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.yv^ . F '' R. COKFIDSNTlftiP I®I&3J01fPI CATION IS DERIVED LARGELY FROM SECONDARY SOURCES. * NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. BOARD OF GOVEIKORS OF THE FEDERAL RESERVE SYSTEM October 17, l$Sl L.4.5 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING SEPTEMBER I96I Name and location of hanks and branches Class of bank Date of change New tanks (Except successions and conversions) Arkansas Valley Bank Dardanelle, Ark. Yell County Ins. non. 9-20-61 Port Charlotte Bank Port Charlotte, Fla. Charlotte County Ins. non. 9-19-61 Shrewsbury Bank & Trust Co. Shrewsbury, Mass. Worcester County Ins. non. 9-15-61 County National Bank Mineola, N. Y. Nassau County • National 9-27-61 Central Bank & Trust Co. Farmers Branch, Tex. Dallas County Ins. non. 9-15-61 Northwestern Commercial Bank Bellingham, Wash. Whatcom County Ins. non. 9-11-61 Ins. non. 9- 8-6l National 9- 5-61 Suspension Ochlochnee, Ga. Bank of Ochlochnee Consolidations, absorptions, etc. City National Bank & Trust Co. Chicago, 111. Continental Illinois National Bank & Trust Co. Chicago, 111. Merged under charter and title of — Continental' Illinois National Bank & Trust Co. Chicago, 111. Commercial Bank Peoples State Bank & Trust Co. Merged under charter of Commercial Bank and title of -Peoples Commercial Bank Winchester, Ky. Winchester, Ky. Winchester, Ky. National National Ins. non. Ins. non. 9- 5-61 -2- Name and location of banks and "branches Clabs of bank Date of change Consolidations, absorptions, etc. (Cont'd) Bank of Orrick Citizens Exchange Bank Merged under charter and title of — Bank of Orrick Orrick, Mo. Orrick, Mo. National Bank of Commerce First Trust Company Consolidated under charter of National Bank of Commerce and title of — National Bank of Commerce Trust and Savings Association Lincoln, Nebr. Lincoln, Nebr. State Bank of AlbanyFort Plain National Bank Merged under charter and title of — State Bank of Albany Albany, N. Y. Fort Plain, N. Y. Manufacturers Trust Co. Hanover Bank Merged under charter of Manufacturers Trust Co. and title of — Manufacturers Hanover Trust Co. New York, N. Y. New York, N. Y. Citizens Savings Bank Co. Absorbed by -Central National Bank Cambridge, Ohio Fredonia National Panic Absorbed by — First National Bank Fredonia, Pa. National Mercer, Pa. National Ins. non. Ins. non. 9-16-61 National Nonins. 9-11-61 Orrick, Mo. Lincoln, Nebr. National Member National 9-25-61 Member Member 9-11-61 Albany, N. Y. New York, N. Y. Cambridge, Ohio Member Ins. non. 9- 5-61 National 9- 5-61 Withdrawals of State banks from Federal Reserve membership Home State Bank Royal, Iowa Insurance continued 9- 1-61 Webster Groves Trust Co. Webster Groves, Mo. Insurance continued 9-26-61 -3and location of banks and branches Class of bank Date of change Change in title or location of banks Commonwealth State Bank Title changed to — Security Bank of Boulder Boulder, Colo. Nonins. 9-15-61 Forsyth State Bank Title changed to — First State Bank Forsyth, Mont. Ins. non. 9-22-61 Bank of Big Island Title changed to — Bank of Bedford, Inc. Big Island, Va. Ins. non. 9-13-61 Branches established de novo (includes branches at military and other Government establishments) The Arizona Bank Chris-Town Office 1944 West Bethany Home Road Phoenix, Ariz. Phoenix, Ariz. Maricopa County Ins. non. Valley National Bank Kearny Office 318 Alden Road Phoenix, Ariz. Kearny, Ariz. Pinal County National Worthen Bank & Trust Co. East Roosevelt Office East Roosevelt Road & Confederate Boulevard Little Rock, Ark. Little Rock, Ark. Member Citizens National Bank Pacific Coast HighvayCrenshaw Office 2599 Pacific Coast Highway Los Angeles, Calif. Union Bank . Santa Monica Bay Cities Regional Head Office 2440 Wilshire Boulevard Los Angeles, Calif. Bank of America, N.T. & S.A. Sweetwater-Jamacha Branch 491 Sweetwater Road San Francisco, Calif. National