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H.2, 1990, No. 1

ANNOUNCEMENT

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending January 6, 1990

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BOARD OPERATIONS
Office of Staff Director for Management -appointment of William C. Schneider, Jr., as
Project Director of the National Information
Center.
Approved, January 3, 1990.

RESEARCH LIBRARY

FORMS
Application form for Employment with the Board of
Governors of the Federal Reserve System —
extension.
Approved, January 4, 1990.

§B

Request for Proposal and Request for Price Quotations
-- extension.
Approved, January 4, 1990.

•5S33C

co

CSJ

IC&S
LU TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
ER&.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; GC - General Counsel; IF - International Finance; OSDM - Office
of Staff Director for Management

BANK BRANCHES, DOMESTIC




Richmond

Central Fidelity Bank, Richmond, Virginia — to
establish a branch at 1005 North Glebe Road, Suite
100, Arlington, Virginia.
Approved, January 4, 1990.

Chicago

First Chicago Bank of Lincoln Park, Chicago, Illinois
-- to establish a branch at 2170 N. Clybourn
Avenue.
Approved, January 2, 1990.

San Francisco

Harris Trust Bank of Arizona, Scottsdale, Arizona -to establish a branch at the Promenade, 10001 West
Bell Road, Sun City, Arizona.
Approved, January 1, 1990.

Philadelphia

Meridian Bank, Reading, Pennsylvania -- to establish
an offsite electronic banking facility at the
University City Thriftway, 43rd and Walnut Streets,
Philadelphia, Pennsylvania.
Approved, January 2, 1990.

H.2

JANUARY 1, 1990
PAGE 2

TO

JANUARY 6, 1990

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

BANK HOLDING COMPANIES




Staff Director
BS&R

BancShares Corporation, St. Rose, Louisiana —
transfer agent registration.
Withdrawn, January 2, 1990.

Cleveland

Colonial Banc Corp., Eaton, Ohio — to engage de novo
in tax preparation activities through Financial
Services, Inc.
Permitted, January 4, 1990.

Chicago

FIB Acquisition, Inc., Kohler, Wisconsin — to
acquire by merger First Illini Bancorp, Inc.,
Galesburg Illinois, and Abingdon Bank and Trust
Company, Canton, Illinois, First Galesburg National
Bank and Trust Company, Galesburg, Illinois, and
Madison Park Bank, Peoria, Illinois.
Returned, January 2, 1990.

New York

First New York Business Bank Corp., New York, New
York — to engage de novo nationwide in data
processing and data transmission services through
FNY Data Processing, Inc.
Permitted, January 3, 1990.

Chicago

First State Bancorp of Monticello, Inc., Monticello,
Illinois — to acquire Busey Bank of McLean County,
Heymouth, 111ino is.
Approved, January 2, 1990.

Cleveland

FNB Shares, Inc., McConnelsville, Ohio — to engage
de novo in establishing an electronic data
processing disaster recovery center.
Permitted, January 6, 1990.

Chicago

GreenwoodTs Bancorporation, Inc., Lake Mills,
Wisconsin — to engage de novo in general insurance
agency activities through Greenwood1s Financial
Services, Inc.
Permitted, January 2, 1990.

Richmond

Piedmont Bancshares Corporation, Winston - Salem,
North Carolina — to acquire Enterprise National
Bank of the Piedmont.
Approved, January 3, 1990.

H.2
JANUARY 1, 1990
PAGE 3

TO

JANUARY 6, 1990

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

BANK HOLDING COMPANIES
Chicago

Security Chicago Corp., Chicago, Illinois -- to
acquire indirectly First Bank and Trust Co. of
Gridley, Gridley, Illinois.
Approved, January 5, 1990.

Cleveland

Star Banc Corporation, Cincinnati, Ohio -- to acquire
Fir - Ban Inc., Verona, Kentucky.
Approved, January 5, 1990.

Atlanta

Synovus Financial Corp., Columbus, Georgia — to
establish Synovus Data Corp., Columbus, Georgia,
and to engage de novo nationwide in data processing
activities, and to retain Total Systems Services,
Inc., Columbus, Georgia; and to allow TSYS to
retain Columbus Depot Equipment Company, which
engages in leasing activities.
Permitted, January 4, 1990.

S t . Louis

Union Planters Corporation, Memphis, Tennessee -- to
acquire the successor by merger to First Financial
Services, Inc., Brownsville, Tennessee, and thereby
require First State Bank.
Approved, January 4, 1990.

