l45_19460814.pdf

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CONFIDENTIAL BOARD IDF GOVERNORS OF THE FEDERAL RESERVE L.l*t5 mwvm mas saammi SYSTE lUG 1 9 W August 1 , 191C CHANGES IN STATUS OF BANKS AND BRANCHES AS Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Citizens Bank Springs State Bank Peoples Bank Belmont National Bank Citizens National Bank Michigan Avenue National Bank Bank of Homewcod Champaign County Bank & Trust Co, Fall River State Bank Cheneyville State Bank Oneway S t a t e Bank North Loup Valley Bank Fort Sill National Bank Darling ton County Bank & Trust Co * Security State Sank College Station State Sank Whitesville State Bank Oviedo f Fla, Sulphur Springs, Fla* Cleveland, Ga, Chicago, 111, Chicago, 111. Chicago, 111, Homewood, 111* Urbana, 111, Fall River, Kans* Cheneyville, La, Onaway, Mich# North Loup, Nebr. Fort Sill, Okla* Darlington, $• C, Alexandria, S* Dak. College Station, Tex, Whitesville, W. Va, Ins* nonmem* Ins, nonmem, Ins* nonmem, National National National Ins. nonmem. Ins# nonmem, Ins, nonmem. Ins, nonmem, Ins, nonmem. Uninsured National Ins* nonmem* Ins, nonmem* Member Ins, nonmem* Successions and conversions Paragon State Bank Succeeded by — Indiana Bank & Trust Co* Industrial Bank & Trust Co* Succeeded by — Industrial Bank of St. Louis Woodruff Depository Converted to ™ Woodruff State Bank First National Bank Absorbed by -• Valley National Bank 7-1-L6 7-1-146 7-1-1+6 7-1-1+6 7-20-16 7-1-1+6 7-27-1+6 7-8-1+6 7-8-16 7-1-1+6 7-27-1+6 7-1-1+6 7-1-iiC 7-15-1+6 7-1-U6 7-1-1*6 7-5-16 7-20-1+6 Paragon, Ind. Ins, nonmem. Martinsville, Ind. Ins, nonmem. St. Louis, Mo. Ins. nonmem, 7-1-1+6 St. Louis, Mo, Ins. nonmem. Woodruff, S. C, Ins. nonmem. 7-1-liC Woodruff, S. C. Ins* nonmem. Voluntary liquidations (except incident to absorptions, successions, etc.) Douglas National Bank Douglas, Wyo. National 7-15-1+6 Consolidations, absorptions, etc. Win slow, Ariz, National 7-22-1+6 Phoenix, Ariz. Netioncl Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Transcript of l45_19460814.pdf

  • CONFIDENTIAL

    BOARD IDF GOVERNORS OF THE FEDERAL RESERVE

    L.l*t5

    m w v m m a s s a a m m i S Y S T E l U G 1 9 W

    August 1 , 191C

    CHANGES IN STATUS OF BANKS AND BRANCHES AS

    Name and l oca t i on of banks and branches Class of bank Date of change

    New banks

    (excep t success ions and convers ions )

    C i t i z e n s Bank Springs S t a t e Bank Peoples Bank Belmont Nat ional Bank C i t i z e n s Nat ional Bank Michigan Avenue Nat ional Bank Bank of Homewcod Champaign County Bank & Trust Co, F a l l River S t a t e Bank Cheneyvi l le S t a t e Bank Oneway S t a t e Bank North Loup Va l l ey Bank For t S i l l Nat ional Bank Darl ing ton County Bank & Trus t Co * S e c u r i t y S t a t e Sank College Stat ion State Sank Whi t e sv i l l e S t a t e Bank

    Oviedof F la , Sulphur Spr ings , Fla* Cleveland, Ga, Chicago, 111, Chicago, 111. Chicago, 111, Homewood, 111* Urbana, 111, F a l l River , Kans* Cheneyvi l l e , La, Onaway, Mich# North Loup, Nebr. For t S i l l , Okla* Dar l ing ton , $ C, Alexandr ia , S* Dak. College S t a t i o n , Tex, Whitesv i l l e , W. Va,

    Ins* nonmem* Ins , nonmem, Ins* nonmem, Nat iona l Nat iona l Nat iona l Ins . nonmem. Ins# nonmem, Ins , nonmem. Ins , nonmem, In s , nonmem. Uninsured Na t iona l Ins* nonmem* Ins , nonmem* Member Ins , nonmem*

