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ANNOUNCEMENT BY
BOARD OF GOVERNORS
O F THE
FHDBIAL RESERVE SYSTEM
H.2, 1988, No. 10
Actions of the Board
Applications and Reports Received
Daring the Week Biding March 5, 1988
Actions of the Board, Its Staff, and
The Reserve Banks.
H. 2
No. 10
Statement by Chairman Greenspan before the Senate
Gonmittee on the Budget, concerning the deficit
this year and next and longer-run fiscal concerns,
and prior to ccnmittee deliberations on the budget
for the fiscal year 1989, March 2, 1988.
Request for comment by May 13, 1988, on a revised
risk-based capital guidelines proposal for U.S.
banking organizations (Docket R-0628).
Boston
Regional Bancorp, Inc., Medford, Massachusetts —
redemption of shares.
Boston
Landmark Financial Corporation, Hartford, Connecticut
— to acquire SBT Corp., Old Saybrook, Connecticut.
New York
Bankers Trust New York Corporation, New York, Neiw
York — to engage de novo in trust activities
through Texas and Southern Trust Company.
*
Philadelphia
Meridian Bank, Reading, Pennsylvania — to establish
an offsite electronic facility at Drexel University
in the James Creese Student Center, 3210 Chestnut
Street, Philadelphia, Pennsylvania.
Philadelphia
Community National Bank, Shamokin, Pennsylvania,
proposed merger with Nantiooke National Bank,
Nanticoke, Pennsylvania— report to the Comptroller
of the Currency on competitive factors.
Philadelphia
First Eastern Corp., Wilkes - Barre, Pennsylvania —
to engage in providing financial advice to state
and local governments through Dolphin Bradbury,
Inc.
Cleveland
Fifth Third Bancorp, Cincinnati, Ohio — to acquire
C&H Bancorp, Piqua, Ohio, and Citizens Heritage
Bank, National Association.
H. 2-10
(cont'd)
Richmond
Powell Valley Bankshares, Inc., Jonesville, Virginia
— to acquire the successor by merger to Pcwell
Valley National Bank.
Richmond
The Lincoln National Bank of Hamlin, Hamlin, West
Virginia, proposed merger with Lincoln Interim
National Bank — report to the Comptroller of the
Currency on competitive factors.
Richmond
MM Bancorp, Cumberland, Maryland — to engage de novo
in data processing through WM Data Center, Inc.,
nationwide.
Richmond
Central Fidelity Bank, Richmond, Virginia — to
establish a branch at 9110 West Broad Street.
Atlanta
Community Bank & Trust Ccmpany, Mableton, Georgia,
proposed merger with CPC Interim Inc. — report to
the Federal Deposit Insurance Corporation on
competitive factors.
Atlanta
Peoples Bancshares, Inc., Clanton, Alabama —
extension to May 27, 1988, to acquire The Peoples
Savings Bank.
Atlanta
SunTrust Banks, Inc., Atlanta, Georgia — extension
to May 31, 1988, to acquire SunTrust Bankcard, N.A.
Atlanta
First Commercial Bancshares, Inc., Jasper, Alabama —
to acquire The Bank of Tuscaloosa, Tuscaloosa,
Alabama.
Chicago
Bank One, Sturgis, Sturgis, Michigan — to establish
a branch at 114 W. Chicago Road, White Pigeon,
Michigan.
Chicago
Bank One, Sturgis, Sturgis, Michigan — investment in
bank premises.
Chicago
Commercial Bank, Greenville, Michigan — extension to
September 8, 1988, to establish a branch in the
5800 block of South Greenville Road.
Chicago
First of America Bank - Straits Area, Cheybogan,
Michigan — extension to April 10, 1988, to
relocate a branch to 992 South Main Street, from
1116 East State Street.
H. 2-10
(cont'd)
Chicago
First of America Bank - Straits Area, Cheboygan,
Michigan — to invest in bank premises.
Chicago
R & J Financial Corporation, Inc., Elma, Iowa — to
engage in general insurance activities.
Chicago
State Bancshares, Inc., Schaller, Iowa — to engage
de novo in discount brokerage.
