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ANNODNCafSlT BY
BOARD OF GOVERNORS
OF HIE
EHJERAL RESERVE SYSTEM
H.2, 1988, No. 6
Actions of the Board
Applications and Reports Received
During the Wade aiding February 6, 1988
Actions of the Board, Its Staff, and
The Reserve Banks.

H. 2

No. 6

Statement by Chairman Greenspan before the Senate
Committee on Banking, Housing, and Urban Affairs
addressing questions about the Federal Reserve's
response to the turbulence in financial markets in
October 1987, the functioning of our financial
markets during that period, and proposals for
structural and regulatory reforms, February 2,
1988.
Access by State treasurers to Federal Reserve
payments services in connection with securities
accounts and the Federal Reserve Banks' role as
fiscal agents of the United States.
Boston

First Woburn Bancorp, Inc., Woburn, Massachusetts —
to acquire Woburn Five Cents Savings Bank.

Boston

NewMil Bancorp, Inc., New Milford, Connecticut —
redemption of shares.

New York

Endicott Trust Ccnpany, Endicott, New York — to
establish a branch at 89-91 Court Street,
Binghamton, New York.

New York

United Jersey Bank, Hackensack, New Jersey — to
establish a branch at 290 Milbum Avenue, Milbum,
New Jersey.

New York

United Jersey Bank / Commercial Trust, Jersey City,
New Jersey — to establish a branch at 615
Washington Street, Hoboken, New Jersey.

New York

United Jersey Bank / Commercial Trust, Jersey City,
New Jersey — investment in bank premises.

New York

Cayuga Lake Bank Corporation, Union Springs, New York
— to acquire Cayuga Lake National Bank.

New York

New Jersey Savings Bank, Somerville, New Jersey,
proposed merger with NJSB Interim Savings Bank —




H. 2-6

(cont'd)

report to the Federal Deposit Insurance Corporation
on competitive factors.
New York

Midlantic National Bank / North, West Paterson, New
Jersey, proposed purchase of certain assets and
assumption of liabilities of County Trust Company,
Lyndhurst, New Jersey — report to the Comptroller
of the Currency on competitive factors.

Philadelphia

First Eastern Corporation, Wilkes-Barre, Pennsylvania
— extension to February 1, 1989, for a subsidiary
to dispose of certain holdings.

Philadelphia

Keystone Financial, Inc., Harrisburg, Pennsylvania —
to form a community development corporation through
Keystone Community Development Corporation I and
Keystone Development Corporation II.

Philadelphia

Fidelity Bank, N.A., Malvern, Pennsylvania — to
extend the corporate existence of Fidelity
International Bank, New York, New York.

Philadelphia

Orrstown Financial Services, Inc., Orrstown,
Pennsylvania — to acquire Orrstown Bank.

Philadelphia

Orrstown Interim Bank, Orrstown, Pennsylvania — to
merge with the Orrstown Bank.

Philadelphia

Orrstown Interim Bank — to become a member of the
Federal Reserve System.

Cleveland

PNC Financial Corp., Pittsburgh, Pennsylvania —
extension to May 25, 1988, to acquire First
BanCorp, Inc., Mechanicsburg, Pennsylvania, and The
First Bank and Trust Company of Mechanicsburg.

Richmond

Signet Bank / Virginia, Richmond, Virginia —
extension to August 13, 1988, to establish a branch
at Washington Shopping Center, U.S. Route 17,
Grafton, Virginia.

Atlanta

First Rainsville Bancshares, Inc., Rainsville,
Alabama — extension to May 5, 1988, to be
acquired.

Atlanta

Dominion Bank of Middle Tennessee, Nashville,
Tennessee, proposed merger with First National Bank
of Springfield, Springfield, Tennessee — report to
the Federal Deposit Insurance Corporation on
competitive factors.




H. 2-6

(cont'd)

Atlanta

First Holding Company, Inc., Livingston, Tennessee —
redemption of shares.

Atlanta

Citizens First National Bank, Crescent City, Florida,
proposed merger with CF National Interim Bank —
report to the Comptroller of the Currency on
competitive factors.

Atlanta

Cannunity Bankshares, Inc., Cornelia, Georgia —
extension to April 19, 1988, to engage in insurance
activities through Community Insurance Agency.

Atlanta

AmSouth Bank of Florida, Pensacola, Florida, proposed
merger with First National Bank of Destin, Destin,
Florida — report to the Federal Deposit Insurance
Corporation on competitive factors.

Atlanta

AmSouth Bank of Florida, Pensacola, Florida, proposed
merger with First National Bank, Panama City,
Florida — report to the Federal Deposit Insurance
Corporation on competitive factors.

Atlanta

First Alabama Bank Montgomery, Montgomery County,
Alabama, preposed merger with The Choctaw Bank of
Butler, Butler, Choctaw County, Alabama — report
to the Federal Deposit Insurance Corporation on
competitive factors.

