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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1990/ No. 3
Actions of the Board/ its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending January 20/ 1990

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADVISORY COUNCILS

Thrift Institutions Advisory Council — appointment
of five new members and designation of Donald B.
Shackelford as President and Marion 0. Sandler as
Vice President.
Announced/ January 19/ 1990.

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; F0MC - Federal Open Market Committee; FRB0 - Federal Reserve
Bank Operations; GC * General Counsel; IF - International Finance; OSDM - Office
of Staff Director for Management
BANK BRANCHES. DOMESTIC

Philadelphia

Meridian Bank/ Reading/ Pennsylvania — to establish
an offsite electronic banking facility at the York
Memorial Hospital/ 325 South Belmont Avenue/ York/
Pennsylvania.
Approved/ January 16/ 1990.

BANK HOLDING COMPANIES




Richmond

CB&T Financial Corp. Fairmont/ West Virginia — to
engage de novo nationwide in providing securities
brokerage services through CB&T Investor Services/
Inc.
Approved/ January 16/ 1990.

Kansas City

Chrisman - Sawyer Bancshares/ Inc./ Independence/
Missouri — to acquire First City Bank.
Approved/ January 19/ 1990.

New York

Community Bank System/ Inc./ De Witt/ New York —
engage in commercial lending activities.
Permitted/ January 16/ 1990.

Chicago

Fidelity Financial Corporation of Michigan/
Birmingham/ Michigan — to engage de novo in
lending activities.
Permitted/ January 17, 1990.

to

H.2
JANUARY 15, 1990
PAGE 2

TO

JANUARY 20, 1990

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Secretary

First Commercial Corporation, Little Rock, Arkansas
— to acquire ABT Bancshares Corporation, Hot
Springs, Arkansas, and Arkansas Bank and Trust
Company.
Approved, January 16, 1990.

Secretary

Mid - South Bancorp, Inc., Franklin, Kentucky — to
acquire General Trust Company, Nashville,
Tennessee, and engage in trust company activities.
Approved, January 19, 1990.

Kansas City

Northern Missouri Bancshares, Inc., Unionville,
Missouri — to acquire Harrison County Bancshares,
Inc., Bethany, Missouri, and First National Bank of
Bethany, and to engage in insurance agency and
securities brokerage activities.
Approved, January 18, 1990.

St. Louis

Sebastian Bankshares, Inc., Barling, Arkansas —
engage de novo in lending activities through
Citizens Mortgage Company, Inc.
Permitted, January 19, 1990.

Cleveland

Star Banc Corporation, Cincinnati, Ohio — to engage
de novo in making equity investments in limited
partnerships designed to promote community welfare
through rehabilitation of housing for low and
moderate income people.
Permitted, January 20, 1990.

to

BANK MERGERS




Cleveland

Ohio Citizens Bank, Toledo, Ohio, proposed merger
with the Fremont, Ohio, office of Diamond Savings
and Loan Company, Findlay, Ohio.
Approved, January 19, 1990.

H.2
JANUARY 15, 1990
PAGE 3

TO

JANUARY 20, 1990

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK PREMISES
Cleveland

Ohio Citizens Bank, Toledo, Ohio —
bank premises.
Approved, January 19, 1990.

investment in

CAPITAL STOCK
Minneapolis

Peoples Bankshares, Inc., Mora, Minnesota —
redemption of shares.
Approved, January 16, 1990.

CHANGE IN BANK CONTROL
Dallas

Community Bancorporation, Inc., Bellville, Texas —
change in bank control.
Permitted, January 17, 1990.

COMPETITIVE FACTORS REPORTS




San Francisco

Central Bank, Walnut Creek, California, proposed
merger with Bank of the West, San Francisco,
California — report on competitive factors.
Submitted, January 16, 1990.

Dallas

First National Bank of Athens, Athens, Texas,
proposed merger with First State Bank, Eustace,
Texas — report on competitive factors.
Submitted, January 19, 1990.

Chicago

First National Bank of
proposed merger with
Marengo — report on
Submitted, January 19,

Minneapolis

First National Bank South, Grand Forks, North Dakota,
proposed merger with First National Bank in Grand
Forks — report on competitive factors.
Submitted, January 18, 1990.

