l45_19550919

I.

F,R.CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

LU5 ^ HIS COMPILATION IS DEBITED LARGELY FROM SECONDARY SOURCES.September 19, 1955 NOT AN OFFICIAL REPORT OF CPIAI.'GES IN THE BANKING STRUCTURE CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING AUGUST 1955

Name and location of banks and branches Class of bank Date of change

New banks (except successions sand conversions)

American Bank

Hongkong & Shanghai Banking Corp.

Guaranty Bank & Trust Co.

Jefferson State Bank

Farmers State Bank (Admitted to membership on June 9S 1955) but did not open for business until August 13, 1955.)

National Bank of Des Moines

Commerce Bank & Trust Co.

First State Bank

First National Bank

Geneva, Ala Geneva County-

San Francisco, Calif San Francisco County

Denver, Colo, Denver County

Chicago, 111, Cook County

Sullivan, Ind Sullivan County

Des Moines, Iowa Polk County

Worcester, Mass, Worcester County

Amarillo, Texas Potter County

Muleshoe, Texas Bailey County

Bank of Berkeley Absorbed by Bank of California, N.A,

Consolidations, absorptions, etc, Berkeley, Calif, San Francisco, Calif.

Ins ,non

2

Date of change Name and location of banks and branches

Class of bank

Costa Mesa Bank Absorbed by United States National Bank

Consolidations, absorptions, etc. (Cont*d) Costa Mesa, Calif. Ins.non. San Diego, Calif. National

California Bank Covina National Bank Fishermen & Merchants Bank Union National Bank Merged under charter and title of California Bank

Citizens National Trust & Savings Bank Xucaipa Valley National Bank

Los Angeles, Calif. Member Covina, Calif. National Los Angeles (San Pedro), Member Calif.

Pasadena, Calif. National

Consolidated-under charter and title of Citizens National Trust &

Los Angeles, Calif. Riverside, Crlif. Yucaipa, Calif.

Savings Bank Connecticut Bank & Trust Co. Windham National Bank Merged under charter and title of -Connecticut Bank & Trust Co.

Detroit Trust Co. Wabeek State Bank Consolidated under charter of Wabeek State Bank and title.of --Detroit Wabeek Bank & Trust Co.

Camden Trust Co. Oaklyn National Bank Merged under charter and title of -Camden Trust Co.

Mainland National Bank Absorbed by Boardwalk National Bank

First National Bank Manufacturers & Traders Trust Co. Merged under charter and title of - Manufacturers & Traders Trust Co.

Riverside, Calif. Hartford, Conn. Willimantic, Conn. Hartford, Conn.

Detroit, Mich* Detroit, Mich.

Detroit, Mich. Camden, N. J. Oaklyn, N. J. Camden, N. J.

Pleasantville, N.J. Atlantic City, N, J,

Buffalo, N. Y. Buffalo, N. Y. Buffalo, N. Y.

Member National National

National Member National Member

Nonins. Ins.non.

Ins.non. Member National Member National National National Member Member

8-15-55

8-22-55 I 8-15-55 |

? I 8-22-55 it

r i-# %

-if-#

ir -29-5^ r'

8 822

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

- 3

Name and location of banks and branches Class of bank Bate of change

Consolidations, absorptions, etc, (Cont*d) First National Bank Chautauqua National Bank & Trust Co. Consolidated under charter of Chautauqua National Bank & Trust Co. and title of Chautauqua National Bank

Meadow Brook National Bank Central National Bank North Shore Bank Trust 'Co, Consolidated under charter and title of Meadow Brook National Bank

Jamaica National Bank Marine Midland Trust Co. Merged under charter and title of Marine Midland Trust Co.

Peekskill National Bank & Trust Co* County Trust Co. Merged under charter and title of County Trust Co,

Falconer, N. Y. Jamestown, N. I.

Jamestown, N. Y. Freeport, N. Y. Mineola, N. Y. Oyster Bay, N. Y. Freeport, N. Y,

New York, N. Y. New York, N. Y. New York, N. Y.

Peekskill, N. Y. White Plains, N. Y. White Plains, N. Y.

Farmers National Bank & Trust Co. Ashtabula, Ohio Orwell Banking Co. Orwell, Ohio Consolidated under charter and title of --Farmers National Bank & Trust Co. Ashtabula, Ohio

Cowlitz Valley Bank Citizens Independent Bank Yakima Valley Bank Absorbed by Seattle-First National Bank

Kelso, Wash. Longview, Wash. Sunnyside, Wash. Seattle , Wash.

