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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H . 2 , 1983 No. 49
A c t i o n s of t h e B o a r d ; A p p l i c a t i o n s and R e p o r t s
R e c e i v e d D u r i n g t h e Week Ending December 10, 1983
APPLICABLE
RESERVE BANK
ACTIONS OF THE BOARD
Boston
D e r e g i s t r a t i o n f o r Ambac I n d u s t r i e s , H a r t f o r d ,
C o n n e c t i c u t ; C h o m e r i c s , I n c . , Woburn, M a s s a c h u s e t t s ;
C i t i z e n s C r e d i t Union, New B e d f o r d , M a s s a c h u s e t t s ;
S t . J o s e p h C r e d i t U n i o n , S a l e m , M a s s a c h u s e t t s ; and
T r a v e l e r s I n s u r a n c e C o . , H a r t f o r d , C o n n e c t i c u t . J_/
Philadelphia
Comm. B a n c o r p , I n c . , F o r e s t C i t y , P e n n s y l v a n i a ,
e x t e n s i o n of t i m e t o March 7 , 1984, w i t h i n which
t o form a bank h o l d i n g company t h r o u g h t h e a c q u i s i t i o n
of Community N a t i o n a l Bank, F o r e s t C i t y , P e n n s y l v a n i a . _]_/
Cleveland
S o u t h e a s t B a n c o r p . , C o r b i n , K e n t u c k y , e x t e n s i o n of t i m e
t o F e b r u a r y 2 6 , 1984, w i t h i n which t o a c q u i r e The
F i r s t N a t i o n a l Bank and T r u s t Company of C o r b i n ,
C o r b i n , K e n t u c k y . ]_/
Richmond
Cumberland Bank and T r u s t Company, Grundy, V i r g i n i a ,
p r o p o s e d a c q u i s i t i o n of t h e N o r t o n , and Wise, V i r g i n i a
b r a n c h o f f i c e s of V i r g i n i a N a t i o n a l Bank, N o r f o l k ;
and t h e C o e b u r n , V i r g i n i a , o f f i c e of The Wise County
N a t i o n a l Bank, Wise, V i r g i n i a ; 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 . ]_/
Richmond
S o u t h e r n Bank, Richmond, V i r g i n i a , p r o p o s e d a c q u i s i t i o n
of a s s e t s and a s s u m p t i o n of l i a b i l i t i e s of t h e
W i l l i a m s b u r g , V i r g i n i a , o f f i c e of A t l a n t i c Permanent
F e d e r a l S a v i n g s and Loan A s s o c i a t i o n , N o r f o l k , V i r g i n i a ;
r e p o r t t o t h e Federal Deposit Insurance Corporation
on c o m p e t i t i v e f a c t o r s . ]_/
Richmond
Community Bank & T r u s t , N a t i o n a l A s s o c i a t i o n , F a i r m o n t ,
West V i r g i n i a , p r o p o s e d m e r g e r w i t h Community N a t i o n a l
Bank, F a i r m o n t , West V i r g i n i a , a p r o p o s e d new b a n k ;
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/
2/
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 G o v e r n o r s under
delegated authority.
H.P, 3983 No. 49
ACTIONS Of THE BOARD - C o n t i n u e d
%
*a
T r u s t Company Bank, A t l a n t a , G e o r g i a , an i n v e s t m e n t in
bank p r e m i s e s . 2 /
Atlanta
S t . t e r n a r d Bank & T r u s t Company, A r a b i , L o u i s i a n a , an
i r i t < / ' i e n t in hank p r e m i s e s . ] /
Atlanta
F a r m e r s Bank, P o r t l a n d , T e n n e s s e e , p r o p o s e d merger
w i t h U n i t e d S o u t h e r n Bank of R o b e r t s o n C o u n t y ,
S p r i n g f i e l d , Tennessee; r e p o r t to t h e Federal
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 . 2 /
Atlanta
C i t r u s Park Bank, Tampa, F l o r i d a , p r o p o s e d m e r g e r w i t h
C i t r u s Park Interim Bank, Tampa, F l o r i d a ; 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/
At Santa
F i r s t American National Bank o f K n o x v i l i e , K n o x v i l i e ,
T e n n e s s e e , proposed merger with F i r s t American N a t i o n a l
Bank i f Anderson County, C l i n t o n , T e n n e s s e e ; r e p o r t
t o thn Comptroller of t h e C u r r e n c y on c o m p e t i t i v e
factors, j '
Mcacf
Chicago
l o w e s t ^an* and Trust Company, Elmwood P a r k , I l l i n o i s ,
t o nert;e w i t h Interim Bank of t h e Midwest, Elmwood
P a r t , I l l i n o i s , under t h e c h a r t e r of The I n t e r i m Bank
of - n e Midwest and t i t l e of Midwest Bank and T r u s t
Cor'pany; report 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 c r u c n * t i o n on c o m p e t i t i v e f a c t o r s . 2 /
H e r i t a g e Sank of Oak Lawn, Oak Lawn, I l l i n o i s , p r o p o s a l
w n e r y e w i t h New Oak Lawn Bank, Blue I s l a n d , I l l i n o i s ,
under t h e c h a r t e r of New Oak Lawn Bank and t i t l e of
H e r i t a g e Bank of Oak Lawn; r e p o r t t o t h e F e d e r a l
I ^ 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 . 2 /
H i l ! s Pank ana T r u s t Company, H i l l s , Iowa, p r o p o s a l t o
meruA w i t h MB? S t a t e Bank, H i l l s , Iowa, u n d e r t h e
c a r t e r an<; t i t l e of H i l l s Bank and T r u s t Company; r e p o r t
To f 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 competitive factors. [/
c
New %at«ona! Bank of S t . J o h n s , S t . J o h n s , M i c h i g a n ,
p r r ^ c s a ! t o c o n s o l i d a t e w i t h C e n t r a l N a t i o n a l Bank of
ST. J o h f . s , S t . J o h n s , Mich i n a n , u n d e r t h e c h a r t e r
I H i t - of C e n t r a l N a t i o n a l Bank of S t . J o h n s ; r e p o r t
'ft,. ( C r ; , T r a i l e r - f
C u r r e n c y on c o m p e t i t i v e
" '"rs . I '
' r npnaif
N , r ' ' v.
' H c a r i
G o v e r n o r s under
H , ? , 1<#3 No. 40
- 3 ACTIONS OF THE BOARD - Continued
Chicago
Ames National C o r p o r a t i o n , Ames, Iowa, e x t e n s i o n of
time t o December 3 0 , 1Q83, w i t h i n which t o a c q u i r e
95 p e r c e n t of t h e v o t i n g s h a r e s of S t a t e Bank &
Trust C o . , Nevada, Iowa. U
Chicago
Fright Financial S e r v i c e s , I n c . , F l o r a , I n d i a n a , extension
o f time t o February ? , 1 9 8 4 , w i t h i n which t o become a
bank h o l d i n g company t h r o u g h t h e a c q u i s i t i o n of 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 m e r g e r
t o The Bright National Bank a t F l o r a , F l o r a , I n d i a n a . ] /
Chicago
Hinsdales Bancshares, I n c . , Hinsdale, I l l i n o i s , e x t e n s i o n
of time t o March I , 1 9 8 4 , 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 100 p e r c e n t
o f 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 m e r g e r t o Bank
of H i n s d a l e , H i n s d a l e , I l l i n o i s . 2 /
St. louis
P e o p l e s F i r s t Bancorp o f M a d i s o n v i l l e , M a d i s o n v i l l e ,
Kentucky, e x t e n s i o n of t i m e t o F e b r u a r y 5 , 1984, w i t h i n
which t o become a bank h o l d i n g company t h r o u g h 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 m e r g e r t o t h e P e o p l e s
Bank and Trust Company, M a d i s o n v i l l e , K e n t u c k y . 2 /
F a r m e r s I n v e s t m e n t C o r p o r a t i o n , L i t t l e Rock, A r k a n s a s ,
e x t e n s i o n of t i m e t o F e b r u a r y 15, 1984, w i t h i n which
f n S e c u r e a bank h o l d i n g company t h r o u g h t h e a c q u i s i t i o n
of t h e F a r m e r s Bank and T r u s t Company, C I a r k s v i 1 1 e ,
Arkansas. U
Kansas C i t y
York S t a t e Bank & T r u s t Company, York, N e b r a s k a , p r o p o s a l
t o merge w i t h F i r s t York S a v i n g s Company, York, N e b r a s k 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
competitive factors. ] /
Kansas C i t y
S c o t t s h l u f f N a t i o n a l Bank and T r u s t Company, S c o t t s h l u f f ,
N e b r a s k a , p r o p o s a l t o merge w i t h t h e S c o t t s B l u f f
Savings Co., S c o t t s b l u f f , Nebraska; report to the
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. 2/
Kansas C i t y
Fremont Bank C o r p o r a t i o n , Canon C i t y , C o l o r a d o , e x t e n s i o n
of t i m e t o F e b r u a r y 6 , 1984, w i t h i n which t o a c q u i r e
Fremont N a t i o n a l Bank, Canon C i t y , C o l o r a d o . 1/
Kansas C i t y
G r e a t Western F i n a n c i a l S e r v i c e s , I n c . , C o l o r a d o S p r i n g s ,
^ o l n r a d o , e x t e n s i o n of t i m e t o F e b r u a r y 2 7 , 1984, w i t h i n
* n i c h t o a c q u i r e Western N a t i o n a l Bank of C o l o r a d o S p r i n g s ,
Colorado S p r i n g s , Colorado. 2 /
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 t h e Board of G o v e r n o r s under
delegated authority.
