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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1988, No. 31
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the week Ending July 30, 1988,
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BANK HOLDING COMPANIES
First Chicago Corporation, Chicago, Illinois — to
engage in underwriting and dealing in
mortgage-related securities, municipal revenue
bonds, commercial paper and consumer receivable
securities through First Chicago Capital Markets,
Inc.
Approved, July 25, 1988.
Somerset Bankshares, Inc., Somerville, Massachusetts
— to acquire Somerset Savings Bank.
Approved, July 25, 1988.
FORMS
Report of Transactions Accounts, Other Deposits and
Vault Cash (FR 2900); Report of Certain
Eurocurrency Transactions (FR 2950 / 2951);
Quarterly Report of Selected Deposits, Vault Cash
and Reservable Liabilities (FR 291Oq); Annual
Report of Total Deposits and Reservable Liabilities
(FR 2910a); and Advance Report of Deposits from
Small Banks (FR 2001) — extension with revisions.
Approved, July 28, 1988.
REGULATIONS AND POLICIES
Regulation AA — exemption application by the State
of California from the credit practices rule
(Docket R-0606).
Approved, July 25, 1988.
H.2
JULY 25, 1988
PAGE 2
TO
JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC
Richmond
Bank of Gassaway, Gassaway, West Virginia — to
establish an electronic funds transfer facility in
the Go-Mart Truck Stop, Route 19, Flatwoods, West
Virginia.
Approved, July 27, 1988.
Richmond
Central Fidelity Bank, Richmond, Virginia — to
establish a branch at 1020 Norwood Street, Radford,
Virginia.
Approved, July 27, 1988.
New York
Chemical Bank, New York, New York — to establish a
branch at Bower & Gardner, 110 East 59th Street.
Approved, July 28, 1988.
New York
European American Bank, Long Island, New York —
establish a branch at 530 Central Avenue,
Cedarhurst, New York.
Approved, July 29, 1988.
Atlanta
Family Bank of Hallandale, Hallandale, Florida —
establish a branch at 1220 South State Road 7,
Hollywood, Florida.
Approved, July 27, 1988.
San Francisco
Guardian State Bank, Salt Lake City, Utah —
application to establish a branch at 140 West 9000
South, Sandy, Utah.
Withdrawn, July 29, 1988.
Philadelphia
Meridian Bank, Reading, Pennsylvania — to establish
an offsite electronic banking facility at the Super
Fresh Food Market, Route 611 and London Road,
Abington, Pennsylvania.
Approved, July 25, 1988.
Richmond
Signet Bank / Maryland, Baltimore, Maryland — to
establish a branch at 8610 Baltimore Washington
Boulevard, Jessup, Maryland.
Approved, July 28, 1988.
to
to
H.2
JULY 25, 1988
PAGE 3
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JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES, DOMESTIC
Richmond
United Bank and Trust Company of Maryland, Upper
Marlboro, Maryland — to establish a branch at
10450 Lottsford Road, Mitcheville, Maryland.
Approved, July 28, 1988.
BANK HOLDING COMPANIES
Kansas City
Capital Bancshares, Inc., Brookfield, Missouri — to
acquire Caldwell County Bank, Hamilton, Missouri.
Approved, July 29, 1988.
Richmond
Citizens Bancorp, Riverdale, Maryland — to acquire
McLachlen Bancshares Corporation, Washington, D.C.
Approved, July 26, 1988.
Cleveland
Fifth Third Bancorp, Cincinnati, Ohio — to acquire
Decatur Bancshares, Inc., Greensburg, Indiana.
Approved, July 27, 1988.
Richmond
First Virginia Banks, Inc., Falls Church, Virginia —
to merge with Monroe Bancshares, Inc.,
Madisonville, Tennessee, and acquire Bank of
Madisonville.
Approved, July 29, 1988.
Kansas City
Fourth Financial Corporation, Wichita, Kansas, and IV
Corporate Woods Acquisition, Inc. — to acquire
Corporate Woods State Bank, Overland Park, Kansas.
Approved, July 29, 1988.
St. Louis
McDonald Bancorp, Inc., Quincy, Illinois — to
acquire Security State Bank of Hamilton, Hamilton,
Illinois.
Approved, July 25, 1988.
Philadelphia
National Penn Bancshares, Inc., Boyertown,
Pennsylvania — to acquire First Capital Bank,
York, Pennsylvania.
Approved, July 29, 1988.
H.2
JULY 25, 1988
PAGE 4
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JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Chicago
Salin Bancshares of North Central Indiana, Inc.,
Indianapolis, Indiana — to acquire Carroll
Financial Corporation, Burlington, Indiana, and
First Bank of Carroll County.
Approved, July 29, 1988.
Chicago
Shelby County Bancorp, Inc., Shelbyville, Illinois —
to acquire Strasburg State Bank, Strasburg,
Illinois.
Approved, July 27, 1988.
New York
Texas Commerce Bancshares, Inc., Houston, Texas — to
engage in data processing through Texas Commerce
Information Systems, Inc., Houston, Texas.
Permitted, July 29, 1988.
Kansas City
United Community Corporation, Oklahoma City, Oklahoma
— to engage de novo in tax planning and
preparation activities.
Permitted, July 29, 1988.
New York
WestPac Banking Corporation, Sydney, Australia — to
engage de novo in commercial finance through Mase
WestPac Inc., New York, New York.
Permitted, July 28, 1988.
BANK MERGERS
Atlanta
New Bank, Madisonville, Tennessee —
Bank of Madisonville.
Approved, July 29, 1988.
to merge with
BANK PREMISES
Chicago
Chesterton State Bank, Chesterton, Indiana —
investment in bank premises.
Approved, July 28, 1988.
Chicago
The Rock Island Bank, Rock Island, Illinois —
investment in bank premises.