S t . Louis

Union Planters Corporation, Memphis, Tennessee -- to
acquire the successor by merger to Security
Bancshares, Inc., Paris, Tennessee, and thereby
acquire Security Bank and Trust Company.
Approved, January 4, 1990.

BANK PREMISES




Chicago

American Trust and Savings Bank, Dubuque, Iowa —
investment in bank premises.
Approved, January 2, 1990.

Cleveland

Beaver Trust Company, Beaver, Pennsylvania —
investment in bank premises.
Approved, January 4, 1990.

Kansas City

Central Bank of Oklahoma City, Oklahoma City,
Oklahoma -- investment in bank premises.
Approved, January 5, 1990.

H .2
JANUARY 1, 1990
PAGE 4

TO

JANUARY 6, 1990

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

BANK PREMISES
Cleveland

Citizens Commercial Bank and Trust Company, Celina,
Ohio -- investment in bank premises.
Approved, January 4, 1990.

Chicago

Friendship State Bank, Friendship, Indiana -investment in bank premises.
Approved, January 4, 1990.

BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
San Francisco

Longs Drug Stores California, Inc., Walnut Creek,
California — registration statement.
Withdrawn, January 3, 1990.

CHANGE IN BANK CONTROL




Kansas City

Eagle Agency, Inc., Wayzata, Minnesota —
bank control.
Permitted, January 5, 1990.

change in

Atlanta

FNB Banking Company, Griffin, Georgia —
bank control.
Permitted, January 5, 1990.

Richmond

Harvest Bancorp, Inc., Hamilton, Virginia —
in bank control.
Permitted, January 5, 1990.

Kansas City

Regional Bank of Rifle, Rifle, Colorado —
bank control.
Permitted, January 5, 1990.

change in

change

change in

H.2

JANUARY 1, 1990
PAGE 5

TO

JANUARY 6, 1990

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

COMPETITIVE FACTORS REPORTS
Philadelphia

Bank of New York (Delaware); Wilmington, Delaware -to acquire certain assets and liabilities of First
City Bank - Sioux Falls, N.A., Sioux Falls, South
Dakota -- report on competitive factors.
Submitted, January 3, 1990.

Philadelphia

Chester Valley Bancorp, Inc., Dowingtown,
Pennsylvania, proposed merger with First Financial
Savings Association — report on competitive
factors.
Submitted, January 4, 1990.

St. Louis

First National Bank of Fort Smith, Fort Smith,
Arkansas, proposed merger with Interim First
National Bank of Fort Smith -- report on
competitive factors.
Submitted, January 5, 1990.

Dallas

Texas Capital Bank - Fort Bend, Richmond, Texas,
proposed merger with Texas Capital Bank, N.A.,
Houston, Texas — report on competitive factors.
Submitted, January 2, 1990.

EXTENSIONS OF TIME




St. Louis

Liberty National Bancorp, Inc., Louisville, Kentucky
— extension from January 27 to January 31, 1990,
to acquire The Community Bank, Inc., Erlanger,
Kentucky.
Granted, January 3, 1990.

San Francisco

Security Pacific Corporation, Los Angeles, California
— extensions to divest certain properties.
Granted, January 2, 1990.

San Francisco

Zions Bancorporation, Salt Lake City, Utah —
extension to divest certain properties.
Granted, January 3, 1990.

H.2

JANUARY 1, 1990
PAGE 6

TO

JANUARY 6, 1990

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

RESERVE BANK OPERATIONS
GC

Federal Reserve Bank of New York — to act as fiscal
agent for a proposed issue of bonds by the
International Bank for Reconstruction and
Development.
Approved, January 5, 1990.

GC

Operating circulars — changes to the Federal ACH
Operating Circular to conform to changes in the
Treasury1s ACH payment procedures and regulations.
Approved, January 5, 1990.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Chicago — to increase prices
charged for priced Cash Services.
Approved, January 3, 1990.

