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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1989, Ndin 5 / o Actions of the Board, its Stafir, the Federal Reserve Baftks; Applications and Repotfte Reqep During the Week Ending February "4^ ,, ^ . ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Barnett Banks, Inc., Jacksonville, Florida — to engage de novo in underwriting and dealing in certain securities through Barnett Capital Markets Group, Inc.; and to engage in combined investment advisory and securities brokerage through Barnett Brokerage Service, Inc., West Palm Beach, Florida. Approved, January 30, 1989. C.N. Bancorp, Limited, Taipei, Taiwan, and Williams-Augusta Acquisition Corp, San Francisco, California — to acquire California National Bank. Approved, January 30, 1989. CHANGE IN BANK CONTROL Maui Bancshares, Inc., Tacoma, Washington — in bank control. Permitted, January 30, 1989. change REGULATIONS AND POLICIES Foreign government treatment of U. S. companies operating in foreign government debt markets — request for comment concerning competitive opportunities (Docket R-0658). Approved, January 30, 1989. Regulation H — amendment to require state member banks and U.S. branches and agencies of foreign banks to make reports of condition and income, or comparable information, publicly available (Docket R-0636). Approved, February 1, 1989. RESERVE BANK OPERATIONS Directors — designation of Deputy Chairman at the Federal Reserve Bank of Kansas City. Approved, February 1, 1989. H.2 JANUARY 29, 1989 PAGE 2 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Corporate restructuring and leveraging — statement by Chairman Greenspan before the House Committee on Ways and Means, February 2, 1989. Published, February 2, 1989. Economic prospects — statement by Chairman Greenspan before the Joint Economic Committee, January 31, 1989. Published, January 31, 1989. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC Philadelphia First Sterling Bank, Devon, Philadelphia — to establish a branch at 21 West State Street, Media, Pennsylvania. Approved, February 1, 1989. San Francisco Silicon Valley Bank, Santa Clara, California — to establish a branch in Building 3, Suite 100, Sand Hill Road, Melon Park, California. Approved, January 30, 1989. Chicago Unibanctrust Company, Chicago, Illinois — to establish an automated teller machine at Allstate Plaza West, 3100 Sanders Road, Northbrook, Illinois. Approved, February 1, 1989. BANK HOLDING COMPANIES Atlanta Barnett Banks, Inc., Jacksonville, Florida — to acquire certain accounts and properties of Southern Federal Savings Bank, Thomasville, Georgia. Approved, January 29, 1989. Atlanta Barnett Banks, Inc., Jacksonville, Florida — to acquire Barnett Bond Service, Inc., and engage in unit investments trusts and mutual funds. Approved, February 3, 1989. H.2 JANUARY 29, 1989 PAGE 3 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta CB&T Bancshares, Inc., Columbus, Georgia; SunTrust Banks, Inc., Atlanta; Citizens and Southern Georgia Corporation; Barnett Banks, Inc., Jacksonville, Florida; and Bank South Corporation, Atlanta, Georgia — to expand Georgia Interchange Network, Inc. Approved, February 4, 1989. St. Louis CNB Bancshares, Inc., Evansville, Indiana — to acquire Bank of St. Helens, Shively, Kentucky. Approved, January 31, 1989. Staff Director BS&R First American Bancshares, Inc., New Orleans, Louisiana — modification of request concerning BoardTs approval of application to acquire American Bank & Trust Company. Approved, February 1, 1989. Chicago First Interstate Corporation of Wisconsin, Kohler, Wisconsin — to expand management consulting services through First Interstate Management Services of Wisconsin, Sheboygan, Wisconsin. Approved, January 31, 1989. Chicago First of America Bank Corporation, Kalamazoo, Michigan, and First of America Bancorporation-111inois, Inc., Libertyville, Illinois — to acquire Whiteside County