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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1982~No. 12) Actions of the Board; Applications and Reports Received During the Week Ending March 20, 1982 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Kansas City Clearwater Home State Bancshares, I n c . , Wichita, Kansas, extension of time to May 4, 1982, within which to consummate the acquisition of Home State Bank of Clearwater, Clearwater, Kansas. ] / Chicago KenBancorp, Kent land * Indiana, extension of time to April 17, 1982, w i t h i n which to become a bank holding company through the acquisition of 100 percent of the voting shares of the successor by merger to Kentland Bank, Kentland, Indiana. ] / Cleveland Kentucky Bank-Shares of Lexington, Lexington, Kentucky, extension of time to A p r i l 30, 1982, within which to acquire the Bank of Lexington, Lexington, Kentucky, j / Atlanta Liberty Holding Company, Cantonment, Florida, extension of t i n e to August 11, 1982, w i t h i n which to become a bank holding company through the acquisition of Liberty Bank of Cantonment, F l o r i d a . ]_/ Chicago NORTHWEST FUNDING, INC., Rockford, I l l i n o i s , extension of time to A p r i l 18, 1982, w i t h i n which to become a bank holding company through the acquisition of 100 percent of the voting shares of Northwest Bank of Rockford, Rockford, I l l i n o i s . ] / Atlanta Northwest Georgia Financial Corporation, Dallas, Georgia, extension of time to June 22, 1982, within which to become a bank holding company through the acquisition of the Citizens Bank, Dallas, Georgia. 2 / Kansas C i t y SOUTHWEST BANKSHARFS, INC., Rio Rancho, New Mexico, extenSion of time to June 18, 1982, within which to consummate the a c q u i s i t i o n of Bank of the Southwest, Rio Rancho, New Mexico. 1/ ]/ Application processe^!)^ behalf of the Board of Governors under delegated authority. H.2, 1982 No. 12 - 2 - ACTIONS OF THE BOARD-Continued Kansas City United Missouri Bancshares, I n c . , Kansas C i t y , Missouri, extension of time to July 13, 1982, within which to consummate the acquisition of City Bancshares, I n c . , Kansas C i t y , Missouri and thereby i n d i r e c t l y acquire City Bank and Trust Company of Kansas C i t y , Kansas C i t y , Missouri. ]_/ Kansas City American State Bank of Jackson, Jackson, Wyoming, extension of time to July 5, 1982, within which Federal Reserve membership must be accomplished. ]_/ Da Has F i r s t State Bank, Abilene, Texas, to invest in bank premises. ]_/ Chicago F i r s t State Bank of Maple Park, Maple Park, I l l i n o i s , to invest in bank premises. ] / San Francisco Liberty Bank, a proposed new bank, South San Francisco, C a l i f o r n i a , extension of time to June 20, 1982, within which to complete the requirements for membership i n the Federal Reserve System. J / New York Manufacturers Hanover Trust Company, New York, New York, extension of time to October 8, 1982, within which to establish a branch at 130 John Street, New York, New York. _]_/ Chicago P r a i r i e State Bank, Bloomington, I l l i n o i s , application for p r i o r approval to merge with Republic Bank of Bloomington, Bloomington, I l l i n o i s , under the charter of Republic Bank of Bloomington and t i t l e of P r a i r i e State Bank; report sent to the Federal Deposit Insurance Corporation on competitive factors. J / Da Has Southwest Bank, Mesquite, Texas, proposed merger with New Southwest Bank of Mesquite, Mesquite, Texas; report sent to the Federal Deposit Insurance Corporation on competitive factors. V San Francisco Western Bank, Coos Bay, Oregon, proposed merger with The Oregon Bank, Portland, Oregon, under the charter and t i t l e of the l a t t e r ; report sent to the Federal Deposit Insurance Corporation on competitive fa cto rs. 1/ ]/ Application processed on behalf of the Board of Governors under delegated authority. - 3 H.2, 1982 No. 12 ACTIONS OF THE BQARD-Continued To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Philadelphia Approved The Bank of New Jersey, Camden, New Jersey. To establish an o f f s i t e electronic f a c i l i t y at 117 West Main Street, Moorestown, New Jersey. J / San Francisco Valley Bank of Nevada, Las Vegas, Nevada. To establish a branch o f f i c e to be located at 885 Rancho Lane in the City of Las Vegas, Clark County, Nevada. J / San Francisco F i r s t Interstate Bank of C a l i f o r n i a , Los Angeles, C a l i f o r n i a . To establish a branch o f f i c e in the v i c i n i t y of the i n t e r section of Malibu Road and Webb Way, Unincorporated Commun i t y of Malibu, Los Angeles County, C a l i f o r n i a . J_/ * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 Kansas City Not Disapproved F i r s t National Charter Corporation, Kansas C i t y , Missouri. j y Dallas Security Financial Corporation of Fredericksburg, Fredericksburg, Texas. j_/ Dallas F i r s t Mexia Bancshares, I n c . , Mexia, Texas. J / Dallas F i r s t State Bank., I n c . , Dimmitt, Texas. 