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AhNOONCEMOtT BY BOARD OF GOVERNORS OF THE FEOBtAL RESERVE SYSTEM H.2, 1985 No. 21 Actions of the Board Applications and Departs Deceived During the Week Staling May 25, 1985 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Federal Reserve Board issued a statement of its policy to control and reduce the risks to depository institutions participating in large-dollar wire transfer systems; the Board did not, however, resolve the issues of risks arising from automated clearing house (ACH) transactions, and therefore, requested cement on issues relating to risks inherent in such transfers. (Docket Nos. R-0515 and R-0515B) Consumer Advisory Council meetings open to the public, to be held on June 20 and 21 in the Board's Martin Building. Rates, discount, Board approved a reduction in the discount rate from 8 to 7-1/2 percent, effective on Monday, May 20, 1985. Boston Bankeast Corporation, Manchester, New Hampshire, extension of time to August 24, 1985, within which to engage in mortgage banking activities through Bankeast Mortgage Corporation through out New England and the middle Atlantic states. 1/ New York First Jersey National Bank/Central, Perth Amboy, New Jersey, proposed purchase of Quakerbridge Branch Office of National State Bank, Elizabeth, New Jersey, report to the Comptroller of the Currency on competitive factors. 1 / New York Citibank, New York, New York, extension of time to May 20, 1986, within which to establish initial branches in Lisbon and Oporto. 1 / Philadelphia Hanover Bank of Pennsylvania, Wilkes-Barre, Pennsylvania, proposed merger with FV Interim Bank, Bethlehem, Pennsylvania, under the title and charter of the former, report to the Federal Deposit Insurance Corporation on competitive factors. 1 / Philadelphia Meridian Bancorp, Inc., Reading, Pennsylvania, extension of time to August 22, 1985, within which to consurrmate establishment of DBS, Inc., Reading, a discount broker. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 2 ACTIONS OF THE BOARD - Continued Richmond Huntington Trust and Savings Bank, Huntington, West Virginia, investment in bank premises. I f Atlanta First State Capital Corporation, Lineville, Alabama, extension of time to August 27, 1985, within which to become a bank holding company through acquisition of First State Bank of Lineville. 1/ Atlanta First Natchez Bank, Natchez, Mississippi, proposed merger with Clinton and Jackson Branches of American Bank, Vicksburg, Mississippi, report to the Federal Deposit Insurance Corporation on competitive factors. \ f Chicago Gary-Wheaton Bank of Fox Valley, Aurora, Illinois, proposed merger with Fox Valley Bank, Aurora, under the charter of Fox Valley Bank and title of Gary-Wheaton Bank of Fox Valley, report to the Federal Deposit Insurance Corporation on competitive factors. 1 / Chicago Ccmerica Incorporated, Detroit, Michigan, extension of time to August 22, 1985, within which to acquire 21.6 percent or more of the voting shares of Pontiac State Bank, Pontiac, Michigan. 1/ Chicago Citizens Commercial & Savings Bank, Flint, Michigan, investment in bank premdses. 1 / Chicago The Guaranty National Bank of Rockford, Rockford, Illinois, proposed merger with First Connunity National Bank, Rockford, Illinois, under the charter of The Guaranty National Bank of Rockford and title of First Ccmnunity National Bank, report to the Comptroller of the Currency on competitive factors. 1/ Chicago Thomtown National Bank, Thomtcwn, Indiana, proposed merger with Heme National Bank of Thomtown, under the charter of Thomtown National Bank and title of Heme National Bank, report to the Comptroller of the Currency on competitive factors. 1 / Chicago Boulevard Bank National Association, Chicago, Illinois, proposed merger with National Boulevard Bank of Chicago, Chicago, Illinois, under the charter and title of Boulevard Bank National Association, report to the Comptroller of the Currency on competitive factors. 1 / Chicago Heritage Pullman Bank and Trust Company, Chicago, Illinois, proposed merger with Pullman Phantom Bank, Chicago, Illinois, under the charter and title of Heritage Pullman Bank and Trust Company, report to the Federal Deposit Insurance Corporation on competitive factors. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 3 - ACTIONS OP THE BOARD - Continued Chicago Republic National Bank of Danville, Danville, Illinois, proposed merger with Palmer-American National Bank of Danville,Danville, Illinois, under the charter of Republic National Bank of Danville and title of Palmer-American National Bank of Danville, report to the Comptroller of the Currency on competitive factors. 1/ St. Louis First Tennessee National Corporation, Memphis, Tennessee, extension of time to August 18, 1985, within which to engage de novo in acting as a futures ccmnission merchant on maior catmodity exchanges with respect to futures contracts on bullion, foreign exchange, government securities, certificates of deposit, and certain other money market instruments through its subsidiary, FTB Futures Corporation, Memphis, Tennessee. 1/ Dallas First Beeville Financial Corporation, Beeville, Texas, extension of time to July 24, 1985, within which to acquire First National Bank of Beeville. 1/ Dallas Texas First Financial Corporation, Dallas, Texas, extension of time to August 26, 1985, within which to acquire Dallas Inter national Bank, Dallas. 1/ Dallas MBank Greenpoint, N.A., Houston, Texas, proposed merger with MBank Greens Parkway, N.A., Harris County, Texas, report to the Comptroller of the Currency on competitive factors. 1 / Dallas Parkway Bank and Trust, Dallas, Texas, proposed merger with BancTexas Quorum, N.A., Dallas, Texas, report to the Comptroller of the Currency on competitive factors. 1 / Dallas Red River Bancorp, Inc., Gainesville, Texas, extension of time to September 18, 1985, within which to acquire The First State Bank, Gainesville. 1/ Dallas Sulphur Springs State Bank, Sulphur Springs, Texas, investment in bank premises. 1 / San Francisco Rainer Interim Bank, N.A., Anchorage, Alaska, proposed merger with Rainer Bank Alaska, N.A., Anchorage, Alaska, under the charter of the former and title of the latter, report to the Comptroller of the Currency on competitive factors. 1 / San Francisco U.S Bancorp, Portland, Oregon, extension of time to divest properties acquired by its U.S. Bancorp Consumer Services, Inc., and Commerce Mortgage Company to various dates in second quarter of 1986. 1 / 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 4 ACTIONS OF THE BOARD - Continued San Francisco TWin Falls Bank and Trust, Twin Falls, Idaho, extension of time to June 23, 1986, within which to establish a branch office in the vicinity of Pole Line Road and Blue Lakes Boulevard, Twin Falls. 1/ San Francisco Business Banking Corporation, Beaverton, Oregon, proposed merger with Valley National Bank of Oregon, Forest Grove, Oregon, under the charter and title of the latter, report to the Comptroller of the Currency on competitive factors. 1/ Dallas Correction of Wire of May 20, 1985: Brazos Valley Bancshares, Inc., Bryan, Texas, extension of time from May 16, 1985 to June 12, 1985, within which to acquire Western National Bank, Bryan. 1/ Dallas Greater Texas Bancshares, Inc., Georgetown, Texas, extension of time from May 16, 1985 to September 1, 1985, within which to acquire National Bank of Oak Hill, Austin. 1 / Dallas Mustang Financial Corporation, Rio Vista, Texas, extension of time from May 16, 1985 to August 1, 1985, within which to acquire Johnson County Bank, N.A., Cleburne, Texas. 1/ T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 5 - ACTIONS OF THE BOARD - Continued Tb Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act New York Cleveland Approved United Jersey Bank, Hackensack, New Jersey, to establish an offsite electronic facility at 7000 Boulevard East, Guttenberg, New Jersey. 1 / The Provident Bank, Cincinnati, Ohio, to establish five offsite electronic facilities in Cincinnati, Ohio. 11 * * * * * Tb Become a Menfcer of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Kansas City Prudential Industrial Bank, Denver, Colorado. 