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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1989, No. 16 Actions of the^Board, its Staff, and the Feaeral Reserve Banks; Applications ,,aga[ ififtoorts Received During t&e vfeelfffidDig April 22, 1989 ISiRVE ACTIONS TAKEN BY THE BOARD OF G O V E R N o M NK OF GL eveland BANK HOLDING COMPANIES Hongkong and Shanghai Banking Corporation? Hong Kong Kellett? N.V.? Curacao? Netherlands Antilles; HSBC Holdings B.V.? Amsterdam? the Netherlands; and Marine Midland Banks? Inc.? Buffalo? New York — to retain warrants of Statewide Bancorp? Toms River, New Jersey. Approved? April 19? 1989. Western Bancshares? Coos Bay? Oregon — stay of Reserve BankTs decision regarding the insurance agency activities of Western Bank. Approved? April 19? 1989. FORMS Monthly Survey of Selected Deposits and Other Accounts (FR 2042) and Quarterly Survey of the Number of Selected Deposit Accounts (FR 2071) -extension and revision of the former and elimination of the latter form. Proposed? April 17? 1989. Regulation G Registration and Deregistration Statements Related to Margin Securities (FR G-l? G-3? and G-4) and G-2 with revision. Proposed? April 17? 1989. Report of Brokers Carrying Margin Accounts (FR 2240) — extension. Proposed? April 17? 1989. Statement of Purpose for an Extension of Credit by a Creditor (FR T-4) — extension. Proposed? April 17? 1989. Survey of Terms of Bank Lending (FR 2028A* 2028A-S? and 2028B) — extension with revision. Proposed? April 17? 1989. RESERVE BANK OPERATIONS Federal Reserve Bank of Kansas City — renovation of the buildingTs mechanical and electrical equipment Approved? April 19, 1989. H.2 APRIL 17, 1989 PAGE 2 TO APRIL 21, 1989 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 Bank One* Sturgis, Sturgis, Michigan — to establish a branch on the campus of Western Michigan University, Kalamazoo, Michigan. Approved, April 21, 1989. Richmond Signet Bank / Virginia, Richmond, Virginia — to establish a branch at the intersection of Diamond Springs Road and Wesleyan Drive, Virginia Beach, Virginia. Approved, April 21, 1989. Richmond United Bank and Trust Company of Maryland, Upper Marlboro. Maryland — to establish a branch at the intersection of Maryland Route 235 and Wildewood Boulevard, California, Maryland. Approved, April 20, 1989. San Francisco Valley Bank of Nevada, Las Vegas, Nevada — establish a branch at 840 E. Twain #133. Approved, April 20, 1989. to BANK HOLDING COMPANIES Atlanta American Bankshares, Inc., Marietta, Georgia — to engage de novo in commercial financing and lending activities through American Bank Financing. Permitted, April 20, 1989. Minneapolis BancMidwest Corporation, St. Paul, Minnesota — to engage de novo in data processing activities. Permitted, April 19, 1989. Chicago Caisse Nationale de Credit Agricole, Paris, France — to engage de novo in financial services through UI - USA, Inc., New York, New York. Permitted, April 20, 1989. New York Chase Manhattan Corporation, New York, New York — acquire certain mortgage servicing rights from Bankers Trust Company. Approved, April 18, 1989. to H.2 APRIL 17, 1989 PAGE 3 TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta Citizens National Corporation, Naples, Florida -- to acquire Citizens National Bank of Naples. Returned, April 19, 1989. Secretary First Chicago Corporation, Chicago, Illinois — to acquire Morgan Shareholder Services Trust Company, New York, New York. Approved, April 17, 1989. Kansas City Heritage Bancorp Co., Cleveland, Oklahoma -- to engage de novo in lending activities. Permitted, April 20, 1989. S t . Louis Illinois One Bancorp, Inc., Shawneetown, Illinois ~~ to acquire First State Bank of Elizabethtown, Elizabethtown, Illinois. Approved, April 21, 1989. Chicago Lakeside Credit Company, Inc., Minneapolis, Minnesota — to acquire First Trust & Savings Bank, Cedar