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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF TOE
FEDERAL RESERVE SYSTEM
H.2, 1985 No. 2
Actions of the Board; Applications and Reports
Received During the Week Ending January 12, 1985
APPLICABLE
RESERVE BANK

ACTIONS OF TOE BOARD

Regulation Y, permissible transactions between bank holding
companies and their nonbank bank subsidiaries; comment is
requested by February 14. (Docket No. R-0536)
Boston

Fleet Financial Group, Inc., Providence, Rhode Island, extension
of time to April 4, 1985, within which to acquire Fleet National
Bank of Boston, Boston, Massachusetts, a de novo bank. 1/

Boston

Fleet Financial Group, Inc., Providence, Rhode Island, extension
of time to April 4, 1985, within which to acquire Fleet National
Bank of Connecticut, Hartford, Connecticut, a de novo bank. 1/

Boston

Saver's Bancorp, Inc., Littleton, New Hampshire, extension of
time to April 4, 1985, within which to acquire Belknap Bank
and Trust, Belmont, New Hampshire. 1/

New York

New First National Bank of Jeffersonville, Jeffersonville,
New York, proposal to merge with the First National Bank of
Jeffersonville, Jeffersonville, New York; report to the
Comptroller of Currency on competitive factors. 1/

Philadelphia

Bank of Delaware Corporation, Wilmington, Delaware, extension of
time to April 13, 1985, within which to establish Christiana
Life Insurance Ccmoany, Phoenix, Arizona. 1/

Cleveland

Spectrum Financial Corporation, Wheeling, West Virginia, extension
of time to June 20, 1985, within which to acquire The First
National Bank of New Martinsville, New Martinsville, West
Virginia. 1/

Richmond

Commercial BancShares, Inc., Parkersburg, West Virginia, extension
of time to April 15, 1985, within which to acquire Jackson
County Bank, Ravenswood, West Virginia. 1/

17

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 2 -

ACTIONS OF THE BOARD - Continued

Atlanta

Peoples Bank of Mississippi, N.A., Union, Mississippi, proposed
merger with First National Bank of Newton, Newton, Mississippi;
report to the Ccnptroller of the Currency on competitive factors. 1/

Atlanta

Golden Suninit Corporation, Milton, Florida, extension of time to
April 15, 1985, within which to acquire 100 percent of the outstanding
voting shares of American Security State Bank, Pensacola,
Florida, a de novo bank. 1/

Atlanta

F&M Holding Company, Inc., Manchester, Georgia, extension of time
to April 6, 1985, within which to become a bank holding company through
the acquisition of F&M Bank and Trust Company, Manchester, Georgia. 1/

Atlanta

Amsouth Bank, N.A., Birmingham, Alabama, proposed merger with Firstgulf
Bancorp, Mobile, Alabama; report to the Comptroller of the Currency
on competitive factors. 1/

Chicago

State Bank of Freeport, Freeport, Illinois, an investment in bank
premises. 1/

Chicago

First of America Bank-Straits Area, Cheboygan, Michigan, an investment
in bank premises. 1/

Chicago

First Bank Southeast of Lake Geneva, National Association, Lake
Geneva, Wisconsin, proposal to merge with Wisconsin State Bank,
Delavan, Wisconsin, under the charter and title of First Bank
Southeast of Lake Geneva, National Association; report to the
Comptroller of the Currency on competitive factors. 1/

Chicago

First Shelby Financial Group, Inc., Shelbyville, Illinois, extension of
time to January 31, 1985, within which to become a bank holding
company through the acquisition of First Trust Bank of Shelbyville,
Shelbyville, Illinois. 1/

Chicago

Dearborn Bank and Trust Company, Dearborn, Michigan, extension of
time to February 28, 1985, within which to establish a branch
office at 13550 Ford Road, Dearborn, Michigan. 1J

St. Louis

Salem Bancorp, Inc., Salem, Kentucky, extension of time to
April 9, 1985, within which to become a bank holding company
through the acquisition of Salem Bank, Inc., Salem, Kentucky. 1/

JL/ Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 3 ACTIONS OF TOE BOARD - Continued

