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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1984 No. 50
Actions of the Board; Applications and Reports
Received During the Week Ending December 15, 1984
APPLICABLE
RESERVE BANK

ACTIONS OF THE BOARD
Study regarding consideration of United States
membership in the Bank for International
Settlements.

Boston

First National Bank of Boston, Boston, Massachusetts,
proposal to merge with Bank of Boston-Barnstable,
National Association, Yarmouth Port, Massachusetts;
report to the Comptroller of the Currency on
competitive factors. /

1

Boston

First National Bank of Boston, Boston, Massachusetts,
proposal to merge with Bank of Boston-Essex,
National Association, Haverhill, Massachusetts;
report to the Comptroller of the Currency on
competitive factors. _/

1

Boston

First National Bank of Boston, Boston, Massachusetts,
proposal to merge with Bank of Boston-Worcester,
National Association, Whitinsville, Massachusetts;
report to the Comptroller of the Currency on
competitive factors. y

Boston

New Caledonia National Bank, Danville, Vermont, pro­
posal to merge with the Caledonia National Bank of
Danville, Danville, Vermont; report to the Comptroller
of the Currency on competitive factors. y

Boston

Bank of New England Corporation, Boston, Massachusetts,
extension of time to March 23, 1985, within which to
merge with CBT Corporation, Hartford, Connecticut. y

Boston

Hartford National Corporation, Hartford, Connecticut, ex­
tension of time to March 24, 1985, within which to
acquire Arltru Bancorporation, Lawrence, Massachusetts, y

y

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




H.2, 1984 No. 50

- 2 ACTIONS OF THE BOARD - Continued

New York

Connecticut Community Bank, Greenwich, Connecticut,
proposal to acquire a portion of the assets and
assume the liability to pay a portion of the deposits
made at the Stamford office of County Federal Savings
and Loan Association of Westport, Westport,
Connecticut; report to the Federal Deposit Insurance
Corporation on competitive factors. 1/

New York

East New York Savings Bank, Brooklyn, New York,
proposal to acqui re assets and assume the
liabilities of two branches of North Side Savings
Bank, Bronx, New York; report to the Federal
Deposit Insurance Corporation on competitive
factors, y

New York

Bank of the Philippine Islands, Makati, Metro Manila,
Philippines, proposal to acquire the assets and
assume the liabilities of Asian International Bank,
New York, New York; report to the Federal Deposit
Insurance Corporation on competitive factors, y

New York

Suffolk County National Bank of Riverhead, Riverhead,
New York, proposal to merge with the Suffolk Interim
National Bank, Riverhead, New York; report to the
Comptroller of the Currency on competitive factors, y

Philadelphia

Nanticoke Financial Services, Inc., Nanticoke, Penn­
sylvania, extension of time to March 10, 1985, within
which to become a bank holding company through the
acquisition of The Nanticoke National Bank, Nanticoke,
Pennsylvania, y

Cleveland

First-Knox Bank Corp., Mt. Vernon, Ohio, extension of
time to March 12, 1985, within which to acquire The
First-Knox National Bank of Mt. Vernon, Ohio. 1/

Cleveland

Mellon Bank Corporation, Pittsburgh, Pennsylvania, ex­
tension of time to December 9, 1985, within which
to dispose of common shares of General Exploration
Company, Dallas, Texas, y

]_/

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




H.2, 1984 No. 50

- 3 ACTIONS OF THE BOARD - Continued

Richmond

Bank of Danville, Danville, West Virginia, proposed
merger with Danville Interim Bank, Inc., Danville,
West Virginia, a proposed new bank; report to the
Federal Deposit Insurance Corporation on competitive
factors. V

Richmond

Hampton County Bank, Varnville, South Carolina, pro­
posed merger with Hampton County Interim Bank,
Varnville, South Carolina; report to the Federal
Deposit Insurance Corporation on competitive
factors. V

Ri chmond

Peoples Bank of Point Pleasant, Point Pleasant, West
Virginia, proposed merger with Mason County Bank,
New Haven, West Virginia; report to the Federal
Deposit Insurance Corporation on competitive factors. ]_/

Richmond

Bank of White Sulphur Springs, White Sulphur Springs,
West Virginia,.an investment in bank premises. JJ

Richmond

Bank of Virginia, Richmond,
time to October 23, 1985,
a branch on the southwest
Road and Military Highway
Virginia. ]_/

Atlanta

American Security Bank of Vi 11 e Platte, Vi lie Platte,
Louisiana, proposed merger with American Bank of
Vi 11e Platte, Ville Platte, Louisiana; report to the
Federal Deposit Insurance Corporation on competitive
factors. /