Chicago

Citizens Commercial & Savings Bank, Flint, Michigan
— payment of a dividend.

Chicago

First of America Bank - Central, Lansing, Michigan —
to install an off-premise automated teller machine
at 401 West Greenlawn.

Chicago

NBD Genesee Bank, Flint, Michigan — to establish an
offsite electronic facility at Monticello Shopping
Center, 6012 South Linden Road, Munday Township;
Bishop International Airport, G-3425 W. Bristol
Road, Flint; and Market Place Shopping Center, 700
S. Main Street, Lapeer, Michigan.

Chicago

Old Kent Bank
Michigan —
facility at
3201 Burton

Chicago

First Chicago Bank of Mount Prospect, Mount Prospect,
Illinois, proposed purchase of assets and




and Trust Company, Grand Rapids,
to establish an offsite electronic
Commons Building of Calvin College,
Street, S.E.

H. 2-6

(cont'd)

assumption of deposit liabilities of First Chicago
Bank of Arlington Heights, Arlington Heights,
Illinois — report to the Federal Deposit Insurance
Corporation on competitive factors.
Chicago

Mason State Bank, Mason, Michigan, proposed merger
with Mason Bank — report to the Federal Deposit
Insurance Corporation on competitive factors.

Chicago

The Citizens State Bank, Kiel, Wisconsin — proposed
merger with Newton State Bank, Newton, Wisconsin —
report to the Federal Deposit Insurance Corporation
on competitive factors.

Chicago

Valley East Bank, Green Bay, Wisconsin, proposed
merger with Valley Bank; Valley Bank of Reedsville,
Reedsville; Valley Badger Bank, Denmark; Valley
Bank of Seymour, Seymour; and Valley Bank of Casco,
Casco, — report to the Federal Deposit Insurance
Corporation on competitive factors.

Chicago

Premier Bancorporation, Inc., Jackson, Michigan — to
acquire Premier Bank.

Chicago

The National Bank of Waterloo, Waterloo, Iowa,
proposed purchase of assets and assumption of
liabilities of The First Cannunity Bank and Trust,
Traer, Iowa, and First National Bank of Tama
County, Dysart, Iowa — report to the Comptroller
of the Currency on competitive factors.

Chicago

Jasand, Inc., Cedar Rapids, Iowa — to acquire City
National Bank of Cedar Rapids.

Chicago

Lake City Bancorporation, Lake City, Iowa — to
acquire Lake City State Bank.

Chicago

Lane Financial, Inc., Northbrook, Illinois — to
acquire Lane Data Services, Inc.

Chicago

Citizens Financial Corporation Employee Stock
Ownership Plan and Trust, Port Atkinson, Wisconsin
— extension to May 25, 1988, to acquire an
additional 7 percent of Citizens Financial
Corporation, and Citizens State Bank.

St. Louis

Jackson Exchange Bank and Trust Company, Jackson,
Missouri — investment in bank premises.




H. 2-6

(cont'd)

St. Louis

Mercantile Bank National Association, Clayton,
Missouri, proposed merger with Mercantile Bank of
St. Charles County National Association, St.
Charles, Missouri — report to the Comptroller of
the Currency on competitive factors.

St. Louis

Independent Community Bancorp, Inc., Frankfort,
Kentucky — to acquire Kentucky Independent Bank,
Inc.

St. Louis

Kentucky Independent Bank, Inc., Frankfort, Kentucky
— to become a member of the Federal Reserve
System.

St. Louis

Lindell Trust Company, St. Louis, Missouri — payment
of a dividend.

Minneapolis

Fanners & Merchants Bank and Trust Co., Aberdeen,
South Dakota — to merge with Bank of Cresbard,
Cresbard, South Dakota.

Minneapolis

First National Agency of Baudette, Inc., Baudette,
Minnesota — to acquire Blackduck State Bank,
Blackduck, Minnesota.

Minneapolis

Peoples State Bank, Milan, Minnesota, proposed merger
with Northwestern State Bank, Appleton, Minnesota
— report to the Federal Deposit Insurance
Corporation on competitive factors.

Kansas City

Webb City Bank, Wfebb City, Nebraska — investment in
bank premises.

Kansas City

Telluride Bancorp, Ltd., Telluride, Colorado — to
acquire Bank of Telluride.

Kansas City

Peoples, Inc., Ottawa, Kansas — to acquire Peoples
Savings, Inc.

Kansas City

Central of Kansas, Inc., Junction City, Kansas — to
acquire The Peoples National Bank of Clay Center.

Kansas City

Amner Corporation, Neligh, Nebraska — extension to
February 19, 1988, to acquire First United Bank.

Kansas City

First American Bancorporation, Inc., Stonewall,
Oklahoma — change in bank control.