Rapids, Iowa. Approved, April 18, 1989. Chicago Merchants and Manufacturers Bancorporation, Inc., Milwaukee, Wisconsin — to establish a joint venture with Lincoln Savings and Loan Association. Permitted, April 21, 1989. Atlanta Northwest Georgia Financial Corporation, Dallas, Georgia -- to engage de novo in management consulting services to nonaffiliated depository institutions. Permitted, April 20, 1989. Chicago PWB Bancshares, Inc. Wausaukee, Wisconsin — to acquire Pembine - Wausaukee Bank, Crivitz, Wisconsin. Approved, April 17, 1989. Minneapolis Thompson Insurance, Inc., Englewood, C o l o r a d o -- to acquire Basin State Bank, Stanford, Montana. Approved, April 21, 1989. H.2 APRIL 17, 1989 PAGE 4 TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City United Missouri Bancshares, Inc., Kansas City, Missouri — to engage de novo in lending activities. Withdrawn, April 19, 1989. Chicago West Michigan Financial Corporation, Hudsonville, Michigan — to acquire Bank of Hudsonville. Approved, April 21, 1989. Atlanta Whitney Holding Corporation, New Orleans, Louisiana — to acquire Whitney National Bank in St. Tammany Parish, Mandeville, Louisiana. Approved, April 17, 1989. Kansas City Widmer Bancshares, Inc., Salisbury, Missouri — acquire Merchants and Farmers Bank. Approved, April 20, 1989. to BANK PREMISES Cleveland Bank of Corning Company, Corning, Ohio — in bank premises. Approved, April 21, 1989. investment Minneapolis Grand Rapids State Bank, Grand Rapids, Minnesota — investment in bank premises. Approved, April 17, 1989. Chicago Harris Bank St. Charles, Saint Charles, Illinois — investment in bank premises. Approved, April 19, 1989. BANKS, STATE MEMBER Kansas City Citizens State Bank and Trust Company, Ellsworth, Kansas -- payment of a dividend. Approved, April 18, 1989. H.2 APRIL 17, 1989 PAGE 5 TO APRIL 21, 1989 I ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Boston BankWorcester Corporation, Worcester, Massachusetts — redemption of shares. Approved, April 19, 1989. Minneapolis Turtle Bancshares, Incorporated, Turtle Lake Wisconsin — redemption of shares. Approved, April 21, 1989. Dallas Western Bancshares of New Mexico, Inc, Artesia, New Mexico — redemption of shares. Returned, April 19, 1989. CHANGE IN BANK CONTROL Kansas City Alamosa Bancorporation, Ltd., Alamosa, Colorado -change in bank control. Permitted, April 19, 1989. Dallas Diboll State Bancshares, Inc., Diboll, Texas — change in bank control. Returned, April 17, 1989. Kansas City Galleria Bank, Overland Park, Kansas — bank control. Permitted, April 18, 1989. Dallas Pineland Bancshares, Inc., Pineland, Texas — in bank control. Returned, April 17, 1989. Minneapolis Turtle Bancshares, Incorporated, Turtle Lake, Wisconsin -- change in bank control. Permitted, April 21, 1989. Dallas Western Bancshares of New Mexico, Inc., Artesia, New Mexico -- change in bank control. Permitted, April 19, 1989. change in change COMPETITIVE FACTORS REPORTS New York Bank Inter - America, New York, New York, proposed acquisition of certain assets and liabilities of six branches of The Chase Manhattan Bank, N.A. — report on competitive factors. Submitted, April 17, 1989. H2 APRIL 17, 1989 PAGE 6 TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Boston Bank of New Haven, New Haven, Connecticut, proposed merger with New Haven Merchants1 Bank — report on competitive factors. Submitted, April 18, 1989. New York Dollar Dry Dock Bank, White Plains, New York, proposed assumption of deposit liabilities of a branch of Bankers Trust Company located at 455 Park Avenue, New York, New York — report on competitive factors. Submitted, April 20, 1989. Chicago Dubuque Bank and Trust Company, Dubuque, Iowa, proposed merger with Key City Bank and Trust — report on competitive factors. Submitted, April 20, 1989. Atlanta First American National Bank, Chattanooga, Tennessee, proposed