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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
( H . 2 , 1982 No. 32)
Action of t h e Board; A p p l i c a t i o n s and Reports
Received During t h e Week Ending August 7, 1982
APPLICABLE
RESERVE BANK
ACTIONS OF THE BOARD
Proposal by t h e Federal Reserve Banks t o improve the speed
and e f f i c i e n c y of the n a t i o n ' s payments mechanism by
modifying t h e System's check p r o c e s s i n g and c o l l e c t i o n
p r o c e d u r e s ; t h e Board r e q u e s t e d comment by September 20, 1982.
(Docket No. R-0414)
Atlanta
ANB B a n c s h a r e s , I n c . , Brunswick, G e o r g i a , e x t e n s i o n of time
t o November 7, 1982, w i t h i n which t o become a bank holding
company through the a c q u i s i t i o n of American National
Bank of Brunswick, Brunswick, G e o r g i a . J[J
Atlanta
Brookhaven F i n a n c i a l C o r p o r a t i o n , Brookhaven, M i s s i s s i p p i ,
e x t e n s i o n of time t o November 14, 1982, w i t h i n which t o
become a bank h o l d i n g company through a c q u i s i t i o n of
Brookhaven Bank and T r u s t Company, Brookhaven, M i s s i s s i p p i . _!/
Dallas
CB&T B a n c s h a r e s , I n c . , C l e v e l a n d , Te xa s , e x t e n s i o n of time t o
September 15, 1982, w i t h i n which t o a c q u i r e Park National
Bank, P o r t e r , Texas, a proposed new bank. 1/
Kansas City
C e n t r a l B a n c o r p o r a t i o n , I n c . , Denver, Colorado, e x t e n s i o n of
time t o November 2, 1982, w i t h i n which t o a c q u i r e Central
Bank a t Highlands Ranch, N.A., Denver, Colorado. _1/
S t . Louis
Crawford Bancorp, I n c . , Robinson, I l l i n o i s , e x t e n s i o n of time
t o October 31, 1982, w i t h i n which t o become a bank holding
company through t h e a c q u i s i t i o n of t h e s u c c e s s o r by merger
t o Crawford County S t a t e Bank, Robinson, I l l i n o i s . _!/
Atlanta
F i r s t Bulloch Banking C o r p o r a t i o n , S t a t e s b o r o , G e o r g i a , e x t e n s i o n of time t o November 9, 1982, w i t h i n which t o become a
bank h o l d i n g company through t h e a c q u i s i t i o n of F i r s t Bulloch
Bank & T r u s t Company, S t a t e s b o r o , G e o r g i a . \ j
J7
Application processed on behalf of the Board of Governors under delegated
authority.
H.2, 1982 No. 32
-
2
-
ACTIONS OF THE BOARD-Continued
Chicago
FIRST LINCOLNWQOL) CORP., Lincolnwood, I l l i n o i s , e x t e n s i o n of
time t o November 4 , 1982, w i t h i n which t o become a bank
h o l d i n g company through t h e a c q u i s i t i o n of 80 p e r c e n t or more
of t h e v o t i n g s h a r e s of The F i r s t National Bank of Lincolnwood,
Lincolnwood, I l l i n o i s . 1/
Kansas City
F i r s t B a n k Holding Company of C o l o r a d o , Lakewood, Colorado, e x t e n s i o n of time t o November 10, 1982, in which t o consummate
t h e a c q u i s i t i o n of FirstBank a t Hainpden/Yosemite, N.A., Denver,
C o l o r a d o , and FirstBank a t K i p l i n g / J e w e l l , N.A., Lakewood,
Colorado. 1/
Cleveland
Fort Thomas-Bellevue Bancorp, I n c . , F o r t Thomas, Kentucky, ext e n s i o n of time t o November 6, 1982, w i t h i n which t o a c q u i r e
t h e F o r t Thomas-Bellevue Bank, Fort Thomas, Kentucky. \J
Dallas
F r e s n o s B a n c s h a r e s , I n c . , Los F r e s n o s , Texas, e x t e n s i o n of
time t o September 27, 1982, w i t h i n which t o a c q u i r e Los Fresnos
S t a t e Bank, Los F r e s n o s , Texas. 1/
Dallas
Southwest F i r s t Community, I n c . , B e e v i l l e , Texas, e x t e n s i o n of
time t o September 13, 1982, w i t h i n which t o a c q u i r e S t a t e
Bank & T r u s t Company, B e e v i l l e , Texas. \J
Atlanta
Sun Banks of F l o r i d a , I n c . , Orlando, F l o r i d a , e x t e n s i o n of
time t o November 22, 1982, w i t h i n which t o a c q u i r e s h a r e s of
Sun Bank/Indian River N.A., Vero Beach, F l o r i d a . _1/
New York
C i t i b a n k , N.A., New York, New York, e x t e n s i o n of time to
August 29, 1983, w i t h i n which t o e s t a b l i s h an i n i t i a l branch
o f f i c e in Macau. \J
Boston
C o n n e c t i c u t Bank and T r u s t Company, H a r t f o r d , C o n n e c t i c u t , e x t e n s i o n of time t o December 31, 1982, w i t h i n which t o e s t a b l i s h
a branch a t t h e n o r t h w e s t c o r n e r of Holmes S t r e e t and East
Main S t r e e t , S t o n i n g t o n , C o n n e c t i c u t . \ ]
Chicago
I s a b e l l a Bank and T r u s t , Mount P l e a s a n t , Michigan, an investment
in bank p r e m i s e s . 1/
Boston
Shawmut F i r s t Bank and T r u s t Company, S p r i n g f i e l d , M a s s a c h u s e t t s ,
an i n v e s t m e n t in bank p r e m i s e s . 1/
S t . Louis
Ashley S t a t e Bank, Ashley, I l l i n o i s , proposed merger with
F.B.G. Bank of Ashley, A s h l e y , I l l i n o i s , r e p o r t t o t h e Federal
Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1/
TJ
A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under d e l e g a t e d
authority.
H . 2 , 1 9 8 2 N o . 32
- 3 ACTIQNS OF THE BQARD-Continued
San
Francisco
BP Bank, Pullman, Washington, proposed merger with Bank of
Pullman, Pullman, Washington, under t h e c h a r t e r and t i t l e
of the l a t t e r ; r e p o r t to t h e Federal Deposit I n s u r a n c e
C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . J 7
San
Francisco
Cap Merger Company, Downey, C a l i f o r n i a , proposed merger with
Bank of Pullman, Pullman, Washington, under the c h a r t e r and
t i t l e of t h e l a t t e r ; r e p o r t to the Federal Deposit Insurance
C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1 /
Atlanta
C i t i z e n s and Southern National Bank, Savannah, G e o r g i a ,
proposed merger with C i t i z e n s and Southern Bank of Dal t o n ,
Dal t o n , G e o r g i a , r e p o r t t o the Comptroller of the Currency
on c o m p e t i t i v e f a c t o r s . _!/
visco
CI entente Merger Company, San Clemente, C a l i f o r n i a , proposed
merger with Bank of San Clemente, San Clemente, C a l i f o r n i a ,
under t h e c h a r t e r and t i t l e of the l a t t e r ; r e p o r t t o t h e
Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . _%/
Leilas
Colonial Bank cf G r e e n v i l l e , G r e e n v i l l e , Texas, proposed merger
with Mew G r e e n v i l l e Bank, G r e e n v i l l e , Texas; r e p o r t t o the
F e d e r a l Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . _!/
San
Francisco
F i r s t I n t e r i m National Bank of F a i r b a n k s , A l a s k a , proposed
c o n s o l i d a t i o n w i t h F i r s t National Bank of F a i r b a n k s , F a i r b a n k s ,
A l a s k a , under t h e c h a r t e r and t i t l e of t h e l a t t e r ; r e p o r t
t o the C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . 1/
S t . Lvuis
F i r s t S t a t e Dank of C e n t r a l i a , C e n t r a l i a , I l l i n o i s , proposed
merger w i t h F.B.G. Bank of C e n t r a l i a , C e n t r a l i a , I l l i n o i s ;
r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on
c o m p e t i t i v e f a c t o r s . 1/
Minneapolis
F i r s t Western S t a t e Bank of Minot, Minot, North Dakota, p r o posed merger with New S t a t e Bank of Minot, Minot, North
Dakota; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n
on c o m p e t i t i v e f a c t o r s . 1/
Philadelphia
H a r l e y s v i 1 l e National Bank and T r u s t Company, H a r l e y s v i 1 l e ,
P e n n s y l v a n i a , proposed merger with H a r l e y s v i 1 l e I n t e r i m
National Bank and T r u s t Company, under t h e t i t l e of t h e
former and t h e c h a r t e r of t h e l a t t e r ; r e p o r t to t h e
C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . 1/
1 1
11 11 111
w
* ^ IcI u * ul id
< oWU
^ I^U*•*Ul& c*
-J
1« iIC^UUCU
^^ *
A J" " ^ 1 4 v I UM11pi•>'V- W W•#U VI i* -UCiiU
UU Vtl MUI^b UilUCl
uc
authority.
