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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1987, No. 10 Applications and Reports Received During the Week Ending March 7, 1987 ACTIONS OF THE BOARD Boston BayBank Connecticut, National Association, Farmington, Connecticut and BayBank Valley Trust Company, Springfield, Massachusetts — proposed purchase of assets and assumption of liabilities of ten offices of Northeast Savings, F.A., Hartford, Connecticut — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ New York The National Bank and Trust Company of Norwich, Norwich, New York — proposed merger with Central National Bank, Canajoharie, New York — report to the Comptroller of the Currency on competitive factors. 1/ New York Norstar Bancorp Inc., Albany, New York — extension to April 30, 1987, to acquire Peconic Bancshares, Inc., Riverhead, New York. 1/ Cleveland Huntington Bancshares Incorporated, Columbus, Ohio — extension to March 31, 1987, to engage de novo in certain activities through Huntington Mortgage Company, Columbus, Ohio. 1/ Atlanta ASB Bancshares, Inc., Ashville, Alabama — extension to May 11, 1987, to acquire Ashville Savings Bank. 1/ Atlanta Barnett Banks of Florida, Inc., Jacksonville, Florida — extension to April 29, 1987, to engage in mortgage redemption insurance activities through Barnett Banks Insurance, Inc. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. 2 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued Atlanta Cullman Bancshares, Inc., Cullman, Alabama — extension to May 20, 1987, to acquire Peoples Bank of Cullman County. 1/ Chicago Marine Bank of Springfield, Illinois — extension to May 31, 1987, to establish a branch at Koke Mill Subdivision, Veterans Parkway and Greenbrier Road. 1/ Chicago Marine Bank of Springfield, Springfield, Illinois — investment in bank premises. 1/ Chicago FirstMil Bank, Milwaukee, Wisconsin — investment in bank premises. 1/ Chicago Apple River State Bank, Apple River, Illinois — proposed merger with ARSB Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Chicago The Archer National Bank of Chicago, Chicago, Illinois — proposed merger with New Archer Bank — report to the Comptroller of the Currency on competitive factors. 1/ Chicago The District National Bank of Chicago, Chicago, Illinois — proposed merger with New District Bank, Chicago, Illinois — report to the Comptroller of the Currency on competitive factors. 1/ Chicago The Grundy National Bank of Grundy Center, Grundy Center, Iowa — proposed purchase of assets and assumption of liabilities of Hawkeye Bank and Trust — report to the Comptroller of the Currency on competitive factors. 1/ Chicago Starke County Bancorp, Inc., Toulon, Illinois — extension to May 28, 1987, to acquire State Bank of Toulon. 1/ St. Louis The Farmers National Bank of Princeton, Princeton, Indiana — proposed merger with Princeton Interim Bank, N.A., — report to the Comptroller of the Currency on competitive factors. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. 3 H.2, 1987, No 10 ACTIONS OF THE BOARD - Continued St. Louis Tri-County First Financial Bank, Sikeston, Missouri -- proposed merger with Tri-County First Financial Bank of Scott County, Scott City, Missouri and Oran State Bank, Oran, Missouri — report to the Federal Deposit Insurance Corporation on competitive factors. 1 / St. Louis Teutopolis State Bank, Teutopolis, Illinois — investment in bank premises. 1/ Kansas City First Bank of Gladstone, Gladstone, Missouri — proposed purchase of assets and assumption of liabilities of the Antioch branch of Citizens Bank & Trust Co., Smithville, Missouri — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Kansas City R & C Bancorp, Inc., Oklahoma City, Oklahoma — extension to June 1, 1987, to acquire Rockwell Bank, N.A., and Choctaw Bancorp, Inc., Choctaw, Oklahoma. 1/ Dallas New City Bank, Whitehouse, Texas — proposed merger with City National Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Dallas Hub Financial Corporation, Lubbock, Texas — extension to June 5, 1987, to acquire City Bank, N.A. 1/ San Francisco Security Pacific Corporation, Los Angeles, California — extension to divest certain property. 1/ San Francisco Wells Fargo & Company, San Francisco, California — extension to dispose of certain property. 1/ San Francisco Torrey Pines Bank, Solana Beach, California — proposed purchase of assets and assumption of liabilities of the Rancho Santa Fe Branch of Glendale Federal Savings and Loan Association, Glendale, California — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. 