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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL -RESERVE SYSTEM H.2, 1990, to. 17 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending April 28, 1990 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Cheshire Financial Corporation, Keene, New Hampshire — to acquire Village Savings Bank, Greenville, New Hampshire. Approved, April 23, 1990. Fleet / Norstar Financial Group, Providence, Rhode Island, and Fleet / Norstar New York, Albany, New York — to acquire certain assets of Heartland Securities, Inc., Chicago, Illinois, and engage in retail securities brokerage services. Approved, April 23, 1990. Mitsui Bank Limited, Tokyo, Japan, and The Taiyo Kobe Bank, Limited, Kobe, Japan — reconsideration of Board7s approval of the application to acquire Taiyo Kobe Bank and Trust Company, New York, New York. Denied, April 25, 1990. BOARD OPERATIONS Risks to U.S. Banking System Posed by Troubled Foreign Loans and Adequacy of Reserve Levels Against Loans to Highly Indebted Countries — report of the three Federal bank regulatory agencies sent to the Congress. Approved, April 25, 1990. RESERVE BANK SERVICES Fedwire — revisions to operating hours (Docket R-0676). Approved, April 25, 1990. Fedwire — notification of receivers of off-line funds transfers (Docket R-0690). Proposed, April 25, 1990. joint H.2 APRIL 23, 1990 PAGE 2 TO APRIL 27, 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 Richmond Central Fidelity Bank, Richmond, Virginia — to establish a branch at 3167 Duke Street, Alexandria, Virginia. Approved, April 24, 1990. New York Chemical Bank, New York, New York — to establish a branch at 216 Old Country Road, Nineola, New York. Approved, April 27, 1990. New York Chemical Bank, New York, New York — to establish a branch at Worldwide Plaza, 325 West 49th Street. Approved, April 27, 1990. Kansas City Heritage Bank of Olathe, Olathe, Kansas — establish a branch at 1125 W. Dennis. Approved, April 25, 1990. Kansas City Peoples Bank, Pratt, Kansas — in Medicine Lodge, Kansas. Approved, April 26, 1990. Kansas City Wahoo State Bank, Wahoo, Nebraska — to establish an automated teller machine at 1063 North Chestnut Street. Approved, April 23, 1990. to to establish a branch BANK HOLDING COMPANIES S t . Louis AMBANC Corp., Vincennes, Indiana — to merge with Citizen1s National Corporation, Linton, Indiana, and accjuire Citizen1s National Bank of Linton. Approved, April 24, 1990. Chicago Amcore Financial, Inc., Rockford, Illinois — fo engage de novo in trust activities through Amcore Trust Company. Permitted, April 27, 1990. Chicago Bank of Montreal, Montreal, Canada — to purchase certain assets and assume certain liabilities of Libertyville Federal Savings and Loan Association. Approved, April 23, 1990. H. 2 APRIL 23, 1990 PAGE 3 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta Barnett Banks, Inc., Jacksonville, Florida — to establish Barnett FSB, and to acquire certain assets and assume certain liabilities of First Federal Savings Association of the Florida Keys, Key West, Florida. Approved, April 27, 1990. Kansas City Business Banc of America, Inc., Abilene, Kansas — to acquire Citizens Bank Services, Inc., and Citizens Bank and Trust Company. Approved, April 27, 1990. Chicago Central - State Bancorp, Inc., Frankfort, Michigan — to engage de novo in mortgage activities through Central State Service Corp., Beulah, Michigan. Returned, April 23, 1990. Kansas City Columbus Corp., Stanley, Kansas — Bank. Approved, April 26, 1990. Dallas Crosby Bancshares of Delaware, Inc., Wilmington, Delaware — to acquire Crosby State Bank, Crosby, Texas. Waived, April 23, 1990. S t . Louis Delta Bancshares, Inc., Eudora, Arkansas — de novo in credit related insurance. Permitted, April 26, 1990. Philadelphia Diamond State Bancorp, Dover, Delaware — Diamond State Bank, N.A. Approved, April 26, 1990. Minneapolis Duke Financial Group, Inc., St. Paul, Minnesota — to acquire Peoples State Bank of