Approved, July 26, 1988.
H.2
JULY 25, 1988
PAGE 5
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JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
CHANGE IN BANK CONTROL
Kansas City
Boynton Holding Company, Inc., Boynton, Oklahoma —
change in bank control.
Permitted, July 26, 1988.
Atlanta
County Financial Corporation, North Miami Beach,
Florida — change in bank control.
Permitted, July 27, 1988.
Kansas City
Windsor Bancorporation, Inc., Windsor, Colorado —
change in bank control.
Permitted, July 29, 1988.
COMPETITIVE FACTORS REPORTS
Kansas City
Alliance Bank, N.A., Oklahoma City, Oklahoma,
proposed merger with New Alliance Bank, N.A.,
report to the Comptroller of the Currency on
competitive factors.
Submitted, July 29, 1988.
Chicago
Amalgamated Trust and Savings Bank, Chicago,
Illinois, proposed merger with Amalgamated Interim
Bank — report to the Federal Deposit Insurance
Corporation on competitive factors.
Submitted, July 25, 1988.
Kansas City
American National Bank of St. Joseph, St. Joseph,
Missouri, proposed merger with Belt American Bank
of St. Joseph, St. Joseph, Missouri — report to
the Federal Deposit Insurance Corporation on
competitive factors.
Submitted, July 25, 1988.
Chicago
Bank of Bourbonnais, Bourbonnais, Illinois, proposed
merger with Presidential State Bank — report to
the Federal Deposit Insurance Corporation on
competitive factors.
Submitted, July 25, 1988.
Chicago
The Commercial and Savings Bank
St. Clair, Michigan, proposed
Commercial New Bank — report
Deposit Insurance Corporation
factors.
Submitted, July 25, 1988.
of St. Clair County.
merger with
to the Federal
on competitive
H.2
JULY 25, 1988
PAGE 6
TO
JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Atlanta
Dominion Bank of Middle Tennessee, Nashville,
Tennessee, proposed merger with First National Bank
of Franklin County at Decherd, Decherd, Tennessee
— report to the Federal Deposit Insurance
Corporation on competitive factors.
Submitted, July 27, 1988.
Dallas
First City Bank - Central Park, San Antonio, Texas,
proposed merger with First City Bank - Windsor
Park, and First City Bank - Forum, N.A. — report
to the Comptroller of the Currency on competitive
factors.
Submitted, July 29, 1988.
Dallas
First City Bank - Forest Hill, Forest Hill, Texas,
proposed merger with First City National Bank of
Fort Worth, Fort Worth, Texas — report to the
Comptroller of the Currency on competitive factors.
Submitted, July 29, 1988.
Dallas
First City Bank - Northwest Hills, N.A., Austin,
Texas, proposed merger with First City National
Bank of Austin, Austin, Texas — report to the
Comptroller of the Currency on competitive factors.
Submitted, July 29, 1988.
Kansas City
First Interstate Bank of Sheridan, Sheridan, Wyoming,
proposed merger with First Interstate Bank of
Greybull, N.A., Greybull; First Interstate Bank of
Gillette, Gillette,; First Interstate Bank of
Buffalo, Buffalo; and First Interstate Bank of
Sugarland, Sheridan, Wyoming— report to the
Federal Deposit Insurance Corporation on
competitive factors.
Submitted, July 25, 1988.
Chicago
First National Bank, Chicago Heights, Illinois,
proposed purchase of the assets and assumption of
the liabilities of Continental Illinois Bank-South
Suburban, Olympia Fields, Illinois — report to the
Comptroller of the Currency on competitive factors.
Submitted, July 25, 1988.
H.2
JULY 25, 1988
PAGE 7
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JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Philadelphia
Fulton Bank* Lancaster* Pennsylvania* proposed
purchase of assets and assumption of liabilities of
the Oxford Branch of Fidelity Bank* N.A.*
Philadelphia* Pennsylvania — report to the Federal
Deposit Insurance Corporation on competitive
factors.
Submitted* July 27* 1988.
Boston
Key Bank of Central Maine* Augusta* Maine* proposed
merger with the Key Bank of South Maine* Portland;
Key Bank of Northern Maine* Fort Fairfield; and Key
Bank of Eastern Maine* Bangor* Maine — report to
the Federal Deposit Insurance Corporation on
competitive factors.
Submitted* July 27* 1988.
Cleveland
Marine Bank* Erie* Pennsylvania* proposed acquisition
of certain assets and assumption of liabilities of
three branch offices of First Seneca Bank* Oil
City* Pennsylvania* and three branch offices of
McDowell National Bank* Sharon* Pennsylvania —
report to the Federal Deposit Insurance Corporation
on competitive factors.
Submitted* July 29* 1988.
St. Louis
McDonald County Mercantile Bank* Pineville* Missouri*
proposed merger into First First National
Mercantile Bank of Monett* Monett* Missouri —
report to the Comptroller of the Currency on
competitive factors.
Submitted* July 25* 1988.
Chicago
National Bank of Commerce* Berkeley* Illinois*
proposed merger with NBC National Bank — report to
the Comptroller of the Currency on competitive
factors.
Submitted* July 25* 1988.
Atlanta
SouthTrust Bank of Marshall County* N.A.* Boaz*
Alabama* proposed merger with SouthTrust Bank of
Arab* Arab* Alabama — report to the Comptroller of
the Currency on competitive factors.
Submitted* July 27* 1988.
H.2
JULY 25, 1988
PAGE 8
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JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Boston
Tolland Bank, Tolland, Connecticut, proposed
acquisition of certain assets and assumption of
liability to pay deposits of the 8 Church Street,
Ellington, Connecticut Branch of Society for
Savings, Hartford, Connecticut — report to the
Federal Deposit Insurance Corporation on
competitive factors.
