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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
(H. 2, 1983 No. 21)

Actions of the Board; Applications and Reports
Received During the Week Ending May 28, 1983
APPLICABLE
RESERVE BANK

ACTIONS OF THE BOARD

Boston

Eastern Savings Bank, Lynn, Massachusetts, proposal
to acquire the assets and assume the l i a b i l i t i e s of
Naumkeag Trust Company, Salem, Massachusetts;
report to the Federal Deposit Insurance Corporation
on competitive f a c t o r s . \ j

New York

Manufacturers Hanover Trust Company, New York, New
York, an additional investment in bank premises. ]_/

New York

F i d e l i t y Union Bank, Newark, New Jersey, additional
investments in bank premises. J /

New York

Hempstead Bank, Hempstead, New York, an investment in
bank premises. ]_/

New York

Hudson Valley National Bank, Yonkers, New York, a p p l i cation to consolidate with HV National Bank, Yonkers,
New York; report to the Comptroller of the Currency
on competitive fa cto rs. J /

Philadelphia

Bloomsburg Bank-Columbia Trust Company, B1ocmsburg,
Pennsylvania, proposal to merge with Columbia Interim
Bank, Bloomsburg, Pennsylvania, under the t i t l e and
charter of the former; report to the Federal Deposit
Insurance Corporation on competitive factors. J /

Cleveland

Mellon Bank International-Miami, Miami, F l o r i d a , extension
of time to October 26, 1983, w i t h i n which to purchase
shares of Mellon Bank-Canada, Toronto, Ontario, Canada. J /

Richmond

Southern Bankshares I n c . , Beckley, West V i r g i n i a , extension of time to September 2, 1983, within which
t o become a bank holding company through the acquisition
of the successor by merger to Beckley National Bank,
Beck l e y , West V i r g i n i a . 1/

T7




Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .

I

H.2, 1983 No. 21

-

2

ACTIONS OF THE BOARD - Continued
Richmond

LSB Bancs hares, I n c . , Lexington, North Carolina, extension
of time to July 24, 1983, within which to become a bank
holding company through the acquisition of Lexington
State Bank, Lexington, North Carolina. \j

At! anta

Interdec (Georgia) N.V., Curacao, Netherlands A n t i l l e s
and Interdec (Georgia) Limited, Nassau, Bahamas,
extension of time to August 30, 1983, within
which to become bank holding companies through
acquisition of NBG Financial Corporation, Atlanta,
Georgia. JJ

At! anta

Pan American Banks I n c . , Miami, Florida, extension
of time to August 18, 1983, within which to acquire
Peoples Hialeah National Bank, Hialeah, Florida,
and Peoples National Bank of Commerce, Miami,
Florida. 1/

Atlanta

Sun Banks of F l o r i d a , I n c . , Orlando, Florida, extension
of time to August 15, 1983, w i t h i n which to acquire
Avon Citrus Bank, Avon Park, Florida. \J

Atlanta

F i r s t National Bank, Lewisburg, Tennessee, proposed
merger w i t h F i r s t National Lewi sburg Interim Bank,
Lewisburg, Tennessee; report to the Comptroller
of the Currency on competitive factors. 1/

Atlanta

Alexander City Bank, Alexander C i t y , Alabama, proposed
merger w i t h Alexander City Interim Bank, Alexander
C i t y , Alabama; report to the Federal Deposit Insurance
Corporation on competitive factors. \J

Atlanta

Bank of Gonzales Holding Company, I n c . , Gonzales,
Louisiana, extension of time to June 24, 1983, within
which to become a bank holding company through
a c q u i s i t i o n of Bank of Gonzales, Gonzales,
Louisiana. V

Atlanta

Gulf State Bancorp., Carrabelle, Florida, extension of
time to August 12, 1983, within which to become a
bank holding company through the acquisition of
Gulf State Bank of Franklin County, Carrabelle,
Florida. 1/

Tj

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .




H.2, 1983 No. 21

3 ACTIONS OF THE BOARD - Continued

Atlanta

F i r s t National bank of Albany, Albany, Georgia, proposed
merger with F i r s t National Bank of Thomasvi1le, Thomasv i l l e , Georgia; report to the Comptroller of the
Currency on competitive factors. \J

Atlanta

Citizens Bancorp, I n c . , New Tazewell, Tennessee, extension of time to August 29, 1983, within which to
become a bank holding company through the acquisition
of Citizens Bank, New Tazewell, Tennessee. V

Atlanta

Merchants & Planters Bancs hares, I n c . , Montevallo,
Alabama, extension of time to August 29, 1983,
w i t h i n which to become a bank holding company
through acquisition of Merchants & Planters Bank,
Montevallo, Alabama. \J

Atlanta

Citizens Bancorporation, I n c . , Plaquemine, Louisiana,
extension of time to September 16, 1983, within
which to become a bank holding company through the
a c q u i s i t i o n of Citizens Bank & Trust Company,
Plaquemine, Louisiana. J /

Atlanta

Vista Banks, I n c . , Del eon Springs, Florida, extension
of time to September 18, 1983, within which to become
a bank holding company through the acquisition of
Deleon Springs Bank, Deleon Springs, Florida. J_/

Atlanta

America Corporation, Morgan C i t y , Louisiana, extension
of time to July 24, 1983, within which to become a
bank holding company through the acquisition of America
Bank in Louisiana, Morgan C i t y , Louisiana. J /

Atlanta

Peoples Bank shares of Pointe Coupee Parish, I n c . , New
Roads, Louisiana, extension of time to August 31 , 1983,
w i t h i n which to become a bank holding company through
the acquisition of Peoples Bank & Trust Company of
Pointe Coupee Parish, New Roads, Louisiana. 1/

Chicago

F i r s t State Bank of Maple Park, Maple Park, I l l i n o i s ,
an investment in bank premises. ]_/

Chicago

F i r s t Trust and Savings Bank of Watseka, I l l i n o i s ,
Watseka, I l l i n o i s , proposed merger w i t h Watseka
Bank, Watseka, I l l i n o i s , under the charter of Watseka
Bank, and t i t l e of The F i r s t Trust & Savings Bank;
report to the Federal Deposit Insurance Corporation
on competitive factors. 1/

T7
~

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .




H.2, 1983 No. 21

- 4 ACTIONS OF THE BOARD - Continued

Chicago

Everly State Bank, Evenly, Iowa, proposal to acquire
assets of and assume l i a b i l i t i e s of Peterson State
Bartc, Peterson, Iowa, under the charter and t i t l e
of Everly State Bank; report to the Federal Deposit
Insurance Corporation on competitive factors. 1/

Chicago

F i r s t Manitowoc Bancorp, I n c . , Manitowoc, Wisconsin,
extension of time to July 31, 1983, w i t h i n which
to become a bank holding company through the
a c q u i s i t i o n of 80 percent or more of the voting
shares of the F i r s t National Bank i n Manitowoc,
Manitowoc, Wisconsin. 1/

Chicago

United Banks of Wisconsin, I n c . , Madison, Wisconsin,
extension of time to July 15, 1983, w i t h i n which to
merge with Independent Bankshares, I n c . , Madison,
Wisconsin, and thereby i n d i r e c t l y acquire 86 percent
or more of the voting shares of Lake City Bank,
Madison, Wisconsin. J /

Chicago

FIRST WATSEKA BANC CORPORATION, Watseka, I l l i n o i s , extension of time to September 2, 1983, within which
to become a bank holding company through the acquisition
of 100 percent of the voting shares of the successor by
merger t o The F i r s t Trust and Savings Bank of Watseka,
I l l i n o i s , Watseka, I l l i n o i s , j y

