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ANNOUNCEMENT BY
BOARD OF GOVERNORS.OF THE FEDERAL RESERVE SYSTEM
H.2
A p p l i c a t i o n s and R e p o r t s Received o r Acted on
1970 - No. 14
During t h e Week Ended A p r i l 4 , 1970.
District

2

Date
C u r r e n t Report F i l e d P u r s u a n t t o S e c t i o n 13 of
t h e S e c u r i t i e s Exchange Act
Received
The Schenectady T r u s t Company, S c h e n e c t a d y ,
New York.

8

M a n u f a c t u r e r s Bank & T r u s t Company of S t . L o u i s ,
St. Louis, Missouri.

4 - 2-70
4 - 2-70

A A * * A

2

To E s t a b l i s h a Domestic Branch P u r s u a n t t o
S e c t i o n 9 of t h e F e d e r a l Reserve Act
Received
M a n u f a c t u r e r s and T r a d e r s T r u s t Company, B u f f a l o ,
New York. Branch a t 1100 Wehrle D r i v e , Amherst,
E r i e County.

3

Bordentown Banking Company, Bordentown, New J e r s e y .
Branch on Route 206 n e a r t h e Columbus Shopping C e n t e r ,
s o u t h of Columbus, S p r i n g f i e l d Township, B u r l i n g t o n
County.

5

U n i t e d V i r g i n i a B a n k / S t a t e P l a n t e r s , Richmond, V i r g i n i a .
Branch a t t h e i n t e r s e c t i o n of Parham and Q u i o c c a s i n
Roads, H e n r i c o County.

6

Savannah Bank & T r u s t Company of Savannah, Savannah,
G e o r g i a . Branch a t t h e c o r n e r of Largo D r i v e and
Abercorn S t r e e t e x t e n s i o n i n Chatham County.

7

T r e n t o n S t a t e Bank, T r e n t o n , M i c h i g a n .
Branch a t North Monroe S t r e e t , U. S. 2 5 , Frenchtown
Township, Monroe County.

8

C i t i z e n s F i d e l i t y Bank and T r u s t Company, L o u s i v i l l e ,
K e n t u c k y . Branch i n t h e Trade Winds South Shopping
C e n t e r l o c a t e d on P r e s t o n Highway n e a r t h e i n t e r s e c t i o n
of Blue Lick Road, J e f f e r s o n County.

12

U n i t e d C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a .
Branch i n t h e v i c i n i t y of Broadway and C e n t r a l Avenues,
C i t y of G l e n d a l e , Los Angeles County.




H.2
No. 14
1
2

-2Approved
*Naumkeag T r u s t Company? Salem, M a s s a c h u s e t t s .
Branch a t L a f a y e t t e S t r e e t and L o r i n g Avenue, Salem.
^ P e o p l e s T r u s t of New J e r s e y , Hackensack $ New J e r s e y .
A u x i l i a r y b r a n c h a t t h e n o r t h e a s t c o r n e r of Lemoine
Avenue and South M a r g i n a l Road, F o r t L e e .

4

**The Farmers and C i t i z e n s Bank, Trotwood, Ohio.
Branch a t 816 E. Main S t r e e t , Trotwood, Montgomery
County.

5

*The A n n a p o l i s Banking and T r u s t Company, A n n a p o l i s ,
Maryland. Branch a t R i d g l e y and T a y l o r Avenues,
A n n a p o l i s , Anne Arundel County.

12

2

^ U n i t e d C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a .
Branches i n t h e f o l l o w i n g l o c a t i o n s :
A.

Southwest c o r n e r of Van Ness Avenue and F r e s n o
S t r e e t , F r e s n o , F r e s n o County;

B.

V i c i n i t y of Manchester Avenue and Garden Grove
Freeway, C i t y of Orange, Grange County; and

C.

V i c i n i t y of W e s t l a k e and Thousand Oaks B o u l e v a r d s ,
C i t y of Thousand Oaks, V e n t u r a County,

Withdrawn
Commercial T r u s t Company of New J e r s e y , J e r s e y C i t y ,
New J e r s e y . Branch a t 1141 R i v e r Road between Rambler
Avenue and New Bridge Road, New M i l f o r d , Bergen County.
* A A A*

* A p p l i c a t i o n approved by Reserve Bank on b e h a l f of t h e Board of Governors
under d e l e g a t e d a u t h o r i t y .
** A p p l i c a t i o n approved by t h e A c t i n g D i r e c t o r of t h e D i v i s i o n of S u p e r v i s i o n
and R e g u l a t i o n on b e h a l f of t h e Board of Governors und e r d e l e g a t e d
authority.