merger with First American National Bank, Knoxville, Tennessee — report on competitive factors. Submitted, April 20, 1989. Chicago First of America Bank - Muskegon, Muskegon, Michigan, proposed merger with First of America Bank Ludington N.A., Ludington, Michigan — report on competitive factors. Submitted, April 20, 1989. Minneapolis First State Bank, Le Roy, Minnesota, proposed merger with the Le Roy Office of First National Bank, Hastings, Minnesota — report on competitive factors. Submitted, April 17, 1989. Dallas First State Bank, Pflugerville, Texas, proposed merger with The First National Bank of Canton, Canton, Texas — report on competitive factors. Submitted, April 17, 1989. Boston Great Country Bank, Ansonia, Connecticut, proposed merger with Derby Savings Bank, Derby, Connecticut — report on competitive factors. Submitted, April 19, 1989. H.2 APRIL 17, 1989 PAGE 7 TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Richmond Guyan National Bank, Barboursville, West Virginia, proposed merger with Guyan Interim National Bank — report on competitive factors. Submitted, April 17, 1989. Chicago Ida County State Bank, Ida Grove, Iowa, proposed acquisition of the assets and assumption of the liability to pay deposits made in the First Trust and Savings Bank, Galva, Iowa — report on competitive factors. Submitted, April 21, 1989. Chicago National Exchange Bank and Trust of Fond du Lac, Fond du Lac, Wisconsin, proposed merger with Mount Calvary State Bank, Mount Calvary, Wisconsin — report on competitive factors. Submitted, April 20, 1989. Kansas City Oklahoma Bank, Oklahoma City, Oklahoma, proposed merger with Century Bank, N.A. — report on competitive factors. Submitted, April 17, 1989. Cleveland Society Bank of Eastern Ohio, National Association, Canton, Ohio, proposed merger with Society National Bank, Cleveland, Ohio — report on competitive factors. Submitted, April 18, 1989. Chicago State Bank of LaHarpe, LaHarpe, Illinois, proposed acquisition of assets and assumption of liability to pay deposits made in the Carthage, Illinois branch of First Midwest Bank / M.C., N.A., Quincy, Illinois. Submitted, April 21, 1989. H.2 APRIL 17, 1989 PAGE 8 TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Chicago Athens Bancorp, Inc., Athens, Illinois — extension to July 12, 1989, to acquire Athens State Bank. Granted, April 18, 1989. Chicago Comerica Incorporated, Detroit, Michigan — extension to July 16, 1989, to engage in consumer financial counseling. Granted, April 21, 1989. Atlanta Finacorp, Inc., Naples, Florida — extension to July 16, 1989, to acquire First National Bank of Naples. Granted, April 19, 1989. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain property. Granted, April 20, 1989. Richmond Forest Hill State Bank, Forest Hill, Maryland — extension to October 1, 1989, to relocate main office from 2334 Rock Spring Road to 130 South Bond Street, Bel Air, Maryland. Granted, April 19, 1989. Chicago Harris Bank St. Charles, Saint Charles, Illinois — extension to December 31, 1989, to establish a branch at the intersection of Illinois Highway 64 and Smith Road. Granted, April 19, 1989. Atlanta Jackson County Bancorp, Inc., Gainesboro, Tennessee — extension to July 29, 1989, to acquire Jackson County Bank. Granted, April 19, 1989. Atlanta Northwest Georgia Financial Corporation, Dallas, Georgia — extension to July 17, 1989, to acquire Citizens Guaranty Mortgage Company. Granted, April 19, 1989. Staff Director BS&R Security Pacific Corporation, Los Angeles, California — extension to October 21, 1989, to conform activities of Burns Fry Holdings Corporation, Toronto, Ontario, Canada to Regulation K. Granted, April 21, 1989. H.2 APRIL 17, 1989 PAGE 9 TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TINE Kansas City United Missouri Bancshares, Inc., Kansas City, Missouri — extension to July 23, 1989, to