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ANNOUNCEMENT BY BOARD Of GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1983 No. 33) Actions of the Board; Applications and Reports Received During the Week Ending August 20, 1983 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Philadelphia F i r s t Colonial Group, I n c . , Nazareth, Pennsylvania, extension of time to December 7, 1983, within which to consummate the formation of the bank holding company through the acquisition of 100 percent of the voting shares of Nazareth National Bank and Trust Company. 1/ Richmond Citizens National Bank, S t . Albans, West Virginia, proposed acquisition of a s s e t s and assumption of deposit l i a b i l i t i e s of Citizens National Bank, S t . Albans, West Virginia; report to Comptroller of the Currency on competitive f a c t o r s . ]_/ Chicago Isabella Bank and Trust, Mt. Pleasant, Michigan, to make an investment in bank premises. J / Chicago Corn Belt Bank, Bloomington, I l l i n o i s , application for prior approval to merge with Midwest Bank of Bloomington, Bloomington, I l l i n o i s , under the charter and t i t l e of Corn Belt Bank; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J / Chicago NBB, i n c . , Chicago, I l l i n o i s , extension of time to November 19, 1983, within which to become a bank holding company through the acquisition of 75 percent or more of the voting shares of National Boulevard Bank of Chicago, Chicago, I l l i n o i s . _]_/ Chicago P i l o t Bancorp., Inc., P i l o t Grove, Iowa, extension of time to November 25, 1983, within which t o become a bank holding company through the acquisition of 80 percent or more of the voting shares of P i l o t Grove Savings Bank, P i l o t Grove, Iowa. 1/ T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 1983 No. 33 - 2 ACTIONS OF THE BOARD-Continued S t . Louis State Bancorp, I n c . , Washington, Indiana, extension of time to November 25, 1983, within which to become a bank holding company through the acquisition of the successor by merger to the State Bank of Washington, Washington, Indiana. V S t . Louis First National Bank of Sparta, Sparta, I l l i n o i s , proposed merger with FBS National Bank, Sparta, I l l i n o i s ; report to the Comptroller of the Currency on competitive f a c t o r s . 1/ S t . Louis Liberty Savings Bank, Mayfield, Kentucky, proposal to merge with LSB Bank, I n c . , Mayfield, Kentucky; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . V f t . Louis National Bank of Commerce of Jackson, Jackson, Tennessee, proposal to merge with the First National Bank of Gibson County, Humboldt, Tennessee; report to the Comptroller of the Currency on competitive f a c t o r s . V Dallas Texas Bank and Trust Company, Sweetwater, Texas, proposed merger with New Texas Bank and Trust Company, Sweetwater, Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J / Dallas Helotes State Bank, Helotes, Texas, proposed merger with New Bank of Helotes, Helotes, Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J / Dallas Broadway Bancshares, Inc., San Antonio, Texas, extension of time to December 28, 1983, within which to consummate the acquisition of Eisenhower National Bank, Fort Sam Houston, Texas. J / Dallas First State Bancshares of Yoakum, Inc., Yoakum, Texas, extension of time to October 27, 1983, within which to consummate the acquisition of First State Bank, Yoakum, Texas. 1/ T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 1983 No. 33 - 3 ACTIONS OF THE BOARP-Continued Dallas Frontier Bancorp, Vista, California, extension of time to November 5, 1983, within which to acquire 100 percent of the voting shares of Frontier Finance Company, Vista, C a l i f o r n i a . V San Francisco First Interstate Bank of California, Los Angeles, California, extension of time to February 14, 1984, within which to e s t a b l i s h a branch o f f i c e approximately 150 f e e t south of the southwest corner of the i n t e r s e c t i o n of Orange and Doran S t r e e t s , 61endale, California. 