H . 2 , 1%2 No. 32
- 4 ACTIQNS OF THE BQARD-Continued
S t . Louis
Hoyleton S t a t e & Saving Bank, H o y l e t o n , I l l i n o i s , p r o p o s a l
t o merge w i t h F.B.G. Bank of H o y l e t o n , H o y l e t o n , I l l i n o i s ;
r e p o r t t o t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n on
c o m p e t i t i v e f a c t o r s . 1/
Chicago
McLean County Bank, B l o o m i n g t o n , 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 a p p r o v a l t o merge w i t h MCB Bank, B l o o m i n g t o n , I l l i n o i s ,
under t h e c h a r t e r of MCB Bank, and t i t l e of McLean County
Bank; r e p o r t t o t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n
on c o m p e t i t i v e f a c t o r s . \J
M e t r o p o l i t a n S t a t e Bank, M i n n e a p o l i s , M i n n e s o t a , proposed merger
w i t h Summit S t a t e Bank, B l o o m i n g t o n , M i n n e s o t a ; r e p o r t t o
t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e
factors. V
San
Fftsncisty
'*filiation
authority.
New F i r s t N a t i o n a l Bank, San D i e g o , C a l i f o r n i a , p r o p o s e d merger
k i t h f i r s t N a t i o n a l Bank, San D i e g o , C a l i f o r n i a , under t h e
c h a r t e r of t h e f o r m e r and t i t l e of t h e l a t t e r ; r e p o r t t o
t h e C o m p t r o l l e r of t h e C u r r e n c y on c o m p e t i t i v e f a c t o r s . 1/
on b e h a i ? jf t h e Board of Governors under d e l e g a t e d '
*4.2, 1982 No. 32
- 5ACT1QHS OF THE BOARD-Continued
To L s t a b l i s h a Domestic Branch Pursuant t o Section
t h e Federal Keserve Act
?^w Yuri
Atlanta
Approved
u w . i C i i i bank, New York, New York. To e s t a b l i s h a branch
a t IBM C o r p o r a t i o n , 1311 Mamaroneck Avenue, White P l a i n s ,
hew York, 1/
C i t i z e n s F i r s t Bank of Ocala v O c a l a , F l o r i d a . To e s t a b l i s h
a branch a t 1025 E. S i l v e r S p r i n g s B o u l e v a r d , Ocala,
F 1 or i d a .
*
*
*
*
*
To Merge Pursuant t o S e c t i o n 18(e) of t h e Federal
D e p o s i t I n s u r a n c e Act
yick<?iL; d
Approved
American Bank Company, P r i n c e t o n , West V i r g i n i a t o merge
Ktth P r i n c e t o n Bank 8 T r u s t Company, P r i n c e t o n , West
Virginia, y
*
*
*
*
*
lo Become a Member of t h e Federal Reserve System
P u r s u a n t t o S e c t i o n 9 of t h e Federal Reserve Act
Richmond
Approved
American Bank Company, P n n c t e o n , West V i r g i n i a . 1/
Dallas
Commonwealth Bank of A r l i n g t o n , A r l i n g t o n , Texas. 1/
Issued I n t e n t Not t o Disapprove Change of Control
P u r s u a n t t o Change in Bank Control Act of 1978
Minneapolis
Not Dissapproved
S w a n v i l i e B a n c s h a r e s , i n c . , b w a n v i I l e , Minnesota. \J
Kansas C i t y
S t a n l e y B a n c s h a r e s , I n c . , S t a n l e y , Kansas. 1/
T7
A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authority.
H.2, 1982 No. 32
-
6
-
ACTIONS OF THE BOARD-Continued
A p p l i c t i o n s and N o t i f i c a t i o n f o r I n t e r n a t i o n a l
Investments and Other Actions Pursuant t o S e c t i o n s 25
and 2 5 ( a ) of t h e Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 )
and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956,
a s amended
Boston
Approved
Rhode I s l a n d Hospital Trust National Bank, P r o v i d e n c e , Rhode
I s l a n d : g r a n t s consent t o e s t a b l i s h an Edge Corporation in
Miami, F l o r i d a t o be known a s H o s p i t a l Trust I n t e r n a t i o n a l
Banking C o r p o r a t i o n .
New York
Morgan Guaranty I n t e r n a t i o n a l Finance C o r p o r a t i o n , New York,
New York, and Morgan Guaranty I n t e r n a t i o n a l Bank, Miami,
F l o r i d a : g r a n t s c o n s e n t t o c o n t i n u e t o hold 20 p e r c e n t of
t h e s h a r e s and s u b o r d i n a t e d debt of Saudi I n t e r n a t i o n a l
Bank, London, England, a f t e r Saudi Bank e s t a b l i s h e s a
Federal Branch in New York, New York.
New York
R e p u b l i c National Bank of New York, New York, New York, on
behalf of i t s Edge, Republic I n t e r n a t i o n a l Bank of New York,
Los A n g e l e s , C a l i f o r n i a : g r a n t s c o n s e n t t o e s t a b l i s h a
branch in Beverly H i l l s , C a l i f o r n i a , and t o amend A r t i c l e s
of A s s o c i a t i o n of Edge t o p r o v i d e f o r t h e e s t a b l i s h m e n t of
branch o f f i c e s o u t s i d e of Los Angeles, C a l i f o r n i a .
Atlanta
Banc del P a c i f i c o , G u a y a q u i l , Ecuador: g r a n t s c o n s e n t to
form an Edge C o r p o r a t i o n in Miami, F l o r i d a t o be named
Banco del P a c i f i c o I n t e r n a t i o n a l .
Chicago
Algemene Bank Nederland N.V.: e n t e r e d i n t o agreement r e l a t i n g
t o t h e l i m i t a t i o n of d e p o s i t s by proposed S e a t t l e branch
under 265. 2 ( f ) ( 4 9 ) . ( 8 / 3 / 8 2 )
To Form a Bank Holding Company P u r s u a n t t o S e c t i o n
3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956
New York
T7
HUBCO, I n c . , Union C i t y , New J e r s e y , f o r approval t o a c q u i r e
100 p e r c e n t of t h e v o t i n g s h a r e s of Hudson United Bank,
Union C i t y , New J e r s e y . 1/
Application processed on behalf of the Board of Governors under delegated
authority.
H.2, 1982 No. 32
- 7 ACTIONS OF THE BOARD-Continued
Cleveland
Commercial B a n c s h a r e s , I n c . , West L i b e r t y , Kentucky, f o r
approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s
of Commercial Bank, West L i b e r t y , Kentucky. 1/
Cleveland
New B a n c s h a r e s , I n c . , Newport, Kentucky, f o r approval t o
a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Newport National
Bank, Newport, Kentucky. If
Richmond
P r i n c e t o n Bank Holding Company, P r i n c e t o n , West V i r g i n i a ,
f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of
t h e s u c c e s s o r by merger t o P r i n c e t o n Bank & T r u s t Company,
P r i n c e t o n , West V i r g i n i a . 1/
Atlanta
FBT B a n c s h a r e s , I n c . , S l i d e l l , L o u i s i a n a , f o r approval t o
a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of F i d e l i t y
Bank and T r u s t Company, S l i d e l l , L o u i s i a n a . If
Atlanta
F . C . B . , I n c . , Alachua, F l o r i d a , f o r approval t o a c q u i r e a t
l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t National
Bank of Alachua, Alachua, F l o r i d a . If
Atlanta
F i r s t Hogansville Bankshares, I n c . , Hogansville, Georgia, for
approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of
The C i t i z e n s Bank, H o g a n s v i l l e , G e o r g i a . If
Atlanta
LaPlace B a n c s h a r e s , I n c . , L a P l a c e , L o u i s i a n a , f o r approval
t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Bank of
LaPlace of S t . John t h e B a p t i s t P a r i s h , L a P l a c e , L o u i s i a n a . _!/
Atlanta
West Alabama B a n c s h a r e s , I n c . , M i l l p o r t , Alabama, f o r approval
t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of
Merchants & Farmers Bank, M i l l p o r t , Alabama. \J
Chicago
FIRST NATIONAL HOFFMAN BANCORP, INC., Hoffman E s t a t e s , I l l i n o i s ,
f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g
s h a r e s of F i r s t National Bank of Hoffman E s t a t e s , Hoffman
E s t a t e s , I I l i n o i s . If
Chicago
Somonauk FSB Bancorp, I n c . , Somonauk, I l l i n o i s , f o r approval
t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s )
of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o Farmers
S t a t e Bank of Somonauk, Somonauk, I l l i n o i s . 1/
Chicago
Treynor B a n c s h a r e s , I n c . , T r e y n o r , Iowa, f o r approval t o a c q u i r e
a t l e a s t 8 7 . 7 p e r c e n t of t h e v o t i n g s h a r e s of Treynor S t a t e
Bank, T r e y n o r , Iowa. 1/
If
A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under d e l e g a t e d
authority.
