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r es ea r c h library . m q3 ^ JrH ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM *S\H. 2, 1991, NO. 3 of t h e B oard, its Staff, and F£DE# O U V E U H i t h e F e d e r a l R e s e r v e Banks; Applications and Reports Received D u r i n g t h e W e e k E n d i n g J a n u a r y 19, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES Bankers Trust New York Corporation, New York, New York — consent to retain the shares of B.T. Futures New Zealand Limited, Auckland, New Zealand, after BT acts a futures commission merchant on the New Zealand Futures and Options Exchange Limited, and delegation to the Federal Reserve Bank of New York of authority to approve additional financial contracts under certain conditions. Granted, January 16, 1991. Bankers Trust New York Corporation, New York, New York — to commence underwriting and dealing in equity securities through BT Securities Corporation in accordance with the conditions of the Board's order of January 18, 1989. Approved, January 14, 1991. Canadian Imperial Bank of Commerce, Toronto, Ontario, Canada — to commence underwriting and dealing in equity securities through Wood Gundy Corporation, New York, New York in accordance with the conditions of the Board's order of January 4, 1990. Approved, January 14, 1991. Royal Bank of Canada, Montreal, Quebec, Canada — to commence underwriting and dealing in equity securities through RBC Dominion Securities Corp., New York, New York in accordance with the Board's order of January 4, 1990. Approved, January 14, 1991. BANK MERGERS Isabella Bank and Trust, Mount Pleasant, Michigan — to purchase certain assets and assume certain liabilities of the Beal City branch of First of America Bank - Mount Pleasant, and to establish a branch. Approved, January 14, 1991. H.2 JANUARY 14, 1991 PAGE 2 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS ENFORCEMENT Fairfield County Bancorp* Inc.* Stamford* Connecticut — written agreement dated December 12* 1990* with the Federal Reserve Bank of New York and the Banking Commissioner of the State of Connecticut. Announced* January 18* 1991. RESERVE BANK SERVICES Payments system risk reduction program — for measuring daylight overdrafts. Proposed* January 16* 1991. procedures ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES. DOMESTIC Chicago Bankers Trust Company* Des Moines* Iowa — to establish an offsite electronic facility at Kum - N -Go* 60th and Ashworth* West Des Moines* Iowa. Approved* January 18* 1991. Chicago Comerica Bank - Detroit* Detroit* Michigan — to establish a branch at 540 S. Main Street* Lapeer* Michigan. Approved* January 14* 1991. BANK HOLDING COMPANIES Kansas City Air .Academy National Bancorp* U.S. Air Force Academy* Colorado — to acquire Air Academy National Bank. Approved* January 16* 1991. Atlanta American Community Bank Group* Inc.* Minneapolis* Minnesota -- to acquire Pierce County Bank & Trust Company* Ellsworth* Wisconsin. Returned* January 14* 1991. H.2 JANUARY 14, 1991 PAGE 3 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago ANB Corporation, Muncie, Indiana — to acquire Muncie Federal Savings Bank, and the Service Management Corporation. Approved, January 14, 1991. Atlanta Bank of North America Bancorp, Inc., Miami, Florida - to acquire Bank of North America. Approved, January 18, 1991. Secretary BankAmerica Corporation, San Francisco, California — -to acquire Bank of America Idaho, Coeur D TAlene, Idaho. Approved, January 14, 1991 . Staff Director BS&R BankAmerica Corporation, San Francisco, California — proposal that Seafirst Bank Oregon, Woodburn, Oregon, purchase the assets and assume the liabilities of Bank of America, Federal Savings Bank, Portland, Oregon, which was formed to acquire certain