1/ 17 Application processed on behalf of the Board of Governors under delegated authority. H.?, 1983 No. 33 - 4 ACTIONS OF THE BOARD-Continued To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Philadelphia Approved The Bank of New Jersey, Moorestown, New Jersey. To e s t a b l i s h an o f f - s i t e e l e c t r o n i c f a c i l i t y at Benigo Boulevard, Bellmawr, New Jersey. J / CI eveland The Toledo Trust Company, Toledo, Ohio. To establ i s h a branch o f f i c e at 418 South Main S t r e e t , Findlay, Ohio. J / Cleveland The Oollar Savings and Trust Company, Youngstown, Ohio. To e s t a b l i s h a customer bank communicat i o n s terminal branch at the General Motors Assembly Division Lordstown Plant, 2300 HalleyYoung Road, S.W., Lordstown, Ohio. ]_/ San Francisco Valley Bank of Nevada, Las Vegas, Nevada. To e s t a b l i s h a branch o f f i c e in the v i c i n i t y of 55 Highway 50, S t a t e ! i n e , Douglas County, Nevada. V * * * * * Issued Intent Not to Disapprove Change of Control Pursuant t o Change in Bank Control Act of 1978 Kansas City Not Disapproved The Merchants Bank, Kansas City, Missouri. V Kansas City First State Management Corporation, I n c . , Salina, Kansas. J / Kansas City TaImage Investment, I n c . , Talmage, Kansas. V T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 10P3 No. 33 - 5 ACTIONS OF THE ROARP-Continued Applications and N o t i f i c a t i o n s tor I n t e r n a t i o n a l Investments and Other Actions Pursuant to Sections ?6 and 25(a) of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) and 4 ( c ) ( 1 4 ) of the Bank Holding Company Act of 1956, as amended New York roved Bankers International Corporation, New York, New York: grants consent to continue t o hold i t s investment in United Bank for Africa L t d . , Lagos, Nigeria, a f t e r United Rank e s t a b l i s h e s a federally licensed branch in New York City. New York Citibank Overseas Investment Corporation, Wilmington, Delaware: grants consent t o continue to hold the shares of Diners Club Argentina Sociedad Anonima Comercial y de Turismo, Buenos Aires, Argentina, notwithstanding that Diners Argentina continues to provide travel agency s e r v i c e s . New York U.S. Trust Corporation, New York, New York: g r a n t s consent t o make an indirect investment in SaudiU.S. Trust Company Limited, Nassau, Bahamas. To Form a Bank Holding Company Pursuant to Section 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956 Atlanta T7 Approved Capital City Bank firoup, I n c . , Tallahassee, Florida, for approval t o acquire 100 percent of the voting shares of Capital City First National Bank of Tallahassee, Capital City Second National Bank of Tallahassee, Industrial National Bank, City National Bank, a l l in Tallahassee, Florida; Havana State Bank, Havana, Florida and First National Bank of J e f f e r s o n County, Monticello, Florida. JJ Application processed on behalf of the Board of Governors under delegated authority. I H..', a:Tains '.f THL BOARO-Continued Atlarta age f i r s t Forest Corporation, Forest, M i s s i s s i p p i , for to acquire a t l e a s t 80 percent of the vciiry shores of Bank of Forest, Forest, Mississippi. J / Banc of Reynolds, Reynolds, Indiana, for approval to acquire 100 percent of the voting shares of Banic of Reynolds, Reynolds, Indiana. J / fMcago IS8 Financial Corp., Iowa City, Iowa, for approval to acquire 100 percent of the voting shares of the successor by merger to Iowa State Bank and Trust Co., Iowa City, Iowa. 2 / Chicago Security Chicago Corp., Chicago, I l l i n o i s , for approval to acquire 100 percent of the voting shares of the successor by merger to First Security Bank of Chicago, Chicago, I l l i n o i s . J_/ Chicago Wauwatosa Bancorp, Inc., Wauwatosa, Wisconsin, for approval to acquire at l e a s t 80 percent of the voting shares of Wauwatosa State Bank, Wauwatosa, Wisconsin. V St. Louis Clarendon Holding Co., Clarendon, Arkansas, for approval to acquire at l e a s t 80 percent of the voting shares of The Merchants & Planters Bank, Clarendon, Arkansas. 1/ Kansas City MetroBancshares, I n c . , Oklahoma City, Oklahoma, for approval to acquire at least 80 percent of the voting shares of MetroBank, National Association, Oklahoma City, Oklahoma. V Kansas City NkC Bancshares, Inc., North Kansas City, Missouri, for approval to acquire 98.36 percent of the voting shares of North Kansas City State Bank, North Kansas City, Missouri. 