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Aa

iC-C/SX-

ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.2
Applications and Reports Received or Acted on
1971 - No. 4
During the Week Ended January 23, 1971.
District

12

Date
Current Report Filed Pursuant to Section 13
of the Securities Exchange Act
Received
United California Bank, Los Angeles, California,
December 1970 (Amendment No.1)
*

1-20-71

A * * A

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received
Summit State Bank of Bloomington, Bloomington,
Minnesota.
A A A A

A

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
Bremen Bank and Trust Company, St. Louis
Missouri.
Approved
*Bremen Bank and Trust Company, St. Louis,
Missouri.
A A A A A

2

*

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Broadway Bank & Trust Company, Paters on, New
Jersey. Branch at Kinnelon Road and Kiel
Avenue, Kinnelon.

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




H.2
No* 4
2

2

-2Received (Cont'd)
Marlne Midland Trust Company of Central New York,
Syracuse, New York. Branch in the immediate
neighborhood of the intersection of Kinne Street
and Exeter Street, town of DeWitt, Onondaga
County.
Approved
*Manufacturers Hanover Trust Company, New York,
New York. Branch in the neighborhood of Saw
Mill River Road, North Elms ford, town of
Greenburgh, Westchester County.

3

*The Fidelity Bank, Rosemont, Pennsylvania.
Branch at the intersection of Route 100 and
Rutgers Drive, Lionville, Chester County.

5

^United Virginia Bank of Williamsburg, Williamsburg,
Virginia. Branch at James-York Plaza Shopping
Center, Highway 143, York County.

7

*Rock Island Bank and Trust Company, Rock Island,
Illinois. Branch at 1600 - 5th Avenue, Rock
Island.

12

6

*County Bank of Santa Cruz, Santa Cruz, California.
Branch at 1226 Soquel Avenue, Santa Cruz.
Withdrawn
The Peoples Savings Bank, Clanton, Alabama.
Branch in South Clanton Shopping Center, CIanton.
A * * A *

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
Marshall and lisley Bank, Milwaukee, Wisconsin.
Branch in Nassau, Bahamas.
* * * * *

*

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




Thirty Day Notice of Intention to Establish an
Additional Branch in a Foreign Country
Received
The Chase Manhattan Bank, National Association,
New York, New York, Branches in Rome and Bari,
Italy.
* A * * A

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Approved
Consolidated Bankshares of Florida, Inc. , Fort
Lauderdale, Florida, for prior approval to
become a bank holding company through the
acquisition of 100 per cent (less directors1
qualifying shares) of the voting shares of
Security First National Bank of Plantation,
Florida, a proposed new bank, and 80 per cent
or more of the voting shares of each of the
following Florida banks: First National Bank
in Fort LauderdaleĀ° Plantation First National
Bank, Plantation" Guaranty First National Bank
of Fort Lauderdale; and Ocean First National
Bank of Fort Lauderdaleā€¢
New Mexico Bancorporation, Inc., Santa Fe, New
Mexico, for prior approval to become a bank
holding company through the acquisition of 80
per cent or more of the voting shares of each
of the following two banks in New Mexico:
The First National Bank of Santa Fe, Santa Fe,
and First State Bank of Taos, Taos.




* * * * *

H.2
No. 4

4

6

5

7

-4-

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Received
Society Corporation, Cleveland, Ohio, for prior
approval to acquire 80 per cent or more of
the voting shares of The Peoples Bank of Youngstown,
Youngstown, Ohio.
First Florida Bancorporation, Tampa, Florida,
for prior approval to acquire 80 per cent or
more of the voting shares of Midway Bank at
Tampa, Tampa, Florida.
Approved
Southern Bankshares, Inc., Richmond, Virginia,
for prior approval of the acquisition of 100
per cent (less directors' qualifying shares)
of the voting shares of a new national bank
into which would be merged Williamsburg National
Bank, Williamsburg, Virginia.
First Holding Company, Inc., Waukesha, Wisconsin,
for prior approval to acquire 80 per cent or
more of the voting shares of Elm-Brook State
Bank, BrookfieId, Wisconsin.




* * * * *