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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 1970 - No 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 19 During t h e Week Ended May 9 , 1970. Date District 2 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 C i t y T r u s t Company, B r i d g e p o r t , C o n n e c t i c u t . ( J a n u a r y 1970) 5 - 4-70 5 - 6-70 2 Long I s l a n d T r u s t Company, Garden C i t y , New York. ( A p r i l 1970) 3 P r i n c e t o n Bank and T r u s t Company, P r i n c e t o n , New Jersey. ( A p r i l 1970) 5 - 8-70 4 The S y l v a n l a Savings Bank Company, S y l v a n i a , Ohio. ( A p r i l 1970) 5 - 8-70 7 C i t i z e n s Commercial & Savings Bank, F l i n t , Michigan. ( A p r i l 1970) 5 - 8-70 * * * * * 5 To Become a Member of t h e F e d e r a l Reserve System 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 Reserve Act Received Barbour County Bank, P h i l i p p i , West V i r g i n i a . * * * * * 2 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 Reserve Act Received C e n t r a l T r u s t Company R o c h e s t e r N. Y . , Rochester* New York. Branch a t 36 Main S t r e e t West, R o c h e s t e r . Chemical Bank, New York, New York. Branch a t t h e i n t e r s e c t i o n of Second Avenue and E a s t 23rd S t r e e t , New York. H. 2 1970 - No. 19 2 - 2 - Received ( C o n t ' d ) Marine Midland T r u s t Company of Western New York, B u f f a l o , New York. Branch i n t h e immediate n e i g h b o r hood of French and Union Roads, Cheektowaga. 8 C i t i z e n s F i d e l i t y Bank and T r u s t Company, L o u i s v i l l e , Kentucky. Branch i n t h e Oxmoor Shopping C e n t e r on S h e l b y v i l i e Road, e a s t of t h e W a t t e r s o n Expressway, J e f f e r s o n County. 12 Farmers and Merchants Bank of Long Beach, Long Beach, C a l i f o r n i a . Branch a t Second S t r e e t and S t . Joseph Avenue, Long Beach, Los Angeles County. 2 Approved *The Amalgamated Bank of New Y o r k , New York, New York. Branch a t Co-op C i t y , Bronx. 2 * I r v i n g T r u s t Company, New York, New York. Branch a t 1225 Avenue of t h e A m e r i c a s , Manhattan, New York. 2 ^ M a n u f a c t u r e r s and T r a d e r s T r u s t Company, B u f f a l o , New York. Branch a t 1100 Wehrle D r i v e , Amherst, E r i e County. 2 *The O y s t e r m e n ' s Bank and T r u s t Company9 S a y v i l l e , New York. Branch on S u n r i s e Highway between Bohemia Parkway and Smithtown Avenue, Bohemia, Town of I s l i p , S u f f o l k County. 7 *Monroe County Bank, Dundee, M i c h i g a n . Branch a t 9796 D i x i e Highway (U.S. 2 5 ) , i n t h e u n i n c o r p o r a t e d V i l l a g e of E r i e , E r i e Township, Monroe County. 7 12 Denied by S t a t e The S t a t e Savings Bank of West B r a n c h , West Branch, Michigan. Branch a t 2200 Greenwood Road, Skidway Lake, M i l l s Township 5 Ogemaw County„ 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 t h e v i c i n i t y of L i n c o l n Boulevard and Mindanao Way, u n i n c o r p o r a t e d Marina d e l Rey D i s t r i c t , Los Angeles County. it * * A * * A p p l i c a t i o n approved by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H.2 1970 ~ No. 19 To Carry Reduced R e s e r v e s P u r s u a n t t o S e c t i o n 19 of t h e F e d e r a l Reserve Act Approved F i r s t Independence N a t i o n a l Bank of D e t r o i t , D e t r o i t , Michigan. * * * * * To E s t a b l i s h an O v e r s e a s 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 Approved F i r s t Union N a t i o n a l Bank of North C a r o l i n a , C h a r l o t t e , North C a r o l i n a . Branch i n N a s s a u , Bahamas. * * * * * 2 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 Foreign 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 t h e P i n o z a a r e a of A s u n c i o n , P a r a g u a y . * * * * * 2 12 To E s t a b l i s h a F o r e i g n Branch or Agency of a C o r p o r a t i o n O p e r a t i n g Under S e c t i o n 25 o r 2 5 ( a ) of t h e F e d e r a l Reserve Act Received Bank of Boston I n t e r n a t i o n a l , New York, New York. Branch i n Luxembourg C i t y , Luxembourg. Approved C r o c k e r - C i t i z e n s I n t e r n a t i o n a l C o r p o r 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 i n London, England. * * * * * • H.2 1970 — No. 19 10 10 10 # —4— 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 Approved Commerce B a n c s h a r e s , I n c • , Kansas C i t y , M i s s o u r i . 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 more t h a n 80 p e r cent of t h e v o t i n g s h a r e s of American T r u s t Company of H a n n i b a l , H a n n i b a l , M i s s o u r i . Commerce B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , 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 more t h a n 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 T i p t o n Farmers Bank, Tipton, Missouri. Suspense On H. 2 No. 8 S f o r t h e week ended F e b r u a r y 2 1 , 1970, t h e Board r e p o r t e d r e c e i p t of an a p p l i c a t i o n from t h e F i r s t N a t i o n a l B a n c o r p o r a t i o n , I n c . , Denver, C o l o r a d o , 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 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 The F i r s t N a t i o n a l Bank of P u e b l o , P u e b l o , C o l o r a d o . T h i s a p p l i c a t i o n i s now i n s u s p e n s e a w a i t i n g r e c e i p t of A p p l i c a n t ' s r e p l y t o a Department of J u s t i c e l e t t e r t o t h e Board d a t e d A p r i l 2 8 , 1970. * * * * *
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