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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications Received, or Acted on, by the Board
During the Week Ended April 9, 1966

H. 2

No. 15
District

Date
Current Report Filed Pursuant to Section 13
of the Securities Exchange Act

Received

1

State Street Bank and Trust Company, Boston, Massachusetts.

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2

The County'Trust Company, White Plains, New York.

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2

Manufacturers Hanover Trust Company, New York, New York.

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4

The Lorain County Savings and Trust Company, Elyria, Ohio,

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4

The Provident Bank, Cincinnati, Ohio,

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7

The Northern Trust Company, Chicago, Illinois.

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* * * * *

10

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received
Citizens Bank of Ada, Ada, Oklahoma•

2

Approved
The First National Bank of Spring Valley, on behalf of
The First State Bank of Spring Valley, Spring Valley,
New York.

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2

The Fallkill National Bank and Trust Company of
Poughkeepsie, on behalf of The Fallkill Bank and
Trust Company, Poughkeepsie, New York,

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5

The Blueville Bank of Grafton, Grafton, West Virginia.

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* * * • * *

H. 2
No. 15

12

-2To Withdraw from Membership in the Federal Reserve
System Pursuant to Section 9 of the Federal Reserve Act
Received
Commercial Security Bank, Ogden, Utah.

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* * * * *

2

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Long Island Trust Company, Garden City, New York.
Branch at Commack and Nicolls Roads, Deer Park
(unincorporated area), Town of Babylon, Suffolk
County.

4-4-66

12

United California Bank, Los Angeles, California.
Branch in vicinity of Blackstone Avenue and
Garland Avenue, Fresno.

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12

United California Bank, Los Angeles, California.
Branch in vicinity of North First Street and Gish
Road, San Jose,

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12

Wells Fargo Bank, San Francisco, California.
Branch in Danville, Contra Costa County.

4- 4-66

12

Wells Fargo Bank, San Francisco, California,
Branch in downtown area of Sonora, Tuolumne County.

4- 4-66

1

Approved
Quincy Trust Company, Ouincy, Massachusetts.
Branch at 845 Granite Street, Braintree,

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1

Rhode Island Hospital Trust Company, Providence,
Rhode Island, Branch at southwest corner of intersection of Kingston Road and Main Street, Wakefield.

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1

State Street Bank and Trust Company, Boston, Massachusetts.
Branch at Beacham Street Extension and Overmyer Place,
Chelsea.

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H. 2
No. 15
1

Approved (cont'd)
Valley Bank and Trust Company, Springfield, Massachusetts,,
Branch at 32 Fort Pleasant Avenue, Springfield.

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2

Bankers Trust Company, New York, New York.
Branch at corner of 49th Street and Grand
Avenue, Maspeth, Borough of Queens, New York.

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2

Lewis County Trust Company, Lowville, New York.
Branch at 414-418 State Street, Village of Carthage,
Jefferson County.

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2

Long Island Trust Company, Garden City, New York.
Branch at Commack and Nicolls Roads, Deer Park
(unincorporated area), Town of Babylon, Suffolk
County.

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.2

Manufacturers Hanover Trust Company, New York, New York.
Branch at 485 Lexington Avenue, New York.

4- 8-66

2

Manufacturers Hanover Trust Company, New York, New York.
Branch in Baldwin Harbor Shopping Center, Baldwin
Harbor, Nassau County.

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2

Manufacturers and Traders Trust Company, Buffalo, New York.
Branch at 2101 Elmwood Avenue, Buffalo.

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2

Marine Midland Trust Company of Rockland County, Nyack,
New York. Branch at No. 5 Fairview Avenue, Incorporated
Village of Spring Valley, Town of Ramapo, Rockland
County.

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2

Marine Midland Trust Company of Western New York,
Buffalo, New York. Branch at intersection of
Chestnut Ridge Road and Rochester Road, Town of
Lockport (unincorporated area), Niagara County.

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2

Marine Midland Trust Company of Western New York,
Buffalo, New York. Branch (drive-in facility) at 342
East Center Street, Village of Medina, Orleans County.

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2

Marine Midland Trust Company of Western New York,
Buffalo, New York. Branch (limited purpose) at 32
Main Street, Village of Hamburg, Erie County.

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H. 2
No. 15

2

~4~
Approved (cont!d)
Schenectady Trust Company, Schenectady, New York,
Branch in the County Line Shopping Center,
Route 7, Colonie.

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4

The Richland Trust Company, Mansfield, Ohio.
Branch at 250 South Main Street, Mansfield.

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8

Worthen Bank and Trust Company, Little Rock, Arkansas.
Branch at West 12th Street and University Avenue,
Little Rock.

4- 4-66

* * * * *

To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Approved
Springville Banking Company, Springville, Utah,
for prior approval to merge with State Bank of
Provo, Provo, Utah, under the charter of Springville
Banking Company and title of Central Bank and Trust
Company.

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* * * * *

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company Act of 1956
Approved
BT New York Corporation, New York, New York, for prior
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approval to become a bank holding company through the
acquisition of all of the outstanding voting shares of
the following New York banks: Bankers Trust Company,
New York; First Trust Company of Albany, Albany; The First
State Bank of Spring Valley, Spring Valley, proposed
successor by conversion of The First National Bank of
Spring Valley; and The Fallkill Bank and Trust Company,
Poughkeepsie, proposed successor by conversion of The
Fallkill National Bank and Trust Company of Poughkeepsie.




H. 2
No# 15
2

-5Approved (cont'd)
Charter New York Corporation, New York, New York, for
prior approval to become a bank holding company through
the acquisition of all of the outstanding voting shares
of Irving Trust Company, New York, New York, and at
least 80 per cent of the outstanding voting shares of
The Merchants National Bank & Trust Company of Syracuse,
Syracuse, New York.

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* * * * *

5

To Expand a Bank Holding Company Pursuant to
Section 3(a)(2) of the Bank Holding Company Act of 1956
Received
United Virginia Bankshares Incorporated, Richmond, Virginia, 3-30-66
for prior approval to acquire at least 90 per cent of the
voting shares of Rockbridge Bank & Trust Company,
Lexington, Virginia, a proposed new bank into which would
be merged Rockbridge National Bank of Lexington,
Lexington, Virginia,
*

2

2

* * * *

For a Voting Permit Pursuant to Section 5144
of the Revised Statutes
Received
BT New York Corporation, New York, New York, a proposed
holding company affiliate, for permit to vote shares to
be owned or controlled, directly or indirectly, of
Bankers Trust Company, New York, New York, First Trust
Company of Albany, Albany, New York, The First State
Bank of Spring Valley, Spring Valley, New York, and
The Fallkill Bank and Trust Company, Poughkeepsie, New
York,
Charter New York Corporation, New York, New York, a proposed holding company affiliate, for permit to vote
shares to be owned or controlled, directly or indirectly,
of Irving Trust Company, New York, New York, and The
Merchants National Bank & Trust Company of Syracuse,
Syracuse, New York.




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