h2_19830910.pdf

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM H.?, 1983 No. 36

Actions of the Board; Appl icat ions and Reports

Received During the Week Ending September 10, 1983

APPLICARLE RESERVE BANK

New York

New York

Richmond

Richmond

At lanta

At lanta

At lanta

At lanta

ACTIONS OF THE BOARD

BankAmerica Trust Company of New York, New York, New York, to make an investment in bank premises. JV

Salamanca Trust Company, Salamanca, New York, to make an investment in bank premises. V

Bank of Romney, Romney, West V i r g i n i a , to invest in bank premises. 2 /

F i r s t Huntington National Bank, Huntington, West V i r g i n i a , proposed merger w i th F i r s t Huntington Inter im National Bank, Huntington, West V i r g i n i a ; report to the Comptroller of the Currency on compet i t ive fac to rs . ] /

Sun Bank of Ocala, Ocala, F lo r ida , to make an addi t ional investment in bank premises. J /

F i r s t Bankshares of West Point , I nc . , West Point , Georgia, extension of time u n t i l December 11, 1983, w i th in which to become a bank holding company through acqu is i t i on of F i r s t National Bank of West Point , West Po in t , Georgia. V

National Ci ty Bancorp, Rome, Georgia, extension of time u n t i l December 12, 1983, w i th in which to become a bank holding company through the acqu is i t ion of The National Ci ty Bank of Rome, Rome, Georgia. ]_/

F.N.I .B.W. Financial Corporat ion, Waycross, Georgia, extension of time u n t i l December 17, 1983, w i th in which to become a bank holding company through acqu is i t i on of F i r s t National Bank of Waycross, Waycross, Georgia. 1/

Appl ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

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

H. ?, Wo. 36 - 2 -

ACTIONS OF THE BOARD - Continued

£ i Southtrust Bank of Calhoun County, N.A., Anniston, Alabama, proposed merger wi th Southtrust Bank of Piedmont, N.A. , Piedmont, Alabama; report to the Federal Deposit Insurance Corporation on com-p e t i t i v e fac to rs . J /

Atlanta f i r s t American Bank and Trust , North Palm Beach, f l o r i d a , proposed merger wi th F i r s t Ci ty Bank of D<»de County, Coral Gables, F lo r ida ; report to the Federal Deposit Insurance Corporation on competi t ive fac to rs . \J

i t 1 art a i t i zens Bank, Carthage, Tennessee, proposed merger w i th White County Bank, Sparta, Tennessee; report to the Federal Deposit Insurance Corporation on competi t ive fac to rs . V

rM<?gc< Ci t izens Commercial 8 Savings Bank, F l i n t , Michigan, f o r p r i o r approval to invest in bank premises. V

Cmcact". Rock Fa l ls Bancshares, I nc . , Rock F a l l s , I l l i n o i s , extension of time to December 14, 1983, w i th in which to become a bank holding company through the acqu is i t i on o f 100 percent of the vot ing shares of Rock Fa l ls National Bank, Rock F a l l s , I l l i n o i s . J_/

. tn , ,(,:<! HuKdaie Bancshares, I nc . , Hinsdale, I l l i n o i s , extension o! time to December I I , 1983, w i th in which to become a bank holding company through the acqu is i t ion of 100 percent of the vot ing shares of the successor by merger to Bank o f Hinsdale, Hinsdale, I l l i n o i s . V

«v ! NORTHWEST SUBURBAN BANCORP,INC., Mount Prospect, I l l i n o i s , extension o f time to November 13, 1983, w i th in which to become a bank holding company through the acqu is i t i on of 100 percent of the vot ing shares of F i r s t National Bank of Mount Prospect; Countryside Bank, Mount Prospect; and F i r s t National Bank of Lake Zur ich, Lake Zur ich, I l l i n o i s . ]_/

<n < <inc F i r s t Wisconsin Corporation, Milwaukee, Wisconsin, extension of time to October 14, 1983, w i th in which to acquire 100 percent of the vot ing shares of the successor by merger to Bank o f Two Rivers, Two Rivers, Wisconsin. 1/

) ; "Sn . i i ca t i on processed on behalf of the Board of Governors under delegated au tho r i t y .


H.?, H f V N n . 36 - 3 -


St . s

St. Iouis

St . Louis

St . Louis

San Franci sco

San Francisco

San Franci sco

Fanners Investment Corporat ion, L i t t l e Rock, Arkansas, extension of time u n t i l December 6, 1983, w i th in which to become a bank holding company through the acqu is i t i on of The Farmers Bank and Trust Company, C l a r k s v i l l e , Arkansas. J /

Central Bank, Lebanon, Missour i , proposed merger wi th The Lebanon Bank, Lebanon, Missour i , a proposed new bank; report to the Federal Deposit Insurance Corporation on competit ive fac to rs . J_/

Peoples F i r s t Corporation, Paducah, Kentucky, extension of time u n t i l October 6, 1983, w i th in which to become a bank holding company through the acqu is i t ion of the successor by merger to The Peoples F i r s t National Bank & Trust Company of Paducah, Paducah, Kentucky. ]_/

County Bank of Tower Grove, St . Louis, Missouri , extension of time u n t i l November 27, 1983, w i th in which to es tab l ish a branch at 6327 Chippewa St reet , St. Louis County, Missour i . V

Western E lec t r i c L. A. Employees Federal Credit Union, Los Angeles, Ca l i f o rn i a , dereg is t ra t ion as a lender on secur i t ies under Regulation G. J_/

Wells Fargo & Company, San Franci sco, Cali f o rn ia , extension of time to September 4, 1984, w i th in which to increase the c a p i t a l i z a t i o n of Wells Fargo Financing Corporation and Wells Fargo Internat ional Financing Corporation N.A. V

Valley National Corporation, Phoenix, Arizona, extension of time to June 1, 1984, w i th in which to divest Western Securi ty L i f e Insurance Company. J_/

T7 Appl icat ion processed on behalf of the Board of Governors under ~ delegated au tho r i t y .