4 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued San Francisco Pacific Bank, N.A., San Francisco, California — proposed purchase of assets and assumption of liabilities of the San Francisco (Montgomery Street Branch) of Union Bank, Los Angeles, California — report to the Comptroller of the Currency on competitive factors. 1/ San Francisco Pacific Rim National Bank, Los Angeles, California — proposed merger with California Pacific National Bank — report to the Comptroller of the Currency on competitive factors. 1/ * * * * * To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Approved New York Chemical Bank, New York, New York — to establish a branch office at The Hospital for Special Surgery, 535 East 70 Street, New York, New York. 1/ (3/4/87) New York Chemical Bank, New York, New York — to establish a branch office at Yeshiva University, 500 West 185 Street, New York, New York. 1/ (3/2/87) Philadelphia Meridian Bank, Reading, Pennsylvania — to establish an offsite electronic banking facility at the Acme Markets, Old Dublin Pike and Main Street, Doylestown, Pennsylvania. 1/ (3/4/87) Chicago Chesterton State Bank, Chesterton, Indiana — to establish a branch office at 1209 Calumet Road, Valparaiso, Indiana. 1/ (3/3/87) Chicago Chemical Bank and Trust Company, Midland, Michigan — to establish an EFT at campus of Northwood Institute, 3225 Cook Road, Midland, Michigan. 1/ (3/6/87) * * * * * 1/ Application processed on behalf of the Board of Governors under delegated authority. 5 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Dallas First State Bank of Mineral Wells, Mineral Wells, Texas. 1/ (3/6/87) * * * * * To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Approved Minneapolis Farmers State Bank of West Concord, West Concord, Minnesota — to merge with First National Bank, West Concord, Minnesota. 1/ (3/5/87) * * * * * Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9), 4(c)(13) and 4(c)(14) of the Bank Holding Company Act of 1956, as amended Approved San Francisco First Pacific Investments Limited, Monrovia, Liberia, and First Pacific Holdings Limited, Hong Kong, no objection to acquire 100 percent of the outstanding shares of The Hong Nin Bank, Limited, Hong Kong. (3/2/87) * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Withdrawn Dallas 1/ Lindale National Bancshares, Inc., Lindale, Texas -- for approval to acquire 100 percent of the voting shares of Lindale National Bank, Lindale, Texas. (3/2/87) Application processed on behalf of the Board of Governors under delegated authority. 6 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued San Francisco Sequoia Bancorp, San Francisco, California — for approval to acquire 100 percent of the voting shares of Sequoia National Bank, San Francisco, California. (3/3/87) Returned Atlanta Putnam-Greene Financial Corporation, Eatonton, Georgia — for approval to acquire 80 percent of the voting shares of The Farmers Bank, Union Point, Georgia. (1/20/87) Chicago The Citizens State Corporation, Williamsport, Indiana — for approval to acquire 100 percent of the voting shares of The Citizens State Bank, Williamsport, Indiana. (3/5/87) San Francisco CORRECTION: IB Holdings, N.V., Curacao, Netherlands — for approval to acquire 100 percent of the voting shares of Independence Bank, Encino, California , should have appeared in H.2 #49 for the week ending December 5, 1986 (1 2 / 5 / 8 6 ) Approved Boston Damariscotta Bankshares, Inc., Damariscotta, Maine — for approval to acquire 100 percent of the voting shares of Damariscotta Bank and Trust Company, Damariscotta, Maine. 1/ (3/4/87) Boston Old Town Bancshares Corp., Abington, Massachusetts — for approval to acquire 100 percent of the voting shares of The Abington National Bank, Abington, Massachusetts. 1/ (3/6/87) Atlanta Pontchartrain Bancshares, Inc., Metairie, Louisiana — for approval to acquire 100 percent of the voting shares of Pontchartrain State Bank, Metairie, Louisiana. 1/ (3/4/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. 7 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued Chicago First Bancorp, Inc., Yates City, Illinois — for approval to acquire 80 percent or more of Bank of Yates City, Yates City, Illinois. 1/ (3/4/87) Chicago First Dolton Corp., Dolton, Illinois — for approval to acquire 97.5 percent of the voting shares of The First National Bank in Dolton, Dolton, Illinois. 