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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1987, No. 22 Actions of the Board Applications and Reports Received During the Week Ending May 30, 1987 ACTIONS OF THE BOARD Statement of forms to be used by financial institutions acting as government securities brokers or government securities dealers to report their status under the Government Securities Act of 1986 (R-0596). Boston Cornerstone Bank, Nashua, New Hampshire — proposed acquisition of the assets and assumption of deposit liabilities of the Nashua, New Hampshire, office of Arnoskeag Bank, Manchester, New Hampshire. 1/ Boston Merchants Bank of Boston, A Co-operative Bank, Boston, Massachusetts — proposed merger with MCB Trust Company, Boston, Massachusetts — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Boston Livermore Bankshares, Livermore Falls, Maine — extension to August 26, 1987, to acquire Livermore Falls Trust Company. 1/ Boston Damariscotta Bankshares, Inc., Damariscotta, Maine — extension to September 1, 1987, to acquire Damariscotta Bank and Trust Company. 1/ Boston Old Town Bancshares Corp., Abington, Massachusetts — extension to September 6, 1987, to acquire The Abington National Bank. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 2 ACTIONS OF THE BOARD - Continued Philadelphia Dauphin Deposit Bank & Trust Company, Harrisburg, Pennsylvania — proposed merger with New Holland Farmers National Bank, New Holland, Pennsylvania — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Philadelphia Liberty Bank of Carbondale, Pennsylvania — proposed merger with First Eastern National Bank, Wilkes-Barre, Pennsylvania — report to the Comptroller of the Currency on competitive factors. 1/ Philadelphia Merchants Bank, N.A., Allentown, Pennsylvania — proposed purchase and assumption of six branches of Fidelity Bank, N.A., — report to the Comptroller of the Currency on competitive factors. 1/ Richmond Washington Bancorporation, Washington, D.C. and Washington National Holdings, N.V., Curacao, Netherlands Antilles — extension to August 21, 1987, to engage de novo in real estate appraisals through Washington Mortgage Group, Inc., Washington, D.C. 1/ Richmond PNB Financial Corporation, Warrenton, Virginia — extension to August 25, 1987, to acquire The Peoples National Bank of Warrenton. 1/ Richmond City Holding Company, Charleston, West Virginia — extension to September 5, 1987, to acquire The Peoples Bank of Point Pleasant, Point Pleasant, West Virginia. 1/ Atlanta CB&T Bancshares, Inc., Columbus, Georgia — extension to September 4, 1987, to engage de novo in investment advisory services through Calument Investment Advisors, Inc., Columbus, Georgia. 1/ Chicago Comerica Bank-Detroit, Michigan — to establish a branch at '415 Fisher Road, Grosse Pointe, Michigan, incidental to merger with Comerica Bank-Grosse Pointe, N.A. 1/ Chicago Comerica Bank-Detroit, Detroit, Michigan — extension to August 20, 1987, to merge with Comerica Bank-Grosse Pointe, N.A., Grosse Pointe, Michigan. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 3 ACTIONS OF THE BOARD - Continued Chicago The Citizens National Bank of Charles City, Charles City, Iowa -- proposed purchase of assets and assumption of liabilities of Commercial Trust and Savings Bank, Charles City, Iowa — report to the Comptroller of the Currency on competitive factors. 1/ St. Louis Commercial Bank, Obion, Tennessee — proposed merger with Commercial Interim Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Kansas City United Bank of Boulder, Boulder, Colorado — proposed merger with IntraWest Bank of Boulder, N.A., report to the Comptroller of the Currency on competitive factors. 1/ Dallas Goliad Bancshares, Inc., Goliad, Texas — extension to August 4, 1987, to acquire First National Bank of Goliad. 1/ San Francisco Seattle Trust & Savings Bank, Seattle, Washington — proposed merger with Northwest Bank, and Cascade Security Bank, Enumclaw, Washington — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ San Francisco Mid-State Bank, Arroyo Grande, California — proposed purchase of assets and assumption of liability to pay deposits made in the Lompoc Branch of Wells Fargo Bank, N.A., San Francisco, California — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ San Francisco Bank of Fresno, Fresno, California — proposed merger with The Sequoia Community Bank, Sanger, California — report to the Federal Deposit Insurance Corporation on competitive factors. 