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CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM u . 5 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING AUGUST 19^8 Name and l o c a t i o n of banks and branches Class of bank Date of change New banks (except s u c c e s s i o n s and conversions) Peoples National Bank Gulf Beach Bank J a r r e t t Bank (Unincorporated bank) Farmers S t a t e Bank National Bank of Petersburg Eagle Grove National Bank Peoples S t a t e Bank Grove S t a t e Bank T e r r e l l S t a t e Bank Jonesboro, Ark. S t . Petersburg Beach, Fla. Boston, Ga. National 8-16-1$ I n s . nonmem. Uoninsured 7-29-UB 7 - -1+8 Dahlgren, 111. 1 P e t e r s b u r g , 111. Eagle Grove, Iowa A r t e s i a , Mew Hex. D a l l a s , Texas T e r r e l l , Texas I n s . nonmem. National National Member I n s ; nonmem; I n s . nonmem. 8-21-1$ 8—2—1)8 8-II4.-U8 8—2—1)8 8-21-1+8 Noninsured 8-16-1+8 8—I4.—I4B Successions and conversions Lamar Cash Depository Converted to— C a r o l i n a Bank & Trust Co . Lamar, S . C. Lamar, S. C. DiS. nonmem. Voluntary Liquidations S c h i r d i n g S t a t e Bank P e t e r s b u r g , 111. Member 8—2—1+8 Member 8—2—1+8 Consolidations, absorptions, e t c . Colp.no County Bank Absorbed b y American Trust Co. Fairfield, Calif. L i b e r t y N a t i o n a l Bank Absorbed b y Hudson County N a t i o n a l Bank Gutteriberg, N. J . Manufacturers Bank Absorbed b y National C i t y Bank Cohoes, N. Y. San F r a n c i s c o , C a l i f . J e r s e y C i t y , N. J . Troy, N. Y. Member National 8—2—1)8 National Member National 8-16-1)8 - 2 - Name and l o c a t i o n of banks and b r a n c h e s Consolidations, absorptions, etc* N a t i o n a l Bank of C h a r l e r o i & T r u s t Co. ' Logan N a t i o n a l Bank & Tr* Co. These two banks were absorbed b y Mellon N a t i o n a l Bank & T r u s t Co. National National Pittsburgh, Pa. National Burlington, Vt. Date of change Cont'd Charleroi, Pa. New K e n s i n g t o n , Pa. B u r l i n g t o n , Vt* Home Savings Bank Absorbed b y B u r l i n g t o n Savings Bank C l a s s of bank I n s . nonmem. 8-23-1+8 0-2-1+8 6-25-1+8 I n s . nonmem. Admissions of S t a t e banks t o F e d e r a l R e s e r v e Membership Waddington Bank k s t a m o r a S t a t e Bank Waddington, N. Y. Metamora, Ohio I n s ; nonmem; I n s . nonmem* 8-16-1+8 8-16-1+8 Ins* nonmem* 8-30-1+8 I n s . nonmem* 8-12-1+8 Changes i n name o r l o c a t i o n S e c u r i t y S t a t e Bank Name and l o c a t i o n changed t o — S e c u r i t y Bank Opdyke, 111. Mt. V e r n o n , 111. F a y e t t e v i l l e I n d u s t r i a l Bank F a y e t t e v i l l e , II* C* Name changed t o — Commercial and I n d u s t r i a l Bank Branches e s t a b l i s h e d ( e x c l u d i n g o f f i c e s a,t m i l i t a r y r e s e r v a t i o n s b u t i n c l u d i n g banks c o n v e r t e d i n t o b r a n c h e s ) TJrton N a t i o n a l Bank Raymond-Colorado Branch (De novo) Pasadena, C a l i f . 85 E a s t Colorado S t . American T r u s t Co* San F r a n c i s c o , C a l i f . " F a i r f i e l d Branch Texas & Webster S t s . ( F o r m e r l y Solano County Bank) Fairfield, Calif.j I n d i a n a N a t i o n a l Bank E a s t New York S t r e e t Branch (De novo) Indianapolis, Ind. ; 3000 E a s t New York S t . 