1/ (3/6/87) St. Louis BMC Bancshares, Inc., Mt. Carmel, Illinois — for approval to acquire 100 percent of the voting shares of Bank of Mt. Carmel, Mt. Carmel, Illinois. 1/ (3/6/87) St. Louis First Centre Bancshares, Inc., Camdenton, Missouri — for approval to acquire 100 percent of the voting shares of First Bank Centre, Osage Beach, Missouri, a proposed new bank. 1/ (3/3/87) Minneapolis Waseca Bancshares, Inc., Waseca, Minnesota — for approval to acquire 100 percent of the voting shares of First State Bank of Waseca, Waseca, Minnesota. 1/ (3/6/87) Dallas CBSS Bancshares, Inc., Crosby, Texas — for approval to acquire 100 percent of the voting shares of First National Bank of Crosby, Crosby, Texas 1/ (2/26/87) To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Approved Philadelphia 1/ National Penn Bancshares, Inc., Boyertown, Pennsylvania — for approval to acquire 20 percent of the voting shares of Penncore Financial Services Corporation, Camp Hill, Pennsylvania and indirectly Commonwealth State Bank, Newtown, Pennsylvania. 1/ (3/6/87) Application processed on behalf of the Board of Governors under delegated authority. 8 H.2, 1987, No 10 ACTIONS OF THE BOARD - Continued Cleveland Banc One Corporation, Columbus, Ohio — for approval to acquire 11.9 percent of the PTC Financial Corp., Peru, Indiana and indirectly The Peru Trust Company, Peru, Indiana. 1/ (3/4/87) Atlanta Central Bancshares of the South, Inc., Birmingham, Alabama — for approval to acquire CBSS Bancshares, Inc., Crosby, Texas and indirectly First National Bank of Crosby, Crosby, Texas. 1/ (2/26/87) Chicago First Chicago Corporation, Chicago, Illinois and American National Corporation, Chicago, Illinois — for approval to acquire 0.1 percent of the voting shares of Suburban Trust and Savings Bank, Oak Park, Illinois. 1/ (3/5/87) Chicago First Southeast Banking Corp., Darien, Wisconsin — ■ for approval to acquire 97.7 percent of the voting shares of Bank of Milwaukee, Milwaukee, Wisconsin. 1/ (3/6/87) Kansas City First Okmulgee Corporation, Okmulgee, Oklahoma — for approval to acquire 9.7 percent of the voting shares of United Bancshares, Inc., Tulsa, Oklahoma and indirectly United Bank, Tulsa, Oklahoma. (3/3/87) Kansas City First Okmulgee Corporation, Okmulgee, Oklahoma — for approval to acquire 9.7 percent of the voting shares of Fourth National Corporation, Tulsa, Oklahoma, and indirectly Fourth National Bank, Tulsa, Oklahoma. 1/ (3/3/87) San Francisco Imperial Bancorp, Inglewood, California — for approval to acquire 100 percent of the voting shares of National Bank of Arizona, Scottsdale, Arizona. (3/2/87) 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. 9 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Approved Cleveland Banc One Corporation, Columbus, Ohio -- for approval to merge with Charter 17 Bancorp, Inc., Richmond, Indiana and indirectly acquire First National Bank of Richmond, Richmond, Indiana. 1/ (3/4/87) Chicago Merchants National Corporation, Indianapolis, Indiana — for approval to merge with Fayette Bancorp, Connersville, Indiana; and indirectly acquire Fayette Bank and Trust Company, Connersville, Indiana. 1/ (3/3/87) * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Returned Chicago Illini Community Bancorp, Inc., Springfield, Illinois — to engage de novo (providing management consulting servicies to depository insitutions) through its subsidiary. 3/ (3/2/87) Chicago Illini Community Bancorp, Inc., Springfield, Illinois — 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, Illini Community Mortgage Co., Springfield, Illinois. 3/ (2/26/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. 10 H.2, 1987, No 10 ACTIONS OP THE BOARD - Continued Approved New York BankAmerica Corporation, San Francisco, California, Bankers Trust New York Corporation, New York, New York; The Chase Manhattan Corporation, New York, New York; Chemical New York Corporation, New York, New York; Citicorp, New York, New York; Continental Illinois Corporation, Chicago, Illinois; First Chicago Corporation, Chicago, Illinois; First Interstate Bancorp, Los Angeles, California; The Hong Kong and Shanghai Banking Corporation, Hong Kong; Kellett N.V. Curaco, Amsterdam, The Netherlands; Marine Midland Banks, Inc., Buffalo, New York; Irving Bank Corporation, New York, New York; Manufacturers Hanover Corporation, New York, New York; Midland Bank PLC, London, England; J.P. Morgan & Co., Incorporated, New York, New York; and Westpac Banking Corporation, Sydney, Australia for approval to acquire voting shares of Liberty Brokerage, Inc., New York, New York. (3/4/87) Richmond Maryland National Corporation, Baltimore, Maryland — for approval to acquire C.M. Brown & Company, Inc., Springfield, New Jersey. 