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\" CONFIDENTIAL £ BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM L.U.5 Nov. 20, 1951 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DUEING OCTOBER 1951 Name and location of banks and branches Class of bank Date of change Ins.non* 10-15-51 New Banks (except successions and conversions) North Denver Bank . Denver, Colo. South Dade Farmers Bank Homestead, Fla. Ins.non. 10*12-51 Commercial Bank Miami, Fla. Ihs.non. 10-31-51 Bank of Upson Thooaston, Ga. Ins.non. 10- 1-51 Mount Greenwood State Bank Chicago, 111, Ins.non. 9-27-51 Canadian Bank of Commerce Trust Co. New York, N, Y, y/ Mount Vernon Bank & Trust Co. Jefferson Manor, Va Nonins. 10- 3-51 Ins.non. 10-13-51 Nonins. 10-17-51 Successions and conversions Tyronza Exchange Co. Succeeded by — Tyronza Bank Tyronza, Ark. Tuscarora Bank Converted to — Tuscarora State Bank Blairs Mills, Pa. Bank of Pickford Pickford, Mich. Tyronza, Ark. Blairs Mills, Pa. Ins.non. Nonins. 10- 1-51 Ins.non. Suspension Nonins. THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. 10-30-51 - 2 Name and location of banks and branches Class of bank change Consolidations, absorptions, etc. Union National Bank Absorbed by — Security-First National Bank Ventura, Calif. Niotaee State Bank Absorbed by — Caney Valley National Bank Niotaze, Kans# Caney, Kans. National Lee County Commercial Bank Peoples Exchange Bank These two banks merged under charter of Peoples Exchange Bank and title of — Peoples Exchange Bank of . Beattyville Beattyville, Ky. Beattyville, Ky, Ins.non. Ins.non. Bankers-Equitable Trust Co. Absorbed by — Detroit Trust Co. Detroit, Mich. Emmet State Bank Absorbed by — First National Bank Emmet, Nebr. Verona Trust Co. Absorbed by — Montelair Trust Co. Verona, N. J. Bank of Hammonds port Absorbed by — Lincoln Rochester Trust Co. Hammondsport, N. Y. Member Rochester, N. Y. Member First National Bank Absorbed by — Bank of Hydro Hydro, Okla. First National Bank of Osceola Absorbed by — County National Bank Osceola Mills, Pa, National Clearfield, Pa. National Bank of Ohio Valley Absorbed by — Colonial Trust Co. Pittsburgh, Pa. Los Angeles, Calif. Beattyville, Ky. Detroit, Mich. Atkinson, Nebr. Monte lair, N. J. Hydro, Okla. Pittsburgh, Pa. National 10- 1-51 National Nonins, 10-19-51 9-28-51 Ins. non. Nonins. 10-26-51 Nonins. Nonins. 10- 8-51 National Ins.non. 10- 1-51 Member National 10- 1-51 8-13-51 Ins.non. Member Member 10- 1-51 10- 1-51 - 3 and location of banks and branches Date of Class of bank change Consolidations, absorptions, etc. (Cont'd) Home Bank Absorbed by — Bank of Huntingdon Bruceton, Tenn. Huntingdon, Tenia. Ins.non. 9^20-51 Ins.non. Admissions of State banks to Federal Reserve membership Rhode Island Hospital Trust Co. xZ Raleigh County Bank Providence, R. I. Nonins. 10-31-51 Beckley, W. Va. Ins.non. 1CW 2-51 Withdrawal of State bank from Federal Reserve membership Citizens Bank Aztec, IT. Mex. Insurance continued 10-25-51 Ins.non. 10- Changes in name or location Weber Bank Location changed to — Wardner, Idaho Kellogg, Idaho -51 Branches established (including branches at military and other government establishments and banks converted into branches) Valley National Bank Broadway Office (De novo) Phoenix, Ariz. 3033 East Broadway Tucson, Ariz. National Southern Arizona Bank & Trust Co. Alvernon Broadway Office (De novo) Tucson, Ariz, Tucson, Ariz. Member Security-First National Bank Ventura Branch (Formerly Union National Bank) Los Angeles, Calif. 