Chicago

First of America Bank - Ottawa, Ottawa, Illinois,
proposed merger with The DeKalb Bank, National
Association, DeKalb, Illinois — report on
competitive factors.
Submitted, January 19, 1990.

Marengo, Marengo, Illinois,
The Second National Bank of
competitive factors.
1990.

H.2
JANUARY 15, 1990
PAGE 4

TO

JANUARY 20, 1990

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
San Francisco

Home Fed Bank, Federal Savings Bank, San Diego,
California, proposed merger with Antelope Valley
Savings and Loan Association, Lancaster, California
— report on competitive factors.

Submitted, January 19, 1990.
Chicago

Shelby State Bank, Shelby, Michigan, proposed merger
with New Shelby Bank — report on competitive
factors.
Submitted, January 19, 1990.

Cleveland

Society Bank, National Association, Dayton, Ohio,
proposed purchase of certain assets and assumption
of the liabilities of three branch offices of
Trustcorp Bank, Ohio, Toledo, Ohio — report on
compet it ive factors.
Submitted, January 15, 1990.

Cleveland

Society Bank, Columbus, Ohio, proposed merger with
Society Bank, National Association, Dayton, Ohio —
report on competitive factors.
Submitted, January 16, 1990.

San Francisco

Temecula National Bank, Temecula, California,
proposed purchase of assets and assumption of the
liabilities of the Rancho, California branch of
Escondido National Bank, Escondido, California —
report on competitive factors.
Submitted, January 19, 1990.

EXTENSIONS OF TIME




San Francisco

First Interstate Bancorp, Los Angeles, California —
extensions to divest certain properties.
Granted, January 18, 1990.

Chicago

First of America Bank - Central, Lansing, Michigan —
extension to September 13, 1990, to establish a
branch at the intersection of Okemos and Jolly
Road, Meridian Township, Michigan.
Granted, January 19, 1990.

H.2
JANUARY 15, 1990
PAGE 5

TO

JANUARY 20, 1990

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

EXTENSIONS OF TIME




Richmond

First Virginia Bank - Colonial, Richmond, Virginia —
extension to August 6, 1990, to establish a branch
at the northwest corner of Gaskins Road and Broad
Street, Glen Allen, Virginia.
Granted, January 16, 1990.

Kansas City

Kaw Valley Bancshares, Inc., Kansas City -- extension
to divest certain property.
Granted, January 18, 1990.

Dallas

Tomball National Bancshares, Inc., Tomball, Texas,
and Tomball Capital Corporation, Wilmington,
Delaware — extension to April 20, 1990, to acquire
Tomball National Bank, Tomball, Texas.
Granted, January 16, 1990.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUR7FCT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date

Application
NONE

SECTION II - APPLICATIONS SUBJECT 70 BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

Ccrnnent Period Ending Date

Cheshire Financial
Corporation, Keene, New
Hampshire - 3(a)(3)
application to acquire
Village Savings Bank,
Greenville, New Hampshire

Newspaper

Not Yet Established

Federal Register

Not Yet Established

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Comment Period Ending Date

Application
NONE

SECJ.TON IV - APPLICATIONS MOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Coimtent Period Ending Date

Application
NONE
^Subject to CPA




Federal Reserve Bank of New York
Comment 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
Nonbariking Applications
(Subject to Federal Register Notice Only)

Citicorp, New York, New York to acquire the shares
of American Financial Systems, Inc., Haverford,
Pennsylvania and thereby to engage in data processing
activities.

2/1/90

Banca Commerciale Italiana S.p.A., Milan, Italy to
engage through its subsidiary, BCI Capital Corporation,
New York, New York, in securities brokerage and
investment and financial advisory services.

