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ANNOUNCEMENT BY

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1986, No. 29
Actions of the Board
Applications and Reports Received
During the Week Ending July 19, 1986
ACTIONS OF THE BOARD
Monetary policy report to Congress, July 18,
1986
New York

United Bank Corporation of New York,
Downsville, New York — extension to October
30, 1986, to acquire The First National Bank
of Downsville. 1/

Philadelphia

Fidelity Bank, National Association Malvern,
Pennsylvania — proposed merger with
Industrial Valley Bank and Trust Company,
Jenkintown, Pennsylvania — report to the
Comptroller of the Currency on competitive
factors. 1/

Philadelphia

BankVest, Inc., Wilkes-Barre, Pennsylvania
— extension to October 28, 1986, to acquire
additional shares of First Peoples National
Bank, Edwardsville, Pennsylvania. 1/

Cleveland

Pandora Bancshares, Incorporated, Pandora,
Ohio — extension to October 10, 1986, within
which to acquire The First National Bank of
Pandora. 1/

Cleveland

The Dollar Savings and Trust Company,
Youngstown, Ohio — extension to October 31,
1986, to establish a CBCT branch at the
General Motors Van Plant, Lordstown, Ohio.
1/

Richmond

Putnam Bancshares, Inc., Hurricane, West
Virginia — extension to December 5, 1986,
to acquire Putnam County Bank. 1/

1/




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

H.2, 1986, No. 29

-2-

ACTIONS OF THE BOARD - Continued
Richmond

Union Bank and Trust Company, Bowling Green,
Virginia — investment in bank premises. 1/

Chicago

East Side Bancorporation, Chicago, Illinois
— extension to September 22, 1986, to
acquire East Side Bank and Trust Company. 1/

St. Louis

Landmark KCI Bank, Kansas City, Missouri
proposed merger with Landmark Bank of Kansas
City -— report to the Federal Deposit
Insurance Corporation on competitive factors.
1/

St. Louis

Indiana First National Bank, Scottsburg,
Indiana — proposed merger with Indiana
First National Bank, Charlestown, Indiana
report to the Federal Deposit Insurance
Corporation on competitive factors. 1/

St. Louis

Puxico State Bank, Puxico, Missouri —
proposed merger with First National Bank of
Poplar Bluff, Poplar Bluff, Missouri, report
to the Comptroller of the Currency on
competitive factors. 1/

Minneapolis

Mid-Wisconsin Financial Services, Inc.,
Medford, Wisconsin — extension to September
30, 1986, to acquire the State Bank of
Medford. 1/

Kansas City

American Bank of Spickard/Trenton, Trenton,
Missouri — proposed merger with American
Bank of Marceline, Marceline, Missouri,and
American Bank of Princeton, Princeton,
Missouri — report to the Federal Deposit
Insurance Corporation on competitive factors.
1/

Dallas

Texas American Bancshares, Inc., Fort Worth,
Texas — extension to November 6, 1986, to
acquire Texas American Bank/U.S., Newark, New
Jersey. 1/

Dallas

Texas American Bancshares, Inc., Fort Worth,
Texas — extension to October 14, 1986, to
acquire Texas American Bank/Cityview, N.A.
1/

1/

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




H.2, 1986, No. 29

-3-

ACTIONS OF THE BOARD - Continued
Dallas

New First State Bank, Weimar, Texas
proposed merger with First State Bank —
report to the Federal Deposit Insurance
Corporation on competitive factors. 1/

Dallas

New Liberty Bank, Liberty, Texas — proposed
merger with First State Bank — report to the
Federal Deposit Insurance Corporation on
competitive factors. 1/

San Francisco

Nevada First Thrift, Reno, Nevada —
extension of time to divest certain property.
1/
* * * * *

To Become a Member of the Federal
Reserve System Pursuant to
Section 9 of the Federal Reserve Act
Returned
Chicago

Citizens Bank and Trust Company, Warren,
Chicago.
(7/15/86)
* * * * *
To Establish a Domestic Branch
Pursuant to Section 9
of the Federal Reserve Act
Approved

Richmond

Bank of Virginia, Richmond, Virginia — to
establish a branch at 4900 Seminary Road,
Alexandria, Virginia. 1/ (7/18/86)

Chicago

Wyandotte Savings Bank, Wyandotte, Michigan
— to establish an EFT at 21111 Goddard,
Taylor, Michigan. 1/ (7/16/86)
* * * * *
To Become a Member of the Federal
Reserve System Pursuant to Section 9
of the Federal Reserve Act
Approved