S t . Louis

Morgantown Deposit Bancorp., I n c . , Morgantown, Kentucky,
additional extension of time to September 26, 1983,
w i t h i n which to become a bank holding company through
the acquisition of the successor by merger to Morgantown Deposit Bank, Morgantown, Kentucky. V

Kansas City

Security Bancshares, I n c . , Albany, Missouri, extension
of time to August 29, 1983, w i t h i n which to acquire
Albany State Bar*, Albany, Missouri. J_/

Kansas City

Custer Bancorp, W e s t c l i f f e , Colorado, extension of
time to August 25, 1983, w i t h i n which to acquire
Custer County Bank, W e s t c l i f f e , Colorado, and Liberty
State Bank, Colorado Springs, Colorado. \J

Dal las

Richardson National Bank, Richardson, Texas, proposed
merger w i t h New Richardson Bank, Richardson, Texas;
report t o the Federal Deposit Insurance Corporation
on competitive factors. 1J

T7
~

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .




i

H.2, 1983 No. 21

- 5 ACTIONS OF THE BOARD - Continued

San
Francisco

South Valley Bancorp, Morgan H i l l , California, extension
of time t o August 27, 1983, w i t h i n which to become a
bank holding company through the acquisition of South
Valley Bank, Morgan H i l l , C a l i f o r n i a , a proposed new
bank. \ j

San
Francisco

F i r s t Interstate Bank of C a l i f o r n i a , Los Angeles,
C a l i f o r n i a , extensions of time to June 4, 1984,
w i t h i n which to establish branches; (1) near
i n t e r s e c t i o n of Grand Avenue and Ingraham Street,
Pacific Beach, San Diego; and (2) near intersection
of Interstate Highway 10 and Haven Avenue, Ontario,
C a l i f o r n i a . JJ

San
Francisco

National Bankshares of La J o l l a , La J o l l a , C a l i f o r n i a ,
extension of time to September 3, 1983, within
which t o become a bank holding company through the
acquisition of National Bank of La J o l l a , La J o l l a ,
California. J /

San
Franci sco

Harbor Security Bank, McCleary, Washington, proposed
merger with Harbor Security Bank, McCleary, Washington,
under the charter of the l a t t e r and the t i t l e of the
former; report to the Federal Deposit Insurance
Corporation on competitive factors. V

San
Francisco

F i r s t Security Bank of Idaho, N.A., Boise, Idaho, proposed merger w i t h Butte County Bank, Arco, Idaho,
under the charter and with the t i t l e of the former;
report to the Federal Deposit Insurance Corporation
on competitive f a c t o r s . J /

T7
~




Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .

H.2, 1983 No. 21

- 6 ACTIONS UF THE BOARD - Continued

To Establish a Domestic Branch Pursuant
To Section 9 of the Federal Reserve Act
Cleveland

Approved
The Toledo Trust Company, Toledo, Ohio. To establish
an out-of-town branch at 327 South Main Street,
Bowling Green, Ohio. \J

Cleveland

The Provident Bank, Cincinnati, Ohio. To establish
customer-bank communication terminal branches a t :
4595 Paddock Road, Cincinnati, Ohio; 5525 Park side
Drive, Mason, Ohio; 11636 Chesterdale Road,
Cincinnati, Ohio; 4203 Kirby Road, Cincinnati,
Ohio. \J

Richmond

Bank of the Commonwealth, Norfolk, V i r g i n i a . To
establish a branch at 453 South Lynnhaven Road,
V i r g i n i a Beach, V i r g i n i a . ] /

Dal las

Grant County Bank, Silver C i t y , New Mexico. To
establish a branch at 208 W. Broadway, Silver C i t y ,
New Mexico. 1/
*

*

*

*

*

Issued Intent Not to Disapprove Change of Control
Pursuant t o Change i n Bank Control Act of 1978
Kansas City