H . 2 , 19P3 No. 49
- 4
-
ACTIONS OF THE BOARD - Continued
Dal l a s
Oak F o r e s t Bank, Houston, T e x a s , p r o p o s e d m e r g e r w i t h
New Oak F o r e s t Bank, Houston, T e x a 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
factors. ] /
Dallas
American National Bank o f P i a n o , P i a n o , T e x a s , p r o p o s e d
merger with New American Bank of P i a n o , P i a n o , T e x a s ;
r e p o r t t o t h e Federal 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 . 2 /
Dallas
Washington County S t a t e Bank, Brenham, Texas, proposed
merger w i t h New Washington County S t a t e Bank, Brenham,
Texas; r e p o r t t o t h e Federal Deposit Insurance
Corporation on c o m p e t i t i v e f a c t o r s . V
V
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 G o v e r n o r s under
delegated authority.
H . 2 , 1983 No. 49
ACTIONS OF THE BOARD - C o n t i n u e d
To Merge P u r s u a n t t o S e c t i o n 1 8 ( c ) of 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 Act
Approved
F i r s t V i r g i n i a Rank - E a s t e r n S h o r e , Onancock, V i r g i n i a ,
t o merge w i t h P e o p l e s T r u s t Bank, Exmore, V i r g i n i a . J_/
Richmond
Minneapolis
Farmers S t a t e Bank of I r e n e , I r e n e , South D a k o t a ,
t o merge w i t h Viborg B r a n c h , U n i t e d N a t i o n a l Bank,
Sioux F a l l s , South D a k o t a . 1 /
*
*
*
*
*
To Become a Member of t h e F e d e r a l R e s e r v e System
P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act
Minneapolis
Approved
F a r m e r s S t a t e Bank of
*
*
*
*
Irene,
I r e n e , South D a k o t a . ] /
*
To E s t a b l i s h a Domestic Branch P u r s u a n t t o
S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act
Cleveland
Approved
The Bank of R u s s e l 1 v i l 1 e , R u s s e l I v i l l e , Ohio. To
e s t a b l i s h a Customer Bank Communications Terminal
Branch a t M a r t i n Super V a l u e , Old II. S. Route 3 ? ,
S a r d i n a , O h i o . J_/
Chicago
S p r i n g f i e l d Marine Bank, S p r i n g f i e l d , I l l i n o i s .
To
e s t a b l i s h an EFT a t White Oaks M a l l , S p r i n g f i e l d ,
I I 1 i n o i s . ]_/
Chicago
C i t i z e n s Bank, S h e b o y g a n , W i s c o n s o n . To e s t a b l i s h a
b r a n c h a t Wood Lake Road, K o h l e r , W i s c o n s i n . ]_/
New York
C e n t r a l T r u s t Company, R o c h e s t e r , New York.
To e s t a b l i s h
four o f f s i t e e l e c t r o n i c f a c i l i t i e s at the following
locations:
1115 Hudson Avenue, R o c h e s t e r , New York;
1940 C h i l i Avenue, G a t e s , New York; 720 Washington
Avenue, I r o n d e q u o i t , New York; 1360 Dewey a t
B r i t t o n , G r e e c e , New York. ] /
V
~
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 G o v e r n o r s under
delegated authority.
I
fi -
H . 2 , 1QP3 No. 49
ACTIONS OF THE BOARD - C o n t i n u e d
I s s u e d I n t e n t Not t o D i s a p p r o v e Change of C o n t r o l
P u r s u a n t t o Change in Bank C o n t r o l Act of 1978
Kansas C i t y
Not D i s a p p r o v e d
E l m d a l e B a n k s h a r e s , I n c . , E l m d a l e , K a n s a s . 1/
Kansas C i t y
P r a g u e Company, Omaha, N e b r a s k a . 2 /
*
*
*
*
*
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
I n v e s t m e n t s and O t h e r A c t i o n s P u r s u a n t t o S e c t i o n s 25 and 2 5 ( a )
of t h e F e d e r a l R e s e r v e Act and S e c t i o n 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) and 4 ( c ) ( 1 4 )
of t h e Bank H o l d i n g Company Act of 1956, a s amended
Chicago
Approved
Continental 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 , Chicago,
Illinois:
g r a n t s c o n s e n t t o make an a d d i t i o n a l
i n v e s t m e n t in C o n t i n e n t a l I l l i n o i s Bank L i m i t e d ,
Cayman I s l a n d s , B r i t i s h West I n d i e s .
San
Franci sco
BankAnerica I n t e r n a t i o n a l F i n a n c i a l C o r p o r a t i o n , San
F r a n c i s c o , 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 make an
a d d i t i o n a l i n v e s t m e n t in BankAmerica T r u s t and
Banking C o r p o r a t i o n , (Bahamas) L t d . , N a s s a u , Bahamas.
San
Francisco
R a i n i e r B a n c o r p o r a t i o n , S e a t t l e , Washington: g r a n t s
c o n s e n t t o e s t a b l i s h an e x p o r t t r a d i n g company t o
be named R a i n i e r I n t e r n a t i o n a l T r a d i n g Company,
S e a t t l e , Washington.
S i x t y - D a y N o t i f i c a t i o n P e r i o d Allowed t o E x p i r e
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:
no o b j e c t i o n t o make an a d d i t i o n a l i n v e s t m e n t in
M a n u f a c t u r e r s Hanover Arrendamento M e r c a n t i 1 S . A . ,
Rio De J a n e i r o , B r a z i l , t h r o u g h t h e c o n v e r s i o n in
in o u t s t a n d i n g l o a n s .
Chirago
The N o r t h e r n T r u s t Company, C h i c a g o , I l l i n o i s :
no
o b j e c t i o n t o make an a d d i t i o n a l i n v e s t m e n t in Banque
S c a n d i n a v e en S u i s s e , Geneva, S w i t z e r l a n d .
*
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 G o v e r n o r s under
delegated authority.
H . ? , T9A3 No. 49
- 7 ACTIONS OF THE BOARD - C o n t i n u e d
To Form a Bank H o l d i n g 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 Rank H o l d i n g Company Act of 1956
Pallas
Boston
Withdrawn
F r o n t i e r B a n c s h a r e s , I n c . , Eagle P a s s , Texas, f o r
a p p r o v a l 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 r o n t i e r S t a t e Bank, Eagle P a s s ,
Texas. 1/
Approved
M e r c h a n t s B a n c s h a r e s , I n c . , B u r l i n g t o n , Vermont, f o r
a p p r o v a l t o a c q u i r e a t l e a s t AO 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 M e r c h a n t s Bank, B u r l i n g t o n , Vermont. ]_/
Richmond
CB&T F i n a n c i a l C o r p o r a t i o n * F a i r m o n t , West V i r g i n i a ,
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 t h e s u c c e s s o r by m e r g e r t o Community Bank
& T r u s t , N a t i o n a l A s s o c i a t i o n , F a i r m o n t , West V i r g i n i a . V
Atlanta
C i t i z e n s of G r a i n g e r County
Tennessee, f o r approval to
v o t i n g s h a r e s of C i t i z e n s
Grainger County, Rutledge,
Atlanta
F i r s t Jackson Bancorp, J e f f e r s o n , 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 t h e
s u c c e s s o r by c o n s o l i d a t i o n t o F i r s t N a t i o n a l Bank of
Jackson County, J e f f e r s o n , Georgia. V
Atlanta
LaFayette Pankshares, I n c . , LaFayette, Georgia, for
a p p r o v a l 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 Bank of L a F a y e t t e , L a F a y e t t e , G e o r g i a . 1/
Atlanta
P e o p l e s Bartow C o r p o r a t i o n , T a y l o r s v i 1 1 e , G e o r g i a , 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 P e o p l e s Bank of Bartow C o u n t y , T a y l o r s v i l l e , G e o r g i a . V
Chicago
C l a r k e l , I n c . , K e s l e y , Iowa, f o r a p p r o v a l t o a c q u i r e a t
l e a s t AO p e r c e n t of t h e v o t i n g s h a r e s of Iowa S t a t e Bank,
C l a r k s v i l l e , Iowa. 1/
CMcaqn
F i r s t Sioux B a n c s h a r e s , L t d . , Sioux C e n t e r , Iowa, 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 ( 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 m e r g e r t o The F i r s t N a t i o n a l Bank of Sioux C e n t e r ,
Sioux C e n t e r , Iowa. 1/
17
Corporation, Rutledge,
a c q u i r e 100 p e r c e n t of t h e
Bank and T r u s t Company of
T e n n e s s e e . ]_/
nn b e h a l f of t h e Board of G o v e r n o r s u n d e r
ri(>!
t od aiit hor i t y .
H . 2 , 1983 No. 4P
- 8 ACTIONS OF THE BOARD - Continued
S t . Louis
American Eagle B a n c o r p . , I n c . , Glen Carbon, 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 9 8 . 7 p e r c e n t of the
v o t i n g s h a r e s o f Cottonwood Bank and Trust Company,
Glen Carbon, I l l i n o i s . ! V
St* Louis
F i r s t Vandalia C o r p . , V a n d a l i a , 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 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 hy merger t o The F i r s t National Bank of
Vandalia, Vandalia, I l l i n o i s . ] /
St* Louis
Gould P a n c s h a r e s , I n c . , Gould, Arkansas, 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 shares
o f F i r s t S t a t e Bank, Gould, Arkansas. V
Minneapolis
S t H I w a t e r B a n c o r p o r a t i o n , I n c . , S t i l l w a t e r , Minnesota,
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
o f Cosmopolitan S t a t e Bank of S t i l l w a t e r , S t i l l w a t e r ,
Minnesota.