1/ T7 Application processed on behalf of the Board of fiovernors under dp!fgate" (lutf'Ority. H.2, 1983 No. 33 - 7 ACTIONS OF THE BOARD-Continued To Expand a Bank Holding Company Pursuant to Section 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956 Richmond Kansas City Approved Credit and Commerce American Holdings, N.V., Willemstad, Netherlands A n t i l l e s ; Credit and Commerce American Investment, B.V., Amsterdam, The Netherlands; F i r s t American Corporation, Washington, D.C.; and F i r s t American Bankshares, I n c . , Washington, D.C., f o r approval to acquire an additional 63.6310 percent of the common stock of Valley F i d e l i t y Bank and Trust Company, Knoxville, Tennessee. Colorado Springs Banking Corporation, Colorado Springs, Colorado, f o r approval t o acquire at l e a s t 80 percent of the voting shares of C i t i z e n s National Bank, Colorado Springs, Colorado. 1/ To Expand a Bank Holding Company Pursuant t o Section 3 ( a ) ( 5 ) of t h e Bank Holding Company Act of 1956 Cleveland Dallas T7 Approved Mellon National Corporation, P i t t s b u r g h , Penns y l v a n i a , f o r approval t o merge with CCB Bancorp, I n c . , S t a t e College, Pennsylvania and i n d i r e c t l y acquire 100 percent of the voting shares of Central Counties Bank, S t a t e College, Pennsylvania. Mercantile Texas Corporation, D a l l a s , Texas, f o r approval t o acquire 100 percent of t h e voting shares of F i r s t - W i c h i t a Bancshares, I n c . , Wichita F a l l s , Texas and i n d i r e c t l y acquire F i r s t - W i c h i t a National Bank of Wichita F a l l s and Southwest National Bank of Wichita F a l l s , both of Wichita F a l l s , Texas. Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . I H.?, 1983 No. 33 ACTIONS OF THE BOARD-Continued To Expand a Bank Holding Company Pursuant to Section 4 ( c ) ( 8 ) of t h e Rank Holding Company Act of 1956 Kansas City New York S t . Louis Withdrawn F i r s t S t a t e Management Corporation, I n c . , S a l i n a , Kansas, f o r approval to r e t a i n 100 percent of F i r s t Place Finance Company, S a l i n a , Kansas, a company engaged in consumer lending and the s a l e of c r e d i t r e l a t e d i n s u r a c e . Approved Marine Midland Banks, I n c . , B u f f a l o , New York; The Hongkong and Shanghai Banking Corporation, Hong Kong; K e l l e t t , N.V., Curacao, Netherlands A n t i l l e s ; and HSBC Holdings, B.V., Amsterdam, The Netherlands, f o r approval to engage de novo, through t h e i r subs i d i a r y , Marine Midland Realty Credit Corporation, B u f f a l o , New York in t h e a c t i v i t y of arranging equity f i n a n c i n g f o r income-producing real properties. Clarendon Holding Co., Clarendon, Arkansas, f o r approval to engage de novo in real e s t a t e a p p r a i s i n g . 1/ New York New York T7 3/ Permitted C i t i c o r p , New York, New York, r e q u e s t s permission to expand the a c t i v i t i e s t o include the following a c t i v i t i e s ( c r e d i t card a c t i v i t i e s , including the issuance of t h e c r e d i t card to customers and t h e s e r v i c i n g f o r i t s own account of t h e c r e d i t card accounts r e c e i v a b l e ; t h e s o l i c i t i n g of merchants t o p a r t i c i p a t e in t h e c r e d i t card program so t h a t merchants will accept the c r e d i t card from customers) a t 14109 E. Exposition, Aurora, Colorado, throught i t s s u b s i d i a r y , C i t i c o r p Person-to-Person Aurora I n d u s t r i a l Bank (8/14/83) 3/ C i t i c o r p , 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 in the following a c t i v i t i e s (TFe making or acquiring of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured, f o r consumer and other purposes; the s a l e of c r e d i t r e l a t e d l i f e and accident and health insurance by Application processed on behalf of t h e Board of Governors under delegated a u t h o r i t y . 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. 