Not Disapproved
Alamosa Bancorporation, L t d . , Denver, Colorado. \J

Dal las

Ranger Bancshares, I n c . , Ranger, Texas. \J

Dal las

DeLeon Bancshares, I n c . , DeLeon, Texas. 1/
*

]7
~~~




*

*

*

*

application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .

H.2, 1983 No. 21

- 7 ACTIONS OF THE BOARD -Continued

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) and 4(c)(13)
of the Bank Holding Company Act of 1956, as amended
New York

Approved
Skandinaviska Enskilda Banken, Stockholm, Sweden:
grants permission for SEB to p a r t i c i p a t e in a
r e c a p i t a l i z a t i o n of Dillon Read & Co., I n c . ,
New York, New York.

New York

Union Chelsea, International Banking Corporation,
Miami, Florida: approved application 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 Association to
r e f l e c t the change of i t s name to Union Chelsea
International Bank, y

Chicago

Comerica Bank I n t e r n a t i o n a l , D e t r o i t , Michigan:
to amend A r t i c l e Second of i t s A r t i c l e s of
Association to provide for the establishment of
one or more branches in the United States or
abroad.

San
Franci sco

F i r s t Interstate Overseas Investment, I n c . , Los
Angeles, C a l i f o r n i a , an Edge Act subsidiary of
F i r s t Interstate Bank of C a l i f o r n i a , Los Angeles,
C a l i f o r n i a : grants consent to amend i t s A r t i c l e s
of Association to increase i t s capital stock.
(5/26/83) V

New York

Sixty-Day N o t i f i c a t i o n Period Allowed to Expire
Citibank, N.A., New York, New York: no objection to
make, d i r e c t l y or i n d i r e c t l y , additional investments
i n CityTrust Banking Corporation, Manila, Philippines
and Investors' Finance Corporation, Manila, Philippines,
and to obtain additional common shares of Orient
Pacific Capital Investment Corporation, Manila,
Philippines.
*

J7




*

*

*

*

AppTTcation"processed on behalf of the Board of Governors under
delegated a u t h o r i t y .

H.2, 1983 No. 21

- 8 ACTIONS OF THE BOARD - Continued

To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Philadelphia

Approved
Columbia Financial Corporation, Bloomsburg, Pennsylvania,
f o r approval to acquire 100 percent of the voting shares
of Bloomsburg Bank-Columbia Trust Company, Bloomsburg,
Pennsylvania. \J

Philadelphia

North Central Financial Corporation, Emporium, Pennsylvania, for approval to acquire at least 80 percent
of the voting shares of Bucktail Bank & Trust Company,
Emporium, Pennsylvania. V

Cleveland

F i r s t and Farmers Bancshares, I n c . , Somerset, Kentucky,
for approval to acquire at least 80.26 percent of the
voting shares of F i r s t and Fanners Bank of Somerset,
I n c . , Somerset, Kentucky. _1/

Cleveland

GenBanc, I n c . , Genoa, Ohio, f o r approval to acquire
100 percent of the voting shares of The Genoa Banking
Company, Genoa, Ohio. 1J

Richmond

State Bancorp, I n c . , Bruceton M i l l s , West V i r g i n i a ,
f o r approval to acquire at least 80 percent of the
voting shares of Bruceton Bank, Bruceton M i l l s ,
West V i r g i n i a . \J

Ricnmond

West-Central Bancorp, I n c . , Spencer, West V i r g i n i a ,
f o r approval to acquire at least 80 percent of the
voting shares of The F i r s t National Bank of Spencer,
Spencer, West V i r g i n i a . ]_/

Hi cnmond

Wood County Bancorporation, I n c . , Washington, D. C.,
f o r approval to acquire at least 80 percent of the
voting shares of Wood County Bank, Parkersburg,
West V i r g i n i a . \J

Atlanta

Alexander City Bancshares, I n c . , Alexander C i t y ,
Alabama, f o r approval to acquire 100 percent of the
voting shares of Alexander City Bank, Alexander C i t y ,
Alabama. 1/

Atlanta

Farmers Bancs hares, I n c . , Mai one, Florida, f o r approval
to acquire at least 80 percent of the voting shares
of The Farmers Bank of Mai one, Mai one, Florida. 1/

T7




Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .

H.2, 1983 No. 21

- 9 ACTIONS OF THE BOARD - Continued

Chicago

F i r s t Menasha Bancshares, I n c . , Menasha, Wisconsin,
for approval to acquire at least 95.7 percent of
the voting shares of The F i r s t National Bank of
Menasha, Menasha, Wisconsin. \ /

Chicago

P i l o t Bancorp., I n c . , P i l o t Grove, Iowa, f o r approval
to acquire at least 80 percent of the voting shares
of P i l o t Grove Savings Bank, P i l o t Grove, Iowa. 1/

Chicago

SOUTH SUBURBAN BANCORP, INC., Olympia F i e l d s , I l l i n o i s ,
f o r approval to acquire at least 80 percent or more
of the voting shares of F i r s t Suburban Bank of
Olympia Fields, Olympia Fields, I l l i n o i s . 1/

Chicago

SS8 Bancorp, Shipshewana, Indiana, for approval to
acquire 100 percent of the voting shares (less
d i r e c t o r s ' q u a l i f y i n g shares) of the successor by
merger to Shipshewana State Bank, Shipshewana,
Indiana. \J

St. Louis

Barren County Bancshares, I n c . , L o u i s v i l l e , Kentucky,
for approval to acquire at least 80 percent of the
voting shares of Citizens Bank and Trust Company,
Glasgow, Kentucky. V

St. Louis

Central Shares, I n c . , Lebanon, Missouri, f o r approval
to acquire at least 70 percent of the voting shares
of Central Bank, Lebanon, Missouri. J /

St. Louis

Faulkner County Bankshares, I n c . , Conway, Arkansas,
for approval to acquire at least 80 percent of the
voting shares of The F i r s t National Bank of Conway,
Conway, Arkansas. 1/

St. Louis

F i r s t Mulberry Bancshares, I n c . , Mulberry, Arkansas,
f o r approval to acquire at least 80 percent of the
voting shares of Bank of Mulberry, Mulberry,
Arkansas. V/

St. Louis

State Bancorp, I n c . , Washington, Indiana, f o r approval
to acquire 100 percent of the voting shares of the
successor by merger to The State Bank of Washington,
Washington, Indiana. \J

Minneapolis

Firstmondovi, I n c . , Mondovi, Wisconsin, f o r approval to
acquire at least 93 percent of the voting shares of
The F i r s t National Bank of Mondovi, Mondovi, Wisconsin. 1/

T7

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .




H.2, 1983 No. 21

-

10 -

ACTIONS OF THE BOARD - Continued
Minneapolis

Northern Wisconsin Bank Holding Company» Laona,
Wisconsin, for approval to acquire at least 80
percent of the voting shares of Laona State Bank,
Laona, Wisconsin. \J

Kansas City

Oklahoma Bancorporation, I n c . , Clinton, Oklahoma,
for approval to acquire at least 80 percent of
the voting shares of Oklahoma Bank and Trust
Company, C l i n t o n , Oklahoma. ty

Kansas City

P l a t t e Valley National Company» I n c . , Shuyler,
Nebraska, for approval to acquire 100 percent
of the voting shares of Platte Valley National
Bank, Columbus, Nebraska. V

Dallas

Byers Bancshares, I n c . , Byers, Texas, f o r approval
to acquire 100 percent of the voting shares of
F i r s t National Bank of Byers, Byers, Texas. 1/

Dallas

Northway Bancshares, I n c . , Richardson, Texas, for
approval to acquire at least 80 percent of the
voting shares of Richardson National Bank,
Richardson, Texas, and Northway National Bank,
Addison, Texas. V

Dal las

Progressive Holding Company» Winnsboro, Louisiana,
for approval to acquire at least 80 percent of
the voting shares of Progressive State Bank 8
Trust, Winnsboro, Louisiana. J /

Dal las

Thorndale Bancshares, I n c . , Thorndale, Texas, f o r
approval to acquire 100 percent of the voting
shares of Thorndale State Bar*, Thorndale,
Texas. J /

San
Francisco

The Manila Bank Corporation, Manila, Philippines,
for approval to acquire 100 percent of the voting
shares of Manilabank C a l i f o r n i a , Los Angeles,
California.

J7

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .




I

H.2, i983 No. 21

- 11 ACTIONS OF THE BOARD - Continued

To Expand a Bank Holding Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Approved
Commercial Bancshares, I n c . , Houston, Texas, for
