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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1983 No. 6) Actions of the Board; Applications and Reports Received During the Week Ending February 5, 1983 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Statement by Chairman Paul A. Volcker before the House Banking Committee t o discuss some recent i n t e r n a t i o n a l economic and f i n a n c i a l problems and measures t o deal w i t h them. Proposals regarding bankers' acceptances i n connection w i t h the recently enacted Bank Export Services A c t ; the Board asked f o r comment on i t s proposals by March 18, 1983. (Docket No. R-0453) Regulation D, I n e l i g i b l e Bankers' Acceptances; proposed rulemaking; comments must be received by March 18, 1983. (Docket No. R-0451) Temporary suspension of the Regulation Q penalty normally imposed upon the e a r l y withdrawal of time deposit funds f o r depositors i n the Missouri counties and c i t i e s a f f e c t e d by severe storms, tornadoes, and f l o o d i n g ; e f f e c t i v e December 10, 1982. (Docket No. R-0454) Kansas C i t y AmBank Financial Corporation, Denver, Colorado, extension of time t o May 17, 1983, w i t h i n which t o consummate the a c q u i s i t i o n of Orchard Valley Bank, Englewood, Colorado, and Viejo Bank, L i t t l e t o n , Colorado. Xj Chicago COLUMBUS CORPORATION, Columbus, Indiana, extension of time t o A p r i l 12, 1983, w i t h i n which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of the voting shares o f the successsor by merger t o Columbus Bank and Trust Company, Columbus, Indiana. 1/ T7 ~~ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 2 ACTIONS OF THE BOARD - Continued Chicago Continental I l l i n o i s Corporation, Chicago, I l l i n o i s , extension of time t o make an a d d i t i o n a l investment i n Continental I l l i n o i s Overseas Finance Corporation N.V., Curacao, Netherlands A n t i l l e s . ] / Chicago CS BANCORP, Huntington, Indiana, extension of time t o May I B , 1983, w i t h i n which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of the v o t i n g shares of the successor by merger t o Community State Bank i n Huntington, Huntington, Indiana. J J Chicago Du Page Bancshares, I n c . , Glen E l l y n , I l l i n o i s , extension of time t o June 28, 1983, w i t h i n which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of the v o t i n g shares of the successor by merger t o Du Page Bank & Trust Company, Glen E l l y n , I l l i n o i s . 1/ Cleveland F i r s t I n t e r c i t y Banc Corporation, Cleveland, Ohio, extension of time t o A p r i l 30, 1983, w i t h i n which t o acquire F i r s t Bank National Association, Cleveland, Ohio. ]_/ St. Louis F i r s t Missouri Banks, I n c . , Manchester, Missouri, a d d i t i o n a l extension of time u n t i l May 8, 1983, w i t h i n which t o acquire and open F i r s t Missouri Bank, N.A., St. Louis County, Missouri, a proposed new bank. ]_/ Philadelphia Hanover Bancorp, I n c . , Hanover, Pennsylvania, extension of time of 90 days from February 5, 1983, w i t h i n which t o consummate the formation of t h e bank holding company by acquiring 100 percent of the v o t i n g shares of Bank of Hanover and Trust Company, Hanover, Pennsylvania. V San Franci sco Northern Sierra Financial Corporation, Yreka, C a l i f o r n i a , extension of time t o May 1, 1983, w i t h i n which t o become a bank holding company through a c q u i s i t i o n of Scott Valley Bank, Yreka, C a l i f o r n i a , j y TJ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 3 ACTIONS OF THE BOARD - Continued Chicago Sherman Banc Shares, I n c . , Sherman, I l l i n o i s , extension of time t o May 1, 1983, w i t h i n which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of the voting shares of the successor by merger t o Sherman Community Bank, Sherman, I l l i n o i s . ]_/ Chicago South Sangamon Banc Shares, I n c . , Divernon, I l l i n o i s , extension of time t o May 10, 1983, w i t h i n which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of the voting shares of the successor by merger t o Community Bank of Divernon, Divernon, Illinois. Chicago Stonington Banc Shares, I n c . , Stonington, I l l i n o i s , extension of time t o May 7, 1983, w i t h i n which t o become a bank holding company through the a c q u i s i t i o n of 100 percent of the v o t i n g shares of the successor by merger t o Stonington Community Bank, Stonington, Illinois. J/ Dallas United Bancorp, I n c . , V i c t o r i a , Texas, extension of time u n t i l May 1, 1983, w i t h i n which t o consummate the a c q u i s i t i o n of Unitedbank-Victoria, V i c t o r i a , Texas. ]_/ San Francisco Wells Fargo & Company, San Francisco, C a l i f o r n i a , extension of time t o February 21, 1984, w i t h i n which t o make a d d i t i o n a l investments i n Wells Fargo Financing Corporation and Wells Fargo I n t e r n a t i o n a l Financing Corporation, N.V., Netherlands A n t i l l e s Corporation. V Dallas Wilson Bancshares, I n c . . W i l s o n , Texas, extension of time t o March 16, 1983, w i t h i n which t o consummate the a c q u i s i t i o n of Wilson State Bank, Wilson, Texas. ]_/ Chicago C i ti z e n s Commercial & Savings Bank, F l i n t , Michigan, t o invest i n bank premises. J_/ New York Morgan Guaranty I n t e r n a t i o n a l Finance Corporation, New York, New York, a one-year extension of time t o invest i n the c a p i t a l stock of Banco Morgan Finansa, Santiago, Chile. J / Chicago State Bank of Freeport, Freeport, I l l i n o i s , t o invest i n bank premises. 