    Successions and convers ions

    Paragon S t a t e Bank Succeeded by

    Indiana Bank & Trust Co*

    I n d u s t r i a l Bank & Trus t Co* Succeeded by

    Industrial Bank of St . Louis

    Woodruff Deposi tory Converted to

    Woodruff S t a t e Bank

    F i r s t Nat ional Bank Absorbed by -

    V a l l e y Nat ional Bank

    7-1-L6 7-1-146 7-1-1+6 7-1-1+6 7-20-16 7-1-1+6 7-27-1+6 7-8-1+6 7-8-16 7-1-1+6 7-27-1+6 7-1-1+6 7-1-iiC 7-15-1+6 7-1-U6 7-1-1*6 7-5-16

    7-20-1+6 Paragon, Ind. Ins, nonmem.

    Mart insv i l l e , Ind. Ins, nonmem.

    St. Louis, Mo. Ins. nonmem, 7-1-1+6

    S t . Louis, Mo, Ins. nonmem.

    Woodruff, S. C, Ins. nonmem. 7-1-liC

    Woodruff, S. C. Ins* nonmem.

    Voluntary l iquidat ions

    (except inc ident to absorptions, success ions , e t c . )

    Douglas National Bank Douglas, Wyo. National 7-15-1+6

    Consolidations, absorptions, e t c .

    Win slow, Ariz, National 7-22-1+6

    Phoenix, Ariz. Netioncl

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

  • -*2-

    Narne and l o c a t i o n of banks and branches Class of bank I Late of j change

    Conso l ida t ions , absorptions, e t c . - Cont'd

    Middlesex County National Bank F i r s t Nat ional Bank

    These two banks conso l ida ted under c h a r t e r and t i t l e of

    Middlesex County Nat ional Bank

    Everett , Mass, Reading, Mass,

    Cherry Creek Nat ional Bank Absorbed by

    Nat ional Chautauqua County Bank

    F i r s t Nat ional Bank Absorbed by - -

    Oneida Nat ional Bank & Tr . Co.

    C i t i z e n s Bank F i r s t Nat ional Bank Shuford Nat ional Bank

    These th ree banks conso l ida ted under c h a r t e r of F i r s t Nat ional Bank of Hickory and under t i t l e of

    F i r s t Nat ional Bank of Catawba County

    Bank of Hickory Absorbed by ~

    Northwestern Bank

    H. S. B a t t l e s Bank Absorbed by -~

    Girard Nat ional Bank

    E v e r e t t , Mass,

    Cherry Creek, N. Y.

    Jamestown, N# Y.

    New Hartford, N. Y.

    Ut ica , N. Y.

    Conover, N C* Hickory, N. C. Newton, N. C.

    Hickory, N. C.

    Hickory, N. C.

    North Wilkesboro,

    G i r a rd , Pa.

    G i r a r d , Pa,

    F i r s t Nat ional Bank Peop le s -P i t t sbu rgh Trus t Co#

    These two banks conso l ida t ed under charter of F i r s t Nat ional Bank and under t i t l e of

    Peoples F i r s t Nat ional Bank

    P i t t s b u r g h , Pa. P i t t s b u r g h , Pa.

    & Trus t Co#

    * ta te Bank of Edmonds Absorbed by -

    Nat iona l Bank of Commerce

    P i t t s b u r g h , Pa.

    Edmonds, Wash.

    S e a t t l e , Wash.

    Nat iona l Nat ional

    Nat ional

    Nat ional

    Nat iona l

    Nat ional

    National

    Ins . nonmem. Nat iona l Nat ional

    Nat ional

    I n s . nonmom.

    N.C. In s . nonmem.

    Uninsured

    Nat iona l

    Nat ional Member

    National

    I n s . nonmexn.

