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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended November 30, 1968.

H.2
No. 48

District

2

Date
Proxy Statement (Special Meeting) Filed Pursuant
to Section 14(a) of the Securities Exchange Act
Received
Bank of Jamestown, Jamestown, New York.

11-27-68

2

Chemical Bank New York Trust Company, New York,
New York.

11-27-68

3

Peoples Bank of Glen Rock, Glen Rock,
Pennsylvania.

11-25-68

8

Citizens Fidelity Bank and Trust Company,
Louisville, Kentucky.

11-27-68




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Tender Offer Statement Filed Pursuant to
Section 14(d) of the Securities Exchange Act
Received
Camden Trust Company, Camden, New Jersey.
(Recommendation filed by Management)
Amendment No. 4
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To become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Approved
Chemical Bank, New York, New York.
*

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11-25-68




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
Cherokee State Bank, Cherokee, Iowa.
Peoples Bank of Cuba, Cuba, Missouri.
Gunnison Valley Bank, Gunnison, Utah.
Approved
Cherokee State Bank, Cherokee, Iowa*
v- * v- * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Marine Midland Trust Company of Southern New York,
Elmira, New York. Branch at Site 2E Urban Renewal
Project No. 1, NYR-98, Binghamton, Broome County.
Marine Midland Trust Company of Western New York,
Buffalo, New York. Branch (limited purpose) at
Number Two Main Place, Buffalo.
The State Bank of Seneca Falls, N. Y,, Senca Falls,
New York, Branch on north side of U.S. Route 5
and 20, west of the intersection of Balsey Road
with U.S. 5 and 20, Seneca Falls,
The First Pennsylvania Banking and Trust Company,
Philadelphia, Pennsylvania. Branch at Frankford
and Hellerman Streets, Philadelphia.
The Toledo Trust Company, Toledo, Ohio.
Branch at 6462-66 Monroe Street, Sylvania, Lucas County.
The Farmers Bank of Edinburg, Incorporated, Edinburg,
Virginia. Branch at 113 North Main Street, Woodstock.
State-Planters Bank of Commerce and Trusts, Richmond,
Virginia. Branch in the 3500 block West Cary Street,
Richmond.

1:1.2
No. 48

Received (cont'd)
Union Bank and Trust Company, Kokomo, Indiana.
Branch at the corner of Dixon Road and Sycamore
Street, Kokomo.

7

Fenton Bank, Fenton, Missouri.
Branch (drive-in, walloup facility) on the northeast
corner of Fenton Plaza, Fenton.

8

12

Farmers and Merchants Bank of Long Beach, Long Beach,
California. Branches at the following locations:
A.

Within 1-mile radius of BelIflower Boulevard and
Stearns, city of Long Beach;

B.

Within 1-mile radius of Palo Verde Avenue and
Spring Street, Long Beach;

C.

Within 1-mile radius of Carson and Los Coyotes,
Long Beach;

D.

Within 1-mile radius of Roycroft and Second Street,
Long Beach;

E.

Within 1-mile radius of South and Woodruff, city of
Lakewood;

F.

Within 1-mile radius of Santa Fe and Anaheim, Long
Beach;

G.

Within 1-mile radius of Brookhurst and Chapmen,
city of Garden Grove; and

Hv

Within 1-mile radius of South Street and Atlantic,
Long Beach.

Approved
**The Provident Bank, Cincinnati, Ohio.
Branch in the Beechmont Mall Shopping Center,
Cincinnati, Hamilton County.

4

**

-3-

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







To Establish a Foreign Branch or Agency of a Corporation
Operating Under Section 25 or 25(a) of the Federal
Reserve Act
.
.
;
Received
American Overseas Banking Corporation, New York,
New York. Branch in London, England.
First National City Overseas Investment Corporation,
New York, New York. Branch in Nassau, Bahamas.
* "jV Vv

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To Merge Pursuant to Section 18(c) of the
Federal Deposit Insurance Act
Received
Union Bank, Los Angeles, California, for prior
approval to merge Oakland Bank of Commerce, Oakland,
California, under the charter and title of Union
Bank.
Approved
Chemical Bank New York Trust Company, New York
New York, for prior approval to merge Chemical
Bank, New York, New York, under the charter and
title of Chemical Bank New York Trust Company.
The Middle Tennessee Bank, Columbia, Tennessee,
for prior approval to merge The Hampshire Bank,
Hampshire, Tennessee, under the charter and
title of The Middle Tennessee Bank.
Denied by State
First Trust and Deposit Company, Syracuse, New York,
for prior approval to merge The First National Bank
of Central Square, Central Square, New York, under
the charter and title of First Trust and Deposit
Company.
* * * * *

H.2
No. 48

1

-5~
To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Approved
Merrill Banks ha res Company, Bangor, Maine, for prior
approval to become a bank holding company through
the acquisition of up to 100 per cent of the voting
shares of The Merrill Trust Company, Bangor, and
Washburn Trust Company, Washburn, both in Maine.
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2

7




To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Received
Marine Midland Banks, Inc., Buffalo, New York,
for prior approval of the acquisition of not less
than 80 per cent of the voting shares of Tinker
National Bank, East Setauket, New York.
Denied
First Wisconsin Bankshares Corporation, Milwaukee,
Wisconsin, for prior approval of the acquisition
of 80 per cent or more of the voting shares of
First Wisconsin National Bank of Greenfield,
Greenfield, Wisconsin, a proposed new bank.
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