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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM
H.2, 1987 No. 35
Actions of the Board
Applications and Reports Received
Daring the Week Ending August 29, 1987
ACTIONS OF THE BOARD

Amendment to Regulation T (Credit by Brokers
and Dealers), which revises the definition of
OTC margin bonds to include and "mortgage
related security" (Docket R-0600).
Proposed amendment to Regulation T, which
would permit broker-dealers to aid in the
exercise of employee owned stock options
(Docket R-0611).
Boston

Bank of New England-West, National
Association, Springfield, Massachusetts,
proposed merger with Hampshire National Bank
of South Hadley, South Hadley, Massachusetts
— reports to the Comptroller of the Currency
on competitive factors. 1/

Boston

Pacific National Bank of Nantucket,
Nantucket, Massachusetts, proposed merger
with Pacific Bank, National Association —
report to the Comptroller of the Currency on
competitive factors.

Boston

Green Mountain Bank, Winhill Township,
Vermont, proposed merger with New Mountain
Bank — report to the Federal Deposit
Insurance Corporation on competitive factors.
1/

1/

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




H.2, 1987, No. 35

2

ACTIONS OF THE BOARD - Continued
Boston

BankEast, Manchester, New Hampshire, proposed
merger with Hanover Bank & Trust Company,
Hanover, New Hampshire — report to the
Federal Deposit Insurance Corporation on
competitive factors. 1/

Richmond

The Bank of Charlotte County, Phenix,
Virginia — investment in bank premises.

1/

Atlanta

Union Bank & Trust Co., Montgomery, Alabama
— investment in bank premises. 1/

Atlanta

Citizens Corporation, Columbia, Mississippi
— extension to December 11, 1987, to acquire
The Peoples Savings Bank. 1/

Atlanta

Peoples Bancshares, Inc., Clanton, Alabama —
extension to November 27, 1987, to acquire
The Peoples Savings Bank. 1/

Atlanta

First Union National Bank of Georgia,
Atlanta, Georgia, proposed merger with
Roswell Bank, Roswell, Georgia — report to
the Comptroller of the Currency on
competitive factors. 1/

Atlanta

Bank of Greensboro, Greensboro, Georgia,
proposed merger with Greensboro Interim
Corporation, Milledgeville, Georgia — report
to the Federal Deposit Insurance Corporation
on competitive factors. 1/

Atlanta

Vista Bank of Marion County, Belleview,
Florida, proposed merger with SouthTrust Bank
of Central Florida — report to the Federal
Deposit Insurance Corporation on competitive
factors. 1/

Chicago

Southwest Financial Bank of New Lenox, New
Lenox, Illinois, proposed merger with
Southwest Financial Bank, Evergreen Park,
Illinois — report to the Federal Deposit
Corporation on competitive factors. 1/

Chicago

Chesterton State Bank, Chesterton, Indiana —
extension to November 30, 1987, to establish
a branch at 1209 Calumet Road, Valparaiso,
Indiana. 1/

1/

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




H.2, 1987, No. 35

3

ACTIONS OF THE BOARD - Continued
Chicago

Independent Bank, Ionia, Michigan, proposed
acquisition of certain fixed assets and
assumption of liability to pay deposits made
in the Portland Office of Michigan National
Bank, Lansing, Michigan — report to the
Federal Deposit Insurance Corporation on
competitive factors. 1/

Chicago

The First National
Illinois, proposed
Bank of Triumph —
of the Currency on

Chicago

Addison State Bank, Addison, Illinois,
proposed merger with ASB Interim Bank —
report to the Federal Deposit Insurance
Corporation on competitive factors. 1/

St. Louis

Sunburst Bank, Grenada, Mississippi, proposed
merger with Bank of Laurel, Laurel,
Mississippi — report to the Federal Deposit
Insurance Corporation on competitive factors.
1/

St. Louis

Landmark Bank of Edgemont, East St. Louis,
Illinois — payment of a dividend. 1/

St. Louis

Landmark Bank of Carbondale, Carbondale,
Illinois -- payment of a dividend. 1/

Kansas City

The Citizens-Farmers Bank of Cole Camp, Cole
Camp, Missouri — investment in bank
premises. 1/

Kansas City

United Bank of Arapahoe, N.A., Englewood,
Colorado, proposed merger with United Bank of
Arapahoe - East, N.A., — report to the
Comptroller of the Currency on competitive
factors. 1/

Kansas City

Hoff Investment Corporation, Lisco, Nebraska
— extension to September 15, 1987, to merge
with First Nebraska Bancs, Inc., 1/

Dallas

Albany Bancshares, Inc., Albany, Texas —
extension to December 22, 1987, to acquire
The First National Bank of Albany.

