1-52 10-1U-52 10- Lt-52 10- 2-52 Nationa 10- 1-52 Ins.non# Broad Street Trust Co# Philadelphia, Pa. Ins.non. North Broad Office 5900 North Broad St# (Formerly North Broad National Bank) Fidelity Trust Co. Butler Branch (Formerly Union Trust Co.) Pittsburgh, Pa. Butler, Pa. Commercial National Bank Northside Branch (De novo) Spartanburg, S# C. National 6hb Asheville Highway 10-20-52 10-27-52 Ins.non. 10-13-52 10- 1-52 - 5 Name and location of banks and branches Class of bank Date of change Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) Rushmore State Bank Hill City Branch (De novo) Rapid City, S. D. Hill City, S. D. Ins.non. Grant County State Bank Warden Branch (Formerly Warden State Bank) Ephrata, Wash. Warden, Wash# Ins .non. First National Bank Lynnwood Branch (De novo) Everett, Wash. Lynnwood, Wash. National 10-17-# 10- 9-52 10-27-52 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Central National Bank Vance Air Force Base Enid, Okla. Enid, Okla. National First National Bank Amarillo Air Force Base Amarillo, Texas Amarillo Air Force Base, Texas National 10- 6-52 10-10-52 Branches acquired by absorption or purchase Anglo California National Bank Oildale Branch (Formerly branch of Kern County Bank, Taft, Calif., which was absorbed by Anglo California National Bank) San Francisco, Calif. National 1301 North Chester Ave. Oildale, Calif. 10-27-52 National Bank of Detroit Livonia Branch (Formerly branch of First National Bank, Plymouth, Mich., which merged with National Bank of Detroit) Garden City Branch Detroit, Mich. 32203 Plymouth Rd, Livonia, Mich. 10- 1-52 Inkster Branch North Side Branch (Formerly branches of Wayne State Bank, Wayne, Mich., which merged with National Bank of Detroit) 29317 Ford Road Garden City, Mich. 27316 Michigan Ave. Inkster, Mich. 2909 Washington St* Wayne, Mich. National 10- 1-52 10- 1-52 10- 1-52 - 6 Class of bank Name and location of banks and branches Date of change Branches discontinued Onawa State Bank Whiting Branch Onawa, Iowa Whiting, Iowa Ins.non. Industrial Bank of Commerce Williamsburg Branch New York, New York 36 Graham Ave© • Ins.non. Mellon National Bank & Trust Co* Parnassus Office National Pittsburgh, Pa, Fourth & Main Sts. New Kensington, Pa, 10- U-52 9-26-52 10-11-52 Changes in name or location of branches Security-First National Bank Magnolia Park Branch Moved from Moved to Whittier Branch Moved from Moved to Los Angeles, Calif. National Burbank, Calif, 10- 3-52 350U West Magnolia Blvd. 3U00 West Magnolia Blvd. Whittier, Calif. 10-27-52 131 North Greenleaf Ave. 203 West Philadelphia St. Bank of America, N.T. & S.A. Stonestown Branch Moved from Moved to Castro Valley Branch Moved from Moved to Broadway-Grand Branch Moved from Moved to and renamed Broadway-21st Branch San Francisco, Calif. National 3kh9 Nineteenth Ave. 296 Winston Drive Castro Valley, Calif. 71*85 Castro Valley Blvd. 7550 Castro Valley Blvd. Oakland, Calif. 2250 Broadway 20U8 Broadway Equitable Trust Co. Union Street Office Moved from Moved to Wilmington, Del. Idaho First National Bank Boise Trust Branch Renamed Capital Branch Boise, Idaho National 815 West Idaho St. Equitable Hampden Moved Moved Baltimore, Md. Trust Co* Office from to 10- 3-52 10-1U-52 10-20-52 Member 10-27-52 Third & Union Sts. Second & Union Sts. 10-15-52 Ins.non. 10-17-52 918 W. 36th St. 902-906 W. 36th St. - 7 Name and location of banks and branches Class of bank Date of change Changes in name or location of branches (Cont'd) Union Trust Co. East Rochester Office Moved from Moved to ' Rochester, N, Y* Ins.non# 10-10-# East Rochester, N. Y. 301 Main Street 211 Main Street