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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1981 No. 20) Actions of the Board; A p p l i c a t i o n s and Reports Received During the Week Ending May 16, 1981 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Letter to the Bank of C a l i f o r n i a , N.A., San Francisco, C a l i f o r n i a , regarding the Board's review of the Money Market Plus account that has been developed by the Bank. Revisions to Regulations D and Q to subject d e p o s i t s of l e s s than $100,000 maintained at foreign o f f i c e s to both Regulat i o n s ; e f f e c t i v e immediately. (Docket No. R-0358) Bos ton F i r s t F i n a n c i a l Corporation, Providence, Rhode I s l a n d , e xte ns i o n of time to August 18, 1981, within which to become a bank holding company through the a c q u i s i t i o n of F i r s t Bank and Trust Company, Providence, Rhode I s l a n d . \f Richmond Piedmont BankGroup Incorporated, M a r t i n s v i l l e , V i r g i n i a , ext e n s i o n of time to September 2, 1981, within which to acquire 100 percent of the v o t i n g shares of the successor by merger to The F i r s t National Bank of Ferrum, Ferrum, V i r g i n i a . JJ At lanta T r i - P a r i s h Bancshares, Ltd. , Eunice, L o u i s i a n a , extension of time to September 7, 1981, within which to become a bank holding company through a c q u i s i t i o n of T r i - P a r i s h Bank and Trust Company, Eunice, L o u i s i a n a . V Dal las Bank of El Paso, El Paso, Texas, issuance of a subordinated c a p i t a l debenture. 1/ Richmond Bank of R i p l e y , Ripley, West V i r g i n i a , investment in bank premises. 1/ Minneapolis Hand County S t a t e Bank, Minner, South Dakota, investment in bank premises. _1/ New York Long Island Trust Company, Garden C i t y , New York, an additional investment in bank premises. If New York Manufacturers and Traders Trust Company, B u f f a l o , New York, an a d d i t i o n a l investment in bank premises. J_/ 1/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. i H.2, 1981 No. 20 - 2 - ACTIONS OF THE BOARD-Cont inued Boston Union Trust Company of E l l s w o r t h , Maine, investment in bank premises. If Kansas City United Bank of Norman, Norman, Oklahoma, investment in bank premises. If New York Bankers Trust Company, New York, e x t e n s i o n of time to August 19, 1982, w i t h i n tdiich to e s t a b l i s h a branch o f f i c e in the B r i t i s h Crown Colony of Hong Kong. \J New York Citibank Overseas Investment Corporation, Wilmington, Delaware, a p p l i c a t i o n to extend the period of i t s corporate e x i s t e n c e to December 21, 2001. If Chicago Wyandotte Savings Bank, Wyandotte, Michigan, e x t e n s i o n of time to August 21, 1981, w i t h i n which to e s t a b l i s h a branch at 3005 Bid die Avenue, Wyandotte, Michigan. J L / Atlanta Barnett Bank of J a c k s o n v i l l e , N.A., J a c k s o n v i l l e , F l o r i d a , proposed merger w i t h Barnett Bank of Orange Park, N . A . , Orange Park, F l o r i d a ; report to the Comptroller of the Currency on competitive f a c t o r s . If Dallas Empire Bank, D a l l a s , Texas, proposed merger with New Empire Bank, D a l l a s , Texas; report to the Federal Deposit Insurance Corporation on c o m p e t i t i v e f a c t o r s . If Atlanta F i r s t National Bank in Palm Beach, F l o r i d a , proposed merger with Reynolds National Bank i n Palm Beach, F l o r i d a ; report to the Comptroller of the Currency on competitive f a c t o r s . JL/ Dallas H i l l c r e s t S t a t e Bank, D a l l a s , Texas, proposal to merge with Texas Commerce - H i l l c r e s t , D a l l a s , Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . If Chicago Midwest Bank, Jackson, Michigan, a p p l i c a t i o n for prior approval to merge with MW Bank, Jackson, Michigan, under the charter of The Midwest Bank, Jackson, Michigan and t i t l e of Michigan Bank - Midwest, Jackson, Michigan; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/ 1/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. I H.2, 1981 No. 20 - 3 ACTIONS OF THE BOARD-Continued Dallas Spring Branch Bank, Houston, Texas, proposal to merge w i t h Katy S t a t e Bank, Houston, Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . V Chicago ZB Bank and Trust Company, Zion, I l l i n o i s , a p p l i c a t i o n for prior approval to merge w i t h Zion S t a t e Bank and Trust Company, Zion, I l l i n o i s , under the charter of ZB Bank and Trust Company, Zion, I l l i n o i s and t i t l e of Zion State Bank and Trust Company, Zion, I l l i n o i s ; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . If 1/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. i - 4 - H 2, 1981 No. 20 ACTIONS OF THE BOARD-Continued To E s t a b l i s h a Domestic Branch Pursuant to S e c t i o n 9 of the Federal Reserve Act New York New York Approved Manufacturers Hanover Trust Company, New York, New York. To e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y at Eastern A i r l i n e s S h u t t l e Terminal B u i l d i n g , Laguardia Airport, Flushing, Queens County, New York. J7 United J e r s e y Bank, Hackensack, New J e r s e y . To e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y at 144 Main S t r e e t , Hackettstown, New J e r s e y . 