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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1986, No. 18 Actions of the Board Applications and Reports Received During the Week Ending May 3, 1986 ACTIONS OF THE BOARD APPLICABLE RESERVE BANK Boston Federal Reserve Bank issued for public comment proposed amendments to Regulation D (Reserve Requirements of Depository Institutions) regarding the reservability of certain transactions involving sales of assets by depository institutions and their affiliates; and technical amendments (Docket No. R - 0 5 7 1 ) . Bank of New England Corporation, Boston, Massachusetts — extension of time to August 19, 1986, within which to consummate the acquisition of Mariner Mortgage Corporation, Providence, Rhode Island. 1/ Boston BayBanks, Inc., Boston, Massachusetts — extension of time to August 3, 1986, within which to engage in discount brokerage activities through BayBanks Brokerage Services, Inc. 1/ Philadelphia Morgan Bank (Delaware), Wilmington, Delaware — to accept drafts or bills of exchange. 1/ Richmond Maryland National Corporation, Baltimore, Maryland — extension of time to August 4, 1986, within which to acquire Maryland National B a n k / D . C . , Washington, D.C., a de novo nonbank bank. 1/ Chicago Bank of Montreal, Montreal, Canada, Bankmont Financial C o r p . , New York, New York, and Harris Bankcrop, Inc., Chicago, Illinois -extension of time to July 6, 1986, within which to engage de novo through Derivative Markets Management, Inc., Chicago, Illinois, 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Bo a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2, 1986, No. 18 -2- ACTIONS OF THE BOARD - Continued in investment advice, nationwide, and subject to any required regulatory approvals in select foreign countries. 1/ Chicago Midwest Financial Group, Inc., Peoria, Illinois — extension of time to June 4, 1986, within which to establish de novo Midwest Financial Group Brokerage S e r v i c e s , Inc., and to engage in securities brokerage activities. 1/ Chicago Citizens Trust Bancorp, Inc., Ann Arbor, Michigan — extension of time to August 3, 1986, within which to become a bank holding company through acquisition of the successor by merger to Citizens Trust. 1/ St. Louis Centerre Bancorporation, St. Louis, Missouri — extension of time to August 1, 1986, within which to engage de novo in discount securities brokerage through Market Street Securities. 1/ St. Louis The Citizens Bank and Trust Company, Washington, Indiana, proposed merger with Washington National Bank — report to the Comptroller of the Currency on competitive factors. 1/ Kansas City United Bank of Aurora - City Center, Aurora, Colorado, a proposed new bank — extension of time to August 14, 1986, within which to become a member of the Federal Reserve System. 1/ Dallas First Capital National Bancshares, Inc., Fort Washington, Texas — extension of time to acquire Capital National Bank, and The Citizens National Bank of Weatherford, Weatherford, Texas. 1/ (Denied) San Francisco Wells Fargo & Company, San Francisco, California — extension of time to divest certain properties. 1/ San Francisco Security Pacific Corporation, Los Angeles, California — extension of time to acquire the assets of Brokers Data Management Services, Inc., New York, New York, and to engage in data processing. 1/ 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Boa r d of Governors u n d e r d e l e g a t e d authority. -3H. 2, 1986, No. 18 ACTIONS OF THE BOARD - Continued * * * * * To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Approved Richmond Dickenson-Buchanan Bank, Haysi, Virginia — to establish a branch on McClure Avenue, Clintwood, Virginia. 