1/ * * * * * 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) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended Chicago V Sixty Day N o t i f i c a t i o n Period Allowed to Expire Continental International Finance Corporation, Chicago, I l l i n o i s : no object to make an additional investment in Commercial Continental Limited, Sydney, A u s t r a l i a . Application processed on behalf of the Board of Governors under delegated authority. 8 H.2, 1982N0. 12 - 4 ACTIONS OF THE BOARD-Continued Dallas Chicago Texas Commerce Bank, N.A., Houston, Texas: no objection t o establish a branch in Republic of Singapore. Sixty Day N o t i f i c a t i o n Period Waived F i r s t Chicago International Finance Corporation, Chicago, I l l i n o i s : no objection to make an additional investment i n Banco A r f i n a , S.A., Buenos Aires, Argentina. * * * * * To Establish a U.S. Branch of an Edge Act Corporation Pursuant to Section 25(a) of the Federal Reserve Act Atlanta Approved Bank of Boston International South, Miami, Florida: grants consent to establish and operate a branch in Houston, Texas. * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Dallas Richmond Withdrawn Rockwall Bancshares, I n c . , Rockwall, Texas, for approval to acquire at least 80 percent of the voting shares of The F i r s t State Bank, Rockwall, Texas. ]_/ Approved Union Bancorp of West V i r g i n i a , I n c . , Clarksburg, West V i r g i n i a , for approval to acquire 100 percent of the voting shares of the successor by merger to The Union National Bank of Clarksburg, Clarksburg, West V i r g i n i a . J / Chicago Dairy State Financial Services, I n c . , Plymouth, Wisconsin, f o r approval to acquire at least 80 percent of the voting shares of Dairy State Bank, Plymouth, Wisconsin. _]_/ Chicago FIRST TAZEWELL BANCORP, INC., Peoria, I l l i n o i s , for approval to acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of The F i r s t National Bank in East Peoria, East Peoria, I l l i n o i s . 1/ ]_/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1982 No. 12 5 ACTIONS OF THE BOARD-Continued Chicago Fort Wayne National Corporation, Fort Wayne, Indiana, f o r approval to acquire 100 percent of the voting shares of the successor by merger to Fort Wayne National Bank, Fort Wayne, Indiana. J./ St. Louis Country Bancshares, I n c . , H u l l , I l l i n o i s , for approval to acquire at least 80 percent of the voting shares of State Bank of H u l l , H u l l , I l l i n o i s . V Minneapolis BowbelIs Holding Company, Bowbells, North Dakota, for approval t o acquire 100 percent of the voting shares of The F i r s t National Bank of Bowbells, Bowbells, North Dakota. 1/ Kansas City F i r s t Dodge City Bancshares, I n c . , Dodge C i t y , Kansas, f o r approval to acquire at least 80 percent of the voting shares of F i r s t National Bancshares of Dodge C i t y , I n c . , Dodge C i t y , Kansas and i n d i r e c t l y F i r s t National Bank and Trust Company in Dodge C i t y , Dodge C i t y , Kansas. ]_/ Kansas City Security Bancorporation, I n c . , Boulder, Colorado, for approval to acquire at least 98.2 percent of the voting shares of Security Bank of Boulder, Boulder, Colorado. ]_/ Kansas City Southwest Missouri Bancorporation, I n c . , Carthage, Missouri, for approval to acquire at least 80 percent of the voting shares of Southwest Missouri Bank, Carthage, Missouri. J_/ Dal las F i r s t San Benito Bancshares, I n c . , San Benito, Texas, for approval t o acquire at least 80 percent of the voting shares of F i r s t National Bank of San Benito, San Benito, Texas. V Dallas Groos Bancshares, I n c . , San Antonio, Texas, for approval to acquire 100 percent of the voting shares of The Groos National Bank of San Antonio, San Antonio, Texas, j y Dal las League City Bancshares, I n c . , League C i t y , Texas, for approval to acquire at least 80 percent of the voting shares of League City National Bank, League C i t y , Texas. 