Cambridge, Cambridge, Minnesota, and Community State Bank of Princeton, Princeton, Minnesota. Waived, April 23, 1990. Dallas EastPark Bancshares, Inc., Dallas, Texas — acquire EastPark National Bank. Approved, April 25, 1990. to acquire Stanley to engage to acquire to H.2 APRIL 23, 1990 PAGE 4 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES ~~ Chicago First Colonial Bankshares Corporation, Chicago, Illinois — to acquire Fox Lake Bank, Fox Lake, Illinois. Approved, April 23, 1990. S t . Louis First Commercial Corporation, Little Rock, Arkansas engage de novo in data processing activities Permitted, April 24, 1990. Secretary First Commonwealth Financial Corporation, Indiana, Pennsylvania to acquire Peoples Bank and Trust Company# Jennerstown# Pennsylvania. Approved# April 26, 1990. Dallas Globalshare, Limited# Road Town# Tortola, British Virgin Islands — to acquire El Paso Financial Corporation# Wilmington# Delaware# and El Paso State Bank# El Paso# Texas. Approved# April 23# 1990. Chicago Harris Bankcorp# Inc.# Chicago# Illinois — to purchase certain assets and assume certain liabilities of Libertyville Federal Savings and Loan Association. Approved# April 23# 1990. Secretary Mid - South Bancorp# Inc.# Franklin# Kentucky — acquire The Peoples Bank of Elk Valley# Fayetteville# Tennessee. Approved# April 24# 1990. S t . Louis Missouri Quad Bancshares# Inc.# Kansas City# Missour — to acquire Quad County Banshares# Inc.# Viburnum# Missouri# and Quad County State Bank. Approved# April 27# 1990. New York Mitsubishi Trust and Banking Corporation# Tokyo, Japan — to acquire Spectrum Capital# Ltd.# New York# New York, and BC Capital Partners L.P., Las Vegas# Nevada# and engage in financing and leasing aircraft through BC Capital Partners. Approved# April 27# 1990. Staff Director BS&R NCNB Corporation, Charlotte, North Carolina — proposal that NCNB Texas National Bank# Dallas# Texas# purchase the assets and assume the liabilities of Interim Five NCNB Texas# F.S.B. Approved# April 27# 1990. to H .2 APRIL 23, 1990 PAGE 5 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Richmond NCNB Corporation, Charlotte, North Carolina — establish Interim Five NCNB Texas, F.S.B., Duncanville, Texas. Approved, April 27, 1990. to Minneapolis Peoples State Bank of Cambridge, Cambridge, Minnesota — to acquire Community State Bank of Princeton, Princeton, Minnesota. Waived, April 23, 1990. Cleveland PNC Financial Corp., Pittsburgh, Pennsylvania — to engage in securities activities on the order of investors as a "riskless principal" through PNC Securities Corp. Withdrawn, April 27, 1990. Dallas Sabine Bancshares, Inc., Many, Louisiana — bank control. Returned, April 23, 1990. New York Societe Generale, Paris, France — to engage in investment and financial advisory activities through Societe Generale Touche Remnant Corporation, New York, New York. Permitted, April 24, 1990. New York State Bank of South Australia, Adelaide, South Australia, Australia — to engage nationwide in lending activities through Centre Capital Funding Corporation, Inc., Evanston, Illinois. Permitted, April 27, 1990. Chicago Sturm Investments, Inc., Omaha, Nebraska — to engage de novo in the issuance and holding of secured promissory notes for stock purchases by key personnel of Sturm and affiliated entities. Permitted, April 27, 1990. San Francisco Sumitomo Bank, Limited, Osaka, Japan — to expand certain swap activities currently engaged in by Sumitomo Bank Capital Markets, Inc., New York, New York, to the latter’s de novo London subsidiary, S.B.C.M. (UK), London, England. Approved, April 25, 1990. change in H. 2 APRIL 23, 1990 PAGE 6 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Union Colony Bancorp, Greeley, Colorado — to acquire Valley National Bank, Loveland, Colorado. Approved, April 25, 1990. BANK MERGERS Richmond Crestar Bank, Richmond, Virginia — to purchase certain of the assets and assume certain of the liabilities of the branch of Perpetual Savings Bank, F.S.B., McLean, Virginia, located