1. M FOR PUBLICATION BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM LJioS THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCE^eptember 2k, 1962 NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES CURING AUGUST 1962 LIBRARY J "Class Bate of Name pnd location of banks and branches of bank change MAR 7 !%J ' ! New Banks (Except succassions and conversions) Planters & Stockmen Bank Pocahontas, Ark. Ins.non. 8-10-62 Randolph County- Vilshire National Bank Los Angeles, Calif0 National 6-1-62 Los Angeles County Peoples Bank of Stuart Stuart, Fla. Ins.non« 6-9-62 Martin County Community Bank of Easton Easton, 111, Ins.none 8-1-62 Mason County First Bank of Meadovrview Kankakee, 111. Ins.non. 6-10-62 Kankakee County Randhurst Bank Mount Prospect, 111. Ins.non, 8-7-62 Cook County Exchange State Bank Lime Springs, Iowa Nonins. 7-2-62 Howard County (Certain of the assets and deposit liabilities of The Exchange State Bank, Lime Springs, Iowa, were purchased and assumed by the new bank organized under the same nar.e„) Parklane National Bank Wichita, Kanso National 6-16-62 Sedgwick County Lincoln Bank & Trust Co. Ruston, La. Ins.non* 8-1-62 Lincoln Parish Town Bank & Trust Co. Brookline, Mass. Ins.non* 8-1-62 Norfolk County Central National Bank Alma, Mich. National 8-29-62 Gratiot County Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis -2- | Class Date of Name and location of banks and branches | of bank change New Banks (Cont'd) (Except successions and conversions) East Texas State Bank Buna, Tex. Ins.non. 8-31-62 Jasper County Kent County State Bank Jayton, Tex0 Ins.non. (5—ij.— 6 2 Kent County First State Bank Killeen, Tex. Nonins. fi-20-6 2 Bell County Peoples National Bank Gloucester, Vs. Nat ional 8-31-62 Gloucester County Peoples State Bank Stettin, Wis. Ins.non. 6-1-62 (P.0o Wausau) Marathon County Successions and Conversions Security State Bank Pacific Grove, Calif. Ins.non. 8-16-62 Converted to — Security National Bank of Monterey County Pacific Grove, Calif. National First Bank & Trust, Co, South Miami, Fla. Ins.non. &17-62 Converted to —V First National Bank South Miami, Fla. National Farmers National Bank White Deer, Tex. Nat i onal 8- 2li-6 2 Concerted to — First Bank & Trust Co White Deer, Tex. Ins.non. Consolidations, Absorptions, etc. United California Bank Los Angeles, Calif. Member 8-27-62 Farmers & Merchants Bank Blythe, Calif„ Ins. non. Merged under charter and title of — United California Bank Los Angeles, Calif. Member Connecticut Bank & Trust Co. Hartford, Conn. Member 8-27-62 Wallingford Bank & Trust Co. Wallingford, Conn. Ins. non. Merged under charter and title of — Connecticut Bank & Trust Co. Hartford, Conn, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis -3- " Class Date of Name and location of banks and branches of bank change Cons olidations, Absorptions, ctc„ (Cont*d) Central Trust Co, Orlando, Fla. Nonlnse -1-62 Citizens National Bank Orlando, Fla. National Merged under charter and title of — Citizens National Bank Orlando, Fla. National First National Bank Adams, Mass. National 8-1-62 First Agricultural National Bank of Berkshire County Pittsfield, Mas se National Consolidated under charter and title of -- First Agricultural National Bank of Berkshire County Pittsfield, Mass. National First National Bank Carteret, N. J. National 8—13—62 The Perth Amboy National Bank Perth Amboy, N. J. National Merged under charter of — The Perth Amboy National Bank and title of — Perth Amboy National Bank Perth Amboy, N. J, Nat ional Citizens Bank of Perry Perry, N. Y. Member 8-6-62 First National Bank Perry, N. Y. National Merged under charter of Citizens Bank of Perry and title of — The Bank of Perry Perry, N, Y. Member Citizens Bank & Savings Co. Leesburg, Ohio Ins. none 8-1-62 Absorbed by — Hillsboro Bank & Savings Co. Hillsboro, Ohio Member First State Bank North Lima, Ohio Ins. n on. 8-20-62 Absorbed by — Mahoning National Bank Youngstown, Ohio National Gap National Bank Gap, Pa. National 8-1-62 Fulton National Bank- Lancaster, Pa. National Merged under charter and title of — Fulton National Bank Lancaster, Pa. National Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Class I Data of Name and location of banks and branches of b?nk |change Consolidations, Absorptions, etc,, (Cont1 d) 5,179rial Bank Imperial, Pa, Ins.non. 6-20-62 'Union National Bank Pittsburgh, Pi National Merged under charter and title of — Union National Bank Pittsburgh, Pae National Lancaster County National Bank Lancaster, Pa. National 8-1-62 First National Bank & Trust Co. Mount Joy, Pa. National Merged under charter and title of — t Lancaster County National Bank Lancaster, Pa. National Second National Bank lieyersdale, Pa0 National 8-27-62 Absorbed by — Gallatin National Bank Uniontown, Pa. National National Bank & Trust Co. Schwenksvjlle, Pac National 8-1-62 Union National Bank & Trust Co. Souderton, Pa. National Merged under charter and title of — Union National Bank & Trust Co. Souderton, Pa« National Rockingham National Bank Harrisonburg, 7a. National -1-62 T Augusta-Roc kingham Bank -Jeyers Cave, V&J Ins. non. Merged under charter and title of — Rockingham National Bank Harrisonburg, TTa< National Volunt2 zy Liquidation (Except incident to absorptions, succcssioi etc.) Exchange State Bank • Lime Springs, Iox:a Nonins. 