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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1986, No. 13 Actions o f the Board Applications and Reports Received During the W e e k Ending M a rch 29, 1986 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Joe M. Cleaver — appointment as Assistant Director in the Division of Banking Supervision and Regulation. Boston Shawmut Corporation, Boston, Massachusetts — extension of time to June 2, 1986, within which to engage in discount brokerage activities through Shawmut Brokerage Services New York Great Eastern Bank, Flushing, New York — extension of time to April 18, 1986, within which to become a member of the Federal Reserve System. 1/ Philadelphia The Everett Bank, Everett, Pennsylvania — proposed merger with Shawnee Interim Bank under the charter of the latter and title of the former — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Cleveland AmeriTrust Corporation, Cleveland, Ohio — extension of time to May 6, 1986, within which to acquire AmeriTrust Development Bank. 1/ Cleveland Banc One Corporation, Columbus, Ohio — extension of time to June 2, 1986, within which to engage de novo in providing securities brokerage services through Banc One Investment Services Corporation. 1/ Lorain County Bank, Elyria, Ohio — proposed Cleveland 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Boa r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H . 2, 1986, No. 13 2 ACTIONS OF THE BOARD - Continued purchase of the Columbia Station office of Thrift Federal Savings & Loan Association of Cleveland, Cleveland, Ohio — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Cleveland Mellon Bank (North) National Association, Oil City, Pennsylvania, proposed purchase of the North East, Pennsylvania, office of Colony First Federal Savings & Loan Association, Monaca, Pennsylvania — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Atlanta Acadiana Financial Services, Inc., Lafayette, Louisiana — extension of time to June 28, 1986, within which to become a bank holding company through acquisition of Acadiana National Bank. 1/ Atlanta First Burke Banking Company, Waynesboro, Georgia — extension of time to April 30, 1986, within which to become a bank holding company through acquisition of The First National Bank of Waynesboro. 1/ Atlanta First Florida Bank, N.A., Tampa, Florida, proposed merger with Rutland Bank, St. Petersburg, Florida — report to the Comptroller of the Currency on competitive factors. 1/ Atlanta FNS Ban c s h a r e s , I n c . , Scottsboro, Alabama — extension of time to June 22, 1986, within which to become holding company through acquisition of The First National Bank, Scottsboro, and Northeast State Bank of Alabama, Henagar, Alabama. 1/ Atlanta Peoples Bank, Dover, Tennessee — proposed merger with Farmers Bank & Trust Company, Indian Mound, Tennessee — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Chicago Associated Banc-Corp., Green Bay, Wisconsin 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986, No. 13 3 ACTIONS OF THE BOARD - Continued — extension of time to May 5,1986, within which to establish a de novo subsidiary, Associated Insurance Corporation, Phoenix, Arizona, and engage directly as underwriter for credit life insurance and credit accident and health insurance on extensions of credit. 1/ Chicago F & M Financial Services Corporation, Menomonee Falls, Wisconsin — extension of time to June 19, 1986, within which to acquire The Farmers State Bank, Sullivan, Wisconsin. 1/ Chicago The First State Bank, Bourbon, Indiana — extension of time to July 6, 1986, within which to establish a branch at 436 East Center Street. 1/ Chicago FirstMil Bank, Milwaukee, Wisconsin — extension of time to September 27, 1986, within which to establish a branch (receiving facility) at 4623 West Lisbon Avenue and make an investment in bank premises. 