H.2

ADDITIONS AND CORRECTIONS

JANUARY 1, 1990
PAGE 7

TO

JANUARY 6, 1990

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Canadian Imperial Bank of Commerce, Toronto, Ontario,
Canada, The Royal Bank of Canada, Montreal, Quebec,
Canada, Barclays Bank PLC, London, England, and
Barclays PLC -- to underwrite and deal in, on a
limited basis, all types of debt securities through
Wood Gundy Corp., New York, New York, RBC Dominion
Securities Corporation, and Barclays de Zoete Wedd
Government Securities, Inc., respectively.
Approved, December 18, 1989.
Canadian Imperial Bank of Commerce, Toronto, Ontario,
Canada, and The Royal Bank of Canada, Montreal,
Quebec, Canada -- to underwrite and deal in equity
securities.
Approved, December 18, 1989.
Canadian Imperial Bank of Commerce, Toronto, Ontario,
Canada, and The Royal Bank of Canada, Montreal,
Quebec, Canada — request for authority to commence
underwriting and dealing in equity securities
immediately.
Denied, December 18, 1989.

ADDITIONS AND CORRECTIONS

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




Minneapolis

Lake Crystal National Bank, Lake Crystal, Minnesota,
proposed purchase of assets and assumption of the
liabilities of First State Bank of Good Thunder,
Good Thunder, Minnesota — report on competitive
factors.
Submitted, December 29, 1989.

H.2
JANUARY 1, 1990
PAGE 8

ADDITIONS AND CORRECTIONS
TO

JANUARY 6, 1990

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

REGULATIONS AND POLICIES




Secretary

Regulations B* E* M* and Z; Equal Credit Opportunity*
Electronic Fund Transfers* Consumer Leasing* and
Truth In Lending — amendments to regulations to
reflect the transfer of enforcement functions from
the Federal Home Loan Bank Board to the Office of
Thrift Supervision (Docket R-0682).
Approved* December 26* 1989.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Conroent Period Ending Date
NONE

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 ONLY
Application

Comment Period Ending Date

NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Comment Period Ending Date

Application
NONE
♦Subject to CRA




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
Nonbanking Applications
(Subject to Federal Register Notice Only)
Citicorp, New York, New York to acquire through its
subsidiary, Citicorp Credit Services, Inc., the merchant
processing business of FCC National Bank and thereby
to engage in making, acquiring and servicing extensions
of credit as permitted for credit card companies.
1/18/90
Bergen Bank A/S, Bergen, Norway to acquire
DnC America Inc., New York, New York and its
subsidiaries, DnC America Banking Corporation,
DnC Leasing International Inc. and DnC Capital
Corporation, in connection with Bergen Bank's preposed
merger with Den norske Creditbank, Oslo, Norway.

N/A

National Westminster Bank PLC, London, England and
NatWest Holdings, Inc., New York, New York to engage
through their subsidiary, County NatWest International
Limited, New York, New York, in providing financial
advisory and securities brokerage services.

N/A

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 BA N K O F
PHILADELPHIA

Week Ended 1/5/90

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
Omega Financial Corporation, State College, 1/
PA to acquire up to 9.99% of Mifflinburg
Bancorp, Inc., Mifflinburg, PA pursuant to
Section 3(a)(3) of the Bank Holding Company
Act.
Newspaper:
Federal Register:

1/11/90
1/26/90

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
CCNB Corporation, New Cumberland, PA to
acquire at least 95% of Parent Federal Savings
Bank, Lancaster, PA, pursuant to Section 4(c)(8)
of the Bank Holding Company Act.

1/12/90

Financial Trust Corp., Carlisle, PA to acquire
First Federal Savings Bank, Hanover, PA
pursuant to Section 4(c)(8) of the Bank
Holding Company Act.

1/26/90

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




Applications Bulletin
For W e e k E n d i n g J a n u a r y 6, 1990

S E C T I O N I ~ A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R
N O T I C E ONL Y
NON 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 TO B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING

R e c e i v e d S e c t i o n 3(a)(5) a p p l i c a t i o n on
J a n u a r y 2, 1990 from G r e a t e r Ohio R i v e r
Corporation, Columbus, Ohio, to a c q u i r e
T o n t i F i n a n c i a l Corporation, Columbus, Ohio.

* Not Yet Known

#

S E C T I O N III - A P P L I C A T I O N S SU B J E C T TO F E D E R A L R E G I S T E R
N O T I C E ONLY
NON E

S E C T I O N IV - A P P L I C A T I O N S N O T SU B J E C T TO F E D E R A L R E G I S T E R N O T I C E
OR NEWSPAPER NOTICE
NON E

*
#
N
F

-

S u b j e c t to CR A
E x p e c t e d to end a p p r o x i m a t e l y 30 d a y s from the d a t e of r e c e i p t
Newspaper Comment Period
Fe d e r a l R e g i s t e r C o m m e n t Pe r i o d




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period Ending Date

MNC Financial, Inc., Baltimore, Maryland,
for prior approval to acquire Mid-Atlantic
Holdings, Inc., Fayetteville, North
Carolina.

