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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1990, NO. 52 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending December 29, 1990 ACTIONS TAKEN BY THE BOARD OF GOVERNORS ENFORCEMENT C i t i z e n s F i r s t B a n c o r p, Inc., G l e n Rock, - w r i t t e n a g r e e m e n t d a t e d D e c e m b e r 18, t h e F e d e r a l R e s e r v e Bank of N e w York. New Jersey 1990, w i t h Announced, December 28, 1990. S m y r n a Ban k a n d T r u s t Co., Smyrna, G e o r g i a — written a g r e e m e n t d a t e d D e c e m b e r 18, 1990, w i t h t he Federal R e s e r v e B a n k of A t l a n t a a n d t h e C o m m i s s i o n e r of the D e p a r t m e n t of B a n k i n g a n d F i n a n c e of the S t a t e of Georgia. Announced, December 28, 1990. U B A F A r a b A m e r i c a n Bank, N e w York, N e w Y o r k — w r i t t e n a g r e e m e n t d a t e d D e c e m b e r 19, 1990, w i t h t he F ed e r a l R e s e r v e B a n k of N e w York. Announced, December 28, 1990. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM * Office of Staff Director for Management BANK BRANCHjjk DOMESTIC Chicago Bank of Elmwood, Racine, Wisconsin — branch at 3900 Erie Street. Approved, December 27, 1990. Richmond Central Fidelity Bank, Richmond, Virginia — to establish a branch at 1832 Kempsville Road, Virginia Beach, Virginia. Approved, December 24, 1990. New York Chemical Bank, New York, New York — to establish a branch at the Insurance Services Office, Inc., 7 World Trade Center. Approved, December 24, 1990. Minneapolis Montana Bank of Billings, Billings, Montana — to establish branches at Baker; Bozeman; Circle; Livingston; Red Lodge; Butte; Forsyth; Superior; Roundup; Missoula; and Sidney, Montana. Approved, December 27, 1990. Secretary Sovran Bank / Central South, Nashville, Tennessee — to establish a branch at 6031 Village Grove Drive, Memphis, Tennessee. Approved, December 28, 1990. to establish a H.2 DECEMBER 24, 1990 PAGE 2 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC New York United Jersey Bank, Hackensack, New Jersey — to establish an electronic facility at KPMG Peat Marwick, Three Chestnut Ridge Road, Montvale, New Jersey. Approved, December 27, 1990. Minneapolis Western Bank, Sioux Falls, South Dakota — to establish a branch at 5501 West 41st Street. Approved, December 26, 1990. BANK HOLDING COMPANIES Atlanta Adairsville Bancshares, Inc., Adairsville, Georgia — to acquire The Peoples Bank, Crawfordville, Georgia. Approved, December 28, 1990. Staff Director BS&R BankAmerica Corporation, San Francisco, California, and Seafirst Corporation, Seattle, Washington — proposal that Seattle First National Bank purchase the assets and assume the Washington - based deposit liabilities of Bank of America, Federal Savings Bank, Portland, Oregon, which was formed to acquire certain assets and assume deposit liabilities of the Benjamin Franklin Federal Savings and Loan Association. Approved, December 28, 1990. Chicago Britt Bancshares, Inc., St. Paul, Minnesota, Tripoli Bancshares, Inc., and Readlyn Bancshares, Inc. — to acquire Ashton Bancshares, Inc., Ashton, Iowa, and Ashton State Bank. Approved, December 27, 1990. Staff Director BS&R Carolina First Corporation, Greenville, South Carolina — proposal that Carolina First Bank purchase the assets and assume the liabilities of First Carolina Interim Bank, F.S.B., which was formed to acquire certain assets and assume deposit liabilities of two branches of American Federal Bank, F.S.B. Approved, December 28, 1990. H.2 DECEMBER 24, 1990 PAGE 3 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Richmond Carolina First Corporation* Greenville* South Carolina — to acquire two branches of American Federal Bank* F.S.B. Approved* December 28* 1990. San Francisco Celco Enterprises Incorporated, Eugene, Oregon — acquire Liberty Savings Bank. Withdrawn* December 26* 1990. to Dallas Fidelity Bancorporation* Inc., Dover* Delaware — acquire Fidelity Bank* Fort Worth* Texas. Approved* December 24* 1990. to Atlanta First Bancshares of Stevenson* Inc.