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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1983 No. 44
Actions of the Board; A p p l i c a t i o n s and Reports
Received During the Week Ending November 5, 1983
APPLICABLE
RESERVE BANK
ACTIONS OF THE BOARD
Regulation Y, the Board announced t h a t i t intends
promptly t o seek p u b l i c comment upon a proposal
t o e l i m i n a t e the requirement i n Regulation Y t h a t
bank holding companies must demonstrate consumer
or other p u b l i c b e n e f i t i n order to engage in the
a c t i v i t y of underwriting c r e d i t l i f e and c r e d i t
accident and health insurance.
Boston
F i r s t Vermont Bank and Trust Company, B r a t t l e b o r o ,
Vermont, proposal t o merge with The New F i r s t Bank,
B r a t t l e b o r o , Vermont; report t o the Federal Deposit
Insurance Corporation on competitive f a c t o r s . ]_/
New York
Citibank Overseas Investment Corporation, Wilmington,
Delaware, extension of time t o December 21, 1984,
t o acquire i n d i r e c t l y , through Banco Internacional de
Colombia, S . A . , a d d i t i o n a l shares of Compania
Colombiana de Financiamentos, S . A . , Bogota, Colombia. ]_/
Philadelphia
F i r s t National Bank of Berwick, Berwick, Pennsylvania,
proposal t o merge h i t h FKC I n t e r i m National Bank,
Berwick, Pennsylvania, under the charter of the
l a t t e r and w i t h the t i t l e of the former; report
to the Comptroller of the Currency on competitive
factors. \J
Philadelphia
Lake A r i e l Bancorp, I n c . , Lake A r i e l , Pennsylvania,
extension of time t o February 8, 1984, w i t h i n which
t o become a bank holding company through the a c q u i s i t i o n
of 100 percent of the v o t i n g shares of The F i r s t
National Bank of Lake A r i e l , Lake A r i e l , Pennsylvania. ]_/
Cleveland
Belmont Bancorp., B r i d g e p o r t , Ohio, extension of time
to January 31, 1984, w i t h i n which to acquire Belmont
County National Bank, S t . r i a i r s v i l l e , Ohio. ]_/
1/
~
A p p l i c a t i o n processed on behalf of the Board of Governors under
delegated a u t h o r i t y .
H.2, 3983 NO. 44
2 ACTIONS OF THE BOARD - Continued
Richmond
St. Micn^eis Bank, St. Michaels, Maryland, an
invesrrent in bank premises. 2 /
RicNrr-
Peoples Rank of Bluewell, Bluewell, West V i r g i n i a ,
proposed merger with PBB Bank Co., Bluewell,
West V i r g i n i a ; report to the Federal Deposit
Insurance Corporation on competitive factors. ] /
First Union National Bank, Charlotte, North Carolina,
proposed merger with Piedmont Bank and Trust Company,
Davidson, North Carolina; report to the Comptroller
of the Currency on competitive factors. J /
Rilhmond
Shawsville Bancorp, I n c . , Shawsville, V i r g i n i a , extension
of time to December 10, 1983, to become a bank holding
company through the acquisition of Bank of Shawsville,
Shawsville, V i r g i n i a . ] /
Richmond
Republic Pancorp of S. C., Columbia, South Carolina,
extension of time to February 5, 1984, within which
to become a bank holding company through the acquisition
of Republic National Bank, Columbia, South Carolina. J_/
Atlanta
Cypress Banks, I n c . , Wesley Chapel, Florida, extension
of time to February 6, 1984, within which to become
a bank holding company through the acquisition of
First National Bank of the South, Wesley Chapel,
F l o r i d a . ]_/
Atlanta
Barnett Banks of F l o r i d a , I n c . , Jacksonville, Florida,
extension of time to January 25, 1984, within which
to acquire Barnett Bank of Osceola County, N.A.,
Kissimmee, Florida. 2 /
Atlanta
First National Bank of Jackson, Jackson, Mississippi,
proposed merger with Canton Exchange Bank, Canton,
Mississippi; report to the Comptroller of the Currency
on c o r p e t i t i v e factors. J /
Atlanta
Commercial & Exchange Bank, Bremen, Georgia, proposed
rerger with First Railroad Bank of Bremen, Bremen,
f?nr(,id; report to the Federal Deposit Insurance
Corporation on competitive factors. ]_/
A11 H n t d
<ur Pank/MI Ithorough* Tampa, Florida, proposed merger
with Three offices of Flagship Bank of Tampa, Tampa,
Ftnndd% ff-frrf
the Federal Deposit insurance
('jr^ordMor
competitive factors. 1/
/
if at ior t rocesseft
Mf-legateo autnority.
11
the Board of Governors under
M M Wo, 44
nF THE BOARD - Continued
'"Mwgfi
Northern Indiana Bank and Trust Company, Valparaiso,
Indiana, proposal to merge with Portage National
%ank, Portage* Indiana, under the charter and t i t l e
Northern Indiana Bank and Trust Company; report
to the federal Deposit Insurance Corporation on
competitive factors. 1/
f :a$o
Jipson-farter State Bank, B l i s s f i e l d , Michigan, proposal
to merqp with JCS Bank, B I i s s f i e l d , Michigan, under
(he charter and t i t l e of The Jipson-Carter State Bank;
report to the Federal Deposit Insurance Corporation
on competitive factors. 2 /
'Mwgo
JAW Bamcshares Corp., Stanhope, Iowa, extension of time
to December 26, 1983, within which to become a bank
holding company through the acquisition of 80 percent
or more of the voting shares of Farmers State Bank,
Stanhope, Iowa. V
(Mcaso
Kalaror financial Corporation, WaTdron, Indiana,
extension of time to January 17, 1984, within which
to become a bank holding company through the
acquisition of 100 percent of the voting shares of
the successor by merger to The State Bank of Waldron,
taldron, Indiana. 2 /
< t . i ouis
fa^corp, I n c . , Hi IIsboro, I l l i n o i s , extension of
time to January ?3, 1984, within which to become a
han* rolding company through the acquisition of the
successor by merger to the Hi 11sboro National Bank,
1 Knnro, I l l i n o i s . J /
:":Hsboro National Bank, Hillsboro, I l l i n o i s , proposed
merger wit" the HNB Bank, N.A., Hillsboro, I l l i n o i s ;
report to fne Comptroller of the Currency on competitive
^actors, j y
. i
fdn
Ty 'A;^Hcat
f i r s t ^anon^i Rank of Magnolia, Magnolia, Arkansas,
proposed reryer with Interim Magnolia National Bank,
Mayno!ia, Arkansas; report to the Comptroller of
the Currency on competitive factors.
A^erxa^ National Hank of Lawton, Lawton, Oklahoma,
Terser witn The Sheridan Bank and Trust
' i ^ a r y , Ldwto^, Oklahoma; report to the Comptroller
r*
on competitive factors. J_/
:rr
r ^^ralf of the Board of Governors under
I
H.?. 1983 NO. 44
~ 4 ACTIONS OF THE BOARD - Continued
Dallas
Channel view Bank, Channel view* Texas, proposed merger
with New Channel view Bank, Channel view, Texas;
report to the Federal Deposit Insurance Corporation
on c o m p e t i t i v e factors. 1/
San
Francisco
Great Western Rank ( i n o r g a n i z a t i o n ) , D a l l a s , Oregon,
extension of time to January 7, 1984, w i t h i n which
t o become a member o f the Federal Reserve System. ]_/
San
Francisco
Bank o f S e a t t l e , S e a t t l e , Washington, proposed merger
w i t h B. o f 5. Bank, S e a t t l e , Washington, under the
charter and t i t l e of the former; report to the
Federal Deposit Insurance Corporation on competitive
factors. V
San
Francisco
Phantom Alaska Mutual Bank, Anchorage, Alaska, proposed
merger w i t h and i n t o Alaska Mutual Bank, Anchorage,
Alaska; r e p o r t t o the Federal Deposit Insurance
Corporation on competitive f a c t o r s . J_/
San
Francisco
Oregon Bank, P o r t l a n d , Oregon, proposed merger with
Southern Oregon State Bank, Grants Pass, Oregon, under
the c h a r t e r and t i t l e of the former; report to the
Federal Deposit Insurance Corporation on competitive
f a c t o r s . 1/
Jj
A p p l i c a t i o n processed on behalf o f the Board of Governors under
delegated a u t h o r i t y .