H.2, 1983 No. 36 - 4 -


To Establ ish a Domestic Branch Pursuant to Section 9 o f the Federal Reserve Act

Approved Cleveland The Provident Bank, C inc innat i , Ohio. To establ ish

a customer bank communications terminal branch at Thri f tway Inc . , 7500 Beechmont Avenue, C inc innat i , Ohio. J_/

Cleveland The Union Savings & Trust Company, Warren, Ohio. To es tab l ish a customer bank communications terminal branch at Trumbull Memorial Hospi ta l , 1350 East Market S t ree t , Warren, Ohio. ]_/

Chicago Comerica Bank-Detroi t , D e t r o i t , Michigan. To establ ish an o f f s i t e e lec t ron ic f a c i l i t y at Wayne State Un ive rs i t y , D e t r o i t , Michigan. \J

Chicago Comerica Bank-Detroi t , D e t r o i t , Michigan. To establ ish an o f f s i t e e lec t ron ic f a c i l i t y at 20879 Mack Avenue, Grosse Pointe Woods, Michigan. ]_/

New York Chemical Bank, New York, New York. To estab l ish two branch o f f i ces at the fo l lowing loca t ions : (1) One World Trade Center, New York, New York, and (2) Two World Trade Center, New York, New York. 1/

* * * * *

To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act

Approved San Great Western Bank, Dal las, Oregon. Francisco

Richmond F i r s t Commonwealth Bank, Wise, V i r g i n i a . V

Denied St. Louis Central Trust Company, Memphis, Tennessee.

* * * * *

17 Appl ica t ion processed on behalf of the Board of Governors under — delegated a u t h o r i t y .


H.2, 1983 No. 36 - 5 -


Issued Intent Not to Disapprove Change of Control Pursuant to Change in Rank Control Act of 1978

Not Disapproved Minneapolis Choteau Bancorporation, I n c . , Choteau, Montana. 1/

* * * * *

Appl icat ions and No t i f i ca t i ons fo r Internat ional Investments and Other Actions Pursuant to Sections 25 and 25(a)

of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) , 4 (c ) ( !3 ) and 4(c)(14) of the Bank Holding Company Act of 1956, as amended

Approved Philadelphia Girard Bank, Bala Cynwyd, Pennsylvania: request for

approval to change the name of Girard Internat ional Bank to Dacion In ternat ional Bank. 1/ (9/7/83)

Forty-Five Day No t i f i ca t i on Period Waived At lanta F i r s t At lanta Corporation, A t lan ta , Georgia: no

object ion to increase i t s investment in i t s wholly-owned subs id iary , F i r s t At lanta Internat ional Finance, N.V., Curacao, Netherlands A n t i l l e s .

Sixty-Day N o t i f i c a t i o n Period Allowed to Expire San BankAmerica Internat ional Financial Corporation, Francisco San Francisco, Ca l i f o rn i a : no object ion to make

an addi t ional investment in BA Finance and Securi t ies (Thai 1 and) L td .

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

Withdrawn Kansas City Ranchester Bancshares, Inc . , Ranchester, Wyoming,

f o r approval to acquire 100 percent of the voting shares of Ranchester State Bank, Ranchester, Wyoming.

ly Appl ica t ion processed on behalf of the Board of Governors under ~ delegated au tho r i t y .


H.Z\ 19A3N0. 36 - 6 -


Phi ladelphia

Richmond

Atlanta

Chicago

: ' r ci,r

T1

' r T (̂̂ 0

Approved Comm. Bancorp, I nc . , Forest C i t y , Pennsylvania,

f o r approval to acquire 100 percent of the vot ing shares of Community National Bank Forest C i t y , Pennsylvania. V

Palmetto State Bankshares, I nc . , Hampton, South Carol ina, f o r approval to acquire 100 percent of the vot ing shares of Palmetto State Bank, Hampton, South Carol ina. U

A l b e r t v i l i e Bancshares, I nc . , A l b e r t v i l l e , Alabama, f o r approval to acquire 100 percent of the vot ing shares of The A l b e r t v i l l e National Bank, A lber t -v i l l e , Alabama. V

Peoples Holding Company, Winder, Georgia, fo r approval to acquire at least 80 percent of the vot ing shares of The Peoples Bank, Winder, Georgia. V

Ci t izens Community Bankshares, I nc . , Wittenberg, Wisconsin, fo r approval to acquire 70.93 percent of the vot ing shares of Cit izens State Bank of Wittenberg, Wittenberg, Wisconsin. V

Commonwealth State Bank, De t ro i t , Michigan, for approval to acquire 100 percent of the vot ing shares of the successor by consol idat ion to Bank of the Commonwealth, D e t r o i t , Michigan.

Frankfort Bancshares, I nc . , Frankfor t , I l l i n o i s , f o r approval to acquire at least 85.7 percent of the vot ing shares of Frankfort State Bank, Frankfor t , I11 i no i s . ] /

LaSalle Bancorp, I n c . , La Sa l le , I l l i n o i s , fo r approval to acquire 100 percent of the vot ing shares of the successor by merger to La Sal le National Bank, La Sa l l e , I l l i n o i s . V

NC Bancorp, Inc . , Chicago, I l l i n o i s , for approval to acquire 100 percent of the vot ing shares of Edens Plaza State Bank, Wilmette, I l l i n o i s . V

Oquawka Bancshares, I nc . , Oquawka, I l l i n o i s , for approval to acquire R0 percent or more of the vot ing shares of Bank of Oquawka, Oquawka, I l l i n o i s . ] /

AppTTcatmn processed on behalf of the Board of Governors under delegated au tho r i t y .


. . M H ' N o . 36 - 7 -


' h cago Sandwich Banco. I n c . , Sandwich* I l l i n o i s , fo r approval to acquire 1U0 percent ( less d i rec to rs ' qua l i f y ing shares' of the vot ing shares of the successor by merger to The Sandwich State Bank, Sandwich, I l l i n o i s and F i r s t National Bank i n DeKalb, DeKalb, I l l i n o i s . 2 /

St * 0i% Bancshares, I n c . , Dix, I l l i n o i s , for approval to acquire at least 87 percent of the vot ing shares of f i r s t State Bank of Dix, Dix , I l l i n o i s . U

Minneapolis Central Montana Bancorporation, Roundup, Montana, for approval to acquire at least 85.86 percent of the vot ing shares of F i r s t Security Bank of Roundup, Roundup, Montana. 2 /

is Flathead Lake Bancorporation, I nc . , Poison, Montana, for approval to acquire at least 80.08 percent of the voting shares of F i r s t Cit izens Bank of Poison, Poison, Montana. J /