1/ Chicago Old Kent Financial Corporation, Grand Rapids, Michigan — extension of time to July 6, 1986, within which to conduct discount brokerage activities, as a forwarding broker, through Old Kent Brokerage Services, Inc. 1/ Chicago Old Second Bancorp, Inc., Aurora, Illinois — extension of time to July 24, 1986, within which to acquire The Yorkville National Bank, Yorkville, Illinois. 1/ St. Louis Citizens Fidelity Corporation, Louisville, Kentucky — extension of time to June 24, 1986, within which to engage de novo in discount securities brokerage activities through Citizens Fidelity Capital Markets, Inc. 1/ Minneapolis First State Bank, Armour, South Dakota, proposed merger with Dakota State Bank, Tripp, South Dakota — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Kansas City The First National Bank of Fairbury, 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986, No. 13 4 ACTIONS OF THE BOARD - Continued Fairbury, Nebraska, proposed merger with Jefferson County Bank, Daykin, Nebraska — report to the Comptroller of the Currency on competitive factors. 1/ Kansas City FNBT Bancshares Perry, OK, Inc., Perry, Oklahoma — extension of time to May 31, 1986, within which to acquire First National Bank and Trust Company of Perry. 1/ Kansas City J.R. Montgomery Bancorporation, Lawton, Oklahoma — extension of time to June 17, 1986, within which to engage in the activity of selling credit Life, accident and health insurance. 1/ Dallas Duncanville Bancshares, Inc., Duncanville, Texas — extension of time to May 12, 1986, within which to acquire First State Bank of Texas, Duncanville, Texas. 1/ San Francisco First Interstate Bancorp, Los Angeles, California — extension of time within which to divest certain properties. 1/ San Francisco First Security Corporation, Salt Lake City, Utah — extensions of time within which to divest certain properties. 1/ 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. 5 H.2, 1986, No. 13 ACTIONS OF THE BOARD - Continued TO ESTABLISH A DOMESTIC BRANCH PURSUANT TOSECTION 9 OF THE FEDERAL RESERVE ACT Withdrawn San Francisco Valley Bank of Nevada, Las Vegas, Nevada — to establish a branch office in the vicinity of Cheyenne Avenue and Tonopah Highway, City of Las Vegas, Nevada. (3/27/86) * * * * * * Approved New York Chemical Bank, New York, Ne w York — to establish branches at General Foods Corporation, 800 Westchester Avenue, Rye Brook, New York and General Foods Corporation, 250 North Street, White Plains, New York. 1/ (3/28/86) Cleveland The Fifth Third Bank of Columbus, Columbus, Ohio — to establish a branch at the corner of Freedom Trail and Tussing Road, Columbus, Ohio. 1/ (3/26/86) Cleveland The Provident Bank, Cincinnati, Ohio — to establish a branch at 2057 Beechmont Avenue, Cincinnati, Ohio. 1/ (3/24/86) Atlanta Central Bank of the South, Birmingham, Alabama — to establish a branch at 1425 Forestdale, Alabama, to be known as the Forestdale Office. 1/ (3/18/86) Atlanta First American Bank of St. Lucie County, Port St. Lucie, Florida — to establish a branch at 2602 South U. S. Highway One, Fort Pierce, Florida, to be known as The First American Bank of St. Lucie County - Fort Pierce Banking Center. 1/ (3/24/86) Atlanta Metro Bank of Dade County, Miami, Florida — to establish a branch at 9000 S.W. 137th Avenue, Miami, Florida, to be known as The Metro Bank of Dade County - West Kendall Branch. 1/ (3/19/86) San Francisco Valley Bank & Trust Company, Salt Lake City, 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s und e r d e l e g a t e d authority. H.2, 1986, No. 13 6 ACTIONS OF THE BOARD - Continued Utah — to establish branch in the vicinity of 4800 S. & Highland Drive, Salt Lake City, Utah. 1/ (3/25/86) * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Philadelphia Community Bank and Trust Company, Forest City, PA. 1/ (3/27/86) Cleveland The N ew Waterford Interim Bank, New Waterford, Ohio. 1/ (3/28/86) Atlanta Family Bank of Hallandale, Hallandale, Florida. 