1/ Kansas City Citywide Bank of Thornton, Thornton, Colorado. I f * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 New York Not Disapproved HUBCO, Inc., Union City, New Jersey. St. Louis Brighton Bancshares Corp., Brighton, Tennessee. 1/ Minneapolis American Bancshares, Inc., Yankton, South Dakota. Dallas Peoples State Bancshares, Inc., Turkey, Texas. 1 / Dallas White Oak Bancshares, Inc., White Oak, Texas. I f San Francisco Point West Bancorp, Sacramento, California. 1 / * * * * * T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 6ACTIONS OF THE BOARD - Continued Applications and Notifications far International Investments and Other Action Pursuant to Sections 25 and 25(a) of the Federal Deserve Act and Sections 4 (c) (9), 4 (c) (13), and 4 (c) (14) of tiie Bank Holding Company Act of 1956, as amended New York Forty-Five Day Notification Period Allowed to Expire Bankers Trust Company, New York, New York: no objection to acquire from Bankers International Corporation, New York, New York, all the shares of BT Australia Ltd., Sydney, Australia. * * * * * To Form a Bank Holding Company Pursuant to Section 3(a) (1) of the Bank Holding Ccnpany Act of 1956 New York Atlanta Withdrawn American Discount Bankholding Corporation, New York, New York, for approval to acquire 100 percent of the voting shares of Israel Discount Bank of New York, New York, New York. Returned Interamerican Credit Holding, N.V., Oranjestad, Netherlands Antilles, for approval to acquire 100 percent of the voting shares of Creditbank Shares, Inc., Miami, Florida, and indirectly Creditbank, Cutler Ridge, Florida. Chicago Windsor BancShares, Inc., Windsor, Illinois, for approval to acquire 100 percent of the voting shares of Windsor State Bank, Windsor, Illinois. Dallas Coble Bankshares, Inc., Waco, Texas, for approval to acquire 100 percent of the voting shares of First Consolidated BankHewitt, Hewitt, Texas. Philadelphia Chicago T7 Approved Atlantic Bancorporation, Voorhees, New Jersey, for approval to acquire 100 percent of the voting shares of Glendale National Bank of New Jersey, Voorhees, New Jersey. 1/ Citizens Financial Corporation, Highland Park, Illinois, for approval to acquire 100 percent of the voting shares of First Highland Corporation, and indirectly Hie First National Bank of Highland Park, both of Highland Park, Illinois; Elk Grove Investment Corporation, and indirectly Bank of Elk Grove, Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 7 ACTIONS OF THE BOARD - Continued both of Elk Grove Village, Illinois; Financial Investments Corporation, and indirectly Hyde Park Bank and Trust Company, both of Chicago, Illinois; Woodfield Investments Corporation and indirectly Woodfield Bank, both of Schaumburg, Illinois; North State Investment Corporation, and indirectly Marina Bank, both of Chicago, Illinois; and Citizens Bank and Trust Company, Park Ridge, Illinois. Chicago FIRSTBANK CORP., Alma, Michigan, for approval to acquire 100 percent of the voting shares of Bank of Alma, Alma, Michigan. 1/ St. Louis GCB Bancorp, Inc., Princeton, Indiana, for approval to acquire 100 percent of the voting shares of Gibson County Bank, Princeton, Indiana. 1 / Dallas First Richardson BancShares, Inc., Richardson, Texas, for approval to acquire at least 80 percent of the voting shares of First National Bank of Richardson, Richardson, Texas 1 / Dallas Tarrant County Bancshares, Inc., Fort Worth, Texas, for approval to acquire 100 percent of the voting shares of Landmark BankNorthwest, White Settlement, Texas, a preposed new bank. 1/ San Francisco Centennial Bancshares, Inc., Yakima, Washington, for approval to acquire 100 percent of the voting shares of the successor by merger to Pioneer National Bank, Yakima, Washington. 1 / San Francisco First Interstate Corporation of Alaska, Anchorage, Alaska, for approval to acquire 100 percent of the voting shares of First Interstate Bank of Alaska, Anchorage, Alaska. * * * * * To Expend a Bank Holding Ccnpany Pursuant to Section 3(a) (3) of tile Bank Holding Ccnpany Act of 1956 Kansas City Cleveland T7 Returned York State Ccnpany, York, Nebraska, for approval to acquire 100 percent of the voting shares of The Gresham Ccnpany, Gresham, Nebraska and indirectly Gresham State Bank, Gresham, Nebraska. Approved United Bancorp of Kentucky, Inc., Lexington, Kentucky, for approval to acquire 100 percent of the voting shares of Richmond Bank Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 8 ACTIONS OF THE BOARD - Continued and Trust Company, Richmond, Kentucky. 