1/ * * * * * A p p l i c a t i o n s and N o t i f i c a t i o n s for I n t e r n a t i o n a l I n v e s t ments and Other Actions Pursuant to Sections 25 and 25(a) of t h e Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank Holding Company Act of 1956, as amended Boston New York S i x t y Day N o t i f i c a t i o n Period Allowed to Expire I n d u s t r i a l National Corporation, Providence, Rhode Island: no o b j e c t i o n to acquire 15 percent of the outstanding shares of Prodelmex, S.A. , De C.V., P i s o , Mexico. Citibank Overseas Investment Corporation, Wilmington, Delaware: no o b j e c t i o n to i n v e s t , i n d i r e c t l y i n C i t i f i n a n c e Corporation, Makati, Metro Manila, P h i l i p p i n e s , a de novo finance company. * * * * * To E s t a b l i s h a U.S. Branch of an Edge Act Corporation Pursuant t o S e c t i o n 25(a) of the Federal Reserve Act San Francisco 1/ Approved Rainier I n t e r n a t i o n a l Bank, Los Angeles, Los Angeles, C a l i f o r n i a : g r a n t s consent to e s t a b l i s h a branch in Portland, Oregon and a l s o grants consent for Rainier I n t e r n a t i o n a l Bank Los Angeles to amend A r t i c l e F i r s t of i t s A r t i c l e s of A s s o c i a t i o n in order to change i t s corporate name to Rainier I n t e r n a t i o n a l Bank. A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. H.2, 1981 No. 20 ACTIONS OF THE BOARD-Continued To Form a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956 Atlanta Approved F i r s t National Bancorp, G a i n e s v i l l e , Georgia, for approval to acquire 100 percent of the v o t i n g shares of the succesor by c o n s o l i d a t i o n to The F i r s t National Bank of G a i n e s v i l l e , G a i n e s v i l l e , Georgia. V At lanta F i r s t National Bancshares of Eunice, I n c . , Eunice, L o u i s i a n a , f o r approval to acquire at l e a s t 80 percent of t h e v o t i n g shares of F i r s t National Bank of Eunice, Eunice, L o u i s i a n a . 1/ Chicago Bancorp of Mundelein, I n c . , Mundelein, I l l i n o i s , for approval to acquire 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the v o t i n g shares of Bank of Mundelein, Mundelein, I l l i n o i s . 1/ Chicago CB Financial Corporation, Jackson, Michigan, f o r approval to acquire 100 percent of t h e v o t i n g shares ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of the s u c c e s s o r by merger to City Bank and Trust Company, National A s s o c i a t i o n , Jackson, Michigan. II Ch ic ago F i r s t C l a r i o n Bancorporation, Clarion, Iowa, f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of The F i r s t National Bank of C l a r i o n , Clarion, Iowa. If Chicago F i r s t DeKalb Bancshares, I n c . , DeKalb, I l l i n o i s , for approval to acquire at l e a s t 100 percent ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of t h e v o t i n g shares of the successor by merger to F i r s t National Bank in DeKalb, DeKalb, I l l i n o i s . J7 Chicago F i r s t Lincolnwood Corp., Lincolnwood, I l l i n o i s , for approval to acquire 80 percent or more of the v o t i n g shares of F i r s t National Bank of Lincolnwood, Lincolnwood, I l l i n o i s . Chicago F i r s t Shiloh Bancshares, I n c . , Zion, I l l i n o i s , f o r approval to acquire 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the v o t i n g shares of the successor by merger to Zion S t a t e Bank and Trust Company, Zion, I l l i n o i s . 1/ S t . Louis Camden County Bancshares, I n c . , Camdenton, Missouri, f o r approval to acquire 80 percent of the v o t i n g shares of Camden County Bank, Camdenton, Missouri. \J \J A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. H.2, 1981 No. 20 6 - ACTIONS OF THE BOARD-Cont inued S t . Louis Ohio Valley Bancorp., Madison, Indiana, f o r approval to acquire 100 percent of the v o t i n g shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to The Madison Bank and Trust Company, Madison, Indiana. _1/ Minneapolis F i r s t Bank Shares Corporation, Warner, South Dakota, f o r approval to acquire at l e a s t 8 9 . 3 percent of the v o t i n g shares of F i r s t S t a t e Bank of Warner, Warner, South Dakota. \J Kansas City Country H i l l Bancshares, I n c . , Lenexa, Kansas, f o r approval to acquire 8 0 . 1 percent of the v o t i n g shares of Country H i l l S t a t e Bank, Lenexa, Kansas. I / Kansas City Verdigre S t a t e Company, Verdigre, Nebraska, for approval to acquire 100 percent of the v o t i n g shares of Verdigre Agency, I n c . , Verdigre, Nebraska and i n d i r e c t l y Bank of Verdigre, Verdigre, Nebraska. 1/ Dallas C i t i z e n s G r e e n v i l l e Bancshares, I n c . , G r e e n v i l l e , Texas, for approval to acquire at l e a s t 80 percent of the v o t i n g shares of The C i t i z e n s National Bank of G r e e n v i l l e , Greenv i l l e , Texas. 1/ S t . Louis Denied Taney County Bancorporation, I n c . , Kansas City, M i s s o u r i , f o r approval to acquire 80 percent of the v o t i n g shares of S e c u r i t y Bank and Trust Cmpany of Branson, Branson, Missouri. * * * * * To Expand a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956 Chicago 1/ Approved Banks of Iowa, I n c . , Des Moines, Iowa, f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of Fort Madison Bank & Trust Co., Fort Madison, Iowa. 1/ A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. H.2, 1981 No. 20 - 7 ACTIONS OF THE BOARD-Continued To Expand a Bank Holding Company Pursuant to S e c t i o n 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 Bos ton New York S t . Louis Boston Bos ton 1/ 3/ Withdrawn Mult ibank F i n a n c i a l Corp., Quincy, Massachusetts, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (to engage i n processing of bank r e l a t e d f i n a n c i a l data; t h i s a c t i v i t y would be conducted from an e x i s t i n g o f f i c e in Auburn, Massachusetts and would be performed for a s i n g l e company lo ca ted i n Massachusetts) at 11 Midstate Drive, Auburn, M a s s a c h u s s e t t s , through i t s d i r e c t s u b s i d i a r y , Multibank S e r v i c e Corp. (formerly Mult ibank Computer Corp.) ( 5 / 1 1 / 8 1 ) 3/ Approved European American Bancorp, New York, New York, for approval to acquire a l l the a s s e t s of Dorman & Wilson, I n c . , White P l a i n s , New York. JV F i r s t Union Bancorporation, S t . Louis, Missouri, f o r approval to engage de novo, through i t s s u b s i d i a r y , Red bud Insurance Agency, I n c . i n the s a l e of property and c a s u a l t y insurance d i r e c t l y r e l a t e d to e x t e n s i o n s of c r e d i t by A p p l i c a n t ' s banking s u b s i d i a r i e s in M i s s o u r i . 