Kansas C i t y
MB I B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , f o r approval
t o a c q u i r e 100 p e r c e n t o f t h e v o t i n g s h a r e s of The
Merchants Rank, Kansas C i t y , M i s s o u r i ; The U n i v e r s i t y
Bank, Kansas C i t y , M i s s o u r i ; Broadway B a n c s h a r e s , I n c . ,
Kansas C i t y . Missouri and i n d i r e c t l y Broadway National
Bank, Kansas C i t y , M i s s o u r i ; M e t r o p o l i t a n B a n c s h a r e s ,
I n c . , Kansas C i t y , M i s s o u r i ; and i n d i r e c t l y M e t r o p o l i t a n
Bank, Kansas C i t y , M i s s o u r i . V
Dallas
J e f f e r s o n B a n c s h a r e s , I n c . , San A n t o n i o , Te 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 J e f f e r s o n
S t a t e Bank, San A n t o n i o , T e x a s . ] /
Dallas
New Mexico Bank Holding Company, Ruidoso, New Mexico, 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
S e c u r i t y Bank, Ruidoso, New Mexico.
San
Francisco
P a c i f i c Regency Bancorp, El Toro, C a l i f o r n i a , f o r a p p r o v a l
t o a c q u i r e 100 percent of t h e v o t i n g s h a r e s of P a c i f i c
Regency Bank, El Toro, C a l i f o r n i a , a p r o p o s e d new b a n k . ]_/
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 o f t h e Board of Governors under
delegated authority.
H . 2 , 1983 No. 49
- 9 ACTIONS OF THE BOARD - C o n t i n u e d
To Expand a Bank H o l d i n g Company P u r s u a n t t o S e c t i o n
3 ( a ) ( 3 ) of t h e Bank H o l d i n g Company Act of 1956
Boston
Approved
G e n e r a l E d u c a t i o n a l Fund, I n c . , B u r l i n g t o n , Vermont,
f o r a p p r o v a l t o a c q u i r e a t l e a s t 25 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 e r c h a n t s B a n c s h a r e s , I n c . ,
B u r l i n g t o n , Vermont and i n d i r e c t l y The M e r c h a n t s
Bank, B u r l i n g t o n , Vermont. 1 /
CIeveland
Community B a n c s h a r e s , I n c . , M c A r t h u r , O h i o , 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 The F i r s t Bremen Bank, Bremen, O h i o . 1/
CIeveland
S o c i e 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 a c q u i r e a t 1 e a s t 6 6 . 6 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 t h e F i r s t N a t i o n a l Bank of S a l e m , S a l e m , Ohio. ]_/
Atlanta
F i r s t R a i l r o a d & Banking Company of G e o r g i a , A u g u s t a ,
G e o r g i a , 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 t h e s u c c e s s o r by m e r g e r t o Commercial &
Exchange Bank, Bremen, G e o r g i a . J_/
At!anta
S o u t h e a s t Banking C o r p o r a t i o n , Mi a m i , F l o r i d a , 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 S o u t h e a s t Bank of S t . J o h n s C o u n t y , Ponte Vedra
B e a c h , F l o r i d a , a p r o p o s e d new b a n k . V
Kansas C i t y
International Bancshares, I n c . , Gladstone, Missouri,
f o r a p p r o v a l t o a c q u i r e a t l e a s t 2 3 . 0 9 p e r c e n t of t h e
v o t i n g s h a r e s of MB I B a n c s h a r e s , I n c . , Kansas C i t y ,
M i s s o u r i and i n d i r e c t l y The M e r c h a n t s Bank, Kansas
C i t y , M i s s o u r i and The U n i v e r s i t y Bank, Kansas C i t y ,
Mi s s o u r i . ]_/
Kansas C i t y
Metro B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , f o r a p p r o v a l
t o a c q u i r e a t l e a s t 12.71 p e r c e n t of t h e v o t i n g s h a r e s
of MBI B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , and
i n d i r e c t l y The M e r c h a n t s Bank, Kansas C i t y , M i s s o u r i
and The U n i v e r s i t y Bank, Kansas C i t y , M i s s o u r i . ]_/
*
2/
*
*
*
*
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 G o v e r n o r s u n d e r
delegated authority.
H . 2 , 1983 No. 49
- 10 ACTIONS OF THE BOARD - C o n t i n u e d
To Expand a Bank H o l d i n g Company P u r s u a n t t o S e c t i o n
3 ( a ) ( 5 ) of t h e Bank H o l d i n g Company Act of 1956
San
Francisco
Approved
Western C o m m e r c i a l , F r e s n o , C a l i f o r n i a , 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
C o n t i n e n t a l B a n c o r p , F r e s n o , C a l i f o r n i a and i n d i r e c t l y ,
C o n t i n e n t a l N a t i o n a l Bank, F r e s n o , C a l i f o r n i a . 1 /
*
*
*
*
*
To Expand a Bank H o d l i n g Company P u r s u a n t t o S e c t i o n
4 ( c ) ( 8 ) of t h e Bank H o l d i n g Company Act of 1956
New York
2/
~
Withdrawn
B a r c l a y s Bank PLC and B a r c l a y s Bank I n t e r n a t i o n a l
L i m i t e d , b o t h l o c a t e d in London, E n g l a n d , r e q u e s t
p e r m i s s i o n t o r e l o c a t e an o f f i c e e n g a g i n g 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 s a l e a t r e t a i l of t r a v e l e r s
c h e c k s i s s u e d by B a r c l a y s Bank I n t e r n a t i o n a l L i m i t e d ,
t h e o p e r a t i o n of a consumer f i n a n c e b u s i n e s s and t h e
s a l e a s a g e n t of r e l a t e d 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 , i n c l u d i n g d i r e c t
i n s t a l l m e n t l o a n s t o i n d i v i d u a l s and t h e p u r c h a s e of
r e t a i l i n s t a l l m e n t n o t e s [ s a l e s f i n a n c e ] , such a s
l o a n s made t o i n d i v i d u a l s f o r p e r s o n a l , f a m i l y or
h o u s e h o l d p u r p o s e s , i n c l u d i n g l o a n s s e c u r e d by r e a l
e s t a t e and t h e p u r c h a s e on a d i s c o u n t e d b a s i s of
c o n t r a c t s and r e l a t e d s e c u r i t y a g r e e m e n t s a r i s i n g
p r i n c i p a l l y from t h e s a l e by d e a l e r s of t i t l e d goods
[ i n c l u d i n g a u t o m o b i l e s , m o b i l e homes, t r a v e l t r a i l e r s
and c a m p e r s , and b o a t and m a r i n e e q u i p m e n t ] and
h o u s e h o l d goods [ i n c l u d i n g f u r n i t u r e , t e l e v i s i o n s e t s
and a p p l i a n c e s ! and r e l a t e d w h o l e s a l e f i n a n c i n g c o n s i s t i n g of f i n a n c i n g d e a l e r s ' i n v e n t o r i e s of a u t o m o b i l e s , m o b i l e homes and o t h e r c h a t t e l s , and a t t h e
e l e c t i o n of t h e b o r r o w e r s from t h e r e s p e c t i v e consumer
f i n a n c e s u b s i d i a r i e s , s a l e of c r e d i t r e l a t e d i n s u r a n c e ,
i n c l u d i n g d e c r e a s i n g term 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 ; 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 so s o l d may
be u n d e r w r i t t e n o r r e i n s u r e d by a f f i l i a t e d i n s u r a n c e
u n d e r w r i t i n g s u b s i d i a r i e s ) from 3076 S o u t h w e s t B o u l e v a r d ,
Grove C i t y , Ohio t o 2218 S t r i n g t o w n Road, Grove C i t y ,
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 G o v e r n o r s u n d e r
delegated authority.
H . ? , 1983 No. 40
- n
-
ACTIONS OF THE BOARD - Continued
O h i o , t h r o u g h t h e i r consumer f i n a n c e s u b s i d i a r i e s ,
B a r c l a y s A m e r i c a n / F i n a n c i a l , I n c . and B a r e ! a y s A m e r i c a n /
Mortgage, Inc.
(IP/8/83)
Atlanta
Boston
P h i l a d e l p h i a Capital C o r p o r a t i o n , P h i l a d e l p h i a , M i s s i s s i p p i ,
n o t i f i c a t i o n of i n t e n t t o e n g a g e in de novo a c t i v i t i e s
(making of l o a n s t o p e r s o n s , p a r t n e r s h i p s , c o r p o r a t i o n s ,
and o t h e r l e g a l e n t i t i e s , and t a k i n g s e c u r i t y t h e r e f o r e
as a p p r o p r i a t e ) a t 537 Main S t r e e t , P h i l a d e l p h i a ,
M i s s i s s i p p i , s e r v i n g Neshoba County, M i s s i s s i p p i ,
through i t s s u b s i d i a r y , Philadelphia Finance Corporation
(11/23/83)
Approved
Merchants B a n c s h a r e s , I n c . , B u r l i n g t o n , Vermont, f o r
a p p r o v a l t o a c q u i r e The Merchants T r u s t Company,
B u r l i n g t o n , Vermont. ]_/
S t . Louis
Gould B a n c s h a r e s , I n c . , G o u l d , A r k a n s a s , f o r a p p r o v a l
t o e n g a g e de novo in r e a l e s t a t e a p p r a i s a l s . J_/
San
Francisco
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 ,
f o r a p p r o v a l t o expand i t s i n d i r e c t s u b s i d i a r y ,
S e c u r i t y P a c i f i c Mortgage S e r v i c e s , I n c . t o i n c l u d e
e n g a g i n g de novo i n t h e a c t i v i t i e s of a F u t u r e s
Commission Merchant of e x e c u t i n g and c l e a r i n g f o r
t h e p u r c h a s e and s a l e of f u t u r e s c o n t r a c t s on
f i n a n c i a l i n s t r u m e n t s and o p t i o n s t h e r e o n , as well
a s s a l e of o p t i o n s on f u t u r e s c o n t r a c t s , f u t u r e s
c o n t r a c t s and o p t i o n s d i r e c t l y on U. S. government
guaranteed s e c u r i t i e s f o r t h e i r own a c c o u n t and
others.
