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A N N O U N C E M E N T BY B O A R D OF G O V E R N O R S OF THE FEDERAL RESERVE SYSTEM (H.2, 1982 No. 2 ) A c t i o n s of the B o a r d ; A p p l i c a t i o n s and R e p o r t s Received D u r i n g APPLICABLE RESERVE BANK the W e e k E n d i n g J a n u a r y 9, 1982 A C T I O N S OF THE B O A R D R e g u l a t i o n s D and M, d e f e r r a l of date for m a n d a t o r y c o m p l i a n c e ; this w i l l conform the B o a r d ' s regulations w i t h an a m e n d m e n t to the S i m p l i f i c a t i o n Act, delaying the m a n d a t o r y e f f e c t i v e date of the Act from A p r i l 1, 1982 to O c t o b e r 1, 1982. (Docket No. R - 0 3 8 1 ) Proposed revision to charges to d e p o s i t o r y institutions for w i r e transfer and net settlement services; the Board asked for c o m m e n t by F e b r u a r y 10, 1982. A n n u a l report to the C o n g r e s s on the T r u t h Act for the year 1981. in L e n d i n g Atlanta B a n c s h a r e s C o r p o r a t i o n , L u l i n g , L o u i s i a n a , e x t e n s i o n of time to A p r i l 12, 1982, w i t h i n w h i c h to become a bank h o l d i n g c o m p a n y through the a c q u i s i t i o n of Bank of St. C h a r l e s and Trust C o m p a n y , L u l i n g , L o u i s i a n a . JJ Chicago B u f f a l o B a n c o r p o r a t ion, Inc., B u f f a l o G r o v e , Illinois, e x t e n s i o n of time to M a r c h 2, 1982, w i t h i n w h i c h to b e c o m e a bank h o l d i n g c o m p a n y through the a c q u i s i t i o n of 51 percent or m o r e of the voting shares of B u f f a l o G r o v e N a t i o n a l Bank, B u f f a l o G r o v e , Illinois. \J Chicago Citizens Bancorporation, Sheboygan, Wisconsin, extension of time to M a r c h 29, 1982, w i t h i n w h i c h to acquire 100 percent of the v o t i n g shares of C i t i z e n s Bank of M a n i t o w o c , M a n i t o w o c , W i s c o n s i n . \J Dallas First C i t y F i n a n c i a l C o r p o r a t i o n , H o b b s , N e w M e x i c o , e x t e n s i o n of time to April 2, 1982, w i t h i n which to a c q u i r e First City N a t ional Bank, C a r l s b a d , New M e x i c o , and First N a t i o n a l Bank of Lea C o u n t y , Hobbs, New M e x i c o . Dal las If M a d i s o n B a n c s h a r e s C o r p . , Richmond, L o u i s i a n a , e x t e n s i o n of time to May 31, 1982, w i t h i n w h i c h to a c q u i r e M a d i s o n Bank and Trust C o m p a n y , R i c h m o n d , L o u i s i a n a . 1/ A p p l i c a t i o n processed authori ty. 1/ on behalf of the Board of G o v e r n o r s under delegated !?.:% ;wK2 x*,. - 2 A C T I O N S O F THE B O A R D - C o n t i n u e d I : as T e x a s C o m m e r c e B a n c s h a r e s , Inc., Houston, Texas, e x t e n s i o n t : time to February 25, 1982, with in which to acquire Texas Comroerce Bank~C1 ear Lake, Nat iona 1 Associat ion, H o u s t « m , T e x a s . J_/ i »i i ted T e x a s B a n c s h a r e s , Inc., A u s t i n , T e x a s , e x t e n s i o n of time to March 24, 1982, w i t h i n which to acquire United Hi nk of T e x a s , Austin, T e x a s . J_/ >• f . I-tVjis AI 1 a til a A r k a n s a s Bank and Trust C o m p a n y , Hot Springs, A r k a n s a s , an additional investment in bank premises. IJ Bank of New York International Incorporated, Miami, Florida, e x t e n s i o n or time to J a n u a r y 22, 1983, w i t h i n which to open de n o v o b r a n c h e s in C h i c a g o , Illinois and Houston, Texas. 1/ At lan'a Central Bank of Bi rmingham, B i r m i n g h a m , A l a b a m a , e x t e n s i o n of time to May 16, 1982, w i t h i n w h i c h to merge with Central Bank of M o b i l e , N.A., M o b i l e , A l a b a m a . 1/ Ri ri : r I Bank of A l a m a n c e , G r a h a m , North C a r o l i n a , proposed merger with Bank of G r a h a m , G r a h a m , North C a r o l i n a , an organizing bank; report to the Federal Deposit Insurance C o r p o r a t i o n on competit ive factors. JJ Ph i ' : ;i a Richmond C B T National Bank, M t m c y , P e n n s y l v a n i a , proposal to merge with C o m m o n w e a l t h Bank and Trust C o m p a n y , N.A., W i 1 l i a m s p o r t , P e n n s y l v a n i a , under the charter of CBT National Bank and with the title C o m m o n w e a l t h Bank and Trust C o m p a n y , National Assoc iat ion; report to the C o m p t r o l l e r of the C u r r e n c y on c o m p e t i t i v e factors. JJ C i t i z e n s and S o u t h e r n National Bank of South C a r o l i n a , C h a r l e s t o n , South C a r o l i n a , proposed p u r c h a s e of assets and a s s u m p t i o n of liabilities of Bank of W i l l i s t o n , W i l i s t o n , South Carolina; report to the C o m p t r o l l e r of the C u r r e n c y on c o m p e t i t i v e factors. XJ East Juliet Bank, J o l i e t , Illinois, proposed merger with E. J. Bank, Jo I let, Illinois, under the charter of E. J. Bank, and title of East Joliet Bank; report to the Federal Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e factors. J_/ Kansas City First Interstate Bank of E n g l e w o o d , N.A., E n g l e w o o d , C o l o r a d o , proposed m e r g e r with New First Interstate Bank of E n g l e w o o d , N.A., E n g l e w o o d , C o l o r a d o ; report to the C o m p t r o l l e r of the Currency on compet i t ive factors. 1/ !/ A p p l i c a t i o n processed hor i t y. on behalf of the Board of G o v e r n o r s under delegated - 3 A C T I O N S O F THE BQARD-Continued Millar First Nat tonal Bank, Bourne, T e x a s , proposed m e r g e r with B o e r n e Bank, Boerne, T e x a s ; report to the C o m p t r o l l e r of fhe C u r r e n c y on c o m p e t i t i v e factors. \J !!i!Lis First National Bank of G i d d i n g s , G i d d i n g s , Texas, proposed m e r g e r w i t h Allied First National Bank, G i d d i n g s , Texas; report to the C o m p t r o l l e r of the C u r r e n c y on c o m p e t i t i v e factors. % j t n I \J First National E x c h a n g e Bank of V i r g i n i a , Roanoke C o u n t y , V i r g i n i a , proposed merger with the First National Bank of G a l a x , G a l a x , V i r g i n i a ; report to the C o m p t r o l l e r of C u r r e n c y on c o m p e t i t i v e tiiiiago factors. \J Newton C o u n t y Bank, Kent land, Indiana, proposed m e r g e r with Kent land Bank, Kent land, Indiana, under the charter of N e w t o n C o u n t y Bank, and title of Kent I and Hank; report to the Federal Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e factors. 1/ Penobscot S a v i n g s Bank, Bangor, M a i n e , proposed merger with H e r i t a g e S a v i n g s Bank, Rock land, Maine; report to the Federal Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e Boston factors. 1/ Best <in S a v e r ' s Bank, Littleton, New H a m p s h i r e , proposed m e r g e r with T h e S a v e r ' s Bank, L i t t l e t o n , New H a m p s h i r e ; report to the Federal Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e factors. 1/ i'hj!adelphia Second National Bank of N a z a r e t h , N a z a r e t h , P e n n s y l v a n i a , proposed m e r g e r with T h e Cement National Bank, N o r t h a m p t o n , P e n n s y l v a n i a , under the title and charter of The Cement National Bank; report to the C o m p t r o l l e r of the C u r r e n c y on c o m p e t i t i v e factors. 