assets and assume deposit liabilities of The Benjamin Franklin Savings and Loan Association. Approved, January 16, 1991. Richmond BB&T Financial Corporation, Wilson, North Carolina — to acquire Home Savings and Loan Association, Inc., Durham, North Carolina. Approved, January 18, 1991. Kansas City Binger Agency, Inc., Binger, Oklahoma — novo in mortgage lending activities. Returned, January 15, 1991. Chicago Capital Directions, Inc., Mason, Michigan — to engage de novo in secretarial, mailing, telephone answering, collection, tax, and data processing services through Monex Financial Services, Inc. Returned, January 17, 1991. Atlanta First Commercial Bancshares, Inc., Jasper, Alabama — to acquire Citizens Independent Bancorp, Huntsville, Alabama, and Citizens Independent Bank. Approved, January 15, 1991. to engage de H.2 JANUARY 14, 1991 PAGE 4 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City First McKinley Corporation, Evanston, Wyoming — to acquire Wyoming National Bank, Kemmerer, Kemmerer, Wyoming. Approved, January 18, 1991. Secretary Fleet / Norstar Financial Group, Inc., Providence, Rhode Island, and Fleet / Norstar New York, Inc., Albany, New York — to acquire certain assets of the Robinson Securities division of John Dawson & Associates, Inc., Chicago, Illinois, and to provide brokerage services through Norstar Brokerage Corporation, New York, New York. Approved, January 16, 1991. New York J.P. Morgan & Co. Incorporated, New York, New York — to engage de novo in trust company activities through J.P. Morgan California, Los Angeles, California. Approved, January 18, 1991. New York Keycorp, Albany, New York, and Key Bancshares of Wyoming Inc., Cheyenne, Wyoming — to engage de novo in trust company activities through The Key Trust Company of The West, Cheyenne, Wyoming. Permitted, January 18, 1991. Atlanta Kislak Financial Corporation, Miami Lakes, Florida — to acquire Kislak National Bank, North Miami, Florida. Approved, January 14, 1991. Chicago Metrobancorp, Indianapolis, Indiana — Metro Federal Savings Bank. Returned, January 14, 1991. Kansas City Midstate Bancorp, Hinton, Oklahoma — to engage de novo in mortgage lending activities. Returned, January 15, 1991. Chicago Royal American Corporation, Inverness, Illinois — acquire Royal American Bank. Approved, January 15, 1991. to acquire to H .2 JANUARY 14, 1991 PAGE 5 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Cleveland Society Corporation, Cleveland, Ohio — to engage de novo in personal property leasing activities through Society Equipment Leasing Company. Permitted, January 19, 1991. New York United Jersey Bank, Hackensack, New Jersey — to establish an offsite electronic facility at the Prudential Insurance Company of America, 80 N. Livingston Avenue, Roseland, New Jersey. Approved, January 15, 1991. Atlanta VB&T Bancshares Corp., Valdosta, Georgia — acquire Valdosta Bank & Trust. Approved, January 18, 1991. Chicago WCN Bancorp, Inc., Wisconsin, Wisconsin — to acquire Community State Bancshares, Inc., Wisconsin Rapids, Wisconsin, and the Community State Bank. Approved, January 14, 1991. to BANK PREMISES Kansas City Ark Valley Industrial Bank, La Junta, Colorado — investment in bank premises. Approved, January 17, 1991. Chicago Rock Island Bank, Rock Island, Illinois — in bank premises. Approved, January 18, 1991. investment BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS Staff Director BS&R First Trust Company of Montana, Billings, Montana — transfer agent registration. Withdrawn, January 17, 1991. CAPITAL STOCK Chicago Emmetsburg Bank Shares, Inc., Emmetsburg, Iowa — redemption of shares. Approved, January 18, 1991. H.2 JANUARY 14, 1991 PAGE 6 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Chicago Financial Services Corporation of