St. Louis

Farmers State Bank of Sullivan, Sullivan, Indiana, investment in bank
promises. 1/

Dallas

Frontier National Bancshares Corporation, Round Rock, Texas,
extension of time to March 15, 1985, within which to acquire
Frontier National Bank, Round Rock, Texas. 1/

Dallas

First Alpine, Inc., Alpine, Texas, extension of time to April 4,
1985, within which to acquire First National Bank in Alpine,
Alpine, Texas. 1/

San Francisco

Valley Bank & Trust Company, Salt Lake City, Utah, extension of
time to March 2, 1986, within which to establish a branch office
in the vicinity of South Temple and 300 West - Triad Center Salt Lake City, Utah. 1/

San Francisco

Western Ccnmunity Bank, N.A., Tacana, Washington, proposed purchase
of North Pacific Bank, Tacoma, Washington, under the charter and
title of the former; report to the Comptroller of the Currency
on competitive factors. 1/

San Francisco

First American Bank, Salt Lake City, Utah, a proposed new bank,
extension of time to May 6, 1985, within which to became a member
of the Federal Reserve System. 1/

T 7 Application

processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 4 ACTIONS OF THE BOARD - Continued

To Became a Matter of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act

Approved
South Boston Bank and Trust Company, South Boston,
Virginia. 1/

Richmond.

*****

International Investments and Other Actions Approved
Pursuant to Sections 25 and 25(a) of the Federal Reserve Act
and Sections 4 (c) (9) and 4 (c) (13) of the
Rank Holding Ccnpany Act of 1956, as amended

New York

San Francisco

New York

T7

Approved
Ramapo Financial Corporation,Wayne, New Jersey; Ultra Bancorporation, Bridgewater, New Jersey; and New Jersey National
Corporation, Trenton, New Jersey: grants consent to acquire
25 percent interest in the equity of Florida Interbank
Trading Company, Inc., Jacksonville, Florida, an export
trading company.
Rainier Bancorporation and Rainier National Bank, both of
Seattle, Washington, requests specific consent for an ex­
tension of its Edge Act subsidiary, Rainier International
Bank, Los Angeles, California, through January 3, 2003.
Forty-Five Day Notification Allowad to Expire
Citibank Overseas Investment Corporation, Wilmington, Delaware:
no objection to acquire all the shares of Corporacion
Financiera Atlas, S.A., Santiago, Chile.

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 5 ACTIONS OF THE BOARD - Continued

To Farm a Bank Holding Ccnpany Pursuant to Section
3(a) (1) of the Bank Holding Company Act of 1956

Chicago

Returned
FM Bancorp, Inc., Paxton, Illinois, for approval to acquire
100 percent of the voting shares of Farmers-Merchants
National Bank of Paxton, Paxton, Illinois. 1/

Approved

New York

RBC Holdings (USA) Inc., New York, New York, for approval to
acquire 100 percent of the voting shares of The Royal Bank
and Trust Company, New York, New York. \J

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia, for approval to acquire
100 percent of the voting shares of SunBanks, Inc., Orlando,
Florida, and Trust Company of Georgia, Atlanta, Georgia,and
indirectly 50 banks.

Atlanta

TCG Sub, Inc., Atlanta, Georgia, for approval to acquire Trust
Company of Georgia, Atlanta, Georgia and indirectly 21 banks.

Chicago

Athens Bancorp, Inc., Athens, Wisconsin, for approval to acquire
at least 81.57 percent of the voting shares of The Bank of
Athens, Athens, Wisconsin. 1/

Minneapolis

Kenneth Holding Company, Kenneth, Minnesota, for approval to
acquire 100 percent of the voting shares of State Bank of
Kenneth, Kenneth, Minnesota. 1/

Minneapolis

Lewis Banshares, Inc., Sioux Falls, South Dakota, for approval
to acquire 100 percent of the voting shares of First State Bank,
Armour, South Dakota. 1/

Minneapolis

R.O.M. Financial Services, Inc., Chanhassen, Minnesota, for
approval to acquire at least 94.95 percent of the outstanding
voting shares of the State Bank of Chanhassen, Chanhassen,
Minnesota. 1/

