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ANNOUNCEMEbff BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1990, No. 16 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending April 21, 1990 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES ITT Corporation* New York* New York — request for William M. Griffin to serve on the board of directors of Hartford Fire Insurance Co.* Hartford* Connecticut* while serving as a director of Shawmut National Corporation* Boston* Massachusetts. Granted* April 16* 1990. BANKS, FOREIGN Bergen Bank A/S* Bergen* Norway — to acquire DnC America* Inc.* New York* New York. Approved* April 16* 1990. GENERAL ACCOUNTING OFFICE Security on the Fedwire system — response to the final report of the General Accounting Office entitled "Electronic Funds Transfer: Oversight of Critical Banking Systems Should Be Strengthened.” Authorized* April 20* 1990. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation* C&CA - Consumer and Community Affairs* FOMC - Federal Open Market Committee* FRBO - Federal Reserve Bank Operations; GC - General Counsel; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC Chicago Farmers State Bank of Western Illinois* New Windsor* Illinois — to establish an offsite electronic facility at Woodhull Truck Plaza* Routes 17 and 74* Woodhull* Illinois. Approved* April 17* 1990. Atlanta First Navy Bank* Navy Air Station* Pensacola* Florida — to establish an Automated Teller Machine at Building 3245* San Carlos Road* and at the Officerfs Club* Building 503. Approved* April 17* 1990. New York Gateway State Bank* Staten Island, New York — to establish a branch at 9512 Third Avenue* Brooklyn* New York. Approved* April 18* 1990. H.2 APRIL 16, 1990 PAGE 2 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC Chicago Henry County Bank, Green Rock, Illinois — to establish an offsite electronic facility at Econo Foods, 4401 27th Street, Moline, Illinois. Approved, April 20, 1990. Secretary Meridian Bank, Reading, Pennsylvania — to establish a branch at the Lutheran Home at Topton, Home Avenue, Topton, Pennsylvania. Approved, April 18, 1990. Atlanta United Citizens Bank of Alachua County, Alachua, Florida — to establish a branch at 14224 Highway 26, Gainesville, Florida. Approved, April 17, 1990. BANK HOLDING COMPANIES St. Louis Arkansas Bankers1 Bancorporation, Inc., Little Rock, Arkansas — to acquire Arkansas Bankers1 Bank. Approved, April 20, 1990. Atlanta BMR Financial Group, Inc., Atlanta, Georgia — to merge with Meigs Country Bancshares, Inc., Decatur, Georgia, and to acquire Meigs County Bank. Approved, April 20, 1990. Kansas City Britton Bancshares, Inc., Ellsworth, Kansas — to acquire First National Bank of Holcomb, Holcomb, Kansas. Approved, April 20, 1990. S t . Louis Casey County Bancorp, Inc., Liberty, Kentucky — acquire Middleburg Bancorp, Inc., and Farmers Deposit Bank, Middleburg, Kentucky. Approved, April 18, 1990. Cleveland Cornat, Inc., Shepardsville, Kentucky — to acquire Corinth Deposit National Bank, Corinth, Kentucky. Approved, April 19, 1990. San Francisco ENB Holding Company, Escondido, California — to acquire Temecula Valley National Bank, Temecula, California. Approved, April 17, 1990. to H.2 APRIL 16, 1990 PAGE 3 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Dallas Fidelity Bancorporation, Inc., Dover, Delaware — acquire Fidelity Bank, Fort Worth, Texas. Approved, April 16, 1990. to Secretary First Security Corporation, Salt Lake City, Utah — to acquire Utah Deseret Mortgage Corporation, Orem, Utah, and engage in the origination and servicing of mortgage loans. Approved, April 17, 1990. Dallas Heritage Financial Corporation, Ruston, Louisiana — to acquire First Louisiana Trust Company, Metairie, Louisiana, and engage de novo in trust company activities. Approved, April 20, 1990. Chicago Hinsbrook Bancshares, Inc., Willowbrook, Illinois — to acquire Hinsbrook Bank and Trust. Approved, April 16, 1990. GC H. Pat Henson Company, Maysville, Oklahoma — determination that the sale of voting shares of Peoples State