%anoal 1 Cone shares. Inc . , Lake Andes, South Dakota, f o r approval to acquire 100 percent of the vot ing shares of Andes State Bank, Lake Andes, South Ha*ctd. I /

f.st*»nelc Bancorporation, I nc . , Wakefield, Michigan, for approval to acquire at least 98.8 percent of :me vot ing shares of The F i r s t National Bank of

Wakefield, Michigan. J /

» * " y ' f Alt us, Oklahoma, for approval to , T Vast percent of the vot ing shares

T ,urat m r , A l tus , Oklahoma, and i nd i rec t l y I f f *, no: i"anK o* Commerce, A l tus , Oklahoma^

* ^ r%ty : wnchart* .anishares, Inc . , Blanchard, Oklahoma, for to acquire at least 80 percent of the vot ing ' * rst : ta te Rank, Blanchard, Oklahoma. ]_/

f i* y * urp , I nc . , Kansas C i t y , Kansas, for approval to at(,u3rt- IUO percent of the vot ing shares of " t** Kank, #»ansas C i t y , Kansas. 1/

(n rpora t ion , Canon C i t y , Colorado, for ^ j ac^'j^re at least 80 percent of the

j 'ar**s of Fremont National Bank of Canon r i * t . *mr C i t y , Colorado. 1/

I ] a tnm h^half of the Board of Governors under ^uf hnr % t y .


H.?. 1983 No, 36 - 8 -


Kansas C i ty

Kansas C i ty

tamsas C i ty

Ka sas Ci ty

Kansas T

I c t

l dS

c las

u S

IdS

Lincoln Bancshares, Inc . * L inco ln , Missour i , fo r approval to acquire 80,9 percent of the vot ing shares of The Farmers Bank of L inco ln , L incoln, Missour i . 1/

Mid Central BanCorp, I n c . , Warsaw, Missour i , f o r approval to acquire at least 80 percent of the vot ing shares o f Osage Valley Bank, Warsaw, Missour i . ] /

Mcrga Capital Corporat ion, Fort Morgan, Colorado, to r approval to acquire 100 percent of the vot ing shares o f Fort Morgan State Bank, Fort Morgan, Colorado. J /

P. J . K . , I n c . , Forest C i t y , Missour i , f o r approval to acquire at least 80 percent of the vot ing shares of F i r s t State Bank o f Forest C i t y , Forest C i t y , Missour i . ] /

Post Bancorp, I nc . , Colorado Springs, Colorado, for approval to acquire at least 80 percent of the vot ing shares of Northern National Bank, Colorado Springs, Colorado. ] /

Borger F i r s t Corporat ion, Borger, Texas, for approval to acquire at least 80 percent of the vot ing shares of F i r s t National Bank of Borger, Borger, Texas. 2 /

Caldwell Holding Company, Columbia, Louisiana, for approval to acquire 89.4 percent of the vot ing shares of Caldwell Bank & Trust Company, Columbia, Louisiana. ] /

F i ^ t Artesia Bancshares, I n c . , A r tes ia , New Mexico, for approval to acquire 100 percent of the vot ing shares of The F i r s t National Bank of Ar tes ia , A r tes ia , New Mexico. 2 /

F i rs t Sweetwater Bancshares, I nc . , Sweetwater, Texas, fo r approval to acquire at least 80 percent of the vot ing shares of The Texas Bank and Trust Company, Sweetwater, Texas. ] /

Joaquin Bankshares, I nc . , Huntington, Texas, for approval to acquire at least 97.8 percent of the vot ing shares of Texas State Bank, Joaquin, Texas. ] /

IT App l ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .


H 1 9 8 3 No. 36 - 9 -


Dallas Swiss Avenue Bankshares, I n c . , Dal las, Texas, for approval to acquire at least 80 percent of the vot ing shares of Swiss Avenue State Bank, Dal l as , Texas. ~\J

* * * * *

To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956

Approved Comerica Incorporated, De t ro i t , Michigan, for

approval to acquire 77.02 percent of the vot ing shares of Bank of the Commonwealth, De t ro i t , Michigan.

Great Lakes Financial Resources, I n c . , Blue Is land, I l l i n o i s , for approval to acquire at least 80 percent or more of the vot ing shares of Community Bank of Homewood-Flossmoor, Homewood, I l l i n o i s . V

H i l l Investment Co., Jewel l , Iowa, for approval to acquire an addi t ional 8.78 percent of the vot ing shares of Great Mid-West Financial Company, Ames, lowa and i n d i r e c t l y at least 89.79 percent of the vot ing shares of Universi ty Bank and Trust Company, Ames, Iowa. ]_/

FirstBank Holding Company of Colorado and Fi rstBank Holding Company, both of Lakewood, Colorado, for approval to acquire 100 percent of the vot ing shares of Fi rstBank at Arapahoe/Yosemite, Arapahoe County, Colorado, a proposed new hank. ] /

* * * * *

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

Approved Roston Old Stone Corporation, Providence, Rhode Is land, for

approval to acquire 100 percent of the vot ing shares of Perpetual Savings and Loan Associat ion, High Point , North Carol ina.

T7 Appl ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

Chicago

Chicago

Chicago

Kansas Ci ty


H.2, 1983 No. 36 - 10 -


Minneapolis Central Montana Bancorporation, Roundup, Montana, for approval to engage d i r e c t l y in general insurance agency a c t i v i t i e s in a community wi th a population not exceeding 5,000. _]_/

Kansas City Douglas Bancorporation, I nc . , Parker, Colorado, for approval to acquire 100 percent of the vot ing shares of Parker Indust r ia l Bank, Parker, Colorado, and thereby engage i n d i r e c t l y in i ndus t r i a l banking. ]_/

Kansas City Eaton Capital Corporation, Eaton, Colorado, for approval to acquire the assets of Alpha Insurance Management, I n c . , Au l t , Colorado. V

Kansas City El lco Bancshares, I n c . , Lorraine, Kansas, for approval to acquire 100 percent of the vot ing shares of Wamhoff Insurance Agency, Holyrood, Kansas, a general insurance agency. 1/

Delayed Chicago Michigan National Corporation, Bloomfield H i l l s ,

Michigan, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s (through i t s proposed Electronic Systems and Operations D iv is ion , in providing bookkeeping and/or data processing serv ices, providing and maintaining data and f a c i l i t i e s fo r the in terna l operations of the holding company and i t s subs id ia r ies ; s tor ing and processing other banking, f inanc ia l or re lated economic data, such as p a y r o l l , accounts receivable/payable, t r u s t and f iduc ia ry accounting, c red i t card au thor iza t ion , inc luding processing, accounting, data t ransmissions/set t lement, and re lated serv ices, and providing consul tat ion with respect to such services to the holding company, i t s subs id ia r ies , customers of those subs id iar ies , correspondents, n o n - a f f i l i a t e d f inanc ia l i n s t i t u t i o n s and others on an ind i rec t and d i rec t contract basis; providing other data processing and transmission serv ices, f a c i l i t i e s , data bases or access to such serv ices, f a c i l i t i e s , data bases by any technolog ica l ly feas ib le means for banking, f inanc ia l or economic data; s e l l i n g by-products of permissible data processing a c t i v i t i e s ; providing excess capacity on data processing and transmission f a c i l i t i e s ;

]_7 Appl icat ion processed on behalf of the Board of Governors under delegated au tho r i t y .


