View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1988, No. 49
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 3, 1988.

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Bank of Boston Corporation* Boston* Massachusetts —
to acquire BankVermont Corporation* Burlington*
Vermont* Bank of Vermont* and Future Planning
Associates* Inc.* South Burlington* Vermont* and
engage in retirement plan consulting and
administrative services.
Approved* November 30* 1988.
The Bank of New York* New York* New York -- request
to proceed with tender offer tc acquire Irving Bank
Corporation.
Approved* November 28* 1988.
Chemical Banking Corporation* New York* New York —
to acquire Horizon Bancorp* Morristown* New Jersey.
Approved* November 30* 1988.
Huntington Bancshares* Inc.* Columbus* Ohio — to
engage de novo in underwriting and dealing in
mortgage related securities* municipal revenue
bonds* commercial paper and consumer receivable
related securities through The Huntington Company.
Permitted* November 28* 1988.
Signet Banking Corporation* Richmond* Virginia — to
engage in securities brokerage and to provide
investment advice to retail and institutional
customers through Signet Investment Corporation;
delegation to the Reserve Banks to approve similar
applications.
Approved* November 28* 1988.
Washington National Holdings* N.V.* Netherlands*
Antilles* and Washington Bancorporation*
Washington* D.C. — to acquire The Washington Bank
(of Maryland)* Baltimore* Maryland.
Approved* November 28* 1988.
FORMS




Survey of Consumer Finances (FR 3058) —
initial questionnaire for 1989.
Proposed* November 29* 1988.

to pretest

H.2
NOVEMBER 28, 1988
PAGE 2

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

MEMBERSHIP
The Washington Bank (of Maryland), Baltimore,
Maryland — to become a member of the Federal
Reserve System.
Approved, November 28, 1988.
REGULATIONS AND POLICIES
Regulation D — amendment to index the low
reserve tranche, reserve requirement exemption,
and deposits reporting cutoff level for 1989
(Docket R-0653).
Approved, November 29, 1988.
RESERVE BANK OPERATIONS

Federal Reserve Bank of New York —
Main buildingTs elevator system.
Approved, December 1, 1988.

to modernize the

Federal Reserve Bank of San Francisco — to implement
a disaster recovery center at the Los Angeles
Branch for Districts accounting, funds transfer,
and securities transfer operations.
Approved, November 30, 1988.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES, DOMESTIC




New York

Chemical Bank, New York, New York — to establish a
branch at Montebello Office Center, Building tl,
400 Rella Boulevard, Montebello, New York.
Approved, December 2, 1988.

Chicago

Chemical Bank and Trust Company, Midland, Michigan —
to provide reciprocal branch services at a number
of locations.
Approved, November 28, 1988.

H.2
NOVEMBER 28, 1988
PAGE 3

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES, DOMESTIC
Chicago

Chemical Bank Bay Area, Midland, Michigan — to
provide reciprocal branch services at a number of
locations.
Approved, November 28, 1988.

Chicago

Chemical Bank Michigan, Midland, Michigan — to
provide reciprocal branch services at a number of
locations.
Approved, November 28, 1988.

Richmond

Crestar Bank, Richmond, Virginia — to establish
branches at 12227 Jefferson Avenue, Newport News;
Old Bridge Shopping Center, Old Bridge and
Smoketown Roads, Woodbridge; and and a night
depository in the Shenandoah Village Outlet Mall,
600 Shenandoah Village Drive, Waynesboro, Virginia.
Approved, December 2, 1988.

Dallas

First City Bank of Dallas, Dallas, Texas — to
establish a drive-through teller lane at 700 W.
Arkansas Lane, Arlington; 201 E. Abram; 3217
California Parkway, Forest Hill; 401 E.
Weatherford, Fort Worth; and 5000 Colleyville
Boulevard, Colleyville, Texas.
Approved, November 29, 1988.

Cleveland

Ohio Citizens Bank, Toledo, Ohio — to establish a
branch at 6392 Monroe Street, Sylvania, Ohio.
Approved, November 30, 1988.

Atlanta

Sun Bank of Tampa Bay, Tampa, Florida — to establish
a branch at University Village, 12401 North 22nd
Street.
Approved, November 28, 1988.

BANK HOLDING COMPANIES




Atlanta

Alan Lewis Financial Services Trust, Tortola, British
Virgin Islands — to acquire Anglo-American
Bancshares Corporation, Baton Rouge, Louisiana, and
Baton Bank and Trust.
Approved, November 28, 1988.

H.2
NOVEMBER 28, 1988
PAGE 4

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

American State Corporation, Lawrenceburg, Indiana —
to acquire American State Bank.
Approved, December 1, 1988.

Kansas City

ANB Bankcorp, Inc., Bristow, Oklahoma — to acquire
Citizens Bank, N.A., Sapulpa, Oklahoma.
Approved, December 1, 1988.

Atlanta

Anglo - American Bancshares Corporation, Baton Rouge,
Louisiana — to acquire Baton Rouge Bank and Trust
Company.
Approved, November 28, 1988.

New York

Apple Bancorp, New York, New York — extension to
February 28, 1989, to acquire Apple Bank For
Savings.
Approved, November 29, 1988.

Richmond

The Arundel Corporation, Baltimore, Maryland —
deregistration statement.
Approved, November 28, 1988.

Kansas City

BON, Inc., Moundridge, Kansas — to acquire Farmers
State Bank and Trust Company, Canton, Kansas.
Approved, November 28, 1988.

Chicago

Bosshard Financial Group, Inc., La Crosse, Wisconsin
— to acquire Grand Marsh State Bank, Grand Marsh,
Wisconsin, and Farmers State Bank, Hillsboro,
Wisconsin.
Approved, December 2, 1988.

Kansas City

Brooke Holdings, Inc., Jewell, Kansas — to engage de
novo in credit related and other insurance agency
activities.
Approved, December 1, 1988.