Dallas

First Bancorp of Louisiana, Inc., Employee Stock
Ownership Plan, West Monroe, Louisiana — to




H. 2-6

(cont'd)

acquire First Bancorp of Louisiana, Inc., and First
National Bank of West Monroe.
San Francisco

APSB Bancorp, North Hollywood, California — change
in bank control.

San Francisco

FSB Bancorp, Show Low, Arizona — to acquire Frontier
State Bank.




FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

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

Landmark/Communlty
Bancorp, Inc., Hartford,
Connecticut - 3(a)(5)
application to merge
with Landmark Financial
Corporation, Hartford,
Connecticut and Community
Bancorp, Inc., Glastonbury,
Connecticut*

Newspaper

Workingmens Corporation,
Boston, Massachusetts 3(a)(1) application to
become a bank holding
company through the
acquisition of Workingmens
Cooperative Bank, Boston,
Massachusetts*

Newspaper

02-22-88

Federal Register

02-25-88

Citizens Financial Group,
Inc., Providence, Rhode
Island - 3(a)(3) application
to acquire at least 24.9X
of the voting shares of
Falrhaven Savings Bank,
Falrhaven, Massachusetts*

Newspaper

03-07-88

Merrimack Bancorp, Inc.,
Lowell, Massachusetts 3(a)(3) application to
acquire Hillsborough Bank
and Trust Co., Milford, New
Hampshire*

Newspaper

02-22-88

Federal Register

02-19-88

‘Subject to CRA.




Federal Register

Federal Realster

02-16-88
.Not Yet Established

Not Yet Established

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS (Cont'd)

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE (Cont'd)
Application

Comment Period Ending Date

B&T Holding Company L.P.,
Newspaper
Ha1nwr1ght Capital Company
L.P., Wa1nwr1ght Capital
Federal Register
Management Company, L.P.,
and Wa1nwr1ght Capital Corp.,
of Boston, Massachusetts
- 3(a)(1) applications to
become a bank holding company
through the acquisition of
Walnwright Bank & Trust Company,
Boston, Massachusetts*

03-07-88
Not Yet Established

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

Bank of Boston Corporation,
Federal Register
Boston, Massachusetts 4(c)(8) application to
engage
novo 1n underwriting
and dealing 1n certain bank
eligible and Ineligible
securities through BancBoston
Securities, Inc.

Not Yet Established

Fleet/Norstar Financial
Group, Inc., Albany, New
York - 4(c)(8) application
to engage in the purchase
and sale of gold and silver
bullion, bars, rounds and
coins solely as agent for
the account of customers

Federal Register

Not Yet Established

Fleet/Norstar Financial
Group, Inc., Providence,
Rhode Island - 4(c)(8)
notification to engage
novo 1n commercial
lending through Fleet
Mezzanine Capital, Inc.

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

SECTION I
Applications Subject to Newspaper
_________ Notice Only_________
(1) Received But Not Yet Accepted
For Processing____________

Garment Period
Ending

None.
Cement Period
Ending Date

(2) Accepted For
Processing
Chemical Bank, New York, New York to establish
a branch at Della Femina, Travisano and
Partners, Inc., 350 Hudson Street, New York,
New York. y

2/8/88

Great Eastern Bank, Flushing, New York to
establish a branch at 16-18 East Broadway,
New York, New York, y
United Jersey Bank, Hackensack, New Jersey to
establish branches at 605 Valley Road and
529 Valley Road, both in Montclair, New Jersey,

2/15/88

y

2/22/88

a S HQN II
Applications Subject to Both
Newspaper and Federal Register Notice
(1) Received ButNot Yet Accepted
For Processing____________

Cement Period
Ending Date

Community National Bancorp, Inc., Staten Island,
New York to become a bank holding company with
respect to Community National Bank and Trust
Company of New York, Staten Island, New York, y

2/10/88 y

Bancorp New Jersey, Inc., Somerville, New Jersey
to become a bank holding company with respect to
New Jersey Savings Bank, Scmerville, New Jersey, y

2/29/88

(2) Accepted For
Processing
Scuthold Bancorp, Inc., Southold, New York
to become a bank holding company with respect
to Southold Savings Bank, Southold, New York, y

y

Comment Period
Ending Date

2/9/88

y

Federal

Reserve




Bank

of

New

York

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
(1) Received But Not Yet Accepted
____For Processing___________

Ccnment Period
Ending Date

Credit Lyonnais, Paris, France to retain Alexanders
Rouse (USA) Ltd., New York, New York and thereby to
continue engaging in certain nohbanking activities.

N/A

Hie Chase Manhattan Corporation, New York, New York
to engage through its subsidiary, Chase Manhattan
Treasury Corp., in (1) providing full service
brokerage services to institutional customers and
(2) underwriting commercial paper.

N/A

Royal Bank of Canada, Montreal, Quebec, Canada to
acquire Dominical Securities Corp., New York, New
York and thereby to engage in certain nonbanking
activities.

