NEW YORK—The Federal Reserve Bank of New York Thursday approved the notice by North Fork Bancorporation, Inc., Melville, N.Y., for prior approval of the Board of Governors of the Federal Reserve System, pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956, as amended, to acquire Branford Savings Bank, Branford, CT.
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.