San Diego County* ftei&f. (P.O. Spring Valley) 9-11-61 9- 5-61 9-18-61 Pulaski County National Torrance, Calif. Los Angeles County 9-22-61 Member Santa Monica, Calif. Los Angeles County 9-11-61 9- 8-6l Citrus Heights Branch 7965 Auburn Boulevard Sacramento County, Calif. (P.O. Citrus Heights) 9- 8-6l Sunland Branch 8362 Foothill Boulevard Sunland, Calif. Los Angeles County 9-l4-6l 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) Bank of California, N.A. Watsonville Office 359 Main Street San Francisco, Calif. Watsonville, Calif. Santa Cruz County National Crocker-Anglo National Bank Skyline Plaza Office 80 Skyline Plaza San Francisco, Calif. Daly City, Calif. San Mateo County National New Britain Trust Co. Berlin Branch Webster Square Shopping Center New Britain, Conn. Berlin, Conn. Hartford County Ins. non. National Savings & Trust Co. 20th 8 K Street Office $ 1925 K Street Washington, D. C. Washington, D. C. Member First National Bank Merchandise Mart Branch 240 Peachtree Street, N. E. Atlanta, Ga. Atlanta, Ga. Fulton County National Manufacturers National Bank Manufacturers National Drive-In 28 Greenville Street Newnan, Ga. Newnan, Ga. Coweta County National Twin Falls Bank & Trust Co. Blue Lakes Branch 1325 Filer Avenue East Twin Falls, Idaho Twin Falls, Idaho Twin Falls County Member Madison Bank & Trust Co. Jefferson Street Branch 415-419 Jefferson Street Madison, Ind. Madison, Ind. Jefferson County Ins. non. Bank of Reynolds Chalmers Branch Reynolds, Ind. Chalmers, Ind. White County Member Emmet County State Bank 501 First Avenue, North Estherville, Iowa Estherville, Iowa Emmet County Ins. non. Slater State Bank Huxley Branch Slater, Iowa Huxley, Iowa Story County Ins. non. Citizens Bank South Mayo Trail Branch U. S. Highways 23 & 460 Pikeville, Ky. Pikeville, Ky. Pike County Ins. non. 9- 8-61 9-18-61 9- 9-61 9- 5-61 9-25-61 4-29-61 9-25-61 9-22-61 9-l8-6l 9-20-61 9- 1-61 9- 1-61 -5Name 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) First national Bank Southern Avenue Branch 35^0 Southern Avenue Shreveport, La. Shreveport, La. Cadcb Parish . Louisiana Bank & Trust Co. Shreve City Branch 1203 Shreve City Shreveport, La. Shreveport, La. Caddo Parish National 9-28-61 9-28-61 First Manufacturers National Bank of Lewiston and Auburn Sabattus Street Office . Sabattus Street Lewiston, Me. Lewiston, Me. Androscoggin County Savings Bank of Baltimore /Towson Office 105 Chesapeake Avenue Baltimore, Md. Towson, Md. Baltimore County Western Maryland Trust Co. Monocacy Village Branch East and East 9th Streets Frederick, Md. Frederick, Md. Frederick County Ins. non. I#nn Institution for Savings Boston Street Branch 134 Boston Street Lynn, Mass. Lynn, Mass. . Essex County Nonins. First National Maplewood Office 670 Salem Street Maiden, Mass. Maiden, Mass. Middlesex County National Randolph Savings Bank Holbrook Branch . South Franklin & Snell Streets Randolph, Mass. Holbrook, Mass. Norfolk County Third National Bank & Trust Co. Agawam Office 705 Main Street Springfield, Mass. Agawam, Mass. Hamden County National 9-13-61 9- 5-61 9- 1-61 9-13-61 9-25-61 9-11-61 National 9-18-61 Valley Bank & Trust Co. Eastern States Exposition Springfield, Mass. Member West Springfield, Mass. 9-16-61 Hampden County (A seasonal agency opened from September Id through September 24, 1961.) Union Market National Bank Nichols Avenue Branch 36 Nichbls Avenue Watertown, Mass. Watertown, Mass. Middlesex County National 9-11-61 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) Member Central Bank Boston Square Office 1554 Kalamazoo Avenue, S. E. Grand Rapids, Mich. Grand Rapids, Mich. Kent County Old Kent Bank & Trust Co. 1974 Breton Road, S. E. Grand Rapids, Mich. Grand Rapids, Mich. Kent County Commercial State Savings Bank 208 South Franklin Street Greenville, Mich. Greenville, Mich. Montcalm County Member First National Bank Highland Branch 