N/A

Progressive Bank, Inc., Pawling, New York to acquire
The Stockbridge Group, Inc., Hopewell Junction, New
York and thereby to engage in mortgage banking
activities.

2/ 1 0 /8 8

Chemical New York Corporation, New York, New York
to engage through its subsidiary, Chemical Futures,
Inc., in executing and clearing municipal bond index
futures contracts.

N/A

(2) Accepted For
Prooessincr
None.

Garment Period
Ending Pate

^■^FEDERAL
RESERVE BANKOF
PHILADELPHIA

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Meridian Ban k . Reading, PA to establish an
offsite electronic facility to be located
at Drexel University, the James Creese
Student Center, 3210 Chestnut Street,
Philadelphia, PA

2/27/88

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
First Eastern C o m . Wilkes-Barre, PA to engage,
through its subsidiary, Dolphin Bradbury, Inc.,
Phila., PA, in providing financial advice to
state and local governments, such as with respect
to the issuance of their securities, pursuant to
Section 4(c)(8) of the Bank Holding Company Act.

N/A*

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None

* N/A denotes not available


T ?r If d- u if i - n .e K*a i,


d - t | h i.

p

* 9 0 •. 2

i»•

7 i-iC O *

Cleveland Reserve Bank Applications
For Week Ending February 6, 1988

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE

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

COMMENT PERIOD ENDING

Received Section 3(a)(1) application
from Georgetown Bancorp, Inc.,
Georgetown, Kentucky, to acquire
Georgetown Bank & Trust Company,
Georgetown, Kentucky.

N - March 8, 1988

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Received request from Chippewa Valley
Bank, Rittman, Ohio, for permission to
exceed the limitations on bank premises
imposed by Section 24A of the Federal
Reserve Act.



Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period. Ending Date

Bank of Loudoun, Leesburg, Virginia, for
membership in the Federal Reserve System.
Central Fidelity Bank, Richmond, Virginia,
request for permission to establish a
branch at 9110 West Broad Street, Richmond,
Virginia.

2-20-88

3-1-88

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

Comment Period Ending Date

First Potomac Bancorp, Inc., McLean,
Virginia, for prior approval to become a
bank holding company through the acquisition
of approximately 44% of the shares of Sailors
& Merchants Bank and Trust, Vienna, Virginia.

2-26-88*

United Bankshares, Inc., Charleston, West
Virginia, for prior approval to acquire
Webster County National Bank, Webster Springs,
West Virginia.

2-29-88

United Bankshares, Inc., Charleston, West
Virginia, for prior approval to acquire
Heritage Bancorp, Inc., Glenville, West
Virginia.

2-29-88

United Bankshares, Inc., Charleston, West
Virginia, for prior approval to acquire
Ohio Valley National Bank of Vienna, Vienna,
West Virginia.

2-29-88

UBS Holding Company, Inc., Glenville, West
Virginia, for prior approval to become a
bank holding company through the acquisition
of Kanawha Union Bank, Glenville, West
Virginia, and The Weston National Bank,
Weston, West Virginia.

2-29-88

The above applications are subject to the Community Reinvestment Act.




Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

WM Bancorp, Cumberland, Maryland, to
engage de novo in providing to others
financially related data processing and
data transmission services, facilities,
and data bases; or access to them through
its subsidiary, WM Data Center, Inc.,
Cumberland, Maryland.
The activity would
be conducted nationwide.

2-26-88*

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

^Expiration of comment period specified in the Federal Register.




February 8, 1988
Federal Reserve Bank of Atlanta
Applications Bulletin
Section 1 - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

The Gulf Bank Dunedin
02-22-88 (CRA)
Dunedin, Florida
To establish a branch at 2625 Enterprise Road, Clearwater,
Florida 34621 to be known as Dunedin Countryside Office.
Citizens Bank
02-29-88 (CRA)
Smithville, Tennessee
To merge with Bank of Ardmore, Ardmore, Tennessee.

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

Comment Period Ending Date

International City Bank
02-19-88
Warner Robins, Georgia
Federal Register
CIC by Larry McNeal to acquire an additional 26.31 percent of the
outstanding shares, increasing his total ownership to 29.13
percent.
First Capital Corporation
02-22-88
Jackson, Mississippi
Federal Register
CIC by Trustmark National Bank Profit Sharing Plan and Trustmark
National Bank Trust Department to acquire up to 24.99 percent of
the outstanding shares.
Smoky Mountain Bancorp, Inc.
Gatlinburg, Tennessee
1-BHC formation, The First National Bank of Gatlinburg,
Gatlinburg, Tennessee.