H.2, 1983 No. 44
- 5 ACTIONS OF THE BOARD - Continued
To E s t a b l i s h a Domestic Branch Pursuant t o
Section 9 of the Federal Reserve Act
New York
Approved
Central Trust Company, Rochester, New York. To
e s t a b l i s h two o f f s i t e e l e c t r o n i c f a c i l i t i e s at
the f o l l o w i n g l o c a t i o n s : 9045 State Road, Nunda,
New York and 1004 Culver Road, Rochester, New York. ]_/
Cleveland
The O r r v i l l e Savings Bank* O r r v i l l e , Ohio. To
e s t a b l i s h a branch at 204 South M i l l S t r e e t , Dal t o n ,
Ohio.]/
San
Francisco
F i r s t I n t e r s t a t e Bank o f C a l i f o r n i a , Los Angeles,
C a l i f o r n i a . To e s t a b l i s h a branch o f f i c e i n the
v i c i n i t y of the i n t e r s e c t i o n of Seventh Street and
Garland Avenue, City and County of Los Angeles,
California. V
*
*
*
*
*
To Become a Member of the Federal Reserve System Pursuant
to Section 9 of the Federal Reserve Act
Chicago
S t . Louis
Approved
American Bank of Bloomington, B1 oomington, I l l i n o i s . _]_/
MidAmerica Bank and Trust Company of Lebanon, Lebanon,
I l l i n o i s . 1/
*
*
*
*
*
To Merge Pursuant to Section 18(c) of the
Federal Deposit Insurance Act
Chicago
Approved
American Bank of Bloomington, Bloomington, I l l i n o i s ,
t o merge with American State Bank of Bloomington,
I l l i n o i s . 1/
*
]/
*
*
*
*
A p p l i c a t i o n processed on behalf of the Board of Governors under
delegated a u t h o r i t y .
H.2, 1983 No. 44
- 6 ACTIONS OF THE BOARD - Continued
Issued I n t e n t Not to Disapprove Change of Control
Pursuant t o Change i n Bank Control Act of 1978
Kansas C i t y
Not Disapproved
Cedar Vale Bank Holding Company, Cedar Vale, Kansas. 1 /
* * * * *
A p p l i c a t i o n s and N o t i f i c a t i o n s f o r I n t e r n a t i o n a l
Investments and Other Actions Pursuant t o Sections 25 and 25(a)
of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) , 4(c)(13) and 4 ( c ) ( 1 4 )
of the Bank Holding Company Act of 1956, as amended
Dallas
Boston
Approved
RepublicBank-Dal las I n t e r n a t i o n a l , an Edge Corporation
w i t h i t s home o f f i c e i n D a l l a s , Texas: granted
approval t o amend i t s A r t i c l e s of Association i n
order t o change the name of t h a t corporation t o
RepublicBank Dallas I n t e r n a t i o n a l . 1/ (11/1/83)
Sixty-Day N o t i f i c a t i o n Period Allowed to Expire
The F i r s t National Bank o f Boston, Boston, Massachusetts
no o b j e c t i o n t o e s t a b l i s h a branch i n Curacao, Netherlands Ant i n l e s .
Chicago
The F i r s t National Bank o f Chicago, Chicago, I l l i n o i s :
no o b j e c t i o n to purchase 60 percent of the shares of
Banco A r f i n a , S.A., Buenos A i r e s , Argentina, a
commercial bank and t o convert Banco A r f i n a , S.A.,
Buenos A i r e s , Argentina t o a branch of FNBC.
San
Francisco
S e a t t l e - F i r s t National Bank, S e a t t l e , Washington: to
make an a d d i t i o n a l investment i n S e a t t l e - F i r s t Bank
Canada, Vancouver, B r i t i s h Columbia, Canada.
*
]/
*
*
*
*
A p p l i c a t i o n processed on behalf of the Board of Governors under
delegated a u t h o r i t y .
H.2, 1983N0. 44
- 7ACTIONS OF THE BOARD - Continued
To Form a Bank Holding Company Pursuant to Section
3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956
Boston
Approved
Howard Bancorp, Burlington, Vermont, for approval to
acquire 100 percent of the voting shares of The
Howard Bank, Burlington, Vermont. 2 /
Philadelphia
B.M.J. Financial Corp., Bordentown, New Jersey, for
approval to acquire 100 percent of the v o t i n g shares
of The Bank of Mid-Jersey, Bordentown, New Jersey. 2 /
Philadelphia
CCFNB Bancorp, I n c . , Orangeville, Pennsylvania, for
approval to acquire 100 percent of the voting shares
of The Columbia County Farmers National Bank,
Orangeville, Pennsylvania. ] /
Philadelphia
First Keystone Corporation, Berwick, Pennsylvania, for
approval to acquire 100 percent of the voting shares
of The First National Bank of Berwick, Berwick,
Pennsylvania. ] /
Philadelphia
Fulton Financial Corporation, Lancaster, Pennsylvania,
for approval to acquire 100 percent of the voting
shares of The Farmers Trust Company of Lebanon,
Lebanon, Pennsylvania. ] /
Cleveland
F. Deposit Corporation, Flemingsburg, Kentucky, for
approval to acquire at least 92 percent of the v o t i n g
shares of Farmers-Deposit Bank, Flemingsburg, Kentucky. ]_/
Cleveland
First Bank of Kentucky Corporation, Maysville, Kentucky,
for approval to acquire at least 90 percent of the
voting shares of Bank of Maysville, Maysville,
Kentucky. 2 /
Cleveland
Greenville National Bancorp, Greenville, Ohio, for
approval to acquire 100 percent of the voting shares
of Greenville National Bank, Greenville, Ohio. 2 /
Cleveland
Kentucky Bancorporation, I n c . , Alexandria, Kentucky,
for approval to acquired at least 80 percent of the
voting shares of First National Bank and Trust
f m;any of Covington, Covington, Kentucky.
1/
processed on behalf of the Board of Governors under
authority.
# . 2 , S9#3 No. 44
ACTIONS Of THE
At 1§n
i
5%^ - Cont
Fychange Banksna^es* I r e . , Mi1ledgevi1 l e , Georgia,
for approval to uccuire 300 percent of the voting
shares of frchamge Bank * M l l e d g e v i l l e , Georgia. 2 /
At I f fit *
F i r s t Guaranty Bancshares, I n c . , Hammond, Louisiana,
for approval to acquire 100 percent of the voting
shares of First Guaranty Bank, Hammond, Louisiana. V
Atlanta
The Lawton Company, Sulphur, Louisiana, for approval
to retain WO percent of the voting shares of
William T. Burton Industries, I n c . , Lake Charles,
Louisiana, and indirectly acquire at least 75 percent
of the voting shares of Calcasieu Marine National
Bank, Lake Charles, Louisiana.