H.2, 1983 No. 36 - 11 -


prov id ing , f o r a fee, data processing and data t rans-mission hardware and software and act ing as agent, broker or advisor in obtain ing or providing equipment to the extent required to support the previously mentioned a c t i v i t i e s ) these a c t i v i t i e s w i l l be performed in the State of Michigan (9/2/83) 3/

Reactivated New York C i t i c o r p , New York, New York, requests permission to

es tab l ish two de novo o f f i ces engaging in the fo l lowing a c t i v i t i e s (the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, for consumer and other purposes; the sale of c red i t - re la ted l i f e and accident and health insurance by l icensed agents or brokers, as required; the issuing of t h r i f t c e r t i f i c a t e s and t h r i f t passbook c e r t i f i c a t e s ; the sale of consumer-oriented f i nanc ia l management courses; the se rv i c ing , for any person, of loans and other ex-tensions of c r e d i t ; the making, acqu i r ing , and serv ic ing , for i t s own account and the account of others, of ex-tensions of c red i t t o ind iv idua ls secured by 1iens on res iden t ia l or non-res ident ia l real estate and the sale of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y re lated to extensions of mortgage loans) at 7633 South Yale Avenue, Suite 100, Tulsa, Okla-homa and 35P5 Northwest F i f t y - S i x t h St reet , Suite 290, Oklahoma C i t y , Oklahoma, through i t s subsid iary, C i t i co rp Savings and Trust Company (9/9/83) 2 /

Dallas Hulf Coast Bancshares, I n c . , A l v i n , Texas, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s (making, acqu i r ing , and s e l l i n g of secured loans) these a c t i v i t i e s w i l l be performed throughout the State of Texas through the corporate o f f i c e located in Houston, Texas, through i t s subs id iary , Gulf Coast Financial Services, Inc. (9/7/83) 2 /

Permitted New tnrk C i t i c o r p , New York, New York, requests permission to

es tab l ish two de novo o f f i c e s engaging in the fo l lowing a c t i v i t i e s (the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, for consumer and other purposes; the sale of c red i t - r e l a ted l i f e and accident and heal th insurance by l icensed agents or brokers, as required; the issuing of t h r i f t

T/ j f r y * ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the the Pwrd of Governors under delegated a u t h o r i t y .


H.?, !9fl3 No. 36 - 12 -


c e r t i f i c a t e s and t h r i f t passbook c e r t i f i c a t e s ; the sale o f consumer-oriented f i nanc ia l management courses; the se rv i c ing , f o r any person, o f loans and other ex-tensions of c r e d i t ; the making, acqu i r ing , and serv ic ing , fo r i t s own account and the account of others, of ex-tensions of c red i t to ind iv idua ls secured by l iens on res iden t ia l or non-res ident ia l real estate and the sale o f mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y re la ted to extensions of mortgage loans) a t 7633 South Yale Avenue, Suite 100, Tulsa, Okla-homa and 3525 Northwest F i f t y - S i x t h St reet , Suite ?90, Oklahoma C i t y , Oklahoma, through i t s subs id iary , C i t i co rp Savings and Trust Company (9/9/83) 3/

Phi ladelphia Fulton Financial Corporat ion, Lancaster, Pennsylvania, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n underwr i t ing , as re insu re r , c red i t l i f e and accident and heal th insurance d i r e c t l y re lated to extensions of c red i t by the Corporat ion's subsidiary bank(s)) these a c t i v i t i e s w i l l be conducted in the State of Pennsylvania, through i t s subs id iary , Ful ton L i f e Insurance Company (9/10/83) V

Cleveland Banc One Corporat ion, Columbus, Ohio, n o t i f i c a t i o n of i n ten t to engage in de novo a c t i v i t i e s ( leasing personal property and equipment, or act ing as agent, broker , or advisor in leasing of such proper ty , where such property i s acquired by the lessor at the request of the lessee, f o r business purposes and where at the incept ion of the i n i t i a l lease the expections i s that the e f fec t of the t ransact ion and reasonably ant ic ipated fu ture t ransact ions w i th the same lessee as to the same property w i l l be to compensate the lessor for not 'ess than the lessor 's f u l l investment in the proper ty ; making, acquir ing and s e l l i n g , for i t s own account and fo r the account of o thers, loans and other extensions of c red i t inc luding loans to f inance ag r i cu l t u ra l product ion, commercial and i ndus t r i a l loans, and loans to ind iv idua ls for household, f am i l y , and other personal expenditures; and serv ic ing such loans and other extensions of c red i t fo r i t s e l f and fo r n o n - a f f i l i a t e d banks and for i n s t i t u t i o n a l investors) at 1910 Cochran Road, P i t t sburgh , Pennsylvania, through i t s subs id iary , Banc One Leasing Corporation (9/4/83) 3/

77 4 f c V « ] n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated au tho r i t y .