1/

Bank of Triumph, Triumph,
merger with FUB National
report to the Comptroller
competitive factors. 1/

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




H.2, 1987, No. 35

4

ACTIONS OF THE BOARD - Continued
San Francisco

California Valley Bank, Fresno, California,
proposed merger with Valley Acquisition,
Inc., Phoenix, Arizona — report to the
Federal Deposit Insurance Corporation on
competitive factors. 1/

San Francisco

Puget Sound National Bank, Tacoma,
Washington, proposed purchase of assets and
assumption of liabilities of the Tumwater
Branch of Western Community Bank — report to
the Comptroller of the Currency on
competitive factors. 1/

San Francisco

Tri Counties Bank, Chico, California,
proposed purchase of assets and assumption of
liabilities of the Yreka Office of Wells
Fargo Bank, N.A., San Francisco, California
— report to the Federal Deposit Insurance
Corporation on competitive factors. 1/
* * * * *

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

Central Bank, Holidaysburg, Pennsylvania —
to establish a branch at Wissenger's
Marketplace, 2032 East Pleasant Valley Blvd.,
Altoona, Pennsylvania. 1/ (8/28/87)

Philadelphia

Meridian Bank, Reading, Pennsylvania — to
establish an Off-site Electronic Facility at
Temple University, Johnson and Harwick Halls,
209 North Broad Street, Philadelphia,
Pennsylvania. 1/ (8/26/87)

Cleveland

The Minster
establish a
Main Street
St. Mary's,

Richmond

Signet Bank/Virginia, Richmond, Virginia, to
establish an Electronic Funds Transfer
Facility within the building of Stuart
McGuire Company, Inc., 115 Brand Road, Salem,
Virginia. 1/ (8/27/87)

1/

State Bank, Minster, Ohio, to
branch at the southwest corner of
and High Street (Lots 31 and 32),
Ohio. 1/ (8/27/87)

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




H.2, 1987, No. 35

5

ACTIONS OF THE BOARD - Continued
Atlanta

Dadeland Bank, Miami, Florida — to establish
a branch at the southwest corner of Old
Cutler Road and S.W. 168th Street, Miami,
Florida, to be known as the Dadeland Bank,
Old Cutler Banking Center. 1/ (8/27/87)

Atlanta

Union Bank & Trust Co., Montgomery, Alabama
— to establish a branch at 6900 Vaughn Road,
Montgomery, Alabama, to be known as the
Vaughn Road Branch. 1/ (8/24/87)

Kansas City

Prudential Bank, Denver, Colorado, to
establish a branch facility to be located at
4100 East Mississippi Avenue in Glendale,
Colorado. 1/ (8/27/87)

San Francisco

Idaho State Bank, Glenns Ferry, Idaho,
application for branch office at 495 North
3rd East, Mountain Home, Elmore County,
Idaho. 1/ (8/28/87)

San Francisco

Placer Bank of Commerce, Roseville,
California, to establish a branch at 4141
Manzanita Avenue, City of Carmichael, County
of Sacramento, California. 1/ (8/28/87)
* * * * *

International Investments and Other Actions Approved
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
Approved
New York

Chemical International Finance, Ltd., New
York, New York — no objection to make an
additional investment in The Bank of New
Providence, Limited, Nassau, Bahamas.
(8/28/87)
* * * * *

1/

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




H.2, 1987, No. 35

6

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
Returned
Kansas City

First Bancorp, Inc., Tonkawa, Oklahoma — for
approval to acquire 89.06 percent of the
voting shares of First Bancorp of Tonkawa,
Inc., Tonkawa, Oklahoma and indirectly The
First National Bank of Oklahoma, Tonkawa,
Oklahoma (formerly the First National Bank of
Tonkawa, Tonkawa, Oklahoma). (8/27/87)
Approved

Boston

The Waltham Corporation, Waltham,
Massachusetts — for approval to acquire 100
percent of the voting shares of Waltham
Savings Bank, Waltham, Massachusetts. 1/
(8/25/87)

