h2_19830312.pdf

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2, 1983 No. 10)

Act ions of t h e Board; App l i ca t ions and Reports

Received During t h e Week Ending March 12, 1983

APPLICABLE RESERVE BANK

At lan ta

Chicago

Dal l a s

ACTIONS OF THE BOARD

The Federal Reserve Board has approved a program t h a t r e p r e s e n t s a combination of changes in Federal Reserve o p e r a t i n g procedures to reduce and t o p r i c e Federal Reserve i n t e r t e r r i t o r y check f l o a t and Federal Reserve check holdover f l o a t .

Regula t ion D, r e p o r t i n g requi rements , t h e Federal Reserve Board i s s u e d fo r comment a proposal to reduce t h e depos i t r epo r t ing burden f o r small i n s t i t u t i o n s ; comment was reques ted by April 8.

Regula t ion Q, temporary suspension of the Regula t ion Q pena l ty normally imposed upon t h e e a r l y withdrawal of time d e p o s i t funds f o r d e p o s i t o r s in t h e C a l i f o r n i a coun t i e s a f f e c t e d by seve re s torms , f l o o d s , and mud s l i d e s .

Alabanc, I n c . , Wadley, Alabama, extens ion of t ime t o May 6 , 1983, wi th in which to become a bank holding company through a c q u i s i t i o n of F i r s t Bank, Wadley, Alabama. J /

Boulevard Bancorp, I n c . , Chicago, I l l i n o i s , ex-t e n s i o n of t ime t o June 20, 1983, wi th in which to become a bank holding company, to be i n t e r -posed between Miami Corpo ra t i on , a r e g i s t e r e d bank holding company and e i g h t banks and bank holding companies; ex t ens ion of time to June 30, 1983, w i th in which Miami Corpora t ion may i n d i r e c t l y a c q u i r e t he e i g h t banks and bank holding companies through Boulevard Bancorp, Inc . 1 /

Capi ta l Bancs h a r e s , I n c . , D a l l a s , Texas, ex t ens ion of t ime t o June 4 , 1983, w i th in which to acqu i re Capi ta l Bank, Dal l a s , Texas . V

T7 App l i ca t i on processed on behalf of t h e Board of Governors under del egated au thor i t y .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2, 1983 N0. TO - 2 -

ACTIONS OF THE BOARD - Continued

At l an ta

Dal l as

At! an t a

Chicago

Boston

Boston

S t . Louis

Chicago

C i t i z ens Bancorpora t ion , I n c . . Plaquemi ne, Lou i s i ana , ex tens ion of t ime t o June 13, 1983, wi th in which to become a bank holding company through the a c q u i s i t i o n of C i t i z e n s Bank & Trust Co. , Plaquemine, Louis iana . ]_/

Dallas Guaranty Bancshares , I n c . , D a l l a s , Texas, ex tens ion of time to May 8, 1983, wi th in which to acqu i re Guaranty Bank, D a l l a s , Texas. J /

F i r s t Chatsworth Bankshares, I n c . , Chatsworth, Georgia, ex tens ion of t ime to April 22, 1983, wi th in which to become a bank holding company through a c q u i s i t i o n of t h e F i r s t National Bank of Chatsworth, Chatsworth, Georgia . V/

FIRST NATIONAL BANKSHARES, INC., Logansport , Ind iana , extens ion of t ime t o June 19, 1983, wi th in which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of t h e vo t ing sha re s of t he successor by merger to The F i r s t National Bank of Logansport , Logansport , Ind iana . 1/

F l e e t Financia l Corp, I n c . , Providence , Rhode I s l a n d , extens ion of t ime to March 3, 1984, wi th in which t o e s t a b l i s h a fo re ign s u b s i d i a r y , Incorp Financia l N.V. , to be l o c a t e d in Curacao, Netherlands A n t i l l e s . ]_/

Kingswood Bank-Corp. , Wolfeboro, New Hampshire, ex tens ion of t ime t o June 28, 1983, w i th in which to become a bank holding company through the a c q u i s i t i o n of Kings-wood Trust and Savings Bank, Wolfeboro, New Hampshire. 1/

Lebanon Bancshares, I n c . , Lebanon, Kentucky, ex tens ion of t ime t o June 11 , 1983, w i th in which to become a bank holding company through t h e a c q u i s i t i o n of The Farmers National Bank of Lebanon, Lebanon, Kentucky, V

Metro Bancorpora t ion , Waterloo, Iowa, ex t ens ion of time t o June 26, 1983, wi th in which to become a bank holding company through the a c q u i s i t i o n of 100 percen t of t h e vo t ing sha re s of t h e successor by merger to The Waterloo Savings Bank, Waterloo, Iowa. 1/

T7 App l i ca t ion processed on behalf of the Board of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10 - 3 -


Da l l a s National Bancshares Corpora t ion of Texas, San Antonio, Texas, ex tens ion of t ime t o April 30, 1983, within which to acqu i r e Southwest S t a t e Bank, Corpus C h r i s t i , Texas. V

New York Bank of New York, New York, New York, ex tens ion of t ime t o March 16, 1984, w i th in which to e s t a b l i s h a branch a t the i n t e r s e c t i o n of Routes 22 and 312, Town of S o u t h e a s t , Putnam County, New York. V

Chicago C i t i z e n s Commercial & Savings Bank, F l i n t , Michigan, an investment in bank premises . J /

New York Republic National Bank of New York, New York, New York, ex tens ion of t ime t o December 31 , 1983, wi th in which t o e s t a b l i s h an i n i t i a l branch in Milan, I t a l y . J J

Chicago Rock Is land Bank, Rock I s l a n d , I l l i n o i s , an investment in bank premises. 1/

Cleveland Adams County National Bank, Get tysburg , Pennsylvania , proposal t o merge wi th ACNB In ter im National Bank, Get tysburg , Pennsylvania , under t h e t i t l e of t he former and t h e c h a r t e r of t h e l a t t e r ; r epo r t to the Comptrol ler of t h e Currency on compet i t ive f a c t o r s . ]_/

Chicago Bank & Trus t Company of Ar l ing ton Heights , Arl ington He igh t s , I l l i n o i s , proposal t o merge with BTAH Bank, Ar l ington Heights , I l l i n o i s , under t he c h a r t e r of BTAH Bank and t i t l e of The Bank & Trust Company of Ar l ing ton Heights ; r e p o r t to t h e Federal Deposit Insurance Corporat ion on c o m p e t i t i v e f a c t o r s . J j

A t l a n t a Bartow County Bank, C a r t e r s v i 1 l e , Georgia , proposed merger with Bartow I n t e r i m , I n c . , C a r t e r s v i ! l e , Georgia; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . \ j

San Bay Subs id ia ry Co . , San Leandro, C a l i f o r n i a , proposed Franc i sco merger with Bay Bank of Commerce, San Leandro,

C a l i f o r n i a , under t he t i t l e and c h a r t e r of the l a t t e r ; r epo r t to t h e Federal Deposit Insurance Corporat ion on compet i t ive f a c t o r s . 1/

TJ App l ica t ion processed on behalf of t he Board of Governors under de lega ted a u t h o r i t y .

