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'THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. F.R; CONFIDENTIAL ' BbAftD OF GOVERNORS OF THE FEDERAL RESERVE SfSTEM

L.U.5 ; November 17, 19$h

CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING OCTOBER 1951

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

New banks (except successions and conversions)

Uptown National Bank Moline, 111. National 10- 1-5U Rock Island County

Arkansas Valley State Bank Valley Center, Kansas Ins.non. 10- k-5k Sedgwick County

Oconee County Bank Seneca, S. C. Ins. non. 10-lli-SL Oconee County

Successions and conversions

Bank of Dunedin Dunedin, Fla. Ins.non. 10-20-51; Converted to — First National Bank Dunedin, Fla. National

Industrial Savings Bank Miami, Fla, Ins.non. 10- 1-SU Converted to — Industrial National Bank Miami, Fla. National

Blacksburg Depository Blacksburg, S, C. Nonins. 10- 7-5k Converted to — Blacksburg State Bank Blacksburg, S. C. Ins.non.

Graniteville Depository Graniteville, S. C. Nonins. 10- 1-5L Converted to — Graniteville Valley Bank Graniteville, S. C. Ins.non.

Consolidations, absorptions, etc. Antioch Bank of Savings Antioch, Calif. Ins.non. 10- 1~$h First National Bank Antioch, Calif. National These two banks were absorbed by — Wells Fargo Bank & Union Trust Co, San Francisco, Calif. Member

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

Consolidations, absorptions, etc. (Cont'd) Bank of Eureka Eureka, Calif. Ins.non. 10- U-5U Anglo California National Bank San Francisco, Calif. National These two banks merged under charter and title of — Anglo California National Bank San Francisco, Calif. National

Hamilton National Bank Washington, D. C. National 10- h-5h National Bank of Washington Washington, D. C. National These two banks consolidated under charter and title of — National Bank of Washington Washington, D. C. National

Riggs National Bank Washington, D. C. National 10- 1—5U Washington JLoan & Trust Co. Washington, D. C. Member These two banks consolidated under charter and title of — Riggs National Bank Washington, D. C. National

Guaranty State Bank Topeka, &ansas Ins.non. 10-30-51 Merchants National Bank Topeka, Kansas National These two banks consolidated under charter and title of — Merchants National Bank Topeka, Kansas National

Manton State Bank Manton, Mich. Ins.non. 10- 1-5U Absorbed by — Cadillac State Bank Cadillac, Mich. Ins.non.

National Commercial Bank & Trust Co. Albany, N. Y. National 10- Plattsburg National Bank & Trust Co. Plattsburg, N. Y. National These two banks merged under charter and title of — National Commercial Bank & Trust Co. Albany, N. Y. National

Chemical Bank & Trust Co. New York, N. Y. Member 10-18-Sh Corn Exchange Bank Trust Co. New York, N. Y. Member - These two banks merged under charter of Chemical Bank & Trust Co. and title of — Chemical Corn Exchange Bank New York, N. Y. Member

Union Licking Bank Newark, Ohio Member 10- 1-51* Absorbed by — First National Bank Newark, Ohio National

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

Consolidations, absorptions, etc. (Cont'd) National Bank of Brookville Brookville, Pa. National 10-11-51* Absorbed by — Du Bois Deposit National Bank Du Bois, Pa. National

Peoples Bank California, Pa, Ins.non. 10- 2-Sh First National Bank Canonsburg, Pa, National 10-11-51* These two banks were absorbed by — Peoples First National Bank & Trust Co. Pittsburgh, Pa. National

Merchants National Bank Quaker town, Pa, National 10- k-5k Sellersville National Bank Sellersville, Pa. National These two banks consolidated under charter and title of — Merchants National Bank Quakertown, Pa, National

Hiwassee Bank Charleston, Tenn. Ins.non. 10- 1-51* Absorbed by — Cleveland National Bank Cleveland, Tenn. National

First National Bank Renton, Wash. National 10- L-51 Absorbed by — Seattle-First National Bank Seattle, Wash. National

Bank of Pickens Pickens, W. 7a. Ins.non. 10- 1-51* Absorbed by — Citizens National Bank Elkins, W. Va. National

Admission of State bank to Federal Reserve Membership

First State Bank Britt, Iowa Ins.non. io- 1-5U

Changes in name or location

Peoples Industrial Bank Fort Lauderdale, Fla. Ins.non. io- 5-51* Name changed to — Industrial Savings Bank