Richmond

1/

Barclays Bank of North Carolina, Charlotte,
North Carolina. 1/ (7/18/86)

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




H.2, 1986, No. 29

-4-

ACTIONS OF THE BOARD - Continued
San Francisco

Bank of Encino, Encino, California, a
proposed new bank. 1/ (7/18/86)
* * * * *

Applications and Notifications for International
Investments and Other Actions Pursuant to
Sections 25 and 25(a) of the Federal Reserve
Act and Sections 4(c)(9), 4(c)(13) and 4(c)(14)
of the Bank Holding Company Act of 1956, as amended
Forty-Five Day Notification Allowed to Expire
Approved
Citibank Overseas Investment Corporation,
Wilmington, Delaware: no objection to
establish Corporacion Mundial de Servicios,
S.A. de C.V., Mexico City, Mexico, a
de novo commercial finance company by
reapportioning capital from an existing
Mexican subsidiary.
(7/13/86)
* * * * *
To Expand a Bank Holding Company Pursuant
to Section 3(a)(1) of the Bank Holding
Company Act of 1956
Returned
Chicago

Peoples Tri-County Bancorporation, Des
Moines, Iowa — for approval to acquire 100
percent of the voting shares of Peoples State
Bank, Albia, Iowa (a proposed new bank).
(7/11/86)

Dallas

Galenabanc, Inc., Galena Park, Texas — for
approval to acquire 100 percent of the voting
shares of Galena Park State Bank, Galena
Park, Texas.
(7/22/86)
* * * * *

Approved
Atlanta

1/




First St. Charles Bancshares, Inc., Boutte,
Louisiana — for approval to acquire 100
percent of the voting shares of The First
National Bank of St. Charles Parish, Boutte,
Louisiana. 1/ (7/17/86)

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

H.2, 1986, No. 29

-5-

ACTIONS OF THE BOARD - Continued
Chicago

Villa Park Trust & Savings Bank Employes'
Stock Ownership Plan, Villa Park, Illinois
— for approval to acquire 30 percent of the
voting shares of Edville Bankcorp, Inc.,
Villa Park, Illinois, and indirectly Villa
Park Trust & Savings Bank, Villa Park,
Illinois. 1/ (7/17/86)

Minneapolis

Treasure Bancorp, Inc., Plentywood, Montana
— for approval to acquire 100 percent of the
voting shares of Reserve Enterprises, Inc.,
Plentywood, Montana, and indirectly 99.6
percent of Montana National Bank of
Plentywood, Plentywood, Montana. 1/
(7/14/86)
* * * * *

To Expand a Bank Holding Company Pursuant
to Section 3(a)(3) of the Bank Holding
Company Act of 1956
Approved
New York

Barclays PLC, London, England, Barclays Bank
PLC, London, England; Barclays USA Inc.,
Wilmington, Delaware; Barclays U.S. Holdings
Inc., New York, New York; and
BarclaysAmerican-Corporation, Charlotte,
North Carolina, for approval to acquire 100
percent of the voting shares of Barclays Bank
of North Carolina, Greenville, North
Carolina, a proposed new bank. 1/ (7/18/86)

Philadelphia

BT Financial Corporation, Johnstown,
Pennsylvania — for approval to acquire 100
percent of the voting shares of Fayette Bank
and Trust Company, Uniontown, Pennsylvania.
1/ (7/17/86)

Atlanta

The Citizens and Southern Corporation,
Atlanta, Georgia and Citizens and Southern
Florida Corporation, Fort Lauderdale, Florida
— for approval to acquire 100 percent of the
voting shares of Landmark Bank of Seminole
County, Casselberry, Florida, a proposed new
bank. 1/ (7/15/86)

1/

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




H.2, 1986, No. 29

-6 -

ACTIONS OF THE BOARD - Continued
Atlanta

Hibernia Corporation, New Orleans, Louisiana
— for approval to acquire up to 25 percent
of the voting shares of Southwest National
Bank of Lafayette, Lafayette, Louisiana. 1/
(7/17/86)

Atlanta

Leeds Bancgroup, Inc., Birmingham, Alabama
— for approval to acquire 52.35 percent of
the voting shares of The Fort Deposit Bank,
Fort Deposit, Alabama. 1/ (7/15/86)