1/ T7 A p p l i c a t i o n processed on behalf of the Board of Governos under delegated a u t h o r i t y . H.2, 1983 No. 6 - 4 ACTIONS OF THE BOARD - Continued Atlanta American Bank, Bowman, Georgia, proposed merger w i t h American In te ri m Bank, Bowman, Georgia; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . JJ Atlanta Bank of Oak Ridge, Oak Ridge, Tennessee, proposed merger w i t h In te ri m Bank of Oak Ridge, Oak Ridge, Tennessee; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . \ J Atlanta Barnett Bank of Nassau County, Fernandina Beach, F l o r i d a , proposed merger w i t h Barnett Bank of Fernandina Beach, Fernandina Beach, F l o r i d a ; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/ Atlanta Citizens Bank of Hahira, Hahi r a , Georgia, proposed merger w i t h ECB, I n c . , Hahira, Georgia; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . \J Atlanta Citizens Bank & Trust Company, Plaquemine, Louisiana, proposed merger w i t h Citizens Bank o f I b e r v i l l e Parish, Plaquemine, Louisiana; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Chicago Colonial Bank of Rockford, Rockford, I l l i n o i s , a p p l i c a t i o n f o r p r i o r approval t o merge w i t h Colonial Interim Bank of Rockford, Rockford, I l l i n o i s , under the charter and t i t l e of Colonial Bank of Rockford; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/ Atlanta Del eon Springs Bank, Del eon Springs, F l o r i d a , proposed merger w i t h Vista Bank, Del eon Springs, F l o r i d a ; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Atlanta F i r s t Bank of Man*anna, Marianna, F l o r i d a , proposed merger w i t h Interim Bank of Marianna, Marianna, F l o r i d a ; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ jy ~~ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 5 ACTIONS OF THE BOARD - Continued Philadelphia F i r s t Jersey National Bank/South, Medford Lakes, New Jersey, proposal t o merge w i t h the New F i r s t Jersey National Bank/South, Manahawkin, New Jersey, w i t h the t i t l e of the former and under the charter of the l a t t e r ; report t o t h e Comptroller of the Currency on competitive f a c t o r s , j / Atlanta F i r s t National Bank of Dickson, Dickson, Tennessee, proposed merger w i t h F i r s t National Dickson Interim Bank, Dickson, Tennessee; report t o the Comptroller of the Currency on competitive f a c t o r s . J / S t . Louis F i r s t National Bank of Eastern Arkansas, Forrest C i t y , Arkansas, proposed merger w i t h Rice Growers Bank, Wheatley, Arkansas; report t o t h e Comptroller of the Currency on competitive f a c t o r s . J / S t . Louis F i r s t State Bank of G r e e n v i l l e , G r e e n v i l l e , Kentucky, proposed merger w i t h New F i r s t State Bank of Greenv i l l e , Kentucky; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Chicago F i r s t National Bank of Monroe, Monroe, Michigan, a p p l i c a t i o n f o r p r i o r approval t o merge w i t h The Bank of Monroe, Monroe, Michigan, under the charter and t i t l e of Security Bank of Monroe; report t o the Comptroller of the Currency on competitive factors, y Atlanta Florida National Bank of Belle Glade, Belle Glade, F l o r i d a , proposed merger w i t h nine o f f i c e s of Florida National Bank of Palm Beach County, West Palm Beach, F l o r i d a ; report t o the Comptroller of the Currency on competitive f a c t o r s . J_/ Atlanta Merchants & Planters Bank, Montevallo, Alabama, proposed merger w i t h M & P Bank, Montevallo, Alabama; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1 / Atlanta North Port Bank, North Port, F l o r i d a , proposed merger w i t h New North Port Bank, North P o r t , F l o r i d a ; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/ T7 A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 6 ACTIONS OF THE BOARD - Continued Atlanta Peoples Bank and Trust Company of Pointe Coupee Parish, New Roads, Louisiana, proposed merger w i t h Pointe Coupee Parish Bank, New Roads, Louisiana; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . _!/ Philadelphia Snyder County Trust Company, Selinsgrove, Pennsylvania, proposed merger w i t h Selinsgrove I n t e r i m Bank, Selinsgrove, Pennsylvania, under the charter of the l a t t e r and w i t h the t i t l e of t h e former; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1J Atlanta South Mississippi Bank, P r e n t i s s , M i s s i s s i p p i , proposed merger w i t h I n t e r i n South Mississippi Bank, P r e n t i s s , M i s s i s s i p p i ; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Atlanta S t . James Bank & Trust Company, Lutcher, Louisiana, proposed merger w i t h SJB Bank, Lutcher, Louisiana; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Chicago Terre Haute Second National Bank, Terre Haute, Indiana, a p p l i c a t i o n f o r p r i o r approval t o merge w i t h Terre Haute F i r s t National Bank, Terre Haute, Indiana, under the c h a r t e r of Terre Haute Second National Bank and t i t l e of Terre Haute F i r s t National Bank; report t r a n s m i t t e d t o the Comptroller of the Currency on competitive f a c t o r s . 1/ New York Union Center National I n t e r i m Bank, Union, New Jersey, proposal t o merge w i t h The Union Center National Bank, Union, New Jersey; report t o the Comptroller of the Currency on competitive f a c t o r s . V New York Valley Bank, National A s s o c i a t i o n , Passaic, New Jersey, proposal t o merge w i t h Valley National Bank, Passaic, New Jersey; report t o the Comptroller of the Currency on competitive f a c t o r s . 1/ ]/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 7 ACTIONS OF THE BOARD - Continued To Become a Member of the Federal Reserve System Pursuant t o Section 9 of the Federal Reserve Act San Francisco Approved F i r s t American Bank, Rosemead, C a l i f o r n i a . ]_/ * * * * * To Establish a Domestic Branch Pursuant t o Section 9 of the Federal Reserve Act Approved United Jersey Bank, Hackensack, New Jersey. To share an o f f s i t e e l e c t r o n i c f a c i l i t y at Commerce Center O f f i c e of United Jersey Bank/Southwest, Haddonfield Road & Chapel Avenue, Cherry H i l l , New Jersey. 