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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
for the week ended March 16, 1963
K.2
No. 7

APPLICATIONS TO MERGE BANKS OR TO FORK OR EXPAND A BANK
HOLDING COMPANY RECEIVED BY OR ACTED ON BY THE BOARD

District

Date
To Merge Pursuant to Section 18(c)
of the Federal Deposit Insurance Act
Received

2

Chemical Bank Kew York Trust Company, New York, New York,
for prior consent to acquire the assets of and assume
liability to pay deposits in Bank of Rockville Centre
Trust Company, Rockville Centre, New York, under the
charter and title of Chemical Bank New York Trust
Company.
Approved

k

The Elyria Savings & Trust Company, Elyria, Ohio, for
prior consent to consolidate with The Grafton Savings
and Banking Company, Grafton, Ohio, under the charter
and title of The Elyria Savings & Trust Company*

To Form

a Bank Holding Company Pursuant to Section 3(a)(1)
of the Bank Holding Company Act of 195>6
NONE

To Expand a Bank Holding Company Pursuant to Section 3(a)(2)
of the Bank Holding Company Act of 1956
NONE

SI a.1 jb3




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3-12-63