Chicago

American Fletcher Corporation, Indianapolis,
Indiana — for approval to acquire 100
percent of the voting shares Citizens
Northern Company, Inc., Elkhart, Indiana and
indirectly Citizens Northern Bank of Elkhart,
Elkhart, Indiana. 1/ (7/14/86)

Chicago

F & M Financial Services Corporation,
Menomonee Falls, Wisconsin — for approval
to acquire 100 percent of the voting shares
of Rural Financial Services, Inc., Dousman,
Wisconsin and indirectly Dousman State Bank,
Dousman, Wisconsin, and Mansfield State Bank,
Johnson Creek, Wisconsin. 1/ (7/14/86)

Chicago

First Wisconsin Corporation, Milwaukee,
Wisconsin — for approval to acquire 100
percent of the voting shares of City
Bankshares, Inc., Portage, Wisconsin and
indirectly City Bank and Trust Company,
Portage, Wisconsin. 1/ (7/18/86)

St. Louis

National City Bancshares, Inc., Evansville,
Indiana — for approval to acquire 100
percent of the voting shares of Chandler
State Bank, Chandler, Indiana. 1/ (7/16/86)

St. Louis

Old National Bancorp, Evansville, Indiana —
for approval to acquire 100 percent of the
voting shares of The Rockville National Bank,
Rockville, Indiana. 1/ (7/18/86)

Minneapolis

Dakota Bankshares, Inc., Fargo, North Dakota
— for approval to acquire 26.32 percent of
the voting shares of Bankers Financial
Corporation, Drake, North Dakota and
indirectly First Bank in Drake, Drake, North
Dakota. 1/ (7/14/86)

1/

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




H.2, 1986, No. 29

-7-

ACTIONS OF THE BOARD - Continued

Dallas

First TexCorp, Inc., Dallas, Texas — for
approval to acquire 100 percent of the voting
shares of First Texas Bank-Irving, N.A.,
Irving, Texas, a proposed new bank. 1/
(7/18/86)

San Francisco

First Interstate Corporation, Los Angeles,
California — for approval to acquire 100
percent of the voting shares of First
Interstate Bank of Oklahoma City, N.A.,
Oklahoma City, Oklahoma, a proposed new bank.
(7/15/86)
* * * * *

To Expand a Bank Holding Company Pursuant
to Section 3(a)(5) of the Bank Holding
Company Act of 1956
Approved
Cleveland

Banc One Corporation, Columbus, Ohio —
for
approval to merge with First Crawfordsville
Financial Corporation, Crawfordsville,
Indiana and indirectly acquire First
National Bank and Trust Company of
Crawfordsville, Crawfordsville, Indiana. 1/
(7/14/86)

Atlanta

Hibernia Corporation, New Orleans, Louisiana
— for approval to merge with Southwest
Bancshares, Inc., Lafayette, Louisiana and
indirectly acquire Southwest National Bank of
Lafayette, Lafayette, Louisiana.
(7/17/86)
* * * * *
To Expand a Bank Holding Company Pursuant
to Section 4(c)(8) of the Bank Holding
Company Act of 1956
Withdrawn

New York

1/

Bayerische Vereinsbank, Munich, Germany
to engage de novo (advising a company
registered under the Investment Company Act
of 1940; providing portfolio investment
advice to any person through its subsidiary
AE Capital Management, Inc.
(7/16/86)

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




H.2, 1986, No. 29

-8-

ACTIONS OF THE BOARD - Continued
Returned
Chicago

Itasca Bancorp, Inc., Itasca, Illinois — to
acquire B.I.P., Inc., Bloomingdale, Illinois
and thereby engage in providing data
processing services to its principals.
(7/16/86)

Kansas City

First State Bancshares, Inc., Scottsbluff,
Nebraska — to engage de novo (engaging in
insurance agency activities if the bank
holding company has $50 million or less in
total consolidated assets) through a newly
formed corporation, First State Insurance,
Inc., Scottsbluff, Nebraska. The activity
will be conducted on a nationwide basis.
(6/30/86)
* * * * *

Approved
Kansas City

FirstBank Holding Company of Colorado,
Lakewood, Colorado — for approval to
engage de novo in the issuance and sale of
payment instruments, as follows:
(1)
domestic money orders, up to a maximum face
value of $10,000; and (2) official checks,
with no limitation on the maximum face
amount, but subject to certain conditions.
(7/17/86)

Kansas City

Johnston County Bancshares, Inc., Tishomingo,
Oklahoma — to acquire 100 percent of the
voting shares of Johnston County Insurance
Agency, Inc., Tishomingo, Oklahoma, and
thereby indirectly engage in the extension of
credit life, accident and health insurance.
1/
(7/18/86)
* * * * *
Redemption of Shares
Approved

