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F,.Re CONFIDENTIAL
BOARD!OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L.lu5_

J

-

October lit, 1951*

CHANGES IN STATUS 0 F BANKS AND BRANCHES AS REPORTED DURING SEPTEMBER 1951*
Class
of bank

Name and location of banks and branches

Date of
change

New banks
(except successions and conversions)
Citizens National Bank

St. Petersburg, Fla.
Pinellas County

National

9- 2-51*

Slater State Bank

Slater, Iowa
Story County

Ins.non.

9- 1-51*

Southern National Bank

Tallulah, La.
Madison County

National

9-20-51*

Citizens First National Bank

Wolf Point, Mont.
Roosevelt County

National

9- 1-51*

First State Bank

Hinton, Okla.
Caddo County

Ins.non,

9-20-51*

Ins.non.

9-20-51*

Succession and conversion
Industrial Bank
Converted to —
Commercial & Industrial Bank

Henderson, N. C,
Henderson, N. C.

Ins.non.

Suspension
Bank of VJhitesburg

VJhitesburg, Ky.

Ins.non.

9-16-51*

Voluntary liquidation
.)
(except incident to absorptions, successions, etc.

Ohio Valley Trust Co.

Henderson, Ky.

Nonins.

3- 1-51*

Byrara, Conn.

National

9- 1-51*

Greenwich, Conn.

Ins.non.

Consolidations, absorptions, etc.
Byrara National Bank of
East Port Chester
Greenwich Trust Go.
These tiro banks merged
under charter and title of —
Greenwich Trust Co.




Greenwich, Conn.

Ins.non.

F,R. CONFIDENTIAL

^
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

L.U.5 (Supplement)

October 22, 195k

CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING SEPTEMBER 195k
Class
of bank

Name and location of banks and branches

Date of
change

The following item was incorrectly reported in this statement dated
October ill, 195k:
Suspension
Bank of Miitesburg

Whitesburg, Ky.

Ins.non.

9-16-5U

Ins.non.

9-16-5^

This should have been reported as:

Suspension
Bank of Whitesville




frJhitesville,

Ky.

-

2 -

Name and location o f banks and branches

Class
of bank

Date of
change

National

9-20-5>li

Consolidations, absorptions, etc. (Cont'd)
Marine National Bank
Absorbed by —
Central National Bank

v

»

Chicago, 111.
Chicago, 111.

National

Bankers Trust Co.
Absorbed by —
Gary National Bank

Gary, Ind.

First National Bank
Absorbed by —
First National Bank

Buechel, Ky.

Produce National Bank
Absorbed by —
First National Bank & Trust Co.

South Deerfield, Mass.

Farmers State Bank
National Bank of Jackson
These two banks consolidated
under charter and title of —
National Bank of Jackson

Grass Lake, Mich.
Jackson, Mich.

Ins.non.
National

Jackson, Mich.

National

Bank of Clarksdale
Commercial & Savings Bank
These two banks merged
under charter and title of —
Bank of Clarksdale

Clarksdale, Miss.
Friars Point, Miss.

Ins.non.
Ins.non.

Clarksdale, Miss.

Ins .non.

First National Bank
Absorbed by —
First National Bank

Glarington, Ohio

First National Bank
Absorbed by —
First State Bank

Hinton, Okla.

Gary, Ind.

Louisville, Ky.

Nonins.

6-28-51;

National
National

8-23-5U

National
¥

Greenfield, Mass.

Powhatan Point, Ohio

Hinton, Okla.

National

9- h - S h

National

9- 1-5U

9- 1-5U

w
9-20-5U

National
National

9-20-5U

Ins.non.

Bristol Trust Co.
'Southampton State Bank
These two banks merged
under charter of Bristol
Trust Co. and title of —
Delaware Valley Bank & Trust Co.

Bristol, Pa.
Southampton, Pa.

Ins.non.
Ins.non.

Bristol, Pa.

Ins.non.

First National Bank
First National Bank of Monongahela City
These two banks consolidated
under charter and title of —
First National Bank

McKeesport, Pa.
Monoogehela, Pa»

National
National




McKeesport, Pa.

:>

National

National

9-13-5^

9- l-51t

- 3 Name and location of banks and branches

Class
of bank

Date of
change

Ins.non.
National

9-13-511

Consolidations, absorptions, etc. (Cont ! d)
Broad Street Trust Co.
Northwestern National Bank
These two banks merged
under charter and title o f —
Broad Street Trust Co.

Philadelphia, Pa.
Philadelphia, Pa.

Philadelphia, Pa.

Ins.non.

Admissions o f State banks to Federal Reserve Membership
North Fork Bank & Trust Co.

Mattituck, N. Y .

Ins .non.