Bank., Morrison, Illinois. Approved, February 1, 1989. Chicago First Wisconsin Corporation, Milwaukee, Wisconsin, and F.W.S.B. Corporation — to acquire Stillwater Holding Company, Stillwater, Minnesota, and First National Bank in Stillwater; Hugo Bancorporation, Inc., Hugo, Minnesota, and First State Bank of Hugo. Approved, January 31, 1989. Minneapolis Jorgenson Holding Company, Kenmare, North Dakota — to acquire The Citizens State Bank at Mohall, Mohall, North Dakota. Approved, February 2, 1989. H.2 JANUARY 29, 1989 PAGE 4 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Lakeland Bancshares, Inc., Lyle, Minnesota — acquire Bank of Lyle. Approved, January 30, 1989. Kansas City Lindoe, Inc., Ordway, Colorado — to acquire Pueblo Bancorporation, Pueblo, Colorado, and Pueblo Bank & Trust Co. Withdrawn, January 30, 1989. Richmond Matewan BancShares, Inc., Matewan, West Virginia — to engage in loan activities and equity investments of five percent or less through Matewan Venture Fund, Inc. Approved, January 30, 1989. Atlanta Parish National Corporation, Bogalusa, Louisiana — to merge with Progressive Capital Corporation, Amite, Louisiana. Withdrawn, February 2, 1989. to BANK PREMISES St. Louis Citizens Bank of Lavaca, Lavaca, Arkansas — investment in bank premises. Approved, February 3, 1989. Richmond Farmers & Merchants Bank, Timberville, Virginia — investment in bank premises. Approved, January 31, 1989. Chicago First State Bank of Porter, Porter, Indiana — investment in bank premises. Approved, January 31, 1989. BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS Staff Director BS&R Dominion Trust Company of Tennessee, Nashville, Tennessee — transfer agent registration. Approved, February 3, 1989. H.2 JANUARY 29, 1989 PAGE 5 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS, STATE MEMBER Richmond Bank of Gassaway, Gassaway, West Virginia — of a dividend. Approved, January 30, 1989. Staff Director BS&R Cielo Vista Bank, El Paso, Texas — dividend. Approved, January 30, 1989. Staff Director BS&R Vintage Bank, Napa, California — registration. Withdrawn, February 3, 1989. payment payment of a transfer agent CAPITAL STOCK Kansas City Syracuse Financial Company, Syracuse, Kansas — redemption of shares. Approved, February 3, 1989. CHANGE IN BANK CONTROL Kansas City Brookside Bancshares, Inc., Tulsa, Oklahoma — in bank control. Permitted, January 30, 1989. Atlanta Citizens Capital Corporation, Morton, Mississippi — change in bank control. Permitted, February 3, 1989. Atlanta Citizens7 Capital Corporation, Robertsdale, Alabama — change in bank control. Permitted, February 3, 1989. Dallas Guardian Bancorp, Salt Lake City, Utah — bank control. Returned, January 31, 1989. Atlanta Magnolia State Capital Corporation, Magee, Mississippi — change in bank control. Permitted, February 3, 1989. Atlanta Peoples Financial Corporation, Biloxi, Mississippi — change in bank control. Permitted, February 2, 1989. change change in H.2 JANUARY 29, 1989 PAGE 6 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Atlanta Peoples Financial Corporation* Biloxi* Mississippi — change in bank control. Permitted* February 2* 1989. Atlanta Riverside Banking Company* Fort Pierce* Florida — change in bank control. Permitted* February 2* 1989. Kansas City Syracuse Financial Company* Syracuse* Kansas — change in bank control. Permitted* January 31, 1989. San Francisco Torrey Pines Group* Solana Beach* California — change in bank control. Permitted* February 1* 1989. Kansas City United Kansas Bank Group* Inc.* Merriam* Kansas — change in bank control. Permitted, January 30* 1989. Kansas City Woodland Bancorp* Inc.