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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1985 No. 33
Actions of the Board
Applications and Reports Received
During the Week Ending August 17, 1985
APPLICABLE
RESERVE BANK

ACTIONS OF THE BOARD
Federal Reserve Board issued an interpretation that
a bank holding company may not relocate a
subsidiary bank from one state to another without
prior approval under the Bank Holding Company Act
and compliance with the requirements of the
Douglas Amendment to the Act, which limits the
interstate expansion of holding companies.

Boston

Bank of Boston Corporation, Boston, Massachusetts —
extension of time to November 19, 1985, within
which to acquire RIHT Financial Corporation,
Providence, Rhode Island. 1/

Cleveland

The Century National Bank and Trust Company,
Rochester, Pennsylvania, proposed acquisition of
the Moon Township Office of Equibank, Latrobe,
Pennsylvania — report to the Comptroller of the
Currency on competitive factors. 1/

Cleveland

The Century National Bank and Trust Company,
Rochester, Pennsylvania, proposed merger with The
National Bank of Beaver County, Monaca,
Pennsylvania, and The First National Bank of
Midland, Midland, Pennsylvania, under the charter
and title of The Century National Bank and Trust
Company — report to the Comptroller of the
Currency on competitive factors. 1/

Richmond

Bancshares 2000, Inc., McLean, Virginia — extension
of time to November 5, 1985, within which to
become a bank holding company through the
acquisition of Bank 2000, N.A., McLean, Virginia,
a proposed new bank. 1/

Application processed on behalf of the Board of Governors under
delegated authority.




H. 2, 1985 No. 33

2
ACTIONS OF THE BOARD - Continued

Richmond

First Union National Bank, Charlotte, North
Carolina, proposed merger with Northwestern BanK,
North Wilkesboro, North Carolina, under the
charter and title of the former — report to the
Comptroller of the Currency on competitive
factors. 1/

Richmond

Guyan Bancshares, Inc., Gilbert, West Virginia —
extension of time to December 5, 1985, within
which to acquire American National Bank, Logan
West Virginia. 1/

Richmond

Hagerstown Trust Company, Hagerstown, Maryland,
proposed acquisition of three branches of Maryland
National Bank, Baltimore, Maryland — report to
the Federal Deposit Insurance on competitive
factors. 1/

Atlanta

The Nashville Holding Company, Nashville, Georgia —
extension of time to September 8, 1985, within
which to become a bank holding company through the
acquisition of The Citizens Bank, Nashville,
Georgia. 1/

Chicago

The American National Bank of Noblesville,
Noblesville, Indiana, proposed merger with The
National Bank of Noblesville — report to the
Comptroller of the Currency on competitive
factors. 1/

Chicago

The First National Bank of Geneva, Geneva, Illinois,
proposed merger with FNB Geneva, National
Association — report to the Comptroller of the
Currency on competitive factors. 1/

Chicago

Heritage Bank and Trust Company, Crest Hill,
Illinois, proposal to sell its assets, subject to
liabilities, to Joliet Federal Savings and Loan
Association, Joliet, Illinois — report to the
Federal Deposit Insurance Corporation on
competitive factors. 1/

Chicago

Keeco, Inc., Chicago, Illinois — extension of time
to November 1, 1985, within which to acquire 11.02
percent of the voting shares of Round Lake
Bankcorp, Inc., and indirectly First State Bank of
Round Lake, 1/

Chicago

Round Lake Bankcorp, Inc., Round Lake, Illinois —
extension of tine to November 1, 1985, within
which to become a bank holding company through the
acquisition of 100 percent of the voting shares of

T7

A p p l i c a t i o n p r o c e s s e d on behalf of the Board of Governors u nder
d e l e g a t e d authority.