Atlanta
Woodbury Bancshares, I n c . , Woodbury, Georgia, for
approval to acquire at least 80 percent of the voting
shares of Woodbury Banking Company, Woodbury, Georgia. 2 /
Chicago
Columbia National Bancorp, I n c . , Chicago, I l l i n o i s ,
for approval to acquire 100 percent of the voting
shares of (less directors' qualifying shares) the
successor hy merger to Columbia National Bank of
Chicago, Chicago, I l l i n o i s .
Chicago
First Harvard Corporation, Harvard, I l l i n o i s , for
approval to acquire 100 percent of the voting shares
(less directors' qualifying shares) of the successor
by merger to First State Bank of Harvard, Harvard,
Hlinois. V
Chicago
Ontario Bancorporation, I n c . , Ontario, Wisconsin, for
approval to acquire at least 84.6 percent of the
voting shares of Bank of Ontario, Ontario, Wisconsin. 2 /
St. Louis
Clinton Bancshares, I n c . , L i t t l e Rock, Arkansas, f o r
approval to acquire 100 percent of the voting shares
of Clinton State Bank, Clinton, Arkansas. 2 /
St. i
Community Investment, I n c . , El kins, Arkansas, f o r approval
to accuire at least 80 percent of the voting shares of
Bank of Elkins, Elkins, Arkansas. 2 /
is
St. l o w s
T7
<*•** I
DuOuoin Bancorp, I n c . , OuCuom, I l l i n o i s , for approval
to acquire 100 percent of tne v o t i n g shares of the
Successor by r e r y e r to DuOuom National Bank,
PuOuOi% ! H ; r c » <. 1/
if a? sf# prmiesser no
**1 «sv? ho#
.
nf chr Board of Governors under
K..
- a - Continued
Z^ak^ta Maf e Sarkiry Company, I n c . , """ripp, gq^h
:, r a ^ r e v a l tc acquire 10^ percent of the
» c t s n a r e s or Dakota State Bank of Tripp, Tripp,
,:n dr Tc* *
»4' w% < i t )
Cuy
rroo%woo0 Parcsnares. i n c . , Oklahoma C i t y , Oklahoma,
for approval tc acquire at least 95 percent of the
voting shares cf Brookwooc National Bank, Oklahoma
, Cklj^ora. 2^
J . y . f , I n t e r e s t . I n c . , Albuquerque, New Mexico,
for approval to acquire at least 99 percent of the
voting snares of Southwest National Corporation,
AICLCwerque. New Mexico and indirectly Southwest
*<ationa; rank, Albuquerque, New Mexico. J /
^^tor ^ancs^ares. I n c . , Anton, Texas, for approval to
acquire uic percent of the voting shares of Citizens
Stat? Hart* Anton, Texas. 1/
y ixccrf a !-ant - o w ^ g company Pursuant to Section
:. a f ; n e
Parir
Company Act of 1956
Roster
Approved
-ank of Boston Corporation^ Boston, Massachusetts, for
approval to acquire more than 50 percent of the voting
shares of
Martha's Vineyard National Bank,
Vineyard Haver, Massachusetts. ] /
Citizens Bancorp, Riverdale, Maryland, for approval
to acquire up to 100 percent of the voting shares
of -eoples SecjrTty Bank of Maryland, Landover,
Mar/1aro.
f l a t Top ^a^»sr^rps, I n c . , Bluefield, West V i r g i n i a , for
approval to acouire up to 100 percent of the voting
sharr+s fi? trp successor by merger to Peoples Bank of
Hluewfii,
Kest V i r g i n i a .
AT'
e r f ' va' '
y,
char 4
1
un
'
p i r n i r g n ^ ^ ^ Alabama, for
at least 20 percent of the
TN. L f ^ t r National Rank, Cullman,
the Board of Governors under
— 10 —
H.2, 1983 No. 46
ACTIONS OF THE BOARD - Continued
Chicago
F i r s t M i d - I l l i n o i s Bancshares, I n c . , Mattoon, I l l i n o i s ,
f o r approval t o acquire 100 percent (less d i r e c t o r s '
q u a l i f y i n g shares) of the v o t i n g shares of the
successor by merger to Mattoon Bank, Mattoon, I l l i n o i s . ]_/
Chicago
F & M Financial Services Corporation, Menomonee F a l l s ,
Wisconsin, f o r approval t o acquire 100 percent (less
d i r e c t o r s ' q u a l i f y i n g shares) of the v o t i n g shares
of the successor by merger t o State Bank of S l i n g e r ,
S l i n g e r , Wisconsin. ]_/
S t . Louis
Schmid Brothers Investment Company, I n c . , Clayton,
M i s s o u r i , and Financial Bancshares, I n c . , Sunset
H i l l s , M i s s o u r i , f o r approval t o acquire at least
99 percent of the v o t i n g shares of Financial Bank
Centre of S t . Charles County, Lake St. Louis,
M i s s o u r i , a proposed new bank. V
Minneapol i s
Forstrom Bancorporation, I n c . , Clara C i t y , Minnesota,
f o r approval t o acquire 100 percent of the voting
shares of Security State Bank of Howard Lake, Howard
Lake, Minnesota. 1/
Kansas C i t y
F i r s t Enid, I n c . , Enid, Oklahoma, f o r approval to acquire
100 percent of the voting shares of Fairview State Bank,
F a i r v i e w , Oklahoma. V
Pal las
Commercial Bancshares, I n c . , Houston, Texas, f o r approval
t o acquire 100 percent of the voting shares of F i r s t
State Bank o f Cypress, Cypress, Texas. ]_/
Dal las
Texas American Bancshares I n c . , Fort Worth, Texas,
f o r approval to acquire 100 percent of the voting
shares of F i r s t Duncanville Corporation and
i n d i r e c t l y t o acquire F i r s t National Bank of Duncanville,
both of D u n c a n v i l l e , Texas. 1/
Dallas
Texas Capital Bancshares, I n c . , Houston, Texas, f o r
approval t o acquire at least 95.7 percent of the
v o t i n g shares of F i r s t National Bank of Katy, Katy,
Texas. 1/
*
J7
*
*
*
*
A p p l i c a t i o n processed on behalf of the Board of Governors under
delegated a u t h o r i t y .
H.2, 1983 N o . 4 4
- 11 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
Midwest Financial Group, I n c . , Peoria, I l l i n o i s ,
f o r approval t o merge w i t h CNB Bancorp, I n c . ,
Decatur, I l l i n o i s and i n d i r e c t l y with The Citizens
National Bank of Decatur, Decatur, I l l i n o i s . 1/
Chicago
*
*
*
*
*
To Expand a Bank Holding Company Pursuant to Section
4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956
Kansas C i t y
Boston
New York
J_/
2/
F i r s t Tulsa Bancorporation, I n c . , Tulsa, Oklahoma,
for approval to acquire 49 percent of Irwin
S e c u r i t i e s Corporation, Tulsa, Oklahoma, a
company engaged i n the a c t i v i t y of discount
brokerage s e r v i c e s . V
Permitted
Bank o f New England Corporation, Boston, Massachusetts,
n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s
( i n leasing real and personal property and in making
loans secured by mortgages and by s e c u r i t y i n t e r e s t s
i n equipment i n accordance with Regulation Y) at 50
Milk S t r e e t , Boston, Massachusetts, the service area
f o r these a c t i v i t i e s would be the United States and
f o r e i g n c o u n t r i e s , through i t s s u b s i d i a r y , NEMCO
Leasing Corporation (11/3/83) 2 /
C i t i c o r p , New York, New York , n o t i f i c a t i o n of i n t e n t
t o expand the a c t i v i t i e s of 80 o f f i c e s to include
the f o l l o w i n g a c t i v i t i e s (the sale of c r e d i t - r e l a t e d
l i f e , accident and health insurance by licensed agents
or b r o k e r s , as r e q u i r e d ; the sale of mortgage l i f e and
mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d to
extensions of mortgage loans; and the sale of c r e d i t r e l a t e d i n v o l u n t a r y unemployment insurance) at 2619
Blanding Avenue, Alameda; 479 S. Main S t r e e t , Angels
Camp; 18th & "A" S t r e e t s , Antioch; 1329 Broadway,
Atwater; 84 Solano Square, Benicia; 2323 Shattuck
Avenue, Berkeley; 1861 Solano Avenue, Berkeley: 1203
A p p l i c a t i o n processed on behalf of the Board of Governors under
delegated a u t h o r i t y .