Kansas City

Brooke Holdings, Inc., Jewell, Kansas —
Citizens State Bank.
Approved, December 1, 1988.

to acquire

H.2
NOVEMBER 28, 1988
PAGE 5

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Staff Director
BS&R

Canadian Imperial Bank of Commerce, New York, New
York — extension to conform activities of Wood
Gundy Corp, New York, New York to requirements of
the Bank Holding Company Act.
Granted, December 1, 1988.

Cleveland

Commbanc Shares, Inc., Erlanger, Kentucky —
acquire The Community Bank.
Approved, November 28, 1988.

Chicago

Community Financial Corporation, Harbor Beach,
Michigan — to acquire The Peoples State Bank of
Caro, Michigan, Caro, Michigan.
Approved, December 1, 1988.

Chicago

D & D Bancshares, Inc., Garrison, Iowa — to acquire
Mount Auburn Savings Bank, Mount Auburn, Iowa.
Approved, December 1, 1988.

Cleveland

Equimark Corporation, Pittsburgh, Pennsylvania — to
engage de novo in foreign exchange and real estate
activities through Equimanagement, Inc.
Permitted, December 2, 1988.

Chicago

Exchange Bancorp, Inc., Chicago, Illinois — to
acquire Rankin State Bank, Rankin, Illinois, and to
establish de novo Exchange Bank of Lake County,
Vernon Hills, Illinois.
Approved, November 30, 1988.

New York

Fairfield County Bancorp, Inc., Stamford, Connecticut
— to acquire Bank of Stamford.
Approved, December 1, 1988.

Chicago

First Interstate Corporation of Wisconsin, Kohler,
Wisconsin, and American Bankers Life Assurance
Company of Florida — to engage de novo in
reinsurance activities through First Interstate
Insurance Company of Wisconsin, Phoenix, Arizona.
Permitted, November 28, 1988.

to

H.2
NOVEMBER 28, 1988
PAGE 6

TO

DECEMBER 2 , 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

First Interstate Corporation of Wisconsin, Kohler,
Wisconsin — to acquire First Interstate Bank of
Northern Indiana, National Association, South Bend,
Indiana.
Approved, November 28, 1988.

Kansas City

First National Bancshares of Winfield, Inc.,
Winfield, Kansas — to acquire Oxford Bancshares,
Inc., Oxford, Kansas, and The Oxford Bank.
Approved, December 2, 1988.

Chicago

First Suburban Bancorp Corporation, Maywood, Illinois
— to acquire First State Bank of Alsip, Alsip,
Illinois.
Approved, December 1, 1988.

Staff Director
BS&R

Fist Sidney Banc Corp, Sidney, Ohio ;
—
registration.
Withdrawn, December 2, 1988.

Philadelphia

Guaranty Bancshares Corporation, Shamokin,
Pennsylvania — to engage in tax planning and
preparation and consumer financial counselling
through Guaranty Financial Corp.
Approved, November 28, 1988.

Chicago

Midwest Guaranty Bancorp, Inc., Birmingham, Michigan
— to acquire Midwest Guaranty Bank, Troy,
Michigan.
Approved, November 30, 1988.

Dallas

Moody Bank Holding Company, Inc., Reno, Nevada — to
acquire Bank of Galveston, N.A., Galveston, Texas,
and The Moody National Bank of Galveston.
Approved, November 28, 1988.

Minneapolis

Park Financial Corporation, St. Louis Park, Minnesota
— to engage de novo in loan activities.
Permitted, December 1, 1988.

Atlanta

St. Mary Holding Corporation, Franklin, Louisiana —
to engage de novo in leasing activities.
Permitted, November 30, 1988.

transfer agent

H.2
NOVEMBER 28, 1988
PAGE 7

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Kansas City

Schneider Bancorporation, Plattsmouth, Nebraska —
acquire Plattsmouth State Bank.
Approved, December 1, 1988.

Chicago

Summcorp, Fort Wayne, Indiana — to acquire Summit
Bank of Indianapolis, Indianapolis, Indiana.
Approved, December 1, 1988.

to

BANK MERGERS
Chicago

Cole Taylor Bank/Drovers, Chicago, Illinois — to
merge with Cole Taylor Bank/Main, Wheeling; Cole
Taylor Bank/Skokie, Skokie; and Cole Taylor
Bank/Fort City, Chicago, Illinois.
Approved, November 29, 1988.

Dallas

First City Bank of Dallas, Dallas, Texas — to merge
with First City Bank - Central Arlington, N.A.,
Arlington; First City National Bank of Arlington;
First City National Bank of Colleyville,
Colleyville; First City Bank - Forest Hill, Forest
Hill; and First City National Bank of Fort Worth,
Fort Worth, Texas.
Approved, November 29, 1988.

Richmond

First Community Bank, Inc., Princeton, West Virginia
— to merge with Valley Bank & Trust Company,
Bluefield, West Virginia.
Approved, November 29, 1988.

Chicago

State Bank of Caledonia, Caledonia, Michigan — to
acquire PrimeBank Middleville Branch, Middleville,
Michigan.
Approved, November 30, 1988.

BANK PREMISES




Kansas City

Alpine Bank, Snowmass Village, Colorado —
in bank premises.
Approved, December 2, 1988.

Staff Director
BS&R

First City Bank of Dallas, Dallas, Texas —
investment in bank premises.
Approved, December 1, 1988.

investment

H.2
NOVEMBER 28, 1988
PAGE 8

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK PREMISES
Cleveland

Ohio Citizens Bank, Toledo, Ohio —
bank premises.
Approved, November 30, 1988.

investment in

Cleveland

Somerset Trust Company, Somerset, Pennsylvania —
investment in bank premises.
Approved, December 2, 1988.

BANKS, FOREIGN
Staff Director
BS&R

The Bank of Fukuoka, Ltd., Fukuoka, Japan — report
to the New York State Banking Department on an
application to establish a branch in New York City.
Approved, November 30, 1988.

BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
Staff Director
BS&R

Valley Trust Company, Appleton, Wisconsin —
agent registration.
Withdrawn, December 2, 1988.

transfer

BANKS, STATE MEMBER




St. Louis

Bank of Ste. Genevieve, Ste. Genevieve, Missouri
payment of a dividend.
Approved, December 2, 1988.

Chicago

Farmers State Bank of Breckenridge, Breckenridge,
Michigan — payment of a dividend.
Approved, December 1, 1988.

Secretary

Lomas Bank U.S.A., Wilmington, Delaware — to change
previously filed elections regarding assets as
reported on the Report of Condition.
Approved, December 1, 1988.

H.2
NOVEMBER 28, 1988
PAGE 9

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CAPITAL STOCK
Kansas City

Hollis Bancshares, Inc., Hollis, Oklahoma —
redemption of shares.
Approved, November 30, 1988.

CHANGE IN BANK CONTROL
Atlanta

Citizens Capital Corporation, Morton, Mississippi —
change in bank control.
Withdrawn, November 28, 1988.

Atlanta

First Acadian Bancshares, Inc., Thibodaux, Louisiana
— change in bank control.
Permitted, November 30, 1988.

Atlanta

Magnolia State Capital Corporation, Magee,
Mississippi — change in bank control.
Withdrawn, November 28, 1988.

Kansas City

Nebraska National Corporation, Omaha, Nebraska —
change in bank control.
Permitted, December 1, 1988.

St. Louis

Valley Capital Corporation, Cleveland, Mississippi —
change in bank control.
Permitted, December 2, 1988.

COMPETITIVE FACTORS REPORTS




San Francisco

Bank of Hawaii, Honolulu, Hawaii, proposed assumption
of liability to pay deposits made in Bancorp
Finance of Hawaii, Inc. — report on competitive
factors.
Submitted, November 30, 1988.

Chicago

Bank One, Richmond, National Association, Richmond,
Indiana, proposed merger with The First National
Bank of Knightstown, Knightstown, Indiana — report
on competitive factors.
Submitted, November 30, 1988.

H.2
NOVEMBER 28, 1988
PAGE 10

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Chicago

Bank One, Janesville, National Association,
Janesville, Wisconsin, proposed acquisition of
certain assets and assumption of liability to pay
deposits made in the Edgerton Office of Hopkins
Savings and Loan Association, Wauwatosa, Wisconsin
— report on competitive factors.
Submitted, December 2, 1988.

Cleveland

The Citizens Banking Company, Salineville, Ohio,
proposed purchase of assets and assumption of
liabilities of the Carrollton, Ohio, and Bolivar,
Ohio, branches of First American Savings Bank, FSB,
Canton, Ohio — report on competitive factors.
Submitted, November 30, 1988.

Kansas City

The Farmers State Bank of Walnut, Walnut, Kansas,
proposed merger with The Helper State Bank, Helper,
Kansas — report on competitive factors.
Submitted, December 1, 1988.

Chicago

First Illinois Bank of Arlington Heights, Arlington
Heights, Illinois, proposed merger with First
Illinois Bank of La Grange, La Grange; and First
Illinois Bank of Willowbrook, Willowbrook, Illinois
— report on competitive factors.
Submitted, November 29, 1988.

St. Louis

Jefferson Bank and Trust Company, St. Louis,
Missouri, proposed merger with Jefferson Bank of
St. Louis County, Eureka, Missouri — report on
compet it ive factors.
Submitted, November 30, 1988.

Chicago

National Bank of Fairbury, Fairbury, Illinois,
proposed merger with NBF Interim National Bank —
report on competitive factors.
Submitted, November 30, 1988.

Chicago

New Smith Trust & Savings Bank, Morrison, Illinois,
proposed merger with Smith Trust & Savings Bank —
report on competitive factors.
Submitted, November 29, 1988.

H.2
NOVEMBER 28, 1988
PAGE 11

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Chicago

Salin Bank, Camden, Indiana, proposed merger with
Salin Bank of Burlington, Burlington, Indiana —
report on competitive factors.
Submitted, November 29, 1988.

Philadelphia

Sun National Bank, Medford, New Jersey, proposed
merger with Capital State Bank, Trenton, New Jersey
— report on competitive factors.
Submitted, December 1, 1988.

Minneapolis

Triumph State Bank, Trimont, Minnesota, proposed
acquisition of certain assets and assumption of
liabilities of State Bank of Butterfield,
Butterfield, Minnesota — report on competitive
factors.
Submitted, December 2, 1988.

EXTENSIONS OF TIME




Richmond

Albright Bancorp, Inc., Kingwood, West Virginia —
extension to January 11, 1989, to acquire Albright
National Bank of Kingwood.
Granted, November 30, 1988.

Richmond

Bank Maryland Corp., Towson, Maryland — extension to
January 9, 1989, to acquire Bay National Bank,
Annapolis, Maryland.
Granted, December 2, 1988.

Philadelphia

Bankvest, Inc., Wilkes-Barre, Pennsylvania —
extension to March 2, 1989, to expand the
nonbanking activities of Datavest, Inc.
Granted, November 29, 1988.

Chicago

Citizens State Bancorp, Inc., New Baltimore, Michigan
— extension to February 2, 1989, to acquire
Citizens State Savings Bank.
Granted, November 30, 1988.

Atlanta

Eufaula Bancorp, Inc., Eufaula, Alabama — extension
to February 27, 1989, to acquire Eufaula Bank &
Trust Company.
Granted, November 29, 1988.

H.2
NOVEMBER 28, 1988
PAGE 12

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

EXTENSIONS OF TIME




San Francisco

First Interstate Bancorp, Los Angeles, California —
extension to divest certain property.
Granted# December 1# 1988.

Boston

First NH Banks# Inc.# Manchester# New Hampshire —
extension to February 23# 1989# to acquire the
trade name of Premium Finance Corporation# Derry#
New Hampshire# through New England Acceptance
Corporation.
Granted# November 28# 1988.

San Francisco

First Security Corporation# Salt Lake City# Utah —
extension to divest certain property.
Granted# November 28# 1988.