12-26-89

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

Comment Period Ending Date

A. T. Ciccarello and Winston C. Brown, Jr.,
Change in Control with respect to Sterling
Bancorp, Inc., Eleanor, West Virginia.

Not Yet Available

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




Week Ending January 5, 1990

Federal Reserve Bank of Atlanta
Applications Bulletin

Section I - Applications Subject to Newspaper Notice Only
Application
Metro Bank
Atlanta, Georgia
01-05-90 (CRA)
To merge with Metro Interim Bank, Atlanta, Georgia, pursuant to section
18(c) of the Federal Deposit Insurance Act.

Metro Interim Bank
Atlanta, Georgia
01-05-90 (CRA)
To became a member of the Federal Reserve System, pursuant to section 9 of
the Federal Reserve Act.

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

Conment Period Ending Date

SouthTrust Corporation
01-22-90
Birmingham, Alabama
Federal Register
To acquire SouthTrust Bank of North Carolina, N.A., Raleigh, North
Carolina, through charter conversion of First Capital Corporation, Raleigh,
North Carolina.

Central National Bank Corporation
01-13-90
Winter Park, Florida
Newspaper
1-BHC formation, Central National Bank, Winter Park, Florida.

Metro Financial Corporation
01-05-90
Atlanta, Georgia
Federal Register & Newspaper
1-BHC formation, Metro Bank, Atlanta, Georgia.

Synovus Financial Corp.
Columbus, Georgia
Along with its parent TB&C Bancshares, Inc., Columbus, Georgia, to merge
with State Bancshares, Inc., Enterprise, Alabama, and thereby acquire its
subsidiary, Coffee County Bank, Enterprise, Alabama.

The Citizens and Southern Corporation
01-22-90
Atlanta, Georgia
Federal Register
To acquire 16.6 percent of Sovran Financial Corporation, Norfolk, Virginia.




Week Ending January 5, 1990

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

Comment Period Ending Date

Cuniberland Savings Bancshares, Inc.
Carthage, Tennessee
1--BHC formation, Cumberland Savings Bank, Carthage, Tennessee.

FCB Corporation
Manchester, Tennessee
To acquire 51.33 percent of Bank of Waynesboro, Waynesboro, Tennessee.

Avantcr Financial Corporation
01-22-90
Norfolk, Virginia
Federal Register
To became a multi-bank holding company by acquiring The Citizens and
Southern Corporation, Atlanta, Georgia, and Sovran Financial Corporation,
Norfolk, Virginia.

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

Synovus Financial Corporation
Columbus, Georgia
01-05-90
To establish Universal Bank as a special purpose bank, and engage de novo
in making and servicing credit card loans, pursuant to section 225.25(b)(1)
of Regulation Y.

Avantor Financial Corporation
Norfolk, Virginia
01-22-90
To indirectly acquire the nonbanking subsidiaries of The Citizens and
Southern Corporation, Atlanta, Georgia, and Sovran Financial Corporation,
Norfolk, Virginia, and engage de novo in nonbanking activities, pursuant to
section 225.25 of Regulation Y.

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Application
International Bancorp of Miami
Miami, Florida
Commitment waiver request.




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

Type

Application

Comment Period
Ending Date

None

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

Application

Comment Period
Ending Date

Y-l

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

FR - **
N - 12-31-89

Y-l

Great River Bancshares, Inc.
Quincy, Illinois
The Hill-Dodge Banking Company
Wausaw, Illinois*

FR - 12-29-89
N 1-6-90

CoC

Havana Bancshares, Inc.
Havana, Illinois
Don P. Boggs successor Trustee Ryan
Voting Trust & Trustee of Havana
Bancshares Liquidating Trust

FR - 1-5-90
N - 1-9-90

Y-2

First Affiliated Bancorp, Inc.
Watseka, Illinois
Bancorp of Northwestern Indiana, Inc.
Goodland, Indiana
Goodland State Bank
Goodland, Indiana*

FR - 1-22-90
N - 1-16-90

Y-2

Amcore Financial, Inc.
Rockford, Illinois
Central of Illinois, Inc.
Sterling, Illinois
Citizens State Bank of Mount Morris
Mount Morris, Illinois
The Central National Bank of Sterling
Sterling, Illinois*