1/ Permitted Mult ibank F i n a n c i a l Corp. , Quincy, Massachsue t t s , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o engage in item processing s e r v i c e s for customers of a f f i l i a t e d banks; these a c t i v i t i e s , which include demand deposit accounting, i n s t a l l ment loan accounting and time d e p o s i t accounting, would be conducted from an e x i s t i n g o f f i c e i n Auburn, Massachusetts, s e r v i c i n g customers loc ate d throughout Massachusetts, Rhode I s l a n d , northern Connecticut, e a s t e r n New York, southern New Hampshire and southern Vermont) at 11 Midstate Drive, Auburn, Massachusetts, through i t s d i r e c t s u b s i d i a r y , Multibank Computer Corp. ( 5 / 1 5 / 8 1 ) 3J Old Stone Corporation, Providence, Rhode I s l a n d , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (the o r i g i n a t i o n , s a l e and s e v i c i n g of f i r s t and second mortgage loans; the s a l e of c r e d i t l i f e and c r e d i t h e a l t h and accident in- A p p l i c a t i o n processed on behalf of the Board of Governors under delegated authority. 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, 1981 No. 20 - 8 ACTIONS OF THE BOARD-Continued surance o f f e r e d i n connection w i t h extensions of c r e d i t ; and the s a l e of c a s u a l t y insurance on property mortgaged i n connection w i t h e x t e n s i o n s of c r e d i t ) at 1151-D Lyons Road, Dayton, Ohio, through i t s s u b s i d i a r y , Unimortgage Corporation of Ohio ( 5 / 1 5 / 8 1 ) 3/ New York Barclays Bank Limited and Barclays Bank I n t e r n a t i o n a l Limited, both of London, England, r e q u e s t s permission to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (making d i r e c t consumer loans, including loans secured by r e a l e s t a t e , and purchasing of s a l e s finance c o n t r a c t s representing e x t e n s i o n s of c r e d i t such as would be made or acquired by a consumer finance company and w h o l e s a l e financing ( f l o o r planning); and a c t i n g as agent for the s a l e of r e l a t e d c r e d i t l i f e , c r e d i t accident and h e a l t h and c r e d i t property i n s u r ance) at 8102 North Davis Boulevard, Pensacola, F l o r i d a , through t h e i r s u b s i d i a r y , BarclaysAmericanCorporation (5/11/81) y Barclays Bank Limited and Barclays Bank I n t e r n a t i o n a l Limited, both of London, England, r e q u e s t s permission to r e l o c a t e e x i s t i n g o f f i c e s engaging i n the following a c t i v i t i e s (making d i r e c t consumer l o a n s , i n c l u d i n g loans secured by r e a l e s t a t e , and purchasing of s a l e s finance c o n t r a c t s r e p r e s e n t i n g e x t e n s i o n s of c r e d i t such as would be made or acquired by a consumer finance company, and wholesale f i n a n c i n g ( f l o o r planning); and a c t i n g as agent for the s a l e of r e l a t e d c r e d i t l i f e , c r e d i t accident and h e a l t h and c r e d i t property i n s u r ance) from Highway 701 South, W h i t e v i l l e , North Carolina to 4350 F a y e t t e v i l l e Road, Lumberton, North C a r o l i n a , through t h e i r s u b s i d i a r y , BarelaysAmerican/Credit, I n c . ; from Akron Square Shoping Center, 1615 South Arlington S t r e e t , Akron, Ohio to Store 1, Waterloo Road, Akron, Ohio, through t h e i r s u b s i d i a r y , BarelaysAmerican/Financial, Inc. (a North Carolina Corporation); from Akron Square Shopping Center, 1615 South Arlington S t r e e t , Akron, Ohio to Store 1, Waterloo Road, Akron, Ohio, through t h e i r s u b s i d i a r y , BarelaysAmerican/Mortgage Inc. (a North Carolina Corporation); from 2 2504 Lake Shore Boulevard, E u c l i d , Ohio to 4839 Robinhood Drive, Willoughby, Ohio, through t h e i r s u b s i d i a r y , BarelaysAmerican/ F i n a n c i a l , I n c . (a New York Corporation); from 1116 North Shepherd S t r e e t , Houston, Texas to 11750 Wilerest S t r e e t , Houston, Texas, through t h e i r s u b s i d i a r y , BarelaysAmerican/ F i n a n c i a l (a North Carolina Corporation) ( 5 / 1 1 / 8 1 ) 3 / 2/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Baric on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1981 No. 20 - 9 ACTIONS OF THE BOARD-Continued New York C i t i c o r p , New York, New York, r e q u e s t s permission to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account or for the account of o t h e r s , commercial loans and other e x t e n s i o n s of c r e d i t ; and l e a s i n g personal or real property or acting as agent, broker, or advisor in l e a s i n g such property and s e r v i c i n g such l e a s e s , subject to a l l of the q u a l i f i c a t i o n s s p e c i f i e d in 12 C.F.R. 2 2 5 . 4 ( a ) (6) (a) and ( b ) , where the l e a s e s serve as the f u n c t i o n al e q u i v a l e n t of an e x t e n s i o n of c r e d i t to the l e s s e e of the property) a t 333 Hegenberger Road, S u i t e 815, Oakland, C a l i f o r n i a , through i t s s u b s i d i a r y , Citicorp I n d u s t r i a l Credit, I n c . ( 5 / 1 5 / 8 1 ) 3/ N w "ork Key Banks I n c . , Albany, New York, r e q u e s t s permission to e s t a b l i s h two de novo o f f i c e s to engage in the f o l l o w i n g a c t i v i t i e s (any one of more of the functions or a c t i v i t i e s that may be performed or carried on by a t r u s t company ( i n c l u d i n g a c t i v i t i e s of a f i d u c i a r y , agency or custodian nature) in the manner authorized by federal or s t a t e law so long as the i n s t i t u t i o n does not make loans or investments or accept d e p o s i t s other than ( i ) d e p o s i t s that are generated from trust funds not c u r r e n t l y i n v e s t e d and are properly secured to the extent required by law, or ( i i ) d e p o s i t s r e p r e s e n t i n g funds r e c e i v e d for a s p e c i a l use in the c a p a c i t y of managing agent or custodian f o r an owner o f , or i n v e s t o r i n , r e a l property, s e c u r i t i e s , or other personal prope r t y , or f o r such owner or i n v e s t o r as agent or custodian of funds h e l d for investment or escrow agent, or for an i s s u e r o f , or broker or d e a l e r in s e c u r i t i e s , i n a capacity such as paying agent, dividend d i s b u r s i n g agent, or s e c u r i t i e s c l e a r i n g agent and not employed by or for the account of the customer in t h e manner of a general purpose checking account or bearing i n t e r e s t , or ( i i i ) making of c