H.2,

1985 No.

33

3

ACTIONS OF THE BOARD - Continued
the successor by merger to First State Bank of
Round L a k e . 1/
Chicago

Shelby County State Bank, Shelbyville,
investment in bank premises. 1/

St. Louis

Bank of Oldham County, LaGrange, Kentucky, proposed
merger with BOC B a n k , I n c ., LaGrange, Kentucky —
report to the Federal Deposit Insurance
Corporation on competitive factors. 1/

St. Louis

First Tennessee National Corporation, Memphis,
Tennessee — extension of time to November 16,
1985, within which to engage de novo in acting as
a futures commission merchant on major commodity
exchanges with respect to futures contracts on
bullion, foreign exchange, government securities,
certificates of deposit, and certain other money
market instruments, through its subsidiary, FTB
Futures Corporation, Memphis, Tennessee. 1/

St. Louis

Kennett National Bank, Kennett, Missouri, proposed
merger with KNB National Bank, Kennett, Missouri
— report to the Comptroller of the Currency on
competitive factors. 1/

St. Louis

Peoples Commerce Corporation, North Carrollton,
Mississippi — extension of time to November 13,
1985, within which to become a bank holding
company through the acquisition of at least 80
percent of the voting shares of Peoples Bank and
Trust Company, North Carrollton, Mississippi. 1/

Dallas

Texas Commerce Bancshares, Inc., Houston, Texas —
denial of its request for a further extension of
time to acquire and open Texas Commerce
Bank-Richardson, N.A., Richardson, Texas, a
proposed new bank. 1/

Dallas

Texas First Financial Corporation, Dallas, Texas —
extension of time to November 24, 1985, within
which to acquire Dallas International Bank. 1/

Dallas

Weslyan Bank, N.A., Houston, Texas, proposed merger
with New Weslyan Bank, Houston, Texas — report to
the Comptroller of the Currency on competitive
factors. 1/

1/

Illinois —

A p p l i c a t i o n proce s s e d on behalf of the Board of Governors under
deleg a t e d authority.




H.2, 1985 No. 33

4

ACTIONS OF THE BOARD - Continued
San Francisco

Cashmere Valley Bank, Cashmere, Washington, proposed
merger with Columbia Valley Bank, Wenatchee,
Washington, under the charter and title of the
former — report to the Federal Deposit Insurance
Corporation on competitive factors. 1/

San Francisco

Fallon National Bank of Nevada, Fallon, Nevada,
proposed purchase of the Austin Branch of Nevada
National Bank, Reno, Nevada — report to the
Comptroller of the Currency on competitive
factors. 1/

San Francisco

Moore Financial Group, Boise, Utah — extension of
time to August 5, 1985, within which to divest
certain properties held by Moore Financial of
Utah. 1/

San Francisco

Rainier National Bank, Seattle, Washington, proposed
merger with Suburban State Bank, Silverdale,
Washington, under the charter and title of the
former — report to the Comptroller of the
Currency on competitive factors. 1/

San Francisco

U. S. Bancorp, Portland, Oregon — extension of time
for one year from various dates within which to
divest certain properties acquired between July 1,
1983, and September 30, 1983, by its subsidiaries.
1/

San Francisco

Zions First National Bank, Salt Lake City, Utah,
proposed merger with Tracy-Collins Bank and Trust
Company, Salt Lake City, Utah, under the charter
and title of the former — report to the
Comptroller of the Currency on competitive
factors. 1/

1/

Appl i c a t i o n processed on behalf of the Board of Governors under
delegated authority.




H.2,

1985 No.

33

5

ACTIONS OF THE BOARD - Continued
To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Approved

Richmond

New Martinsville Bank, New Martinsville, West
Virginia. 1/

Richmond

Shawsville Interim Bank, Inc., Shawsville, Virginia.

1/
* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Approved
Richmond

Bank of Virginia, Richmond, Virginia — to establish
a branch at 2011 Crystal Park Drive, Arlington,
Virginia. 1/

Atlanta

Bayshore Bank of Florida, Miami, Florida — to
establish a branch located at 12005 Southwest 26
Street, Miami, Florida. 1/

Chicago

First Interstate Bank of Wisconsin, Sheboygan,
Wisconsin — to establish an offsite electronic
facility at SuperAmerica, 610 West Walnut Street,
Green Bay, Wisconsin. 1/

Chicago

First Interstate Bank of Wisconsin, Sheboygan,
Wisconsin, — to establish an offsite electronic
facility at SuperAmerica, 1300 Military Avenue
,
Green Bay, Wisconsin. 1/
* * * * *
To Merge Pursuant to Section 1 8 (c) of the
Federal Deposit Insurance Act
Approved

Richmond

1/

The Buffalo Bank, Eleanor, West Virginia — to merge
with First Community Bank - Winfield, Winfield,
West Virginia. 1/

A p p l i c a t i o n p r o c essed on beha l f of the Board of Governors under
delegated authority.