33 - 9 ACTIONS OF THE BOARD-Continued licensed agents or b r o k e r s , as r e q u i r e d ; t h e 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 and f o r the account of o t h e r s , of extensions of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l real e s t a t e ; and the s a l e of mortgage l i f e and mortgage 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 e x t e n s i o n s of mortgage loans) a t Oyster Point Executive S u i t e s Building, 739 Thimble Shoals Boulevard, Newport News, V i r g i n i a , through i t s s u b s i d i a r i e s , C i t i c o r p Homeowners, I n c . and C i t i c o r p Person-to-Person Financial Center, I n c . (Delaware) (8/6/83) 3/ New York C i t i c o r p , 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 in the following a c t i v i t i e s ( m a k i n g o r a c q u i r 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 other extensions of c r e d i t , secured or unsecured, t o i n d i v i d u a l s and businesses i n c l u d i n g , but not limited t o , consumer l e n d i n g , r e s i d e n t i a l and n o n - r e s i d e n t i a l real e s t a t e l e n d i n g , commercial lending, s a l e s f i n a n c e , inventory f i n a n c i n g , mobile and manufactured home l e n d i n g , and f a c t o r i n g ; l e a s i n g personal or real property or a c t i n g as a g e n t , broker or advisor in l e a s i n g such property and s e r v i c i n g such l e a s e s , s u b j e c t t o a l l of t h e q u a l i f i c a t i o n s s p e c i f i c in 12 C.F.R. 2 2 5 . 4 ( a ) ( 6 ) ( a ) and ( b ) , where t h e l e a s e s s e r v e as t h e functional e q u i v a l e n t of an extension of c r e d i t to the l e s s e e of t h e p r o p e r t y ; s e r v i c i n g loans and other extensions of c r e d i t f o r any person; and t h e s a l e of c r e d i t - r e l a t e d l i f e and accident and h e a l t h insurance by licensed agents or b r o k e r s , as r e q u i r e d , and the s a l e of mortgage l i f e and mortgage 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 t h e e x t e n s i o n s of mortgage loans) at Broad S t r e e t and A t l a n t i c Avenue, Stamford, Connecticut, through i t s s u b s i d i a r y , C i t i c o r p (USA), I n c . (8/5/83) 1/ New York European American Bancorp, New York, New York, r e q u e s t s permission t o r e t a i n an o f f i c e of i t s s u b s i d i a r y , Do man & Wilson, I n c . , engaged in the following a c t i v i t i e s (mortgage banking, loan s e r v i c i n g and real e s t a t e a p p r a i s i n g a c t i v i t i e s ) at 1281 Main S t r e e t , Stamford, Connecticut (8/6/83) 3/ 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 authority. ¥ . ? , 19F3 No. 33 — 10 " ACTIONS OF THE BOARO-Continued Cleveland Mellon National Corporation, Pittsburgh, Pennsylvania, n o t i f i c a t i o n of intent to engage in oe novo a c t i v i t i e s (the making, acquiring and servicing of loans and other extensions of c r e d i t , e i t h e r secured or unsecured, for i t s own account or for the account of others including, but not limited t o , loans and other extensions of credit secured by mortgages or deeds of t r u s t on real property; commercial lending including accounts receivable and inventory financing; leasing personal or real property, or acting as agent, broker or advisor in leasing such property and servicing such l e a s e s , subject to all the q u a l i f i c a t i o n s s p e c i f i c in Section 225.4(a)(6) of Regulation Y; and acting as agent for the s a l e of related credit l i f e , credit accident and health insurance in connection with extensions of credit by any of applicant's s u b s i d i a r i e s ) at 6520 Powers Ferry Road, Suite POO, Atlanta, Georgia, through i t s subsidiary, Mellon Financial Services Corporation (8/19/83) 3/ M . Louis First Arkansas Bancshares, Inc., Jacksonville, Arkansas, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (in acting as agent for the underwriter of credit l i f e insurance and credit accident and health insurance d i r e c t l y related to extensions of credit by F i r s t Jacksonville Bank) through i t s subsidiary, F i r s t Jacksonville Corporation (8/15/83) 3/ Minneapolis Dakota Bankshares, Inc., Fargo, North Dakota, for approval t o e s t a b l i s h a branch o f f i c e of Dakota Financial Services, Inc., Fargo, North Dakota, in Mi not, North Dakota (8/17/83) 3/ San Francisco Orient Bancorporation, San Francisco, California, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (making or acquiring and servicing mortgage loans for i t s own account and for the account of others) at 233 Sansome S t r e e t , San Francisco, California, serving the State of C a l i f o r n i a , through i t s subs i d i a r y , Orient Mortgage Corporation (8/16/83) 3/ 17 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,?