FR — 1—22—90
N - **

Y-l

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

FR - **
N - **




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

Type

Application

Y-2

FR - **
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
uowners Grove, Illinois
Burbank State Bank
Burbank, Illinois*

CoC

First State Bancorp of Monticello, Inc.
FR
Monticello, Illinois
N
First State Bancorp of Monticello,
Inc. Employee Stock Ownership Plan & Trust
Monticello, Illinois

CoC

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

FR
N

**
**

**
1-17-90

FR - **
N - **

Applications Subject to Federal Register Notice
Only
Comment Period
Ending Date

Type

Application

4(c)(8)

A.B.N. - Stichting
Amsterdam, The Netherlands
LaSalle National Trust, N.A.
Chicago, Illinois

FR - 1-12-90

4(c)(8)

ABN/LaSalle North America, Inc.
Chicago, Illinois
LaSalle National Trust, N.A.
Chicago, Illinois

FR - 1-12-90

4(c)(8)

Algemene Bank Nederland N.V.
Amsterdam, The Netherlands
LaSalle National Trust, N.A.
Chicago, Illinois

FR - 1-12-90

4(C)(8)

LaSalle National Corporation
Chicago, Illinois
LaSalle National Trust, N.A.
Chicago, Illinois

FR - 1-12-90




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register Notice
'
Only
Continued

Application

Comment Period
Ending Date

4(c)(8)

First Colonial Bankshares Corporation
Chicago, Illinois
First Colonial Mortgage Corporation
Rosemont, Illinois

FR - 1-12-90

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 - **

4(c)(8)

Bcurtonville Investment Co.
FR - **
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 - **

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 5, 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
None.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Stock redemption notification by
Jamestown Bancorp, Inc., Jamestown,
Kentucky




FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application
Farmers :tate 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

Comment Period
Ending Date

First Interstate Bank of Fargo, N.A.
and Affiliates ESOP
Fargo, ND
To acquire First Interstate of North
Dakota, Inc., Fargo, ND*

Not yet available

Beverly Fingerhut Deikel, Ronald
Fingerhut and Allen Fingerhut
To acquire control of 99.09% of
D. L. Bancshares, Inc., Detroit
Lakes, MN

Not yet available

James R. Scott
To acquire control in excess of
25% of First Interstate BancSystem of Montana, Inc., Billings,
MT

1-9-90
(Federal Register)

Big Timber Bancorporation, Inc.
Minneapolis, MN
To acquire the First National Bank
of Cut Bank, Cut Bank, MT*

Not yet available

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only

Application

Comment Period
Ending Date

None.

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




Federal R eserve Bank o f Kansas City

S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R
NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

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 TO B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

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 TO F E D E R A L R E G I S T E R
NOTICE ONLY
APPLICATION

C O M M E N T P E R I O D E N D I N G DAT 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 S UBJECT T O F E D E R A L R E G I S T E R N O T I C E
OR NEWSPAPER NOTICE
APPLICATION
None.

♦Application




is s u b j e c t t o C R A

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 1, 1990

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

^Section 9 application received from
Bank of the West, El Paso, TX, de novo,
to become a member of the Federal Reserve System

90/02/05

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

** NOTICE EXP

*Section 3(a)(3) application by
First Fabens Bancorporation, Inc., Fabens, TX, to
acquire Bancshares of Ysleta, Inc., El Paso, TX,
and Bank of Ysleta, El Paso, TX

90/01/31

Change in Control Notice by
James Lynn Davis, Many, LA, to acquire an interest
in Sabine Bancshares, Inc., Many, LA

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.




FECERAL RESERVE BANK OF SAN FRANCISCO

Week ending 1/05/90

Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Hanmi Bank, Los Angeles, California, to
establish a branch at 116 Sooth Western
Avenue, Los Angeles, California. *

Newspaper:

1/28/90

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. Reg.:

1/26/90

Section III - Applications Subject to Federal Register Notice Only
First Interstate Bancorp, Los Angeles,
California, to engage in asset management
and valuation activities through at
yet-to-be named subsidiary.

Fed. Rea.:

1/12/90

The Mitsui Bank, Limited, Tokyo, Japan,
to acquire up to 10 percent of Security
Pacific Financial Services System, Inc.
and SEFSS, Inc., both of San Diego,
California.

Fed. Rea.:

Not available

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Verde Valley Bancorp, Inc., Cottonwood,
Arizona, to consolidate into The Bank of
Verde Valley, Cottonwood, Arizona.

* Subject to CRA