Branches established (including branches at military and other Government establishments and banks converted into branches) First National Bank Florence, Ala. National North Florence Branch 1131 Wills Ave. 10- 8-51* j (De novo) Florence, Ala. Lauderdale County

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

Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) Bank of Douglas Phoenix, Ariz. Ins.non. Tombstone Branch Allen Street 10-15-5L (De novo) Tombstone, Ariz, Cochise County

Valley National Bank Alhambra, Calif. National Arcadia Office 111*3 West Huntington Drive 10- l-5h (De novo) Arcadia, Calif. Los Angeles County

Northern Counties Bank Marysville, Calif• Ins.non. Gridley Office 520 Kentucky St. 10-25-5>li (De novo) Gridley, Calif. Butte County

First National Bank Oro ville, Calif. National Gridley Office 381 Highway 99E 10-29-5U (De novo) Gridley, Calif. Butte County

Anglo California National Bank San Francisco, Calif. National Eureka Office Third & E Streets 10- k-$k (Formerly Bank of Eureka) Eureka, Calif, Humboldt County

Midtovm Office 1500 - 21st Street 10-l8-5k (De novo) Sacramento, Calif. Sacramento County

Bank of America, N.T. & 5.A. San Francisco, Calif. National Tahoe Valley Branch Tahoe Valley, Calif. 10- 1-Sh (De novo; replaces the El Dorado County agency previously operated seasonally, between June 1 and September 30 of each year)

Wells Fargo Bank & Union Trust Co. San Francisco, Calif. Member Antioch Branch 301 G Street 10- 1-5U (Formerly Antioch Bank of Antioch, Calif. Savings & First National Bank) Contra Costa County

Firpt National Bank San Jose, Calif. National Palo Alto Office 33h California Ave. 10-12-& (De novo) Palo Alto, Calif. Santa Clara County

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

Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches)

First National Trust & Savings Bank Santa Barbara, Calif. National San Roque Branch 29 West Calle Laureles 10-11-51. (De novo) Santa Barbara, Calif. Santa Barbara County

Farrrdngton Savings Bank Farmington, Conn. Nonins. Unionville Branch Unionville, Conn. 10- 1-SL (De novo) Hartford County

Putnam Trust Company Greenwich, Conn. Ins.non. Drive-in Office Mason Street 10- h-Sb (De novo) Greenwich, Conn. Fairfield County

Thompsonville Trust Co. Thompsonville, Conn. Member Somers Branch Main & Battle Sts. 10— li— (De novo) Somers, Conn. Tolland County

National Bank of Washington Washington, D. C. National Washington Branch 301 Seventh St., N. W. 10- U-5U (De novo; formerly head office Washington, D. C. of National Bank of Washington, Independent City which consolidated with Hamilton National Bank under charter and title of National Bank of Washington)

Riggs National Bank Washington, D. C. National Washington Loan & Trust Branch 900 F Street, N. W. 10- l-$h (Formerly Washington Loan & Trust Co.) Washington, D. C. Independent City

Lincoln National Bank & Trust Co. Fort Wayne, Ind. National State-Sherman Branch 901 West State Blvd. 10- Q-Sh (De novo) Fort Wayne, Ind. Allen County

Merchants Trust Co. Kuncie, Ind. Member West Jackson Street Branch 2700 West Jackson St. 10-18-5U (De novo) Muncie, Ind. Delaware County

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

Branches established (Cont'd) » (including branches at military and other Government establishments and banks converted into branches) First National Bank Louisville, Ky. National Eastern Parkway & Shelby Branch 801 Eastern Parkway 10- h-5h (De novo) Louisville, Ky. Jefferson Country

First National Bank Lewiston, Maine National South Avenue Office 993 Lisbon Street 10- 6-51* (De novo) Lewiston, Maine Androscoggin County

Annapolis Banking & Trust Co. Annapolis, Md. Member West Street Branch West Street & Chinquapin 10-27-5L (De novo) Round Road Annapolis, Md, Anne Arundel County

Equitable Trust Co. Baltimore, Md. Ins.non. Hillendale Office 681*3 Loch Raven Blvd. 10-20-5U (De novo) Baltimore County, Md.

