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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL R E S E R ^ SYSTEM H.2 1970 - No. A p p l i c a t i o n s and Reports Received or Acted on 48 During t h e Week Ended November 2 8 , 1970. District 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 Approved New C i t i z e n s Bank, Poquoson, V i r g i n i a . i< * * * i< To Withdraw from Membership i n t h e F e d e r a l Reserve System Without a S i x Month N o t i c e as P r e s c r i b e d by S e c t i o n 9 of t h e F e d e r a l Reserve Act • Received Madison S t a t e Bank, Madison Township, New J e r s e y . A * * 'k k 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 The Union Savings Bank 6 T r u s t Company, S t e u b e n v i l l e , Ohio. Branches a t t h e f o l l o w i n g l o c a t i o n s : A. I n t h e Hollywood Shopping C e n t e r a t t h e i n t e r s e c t i o n of Hollywood Boulevard and Sunset B o u l e v a r d , S t e u b e n v i l l e , J e f f e r s o n County; and B. At t h e i n t e r s e c t i o n of S p r i n g d a l e Avenue and U.S. Route 2 2 , W i n t e r s v i l l e , J e f f e r s o n County. The Bank of V i r g i n i a , Richmond, V i r g i n i a . Branch at 315-317 L i b b i e Avenue, Richmond. H.2 No. 48 8 9 4 7 ~2— Received ( c o n t ' d ) 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 , K e n t u c k y . Branch i n t h e Camelot Shopping C e n t e r on Lyndon Avenue s o u t h of Westport Road, L o u i s v i l l e , J e f f e r s o n County. Montana Bank, Great F a l l s , Montana. Branch ( d r i v e - i n f a c i l i t y ) i n Great F a l l s . Approved *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 at 645 P h i l a d e l p h i a S t r e e t , I n d i a n a , I n d i a n a County. *Wyandotte S a v i n g s Bank» Wyandotte, M i c h i g a n . Branches a t t h e f o l l o w i n g l o c a t i o n s : A. I n t h e v i c i n i t y of t h e s o u t h w e s t c o r n e r of B i d d l e and Eureka Avenues, C i t y of Wyandotte, Wayne County; and B. On t h e w e s t s i d e of H a g g e r t y Road, n o r t h of 1 - 9 4 , Van Buren Township, Wayne County. ^Montana Bank, Great F a l l s , Montana. Branch ( d r i v e - i n f a c i l i t y ) i n Great F a l l s . * * * * * 2 To E s t a b l i s h an O v ers eas 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 R e s e r v e Act Received The Chase Manhattan Bank, N a t i o n a l A s s o c i a t i o n , New York, New Y o r k . Branch i n Manama, B a h r a i n . 2 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 S a i g o n , Vietnam. 2 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 Manama s B a h r a i n . 12 The Bank of C a l i f o r n i a , N.A. , San F r a n c i s c o s C a l i f o r n i a . Branch i n London, E n g l a n d . * * * * * * A p p l i c a t i o n approved by R e s e r v e 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 No. 48 12 -3T 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 Bank of America N a t i o n a l T r u s t and Savings A s s o c i 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 Quito> E c u a d o r . * * * * * 2 To O r g a n i z e , or I n v e s t i n , a C o r p o r a t i o n Doing F o r e i g n Banking and Other Foreign F i n a n c i n g P u r s u a n t To 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 H a r r i s T r u s t and Savings Bank, C h i c a g o , I l l i n o i s , f o r p r i o r a p p r o v a l t o o r g a n i z e a c o r p o r a t i o n under S e c t i o n 25(a) of t h e F e d e r a l Reserve A c t , t o b e known as H a r r i s Bank I n t e r n a t i o n a l , New York, New York. 12 F i n a l Permit F i r s t N a t i o n a l C i t y Bank ( I n t e r n a t i o n a l - L o s A n g e l e s ) , Los A n g e l e s , C a l i f o r n i a . * 5 * * * * To Merge P u r s u a n t t o S e c t i o n 18(c) of t h e F e d e r a l D e p o s i t I n s u r a n c e Act Approved New C i t i z e n s Bank, Poquoson, V i r g i n i a , f o r p r i o r a p p r o v a l t o merge C i t i z e n s Bank of Poquoson, Poquoson, V i r g i n i a , under t h e c h a r t e r of t h e former and t i t l e of t h e l a t t e r . * * * * * 10 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 New Mexico B a n c o r p o r a t i o n , S a n t a F e , New Mexico, 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 h r o u g h t h e a c q u i s i t i o n of a t l e a s t 80 p e r cent 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 S a n t a F e , S a n t a F e , and F i r s t S t a t e Bank of T a o s , T a o s , b o t h i n New Mexico. * * * * * 11.2 No. 48 1 11 5 12 10 2 http://fraser.stlouisfed.org/ I II Federal Reserve Bank of St. Louis -4To 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 M e r r i l l Bankshares Company, Bangor, Maine, 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 F e d e r a l T r u s t Company, W a t e r v i l l e , Maine. C. B. I n v e s t m e n t C o r p o r a t i o n , 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 a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o F i r s t City N a t i o n a l Bank of Houston, H o u s t o n , T e x a s . Approved F i r s t V i r g i n i a Bankshares C o r p o r a t i o n , A r l i n g t o n , V i r g i n i 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 80 p e r cent or more of t h e v o t i n g s h a r e s of a new bank i n t o which would be merged C i t i z e n s Bank of Poquoson, Poquoson, V i r g i n i a . F i r s t S e c u r i t y C o r p o r a t i o n , S a l t Lake C i t y , U t a h , 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 100 p e r c e n t ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of F i r s t S e c u r i t y S t a t e Bank of S p r i n g v i l l e , S p r i n g v i l l e , Utah. Denied Midwest B a n c o r p o r a t i o n * 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 over 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 Community S t a t e Bank, Kansas City, Missouri. Withdrawn On H.2 No. 37, f o r t h e week ended September 12, 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 C h a r t e r New York C o r p o r a t i o n , New York, 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 100 p e r c e n t of t h e v o t i n g s h a r e s of Hempstead Bank, Hempstead, New York. In a l e t t e r d a t e d November 19, 1970, A p p l i c a n t r e q u e s t e d t h a t t h e a p p l i c a t i o n be w i t h d r a w n . * * * A*
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