* Tulsa* Oklahoma — bank control. Permitted* January 31* 1989. change in COMPETITIVE FACTORS REPORTS St. Louis Centerre Bank of Springfield* Springfield* Missouri* proposed merger with The BoatmenTs National Bank of Springfield — report on competitive factors. Submitted* January 30* 1989. Dallas Farmers State Bank of Madisonville* Madisonville* Texas* proposed merger with The First State Bank of Marlin* Marlin* Texas — report on competitive factors. Submitted* January 30* 1989. Atlanta First Commercial Bank* Birmingham* Jefferson County* Alabama* proposed purchase of the assets and assumption of the liability to pay deposits made in Cahaba Bank & Trust* Trussville* Jefferson County — report on competitive factors. Submitted* January 30* 1989. H.2 JANUARY 29, 1989 PAGE 7 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Cleveland First National Bank, Orrville, Ohio, proposed purchase of the assets and assumption of the liabilities of the Lodi, Ohio, branch of Society National Bank, Cleveland, Ohio — report on competitive factors. Submitted, February 2, 1989. St. Louis First National Bank of Harrisburg, Harrisburg, Illinois, proposed merger with Harrisburg Merger Bank, National Association — report on competitive factors. Submitted, January 30, 1989. St. Louis Humansville Bank, Humansville, Missouri, proposed merger with Citizens State Bank of Polk County, Bolivar, Missouri — report on competitive factors. Submitted, February 1, 1989. Atlanta Jefferson National Bank of Sunny Isles, North Miami Beach, Florida, proposed merger with Jefferson Bank, Hollywood, Florida — report on competitive factors. Submitted, February 2, 1989. Kansas City Kansas State Bank in Holton, Holton, Kansas, proposed merger with First Bank of Wetmore, Wetmore, Kansas — report on competitive factors. Submitted, January 30, 1989. Minneapolis Northern Highlands State Bank, Mercer, Wisconsin, proposed merger with Iron Exchange Bank, Hurley, Wisconsin — report on competitive factors. Submitted, January 30, 1989. Dallas Park Forty proposed Texas — Submitted, - Five National Bank, Spring, Texas, merger with Champions Bank, N.A., Houston, report on competitive factors. January 30, 1989. H.2 JANUARY 29, 1989 PAGE 8 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Cleveland Star Bank, National Association, Dayton, Fairborn, Ohio, proposed purchase of certain assets and assumption of the liabilities of the Trotwood and Englewood, Ohio, branches of Star Bank, National Association, Troy, Troy, Ohio — report on compet it ive factors. Submitted, February 3, 1989. EXTENSIONS OF TIME Chicago NBD Bancorp, Inc., Detroit, Michigan — extension to April 16, 1989, to engage in precious metals through NBD Securities, Inc. Granted, January 31, 1989. Atlanta P.C.B. Bancorp, Inc., Largo, Florida — extension to May 5, 1989, to acquire Pinellas Community Bank, Largo, Florida. Granted, January 31, 1989. San Francisco Professional Bancorp, Santa Monica, California — extension to March 26, 1989, to achieve change in bank control. Granted, February 2, 1989. Atlanta South Banking Company, Alma, Georgia — extension to May 15, 1989, to achieve change in bank control. Granted, February 3, 1989. Atlanta SunTrust Banks, Inc., Atlanta, Georgia — extension to May 2, 1989, to acquire BHC Holdings, Inc., Philadelphia, Pennsylvania, and engage in securities brokerage. Granted, January 31, 1989. San Francisco 1867 Western Financial corporation, Stockton, California — extension to acquire Bank of Stockton. Granted, January 30, 1989. H.2 JANUARY 29, 1989 PAGE 9 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY INTERNATIONAL OPERATIONS Staff Director BS&R Chase Manhattan Overseas Banking Corporation* Wilmington* Delaware — to make an investment in Empresa Nacional de Telecomunicaciones S.A.* Santiago * Chile. Permitted* February 1* 1989. H.2 ADDITIONS AND CORRECTIONS JANUARY 29, 1989 PAGE 10 TO FEBRUARY 4, 1989 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation CC — deletion of implementation date of proposal to restrict certain delayed disbursement practices (Docket R-0639). Approved, January 27, 1989. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES San Francisco Dai - Ichi Kangyo Bank, Limited, Tokyo, Japan — to engage de novo in securities brokerage through DKB Securities Corporation, New York, New York. Permitted, January 9, 1989. General Counsel Mellon Bank Corporation, Pittsburgh, Pennsylvania — control determination relating to divestiture of certain company. Granted, January 17, 1989. BANK PREMISES St. Louis Bank of Cairo and Moberly, Moberly, Missouri — investment in bank premises. Approved, January 26, 1989. INTERNATIONAL OPERATIONS New York Republic National Bank of New York, New York, New York — to establish a branch in Singapore. Approved, January 13, 1989. FEDERAL RESERVE BARK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Content Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Content Period Ending Date Institution for Savings in Newburyport and Its Vicinity, Newburyport, Massachusetts Change in Control Notification to acquire up to 24.99% of First and Ocean Bancorp, Nevfouryport, Massachusetts Newspaper 2-12-89 Federal Register 2-24-89 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Content Period Ending Pate United Saver's Bancorp, Inc., Manchester, New Hampshire 4 (c)(8) application to engage in loan servicing activities Federal Register Not Yet Established SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE ♦Subject to CRA Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper __________ Notice Only________ Chemical Bank, New York, New York for permission to establish branch offices at (1) Estee Lauder Companies, 350 South Service Road, Melville, New York; (2) Global Equipment Company, 63 Hemlock Drive, Hempstead, New York; (3) American Transit Insurance Co., 330 West 42nd Street, New York, New York; (4) Kateri Residence, 150 Riverside Drive, New York, New York; and (5) Shearson Lehman Hutton, 31 West 52nd Street, New York, New York.l/ 2/27/89 SECTION II Applications Subject to Both Newspaper and Federal Register Notice Sleepy Hollow Bancorp, Inc., North Tarrytown, New York to became a bank holding company with respect to The First National Bank of North Tarrytown, North Tarrytown, New York.l/ 2/17/89 2/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) The Fuji Bank, Ltd., Tokyo, Japan to engage through its subsidiary, Fuji Capital Markets Corp., in making commercial loans, leasing real and personal property and providing investment advice. N/A SECTION IV Applications Not Involving _____ Public Comment_____ None. 1/ Subject to provisions of Community Reinvestment Act. 2/ Later of dates specified in newspaper and Federal Register notices. 3/ 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 P eriod Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date *The Frankford Corporation, Horsham, PA 1/ to acquire 9.65% of voting shares of Dime Financial Corp., West Chester, PA pursuant to Section 3(a)(3) of the Bank Holding Company Act. Newspaper: Federal Register: 2/20/89 2/17/89 * This was incorrectly stated as Frankford Trust Company on week of 1/30/89. 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. J / Subject to provisions of Community Reinvestment Act. *N/A - not yet available. Ten Independence Mall, Philadelphia, PA 19106, (215) 574-6000 Federal R eserve ELvntc OF CLEVELi\ND P O. BOX 6307 C L E V E L A N D , O H I O 4-4101 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING Received application on January 30, 1989 from The Fifth Third Bank, Cincinnati, Ohio, for permission to establish a branch at 5700 Lombardo Center, Suite 240 North, Seven Hills, Ohio. * Not Yet Known # SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * # N F - Subject to CRA Expected to end approximately 30 days from the date of receipt Newspaper Comment Period Federal Register Comment Period Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Farmers & Merchants Bank, Timberville, Virginia, request for permission to establish a branch at the Elkton Plaza Shopping Center, Elkton, Virginia.* Central Fidelity Bank, Richmond, Virginia, request for permission to establish a branch at the intersection of Route 122 and Route 616, Moneta, Virginia.