Chicago
Midlothian State Bank Employees Stock Ownership
Trust, Midlothian, Illinois — extension to
June 28, 1988, to acquire Midlothian State Bank.
Chicago
Spring Bancorp, Inc., Springfield, Illinois —
extension to June 13, 1988, to acquire Bank of
Springfield.
Chicago
Associated Banc - Group, Green Bay, Wisconsin —
extension to May 30, 1988, to acquire Valders
Banoorporation, Valders, Wisconsin, and Valders
State Bank.
Chicago
Associated Acquisition Corporation, Green Bay,
Wisconsin — extension to May 30, 1988, to acquire
Valders Bancorporation, Valders, Wisconsin, and
Valders State Bank.
Chicago
First Cicero Banc Corporation, Oak Brook, Illinois —
extension to June 15, 1988, to acquire First Harvey
Banc Corporation, and First National Bank in
Harvey, Harvey, Illinois; and La Grange Park Banc
Corporation, Oak Brook, Illinois, and Bank of
LaGrange Park, La Grange Park, Illinois.
St. Louis
Schuyler County State Bank, Lancaster, Missouri,
proposed merger with First Security Bank — report
to the Federal Deposit Insurance Corporation on
competitive factors.
St. Louis
The Peoples National Bank of Grayville, Grayville,
Illinois, proposed merger with Grayville Interim,
National Association — report to the Comptroller
of the Currency on competitive factors.
St. Louis
Security State Bancshares, Inc., Charleston, Missouri
— extension to April 3, 1988, to acquire First
Security State Bank; and The National Bank of
Caruthersville, Caruthersville, Missouri.
H. 2-10
(cont'd)
St. Louis
CoirmerceAmerica Banking Company, Jeffersonville,
Indiana — to withdraw from membership in the
Federal Reserve System.
St. Louis
First Commercial Corporation, Little Rock, Arkansas
— to engage in loan, insurance, and leasing
activities through First Commercial Finance
Corporation, Little Rock, Arkansas.
St. Louis
Elliott State Bank, Jacksonville, Illinois — payment
of a dividend.
St. Louis
Bank of Cadiz and Trust Company, Cadiz, Kentucky,
proposed merger with Cadiz Acquisition Bank, Inc.
— report to the Federal Deposit Insurance
Corporation on competitive factors.
St. Louis
First Citizens Bancshares, Inc., Dyersburg, Tennessee
— change in bank control.
St. Louis
Farmers Bancshares, Inc., Valmeyer, Illinois — to
acquire State Bank of Breese, Breese, Illinois.
St. Louis
First Tennessee National Corporation, Memphis,
Tennessee — to engage de novo in data processing
through Gulfnet, Inc., New Orleans, Louisiana.
Minneapolis
First Financial Services of Moose Lake, Inc., Moose
Lake, Minnesota — to acquire First National Bank
of Moose Lake; and First National Agency of Moose
Lake, Inc..
Minneapolis
Mondovi State Bank, Mondovi, Wisconsin, proposed
merger with First National Bank of Mondovi —
report to the Federal Deposit Insurance Corporation
on competitive factors.
Kansas City
The Eaton Bank, Eaton, Colorado — payment of a
dividend.
Kansas City
First National Corporation of Ardmore, Inc., Ardmore,
Oklahoma — change in bank control.
Kansas City
First National Corporation of Ardmore, Inc., Ardmore,
Oklahoma — redemption of shares.
Dallas
McCamey Financial Corporation, McCamey, Texas —
extension to June 1, 1988, to acquire Security
State Bank.
H. 2-10
(cont'd)
Dallas
Security Bank F.M. Bank Shares, Flower Mound, Texas
— to acquire Security Bank.
San Francisco
BankAmerica Corporation, San Francisco, California —
extension to March 5, 1989, to divest certain
property.
San Francisco
Banque Nationale de Paris, Paris, France — to engage
de novo in commercial finance and leasing
activities through BNP Leasing Corporation, Dallas,
Texas.
San Francisco
Puget Sound National Bank, Tacoma, Washington,
proposed purchase of assets and assumption of
liabilities of three branches (Aurora, Bremerton,
and North Tacoma Mall) of Puget Sound Savings Bank,
Seattle, Washington — report to the Comptroller of
the Currency on competitive factors.
