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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended February 14, 1970.
H.2
No. 7
District

3

Date
To Withdraw from Membership in the Federal Reserve
System Without a Six Month Notice as Prescribed by
Section 9 of the Federal Reserve Act
Received
Lock Haven Trust Company , Lock Haven, Pennsylvania.

10

Bank of Canton, Canton, Oklahoma.

10

The Farmers State Bank of Bucklin, Kansas, Bucklin,
Kansas.

3

Approved
*Lock Raven Trust Company, Lock Haven, Pennsylvania.
* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Naumkeag Trust Company, Salem, Massachusetts.
Branch at Lafayette Street and Loring Avenue,
Salem,
Manufacturers Hanover Trust Company, New York, New
York. Branch at 20 Mamaroneck Avenue, White Plains.
Union Trust Company of Maryland, Baltimore, Maryland.
Branch at 1844 East Joppa Road, Baltimore County.
The Detroit Bank and Trust Company, Detroit, Michigan.
Branch at 4101 West Maple Road, Bloomfield Township,
Oakland County.
* Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.




J

H.2
No.
12

12

3

12

Received (contT d)
First Independent Bank, Vancouver, Washington.
Branch on Mill Plain Boulevard, east of proposed
intersection with Highway 1-205, unincorporated
area of Clark County.
United California Bank. Los Angeles , California.
Branch in the vicinity of Eastshore Freeway and
Powell Street, Emeryville, Alameda County.
Approved
^Wilmington Trust Companys Wilmington, Delaware.
Branch office on the northeastern side of Limestone
Road, near the intersection of Limestone Road and
Kirkwood Highway, Mill Creek Hundred, New Castle
County.
^United California Bank, Los Angeles, California.
Branch in the vicinity of Ventura Boulevard and
Canoga Avenue, Community of Woodland Hills, City
and County of Los Angeles.
* * * * *

12

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
United States National Bank of Oregon, Portland,
Oregon. Branch in Nassau, Bahamas.
* * * * *

12

To Establish a Foreign Branch or Agency of a Corporation
Operating Under Section 25 or 25(a) of the Federal Reserve Act
Received
Crocker-Citizens International Corporation, San
Francisco, California. Branch in London, England.
* * * * *

* Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.




H.2

No. 7

2

-3To Merge Pursuant to Section 18(c) of the Federal
Deposit Insurance Act
___
Received
Peoples Trust of Mew Jersey, Hackensack, Mew Jersey.
for prior approval to merge The Peoples National
Bank of Hackettstown, Ha eke tts town, New Jersey,
under the charter and title of Peoples Trust of
New Jersey.
*

4

7

6

2




* * & *

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Received
BancOhio Corporation, Columbus, Ohio, for prior
approval to acquire up to 100 per cent of the
voting shares of The Community Bank, Uapoleon,
Ohio.
Brenton Banks, Inc., Des Moines, Iowa, for prior
approval to acquire 100 per cent (less directors'
qualifying shares) of the voting shares of
Northwest Brenton Bank and Trust Company,
Urbandale, Iowa.
Approved
First Florida Bancorporation, Haines City, Florida,
for prior approval to acquire 51 per cent or more
of the voting shares of The Orlando Bank and Trust
Company, Orlando, Florida.
Suspense
On H.2 Ho. 49, for the week ended December 6, 1969, the
Board reported receipt of an application from Bankers
Trust New York Corporation, New York, New York, for prior
approval to acquire 100 per cent of the voting shares of
Bankers Trust Company of Rochester, Rochester, New York,
a proposed new bank. This application is an integral part
of another application filed by Charter New York Corporation, New York, New York, to acquire an existing bank in
Rochester. This application is now in suspense awaiting
receipt of Charter New York Corporation's reply to a
Department of Justice letter to the Board dated
February 13, 1970.

No. 7
2

6

10




-4Suspense (cont' d)
On H.2 No. 41, for the week ended October 11, 1969* the
Board reported receipt of an application from Charter
New York Corporation, New York3 New York9 for prior
approval to acquire 100 per cent of the voting shares
of Central Trust Company Rochester, N.Y., Rochester,
New York. This application is now in suspense awaiting
receipt of Applicant's reply to a Department of Justice
letter to the Board dated February 13, 1970.
On H.2 No. 45, for the week ended November 8, 1969, the
Board reported receipt of an application from Exchange
Bancorporation, Inc., Tampa, Florida, for prior approval
to acquire 80 per cent or more of the voting shares of
Peninsula State Bank, Tampa, Florida. This application
is now in suspense awaiting receipt of Applicant's reply
to a Department of Justice letter to the Board dated
February 13, 1970.
On H.2 No. 44, for the week ended November 1, 1969, the
Board reported receipt of an application from Denver
U.S. Bancorporation3 Inc., Denver, Colorado, for prior
approval to acquire at least 80 per cent of the voting
shares of The Colorado Springs National Bank, Colorado
Springs, Colorado. This application is now in suspense
awaiting receipt of Applicant$s reply to a Department
of Justice letter to the Board dated February 13, 1970.
* * * * *