* Stevenson* Alabama — to acquire The First National Bank of Stevenson. Approved* December 24* 1990. Minneapolis Hettinger Holding Company* Inc.* Hettinger* North Dakota — to acquire First National Bank. Approved* December 27* 1990. Minneapolis Jacob Schmidt Company* St. Paul* Minnesota* and American Bancorporation* Inc.* St. Paul* Minnesota — to acquire the Farmers State Bank of Rothsay* Rothsay* Minnesota. Approved* December 26* 1990. Minneapolis Norwest Corporation* Minneapolis* Minnesota — to acquire Blackhawk Bancorporation* Waterloo* Iowa. Approved* December 28* 1990. S t . Louis Old National Bancorp* Evansville* Indiana — to engage de novo in data processing through Old National Service Corp. Permitted* December 26* 1990. H .2 DECEMBER 24, 1990 PAGE 4 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES New York Osterreichische Landerbank Aktiengesellschaft, Vienna, Austria — to acquire Roley, Nichols Capital Group, Inc., Los Angeles, California, and engage in investment advisory and shareholder servicing activities. Approved, December 24, 1990. S t . Louis Phelps County Bank Employee Stock Ownership Plan, Rolla, Missouri — to acquire Phelps County Bancshares, Inc. Approved, December 24, 1990. Kansas City Plainview Holding Company, Plainview, Nebraska — acquire Cones State Bank, Pierce, Nebraska. Approved, December 28, 1990. Staff Director BS&R PNC Financial Corp., Pittsburgh, Pennsylvania proposal that Pittsburgh National Bank purchase the assets and assume the liabilities of PNC Interim Federal Savings Bank, which was formed to acquire certain assets and assume deposit liabilities of First Federal Savings and Loan Association of Pittsburgh. Approved, December 28, 1990. Kansas City Security Corporation, Duncan, Oklahoma — to acquire Security Exchange Bancorp, Inc., and Exchange Financial Corporation, Ardmore, Oklahoma, and Charter Bancshares, Inc., Oklahoma City, Oklahoma. Approved, December 26, 1990. Philadelphia Union National Financial Corporation, Mount Joy, Pennsylvania — to engage de novo in certain community development investments. Permitted, December 28, 1990. to H.2 DECEMBER 24, 1990 PAGE 5 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK MERGERS Chicago Grand Marais State Bank, Grand Marais, Minnesota — to merge with the Tri - County State Bank, Ortonville, Minnesota, and to establish a branch. Returned, December 27, 1990. Minneapolis Montana Bank of Billings, Billings, Montana — to merge with Montana Bank of Baker, Baker; Montana Bank of Bozeman, N.A., Bozeman; Montana Bank of Circle, Circle; Montana Bank of Livingston, Livingston; Montana Bank of Red Lodge, Red Lodge; Montana Bank of Butte, N.A., Butte; Montana Bank of Forsyth, Forsyth; Montana Bank of Mineral County, Superior; Montana Bank of Roundup, N.A., Roundup; Montana Bank of South Missoula, Missoula; and Montana Bank of Sidney, Sidney, Montana. Approved, December 27, 1990. BANK PREMISES Chicago Bank of Elmwood, Racine, Wisconsin — bank premises. Approved, December 27, 1990. investment in BANKS, STATE MEMBER Kansas City Citizens Bank, Bancroft, Nebraska — dividend. Approved, December 27, 1990. payment of a CAPITAL STOCK Chicago Ashton Bancshares, Inc., Ashton, Iowa — of shares. Approved, December 27, 1990. redemption Cleveland Heartland Bank, Croton, Ohio — Approved, December 27, 1990. Cleveland Mountain Bancorp, Inc., West Liberty, Kentucky — redemption of shares. Approved, December 26, 1990. San Francisco North Pacific Bancorporation, Tacoma, Washington — redemption of shares. Approved, December 26, 1990. redemption of shares. H.2 DECEMBER 24, 1990 PAGE 6 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Minneapolis Duke Financial Group, Inc., St. Paul, Minnesota — change in bank control. Permitted, December 