New York
1/
Permitted
The Chase M a n h a t t a n C o r p o r a t i o n , 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
e n g a g i n g in t h e f o l l o w i n g a c t i v i t i e s (making o r
a c q u i r i n g f o r i t s own a c c o u n t and f o r t h e a c c o u n t
of o t h e r s , 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 ,
b o t h s e c u r e d and u n s e c u r e d i n c l u d i n g , b u t n o t
l i m i t e d t o , consumer and b u s i n e s s l i n e s of c r e d i t ,
i n s t a l l m e n t l o a n s f o r p e r s o n a l , h o u s e h o l d and
b u s i n e s s p u r p o s e s and m o r t g a g e l o a n s s e c u r e d by
r e a l p r o p e r t y ; 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 ; and a c t i n g a s i n s u r a n c e a g e n t f o r c r e d i t
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 G o v e r n o r s u n d e r
delegated authority.
H . 2 , 1983 No. 49
- 1? ACTIONS OF THE BOARD - C o n t i n u e d
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
d i r e c t l y r e l a t e d t o s u c h l e n d i n g and s e r v i c i n g
a c t i v i t i e s ) a t A t l a n t a Financial C e n t e r , S u i t e L-200,
3333 P e a c h t r e e Road, A t l a n t a , G e o r g i a , t h r o u g h i t s
s u b s i d i a r y , Chase M a n h a t t a n F i n a n c i a l S e r v i c e s , I n c .
(12/3/83) 3/
Cleveland
Mellon N a t i o n a l 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 expand t h e g e o g r a p h i c scope
o f t h e f o l l o w i n g d e novo a c t i v i t i e s ( t h e s a l e of
c r e d i t - r e l a t e d insurance, including c r e d i t - a c c i d e n t
and h e a l t h , c r e d i t - l i f e , and m o r t g a g e r e d e m p t i o n
i n s u r a n c e [ s u c h s a l e of c r e d i t - r e l a t e d i n s u r a n c e b e i n g
a p e r m i s s i b l e a c t i v i t y u n d e r S u b p a r a g r a p h D of T i t l e
VI of t h e G a r n - S t . Germain D e p o s i t o r y I n s t i t u t i o n s
Act of 1 9 8 2 ] ) t h e expanded g e o g r a p h i c s c o p e of i t s
b u s i n e s s w i l l be d e r i v e d f r o m , and s o l i c a t e d t h r o u g h o u t
t h e S t a t e s of P e n n s y l v a n i a and D e l a w a r e , t h r o u g h i t s
s u b s i d i a r y , Mellon Insurance A g e n c y , I n c .
(12/9/83) 3/
Cleveland
PNC F i n a n c i a l Corp, 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 e n g a g e i n de novo a c t i v i t i e s
(making o r 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 a n d / o r t h e a c c o u n t of o t h e r s , 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 de novo o f f i c e
would be l o c a t e d i n t h e m e t r o p o l i t a n a r e a of
M a n a s s a s , V i r g i n i a , t h r o u g h i t s s u b s i d i a r y The
K i s s e l 1 Company ( 1 2 / 1 0 / 8 3 ) 2 /
Chicago
B r e n t o n B a n k s , I n c . , Des M o i n e s , Iowa, n o t i f i c a t i o n of
i n t e n t t o e n g a g e in de novo a c t i v i t i e s ( i n p r o c e s s i n g
f i n a n c i a l , b a n k i n g o r economic d a t a f o r p e r s o n s o t h e r
t h a n t h e h o l d i n g company o r i t s s u b s i d i a r i e s p u r s u a n t
t o w r i t t e n a g r e e m e n t s ; t h e s e a c t i v i t i e s were p r e v i o u s l y
p e r f o r m e d in v i o l a t i o n of S e c t i o n 4 ( c ) ( 8 ) of t h e Bank
H o l d i n g Company A c t ) t h e g e o g r a p h i c s c o p e w i l l be t h e
S t a t e o f Iowa, t h r o u g h i t s s u b s i d i a r y , B r e n t o n Funds
T r a n s f e r System, Inc.
(12/9/83) V
Chicago
Manufacturers N a t i o n a l C o r p o r a t i o n , D e t r o i t , M i c h i g a n ,
n o t i f i c a t i o n of i n t e n t t o e n g a g e in de novo
a c t i v i t i e s ( i n 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 ) t h e
g e o g r a p h i c s c o p e w i l l be t h e S t a t e of F l o r i d a ,
through i t s s u b s i d i a r y , Manucor L e a s i n g , I n c .
( 1 2 / 2 / 8 3 ) 3/
37
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 R e s e r v e 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,?, N R 3 W .
ACTIONS i * 7HI HOARD - Continued
(nitaqo
Manufacturers National C o r p o r a t i o n , 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 i n de novo a c t i v i t i e s
( m t n e a c t i v i t i e s of an i n s u r a n c e agency b u s i n e s s t o
s e l l i n s u r a n c e which a s s u r e s t h e repayment of o u t s t a n d i n g b a l a n c e s due on s p e c i f i c e x t e n s i o n s of c r e d i t
Dy s u b s i d i a r i e s of Manufacturers National Corporation
in t h e e v e n t of d e a t h , d i s a b i l i t y or i n v o l u n t a r y
unemployment of d e b t o r s ) t h e g e o g r a p h i c scope w i l l be t h e
S t a t e of M i c h i g a n , through i t s s u b s i d i a r y , Manucor
Agency. I n c .
' l ? / ? / 8 3 ) 3/
CM c Ago
*arsMail 4 I l s l ^ Corporation* Milwaukee, W i s c o n s i n ,
n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s
( i n equipment l e a s i n g t o b u s i n e s s and manufacturing
c u s t o m e r s on a n o n c a n c e l l a h l e f u l l payout b a s i s , t o
p u r c h a s e c o n d i t i o n a l s a l e s c o n t r a c t s from equipment
s u p p l i e r s a id m a n u f a c t u r e r s and t o make c h a t t e l
s e c u r i t ) l o a n s on commercial and i n d u s t r i a l equipment)
in I n d i a n a p o l i s . I n d i a n a , t h e g e o g r a p h i c area t o be
s e r v e d w i l l he t h e S t a t e s of Indiana and Kentucky,
tnrouyh i t s s u b s i d i a r y , F i r s t National Leasing Corp.
3/
San
franc
Area ? i n a n e ; a l C o r p o r a t i o n , Redwood C i t y , C a l i f o r n i a ,
n o t i f i c a t i o n of i n t e n t t o engage i n de novo
a c t i v i t i e s ( i n t h e a c t i v i t y o f making or a c q u i r i n g
l o a n s t o p o l i c y h o l d e r s f o r t h e purpose of f i n a n c i n g
preriums^ at 9&*0 V e t e r a n s B o u l e v a r d , Redwood C i t y ,
C a l i f o r n i a , through i t s s u b s i d i a r y , Insurance Premium
f i n a n c e Corporation ( 1 2 / 5 / 8 3 ) 3/
San
franc iscn
Kant&*erica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a ,
n o t i f i c a t i o n o f i n t e n t t o engage in de novo a c t i v i t i e s
( e x e c u t i o n and c l e a r i n g of f i n a n c i a l f u t u r e s c o n t r a c t s
on major commodity e x c h a n g e s f o r u n a f f i l i a t e d p e r s o n s )
in S e a t t l e , Washington and t h e Republic o f S i n g a p o r e ,
t h e g e o g r a p h i c area t o be s e r v e d by each of t h e s e
o f f i c e s w i l l be f i f t y S t a t e s , t h e D i s t r i c t of Columbia,
and a b r o a d , through i t s s u b s i d i d a r y , BA F u t u r e s ,
I n c o r p o r a t e d , a wholly-owned s u b s i d i a r y of BankAmerica
Corporation U P / 1 0 / 8 3 ) 3/
"-an
I f dfK 1 S(
RankAmerica C o r p o r a t i o n , San F r a n c i s c o , 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
( i n t h e a < f i v ; l i e s o f making l o a n s and o t h e r e x t e n s i o n s
of < r e d i t , 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 f o r i t s e l f and o t h e r s , and p r o v i d i n g s e r v i c e s
?/
d T c l T y T n o t l f i c H t i r n p r o c e s s e d by P e s e r v e Bank on b e h a l f of t h e
Hoard of Governors under d e l e g a t e d a u t h o r i t y .