1/ (5/1/86) * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Withdrawn Philadelphia Knoblauch Bank, Reading, Pennsylvania. (4/30/86) Returned Chicago Independent Bankers' Bank of Illinois, Springfield, Illinois (a proposed new bank) (4/15/86) * * * * * Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9), 4(c) (13) and 4(c) (14) of the Bank Holding Company Act of 1956, as amended Approved Cleveland Mellon Bank International, N ew York, New York — grants consent to invest in Mellon Australia Limited, a de novo money market corporation to be organized under the laws of Victoria, Australia, with offices in Melbourne and Syndey. (4/30/86) Dallas InterFirst Corporation, Dallas, Texas — no objection to invest of InterFirst World Trade Corporation, Dallas, Texas. (4/28/86) 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. -k- H.2, 1986, No. 18 ACTIONS OF THE BOARD - Continued Forty-Five Day Notification Allowed To Expire Boston Bank of Ne w England International, Miami, Florida — to amend article FOURTH of its Articles of Association and to establish a branch office in New York, New York. (4/29/86) New York Citibank Overseas Investment Corporation, Wilmington, Delaware — no objection to invest in its wholly-owned subsidiary, Citibank Leasing Canada Limited, Ontario, Canada. (4/28/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Withdrawn Kansas City Fourthco, Inc., Tulsa, Oklahoma — for approval to acquire 90 percent of the voting shares of Fourth National Corporation, Tulsa, Oklahoma, and indirectly Fourth National Bank of Tulsa, Tulsa, Oklahoma and United Bancshares, Inc., Tulsa, Oklahoma and indirectly United Bank of. Tulsa, Tulsa, Oklahoma. (3/26/86) Returned New York Espanola De Finanzas, S.A., Barcelona, Spain — for approval to acquire 40 percent of the voting shares of Espanola De Finanzas Trust Company, Inc., Hato Rey, Puerto Rico, a proposed new bank. (5/2/86) Chicago Bankers' Bancorp of Illinois, Springfield, Illinois — for approval to acquire 100 percent of the voting shares of Independent Bankers' Bank of Illinois, Springfield, Illinois, a proposed new bank. (4/14/86) Chicago Wenona Bancorp, Inc., Wenona, Illinois — for approval to acquire 100 percent of the voting shares of Wenona State Bank, Wenona, Illinois. (5/1/86) 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. -5H.2, 1986, No. 18 ACTIONS OF THE BOARD - Continued Approved New York United Bank Corporation of N ew York, Downsville, New York — for approval to acquire 100 percent of the voting shares of The First National Bank of Downsville, Downsville, N ew York. 1/ (4/30/86) Cleveland Banc One Kentucky Corporation, Lexington, Kentucky — for approval to acquire 100 percent of the voting shares of Citizens Union National Bank and Trust Company, Lexington, Kentucky. 1/ (4/29/86) Chicago Tri-County Financial Group, Inc., Mendota, Illinois — for approval to acquire 100 percent of the voting shares of First State Bank, Mendota, Illinois. 1/ (4/29/86) St. Louis Brownstown CSB Bancorp, Brownstown, Indiana — for approval to acquire at least 80 percent of the voting shares of The Citizens State Bank, Brownstown, Indiana. 1/ (4/30/86) Kansas City First Kansas Bancshares, Inc., Hutchison, Kansas — for approval to acquire 100 percent of the voting shares of The First National Bank of Hutchison, Hutchison, Kansas. 1/ (4/30/86) Dallas Tanglewood Bancshares, Inc., Houston,Texas — for approval to acquire 100 percent of the voting shares of Tanglewood Bank, N . A . , Houston, Texas. 1/ 4/28/86) * * * * * T o Expand a Bank Holding Company Pursuant to Section 3 ( a ) (3) of the Bank Holding Conpany A c t of 1956 Withdrawn Deposit Guaranty Corporation, Jackson, Mississippi — for approval to acquire 100 percent of the voting shares of Deposit Guaranty National Bank of Grenada, Grenada, Mississippi, a proposed new bank. (4/28/86) Atlanta / 17 A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. -6H.2, 1986, N o 18 ACTIONS OP THE BOARD - Continued Returned Dallas Allied Bancshares, Inc., Houston, Texas — for approval to acquire 100 percent of the voting shares of Allied Bank Lewisville, Lewisville, Texas, a proposed new bank. (5/7/86) Approved Philadelphia Bankvest, Inc., Wilkes-Barre, Pennsylvania — for approval to acquire an additional 12.02 percent of the voting shares of First Peoples National Bank, Edwardsville, Pennsylvania. 