26, 1990. Chicago Elgin State Bancorp, Inc., Elgin, Illinois — in bank control. Permitted, December 27, 1990. Atlanta First City Bancorp, Inc., Murfreesboro, Tennessee — change in bank control. Permitted, December 28, 1990. New York Hometown Bancorporation, Inc., Darien, Connecticut — change in bank control. Permitted, December 24, 1990. change COMPETITIVE FACTORS REPORTS Dallas Compass Bank, Plano, Texas, proposed assumption of certain deposits of the Sequor National Bank Texas, Dallas, Texas — report on competitive factors. Submitted, December 26, 1990. Richmond Dominion Bank, National Association, Roanoke, Virginia, proposed merger with Dominion Bank of Shenandoah Valley, National Association, Bridgewater, Virginia, and Dominion Bank of Greater Hampton Road, National Association, Norfolk, Virginia — report on competitive factors. Submitted, December 24, 1990. Secretary First Security Bank of Utah, N.A., Ogden, Utah, proposed merger with SCFC ILC Inc., dba MountainWest Financial — report on competitive factors. Submitted, December 26, 1990. H.2 DECEMBER 24, 1990 PAGE 7 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago First Wisconsin National Bank of Milwaukee, Milwaukee, Wisconsin, proposed merger with First Wisconsin Bank of Cedarburg, Cedarburg; First Wisconsin National Bank of Mequon, Mequon; First Wisconsin National Bank of Southgate, Greenfield; First Wisconsin Bank of Mayfair, Wauwatosa, First Wisconsin Bank of Waukesha, Waukesha; and First Wisconsin National Bank of Brookfield, Brookfield, Wisconsin — report on competitive factors. Submitted, December 28, 1990. San Francisco Home Savings of America, F.A., Los Angeles, California, proposed purchase of certain assets and assumption of certain liabilities of the Camarillo, California, branch of Los Padres Savings, Solvang, California — report on competitive factors. Submitted, December 27, 1990. Minneapolis New National Bank of Williston, Williston, North Dakota, proposed merger with First National Bank & Trust Co. of Williston — report on competitive factors. Submitted, December 26, 1990. New York Ridgefield Bank, Ridgefield, Connecticut, proposed acquisition of certain assets and assumption of certain liabilities of the Georgetown, Connnecticut, branch of Connecticut Bank and Trust Company, Hartford, Connecticut — report on competitive factors. Submitted, December 26, 1990. Secretary Security Pacific Asian Bank, N.A., Los Angeles, California, proposed merger with Security Pacific National Bank — report on competitive factors. Submitted, December 24, 1990. Secretary Security Pacific Asian Bank, N.A., Los Angeles, California, proposed merger with Security Pacific National Bank — report on competitive factors*. Submitted, December 24, 1990. H.2 DECEMBER 24, 1990 PAGE 8 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Secretary Security Pacific Bank Washington, N.A., Seattle, Washington, proposed purchase and assumption of certain assets and liabilities of Security Pacific Savings Bank, Tacoma, Washington — report on competitive factors. Submitted, December 24, 1990. Richmond Sovran Bank, National Association, Richmond, Virginia, proposed purchase of the assets and assumption of the liabilities of Sovran Bank / Delaware, Dover, Delaware — report on competitive factors. Submitted, December 26, 1990. EXTENSIONS OF TIM1 San Francisco First Interstate Bancorp, Los Angeles, California — extensions to divest certain properties. Granted, December 26, 1990. Atlanta FNB Banking Company, Griffin, Georgia — extension to January 5, 1992, to achieve change in bank control. Granted, December 24, 1990. Atlanta Forest Bancorp, Forest, Mississippi — extension to March 20, 1991, to engage de novo in providing management consulting advice. Granted, December 28, 1990. Atlanta Peoples Financial Corporation, Biloxi, Mississippi — extension to February 2, 1991, to achieve change in bank control. Granted, December 24, 1990. San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. Granted, December 28, 1990. Atlanta Soperton Bancshares, Inc., Soperton, Georgia — extension to March 14, 1991, to redeem shares.