the Midwest, Rock Island, Illinois — redemption of shares. Approved, January 14, 1991. Atlanta First National Bancshares of West Alabama, Inc., Aliceville, Alabama — redemption of shares. Approved, January 17, 1991. Kansas City Flint Hills Financial Services Corp., Americus, Kansas — redemption of shares. Approved, January 16, 1991. Chicago Kenbancorp, Kentland, Indiana — shares. Submitted, January 18, 1991. St. Louis Milco Bancorporation, Inc., Iberia, Missouri — redemption of shares. Approved, January 14, 1991. Kansas City Nichols Hills Bancorporation, Inc., Oklahoma City, Oklahoma — redemption of shares. Approved, January 15, 1991. redemption of CHANGE IN BANK CONTROL Dallas Citizens Bankshares of Springhill, Inc., Springhill, Louisiana — change in bank control. Returned, January 14, 1991. Minneapolis Faith Bank Holding Company, Inc., Pierre, South Dakota — change in bank control. Permitted, January 18, 1991. Atlanta First National Bancshares of West Alabama, Inc., Aliceville, Alabama — change in bank control. Permitted, January 17, 1991. Chicago Kenbancorp, Kentland, Indiana — control. Permitted, January 18, 1991. change in bank H.2 JANUARY 14, 1991 PAGE 7 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Dallas Kilgore First Bancorp, Inc., Kilgore, Texas — in bank control. Permitted, January 17, 1991. change Kansas City Nichols Hills Bancorporation, Inc., Oklahoma City, Oklahoma — change in bank control. Permitted, January 15, 1991. COMPETITIVE FACTORS REPORTS Cleveland Bank One, Akron, National Association, Akron, Ohio, proposed acquisition of certain assets and assumption of the deposit liabilities of the Canton, Ohio, and Hartsville, Ohio, branches of The Citizens Banking Company, Salineville, Ohio — report on competitive factors. Submitted, January 15, 1991. Richmond Bank 2000, National Association, McLean, Virginia, proposed merger with Bankstar, National Association, Reston, Virginia — report on competitive factors. Submitted, January 14, 1991. Chicago Deerfield Federal Savings and Loan Association, Deerfield, Illinois, proposed merger with Interim Federal Savings and Loan Association — report on competitive factors. Submitted, January 18, 1991. Chicago Great Lakes Bancorp, A Federal Savings Bank,.Ann Arbor, Michigan, proposed acquisition of two branches of First Federal of Michigan, Detroit, Michigan — report on competitive factors. Submitted, January 18, 1991. Philadelphia Guardian Savings and Loan Association, Atlantic City, New Jersey, proposed merger with Cape Savings Bank, SLA, Cape May Court House, New Jersey — report on competitive factors. Submitted, January 18, 1991. H.2 JANUARY 14, 1991 PAGE 8 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS San Francisco Key Bank of Idaho, Boise, Idaho, proposed merger with Treasure Valley Bank, Fruitland, Idaho — report on competitive factors. Submitted* January 18; 1991. Chicago Midwest Bank and Trust Company; Elmwood Park; Illinois; proposed merger with Midwest Bank & Trust Company of Chicago; Chicago; Illinois — report on competitive factors. Submitted; January 15; 1991. Kansas City Nebraska State Bank, South Sioux City; Nebraska; proposed acquisition of certain assets and assumption of the deposit liabilities of the South Sioux City branch of FirsTier Bank; N.A.; Omaha; Nebraska — report on competitive factors. Submitted; January 15; 1991. Philadelphia Ocean National Bank; Point Pleasant Beach; New Jersey; proposed purchase of the assets and assumption of the liabilities of 0 & T Interim Federal Savings Bank; Chatham; New Jersey; and Anchor Savings Bank; FSB; Hewlett; New York — report on competitive factors. Submitted; January 18; 1991. Kansas City Security National Bank; Laurel; Nebraska; proposed merger with Security State Bank; Allen; Nebraska — report