4 f c X P ' n o t i f i c a t i o n processed by Reserve Bank on behalf of the the
Poard of Governors under delegated a u t h o r i t y .
K.2, 1983 No. 44
- 12 ACTIONS OF THE BOARD - Continued
Highway 4 (Golden Oaks Center), Brentwood; 1317 Lincoln
Avenue, Calistoga; 3820 Capitol a Road, Capitola; 563
Carmel Rancho Shopping Center, Suite 1, Carmel; 3550
Castro Valley Blvd., Castro Valley; 7381 Greenback
Lane, C i t r u s Heights; 5400 Ygnacio Valley Road, Clayton
V a l l e y ; 14340 Lakeshore Drive, Clearlake Highlands;
4482 Treat Blvd. (Bel Air Shopping Center), Concord;
480-E San Ramon Valley B l v d . , D a n v i l l e ; 10612 San
Pablo Avenue (Moeser Lane Center), El C e r r i t o ; 12223
"A" S t r e e t , Hayward; 2048 West Highway 88, (Amador
PIaza-Martel1), Jackson; 2033 Rail road Avenue (Depot
Plaza), livermore; 29 S Church S t r e e t , Lodi; 130 Main
S t r e e t , Los A l t o s ; 2310 Homestead Road, Los A l t o s ;
16879 Los Gatos B l v d . , Los Gatos; 3985 G S t r e e t ,
Merced; 21198 Cahstoga S t r e e t , Middletown; 446
Broadway, M i l l b r a e ; 130 Throckmortan Avenue, M i l l
V a l l e y ; 15 N M i l p i t a s Avenue (Beresford Square
Shopping Center), M i l p i t a s ; 1101 "J" S t r e e t , Modesto;
3430 T u l l y Road (Tully Manor Shopping Center), Modesto;
15900 Monterey Road (400 Tennant S t a t i o n ) , Morgan
H i l l ; 3600 Bel Aire Plaza; Napa; 35106 Newark B l v d . ,
Newark; 926 Diablo Avenue, Novato; 3530 F r u i t v a l e
Avenue, Oakland; 180 Grand Avenue, Oakland; 4101
Piedmont Avenue, Oakland; 4100 Redwood Road (Lincoln
Square Shopping Center), Oakland; 77 Moraga Way,
Orinda; 1 Palo A l t o Square, 3000 El Camino Real,
Palo A l t o ; 700 Contra Costa B l v d . , Pleasant H i l l ;
2277 Watt Avenue, Sacramento; 3423 Watt Avenue,
Sacramento; 3525 Fair Oaks B l v d . , Sacramento;
14151 Main S t r e e t , St. Helena; 1127 So. Main S t r e e t ,
Salinas; 700 El Camino Real, San Carlos; 260 C a l i f o r n i a
S t r e e t , San Francisco; 2400 Sutter S t r e e t , San
Francisco; 845 Grant Avenue, San Francisco; 9
Kearny S t r e e t , San Francisco; 2400 19th Avenue,
San Francisco; 159 New Montgomery, San Francisco;
4724 Meridian Avenue, San Jose; 488 Blossom Hi 11
Road, San Jose; 1110 Blossom H i l l Road, San Jose;
5375 Prospect Road (Westgate West Shopping Center),
San Jose; 2160 Tully Road ( E a s t r i d g e ) , San Jose;
15091 Hesperian B l v d . , San Leandro; 11 East Third
Avenue, San Mateo; 2850 S. El Camino Real ( H i l l s d a l e ) , San Mateo; 1200 F i f t h Avenue, San Rafael;
806 Ocean Street, Santa Cruz; 2801 Fourth S t r e e t ,
Santa Rosa; 201 West Napa Street (Sonoma Marketplace
Shopping Center), Sonoma; 708 E. Mono Way, Sonora;
382 Grant Avenue, South San Francisco; 1810 Pacific
Avenue, Stockton; 7604 Pacific Avenue, Stockton;
3?
4 f c ; ( p ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the
Pcard of Governors under delegated authority.
H.2, 1983 No. 44
- 13 ACTIONS Cc
RQARD - Continued
501 East Olive S t r e e t , Turlock; 1990 N. C a l i f o r n i a
B l v d . , Walnut Creek; 1250 Newell Avenue, Suite H,
Walnut Creek; 1910 Tice Valley Blvd. (Rossmoor),
Walnut Creek; 1360 Grand Avenue, Arroyo Grande;
7190 El Camino Real, Atascadero; 10210 Scripps
Ranch B l v d . , San Diego; 742 Marsh S t r e e t , San Luis
Obispo and 1660 So. Broadway, Santa Maria, a l l located
i n C a l i f o r n i a , through i t s subsidiary, C i t i c o r p
Savings (a Federal Savings and Loan A s s o c i a t i o n )
( 1 1 / 4 / P 3 ) 3/
New York
C i t i c o r p , New York, New York, requests permission to
e s t a b l i s h a de novo o f f i c e engaging in the following
a c t i v i t i e s (making or acquiring, for i t s own account or for the account of others, commercial loans
and other extensions of c r e d i t ; and leasing personal
or real property or acting as agent, broker or adviser
in leasing such property and servicing such leases
subject to a l l of the q u a l i f i c a t i o n s specified in 12
C.F.R. 2 2 5 . 4 ( a ) ( 6 ) ( a ) and (b) where the leases serve
as the functional equivalent of an extension of c r e d i t
to the lessee of the property) at 2502 Rocky Point
Road, Suite 695, Tampa, F l o r i d a , through i t s subsidiary,
C i t i c o r p (USA), Inc. ( 1 1 / 2 / 8 3 ) 3/
New York
C i t i c o r p , New York, New York, requests permission to
e s t a b l i s h a de novo o f f i c e engaging in the following
a c t i v i t i e s (providing securities brokerage services,
related s e c u r i t i e s c r e d i t a c t i v i t i e s pursuant t o the
Board's Regulation T, and incidental a c t i v i t i e s where
the brokerage services are r e s t r i c t e d to buying and
s e l l i n g s e c u r i t i e s solely for the account and on the
order of customers, and do not include s e c u r i t i e s
underwriting or dealing or investment advice or
research services) at One C i t i c o r p Center, 153 East
53rd Street and 485 Lexington Avenue, both in New York,
New York, through i t s subsidiary, C i t i c o r p Financial
Services, Inc. ( 1 1 / 4 / 8 3 ) 3/
New York
C i t i c o r p , New York, New York, requests permission t o
e s t a b l i s h a de novo o f f i c e engaging i n the f o l l o w i n g
a c t i v i t i e s (the making or acquiring of loans and other
extensions of c r e d i t , secured or unsecured, f o r conSur*r and other purposes; the extension of loans t o
dealers for the financing of inventory [ f l o o r p l a n n i n g ]
and wording c a p i t a l purposes; t h e purchasing and
s e r v i e n t ; for i t s own account of sales f i n a n c e c o n t r a c t s ;
77
d f t X f ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the
N a r d of Governors und^r delegated a u t h o r i t y .