a l l loans to s e c u r i t i e s d e a l e r s or purchase of money market instruments such as c e r t i f i c a t e of d e p o s i t s , commercial paper, government or municipal s e c u r i t i e s , and bankers acceptances (such authorized loans and investments, however, may not be used as a method of channeling funds to non-banking a f f i l i a t e s of the t r u s t company) at 200 Washington S t r e e t , Watertown and 99 North Main S t r e e t , W e i l s v i l l e , both of New York, through i t s s u b s i d i a r y , Key Trust Company ( 5 / 1 5 / 8 1 ) 3/ Atlanta Golden Summit Corporation, Milton, F l o r i d a , not i f i c a t o n of i n tent to engage in de novo a c t i v i t i e s ( a c t i n g as agent or broker for the s a l e of c r e d i t l i f e , c r e d i t accident and h e a l t h insurance d i r e c t l y r e l a t e d to extensions of c r e d i t by i t s s u b s i d i a r y bank, Santa Rosa S t a t e Bank, Milton, F l o r i d a ) at 200 S.W. Caroline S t r e e t , i n Milton, F l o r i d a , serving Santa Rosa County ( 5 / 1 6 / 8 1 ) 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, 1981 No. 20 - 1 0 - ACTIONS OF THE BOARD-Continued Kansas City 3? F i r s t of Chadron Bank Corporation, Chadron, Nebraska, not i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (personal property l e a s i n g a c t i v i t i e s or acting as agent, broker or adviser in l e a s i n g such property) i n Chadron, Nebraska, the geographic area to be served includes western Nebraska, e a s t e r n Wyoming and/or southwestern South Dakota ( 5 / 1 1 / 8 1 ) 3/ 4 ( c ) ( 8 ) not i f i c a t i 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, 1981 No. 20 — 11 - APPLICATIONS RECEIVED To E s t a b l i s h a Domestic Branch Pursuant to S e c t i o n 9 of the Federal Reserve Act New York The Bank of New York, New York, New York. Requests permission to e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y near the i n t e r s e c t i o n of Delaware Avenue and Nash Road, V i l l a g e of Kenmore, Erie County, New York. 2 / Richmond United V i r g i n i a Bank, Richmond, V i r g i n i a . To e s t a b l i s h a branch at the i n t e r s e c t i o n of U.S. Route 60 and McLaws C i r c l e , James City County, V i r g i n i a . 2/ Ch icago DeMotte S t a t e Bank, DeMotte, Indiana. To e s t a b l i s h a branch at 325 North Halleek S t r e e t , DeMotte, Indiana. 2/ At lant a Exchange Bank & Trust Company of F l o r i d a , Tampa, F l o r i d a . To e s t a b l i s h a branch o f f i c e located on the west side of north F l o r i d a Avenue, 400 feet north of Bearss Avenue, Unincorporated Hillsborough County, Tampa, F l o r i d a . 2] Minneapolis Bank of B e l l e Fourche, B e l l e Fourche, South Dakota, e s t a b l i s h a domestic branch in B e l l e Fourche. 2/ Kansas City Webb City Bank, Webb City, Missouri. To e s t a b l i s h a branch f a c i l i t y a t 1421 South Madison S t r e e t , Webb City, Missouri. To 21 San Francisco United C a l i f o r n i a Bank, Los Angeles, C a l i f o r n i a . For branch o f f i c e in the v i c i n i t y of the i n t e r s e c t i o n of Olive Avenue and M S t r e e t , City of Merced, Merced County, C a l i f o r n i a . 2/ San Francisco Utah Independent Bank, S a l i n a , Utah, in Beaver, Beaver County, Utah. 2/ * * * * Branch to be l o c a t e d * To Become a Member of the Federal Reserve System Pursuant to S e c t i o n 9 of the Federal Reserve Act Kansas City 2/ ~~ Riverton S t a t e Bank, Riverton, Wyoming. A p p l i c a t i o n subject to Community Reinvestment Act. The Community 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 Reserve Bank may be contacted as to the length of the comment period. H.2, 1981 No. 20 — 12 — APPLICATIONS RECEIVED-Cont inued A p p l i c a t i o n s and N o t i f i c a t i o n s for I n t e r n a t i o n a l I n v e s t ments and Other Actions Pursuant to S e c t i o n s 25 and 25(a) of the Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank Holding Company Act of 1956, as amended New York Chase Manhattan Overseas Banking Corporation, Newark, Delaware: r e q u e s t s consent to determine t h a t Chase Manhattan Bank ( N i g e r i a ) Limited i s no longer a s u b s i d i a r y . S t . Louis Mercantile I n t e r n a t i o n a l Corporation, S t . Louis, Missouri, an Edge Act Corporation, f o r consent to amend A r t i c l e F i r s t of i t s A r t i c l e s of A s s o c i a t i o n to change i t s name to Mercantile Bank I n t e r n a t i o n a l . San Francisco F i r s t National Bank of Oregon I n t e r n a t i o n a l Corporation, Edge Act subsidiary of F i r s t National Rank of Oregon, Portland, Oregon, consent to amend A r t i c l e s of A s s o c i a t i o n to r e f l e c t name change to F i r s t I n t e r s t a t e I n t e r n a t i o n a l of Oregon. San Francisco Seattle-First consent for increase i s in S e a f i r s t San Francisco United C a l i f o r n i a Overseas Investment Corp., Edge Act s u b s i d iary of United C a l i f o r n i a Bank, Los Angeles, C a l i f o r n i a , consent to amend A r t i c l e s of A s s o c i a t i o n to r e f l e c t name change to F i r s t I n t e r s t a t e Overseas Investment, I n c . National Bank, S e a t t l e , Washington: r e q u e s t s S e a t t l e - F i r s t I n t e r n a t i o n a l Corporation to p a i d - i n - c a p i t a l and increase i t s investment Financial S e r v i c e s , Canada, Ltd. * * * * * To E s t a b l i s h an Overseas Branch of a Member Bank Pursuant to S e c t i o n 25 of the Federal Reserve Act San Francisco Wells Fargo Bank, N . A . , San F r a n c i s c o , C a l i f o r n i a : prior n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h an i n i t i a l branch in Seoul, Korea. H.2, 1981 No. 20 - 13 APPLICATIONS RECEIVED-Cont inued To Form a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956 Philadelphia American Bancorp, I n c . , Reading, Pennsylvania, f o r approval to acquire 100 percent of the v o t i n g shares of American Bank and Trust Co. of Pa. , Reading, Pennsylvania. 2j Cleveland Marine Bancorp, Inc. , E r i e , Pennsylvania, for approval t o acquire 100 percent of the v o t i n g shares of Marine Bank (MEADVILLE), E r i e , Pennsylvania. 