National National

National National National Member National National Member Member National Member Member National Member National Member -Member Ins.non. National

8- 1-55

8-18-55

8-12-#

1-55

8-22-55

8- 8-55 8-29-55 3-29-55

Admission of State bank to Federal Reserve Membership Grayling State Savings Bank Grayling, Mich. Ins.non, 8-22-55


- It -


Farmers, and Merchants Bank of East Long Beach Name changed to Earners and Merchants Bank of Southern Counties

Changes in name or location of banks

Long Beach, Calif. Member 7-28-55

Bank of Doniphan Doniphan, Mo, Name and location changed to Planters. Bank Sikeston, Mo,

First National Bank Greenville, Pa, Name changed to First National Bank of Mercer County

Ins.non. Ins.non0 National

Branches established de novo (Includes branches at military and other Government establishments)

Valley National Bank Oak and "Broad Street Office 10$ South Broad Street

Costa Mesa Bank Orange County Fair Grounds Branch .(Temporary branch opened from August 9, 195# to August lh9 19#.)

Community Bank San Fernando-Fletcher Drive Office 312U South San Fernando Road

Security Title Insurance Co. Trust Branch L80 Court Street

Mother Lode Bank Sonora Office 229 South Washington Street

Citizens National Trust & Savings Bank Twentynine Palms Office Twentynine Palms Highway and Desert Queen Street

Phoenix, Arizs 0 National Globe, Ariz0 Gila County

Costa Mesa, Calif. Ins.non. Costa Mesa, Calif. Orange County

Huntington Park, Calif, Ins.non, Los Angeles, Calif, Los Angeles County

Los Angeles, Calif, Nonins. San Bernardino, Calif, San Bernardino County

Placerville, Calif, Ins.non. Sonora, Calif, Tuolumne County

8- 9-#

8-26-#

Riverside, Calif. National Twentynine Palms, Calif. San Bernardino County

a - 1 - 5 5

-29-55

8- 8-55

8-29-55

8-26-55

8-55

s

>

1


- 5 -

Npjne and location of banks and branches Class Date of of bank change Branches established de novo (Cont'd)

(Includes branches at military and other Government establishments) Bank of America, N.T. & S.A. North Highlands Branch

Watt Avenue San Francisco Airport Branch New Terminal Building, International Airport

First "vJestern Bank & Trust Co Bakersfield Office ll|09 Chester Avenue Westminster-Midway City Office 7833 Westroinster Avenue

First National Bank Kentfield Office

First National Bank & Trust Co. Park Street Branch 96 Park Street

Citizens Trust Company West Side Office 96$ Hunter Street, N. W.

Defiance State Bank Branch Office

First National Bank First National Bank Garage Branch 226 Crockett Street

San Francisco, Calif. 'National North Highlands, Calif0 Sacramento County San Mateo County, Calif, (Po0o San Francisco)

San Francisco, Calif. Bakersfield, Calif. Kern County Westminster, Calif. Orange County

San Rafael, Calif. National Kentfield, Calif. Marin County

New Canaan, Conn, National New Canaan, Conn, Fairfield County

Atlanta, Ga. Member Atlanta, Ga. Fulton County

Defiance, Iowa Ins. Dow City, Iowa Crawford County

Shreveport, La, National Shreveport, La. Caddo County

8- 1-55

8-15-55

8-29-55

8-15-55

8- 1-55

8- 1-55

8- 1-55

7- 1-55

1-13-55


- 6 -

Class of bank


Branches established de novo (Cont'd) (Includes branches at military and other Government establishments)

Ins.non. Equitable Trust Co, Parkville Office 8025 Harford Road

Norfolk County Trust Co. Needham Industrial Center Branch 25>0 Highland Avenue

Baltimore, Md, Parkville, Md. Baltimore County

Brookline, Mass Needham, Mass. . Norfolk County

7-29-55

8-15-55

Framingham Trust Co. South Sudbury Branch Boston Post Road and Old Concord Road

Haverhill Savings Bank Main Street Branch 16 Main Street

Newton National Bank Watertown Branch 116 Main Street

Newton Savings Bank Washington Street Branch 289 Washington Street

Plymouth National Bank North Street Branch 20 North Street

Framingham, Mass. Ins.non. South Sudbury, Mass. 8-15-55 Middlesex County

Haverhill, Mass, Nonins. Topsfield, Mass. 8- U-55 Essex County

Newton, Mass. National Watertown, Mass. 8- 5-55 Middlesex County

Newton, Mass, Nonins. Newton, Mass. 3-29-55 Middlesex County

Plymouth, Mass. National Plymouth, Mass, 8-22-55 Plymouth County

V


- 7 -

Maine and location of banks and branches Class 1 Date of of bank

Branches established de novo (Contfd) (Includes branches at military and other Government establishments)

Detroit Uabeek Bank & Trust Co, Fisher Building Office 3009 West Grand Boulevard (Formerly head office of Wabeek State Bank, which changed name to Detroit Wabeek Bank & Trust Co. and moved from 3009 West Grand Boulevard to 201 West Fort Street.)

