> CONFIDENTIAL L.U.

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THIS COMPILATION IS DERIVED LARO^Y FRQM SECONDARY SOURCES. N0T M OFFICIAL REPORT OF CHAI.GES Hi THE BA1.7KI1jG STRUCTURE. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

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CHANGES IN STATUS OF BANKS

June 15, 1951 BRANCHES AS REPORTED DURING MAY 1951 Class of bank |Date of I change

Name and location of banks end branches New banks Bank of Flagstaff Peninsula State Bank Ayco<~k Bonking Co. (Unincorporated bank) West Irving State Bank Chief Joseph State Bank (except successions and conversions) Flagstaff, Ariz. Tampa, Fla. Millen, Ga. Chicago, 111. Bridgeport, Wash. Successions and conversions Citizens Bank (Unincorporated bank) Converted to -Citizens State Bank Alma, Ga. Alma, Ga.

Ins. nonmem. Ins. nonmem. Noninsured Ins. nonmem. Ins. nonmem.

5-1^-51 5-I-51 5-7-51 5-18-51 5-1-51

Noninsured Ins. nonmem.

5-1-51

Consolidations, absorptions, etc. Franklin Bank & Trust Co. Evansville, Ind. Old National Bank Evansville, Ind. These two banks consolidated under charter and title of -Evansville, Ind. Old National Bank Bankers Trust Co. Commercial National Bank and Trust Co. These two banks merged under charter and title of -Bankers Trust Co. Odessa State Bank Absorbed by -Seattle-First National Bank New York, N. Y. New York, N. Y. New York, N. Y. Odessa, Wash. Seattle, Wash. Ins. nonmem. National National Member National Member Ins. nonmem. National 5-21-51 5-28-51 5-I-5I

Admission of State bank to Federal Reserve membership Broadalbin Bank Broadalbin, N. Y. Ins. nonmem. 5-17-51

Withdrawals of State banks from Federal Reserve Membership Sullivan County Trust Co. Washington County Bank Monticello, N. Y. Blair, Nebr. Insurance Insurance continued 5-25-51 5-11-51

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Name and location of banks and branches Changes in name or location Byram National Bank Name of city changed to Cape Cod Five Cents Savings Bank " Location changed to Cape Cod Trust Company Location changed to Hillsborough County Savings Bank Name changed to -Merchants Savings Bank East Port Chester, Conn. Byram, Conn. Harwich, Mass. Harwich Port, Mass. Harwich, Mass. Harwich.Port, Mass. Manchester, N. H.

Clnss of b".nk

Date of change

National Noninsured

5-3-51 5-21-51

Ins. nonmem. 5-21-53 Noninsured 5-1-51

Branches established (including branches at military and other government establishments and banks converted into branches) First National Bank First-Willow Branch (De novo) First National Bank < Trust Co. Newtown Branch (De novo) Phoenix State Bank & Trust Co. Farmington Avenue and Whitney Street Branch (De novo) Newington Branch (De novo) Sen Jose, Calif. 1010 South First Street Bridgeport, Conn. Queen Street Newtown, Conn. Hertford, Conn. Farmington Avenue and Whitney Street Newington, Conn. National 5-28-51 Member 5-14-51 5-7-51 5-7-51

Old National Bank . Evansville, Ind. West Side Office 2121 West Franklin Street (Formerly Franklin Bank & Trust Co.) Ouachita National Bank Monroe, La. Fourth Street Branch 700 North Fourth Street (De novo) Baltimore National Bank North Avenue Office Drive-in Facilities (De novo) Brookline Trust Co. Chestnut Hill Office (De novo) Baltimore, Md. 1819-23 Maryland Avenue Brookline, Mass. 1228 Boylston Street Ins. nonmem. National