Submitted, July 27, 1988.
Philadelphia
The Trust Company of Princeton, Princeton, New
Jersey, proposed purchase of assets and assumption
of liabilities of an office located at 11 State
Road, of The Howard Savings Bank, Newark, New
Jersey — report to Federal Deposit Insurance
Corporation on competitive factors.
Submitted, July 29, 1988.
Cleveland
Union Bank of Tyler County, Middlebourne, West
Virginia, proposed merger with UBT Bank, Inc. —
report to the Federal Deposit Insurance Corporation
on competitive factors.
Submitted, July 29, 1988.
Boston
The Union Savings Bank of Danbury, Danbury,
Connecticut, proposed purchase of certain assets
and assumption of liability to pay deposits in the
branches of Bank of Boston Connecticut, located on
Route 41, Sharon; and in Kent Shopping Center,
Route 7, Kent, Connecticut — report to the Federal
Deposit Insurance Corporation on competitive
factors.
Submitted, July 27, 1988.
Boston
USTrust / Middlesex, Cambridge, Massachusetts,
proposed merger with USTrust / Essex, Gloucester,
Massachusetts — report to the Federal Deposit
Insurance Corporation on competitive factors.
Submitted, July 28, 1988.
H.2
JULY 25, 1988
PAGE 9
TO
JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
EXTENSIONS OF TIME
St. Louis
DSB Bancshares, Inc., Dermott, Arkansas — extension
to September 2, 1988, to acquire Dermott State
Bank.
Granted, July 25, 1988.
San Francisco
First Interstate Bancorp, Los Angeles, California —
extension to divest certain property.
Granted, July 28, 1988.
Richmond
Highlands Bankshares, Inc., Petersburg, West Virginia
— extension to October 27, 1987, to engage de novo
in credit related insurance through HBI Life
Insurance Company, Phoenix, Arizona.
Granted, July 27, 1988.
Minneapolis
Norwest Corporation, Minneapolis, Minnesota, and
Norwest Financial Services, Inc., Des Moines, Iowa
— extension to November 8, 1988, to acquire Dial
National Bank.
Granted, July 29, 1988.
San Francisco
Wells Fargo & Company, San Francisco, California —
extension to divest certain property.
Granted, July 25, 1988.
Atlanta
New Bank, Madisonville, Tennessee — to become a
member of the Federal Reserve System.
Approved, July 29, 1988.
MEMBERSHIP
H.2
ADDITIONS AND CORRECTIONS
JULY 25, 1988
PAGE 10
TO
JULY 29, 1988
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
San Francisco
Home Federal Savings and Loan Association, San Diego,
California, proposed purchase of assets and
assumption of liabilities to pay deposits in the
San Ysidro Branch of Bank of Coronado, San Diego,
California — report to the Federal Deposit
Insurance Corporation on competitive factors.
Submitted, July 21, 1988.
San Francisco
Western Industrial Bank, South El Monte, California,
proposed purchase of the assets and assumption of
the liabilities to pay deposits of the South El
Monte Branch of City National Bank, Beverly Hills,
California — report to the Comptroller of the
Currency on competitive factors.
Submitted, July 21, 1988.
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Application
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
Dime Financial Corporation,
Wallingford, Connecticut 3(a)(1) application to
become a bank holding company
through the acquisition of
The Dime Savings Bank of
Comment Period Ending Date
Newspaper
Federal Register
08-22-88
Not Yet Established
Wallingford, Wallingford,
Connecticut, City Savings
Bank of Meriden, Meriden,
Connecticut (City), and
through City 7.25% of Meriden
Trust and Safe Deposit Company,
Meriden, Connecticut*
Bank of Ireland, Dublin, Ireland
- 3(a)(l)/4(c)(8) application to
acquire First NH Banks, Inc.,
Manchester, New Hampshire
**Subject to CRA
Newspaper
Federal Register
--Not Yet Established
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS (Cont'd)
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application
Content Period Ending Date
Fleet/NGrstar Financial Group,
Inc., Providence, Rhode Island 4 (c)(8) application to engage
in underwriting and dealing in
certain securities through
Adams, McEntee & Co., Inc.
Federal Register
Not Yet Established
First NH Banks, Inc., Manchester,
Federal Register
New Haxtpshire - 4(c) (8) application
to acquire EG&G Financial Services,
Inc., Wellesley, Massachusetts, a
leasing company
08-09-88
***First N H Banks, Inc.,
Manchester, New Hamphire
- 4(c)(8) application to
acquire the trade name of
the Insurance Premium
Finance Corporation, Derry,
New Hampshire, through its
subsidiary New England
Acceptance Corporation
Federal Register
Not Yet Established
♦♦General Educational Fund,
Inc., Burlington, Vermont
and Merchants Bancshares,
Inc., Burlington, Vermont
- 4(c)(8) de novo notifications
to engage In the making of
equity and debt investments
pursuant to section 225.25(b)(a)
of Regulation Y through Merchants
Properties, Inc., Burlington,
Vermont
Federal Register
Not Yet Established
SECTION IV ~ APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
____________ Notice Only__________
United Jersey Bank, Hackensack, New Jersey to merge
with United Jersey Bank/Wood Ridge National, Wood-Ridge,
New Jersey.1/
8/24/88
Chemical Bank, New York, New York to establish branches
at 100 Seventh Avenue, Brooklyn, New York, Thompson
Industries, Inc., 167 Shore Road, Port Washington,
New York and American Express Tcwer, World Financial
Center, 200 Vesey Street, and Hospital for Joint Diseases,
Orthopaedic Institute, 301 East 17th Street, both in
New York, New York.l/
8/22/88
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
First National Bancorp, Inc., Norfolk, New York to acquire
15.5% of the shares of The First National Bank of Lisbon,
Lisbon, New York.l/
8/18/88 3/
ENB Holding Ccmpany, Inc., New York, New York to become
a bank holding company with respect to Broadway National
Bank, New York, New York.l/
8/19/88 2/
Fairfield County Bancorp, Inc. , Stamford, Connecticut
to become a bank holding company with respect to Bank
of Stamford, Stamford, Connecticut.!/
8/20/88 3/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Barclays PLC and Barclays Bank EDO, both of London, England
to engage through their subsidiary, Barclays de Zoete Wedd,
Inc., in futures commission merchant activities.