at 750 Independence Boulevard, Virginia Beach, Virginia. Approved, April 26, 1990. BANK PREMISES Chicago Henry County Bank, Green Rock, Illinois — in bank premises. Approved, April 23, 1990. Philadelphia Meridian Bank, Reading, Pennsylvania — bank premises. Approved, April 25, 1990. Chicago Rock Island Bank, Rock Island, Illinois — in bank premises. Approved, April 23, 1990. investment investment in investment BANKS, STATE MEMBER Staff Director American Bank & Trust Company, New Orleans, Louisiana — transfer agent registration. BS&R Withdrawn, April 23, 1990. H .2 APRIL 23, 1990 PAGE 7 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK San Francisco Brighton Bancorp, Salt Lake City, Utah — of shares. Approved, April 25, 1990. redemption CHANGE IN BANK CONTROL San Francisco Capital City Bank Employee Stock Ownership Plan, Salt Lake City, Utah — change in bank control. Returned, April 26, 1990. Kansas City Paonia Financial Services, Inc., Paonia, Colorado — change in bank control. Permitted, April 27, 1990. COMPETITIVE FACTORS REPORTS Atlanta Barnett Bank of Hernando County, N.A., Spring Hill, Florida, proposed merger with Barnett Bank of Citrus County, N.A., Inverness, Florida — report on competitive factors. Submitted, April 24, 1990. Kansas City Columbian National Bank and Trust Company, Topeka, Kansas, proposed merger with Topeka Bank and Trust Company — report on competitive factors. Submitted, April 24, 1990. Richmond Farmers and Citizens State Bank, Clendenin, West Virginia, proposed merger with FC Interim Bank, Inc. — report on competitive factors. Submitted, April 26, 1990. Cleveland First Bancorporation of Ohio, Akron, Ohio, proposed acquisition of Peoples Savings Bank, Ashtabula, Ohio — . report on competitive factors. Submitted, April 23, 1990. Atlanta First Federal Savings Bank of Tennessee, Tullahoma, Tennessee, proposed merger with First Federal Interim Savings Bank — report on competitive factors. Submitted, April 25, 1990. H .2 APRIL 23, PAGE 8 1990 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Minneapolis First Fidelity Bank, Burke, South Dakota, proposed merger with Ranchers National Bank of Winner, Winner, South Dakota — report on competitive factors. Submitted, April 25, 1990. Atlanta First Florida Banks, Inc., Tampa, Florida, proposed purchase of the assets and assumption of the deposit liabilities of Mid-State Federal Savings Bank, Ocala, Florida — report on competitive factors. Submitted, April 24, 1990. Atlanta First Peoples Bank of Jefferson County, Jefferson City, Tennessee, proposed merger with First Peoples Bank Merger Subsidiary, Inc., Newport, Tennessee — report on competitive factors. Submitted, April 24, 1990. Richmond FirstBank Shinnston, Shinnston, West Virginia, proposed merger with First Interim Bank — report on competitive factors. Submitted, April 23, 1990. San Francisco Great American Bank, SSB, San Diego, California, proposed merger with Great American Bank, FSB, Tucson, Arizona — report on competitive factors. Submitted, April 27, 1990. Chicago Guthrie County State Bank, Guthrie Center, Iowa, proposed merger with GC State Bank — report on competitive factors. Submitted, April 23, 1990. H .2 APRIL 23, 1990 PAGE 9 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Ottawa Savings Bank, FSB, Holland, Michigan, proposed merger with Great Lakes Bancorp, A Federal Savings Bank, Ann Arbor, Michigan — report on competitive factors. Submitted, April 26, 1990. Cleveland Peoples Banking and Trust Company, Marietta, Ohio, proposed merger with The Peoples Bank, Nelsonville, Ohio — report on competitive factors. Submitted, April 23, 1990. S t . Louis Peoples Building and Loan Association of Oblong, Oblong, Illinois, proposed merger with First Robinson Savings and Loan Association — report on competitive factors. Submitted, April 25, 1990. S t . Louis Posey County National Bank, Mount Vernon, Mount Vernon, Indiana, proposed merger with Farmers Bank & Trust Company, Wadesville, Indiana — report on