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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
( H . 2 , 1981 No. 16)
A c t i o n s of t h e Board; A p p l i c a t i o n s and Reports
Reveived During t h e Week Ending A p r i l
APPLICABLE
RESERVE BANK
18, 1981
ACTIONS OF THE BOARD
N e g o t i a b l e o r d e r of w i t h d r a w a l (NOW) a c c o u n t s , i s s u a n c e of a
proposed i n t e r p r e t a t i o n of c l a r i f y vrtiat d e p o s i t o r s are
e l i g i b l e t o h o l d i n t e r e s t - b e a r i n g c h e c k i n g accounts at
member banks, comment r e q u e s t e d by June 15, 1981.
Chicago
Aurora B a n c s h a r e s C o r p o r a t i o n , Aurora, I l l i n o i s , r e q u e s t f o r
an e x t e n t s i o n of time to J u l y 1 3 , 1981, w i t h i n which to b e come a bank h o l d i n g company through a c q u i s i t i o n o f 100 p e r c e n t of the v o t i n g s h a r e s o f Aurora N a t i o n a l Bank, Aurora,
Illinois. V
Cleveland
Banc One C o r p o r a t i o n , Columbus, O h i o , e x t e n s i o n of time to
September 1, 1981, w i t h i n t&ich to a c q u i r e Lake N a t i o n a l
Bank, P a i n e s v i l l e , O h i o . V
Chicago
B u f f a l o B a n c o r p o r a t i o n , I n c . , B u f f a l o Grove, I l l i n o i s , e x t e n s i o n of time to J u l y 1 2 , 1981, w i t h i n which to become a bank
h o l d i n g company through a c q u i s i t i o n of 51 percent o r more of
t h e v o t i n g s h a r e s of B u f f a l o Grove N a t i o n a l Bank, B u f f a l o
Grove, I l l i n o i s . JV
Chicago
F i r s t American Bank C o r p o r a t i o n , Kalamazoo, Michigan, e x t e n s i o n of time t o May 3 1 , 1981, w i t h i n which to a c q u i r e 100
p e r c e n t of the v o t i n g s h a r e s of the s u c c e s s o r by c o n s o l i d a t i o n t o The F i r s t N a t i o n a l Bank o f A l g e r County, Munising,
M i c h i g a n . JJ
Ch ic ago
F i r s t N a t i o n a l Bancorp, New C a s t l e , I n d i a n a , e x t e n s i o n of time
t o May 16, 1981, w i t h i n which to become a bank h o l d i n g company through the a c q u i s i t i o n of 100 p e r c e n t of the 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 N a t i o n a l Bank i n
New C a s t l e , New C a s t l e , I n d i a n a . If
Chicago
F & M B a n k s h a r e s , I n c . , M a r i n e t t e , W i s c o n s i n , e x t e n s i o n ot t i m e
t o June 19, 1981, w i t h i n which to become a bank h o l d i n g company through a c q u i s i t i o n o f 80 percent or more of t h e v o t i n g
s h a r e s o f Farmers & Merchants Bank & T r u s t , M a r i n e t t e ,
W i s c o n s i n , and 100 percent of the i n i t i a l c a p i t a l s t o c k of
C i t i z e n s Bank o f M a r i n e t t e , M a r i n e t t e , Wisconsin ( i n o r g a n i z a t i o n ) . 1/
1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authori t y .
H . 2 , 1981 No. 16
2
-
ACTIONS OF THE BOARD-Continued
Dal l a s
F.N.B. S t i n n e t t B a n c s h a r e s , I n c . , S t i n n e t t , T e x a s , r e q u e s t f o r
e x t e n s i o n of time t o May 2 2 , 1981, w i t h i n
ich to consummate
t h e a c q u i s i t i o n of F i r s t N a t i o n a l Bank o f S t i n n e t t , S t i n n e t t ,
T e x a s . 1/
Chicago
Hardin County B a n c o r p o r a t i o n , E l d o r a , Iowa, e x t e n s i o n of
t o May 15, 1981, w i t h i n which to become a bank h o l d i n g
pany through the a c q u i s i t i o n of 80 percent or more of
v o t i n g s h a r e s of Hardin County S a v i n g s Bank of E l d o r a ,
E l d o r a , Iowa. JV
Dal l a s
Metro BancShares, I n c . , A l v a r d o , T e x a s , e x t e n s i o n of time to
J u l y 14, 1981, w i t h i n which to consummate the a c q u i s i t i o n of
Alvarado S t a t e Bank, A l v a r a d o , T e x a s . \J
S t . Louis
P l a n t e r s Holding Company, I n d i a n o l a , M i s s i s s i p p i , e x t e n s i o n of
time to June 7, 1981, w i t h i n which to become a bank h o l d i n g
company through a c q u i s i t i o n of P l a n t e r s Bank & Trust Company,
R u l e v i l l e , M i s s i s s i p p i . 1/
Chicago
T r i - C o u n t y Bancorp, R o a c h d a l e , I n d i a n a , e x t e n s i o n of time t o
May 20, 1981, w i t h i n which to become a bank h o l d i n g company
through a c q u i s i t i o n o f 100 percent of t h e v o t i n g s h a r e s of
the s u c c e s s o r by merger to Tri-County Bank & Trust Company,
R o a c h d a l e , I n d i a n a . 1/
Cleveland
United Ohio Bancs, I n c . , Dayton, Ohio, e x t e n s i o n of time to
June 3 , 1981, w i t h i n which to a c q u i r e Third N a t i o n a l Bank
and Trust Company, Dayton, Ohio. 1/
Ch i c ago
West Brook B a n c s h a r e s , I n c . , W e s t c h e s t e r , I l l i n o i s , e x t e n s i o n
of time to June 15, 1981, w i t h i n which to become a bank
h o l d i n g company through a c q u i s i t i o n o f 80 percent or more
of the v o t i n g s h a r e s of West Brook Bank, W e s t c h e s t e r ,
I l l i n o i s . 1/
San
Francisco
D e p o s i t o r y I n s t i t u t i o n s Management I n t e r l o c k s A c t , e x t e n s i o n
of time i n tdiich Mr. W a l l a s W. Booth may c o n t i n u e d i r e c t o r s h i p s w i t h United C a l i f o r n i a Bank and Broad and Kaufman I n c . ,
Los A n g e l e s , C a l i f o r n i a . JLJ
Cleveland
Midwest Bank & Trust Company, C l e v e l a n d , O h i o , payment of
d i v i d e n d s . 1/
Dal l a s
American N a t i o n a l Bank o f Garland, Garland, T e x a s , proposed
merger w i t h American Bank, N . A . , Garland, Texas; r e p o r t to
the C o m p t r o l l e r of the Currency on c o m p e t i t i v e f a c t o r s .
time
comthe
Iowa,
1/
J L / A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authority.
i
H . 2 , 1981 No. 16
- 3 ACTIONS OF THE BOARD-Continued
San
Francisco
Community Bank and T r u s t , S a l t Lake C i t y , Utah, proposed
merger w i t h P i o n e e r Bank, S a l t Lake C i t y , Utah, under
the c h a r t e r of Community Bank and Trust and w i t h t i t l e
of P i o n e e r Bank; r e p o r t to t h e F e d e r a l D e p o s i t I n s u r ance C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . If
San
Francisco
Eldorado Bank, T u s t i n , C a l i f o r n i a , proposed merger with
EB S e r v i c e C o r p o r a t i o n , T u s t i n , C a l i f o r n i a , under the
c h a r t e r and t i t l e of Eldorado Bank; r e p o r t t o t h e
F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e
f a c t o r s . 1/
San
Francisco
F i r s t E n t e r p r i s e Bank, Oakland, C a l i f o r n i a , proposed merger
with E n t e r p r i s e S u b s i d i a r y C o r p o r a t i o n , Oakland, C a l i f o r n i a
under the t i t l e and c h a r t e r of F i r s t E n t e r p r i s e Bank;
r e p o r t to t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n on
c o m p e t i t i v e f a c t o r s . 1/
Bos ton
Marine N a t i o n a l Bank, P o r t l a n d , Maine, proposed merger w i t h
F i r s t N a t i o n a l Bank o f B i d d e f o r d , B i d d e f o r d , Maine; r e p o r t
to t h e Comptroller of t h e Currency on c o m p e t i t i v e f a c t o r s .