Virginia, extension of
within which to establish
corner of Old Greenbrier
(U.S. Route 13), Chesapeake,

1

Atlanta

First Alabama Bank, Birmingham, Alabama, proposed merger
with First Alabama Bank of Montgomery, N.A., Montgomery,
Alabama, and First Alabama Bank of Huntsville, N.A.,
Huntsville, Alabama; report to the Federal Deposit
Insurance Corporation on competitive factors. J_/

Atlanta

First National Bank of Shelbyville, Shelbyville, Tennessee,
proposed merger with First Shelbyville Interim National
Bank, Shelbyville, Tennessee; report to the Comptroller
of the Currency on competitive factors. J/

T7

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




H.2, 1984 No. 50

- 4 ACTIONS OF THE BOARD - Continued

Atlanta

Jeff Davis Bank, Hazel hurst, Georgia, proposed merger
with Jeff Davis Interim, Inc., Hazelhurst, Georgia;
report to the Federal Deposit Insurance Corporation
on competitive factors. _]/

Chicago

Bank of Indiana, National Association, Gary, Indiana,
proposal to transfer certain assets to Bank of
Indiana, FSB, Gary, Indiana, a proposed federal
savings bank under the charter and title of Bank
of Indiana, FSB; report to the Comptroller of the
Currency on competitive factors. 1J

Chicago

Lena Interim Bank, Lena, Illinois, proposal to merge
with Lena State Bank, Lena, Illinois, under the
charter of 1094 and title of Lena State Bank, Lena,
Illinois; report to the Federal Deposit Insurance
Corporation on competitive factors. J_/

Chicago

Marion Bancorp, Marion, Indiana, extension of time to
March 25, 1985, within which to become a bank holding
company through the acquisition of First National Bank
in Marion, Marion, Indiana. 1_/

Dallas

New Travis Bank and Trust, Austin, Texas, proposed
merger with Travis Bank and Trust, Austin, Texas;
report to the Federal Deposit Insurance Corporation
on competitive factorsJ_/

Dallas

San Antonio Bank and Trust, San Antonio, Texas, proposed
merger with Alamo National Bank of San Antonio, San
Antonio, Texas; report to the Comptroller of the Currency
on competitive factors. JJ

Dallas

Arlington Commonwealth Corporation, Arlington, Texas,
extension of time to January 18, 1985, within which
to acquire Commonwealth Bank of Arlington, Arlington,
Texas. ]_/

Dal las

Bankers Southwest Corporation, Waxahachie, Texas, ex­
tension of time to December 31, 1984, within which
to acquire State Bank and Trust Company, Dallas, Texas
(de novo), and State Bank and Trust Company, Ovilla,
Texas (de novo). 1/

1/

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




H.2, 1984 No. 50

- 5 ACTIONS OF THE BOARD - Continued

Dal las

Broadway Bancshares, Inc., San Antonio, Texas, exten­
sion of time to March 19, 1985, within which to acquire
Broadway National Bank-Westplex, Bexar County, Texas. 1_/

San
Francisco

Bank of Santa Ana, Santa Ana, California, proposed
merger with First American Trust Company, Santa
Ana, California, under the charter of the former
and title of the latter; report to the Federal
Deposit Insurance Corporation on competitive factors. J_/

Tj

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




H.2, 1984 No. 50

- 6 -

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

Approved
CivicBank of Commerce, Oakland, California. J/

San Francisco

The Vintage Bank, Napa, California. ]_/

St. Louis

First State Bank, Beebe, Arkansas. V
* * * * *

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

Approved
Union Bank and Trust Company, Ottumwa, Iowa, to merge with
The First National Bank Eldon, Eldon, Iowa. 1/
*

* * *

*

To Establish a Domestic Branch Pursuant
to Section 9 of the Federal Reserve Act
San Francisco

Philadelphia

Approved
Pioneer Bank, Fullerton, California. To establish a
branch office to be located at or in the vicinity of
Sandpointe Avenue, San Ana, California. 1_/
tr
The Bank of New Jersey, Camden, New Jersey. To establish
ATM's at the following locations: AM/PM Mini Market,
Route 73 and Spring Hill Drive, Maple Shade, New
Jersey and AM/PM Mini Market, Route 130 and Manor
Drive, Del ran, New Jersey. 1/

200

Chicago

Chemical Bank and Trust Company, Midland, Michigan. To
establish an offsite electronic facility within the
Michigan Division of Dow Chemical Company, at 1000
E. Main Street, Building 47, Midland, Michigan. 1/