approval to acquire at least 50 percent of the
voting shares of Park Tower National Bank, Houston,
Texas, a proposed new bank, y

Dal las

Dal las

Consolidated Bancorp, I n c . , Hewitt, Texas, for
approval to acquire at least 85 percent of the
voting shares of Farmers & Merchants State Bank,
F e r r i s , Texas, y

Dal las

Texana Bancshares, I n c . , Hamilton, Texas, for
approval to acquire at least 80 percent of the
voting shares of Texana National Bank of College
Station, College Station, Texas, a proposed new
bank. ]_/
*

*

*

*

*

To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Approved
F i r s t Rail road & Banking Company of Georgia, Augusta,
Georgia, for approval to merge with Commercial
Bank shares, I n c . , G r i f f i n , Georgia and i n d i r e c t l y
acquire Commercial Bank & Trust Company, G r i f f i n ,
Georgia; Bank of Hampton, Hampton, Georgia; Commercial
Bank of Pike County, Concord, Georgia; and F i r s t
Citizens Bank, F a y e t t e v i l i e , Georgia. ] /

Atlanta

*

*

*

*

*

To Expand a Bank Holding Company Pursuant to Section
4(c)(8) of the Bank Holding Company of 1956
Cleveland

TJ

Withdrawn
Mellon National Corporation, Pittsburgh, Pennsylvania,
for approval to engage in credit property insurance
in connection with i t s application to acquire Globe
Industrial Bank, Boulder, Colorado and Centaur
Industrial Bank, Lafayette, Colorado.

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .




H.2, 1983 No. 21

-

12 -

ACTIONS OF THE BOARD - Continued
Kansas City

Richmond

Returned
OMNIBANCORP, Denver, Colorado, n o t i f i c a t i o n of intent
to engage i n de novo a c t i v i t i e s (acting as agent,
through i t s suFsidiaries, OMNIBANK L o u i s v i l l e ,
L o u i s v i l l e , OMNIBANK University H i l l s , N.A., Denver,
and OMNIBANK Parker Road, N.A., Aurora, a l l located
i n Colorado, f o r sale of c r e d i t l i f e insurance and
c r e d i t accident and health insurance d i r e c t l y related
to i t s extensions of c r e d i t ) t h i s a c t i v i t y would be
conducted in the state of Colorado (5/13/83) V
Approved
Southern Bancorporation, I n c . , Greenville, South Carolina,
for approval to acquire the assets of General Finance
Company, Beaumont, Texas. \J

Atlanta

Florida Coast Banks, I n c . , Pompano Beach, Florida, and
Midlantic Banks, I n c . , Edison, New Jersey, for approval
to establish i n Boca Raton, Florida, a de novo o f f i c e
of t h e i r j o i n t venture t r u s t company, Florida Coast
Midlantic Trust Company, N.A., Lighthouse Point,
Florida.

Atlanta

Florida Coast Banks, I n c . , Pompano Beach, Florida, and
Midlantic Banks, I n c . , Edison, New Jersey, for approval
to establish i n Palm Beach, Florida, a de novo of t h e i r
j o i n t venture t r u s t company, Florida Coast Midlantic
Trust Company, N.A., Lighthouse Point, Florida.

Chicago

SSB Bancorp, Shipshewana, Indiana, for approval to engage
in general insurance a c t i v i t i e s in Shipshewana, La
Grange, and Topeka, Indiana, through Shipshewana
Insurance Agency, I n c . , Shipshewana, Indiana. 1/

New York

Tj
3/

Permitted
Barclays Bank PLC and Barclays Bank International
Limited, both of London, England, request permission to establish a de novo o f f i c e engaging
in the following a c t i v i t i e s (lease financing of
personal property by means of leases that meet
the standards of Section 225.4(a)(6) of Regulat i o n Y) a t 410 Ware Boulevard, Suite 500, Tampa,
F l o r i d a , through t h e i r subsidiary, BarclaysAmerican/Leasing , Inc. (5/27/83) 3/

Application processed on behalf of the Board of Governors under
delegated a u t h o r i t y .
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 authority.




H.2, 1983 No. 21

- 13 ACTIONS OF THE BOARD - Continued

New York

C i t i c o r p , New York, New York, requests permission
to establish a de novo o f f i c e engaging in the
following a c t i v i t i e s (the sale of United States
d o l l a r and foreign-denominated travelers checks)
at San Francisco International A i r p o r t , San
Francisco, C a l i f o r n i a , through i t s subsidiary,
Citicorp (USA), Inc. (5/27/83) 3/

New York

Manufacturers Hanover Corporation, New York, New York,
requests permission to expand the service area of
an o f f i c e engaging i n the following a c t i v i t i e s
(arranging, making, or acquiring, f o r i t s own account
or the account of others, extensions of c r e d i t such
as could be made by a consumer finance company and
the sale as agent or broker of c r e d i t l i f e and c r e d i t
accident and health insurance d i r e c t l y related to
extensions of c r e d i t by Finance One) at Deer Valley
Shopping Center, 4245 W. Thunderbird Road, Phoenix,
Arizona, through i t s subsidiary, Finance One
Mortgage of Arizona, Inc. (5/21/83) 3/

Richmond

NCI® Corporation, Charlotte, North Carolina, not i f i c a t i o n of intent to engage i n de novo
a c t i v i t i e s (making direct loans for consumer
and other purposes, purchasing r e t a i l i n s t a l l ment notes and contracts and acting as agent
f o r the sale of c r e d i t l i f e , c r e d i t accident
and health and physical damage insurance d i r e c t l y
related t o i t s extensions of c r e d i t through i t s
subsidiary, TranSouth Financial Corporation; and
making direct loans for consumer and other purposes under the general usury statues, purchasing r e t a i l installment notes and contracts, making d i r e c t loans to dealers for the financing
of inventory ( f l o o r planning) and working capital
purposes and acting as agent for the sale of
c r e d i t l i f e , c r e d i t accident and health and
physical damage insurance d i r e c t l y related to
i t s extensions of c r e d i t through i t s subsidiary,
TranSouth Mortgage Corporation) at 512 Walnut
Street, Waynesvi1le, North Carolina (5/25/83) 3/

Richmond

Southern Bancorporation, I n c . , Greenville, South
Carolina, n o t i f i c a t i o n of intent to engage in
de novo a c t i v i t i e s (making extensions of credit
as a licensed consumer finance lender) at 122
South F i r s t Street, L u f k i n , Texas, through i t s
subsidiary, World Acceptance Corporation (5/25/83) 3/

37

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 .




I

H.2, 1963 No. 21

- 14 ACTIONS OF THE BOARD - Continued

Richmond

Southern Bancorporation, I n c . , Greenville, South
Carolina, notification of intent to engage i n
de novo activities (making extensions of c r e d i t
as a licensed consumer finance lender, acting
as agent for credit l i f e and credit accident
insurance written in connection with such extensions of credit) at 1151 Broad Street,
Augusta, Georgia, through i t s subsidiary,
World Acceptance Corporation (5/25/83) 3/

Richmond

Union Trust Bancorp, Baltimore, Maryland, n o t i f i cation of intent to engage in de novo a c t i v i t i e s
(making installment loans to individuals for
personal, family or household purposes; purchasing sales finance contracts executed in connection with the sale of personal, family or household goods or services; acting as agent i n the
sale of credit l i f e and credit accident and
health insurance directly related to extensions
of credit; acting as agent in the sale of insurance protecting collateral held against the
extension of credit; and making mortgage loans
secured in whole or in part by mortgages or other
liens on real estate) at 3511 Laurel - F t . Meade
Road, Laurel, Maryland, through i t s subsidiary,
Landmark Financial Services of Maryland, Inc.
(5/25/83) 3/

Chicago

Kasco Financial Corporation, Warren, Michigan, n o t i f i c a t i o n
of intent to engage in de novo activities (making or
acquiring loans and other extensions of c r e d i t secured
by real estate such as would be made by a mortgage banking
company, including commercial and residential loans
secured by the borrower's real estate and servicing such