5-1-51 5-17-51

5-21-51

5-14-51

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

-3Name and location of banks and branches Branches established (Cont'd) (including branches at military and other government establishments and banks converted into branches) Genesee County Savings Bank Welch Boulevard Branch (De novo) Security Bank Ford Boulevard Office (De novo) Passaic-Clifton National Bank & Trust Co. Allwood Office (De novo) Peoples Bank & Trust Co. Westside Office (De novo) Las Vegas Savings Bank Old Town Agency (De novo) South Side Bank Brentwood Office (De novo) National City Bank Island Park Office (De novo) Flint, Mich. 806 Welch Boulevard Lincoln Park, Mich. 3984 Fort Street Clifton, N. J. 100 Market Street Passaic, N. J. Broadway & Van Houten Ave. Las Vegas, N. Mex. l8l Bridge Street Bay Shore, N. Y. Suffolk Ave. & 4th St. Brentwood, N. Y. Long Beach, N. Y. . 232 Long Beach Road Island Park, N. Y. Member 5-28-51 Member 5-17-51 Ins. nonmem. 4-6-51 Ins. nonmem. 4-30-51 5-11-51 5-15-51 Class of bank Date of change

5-18-51

5-14-51

Bankers Trust Co. Hev York, N. Y. 46 Wall Street Office 46 Wall Street (Formerly Commercial National Bank & Trust Co.) Royal Industrial Bank Bronx Branch (De novo) New York, N. Y. 344 East 149th Street

Ins. nonmem. 5-1-51 Ins. nonmem. 5-1-51 5-14-51

lurham Bank & Trust Co. Durham, N. C. Broad Street Branch 1122 Broad Street (De novo) Winters National Bank & Trust Co. Dayton, Ohio Far Hills Branch 2800 Far Hills Avenue (De novo) Oakwood, Ohio

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

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) Sylvania Savings Bank Trilby Branch (De novo) Lincoln Bank Willamina Branch (De novo) Conestoga National Bank Millersville Branch (De novo) Industrial Trust Co. Broadway Branch (De novo) First National Bank Plaza Office (De novo) First National Bank First National Drive-In Teller Branch (De novo) Seattle-First National Bank Odessa Branch (Formerly Odessa State Bank) Sylvania, Ohio 3204 Tremainsville Road Toledo,Ohio Taft, Ore. Willamina, Ore. Lancaster, Pa. 302 N. George Street Millersville, Pa. Providence, R. I. 92 Broadway Newport, R. I. Greenville, S. C. 1700 block of Augusta Road Newport News, Va. 123-28th Street Seattle, Wash. Odessa, Wash. 5-21-51 Member 5-21-51 Member 5-15-51 Ins. nonmem. 5-21-51

5-14-51

5-31-51

5-21-51

Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Bank of America N.T. & S.A. George Air Force Base Facility First National Brnk Orlando Air Force Base Fourth National Bank Planeview Housing Project Security National Bank Fort Custer Facility National Bank of Washington McChord Air Force Base Facility San Francisco, Calif. Victorville, Calif. Orlando, Fla. Orlando, Fla. Wichita, Kans. Wichita, Kans. Battle Creek, Mich. Fort Custer, Mich. Tacoma, Wash. Parkland, Wash. National 5-14-51 National 5-7-51 4-9-51 3-26-51 5-3-51

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Name and location of banks and branches Branches discontinued First National Bank Seasonal Agency Stone Harbor, N. J. 43rd and Landis Avenue Sea Isle City, N. J. Changes in name or location of branches American Trust Co. Santa Rosa Office Moved from Moved to Bank of America N.T. & 3.A. Hope-Olympic Branch Moved from Moved to and renamed Figueroa-llth Branch First-Stamford National Bank & Trust Co. Glenbrook Branch Moved from Moved to Detroit Bank Harper-Van Dyke Office Moved from Moved to and renamed Van Dyke-Malvern Office Pennsylvania Company for Banking & Trusts Independence Hall Branch Moved from Moved to San Francisco, Calif. Santa Rosa, Calif. 528 Fourth Street 231 Exchange Place San Francisco, Calif. Los Angeles, Calif. 691 West Olympic Blvd. 1100 South Figueroa St.

Class of bank

Date of change

National 5-8-51

Member 4-30-51

National 5.-14-51

Stamford, Conn. 320 Hope Street 37 Church Street Detroit, Mich. 8001 Harper Avenue 83OO Van Dyke Avenue Member 5-21-51 5-7-51

Philadelphia, Pa.

Member 5-14-51

511 Chestnut Street N. W. Corner of 6th < Chestnut Streets

Revision of previous report The statement covering the month of April 1951 reported that the Barretville Bank & Trust Co., Barretville, Tennessee, opened a branch at Whitehaven, Tennessee on April 10, 1951Advice has now been received that this branch has not opened for business.

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

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