1241 East Northside Drive Jackson, Miss. Jackson, Miss. Hinds County National 9- 5-61 9- 5-61 9-19-61 9- 1-61 Commercial National Bank & Trust Co. Laurel, Miss. North Magnolia Branch Laurel, Miss. 427 North Magnolia Street Jones County National Linwood State Bank Motor Bank 34th & Gillham Plaza Kansas City, Mo. Kansas City, Mo. Jackson County Ins. non. First National Bank Auto Banking Branch 324 Felix Street St. Joseph, Mo. St. Joseph, Mo. Buchanan County National Maplewood Bank & Trust Co. Parker-Irvington Office 709 Irvington Avenue Maplewood, N. J. Maplewood, N. J. Essex County National Newark & Essex Banking Co. Bloomfield Auto Bank 58 Park Street Newark, N. J. Bloomfield, N. J. Essex County National Manufacturers & Traders Trust Co. Aurora Village Shopping Center Branch Buffalo, N. Y. Member Bank of Huntington East Northport Branch 385 Larkfield Road Huntington, N. Y. East Northport, N. Y. Suffolk County 9-25-61 9-11-61 4-21-61 9-18-61 9-16-61 East Aurora, N. Y. Erie County 9-11-61 Member 9-H-6I -rid Name and location of banks ai branches Class of bank Date of change Branches established de novo (Cont'd) (includes branches at military and other Government establishments) Franklin National Bank of Long Island West Hempstead Office 192 Hempstead Turnpike Mineola, N. Y. West Hempstead, N. Y. Nassau County National 9-23-61 First Westchester National Bank New Rochelle, N. Y. Westchester Avenue Drive-In Office Port Chester, N. Y. 500 Westchester Avenue Westchester County National Chase Manhattan Bank 22 Grace Avenue New York, N. Y. Great Neck Plaza, N. Y. Nassau County Member Lincoln Savings Bank Plainview Branch 404 Woodbury Road New York (Brooklyn),N. Y. Plainview, N. Y. Onondaga County 9-28-61 The Manhattan Savings Bank Mount Kisco Branch 50 Main Street New York, N. Y. Mount Kisco, N. Y. Westchester County 9-14-61 Manufacturers Hanover Trust Co. East 43rd Street Office 685 Third Avenue New York, N. Y. New York, N. Y. Borough of Manhattan Meadow Brook National Bank Merrick Auto Bank 2020 Merrick Road New York, N. Y. Merrick, N. Y. Nassau County The Savings Bank of Utica New Hartford Office 120-126 Genesee Street Utica, N. Y. New Hartford, N. Y. Oneida County Ins. non. National Bank of Westchester Jefferson Valley Office Route 6 & Lee Boulevard White Plains, N. Y. Jefferson Valley, N. Y. Westchester County National Bank of Chapel Hill Eastgate Shopping Center Branch Eastgate Shopping Center Chapel Hill, N. C. Chapel Hill, N. C. Orange County North Carolina National Bank Carolina Star Branch 3275 Shorefair Drive, N. W. Charlotte, N. C. Winston-Salem, N. C. Forsyth County Trade Street. Branch 723 North Trade Street Big Winston Branch 929 North Liberty Street Digitized (Seasonal branches to be operated for FRASER 9-29-61 9-30-61 Member 9-25-61 9-l8-6l 9-25-61 9- 8-61 9-29-61 National Winston-Salem, N. C. Forsyth County Winston-Salem, N. C. Forsyth County during the tobacco marketing season.) 9-12-61 9-12-61 9-12-61 Name and location of "banks and branches Class of bank I Date of |change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Bank of Granite Hudson Branch Main Street Granite Falls, N. C. Hudson, I . C. I Caldwell County First National Bank East Branch 7 H East Marion Street Shelby, N. C. Shelby, N. C. Cleveland County National First-Citizens Bank & Trust Co. Cotswald Branch 4325 Randolph Road Smithfield, N. C. Charlotte, N. C. Mecklenburg County Ins. non. Wilkinson Boulevard Branch 2480 Wilkinson Blvd. 9- 6-61 9-13-61 Charlotte, N. C. Mecklenburg County Wachovia Bank & Trust Co. Tryon Street Office 316-320 South Tryon Street 9- 1-61 Winston-Salem, N. C. Charlotte, N. C. Mecklenburg County Taylor's Warehouse Branch Taylor's Warehouse 9-13-61 9-14-61 Winston-Salem, N. C. Forsyth County 9-12-61 (Seasonal branch to be operated only during tobacco marketing season which ends about December 31.) First National Bank Fairlawn Village Office 