* * ^1 -
H,/,
Cf THE BUAPD - Continued
sa*e of credit related l i f e and accident and health
.irarc^ >) licensed agents or brokers, as required;
mating of loans to individuals and businesses
se ur^o *^y a Men on mobile homes* modular units or
re'a?cd manufactured housing, together with the real
property to which such housing is or w i l l be permanently
a f f i x e d , such property being used as security for the
Mans; ard tme servicing, for any person, of loans and
ether extensions of c r e d i t ) at 444 South Flower Street,
Los Angeles, C a l i f o r n i a , through i t s subsidiary,
( ' n c o r p Acceptance Company, Inc. (11/4/83) 2 /
Philadelphia
FP&T Corporation, Hanover, Pennsylvania, n o t i f i cation af intent to engage in de novo a c t i v i t i e s
rin consumer finance a c t i v i t i e s , including the
extension of d i r e c t loans to consumers, the
discount of r e t a i l and installment notes or
contracts, the extension of direct loans to
dealers for the financing of inventory ( f l o o r
planning); and acting as agent for the sale of
l i f e , 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 ) at 5 North Hanover Street, C a r l i s l e ,
Pennsylvania, through i t s subsidiary, Hanover
*~onsurer discount Company (11/1/83) 3/
Cleveland
Mellon National Corporation, Pittsburgh, Pennsylvania,
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 (permissible data processing a c t i v i t i e s ,
including providing to others data processing and
transmission services, f a c i l i t i e s , data bases or
access to such services, f a c i l i t i e s , or data bases by
any technologically feasible means in accordance
with Section 225.4(a)(8) of Regulation Y) at ?0
Wells /venue, Newton, Massachusetts and 5th Floor,
434 Broadway, New York, New York, through i t s subs i d i a r y , Mel Ion Financial Services Corporation #1
43) ?/
GicNxna
77
NC%B Corporation, Charlotte, North Carolina, notif 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 r fne sale at r e t a i l of money orders having a
facf value nf not more than ?1,000) in Waynesvilie,
»#rfn fHrol;na: and Chesapeake, Grafton, Hampton,
%*ws, Norfolk* Petersburg, Portsmouth,
< , * f o ! t R e a c h and Williamsburg, V i r g i n i a ,
t^rnugh i t s subsidiary, TransSouth Financial Corporator
:1l/t/P3)3/
37c (P) r a t i f i c a t i o n processed by Reserve Bank on behalf of the
^narfi nf Tovernors <*nm.r delegated authority.
H . f , 19*3 Nn. 44
-15ACTI0N5 OF THE BOARD - Continued
Richmond
Southern Bancorporation, I n c . , G r e e n v i l l e , South C a r o l i n a ,
n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s
(making extensions of c r e d i t as licensed consumer
finance lender; a c t i n g as agent for c r e d i t l i f e and
c r e d i t accident insurance w r i t t e n in connection with
such extensions of c r e d i t ; and acting as agent for
c r e d i t property insurance w r i t t e n in connection with
such extensions of c r e d i t ) at 100-b Fairground Road,
Moncks Corner, South C a r o l i n a , through i t s s u b s i d i a r y ,
World Acceptance Corporation (11/2/83) 2 /
Chicago
Marshall & I I 1 s l e y Corporation, Milwaukee, Wisconsin,
n o t i f i c a t i o n of i n t e n t t o 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 n g , a c q u i r i n g , s e l l i n g and s e r v i c i n g
r e s i d e n t i a l and commercial mortgage loans f o r i t s own
account or for the account o f o t h e r s , as well as making
c o n s t r u c t i o n and development mortgage loans and performing such i n c i d e n t a l a c t i v i t i e s necessary t o conducting
a mortgage banking business) at 11 West Main S t r e e t ,
Madison, Wisconsin, and the geographic scope w i l l be the
50 States of the United States, through i t s s u b s i d i a r y ,
M & I Mortgage Company, I n c . (11/1/84)
St. Louis
L i n c o l n County Bancorp., I n c . , Troy, M i s s o u r i , n o t i f i c a t i o n
o f i n t e n t to engage i n de novo a c t i v i t i e s ( i n acting as
agent f o r the sale of c r e d i t l i f e , accident and health
insurance d i r e c t l y r e l a t e d to i t s two subsidiary banks'
extensions of c r e d i t ) these a c t i v i t i e s would be performed
in the c i t i e s of Troy, Hawk Point and W i n f i e l d , Missouri
and the surrounding r u r a l areas (11/4/83) 3V
S t . Louis
Meredosia Bancorporation, I n c . , S p r i n g f i e l d ,
I l l i n o i s , n o t i f i c a t i o n of i n t e n t to engage In
de novo a c t i v i t i e s ( a c t i n g as a broker in the
sale of a l l types of insurance i n c l u d i n g c r e d i t
l i f e and c r e d i t accident and health insurance)
these a c t i v i t i e s would be performed in Meredosia,
I l l i n o i s and in Virden, I l l i n o i s , through i t s
subsidiary banks, Farmers and Traders State Bank
and Farmers and Merchants State Bank (11/3/83) 2 /
Kansas C i t y
Mountain States Financial Corporation, Albuquerque,
New Mexico, n o t i f i c a t i o n of i n t e n t to engage in
de novo a c t i v i t i e s ( t o provide mortgage s e r v i c i n g
d u t i e s f o r F i r s t Federal Savings and Loan Associat i o n of Wilmette, a n o n a f f i l i a t e d company, requires
by a contract between Federal National Mortgage
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. 44
- 16 ACTIONS OF THE BOARD - Continued
Association and Evergreen Service, a previously
a f f i l i a t e d company which was merged i n t o F i r s t Federal
Savings and Loan Association of Wilmette during
1982} these a c t i v i t i e s w i l l take place in New
Mexico, Colorado, Texas and I l l i n o i s (11/4/83) 3/
Kansas City
Sunwest Financial Services, I n c . , Albuquerque, New
Mexico, n o t i f i c a t i o n of i n t e n t to engage in de
novo a c t i v i t i e s ( i n the s e l l i n g and underwriting
of insurance l i m i t e d to assuring repayment of the
outstanding balance due on s p e c i f i c extensions of
c r e d i t by s u b s i d i a r y banks in the event of the death,
d i s a b i l i t y , or i n v o l u n t a r y unemployment of the
debtors) these a c t i v i t i e s would be conducted in
the State of New Mexico, through i t s s u b s i d i a r y ,
Sunwest Insurance Company (11/4/83) 3/
San
Francisco
F i r s t I n t e r s t a t e Bancorp, Los Angeles, C a l i f o r n i a ,
n o t i f i c a t i o n of i n t e n t t o engage i n de novo
a c t i v i t i e s ( i n p r o v i d i n g management c o n s u l t i n g
advice concerning personnel o p e r a t i o n s , such as
