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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1983 No. 17) Actions of the Board; Applications and Reports Received During the Week Ending A p r i l 30, 1983 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD New York GF National Bank, N.A., pi ens F a l l s , New York, proposed merger w i t h Glens F a l l s National Bank and Trust Company, Glens F a l l s , New York; report to the Comptroller of the Currency on competitive f a c t o r s . V Richmond Piedmont Bank and Trust Company, Davidson, North C a r o l i n a , to invest i n bank premises. \J Atlanta C i t i z e n s and Southern National Bank, Savannah, Georgia, proposed merger w i t h Bank of Canton, Canton, Georgia; report t o t h e Comptroller of the Currency on competitive f a c t o r s . 1_/ Atlanta Citizens Union Bank, R o g e r s v i l l e , Tennessee, proposed merger w i t h C i t i z e n s Union I n t e r i m Bank, R o g e r s v i l l e , Tennessee; r e p o r t to the Federal Deposit Insurance Corporation on competitive f a c t o r s . _]/ Atlanta Bank o f the South, N.A., A t l a n t a , Georgia, proposed merger w i t h Trust Company of Columbus, Columbus, Georgia; report t o the Comptroller of the Currency on competitive f a c t o r s . J_/ Atlanta C i t i z e n s Bank of Hahira, Hahira, Georgia, proposed merger w i t h C i t i z e n s Bank of Morven, Morven, Georgia; report t o the Federal Deposit Insurance Corporation on competitive factors. J/ Atlanta F i r s t National Bancorp of G r e e n v i l l e , I n c . , G r e e n v i l l e , Alabama, extension of time u n t i l August 13, 1983, w i t h i n which to became a bank holding company through a c q u i s i t i o n of the F i r s t National Bank of G r e e n v i l l e . J_/ Atlanta FCB Holding Company, Orlando, F l o r i d a , extension of time u n t i l July 6, 1983, w i t h i n which to become a bank holding company through a c q u i s i t i o n of F l o r i d a Center Bank, Orlando, F l o r i d a . 1/ T7 A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 -2 - ACTIONS OF THE BOARD - Continued Atlanta Bartow Bancshares, I n c . , C a r t e r s v i 1 l e , Georgia, extension of time u n t i l June 30, 1983, w i t h i n which to become a bank holding company through a c q u i s i t i o n of Bartow County Bank, C a r t e r s v i l i e , Georgia. JJ Atlanta F i r s t City Bancshares, I n c . , G a i n e s v i l l e , F l o r i d a , extension of time u n t i l August 21, 1983, w i t h i n which t o become a bank holding company through a c q u i s i t i o n of F i r s t C i t y Bank, G a i n e s v i l l e , F l o r i d a . 1/ Atlanta Sun Banks of F l o r i d a , I n c . , Orlando, F l o r i d a , extension of time u n t i l June 18, 1983, w i t h i n which to acquire The F i r s t National Bank of Defuniak Springs, Defuniak Springs, F l o r i d a . ] / Chicago Jefferson State Bank, Chicago, I l l i n o i s , a p p l i c a t i o n f o r p r i o r approval t o merge with JSB Bank, Chicago, I l l i n o i s , under the c h arter of JSB Bank and t i t l e of Jefferson State Bank; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Chicago Peoples Trust Bank, Fort Wayne, Indiana, a p p l i c a t i o n f o r p r i o r approval t o merge w i t h Indiana Bank and Trust Company of Fort Wayne, Fort Wayne, Indiana, under the c h a r t e r of Peoples Trust Bank and t i t l e of Summit Bank; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . \J Chicago F i r s t I l l i n o i s Corporation, Evanston, I l l i n o i s , extension of time to August 17, 1983, w i t h i n which to acquire 100 percent of t h e v o t i n g shares of the successor by merger to Northwest Trust & Savings Bank, A r l i n g t o n Heights, I I l i n o i s . Xj St. Louis Country Bancorp, I n c . , Mount O l i v e , I l l i n o i s , extension of time u n t i l July 24, 1983, w i t h i n which to become a bank holding company through the a c q u i s i t i o n of the successor by merger to National Bank of Mount O l i v e , Mount O l i v e , I l l i n o i s . V S t . Louis F i r s t Financial Services, I n c . , B r o w n s v i l l e , Tennessee, extension of time u n t i l June 3, 1983, w i t h i n which to become a bank holding company through the a c q u i s i t i o n of the successor by merger to F i r s t State Bank, Brownsv i l l e , Tennessee. 1/ T7 A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 3 ACTIONS OF THE BOARD - Continued Kansas City Community Corporation, Enid, Oklahoma, extension of time u n t i l July 25, 1983, w i t h i n which to consummate the a c q u i s i t i o n of Community Bank & Trust Company, Enid, Oklahoma. J / Kansas City Downing Investment Co., I n c . , E l l i s , Kansas, extension of time u n t i l August 2, 1983, w i t h i n which to consummate the a c q u i s i t i o n of Americus State Bank, Americus, Kansas, and E l l i s State Bank, E l l i s , Kansas. _1J Dallas Westhollow National Bank, Houston, Texas, proposed merger w i t h Westhollow Bank, National A s s o c i a t i o n , Houston, Texas; report to the Comptroller of the Currency on competitive f a c t o r s . JJ Dallas V i c t o r i a Bankshares, I n c . , V i c t o r i a , Texas, extension of time t o July 6, 1983, w i t h i n which to consummate the a c q u i s i t i o n of F i r s t National Bank of I n g l e s i d e , I n g l e s i d e , Texas. V Dallas Texas American Bancs hares, I n c . , Fort Worth, Texas, extension of time t o August 7, 1983, w i t h i n which to consummate the a c q u i s i t i o n of C i ti zens National Bank of Temple, Temple, Texas. V San Francisco Continental Bank and Trust Company, Salt Lake C i t y , Utah, extension of time t o May 2, 1984, w i t h i n which to e s t a b l i s h a branch o f f i c e to be located at 9000 South 1700 West, Salt Lake C i t y , Utah, ty San Francisco Trans Bankcorp, I n c . , San Francisco, C a l i f o r n i a , extension of time to August 3, 1983, w i t h i n which to become a bank holding company through the a c q u i s i t i o n of Trans American National Bank, Monterey Park, C a l i f o r n i a . J / San Francisco Northern Sierra Financial Corporation, Yreka, C a l i f o r n i a , second extension of time to August 1 , 1983, w i t h i n which t o become a bank holding company through a c q u i s i t i o n of at least 80 percent of the v o t i n g shares of Scott Valley Bank, Yreka, C a l i f o r n i a . J / San Francisco PNB Financial Group, Newport Beach, C a l i f o r n i a , second extension of time to July 31 , 1 983, wi t h i n which to become a bank holding company through the a c q u i s i t i o n of P a c i f i c National Bank, Newport Beach, C a l i f o r n i a . ' ]_/ J7 A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 4 ACTIONS OF THE BOARD - Continued To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Independent State Bank of Ohio, Columbus, Ohio. 1/ Cleveland * * * * * To E s t a b l i s h a Domestic Branch Pursuant To Section 9 of the Federal Reserve Act Approved Central Trust Company, Rochester, New York, To use o f f - s i t e e l e c t r o n i c f a c i l i t i e s at seven l o c a t i o n s i n New York S t a t e . 