N/A
SECTION IV
Applications Not Involving
________ Public Comment________
None.
1/
2/
3/
Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date nay be specified in
the Federal Register notice.
N/A - Not Available
FEDERAL
RESERVE BANKOF
PHILADELPHIA
SECTION I - APPUCATIOWS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
First Canitol Bank. York, PA for membership
in the Federal Reserve System pursuant to
Section 9 of the Federal Reserve Act and
Section 208.4 of Regulation H.
8/27/88
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
Commerce Bancorp. Inc.. Cherry Hill, NJ
to acquire 100% of the voting shares of
Citizens State Bank of New Jersey, Forked
River (Lacey Township), NJ ("Bank") pursuant
to Section 3(a)(3) of the Bank Holding Company
Act.
Newspaper Notice:
Federal Register Notice:
8/9/88
8/17/88
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
Atlantic Bancornoration. Voorhees, New Jersey,
to engage through its new subsidiary, Glendale
Mortgage Leasing Corp., Voorhees, New Jersey,
in business of procuring and servicing
residential mortgages in amounts between $30)1
and $600)1 pursuant to Section 4(c)(8) of the
BHC Act.
8/24/88
CoreStates Financial Corn.. Philadelphia, PA
to engage in commercial paper placement
underwriting and dealing in commercial paper
and other securities through its wholly-owned
subsidiary, CoreStates Securities Corp.,
Philadelphia, PA pursuant to Section 4(c)(8)
of the ank Holding Company Act.
N/A*
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None
*
Not yet available.
Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000
Cleveland Reserve Bank Applications
F o r W e e k E n d i n g J u l y 30, 1988
SECTION I - APPLICATIONS
SUBJECT TO N E W SPAPER
NOTICE ONLY
APPLICATION
COMMENT PERIOD ENDING
R e c e i v e d a p p l i c a t i o n o n 7/ 5/88 from B e a v e r Trust
C o m p a n y , B e a v e r , P e n n s y l v a n i a , to a c q u i r e th e a s s e t s
a n d a s s u m e t h e l i a b i l i t i e s o f t he B u t l e r ,
P e n n s y l v a n i a , b r a n c h o f F i r s t S e n e c a Bank, O i l City,
P e n n s y l v a n i a , l o c a t e d at 127 S o u t h M a i n S t r e e t , Butler,
P e n n s y l v a n i a , p u r s u a n t to S e c t i o n 18(c) o f the
F e d e r a l D e p o s i t I n s u r a n c e A c t an d S e c t i o n 9 of the
F e d e r a l R e s e r v e Act.
♦A ug us t 6, 1988
R e c e i v e d a p p l i c a t i o n o n 7 / 5 / 8 8 from Be av er Trust
C o m p a n y , B e a ver, P e n n s y l v a n i a , to a c q u i r e the
a s s e t s a n d a s s u m e th e l i a b i l i t i e s of t h e But l e r ,
P e n n s y l v a n i a , b r a n c h o f U n i o n N a t i o n a l Bank,
Mt. L e b a n o n , P e n n s y l v a n i a , l o c a t e d at P o i n t P l a z a
S h o p p i n g C e n t e r , R o u t e s 422 a n d 68, Butler,
P e n n s y l v a n i a , p u r s u a n t to S e c t i o n 18(c) o f t h e
F e d e r a l D e p o s i t I n s u r a n c e A c t a n d S e c t i o n 9 of
t h e F e d e r a l R e s e r v e Act.
♦A ug us t 6, 1988
R e c e i v e d a p p l i c a t i o n o n 7 / 2 5 / 8 8 from The Fifth
T h i r d Bank, C i n c i n n a t i , O h i o , for p e r m i s s i o n
t o e s t a b l i s h a b r a n c h a t 2100 W h i p p Road,
K e t t e r i n g , Ohio.
♦A u g u s t 25,
1988
R e c e i v e d a p p l i c a t i o n o n 7/25 /8 8 from The Fifth
T h i r d B a n k o f C o l u m b u s , C o l u m b u s , Ohio, for
p e r m i s s i o n to e s t a b l i s h a b r a n c h at 6151 G l i c k
Road, S h a w n e e H ills, Ohio.
♦A ug us t
1988
R e c e i v e d a p p l i c a t i o n on 7/ 26 /8 8 from Ch ase Bank
of O h i o , C o l u m b u s , Oh i o , for p e r m i s s i o n to
e s t a b l i s h a b r a n c h at 1300 E a s t N i n t h Str e e t ,
C l e v e l a n d , Ohio.
♦Not yet known
23,
S E C T I O N II - A P P L I C A T I O N S
SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
R e c e i v e d N o t i c e o f C h a n g e in B a n k C o n t r o l o n
7 / 2 5 / 8 8 f r o m W a r b u r g , P i n c u s C a p i t a l C o m p a n y , L.P.;
W a r b u r g , P i n c u s C a p i t a l P a r t n e r s , L. P . ; W a r b u r g ,
P i n c u s & Co.; E.M. W a r b u r g , P i n c u s & Co., Inc.;
W a r b u r g , P i n c u s V e n t u r e s , Inc.; o f t h e i r i n t e n t
t o a c q u i r e u p to 22.2 p e r c e n t o f th e t o t a l s h a r e s
outsta n d i n g of M e l l o n Bank Corporation, P ittsburgh
Pennsylvania.