compet it ive factors. Submitted, April 27, 1990. Chicago Suburban National Bank of Palatine, Palatine, Illinois, proposed merger with Suburban National Bank of Woodfield, Schaumburg, Illinois — report on competitive factors. Submitted, April 23, 1990. ENFORCEMENT Secretary Northwest Indiana Bancshares, Inc., Fort Wayne, Indiana — extension of time to file exceptions and briefs with respect to recommended decision in case involving David DeHart, Robert Marcuccilli, Wayne Roe, V. Edgar Stanley, Jerry Grady, and Jerry Sisinger. Granted, April 24, 1990. H .2 APRIL 23, 1990 PAGE 10 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME San Francisco BankAmerica Corporation, San Francisco, California — extension to divest certain property. Granted, April 23, 1990. Richmond First Virginia Bank - Colonial, Richmond, Virginia — extension to June 10, 1990, to establish a branch at 497 Southpark Circle, Colonial Heights, Virginia. Granted, April 25, 1990. Philadelphia Omega Financial Corporation, State College, Pennsylvania, extension to July 29, 1990, to acquire up to 9.99 percent of Mifflinburg Bancorp, Inc. Granted, April 24, 1990. Boston People’s Savings Financial Corp., New Britain, Connecticut — extension to July 20, 1990, to redeem shares. Granted, April 24, 1990. Staff Director BS&R Security Pacific Corporation, Los Angeles, California — extension to October 21, 1990, to conform activities of Burns Fry Holdings Corporation, Toronto, Ontario, Canada. Granted, April 24, 1990. Richmond Signet Bank / Virginia, Richmond, Virginia — extension to December 16, 1990, to establish a branch at 2230 East Parham Road. Granted, April 24, 1990. INTERNATIONAL OPERATIONS Philadelphia Philadelphia National Bank, Philadelphia, Pennsylvania — to establish a branch in Hong Kong. Approved, April 23, 1990. RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of St. Louis — to increase daily and per-item fees of the return item reclearing service in the Little Rock, Louisville, and Memphis Branches. Approved, April 26, 1990. H .2 APRIL 23, PAGE 11 1990 TO APRIL 2 7 , 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY SECURITIES REGULATION Staff Director BS&R Over-the-counter stocks — revised list of OTC stocks subject to margin requirements, effective May 14, 1990. Published, April 27, 1990. H .2 ADDITIONS AND CORRECTIONS APRIL 23, PAGE 12 1990 TO APRIL 27, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Taylor Bancshares, Inc., North Mankato, Minnesota — to acquire Farmers National Bank of Minnesota Lake, Minnesota Lake, Minnesota. Approved, April 5, 1990. CHANGE IN BANK CONTROL Minneapolis Windom State Investment Company, Windom, Minnesota — change in bank control. Permitted, April 6, 1990. RESERVE BANK SERVICES Director, FRBO Federal Reserve Bank of Kansas City — to provide financial institutions with an automated clearing house return service through an interactive telephone voice response system. Approved, April 20, 1990. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Ccmroent Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Conrnent Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date The Royal Bank of Scotland Federal Register Group pic, Edinburgh, United Kingdom - 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 Not Yet Established First Regional Bancorp, Federal Register Inc.,Hartford, Connecticut - 4 (c)(8) application to engage in the private placement of debt and equity securities and to provide merger and acquisition advice and services through First Regional Investcorp, Inc., Hartford, Connecticut 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_________ Chemical Bank, New York, New York to establish a branch at Hudson Armor Car & Courier Service, Inc., Upper North Road, Highland, New York.l/ 5/22/90 SECTION II Applications Subject to Both Newspaper and Federal Register Notice Chase Manhattan National Corporation, New York, New York ("CMNC") to acquire The Chase Manhattan Bank (USA), N.A., Wilmington, Delaware and certain