H.P. *0 . % - 13 -


A*:*nta Mid lant ic Banks I n c . , Edison* New Jersey and Flor ida Coast Banks I nc . , Pompano Beach, F lo r ida , n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( a c t i v i t i e s re la ted To or i n c i d e n t a l t o the conduct of a t r us t business inc luding f i d u c i a r y , agency, or custodial services) at the Arvida Executive Center at the northwest in te rsec t ion of Glades Road and In te r -s ta te 95, Boca Raton, F lo r i da , serving the western por t ion of Boca Raton from Linton Boulevard to the Palm Beach/Broward County l i n e , through i t s subs id ia ry , F lor ida Coast Midlant ic Trust Company, N.A. (9/10/83) 3/

Chicago F i r s t Chicago Corporat ion, Chicago, I l l i n o i s , n o t i f i c a t i o n of in ten t to es tab l ish six de novo o f f i c e s (making or acquir ing loans and other extensions o f c red i t such as would be made by a f inance company, inc luding asset based lending and vendor f inanc ing; serv ic ing such loans and other extensions of c red i t and making f u l l payout leases of personal property) the geographic scope w i l l be the States o f C a l i f o r n i a , Massachusetts, Michigan, New York, I l l i n o i s , and Ohio and throughout the United States, through i t s subs id iary , F i r s t Chicago Credit Corporation (9/5/83) 2 /

Chicago Corporat ion, Chicago, I l l i n o i s , n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s ( i n p e r f o r H r g or car ry ing on any or more of the a c t i v i t i e s that may be performed or car r ied on by d t r us t company) at 120 Broadway, New York C i t y , New York, through i t s subs id ia ry , F i r s t Chicago Trust Company of New York (9/10/83) 2 /

Chicago F i r s t Wisconsin Corporat ion, Milwaukee, Wisconsin, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (making and acquir ing fo r i t s own account or fo r the account of o thers , loans and other ex-tensions o f c red i t such as would be made by a mortgage company; act ing as agent fo r the sale of c red i t l i f e and accident and health insurance) the geographic scope w i l l be the State of I l l i n o i s , through i t s subs id ia ry , RE Services, Inc. (9/9/83) 3/

IsTf lTPl noTi f iTa?ion processed by Reserve Bank on behalf of the Board of (Governors under delegated au tho r i t y ,


H.2, 1983 No. 36 - 1 4 -


St . Louis Republic Bancorp, I n c . , L o u i s v i l l e , Kentucky (making or acquir ing for i t s own account or for the account of o thers, loans and other extensions of c red i t such as would be made by a mortgage company and serv ic ing such loans for others in accordance with the Board's Regulation Y) these a c t i v i t i e s w i l l be performed in the States of Kentucky and Indiana, through i t s subsid iary, Republic Funding Company (9/4/83) 3/

Minneapolis Northern Plains Bancshares, I nc . , Fargo, North Dakota, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n leasing personal property or act ing as a broker in leasing such property in accordance with the Board's Regulation Y) at Main and Broadway, Fargo, North Dakota, serving the states of North Dakota, South Dakota, and Minnesota, through i t s subs id iary , Northern Plains Leasing, Inc. (9/2/83) 3/

Community Bankers, I n c . , Granbury, Texas, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( i n commercial and consumer c red i t a c t i v i t i e s including d i rec t loans, discounting of commercial paper, mortgage loans and insta l lment loans) these a c t i v i t i e s would be performed in the o f f i c e of appl icant located in the town of Acton, Texas and in a f i v e mi le radius in the surrounding rural area (9/10/83) 3/

Gulf Coast Bancshares, I nc . , A lv in , Texas, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (making, acqu i r ing , and se l l i ng of secured loans) these a c t i v i t i e s w i l l be performed throughout the State of Texas through the corporate o f f i c e located in Houston, Texas, through i t s subsid iary , Gulf Coast Financial Services, Inc. (9/8/83) 3/

Central Pac i f ic Corporation, Bakersf ie ld , Ca l i f o rn ia , n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (making, acqu i r ing , s e l l i n g , packaging and serv ic ing res ident ia l and commercial mortgage loans and services inc identa l thereto) in San Bernardino, Ca l i f o rn ia , serving the area of Riverside and San Bernardino Counties l oca l l y known as the Inland Empire and in Sacramento, C a l i f o r n i a , serving the Sacramento Metropoli tan area, through i t s subsid iary , Bankers' Funding Corp. (9/9/83) 3/

3/ 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 delegated au tho r i t y .

Dallas

Pal las

San Francisco


H.2, 1983 No. 36 - 1 5 -


San Franci sco

San Francisco

San Francisco

Front ier Bancorp, V is ta , Ca l i f o rn i a , n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( to act de novo as t rustee on deeds of t r u s t obtained by Front ier National Bank, and other f inanc ia l i n s t i t u t i o n s , as co l l a te ra l fo r loans issued by those i n s t i t u t i o n s as permitted by state law) these a c t i v i t i e s would be conducted in the State of Ca l i f o rn ia (9/9/83) 3/

Security Paci f ic Corporation, Los Angeles, Ca l i f o rn ia , n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (making or acqu i r ing , for i t s own account or fo r others, asset based business loans and other commercial or i ndus t r ia l loans and extensions of c red i t such as would be made by a f ac to r i ng , rediscount or commercial finance company, se rv ic ing , and leasing a c t i v i t i e s wi th respect to personal property and equipment and real property) i n Phoenix, Arizona and Denver, Colorado, serving the United States, through i t s subsid iary, Security Paci f ic Finance Corp. (9/10/83) 2 /

Security Paci f ic Corporation, Los Angeles, Ca l i f o rn ia , n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s (making or acqu i r ing, for i t s own account or fo r the account of others, and serv ic ing for i t s e l f and others, loans and extensions of c r e d i t , inc luding making and purchasing condi t ional sales contracts on mobile homes and manufactured housing, extending c red i t to dealers secured by mobile home and manufacturered housing uni ts pur-chased by such dealers for inventory, and other extensions of c red i t such as would be made by a fac tor ing company or a consumer finance company, as well as act ing as broker or agent for the sale of c red i t l i f e , c red i t accident and health insurance and c red i t property insurance [except that c red i t property insurance would not be of fered in the States of Flor ida and V i r g i n i a ] to the extent such insurance a c t i v i t i e s are permitted pursuant to Section 601(A) or (B) of T i t l e VI of the Garn St Germain Act) in San Diego, Ca l i f o rn i a , Char lo t te , North Carolina and Dal las, Texas, serving the States of Arizona, C a l i f o r n i a , F lo r ida , Georgia, Louisiana, New Mexico, North Carol ina, Oklahoma, South Carol ina, Tennessee, Texas and V i r g i n i a , through i t s subsidiary Securi ty Pac i f ic Housing Services, Inc. (9/10/83) 2 /

3/ 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 delegated au tho r i t y .