on competitive factors. Submitted; January 18; 1991. Philadelphia Summit Bancorporation; Chatham; New Jersey; proposed acquisition of 0 & T Interim Federal Savings Bank; and the transfer of the Mercerville and Deal; New Jersey; branches from Anchor Savings Bank; FSB, Northport, New York, to The Trust Company of Princeton, Princeton, New Jersey, and Ocean National Bank, Point Pleasant, New Jersey, respectively — report on competitive factors. Submitted, January 17, 1991. H.2 JANUARY 14, 1991 PAGE 9 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Philadelphia Trust Company of Princeton, Princeton, New Jersey, proposed purchase of certain assets and assumption of certain liabilities of the Mercerville branch of Anchor Savings Bank, FSB — report on competitive factors. Submitted, January 18, 1991. EXTENSIONS OF TIME Richmond Central Fidelity Bank, Richmond, Virginia — extension to September 15, 1991, to establish a branch at the northeast intersection of West Main Street and Spartan Drive, Salem, Virginia. Granted, January 14, 1991. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain properties. Granted, January 16, 1991. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain properties. Granted, January 17, 1991. San Francisco Mitsui Taiyo Kobe Bank, Limited, Tokyo, Japan — extension to May 7, 1991, to acquire shares of Financial Services System, Inc., San Diego, California, and SPFSS, Inc. Granted, January 14, 1991. Philadelphia Commonwealth Bank 8 Trust Company, N.A., Williamsport, Pennsylvania — to become a member of the Federal Reserve System. Approved, January 18, 1991. Chicago Royal American Bank, Inverness, Illinois — a member of the Federal Reserve System. Approved, January 15, 1991. MEMBERSHIP to become H.2 ADDITIONS AND CORRECTIONS JANUARY 14, 1991 PAGE 10 TO JANUARY 19, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Atlanta HomeBanc Corporation, Guntersville, Alabama — to engage de novo in credit related insurance through Valley Finance, Inc. Returned, December 10, 1990. RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of San Francisco — computer equipment. Approved, January 11, 1991. to purchase FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period E nding Date Application NONE S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Application NONE S E C T I O N III - A P P L I C A T I O N S S U B J E C T T O FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Application NONE S E C T I O N IV ~ A P P L I C A T I O N S N O T S U B J E C T T O FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE *Subject to CRA Federal Reserve Bank of New York Garment Period Ending Date SECTION I Applications Subject to Newspaper ____________ Notice Only__________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Noribanking Applications (Subject to Federal Register Notice Only) None. SECTION IV Applications Not Involving ______ Public Comment______ None. 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. N/A - Not Available Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date United National Bancorp., Chambersburg, PA change in bank control notice filed by Lewis R. Frame, Sr. Newspaper: Federal Register: 1/29/91** 1/29/91 ** Please note that the newspaper notice comment period expires on 1/29/90; and the date (2/8/91) stated in the last week's applications bulletin is incorrect. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date Fulton Financial Corporation. Lancaster, PA to acquire 100% of Great Valley Savings Association, Reading, PA, 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. 