St. Louis

1/




Colonial Bancshares, Inc., Des Peres,
Missouri. 1/ (7/15/86)

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

H.2, 1986, No. 29

-9-

ACTIONS OP THE BOARD - Continued

Permitted
Philadelphia

Southern Jersey Bancorp, Bridgeton, New
Jersey -- to engage de novo (providing to
others financially related data processing
and data transmission services, facilities,
and data bases; or access to them). 3/
(7/18/86)

Cleveland

Mellon Bank Corporation, Pittsburgh,
Pennsylvania — to engage de novo (engaging
in community development activities) through
its subsidiary, Mellon Bank Community
Development Corporation, Pittsburgh,
Pennsylvania. The activity will be conducted
in the States of Pennsylvania, Maryland and
Delaware. 3/ (7/16/86)

Kansas City

New Mexico Banquest Corporation, Santa Fe,
New Mexico — to engage de novo (providing to
others financially related data processing
and data transmission services, facilities,
and data bases; or access to them). 3/
(7/18/86)
* * * * *
Issued Intent Not to Disapprove
Change of Control Pursuant to
to Change in Bank Control
Act of 1978
Approved

St. Louis

Colonial Bancshares, Inc., Des Peres,
Missouri
(7/15/86)

Minneapolis

First Valley Bank, Seeley Lake, Montana.
(7/17/86)

Kansas City

First State Financial Corporation, Larned,
Kansas.
(7/15/86)

Kansas City

First National Bancorp, Inc., Phoenix,
Arizona.
(7/18/86)

1/
3/

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




H.2, 1986, No. 29

- 10-

APPLICATIONS RECEIVED
To Establish a Domestic Branch
Pursuant to Section 9 of
the Federal Reserve Act
Received
Richmond

Union Bank and Trust Company, Bowling Green,
Virginia ■— to establish a branch at the
intersection of State Routes 208 and 639,
Spotsylvania County, Virginia. 2/
* * * * *
To Merge Pursuant to Section
18(c) of the Federal Deposit
Insurance Act
Received

Chicago

Bank of Lakeview, Lakeview, Michigan — to
merge with Lakeview Interim Bank, Lakeview,
Michigan. 2/

Dallas

New First State Bank, Weimar, Texas — to
merge with First State Bank, Weimar, Texas.
2/

Dallas

New Liberty Bank, Liberty, Texas — to merge
with First State Bank, Liberty, Texas. 2/
* * * * *
To Become a Member of the Federal
Reserve System Pursuant to Section
9 of the Federal Reserve Act
Received

Richmond

Barclays Bank of North Carolina, Charlotte,
North Carolina. 2/

Atlanta

First Southern Bank, Boca Raton, Florida,
proposed new bank). 2/

2/




(a

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

H.2, 1986, No. 29

_n_

APPLICATIONS RECEIVED - Continued
* * * * *
To Expand a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Received
New York

Midlantic Corporation, Edison, New Jersey
for approval to acquire 100 percent of the
voting shares of Midlantic Banks, Inc.,
Edison, New Jersey and indirectly Midlantic
National Bank, Newark, New Jersey; Midlantic
National Bank/North, West Paterson,
New Jersey; Midlantic National Bank/South,
Mount Laurel, New Jersey; Midlantic National
Bank/Merchants, Neptune, New Jersey;
Midlantic National Bank/Sussex & Merchants,
Newton, New Jersey; Midlantic National
Bank/Union Trust, Wildwood, New Jersey; and
15.9 percent of Statewide Bancorp, Toms
River, New Jersey; and indirectly First
National Bank of Toms River, Toms River, New
Jersey; to acquire Continental Bancorp, Inc.,
Philadelphia, Pennsylvania and indirectly
Continental Bank, Norristown, Pennsylvania;
The York Bank and T/C, York, Pennsylvania and
United Penn Bank, Wilkes-Barre, Pennsylvania;
York Bancorp, Inc., York, Pennsylvania and
indirectly The York Bank and Trust Company,
York, Pennsylvania; and United Penn
Corporation, Wilkes-Barre, Pennsylvania and
indirectly United Penn Bank, Wilkes-Barre,
Pennsylvania. 2/

Philadelphia

Nicholson Voting Trust Agreement, Forest
City, Pennsylvania — for approval to
acquire 53 percent of the voting shares of
The First National Bank of Nicholson,
Nicholson, Pennsylvania. 2/

