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Approval of Application by Bank of Millbrook, Millbrook, New York
August 27, 2010
NEW YORK—The Federal Reserve Bank of New York approved the application by Bank of Millbrook, Millbrook, New York, for prior approval of the Board of Governors of the Federal Reserve System, for The Stissing National Bank of Pine Plains, Pine Plains, New York (“Stissing National Bank”), to merge with, and into, Bank of Millbrook, pursuant to Section 18(c) of the Federal Deposit Insurance Act and, incident thereto, to establish full-service branch offices at the locations of the former Stissing National Bank under Section 9 of the Federal Reserve Act.
According to standard procedure, the proposal cannot be completed for 15 days.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.