I
H . 2 , 1982 No. 32
8 ACTIONS OF THE BOARP-Continued
Chicago
WESTERN INDIANA BANCORP, Covington, I n d i a n a , f o r approval
t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of t h e s u c c e s s o r
by merger t o Bank of Western I n d i a n a , Covington, I n d i a n a . 1/
S t . Louis
Clark County B a n c s h a r e s , I n c . , Wyaconda, M i s s o u r i , f o r approval
t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Peoples
Bank of Wyaconda, Wyaconda, M i s s o u r i . _!/
S t . Louis
Kentucky Southern Bancorp, I n c . , Bowling Green, Kentucky,
f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of
the s u c c e s s o r by merger t o The C i t i z e n s National Bank of
Bowling Green, Bowling Green, Kentucky. \ J
Minneapolis
Gibbon B a n c o r p o r a t i o n , I n c . , Gibbon, M i n n e s o t a , f o r approval
t o a c q u i r e a t l e a s t 90 p e r c e n t of t h e v o t i n g s h a r e s of
C i t i z e n s S t a t e Bank of Gibbon Gibbon, Minnesota. 1/
Minneapolis
Pine River Holding Company, Pine R i v e r , Minnesota, f o r approval
t o a c q u i r e a t l e a s t 9 4 . 8 p e r c e n t of t h e v o t i n g s h a r e s of
Pine River S t a t e Bank, Pine R i v e r , Minnesota. 1/
Kansas C i t y
Kansas S t a t e I n v e s t m e n t s , I n c . , Manhattan, Kansas, f o r approval
t o a c q u i r e 90.61 p e r c e n t of t h e v o t i n g s h a r e s of Kansas S t a t e
B a n c s h a r e s , I n c . , Manhattan, Kansas and d i r e c t l y 0.83 p e r c e n t
of Kansas S t a t e Bank of Manhattan, Manhattan, Kansas. _1/
Dal l a s
The Banc of San J a c i n t o County B a n c s h a r e s , I n c . , C o l d s p r i n g ,
Texas, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s
of The Bank of San J a c i n t o County, C o l d s p r i n g , Texas. \J
Dal l a s
01 la B a n c s h a r e s , I n c . , 011a, L o u i s i a n a , f o r approval to a c q u i r e
a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The 01 la S t a t e
Bank, 011a, L o u i s i a n a . \ )
San
Francisco
P.V. F i n a n c i a l , Modesto, C a l i f o r n i a , f o r approval t o a c q u i r e
100 p e r c e n t of t h e v o t i n g s h a r e s of P a c i f i c Valley National
Bank, Modesto, C a l i f o r n i a , a proposed new bank. 1/
*
*
*
*
*
To Expand a Bank Holding Company Pursuant t o S e c t i o n
3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956
Richmond
y
Approved
NCNB C o r p o r a t i o n , C h a r l o t t e , North C a r o l i n a , f o r approval
t o a c q u i r e G u l f s t r e a m Banks, I n c . , Boca Raton, F l o r i d a and
A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d
authority.
H . 2 , 1982 No. 32
- 9 ACTIONS OF THE BOARD-Continued
i n d i r e c t l y G u l f s t r e a m Bank, N. A . , Boca Raton, and Gulfstream
Bank, Tamarac, F l o r i d a . 1J
S t . Louis
F i r s t Bancorp of B e l l e v i l l e , I n c . , B e l l e v i l l e , I l l i n o i s , f o r
approval t o a c q u i r e a t l e a s t 80 p e r c e n t and up t o 100
p e r c e n t of t h e v o t i n g s h a r e s of Uupo S t a t e Savings Bank, Dupo,
I I 1 i n o i s . \J
Dallas
Carthage B a n c s h a r e s , I n c . , C a r t h a g e , Texas, f o r approval t o
a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t National
Bank of B e c k v i 1 l e , B e c k v i 1 i e , Texas, a proposed new bank. _!/
Dallas
M e r c a n t i l e Texas C o r p o r a t i o n , D a l l a s , Texas, f o r approval
to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of Abilene National
Bank, A b i l e n e , Texas. J 7
San
Francisco
S e a f i r s t C o r p o r a t i o n , S e a t t l e , Washington, f o r approval t o
a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Western National
Bank, B o t h e ! 1 , Washington, a proposed new bank. 1/
*
*
*
*
*
To Expand a Bank Holding Company P u r s u a n t t o Section
3 ( a ) ( 5 ) of t h e Bank Holding Company Act of 1956
Cleveland
National C i t y C o r p o r a t i o n , C l e v e l a n d , Ohio, f o r approval
t o merge with Ohio C i t i z e n s Bancorp, I n c . , Toledo, Ohio. 1/
*
*
*
*
*
To Expand a Bank Holding Company P u r s u a n t t o Section
4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956
San
Francisco
T7
Withdrawn
Imperial Bancorp, Inglewood, C a l i f o r n i a , f o r approval t o
a c q u i r e Imperial C a p i t a l Markets Group, I n c . , Inglewood,
C a l i f o r n i a , engaging in s o l i c i t i n g , u n d e r w r i t i n g , d e a l i n g ,
p u r c h a s i n g , s e l l i n g and t r a d i n g in U.S. Government, Agency,
S t a t e and Municipal o b l i g a t i o n s .
A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e board of Governors under d e l e g a t e d
authority*
i
H.2, 1 9 8 2 N 0 . 32
-10ACTIONS OF THE BOARD-Continued
Approved
NCN8 C o r p o r a t i o n , C h a r l o t t e , North C a r o l i n a , f o r approval
to a c q u i r e G u t f s t r e a m Leasing C o r p o r a t i o n , G u l f s t r e a m
Mortgage Company, and G u l f s t r e a m Insurance Agency, I n c . ,
a l l of Boca Raton, F l o r i d a and G u l f s t r e a m Real E s t a t e
P r o p e r t i e s , I n c . , Fort L a u d e r d a l e , F l o r i d a . 1/
Richmond
is
-jr,
- jnwsco
Kansas City
rdfxisco
Pine River Holding Company, Pine R i v e r , M i n n e s o t a , f o r
approval t o engage in g e n e r a l i n s u r a n c e a c t i v i t i e s in a
community w i t h a p o p u l a t i o n not e x c e e d i n g 5,000 through
Pine River Agency, I n c . , Pine R i v e r , Minnesota. !_/
Xo^re F i n a n c i a l Group, B o i s e , Idaho, f o r approval t o a c q u i r e
IJu p e r c e n t of t h e v o t i n g s h a r e s of FMA T h r i f t and Loan,
j a l t Lake C i t y , Utah, and FMA T r u s t Company a l s o of S a l t
Lake C i t y , Utah, j /
Reactivated
Royal Dominion L t d . , Denver, Colorado, 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 (in a c t i v i t i e s
1 u n i t e d t o p r o v i s i o n of bookkeeping, a c c o u n t i n g and
data processing s e r v i c e s , business record keeping,
s t o r a g e and r e t r i e v a l s e r v i c e s and r e l a t e d f i n a n c i a l
and a d m i n i s t r a t i v e s e r v i c e s t o a f f i l i a t e d banks and
bank s u b s i d i a r i e s ) a t 3251 Syracuse S t r e e t , Denver,
C o l o r a d o , s e r v i n g subsidiary banks and a f f i l i a t e d banks
l o c a t e d w i t h i n t h e Denver, Colorado m e t r o p o l i t a n a r e a
(8/3/82) 3/
West Coast Bancorp, Encino, 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 a c q u i r i n g , f o r i t s own account loans and o t h e r e x t e n s i o n s of
c r e d i t such a s would be made or a c q u i r e d by a f i n a n c e
company, i n c l u d i n g commercial l o a n s secured by a
b o r r o w e r ' s i n v e n t o r y , accounts r e c e i v a b l e , or o t h e r
a s s e t s and s e r v i c i n g of t h e s e l o a n s ) a t 16311 Ventura
B o u l e v a r d , Encino, C a l i f o r n i a and 1212 North Broadway,
Santa Ana, C a l i f o r n i a , t h r o u g h i t s s u b s i d i a r y , West Coast
Business C r e d i t , Inc. ( 8 / 7 / 8 2 ) 3/
1/
A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under d e l e g a t e d
authority.
