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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 1971 No. 31 Applications and Reports Received or iy>ted on During Week Ending July 31, 1971* District 10 Date To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Platte Valley Bank, Brighton, Colorado. "k * * * tV 10 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 The Citizens State Bank, Liberal, Kansas. 10 Approved The Citizens State Bank, Liberal, Kansas• * it & "k •. 2 • To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received The Dover Trust Company, Dover, New Jersey. Branch to be established at the corner of State Highway Route 15 and Bowling Green Parkway, Township of Jefferson, Morris County. 2 Central Home Trust Company of Elizabeth, N. J. Elizabeth, New Jersey. Branch to be established at 119-121 Elmora Avenue, Elizabeth. 2 Hempstead Bank,, Hempstead, New York. Branch at the following locations: A. Neighborhood of the intersection of Johnson Avenue and Veterans Memorial Highway, McArthur Airport, unincorporated area of Bohemia, town of Islip, Suffolk County; and B. Neighborhood of the intersection of Route 110 and Allen Boulevard, unincorporated area of North Amityville, town of Babylon, Suffolk County. H. 2 Ho. 31 W -2Received (Cont'd,) Lincoln Rochester Trust Coupany, Rochester, ilew York. Branch to be established approximately 20-124 feet >• west of the centerline of South Street and Approximately 20-58 feet south of State Street, Village of Pittsford, Monroe County, 2 2 Bank of Suffolk County, Stony Brook, New York. Branches at the following locations: A. Immediate neighborhood of the intersection of Stony Brook Road and route 347 (NesconsetPort Jefferson Highway), Stony Brook, Town of Brookhaven, Suffolk County; and B. Immediate neighborhood of the intersection of Garrity Avenue and Railroad Avenue, Ronkonkoma, Suffolk County. 5 The Citizens Bank Incorporated, South Hill, Virginia. Branch to be established in the Southside Shopping Center U.S. Route 58, South Hill, Mecklenburg County. 7 Citizens Banking Company, Anderson, Indiana. Branch to be established at Broadway and Ames, Anderson, Indiana. 8 Central West End Bank, St, Louis, Missouri. Branch to be established on Hampton Avenue south of Oakland Avenue, St. Louis, Missouri. 9 Central Savings Bank, Sault Ste. Marie, Michigan. Branch to be established in De Tour Village, Michigan, 12 Bank of Idaho, Boise, Idaho. Branches at the following locations: A. In city of Hailey, Blaine County; and B. Approved "^Peoples Trust of New Jersey, Hackensack, New Jersey. Branch at the intersection of Sunnyside Avenue and Washington Avenue, Dumont, Bergen County. 2 * On Cleveland Avenue near intersection of South Florida Avenue, City of Caldwell, Canyon County. Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. H. 2 No. 31 Approved (Cont'd) island State Bank, Patchogue, New York* Branch at Jones Street and Main Street (State Route 25A), East Setauket, Town of Brookhaven, Suffolk County. "First Trust and Deposit Company, Syracuse, New York. Branch in the immediate neighborhood of Oswego Plaza and Weston's Department Store on U.S. Route 104, City of Oswego, Oswego County. Marine Midland Trust Company of Western New York, Buffalo, New York. Branch at Klein Road and Hopkins Road, Town of Amherst, Erie County. * The County Trust Company, White Plains, New York. Branch at the W. T. Grant Shopping Plaza, Pike and Ball Streets, City of Port Jervis, Orange County. " Marine Midland Bank, New York, New York. Branch at 550 Sunrise Highway, unincorporated village of Massapequa, Town of Oyster Bay, Nassau County. * Wilmington Trust Company, Wilmington, Delaware. Branch office to be located in the Park N\ Shop Shopping Center, Elkton and Apple Roads, Newark, New Castle County. '"Bank of Commerce and Trust Company, Lexington, Kentucky. Branch at Nicholasville Road and Larkin Drive, Lexington, Fayette County. " Bank of Delaware, Wilmington, Delaware. Branch to be located in the Castle Mall Shopping Center at the intersection of Chestnut Hill Road and South Chapel Street extension (also known as Delaware Route 72), Pencader Hundred, New Castle County. * Central Savings Bank, Sault