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
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
Application
Comment Period Ending Date
Peoples Heritage Financial
Newspaper
Group, Inc., Portland, Maine
- 3(a)(3) application to
Federal Register
acquire Peoples Heritage
Savings Bank, Portland, Maine*
03-22-88
The Boston Bancorp, Boston,
Massachusetts - 3(a)(1)
application to register
as a bank holding company
through the retention of
South Boston Savings Bank,
South Boston, Massachusetts*
Newspaper
03-28-88
Cheshire Financial
Corporation, Keene,
New Hampshire - 3(a)(3)
application to acquire
The Monadnock Bank,
Jeffrey, New Hampshire*
Newspaper
Federal Register
Federal Register
03-23-88
Not Yet Established
03-23-88
Not Yet Established
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application
Comment Period Ending Date
Bank of Boston Corporation,
Federal Register
Boston, Massachusetts - 4(c)(8)
application to engage d£ novo
in underwriting and dealing in
certain bank eligible and
ineligible securities through
BancBoston Securities, Inc.
Not Yet Established
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
First Essex Bancorp, Inc., Lawrence,
Massachusetts - section 225.4(b)
notification for the redemption of shares
‘Subject to
CRA.
Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
_________ Notice Only________
Manufacturers Hanover Trust Company, New York,
New York to establish a branch at 419 Central
Avenue, Cedarhurst, New York. 1/
3/20/88
Chemical Bank, New York, New York to establish
branches at Merrill Lynch & Co., Inc., 2 Broadway
and 570 Washington Street, both in New York,
New York. 1/
3/24/88
European American Bank, New York, New York to
establish a branch at 6626 Metropolitan Avenue,
Middle Village, New York. 1/
3/30/88
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Eastcorp Inc., New York, New York to become a
bank holding company with respect to Eastbank, N.A.,
New York, New York. 1/
3/16/88 2/
Montgomery Bancorp, Rocky Hill, New Jersey to become
a bank holding company with respect to Montgomery
National Bank, Rocky Hill, New Jersey. 1/
3/25/88 2/
Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Federal Reserve Bnak of New York
SECTION III
Noribanking implications
(Subject to Federal Register Notice Only)
Chemical New York Corporation, New York, New York
to execute and clear municipal bond index futures
contracts.
3/25/88
The Chase Manhattan Corporation, New York, New York
to engage through Chase Manhattan Treasury Corp. in
underwriting commercial paper.
3/25/88
The Chase Manhattan Corporation, New York, New York
to engage through Chase Manhattan Treasury Corp. in
providing full service brokerage to institutional
customers.
3/30/88
SECTION IV
Applications Not Involving
_____ Public Comment_____
Manufacturers Hanover Trust Company, New York, New York
to establish an initial bank in Chile.
FEDERAL
RESERVE BANKOF
PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER UPTICK ONLY
Comment Period Ending Date
Meridian Bank. Reading, Pa requests permission
to establish an offsite electronic banking
facility to be located at the Acme Market,
Starr and Nutt Road, Phoenixville, PA.
3/28/88
Central Bank. Hollidaysburg, PA seeks approval
to establish a branch at Eisenhower Boulevard/
Theater Drive in Richland Township, Johnstown, PA.
4/2/88
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDEBAT. REGISTER NOTICE
Comment Period Ending Date
First Jermvn Corporation. Jermyn, PA. Mr. Peter
Sabia who currently owns more than 10% of the shares
of First Jermyn Corporation seeks approval to acquire
an additional 3 to 5% of the Corporation's shares
pursuant to the Change in Bank Control Act.
Newpaper:
Federal Register:
N/A*
3/23/88
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE
Comment Period Ending Date
Guaranty Bancshares Corporation. Shamokin,
PA seeks approval to acquire Brant Leasing,
Inc., Trevose, PA, pursuant to Section 4(c)(8)
of the Bank Holding Company Act.
3/30/88
First Eastern Corporation. Wilkes-Barre, PA seeks
to expand the geographic scope of the activities
of an existing subsidiary Dolphin & Bradbury, Inc.,
to a nationwide basis.
