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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended October 21, 1967*
H. 2
No. 42
District

11

Date
Registration Statement Filed Pursuant to
Section 12(g) of the Securities Exchange Act
Effective
Southern Arizona Bank and Trust Company, Tucson,
Arizona.

10-20-67

* * * * *

2
12

Proxy Statement (Special Meeting) Filed Pursuant to
Section 14(a) of the Securities Exchange Act
Received
Peoples Trust Company of Bergen County, Hackensack,
New Jersey,

10-16-67

Wells Fargo Bank, San Francisco, California.

10-16-67

* * * * *

9

To Withdraw from Membership in the Federal Reserve
System Pursuant to Section 9 of the Federal Reserve Act
Received
State Bank of Sleepy Eye, Sleepy Eye, Minnesota.
* * * * *

1

2

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Sanford Trust Company, Sanford, Maine.
Branch in the Urban Renewal Area, Sanford.
Tioga State Bank, Spencer, New York,
Branch in the Town of Owego, Tioga County.




H.2
No. 42
4

-2Received (cont'd)
The Barter Bank & Trust Company, Canton, Ohio.
Branch at 2805-2811 Cleveland Avenue, South, Stark
County, Canton.

6

Commerce Union Bank, Nashville, Tennessee.
Branch at 6606 Charlotte Avenue, Nashville.

7

Bank of Dearborn, Dearborn, Michigan.
Branch at 23053 Michigan Avenue, Dearborn,

12

2

Application Withdrawn
The Oregon Bank, Portland, Oregon. Branch near
intersection of North West Cornell Road and
Murray Road, Washington County.
Approved
^Amalgamated Bank of New York, New York, New York.
Branch at Co-op City, Borough of Bronx, New York.

2

*The Schenectady Trust Company, Schenectady, New York.
Branch at 265-7-9 State Street, Schenectady.

3

*The Fidelity Bank, Philadelphia, Pennsylvania.
Branch at northwest corner of Lancaster and
Banbury Avenues, Wayne, Radnor Township, Delaware
County.

3

*The First Pennsylvania Banking and Trust Company, Philadelphia,
Pennsylvania. Branch at Oak Lane Read and Cheltenham
Avenue, Cheltenham Township, Montgomery County.

5

*Union Trust Company of Maryland, Baltimore, Maryland.
Branch on Guilford Avenue between Saratoga and Lexington
Streets, Baltimore.
* * * * *

* Application processed by the Federal Reserve Bank under the Board's rules
regarding delegation of authority.




H.2
No. 42

-3To Carry Reduced Reserves Pursuant to
Section 19 of the Federal, Reserve Act
Received
United National Bank, Miami, Florida.
Approved
Drovers National Bank of Chicago, Chicago, Illinois.
* * * * *

2
12

12

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
First National City Bank, New York, New York*
Branch in City of Cuenca, Ecuador.
Bank of America National Trust and Savings Association,
San Francisco, California. Branch in City of Santo
Domingo, Dominican Republic.
Approved
Bank of America National Trust and Savings Association,
San Francisco, California. Branch on Plaza Libertad,
Buenos Aires, Argentina.
* * * * *

2

To Organize, or Invest in, a Corporation Doing Foreign
Banking and Other Foreign Financing Pursuant to Section 25
or 25(a) of the Federal Reserve Act
Received
The Northern Trust Company, Chicago, Illinois. To organize
a corporation, under Section 25(a) of the Federal Reserve
Act, to be known as The Northern Trust International
Banking Corporation#




* * * * *

H.2
No. 42

7

-4To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Approved
Exchange State Bank, Lanark, Illinois, for prior approval
to acquire the assets and assume deposit liabilities of
The National Bank of Lanark, Lanark, Illinois.
Denied
The Union and New Haven Trust Company, New Haven, Connecticut,
for prior approval to merge The Tradesmens National Bank,
New Haven, Connecticut, under the charter of The Union and
New Haven Trust Company and title The Union Bank and Trust
Company.