S E C T I O N III - A P P L I C A T I O N S
Not Yet Known
SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
R e c e i v e d S e c t i o n 4(c)(8) N o t i c e o n 7 / 1 8 / 8 8
from Pennbancorp, Titusville, Pennsylvania,
of its i n t e n t i o n to e n g a g e d e n o v o t h r o u g h
U n i t e d D a t a S e r v i c e s , Inc., F r a n k l i n ,
Pennsylvania, a wholly-owned subsidiary,
in p r o v i d i n g d a t a p r o c e s s i n g s e r v i c e s to a n
u n a ffiliated third party pursuant to Section
2 2 5 . 2 5 ( b ) (7) o f R e g u l a t i o n Y.
August
5,
1988
R e c e i v e d S e c t i o n 4(c)(8) N o t i f i c a t i o n o n 7 / 2 5 / 8 8
f r o m U n i t e d B a n c o r p o f K e n t u c k y , Inc., L e x i n g t o n ,
K e n t u c k y , to l i c e n s e c e r t a i n i n t e r n a l l y d e v e l o p e d
c o m p u t e r s o f t w a r e p r o g r a m s to a f f i l i a t e d a n d
unaffiliated financial institutions pursuant
to S e c t i o n 2 2 5 . 2 5 ( b ) ( 7 ) of R e g u l a t i o n Y t h r o u g h
U B K D a t a S y s t e m , Inc., a w h o l l y - o w n e d s u b s i d i a r y .
Not Yet Known
R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n o n 7 / 2 7 / 8 8
from Mellon Bank Corporation, Pittsburgh,
Pennsylvania, to acquire G r a n t Street National
Bank, Pittsburgh, Pennsy l v a n i a , a l i m i t e d p u r p o s e
d e n o v o n a t i o n a l b a n k in l i q u i d a t i o n u n d e r
S e c t i o n 181 o f t h e N a t i o n a l B a n k Act.
Not Yet Known
R e c e i v e d S e c t i o n 4(c)(8) n o t i f i N
co
at iY
oe
nt oK
n n o7w/n
27/88
from Mellon Bank Corporation, Pittsburgh,
P e n n s y l v a n i a , to e n g a g e d e n o v o in l o a n r e c o v e r y
a n d c o l l e c t i o n a c t i v i t i e s f or l o a n s p r e v i o u s l y
held by A p plicant's subsidiaries and sold to a
l i q u i d a t i n g b a n k p u r s u a n t t o S e c t i o n s 225. 2 5 ( b ) (1)
a n d (23) of R e g u l a t i o n Y t h r o u g h C o l l e c t i o n S e r v i c e s
Corporation, Pittsburgh, Pennsylvania, a wholly-owned
de n o v o subsidiary.
SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received request on 7/26/88 from Chase Bank of
O h i o , C o l u m b u s , Ohio, fo r p e r m i s s i o n t o e x c e e d
i t s l i m i t of i n v e s t m e n t in b a n k p r e m i s e s p e r m i t t e d
u n d e r S e c t i o n 24 A o f t h e F e d e r a l R e s e r v e Act.
R e c e i v e d r e q u e s t o n 7 / 2 8 / 8 8 f r o m T r u s t c o r p Bank,
O h i o , T o l e d o , O h i o , fo r p e r m i s s i o n to e x c e e d its
l i m i t o f i n v e s t m e n t in B a n k p r e m i s e s p e r m i t t e d
u n d e r S e c t i o n 2 4 A o f t h e F e d e r a l R e s e r v e A ct.
Received request on 7/29/88 from Ohio Citizens
B a n k , T o l e d o , O h i o , for p e r m i s s i o n t o e x c e e d
i t s l i m i t o f i n v e s t m e n t in b a n k p r e m i s e s
p e r m i t t e d und e r Section 24A of the Federal
R e s e r v e Act.
Recei v e d request on 7/29/88 from M i nster State
B a n k , M i n s t e r , O h i o , fo r a n e x t e n s i o n o f t i m e in
w h i c h to e s t a b l i s h a b r a n c h facility at the
sout h w e s t corner of M a i n Street and High Street
(Lots 31 a n d 32), St. M a r y s , Ohio. *
* - S u b j e c t to C R A
N - Newspaper Comment Period
F - Federal Register Comment Period
6/10-13
Federal Reserve Bank o£ Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Date
The Annapolis Banking and Trust
Company, Annapolis, Maryland, request
for permission to establish a branch
at Ginger Cove, 4000 River Crescent
Drive, Annapolis, Maryland.
8-14-88
Bank of Ripley, Ripley, West Virginia,
for prior approval to merge with Ripley
Bank Merger Subsidiary, Inc., Ripley,
West Virginia.
8 20-88
Ripley Bank Merger Subsidiary, Inc.,
Ripley, West Virginia, for membership
in the Federal Reserve System.
8 20-88
Crestar Bank, Richmond, Virginia, request
for permission to establish a night
depository in the Shenandoah Village
Outlet Mall at 600 Shenandoah Village
Drive, Waynesboro, Virginia.
8-25-88
-
-
First Community Bank, Inc., Princeton,
West Virginia, for prior approval to
merge with The First National Bank of
Grafton, Grafton, West Virginia.
Not Available
The Washington Bank (of Maryland)*
Baltimore, Maryland, for membership in
the Federal Reserve System.
Not Available
The above applications are subject to the Community Reinvestment Act.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Washington Bancorporation, Washington,
D. C., for prior approval to acquire The
Washington Bank (of Maryland), Baltimore,
Maryland, a de novo bank.