1/ New York * * * * * To Merge Pursuant to Section 18(c) of The Federal Deposit Insurance Act Approved The Bank of West P o i nt, West Point, V i r g i n i a , t o merge w i t h F i r s t S e t t l e r s Bank, Hayes, V i r g i n i a . ]_/ Richmond Chicago C i t i z e n s Bank, Sheboygan, Wisconsin, to merge with Citizens North Side Bank, Sheboygan, Wisconsin. 1/ * * * * * A p p l i c a t i o n s and N o t i f i c a t i o n s f o r I n t e r n a t i o n a l Investments and Other Actions Pursuant t o Sections 25 and 25(a) of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank Holding Company Act of 1 956, as amended San Francisco TJ ~ Sixty-Day N o t i f i c a t i o n Period Allowed t o Expire Crocker National Corporation, San Francisco, C a l i f o r n i a no o b j e c t i o n to e s t a b l i s h an o f f s h o r e financing subs i d i a r y i n the Netherlands A n t i l l e s , to be named Crocker Overseas Finance Corporation, N.V. A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983No. 17 -5 - ACTIONS OF THE BOARD - Continued To Form a Bank Holding Company Pursuant to Section 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1 956 Richmond Approved Carolina Mountain Holding Company, Highlands, North C a r o l i n a , f o r approval t o acquire at l e a s t 80 percent of the v o t i n g shares of Carolina Mountain Bank, Highlands, North Carolina. JJ Richmond Commercial BancShares, Incorporated, Parkersburg, West V i r g i n i a , f o r approval to acquire at l e a s t 80 percent of t h e v o t i n g shares of the successor by merger t o Commercial Banking and Trust Company, Parkersburg, West V i r g i n i a . J / Atlanta Citizens National Bancshares, I n c . , Hammond, Louisiana, f o r approval t o acquire 100 percent of the voting shares of C i t i z e n s National Bank, Hammond, Louisiana. ]_/ Atlanta Citizens Union Bancorp, I n c . , R o g e r s v i l l e , Tennessee, f o r approval to acquire 100 percent of the voting shares of C i ti z ens Union Bank, R o g e r s v i l l e , Tennessee. ]f Atlanta F & M Bancshares, I n c . , L e s l i e , Georgia, f o r approval to acquire at l e a s t 80.15 percent of the v o t i n g shares o f Farmers & Merchants Bank, L e s l i e , Georgia. 1_/ Atlanta South F l o r i d a Banking Corp., Bonita Springs, F l o r i d a , f o r approval to acquire 100 percent of the voting shares of F i r s t National Bank of Bonita Springs, Bonita Springs, Florida. J/ Chicago BancUnion Corp, Lancaster, Wisconsin, f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of Union Bank & T r u s t , Lancaster, Wisconsin. ]_/ Chicago F i r s t Marshall Bancshares, I n c . , M a r s h a l l , I l l i n o i s , for approval to acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger t o F i r s t National Bank, Marshall, I l l i n o i s . V Chicago JAW Bancshares Corp., Stanhope, Iowa, for approval t o acquire at l e a s t 86 percent or more of the voting shares of Farmers State Bank, Stanhope, Iowa. 1/ J7 A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 6 - ACTIONS OF THE BOARD - Continued St. Louis F i d e l i t y Bancorp, I n c . , West Memphis, Arkansas, f o r approval to acquire at least 80 percent of the voting shares of F i d e l i t y National Bank of West Memphis, West Memphis, Arkansas. J / St. Louis F i r s t Commerce Corporation, New Albany, M i s s i s s i p p i , for approval to acquire 100 percent of the v o t i n g shares of the successor by merger to F i r s t National Bank, New Albany, M i s s i s s i p p i . J / St. Louis F i r s t Newport Bancshares, I n c . , Newport, Arkansas, f o r approval to acquire at least 87.2 percent of the voting shares of F i r s t State Bank of Newport, Newport, Arkansas. _[/ St. Louis F i r s t Union Financial Corporation, Monticel l o , Arkansas, for approval to acquire at least 76.4 percent of the voting shares of Union Bank and Trust Company, M o n t i c e l i o , Arkansas. \j Minneapolis Elmore Bancshares, I n c . , Elmore, Minnesota, f o r approval t o acquire at least 91 percent of the v o t i n g shares of The F i r s t National Bank of Elmore, Elmore, Minnesota. ]_/ Kansas City B a i l e y v i i ! e Bancshares, I n c . , B a i l e y v i l l e , Kansas, f o r approval co acquire at l e a s t 80 percent of the voting shares of B a i l e y v i l l e State Bank, B a i l e y v i l l e , Kansas. JJ Kansas City Burns Bancorporation, I n c . , St. Paul, Minnesota, f o r approval to acquire at least 96.5 percent of the voting shares of The Burns National Bank of Durango, Durango, Colorado. 2 / Dallas Texas Southwest Bancorp, I n c . , Mesquite, Texas, f o r approval to acquire 100 percent of the voting shares of Southwest Bank, Mesquite, Texas, J_/ * T/ * * * * A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 7 ACTIONS OF THE BOARU - Continued To Expand a Bank Holding Company Pursuant to Section 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956 Kansas City Atlanta Withdrawn Republic Bancshares of M i s s o u r i , I n c . , Kansas C i t y , Missouri, f o r approval t o acquire at least 90 percent of the v o t i n g shares of S t . James Bank, St. James, Mi s s o u r i . Approved Barnett Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a , f o r approval t o acquire 100 percent of the voting shares of Barnett Bank of Osceola County, N.A., Kissimmee, F l o r i d a , a proposed new bank. ]_/ Atlanta CB&T Bancshares, I n c . , Columbus, Georgia, for approval to acquire 25 percent of the voting shares of West Georgia Financial Corporation, Tallapoosa, Georgia and i n d i r e c t l y West Georgia Bank of Tallapoosa, Tallapoosa, Georgia and C a r r o l l County Financial Corporation, Temple, Georgia and i n d i r e c t l y Bank of C a r r o l l County, Temple, Georgia. J / Chicago State National Corporation, Evanston, I l l i n o i s , f o r approval to acquire 100 percent of the v o t i n g shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger to The Bank & Trust Company of A r l i n g t o n Heights, A r l i n g t o n Heights, I l l i n o i s . ]_/ Dal las United Bankers, I n c . , Waco, Texas, for approval to acquir at least 54.85 percent of the voting shares of Farmers State Bank of M a d i s o n v i l l e , M a d i s o n v i l l e , Texas. 