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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 ,