1/ Dal las West Carroll Bancshares, I n c . , Oak Grove, Louisiana, f o r approval to acquire at least 80 percent of the voting shares of West Carroll National Bank of Oak Grove, Oak Grove, Louisiana. \J San Francisco Lincoln Bancorp, Sherman Oaks, C a l i f o r n i a , f o r approval to acquire 100 percent of the voting shares of Lincoln National Bank, Sherman Oaks, C a l i f o r n i a , a proposed new bank. 1/ T7 ~ Application processed on behalf of the Board of Governors under delegated authority. I H.2, 1982 No. 12 - 6 ACTIONS OF THE BOARD-Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Chicago Da 11 as Dallas Approved DETROITBANK Corporation, D e t r o i t , Michigan, for approval to acquire 100 percent of the voting shares (less d i rectors' q u a l i f y i n g shares) of the successor by merger t o Huron Valley National Bank, Ann Arbor, Michigan. J / CB8T Bancshares, I n c . , Cleveland, Texas, f o r approval to acquire 100 percent of the voting shares of Park National Bank, Porter, Texas, a proposed new bank. J / Texas Independent Bancshares, I n c . , Hitchcock, Texas, f o r approval to acquire 100 percent of the voting shares of Gulf National Bank, Texas C i t y , Texas, a proposed new bank. 1/ To Retain Bank Shares Acquired in a Fiduciary Capacity Pursuant t o Section 3 of the Bank Holding Company Act of 1956 San Francisco Withdrawn Security P a c i f i c Corporation, Los Angeles, C a l i f o r n i a , for approval t o r e t a i n 6.7 percent of the voting shares of U.S. Trust Corporation, New York, New York, acquired in a f i d u c i a r y capacity by Security P a c i f i c National Bank. 1/ To Expand a Bank Holding Company Pursuant t o Section 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 San Francisco T7 ~ Approved BankAnerica Corporation, San Francisco, C a l i f o r n i a , f o r approval to expand the a c t i v i t i e s of i t s subsidiary, BA Cheque Corporation, San Francisco, C a l i f o r n i a . Application processed on behalf of the Board of Governors under delegated authority. H.2, 1982 No. 12 - 7 ACTIONS OF THE BOARD-Continued Permitted The Chase Manhattan Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (making or acquiring, for i t s own account and f o r the account of others, loans and other extensions of c r e d i t , both secured and unsecured including, but not l i m i t e d t o , consumer and business lines of c r e d i t , installment loans for personal, household and business purposes and mortgage loans f o r personal, household and business purposes and mortgage loans secured by real property; servicing loans and other extensions of c r e d i t ; s e l l i n g travelers checks at r e t a i l ; acting as insurance agent or broker f o r c r e d i t l i f e insurance and credit accident and health insurance d i r e c t l y related to such lending and servicing a c t i v i t i e s ) at 100 Lincoln Place, Suite 122, Orlando, F l o r i d a , serving the State of Florida, through i t s subsidiary, Chase Manhattan Financial Services, Inc. (3/14/82) 3/ New York New York J/ C i t i c o r p , New York, New York, requests permission to expand the a c t i v i t i e s and service area of an e x i s t i n g o f f i c e (the making or acquiring of loans and other extensions of c r e d i t , secured or unsecured, f o r consumer and other purposes; the purchasing and servicing f o r i t s own account of sales finance contracts; the sale of c r e d i t related l i f e and accident and health or decreasing or level ( i n the case of single payment loans) term l i f e insurance by licensed agents or brokers, as required; the sale of c r e d i t related property and casualty insurance protecting real and personal property subject to a security agreement with C i t i c o r p Person-to-Person Financial Center, I n c . , to the extent permissible under applicable state insurance laws and regulations; and the servicing, for any person, of loans and other extensions of c r e d i t ; the new a c t i v i t y in which the o f f i c e is proposed to engage de novo i s : the making of loans to individuals and businesses to finance the purchase of mobile homes, modular units or related manufactured housing, together with the real property to which such housing is or w i l l be permanently a f f i x e d , such property being used as security f o r the loans; the proposed expanded service area f o r a l l aforementioned previously approved and proposed a c t i v i t i e s shall be the entire State of Colorado, except that the sale of credit related property and casualty insurance is