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ANNOUNCEMENT BY BOARD OF GOVE^ORS OF THE FEDERAL RESERVE SYSTEM H.2 1971 - N o . 7 A p p l i c a t i o n s and R e p o r t s Received or Acted on During t h e Week Ended F e b r u a r y 13, 1971. District 4 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 Commercial Bank and Savings Company, F o s t o r i a , Ohio. ( J a n u a r y 1971) * 5 * * * * To Become a Member of t h e F e d e r a l Reserve System 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 Approved F i r s t Bank & T r u s t Company, C o l o n i a l H e i g h t s s V i r g i n i a . * * * * & 7 To Withdraw from Membership i n t h e F e d e r a l Reserve System Without a S i x Month N o t i c e as P r e s c r i b e d by S e c t i o n 9 of t h e F e d e r a l Reserve Act Received E l s ton Bank & T r u s t Company, C r a w f o r d s v i l l e , I n d i a n a . 7 L a n c a s t e r S t a t e Bank, L a n c a s t e r , W i s c o n s i n . 7 2-9-71 Approved * E l s t o n Bank & T r u s t Company, C r a w f o r d s v i l l e , I n d i a n a . >c' * Vc -k 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 . I H. 2 No. 7 - 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 2 4 approved ^ 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 . Branch on t h e n o r t h w e s t c o r n e r of t h e i n t e r s e c t i o n of S t i g e r S t r e e t and Harvey S t r e e t , H a c k e t t s t o w n , Warren County. **The Farmers and C i t i z e n s Bank, Trotwood, Ohio. Branch a t 816 E a s t Main S t r e e t , Trotwood. 4 *Farmers Bank & T r u s t Company of I n d i a n a , P a . , I n d i a n a , P e n n s y l v a n i a . Branch a t t h e s o u t h w e s t c o r n e r of t h e i n t e r s e c t i o n of Ben F r a n k l i n Road ( a l s o known as Township Route No. 32046 and P e n n s y l v a n i a S t a t e Route No. 4 2 2 ) , White Township, I n d i a n a 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 i s v i l l e , Kentucky. Branch i n t h e Camelot Shopping C e n t e r on Lyndon Avenue s o u t h of W e s t p o r t Road, L o u i s v i l l e , J e f f e r s o n County. 12 "The C o n t i n e n t a l Bank and T r u s t Company, S a l t Lake C i t y , U t a h . Branch i n Research Park on t h e campus of t h e U n i v e r s i t y of U t a h . 12 *Union Bank, Los A n g e l e s , C a l i f o r n i a . Branch at or i n t h e v i c i n i t y of 555 C a p i t o l M a l l , Sacramento. * * * * * 2 To E s t a b l i s h an Overseas Branch of a Member Bank P u r s u a n t t o S e c t i o n 25 of t h e F e d e r a l Reserve Act Received Chemical Bank, New York, New York. Branch i n B r u s s e l s , Belgium. * * * * * * 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 p r o c e s s e d 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 u n d e r d e l e g a t e d a u t h o r i t y To O r g a n i z e , or I n v e s t i n , a C o r p o r a t i o n Doing F o r e i g n Banking and Other Foreign F i n a n c i n g P u r s u a n t To S e c t i o n 25 or 25(a) of t h e F e d e r a l Reserve Act Received A l l i e d Bank I n t e r n a t i o n a l , New York, New York, t o o r g a n i z e a c o r p o r a t i o n under S e c t i o n 2 5 ( a ) to be known as A l l i e d P a c i f i c Bank I n t e r n a t i o n a l . Final Permit Issued Shorehaven Bank I n t e r n a t i o n a l , B o s t o n , M a s s a c h u s e t t s . Bank of America I n t e r n a t i o n a l of F l o r i d a , Miami, Florida. A A A * A To Merge P u r s u a n t t o S e c t i o n 18(c) of t h e F e d e r a l D e p o s i t I n s u r a n c e Act Approved Union Bank, Los A n g e l e s , C a l i f o r n i a , f o r p r i o r a p p r o v a l t o merge The S t a n f o r d Bank, P a l o A l t o 9 C a l i f o r n i a , under t h e c h a r t e r and t i t l e of t h e f o r m e r . * A A A A To Expand a Bank H o l d i n g 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 Southwest B a n c s h a r e s , I n c . , Houston* T e x a s , f o r p r i o r a p p r o v a l t o f u r t h e r a c q u i r e more t h a n 51 p e r cent of t h e v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of Longview Longview, T e x a s . Approved 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 or more of t h e v o t i n g s h a r e s of F i r s t Bank & T r u s t Company, C o l o n i a l H e i g h t s , V i r g i n i a , a p r o p o s e d new b a n k . F i r s t Union, I n c o r p o r a t e d , S t . L o u i s , M i s s o u r i , 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 Bank of S p r i n g f i e l d , S p r i n g f i e l d , M i s s o u r i . A A A A A
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