H.2,

1985 No.

6

33

ACTIONS OF THE BOARD - Continued
Richmond

Shawsville Interim Bank, Inc., Shawsville, Virginia,
to merge with Bank of Shawsville, Shawsville,
Virginia. 1/
*

*

*

*

*

Issued Intent Not to Disapprove Change of Control
Pursuant to Change in Bank Control Act of 1978
Not Disapproved

Chicago

B.O.Y. Bancorp, Inc., Yorkville, Illinois.

1/

Kansas

Community Bancshares of Tulsa, Inc., Tulsa,
Oklahoma. 1/

Dallas

First Canyon Bancshares,

San Francisco

Mr. Colburn Thomasons' Notice of Change in Control
involving his increase in investment of Fresno
Bancorp, Fresno, California. 1/

San Francisco

Mr. Larry Shehadey's Notice of Change in Control
involving his increase in investment of Fresno
Bancorp, Fresno, California. 1/

Inc., Canyon, Texas.

1/

* * * * *
Applications and Notifications for International
Investments and Other Action Pursuant to Sections 25 and 25(a)
of the Federal Reserve Act and Sections 4 ( c ) (9), 4 ( c ) (13), and
4 ( c ) (14) of the Bank Holding Company Act of 1956, as amended
Boston

New York

1/

Approved
The First National Bank of Boston, Boston,
Massachusetts — notification of intent to make an
additional investment through Boston Overseas
Financial Corporation, Boston, Massachusetts, in
Edge's wholly-owned subsidiary, Boston Financial
Limited, Melbourne, Victoria, Australia.

Chemical International Finance, Ltd., New York, New
York — grants consent to make an additional
investment, directly or indirectly, in Chemical
Australia International Limited, Melbourne,
Australia.

Appl i c a t i o n processed on behalf of the Board of Governors u nder
delegated authority.




H.2,

1985 No.

33

7

ACTIONS OF THE BOARD - Continued
* * * * *

To Form a Bank Holding Company Pursuant to Section
3 ( a ) (1) of the Bank Holding Company Act of 1956

Chicago

Dallas

Chicago

Returned
IUC Holding, Inc., Columbus, Indiana — for approval
to acquire 100 percent of the voting shares of
Midwest National Bank, Indianapolis, Indiana.

Sun Belt Bancshares Corporation, Conroe, Texas —
for approval to acquire at least 51 percent of the
voting shares of National Bank of Conroe, Conroe,
Texas.

Approved
Horizon Bancorp Employee Stock Ownership Plan,
Michigan City, Indiana — for approval to acquire
30.95 percent of the voting shares of Horizon
Bancorp, Michigan City, Indiana and indirectly
acquire The First Merchants National Bank of
Michigan City, Michigan City, Indiana. 1/

St. Louis

Crockett County Bancshares, Inc., Bells, Tennessee
— for approval to acquire 100 percent of the
voting shares of Bells Banking Company, Bells,
Tennessee.

St. Louis

Security Bancorp of Tennessee, Inc., Halls,
Tennessee — for approval to acquire 100 percent
of the voting shares of the successor by merger to
Gates Banking and Trust Company, Gates, Tennessee;
Bank of Halls, Halls, Tennessee; Security State
Bank, Newbern, Tennessee. 1/

Dallas

Carlsbad Bancorporation, Inc., Carlsbad, New Mexico
— for approval to acquire 100 percent of the
voting shares of The Carlsbad National Bank,
Carlsbad, New Mexico.

Dallas

Coble Bankshares, Inc., Waco, Texas — for approval
to acquire 100 percent of the voting shares of
First Consolidated Bank-Hewitt, Hewitt, Texas. 1/

Dallas

The Equitable Company of Texas, Dallas, Texas — for
approval to acquire 24.9 percent of the nonvoting,
Series A, preferred stock, and common stock
warrants of United Bank, N.A.. Midland, Texas.

1/

A p p l i c a t i o n p r o c e s s e d on b e half of the Board of Governors under
deleg ated authority.