East Lansing State Bank Branch Office U675 Okemos-Mason Road

Old Kent Bank East Grand Rapids Branch 2137 Wealthy Street, 5, E.

Grosse Pointe Bank City Office 630 St. Clair Avenue

Trenton State Bank Grosse lie Office 8I46I4 Macomb Road

Planters Bank & Trust Co. Louise Branch Office

Bank of Nevada Strip Branch 2780 South Los Angeles Highway

First Camden National Bank & Trust Co, Terminal Office Broadway Speedline Terminal

Second National Bank Little Silver Branch It88 Prospect Avenue

Detroit, Mich. Detroit, Mich. Wayne County

East Lansing, Mich. Okemos, Mich. Ingham County

Ins.non,

Ins.non.

Grand Rapids, Mich. Member East Grand Rapids, Mich. Kent County

Grosse Pointe, Mich. Member Grosse Pointe, Mich* Wayne County

Trenton, Mich. Member Grosse lie, Mich. Wayne County

Ruleville, Mis s Insnon, Louise, Miss. Humphreys County

Las Vegas, Mev. Ins.non. Las Vegas, Nev. Clark County

Camden, N. J. National Camden, N. J. Camden County

Red Bank, N. J. National Little Silver, M. J. Monmouth County

8- 1-55

8- k-55

8- 8-55

8- 1-55

8- 6-55

8- 1-55

8-29-55

8- 1-55

8-18-55


- 8 -

Name and location of banks and branches Glass of bank "Date of change


Orange County Trust Co. Silver Lake Village Office

Planters National Bank & Trust Co# Time Payment Office 131 North Church Street

Ohio Citizens Trust Co. .Parkway Plaza Branch Detroit Avenue & Anthony Wayne Trail

Merchants National Bank Jordan Park Branch MacArthur Road at Jordan Parkway

Cheltenham National Bank Rockledge Branch 128 Huntingdon Pike

Easton Trust Co. "Palmer Township Branch 25th Street, Intersection of Northampton & Broad Streets

Girard Battles National Bank Fairview Branch

Plantations Bank of Rhode Island Broad Street Office 950 Broad Street

Bank of Union County : North Sioux City Branch Office

American National Bank Cradock Branch 1530 George Washington Highway

Middle town, N. Y. Member Silver Lake Village, N. Y. Orange County

Rocky Mount, N. C. National Rocky Mount, N, C. Edgecombe County

Toledo, Ohio Maumee, Ohio Lucas County

Member

Allentown, Pa, National Whitehall Township, Pa, Lehigh County

Cheltenham, Pa. National Rockledge, Pa. Montgomery County

Easton, Pa. Member Palmer Township, Pa. Northampton County

Girard, Pa. National Fairview, Pa. Erie County

Providence, R. I. Ins.non. Providence, R. I. Providence County

Elk Point, S. D. Ins.non. North Sioux City, S. D. Union County

Portsmouth, Va. National Portsmouth, Va. Independent City

'4

8-27-55

8-29-55

8-26-55

6-29-55

8- 1-55

8-15-55

8- 8-55

8- 3-55

8-13-55

8- 1-55

9

J


- 9 -



National Pacific National Bank Wallingford Branch 1701 North li5th Street

Seattle, Wash. Seattle, Wash. King County-

Banks converted into branches (See also Consolidations, absorptions, etc,)

California Bank Covina Office 175 East Badille Street (Formerly Covina National Bank) Colorado & Oakland Office 505 East Colorado Street (Formerly Union National Bank)

Citizens National Trust & Savings Bank Yucaipa Valley Office 3U931 Yucaipa Boulevard (Formerly Yucaipa Valley National Bank)

Los Angeles, Calif. Covina, Calif. Los Angeles County

Pasadena, Calif. Los Angeles County

Riverside, Calif, Yucaipa, Calif. San Bernardino County

Member

United States National Bank Costa Mesa Office 18U9 Newport Avenue (Formerly Costa Mesa Bank)