Bank, Blair, Oklahoma, partially financed by Bank of Oklahoma, N.A., Tulsa, Oklahoma, a subsidiary of BancOklahoma Corporation constitutues a divestiture of these shares by BOK and its parent. Granted, April 16, 1990. Dallas IBID, Inc., Wilmington, Delaware — to acquire Channelview Bank, Channelview, Texas. Approved, April 16, 1990. S t . Louis Mercantile Bancorp, Inc., Quincy, Illinois — to acquire State Bank of Augusta, Augusta, Illinois. Approved, April 17, 1990. Staff Director BS&R Mitsubishi Bank, Limited, Tokyo, Japan — relief from commitment in connection with application to acquire BanCal Tri-State Corporation, San Francisco, California, and The Bank of California, National Association. Granted, April 17, 1990. H.2 APRIL 16, 1990 PAGE 4 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Morley Bancshares Corporation, Belle Plaine, Kansas — to acquire The Valley State Bank. Approved, April 20, 1990. Atlanta Peoples Financial Services, Inc., Cookeville, Tennessee — to acquire Peoples Bank and Trust of the Cumberlands. Approved, April 20, 1990. Kansas City Union Bancshares, Inc., Wichita, Kansas — to establish Hutchinson Federal Savings & Loan Association, Hutchinson, Kansas. Approved, April 20, 1990. BANK MERGERS Staff Director BS&R Union Bancshares, Inc., Wichita, Kansas — to have Union National Bank of Wichita, Wichita, Kansas, purchase the assets and assume the liabilities of Hutchinson Federal Savings & Loan Association, Hutchinson, Kansas. Approved, April 20, 1990. BANK PREMISES Philadelphia Meridian Bank, Reading, Pennsylvania — bank premises. Approved, April 16, 1990. investment in Staff Director BS&R Vectra Bank of Lakewood, Lakewood, Colorado — investment in bank premises. Approved, April 17, 1990. CAPITAL STOCK Dallas Grapeland Bancshares, Inc., Grapeland, Texas — redemption of shares. Approved, April 19, 1990. Cleveland Harrison Bancorporation, Cynthiana, Kentucky — redemption of shares. Withdrawn, April 16, 1990. H.2 APRIL T6, 1990 PAGE 5 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Kansas City Western Oklahoma Bancshares, Inc., Elk City, Oklahoma — redemption of shares. Approved, April 16, 1990. CHANGE IN BANK CONTROL Atlanta Community Bancshares, Inc., Independence, Louisiana — change in bank control. Permitted, April 19, 1990. Dallas Grapeland Bancshares, Inc., Grapeland, Texas — change in bank control. Permitted, April 19, 1990. Atlanta Independent BancShares, Inc., Ocala, Florida — change in bank control. Permitted, April 19, 1990. Philadelphia USBANC0RP, Inc., Johnstown, Pennsylvania — bank control. Returned, April 19, 1990. Kansas City Western Oklahoma Bancshares, Inc., Elk City, Oklahoma — change in bank control. Permitted, April 16, 1990. change in COMPETITIVE FACTORS REPORTS Kansas City Avco Lakewood Industrial Bank, Lakewood, Colorado, proposed assumption of certain liabilities of GEIBank Industrial Bank — report on competitive factors. Submitted, April 19, 1990. Cleveland Dollar Savings Association, New Castle, Pennsylvania, proposed merger with an interim state savings association to be formed by F.N.B. Corporation, Hermitage, Pennsylvania — report on competitive factors. Submitted, April 17, 1990. H.2 APRIL 16, 1990 PAGE 6 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago F & M Bank, Menomonee Falls, Wisconsin, proposed merger with F & M Bank of Johnson Creek, Johnson Creek, Wisconsin — report on competitive factors. Submitted, April 20, 1990. Kansas City Farmers State Bank, Humphrey, Kansas, proposed merger with Humphrey State Bank — report on competitive factors. Submitted, April 20, 1990. Minneapolis First National Bank in Sioux Falls, Sioux Falls, South Dakota, proposed acquisition of the Valley Springs and Brandon Branches of Dakota Heritage Bank, Chancellor, South Dakota — report on competitive factors. Submitted, April 19, 1990. Chicago First of America Bank Corporation, Kalamazoo, Michigan, proposed merger with Shelby Federal Savings Bank, Indianapolis, Indiana — report on competitive factors. Submitted, April 16, 1990. Atlanta Fort