* 2-20-89 Bank of Hampton Roads, Chesapeake, Virginia, request for permission to establish a branch at 838 East George Washington Highway, Chesapeake, Virginia.* 2-24-89 Central Fidelity Bank, Richmond, Virginia, request for permission to establish a branch in the Pickwick Square Shopping Center, 5708 Pickwick Road, Centreville, Virginia.* 3-1-89 Bank of Greenville, Greenville, West Virginia, request for permission to establish a branch on U. S. Route 219 at Lindside, West Virginia.* 3-4-89 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 None *Appl.ication is subject to CRA. Comment Period Ending Date Federal Reserve Bank of Richmond Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None February 6, 1989 Federal Reserve Bank of Atlanta Applications Bulletin Section I - Applications Subject to Newspaper Notice Only Application Caiment Period Ending Date First Gulf Bank 02-11-89 (CRA) Gulfport, Florida To establish a branch at 6025 Fourth Street, North, St. Petersburg, Florida, to be known as the North St. Petersburg Office. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Caiment Period Ending Date PBA Bancorporation Centreville, Alabama 1-BHC formation, The Peeples Bank of Alabama, Centreville, Alabama. Indian River Banking Company Vero Beach, Florida 1-BHC formation, Indian River National Bank, Vero Beach, Florida. LaPlace Bancshares, Inc. 02-22-89 LaPlace, Louisiana Newspaper Change in control by S. J. St. Martin, M.D., to retain 1.42 percent of the outstanding shares of cannon stock that increased total ownership to 14.41 percent (after-the-fact). LCB Corporation, Inc. 02-18-89 Fayetteville, Tennessee Newspaper To acquire 37.5 percent of North Alabama Bank, Hazel Green, Alabama (in organization). Section III - Applications Subject to Federal Register Notice Only Application Caiment Period Ending Date First Brundidge Bancshares, Inc. 02-17-89 Brundidge, Alabama Federal Register To engage de novo in insurance activities through First Brundidge Insurance Agency, Inc., Brundidge, Alabama, pursuant to section 225.25(b) (8) (iii) of Regulation Y. Northwest Georgia Financial Corporation 02-17-89 Dallas, Georgia Federal Register To engage de novo in management consulting activities to nonaffiliated depository institutions, pursuant to section 225.25(a)(11) of Regulation Y. Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Motice Only Comment Period Ending Date Type Application Membership Henry County Bank NP - 2-28-89 Green Rock, Illinois FR - 2-22-89 To become a member of the Federal Reserve System* Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 Financial Services Corporation of Midwest Rock Island, Illinois Henry County Bank Green Rock, Illinois* NP - 2-28-89 FR - 2-22-89 Y-l Farmers Savings Bank, Trustee of Farmers Savings Bank Employee Stock Ownership Plan West Union, Iowa Farmers Savings Bank West Union, Iowa * NP - 2-17-89 FR - 1-23-89 Y-l Fostoria Bankshares, Inc. Fostoria, Iowa Farmers Savings Bank Fostoria, Iowa* NP - ** FR - 2-17-89 CoC-HC Financial Services Corporation of the Midwest Rock Island, Illinois Bernard F. Weindruch; Ira J. Weindruch; Benjamin D. Farrar; Perry B. Hansen; Douglas M. and/or Sandra K. Kratz NP - 2-15-89 FR - 2-1A-89 Y-2 Lake Shore Bancorp, Inc. Chicago, Illinois Illinois Center Bancorporation, Inc. Glen Ellyn, Illinois Center Bank - Glen Ellyn Glen Ellyn, Illinois* NP - 1-10-89 FR - 2-17-89 Y-2 Midlothian State Bank Employees Stock Ownership Trust Midlothian, Illinois Midlothian State Bank Midlothian, Illinois* NP - 2-13-89 FR - 2-17-89 Y-l Lakeside Credit Company, Inc. Minneapolis, Minnesota First Trust & Saving Bank Cedar Rapids, Iowa* NP - ** FR - ** Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 Western Iowa Consultant, Inc. Council Bluffs, Iowa Peoples State Bank Missouri Valley, Iowa* NP - ** FR - ** y-2 Nevada National Co. Omaha, Nebraska