1/ San Francisco W.T.B. Financial Corporation, Spokane, Washington, f o r approval to acquire 100 percent of the v o t i n g shares of Security Bank of Washington, Ephrata, Washington. Tj A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 N0. 17 -8 - ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant to Section 3 ( a ) ( 5 ) of the Bank Holding Company Act of 1956 Approved Banc One Corporation, Columbus, Ohio, for approval to merge w i t h Winters National Corporation, Dayton, Ohio and i n d i r e c t l y acquire Winters National Bank & Trust Company, Dayton; Euclid National Bank, Clevel a n d ; F i r s t National Bank of C i r c l e v i l l e , C i r c l e v i l l e ; and Winters National Bank of C i n c i n n a t i , C i n c i n n a t i , a l l i n Ohio. Cleveland Chicago Whitmore Company, I n c . , Corning, Iowa, f o r approval to merge w i t h Whitmore Bancorporation, I n c . , Corning, Iowa and i n d i r e c t l y acquire 100 percent of the voting shares of Page County State Bank, C l a r i n d a , Iowa. J J * * * * * To Expand a Bank Holding Company Pursuant t o Section 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 Boston Approved Old Colony Co-Operative Bank, Providence, Rhode I s l a n d , for approval t o engage i n the a c t i v i t i e s of a mutual b u i l d i n g - l o a n association at a de novo branch o f f i c e i n East Providence, Rhode Island. Cleveland Banc One Corporation, Columbus, Ohio, f o r approval to acquire Winters National Mortgage Corporation, Winters National Leasing Corporation and National L i f e Insurance Company, a l l i n Dayton, Ohio. San Francisco Independent Bankshares Corporation, San Rafael, C a l i f o r n i a , for approval to acquire Learnex Corporation, La J o l l a , C a l i f o r n i a and thereby engage i n providing management c o n s u l t i n g services to n o n a f f i l i a t e d depository institutions. T7 ~~ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 9 ACTIONS OF THE BOARD - Continued Dallas Boston Reactivated Commercial Bancshares, I n c . , Houston, Texas, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (making or a c q u i r i n g loans and other extensions of c r e d i t such as would be made by a commercial f i n a n c i a l company, i n c l u d i n g commercial loans secured by a borrower's equipment, i n v e n t o r y , accounts receivable, or other a s s e t s ; s e r v i c i n g such loans for o t h e r s ; and making leases of personal property i n accordance w i t h the Board's Regulation Y) these a c t i v i t i e s would be performed i n the State of Texas (4/29/83) 3/ Permitted Multibank Financial Corp., Quincy, Massachusetts, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( i n mortgage banking a c t i v i t i e s i n c l u d i n g , but not l i m i t e d t o , making, a c q u i r i n g and s e r v i c i n g , f o r i t s own account or f o r the account of o t h e r s , loans and extensions of c r e d i t secured by real e s t a t e [ i n c l u d i n g f i r s t and second mortgages secured by o n e - t o - f o u r f a m i l y r e s i d e n t i a l properties and commercial p r o p e r t i e s ] , and s e l l i n g mortgages i n the secondary market) at 1400 Hancock S t r e e t , Quincy, Massachusetts and from seventy-seven additional o f f i c e s of the holding company's s i x subsidiary banks, serving New England and New York, through i t s s u b s i d i a r y , Multibank Mortgage Company, Inc. (4/29/83) 3/ New York The Bank of New York Company, I n c . , New York, New York, requests permission t o e s t a b l i s h a de novo o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s (making loans secured by f i r s t and second mortgages on real estate c o n s i s t i n g of one-to-four family r e s i d e n t i a l prop e r t i e s ) at 190 South King S t r e e t , Suite 1795, Honolulu, Hawaii, through i t s s u b s i d i a r y , ARCS Mortgage, Inc. (4/24/83) 3/ New York F i d e l i t y Union Bancorporation, Newark, New Jersey, requests permission to e s t a b l i s h a de novo o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s (engaging i n t r u s t and p r i v a t e f i n a n c i a l services and other f u n c t i o n s or a c t i v i t i e s t h a t may be performed or c a r r i e d on by a t r u s t company [ i n c l u d i n g a c t i v i t i e s of a f i d u c i a r y , agency, or custodian nature] i n the p a r t i c u l a r manner authorized by applicable federal I? 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 -10ACTIONS OF THE BOARD - Continued and State law except t h a t the proposed subsidiary shall not make loans, investments or accept deposits other than as authorized by 12 C.F.R. §225.4(a)(4)) at 1515 North Federal Highway, Boca Raton, F l o r i d a , through i t s s u b s i d i a r y , F i d e l i t y Union Trust Company of F l o r i d a , National Association (4/23/83) 3/ New York Key Banks, I n c . , Albany, New York, requests permission to expand the a c t i v i t i e s and service area to include the f o l l o w i n g a c t i v i t i e s (previously approved a c t i v i t i e s : s e r v i c i ng of loans and other extensions of c r e d i t and p r o v i d i n g bookkeeping or data processing services and s t o r i n g and processing banking f i n a n c i a l or related data f o r n o n a f f i l i a t e d banking organizations and o t h e r s ; the a c t i v i t i e s w i l l include performing accounts receivable or payable or b i l l i n g services i n connection with the debit and/or c r e d i t card operations of banks, c r e a t i n