1/ New York United Jersey Bank, Hackensack, New Jersey. To share an o f f s i t e e l e c t r o n i c f a c i l i t y at Plainsboro O f f i c e of F i r s t National Bank of Princeton, 656 Plainsboro Rd., Plainsboro, New Jersey. J_/ New York * * * * * Issued Intent Not t o Disapprove Change of Control Pursuant t o Change i n Bank Control Act of 1978 Not Disapproved Mechanicsville Bancshares, I n c . , Mechanicsville, Iowa. J / Chicago Kansas T7 City Valley Bancorp., I n c . , Hopkins, Missouri. ]_/ A p p l i c c t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, l 9 8 3 N o . 6 -8 ACTIONS OF THE BOARD - Continued Applications and N o t i f i c a t i o n s f o r I n t e r n a t i o n a l Investments and Other Actions Pursuant t o Sections 25 and 25(a) of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended Approved Shanghai Commercial Bank L t d , Hong Kong: approved a p p l i c a t i o n on behalf of i t s branch i n New York, New York, t o enter i n t o an agreement with the Federal Reserve System t o receive only such deposits as would be permissible under Section 5(a) of the I n t e r n a t i o n a l Bank Act. (1/31/83) 1/ San Francisco Sixty-Day N o t i f i c a t i o n Period Allowed t o Expire Citibank Overseas Investment Corporation, Wilmington, Delaware: no o b j e c t i o n t o make an a d d i t i o n a l investment i n i t s wholly-owned s u b s i d i a r y , C i t i c o r p Location (France) S . A . , P a r i s , France. New York New York Citibank Overseas Investment Corporation, Wilmington, Delaware: no o b j e c t i o n t o make, d i r e c t l y or i n d i r e c t l y , an a d d i t i o n a l investment i n Diners Club I n t e r n a t i o n a l (Hong Kong) L t d . , Hong Kong. San Francisco Security P a c i f i c Overseas Corp., Los Angeles, C a l i f o r n i a no o b j e c t i o n t o make an a d d i t i o n a l i n d i r e c t investment i n the Bank of Canton L i m i t e d , Macau. * * * * * To Form a Bank Holding Company Pursuant t o Section 3(a)(1) of the Bank Holding Company Act of 1956 Philadelphia Cleveland Tj Approved ACNB Corporation, Gettysburg, Pennsylvania, f o r approval t o acquire 100 percent of the voting shares of Adams County National Bank, Gettysburg, Pennsylvania. ] / F i r s t Bancshares, I n c . , Bellevue, Ohio, f o r approval t o acquire 100 percent of the voting shares of The F i r s t National Bank of Bellevue, Bellevue, Ohio. 1/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 9 ACTIONS OF THE BOARD - Continued Richmond The Planters Corporation, Rocky Mount, North Carolina, f o r approval t o acquire 100 percent of the voting shares of successor by merger t o The Planters National Bank and Trust Company, Rocky Mount, North Carolina. 1/ Richmond RHNB Corporation, Rock H i l l , South Carolina, f o r approval t o acquire up t o 99.08 percent of the v o t i n g shares of Rock H i l l National Bank, Rock H i l l , South Carolina. ]_/ Atlanta F i r s t Acadian Bancshares, I n c . , Thibodaux, Louisiana, f o r approval t o acquire 92.5 percent of the voting shares of Acadian Bank, Thibodaux, Louisiana. V Atlanta Straz Investment Co., I n c . , St. Petersburg Beach, F l o r i d a , f o r approval t o acquire at least 93.24 percent of the voting shares of F i r s t Bank and Trust Company, B e l l e a i r B l u f f s , F l o r i d a . ]_/ Chicago F.A.B. Bancorp, I n c . , Aurora, I l l i n o i s , f o r approval t o acquire 100 percent (less d i r e c t o r s ' q u a l i f y i n g shares) of the v o t i n g shares-of the successor by merger t o F i r s t American Bank of Aurora, Aurora, I l l i n o i s . ]_/ Chicago Port Bancshares, I n c . , Port Washington, Wisconsin, f o r approval t o acquire at least 80 percent of the v o t i n g shares of The Port Washington State Bank, Port Washington, Wisconsin. V Chicago Starr Ban Company, Lamoni, Iowa, f o r approval t o merge w i t h Lamoni Bancshares, I n c . , Lamoni, Iowa, and thereby i n d i r e c t l y acquire 100 percent of the voting shares of the successor by merger t o State Bank of Lamoni, Lamoni, Iowa. 1/ St. Louis Cass Commercial Corporation, St. Louis, Missouri, f o r approval t o acquire 100 percent of the voting shares of the successor by merger t o Cass Bank and Trust Company, St. Louis, Missouri. 1/ St. Louis GAB Bancorp, Jasper, Indiana, f o r approval t o acquire 100 percent of the voting shares of the successor by merger t o The German American Bank, Jasper, Indiana. 1/ V ~~ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 -10ACTIONS OF THE BOARD - Continued St. Louis Lookingglass Banc Corp., A l t e r s , I l l i n o i s , f o r approval t o acquire 100 percent of the voting shares of the successor by merger t o Peoples Bank of Albers, A l b e r s , I l l i n o i s . J_/ Minneapolis Mahnomen Bancshares, I n c . , Mahnomen, Minnesota, f o r approval t o acquire 100 percent of the voting shares of F i r s t National Bank i n Mahnomen, Mahnomen, Minnesota. Yf Minneapolis Ranchers Investment Corporation, Winner, South Dakota, f o r approval t o acquire at least 90 percent of the voting shares of Ranchers National Bank of Winner, Winner, South Dakota. V Minneapolis Starbuck Bancshares, I n c . , Starbuck, Minnesota, f o r approval t o acquire at least 82.5 percent of the v o t i n g shares of The F i r s t National Bank of Starbuck, Starbuck, Minnesota. ]_/ Kansas C i t y Bassett Investment Co., Bassett, Nebraska, f o r approval t o acquire at least 83.8 percent of the v o t i n g shares of Commercial Bank, Bassett, Nebraska. ]_/ Kansas City Downing Investment Co., I n c . , E l l i s , Kansas, f o r approval t o acquire 24.9 percent of the voting shares of E l l i s State Bank, E l l i s , Kansas and 81.5 percent of the voting shares o f Americus State Bank, Americus, Kansas. ]_/ Kansas City F i r s t National Utica Company, U t i c a , Nebraska, f o r approval t o acquire 100 percent (less 50 d i r e c t o r s ' q u a l i f y i n g shares) of the v o t i n g shares of The F i r s t National Bank of U t i c a , U t i c a , Nebraska. J J Kansas City H & L Investments, I n c . , Manhattan, Kansas, f o r approval t o acquire at least 80 percent of the voting shares of F i r s t Manhattan Bankshares, I n c . , Manhattan, Kansas and i n d i r e c t l y F i r s t National Bank of Manhattan, Manhattan, Kansas. ] / Kansas City McKinstry, I n c . , Julesburg, Colorado, f o r approval t o acquire 91.33 percent of the voting shares of The F i r s t National Bank o f Julesburg, Julesburg, Colorado. 