I


H.2, 1983 No. 10 - 4 -


S t . Louis Fairview Heights Community Bank, Fairview Heigh t s , I l l i n o i s , proposed merger with F. H, Community Bank, Fa i rv i ew, I l l i n o i s ; r e p o r t to t he Federal Deposit Insurance Corporat ion on compet i t ive f a c t o r s . J_/

Da l l a s F i r s t National Bank of Canton, Canton, Texas, proposed merger with New Canton Bank, Canton, Texas; r e p o r t t o t h e Federal Deposi t Insurance Corporat ion on compe t i t i ve f a c t o r s . J /

A t l a n t a F i r s t National Bank of Commerce, New Or leans , Lou i s i ana , proposed merger with Bank of New Orleans and Trust Company, New Or leans , Lou i s i ana ; r e p o r t to t he Comp-t r o l l e r of t h e Currency on compet i t ive f a c t o r s , y

S t . Louis F i r s t National Bank of Huntingburg, Huntingburg, Ind iana , proposal t o merge with Hunti ngburg National Serv ice Bank, Hunt ingburg, I nd i ana ; r e p o r t to t h e Comptrol ler of t h e Currency on compe t i t i ve f a c t o r s . J /

Dal l a s F i r s t National Bank, Seminole, Texas, proposed merger with New F i r s t Bank, Seminole, Texas; r epor t to t h e Federal Deposit Insurance Corpora t ion on compet i t ive f a c t o r s . \J

A t l a n t a F i r s t National Bank of Wauchula, Wauchula, F l o r i d a , proposed merger with Hardee National Bank, Wauchula, F l o r i d a ; r e p o r t to t h e Comptrol ler of t he Currency on compe t i t i ve f a c t o r s . J /

Da l l a s Louis iana Bank of Ouachita P a r i s h , West Monroe, Lou i s i ana , proposed merger with LBO Bank, West Monroe, Lou i s i ana ; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . V

S t . Louis Morgantown Deposit Bank, Morgantown, Kentucky, proposed merger with Morgantown Inter im Bank, Morgantown, Kentucky; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . 1 /

Chicago Northwest Trus t & Savings Bank, Arl ington Heights , I l l i n o i s , proposal t o merge with F i r s t I l l i n o i s Bank of Ar l ing ton Heights , Ar l ing ton Heights , I l l i n o i s , under t h e c h a r t e r and t i t l e of F i r s t I l l i n o i s Bank of Ar l ing ton Heights ; r e p o r t to t h e Federal Deposit Insurance Corporat ion on compe t i t ive f a c t o r s . 1/

T j App l i ca t i on processed on behalf of t h e Board of Governors under de l ega t ed a u t h o r i t y .


H.2, 1983 No. 10 - 5 -


San Franci sco

S t . Louis

Dal l a s

Richmond

Chicago

Dal l a s

Chicago

Cleveland

Oregon Bank, P o r t l a n d , Oregon, proposed merger wi th Oregon S t a t e Bank, C o r v a l l i s , Oregon, under t h e c h a r t e r and t i t l e of t h e former ; r e p o r t to the Federal Deposit Insurance Corporat ion on compet i t ive f a c t o r s . V

Peoples Bank and Trust Company, Tupelo, M i s s i s s i p p i , proposal t o merge with The Peoples Inter im Bank, Tupelo, M i s s i s s i p p i ; r e p o r t to t h e Federal Deposit Insurance Corporat ion on compe t i t ive f a c t o r s . _]_/

P i l o t Point National Bank, P i l o t P o i n t , Texas, proposed merger with New P i l o t Point S t a t e Bank, P i l o t Po in t , Texas; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t ive f a c t o r s , y

Secur i ty Bank of Hunt ington, Hunt ington , West V i r g i n i a , proposed merger with SBH Bank, Hunt ington, West V i r g i n i a , a proposed new bank; r e p o r t to t he Federal Deposit Insurance Corporat ion on compet i t ive f a c t o r s , y

Secur i ty Bank of Novi, Novi, Michigan, proposal t o merge with S e c u r i t y Bank Oakland County, Novi, Michigan, under t h e c h a r t e r of Secur i ty Bank of Novi and t i t l e of Secu r i t y Bank Oakland County; r epo r t to t h e Federal Deposit Insurance Corpora t ion on compet i t ive f a c t o r s . V

Texas Bank and T r u s t , Temple, Texas, proposed merger with New Texas Bank and T r u s t , Temple, Texas; r epo r t to the Federal Deposit Insurance Corporat ion on compet i t ive f a c t o r s , 1/

Town & Country Bank, S p r i n g f i e l d , I l l i n o i s , proposal t o merge with T.C.B. Bank, S p r i n g f i e l d , I l l i n o i s , under t h e c h a r t e r of T.C.B Bank and t i t l e of Town & Country Bank; r e p o r t to t h e Federal Deposit Insurance Corporat ion on compe t i t ive f a c t o r s . 1/

C o r r e c t i o n : The n o t i c e f o r C i t i z e n s Bancshares , I n c . , Sal i n e v i l l e ,

Ohio, ex tens ion of t ime t o June 10, 1983, wi thin which to a cqu i r e The C i t i z e n s Bank Company, S a l i n e -v i l l e , Ohio, which appeared on Page 1 of H.2, 1983 No. 9 (a ) had t h e wrong Reserve Bank l i s t e d under Appl icable Reserve Bank. The c o r r e c t Reserve Bank should have been Cleve land . 1/

y ^ J ^ h o n ^ y e d o n b e h a l f of t h e Board of Governors under


H.2, 1983 N0. 10 - 6 -


To E s t a b l i s h a Domestic Branch Pursuant To Sect ion 9 of t h e Federal Reserve Act

Approved Chicago Comerica Bank-De t ro i t , D e t r o i t , Michigan. To

e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y a t 16235 E. Warren, D e t r o i t , Michigan. V

* * * * *

To Merge Pursuant t o Sect ion 18(c) of t h e Federal Deposi t Insurance Act

Approved Richmond Bank of V i r g i n i a , Richmond, V i r g i n i a , t o merge

with The Bank of Vienna, Vienna, V i r g i n i a . 1/

* * * * *

Issued In ten t t o Disapprove Change of Control Pursuant t o Change in Bank Control Act of 1978

Disapproved Royal Dominion, L t d . , Denver, Colorado.

* * * * *

Appl ica t ions and N o t i f i c a t i o n s f o r I n t e r n a t i o n a l Investments and Other Actions Pursuant to Sec t ions 25 and 25(a)

of t h e Federal Reserve Act and Sec t ions 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956, as amended

Approved New York Ci t ibank Overseas Investment Corpora t ion , Wilmington,

Delaware: has extended t h e dead l ine un t i l August 26, 1983, to con t inue to hold t h e sha res of Diners Club Argentina Sociedad Anonima Comercial y de Turismo, Buenos A i r e s , Argen t ina , no twi ths tand ing t h a t Diners Argent ina cont inues to provide t r a v e l agency s e r v i c e s .

TJ App l i ca t ion processed on behalf of t h e Board of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10 - 7 -

ACTI0N5 OF THE BOARD - Continued

National Bank of Canada, Montreal , Canada: en tered i n t o an agreement t h a t National Bank of Canada would l i m i t t he d e p o s i t - t a k i n g a c t i v i t i e s of a branch in Chicago, I l l i n o i s # (3 /7 /83 ) J J

Mellon National Corpora t ion , P i t t s b u r g h , Pennsylvania , f o r approval t o acqu i re Girard Zurich A.G., Zur ich , Swi tze r l and .

Sixty-Day N o t i f i c a t i o n Period Allowed t o Expire New York I rv ing Trust Company, New York, New York: no o b j e c t i o n

to e s t a b l i s h an i n i t i a l branch in Hong Kong.

* * * * *

To Form a Bank Holding Company Pursuant to Sect ion 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956

Withdrawn Canadian Bancshares , I n c . , Yukon, Oklahoma, f o r

approval t o acqu i r e a t l e a s t 80 pe rcen t of the vo t ing s h a r e s of Canadian S t a t e Bank, Yukon, Oklahoma.

Texas F i r s t F inancia l Corpora t ion , San August ine, Texas, fo r approval t o a cqu i r e 80 percent or more of t h e vot ing s h a r e s of San August ine Bancshares , I n c . , San Augus t ine , Texas and i n d i r e c t l y Commercial S t a t e Bank, San August ine , Texas.