1/* * * * * * 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 4 ACTIONS OF THE BOARD - Continued To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Approved Cleveland The Cortland Savings Banking Company, Cortland, Ohio — to establish a branch through the acquisition of liabilities of the Mantua Office of First Nationwide Bank, Mantua, Ohio. 1/ (5/28/87) Richmond Peoples Bank of Virginia, Richmond, Virginia — to retain its present Main Office location at 5756 Hopkins Road, Richmond, Virginia, as a branch office, upon the relocation of the Main Office to the site now occupied by its branch at 9970 Iron Bridge Road, Chesterfield, Virginia. 1/ (5/28/87) San Francisco First Interstate Bank of California, Los Angeles, California — to establish a branch at 9616 Micron Valley Avenue, in the City and County of Sacramento, State of California. 1/ (5/20/87) San Francisco First Interstate Bank of California, Los Angeles, California — to establish a branch located at 199 South Los Robles Avenue in the City of Pasadena, County of Los Angeles, State of California. 1/ (5/21/87) San Francisco First Interstate Bank of California, Los Angeles, California — to establish a branch located at 3759 State Street, Suite 1, in the City and County of Santa Barbara, State of California. 1/ (5/21/87) * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Cleveland Sandusky Interim Bank, Sandusky, Ohio. (5/28/87) Atlanta Central Bank of Shelby County, Shelby County, Alabama. 1/ Atlanta Independent Bank of Ocala, Ocala, Florida. 1/ (5/26/87) 1/ 1/ Application processed on behalf of the Board of Governor under delegated authority. H.2, 1987, No. 22 5 ACTIONS OF THE BOARD - Continued To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Approved Cleveland Sandusky Interim Bank, Sandusky, Ohio — merge with Citizens Banking Company, Sandusky, Ohio. 1/ (5/28/87) to * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Returned Cleveland First Grayson Bancorp, Inc., Grayson, Kentucky — for approval to acquire 100 percent of the voting shares of The First National Bank of Grayson, Grayson, Kentucky. (5/26/87) * * * * * Approved New York Norwood Associates II, Hackensack, New Jersey — for approval to acquire 30.3 percent of the voting shares of Midland Bancorporation, Paramus, New Jersey, and indirectly Midland Bank and Trust Company, Paramus, New Jersey. 1/ (5/22/87) Philadelphia Independent American Financial Corporation, Harrisburg, Pennsylvania — for approval to acquire 100 percent of the voting shares of The Dauphin National Bank, Dauphin, Pennsylvania. 1/ (5/22/87) Cleveland Eagle Fidelity, Inc., Williamstown, Kentucky — for approval to acquire 100 percent of the voting shares of The Bank of Williamstown, Williamstown, Kentucky. 1/ (5/29/87) Atlanta 1/ Peoples Bancshares, Inc., Clanton, Alabama for approval to acquire 71.65 percent of the voting shares of The Peoples Savings Bank, Clanton, Alabama. 1/ (5/27/87) Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 6 ACTIONS OF THE BOARD - Continued Chicago Greater Chicago Financial Corp., Chicago, Illinois — for approval to acquire at least 80 percent of the voting shares of Austin Bank of Chicago, Chicago, Illinois. 1/ (5/19/87) Chicago Pearl City Bancorp, Pearl City, Illinois — for approval to acquire 100 percent of the voting shares of The State Bank of Pearl City, Pearl City, Illinois. 1/ (5/27/87) Minneapolis Cando Holding Company, Inc., Cando, North Dakota — for approval to acquire 100 percent of the voting shares of The First Bank Cando, N.A., Cando, North Dakota. 1/ (5/26/87) Minneapolis Coteau Hills Company, Gackle, North Dakota — for approval to acquire 100 percent of the voting shares of First State Bank of Gackle, Gackle, North Dakota. 1/ (5/20/87) Minneapolis Rolla Holding Dakota — for of the voting Rolla, Rolla, Kansas City FIN, Inc., Mesa, Arizona — for approval to acquire 100 percent of the voting shares of American National Bank of Afton, Afton, Wyoming. 