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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