2/ Atlanta Cen-La Bancshares, I n c . , Marksville, Louisiana, f o r approval to acquire 80 percent of the v o t i n g shares of Central Louisiana Bank & Trust Company, I n c . , Marksville, L o u i s i a n a . 27 Atlanta F i r s t J e f f e r s o n Corporation, B i l o x i , M i s s i s s i p p i , f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of J e f f e r s o n Bank, B i l o x i , M i s s i s s i p p i . 2] At l a nt a Quitman Bancshares, I n c . , Quitman, Georgia, for approval t o acquire 100 percent of the v o t i n g shares of The Bank of Quitman, Quitman, Georgia. 2/ Atlanta Sugarland Bankshares, I n c . , J e a n e r e t t e , L o u i s i a n a , f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of Sugarland S t a t e Bank, J e a n e r e t t e , L o u i s i a n a . 2j At l a nt a Sweetwater V a l l e y Corp., Sweetwater, Tennessee, for approval to acquire at l e a s t 80 percent of the v o t i n g shares of Sweetwater Valley Bank, Sweetwater, Tennessee. 2 / Ch icago S t e e l e BanCorp., Cherokee, Iowa, f o r approval to acquire at l e a s t 93 percent of the v o t i n g shares of The S t e e l e S t a t e Bank, Cherokee, Iowa. 2/ Chicago Woodstock S t a t e Bancorp., I n c . , Woodstock, I l l i n o i s , for approval to acquire 100 percent of the v o t i n g shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to The S t a t e Bank of Woodstock, Woodstock, I l l i n o i s . 2/ S t . Louis Lyon Bancorp, I n c . , E d d y v i l l e , Kentucky, for approval to acquire at l e a s t 8 0 . 8 8 percent of the v o t i n g shares of The Bank of Lyon County, E d d y v i l l e , Kentucky. 2/ 2/ ~~ A p p l i c a t i o n subject to Community Reinvestment Act. The Community 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 Reserve Bank may be contacted as to the length of the comment period. I H.2, 1981 No. 20 — 14 — APPLICATIONS RECEIVED-Cont inued S t . Louis Mathes Bancshares, I n c . , E l l i n g t o n , Missouri, f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of Farmers S t a t e Bank of E l l i n g t o n , Mo., E l l i n g t o n , Missouri. 2/ S t . Louis Salem National Bancorporation I n c . , S a l e m , I l l i n o i s , f o r approval to acquire at l e a s t 80 percent of t h e v o t i n g shares of The Salem National Bank, Salem, I l l i n o i s . 2/ Minneapolis Minnehaha Banshares, I n c . , Sioux F a l l s , South Dakota, for approval to aquire at l e a s t 80 percent of the v o t i n g shares of F i r s t National Bank in Sioux F a l l s , Sioux F a l l s , South Dakota. 2/ Minneapolis O l i v i a Bancorporation, I n c . , O l i v i a , Minnesota, f o r approval to acquire at l e a s t 82.2 percent of the v o t i n g shares of American S t a t e Bank of O l i v i a , O l i v i a , Minnesota. 2/ Minneapolis Remer Bancorporat ion, I n c . , Remer, Minnesota, for approval to acquire at l e a s t 80.9 percent of the v o t i n g shares of S e c u r i t y S t a t e Bank of Remer, Remer, Minnesota. 2] Minneapolis Wood Lake Bancorporat ion, Wood Lake, Minnesota, f o r approval to acquire 90 percent of the v o t i n g shares of The Wood Lake Corporation, Wood Lake, Minnnesota and i n d i r e c t l y 90 percent or more of the v o t i n g shares of S t a t e Bank of Wood Lake, Wood Lake, Minnesota. 2] Kansas City American National Bancorp. I n c . , B r i s t o w , Oklahoma, for approval to acquire at l e a s t 80 percent of the v o t i n g shares of The American National Bank of Bristow, Bristow, Oklahoma. 21 Kansas City Golden City Investment Company, Golden C i t y , Missouri, f o r approval to acquire at l e a s t 88.95 percent of the v o t i n g shares of F i r s t National Bank of Golden C i t y , Golden C i t y , Missouri. 2j Kansas City Kansas Bancshares, I n c . , Kansas C i t y , Missouri, f o r approval to acquire at l e a s t 97.75 percent of the v o t i n g shares of City Bank and Trust Company, Wichita, Kansas. 2/ Dallas F i r s t Bancshares of Sequin, I n c . , Sequin, Texas, for approval to acquire 100 percent of the voting shares of The F i r s t National Bank of Sequin, Sequin, Texas. 2/ 2/ A p p l i c a t i o n subject to Community Reinvestment Act. The Community 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 Reserve Bank may be c o n t a c t e d as to the l e n g t h of the comment period. H.2, 1981 No. 20 - 15 APPLICATIONS RECEIVED-Cont inued Dallas F i r s t Eastex Bancshares, I n c . , Buna, Texas, f o r approval to acquire 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the v o t i n g shares of East Texas S t a t e Bank, Buna, Texas. 2] Dallas Lorenzo Bancshares, I n c . , Lorenzo, Texas, for approval to acquire at l e a s t 80 percent of the v o t i n g shares of Lorenzo S t a t e Bank at Lorenzo, Lorenzo, Texas. 2/ Dallas Mans f i e l d Bancshares, I n c . , Mans f i e l d , L o u i s i a n a , f o r approval to acquire at l e a s t 80 percent of t h e v o t i n g shares of Mans f i e l d Bank and Trust Company, Mans f i e l d , L o u i s i a n a . 2/ Dallas Northshore Bancshares, I n c . , Houston, Texas, for approval to acquire at l e a s t 80 percent of the v o t i n g shares of Northshore Bank, Houston, Texas. 2/ Dallas United Texas Bancshares, I n c . , A u s t i n , Texas, f o r approval to acquire 100 percent of the v o t i n g shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of United Bank of Texas, Austin, Texas. 2/ San Francisco Eldorado Bancorp, T u s t i n , C a l i f o r n i a , f o r approval to acquire 100 percent of the v o t i n g shares of Eldorado Bank, T u s t i n , C a l i f o r n i a . 2/ * * * * * To Expand a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956 Cleveland The Central Bancorporation, I n c . , C i n c i n n a t i , Ohio, for approval to acquire 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the v o t i n g shares of The Clear Creek Valley Banking Company, Amanda, Ohio. 2/ Chicago K . B . J . E n t e r p r i s e s , I n c . , S i b l e y , Iowa, for approval t o increase i t s ownership by 6 . 7 4 percent of the v o t i n g shares of The Viking Corporation, Denison, Iowa, tdiich owns 8 2 . 