1/ (3/27/86) Atlanta Mountain Bank of Georgia, Hiawassee, Georgia. 1/ 3/27/86) Dallas Park Central Bank of Dallas, Dallas, Texas proposed new b a n k ) . 1/ (3/26/86) (a * * * * * T O M E RGE PURSUANT TO SECTION 18(c) OF THE FEDERAL DEPOSIT INSURANCE ACT Approved Cleveland The N e w Waterford Interim Bank, New Waterford, Ohio — to merge with The New Waterford Bank, N e w Waterford, Ohio. 1/ (3/28/86) Cleveland The Toledo Trust Company, Toledo, Ohio merge with First Buckeye Bank, N.A., Mansfield, Ohio. 1/ (3/25/86)* * * * * * 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. — to H.2, 1986, No. 13 7 ACTIONS OF THE BOARD - Continued Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 2 5 (a) of the Federal Reserve A ct and Sections 4(c)(9), 4 ( c ) (13) and 4 ( c ) (14) of the Bank Holding Company Act of 1956, as amended Approved New York Chemical International Finance, Ltd., New York, New York — grants consent to make an additional investment in its wholly-owned Australian holding company, Chemical Holdings Limited, Melbourne, Australia, which will in turn invest in Chemical Australia International Limited, Melbourne, Australia, and in CASL Financial Services Pty. Ltd., Melbourne, Australia. (3/28/86) New York Citibank Overseas Investment Company, Wilmington, Delaware grants relief from the conditions and reporting requirements imposed by the Board's letter of March 29, 1977, on the Citicorp organization with respect to its interest in the then Ajax Insurance Company Ltd., Sydney, New South Wales, Australia, now known as Citicorp General Insurance Limited. (3/24/86) San Francisco Fuji Bank International, Inc., San Francisco, California, request consent to increase its capital stock, and to amend its Articles of Association to reflect this change. (3/24/86) * * * * * To F o r m a Bank Holding Company Pursuant to Section 3 ( a ) (1) of the Bank Holding Company A ct of 1956 Approved Boston Depositors Bancorp, Lexington, Massachusetts, for approval to acquire at least 55.8 percent of the voting shares of Depositors Trust Company, Lexington, Massachusetts. 1/ (3-25-86) New York State Bancorp, Inc., New Hyde Park, New York, 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986, No. 13 8 ACTIONS OF THE BOARD - Continued for approval to acquire 100 percent of the voting shares of State Bank of Long Island, N e w Hyde Park, N ew York. 1/ (3/26/86) Philadelphia Shawnee Financial Services Everett, Pennsylvania, for acquire 100 percent of the The Everett Bank, Everett, Atlanta United Pinellas Corporation, St. Petersburg, Florida, to acquire at least 80 percent of the voting shares of Pinellas Bancshares Corporation, St. Petersburg, Florida, indirectly acquire United Bank of Pinellas, St. Petersburg, Florida. (3/24/86) St. Louis Mercantile Bancshares, Inc., Jonesboro, Arkansas, for approval to acquire 100 percent of the voting shares of Mercantile Bank, Jonesboro, Arkansas. 1/ (3/25/86) Minnesota Lafayette Bancshares, Inc., Lafayette, Minnesota, for approval to acquire 86.33 percent of the voting shares of Citizens State Bank of Lafayette, Lafayette, Minnesota. 1/ (3-25-86) Kansas City Lone Wolf Bancshares, Inc., Lone Wolf, Oklahoma, for approval to acquire all of the voting shares of First State Bank, Lone Wolf, Oklahoma. (3/24/86) Kansas City Southgate Banking Corporation, Prairie Village, Kansas, for approval to acquire 100 percent of the voting shares of The Southgate Bank, Prairie Village, Kansas. 