V
New York
M i d l a n t i c N a t i o n a l Bank/Merchants, Neptune, New J e r s e y , p r o p o s a l to a c q u i r e c e r t a i n a s s e t s and assume c e r t a i n l i a b i l i t i e s of an o f f i c e of Garden S t a t e N a t i o n a l Bank, Paramus,
New J e r s e y , l o c a t e d i n B r i c k Township, New J e r s e y ; r e p o r t
t o the C o m p t r o l l e r of the Currency on c o m p e t i t i v e f a c t o r s .
1/
San
Francisco
P e o p l e s N a t i o n a l Bank o f Washington, S e a t t l e , Washington, pro
posed merger with New P e o p l e s N a t i o n a l Bank o f Washington,
S e a t t l e , Washington, under the c h a r t e r of the l a t t e r , and
t i t l e of P e o p l e s N a t i o n a l Bank o f Washington; r e p o r t to t h e
C o m p t r o l l e r of the Currency o n c o m p e t i t i v e f a c t o r s . 1/
Bos ton
United Bank and T r u s t Company, H a r t f o r d , C o n n e c t i c u t , proposed merger w i t h Vernon N a t i o n a l Bank, Vernon, C o n n e c t i c u t
r e p o r t to t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n on
c o m p e t i t i v e f a c t o r s . 1/
\J A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authority.
1
H . 2 , 1981 No. 16
- 4 ACTIONS OF THE BOARD-Continued
To E s t a b l i s h a Domestic Branch Pursuant to S e c t i o n
9 o f t h e F e d e r a l Reserve Act
Cleveland
Approved
The T o l e d o T r u s t Company, T o l e d o , Ohio. Branch to be
e s t a b l i s h e d a t 4031 McCord Road, S y l v a n i a , Lucas County,
Ohio. J 7
Cleveland
The T o l e d o T r u s t Company, T o l e d o , O h i o .
Branch to be
e s t a b l i s h e d a t 115 E a s t A i r p o r t Highway, Swanton,
F u l t o n County, O h i o . 1/
Chicago
Davenport Bank and T r u s t Company, D a v e n p o r t , Iowa, t o
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 West Central
Park and Marquette S t r e e t , D a v e n p o r t , Iowa. If
San
Francisco
United C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a . Branch
to be e s t a b l i s h e d i n 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 Shaw and Marks Avenues, F r e s n o , Fresno County, C a l i f o r n i a . 1/
* * * * *
I s s u e d I n t e n t Not t o Disapprove Change o f C o n t r o l
Pursuant t o Change i n Bank Control Act o f 1978
Kansas C i t y
Not Disapproved
Sherman County Management, I n c . Loup C i t y , Nebraska. V
*
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*
*
To E s t a b l i s h a U . S . Branch of an Edge Act C o r p o r a t i o n
Pursuant t o S e c t i o n 2 5 ( a ) o f the F e d e r a l Reserve Act
Approval
San
Francisco
S e c u r i t y P a c i f i c I n t e r n a t i o n a l Bank, New York, New York:
g r a n t s p e r m i s s i o n to e s t a b l i s h branches i n S e a t t l e ,
Washington; C l e v e l a n d , Ohio; M i n n e a p o l i s , Minnesota;
B o s t o n , M a s s a c h u s e t t s and St L o u i s , M i s s o u r i .
1 / A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authority.
H . 2 , 1981 No. 16
ACTIONS OF THE BOARD-Continued
A p p l i c a t i o n s 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 I n v e s t ments and Other A c t i o n s Pursuant t o S e c t i o n s 25 and 2 5 ( a )
of the F e d e r a l Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 )
o f t h e Bank Holding Company Act of 1956, as amended
Boston
New
York
Approved
S t a t e S t r e e t Bank and T r u s t Company, B o s t o n , M a s s a c h u s e t t s :
g r a n t s c o n s e n t f o r S t a t e S t r e e t Bank I n t e r n a t i o n a l , New York,
New York, to e s t a b l i s h as a s u b s i d i a r y S t a t e S t r e e t A s i a
L i m i t e d , Hong Kong.
Marine Midland Bank, N . A . , New York, New York, g r a n t s c o n s e n t
t o make an a d d i t i o n a l investment i n i t s w h o l l y owned s u b s i d i a r y , Marine Midland I n t e r a m e r i c a n Bank ("Edge"), Miami,
F l o r i d a and to e s t a b l i s h and o p e r a t e branches i n Houston,
T e x a s ; Los A n g e l e s , C a l i f o r n i a ; and Georgetown, Cayman
Islands.
*
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*
To Form a Bank Holding Company Pursuant to S e c t i o n
3 ( a ) ( 1 ) of t h e Bank Holding Act of 1956
Cleveland
Approved
I n t e r c o u n t y B a n c s h a r e s , I n c . , Wilmington, Ohio, for approval
t o a c q u i r e 100 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 The C l i n t o n County N a t i o n a l Bank
and Trust Company o f Wilmington, Wilmington, O h i o . \J
Cleveland
Oak H i l l F i n a n c i a l , I n c . , Oak H i l l , Ohio, for approval t o
a c q u i r e a t l e a s t 25 p e r c e n t of the v o t i n g s h a r e s of The
Oak H i l l S a v i n g s Bank Company, Oak H i l l , Ohio. \J
Atlanta
Suburban B a n k s h a r e s , I n c . , A u s t e l l , G e o r g i a , f o r approval
to a c q u i r e 100 percent of t h e v o t i n g s h a r e s of The
C i t i z e n s and Southern Bank o f Cobb County, A u s t e l l ,
G e o r g i a . 1/
Chicago
CNB HOLDING COMPANY, Oak Park, I l l i n o i s , f o r approval to
a c q u i r e a t l e a s t 8 6 . 7 2 percent 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 N a t i o n a l Bank o f C h i c a g o , Chicago, I l l i n o i s . \J
Chicago
De Witt Bancorp, I n c . , De W i t t , Iowa, for approval t o
a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of De W i t t Bank
& Trust C o . , De W i t t , Iowa. 1/
1 / A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authority.
I
H . 2 , 1981 No. 16
-
6
-
ACTIONS OF THE BOARD-Continued
Minneapolis
Alinelund B a n c s h a r e s , I n c . , Almelund, Minnesota, f o r approval
to a c q u i r e 94 percent of t h e v o t i n g s h a r e s o f Farmers S t a t e
Bank o f Almelund, Almelund, Minnesota. 1/
Minneapolis
B & M B a n c s h a r e s , I n c . , Fairmont, M i n n e s o t a , for approval t o
a c q u i r e 8 0 . 1 p e r c e n t of the v o t i n g s h a r e s of S t a t e Bank o f
Fairmont, Fairmont, M i n n e s o t a . 1/
Dallas
Colbert B a n c s h a r e s , I n c . , C o l b e r t , Oklahoma, f o r approval to
a c q u i r e a t l e a s t 80 percent of t h e v o t i n g s h a r e s of The
F i r s t N a t i o n a l Bank o f C o l b e r t , C o l b e r t , Oklahoma. JJ
Dallas
U n i v e r s i t y N a t i o n a l Bancshares of San A n t o n i o , I n c . , San
A n t o n i o , T e x a s , f o r approval to a c q u i r e 90 percent of the
v o t i n g s h a r e s of U n i v e r s i t y N a t i o n a l Bank, San A n t o n i o ,
T e x a s . 1/
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*
To Expand a Bank Holding Company Pursuant t o S e c t i o n
3 ( a ) ( 3 ) o f t h e Bank Holding Company Act o f 1956
Atlanta
Approved
P e r s o n s Banking Company, I n c . , F o r s y t h , G e o r g i a , for approval
t o a c q u i r e at l e a s t 6 5 . 7 3 percent of the v o t i n g s h a r e s of
The Bank of P e r r y , P e r r y , G e o r g i a . JL/
S t . Louis
Mark Twain B a n c s h a r e s , I n c . , S t . L o u i s , M i s s o u r i , f o r approval
to a c q u i r e a t l e a s t 80 percent of t h e v o t i n g s h a r e s of
Mid-Continent Bank o f Kansas C i t y , Kansas C i t y , M i s s o u r i .
II
Minneapolis
The F i s c h e r C o r p o r a t i o n , L e w i s t o n , Minnesota, f o r approval
to a c q u i r e 9 8 percent of t h e v o t i n g s h a r e s o f F i r s t S t a t e
Bank o f Wykoff, Wykoff, Minnesota.