*M „ ? # 1 3 *•' ? W«1
m
THE ^DARH . Continued
i n c i d e n t a l t r s^ch l o a n s and e x t e n s i o n s of c r e d i t such
a t ,*rp r a ^ e nr provided hy a f i n a n c e company; such
a c T i v i t : A s w i l l i n c l i * d e , hut not he l i m i t e d t o , p r o v i d i n g funds <$nd/nr c r e d i t s e r v i c e s in c o n n e c t i o n with
IN* f m a n c m y ^f s t o c k and f l o o r plan i n v e n t o r y of
f i t t r i b u t o r s and d e a l e r s of consumer p r o d u c t s ;
nr c r e d i t . r e l a t e d i n s u r a n c e of any t y p e s w i l l be
offered
Champion Credit Corporation in c o n n e c t i o n
w;tb i*S iem$!ng a c t i v i t i e s ) in t h e D i s t r i c t of
T f u u r H a , through i t s i n d i r e c t s u b s i d i a r y , Champion
C o r p o r a t i o n (a Delaware c o r p o r a t i o n ) ( 1 2 / 1 0 / 8 3 )
san
PankAmerica T o r p o r a t i o n , San F r a n c i s c o , 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 f in t h e a c t i v i t i e s of s e c u r i t i e s
brokerage* c o n s i s t i n g p r i n c i p a l l y of buying and
s e l l i n g s e c u r i t i e s s o l e l y upon t h e order and f o r
t h e account of c u s t o m e r s , and of e x t e n d i n g m a r g i n
c r e d i t m c o n f o r m i t y with R e g u l a t i o n T) in R i v e r s i d e ,
C a l i f o r n i a , S t . P a u l , Minnesota and Albany, New York,
s e r v i n g a l l f i f t y S t a t e s and t h e D i s t r i c t of C o l u m b i a ,
Throuqh i t s i n d i r e c t s u b s i d i a r y , Charles Schwab & C o . ,
Inc.
fI2/6/P3) 3/
!ranri<cA
3/
"
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 ,
n o t i f i c a t i o n o f i n t e n t t o engage in de novo
activities
( i n mortgage company a c t i v i t i e s t o t h e
e x t e n t of ( i ) making or a c q u i r i n g real e s t a t e o r
c o n s t r u c t i o n l o a n s f o r i t s own account or f o r t h e
account of o t h e r s ; ( i i ) s e l l i n g or s e r v i c i n g real
e s t a t e o r c o n s t r u c t i o n l o a n s f o r i t s own account o r
f o r t h e account of o t h e r s ; M i i ) performing a p p r a i s a l s
o f r e a l e s t a t e ; ( i v ) c o n d u c t i n g such r e l a t e d a c t i v i t i e s
a s a r e i n c i d e n t a l t o t h e mortgage banking b u s i n e s s ;
and ( v ) a c t i n g a s i n s u r a n c e agent or b r o k e r , as
p e r m i t t e d hy s u b s e c t i o n (A) of S e c t i o n 601 of GarnSt Germain D e p o s i t o r y I n s t i t u t i o n s Act of 1982, with
r e s p e c t t o 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 ) in Oklahoma C i t y , Oklahoma, s e r v i n g
Oklahoma C i t y and the S t a t e of Oklahoma, through
i t s s u b s i d i a r y , F i r s t I n t e r s t a t e Real E s t a t e S e r v i c e s
Company, I n c .
( I f / 9 / 8 3 ) 3/
4 f c ) ( # ) 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
Poard of Governors under d e l e g a t e d a u t h o r i t y .
ACTIONS OF THE BOARD - C o n t i n u e d
!- r , i m i 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 e n g a g e in de novo a c t i v i t i e s
( i n t h e u n d e r w r i t i n g and r e i n s u r a n c e of c r e d i t l i f e
and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e in Alabama,
M i s s i s s i p p i , North C a r o l i n a , and South C a r o l i n a , such
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
b e i n g in c o n n e c t i o n w i t h e x t e n s i o n s of c r e d i t by i t
and i t s s u b s i d i a r i e s ) i n San D i e g o , 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 , General F i d e l i t y L i f e I n s u r a n c e Company
(12/9/83) 3/
*
*
*
*
*
A p p l i c a t i o n t o t h e Board of G o v e r n o r s of t h e F e d e r a l R e s e r v e System
f o r P r i o r Approval of an A c q u i s i t i o n P u r s u a n t t o S e c t i o n
5 ( b ) of t h e Bank S e r v i c e C o r p o r a t i o n A c t , a s Amended
Chicago
3/
Approved
Michigan N a t i o n a l Bank of D e t r o i t , D e t r o i t , M i c h i g a n ,
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 MNC Mortgage & R e a l t y A d v i s o r s , I n c . ,
S o u t h f i e l d , M i c h i g a n , a d e novo bank s e r v i c e
corporation subsidiary providing real e s t a t e i n v e s t ment a d v i 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 hy R e s e r v e Bank on b e h a l f of t h e
Board of G o v e r n o r s u n d e r d e l e g a t e d a u t h o r i t y .
- 16 —
H . ? , 1983 No. W
APPLICATIONS RECEIVED
To E s t a b l i s h a Domestic Branch Pursuant t o S e c t i o n 9
of t h e F e d e r a l R e s e r v e Act
New York
Manufacturers and Traders T r u s t Company, B u f f a l o ,
New York. To e s t a b l i s h an o f f s i t e e l e c t r o n i c
f a c i l i t y a t E a s t e r n H i l l s M a l l , 4545 T r a n s i t
Road, C l a r e n c e , New York. 2 ]
New York
C e n t r a l T r u s t Company, R o c h e s t e r , New York. To
e s t a b l i s h six o f f s i t e e l e c t r o n i c f a c i l i t i e s at
the following locations:
525 T i t u s Avenue,
I r o n d e q u o i t , New York; 2255 R i d g e Road E a s t ,
I r o n d e q u o i t , New York; 575 Pen f i e l d Road, P e n f i e l d ,
New York; Towne & C o u n t r y P l a z a , Routes 5 & 2 0 ,
Geneva, New York; 2383 Ridge Road West, G r e e c e ,
New York; 2199 E a s t H e n r i e t t a Road, H e n r i e t t a ,
New York. 2]
Richmond
Bank of V i r g i n i a B e a c h , V i r g i n i a B e a c h , V i r g i n i a .
e s t a b l i s h a b r a n c h a t 2429 North Landing Road,
P r i n c e s s Anne C o u n t y , V i r g i n i a . 2 /
Kansas C i t y
U n i t e d Bank & T r u s t Company of Norman, Norman, Oklahoma.
To e s t a b l i s h a b r a n c h f a c i l i t y t o be l o c a t e d 2122
West Main S t r e e t , Norman, Oklahoma. 2/
San
Francisco
C i t i z e n s S t a t e Bank of Santa Paul a , S a n t a P a u l a , C a l i f o r n i a
Branch o f f i c e t o be e s t a b l i s h e d in t h e v i c i n i t y of t h e
i n t e r s e c t i o n of C e n t e r and Main S t r e e t s , in t h e
U n i n c o r p o r a t e d C i t y of P i r u , V e n t u r a C o u n t y , C a l i f o r n i a .
*
*
*
*
To
*
To Become a Member of t h e F e d e r a l R e s e r v e System
P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act
San
Francisco
Commercial S t a t e Bank, P h o e n i x , A r i z o n a . 7J
Philadelphia
AmerAsia Bank, P h i l a d e l p h i a , P e n n s y l v a n i a . jY
S t . Louis
MidAmerica Bank and T r u s t Company of F a i r v i e w H e i g h t s ,
Fairview Hegihts, I l l i n o i s .
27
~
A p p l i c a t i o n s u b j e c t t o Community R e i n v e s t m e n t 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 R e s e r v e 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.?,
-
19P3 No. 49
17-
A C ^ T 1 0 F _ T H E BOARD - C o n t i n u e d
Ap;l n 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
I n v e s t m e n t s and O t h e r A c t i o n s P u r s u a n t t o S e c t i o n s 25 and 2 5 ( a )
i * *»T' Keder^l ^ g p r v e Act and S e c t i o n s 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) , and 4 ( c ) ( 1 4 )
ol The PanK H o l d i n g Company Act of 1956, a s amended
X!'
( f<?nc i s c o
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 :
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 expand t h e s c o p e
of a c t i v i t i e s p r e s e n t l y c o n d u c t e d by i t s wholly-owned
s u b s i d i a r y , S e c u r i t y P a c i f i c Trading C o r p o r a t i o n ,
p u r s u a r t t o t h e Bank E x p o r t S e r v i c e s A c t .
To
P,rsuart
New York
tr
an O v e r s e a s Branch of a Member Bank
S e c t i o n 25 of t h e F e d e r a l R e s e r v e Act
M a n h a t t a n Bank, N . A . , New York, New York:
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 open i n i t i a l
n n n c h e s in Geneva and Z u r i c h , S w i t z e r l a n d .
To f o n n a Bank H o l d i n g Company P u r s u a n t o t S e c t i o n
? l i h n o t t h e Bank H o l d i n g Company Act of 1956
-hi 1
4
AnprAsia C o r p . , P h i l a d e l p h i a , P e n n s y l v a n i a 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 AmerAsia Bank, P h i l a d e l p h i a , P e n n s y l v a n i a . 2/
Pirhmm-
F i r s t P r e s t o n B a n c s h a r e s of West V i r g i n i a , I n c . , T e r r a
A l t a , West V i r g i n i a , 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 The F i r s t
N a t i o n a l Bank of T e r r a A l t a , T e r r a A l t a , West
V i r g i n i a . 2/
Atiant?
f i t i m e r s I n d e p e n d e n t B a n c o r p , H u n t s v i 1 1 e , Alabama,
t 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 nf C i t i z e n s I n d e p e n d e n t Bank, H u n t s v i l l e ,
Alabama, a p r o p o s e d new b a n k . 2 /
N a t i o n s ! B a n c o r p , I n c . , Lake C h a r l e s , L o u i s i a n a ,
f n r " i p r n v ^ l t o a c q u i r e a t l e a s t t w o - t h i r d s of t h e
vc*
s h a r e s of Gulf N a t i o n a l Bank a t Lake C h a r l e s ,
LjktL o u i s i a n a . 2/
r'/
nr^.TTTirfTon" s u F j e c t t o Community R e i n v e s t m e n t A c t .