1/ (3/28/86) Kansas City TeamBanc, Inc., Employee Stock Ownership Plan, Paola, Kansas, for approval to acquire through TeamBanc, Inc., Paola, Kansas, Miami Agency, Inc., Paola Kansas, and indirectly Miami County National Bank, Paola, Kansas 1/ (3/27/86) Kansas City TeamBanc, Inc., Paola, Kansas, for approval to acquire 100 percent of the voting shares of Miami Agency, Inc., Paola, Kansas, and indirectly of The Miami County National Bank of Paola, Paola, Kansas. 1/ (3/27/86) Dallas NBC Company, San Antonio, Texas, Corporation, approval to voting shares of PA. 1/ (3/24/86) for approval 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986, No. 13 9 ACTIONS OF THE BOARD - Continued to acquire 100 percent of the voting shares of Corpus Christi Bancshares, Inc., Corpus Christi, Texas, and indirectly Citizens State Bank of Corpus Christi, Corpus Christi, Texas. 1/ (3/27/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (3) of the Bank Holding Company Ac t of 1956 Approved Philadelphia Comm. Bancorp, Inc., Forest City, PA. for approval to acquire 23.9 percent of the voting shares of The First National Bank of Nicholson, Nicholson, PA. 1/ (3-27-86) Philadelphia National Penn Bancshares, Inc., Boyertown, PA., for approval to acquire 20 percent of the voting shares of Constitution B a n k , Philadelphia, PA, a proposed new bank. 1/ (3-25-86) Chicago Illini Community Bancorp, Inc., Springfield, Illinois, for approval to acquire at least 80 percent of the voting shares of Auburn Peoples Bank, Auburn, Illinois. 1/ (3-25-86) Chicago Illini Community Bancorp, Inc., Springfield, Illinois, for approval to acquire 100 percent of the voting shares of Sherman Community Banc Shares, Inc., Sherman, Illinois, and indirectly Sherman Community Bank, Sherman, Illinois. 1/ (3/25/86) Dallas Longview Bancshares, Inc., Longview, Texas, for approval to acquire 100 percent of the voting shares of First State Bank, Big Sandy, Texas. 1/ (3/28/86) Dallas Longview Bancshares, Inc., Longview, Texas, for approval to acquire 100 percent of the voting shares of First State Bank, Rusk, Texas. 1/ (3/28/86) Dallas National Bancshares Corporation of Texas, San Antonio, Texas, for approval to acquire 100 percent of the voting shares of Corpus Christi Bancshares, Inc., Corpus Christi, 1/ A p p l i c a t i o n p r o c e s s e d on beha l f of the Boa r d of G o v e rnors und e r d e l e g a t e d authority. H.2, 1986, No. 13 10 ACTIONS OF THE BOARD - Continued Texas, and, indirectly Citizens State Bank of Corpus Christi, Corpus Christi, Texas. 1/ (3/27/86) Dallas North Central Texas Bancshares, Inc., Iowa Park, Texas, for approval to acquire 100 percent of the voting shares of Memphis State Bank, Memphis, Texas. 1/ (3/27/86 San Francisco Puget Sound Bancorp, Tacoma, Washington, for approval to acquire 100 percent of the voting shares of The Bank of Seattle, Seattle, Washington. 1/ (3/27/86) San Francisco Puget Sound Bancorp, Tacoma, Washington, for approval to acquire 100 percent of the voting shares of The Bank of Redmond, Redmond, Washington. 1/ (3/27/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (5) of the Bank Holding Company A c t of 1956 Approved Atlanta Pinellas Bancshares Corporation, St. Petersburg, Florida, for — approval to merge with United Pinellas Corporation, St. Petersburg, Florida, and indirectly acquire United Bank of Pinellas, St. Petersburg, Florida. (3/24/86) * * * * * To Expand a Bank Holding Company pursuant to Section 4 ( c ) (8) of the Bank Holding Company A c t of 1956 Returned Chicago Illinois Neighborhood Development Corporation, Chicago, Illinois, notification of intent to engage de novo (engaging in community development activities) through its subsidiary, TNI Development Corporation, Chicago, Illinois. (3/28/86) Chicago Naperville Financial Corporation, Naperville, Illinois, — to establish a de novo subsidiary, Naper Securities Corporation, Naperville, Illinois and to engage de novo 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H .2, 1986, No. 13 11 ACTIONS OF THE BOARD - C o n tin u e d (discount securities brokerage activities including certain securities credit and incidental a c t i v i t i e s ) . 