507 Sast Main St. Ventura, Calif. 10-22-51 9-27-51 10- 1-51 Name and location of banks and branches Class of bank Date of change Branches established (Confd) (including branches at military and other government establishments and banks converted into branches) National First National Bank & Trust Co. Broadway Office (De novo) New Haven, Conn. 88 Broadway Thomaston Savings Bank Main Street Branch (De novo) Thomaston, Conn. 737 Main St. Watertown, Conn. Wilmington Trust Co, Greenville Branch (De novo) Wilmington, Del. Milford Crossroads Greenville, Del. Member Lincoln Bank & Trust Co. Iroquois Branch (De novo) Louisville, Ky. 5311+ S. Third St. Member Peoples National Bank South Side Office (De novo) Paduoah, Ky. 2612 Bridge St. National Guaranty Bank & Trust Co, Guaranty Bankfs Drive-inService Branch (De novo) Alexandria, La. Ins.non. Central Savings Bank & Trust Co. Louisville Avenue Branch (De novo) Monroe, La, Monroe, La. Member Ouachita National Bank Jackson Street Branch (De novo) Monroe, La. Corner of Jackson & Layton Streets National Canal National Bank 337 Forest Avenue Branch (De novo) Portland, Maine 337 Forest Ave. National Union Market National Bank Warren Street Office (De novo) Watertown, Mass 38 Warren St. Waltham, Mass. National 10-10-51 10- 1-51 10-22-51 6-21-51 10-22-51 818 Fourth St. 10-15-51 10-17-51 9-25-51 10-23-51 10- 1-51 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) Member - City Bank Seven Mile Road Branch (De novo) Detroit, Mich. 20i;12 West Seven Mile Road Bank of Nevada First and Fremont Office (De novo) Las Vegas, Nev. 102 Fremont St. First National Bank Wayne Township Office (De novo) Bloomingdale, N. J. Parish Oval Drive & Boonton Road Mountain V iew, N, J. National Mont0lair Trust Co. Verona Office (Formerly Verona Trust Co.) Montelair, N. J, 566 Bloomfield Ave. Verona, N. J. Member Manufacturers & Traders Trust Co. North Main Street Office (De novo) Buffalo, N. Y. 1521-1531 Muin St. Niagara Falls, N. Y. Member Buffalo, N. Y. 250 Main St. Member Marine Trust Company of Western New York Drive-in-office (De txovo) Smith Plaza Office (De novo) 10- 1-51 Lackawanna, N. Y. 123U Abbott Road Port Richmond, N. Y. 1910 Victory Blvd. Staten Island, N. Y. National Lincoln Rochester Trust Co. Hammondsport Office (Formerly Bank of Hammondsport) Rochester, N. Y. Hammondsport, N. Y. Member Gatesvilie, N. C. Lewiston, N. C. Ins.non. 10-15-51 10- 1-51 10-22-51 10- 1-51 10-15-51 Richmond County National Bank Castleton Corners Office (De novo) - / Tarheel Bank & Trust Co, Lewiston Branch (De novo) 10- 8-51 10- 8-51 10- 1-51 10-15-51 . 6 i Ifetme 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) ^ Peoples Loan & Savings Bank West End Branch (De novo) Statesville, N. C, 1119 West End St. Ins.non. Central National Bank Shaker Heights Branch (De novo) Cleveland, Ohio 16821 Kinsman Road Shaker Heights, Ohio National National City Bank West Tovm Branch (De novo) Marion, Ohio k55-h59 West Center St. National Muhoning National Bank Boardman- Branch (De novo) Youngstown, Ohio National 257 Boardman-Canfield Road Boardman Townshipj Ohio County National