H.2, 1983 No. 36 - 16 -


San United Bancorporation Alaska, I n c . , Anchorage, Francisco Alaska, n o t i f i c a t i o n o f in tent to engage in

de novo a c t i v i t i e s (making or acquir ing loans and other extensions of c red i t such as would be made by a mortgage company and/or commercial f inanc ia l company inc lud ing: real estate construct ion loans, both commercial and res i den t i a l ; real estate res iden t ia l term loans; commercial loans secured by a borrower's inventory, accounts receivable, or other assets; and insta l lment consumer loans; and serv ic ing such loans fo r o thers , i n accordance with the Board's Regulation Y; and to act as agent or broker fo r c red i t - r e l a ted l i f e , acc ident , health or unemployment insurance; pursuant to Section 601(A) of T i t l e VI of the Garn-St Germain Act) in Juneau, Nome, Bethel and Fairbanks, Alaska, through i t s subs id iary , UBA Mortgage Company, Inc. (9/5/83) 3/

37 3"fcX%) n o t i f i c a t i o n p r o c e e d hy Reserve Bank on behalf of the boar<; of Governors under delegated au tho r i t y .


H 1 9 P 3 No. 36 - 17 -

APPLICATIONS RECEIVED

To Establ ish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act

At lanta F i r s t Georgia Bank, A t l an ta , Georgia. To estab l ish a branch located at 1445 Hoi comb Bridge Road, Poswell , Georgia. 2/

Boston Cape Ann Bank and Trust Company, Glouster, Massachusetts. To es tab l ish a branch in Salem, Massachusetts. 2]

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

Richmond Rank o f V i r g i n i a , Richmond, V i r g i n i a , to acquire the assets of and assume the l i a b i l i t y to pay deposits in the fo l lowing branches of F i r s t & Merchants National Bank, Richmond, V i r g i n i a : Court House Branch, 242? Princess Anne Road, V i rg in ia Beach; and Great Bridge Branch, 205 B a t t l e f i e l d Boulevard, South, Chesapeake,Vi r g i n i a . 2V

Richmond Bank of V i r g i n i a , Richmond, V i rg i n i a . To acquire the assets of and assume the l i a b i l i t y to pay deposits in the Beaufont Mall O f f i c e , V i rg in ia National Bank, Richmond, V i r g i n i a , a branch of V i rg in ia National Bank, Nor fo lk , V i r g i n i a . 2]

Richmond Central F i d e l i t y Bank, Nor fo lk , V i r g i n i a , to merge w i th Central F i d e l i t y Bank, N.A., Richmond, V i r g i n i a . 2/

* * * * *

Appl icat ions and No t i f i ca t i ons f o r In ternat iona l Investments and Other Actions Pursuant to Sections 25 and 25(a)

n? Federal Reserve f c t and Sections 4 ( c ) ( 9 ) , 4(c)(13) and 4(c) (74) of the Rank Holding Company Act of 1956, as amended

New York C i t i bank , N.A.* New York, New York, on behalf of i t s who!ly-owned Edge Act subs id iary , Cit ibank In te r -n a t i o n a l , Miami, F lo r i da : requests consent to trade fo r i t s own account (1) fu tu res , forward, or standby contracts on those f i nanc ia l instruments c i ted in

% p l i ca t i on subject to Community Reinvestment Act . The Community A f f a i r s O f f i ce r of the appl icable Reserve Bank may be contacted as to the length o f the comment per iod .


H.?, 1983 No. 36 • 18 -

APPLICATIONS RECEIVED - Continued

Section 221.4(e)(3) of Regulation K and (2) futures contracts in foreign exchange fo r the purpose of hedging port ions of i t s p o r t f o l i o s against in teres t ra te and fu ture exchange exposures.

*« w fork C i t ibank, N.A., New York, New York: requests consent for i t s wholly-owned Edge Corporation, Citibank In te rna t i ona l , Miami, F lo r i da , t o engage in the a c t i v i t i e s of buying and s e l l i n g gold and s i l v e r coin and b u l l i o n on a spot , forward and futures bas is , provided that i t s counterpart ies are e n t i t i e s of the Cit ibank organizat ion outside the United States or other foreign persons.

New York Manufacturers Hanover Corporat ion, New York, New York: requests an extension of time w i th in which to d ivest of the Mission V ik ing , an asset acquired in sa t i s fac t i on of a debt previously contracted.

Fan BankAmerica Internat ional Financial Corporation, San Francisco Francisco, S.A.: requests consent to make an addi t ional

investment in BankAmerica Trust and Banking Corporation (Bahamas) L td .

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

kirbp-ond Key Bancorp, I n c . , Logan, West V i r g i n i a , for approval to acquire at least 80 percent or more of the voting shares of The National Bank of Logan, Logan, West V i r g i n i a . 2/

f?irhrrnd Lake C i ty Bancshares, I n c . , Lake C i t y , South Carol ina, for approval to acquire 100 percent of the vot ing shares of Lake City State Bank, Lake C i t y , South Caro l ina. ?/

Pocahontas Bankshares Corporat ion, B l u e f i e l d , West V i rg in ia * for approval to acquire 100 percent of the vot ing shares of the successor by merger to the F i r s t National Bank of B lue f i e l d , R lue f i e ld , West V i r g i n i a . 2/

/-/ %pp1 i ca t ion subject to Community Reinvestment Act . The Community A f f a i r s O f f i ce r of the appl icable Reserve Bank may be contacted as to the length of the comment per iod.


H.?, 1983 No. 36 - 19 ~


At lan ta CBS Bancshares, I n c . , Spencer, Tennessee, f o r approval to acquire at l eas t 80 percent of the vo t ing shares o f C i t i zens Bank o f Spencer, Spencer, Tennessee. 2/

Atlanta Columbiana Bancshares, I n c . , Columbiana, Alabama, f o r approval to acquire at l eas t 80 percent of the vot ing shares of F i r s t National Bank o f Columbiana, Columbiana, Alabama. 2/

At lanta T r i - S t a t e Bancshares, I n c . , Knoxv i l l e , Tennessee, for approval to acquire at leas t 80.3 percent o f the vo t ing shares of The F i r s t National Bank of Polk County, Coppe rh i l l , Tennessee. 2J

Chicago The Farmers Bancorp, F r a n k f o r t , Indiana, fo r approval t o acquire at least 80 percent o f the vo t ing shares of the successor by merger to The Farmers Bank, F rank fo r t , Indiana. 2/

St . Louis L inco ln Bankshares, I n c . , L inco ln , Arkansas, for approval t o acquire at leas t 82.1 percent of the vo t ing shares o f Bank o f L i nco ln , L i nco ln , Arkansas. 2/

Minneapolis Bancommunity Service Corporat ion, S t . Peter , Minnesota, f o r approval to acquire 80 percent of the vot ing shares of F i r s t National Bank of S t . Peter , S t . Peter, Minnesota.