nonbanking subsidiaries of The Chase Manhattan Corporation, New York, New York. CMNC also intends to establish a branch in Jersey, Channel Islands to accept deposits from non-United States residents and non-United States citizens only.l/ 5/7/90 2/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Swiss Bank Corporation, Basel, Switzerland to enter into a joint venture with the management of O'Connor & Associates, a Chicago investment advisor to (1) provide investment and financial advisory services to affiliates, (2) engage through a de novo subsidiary in acting as the specialist in Swiss Franc options and a market maker in certain other foreign exchange options on the Ehiladelphia Stock Exchange, executing and clearing options transactions, and hedging options positions and (3) engage de novo through its existing government securities dealer in trading options and hedging positions in options on government securities. The Fuji Bank, Limited, Tokyo, Japan to engage through its subsidiary, Fuji Capital Markets Corporation, New York, New York, in intermediating in the international swap markets by acting as an originator and principal N/A in interest rate swap and currency swap transactions, acting as an originator and principal with respect to swap derivative products, acting as broker or agent with respect to the above transactions and instruments, and acting as advisor to institutional customers regarding financial strategies involving interest rate and currency swaps and swap derivative products. N/A 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. FEDERA L R ESER V E BANK OF PH ILA D ELPH IA 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 Univest Corporation of Pennsylvania. Souderton, PA to acquire 100% of the voting shares of Pennview Savings Association, Souderton, PA, pursuant to Section 4(c)(8) of the Bank Holding Company Act. N/A* Bryn Mawr Bank Corporation, Bryn Mawr, PA to establish Profit Research Consulting, Inc., Bryn Mawr, PA to engage in management consulting services for nonaffiliated depository institutions, pursuant to Section 4(c)(8) of the Bank Holding Company Act. N/A* 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. Applications Bulletin For Week Ending April 28, 1990 SECTION I - APPLICATIONS SUBJECT TO NEW S P A P E R NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REG I S T E R NOTICE APPLICATION COMMENT PERIOD ENDING R e c e i v e d S ection 3(a)(1) application on April 18, 1990 from First Grayson Bancorp, Inc., Grayson, Kentucky, to acquire The First National Bank of Grayson, Grayson, Kentucky. * F - M a y 14, 1990 SECTION III - APPLICATIONS SUBJECT TO F EDERAL R E G ISTER NOTICE ONLY Received S e ction 4(c)(8) application on April 25, 1990 from F.N.B. Corporation, Hermitage, Pennsylvania, to acquire Dollar Savings Association, New Castle, Pennsylvania. Not Yet Known # SECTION IV ~ APPLICATIONS NOT SUBJECT TO F E DERAL REGI S T E R NOTICE OR NEWSPAPER NOTICE NONE * # N F - Sub ject to CRA Expe c t e d to end approximately 30 days from the date of receipt 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 None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Carl D. Silver, Change in Control with respect to Fredericksburg National Bancorp, Inc., Fredericksburg, Virginia.* ** 5-8-90 Second National Financial Corporation, Culpeper, Virginia, to become a bank holding company through the acquisition of Second National Bank, Culpeper, Virginia.* 5-20-90 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Premier Bankshares Corporation, Tazewell, Virginia, to engage in providing data pro cessing services to the public at large pursuant to written agreements.** 5-11-90 BB&T Financial Corporation, Wilson, North Carolina, for prior approval to acquire Carolina Bancorp, Inc., and its subsidiary, First Federal of the Carolinas, F.A., both of High Point, North Carolina.