1/ Phii ade1ph i a S e c u r i t y S a v i n g s and Loan A s s o c i a t i o n , Vine land, New Jersey, proposed a c q u i s i t i o n of Vineland branch of O r a n g e Savings Bank, L i v i n g s t o n , New Jersey; report to the Federal Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e factors. JJ Shawmut Count v Bank, N.A., C a m b r i d g e , M a s s a c h u s e t t s , proposed merger w i t h Shawmut Me 1 rose-Wake field Bank and Trust C o m p a n y W a k e f i e l d , M a s s a c h u s e t t s ; report to the C o m p t r o l l e r of the C u r r e n c y on c o m p e t i t i v e factors. \J J t nd S o u t h e r n National Bank of North C a r o l i n a , L u m b e r t o n , North a r o l i n a , proposed m e r g e r w i t h Forsyth Bank and Trust o m p a n y , W i n s t o n - S a l e m , North C a r o l i n a ; report to the oinpiroller of the C u r r e n c y on c o m p e t i t i v e factors. 1/ 1/ A p p l i c a t i o n processed on behalf of the Board of G o v e r n o r s under delegated aut hor i I y. H.2, 1982 N o . 2 4 A C T I O N S OF THE BOARD-Cont inued New York S y r a c u s e S a v i n g s Bank, S y r a c u s e , New York, proposed m e r g e r with D i m e Federal S a v i n g s and Loan A s s o c i a t i o n , Cortland, N e w Y o r k ; report to the Federal Deposit Insurance C o r p o r a t i o n on c o m p e t i t i v e factors. 1/ San Francisco W e s t e r n C o m m u n i t y Bank, F i r c r e s t , W a s h i n g t o n , proposed m e r g e r w i t h W e s t e r n C o m m u n i t y Bank, N.A., Fircrest, W a s h i n g t o n , under the charter and title of the latter; report to the C o m p t r o l l e r of the C u r r e n c y on c o m p e t i t i v e f a c t o r s . 1/ If A p p l i c a t i o n processed authority. on b e h a l f of the Board of G o v e r n o r s under delegated I H.2, 1982 N o . - 2 5 - A C T I O N S OF T H E B Q A R D - C o n t inued To Establish 9 of a Domestic the F e d e r a l Branch Pursuant to S e c t i o n Reserve Act Approved Atlanta South County Bank, Venice, Florida. To establish a branch in V e n i c e , F l o r i d a , k n o w n as J a c a r a n d a B a n k i n g C e n t e r . St. Louis Elliott State Bank, Jacksonville, branch at Illinois. 1801 W e s t M o r t o n R o a d , in the v i c i n i t y o f Azusa Avenue, First San Francisco the Industry, California. branches (1) In 1/ a branch of C o l i m a R o a d and 1/ Salt L a k e C i t y , U t a h . To at: the v i c i n i t y o f C e n t e r Orem, Utah. (2) a Illinois. To establish intersection Interstate Bank of U t a h , establish To establish Jacksonville, Union Bank, Los Angeles, California. San Francisco 1/ and State Streets, 1/ In the v i c i n i t y o f 200 South 400 East, S a l t L a k e C i t y , U t a h . JL/ (3) In and the v i c i n i t y o f J u n c t i o n 248, Park City, Utah. of H i g h w a y s , 224 1/ * * * * * To Become a M e m b e r of S e c t i o n 9 of the F e d e r a l R e s e r v e the F e d e r a l System Pursuant to Reserve Act Approved State Bank of Broward County, Atlanta First Kansas City A m e r i c a n State Bank Cleveland DB B a n k i n g Co., Y o u n g s t o w n , O h i o . J J 1/ A p p l i c a t i o n p r o c e s s e d Sunrise, F l o r i d a . JL/ of J a c k s o n , J a c k s o n , W y o m i n g . on behalf of the B o a r d of G o v e r n o r s authority. 1 1/ under delegated H.2, 1982 N o . 2 - 6 ACTIONS OF THE BOARD-Continued To Merge Deposit Pursuant to S e c t i o n 1 8 ( c ) of the F e d e r a l Insurance Act Approved C l e v e 1 and DB Banking Co., Savings Youngstown, Ohio, and T r u s t to m e r g e w i t h T h e Company, Youngstown, Ohio. Dollar 1/ * * * * * Issued Intent Pursuant Not to D i s a p p r o v e C h a n g e to C h a n g e of C o n t r o l in B a n k C o n t r o l A c t Not Fulton State Bank, of 1978 Disapproved Minneapolis The Fulton, Kansas City Citizens Insurance Angency, Kansas City Citizens Investment South Inc., Dakota. Smith Company, Thornton, \J Center, Kansas. Colorado. \J l_! * * * * * Applications and Notifications for International Invest- m e n t s and O t h e r A c t i o n s P u r s u a n t to S e c t i o n s 25 and 2 5 ( a ) of the F e d e r a l R e s e r v e Act and S e c t i o n 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank H o l d i n g C o m p a n y Act of 1956, as a m e n d e d Approved New York Banca Nazionale Del agreement New York Lavoro, Rome, Italy: that L a v o r o w o u l d activities of a b r a n c h o u t s i d e of its h o m e Citibank Overseas grants consent located in C h i c a g o , Corporation, file q u a r t e r l y JL/ A p p l i c a t i o n processed Reserve Bank on b e h a l f o f Illinois, of N e w Y o r k . the B o a r d Delaware: statements of Sydney, Australia, with 1/ of G o v e r n o r s under authority. into a n Wilmington, financial Citicorp Australia Holdings Limited, the F e d e r a l entered the d e p o s i t - t a k i n g state of New York. JJ Investment to limit 1 delegated H.2, I W N o . 2 - 7 A C T I O N S O F THE B O A R D - C o n t i n u e d To E s t a b l i s h a U . S . Branch of an Edge Act C o r p o r a t i o n Pursuant to S e c t i o n 2 5 ( a ) of the Federal Reserve Act New York Approved M a n u f a c t u r e r s H a n o v e r Trust C o m p a n y , New York, New Y o r k , on behalf of M a n u f a c t u r e r s H a n o v e r International Banking C o r p o r a t i o n , M i a m i , Florida: grants consent to e s t a b l i s h a branch in A t l a n t a , G e o r g i a . 1/ * * * * * T o Form a Bank H o l d i n g C o m p a n y Pursuant to Section 3 ( a ) ( 1 ) of the Bank H o l d i n g C o m p a n y Act of 1956 K a n s a s City Richinond Withdrawn W i n t e r Park National C o m p a n y , Winter Park, C o l o r a d o , for approval to a c q u i r e at least 85 percent at the voting shares of the Bank of W i n t e r Park. W i n t e r Park, C o l o r a d o . \J Approved D. C . National B a n c o r p , Inc., W a s h i n g t o n , D.C. for approval to a c q u i r e 100 percent of the voting shares of District of C o l u m b i a N a t i o n a l Bank, W a s h i n g t o n , D.C. \J Atlanta A m e r i c a n B a n c s h a r e s , Inc., C o o k e v i l l e , T e n n e s s e e , for approval to a c q u i r e at least 80 percent of the v o t i n g shares of A m e r i c a n Bank and T r u s t , C o o k e v i l l e , T e n n e s s e e . 1/ Atlanta C . S . B . C o r p o r a t i o n , M a r i a n n a , Florida, for approval to acquire 100 percent of the voting shares of C i t i z e n s State Bank, M a r i a n n a , F l o r i d a . 1/ At Ianta First L a f a y e t t e B a n c o r p o r a t i o n , L a f a y e t t e , L o u i s i a n a , for approval to a c q u i r e at least 80 percent of the v o t i n g shares of First National Bank of L a f a y e t t e , L a f a y e t t e , L o u i s i a n a . _!_/ Atlanta G e o r g i a Stat<* B a n k s h a r e s , Inc., M a b l e t o n , G e o r g i a , for approval to acquire 100 percent of the voting shares of G e o r g i a State Bank, M a b l e t o n , G e o r g i a . _!_/ Atlanta hid< p« n nt C o m m u n i t y Banks, Inc., S a n i b e 1, Florida, for a;,; % w 11 to a c q u i r e 100 percent of the voting shares of W i n t e r Parx National Bank, W i n t e r Park, F l o r i d a , and Bank of the Islands, S a n i b e I - C a p t i v a , S a n i b e l , F l o r i d a . J J 1/ A p p l i c a t i o n processed on b e h a l f of the Board of G o v e r n o r s under delegated Authority. H.2, 1982 N o . 2 - * A C T I O N S O F T H E BQARP-Cont inued Ailanfa NBF C o r p o r a t i o n , F i t z g e r a l d , G e o r g i a , for approval to acquire 100 percent of the v o t i n g shares of N a t i o n a l Bank of F i t z g e r a l d , F i t z g e r a l d , G e o r g i a . 