Ste, Marie, Michigan. Branch to be established in De Tour Village, Michigan. Denied by State Bank of Suffolk County, Stony Brook, New York. Branch in the immediate neighborhood of the intersection of Route 27A (Montauk Highway) and William Floyd Parkway, Mastic/Shirley, Suffolk County. -k Vc Vr V<r 1c Applications approved by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2 No. 31 11 -4To Catry Reduced Reserves Pursuant to Section 19 of the Federal Reserve Act Approved The Village National Bank * Houston, Texas, * Vf iV vV Vf 12 To Establish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act Received United States National Bank, San Diego, California. Branch in Nassau, Bahamas• * * * Vr Thirty Day Notice of Intention to Establish An Additional Branch in a Foreign Country Approved First National City Bank, New York, New York, Branch in Ireland, Cork, Vt *k 7 10 9 *k "k To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Received Peoples Mid-Illinois Corporation, Bloomington, Illinois, for prior approval to acquire the voting shares of Peoples Bank of Bloomington, Bloomington, Illinois, Security Corporation, Duncan, Oklahoma, for prior approval to acquire the voting shares of The Security National Bank & Trust Co, of Duncan, Duncan, Oklahoma, Approved First Sebanco, Inc., Glendive, Montana, for prior approval to acquire 50,4 per cent of the voting shares of First Security Bank of Glendive, Glendive, Montana, vV Vv 'V "iV To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act'- of 1956 Received Affiliated Banlcshares of Colorado, Inc., Boulder, Colorado, for prior approval to acquire the voting shares of University National Bank of Fort Collins, Fort Collins, Colorado* Galbank, Inc., Galveston, Texas, for prior approval to acquire the voting shares of Sugar Land State Bank, Sugar Land, Texas. United States National Bancshares, Inc., Galveston, Texas, for prior approval to acquire the voting shares of Sugar Land State Bank, Sugar Land, Texas. First Security National Corporation, Beaumont, Texas, for prior approval to acquire the voting shares of Peoples State Bank of Kountze, Kountze, Texas. First Security National Corporation, Beaumont, Texas, for prior approval to acquire the voting shares of Sour Lake State Bank, Sourlake, Texas. First Security National Corporation, Beaumont, Texas, for prior approval to acquire the voting shares of The Village State Bank, Beaumont, Texas. Approved Huntington Bancshares Incorporated, Columbus, Ohio, for prior approval to acquire 80 per cent or more of the voting shares of The Woodville State Bank Woodvile, Ohio. liidlantic Banks Inc., Newark, New Jersey, for prior approval to acquire 100 per cent (less directors1 qualifying shares) of the voting shares of the successor by merger to Citizens National Bank, Znglewood, New Jersey. First Virginia Banlcshares Corporation, Arlington, Virginia, for prior approval to acquire 80 per cent or more of the voting shares of the successor by merger to Bank of Bland County, Bland, Virginia. H. 2 Mo. 31 To Er.pand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1955 Received Marine Hidland Banks, Inc., Buffalo, Mew York, notification of intent to engage in a de novo activity (leasing of personal property and equipment, acting as agent, broker, or advisor in leasing of such property and incidental activity necessary thereto) through a subsidiary known as Marine Midland Leasing Corporation, Buffalo, Hew York. 7-29-71 Permitted** Worcester Bancorp, Inc., Worcester, Massachusetts, 7-29-71 to engage in the activity of acquiring title to personal property and leasing the same to others. To Expand a Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1953 Received Lykes-Youngstown Corporation, Hew Orleans, Louisiana, notification of intent to acquire an additional 50 per cent of Ly-Gra Corporation, a Delaware corporation, whose only subsidiary Gulf and American Steamship Co#, Inc., operates in Mew Orleans, Louisiana, For exemption Pursuant to Section 4(d) of the Bank Holding Company Act of 1956 Received The Goodyear Tire & Rubber Company, Akron, Ohio. 7-28-71 7-30-71 Processed by Reserve Bank on behalf of the Board of Governors under delegated authority.