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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1986, No. 41 Actions of the Board Applications and Reports Received During the Week Ended October 11, 1986 New York Banco de Santander International, Miami, Florida — extension to July 29, 1987, to dispose of certain shares. 1/ New York Citibank Overseas Investment Corporation, Wilmington, Delaware — extension to September 19, 19876, to make an additional investment in Citibank Canada Mortgage Corporation, Toronto, Ontario, Canada. 1/ New York Norstar Bank, Rochester, New York — investment in bank premises. 1/ New York Asia Interim National Bank, New York, New York — proposed merger with Asia Bank, National Association — report to the Comptroller of the Currency on competitive factors. 1/ Philadelphia Pennsylvania Bank and Trust Pottsville, Pennsylvania — with Union National Bank of Shenandoah, Pennsylvania — Comptroller of the Currency factors. 1/ Cleveland Ohio Bancorp, Youngstown, Ohio — extension to January 11, 1987, to engage de novo through Florida Trust Services of Ohio Bancorp, Naples, Florida. 1/ Cleveland The Marblehead Bank, Marblehead, Ohio — investment in bank premises. 1/ 1/ Company, proposed merger Shenandoah, report to the on competitive Processed on behalf of the Board of Governors under delegated authority. H.2, 1986 No. 41 -2- ACTIONS OF THE BOARD - Continued Cleveland Citizens Community Bank, Mount Blanchard, Ohio — investment in bank premises. 1/ Richmond Chemical National Bank, South Charleston, West Virginia — proposed merger with The Chemical Bank and Trust Company — report to the Comptroller of the Currency on competitive factors. 1/ Richmond The Merchants National Bank, Montgomery, West Virginia — proposed merger with MNB National Bank — report to the Comptroller of the Currency on competitive factors. 1/ Richmond The Gualey National Bank, Gauley Bridge, West Virginia — proposed merger with GNB National Bank — report to the Comptroller of the Currency on competitive factors. 1/ Richmond Union Trust Company of Maryland, Baltimore, Maryland — extension to October 19, 1987, to establish a branch at the intersection of Routes 29 and 198, Burtonsville, Maryland. If Richmond Southern National Corporation, Lumberton, North Carolina — extension to January 18, 1987, to engage de novo in insurance and loan activities through United Investors Life Insurance Company, Phoenix, Arizona. 1/ Richmond Madison Bank of Maryland, Silver Spring, Maryland — proposed merger with First Continental Bank of Maryland — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Richmond Kanawha Valley Bank, N.A., Charleston, West Virginia — proposed merger with One Valley National Bank of Hurricane, Hurricane, West Virginia — report to the Comptroller of the Currency on competitive factors. 1/ Atlanta Cayman Investment Company (Delta), George Town, Grand Cayman, Cayman Islands, British West Indies, and Delta South Bancorp, Inc., Dover, Delaware — extension to January 7, 1987, to acquire Delta National Bank and Trust Company of Florida, Miami, Florida. 1/ 1/ Processed on behalf of the Board of Governors under delegated authority. H.2, 1986 No. 41 -3- ACTIONS OF THE BOARD - Continued Atlanta Southeastern Bancshares, Inc., Athens, Alabama — extension to January 21, 1987, to acquire Athens-Limestone Bank. 1/ Atlanta Citizens and Southern Georgia Corp., Atlanta, Georgia — extension to January 23, 1987, to acquire Landmark Bank of Seminole County, Caselberry, Florida. 1/ Atlanta Nashville City Bank & Trust Company, Nashville, Tennessee — proposed merger with Dominion Interim Bank — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Atlanta First National Bank of Huntland, Huntland, Tennessee — proposed merger with Bank of Huntland — report to the Comptroller of the Currency on competitive factors. 1/ Atlanta Umatilla State Bank, Umatilla, Florida — proposed merger with Mid-Florida Bancshares, Inc. — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ Chicago FirstMil Bank, Milwaukee, Wisconsin — extension to November 1, 1986 — to establish a branch at 4623 West Lisbon Avenue. 1/ Chicago FirstMil Bank, Milwaukee, Wisconsin — investment in bank premises in connection with establishment of a branch at 4623 West Lisbon Avenue. 1/ Chicago Arlington State Bank, Arlington, Wisconsin — proposed merger with The First National Bank of Portage, Portage, Wisconsin — report to the Comptroller of the Currency on competitive factors. 1/ Chicago Summit Bank, Fort Wayne, Indiana — proposed merger with Anthony Wayne Bank, — report to the Comptroller of the Currency on competitive factors. 1/ Chicago American Financial Corporation, Peru, Indiana — extension to December 27, 1986, to acquire WABANC, Inc., Wabash, The First National Bank in Wabash; Wabash Valley Bancorporation, Inc., Peru; and Wabash Valley Bank and Trust Company, Indiana. 