1 7 Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 6 -

ACTIONS OF TOE BOARD - Continued

Minneapolis

Rushford State Bancorp, Inc., Rushford, Minnesota, for approval
to acquire 100 percent of the voting shares of Rushford State
Bank (Incorporated), Rushford, Minnesota. 1/

Kansas City

The Banking Group, Ltd., Castle Rock, Colorado, for approval to
acquire 100 percent of the voting ccrrmon shares of The First
National Bank of Castle Rock, Castle Rock, Colorado, a pro­
posed new bank. 1/

Kansas City

Security Holding, Inc., Aurora, Colorado, for approval to acquire
at least 99.94 percent of the voting cannon shares of East
National Bank of Denver, Denver, Colorado; 100 percent of the
voting cannon shares of Mountain Holding, Inc., Aurora,
Colorado, and indirectly 100 percent of the voting cannon
shares of Security Bank of Aurora, Aurora, Colorado and 100
percent of the voting cannon shares of Security Bancorporation,
Inc., Boulder, Colorado, and indirectly 95.14 percent of the
voting cannon shares of Security Bank of Boulder, Boulder,
Colorado. 1/

Dallas

Kingsland Bancshares, Inc., Kingsland, Texas, for approval to
acquire at least 80 percent of the voting shares of Kingsland
National Bank, Kingsland, Texas. 1/

Dallas

Nixon Financial Corporation, Nixon, Texas, for approval to
acquire 100 percent of the voting shares of Nixon Bancshares,
Inc., Nixon, Texas and indirectly Nixon State Bank, Nixon,
Texas. 1/

San Francisco

SafraBancorporation California, Los Angeles, California, for
approval to acquire 100 percent of the voting shares of
SafraBank (California), Los Angeles, California. 1/

To Expand a Bank Holding Ccnpany Pursuant to Section
3 (a) (3) of the Bank Holding Ccnpany Act o f 1956
Withdrawn

Kansas City

1/

Heme State Bancorporation, Inc., Hobart, Oklahoma, for approval
to acquire at least 80 percent of the voting shares of
Security State Bank, Roosevelt, Oklahoma.

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 7 ACTIONS OF THE BOARD - Continued

Atlanta

Approved
Allied Bankshares, Inc., Thomson, Georgia, for approval to
retain 11.26 percent of the voting shares of Bank of Greens­
boro, Greensboro, Georgia. 1/

St. Louis

Farmers Capital Bank Corporation, Frankfort, Kentucky, for
approval to acquire at least 80 percent of the voting shares
of United Bank & Trust Company, Versailles, Kentucky. 1/

St. Louis

First Kentucky National Corporation, Louisville, Kentucky,
for approval to acquire at least 25 percent of the voting
shares of The American National Bank & Trust Company,
Bowling Green, Kentucky. 1/

St. Louis

Wilson & Muir Bancorp, Inc., Bardstown, Kentucky, for approval
to acquire at least 80 percent of the voting shares of
Citizens Bank & Trust Company of Grayson County, Leitchfield,
Kentucky. 1/

Minneapolis

Kimberly Leasing Corporation, Augusta, Wisconsin, for approval
to acquire 100 percent of the voting shares of First
National Bank of Crosby, Crosby, Minnesota. 1/

Dallas

Community Bancorporation, Inc., Belleville, Texas, for approval
to acquire 100 percent of the voting shares of The Waller Bank,
N.A., Waller, Texas. 1/
*****

To Expand a Bank Holding Company Pursuant to
Section 4 (c) (8) of the Bank Holding Company Act of 1956
Withdrawn

New York

17

Bankers Trust New York Corporation, New York, New York,
notification of intent to engage in de novo activities
(to exercise trust power to the extent permitted to a
state bank and trust company or a national banking
association, subject to the limitations in section

Application processed on behalf of the Board of Governors under
delegated authority.