1/ (4/28/86) Cleveland AmeriTrust Corporation, Cleveland, Ohio — for approval to acquire 100 percent of the voting shares of First United Bancorp, Franklin, Indiana, and indirectly Franklin Bank and Trust Company, Franklin, Indiana. 1/ (4/29/86) Cleveland Banc One Corporation, Columbus, Ohio — for approval to acquire 100 percent of the voting shares of Banc One Kentucky Corporation, Lexington, Kentucky, and indirectly Citizens Union National Bank and Trust Company, Lexington, Kentucky. 1/ (4/29/86) Cleveland First National Cincinnati Corporation, Cincinnati, Ohio — for approval to acquire Peoples National Bancorp of America, Lawrenceburg, Indiana, and indirectly The Peoples National Bank of Lawrenceburg, Lawrenceburg, Indiana. 1/ (4/30/86) Atlanta Community Group, Inc., Jasper, Tennessee, for approval to acquire 100 percent of the voting shares of Fentress County Bank, Jamestown, Tennessee. 1/ (5/1/86) Atlanta Mid State Banks, Inc., Dublin, Georgia (formerly Dublin Bancshares, Inc.) — for approval to acquire 100 percent of the voting shares of Planters Bank, Hawkinsville, Georgia. 1/ (5/2/86) 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. - H . 2, 1986, No. 7 - 18 ACTIONS OF THE BOARD - Continued Atlanta Tennessee National Bancshares, Inc., Maryville, Tennessee — for approval to acquire 100 percent of the voting shares of Bank of Cannon County, Woodbury, Tennessee. If (4/30/86) Atlanta Tennessee National Bancshares, Inc., Maryville, Tennessee — for approval to acquire 100 percent of the voting shares of Citizens State Bank of McMinnville, McMinnville, Tennessee. 1/ (4/30/86) Chicago Gainer Corporation, Merrillville, Indiana — for approval to acquire 100 percent of the voting shares of the successor by merger to Northern Indiana Bancshares, Inc., Valparaiso, Indiana, and thereby indirectly Northern Indiana Bank & Trust Company, Valparaiso, Indiana. (4/30/86) St. Louis Central Banc System, Inc., Granite City, Illinois — for approval to acquire 100 percent of the voting shares of American Heritage Bank of Granite City, Granite City, Illinois. 1/ (4/30/86) St. Louis CNB Bancshares, Inc., Evansville, Indiana — for approval to acquire 100 percent of the voting shares of The Posey County National Bank, Mount Vernon, Indiana. 1/ (4/30/86) San Francisco Wells Fargo & Company, San Francisco, California — for approval to acquire 100 percent of the voting shares of Crocker National Corporation, San Francisco, California, and indirectly Crocker National Bank, San Francisco, California. (4/29/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (5) of the Bank Holding Company Act of 1956 Approved Philadelphia 1/ Independence Bancorp, Inc., Perkasie, Pennsylvania — for approval to acquire 100 percent of the voting shares of Freedom Valley Bancshares, Ltd., West Chester, A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. - H. 2, 1986, No. 8 - 18 ACTIONS OF THE BOARD - Continued Pennsylvania, and indirectly Freedom Valley Bank, West Chester, Pennsylvania. 1/ (4/28/86) Cleveland Banc One Corporation, Columbus, Ohio — for approval to merge with Money Management Corporation, Merrillville, Indiana, and indirectly Bank of Indiana, N . A . , Gary, Indiana. (4/28/86) Atlanta Mid State Banks, Inc., Dublin, Georgia (formerly Dublin Bancshares, Inc.) — for approval to merge with Pineview Bankshares, Inc., Pineview, Georgia, and indirectly acquire Pineview State Bank, Pineview, Georgia, and Flint Bancshares, Inc., Cordele, Georgia, and indirectly acquire Cordele Banking Company, Cordele, Georgia. 1/ (5/2/86) St. Louis Farmers Capital Bank Corporation, Frankfort, Kentucky — for approval to acquire 100 percent of the voting shares of Farmers Bancshares of Georgetown, Georgetown, Inc., Kentucky, and indirectly Farmers Bank of Georgetown, Georgetown, Kentucky. 1/ (4/30/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 4 ( c ) (8) of the Bank Holding Company Act of 1956 Withdrawn Atlanta First Alabama B a n c s h a r e s ,I n c ., Montgomery, Alabama — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, First Alabama Investments, Inc., Birmingham, Alabama. 