loans; the geographic area to be served w i l l be the states
of Michigan and Arizona) through i t s subsidiary, Kasco
Mortgage Corporation (5/23/83) 3/

37
~

4(c)(8) notification processed by Reserve Bank on behalf of the
Board of Governors under delegated authority.




ACTIONS OF THE BOARD - Continued
Dallas

Texas Commerce Bancshares, I n c . , Houston, Texas,
n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s
( w i l l serve as managing general agent with respect to
Insurance related to extensions of credit by applicant's
subsidiary banks) i n Houston and in a branch o f f i c e in
El Paso, Texas, through i t s subsidiary, Pyramid
Agency, Inc. (5/20/83) 3/

San
Francisco

BankAmerica Corporation, San Francisco, C a l i f o r n i a ,
n o t i f i c a t i o n of intent to engage i n de novo
a c t i v i t i e s (In the a c t i v i t i e s of securities
brokerage, consisting p r i n c i p a l l y of buying
and s e l l i n g securities solely upon the order
and f o r the account of customers, and of extending margin c r e d i t in conformity with Regulation
T) a t 345 Montgomery S t r e e t , San Francisco,
C a l i f o r n i a ; Oak H i l l Plaza, 200 North Warner
Road, Suite 136, Valley Forge, Pennsylvania and
Riedman Tower, 45 East Avenue, Suite 100,
Rochester, New York, serving a l l f i f t y states
and the D i s t r i c t of Columbia, through i t s
i n d i r e c t subsidiary, Charles Schwab & Co., Inc.
(5/25/83) 3/

San
Francisco

BankAmerica Corporation, San Francisco, C a l i f o r n i a ,
n o t i f i c a t i o n of Intent to engage i n de novo
a c t i v i t i e s (making or acquiring f o r TEs own account loans and other extensions of c r e d i t such
as would be made or acquired by a finance company; servicing loans and other extensions of
c r e d i t ; and o f f e r i n g c r e d i t related l i f e insurance, c r e d i t related accident and health insurance and c r e d i t related property insurance; the
aforementioned types of c r e d i t related insurance
are permissible under both Section 4(c)(8)(D) of
the Bank Holding Company Act of 1956, as amended
by the Garn-St Germain Depository I n s t i t u t i o n s
Act of 1982 and Section 2 of the Pennsylvania Act
of the General Assembly 1974 ( P . L . , No. 365
(40 P.S. 281)); such a c t i v i t i e s w i l l include, but
not be limited t o , making consumer installment
loans, purchasing installment sales finance
contracts, making loans and other extensions
of c r e d i t to businesses, making loans and other
extensions of c r e d i t secured by real and personal property, and o f f e r i n g credit related
l i f e , c r e d i t related accident and health and

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, 1983 No. 21

-

16 -

ACTIONS OF THE BOARD - Continued
c r e d i t related property insurance d i r e c t l y
related to extensions of c r e d i t made or acquired
by FinanceAmerica Consumer Discount Company;
c r e d i t related l i f e and c r e d i t related accident
and health insurance may be reinsured by BA
Insurance Company, I n c . , an a f f i l i a t e of FinanceAmerica Consumer Discount Company) at 5 West
Main S t r e e t , Ephrata; 200 Clay Avenue, Jeannette,
Pennsylvania and Olmstead Plaza Shopping Center,
Store 21-A, Middletown, a l l i n Pennsylvania,
each o f f i c e w i l l serve the e n t i r e state of
Pennsylvania, through i t s i n d i r e c t subsidiary,
FinanceAmerica Consumer Discount Company (a
Pennsylvania Corporation) (5/25/83) 3/
San
Francisco

37

BankAmerica Corporation, San Francisco, C a l i f o r n i a ,
n o t i f i c a t i o n of intent to expand de novo a c t i v i t i e s
(making or acquiring f o r i t s own account loans and
other extensions of c r e d i t such as would be made
or acquired by a finance company; servicing loans
and other extensions of c r e d i t ; and o f f e r i n g c r e d i t related l i f e insurance and c r e d i t - r e l a t e d accident
and health insurance; the aforementioned types of
c r e d i t - r e l a t e d insurance are permissible under
Section 4(c)(8)(A) of the Bank Holding Company Act
of 1956, as amended by the Garn-St. Germain Depository I n s t i t u t i o n s Act of 1982; c r e d i t - r e l a t e d
property insurance w i l l not be offered; such
a c t i v i t i e s w i l l include, but not be l i m i t e d t o ,
making consumer installment loans, purchasing i n s t a l l ment sales finance contracts, making loans and other
extensions of c r e d i t to businesses, making loans
and other extensions of c r e d i t secured by real and
personal property, and o f f e r i n g c r e d i t - r e l a t e d l i f e
and c r e d i t - r e l a t e d accident and health insurance
d i r e c t l y related to extensions of c r e d i t made or
acquired by FinanceAmerica Corporation; c r e d i t related l i f e and c r e d i t - r e l a t e d accident and health
insurance may be reinsured by BA Insurance Company,
I n c . , an a f f i l i a t e of FinanceAmerica Corporation)
i n Plaza Office Building, 105 Underpass Way, Hagerstown, Maryland, serving the e n t i r e states of Maryland,
Pennsylvania, Virginia and West V i r g i n i a , through i t s
i n d i r e c t subsidiary, FinanceAmerica Corporation (a
Maryland corporation) (5/24/83) 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, 1983 No. 21

- 17
ACTIONS OF THE BOARD - Continued

San
Franci sco

BankAmerica Corporation, San Francisco, C a l i f o r n i a ,
n o t i f i c a t i o n of intent to expand de novo a c t i v i t i e s
(making or acquiring f o r i t s own account loans and
other extensions of credit such as would be made or
acquired by a finance company; servicing loans and
other extensions of c r e d i t ; and o f f e r i n g c r e d i t - r e l a t e d
l i f e insurance and c r e d i t - r e l a t e d accident and health
insurance; the aforementioned types of c r e d i t - r e l a t e d
insurance are permissible under Section 4(c)(8)(A) of
the Bank Holding Company Act of 1956, as amended by
the Garn-St. Germain Depository I n s t i t u t i o n s Act of
1982; c r e d i t - r e l a t e d property insurance w i l l not be
o f f e r e d ; such a c t i v i t i e s w i l l include, but not be
l i m i t e d t o , making consumer installment loans, purchasing installment sales finance contracts, making
loans secured by real and personal property, and
o f f e r i n g c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d
accident and health insurance d i r e c t l y related to
extensions of c r e d i t made or acquired by FinanceAmerica Corporation and FinanceAmerica Industrial
Plan I n c . ; c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d
accident and health insurance may be reinsured by
BA Insurance Company, I n c . , an a f f i l i a t e of both
FinanceAmerica Corporation and FinanceAmerica
Industrial Plan Inc.) at 1135 N.W. 23rd Avenue K,
Gainesville, F l o r i d a , serving the e n t i r e state of
F l o r i d a , through i t s indirect subsidiaries,
FinanceAmerica Corporation and FinanceAmerica
Industrial Plan Inc. (both Florida corporations)
(5/23/83) 3/

San
Francisco

Napa National Bancorp, Napa, C a l i f o r n i a , n o t i f i cation of intent to engage i n de novo a c t i v i t i e s
( i n making leases of personal property in
accordance with the Board's Regulation Y) at 1500
Third Street, Napa, C a l i f o r n i a , serving Napa,
Sonoma, Solano Counties, C a l i f o r n i a , through i t s
subsidiary, Napa National Leasing Corporation
(5/27/83) 3/

San
Francisco

Security Pacific Corporation, Los Angeles, Calif o r n i a , n o t i f i c a t i o n of intent to engage i n
de novo a c t i v i t i e s ( i n certain clearing and
custodian a c t i v i t i e s with respect to s e c u r i t i e s ,
commercial paper and s i m i l a r instruments, such
as acting as forwarding agent, coupon payi ng
agent and provider of trade confirmation ser-