9-16-5U

Bank of Virginia

Richmond, Va.

Ins .non.

9-10-51

Changes in name or location
Springdale Bank & Trust Co.
Name changed to —
Security Bank & Trust Co.

Stamford, Conn.

Member

9- 1-5U

Springs State Bank
Designation of location changed to —
(No actual change in location community formerly known as
Sulphur Springs was annexed to
the city o f Tampa.)

Sulphur Springs, Fla.
Tampa, ELa.

Ins.non.

1-

Commerce National Bank
Name changed to —
National Bank of Toledo

Toledo, Ohio

National

9- l-51t

National

9- 1-5U

Harleysville National Bank
Harleysville, Pa.
Name changed to —r
Harleysville National Bank & Trust Co.

-5k

Branches established
(including branches at military and other Government
establishments and banks converted into branches)
Greenwich Trust Co.
Byram Office
(Formerly Byram National Bank of
East Port Chester)

Greenwich, Conn.
1 South Water Street
Byram, Conn.
Fairfield County

First National Bank
Buechel Branch
(formerly First National Bank)

Louisville, Ky,
National
Buechel & Farmview Avenue
Buechel, Ky.
Jefferson County




Instnon.
9- 1-5U

8-23-5U

- l i
ft ame 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)
National Bank of Commerce
South Portland Branch
(De novo)

Portland, Me.
15 Hinckley Drive
South Portland, Me.
Cumberland County

First National Bank S Trust Co,
t
South Deer field Office
(Formerly Produce National Bank)

Greenfield, Mass.
National
South Deerfield, Mass.
Franklin County

Grosse Pointe Bank
Grosse Pointe Farms Branch
(De novo)

Grosse Pointe, Mich*
Member
93 Kercheval Avenue
Grosse Pointe Farms, Mich
Wayne County

National Bank o f Jackson
Grass Lake Office
(Formerly Farmers State Bank)

Jackson, Mich.
National
115 East Michigan Avenue
Grass Lake, Mich.
Jackson County

Bank of Clarksdale
Friara Point Branch Office
(formerly Commercial &
Savings Bank)

Clarksdale, Miss.
Friars Point, Miss.
Coahoma County

First National Bank & Trust Co.
Boro Office
(De novo)

Paterson, N. J.
National
380 Totowa Road
Totowa Borough, N. J.
Passaic County

North Jersey Trust Go.
Midland Park Branch
(De novo)

Ridgewood, N . J.
Member
Godwin St H abb en Avenues
Midland Park, N . J.
Bergen County

City National Bank
East Side Branch
(De novo)

Binghamton, N . Y .
National
Ili9-153 Robinson Street
Binghamton, N . Y .
Broome County

Bank of the Manhattan Go.
Branch #20
(De novo)

New York, N . Y .
Member
2k9-k6 Horace Harding Blvd.
, Little Neck, N . Y .
Queens County




National
9- 2-5U

9- 2-5U

9-15-5U

9- 1-5&

Ins.non.
9- 1-94

9- 7-5k

9-20-51*

9-Ik-5k

9-10-5U

- 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)
Franklin Savings Bank
5>0th street Office
(De novo)

New York, N . Y .
735 Ninth Avenue
New York, N . Y .
New York County

Bank of Chapel Hill
Glen Lennox Branch
(De novo)

Chapel Hill, N. C .
Ins.non.
Glen Lennox Shopping Center
Chapel Hill, N . 0.
Orange County

Commercial & Industrial Bank
William Street Drive-In Branch
(De novo)

Henderson, N . 0 .
Ins.non.
William & Arch Streets
Henderson, N. C .
Vance County

Commercial National Bank
Mbrehead City Branch
(De novo)

Kins ton, N. C,
National
805 Arendell Street
Morehead City, N. C .
Carteret County

Peoples Savings Bank & Trust Co.
Dawson Street Branch
(De novo)

Wilmington, N. C .
1616 Dawson Street
Wilmington, N. C.
New Hanover County

Member

Fifth-Third Union Trust Co.
"Western Hills Plaza Branch
(De novo)

Cincinnati, Ohio
Glenway & Werk Avenue
Cincinnati, Ohio
Hamilton County

Member

Third National Bank & Trust Co.
Eastovm Branch
(De novo)

Dayton, Ohio
389b Linden Avenue
Dayton, Ohio
Mantgomery County

National

First National Bank
Halsey Street Branch
(De novo)

Portland, Ore.
National
10231 N. E. Halsey Street
Multnomah Coynty, Oregon
( P . O . Portland)

Delaware Valley Bank & Trust Co.
Southampton Branch
(Formerly Southampton State Bank)