New York

Penn Laurel Financial Corp, Curwensville,
Pennsylvania — for approval to acquire 100
percent of the voting shares of Curwensville
State Bank, Curwensville, Pennsylvania. 2/

Richmond

The Northern Virginia Banking Corporation,
Sterling, Virginia — for approval to
acquire 100 percent of the voting shares of
The National Bank of Northern Virginia,
Sterling, Virginia, a proposed new bank. 2/

2/

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




H.2, 1986, No. 29

-12-

APPLICATIONS RECEIVED - Continued

Atlanta

TB&C Bancshares, Inc., Columbus, Georgia
for approval to acquire 25 percent of the
voting shares of CB&T Bancshares, Inc.,
Columbus, Georgia, and indirectly acquire
Security B&TC, Albany, Georgia; Sumter, B&TC,
Americus, Georgia; Cohutta BKG. Co.,
Chatsworth, Georgia; Columbus Bank Co.;
Columbus, Georgia; Bank of Hazlehurst,
Hazelhurst, Georgia; Commercial B&TC Tro,
La Grange Georgia; Moultrie NB, Moultrie,
Georgia; Bank of Coweta, Newnan, Georgia;
West Georgia Bank, Tallapoosa, Georgia,
Citizens B&TC of West Georgia; Carrollton,
Georgia; Commercial Bank, Thomasville,
Georgia; First ST B&TC Valdo, Valdosta,
Georgia. 2/

St. Louis

Citizens Bancshares of Beebe, Inc., Beebe,
Arkansas — for approval to acquire at least
80 percent of the voting shares of Citizens
Bank, Beebe, Arkansas. 2/

St. Louis

Whittington Bancorp, Inc., Whittington,
Illinois — for approval to acquire at least
80 percent of the voting shares of State Bank
of Whittington, Whittington, Illinois. 2/

Kansas City

Lawson Financial Corporation, Kansas City,
Missouri — for approval to acquire at least
97 percent of the voting shares of Lawson
Bank, Lawson, Missouri. 2/

Dallas

East Texas National, Inc., Palestine, Texas
— for approval to acquire 100 percent of the
voting shares of East Texas Bancorporation,
Inc, Palestine, Texas and indirectly acquire
The East Texas National Bank of Palestine,
Palestine, Texas. 2/

Dallas

Northwest Crossing Bancshares, Inc., Houston,
Texas — for approval to acquire 100 percent
of the voting shares of Northwest Crossing
National Bank, Houston, Texas. 2/

San Francisco

Oregon Pacific Financial, Inc., Portland,
Oregon — ■ for approval to acquire 51.49
percent of the voting shares of Santiam
Valley Bank, Aumsville, Oregon. 2/

2/




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

H.2, 1986, No. 29

-13-

APPLICATIONS RECEIVED - Continued

To Expand a Bank Holding Company Pursuant
to Section 3(a)(3) of the Bank Holding
Company Act of 1956
Received
New York

Barclays PLC and Barclays Bank PLC, both of
London, England, Barclays, USA Inc.,
Wilmington, Delaware, Barclays U.S. Holdings
Inc., New York, New York and
BarclaysAmericanCorporation, Charlotte,
North Carolina — for approval to acquire 100
percent of the voting shares of Barclays Bank
of North Carolina.

New York

Community Banks, Inc., Millersburg,
Pennsylvania — for approval to acquire 100
percent of the voting shares of Peoples Safe
Deposit Bank, St. Clair, St. Clair,
Pennsylvania. 2/

Philadelphia

Keystone Financial, Inc., State College,
Pennsylvania — for approval to acquire 100
percent of the voting shares of Pennsylvania
National Financial Corp., Harrisburg,
Pennsylvania and indirectly acquire
Pennsylvania National Bank and Trust Company,
Pottsville, Pennsylvania, and Hamburg Savings
and Trust Company, Hamburg, Pennsylvania. 2/

Philadelphia

Meridian Bancorp, Inc., Reading, Pennsylvania
— for approval to acquire 100 percent of the
voting shares of The First National Bank of
Pike County, Milford, Pennsylvania. 2/

Cleveland

Trustcorp, Inc., Toledo, Ohio — for approval
to acquire 100 percent of the voting shares
of First Bancshares of Huntington, Inc.,
Huntington, Indiana and indirectly acquire
The First National Bank in Huntington,
Huntington, Indiana. 2/

Atlanta

First Florida Banks, Inc., and 7L
Corporation, both of Tampa, Florida — for
approval to acquire 100 percent of the voting
shares of First Florida Bank of Pasco County,
N.A., Bayonet Point, Florida, a proposed new
bank. 2/

Dallas

Howland Bancshares, Inc., San Antonio, Texas
— for approval to acquire 44.23 percent of
the voting shares of The Bank of Corpus
Christi, Corpus Christi, Texas. 2/

2/

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




H.2, 1986, No. 29

.1 4 .