g and maintaining appropriate computer records of bank merchant and cardholder customers, posting t r a n s a c t i o n s , preparing and r e c o n c i l i n g statements, producing and mailing debit and/or c r e d i t cards, providing a u t h o r i z a t i o n service t o merchants, and handling normal customer and merchant inqui r i e s and problems; de_ novo a c t i v i t i e s : providing data processing and data transmission services f o r the i n t e r n a l operations of the holding company or i t s s u b s i d i a r i e s and for n o n a f f i H a t e d banking organizations and o t h e r s ; the a c t i v i t i e s w i l l i n c l u d e : providing a p o i n t - o f - s a l e and automated t e l l e r machine network and communication switching and settlement services for s u b s i d i a r i e s of a p p l i c a n t , and other banks and t h r i f t i n s t i t u t i o n s ; c r e a t i n g and maintaining appropriate computer records of bank merchant and cardholder customers, posting t r a n s a c t i o n s , preparing and r e c o n c i l i n g statements, m a i l i n g statements, producing and mailing debit and/or c r e d i t cards, providing a u t h o r i z a t i o n service t o merchants, and handling normal customer and merchant i n q u i r i e s and problems) at 800 North Pearl S t r e e t , Albany, New York, through i t s subs i d i a r y , Key Services Corporation (4/23/83) 2 / Philadelphia Continental Bancorp, I n c . , P h i l a d e l p h i a , Pennsylvani a, f o r approval t o acquire 100 percent of the voting shares of Lenders L i f e Insurance Company, Phoenix, Arizona. (4/26/83) 3/ 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 11 ACTIONS OF THE BOARD - Continued Cleveland Mellon National Corporation, P i t t s b u r g h , Pennsylvania, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (providing real estate p o r t f o l i o investment advice i n c l u d i n g : ( i ) serving as the advisory company for a mortgage or real estate investment t r u s t ; ( i i ) serving as investment a d v i s e r , as defined i n Section 2(a)(20) of the investment Company Act of 1940, t o an investment company r e g i s t e r e d under t h a t A c t ; ( i i i ) f u r n i s h i n g general economic information and advice, general economic s t a t i s t i c a l f o r e c a s t i n g services and industry studies and ( i v ) providing f i n a n c i a l advice to State and l o c a l governments, such as with respect to real estate p o r t f o l i o investment advice; Mellon Financial Services Corporation #2 w i l l derive business from, and s o l i c i t business throughout the United States and possible c l i e n t s overseas as w e l l ) at Renaissance Center, Tower 600, Suite 990, D e t r o i t , Michigan, through i t s s u b s i d i a r y , Mellon Financial Services Corporation #2 (4/28/83) 2 / Richmond South Carolina National Corporation, Columbia, South C a ro l i n a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n providing consumer finance a c t i v i t i e s i n c l u d i n g the extension of d i r e c t loans to consumers, the discount of r e t a i l and i n s t a l l m e n t notes or cont r a c t s , s e r v i c i n g loans and other extensions of c r e d i t for the account of o t h e r s , and a c t i n g as agent f o r sale of l i f e , accident and h e a l t h , and property and casualty insurance d i r e c t l y r e l a t e d to i t s extensions of c r e d i t ; property and casualty insurance w i l l be o f f e r e d pursuant to the grandfather provision i n s e c t i o n 601 (D) ( i ) of the Garn-St. Germain Depository I n s t i t u t i o n s Act) at U. S. Highway 52 and 176, Goose Creek, South C a r o l i n a , s e r v i c i n g t h e town of Goose Creek and the surrounding area, through i t s s u b s i d i a r y , Provident Financial Corporation (4/28/83) 3/ Chicago Marshall & I l s l e y Corporation, Milwaukee, Wisconsin, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( o r i g i n a t i n g , a c q u i r i n g , s e l l i n g and s e r v i c i n g r e s i d e n t i a l and commercial mortgage loans, f o r i t s own account or for the account of o t h e r s , as well as making c o n s t r u c t i o n and development mortgage loans and performing such other i n c i d e n t a l a c t i v i t i e s necessary t o conduct mortgage banking a c t i v i t i e s ) at 770 North Water S t r e e t , Milwaukee, Wisconsin, the geographic area to be served i s nationwide, through i t s s u b s i d i a r y , M&I Mortgage Company, Inc. (4/24/83) _3/ ~Tj 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, !983No. 17 - 1 2 - ACTIONS OF THE BOARD - Continued Kansas City United Banks of Colorado, I n c . , Denver, Colorado, n o t i f i c a t i o n of i n t e n t to e s t a b l i s h a de novo o f f i c e engaging i n de novo a c t i v i t i e s "(making or a c q u i r i n g for i t s own account, loans or other extensions of c r e d i t , such as would be made or acquired by a finance company; s e r v i c i n g loans and other extensions of c r e d i t and o f f e r i n g c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d health and accident insurance; such a c t i v i t i e s w i l l i n c l u d e , but not be l i m i t e d t o , making consumer i n s t a l l m e n t loans, purchasing i n s t a l l ment sales finance c o n t r a c t s , making loans and other extensions of c r e d i t secured by r e a l property) i n the v i c i n i t y o f the i n t e r s e c t i o n of 28th Avenue and Youngfield S t r e e t , Golden, Colorado, serving central J e f f e r s o n County, Colorado including contiguous portions of the c i t i e s of Wheatridge, Lakewood, and Golden, Colorado, through i t s s u b s i d i a r y , United Financial Centers, Inc. (4/25/83) 2 / Dallas Commercial Bancshares, I n c . , Houston, Texas, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making or a c q u i r i n g loans and other extensions of c r e d i t such as would be made by a commercial f i n a n c i a l company, i n c l u d i n g commercial loans secured by a borrower's equipment, i n v e n t o r y , accounts r e c e i v a b l e , or other assets; s e r v i c i n g such loans f o r o t h e r s ; and making leases of personal property i n accordance with the Board's Regulation Y) these a c t i v i t i e s would be