1/ (5/28/87) Kansas City Nebraska Capital Corporation, Lincoln, Nebraska — for approval to acquire 100 percent of the voting shares of Havelock Bank, Lincoln, Nebraska. 1/ (5/22/87) Kansas City Security National Bancshares of Sapulpa, Inc., Sapulpa, Oklahoma — for approval to acquire at least 80 percent of the voting shares of Security National Bank of Sapulpa, Sapulpa, Oklahoma. 1/ (5/21/87) Dallas The First National Bankshares, Inc., Tucumcari, New Mexico — for approval to acquire 100 percent of the voting shares of The First National Bank of Santa Rosa, Santa Rosa, New Mexico and The First National Bank in Tucumcari, Tucumcari, New Mexico. 1/ (5/26/87) 1/ Company, Inc., Rolla, North approval to acquire 100 percent shares of The First Bank of North Dakota. 1/ (5/19/87) Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 7 ACTIONS OF THE BOARD - Continued San Francisco CCB Financial Corporation, Sandy, Oregon — for approval to acquire 80 percent of the voting shares of Clackamas County Bank, Sandy, Oregon. 1/ (5/21/87) * * * * * To ExpanI a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Approved Philadelphia Commonwealth Bancshares Corporation, Williamsport, Pennsylvania — for approval to acquire 100 percent of the voting shares of First Bank of Troy, Troy, Pennsylvania. 1/ (5/22/87) Atlanta SouthTrust Corporation, Birmingham, Alabama ■— for approval to acquire 80 percent of the voting shares of Bank of Pensacola, Pensacola, Florida. 1/ (5/22/87) Atlanta SouthTrust Corporation, Birmingham, Alabama — for approval to acquire 80 percent of the voting shares of Central Bank of Volusia County, South Daytona, Florida. 1/ (5/22/87) Chicago Banks of Iowa, Inc., Des Moines, Iowa — for approval to acquire 100 percent of the voting shares of Central Trust and Savings Bank, Eldridge, Iowa. (5/26/87) Chicago Chemical Financial Corporation, Midland, Michigan — for approval to acquire 100 percent of the voting shares of Manufacturers Bank of Bay City, Bay City, Michigan. 1/ (5/27/87) Chicago First Chicago Corporation, Chicago, Illinois — for approval to acquire 100 percent of the voting shares of Beneficial National Bank USA, Wilmington, Delaware. (5/26/87) Chicago First of America Bank Corporation, Kalamazoo, Michigan and First of America Bancorporation - Illinois, Inc., Libertyville, Illinois — for approval to acquire BancServe Group, Inc., Rockford, Illinois, and indirectly City National Bank & Trust Company of Rockford, Rockford, Illinois, and Boone State Bank, Belvidere, Illinois. 1/ (5/29/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 8 ACTIONS OF THE BOARD - Continued Chicago First Wisconsin Corporation, Milwaukee, Wisconsin — for approval to acquire 100 percent of the voting shares of North Shore Bancorp, Inc., Northbrook, Illinois, and indirectly Bank of the North Shore, Northbrook, Illinois. 1/ (5/29/87) Chicago GreatBanc, Inc, Aurora, Illinois — for approval to acquire 82 percent or more of the voting shares of Evco, Inc., Chicago, Illinois and indirectly Evanston Bank, Evanston, Illinois. 1/ (5/21/87) Chicago The Marine Corporation, Milwaukee, Wisconsin — for approval to acquire 100 percent of the voting shares of Banco di Roma, Chicago, Illinois. 1/ (5/19/87) St. Louis Union Planters Corporation, Memphis, Tennessee — for approval to acquire at least 90 percent of the voting shares of First BancCrossville, Inc., and indirectly The First National Bank of Crossville, Crossville, Tennessee. 1/ (5/29/87) Kansas City United Missouri Bancshares, Inc., Kansas City, Missouri — for approval to acquire 100 percent of the voting shares of FCB Corp., Collinsville, Illinois and indirectly The First National Bank of Collinsville, Collinsville, Illinois; First County Bank of Maryville, Maryville, Illinois; and First State Bank of Morrisonville, Morrisonville, Illinois. (5/28/87) San Francisco U.S. Bancorp — for approval to acquire 100 percent of the voting shares of U.S. Bank of Utah, Salt Lake City, Utah. 1/ (5/29/87) San Francisco U.S. Bancorp, Portland, Oregon — for approval to acquire 100 percent of the voting shares of Old National Bancorporation, Spokane, Washington and indirectly Old National Bank of Washington, Spokane, Washington and First National Bank in Spokane, Spokane, Washington. 