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ANNOUNCE i^ENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.2
Applications and Reports Received or Acted on
1970 - No. 1
During the Week Ended January 2, 1971.
District

11

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 Schertz State Bank, Schertz, Texas.
* * * * *

3
12

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
__
Approved
*The Fidelity Bank, Rosemont, Pennsylvania.
Branch at 1717 South Broad Street, Philadelphia.
^United California Bank, Los Angeles, California.
Branch in the vicinity of Lombard Street between
Divisadero and Fillmore Streets > City and County
of San Francisco.
* * * * *

1

Thirty Day Notice of Intention to Establish an
Additional Branch in a Foreign Country
Recelved
First National Bank, Boston, Massachusetts.
Branch in Sao Paula, Brazil.
* * * * *

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




•
H. 2
No. 1

4

12

To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Received
The Farmers Savings and Trust Company, Mansfield,
Ohio, for prior approval to merge Lucas State Bank,
Lucas, Ohio, under the charter and title of The
Farmers Savings and Trust Company.
Union Bank, Los Angeles, California, for prior
approval to merge Bank of Long Beach, National
Association, Long Beach 9 California, under the
charter and title of Union Bank.
* * * * *

2

10

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 19 56
Approved
Barclays Bank D.C.O., London E.C.3, England, for
prior approval of action to become a bank holding
company through the acquisition of 100 per cent
(less directors1 qualifying shares) of the voting
shares of Barclays Bank of New York, New York,
New York, a proposed new bank.
Ameribanc, Inc., St. Joseph, Missouri, for prior
approval of action to become a bank holding company
through the acquisition of 100 per cent (less
directors' qualifying shares) of the successors
by merger to The American National Bank of St.
Joseph and Belt National Bank of St. Joseph, both
of St. Joseph? Missouri.




* * * * *

H. 2
No. 1

6

6

-3-

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
_
Re ceived
Exchange Bancorporation, Inc., Tampa, Florida, for
prior approval to acquire 100 per cent
(less directors' qualifying shares) of the voting
shares of Exchange Bank of North Winter Haven,
Winter Haven, Florida, a proposed new bank.
First Florida Bancorporation, Tampa, Florida, for prior
approval to acquire 80 per cent or more of the voting
shares of Bank of Tavares, Tavares, Florida.
Marshall & IIs ley Bank Stock Corporation, Milwaukee,
Wisconsin, for prior approval to acquire 80 per cent
or more of the voting shares of State Bank of Mayvilie,
Mayvilie, Wisconsin,
First Union, Incorporated, St. Louis, Missouri, for prior
approval to acquire 80 per cent or more of the voting
shares of Rolla State Bank, Folia, Missouri.
Approved
Barclays Bank Limited, London E.G.3, England, for prior
approval of the indirect acquisition of 100 per cent of
the voting shares (less directors1 qualifying shares)
of Barclays Bank of New York, New York, New York, a
proposed new bank.
Southeast Bancorporation, Inc., Miami, Florida, for prior
approval to acquire 80 per cent or more of the voting
shares of First Bank & Trust Company of Jacksonville,
Jacksonville, Florida.
Southeast Bancorporation, Inc.s Miami, Florida, for prior
approval to acquire 80 per cent or more of the voting
shares of Deerfield Beach Bank and Trust Company,
Deerfield Beach, Florida.




* * * * *