Rucker National Bank, Fort Rucker, Alabama, proposed merger with Coffee County Bank, Enterprise, Alabama — report on competitive factors• Submitted, April 17, 1990. S t . Louis Great Financial Federal, Louisville, Kentucky, proposed merger with Marion County Savings and Loan Association, Lebanon, Kentucky — report on competitive factors. Submitted, April 16, 1990. Boston Machias Savings Bank, Machias, Maine, proposed acquisition of certain assets and assumption of liability to pay deposits made in the Princeton, Maine, branch of Key Bank of Maine, Augusta, Maine — report on competitive factors. Submitted, April 19, 1990. H.2 APRIL 16, 1990 PAGE 7 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Osceola National Bank, Kissimmee, Florida, proposed change in bank control — report on competitive factors. Submitted, April 16, 1990. Chicago Plainfield National Bank, Plainfield, Illinois, proposed merger with PNB National Bank — report on competitive factors. Submitted, April 20, 1990. Richmond Second National Bank, Culpeper, Virginia, proposed merger with SNB Bank, National Association — report on competitive factors. Submitted, April 17, 1990. Kansas City Security First Savings and Loan Association, Cheyenne, Wyoming, proposed acquisition of the Laramie Branch of Westland Federal Savings and Loan Association, Rawlins, Wyoming — report on competitive factors. Submitted, April 17, 1990. Chicago Sturgis Federal Savings Bank, Sturgis, Michigan, proposed acquisition of the Three Rivers, Michigan, branch of Fidelity Federal Savings and Loan Association, Kalamazoo, Michigan — report on competitive factors. Submitted, April 16, 1990. Cleveland Trustcorp of Florida, National Association, Naples, Florida, proposed merger with Society National Trust Company — report on competitive factors. Submitted, April 16, 1990. San Francisco U.S. Bank of California, Eureka, California, proposed merger with Mother Lode Savings Bank, Sacramento, California — report on competitive factors. Submitted, April 18, 1990. H.2 APRIL 16, 1990 PAGE 8 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Minneapolis American National Bank and Trust Company, St. Paul, Minnesota — extension to divest certain stock. Granted* April 18* 1990. Chicago Capitol Bancorp* Ltd.* Lansing* Michigan — extension to August 10* 1990* to acquire Portage Commerce Bank* Portage* Michigan. Granted* April 18* 1990. Atlanta Citizens National Corporation* Naples* Florida — extension to July 28* 1990* to acquire Citizens National Bank of Naples. Granted* April 19, 1990. San Francisco Crown Bancorp, Coronado, California — extension to March 3* 1991, for an individual to complete a change in bank control. Granted* April 17*, 1990. S t . Louis Farmers State Bancorporation* Inc.* Hoffman* Illinois — extension to July 30, 1990* to acquire the successor by merger to Farmers State Bank of Hoffman. Granted* April 18* 1990. Richmond FCFT* Inc.* Princeton* West Virginia — extension to June 9* 1990* to acquire First Community Bancshares* Inc.* Princeton* West Virginia* and Flat Top Bankshares* Inc.* Bluefield* West Virginia. Granted, April 17, 1990. Chicago Graymont Bancorp* Inc.* Graymont, Illinois — extension to July 25* 1990* to acquire State Bank of Graymont. Granted* April 20* 1990. Richmond New East Bancorp* Raleigh* North Carolina — extension to July 31* 1990* to acquire New East Bank of Elizabeth City* Elizabeth City* North Carolina (now New East Bank of the Albemarle). Granted* April 17* 1990. H.2 APRIL 16, 1990 PAGE 9 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Atlanta Summerville / Trion Bancshares, Inc., Summerville, Georgia — extension to July 22, 1990, to engage de novo in insurance activities. Granted, April 19, 1990. Atlanta SunTrust Banks, Inc., Atlanta, Georgia — extension to July 27, 1990, to acquire BHC Holdings, Inc., Philadelphia, Pennsylvania, and engage in securities brokerage activities. Granted, April 19, 1990. Atlanta SunTrust Banks, Inc., Atlanta, Georgia — extension to July 23, 1990, to acquire Peoples Bank of