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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

-rName and location of banks aiid 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
for FRASER
branches to be operated


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, II. C.
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.

Charlotte, N. C.
Mecklenburg County

Wachovia Bank & Trust Co.
Tryon Street Office
316-320 South Tryon Street

Winston-Salem, N. C.
Charlotte, N. C.
Mecklenburg County

Taylor's Warehouse Branch
Taylor's Warehouse

9- 1-61

9- 6-61

9-13-61
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