not included in t h i s n o t i f i c a t i o n ; c r e d i t related l i f e , accident, and health 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 Governors under delegated a u t h o r i t y . H.2, 1982 No. 12 - 8 - ACTIONS OF THE BOARD-Continued insurance may be w r i t t e n by Family Guardian L i f e Insurance Company, an a f f i l i a t e of Citicorp Person-to-Person Financial Center, Inc.) at 1777 S. Harrison Street, Colorado Center, Suite 200, Denver, Colorado, serving the entire State of Colorado, through i t s subsidiary, Citicorp Person-to-Person Financial Center, Inc. (3/18/82) 3/ New York Manufacturers Hanover Corporation, New York, New York, requests permission to expand the service area of an existing o f f i c e (arranging, making, or acquiring for i t s own account or the account of others extensions of credit such as would be made by a consumer finance company and the sale as agent or broker of c r e d i t l i f e and c r e d i t accident and health insurance) at Majestic Savings Building, Suite 303, 7200 E. Hampden Avenue, Denver, Colorado, serving the States of Colorado and Utah, through i t s subsidiary, Finance One of Colorado, Inc. (3/19/82) 3/ Cleveland National City Corporation, Cleveland, Ohio, n o t i f i c a t i o n of intent t o engage i n de novo a c t i v i t i e s (engaging in promoting the r e v i t a l i z a t i o n of targeted low-to-moderate income neighborhoods in i t s banking subsidiaries' local communities throughout Ohio, while concentrating on the interests of present neighborhood residents by acquiring, developing, renovating, leasing, managing or s e l l i n g residential or small business commercial real estate, or providing the financing f o r such a c t i v i t y in pre-determined target areas, or by acting as research counselors, cons u l t a n t s , and promotion counselors, p a r t i c u l a r l y to those engaged in redevelopment projects) at 1900 East Ninth S t . , Cleveland, Ohio, serving the State of Ohio, through i t s subsidiary, National City Community Development Corporation (3/19/82) 3/ Richmond Dominion Bankshares Corporation, Roanoke, V i r g i n i a , n o t i f i cation of intent to engage i n de novo a c t i v i t i e s (acting as insurance agent or broker with respect to the following types of insurance related to or a r i s i n g out of loans made or c r e d i t transactions involving Dominion Bankshares Mortgage Corporation, a subsidiary of Dominion Bankshares Corporation; c r e d i t l i f e insurance, c r e d i t accident and health insurance and credit d i s a b i l i t y insurance; and nonconvertible term l i f e insurance) at 2001 Augustine Avenue, Fredericksburg, V i r g i n i a , serving the c i t y of Fredericksburg and Caroline, Culpeper, King George, Spotsylvania and Stafford counties, V i r g i n i a , through i t s subsidiary, Dominion Bankshares Services, Inc. (3/15/82) 3/ 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 Governors under delegated a u t h o r i t y . H.2, 1982 No. 12 - 9 ACTIONS OF THE BOARD-Continued San Francisco BankAmerica Corporation, San Francisco, C a l i f o r n i a , n o t i f i cation of intent to engage i n de novo a c t i v i t i e s (providing p o r t f o l i o investment advice (real estate) to any person; furnishing general economic information and advice, providing financial advice to state and local governments on methods of financing real estate development projects and performing real estate appraisals) at 1777 North C a l i fo rn i a Boulevard, Walnut Creek, C a l i f o r n i a ; 9550 F l a i r Drive, El Monte, C a l i f o r n i a and in Miami, Florida; Chicago, I l l i n o i s ; New York, New York; Houston, Texas and Washington, D.C., serving a l l f i f t y states and the D i s t r i c t of Columbia, through i t s proposed d i r e c t subsidiary, BA Appraisals, Inc. (a proposed Delaware corporation) (3/20/82) San Francisco BankAmerica Corporation, San Francisco, C a l i f o r n i a , n o t i f i cation of i t e n t to engage in de novo a c t i v i t i e s (making or acquiring for t h e i r own account loans and other extensions of c r e d i t such as would be made or acquired by a finance company, servicing loans and other extensions of c r e d i t , and o f f e r i n g c r e d i t related l i f e insurance and c r e d i t related accident and health insurance; c r e d i t related property insurance w i l l not be offered by either corporation in the State of Florida; such a c t i v i t i e s w i l l include, but not be l i m i