Chicago Reserve Bank Applications
Section I - Applications Subject to Newspaper
Notice Only

Type

Application

Merger

Chemical Bank Bay Area
Bay City, Michigan
Chemical Bank and Trust Company
Midland, Michigan

Comment Period
Ending Date
N/A

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

Type

Application

Y-2

CNB Bancorp, Inc.
Chicago, Illinois
Potomac Bancorp, Inc.
Springfield, Illinois
Goodwine State Bank
Potomac, Illinois

2-15-88*
2-18-88**

Y-2

Continental Illinois Bancorp, Inc.
Chicago, Illinois
Grand Canyon State Bank
Scottsdale, Arizona

2- 12- 88*

Y-2

Continental Illinois Corporation
Chicago, Illinois
Grand Canyon State Bank
Scottsdale, Arizona

2- 12- 88*

CoC

Peshtigo National Bancorporation, Inc.
Peshtigo, Wisconsin
Richard & Mary Omdahl et al

2-18-88*

Y-2

Bank of Montreal
Montreal, Canada
Norris Bancorp, Inc.
Saint Charles, Illinois
The First National Bank of Batavia
Batavia, Illinois
State Bank of St. Charles
Saint Charles, Illinois

2-17-88*
2-18-88**

Bankmont Financial Corp.
New York, New York
Norris Bancorp, Inc.
Saint Charles, Illinois
The First National Bank of Batavia
Batavia, Illinois
State Bank of St. Charles
Saint Charles, Illinois

2-17-88*
2-18-88**




Chicago Reserve Bank Applications

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

Comment Period
Ending Date

Type

Application

Y-2

Harris Bankcorp, Inc.
Chicago, Illinois
Norris Bancorp, Inc.
Saint Charles, Illinois
The First National Bank of Batavia
Batavia, Illinois
State Bank of St. Charles
Saint Charles, Illinois

2-17-88*
2-18-88**

Y-l

Bath State Bancorp
Bath, Indiana
The Bath State Bank
Bath, Indiana

2-27-88*

Y-2

First Wisconsin Corporation
Milwaukee, Wisconsin
Sahara Bancorp, Inc.
New Brighton, Minnesota

2-18-88**

Y-2

CNB Bancorp, Inc.
Chicago, Illinois
Rankin State Bank
Rankin, Illinois

2-18-88**

CoC

Guthrie County Bancshares, Inc.
Guthrie Center, Iowa
Barry Eugene Monaghan
Guthrie Center, Iowa

2- 12- 88* *

Y-2

First Wisconsin Corporation
Milwaukee, Wisconsin
Rose Holding Co.
Roseville, Minnesota

2-25-88**

Y-l

1889 Bankcorp
East Lansing, Michigan
Pioneer Bank
North Branch, Michigan

2-19-88**

CoC

Peshtigo National Bancorporation, Inc.
Peshtigo, Wisconsin
Richard A. Omdahl
Peshtigo, Wisconsin

2-18-88*
2-18-88**




Chicago Reserve Bank Applications

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

Type

Application

Y-l

First United Bancorp, Inc.
Middletown, Indiana
First United Bank
Middletown, Indiana

1-27-88*

Y-2

South Holland Bancorp, Inc.
South Holland, Illinois
First Dolton Corp.
Dolton, Illinois
The First National Bank in Dolton
Dolton, Illinois

2-11-88*

Section III - Applications Subject to Federal Register
Notice Only

Type

Application

4(c)(8)

State Bancshares, Inc.
Schaller, Iowa
To engage in Discount Brokerage Activities

Comment Period
Ending Date
2-19-88**

Section IV - Applications Not Subject to Federal Register
Notice or Newspaper Notice

Type

Application

RoS

Hoosier Bancorp
Rushville, Indiana
To redeem 37,064 shares (50%) of its stock

*Newspaper
**Federal Register
N/A - Not available at this time




Comment Period
Ending Date
N/A

Federal Reserve Bank of St. Louis

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

Change in Control notice involving
Mathes Bancshares, Inc., Ellington,
Missouri, by Elmer H. Austermann, Jr.
*Section 3(a)(3) application by
National City Bancshares, Inc., Evansville,
Indiana, to acquire The Peoples National
Bank of Grayville, Grayville, Illinois

(Not available)

(Not available)

*Section 3(a)(3) application by
The Union of Arkansas Corporation, Little Rock,
Arkansas, to acquire Union National Bank
of Arkansas, Magnolia, Arkansas
(Newspaper 1-15-88)
*Section 3(a)(1) application by
Citizens Bancshares of Beebe, Inc., Beebe,
Arkansas, to acquire Citizens Bank,
Beebe, Arkansas

(Not available)

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Application
Section 4(c)(8) notice by
First Commercial Corporation, Little Rock,
Arkansas, to engage de novo in lending
activities, sale as agent of credit
insurance, and acting as a broker for
leasing personal property through the
formation of First Commercial Finance
Corporation

*This application is subject to CRA



Comment Period Ending Date

(Not available)

Federal Reserve Bank of St. Louis

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
Stock Redemption notice by
Mathes Bancshares, Inc., Ellington,
Missouri




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section I - Applications Subject to
______ Newspaper Notice Only_______

Comment Period
Ending Date

Application
None.