1/ 1/ Processed on behalf of the Board of Governors under delegated authority. H.2, 1986 No. 41 -4- ACTIONS OF THE BOARD - Continued St. Louis Grenada Bank, Grenada, Mississippi — proposed merger with Bank of Leland, Leland, Mississippi — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ St. Louis Bank of Mississippi, Tupelo, Mississippi — proposed merger with First Mississippi National Bank, Hattiesburg, Mississippi — report to the Comptroller of the Currency on competitive factors. 1/ Kansas City FirstBank Holding Company of Colorado, Lakewood, Colorado — extension to January 7, 1987, to engage in the sale of money orders and official checks. 1/ Dallas M & F Bancshares, Inc., Weatherford, Texas — extension to November 10, 1986, to acquire Doss Financial Bancshares, Inc.; Texas Bank of Denton, Denton; Early Financial Bancshares, Inc., Weatherford; Texas Bank, Early; and Texas Bank, Weatherford, Texas. 1/ San Francisco Orange Interim National Bank, Orange, California — proposed merger with Orange National Bank — report to the Comptroller of the Currency on competitive factors. 1/ San Francisco BankAmerica Corporation, San Francisco, California — extension of time to divest certain property. 1/ San Francisco Centennial Bank, Hayward, California — proposed merger with FCBI, Co., Carmel, California — report to the Federal Deposit Insurance Corporation on competitive factors. 1/ 1/ Processed on behalf of the Board of Governors under delegated authority. H.2, 1986, No. 41 -5- ACTIONS OF THE BOARD - Continued * * * * * To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Approved Richmond Bank of Virginia, Richmond, Virginia — to establish an electronic funds transfer facility to Webb Student Center Building, 49 Elchorn Street, Norfolk, Virginia. 1/ (10 / 8 / 86 ) Richmond First Virginia Bank, Falls Church, Virginia — to establish a branch at 11242 Waples Mill Road, Fairfax, Virginia. 1/ (10/8/86) * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Richmond Virginia Bankers' Bank, Richmond, Virginia. 1/ (10/7/86) Richmond Gulf Bank of Dunedin, Dunedin, Florida/ (10 / 6 / 86 ) 1/ * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Approved Boston UNITEDCORP, Bangor, Maine — for approval to acquire 80 percent of the voting shares of United Bank, Bangor, Maine. 1/ (10/8/86) Cleveland Woodford Bancorp, Inc., Versailles, Kentucky — for approval to acquire 100 percent of the voting shares of The Woodford Bank & Trust Company, Versailles, Kentucky. 1/ (10/8/86) Richmond The Northern Virginia Banking Corporation, Sterling, Virginia — for approval to acquire 100 percent of the voting shares of The National Bank of Northern Virginia. 1/ 1/ Processed on behalf of the Board of Governors under delegated authority. H.2, 1986, No. 41 -6- ACTIONS OF THE BOARD - Continued Richmond Gulf Harbor Banks, Inc., Dunedin, Florida — for approval to acquire 100 percent of the voting shares of Gulf Bank of Dunedin, Dunedin, Florida. 1/ (10/6/86) Chicago BNB Bancorp, Inc., Chicago, Illinois — for approval to acquire 100 percent of the voting shares of Belmont National Bank of Chicago, Chicago, Illinois. 1/ (10/9/86) Chicago Community Financial Corporation, Harbor Beach, Michigan — for approval to acquire 100 percent of the voting shares of First of America Bank - Huron, Harbor Beach, Michigan. 1/ (10/8/86) St. Louis Cardinal Bancorp, Inc., Washington, Missouri — for approval to acquire at least 97.55 percent of the voting shares of Citizens Bancgroup and Company, Maplewood, Missouri and indirectly acquire Citizens National Bank of Greater St. Louis, St. Louis, Missouri. 1/ (10/10/86) St. Louis Chambers Bancshares, Inc., Danville, Arkansas — for approval to acquire at least 80 percent of the voting shares of Danville State Bank, Danville, Arkansas. 1/ (10/7/96) St. Louis WVB Bancorp, Vincennes, Indiana — for approval to acquire at least 80 percent of the voting shares of Wabash Valley Bank of Vincennes, Vincennes, Indiana. 1/ (10/7/86) Minneapolis Walsh County Bancorporation, North Dakota — for approval percent of the voting shares Minto, Minto, North Dakota. Kansas City DeSoto Bancshares, Inc., DeSota, Kansas -for approval to acquire 100 percent of the voting shares of DeSoto State Bank, DeSoto, Kansas. 1/ (10/7/86) Kansas City Limestone Bancshares, Inc., Sand Springs, Oklahoma — for approval to acquire 100 percent of the voting shares of Limestone National Bank, Sand Springs, Oklahoma. 1/ (10/7/86) If Inc., Drayton, to acquire 100 of Bank of 1/ (10/8/86) Processed on behalf of the Board of Governors under delegated authority. H.2, 1986, No. 41 -7- ACTIONS OF THE BOARD - Continued Kansas City Sooner Southwest Bancshares, Inc., Bristow, Oklahoma — for approval to acquire 100 percent of the voting shares of Hugo Bancshares, Inc., indirectly; Security First National Bank of Hugo, Hugo, Oklahoma and Community Bancorporation, Inc.f> and indirectly Community Bank, Bristow, Oklahoma. 