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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended May 17, 1969.

20
Date

tr

5

Registration Statement Filed Pursuant to
Section 12(%) of the Securities Exchange Act
Received
Piedmont Trust Bank, Martinsville, Virginia .

5-13-69

* * * * *

2

Current Report Filed Pursuant to Section 13
of the Securities Exchange Act
Received
Morgan Guaranty Trust Company of New York,
New York, New York.
(April 1969)

4

The Cleveland Trust Company, Cleveland, Ohio.
(April 1969)

4

The Sylvania Savings Bank Company, Sylvania,
Ohio.
(April 1969)

4

The Union Savings & Trust Company, Warren, Ohio.
(April 1969)

7

Security Bank and Trust Company, Lincoln Park,
Michigan. (April 1969)

12

The Oregon Bank, Portland, Oregon.
(April 1969)
* * * * *

2




To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Approved
Elmwood State Bank, East Paterson, New Jersey.
*

it

*

Vc

5-12-69
5-12-69

5-13-69
5-15-69

5-12-69
5-12-69

H.2
No. 20

-2~

3

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
Clearfield Trust Company, Clearfield, Pennsylvania.

6

The Planters Bank & Trust Company, Thomaston, Alabama,

11.

Iola State Bank, lola, Texas.
Approved
^"Clearfield Trust Company, Clearfield, Pennsylvania .

3

* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
The Connecticut Bank and Trust Company, Hartford,
Connecticut. Branch at 29 Water Street, Torrington.

1

1

The Connecticut Bank and Trust Company, Hartford,
Connecticut, Branch in the Torrington Shopping
Parkade on Route 8, Torrington.

1

Sanford Trust Company, Sanford, Maine.
Branch on Route 1, Wells.

2

Fidelity Union Trust Company, Newark, New Jersey.
Branches at the following locations:

*

A.

At Passaic Avenue, south of Bloomfield Avenue,
West Caldwell Borough, Essex County;

' B.

At 206 Ridgedale Avenue, Florham Park Borough,
Morris County;

C•

At Route 10 at North Jefferson Road, Hanover
Township, Morris County; and

D.

At the junction of Paterson Plank Road and Murray
Hill Parkway, East Rutherford Borough, Bergen County.

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




H.2
No. 20

-3Received (cont'd)
State Bank of Albany, Albany, New York.
Branch in the Northway Plaza Shopping Center,
Town of Queensbury, Warren County.
Wilmington Trust Company, Wilmington, Delaware.
Branch in a shopping center to be constructed on
the westerly side of the Wilmington-Christiana
Turnpike at Red Clay Creek, to be known as 2111-2123
Newport Pike, Christiana Hundred, New Castle County.
Approved
^Manufacturers and Traders Company, Buffalo, New
York. Branch (public accommodation office) in the
Grand Island Plaza, 2381 Grand Island Boulevard,
Grand Island.
^ C o m m e r c e Union Bank, Nashville, Tennessee.
Branch in the Rivergate Mall Shopping Center,
Madison.
**Citizens Commercial & Savings Bank, Flint, Michigan.
Branch at G-6020 Fenton Road, Mundy Township, Genesee
County.
Withdrawn
Sanford Trust Company, Sanford, Maine.
Branch in the Urban Renewal Area, Sanford.
* * * * *

To Carry Reduced Reserves Pursuant to
Section 19 of the Federal Reserve Act
Received
Columbia National Bank, Kansas City, Missouri.

10

5- 5-69

Approved
Southern California First National Bank, San Diego
California.

12

Vr * -k -k •

**

Application processed by the Acting Director of the Division of Supervision
and Regulation on behalf of the Board of Governors under delegated authority.




H.2
No. 20
Thirty Day Notice of Intention to Establish An
Additional Branch in a Foreign Country
i
Received
First National City Bank, New York, New York.
Branch to be located in the San Fernando Section
of Cali, Colombia.
* * * * *

2

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
Received
Girard Trust Bank, Philadelphia, Pennsylvania.
To organize a corporation, under Section 25(a)
of the Federal Reserve Act, to be known as Girard
International Bank, New York, New York,
* * * * *

7

To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Received
Main State Bank of Chicago, Chicago, Illinois,
for prior approval to merge Main State Bank,
Chicago, Illinois, under the charter and title
of Main State Bank of Chicago.
* * * * *

5

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Rece ived
Financial General Corporation, Washington, D. C.,
for prior approval of the acquisition of 50 per
cent plus one share or more of the voting shares
of The Bank of Tidewater, Norfolk, Virginia.




* * * * *