Wellesley Trust Co. Wellesley Hills, Mass, Member Overbrook Office 986 Worcester Street 10-25-51* (De novo) Wellesley, Mass. Norfolk County

Ann Arbor Bank Ann Arbor, Mich. Member Packard-Brockman Office Packard St. & Brockman Blvd. 10-29-5L. (De novo) Ann Arbor, Mich. Washtenaw County

Bay City Bank Bay City, Mich. Member Midland Street Branch 311* East Midland St. 10-25-51* (De novo) Bay City, Mich. Bay County

Cadillac State Bank Cadillac, Mich. Ins.non. Manton Branch Manton, Mich. 10- 1-51* (Formerly Manton State Bank) Wexford County

National Bank of Richmond Richmond, Mich. National Memphis Branch 80889 Main St. 10-21-51* (De novo) Memphis, Mich* Macomb County

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

Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) Allenhurst National Bank & Trust Co. Allenhurst, N. J. National Corlies Branch 301 Main Street 10-h-Sh (De novo) Allenhurst, N. J. Monmouth County

Bank of Allwood Clifton, N. J. Member Richfield Office I3U4 Clifton'Ave. 10-22-5ii (De novo) Clifton, N. J. Passaic County

Harmonia Savings Bank Elizabeth, N. J. Ins.non. Morris Avenue Branch 5U0 Morris Ave, 10- 5-5U (De novo) Elizabeth, N. J. Union County

Morristown Trust Co. Morristown, N. J. Member Office on the Green 28 Park Place 10-13-51* (De novo; formerly head Morristown, N. J. office of Morristown Trust Co. Morris County which moved from 28 Park Place to 225 South Street)

National Commercial Bank & Trust Co. Albany, II. Y. National Plattsburg Office 2 Brinkerhoff St. 10- h-Sh (Formerly Plattsburg National Bank Plattsburg, N. Y. & Trust Co.) Clinton County

Bronx Savings Bank New York, N. Y. Ins.non. University Avenue Branch 1725 University Ave. 10- 2-5h (De novo) New York, N. Y. Bronx County

Chemical Corn Exchange Bank New York, N. Y. Member Main Office 13 William St. 10-18-51 (Formerly Corn Exchange Bank New York, N, Y. Trust Co.) New York County

Lincoln National Bank & Trust Co. Syracuse, N. Y. National Industrial Park Office North Midler Ave. 10- 7-Sh (De novo) & Court St. Dewitt, N. Y. Onondaga County

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Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) American Trust Co. Charlotte, N. C. Member Sedgefield Branch South Boulevard 10-26-51i (De novo) & Marsh Road Charlotte, N, C. Mecklenburg County

Concord National Bank Concord, N. C. National North Office 905 North Church St. 10-19-5U (De novo) Concord, N. C. Cabarrus County

First National Bank Cambridge, Ohio National First National Drive-In Branch 12h East 8th St. 10-11-5U (De novo) Cambridge, Ohio Guernsey County

Peoples Bank Co, Canal Winchester, Ohio Member Groveport Branch Groveport, Ohio 10- 7-5U (De novo) Franklin County

Savings Bank Company Chillicothe, Ohio Ins.non Central Center Branch 60 Central Center 8- 9-5U (De novo) Chillicothe, Ohio Ross County

Cleveland Trust Co. Cleveland, Ohio Member Northfield-Libby Branch Northfield & Libby Roads 10-18-5U (De novo) Maple Heights, Ohio Cuyahoga County

Greenville National Bank Greenville, Ohio National Gettysburg Branch Gettysburg, Ohio 10- 1-5 U (De novo) Darke County

First National Bank Newark, Ohio National Union Licking Branch 6-8. North Park Place 10- 1-5 U (Formerly Union Licking Bank) Newark, Ohio Licking County

Portland Trust Bank Portland, Cro. Member Midland Branch. 620 Southeast 122nd Ave. 10- 2-5k (De novo) Multnomah County, Oregon (?. 0. Portland)

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

Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches) National Bank of Boyertown Boyertown, Pa. National Bally Branch Bally, Pa. 10-11-54 (De novo) Berks County

Farmers National Bank of Bucks County Bristol, Pa. National 220 Radcliffe Street Office 220 Radcliffe St. 10-18-54 (De novo) Bristol, Pa. Bucks County

Du Bois Deposit National Bank Du Bois, Pa. National Brookville Branch Brookville, Pa. 10-11-51 (Formerly National Bank of Brookville) Jefferson County

Union Bank Erie, Pa. Ins.non. Westside Office 1400 W. 26th St. 9-15-54 (De novo) Erie, Pa. Erie County

Lebanon National Bank Lebanon, Pa. National Cleona Branch Cleona, Pa. 10-25-54 (De novo) Lebanon County

Fidelity Trust Co. Pittsburgh, Pa. Member Neville Island Branch Grand & Nebraska Avenue 10-29-514 (De novo) Neville Island, Pa. Allegheny County