Chicago

Davenport Bank and Trust Company, Davenport, Iowa. To
establish an offsite electronic facility at JoeVan
Foods, 1421 Kimberly Road, Bettendorf, Iowa. 1/

77

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




H.2, 1984 No. 50

- 7 ACTIONS OF THE BOARD - Continued

Atlanta

North First Bank, North Fort Myers, Florida. To establish
a branch at 407 Cape Coral Parkway West, Cape Coral,
Florida. 1/
* * * * *

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

Not Disapproved
The Wilshire Bancorporation, Los Angeles, California. 1/

San Francisco

Southwest Bancorp, Vista, California. 1_/

Minneapolis

Dakota Bancorporation, Crosby, North Dakota. 1_/

Kansas City

Bon, Inc., Moundridge, Kansas. J_/

Kansas City

Hanston Insurance Agency, Inc., Hanston, Kansas. ]_/

Dallas

Bosque Corporation, Meridian, Texas. 1/
* * * * *

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

New York

Forty-Five Day Notification Allowed to Expire
The Chase Manhattan Bank, N.A., New York, New York: no
objection to establish an initial branch in Montevideo,
Uruguay.
Irving Trust Company, New York, New York: no objection to
acquire a 40 percent voting and equity interest in
Turkiye Tutunculer Bankasi A.S., Izmir, Turkey.
* * * * *

T7

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




H.2, 1984 No. 50

- 8 -

ACTIONS OF THE BOARD - Continued
To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Chicago

Returned
Citizens Bancshares, Inc., Walnut, Illinois, for approval
to acquire at least 80 percent of the voting shares of
Citizens First State Bank of Walnut, Walnut, Illinois.

St. Louis

First Bank Corp., Fort Smith, Arkansas, for approval to
acquire at least 80 percent of the voting shares of
First National Bank of Fort Smith, Fort Smith, Arkansas.

Kansas City

Sooner Southwest Bancshares, Inc., Bristow, Oklahoma, for
approval to acquire at least 81 percent of the voting
shares of Anadarko Bancshares, Inc., Anadarko, Oklahoma
and indirectly Anadarko Bank and Trust Co., Anadarko,
Oklahoma and Community Bancorporation, Inc., Bristow,
Oklahoma and indirectly Community Bank, Bristow, Oklahoma.

Dallas

Cush-Banc Shares, Inc., Cushing, Texas, for approval to
acquire 80 percent of the voting shares of The First
National Bank of Cushing, Cushing, Texas.

Richmond

Approved
Community Bancorporation, Inc., Greenville, South Carolina,
for approval to acquire
percent of the voting shares
of the successor by merger to Community Bank, Greenville,
South Carolina. ]_/

100

Atlanta

Dawson County Bancshares, Inc., Dawsonville, Georgia, for
approval to acquire at least 80 percent of the voting
shares of Dawson County Bank, Dawsonville, Georgia. 1_/

Atlanta

Louisiana Bancshares, Inc., Baton Rouge, Louisiana, for
approval to acquire
percent of the voting shares of
First Bancshares of Louisiana, Inc., Baton Rouge,
Louisiana, and indirectly Louisiana National Bank of
Baton Rouge, Baton Rouge, Louisiana; First National
Bancorp, Inc., Shreveport, Louisiana, and indirectly
The First National Bank of Shreveport, Shreveport,
Louisiana; and Quachita National Bancshares, Inc.,
Monroe, Louisiana, and indirectly, The Quachita National
Bank in Monroe, Monroe, Louisiana.

1/

100

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




H.2, 1984 No. 50

- 9 ACTIONS OF THE BOARD - Continued

Chicago

Auburn Financial Corp., Auburn, Indiana, for approval to
acquire 100 percent of the voting shares of The Auburn
State Bank, Auburn, Indiana. 1/

Chicago

First Fontanelle Bancorporation, Fontanelle, Iowa, for
approval to acquire at least 97.5 percent of the voting
shares of First National Bank, Fontanelle, Iowa. V

Chicago

Indiana Bancshares, Inc., Bargersville, Indiana, for approval
to acquire 100 percent of the voting shares of The
Bargersville State Bank, Bargersville, Indiana. 1_/