Approved Center Bancorp, I n c . , Union, New J e r s e y , f o r approval

to acqu i re 100 percent of t h e vo t ing sha res of t h e successor by merger t o The Union Center National Bank, Union, New J e r s e y . 1 /

P h i l a d e l p h i a F i r s t Colonial Group, I n c . , Nazare th , Pennsylvania , fo r approval to acqu i r e 100 percent of t h e vot ing sha res of Nazareth National Bank and Trust Company, Nazareth , Pennsylvania . 1/

New York

Cleveland

Kansas City

Dal l a s

New York

T7 Appl ica t ion processed on behalf of t h e Board of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10


P h i l a d e l p h i a

Cleveland

Ri chmond

A t l a n t a

A t l an t a

At l an ta

A t l a n t a

A t l an t a

Chicago

S t . Louis

J u n i a t a Valley F inanc ia l Corpora t ion , Mi f f l i n town , Pennsy lvan ia , fo r approval t o acqu i re 100 percent of t h e vot ing s h a r e s of t h e J u n i a t a Valley Bank, M i f f l i n t o w n , Pennsylvania . ]_/

F i r s t Clyde Banc Corp . , Clyde, Ohio, f o r approval to acqu i re 100 percent of t h e vo t ing sha re s of The Clyde Savings Bank Company, Clyde, Ohio. J /

S t e r l i n g Bancorp, I n c . , E leanor , West V i r g i n i a , f o r approval t o acqu i r e a t l e a s t 80 pe r cen t of the vo t ing s h a r e s of The Buf fa lo Bank, E leanor , West V i r g i n i a . ] /

CCB Bancshares, I n c . , Hah i ra , Georgia , f o r approval to acqu i re 100 percent of t h e vo t ing s h a r e s of The C i t i z e n s Bank of Hahi ra , Hah i ra , Georgia.

F i r s t Frankl in Bancshares , I n c . , Athens , Tennessee, f o r approval t o a c q u i r e 100 pe rcen t of t he vot ing s h a r e s of The F i r s t National Bank and Trust Company, Athens, Tennessee . 1 /

F i r s t Thomson Bancorp, I n c . , Thomson, Georgia , f o r approval t o a c q u i r e 100 pe rcen t of t h e voting sha re s of The F i r s t National Bank of Thomson, Thomson, Georgia. 1/

Toombs Bank Sha re s , I n c . , V i d a l i a , Georgia , f o r approval to acqu i r e 100 percent of t h e vot ing sha res of Br i ce Banking Company, I n c . , V i d a l i a , Georgia. ]_/

Walthall Capi ta l Group, L t d . , Tylertown, M i s s i s s i p p i , f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of the vo t ing s h a r e s of Walthall C i t i z e n s Bank, Tylertown, M i s s i s s i p p i . ] /

Rushv i l l e Bancsha res , I n c . , R u s h v i l l e , I l l i n o i s , fo r approval t o a cqu i r e a t l e a s t 80 pe rcen t of the vo t ing s h a r e s of Rushv i l l e S t a t e Bank, R u s h v i l l e , II l i n o i s . T/

Fourth F i r s t Bancorp . , Hunt ingburg, I nd i ana , f o r approval to a cqu i r e 100 percent of t h e vo t ing sha re s of t h e successo r by merger to The F i r s t National Bank of Hunt ingburg, Hunt ingburg, Ind iana . ]_/

Tf App l i ca t i on processed on behalf of t h e Board of Governors under ~~ de l ega t ed a u t h o r i t y .


H.2, 1983 No. 10 - 9 -


S t . Louis

S t . Louis

Minneapolis

Minneapolis

Germantown Banc Corp . , Germantown, I l l i n o i s , f o r approval to acqu i r e a t l e a s t 96 percent of t h e vot ing s h a r e s of Germantown Trus t & Savings Bank, Germantown, I l l i n o i s . V

Peoples Commercial Serv ices C o r p o r a t i o n , Sena tob ia , M i s s i s s i p p i , fo r approval t o acqu i re 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t he vot ing sha re s of t h e successor by merger t o Peoples Bank of Sena tob ia , Sena tob i a , M i s s i s s i p p i . 1/

F i r s t F inancia l Corpo ra t i on , A r t h u r , North Dakota, f o r approval t o a c q u i r e a t l e a s t 81 .2 pe rcen t of t h e vo t ing sha re s of F i r s t S t a t e Bank of Ar thur , Ar thu r , North Dakota. ]_/

TwinCo, I n c . , Twin Br idges , Montana, fo r approval t o acqu i r e a t l e a s t 83.71 pe r cen t of t he vot ing sha re s of F i r s t National Bank of Twin Br idges , Twin Br idges , Montana. 1/

Kansas City

Dal l a s

Dal l a s

San Franci sco

Metro Bancshares , I n c . , Broken Arrow, Oklahoma, f o r approval t o acqu i re 100 percent of t h e vo t ing sha res of Metro Bank of Broken Arrow, Broken Arrow, Oklahoma. V

TransTexas Bancshares , I n c . , Beaumont, Texas, f o r approval to acqu i re a t l e a s t 80 percent of t h e vot ing sha re s of The F i r s t National Bank of Canton, Canton, Texas. j_/

Unicorp Bancshares-Houston, I n c . , Houston, Texas, f o r approval to acqu i re a t l e a s t 80 percent of t h e vot ing sha re s of Unitedbank-Metro, Houston, Texas. J_/

P lacer Bancorpora t ion , R o s e v i l l e , C a l i f o r n i a , fo r approval t o a cqu i r e 100 pe rcen t of the vot ing sha re s of P lacer Bank of Commerce, R o s e v i l l e , C a l i f o r n i a , a proposed new bank. 1/

* * * * *

1 7 App l i ca t ion processed on behalf of the Board of Governors under de l ega ted a u t h o r i t y .


H.2, 1983 No. 10 - 1 0 -


To Expand a Bank Holding Company Pursuan t t o Sec t ion 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956

Approved Chicago Northern Trus t C o r p o r a t i o n , Ch icago , I l l i n o i s , f o r

approval t o a c q u i r e a t l e a s t 97 .5 p e r c e n t ( l e s s d i r e c t o r s ' 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 Secu r i t y Bank of Oak Brook, Oak Brook, I l l i n o i s . J /

S t . Louis Germantown Bancsha res , I n c . , Germantown, Tennessee , f o r approval to a c q u i r e a t l e a s t 85 pe rcen t of t h e vo t ing s h a r e s of Tennessee Bank and T r u s t , M i l l i n g t o n , Tennessee , a proposed new bank. J_/

D a l l a s Al l i ed Bancshares , I n c . , Houston , Texas, f o r approval 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 C i t i z e n s National Bank of Beaumont, Beaumont, Texas.

Da l l a s I n t e r F i r s t C o r p o r a t i o n , D a l l a s , Texas , f o r approval t o a c q u i r e 100 p e r c e n t of t h e vo t ing s h a r e s of I n t e r F i r s t Bank NW San Anton io , Nat ional A s s o c i a t i o n , San Antonio , Texas. 1/

D a l l a s Panhandle Bancsha res , I n c . , Panhandle , Texas , f o r approval t o a c q u i r e 81 .15 pe rcen t of t h e v o t i n g s h a r e s of F i r s t S t a t e Bank, Tuli a , Texas. 1/

* * * * *

To Expand a Bank Holding Company Pursuant t o Sec t ion 3 ( a ) ( 5 ) of t h e Bank Holding Company Act of 1956

Approved Cleveland Mellon Nat ional C o r p o r a t i o n , P i t t s b u r g h , P e n n s y l v a n i a ,

f o r approval t o merge w i t h The Girard Company, Bala Cynwyd, Pennsy lvan i a .