1 3 percent of the v o t i n g shares of Crawford County Trust and Savings Bank, Denison, Iowa. 2/ Chicago United Central Bancshares, I n c . , Des Moines, Iowa, f o r approval to acquire 100 percent of the v o t i n g shares of Perry Development Company, Sioux City, Iowa and thereby i n d i r e c t l y acquire 90.9 percent of the v o t i n g shares of Valley S t a t e Bank, Sioux C i t y , Iowa. 2/ 2/ A p p l i c a t i o n 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, 1981 No. 20 - 16 APPLICATIONS RECEIVED-Cont inued S t . Louis Manufacturers Bancorp, I n c . , S t . proval to acquire 100 percent directors' qualifying shares) to F i r s t S t a t e Bank of Union, Kansas City A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado, for approval to acquire 100 percent of the v o t i n g shares of F i r s t Colorado Bank, National A s s o c i a t i o n , Colorado Springs, Colorado, a proposed new bank. 2] Kansas City FirstBank Holding Company of Colorado, FirstBank Holding Company, Lakewood, to acquire 100 percent of the v o t i n g Avon, Avon, Colorado, a proposed new Dallas A l l i e d Bancs hares, I n c . , Houston, Texas, f o r approval to acquire 100 percent of the v o t i n g shares of J e t e r o Bank, West f i e l d , Texas. 2/ Dallas Texas American Bancs hares I n c . , Fort Worth, Texas, f o r approval to acquire 100 percent of the v o t i n g shares of Empire Bank, D a l l a s , Texas. 2/ San Francisco Commercial S e c u r i t y Banc orporat i o n , Ogden, Utah, for approval to acquire at l e a s t 50-001 percent of the v o t i n g shares of Box Elder County Bank, Brigham C i t y , Utah. 2/ San Francisco Orbanco Financial S e r v i c e s Corporation, Portland, Oregon, f o r approval to acquire 100 percent of the v o t i n g shares of Oregon S t a t e Bank, C o r v a l l i s , Oregon, a proposed new bank. 2/ * * * * L o u i s , Missouri, f o r apof t h e v o t i n g shares (except of the successor by merger Union, Missouri. 2/ Lakewood, Colorado and Colorado, for approval shares of FirstBank of bank. 2/ * To Expand a Bank Holding Company Pursuant to S e c t i o n 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956 New York The Chase Manhattan Corporation, New York, New York, r e q u e s t s permission to expand the a c t i v i t i e s of a proposed de novo o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s (to act as insurance agent for c r e d i t property insurance d i r e c t l y r e l a t e d to the proposed lending and s e r v i c i n g a c t i v i t i e s ) at 2 Corporate Plaza Drive, Newport Beach, C a l i f o r n i a , through i t s s u b s i d i a r y , Chase Manhattan Financial S e r v i c e s , I n c . ( 5 / 1 3 / 8 1 ) 2/ A p p l i c a t i o n subject to Community Reinvestment Act. The Community Reinvestment O f f i c e r of the a p p l i c a b l e Reserve Bank may be c o n t a c t e d as to the length of the comment period. H.2, 1981 No. 20 - 17 APPLICATIONS RECEIVED-Ccmt inued New York C i t i c o r p , New York, New York, f o r approval to engage die novo through i t s s u b s i d i a r y , C i t i c o r p F i n a n c i a l , I n c . , Baltimore, Maryland, i n operating a r e t a i l check guarantee/check a u t h o r i z a t i o n program in the S t a t e s of Maryland, Pennsylvania, V i r g i n i a , Delaware and the D i s t r i c t of Columbia. New York 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 of an e x i s t i n g o f f i c e engaging i n the following a c t i v i t i e s ( p r e v i o u s l y approved a c t i v i t i e s : the making or acquiring of loans and other extensions of c r e d i t , secured or unsecured, for consumer and other purposes; the extension of loans to dealers for the financing of inventory ( f l o o r planning) and working c a p i t a l purposes; the purchasing and s e r v i c i n g f o r i t s own account of s a l e s finance c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and accident and h e a l t h or decreasing or l e v e l ( i n the case of s i n g l e payment l o a n s ) term l i f e insurance by l i c e n s e d agents or brokers, as required; the s a l e at r e t a i l of money o r d e r s , t r a v e l e r s checks, U.S. s a v i n g s bonds and consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; and the s e r v i c i n g , f o r any person, of loans and other e x t e n s i o n s of c r e d i t ; the new a c t i v i t y i n which the o f f i c e proposes to engage de novo i s : the s a l e of c r e d i t r e l a t e d property and c a s u a l t y insurance p r o t e c t i n g r e a l and personal property subject to a s e c u r i t y agreement w i t h C i t i c o r p Person-to-Person F i n a n c i a l Center, I n c . , to the e x t e n t permissible under a p p l i c a b l e S t a t e insurance laws and r e g u l a t i o n s ; the p r e v i o u s l y approved s e r v i c e area of the o f f i c e i s comprised of San Mateo, San Clara, and Alameda Counties; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h 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 C i t i c o r p Person-to-Person Financial Center, I n c . ) at 2001 Gateway P l a c e , San J o s e , C a l i f o r n i a , through i t s s u b s i d i a r y , C i t i c o r p Person-to-Person F i n a n c i a l Center, I n c . ( 5 / 1 2 / 8 1 ) New York C i t i c o r p , New York, New York, r e q u e s t s permission to e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Washington I n d u s t r i a l Loan Company, and to expand the s e r v i c e area of an e x i s t i n g o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Washington F i n a n c i a l Center, I n c . , both to involve the f o l l o w i n g a c t i v i t i e s (the making or acquiring of loans and other ext e n s i o n s of c r e d i t , secured or unsecured, for consumer and other purposes; the e x t e n s i o n of loans to dealers for the . f i n a n c i n g of inventory ( f l o o r planning) and working c a p i t a l purposes; the purchasing and s e r v i c i n g f o r i t s own account of s a l e s finance c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and accident and h e a l t h or decreasing or l e v e l ( i n the case of s i n g l e payment loans) term l i f e insurance by I H.2, 1981 No. 20 - 1 8 APPLICATIONS RECEIVED-Continued l i c e n s e d agents or