    Nat iona l

    7-I5-I4.0

    7-1-L6

    7-1-L6

    7-1-1

    7-1-1*6

    7-20-^6

    7-1-U6

    7-22-l|C

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

  • - 3 -

    Name and l oca t i on of banks and branches Class of bank Date of

    change

    Admissions of S t a t e banks to Federal Reserve membership

    Ripley County Bank Osgood, Ind. I n s . nonmem. State Bank of Bamum Bamum* Minn, Ins nonmem. 7~ 1 -uC C i t i z e n s S t a t e Bank Tupelo, Miss, Ins . nonmem, /I -iUo South Shore Trust Co# Rockvil le Cent re , N. Y. I n s , nonmem. 7-17-LC Custar S ta te Bank Co. Cus ta r , Ohio Ins . nonmem. 7-29-L': Peoples Bank Dayton, Ohio I n s . nonmem. 7 -17 -W Bank of Glassport Glasspor t , Pa, I n s . nonmem. 7-22-1.6 Milton Bank & Safe Deposi t Co. Mil ton , Pa, Ins . nonmem. 7-26-L6 Pee Dee S t a t e Bank Timmonsville, S.C. Ins . nonmem. 7-16-W. Bank of Northumberland H e a t h s v i l l e , Va. Ins * nonmem. 7 -19 -U S t a t e Bank of Madison Madison, Va, Ins . nonmem. 7~29^L6

    Withdrawals of S t a t e banks from Federal Reserve membership

    Farmers & Merchants Bank Mt. P l e a s a n t , Tenn, I n s . con-t inued 7-26-lt6

    Changes in name or l oca t i on

    GoIdfield S t a t e Bank & Trust Co. Goldf ie ld , Iowa Member 7-22-L6 Name changed to

    Goldfield S ta t e Bank

    Morris Plan I n d u s t r i a l Bank L o u i s v i l l e , Ky, Ins , nonmem. 7-2-Z46 Name changed to

    Bank of L o u i s v i l l e

    Worcester Morris Plan Banking Co* Worcester , Mass, Ins , nonmem. Name changed to

    Industrial City Bank & Banking Co.

    Morris Plan Banking Co. S p r i n g f i e l d , Mass, I n s . nonmem. 7-19-a_ Name changed to

    S e c u r i t y Banking Co.

    Morris Plan I n d u s t r i a l Bank Syracuse, H, Y# Ins , nonmem. 7~8~l6 Name changed t o - *

    I n d u s t r i a l Bank of Cen t r a l New York

    Washington County Bank Name changed to

    Commercial Bank

    Banks, Ore, Ins, nonmem.

    Bank of Sellwood Name changed t o - -

    Mo reland-S1Iwood Bank

    Portland, Ore. Ins. nonmem. 7-2h-b

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

  • -u-

    Name and l o c a t i o n of banks end branches Class of bank Date of change

    Changes in name or l o c a t i o n - Cont 'd

    S i r a rd Nat ional Bank Name changed to

    Girard B a t t l e s Nat ional Bank

    S e c u r i t y S t a t e Bank Location changed to

    Gi ra rd , Pa.

    Alexandria , S. Dak# Emery, 3. Dak.

    F i r s t & Lumbermen's Nat ional Bank Chippewa F a l l s , Wis. Name changed t o -

    F i r s t Nat ional Bank

    Nat ional

    Nat ional

    7-20-L6

    Ins# nonmen. 7-1-L6

    ^1~L6

    Branches e s t a b l i s h e d (excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s b u t inc luding

    banks converted into branches)

    Miners & Merchants Bank Benson Branch

    (De novo)

    Bisbee, Ar i z . Benson, Ar iz .

    I n s . nonmem#

    Nat ional V a l l e y Naticn&l Bank Phoenix, Ariz# Y< in slow Branch Yf in slow, Ariz

    (Formerly F i r s t Nat ional Bank)

    Bank of America, N, T. & S. A. San Franc i sco , C a l i f . Nat ional Paradise Branch

    (De novo)

    Bank of Commerce & Savings Brightwood Branch

    (De novo)

    Farmers Bank Michigan town Branch

    (De novo)

    Indiana Bank & Trus t Co# Paragon Branch

    (De novo)

    F i r s t Bank k Trust Co* River Park Branch

    (De novo)

    P a r a d i s e , C a l i f .

    Washington, D. C, Ins . nonmem. 6li?li Georgia Avenue, N. W.

    Frankfort, Ind# Michigan town, Ind*

    M a r t i n s v i l l e , Ind. Paragon, Ind.

    South Bend, Ind. South Bend, Ind.

    Ins . nonmem.

