The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
a5 DEPARTMENT <S- CONFIDENTIAL |j iruDLHAl H: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSi?E&- L.h.5 THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. October 19, 19l*9 NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING SEPTEMBER 19l*9 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Southern Commercial & Savings Bank East Pasadena, Calif. Rocky Ford, Colo. Empire State Bank Tallahassee, Fla. Tallahassee State Bank Industrial Trust & Savings Bank Muncie, Ind. Oresham, Ore. Oresham State Bank Edna, Texas First National Bank San Antonio, Texas West Side State Bank Member Ins, nonmem, Ins. nonmem. Ins. nonmem. Ins. nonmem. National Ins, nonmem. 9-17-1*9 9-12-1*9 9-l-k9 9-6-49 9-10-49 9-17-U9 9-8-1*9 National 9-1-1*9 Successions and conversions First National Bank Succeeded b y First State Bank (Merged on same date with Central Valley Bank of California; see "Absorptions" .) Richmond, Calif, Capitol National Bank & Tr. Co. Succeeded b y — Capitol State Bank & Tr. Co. Hartford, Conn. Farmers & Merchants Bank Converted t o — Farmers & Merchants Nat'l Bank Blacksburg, Va. Richmond, Calif, Hartford, Conn. Blacksburg, Va. Member National 9-20-49 Ins, nonmem. Member 9-1-1*9 National Consolidations, absorptions, etc. Central Valley Bank of California Escalon, Calif. Bank of Hughson Hughson, Calif. First State Bank Richmond, Calif, These three banks merged under charter and title o f — Central Valley Bank of California and head office moved from Escalon to Richmond. Member Ins. nonmem. Member 9-1-1*9 First National Bank Absorbed b y — Hinckley State Bank National 9-17-1*9 Hinckley, 111, Hinckley, 111. Ins. nonmem. — 2 - Name and location of banks and branches Class of bank Date of change Consolidations, absorptions, etc, - Cont1d -Fulton Trust Company New York Trust Company These two banks merged under charter and title of— New York Trust Company New York, N. Y» New York, N. Y, New York, N. Y, Member Member 9-6-U9 Member Admissions of State banks to Federal Reserve Membership Fishermen & Merchants Bank Central Valley Bank of California (Head office moved on same date from Escalon, California; see "Absorptions",) Bank of Philadelphia First State Bank Los Angeles (San Pedro), Calif. Ins, nonmem, Richmond, Calif, Ins, nonmem. Philadelphia, N, Y, Gilby, N, Dak, 9-6-U9 9-1-U9 Ins, nonmem. Ins, nonmem. 9- 1 W 9 9-30-U9 Changes in name or location First Security National Bank Name changed to— First National Bank Willmar, Minn, National 9-15-U9 Newhebron State Bank Name changed to— Lawrence County Bank Newhebron, Miss, Ins. nonmem. 8- Other changes Pennsylvania Railroad Employes Mutual Provident & Loan Association Philadelphia, Pa. (Board's records have been changed to include this institution as a "private bank". A certificate of authorization to operate as a private bank was issued on March 7, 19U9—as of December 30, 1933—and on June 29, 19h9 it was chartered as an "Employees Mutual Banking Association" under Act No. 372 approved May 12, 19U9.) Noninsured *»li9 - 3Name and location of banks and branches Class of bank Date of change Branches established (excluding offices at military reservations but including banks converted into branches) First National Bank Eloy Branch (De novo) Phoenix, Ariz, Eloy, Ariz. National Central Valley Bank of California Richmond, Calif. Escalon Branch Escalon, Calif, (De novo; formerly head office of Central Valley Bank of California, which moved from Escalon to Richmond.) 9-19-19 9-1-1*9 Hughson Branch (Formerly Bank of Hughson) Hughson, Calif. 9-1-1*9 Oakley Branch (De novo) Oakley, Calif. 9-1-1*9 Member Louisiana Savings. Bank & Tr. Co. Carrollton Branch (De novo) New Orleans, La. 3627 Carrollton Ave. Wabeek State Bank Grand River-Forrer Office (De novo) Detroit, Mich. Noninsured 15738 Grand River Ave. Merchants & Mechanics Bank Fenton Road Branch (De novo) Flint, Mich. 3701 Fenton Road Member National Bank of Wyandotte Fort Street Office (De novo) Wyandotte, Mich. 2517 Fort Street National Sussex & Merchants National Bank Lake Mohawk-Sparta Branch (De novo; replaces the previously operating Seasonal Agency.) Newton, N. J. White Deer Plaza Lake Mohawk, Sparta, N. J. National First Trust Company Colonie Branch (De novo) Albany, N. T. 1160 Central Ave. Colonie, N. f. Member 9-26-h9 8-15-1*9 9-1-U9 9-19-1*9 9-26-1*9 9-15-1*9 - hName and location of banks and branches Class of bank Date of change Branches established - Cont'd (excluding offices at military reservations but including banks converted into branches) Bank of Greensboro South Greensboro Branch (De novo) Greensboro, N. C. Greensboro, N. C, Ins# nonmem. Peoples Bank & Trust Co. North Branch (De novo) Rocky Mount, N. C, Rocky Mount, N. C. Ins. nonmem. 9-9-19 First National Bank Cincinnati, Ohio Cincinnati Union Terminal Branch 1301 Freeman Ave, (De novo) National Upper Darby National Bank Haverford Township Office (De novo) National Upper Darby, Pa. 1625 East Darby Road Havertown, Pa. 9-12-1*9 9-9-19 9-16-19 Branches or offices established at military reservations (including "banking facilities" provided through arrangements made by Treasury Department) Bank of America, N. T. & S. A. Muroc Air Force Base Facility San Francisco, Calif. Muroc, Calif, National Mellon National Bank & Trust Co. Veterans Administration Hospital Facility Pittsburgh, Pa. National Butler, Pa. 9-6-1*9 9-6-1*9 Branches acquired by absorption or purchase New York Trust Co. 1002 Madison Avenue Office (Formerly branch of Fulton Trust Company, New York, which merged with New York Trust Company.) New York, N. Y, 1002 Madison Avenue Member 9-6-1*9 Branches discontinued Ohio National Bank Trust Department Branch Columbus, Ohio 30 East Town Street National 8-7-1*9 - 5 Name and location of banks and branches Class of bank Date of change Changes in name or location of branches National Security-First National Bank Los Angeles, Calif* Carpinteria Branch Carpinteria, Calif. 102 W. Coast Highway Moved from Moved to h99h State Highway (This change is due to renaming of highway and does not represent a change in actual location. Change was reported to the Federal Reserve Bank of San Francisco on September 20, 19h9i the date on which the change occurred was not reported.) Bank of America, N. T. & S. A* Henderson and F Branch Moved from Moved to and renamed Henderson Center Branch San Francisco, Calif. Eureka, Calif. h39 Henderson Street 28Ui F Street National Chase National Bank Produce Exchange Branch Renamed Twenty-Five Broadway Branch New York, N. Y. 2$ Broadway National Seattle-First National Bank Toppenish Branch Moved from Lfoved to Seattle, Wash. National Toppenish, Wash. 101-103 East Toppenish Ave. 222 South Toppenish Ave. 9-19-U9 9-1-1*9 9-6-U9 Other branch changes Manufacturers Trust Co. New York, N. Y. Remittance Division of Foreign Department U5 Beaver Street (This branch has been deleted from Board's records, inasmuch as recent information indicates it is merely a department of the main office and should not be counted as a branch.) Member 6-30-19