Cleveland

Hometown Bancshares# Inc.# Middlebourne# West
Virginia — extension to March 12# 1989# to acquire
Union Bank of Tyler County; and The Community Bank
of Pennsboro# Pennsboro# West Virginia.
Granted# November 30# 1988.

Chicago

Illini Community Bancorp# Inc.# Springfield# Illinois
— extension to February 16# 1989# to acquire SBV
Bancshares# Inc.# Virden# and State Bank of Virden#
Virden# Illinois.
Granted# December 2# 1988.

Kansas City

Omnibancorp# Denver# Colorado — extension to
March 6# 1989# to engage de novo in providing
management consulting services to depository
institutions.
Granted# December 2# 1988.

Atlanta

SouthTrust of Florida# Inc.# St. Petersburg# Florida#
and SouthTrust Corporation# Birmingham# Alabama —
extension to January 16# 1989# to engage de novo in
trust activities through SouthTrust Estate and
Trust Company# South Pasadena# Florida.
Granted# November 29# 1988.

Atlanta

TerraBank Holding Company# Miami# Florida —
extension to January 1# 1989# to acquire TerraBank
National Association.
Granted# November 28# 1988.

**

H.2
NOVEMBER 28, 1988
PAGE 13

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

EXTENSIONS OF TIME
San Francisco

Wells Fargo & Company, San Francisco, California —
extension to divest certain properties.
Granted, November 28, 1988.

INTERNATIONAL OPERATIONS
New York

Manufacturers Hanover International Finance
Corporation, New York, New York — to invest in
Ripasa S.A. Celulose e Papel, Sao Paulo, Brazil.
Permitted, November 30, 1988.

Chicago

Midwest Guaranty Bank, Troy, Michigan —
member of the Federal Reserve System.
Approved, November 30, 1988.

MEMBERSHIP
to become a

REGULATIONS AND POLICIES




Director, C&CA

Regulation E — update of official staff commentary.
Proposed, December 1, 1988.

Director, C&CA

Regulation Z — update of official staff commentary.
Proposed, December 1, 1988.

H.2

ADDITIONS AND CORRECTIONS

NOVEMBER 28, 1988
PAGE 14

TO

DECEMBER 2, 1988

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Barnett Banks* Inc., Jacksonville, Florida — to
acquire First Federal Savings and Loan Association,
Summerville, Georgia.
Approved, November 14, 1988.

ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Chicago

Athens Bancorp, Inc., Athens, Wisconsin — to engage
de novo in trust activities through Vigil Asset
Management Group, Inc. Wausau, Wisconsin.
Permitted, November 25, 1988.

EXTENSIONS OF TIME




Chicago

Illini Community Bancorp, Inc., Springfield, Illinois
— extension to January 30, 1989, to acquire
Elkhart Banc Shares, Inc.
Granted, November 23, 1988.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

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

Canaan National Bancorp,
Inc., Canaan, Connecticut 3(a)(1) application to
become a bank holding
company through the
acquisition of The Canaan
National Bank, Canaan,
Connecticut*

Newspaper

12-18-88

Federal Register

12-19-88

Village Financial Corporation
Employee Stock Ownership Plan,
Gilford, New Hampshire - Change
in Control Notification
to acquire 13.16% of Village
Financial Corporation, Gilford,
New Hampshire

Newspaper

Eastern Savings Bancorp, Inc.,
Lynn, Massachusetts 3(a)(l)/4(c)(8) application
to become a bank holding
company through the acquisition
of Eastern Bank, Lynn,
Massachusetts*

Newspaper

Federal Register

Federal Register

12-15-88
Not Yet Published

12-31-88
Not Yet Published

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application
Bank of Boston Corporation,
Boston, Massachusetts 4(c)(8) application to
acquire the factoring
assets of First Union
Ccumercial Corporation,
Charlotte, North Carolina



Comment Period Ending Date
Federal Register

12-8-88

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION III - APPLICATIONS SUBJECT TO Cont'd)
FEDERAL REGISTER NOTICE ONLY
Application

Ccnment Period Ending Date

Fleet/Norstar Financial
Group, Inc., Providence,
Rhode Island - 4(c)(8)
application for prior
approval of the acquisition
of approximately 35% of the
outstanding voting capital
stock of Capital Guaranty
Corporation, San Francisco,
California

Federal Register

Not Yet Published

Fleet/Norstar Financial Group,
Inc., Providence, Rhode Island
- 4 (c)(8) application to acquire
Cary Grant & Company, Inc.,
Chicago, Illinois

Federal Register

Not Yet Published

Federal Register

Not Yet Published

t
Bank of New England Corporation,
Boston, Massachusetts - 4(c)(8)
application to engage in the
underwriting and dealing of all
types of debt securities
through BNE Capital Markets, Inc.,
Boston, Massachusetts

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application




Federal Reserve Bank of New York
Cornrrent Period
Ending Date

SECTION I
Applications Subject to Newspaper
____________ Notice Only__________
None.

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Fairfield County Bancorp, Inc., Stamford, Connecticut
to acquire the shares of Greenwich Trust Company,
Greenwich, Connecticut, a preposed new bank.l/

1/1/89 3/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Brunswick Bancorp, New Brunswick, New Jersey to engage in
making commercial loans.

N/A

The Hongkong and Shanghai Banking Corporation, Hong Kong;
Kellett N.V., Curacao, Netherlands Antilles; HSBC Holdings
B.V., Amsterdam, the Netherlands; and Marine Midland Banks,
Inc., Buffalo, New York to engage through their subsidiary,
Marine Midland Capital Markets, Inc., in underwriting and
dealing, to a limited extent, in equity and debt securities.

N/A

Hudson Valley Holding Corp., Yonkers, New York to engage
through its subsidiary, Hudson Valley Mortgage Corp.,
Valhalla, New York, in mortgage banking activities.

N/A

Key Corp, Key Atlantic Bancorp and Key Bancshares of
New York, Inc., all of Albany, New York to engage through
their subsidiary, Key Services Corp., in data processing
activities.