Bank Osceola Mills Office (Formerly First National Bank of Osceola) Clearfield, Pa. Osceola Mills, Pa. Colonial Trust Co, Woods Run Branch (Formerly Bank of Ohio Valley) Pittsburgh, Pa. 292U Preble Ave. Upper Darby National Bank Broomall Office (De novo) Upper Darby, Pa. Summit Ave & West Chester Pike Broomall, Pa. National Industrial Trust Co. Hoxsie Branch (De novo) Providence, R. I. 35 Occupasstuxet Road Warwick, R. I. Member Bank of Huntingdon Bruceton Branch (Formerly Home Bank) Huntingdon, Tenn. Bruceton, Tenn. Ins.non. Union Planters National Bank & Trust Co. White Station Branch (De novo) Memphis, Tenn. 4900 Poplar Ave. 8- 8-51 10- 8-51 10-2U-51 10-15-51 National 10- 1-51 10- 1-51 10-22-51 10- 1-51 9-20-51 10-10-51 - 7 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) ^ Citizens Trust Co. West End Branch (De novo) First National Bank Drive-In Branch (De novo) Portsmouth, Va. Hamilton Ave & High St. Ins.non. Port Angeles, Wash. Ill East Front St. National 10- 5-53 10-19-51 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department National Shawmut Bank Boston Naval Shipyard Boston, Mass* Boston, Maaa.. National Falmouth National Bank Camp Edwards Falmouth, Mass, Camp Edwards, lass. National First National Bank Fort Slocum New Rochelie, N. Y. Fort Slocum, N. Y. National Valley National Bank Letterkenny Ordinance Depot Chambersburg, Pa. Chambersburg, Pa. National 10*3 L-51 9S-10-51 10-15-51 10- 1-51 Branches acquired by absorption or purchase Bank of Huntingdon Hollow Rock Branch (Formerly branch of Home Bank, Bruce ton, Tenn., which was absorbed by Bank of Huntingdon) Huntingdon, Tenn. Hollow Rock, Tenn. Ins.non. 9-20-51 Branch discontinued Iowa Trust & Savings Bank Cincinnati Branch Centerville, Iowa Cincinnati, Iowa Ins.non. 10-15-51 4 6 Name and location of banks and branches Class of bank Date of change Changes in name or location of branches V alley National Bgnk •East V en Buren Branch Changed from -Changed to -- Phoenix, Ariz. Central Bank Telegraph Avenue Branch Moved from — Moved to — Oakland, Calif. Suburban Trust Co. Bethesda Office Moved from — Moved to -- Hyattsville, Md. Bethesda, Md. 7hkk-7hU& Wisconsin Ave, 1+600 East-West Highway » National 9-25-51 2100 East Van Buren St. 212I4. East Ven Buren St. Ins.non. 10-29-51 5020 Telegraph Ave. U900 Telegraph Ave. 10-15-51 Bank of Nutley Franklin vBfanch • Moved from -Moved to — Nutley, N. J. Manufacturers & Traders Trust Co. Niagara Falls Office Renamed — Portage Road Office Buffalo, N. Y. M Portage Roa.d & East Falls St* Niagara Falls, N. Y. Corn Exchange Bank Trust- Co. FUlton Street Branch Moved from — Moved to — New York, N. Y. Manufacturers Trust Co. Boston Road Branch Moved from — Moved to — New York, N. Y. Bronx, N. Y. 3U91 Boston Road 3I4BO Boston Road Member Seattle-First National Bank Yakima Valley Branch Moved from — Moved to — Seattle, Wash. Yakima, Wash* 113 East Yakima Ave; 101 North Second St. National Puget Sound National Bank Lincoln Branch Moved from — Moved to — Tacoma, Wash. National 10-22-51 Franklin Ave. & Centre St. 350 Centre St. Member 10-22-51 37 Fulton St, 1+9-53 Fulton St, 3808 South Yakima Ave, 3705 South G. St. 10-10-51 10- 8-51 10-22-51 10-15-51 * This change is due to renumbering of streets and does not represent a change in the actual location.
@FedFRASER