1/ (3/3/87) Kansas City First Okmulgee Corporation, Okmulgee, Oklahoma — for approval to acquire Fourth Investment Advisors, Inc., a company that engages in financial or investment advisory activities. 1/ (3/4/87) Kansas City First Okmulgee Corporation, Okmulgee, Oklahoma — for approval to acquire Fourth National Corporation, Tulsa, Oklahoma and thereby engaging in making, acquiring and servicing loans as would be conducted by a commercial finance company. 1/ (3/3/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. 11 H.2, 1987, No. 10 ACTIONS OF THE BOARD - Continued Kansas City First-Okmulgee Corporation, Okmulgee, Oklahoma — for approval to acquire Diversified Mortgage and Investment Company, a company that engages in mortgage banking activities. 1/ (3/3/87) * * * * * Permitted Atlanta CB&T Bancshares, Inc., Columbus, Georgia — to engage de novo (providing portfolio investment advice to any person) through its subsidiary, Calumet Investors Advisors, Inc., Columbus, Georgia. 3/ (3/6/87) St. Louis DBT Frnancial Corporation, Dewitt, Arkansas — to engage de novo (engaging in insurance agency activities in a town of less than 5,000 persons) through its subsidiary, DeWitt Bank and Trust Insurance, Inc., DeWitt, Arkansas. 3/ (3/6/87) Kansas City Clearwater Home State Bancshares, Inc., Clearwater, Kansas — to engage de novo (selling credit life, disability, or involuntary unemployment insurance; selling property insurance on an extension of credit of less than $10 thousand by a finance company; discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, Home Financial Corp., Wichita, Kansas. 3/ (3/6/87) San Francisco Fidelity Bancorp, Scottsdale, Arizona — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company; credit card company) through a yet-to-be named subsidiary. 3/ (3/1/87) \J . 1/ Application processed on behalf of the Board of Governors under delegated authority. 3/ Notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. 12 H.2, 1987, No. 10 ACTIONS OP THE BOARD - Continued * * * * * Redemption of Shares Approved Kansas City Fourth National Corporation, Tulsa, Oklahoma. 1/ (3/5/87) Dallas Fort Worth Bancshares, Inc., Fort Worth, Texas. 1/ (3/6/87) * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 Approved Minneapolis Chicago Bancorporation, Inc., Chicago City, Minnesota. 1/ (3/3/87) Kansas City Columbine Bankshares, Ltd., Littleton, Colorado. 1/ (3/6/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. 3/ Notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. 13 H.2, 1987, No. 10 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received New York Commerzbank, Frankfurt, Germany — to establish an out-of home state branch in Los Angeles, California. 2/ New York National Westminster Bank, London, England — to establish and operate a limited state branch in the Commonwealth of Massachusetts. 2/ Philadelphia Meridian Bank, Reading, Pennsylvania — to establish an offsite electronic banking facility at the AT&T Technology Systems Center, 2525 North 12th Street, Reading, Muhlenberg Township, Berks County, Pennsylvania. 2/ Cleveland The Citizens Savings Bank Company, Pemberville, Ohio — to establish a branch at 102 West Crocker Road, Bradner, Ohio. 2/ Dallas Application received for permission to establish and use a branch office from Texas Capital Bank-Richmond, Richmond, Texas, Katy, Texas. 2/ San Francisco Simi Valley Bank, Simi Valley, California — to establish a branch office in the vicinity of the Wood Ranch Golf Club located at 301 Wood Ranch Parkway, City of Simi Valley, County of Ventura, California. 2/ To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Received Atlanta Emerald Coast State Bank, Mary Esther, Florida, a proposed new bank. 2/ Atlanta Independent Bank of Ocala, Ocala, Florida, a proposed new bank. 2/ * * * * * 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. 14 H.2, 1987 , No. 10 APPLICATIONS RECEIVED - Continued To Merge Pursuant to Section 18(c) of the Pederal Deposit Insurance Act Received Dallas Bank of the Trinity, N.A., Liberty, Texas — to merge with Hull State Bank, Hull, Texas. 2 / Dallas New City Bank, Whitehouse, Texas — to merge with City National Bank, Whitehouse, Texas. 2/ Dallas Texas Capital Bank-Katy, N.A., Katy, Texas — to merge with Texas Capital Bank-Richmond, Richmond, Texas. 