To Form a Bank Holding Company P u r s u a n t t o
S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company
Act of 1956
Received
The Waccamaw C o r p o r a t i o n , W h i t e v i l l e , North C a r o l i n a ,
f o r p r i o r a p p r o v a l t o become a bank h o l d i n g company
through t h e a c q u i s i t i o n of 100 p e r cent ( l e s s
d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s
of t h e s u c c e s s o r by merger of American Bank and T r u s t
Company, Monroe, North C a r o l i n a .
Approved
C e n t r a l Colorado Bancorp, I n c . , Colorado S p r i n g s ,
C o l o r a d o , f o r p r i o r a p p r o v a l t o become a bank h o l d i n g
company through t h e a c q u i s i t i o n of 67 p e r c e n t o r more
of t h e v o t i n g s h a r e s of The C e n t r a l Colorado Bank and
The Academy Boulevard Bank, b o t h i n Colorado S p r i n g s ,
Colorado.
*

*

*

*

*

To Expand a Bank Holding Company P u r s u a n t t o
S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Holding Company
Act of 1956
Received
F i r s t V i r g i n i a Bankshares C o r p o r a t i o n , A r l i n g t o n ,
V i r g i n i a , f o r p r i o r a p p r o v a l t o a c q u i r e 90 p e r
cent o r more of t h e v o t i n g s h a r e s of F i r s t A t l a n t i c
Bank, Hampton 9 V i r g i n i a .
Atlantic Bancorporation, Jacksonville, Florida, for
p r i o r a p p r o v a l t o a c q u i r e n o t l e s s t h a n 60 p e r c e n t
of t h e v o t i n g s h a r e s of The A t l a n t i c Bank of O r l a n d o ,
O r l a n d o , F l o r i d a 9 a p r o p o s e d new b a n k .
B a r n e t t Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a ,
f o r p r i o r a p p r o v a l t o a c q u i r e 64.67 p e r c e n t of t h e
v o t i n g s h a r e s of C i t y N a t i o n a l Bank and T r u s t Company,
Clearwater, Florida.
Bren to n Banks 3 I n c . , Des Moines, Iowa, f o r p r i o r a p p r o v a l
t o a c q u i r e 80 p e r c e n t or more of t h e v o t i n g s h a r e s of
The F i d e l i t y Savings Bank, M a r s h a l l t o w n , Iowa.

H.2

No. 14
Apptoved
C h a r t e r New York C o r p o r a t i o n , New York, New York, f o r
p r i o r a p p r o v a l t o a c q u i r e a l l of t h e v o t i n g s h a r e s of
Ogdensburg T r u s t Company, Ogdensburg, New York.
C h a r t e r Bankshares C o r p o r a t i o n , J a c k s o n v i l l e , F l o r i d a ,
f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t or more of
t h e v o t i n g s h a r e s of The Commercial Bank of G a i n e s v i l l e ,
Gainesville, Florida.
C h a r t e r Bankshares C o r p o r a t i o n 3 J a c k s o n v i l l e , F l o r i d a ,
f o r p r i o r a p p r o v a l t o a c q u i r e 52 p e r c e n t o r more of
t h e v o t i n g s h a r e s of The Exchange Bank of P a l a t k a ,
Palatka, Florida.
C h a r t e r Bankshares C o r p o r a t i o n , J a c k s o n v i l l e , F l o r i d a ,
f o r p r i o r a p p r o v a l t o a c q u i r e 52 p e r c e n t or more of
t h e v o t i n g s h a r e s of C i t i z e n s Bank of Lehigh A c r e s ,
Lehigh A c r e s , F l o r i d a .
6




F i r s t at Orlando C o r p o r a t i o n , Orlando, F l o r i d a , f o r
p r i o r a p p r o v a l t o a c q u i r e a t l e a s t 80 p e r c e n t of
t h e v o t i n g s h a r e s of C i t i z e n s Bank of G a i n e s v i l l e ,
Gainesville, Florida.
*

*

*

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