1/ * Subject to provisions of Community Reinvestment Act. N/A - not yet available. Federal Reserve Bank of Cl e v e l a n d Applications Bulletin For Week Ending January 19, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * # N F - Subject to CRA E x p e c t e d t o e n d a p p r o x i m a t e l y 30 d a y s Newspaper Comment Period Federal Register Comment Period from the date of receipt Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date First Virginia Bank of Tidewater, Norfolk Virginia, to establish an EFT facility at Norfolk International Airport, Norfolk, Virginia.* 2-14-91 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None. Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. *Application is subject to CRA. Federal R e s e r v e Bank of A t l a n t a A p p l i c a t i o n s Bulletin for W e e k E n d i n g J a n u a r y Section I - Applications 18. 1991 Subject to N e w s p a p e r N otice Only Application S o u t h T r u s t B a n k of A t l a n t a 0 1 - 1 2 - 9 1 (CRA) Roswell, Georgia Newspaper To e s t a b l i s h a b r a n c h o f f i c e at 3020 B u f o r d Highway, Atlanta, G e o r g i a , t o b e k n o w n as t h e B u f o r d H i g h w a y b r a n c h o f f i c e . S e c t i o n II - A p p l i c a t i o n s S u b j e c t T o B o t h Newspaper and Federal Register Notice Application Comment Period Ending Date Mountain Holding Corporation Tucker, G e o r g i a 1-BHC formation, M o u n t a i n National Tucker, Georgia. Bank, T i f t o n Banks, Inc. Tifton, G e o r g i a 1-BHC formation, T i f t o n B a n k & Tru s t Company, Tifton, Georgia. The Prosperity Banking Company Saint Augustine, Florida 1 - B H C f o r m a t i o n , P r o s p e r i t y B a n k of S a i n t Augustine, Sai n t Augustine, Florida. Section III - Applications Subject to Federal Register Notice Only Application S y n o v u s F i n a n c i a l Corp. Columbus, Georgia A l o n g w i t h T B & C B a n c s h a r e s , Inc., C o l u m b u s , Georgia, to acquire Citizens Federal Savings a n d L o a n A s s o c i a t i o n o f Rome, Rome, G e o r g i a , p u r s u a n t t o S e c t i o n 2 2 5 . 2 5 ( b ) ( 9 ) of R e g u l a t i o n Y. Federal Reserve Bank of Chicago IZEe Merger/ Branch Section I - Applications Subject to Newspaper Notice Only Ccmnent Period Ending nate Application PrimeBank, Federal Savings Bank Grand Rapids, Michigan First of America Bank-Muskegon Muskegon, Michigan Apple Avenue, 2424 E. Apple Avenue Muskegon, Michigan Broadway-Henry, 821 Nest Broadway Muskegon, Michigan Cascade, 5601 28th Street SE Grand Rapids, Michigan Cloverville, 3035 Heights Ravenna Road Muskegon, Michigan Custer, 2335 E. State Custer, Michigan East Ludington, 5835 Nest U.S. 10 TAldington, Michigan Eastbrook, 3415 Lake Eastbrook Boulevard Grand Rapids, Michigan Fruitport, 6448 Airline Road Fruitport, Michigan Grand Haven, 1011 Robbins Road Grand Haven, Michigan Hart, 209 E. Polk Road Hart, Michigan Holton Road, 2351 Holton Road Muskegon, Michigan Industrial Park, 1453 E. Laketon Muskegon, Michigan Kentwood, 1949 44th Street SE Grand Rapids, Michigan Loan Center, 3251 Henry Street Muskegon, Michigan Ludington, 130 E. Ludington Avenue Ludington, Michigan Main Office, 335 Muskegon Mall Muskegon, Michigan Monroe Center, 99 Monroe Center NN Grand Rapids, Michigan Northside, 1375 Whitehall Road North Muskegon, Michigan Norton Avenue, 878 N. Norton Avenue Muskegon, Michigan Peck Street, 1070 Peck Street Muskegon, Michigan White lake, 119 S. Hears Avenue Whitehall, Michigan* N - 11-29-90 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only Continued^ Comment Period Type Application Merger/ Branch PrimeBank, Federal Savings Bank N - 11-29-90 Grand Rapids, Michigan First of America Bank-Holland, N.A. Holland, Michigan Consumer Loan Center, 1 South Waverly Road Holland, Michigan Holland Main Office, 1 West 8th Street Holland, Michigan Hope College, Dewitt Center, 12th/Columbia Avenue Holland, Michigan James Street, 12353 James