8-18-88*
Bank Maryland Corp., Towson, Maryland, for
prior approval to acquire 80% of the voting
shares of Bay National Bank, Annapolis,
Maryland.
8-25-88
The above applications are subject to the Community Reinvestment Act.
Federal Reserve Bank of Richmond
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Citizens Bancshares Corporation, Olanta,
South Carolina, for prior approval to
become a bank holding company through the
acquisition of 100% of the voting shares of
The Citizens Bank, Olanta, South Carolina,
9-1-88
The above application is subject to the Community Reinvestment Act,
Section III - Applications Subject to Federal Register Notice
Application
Comment Period Ending Date
MNC Financial, Inc., Baltimore, Maryland,
for prior approval to acquire Landmark
Financial Services, Inc., Silver Spring,
Maryland.
8-17-88*
South Carolina National Corporation,
Columbia, South Carolina, to engage de
novo in reinsuring credit life and credit
accident and health insurance sold as
agent or broker by the operating
subsidiaries of Applicant, including its
subsidiary, South Carolina National Bank,
Columbia, South Carolina.
Not Available
Sovran Financial Corporation, Norfolk,
Virginia, to engage de novo in underwriting,
as reinsurer, credit life and disability
insurance written in connection with extensions
of credit in all states by affiliates of Sovran
Financial Corporation through its subsidiary,
Sovran Life Insurance Company, Phoenix, Arizona.
Not Available
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None
*Expiration of comment period specified in the Federal Register.
August 1, 1988
Federal Reserve Bank of Atlanta
Applications Bulletin
Section I - Applications Subject to Newspaper
Notice Only
Application
Conment Period Ending Date
Central Bank
06-29-88 (CRA)
Miami, Florida
To establish a branch at 16800 N. W. 67 Avenue, Hialeah, Florida, to be
known as the Palmetto-Lakes Office.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Content Period Ending Date
Barnett Banks, Inc.
Jacksonville, Florida
To acquire Bank of Madison County, Madison, Florida.
SouthTrust of South Carolina, Inc.
Latta, South Carolina
1-BHC formation, Latta Bank & Trust Company, Latta, South Carolina.
Applicant will be a wholly-owned subsidiary of SouthTrust Corporation,
Birmingham, Alabama.
CBS Bancshares, Inc.
Spencer, Tennessee
TO acquire an additional 44.46 percent of Citizens Bank, Gainesboro,
Tennessee.
SouthTrust of Tennessee, Inc.
Nashville, Tennessee
1-BHC formation by acquiring the charter of Meltons Bank, Gassaway,
Tennessee. Meltons Bank's charter will be relocated to Nashville,
Tennessee.
Federal Reserve Bank of Chicago
Section I - Applications Subject to newspaper
Notice Only
Type
Branch/24A
Comment Period
Ending Date
Application
Old Kent Bank - Southwest
Not available
Niles, Michigan
at this time
715 Ship Street, St. Joseph, Michigan & invest $78,000
for leasehold improvements
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date
Type
Application
Y-2
Illini Community Bancorp,
Springfield, Illinois
SBV Bancshares, Inc.
Virden, Illinois
State Bank of Virden
Virden, Illinois
Inc.
FR - 7-29-88
N - 8-1-88
Y-2
Mid-Citco Incorporated
Chicago, Illinois
Union Bank and Trust Company
Oklahoma City, Oklahoma
FR - 7-21-88
N - 8-19-88
CoC-HC*
Madison Financial Corporation
Chicago, Illinois
A. Andrew & Flora, Andrew A. & Pam Boemi,
Edwin C. & Marcia Buchanan
Madison Park and Trust Company
Chicago, Illinois
Madison National Bank of Niles
Des Plaines, Illinois
1st National Bank of Wheeling
Wheeling, Illinois
N - 8-17-88
FR - 8-5-88
Y-2
First Merchants Corporation
Muncie, Indiana
Pendleton Banking Company
Pendleton, Indiana
N - 7-15-88
FR - 7-28-88
Y-2
Iroquois Bancorp, Inc.
Gilman, Illinois
Terrapin Bancorp, Inc.
Elizabeth, Illinois
The Elizabeth State Bank
Elizabeth, Illinois
FR - 7-29-88
N - 8-1-88
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Continued
Comment Period
Ending Date
Type
Application
Y-2
Peotone Bancorp, Inc.
Peotone, Illinois
Terrapin Bancorp, Inc.
Elizabeth, Illinois
The Elizabeth State Bank
Elizabeth, Illinois
FR - 7-29-88
N - 8-1-88
Y-2
Terrapin Bancorp, Inc.
Gilman, Illinois
The Elizabeth State Bank
Elizabeth, Illinois
FR - 7-29-88
N - 8-1-88
Y-2
Athens Bancorp., Inc.
Athens, Wisconsin
Junction State Bank
Junction City, Wisconsin
N - 8-1-88
FR - 8-12-88
Y-l
Mechanicsville Trust & Savings Bank, Trustee
of The Mechanicsville Trust and Savings Bank
Employee Stock Ownership Plan & Trust
Mechanicsville, Iowa
Mechanicsville Bancshares, Inc.
Mechanicsville, Iowa
N
CoC-HC*
Morningside Development Company
FR - 7-29-88
Sioux City, Iowa
N - 8-10-88
J. Sid Dinsdale; Ray Dinsdale; Lyn Barclay & Thomas Goding
Morningside Bank and Trust
Sioux City, Iowa
Y-2
Exchange Bancorp, Inc. (Exchange International
Corporation)
Chicago, Illinois
Exchange Bank of Lake County (in organization)
Vernon Hills, Illinois
FR - 8-18-88
Y-l
Piper Bankshares, Inc.