Lakeland, Lakeland, Florida. Granted, April 19, 1990. Atlanta Trustmark Corporation, Jackson, Mississippi — extension to July 12, 1990, for an individual to acquire shares. Granted, April 19, 1990. San Francisco West One Bancorp, Boise, Idaho — extension to July 29, 1990, to acquire Bank of Tacoma, Tacoma, Washington. Granted, April 18, 1990. INTERNATIONAL OPERATIONS New York Chase Manhattan Overseas Banking Corporation, Wilmington, Delaware — to make additional investments in Chase Fundo de Conversao-Capital Estrangeiro, Rio de Janeiro, Brazil, and Chase Empreendimentos e Investimentos Limitada, Sao Paulo, Brazil. Permitted, April 20, 1990. H.2 APRIL 16, 1990 PAGE 10 TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY MEMBERSHIP Little Rock Arkansas BankersT Bank, Little Rock, Arkansas — to become a member of the Federal Reserve System. Approved, April 20, 1990. Kansas City Vectra Bank of Lakewood, Lakewood, Colorado — to become a member of the Federal Reserve System. Approved, April 20, 1990. H.2 APRIL 16, 1990 PAGE 11 ADDITIONS AND CORRECTIONS TO APRIL 20, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES. DOMESTIC Richmond Central F id e lity Bank, Richmond, V irgin ia — to e stab lish a branch a t the intersection of C en treville Road and Fox M ill Road, Herndon, V irg in ia . Pending, A p ril 10 , 1990. Richmond Central F id e lity Bank, Richmond, V irgin ia — to e stab lish a branch a t 5852 Mapledale Plaza, Woodbridge, V irg in ia . Pending, A p ril 10 , 199Q. BANK HOLDING COMPANIES Atlanta Forest Bancorp, Forest, Mississippi — to engage de novo in providing management consulting advice through Bankers Service Corporation. Withdrawn, March 9, 1990. CAPITAL STOCK Atlanta First United Bancorp, Inc., Florence, Alabama — redemption of shares. Approved, March 9, 1990. EXTENSIONS OF TIME Philadelphia First Sterling Bank, Devon, Pennsylvania — extension to August 1, 1990, to establish a branch at 21 West State Street, Media, Pennsylvania. Withdrawn, April 12, 1990. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Corrroent Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date The Royal Bank of Scotland Group pic, Edinburgh, United Kingdctn - 4(c)(8) application for prior approval to engage indirectly through its wholly owned subsidiaries Charterhouse Inc., Charterhouse North American Securities, Inc., and Charterhouse Properties, Inc., in certain nonbanking activities, to acquire a partnership interest in a de novo general partnership, Continental Partners, and to engage indirectly through Continental Partners in certain nonbanking actitivies Federal Register Not Yet Established SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE *Subject to CRA Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only_________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice Stamford Bank Gorp., Stamford, New York to became a bank holding company with respect to The National Bank of Stamford, Stamford, New York. 1/ 5/13/90 3/ Amsterdam-Rotterdam Bank, Amsterdam, the Netherlands and its parent, Stichting Amro, to become bank holding companies by acquiring more than 50% of the shares of European American Bancorp, New York, New York, itself a bank holding company. [This represents an amendment to the original application.]!/ N/A SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Barclays PLC and Barclays Bank PIC, both London, England to engage through their subsidiary, Barclays de Zoete Wedd, Incorporated, New York, New York in full service brokerage activities. N/A Creditanstalt-Bankverein, Vienna, Austria, to engage through its subsidiary, HKW Asset Management, Inc., New York, New York, in certain investment advisory activities. National Westminster Bank PIC, London, England and NatWest Holdings, Inc., New York, New York to engage through their subsidiary, County NatWest International Limited, New York, New York, in providing financial advisory and securities brokerage services. 4/30/90 5/9/90 SECTION IV Applications Not Involving ______ Public Comment______ None. 