St. Louis

BBI Bancshares, Inc., St. Louis, Missouri, for approval
to acquire 99.99 percent of the voting shares of First
National Bank of Kansas City, Kansas City; 100 percent
of the voting shares of CharterBank, St. Louis, N.A.,
St. Louis; CharterBank Webster Groves Trust Company,
Webster Groves; CharterBank of Jennings, Jennings;
CharterBank of Carthage, Carthage; CharterBank of
Ward Parkway N.A., Kansas City; CharterBank Springfield
N.A., Springfield; CharterBank Lee's Summit, Lee's
Summit; CharterBank Aurora, Aurora; CharterBank of
Overland, Overland; CharterBank Cassville, N.A., Cassville;
CharterBank Butler, Butler; Livestock National Bank of
Kansas City, Kansas City; CharterBank Independence,
Independence; CharterBank Marshall, Marshall; CharterBank
DeSoto, DeSoto; CharterBank of Ladue, Ladue; CharterBank
Belton, Belton; CharterBank Lebanon, N.A., Lebanon;
CharterBank Clinton, Clinton; CharterBank Excelsior
Springs, Excelsior Springs; CharterBank Lexington,
Lexington; CharterBank Boonville, N.A., Boonville;
99.94 percent of the voting shares of CharterBank
Richmond, N.A., Richmond; 100 percent of the voting
shares of CharterBank Lockwood, Lockwood; CharterBank
Nevada, Nevada; and CharterBank Raytown, Raytown, all
located in Missouri.

Kansas City

Republic Financial Corporation, Wichita, Kansas, for approval
to acquire at least 99.395 percent of the voting shares of
Twin Lakes State Bank, Wichita, Kansas. 1_/

Dallas

Corpus Christi Bancshares, Inc., Corpus Christi, Texas, for
approval to acquire
percent of the voting shares of
Citizens State Bank of Corpus Christi, Corpus Christi,
Texas. 1/

1/

100

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




H.2, 1984 No. 50

- 10 -

ACTIONS OF THE BOARD - Continued
Dallas

Equitable Bankshares, Inc., Dallas, Texas, for approval to
acquire 100 percent of the voting shares of Equitable
Bank, Dallas, Texas. 1_/

San Francisco

Campbell Bancshares, Campbell, California, for approval to
acquire 100 percent of the voting shares of Campbell
National Bank, Campbell, California, a proposed new bank. 1_/

San Francisco

CoBank Financial Corporation, San Luis Obispo, California,
for approval to acquire
percent of the voting shares
of Commerce Bank of San Luis Obispo, N.A., San Luis
Obispo, California, a proposed new bank.

100

* * * * *

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

Approved
National Penn Bancshares, Inc., Boyertown, Pennsylvania,
for approval to acquire at least
percent of the voting
shares of National Bank of the Main Line, Wayne, Pennsylvania,
a proposed new bank. J/

20

Chicago

Malta Bancshares, Inc., Malta, Illinois, for approval to
acquire at least 50.1 percent of the voting shares of
State Bank of Paw Paw, Illinois, Paw Paw, Illinois. y

Kansas City

First Beemer Corporation, Beemer, Nebraska, for approval to
acquire 100 percent of the voting shares of American
State Bank, Homer, Nebraska. 1_/

Dallas

First of Groves Corporation, Groves, Texas, for approval to
acquire at least 18.4 percent of the voting shares of
First National Bank of Silsbee, Silsbee, Texas. 1/
★

V

★

*

*

*

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




H.2, 1984 No. 50

-

11

ACTIONS OF THE BOARD - Continued
To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
St. Louis

Approved
Boatmen's Bancsnares, Inc., St. Louis, Missouri, for
approval to merge with CharterCorp, Kansas City, Missouri,
and indirectly acquire First National Bank of Kansas City,
Kansas City; CharterBank, St. Louis N.A., St. Louis;
CharterBank Webster Groves Trust Company, Webster Groves;
CharterBank of Jennings, Jennings; CharterBank of
Carthage, Carthage; CharterBank Ward Parkway, N.A.,
Kansas City; CharterBank Springfield, N.A., Springfield;
CharterBank Lee's Summit, Lee's Summit; CharterBank
Aurora, Aurora; CharterBank of Overland, Overland;
CharterBank Cassville, N.A., Cassville; CharterBank
Butler, Butler; Livestock National Bank of Kansas City,
Kansas City; CharterBank Independence, Independence;
CharterBank Marshall, Marshall; CharterBank DeSoto,
DeSoto; CharterBank of Ladue, Ladue; CharterBank
Belton, Belton; CharterBank Lebanon N.A., Lebanon;
CharterBank Clinton, Clinton; CharterBank Excelsior
Springs, Excelsior Springs; CharterBank Lexington,
Lexington; CharterBank Boonville, N.A., Boonville;
CharterBank Richmond, N.A., Richmond; CharterBank
Lockwood, Lockwood; CharterBank Nevada, Nevada; and
CharterBank Raytown, Raytown, all located in Missouri.
* * * * *