17
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
I
H.2, 1 9 8 2 N o . 32
- 1 1 ACTIONS OF THE BOARP-Continued
New York
Permitted
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Homeowners, I n c . and t o expand t h e a c t i v i t i e s and s e r v i c e
a r e a of an e x i s t i n g o f f i c e of i t s s u b s i d i a r y , C i t i c o r p
P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . a t t h e same
l o c a t i o n ; t h e new a c t i v i t i e s in which t h e C i t i c o r p
Person-to-Person Financial Center, Inc. o f f i c e proposes
t o engage de novo a r e ( 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 t h e account of
o t h e r s , of e x t e n s i o n s 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 r e a l e s t a t e ;
and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y
i n s u r a n c e 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
l o a n s ; t h e proposed s e r v i c e a r e a f o r t h e a f o r e m e n t i o n e d
proposed a c t i v i t i e s s h a l l be comprised of t h e e n t i r e
S t a t e of I n d i a n a ; t h e proposed expanded s e r v i c e a r e a
of t h e C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c .
o f f i c e s h a l l be t h e e n t i r e S t a t e of Indiana f o r a
p o r t i o n of i t s p r e v i o u s l y approved a c t i v i t i e s , s p e c i f i c a l l y ,
t h e making or a c q u i r i n g of l o a n s and o t h e r e x t e n s i o n s of
c r e d i t , s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ; 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 a c c i d e n t and
h e a l t h or d e c r e a s i n g or l e v e l ( i n t h e c a s e of s i n g l e
payment l o a n s ) term l i f e i n s u r a n c e by l i c e n s e d a g e n t s or
b r o k e r s , a s r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; and t h e s e r v i c i n g , f o r any
p e r s o n , 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 ; t h e
a c t i v i t i e s in which t h e proposed de novo o f f i c e of
C i t i c o r p Homeowners, I n c . w i l l engage a r e : t h e making
or a c q u i r i n g 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 ,
s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ;
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 a c c i d e n t and h e a l t h
or d e c r e a s i n g or l e v e l (in t h e c a s e of s i n g l e payment
l o a n s ) term l i f e i n s u r a n c e by l i c e n s e d a g e n t s or b r o k e r s ,
a s r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l
management c o u r s e s ; t h e s e r v i c i n g , f o r any p e r s o n , of
l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; t h e making, a c q u i r ing and s e r v i c i n g , f o r i t s own account and f o r t h e a c count of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s
s e c u r e d 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 r e a l
e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 m o r t gage l o a n s ; t h e proposed s e r v i c e a r e a of C i t i c o r p Homeowners, I n c . s h a l l be comprised of t h e e n t i r e S t a t e of
Indiana f o r a l l t h e a f o r e m e n t i o n e d a c t i v i t i e s ; c r e d i t
r e l a t e d l i f e , a c c i d e n t , and h e a l t h i n s u r a n c e may be
w r i t t e n by Family Guardian L i f e I n s u r a n c e Company, an
a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r ,
I n c . and C i t i c o r p Homeowners, I n c . ) a t 9000 Keystone
Crossing, I n d i a n a p o l i s , Indiana, through i t s s u b s i d i a r i e s ,
H.2, 1982 No. 32
- 1 2 -
ACTIONS OF THE BQARD-Continued
C i t i c o r p Homeowners, I n c . and C i t i c o r p P e r s o n - t o - P e r s o n
F i n a n c i a l C e n t e r , I n c . ( 7 / 3 1 / 8 2 ) 3/
New York
37
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Homeowners, I n c . and t o expand t h e a c t i v i t i e s and s e r v i c e
a r e a of an e x i s t i n g o f f i c e of C i t i c o r p P e r s o n - t o - P e r s o n
F i n a n c i a l Center a t t h e same l o c a t i o n ; t h e new a c t i v i t i e s
in which t h e C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r ,
I n c . o f f i c e proposes t o engage de novo a r e ( 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 t h e
acco u n t of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s
s e c u r e d 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 r e a l
e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 m o r t gage l o a n s ; t h e proposed s e r v i c e a r e a f o r t h e a f o r e m e n t i o n e d
proposed a c t i v i t i e s s h a l l be comprised of t h e e n t i r e S t a t e
of Oklahoma; t h e proposed expanded s e r v i c e a r e a of t h e
Citicorp Person-to-Person Financial Center, Inc. o f f i c e
s h a l l be t h e e n t i r e S t a t e of Oklahoma f o r a p o r t i o n of i t s
p r e v i o u s l y approved a c t i v i t i e s , s p e c i f i c a l l y , t h e making
or a c q u i r i n g of l o a n s and o t h e r e x t e n s i o n s of c r e d i t ,
s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ;
t h e e x t e n s i o n of l o a n s t o d e a l e r s f o r t h e f i n a n c i n g of
i n v e n t o r y ( f l o o r p l a n n i n g ) and working c a p i t a l p u r p o s e s ;
t h e p u r c h a s i n g and s e r v i c i n g f o r i t s own account of
s a l e s f i n a n c e c o n t r a c t s ; 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 a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l
(in t h e c a s e of s i n g l e payment l o a n s ) term l i f e i n s u r ance by l i c e n s e d a g e n t s or b r o k e r s , a s r e q u i r e d ; t h e
s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ;
and t h e s e r v i c i n g , f o r any p e r s o n , of l o a n s and o t h e r
e x t e n s i o n s of c r e d i t ; t h e a c t i v i t i e s in which t h e p r o posed de novo o f f i c e of C i t i c o r p Homeowners, I n c .