Street Holland Township, Michigan Lakewood Plaza, 190 W. Lakewood Boulevard Holland Township, Michigan Lincoln Avenue, 829 Lincoln Avenue Holland, Michigan South Washington, 978 South Washington Avenue Holland, Michigan* Membership PrimeBank, Federal Savings Bank Grand Rapids, Michigan To become a member of the Federal Reserve System* N Blanch Citizens Commercial & Savings Bank Flint, Michigan 700 E. Big Beaver Road Troy, Michigan* N - 2-2-91 Ending Date - 11-29-90 Federal Reserve Bank of Chicago Rerrhlon TT - Aoplications Subject to Botl Newspaper and Federal Register Notice Comment Period RnHinq nate Tae§ Application Y-l Pilot Grove Savings Bank Employee Stock Ownership Plan Pilot Grove, Iowa Pilot Bancorp, Inc. Pilot Grove, Illinois Pilot Grove Savings Bank Pilot Grove, Illinois* Y-l FR - 1-30-91 Agri Bancorporation N - 1-26-91 Webster City, Icwa Agri-Bank Corporation Webster City, Icwa The Fanners National Bank of Webster City Webster City, Iowa* Y-l Mid-America National Bancorp, Inc. Chicago, Illinois Security Chicago Corp. Chicago, Illinois First Security Bank of Chicago Chicago, Illinois First State Bancorp of Princeton Princeton, Illinois First State Bank of Princeton Princeton, Illinois First Bank and Trust Company Gridley, Illinois Mid-America National Bank of Chicago Chicago, Illinois* FR - 2-12-91 N - 11-24-90 CoC-IE (24B Bancorporation Grundy Center, Iowa (21B Bancorporation Employee Stock Grundy Center, Icwa FR - 1-29-91 N - ** Y-2 Liberty Bancorporation Durant, Iowa Bennett Bancshares, Inc., Bennett, Iowa Bennett State Bank, Bennett, Iowa* FR - 1-28-91 N - 1-25-91 Y-2 Valley Banc Services Corp. St. Charles, Illinois Anchor Bank (in organization) Lake Villa, Illinois* FR - 2-15-91 N - 1-25-91 FR - 1-10-91 N - 12-21-90 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Ending n » t e T£B§ Application CoC-HC Valley Bancarparation Appleton, Wisconsin Valley Bancarparation Thrift and Sharing Plan Appleton, Wisconsin Valley Bank, American Madison, Wisconsin Valley Western Bank Appleton, Wisconsin Valley Bank, Northeast Green Bay, Wisconsin Valley Bank, Janesville Janesville, Wisconsin Valley Bank, Southwest Spring Green, Wisconsin Valley Bank, Menanonie Menamonie, Wisconsin Valley Bank Southeast Hartland, Wisconsin Valley Bank Thiensville Mequon Thiensville, Wisconsin Valley Bank of Shawano, N.A. Shawano, Wisconsin Valley First National Bank Rhinelander, Wisconsin Valley Bank of Kewaskum Kewaskum, Wisconsin Valley Bank of Oshkosh Oshkosh, Wisconsin Valley First National Bank of Beaver Dam Beaver Dam, Wisconsin Valley Bank, South Central, N.A. Watertown, Wisconsin Valley First National Bank of Ripan Ripon, Wisconsin Valley Bank, Milwaukee Greenfield, Wisconsin FR - 1-22-91 N - 1-2-91 Y-l Gcmnunity Bancshares, Inc. Noblesville, Indiana Sumnitville Bank and Trust Co. Summitville, Indiana* FR - 2-7-91 N - ** Y-l FSB Bancorp Wever, Iowa Farmers Savings Bank Wever, Iowa* FR - 2-4-91 N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Comment Period Application E n d in g n a te Y-l First National Bancorporation of Stoughton, Inc Stroughton, Wisconsin The First National Bank of Stoughton Stoughton, Wisconsin* FR - ** N - ** Y-l KSB Financial, Inc. Kingston, Michigan The Kingston State Bank Kingston, Michigan* FR - ** N - ** Y-l Caledonia Financial Corporation Caledonia, Michigan State Bank of Caledonia Caledonia, Michigan* FR - ** N - ** Section III - Applications Subject to Federal Register Notice Only Comment Period Ending nate Application Y-4 Valley Financial Services, Inc. Mishawaka, Indiana Northern Indiana Savings Association F.A. Chesterton, Indiana FR - 1-28-91 4(c) (8) Marshall & Ilsley Corporation Milwaukee, Wisconsin M&I Data Services, Inc. Milwaukee, Wisconsin FR - 1-29-91 Y-4 Northern States Financial