3/25/88
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None
* N/A denotes not available
Ten Independence Mall, Philadelphia, PA 19106-1574, (215) 574-6000
Page 1 of 1
Cleveland Reserve Bank Applications
For Week Ending March 5, 1988
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Received Section 3(a) (3) application
from Fifth Third Bancorp, Cincinnati,
Ohio, to acquire Security Bank, Inc.,
Covington, Kentucky.
COMMENT PERIOD ELDING
N - March 28, 1988
N - March 25, 1988
Received Change in Bank Control Notice
from Equimark Managing Partners ("the
Partnership"), Pittsburgh, Pennsylvania;
Alan S. Fellheimer and Judith E. Fellheixner,
General Partners of the Pamership, Sewickley
Heights, Pennsylvania; and Prospective
Limited Partners of the Partnership (other
than Alan S. Fellheimer and Judith E.
Fellheimer) to acquire 21.41 percent of
the total shares outstanding of Equimark
Corporation, Pittsburgh, Pennsylvania.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE
N - Newspaper ccnroent period
Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Pate
Signet Bank/Virginia, Richmond, Virginia,
request for permission to establish a branch
at the intersection of East Market Street
and Fort Evans Road, Leesburg, Virginia.
3-28-88
Central Fidelity Bank, Richmond, Virginia,
request for permission to establish a branch
at 10400 Midlothian Turnpike, Richmond,
Virginia.
4-1-88
The Forest Hill State Bank, Forest Hill,
Maryland, for permission to relocate its
main office from 2334 Rock Spring Road,
Forest Hill, Maryland, to 130 South Bond
Street, Bel Air, Maryland, and to operate
a full service branch at the previous main
office.
3-26-88
Signet Bank/Virginia, Richmond, Virginia,
for permission to establish a branch at the
intersection of Route 460 East and King
Street, Roanoke, Virginia.
3-28-88
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
None
Comment Period Ending Date
Federal Reserve Bank of Richmond
Section III - Applications Subject to Federal Register Notice
Application
Comment Period Ending Date
Farmers National Bancorp, Annapolis,
Maryland, to engage de novo in making,
acquiring, and/or servicing loans for
itself or for others of the type made
a mortgage company through its sub
sidiary, Farmers National Mortgage
Corporation, Annapolis, Maryland.
The
activities would be conducted nationwide.
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None
February 29, 1988
Federal Reserve Bank of Atlanta
Applications Bulletin
Section 1 - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Date
Sovran Bank
Chattanooga, Tennessee
To establish a branch at 6951 Lee Highway, Chattanooga,
Tennessee 37421 to be known as Lee Highway Branch.
Federal Reserve Bank of Atlanta
Applications Bulletin
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Governors Bank Corporation
03-16-88
West Palm Beach, Florida
Federal Register
1-BHC formation, Governors Bank, West Palm Beach, Florida.
Community Financial Corporation
03-16-88
Mableton, Georgia
Federal Register
1-BHC formation, Community Bank & Trust Company, Mableton,
Georgia.
First Colony Bancshares, Inc.
03-21-88
Alpharetta, Georgia
Newspaper
1-BHC formation, First Colony Bank, Alpharetta, Georgia.
International City Bank Corp., Inc.
03-11-88
Warner Robins, Georgia
Federal Register
CIC by R. Wayne Lowe to acquire an additional 22.6 percent of the
outstanding shares of common stock, increasing total ownership to
33.1 percent.
Bunkie Bancshares, Inc.
Bunkie, Louisiana
CIC by John A. Boatner, Jr. to retain 28.16 percent
(3,195 shares) of the outstanding shares of common stock.
(After-the-fact).
Chicago Reserve Bank Applications
Section I - Applications Subject to Newspaper
Notice Only
Type
Application
Branch
24A
Grant State Bank (The)
Grant, Michigan
Garfield & Brooks Townships
Newaygo, Michigan
Comment Period
Ending Date
NA
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date
Type
Application
Y-2
F.N. B. C. of La Grange
La Grange, Illinois
Wesco Investment Corporation, La Grange Illinois
West Chicago State Bank
West Chicago, Illinois
3-22-88*
3-23-88**
Y-2
F & M Bancorporation, Inc.
Kaukauna, Wisconsin
PTD Bancorp, Inc.
