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BOARD OF GOVERNORS O F THE F E D E R A L R E S E R V E SYSTEM A p p l i c a t i o n s and R e p o r t s Received or Acted on During t h e Week Ended March 16, 1968• H.2 No. 11 District 1 7 Date C u r r e n t Report F i l e d P u r s u a n t to S e c t i o n 13 of the S e c u r i t i e s Exchange Act Rece ived The C o n n e c t i c u t Bank and T r u s t Company, Hartford, Connecticut. ( F e b r u a r y 1968) 3-11-68 Old Kent Bank and T r u s t Company, Grand R a p i d s , Michigan. ( F e b r u a r y 1968) 3-11-68 * * * * * 2 To E s t a b l i s h a Domestic Branch P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act Received Summit and E l i z a b e t h T r u s t Company, Summit, New J e r s e y . Branch a t s o u t h e a s t c o r n e r i n t e r s e c t i o n of Beechwood Road and D e f o r e s t Avenue, Summit. 4 The Ashland Bank and Savings Company, A s h l a n d , Ohio. Branch a t 818-828 Union S t r e e t , A s h l a n d , 7 American Bank and T r u s t Company, R a c i n e , W i s c o n s i n . Branch i n V i l l a g e of Wind P o i n t , Racine County. 12 4 12 United C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a . Branch i n v i c i n i t y of La Cienega Boulevard and 18th S t r e e t , Los A n g e l e s . Approved The P r o v i d e n t Bank, C i n c i n n a t i , Ohio. Branch in t h e Beechmont Mall Shopping C e n t e r , 7500 Beechmont Avenue, C i n c i n n a t i . Wells Fargo Bank, San F r a n c i s c o , C a l i f o r n i a . Branches a t 3630 Be la i r e P l a z a , Napa 951 F r o n t S t r e e t , Novato 1521 Arden Way, Sacramento 235 Montgomery S t r e e t , San F r a n c i s c o 777 North F i r s t S t r e e t , San J o s e 1325 Locust S t r e e t , Walnut Creek 700 W i 1 s h i r e B o u l e v a r d , Los Angeled 1701 F o u r t h S t r e e t , Santa Rosa * * * * * H. 2 No. 11 7 7 12 -2To E s t a b l i s h an Overseas Branch of a Member Bank P u r s u a n t t o S e c t i o n 25 of the F e d e r a l Reserve Act Received C o n t i n e n t a l I l l i n o i s N a t i o n a l Bank and T r u s t Company of Chicago, Chicago, I l l i n o i s . Branch i n F r a n k f u r t , West Germany. C o n t i n e n t a l I l l i n o i s N a t i o n a l Bank and T r u s t Company of Chicago, Chicago, I l l i n o i s . Branch i n P a r i s , France. Bank of America N a t i o n a l T r u s t and Savings A s s o c i a t i o n , San F r a n c i s c o , C a l i f o r n i a . Branch in Guatemala C i t y , R e p u b l i c of Guatemala. * * * * * 12 To Form a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956 ; • Approved C e n t r a l Banking System, I n c . , Oakland, C a l i f o r n i a , f o r p r i o r a p p r o v a l t o become a bank h o l d i n g company t h r o u g h the a c q u i s i t i o n of 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of C e n t r a l V a l l e y N a t i o n a l Bank, Oakland, C a l i f o r n i a , and t h e F i r s t N a t i o n a l Bank of F r e s n o , F r e s n o , C a l i f o r n i a . * * * * *