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ANNOUNCEMENT BY BOARD OF GOVERNOPS OF THE FEDERAL RESERVE SYSTEM H.2 A p p l i c a t i o n s arid R e p o r t s Received or Acted on 1971 - No. 6 During t h e Week Ended F e b r u a r y 6 , 1971. District 4 12 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 L o r a i n County Savings & T r u s t C o . , E l y r i a , Ohio. J a n u a r y 1971 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 . J a n u a r y 1971 2-1-71 2-4-71 * * * * * 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 Summit S t a t e Bank of Bloomington, Bloomington, Minnesota. * * * * * 2 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 North Fork Bank and T r u s t Company, M a t t i t u c k , New York. * * * * * 1 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 R e s e r v e Act Received The C o n n e c t i c u t Bank and T r u s t Company, H a r t f o r d , C o n n e c t i c u t . Branch at in25-1029 P o s t Road, Route 1, D a r i e n . H.2 - 2 - No. 6 2 2 ^eceived ( c o n t f d ) M a n u f a c t u r e r s Hanover T r u s t Company, New York, New York. Branch a t 175-09 149th Avenue, n o r t h e a s t c o r n e r of 175th S t r e e t and 149 th Avenue , Queens. 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 . Branches a t t h e f o l l o w i n g l o c a t i o n s : A. In t h e v i c i n i t y of t h e BrookChester Shopping C e n t e r , s o u t h w e s t c o r n e r of Powell Drive and R i v e r Road, Borough of New M i I f o r d , Bergen County. B. At t h e i n t e r s e c t i o n of S u n n s i d e Avenue and Washington Avenue, Borough of Dumont, Bergen County. 3 The F i d e l i t y Bank, Rosemont, P e n n s y l v a n i a . Branch at 49 Bethlehem P i k e , P h i l a d e l p h i a . 4 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 The Newark T r u s t Company, Newark, Ohio. Branch a t 136 E a s t Broadway, G r a n v i l l e , L i c k i n g County. 12 Approved ^United 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 c e n t r a l b u s i n e s s d i s t r i c t i n community of Palm D e s e r t , R i v e r s i d e County. * * * * * 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 Bank of America, New York, New York. Branch i n N a s s a u , Bahamas. 7 C o n t i n e n t a l I l l i n o i s N a t i o n a l Bank and T r u s t Company of Chicago, C h i c a g o , I l l i n o i s . Branch i n S i n g a p o r e , R e p u b l i c of S i n g a p o r e . 7 C o n t i n e n t a l I l l i n o i s N a t i o n a l Bank and T r u s t Company of C h i c a g o , C h i c a g o , I l l i n o i s . Branch in Athens, Greece. * * * * * * A o p l i c a t i o n approved by Reserve Rank 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 . H.2 No. 6 2 T h i r t y Day N o t i c e of I n t e n t i o n t o E s t a b l i s h an A d d i t i o n a l Branch i n a F o r e i g n Country Received V i r g i n I s l a n d s N a t i o n a l Bank, C h a r l o t t e Amalie, S t . Thomas, V i r g i n I s l a n d s . Branch i n C h a r l o t t e Amalie, S t . Thomas. * 2 * * •;< * 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 Denied by S t a t e Marine Midland Bank-Southern E l m i r a , New York, f o r p r i o r a p p r o v a l t o merge The Chenango County N a t i o n a l Bank and T r u s t Company of • Norwich, Norwich, New York, .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 . • * * * * * 6 6 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 H o l d i n g Company Act of 1956 Received C e n t r a l and S t a t e N a t i o n a l C o r p o r a t i o n of Alabama, Birmingham, Alabama, 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 t h r o u g h t h e a c q u i s i t i o n of 80 p e r cent or more of t h e v o t i n g s h a r e s of C e n t r a l Bank and T r u s t Company, Birmingham* and S t a t e N a t i o n a l Bank of Alabama, D e c a t u r , b o t h i n Alabama. Approved Tennessee N a t i o n a l B n n c s h a r e s , I n c . , M a r y v i l l e , T e n n e s s e e , 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 t h r o u g h t h e a c q u i s i t i o n of 80 p e r cent or more of t h e v o t i n g s h a r e s of The Blount N a t i o n a l Bank of M a r y v i l i e , M a r y v i l i e ; and more t h a n 50 p e r c e n t of t h e v o t i n g s h a r e s of Merchants & Farmers Bank, Greenback, b o t h i n T e n n e s s e e . T h i s a p p l i c a t i o n r e p r e s e n t s an amended v e r s i o n of an e a r l i e r a p p l i c a t i o n , approved by t h e Board on March 19, 19 70. * * * * * H.2 Mo. 6 4 10 10 7 -4- 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 BancOhio C o r p o r a t i o n , Columbus, Ohio, 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 cent o r more of t h e v o t i n g s h a r e s of The C i t i z e n s Banking Company, P e r r y s b u r g , Ohio. Colorado CNB B a n k s h a r e s , I n c . , Denver, 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 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 F i r s t N a t i o n a l Bank of S t e r l i n g , S t e r l i n g , Colorado. Approved Commerce B a n c s h a r e s , I n c . , Kansas C i t y , 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 more t h a n 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 S t a t e Bank and T r u s t Company of Poplar B l u f f , Poplar B l u f f , Missouri. Reactivated On H.2 No. 4 4 , f o r t h e week ended October 31, 1970, t h e Board r e p o r t e d r e c e i p t of an a p p l i c a t i o n from Valley Bancorporation, Appleton, Wisconsin, 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 o r more of t h e v o t i n g s h a r e s of Farmers and Merchants Bank, Weyauwega, W i s c o n s i n . On December 21, 1970, t h i s a p p l i c a t i o n was p l a c e d i n s u s p e n s e a w a i t i n g r e c e i p t of A p p l i c a n t ' s r e p l y t o a Department of J u s t i c e l e t t e r . F o l l o w i n g r e c e i p t of A p p l i c a n t ' s views and comments, t h i s a p p l i c a t i o n has been r e a c t i v a t e d . * * * * *
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