Atlanta

SB&T Corporation, Smyrna, Georgia — for
approval to acquire 100 percent of the voting
shares of Smyrna Bank & Trust Company,
Symrna, Georgia. 1/ (8/24/87)

Chicago

Elcho Bancorporation, Inc., Altoona, Iowa —
for approval to acquire 100 percent of the
voting shares of the State Bank of Elcho,
Elcho, Wisconsin. 1/ (8/28/87)

St. Louis

E.B.I. Acquisition Corp., Eldorado, Illinois
— for approval to acquire 98.8 percent of
the voting shares of Bank of Egypt, Marion,
Illinois. 1/ (8/27/87)

St. Louis

Morgan Community Bancorp, Inc., Jacksonville,
Illinois — for approval to acquire 100
percent of the voting shares of Morgan County
Community Bank, Jacksonville, Illinois. 1/
(8/26/87)

Minneapolis

Forsyth Bancshares, Inc., Forsyth, Montana —
for approval to acquire 100 percent of the
voting shares of First State Bank of Forsyth,
Forsyth, Montana. 1/ (8/26/87)

1/

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




H.2, 1987, No. 35

7

ACTIONS OF THE BOARD - Continued
Kansas City

Crown Bancshares II, Inc., Topeka, Kansas —
for approval to acquire 51 percent of the
voting shares of Johnson County Bankshares,
Inc., Prairie Village, Kansas and indirectly
Johnson County Banks, N.A., Prairie Village,
Kansas. 1/ (8/28/87)

Kansas City

Rocky Mountain Bancorporation, Inc.
Bloomington, Minnesota — for approval to
acquire 100 percent of the voting shares of
The Bank of Aspen, Aspen Colorado. 1/
(8/27/87)
* * * * *

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

TransTexas Bancshares, Inc., Beaumont, Texas
— for approval to acquire 100 percent of the
voting shares of Newton Bancshares, Inc.,
Beaumont, Texas and indirectly First National
Bank of Woodville, Woodville, Texas, and
First National Bank of Newton, Newton, Texas.
(8/26/87)

Dallas

TransTexas Bancshares, Inc., Beaumont, Texas,
— for approval to acquire 100 percent of the
voting shares of Kirbyville Bancshares, Inc.,
Beaumont, Texas, and indirectly Kirbyville
State Bank, Kirbyville, Texas.
(8/26/87)
Approved

Boston

1/

Bancshares 2000, Inc., McLean, Virginia —
for approval to acquire 100 percent of the
voting shares of Bank 2000 of Reston,
National Association, Reston Virginia, a
proposed new bank. 1/

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




H.2, 1987, No. 35

8

ACTIONS OF THE BOARD - Continued
St. Louis

Banterra Corp., Eldorado, Illinois — for
approval to acquire 98.8 percent of the
voting shares of Egypt Bancorp, Inc., Marion,
Illinois and indirectly The Bank of Egypt,
Marion, Illinois. 1/ (8/27/87)
* * * * *

To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Approved
Minneapolis

MinnesotarWisconsin Bancshares, Inc.,
Newport, Minnesota — for approval to merge
with Town and Country Banshares, Inc.,
Newport, Minnesota, and indirectly acquire
Town and Country Bank, Maplewood, Minnesota.
1/ (8/28/87)
* * * * *

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

Viejo Bancorp, Mission Viejo, California —
for approval to engage de novo providing
management consulting in the form of auditing
services to depository institutions through
Viejo Audit Corporation, Mission Viejo,
California.
(8/26/87)
Returned

Kansas City

1/

First Bancorp, Inc., Tonkawa, Oklahoma — for
approval to acquire Burton Insurance Trust,
Tonkawa, Oklahoma and thereby engage in
general insurance agency activities in a town
with a population of less than 5,000.
(8/27/87)

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




B.2, 1987,

No. 35
ACTIONS OF THE BOARD - Continued
Approved

Richmond

Allied Irish Banks, P.L.C., Dublin, Ireland,
and First Maryland Bancorp, Baltimore,
Maryland, to engage de novo in the issuance
and sale of domestic money orders having a
face value of not more than $10,000 and
official checks having no limitations on face
value, and the provision of data processing,
management, and servicing support services
for such payment instrument activities,
through First Maryland Cheque Corporation,
Baltimore-, Maryland. 1/ (8/24/87)