N/A

BankAmerica Corporation, San Francisco, California,
Bankers Trust New York Corporation, New York, New York,
The Bank of New York Company, Inc., New York, New York,
The Chase Manhattan Corporation, New York, New York,
Chemical Banking Corporation, New York, New York,
Citicorp, New York, New York, Continental Bank
Corporation, Chicago, Illinois, First Chicago
Corporation, Chicago, Illinois, The Hongkong and Shanghai
Banking Corporation ltd., Hong Rang, Kellett N.V.,
Curacao, Netherlands Antilles, HSBC Holding B.V.,
Amsterdam, the Netherlands, Marine Midland Banks Inc.,
New York, New York, J.P. Morgan & Co. Incorporated,
New York, New York, Manufacturers Hanover Corporation,
New York, New York, Midland Bank pic, London, England,
Westpac Banking Corporation, Sydney, Australia, The Fuji
Bank, Limited, Tokyo, Japan, The Long Term Credit Bank,
Tokyo, Japan and The Sanwa Bank Limited, Tokyo, Japan to
acquire indirectly through Liberty Brokerage, Inc., New
York, New York the assets of Market Vision Corporation,



New York, New York and thereby indirectly to engage in
data processing activities.
(This represents an
amendment to the original application.)

1/29/90

SECTION IV
Applications Not Involving
______ Public Comment______
Bankers Trust New York Corporation, New York, New York
to make an indirect investment in Campania de Fensiones
S.A., Campania de Seguros de Vida, Santiago, Chile, a
proposed de novo subsidiary that will engage in certain
life insurance underwriting activities in Chile.

1/
2/
3/

V




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 nay 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 BAN K O F
PHILADELPHIA

Week Ending 1/19/90

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Community Bank of Greater Hazleton, 1/
Hazleton, PA to become a member of the
Federal Reserve System pursuant to
Section 9 of the Federal Reserve Act.

2/14/90

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
Diamond State Bancorp, Dover, DE to 1 /
become a Bank Holding Company by
acquiring Diamond State Bank, N.A.,
Dover, DE pursuant to Section 3(a)(1)
of the Bank Holding Company Act.
Newspaper:
Federal Register:

2/5/90
2/7/90

Fulton Financial Corporation, Lancaster, 1 /
PA to acquire Danville Bank Corporation,
Danville, PA, pursuant to Section 3(a)(5)
of the Bank Holding Company Act.
Newspaper:
Federal Register:

2/12/90
2/8/90

Fulton Financial Corporation, Lancaster, 1 /
PA to acquire First Community Bancorp,
Inc., Nazareth, PA, pursuant to Section
3(a)(5) of the Bank Holding Company Act.
Newspaper:
Federal Register:

2/12/90
2/8/90

Penn Bancshares, Inc. Pennsville, NJ
for Donald L. Masten to own more than
10% of Penn Bancshares, Inc., pursuant
to the Change in Bank Control Act.
Newspaper:
Federal Register:

Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000



1/26/90

*N/A

FEDERAL
RESERVE BA N K O F
PHILADELPHIA
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

Comment Period Ending Date

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

None.

1/

*

Subject to provisions of Community Reinvestment Act.
N/A - not yet available.

Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000




A p plications B u l l e t i n
For W e e k Ending J a nuary 20,

1990

S ECTION I - APPLIC A T I O N S SUBJECT TO N E W S P A P E R
NOTI C E O N L Y
NONE

SECTION II - APPLI C A T I O N S SUBJECT TO BOTH
N E W S P A P E R AND FEDERAL REG I S T E R NOTICE
NONE

SECTION III - A P P L I C A T I O N S SUBJECT TO FEDERAL R E G I S T E R
NOTICE ONLY
APPLICATION
CO M M E N T P E R I O D EN D I N G
R eceived Section 4(c)(8) application on
F ebruary 1, 1990
December 29, 1989 from Banc One Corporation,
Columbus, Ohio, to acquire Meuse, Rinker,
Chapman, Endres & Brooks, Columbus, Ohio.
Received Section 4(c)(8) N o t i f i c a t i o n on
January 16, 1990 from First Financial Bancorp,
Monroe, Ohio, of its intent to engage de novo
in making, acquiring, or servicing loans or
other extensions of credit (including issuing
letters of credit and accepting drafts) for
the company's account or for the account of
others p u r s u a n t to S ection 225.25(b)(1) of
R e g u lation Y.*

*
#
N
F

-

Not Yet Known #

Subject to CRA
Exp e c t e d to end a p proximately 30 days from the date of receipt
Newsp a p e r C o m m e n t Period
Federal Regi s t e r C o mment Period