3/ (4/28/86) Kansas City Fourthco, Inc., Tulsa, Oklahoma — to acquire two subsidiaries of Fourth National Corporation; Diversfied Mortgage and Investment Company and Fourth Investment Advisors, Inc., both located in Tulsa, Oklahoma. (3/26/86) 1/ Application processed on behalf of the Board of Governors under delegated authority. 3/ N o t i f i c a t i o n p r o c e s s e d by Re s e r v e Bank on b e h a l f of the B o a r d of G o v e r n o r s \inder d e l e g a t e d authority. -9- H. 2 , 1986, No. 18 ACTIONS OF THE BOARD - Continued Approved Cleveland AmeriTrust Corporation, Cleveland, Ohio — to acquire Franklin Financial Corporation, and Franklin Mortgage Corporation, both of Indianapolis, Indiana. 1/ (4/29/86) Cleveland First National Cincinnati Corporation, Cincinnati, Ohio, to acquire PNB Insurance Agency, Inc., and First In-Leasing, Inc., all of Lawrenceburg, Indiana. 1/ (4/30/86) Chicago Mahaska Investment Company, Oskaloosa, Iowa — to engage de novo in providing data processing services. 1/ (5/1/86) Dallas Cullen/Frost Bankers, Inc., San Antonio, Texas, to engage de novo in discount securities brokerage activities including certain securities credit and incidental activities through a subsidiary known as Cullen/Frost Discount Brokers, Inc., San Antonio, Texas. 1/ (5/1/86) San Francisco Wells Fargo & Company, San Francisco, California — to acquire Crocker Mortgage Company, Inc., San Diego, California; Crocker Trust Company of California, Hawthorne, California; Crocker Financial Corporation, Limited, Honolulu, Hawaii; Crocker Life Insurance Company, San Francisco, California; Crocker Investment Management C o r p . , San Francisco, California; and CNC Insurance Agency, San Francisco, California. (4/29/86) 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. -10H.2, 1986, NO 18 ACTIONS OF THE BOARD - Continued Permitted Richmond Washington National Holdings, N.V., Curacao, Netherlands, Antilles; Colson, Inc., Wilmington, Delaware and Washington Bancorporation, Washington, D.C. to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, Washington Brokerage Services, Inc., Washington, D.C. The activities would be conducted nationwide. 3/ (5/1/86) Chicago Naper Financial Corporation, Naperville, Illinois, to establish a de novo subsidiary, Naper Securities Corporation, Naperville, Illinois and to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities. 3/ (5/1/86) Chicago Peoples National Bancorp of America, Lawrenceburg, Indiana, to engage de novo (selling credit life, disability, or involuntary unemployment insurance) by retaining P.N.B. Insurance Agency, Inc., Lawrenceburg, Indiana. 3/ (4/30/86) San Francisco Bancorp Hawaii, Inc, Honolulu, Hawaii, to expand the activities of its subsidiary Bancorp Insurance Agency of Hawaii, Honolulu, Hawaii,and to engage de novo (selling credit life, disability, or involuntary unemployment insurance on mortgage loans) made by The Bancorp Hawaii Inc. organization 3/ (4/26/86) San Francisco Wells Fargo & Company, San Francisco, California, to acquire Crocker Mortgage Company, Inc., San Diego, California; Crocker Trust Company of California, Hawthorne, California; Crocker Financial Corporation, Limited, Honolulu, Hawaii; Crocker Life Insurance Company, San Francisco, California; Crocker Investment Management C o r p . , San Francisco, California; and CNC Insurance Agency, San Francisco, California. 3/ N o t i f i c a t i o n p r o c e s s e d by Re s e r v e B a n k on b e h a l f of the B o a r d of G o v e r n o r s u n d e r d e l e g a t e d authority. H.2., 1986 No. 18 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant To Section 9 of the Federal Reserve Act Received Richmond First Commercial Bank, Arlington, Virginia — to establish a branch at Boston's Corner, 6661 Old Dominion Drive, McLean, Virginia. / 2 Richmond First Virginia Bank-Southside, Farmville, Virginia — to establish a branch in the Longwood Village Shopping Center, 1510 South Main Street, Farmville, Virginia 2/ Atlanta Enterprise Bank of Florida, Miami Lakes, Florida — to establish a branch at 12515 North Kendall Drive, Miami, Florida, to be known as the Kendall Corporate Center Branch. 