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TOTS• COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCESf NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE1. CONFIDENTIAL ^ BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.i+.5 • h • : V VV,. : .: ; ,;;. SeptT 1971951 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING AUGUST 1951 Name and location of banks and branches Class of Bank Date of change New Banks (except successions and conversions) Royal Bank of Canada Trust Company New York, N. Y. Nonins. 7- 2-51 Bank of West Virginia Charleston, W. Va; Ins.non. 8-27-51 Voluntary liquidations (except incident to absorptions, successions, etc.) 8- 4-51 Primrose, Neb. First National Bank Consolidations, absorptions, etc. Stock Yards National Bank Absorbed by -Commerce Trust Company Kansas City, Mo. Bank of Berea Company Absorbed by — National City Bank Berea, Ohio Cleveland, Ohio National Parnassus National Bank Absorbed by -Mellon National Bank & Trust Co. New Kensington, Pa. National Pittsburgh, Pa. National Kansas City, Mo. National 1-51 Member Ins.non. 8-27-51 6-27-51 Withdrawal of State bank from Federal Reserve Membership Bank of New Hyde Park New Hyde Park, N. Y. Insurance continued 8-10-51 - 2 - Nome and location of banks and branches Class of Bank Date of change Changes in name or location Cromwell Dime Savings Bank Name changed to -Cromwell Savings Bank Cromwell, Conn. Nonins. 5-29-51 Fidelity Bank & Banking Company Name changed to -Fidelity Consumer Banking Company Lowell, Mass. Ins.non. 6-15-51 Stoneham Five Cents Savings Bank Name changed to — Stoneham Savings Bank Stoneham, Mass. Nonins. 8- 2-51 Montana Bank & Trust Co. Name changed to — Montana Bank Great Falls, Mont. Member 8- 1-51 Liberty State Bank & Trust Company Name changed to — Liberty State Bank Mt. Carmel, Pa. Member 8- 6-51 Potter Title & Trust Company Name changed to — Potter Bank & Trust Company Pittsburgh, Pa. Member 7-18-51 Security Bank & Trust Company Name changed t o - Security Bank Madison, S. D. Member 7-26-51 Branches established (including branches at military and other government establishments and banks converted into branches) Long Beach National Bank 59th & Atlantic Branch (De novo) Long Beach, Calif. 5869-71 Atlantic Ave. Fulton National Bank Luckie Street Office (De novo) Ponce de Leon Plaza Office (De novo) Atlanta, Ga. National 317-19 Luckie St. N.W. 1037 Ponce de Leon Ave. N.E. National 8- 1-51 8-22-51 8- 8-51 - 3 - Name and location of banks and branches Class of Bank Date of change Branches established (Cont'd) (including branches at military and other government establishments and banks converted into branches) First National Bank North Side Branch (De novo) Elkhart, Ind. 900 West Beardsley Ave. Citizens National Bank North Side Branch (De novo) Evansville, Ind. 600 Richardt Ave. Royal Bank Taylor Boulevard Branch (De novo) Louisville, Ky. Taylor Blvd. & Sale Ave. Ins.non. Louisiana Bank & Trust Company St. Charles - Jackson Branch (De novo) New Orleans, La. St. Charles & Jackson Avenues Member City Bank Michigan State Fair Grounds Branch (De novo) Detroit, Mich. Michigan State Fair Grounds Bank of New Mexico Five Points Branch (De novo) Albuquerque, N. Mex. 828 Bridge Street Guaranty Bank & Trust Company Hackney Avenue Branch (De novo) Greenville, N. C. Washington, N. C. 8-22-51 Bank of Washington Fifth Street Branch (De novo) Washington, N. C• Washington, N. C. 8-20-51 National City Bank Berea Branch (Formerly Bank of Berea Co.) Cleveland, Ohio