Full text of H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received : August 31, 1968

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended August 31, 1968.
H. 2
N o . 35
District

2

Date
Current Report Filed Pursuant to Section 13
of the Securities Exchange Act
Received
Hempstead Bank, Hempstead, New York.
(August 1968)

8-27-68

* * * * *

8
12
8

To Withdraw from Membership in the Federal Reserve
System Without a Six Month Notice as Prescribed by
Section 9 of the Federal Reserve Act
Received
Bank of Lake Village, Lake Village, Arkansas.
Coast Bank, Long Beach, California.
Approved
Bank of Lake Village, Lake Village, Arkansas.
* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
American Bank & Trust Company, New York, New York,
Branch at 185 Montague Street, Brooklyn, New York.
Chemical Bank New York Trust Company, New York, New
York. Branch on the west side of the Avenue of the
Americas between 49th Street and West 50th Street,
New York,
2




Irving Trust Company, New York, New York.
Branch at 1100 Third Avenue at the corner
of 65th Street, New York.

H. 2
No. 35
4

-2Received (contfd)
The Cleveland Trust Company, Cleveland, Ohio,
Branch at the southeast corner of Lake Shore
Boulevard and East 264th Street, Euclid,

7

Irwin Union Bank and Trust Company, Columbus,
Indiana. Branch near the intersection of U. S, 31
and 17th Street, Columbus.

7

Liberty State Bank, Hamtramck, Michigan.
Branch at 16673 East Fifteen Mile Road, Clinton
Township, Macomb County.

12

United California Bank, Los Angeles, California.
Branch in the vicinity of Madison Avenue and
Auburn Boulevard, unincorporated community,
Sacramento County.

5

12

Approved
^Peninsula Bank and Trust Company, Williamsburg,
Virginia. Branch at the intersection of Prince
George and North Henry Streets, Williamsburg.
^Washington Trust Bank, Spokane, Washington.
Branch within 3 blocks of the intersection of
Thirtieth Avenue and Grand Boulevard, Spokane,
Spokane County.
* Ye * * *

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
Chemical Bank New York Trust Company, New York, New
York. Branch in Nassau, Bahamas.
First National City Bank, New York, New York.
Branch in Panama, to be located in Changuinola.
First National City Bank, New York, New York.
Branch in Panama,
* Application processed by the Federal Reserve Bank on behalf of the
Board of Governors under delegated authority.







Received (cont'd)
Franklin National Bank, Mineola» New York.
Branch in Nassau, New Providence, the Bahamas.
Manufacturers Hanover Trust Company, New York,
New York. Branch in Frankfurt, Germany.
Bank of America National Trust and Savings
Association, San Francisco, California. Branch
in Buenos Aires, Argentina, to be located in
Plaza San Martin.
* * * * *

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Received
First at Orlando Corporation, Orlando, Florida,
for prior approval of the acquisition of at
least 80 per cent of the voting shares of
Central Brevard National Bank at Cocoa, Cocoa,
Florida.
Approved
Valley Bancorporation, Appleton, Wisconsin, for
prior approval of the acquisition of 80 per cent
or more of the voting shares of Seymour State
Bank, Seymour, Wisconsin.