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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 Applications and Reports Received or Acted on 1970 - N o . 31 During the Week Ended August 1, 1970. District 2 Date Current Report Filed Pursuant to Section 13 of the Securities Exchange Act Received The Bank of New Jersey, Camden, New Jersey. (June 1970) 4 The Sylvania Savings Bank Company, Sylvania, Ohio. (June 1970) 7 Security Bank and Trust Company, Southgate, Michigan. (June 1970) 7-27-70 7-28-70 7-29-70 * * * * * 8 Proxy Statement (Special Meeting) Filed Pursuant to Section 14(a) of the Securities Exchange Act Received Citizens Fidelity Bank and Trust Company, Louisvilles Kentucky. 7-31-70 * * * * * 5 To Become a Member of the Federal Reserve System Pursuant: to Section 9 of the Federal Reserve Act Approved The Bank of Arlington, Arlington, Virginia. * * * * * 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 Approved *The Martin County Bank, Shoals, Indiana. * * * * * * Application approved by Reserve Bank on behalf of the Board of Governor under delegated authority. H. 2 No. 31 2 To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received Endicott Trust Company * Endicott, New York. Branch at the intersection of Front and Leroy Streets <, City of Binghamton, Broome County. 2 Madison State Bank, Madison Township, New Jersey. Branch on Route 9 at Ticetown Road, Madison Township. 2 Marine Midland Trust Company of Western New York, Buffalo, New York. Branch at 2952 Saunders Settlement Road, Town of Cambria, Niagara County. 2 Nassau Trust Company, Glen Cove, New York. Branch (public convenience office) on the southwest corner of Forest Avenue and South Fourth Street, Locust Valley (unincorporated area), Town of Oyster Bay, Nassau, County. 8 Citizens Fidelity Bank and Trust Company, Louisville, Kentucky. Branch on the northwest corner of Newburg Road and Bishops Lane, Louisville, Jefferson County. 12 7 12 United California Bank, Los Angeles, California. Branch at southeast corner of Sun City and McCall Boulevards in unincorporated community of Sun City, Riverside County. Approved *The Roscommon State Bank, Roscommon, Michigan. Branch at 6249 West Higgins Lake Drive, Village of Higgins Lake (unincorporated), Lyon Township, Ros common County. ^United California Bank, Los Angeles, California. Branch in central business district of City of Menlo Park, San Mateo County. Denied by State The Connecticut Bank and Trust Company, Hartford, Connecticut. Branch at 849 East Center Street, Wallingford. 1 * * * * * * Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. H. 2 No. 31 2 To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received Endicott Trust Company, Endicott, New York. Branch at the intersection of Front and Leroy Streets«, City of Binghamton, Broome County. 2 Madison State Bank, Madison Township, New Jersey. Branch on Route 9 at Ticetown Road, Madison Township. 2 Marine Midland Trust Company of Western New York, Buffalo, New York. Branch at 2952 Saunders Settlement Road, Town of Cambria, Niagara County. 2 Nassau Trust Company, Glen Cove, New York. Branch (public convenience office) on the southwest corner of Forest Avenue and South Fourth Street, Locust Valley (unincorporated area) , Town of Oyster Bay, Nassau, County. 8 Citizens Fidelity Bank and Trust Company, Louisville, Kentucky. Branch on the northwest corner of Newburg Road and Bishops Lane, Louisville, Jefferson County. 12 7 12 United California Bank, Los Angeles, California. Branch at southeast corner of Sun City and McCall Boulevards in unincorporated community of Sun City, Riverside County. Approved *The Roscommon State Bank, Roscommon, Michigan. Branch at 6249 West Higgins Lake Drive, Village of Higgins Lake (unincorporated), Lyon Township, Ros common County. ^United California Bank, Los Angeles, California. Branch in central business district of City of Menlo Park, San Mateo County. Denied by State The Connecticut Bank and Trust Company, Hartford, Connecticut. Branch at 849 East Center Street, Wallingford. 1 * * * * A * Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2 No/ 31 5 12 To Carry Reduced Reserves Pursuant to Section 19 of the Federal Reserve Act Received Southern National Bank of North Carolina* Lumberton, North Carolina. Old National Bank of Washington, Spokane, Washington. * * * * * 5 To Organize, or Invest in, a Corporation Doing Foreign Banking and Other Foreign Financing Pursuant to Section 25 or 25(a) of the Federal Reserve Act Received Virginia Commonwealth Bankshares, Inc., Richmond, Virginia, to organize a corporation under Section 25(a) of the Federal Reserve Act to be known as Virginia Commonwealth International, Richmond, Virginia. * * * * * 7 2 To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Received M & S Bancorp, Janesville, Wisconsin, for prior approval to become a bank holding company through the acquisition of 80 per cent or more of the voting shares of Merchants and Savings Bank; and Bank of Janesville, both of Janesville, Wisconsin. Approved United Jersey Banks, Hackensack, New Jersey, for prior approval to become a bank holding company through the acquisition of all of the voting shares of Peoples Trust of New Jersey, Hackensack; and Central Home Trust Company, Elizabeth; and all of the voting shares (less directors' qualifying shares) of the successor by merger to Peonies National Bank of Monmouth County, Hazlet; The Third National Bank & Trust Company of Camden, Camden; and The Cumberland National Bank of Bridgeton, Bridgeton, all in New Jersey. * * * * * H.2 No. 31 7 7 4 6 -4To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Received First Wisconsin Bankshares Corporation, Milwaukee, Wisconsin, for prior approval to acquire 80 per cent or more of the voting shares of First National Bank of Wausau, Wausau, Wisconsin. Security Financial Services, Inc., Sheboygan, Wisconsin, for prior approval to acquire 80 per cent or more of the voting shares of Security West Side Bank, Sheboygan, Wisconsin, a proposed new bank. Approved Society Corporation, Cleveland, Ohio, for prior approval to acquire 100 per cent (less directors' qualifying shares) of the voting shares of The Erie County Bank, Vermilion, Ohio. Barnett Banks of Florida, Inc., Jacksonville, Florida, for prior approval to acquire 80 per cent or more of the voting shares of Barnett Bank of Orlando, Orlando, Florida, a proposed new bank. Barnett Banks of Florida, Inc., Jacksonville, Florida, for prior approval to acquire 80 per cent or more of the voting shares of Barnett First National Bank in Seminole County, Altamonte Springs, Florida, a proposed new bank. * * * * *
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