1/ Atlanta Bank South Corporation, Atlanta, Georgia, and Bank South Macon, Inc., Macon, Georgia, for approval to acquire 100 percent of the voting shares of First Citizens Bank, Forsyth, Georgia. 1/ Atlanta CB&T Bancshares, Inc., Columbus, Georgia, for approval to acquire 100 percent of the voting shares of Cohutta Bancshares, Inc., Chatsworth, Georgia and indirectly acquire The Cohutta Banking Company, Chatsworth, Georgia. 1/ Atlanta First Ccnraerce Corporation, New Orleans, Louisiana, for approval to acquire 100 percent of the voting shares of The First National Bank of Lake Charles, Lake Charles, Louisiana and Rapides Bank & Trust Company, Alexandria, Louisiana. Chicago Associated Banc-Corp, Green Bay, Wisconsin, for approval to acquire 100 percent of the voting shares of State Bank of De Pere, De Pere, Wisconsin. Chicago First American Bank Corporation, Elk Grove Village, Illinois, for approval to accruire 100 percent of the voting shares of Caununity Bank & Trust, Hanover Park, Illinois. 1/ Chicago First American Bank Corporation, Elk Grove Village, Illinois, for approval to acquire 100 percent of the voting shares of Old Orchard Bank & Trust Company, Skokie, Illinois. 1/ St. Louis United Community Bancorp, Inc., Greenfield, Illinois, for approval to acquire at least 51 percent of the voting shares of Chatham Ccranunity Bank, Chatham, Illinois. 1/ Kansas City Landmark Financial Group, Inc., Fort Worth, Texas, for approval to acquire 90 percent of the voting shares of Landmark BankNorthwest, White Settlement, Texas, a proposed new bank. 1 / Kansas City Shamrock Bancshares, Inc., Coalgate, Oklahoma, for approval to acquire at least 80 percent of the voting shares of Mountain View Bancorporation, Inc., Mountain View, Oklahoma, and indirectly The First National Bank of Mountain View, Mountain View, Oklahoma. 1/ * * * * * 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 9 ACTIONS OF THE BOARD - Continued Tb Expand a Bank Holding Company Pursuant to Section 3(a) (5) of the Bank Holding Cagsany Act of 1956 Atlanta Approved First Atlanta Corporation, Atlanta, Georgia, for approval to merge with Bankshares of Georgia, Inc., Montezuma, Georgia, and indirectly Bank of Macon County, Macon, Georgia. 1/ Atlanta First Commerce Corporation, New Orleans, Louisiana, for approval to merge with First Lafayette Bancorp, Inc., Lafayette, Louisiana and indirectly acquire The First National Bank of Lafayette, Lafayette, Louisiana and to merge with City National Bancshares, Baton Rouge, Louisiana, and indirectly acquire City National Bank of Baton Rouge, Baton Rouge, Louisiana. Atlanta The South First National Corporation, Ocean Springs, Mississippi, for approval to merge with First State Financial Corporation, Gulfport, Mississippi and indirectly First State Bank, Gulfport, Mississippi and Metropolitan National Bank, Biloxi, Mississippi. 1/ St. Louis United Ccmnunity Bancorp, Inc., Greenfield, Illinois, for approval to merge with First Bunker Hill Bancshares, Inc., Bunker Hill, Illinois and indirectly acquire at least 53 percent of the voting shares of First National Bank of Bunker Hill, Bunker Hill, Illinois. 1/ * * * * * Tb Expand a Bank Holding Ccnpany Pursuant to Section 4 (c) (8) of tiie Bank Holding Ccnpary Act of 1956 New York New York 77 Approved Conmercial Bancshares, Inc., Jersey City, New Jersey, for approval to engage in making, acquiring, and/or servicing loans for itself or for others of the type made by a mortgage company, through the acquisition of NA Heme Investors Mortgage Corporation, Hackensack, New Jersey. 1 / Manufacturers Hanover Corporation, New York, New York, for approval to engage through its indirect subsidiary, C.I.T. Corporation, in making, acquiring, and/or servicing loans for others of the type made by a ccmnercial finance company and engaging in full pay-out personal property leasing through the acquisition of Rainier Equipment Finance, Inc., Seattle, Washington. 