1/ (5/29/87) San Francisco U.S. Bancorp, Portland, Oregon — for approval to acquire 100 percent of the voting shares of Heritage Bank, Camas, Washington. 1/ ,(5/29/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 9 ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Approved Philadelphia Commonwealth Bancshares Corporation, Williamsport, Pennsylvania — for approval to merge with County Bancorp, Inc., Montrose, Pennsylvania, and indirectly County National Bank of Montrose, Montrose, Pennsylvania. 1/ (5/22/87) Chicago First of America Bancorporation - Illinois, Inc, Libertyville, Illinois — for approval to merge with BancServe Group, Inc., Rockford, Illinois and indirectly acquire City National Bank & Trust Company of Rockford, Rockford, Illinois and Boone State Bank, Belvidere, Illinois. 1/ (5/29/87) * * * * * To Expand A Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Moot Chicago First Chicago Corporation, Chicago, Illinois — for approval to acquire Beneficial National Bank USA, Wilmington, Delaware and engage in credit card operations. (5/26/87) * * * * * Returned St. Louis Independent Southern Bancshares, Inc., Brownsville, Tennessee — to engage de novo (advising a company registered under the Investment Company Act of 1940). 3/ (5/27/87) St. Louis Independent Southern Bancshares, Inc., Brownsville, Tennessee — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a consumer finance company). 3/ (5/27/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 10 ACTIONS OF THE BOARD - Continued St. Louis West Tennessee Bancshares, Inc., Bartlett, Tennessee — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through its subsidiary, Bartlett Securities Corporation, Bartlett, Tennessee. 3/ (5/28/87) Approved New York Chemical New York Corporation, New York, New York — for approval to expand the activities of its subsidiary, Chemical Trust Company of Florida, N.A., Palm Beach, Florida, to include the acceptance of savings, time, and demand deposits and the making of consumer loans. (5/29/87) Chicago First of America Bank Corporation, Kalamazoo, Michigan and First of America Bancorporation -Illinois, Inc., Libertyville, Illinois — for approval to acquire BancServe Credit Life Insurance Company, Rockford, Illinois and thereby engage in underwriting credit, accident and health insurance which is directly related to an extension of credit. 1/ (5/29/87) Chicago United Community Financial Corporation, Wayland, Michigan — for approval to acquire certain assets of McIntyre & Associates Insurance located in Clarksville, Michigan, through its wholly-owned subsidiary, A.H. Johnson Agency, Inc., and engage in general insurance activities. 1/ (5/26/87) San Francisco Alex Brown Financial Group, Sacramento, California — for approval to acquire a 50 percent interest in River City Money Management Company, Sacramento, California, from RCB Corporation, and thereby create a joint venture. 1/ (5/22/87) San Francisco RCB Corporation, Sacramento, California — for approval to sell 50 percent interest in its subsidiary, River City Money Management Company, Sacramento, California, to Alex Brown Financial Group, Sacramento, California, and thereby create a joint venture. 1/ (5/22/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. 3/ Notificatioi processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 11 ACTIONS OF THE BOARD - Continued San Francisco U.S. Bancorp, Portland, Oregon — for approval to acquire Investment & Securities Company, Spokane, Washington. Company is inactive at this time; Escrow Cascade Escrow Company, Spokane, Washington. Company is inactive at this time. Bancshares Mortgage Company, Spokane, Washington and thereby engage in mortgage banking and servicing and credit related insurance; Compass Group, Inc., Spokane, Washington, and thereby engage in investment advising; Old National Life Insurance Company, Spokane, Washington, and thereby engage in underwriting, as reinsurer, credit related insurance; Union Securities Company, Spokane, Washington, and thereby engage in credit related insurance sales; Old National Leasing Company, Spokane, Washington, and thereby engage in leasing activities; Old National Financial Services, Inc., Spokane, Washington and thereby engage in consumer finance and credit related insurance sales. 