w i l l engage a r e : t h e making or a c q u i r i n g of l o a n s
and o t h e r e x t e n s i o n s of c r e d i t , s e c u r e d or u n s e c u r e d ,
f o r consumer and o t h e r p u r p o s e s ; 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 a c c i d e n t and h e a l t h or d e c r e a s i n g
or l e v e l (in t h e c a s e of s i n g l e payment l o a n s ) term
l i f e i n s u r a n c e by l i c e n s e d a g e n t s or b r o k e r s , a s
r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l
management c o u r s e s ; t h e s e r v i c i n g , f o r any p e r s o n ,
of l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; 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
t h e account of o t h e r s , of e x t e n s i o n s 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 non-
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
H . 2 , 1982 No. 32
- 13 ACTIONS OF THE BOARP-Continued
r e s i d e n t i a l r e a l 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 i n s u r a n c e 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 l o a n s ; t h e proposed s e r v i c e area
of C i t i c o r p Homeowners, I n c . s h a l l be comprised of t h e
e n t i r e S t a t e of Oklahoma f o r a l l t h e a f o r e m e n t i o n e d
a c t i v i t i e s ; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h
i n s u r a n c e may be w r i t t e n by Family Guardian L i f e I n s u r ance Company, an a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n
F i n a n c i a l C e n t e r , I n c . and C i t i c o r p Homeowners, I n c . )
a t 3525 NW 56th S t r e e t , Oklahoma C i t y , Oklahoma, through
i t s u b s i d i a r i e s , Citicorp Person-to-Person Financial
C e n t e r , I n c . and C i t i c o r p Homeowners, I n c . ( 7 / 3 1 / 8 2 ) 3/
New York
TJ
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Homeowners,""Inc. and t o expand t h e a c t i v i t i e s and s e r v i c e
a r e a of an e x i s t i n g o f f i c e of C i t i c o r p P e r s o n - t o - P e r s o n
Mortgage C o r p o r a t i o n , a t t h e same l o c a t i o n , t h e new
a c t i v i t i e s in which t h e o f f i c e or C i t i c o r p P e r s o n - t o Person Mortgage C o r p o r a t i o n p r o p o s e s t o engage de novo
a r e ( 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
a c c o u n t and f o r t h e account of o t h e r s , of e x t e n s i o n s of
c r e d i t t o i n d i v i d u a l s s e c u r e d 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 r e a l e s t a t e ; and t h e s a l e of mortgage
l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 l o a n s ; t h e proposed s e r v i c e a r e a
f o r t h e a f o r e m e n t i o n e d proposed a c t i v i t i e s s h a l l be
comprised of t h e e n t i r e S t a t e s of Ohio, I n d i a n a and
Kentucky; t h e proposed expanded s e r v i c e a r e a of t h e
C i t i c o r p P e r s o n - t o - P e r s o n Mortgage C o r p o r a t i o n o f f i c e
s h a l l be t h e e n t i r e S t a t e s of Ohio, I n d i a n a and
Kentucky f o r a l l of i t s p r e v i o u s l y approved a c t i v i t i e s ,
s p e c i f i c a l l y , t h e making or a c q u i r i n g of l o a n s and
o t h e r e x t e n s i o n s of c r e d i t , s e c u r e d or u n s e c u r e d , f o r
consumer and o t h e r p u r p o s e s ; t h e e x t e n s i o n of l o a n s
t o d e a l e r s f o r t h e f i n a n c i n g of i n v e n t o r y ( f l o o r
p l a n n i n g and working c a p i t a l p u r p o s e s ; t h e p u r c h a s ing and s e r v i c i n g f o r i t s own account of s a l e s f i nance c o n t r a c t s ; 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
a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l (in t h e
c a s e of s i n g l e payment l o a n s ) term l i f e i n s u r a n c e
by l i c e n s e d a g e n t s or b r o k e r s , a s r e q u i r e d ; t h e s a l e
of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e
s e r v i c i n g , f o r any p e r s o n , of l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; and t h e making of l o a n s t o i n d i v i d u a l s
and b u s i n e s s e s secured by second mortgage l i e n s ; t h e
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
H.2, 1982 No. 32
- 14 ACTIONS OF THE BOARD-Continued
a c t i v i t i e s in which t h e proposed de novo o f f i c e of
C i t i c o r p Homeowners, I n c . w i l l engage a r e : t h e making
or a c q u i r i n g of l o a n s and o t h e r e x t e n s i o n s of c r e d i t ,
s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ;
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 a c c i d e n t and h e a l t h
or d e c r e a s i n g or l e v e l (in t h e c a s e of s i n g l e payment
l o a n s ) term l i f e i n s u r a n c e by l i c e n s e d a g e n t s or b r o k e r s ,
a s r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l
management c o u r s e s ; t h e s e r v i c i n g , f o r any p e r s o n , of
l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; t h e making, a c q u i r ing and s e r v i c i n g , f o r i t s own account and f o r t h e a c count of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s
s e c u r e d 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 r e a l
e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 l o a n s , t h e proposed s e r v i c e a r e a of C i t i c o r p
Homeowners, I n c . s h a l l be comprised of t h e e n t i r e S t a t e s
of Ohio, Indiana and Kentucky f o r a l l t h e a f o r e m e n t i o n e d
a c t i v i t i e s ; c r e d i t r e l a t e d l i f e , a c c i d e n t and h e a l t h
i n s u r a n c e may be w r i t t e n by Family Guardian L i f e I n s u r ance Company, an a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n
Mortgage C o r p o r a t i o n and C i t i c o r p Homeowners, I n c . ) a t E x e c u t i v e
Plaza I , 144 Merchant S t r e e t , S p r i n g d a l e , Ohio, 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
P e r s o n - t o - P e r s o n Mortgage C o r p o r a t i o n ( 7 / 3 1 / 8 2 ) 3/
New York
77
C i t i c o r p , New York, New York, r e q u e s t s permission t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Homeowners, I n c . and t o expand t h e a c t i v i t i e s of an e x i s t i n g
o f f i c e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r ,
I n c . a t t h e same l o c a t i o n ; t h e new a c t i v i t i e s in which
the Citicorp Person-to-Person Financial Center, Inc.
o f f i c e proposes t o engage de novo a r e ( 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 e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s
s e c u r e d 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 r e a l
e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 l o a n s ; t h e proposed s e r v i c e a r e a f o r t h e a f o r e mentioned proposed a c t i v i t i e s s h a l l be comprised of the
e n t i r e S t a t e of Oklahoma; t h e a c t i v i t i e s in which t h e p r o posed de novo o f f i c e of C i t i c o r p Homeowners, I n c . w i l l
engage a r e : t h e making or a c q u i r i n g 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 , s e c u r e d or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ; 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 a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l (in
t h e c a s e of s i n g l e payment l o a n s ) term l i f e i n s u r a n c e
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
H.2, 1982 No. 32
- 15 ACTIONS Of THE BOARD-Continued
by l i c e n s e d a g e n t s or b r o k e r s , a s r e q u i r e d ; t h e s a l e
of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e
s e r v i c i n g , f o r any p e r s o n , 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 ; 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 acco u n t and f o r the account of o t h e r s , of e x t e n s i o n s
of c r e d i t t o i n d i v i d u a l s s e c u r e d 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 r e a l e s t a t e ; and t h e s a l e of mortgage
l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 l o a n s ; t h e proposed s e r v i c e
a r e a of C i t i c o r p Homeowners, I n c . s h a l l be comprised of
t h e e n t i r e S t a t e of Oklahoma f o r a l l t h e a f o r e m e n t i o n e d
a c t i v i t i e s ; c r e d i t r e l a t e d l i f e , a c c i d e n t and h e a l t h
i n s u r a n c e may be w r i t t e n by Family Guardian L i f e I n s u r ance Company, an a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n
F i n a n c i a l C e n t e r , I n c . and C i t i c o r p Homeowners, I n c . ) a t
6733 South Yale Avenue, T u l s a , Oklahoma, 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
P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . ( 7 / 3 1 / 8 2 ) 3/
New York
37
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p
Homeowners, I n c . and t o expand t h e a c t i v i t i e s of an
e x i s t i n g o f f i c e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l
Center of F l o r i d a , I n c . a t t h e same l o c a t i o n ; t h e
a c t i v i t i e s in which C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l
Center of F l o r i d a , I n c . p r o p o s e s t o engage de novo a r e
( 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 iTs own a c count and f o r t h e account of o t h e r s , of e x t e n s i o n s of c r e d i t
t o i n d i v i d u a l s s e c u r e d 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 r e a l e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage
d i s a b i l i t y i n s u r a n c e 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 l o a n s ; t h e proposed s e r v i c e a r e a f o r t h e a f o r e mentioned a c t i v i t i e s s h a l l be comprised of t h e e n t i r e
S t a t e of F l o r i d a ; t h e a c t i v i t i e s in which t h e proposed
de novo o f f i c e of C i t i c o r p Homeowners, I n c . w i l l engage
a r e : t h e making, or a c q u i r i n g of l o a n s and o t h e r e x t e n s i o n s of c r e d i t , s e c u r e d or u n s e c u r e d , f o r consumer and
o t h e r p u r p o s e s ; 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
a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l ( i n t h e c a s e
of s i n g l e payment l o a n s ) term l i f e i n s u r a n c e by l i c e n s e d
a g e n t s or b r o k e r s , a s r e q u i r e d ; t h e s e r v i c i n g , f o r any
p e r s o n , 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 ; t h e maki n g , 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
t h e a c c o u n t of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n -
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 d e l e g a t e d a u t h o r i t y .
H.2, 1982 No. 32
-
16
-
ACTIONS OF THE BQARP-Continued
d i v i d u a l s s e c u r e d 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
r e a l e s t a t e ; t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 l o a n s ; and t h e s a l e of consumer o r i e n t e d f i n a n c i a l
management c o u r s e s ; t h e proposed s e r v i c e a r e a f o r t h e
de novo o f f i c e s h a l l be comprised of t h e e n t i r e S t a t e of
F l o r i d a f o r a l l t h e a f o r e m e n t i o n e d proposed a c t i v i t i e s ;
c r e d i t r e l a t e d l i f e , a c c i d e n t and h e a l t h i n s u r a n c e may
be w r i t t e n by Family Guardian L i f e Insurance Company, an
a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l Center
of F l o r i d a , I n c . and C i t i c o r p Homeowners, I n c . ) a t 124 E.