Bank of California, N.A. Berkeley Office 2333 Shattuck Avenue (Formerly Bank of Berkeley)

Connecticut Bank & Trust Co. Windham Branch 779 Main Street (Formerly Windham National Bank)

Boardwalk National Bank Mainland Office 2 South Main Street (Formerly Mainland National Bank)

San Diego, Calif. Costa Mesa, Calif. Orange County

San Francisco, Calif. Berkeley, Calif. Alameda County

Hartford, Conn. Willimantic, Conn. Windham County

Atlantic City, N. J. Pleasantville, N. J. Atlantic County

National

National

National

Member

National

-27-#

8-22-#

8-22-#

8-15-55

8-15-55

8- 1-55

8-22-55

8-29-55


10


Banks converted into branches (Cont*d) (See also Consolidationsa absorptions, etc.)

Camden Trust Co. Oaklyn Office 5>07 White Horse Pike (Formerly Oaklyn National Bank)

Manufacturers & Traders Trust Co. Midtown Office 15 Genesee Street (Formerly First National Bank)

Camden, N.J. Oaklyn, N. J. Camden County

Buffalo, N. Y. Buffalo, N. Y. Erie County

Meadow "Brook National Bank Freeport, N. Y. Mineola Office Mineola, N. Y. Jericho Turnpike and Mineola Boulevard Nassau County

- (Formerly Central National Bank) Oyster Bay Office Smith Street and Audrey Avenue (Formerly North Shore Bank Trust Co.)

Chautauqua National Bank Falconer Office 1 East Main Street (Formerly First National Bank)

Marine Midland Trust Co. Jamaica Office 89-6I4 - 163rd Street (Formerly Jamaica National Bank)

County Trust Co. -Division Street Branch It'S. Division Street (Formerly Peekskill National Bank and Trust Co.)

Farmers National Bank & Trust Co. Orwell Branch (Formerly Orwell Banking Co.)

Oyster Bay, N. Y. Nassau County

Jamestown, N. Y. Falconer, N. Y. Chautauqua County-

New York, N. Y. New York, N. Y. Queens County

White Plains, N. Y. Peekskill, N. Y. Westchester County

Ashtabula, Ohio Orwell, Ohio Ashtabula County-

Member

National

National

Member

Member

National

8-15-55

8- 8-55

8-18-55

8-18-55

8- 1-55

8-12-55

8- 1-55

8-22-55

1

1

I 9


IX


Banks converted into branches (Cont'd) (See also Consolidations, absorptions, etc.)

Seattle-First National Bank Kelso Branch (Formerly Cowlitz Valley Bank) Longview Branch 131? - litth Avenue (Formerly Citizens Independent Bank) Sunnyside Branch (Formerly Yakima Valley Bank)

Seattle, Wash; Kelso, Wash, Cowlitz County Longview, Wash. Cowlitz County

Sunnyside, Wash, Yakima County

National

Branches acquired by consolidation, absorption, etc. Los Angeles, Calif, Member California Bank

Acquired through merger and will operate the branches formerly operated by the following banks: Covina National Bank, Covina - 1 branch Union National Bank, Pasadena - 1 branch

Manufacturers & Traders Trust Co, Acquired through merger and will operate the branch formerly operated by First National Bank, Buffalo, in Erie County,

Buffalo, N. Y. Member

8- 8-55

8-29-#

8-29-55

8-22-55

8-8-55

Meadow Brook National Bank Freeport, N. Y. National 8-18-55 Acquired through consolidation and will operate the branch formerly operated by Central National Bank, Mineola, in Nassau County.

Marine Midland Trust Co. New York, N. Y, Member 8-12-55 Acquired through merger and will operate the two branches formerly operated by Jamaica National Bank, New York, in Queens County


a 12

Name and location of banks and branches Class Date of of bank change

Branch discontinued Chase Manhattan Bank New York, N. Y. Hamilton Trust Branch 191 Montague Street Business of this branch consolidated Brooklyn, N. Y. with Borough Hall. Branch, 185 Montague Street, Brooklyn*

Changes in name or location of branches

Member 8-15-55

First National Bank of Arizona Virginia-Central Branch Moved from Moved to And renamed Park-Central Branch