Corporation Waukegan, Illinois First Federal Bank, FSB Waukegan, Illinois FR - 2-4-91 Y-4 First of America Bank Corporation FR - 2-7-91 Kalamazoo, Michigan First of America Information Systems, Inc. Peoria, Illinois Y-4 Ccmnunity Bancshares, Inc. Ncblesville, Indiana Lapel, Indiana, Branch Colonial Central Savings Bank, F.S. Mt. Clemens, Indiana FR - 2-7-91 Federal Reserve Bank of Chicago SECTION IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application RoS Pinnacle Banc Group, Inc. Oak Brook, Illinois To purchase 84,079 shares of its cannon stock N FR * ** _ _ Newspaper Federal Register Subject to Provisions of Carmunity Reinvestment Act Not available at this tuna January 18, 1991 Federal Reserve Bank of St. Louis SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period * Section 9 of the Federal Reserve Act application by The Citizens Bank, Batesville, Arkansas to establish a branch at 3150 Harrison Street, Batesville, Arkansas (Not available) SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Section 4(c)(8) application by Grenada Sunburst System Corporation, Grenada, Mississippi, to engage, de novo through Sunburst Financial Group, Inc., Jackson, Mississippi, in full service brokerage and riskless principal activities (Not available) SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None.* * This application is subject to CRA. 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 Application Comment Period Ending Date Charles Wangensteen and John Wangensteen To increase their ownership interest collectively from 9.96% to 10.36% of the voting shares of Chisholm Bancshares, Inc., Chisholm, MN 1-22-91 (Federal Register) Anthony R. Baraga To increase his ownership interest from 8.72% to 10.98% of the voting shares of Merchants & Miners Bankshares, Inc., Hibbing, MN Not yet available Citizens Bancorp, Inc. Morris, MN To acquire 100% of the Citizens Bank of Morris Morris, MN* 2-12-91 (Federal Register) Mary Vezzetti To increase ownership interest from .5% to 15.9% of Citizens Bancshares, Inc., Ontonagon, MI Not yet available 401, Inc. Huron, SD To acquire, via merger, 100% of First Bancorp, Inc., Huron, SD, a multibank holding company owning First Western Bank, Custer, SD; First Western Bank, Sturgis, SD; First Western Bank, Wall, SD Not yet available *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued) Application United Banks of Colorado, Inc. Denver, CO To acquire 100% of the following Colorado banks: United Bank of Boulder, N.A., Boulder; United Bank of Colorado Springs, N.A., Colorado Springs; United Bank of Denver, N.A., Denver; United Bank of Fort Collins, N.A., Fort Collins; United Bank of Greeley, N.A., Greeley; United Bank of Montrose, N.A., Montrose; United Bank of Steamboat Springs, N.A., Steamboat Springs; United Bank of Sterling, N.A. , Sterling; United Bank of Grand Junction - Downtown, N.A., Grand Junction; United Bank of Brighton, N.A., Brighton; United Bank of Aurora, N.A., Aurora; United Bank of Ignacio, N.A., Ignacio; United Bank of Pueblo, N.A., Pueblo; United Bank of Littleton, N.A. , Littleton; United Bank of Broomfield, N.A. , Broomfield; United Bank of Sunset Park, N.A. , Pueblo; United Bank of Lakewood, N.A., Lakewood; United Bank of Northglenn, N.A. , Northglenn; United Bank of Lasalle, N.A., Lasalle; United Bank of Grand Junction, N.A., Grand Junction; United Bank of Delta, N.A., Delta; United Bank of Bear Valley, N.A., Denver; United Bank of Colorado Springs - East, N.A., Colorado Springs; United Bank of Southglenn, N.A. , Arapahoe County; United Bank of Longmont, N.A. , Longmont; United Bank of Durango, N.A, Durango; United Bank of Skyline, N.A., Denver; United Bank of Buckingham Square, N.A., Aurora; United Bank of Monaco, N.A. , Denver; United Bank of Garden of the Gods, N.A. , Colorado Springs; United Bank of Arvada, N.A., Arvada; United Bank of Fort Collins - South, N.A. , Arvada; United Bank of Arapahoe, N.A., Englewood; United Bank of Southwest Plaza, N.A., Jefferson County; United Bank of Cherry Creek, N.A., Denver; United Bank of Highland Ranch, N.A., Highland Ranch; United Bank of Academy Place, N.A., Colorado Springs; United Bank of Aurora City Center, N.A., Aurora; United Bank of Aurora - South, N.A. , Aurora; United Bank of Westminster, N.A. , West minister.