N/A




Federal Reserve Bank of New York

SECTION IV
Applications Not Involving
______ Public Comment______
Republic National Bank of New York, New York,
New York, to establish a branch office in Singapore.

1/
2/
3/

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




FEDERAL
RESERVE BANKOF
PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Farmers Trust Company of Lebanon, Pa.,
Lebanon, PA to establish a branch in the
North Londonderry Square Shopping Center,
Route #422, North Londonderry Township,
Lebanon County, Palmyra, PA.

12/25/88 1/

Farmers Trust Company of Lebanon, Pa.,
Lebanon, PA to establish a branch in the
Cedar Crest Square Shopping Center,
Route #72, North Cornwall Township,
Lebanon County, Lebanon, PA.

12/25/88 1/

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
Keystone Financial, Inc., Harrisburg, PA
to acquire 100% of voting shares of
Keystone Brokerage, Inc., Williamsport,
PA pursuant to Section 4(c)(8).

N/A

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.

Ten Independence Mall, Philadelphia, PA 19106,(215) 574-6000



Applications Bulletin
For Week Ending December 3, 1988

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING

Received application on November 30, 1988
fran Commerce Exchange Bank, Beachwood, Ohio,
for permission to establish a branch at 25000
Country Club Boulevard, North Olmsted, Ohio.

* Not Yet Known #

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a)(1) application on
December 2, 1988 from New Financial Corp.,
Wilmington, Delaware, to acquire Bank of
Delaware Corporation, Wilmington, Delaware.

* Not Yet known #

Received Section 3(a)(3) application on
December 2, 1988 frcm PNC Financial Corp,
Pittsburgh, Pennsylvania, to acquire Bank
of Delaware Corporation, Wilmington, Delaware.

* Not Yet Known #

SECTION III - APPIICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4(c) (8) Notice on
November 29, 1988 fran B/W Bancshares, Inc.,
Lexington, Kentucky, to engage de novo in the
consumer finance business pursuant to Section
225.25(b)(1) of Regulation Y through Mountain
Credit Corporation, Lexington, Kentucky.

* - Subject to CRA




Not Yet Kncwn #




N - Newspaper Corrment Period
F - Federal Register Garment Period

Applications Bulletin
For Week Ending December 3, 1988

Received Section 4 (c)(8) application on
November 30, 1988 from First Carmonwealth
Financial Corporation and S&T Bancorp, Inc.,
both of Indiana, Pennsylvania, to engage
de novo through a proposed jointly-owned
subsidiary, Carmonwealth Trust Credit Life
Insurance Company, Phoenix, Arizona, in
underwriting, as reinsurer, credit life
and accident and health insurance directly
related to extensions of credit by entities
owned by First Carmonwealth Financial
Corporation and S&T Bancorp, Inc. These
activities will be conducted pursuant to
Section 225.25(b)(8) of Regulation Y.

Not Yet Known #

Received Section 4(c)(8) application on
December 2, 1988 frcm New Financial Corp.,
Wilmington, Delaware, to acquire Del Vest,
Inc., and Christina Life Insurance Canpany,
both of Wilmington, Delaware, and both owned
by Bank of Delaware Corporation, Wilmington,
Delaware.

Not Yet Known #

Received Section 4(c)(8) application on
December 2, 1988 fran PNC Financial Corp,
Pittsburgh, Pennsylvania, to acquire Del
Vest, Inc., and Christina Life Insurance
Company, both of Wilmington, Delaware, and
both owned by Bank of Delaware Corporation,
Wilmington, Delaware.

Not Yet Known #

* - Subject to CRA
# - Expected to end approximately 30 days fran the date of receipt
N - Newspaper Comment Period
V -




1 Rom' Q+-^*r Pnmmpnf P<=>*r-inrl

Applications Bulletin
For Week Ending December 3, 1988

SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received request on December 1, 1988 fran
Somerset Trust Company, Somerset, Pennsylvania,
to exceed its limit of investment in bank premises
permitted under Section 24A of the Federal Reserve
Act.
Received request on December 1, 1988 from The
Lorain County Bank, Elyria, Ohio, for permission
to exceed its limit of investment in bank premises
permitted under Section 24A of the Federal Reserve
Act.*

* - Subject to CRA
# - Expected to end approximately 30 days from the date of receipt
N - Newspaper Corment Period




December 5, 1988
Federal Reserve Bank of Atlanta
Applications Bulletin

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Citizens' Capital Corporation
12-16-88
Robertsdale, Alabama
Federal Register & Newspaper
Change in control by Robert Gulledge & Linda Gulledge to retain 11.38
percent of the outstanding shares that increased total ownership to 25.24
percent (after-the-fact).

SouthTrust Corporation
Birmingham, Alabama
To acquire SouthTrust Bank of Sarasota County, Sarasota, Florida
(in organization), through its wholly-owned subsidiary, SouthTrust
of Florida, Inc., Sarasota, Florida.

Security National Corporation
12-24-88
Maitland, Florida
Newspaper
To acquire Security National Bank of Brevard, Melbourne, Florida
(in organization).

First Cherokee Bancshares, Inc.
12-16-88
Woodstock, Georgia
Newspaper
1-BHC formation, First National Bank of Cherokee, Woodstock, Georgia.

First National Bancorp
12-23-88
Gainesville, Georgia
Newspaper
To acquire The Peeples Bank of Forsyth County, Cunning, Georgia.

Citizens Capital Corporation
12-16-88
Morton, Mississippi
Federal Register
Change in control by Robert Eason Leake & Wirt A. Yerger, Jr. to acquire an
additional 14.1 percent of the outstanding shares, increasing total
ownership to 43.4 percent.

Magnolia State Capital Corporation
12-16-88
Magee, Mississippi
Federal Register
Change in control ly Robert Eason leake & Wirt A. Yerger, Jr. to acquire an
additional 18.5 percent of the outstanding shares, increasing total
ownership to 55.4 percent.