performed i n the State of Texas (4/29/83) 2 / San Francisco F i r s t I n t e r s t a t e Bancorp, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (mortgage company a c t i v i t i e s to the extent of ( i ) making or a c q u i r i n g real estate or c o n s t r u c t i o n loans f o r i t s own account or f o r the account of o t h e r s ; ( i i ) s e l l i n g or s e r v i c i n g real estate or c o n s t r u c t i o n loans f o r i t s own account or for the account of o t h e r s ; ( i i i ) conducting such r e l a t e d a c t i v i t i e s as are i n c i d e n t a l t o the mortgage banking business and ( i v ) a c t i n g as insurance agent or broker w i t h respect to (a) c r e d i t l i f e and c r e d i t accident and health insurance and (b) mortgage d i s a b i l i t y and mortgage redemption insurance d i r e c t l y r e l a t e d to extensions of c r e d i t o r the p r o v i s i o n of other f i n a n c i a l services by F i r s t I n t e r s t a t e Bancorp or i t s s u b s i d i a r i e s ) at 3000 South College Avenue, Fort C o l l i n s , Colorado, servi ng Colorado, through i t s s u b s i d i a r y , F i r s t I n t e r s t a t e Real Estate Services Company (4/28/83) 2 / 37 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 13 ACTIONS OF THE BOARD - Continued To Issue E l i g i b l e Acceptances up to 200 Percent of Paid-in Capital and Surplus Boston T7 Approved F i r s t National Bank of Boston, Boston, Massachusetts, f o r approval to accept d r a f t s or b i l l s of exchange up t o 200 percent of i t s paid-up and unimpaired c a p i t a l stock and s u r p l u s . A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 17 - 14 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant To Section 9 of the Federal Reserve Act Richmond Bank of the Commonwealth, N o r f o l k , V i r g i n i a . To e s t a b l i s h a branch a t 453 South Lynnhaven Road, V i r g i n i a Beach, V i r g i n i a . 2/ New York Central Trust Company, Rochester, New York. To e s t a b l i s h 29 o f f s i t e e l e c t r o n i c f a c i l i t i e s i n New York State. ?J * * * * * Applications and N o t i f i c a t i o n s for I n t e r n a t i o n a l Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) and 4(c)(13) of the Bank Holding Company Act of 1 956, as amended New York Citibank Overseas Investment Corporation, Wilmington, Delaware: p r i o r notice of i n t e n t to e s t a b l i s h a de novo c r e d i t card company, Diners Club Mexico, 37A., Mexico C i t y , Mexico. New York Skandi navi ska Enskilda Banken, Stockholm, Sweden: m o d i f i c a t i o n of c e r t a i n agreements a f f e c t i n g the r e l a t i o n s h i p between SEB and D i l l o n Read & Co., I n c . , New York, New York. Philadelphia Philadelphia I n t e r n a t i o n a l Bank, P h i l a d e l p h i a , Pennsylvania: p r i o r n o t i f i c a t i o n of i t s i n t e n t t o invest a d d i t i o n a l capi tal i n i t s wholly-owned subs i d i a r y , Philadelphia I n t e r n a t i o n a l Finance Co.Hong Kong, L i m i t e d . San Francisco BankAmerica I n t e r n a t i o n a l Financial Corporation, San Francisco, C a l i f o r n i a : request a Board detemi nation t h a t the Financial Group of Kuwait be considered a j o i n t venture instead of a subsidiary. Y] ~~ A p p l i c a t i o n subject to Community Reinvestment Act, The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1983 No. 17 -15APPLICATIONS RECEIVED - Continued San Francisco Crocker National Bank , San Francisco, C a l i f o r n i a : requests permission for Applicant to increase i t s acceptance l i m i t from 150 percent to 200 percent of c a p i t a l . San Francisco F i r s t I n t e r s t a t e Bancorp, Los Angeles, C a l i f o r n i a : p r i o r n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h an export t r a d i n g company, F i r s t I n t e r s t a t e Trading Company. * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 New York Gi rod Trust Company (Geneve) S . A . , Geneva, Switzerland, for approval to acquire at least 80 percent of the voting shares of Gi rod Trust Company, Old San Juan, Puerto Rico. 2/ Philadelphia Miners National Bancorp, I n c . , P o t t s v i l i e , Pennsylvania, for approval to acquire 100 percent of the v o t i n g shares of The Miners National Bank of P o t t s v i l i e , P o t t s v i l i e , Pennsylvania. 2J Philadelphia Number One Bancorp, I n c . , Scranton, Pennsy i varn a. f o r approval to acquire 100 percent of the v o t i n g shares of F i r s t State Bank, Hawley, Pennsylvania. I j Cleveland S & T Bancorp, Inc. , Indiana, Pennsylvania, for approval to acquire 100 percent of the voting shares of The Savings & Trust Company of Pennsylvania, Indiana, Pennsylvania. 2/ Richmond Potomac Bancorp, I n c . , Keyser, West V i r g i n i a , f o r approval to acquire 100 percent of the v o t i n g shares of the successor by merger to The National Bank of Keyser, Keyser, West V i r g i n i a . - 2 / Atlanta Pickens County Bancs hares, I n c . , Reform, Alabama, f o r approval to acquire at least 80 percent of the voting shares of Bank of Reform, Reform, Alabama. 2/ 2J A p p l i c a t i o n subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1983 No. 17 16 - APPLICATIONS RECEIVED - Continued St. Louis Glasgow Bancs hares Corporation, Glasgow, Kentucky, f o r approval to acquire at least 84 percent of the voting shares of New Farmers National Bank of Glasgow, Glasgow, Kentucky. 2] St. Louis Paris Bancshares, I n c . , P ari s, M i s s o u r i , f o r approval t o acquire at least 80 percent of the v o t i n g shares of The Paris National Bank, P ari s, Missouri. lj S t . Louis Peoples F i r s t Corporation, Paducah, Kentucky, f o r approval to acquire 100 percent of the voting shares of The Peoples F i r s t National Bank & Trust Company of Paducah, Paducah, Kentucky. lj Kansas City The Home State B u i l d i n g , I n c . , Lewis, Kansas, for approval to acquire at l e a s t 80 percent of the voting shares of Home State Bank, Lewis, Kansas. 2/ Kansas City Plymouth Investment Company, Plymouth, Nebraska, f o r approval to acquire 100 percent of the v o t i n g shares of Farmers State Bank, Plymouth, Nebraska. lj Kansas C i t y Valley Center Bancshares, I n c . , Valley Center, Kansas, f o r approval t o acquire at l e a s t 80 percent of the v o t i n g shares of Arkansas Valley State Bank, Valley Center, Kansas. l j Dallas Dawson Bancshares, I n c . , Dawson, Texas, for approval t o acquire at l e a s t 80 percent of the voting shares of F i r s t Bank & Trust Company, Dawson, Texas. 