2700 West Market Street Akron, Ohio Fairlawn, Ohio (P.O. Akron) Summit County National Continental Bank Euclid-Forest Hills Branch 1825 Forest Hills Blvd. Cleveland, Ohio East Cleveland, Ohio Cuyahoga County Ins. non. Citizens Banking Company Country Charm Branch Louisiana Avenue & West South Boundary Road Perrysburg, Ohio Perrysburg, Ohio Member First National Bank & Trust Co. Motor Bank Branch 200 East 12th Street Ada, Okla. Ada, Okla. Pontotoc County Durant National Bank & Trust Co. Motor Bank Branch 119 North Fourth Street Durant, Okla. Durant, Okla. Bryan County 9-12-61 9-30-61 9-18-61 Wood County National 9-11-61 9-25-61 -9Name 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) United States National Ban]; North Medfora Branch 320 Ohio Street 67th & Glisan Branch 6701 N. E. Glisan Street Portland, Ore. Medford, Ore.. Jackson County National 9- 1-61 9- 8-61 Portland, Ore. Multnomah County Lehigh Valley Trust Co. West Branch 17th & Chew Streets Allentown, Pa. Allentown, Pa. Lehigh County Ins. non. Fidelity-Philadelphia Trust Co. Olney Avenue & Fairhi11 Street Philadelphia, Pa. Philadelphia, Pa. Philadelphia County Member Philadelphia, Pa. Plymouth Township, Pa. Montgomery County Member Philadelphia, Pa. Ins. non. First Pennsylvania Banking & Trust Co. 202 West Ridge Pike < Philadelphia Savings Fund Society Knights Road.Shopping Center Branch Knights Road & Byberry Road Logan Square Shopping Center Johnson Highway & Markley St. 9-11-61 9-18-61 9-29-61 Philadelphia, Pa. Philadelphia County 9-28-61 Norristown, Pa. Montgomery County 9- 7-61 Bank of Commerce Chapin Branch Main St. & Old Columbia Road Prosperity, S. C. Chapin, S. C. Lexington County Commercial Bank & Trust Co. East Wood Street Branch 914 East Wood Street Paris, Tenn. Paris, Tenn. Henry County First National Bank Surgoinsville Branch Rogersville, Tenn. Surgoinsville, Tenn. Hawkins County State Bank & Trust Co. Abbeville Branch 310 South Main Street Greenwood, S. C. Abbeville, S. C. Abbeville County 9-15-6: Rushmore State Bank Downtown Branch 529 Main Street Rapid' City, S. D. Rapid City, S. D. Pennington County 9-18-6. Ins. non. 9-12-63 9- 8-6: National 9- 5-6: Name and location of "banks and "branches Class of tank Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Burke & Herbert Bank & Trust Co. Duke Street Branch 1828 Duke Street Alexandria, Va. Alexandria, Va. Independent City Bank of Bedford, Inc. North Bridge Street Branch 203 North Bridge Street Big Island, Va. Bedford, Va. Bedford County American National Bank & Trust Co. Nor-Dan Branch 291 Nor-Dan Drive Danville, Va. Danville, Va. Independent City National Mount Vernon Bank & Trust Co. Rose Hill Branch Franconia Road & Rose Hill Drive Fairfax County, Va. Fairfax County, Va. (P.O. Alexandria) Ins. non. First National Bank of Martinsville & Henry County Druid Hills Office 1105 Spruce Street Martinsville, Va. Martinsville, Va. Independent City First National Exchange Bank Towers Branch 2219 Colonial Avenue, S.W. Roanoke, Va. Roanoke, Va. Independent City Vienna Trust Company Great Falls Office Route 193 and 681 Vienna, Va. Great Falls, Va. Fairfax County National Bank of Commerce Madison Park Branch 4112 East Madison Street Seattle, Wash. Seattle, Wash. King County Ins. non. 9-25-61 9-18-61 9-20-61 9-25-61 9-19-61 National 9-14-61 9-23-61 National 9-25-61 Temporary branch opened United California Bank Fair Grounds Office Los Angeles, Calif. Pomona, Calif. Los Angeles County Member 9-l4-6l ^ Branch opened and closed during month Public Bank State Fair Grounds Branch Michigan State Fair Grounds Detroit, Mich. Detroit, Mich. Wayne County Ins. non. (This branch was in operation September 1, 1961 through September 10, 1961) -11- Narae and location of banhs and "branches Class of tank Date of change Banks converted into branches (See also consolidations, absorptions, etc.) Peoples Commercial Bank Peoples Branch (Formerly