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 Nb. 21 - 10 ACTIONS OF THE BOARD - Continued Atlanta First Cotmerce Corporation, New Orleans, Louisiana, for approval to engage in data processing activities through the acquisition of MSDI Ccnpany, Lafayette, Louisiana. Chicago Citizens Financial Corporation, Highland Park, Illinois, for approval to engage in making, acquiring, and/or servicing loans for itself or for others of the type made by a catmercial finance ccnpany and factor through the acquisition of Interfinancial Corporation, Chicago, Illinois. Chicago First American Bank Corporation, Elk Grove Village, Illinois, for approval to provide to others financially related data processing and data transmission services, facilities, and data bases; or access to them through the acquisition of First American Data Services, Inc., Elk Grove Village, Illinois. 1/ Minneapolis Norwest Corporation, Minneapolis, Minnesota, for approval to engage in any insurance activity engaged in by a bank holding ccnpany or a subsidiary that was approved by the Board prior to January 1, 1971, through the acquisition of assets from O.K., Inc., Kearney, Nebraska. I f Minneapolis Otto Bremer Foundation, St. Paul, Minnesota, and Bremer Financial Corporation, St. Paul, Minnesota, to acquire certain general insurance agency assets from Stroh-Neameyer Insurance Agency, Inc., Lisbon, North Dakota. 1/ T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 11 ACTIONS GP THE BOARD - Continued New York Permitted First Jersey National Corporation, Jersey City, New Jersey, to engage de novo (engaging in full pay-out real property leasing) (5/22/85) 37 Cleveland AmeriTrust Corporation, Cleveland, Ohio, to engage de novo (in discount securities brokerage activities including certain securities credit and incidental activities) at 1010 Euclid Avenue, Cleveland, Ohio, the geographic scope will be nation wide, through AT Investment Services Corp. (5/23/85) 3/ Chicago Irwin Union Corporation, Columbus, Indiana, to engage de novo (providing portfolio investment advice to any person; providing economic information and advice, statistical forecasting services, and industry services; providing management con sulting services to depository institutions; underwriting and dealing in obligations of the United States, general obligations of states and political subdivisions, and other obligations in which state member banks are authorized to underwrite and deal) through its wholly-owned subsidiary, Irwin Union Capital Corporation, Columbus, Indiana (5/23/85) 3 / San Francisco U. S. Bancorp, Portland, Oregon, to engage de novo (engaging in the activities of a trust company of a fiduciary, agency, or custodial nature; retail selling of money orders and similar consumer payment instruments with a face value not more than $1,000, selling U. S. saving bonds; selling travelers checks) (5/24/85) 3/ 3/ Notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1985 No. 21 - 12 APELICMTCNS KBCKIVH) * * * * * To Beocrae a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Cleveland The Fifth Third Bank of Columbus, Columbus, Chio. 2/ Cleveland Chase Bank of Olio, Mentor, Ohio. 2/ Cleveland Chemical Bank Olio, Cincinnati, Olio. 2/ * * * * * Applications and Notifications for International Investments and Other Action 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 Gcnpany Act of 1956, as amended New York Citibank Overseas Investment Corporation, Wilmington, Delawares prior notification of its intent to make an additional invest ment in The Diners Club Limited, Famsborough, England. Philadelphia Philadelphia National Bank Overseas, Inc., Wilmington, Delaware and Philadelphia International Investment Corporation: requests specific consent to invest in a newly formed London merchant bank, Philadelphia National Limited, London, U.K. Philadelphia Philadelphia National Bank, Philadelphia, Pennsylvania: requests specific consent to establish an Edge Act Corporation, Phila delphia National Bank Overseas, Inc., Wilmington, Delaware. * * * * * V