2/ Dallas F i r s t P e r r y t o n Bancorp, I n c . , Perryton, Texas, f o r approval t o acquire at least 80 percent of t h e v o t i n g shares of The F i r s t National Bank of Perryton, Perryton, Texas, l j Dallas Metropolitan Bancshares, I n c . , Farmers Branch, Texas, f o r approval t o acquire 100 percent of the voting shares of Metropolitan National Bank, Farmers Branch, Texas and M e t r o p o l i t a n National Bank-Richardson, Richardson, Texas. 2/ * T/ ™~ * * * * A p p l i c a t i o n subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment p e r i o d . I H.2, 1983 No. 17 - 17 APPLICATIONS RECEIVED - Continued To Expand a Bank Holding Company Pursuant to Section 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956 Chicago Peoples National Corporation, I n c . , Columbus Junction, Iowa, f o r approval to acquire at least 92.68 percent of the voting shares of Community National Bank of Muscatine, Muscatine, Iowa. ZJ St. Louis F i r s t Missouri Banks, I n c . , Manchester, Missouri, f o r approval to acquire 100 percent of t h e v o t i n g shares of F i r s t Missouri Bank of St. Peters, National A s s o c i a t i o n , S t . Peters, M i s s o u r i , a proposed new bank. 2/ Minneapoli s F i r s t Mabel BanCorporation, I n c . , Mabel, Minnesota, f o r approval to acquire at least 84.1 percent of the voting shares of The F i r s t National Bank of Crosby, Crosby, Minnesota. 2/ Dal las Broadway Bancshares I n c . , San Antonio, Texas, f o r approval t o acquire 100 percent of t h e v o t i n g shares of Eisenhower National Bank, San Antonio, Texas. 2/ Dal las F i r s t C i t y Bancorporation of Texas, I n c . , Houston, Texas, f o r approval to acquire 100 percent of the voting shares of F i r s t C i t y Bank-Forum, N.A., San Antonio, Texas, a proposed new bank. 2] Dal las Southern Bancshares, I n c . , Bremond, Texas, for approval to acquire at l e a s t 80 percent of the voting shares of Moulton State Bank, Moulton, Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o Section 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 Boston Tj Old Stone Corporation, Providence, Rhode I s l a n d , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (the u n d e r w r i t i n g , through reinsurance, of c r e d i t l i f e and c r e d i t accident and h e a l t h insurance d i r e c t l y r e l a t e d to extensions of c r e d i t ) i n J a c k s o n v i l l e , F l o r i d a , the service area f o r t h i s a c t i v i t y would be the State of Arizona, through i t s i n d i r e c t s u b s i d i a r y , The Motor L i f e Insurance Company (4/27/83) A p p l i c a t i o n subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contacted as to the length of the comment period. H.2, 1983No. 17 -18APFLICATIONS RECEIVED - Continued Boston Old Stone Corporation, Providence, Rhode Island, n o t i f i cation of i n t e n t to engage i n de novo a c t i v i t i e s (the o r i g i n a t i o n , sale and s e r v i c i n g of f i r s t and second mortgage loans; and to engage through i t s subs i d i a r y , American Standard Insurance Agency, i n the sale of c r e d i t l i f e and c r e d i t accident and health insurance, which insurance would be reinsured by an a f f i l i a t e , The Motor L i f e Insurance Agency, J a c k s o n v i l l e , F l o r i d a , these a c t i v i t i e s would be conducted i n the State of Arizona) at 2929 East Camel back Road, Phoenix, Arizona, through i t s s u b s i d i a r y , UniMortgage Corporation of Arizona (4/27/83) Boston Old Stone Corporation, Providence, Rhode Island, n o t i f i cation of i n t e n t to engage i n de novo a c t i v i t i e s (the o r i g i n a t i o n , sale and s e r v i c i n g of f i r s t and second mortgage loans; and t o engage through i t s s u b s i d i a r y , American Standard Insurance Agency, i n the sale of c r e d i t l i f e and c r e d i t accident and health insurance, which insurance would be reinsured by an a f f i l i a t e , The Motor L i f e Insurance Agency, J a c k s o n v i l l e , F l o r i d a , and i n the sale of casualty insurance on property mortgaged i n connection with extensions of c r e d i t by UniMortgage Corporation of CA through American Standard Insurance Agency; the sale of casualty insurance i n connection with the extensions of c r e d i t by UniMortgage Corporation of CA i s grandfathered under section 601(D) of the Garn-St. Germain Depository I n s t i t u t i o n s Act and was approved on July 6, 1981) at 3576 A r l i n g t o n Avenue, Riverside and 18801 Ventura Boulevard, Tarzana, both i n C a l i f o r n i a , through i t s subs i d i a r y , UniMortgage Corporation of CA (4/25/83) Boston RIHT Financial Corporation (formerly Hospital Trust Corp o r a t i o n ) , Providence, Rhode I s l a n d , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (the o r i g i n a t i o n , sale and s e r v i c i n g of r e s i d e n t i a l and commercial mortgage loans) at Lincoln Garden, 2901 West Busch Boulevard, Suite 705, Tampa, Florida and Corporate Center Two, Suite 100, 4456 Corporation Lane, Vi rgi nia Beach, V i r g i n i a , the service area for the mortgage banking a c t i v i t i e s would include western Florida and V i r g i n i a ; the servicing a c t i v i t y would be offered on a nationwide b a s i s , through i t s subs i d i a r y , RIHT Mortgage Corporation (4/27/83) H.2, 1983 No. 17 19 APPLICATIONS RECEIVED - Continued New York Barclays Bank PLC and Barclays Bank I n t e r n a t i o n a l L i m i t e d , both located i n London, England, request permission to relocate an o f f i c e engagi ng i n the f o l l o w i n g a c t i v i t i e s (the operation of a c o n s u m e r finance business and the sale as agent of related c r e d i t l i f e , c r e d i t accident and health and c r e d i t property insurance, i n c l u d i n g (A) d i r e c t i n s t a l l m e n t loans to i n d i v i d u a l s and the purchase of r e t a i l i n stallment notes [sales f i n a n c e ] , such as loans made to i n d i v i d u a l s f o r personal, f a m