Peoples State Bank & Trust Co.) Winchester, Ky. Winchester, Ky. Ins. no; State Bank of AlbanyPort Plain Branch (Formerly Fort Plain National Bank) Albany, N. Y. Fort Plain, N. Y. Manufacturers Hanover Trust Co. New York, N. Y. New York, N. Y. . Borough of Manhattan Member Central National Bank Citizens Branch 7^1 Wheeling Avenue (Formerly Citizens Savings Bank Co.) Cambridge, Ohio Cambridge, Ohio Guernsey County National First National Bank Fredonia Branch (Formerly Fredonia National Bank) Mercer, Pa. Fredonia, Pa. Mercer County - National 9- 5-61 Clark County Member 9-25-61 Montgomery County 70 Broadway (Formerly The Hanover Bank) 9-11-61 9- 5-6l 9- 5-61 Branches acquired by consolidation, absorptions, etc. Manufacturers Hanover Trust Co. Acquired through merger and will operate the nine branches formerly operated by Hanover Bank, New York, in the Borough of Manhattan. New York, N. Y. 9-11-61 Branch discontinued Springfield Savings Society Drive-In Branch Springfield, Ohio Ins. non. 9-12-61 15 North Fountain Avenue Springfield, Ohio Changes in title or location of branches Security-First National Bank Hanford Branch Moved from Moved to National Los Angeles, Calif. Hanford, Calif. 101 West Seventh Street 225 West Seventh Street 9-18-61 -12- Name and location of banks and branches Class of bank Date of change Changes in name or location of branches (Cont'd) San Francisco, Calif. Member Santa Clara, Calif. 65 Santa Clara-Los Gatos Road, Santa Clara County 65 Santa Clara-Los Gatos Road, Changed to San Jose (Annexation of area by City of San Jose) Wells Fargo Bank American Tr. Co Stevens Creek Office Changed from First National Bank of Hawaii Wahiawa Branch Moved from Moved to First National Bank South End Office Moved from Moved to Honolulu, Hawaii Wahiawa, Hawaii California Avenue & Westervelt Street 730 California Avenue National 9-15-61 National Boston, Mass. Boston, Mass. 1199 Washington Street 160 Dover Street Warren, Mich. Warren Bank Warren, Mich. Van Dyke & Vermont Office 27248 Van Dyke Avenue Moved from 21532 Van Dyke Avenue Moved to (Branch in former location of head office which moved to 27248 Van Dyke Avenue.) First Citizens Bank & Trust Co. Spring Hope Branch Moved from Moved to i-l8-6l 9-25-61 Smithfield, N. C. Ins. no: Spring Hope, N. C. 106 South Railroad St. 101 North Pine St. Salt Lake City, Utah Member (P.O. Salt Lake City, Utah) 1625 West North Temple (P.O. Salt Lake City) 1625 West North Temple, Changed to Salt Lake City (Annexation of area by Salt Lake City) Walker Bank & Trust Co. Redwood-North Temple Office Changed from Old Dominion National Bank of Fairfax County Springfield Office Moved from Moved to Annandale, Va. National Springfield, Va. 6829 Springfield Plaza 6839 Springfield Plaza Peoples National Bank University Office Moved from Moved to Charlottesville, Va. Charlottesville, Va. 1414 West Main Street 1619 West Main Street 9- 1-61 9-16-61 9- 1-61 9- 9-6l National 9- l-6l -13Class of bank Name and location of banks and "branches Date of change Changes in name or location of branches (Cont'd) Old National Bank Shadle Park Branch Moved from Moved to and renamed Shadle Center Branch Spokane, Wash.. National Spokane, Wash. West 1704 Wellesley Avenue 227 Shadle Center 9-11-61 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Bank of Hawaii Wake Island Banking Facility Honolulu, Hawaii Wake Island Ins. non. First National Bank Auxiliary Landing Field Facility Honolulu, Hawaii Bonham (Kauai), Hawaii National 9-18-61 8-31-61 Facility discontinued Farmers National Bank Limited Banking Facility Sparta, Wise. Camp McCoy, Wise. Monroe County National 9- l-6l Facility acquired by consolidation, absorption, etc. South Carolina National Bank Charleston, S. C. Acquired through merger and will operate the Myrtle Beach Air Force Base Facility, Myrtle Beach, formerly operated by First National Bank, Myrtle Beach. National 8-28-61