* Granted, December 28, 1990. H.2 DECEMBER 24, 1990 PAGE 9 TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Atlanta Soperton Naval Stores* Inc.* Soperton* Georgia — extension to March 14* 1991* to acquire Soperton Bancshares. Granted* December 28* 1990. Richmond South Carolina National Corporation* Columbia* South Carolina — extension to April 15* 1991* to acquire Atlantic Savings Bank* FSB* Hilton Head Island* South Carolina. Granted* December 24* 1990. INTERNATIONAL OPERATIONS Staff Director BS&R Morgan Guaranty International Finance Corporation, New York* New York — to make an investment in J.P. Morgan Overseas Capital Corporation. Permitted* December 26* 1990. Staff Director BS&R Security Pacific National Bank* Los Angeles* California — to make an investment in Security Pacific Limited* Sydney, Australia* and Security Pacific Australia Limited. Permitted* December 27* 1990. Secretary Provident Bank of Kentucky* Cold Spring* Kentucky — to become a member of the Federal Reserve System. Approved* December 28* 1990. MEMBERSHIP H.2 DECEMBER 24, 1990 PAGE 10 ADDITIONS AND CORRECTIONS TO DECEMBER 28, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago ABN AMRO Holding N.V., Amsterdam, The Netherlands; Stichting Prioriteit ABN AMRO Holding; Stichting Administratiekantoor ABN AMRO Holding; Algemene Bank Nederland N.V.; ABN Stichting ; Amsterdam Rotterdam Bank N.V.; Stichting Amro,* ABN AMRO USA Inc. — proposed reorganization of certain U.S. based subsidiaries. Returned, December 21, 1990. Chicago Westbank Financial Corporation, Naperville, Illinois — to acquire First National Bank of Wheaton, Wheaton, Illinois. Withdrawn, December 20, 1990. COMPETITIVE FACTORS REPORTS Atlanta Bainbridge National Bank, Bainbridge, Georgia, proposed purchase of certain assets and assumption of certain liabilities of two branch offices in Bainbridge, Georgia of Citizens and Southern National Bank, Savannah, Georgia — report on competitive factors. Submitted, December 18, 1990. EXTENSIONS OF TIME Atlanta Walthall Capital Group, Ltd., Tylertown, Mississippi — extension to April 5, 1991, to achieve change in bank control. Granted, December 14, 1990. F E D E R A L RE S E R V E B A N K OF B O S T O N A P P L I C A T I O N S SE C T I O N I - A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R N O T I C E ONL Y C o m m e n t P e riod E n ding Date Application NON E S E C T I O N II - A P P L I C A T I O N S SU B J E C T TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application C o m m e n t P e riod E n ding Date C h ange in Control N e w s p a p e r N o t Yet Establ i s h e d N o t i f i c a t i o n by Laurence A. Tisch, P reston R. Tisch, Federal R e q i s t e r l-4-91 A n d r e w H. Tisch, Daniel R. Tisch, James S. T i s c h and Thomas J. T i s c h to a c quire up to 14.9% of the o u t s t a n d i n g common sto c k of Bank of Boston Corporation, Boston, M a s s a c h u s e t t s S ECTION III ~ A P P L I C A T I O N S S U B J E C T TO F E D E R A L R E G I S T E R N O T I C E O NLY Application C o mment Period Ending Date F l e e t / N o r s t a r Financial Federal R e g i s t e r Group, Inc., Providence, Rho d e Island and Fle e t / N o r s t a r N e w York, Inc., Albany, N e w York 4 (c)(8) n o t i f i c a t i o n to acquire c e rtain assets of the R o b i n s o n Secu r i t i e s Div i s i o n of J o h n D a wson & A s s o c i a t e s Inc., Chicago, Illinois, th r o u g h t h e i r s u b s i d i a r y N o r s t a r Brokerage Corporation, New York, N e w Yor k 1-8-91 F l e e t / N o r s t a r Financial Federal R e g i s t e r 1-14-91 Group, Inc., Providence, Rhode Island - 4(c)(8) n o t i f i c a t i o n to engage de novo in the pro v i s i o n of m a n a g e m e n t co n s u l t i n g advise t h r o u g h F l e e t / N o r s t a r Services Corporation, Albany, N e w Yor k SE C T I O N IV - A P P L I C A T I O N S NOT SU B J E C T TO F E D E R A L R E G I S T E R OR N E W S P A P E R N O T I C E A p o l i cation NON E *Subject to CRA Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only_________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) None. SECTION IV Applications Not Involving ______ Public Comment______ None. 