„ 19A3 fio. 33 - 11 ACTIONS OF THE BOARO-Continued San Francisco Orient i n c o r p o r a t i o n , San Francisco, California, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s , ( i n giving investment or financial advice, including p o r t f o l i o Investment advice and advice to mortgage or real e s t a t e Investment t r u s t s ) at 233 Sansome S t r e e t , San Francisco, California, serving the State of California ( 8 / 1 6 / 8 3 ) 3 / San Francisco Security Pacific Corporation, Los Angeles, California, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s ( i n making or acquiring, "For i t s own account or for the account of o t h e r s , a s s e t based business loans and other commercial or indust r i a l loans and extensions of c r e d i t , such as would be made by a f a c t o r i n g , rediscount or commercial finance company and engaging generally in the factoring business) in Irvine, California, serving the United S t a t e s , through i t s subsidiary, Security P a c i f i c Business Credit Inc. (8/20/83) 3/ 17 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 authority. H.2, 1983 No. 33 - 1 2 - APPLICATIONS RECEIVED To E s t a b l i s h a Domestic Branch Pursuant t o Section 9 of t h e Federal Reserve Act New York Central Trust Company, Rochester, New York. To e s t a b l i s h ten 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 in nine New York S t a t e communities. 2/ Richmond Farmers and Miners Bank of Lee County, Pennington Gap, V i r g i n i a . To e s t a b l i s h a branch near the i n t e r s e c t i o n of Route 694 and U.S. Highway #58, Lee County, V i r g i n i a . 2J Richmond Virginia Bank and Trust Company, Danville, V i r g i n i a . To e s t a b l i s h a branch at North Main S t r e e t and Seminole Drive, D a n v i l l e , V i r g i n i a . 2/ Richmond Union Trust Company of Maryland, Baltimore, Maryland, To e s t a b l i s h branches a t 5040 S i n c l a i r Lane, Baltimore, Maryland and at t h e i n t e r s e c t i o n of Hooks Lane and Reistertown Road, Baltimore County, Maryland. 2/ * * * * * To Become a Member of the Federal Reserve System Pursuant t o Section 9 of the Federal Reserve Act Richmond Community Bank & Trust Company of V i r g i n i a , S t e r l i n g , V i r g i n i a . 2/ Minneapolis Valley Bank of Ronan, Ronan, Montana. 2J Yj Application s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be contacted as t o the length of t h e comment p e r i o d . H.2, 1983 No. 33 - 13 APPLICATIONS RECEIVED-Continued 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 to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) and 4 ( c ) ( 1 4 ) of t h e Bank Holding Company Act of 1956, as amended New York Citibank Overseas Investment Corporation, Wilmington, Delaware: 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 cont i n u e to h o l d , e i t h e r d i r e c t l y or i n d i r e c t l y , a l l t h e c a p i t a l stock of Citibank Canada, Toronto, Ontario, Canada a f t e r Citibank Canada makes an a d d i t i o n a l investment in i t s wholly owned subs i d i a r y , Citibank Canada Mortgage Corporation, Toronto, O n t a r i o , Canada. Atlanta F i r s t Atlanta Corporation, A t l a n t a , Georgia: 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 i n c r e a s e i t s i n v e s t ment in i t s i n t e r n a t i o n a l f i n a n c e s u b s i d i a r y , F i r s t Atlanta I n t e r n a t i o n a l Finance, N.V., Curacao, Netherlands A n t i l l e s . * * * * * To Form a Bank Holding Company Pursuant t o Section 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956 Cleveland Farmers National Bancorp of Cynthiana, I n c . , Cynthiana, Kentucky, f o r approval t o acquire a t l e a s t 84 percent of t h e voting shares of The Farmers National Bank of Cynthiana, Cynthiana, Kentucky. 2/ Cleveland United Bancorp, I n c . , Martins F e r r y , Ohio, f o r approval t o a c q u i r e 100 percent of t h e voting shares of The C i t i z e n s Savings Bank, Martins F e r r y , Ohio. 2/ Atlanta 27 Community Banking Corporation, Bradenton, F l o r i d a , f o r approval t o acquire at l e a s t 80 percent of t h e voting shares of Community Bank of Manatee, Bradenton, F l o r i d a . 2/ Application s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be contacted as t o the length of t h e comment p e r i o d . H.2, 1983 No. 33 -14APPLICATIONS RECEIVED-Continued At]anta F i r s t City Bancorp, I n c . , G a i n e s v i l l e , F l o r i d a , f o r approval t o acquire at l e a s t 80 percent of t h e voting shares of F i r s t City Bank of G a i n e s v i l l e , G a i n e s v i l l e , F l o r i d a . 