acquire Monroe City Bank, Monroe City, Missouri. Granted, April 20, 1989. San Francisco U.S. Bancorp, Portland, Oregon — certain property. Granted, April 20, 1989. San Francisco Wells Fargo & Company, San Francisco, California — extension to divest certain property. Granted, April 18, 1989. extension to divest RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of New York — to purchase magnetic tape drive equipment for Cranford, Jericho, Utica, and head office. Approved, April 18, 1989. SECURITIES REGULATION Staff Director BS&R Over-the-counter stocks — revised list of OTC stocks subject to margin requirements, effective May 8, 1989. Published, April 21, 1989. H.2 APRIL 17, 1989 PAGE 10 ADDITIONS AND CORRECTIONS TO APRIL 21, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS * UNDER DELEGATED AUTHORITY. COMPETITIVE FACTORS REPORTS Atlanta Bank of Ellijay, Ellijay, Georgia, proposed purchase of assets and assumption of the liability to pay deposits made in the Chatsworth, Georgia, branch of the Decatur Federal Savings and Loan Association, Decatur, Georgia — report on competitive factors. Submitted, April 11, 1989. EXTENSIONS OF TIME Philadelphia CoreStates Financial Corp., Philadelphia, Pennsylvania — extension to July 11, 1989, to engage in securities activities through CoreStates Securities Corp. Granted, April 11, 1989. FEDERAL RESERVE RANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO DOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Carment Period Ending Date Application People's Savings Financial Corp., New Britain, Connecticut - 3(a)(1) application to become a bank holding company through the acquisition of The. People's Savings Bank of New Britain, New Britain, Connecticut* Newspaper 5-10-39 Federal Register 5-13-89 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Application NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL FEGISTER OR NEWSPAPER NOTICE Application 1DNE ♦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 None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Westpac Banking Corp., Sydney, Australia to engage in various lending activities. 5/2/89 SECTION IV Applications Not Involving ________ Public Comment________ None. 1/ 2/ 3/ 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 FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date First Peoples Financial Corporation, Westmont, NJ to engage de novo in mortgage banking activities by acquiring 100% of First Peoples Mortgage Corporation a newly formed New Jersey business corporation pursuant to Section 4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(1)(iii) of Regulation Y. 5/12/89 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. Ten Independence Mali, Philadelphia, PA 1 9 1 0 6 -1 5 7 4 , (2 1 5 ) 5 7 4 -6 0 0 0 Applications Bulletin For Week Ending April 22, 1989 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING Received application on April 20* 1 9 8 9 The Central Trust Company, Newark, Ohio, for permission to establish a CBCT branch at 1155 North 21st Street, Newark, Ohio. *Not Yet Known # SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a)(5) application on April 19, 1989 from Fifth Third Bancorp, Cincinnati, Ohio, to acquire C.S. Bancshares, Inc., Connersville, Indiana. * May 11, 1989 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4(c) (8) application on April 12, 1989 frcm The Central Banoorporation, Inc., Cincinnati, Ohio, and its parent, PNC Financial Corp, Pittsburgh, Pennsylvania, to acquire 14.035 percent of Money Station, Inc. Coluntous, Ohio. * # N F - S u b j e c t to CRA E x p e c t e d to e nd a p p r o x i m a t e l y 30 d a y s Newspaper Comment Period Federal R e gister C omment Period May 12, 1989 f r o m the d a t e of receipt Applications Bulletin For Week Ending April 22, 1989 Received Section 4(c)(8) application on April 21, 1989 from Banc One