C o lo n ial D r i v e , O r l a n d o , F l o r i d a , t h r o u g h 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 P e r s o n - t o - P e r s o n
F i n a n c i a l Center of F l o r i d a , I n c . ( 7 / 3 1 / 8 2 ) 3/
New York
3/
C i t i c o r p , New York, New York, r e q u e s t s permission t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p
Homeowners, I n c . and t o expand t h e a c t i v i t i e s of an
e x i s t i n g o f f i c e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l
C e n t e r , I n c . a t t h e same l o c a t i o n , t h e new a c t i v i t i e s
in which t h e C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r ,
I n c . o f f i c e proposes t o engage de novo a r e ( 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
t h e a c c o u n t of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s s e c u r e d 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
r e a l e s t a t e ; t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e 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 l o a n s ; and t h e s a l e of consumer o r i e n t e d f i n a n c i a l
management c o u r s e s ; t h e proposed s e r v i c e a r e a f o r t h e
a f o r e m e n t i o n e d proposed a c t i v i t i e s s h a l l be comprised
of t h e e n t i r e S t a t e of L o u i s i a n a ; t h e a c t i v i t i e s in which
t h e proposed de novo o f f i c e of C i t i c o r p Homeowners, I n c .
w i l l engage a r e : t h e making or a c q u i r i n g of l o a n s and
o t h e r e x t e n s i o n s of c r e d i t , s e c u r e d or u n s e c u r e d , f o r
consumer and o t h e r p u r p o s e s ; 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 a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l (in
t h e c a s e of s i n g l e payment l o a n s ) term l i f e i n s u r a n c e by
l i c e n s e d a g e n t s or b r o k e r s , as r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e s e r v i c i n g ,
f o r any p e r s o n , of l o a n s and o t h e r e x t e n s i o n s of c r e d i t ;
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 t h e account of o t h e r s , of e x t e n s i o n s of c r e d i t t o
i n d i v i d u a l s s e c u r e d 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
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
H.2, 1982 No. 32
- 17 ACTIONS OF THE BOARD-Continued
r e a l e s t a t e ; and the s a l e of mortgage l i f e and mortgage di
a b i l i t y i n s u r a n c e 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 l o a n s ; t h e proposed s e r v i c e a r e a of C i t i c o r p Homeowners, I n c . s h a l l be comprised of t h e e n t i r e S t a t e of
L o u is ian a f o r a l l t h e a f o r e m e n t i o n e d a c t i v i t i e s ; c r e d i t
r e l a t e d l i f e , a c c i d e n t , and h e a l t h i n s u r a n c e may be
w r i t t e n by Family Guardian L i f e I n s u r a n c e Company, an
a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r ,
I n c . and C i t i c o r p Homeowners, I n c . ) a t 3636 S. Sherwood
F o r e s t B l v d . , Baton Rouge, L o u i s i a n a , through i t s subs 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 Persont o - P e r s o n F i n a n c i a l C e n t e r , I n c . ( 7 / 3 1 / 8 2 ) 3/
New York
C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h a de novo o f f i c e engaging in t h e f o l l o w i n g
a c t i v i t i e s ( l e a s i n g p e r s o n a l or r e a l p r o p e r t y or
a c t i n g as a g e n t , b r o k e r , or a d v i s e r in l e a s i n g such
p r o p e r t y 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 e d 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 f u n c t i o n a l
e q u i v a l e n t of an e x t e n s i o n of c r e d i t t o t h e l e s s e e of
t h e p r o p e r t y ) a t 2735 V i l l a Creek D r i v e , S u i t e 165, Two
Metro S q u a r e , D a l l a s , Texas, s e r v i n g t h e S t a t e s of Texas
and Southwestern Oklahoma, t h r o u g h i t s s u b s i d i a r y ,
C i t i c o r p I n d u s t r i a l C r e d i t , I n c . ( 7 / 3 1 / 8 2 ) 3/
New York
M a n u f a c t u r e r s Hanover C o r p o r a t i o n , New York, New York,
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 t h e a c t i v i t y of r e i n s u r i n g c r e d i t r e l a t e d s i n g l e
and j o i n t l i f e i n s u r a n c e s o l d in c o n n e c t i o n with e x t e n s i o n s of c r e d i t by A p p l i c a n t ' s consumer f i n a n c e
s u b s i d i a r i e s in t h e S t a t e of New Mexico) through i t s
i n d i r e c t s u b s i d i a r y , Tempco L i f e I n s u r a n c e Company
(8/4/82) 3/
New York
N o r t h e a s t Bancorp I n c o r p o r a t e d , New Haven, C o n n e c t i c u t ,
r e q u e s t s permission t o e s t a b l i s h a de novo o f f i c e e n gaging in t h e f o l l o w i n g a c t i v i t i e s ( t h e conduct of a
b u s i n e s s engaged in t h e i s s u a n c e and s a l e of t r a v e l e r s
c h e c k s ) a t 537 Newtown Avenue, Norwalk, C o n n e c t i c u t ,
t h r o u g h i t s s u b s i d i a r y , Union F i n a n c i a l S e r v i c e s
C o r p o r a t i o n ( 8 / 6 / 8 2 ) 3/
3/
~~
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on behalf of t h e Board
of Governors
i
H.2, 1982 No. 32
-18ACTIONS OF THE BOARD-Continued
Cleveland
Mellon National C o r p o r a t i o n , P i t t s b u r g h , P e n n s y l v a 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 in de novo a c t i v i t i e s
( l e a s i n g a c t i v i t i e s i n c l u d i n g l e a s i n g of r e a l or p e r sonal p r o p e r t y or a c t i n g as a g e n t , broker or a d v i s e r
in l e a s i n g such p r o p e r t y so t h a t t h e l e a s e w i l l
s e r v e a s t h e f u n c t i o n a l e q u i v a l e n t of an e x t e n s i o n
of c r e d i t in accordance with S e c t i o n s 2 2 5 . 4 ( a ) ( 6 ) ( a )
and (b) of Regulation Y) in D a l l a s , Texas; C l e v e l a n d ,
Ohio; A t l a n t a , G e o r g i a ; Chicago, I l l i n o i s ; and Boston,
M a s s a c h u s e t t s , through i t s s u b s i d i a r y , Mellon Leasing and Management Company ( 8 / 6 / 8 2 ) 3/
Chicago
NBD Bancorp, I n c . , D e t r o i t , Michigan, 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 ( t o a c t as agent
f o r t h e s a l e of l i f e , a c c i d e n t and h e a l t h , and a c c i d e n t a l
death and dismemberment i n s u r a n c e t h a t i s 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 c r e d i t or t h e p r o v i s i o n of o t h e r
f i n a n c i a l s e r v i c e s by i t s banks and b a n k - r e l a t e d f i r m s )
a t S u i t e 2500, 200 Renaissance C e n t e r , D e t r o i t , Michigan,
t h e g e o g r a p h i c a r e a t o be s e r v e d w i l l be t h e f o l l o w i n g
S t a t e s : Michigan, V i r g i n i a , C a l i f o r n i a , F l o r i d a , Maryland
and t h e D i s t r i c t of Columbia, t h r o u g h i t s s u b s i d i a r y , NBD
I n s u r a n c e Agency, I n c .