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FED ERA L R E S E R V E BANK OF PH ILA D ELP H IA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date Meridian Bank, Reading, PA to establish a branch to be located at the King's Supermarket Shopping Center, Route 73 and Friedensburg Road, Oley Township, PA and to make an additional investment in bank premises, pursuant to Section 24A of the Federal Reserve Act. 5/12/90 1/ Meridian Bank, Reading, PA to establish a 1/ branch to be located at Lot #3 of the Carlisle Commerce Center, White Street, West Manchester Township, PA, and to make an additional investment in bank premises, pursuant to Section 24A of the Federal Reserve Act. 5/14/90 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Summit Bancorp, Inc., Johnstown, PA to 1/ acquire Summit Bank, Johnstown, PA, pursuant to Section 3(a)(1) of the Bank Holding Company Act. Newspaper: Federal Register: 5/17/90 5/14/90 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ * Subject to provisions of Community Reinvestment Act N/A - not yet available. A p p lic a tio n s B u lle t in F o r W eek E n d i n g A p r i l 2 1 , 1 9 9 0 S E C T I O N I - A P P L I C A T I O N S SU B J E C T TO N E W S P A P E R NOTI C E ONL Y NONE S E C T I O N II - A P P L I C A T I O N S SU B J E C T TO BOT H NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION R e c e i v e d S e c t i o n 3 ( a ) (1) a p p l i c a t i o n on Apr i l 9, 1990 from N o r t h A m e r i c a n Bancorp, Inc., Pittsburgh, Pennsylvania, to acquire N o r t h S i d e D e p o s i t Bank, Pittsburgh, Pennsylvania. R e c e i v e d S e c t i o n 3(a) (1) a p p l i c a t i o n on Apr i l 16, 1990 from S u m m i t Bancorp, Akron, Ohio, to ac q u i r e Summ i t Bank, Akron, Ohio. COMMENT PERIOD ENDING * F - M a y 4, 1990 * N - M a y 10, 1990 S E C T I O N III - A P P L I C A T I O N S S UBJECT TO F E D E R A L R E G I S T E R N O T I C E ONLY R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on Ap r i l 3, 1990 from B o u r b o n Bancshares, Inc., Paris, Kentucky, to a cquire K e n t u c k y B a n k , F .S .B ., G e o r g e t o w n , K e n t u c k y , a de n o v o s avings institution. * # N F - A p r i l 30, 1990 S u b j e c t to CR A E x p e c t e d to end a p p r o x i m a t e l y 30 days from t h e d a t e of rece i p t N e w s p a p e r Co m m e n t Period F ederal R e g i s t e r Co m m e n t Period A p p lic a tio n s B u lle t in F o r W eek E n d in g A p r i l 2 1 , 1 9 9 0 SECTION IV - APPLICATIONS NOT SUBJECT TO F E D E R A L R E G I S T E R NOTICE OR NEWSPAPER NOTICE NONE * # N F - Subject to CRA E xp ected to end approximately 30 days from the date of receipt Newsp a p e r Comment Period Federal Regi s t e r Comment Period CORRECTED NOTICES Originally appeared on the Applications Bulletin For Week Ending April 7, 1990 SECTION I - APPLICATIONS SUBJECT TO N E W S P A P E R NOTICE ONLY APPLICATION COMMENT PERIOD E N D I N G CORRE C T I O N R e c e i v e d application on April 3, 1990 from The D o llar Savings and Trust Company, Youngstown, Ohio, to merge with The M c K i n l e y Bank, Niles, Ohio, pursuant to Se c t i o n 18(c) of the Federal Deposit Insurance A c t . * May 2, 1990 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REG I S T E R NOTICE C O RRECTION R e c e i v e d Section 3(a)(3) application on April 3, 1990 from Ohio Bancorp, Youngstown, Ohio, to acquire The McKinley Bank, Niles, Ohio. * # N F - * N - May 2, 1990 S ubject to CRA Expe c t e d to end approximately 30 days from the date of r e c e i p t N e w s p a p e r Comment Period Federal Register Comment Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Central Fidelity Bank, Richmond, Virginia, request for permission to establish a branch at 4717 Jefferson Davis Highway, Richmond, Virginia.* 5-14-90 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Fidelity Bancorp, Inc., Fairmont, West Virginia, for prior approval to acquire FirstBank Shinnston, Shinnston, West Virginia.