Applic a t i o n s B u l l e t i n
For W e e k E n d i n g J a n u a r y 20,

1990

SECTION IV - A P P L I C A T I O N S NOT SUBJECT TO FEDERAL REGI S T E R NOTICE
OR N E W S P A P E R NOTICE
NONE *

*
#
N
F

-

Subject to CRA
E x p e c t e d to end approximately 30 days from the date of receipt
N e w s p a p e r Comment Period
Federal R egister Comment Period




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only

Comment Period Ending Date

Application
First Virginia Bank - Damascus, Damascus,
Virginia, for prior approval to merge with
First Virginia Bank of the Cumberlands,
Clintwood, Virginia, with name First Virginia
Bank - Mountain Empire headquartered in
Abingdon, Virginia.*

1-22-90

First Virginia Bank - South Central, Lynchburg,
Virginia, to merge with First Virginia
Bank - South, Danville, Virginia, with the name
of First Virginia Bank - Piedmont, Lynchburg,
Virginia.*

1-19-90

Central Fidelity Bank, Richmond, Virginia,
request for permission to establish a branch
at 6661 Old Dominion Drive, McLean, Virginia.*

2-15-90

Central Fidelity Bank, Richmond, Virginia,
request for permission to establish a branch
at the intersection of Diamond Springs Road
and Wesleyan Drive Extended (Haygood Road),
Virginia Beach, Virginia.*

2-15-90

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

Application

Comment Period Ending Date

Mingo Bancshares, Inc., Gilbert, West
Virginia, for prior approval to become
a bank holding company through the
acquisition of Bank of Mingo, Naugatuck,
West Virginia.*

2-15-90

NCNB Corporation, Charlotte, North Carolina,
for prior approval to acquire Carolina
Mountain Holding Company, Highlands, North
Carolina.*

2-19-90




Section III - Applications Subject to Federal Register Notice

Application

Comment Period Ending Date

Sovran Financial Corporation, Norfolk,
Virginia, to engage de novo in underwriting
and dealing in certain bank-ineligible securities
(i.e., commercial paper, municipal revenue bonds,
mortgage-related securities, and consumer-related
receivables, all as defined in the application) and
engaging in certain incidental activities related
thereto. Sovran will conduct these activities within
the framework and subject to the quantitative
limitations and prudential restrictions, set forth
by the Board in its Orders authorizing bank holding
company subsidiaries to engage in underwriting and
dealing in such bank-ineligible securities, through
its subsidiary, Sovran Investment Corporation,
Richmond, Virginia.

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

Application
None

■^Application is subject to CRA.




2-1-90

Week Ending January 19, 1990

Federal Reserve Bank of Atletnta
Applications Bulletin

Section I - Application Subject to Newspaper Notice Only
First American Bank
Pelham, Alabama
02-03-90 (CRA)
To establish a branch office at the intersection of U.S. Highway 280 and
Shelby County Highway 17, Pelham, Alabama, m an unincorporated area known
as Inverness, to be known as the Inverness Branch.

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

Comment Period Ending Date

Peoples Banking Corporation
Blackshear, Georgia
1-BHC formation, Peoples Bank, Blackshear, Georgia.

Towerbank Corporation
Miami, Florida
1-BHC formation, Key Biscayne Bank and Trust Company, Key Biscayne,
Florida.

BMR Financial Group, Inc.
Atlanta, Georgia
Change in control by James L. Greene to acquire an additional 11.9 percent
of the outstanding shares of cannon stock that will increase his total
percentage ownership to 22.6 percent.

Wayne Bancorp, Inc.
02-13-90
Jesup, Georgia
Newspaper
1-BHC formation, Wayne National Bank, Jesup, Georgia (in organization).

First Ascension Bancorp, Inc.
Gonzales, I<ouisiana
1-BHC formation, First National Bank of Gonzales, Gonzales, louisiana.




Week Ending January IS, 1990

Section III - Application Subject to Federal Register Notice Only
Application
Southern Bancorp, Inc.
Miami, Florida
02-01-90
To engage de novo in making, acquiring, and servicing loans, pursuant to
section 225.25(b)(1) of Regulation Y.