Dallas
F i r s t I n t e r n a t i o n a l B a n c s h a r e s , I n c . , D a l l a s , T e x a s , for
approval t o a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of
the s u c c e s s o r by merger to t h e Greens p o i n t Bank, Houston,
Texas. JJ
Dallas
Republic of Texas C o r p o r a t i o n , Dal l a s , T e x a s , f o r approval
to a c q u i r e 100 percent of t h e v o t i n g 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 ) o f S e c u r i t y N a t i o n a l Bank, A u s t i n , T e x a s .
1/
1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authori t y .
—7 —
H. 2 , 1981 No. 16
ACTIONS OF THE BOARD-Continued
Dallas
Chicago
Dallas
Texas Commerce B a n c s h a r e s , I n c . , Houston, T e x a s , f o r approval
to a c q u i r e 100 percent of t h e v o t i n g 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 ) o f the s u c c e s s o r by merger to Gulfway
N a t i o n a l Bank o f Corpus C h r i s t i , Corpus C h r i s t i , T e x a s .
Denied
Independent Bank C o r p o r a t i o n , I o n i a , M i c h i g a n , for approval
t o a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of the s u c c e s s o r
by c o n s o l i d a t i o n t o The Old S t a t e Bank o f Fremont, Fremont,
Michigan.
Texas Commerce B a n c s h a r e s , I n c . , H o u st o n , T e x a s , f o r approval
to a c q u i r e 100 percent of t h e v o t i n g 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 ) o f the s u c c e s s o r by merger to The
M e r c a n t i l e N a t i o n a l Bank o f Corpus C h r i s t i , Corpus C h r i s t i ,
Texas.
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To Expand a Bank Holding Company Pursuant t o S e c t i o n
4 ( c ) ( 8 ) o f t h e Bank Holding Company Act of 1956
Chicago
New York
S t . Louis
Approved
I r w i n Union C o r p o r a t i o n , Columbus, I n d i a n a , for approval
t o a c q u i r e a l l the a s s e t s of Inland Mortgage Company, I n c . ,
I n d i a n a p o l i s , Indiana through i t s newly formed s u b s i d i a r i e s ,
I r w i n Union Mortgage C o r p o r a t i o n , and Inland Mortgage C o . ,
inc. jy
Withdrawn
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to r e l o c a t e
an e x i s t i n g o f f i c e i n v o l v i n g t h e f o l l o w i n g a c t i v i t y ( t h e
s a l e o f c r e d i t r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e )
from 5310 East 3 1 s t S t r e e t , T u l s a , Oklahoma to 6733 South
Y a l e , T u l s a , Oklahoma, through i t s s u b s i d i a r y , C i t i c o r p
P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . ( 4 / 1 4 / 8 1 ) 3/
Returned
F i r s t Kentucky N a t i o n a l C o r p o r a t i o n , L o u i s v i l l e , Kentucky,
n o t i f i c a t i o n of i n t e n t to engage i n d a t a p r o c e s s i n g a c t i v i t i e s
( p r o c e s s i n g o f bank card s a l e s s l i p s , a i r l i n e t i c k e t s , t h i r d
p a r t y r e m i t t a n c e s and o t h e r documents) a t 16402 North 2 8 t h
Avenue, P h o e n i x , A r i z o n a , through a s u b s i d i a r y , NPC o f A r i z o n a ,
I n c . , ( d o i n g b u s i n e s s as N a t i o n a l P r o c e s s i n g Company)
(4/17/81) 3/
J J A p p l i c a t i o n s p r o c e s s e d on b e h a l f o f the Board of Governors under d e l e g a t e d
authority.
3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by the Reserve Bank on b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
H. 2 , 1981 No. 16
-
8
-
ACTIONS OF THE BOARD-Continued
Richmond
Kansas C i t y
Chicago
New York
3/
Delayed
F i r s t Maryland Bancorp, B a l t i m o r e , Maryland, n o t i f i c a t i o n
of i n t e n t to engage i n de novo a c t i v i t i e s ( l e a s i n g p e r s o n a l p r o p e r t y and equipment on a f u l l pay-out b a s i s
and a c t i n g as a g e n t , b r o k e r or a d v i s e r in the l e a s i n g
t h e r e o f ; l e a s i n g r e a l p r o p e r t y on a f u l l pay-out b a s i s ;
and a c t i n g as a g e n t , b r o k e r or a d v i s o r i n the l e a s i n g
t h e r e o f ; making or a c q u i r i n g , for i t s own account o r f o r
t h e account of o t h e r s , l o a n s and o t h e r e x t e n s i o n s of
c r e d i t with r e s p e c t t o p e r s o n a l p r o p e r t y , equipment,
and r e a l p r o p e r t y ; and s e r v i c i n g l o a n s , l e a s e s and o t h e r
e x t e n s i o n s o f c r e d i t ) i n Baton Rouge, L o u i s i a n a , through
i t s s u b s i d i a r y , F i r s t Maryland L e a s e c o r p . ( 4 / 1 3 / 8 1 ) 3 /
Southwest B a n c s h a r e s C o r p o r a t i o n , Oklahoma C i t y , Oklahoma,
n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s
( t h e s a l e of i n s u r a n c e d i r e c t l y 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 by i t s s u b s i d i a r y bank, Farmers and Merchants
Bank, E u f a u l a , Oklahoma and by i t s nonbanking l e n d i n g
s u b s i d i a r y , PBC F i n a n c i a l C o r p o r a t i o n , Oklahoma C i t y ,
Oklahoma) i n E u f a u l a , Oklahoma and Oklahoma C i t y ,
Oklahoma, t h e g e o g r a p h i c a r e a to be served by the E u f a u l a ,
Oklahoma o f f i c e i n c l u d e s Mcintosh County, Oklahoma and
t h e g e o g r a p h i c a r e a to be served by the Oklahoma C i t y ,
Oklahoma o f f i c e i n c l u d e s t h e Oklahoma C i t y SMSA, through
a s u b s i d i a r y , Southwest Bancshares I n s u r a n c e Agency,
I n c . ( 4 / 1 6 / 8 1 ) 3/
Reactivated
Independence Bank Group, I n c . , Waukesha, W i s c o n s i n , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o
engage i n making, a c q u i r i n g , s e l l i n g and s e r v i c i n g mortgage l o a n s ) t h e g e o g r a p h i c scope i s s o u t h e a s t e r n W i s c o n s i n ,
through i t s s u b s i d i a r y , Independence Mortgage Company,
I n c . ( 4 / 1 6 / 8 1 ) 3/
Permitted
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to expand
the s e r v i c e a r e a of an e x i s t i n g o f f i c e engaging i n the
f o l l o w i n g a c t i v i t i e s ( t h e making or a c q u i r i n g o f loans and
o t h e r e x t e n s i o n s of c r e d i t , s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ; the e x t e n s i o n o f l o a n s to d e a l e r s
f o r the f i n a n c i n g of i n v e n t o r y ( f l o o r p l a n n i n g ) and working
c a p i t a l p u r p o s e s ; t h e p u r c h a s i n g and s e r v i c i n g for i t s own
account of s a l e s f i n a n c e c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
N
H . 2 , 1981 No. 16
- 9 ACTIONS OF THE BOARD-Continued
( i n the c a s e of s i n g l e payment l o a n s ) term l i f e insurance
by l i c e n s e d a g e n t s or b r o k e r s , as r e q u i r e d ; t h e s a l e of
c r e d i t r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e p r o t e c t i n g
r e a l and p e r s o n a l property s u b j e c t to a s e c u r i t y a g r e e ment w i t h C i t i c o r p Washington F i n a n c i a l C e n t e r , I n c . t o the
e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e i n s u r a n c e laws
and r e g u l a t i o n s ; and t h e o r i g i n a t i n g , f o r i t s own account
o r for the account of o t h e r s , of f i r s t mortgage loans secured
by r e s i d e n t i a l or commercial p r o p e r t i e s ; the s e r v i c e area
would be expanded to comprise the e n t i r e S t a t e o f Washington)
a t 1218 N. Columbia C e n t e r , S u i t e 2 , Kennewick, Washington,
through i t s s u b s i d i a r y , C i t i c o r p Washington F i n a n c i a l
Center, Inc. (4/11/81) 3/
New York
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to e s t a b l i s h a de novo o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s
( t h e making or a c q u i r i n g o f l o a n s and other e x t e n s i o n s of
c r e d i t , s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r purp o s e s ; t h e e x t e n s i o n o f l o a n s to d e a l e r s for t h e f i n a n c i n g
of i n v e n t o r y ( f l o o r p l a n n i n g ) and working c a p i t a l p u r p o s e s ;
t h e p u r c h a s i n g and s e r v i c i n g for i t s own account of s a l e s
f i n a n c e c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and
a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l ( i n the case of