8 - 2 1+8 Member 8-2-1+8 8-9-1+8 Name and l o c a t i o n of "banks and branches C l a s s of bank Date of change Branches e s t a b l i s h e d - Cont f d . ( e x c l u d i n g o f f i c e s a t m i l i t a r y r e s e r v a t i o n s but i n cluding banks converted i n t o branches) Newton Savings Bank Needham Branch (De novo) Newton, Mass* 133 Chapel S t r e e t Needham* Mass. Hudson County National Bank J e r s e y C i t y , N. J* Gutteriberg Branch 6727 Bergenline Ave* (Formerly Liberty N a t f l Bank) Guttenberg, N* J* Lincoln Rochester Trust Co* Ridge Road Branch •(De novo) Rochester, N* Y* 535 Ridge Road West National C i t y Bank Troy, N* Y* Cohoes Branch 91 Remsen S t r e e t (Formerly Manufacturers Bank) Cohoes, N* Y* Noninsured National 8-2h-UB National Berea, Ohio Pearl Road S t r o n g s v i l l e , Ohio I n s . nonmem. Peoples Bank North Main Branch (De novo) Dayton, Ohio 3222 North Main S t . Member B u t l e r Savings & Trust Co. East Brady Branch (De novo) B u t l e r , Pa* East Brady, Pa. I n s . nonmem. Mellon National Bank & Tr. Co* Charleroi Branch (Formerly National Bank of Charleroi & Trust Co.) Pittsburgh, Pa.1 C h a r l e r o i , Pa. National Commerce Union Bank 17th and Church O f f i c e (De novo) 8—16—Zj.8 8-5-1*8 8-9-U8 8-2-I48 8-23-U8 8—2—148 New Kensington, Pa. N a s h v i l l e , Tenn. 1632 Church S t r e e t 8-2-1+8 Member Commercial & Savings Bank S t r o n g s v i l l e Branch (De novo) New Kensington Branch (Formerly Logan National Bank • & Trust Co.) 8-6-1(5 Member 7-20-48 - b • Name and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Branches e s t a b l i s h e d - C o n t ' d (excluding o f f i c e s a t m i l i t a r y reservations but i n c l u d i n g banks c o n v e r t e d i n t o b r a n c h e s ) Bank of V i r g i n i a Hull S t r e e t Branch (De novo) Richmond, V a , 1618-20 H u l l S t r e e t Tfest Broad S t . Branch (De novo) I n s . nonmem. Broad & Boulevard S t s . 6-16-1+8 8-5-1+8 Branches d i s c o n t i n u e d ! F i r s t S t a t e Bank Corwith Branch B r i t t , Iowa C o r w i t h , Iowa I n s . nonmem. 7-17-i48 Branches or o f f i c e s a t m i l i t a r y r e s e r v a t i o n s d i s c o n t i n u e d F i r s t N a t i o n a l Bank and Temple N a t i o n a l Bank Camp Hood Temple, Texas j Camp Hood, Texa^ National 8—31—1+8 Changes i n name o r l o c a t i o n of b r a n c h e s V a l l e y N a t i o n a l Bank Glendale Branch Moved f r o m Moved t o Phoenix, Ariz. National Glendale, Ariz.) 12 South F i r s t Ave. 301 E a s t Glenjlale Ave, S e c u r i t y - F i r s t N a t i o n a l Bank V e n t u r a - S e p u l v e d a Branch Moved f r o m Moved t o Los A n g e l e s , C a l i f , Sherman Oaks, C j a l i f , I5165 V e n t u r a Bilvd# 15155 V e n t u r a Bjlvd. National Bank of America, N. T. & S . A. TJkiah Branch Moved f r o m Moved t o San F r a n c i s c o , C a l i f . TJkiah, C a l i f , j 102 No; School jSt; 175 S o . School j s t , National Tfest A r c a d i a Branch Moved f r o m Moved t o Idaho F i r s t N a t i o n a l Bank Meridian Branch Moved from Moved t o 8-2—1+8 8-9-1+8 A r c a d i a , C a l i f «j Baldwin "Ave. & jDuarte Rd. 123U So, Baldwin Ave, B o i s e , Idaho ; National M e r i d i a n , Idaho Second. & Broadway 208-210 E a s t I<kaho Ave, 8-23-1+8 8-30-1+8 7-19-W - 5 Name and l o c a t i o n of banks and b r a n c h e s C l a s s of bank Date of change Changes i n name o r l o c a t i o n of b r a n c h e s - C o n t ' d Merchants N a t i o n a l Bank M a s s a c h u s e t t s Avenue Branch Moved f r o m Maved t o I n d i a n a p o l i s , Ind* Food D e a l e r s I n d u s t r i a l Bank Branch Moved f r o m Ifoved t o and named Montague S t r e e t O f f i c e B r o o k l y n , N. Y* F i r s t & Merchants N a t i o n a l Bank Broad S t r e e t Branch Moved f r o m Moved t o Richmond, 7a* National 8-6-1*8 815-817 Massachusetts'Ave. 811 Massachusetts Ave* Ins* nonmem. 8-23-148 U612 - 13th Avenue 156 Montague S t r e e t National 8—10—14.8 2509 West Broad S t ; 2601 West Broad S t ,