A t l a n t a Gwinnett Holding C o r p o r a t i o n , S n e l l v i l l e , Georg ia , f o r approval t o merge wi th Ful ton Bancsha re s , I n c . , S n e l l v i l l e , Georgia and i n d i r e c t l y a c q u i r e Her i t age Bank, A l p h a r e t t a , Georg ia . 1/

T7 A p p l i c a t i o n p rocessed on behalf 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, 1983 No. 10 - 11


To Expand a Bank Holding Company Pursuant to Sect ion 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956

Withdrawn Boston Old Stone Corpora t ion , Providence , Rhode I s l a n d ,

n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( a c t i n g as agent in t he saTe of c a s u a l t y in su rance on proper ty mortgaged in connection wi th ex tens ions of c r e d i t ) a t S u i t e 502, 3700 Fores t Dr ive , Columbus, South Caro l ina and Su i t e 500-A Piedmont East, 37 V i l l a Road, G r e e n v i l l e , South C a r o l i n a , se rv ing cen t r a l and nor thwestern South C a r o l i n a , through i t s s u b s i d i a r y , Unimortgage Corporat ion of S.C. ( 3 / 7 / 8 3 ) 3/

Kansas City Kansas National Bancorporat ion , I n c . , Good land , Kansas, f o r approval t o acqu i r e The F i r s t Insurance Agency, I n c . , Goodland, Kansas.

New York

Cleveland

Cleveland

Approved European American Bancorp, New York, New York, fo r

approval t o i n v e s t , through i t s s u b s i d i a r y , EAB Holdings C o r p . , in P i lg r im , Bax te r , Hoyt & Greig, P h i l a d e l p h i a , a l im i t ed p a r t n e r s h i p engaged in provid ing s e c u r i t i e s p o r t f o l i o investment advice . 1 /

Mellon National Corpo ra t i on , P i t t s b u r g h , Pennsylvania , fo r approval t o acqu i re 100 percent of t h e vot ing sha res of Mortgage and T r u s t , I n c . , Houston, Texas and Carol ina Real ty Co . , Houston, Texas.

Mellon National Corpora t ion , P i t t s b u r g h , Pennsylvania , fo r approval to acqu i re 100 percent of t h e vot ing sha res of Girard Leasing Corpora t ion , Bala Cynwyd, Pennsylvania ; Girard S e r v i c e s , I n c . , P h i l a d e l p h i a , Pennsylvania and GIRAC0 Li fe Insurance Company, Phoenix, Arizona.

T7 Appl i cat ion" processed on behalf of t he Board of Governors under de: " h o r i t y .

3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the duara of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10 - 1 2 -


Delayed Minneapolis Northwest Bancorpora t ion , Minneapol is , Minnesota,

n o t i f i c a t i o n of i n t e n t to r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e , i nc lud ing c r e d i t l i f e , c r e d i t acc iden t and hea l t h and proper ty and c r e d i t - r e l a t e d c a s u a l t y i n su rance r e l a t e d t o ex t ens ions of c r e d i t by Dial Finance Company of North C a r o l i n a , Dial Cred i t Company of North Caro l ina and F i r s t D i a l , Inc . [such s a l e of c r e d i t -r e l a t e d in su rance being a p e r m i s s i b l e a c t i v i t y under Subparagraph D of T i t l e VI of t h e Garn-St . Germain Deposi tory I n s t i t u t i o n s Act of 1982]) from Center Plaza B u i l d i n g , S u i t e GF, 411 F a y e t t e v i l l e S t r e e t , Ra le igh , North C a r o l i n a , t o 2920 Highwoods Boulevard, Su i t e 121, Ra l e igh , North C a r o l i n a , which o f f i c e , upon r e l o c a t i o n , w i l l s e rve Rale igh , North C a r o l i n a , through i t s s u b s i d i a r i e s , Dial Finance Company of North C a r o l i n a , Dial Cred i t Company of North Caro l ina and F i r s t D i a l , Inc . (3 /7 /83) 3/

Minneapolis Northwest Bancorpora t ion , Minneapolis , Minnesota, n o t i f i c a t i o n of i n t e n t to r e l o c a t e de novo a c t i v i t i e s (consumer and commercial~Tinance, and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e , i nc lud ing c r e d i t l i f e , c r e d i t acc iden t and h e a l t h and proper ty and c r e d i t - r e l a t e d c a s u a l t y insu rance r e l a t e d t o ex t ens ions of c r e d i t by Dial Finance Company of C a l i f o r n i a [such s a l e of c r e d i t - r e l a t e d i n s u r a n c e being a p e r m i s s i b l e a c t i v i t y under Sub-paragraph D of T i t l e VI of t h e Garn-St . Germain Deposi tory I n s t i t u t i o n s Act of 1982]) from 2524 Sav ie r s Road, Oxnard, C a l i f o r n i a , t o Wagon Wheel P l a z a , 888 Wagon Wheel Road, Oxnard, C a l i f o r n i a , s e rv ing Oxnard, Cali f o r n i a , through i t s s u b s i d i a r y , Dial Finance Company of C a l i f o r n i a (3 /7 /83 ) 3/

Minneapolis Northwest Bancorpora t ion , Minneapol is , Minnesota, n o t i f i c a t i o n of i n t e n t to r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , amJ the s a l e of c r e d i t - r e l a t e d i n s u r a n c e , i nc lud ing c r e d i t l i f e , and c r e d i t acc iden t and hea l t h and proper ty and c r e d i t r e l a t e d ca sua l ty i n s u r a n c e r e l a t e d t o ex tens ions of c r e d i t by Dial Finance Company of New J e r s e y , Inc . [such s a l e of c r e d i t - r e l a t e d insurance being a pe rmi s s ib l e a c t i v i t y under Subparagraph D of T i t l e VI of the Garn-St . Germain Depository

J J 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10 - 1 3 -


I n s t i t u t i o n s Act of 1 982]) from 5641 Wes t f i e ld Avenue, Pennsauken, New Jersey t o Greentree Commons, Route 73, Marl ton, New J e r s e y , se rv ing Marl ton, New Jersey , and o ther nearby suburbs of Camden, New J e r s e y , P h i l a d e l p h i a , Pennsy lvan ia , through i t s s u b s i d i a r y , Dial Finance Company of New J e r s e y , Inc. ( 3 / 7 / 8 3 ) 2 /

Minneapolis Northwest Bancorpora t ion , Minneapol is , Minnesota, n o t i f i c a t i o n of i n t e n t to r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e , i nc lud ing c r e d i t l i f e , c r e d i t acc iden t and hea l t h and proper ty and c r e d i t - r e l a t e d c a s u a l t y insurance r e l a t e d to ex tens ions of c r e d i t by Dial Finance Company of C a l i f o r n i a [such s a l e of c r e d i t - r e l a t e d insurance being a pe rmi s s ib l e a c t i v i t y under Subparagraph D of T i t l e VI of t h e Garn-St . Germain Deposi tory I n s t i t u t i o n s Act of 1982]) from 299 Webster S t r e e t , Monterey, C a l i f o r n i a to 176 East Laurel Dr ive , S a l i n a s , C a l i f o r n i a , se rv ing Sal inas , C a l i f o r n i a , through i t s s u b s i d i a r y , Dial Finance Company of C a l i f o r n i a (3 /7 /83) 3/

Permi t ted New York The Chase Manhattan C o r p o r a t i o n , New York, New York,

r eques t s permiss ion to expand t h e a c t i v i t i e s (under-w r i t i n g as r e i n s u r e r c r e d i t l i f e insurance and c r e d i t acc iden t and h e a l t h insu rance d i r e c t l y r e -l a t e d to ex tens ions of c r e d i t by The Chase Manhattan Bank (USA), National A s s o c i a t i o n , Wilmington, Dela-ware) a t Commonwealth Bu i ld ing , Univers i ty P laza , Newark, Delaware, through i t s s u b s i d i a r y , Western Hempshi re L i fe Insurance Company (3 /6 /83) 3/

P h i l a d e l p h i a P h i l a d e l p h i a National Corpora t ion , P h i l a d e l p h i a , Pennsy lvan ia , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( in mortgage banking a c t i v i t i e s , i n c l u d i n g t h e making and acqu i r ing of loans secured by mortgages on real e s t a t e , a l l as permi t ted by New York law) a t 3 Computer Drive , S u i t e 100, Albany; 214 East Main S t r e e t , P. 0. Box 445, Ba tav ia ; 3526 W. Genesee S t r e e t , P. 0. Box 95, Syracuse ; S to re 7A, Suburban P laza , 2199 E. Hen r i e t t a Road, Roches te r ; 258 N. Main S t r e e t , P. 0 . Box 408, Herkimer; 96 East Main