Phoenix, Ariz. National 2606 North Central Avenue 3002 North Central Avenue

8-15-55 ,1

California Bank San Pedro Office Moved from Moved to

Security-First National Bank ^Venice Branch

Changed from Changed to

Woodland Hills Branch Moved from Moved to

Bank of America, N.T, & S.A. Centerville Branch Moved from Moved to

**Chino Branch Changed from Changed to

Los Angeles, Calif. Member Los Angeles (San Pedro), 8-22-# Calif. 1001 So. Pacific Avenue b07 West Seventh Street

Los Angeles, Calif. National Los Angeles (Venice), 8- 9-55 Calif. 1516 Trolleyway 1516 Pacific Avenue

Woodland Hills, Calif. 8-12-55 21720 Ventura Boulevard 21620 Ventura Boulevard

Sari Francisco, Calif. National Centerville, Calif, 8-29-55 105 South Main Street 165 North Main Street

Chino, Calif. 7-29-55 601 D Street 519U D Street

I

* This change is due to renaming of street and does not represent any change in the actual location.

a* This change is due to a new numbering system and does not represent any change in the actual location.


- 13 -

Class of bank


Changes in name or location of branches (Cont'd) Bank of America, N.T.'& S.A. (Cont'd) Sunset-Clark Branch Moved from Moved to

Palo Alto-Stanford Branch Name changed to Palo Alto Branch

#Ridgecrest Branch Changed from Changed to

Sanger Branch Moved from Moved to

California-Tweedy Branch Moved from Moved to And renamed Tweedy-Alexander Branch

Provident Savings Bank Brooklyn Park Office Moved from Moved to

National Shawmut Bank South Station Branch Moved from Moved to

National Bank of Detroit Van Dyke-Twelve Mile Office Moved from Moved to

San Francisco, Calif. National Los Angeles, Calif. 8-22-55 8901 Sunset Blvd; 9021 Sunset Blvd.

Palo Alto, Calif. 8- 1-55 25l University Avenue

Ridgecrest, Calif. 8-18-55 129 Balsam Street 139 Balsam Street

Sanger, Calif. 8-29-55 13lt8 Seventh Street 1501 Seventh Street

South Gate, Calif. 8-29-55 9837 California Avenue I4I4OO Tweedy Boulevard

Baltimore, Md. Ins.non. Brooklyn Park, Md. 8- U55 Ritchie Highway ani Hammond Lane

5722 Ritchie Highway Boston, Mass. National

8-15-55 179 Summer Street 10 High Street

Detroit, Mich. National Technical Center, Mich. 8-15-55 28800 Van Dyke Road

29700 Van Dyke Road * This is a correction, address reported incorrectly when branch opened.



Changes in name or location of branches (Cont'd) Frankenmuth State Bank Millington Branch Moved from Moved to

Asbur7 Park National Bank & Trust Co, North Asbury Park Branch Moved from Moved to

Frankenmuth,.Mich,' Millington, Mich. 8h8U State Street U735 E. Main Street

Asbury Park, N. J. New York and Long Branch Station

810 Sunset Avenue

Ins.non.

National

8- 1-55

8-22-55

Chautauqua National Bank Midland Time Plan Office Moved from Moved to And renamed Spring Street Office

Provident Savings Bank & Trust Co, Walnut Hills Branch Moved from Moved to

Jamestown, II. Y. National 12 West Second Street ltl7 Spring Street

Cincinnati, Ohio Member Melrose Avenue and McMillan Street

2^ 19 Gilbert Avenue

8-29-#

1-55

Upper Darby National Bank Newtown Square Office Moved from Moved to

First National Bank South Memphis Branch Moved from Moved to

Upper Darby, Pa, National Newtown Square, Pa. 3539 West Chester Pike 3533 West Chester Pike

Memphis, Term. National 1168 South Third Street 1200 South Third Street

8- U-55

8-15-55

First Security Bank of Utah, N.A. Exchange Place Branch Moved from Moved to And renamed Fourth South Branch

Ogden, Utah National Salt Lake City, Utah 359 South Main Street L01 South Main Street

-22-55


- 1 5 -

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

Citizens National Trust & Savings Bank Marine Corps Training Center Facility

Riverside, Calif. National Twentynine Balms, Calif. San Bernardino County

8- 8-55

Rapides Bank & Trust Co, Camp Polk Facility

Alexandria, La. Camp Polk, La Vernon County

Member 8- 1-55

Progressive Bank & Trust Co. U. S. Naval Station Facility

New Orleans, La. New Orleans, La. Orleans County

Member 8- 1-55

Clovis National Bank Clovis Air Force Base Facility

Clovis, N. Hex. Clovis Air Force Base, |N. Kex.

National 8-22-55

Curry County


l45_19550919

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