Potosi, Wisconsin
3-25-88**
Y-2
F & M Merger Corporation
Kaukauna, Wisconsin
PTD Bancorp, Inc.
Potosi, Wisconsin
3-24-88**
Y-l
First Dubuque Corp.
Dubuque, Iowa
Andrew Financial Corp.
Bellevue, Iowa
3-18-88**
Y-2
First of America Bancorporation-Illinois
Libertyville, Illinois
Sheridan Bank of Peoria
Peoria, Illinois
NA
Y-2
First of America Bank Corporation
Kalamazoo, Michigan
Sheridan Bank of Peoria
Peoria, Illinois
NA
Y-l
Waymar Bancorporation
Spirit Lake, Iowa
First Bank and Trust
Spirit Lake, Iowa
NA
Section. II - Applications Subject to Both
Newspaper and Federal Register Notice
Continued
Type
Y-2
Y-2
Application
Comment Period
Ending Date
Banks of Iowa, Inc.
Des Moines, Iowa
United Bank & Trust
Ames, Iowa
NA
Lincoln Financial Corporation
Fort Wayne, Indiana
Rush County National Corporation
Rushville, Indiana
Rush County National Bank of Rushville
Rushville, Indiana
NA
Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date
Type
Application
4c8
CSB, Inc.
Chesteron, Indiana
Indiana Benefit Insurance Company
4c8
Midwest Financial Group, Inc.
Peoria, Illinois
Midwest Financial Mortgage Banking Company
Peoria, Illinois
NA
Y-4
Prairieland Bancorp, Inc.
Bushnell, Illinois
Prairieland Accounting and Tax Service
Bushnell, Illinois
NA
♦Newspaper
♦♦Federal Register
N/A - Not available at this time
3-23-88**
Federal Reserve Bank of St. Louis
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
Comment Period Ending Date
♦Section 3(a)(1) application by
Phelps County Bank Employee
Stock Ownership Plan, Rolla, Missouri,
to acquire 35 percent of Phelps
County Bancshares, Inc., Rolla, Missouri
(Not Available)
SECTION III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Application
Comment Period Ending Date
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
Stock Redemption notification by Cabot
Bankshares, Inc., Cabot, Arkansas
♦This application is subject to CRA
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
Thomas Grasse, Diane Bricco, Larry
Gentine, Schabo Materials, Inc,,
C. Reed Harvey, Michael Harvey,
Anthony Jovanovich, Larry LeMahieu,
Walter Miller, Jr., D. Tod Pauly,
Charles Rohde, Larry Van Akkeven,
Gordon Veldbloom, and the Van Der Jagts,
a partnership., to acquire control of
100% of Cameron Investment Company, Inc.,
Cameron, Wisconsin.
3-21
(Federal Register)
Lawrence 0. Hauge
To directly and indirectly acquire
control of an additional 92.2% of
Henderson Bancorporation, Inc.,
Henderson, MN.
Section III - Applications Subject
to Federal Register Notice Only
Application
Bank Shares Incorporated
Minneapolis, MN
To engage de novo in making,
acquiring or servicing loans
for itself or for others. The
activity will be conducted
nationwide.
Comment Period
Ending Date
3-25
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
APPLICATION
COMMENT PERIOD ENDING DATE
None.
SECTION II ~ APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
COMMENT PERIOD ENDING DATE
First Alma Bancshares, Inc./ Alma/
Kansas, for prior approval to
become a bank holding company
through the acquisition of 81.6
percent of the voting shares of The
First National Bank of Alma, Alma,
Kansas.*
Not Available
John Herbin, Inc., Jamestown,
Kansas, for prior approval to
acquire 17 percent of the voting
shares of The Jamestown State Bank,
Jamestown, Kansas.*
Not Available
Michael W. Cahoone and Sharon L.
Cahoone, Cottonwood Falls, Kansas,
for prior approval to increase
their proportionate ownership of
Elmdale Bancshares, Inc., Elmdale,
Kansas, by 38.38 percent to 44.53
percent.
Not Available
Edward Birckhead, Dubois, Wyoming,
for approval to retain 12.58
percent of Riverton State Bank
Holding Company, Riverton, Wyoming.