H.2,

1985 No.

33

8
A C TIONS O F T H E BOA R D - Con t i n u e d

Dallas

Laredo Bankcorp, Inc., Zapata, Texas — for approval
to acquire 100 percent of the voting shares of
Falcon National Bank, Laredo, Texas, a proposed
new bank. 1/

Dallas

SW Financial Group, Inc., Fort Worth, Texas — for
approval to acquire 100 percent of the voting
shares of Park West State Bank, Fort Worth, Texas,
a proposed new bank.

Dallas

Weslayan Bancshares, Inc., Texas — for approval to
acquire 100 percent of the voting shares of
Weslayan Bank, N . A . , Houston, Texas. 1/

San Francisco

Southern Arizona Bancorp, Yuma, Arizona — for
approval to acquire 100 percent of the voting
shares of Southern Arizona Bank of Yuma, Yuma,
Arizona. 1/

* * * * *

To Expand a Bank Holding Company Pursuant to Section
3 ( a ) (3) of the Bank Holding Company Act of 1956

New York

Boston

Chicago

Richmond

17

Withdrawn
United Counties Bancorporation, Cranford, New Jersey
— for approval to acquire up to 22.00 percent of
Franklin Bancorp, Somerset, New Jersey.
Returned
Green Mountain Financial Services Corporation,
Wilmington, Delaware — for approval to acquire an
additional 20.83 percent of the voting shares of
The Green Mountain Bank, Winhall Township,
Vermont. 1/
Irwin Union Corporation, Columbus, Indiana — for
approval to acquire 100 percent of the voting
shares of IUC Holding, Inc., Columbus, Indiana and
indirectly Midwest National Bank, Indianapolis,
Indiana.

Approved
One Valley Bancorp of West Virginia, Inc.,
Charleston, West Virginia — for approval to
acquire 100 percent of the voting shares of Seneca

Appl i c a t i o n proce s s e d on behalf of the Board of Gover n o r s under
delegated authority.




H.2,

1985 No.

33

9

ACTIONS OF THE BOARD - Continued
Bancshares, Inc., Fairlea, West Virginia, and
indirectly acquire Seneca National Bank, Fairlea,
West Virginia. 1/
Atlanta

First Commercial Bancshares, Inc., Jasper, Alabama
— for approval to acquire 100 percent of the
voting shares of First Commercial Bank,
Birmingham, Alabama.

Chicago

First Interstate Corporation of Wisconsin,
Sheboygan, Wisconsin — for approval to acquire at
least 86 percent of the voting shares of The
American National Bank and Trust Co. of Eau
Claire, Eau Claire, Wisconsin. 1/

St. Louis

Central Arkansas Bancshares, Inc., Malvern,
Arkansas — for approval to acquire 100 percent of
the voting shares of First Financial Bancshares,
Inc., Arkadelphia, Arkansas, and indirectly
Merchants & Planters Bank & Trust C o . ,
Arkadelphia, Arkansas. 1/

St. Louis

National Commerce Bancorporation, Memphis, Tennessee
— for approval to acquire 100 percent of the
voting shares of Knoxville Bank & Trust,
Knoxville, Tennessee and Nashville Bank of
Commerce, Nashville, Tennessee, both proposed new
banks. 1/

Minneapolis

Hunter Holding Company, Hunter, North Dakota — for
approval to acquire 100 percent of the voting
shares of First State Bank of Hope, Hope, North
Dakota. 1/

Kansas City

Commerce Bancshares, Inc., Kansas City, Missouri —
for approval to acquire 100 percent of the voting
shares of Commerce Bank of Omaha, National
Association, Omaha, Nebraska, a proposed new
bank. 1/

Dallas

MCorp, Dallas, Texas, and MCorp Financial
Inc., Wilmington, Delaware — for approval to
acquire additional preferred shares and warrants
equal to 24.9 percent of the voting shares and 4.9
percent of the common shares of United Bank, N.A.,
Midland, Texas.

1/

A p p l i c a t i o n proce s s e d on b e half of the Board of Governors under
d e l e gated authority.