1/ ]_/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . I H.2, 1983 No. 6 - 11 - ACTIONS OF THE BOARD - Continued Dallas Giddings Texas, voting Texas. Citizens State Bancshares, I n c . , Giddings, f o r approval t o acquire 100 percent of the shares of The C i ti zens State Bank, Giddings, ]_/ Dallas Ouachita National Bancshares, I n c . , Monroe, Louisiana, f o r approval t o acquire TOO percent of the voting shares of Ouachita National Bank i n Monroe, Monroe, Louisiana. 1/ Dallas Security Shares, I n c . , Abilene, Texas, f o r approval t o acquire at least 80 percent of the voting shares of Security State Bank, Abilene, Texas. V San Francisco Trans Bankcorp, I n c . , San Francisco, C a l i f o r n i a , f o r approval t o acquire at l e a s t 97.5 percent of the voting shares of Trans American National Bank, Monterey Park, C a l i f o r n i a . 1/ * * * * * To Expand a Bank Holding Company Pursuant t o 3(a)(3) of the Bank Holding Company Act of 1956 Chicago Section Approved Alpine Bancorporation, I n c . , Belvidere, I l l i n o i s , f o r approval t o acquire at l e a s t 80 percent of the v o t i n g shares of The Bank of Cherry Valley, Cherry V a l l e y , I l l i n o i s . 1/ Chicago PRAIRIELAND BANCORP., INC., Bushnell, I l l i n o i s , f o r approval t o a c q u i r e - a t ' l e a s t 80 percent of the v o t i n g shares of Rosevilie State Bank, Rosev i l l e , I l l i n o i s . 1/ Minneapolis Hopkins Financial Corporation, M i t c h e l l , South Dakota, f o r approval t o acquire 97 percent of the v o t i n g shares of Leola State Bank, Leola, South Dakota. J / Dallas BancTEXAS Group I n c . , D a l l a s , Texas, f o r approval t o acquire 100 percent of the voting shares of East Texas Bancshares, I n c . , T y l e r , Texas and i n d i r e c t l y Heritage National Bank, T y l e r , Texas and Peoples National Bank of Sulphur Springs, Sulphur Springs, Texas. 1 / 1/ ~~ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 - 12 - ACTIONS OF THE BOARD - Continued Dallas BancTEXAS Group I n c . , D a l l a s , Texas, f o r approval t o acquire 100 percent of the voting shares of Great Southern Bancshares, I n c . , Houston, Texas and i n d i r e c t l y Great Southern Bank, Houston, Texas. !_/ Dallas Broadway Bancshares, I n c . , San Antonio, Texas, f o r approval t o acquire 100 percent of the voting shares of Broadway A i r Force National Bank, Randolph A i r Force Base, Texas, a proposed new bank. 1/ Dallas Texas Commerce Bancshares, I n c . , Houston, Texas, f o r approval t o acquire 100 percent of the voting shares of Lockwood National Bank of Houston, Houston, Texas. * * * * * To Expand a Bank Holding Company Pursuant t o Section 3 ( a ) ( 5 ) of the Bank Holding Company Act of 1956 Dallas Dallas Approved Houston Bancshares, I n c . , D a l l a s , Texas, f o r approval t o acquire 100 percent of the v o t i n g shares of East Texas Bancshares, I n c . , T y l e r , Texas, and i n d i r e c t l y Heritage National Bank, T y l e r , Texas and Peoples National Bank of Sulphur Springs, Sulphur Springs, Texas. ]_/ Houston Bancshares, I n c . , D a l l a s , Texas, f o r approval t o acquire 100 percent of the voting shares of Great Southern Bancshares, I n c . , Houston, Texas and i n d i r e c t l y Great Southern Bank, Houston, Texas. 1/ * T7 * * * * A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 N0. 6 -13ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant t o Section 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 Minneapolis Approved Ranchers Investment Corporation, Winner, South Dakota, f o r approval t o acquire the net assets of Ranchers National Agency, Winner, South Dakota, a general insurance agency operating i n a community w i t h a population not exceeding 5,000. V Minneapolis Starbuck Bancshares, I n c . , Starbuck, Minnesota, f o r approval t o acquire Olson Insurance Agency of Starbuck, Starbuck, Minnesota, a general insurance agency operating i n a community with a population not exceeding 5,000. Yf Kansas City McKinstry, I n c . , Julesburg, Colorado, f o r approval t o acquire a l l of the assets of McKinstry-Campbel1 Insurance Agency, Julesburg, Colorado. 1/ New York J/ ~ 3I ~~ Permitted The Chase Manhattan Corporation, New York, New York, requests permission t o e s t a b l i s h a de novo o f f i c e t o engage i n the f o l l o w i n g a c t i v i t i e s (making or acquiring f o r i t s own account or f o r the account of o t h e r s , loans and other extensions of c r e d i t secured by real estate i n c l u d i n g , but not l i m i t e d t o , f i r s t and second mortgage loans secured by mortgages on one-to-four family residential properties, s e r v i c i n g loans and other extensions of c r e d i t f o r any person, t o s e l l mortgage loans i n the secondary market, and t o o f f e r mortgage term l i f e insurance, accident and health insurance and d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o such lending and s e r v i c i n g a c t i v i t i e s ) at an o f f i c e located i n the area of I n t e r s t a t e 1-287 and New Jersey Route 24 (Madison Avenue), Morristown, New Jersey, through i t s s u b s i d i a r y , Chase Home Mortgage Corporation (1/30/83) 3/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated a u t h o r i t y . 