    Ins# nonmem*

    Member

    7-11-46

    7-22-1+6

    7-29-1+6

    7-22-1+6

    7-8-1+6

    7-20-1+6

    7-13-1+6

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

  • - 5 -

    Name and l o c a t i o n of banks and branches Class of bank " T Date of change

    )ranche& e s t i b l i s h e d - Cort^d (excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s b u t inc luding

    banks conver ted i n t o branches)

    Nat ional Bank & Trust Co. River Park Branch

    (D? x^vo)

    C i t i z e n s Savings Bank * o - t Atkinson Branch

    (De novo)

    Louisiana Nat ional Bank North Baton Rouge Branch

    (De novo)

    Eas tern Trust & Banking Co. C i ty Branch

    (De novo)

    Rumford F a l l s Trus t Co. Canton Branch

    (De novo)

    C i t i z e n s Bank Bladensburg Branch

    (De novo)

    Middlesex County Nat ional Bank Reading O f f i c e

    South Bend, Ind. 2929 Mishawaka Ave.

    S p i l l v i l l e , Iowa For t Atkinson, Iowa

    Baton Rouge, La. 3300 Weller Avenue North Baton Rouge, La.

    Bangor, Me. 87 Cen t ra l S t r e e t

    Rumford, Me. Canton, Me,

    R ive rda le , Mdy Bladensburg, Md,

    E v e r e t t , Mass, 198 Haven S t r e e t

    (Formerly F i r s t Nat ional Bank) Reading, Mass.

    Newton Savings Bank Wel ies ley Branch

    (De novo)

    Newton, Mass. Wel les ley , Mass,

    Nat ional

    In s . nonmem.

    Nat ional

    Uninsured

    Ins* nonmem.

    Ins . nonmem.

    National

    Uninsured

    National I n d u s t r i a l Nat iona l Bank-Detroi t D e t r o i t , Mich. Fenkell-Lesure Branch %37li5 Fenkell Ave,

    (De novo)

    Provident I n s t i t u t i o n f o r Savings J e r s ey City, N, J , In s . nonmem, L a f a y e t t e O f f i c e Communipaw & P a c i f i c Ave,

    (De novo)

    Er ie County Savings Bank Broadway O f f i c e

    (De novo)

    B u f f a l o , N. Y, 9I4O Broadway

    Ins# nonmem.

    7-15-L6

    7-16-46

    7 -1 -^6

    7 - 1 5 ^ 6

    7~rl-i*x->

    7 ~ i 5 ^ e

    7l- i i6

    6-6-L0

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

  • ~6-

    Name and l o c a t i o n of banks and branches Class of bank Date of change

    Branches e s t a b l i s h e d - Cont 'd (excluding o f f i c e s a t m i l i t a r y r e s e r v a t i o n s b u t inc lud ing

    banks converted i n t o b ranches )

    Manufacturers & Traders Tr. Co, Cheektowsga Off ice

    (Denovo)

    Buf fa lo . N. Y. Cheektowaga, N. Y.

    National Chautauqua County Bank Jamestown* N. Y. Cherry Creek Branch Cherry Creek, N. Y

    (Formerly Cherry Creek Nation-a l Bank)

    Bank f o r Savings in C i t y of Hew York

    Broadway Branch (D@ novo)

    Broadway Savings Bank Chelsea Branch

    (De novo)

    Greenwich Savings Bank 5?th S t r e e t O f f i c e

    (De novo)

    Guaranty Trus t Co# Rockefe l l e r Center O f f i c e

    (De novo)

    Nat iona l C i ty Bank Po r t of Embarkation Branch

    (De novo)

    Oneida Nat ional Bank & Tr. Co* New Her t ford Branch

    New York, N, Y. 2360 Broadway

    New York, N. Y. 25k West 2)rd St .

    New York/ N. Y. 2 West 57th S t r e e t

    New York, N. Y, I4O Rockefe l l e r Plaza

    New York, N. Y. F i r s t Ave. & $8th St#

    Utica , N. Y, U3 Genesee S t r e e t

    (Formerly F i r s t Nat ional Bank) New Har t fo rd , N. Y*

    F i r s t National Bank of Catawba County

    Conover Branch (Formerly Cit izens Bank)

    Newton Branch Newton, N. C. (Formerly Shuford National Bank)

    Hickory, N. C. Conover, N. C.

    Member

    Nat ional

    Ins. nonmem.

    Ins, nonmem.

    I n s , nonmem.