37

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, 1983 No. 21

-

18 -

ACTIONS OF THE BOARD - Continued
vices for securities and acting as issuing and
paying agent for commercial paper and s i m i l a r
instruments, as well as a c t i v i t i e s incident
t h e r e t o , such as making of c a l l loans to
securities dealers; these a c t i v i t i e s would not
include extensions of c r e d i t involving margin
s e c u r i t i e s such as would be covered under
Regulation G) i n New York, New York, serving
the United States, through i t s subsidiary,
Security Pacific Clearing & Services Corp.
(5/27/83) 3/
San
Francisco

37

Security Pacific Corporation, Los Angeles, Calif o r n i a , n o t i f i c a t i o n of intent to engage in
de novo a c t i v i t i e s (making or acquiring f o r
i t s own account or for the account of others,
loans and extensions of c r e d i t , including making consumer installment personal loans, purchasing consumer installment sales finance cont r a c t s , making loans to small businesses and
other extensions of c r e d i t such as would be
made by a factoring company or a consumer f i nance company, and acting as broker or agent
for the sale of c r e d i t l i f e and credit accident and health insurance, such insurance
agency a c t i v i t i e s being permitted pursuant
to Section 601(A) of T i t l e VI of the GarnSt. Germain Act) in El k i n s , Logan and Welch,
West V i r g i n i a , each serving the State of
West V i r g i n i a , through i t s subsidiary, Security
Pacific Finance Money Center Inc. (5/27/83) "SJ

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, 1983 No. 21

- 19 APPLICATIONS RECEIVED

To Establish a Domestic Branch Pursuant
To Section 9 of the Federal Reserve Act
San Francisco

Pacific State Bank, Lincoln C i t y , Oregon. Branch
o f f i c e to be located at 488 N.E., Highway 101 i n
Depoe Bay, Oregon. 2/

Atlanta

F i r s t State Bank of Pensacola, Pensacola, Florida.
To establish a branch to be located at 13430 Gulf
Beach Highway, Escambia County, F l o r i d a . 2/

To Become a Member of the Federal Reserve System
Pursuant t o Section 9 of the Federal Reserve Act
Chicago

WB State Bank, Wayne, Michigan. 2/

To Merge Pursuant to Section 18(c) of the
Federal Deposit Insurance Act
Chicago

WB State Bank, Wayne, Michigan, to merge with Wayne
Bank, Wayne, Michigan. 2/

Applications and N o t i f i c a t i o n s for International
Investments and Other Actions Pursuant to Sections
25 and 25(a) of the Federal Reserve Act and Sections
4(c)(9) and 4(c)(13) of the Bank Holding Company
Act of 1956, as amended
New York

Tj

U. S. Trust Corporation, New York, New York: requests
consent to make an indirect investment in Saudi-U. S.
Trust Company Limited, Nassau, Bahamas.

Application 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. 1983 No. 21

-

20 -

APPLICATIONS RECEIVED - Continued
San
francssco

F i r s t Interstate Overseas Investment, I n c . , Los
Angeles, C a l i f o r n i a , an Edge Act subsidiary of
F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los Angeles,
C a l i f o r n i a : requests consent to amend i t s A r t i c l e s
of Association to increase i t s capital stock.

San
Francisco

Rainier Bancorporatlon, Seattle, Washington: p r i o r
n o t i f i c a t i o n of intent to establish an offshore
financing f a c i l i t y , Rainier Overseas Finance Company,
N.V., i n the Netherlands A n t i l l e s .

To For® a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Boston

Suburban National Corporation, Arlington, Massachusetts,
for approval t o acquire 100 percent of the voting
shares of Suburban National Bank of A r l i n g t o n ,
A r l i n g t o n , Massachusetts. 2/

New f o r *

City National Bancshares Corporation, Newark, New
Jersey, for approval to acquire the successor by
merger to City National Bar* of New Jersey, Newark,
New Jersey. 2/

Atlanta

F i r s t National Bancorp of Shelbyvil l e , I n c . , Shelbyv i l l e , Tennessee, for approval to acquire at least
80 percent of the voting shares of The F i r s t National
Bank, S h e l b y v i l l e , Tennessee. 2/

Atlanta

Union Bancshares, I n c . , Pell C i t y , Alabama, for approval
to acquire 100 percent of the voting shares of Union
State Bank,**Pel 1 C i t y , Alabama. 2/

Chicago

F i r s t Oak Brook Bancshares, I n c . , Oak Brook, I l l i n o i s ,
for approval to acquire 100 percent of the voting
shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the
successor by merger to Oak Brook Bank, Oak Brook,
I l l i n o i s , F i r s t National Bank and Trust Company of
Oak Brook, Oak Brook, I l l i n o i s and Metropolitan
Trust i Savings Bank of Addison, Addison, I l l i n o i s . 2/

27

Application 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 t o the length of the comment period.




H,2, 1983 No. 21

-

21 -

APPLICATIONS RECEIVED - Continued
Chicago

Manteno Bancshares, I n c . , Manteno, I l l i n o i s , f o r
approval to acquire at least 80 percent of the
voting shares of Manteno State Bank, Manteno,
I l l i n o i s . 2/

Chicago

Thornton Bancshares, I n c . , Thornton, Iowa, f o r
approval to acquire 80 percent or more of the
voting shares of The F i r s t State Bank of Thornton,
Iowa, Thornton, Iowa. 2/

Chicago

WB FINANCIAL CORP., W^yne, Michigan, f o r approval to
acquire 100 percent of the voting shares (less
d i r e c t o r s ' q u a l i f y i n g shares) of the successor by
merger t o Wayne Bank, Wayne, Michigan. Zj

St. Louis

Arkansas State Bankshares, I n c . , C l a r k s v i l l e , Arkansas,
for approval to acquire at least 80.0 percent of the
voting shares of Arkansas State Bank, C l a r k s v i l l e ,
Arkansas. 2/

St. Louis

Barren County Bancshares, I n c . , L o u i s v i l l e , Kentucky,
for approval to acquire 80 percent of the voting
shares of Citizens Bank and Trust Company, Glasgow,
Kentucky. 2/

St. Louis

B.S.H.C.P. Corporation, She!byvilie, Kentucky, f o r
approval to acquire at least 96 percent of the voting
shares of Bank of Shelbyvilie, She!byvilie, Kentucky. If

St. Louis

Danville Bancorp, I n c . , Danville, Kentucky, for approval
to acquire 100 percent of the voting shares of the
successor by merger to Citizens National Bank of
Danville, Danville, Kentucky. 2/

Kansas City

Armstrong Bancshares, Inc., Florence, Kansas, for approval
to acquire at least 96.3 percent of the voting shares of
Florence State Bank, Florence, Kansas. 2/

Kansas City

MEMSEC, I n c . , Elm Creek, Nebraska, f o r approval to
acquire 100 percent of the voting shares of F i r s t
National Bank of Elm Creek, Elm Creek, Nebraska. 2/

Kansas City

One Security, I n c . , Kansas C i t y , Kansas, for approval
to acquire 100 percent of the voting shares of
Security Bancshares, I n c . , Kansas C i t y , Kansas,
and i n d i r e c t l y Security National Bank, Kansas C i t y ,
Kansas. Zj

Tj

Application 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, 1983 No. 21

-

22 -

APPLICATIONS RECEIVED - Continued
Kansas City

Pathfinder Bancs hares, I n c . , Fremont, Nebraska,
for approval to acquire 100 percent of the voting
shares of the Fremont National Bank & Trust Company,
Fremont, Nebraska. 2/

Kansas City

Portis Bancshares, I n c . , Portis, Kansas, f o r approval
to acquire at least 80 percent of the voting shares
of F i r s t State Bank, Portis, Kansas. 2/

Kansas City

Summit Bancshares, Lee's Summit, Missouri, for approval
to acquire at least 50.25 percent of the voting
shares of Bank of Lee's Summit, Lee's Summit, Missouri.

Dallas

Brenham Bancshares, I n c . , Brenham, Texas, f o r approval
to acquire 100 percent of the voting shares of The
Brenham National Bank, Brenham, Texas. 2/

Dallas

Tascosa Financial Corporation, Amarillo, Texas, for
approval to acquire at least 80 percent of the voting
shares of Tascosa National Bank of Amarillo, Amarillo,
Texas. 2/

San
Francisco