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

New York

Approved
Fleet Financial Group, Inc., Providence, Rhode Island, for
approval to acquire Davidge & Company, Washington, D. C.
and to engage in investment advisory activities including the
provision of investment advisory services and portfolio
investment advice to individuals, endowment funds and
employee benefit plan in Washington, D. C. V
Barclays Bank PLC and Barclays Bank International Limited,
both of London, England; Chemical New York Corporation,
New York, New York; National Westminster Bank PLC,
London, England and NatWest Holdings, Inc., New York, New York
Northeast Bancorp, Inc., New Haven, Connecticut; Manufacturers

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




H.2, 1984 No. 50

-

12

-

ACTIONS OF THE BOARD - Continued
Hanover Corporation, New York, New York; The Bank of New
York Company, Inc., New York, New York; and The Hongkong and
Shanghai Banking Corporation, Hong Kong. B.C.C.; Kellett
NV, Curacao, Netherlands Antilles; HSBC Holdings BV,
Amsterdam, the Netherlands; and Marine Midland Banks, Inc.,
Buffalo, New York, for approval for each to acquire more
than 5 percent of the voting shares of a de novo company,
The New York Switch Corporation, Fort Lee, New Jersey.
New York

Manufacturers Hanover Corporation, New York, New York,
for approval to acquire, through MHC's indirect subsidiary,
Manufacturers Hanover Financial Services, Inc., 100 percent
of the voting shares of Courtesy Loan Finance, Inc.,
Binghamton, New York, and thereby to engage in certain
nonbanking activities. ]_/

Atlanta

Louisiana Bancshares, Inc., Baton Rouge, Louisiana, for
approval to acquire Louisiana National Mortgage Company,
Baton Rouge, Louisiana.

St. Louis

BBI Bancshares, Inc., St. Louis, Missouri, for approval
to acquire Charter Bankers Life Insurance Company, Kansas
City, Missouri.

St. Louis

Boatmen's Bancshares, Inc., St. Louis, Missouri, for approval
to acquire Charter Bankers Life Insurance Company,
Kansas City, Missouri.

Minneapolis

First Bank System, Inc., Minneapolis, Minnesota, for approval
to acquire certain assets from Orcutt, Sletta, Steiner,
Inc., Mankato, Minnesota. ]_/

Kansas City

Central of Kansas, Inc., Junction City, Kansas, for approval
to acquire 100 percent of the voting shares of Central
Computer Services, Inc., Junction City, Kansas, and
thereby indirectly engage in data processing and trans­
mission activities. 1/

Philadelphia

V
3/

Permitted
Fidelcor, Inc., Philadelphia, Pennsylvania, notification of
intent to expand the credit life activities of its subsidiary,
Fidelcor Life Insurance Company, Phoenix, Arizona (to
include retail installment contracts or consumer leases
purchases from dealers) in the following states: Delaware,
Maryland, New Jersey, New York and Ohio (12/12/84) 3/

Application processed on behalf of the Board of Governors under
delegated authority.
4(c)(8) notification processed by Reserve Bank on behalf of the
Board of Governors under delegated authority.




H.2, 1984 No. 50

- 13 ACTIONS OF THE BOARD - Continued

Atlanta

Community Bankshares, Inc., Cornelia, Georgia, notification
of intent to engage in de novo activities (in management
consulting to depository institutions in connection with
the construction, operation and marketing of retail
banking facilities known as "Supermarket Banks") these
activities would be performed in all states in the United
States which permit branch banking (12/9/84) 3/

Chicago

Lincoln Bancorp, Reinbeck, Iowa, notification of intent to
engage in de novo activities (in data processing services)
through its subsidiary, LSB Computer Services, Inc., Reinbeck,
Iowa (12/14/84) 3/

Chicago

Lincoln Bancorp, Reinbeck, Iowa, notification of intent to
engage in de novo activities (in leasing personal or
real property acquired specifically to meet the needs
of a particular leasing transaction) through its sub­
sidiary, Lincoln Lease Corp., Reinbeck, Iowa (12/14/84) y

Dallas

Provident Bancorp, Inc., Dallas, Texas, notification of intent
to engage in de novo activities (to initiate and
service residential and commercial mortgages for sale to
investors or in the secondary mortgage market pursuant to
section 225.25(b)(1) of Regulation Y) through its subsidiary,
Provident Mortgage Corporation, Dallas, Texas (12/14/84) 3/

San Francisco

First Western Bancorporation, Moab, Utah, notification of
intent to engage in de novo activities (in making or
acquiring loans and other extensions of credit such as
would be made by a commercial finance company including
commercial loans secured by a borrower's inventory,
accounts receivable, and other assets; and making leases
of personal property; and making of real estate mortgages;
servicing such loans; and leases for others) these
activities would be permitted in the States of Utah,
Colorado, and New Mexico (within a 200-mile radius of
the Moab, Utah, office) through its subsidiary, First
Western Financial Services (12/15/84) 3/
* * * * *

3/

4(c)(8) notificatioan processed by Reserve Bank on behalf of the
Board of Governors under delegated authority.