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

Comment Period
Ending Date

Application
None.

Section III - Applications Subject
to Federal Register Notice Only

Application

Comment Period
Ending Date

None

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
None.




SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION II ~ APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND PEDBRAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

Fairland Holding Company, Inc.,
Neosho, Missouri, for prior
approval to become a bank holding
company through the acquisition of
at least 79.95 percent of the
voting shares of The First National
Bank of Fairland, Fairland,
Oklahoma.*

Not Available

Granby Bancshares, Inc., Neosho,
Missouri, for prior approval to
acquire 100 percent of the voting
shares of Fairland Holding Company,
Inc., Neosho, Missouri.*

Not Available

Dominion Bankshares, Inc., Denver,
Colorado, for prior approval to
become a bank holding company
through the acquisition of 100
percent of the voting shares of
Dominion National Bank, Denver,
Colorado.*

Not Available

Stuart Family Partnership, Lincoln,
Nebraska, for prior approval to
become a bank holding company
through the acquisition of 53.4
percent of the voting shares of
First Commerce Bancshares, Inc.,
Lincoln, Nebraska.*

Not Available

The Catherine Stuart Schmoker
Family Partnership, Lincoln,
Nebraska, for prior approval to
become a bank holding company
through the acquisition of 33
percent of the voting units of
Stuart Family Partnership, Lincoln,
Nebraska.*

Not Available




The James Stuart/ Jr*. Family
Partnership/ Lincoln/ Nebraska, fb ' t
prior approval to become a bank
holding company through the
acquisition of 33 percent of the
voting units of Stuart Family
Partnership, Lincoln, Nebraska.*

Not Available

The Scott Stuart Family
Partnership, Lincoln, Nebraska for
prior approval to become a bank
holding company through the
acquisition of 33 percent of the
voting units of Stuart Family
Partnership, Lincoln, Nebraska.*

Not Available

J. David Davenport, Edmond,
Oklahoma, for prior approval to
increase his proportionate
ownership of Quail Creek
Bancshares, Inc., Oklahoma City,
Oklahoma, by 6.9 percent to 21.8
percent.

Not Available

Peter L. Ochs and Wesley Rubenich,
Wichita, Kansas, for prior approval
to increase their proportionate
ownership of Attica Financial
Corporation, Wichita, Kansas, by
6.0 percent to 33.4 percent each;
Clay Philips, Attica, Kansas, for
prior approval to increase his
proportionate ownership by 4.9
percent to 7.7 percent; and Jim
Fujiwara, Wichita, Kansas, for
prior approval to acquire 2.5
percent of Attica Financial
Corporation.

February 19, 1988

Sterling National Bank Employee
Stock Ownership Plan, Sugar Creek,
Missouri, for prior approval to
become a bank holding company
through the acquisition of 38.6
percent of the voting shares of
Sterling Bancorp, Sugar Creek,
Missouri, parent of Sterling
National Bank, Sugar Creek,
Missouri.*

February 19, 1988

First National Fairbury
Corporation, Fairbury, Nebraska,
for prior approval to acquire 100
percent of the voting shares of
DeWitt State Bank, Dewitt,
Nebraska.*

February 18, 1988




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

COMMENT PERIOD ENDING DATE

FirsTier Financial Inc., Lincoln,
Nebraska, for prior approval to
acquire 71 percent of the voting
shares of Circle Management
Company, Kearney, Nebraska, parent
of Platte Valley State Bank and
Trust Company, Kearney, Nebraska.*

February 18, 1988

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Stuart Family Partnership, Lincoln,
Nebraska, for prior approval to
indirectly engage in underwriting
credit disability insurance on
consumer loans through Commerce
Affiliated Life Insurance Company,
Phoenix, Arizona; and to indirectly
engage in providing investment
company advice through First
Commerce Investors, Inc., Lincoln,
Nebraska.

Not Available

The Catherine Stuart Schmoker
Family Partnership, Lincoln,
Nebraska, for prior approval to
indirectly engage in underwriting
credit disability insurance on
consumer loans through Commerce
Affiliated Life Insurance Company,
Phoenix, Arizona, and to indirectly
engage in providing investment
company advice through First
Commerce Investors, Inc., Lincoln,
Nebraska.

Not Available




The James Stuart, Jr. Family
Partnership, Lincoln, Nebraska, for
prior approval to indirectly engage
in underwriting credit disability
insurance on consumer loans through
Commerce Affiliated Life Insurance
Company, Phoenix, Arizona, and to
indirectly engage in providing
investment company advice through
First Commerce Investors, Inc.,
Lincoln, Nebraska.

Not Available

The Scott Stuart Family
Partnership, Lincoln, Nebraska, for
prior approval to indirectly engage
in underwriting credit disability
insurance on consumer loans through
Commerce Affiliated Life Insurance
Company, Phoenix, Arizona, and to
indirectly engage in providing
investment company advice through
First Commerce Investors, Inc.,
Lincoln, Nebraska.