Bristol, Pa.
Second Street Pike
Southampton, Pa.
Bucks County




Ins.non.
9- 9-5k

9- 8-5U

9-22-5U

9- l-5h

9- h-Sh

9-30-51*

9- 1-5U

9-20-5U

Ins.non.
9-13-5U

- 6 —

Name and location of banks and branches

Class
of bank

Date of

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank
Ifonongahela Branch
(Formerly First National Bank)

McKeesport, Pa.
Main & Fourth Streets
Monongahela, Pa.
Washington County

Broad Street Trust Co.
Northwestern Office
(Fbrmerly Northwestern National
Bank)

Philadelphia, Pa.
Ins.non.
Broad St. & Fairmount Ave.
Philadelphia, Pa.
Philadelphia County

Upper Darby National Bank
Glendale Road Drive-In Office
(De novo)

Upper Darby, Pa.
32 Glendale Road
Upper Darby, Pa.
Delaware County

National

South Carolina National Bank
Mt. Pleasant Branch
. (De novo)

Charleston, S , C.
Mt. Pleasant, S. C,
Charleston County

National

Farmers Bank
Mauldin Branch
(De novo)

Simpsonville, S. C.
Mauldin, S. C.
Greenville County

Ins.non.

Kingsport National Bank
Eastman Road Branch
(De novo)

Kingsport, Tenn.
1102 Eastman Road
Kingsport, Tenn.
Sullivan County

National

First & Merchants National Bank
Kent Street Branch
(De novo)

Radford, 7a.
First & Kent Streets
Radford, 7a.
Independent City

National

Campbell County Bank
AltaVista Branch
(De novo)

Rustburg, 7a.
AltaVista, 7a.
Campbell County

Ins.non.

National
9- l-5k

9-13-Sk

9-1U-5U

9-30-5h

9- 9-Sh

9-23-Sh

9-27-5U

9- 7-5U

Branches acquired by absorption or purchase
Broad Street Trust Co.
Acquired through merger and will
operate the 2 branches formerly
operated by Northwestern National
Bank.




Philadelphia, Pa.

Ins.non.

9-13-51*

I

i

i.

&

- 7

Name and location of banks and branches

Class
of bank

Date of
change

Branches discontinued
First National Bank
Farmers Branch

Mercer, Pa.
National
North Pitt & North Diamond
Streets

Peoples Bank & Trust Co.
Main Street Branch

Chase City, Va.
159 Main Street

9- 7-5U

Member
9- 9-51

Changes in name or location of branches
American Trust Co.
Third-Palou Office
Moved from
Moved to
and renamed
Third-Revere Office
Gilroy Branch
Moved from
Moved to
Bank of America, N.T. & S.A.
Atascadero Branch
Moved from
Moved to

San Francisco, Calif.

Member
9-13-54

1*900 Third Street
5048 Third Street

Gilroy, Calif.
96 North Monterey Street
100 North Monterey Street
National
San Francisco, Calif,
Atascadero, Calif.
Palma Avenue & Traffic Way
5895 Traffic Way

9-27-54

9-20-54

Colton Branch
Moved from
Moved to

Colton, Calif.
204 North Eighth Street
395 North Eighth Street

9-13-54

El Cerrito Branch
Moved from
Moved to

El Cerrito, Calif.
10393 San Pablo Avenue
10422 San Pablo Avenue

9-13-54

Wilshir e-Dunsmuir Branch
Moved from
Moved to
and renamed
Wilshir e-Burnside Branch

Los Angeles, Calif.
5501 Wilshire Blvd.
5527 Wilshire Blvd.

9-20-54

Santa Rosa Branch
Moved from

Santa Rosa, Calif.
Exchange Ave. between
3rd and 4th Streets
637 Fourth Street

9-27-54

Saratoga, Calif.
Big Basin Way
14476 Big Basin Way

9-13-54

Moved to
Saratoga Branch
Moved from
Moved to




- 8 -

Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or location of branches (Qont*d)
First National Bank
Union & Russell Branch
Moved from
Moved to
and renamed
Union S Graham Branch
t

Portland, Ore.

Union Bank of Michigan
East Town Branch
Moved from
Moved to

Grand Rapids, Mich.

National City Bank
Euclid-57th Branch
Moved from
Moved to
and renamed
Chester-ltOth Branch

Cleveland, Ohio

Security-Peoples Trust Co.
Central Branch
Name changed to —
Eighteenth Street Branch

Erie, Pa.
1727 State Street




National
9-ll-5h

2Shh N . E. Union Avenue
2737 N. E. Union Avenue

Member
9-20-51*

ll*56 Lake Drive, S. E.
11*35 Wealthy Street, S . E.
National
9-27-54
5701 Euclid Avenue
Ii005 Chester Avenue

Member
8-10-51*