APPLICATIONS RECEIVED - Continued
San Francisco

First Interstate Corporation, Los Angeles,
California — for approval to acquire 100
percent of the voting shares of First
Interstate Bank of Oklahoma City, N.A.,
Oklahoma City, Oklahoma, a proposed new bank.
2/
* * * * *

To Expand a Bank Holding Company Pursuant to
Section 3(a)(5) of the Bank Holding Company
Company Act of 1956
Received
Cleveland

Miami Citizens Bancorp, Piqua, Ohio — for
approval to merge with Comp One Corporation,
Piqua, Ohio and indirectly acquire Heritage
National Bank and Trust Company, Piqua, Ohio.
2/
* * * * *

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

Kansallis-Osake-Pankki, Helsinki, Finland —
to engage de novo (making, acquiring and/or
servicing loans for itself or for others of
the type made by a sales finance company; a
commercial finance company; and a factor;
engaging in full payout personal property
leasing through its subsidiary, Kansallis
Finance Ltd.,
(7/18/86)

New York

Midland Bank PLC, London, England — to
engage de novo (engaging in the activities of
a trust company of a fudiciary, agency, or
custodial nature) through Crocker Trust
Company, San Francisco, California.
(7/14/86)

2/

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




H.2, 1986, No. 29

-15-

APPLICATIONS RECEIVED - Continued
New York

Midlantic Corporation, Edison, New Jersey —
to (1) engage through Midlantic Banks, Inc.,
Edison, New Jersey in making and servicing
loans; (2) acquire indirectly Midlantic
Holdings, Inc., Edison, New Jersey and its
subsidiary, Midlantic National bank and Trust
Co./Florida and thereby engage in trust
company functions; (3) acquire indirectly
Midlantic Home Mortgage Corporation,
Melville, New York and its subsidiary,
Midlantic Commercial Leasing Corp., New York,
New York and thereby engage in making and
servicing loans and leasing personal or real
property; (4) acquire indirectly Midlantic
Commercial Co., Inc., New York, New York and
thereby engage in making and servicing loans;
(5) acquire indirectly Middle States Leasing
Corp., Inc., Edison, New Jersey and thereby
engage in leasing personal or real property;
(6) acquire indirectly Greater Jersey
Mortgage Co., Edison, New Jersey and thereby
engage in making and servicing loans; (7)
acquire indirectly Midlantic Brokerage
Services, Inc., Edison, New Jersey and
thereby engage in securities brokerage; and
(8) acquire indirectly Lenders Life Insurance
Company,
Phoenix, Arizona and thereby engage in
underwriting credit life, accident and health
insurance.

Richmond

Bank of Virginia Company, Richmond, Virginia
— to engage de novo (providing management
consulting services to depository
institutions) through its subsidiary,
Corporate Finance Advisors, Inc., Richmond,
Virginia. The activities would be conducted
nationwide.
(7/15/86)

Richmond

First Union Corporation, Charlotte, North
Carolina — to engage de novo (making,
acquiring and/or servicing loans for itself
or for others of the type made by a mortgage
company; a consumer finance company; and a
sales finance company; engaging in full




H.2, 1986, No. 29

16-

APPLICATIONS RECEIVED - Continued

payout personal property leasing;
underwriting credit life and disability
insurance on consumer loans) through the
acquisition of Capitol Finance Group, Inc.,
Charlotte, North Carolina. The activities
would be conducted nationwide.
(7/15/86)
Atlanta

TB&C Bancshares, Inc., Columbus, Georgia
— to engage indirectly in the non-banking
activities presently engaged in by Calumet
Discount Brokerage Services, Inc., Calumet
Financial Associates, Inc., CB&T Homeowners,
Inc., The Georgia Company of American, all of
Columbus, Georgia.

Chicago

First Chicago Corporation, Chicago, Illinois
— for approval to acquire 1.01 percent
(direct or indirect ownership) of Liberty
Brokerage, Inc., New York, New York.