r e c r u i t i n g , t r a i n i n g , e v a l u a t i o n , compensation
and r e l a t e d human resource a c t i v i t i e s , f o r
n o n a f f i l i a t e d bank and nonbank depository
institutions)
at 707 W i l s h i r e Boulevard, Los
Angeles, C a l i f o r n i a , serving the United States,
through i t s s u b s i d i a r y , F i r s t I n t e r s t a t e I n s t i t u t e
(11/5/83) 3/
San
Francisco
Puget Sound Bancorp, Tacoma, Washington, n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s
( i n the reinsurance of c r e d i t l i f e , accident and
h e a l t h insurance p o l i c i e s w r i t t e n in connection
w i t h extensions of c r e d i t by A p p l i c a n t ' s subs i d i a r i e s ) conducting i t s a c t i v i t i e s i n the State of
Arizona, through i t s s u b s i d i a r y , Puget Sound L i f e
Insurance Company (11/2/83) 2 /
San
Francisco
Rainier Bancorporation, S e a t t l e , Washington, n o t i f i c a t i o n
of i n t e n t to expand de novo a c t i v i t i e s ( c r e d i t r e l a t e d property and casualty insurance) the
geographic area to be served from the o f f i c e s in
Phoenix, Arizona and Santa Ana, C a l i f o r n i a , w i l l be
the States of Alaska, Washington, Oregon, C a l i f o r n i a
Idaho, Arizona, Montana, Wyoming, New Mexico, Texas,
Oklahoma, Nebraska, Kansas and Hawaii and a d d i t i o n a l l y
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. 44
- 17 ACTIONS OF THE BOARD - Continued
c r e d i t - r e l a t e d property insurance w i l l be o f f e r e d
i n the State of Nevada, through i t s subsidiary
Rainier Credit Company (11/4/83) ZJ
• • • • •
A p p l i c a t i o n to the Board of Governors of the Federal Reserve System
f o r Prior Approval of an A c q u i s i t i o n Pursuant t o Section 5(b)
of the Bank Service Corporation A c t , as Amended
Atlanta
C o n d i t i o n a l l y Approved
Louisiana National Bank, Baton Rouge, Louisiana, f o r
approval t o engage i n the a c t i v i t y of u n d e r w r i t i n g ,
as r e i n s u r e r , c r e d i t l i f e and c r e d i t accident and
health insurance through a subsidiary t o be known
as Louisiana Credit L i f e Insurance Company, Phoenix,
Arizona.
^ f c K R ) n o t i f i c a t i o n processed hy Reserve Bank on behalf of the
Board of Governors under delegated authority.
- 18 -
H.2, 1983 No, -u
APPLICATIONS RECEIVED
To Merge Pursuant to Section 18(c) of the
Federal Deposit Insurance Act
*
ra cisco
Valley Community Bank, McMinnville, Oregon, to
e f f e c t a merger with Valley Community Interim
Bank, McMinnville, Oregon. 2/
*
*
*
*
*
To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
San
f a c i sco
Valley Community Interim Bank, McMinnville, Oregon.
Philadelphia
William Penn Bank, Philadelphia, Pennsylvania. 2/
St. Louis
MidAmerica Bank and Trust Company of Alton, Alton,
I I Mnois.
Kansas c i t y
Mountain Industrial Bank, Montrose, Colorado. 2/
San
Franc i sen
Bank of Pleasanton, Pleasanton, C a l i f o r n i a . 2/
zppMcatiors and Notifications for International
a*d father Actions Pursuant to Sections 25 and 25(a)
th* ff-rierai Reserve Act and Sections 4 ( c ) ( 9 ) , 4(c)(13) and 4(c) (14)
"f
Pa^k R i d i n g Company Act of 1956, as amended
*
+
Sbawmut Corporation, Boston, Massachusetts: prior
n o t i f i c a t i o n of i t s intent to invest in Techexport,
I n c . , Waltham, Massachusetts, an existing export
trading company, through a de novo wholly owned
subsidiary, Shawmut Export Corporation, Boston,
sachusetts.
* ri
"^^ufacturers Hanover Corporation, New York, New York;
: r » n r n o T i f i c a t i n n of i t s i n t e n t to make an a d d i t i o n a l
^ Manufacturers Hanover Arrendamento
^rc]n:?l F.:.,
Janeiro, B r a z i l , through the
cmversi&r of outstanding loans.
i t a t i o n surject to Community Reinvestment Act. The Community
f a i r s ( i c p r of the applicable Reserve Bank may be contacted
the comment period.
Z : ^ E ^ E I V E P - Continued
'ar
4f&rfi<fr
/ r<r
Parcorp, Los Angeles* California:
r - t " f i c a i t o n of i t s intent to make an
"%>! nve<;tre^t in First Interstate Overseas,
? » . * . \e*ner!anos A n t i l l e s .
*c f ( r " 3
^ x ^ i r g Cmrpan} Pursuant to Section
^ of the *ank Holding Company Act of 1956
rrtTcr;
tew Ha^psn
Savings Bank Corp., Concord, New Hampshire,
?::r aiprnval to retain 100 percent of the voting shares
of the Kew Hampshire Savings Bank, Concord, New
Hampshire. ?/
corr.
Lorain* Ohio, for approval to
jcc*
percent of the voting shares of The
# "a:"
j
%aUorat Bank, Lorain, Ohio. ?/
: fw-nr r
%crf**(,ast Pancorp, I n c . , Wilmington, Delaware, for
tg acquire AO percent of the voting shares
Kat^ona? Pank of North Fast, North East,
*ar,^a"3. / /
" - mqc
^Nres
: f ^
< t: Pank^nares, I n c . , Aurel i a , Iowa, for
K- acquire ?0 percent or more of the voting
' Tre First ~rusc & Savings Bank, Aurelia,
snares, f r i . , c Inwoo^, I l l i n o i s , for
a; „ * c % * - :o
; -rcent j r r^re of the voting
s* .rf
,t*- f^a^k , ^
*1, I l l i n o i s . 2/
. ,;c
^vr;
j": r a
if::
w?rrrr^e% Iowa, tor
c »*rre' L nr ure of the voting
f :rant<
Bank, Winterset,
"curp, I n c . , 'taiesbwy, I l l i n o i s , for
- hf - p e r m i t of
voting shares
"/ _
<nar^s' of tne successor
' f.c 3 A f , ; Ndt iona I Pank and Trust
'
- n %. p/
*
*
:
(
"
^ *f1
, * * !f ,
'f,
C? » r + * I
r*
:,r /
r*ay
r :ommun i ty
rnntacted
H.2, 1983 No. 44
- 20 APPLICATIONS RECEIVED - Continued
S t . Louis
Adamsville Bancorp, I n c . * Adamsvil1e, Tennessee,
for approval to acquire 100 percent of the voting
shares of the successor by merger to Bank of Adamsv i l l e , Adamsville, Tennessee. 2 /
S t . Louis
County Bancorporation, I n c . , Jackson, M i s s o u r i , f o r
approval to acquire 100 percent of the voting shares
o f the successor by merger t o Cape County Bank,
Jackson, M i s s o u r i . 2/
St. Louis
McKenzie Bancshares, I n c . , McKenzie, Tennessee, for
approval t o acquire at l e a s t 80 percent of the
v o t i n g shares of McKenzie Banking Company, McKenzie,
Tennessee. 2/
S t . Louis
Sharp Bancshares, I n c . , Cave C i t y , Arkansas, f o r approval
t o acquire at l e a s t 80 percent of the v o t i n g shares of
Bank of Cave C i t y , Cave C i t y , Arkansas. 2/
Kansas City
F i d e l i t y Kansas Bankshares, I n c . , Topeka, Kansas, for
approval t o acquire at l e a s t 94 percent of the voting
shares of F i d e l i t y Bankshares, I n c . , Topeka, Kansas,
and i n d i r e c t l y acquire at l e a s t 5 percent of the
v o t i n g shares of F i d e l i t y State Bank and Trust Company,
Topeka, Kansas.