17 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of t he Board of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10 14 -


S t r e e t , Mai one; 346 Broadway, P. 0. Box 2876, Newburgh; 117 N. P l a z a , N. Plaza Shopping C t r . , P. 0 . Box 156, Syracuse; 1354 Lyel1 Avenue, Lye l l -Mt, Read Shopping C t r . , Roches ter ; 206 But ternut S t r e e t , P. 0. Box 38, Syracuse; and 34 West Main S t r e e t , P. 0. Box 273, Webster , through i t s newly-formed i n d i r e c t s u b s i d i a r y , Signal Mortgage Corporat ion of New York (3 /11/83) V

P h i l a d e l p h i a United National Bancorpora t ion , Huntingdon, Pennsyl-v a n i a , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( in making l e a s e s of real and personal proper ty in accordance with t h e Board 's Regulat ion Y) a t 501 Penn S t r e e t , Huntingdon, Pennsylvania , se rv ing a l l of Pennsy lvan ia , through i t s s u b s i d i a r y , Unitas Commercial Leasing Corporat ion (3 /12/83) 3/

Richmond Suburban Bancorp, Bethesda, Maryland, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (engaging gene ra l l y in t h e bus iness of acqu i r ing loans and o ther ex tens ions of c r e d i t f o r i t s e l f and o t h e r s ; engaging in the bus iness of s e r v i c i n g loans and other ex tens ions of c r e d i t f o r i t s e l f and o t h e r s ; and engaging in t he bus iness of a r r ang ing f i n a n c i n g , f i n a n c i a l s t r u c t u r i n g , and a n a l y s i s of real e s t a t e problems) a t 7155 Green-v i l l e Avenue, D a l l a s , Texas, through i t s s u b s i d i a r y , Suburban Mortgage Assoc ia t e s Incorporated (3 /12/83) 3/

Chicago American F l e t c h e r Corpo ra t i on , I n d i a n a p o l i s , Ind iana , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making or acqu i r ing loans or o ther ex tens ions of c r e d i t f o r p e r s o n a l , family or house-hold pu rpose s , i nc lud ing loans secured by home e q u i t i e s , purchasing customer i n s t a l l m e n t s a l e s f i nance c o n t r a c t s and a c t i n g as agent with r e spec t to c r e d i t l i f e and d i s a b i l i t y in su rance on borrowing customers and insurance on proper ty taken as c o l l a t e r a l f o r loans and c o n t r a c t s made or purchased) a t 407 C l i f t y Drive, Madison, Ind iana , t h e geographic area to be served i s J e f f e r s o n County, Ind iana , through i t s s u b s i d i a r y , American F l e t c h e r F inancia l S e r v i c e s , I n c . , Marion, Indiana (3 /12/83) 3/

17 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under de lega ted a u t h o r i t y ;


H. 2, 1983 No. 10 - 1 5 -


Kansas City BancOklahoma Corp. , T u l s a , Oklahoma, n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( in mortgage banking a c t i v i t i e s , i nc lud i ng t h e o r i g i n a t i o n , warehousing and s e l l i n g of f i r s t mortgage l o a n s , second mortgage home improvement l oans , equ i ty l o a n s , i n t e r i m c o n s t r u c t i o n loans and land a c q u i s i t i o n loans f o r i t s own account or f o r t h e account of o t h e r s ; and in a d d i t i o n , t h e s e r v i c i n g of such loans a l so f o r i t s own account or f o r t h e account of o t h e r s ) a t Tri ad Cen te r , 61st and Memorail, T u l s a , Oklahoma, and w i l l s e rve t h e Tulsa S.M.S.A., through i t sub-s i d i a r y , BancOklahoma Mortgage Corp. (3 /9 /83) 3/

Kansas City Centinel Bank Shares I n c . , Taos, New Mexico, n o t i f i c a t i on of i n t e n t to engage in de novo a c t i v i t i e s (provid ing bookkeeping or data process ing s e r v i c e s f o r the in-t e r n a l ope ra t ions of t h e holding company and i t s s u b s i d i a r i e s and s t o r i n g and process ing o the r banking, f i n a n c i a l or r e l a t e d economic d a t a , such as performing p a y r o l l , accounts r e c e i v a b l e or payable or b i l l i n g s e r v i c e s ) from an o f f i c e loca ted on t h e premises of i t s s u b s i d i a r y , Centinel Bank of Taos, South Santa Fe Road, Taos, New Mexico, s e rv ing the town of Taos, New Mexico and t h e surrounding a rea (3 /9 /83) 3/

Secur i ty P a c i f i c Corpo ra t i on , Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making or a c q u i r i n g for i t s own account or for t h e account of o t h e r s , loans and ex tens ions of c r e d i t , i nc lud ing making consumer i n s t a l l m e n t personal l o a n s , purchasing consumer i n s t a l l m e n t s a l e s f i nance con-t r a c t s , making loans to small bus inesses and o ther ex tens ions of c r e d i t such as would be made by a f a c t o r i n g company or a consumer f i nance company, and ac t ing as broker or agent f o r t he sa l e of c r e d i t l i f e and c r e d i t acc ident and hea l th insurance) in Beck l e y , Clarksburg , Huntington and Mar t insburg , West V i r g i n i a , each s e r v i n g t h e S ta te of West V i r g i n i a , through i t s s u b s i d i a r i e s , Secur i ty P a c i f i c Finance Corp. of Beckley, Secur i ty P a c i f i c Finance Corp. of C la rksburg , Secur i ty P a c i f i c Finance Corp. of Huntington and Secur i ty P a c i f i c Finance Corp. of Mart insburg (3 /11 /83) 3/

San Franci sco

J7 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under de lega ted a u t h o r i t y .


H.2, 1983 No. 10 - 16 -


Agreements F i l ed Pursuant to Sect ion 8 of the S e c u r i t i e s Exchange Act of 1934

Standard Chartered Bank Limi ted , London, England, has f i l e d an agreement with t h e Federal Reserve Bank of New York (which i s au thor ized t o accept such agreements on behal f of t h e Board of Governors under de lega ted a u t h o r i t y ) under taking t o comply with a l l p rov i s ions which r e la t e to t h e use of c r e d i t t o f i n a n c e t r a n s a c t i o n s in s e c u r i t i e s .


H.2, 1983 No. 10 - 17 -

APPLICATIONS RECEIVED

To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act

Ci t izens Bank, Sheboygan, Wisconsin, t o merge with Ci t i zens South Side Bank, Sheboygan, Wisconsin. 2/

Ci t izens Bank, Sheboygan, Wisconsin, t o merge with Ci t i zens Bank of Manitowoc, Manitowoc, Wisconsin. 7J

* * * * *

To E s t a b l i s h a Domestic Branch Pursuant t o Sect ion 9 of t h e Federal Reserve Act

C i t i z e n s Bank and Trus t Company of Baytown, Baytown, Texas. To e s t a b l i s h and use an o f f s i t e e l e c t r o n i c f a c i l i t y a t San J a c i n t o Mal l , Garth Road a t I n t e r s t a t e 10, H a r r i s County, Texas. 2/

Bank of V i r g i n i a , Richmond, V i r g i n i a . To e s t a b l i s h a customer-bank communication terminal a t 4383 Dale Boulevard, Woodbridge, V i r g i n i a . 2/

* * * * *

Appl i ca t ions and N o t i f i c a t i o n s f o r I n t e r n a t i o n a l Investments and Other Actions Pursuant to Sect ion

25 and 25(a) of t h e Federal Reserve Act and Sec t ions 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company

Act of 1956, as amended

New York Chemical I n t e r n a t i o n a l Finance , L imi ted , New York, New York: p r i o r n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h a wholly owned de novo holding company, Chemical Singapore Hold ings , L t d . , Singapore ( "Ho ld ings" ) , and t o cont inue to hold t h e shares of Holdings a f t e r i t a c q u i r e s 50 percent of t h e sha re s of a de novo merchant bank, Chemical Sanwa (Singapore) L imi ted , S ingapore , as a j o i n t ven tu re with The Sanwa Bank, Limi ted , Osaka, Japan.