    Member

    Nat ional

    Nat ional

    Nat ional

    7-1 -16

    7 -1 -L6

    7-5 -46

    3-15-^6

    6-27-16

    7-2-U6

    7-1-1*6

    7-1-Ub

    7-1-U6

    7-1-1+6

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

  • -7 -

    Name and loca t ion of banks and branches Class of bank | Dt to of cnange

    Branches e s t ab l i shed - Cont*d (excluding o f f i c e s at m i l i t a r y r e se rve t ions bu t including

    banks converted in to branches)

    Northwestern Bank Hickory Branch

    {Formerly Bank of Hickory)

    Peoples F i r s t National Bank & Trust Co.

    Fourth Avenue Branch (De novo)

    North Wilkesboro, N. C* Hickory, !I. C.

    P i t t sbu rgh , Pa. Fourth Ave, & Wood St.

    Ins . nonmem.

    National

    7 - l - U

    7-l-i+o

    Hamilton National Bank Brainerd Branch

    (De novo)

    National Bank of Commerce Edmonds Branch

    Chattanooga, Tonn. 3200 Brainerd Road

    R t a # B&nk of Edmonds)

    S e a t t l e , Wash. Edmonds, Wash#

    National

    National

    Branches acquired by absorpt ion or purchase

    Peoples F i r s t National Bank & Trust Co.

    Eas t End Branch Lawrenceville Branch North Side Brtnch Oakland Branch South Side Branch Squ i r r e l Hi l l Bormont Branch

    Etna Err rich

    P i t t sbu rgh , Pa. 6000 Penn Avenue L i s t oc But le r Street 52U Federal S t r e e t Forbes & Meyran S t r e e t s 1736 Carson Street 5610 Forbes S t r e e t 2882 We L ibe r ty S t r e e t

    Dormont, Pa, li35 Butler S t r e e t

    Etna, Pa.

    National

    (Formerly branches of Peoples*Pit tsburgh Trust Co., which consol idated with F i r s t National Bank, under t i t l e of Peoples f i r s t Nat ional B_nk & Trust Co.)

    7-1-14.6

    7-22-L6

    7-1-L6 7-1-L6 7-1-iio 7-1-Lo 7-1-L6 7-1-iiv 7-1-L6

    7-I -L6

    Branches discont inued

    Secur i ty State Bank Alexandria , Sr Dak# Ins. nonmem. Emery Branch Emery, S. Dak. 7-1-L6

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

  • -8 .

    Name and loca t ion of banks and branches Class of bank Date of change

    Branches or o f f i c e s a t m i l i t a r y reservations d iscont inued

    American Trust Co* Pres id io of San Francisco

    %-nk of America, N, T. & 3* A, U, S. Naval Hospital

    First National Bank U. S. Naval Ammunition Depot

    San Francisco, C a l i f , San Francisco, Cal i f .

    San Francisco, Ca l i f . Santa Margarita Ranch Oceanslde, C a l i f ,

    Bloomington, Ind* Crane, Ind*

    National Newark & Essex Banking Co, Newark, N* J* Newark Army Air Base Newark, N* J#

    Member

    National

    National

    National

    Peninsula Bank & Trust Co, Naval Construction Training Center

    Williamsburg, Va* Member

    Camp Peary, Va*

    Changes in name or loca t ion of branches

    Bank of America, N* T. & S* A* Yorba Linda Branch

    Mjved from Moved to

    Bronx County Trust Co, Wakefield Of f i ce

    Moved from Moved to

    S&n Francisco, C a l i f , National Yorba Linda, C a l i f .

    260 North Main St . L802 South Main St,

    New York, N. Y, Member

    L201 % i t e Plains Ave* ?16 East 2))rd St .

    Corrections

    7-51-16

    7-3 l - W

    7-31-46

    7 - ) l - L 6

    7-13-L6

    7-19-46

    The statement covering the month ended May ) 1 , I9W reported the First Stat*. Bank, Wenona, I l l i n o i s , as having been succeeded by Wnona State Bank, Wenone, I l l i n o i s , on May 1L# 19&6. .\dvice haa now been received that the First State Bank was placed in voluntary l iquidation and that Wenona State Bank i s & new bank.

    The statement covering the month ended June ) 0 , 19W reported the Union Avtmuo Branch of the First P&terson National Bank & Trust Co*, Patcrson, N$ J** 'ir cptn** lag for business on 1, 1946* Advice has now been received t h a t thlr I'rwicb has not yet opened*

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