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . I H.2, 1983 No. 6 - 14 ACTIONS OF THE BOARD - Continued Philadelphia FB&T Corporation, Hanover, Pennsylvania, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making and acquiring loans and other extensions of c r e d i t secured by real estate mortgages and deeds of t r u s t and a c t i n g as agent f o r the sale of c r e d i t l i f e and accident and d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o i t s extensions of c r e d i t ) at Center Square, Hanover, Pennsylvania, serving Pennsylvania, through i t s subs i d i a r y , FB&T Mortgage Company (2/1/83) 3/ Cleveland Pittsburgh National Corporation, P i t t s b u r g h , Pennsylvania, n o t i f i c a t i o n of i n t e n t t o expand the f o l l o w i n g a c t i v i t i e s (making or acquiring and s e r v i c i n g f o r i t s own accounts and or the accounts of o t h e r s , loans and other extensions of c r e d i t ) at 1440 M i l i t a r y West, Benicia, C a l i f o r n i a , serving Contra Costa County, through i t s s u b s i d i a r y , The Kissel 1 Company (2/1/83) Chicago I r w i n Union Corporation, Columbus, Indiana, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( t o engage i n mortgage banking a c t i v i t i e s i n c l u d i n g the d i r e c t extension of r e s i d e n t i a l mortgage loans t o i n d i v i d u a l s and s e r v i c i n g such loans f o r i n v e s t o r s ) i n Houston, Corpus C h r i s t i and San Antonio, a l l i n Texas, the geographic area t o be served w i l l be the State of Texas, through i t s directly-owned s u b s i d i a r y , Inland Mortgage Corporation (1/31/83) 2/ Chicago NBD Bancorp, I n c . , D e t r o i t , Michigan, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making or acquiring f o r i t s own account and f o r the account of o t h e r s , mortgage loans and such other extensions of c r e d i t , as would be made by a mortgage company) at 1156 Niagra Avenue, Saginaw, Michigan, the geographic area t o be served w i l l be the counties of Saginaw, Midland, Bay and Tuscola, Michigan, through i t s wholly-owned s u b s i d i a r y , NBD Mortgage Company (2/5/83) 3/ Chicago NBD Bancorp, I n c . , D e t r o i t , Michigan, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making and acquiring of mortgage loans f o r i t s own account and f o r the account of others and such other extensions of c r e d i t as would be made by 37 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1983 No. 6 -15ACTIONS OF THE BOARD - Continued a mortgage company) at Broadway Street between Court Street and Mosher S t r e e t , Mt. Pleasant, Michigan, the geographic area t o be served w i l l be the counties of I s a b e l l a , G r a t i o t , and Clare, Michigan, through i t s wholly-owned subs i d i a r y , NBD Mortgage Company (2/5/83) 3/ San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making or acquiring f o r i t s own account or f o r the account of o t h e r s , loans and extensions of c r e d i t , i n c l u d i n g making consumer i n s t a l l m e n t personal loans, purchasing consumer i n s t a l l m e n t sales finance c o n t r a c t s , making loans t o small businesses and other extensions of c r e d i t such as would be made by a f a c t o r i n g company or a consumer finance company, and a c t i n g as broker or agent f o r the sale of c r e d i t l i f e and c r e d i t accident and health insurance) i n Exton and King of Prussia, Pennsylvania, serving the State of Pennsylvania, through i t s s u b s i d i a r i e s , Security P a c i f i c Finance Corp. and Security P a c i f i c Consumer Discount Company (1/30/83) _3/ San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( a c t i n g as investment or f i n a n c i a l adviser t o the extent of p r o v i d i n g p o r t f o l i o investment advice w i t h respect t o real property i n t e r e s t s ) at 333 South Hope S t r e e t , Los Angeles, C a l i f o r n i a and 100 Park Avenue, New York, New York, serving the United States, through i t s s u b s i d i a r y , Security P a c i f i c Investment Real Estate, Inc. (1/30/83) 3/ 3/ ~ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . - 16 - H.2, 1983 No. 6 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant t o Section 9 of the Federal Reserve Act New York Central Trust Company, Rochester, New York. To e s t a b l i s h e l e c t r o n i c f a c i l i t i e s at 27 locations i n New York State. 2/ Richmond F i r s t V i r g i n i a BankâShenandoah V a l l e y , Woodstock, V i r g i n i a . To e s t a b l i s h a branch i n the Ward Plaza Shopping Center, 2200 Valley Avenue, Winchester, V i r g i n i a . 2/ Chicago Comerica Bank-Detroit, D e t r o i t , Michigan. To e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y at 16235 E. Warren, D e t r o i t , Michigan. 2/ * * * * * To Merge Pursuant t o Section 18(c) of the Federal Deposit Insurance Act Richmond Bank of V i r g i n i a , Richmond, V i r g i n i a , t o merge w i t h The Bank of Vienna, Vienna, V i r g i n i a . 2/ * * * * * To Form a Bank Holding Company Pursuant t o Section 3(a)(1) of the Bank Holding Company of 1956 Philadelphia Commerce Bancorp, I n c . , Evesham Township ( M a r l t o n ) , New Jersey, f o r approval t o acquire 100 percent of the voting shares of Commerce Bank, N.A., Evesham Township ( M a r l t o n ) , New Jersey. 2/ Philadelphia Penns Woods Bancorp, I n c . , Jersey Shore, Pennsylvania, f o r approval t o acquire 100 percent of the voting shares of the Jersey Shore State Bank, Jersey Shore, Pennsylvania. 