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 No. 22 A p p l i c a t i o n s and R e p o r t s Received o r Acted on During t h e Week Ended May 29.,'. 1971 7 C u r r e n t Report F i l e d P u r s u a n t t o S e c t i o n 13 of t h e S e c u r i t i e s Exchange Act Received S e c u r i t y Bank and T r u s t Company, S o u t h g a t e , Michigan. 5 - 2 3 - 7 1 ( A p r i l 1971) * 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 F i r s t T r u s t and D e p o s i t Company, S y r a c u s e , Hew York, Branch i n t h e immediate n e i g h b o r h o o d of Oswego P l a z a and W e s t o n ' s Department S t o r e on U.S. Route 104, C i t y of Oswego, Oswego County. 3 The F i r s t P e n n s y l v a n i a Banking and T r u s t Company, Bala-Cynwyd P e n n s y l v a n i a . Branch a t 901 Hamilton S t r e e t , A l l e n t o w n , Lehigh County. 4 The Savings & T r u s t Company of I n d i a n a , I n d i a n a , P e n n s y l v a n i a . Branch a t 539 West Mahoning S t r e e t , Punxsutawney,, J e f f e r s o n County. 10 The F i r s t Bank and T r u s t Company of B r i g h t o n , B r i g h t o n , C o l o r a d o . Branch d e t a c h e d f a c i l i t y a t 60 South Main S t r e e t , B r i g h t o n , Colorado 11 S o u t h e r n A r i z o n a Bank and T r u s t Company, Tucson, A r i z o n a . Branch a t O r a c l e Road and Orange Grove Road, Tucson. * * * * * 10 To 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 t h e F e d e r a l Reserve Act Received The Omaha N a t i o n a l Bank, Omaha, N e b r a s k a . Branch i n N a s s a u , t h e Bahama I s l a n d s . * * * * * T h i r t y Day N o t i c e of I n t e n t i o n t o E s t a b l i s h an A d d i t i o n a l Branch i n a F o r e i g n Country Received F i r s t N a t i o n a l C i t y Bank, New York, New York. Branch i n G r e e c e , t o be l o c a t e d i n P i r a e u s . A * * * * 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 H o l d i n g Company Act of 1956 Received H e a r t l a n d , C e n t r a l N . Y . , C o r p . , Albany, New York, f o r p r i o r a p p r o v a l t o a c q u i r e t h e s u c c e s s o r by merger t o N a t i o n a l Commercial Bank & T r u s t Company, Albany, and F i r s t T r u s t & D e p o s i t Company, S y r a c u s e , b o t h i n New York. Great Lakes Holding Company, Kalamazoo, Michigan, 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 o a c q u i r e n o t l e s s t h a n 92 p e r c e n t of t h e v o t i n g shares: of I n d u s t r i a l S t a t e Bank & T r u s t Company, Kalamazoo, Michigan. Approved Texas Commerce B a n c s h a r e s , I n c . , H o u s t o n , T e x a s , 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 by t h e s u c c e s s o r by merger t o Texas Commerce Bank N a t i o n a l A s s o c i a t i o n , Houston, Texas. * * * * * To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956 Received Bankshares I n c o r p o r a t e d , M i n n e a p o l i s , M i n n e s o t a , f o r p r i o r a p p r o v a l t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Olmsted County Bank & T r u s t Company, R o c h e s t e r , Minnesota * * * * * To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 4 ( c ) ( 1 2 ) of t h e Bank Holding Company Act of 1956 deceived Kinney S e r v i c e s , I n c . , New Y o r k . 5-24-71 New York s u b s i d i a r y - Hudson S h a t z P a i n t Company, I n c . $ New Y o r k , Mew Y o r k , n o t i f i c a t i o n of i n t e n t t o a c q u i r e s h a r e s of M.L. McDonald Company, Waltham, M a s s a c h u s e t t s American F i n a n c i a l C o r p o r a t i o n , C i n c i n n a t i , Ohio; n o t i f i c a t i o n of i n t e n t t o a c q u i r e s h a r e s of Dayton DAT P r o c e s s i n g , I n c . , Dayton, Ohio. * * * * * 5-24-71