t e d t o , making consumer installment loans; purchasing installment sales finance contracts; making loans and other extensions of c r e d i t 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 l i f e 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 extensions of c r e d i t made or acquired by FinanceAmerica Corporation and FinanceAmerica Industrial Plan Inc.) at 2612 W. 23rd Street, Panama C i t y , Florida, serving the e n t i r e State of Florida, through i t s i n d i re ct subsidiaries, FinanceAmerica Corporation and FinanceAmerica Industrial Plan Inc. (both Florida corporations) (3/20/82) 3/ San Francisco Security Pacific Corporation, Los Angeles, 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 ( i n f i n ancing, leasing and servicing a c t i v i t i e s with respect to personal property and equipment and real property) at 60 State S t r e e t , Boston, Massachusetts, serving the States of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, through i t s subsidiary, Security Pacific Leasing Corporation (3/19/82) 3/ 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 Governors under delegated a u t h o r i t y . H.2, 1982 No. 12 - 10 - APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Richmond Farmers and Merchants Bank of Lee County, Pennington Gap, V i r g i n i a . To establish a branch at the intersection of U.S. Highway 58 and State Route 573, Post H i l l , Lee County, V i r g i n i a . ZJ Chicago The Old State Bank of Fremont, Fremont, Michigan. To establish a branch at the v i c i n i t y of 6831 West Main Street, Dayton Township, Newaugo County, Michigan. 2/ San Francisco Pacific Heritage Bank, Torrance, C a l i f o r n i a . Branch o f f i c e i n the v i c i n i t y of the intersection of F i r s t Street and San Pedro Street in the L i t t l e Tokyo D i s t r i c t of Los Angeles, C a l i f o r n i a . 2J Applications and N o t i f i c a t i o n s for International Investments and Other Actions Pursuant t o Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended San Francisco Security Pacific Overseas Corp., Los Angeles, C a l i f o r n i a , an Edge Act subsidiary of Security Pacific National Bank, Los Angeles, C a l i f o r n i a : p r i o r n o t i f i c a t i o n of i t s intent to increase i t s i n d i r e c t investment i n Marac Holdings Limited, Auckland, New Zealand. To Establish an Overseas Branch of a Member Bank Pursuant t o Section 25 of the Federal Reserve Act San Francisco 2J S e a t t l e - F i r s t National Bank, Seattle, Washington: p r i o r n o t i f i c a t i o n of i t s intent t o establish a branch in Hong Kong Application subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 12 - 11 - APPLICATIONS RECEIVED-Continued To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Philadelphia Statewide Bancorp, Toms River, New Jersey, for approval to acquire 100 percent of the voting shares of The F i r s t National Bank of Toms River, Toms River, New Jersey. 2/ Richmond Peoples Banking Co. of Cecil Co., Elkton, Maryland, for approval to acquire 100 percent of the voting shares of The Peoples Bank of Elkton, Elkton, Maryland. 2/ Atlanta City National Bancshares, I n c . , Baton Rouge, Louisiana, for approval to acquire at least 80 percent of the voting shares of City National Bank of Baton Rouge, Baton Rouge, Louisiana. 2j « Atlanta Lakeside Bancshares, I n c . , Lake Charles, Louisiana, for approval to acquire 100 percent of the voting shares of Lakeside National Bank of Lake Charles, Lake Charles, Louisiana. 2/ Atlanta Pinellas Bancshares Corporation, St. Petersburg, Florida, for approval to acquire at least 80 percent of the voting shares of United Bank of Pinellas, St. Petersburg, Florida. 2/ Atlanta Yazoo Capital Corporation, Yazoo C i t y , Mississippi, f o r approval to acquire at least 80 percent of the voting shares of Bank of Yazoo C i t y , Yazoo C i t y , Mississippi. 2/ Chicago CAMDEN FINANCIAL CORPORATION, Camden, Indiana, for approval to acquire 80 percent or more of the voting shares of The Camden State Bank, Camden, Indiana. 2] Chicago COMMERCIAL BANCSHARES, INC., Crown Point, Indiana, for approval to acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger to The Commercial Bank, Crown Point, Indiana. 2/ Chicago FN Bancorp, Warsaw, Indiana, f o r approval to acquire 100 percent of the voting shares of the successor by merger t o F i r s t National Bank of Warsaw, Warsaw, Indiana. 