H.2, 1985 No. 2

- 8 -

ACTIONS OF THE BOARD - Continued

225.25(b)(3) of Regulation Y) through its subsidiary
Private Clients Group in Greenwich and Stamford,
Connecticut. (1/9/85)
Returned

Atlanta

AmSouth Bancorporation, Birmingham, Alabama, for approval to
engage de novo in consumer lending and deposit-taking through
AmSouth Bank Tampa, N.A., Tanpa, Florida; AmSouth Bank
Chattanooga, N.A., Chattanooga, Tennessee and AmSouth Bank
Nashville, N.A., Nashville, Tennessee.

Chicago

Irwin Union Corporation, Columbus, Indiana, notification of
intent to engage in de novo activities (acting as investment
or financial advisor in providing investment advice, general
econanic information, industry studies and financial advice
to clients; underwriting dealing in, brokering and purchasing
and selling government obligations and money market instruments
providing cash management services and, buying and selling
securities as agent for the accounts of customers; providing
management consulting advice to nonaffiliated bank and nonbank
depository institutions) through its subsidiary, Irwin Union
Capital Corporation (12/20/84)

San Francisco

Utah Bancorporation, Salt Lake City, Utah, notification of
intent to engage in de novo activities (in insurance sales
and underwriting credit life, accident and health insurance)
in Salt Lake City, Utah, throughout the State of Utah, through
its subsidiary. Valley Utah Insurance Company Inc. (1/11/85)

Atlanta

Approved
SunTrust Banks, Inc., Atlanta, Georgia, for approval to aoguire
Sunbank Service Corporation, Orlando, Florida; Sunbank Mortgage
Company, Orlando, Florida; SBF Agency, Inc., Orlando, Florida;
Trusco Data Systems of Florida, Inc., Gainesville, Florida;
and Trust Company Mortgage, Atlanta, Georgia.

Atlanta

TCG Sub, Inc., Atlanta, Georgia, for approval to acquire Trusco
Data Systems of Florida, Inc., Gainesville, Florida; and Trust
Company Mortgage, Atlanta, Georgia, and Trusco Properties, Inc.
Atlanta, Georgia.

San Francisco

Security Pacific Corporation, Los Angeles, California, for
approval to acquire 100 percent of the voting shares of
EARNS, Inc., Simi Valley, California. 1/




H.2, 1985 No. 2

- 9 ACTIONS OF THE BOARD - Continued

Atlanta

New York

Delayed
Bank South Corporation, Atlanta, Georgia, notification of
intent to engage in de novo activities (in providing data
processing and data transmission services and facilities
to banks, farms and others) these activities would be
performed in States throughout the Southeastern United
States, through a subsidiary, Bank South Data Services,
Inc., Atlanta, Georgia. (1/8/85) 3/

Permitted
Horizon Bancorp, Morristown, New Jersey, notification of
intent to engage in de novo activities (performing functions
and activities that may be performed by a trust company
-including activities of a fiduciary, agency or custodial
nature- and such other activities as are necessary,
incident or related to the activities of a trust company)
through its subsidiary, Horizon Trust Company of Florida,
National Association, Boca Raton, Florida (1/8/85) _3/

Philadelphia

Meridian Bancorp, Inc., Reading, Pennsylvania, notification
of intent to engage in de novo activities ((1) through
Meridian Asset Management, Inc. to perform trust company
activities that do not require true fiduciary powers, such
as agency, custodial and related services; (2) through
Meridian Investment Company to engage in providing invest­
ment advisory services; and (3) through Meridian Trust
Company providing fiduciary services)
(1/11/85) 3/

Kansas City

First Cordell Banco, Inc., Cordell, Oklahoma, notification of
intent to expand its de novo activities (engaging in
general insurance activities) in Cordell, Oklahoma, through
its subsidiary, First Cordell Insurance Agency, Inc.
(1/8/85) 3/

Kansas City

FirsTier, Inc., Omaha, Nebraska, notification of intent to
expand its de novo activities (originating for its own
portfolio or for sale to investors and/or brokering
residential and commercial loans and other lending trans­
actions; including both construction and permanent loans;
local collecting and inspecting activities; the activities
include, but are not limited to, processing applications,

T7
3/

Application processed on behalf of the Board of Governors under
delegated authority.
Notification processed by Reserve Bank on behalf of the Board
of Governors under delegated authority.