3/24/86 * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Approved New York Creditanstalt-Bankverein, Vienna, Austria, — for approval, to acquire 90 percent of the voting shares of Pacific Overseas Finance Corporation, San Francisco, California, and thereby to engage nationwide in arranging trade financing. 1/ (3/27/86) Richmond Sovran Financial Corporation, Norfolk, Virginia — to acquire interest in Internet, Inc., Reston, Virginia. 1/ (3/28/86) Richmond Sovran Financial Corporation, Norfolk, Virginia — to acquire, Suburban Service Corporation, Bethesda, Maryland. (3/28/86) Kansas City Southgate Banking Corporation, Prairie Village, Kansas — to indirectly engage in providing fiduciary trust services through the acquisition of 100 percent of the voting common shares of The Southgate Trust Company, Prairie Village, Kansas. 1/ (3/28/86) Kansas City T e a m B a n c , Inc., Employee Stock Ownership Plan, Paola, Kansas — to engage indirectly in the sale of general insurance, by Miami Agency, Inc., in a town of less than 5,000. 1/ 3/27/86 Kansas City TeamBanc, Inc., Paola, Kansas — for approval to engage in the sale of general insurance by Miami Agency, Inc., in a town of less than 5,000. 1/ (3/27/86) San Francisco Puget Sound Bancorp, Tacoma, Washington, to acquire Redmond Mortgage Company, Redmond, Washington, and thereby engage in mortgage lending activities. 1/ (3/27/86) * * * * * 1/ A p p lic a tio n p ro c e s s e d on b e h a lf o f th e B oard o f G overnors u n der d e le g a te d a u th o rity . H . 2, 1986, No. 13 12 A C T I O N S O F T H E BOARD - C o n t i n u e d Permitted New York The Bank of New York Company, Inc., New York, New York — to engage de novo (engaging in the activities of a trust company of a fiduciary, agency, or custodial nature) through its subsidiaries, Capital Trust Company and Eastern Trust Company, Albany, New York. The geographic area to be served will be the state of Ne w York. 3/ (2/29/86) New York European American Bancorp, N e w York, Ne w York — to engage de novo (making, acquiring, and/or servicing loans for itself or for others of the type made by a mortgage company) through its subsidiary, EAB Mortgage Company, Inc., Uniondale, New York. 3/ (2/23/86) Cleveland Union Banc Shares Corp., Bellevue, Ohio — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through the acquisition of Union Ohio Brokerage, Inc., Bellevue, Ohio. 3/. (3/28/86) * * * * * Redemption of Shares St. Louis Area Bancshares Corporation, Hopkinsville, Kentucky. 1/ (3/28/86) Dallas South Taylor County Bancshares, Tuscola, Texas. 1/ (3/26/86) 3/ Inc., N o tif ic a tio n p ro c e s s e d by R eserv e Bank on b e h a lf o f th e B oard o f G overnors u n d er d e le g a te d a u th o r ity . H.2, 1986, No. 13 13 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received Cleveland The Fifth Third Bank, Cincinnati, Ohio — tor approval to establish a branch at 111 West First Street, Dayton, Ohio. 2/ Richmond First Virginia Bank, Falls Church, Virginia — to establish a branch at 6045 A Burke Centre Parkway, Burke, Virginia. 2/ Richmond Union Trust Company of Maryland, Baltimore, Maryland — to establish a branch at 201 Russell Avenue, Gaithersburg, Montgomery County, Maryland. 2/ Chicago M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin — to establish an electronic offsite facility at 1438 East Brady, Milwaukee, Wisconsin. 2/ * * * * * To Merge Pursuant to Section 1 8 (c) of the Federal Deposit Insurance A c t Received St. Louis People's Bank and Trust Company, Mount Vernon, Indiana — to merge with ONB Merger Bank II, Mount Vernon, Indiana. 