Chicago

Chicago

Dal l a s

Richmond

2/ App l i ca t ion s u b j e c t to Community Reinvestment Act. The Community A f f a i r s Of f i cer of t h e a p p l i c a b l e Reserve Bank may be con tac ted as to t h e l eng th of t h e comment p e r i o d .


H .2, 1983 No. 10 - 1 8 -

APPLICATIONS RECEIVED - Continued

San F i r s t P a c i f i c Investments Limi ted , Hong Kong: Franc i sco r e q u e s t s consent t o r e t a i n i t s i n d i r e c t investment

in JF Special Holdings Limi ted , Hong Kong.

San Secur i ty P a c i f i c Co rpo ra t i on , Los Angeles, C a l i f o r n i a : F ranc i sco prior n o t i f i c a t i o n of i t s i n t e n t to purchase up to

100 percent of Ra l l i Bro thers (Bankers) S.A. , Geneva, Swi t ze r l and .

* * * * *

To Form a Bank Holding Company Pursuant to Section 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956

P h i l a d e l p h i a County Bancorp, I n c . , Montrose, Pennsylvania , f o r approval t o acqu i re 100 percent of t h e vot ing sha re s of County National Bank of Montrose, Montrose, Pennsylvania . 2/

Cleveland Empire Bancshares , I n c . , H i c k s v i l l e , Ohio, f o r approval t o acqu i re 100 percent of t h e vot ing sha re s of The Hicksvi1 le Bank, H i c k s v i l l e , Ohio. 2/

Cleveland KYNB Bancshares , I n c . , Lexington, Kentucky, f o r approval to acqu i r e a t l e a s t 95.04 percen t of t h e vo t ing sha res of C i t i z e n s Union National Bank & Trus t Co . , Lexington, Kentucky. 2/

Cleveland McCreary Bancshares , I n c . , Whitley C i ty , Kentucky, f o r approval to a cqu i r e 100 pe rcen t of t he vot ing sha res of Bank of McCreary County, Whitley C i t y , Kentucky. 2/

Richmond The Bank of Southside V i r g i n i a Corpora t ion , Carson, V i r g i n i a , fo r approval t o acqu i re 100 percent of t h e vot ing s h a r e s of Bank of Southside V i r g i n i a , Carson, V i r g i n i a . 2/

Richmond F i r s t Secur i ty F inancia l Corpora t ion , S a l i s b u r y , North C a r o l i n a , fo r approval to acqui re 100 percent of the vot ing sha re s of Secur i ty Bank and Trus t Company, S a l i s b u r y , North C a r o l i n a . 2/

77 Appl ica t ion sub j ec t to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t he a p p l i c a b l e Reserve Bank may be con tac ted as to the length of the comment p e r i o d .


H.2, 1983 No. 10 - 19 -


A t l an t a F i r s t Dickson Corpora t ion , Dickson, Tennessee, fo r approval t o a cqu i r e 100 percent of t h e vot ing

f . shares of The F i r s t National Bank of Dickson, VeDickson* Tennessee. 2j

A t l a n t a ? F i r s t Tuskaloosa Corpo ra t i on , Tusca loosa , Alabama, fo r approval t o acqu i r e 100 percent of t h e vot ing sha res of The F i r s t National Bank of Tuskaloosa, Tusca loosa , Alabama. 2/

At lan t a The F l a g l e r Bank Corpo ra t ion , West Palm Beach, F l o r i d a , fo r approval t o acqu i re 100 percent of t h e vot ing sha res of F l a g l e r National Bank of t h e Palm Beaches, West Palm Beach, F l o r i d a . 2/

A t l a n t a Merchants and P l a n t e r s Co rpo ra t i on , Newport, Tennessee, fo r approval t o a c q u i r e 100 percent of t h e vot ing sha res of Merchants and P l a n t e r s Bank of Newport, Newport, Tennessee. 2/

Chicago BancUnion Corp, L a n c a s t e r , Wisconsin, f o r approval to acqu i re a t l e a s t 80 percent o r more of t h e vot ing sha res of Union Bank & T r u s t , L a n c a s t e r , Wisconsin. 2/

S t . Louis Bancshares of Gleason, I n c . , Gleason, Tennessee, f o r approval t o acqu i r e a t l e a s t 80 percen t of t he vot ing sha re s of Bank of Gleason, Gleason, Tennessee. 2/

St . Louis Egyptian Bancshares , I n c . , C a r r i e r M i l l s , I l l i n o i s , f o r approval t o acqu i re 100 percent of t h e vot ing sha res of The Egyptian S t a t e Bank, C a r r i e r M i l l s , I l l i n o i s . 2j

S t . Louis GCB Bancshares , I n c . , Sher idan , Arkansas, for approval to a cqu i r e a t l e a s t 80 pe rcen t of t he vot ing sha re s of Grant County Bank, Sher idan , Arkansas. 2/

St . Louis Oakland City Bancshares Corp. , Oakland C i ty , Ind iana , fo r approval t o acqu i r e a t l e a s t 80 percent of t h e voting sha re s of F i r s t Bank and Trust Company of Oakland C i t y , Oakland C i t y , Ind iana . 2]

St . Louis The Peoples Holding Company, Tupelo, M i s s i s s i p p i , f o r approval to acqui re 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to The Peoples Bank and Trust Company, Tupelo, M i s s i s s i p p i . 2/

~7J Appl ica t ion sub jec t to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be contac ted as to the length of t he comment p e r i o d .


H.2, 1983 No. 10 20

S t . Louis

Mi nneapoli s

Minneapolis

Kansas City

Kansas City

Dal l as

San Franc i sco


Secur i ty F inanc ia l Corp . , S t a r k v i l l e , M i s s i s s i p p i , f o r approval t o a c q u i r e 100 percent of t h e vot ing sha re s of t h e successo r by merger to Secur i ty S t a t e Bank, S t a r k v i l l e , M i s s i s s i p p i . 2/

Cot tage Grove BanCorporat ion, I nc» , S t . Pau l , Minnesota, f o r approval t o a cqu i r e 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e vot ing s h a r e s of Minnesota National Bank of Cottage Grove, Cottage Grove, Minnesota. 2/

Eagan BanCorporat ion, I n c . , S t . Pau l , Minnesota, f o r approval t o acqu i re 100 percen 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 vot ing s h a r e s of Minnesota National Bank of Eagan, Eagan, Minnesota. 2J

American National Bancshares , I n c , Baxter Spr ings , Kansas, fo r approval t o a cqu i r e 80 percent or more of t h e vot ing s h a r e s of The American National Bank of Baxter Spr ings , Baxter Sp r ings , Kansas. 2/

Firs tAmerican Corpora t ion of Colorado Spr ings , S t . Pau l , Minnesota, f o r approval t o acqu i re 100 percent of t h e vot ing s h a r e s of American Her i tage Corpora t ion , S t . Paul , Minnesota and i n d i r e c t l y Firs tAmerican Bank, Colorado Spr ings , Colorado. 2/

LB0 Bancorp, I n c . , West Monroe, Lou i s i ana , fo r approval to a c q u i r e a t l e a s t 80 .0 pe rcen t of t h e vot ing sha re s of Louisiana Bank of Ouachita P a r i s h , West Monroe, Louisi ana. 2/

The Manila Banking Corpo ra t ion , Manila, P h i l i p p i n e s , f o r approval to acqu i r e 100 percent of t h e vot ing sha re s of Manilabank C a l i f o r n i a , Los Angeles, C a l i f o r n i a , a proposed new bank. 2/

* * * * *

T j App l i ca t ion s u b j e c t to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be con tac ted as t o t he l eng th of t h e comment p e r i o d .