2] Atlanta Florida Central Banks, I n c . , Chipley, F l o r i d a , f o r approval t o acquire 97.0 percent of t h e voting shares of Bank of Washington County, Chipley, F l o r i d a . 2/ Atlanta Florida Community Banks, I n c . , Bonifay, F l o r i d a , f o r approval t o acquire 97.8 percent of the voting shares of F i r s t Bank of Holmes County, Bonifay, F l o r i d a . 2/ Atlanta F N BanCorp, I n c . , Tullahoma, Tennessee, f o r approval t o acquire 100 percent of t h e voting shares of F i r s t American National Bank, Tullahoma, Tennessee. 2/ Chicago Logansport Bancorp, I n c . , Logansport, Indiana, f o r approval t o acquire 100 percent of t h e voting shares of The Farmers & Merchants S t a t e Bank, Logansport, Indiana. 2j Chicago Wainwright Financial Corporation, N o b l e s v i l l e , Indiana, f o r approval t o acquire 100 percent of t h e voting shares ( l e s s d i r e c t o r s 1 q u a l i f y i n g shares) of t h e successor by merger t o Wainwright Bank and Trust Company, N o b l e s v i l l e , Indiana. 2/ S t . Louis F i r s t I l l i n o i s Bancorp, I n c . , Manchester, Missouri, f o r approval t o acquire a t l e a s t 80 percent of t h e voting s h a r e s of F i r s t National Bank in C h e s t e r , C h e s t e r , I l l i n o i s . 2j S t . Louis North Missouri Bancorp., I n c . , LaBelle, Missouri, f o r approval t o acquire at l e a s t 80 percent of t h e voting shares of The C i t i z e n s Bank of Edina, Edina, Mi s s o u r i . 2J Minneapolis Kittson Investment Company, Grygla, Minnesota, for approval t o a c q u i r e 99.2 percent of the voting shares of American S t a t e Bank of Grygla, Grygla, Minnesota. 2/ 2? Application s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be contacted as t o the length of t h e comment p e r i o d . H.2, 1983 No. 33 -15APPLiCATIONS RECEIVED-Continued Kansas City American Exchange Bancorp, I n c . , Norman, Oklahoma, f o r approval t o acquire a t l e a s t 80 percent of the voting s h a r e s of American Exchange Bank and Trust Company, Norman, Oklahoma. 2/ Dallas Mineola Bancshares, I n c . , Mineola, Texas, for approval t o acquire 100 percent of the voting shares of Mineola S t a t e Bank, Mineola, Texas. 2/ Dallas New Mexico Bank Holding Company, Ruidoso, New Mexico, f o r approval t o acquire 100 percent of t h e voting shares of Security Bank, Ruidoso, New Mexico. 2/ Dallas Pecos County Bancshares, I n c . , Fort Stockton, Texas, f o r approval t o acquire 100 percent of t h e voting shares of The Pecos County S t a t e Bank, Fort Stockton, Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o Section 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956 Boston The Conifer/Essex Group, I n c . , Worcester, Massachusetts, f o r approval t o acquire 100 percent of t h e voting shares of Union National Bank, Lowell, Massachusetts and Falmouth Bank and Trust Company, Falmouth, Massachusetts. 2/ New York Horizon Bancorp, Morristown, New J e r s e y , f o r approval t o r e t a i n 100 percent of the voting shares of Horizon Trust Company, National A s s o c i a t i o n , Morristown, New J e r s e y . 2J Chicago Banks of Iowa, I n c . , Des Moines, Iowa, f o r approval t o a c q u i r e a t l e a s t 90 percent or more of the voting s h a r e s of Henry County Savings Bank, Mount P l e a s a n t , Iowa. ? / J7 Application s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be contacted as t o the length of t h e comment p e r i o d . H.2, 1983 No. 3? - Ifi APL1CATI0NS RECEIVED-Continued Chicago Harris Rankcorp, I n c . , Chicago, I l l i n o i s , for approval to acquire 100 percent of the voting shares ( l e s s d i r e c t o r s ' qualifying shares) of the successor by merger to Bank of Naperville, Naperville, I l l i n o i s . 2/ S t . Louis Delta Bancshares Company, S t . Louis, Missouri, for approval to acquire at l e a s t 45.25 percent of the voting shares of Eureka Rank, Eureka, Missouri. ?/ S t . Louis LaBelle Bancshares, I n c . , LaBelle, Missouri, for approval t o acquire 100 percent of the voting shares of North Missouri Bancorp, I n c . , LaBelle, Missouri and i n d i r e c t l y at l e a s t 80 percent of the voting shares of The Citizens Bank of Edina, Edina, Missouri. Zj Kansas City The American Company, Lawton, Oklahoma, for approval to acquire 100 percent of the voting shares of American National Bancorp, Inc. and in d irectly The Sheridan Bank and Trust Company, both of Lawton, Oklahoma. 