1/ (5/29/87) * * * * * Permitted Richmond Carolina Mountain Holding Company, Highlands, North Carolina — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company) through its subsidiary, CM Mortgage, Inc., Highlands, North Carolina. The activity would be conducted in the State of North Carolina. 3/ (5/28/87) San Francisco Learner Financial Corporation, Orinda, California — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them) through Learner Financial Corporation Information Systems Division, Walnut Creek, California. 3/ (5/29/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. 3/ Notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 12 ACTIONS OF THE BOARD - Continued * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 Approved Kansas City Pender State Corporation, Pender, Nebraska. 1/ (5/27/87) San Francisco Area Financial Corporation, Redwood City, California. 1/ (5/22/87) San Francisco Area Financial Corporation, Redwood City, California. 1/ (5/22/87) 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1987, No. 22 13 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received New York U.S. Trust Company of New York, New York, New York — to establish a branch office in the intersection of Park Avenue and East 40th Street, New York, New York; and to relocate its Head Office from 45 Wall Street to 120 West 47 Street, New York, New York. 2/ Richmond Central Fidelity Bank, Richmond, Virginia — to establish a branch at 13716 Smoketown Road, Dale City, Virginia. 2/ Richmond United Virginia Bank, Richmond, Virginia — to establish a branch in the proposed Pocono Crossing Shopping Center, at the intersection of Midlothian Turnpike and Sturbridge Drive, Richmond, Virginia. 2/ St. Louis Landmark Bank of Fairview Heights, Illinois — to establish a branch at Highway 159 and Drake Road, Fairview Heights, Illinois. 2/ San Francisco First Interstate Bank of California, Los Angeles, California — application made for branch office to be located at 199 South Los Robles Avenue in the City of Pasadena, County of Los Angeles, State of California. 2/ San Francisco First Interstate Bank of California, Los Angeles, California — application made for branch office to be located at 9616 Micron Valley Avenue, in the city and county of Sacramento, State of California. 2/ San Francisco First Interstate Bank of California, Los Angeles, California — application made for branch office to be located at 3759 State Street, Suite 1, in the city and county of Santa Barbara, State of California. 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, 1987, No. 22 14 APPLICATIONS RECEIVED - Received To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Received Richmond United Bank and Trust Company of Maryland, Upper Marlboro, Maryland. 2/ San Francisco Mid-Peninsula Bank, Palo Alto, California, (a proposed new bank) 2/ * * * * * To Merge Pursuant to Section 1 8 (c) of the Federal Deposit Insurance Act Received Dallas Security Bank, N.A., - Bay Area, Webster, Texas — to merge with Security Bank, Houston, Texas. 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 Act of 1956, as amended Received San Francisco U.S. Bancorp, Portland, Oregon — requested consent retroactively for unauthorized additional investment in U.S. World Trade, an export trading company, and to increase the current level of investment in U.S. World Trade. Other New York The Skandinaviska Enskilda Banken, Stockholm, Sweden — to maintain a branch at 245 Park Avenue, Borough of Manhattan, City of New York. New York Westdeutsche Landesbank Girozentrale, Dusseldorf, Germany — to acquire 51 percent of the shares of Vertex Business Systems, Inc., New York, New York, and thereby engage in certain nonbanking activities. 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, 1987, No. 22 15 APPLICATIONS RECEIVED - Received To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Received Boston Northern Bancorp, Inc., Woburn, Massachusetts ■— for approval to acquire 100 percent of the voting shares of Woburn Bank and Trust Company, Woburn, Massachusetts. 