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FED ERA L R E SE R V E BANK OF P H ILA D ELPH IA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. Federal R e s e r v e Bank of C l e v e l a n d Applications Bulletin For Week Ending December 29, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION CO M M E N T P E R I O D EN D I N G R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on D e c e m b e r 24, 1990 from Park N a t ional Corporation, Newark, Ohio, to engage de n o v o in c o m m u n i t y d e v e l o p m e n t a ctivities c o n d u c t e d p u r s u a n t to S e c t i o n 225.25 ( b ) (6) of R e g u l a t i o n Y. N o t Yet Kno w n # R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on D e c e m b e r 27, 1990 from Banc One Corporation, Columbus, Ohio, to enga g e in ass e t m a n a g e m e n t act i v i t i e s t h r o u g h a n e w l y - f o r m e d subsidiary. N o t Yet Kno w n # SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NON E * # N F - S u b j e c t to C R A E x p e c t e d to end a p p r o x i m a t e l y 30 days from the d a t e of rece i p t N e w s p a p e r C o mment Period Federal R e g i s t e r C omment Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Resource Bancshares Corporation, Columbia, South Carolina, to acquire four South Carolina branches of Poughkeepsie Savings Bank, F.S.B., Poughkeepsie, New York.* 1-14-91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. ^Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending December 28. 1990 Section II - Applications Subject To Both Newspaper and Federal Register Notice Application Comment Period Ending Date First Commercial Bancshares, Inc. Jasper, Alabama To acquire Citizens Independent Bancorp, Huntsville, Alabama, and thereby indirectly acquire its banking subsidiary, Citizens Independent Bank, Huntsville, Alabama. 01-10-91 Federal Register People's Bank of Brevard, Inc. Cocoa, Florida 1-BHC formation, People's Bank of Brevard, Cocoa, Florida (in organization). Button Gwinnett Bancorp, Inc. Norcross, Georgia Newspaper To become a bank holding company by converting the charter of its subsidiary, Button Gwinnett Savings Bank, F.S.B., Norcross, Georgia, to that of a national banking association charter. 01-15-91 Week Ending December 28, 1990 Federal Reserve Bank of Atlanta Recently Approved Applications Application Adairsville, Bancshares, Inc. Adairsville, Georgia To acquire The Peoples Crawfordville, Georgia. Approval Date 12-28-90 Bank, First City Bancorp, Inc. Murfreesboro, Tennessee Change in control by William E. Rowland to acquire up to 16.1 percent; William Kent Coleman to acquire up to 11.8 percent; and Robert Murfree to acquire up to 15.1 percent of the outstanding shares of common stock. 12-28-90 F e d e r a l R e se rv e Bank o f C h icag o Type Merger/ Branch Section I - Applications Subject to Newspaper Notice Only Ccnment Period Application Ending nate Union Bank/Streator Streator, Illinois Ottawa National Bank Ottawa, Illinois* N - ** Section II - Applications Subject to Both Newspaper and EnrWal Register Notice Type Application Y-l Mid-America National Bancorp, Inc. Chicago, Illinois Security Chicago Carp. Ccnment Period Ending Date FR - ** N - 11-24-90 Chicago, Illinois First Security Bank of Chicago Chicago, Illinois First State Bancorp of Princeton Princeton, Illinois First State Bank of Princeton Princeton, Illinois First Bank and Trust Ccqpany Gridley, Illinois Mid-America National Bank