QCB Bancorp, Long Beach, C a l i f o r n i a , f o r approval to
acquire 100 percent of the voting shares of Queen
City Bank, N.A., Long Beach, C a l i f o r n i a . 2/

San
Francisco

Ubancorp, B o u n t i f u l , Utah, for approval to acquire at
least 80 percent of the voting shares of Utah Bank and
Trust, B o u n t i f u l , Utah. 2/
*

*

*

*

*

To Expand a Bank Holding Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Philadelphia

Dauphin Deposit Corporation, Harrisburg, Pennsylvania,
for approval to acquire 100 percent of the voting
shares of Bancorp of Pennsylvania, Reading, Pennsylvania and i n d i r e c t l y Bank of Pennsylvania, Reading,
Pennsylvania. 2/

Cleveland

F i r s t Bancorporation of Ohio, Akron, Ohio, f o r approval
to acquire 100 percent of the voting shares of Elyria
Savings & Trust National Bank, E l y r i a , Ohio. 2/

27

Application subject to Community Reinvestment Act. The Community
A f f a i r s Officer of the applicable Reserve Bank may be contacted
as to the length of the comment period.




- 23 APPLICATIONS RECEIVED - Continued
Atlanta

Southeastern Banking Corporation, Folkston, Georgia,
for approval to acquire 100 percent of the voting
shares of The Darien Bank, Darien, Georgia. Zj

St. Louis

Boatmen's Bancshares, I n c . , S t . Louis, Missouri, for
approval to acquire at least 80 percent of the
voting common shares and at least 80 percent of
the F i r s t Series, Class A convertible preference
stock and at least 80 percent of the Second Series,
Class A convertible preference stock of Metro
Bancholding Corporation, Crestwood, Missouri, and
i n d i r e c t l y Metro Bank/Clayton, Clayton, Missouri;
Metro Bank/Southwest C i t y , Crestwood, Missouri;
Metro Bank/St. Louis, St. Louis, Missouri. 2/

Kansas City

Industrial Bancshares, I n c . , Kansas C i t y , Kansas, for
approval to acquire at least 40 percent of the
nonvoting Class A and Class B common stock of One
Security, I n c . , Kansas C i t y , Kansas. 2/

Kansas City

Metro Bank Corp., Denver, Colorado, for approval
to acquire at least 99 percent of the voting shares
of Metro National Bank - Tech Center, Denver, Colorado. 2/

Kansas City

Mission Bancshares, I n c . , Mission, Kansas, f o r approval
to acquire at least 20 percent of the nonvoting
Class A and Class B common stock of One Security,
I n c . , Kansas C i t y , Kansas. 2/

Kansas City

Valley View Bancshares, I n c . , Overland Park, Kansas,
for approval to acquire at least 40 percent of the
nonvoting Class A and Class B common stock of One
Security, I n c . , Kansas C i t y , Kansas. 2/

Dallas

I n t e r F i r s t Corporation, Dallas, Texas, f o r approval to
acquire 100 percent of the voting shares of F i r s t
National Bank of Richardson, Richardson, Texas. 2/
*

27

*

*

*

*

Application 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, 1983 No. 21

- 24 APPLICATIONS RECEIVED - Continued

To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Cleveland

Mellon National Corporation, Pittsburgh, Pennsylvania,
for approval to merge with CCB, Bancorp, I n c . , State
College, Pennsylvania and i n d i r e c t l y acquire 100
percent of the voting shares of Central Counties
Bank, State College, Pennsylvania. 2/

To Expand a Bank Holding Company Pursuant to Section
4(c)(8) of the Bank Holding Company Act of 1956
New York

7j

Barclays Bank PLC and Barclays Bank International
Limited, both of London, England, request permission
t o relocate an o f f i c e engaging i n the following
a c t i v i t i e s (the operation of a consumer finance
business and the sale as agent of related credit
l i f e and c r e d i t accident and health insurance,
including (A) d i r e c t installment loans to individuals
and the purchase of r e t a i l installment notes [sales
f i n a n c e ] , such as loans made to individuals f o r
personal, family or household purposes, including
loans secured by real estate and the purchase on a
discounted basis of contracts and related security
agreements arising p r i n c i p a l l y from the sale by
dealers of t i t l e d goods [including automobiles,
mobile homes, t r a v e l t r a i l e r s and campers, and
boat and marine equipment] and household goods
[including f u r n i t u r e , t e l e v i s i o n sets and appliances]
and related wholesale financing consisting of financing
dealers' inventories of automobiles, mobile homes and
other c h a t t e l s , and (8) at the election of the borrowers
from the respective consumer finance subsidiaries, sale
of c r e d i t related insurance, including decreasing term
c r e d i t l i f e insurance and credit accident and health
insurance) from 4141 S. Salina Street, Syracuse, New
York to 801 Jones Street, Syracuse, New York, through
t h e i r subsidiaries, BarclaysAmericanFinancial, Inc. and
BarclaysAmerican/Retail Services, Inc. (5/24/83)

Application subject to Community Reinvestment Act. The Community
A f f a i r s O f f i c e r o f . t h e applicable Reserve Bank may be contacted
as to the length of the comment period.




H.2, 1983 No. 21

-25APPLICATIONS RECEIVED - Continued

New York

Deutsche Bank AG, Frankfurt/Maln, Federal Republic
of Germany, requests permission to relocate the
head office engaging i n the following a c t i v i t i e s
(providing dealers of a f f i l i a t e s of Daimler-Benz
AG in the United States and Canada w i t h wholesale
financing in the form of loans to finance dealers
Inventories secured by such inventories and
providing customers of a f f i l i a t e s of Daimler-Benz
AG in the United States and Canada and t h e i r dealers
with r e t a i l financing consisting of purchases by
the company from such a f f i l i a t e s and t h e i r dealers of
r e t a i l installment obligations undertaken by the
customer in respect of equipment purchased by the
customer, of purchases of lease receivables and
dealer rental receivables in respect of the equipment
leased by the customer and of f u l l payout leasing of
products of such a f f i l i a t e s and such dealers; i n
connection therewith, the company f a c i l i t a t e s the
making available of credit l i f e , accident and physical
damage insurance) from 1815 Southwest Marlow Avenue,
Portland, Oregon to 201 M e r r i t t 7, M e r r i t t 7 Corporate
Park, Norwalk, Connecticut, through i t s subsidiary,
Mercedes-Benz Credit Corporation (5/27/83)

New York

The Long-Term Credit Bank of Japan, Limited, Tokyo,
Japan, for approval to acquire 99.95 percent of
the voting shares (less directors' q u a l i f y i n g shares)
of LTCB Trust Company, New York, New York, a de novo,
limited-purpose trust company.

New York

Manufacturers Hanover Corporation, New York, New York,
requests permission to relocate an o f f i c e engaging in
the following a c t i v i t i e s (making or acquiring loans
and other extensions of c r e d i t , secured or unsecured,
such as would be made or acquired by a finance company
under South Carolina law; and o f f e r i n g c r e d i t - r e l a t e d
l i f e insurance, c r e d i t accident and health insurance,
and c r e d i t - r e l a t e d property insurance) from 58 E.
Public Square, Darlington, South Carolina to 1637 W.
Palmetto Street, Florence, South Carolina, through
i t s subsidiary, Finance One of South Carolina, Inc.
(5/26/83)

Philadelphia

Dauphin Deposit Corporation, Harrisburg, Pennsylvania,
for approval to acquire 100 percent of Callowhill
Ins. Co., Phoenix, Arizona, and Financial Realty,
Inc.




1983 No. 21

- 26 -

APPLICATIONS DECEIVED - Continued
Cleveland

Toledo Trustcorp, I n c . , Toledo, Ohio, f o r approval
to engage in community development projects through
a de novo subsidiary to be known as SeaGate Community
Development Corporation, Toledo, Ohio.

Atlanta

Barnett Banks of F l o r i d a , I n c . , Jacksonville, Florida,
n o t i f i c a t i o n of intent to engage i n de novo a c t i v i t i e s