* 5-15-90 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None *Application is subject to CRA. Week Ending April 20, 1990 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject To Both Newspaper and Federal Register Notice Application Comnent Period Ending Date AmSouth Bancorporation Birmingham, Alabama To acquire First Bank of Maury County, Columbia, Tennessee. Auburn National Bancorporation 04-24-90 Auburn, Alabama Federal Register Change in control by Edward L. Spencer to acquire an additional 4.36 percent of the outstanding shares of cannon stock that will increase his total ownership to 16.08 percent. Terrabank Holding Corporation 04-20-90 Miami, Florida Federal Register Change in control by Arthur Hertz to acquire an additional 2.00 percent of the outstanding shares of cannon stock that will increase his total ownership to 10.21 percent. Carmercial Bancorp of Gwinnett, Inc. 04-22-90 Lawrencevilie, Georgia Newspaper 1-BHC formation, CCaimercial Bank of Gwinnett, N.A., Lawrenceville, Georgia (in organization). The Gwinnett Financial Corporation 05-04-90 Lawrenceville, Georgia Newspaper Change in control by Roderick S. Sturdivant to acquire an additional 42.11 percent of the outstanding shares of common stock that will increase his total ownership to 51.49 percent. Citizens Bancorporation, Inc. Plaquemine, Louisiana Change in control by W. B. Middleton to increase his ownership from 9.99 percent to 10.04 percent as the result of a stock redaiption, and to acquire an additional 4.96 percent of the outstanding shares of common stock that will increase his ownership to 15 percent. NBN Corporation 04-30-90 Newport, Tennessee Federal Register and Newspaper To acquire First Peoples Bancorp, Inc., Jefferson City, Tennessee, and thereby indirectly acquire its subsidiary bank, First Peeples Bank of Jefferson County, Jefferson City, Tennessee. Week Ending April 20, 1990 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Citizens Bancorporation, Inc. Plaquemine, Louisiana To redeem 150 shares (.50 percent) of its outstanding cannon stock. Tennessee State Bancshares, Inc. Galtinburg, Tennessee To redeem 47,612 shares (35.56 percent) of its outstanding ccinnon stock. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Comment Period Endina Date Type Application EFT Bankers Trust Company Des Moines, Iowa Park Fair Mall, 100 East Euclid Des Moines, Iowa* Merger/ Branch N - ** Citizens Trust and Savings Bank South Haven, Michigan Fidelity Federal Savings and Loan Association Kalamazoo, Michigan* 128 Locust Street Allegan, Michigan* Branch Citizens Trust and Savings Bank South Haven, Michigan 212 S. Kalamazoo Street Paw Paw, Michigan* N N - 4-26-90 - ** Section II - Applications Subiect to Both Newspaper and Federal Reaister Notice Type Application Y-2 Readlyn Bancshares, Inc. St. Paul, Minnesota Tripoli Bancshares, Inc. St. Paul, Minnesota American Savings Bank Tripoli, Iowa* Y-2 . Marshall & Ilsley Corporation Milwaukee, Wisconsin MSI Bank of Oconomowoc (in organization) Oconomowoc, Wisconsin* Comment Period Endina Date FR - 3-23-90 N - 5-10-90 FR - 4-13-90 N - 5-5-90 Y-2 Manufacturers National Corporation Detroit, Michigan State Bank of Lake Zurich Lake Zurich, Illinois* FR - 4-23-90 N - 4-30-90 CoC-HC First Sioux Bancshares, Ltd. Sioux Center, Iowa William Biles, III, John Biles & Brian Riddell FR - 4-27-90 N - ** Y-2 First Midwest Bancorp, Inc. Naperville, Illinois Plainfield National Bank Plainfield, Illinois* FR - 5-2-90 N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Type Application Y-l First Colonial/York, Inc* Chicago, Illinois York Bancshares Corporation Elmhurst, Illinois York State Bank and Trust Company Elmhurst, Illinois* Y-2 CoC-HC Midlothian State Bank Employees Stock Ownership Trust Midlothian, Illinois Midlothian State Bank Midlothian, 111inois * American State Corporation Lawrenceburg, Indiana Clark H* Byrum The Key Corporation The Key Life Insurance Company Comment Period Ending Date FR - 4-30-90 N - ** FR - ** N - 5-12-90 FR - ** N - ** Section III - Applications Subject to Federal Register Notice Comment Period Ending Date Type Application 4(c)(8) Comerica Incorporated