1/ Chicago First S t a t e R a n c o r p o r a t i o n , F r e d e r i c k s b u r g , Iowa, for approval to a c q u i r e at least 92 percent of the voting shares of First S t a t e Bank, F r e d e r i c k s b u r g , Iowa. \J t:h i cage Lake S h o r e B a n c o r p , Inc., C h i c a g o , 111inos, for approval to a c q u i r e 100 percent of the voting shares of the successor by m e r g e r to Lake S h o r e National Bank, C h i c a g o , Illinois. j_/ Chicago Larch B a n c o r p o r a t i o n , Inc., L a r c h w o o d , Iowa, for approval to a c q u i r e at least 80 percent of the v o t i n g shares of Security S a v i n g s Bank, L a r c h w o o d , Iowa. \J St. Louis B r i g h t o n B a n c s h a r e s , Inc., Branson, M i s s o u r i , for approval to a c q u i r e at least 80 percent of the v o t i n g shares of The First National Bank of B r i g h t o n , B r i g h t o n , I1Inois. 1/ Minneapolis R i v e r s i d e B a n c s h a r e s C o r p o r a t i o n , M i n n e a p o l i s , M i n n e s o t a , for approval to a c q u i r e at least 8 0 percent of the voting shares of R i v e r s i d e B a n c s h a r e s C o r p o r a t i o n , M i n n e a p o l i s , M i n n e s o t a . J_/ Minneapolis W h i t e h a l l Bancorporat ion, Inc., W h i t e h a l l , M o n t a n a , for approval to a c q u i r e at least 93 percent of the voting s h a r e s of W h i t e h a l l State Bank, W h i t e h a l l , M o n t a n a . \J K a n s a s City A l b i o n National M a n a g e m e n t Co., A l b i o n , N e b r a s k a , for approval to a c q u i r e at least 9 8 percent of the v o t i n g shares of T h e A l b i o n N a t i o n a l Bank, A l b i o n , N e b r a s k a . J J K a n s a s <-1f v C l e a r w a t e r Home S t a t e B a n c s h a r e s , W i c h i t a , K a n s a s , for approval to a c q u i r e at least 80 percent of the voting shares of Home S t a t e Bank of C l e a r w a t e r . C l e a r w a t e r , K a n s a s . 1/ Kansas City S h e r i d a n B a n c o r p , Inc., L a w t o n , O k l a h o m a , for approval to a c q u i r e 100 percent of the v o t i n g s h a r e s of T h e S h e r i d a n Bank and Trust C o m p a n y , L a w t o n , O k l a h o m a . J / Kansas City W e s t e r n O k l a h o m a B a n c s h a r e s , Inc., Elk C i t y , O k l a h o m a , for approval to a c q u i r e at least 9 8 percent of the v o t i n g shares of Bank oI W e s I e r n Ok 1ahoma, Elk C i t y , Ok 1ahoma. 1/ 1/ Afiptiest ion processed o n b e h a l f of the Board of G o v e r n o r s under delegated a u t h o r a ty. H.2., 1982 N o . 2 - 9 ACTIONS OF THE BOARD-Continued Dallas B a n g s B a n c s h a r e s , I n c . , B a n g s , T e x a s , for approval to a c q u i r e at least 8 0 percent o f the v o t i n g s h a r e s of First S t a t e Bank, B a n g s , T e x a s . Ij Dallas TB & T B a n c s h a r e s , Inc., B r o w n s v i l l e , T e x a s , for approval to a c q u i r e at least 81 percent of the v o t i n g s h a r e s (less d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of T e x a s Bank and Trust of B r o w n s v i l l e , B r o w n s v i l l e , T e x a s . JLZ San Francisco Great A m e r i c a n B a n c o r p , L o s A n g e l e s , C a l i f o r n i a , for approval to a c q u i r e 100 percent o f the v o t i n g shares of Great A m e r i c a n Bank, Los A n g e l e s , C a l i f o r n i a . 1/ * * * * * T o Expand a Bank H o l d i n g C o m p a n y Pursuant to S e c t i o n 3 ( a ) ( 3 ) of the B a n k H o l d i n g C o m p a n y Act of 1956 Approved Atlanta A m S o u t h B a n c o r p o r a t i o n , B i r m i n g h a m , A l a b a m a , for a p p r o v a l to a c q u i r e 100 percent of the voting shares of P a r k e r Bank and Trust C o m p a n y , C u l l m a n , A l a b a m a . 1/ Dallas C o m m e r c e S o u t h w e s t I n c . , D a l l a s , T e x a s , for a p p r o v a l to acquire through H o u s t o n B a n c s h a r e s , Inc., H o u s t o n , T e x a s , 98.79 percent of the v o t i n g shares of H o u s t o n City Bank, H o u s t o n , Texas, and 100 percent of H o u s t o n N o r t h Side Bank, H o u s t o n , T e x a s . JJ Dallas S o u t h w e s t B a n c s h a r e s , Inc., H o u s t o n , T e x a s , for approval to a c q u i r e 100 percent of the v o t i n g shares of T h e M e r c a n t i l e N a t i o n a l Bank of C o r p u s C h r i s t i , C o r p u s C h r i s t i , Texas. 1/ * * * * * T o Expand a Bank H o l d i n g C o m p a n y Pursuant to S e c t i o n 4 ( c ) ( 8 ) of the Bank H o l d i n g C o m p a n y Act of 1956 Kansas City Approved First M o o r e B a n c s h a r e s , Inc., M o o r e , O k l a h o m a , for a p p r o v a l to a c q u i r e 100 percent of the v o t i n g shares of First M o o r e I n s u r a n c e A g e n c y , M o o r e , O k l a h o m a . 1/ I/ A p p l i c a t i o n processed authority. on b e h a l f of the Board of G o v e r n o r s under delegated H.2, 1982 No. 2 - 1 0 A C T I O N S OF THE B O A R D - C o n t i n u e d San Francisco Boston React ivated First I n t e r s t a t e Bancorp, Los A n g e l e s , C a l i f o r n i a , n o t i f i cation of intent to engage in de novo a c t i v i t i e s (making or a c q u i r i n g loans and other e x t e n s i o n s of credit such as c o m m e r c i a l loans secured by a borrower's inventory, acc o u n t s r e c e i v a b l e , or other assets and servicing l o a n s ) in Portland, O r e g o n and D e n v e r , C o l o r a d o , serving C a l i fornia, O r e g o n , W a s h i n g t o n , Idaho, Utah, M o n t a n a , N e w M e x i c o , A r i z o n a , C o l o r a d o , W y o m i n g , Nevada, Illinois, and T e x a s , through its subsidiary, First I n t e r s t a t e C o m m e r c i a l C o r p o r a t i o n ( 1 / 6 / 8 2 ) 3/ Permitted First N a t i o n a l B o s t o n C o r p o r a t i o n , B o s t o n , M a s s a c h u s e t t s , n o t i f i c a t i o n of intent to engage in _de novo a c t i v i t i e s (activities that may be carried on by a trust company including a c t i v i t i e s of an agency, c u s t o d i a l , fiduciary or investment a d v i s o r y n a t u r e ) at the Sapela Building, Island O f f i c e Park, H i l t o n Head, South C a r o l i n a , serving the S t a t e of South C a r o l i n a , through its s u b s i d i a r y , Old C o l o n y Trust C o m p a n y of South C a r o l i n a , N.A. ( 1 / 5 / 8 2 ) 3/ Boston First National B o s t o n C o r p o r a t i o n , Boston, M a s s a c h u s e t t s , n o t i f i c a t i o n of intent to engage in tU* novo activities (activities that may be carried on by a trust company including a c t i v i t i e s of an agency, custodial, fiduciary or investment a d v i s o r y n a t u r e ) at 201 North Federal H i g h w a y , D e e r f i e l d Beach, Florida, through its subsidiary, Old C o l o n y Trust C o m p a n y of Southeast Florida, N.A. ( 1 / 3 / 8 2 ) 3/ Boston First N a t i o n a l B o s t o n C o r p o r a t i o n , B o s t o n , M a s s a c h u s e t t s , n o t i f i c a t i o n of intent to e n g a g e in de novo a c t i v i t i e s (in a c t i v i t i e s that m a y be carried on by a trust company including a c t i v i t i e s of an a g e n c y , custodial, fiduciary or investment a d v i s o r y n a t u r e ) at 4 0 0 0 South Tamiami Trail, S a r a s o t a , F l o r i d a , serving the w e s t e r n half of the State of Florida, through its subsidary, Old C o l o n y Trust C o m p a n y of Southwest F l o r i d a , N.A. ( 1 / 3 / 8 2 ) Zj Boston Industrial N a t i o n a l C o r p o r a t i o n , P r o v i d e n c e , Rhode