Chicago

Marshall & Ilsley Corporation, Milwaukee,
Wisconsin — for approval to acquire 100
percent of the voting shares of Software
Development Corporation, Fort Lauderdale,
Florida and thereby engage in data processing
activities. 1/ (8/26/87)

Kansas City

OMNIBANCORP, Denver, Colorado — for approval
to acquire 100 percent of the shares of MSHC,
Inc., Denver, Colorado, and thereby engage in
mortgage lending activities.
(8/28/87)
Redemption of Shares

Atlanta

Commercial Capital Corporation, DeKalb,
Mississippi. 1/ (8/28/87)
*

*

*

*

*

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

Oakwood Deposit Bank, Oakwood, Ohio.
(8/25/87)

Minneapolis

Citizens Bancshares of Woodville, Inc.,
Woodville, Wisconsin. 1/ (8/26/87)

Dallas

Lake Granbury Financial Corporation,
Granbury, Texas 1/ (8/28/87)

San Francisco

Farmers and Merchants Bank, Forest Grove,
Oregon. 1/ (8/28/87)

1/

1/

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




H.2, 1987, No. 35

10
APPLICATIONS RECEIVED

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

Meridian Bank, Reading, Pennsylvania — to
establish an Off-site Electronic Facility to
be located at Acme Markets, Inc., Roosevelt
Boulevard and Harbison Avenue, Philadelphia,
Pennsylvania. 2/

Cleveland

The Fifth Third Bank of Columbus, Columbus,
Ohio — to establish a branch at 1800
Riverside Drive, Columbus, Ohio. 2/

Richmond

Central Fidelity Bank, Richmond, Virginia —
to establish a branch at 1832 Kempsville
Road, Virginia Beach, Virginia. 2/

Richmond

Signet Bank/Virginia, Richmond, Virginia —
to establish a branch at 1815 North Fort Myer
Drive, Arlington, Virginia. 2/

Kansas City

Prudential Bank, Denver, Colorado — to
establish a branch facility to be located at
4100 East Mississippi Avenue in Glendale,
Colorado. 2/
* * * * *

To Merge Pursuant to Section 18(c) of the
Federal Deposit Insurance Act
Received
Chicago

Old Kent Bank and Trust Company, Grand
Rapids, Michigan — to merge with Old Kent
Bank of Greenville, Greenville, Michigan, and
Old Kent Bank of Fremont, Fremont, Michigan.
2/

Dallas

Exchange National Bank, San Antonio, Texas —
to merge with Kelly Field National Bank, Leon
Valley, Texas. 2/

Dallas

Valley National Bank, Harlingen, Texas — to
merge with FirstBank, Lqs Fresnos, Texas. 2/
* * * * *

2/

Application subject to Community Reinvestment Act. The
Community Affairs Officer of the applicable Reserve Bank
may be contacted as to the length of the comment period.




H.2, 1987, No. 35

11

APPLICATIONS RECEIVED - Continued
Applications and Notifications for International Investments
and Other Actions 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
Received
Boston

The First National Bank of Boston, Boston,
Massachusetts — prior invoice of its intent
to make an investment in the Commercial Bank
of Manila, Manila, Philippines through two of
its subsidiaries, Boston World Holding
Corporation and Pineapple Corporation.
* * * * *

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

Phoenix Bancorp, Inc., Minersville,
Pennsylvania — for approval to acquire 100
percent of the voting shares of Minersville
Safe Deposit Bank and Trust Company,
Minersville, Branch Twp., Pennsylvania. 2/

Chicago

Citizens Financial Corporation ESOP and
Trust, Fort Atkinson, Wisconsin — for
approval to acquire 30 percent of the voting
shares of Citizens Financial Corporation,
Fort Atkinson, Wisconsin, and indirectly
Citizens State Bank, Fort Atkinson,
Wisconsin. 2/

St. Louis

Mid-Mo Bancshares, Inc., Auxvasse, Missouri
— for approval to acquire at least 94.78
percent of the voting shares of Security Bank
of Auxvasse, Auxvasse, Missouri. 2/

Minneapolis

First National Bank of Sauk Centre Profit
Sharing Trust No. 1, Sauk Centre, Minneapolis
— for approval to acquire 26.88 percent of
the voting shares of Sauk Centre Financial
Services, Inc., Sauk Centre, Minneapolis, and
indirectly First National Bank of Sauk
Centre, Minneapolis. 2/

2/

Application subject to Community Reinvestment Act. The
Community Affairs Officer of the applicable Reserve Bank
may be contacted as to the length of the comment period.