2/ Dallas Texas Commerce Bank-River Oaks, N.A., Houston, Texas — to merge with Texas Commerce Bank, N.A., Houston, Texas. 2/ * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Received Philadelphia Citizens & Northern Corporation, Ralston, Pennsylvania — for approval to acquire 100 percent of the voting shares of Citizens & Northern Bank, Ralston, Pennsylvania. 2/ Philadelphia Dime Financial Corp., West Chester, Pennsylvania — for approval to acquire 100 percent of the voting shares of The Dime Savings Bank of Chester County, West Chester, Pennsylvania. 2/ Atlanta MGeorgia Bankshares, Inc., Hawkinsville, Georgia — for approval to acquire The Pulaski Banking Company, Hawkinsville, Georgia. 2/ Atlanta Putnam-Greene Financial Corporation, Eatonton, Georgia — for approval to acquire 51 percent of the voting shares of The Farmers Bank, Union Point, Georgia, and The Farmers and Merchants Bank, Eatonton, Georgia. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. 15 H.2, 1987, Mo 10 APPLICATIONS RECEIVED - Continued Chicago Greater Chicago Financial Corp., Chicago, Illinois — for approval to acquire 100 percent of the voting shares of Austin Bank of Chicago, Chicago, Illinois. 2/ St. Louis Fayette County Bancshares, Inc., St. Elmo, Illinois — *for approval to acquire at least 84.83 percent of the voting shares of Fayette County Bank, St. Elmo, Illinois. 2/ St. Louis West Tennessee Bancorp., Inc., Lexington, Tennessee — for approval to acquire at least 86.36 percent of the voting shares of Henderson County Bank, Lexington, Tennessee. 2/ Minneapolis FNB Bancshares, Inc., Blue Earth, Minnesota — for approval to acquire 100 percent of the voting shares of The First National Bank of Blue Earth, Blue Earth, Minnesota. 2/ Minneapolis McIntosh County Bank Holding Company, Inc., Ashley, North Dakota — for approval to acquire 10 0 percent of the voting shares of McIntosh County Bank, Ashley, North Dakota. 2/ Minneapolis State Bank of Lake Elmo Employee Stock Ownership Plan and Trust, Lake Elmo, Minnesota — for approval to acquire 45.3 percent of the voting shares of Lake Elmo Bancorp., Inc., Lake Elmo, Minnesota and indirectly State Bank of Lake Elmo, Lake Elmo, Minnesota. 2/ Dallas First Richmark, Bancshares, Inc., Houston, Texas — for approval to acquire 100 percent of the voting shares of Richmark Bancshares, Inc., Houston, Texas and indirectly Spring Woods Bank, Houston, Texas and Richmark Bank, N.A., Houston, Texas. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. 16 H.2, 1987, No. 10 APPLICATIONS RECEIVED - Continued * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Received Boston Hartford National Corporation, Hartford, Connecticut — for approval to acquire 100 percent of the voting shares of the stock savings bank successor to Savings and Loan Association of Southington, Inc., Southington, Connecticut. 2/ Richmond First Union Corporation, Charlotte, North Carolina and First Union Corporation of Florida, Jacksonville, Florida — for approval to acquire 100 percent of the voting shares of First North Port Bancorp, North Port, Florida and indirectly North Port Bank, North Port, Florida. 2/ Richmond First Virginia Banks, Inc., Falls Church, Virginia — for approval to acquire Tri-City Bancorp, Inc., Blountville, Tennessee, and indirectly Tri-City Bank & Trust Company. 2/ Atlanta SunTrust Banks, Inc., Atlanta, Georgia and Sun Banks, Inc., Orlando, Florida — for approval to acquire 15 percent of the voting shares of Florida West Coast Banks, Inc., Venice, Florida and indirectly First National Bank of Venice, Venice, Florida. 2/ Chicago Alliance Financial Corp., Dearborn, Michigan — for approval to acquire 100 percent of the voting shares of Michigan Bank-Huron, East Tawas, Michigan. 2/ Chicago Citizens Banking Corporation, Flint, Michigan — for approval to acquire Commercial National Bank of Berwyn, Berwyn, Illinois. 2/ Chicago Manteno Bancshares, Inc., Manteno, Illinois — for approval to acquire 100 percent of the voting shares of First Midwest Bank, Bradley, Illinois. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period, 17 H.2, 1987, No. 10 APPLICATIONS RECEIVED - Continued St. Louis Community Bancorp, Inc., Manchester, Missouri — for approval to acquire at least 51 percent of the voting shares of First National Bank of Pittsfield, Pittsfield, Illinois through First Banks, Inc., Creve Coeur, Illinois. 