brokers, as required; the s a l e of c r e d i t r e l a t e d property and c a s u a l t y insurance p r o t e c t i n g r e a l and personal property subject to a s e c u r i t y agreement with C i t i c o r p Washington I n d u s t r i a l Loan Company, or C i t i c o r p Washington Financial Center, I n c . , t o the extent permissible under a p p l i c a b l e State insurance laws and r e g u l a t i o n s ; the o r i g i n a t i n g , f o r i t s own account or for the account of o t h e r s , of f i r s t mortgage loans secured by r e s i d e n t i a l or commercial p r o p e r t i e s ; the s a l e at r e t a i l of money o r d e r s , t r a v e l e r s checks, U.S. savings bonds and consumer o r i e n t e d f i n a n c i a l management courses; and the s e r v i c i n g , f o r any person, of loans and other e x t e n s i o n s of c r e d i t ; the s e r v i c e area of the d_e novo o f f i c e would be comprised of the e n t i r e S t a t e of Washington; C i t i c o r p a l s o wishes to expand the previously approved s e r v i c e area of the e x i s t ing o f f i c e of C i t i c o r p Washington Financial Center, I n c . , to include the e n t i r e State of Washington; c r e d i t related l i f e , a c c i d e n t , and h e a l t h insurance may be w r i t t e n by Family Guardian Life Insurance Company, an a f f i l i a t e of C i t i c o r p Washington F i n a n c i a l Center, I n c . and C i t i c o r p Washington I n d u s t r i a l Loan Company) at 3 South Sound Center, Lacey, Washington, through i t s s u b s i d i a r i e s , C i t i c o r p Washington T i a u s t r i a l Loan Company and Citicorp Washington F i n a n c i a l Vente.:, Inc. ( 5 / 1 2 / 8 1 ) New York C i t i c o r p , New York, New York, r e q u e s t s permission to e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Washington I n d u s t r i a l Loan Company and to expand the a c t i v i t i e s of an e x i s t i n g o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Washington Financial Center, I n c . , both to involve the following a c t i v i t i e s ( t h e making or acquiring of loans and other e x t e n s i o n s of c r e d i t , secured or unsecured, f o r consumer and other purposes; the e x t e n s i o n of loans to dealers for the financing of inventory ( f l o o r planning) and working c a p i t a l purposes; the purchasing and s e r v i c i n g for i t s own account of s a l e s finance c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and accident and h e a l t h or decreasing or l e v e l ( i n the case of s i n g l e payment l o a n s ) term l i f e insurance by l i c e n s e d agents or b r o k e r s , as required; the s a l e of c r e d i t related property and c a s u a l t y insurance p r o t e c t i n g r e a l and personal property subject to a s e c u r i t y agreement w i t h C i t i c o r p Washington I n d u s t r i a l Loan Company or C i t i c o r p Washington F i n a n c i a l Center, I n c . , to the e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e insurance laws and r e g u l a t i o n s ; the o r i g i n a t i n g , for i t s own account or f o r the account of o t h e r s , of f i r s t mortgage loans secured by r e s i d e n t i a l or commercial p r o p e r t i e s ; the s a l e at r e t a i l of money o r d e r s , t r a v e l e r s checks, U.S. s a v i n g s bonds and H.2, 1981 No. 20 - 19 APPLICATIONS RECEIVED-Cont iriued consumer oriented f i n a n c i a l management courses; and the s e r v i c i n g , for any person * of loans and other e x t e n s i o n s of c r e d i t ; the s e r v i c e area of the dje novo o f f i c e would be comprised of the e n t i r e S t a t e of Washington; C i t i c o r p a l s o wishes to expand the p r e v i o u s l y approved s e r v i c e area of the e x i s t i n g o f f i c e o f C i t i c o r p Washington Financial Center, I n c . , t o include the e n t i r e State of Washington; c r e d i t r e l a t e d l i f e , a c c i d e n t , and health 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 C i t i c o r p Washington Financial Center, Inc. and C i t i c o r p Washington I n d u s t r i a l Loan Company) at Sea Tac V i l l a g e , 31810 P a c i f i c Highway South, Federal Way, Washington, through i t s s u b s i d i a r i e s , Citicorp Washington I n d u s t r i a l Loan Company and C i t i c o r p Washington Financial Center, I n c . ( 5 / 1 2 / 8 1 ) Mew York Manufacturers Hanover Corporation, New York, New York, r e q u e s t s permission to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s ( l e a s i n g r e a l and personal property on a f u l l payout b a s i s , a c t i n g as agent, broker or adviser in l e a s i n g such property; making or acquiring for i t s own account or f o r the account of others loans and other extens i o n s of c r e d i t such as would be made by a commercial l e a s ing or commercial mortgage company, with respect to real and/or personal property, and s e r v i c i n g such l e a s e s , loans and other e x t e n s i o n s of c r e d i t as permitted under Sections 2 2 5 . 4 ( a ) ( 1 ) , (3) and ( 6 ) of Regulation Y) a t F i r s t Union Plaza, C h a r l o t t e , North Carolina, through i t s subsidiary, Manufacturers Hanover Leasing Corporation ( 5 / 1 5 / 8 1 ) New York Manufacturers Hanover Corporation, New York, New York, r e q u e s t s permission to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (arranging, making or acquiring f o r i t s own account or for the account of o t h e r s , loans and other e x t e n s i o n s of c r e d i t secured by a homeowner's equity i n t e r e s t in a home such as would be made by a consumer finance company; s e r v i c i n g such loans and other extensions of c r e d i t for any person; a c t i n g as an agent or broker for the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance which i s d i r e c t l y r e l a t e d to such loans and e x t e n s i o n s of c r e d i t , and through i t s s u b s i d i a r y , Tempco L i f e Insurance Company reinsuring such c r e d i t l i f e insurance; and purchasing i n s t a l l m e n t s a l e s finance c o n t r a c t s , acting as an agent or broker for the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance and c r e d i t accident and health insurance vrfiich i s d i r e c t l y r e l a t e d to such loans and e x t e n s i o n s of c r e d i t , and through Tempco L i f e Insurance Company r e i n s u r ing such c r e d i t l i f e and accident and h e a l t h insurance) at 3409 North Hullen S t r e e t , M e t a i r i e , L o u i s i a n a , through i t s s u b s i d i a r y , Termplan Incorporated of Louisiana ( 5 / 1 5 / 8 1 ) I H.2, 1981 No. 20 - 2 0 - APPLICATIONS RECEIVED-Cont inued New York Security New York S t a t e Corporation, Rochester, New York, ( t o underwrite as r e i n s u r e r c r e d i t l i f e and c r e d i t accident and h e a l t h insurance d i r e c t l y r e l a t e d to extensions of c r e d i t by i t s banking s u b s i d i a r i e s in New York S t a t e ) through i t s s u b s i d i a r y , G r i f f i n L i f e Insurance "Company, Phoenix, Arizona ( 5 / 1 1 / 8 1 ) Richmond NCNB Corporation, C h a r l o t t e , North Carolina, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (making or acquiring loans or other e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g and commercial finance company, i n c l u d i n g commercial loans secured by a borrower * s i n v e n t o r y , accounts r e c e i v a b l e or other accounts, and s e r v i c i n g such loans for others) at 212 East Colonial Drive, Orlando, F l o r i d a , through i t s s u b s i d i a r y , NCNB Financial S e r v i c e s , I n c . ( 5 / 1 4 / 8 1 ) Atlanta Community Investment, I n c . , Brundidge, Alabama, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( i n the s a l e of general insurance including l i f e , accident and h e a l t h , property damage l i a b i l i t y and other types of general insurance in a c c cunity with a population under 5 , 0 0 0 ) at 200 North Main S i r e e t , Brundidge, Alabama, serving Pike County, Alabama and rural portions of contiguous c o u n t i e s in Alabama, through i t s s u b s i d i a r y , Community Insurance Agency ( 5 / 1 1 / 8 1 ) S t . Louis F i r s t Kentucky National Corporation, L o u i s v i l l e , Kentucky, n o t i f i c a t i o n of i n t e n t to engage de novo in item processing a c t i v i t i e s ( p r o c e s s i n g of bank card s a l e s s l i p s , a i r l i n e t i c k e t s , t h i r d party remittances and other documents) at 16402 North 28th Avenue, Phoenix, Arizona, through a subs i d i a r y , NPC of Arizona, Inc. ( 5 / 1 1 / 8 1 ) S t . Louis Mathes Bancshares, I n c . , E l l i n g t o n , Missouri, f o r approval to engage in c e r t a i n insurance agency a c t i v i t i e s . Minneapolis Wood Lake Bancorporation, Wood Lake, Minnesota, f o r approval to continue insurance agency operations formerly carried on by Wood Lake Corporation, Wood Lake, Minnesota. Kansas City F i r s t York Bancorp. , York, Nebraska, for approval to acquire 100 percent of the v o t i n g shares of F i r s t Trust Company of York, York, Nebraska. H.2, 1981 No. 20 - 21 APPLICATIONS RECEIVED-Cont inued Dallas El Paso National Corporation, El Paso, Texas, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o engage in the a c t i v i t y of acting as a managing general insurance agent pursuant to the laws of Texas) at 6044 Gateway E a s t , El Paso, Texas, through a s u b s i d i a r y , Surety General Agency, Inc. ( 5 / 1 4 / 8 1 ) Dal l a s Texas Commerce Bancshares, I n c . , Houston, Texas, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o engage i n the a c t i v i t y of acting as a managing general insurance agent purusnat to the laws of Texas) a t 1212 Main S t r e e t , Houston, Texas, through a s u b s i d i a r y , Pyramid Agency, I n c . (5/11/81) San Francisco U.S. Bancorp, Portland, Oregon, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (making, acquiring and s e r v i c i n g of loans and other e x t e n s i o n s of c r e d i t , e i t h e r secured or unsecured, for i t s own account or for the account of others i n c l u d i n g , but not limited t o , commerc i a l , r e d i s c o u n t , i n s t a l l m e n t s a l e s c o n t r a c t s and other forms of r e c e i v a b l e s , and l e a s i n g of personal property and equipment in conformance with the p r o v i s i o n s of S e c t i o n 2 2 5 . 4 ( a ) ( 1 ) and ( 3 ) and 2 2 5 . 4 ( a ) ( 6 ) ( a ) of Regulation Y) at Executive Club B u i l d i n g , S u i t e 501, 1776 S. Jackson S t r e e t , Denver, Colorado, the geographic area to be served by the proposed o f f i c e w i l l be that of the S t a t e s of Arizona, Colorado, Nevada, Utah and Wyoming, through i t s s u b s i d i a r y , U.S. Bancorp F i n a n c i a l , Inc. ( 5 / 1 1 / 8 1 ) San Francisco U.S. Bancorp, Portland, Oregon, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (making, a c q u i r i n g and s e r v i c i n g of loans and other extensions of c r e d i t , e i t h e r secured or unsecured, for i t s own account or for the account of others i n c l u d i n g , but not l i m i t e d t o , commercial, r e d i s c o u n t , i n s t a l l m e n t s a l e s c o n t r a c t s and other forms of r e c e i v a b l e s and l e a s i n g of personal property and equipment in conformance with the p r o v i s i o n s of S e c t i o n 2 2 5 . 4 ( a ) ( 1 ) and ( 3 ) and 2 2 5 . 4 ( a ) ( 6 ) ( a ) of Regulation Y) at 400 Building, 400 - 108th Avenue, N.E., B e l l e v u e , Washington, the geographic area to be served by the proposed o f f i c e w i l l be the S t a t e s of Washington, Alaska, Idaho, Montana and Oregon, through i t s s u b s i d i a r y , U.S. Bancorp F i n a n c i a l , Inc. ( 5 / 1 1 / 8 1 ) i H.2, 1981 No. 20 - 2 2 - APPLICATIONS RECEIVED-Cont iriued REPORTS RECEIVED Current Report F i l e d Pursuant to S e c t i o n 13 of the S e c u r i t i e s Exchange Act C i t i z e n s Commercial & Savings Bank F l i n t , Michigan. * * * * * Ownership Statement F i l e d Pursuant to Section 13(d) of the S e c u r i t i e s Exchange Act Commonwealth Bank & Trust Company, S t e r l i n g , V i r g i n i a (Amendment - Item 5) Filed by Walter A. Honeycutt F i r s t Commercial Bank, A r l i n g t o n , V i r g i n i a Filed by - Panos Koutrouvelis F i l e d by - Stephen H. Schachner
@FedFRASER