Dei las
Knox C i t y Bancshares, I n c . , Knox C i t y , Texas, for
approval t o acquire 100 percent of the v o t i n g shares
o f The C i t i z e n s State Bank, Knox C i t y , Texas. JV
Be Has
T N Bancshares, I n c . , El Paso, Texas, for approval
t o acquire at least 80 percent of the v o t i n g shares
o f Texas National Bank, El Paso, Texas. 2/
San
Francisco
Valley Community Bancorp, McMinnville, Oregon, for
approval t o acquire 100 percent of the voting shares
o f Valley Community Bank, McMinnville, Oregon. 2/
*
2/
*
*
*
*
A p p l i c a t i o n subject t o Community Reinvestment A c t . Ine Community
A f f a i r s O f f i c e r o f the a p p l i c a b l e Reserve Bank may he contacted
as t o the length of the comment p e r i o d .
H . 2 , 1983 No. 44
- 21 APPLICATIONS RECEIVED - Continued
To Expand a Bank Holding Company Pursuant t o Section
3 ( a ) ( 3 ) o f the Bank Holding Company Act o f 1956
Philadelphia
NCB F i n a n c i a l C o r p o r a t i o n , Wi11iamsport, Pennsylvania,
f o r approval t o a c q u i r e 100 percent of the v o t i n g
shares o f T r i - C o u n t y National Bank, Middleburg,
Pennsylvania. 2/
Atlanta
DeLand Development Corporation, DeLand, F l o r i d a , f o r
approval t o a c q u i r e up t o 16 1/4 percent o f the
voting shares o f DeLand State Bank and T r u s t ,
DeLand, F l o r i d a . 2/
Minneapolis
Borreson Investments, I n c . , Westbrook, Minnesota,
f o r approval t o a c q u i r e 96 percent of the v o t i n g
shares of Darfur Bancshares, I n c . , D a r f u r ,
Minnesota, and indirectly
acquire State Bank o f
D a r f u r , Darfur, Minnesota. 2/
Kansas C i t y
F i r s t Pancshares, I n c o r p o r a t e d , B a r t l e s v i l l e , Oklahoma,
f o r approval t o a c q u i r e 100 percent of the v o t i n g
shares of Exchange National Bank, T u l s a , Oklahoma. 2/
Kansas C i t y
Locust Grove Banshares, I n c . , Locust Grove, Oklahoma,
f o r approval t o acquire at l e a s t 93.9 percent of
t h e v o t i n g shares o f Bank o f Commerce, Chouteau,
Okl ahoma. 2]
Dallas
F i r s t Winters Holding Company, W i n t e r s , Texas, f o r
approval t o a c q u i r e at l e a s t 80 percent of the
v o t i n g shares of The S e c u r i t y State Bank, Wingate,
Texas. 2/
Dallas
North Texas Bancshares, I n c . , Fort Worth, Texas, f o r
approval t o a c q u i r e 100 percent of t h e v o t i n g
shares of Hurst National Bank, H u r s t , Texas, a
proposed new bank. 2J
Dallas
Southwest Bancshares, I n c . , Houston, Texas, f o r
approval t o a c q u i r e 100 percent of the v o t i n g shares
o f Southwest Texas Bankers, I n c . , San A n t o n i o , Texas,
and i n d i r e c t l y San Antonio Bank i Trust Co., San
A n t o n i o , Texas; State Bank of K i n g s v i l i e , K i n g s v i l i e ,
Texas; and Sabinal Bank, S a b i n a l , Texas. 2]
2]
~~
A p p l i c a t i o n s u b j e c t to Community Reinvestment A c t . The Community
A f f a i r s O f f i c e r o f the a p p l i c a b l e Reserve Bank may be contacted
as t o the l e n g t h o f the comment p e r i o d .
H.2, ,983 No. 44
-22APPLICATIONS RECEIVED - Continued
To Expand a Bank Holding Company Pursuant t o Section
3 ( a ) ( 5 ) of the Bank Holding Company Act of 1956
San
Francisco
Western Commercial, Fresno, C a l i f o r n i a , f o r approval
to acquire 100 percent of the v o t i n g shares of
Continental Bancorp, Fresno, C a l i f o r n i a and
i n d i r e c t l y Continental National Bank, Fresno,
Cal i f o rn i a . 2/
*
*
*
*
*
To Expand a Bank Holding Company Pursuant to Section
4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956
Boston
Fleet Financial Group, I n c . , Providence, Rhode I s l a n d ,
n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s
( ( i ) consumer finance and ( i i ) insurance agency
a c t i v i t i e s f o r the sale of c r e d i t - r e l a t e d l i f e and
accident and health insurance) at 6414 Copps Avenue,
Madison, Wisconsin, serving the Wisconsin counties
of Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa,
J e f f e r s o n , L a f a y e t t e , Richland, Rock, Sauk, and
Vernon, through i t s s u b s i d i a r y , Fleet Mortgage Corp.
(10/31/83)
Boston
Fleet Financial Group, I n c . , Providence, Rhode I s l a n d ,
n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s
( ( i ) consumer finance and ( i i ) insurance agency f o r
the sale of c r e d i t l i f e and c r e d i t accident and health
insurance r e l a t e d t o an extension of c r e d i t ) at 2211
East Clairemont Avenue, Eau C l a i r e , Wisconsin, serving
the counties of Ashland, Barron, B a y f i e l d , B u f f a l o ,
B u r n e t t , Chippewa, C l a r k , Douglas, Dunn, Eau C l a i r e ,
I r o n , Jackson, Juneau, La Crosse, Monroe, Pepin,
Pierce, Polk, P r i c e , Rusk, S t . C r o i x , Sawyer, Taylor,
Trempealeau, Washburn and Wood i n Wisconsin, through
i t s s u b s i d i a r y , Fleet Mortgage Corp. (10/31/83)
Boston
New Hampshire Savings Bank Corp., Concord, New Hampshire
f o r approval t o ( i ) r e t a i n New England Financial
Resources, I n c . , Avon, Connecticut and Peal Estate
Consultants of New England, I n c . , Concord, New Hampshir
both of which are nonbanking s u b s i d i a r i e s of New Hamps h i r e Savings Bank Corp., and ( i i ) Consul t i n g and
2/
A p p l i c a t i o n subject to Community Reinvestment A c t . The Community
A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may he contacted
as t o the length of the comment p e r i o d .
H.2, 1993 No.
^ 23APPLICATIONS RECEIVED - Continued
Systems Management Corporation, Concord, New
Hampshire; W-E Management Company, Concord, New
Hampshire; New England Capital Corporation, Avon,
Connecticut; and POCKETBANK, I n c . , a l l of which are
nonbanking s u b s i d i a r i e s of New Hampshire Savings
Rank.