2/ 2? Application subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 12 - 12 - APPLICATIONS RECEIVED-Continued St. Louis Latham Bancshares, I n c . , Tipton, Missouri, f o r approval to acquire at least 80 percent of the voting shares of The Bank of Latham, Latham, Missouri. 2J St. Louis Marion Bancshares, I n c . , Lexington, Kentucky, for approval to acquire at least 91 percent of the voting shares of The Marion National Bank of Lebanon, Lebanon, Kentucky. 2/ Kansas City CNB Financial Corporation, Kansas C i t y , Kansas, f o r approval to acquire 100 percent of the voting shares of Commercial National Bank of Kansas C i t y , Kansas C i t y , Kansas. 2/ Kansas City Merchants Bancorporation, Topeka, Kansas, f o r approval to acquire 100 percent of the voting shares of The Merchants Bank of Topeka, N.A., Topeka, Kansas, a proposed new bank, the successor by merger to The Merchants National Bank of Topeka, Topeka, Kansas. 2/ Kansas City Midlands Financial Services, I n c . , Omaha, Nebraska, f o r approval to acquire 94.75 percent of the voting shares of Nebraska State Bank of Omaha, Omaha, Nebraska. 2J Dal las Johnston County Bancshares, I n c . , Tishomingo, Oklahoma, for approval to acquire at least 80 percent of the voting shares of Bank of Johnston County, Tishomingo, Oklahoma. 2/ Dal las Our Bancshares, I n c . , Booker, Texas, f o r approval to acquire 100 percent of the voting shares of F i r s t Bank & Trust Co., Booker, Texas. 2/ San Francisco Business Bancorp, Sari Jose, C a l i f o r n i a , f o r approval to acquire 100 percent of the voting shares of C a l i fo rn i a Business Bank, N.A., San Jose, C a l i f o r n i a , a proposed new bank. 2/ San Francisco Western Bank Holding Company, N.A., Bellevue, Washington, for approval t o acquire 100 percent of the voting shares of F i r s t Western Bank, N.A., Bellevue, Washington. 2J 2J Application subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 12 - 13 APPLICATIONS RECEIVED-Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Richmond Equitable Bancorporation, Baltimore, Maryland, f o r approval t o acquire 100 percent of the voting shares of Equitable Bank, National Association, Baltimore, Maryland, the successor by merger t o The Equitable Trust Company, Baltimore, Maryland and Columbia Bank and Trust Company, Columbia, Maryland. 2/ Richmond Equitable Bancorporation, Baltimore, Maryland, f o r approval t o acquire 100 percent of the voting shares of Farmers and Merchants National Bank of Hagerstown, the successor by merger t o Farmers and Merchants Bank of Hagerstown, Hagerstown, Maryland. 2/ Atlanta E l l i s Banking Corporation, Bradenton, Florida, for approval to acquire 51 percent or more of the voting shares of Bank of Indian Rocks, Largo, Florida. 2/ Atlanta E l l i s Banking Corporation, Bradenton, F l o r i d a , f o r approval t o acquire 51 percent or more of the voting shares of Port Charlotte Bank and Trust Company, Port Charlotte, Florida. 2/ Chicago Marine Bancorp, I n c . , S p r i n g f i e l d , I l l i n o i s , for approval t o acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger to American National Bank of Champaign, Champaign, I l l i n o i s . 2/ St. Louis Mark Twain Bancshares, I n c . , St. Louis, Missouri, f o r approval t o acquire 100 percent of the voting shares of Mark Twain Stadium Bank, N.A., St. Louis, Missouri, a proposed new bank. 7J Minneapolis Montana Bancsystem, I n c . , B i l l i n g s , Montana, for approval to acquire at least 80 percent of the voting shares of Montana Bank of B i l l i n g s , B i l l i n g s , Montana. 2J Kansas City F i r s t Midwest Bancorp., I n c . , St. Joseph, Missouri, for approval t o acquire at least 93.1 percent of the voting shares of The Merchants and Farmers Bank of Salisbury, Salisbury, Missouri. _2/ ZJ Application subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 12 - 14 APPLICATIONS RECEIVED-Continued Kansas City The F i r s t National Bancorporation, I n c . , Denver, Colorado, f o r approval to acquire 100 percent of the voting shares of the successor by merger to F o o t h i l l s National Bank, Fort C o l l i n s , Colorado, t j Dallas F i r s t Bancshares of Texas, I n c . , Longview, Texas, for approval t o acquire 100 percent of the voting shares of Bank of Longview, National Association, Longview, Texas, a proposed new bank. 2J Dallas Mercantile Texas Corporation, Dallas, Texas, f o r approval to acquire 100 percent of the voting shares of Farmers State Bank of Round Rock, Round Rock, Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 New York If Manufacturers