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ANNOUNCEMENT BY
H.2
1970 - No. 10

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended March 7, 1970

Pis trict

7

Date
Registration Statement Filed Pursuant to
Section 12(g) of the Securities Exchange Act
Received
Bank of the Commonwealth, Detroit, Michigan.
Form F-10

3- 4-70

* * * * *

Current Report Filed Pursuant to Section 13 of
the Securities Exchange Act
Received
State Street Bank and Trust Company, Boston,
Massachusetts. (February 1970)
Old Kent Bank and Trust Company, Grand Rapids,
Michigan. (February 1970)
V? it V? V? -sV

*•5

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received
Grace Street Bank, Richmond, Virginia.

2

Approved
Bankers Trust Company of Rochester,
Rochester, New York.

6

The Lawrence County Bank, Lawrenceburg,Tennessee.




V? V? -k Vc *

3- 6-70
3- 5-70

#
H.2
1970 - No. 10

-2To Withdraw from Membership in the Federal Reserve
System Without a Six Month Notice as Prescribed by
Section 9 of the Federal Reserve Act
__
Approved
*Tracy- Collins Bank and Trust Company, Salt Lake
City, Utah.

12

* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Peoples Trust of New Jersey, Hackensack, New Jersey.
Auxiliary branch at the northeast corner of
Lemoine Avenue and South Marginal Road, Fort Lee.
Marine Midland Grace Trust Company of New York,
New York, New York. Branch at 125 Barclay Street,
Manhattan.
The Exchange Bank of Clean, Clean, New York.
Branch outside of the Grant City Plaza premises,
Town of Allegany, Cattaraugus County.
First Bank and Trust Company, South Bend, Indiana.
Branch at the corner of Miami and Ireland Road,
South Bend.
Approved
The Citizens Central Bank, Arcade, New York.
Branch on the west side of NYS Highway 16, south
of West Yorkshire Road in the Big N Shopping Plaza,
Town of Yorkshire, Cattaraugus County.
*Long Island Trust Company, Garden City, New York.
Branch in the immediate neighborhood of Nassau
Center, Mitchel Field, Nassau County.
^Manufacturers Hanover Trust Company, New York,
New York. Branch at 20 Mamaroneck Avenue,
White Plains.
*

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




r

H.2
1970 - No, 10

-3Approved (cont'd)
"Peoples Bank of Glen Rock, Glen Rock, Pennsylvania.
Branch on the west side of Pennsylvania Route 616,
south of Route 644 in New Salem Borough, York City.

^

4

*The Farmers Savings and Trust Company, Mans field,
Ohio. Branch on the north side of U.S. Route 30
across from Richland Mall Shopping Center, Mans field.

12

^United California Bank, Los Angeles, California,
Branch in the vicinity of Wilshire Boulevard between
Robertson Boulevard and Doheny Drive, City of Beverly
Hills, Los Angeles County.
Withdrawn

2

Marine Midland Trust Company of Southern New York,
Elmira, New York. Branch on the west side of
New York State Route 12 at the intersection of
New York State Route 320, North Norwich Chenango
County.

4

The Peoples-Liberty Bank and Trust Company, Covington,
Kentucky. Branch at Taylor Mill and Cox Road,
unincorporated area of Kenton County.
* * * * v>

Thirty Day Notice of Intention to Establish An
Additional Branch in a Foreign Country
Received
First National City Bank, New York, New York.
Two branches in Quito.

2

V?

*

it *

Vf

*

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




Hi 2
1970 - No. 10

2

-4To 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
Final Permit Issued
State Street Bank Services International,
New York, New York.
* * * * *

2

To Merge Pursuant to Section 18(c) of the
Federal Deposit Insurance Act
Approved
Bankers Trust Company of Rochester, Rochester,
New York, for prior approval to acquire four
offices of Central Trust Company, Rochester,
New York.
* * * * *

8

4




To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Received
U. N. Bancshares, Inc., Springfield, Missouri,
for prior approval to become a bank holding
company through the acquisition of 100 per
cent of the voting shares of The Union National
Bank of Springfield; and Springfield National
Bank, both of Springfield, Missouri.
Approved
Mid-Ohio Banc-Shares, Inc., Mans field, Ohio,
for prior approval of the acquisition of 80
per cent or more of the voting shares of
The Sutton State Bank, Attica, Ohio.
* * * * *




To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Approved
Charter New York Corporation, New York, New York,
for prior approval of the acquisition of 100
per cent of the voting shares of Central Trust
Company Rochester, N.Y., Rochester, New York.
Security New York State Corporation, Rochester,
New York, for prior approval of the acquisition
of 100 per cent of the voting shares of The
Citizens Bank, Attica, New York.
Security New York State Corporation, Rochester,
New York, for prior approval of the acquisition
of 100 per cent of the voting shares of The Bank
of Le Roy, Le Roy, New York,
Barnett Banks of Florida, Inc., Jacksonville, Florida,
for prior approval of the acquisition of 80 per cent
or more of the voting shares of Tropical Bank &
Trust Company, Sebring, Florida.
Reactivated
On H.2 No. 47, for the week ended November 22, 1969,
the Board reported receipt of applications from
Charter Bankchares Corporation, Jacksonville, Florida,
for prior approval of the acquisition of 52 per cent
or more of the voting shares of The Commercial Bank
of Gainesville, Gainesville, Florida; Citizens Bank of
Lehigh Acres, Lehigh Acres, Florida; and The Exchange
Bank of Palatka, Palatka, Florida. On January 17,
1970, these applications were placed in suspense awaiting
a public oral presentation being held in connection
with three of Applicant's previously submitted applications. Following the public presentation, these
applications have been reactivated.
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