* ^Subject to CRA Comment Period Ending Date Not yet available FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Commercial Banshares, Inc. Mitchell, SD To acquire Spectrum Life Insurance Company, Mitchell, SD Not yet available 401, Inc. Huron, SD To engage in general insurance agency activities through the acquisition of First Western Agency, Inc. Not yet available Martinius Corporation Rogers, MN To engage de novo in making or purchasing loans. Not yet available Norwest Corporation Minneapolis, MN To engage in the activities of securities brokerage and underwriting and dealing in government obligations and money market instruments through the acquisition of UBC Investment Corp., Denver, CO and the bond department of United Bank of Denver, N.A., Denver, Co. Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. Federal Reserve Bank of Kansas City S E C T I O N I - A P P L I C A T I O N S SUBJECT TO N E W S P A P E R N O T I C E O N L Y APPLICATION COMMENT PER I O D ENDING DATE None. S E C T I O N II - A P P L I C A T I O N S SUBJECT T O B O T H N E W S P A P E R A N D F E D ERAL R E G I S T E R N O T I C E C O M M E N T P E R I O D E N D I N G DA T E APPLICATION F i r s t of Fort Morgan, Inc., Fort M o r g a n , Color a d o , for prior approval to a c q u i r e 100 p e r c e n t of the voting s h a r e s of F i r s t N a t i o n a l Bank of S t e r l i n g , Sterling, C olorado, and F i r s t N a t i o n a l Bank of Holyoke, Holyoke, C o l o r a d o . * SECTION Not A v a i l a b l e III - A P P L I C A T I O N S S U B JECT TO FEDERAL R E G I S T E R APPLICATION N O T I C E ONLY COMMENT PERIOD ENDING DA T E None. S E C T I O N IV - A P P L I C A T I O N S N O T SUBJECT TO F E D E R A L R E G I S T E R N O T I C E O R N E W S P A P E R NOT I C E APPLICATION None. *Application is s u b ject to C R A FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 14, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP *Section 9 application received from Silsbee State Bank, Silsbee, TX, to establish a branch at Hwy. 96 South & Allen, Lumberton, TX 91/02/14 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Mark Alan Workman, and David Don Workman, Lubbock, TX, to acquire an interest in Caprock Bancshares, Inc., Shallowater, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION None. * SUBJECT TO CRA. ** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY. N/A - NOT AVAILABLE AT THIS TIME. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 1/18/91 Section I - Applications Subject to Newspaper Notice Only A d d Iication Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Philip J. Rocco, Santa Ana, California, to acquire up to 24.9 percent of Orange Bancorp, Fountain Valley, California. Fed. Reg.: Not available Newspaper: 2/08/91 Section III - Applications Subject to Federal Register Notice Only Banque Nationale de Paris, Paris, France, to engage in investment advisory services and riskless principal services through BAII Capital Markets, Inc., New York, New York. Fed. Reg.: Not yet published Western Security Bancorp, Burbank, California, to engage de novo in trust activities through Oakmont Escrows, Inc., Toluca Lake, Cal ifornia. Fed. Reg.: 2/12/91 Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Subject to CRA.
@FedFRASER