PAB Bankshares, Inc.
Valdosta, Georgia
02-09-90
To engage de novo in providing management consultinc. services to depository
financial institutions and financial institutions in organization through
its wholly-owned subsidiary, American Bank Consultants, Inc., Valdosta,
Georgia, pursuant to section 225.25(b)(11) of Regulation Y.

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Application
Citizens Bancorporation, Inc.
Plaquemine, louisiana
To redeem 217 shares of its outstanding carmen stock.




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Type

Application

Branch

Comerica Bank - Detroit
Detroit, Michigan
1700 Woodward
Bloomfield Hills, Michigan*

N

- **

Merger/

Deland State Bank
Deland, Illinois
National Bank of Monticello
Monticello, Illinois
Main Office - 100 West Washington Street
Monticello, Illinois
220 North Highway Avenue
Deland, Illinois
Market & Center Streets
Monticello, Illinois*

N

- **

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

Type

Application

Y-l

Yale Bancorporation
Yale, Iowa
Farmers State Bank
Yale, Iowa*

FR - 1-26-90
N - 12-31-89

Y-l

Fed One Corp.
Griswold, Iowa
Griswold State Bancshares, Inc.
Griswold, Iowa
Griswold State Bank
Griswold, Iowa*

FR - 12-6-89
N - 2-9-90

Y-l

Bobcat Financial Corp.
New Vienna, Iowa
New Vienna Savings Bank
New Vienna, Iowa*

FR - 1-26-90
N - 12-15-89

CoC

Community Grain Company
Coon Rapids, Iowa
W. C. Hess Trustee for Antonia Lee
Irrevocable Trust

FR - 1-26-90
N - 1-10-90




Federal Reserve Bank of Chicago
Section II - Applications Subject to Bot)
Newspaper and Federal Register Notice
Continued
Comment Period
Ending Date

Type

Application

Y-2

INB Financial Corporation (was Indiana
National Corporation)
Indianapolis, Indiana
CSB, Inc.
Chesterton, Indiana
Chesterton State Bank
Chesterton, Indiana*

FR - 2-1-90
N - 2-4-90

Y-2

F & M Bancorporation, Inc.
Kaukauna, Wisconsin
Bancunion Ccrp.
Lancaster, Wisconsin
Union Bank & Trust
Lancaster, Wisconsin*

FR - 1-26-90
N - **

Y—1

Community Investment Bancorporation, Inc.
Lebanon, Wisconsin
Lebanon State Bank
Lebanon, Wisconsin*

FR - 1-26-90
N - 1-31-90

Y-l

Campbell Group, Ltd.
Worth, Illinois
Southwest Bancorp, Inc.
Worth, Illinois
Mount Greenwood Bank
Chicago, Illinois
The First National Bank of Danville
Danville, Illinois
Worth Bank and Trust
Worth, Illinois
Terrapin Bancorp, Inc.
Elizabeth, Illinois
The Elizabeth State Bank
Elizabeth, Illinois
Rock River Bancorporation
Oregon, Illinois
Rock River Bank
Oregon, Illinois
Scott County Bancorp, Inc.
Winchester, 111inois
First State Bank
Winchester, Illinois
Peotone Bancorp, Inc.
Oregon, Illinois
Rock River Bank
Oregon, Illinois
Peotone Bank and Trust Company
Peotone, 111ino is*

FR - 1-8-90
N - 1-30-90




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Continued

Comment Period
Ending Date

Type

Application

Y-l

Premier Financial Corp.
Elkhart, Indiana
Cromwell Financial Corp.
Cromwell, Indiana
The Cromwell State Bank
Cromwell, Indiana*

Y-2

FR - 2-1-90
West Suburban Bancorp, Inc.
N - **
Lombard, Illinois
LBM Bank (Charter only)
Mascoutah, Illinois
West Suburban Bank of St. Charles (in organization)
St. Charles, Illinois*

Y-2

First Colonial Bankshares Corporation
Chicago, Illinois
American National Bank of DuPage
Downers Grove, Illinois
Burbank State Bank
Burbank, 111inois*

CoC

First State Bancorp of Monticello, Inc.
FR - 2-5-90
Monticello, Illinois
N - 1-17-90
First State Bancorp of Monticello,
Inc. Employee Stock Ownership Plan & Trust
Monticeilo, 111inois