i l y or household purposes, i n c l u d i n g loans secured by real estate and the purchase on a discounted basis of contracts and related s e c u r i t y agreements a r i s i n g p r i n c i p a l l y from the sale by dealers of t i t l e d goods [ i n c l u d i n g automobiles, mobile homes, t r a v e l t r a i l e r s and campers, and boat and marine equipment] and household goods [ i n c l u d i n g f u r n i t u r e , t e l e v i s i o n sets and appliances] and r e l a t e d wholesale f i n a n c i n g c o n s i s t i n g of f i n a n c i n g dealers 1 i n v e n t o r i e s of automobiles, mobile homes and other c h a t t e l s , and (B) at the e l e c t i o n of the borrowers from 8AC and i t s respective consumer finance s u b s i d i a r i e s , sale of c r e d i t - r e l a t e d insurance, i n c l u d i n g decreasing term c r e d i t l i f e insurance, c r e d i t accident and health insurance, and c r e d i t property insurance designed t o protect the borrower's personal property [ e . g . , household goods] which serves as c o l l a t e r a l for loans from BAC and i t s s u b s i d i a r i e s ) from 109 N. Church S t r e e t , Mulberry, F l o r i d a to Suite 408, 2901 West Busch Boulevard, Tampa, F l o r i d a , through t h e i r consumer finance s u b s i d i a r i e s , BarclaysAmerican/Financial, I n c . , BarclaysAmerican/Mortgage, I n c . and BarclaysAmerican/Financial Services, Inc. (4/27/83) New York The Chase Manhattan Corporation, New York, New York, requests permission to e s t a b l i s h a de novo o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s (makfng or a c q u i r i n g , for i t s own account or for the account of o t h e r s , loans and other extensions of c r e d i t secured by ^eal estate i n c l u d i n g , but not l i m i t e d t o , f i r s t and second mortgage loans secured by o n e - t o - f o u r family r e s i d e n t i a l p r o p e r t i e s , s e r v i c i n g loans and other extensions of c r e d i t for any person, t o o f f e r mortgage term l i fe insurance, accident and health insurance and d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o the proposed lending and s e r v i c i n g a c t i v i t i e s ) i n the v i c i n i t y of Palm Beach Lakes Boulevard and 1-95, West Palm Beach, F l o r i d a , through i t s s u b s i d i a r y , Chase Home Mortgage Corporation (4/26/83) ! H.2, 1983 N0. 17 -20APPLICATIONS RECEIVED - Continued New York Manufacturers Hanover Corporation, New York, New York, requests permission to relocate an o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s (making or acquiring loans and other extensions of c r e d i t , secured or unsecured, such as would be made or acquired by a finance company under Connecticut law; and o f f e r i n g c r e d i t - r e l a t e d l i f e insurance and c r e d i t accident and h e a l t h insurance) from 600 N. Colony S t r e e t , W a l l i n g f o r d , Connecticut to 5 Main S t r e e t , West H a r t f o r d , Connecticut, through i t s s u b s i d i a r y , Manufacturers Hanover Financial Services, I n c . (4/29/83) Cleveland Mellon National Corporation, P i t t s b u r g h , Pennsylvania, f o r approval t o acquire 100 percent of the v o t i n g shares of Globe I n d u s t r i a l Bank, Boulder, Colorado, and Centaur I n d u s t r i a l Bank, L a f a y e t t e , Colorado. Richmond V i r g i n i a National Bank shares Incorporated, N o r f o l k , V i r g i n i a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (making, a c q u i r i n g , and s e r v i c i n g f o r i t s own account or f o r the account of o t h e r s , loans secured p r i n c i p a l l y by second mortgages on real property and acting as agent i n the sale of r e a l p r o p e r t y , and c r e d i t l i f e insurance and c r e d i t accident and health insurance i n connection with such loans) at 100 South Pine Island Road, P l a n t a t i o n , F l o r i d a , through i t s s u b s i d i a r y , VNB Equity Corporation (4/27/83) Atlanta United Bank Corporation, B a r n e s v i l l e , Georgia, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n mortgage banking a c t i v i t i e s , i ncTudi ng the extension of d i r e c t loans to consumers and commercial borrowers secured by mortgages and the resale of mortgages to government agencies and other i n v e s t o r s ; and i n the commercial leasing of personal property i n accordance w i t h the Board's Regulation Y; the s e r v i c i n g of loans, both commercial and consumer, f o r subsidiary banks and others; the providing of computer services t o s u b s i d i a r i e s and others as allowed by a p p l i c a b l e r e g u l a t i o n s ) a t 320 Thomaston S t r e e t , B a r n e s v i l l e , Georgia, s e r v i c i n g Crawford, Lamar, Pike and Spalding Counties, Georgia (4/19/83) Chicago WHITEWATER BANCORP., INC., Whitewater, Wisconsin, for approval t o engage de novo i n the sale of general insurance a c t i v i t i e s i n a community with a population greater than 5,000 by a bank holding company w i t h t o t a l assets of $50 m i l l i o n or l e s s . H.2, 1983 No. 17 -21 APPLICATIONS RECEIVED - Continued Mi nneapo 1 i s Northwest Bancorporation, Minneapolis, Minnesota, (to be known as Norwest Corporation beginning May 1, 1983), f o r approval t o engage de novo i n equity f i n a n c i n g a c t i v i t i e s through i t s nonbank subsidiary Banco Mortgage Company (to be known as Norwest Mortgage, Inc.). Kansas City American Commerce Bancshares, I n c . , Oklahoma C i t y , Oklahoma, n o t i f i c a t i o n of i n t e n t to engage d i r e c t l y i n making r e s i d e n t i a l mortgage loans f o r sale i n t o the secondary real e s t a t e market; these a c t i v i t i e s would be performed i n Oklahoma C i t y , Oklahoma serving Oklahoma County, Cleveland County and Canadian County i n the s t a t e of Oklahoma (4/26/83) Kansas City The Home State B u i l d i n g , I n c . , Lewis, Kansas, for approval to engage in general insurance agency a c t i v i t i e s i n a community of less than 5,000 population. Kansas C i t y Omaha National Corporation, Omaha, Nebraska, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n mortgage lending a c t i v i t i e s ; i n c l u d i n g the extension of r e s i d e n t i a l mortgage loans and the performance of local