of Chicago Chicago, Illinois* Fanners Savings Bank, Trustee of Fanners FR - ** Savings Bank Employee Stock Ownership Plan and Trust West Union, Iota BJS, Inc., West Union, Iowa Westmont Corporation, West Union, Iowa The Fanners Savings Bank, West Union, Iowa* F e d e ra l R e se rv e Bank o f C h icag o Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Application Comment Period Ending nate CoC-HC Valley Bancorporation FR - ** Appleton, Wisconsin N - ** Valley Bancorporation Thrift and Sharing Plan Appleton, Wisconsin Valley Bank, American Madison, Wisconsin Valley Western Bank Appleton, Wisconsin Valley Bank, Northeast Green Bay, Wisconsin Valley Bank, Janesville Janesville, Wisconsin Valley Bank, Soutfaest Spring Green, Wisconsin Valley Bank, Ifenononie Mencnonie, Wisconsin Valley Bank Southeast Hartland, Wisconsin Valley Bank Thiensville Mequon Thiensville, Wisconsin Valley Bank of Shawano, N.A. Shawano, Wisconsin Valley First National Bank Rhinelander, Wisconsin Valley Bank of Kewaskum Rewaskum, Wisconsin Valley Bank of Oshkosh Oshkosh, Wisconsin Valley First National Bank of Beaver Dam Beaver Dam, Wisconsin Valley Bank, South Central, N.A. Watertown, Wisconsin Valley First National Bank of Ripan Ripon, Wisconsin Valley Bank, Milwaukee Greenfield, Wisconsin Y-l Dana Bancorp, Inc. Dana, Indiana The First Natonal Bank of Dana Dana, Indiana* FR - ** N - ** Y-2 Liberty Bancorporation Durant, Iowa Bennett Bancshares, Inc., Bennett, Iowa Bennett State Bank, Bennett, Iowa* FR - ** N - 1-25-91 F e d e r a l R e se rv e Bank o f C h icag o Section III - Applications Subject- to Federal Register Notice Only Type Application Y-4 Valley Financial Services, Inc. Mishawaka, Indiana Northern Indiana Savings Association F.A. Chesterton, Indiana Comment Period Ending natf> FR - ** SECTION IV - Applications Not Subject to Federal Banister Notice Or Newspaper Notice Type Application RoS Bmnetsburg Bank Shares, Inc. Bnnetsburg, Iowa To purchase 142 shares of outstanding stock RoS N ER * ** _ _ Financial Services Corporation of the Midwest Rock Island, Illinois To redeem 85,863 shares of cannon stock Newspaper Federal Register Subject to Provisions of Ccramunity Reinvestment Act Not available at this time Federal Reserve Bank of St. Louis December 28, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period Change in control notification involving First Centre Bancshares, Inc., Osage Beach, Missouri by Shirrel Duncan (Not available) * Section 3(a)(1) application by First National Bancorp of Columbia, Inc., Columbia, Kentucky to acquire The First National Bank of Columbia, Columbia, Kentucky (Not available) * Section 3(a)(1) application by Breckenridge Bancshares Company, St. Ann, Missouri to acquire The Centennial Bank, Breckenridge Hills, Missouri (Not available) * Section 3(a)(1) application by Shawnee Bancorp, Inc., Harrisburg, Illinois to acquire First Bank and Trust Company, Harrisburg, Illinois (Not available) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE None SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Section 9 application by First State Bank of Arkansas, Trumann, Arkansas to become a member of the Federal Reserve System* * This application is subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application American Community Bank Group, Inc. Minneapolis, MN To acquire 98.2% of Pierce County Bank & Trust Company, Ellsworth, Not yet available WI* Section III - Applications Subject to Federal Register Notice Only Application Comment Period Ending Date Commercial Banshares, Inc. Mitchell, SD To acquire Spectrum Life Insurance Company, Mitchell, SD Not yet available Norwest Corporation, Minneapolis, MN; Norwest Financial Services, Inc., Des Moines, IA; Norwest Financial, Inc., Des Moines, IA To engage in insurance premium finance receivables through the acquisition of Coast Program, Inc., Signal Hill, CA. Not available ^Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTI C E ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE W i lliam G. Dietrich and Marjorie Reich Dietrich, Grandview, Missouri, to indirectly increase their control of Blue Ridge Bancshares, Inc., Kansas City, Missouri, by 1.96 percent to 26.86 percent. Not Available Acquisition Holding Company, Tulsa, Oklahoma, for prior approval to become a bank holding company through the acquisition of 99.99 percent of the voting shares of Bank of Oklahoma, N.A., Tulsa, Oklahoma.