Island, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (consumer finance a c t i v i t i e s and insurance agency activities involving the sale of credit life and credit accident and health insurance d i r e c t l y related to an extension of c r e d i t ) at 8120 Penn A v e n u e South, B l o o m i n g t o n , M i n n e s o t a , serving 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on b e h a l f of the Board of G o v e r n o r s under delegated a u t h o r i t y . H.2, 1982 No 2. - 1 1 A C T I O N S OF THE B O A R D - C o n t i n u e d the State of M i n n e s o t a and the W i s c o n s i n counties of Barron, Buffalo, Barrett, Chipewa, C l a r k , Dunn, Eaw C l a i r e , J a c k s o n , La C r o s s e , M o n r o e , Pepin, Pierce, Polk, Rusk, St. Croix, Sawyer, T r e m p e a l e a u and W a s h b u r n , through its s u b s i d i a r y , M o r t g a g e A s s o c i a t e s ( 1 / 3 / 8 2 ) 3J Boston Industrial N a t i o n a l C o r p o r a t i o n , P r o v i d e n c e , Rhode Island, n o t i f i c a t i o n of intent to engage in de n o v o a c t i v i t i e s (consumer finance a c t i v i t i e s and insurance agency a c t i v i t i e s involving the sale of credit life and credit accident and h e a l t h insurance d i r e c t l y related to an e x t e n s i o n of c r e d i t ) at S u i t e 1-A, 3401 16th S t r e e t , M o l i n e , Illinois, serving the Illinois c o u n t i e s of: B u r e a u , C a r r o l l , Henderson, H e n r y , K n o x , L e e , M a r s h a l l , M e r c e r , Peoria, Putnam, Rock Island, Stark, T a z e w e l l , W a r r e n , W h i t e s i d e and W o o d f o r d , and the Iowa c o u n t i e s of: Cedar, C l i n t o n , L o u i s a , M u s c a t i n e and S c o t t , through its s u b s i d i a r y , M o r t g a g e A s s o c i a t e s , Inc., ( 1 / 3 / 8 2 ) 3/ New Y o r k B a r c l a y s Bank L i m i t e d and B a r c l a y s B a n k I n t e r n a t i o n a l Limited, b o t h of L o n d o n , E n g l a n d , request p e r m i s s i o n to relocate an e x i s t i n g office engaging in the following a c t i v i t i e s ( c o m m e r c i a l financing, i.e., m a k i n g secured loans to small and m e d i u m sized b u s i n e s s e s ) from 5200 W e s t K e n t u c k y B o u l e v a r d , T a m p a , F l o r i d a to 10008 North D a l e M a b r y A v e n u e , T a m p a , F l o r i d a , through their subsidiary, B a r e l a y s A m e r i c a n / B u s i n e s s C r e d i t , I n c . , ( 1 / 2 / 8 2 ) 3/ New Y o r k H o r i z o n Bancorp, M o r r i s t o w n , New J e r s e y , requests p e r m i s s i o n to e s t a b l i s h jte n o v o o f f i c e s engaging in the following a c t i v i t i e s (making or a c q u i r i n g , for its own account or for the account of others, loans and other e x t e n s i o n s of credit (including issuing letters of credit and a c c e p t i n g d r a f t s ) such as w o u l d be m a d e , for e x a m p l e , by a m o r t g a g e , finance, credit card or factoring c o m p a n y ; leasing personal p r o p e r t y or a c t i n g as b r o k e r or advisor in leasing such property provided such leases meet the c r i t e r i a of Section 2 2 5 . 4 ( a ) ( 6 ) of R e g u l a t i o n Y; and servicing loans and other e x t e n s i o n s of credit for the account of others; typically, the persons for w h o m such loans w o u l d be serviced are other financial i n s t i t u t i o n s ) at 3 6 6 T h a m e s S t r e e t , N e w p o r t , Rhode Island serving the State of R h o d e Island, C o n n e c t i c u t , M a s s a c h u s e t t s , New H a m p s h i r e , V e r m o n t , New York, and Maine; 29 W . Lloyd S t r e e t , P e n s a c o l a , F l o r i d a serving Northern F l o r i d a , 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by R e s e r v e Bank on b e h a l f of the Board of G o v e r n o r s under delegated a u t h o r i t y . I H.2, 1982 N o . 2 A C T I O N S OF THE B O A R D - C o n t i n u e d K e n t u c k y , T e n n e s s e e , South C a r o l i n a , G e o r g i a , M i s s i s s i p p i , and L o u i s i a n a and 222 Severn A v e n u e , A n n a p o l i s , Maryland serving the S t a t e s of M a r y l a n d , D e l a w a r e , V i r g i n i a , West V i r g i n i a , North C a r o l i n a , and P e n n s y l v a n i a , through its subsidiary, H o r i z o n C r e d i t c o r p ( 1 / 2 / 8 2 ) 3J New York M a n u f a c t u r e r s Hanover C o r p o r a t i o n , New Y o r k , New York, requests p e r m i s s i o n to engage in the following a c t i v i t i e s (activities of a f i d u c i a r y , investment a d v i s o r y , a g e n c y or custodial n a t u r e ) at 100 North B i s c a y n e B o u l e v a r d , M i a m i , Florida, s e r v i n g the S t a t e of F l o r i d a , and in p a r t i c u l a r Dade, Broward, P a l m B e a c h , M o n r o e and C o l l i e r c o u n t i e s , Florida, through its s u b s i d i a r y , M a n u f a c t u r e r s H a n o v e r Trust C o m p a n y of Florida (1/3/82) 2 / Philadelphia F i d e l c o r , Inc., P h i l a d e l p h i a , P e n n s y l v a n i a , n o t i f i c a t i o n of intent to engage in the n o v o a c t i v i t i e s (in the specific b u s i n e s s of c o m m e r c i a l finance, factoring and nvr.il l e n d i n g ) at S u i t e 3950 M i d - C o n t i n e n t a l Plaza, 55 East M o n r o e S t r e e t , C h i c a g o , 111inois, serving the S t a t e of Illinois through a s u b s i d i a r y , T r e f o i l Capital C o r p o r a t i o n ( 1 / 6 / 8 2 ) 3/ Philadelphia P h i l a d e l p h i a National C o r p o r a t i o n , P h i l a d e l p h i a , P e n n s y l v a n i a , n o t i f i c a t i o n of intent to e n g a g e in de novo a c t i v i t i e s (the o r i g i n a t i o n of FHA, VA and c o n v e n t i o n a l r e s i d e n t i a l m o r t g a g e loans and second m o r t g a g e loans at a proposed new o f f i c e of C o l o n i a l M o r t g a g e S e r v i c e C o m p a n y A s s o c i a t e s , I n c . ) at 111 East D e c a t u r , D e c a t u r , M a c o n C o u n t y , Illinois, serving p r i m a r i l y in M a c o n C o u n t y , Illinois and a d j o i n i n g c o u n t i e s , through its subsidiary, Colonial Mortgage Service Company Associates, Inc. (a P e n n s y l v a n i a C o r p o r a t i o n ) ( 1 / 6 / 8 2 ) 3_/ Philadelphia Philadelphia National Corporation, Philadelphia, Penns y l v a n i a , n o t i f i c a t i o n of intent to e n g a g e in de novo a c t i v i t i e s (the o r i g i n a t i o n of FHA, VA and c o n v e n t i o n a l r e s i d e n t i a l m o r t g a g e loans and second m o r t g a g e loans at a proposed new o f f i c e of C o l o n i a l M o r t g a g e Service C o m pany A s s o c i a t e s , I n c . ) s e r v i n g p r i m a r i l y in the m u n i c i p a l i t y o f A n c h o r a g e , A l a s k a , through its s u b s i d iary, C o l o n i a l M o r t g a g e S e r v i c e C o m p a n y A s s o c i a t e s , Inc. ( 1 / 6 / 8 2 ) y Cleveland First National C i n c i n n a t i C o r p o r a t i o n , C i n c i n n a t i , Ohio, r e q u e s t s p e r m i s s i o n to (engage in the a c t i v i t y of u n d e r w r i t i n g , a s r e i n s u r e r , credit related life and accident 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed of G o v e r n o r s u n d e r d e l e g a t e d by R e s e r v e Bank on behalf of the Board authority. I H.2, 1982 N o . 