The Community
;? f » i r s n f f i r e r of t h e a p p l i c a b l e R e s e r v e Bank may be c o n t a c t e d
f t »n T l e f H T t h of t h e comment p e r i o d .
H.?,
I f S3 l m , 4 0
- 18 ,iPPLiC/-T:rr.S k F . c n v t O - Continued
b a n k e r s ' B a n c o r p o r a t i o n o f W i s c o n s i n , I n c . , Madison,
Wi c o n s i n ,
a p p r o v a l t o a c q u i r e 8 0 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 o f W i s c o n s i n Independent
Par^ $ ^ a ^ i s o n , W i s c o n s i n . 2 /
Chicago
WL
r * CAPITAL CORP, Coal C i t y , I l l i n o i s , f o r
a p p r o v a l t o a c q u i r e RO p e r c e n t o r more o f t h e v o t i n g
s h a r e s of The F i r s t N a t i o n a l Bank o f Coal C i t y , Coal
C i t y , H I T o m s . 2/
f'hx fw,
Rancor;., I n c . , S p r i n g f i e l d , I l l i n o i s , 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 o f t h e v o t i n g s h a r e s
:4?
s t a t e Hank, Potomac, I l l i n o i s . 2 /
St.
Mrs!
» o r p o r a f i o n , Charlestown, Indiana,
f o r a p p r o v e ; t o a c q u i r e 100 p e r c e n t o f t h e v o t i n g
s h a r e s o* The H r s t N a t i o n a l Rank o f Clark County,
Charlestown. Indiana. 2 /
S t . ImuK
$ i r s t ^arayo%gW R a n k s n a r e s , I n c . , P a r a g o u l d , A r k a n s a s ,
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 thn s u c c e s s o r by merger t o F i r s t N a t i o n a l
P a n . Pa^oqoi,*d, A r k a n s a s . 2 /
'iarv%*y P a n c o r p o r a t i o n , I n c . , Harvey, North Dakota,
M 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 o f t h e v o t i n g
s h a r e s o f f i r s t S t a t e Rank o f Harvey, Harvey, North
O a M t a . 2/
(^1 S
j >(• '
1%
R a n t o r p o r a t i o n , I n c . , Henderson, Minnesota,
f o r a p p r o v a l t n a c q u i r e 100 p e r c e n t o f t h e v o t i n g
s ^ r e s of The S i b l e y County Rank, H e n d e r s o n , M i n n e s o t a . 2 /
C o r p o r a t i o n , T u l s a , Oklahoma, f o r approval t o a c q u i r e
at l e a s t
p e r c e n t of t h e v o t i n g s h a r e s of American
P a n t . T u l s a , Oklahoma. 2 /
fi?v
^ a r r s h a r e s , I n f . , E r i e , K a n s a s , f o r approval t o
at Mas?
p e r c e n t of t h e v o t i n g s h a r e s of
Pan#rshares, I n c . , F r i e , K a n s a s , and i n d i r e c t l y
f
of t h e v o t i n g s h a r e s of Home S t a t e
, ? r i e . ^arsas. 2/
ts
ilv
f i <*,<*
ih*,
/ '
7-;; 1 ^ ,4*
Af
»r
' J'
4 a n t s h a r e s of C h e c o t a h , I n c . , C h e c o t a h ,
?{*r a p p r o v a l t o a c q u i r e at l e a s t HO p e r c e n t
^har#^ o f Tne P e o p l e s N a t i o n a l Bank of
l a h o r a . 2/
" T* i o n r #,n;t / ^ e m v e s f r e ^ T
. Tr^ Community
1 TN* *; 11 K a h t c k e s e r v f Tank n a y h e c o n t a c t e d
f^r^nt p e r i o d .
4 .
,
- W '4?I
+
KH HVPD - C o n t i n u e d
fVv
\4*Lurity Lawton B a n c s h a r e s , I n c . , Lawton, Oklahoma,
for approval t o a c q u i r e at l e a s t 80 percent of t h e
v u t m y s h a r e s o f The S e c u r i t y Bank & Trust Company,
l a w t n n , Oklahoma, 2 /
uy
s r u c t l e y ^ t a t e Company, S h i c k l e y , N e b r a s k a , f o r approval
t o a c q u i r e at l e a s t 9 6 . 0 7 p e r c e n t o f t h e v o t i n g s h a r e s
o f S * n c k l e y S t a t e Bank, S h i c k l e y , N e b r a s k a . 2 /
F i n a n c i a l C e n t e r Ban corp , San F r a n c i s c o , C a l i f o r n i a ,
f o r ^ p p m v a l t o a c q u i r e 100 p e r c e n t o f t h e v o t i n g s h a r e s
o f The F i n a n c i a l C e n t e r Bank, N . A . , San F r a n c i s c o ,
C a l i f o r n i a , a p r o p o s e d new h a n k . 2 /
trrf
f i r s t fnumclaw B a n c o r p o r a t i o n , Enumclaw, Washington,
?or 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 o f t h e v o t i n g
S h a r e s (*f t h e s u c c e s s o r by merger t o The F i r s t
\ * r i o n a l Bank o f Enumclaw, Enumclaw, W a s h i n g t o n . 2 /
*'<pand a Bank H o l d i n g Company P u r s u a n t t o S e c t i o n
nf > MUM—t*
t h MWIUW
e ,UHark
Hmmo l d i >mmiAtrnHmwm
n g Company
Act -U.—IIW.IHIIII.W-II
of 1956
V.-AS-JWE--=.«=• -SERAEE-A*, YA.
WIR mi
MIL R M M , M I > IWI
M I I IN
• 1111 •• •
H i/
I.
•
.
r
virlamm B a n c o r p , I n c . , C h i c a g o , 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 o f 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 Hawthorne Bank o f
* h e d t o n , Wheaton, I l l i n i o s .
,
^ i v e m a l e P^ncorporation, Inc., Riverdale, I l l i n o i s ,
f o r a p p r o v a l t o a c q u i r e a t l e a s t 8 0 p e r c e n t or
^ore of the v o t i n g shares of Heritage/Gienwood
r d i v , (II en wood, I l l i n o i s . 2 /
tnintw
hwm ^ Country B a n c o r p , I n c . , S p r i n g f i e l d , I l l i n o i s ,
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 o f t h e v o t i n g
shares ( l e s s d i r e c t o r s * q u a l i f y i n g shares) of the
s u c c e s s o r by merger t o Farmers S t a t e Bank of B u f f a l o ,
Buffalo, M l i n o i s . 2/
Town & Country B a n c o r p , I n c . , S p r i n g f i e l d , I l l i n o i s ,
f o r approval t o a c q u i r e at l e a s t 9 8 . 3 percent
w t h e v o t i n g s h a r e s o f Bank of Palmyra, Palmyra,
II I i n o i . 2 /
% '
* * * , ' c r ^ n i t y Reinvestment Act.
The Community
n ! t h e a p p l i c a b l e R e s e r v e Bank may he c o n t a c t e d
a s t o t h e l e n g t h o f t h e comment p e r i o d .
: if
\ /
H . 2 , 1983 No. 49
- 20 APPLICATIONS RECEIVED - Continued
S t . Louis
Eagle Rancorporation, Inc.* Highland, I l l i n o i s ,
f o r approval t o a c q u i r e i n d i r e c t c o n t r o l of 7.7
p e r c e n t o f t h e v o t i n g s h a r e s of Cottonwood Bank
and Trust Company, Glen Carbon, I l l i n o i s . 2 /
Kansas C i t y
Central R a n c o r p o r a t i o n , I n c . , Central Colorado
Company, and C . C . B . , I n c . , Denver, Colorado, 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 o f Central Bank a t Centennial N . A . , L i t t l e t o n ,
C o l o r a d o , a proposed new bank. 2 /
Kansas City
J . R. Montgomery R a n c o r p o r a t i o n , Lawton, Oklahoma, f o r
approval t o a c q u i r e an a d d i t i o n a l . 1 0 4 p e r c e n t of t h e
v o t i n g s h a r e s o f Fort S i l l National Bank, Fort S i l l ,
Oklahoma. 2 /
Dallas
Rio Grande B a n c s h a r e s , I n c . , Las C r u c e s , New Mexico,
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 o f F i r s t S t a t e Bank o f Si 1ver C i t y ,
S i l v e r C i t y , New Mexico, a proposed new bank. 2J_
San
Francisco
The M i t s u b i s h i Bank, L i m i t e d , Tokyo, Japan, 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
o f BanCal T r i - S t a t e C o r p o r a t i o n , San F r a n c i s c o ,
C a l i f o r n i a and i n d i r e c t l y a c q u i r e t h e Bank of
C a l i f o r n i a , National A s s o c i a t i o n , San F r a n c i s c o ,
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
4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956
Boston
7/
F l e e t F i n a n c i a l Group, I n c . , P r o v i d e n c e , Rhode I s l a n d ,
n o t i f i c a t i o n o f i n t e n t t o engage i n de novo a c t i v i t i e s
( ( i ) consumer f i n a n c e ; ( i i ) i n s u r a n c e agency f o r t h e
s a l e o f 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 r e l a t e d t o an e x t e n s i o n of c r e d i t ) a t 17924
South H a I s t e d , Homewood, I l l i n o i s , t h e s e r v i c e area
w i l l be t h e I l l i n o i s c o u n t i e s o f Champaign, C o l e s ,
s o u t h e r n o n e - h a l f of Cook, De W i t t , Douglas, Edgar,
Ford, Grundy, I r o q u o i s , Kankakee, K e n d a l l , L a S a l l e ,
L i v i n g s t o n , Logan, McLean, Macon, M o u l t r i e , P i a t t ,
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 R e s e r v e 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 o f t h e comment p e r i o d .