2/ New York The Mitsui Trust & Banking Co., Ltd,, Tokyo, Japan — for approval to acquire 100 percent of the voting shares of Mitsui Trust Bank, New York, New York a proposed new bank. 2/ Cleveland Bellbrook Bancorp, Inc., Bellbrook, Ohio — for approval to acquire 100 percent of the voting shares of The Bellbrook Community Bank, Bellbrook, Ohio. 2/ Cleveland Genbeach Company, Inc., Beattyville, Kentucky — for approval to acquire 57.2 percent of the voting shares of Peoples Exchange Bancorp, Beattyville, Kentucky, and indirectly Peoples Exchange Bank, Beattyville, Kentucky. 2/ Cleveland Peoples Bancorp, Inc., Marietta, Ohio — for approval to acquire 100 percent of the voting shares of First National Bank of Chesterhill, Chesterhill, Ohio. 2/ Cleveland PSL Financial Corporation, Cincinnati, Ohio — for approval to acquire 65.01 percent of the voting shares of Citizens State Bancorp, Cincinnati, Ohio and indirectly Citizens State Bank, Silverton, Ohio. 2/ Atlanta Tara Bancshares Corporation, Riverdale, Georgia — for approval to acquire 25 percent of the voting shares of Tara State Bank, Riverdale, Georgia. 2/ Chicago FGB Acquisition Company, Belleville, Illinois — for approval to acquire First Granite Bancorporation, Inc., Granite City, Illinois and indirectly First Granite City National Bank, Granite City, Illinois and Colonial Bank of Granite City, Granite City, Illinois. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1987, No. 22 16 APPLICATIONS RECEIVED - Received St. Louis Commercial Bancorp, Inc., Obion, Tennessee — for approval to acquire 100 percent of the voting shares of The Commercial Bank, Obion, Tennessee. 2/ St. Louis Farmers Bancorp, Inc., of Marion, Kentucky Marion, Kentucky — for approval to acquire 100 percent of the voting shares of Farmers Bank and Trust Company, of Marion, Marion, Kentucky. 2/ St. Louis First Northwest Bancshares, Inc., Kenton, Tennessee — for approval to acquire 100 percent of the voting shares of First State Bank, Kenton, Tennessee. 2/ Minneapolis Baron II Bancshares, Inc. White Bear Lake, Minnesota — for approval to acquire 95.5 percent of the voting shares of Security State Bank of Deer Creek, Deer Creek, Minnesota. 2/ Dallas Dublin Bancshares, Inc., Dublin, Texas — for approval to acquire 80 percent of the voting shares of First National Bank of Dublin, Dublin, Texas. 2/ Dallas First Albany Bancshares, Inc. Albany, Texas — for approval to acquire 100 percent of the voting shares of The First National Bank of Albany, Albany, Texas. 2/ San Francisco International Capital Trust Limited, Geneva, Chicago — for approval to acquire 75 percent of the voting shares of Western United National Bank, Los Angeles, California. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3 ( a ) (3) of the Bank Holding Company Act of 1956 Received Richmond 2/ Peoples Bancorporation, Rocky Mount, North Carolina — for approval to acquire 18.4 percent of the voting shares of Citizens National Bank, Winston-Salem, North Carolina. 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, 1987, No. 22 17 APPLICATIONS RECEIVED - Received Chicago Bosshard Financial Group, Inc., (formerly LaFarge Bancorp, Inc.) LaCrosse, Wisconsin -for approval tc acquire 89 percent of the voting shares of Farmer State Bank — Hillsboro, Hillsboro, Wisconsin. 2/ Chicago Bosshard Financial Group, Inc., (formerly LaFarge Bancorp., Inc.) LaCrosse, Wisconsin — for approval to acquire 89.5 percent of the voting shares of Grand Marsh Ba n k , Grand Marsh, Wisconsin. 2/ Chicago F & M Bancorporation, Inc., Kaukauna, Wisconsin — for approval to acquire at least 80 percent of the voting shares of The Security Bank, Amherst Junction, Wisconsin. 2/ St. Louis Country Bancorp, Inc., Mt. Olive, Illinois — for approval to acquire at least 93.7 percent of the voting shares of Montgomery County National Bank, Hillsboro, Illinois. 2/ St. Louis Magna Group, Inc., Belleville, Illinois — for approval to acquire through its subsidiary, FGB Acquisition Company, Belleville, Illinois, 100 percent of the voting shares of First Granite Bancorporation, Inc., Granite City, Illinois, and indirectly First Granite City National Bank, Granite City, Illinois and Colonial Bank of Granite City, Granite City, Illinois. 21 Minneapolis Zappco, Inc., St. Cloud, Minnesota — for approval to acquire 100 percent of the voting shares of Melrose Bancshares, Inc., Melrose, Minnesota and indirectly Melrose State Bank, Melrose, Minnesota. 