CoC

River Rouge Savings Bank
River Rouge, Michigan
Kenneth Hylton, Sr. & William
Johnson

Y-2

Iowa National Bankshares Corp.
Waterloo, Iowa
Monticello State Bank
Monticello, Iowa*

FR - 2-7-90
N - **

Y-l

Shelby Financial Corporation
Shelby, Michigan
The Shelby State Bank
Shelby, Michigan*

FR 2-7-90
N - 12-18-89

Y-2

FSB Holding Co.
FR - 2-8-90
Kalona, Iowa
n
- **
Cedar Valley Bank & Trust (in organization)
Mount Vernon, Iowa*




FR - 2-1-90
N - 1-31-90

FR - 2-1-90
N - **

FR - 1-26-90
N - **

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

Type

Application

Y-l

Mid-Michigan Bancorp, Inc.
Portland, Michigan
Maynard-Alien State Bank
Portland, Michigan*

FR - **
N - 12-15-89

Y-2

Firstbank of Illinois Co.
Springfield, Illinois
City Bancorp of Bloomington-Normal, Inc.
Bloomington, 111inois
City Bank of Bloomington-Normal
Bloomington, Illinois*

FR - **
N - 1-26-90

Section III - Applications Subject to Federal Register Notice
Onl£
Comment Period
Ending Date

Type

Application

4(c)(8)

Campbell Group, Ltd.
Worth, Illinois
To engage in management consulting
advice

FR - 1-8-90

Y-4

Fed One Corp.
Griswold, Iowa
Cass County Insurance Agency, Inc.
Griswold, Iowa

FR - 12-6-89

Y-4

Irwin Union Corporation
Columbus, Indiana
Affiliated Capital Corporation
Northbrook, Illinois

FR - 1-26-90

Y-4

Premier Financial Corp.
Elkhart, Indiana
Crittson Financial Corporation
Elkhart, Indiana

FR -

4(C)(8)

Astoria Investment Co.
Quincy, Illinois
to act as principal, agent, or broker
for credit insurance issued in relation
to extensions of credit made by Farmers
State Bank & Trust Co., Astoria, Illinois

FR - 2-1-90




2-1-90

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register Notice
Only
Continued
Comment Period
Ending Date

Type

Application

4(c)(8)

Bartonville Investment Co.
FR - 2-1-90
Peoria, Illinois
to act as principal, agent, or broker
for credit insurance issued in relation
to extensions of credit made by Bartonville
Bank, Bartonville, Illinois

4(c)(8)

Hopedale Investment Co.
Peoria, Illinois
to act as principal, agent, or broker
for credit insurance issued in relation
to extensions of credit made by Community
Bank of Hopedale, Hopedale, Illinois

FR - 2-1-90

4(c)(8)

Beverly Bancorporation, Inc.
Chicago, Illinois
Beverly Leasing Corporation
Matteson, Illinois

FR - **

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Central Federal Bank, FSB
Ripon, Wisconsin

FR - **

4(c)(8)

Hasten Bancorp
Indianapolis, Indiana
Hasten Financial Services, Inc.
Indianapolis, Indiana

FR - **

Section IV - Applications Not Subject to Federal Register Notice
Or Newspaper Notice
Type

Application

None

N
FR
*
**

-




Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time

January 19, 1990

Federal Reserve Bank of St. Louis

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

Comment Period Ending Date

Section 3(a)(5) application by FDH
Bancshares, Inc., Little Rock, Arkansas,
to merge with Exchange Bancshares, Inc.,
El Dorado, Arkansas

(Not available)

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Section 4(c)(8) application by FDH
Bancshares, Inc., Little Rock, Arkansas,
to acquire 50% of Consolidated Data
Services, Inc., El Dorado, Arkansas




(Not available)

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

FEDERAL RESERVE BANK OF MINNEAPOLIS

Section I - Applications Subject to
______ Newspaper Notice Only_______
Comment Period
Ending Date

Application
Farmers State Bank
Victor, MT
To establish a de novo branch
in Florence, MT