s i n g l e payment l o a n s ) term l i f e i n s u r a n c e by l i c e n s e d a g e n t s
or b r o k e r s , as r e q u i r e d ; the s a l e o f c r e d i t r e l a t e d property
and c a s u a l t y i n s u r a n c e p r o t e c t i n g r e a l and p e r s o n a l prope r t y s u b j e c t to a s e c u r i t y agreement w i t h C i t i c o r p Washington
I n d u s t r i a l Loan Company, t o the e x t e n t p e r m i s s i b l e under
a p p l i c a b l e S t a t e i n s u r a n c e laws and r e g u l a t i o n s ; the o r i g i n a i n g , f o r i t s own account or f o r the account of o t h e r s , o f
f i r s t mortgage l o a n s secured by r e s i d e n t i a l or commercial
p r o p e r t i e s ; and t h e s e r v i c i n g , f o r any p e r s o n , of l o a n s and
o t h e r e x t e n s i o n s o f c r e d i t ; t h e s e r v i c e area of t h e jde novo
o f f i c e would be comprised of the e n t i r e S t a t e of Washington)
a t 1218 N. Columbia C e n t e r , S u i t e 2, Kennewick, Washington,
through i t s s u b s i d i a r y , C i t i c o r p Washington I n d u s t r i a l
Loan Company ( 4 / 1 1 / 8 1 ) 3 /
New York
Chemical New York C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to e s t a b l i s h a o f f i c e of a de novo s u b s i d i a r y
e n g a g i n g i n the f o l l o w i n g a c t i v i t i e s (making or a c q u i r i n g
l o a n s tdiich may exceed $ 1 0 , 0 0 0 and may be secured by e q u i t y
i n r e a l p r o p e r t y ; a c q u i r i n g i n s t a l l m e n t c o n t r a c t s from
r e t a i l s e l l e r s c o v e r i n g the time s a l e s o f goods and r e l a t e d
s e r v i c e s ; making or a c q u i r i n g loans and o t h e r e x t e n s i o n s
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
H . 2 , 1981 No. 16
-
10
-
ACTIONS OF THE BOARD-Continued
o f c r e d i t to b u s i n e s s e s ( i n c l u d i n g i n v e n t o r y f i n a n c i n g ) ;
making or a c q u i r i n g e x t e n s i o n s of c r e d i t secured by p e r s o n a l
p r o p e r t y l e a s e c o n t r a c t s ; t h e s a l e of c r e d i t l i f e , c r e d i t
a c c i d e n t and h e a l t h and p r o p e r t y and c a s u a l t y i n s u r a n c e
d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t ; any c r e d i t l i f e
and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e s o l d i n c o n n e c t i o n
w i t h the proposed a c t i v i t i e s w i l l be r e i n s u r e d through
Sun S t a t e s L i f e I n s u r a n c e Company or Great Lakes I n s u r a n c e
Company, i n d i r e c t s u b s i d i a r i e s of the A p p l i c a n t ; the
s e r v i c e a r e a for t h e o f f i c e w i l l be t h e S t a t e of Kentucky)
a t 115 Dupont C i r c l e , S t . Matthews, Kentucky, through i t s
e x i s t i n g s u b s i d i a r y , Sunamerica C o r p o r a t i o n ( 4 / 1 2 / 8 1 ) 3J
New York
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to expand
t h e s e r v i c e area of e x i s t i n g o f f i c e s e n g a g i n g i n t h e
f o l l o w i n g a c t i v i t i e s ( t h e making or a c q u i r i n g of l o a n s
and other e x t e n s i o n s o f c r e d i t , secured o r u n s e c u r e d ,
f o r consumers and o t h e r p u r p o s e s ; the e x t e n s i o n of l o a n s
to d e a l e r s for t h e f i n a n c i n g of i n v e n t o r y ( f l o o r p l a n n i n g )
and working c a p i t a l p u r p o s e s ; the purchasing and s e r v i c i n g
for i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e
of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l ( i n the c a s e of s i n g l e payment l o a n s ) term
l i f e i n s u r a n c e by l i c e n s e d a g e n t s o r b r o k e r s , a s r e q u i r e d ;
t h e s a l e o f c r e d i t r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e
p r o t e c t i n g r e a l and p e r s o n a l p r o p e r t y s u b j e c t to a s e c u r i t y
agreement w i t h C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r ,
I n c . t o the e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e i n s u r ance laws and r e g u l a t i o n s ; and t h e s e r v i c i n g , for any
p e r s o n , o f l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; the proposed expanded s e r v i c e area o f both o f f i c e s would be
comprised of the e n t i r e S t a t e of V i r g i n i a f o r a l l of the
a f o r e m e n t i o n e d a c t i v i t i e s except t h a t t h i s a p p l i c a t i o n
would not expand t h e s e r v i c e a r e a f o r the s a l e of c r e d i t
r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e ; c r e d i t r e l a t e d
l i f e , a c c i d e n t , and h e a l t h i n s u r a n c e may be w r i t t e n by
Family Guardian L i f e I n s u r a n c e Company, an a f f i l i a t e of
Citicorp Person-to-Person Financial Center, I n c . ) at
101 Buford Road, Richmond, V i r g i n i a and 5718 E. V i r g i n i a
Beach B o u l e v a r d , N o r f o l k , V i r g i n i a , through i t s s u b s i d i a r y ,
Citicorp Person-to-Person Financial Center, Inc. (4/17/81)
3/
Cleveland
Pennbancorp, T i t u s v i l l e , P e n n s y l 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 i n t h e f o l l o w i n g a c t i v i t i e s ( u n d e r w r i t i n g , as
r e i n s u r e r , c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h i n s u r a n c e ) i n P h o e n i x , A r i z o n a , through a s u b s i d i a r y , Pennbancorp L i f e I n s u r a n c e Company ( 4 / 5 / 8 1 ) 3 /
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank o f b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
i
H . 2 , 1981 No. 16
- 11 ACTIONS OF THE BOARD-Continued
Cleveland
Pittsburgh National Corporation, Pittsburgh, Pennsylvania, not i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (mortgage banking, i n c l u d i n g t h e making or a c q u i r i n g and s e r v i c i n g for i t s own account and for t h e account of o t h e r s , l o a n s
and o t h e r e x t e n s i o n s of c r e d i t ) i n the m e t r o p o l i t a n a r e a of
Savannah, G e o r g i a , through i t s s u b s i d i a r y , The K i s s e l 1
Company ( 4 / 8 / 8 1 ) 3 /
San
Francisco
U.S. Bancorp, P o r t l a n d , Oregon, n o t i f i c a t i o n of i n t e n t t o
engage i n de novo a c t i v i t i e s ( t h e making, a c q u i r i n g and
s e r v i c i n g o f l o a n s and other e x t e n s i o n s of c r e d i t , e i t h e r
secured or u n s e c u r e d , f o r i t s own account or the account
of o t h e r s i n c l u d i n g , but not l i m i t e d t o , c o m m e r c i a l , r e d i s c o u n t and i n s t a l l m e n t s a l e s c o n t r a c t s ; t o i s s u e t h r i f t
c e r t i f i c a t e s and passbooks and to act as i n s u r a n c e agent
w i t h regard t o c r e d i t l i f e and d i s a b i l i t y i n s u r a n c e s o l e l y
i n c o n n e c t i o n with e x t e n s i o n s o f c r e d i t by U . S . T h r i f t )
a t 9 t h North and Main S t r e e t , S p a n i s h Fork, Utah, through
i t s s u b s i d i a r y , U. S. T h r i f t & Loan ( 4 / 1 2 / 8 1 ) 3 /
San
Francisco
U.S. Bancorp, P o r t l a n d , Oregon, n o t i f i c a t i o n of i n t e n t to
engage i n de novo a c t i v i t i e s ( t h e making, a c q u i r i n g and
s e r v i c i n g of l o a n s and o t h e r e x t e n s i o n s of c r e d i t , e i t h e r
secured o r u n s e c u r e d , for i t s own account or the account
o f o t h e r s i n c l u d i n g , but not l i m i t e d t o , c o m m e r c i a l , r e d i s c o u n t and i n s t a l l m e n t s a l e s c o n t r a c t s ; to i s s u e t h r i f t
c e r t i f i c a t e s and passbooks and t o act as i n s u r a n c e agent
with regard to c r e d i t l i f e and d i s a b i l i t y i n s u r a n c e s o l e l y
i n c o n n e c t i o n w i t h e x t e n s i o n s of c r e d i t by U.S T h r i f t )
a t 710 West P r i c e River D r i v e , P r i c e , U t a h , through i t s
s u b s i d i a r y , U. S. T h r i f t & Loan ( 4 / 1 3 / 8 1 ) 3 /
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
H.2,
1981 No. 16
- 12 APPLICATIONS RECEIVED
To E s t a b l i s h a Domestic Branch Pursuant to S e c t i o n
9 o f t h e F e d e r a l Reserve Act
New York
United J e r s e y Bank, Hackensack, New J e r s e y .