H.2, 1984 No. 50

- 15 APPLICATIONS RECEIVED
To Establish a Domestic Branch Pursuant
to Section 9 of the Federal Reserve Act

Atlanta

Trust Company Bank, Atlanta, Georgia. To establish a
branch at 11515 Alpharetta Highway, Roswell, Georgia. 2/

New York

Chemical Bank, New York, New York. To establish a branch
at AT&T Communications Inc., 32 Avenue of the Americas,
New York, New York. 2/

Richmond

Bank of White Sulphur Springs, White Sulphur Springs,
West Virginia. To establish a branch on U.S. Route
219 North, Lewisburg, West Virginia. 2/
* * * * *

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

Citibank International, Miami, Florida: requests specific
consent to act as an insurance agent or broker with
respect to international commercial risks and invest in
one or more domestic subsidiaries engaged exclusively in
the proposed activity, up to an aggregate investment cost.

Chicago

Continental Illinois National Bank and Trust Company of Chicago,
Chicago, Illinois: prior notification of its intent
to make an investment in its wholly-owned subsidiary,
Continental Illinois Bank (Canada).

Chicago

First Chicago International Finance Corporation, Chicago,
Illinois: prior notification of its intent to make an
additional investment in P.T. Salindo Perdana Leasing
Indonesia.
* * * * *

2/

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




H.2, 1984 No. 50

- 16 APPLICATIONS RECEIVED - Continued

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

Security Banc Corporation, Springfield, Ohio, for approval
to acquire 100 percent of the voting shares of The
Security National Bank and Trust Co., Springfield,
Ohio. 2/

Ri chmond

Southwest Virginia Bankshares, Inc., Marion, Virginia,
for approval to acquire 100 percent of the voting shares
of the successor by merger to The Bank of Marion, Marion,
Virginia. 2/

Atlanta

The First BancCrossvi1le, Inc., Crossville, Tennessee,
for approval to acquire 100 percent of the voting shares
of The First National Bank of Crossville, Inc., Crossville,
Tennessee. 2/

Atlanta

Jeff Davis Bancshares, Inc., Hazlehurst, Georgia, for approval
to acquire 100 percent of the voting shares of Jeff Davis
Bank, Hazlehurst, Georgia. 2 j

Atlanta

Kisco Financial Corporation, Miami, Florida, for approval to
acquire at least 98.94 percent of the voting shares of
Kislak National Bank (formerly Peoples Liberty National
Bank of North Miami), North Miami, Florida. 2/

Atlanta

Southwest Banc Shares, inc., Chatom, Alabama, for approval
to acquire 100 percent of the voting shares of Chatom
State Bank, Chatom, Alabama. 2/

Chicago

Citizens Bancshares, Inc., Walnut, Illinois, for approval
to acquire at least 80 percent of the voting shares of Citizens
First State Bank of Walnut, Walnut, Illinois. 2/

Chicago

Des Plaines National Bancorp, Inc., Des Plaines, Illinois,
for approval to acquire 100 percent of the voting shares
of Des Plaines National Bank, Des Plaines, Illinois. 2/

Chicago

First National Corporation, Bloomington, Indiana, for
approval to acquire 100 percent of the voting shares of
First National Bank of Bloomington, Bloomington,
Indiana. 2/

2/

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




H.2, 1984 No. 50

- 17 APPLICATIONS RECEIVED - Continued

Kansas City

Thatcher Banking Corporation, Denver, Colorado, for approval
to acquire at least 80 percent of the voting shares of
The First National Bank of Salida, Salida, Colorado and
indirectly Pitkin County Bank & Trust Company, Aspen,
Colorado. 2/

Dallas

BSJ Bancshares, Inc., St. Joseph, Louisiana, for approval
to acquire at least 80 percent of the voting shares of
Bank of St. Joseph & Trust Co., St. Joseph, Louisiana. 2/

Dallas

The Equitable Company of Texas, Dallas, Texas, for approval
to acquire 100 percent of nonvoting, Series A, preferred
stock, and common stock warrants of United Banks, N.A.,
Midland, Texas. 2/