H.2, 1987, No. 35

12

APPLICATIONS RECEIVED - Continued
Minneapolis

Newberry Bancorp, Inc., Newberry, Michigan —
for approval to acquire 100 percent of the
voting shares of The Newberry State Bank,
Newberry, Michigan. 2/

Minneapolis

Sauk Centre Financial Services, Inc., Sauk
Centre, Minneapolis — for approval to
acquire 100 percent of the voting shares of
First National Bank of Sauk Centre, Sauk
Centre, Minneapolis. 2/

Kansas City

Berthoud Bancorp, Inc. Employee Stock
Ownership-Plan, Berthoud, Colorado — for
approval to acquire 30 percent of the voting
shares of Berthoud Bancorp, Inc., Berthoud,
Colorado, and indirectly The Berthoud
National Bank, Berthoud, Colorado. 2/

Dallas

Myers Bancorp, Inc., Dallas, Texas — for
approval to acquire 100 percent of the voting
shares of Myers Bancshares, Inc., Dallas,
Texas and indirectly Continental State Bank,
Boyd, Texas, The First National Bank of
Bridgeport, Bridgeport, Texas, and Woodhaven
National Bank, Fort Worth, Texas. 2/

San Francisco

Family Bancorp, Grants Pass, Oregon — for
approval to acquire 100 percent of the voting
shares of Family Bank of Commerce, Grants
Pass, Oregon. 2/

San Francisco

International Capital Trust Limited, Geneva,
Switzerland — for approval to acquire 85
percent of the voting shares of Western
United National Bank, Los Angeles,
California. 2/

San Francisco

Pastock Holdings Limited, Geneva, Switzerland
— for approval to acquire 85 percent of the
voting shares of Western United National
Bank, Los Angeles, California. 2/

San Francisco

Yardlong Investment Trust, Geneva,
Switzerland — for approval to acquire 85
percent of the voting shares of Western
United National Bank, Los Angeles,
California. 2/
* * * * *

2/

Application subject to Community Reinvestment Act. The
Community Affairs Officer of the applicable Reserve Bank
may be contacted as to the length of the comment period.




H.2, 1987, No. 35

13

APPLICATIONS RECEIVED - Continued
To Expand a Bank Holding Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Received
Atlanta

The Citizens and Southern Corporation,
Atlanta, Georgia and Citizens and Southern
Florida Corporation, Ft. Lauderdale, Florida
— for approval to acquire 100 percent of the
voting shares of Southern Bank Corp., Inc.,
Tallahassee, Florida and indirectly The
Southern Bank of Tallahassee, Tallahassee,
Florida. -2/

Chicago

Keeco, Inc., Chicago, Illinois — for
approval to acquire 7.38 percent of the
voting shares of Selin Corporation, Chicago,
Illinois and indirectly First National Bank
of Niles, Illinois, Niles, Illinois. 2/

Chicago

Northland Insurance Agency, Inc., Chicago,
Illinois — for approval to acquire 7.58
percent of the voting shares of Selin
Corporation, Chicago, Illinois and indirectly
First National Bank of Niles, Illinois,
Niles, Illinois. 2/

Chicago

Selin Corporation, Chicago, Illinois — for
approval to acquire 100 percent of the voting
shares of Wauconda National and Trust
Company, Wauconda, Illinois. 2/

Chicago

Selin Corporation, Chicago, Illinois — for
approval to acquire 100 percent of the voting
shares of American National Bank, South
Chicago Heights, Illinois. 2/

Chicago

Selin Corporation, Chicago, Illinois — for
approval to acquire 100 percent of the voting
shares of American National Bank & Trust
Company of Waukegan, Waukegan, Illinois. 2/

Chicago

Selin Corporation, Chicago, Illinois — for
approval to acquire 100 percent of the
votings shares of First National Bank of
Crystal Lake, Crystal Lake, Illinois. 2/

Chicago

Selin Corporation, Chicago, Illinois — for
approval to acquire 100 percent of the
votings shares of Gurnee National Bank,
Gurnee, Illinois. 2/

2/

Application subject to Community Reinvestment Act. The
Community Affairs Officer of the applicable Reserve Bank
may be contacted as to the length of the comment period.