Not Available

Sioux National Company, Sidney,
Nebraska, for prior approval to
engage ge novo in insurance agency
activities in a town of less than
5,000 persons.

February 18, 1988

First Wyoming Bancorporation,
Cheyenne, Wyoming, for prior
approval to engage in providing to
others financially related data
processing and data transmission
services, facilities, and data
bases; or access to them, through
its nonconsolidated subsidiary,
Item Processing Center, Inc.,
Denver, Colorado.

February 19, 1988

FirsTier Financial Inc., Lincoln,
Nebraska, for prior approval to
indirectly acquire the voting
shares of Guaranty Trust Company,

February 18, 1988




Kearney, Nebraska, which engages in
the activities of a trust company
of a fiduciary agency, or custodial
nature; Circle Leasing Company,
Kearney, Nebraska, which engages in
full pay-out personal property
leasing; and Circle Building
Company, Kearney, Nebraska.
SECTION IV ~ APPLICATIONS WOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Quail Creek Bancshares, Inc.,
Oklahoma City, Oklahoma, for prior
approval to redeem 985 shares of
its stock.
♦Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED fiORItCG THE.W&EK.QE 88/02/01
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

APPLICATION

NOTICE EXP

NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE *

APPLICATION
FIRST CITY ACQUISITION CORPORATION, HOUSTON, TX SEC 3(A)(1)
FIRST CITY BANCORPORATION OF TX, INC, HOUSTON, TX
FIRST CITY BANK OF ALICE, ALICE, TX
FIRST CITY BANK OF ARANSAS PASS, ARANSAS PASS, TX
FIRST CITY BANK-CENTRAL ARLINGTON,NA, ARLINGTON, TX
FIRST CITY NTL BANK OF ARLINGTON, ARLINGTON, TX
FIRST CITY BANK-NORTHWEST HILLS, NA, AUSTIN, TX
FIRST CITY NATIONAL BANK OF AUSTIN, AUSTIN, TX
FIRST CITY BANK-CENTRAL, BEAUMONT, TX
FIRST CITY NATIONAL BANK OF BEAUMONT, BEAUMONT, TX
FIRST CITY BANK-GATEWAY, N.A., BEAUMONT, TX
FIRST CITY BANK-BELLAIRE, N.A., BELLAIRE, TX
FIRST CITY NATIONAL BANK OF BRYAN, BRYAN, TX
FIRST CITY BANK-SIOUX FALLS, N.A., SIOUX FALLS, SD
FIRST CITY NTL BANK OF COLLEYVILLE, COLLEYVILLE, TX
FIRST CITY BANK-CORPUS CHRISTI, CORPUS CHRISTI, TX
FIRST CITY BANK-EAST DALLAS, DALLAS, TX
FIRST CITY BANK OF DALLAS, DALLAS, TX
FIRST CITY BANK-MARKET CENTER, NA, DALLAS, TX
FIRST CITY BANK-VALLEY VIEW, DALLAS, TX
FIRST CITY NATIONAL BANK OF EL PASO, EL PASO, TX
FIRST CITY BANK-FARMERS BRANCH, FARMERS BRANCH, TX
FIRST CITY BANK-FOREST HILL, FORT WORTH, TX
FIRST CITY NTL BANK OF FORT WORTH, FORT WORTH, TX
FIRST CITY BANK OF GARLAND, N.A., GARLAND, TX
THE GRAHAM NATIONAL BANK, GRAHAM, TX
FIRST CITY NTL BANK IN GRAND PRAIRIE, GRAND PRAIRIE, TX
FIRST CITY BANK-WESTHEIMER, N.A., HOUSTON, TX
FIRST CITY BANK-BEAR CREEK, HOUSTON, TX
FIRST CITY BANK-ALMEDA GENOA, HOUSTON, TX
FIRST CITY BANK-INWOOD FOREST, N.A., HOUSTON, TX
FIRST CITY NATIONAL BANK OF HOUSTON, HOUSTON, TX
FIRST CITY BANK-MEDICAL CENTER,.N.A., HOUSTON, TX
FIRST CITY BANK-GULFGATE, HOUSTON, TX
FIRST CITY BANK OF HIGHLAND VILLAGE, HOUSTON, TX
FIRST CITY BANK OF NORTHLINE, HOUSTON, TX
FIRST CITY BANK-FONDREN SOUTH, HOUSTON, TX
FIRST CITY BANK OF CLEAR LAKE, HOUSTON, TX
FIRST CITY BANK-NORTHEAST, N.A., HOUSTON, TX