2/ St. Louis United Missouri Bank of St. Louis, National Association, St. Louis, Missouri, and United Missouri Bank of Jefferson County, Arnold, Missouri — to merge with United Missouri Bank of St. Louis County, National Association, Clayton, Missouri, the resulting bank to be titled "United Missouri Bank of St. Louis, National Association." 2/ * * * * * Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve A ct and Sections 4(c)(9), 4 ( c ) (13) and 4 ( c ) (14) of the Bank Holding Company A ct of 1956, as amended 2/ A p p l i c a t i o n s u b j e c t t o C om m unity R e in v e s t m e n t A c t. T he C o m m u n ity A f f a i r s O f f i c e r o f t h e a p p l i c a b l e R e s e r v e B ank may b e c o n ta c te d a s t o th e l e n g t h o f th e com m ent p e r i o d . H.2, 1986, No. 13 14 APPLICATIONS RECEIVED - Continued Received New York Bankers Trust N ew York Corporation, N ew York, New York — requests a 90 day relief from a commitment that it would not engage, indirectly through Compania de Seguros de Vida Consorcio National de Seguros S.A., Santiago, Chile, in the activity of underwriting certain types of life insurance products in Chile. * * * * * To Fo r m Bank Holding Company Pursuant to Section 3 ( a ) (1) of the Bank Holding Company A ct of 1957 Received Richmond Mellon Financial Corporation (MD), Bethesda, MD — for approval to acquire Mellon Bank (MD), Bethesda, MD, a proposed new bank. 2/ Cleveland Whitley-Williamsburg Financial Corporation, Williamsburg, Kentucky — for approval to acquire 100 percent of the voting shares of Farmers National Bank, Williamsburg, Kentucky. 2/ Atlanta Atrium Capital Corporation, Boca Raton, Florida — for approval to acquire 100 percent of the voting shares of Landmark Bank of Palm Beach County, Boca Raton, Florida. 2/ Chicago Lincolnshire Bancshares, Inc., Lincolnshire, Illinois — for approval to acquire at least 70 percent of the voting shares of First National Bank of Lincolnshire, Lincolnshire, Illinois. 2/ Chicago Magna Acquisition Company, Belleville, Illinois — for approval to acquire First Banc Group, Inc., Centralia, Illinois and indirectly acquire First National Bank & Trust Company; First State Bank of Centralia, both of Centralia, Illinois, Ashley State Bank, Ashley, Illinois; and Hoyleton State & Savings Bank, Hoyleton, Illinois. 2/ Chicago Mid States Financial C o r p . , Moline, 2/ Illinois A p p l i c a t i o n s u b j e c t t o C om m u n ity R e in v e s t m e n t A c t. T he C o m m u n ity A f f a i r s O f f i c e r o f t h e a p p l i c a b l e R e s e r v e B ank may b e c o n ta c te d a s t o th e le n g th o f th e com m ent p e r i o d . H . 2 , 1986, No. 13 15 APPLICATIONS RECEIVED - Continued — for approval to acquire 100 percent of the voting shares of First National Bank of Moline, Moline, Illinois. 2/ Chicago Ossian Financial Services, Inc., Ossian, Indiana — for approval to acquire 100 percent of the voting shares of Ossian State Bank, Ossian, Indiana. 2/ Chicago Salin Bancshares of North Central Indiana, Inc., Fort Wayne, Indiana — for approval to acquire 100 percent of the voting shares of Camden Financial Corporation, Camden, Indiana and indirectly acquire The Camden State Bank, Camden, Indiana. 2/ St. Louis Hamel Bancorp, Inc., Hamel, Illinois — for approval to acquire at least 80 percent of the voting shares of Hamel State Bank, Hamel, Illinois. 2/ Kansas City American Commerce Banshares, Inc., Omaha, Nebraska — for prior approval to acquire at least 80 percent of the common and preferred shares of Financial Group H u m b o l d t ,I n c ., Humboldt, Nebraska and indirectly Home State Bank & Trust Company, Humboldt, Nebraska; and Financial Group Dawson, I n c . , Humboldt, Nebraska and indirectly The Dawson Bank, Dawson, Nebraska; and to acquire at least 80 percent of the common shares of American National Corporation, Omaha, Nebraska and indirectly American National Bank, Omaha, Nebraska. 