2 - 13 ACTIONS OF THE BOARD-Continued and h e a l t h i n s u r a n c e ) at 1421 East T h o m a s Road, Phoenix, A r i z o n a , s e r v i n g G o l l i a , G r e e n , H a m i l t o n , Lawrence, Miami, P i c k a w a y and S c i a t o c o u n t i e s in O h i o , through a subsidiary, The Miami Valley Insurance Company, Phoenix, Arizona ( 1 / 9 / 8 2 ) 3/ Cleveland Pittsburgh National Corporation, Pittsburgh, Pennsylvania, n o t i f i c a t i o n of intent to e n g a g e in de n o v o a c t i v i t i e s ( m o r t g a g e b a n k i n g , including the m a k i n g or acquiring and s e r v i c i n g for its own a c c o u n t s and or the a c c o u n t s of o t h e r s , loans and o t h e r e x t e n s i o n s of c r e d i t ; also a c t i n g as agent for n o n - a f f i l i a t e d i n s u r a n c e c o m p a n i e s in the sale or s o l i c i t a t i o n of o r d e r s for accident and h e a l t h insurance and m o r t g a g e r e d e m p t i o n life insurance o n d e b t o r s in c o n n e c t i o n w i t h m o r t g a g e s m a d e or s e r v i c e d ) at 5547 J a c k s o n D r i v e , La M e s a , C a l i f o r n i a , serving San D i e g o and Imperial c o u n t i e s in C a l i f o r n i a , through its subsidiary, T h e Kissel 1 C o m p a n y ( 1 / 5 / 8 2 ) 3/ Atlanta Southtrust Corporation, Birmingham, Alabama, notification of intent to e n g a g e in de novo a c t i v i t i e s (engaging in i n t e r n a t i o n a l banking a c t i v i t i e s in m a k i n g loans or other e x t e n s i o n s of credit related to i n t e r n a t i o n a l trade transa c t i o n s , including the issuance of c o m m e r c i a l letters of credit and e x e c u t i o n of a c c e p t a n c e s such as would normally b e created by an international finance o p e r a t i o n ; these a c t i v i t i e s will include s p e c i f i c a l l y the e x t e n s i o n of loans secured by import/export trade r e c e i v a b l e s and similar s e r v i c e s to fully a c c o m m o d a t e c u s t o m e r s engaged in intern a t i o n a l trade and related a c t i v i t i e s ) at 61 St. J o s e p h S t r e e t , M o b i l e , A l a b a m a , serving a trade area e x t e n d i n g about 75 m i l e s from M o b i l e , A l a b a m a ( 1 / 8 / 8 2 ) 3/ Chicago D E T R O I T B A N K C o r p o r a t i o n , Detroit, M i c h i g a n , n o t i f i c a t i o n of intent to e n g a g e in de novo a c t i v i t i e s (activities that may be carried on by a trust c o m p a n y , including those of a fiduciary, investment a d v i s o r y , a g e n c y or c u s t o d i a n n a t u r e ) at 5550 G l a d e s R o a d , Boca Raton, F l o r i d a , the g e o g r a p h i c scope w i l l be Palm Beach C o u n t y and West Palm Beach C o u n t y , Boca Raton S t a n d a r d M e t r o p o l i t a n S t a t i s t i c a l A r e a , through its s u b s i d i a r y , D B T T r u s t C o m p a n y of Florida (1/8/82) 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of G o v e r n o r s u n d e r d e l e g a t e d a u t h o r i t y . 1982 No. 2 - 1 4 A C T I O N S O F THE B O A R D - C o n t i n u e d St. Louis Cent erre Bancorporat ion (formerly First Union Bancorporat ion), S t . Louis, M i s s o u r i , n o t i f i c a t i o n of intent to engage in de n o v o a c t i v i t i e s (leasing of personal property for c o m m e r c i a l or business use and serving as agent, broker of a d v i s o r in the leasing of real and/or personal p r o p e r t y ) at 510 Locust S t r e e t , St. Louis, M i s s o u r i , serving M i s s o u r i , A r k a n s a s , C o l o r a d o , Illinois, Iowa, K a n s a s , K e n t u c k y , L o u i s i a n a , N e b r a s k a , T e n n e s s e e and T e x a s , through a subsidiary, C e n t e r r e L e a s i n g C o m p a n y ( 1 / 4 / 8 2 ) 3/ St. Louis C i t i z e n s Fidelity C o r p o r a t i o n , L o u i s v i l l e , K e n t u c k y , notification of intent to engage in de novo a c t i v i t i e s (in the leasing of personal property and equipment and acting as agent, b r o k e r or a d v i s e r in the leasing of such property in a m a n n e r such that the leasing would serve as a functional equivalent of an e x t e n s i o n of c r e d i t ) in O r l a n d o , F l o r i d a , serving the States of F l o r i d a , A l a b a m a , G e o r g i a and South C a r o l i n a , through its subsidiary, C i t i z e n s Fidelity Leasing C o r p o r a t i o n ( 1 / 8 / 8 2 ) 3/ Dallas Bank S e c u r i t i e s , Inc., A l b u q u e r q u e , New M e x i c o , n o t i f i c a tion of intent to engage in de novo a c t i v i t i e s (making leases or other e x t e n s i o n s of credit for real and personal property; s e r v i c i n g such leases for others; acting as agent, b r o k e r or adviser for leases involving real or personal p r o p e r t y ) at 200 L o m a s B o u l e v a r d , N.W., A l b u q u e r q u e , New M e x i c o , serving New M e x i c o , Texas, C o l o r a d o and A r i z o n a , through its subsidiary, A m e r i c a n National L e a s i n g C o . ( 1 / 6 / 8 2 ) 3/ San Franc isco B a n k A m e r i c a C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o tification of intent to relocate de n o v o a c t i v i t i e s (making or a c q u i r i n g for its own account loans and other e x t e n s i o n s of credit such as w o u l d be made or acquired by a finance c o m p a n y ; s e r v i c i n g loans and other e x t e n s i o n s of credit; and o f f e r i n g c r e d i t related life insurance and c r e d i t - r e l a t e d accident and health insurance; c r e d i t - r e l a t e d property insurance w i l l not be offered in e i t h e r the S t a t e of New J e r s e y or the southeast r e g i o n of P e n n s y l v a n i a ; such a c t i v i t i e s w i l l include, but not be limited to, m a k i n g c o n s u m e r installment loans, p u r c h a s i n g installment sales finance c o n t r a c t s , m a k i n g loans and other e x t e n s i o n s of credit to small b u s i n e s s e s , m a k i n g loans secured by real and personal property, and o f f e r i n g c r e d i t - r e l a t e d life and c r e d i t - r e l a t e d 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by R e s e r v e Bank on b e h a l f of the Board of G o v e r n o r s under d e l e g a t e d a u t h o r i t y . I H.2, 1982 N o . 2 - 1 5 A C T I O N S O F THE B O A R D - C o n t i n u e d accident and h e a l t h insurance d i r e c t l y related to e x t e n s i o n s of credit made or acquired by F i n a n c e A m e r i c a C o r p o r a t i o n ) from C o o k s t o w n , New J e r s e y to 6 Q u a k e r b r i d g e Plaza, H a m i l t o n T o w n s h i p , M e r c e r C o u n t y , New J e r s e y , serving the entire state of New Jersey and the southeast region of P e n n s y l v a n i a , through its indirect subsidiary, F i n a n c e A m e r i c a C o r p o r a t i o n (a New J e r s e y C o r p o r a t i o n ) ( 1 / 9 / 8 2 ) 3/ San Francisco B a n k A m e r i c a C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i fication of intent to engage in de novo a c t i v i t i e s (making or a c q u i r i n g for its own account loans and other e x t e n s i o n s of credit such as would be m a d e or acquired by a finance c o m p a n y ; servicing loans and o t h e r e x t e n s i o n s of credit; and offering credit related life insurance and credit related accident and h e a l t h insurance; credit related property i n s u r a n c e w i l l not be offered in the State of New M e x i c o ; such a c t i v i t i e s w i l l include, but not be limited to, m a k i n g consumer installment loans; p u r c h a s ing installment sales finance c o n t r a c t s ; m a k i n g loans and other e x t e n s i o n s of credit to small b u s i n e s s e s ; m a k i n g loans and other e x t e n s i o n s of credit secured by real and personal property; and offering credit related life and credit related accident and health insurance directly related to e x t e n s i o n s of credit made or acquired by F i n a n c e A m e r i c a C o r p o r a t i o n ) at 6 9 1 0 G. Montgomery, B o u l e v a r d , N.E., A l b u q u e r q u e , New M e x i c o , serving the entire State of New M e x i c o , through its indirect subsidiary, F i n a n c e A m e r i c a C o r p o r a t i o n (a New M e x i c o C o r p o r a t i o n ) ( 1 / 8 / 8 2 ) 3/ "an Francisco First I n t e r s t a t e B a n c o r p , Los A n g e l e s , C a l i f o r n i a , noti f ication of intent to engage in de novo a c t i v i t i e s (making or a c q u i r i n g loans and other e x t e n s i o n s of credit such as c o m m e r c i a l loans secured by a b o r r o w e r ' s inventory, accounts r e c e i v a b l e , or other assets and servicing l o a n s ) in Portland, O r e g o n and Denver, C o l o r a d o , serving C a l i fornia, O r e g o n , W a s h i n g t o n , Idaho, Utah, M o n t a n a , New Mexico, Arizona, Colorado, Wyoming, Nevada, Illinois, and Texas, through its subsidiary, First Interstate C o m m e r c i a l C o r p o r a t i o n ( 1 / 7 / 8 2 ) 3/ 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on b e h a l f of the Board of G o v e r n o r s under delegated a u t h o r i t y . H. 2, 1982 No. 2 - 1 6 APPLICATIONS RECEIVED T o E s t a b l i s h a D o m e s t i c B r a n c h Pursuant 9 of the F e d e r a l R e s e r v e Act to S e c t i o n New York M a n u f a c t u r e r s H a n o v e r Trust C o m p a n y , New Y o r k , N e w Y o r k . T o e s t a b l i s h a b r a n c h at 140 East 4 5 t h S t r e e t , New York, New Y o r k . 2/ Chicago The Detroit Bank and Trust C o m p a n y , D e t r o i t , M i c h i g a n . To e s t a b l i s h an offsite electronic facility at Hunter's S q u a r e S h o p p i n g C e n t e r , 31005 O r c h a r d Lake Road, F a r m i n g t o n Hills, M i c h i g a n . 2j San Franc isco F a r m e r s and M e r c h a n t s Bank, Forest G r o v e , O r e g o n . To establish a branch at the intersections of B r i d g e Street and Weed A v e n u e , V e r n o n i a , O r e g o n . 2/ New Y o r k United J e r s e y B a n k , H a c k e n s a c k , New J e r s e y , r e q u e s t s p e r m i s s i o n to e s t a b l i s h four o f f s i t e e l e c t r o n i c facility o f f i c e s at the following locations: (1) #2 B e t h a n y Road & H i g h w a y 35, Hazlet, New Jersey 07730 (2) 211 E l m o r a A v e n u e , E l i z a b e t h , New J e r s e y , 07202 (3) O a k T r e e A v e n u e & Case Drive, South P l a i n f i e l d , New J e r s e y , 0 7 0 8 0 (4) 80 Chestnut R i d g e Road, M o n t v a l e , New Jersey, 07645 * * * * * T o M e r g e Pursuant to S e c t i o n 1 8 ( c ) of the Federal Deposit I n s u r a n c e Act Cleveland T h e FTB F i f t h Bank, R u s s e l l v i l l e , O h i o , to merge with the Bank of R u s s e l l v i l l e , R u s s e l l v i l l e , Ohio. 2/ 2/ A p p l i c a t i o n subject to C o m m u n i t y R e i n v e s t m e n t A c t . The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e B a n k m a y be contacted as to the length of the comment period. H.2, 1982 N o . 2 - 1 7 A P P L I C A T I O N S R E C E I V E D - C o n t inued A p p l i c a t i o n s and N o t i f i c a t i o n s for I n t e r n a t i o n a l I n v e s t m e n t s and O t h e r A c t i o n s Pursuant to Sections 25 and 2 5 ( a ) of the F e d e r a l R e s e r v e Act and Sections 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the B a n k H o l d i n g C o m p a n y Act of 1956, as amended New Y o r k C i t i c o r p , N e w Y o r k , New York: prior n o t i f i c a t i o n of intent to m a k e a d d i t i o n a l investments, indirectly through its w h o l l y owned s u b s i d i a r y , C i t i c o r p I n t e r n a t i o n a l G r o u p , Inc., (CIG), W i l m i n g t o n , D e l a w a r e , in C I G ' s w h o l l y owned subsidiary, C i t i c o r p I n t e r n a t i o n a l L i m i t e d , Hong Kong. 2/ New York M o r g a n G u a r a n t y I n t e r n a t i o n F i n a n c e C o r p o r a t i o n , New Y o r k , New Y o r k and its parent, M o r g a n G u a r a n t y Trust C o m p a n y of New Y o r k , N e w Y o r k : prior n o t i f i c a t i o n of its intent to make an a d d i t i o n a l investment in the shares of Saudi I n t e r n a t i o n a l Bank L i m i t e d , (Saudi), L o n d o n , E n g l a n d , and to a c q u i r e and hold S a u d i 1 s s u b o r d i n a t e d d e p t . 2/ * * * * * T o F o r m a Bank H o l d i n g C o m p a n y Pursuant 3 ( a ) ( 1 ) of the Bank H o l d i n g C o m p a n y Act to Section of 1956 Boston B r o a d w a y C a p i t a l C o r p o r a t i o n , C h e l s e a , M a s s a c h u s e t t s , for approval to a c q u i r e at least 80 percent of the voting shares o f T h e B r o a d w a y N a t i o n a l Bank of C h e l s e a , C h e l s e a , M a s s a c h u s e t t s . 2/ Boston First M a s s a c h u s e t t s M a n a g e m e n t C o r p o r a t i o n , B r o c k t o n , M a s s a c h u s e t t s , for a p p r o v a l to retain 80 percent of the v o t i n g shares of First M a s s a c h u s e t t s F i n a n c i a l C o r p o r a t i o n , B r o c k t o n , M a s s a c h u s e t t s , by v i r t u e of its control of M a s s a c h u s e t t s Bank and Trust C o m p a n y , B r o c k t o n , M a s s a c h u s e t t s . 2/ P h i l a d e l p h ia Central C o u n t i e s B a n c o r p , Inc., S t a t e C o l l e g e , P e n n s y l v a n i a , a p p r o v a l to a c q u i r e 100 percent of the v o t i n g shares of C e n t r a l C o u n t i e s Bank, State C o l l e g e , P e n n s y l v a n i a . 27 Phi ladelphia C o n t i n e n t a l B a n c o r p , Inc., P h i l a d e l p h i a , P e n n s y l v a n i a , for approval to a c q u i r e 100 percent of the voting shares of C o n t i n e n t a l Bank, N o r r i s t o w n , P e n n s y l v a n i a . 2/ 2/ A p p l i c a t i o n subject to C o m m u n i t y R e i n v e s t m e n t A c t . The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Bank m a y be c o n t a c t e d as to the length of the c o m m e n t p e r i o d . i for H.2, 1962 N o . 2 - 1 8 APPLICATIONS RECEIVED-Continued Cleveland Southwest National C o r p o r a t i o n , G r e e n s b u r g , P e n n s y l v a n i a , a p p r o v a l to a c q u i r e 100 percent of the voting shares of S o u t h w e s t National Bank of P e n n s y l v a n i a , G r e e n s b u r g , P e n n s y l v a n i a . 2/ Atlanta First B u l l o c h Banking C o r p o r a t i o n , S t a t e s b o r o , G e o r g i a , for approval to a c q u i r e 100 percent of the voting shares of First Bulloch Bank & Trust C o m p a n y , S t a t e s b o r o , G e o r g i a . 2J Atlanta Great G u a r a n t y B a n c s h a r e s , Inc., New R o a d s , L o u i s i a n a , for approval to a c q u i re at least 80 percent of the voting shares of G u a r a n t y Bank and Trust C o m p a n y , N e w Roads, L o u i s i a n a . 2/ Atlanta P e o p l e s C a p i t a l C o r p o r a t i o n , U n i o n , M i s s i s s i p p i , for approval to a c q u i r e 100 percent of the v o t i n g shares of P e o p l e s Bank of M i s s i s s i p p i f N.A., U n i o n , M i s s i s s i p p i . 2] Chicago F & M Financial S e r v i c e s C o r p o r a t i o n , M e n o m o n e e Falls, W i s c o n s i n , for approval to acquire at least 80 percent of the voting shares of F a r m e r s & M e r c h a n t s Bank, M e n o m o n e e Falls, W i s c o n s i n . 