2/ St. Louis First Banks, Inc., Manchester, Missouri — for approval to acquire at least 51 percent of the voting shares of The First National Bank of Pittsfield, Pittsfield, Illinois. 2/ St. Louis Mercantile Bancorporation, Inc., St. Louis, Missouri — for approval to acquire 100 percent of the voting shares of Mercantile Bank of Delaware, New Castle, Delaware. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Received New York National Westminster Bank PLC, London, England and NatWest Holdings, Inc., New York, New York — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a commercial finance company) through its subsidiary County NatWest Capitol Markets, Inc., New York, New York. The activity will be conducted throughout the United States. (3/2/87) Cleveland Banc One Corporation, Columbus, Ohio, — for approval to acquire Worthington Leasing Corporation, Columbus, Ohio. Cleveland CORRECTION: PNC Financial Corp., Pittsburgh, Pennsylvania — to engage de novo through PNC Investment Company, Pittsburgh, Pennsylvania, appeared in H.2. No. 9, for the week ending February 28, as a de novo notification. It should have appeared as a Board case. 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. 18 H.2, 1987, No. 10 APPLICATIONS RECEIVED - Continued Atlanta Golden Summit Corporation, Milton, Florida — to engage de novo (selling credit life, disability, or involuntary unemployment insurance). These activities will be conducted throughout the United States. (3/5/87) Atlanta Independent Bancshares, Red Bay, Alabama — to engage de novo (engaging in insurance agency activities in a town of less than 5,000 persons) through its subsidiary, Bay Independent Insurance Agency, Inc., Red Bay, Alabama. (3/6/87) Chicago Algemene Bank Nederland, N.V., Amsterdam, The Netherlands — for approval to retain Lease Plan U.S.A., Atlanta, Georgia. Kansas City Dean Holbein and Associates, Inc., Lincoln, Nebraska — to engage de novo (engaging in insurance agency activities in a town of less than 5,00 persons) through Security State Agency, Inc., Holbrook, Nebraska. (2/26/87) Dallas Broadway Bancshares, Inc., San Antonio, Texas — to engage de novo (underwriting credit life and disability home mortgage insurance) through its subsidiary, Broadway National Life Insurance Company, San Antonio, Texas. The activity will be conducted throughout the United States. (3/5/87) Dallas Independent Bankers Financial Corporation, Irving, Texas — for approval to acquire T I H Company, Irving, Texas, and thereby engage through T I H's subsidiary, Southland Trust Company, Dallas, Texas in activities of a trust company of a fiduciary, agency or custodial nature. 19 H.2, 1987, No. 10 APPLICATIONS RECEIVED - Continued San Francisco Security Pacific Corporation, Los Angeles, California -- for approval to engage de novo through Security Pacific Securities, Inc., one or more of SPSI's subsidiaries, in underwriting and dealing in municipal revenue bonds eligible for purchase by banks for their own account but not currently eligible for underwriting and dealing by banks; obligations secured by, or representing an interest in, residential real estate; obligations secured by, or representing interest in, consumer loans or receivables; and commercial paper. San Francisco Valley West Bancorp, Eugene, Oregon — 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, Centennial Mortgage Co., Inc., Eugene, Oregon. (3/5/87) * * * * * Application to the Board of Governors of the Federal Reserve System for Prior Approval of an Acquisition Pursuant to Section 5(b) of the Bank Service Corporation Act, as Amended Received Atlanta Southeast Bank, N.A., Miami, Florida — to engage de novo (underwriting home mortgage redemption insurance) through, Southeast Credit Insurance Company, Miami, Florida. (2/25/87) Agreements Filed Pursuant to Section 8 of the Securities Exchange Act of 1934 The Kyowa Bank, Ltd. has filed an agreement with the Federal Reserve Bank of New York (which is authorized to accept such agreements on behalf of the Board of Governors under delegated authority), undertaking to comply with all provisions which relate to the use of credit to finance transactions in securities. 20 H.2, 1987, No. 10 APPLICATIONS RECEIVED - Continued Union Bank of Finland Ltd has filed an agreement with the Federal Reserve Bank of New York (which is authorized to accept such agreements on behalf of the Board of Governors under delegated authority), undertaking to comply with all provisions which relate to the use of credit to finance transactions in securities.