Piper City, Illinois
State Bank of Piper City
Piper City, Illinois
N
- 8-15-88
Y-2
Republic Bancorp, Inc.
Ann Arbor, Michigan
Premier Bancorporation, Inc.
Jackson, Michigan
Premier Bank
Jackson, Michigan
N
- 8-17-88
-
8-6-88
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both
newspaper and Federal Register notice
Continued
Comment Period
EndinR Date
Type
Application
CoC*
Standard Bancshares, Inc.
Evergreen Park, Illinois
The Gallagher/Henry Trust
Not available
at this time
Y-l
Gore-Bronson Bancorp, Inc.
Northbrook, Illinois
The Palwaukee Bank
Prospect Heights, Illinois
Not available
at this time
Y-l
Pocahontas Bancorporation
Pocahontas, Iowa
The Pocahontas State Bank
Pocahontas, Iowa
Not available
at this time
Y-l
Beverly Acquisition, Inc.
Chicago, Illinois
First Wilmington Corp.
Wilmington, Illinois
The First National Bank of Wilmington
Wilmington, Illinois
Not available
at this time
Y-2
Beverly Bancorporation, Inc.
Chicago, Illinois
First Wilmington Corp.
Wilmington, Illinois
The First National Bank of Wilmington
Wilmington, Illinois
Not available
at this time
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Not subject to the Community Reinvestment Act)
Comment Period
Ending Date
Type
Application
4(c)(8)*
CNBC Bancorp, Inc.
FR - 8-18-88
Chicago, Illinois
CNBC Development Corporation
Chicago, Illinois — engage in lending activities by making
real estate development and rehabilitation loans
Y-4*
Findlay Bancshares, Inc.
Findlay, Illinois
Findlay Insurance Agency
Findlay, Illinois
Type
Section IV - Applications Not Subject to Federal Register Notice
Or Newspaper Notice
Comment Period
Ending Date
Application
None
N
FR
Not
*
Not available
at this time
- Newspaper
- Federal Register
available at this time
- Not subject to the Community Reinvestment Act
Federal Reserve Bank of St. Louis
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
*
*
Comment Period Ending Date
Section 3(a)(5) application by
State Bancorp, Inc., Washington,
Indiana, to acquire by merger
Spurgeon Financial Corporation,
Spurgeon, Indiana
(Not available)
Section 3(a)(5) application by
Boatmen's Bancshares, Inc.,
St. Louis, Missouri, to acquire
by merger Centerre Bancorporation,
St. Louis, Missouri
(Not available)
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Application
Comment Period Ending Date
Section 4(c)(8) notice by Meredosia
Bancorporation, Inc., Springfield,
Illinois, to directly engage de novo
in lending activities
(Not available)
Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri,
to acquire Centerre Trust Company of
St. Louis, St. Louis, Missouri, a state
chartered nondepository trust company
(Not available)
Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri,
to acquire Monetary Transfer System,
St. Louis, Missouri, a joint venture
engaged in data processing activities
(Not available)
*This application is subject to CRA.
Federal Reserve Bank of St. Louis
Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri,
to acquire Centerre Life Insurance
Company, St. Louis, Missouri, a company
engaged in underwriting credit life and
credit accident and health insurance
(Not available)
Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri,
to acquire Centerre Insurance Agency, Inc
St. Louis, Missouri, a company engaged in
the sale, as agent, of credit life and
credit accident and health insurance
(Not available)
Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri,
to acquire Centerre Bank of Delaware,
New Castle, Delaware, a state chartered
bank (while not a bank as defined by
the Competitive Equality Banking Act of
1987) engaged in holding and processing
credit card loans
(Not available)
Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri,
to acquire Benefit Plan Services, Inc.,
St. Louis, Missouri, a company engaged
in employee benefit consulting services
(Not available)
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
_______Newspaper Notice Only_______
Comment Period
Ending Date
Application
None.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date
Application
None.
Section III - Applications Subject
to Federal Register Notice Only
Application
Norwest Corporation
Minneapolis, MN
To engage in operating a general
insurance agency through the ac
quisition of Underwriting Specialists,
Norfolk, Nebraska.
Comment Period
Ending Date
8-9-88
Otto Bremer Foundation
St. Paul, MN, and
Bremer Financial Corporation
St. Paul, MN
To engage in operating a general
insurance agency through the ac
quisition of First American Agency,
Inc., of St. Cloud, St. Cloud, MN.
Not yet available
Norwest Corporation
Minneapolis, MN;
Norwest Financial Services, Inc.
Des Moines, IA; and
Norwest Financial, Inc.
Des Moines, IA
To engage in making, acquiring &
servicing loans of the type made by
a consumer finance company through
the acquisition of approximately
$3.2 million of consumer finance
receivables from the Chase Manhattan
Bank, N.A., New York, New York.
Not yet available
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
SECTION I ~ APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
C O M M E N T P E R I O D E N D I N G DATE
APPLICATION
None.