Hanover Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (arranging, making or acquiring for i t s own account or for the account of others, d i r e c t loans, real estate equity loans and other extensions of c r e d i t such as would be made by an i n d u s t r i a l loan company, servicing such loans and other extensions of c r e d i t for any person; and acting as an agent or broker f o r the sale of single and j o i n t credit l i f e insurance and c r e d i t accident and health insurance which is d i r e c t l y related to such loans and extensions of c r e d i t , and from which Finance One Mortgage would engage in the a c t i v i t i e s of arranging, making or acquiring for i t s own account or f o r the account of others installment sales finance cont r a c t s , real estate equity loans and other extensions of c r e d i t such as would be made by a finance company and acting as agent or broker f o r the sale of single and j o i n t l i f e insurance and credit accident and health insurance which is d i r e c t l y related to such loans and extensions of c r e d i t ) at ENI Building, 110 110th Avenue, N.E., Bellevue, Washington, serving the e n t i r e State of Washington, through i t s subsidiaries, Finance One Industrial Loan Company and Finance One Mortgage of Washington, Inc. (3/19/82) Application subject t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 12 15 APPLICATIONS RECEIVED-Continued New York Manufacturers Hanover Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (arranging, making or acquiring for i t s own account or for the account of others, d i r e c t loans, real estate equity loans, sales finance and other extensions of c r e d i t such as would be made by a finance company and acting as an agent or broker for the sale of single and j o i n t credit l i f e insurance which is d i r e c t l y related to such loans and extensions of c r e d i t ) at 4500 Holland Road, Virginia Beach, V i r g i n i a , through i t s subsidiary, Finance One Mortgage of V i r g i n i a , Inc. (3/19/82) New York Manufacturers Hanover Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (operating a t h r i f t and loan as authorized by California law, including the acceptance of t h r i f t c e r t i f i c a t e s , making or acquiring loans and other extensions of c r e d i t such as would be made by a t h r i f t and loan, and acting as agent or broker for the sale of single and j o i n t c r e d i t l i f e insurance, c r e d i t accident and health insurance and property insurance related to such loans and other extensions of c r e d i t ) at 465 North Labrea Avenue, Los Angeles, Calif o r n i a , through i t s subsidiary, Finance One T h r i f t of C a l i f o r n i a , Inc. (3/15/82) New York Manufacturers Hanover Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (operating in an i n d u s t r i a l bank as authorized by Colorado law, including the acceptance of deposits, making, acquiring, and servicing loans and other extensions of credit such as would be made by an i n d u s t r i a l bank, and acting as agent or broker for the sale of single and j o i n t credit l i f e insurance, c r e d i t accident and health insurance, and property insurance, related to such loans and other extensions of c r e d i t ) at 12308 W. 64th Avenue, Arvada, Colorado, through i t s subsidiary, Arvada Continental Industrial Bank (3/15/82) Philadelphia Philadelphia National Corporation, Philadelphia, Pennsylania, 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 (the s o l i c i t a t i o n and making of loans secured by accounts receivable, inventory, machinery and equipment and/or other commercial finance c o l l a t e r a l from and to businesses and corporations located in the State of Michigan and portions of adjacent States) at 3000 Town Center, Southfield, Michigan, through i t s subsidiary, Congress Financial Corporat i o n (a C a l i f o r n i a Corporation) (3/18/82) H.2, 1982 No. 12 - 16 APPLICATIONS RECEIVED-Continued Philadelphia Univest Corporation of Pennsylvania, Souderton, Pennsylvania, 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 (in the c r e a t i o n , purchase, or otherwise acquire, hold for investment , service, s e l l , assign, hypothecate, or pledge or otherwise deal i n , f o r i t s own account, or as agent, broker, or service company f o r others, mortgage loans secured by real estate, acquired with funds of the corporation, or under i t s c o n t r o l ; servicing mortgage and mortgage loans, servicing mortgage and