Corporation, Columbus, Ohio, to expand the activities of its wholly-owned subsidiary, Banc One Brokerage Corporation, to include the provision of investment advice and certain underwriting services for bank eligible securities for retail and institutional customers pursuant to Sections 225.25(b)(4) and 225.25(b)(15) of Regulation Y. Not Yet Known # SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * # N F - S u b j e c t to C R 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 d a y s Newspaper Comment Period Federal Re g i s t e r C omment Period from the date of receipt Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application The Bank of Romney, Romney, West Virginia, for prior approval to merge with Romney Interim Bank Corporation, Romney, West Virginia (a nonoperating bank).* 5-12r89 Romney Interim Bank Corpration, Romney, West Virginia (a nonoperation bank), for membership in the Federal Reserve System.* 5-12-89 Signet Bank/Virginia, Richmond, Virginia, request for permission to establish a branch at the Williamsburg Crossing Shopping Center located at the intersection of Route 199 and Route 5, Williamsburg, Virginia.* 5-17-89 Signet Bank/Virginia, Richmond, Virginia, request for permission to establish a branch at 2230 East Parham Road, Richmond, Virginia.* 5-17-89 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Romney Bankshares, Inc., Romney, West Virginia, for prior approval to become a bank holding company through the acquisition of 100% of the voting shares of The Bank of Romney, Romney, West Virginia.* Comment Period Ending Date 5-12-89 Section III - Applications Subject to Federal Register Notice Appl ication None -Application is subject to CRA. Comment Period Endiiv; Date Federal Reserve Bank of Richmond Section IV - Applications Not Subject: to Federal Register Notice or Newspaper Notice Applleation None April 24, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Roth Newspaper and Federal Register Notice Application Conraent Period Ending Date Bankers' Bancorporation of Florida, Inc. 05-10-89 Orlando, Florida Federal Register & Newspaper 1-BHC formation, Independent Bankers' Bank of Florida, Orlando, Florida. Barnett Banks, Inc. 05-13-89 Jacksonville, Florida Newspaper To acquire Investors Trust Financial Corporation, Duluth, Georgia, and thereby indirectly acquire its banking subsidiary, Investors Bank & Trust, Duluth, Georgia. Capital City Bark Group, Inc. Tallahassee, Florida To acquire Branford State Bank, Branford, Florida. 05-09-89 Newspaper Meoa Ban}; 05-05-89 Miami, Florida Federal Register & Newspaper Change in control by Marvin Braun, Thomas Gary, Charles Kantor and Lonnie (lion) Kantor to acquire an additional 37.7 percent. The acquisition will increase their ownership to 40.5 percent. Dahlonega Bancorp, Inc. 05-05-89 Dahlonega, Georgia Federal Register & Newspaper To acquire Georgia First Bank, Gainesville, Georgia. First National Bancorp 05-10-89 Gainesville, Georgia Federal Register To merge with Pickens County Bancshares, Inc., Jasper, Georgia, ana thereby acquire its subsidiary, Pickens County Bank, Jasper, Georgia. North Georgia National Bancshares, Inc. 05-12-89 Woodstock, Georgia Federal Register 1-BFC formation, North Georgia National Bank, Woodstock, Georgia (ir rganization). Bankers Capital Corporation Forest, Mississippi 1-BHC formation, to acquire 50.01 percent of The Metropolitan Corporation, Biloxi, Mississippi, and indirectly acquire its banking subsidiary, Metropolitan National Bank, Biloxi, Mississippi. April 24, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Forest Bancorp Forest, Mississippi To acquire up to 67.26 percent of Bankers Capital Corporation, Forest, Mississippi. Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date Barnett Banks, Inc. 05-12-89 Jacksonville, Florida Federal Register To expand the activities of Barnett Merchant Services, Inc., Jacksonville, Florida, to include acting as agent for Applicant's affiliated banks on lost and stolen credit cards, pursuant to section 225.25(b)(1) of Regulation Y. NOrthside Bancshares, Inc. 05-12-89 Roswell, Georgia Federal Register Applicant (d/b/a Southern Bank Group, Inc., Roswell, Georgia), proposes to establish Southern Mortgage Group, Inc., Roswell, Georgia and engage de novo in mortgage lending activities, pursuant to section 225.25(b) (1)(iii) of Regulation Y. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Tvoe Application Branch/24A Citizens Trust and Savings Bank South Haven, Michigan 510 Hubbard Street Allegan, Michigan* Comment Period Ending Date N - 4-27-89 Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-2 Lake Shore Bancorp, Inc. Chicago, Illinois Illinois Center Bancorporation, Inc. Glen Ellyn, Illinois Center Bank - Glen Ellyn Glen Ellyn, Illinois* FR - 4-21-89 N - 4-18-89 Y-l First National Bank of Blue Island Employee Stock Ownership Trust Blue Island, Illinois Great Lakes Financial Resources, Inc. Blue Island, Illinois First National Bank of Blue Island Blue Island, Illinois Community Bank of Homewood-Flossmore Homewood, Illinois* N - 4-17-89 FR - 5-10-89 CoC-HC/RoS Eastern Wisconsin Bancshares, Inc. Howards Grove, Wisconsin To redeem 1,210 shares from Robert and Yvonne Furman - CoC by Dr. Roger L. Siegert and Plymouth Veterinary Center Profit Sharing Trust, Dr. R. L. Siegert, Trustee N - ** FR - 5-8-89 Y-2 Firstar Corporation Milwaukee, Wisconsin The First National Bank of Wisconsin Rapids, Wisconsin Wisconsin Rapids, Wisconsin* N - 4-13-89 FR - 5-10-89 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date 2YES Application Y-l Pine Creek Bancorp, Inc. Oakland, Illinois The Oakland National Bank Oakland, Illinois* N - ** FR - 5-10-89 Y-l FSB Bancorp, Inc. Breckenridge, Michigan Farmers State Bank of Breckenridge Breckenridge, Michigan* N - ** FR - 5-10-89 Y-2 First Busey Corporation Urbana, Illinois St. Joseph Bancorp, Inc. St. Joseph, Illinois The State Bank of St. Joseph Saint Joseph, Illinois* N - 5-8-89 FR - 5-12-89 Y-2 Michigan National Corporation Farmington Hills, Michigan First State Bank and Trust Company Port Lavaca, Texas* N - ** FR - 5-12-89 Y-l Farmers Savings Bank, Trustee of Farmers Savings Bank Employee Stock Ownership Plan and Trust West Union, Iowa The Farmers Savings Bank West Union, Iowa* FR - 5-5-89 N - ** Y-2 F.W.S.F. Corporation Milwaukee, Wisconsin Elkhorn Bankshares Corporation Elkhorn, Wisconsin State Bank of Elkhorn Elkhorn, Wisconsin* FR - 5-5-89 N - ** Y-2 Firstar Corporation Milwaukee, Wisconsin Elkhorn Bankshares Corporation Elkhorn, Wisconsin State Bank of Elkhorn Elkhorn, Wisconsin* FR - 5-5-89 N - ** Y-l Bancpal, Inc. Palatine, Illinois Bank of Palatine Palatine, Illinois* FR - 5-5-89 N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-l Easton Bancshares, Inc. Easton, Illinois Community Bank of Easton Easton, Illinois* FR - ** N - 4-1-89 Y-2 Fort Wayne National Corporation Fort Wayne, Indiana FN Bancorp Warsaw, Indiana First National Bank of Warsaw Warsaw, Indiana* FR - 3-16-89 N - 5-4-89 Y-l Iowa Financial Bancorporation Minneapolis, Minnesota First National Bank of Oelwein Oelwein, Iowa BP Corporation Minneapolis, Minnesota Iowa State Savings Bank Clinton, Iowa* FR - 3-16-89 N - 4-24-89 Y-2 Oelwein Bancorporation Minneapolis, Minnesota BP Corporation Minneapolis, Minnesota Iowa State Savings Bank Clinton, Iowa* FR - 3-16-89 N - 4-24-89 Y-l Coal City Corporation Wilmette, Illinois Allied Banc Corporation Morton Grove, Illinois Allied Bank/Coal City National Coal City, Illinois* FR - 1-23-89 N - 4-21-89 CoC-HC Parker Bank Holding Corporation Indianapolis, Indiana Michael 0. Lunsford FR - ** N - 4-25-89 Y-2 Illinois Financial Services, Inc Chicago, Illinois PDB Investment Corporation Norridge, Illinois Plaza Bank, Norridge, Illinois