H.2, 1985 No. 2

- 10 ACTIONS OF THE BOARD - Continued

issuing ccrrmitments, closing and/or assigning loans and
local collecting and inspection activities; the primary
servicing of closed loans will be performed by the heme
office in Omaha, Nebraska) the geographic area to be served
includes all of the area throughout the United States, through
its subsidiary, FirsTier Mortgage Co. (1/8/85) 3/
San Francisco

Wells Fargo & Catpany, San Francisco, California, notifi­
cation of intent to expand the geographic scope of an
existing subsidiary, Central Western Insurance Company,
Phoenix, Arizona (to include the state of Georgia and to
continue to engage in underwriting, as reinsurer, credit
life and credit disability insurance directly related to
extensions of credit by the credit extending affiliates
of Wells Fargo & Company) (1/12/85) 3/

*****

Redenpticn of Shares

Atlanta

1/
3/

Approved
First Jefferson Corporation, Biloxi, Mississippi. 1/

Application processed on behalf of the Board of Governors under
delegated authority.
Notification processed by Reserve Bank on behalf of the Board
of Governors under delegated authority.




H.2, 1985 No.2

- 11 -

APPLICATIONS RECEIVED

Chicago

To Establish a Domestic Branch Pursuant
to Section 9 of the Federal Reserve Act
First-Citizens Bank and Trust Company, Greencastle, Indiana,
to establish a branch on the northwest c omer of the inter­
section of State Road 240 and County Road 100E (in Wal-Mar
Shopping Center), Greencastle, Indiana. 2/
*****

To Became a Mather of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
San Francisco

Yosemite Bank, Mariposa, California. 2/

*****

To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Chicago

Chemical Bank Cass City, Cass City, Michigan, to merge with
Peoples State Bank, Caro, Michigan. 2J
*****

To Form a Bank Holding Ccnpany Pursuant to Section
3(a) (1) of the Bank Holding Ccnpany Act of 1956
Cleveland

Peoples Financial Corp., Inc., Ford City, Pennsylvania,
for approval to directly acquire 100 percent of the voting
shares of Peoples Bank of Ford City, Pennsylvania, Ford City,
Pennsylvania and indirectly acquire New Bethlehem Bank, New
Bethlehem, Pennsylvania. 2/

27 Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1985 No. 2

- 12 APPLICATIONS RECEIVED - Continued

Richmond

Intermountain Bankshares, Inc., Charleston, West Virginia, for
approval to acquire 100 percent of the voting shares of the
successor by merger to Half Dollar Trust and Savings Bank,
Wheeling, West Virginia. 2/

Richmond

First United Corporation, Oakland, Maryland, for approval to
acquire 100 percent of the voting shares of the successor by
merger to First United National Bank & Trust, Oakland,
Maryland. 2/

Atlanta

Financial Bankshares, Inc., Miami, Florida, for approval to
acquire 100 percent of the voting shares of First National
Bank of Miami, Miami, Florida, a proposed new bank. 2/

Atlanta

Marion County Bancshares, Inc., Hamilton, Alabama, for approval
to acquire 100 percent of the voting shares of First National
Bank of Hamilton, Hamilton, Alabama. 2/

Chicago

ANB Corporation, Muncie, Indiana, for approval to acquire 100
percent of the voting shares of American National Bank and
Trust Ccxnpany, Muncie, Indiana. 2/

Chicago

EM Bancorp, Inc., Paxton, Illinois, for approval to acquire
100 percent of the voting shares of Farmers-Merchants National
Bank of Paxton, Paxton, Illinois. 2/

St. Louis

CF Bancorp, Inc., Louisville, Kentucky, for approval to acquire
Liberty United Bancorp, Inc., Louisville, Kentucky and
indirectly Citizens State Bank, Owensboro, Kentucky. 2/

St. Louis

O.C.B. Bancorp, Paoli, Indiana, for approval to acquire
100 percent of the voting shares of Orange County Bank,
Paoli, Indiana. 2/

Kansas City

Brookside Bancshares, Inc., Tulsa, Oklahoma, for approval to
acquire at least 81 percent of the voting shares of Brookside
State Bank, Tulsa, Oklahoma. 2/
*****