December 5, 1988
Federal Reserve Bank of Atlanta
Applications Bulletin

Section II - Applications Subject to Both
Newspaper and Federal Register Notice

12-06-88
Peoples Financial Corporation
Federal Register
Biloxi, Mississippi
Change in control by Chevis C. Swetman to acquire up to 20 percent of the
outstanding shares of cannon stock.

Section III - Applications Subject to
Federal Register Notice Only
Application

Comment Period Ending Date

CB&T Bancshares, Inc.
Columbus, Georgia
To expand the activities of Calumet Financial Associates, Inc., Coluirbus,
Georgia, to include discount brokerage and investment advisory activity,
pursuant to section 225.25(b) (4) and 225.25(b) (15) of Regulation Y.

SunTrust Banks, Inc.
12-16-88
Atlanta, Georgia
Federal Register
To expand the activities of SunTrust Insurance Company, Atlanta, Georgia,
and engage de novo in underwriting as reinsurer of heme mortgage redemption
insurance, pursuant to section 225.25(b)(8)(i) of Regulation Y.




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period Ending Date

Prosperity Bank & Trust Company,
Springfield, Virginia, request for
permission to establish a branch at
6530 Backlick Road, Springfield, Virginia.*
The Lunenburg County Bank, Kenbridge,
Virginia, request for permission to
establish a branch at Third and South
Streets, Farmville, Virginia.*

12-23-88

Signet Bank/Maryland, Baltimore, Maryland,
request for permission to establish a
branch at 1 Newport Drive, Forest Hill,
Maryland.*

12-23-88

Bank of Lancaster, Kilmarnock, Virginia,
request for permission to establish a
branch at State Route 3, Ice House Field
Shopping Center, White Stone, Virginia.*

12-31-88

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Greenville Financial Corporation,
Greenville, South Carolina, for prior
approval to become a bank holding company
through the acquisition of Greenville
National Bank, Greenville, South Carolina.*

12*27-88

Enterprise Bancorp, Inc., Raleigh, North
Carolina, for prior approval to become a
bank holding company through the acquisition
of Enterprise Bank, National Association,
Raleigh, North Carolina, a de novo bank.*

12-31-88

♦Application is subject to CRA.




Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice
Comment Period Ending Date

Application
Chesapeake Bank Corporation, Chesapeake,
Virginia, to engage in making, acquiring,
and/or servicing loans for itself or for
others of the type made by a consumer
finance company through the acquisition of
South Norfolk Loan Corporation, Chesapeake,
Virginia.**

12 16-88
-

MNC Financial, Inc., Baltimore, Maryland,
to engage in the acceptance of deposits,
making and servicing mortgage loans on
residential and commercial real estate,
including construction loans through the
acquisition of Virginia Federal Savings and
Loan Association, Richmond, Virginia.

Not Yet Available

Allied Irish Banks Limited, Dublin, Ireland,
and First Maryland Bancorp, Baltimore, Maryland,
to engage de novo in making, acquiring, and
servicing loans or other extensions of credit
for its own account or the account of others,
secured by mortgages or deeds of trust on real
property or condominiums; and participating in
the secondary mortgage market in connection
therewith through its subsidiary, First National
Mortgage Corporation, Baltimore, Maryland.

Not Yet Available

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 Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Type

Application

2083

FCBAH Bank
N
Arlington Heights, Illinois (in organization)
to become a member of the Federal Reserve System*

- **

EFT

Bankers Trust Company
Des Moines, Iowa
Food Saver, 3799 86th Street
Urbandale, Iowa*

N

- 12-16-88

Branch

Independent Bank - South Michigan
Leslie, Michigan
315 Lansing Road
Charlotte, Michigan*

N

- **

EFT

Comerica Bank - Detroit
Detroit, Michigan
CPC Headquarters, 30001 Mound Road
Warren, Michigan*

N

- 12-15-88

EFT

Comerica Bank - Detroit
N
Detroit, Michigan
GM Poletown Plant, 2500 E. General Motors Blvd.
Detroit, Michigan*

- 12-15-88

EFT

Comerica Bank - Detroit
Detroit, Michigan
Oaktec, 3551 Hamlin Road
Auburn Hills, Michigan*

- 12-15-88

N

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date

Type

Application

Y-2

First Chicago Corporation
Chicago, Illinois
FCBAH Bank
Arlington Heights, Illinois (in organization)*

FR - 12-9-88
N - **

CoC-HC

Spencer Bancorporation, Inc.
Spencer, Wisconsin
Thomas J., Jr.; Carol J.; and David
Thomas Steinmetz

FR - 11-1-88
N - 11-10-88




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Continued
Comment Period
Ending Date

Type

Application

Y-2

First Oak Brook Bancshares, Inc.
Oak Brook, Illinois
Liberty Bancorp, Inc.
Broadview, Illinois
Liberty Bank
Broadview, Illinois*

FR - 12-9-88
N - 12-9-88

Y-2

NEB Corporation
Fond Du Lac, Wisconsin
Mount Calvary State Bank
Mount Calvary, Wisconsin*

FR - 12-9-88
N - 12-10-88

CoC-HC

First Rantoul Corporation
Rantoul, Illinois
Richard J. Baker

FR - **
N - 12-16-88

CoC-HC

Leland National Bancorp, Inc.
Leland, Illinois
H. P. Walker; Donald D. Spencer;
Marlin M. Cluts; Theodore L. Tilton;
Steven M. Pfieffer; Rick L. Reed

FR - 12-6-88
N - 12-7-88

Y-l

W-CV Bancorp, Inc.
Westby, Wisconsin
Westby-Coon Valley State Bank
Westby, Wisconsin*

FR - 12-9-88
N - **

Y-l

FSB of Victor, Inc.
Victor, Iowa
Fanners Savings Bank
Victor, Iowa*

FR - 12-14-88
N - 12-12-88

CoC-HC

First Midwest Corporation of Delaware
Elmwood Park, Illinois
E. V. Silver!