Peoples First National Bank & Trust Co, Pittsburgh, Pa. National St. Clair Branch 285 Fort Couch Rd. 10-26-54 (De novo) Bethel Borough, Pa. Allegheny County

California Branch California, Pa. 30- 2-54 (Formerly Peoples Bank) Washington County

Canonsburg Branch Northeast corner of 10-11-54 (Formerly:First National Bank) Pike St. & Central Ave. Canonsburg, Pa. Washington County

Greater Pittsburgh Airport Branch Room 149 Terminal Bldg. 10-21-54 (De novo) Greater Pittsburgh Airport Pittsburgh, Pa. Allegheny County

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

Branches established (Cont'd) (including branches at military and other Government establishments and banks converted into branches)

McDowell National Bank Sharon, Pa. National Hickory Branch 2U01 Sharon-Mercer Road 9-27-5L (De novo) Hickory. Township, Pa. (P. 0. Sharon) Mercer County

Merchants National Bank Quakertovm, Pa. National Sellersville Branch 207-209 North Main St. 10- k-Sh (Formerly Sellersville National Bank) Sellersville, Pa. Bucks County

First .National Bank Bristol, Term. National West Bristol Branch 195k West State St. 10- 7-514 (De novo) Bristol, Term. Sullivan County

Cleveland National Bank Cleveland, Tenn. National Hiwassee Branch Charleston, Tenn. 10- 1-Sh (Formerly Hiwassee Bank) Bradley County

Union Planters National Bank Tenn. National Lamar Branch 276U Lamar Ave. 10-29-51 (De novo) Memphis, Tenn. Shelby County

National Bank of East Stanwood East Stanwood, Wash. National Timber Bowl Branch Darrington, Wash. 10— h—5h (De novo) Snohomish County

National Bank of Commerce Seattle, "fash. National Empire Way Branch 71^3 Empire Way 10-25-51 (De novo) Seattle, Wash. King County

Seattle-First National Bank Seattle, Wash. Renton Branch 311 Williams St. 10- li-51i (Formerly First National Bank) Renton, Wash. King County

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

Branches acquired by absorption or purchase

National Bank of Washington Washington, D. C. National 10- 4-54 Acquired through consolidation and will operate the 8 branches formerly operated by Hamilton National Bank.

Riggs National Bank Washington, D. C. National 10- 1-54 Acquired through consolidation and will operate the branch formerly operated by Washington Loan and Trust Co.

National Commercial Bank & Trust Co. Albany, N. Y. National 10- 4-54 Acquired through merger and will operate the 3 branches formerly operated by Plattsburg National Bank & Trust Co.

Chemical Corn Exchange Bank New York, N. Y. Member 10-18-54 Acquired through merger and will operate the ?8 branches formerly operated by Corn Exchange Bank Trust Co.

Branches discontinued

First National Bank Louisville, Ky. National Preston & Oak Streets Branch 402 East Oak Street 10- 1-54

Fidelity-Baltimore National Bank Baltimore, Md. National & Trust Co. Fayette Street Office Fayette & St. Paul Streets 10- 1-54

Changes in name or location of branches

Bank of America, N.T. & S.A. San Francisco, Calif. National Vacaville Branch Vacaville, Calif. 10- 4-54 Moved from Main & Elizabeth Sts. Moved to 367 Merchant St.

Industrial National Bank Detroit, Mich. Nati Washington Boulevard Branch 10-25-54 Moved from 1408 Washington Blvd. Moved to 1258 Washington Blvd.

Lincoln National Bank Newark, N. J. Nati Colonial Branch 10-11-54 Moved from 538 Broad Street Moved to 536 Broad Street

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

Changes in name or location of branches (Cont'd)

Broad Street National Bank Trenton, N. J. National Hamilton Avenue Branch 10- 4-54 Moved from Hamilton & S. Clinton Aves. Moved to 360 Hamilton Ave.

Dry Dock Savings Bank New York, N. Y. Ins.non. Bowery Office 10- 1-54 Moved from 341 Bowery Moved to > 113 Second Ave.

Long Island City Savings Bank New York, N. Y. Ins.non. Jackson Heights Branch Jackson Heights, N. Y. 9-20-54 Moved from 72-09 Broadway Moved to 72-35 Broadway

Manufacturers Trust Co. New York, N. Y. Member Fifth Avenue Office 10- 4-54 Moved from 513 Fifth Avenue Moved to 510 Fifth Avenue

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