H.?, 1983 No. 49
0
-
21
-
APPLICATIONS RECEIVED - C o n t i n u e d
V e r m i l i o n , and W i l l , through i t s s u b s i d i a r y ,
F l e e t Mortgage Corp. (a Rhode I s l a n d c o r p o r a t i o n )
(12/6/83)
New York
Chemical Mew York C o r p o r a t i o n , 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 an o f f i c e
e n g a g i n g in t h e f o l l o w i n g a c t i v i t i e s (making l e a s e s
of r e a l and personal p r o p e r t y and e q u i p m e n t in
a c c o r d a n c e w i t h t h e Board's R e g u l a t i o n Y, and
a c t i n g a s a g e n t , broker or a d v i s o r w i t h r e s p e c t t o
such l e a s e s ; i n f i n a n c i n g r e a l and p e r s o n a l p r o p e r t y
and e q u i p m e n t s u c h a s would be done by a commercial
f i n a n c e company; and s e r v i c i n g such e x t e n s i o n s of
c r e d i t ) a t One Rodney S q u a r e , W i l m i n g t o n , D e l a w a r e ,
through i t s s u b s i d i a r y , Chemical B u s i n e s s C r e d i t
Corp. ( 1 2 / 8 / 8 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
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 t o i n c l u d e
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 making o r 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 o r
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 ) a t 219
P e r i m e t e r Center P a r k w a y , A t l a n t a , G e o r g i a , 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 A c c e p t a n c e Company, I n c .
(12/5/83)
Philadelphia
CoreStates Financial Corp., Philadelphia, Pennsylvania,
n o t i f i c a t i o n of i n t e n t t o e n g a g e i n de novo a c t i v i t i e s
( i n t h e o r i g i n a t i o n of FHA, VA and c o n v e n t i o n a l
r e s i d e n t i a l m o r t g a g e l o a n s and second m o r t g a g e l o a n s )
a t The O f f i c e C e n t e r a t P r i n c e t o n Meadows, P I a i n s b o r o ,
New J e r s e y , s e r v i n g t h e S t a t e s of New J e r s e y ,
New York and P e n n s y l v a n i a ; S u i t e 1110 B e d f o r d E x e c u t i v e
O f f i c e P a r k , One E x e c u t i v e Park D r i v e , B e d f o r d , New
H a m p s h i r e , s e r v i n g t h e S t a t e s of New Hampshire and
M a s s a c h u s e t t s ; One Hoi l i s S t r e e t , W e i l e s l e y , Massac h u s e t t s , s e r v i n g t h e S t a t e s of M a s s a c h u s e t t s and
New Hampshire and I n t e r s e c t i o n of S. 336th S t r e e t
and P a c i f i c Highway South ( w i t h i n a 5 - m i l e r a d i u s
t h e r e o f ) F e d e r a l Way, W a s h i n g t o n , s e r v i n g t h e S t a t e
of W a s h i n g t o n , t h r o u g h i t s s u b s i d i a r y , C o l o n i a l
M o r t g a g e S e r v i c e Company A s s o c i a t e s , I n c .
(12/8/83)
Philadelphia
C o r e S t a t e s F i n a n c i a l Corp, P h i l a d e l p h i a , 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 e n g a g e in de novo a c t i v i t i e s
( i n commercial f i n a n c e and f a c t o r i n g a c t i v i t i e s i n c l u d i n g t h e s o l i c i t a t i o n and making of l o a n s t o
b u s i n e s s e s and c o r p o r a t i o n s s e c u r e d by a c c o u n t s
r e c e i v a b l e , i n v e n t o r y , equipment a n d / o r o t h e r a s s e t s
and t h e f a c t o r i n g of a c c o u n t s r e c e i v a b l e ) a t 6520
- 2 2 -
APPLICATIONS RECEIVED - C o n t i n u e d
n-wp-s F e r r y Road, A t l a n t a , G e o r g i a , s e r v i n g t h e
S t ? e of G e o r g i a , t h r o u g h i t s s u b s i d i a r y , C o n g r e s s
id c i a l C o r p o r a t i o n ( S o u t h e r n ) ( 1 2 / 6 / 8 3 )
PNC F i n a n c i a l C o r p , 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 o f i n t e n t t o e n g a g e i n d e novo a c t i v i t i e s
(providing s e c u r i t i e s , c r e d i t a c t i v i t i e s pursuant
t o t h e B o a r d ' s R e g u l a t i o n T, 12 C . F . R . , P a r t 2 0 ,
and i n c i d e n t a l a c t i v i t i e s s u c h a s o f f e r i n g c u s t o d i a l
s e r v i c e s , i n d i v i d u a l r e t i r e m e n t a c c o u n t s , and c a s h
management s e r v i c e s ) t h e d e novo a c t i v i t y would be
p r o v i d e d on a n a t i o n w i d e b a s i s , t h r o u g h i t s s u b s i d i a r y , HHC S e c u r i t i e s , I n c .
(12/5/83)
Maryland National C o r p o r a t i o n , B a l t i m o r e , Maryland,
n o t i f i c a t i o n o f i n t e n t t o e n g a g e i n d e novo
a c t i v i t i e s (leasing personal property including,
b u t n o t l i m i t e d t o , t h e l e a s i n g of v a r i o u s t y p e s of
equipment, machinery, vehicles, transportation
e q u i p m e n t , and d a t a p r o c e s s i n g e q u i p m e n t and i n c l u d i n g
c o n d i t i o n a l s a l e s c o n t r a c t s and c h a t t e l m o r t g a g e s
w h e r e t h e l e a s e i 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 o f c r e d i t ; o r i g i n a t i n g and s e r v i c i n g
personal p r o p e r t y l e a s e s as p r i n c i p a l or a g e n t ;
b u y i n g , s e l l i n g and o t h e r w i s e d e a l i n g i n p e r s o n a l
p r o p e r t y l e a s e c o n t r a c t s as p r i n c i p a l or a g e n t ;
a c t i n g as a d v i s e r in personal p r o p e r t y l e a s i n g
t r a n s a c t i o n s ; engaging in the s a l e , as agent or
b r o k e r , of i n s u r a n c e s i m i l a r i n form and i n t e n t t o
c r e d i t l i f e and/or mortgage redemption i n s u r a n c e ;
e n g a g i n g g e n e r a l l y in t h e b u s i n e s s of l e a s i n g r e a l
p r o p e r t y where t h e l e a s e i 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 ; o r i g i n a t i n g r e a l p r o p e r t y
leases as p r i n c i p a l or agent; servicing real property
leases for a f f i l i a t e d or nonaffiliated individuals,
p a r t n e r s h i p s * c o r p o r a t i o n s or other e n t i t i e s ; buying,
s e l l i n g and o t h e r w i s e d e a l i n g i n r e a l p r o p e r t y l e a s e s
a s p r i n c i p a l , a g e n t o r b r o k e r ; a c t i n g as a d v i s e r in
real p r o p e r t y l e a s i n g t r a n s a c t i o n s ; engaging g e n e r a l l y
i n c o m m e r c i a l 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 o
c r n n p r r i a l e n t e r p r i s e s ; and a c t i n g a s a d v i s e r o r b r o k e r
i n c o m m e r c i a l l e n d i n g t r a n s a c t i o n s ) a t 66 Bovet R o a d ,
' a r M a r r n , 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 , Maryland
r.aHona! Leasing Corporation
(12/5/83)
S o u t h e r n H a n c o r p o r a t i o n , I n c . , G r e e n v i l l e , South
C a r o l i n a , f o r a p p r o v a l t o a c q u i r e t h e a s s e t s of M a s t e r
Loan S e r v i c e of H o u s t o n , I n c . , H o u s t o n , T e x a s .