H.2,

1985 No.

33

10
A C T I O N S O F THE BOARD - Con t i n u e d

Dallas

Zapata Bancshares, Inc., Zapata, Texas — for
approval to acquire Laredo Bankcorp, Inc., Zapata,
Texas, thereby indirectly acquiring Falcon
National Bank, Laredo, Texas, a proposed new bank
and First National Bank of Mercedes, Mercedes,
Texas. 1/

* * * * *
To Expand a Bank Holding Company Pursuant to Section
4 ( c ) (8) of the Bank Holding Company Act of 1956

Chicago

Minneapolis

1/

Approved
Gibson Investment Company, Gibson, Iowa — for
approval to engage de novo in making commercial
and real estate loans and to retain the commercial
loan activity already conducted. 1/

First Bank System, Inc., Minneapolis, Minnesota —
to indirectly acquire certain assets of Rust
Insurance Agency, Inc., Fargo, North Dakota, a
general insurance agency. 1/

A p p l i c a t i o n proce s s e d on behalf of the Board of Governors u nder
deleg a t e d authority.




H.2, 1985 No.

33

11
A C T I O N S OF T H E B O A R D - C o n t i n u e d

Atlanta

Permitted
Louisiana Bancshares, Inc., Baton Rouge, Louisiana
— to engage de novo (making, acquiring, and/or
servicing loans for itself or for others of the
type made by a mortgage company; consumer finance
company; commercial finance company, selling
credit life, disability, or involuntary
unemployment insurance) throughout the United
States, through Louisiana National Mortgage
Company, St. Tammany, Louisiana. (8/15/85) 3/

Redemption of Shares

Chicago

1/
3/

Approved
B.O.Y. Bancorp, Inc., Yorkville, Illinois.

1/

Application processed on behalf of the Board of Governors under
delegated authority.
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 authority.




H.2, 1985 No. 33

- 12 -

APPLICATION RECEIVED
To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Philadelphia

Freedom Valley Bank, West Chester, Pennsylvania —
to establish two branch offices, one to be located
in Media, Pennsylvania, and the other in West
Chester, Pennsylvania. 2/

Richmond

Central Fidelity Bank, Richmond, Virginia — to
establish a branch at Route 4, Troutville,
Virginia. 2/

Atlanta

Sun Bank of Tampa Bay, Tampa, Florida — to
establish a branch located at 2742 East Fowler
Avenue, Tampa, Florida. 2/

Dallas

Central Bank, Monroe, Louisiana — to establish a
branch at 4700 Millhaven Road, Monroe, Louisiana.
21

San Francisco

Cuyamaca Bank, Santee, California — for a branch
office in vicinity of 7955 University Avenue, La
Mesa, California. 2/

San Francisco

First Interstate Bank of California, Los Angeles,
California — application for a branch office in
the vicinity of 3406 American River Drive,
Sacramento, California. 2/
* * * * *

To Merge Pursuant to Section 1 8 (c)
of the Federal Deposit Insurance Act
Cleveland

Society Bank of Northwest Ohio, Port Clinton, Ohio
— to merge with Society National Bank of
Northwest Ohio, Fostoria, Ohio. 2/

Cleveland

The Toledo Trust Company, Toledo, Ohio — to merge
with Society National Bank of Northwest Ohio,
Fostoria, Ohio. 2/

Cleveland

Trustcorp Company, Columbus, Ohio — to merge with
Society National Bank of Mid-Ohio, Bucyrus,
Ohio. 2/
* * * * *

2/ A p p l i c a t i o n subject to Commu n i t y Reinvestment Act.
The
Commu n i t y Affairs O f ficer of the applicable Reserve Bank
m a y be contacted as to the length of the comment period.




H.2,

1985 No.

33

13
A P P L I C A T I O N S R E C E I V E D - Con t i n u e d

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Philadelphia

Freedom Valley Bank, West Chester, Pennsylvania.

Cleveland

Society Bank of Northwest Ohio, Port Clinton,
Ohio. 2/

Kansas City

United Bank of Westminster, Westminster,
Colorado. 2/

Dallas

Commerce Bank of Plano, Plano, Texas. 2/

2/

* * * * *

Applications and Notifications for International
Investments and Other Actions Pursuant to Sections 25 and 2 5 (a)
of the Federal Reserve Act and Sections 4 ( c ) (9), 4 ( c ) (13), and
4 ( c ) (14) of the Bank Holding Company Act of 1956, as amended
New York

Chase Manhattan Capital Markets International,
Newark, Delaware — prior notification of its
intent to make an additional investment in Chase
Manhattan Capital Markets Corporation of Puerto
Rico, San Juan, Puerto Rico.