Application subject to Carmunity Reinvestment Act. The Caimunity Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1985 No. 21 - 13 APPLICATIONS RECEIVED - Continued To Farm a Bank Holding Ccnpany Pursuant to Section 3(a) (1) of the Bank Holding Ccnpany Act of 1956 New York Barclays U.S. Holdings Inc., New York, New York and BarclaysAmericanCorporation, Charlotte, North Carolina, for approval to acquire 100 percent of the voting shares of Barclays Bank of Delaware, National Association, Wilmington, Delaware, a preposed new bank. 2/ Atlanta City Banc Corporation, Childersburg, Alabama, for approval to acquire at least 80 percent of the voting shares of City Bank of Childersburg, Childersburg, Alabama. 2/ Atlanta Consorcio Invesionista Marcantil Y Agricula, C.A., Caracas, Venezuela and Banco Mercantil, C.A., Caracas, Venezuela, for approval to acquire 100 percent of the voting shares of Connercebank, N.A., Miami, Florida. 2/ Atlanta First National Shares of Louisiana, Baton Rouge, Louisiana, for approval to acquire 80 percent of the voting shares of First National Bank of East Baton Rouge, Baton Rouge, Louisiana. 2/ Atlanta SSL Financial Corporation, Roswell, Georgia, for approval to acquire 100 percent of the voting shares of Sentry Savings & Loan, Roswell, Georgia, a proposed new bank. 2/ Chicago Mitchell Bank Holding Corporation, Milwaukee, Wisconsin, for approval to acquire 100 percent of the voting shares of Mitchell Street State Bank, Milwaukee, Wisconsin. 2/ St. Louis Crockett County Bancshares, Inc., Bells, Tennessee, for approval to acquire 100 percent of the voting shares of Bells Banking Company, Bells, Tennessee. 2/ Minneapolis Jans Bancshares, Inc., Kulm, North Dakota, for approval to acquire 85 percent of the voting shares of Kulm State Bank, Kulm, North Dakota. 2J Kansas City First Carmerce Bancshares, Inc., Lincoln, Nebraska, for approval to acquire at least 80 percent of the voting shares of Commerce Group, Inc., Lincoln, Nebraska, and indirectly acquire at least 80 percent of the voting ccnxnon shares of National Bank of . Carmerce Trust and Savings Association, Lincoln, Nebraska; Carmerce Savings Lincoln, Inc., Lincoln, Nebraska; Ccnmerce Savings Columbus, Inc., Columbus, Nebraska; Carmerce Savings Scottsbluff, Inc., Scottsbluff, Nebraska; Ccnmerce Group Grand Island, Inc., Lincoln, Nebraska and indirectly Overland 27 Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the content period. H.2, 1985 No. 21 - 14 APPLICATIONS RECEIVED - Continued National Bank, Grand Island, Nebraska; Ccranerce Group Hastings, Inc., Lincoln, Nebraska, and indirectly City National Bank and Trust Company of Hastings, Hastings, Nebraska; Ccranerce Group Kearney, Inc., Lincoln, Nebraska, and indirectly First National Bank and Trust Co., Kearney, Nebraska; Ccranerce Group North Platte, Inc., Lincoln, Nebraska and indirectly North Platte National Bank, North Platte, Nebraska; and Ccranerce Group West Point, Inc., Lincoln, Nebraska and indirectly First National Bank, West Point, Nebraska. 2/ Dallas Bancorp of North Texas, Sherman, Texas, for approval to acquire 80 percent of the voting shares of First National Bank, Sherman, Texas. 2/ Dallas Bosque Bancshares, Inc., Cranfills Gap, Texas, for approval to acquire 100 percent of the voting shares of Centex Bancshares, Inc., Cranfills Gap, Texas and indirectly First Security State Bank, Cranfills Gap, Texas. 2/ Dallas Freeman Bancstock Investments & Inwood Holding Corporation, both in Irving, Texas, for approval to acquire 100 percent of the voting shares of Inwood Bancshares, Inc., Dallas, Texas and indirectly Inwood National Bank of Dallas, Dallas, Texas. 2/ Dallas Tarrant County Bancshares, Inc., Fort Worth, Texas, for approval to acquire 100 percent of the voting shares of Landmark BankNorthwest, White Settlement, Texas, a proposed new bank. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a) (3) of the Bank Holding Ccnpany Act of 1956 New York Barclays PLC and Barclays Bank PLC, both of London, England, and Barclays USA Inc., Wilmington, Delaware, for approval to acquire 100 percent of the voting shares of Barclays Bank of Delaware, National Association, Wilmington, Delaware, a proposed new bank. 2J New York Chemical New York Corporation, New York, New York, for approval to acquire 100 porcent of the voting shares of Chemical Bank Ohio, a proposed new bank. 2J 27 Application subject to Community Reinvestment Act. The Cannunity Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1985 No. 21 - 15 APPLICATIONS RECEIVED - Continued Philadelphia Ccnmorrwealth Bancshares Corporation, Williamsport, Pennsylvania, for approval to acquire 24.99 percent of the voting shares of Caimonwealth National Financial Corporation, Harrisburg, Pennsylvania and indirectly acquire Ccnmonwealth National Bank, Harrisburg, Pennsylvania; and to acquire 24.99 percent of the voting shares of Heritage Financial Services Corporation, Lewistown, Pennsylvania and indirectly acquire The Russell National Bank of Lewistown, Lewistcwn, Pennsylvania. 2/ Cleveland Fifth Third Bancorp, Cincinnati, Ohio, for approval to acquire 100 percent of the voting shares of The Fifth Third Bank of Columbus, Columbus, Ohio, a proposed new bank. 2/ Cleveland Oak Hill Financial Inc., Oak Hill, Ohio, for approval to acquire at least 95 percent of the voting shares of Miami Valley Bank of Southwest Ohio, Franklin, Ohio, a proposed new bank. 2/ Chicago M.S. Investment Co., Milwaukee, Wisconsin, for approval to acquire 49.7 percent of the voting shares of Mitchell Bank Holding Corporation, Milwaukee, Wisconsin and indirectly acquire Mitchell Street State Bank, Milwaukee, Wisconsin. 2/ Chicago NEB Corporation, Fbnd du Lac, Wisconsin, for approved to acquire 90.8 percent of the voting shares of American Bank of Fond du Lac, Fond du Lac, Wisconsin. 2] Chicago Ontario Bancorporation, Inc., Ontario, Wisconsin, for approval to acquire 80 percent of the voting shares of Genoa State Bank, Genoa, Wisconsin. 2/ St. Louis Exchange Bancshares, Inc., El Dorado, Arkansas, for approval to acquire 100 percent of the voting shares of Citizens Bank, Strong, Arkansas. 2/ Kansas City Commerce Bancshares, Inc., Kansas City, Missouri, for approval to acquire 100 percent of the voting shares of Commerce Bank of Gnaha, N.A., Omaha, Nebraska, a proposed new bank. 2J Kansas City Nebanco, Inc., Wallace, Nebraska, for approval to acquire 5.71 percent of the voting shares of American Corporation, North Platte, Nebraska, and indirectly American Security Bank, North Platte, Nebraska. 2/ Dallas Landmark Financial Group, Inc., Fort Worth, Texas, for approval to acquire 90 percent of the voting shares of Landmark BankNorthwest, White Settlement, Texas, a proposed new bank. 2/ 27 Application subject to Community Reinvestment Act. The Ccmnunity Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the ccnment period. H.2, 1985 No. 21 - 16 APPLICKCIONS RECEIVED - Continued lb Expand a Bank Holding Company Pursuant to Section 3(a) (5) of the Bank Holding Company Act of 1956 Atlanta Commerce Union Corporation, Nashville, Tennessee, for approval to merge with Tennessee Eastern Baneshares, Inc., Oak Ridge, Tennessee and indirectly acquire Energy Bank, Oak Ridge, Tennessee. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4 (c) (8) of the Bank Holding Company Act of 1956 New York Bankers Trust New York Corporation, New York, New York, for approval to engage through its subsidiary, BT Commercial Corporation, in acting as the issuer's agent in the placement of commercial paper. New York Bankers Trust New York Corporation, New York, New York, to engage de novo (engaging in the activities of a trust company of a fiduciary, agency, or custodial nature) these activities will be conducted throughout the United States. (5/22/85) New York Barclays U.S. Holdings Inc., New York, York and BarclaysAmerican Corporation, Charlotte, North Carolina, to engage de novo in making, acquiring, and/or servicing loans for itself or for others of the type made by a mortgage company, consumer finance company, sales finance company, credit card company, commercial finance company, factor; engaging in the activities of an industrial or Morris Plan bank, or industrial loan company; engaging in full pay-out personal and real property leasing; providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them; selling credit life; disability or involuntary unemployment insurance; any insurance agency activity engaged in by a bank holding company or a subsidiary on or before May 1, 1982; underwriting credit life insurance on consumer loans; issuing and retail selling of money orders and similar consumer payment instruments with a face value not more than $1,000; selling U.S. Savings Bonds; selling travelers checks, through the acquisition of The New York Switch Corporation, Fort Lee, New Jersey. 