( 8 / 3 / 8 2 ) 3/
Kansas C i t y
Royal Dominion L t d . , Denver, C o l o r a d o , 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 a c t i v i t i e s
l i m i t e d t o p r o v i s i o n of bookkeeping, a c c o u n t i n g and
data processing s e r v i c e s , business record keeping,
s t o r a g e and r e t r i e v a l s e r v i c e s and r e l a t e d f i n a n c i a l
and a d m i n i s t r a t i v e s e r v i c e s t o a f f i l i a t e d banks and
bank s u b s i d i a r i e s ) a t 3251 Syracuse S t r e e t , Denver,
C o l o r a d o , s e r v i n g s u b s i d i a r y banks and a f f i l i a t e d banks
l o c a t e d w i t h i n t h e Denver, Colorado m e t r o p o l i t a n a r e a
(8/4/82) 3/
Dal l a s
A l l i e d B a n c s h a r e s , I n c . , Houston, T e x a 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 a c t i v i t i e s
t h a t may be 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 , i n v e s t m e n t a d v i s o r y , agency
or c u s t o d i a l n a t u r e ) a t 808 T r a v i s S t r e e t , Houston,
Texas, s e r v i n g t h e S t a t e of T e x a s , through i t s s u b s i d i a r y , A l l i e d T r u s t Company ( 8 / 6 / 8 2 ) 3/
3/
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
i
H.2, 1982 No. 32
- 19 ACTIONS OF THE BQARD-Continued
Dallas
Commerce Southwest I n c . , D a l l a s , Texas, 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 u n d e r w r i t i n g
c r e d i t l i f e i n s u r a n c 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 i s 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
c r e d i t by t h e A p p l i c a n t or i t s s u b s i d i a r i e s ) t h e s e
a c t i v i t i e s w i l l be conducted a t o f f i c e s of t h e A p p l i c a n t ' s
s u b s i d i a r i e s l o c a t e d in Addison, Texas; C a r r o l I t o n ,
Texas; D a l l a s , Texas; Houston, Texas; Kaufman, Texas;
McKirmey, Texas; R i c h a r d s o n , Texas; and Sherman, Texas;
t h e s e o f f i c e s w i l l s e r v e t h e e n t i r e S t a t e of Texas,
through i t s s u b s i d i a r y , Consumer P r o t e c t i o n L i f e I n s u r ance Company ( 8 / 6 / 8 2 ) 3/
San
Francisco
S e a f i r s t C o r p o r a t i o n , S e a t t l e , Washington, f o r approval
t o engage de novo through i t s s u b s i d i a r i e s , S e a f i r s t
U n i v e r s i t y H i l l s I n d u s t r i a l Bank and S e a f i r s t Belcaro
I n d u s t r i e I Bank, both in Denver, C o l o r a d o , in t h e
o f f e r i n g of NOW a c c o u n t s and s a v i n g s a c c o u n t s a c c e s s i b l e
by d r a f t s p a y a b l e through commercial banks and debit
c a r d s ( 8 / 6 / 8 2 ) 3/
San
Francisco
West Coast Bancorp, Encino, 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 in de novo a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account l o a n s and o t h e r e x t e n s i o n s of
c r e d i t such as would be made or a c q u i r e d by a f i n a n c e
company, i n c l u d i n g commercial loans s e c u r e d by a
b o r r o w e r ' s i n v e n t o r y , a c c o u n t s r e c e i v a b l e , or o t h e r
a s s e t s and s e r v i c i n g of t h e s e l o a n s ) a t 16311 Ventura
B o u l e v a r d , Encino, C a l i f o r n i a and 1212 North Broadway,
Santa Ana, C a l i f o r n i a , through i t s s u b s i d i a r y , West Coast
B u s i n e s s C r e d i t , I n c . ( 8 / 7 / 8 2 ) 3/
3?
4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on behalf of t h e Board
of Governors under d e l e g a t e d a u t h o r i t y .
H.2, 1982 No. 32
-20APPL1CATIONS RECEIVED
To Become a Member of the Federal Reserve System
Pursuant t o Section 9 of the Federal Reserve Act
Sdn
Francisco
Bank of Coronado, Coronado, C a l i f o r n i a .
*
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*
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 S e c t i o n s
25 and 2 5 ( a ) of t h e Federal Reserve Act and S e c t i o n s
4 ( c ) ( 9 ) and 4 { c ) ( 1 3 ) of t h e Bank Holding Company
Act of 1956, as amended
Cuicago
F i r s t National Bank of Chicago, on b e h a l f of F i r s t Chicago
I n t e r n a t i o n a l Finance C o r p o r a t i o n : 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 investment in P.T. Indonesian
Investments I n t e r n a t i o n a l ,
;>o?i
francisco
F i r s t I n t e r s t a t e Bancorp, Los A n g e l e s , C a l i f o r n i a : r e q u e s t s
s p e c i f i c c o n s e n t t o a c q u i r e , d i r e c t l y and i n d i r e c t l y through
i t s domestic s u b s i d i a r y b a n k s , a l l of t h e s h a r e s of F i r s t
i n t e r s t a t e L i m i t e d , Grand Cayman, Cayman I s l a n d s and F i r s t
I n t e r s t a t e Bank of C a l i f o r n i a , Los A n g e l e s , C a l i f o r n i a :
r e q u e s t s s p e c i f i c c o n s e n t t o a c q u i r e 19.5 p e r c e n t of t h e
s h a r e s of FIL.
*
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*
To E s t a b l i s h an Overseas Branch of a Member Bank
Pursuant t o Section 25 of the Federal Reserve Act
San
Francisco
Mel Is Fargo Bank, N.A., San F r a n c i s c o , C a l i f o r n i a : prior
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 o f f s h o r e banking
u n i t in the P h i l i p p i n e s .
To Form a Bank Holding Company Pursuant t o Section
3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956
Philadelphia
F i r s t Bath Corporation, Bath, Pennsylvania, for approval
to acquire 100 percent of the voting shares of F i r s t
H . 2 , 1982 No. 32
-
21 -
APPLICATIONS RECEIVED-Continued
N a t i o n a l Bank of B a t h , B a t h , P e n n s y l v a n i a . 2J
Philadelphia
Peoples N a t i o n a l Bancorp, I n c . , S t a t e C o l l e g e , P e n n s y l v a n i a ,
f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of
t h e Peoples National Bank of C e n t r a l P e n n s y l v a n i a , S t a t e
C o l l e g e , P e n n s y l v a n i a . 2/
Richmond
N a t i o n a l Banc of Commerce Company, C h a r l e s t o n , West V i r g i n i a ,
f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s
of The National Bank of Commerce of C h a r l e s t o n , C h a r l e s t o n ,
West V i r g i n i a . 2 /
Atlanta
Dixie Bancorp, I n c . , Miami, F l o r i d a , f o r approval t o a c q u i r e
100 p e r c e n t of t h e v o t i n g s h a r e s of Dixie F i n a n c i a l S e r v i oc e s ,
Miami, F l o r i d a . 2/
Atlanta
Dixie F i n a n c i a l S e r v i c e s , Miami, F l o r i d a , f o r approval t o
a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Dixie
National Bank of Dade County, Miami, F l o r i d a . 2/
Chicago
NORSUB CORPORATION, Chicago, I l l i n o i s , f o r approval t o r e t a i n
100 p e r c e n t of t h e v o t i n g s h a r e s ( l e s s d i r e c t o r s ' q u a l i f y i n g
s h a r e s ) of 0 ' H a r e I n t e r n a t i o n a l Bank, National A s s o c i a t i o n ,
C h i c a g o , I l l i n o i s . 2/
Chicago
North Side Bancorp, I n c . , R a c i n e , Wisconsin, f o r approval t o
a c q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of North
Side Bank, R a c i n e , Wisconsin, and 100 p e r c e n t of t h e
v o t i n g s h a r e s of North Side Bank of C a l e d o n i a , C a l e d o n i a ,
Wisconsin, a proposed new bank. 2/
Chicago
Robuck I n c . , South Sioux C i t y , Nebraska, f o r approval t o
a c q u i r e 90 p e r c e n t or more of t h e v o t i n g s h a r e s of The
S t a t e Savings Bank, H o r n i c k , Iowa. 2/
S t . Louis
Columbia B a n c s h a r e s , I n c . , Columbia, I l l i n o i s , f o r approval
t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of
Columbia N a t i o n a l Bank, Columbia, I l l i n o i s . 2/
S t . Louis
F r a n k l i n Bancorp, I n c . , F r a n k l i n , Kentucky, f o r approval t o
a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of
t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o F r a n k l i n
Bank and T r u s t Company, F r a n k l i n , Kentucky. 2 /
S t . Louis
Rich Land Bancorp, I n c . , Olney, I l l i n o i s , f o r approval t o a c q u i r e
100 p e r c e n t ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of Olney
T r u s t Bank, Olney, I l l i n o i s , s u c c e s s o r by merger t o
Olney T r u s t and Banking Company, Olney, I l l i n o i s . 2 /
~T)
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 be c o n t a c t e d
a s t o the l e n g t h of the comment p e r i o d .
