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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications Received, or Acted on, by the Board
During the Week Ended January 29, 1966
H.2
No.5
District

Date
To Withdraw from Membership in the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received

11

Eden State Bank, Eden, Texas.

1-28-66

* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act




Received
Valley Bank and Trust Company, Springfield,
Massachusetts. Branch at 32 Fort Pleasant
Avenue, Springfield.

1-24-66

Manufacturers Hanover Trust Company, New York,
New York. Branch at 660-662 Central Park
Avenue, unincorporated village of Greenville,
Town of Greenburgh, Westchester County.

1-25-66

Long Island Trust Company, Garden City, New York.
Branch at the corner of Engineers Road and Old
Willets Path, Hauppauge (unincorporated area),
Smithtown.

1-27-66

Mexico Savings Bank, Mexico, Missouri. Branch at
the intersection of Western Avenue and Promenade
Street, Mexico.

1-27-66

Peoples Bank and Trust Company, Russellville,
Arkansas. Branch in Pottsville.

1-26-66

'~T

I

H. 2
No.5

-2Approved
Connecticut Bank and Trust Company, Hartford,
Connecticut. Branch at southeast corner of
Woodland Street and Asylum Avenue, Hartford.

1-24-66

Fidelity-Philadelphia Trust Company, Philadelphia,
Pennsylvania, Establishment of eight branches,
all within the Philadelphia Naval Base, at the
following locations.

1-25-66

Intersection of Broad Street and Rowan Avenue.
Intersection of Porter Avenue and Seventh Street West.
Intersection of Delaware Avenue and Second Street West.
On Philip Avenue east of Broad Street.
Intersection of Porter Avenue and Second Street East.
Intersection of Philip Avenue and Fourth Street East.
On Rowan Avenue east of Fourth Street East.
Forge Shop east of the Airfield.
Lafayette Trust Company, Easton, Pennsylvania.
Branch at 516 March Street, Easton.

1-24-66

Bank of Powhatan, Powhatan, Virginia. Branch in
Huguenot Magisterial District, Powhatan County.

1-25-66

Peoples Bank and Trust Company, Russellville,
Arkansas. Branch in Pottsville.

1-27-66

* * * * *

To Carry Reduced Reserves Pursuant to
Section 19 of the Federal Reserve Act
Received
6




Coral Way National Bank, Miami, Florida.
* * * * *

1 - 24-66

H.2
No.5

- 3To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Approved

12

Bank of America National Trust and Savings
Association, San Francisco, California.
Branch in Munich, Germany,

1-27-66

* * * * *

To Organize, or Invest in, a Corporation Doing Foreign
Banking and Other Foreign Financing Pursuant to Section 25
or 25(a) of the Federal Reserve Act
Preliminary Permit Issued
The National Shawmut Bank of Boston, Boston,
Massachusetts. To organize a corporation,
under Section 25(a) of the Federal Reserve
Act, to be known as Shawmut International
Corporation.

1-27-66

* * * * *

To Merge Pursuant to Section 18(c)
•SZ—the Federal Deposit Insurance Act




Received
Lake City Bank, Warsaw, Indiana, for prior
approval to merge with Commercial State Bank,
Silver Lake, Indiana, under the charter and
title of Lake City Bank.

1-27-66

Approved
The Reading Trust Company, Reading, Pennsylvania,
1-24-66
for prior approval to merge with The National
Bank of Hamburg, Hamburg, Pennsylvania, under
the charter and title of The Reading Trust Company.