Dallas

Georgetown National Bank Holding Company, Georgetown, Texas,
for approval to acquire 100 percent of the voting shares of
Georgetown National Bank, Georgetown, Texas. 2/

Dallas

Marble Falls National Bancshares, Inc., Marble Falls,
Texas, for approval to acquire 100 percent of the voting
shares of Marble Falls National Bank, Marble Falls, Texas. 2/
* * * * *

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

Merchants Bancorp, Inc., Allentown, Pennsylvania, for
approval to acquire 100 percent of the shares of Number
One Bancorp, Inc., Scranton, Pennsylvania and indirectly
First State Bank, Scranton, Pennsylvania. 2/

Cleveland

Community Holding Company, Inez, Kentucky, for approval to
acquire at least 42.036 percent of the voting shares of
The First National Bank of Louisa, Louisa, Kentucky. 2/

Minneapolis

Citizens Development Company of Billings Montana, Billings,
Montana, for approval to acquire at least 97 percent of
the voting shares of 1st Security Bank of Laurel,
Laurel, Montana. 2/

2/
—

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




H.2, 1984 No. 50

- 18 APPLICATIONS RECEIVED - Continued

Minneapolis

Security Banks of Montana, Billings, Montana (formerly
Security Bancshares of Montana), for approval to acquire
100 percent of the voting shares of Montana Bancsystem,
Inc., Billings; Montana Bank of Billings, Billings;
Montana Bank of Circle, N.A., Circle; Montana Bank of
Livingston, Livingston; First National Montana Bank
of Missoula, Missoula; Montana Bank of South Missoula,
Missoula; Montana Bank of Forsyth, Forsyth; Baker
Bancorporation, Inc., Billings; all of Montana and
indirectly acquire Montana Bank of Baker, N.A.,
Baker; Bozeman Bancorporation, Inc., Billings; and
indirectly acquire Montana Bank of Bozeman, N.A., Bozeman;
Butte Bancorporation, Inc., Billings; and indirectly
acquire Montana Bank of Butte, N.A., Butte; Mineral
County Bancorporation, Inc., Billings; and indirectly
acquire Montana Bank of Mineral County, Superior; Red Lodge
Bancorporation, Inc., Billings; and indirectly acquire
Montana Bank of Red Lodge, N.A., Red Lodge; Roundup
Bancorporation, Inc., Billings (formerly Roundup Insurance
Agency, Inc.) and indirectly acquire Montana Bank of
Roundup, N.A., Roundup; Sidney Holding Company, Billings;
and indirectly acquire Montana Bank of Sidney, N.A., Sidney;
all of Montana. 2/

Kansas City

Commercial Bancorporation of Colorado, Denver, Colorado, for
approval to acquire 100 percent of the voting shares of Liberty
State Bank, Colorado Springs, Colorado. 2/

Kansas City

Commercial Investment Company, Denver, Colorado, for approval
to acquire indirectly 100 percent of the voting shares of
Liberty State Bank, Colorado Springs, Colorado, through
its subsidiary Commercial Bancorporation of Colorado,
Denver, Colorado. 2/

Kansas City

Founders Bancorporation, Inc., Oklahoma City, Oklahoma,
for approval to acquire 100 percent of the voting shares
of Commerce Bancshares, Inc., The Village, Oklahoma and
indirectly Commerce Bank, The Village, Oklahoma. 2/

Kansas City

Midwestern Services, Inc., Omaha, Nebraska, for approval to
acquire 100 percent of the voting shares of First Westside
Bank of Omaha, Omaha, Nebraska. 2/

Kansas City

Lowry Facilities, Inc., Clinton, Oklahoma, for approval to
acquire 100 percent of the voting shares of Oklahoma
Bancorporation, Inc., Clinton, Oklahoma and indirectly
Oklahoma Bank and Trust Company, Clinton, Oklahoma. 2/

Tj

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




H.2, 1984 No. 50

- 19 APPLICATIONS RECEIVED - Continued

Kansas City

United Banks of Colorado, Inc., Denver, Colorado, for
approval to acquire
percent of the voting shares of
United Bank of University Hills, N.A., Denver, Colorado,
a proposed new bank. /

Dallas

MCorp, Dallas, Texas, for approval to acquire indirectly
through its wholly owned subsidiary MCorp Financial Corporation,
Wilmington, Delaware, up to an additional 136,284 shares
of nonvoting, Series A, preferred stock of United Bank, N.A.,
Midland, Texas. 2 j