New York

Merrill Lynch International Bank, New York, New York
— requests the,Board's after-the-fact consent to
engage in activity of trading for its own account
options, futures contracts, and options on futures
contracts in foreign exchange.
* * * * *

To Form a Bank Holding Company Pursuant to Section
3 ( a ) (1) of the Bank Holding Company Act of 1956
Boston

Bank of Middlebury Corporation, Middlebury, Vermont
— for approval to acquire 100 percent of the
voting shares of The National Bank of Middlebury,
Middlebury, Vermont. 2/

The
2/ Application subject to Community Reinvestment Act.
Community A f fairs O fficer of the applicable Reserve Bank
m a y be contacted as to the length of the comment period.



H.2,

1985 No.

33

14

APPLICATIONS RECEIVED - Continued
Boston

New Bedford Community Bancorp, New Bedford,
Massachusetts — for approval to acquire at least
62.8 percent of the voting shares of Luzo Bank and
Trust Company, New Bedford, Massachusetts. 2/

Chicago

Elkhorn Bankshares Corporation, Elkhorn, Wisconsin
— for approval to acquire 80 percent of the
voting shares of State Bank of Elkhorn, Elkhorn,
Wisconsin. 2/

Chicago

First Geneva Banqueshares, Inc., Geneva, Illinois
— for approval to acquire at least 66.66 percent
of the voting shares of The First National Bank of
Geneva, Geneva, Illinois. 2/

Chicago

HCB Financial C o r p . , Hastings, Michigan — for
approval to acquire 100 percent of the voting
shares of The Hastings City Bank, Hastings,
Michigan. 2/

Chicago

Kennett Bancshares, Inc., Kennett, Missouri — for
approval to acquire 100 percent of the voting
shares of Kennett National Bank, Kennett,
Missouri. 2/

Chicago

Windsor Bancshares, Inc., Windsor, Illinois — for
approval to acquire 100 percent of the voting
shares of Windsor State Bank, Windsor,
Illinois. 2/

Minneapolis

Slayton Bancshares, Inc., Slayton, Minnesota — for
approval to acquire 80.58 percent of the voting
shares of Peoples State Bank of Slayton, Slayton,
Minnesota. 2/

Kansas City

Bellcorp., Inc., Manhattan, Kansas — for approval
to acquire at least 80 percent of the voting
shares of Citizens State Bancorp, Inc., Manhattan,
Kansas and indirectly Citizens Bank and Trust
C o m pany, Manhattan. 2/

Kansas City

Evans Financial Corporation, Eureka, Kansas — for
approval to acquire at least 80 percent of the
voting shares of Toronto Financial Corporation,
Wichita, Kansas and indirectly First National Bank
of Toronto, Toronto, Kansas, and at least 80
percent of the voting shares of Moline Financial
Corporation, Wichita, Kansas and indirectly
Exchange State Bank, Moline, Kansas. 2/

2/ A p p l i c a t i o n subject to Commu n i t y R e i nvestment Act.
The
Community Affairs O fficer of the applicable Reserve Bank
may be contacted as to the length of the comment period.



H.2,

1985 No.

33

15
A P P L I C A T I O N S REC E I V E D - C o n t i n u e d

Kansas City

L J T , Inc., Holdrege, Nebraska — for approval to
acquire 34.79 percent of the voting shares of
First Holdrege Banc Shares, Inc., Holdrege,
Nebraska and indirectly The First National Bank of
Holdrege, Holdrege, Nebraska. 2/

Dallas

SW Financial Group, Inc., Fort Worth, Texas — for
approval to acquire 100 percent of the voting
shares of Park West State Bank, Fort Worth, Texas,
a proposed new bank. 2/

San Francisco

Liberty Bay Financial Corporation, Poulsbo,
Washington — for approval to acquire 100 percent
of the voting shares of North Sound Bank, Poulsbo,
Washington (formerly Bank of Poulsbo). 2/

* * * * *
To Expand a Bank Holding Company Pursuant to Section
3 ( a ) (3) of the Bank Holding Company Act of 1956
Boston

Amoskeag Bank Shares, Inc., Manchester, New
Hampshire — for approval to acquire 100 percent
of the voting shares of Portsmouth Savings Bank,
Portsmouth, New Hampshire. 2/