2/ Kansas City Nichols Hills Bancorporation, Inc., Oklahoma City, Oklahoma — to acquire approval of 100 percent of the voting shares of Nichols Hills Bank and Trust Company, Oklahoma City, Oklahoma. 2/ Dallas Caldwell Capital Corporation, Caldwell, Texas — for approval to acquire 100 percent of the voting shares of First State Bank in Caldwell, Caldwell, Texas. 2/ Dallas Fidelity Holding Company, San Antonio, Texas — for approval to acquire 100 percent of the voting shares of Fidelity Bank N.A., San Antonio, Texas. 2/ 2/ A p p l i c a t i o n s u b j e c t t o C o m m u n ity R e in v e s t m e n t A c t . T he C o m m u n ity A f f a i r s O f f i c e r o f t h e a p p l i c a b l e R e s e r v e B ank may b e c o n ta c te d a s to th e le n g th o f th e com m ent p e r i o d . H.2, 1986, No. 13 16 APPLICATIONS RECEIVED - Continued Dallas First La Grange Bancshares, Inc., La Grange, Texas — for approval to acquire 100 percent of the voting shares of First National Bank of La Grange, The, La Grange, Texas. 2/ San Francisco Met Financial Corporation, Oakland, California — for approval to acquire by the conversion of its existing wholly owned subsidiary, Metropolitan Thrift and Loan Association, Oakland, California, to a national bank under the name, Metropolitan National Bank, Oakland, California, a proposed new bank. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (3) of the Bank Holding Company A c t of 1956 Received Philadelphia Penn Central Bancorp, Inc., Huntingdon, PA for approval to acquire 100 percent of the voting shares of The First National Bank of Saxton, Saxton, PA 2/ Cleveland The Central Bancorporation, Inc., Cincinnati, Ohio — for approval to acquire Citizens National Bank, Fort Wright, Kentucky 2/ Cleveland Cumberland Valley Financial Corporation, London, Kentucky — for approval to acquire at least 66.67 percent of the voting shares of Farmers National Bank, Williamsburg, Kentucky. 2/ Cleveland Mellon Bank Corporation, Pittsburg, PA — approval to acquire Mellon Bank (MD), Bethesda, MD, a proposed new bank 2/ Chicago Heartland Bancorp, Inc., El Paso, Illinois, — for approval to acquire 100 percent of the voting shares of The First National Bank, Washington, Illinois. 2/ Chicago Magna Group,Inc., Belleville, Illinois — for approval to acquire First Banc Group, Inc., Centralia, Illinois and indirectly acquire First National Bank & Trust Company; First State Bank of Centraiia, both of Centralia, 2/ for A p p l i c a t i o n s u b j e c t t o C o m m u n ity R e in v e s t m e n t A c t . T he C om m u n ity A f f a i r s O f f i c e r o f t h e a p p l i c a b l e R e s e r v e B ank may b e c o n t a c t e d a s t o t h e l e n g t h o f t h e com m ent p e r i o d . H . 2, 1986, No. 13 17 APPLICATIONS RECEIVED - Continued Illinois; Ashley State Bank, Ashley, Illinois; and Hoyleton State & Savings Bank, Hoyleton, Illinois. 2/ Kansas City Harry A. Lowe Agency, Inc., Ouray, Colorado — for approval to acquire 97.28 percent of the voting shares of Montrose County Bank, Naturita, Colorado. 2/ Dallas Greater Texas Bancshares, Inc., Georgetown, Texas — for approval to acquire 100 percent of the voting shares of Greater Texas Bank Leander, Leander, Texas. 2/ Dallas Greater Texas Bancshares, Inc., Georgetown, Texas — for approval to acquire 100 percent of the voting shares of Greater Texas Bank North, N.A., Austin, Texas. 2/ Dallas Greater Texas Bancshares, Inc., Georgetown, Texas — for approval to acquire 99.6 percent of the voting shares of Lockhart State Bank, Lockhart, Texas. 2/ Dallas North Central Teas Bancshares, Inc., Iowa Park, Texas — for approval to acquire 100 percent of the voting shares of Memphis State Bank, Memphis, Texas. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (5) of the Bank Holding Company A ct of 1956 Received Kansas City American National Corporation, Omaha, Nebraska — for approval to merge with American Commerce B a n s h a r e s , I n c ., O m a h a , Nebraska, thereby acquiring at least 80 percent of the common and preferred shares of Financial Group Humboldt, Inc., Humboldt, Nebraska, and indirectly Home State Bank & Trust Company, Humboldt, Nebraska; Financial Group Elk Creek, Inc., Humboldt, Nebraska and indirectly State Bank of Elk Creek, Elk Creek, Nebraska and Financial Group Dawson, Inc., Humboldt, Nebraska and indirectly The Dawson Bank, Dawson, Nebraska. 2/* * * * * * 2/ A p p l i c a t i o n s u b j e c t t o C o m m u n ity R e in v e s t m e n t A c t . T he C om m unity A f f a i r s O f f i c e r o f t h e a p p l i c a b l e R e s e r v e B ank may b e c o n t a c t e d a s t o t h e l e n g t h o f t h e com m ent p e r i o d . H.2, 1986, No. 13 18 APPLICATIONS RECEIVED - Continued To Expand a Bank Holding Company Pursuant to Section 4 ( c ) (8) of the Bank Holding Company A c t of 1956 Received Cleveland AmeriTrust Corporation, Cleveland, Ohio, for approval to acquire 51 percent of the voting shares of ATEK Check Printing Company, Brooklyn, Ohio. 2/ Chicago Mahaska Investment Company, Oskaloosa, Iowa — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to t h e m ) . The geographic scope will be the State of Iowa. (3/24/86) Minneapolis Escrow Corporation of America, Inc., Pennock, Minneapolis — to retain assets acquired from the Lyle Thomas Agency, Willmar, Minnesota and thereby engage in the sale of federal crop insurance in a town with a population of less than 5,000. Kansas City Nebraska National Corporation, Omaha, Nebraska — for approval to engage in insurance agency activites in a town of less than 5,000 persons. Kansas City Union Bankshares, Ltd., Denver, Colorado, to acquire Colorado Bankers M o r t g a g e , I n c ., Denver, Colorado and thereby engage in mortgage banking activities and real estate appraisals. Dallas Cullen/Frost Bankers, Inc., San Antonio, Texas — for approval to acquire 100 percent of the voting shares of Cullen/Frost Discount Brokers, Inc., San Antonio, Texas. Dallas MCORP, Dallas, Texas and MCORP Financial, Wilmington, Delaware — for approval to acquire 100 percent of the voting shares o ECOM Systems, Incorporated, Memphis, Tennessee. San Francisco Bancorp Hawaii, Inc, Honolulu, Hawaii, to expand the activities of its subsidiary Bancorp Insurance Agency of Hawaii, Honolulu, Hawaii, and to engage de novo (selling credit 2/ A p p l i c a t i o n s u b j e c t to C o m m u n i t y R e i n v e s t m e n t Act. The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e B a n k m a y be c o n t a c t e d as to the length of the c o m m e n t period. H.2, 1986, No. 13 19 APPLICATIONS RECEIVED - Continued life, disability, or involuntary unemployment insurance on mortgage loans) made by The Bancorp Hawaii Inc. organization. (3/27/86) San Francisco Met Financial Corporation, Oakland, California — to engage in mortgage banking activities including underwriting, brokering and servicing real estate loans. San Francisco The Mitsui Bank, Limited, Tokyo, Japan, to engage de novo (engaging in the activities of a trust company of a fiduciary, agency, or custodial nature; providing portfolio investment advice to any person; providing economic information and advice, statistical forecasting services, and industry studies) through Mitsui Finance Trust Company of N ew York, New York, N ew York. (3/28/86) 2/ A p p l i c a t i o n su b j e c t to C o m m u n i t y R e i n v e s t m e n t Act. The C o m m u n i t y A f f a i r s O f f i c e r of the a p p l i c a b l e R e s e r v e B a n k m a y be c o n t a c t e d as to the length of the c o m m e n t period.
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