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 144 Main S t r e e t ,
R a c k e t t s t o w n , New J e r s e y . _2/
Richmond
U n i t e d V i r g i n i a Bank, Richmond, V i r g i n i a .
Branch to be
e s t a b l i s h e d a t Bermuda Square Shopping C e n t e r , U . S . 1 - 3 0 1
and Highway 10, C h e s t e r f i e l d County, V i r g i n i a . 2J
Atlanta
F l a g s h i p Bank o f Tampa, Tampa, F l o r i d a .
Branch to be
e s t a b l i s h e d at t h e southwest c o r n e r of the i n t e r s e c t i o n of
N o r t h d a l e Boulevard and North Dale Marby Highway, Tampa,
Florida. 2/
Atlanta
Dadeland Bank, Miami, F l o r i d a . To e s t a b l i s h a branch at
1201 B r i c k e l l Avenue, Miami, F l o r i d a . 2 /
Chicago
M&I M a r s h a l l & I l s l e y Bank, Milwaukee, W i s c o n s i n . 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 S e n t r y Roads
S t o r e , 2023 W. Oklahoma Avenue, Milwaukee, W i s c o n s i n .
2/
* * * * *
To Become a Member of t h e F e d e r a l Reserve System
Pursuant t o S e c t i o n 9 o f t h e F e d e a l R e s e r v e Act
Kansas C i t y
Sedgwick County Bank, J u l e s b u r g , C o l o r a d o . 2 /
* * * * *
To E s t a b l i s h an O v e r s e a s Branch of a Member Bank
Pursuant t o S e c t i o n 25 of t h e F e d e r a l R e s e r v e Act
Bos ton
The F i r s t N a t i o n a l Bank o f Boston, Boston, M a s s a c h u s e t t s :
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 open an i n i t i a l
branch i n S e o u l , Korea.
2 / A p p l i c a t i o n s u b j e c t to Community Reinvestment A c t .
The Community
~ A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Bank may be c o n t a c t e d
as to the l e n g t h of the comment p e r i o d .
1
H.2,
1981 No. 16
- 1 3 APPLICATIONS RECEIVED-Cont inued
Cleveland
The Central Trust Company, N.A. , C i n c i n n a t i , Ohio: r e q u e s t
c o n s e n t to e s t a b l i s h a branch i n Grand Cayman I s l a n d ,
B r i t i s h West I n d i e s .
*
*
*
*
*
To Form a Bank Holding Company Pursuant to S e c t i o n
3 ( a ) ( 1 ) o f t h e Bank H o l d i n g Company Act of 1956
New York
F i r s t Glen Bancorp, I n c . , Glen F a l l s , New York, for approval
t o a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of the s u c c e s s o r
by merger t o The F i r s t N a t i o n a l Bank of Glens F a l l s ,
Glen F a l l s , New York. 2 /
Ph i l a d e l p h i a
N o r t h e a s t e r n Bancorp, I n c . , Scran t o n , P e n n s y l v a n i a , for approval t o a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of
N o r t h e a s t e r n Bank of P e n n s y l v a n i a , Mount Pocono, Penns y l v a n i a . 2/
Atlanta
C a p i t a l Bancorp, North Bay V i l l a g e , F l o r i d a , f o r approval
to a c q u i r e a t l e a s t 51 percent of t h e v o t i n g s h a r e s of
C a p i t a l Bank, North Bay V i l l a g e , F l o r i d a . 2/
Atlanta
United B a n c s h a r e s , I n c . , C h a t t a n o o g a , T e n n e s s e e , for approval t o a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of
United Bank o f Chattanooga, C h a t t a n o o g a , T e n n e s s e e . 2J
Atlanta
United B a n c s h a r e s , I n c . , Miami, F l o r i d a , f o r approval to
a c q u i r e a t l e a s t 80 percent of t h e v o t i n g s h a r e s of
United N a t i o n a l Bank o f Miami, Miami, F l o r i d a . 2 /
Chicago
Lee County Bancorp. , I n c . , F o r t Madison, Iowa, for approval t o a c q u i r e at l e a s t 23 p e r c e n t of the v o t i n g
s h a r e s of Lee County S a v i n g s Bank, F o r t Madison, Iowa.
2/
Minneapolis
Cambridge C a p i t a l C o . , Cambridge, Minnesota, f o r approval
to a c q u i r e a t l e a s t 80 percent of t h e v o t i n g s h a r e s of
P e o p l e s S t a t e Bank o f Cambridge, Cambridge, Minnesota.
2/
Minneapoli s
Guaranty S t a t e Holding Company, S t . P a u l , Minnesota, f o r
approval to a c q u i r e s a t l e a s t 9 6 . 6 percent of t h e v o t i n g
s h a r e s of Guaranty S t a t e Bank o f S a i n t P a u l , S t . P a u l ,
Minnesota. 2/
2 / A p p l i c a t i o n s u b j e c t to Community Reinvestment A c t .
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 c o n t a c t e d
as to the l e n g t h of the comment p e r i o d .
- 1 4 -
H. 2 , 1981 No. 16
APPLICATIONS RECEIVED-Continued
Minneapolis
L a k e v i l l e F i n a n c i a l S e r v i c e s , I n c . , L a k e v i l l e , Minnesota,
for approval to a c q u i r e a t l e a s t 90 percent of t h e v o t i n g
s h a r e s of F i r s t L a k e v i l l e S t a t e Bank, L a k e v i l l e , Minnesota.
2/
Kansas C i t y
Delaware B a n c s h a r e s , J a y , Oklahoma, f o r approval t o a c q u i r e
100 percent of t h e v o t i n g s h a r e s of The Delaware County
Bank, J a y , Oklahoma. 2/
Kansas C i t y
R o s e d a l e B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , for approval t o a c q u i r e at l e a s t 80 p e r c e n t of the v o t i n g s h a r e s
o f R o s e d a l e S t a t e Bank and Trust C o . , Kansas C i t y , M i s s o u r i .
2/
Kansas C i t y
Grant B a n c s h a r e s , I n c . , Grant, Nebraska, f o r approval to
a c q u i r e a t l e a s t 9 2 . 8 percent of t h e v o t i n g s h a r e s of
The Farmers N a t i o n a l Bank o f Grant, Grant, Nebraska. 2j
Kansas C i t y
S e c u r i t y Holding Company, Miami, Oklahoma, for approval
to a c q u i r e 80 p e r c e n t of the v o t i n g s h a r e s of S e c u r i t y
Bank and T r u s t Company, Miami, Oklahoma. 2 /
Dallas
F i r s t Baird B a n c s h a r e s , I n c . , B a i r d , T e x a s , f o r approval
to a c q u i r e a t l e a s t 80 percent of t h e v o t i n g s h a r e s of
The F i r s t N a t i o n a l Bank o f B a i r d , B a i r d , T e x a s . 2 /
Dallas
Memphis B a n c s h a r e s , I n c . , Memphis, T e x a s , for approval t o
a c q u i r e 80 p e r c e n t or more of the v o t i n g s h a r e s of F i r s t
S t a t e Bank, Memphis, T e x a s . 2/
* * * * *
To Expand a Bank Holding Company Pursuant t o S e c t i o n
3 ( a ) ( 3 ) of t h e Bank Holding Company Act o f 1956
Atlanta
Minnespolis
Reconsideration
M e t r o p o l i t a n B a n c o r p o r a t i o n , Tampa, F l o r i d a , f o r approval
to a c q u i r e a t l e a s t 88 percent of t h e v o t i n g s h a r e s of
F i r s t Bank and Trust Company, B e l l e a i r B l u f f s , F l o r i d a ,
p r e v i o u s l y approved by t h e Fe d e r a l R e s e r v e Bank o f A t l a n t a
pursuant to d e l e g a t e d a u t h o r i t y .