mortgage loans which are issued and insured under the provisions of the National Housing Act and any other laws of the United States of America or the Commonwealth of Pennsylvania; acting as and being an approved mortgagee under the National Housing Act or any other laws; t o purchase, improve, hold, acquire, lease, operate, mortgage, foreclosure, s e l l , and generally deal in real estate f o r the p r o t e c t i o n , preservation, and security of the company's i n t e r e s t t h e r e i n ; making investigations into c r e d i t , issue c r e d i t reports, making appraisals and the l i k e for the protection of the company's interest therein; and acting as agent f o r insurance companies in s o l i c i t i n g and receiving applications f o r f i r e , casualty, l i f e , l i a b i l i t y , burglary, r e n t , c r e d i t l i a b i l i t y , and mortgage insurance, and any and a l l other kinds of insurance, the c o l l e c t i o n of premiums, and doing such other business as may be delegated to agents by such companies, to conduct and carry on a general insurance agency and insurance brokerage business and to have a l l powers necessary and incidental thereto) at 14 Main Street, Souderton, Montgomery County, Pennsylvania, serving Pennsylvania, New Jersey, and Delaware, through i t s subsidiary, Univest Mortgage Company (3/16/82) Richmond Southern Bancorporation, I n c . , Greenville, South Carolina, 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 (making extensions of credit as a licensed consumer f i nance lender; acting as agent for c r e d i t and accident insurance w r i t t e n in connection with such extensions of c r e d i t ; and acting as agent f o r c r e d i t property insurance w r i t t e n soley in connection with such extensions of c r e d i t ) at 113 South Paterson Street, Valdosta, Georgia, the geographic area to be served includes the c i t y of Valdosta and parts of Lowndes county, through a subsidiary, World Acceptance Corporation (3/15/82) Richmond V i r g i n i a National Bankshares, I n c . , Norfolk, V i r g i n i a , 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 (making, acquiring, and servicing, for i t s own account or for the account of others, loans secured p r i n c i p a l l y by second mortgages on real property and acting as an agent in the sale of c r e d i t l i f e insurance and accident and health 17 - H.2, 1982 No. 12 APPLICATIONS RECEIVED-Continued insurance in connection with such loans) at 4950 West Kennedy Boulevard, Tampa, Florida and North Regency One, 9485 Regency Square Building, Jacksonville, Florida, the trade areas w i l l be Tampa and Jacksonville, respectively and t h e i r environs, through a subsidiary, VNB Equity Corporation (3/16/82) Atlanta F i r s t Mississippi National Corporation, Hattiesburg, M i s s i s s i p p i , 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 (acting as insurance agent or broker in o f f i c e s at which the subsidiary is otherwise engaged in business f o r the sale of l i f e , accident and health, and property and casualty insurance d i r e c t l y related to extensions of c r e d i t by such subsidiary and acting as agent or broker in the sale of any insurance for the holding company and i t s subsidiaries) at 1102 Highway 49 North, Hattiesburg, Mississippi, serving Alabama, northwest F l o r i d a , Louisiana, Mississippi and east Texas, through i t s subsidiary, Continental Leasing Corporation (3/16/82) Atlanta Tennessee National Bancshares, I n c . , M a r y v i l l e , Tennessee, for approval to acquire 100 percent of the voting shares of Professional Leasing, I n c . , Knoxville, Tennessee. San Francisco Security Pacific Corporation, Los Angeles, C a l i f o r n i a , not i f i c a t i o n of intent to engage i n de novo a c t i v i t i e s (making or acquiring f o r i t s own account or for the account of others, asset based business loans and other commercial or i n d u s t r i a l loans and extensions of credit such as would be made by a f a c t o r i n g , rediscount or commercial finance company and engaging generally in the f a c t o r i n g business) in Atlanta, Georgia and Houston, Texas, serving the United States, through i t s subsidiary, Security Pacific Business Credit Inc. (3/20/82) * * * * * REPORTS RECEIVED Current Report Filed Pursuant to Section 13 of the Securities Exchange Act Commercial Trust Company of New Jersey, Jersey C i t y , New Jersey. - 18 - APPLICATIONS RECEIVED-Continued PETITIONS FOR RULEMAKING
@FedFRASER