H.2, 1982 No. 32
- 2 2 -
APPLICATIONS RECEIVED-Continued
Kansas City
F i r s t National Bancshares of W e a t h e r f o r d , I n c . , W e a t h e r f o r d ,
Oklahoma, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e
v o t i n g s h a r e s of F i r s t National Bank of W e a t h e r f o r d , W e a t h e r f o r d ,
Oklahoma. 2/
Kansas C i t y
Haskell B a n c o r p o r a t i o n , I n c . , H a s k e l l , Oklahoma, f o r approval
t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of The F i r s t
Bank of H a s k e l l , H a s k e l l , Oklahoma. 2/
Dal l a s
F i r s t Republic B a n c s h a r e s , I n c . , R a y v i l l e , L o u i s i a n a , f o r
approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s
of F i r s t Republic Bank, R a y v i l l e L o u i s i a n a . 2/
Dal l a s
Humble B a n c s h a r e s , I n c . , Humble, T e x a s , f o r approval t o a c q u i r e
100 p e r c e n t of t h e v o t i n g s h a r e s of Humble National Bank,
Humble, Texas. 2/
Dal l a s
Nacogdoches Commercial B a n c s h a r e s , I n c . , Nacogdoches, Texas,
f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s
of Commercial National Bank in Nacogdches, Nacogdoches, Texas. 2/
San
Francisco
P a c i f i c National B a n c s h a r e s , Eureka, C a l i f o r n i a , f o r approval t o
a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The F i r s t
National Bank of Willows, Willows, C a l i f o r n i a . 2/
* * * * *
To Expand a Bank Holding Company Pursuant t o S e c t i o n
3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956
Atlanta
E l l i s Banking C o r p o r a t i o n , B r a d e n t o n , F l o r i d a , f o r approval
to a c q u i r e a t l e a s t 51 p e r c e n t or more of t h e v o t i n g s h a r e s
of Highlands County Bank of Avon P a r k , Avon P a r k , F l o r i d a . 2/
S t . Louis
Union I l l i n o i s Company, East S t . L o u i s , I l l i n o i s , f o r approval
t o a c q u i r e up t o 27 p e r c e n t of t h e v o t i n g s h a r e s of Columbia
National Bank, Columbia, I l l i n o i s . 2 /
Kansas City
Colorado National B a n k s h a r e s , I n c . , Denver, C o l o r a d o , f o r
approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of
Colorado N a t i o n a l Bank - S o u t h w e s t , S o u t h w e s t , C o l o r a d o ,
a proposed new bank. 2/
Dallas
M e r c a n t i l e Texas C o r p o r a t i o n , D a l l a s , Texas, f o r a p 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 v o t i n g s h a r e s of Abilene
National Bank, A b i l e n e , Texas. 2 /
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 be c o n t a c t e d
as t o t h e l e n g t h of t h e comment p e r i o d .
i
H . 2 , 1982 No. 32
- 23 APPLICATIONS RECEIVED-Continued
Dal l a s
Texas Commerce B a n c s h a r e s , I n c . , Houston, Texas, f o r approval
t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Texas
Commerce B a n k - N o r t h c r o s s , N.A., A u s t i n , Texas, a proposed
new bank. 2 /
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To Expand a Bank Holding Company Purusuant t o Section
4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956
New York
M i d l a n t i c Banks I n c . , E d i s o n , New J e r s e y , f o r approval t o
a c q u i r e d i r e c t l y 50 p e r c e n t of t h e v o t i n g s h a r e s of
M i d l a n t i c / F l o r i d a Coast Holdings I n c . , E d i s o n , New J e r s e y ,
and t h e r e b y t o engage i n d i r e c t l y in t r u s t a c t i v i t i e s
t h r o u g h F l o r i d a Coast M i d l a n t i c T r u s t Company, National
A s s o c i a t i o n , Lighthouse P o i n t , F l o r i d a , a proposed de
novo t r u s t company.
Cleveland
A m e r i t r u s t C o r p o r a t i o n , C l e v e l a n d , Ohio, 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 (making or 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 t h e account of
o t h e r s , l o a n s and e x t e n s i o n s of c r e d i t i n c l u d i n g commercial
l o a n s s e c u r e d by a b o r r o w e r ' s i n v e n t o r y , a c c o u n t s r e c e i v a b l e ,
making l e a s e s of p e r s o n a l p r o p e r t y or a c t i n g as a g e n t , broker
or a d v i s o r in l e a s i n g such p r o p e r t y and o t h e r e x t e n s i o n s of
c r e d i t such as would be made by a commercial f i n a n c e company)
a t Diamond Shamrock B u i l d i n g , D a l l a s , Texas, t h e geographic
a r e a t o be s e r v e d i s t h e D a l l a s SMSA, t h r o u g h i t s s u b s i d i a r y ,
AT F i n a n c i a l C o r p o r a t i o n ( 7 / 3 0 / 8 2 )
Atlanta
Cen-La B a n c s h a r e s , I n c . , M a r k s v i l l e , L o u i s i a n a , 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 ( t h e s a l e of
g e n e r a l i n s u r a n c e in a town with a p o p u l a t i o n not exceeding
f i v e t h o u s a n d ; t h e t y p e s of i n s u r a n c e s o l d w i l l be a l l t y p e s
of l i f e i n s u r a n c e , h e a l t h and d i s a b i l i t y , f i r e and c a s u a l t y
and a u t o m o t i v e ) a t 208 South Main S t r e e t , M a r k s v i l l e ,
L o u i s i a n a , t h e a r e a t o be s e r v e d w i l l be t h e C e n t r a l Louis ia na
a r e a , p r i n c i p a l l y in and around A voye lle s P a r i s h , through i t s
s u b s i d i a r y , Cenla I n s u r a n c e Agency, I n c .
(8/5/82)
Atlanta
Landmark Banking C o r p o r a t i o n of F l o r i d a , F t . L a u d e r d a l e , F l o r d i 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 (as
p r i n c i p a l , a g e n t , b r o k e r or a d v i s o r f o r t h e l e a s i n g of p e r s o n a l
p r o p e r t y , mainly o f f i c e and o t h e r e q u i p m e n t , and as agent or
b r o k e r f o r t h e s e l l 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 d e n t and
h e a l t h i n s u r a n c e ) a t 2225 East Rando1 Mill Road, S u i t e 528,
2/
A p p l i c a t i o n s u b j e c t t o Community Reinvestment A c t . 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 c o n t a c t e d
a s t o t h e l e n g t h of t h e comment p e r i o d .
H.2, 1982 No. 32
- 24 APPLICATIONS RECEIVED-Continued
A r l i n g t o n , Texas, geographic a r e a s t o be served a r e the
s t a t e s of Texas, Oklahoma, L o u s i a n a , and New Mexico, through
i t s s u b s i d i a r i e s , C a p i t a l America, I n c . , and C a p i t a l A s s o c i a t e s ,
Inc.
(7/28/82)
San
Francisco
Puget Sound Bancorp, Tacoma, Washington, f o r approval t o
a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of PS Mortgage
C o r p o r a t i o n , S e a t t l e , Washington, Washington Leasing
C o r p o r a t i o n , S e a t t l e , Washington, and A f f i l i a t e d Escrow,
I n c . , S e a t t l e , Washington.
San
Franci sco
S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , 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 in de novo a c t i v i t i e s (making
or a c q u i r i n g f o r i t s own account or f o r t h e account of o t h e r s ,
l o a n s and e x t e n s i o n s of c r e d i t , i n c l u d i n g making consumer
i n s t a l l m e n t p e r s o n a l l o a n s , p u r c h a s i n g consumer 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 t o small b u s i n e s s e s and
o t h e r e x t e n s i o n s of c r e d i t such as would be made by a
f a c t o r i n g company or a consumer f i n a n c e company, and a c t i n g
a s b r o k e r or agent f o r 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 and c r e d i t p r o p e r t y i n s u r a n c e ) from
337 South Kennedy D r i v e , B r a d l e y , I l l i n o i s , t o Homewood,
I l l i n o i s , s e r v i n g t h e S t a t e of I l l i n o i s , through i t s subs i d i a r y , S e c u r i t y P a c i f i c Finance Corp.
(8/5/82)
San
Francisco
Utah B a n c o r p o r a t i o n , S a l t Lake C i t y , Utah, 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 ( f o r t h e i n d u s t r i a l
loan c o r p o r a t i o n a c t i v i t i e s of t h e s u b s i d i a r y in t h e manner
a u t h o r i z e d by Utah s t a t e law, i n c l u d i n g t h e a c c e p t a n c e of
time and s a v i n g s d e p o s i t s and making, a c q u i r i n g and s e r v i c i n g
l o a n s and o t h e r e x t e n s i o n s of c r e d i t ) a t t h e c o r n e r of
2300 East and 3300 S o u t h , S a l t Lake C i t y , Utah, s e r v i n g
t h e market a r e a s u r r o u n d i n g t h e l o c a t i o n , t h r o u g h i t s
s u b s i d i a r y , I n t e r m o u n t a i n T h r i f t and Loan ( 8 / 7 / 8 2 )
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REPORTS RECEIVED
Tender O f f e r Statement F i l e d Pursuant t o S e c t i o n 14(d)
of t h e S e c u r i t i e s Exchange Act
Richmond
The Bank of Vienna, Vienna, V i r g i n i a .
( F i l e d by Bank of V i r g i n i a , Richmond, V i r g i n i a )
H.2, 1982 No. 32
- 25 APPLICATIONS RECEIVED-Continued
PET I TONS FOR RULEMAKING
None.
N
@FedFRASER