** 5-11-90 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None *Application is subject to CRA. **Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending April 27, 1990 Section I - Applications Subject to Newspaper Notice Only Application Trust Company Bank 05-22-90 (CRA) Atlanta, Georgia Newspaper To merge with Trust Company Bank of Douglas County, Douglasville, Georgia. AmSouth Bank of Tennessee Nashville, Tennessee To become a member of the Federal Reserve System, pursuant to section 9 of the Federal Reserve Act. Section II - Applications Subject To Both Newspaper and Federal Register Notice Application Comment Period Ending Date SouthTrust Corporation 04-30-90 Birmingham, Alabama Newspaper Along with SouthTrust of Florida, Inc., St. Petersburg, Florida, to merge with South Florida Financial Corporation, Cape Coral, Florida, and thereby acquire its subsidiary bank, Community National Bank, Cape Coral, Florida. EuroHoldings, Inc. Coral Gables, Florida 1-BHC formation, Transflorida Bank of Palm Beach, Boca Raton, Florida, formerly located in Boynton Beach, Florida. CSRA Bank Corp. 05-07-90 Wrens, Georgia Newspaper 1-BHC formation, First State Bank, Wrens, Georgia. First Gwinnett Bancshares, Inc. Norcross, Georgia 1-BHC formation, First Gwinnett Bank, Norcross, Georgia. Section III - Applications Subject to Federal Register Notice Only Application Forest Bancorp Forest, Mississippi To engage de novo in providing management consulting advice to nonaffiliated banks and nonbank depository institutions through Bankers Services Corporation, Forest, Mississippi, pursuant to section 225.25(b)(11) of Regulation Y. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspap* Notice Only Comment Period Ending Date Type Application Merger/ Branch Deland State Bank Deland, Illinois Monticello, Illinois Branch of Citizens Federal Bank, Miami, Florida* N - 4-21-90 Branch Warren Bank Warren, Michigan NW Corner Dodge Park and Warsaw Drive Sterling Heights, Michigan* N - 5-5-90 Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application COC-HC Charter National Bancorp, Inc. Taylor, Michigan Charles A. Brethen, Jr., Trustee of Charles A. Brethen, Jr. Trust FR - 3-16-90 N - 4-10-90 Y-l Manning Financial Services, Inc. Manning, Iowa The First National Bank of Manning Manning, Iowa* FR - 4-25-90 N - 4-30-90 Y-l First Colonial/York, Inc. Chicago, Illinois York Bancshares Corporation Elmhurst, Illinois York State Bank and Trust Company Elmhurst, Illinois* FR - 4-30-90 N - 5-16-90 Y-2 First Midwest Bancorp, Inc. Naperville, Illinois Plainfield National Bank Plainfield, Illinois* FR N - CoC-HC First Sioux Bancshares, Ltd. Sioux Center, Iowa William Biles III, John Biles & Brian Riddell FR - 4-27-90 N - 5-8-90 5-2-90 5-4-90 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-2 Capitol Bancorp, Ltd. Lansing, Michigan Ann Arbor Commerce Bank (in organization) Ann Arbor, Michigan* FR - ** N - ** Y-l John Warner Financial Corporation Clinton, Illinois The John Warner Bank Clinton, 111inois* FR - ** N - ** Y-l Northwest Bancorp, Inc. Hoffman Estates, Illinois First National Hoffman Bancorp, Inc. Hoffman Estates, Illinois First National Bank of Hoffman Estates Hoffman Estates, Illinois First Midwest Financial Corporation Hoffman Estates, Illinois Charter Bank and Trust of Illinois Hanover Park, Illinois* FR - ** N - 5-23-90 Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application Y-4 First of America Bank Corporation Kalamazoo, Michigan Shelby Federal Savings Bank Indianapolis, Indiana FR - 5-4-90 Y-4 West Suburban Bancorp, Inc. Lombard, Illinois Aurora Federal Savings Bank, F.S.B. Aurora, Illinois FR - 5-4-90 4(c)(8) Ashton Bancorporation, Inc. Ashton, Illinois Sell life, health, property and casualty insurance and annuities FR - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-4 SCB Bancorp, Inc. Decatur, Illinois First Federal Savings and Loan Association of Macon County Decatur, Illinois FR - ** Y-4 Oxford Financial Corporation Addison, Illinois Make and service loans through Hampton Park Corporation Romeoville, Illinois FR - ** 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 