New York

Commercial Bancshares, Inc., Jersey City, New Jersey
— for approval to acquire 100 percent of the
voting'shares of Edgewater National Bank,
Englewood Cliffs, New Jersey. 2/

Cleveland

Ohio Bancorp, Youngstown, Ohio — for approval to
acquire 100 percent of the voting shares of The
Minerva Banking Company, Minerva, Ohio. 2/

Cleveland

Toledo Trustcorp, Inc., Toledo, Ohio — for approval
to acquire 99 percent of the voting shares of
Society National Bank of Mid-Ohio, Bucyrus,
Ohio. 2/

Cleveland

Toledo Trustcorp, Inc., Toledo, Ohio — for approval
to acquire 100 percent of the voting shares of
Society National Bank of Northwest Ohio, Fostoria,
Ohio. 2/

Richmond

Bank of Virginia Company, Richmond, Virginia — for
approval to acquire 100 percent of the voting
shares of Union Trust Bancorp, Baltimore,

2/ A p p l i c a t i o n subject to Commu n i t y Reinvestment Act.
The
Community Affairs Officer of the applicable Reserve Bank
m a y be contacted as to the length of the comment period.



H.2,

1985 No. 33

16

APPLICATIONS RECEIVED - Continued
Maryland, and indirectly Union Trust Company of
Maryland, Baltimore, Maryland. 2/
Atlanta

The First Bankers Corp. of Florida, Pompano Beach,
Florida — for approval to acquire 90 percent of
the voting shares of The Island Bank, Holmes
Beach, Florida. 2/

Chicago

American Fletcher Corporation, Indianapolis, Indiana
— for approval to acquire 100 percent of the
voting shares of Union Bank and Trust Company,
Franklin, Indiana. 2/

Minneapolis

Signal Hills Associates, Inc., West St. Paul,
Minnesota — for approval to acquire 100 percent
of the voting shares of State Bank of Hampton,
Hampton, Minnesota. 2/

Kansas City

Commercial Landmark Corporation, Muskogee, Oklahoma
— for approval to acquire at least 89.1 percent
of the voting shares of Sequoyah State Bank of
Muldrow, Muldrow, Oklahoma. 2/

Kansas City

Firstbank Holding Company and Firstbank Holding
Company of Colorado, both of Lakewood, Colorado —
for approval to acquire 100 percent of the voting
shares of Firstbank at 88th/Wadsworth, N.A.,
Westminster, Colorado, a proposed new bank, and
Firstbank of Cherry Creek, N.A., Denver,
Colorado. 2/

Dallas

First Anderson Bancshares, Inc., Anderson, Texas —
for approval to acquire 100 percent of the voting
shares of First State Bank, Cypress, Texas and
First State Bank of Magnolia, Magnolia, Texas. 2/
* * * * *

2/ A p p l i c a t i o n subject to Community Reinvestment Act.
The
Commu n i t y Affairs Officer of the applicable Reserve Bank
m a y be contacted as to the length of the comment period.



H.2,

1985 No.

33

17
APPLICATIONS RECEIVED - Continued

To Expand a Bank Holding Company Pursuant to Section
4 ( c ) (8) of the Bank Holding Company Ac t of 1956
Cleveland

PNC Financial C o r p . , Pittsburgh, Pennsylvania — to
engage de novo (engaging in the activities of a
trust company of a fiduciary, agency, or custodial
nature) through its subsidiary, PNC Trust Company
of N e w York, N e w York, N e w York. (8/13/85)

Richmond

Bank of Virginia Company, Richmond, Virginia —
for
approval to acquire Landmark Financial Services,
Inc., Silver Spring, Maryland.

Atlanta

First Citizens Bankshares, Inc., Glennville, Georgia
— to engage de novo (making, acquiring, and/or
servicing loans for itself or for others of the
type made by a consumer finance company) through
its subsidiary, Sunbelt Finance Company, Inc.,
Glennville, Georgia. (8/13/85)

Minneapolis

FirstBank System, Inc., Minneapolis, Minnesota — to
engage de novo (engaging in insurance agency
activities in a town of less than 5,000) by the
transfer of 40 insurance agencies owned by
subsidiary banks located in Minnesota, North
Dakota and South Dakota, to First System Agencies,
Inc. (8/14/85)




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REPORTS RECEIVED

None.

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PETITIONS FOR RULEMAKING

None.