2/ Philadelphia Sun Bancorp, I n c . , Selinsgrove, Pennsylvania, f o r approval t o acquire 100 percent of the voting shares of the Snyder County Trust Company, Selinsgrove, Pennsylvania. 2/ ~2j A p p l i c a t i o n subject t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as t o the length of the comment period. H.2, 1983 No. 6 - 17 APPLICATIONS RECEIVED - Continued Philadelphia Upper Dauphin Bancorp, I n c . , M i l l e r s b u r g , Pennsylvania, f o r approval t o acquire 100 percent of the v o t i n g shares of Upper Dauphin National Bank, M i l l e r s b u r g , Pennsylvania. 2] Cleveland F i r s t Guaranty Corporation, M a r t i n , Kentucky, f o r approval t o acquire 100 percent of the voting shares of The F i r s t Guaranty Bank, M a r t i n , Kentucky. 2/ Cleveland TBT Bancshares, I n c . , Mt. S t e r l i n g , Kentucky, f o r approval t o acquire at l e a s t 80 percent of the v o t i n g shares of Traders Bank and Trust Company, Mt. S t e r l i n g , Kentucky. 2/ Atlanta Baton Rouge Bancshares, I n c . , Baton Rouge, Louisiana, f o r approval t o acquire 100 percent of the voting shares of Baton Rouge Bank & Trust Company, Baton Rouge, Louisiana. 2/ Atlanta Citi-Bancshares, I n c . , Leesburg, F l o r i d a , f o r approval t o acquire 100 percent of the v o t i n g shares of C i t i z e n s National Bank of Leesburg, Leesburg, F l o r i d a . 2/ Atlanta Merchant Bancshares, I n c . , Kenner, Louisiana, f o r approval t o acquire at least 80 percent of the v o t i n g shares of Merchant Trust & Savings Bank, Kenner, Louisiana. 2/ Atlanta Tennessee Eastern Bancshares, I n c . , Oak Ridge, Tennessee, f o r approval t o acquire 100 percent of the v o t i n g shares of Bank of Oak Ridge, Oak Ridge, Tennessee. 2/ Kansas C i t y Craco, I n c . , V i n i t a , Oklahoma, f o r approval t o acquire at least 80 percent of the v o t i n g shares of The F i r s t National Bank and Trust Company of V i n i t a , V i n i t a , Oklahoma. 2/ Dallas American Bancshares Holding Corp., Shreveport, Louisiana, f o r approval t o acquire at least 80 percent of the v o t i n g shares of American Bank & Trust Company, Shreveport, Louisiana. 2/ Y/ A p p l i c a t i o n subject t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contacted as t o the length of the comment p e r i o d . H.2, 1983 No. 6 - 18 APPLICATIONS RECEIVED - Continued Dallas F i r s t Anderson Bancshares, I n c . , Anderson, Texas, f o r approval t o acquire at least 80 percent of the voting shares of The F i r s t National Bank of Anderson, Anderson, Texas. 2J Dallas F i r s t Western Bancshares, I n c . , Duncanville, Texas, f o r approval t o acquire at least 80 percent of the voting shares of Western Bank, Duncanville, Texas. 2/ Dallas Mid-South Bancshares, I n c . , Bossier C i t y , Louisiana, f o r approval t o acquire at least 99.2 percent of the voting shares of Bank of the Mid-South Bossier C i t y , Bossier C i t y , Louisiana. 2/ Dallas Security Bancshares, Incorporated, Monroe, Louisiana, f o r approval t o acquire at least 80 percent of the voting shares of Security Bank, Monroe, Louisiana. 2J Dallas Texas East BanCorp, I n c . , J a c k s o n v i l l e , Texas, f o r approval t o acquire at l e a s t 80 percent of the voting shares of The F i r s t National Bank of Jacksonv i l l e , J a c k s o n v i l l e , Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o Section 3(a)(3) of the Bank Holding Company Act of 1956 Atlanta F i r s t Atlanta Corporation, A t l a n t a , Georgia, f o r approval t o acquire 100 percent of the voting shares of The F i r s t National Bank of C a r t e r s v i l l e , C a r t e r s v i l l e , Georgia. 2/ Chicago Midwest Financial Group, I n c . , Peoria, I l l i n o i s , f o r approval t o acquire 67.8 percent or more of the voting shares of Sangamon Bank and T r u s t , S p r i n g f i e l d , I l l i n o i s . 2/ Dallas F i r s t City Financial Corporation, Albuquerque, New Mexico, f o r approval t o acquire 100 percent of the voting shares of Bank of the Southwest, Rio Rancho, New Mexico. 2/ 2/ A p p l i c a t i o n subject t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as t o the length of the comment period. H.2, 1983 No. 6 - 19 APPLICATIONS RECEIVED - Continued Dallas National Bancshares Corporation of Texas, San Antonio, Texas, f o r approval t o acquire 100 percent of the voting shares of F i r s t National Bank of Mission, Mission, Texas. 2] Dallas Panhandle Bancshares, I n c . , Panhandle, Texas, f o r approval t o acquire 81.15 percent of the voting shares of F i r s t State Bank, T u l i a , Texas. 2/ Dallas Southwest Bancshares, I n c . , Houston, Texas, f o r approval t o acquire 100 percent of the voting shares of Westhollow National Bank, Houston, Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o Section 3 ( a ) ( 5 ) of t h e Bank Holding Company Act of 1956 Atlanta Gwinnett Holding Corporation, S n e l l v i l l e , Georgia, f o r approval t o acquire 100 percent of the voting shares of Fulton Bancshares, I n c . , S n e l l v i l l e , Georgia. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o Section 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 New York 2/ ~~ The Chase Manhattan Corporation, New York, New York, requests permission t o e s t a b l i s h a de novo o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s (making or a c q u i r i n g , f o r i t own account or f o r the account of o t h e r s , loans and other extensions of c r e d i t , both secured and unsecured i n c l u d i n g , but not l i m i t e d t o , consumer and business l i n e s of c r e d i t , i n s t a l l ment loans f o r personal, household and business purposes and mortgage loans secured by real p r o p e r t y ; s e r v i c i n g loans and other extensions o f c r e d i t ; and a c t i n g as insurance agent f o r c r e d i t l i f e insurance and c r e d i t accident A p p l i c a t i o n subject t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contacted as t o the length of the comment period. APPLICATIONS RECEIVED - Continued and health Insurance d i r e c t l y r e l a t e d t o such lending and s e r v i c i n g a c t i v i t i e s ) at 1800 West Loop South, Suite 100, Houston, Texas, through i t s s u b s i d i a r y , Chase Manhattan Financial Services, Inc. (2/1/83) C i t i c o r p , New York, New York, requests permission t o e s t a b l i s h two de novo o f f i c e s engaging i n the f o l l o w i n g a c t i v i t i e s (the making or acquiring of loans and other extensions of c r e d i t , secured or unsecured, f o r consumer and other purposes; the sale of c r e d i t - r e l a t e d l i f e and accident and health or decreasing or l e v e l [ i n the case of s i n g l e payment loans] term l i f e insurance by licensed agents or brokers, as r e q u i r e d ; the sale of consumer oriented f i n a n c i a l management courses; the s e r v i c i n g , f o r any person, of loans and other extensions of c r e d i t ; the making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r the account of o t h e r s , of extensions of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l real e s t a t e ; and the sale of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o extensions of mortgage loans) at 9430 J o l l e y v i l l e Road, Bldg. 2, A u s t i n , Texas and at the Landmark B u i l d i n g , 2201 North C o l l i n s , A r l i n g t o n , Texas, through i t s subs i d i a r i e s , C i t i c o r p Homeowners, Inc. and C i t i c o r p Person-to-Person Financial Center, Inc. (Delaware) (2/4/83) Union National Corporation, Mt. Lebanon, Pennsylvania, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (underwriting as r e i n s u r e r c r e d i t l i f e and d i s a b i l i t y insurance which i s d i r e c t l y r e l a t e d t o extensions of c r e d i t by banking s u b s i d i a r i e s of Applicant) at 670 Washington Road, Mt. Lebanon, Pennsylvania, through i t s s u b s i d i a r y , Union National L i f e Insurance (2/2/83) Dominion Bankshares Corporation, Roanoke, V i r g i n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( o r i g i n a t i n g r e s i d e n t i a l , commercial, i n d u s t r i a l , and c o n s t r u c t i o n loans f o r i t s own account and f o r sale t o o t h e r s , s e r v i c i n g such loans f o r others and engaging i n the sale of c r e d i t l i f e insurance, c r e d i t accident and health insurance, c r e d i t d i s a b i l i t y , mortgage redemption and mortgage accident and health insurance i n connection w i t h such mortgage loans; and t o engage de novo through i t s subsidiary Dominion Bankshares Services, I n c . , i n acting as i n s u r - APPLICATIONS RECEIVED - Continued ance agent or broker w i t h respect t o c r e d i t l i f e insurance, c r e d i t accident and health insurance, c r e d i t d i s a b i l i t y , mortgage redemption and mortgage accident and health insurance r e l a t e d t o or a r i s i n g out of c r e d i t transactions i n v o l v i n g Dominion Bankshares Mortgage Corporation) i n Richmond, V i r g i n i a , through i t s s u b s i d i a r y , Dominion Bankshares Mortgage Corporation (1/31/83) American Fletcher Corporation, I n d i a n a p o l i s , Indiana, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making or acquiring loans or other extensions of c r e d i t f o r personal, f a m i l y or household purposes, i n c l u d i n g loans secured by home e q u i t i e s , purchasing customer i n s t a l l m e n t sales finance contracts and a c t i n g as agent w i t h respect t o c r e d i t l i f e and d i s a b i l i t y insurance on borrowing customers and insurance on property taken as c o l l a t e r a l f o r loans and contracts made or purchased) at 407 C l i f t y D r i v e , Madison, Indiana, the geographic area t o be served i s Jefferson County, Indiana, through i t s s u b s i d i a r y , American Fletcher Financial Services, Inc. (1/27/83) F i r s t City Corp., Fort Smith, Arkansas, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (consumer and commercial finance a c t i v i t i e s , i n c l u d i n g the extension of d i r e c t loans t o consumers, the discounting of r e t a i l i n s t a l l m e n t notes or c o n t r a c t s , the extension o f d i r e c t loans t o dealers f o r the f i n a n c i n g of inventory [ f l o o r p l a n n i n g ] and working c a p i t a l purposes and making or a c q u i r i n g loans and other extensions of c r e d i t such as could be made or acquired by a consumer and commercial finance company i n Arkansas and Oklahoma; and a c t i n g as agent f o r sale of l i f e , accident and h e a l t h , and physical damage insurance d i r e c t l y r e l a t e d t o i t s extensions of c r e d i t ) at Phoenix Street and State Line Road, Arkoma, Oklahoma, serving the standard metropolitan s t a t i s t i c a l area made up of 4 c o u n t i e s ; Le Flore and Sequoyah counties i n Oklahoma, and Crawford and Sebastian counties i n Arkansas, t h i s geographical area approximates a 25-mile radius of Arkoma, Oklahoma, through i t s s u b s i d i a r y , F i r s t City Financial Services, Inc. (1/26/83) H.2, IS:,3 No. 6 - 22 APPLICATIONS RECEIVED - Continued St. Louis F i r s t Tennessee National Corporation, Memphis, Tennessee, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account and f o r the account of o t h e r s , loans and other extensions of c r e d i t [ i n c l u d i n g l e t t e r s of c r e d i t and accepting d r a f t s ] , such as would be made, f o r example, by a mortgage, finance, c r e d i t card or f a c t o r i n g company) the a c t i v i t i e s are t o be conducted at A p p l i c a n t ' s main o f f i c e i n