Received
S e c u r i t y BancShares o f Montana, I n c . , B i l l i n g s , Montana, f o r
approval to a c q u i r e at l e a s t 70 p e r c e n t of the v o t i n g s h a r e s
o f F i r s t C i t i z e n s Bank o f M i l e s C i t y , M i l e s C i t y , Montana. 2/
2/ A p p l i c a t i o n s u b j e c t to Community Reinvestment A c t .
The Community
A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Bank may be c o n t a c t e d
as to the l e n g t h of the comment p e r i o d .
I
a
H . 2 , 1981 No. 16
- 1 5 APPLICATIONS RECEIVED-Continued
Kansas C i t y
F i r s t S t a t e Holding Company, I n c . , J o p l i n , M i s s o u r i , f o r approval to a c q u i r e 82 percent of t h e v o t i n g s h a r e s of The
F i r s t N a t i o n a l Bank o f S a r c o x i e , S a r c o x i e , M i s s o u r i . If
Dallas
N a t i o n a l B a n c s h a r e s Corporation of T e x a s , San A n t o n i o , Te x a s,
f o r approval to a c q u i r e 100 percent of the v o t i n g s h a r e s of
Republic N a t i o n a l Bank o f A u s t i n , A u s t i n , T e x a s . 2 /
Dallas
Texas American Bancshares I n c . , Fort Worth, T e x a s , f o r approval to a c q u i r e 100 percent of t h e v o t i n g s h a r e s of The
C o l l i n County N a t i o n a l Bank o f McKinney, McKinney, T e x a s .
21
Dallas
Texas Commerce B a n c s h a r e s , I n c . , H o u st o n , T e x a s , f o r approval
to a c q u i r e 100 percent ( 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 the v o t i n g s h a r e s of Texas Commerce Bank-Clear Lake,
N a t i o n a l A s s o c i a t i o n , Houston, T e x a s , a proposed new bank.
2/
*
*
*
*
*
To Expand a Bank Holding Company Pursuant to S e c t i o n
4 ( c ) ( 8 ) o f t h e Bank H o l d i n g Company Act of 1956
Boston
Worcester Bancorp, I n c . , W o r c e s t e r , M a s s a c h u s e t t s , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (engage
i n t h e s a l e of p r o p e r t y and c a s u a l t y i n s u r a n c e on r e a l
o r p e r s o n a l p r o p e r t y i n c o n n e c t i o n w i t h e x t e n s i o n s of
c r e d i t made by banking and nonbanking s u b s i d i a r i e s of
W o r c e s t e r Bancorp, I n c . , a l s o to engage in the b r o k e r i n g of i n s u r a n c e for t h e banking s u b s i d i a r i e s of
W o r c e s t e r Bancorp, I n c . ) i n Amherst; Barre; Falmouth;
G r e e n f i e l d ; Harwich; L a n c a s t e r ; North B r o o k f i e l d ;
O r l e a n s ; Southborough; S t e r l i n g ; W e l l f l e e t ; Winchendon;
Auburn; Chatham; F i t c h b u r g ; Had l e y ; Hoiden; L e o m i n s t e r ;
Northampton; Provincetown; S o u t h b r i d g e ; S t u r b r i d g e ;
Westhorough; W o r c e s t e r ; B a r n s t a b l e ; C l i n t o n ; Gardner;
Harvard; Hudson; Marlborough; Orange; Shrewsbury;
Spencer; Webster and W e s t m i n s t e r , a l l i n M a s s a c h u s e t t s ,
through i t s d i r e c t s u b s i d i a r y , Wornat Insurance Agency,
Inc. ( 4 / 1 7 / 8 1 ) 3/
New York
The Chase Manhattan C o r p o r a t i o n , New York, New York,
r e q u e s t s p e r m i s s i o n to expand the a c t i v i t i e s of an e x i s t ing o f f i c e engaging i n the f o l l o w i n g 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 and for t h e account
2 j A p p l i c a t i o n s u b j e c t to Community Reinvestment A c t .
The Community
A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Bank may be c o n t a c t e d
as to the l e n g t h of the comment p e r i o d .
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f 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, 1981 No. 16
-
16
-
APPLICATIONS RECEIVED-Continued
o f o t h e r s , l o a n s and o t h e r e x t e n s i o n s of c r e d i t , both
s e c u r e d and unsecured i n c l u d i n g , but not r e l a t e d t o ,
consumer and b u s i n e s s l i n e s of c r e d i t , i n s t a l l m e n t l o a n s
f o r p e r s o n a l , h o u s e h o l d and b u s i n e s s purposes and mortgage
l o a n s secured by r e a l and p e r s o n a l p r o p e r t y ; s e r v i c i n g loans
and o t h e r e x t e n s i o n s o f c r e d i t ; to act as i n s u r a n c e agent
o r broker f o r c r e d i t l i f e i n s u r a n c e and c r e d i t a c c i d e n t and
d i s a b i l i t y i n s u r a n c e and c r e d i t property i n s u r a n c e d i r e c t l y
r e l a t e d t o such l e n d i n g and s e r v i c i n g a c t i v i t i e s ) at 2910
E a s t Camelback Road, B u i l d i n g A, P h o e n i x , A r i z o n a , through
i t s s u b s i d i a r y , Chase Manhattan F i n a n c i a l S e r v i c e s , I n c .
( 4 / 1 7 / 8 1 ) 31
New York
The Chase Manhattan C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to e s t a b l i s h a de novo o f f i c e e n g a g i n g in t h e
f o l l o w i n g 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 a c count and for the account of o t h e r s , secured loans and o t h e r
e x t e n s i o n s of c r e d i t i n c l u d i n g but not l i m i t e d t o , consumer
and b u s i n e s s l i n e s o f c r e d i t , i n s t a l l m e n t l o a n s f o r p e r s o n a l
h o u s e h o l d and b u s i n e s s p u r p o s e s , t o s e r v i c e loans and o t h e r
e x t e n s i o n s o f c r e d i t ; to s e l l t r a v e l e r s checks at r e t a i l ; t o
act as i n s u r a n c e agent f o r c r e d i t l i f e i n s u r a n c e and c r e d i t
a c c i d e n t and d i s a b i l i t y i n s u r a n c e d i r e c t l y r e l a t e d t o such
l e n d i n g and s e r v i c i n g a c t i v i t i e s ) at 2 Corporate P l a z a
D r i v e , Newport Beach, C a l i f o r n i a , through i t s s u b s i d i a r y ,
Chase Manhattan F i n a n c i a l S e r v i c e s , I n c . ( 4 / 1 3 / 8 1 ) 3J
New York
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to r e l o c a t e
and t o expand t h e s e r v i c e a r e a and a c t i v i t i e s of an e x i s t i n g
o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (the previously
approved a c t i v i t i e s which w i l l be r e l o c a t e d t o the new o f f i c
are as f o l l o w s : t h e p u r c h a s i n g and s e r v i c i n g for i t s own
account of s a l e s f i n a n c e c o n t r a c t s ; the e x t e n s i o n of l o a n s
to d e a l e r s for t h e f i n a n c i n g of i n v e n t o r y ( f l o o r p l a n n i n g )
and working c a p i t a l p u r p o s e s ; the s a l e of c r e d i t - r e l a t e d
l i f e and a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l ( i n t h e
c a s e of s i n g l e payment l o a n s ) term l i f e i n s u r a n c e by l i c e n s e *
a g e n t s or b r o k e r s , as r e q u i r e d ; t h e s a l e o f c r e d i t r e l a t e d
p r o p e r t y and c a s u a l t y i n s u r a n c e p r o t e c t i n g r e a l and p e r s o n a l
property s u b j e c t to a s e c u r i t y agreement with C i t i c o r p
P e r s o n - t o - p e r s o n F i n a n c i a l C e n t e r , I n c . , t o the e x t e n t
p e r m i s s i b l e under a p p l i c a b l e s t a t e i n s u r a n c e laws and
r e g u l a t i o n s ; and the s e r v i c i n g f o r any p e r s o n , o f l o a n s
and other e x t e n s i o n s o f c r e d i t , t h e p r e v i o u s l y approved
s e r v i c e a r e a of the o f f i c e would be expanded t o i n c l u d e
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the
Board of Governors under d e l e g a t e d a u t h o r i t y .