H.2, 1983 N0. 10 - 2 1 -


To Expand a Bank Holding Company Pursuant to Sect ion 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956

Richmond

Chicago

St . Louis

Kansas City

Kansas City

Dal l a s

Dal las

Dal l a s

One Valley Bancorp of West V i r g i n i a , I n c . , C h a r l e s t o n , West V i r g i n i a , f o r approval t o a c q u i r e 100 pe rcen t of t h e vo t ing s h a r e s of The Secur i ty Bank of Huntington, Hunt ington, West V i r g i n i a . 2/

S t a t e National Co rpo ra t i on , Evanston, I l l i n o i s , fo r approval t o a c q u i r e 100 pe rcen t of t h e vot ing s h a r e s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e successor by merger t o The Bank & Trus t Company of Ar l ington He igh t s , Ar l ington Heights , II l i n o i s . 2/

Community Bancorp, I n c . , Manchester , Missour i , f o r approval to acqu i r e 100 percent of t h e vot ing s h a r e s of B.O.B. Financia l Corpora t ion , Bismarck, Missouri and i n d i r e c t l y 97 .50 percent of Bank of Bismarck, Bismarck, Missour i , 2/

Char terCorp , Kansas C i t y , Mis sou r i , fo r approval t o acqui r e 97.944 pe rcen t of t h e vot ing s h a r e s of Thornton Bank, Nevada, Missour i . 2/

IntraWest F inancia l Corpo ra t i on , Denver, Colorado, fo r approval to acqu i re 100 percent of t h e vot ing sha res of IntraWest Bank of Highlands Ranch, N.A., L i t t l e t o n , Colorado, a proposed new bank. 2I

BancTEXAS Group I n c . , D a l l a s , Texas, f o r approval to acqu i re 100 percent of t h e vo t ing sha res of The Standard Bank, Houston, Texas. 2/

Texas Independent Bancshares , Inc. , Hi tchcock, Texas, f o r approval to a c q u i r e 100 pe rcen t of the vot ing sha re s of Bank of t h e West, Ga lves ton , Texas. 2/

United Bankers, I n c . , Waco, Texas , f o r approval to acqu i r e a t l e a s t 54.85 percent of t h e vo t ing shares of Fame rs S t a t e Bank of Madi sonvi 1 l e , Madi sonvi l i e , Texas. 2/

T j App l i ca t ion s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be con tac ted as t o t h e l eng th of t he comment p e r i o d .


H.2. 1933 No. 1 - 2 2 -


To Expand a Bank Holding Company Pursuant to Section 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956

Boston CBT Corpora t ion , H a r t f o r d , Connec t icu t , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t h e f u n c t i o n s and a c t i v i t i e s t h a t may be performed by a t r u s t company i n c l u d i n g a c t i n g in any f i d u c i a r y capac i ty and in o the r i nc iden ta l a c t i v i t i e s necessary to conduct a general t r u s t company bus iness ) a t 400-450 A u s t r a l i a n Avenue, West Palm Beach, F l o r i d a , s e rv ing t h e S t a t e of F l o r i d a , through i t s s u b s i d i a r y , CBT Trus t Company of F l o r i d a , N.A. (3 /10/83)

New York The Bank of New York Company, I n c . , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e engaging in t h e fo l lowing a c t i v i t i e s (making loans secured by f i r s t and second mortgages on real e s t a t e c o n s i s t i n g of o n e - t o - f o u r f ami ly r e s i d e n t i a l pro-p e r t i e s ) a t 190 South King S t r e e t , S u i t e 1795, Honolulu, Hawaii , through i t s s u b s i d i a r y , ARCS Mortgage, Inc . (3 /11 /83)

New York The Chase Manhattan Corpo ra t i on , New York, New York, r eques t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in t h e fo l lowing a c t i v i t i e s (making or acqu i r ing f o r i t s own account or f o r the account of o t h e r s , loans and other ex tens ions of c r e d i t secured by real e s t a t e i n c l u d i n g , but not l imi t ed t o , f i r s t and second mortgage loans secured by o n e - t o - f o u r fami ly r e s i d e n t i a l p r o p e r t i e s , s e r v i c i n g loans and o ther ex t ens ions of c r e d i t fo r any person , o f f e r i n g mortgage term l i f e i n s u r a n c e , a c c i d e n t and h e a l t h insurance and d i s a b i l i t y insurance d i r e c t l y r e l a t e d to the proposed lending and s e r v i c i n g a c t i v i t i e s ) a t 1020 Bay Area Boulevard, Clear Lake C i t y , Texas, through i t s s u b s i d i a r y , Chase Home Mortgage Corporat ion (3 /7 /83 )

New York The Chase Manhattan Corpora t ion , New York, New York, r eques t s permission to e s t a b l i s h a de novo o f f i c e engaging in t h e fo l lowing a c t i v i t i e s (maki ng or a c q u i r i n g for i t s own account or fo r t h e account of o t h e r s , loans and o t h e r ex tens ions of c r e d i t secured by rea l e s t a t e i n c l u d i n g , but not l imi t ed t o , f i r s t and second mortgage loans secured by o n e - t o - f o u r fami ly r e s i d e n t i a l p r o p e r t i e s , s e r v i c i n g loans and o t h e r ex tens ions of c r e d i t f o r any person , o f f e r i n g mortgage term l i f e i n s u r a n c e , acc ident and h e a l t h i n su rance and d i s a b i l i t y insurance d i r e c t l y r e l a t e d to t h e proposed lending and s e r v i c i n g a c t i v i t i e s ) a t 9400 North Central Expressway, D a l l a s , Texas, through i t s s u b s i d i a r y , Chase Home Mortgage Corporat ion (3 /7 /83)


H.2, 1983 No. 10 - 23


New fork The Chase Manhattan Corpora t ion , New York, New York, r eques t s permission to e s t a b l i s h a de novo o f f i c e engaging in the fo l lowing a c t i v i t i e s (making or a c q u i r i n g , fo r i t s own account or fo r the account of o t h e r s , loans and o t h e r ex tens ions of c r e d i t secured by rea l e s t a t e i n c l u d i n g , but not l imi ted t o , f i r s t and second mortgage loans secured by o n e - t o - f o u r fami ly r e s i d e n t i a l p r o p e r t i e s , s e r v i c i n g loans and o t h e r ex tens ions of c r e d i t f o r any person, o f f e r i n g mortgage term l i f e insurance d i r e c t l y r e l a t e d t o t h e proposed lending and s e r v i c i n g a c t i v i t i e s ) in t h e v i c i n i t y of Blanding Boulevard and Kingsley Avenue, Orange Park, F l o r i d a , through i t s s u b s i d i a r y . Chase Home Mortgage Corporat ion (3 /7 /83)

New York F i d e l i t y Union Bancorpora t ion , Newark, New J e r s e y , r eques t s permission to e s t a b l i s h a de novo o f f i c e engaging in t he fo l lowing a c t i v i t i e s (engaging in t r u s t and p r i v a t e f i n a n c i a l s e r v i c e s and o ther f u n c t i o n s or a c t i v i t i e s t h a t may be performed or c a r r i e d on by a t r u s t company [ i n c l u d i n g a c t i v i t i e s of a f i d u c i a r y , agency, or cus tod ian n a t u r e ] in t h e p a r t i c u l a r manner au thor ized by app l i cab l e f ede ra l and S t a t e law except t h a t t he proposed s u b s i d i a r y sha l l not make l o a n s , inves tments or accept depos i t s o the r than as au thor ized by 12 C.F.R. § 2 2 5 . 4 ( a ) ( 4 ) ) a t 1515 North Federal Highway, Boca Raton, F l o r i d a , through i t s s u b s i d i a r y , F i d e l i t y Union Trust Company of F l o r i d a , National Assoc ia t ion (3 /10/83)

New York Midlant ic Banks I n c . , Edison, New Jersey and Flor ida Coast Banks, I n c . , Pompano Beach, F l o r i d a , fo r approval t o e s t a b l i s h a de novo t r u s t r e p r e s e n t a t i v e o f f i c e in Boca Raton, F l o r i d a , of F lo r ida Coast Midlant ic Trust Company, N.A., Lighthouse Po in t , F l o r i d a .