SECTION II - APPLICATIONS SOBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
C O M M E N T P E R I O D E N D I N G DATE
M i n e r s B a n c s h a r e s , Inc., Frontenac,
K a n s a s , for p r i o r a p p r o v a l to
b e c o m e a bank h o l d i n g c o m p a n y
t h r o u g h the a c q u i s i t i o n of 100
p e r c e n t of the v o t i n g s h a r e s of The
M i n e r s S t a t e B a n k of F r o n tenac,
Frontenac, Kansas.*
No t A v a i l a b l e
T h e B a n k of Ne w M e x i c o H o l d i n g
C o m p a n y , A l b u q u e r q u e , N e w Mexico,
f o r p r i o r a p p r o v a l to a c q u i r e 98
p e r c e n t of the v o t i n g s h a r e s of
W e s t e r n B a n k of Springer, Springer,
N ew Mexico.*
Not A v a i l a b l e
F i r s t of Fort Morgan, Inc., Fort
M o r g a n , C olorado, for prior
a p p r o v a l to a c q u i r e 47.1 p e r c e n t of
t h e v o t i n g s h a r e s of H e a r t l a n d
C o m m u n i t y B a n k s h a r e s , Inc., Fort
M o r g a n , C olorado, a n d for p r ior
a p p r o v a l to a c q u i r e 20 p e r c e n t of
t h e v o t i n g s h a r e s of F i r s t
C o m m u n i t y B a n k s h a r e s , Inc., Fort
Morgan, Colorado.*
N ot A v a i l a b l e
F i r s t C o m m u n i t y B a n k s h a r e s , Inc.,
F o r t Mor g an, Colo r a d o , for prior
a p p r o v a l to b e c o m e a ba n k h o l d i n g
c o m p a n y t h r o u g h the a c q u i s i t i o n of
1 0 0 p e r c e n t of the v o t i n g s h a r e s of
F i r s t N a t i o n a l B a n k of Holyoke,
Holyoke, Colorado.*
Not A v a i l a b l e
H e a r t l a n d C o m m u n i t y Bankshares,
Inc., P o r t M o r g a n , Colorado, for
prior a p p r o v a l to b e c o m e a bank
h o l d i n g c o m p a n y t h r o u g h the
a c q u i s i t i o n of 1 0 0 p e r c e n t of the
v o t i n g s h a r e s of C o l o r a d o N a tional
B a n k - S t e r l i n g , Sterling,
Colorado.*
Not Available
D i c k i n s o n F i n a n c i a l Corporation,
Inc., C h i l l i c o t h e , Missouri, for
p r i o r a p p r o v a l t o b e c o m e a bank
h o l d i n g c o m p a n y t h r o u g h the
a c q u i s i t i o n of 1 0 0 p e r c e n t of the
v o t i n g s h a r e s of C o m m u n i t y Bank,
C h i l l i c o t h e , M i s s o u r i ; 100 p e r c e n t
of the v o t i n g s h a r e s of Ci t i z e n s
S t a t e B a n k of M a r y v i l l e , Maryville,
M i s s o u r i ; 9 6 . 7 5 p e r c e n t of the
v o t i n g s h a r e s of C i t i z e n s Bank,
S h e l b y v i l l e , M i s s o u r i ; 1 00 p e r c e n t
of the v o t i n g s h a r e s of Fort Knox
N a t i o n a l Bank, F o r t Knox, Kentucky;
and 100 p e r c e n t of the v o t i n g
s h a r e s of F i r s t N a t i o n a l B a n k of
Kirksville, Kirksville, Missouri.*
Not Available
M i d w e s t B a n k s h a r e s , Inc., Colby,
Kansas, for p r i o r a p p r o v a l to
a c q u i r e 8 7 . 5 2 p e r c e n t of the v o t i n g
shar e s o f F i r s t B e l l e v i l l e
B a n c s h a r e s , Inc., Bellev i l l e ,
Kansas, p a r e n t of First Na t i o n a l
B a n k in B e l l e v i l l e , B elleville,
Kansas.*
A u g u s t 18,
SECTION III
1988
AgFUCMPIONS. SPgJBC f m ifSPlLm -Bg^STBR
NOTICE ONI*
COMMENT PERIOD ENDING DATE
None
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL. REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
L i n d s b o r g B a n c s h a r e s , Inc.,
L i n d s b o r g , Kansas, for prior
a p p r o v a l to r e d e e m 4,200 s hares of
its o w n v o t i n g c o m m o n stock.
♦ A p p l i c a t i o n is s u b j e c t to CRA.
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF 88/07/25
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
No t i c e o n l y
APPLICATION
NOTICE EXP
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
** NOTICE EXP
*Section 3(a)(1) application by
Weslaco Bancshares, Inc., Weslaco, Texas
to acquire City National Bank, Weslaco, Texas
88/08/25
*Section 3(a)(1) application by
Throckmorton Bancshares, Inc., Throckmorton, Texas
to acquire The First National Bank of Throckmorton, Texas
88/08/08
Change in Control notice by
Mr. Klaus Peter Ulrich, Kingwood, Texas only notificant
to acquire an interest in Sun Belt Bancshares, Inc.,
Austin, Texas
Federal Register
88/08/12
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
NOTICE EXP
Section 4(c)(8) application by
Guaranty Bancshares, Inc., Mt. Pleasant, Texas
to acquire Computer SIGNET, Mt. Pleasant, Texas
(to provide data processing and data transmission services
facilities, and data bases; or access to them)
88/08/19
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 7/29/88
Section I - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
1867 Western Financial Corporation,
Stockton, California, to acquire Bank
of Stockton, Stockton, California. *
Newspaper:
8/22/88
Fed. Reg.:
8/26/88
James R. Fraser to increase his ownership
from 23.57 percent to 25.05 percent of
Brighton Bancorp, Salt Lake City, Utah.
Newspaper:
Not Available
Fed. Rea.:
8/19/88
Section III - Applications Subject to Federal Register Notice Only
W.T.B. Financial Corporation, Spokane,
Washington, to engage de novo in
investment advisory activities through
WT Investment Advisors, Inc., Spokane,
Washington.
Fed. Rea.:
8/22/88
The Sanwa Bank, Ltd., Osaka, Japan, to
engage de novo in providing investment or
financial advice through The Sanwa Capital
Management, Inc., New York, New York.
Fed. Rea.:
8/24/88
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
* Subject to CRA.
The above listing has been prepared as a courtesy by the Federal Reserve Bank
of San Francisco, and is not intended to replace formal notices required by
statute or regulation; the Reserve Bank assumes no responsibility for errors
or omissions.
@FedFRASER