View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.2
Applications and Reports Received or Acted on
1970 - No. 18
During the Week Ended May 2, 1970.
District

5

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received
First Atlantic Bank, Hampton, Virginia.
* * * * *

6
6

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 Sumiton Bank, Sumiton, Alabama.
Approved
*The Sumiton Bank, Sumiton, Alabama.
* * * * A

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
B. M. C. Durfee Trust Company, Fall River, Massachusetts.
Branch in or abutting the neighborhood shopping
center of Albert E. Lees9 Inc., 800 Main Road,
Central Village Westport.

1

4

*

The Savings & Trust Company of Indiana, Indiana,
Pennsylvania. Branch at 645 Philadelphia Street,
Indiana, Indiana County.

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




H.2

No. 18
Received (Cont'd)
The Bank of Hartsville, Hartsville, South Carolina.
Branch at 702 North Fifth Street, Hartsville.
Union Trust Company of Maryland, Baltimore,
Maryland. Branch at the intersection of
U. S. Route 50 and Civic Avenue, Salisbury.
The Farmers Bank, Monroe, Georgia.
Branch in Monroe Plaza Shopping Center,
Monroe.
3

7

Approved
*The First Pennsylvania Banking and Trust Company,
Philadelphia, Pennsylvania. Branch at 1510 Chestnut
Street, Philadelphia.
^Security Bank and Trust Company, Southgate, Michigan.
Branch at 16333 Trenton Road, Southgate.

12

*Union Bank, Los Angeles, California.
Branch in the vicinity of Hegenberger Road
at Hegenberger Loop and the Nimitz Freeway, City
of Oakland, Alameda County.

12

^United California Bank, Los Angeles, California.
Branch in the vicinity of Ventura Freeway and Carmen
Drive, Camarillo, Ventura County.

12

3

Denied by State
Bank of Idaho, Boise, Idaho.
Branch in, near, or adjacent to Idaho State
University, city of Pocatello, Bannock County.
Withdrawn
Bank of Delaware, Wilmington, Delaware.
Branch in the Midway Shopping Center, Rehoboth,
Sussex County.
* * * * *

*

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




H.2
No. 18

7

-3To Carry Reduced Reserves Pursuant to
Section 19 of the Federal Reserve Act
Received
First Independence National Bank of Detroit, Detroit, Michigan.

10

Security National Bank, Denver, Colorado,

10

Approved
Security National Bank, Denver, Colorado.

8




To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Approved
U . N . Bancshares, Inc., Springfield, Missouri,
for prior approval to become a bank holding company
through the acquisition of up to 100 per cent of
the voting shares of The Union National Bank of
Springfield and Springfield National Bank, both
in Springfield, Missouri.
* * * * *

To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Received
Commercial Bancorp, Inc., Miami, Florida, for
prior approval to acquire 80 per cent or more
of the voting shares of The First State Bank
of Lantana, Lantana, Florida.
Pan American Bancshares, Inc., Miami, Florida,
for prior approval to acquire at least 80
per cent of the voting shares of Citizens
National Bank of Orlando, Orlando, Florida.
Marshall & lis ley Bank Stock Corporation, Milwaukee,
Wisconsin, for prior approval to acquire 80 per
cent or more of the voting shares of Ripon State
Bank, Ripon, Wisconsin.

H.2

No. 18
1

-4Approved
Merrill Bankshares Company, Bangor, Maine, for
prior approval to acquire all of the voting shares
of the successor by merger to Federal Trust
Company, Waterville, Maine.

4

Huntington Bancshares Incorporated, Columbus, Ohio,
for prior approval to acquire 80 per cent or more
of the voting shares of The Bank of Wood County
Company, Bowling Green, Ohio.

6

First Florida Bancorporation, Tampa, Florida, for
prior approval to acquire 80 per cent or more of
the voting shares of Liberty National Bank of
St. Petersburg, St. Petersburg, Florida.

7

Brenton Banks, Inc., Des Moines, Iowa, for prior
approval to acquire 98 per cent of the voting
shares of Northwest Brenton Bank and Trust Company,
Urbandale, Iowa, a proposed new bank.

9

Dacotah Bank Holding Co., Aberdeen, South Dakota,
for prior approval to acquire 63.36 per cent or
more of the voting shares of Bank of Lemmon,
Lemmon, South Dakota.




A * A * *