2/ Kansas City American National Bancorp, Inc., Lawton, Oklahoma, f o r approval to acquire 100 percent of the voting shares of Sheridan Bancorp, Inc. and i n d i r e c t l y Sheridan Bank and Trust Company, Lawton, Oklahoma. y Kansas City First Golden Bancorporation, Golden, Colorado, for approval t o acquire 100 percent of the voting shares of First Interstate Bank of Arvada, N.A., Arvada, Colorado and First Interstate Bank of Westminster, N.A., Broomfield, Colorado, both proposed new banks. 2] Dallas Grand Bancshares, I n c . , Dallas, Texas, for approval t o acquire 100 percent of the voting shares of Grand Bank Airport Freeway at Highway 157, N.A., Bedford, Texas. ?/ 27 ~ Application 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. %.?, 1093 No. 3? -17APLICATIONS RECEIVED-Continued fr* cisco F i r s t ^^rthwest B a n c o r p o r a t i o n , S e a t t l e , Washington, f o r d p ; r o v a l t o a c q u i r e 100 p e r c e n t of t h e voting s h a r e s of Cascade S e c u r i t y Bank, Enumclaw, Washington. jV * * * * * To Expand a Bank Holding Company Pursuant to Section 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1%6 Boston F l e e t F i n a n c i a l Croup, I n c . , 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 t o engage in de novo a c t i v i t i e s ( ( i ) t h e o r i g i n a t i o n and s a l e of r e s i d e n t i a l and commercial mortgage loans and loans secured by j u n i o r Mens on r e s i d e n t i a l r e a l e s t a t e and ( i i ) t h e 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 and loans secured by j u n i o r Mens on r e s i d e n t i a l real e s t a t e ) a t 1370 Niayra F a l l s Boulevard, Tonawanda, New York* s e r v i n g E r i e , Genesee, Monroe, Niagra, Orleans and Wyoming c o u n t i e s in New York, through i t s d i r e c t s u b s i d i a r y , F l e e t Mortgage Corp. ( 8 / 1 8 / 8 3 ) Boston Old Stone C o r p o r a t i o n , Providence, Rhode I s l a n d , not i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( i n t h e u n d e r w r i t i n g of c r e d i t l i f e and c r e d i t a c c i dent and h e a i t h i n s u r a n c e w r i t t e n in connection with e x t e n s i o n s of c r e d i t by an a f f i l i a t e d bank holding company s u b s i d i a r y , UniMortgage Corporation of MN) s e r v i n g t h e S t a t e of Minnesota, 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 ( 8 / 1 8 / 8 3 ) Boston Old Stone C o r p o r a t i o n , Providence, Rhode I s l a n d , not i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( i n t h e o r i g i n a t i o n , s a l e and s e r v i c i n g of second mortgage l o a n s ; t h e s a l e of c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e which, pursuant t o c o n c u r r e n t approval s h a l l be u n d e r w r i t t e n by an a f f i l i a t e d bank holding company s u b s i d i a r y , Motor L i f e Insurance Company) a t 2950 Metro Drive, 2/ A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may hp contacted as t o the l e n g t h of the comment p e r i o d . H.2, 1983 No. 33 -18APPLICATIONS RECEIVED-Continued Bloomington, Minnesota, serving the g r e a t e r metrop o l i t a n area of t h e City of Bloomington, Minnesota and S t . Paul and Hennepin County, through i t s i n d i r e c t s u b s i d i a r i e s , UniMortgage Corporation of MN and The American Standard Insurance Agency (8/18/83) Boston Shawmut Corporation, Boston, Massachusetts, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s ( i n insurance agency a c t i v i t i e s f o r the s a l e of c r e d i t l i f e and c r e d i t accident and health insurance sold in connection with extensions of c r e d i t ) from 446 Main S t r e e t , Worcester, Massachusetts to One Federal S t r e e t , Boston, Massachusetts, a d i s t a n c e of approximately 40 m i l e s , serving the Commonwealth of Massachusetts, through i t s i n d i r e c t s u b s i d i a r y , Wornat Insurance Agency, I n c . , Worcester, Massachus e t t s (Wornat: t o be renamed Shawmut Insurance Agency, I n c . ) (8/18/83) Chicago F i r s t Chicago Corporation, Chicago, I l l i n o i s , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (in performing or c a r r y i n g or any one or more of t h e 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 including a c t i v i t i e s of a f i d u c i a r y , agency or c u s t o d i a l nature) at Three F i r s t National Plaza, Chicago, I l l i n o i s , through i t s s u b s i d i a r y , F i r s t Chicago Investments Advisers, National Association (8/13/83) Chicago Union Bancorp I n c . , Grand Rapids, Michigan, for approval to acquire 100 percent of the voting shares of Bankers Leasing S e r v i c e s , I n c . , S o u t h f i e l d , Michigan. Minneapolis Norwest Corporation, Minneapolis, Minnesota, n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (in the a c t i v i t i e s of consumer f i n a n c e , s a l e s f i nance and commercial f i n a n c e , t h e o f f e r i n g f o r s a l e and s e l l i n g of t r a v e l e r s checks, the s a l e of c r e d i t l i f e , c r e d i t accident and health and property and c r e d i t r e l a t e d c a s u a l t y insurance r e l a t e d t o extensions of c r e d i t by t h a t company and through i t s s u b s i d i a r y , Centurion Life Insurance Company, in t h e a c t i v i t i e s of underwriting c r e d i t l i f e and accident and health insurance H.2, 1983 No. 33 - 19 APPLICATIONS RECEIVED-Continued r e l a t e d t o e x t e n s i o n s of c r e d i t by Norwest Financial South Dakota, I n c . , such underw r i t i n g and s a l e of c r e d i t - r e l a t e d insurance being p e r m i s s i b l e a c t i v i t i e s under Subparagraphs A and D of T i t l e VI of t h e Garn - S t . Germain Depository I n s t i t u t i o n s Act of 1982) at 41st S t r e e t and Marion Road, Sioux F a l l s , South Dakota, serving Sioux F a l l s , South Dakota and nearby communities, through i t s s u b s i d i a r y , Norwest Financial South Dakota, I n c . (8/10/83) Kansas City Sherman County Management, I n c . , Loup C i t y , Nebraska, f o r approval t o r e t a i n c e r t a i n a s s e t s of Skotchdopole Agency, I n c . , Ravenna, Nebraska, a general insurance agency. San Francisco BankAmerica Corporation, San Francisco, 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 in de novo a c t i v i t i e s (making or acquiring f o r i t s own account loans and 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 i n s u r a n c e , c r e d i t - r e l a t e d accident and health insurance and c r e d i t - r e l a t e d property insurance; t h e aforementioned types of c r e d i t - r e l a t e d i n i surance are permisible under Section 4 ( c ) ( 8 ) ( d ) of t h e Bank Holding Company Act of 1956, as amended by t h e Garn-St Germain Depository I n s t i t u t i o n s Act of 1982 and Section 2 of the Pennsylvania Act of t h e General Assembly 1974 (P.L. 1148, No. 365,1 (40 P.S. 281)); such a c t i v i t i e s will 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 l o a n s , purchasing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans and other extensions of c r e d i t t o b u s i n e s s e s , making loans and o t h e r extensions of c r e d i t secured by real and personal p r o p e r t y , 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 , c r e d i t - r e l a t e d accident and health and c r e d i t r e l a t e d property insurance d i r e c t l y r e l a t e d to e x t e n s i o n s of c r e d i t made or acquired by FinanceAmerica Consumer Discount Company; 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 accident and 108? No. 33 - ?0 APPLICATIONS RECEIVED-Continued health insurance may be reinsured by BA Insurance Company, Inc. an a f f i l i a t e of FinanceAmerica Consumer Discount Company) in Bethlehem, Monroeville, and Scranton, Pennsylvania, each o f f i c e will serve the e n t i r e State of Penns y l v a n i a , through i t s indirect subsidiary, FinanceAmerica Consumer Discount Company (a Pennsylvania Corporation) (8/16/83) San Francisco Crocker National Corporation, San Francisco, California and Midland California Holdings Limited, both of London, England, for approval to engage in the nonbanking a c t i v i t y of arranging equity financing for income producing real property. * * * * * REPORTS RECEIVED Proxy Statement (Special Meeting) Filed Pursuant to Section 14(a) of the S e c u r i t i e s Exchange Act Union Bank 8 Trust Co., Montgomery, Alabama. * * * * * PETITONS FOR RULEMAKING None.
@FedFRASER