27 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. H.2, 1985 No. 21 - 17 APPLICATICNS RECEIVED - Continued New York J.P. Morgan & Co. Incorporated, New York, New York, to engage de novo (in underwriting and dealing in obligations of the United States, general obligations of states and political subdivisions, and other obligations in which state member banks are authorized to underwrite and deal) through J.P. Morgan Securities Inc., and J.P. Morgan Municipal Finance Inc. (5/17/85) Richmond First Virginia Banks, Inc., Falls Church, Virginia, to engage de novo (in any insurance activity engaged in by a bank holding company or a subsidiary that was approved by the Board prior to January 1, 1971) the activities would be conducted in the States of Virginia, Maryland, North Carolina, Delaware, Pennsylvania, New Jersey, and the District of Columbia, through First General Insurance Agency, Inc., Falls Church, Virginia (5/23/85) Atlanta First Railroad & Banking Company, Augusta, Georgia, to engage de novo (in making, acquiring, and/or servicing loans for itself or for others of the type made by a consumer finance company) the activities would be conducted nationwide through Capital Premium Plan, Inc., Charlotte, North Carolina. (5/20/85) Chicago Northwest Suburban Bancorp, Inc., Mt. Prospect, Illinois, to engage de novo (engaging in full pay-out personal and real property, leasing) through NSB Finance, Inc., Mt. Prospect, Illinois. (5/21/85) Kansas City First Commerce Bancshares, Inc., Lincoln, Nebraska, for approval to indirectly acquire, through its acquisition of at least 80 percent of the voting shares of Ccmnerce Group, Inc., Lincoln, Nebraska, 75 percent of the voting shares of Commerce Affiliated Life Insurance Company, Phoenix, Arizona, and thereby indirectly engage in underwriting credit life insurance on consumer loans and underwriting ^rredit disability insurance on consumer loans. Kansas City United Missouri Bancshares, Inc., Kansas City, Missouri, for approval to indirectly acquire, through its acquisition of 10 percent of the voting shares of Centerre Bancorporation, St. Louis, Missouri, Centerre Insurance Agency, St. Louis, Missouri, and thereby indirectly engage in selling credit life, disability, or involuntary unemployment insurance; Centerre Life Insurance Company, St. Louis, Missouri, and thereby indirectly engage in underwriting credit life insurance on consumer loans, and underwriting credit disability insurance on consumer loans; Centerre Trust Company, St. Louis, Missouri, and thereby indirectly engage in the activities of a trust company of a fiduciary, agency, or custodial nature; Monetary Transfer System, St. Louis, Missouri, and thereby indirectly engage in providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them. - 18 - H.2, 1985 No. 21 APPLICATIONS RECEIVED - Continued Dallas MCorp, Dallas, Texas and MCorp Financial, Inc., Wilmington, Delaware, to engage de novo (selling traveler's checks) through MPact Travel Services, Inc., Dallas (5/24/85) San Francisco Pacific Regency Bancorp, El Toro, California, to engage de novo (in providing financially related courier services) through Pacific Regency Courier Service (5/20/85) San Francisco Valley Utah Bancorporation, Salt Lake City, Utah, to engage de novo (selling credit life, disability, or involuntary unemployment insurance; underwriting credit life insurance on consumer loans; underwriting credit disability insurance on consumer loans) (5/21/85) * * * * * REPORTS RECEIVED None. * * * * * PETITIONS FOR RULEMAKING None
@FedFRASER