100
2

* * * * *

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

Horizon Bancorp, Morristown, New Jersey, notification of
intent to engage in de novo activities (performing functions
and activities that may be performed by a trust company
[including activities of a fiduciary, agency or custodial
nature] and such other activities as are necessary,
incident or related to the activities of a trust company)
through its subsidiary, Horizon Trust Company of Florida,
National Association, Boca Raton, Florida (12/10/84)

Philadelphia

Meridian Bancorp, Inc., Reading, Pennsylvania, notification
of intent to engage in de novo activities (( ) through
Meridian Asset Management, Inc. to perform trust company
activities that do not require true fiduciary powers, such
as agency, custodial and related services; ( ) through
Meridian Investment Company to engage in providing invest­
ment advisory services; and (3) through Meridian Trust
Company providing fiduciary services) (12/12/84)

1

2

Richmond

Mercantile Bankshares Corporation, Baltimore, Maryland,
for approval to acquire Suburban Mortgage Servicing
Company, Bethesda, Maryland.

Atlanta

AmSouth Bancorporation, Birmingham, Alabama, for approval
to engage de novo in consumer lending and deposit taking through
AmSouth Bank Tampa, N.A., Tampa, Florida; AmSouth Bank
Chattanooga, N.A., Chattanooga, Tennessee and AmSouth Bank
Nashville, N.A., Nashville, Tennessee.

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




H.2, 1984 No. 50

- 20 -

APPLICATIONS RECEIVED - Continued
Chicago

Irwin Union Corporation, Columbus, Indiana, notification
of intent to engage in de novo activities (acting as
investment or financial advisor in providing investment
advice, general economic information, industry studies
and financial advice to clients; underwriting dealing in,
brokering and purchasing and selling government obligations
and money market instruments; providing cash management
services and, buying and selling securities as agent for
the accounts of customers; providing management consulting
advice to nonaffiliated bank and nonbank depository
institutions) through its subsidiary, Irwin Union Capital
Corporation (12/11/84)

Chicago

Valley Bancorporation, Appleton, Wisconsin, for approval
to acquire BancWis Leasing Company, Inc., Janesville,
Wisconsin.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota, for approval
to transfer the general insurance agencies operated by
19 of its subsidiary banks located in the States of
Minnesota, Montana, North Dakota and South Dakota, to
Norwest Agencies, Inc.

Minneapolis

Security Banks of Montana, Billings, Montana (formerly
Security Bancshares of Montana) for approval to acquire
certain nonbank activities conducted by Montana Bancsystem,
Inc. in providing data processing services and conducting
general insurance agency activities in communities with
population not exceeding 5,000.

Kansas City

First Cordell Banco, Inc., Cordell, Oklahoma, notification of
intent to expand its de novo activities (engaging in
general insurance activities) in Cordell, Oklahoma, through
its subsidiary, First Cordell Insurance Agency, Inc. (12/10/84)

Kansas City

FirsTier, Inc., Omaha, Nebraska, notification of intent to
expand its de novo activities (originating for its own
portfolio or for sale to investors and/or brokering
residential and commercial loans and other lending trans­
actions; including both construction and permanent loans;
local collecting and inspecting activities; the activities
include, but are not limited to, processing applications,
issuing commitments, closing and/or assigning loans and
local collecting and inspection activities; the primary
servicing of closed loans will be performed by the
home office in Omaha, Nebraska) the geographic area
to be served includes all of the area throughout the
United States, through its subsidiary, FirsTier Mortgage
Co. (12/10/84)




H.2, 1984 No. 50

- 21 -

APPLICATIONS RECEIVED - Continued
San Francisco

Security Pacific Corporation, Los Angeles, California,
for approval to acquire
percent of the voting shares
of EARNS, Inc., Simi Valley, California.

San Francisco

Wells Fargo & Company, San Francisco, California, notifi­
cation of intent to expand the geographic scope of an
existing subsidiary, Central Western Insurance Company,
Phoenix, Arizona (to include the state of Georgia and
to continue to engage in underwriting, as reinsurer,
credit life and credit disability insurance directly
related to extensions of credit by the credit extending
affiliates of Wells Fargo & Company) (12/13/84)




100

* * * * *

REPORTS RECEIVED
Current Report Filed Pursuant to
Section 13 of the Securities Exchange Act
The Bank of Alexandria
Alexandria, Virginia
* * * * *

Proxy Statement (Special Meeting) Filed
Pursuant to Section 14(a) of the Securities Exchange Act
The Bank of Amelia
Amelia, Virginia
*

* *

* *

PETITIONS FOR RULEMAKING
None