P h i l a d e l p h i a Cont inental Bancorp, I n c . , P h i l a d e l p h i a , Pennsylvania , fo r approval t o acqu i re 100 percent of t h e vot ing shares of Lenders Li fe Insurance Company, Phoenix, Arizona.


H.2, 1983 No. T - 2 4 -

APPLICATIO?j DECEIVED - Continued

Richmond Dominion Bankshares C o r p o r a t i o n , Roanoke, V i r g i n i a , n o t i f i c a t i o n of i n t e n t t o expand i t s de novo a c t i v i t i e s ( to i nc lude l e a s i n g personal" p roper ty or a c t i n g as a g e n t , b r o k e r , or advisor in l ea s ing such p r o p e r t y ; making loans and o t h e r ex tens ions of c r e d i t fo r i t s own account and fo r t he account of o t h e r s ; s e r v i c i n g such loans and o t h e r ex tens ions of c r e d i t f o r o t h e r s ; and a c t i n g as agent in t h e s a l e of c r e d i t l i f e i n s u r a n c e , c r e d i t acc iden t and h e a l t h i n s u r a n c e , c r e d i t d i s a b i l i t y i n su rance and n o n c o n v e r t i b l e term l i f e i n s u r a n c e , a l l d i r e c t l y r e l a t e d t o i t s e x t e n s i o n s of c r e d i t ; and to engage through i t s s u b s i d i a r y , Dominion Bankshares S e r v i c e s , Inc . , in a c t i n g as i n su rance agent or b roke r with r e s p e c t t o c r e d i t l i f e i n s u r a n c e , c r e d i t acc iden t and h e a l t h i n s u r a n c e , c r e d i t d i s a b i l i t y in su rance and nonconve r t i b l e term l i f e i n su rance r e l a t e d to e x t e n s i o n s of c r e d i t i n v o l v i n g Dominion Leasing Corpora t ion ) a t 2810 Parham Road, Richmond, V i r g i n i a , through i t s s u b s i d i a r y , Dominion Leasing Corpora t ion ( 3 / 9 / 8 3 )

A t l a n t a City National Bank C o r p o r a t i o n , Miami, F l o r i d a , f o r approval t o a c q u i r e 100 percent of t h e vo t ing sha res of Data te l of F l o r i d a , I n c . , A lexandr i a , V i r g i n i a .

Chicago Hawkeye Bancorpora t ion , Des Moines, Iowa, n o t i f i c a t i o n of i n t e n t to e s t a b l i s h e i g h t de novo o f f i c e s engaging in de novo a c t i v i t i e s ( t o engage in mortgage lending and s e r v i c i n g a c t i v i t i e s ) a t 1400 B l a i r s Fer ry Road N.E. , Cedar Rapids , Iowa; 4301 Sargent Road, Sioux C i t y , Iowa; 8500 Hickman Road, Des Moines, Iowa; 222 North Main S t r e e t , B u r l i n g t o n , Iowa; 2401 Un ive r s i ty Avenue, Des Moines, Iowa; 305 Ankeny B l v d . , Ankeny, Iowa; 333 West Broadway, Council B l u f f s , Iowa and 5700 Hickman Road, Des Moines, Iowa, through i t s s u b s i d i a r y , Hawkeye Mortgage Company (3 /4 /83 )

Minneapol is American Bancorpora t ion Holding Company, Bra ine rd , Minnesota , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( p r i m a r i l y in consumer f i n a n c e a c t i v i t i e s , i n c l u d i n g t h e ex tens ion of d i r e c t loans to consumers secured by personal or real p r o p e r t y , and s e c o n d a r i l y in commercial f i n a n c e a c t i v i t i e s i n c l u d i n g ex tens ion of commercial loans secured by b o r r o w e r ' s i n v e n t o r y , accounts r e c e i v a b l e , or o the r a s s e t s ; s e r v i c i n g loans f o r a f f i l i a t e s and o t h e r s ; and p rov id ing bookkeeping and data p roces s ing s e r v i c e s fo r a f f i l i a t e s in accordance wi th t he Board ' s Regula t ion Y) in t h e community of B r a i n e r d , Minnesota and t he sur rounding a r e a , through a s u b s i d i a r y , CreditAmerica Lending Company ( 3 / 4 / 8 3 )


H.2, 1983 N0. 10 - 2 5 -


Minneapolis Northwest Bancorpora t ion , Minneapol is , Minnesota, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (consumer and commercial TTnance, and the s a l e of c r e d i t l i f e and c r e d i t acc ident and h e a l t h insurance r e l a t e d t o ex tens ions of c r e d i t by Dial Finance Company of Georgia [such s a l e of c r e d i t - r e l a t e d in su rance being a p e r m i s s i b l e a c t i v i t y under Subparagraph D of T i t l e VI of t h e Garn-St . Germain Deposi tory I n s t i t u t i o n s Act of 1982]) from 3009 Rainbow Dr ive , Decatur , Georgia, t o 1780 Century Boulevard, S u i t e A, A t l a n t a , Georgia , which o f f i c e , upon r e l o c a t i o n , w i l l se rve A t l a n t a , Georgia , through i t s s u b s i d i a r y , Dial Finance Company of Georgia ( 3 / 7 / 8 3 )

Kansas City United Banks of Colorado, I n c . , Denver, Colorado, n o t i f i c a t i o n of i n t e n t t o e s t a b l i s h a de novo o f f i c e engaging in de novo a c t i v i t i e s "(making or a c q u i r i n g fo r i t s own accoun t , loans or o ther ex-t e n s i o n s of c r e d i t , such as would be made or acquired by a f i n a n c e company; s e r v i c i n g loans and o ther ex t ens ions of c r e d i t and o f f e r i n g c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d h e a l t h and acc ident i n su rance ; such a c t i v i t i e s wi l l i n c l u d e , but not be l imi ted t o , making consumer i n s t a l l m e n t l o a n s , purchas ing i n s t a l l -ment s a l e s f i n a n c e c o n t r a c t s , making loans and o the r ex tens ions of c r e d i t secured by r e a l p roper ty ) in t h e v i c i n i t y of t h e i n t e r s e c t i o n of 28th Avenue and Youngfield S t r e e t , Golden, Colorado, serving c e n t r a l J e f f e r s o n County, Colorado inc lud ing cont iguous por t ions of t h e c i t i e s of Wheatr idge, Lakewood, and Golden, Colorado, through i t s s u b s i d i a r y , United Financial C e n t e r s , Inc. (3 /10 /83)

Dal las BancTEXAS Group I n c . , D a l l a s , Texas, n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account or f o r t h e account of o t h e r s , loans and o the r ex tens ions of c r e d i t [ i nc lud ing i s s u i n g l e t t e r s of c r e d i t and accept ing d r a f t s ] such as would be made, f o r example, by a mortgage, f i n a n c e , c r e d i t card or f a c t o r i n g company) in the s t a t e s of Texas, Lou i s i ana , Arkansas , Oklahoma and New Mexico (3 /10 /83)

Dal las Bent Tree Bancshares , I n c . , D a l l a s , Texas, for approval t o a c q u i r e 100 pe rcen t of t h e vo t ing s h a r e s of Bent Tree Mortgage, I n c . , D a l l a s , Texas.

I


H. 2, 1983 NO. 10 - 26 -


REPORTS RECEIVED

None.

* * * * *

PETITIONS FOR RULEMAKING

None.


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