Detroit, Michigan Management consulting to depository institutions FR - 4-30-90 4(c)(8) Central-State Bancorp, Inc* Frankfort, Michigan Make and sell fixed rate mortgage in the secondary mortgage market through Central State Service Corp. Beulah, Michigan FR - ** 4(c)(8) KSAD, Inc* Council Bluffs, Iowa Make and service loans FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application None N - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act ** - Not available at this time April 20, 1990 Federal Reserve Bank of St. Louis SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. FEDERAL RESERVE BANK OF M IN N EAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Appl i c a t i o n None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application David A. E r i c k s o n To increase ownership of Linton Bancshares, Inc., Bismarck, ND from 11.13% to 11.56% 4-24-90 (Federal Register) First C o m m u n i t y Bank Group, Inc. Minnetonka, M N To a c quire T o d d County Agency, Inc., Bertha, MN* 4-30-90 (Federal Register) The M e r c h a n t s Holding Company Winona, M N To acquire LaCrescent State Bank, LaCrescent, M N * Not yet available Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application None. * S ubject to CRA , FEDERAL RESERV E BANK OF M INNEAPOLIS Section IV - Applications Not Subject to Federal Reserve Notice or Newspaper No t i c e A pplication None. Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE F & M Bank Services, Inc., Wichita, Kansas, for prior approval to become a bank holding company through the acquisition of 100 percent of the voting shares of Farmers and Merchants State Bank, Derby, Kansas.* Not Available C. B. Graft, Clinton, Oklahoma, for prior approval to increase his pro p o r t i o n a t e ownership interest in Thomas Bancshares, Inc., Thomas, Oklahoma, by 15 percent to 39.96 percent. Not Available Charles Boepple, Goltry, Oklahoma, for prior approval to increase his proportionate ownership interest in Goltry Bancshares, Inc., Goltry, Oklahoma, by 3.03 percent to 25.55 percent. Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY A P P L I CATION Union Bancshares, Inc., Wichita, Kansas, for prior approval to establish an interim savings and loan, H u t c hinson Federal Savings & Loan Association, Hutchinson, Kansas, to a cquire certain assets and liabilities of First Federal Savings and Loan Association of Hutchinson, Hutchinson, Kansas. COMMENT PERIOD ENDING DATE Not Available Federal Reserve Bank o f Kansas City SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G I S T E R NOTICE OR NEWSPAPER NOTICE APPLICATION None. ^Application is subject to CRA. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 16, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Fred S. Neumann, Dallas, TX, to acquire an interest in Southeast Bancshares, Inc., Dali a:, TX ^Section 3(a)(3) application by American Capital Corporation, Centerville, TX, to acquire Guaranty Bond State Bank of Waller, Waller, TX N/A 90/05/07 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Notice by First Lockney Bancshares, Inc., Lockney, TX, to redeem 250,000 shares of its preferred stock * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN ERANCXSOO Week ending 4/20/90 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Valley Bank of Nevada, Las Vegas, Nevada, to establish a branch at the northeast corner of Tropicana and Decatur, Las Vegas, Nevada. * Newspaper: 5/17/90 Section II - Applications Subject to Both Newspaper and Federal Register Notice Capital City Bank ESOP, Salt Lake City, Utah, to increase its ownership from 14.62 to 20.07 percent of Capital Bancorp, Salt Lake City, Utah. Fed. Rea.: 5/11/90 Newspaper: 5/04/90 Section III - Applications Subject to Federal Register Notice Only The Dai-Ichi Kangyo Bank, Ltd., Tokyo, Japan, to engage in Futures Commission Merchant and Futures advisory activities through a yet-to-be named subsidiary. Fed. Rea.: Not yet published Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA.
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