k6 Front Street Berea, Ohio -27-51 Mellon National Bank & Trust Co. Parnassus Office (Formerly Parnassus National Bank) Pittsburgh, Pa. Fourth & Main Streets New Kensington, Pa. 1-27-51 National 8-11-51 7- 2-51 7-16-51 8-15-51 8-31-51 Ins.non. 6-3O-5I Name and location of banks and branches Class of Bank Date of change Branches established (Cont'd) (including branches at military and other government establishments and banks converted into branches) National First National Bank Tobyhanna Branch (De novo) Scranton, Pa. N.E. Corner Main & Mill Streets Tobyhanna, Pa. Industrial Trust Company Hope Street Branch (De novo) Providence, R . I . 806 Hope Street South Carolina National Bank Jackson Branch (De novo) Charleston, S. C. Atomic Energy Project Jackson, S. C. Pioneer Bank Farmers - Merchants Branch (De novo) Chattanooga, Tenn. 728 East 11th Street Ins.non. Walker Bank & Trust Company Pioneer Branch (De novo) Sugarhouse Branch (De novo) Salt Lake City, Utah 1 - 0 South Second West St. 45 Member Commercial Bank of Utah Duchesne Office (De novo) Spanish Fork, Utah Duchesne, Utah Member Piedmont Trust Bank • Drive-In Branch (De novo) Martinsville, Va. Broad Street between Church & Chestnut Sts. Member Peoples National Bank of Washington South Seattle Branch (De novo) Seattle, Wash. National 8- 1-51 8-27-51 8-10-51 8-10-51 8-28-51 21st So. & McClellan Sts. 6520 Fourth Avenue 8-30-51 8-51 8-13-51 -13-51 Name and location of banks and branches Class of Bank Date of change Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Bank of America, N.T. & S.A U. S. Naval Air Station San Francisco, Calif. San Diego, Calif. National Barnett National Bank Patrick Air Force Base Cocoa, Fla. Cocoa, Fla. National First National Bank Moody Air Force Base Valdosta, Ga. Valdosta, Ga, National Seat Pleasant Bank Bureau of Census Building Seat Pleasant, Md. Suitland, Md. Ins.non. Roswell State Bank Walker Air Force Base Roswell, N. Mex. Roswell, N. Mex. Member First Security Bank of Utah Hill Air Force Base. Ogden, Utah Hill Field, Utah National 8- 1-51 8-15-51 8-27-51 8-30-51 8-16-51 '8- 6-51 Branches acquired by absorption or purchase National City Bank North Olmsted Branch Olmsted Falls Branch Cleveland, Ohio 27712 Lorain Avenue North Olmsted, Ohio 8062 Columbia Road Olmsted Falls, Ohio (Formerly branches of Bank of Berea Co., Berea, Ohio which was absorbed by National City Bank) National 8-27-51 8-27-51 - 6 - Name and location of banks and branches Class of Bank change Changes in name or location of branches Bank of America, N.T. & 8. A. *Camarillo Branch Changed from Changed to Fulton - Fresno Branch - Moved from Moved to and renamed Fulton - Merced Branch San Francisco, Calif. Camarillo, Calif. Ventura, Blvd. near Glenn Drive 2433 Ventura Blvd. National 8-15-51 Fresno, Calif. Corner Fulton & Fresno Streets 1255 Fulton Street Colonial Trust Company Maryland Avenue Branch Moved from Moved to Wilmington, Del. Merchants National Bank South Branch Moved from Moved to New Bedford, Mass. Detroit Bank Gratiot - Westphalia Branch Moved from Moved to Detroit, Mich. 8-20-51 7-51 901 Linden Street 401-03 Maryland Avenue National 8-13-51 102? South Water Street 2 Rodney French Blvd. Member 8-27-51 12917 Gratiot Avenue 12851 Gratiot Avenue National City Bank New York, N. Y. Upper Park Branch Moved from 1230 Park Avenue Moved to 1275 Madison Avenue and renamed Ninety-First Street Branch national * This change is due to the numbering of streets and does not represent a change in the actual location. 8- 6-51