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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended April 20, 1968.
H.2
No. 16

District

2

Date
Current Report Filed Pursuant to Section 13
of the Securities Exchange Act
Received
Chemical Bank New York Trust Company, New York,
New York, (March 1968)
* * * * *

To Withdraw from Membership in the Federal Reserve
System Pursuant to Section 9 of the Federal Reserve Act
Received
Hoyleton State and Savings Bank, Hoyleton, Illinois.
Approved
Hoyleton State and Savings Bank, Hoyleton, Illinois.
* * * * *

1

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Depositors Trust Company, Augusta, Maine.
Branch at 467 Snbattus Street, Lewiston.

2

Bankers Trust Company, New York, New York.
Branch in the Midway Shopping Center, on the
west side of Central Park Avenue (unincorporated
area), Town of Greenburg, Westchester County.

7

Glenwood State Bank, Glenwood, Iowa.
Branch in Pacific Junction,




4-15-68

H.2
No. 16

-2Received (contf d)
Grant County Bank, Silver City, New Mexico,
Branch in Tyrone Townsite, Tyrone,

11
12

I Jells Fargo Bank, San Francisco, California.
Branch at southeast corner of West Lodi
Avenue and South Church Street, Lodi.
Approved
*The Fidelity Bank, Philadelphia, Pennsylvania.
Branch at 720 MacDade Boulevard, Borough of
Collingdale, Delaware County.

3

5

*South Boston Bank and Trust Company, South Boston,
Virginia. Branch at intersection of U. S. Highway 501
and State Highway 129, Halifax County.

5

**The Vienna Trust Company, Vienna, Virginia.
Branch in Tysons Corner Center near intersection
of Routes 123 and 7, Fairfax County.

11

^"Southern Arizona Bank & Trust Company, Tucson, Arizona.
Branch at 4400 East Broadway, Tucson.

12

*\'Jells Fargo Bank, San Francisco, California.
Branch in the vicinity of Chester Avenue and
25th Street, City of Bakersfield, Kern County.

12

*Wells Fargo Bank, San Francisco, California,
Branch in the vicinity of Hawthorne Boulevard
and Carson Street, Torrance, Los Angeles County,
* * * * *

To Carry Reduced Reserves Pursuant to
Section 19 of the Federal Reserve Act
Approved
Republic National Bank of California,
Los Angeles, California.

12

4-12-68

* * * * *

*
**

Application processed by the Federal Reserve Bank on behalf of the
Board of Governors under delegated authority.
Application processed by the Director of the Division of Examinations
on behalf of the Board of Governors under delegated authority.







To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act:
Received
Virgin Islands National Bank, Charlotte Amalie,
St. Thomas, Virgin Islands. Branch in Cruz
Bay Town, St. John.
Union Bank, Los Angeles, California.
Branch in Nassau, Bahamas.
* * * * *

To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Approved
The Bank of Virginia, Richmond, Virginia, for
prior approval to merge The Peoples Bank of
White Stone, White Stone, Virginia, under
the charter and title of The Bank of Virginia.
The Bank of Virginia, Richmond, Virginia, for
prior approval to merge The Peoples Bank of
Reedville, Reedville, Virginia, under the
charter and title of The Bank of Virginia.
* * * * *

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Approved
Virginia Commonwealth Bankshares, Inc., Richmond,
Virginia, for prior approval of the acquisition
of 100 per cent of the voting shares of The First
Colonial Bank, Virginia Beach, Virginia, a proposed
new bank.
The Marine Corporation, Milwaukee, Wisconsin, for
prior approval of the acquisition of 80 per cent
or more of the voting shares of Germantown State
Bank, Germantown, Wisconsin.
* * * * *