( i n o f f e r i n g from additional o f f i c e s , check v e r i f i c a t i o n
services, including authorizing subscribing merchants
to accept certain personal purchase money checks
and o b l i g a t i n g V e r i f i c a t i o n s , Inc. t o purchase properly
v e r i f i e d checks which are subsequently dishonored) i n
Fort Lauderdale, Florida and Chattanooga, Tennessee,
as well as from e x i s t i n g o f f i c e s of V e r i f i c a t i o n s ,
Inc. i n Florida and Tennessee and would be offered
throughout the States of Florida and Tennessee, through
i t s subsidiary, V e r i f i c a t i o n s , Inc. (5/25/83)

St. Louis

Boatmen's Bancshares, I n c . , St. Louis, Missouri, f o r
approval to acquire Metro Trust Company, Clayton,
Missouri, a nondeposit t r u s t company.

Kansas City

IntraWest Financial Corporation, Denver, Colorado,
n o t i f i c a t i o n of intent to engage i n de novo a c t i v i t i e s
( i n the o r i g i n a t i o n of VA, FHA, and Conventional
mortgage loans as well as real estate commercial and
construction loan a c t i v i t i e s as would be made by a
mortgage banking company) these a c t i v i t i e s would be
performed i n the State of Colorado and more p a r t i c u l a r l y
i n the northwestern quadrant of the Denver, Colorado,
metropolitan area as well as i n Boulder County,
Colorado, through i t s subsidiary, IntraWest Mortgage
Company (5/26/83)

Kansas City

Missouri Banc-Management, I n c . , Kansas C i t y , Missouri,
n o t i f i c a t i o n of intent to engage i n de novo a c t i v i t i e s
(furnishing general economic information and advice,
general economic s t a t i s t i c a l forecasting services
and industry studies for i t s a f f i l i a t e s , Missouri
Valley Bancshares, Taney County Bancorporation,
Citizens Bank, Ava, Missouri and Security Bank &
Trust Company of Branson, Missouri; a l l of the above
a c t i v i t i e s would be conducted in the State of Missouri)
(5/25/83)




H.2, 1983 No. 21

- 27 APPLICATIONS RECEIVED - Continued

Kansas City




United Banks of Colorado, I n c . , Denver, Colorado,
n o t i f i c a t i o n of intent to offer c r e d i t l i f e and
c r e d i t health and accident insurance d i r e c t l y
related to extensions of c r e d i t by i t s subsidiaries:
United Bank of Arapahoe National Association, 9350
East Arapahoe Rd., Englewood, Colorado, serving the
south central portion of Arapahoe County including
contiguous portions of the Cities of L i t t l e t o n and
Englewood; United Bank of Cherry Creek National
Association, 3773 Cherry Creek North Drive, Denver,
Colorado, serving the east central portion of the
City and County of Denver; United Bank of Southwest
Plaza National Association, 8500 West Bowles Avenue,
L i t t l e t o n , Colorado, serving the southern portion
of Jefferson County including contiguous portions
of the City of L i t t l e t o n ; United Bank of SouthPark
National Association, 7901 South Park Plaza, L i t t l e t o n ,
Colorado, serving southwestern Arapahoe County,
including the southern section of the City of L i t t l e t o n
and the contiguous northern portion of Douglas County;
United Bank of Brighton, 15 South Main Street, Brighton,
Colorado, serving the City of Brighton and contiguous
portions of Adams County; United Bank of La Salle
National Association, 207 F i r s t Avenue, La Salle,
Colorado, serving the town of La Sal 1e and contiguous
portions of Weld County; United Bank of Ft. Collins
National Association, 401 South College Avenue, Ft.
C o l l i n s , Colorado, serving the City of Ft. Collins
and contiguous portions of Larimer County; United
Bank of Longmont National Association, 635 Coffman
Street, Longmont, Colorado, serving the City of
Longmont and contiguous portions of Boulder County;
United Bank of Brocmfield, #2 Garden Center, Broomfield,
Colorado, serving the City of Broomfield and contiguous
portions of Boulder, Jefferson, and Adams Counties;
United Bank of Arvada National Association, 7878 Wadsworth
Boulevard, Arvada, Colorado, serving the City of Arvada
and contiguous portions of Jefferson County; United Bank
of Lakewood National Association, 7200 West Alameda,
Lakewood, Colorado, serving the City of Lakewood,
Colorado and contiguous portions of Jefferson and
Denver Counties; United Bank of Skyline National Association,
1055 Sixteenth Street, Denver, Colorado, serving the
central portion of the City and County of Denver; United
Bank of Monaco National Association, 1001 South Monaco
Street Pkwy., Denver, Colorado, serving the eastern
portion of the City and County of Denver; United Bank
of Colorado Springs, 102 North Cascade Avenue, Colorado
Springs, Colorado, serving the City of Colorado Springs
and contiguous portions of El Paso County; United Bank

H.2, 1983 No. 21

-28APPLICATIONS RECEIVED - Continued
of Pueblo, 201 West 8th Street, Pueblo, Colorado,
serving the City of Pueblo and contiguous portions
of Pueblo County; United Bank of Steamboat Springs,
555 Lincoln Avenue, Steamboat Springs, Colorado,
serving the City of Steamboat Springs, Colorado and
contiguous portions of Routt County; United Bank of
Ignacio, 615 Goddard Avenue, Ignacio, Colorado,
serving the City of Ignacio and contiguous portions
of La Plata County; United Bank of Ourango, 1063
Main Avenue, Durango, Colorado, serving the City
of Durango and contiguous portions of La Plata County;
United Bank of Montrose National Association, 401
Main Street, Montrose, Colorado, serving the City
of Montrose and contiguous portions of Montrose County;
United Bank of Delta National Association, 500 Palmer
Street, Delta, Colorado, serving the City of Delta
and contiguous portions of Delta County; Mesa United
Bank of Grand Junction National Association, 2808
North Avenue, Grand Junction, Colorado, serving the
City of Grand Junction and contiguous portions of
Mesa County; Lincoln Agency, a subsidiary of
Applicant located at 1001 South Monaco Street Pkwy.,
Denver, Colorado, w i l l act as insurance agent
(5/26/83)

Dal las

F i r s t City Financial Corporation, Albuquerque, New
Mexico, n o t i f i c a t i o n of intent to engage in de novo
a c t i v i t i e s ( i n operating as an underwriter oT~~credit
l i f e insurance and credit accident and health insurance
which i s d i r e c t l y related to extensions of c r e d i t
made by subsidiaries of F i r s t City Financial Corporation)
at 2155 Louisiana Boulevard, NE, Albuquerque, New Mexico,
through i t s subsidiary, F i r s t City L i f e Company (5/26/83)

San
Francisco

Alaska Pacific Bancorporation, Anchorage, Alaska, f o r
approval to acquire 100 percent of the voting shares
of Pentek Leasing, I n c . , San Jose, C a l i f o r n i a .

San
Francisco

Central Pacific Corporation, Bakersfield, C a l i f o r n i a ,
n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s
( i n commercial finance a c t i v i t i e s , including the
extension of secured and unsecured construction loans,
working capital loans, and project loans in connection
w i t h real property development) at 5055 C a l i f o r n i a
Avenue, Suite 101, Bakersfield, C a l i f o r n i a , serving
the states of C a l i f o r n i a , Oregon, Washington, Idaho,
Nevada, Arizona, Utah, Colorado, Wyoming, New Mexico,
and Texas, through i t s subsidiary, CPC Financial
Corporation (5/26/83)




H.2, 1983 No. 21

- 29 APPLICATIONS RECEIVED - Continued

San
Francisco




Central Pacific Corporation, Bakersfield, California,
for approval to acquire 40 percent of the voting
shares of Executive Appraisers, I n c . , Phoenix,
Arizona, and to engage in the nonbanking activities
of real estate appraisals.

REPORTS RECEIVED
Ownership Statement Filed Pursuant to Section 13(d)
of the Securities Exchange Act
and
Tender Offer Statement Filed Pursuant to Section 14(d)
of the Securities Exchange Act
The Bristol Bank
Bristol, New Hampshire

*

*

*

*

*

PETITIONS FOR RULEMAKING
None.