FIRST CITY BANK-NORTH BELT, N.A., HOUSTON, TX


NOTICE EXP
Federal Register
88/02/15

FIRST CITY BANK-NORTHCHASE, N.A., HOUSTON, TX
FIRST CITY BANK-WESTHEIMER PLAZA, NA, HOUSTON, TX
FIRST CITY BANK-WESTWOOD, N.A., HOUSTON, TX
FIRST CITY BANK OF HUMBLE, HUMBLE, TX
FIRST CITY BANK OF KOUNTZE, KOUNTZE, TX
FIRST CITY BANK-LAKE JACKSON, LAKE JACKSON, TX
FIRST CITY BANK OF LANCASTER, LANCASTER, TX
FIRST CITY BANK OF LEWISVILLE, LEWISVILLE, TX
FIRST CITY NATIONAL BANK OF LUFKIN, LUFKIN, TX
MC ALLEN STATE BANK, MC ALLEN, TX
FIRST CITY NTL BK OF MADISONVILLE, MADISONVILLE, TX
FIRST CITY NATIONAL BANK OF MIDLAND, MIDLAND, TX
FIRST CITY NATIONAL BANK OF ORANGE, ORANGE, TX
FIRST CITY BANK OF PLANO, N.A., PLANO, TX
FIRST CITY BANK OF RICHARDSON, RICHARDSON, TX
FIRST CITY NATIONAL BANK OF RICHMOND, RICHMOND, TX
FIRST CITY NTL BANK OF SAN ANGELO, SAN ANGELO, TX
FIRST CITY BANK-CENTRAL PARK, SAN ANTONIO, TX
FIRST CITY BANK-FORUM, N.A., SAN ANTONIO, TX
FIRST CITY BANK-WINDSOR PARK, SAN ANTONIO, TX
CITIZENS STATE BANK, SEALY, TX
FIRST CITY BANK OF SOUR LAKE, SOUR LAKE, TX
FIRST CITY NATIONAL BANK OF TYLER, TYLER, TX
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
(NOT SUBJECT TO CRA)

APPLICATION
FIRST CITY ACQUISITION CORPORATION, HOUSTON, TX SEC 4(C)(8)
FIRST CITY LIFE INSURANCE COMPANY, HOUSTON, TX

NOTICE EXP
Federal Register
88/02/15

FIRST CITY ACQUISITION CORPORATION, HOUSTON, TX SEC 4(C)(8)
FIRST CITY FINANCIAL CORPORATION, HOUSTON, TX

88/02/15

FIRST CITY ACQUISITION CORPORATION, HOUSTON, TX SEC 4(C)(8)
CENTRAL TEXAS INSURANCE AGENCY, HOUSTON, TX

88/02/15

FIRST CITY ACQUISITION CORPORATION, HOUSTON, TX SEC 4(C)(8)
FIRST CITY ENERGY FINANCE COMPANY, HOUSTON, TX

88/02/15

SECTION IV - NOTICES UNDER THE CHANGE IN BANK CONTROL ACT SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE (NOT SUBJECT TO CRA) *

. NOTICE
MR. JOSEPH M. DE SIMONE, HAUPPAUGE, NY, ET AL TO ACQUIRE
AN INTEREST IN FLOWER MOUND BANK, FLOWER MOUND, TX
PURSUANT TO SECTION 7(J) OF THE FEDERAL DEPOSIT INSURANCE ACT

* EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
** DATE UNAVAILABLE AT THIS TIME. PLEASE DIRECT ANY QUESTIONS TO
MS. GAYLE TEAGUE, (214) 651-6481.



NOTICE EXP
**

F ederal R eserve Bank of San F rancisco

88-06
Week ending 02/05/88
Section I - Applications Subject to Newspaper Notice Only
Adp Iication

Newspaper:

NONE
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Claudine B. Williams to increase
ownership from 9.08 percent to
24.99 percent of American Bancorp of
Nevada, Las Vegas, Nevada, which
controls American Bank of Commerce,
Las Vegas, Nevada.

Newspaper:

Not available

Fed. Reg.:

2/11/88

Napa Valley Bancorp, Napa, California,
to acquire at least 50.1 percent of
Sonoma Valley Bank (In Organization),
Sonoma, California

Newspaper:

2/11/88

Fed. Reg.:

2/12/88

Fremont Bank and Fremont Bancorporation
Employee Profit Sharing Plan, Fremont,
California, to increase its ownership
from 24.99 percent to above 25 percent
and become a bank holding company as a
result of proposed share redemptions by
the Fremont Bancorporation in 1988.

Newspaper:

3/02/88

Fed. Reg.:

Not Available

W.T.B. Financial Corporation, Spokane,
Washington, to increase ownership
from 16.7 percent to 21.3
percent of Norban Financial
Group, Coeur D'Alene, Idaho.

Newspaper:

03/01/88

Fed. Reg.:

Not Available




Federal R eserve Bank of San F rancisco

88-06
Week ending 02/05/88

Section III ■- Aoolications Sub.iect to Federal Reaister Notice Only
Fed. Rea.:
NONE

Section IV •- Aoolications Not Sub.iect to Federal Reaister Notice
or Newsoaoer Notice
NONE