XU
*4(:HVED - Continued
i: i/ens
Southern Georgia C o r p o r a t i o n , A t l a n t a ,
(,err.j; % ^ f o r approval t o a c q u i r e 100 p e r c e n t of
t h r vf t i r y s h a r e s of F i r s t S o u t h e a s t e r n Company,
^ t ' a n t a * Georgia.
rA^pies H J d i n g C o . , I n c . , C o l l i n s v i l l e , Alabama,
n o t i f i c a t i o n of i n t e n t t o engage i n de novo
act i v i t i e s ( i n the s a l e of c r e d i t l i f e and
i«nd h e a l t h 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
*»tt*'nsirns of c r e d i t ; as p e r m i t t e d by T i t l e VI
\m H o n h*H -A of t h e Garn-St Germain D e p o s i t o r y
I n s t i t u t i o n s Ac* of 198?) t h e s e a c t i v i t i e s would
hr conducted in t h e town of C o l l i n s v i l i e , Alabama,
through i t s s u b s i d i a r y , The P e o p l e s Bank ( 1 2 / 8 / 8 3 )
H r s t Wisconsin C o r p o r a t i o n , Milwaukee, W i s c o n s i n ,
n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s
( i n p r o v i d i n g s e c u r i t i e s brokerage s e r v i c e s , r e l a t e d
s e c u r i t i e s c r e d i t a c t i v i t i e s pursuant t o t h e Federal
P c s e r v f Hoard's R e g u l a t i o n T, and i n c i d e n t a l a c t i v i t i e s
s c d - a s o f f e r i n g c u s t o d i a l s e r v i c e s and i n d i v i d u a l
r e t i r e m e n t a c c o u n t s ) s e r v i n g t h e S t a t e s of Wisconsin,
I l l i n o i s , Michigan, Minnesota, Iowa, Arizona and
Honda
(12/1/83)
SKASPNS OK WIS., INC., Manawa, Wisconson, n o t i f i c a t i o n
of i n t e n t to engage i n de novo a c t i v i t i e s ( i n 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 community with a p o p u l a t i o n
n^t e x c e e d i n g 5 , 0 0 0 ) t h e geographic area t o be served
w i l l be the community o f Manawa, Wi s c o n s i n , and the
surrounding rural area ( 1 2 / 2 / 8 3 )
J M f e r s o f , Holding C o r p . , Chicago, I l l i n o i s , n o t i f i c a t i o n
<1 i n t e n t t o engage in de novo a c t i v i t i e s ( i n commercial
"ending a c t i v i t i e s , s p e c i f i c a l l y , p a r t i c i p a t i n g in l o a n s
rvCc by J e f f e r s o n S t a t e Bank, C h i c a g o , I l l i n o i s , when
si.r n c L f r e r c i d l l e n d i n g a c t i v i t i e s exceed J e f f e r s o n
^ r a n k ' s lending l i m i t s ) t h e s e a c t i v i t i e s w i l l be
conoid ten in t h e C i t y of C h i c a g o , and i t s surrounding
r e : r o p o l i t a n area
(12/1/83)
%artna)I * I l s l e y C o r p o r a t i o n , Milwaukee, W i s c o n s i n ,
r a 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
urMrfwr1t i n g , a s r e i n s u r e r , c r e d i t l i f e and c r e d i t
an** h e a l t h insurance d i r e c t l y r e l a t e d t o
of c r e d i t hy A p p l i c a n t ' s c r e d i t - g r a n t i n g
- / s l o c a t e d in Wisconsin) t h e g e o g r a p h i c scope
fn*. M d m of W i s c o n s i n , through i t s s u b s i d i a r y ,
nf A r i z o n a , Inc.
(11/26/83)
#903 W . "
- ?4~
W
APPLICATIONS RECEIVED - C o n t i n u e d
is
f i r s t Rank S y s t e m . I n c . , M i n n e a p o l i s , M i n n e s o t a ,
n o t i f i c a t i o n o f i n t e n t t o r e l o c a t e d e novo
a c t i v i t i e s f i n m o r t g a g e hanking a c t i v i t i e s , i n c l u d i n g
t h e n r i ; ; * r ^ f i o n , p u r c h a s e , s a l e , b r o k e r i n g and s e r v i c i n g mf r e a l e s t a t e m o r t g a g e l o a n s ) from M i n n e a p o l i s ,
M i n n e s o t a t o ?f*10 U n i v e r s i t y Avenue, S t . P a u l , M i n n e s o t a ,
s e r v i n g markets l o c a t e d throughout t h e United S t a t e s ,
t h r o u g h i t s s u b s i d i a r y , FBS Mortgage C o r p o r a t i o n
U?/6/83t
No n e s t C o r p o r a t i o n , M i n n e a p o l i s , M i n n e s o t a , f o r a p p r o v a l
t o i n d i r e c t l y e n g a g e de novo i n t h e s a l e of c r e d i t
p r o p e r t y and c r e d i t - r e T a t e d c a s u a l t y i n s u r a n c e r e l a t e d
t o e x t e n s i o n s o f c r e d i t by i t s s u b s i d i a r i e s i n t h e
s t a t e s of M a s s a c h u s e t t s and M a r y l a n d ; Norwest p r o p o s e s
t h a t Norwest F i n a n c i a l M a s s a c h u s e t t s 1 c o n d u c t t h i s
a c t i v i t y i n M a s s a c h u s e t t s w h i l e Norwest F i n a n c i a l
M a r y l a n d , I n c . , and Norwest F i n a n c i a l L e a s i n g , I n c . ,
conduct t m s a c t i v i t y in M a r y l a n d .
fan&as 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 . , C e n t r a l C o l o r a d o Company, and
C . C . R . , I n c . , Denver, Colorado, f o r approval t o o f f e r
c r e d i t r e l a t e d l i f e i n s u r a n c e a t t h i s bank t h r o u g h
C e n t r a l Kancorp L i f e I n s u r a n c e Company, D e n v e r ,
Colorado.
fAntmt f l f y
Central M Kansas, I n c . , Junction C i t y , Kansas, n o t i f i c a t i o n
nf i n t e n t tn e n g a g e i n d e novo a c t i v i t i e s ( i n t h e
r e i n s u r a n c e of c r e d i t 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
w r i t t e n by c o m p a n i e s a u t h o r i z e d t o e n g a g e in t h e b u s i n e s s
o f i n s u r a n c e i n t h e S t a t e o f Kansas t o t h e e x t e n t s u c h
i n s u r a n c e i s r e l a t e d t o i t s e x t e n s i o n of c r e d i t ) t h e s e
a c t i v i t i e s would he r e n d e r e d i n t h e S t a t e o f K a n s a s ,
t h r o u g h i t s s u b s i d i a r y , C e n t r a l of K ansas C r e d i t L i f e
Insurance, Inc.
(12/9/83)
f^Msas City
F i r s t F r e d e r i c k C o r p o r a t i o n , F r e d e r i c k , Oklahoma,
n o t i f i c a t i o n of i n t e n t t o e n g a g e i n d e novo a c t i v i t i e s
Mn t h e r e n d e r i n g o f d a t a p r o c e s s i n g s e r v i c e s t o b a n k s
and n ; h e r f i n a n c i a l i n s t i t u t i o n s t h r o u g h S o u t h w e s t
Hat a Management, an Oklahoma g e n e r a l p a r t n e r s h i p , and
t o render such data p r o c e s s i n g s e r v i c e s t o not only
i t s s u b s i d i a r i e s hut a l s o t o o t h e r f i n a n c i a l i n s t i t u t i o n s
l o c a t e d w i t n m t h e S t a t e of O k l a h o m a , w i t h p r i m a r y
f v p h d s i \ on hanks and o t h e r f i n a n c i a l i n s t i t u t i o n s
l o c a t e d in t h e s o u t h w e s t e r n p a r t of t h e S t a t e of
t%tlahon?t f | l / * / x 3 )
- ? s i-M :f:a;iQNS RECEIVED - C o n t i n u e d
l a w t n n F i n a n c i a l C o r p . , Lawton, Oklahoma, n o t i f i c a t i o n
of i n t e n t t o e n g a g e i n de novo a c t i v i t i e s ( i n t h e
r e n d e r i n g of d a t a p r o c e s s i n g s e r v i c e s t o hanks and
*"her f i n a n c i a l i n s t i t u t i o n s t h r o u g h Southwest Data
Kjn<mement, an Oklahoma g e n e r a l p a r t n e r s h i p , and t o
rer-der such d a t a p r o c e s s i n g s e r v i c e s t o not o n l y i t s
s u b s i d i a r i e s but a l s o t o o t h e r f i n a n c i a l i n s t i t u t i o n s
l o c a t e d w i t h i n t h e S t a t e of Oklahoma, w i t h p r i m a r y
e m p h a s i s on b a n k s and o t h e r f i n a n c i a l i n s t i t u t i o n s
l o c a t e d in t h e s o u t h w e s t e r n p a r t of t h e S t a t e of
Oklahoma) ( 1 1 / 8 / 8 3 )
Texas Bancorp S h a r e s , I n c . , San A n t o n i o , 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 e n g a g e in de novo a c t i v i t i e s
f e e - b a s i s f i n a n c i a l p l a n n i n g and i n v e s t m e n t a d v i c e
in t h e San A n t o n i o , Texas a r e a ) t h r o u g h i t s s u b s i d i a r y , Texas Bancorp F i n a n c i a l A d v i s o r s , I n c .
:/ i/Pl)
'<;!nkAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a ,
" o t i f i c a t i o n of i n t e n t t o e n g a g e i n de novo a c t i v i t i e s
( h e a c t i v i t i e s of making o r a c q u i r i n g f o r i t s own
j c c o u n t o r f o r t h e a c c o u n t of o t h e r s , l o a n s o r 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 o r a c q u i r e d
ny j m o r t g a g e company, s e r v i c i n g such 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 f o r i t s e l f and o t h e r s , and a r r a n g i n g
( o m m e r c i a l r e a l e s t a t e e q u i t y f i n a n c i n g ) a t 2049 C e n t u r y
K a z a , S u i t e 3 0 6 0 , Los A n g e l e s , C a l i f o r n i a , s e r v i n g t h e
e n t i r e S t a t e of 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 , BA
M o r t g a g e and I n t e r n a t i o n a l R e a l t y C o r p o r a t i o n (a D e l a ware c o r p o r a t i o n )
(12/7/83)
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REPORTS RECEIVED
None.
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FTITIONS FOR RULEMAKING
None.
@FedFRASER