2j Chicago Hammond B a n c s h a r e s , Inc., H a m m o n d , Illinois, for approval for to a c q u i r e 100 percent of the voting s h a r e s (less d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of T h e S t a t e Bank of H a m m o n d , H a m m o n d , Illinois. 2/ Chicago M e r c h a n t s B a n c o r p , Inc., A u r o r a , I l l i n o i s , for approval to a c q u i r e 100 percent of the v o t i n g s h a r e s (less d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by m e r g e r to The M e r c h a n t s National Bank of A u r o r a , A u r o r a , Illinois. 2/ Chicago Quad C i t i e s First C o m p a n y , Rock Island, Illinois, for approval to a c q u i r e 100 percent of the v o t i n g shares (less d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the s u c c e s s o r by m e r g e r to First National Bank of the Quad C i t i e s , R o c k Island, Illinois. 2/ Chicago San Jose Banco, Inc., San Jose, Illinois, for approval to a c q u i r e at least 90 percent of the voting shares of San Jose T r i - C o u n t y Bank, San Jose, I l l i n o i s . 2J <:h i c.ir.o Southwest Financial C o r p o r a t i o n , E v e r g r e e n Park, Illinois, for approval to a cquire 100 percent of the voting shares (l«'ss d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by s w r g e r to E v e r g r e e n Plaza B a n k , E v e r g r e e n Park, Illinois. 2/ 27 A p p l i c a t i o n subject to C o m m u n i t y R e i n v e s t m e n t A c t . The Community A f f a i r s o f f i c e r of the a p p l i c a b l e R e s e r v e B a n k m a y be contacted a s to thr length of the comment p e r i o d . H.2, - 1 9 - 1962 N o . 2 APPLICATIONS RECEIVED-Continued Chicago W a b a n c , Inc., W a b a s h , Indiana, for a p p r o v a l to acquire 100 percent of the v o t i n g shares of the s u c c e s s o r by m e r g e r to T h e First N a t i o n a l Bank in W a b a s h , W a b a s h , Indiana. 2/ Ch i c ago W a b a s h V a ! l e y B a n c o r p o r a t i o n , Inc., Peru, Indiana, for approval to a c q u i r e 100 percent of the voting shares of the successor by m e r g e r to W a b a s h V a l l e y Bank and Trust C o m p a n y , Peru, Indiana. 27 Mi n n r a p o ] is !Su! I ,i 1 o Bancorporat ion, Inc., Buffalo, South Dakota, for approval tit a c q u i r e at least 67 percent of the v o t i n g shares of First S t a t e Bank of B u f f a l o , B u f f a l o , South D a k o t a . 2/ Mxnneapoli s C r o o k s t o n Financial S e r v i c e s , Inc., C r o o k s t o n , M i n n e s o t a , for approval to a c q u i r e at least 80 percent of the voting shares of C r o o k s t o n N a t i o n a l Bank, C r o o k s t o n , M i n n e s o t a . 2J Mi nneapoli *, We 1ls-Foster B a n k s h a r e s , Inc., C a r r i n g t o n , North Dakota, for a p p r o v a l to a c q u i r e at least 97.75 percent oi the v o t i n g s h a r e s of F a r m e r s S t a t e B a n k , C a r r i n g t o n , North Dakota. 2] Kansas City W o o d r i v e r B a n c o , Inc., O c o n t o , N e b r a s k a , for approval to a c q u i r e 100 percent of the voting shares of T h e Farmers Bank, O c o n t o , N e b r a s k a . 2/ Dal las B r o a d w a y B a n c s h a r e s , Inc., San A n t o n i o , T e x a s , for approval a c q u i r e 100 percent of the voting shares of B r o a d w a y National Bank, San A n t o n i o , T e x a s . 2/ Da 11 as L i b e r t y N a t i o n a l B a n c s h a r e s , Inc., L o v i n g t o n , New M e x i c o , for approval to a c q u i r e at least 80 percent of the voting shares of L i b e r t y National Bank, L o v i n g t o n , New M e x i c o . 2J Dallas Onited M a d i s o n B a n c s h a r e s , Inc., Houston, T e x a s , for approval to a c q u i r e at least 86.9 percent of the voting shares of Untied M a d i s o n Bank, N.A., Houston, T e x a s . 2/ San Franc isco S t a t e Bank of India, B o m b a y , India, for approval to a c q u i r e 100 percent of the voting shares of S t a t e Bank of India, Los A n g e l e s , C a l i f o r n i a , a proposed n e w bank. 2/ San Franc i sco T r a h a n c , Salt Lake C i t y , Utah, for approval to acquire 2/ A p p l i c a t i o n subject to C o m m u n i t y Reinvestment A c t . The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e Bank m a y be contacted as to Mm* length oi the comment p e r i o d . 100 percent of the voting shares of T r a c y C o l l i n s Bank and Trust through T r a c y B a n c o r p , Salt L a k e City, Utah. t ] to H.2, 1982 N o . 2 - 20 APPLICATIONS To Expand a Bank Holding Company Pursuant 3 ( a ) ( 3 ) of Cleveland the B a n k H o l d i n g C o m p a n y A c t Fifth Third acquire Bancorp, Cincinnati, Ohio, 100 p e r c e n t of RusselIville, Richmond Carolina proval of the v o t i n g Inc., to a c q u i r e Sanford, 100 p e r c e n t by m e r g e r to S e c t i o n of of The North Carolina, of Chicago the v o t i n g 100 p e r c e n t qualifying s h a r e s ) o f the to a c q u i r e the successor Illinois, and qualifying the v o t i n g least 57.6 by m e r g e r for a p p r o v a l shares Michigan. Chicago, percent Illinois, of indirectly acquire 100 p e r c e n t International to a c q u i r e of Texas, 100 p e r c e n t S t a t e Batik o f C o r p u s C h r i s t i , acquire substantially liabilities Texas. shares of (less d i r e c t o r s ' Bank, Chicago, Inc., K a n s a s City, M i s s o u r i , Bancshares Corporation approval for a p p r o v a l the v o t i n g a c q u i r e at least 8 0 p e r c e n t of the v o t i n g State Bank, Wentzville, Missouri. I f National to H u r o n 2/ to 0 ' H A R E B A N C C O R P . , C h i c a g o , s h a r e s ) of 0'Hare Commerce Bancshares, Dallas (less d i r e c t o r s ' s u c c e s s o r by m e r g e r Bank, Ann Arbor, North I f Illinois. Kansas City of Corporation, at for a p - s h a r e s of to B a n k o f A l a m a n c e , G r a h a m , to a c q u i r e Northern Trust to Bank 27 DETROITBANK Corporation, Detroit, Michigan, Valley National 1956 for a p p r o v a l shares Russellville, Ohio. BanCorp, the s u c c e s s o r C a r o l i n a . 2/ Chicago RECEIVED-Continued all of of for shares approval San Antonio, Texas, the v o t i n g and of Corpus Christi Bankshares, and to a s s u m e Inc., to the Corpus Christi, 2/ * * * * * To Expand a Bank Holding 4 ( c ) ( 8 ) of New York The Chase Manhattan Corporation, permission to e s t a b l i s h following activities account 2/ A p p l i c a t i o n subject Affairs Officer as to the Company Pursuant the B a n k H o l d i n g C o m p a n y A c t of length of and for New York, a de p o v o o f f i c e (making the a c c o u n t the c o m m e n t 1956 New York, engaging or a c q u i r i n g , of others, to C o m m u n i t y R e i n v e s t m e n t A c t . the a p p l i c a b l e to S e c t i o n of for loans request in the its and I own others The C o m m u n i t y R e s e r v e B a n k m a y be c o n t a c t e d period. for s h a r e s of F i r s t Corpus Christi, Texas, the a s s e t s , to of W e n t z v i l l e H.2, 1982 N o . 