Not yet available

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

Application
Big Timber Bancorporation, Inc.
Minneapolis, MN
To acquire the First National Bank
of Cut Bank, Cut Bank, MT*
Mid-Wisconsin Financial Services, Inc.
Medford, WI
To acquire the North Holding Company, Inc.
Neillsville, WI*
Cameron Bancorp, Inc.
Cameron, WI
To acquire the Community Bank of Cameron
Cameron, WI*
Robert S. Baker
To increase his ownership to 17.20%
of Minnehaha Banshares, Inc., Sioux
Falls, SD

* Subject to CRA




Comment Period
Ending Date
1-26-90
(Federal Register)

Not yet available

2-20-90
(Newspaper)

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
Janesville Holding Company
Janesville, MN
To engage de novo in making
and servicing loans.

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
First National Corporation
Grand Forks, ND
To redeem up to 11.29% of its
voting shares.
Peoples Bankshares, Inc.
Parshall, ND
To redeem 23.1% of it voting
shares.
Wells-Foster Bank Shares, Inc.
Carrington, ND
To redeem 30% of its voting
shares.




Federal Reserve Bank o f Kansas City

SECTION I - APPLICATIONS SUBJECT TO N E W S P A P E R
NOTICE ONLY
A PPLICATION

COMMENT P E R I O D ENDING DATE

None

SECTION II - APPLICATIONS SUBJECT TO BOT H
NEWSPAPER AND FEDERAL REGISTER N O T I C E
APPLICATION

COMMENT P E R I O D ENDING DATE

First Okmulgee Corporation
Okmulgee, Oklahoma, for prior
approval to increase its
ownership p osition in Fourth
National Corporation, Tulsa,
Oklahoma, parent of The Fourth
National Bank of Tulsa, Tulsa,
Oklahoma, to 14.20 percent.*

N o t Ava i l a b l e

R.S. Baker, Jr. family, Enid,
Oklahoma, for prior approval to
increase their ownership interest
in Central Service Corporation,
Enid, Oklahoma ("Company"), from
16.39 percent to 24.82 percent;
John D. Groendyke, Enid, Oklahoma,
for prior approval to increase
his ownership interest in Company,
from 2.27 percent to 19.13 percent;
John W. Bowers, III, Enid, Oklahoma,
for prior approval to increase his
ownership interest in Company from
.77 percent to 6.69 percent; James
B. and/or Jacqueline M. Cummins,
Enid, Oklahoma, for prior approval
to increase their ownership interest
in Company from 2.59 percent to 8.52
percent; and R. L. Rogers, Enid,
Oklahoma, for prior approval to
increase his ownership interest in
Company from .73 percent to 9.16
percent.

Not Ava i l a b l e




Federal Reserve Bank o f Kansas City

Larry L. Beach, et. al., Warsaw,
Missouri, for prior approval
to increase the i r ownership
interest in Mid-Central Bancorp,
Inc., Warsaw, Missouri, from
71.85 pe r c e n t to 100 percent.

Not Available

George J. Murphy, Jr., Wilmette,
Illinois, for prior approval to
acquire a 97.07 percent ownership
interest in Paonia Financial
Services, Inc., Paonia, Colorado.

Not Available

Putnam County Bancshares, I n c . ,
Unionville, Missouri, for prior
approval to become a bank holding
company t h rough the acquisition
of at least 80 percent of the
voting shares of Putnam County
State Bank, Unionville, Missouri.*

Not Available

Norman L. Nelson, Norton, Kansas,
for pri o r approval to acquire a
41.85 pe r c e n t ownership interest
in N o r t o n Bankshares, Inc.,
Norton, Kansas ("Company"),
N. Ter r y Nelson, Long Island,
Kansas, for prior approval to
acquire a 41.85 percent ownership
interest in Company and Troy D.
Nelson, Lewis, Kansas, for prior
approval to acquire a 9.3 percent
ownership interest in Company.

Not Available

Willie E. and Dorothy L. Brewer,
Bowie, Texas, for prior approval
to acquire a 100 percent ownership
interest in R y a n Bancshares, Inc.,
Ryan, Oklahoma.

January 23,

1990

Richard Lincoln, Linneus, Missouri,
for pri o r approval to increase
his owner s h i p interest in Capital
Bancshares, Inc., Brookfield,
Missouri, from 22.00 percent to
25.07 percent.