H.2,
1981 No. 16
- 17 APPLICATIONS RECEIVED-Cont inued
t h e e n t i r e s t a t e of North C a r o l i n a ; the proposed newa c t i v i t y to be c o n d u c t e d from t h e o f f i c e would be; t h e
making of l o a n s to i n d i v i d u a l s and b u s i n e s s e s to f i n a n c e
t h e purchase o f mobile homes, modular u n i t s or r e l a t e d
manufactured h o u s i n g t o g e t h e r w i t h the r e a l p r o p e r t y to
ich such h o u s i n g i s o r w i l l be permanently a f f i x e d ,
such p r o p e r t y b e i n g u s e d as s e c u r i t y f o r the l o a n s ; the
s a l e o f c r e d i t r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e
would not be expanded t o the new s e r v i c e a r e a nor extended
to c o v e r t h e proposed new a c t i v i t y ; c r e d i t r e l a t e d l i f e ,
a c c i d e n t , and h e a l t h i n s u r a n c e may be w r i t t e n by Family
Guardian L i f e I n s u r a n c e Company, an a f f i l i a t e o f C i t i c o r p
P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . ) from 3535 South
Wilmington S t r e e t , R a l e i g h , North C a r o l i n a t o 4915 Waters
Edge D r i v e , R a l e i g h , North C a r o l i n a , through i t s s u b s i d i a r y ,
Citicorp Person-to-Person Financial Center, Inc.
(4/14/81)
2/
New York
Manufacturers Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to r e l o c a t e and to expand t h e s e r v i c e area of
an e x i s t i n g o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s
(consumer f i n a n c e , s a l e s f i n a n c e and home e q u i t y l e n d i n g
a c t i v i t i e s and i n the s a l e of s i n g l e and j o i n t c r e d i t l i f e
i n s u r a n c e , and c r e d i t a c c i d e n t , h e a l t h and property i n s u r ance; the new o f f i c e w i l l s e r v e customers i n C l a y t o n ,
Western Henry, South Western D e k a l b , N o r t h e a s t e r n F a y e t t e ,
and F u l t o n C o u n t i e s ) from 118 South Main S t r e e t , J o n e s b o r o ,
Georgia t o 4434 Jonesboro Road, F o r e s t Park, G e o r g i a ,
through i t s s u b s i d i a r y , R i t t e r Finance Company, I n c . , of
Georgia ( 4 / 1 5 / 8 1 ) 3 /
New York
Manufacturers Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to r e l o c a t e an e x i s t i n g o f f i c e e n g a g i n g i n t h e
f o l l o w i n g a c t i v i t i e s (consumer f i n a n c e and s a l e s f i n a n c e
a c t i v i t i e s and i n t h e s a l e of i n s u r a n c e r e l a t e d to such
l e n d i n g a c t i v i t i e s ) from 333 Market S t r e e t , S h r e v e p o r t ,
L o u i s i a n a t o 3713 Jewe l a Road, S h r e v e p o r t , L o u i s i a n a ,
through i t s s u b s i d i a r y , Termplan I n c o r p o r a t e d of L o u i s i a n a
(4/15/81) 3/
New York
Manufacturers Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to r e l o c a t e and to expand the a c t i v i t i e s of an
e x i s t i n g o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s
( p u r c h a s i n g motor v e h i c l e s a l e s f i n a n c e c o n t r a c t s , and t o
s e l l c r e d i t l i f e i n s u r a n c e d i r e c t l y r e l a t e d to such l e n d i n g
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the Board
~ of Governors under d e l e g a t e d a u t h o r i t y .
I
H . 2 , 1981 No. 16
- 18 APPLICATIONS RECEIVED-Continued
a c t i v i t y ; consumer f i n a n c e , s a l e s f i n a n c e , and home e q u i t y
l e n d i n g a c t i v i t i e s and in the s a l e of i n s u r a n c e r e l a t e d t o
such l e n d i n g a c t i v i t i e s ) from 12818 N. 19th Avenue, P h o e n i x ,
Arizona t o 4245 W. Thunderbird Road, P h o e n i x , A r i z o n a ,
through i t s s u b s i d i a r y , Termplan, I n c . , of A r i z o n a ( 4 / 1 5 / 8 1 ) 37
New York
Manufacturers Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to expand t h e a c t i v i t i e s of an e x i s t i n g o f f i c e
e n g a g i n g in t h e f o l l o w i n g a c t i v i t i e s ( p u r c h a s i n g motor
v e h i c l e s a l e s f i n a n c e c o n t r a c t s , and t o s e l l c r e d i t l i f e
i n s u r a n c e d i r e c t l y r e l a t e d t o such l e n d i n g a c t i v i t y ; c o n sumer f i n a n c e , s a l e s f i n a n c e , and home e q u i t y l e n d i n g
a c t i v i t i e s and i n t h e s a l e of i n s u r a n c e r e l a t e d to such
l e n d i n g a c t i v i t i e s ) a t 2334 E. Broadway, P.O. Box 40356,
Tucson, A r i z o n a , through i t s s u b s i d i a r y , Termplan, I n c . ,
of A r i z o n a ( 4 / 1 5 / 8 1 ) 3 /
New York
Manufacturers Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s
p e r m i s s i o n to e s t a b l i s h a de novo o f f i c e engaging i n the
f o l l o w i n g a c t i v i t i e s ( a r r a n g i n g , making or a c q u i r i n g for
i t s own account or f o r the account of o t h e r s , l o a n s and
o t h e r e x t e n s i o n s of c r e d i t secured by a homeowner's
e q u i t y i n t e r e s t in a home such as would be made by a
consumer f i n a n c e company, s e r v i c i n g such loans and o t h e r
e x t e n s i o n s of c r e d i t f o r any p e r s o n , a c t i n g as agent or
broker for t h e s a l e of s i n g l e and j o i n t c r e d i t l i f e i n surance which i s d i r e c t l y r e l a t e d to such l o a n s and e x t e n s i o n s of c r e d i t , and through i t s s u b s i d i a r y Tempco L i f e
I n s u r a n c e Company r e i n s u r i n g such c r e d i t l i f e i n s u r a n c e ;
and p u r c h a s i n g i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s ,
a c t i n g as an agent or broker f o r the s a l e of s i n g l e and
j o i n t c r e d i t l i f e i n s u r a n c e and c r e d i t a c c i d e n t and h e a l t h
i n s u r a n c e which i s d i r e c t l y r e l a t e d t o such l o a n s and
e x t e n s i o n s o f c r e d i t , and through Tempco L i f e Insurance
Company r e i n s u r i n g such c r e d i t l i f e i n s u r a n c e ) a t Greentree
Square, 934 Route 73 North, M a r l t o n , New J e r s e y , through
i t s s u b s i d i a r y , I n v e s t o r s Loan C o r p o r a t i o n of New J e r s e y
( 4 / 1 6 / 8 1 ) 3/
Richmond
Southern B a n c o r p o r a t i o n , I n c . , G r e e n v i l l e , South C a r o l i n a ,
n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s
(making e x t e n s i o n s of c r e d i t as a l i c e n s e d consumer f i nance l e n d e r ) a t 12 West Fourth S t r e e t , T u l s a , Oklahoma,
through i t s s u b s i d i a r y , World Acceptance C o r p o r a t i o n
(4/9/81) 3/
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
H.2,
1981 No. 16
- 19 APPLICATIONS RECEIVED-Cont inued
Atlanta
American Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o
act as agent or broker f o r the s a l e of c r e d i t l i f e , c r e d i t
a c c i d e n t and h e a l t h i n s u r a n c e d i r e c t l y 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 by i t s s u b s i d i a r y banks) i n J a c k s o n v i l l e ,
F l o r i d a , through a s u b s i d i a r y , ABFI, I n c . ( 4 / 1 3 / 8 1 ) 3/
Atlanta
Third N a t i o n a l C o r p o r a t i o n , N a s h v i l l e , T e n n e s s e e , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( c o n d u c t i n g t h e b u s i n e s s of a mortgage company, i n c l u d i n g
t h e 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 o t h e r e x t e n s i o n s of c r e d i t
and s e r v i c i n g l o a n s and other e x t e n s i o n s o f c r e d i t for