New York
The Chase Manhattan Corporation, New York, New York,
requests permission t o e s t a b l i s h a de novo o f f i c e
engaging i n the f o l l o w i n g a c t i v i t i e s (making or
a c q u i r i n g f o r i t s own account and f o r the account
of o t h e r s , loans and other extensions of c r e d i t ,
both secured and unsecured i n c l u d i n g , but not
l i m i t e d t o , consumer and business l i n e s of c r e d i t ,
i n s t a l l m e n t loans f o r personal, household and
business purposes and mortgage loans secured by
real p r o p e r t y ; s e r v i c i n g loans and other extensions
of c r e d i t ; and acting as insurance agent f o r 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 r e l a t e d to such lending and s e r v i c i n g a c t i v i t i e s )
at Executive PI ace, 4521 South Hulen, Fort Worth, Texas,
through i t s subsidiary, Chase Manhattan Financial
Services, Inc. (11/1/83)
New York
C i t i c o r p New York, New York, requests permission t o
e s t a b l i s h two de novo offices engaging in the f o l l o w i n g
a c t i v i t i e s ( t h e making or a c q u i r i n g of loans and other
extensions of c r e d i t , secured or unsecured, f o r consumer and other purposes; the sale of c r e d i t - r e l a t e d
l i f e and accident and health insurance by licensed
agents or b r o k e r s , as required; the sale of consumer
o r i e n t e d f i n a n c i a l management courses; the s e r v i c i n g ,
f o r any person, of loans and other extensions of
c r e d i t ; the making, acquiring, and s e r v i c i n g , f o r
i t s own account and for the account of o t h e r s , of
extensions of credit to i n d i v i d u a l s secured by l i e n s
on r e s i d e n t i a l or n o n - r e s i d e n t i a l real e s t a t e ; and
the sale of mortgage l i f e and mortgage d i s a b i l i t y
insurance d i r e c t l y related to extensions of mortgage
loans) at 202 Midland M a l l , Bald H i l l Road and East
Avenue* Warwick, Rhode Island, through i t s s u b s i d i a r i e s ,
Citicorp Person-to-Person Financial Center, I n c . ,
(Delaware) and Citicorp Homeowners, Inc. (11/4/83)
* w York
Franklin Bancorp, Somerset, New Jersey, 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 (providing discount
brokerage services) at 630 Franklin Boulevard,
Somerset, New Jersey, through i t s s u b s i d i a r y ,
Franklin Brokerage Services Corp. (11/3/83)
H . 2 , 1983 N0, 44
-24APPL1CATIHNS PFCEIVED - Continued
New York
Manufacturers Hanover Corporation, New York, New York,
for approval to engage through i t s wholly-owned
subsidiary, Manufacturers Hanovc^ Futures^ I n c . , in
executing and clearing on c e r t a i n ^jnmodity exchanges
c e r t a i n futures contracts and opciins on futures cont r a c t s , and providing futures advisory services.
Philadelphia
Corestates Financial Corp., Philadelphia, Pennsylvania,
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 the o r i g i n a t i o n of FHA, VA and conventional
r e s i d e n t i a l mortgage loans and second mortgage loans)
a t 1612 Prosser Avenue, Suite 310, Dayton, Ohio,
the proposed new o f f i c e w i l l conduct the foregoing
a c t i v i t i e s in the States of Ohio, Kentucky and
Pennsylvania, through i t s subsidiary, Colonial
Mortgage Service Company Associates, Inc. ( 1 1 / 4 / 8 3 )
Philadelphia
F i d e l c o r , I n c . , Rosemont, Pennsylvania, 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 ( t o engage in
foreign currency options brokerage a c t i v i t i e s on the
Philadelphia Stock Exchange) at 123 South Broad
S t r e e t , Philadelphia, Pennsylvania, serving customers
throughout the Unites States and abroad, through i t s
subsidiary, Fidelcor Trading Inc. (10/25/83)
Richmond
F i r s t Union Corporation, C h a r l o t t e , North Carolina, for
approval to acquire 100 percent of the voting shares
of Ois-Com S e c u r i t i e s , I n c . , Hallandale, F l o r i d a .
Atlanta
F i r s t Bancgroup-Alabama, I n c . , Mobile, Alabama, n o t i f i cation of intent to engage in de novo a c t i v i t i e s
( a c t i n g as insurance agent or broker in the o f f i c e s
of The F i r s t National Bank of R u s s e l l v i l l e , a subs i d i a r y of the holding company; the type of insurance
o f f e r e d w i l l be property damage insurance, s p e c i f i c a l l y ,
vehicular single i n t e r e s t insurance, a l l insurance
sold w i l l he d i r e c t l y related to extensions of c r e d i t )
these a c t i v i t i e s w i l l be performed in the c i t y of
P u s s e l l v i H e , and in the surrounding area of Franklin
County, Alabama, through i t s subsidiary, FBG Insurance
Agency, Inc. ( 1 1 / 1 / 8 3 )
a lanta
Pickens County Bancshares, I n c . , Jasper, Georgia,
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 ( t o engage in the sale of general
insurance in a town with a population not
exceeding 5,nnn) at 606 Church S t r e e t , Jasper,
Georgia, and the surrounding area encompassing
Pickens bounty H l / 2 / ? 3 ;
H*2, 1983 N0. 44
-25APPLICATIONS RECEIVED - Continued
S t , Louis
Bancshares of Hayti* Inc.* H a y t i , M i s s o u r i , 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 ( t o engage
in the sale of general insurance i n a town with a
population not exceeding 5,000) these a c t i v i t i e s
would be performed in the C i t y of H a y t i , Missouri
and the surrounding r u r a l area (10/31/83)
St. Louis
Sharp Bancshares, I n c . , Cave C i t y , Arkansas, for approval
t o engage d i r e c t l y i n real e s t a t e a p p r a i s i n g .
Dallas
Hugo Bankshares, I n c . , Hugo, Oklahoma, 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 (engaging
d i r e c t l y in making or a c q u i r i n g f o r i t s own account,
loans and other extensions of c r e d i t on a secured or
unsecured b a s i s , such as may be made by a bank,
mortgage company or finance company, i n c l u d i n g loans
secured by mortgages, i n v e n t o r y , accounts receivable
or other assets; these loans may include p a r t i c i p a t i o n s
i n commercial and consumer loans from company's
subsidiary bank, Security F i r s t National Bank, Hugo,
Oklahoma) these a c t i v i t i e s would be conducted in the
State of Oklahoma (11/2/83)
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 i n t e n t t o engage in de novo
a c t i v i t i e s ( i n the a c t i v i t i e s of s e c u r i t i e s brokerage,
c o n s i s t i n g p r i n c i p a l l y of buying and s e l l i n g s e c u r i t i e s
s o l e l y upon the order and f o r the account of customers,
and of extending margin c r e d i t in conformity w i t h
Regulation T) at One Oakbrook Terrace, Oakbrook,
I l l i n o i s , and 800 F i f t h Avenue # 1 0 1 , S e a t t l e , Washington,
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 s u b s i d i a r y , Charles Schwab & Co., Inc.
(11/5/83)
San
Francisco
TRABANC, Salt Lake C i t y , Utah, n o t i f i c a t i o n of i n t e n t
t o engage i n de novo a c t i v i t i e s ( i n the leasing of
personal property and r e l a t e d a c t i v i t i e s normally
i n c i d e n t a l t h e r e t o ) at 107 South Main S t r e e t , Salt
Lake C i t y , Utah, serving Utah, Idaho and Wyoming,
through i t s s u b s i d i a r y , TRALEASE (11/1/83)
*
*
*
*
*
i
H.2, 1983 No. 44
- 26 APPLICATIONS RECEIVED - Continued
REPORTS RECEIVED
Registration Statement Filed Pursuant to Section
12(g) of the Securities Exchange Act
The Bank of Alexandria
Alexandria, Virginia
* * * * *
PETITIONS FOR RULEMAKING
None.
@FedFRASER