Memphis, Tennessee (1/26/83) Kansas City Alpine Bancorp, I n c . , Glenwood Springs, Colorado, f o r approval t o acquire 100 percent of the voting shares of Alpine Mortgage Company, Glenwood Springs, Colorado, and thereby engage i n mortgage banking activities. Kansas City Farmers and Merchants Bancshares, I n c . , Crescent, Oklahoma, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( t o expand the auto and equipment Teasing a c t i v i t i e s t o include Oklahoma and Grady, Counties in Oklahoma) at 116 South Grand, Crescent, Oklahoma (1/31/83) :an Central Banking System, I n c . , Pleasant H i l l , C a l i f o r n i a , n o t i t i c a t ion of i n t e n t t o engage i n de novo a c t i v i t i e s ( i n making or acquiring loans and otHer extensions of c r e d i t such as would be made by a commercial f i n a n c i a l company, i n c l u d i n g commercial loans secured by a borrower's i n v e n t o r y , accounts r e c e i v a b l e , or other assets; o r i g i n a t i n g and s e l l i n g such loans t o o t h e r s ; s e r v i c i n g such loans f o r o t h e r s ; and making leases of personal property i n accordance w i t h the Board's Regulation Y) at 395 Taylor Boulevard, Pleasant H i l l , C a l i f o r n i a and 3711 Long Beach Boulevard, Long Beach, C a l i f o r n i a , serving the Western United States, i n c l u d i n g the states of Alaska and Hawaii, through i t s s u b s i d i a r y , Central Banking System Credit Corporation (1/29/83) ci SCO San Franci sco Independent Bankshares Corporation, San Rafael, C a l i f o r n i a , f o r approval t o acquire 100 percent of the voting shares of Learnex Corporation, La J o l l a , C a l i f o r n i a . San Francisco Orbanco Financial Services Corporation, Portland, Oregon, f o r approval t o engage i n s o l i c i t i n g , underw r i t i n g , deal i n purchase and sale of o b l i g a t i o n s of the United States, various states and p o l i t i c a l subd i v i s i o n s and money market instruments through i t s d i r e c t s u b s i d i a r y , Orbanco S e c u r i t i e s Corporation i n the States of Oregon and Washington. H.2, 1983 N0. 6 -23APPLICATIONS RECEIVED Continued San Francisco P a c i f i c Western Bancshares, San Jose, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( p r o v i d i n g bookkeeping o r H a t a processing s e r v i c e s , p r o v i d i n g and maintaining data and f a c i l i t i e s f o r t h e i n t e r n a l operations of the holding company and i t s s u b s i d i a r i e s ; s t o r i n g and processing other banking, f i n a n c i a l , or rel a t e d economic data, such as p a y r o l l , accounts receivable/payable, t r u s t and f i d u c i a r y accounting, and b i l l i n g services t o the holding company, i t s s u b s i d i a r i e s and correspondents and customers of those s u b s i d i a r i e s , n o n - a f f i l i a t e d banks, t h r i f t s and others on an i n d i r e c t and d i r e c t contract b a s i s ; providing other data processing and t r a n s mission s e r v i c e s , f a c i l i t i e s , data bases or access t o such s e r v i c e s , f a c i l i t i e s or data bases by any t e c h n o l o g i c a l l y f e a s i b l e means f o r banking, f i n a n c i a l or economic data; s e l l i n g by-products of permissable data processing a c t i v i t i e s ; providing excess capacity on data processing and transmission f a c i l i t i e s ; providing advice concerning f i n a n c i a l l y r e l a t e d data processing a c t i v i t i e s t o n o n - a f f i l i a t e d bank and non-bank depository i n s t i t u t i o n s ; leasing data processing and data transmission hardware and software and a c t i n g as agent, broker or advisor i n o b t a i n i n g or providing equipment w i t h i n permissable l i m i t s and t o the extent required t o support the previously mentioned a c t i v i t i e s ) at 1245 South Winchester Boulevard, San Jose, Santa Clara County, C a l i f o r n i a , serving c l i e n t s i n C a l i f o r n i a , Arizona, Hawaii, Nevada, New Mexico, Oregon, Utah and Washington, through a s u b s i d i a r y , P a c i f i c Western Information Systems (2/5/83) San Francisco Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (making, a c q u i r i n g , f o r i t s own account or f o r the account of others, or p a r t i c i p a t i n g i n , commercial loans and other extensions of c r e d i t , and leases of personal and real property) at 297 North Marengo Avenue, Pasadena, C a l i f o r n i a , serving the United States, through i t s s u b s i d i a r y , SPC Security Services Corp. (2/3/83) San Francisco Western Commercial, Fresno, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( i n the business of leasing personal p r o p e r t y , s p e c i f i c a l l y , commercial, i n d u s t r i a l and a g r i c u l t u r a l equipment, i n accordance w i t h the Board's Regulation Y) at H.2, 1983 No. 6 - 24 APPLICATIONS RECEIVED - Continued 4995 East Clinton Avenue, Fresno, C a l i f o r n i a and would be performed i n the Fresno-Clovis metropolitan area and the four C a l i f o r n i a counties of Fresno, Madera, Kings and Tulare through i t s s u b s i d i a r y , Western Commercial Leasing Company (2/5/83) * * * * * REPORTS RECEIVED Ownership Statement F i l e d Pursuant t o Section 13(d) of the S e c u r i t i e s Exchange Act Union Trust Company of Wildwood, New Jersey ( F i l e d by Albert S. B a i l i e ) The B r i s t o l Bank B r i s t o l , New Hampshire ( F i l e d by F i r s t BNH A c q u i s i t i o n Bank Manchester, New Hampshire) * * * * * Tender Offer Statement F i l e d Pursuant t o Section 14(d) of the Securities Exchange Act The B r i s t o l Bank B r i s t o l , New Hampshire ( F i l e d by F i r s t BNH A c q u i s i t i o n Bank Manchester, New Hampshire) * * * * * PETITIONS FOR RULEMAKING None.