Norridge, Illinois* FR - 5-12-89 N - ** Y-l Blairstown Bancorp, Inc. Blairstown, Iowa Benton County State Bank Blairstown, Iowa* FR - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Comment Period Ending Date Type Application 4(c)(8) Grand Bank Financial Corporation Grand Rapids, Michigan Grand Financial Ass^Iates, Inc. Grand Rapids, Michigan FR - 5-4-89 Y-4 Greatbanc, Inc. Aurora, Illinois Plansmith Corporation Palatine, Illinois FR - 5-10-89 4(c)(8) Irwin Union Corporation Columbus, Indiana Objective Financial Solutions, Inc. Columbus, Indiana FR - 5-5-89 Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application None N FR * ** - Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time Federal Reserve Bank of St. Louis SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date Change in control notification by Alvin J. Siteman involving Mark Twain Bancshares, Inc., St. Louis, Missouri (Not available) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER Section 4(c)(8) notification by First National Bancshares Corporation, Jackson, Tennessee, to engage de novo directly in dealing in certificates of deposit (Not available) Section 4(c)(8) notification by Liberty National Bancorp, Inc., Louisville, Kentucky, to expand the geographic area in which it conducts previously approved lending and credit insurance sales activities (Not available) SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to _______ Newspaper Notice Only_______ Comment Period Ending Date Application Norwest Bank International, Miami Minneapolis, MN To change its name to Norwest Bank International-Trade Services, Min neapolis, MN; and to establish a domestic branch in Brookfield, WI, by acquiring this branch from its affiliate, Norwest Bank International, Minneapolis, MN Not yet available Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Francis Malone Oldham, SD To acquire control of 28.60% of the voting shares of Consolidated Holding Company Oldham, SD Clifford R. Jerpak and Lloyd R. Jerpak To acquire control of 97.72% of the voting shares of Crow River State Bank, Delano, MN. Orono Financial, Inc. Navarre, MN To acquire Wayzata Bank of Lakes, N.A. Wayzata, MN, a de novo bank* ^Subject to CRA Comment Period Ending Date Not yet available 5-5-89 (Federal Register) Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending Date Application Stearns Financial Services, Inc. Albany, MN To acquire (1) 80% of Stearns Agency, Inc., Albany, MN, which owns Stearns County National Bank, Albany, MN; (2) 100% of Financial Services of Evansville, Inc., Evansville, MN, which owns Farmers State Bank, Evans ville, MN; (3) 84.13% of Security State Bank, Holdingsford, MN; and (4) 94.56% of Farmers State Bank, Upsala, MN.* Not yet available State Bankshares, Inc. Fargo, ND To acquire State Bank of Fargo, Fargo, ND and First State Bank, West Fargo, ND* Not yet available Section III - Applications Subject to Federal Register Notice Only Application Ncrwest Corporation, Mpls., MN; Norwest Financial Service, Inc., Des Moines, IA, and Norwest Financial, Inc., Des Moines, IA To engage in leasing personal property and to make, acquire, and service loans of the type made by a commercial finance company through the acquisition of Financial Investment Associates, Inc., Northfield, Illinois. The activity will be conducted nationwide. *Subject to CRA Comment Period Ending Date 5-5-89 FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only (Continued) Comment Period Ending Date Application Stearns Financial Services, Inc. Albany, MN To engage in general insurance agency activities in places with a population not exceeding 5,000 through the acqui sition of (1) Stearns Agency, Inc., Albany, MN; (2) Financial Services of Evansville, Inc., Evansville, MN; and (3) Security Insurance Agency, Holdingsford, MN. Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DA T E None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE John F. K a n e , B a r t l e s v i l l e , O k l a h o m a , for p r i o r approval to i n c r e a s e his p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in CSB Bancorp, Inc., C o f f e y v i l l e , Kansas, by 84.03 p e r c e n t to 84.33 p ercent. No t A v a i l a b l e Don E. H y l t o n , O v e r b r o o k , Kansas, for p r i o r a p p r o v a l to increase his p r o p o r t i o n a t e o w n e r s h i p interest in O v e r b r o o k B a n k s h a r e s , Inc., O v erbrook, K a n s a s , by .61 per c e n t to 18.96 p e r c e n t . Not A v a i l a b l e Don E. H y l t o n , Overb r o o k , Kansas, for p r i o r a p p r o v a l to increase his p r o p o r t i o n a t e o w n e r s h i p interest in C a r b o n d a l e B a n k s h a r e s , Inc., C a r b o n d a l e , K a n s a s , by 3.24 p e r c e n t to 18.73 p e r c e n t . Not A v a i l a b l e Mountain Parks Financial Corporation, Minneapolis, M i n n e s o t a , for p r i o r approval to a c q u i r e 100 p e r c e n t of the voting shares of Ba n k of Evergreen, Ever g r e e n , C o l o r a d o . * Not A v a i l a b l e C o m m e r c i a l S e c u r i t y Bancshares, Inc., S t o c k t o n , M i s s o u r i , for prior appro v a l to b e c o m e a bank holding c o m pany t h r o u g h th e a c q u i s i t i o n of 94.67 p e r c e n t of th e v oting shares of Sac R i v e r V a l l e y Bank, Stockton, M i s s o u r i .* Not A v a i l a b l e Federal Reserve Bank o f Kansas City C. R. C o w h e r d , C a r r o l l t o n , M i s s o u r i , for a p p r o v a l to r e t a i n his p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in C a r r o l l C o u n t y B a n c s h a r e s , Inc., C a r r o l l t o n , M i s s o u r i , of 1 7 . 5 4 p ercent. Not A v a i l a b l e SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD E NDING DATE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. ♦ A p p l i c a t i o n is subject to CRA FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 17, 1989 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONI V APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOIH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION “ NOTICE EXP ‘Section 3(a)(1) application by Harvey Bancorporation, Inc., Dallas, TX to acquire Preston Forum National Bank of Dallas, Dallas, TX 89/04/21 ‘Section 3(a)(1) application by Chalybeate Springs Corporation, Hughes Springs, TX to acquire The First National Bank of Hughes Springs, Hughes Springs, TX 89/05/12 Change in Control Notice by Norman D. Oswald, Duncanville, TX, to acquire an interest in Metroplex Bancshares, Inc., Dallas, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE O O E W S P A P E R NOTICE APPLICATION None. * 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 FRANCISCO Week ending 4/21/89 Section I - Applications Sub.iect to Newspaper Notice Only Application Comment Period Ending Date Valley Bank of Nevada, Las Vegas, Nevada, to establish a branch at 285 E. Main Street, Fernley, Nevada. * Newspaper: 4/30/89 Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Moore Financial Group, Boise, Idaho, to merge its subsidiary, Western Bank Holding Company, Bellevue, Washington, with and into First Security Bancorp, Tacoma, Washington. * Newspaper: Not available Fed. Rea.: 5/17/89 Richard M. and Rebecca I. Adler Trust, Los Angeles, California, to increase its ownership from 56 to approximately 80 percent of APSB Bancorp, Los Angeles, California. Newspaper: Not available Fed. Reg.: 5/12/89 Section III - Applications Sub.iect to Federal Register Notice Only The Tokai Bank, Limited, Nagoya, Japan, to engage in securities brokerage and underwriting and dealing activities through Tokai Securities, Inc., New York, New York. Fed. Reg.: 5/12/89 Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA.
@FedFRASER