2J

Application subject to Community Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1985 No. 2

- 13 APPIJCMTONS RECEIVED - Continued

To Expand a Bank Holding Company Pursuant to Section
3(a) (3) of the Bank Holding Ccnparry Act of 1956
Atlanta

SunTrust Banks, Inc., Atlanta, Georgia, for approval to acquire
indirectly through its subsidiary Sun Banks, Inc., Orlando,
Florida, 15 percent of the voting shares or assets of Peoples
Bank of Lakeland, Lakeland, Florida. 2/

Chicago

Merchants Bancorp, Inc., Aurora, Illinois, for approval to
acquire 100 percent of the voting shares of Bank of Boulder
Hill, Montgomery, Illinois. 2/

Chicago

Metro Bancorporation, Waterloo, Iowa, for approval to acquire
100 percent of the voting shares of Hudson State Bank, Hudson,
Iowa. 2/

Chicago

NewCentury Bank Corporation, Frankenmuth, Michigan, for approval
to acquire 100 percent of the voting shares of Alpena Savings
Bank, Alpena, Michiqan; Key State Bank, Ctoosso, Michigan and
State Savings Bank of South Lyons, South Lyons, Michigan. 2/

St. Louis

Investar, Bankshares, Inc., Stuttgart, Arkansas, for approval
to acquire at least 80.1 percent of the voting shares of
North Central Financial Corporation, Melbourne, Arkansas and
indirectly The Bank of North Arkansas, Melbourne, Arkansas. 2/

St. Louis

Liberty United Bancorp, Inc., Louisville, Kentucky, for approval
to acquire CF Bancorp, Inc., Louisville, Kentucky and indirectly
Citizens State Bank, Owensboro, Kentucky. 2/

St. Louis

Mercantile Bancorporation, Inc., St. Louis, Missouri, for approval
to acquire 100 percent of the voting shares of Bank of Poplar
Bluff, Poplar Bluff, Missouri and 100 percent of the voting
shares of Bank of Marble Hill, Marble Hill, Missouri. 2/

Kansas City

2/

Correction:
The notices for Ccmnercial Bancorporation of Colorado, Denver,
Colorado, for approval to acquire 100 percent of the voting
shares of Liberty State Bank, Colorado Springs, Colorado and
Ccrtmercial Investment Company, Denver, Colorado, for approval
to acquire indirectly 100 percent of the voting shares of
Liberty State Bank, Colorado Springs, Colorado through its

Application subject to Ccmnunity Reinvestment Act. The Ccmnunity
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1985 No. 2

- 14 APPLICATIONS RECEIVED - Continued

subsidiary Cotmercial Bancorporation of Colorado, Denver,
Colorado, were listed separately on H.2 No. 52, 1984. They
should have been tflped together as Caxmercial Bank Investment
Ccmpany, Denver, Colorado and Cortmercial Bancorporation
of Colorado, Denver, Colorado to acquire 100 percent of the
voting 'shares of Liberty State Bank, Colorado Springs,
Colorado. 2/
Kansas City

IntraWest Financial Corporation, Denver, Colorado, for approval
to acquire 100 percent of the voting shares of Intrawest Bank
of Arapahoe, N.A., Arapahoe County, Colorado, a proposed new
bank. 2/

Dallas

Mustang Financial Corporation, Rio Vista, Texas, for approval
to acquire 100 percent of the voting shares of Johnson County
Bank, NA., Cleburne, Texas, a proposed new bank. 2/

*****

To Expand a Bank Holding Ccnpany Pursuant to
Section 4 (c) (8) of the Bank Holding Ccnpany Act of 1956

New York

Barclays USA Inc., New York, New York, notification of intent
to engage in de novo activities through its wholly-owned
subsidiary, Barclays U.S. Holdings Inc. (to acquire 6.667
percent of the capital stock of The New York Switch Cor­
poration, Fort Lee, New Jersey, and thereby to engage in
certain nonbanking activities)
(12/21/84)

New York

Citicorp, New York, New York, for approval to engage through
its subsidiary, Citicorp Securities, Inc., Chicago, Illinois,
in underwriting and dealing in certain securities eligible
for ownership, but not for underwriting and dealing, by
national banks.