Minneapolis Carlson Bankshares, I n c . , Comfrey, Minnesota, f o r approval to acquire at least 89.25 percent of the vo t ing shares of Peoples State Bank o f Comfrey, Comfrey, Minnesota. 2j

Minneapolis F inancia l Services of Evansv i l l e , I n c . , Albany, Minnesota, f o r approval to acquire at least 82.7 percent of the vo t ing shares of Farmers State Bank of Evansv i l l e , Evansv i l l e , Minnesota. 2J

Minneapolis Onalaska Holding Company, I n c . , Onalaska, Wisconsin, f o r approval to acquire 80.87 percent of the vot ing shares of Bank of Onalaska, Onalaska. 2J

Kansas C i ty Beaver Bancorp, I n c . , Beaver, Oklahoma, fo r approval to acquire at least 80 percent of the vot ing shares of Reaver Bancshares, I n c . , Beaver, Oklahoma, and i n d i r e c t l y The Bank of Beaver C i t y , Beaver, 0k1ahoma. 2/

2/ App l i ca t i on subject to Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r of the app l icab le Reserve Bank may be contacted as to the length of the comment per iod .


H.2, 1983 No. 36 20 -

APPLICATIONS RECEIVED -Cont inued

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

San Francisco

Douglass Bancorp, I n c . , Kansas C i t y , Kansas, fo r approval to acquire 100 percent of the vot ing shares of Douglass State Bank, Kansas C i t y , Kansas. 2/

F i r s t National Bancshares of Madison, I n c . , Madison, Kansas, for approval to acquire at least 80.8 percent of the vot ing shares of the F i r s t National Bank of Madison, Madison, Kansas. 2/

Marshall Bancshares, I nc . , Marshal l , Oklahoma, for approval to acquire at least 80 percent of the vot ing shares of Bank of Marshal l , Marshal l , Oklahoma. 2/

High Tech Bancorp, Los Gatos, Ca l i f o rn i a , for approval to acquire 100 percent of the vot ing shares of High Tech National Bank, Los Gatos, Ca l i f o rn i a , a proposed new bank. 2/

San Francisco

Western Independent Bancshares, I n c . , Auburn, Washington, fo r approval to acquire at least 95 percent of the vot ing shares of Auburn Valley Bank, Auburn, Washington. 2/

* * * * *

To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956

Cleveland Pennbancorp, T i t u s v i l l e , Pennsylvania, fo r approval to acquire 100 percent of the vot ing shares of Secur i ty-Peoples Trust Company, E r ie , Pennsylvania. 2/

Chicago ELM BANCSHARES, INC., Elmhurst, I l l i n o i s , for approval to acquire 100 percent of the vot ing shares ( less d i r e c t o r s ' qua l i f y i ng shares) of the successor by merger to Bank of Clarendon H i l l s , Clarendon H i l l s , I l l i n o i s . 2/

Kansas Ci ty ABC Bancshares, I n c . , McAlester, Oklahoma, f o r approval to acquire at least 12 percent of the vot ing shares of Wilburton State Bancshares, I n c . , Wilburton, Oklahoma and i n d i r e c t l y Wilburton State Bank, Wilburton, Oklahoma. 2/

27 Appl icat ion subject to Community Reinvestment Act . The Community A f f a i r s Of f i ce r of the appl icable Reserve Bank may be contacted as to the length of the comment per iod.


H.2, 1983 No. 36 - 2 1 -


Kansas Ci ty Bancshares, I n c . , Kansas C i t y , Missour i , for approval to acquire 100 percent of the vot ing shares of Traders Bank of Kansas C i t y , Kansas C i t y , Missour i . 2/

Bent Tree Bancshares, I n c . , Dal las, Texas, fo r approval to acquire 100 percent of the vot ing shares of Plaza Centre National Bank, I r v i n g , Texas, a proposed new bank. 2/

Landmark Financial Group, I n c . , Fort Worth, Texas, for approval to acquire 100 percent of the voting shares of Landmark Bank of Fort Worth, Fort Worth, Texas, a proposed new bank. 2]

Texas American Bancshares Inc . , Fort Worth, Texas, fo r approval to acquire 100 percent of the vot ing shares of F i r s t Duncanvil le Corporation, Duncanvil le, Texas and i n d i r e c t l y F i r s t National Bank of Duncan-v i l l e , Duncanvi l le, Texas. jY

* * * * *

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

New York The Bank of New York Company, I n c . , New York, New York, requests permission to es tab l ish 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 loans secured by f i r s t and second mortgages on real estate consis t ing of one-to- four family res iden t ia l propert ies) at 1570 Old Country Road, Westbury, New York, through i t s subsid iary , ARCS Mortgage, Inc. (9/6/83)

New York Bankers Trust New York Corporation, New York, New York, requests permission to establ ish two de novo o f f i ces engaging i n the fo l lowing a c t i v i t i e s (executing and c lear ing futures contracts on U. S. government and GNMA s e c u r i t i e s , negotiable money market instruments, fo re ign exchange and bu l l i on on the major commodity exchanges and t h e i r a f f i l i a t e d c lear ing associat ions through de novo branch o f f i ces ) at 280 Park Avenue, New York, New York, and 1100 Milam, Houston, Texas, through i t s subs id iary , BT Futures Corp. (9/7/83)

2/ Appl ica t ion subject to Community Reinvestment Act . The Community A f f a i r s O f f i ce r of the appl icable Reserve Bank may be contacted as t o the length of the comment per iod.