7—2—62 Change in Title or Location of Banks Merchants & Farmers Bank Attalla, Ala. Ins.non, 7-13-62 Title changed to — ^e Exchange Bank First Bank of Boca Raton Boca Raton, Fla. Ins.non. 8-31-62 Title changed to — First Bank & Trust Coe Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis -5>- Class Date of Name and location of banks and branches of bank change Chanpe in Title or Location of Banks Standard State Bank Chicago, HI. Ins.non. 6-1-62 Title changed to — Standard Bank & Trust Co. Farmers National Bank Chinook, Mont. National 8-15-62 Title changec1 to — Western Bank of Chinook National Association High Point Savings & Trust Co. High Point, N. C. Ins.non. 7-18-62 Title changed to — High Point Bank & Trust Co. Morristown State Bank Morristown, 5. D. Ins.non. 6-20-62 Title changed to —- First Security Bank Panhandle State Bank Borger, Tex. Ins.non, 8-1-62 Title changed to — Panhandle Bank & Trust Co. f Grand Avenue State Bank Dallas, Tex. Ins.non, 8-13-62 Title changed to — Grand Avenue Bank & Trust Co. First National Bank & Trust Coa of Elm Grove Elm Grove, W. Va. National 8-1-62 Title and location changed to — First National Bank & Trust Co. of Wheeling Wheeling, W. Va. Admission of State Bank to Federal Reserve Membership Hawthorne Bank of Wheaton Wheaton, 111. Ins.non. 8-8-62 Dupage County Withdrawal of State Bank from Federal Reserve Membership Spur Security Bank Spur, Tex. Insurance 8-8-62 continued Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Class Date of Name and location of banks and branches of bark change Noninsured Pank Admitted to Insurance First Wisconsin Trust Co. Milwaukee, Wis0 Ins.non, 7-26-62 Branches Established de novo (Includes branches at military and other Government establishments) First National Bank Fairbanks, Alaska National Cushman 6 Gaffney Branch Fairbanks, Alaska 6-20-62 Cushman Street & Airport Road Fourth Judicial District First Navajo National Bank Holbrook, Ariz. National Wind ov Rock Office Window Rock, Ariz. 8-15-62 Navajo Indian Reservation Apache County First National Bank Phoenix, Ariz. Rosenzweig Center Office Phoenix, Ariz. 8-13-62 3(300 North Central Avenue Maricopa County Rosenzweig Center Motor Office Phoenix, Ariz. 8-13-62 3300 North Central Avenue Maricopa County Citizens National Bank Camden, Ark. Gullendale Branch Camden, Ark. , 6-7-62 1966 Adams Avenue, S.W„ Ouachita County Citizens National Bank Los Angeles, Cslif. National Euclid-Ball Office Anaheim, Calif. 8-21-62 9U0 South Euclid Avenue Orange County Hawthorne Office Hawthorne, Calif. 8-17-62 5>91 N. Hawthorne Boulevard Los Angeles County Security First National Bank Los Angeles, Calif, South Chula Vista Branch Chula Vista, Calif. 8-21-62 $6$ "I" Street San Diego County United California Bank Los AnPeles, Calif0 Do Soto - Roscoe Office Los Angeles, Calif. 8-21-62 8220 De Soto Avenue (Canoga Park) Los Angeles County Harbor & Baker Office Costa Mesa, Calif. 8-10-62 3029 Harbor Boulevard Orange County Paradise Office Paradise, Calif. 8-10-62 6U12 Skyway Butte County Van Ness - Clay Office San Francisco, Calif. 8—2b—62 1800 Van Ness Avenue San Francisco County Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis -7- Class Date of Name and location of banks end branches of bank change BranchesEstablished do novo (Cont'd) (Includes branches at military and other Government establishments) Bank of America, N„ T. & S„Ae San Francisco, Calif. National mperial Beach Branch Imperial Beach, Calif. 8~2k-62 1101 Palm /venue San Diego County Playa Del Rey Branch Los Angeles, Calif. 8—10-62 203 Culver Boulevard (Playa Del Rey) Los Angeles County Wilshire-Fairfax Branch Los Angeles, Calif. 8-2-62 6l2u Wilshire Boulevard Los Angeles County Universal City Branch Universal City, Calif, 8-27-62 3888 Lankershim Boulevard Los Angeles County Bank of California, N. A. San Francisco, Calif. National Watt Avenue Office Sacramento County, Calife 8-31-62 26^0 Watt Avenue (Fo0. Sacramento) Crocker-Anglo National Bank San Francisco, Calif, National Santa Maria Office Santa Maria$ Calif0 8-13-62 1U93 South Broadway Santa Barbara County North Stockton Office Stockton, Calif, 8-27-62 6025 Pacific Avenue San Joaquin County Ridgefield Savings Bank Ridgefield, Conn.