January 26,

1990

Pittsburg Bancshares, Inc.,
Pittsburg, Kansas, for prior
approval to become a bank holding
company t h r o u g h the acquisition of
80 pe r c e n t of the voting shares of
City Nat i o n a l Bank of Pittsburg,
P i t t s b u r g , K a n s a s .*

January 26,

1990




Federal Reserve Bank o f Kansas City

States National Bancshares, Inc.,
Palco, Kansas, for prior approval
to become a bank holding company
through the acquisition of 80.05
percent of the voting shares of
The First National Bank, Palco,
K a n s a s .*

J a n u a r y 26,

1990

El Paso Bancshares, Inc., Monument,
Colorado, for prior approval to
acquire 100 percent of the voting
shares of Mid-Continent Corporation,
Inc., Mission Hills, Kansas, parent
of Commercial Bank of Leadville,
Leadville, Colorado.*

F e b r u a r y 1, 1990

HNB Corporation, Arkansas City,
Kansas, for prior approval to
acquire 55.87 percent of the voting
shares of The First National Bank
and Trust Company, Ponca City,
O k l a h o m a .*

F e b r u a r y 1,

Herman C. Meinders, Oklahoma City,
Oklahoma, for prior approval to
increase his ownership interest
in Jefferson Bank & Trust,
Lakewood, Colorado, from 17 percent
to 25.9 percent.

F e b r u a r y 6, 1990

First Place Financial Corporation,
Farmington, New Mexico, for prior
approval to acquire 100 percent of
the voting shares of Burns National
Bank, Durango, Colorado.*

Feb r u a r y 8, 1990

1990

SECTION III ~ APPLICATIONS SUBJECT TO FE D E R A L R E G I S T E R
NOTICE ONLY
APPLICATION
Midstate Bancorp, Hinton,
Oklahoma, for prior approval
to engage de novo in full
pay-out personal and real
p roperty leasing.




COMMENT P E RIOD ENDING DATE
Not A v a i l a b l e

Federal Reserve Bank o f Kansas City

M idstate Bancorp, Hinton,
for p r i o r approval to engage
de novo in making, acquiring,
and/or servi c i n g loans for
itself or for others of the
type m a d e by a mortgage company.

Not A v a ilable

First of M c A l e s t e r Corporation,
McAlester, Oklahoma, for prior
approval to engage de novo in
making, acquiring, and/or servicing
loans for itself or for others.

Not Available

Norton Bankshares, Inc., Norton,
Kansas, for pri o r approval to
acquire the assets of Rouse
Insurance Agency, Norton, Kansas,
and t h e reby engage in selling
credit life, disability, or
involuntary unemployment insurance
and insurance agency activities in
a town of less than 5,000 persons.

Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGI S T E R N O T I C E
OR NEWSPAPER NOTICE
APPLICATION
N o rton Bankshares, Inc., Norton,
Kansas, for prior approval to
redeem 207,417 shares of its own
voting c o mmon capital stock.

♦Appli c a t i o n is subject to CRA.



FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 15, 1990

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

** NOTICE EXP

*Section 3(a)(1) application by
Globalshare, Limited, Road Town, Tortola, British Virgin
Islands, to acquire El Paso Financial Corporation,
Wilmington, DE, and El Paso State Bank, El Paso, TX

90/02/02

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 1/19/90

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
The Jay Newlin Trust, Des Moines, Iowa, to
increase ownership of Founders Bancorp,
Scottsdale, Arizona, from 9.66 to 12.88
percent.

Newspaper:

Not available

Fed. Rea.:

1/26/90

Santa Barbara Bank and Trust Employee Stock
Ownership Plan to increase ownership from
7.9 up to 13.5 percent of Santa Barbara
Bancorp, Santa Barbara, California.

Newspaper:

2/12/90

Fed. Rea.:

2/06/90

Mission Valley Bancorp, Pleasanton,
California, to acquire Concord Commercial
Bank, Concord, California.

Newspaper:

2/20/90

Fed. Rea.:

Not available

Section III - Applications Subject to Federal Register Notice Only
None

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

* Subject to CRA.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102