A p r i l 27, F e d e r a l R e se rv e Bank o f S t. L o u is 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date ^Section 3(a)(3) application by Cass Commercial Corporation, St. Louis, Missouri, to acquire Cass Bank of St. Louis, St. Louis, Missouri, a de novo bank. (Newspaper 5-22-90) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. *This application is subject to CRA. F EDERAL RESERVE BANK OF M INNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice C o mment Period Endi n g Date Application The Merchants Holding Company Winona, MN To acquire LaCrescent State Bank, LaCrescent, MN* 5-14-90 Century B a n c s h a r e s , I n c . Eden Prairie, MN To acquire Century Bank, N . A . , Eden Prairie, MN* Not yet available (Federal Register) Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application None. Section IV - Applications Not S ubject to Federal Reserve Notice or Newspaper No t i c e Application None. ♦Subject to CRA Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING D A T E None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING D A T E First Bankshares of Las Animas, Inc., Las Animas, Colorado, for prior approval to acquire 100 percent of the voting shares of First National Bank of La Junta, La Junta, Colorado.* Not Available John Dugan, Wichita, Kansas; John Daley, Garden City, Kansas; Patrick Regan, Wichita, Kansas; William Higgins, Wichita, Kansas; Melvin Winger, Johnson, Kansas; R. D. Floyd, Johnson, Kansas; John Lewis, Syracuse, Kansas; Paul Dugan, Wichita, Kansas; Patrick Regan, Jr., Wichita, KansaS; Glenn Dugan, Goddard, Kansas; and Larry Carney, Wichita, Kansas; to acquire 100 percent of American National Bancshares of Wichita, Inc., Wichita, Kansas. Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION First Financial Corporation, Wellington, Kansas, for prior approval to acquire 100 percent of voting shares of Wellington Area Test Farm, and thereby engage in community development activities (060). COMMENT PERIOD ENDING D A T E Not Available Federal Reserve Bank o f Kansas City SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R EGISTER 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 23, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION i l - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Mike Broussard, Leveliand, TX; Bob Veretto, Levelland, TX; and John W. Soules, Sundown, TX, to acquire an interest in Sundown Bankshares, Inc., Sundown, TX N/A Change in Control Notice by Bob Veretto, Levelland, TX; John W. Soules, Sundown, TX; and Mike Broussard, Levelland, TX, to acquire an interest in Sundown Bankshares, Inc., Sundown, TX N/A Change in Control Notice by John W. Soules, Sundown, TX; Mike Broussard, Levelland, TX; and Bob Veretto, Levelland, TX, to acquire an interest in Sundown Bankshares, Inc., Sundown, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION Section 4(c)(8) de novo notification by United Texas Financial Corporation, Wichita Falls, TX, to engage in the activity of acquiring loans for itself or for others of the type made by an agricultural lender pursuant to Section 225.25(b)(1) NOTICE EXP N/A SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NENSPAPER 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 FRANCHSOO Week ending 4/27/90 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 ♦First Hawaiian, Inc., Honolulu, Hawaii, to acquire First Interstate of Hawaii, Inc., Honolulu, Hawaii. ♦Cascade Bancorp, Bend, Oregon, to become a bank holding company through the acquisition of 100 percent of Bank of the Cascades, Bend, Oregon. Fed. Rea.: Not Available Newspaper: Not Available Fed. Rea.: Not Available Newspaper: Not available Section III - Applications Subject to Federal Register Notice Only Hie 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.: Yet-to-bepublished, Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Central Bancorporation, Wenatchee, Washington, to redeem up to 150,000 shares of common stock. * Subject to CRA.