Rainwood Corporation Omaha, Nebraska Valley State Bank Rock Valley, Iowa* NP - 2-4-89 FR - ** Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c)(8) Irwin Union Corporation Columbus, Indiana Irwin Union Capital Corporation Columbus, Indiana NP - ** FR - 2-17-89 4(c)(8) Irwin Union Corporation Columbus, Indiana Irwin Union Capital Markets, Inc. Columbus, Indiana NP - ** FR - 2-17-89 4(c)(8) Thurman State Corporation Lincoln, Nebraska Underwrite Life, Property, Casualty, Accident & Health Insurance Coverages NP - ** FR - ** 4(c)(8) Capitol Bancorp, Ltd. Lansing, Michigan CNB Mortgage Corporation Lansing, Michigan 4(c)(8) Citizens Banking Corporation Flint, Michigan Citizens Commercial Leasing Corporation Flint, Michigan NP - ** FR - ** 4(c)(8) First Independence Corporation Detroit, Michigan First Independence Leasing Corporation Detroit, Michigan NP - ** FR - ** NP - ** FR - ** Federal Reserve Bank of Chicago Section IV - Applications Mot Subject to Federal Register Notice Or Newspaper Notice Type Application ROS Shaw Investment Company New Hampton, Iowa to redeem 28 shares (50%) of its Common Stock NP 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 None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to _______Newspaper Notice Only_______ Comment Period Ending Date Application Farmers State Bank Viborg, SD To establish a de novo branch in Beresford, South Dakota* Not yet available Section II - Applications Subject to Both Newspaper and Federal Register Notice Application J Bar M Shonsey, Inc. To acquire control of 12.35% of Hebron Banshares, Inc., Omaha, NE. Comment Period Ending Date 2-15-89 (Newspaper) FNB Bancshares, Inc. Iron Mountain, MI To acquire First National Bank Iron Mountain, MI* Not yet available Chisholm Bancshares, Inc. Chisholm, MN To acquire First National Bank Chisholm, MN* Not yet available First Southeastern Banc Group, Inc. Harmony, MN To acquire Fillmore County Bancshares, Inc. Canton, MN* Not yet available Cameron Investment Company Sheboygan, WI To acquire Community Bank of Sheboygan Sheboygan, WI* Not yet available Dorothy Cornwall, James A. Wick, Kevin J. Wick, Mark D. Wick, Mary K. Wick, Patrick A. Wick and Paul D. Wick To acquire control of 82% of Turtle Bancshares, Inc., Turtle Lake, WI Not yet available ^Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Olivia Bancorporation, Inc. Olivia, MN To continue to engage in insurance agency activities in a place with a population not exceeding 5,000. Not yet available Adrian Building Corporation Adrian, MN To continue to engage in leasing personal property in affiliated corporation. 2-22-89 Hansen Minnesota, Inc. Freeborn, MN To engage in operating a general insurance agency in a place with a population not exceeding 5,000 through the acquisition of the assets of Freeborn Agency, Inc., Freeborn, MN 2-19-89 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Turtle Bancshares, Inc. Turtle Lake, WI To redeem 53% of its voting shares. Federal Reserve Bank of Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DAT E None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE M o u n t a i n W e s t B a n k i n g C o rporation, Denver, C o l o r a d o , for prior a p p r o v a l to b e c o m e a m u l t i b a n k h o l d i n g c o m p a n y t h r o u g h the a c q u i s i t i o n of 100 p e r cent of the v o t i n g s h a r e s of I n t e rnational Bancorp, D e n v e r , Colorado, par e n t of I n t e r n a t i o n a l Bank, Denver, C olorado; I n t e r n a t i o n a l B a nkE n g l e w o o d , E n g l e w o o d , Colorado; I n t e r n a t i o n a l B a n k - N o r t h , Federal Heights, C o l o r a d o ; and I n t e r n a t i o n a l B a n k - W h e a t Ridge, Wheat Ridge, Colorado.