c o l l e c t i o n and i n s p e c t i o n a c t i v i t i e s related t h e r e t o ) these a c t i v i t i e s w i l l be conducted i n the states of Missouri and Kansas, through i t s s u b s i d i a r y , Real banc, I n c . (4/25/83) Dal las Mercantile Texas Corporation, D a l l a s , Texas, for approval to engage, through i t s s u b s i d i a r y , Financial Protection Insurance Company of Texas, i n the underwriting of insurance a c t i v i t i e s i n Texas. San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , f o r approval to expand i t s i n d i r e c t s u b s i d i a r y , Security P a c i f i c Mortgage Services, I n c . , to include engaging de novo i n the a c t i v i t i e s of a futures commission merchant of executing and c l e a r i n g for the purchase and sale of futures contracts on f i n a n c i a l instruments and options thereon, as well as a c t i n g as a broker/ dealer to buy and s e l l d i r e c t l y and engage i n purchase and sale of options on f u t u r e s c o n t r a c t s , f u t u r e s cont r a c t s and options di r e c t l y on U.S. government guaranteed s e c u r i t i e s for t h e i r own account and others. San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n the o r i g i n a t i o n and a c q u i s i t i o n of mortgage loans, i n c l u d i n g development and c o n s t r u c t i o n loans on m u l t i family and commercial p r o p e r t i e s f o r Security P a c i f i c Mortgage Corporation's own account or for sale to H.2, 1983 No. 17 22 APPLICATIONS RECEIVED - Continued o t h e r s ; and the servicing of such loans f o r others) at 350 East 500 South, Salt Lake C i t y , Utah, through i t s s u b s i d i a r y , Security P a c i f i c Mortgage Corporation (4/30/83) San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n the o r i g i n a t i o n and a c q u i s i t i o n o f mortgage loans, i n c l u d i n g development and c o n s t r u c t i o n loans on m u l t i - f a m i l y and commercial p r o p e r t i e s f o r Security P a c i f i c Mo tgage Corporation's own account or for sale t o o t h e r s ; and the s e r v i c i n g of such loans f o r others) at 2851 South Parker Road, Suite 970, Aurora, Colorado, serving the State of Colorado, through i t s s u b s i d i a r y , Security P a c i f i c Mortgage Corporation (4/30/83) San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n the o r i g i n a t i o n and a c q u i s i t i o n of mortgage loans, i n c l u d i n g development and construction loans on m u l t i f a m i l y and commercial p r o p e r t i e s f o r Security Pacific Mortgage Corporation's own account or for sale to o t h e r s ; and the s e r v i c i n g of such loans f o r others) a t 6475 Wadsworth Boulevard, Suite 102, Arvada, Colorado, serving t h e State of Colorado, through i t s s u b s i d i a r y , Security P a c i f i c Mortgage Corporation (4/28/83) San Franci sco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( i n the o r i g i n a t i o n and a c q u i s i t i o n of mortgage loans, i n c l u d i n g development and construction loans on m u l t i family and commercial p r o p e r t i e s f o r Security P a c i f i c Mortgage Corporation's own account or for sale t o o t h e r s ; and the s e r v i c i n g of such loans f o r others) at 10880 W i l s h i r e Boulevard, Los Angeles, C a l i f o r n i a , s e r v i c i n g the State of C a l i f o r n i a , through i t s s u b s i d i a r y , Security P a c i f i c Mortgage Corporation (4/28/83) San Francisco The Toronto-Dominion Bank, Toronto, O n t a r i o , Canada, Toronto-Dominion Holdings ( U . S . A . ) , I n c . , A t l a n t a , Georgia, n o t i f i c a t i o n of i n t e n t to expand the geographic area and to continue t o engage i n the f o l l o w i n g a c t i v i t i e s ( i n s o l i c i t i n g , making or acquiring loans and other extensions of c r e d i t , i n c l u d i n g permitted leasing [personal property and real p r o p e r t y ] t r a n s a c t i o n s , f o r i t s own account as well as i n s o l i c i t i n g and s e r v i c i n g c r e d i t f o r The Toronto-Dominion Bank's agencies, branches and lending s u b s i d i a r y companies, i n c l u d i n g H.2, 1983 No. 17 -23APPLICATIONS RECEIVED - Continued marketing c r e d i t and other services o f f e r e d by, a s s i s t i n g i n the n e g o t i a t i o n of the term of transactions w i t h , and s e r v i c i n g and monitoring extensions of c r e d i t and r e l a t i o n s h i p s entered i n t o by the e n t i t i e s described above i n accordance w i t h the Board's Regulation Y) at One Barclay Plaza, Suite 440, 1675 Larimer S t r e e t , Denver, Colorado, serving the United States, through t h e i r s u b s i d i a r y , Toronto-Dominion (Colorado), Inc. (4/22/83) San Franci sco Wells Fargo & Company, San Francisco, C a l i f o r n i a , n o t i f i cation of i n t e n t to engage i n de novo a c t i v i t i e s (making or acquiring loans and other extensions of c r e d i t , i n c l u d i n g consumer i n s t a l l m e n t loans o r i g i n a t e d by others and commercial loans secured by a borrower's or guarantor's assets; s e r v i c i n g loans for the account of others; making f u l l pay-out leases of personal p r o p e r t y ; and acting as agent for c r e d i t l i f e or accident and health insurance r e l a t e d to i t s extensions of c r e d i t i n accordance w i t h the Board's Regulation Y and T i t l e VI of the Garn-St. Germain Depository I n s t i t u t i o n s Act of 1982) i n Houston, Texas, serving Texas, Arkansas, Louisiana, New Mexico, and Oklahoma, through i t s s u b s i d i a r y , Wells Fargo Credit Corporation (4/27/83) San Francisco Woodburn Bancorp, Woodburn, Oregon, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (leasing real and personal p r o p e r t i e s and s e r v i c i n g such leases in accordance with the Federal Reserve Board's Regulation Y) at 110 S. P a c i f i c Highway, Woodburn, Oregon, serving Woodburn and the surrounding rural area, through i t s s u b s i d i a r y , Woodburn Bancorp Leasing, I n c . (4/22/83) REPORTS RECEIVED Current Report F i l e d Pursuant t o Section 13 of the S e c u r i t i e s Exchange Act Bank of the Commonwealth Norfolk, Virginia (Month of A p r i l ) PETITIONS FOR RULEMAKING None.
@FedFRASER