Not Available
Donald A. Sloan, Atwood, Kansas,
for prior approval to increase his
proportionate ownership of Rawlins
Bancshares, Inc., Atwood, Kansas,
by 28.12 percent to 51.21 percent.
Not Available
Community Bancshares of Alva, Inc.,
Alva, Oklahoma, for prior approval
to become a bank holding company
through the acquisition of 82
percent of the voting shares of
Community National Bank, Alva,
Oklahoma.*
March 25, 1988
L. C. Neel, Bixby, Oklahoma, for
prior approval to increase his
proportionate ownership of American
National Bancshares, Inc., Baxter
Springs, Kansas, by 14.10 percent
to 28.68 percent; Marc B. Wolin,
Baxter Springs, Kansas, for prior
approval to increase his
proportionate ownership by .60
percent to 7.98 percent; and Frank
B. Sanders, Oologa, Oklahoma, for
prior approval to acquire 14.09
percent of American National
Bancshares, Inc.
March 21, 1988
Alan W. Rolley, Topeka, Kansas,
for prior approval to increase his
proportionate ownership of North
Plaza Bancshares, Inc., Topeka,
Kansas, by 5.30 percent to 28.19
percent.
March 21, 1988
Jerry G. Scott, Seminole, Oklahoma,
and James N. Wall, Seminole,
Oklahoma, for prior approval to
increase their proportionate
ownership of Prague Bancorp, Inc.,
Prague, Oklahoma, by 1.2 percent to
24.7 percent each.
March 23, 1988
Christian Kirkpatrick Keesee, John
E. Kirkpatrick, and Eleanor B.
Kirkpatrick, Oklahoma City,
Oklahoma, for prior approval to
acquire 29.58 percent of American
Bancorp of Edmond, Inc., Edmond,
Oklahoma.
March 21, 1988
SECTION III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
Independence Financial Corporation
Bellevue, Nebraska, for prior
approval to engage in making,
acquiring, and/or servicing loans
for itself or for others of the
type made by a mortgage company,
consumer finance company, credit
card company, commerce finance
company, and factoring company,
through Standard State Mortgage
Company, Independence, Missouri.
Not Available
Gracemont Bankcorporation, Inc.,
Gracemont, Oklahoma, for approval
to engage in selling credit life,
disability, or involuntary
unemployment insurance.
March 23, 1988
Citadel Bankshares, Inc., Wichita,
Kansas, for prior approval to
engage in providing to others
financially related data processing
and data transmission services,
facilities, and data bases; or
access to them.
March 25, 1988
SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
♦Application is subject to CRA
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF 88/02/29
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
NONE
NOTICE EXP
i
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE *
APPLICATION
FORD BANK GROUP, INC., LUBBOCK, TX 3(A)(3)
BANK OF THE WEST, LUBBOCK, TX
SECURITY BANK F. M. BANK SHARES, FLOWER MOUND, TX 3(A)(1)
SECURITY BANK, FLOWER MOUND, TX-(DE NOVO)
(UNDER EMERGENCY PROVISIONS)
NOTICE EXP
88/04/02
N/A
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
(NOT SUBJECT TO CRA)
APPLICATION
NONE
SECTION IV - NOTICES UNDER THE CHANGE IN BANK CONTROL ACT SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE (NOT SUBJECT TO CRA) *
NOTICE
NOTICE EXP
NONE
* EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
PGM: DHCLRMH2
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 3/04/88
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
Napa Valley Bancorp, Napa, California,
to acquire 100 percent of Bank of Lake
County, N.A., Lakeport, California (In
Organization).
Newspaper:
Not available
Fed. Reg.:
Not available
Section III - Applications Subject to Federal Register Notice Only
The Sanwa Bank, Limited, Osaka, Japan,
to acquire at least 80 percent of
Brophy, Gestal, Knight & Co., L.P.,
New York, New York, a primary security
dealer.
Fed. Reg.:
Not yet published
Landmark Bancorp, La Habra, California,
to engage de novo in mortgage services
through its wholly-owned subsidiary,
Excel mark Mortgage Services, Inc.,
La Habra, California.
Fed. Reg.:
Not available
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
****
@FedFRASER