FR - 12-12-88
U _ **

CoC-HC

Robuck, Inc.
South Sioux City, Nebraska
Thomas D. Ross; Ron Bowden; Randy Lanning;
Randy Lamprecht and Mark Buckley

FR - 12-12-88
N - **

Y-l

Markesan Bancshares, Inc.
Markesan, Wisconsin
Markesan State Bank
Markesan, Wisconsin*

FR - **
N - 11-26-88







Federal Reserve Bank of Chicago
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Continued

Application

Comment Period
Ending Date

Interlachen Development, Inc.
Milford, Iowa
Milford Bancorporation
Milford, Iowa
Dickinson County Savings Bank
Milford, Iowa
San Bancorp
Sanborn, Iowa
Sanborn Savings Bank
Sanborn, Iowa*

FR - **
N - 11-30-88

AFC Acquisition Corporation
Detroit, Michigan
Alliance Financial Corporation
Dearborn, Michigan
Dearborn Bank and Trust Company
Dearborn, Michigan
Huron Community Bank
East Tawas, Michigan*

FR - **
N - **

Comerica Incorporated
Detroit, Michigan
Alliance Financial Corporation
Dearborn, Michigan
Dearborn Bank and Trust Company
Dearborn, Michigan
Huron Community Bank
East Tawas, Michigan*

FR - **
N _ **

Foresight Financial Group, Inc.
Freeport, Illinois
Northwest Funding Co.
Rockford, Illinois
Northwest Bank of Rockford
Rockford, Illinois*

FR - **
H _ **

Summcorp
Fort Wayne, Indiana
Summit Bank of Indianapolis
Indianapolis, Indiana, successor of
Indianapolis Morris Plan Corporation
Indianapolis, Indiana*

FR - **
D _ **

Wellington Bancorp, Inc.
Springfield, Illinois
Community Bank
Hoopeston, Illinois*

FR - **
u _ **

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Continued

Type

Application

Y-l

First National Bank of Blue Island Employee
Stock Ownership Trust
Blue Island, Illinois
Great Lakes Financial Resources, Inc.
Blue Island, Illinois
First National Bank of Blue Island
Blue Island, Illinois
Community Bank of Homewood-Flossmoor
Homewood, 111ino is*

Comment Period
Ending Date
FR - **
N - **

Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

Type

Application

Y-4

Sandwich Banco, Inc.
Sandwich, Illinois
Northern Illinois Finance Company
Plano, Illinois

Y-4

AFC Acquisition Corporation
Detroit, Michigan
Alliance Data Services, Inc.
Dearborn, Michigan

FR - **

Y-4

Comerica Incorporated
Detroit, Michigan
Alliance Data Services, Inc.
Dearborn, Michigan

FR - **

FR - **

Section IV - Applications Not Subject to Federal Register Notice
Or Newspaper Notice
Type

Application

RoS

Community Grain Company
Coon Rapids, Iowa
To redeem 36 shares of its common stock from David Garst

N
FR
*
**

_
_

Newspaper
Federal Register
Subject to provisions of Community Reinvestment Act
Not available at this time




Federal Reserve Bank of St. Louis

SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
None.

SECTION II ~ APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

Comment Period Ending Date

* Section 3(a)(1) application by Golden
Triangle Bancshares, Inc., Carrollton,
Kentucky, to acquire Citizens Bank,
New Liberty, Kentucky

(Not available)

* Section 3(a)(1) application by Freedom
Financial Corporation, Louisville,
Kentucky, to acquire Pennyrile
Citizens Bank and Trust Company,
Hopkinsville, Kentucky

(Not available)

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Stock redemption notification by
Bank of Dardanelle Bancshares, Inc.,
Dardanelle, Arkansas

*




This application is subject to CRA

FEDERAL RESERVE BANK OF MINNEAPOLIS

Section I - Applications Subject to
______ Newspaper Notice Only______
Comment Period
Ending Date

Application
First Western Bank Custer
Custer, SD
To purchase certain assets and
liabilities of the Hill City branch
of Rushmore State Bank, Rapid City,
South Dakota and establish a branch
in Hill City, South Dakota.*

Not yet available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Application
Albert Johnson and Vernon Johnson
To acquire control of 332 of the
voting shares of Valhalla Bank
Holding Company, Valhalla, ND

Comment Period
Ending Date
11-30-88
(Newspaper)

Jorgenson Holding Company
Kenmare, ND
To acquire Citizens State Bank
Mohall, ND*

Not yet available

Norwest Corporation
Minneapolis, MN
To merge with The Bank Group,
Inc., Vayzata, MN, which owns
The Bank North, Crystal, MN;
The Bank Excelsior, Excelsior, MN;
and The Bank Vayzata, Vayzata, MN.*

Not yet available

First State Bank of Fort Benton Em­
ployee Stock Ownership Plan
To increase its ownership to 17.622
of the voting shares of Choteau
County Bancshares, Inc., Ft. Benton,
MT.

Not yet available

^Subject to CRA




FEDERAL RESERVE BANE OF MINNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only

ADDlication

Comment Period
Ending Date

First Bancorp, Inc.
Huron, SD
To indirectly engage in operating
a general insurance agency through
the acquisition of Christen Company,
Huron, SD.

12-16-88

Norvest Corporation
Minneapolis, MN
To engage in general insurance
agency activities through the
acquisition of Adam D. Kohl In­
surance, Inc., Hastings, NE.

12-16-88

First Interstate BancSystem of
Montana, Inc.,
Billings, MT
To engage in trust company acti­
vities through the acquisition of
First Interstate Trust Company of
Billings/Missoula, Billings, MT.

12-22-88

Norwest Corporation
Minneapolis, MN
Norvest Financial Services, Inc.
Des Moines, IA
Norvest Financial, Inc.
Des Moines, IA
To engage in consumer finance acti­
vities thru the acquisition of
Charter Finance Company, Cape
Girardeau, MO, and Mid South Finance
Company of Illinois, McClure, 111.