2/ Atlanta Regency Bank of Florida, Tampa, Florida — to establish a branch at 707 South Parsons Avenue, Brandon, Florida, to be known as the Regency Bank of Florida Brandon Banking Center Branch. 2/ * * * * * To M e rge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Received Richmond Putnam County Bank, Hurricane, West Virginia — to merge with PCB Bank Company, Inc., Hurricane, West Virginia (a proposed new bank) 2/ Chicago Security Bank and Trust Company, Southgate, Michigan — to merge with Security Bank Oakland County, Novi, Michigan. 2/ * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. -12H.2., 1986 No. 18 APPLICATIONS RECEIVED - Continued Received Richmond PCB Bank Company, Virginia. 2/ Inc., Hurricane, West Chicago New First Union Bank and Trust Company, Medaryville, Indiana. 2/ * * * * * Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 2 5 (a) of the Federal Reserve Act and Sections 4(c)(9), 4 ( c ) (13) and 4 ( c ) (14) of the Bank Holding Company A c t of 1956, as amended Received Cleveland PNC International Bank, Pittsburgh, Pennsylvania — request consent to invest in its indirect subsidiary, PNC International Finance Limited, Sydney, Australia. * * * * * To Form a Bank Holding Company Pursuant to Section 3 ( a ) (1) of the Bank Holding Company A ct of 1956 Received Philadelphia Penn Rock Financial Services, Inc., Blue Ball, Pennsylvania — for approval to acquire 100 percent of the voting shares of Blue Ball National Bank, Blue Ball, Pennsylvania, a proposed new bank. 2/ Cleveland Correction in H.2 14, Harco Bankshares, Inc., Harlan, Kentucky, to acquire The Harlan National Bank, Harlan, Kentucky, appeared as a 3 ( a ) (3) have appeared under 3 ( a ) (1). Richmond Putnam Bancshares, Inc., Hurricane, West Virginia — for approval to acquire 100 percent of the voting shares of Putnam County Bank, Hurricane, West Virginia. 2/ Chicago Iowa State Bank Holding Company, Des Moines, Iowa — for approval to acquire 90 percent of the voting shares of Iowa State Bank, Des Moines, Iowa. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. - H.2., 1986 No. 13 - 18 APPLICATIONS RECEIVED - Continued Chicago Rock River Bancorporation, Inc., Oregon, Illinois — for approval to acquire 100 percent of the voting shares of United Bank of Ogle County, N.A., Oregon, Illinois. 2/ Kansas City Century Bancorporation Employee Stock Ownership Trusts I and II, Tulsa, Oklahoma — for prior approval to acquire 29.22 percent of the voting shares of Century Bancorporation, Tulsa, Oklahoma, and indirectly Century Bank, Tulsa, Oklahoma. 2/ Kansas City First Canon Bancorp, I n c . , Canon City, Colorado — for approval to acquire at least 80 percent of the voting shares of The First National Bank of Canon City, Canon City, Colorado. 2/ Dallas Capital Reserves Group, Inc., College Station, Texas — for approval to acquire 100 percent of the voting shares of UnitedBank-College Station, N.A., College Station, Texas. 2/ Dallas Liberty County Bancshares, Inc, Houston, Texas — for approval to acquire 100 percent of the voting shares of First State Bank, Liberty, Texas. 2/ Dallas Western Bancshares of Clovis, Inc., Clovis, New Mexico — for approval to acquire at least 80 percent of the votings shares of Western Bank of Clovis, Clovis, New Mexico. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (3) of the Bank Holding Company Ac t of 1956 Received Cleveland 27 AmeriTrust Corporation, Cleveland, Ohio, and First Indiana Bancorp, Elkhart, Indiana, to acquire 100 percent of the voting shares of State Bank of Lima, Howe, Indiana. 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment neri o d , -14H.2., 1986 No. 18 APPLICATIONS' R E C E I V E D - C o n t i n u e d Chieaao American Fletcher Corporation, Indianapolis, Indiana — for approval to acquire 94.8 percent of the voting shares of Carmel Bank and Trust Company, Carmel, Indiana. 2/ Chicago St. Joseph Bancorporation, Inc., South Bend, Indiana — for approval to acquire 100 percent of the voting shares of the successor by merger to First Union Bank and Trust Company, Winamac, Indiana. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (5) of the Bank Holding Company Act of 1956 Received Cleveland Banc One Corporation, Columbus, Ohio — for approval to merge with Marion Bancorp, Marion, Indiana, and indirectly acquire First National Bank in Marion, Marion, Indiana. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4 ( c ) (8) of The Bank Holding Company A ct of 1956 Received New York Chase Manhattan Corporation and Chase Manhattan National Corporation, New York, New York, and Chase Manhattan National Holding Corporation, Newark, Delaware, to engage de novo (underwriting credit life and disability insurance on consumer loans) through its subsidiary, Western Hemisphere Life Insurance Company. These activities will be conducted in the following states: Arizona, California, Colorado, Connecticut, Florida, Georgia, Maryland, Minnesota, Oklahoma, Texas, Utah, Massachusetts, Illinois, New Jersey, Pennsylvania, Indiana, Louisiana, Missouri, North Carolina, Oregon, Tennessee, Virginia and Washington. (5/2/86) New York First Jersey National Corporation, Jersey City, New Jersey, to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a consumer 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. - H.2., 1986 No. 15- 18 APPLICATIONS RECEIVED - Continued finance company; a commercial finance c o m p a n y ) . The activity will be conducted throughout the United States. (4/29/86) Chicago Iowa State Bank Holding Company, Des Moines, Iowa — for approval to engage through its subsidiary, Bankers Leasing Company, Des Moines, Iowa, in leasing personal or real property. Chicago Keystone Bancshares, Inc., Monona, Iowa — for approval to engage de novo in lending activities for the purpose of purchasing loans from its subsidiary, Peoples State Bank, Elkader, Iowa, its affiliate Union State Bank, Monona, Iowa, and its correspondent b a n k s , The National Bank of Waterloo, Waterloo, Iowa, and The Marquette National Bank of Minneapolis, Minneapolis, Minnesota. Minneapolis First Bank System, Inc., Minneapolis, Minnesota — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a commercial finance company; an agricultural l e n d e r ) . The activity will include the administration, management collection, and liquidation of transferred assets. The activity will be conducted by FBS Credit Services, Inc., Minneapolis, Minnesota, Montana, North Dakota and South Dakota. (5/2/86) Dallas Texas Valley Bancshares, Inc., Weslaco, Texas — for approval to acquire 100 percent of the voting shares of Texas Valley Information Systems, Inc., Weslaco, Texas San Francisco Midland Bank PLC, London, England, to engage de novo (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 Midland-Montage Municipal Securities, Inc., San Francisco, California. (4/30/86) 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. -16H.2., 1986 No. 18 APPLICATIONS RECEIVED - Continued San Francisco Moore Financial Group Incorporated, Boise, Idaho, to engagede novo(making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company; commercial finance company; engaging in full pay-out personal and real property leasing) through Moore Financial Services Incorporated, Boise, Idaho. These activities will be conducted through the entire United States. (4/30/86) San Francisco San Diego Financial Corporation, San Diego, California, to engagede novo(discount securities brokerage activities including certain securities credit and incidental activities; 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 SDT Discount Brokerage, Inc., San Diego, California. (5/1/86) * * * * * Applications to the Board of Governors of the Federal Reserve System for Prior Approval of an Acquisition Pursuant to Section 5 (b) of the Bank Service Corporation As Amended Received Kansas City Central Bank of Denver, Denver, Colorado — for approval to acquire 50 percent of the voting shares of Rocky Mountain Bank Card System, Inc., Denver, Colorado, a bank service corporation. 2 / Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. v,‘ '
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