H.2, 1987, No. 35

14

APPLICATIONS RECEIVED - Continued
St. Louis

Farmers Bancshares, Inc., Valmeyer, Illinois
— for approval to acquire 60.5 percent of
the voting shares of Ramsey National Bank,
Ramsey, Illinois. 2/
* * * * *

To Expand a Bank Holding Company Pursuant to Section
3 (a)(5) of the Bank Holding Company Act of 1956
Received
Philadelphia

Financial Trust Corp., Carlisle, Pennsylvania
— for approval to merge with Firstway
Financial, Inc., Waynesboro, and indirectly
First National Bank and Trust Company,
Waynesboro, Pennsylvania. 2/

San Francisco

Alaska Mutual Bancorporation, Anchorage,
Alaska — for approval to merge with United
Bancorporation Alaska, Inc., Anchorage,
Alaska, and indirectly acquire United Bank
Alaska, Anchorage, Alaska, and United Bank
Alaska Southeastern, Juneau, Alaska. 2/
* * * * *

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

2/

BAII Holdings S.A. Luxemburg; B.A.I.I.
Finance Company, N.V. Curacao, Netherland
Antilles; Compagnie Arabe et Internationale
d' Investissement (Nederland) B.V.,
Amsterdam, The Netherlands; and Banque Arabe
et Internationale, Paris, France, to expand
the geographic area served to include the
Bahamas, Bahrain, France, Hong Kong,
Luxemburg and the United Kingdom and to
continue to engage de novo (discount
securities brokerage activities including
certain securities credit and incidental
activities). (8/20/87)

Application subject to Community Reinvestment Act. The
Community Affairs Officer of the applicable Reserve Bank
may be contacted as to the length of the comment period.




H. 2, 1987, No. 35

15

APPLICATIONS RECEIVED - Continued
New York

Banque Indosuez and Compagnie Financiere de
Suez, Paris, France — to engage de novo
(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 W.I. Carr Futures &
Options Corp., Chicago, Illinois.
(8/28/87)

New York

National Westminster Bank pic, London,
England and NatWest Holdings, Inc., New York,
New York — to engage de novo (making,
acquiring and/or servicing loans for itself
or for others of the type made by a mortgage
company; providing portfolio investment
advice to any person). (8/26/87)

Philadelphia

Franklin Financial Services Corporation,
Chambersburg, Pennsylvania — to engage de
novo (underwriting credit life and disability
insurance on consumer loans) through its
subsidiary, Franklin Founders Life Insurance
Company, Phoenix, Arizona. The activity will
be conducted from offices in Fulton,
Cumberland, Franklin, Washington, and Adams
Counties of South Central Pennsylvania.
(8/28/87)

Atlanta

Sunshine Bankshares Corporation, Fort Walton
Beach, Florida — to engage de novo (consumer
financial counseling). The geographical area
to be served will be the states of Florida,
Georgia, and Alabama.
(8/24/87)

Chicago

First Midwest Bancorp, Inc., Naperville,
Illinois — to expand its activities to
include (underwriting home mortgage
redemption insurance) through its subsidiary,
First Midwest Insurance Company, Naperville,
Illinois.
(8/24/87)

Chicago

First of America Bank Corporation, Kalamazoo,
Michigan — to engage (providing to others
financially related data processing and data
transmission services, facilities, and data
bases; or access to them) through its
subsidiary, First of America Computer
Services, Inc., Kalamazoo, Michigan.
(8/25/87)




H.2, 1987, No. 35

16

APPLICATIONS RECEIVED - Continued
Chicago

Marshall & Ilsley Corporation, Milwaukee,
Wisconsin — to engage de novo (making,
acquiring and/or servicing loans for itself
or for others of the type made by a credit
card company) through M&I Data Services,
Inc., Milwaukee, Wisconsin.
(8/24/87)

Chicago

Selin Corporation, Chicago, Illinois — for
approval to acquire NIF Data, Inc., Chicago,
Illinois and thereby engage in data
processing and data transmission services.

Minneapolis

Signal Bancshares, Inc., West St. Paul,
Minnesota — for approval to acquire the
assets of Hampton Agency, Inc., Hampton,
Minnesota, and thereby engage in any
insurance agency activities in a place that
has a population not exceeding $5,000.