12-7-88

Lakota Bank Holding Company, Inc.
Lakota, ND
To engage in operating a general in­
surance agency in a place of less
than 5,000 through the acquisition
of Anderson Agency of Lakota, Inc.,
Lakota, ND. The activity vill be
conducted in Lakota, ND.

Not yet available




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only (Continued)
Comment Period
Ending Date

Application
Norvest Corporation
Minneapolis, MN
To engage in mortgage banking activi­
ties through the acquisition of Vayzata
Mortgage Company, Plymouth, MN. The
activity will be conducted from an
office in Plymouth, MN.

Not yet available

Norvest Corporation
Minneapolis, MN
To engage in general insurance agency
activities through the acquisition
of The I.F.M. Group, Inc., Vayzata,
MN. The activity will be conducted
from offices in Vayzata and Crystal,
MN.

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Norvest Bank Minnesota, N.A.
Minneapolis, MN
To establish a foreign branch
in Hong Kong.




Federal Reserve Bank of Kansas City
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

F i r s t N a t i o n a l B a n c s h a r e s of
W i n f i e l d , Inc., W i n f i e l d , Kansas,
for p r i o r a p p r o v a l to a c q u i r e and
m e r g e w i t h O x f o r d B a n c s h a r e s , Inc.,
Oxford, K a n s a s , p a r e n t of The
O x f o r d B a n k , O x f o r d , Kansas.

Not A p p l i c a b l e

F i r s t T u t t l e B a n c o r p , Inc., Tuttle,
O k l a h o m a , for p r i o r a p p roval to
become a bank h olding company
t h r o u g h t h e a c q u i s i t i o n of 80
p e r c e n t of the v o t i n g shares of
F i r s t N a t i o n a l B a n k of Tuttle,
Tuttle, O k l a h o m a . *

Not Available

A l f r e d F. B o u d r e a u , Jr. Trust, and
K a t h e r i n e F. B o u d r e a u Trust, both
of Tulsa, O k l a h o m a , for prior
a p p r o v a l to i n c r e a s e each of their
p r o p o r t i o n a t e o w n e r s h i p of
B r o o k s i d e B a n c s h a r e s , Inc., Tulsa,
Oklah o m a , b y .24 p e r c e n t to 10.44
percent.

Not Available

R o b e r t E. C r a i n e , Jr., Tulsa,
O k l a h o m a , for a p p r o v a l to retain
33.3 p e r c e n t of t h e o w n e r s h i p of
W o o d l a n d B a n c o r p , Inc., Tulsa,
Oklahoma; a n d M a r y K. Sanditen,
Tulsa, O k l a h o m a , for prior a p p r o v a l
to i n c r e a s e her p r o p o r t i o n a t e
o w n e r s h i p b y .91 p e r c e n t to 17.03
perc e n t .

Not A v a i l a b l e

Helene M c C a n n , S h a w n e e Mission,
Kansas, for a p p r o v a l to retain 1.47
p e r c e n t of the o w n e r s h i p of
F i d e l i t y B a n c C o r p o r a t i o n , Dodge
City, K a n s a s .

Not Available




Federal Reserve Bank of Kansas City

S E C T I O N III - A P P L I C A T I O N S S U B J E C T T O F E D E R A L R E G I S T E R
NOTICE ONLY
APPLICATION

C O M M E N T P E R I O D E N D I N G DATE

None.

S E C T I O N IV ~ A P P L I C A T I O N S N O T S U B J E C T T O F E D E R A L R E G I S T E R N O T I C E
OR NEWSPAPER NOTICE
APPLICATION
None.
♦ A p p l i c a t i o n is s u b j e c t to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 28, 1988

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION

** NOTICE EXP

Change in Control Notice by
Pilot Point Bancorp, Inc. Employee Stock Ownership Plan,
Pilot Point, TX, to acquire an interest in Pilot Point
Bancorp, Inc., Pilot Point, TX

N/A

Change in Control Notice by
Mr. Sammy P. Pierce, Bellville, TX and Pierce Sale Company,
Trustee of Profit Sharing Plan and Trust, Bellville, TX
to acquire an interest in Community Bancorporation, Inc.,
Bellville, TX

N/A

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 12/02/88
Section I - Applications Subject to Newspaper Notice Only
Ad d Iication

Comment Period Ending Date

None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Mineral King Bancorp, Inc., Visalia,
California, to become a bank holding
company through the acquisition of
Mineral King National Bank, Visalia,
California. *

Newspaper:

1/06/89

Fed. Req.:

12/02/88

Siegel & Feldstein Voting Trust, Los
Angeles, California, to increase
voting shares from 20 percent to 35
percent of Griffin Holdings, Inc.,
Los Angeles, California.

Newspaper:

Not Available

Fed. Rea.:

11/28/88

FISCORP, Inc., Salt Lake City, Utah, to
become a bank holding company through
the acquisition of Pioneer Bank,
Salt Lake City, Utah. *

Newspaper:

Not available

Fed. Rea.:

12/16/88

C.B. Bancshares, Inc. Employee Stock
Ownership Plan and Trust, Honolulu,
Hawaii, to acquire 16.6 percent of
C.B. Bancshares, Inc., Honolulu, Hawaii.

Newspaper:

12/05/88

Fed. Rea.:

12/19/88

Section III - Applications Sub.iect to Federal Register Notice Only
Security Pacific Corporation, Los Angeles,
California, to acquire Burns Fry Hoare
Govett, Inc., New York, New York, and
engage in brokerage, advisor and private
placement activities.

Fed. Reg.: Not yet published

The Mitsubishi Bank, Ltd., Tokyo, Japan,
to engage, indirectly, in acting as a
futures commission merchant through their
subsidiary, MBL Futures, Inc., Chicago,
Illinois.

Fed. Reg.:

Not available

Wells Fargo & Company, San Francisco,
California, to acquire Perpetual
Federal Savings Association, Santa Ana,
California.

Fed. Reg.:

Not available




Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None

* Subject to CRA.