2/ Dallas Henrietta Bancshares, Inc., Henrietta, Texas — for approval to acquire 80 percent of the voting shares of First State Bank, Hubbard, Texas, Hubbard, Texas. 2/ Dallas Longview Financial Corporation, Longview, Texas — for approval to acquire 50 percent of the voting shares of Lindale Bancshares, Inc., Lindale, Texas and indirectly Lindale State Bank, Lindale, Texas. 2/ 2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. II.2, 1987, No. 22 18 APPLICATIONS RECEIVED - Received To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Received Boston New Hampshire Savings Bank Corp., Concord, New Hampshire — for approval to merge with Seashore Bank Shares, Inc. Seabrook, New Hampshire and indirectly acquire Seabrook Bank and Trust Company, Seabrook, New Hampshire. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Received Boston Bank of Boston Corporation, Boston, Massachusetts — to engage de novo (engaging in full pay-out real property leasing) through BancBoston Leasing Services, Inc. The activity will be conducted on a nationwide basis. (5/29/87) New York Norstar Bancorp, Albany, New York — to engage de novo (underwriting credit life and disability insurance on consumer loans) through Norlife, Phoenix, Arizona. The activities will be conducted throughout the United States. (5/22/87) New York U.S.B. Holding Co., Inc., Nanuet, New York — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them) through its subsidiary, Automation Consultants, Inc., Nanuet, New York. The activities will be conducted in the state of New York. (5/26/87) Cleveland CORRECTION: Rurban Financial Corp., Defiance, Ohio — to engage de novo (selling credit life, disability, or involuntary unemployment insurance) through a yet to be formed subsidiary, should have appeared in H.2 No. 21 for the week ending May 23, 1987. (5/21/87) 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, 1987, No. 22 19 APPLICATIONS RECEIVED - Received Atlanta Florida National Banks of Florida, Inc., Jacksonville, Florida — to engage de novo (performing real estate appraisals) through its subsidiary, Florida Investment Management Company, Jacksonville, Florida. (5/26/87) Atlanta United Bancorporation of Alabama, Inc., Atmore, Alabama — to engage de novo (making, acquiring and/or servicing loans for itself or for others; engaging in full pay-out personal and real property leasing), through its subsidiary, Coastal Finance, Inc., Atmore, Alabama. (5/28/87) Chicago Bank of Montreal, Montreal, Quebec, Canada; Bankmont Financial Corp., New York, New York and Harris Bankcorp, Inc., Chicago, Illinois — to engage de novo (selling credit life, disability, or involuntary unemployment insurance, property and casualty insurance related to an extension of credit by a finance company; underwriting credit life and disability insurance) through its subsidiary, Harris Life Insurance Company, Scottsdale, Arizona. The activity will be conducted throughout the United States. (5/26/87) Chicago Edville Bankcorp, Inc., Villa Park, Illinois — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them) (5/26/87) St. Louis Independent Southern Bancshares Inc., Brownsville, Tennessee -- to engage de novo (making, acquiring and/or servicing loans for itself or for others; providing management consulting services to depository institutions). These activities will be conducted throughout the United States. (5/27/87) Minneapolis M & H Financial Services, Inc., Miller, South Dakota — to engage de novo (tax planning and preparation; providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them; consumer financial counseling). The activity will be conducted nationwide. (5/27/87) H.2, 1987, No. 22 20 APPLICATIONS RECEIVED - Received Mi nneapoli s Montana Bancsystem, Inc., Billings, Montana -- for approval to engage in general insur ance agency activities. Kansas City Omnibancorp, Denver, Colorado -- for approval to acquire MSHC, Inc., Denver, Colorado, and thereby engage in the activity of making and servicing loans aw would be conducted by a mortgage company. Dal las West Bancshares, Inc., West, Texas - - t o engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company; consumer finance company; commercial finance company. (5/27/87)
@FedFRASER