* No t A v a i l a b l e P h i l i p L. P a n k o n i n , Louisville, N e b r a s k a , for a p p r o v a l to retain his p r o p o r t i o n a t e o w n e r s h i p inter e s t of L o u i s v i l l e Company, L o u i s v i l l e , N e b r a s k a , of 28.67 percent. Not A v a i l a b l e V i v i a n E r i k s e n , Del Norte, Color a d o , for p r i o r approval to a c q u i r e 80 p e r c e n t o w n e r s h i p inter e s t of R i o G r a n d e C o u n t y Bank, Del Norte, C o l o r a d o . Not A v a i l a b l e C i t i z e n s D i m e n s i o n Bancorp, Inc., M u s k o g e e , O k l a h o m a , for p r ior a p p r o v a l to a c q u i r e 9.68 p e rcent of the v o t i n g s h a r e s of Charter B a n c s h a r e s , Inc., O k l a h o m a City, Oklah o m a , p a r e n t of Charter N a t i o n a l Bank, O k l a h o m a City, Oklahoma.* February 24, 1989 Federal Reserve Bank of Kansas City R i c h a r d F. N o g l e and B e v e r l y J. Nogle, C h a n u t e , K a nsas, for p r i o r a p p r o v a l to j o i n t l y a c q u i r e 100 p e r c e n t o w n e r s h i p i n t e r e s t of Fall R i v e r B a n k s h a r e s , Inc., Fall River, Kansas. February 16, 1989 First Kansas Holding Company, J u n c t i o n City, K a n s a s , for p r i o r a p p r o v a l to b e c o m e a bank h o l d i n g c o m p a n y t h r o u g h t he a c q u i s i t i o n of 100 p e r c e n t of t he v o t i n g s h a r e s of V a l l e y H o l d i n g s , Inc., J u n c t i o n City, K a n s a s , p a r e n t of F i r s t S t ate Bank, J u n c t i o n City, K a n s a s . * February 17, 1989 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION C O M M E N T P E R I O D E N D I N G D ATE Louisville Company, Louisville, N e b r a s k a , for a p p r o v a l to r e t a i n 100 p e r c e n t of the v o t i n g s h a r e s of Home S t a t e I n s u r a n c e A g e ncy, Inc., L o u i s v i l l e , N e b r a s k a , an d t h e r e b y i n d i r e c t l y e n g a g e in i n s u r a n c e a g e n c y a c t i v i t i e s in a t o w n of less th a n 5,000 p e r s o n s . Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. ♦Application 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 JANUARY 30, 1989 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 Elwood Freeman, Lamesa, TX to acquire an interest in Lamesa National Corporation, Lamesa, TX 2/7/89 Change in Control Notice by Douglas Macdonald, Laredo, TX to acquire an interest in Southshares, Inc., Laredo, TX 2/15/89 Change in Control Notice by Emmett D. Paul, Jr., Pittsburg, TX to acquire an interest in Bank of Van Zandt, Canton, 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. * ** N/A SUBJECT TO CRA. EXPIRATION DATE - NOT AVAILABLE IS AT THE DATE THIS SPECIFIED TIME. IN THE NEWSPAPER NOTICE ONLY. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS APPROVED DURING THE WEEK OF JANUARY 30, 1989 APPLICATION DATE FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 2/03/89 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Liberty Bank, South San Francisco, California, to acquire Boulder Creek Branch of Pacific Western Bank, San Jose, California, through merger. * Newspaper: Not available Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice W.T.B. Financial Corporation, Spokane, Washington, to acquire Norban Financial Group, Inc., Coeur d'Alene, Idaho. * Newspaper: 3/01/89 Fed. Reg.: 3/01/89 Phillip Rocco, Santa Ana, California, to increase his ownership from 12.18 percent to 24.36 percent of California City Bancorp, Orange, California. Newspaper: Not available Fed. Reg.: 2/24/89 Section III - Applications Subject 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 U.S. Bancorp, Portland, Oregon, to engage directly in investing in community welfare projects. Fed. Reg.: Not available Banque Nationale de Paris, Paris, France, to engage in providing investment or financial advice through Banexi Corporation, Menlo Park, California. Fed. Rea.: 2/24/89 The Sumitomo Bank, Limited, Osaka, Japan, to engage in unlisted interest rate/currency swap activities. Fed. Rea.: Not available Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None * Subject to CRA.
@FedFRASER