2 - 2 1 A P P L I C A T I O N S R E C E I V E D - C o n t inued e x t e n s i o n s of c r e d i t , both secured and unsecured including, but not limited to, c o n s u m e r and b u s i n e s s purposes and m o r t g a g e loans secured by real property; servicing loans and other e x t e n s i o n s of c r e d i t ; selling travelers checks at retail; a c t i n g as insurance agent or b r o k e r for credit life insurance and credit accident and health i n s u r a n c e d i r e c t l y r e l a t e d to such lending and servicing a c t i v i t i e s ) at 12720 H i l I c r e s t Road, S u i t e 105, D a l l a s , T e x a s , through its subsidary, C h a s e M a n h a t r a F i n a n c i a l S e r v i c e s Inc. ( 1 / 8 / 8 2 ) New York C i t i c o r p , N e w Y o r k , N e w Y o r k , r e q u e s t s p e r m i s s i o n to e s t a b l i s h a de n o v o o f f i c e e n g a g i n g in the following a c t i v i t i e s (making or a c q u i r i n g , for its own account or for the account of others, c o m m e r c i a l loans and other e x t e n s i o n s of credit; and leasing p e r s o n a l or real property or acting as agent, broker or advisor in leasing such p r o p e r t y and s e r v i c i n g such leases, subject to all q u a l i f i c a t i o n s specified in 12 C . F . R . 2 2 5 . 4 ( a ) ( 6 ) ( a ) and (b), w h e r e the leases serve as the functional equivalent of an e x t e n s i o n of credit to the lessee of the p r o p e r t y ) at 1 C o n t i n e n t a l Plaza, 101 C o n t i n e n t a l B o u l e v a r d , I n t e r n a t i o n a l C e n t e r , El Segunda, C a l i f o r n i a , through its subsidiary, C i t i c o r p I n d u s t r i a l Credit, Inc. ( 1 / 7 / 8 2 ) New York C i t i c o r p , N e w Y o r k , N e w Y o r k , r e q u e s t s p e r m i s s i o n to expand the a c t i v i t i e s of an e x i s t i n g o f f i c e (the m a k i n g of loans to i n d i v i d u a l s and b u s i n e s s e s to finance the p u r c h a s e of m o b i l e h o m e s , m o d u l a r units or related m a n u f a c t u r e d h o u s i n g , together w i t h the real p r o p e r t y to w h i c h such h o u s i n g is or w i l l be p e r m a n e n t l y a f f i x e d , such p r o p e r t y b e i n g used as security for the l o a n s ) at 2426 C e e Gee S t r e e t , Suite 202, San A n t o n i o , T e x a s , through its subsidary, C i t i c o r p A c c e p t a n c e C o m p a n y , Inc., (Delaware) (1/7/82) N e w York First G l e n B a n c o r p , Inc., G l e n s F a l l s , N e w Y o r k , for approval to a c q u i r e 100 percent of the v o t i n g shares of V a n Dyke A s s o c i a t e s , I n c o r p o r a t e d , G l e n s F a l l s , New Y o r k , and to engage through C o m p a n " in c e r t a i n real estate a p p r a i s a l a c t i v i t i e s . Philadelphia H e r i t a g e B a n c o r p o r a t i o n , C h e r r y Hill, N e w J e r s e y , n o t i f i c a t i o n of intent to e n g a g e in de novo a c t i v i t i e s (consumer finance a c t i v i t i e s in a d d i t i o n to its c u r r e n t l y authorized a c t i v i t i e s , including the a r r a n g i n g , m a k i n g or a c q u i r i n g for its own account or for the account of o t h e r s , loans and other e x t e n s i o n s of credit secured by a r e s i d e n t i a l or c o m m e r c i a l m o r t g a g e (first or other j u n i o r l i e n ) such as w o u l d be m a d e by a consumer finance c o m p a n y , s e r v i c i n g such loans and other e x t e n s i o n s of credit for any p e r s o n ; a c t i n g as an agent or b r o k e r for the sale of I I H.2, 1982 N o . 2 22 A P P L I C A T I O N S R E C E I V E D - C o n t inued c red i L life, accident and health insurance which is directly related to such loans and e x t e n s i o n s of c r e d i t ) at 76 Euclid A v e n u e , H a d d o n f ield, New J e r s e y , servicing New Jersey, through its o f f i c e s in New J e r s e y , P e n n s y l v a n i a , V i r g i n i a , Delaware and Florida, through its subsidiary, H e r i t i a g e M o r t g a g e Finance Company (1/7/82) Dallas C o n s o l i d a t e d B a n c s h a r e s , Inc., A b i l e n e , T e x a s , n o t i f i c a t i o n of intent to e n g a g e in de novo a c t i v i t i e s (in m a k i n g and a c q u i r i n g for its own a c c o u n t , loans and other e x t e n s i o n s of credit such as would he made by a m o r t g a g e c o m p a n y , including, as examples, o r i g i n a t i o n , p u r c h a s e , sale and servicing of all types of m o r t g a g e loans (both long-term and s h o r t - t e r m ) ; c o n s t r u c t i o n and development loans; issuance of s t a n d b y and firm take-out c o m m i t m e n t s for r e s i d e n t i a l , c o m m e r c i a l , c o n s t r u c t i o n and d e v e l o p m e n t loans; o p e r a t i o n of a m a n a g e m e n t consultant d e p a r t ment for the purpose of a s s i s t i n g n o n a f f i l i a t e d banks in the running of a m o r t g a g e loan o p e r a t i o n ; buying, selling, and d e a l i n g in G N M A m o r t g a g e - b a c k e d s e c u r i t i e s , G N M A options conv e n t i o n a l m o r t g a g e backed s e c u r i t i e s , loan p a r t i c i p a t i o n , and other types of s e c o n d a r y market a c t i v i t i e s related to the m o r t g a g e b a n k i n g i n d u s t r y ) at San M i g u e l Square, Suite 262, 3303 North H i d k i f f , M i d l a n d , Midland C o u n t y , T e x a s , and in Odessa, Ector C o u n t y , T e x a s , serving the c i t i e s of A b i l e n e , A u s t i n , Dallas, Fort W o r t h , H o u s t o n , L u b b o c k , M i d l a n d / O d e s s a , San A n t o n i o and W i c h i t a F a l l s , T e x a s , and the c o u n t i e s in w h i c h such c i t i e s are located, through its s u b s i d i a r y , C o n s o l i d a t e d B a n k e r s 1 M o r t g a g e C o m p a n y (12/31/81 San Francisco BankAraerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a t i o n of intent to r e l o c a t e de novo a c t i v i t i e s (in m a k i n g or acquiring for its own a c c o u n t loans and other e x t e n s i o n s of credit such as w o u l d be m a d e or acquired by a finance c o m p a n y ; servicing loans and other e x t e n s i o n s of credit; and o f f e r i n g c r e d i t - r e l a t e d life insurance and c r e d i t - r e l a t e d accident and health insurance; c r e d i t related p r o p e r t y insurance w i l l not be offered in either the state of New J e r s e y or the southeast r e g i o n of P e n n s y l v a n i a ; such a c t i v i t i e s w i l l include, but not be limited to, m a k i n g c o n s u m e r installment loans, p u r c h a s i n g installment sales finance c o n t r a c t s , m a k i n g loans and o t h e r e x t e n s i o n s of credit to small b u s i n e s s e s , m a k i n g loans secured by real and personal property, and o f f e r i n g c r e d i t - r e l a t e d life and c r e d i t - r e l a t e d accident and health insurance d i r e c t l y related to e x t e n s i o n s of credit m a d e or a c q u i r e d by F i n a n c e A m e r i c a C o r p o r a t i o n ) from Suite 1001 - 1005 W i l s o n B u i l d i n g , Broadway and C o o p e r Street, C a m d e n , New J e r s e y to 3001 G r e e n t r e e , E x e c u t i v e C a m p u s , B u r l i n g t o n County, M a r 1 t o n , New J e r s e y , s e r v i n g the entire state of New J e r s e y and the southeast region of P e n n s y l v a n i a , through its indirect s u b s i d i a r y , F i n a n c e A m e r i c a C o r p o r a t i o n (a New J e r s e y c o r p o r a t i o n ) ( 1 2 / 2 3 / 8 1 ) I H.2, 23 - 1982 N o . 2 A P P L I C A T I O N S R E C E I V E D - C o n t inued REORTS RECEIVED O w n e r s h i p S t a t e m e n t Filed Pursuant to S e c t i o n 1 3 ( d ) of the S e c u r i t i e s E x c h a n g e Act U n i o n Trust C o m p a n y o f E l l s w o r t h , E l l s w o r t h , M a i n e (Filed b y A l f r e d S. M a r t i n ) * * * * * P E T I T I O N S FOR R U L E M A K I N G None
@FedFRASER