Kansas Ci ty

Dal las

Dal las

Dal las


H.2, 19P3 No. 36 ~ 22 -


New York Manufacturers Hanover Corporation, New York, New York, requests permission to estab l ish 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 (consumer finance inc lud ing , but not l im i ted t o , the extension of d i r ec t loans, secured or unsecured, to consumers, the purchase of sales finance contracts , the making and acquir ing of commercial loans; ser-v i c ing such loans and other extensions of c r e d i t ; and act ing as agent or broker fo r the sale of s ingle and j o i n t c red i t l i f e insurance and decreasing or level term [ i n the case of s ing le payment loans] c red i t l i f e insurance d i r e c t l y re lated to extensions of c red i t made or acquired by Manufacturers Hanover Financial Services of Texas, Inc . ) at 12750 Merit Dr ive , Dal las , Texas, through i t s subs id iary , Manufacturers Hanover Financial Services of Texas, Inc. (9/9/83)

New f t Norstar Bancorp I n c . , Albany, New York, requests per-mission to es tab l i sh 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 (act ing as an advisory company for mortgage and real estate investment t r u s t s , serving as an investment advisory, as defined in Section 2(a)(20) of the Investment Company Act of 1940, to investment companies registered under such a c t , providing p o r t f o l i o investment advice to other persons and, in p a r t i -c u l a r , to the t r us t departments of the subsidiary hanks of Norstar Bancorp Inc. and Security New York State Corporat ion, furn ish ing general economic information and advice, general economic and s t a t i s t i c a l forecast ing services and industry studies, providing f inanc ia l advice to State and local govern-ments, such as wi th respect to the issuance of t h e i r secu r i t i es , and conducting such inc identa l a c t i v i t i e s as are necessary to carry out the a c t i v i t i e s speci f ied above) at One East Avenue, Rochester, New York, through i t s subs id iary , Norstar Investment Advisory Services, Inc. (9/7/83)

P I'nion Trust Bancorp, Bal t imore, Maryland, n o t i f i c a t i o n of intent to engage i n de novo a c t i v i t i e s (making i rs ta i Iment loans to ind iv idua ls for personal, family or household purposes; purchasing sales finance con-t rac ts executed in connection wi th the sale of personal, fami ly or household goods or services; act ing as agent in the sale of c red i t l i f e and c red i t accident and health insurance d i r e c t l y re lated to i t s extensions of c r e d i t ; ac t ing as agent in the sale of insurance protect ing co l l a t e ra l held against the extensions of c r e d i t ; and making mortgage loans


APPlKATIWwS WfCflVED - Continued

secured in whole or in part by mortgages or other hens on real estate) at 300 B a t t l e f i e l d Boulevard, &orth, Chesapeake* V i r g i n i a , through i t s subs id iary , landmark Financial Services of V i r g i n i a , Inc. (9/6/83)

H r s i Bancgroup-AIabama, I n c . , Mobile, Alabama, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (ac t ing as insurance agent or broker in the o f f i ces of The F i r s t National Bank of R u s s e l l v i l l e , a subsidiary of the holding company; the types of insurance w i l l include c red i t l i f e insurance, accident and heal th insurance, property damage insurance, and any insurance tha t (a) i s d i r e c t l y re late# to an extension of c red i t by a bank or a bank-related f i rm of the kind described in Federal Reserve Regulation Y, or (b) i s d i r e c t l y re lated to the prov is ion of other f i nanc ia l services by a Nnk or bank-related f i rm) these a c t i v i t i e s would be performed in the c i t y of R u s s e l l v i l l e , and in the surrounding area of Frankl in County, Alabama, through ! i s subs id iary , FBG Insurance Agency, Inc. (8/30/83)

i f t T i L a l f i nanc ia l Corporat ion, Midland, Michigan, for approval to acquire at least 25 percent of Information

Services Corporation, Sturg is , Michigan.

i i d Services of Evansvi1!e. I n c . , Albany, for approval to engage in general insurance

j i t i t : ;es in a community wi th a population of )ess than

„ r ; . x a + r ^ j n ^ ^ a r e s , I r e . , Tampa, Kansas, n o t i f i c a t i o n ; : tu enya^ in de novo a c t i v i t i e s ( i n secur i t ies

services) in the Ci ty of Tampa, Kansas and ne rc*;rciny j rea including Marion and Dickinson

*a^sas %3/7/83)

\nares, I nc . , Las Cruces, New Mexico, for tc acquire WO percent of the vot ing shares

* r Proker<#(;e Services, I nc . , Las Cruces, ^ .

f ancshares, I nc . , ke r rv i l i e , Texas, not i -* ^ intent to engage in de novo a c t i v i t i e s

a*. * * ^ ; ^ r * r i* of c red i t l i f e insurance and i re*;;? ^ i Mpnt an(< health insurance which is (Mrect ly re la ted to extensions of c red i t by the -P, 1 Kant or i t s subs id iar ies) through i t s sub-* nMary, Schreiner L i f e Insurance Company (9/8/83)


H.2, 1983 No. 36 - 24 -


San United Bancorporation, Alaska, I n c . , Anchorage, Francisco Alaska, n o t i f i c a t i o n of in tent to engage in

de novo a c t i v i t i e s ( (a) making or acquir ing Toans and other extensions of c red i t such as would be made by a mortgage company and/or commercial f i nanc ia l company inc lud ing: real estate construct ion loans, both commercial and r e s i d e n t i a l ; real estate res ident ia l term loans; commercial loans secured by a borrower's inventory , accounts receivable, or other assets; and insta l lment consumer loans; and (b) serv ic ing such loans for o thers , in accordance with the Board's Regulation V; and (c) act ing as agent or broker for c red i t re lated l i f e , accident, health or unemployment insurance; pursuant to Section 601(A) of t i t l e VI of the Garn-St Germain Act) at 440 East 36th, Anchorage, Alaska, serving the State of Alaska, through i t s subs id iary , UBA Mortgage Company, Inc . (9/8/83)

* * * * *

Appl ica t ion to the Board of Governors of the Federal Reserve System for Pr ior Approval of an Acquis i t ion Pursuant to Section 5(b) of the

Bank Service Corporation Ac t , as Amended

New York Marine Midland Bank, N.A., Bu f fa lo , New York, for approval to invest i n a de novo bank service corporat ion that would engage in a c t i v i t i e s of the types found by the Board to be permissible under Section 4(c ) (8) of the Bank Holding Company Act.

Chicago Michigan National Bank of D e t r o i t , D e t r o i t , Michigan, for approval to acquire 100 percent of the vot ing shares of MNC Mortgage & Realty Advisors, I n c . , South f ie ld , Michigan, a de novo bank service corporat ion subsidiary providing reaT"estate investment advice.

* * * * *

REPORTS RECEIVED

None.

* * * * *

PETITIONS FOR RULEMAKING

None.


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