* Not Available Heartland Bancorporation, Aurora, Nebraska, for prior approval to become a bank holding company through the acquisition of 80.03 percent of the voting shares of The Farmers State Bank & Trust Co., Aurora, N e b r a s k a .* Not A v ailable Heartland Bancorporation, Aurora, Nebraska, for prior approval to acquire 100 percent of the voting shares of Crete State Corporation, Crete, Nebraska.* Not Available Central Grain, Inc., Central City, Nebraska, for prior approval to acquire 13.83 percent of the voting shares of Heartland Bancorporation, Aurora, Nebraska.* Not Available Shelby Insurance, Inc., Shelby, Nebraska, for prior approval to acquire 23.57 percent of the voting shares of Heartland Bancorporation, Aurora, Nebraska.* Not A v a ilable Federal Reserve Bank of Kansas City G r e e n Top, Inc., Palmer, Nebraska, for prior approval to directly acquire 12.49 percent, and indirectly acquire 23.6 percent, of the voting shares of Heartland Bancorporation, Aurora, Nebraska.* Not Available O sceol a Insurance, Inc., Osceola, Nebraska, for prior approval to acquir e 27.21 percent of the voting shares of Heartland Bancorporation, Aurora, Nebraska.* Not Available Archer, Inc., Archer, Nebraska, for prior approval to directly acquire 13.18 percent, and indirectly acquire 27.2 percent, of the voting shares of Heart l a n d Bancorporation, Aurora, Nebraska.* Not Available Steven J. Wells, Ardmore, Oklahoma, for prior approval to increase his p r oportionate ownership interest in A m c o r p Financial, Inc., Ardmore, Oklahoma, by 2.5 percent to 13.75 percent. Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONL Y APPLICATION COMMENT PERIOD ENDING D ATE The Binger Agency, Inc., Binger, Oklahoma, for prior approval to engage de novo in making, acquiring, and/or servicing loans for itself or for others. Not Available M idstate Bancorp, Hinton, Oklahoma, for prior approval to engage de novo in making, acquiring, and/or servicing loans for itself or for others of the type made by a mortgage company. Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NO T I C E OR NEWSPAPER NOTICE APPLICATION None. *Application is subject to CRA. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 24, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NOTICE EXP APPLICATION None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Martha Steed Lyne Management Trust, Dallas, TX, and Gunn Oil Company, Wichita Falls, TX, to acquire an interest in Heritage Bankshares, Inc., Dallas, TX 90/12/24 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 12/28/90 Section I - Applications Subject to Newspaper Notice Only Add!ication Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice None Section III - Applications Subject to Federal Register Notice Only Security Bank Holding Company, Coos Bay, Oregon, to engage in the sale of data processing, consulting services and sale of hardware and software within the United States, through Security Data Processing Services Company, Coos Bay, Oregon. Fed. Reg.: 1/22/91 BankAmerica Corporation, San Francisco, California, to engage in insurance agency activities; to provide credit life, credit disability, involuntary unemployment, mortgage life and mortgage disability insurance directly related to extensions of credit, through BA Agency, Inc., San Francisco, California. Fed. Reg.: 1/22/91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Subject to CRA.
@FedFRASER