any p e r s o n ) a t 41 Federal D r i v e , J a c k s o n , T e n n e s s e e ,
through a s u b s i d i a r y , Third N a t i o n a l Mortgage Company
( 4 / 1 0 / 8 1 ) 3/
Dallas
N a t i o n a l Bancshares C o r p o r a t i o n of Texas, San A n t o n i o , T e x a s ,
n o t i f i c a t i o n of i n t e n t to engage de novo a c t i v i t i e s ( e n g a g ing i n c r e d i t l i f e i n s u r a n c e and c r e d i t a c c i d e n t and h e a l t h
i n s u r a n c e u n d e r w r i t i n g d i r e c t l y 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 ) a t Soledad & Martin S t r e e t s , P o s t O f f i c e Drawer
121 San A n t o n i o , T e x a s , through i t s s u b s i d i a r y , N a t i o n a l
Bancshares L i f e Insurance Company ( 4 / 1 5 / 8 1 ) 3 /
San
Francisco
BankAmerica C o r p o r a t i o n , San F r a n c i s c o , 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 l o a n s and other e x 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 other e x t e n s i o n s 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 i n s u r a n c e and
c r e d i t - r e l a t e d a c c i d e n t and h e a l t h i n s u r a n c e ; such
a c t i v i t i e s w i l l i n c l u d e , but not be l i m i t e d t o , making
consumer i n s t a l l m e n t l o a n s , p u r c h a s i n g i n s t a l l m e n t 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 t h e r e x t e n s i o n s of
c r e d i t to small b u s i n e s s e s , making l o a n s and other e x t e n s i o n s of c r e d i t secured by r e a l and p e r s o n a l p r o p e r t y ,
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
a c c i d e n t and h e a l t h insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s o f c r e d i t made or acquired by FinaneeAmerica I n d u s t r i a l P l a n , I n c . ) a t 1141 East Altamonte D r i v e , Altamonte
S p r i n g s , F l o r i d a , s e r v i n g the e n t i r e s t a t e o f F l o r i d a ,
through i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica I n d u s t r i a l
P l a n , I n c . a F l o r i d a c o r p o r a t i o n ( 4 / 1 5 / 8 1 ) 3/
3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of the
Board of Governors under d e l e g a t e d a u t h o r i t y .
H.2,
1981 No. 16
- 20 APPLICATIONS RECEIVED-Cont inued
San
Francisco
Imperial Bancorp, I n g l e wood, 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 i n de novo a c t i v i t i e s (making, a c q u i r i n g
or p l a c i n g loans and o t h e r e x t e n s i o n s of c r e d i t f o r i t s
own account and for t h e account of o t h e r s and s e r v i c i n g
such l o a n s and o t h e r e x t e n s i o n s of c r e d i t f o r i t s own
account and for t h e account of o t h e r s in t h e S t a t e of
C a l i f o r n i a ) at 9920 South La Cienega B o u l e v a r d , I n g l e wood, C a l i f o r n i a , through a w h o l l y owned s u b s i d i a r y ,
I m p e r i a l C r e d i t c o r p and ( t o engage p r i m a r i l y i n i n s u r ance premium f i n a n c i n g r e l a t i n g to both commercial and
consumer p r o p e r t y and c a s u a l t y i n s u r a n c e ) to open an
o f f i c e i n t h e v i c i n i t y of the i n t e r s e c t i o n of 32nd S t r e e t
and East Camelback Road, P h o e n i x , A r i z o n a and 235 Montgomery
S t r e e t , San F r a n c i s c o , C a l i f o r n i a , through a s u b s i d i a r y ,
Imperial Creditcorp ( 4 / 1 3 / 8 1 ) 3/
San
Francisco
S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , 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 i n 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 , l o a n s and e x t e n s i o n s of c r e d i t , i n c l u d i n g making
consumer i n s t a l l m e n t personal l o a n s , p u r c h a s i n g consumer
i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans to small
b u s i n e s s e s and other e x t e n s i o n s of c r e d i t such as would be
made by a f a c t o r i n g company o r a consumer f i n a n c e company;
and a c t i n g a s broker or agent for t h e s a l e of c r e d i t - r e l a t e d
l i f e , a c c i d e n t and h e a l t h i n s u r a n c e ) a t 700 108th Avenue,
N . E . , B e l l e v u e , Washington and 16400 South Center Parkway,
T u c k w i l l a , Washington, s e r v i n g t h e S t a t e of Washington,
through i t s s u b s i d i a r y , S e c u r i t y P a c i f i c F i n a n c e Corp.
( 4 / 1 0 / 8 1 ) 3/
San
Francisco
S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , 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 i n de novo a c t i v i t i e s ( t o
engage i n f i n a n c i n g and i n d u s t r i a l loan and t h r i f t company
a c t i v i t i e s i n c l u d i n g making, a c q u i r i n g and s e r v i c i n g
l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; s e l l i n g and i s s u i n g
i n v e s t m e n t c e r t i f i c a t e s ; and a c t i n g as agent for t h e s a l e
of 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 a c c i d e n t and
h e a l t h i n s u r a n c e as a u t h o r i z e d by Washington law) a t 700
108th Avenue, N . E . , B e l l e v u e , Washington and 16400 South
Center Parkway, T u c k w i l l a , Washington, s e r v i n g the S t a t e
of Washington, through i t s s u b s i d i a r y , S e c u r i t y P a c i f i c
I n d u s t r i a l Loan Company ( 4 / 1 0 / 8 1 ) 3 /
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of the Board
~~ of Governors under d e l e g a t e d a u t h o r i t y .
N
H.2, 1981 No. 16
- 2 1 -
APPLICATION RECEIVED-Cont inued
San
Francisco
U.S. Bancorp, P o r t l a n d , Oregon, n o t i f i c a t i o n of i n t e n t to
engage i n de novo a c t i v i t i e s (making, a c q u i r i n g and s e r v i c i n g of l o a n s and o t h e r e x t e n s i o n s of c r e d i t , e i t h e r
secured o r u n s e c u r e d , for i t s own account or the account
of o t h e r s i n c l u d i n g , but not l i m i t e d to commerical, r e d i s c o u n t and i n s t a l m e n t s a l e s c o n t r a c t s ; to i s s u e t h r i f t
c e r t i f i c a t e s and p a s s b o o k s and t o act as i n s u r a n c e agent
with r e g a r d to c r e d i t l i f e and d i s a b i l i t y i n s u r a n c e s o l e l y
i n c o n n e c t i o n w i t h e x t e n s i o n s of c r e d i t by C i t i z e n s A p p l e wood I n d u s t r i a l Bank in conformance with t h e p r o v i s i o n s of
S e c t i o n s 2 2 5 . 4 ( a ) ( 1 ) , ( 2 ) , ( 3 ) and ( 9 ) ( i i ) of R e g u l a t i o n
Y) l o c a t e d w i t h i n a o n e - h a l f m i l e r a d i u s of the i n t e r s e c t i o n of 26th Avenue and Y o u n g f i e l d S t r e e t in J e f f e r s o n
County, C o l o r a d o , t h e geographic area to be served by t h e
proposed jde novo s u b s i d i a r y i s t h a t a r e a which c o m p r i s e s
t h e Denver SMSA, through a wholly-owned s u b s i d i a r y , U . S .
Bancorp F i n a n c i a l , I n c . ( 4 / 1 4 / 8 1 ) 3J
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*
REPORTS RECEIVED
Ownership S t a t e m e n t F i l e d Pursuant t o S e c t i o n
1 3 ( d ) o f t h e S e c u r i t i e s Exchange Act
F i r s t Commercial Bank, A r l i n g t o n , V i r g i n i a
F i l e d by C h a r l e s E. T a y l o r
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PETITIONS FOR RULEMAKING
None.
3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by R e s e r v e Bank on b e h a l f of the Board
of Governors under d e l e g a t e d a u t h o r i t y .
I
@FedFRASER