New York

Republic New York, Corporation, New York, New York; Saban,
S.A., Panama City, Republic of Panama; Republic Holding, S.A.,
City of Luxembourg, Grand Duchy of Luxembourg; Trade Develop­
ment Finance (Netherlands Antilles), N.V., The Netherlands

27 Application subject to Ccranunity Reinvestment Act. The Community
Affairs Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1985 No. 2

15 APPLICATIONS RECEIVED - Continued

Antilles; Trade Development Holland Holding N.V., Amsterdam,
The Netherlands, notification of intent to engage in de novo
activities (to perform trust services, including estate
administration; testamentary trust administration; invest­
ment advisory and management services; custodianship;
guardianship (property); escrow; and life insurance trust
administration) through its subsidiary, Republic New York
Trust Company of Florida, N.A. (1/7/85)
New York

Schroders Incorporated, New York, New York; Schroders PLC,
Schroder International Holdings Ltd., and Schroder Inter­
national Ltd., all of London, England, for approval to
engage de novo in consumer lending and deposit-taking
through Schroder Trust Company of Florida, N.A., Miami,
Florida.

Philadelphia

Fidelcor, Inc., Rosemont, Pennsylvania, for approval to engage
de novo through a limited purpose consumer credit bank sub­
sidiary, Fidelity Bank Delaware, Wilmington, Delaware, in
consumer credit services and limited time-deposit taking and
to offer credit insurance underwritten by third parties with
respect to extensions of consumer credit pursuant to section
225.25(b)(8).

Richmond

Baltimore Bancorp, Baltimore, Maryland, notification of intent
to engage in de novo activities (making, acquiring, and ser­
vicing loans and leasing personal or real property) throughout
the United States (1/11/85)

Richmond

NCNB Corporation, Charlotte, North Carolina, for approval to
expand of the data processing transmission and related
activities of the Florida Interchange Group, Inc., Orlando,
Florida.

Atlanta

First Alabama Bancshares, Inc., Montgomery, Alabama, for
approval to acquire Real Estate Financing, Inc., Montgomery,
Alabama.

Minneapolis

First Bank System, Inc., Minneapolis, Minnesota, for approval
to indirectly acquire certain assets from Marshall-Salsbury,
Inc., a general insurance agency in a in Billings, Montana,
a ccmnunity with a population exceeding 5,000.

Kansas City

Greater Metro Bank Holding Company, Aurora, Colorado, notifi­
cation of intent to engage in de novo activities (in the sale
of any insurance directly related to an extension of credit
to include credit life, credit accident and health, ordinary
life and term life insurance; any insurance sold will be




- 16 -

H.2, 1985 No. 2

APPLICATIONS RECEIVED - Continued

to the amount of the extension of credit and level term
insurance will only be sold with single payment loans) at
two locations: 10660 East Colfax, Aurora and 13731 East
Mississippi, Aurora, both in Colorado, through its subsidiary,
Greater Metro Insurance Agency, Inc. (1/8/85)
San Francisco

Marathon Bancorp, Los Angeles, California, notification of
intent to engage in de novo activities (in mortgage banking
activities) through its subsidiary, Marathon Bancorp Mortgage
Corporation, Los Angeles, California (1/11/85)

San Francisco

Standard Chartered Bank PLC, London, England; Standard Chartered.
Overseas Holdings, Ltd., London, England, and Union Bancorp,
Los Angeles, California, for approval to acquire StanChart
Real Estate Investment Advisors, Inc., San Francisco, Cali­
fornia, and thereby engage in the activities of acting as
investment and financial advisors, and as an advisor in
leasing real property, proposal involves a joint venture
with Gooch & Wagstaff, a California corporation.




*****

REPORTS RECEIVED

Current Report Filed Pursuant to Section 13
of the Securities Exchange Act

Bank of Amelia
Amelia, Virgnia
(Month of December 1984)
*****

PETITIONS FOR RULEMAKING
None.