1/ (10/7*/86) Kansas City Valley Bancorp, Inc. Employees' Stock Ownership Plan and Trust, Brighton, Colorado — for approval to acquire 61.8 percent of the voting shares of Lyons Bancorp, Inc., Lyons, Colorado and indirectly acquire Valley Bank of Lyons, Lyons, Colorado. 1/ (10/10/86) Kansas City Northeastern Oklahoma Banshares, Inc., Inola, Oklahoma — for-approval to acquire 100 percent of the voting shared of Northeastern Oklahoma Bancorporation, Inola, Oklahoma and indirectly acquire Bank of Inola, Inola, Oklahoma. 1/ (10/6/86) Dallas Louise Bancshares, Inc., Louise, Texas — for approval to acquire 80 percent of the voting shares of First City Bank of Wallis, Wallis, Texas and The First State Bank, Louise, Texas. 1/ (10/10/86) Dallas S.B.T. Bancshares, Inc,. San Marcos, Texas — for approval to acquire 92 percent of the voting shares of State Bank and Trust Company, San Marcos, Texas. 1/ (10/10/86) * * * * * To Expand a Bank Holding Company Pursuant: to Section 3(a)(3) of the Bank Holding Company Act of 1956 Returns Atlanta Community Bancshares, Inc., Blountsville, Alabama — for approval to acquire 100 percent of the voting shares of Madison County Bank, New Hope, Alabama, a proposed new bank. (10/9/96) Atlanta Community Bancshares, Inc., Blountsville, Alabama — for approval to acquire 100 percent of the voting shares of Morgan County Bank, Falkville, Alabama, a proposed new bank. (10/9/86) 1/ Processed on behalf of the Board of Governors under delegated authority. H.2, 1986, No. 41 -8- ACTIONS OP THE BOARD - Continued Approved Philadelphia Peoples National Bancorp, Inc., State College, Pennsylvania — for approval to acquire up to 24.9 percent of the voting shares of Heritage Financial Services Corporation, Lewistown, Pennsylvania and indirectly acquire the Russell National Bank, Lewistown, Pennsylvania. 1/ (10/10/86) Richmond Mountaineer Bankshares of West Virginia, Inc., Martinsburg, West Virginia — for approval to acquire 100 percent of the voting shares of The Old National Bank of Jefferson County, Ranson, West Virginia. 1/ (10/8/86) Richmond NCNB Corporation, Charlotte, North Carolina — for approval to acquire 100 percent of the voting shares of Hartsville Bancshares, Inc., Hartsville, South Carolina, and indirectly acquire The Bank of Hartsville, Hartsville, South Carolina. 1/ (10/6/86) Atlanta Southeast Banking Corporation, Miami, Florida — for approval to acquire 100 percent of the voting shares of Southeast Bank of Tallahassee, Tallahassee, Florida. 1/ (10/6/86) Richmond SouthTrust Corporation, Birmingham, Alabama — for approval to acquire 100 percent of the voting shares of SouthTrust Bank of Cleburne County, N. A . , Heflin, Alabama. 1/ (10/9/86) Chicago The Marine Corporation, and Marisub, Inc., Milwaukee, Wisconsin — for approval to acquire 100 percent of the voting shares of Marine Bank of Mt. Pleasant, N. A . , Mt. Pleasant, Wisconsin. 1/ (10/7/86) St. Louis CSB Bancshares, Inc., Louisville, Kentucky — for approval to acquire 100 percent of the voting shares of The Corydon State Bank, Corydon, Indiana. 1/ (9/26/86) 1/ Processed on behalf of the Board of Governors under delegated authority. H.2, 1986, No. 41 -9- ACTIONS OF THE BOARD - Continued St. Louis LBT Bancshares, Inc., Litchfield, Illinois — for approval to acquire at least 57 percent of the voting shares of First National Bank of Mt. Auburn, Mt. Auburn, Illinois. 1/ (10/9/86) St. Louis Liberty National Bancorp, Inc., Louisville, Kentucky — for approval to acquire CSB Bancshares, Inc., Louisville, Kentucky and indirectly The Corydon State Bank, Corydon, Indiana. 1/ (9/26/86) St. Louis Valley Bancshares, Inc., Valley Park, Missouri — for approval to acquire at least 84 percent of the voting shares of Meramec State Bank, Sullivan, Missouri. 1/ (10/3/86) Kansas City Valley Bancorp, Inc., Brighton, Colorado — for approval to acquire 61.8 percent of the voting shares of Lyons Bancorp, Inc., and indirectly Valley Bank of Lyons, Lvons, Colorado. 1/ (10/10/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Approved Cleveland The Central Bancorporation, Inc., Cincinnati, Ohio — for approval to merge with Oberlin Bancshares, Inc., Oberlin, Ohio, and indirectly acquire The Oberlin Bank Company, Oberlin, Ohio. 1/ (10/3/86) * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Approved Chicago Citizens Banking Corporation, Flint, Michigan — for approval to acquire 100 percent of First National Capital Corporation, Birmingham, Michigan. 1/ (10/10/86) 1/ 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 deleaated authority. H.2, 1986, No. 41 -10- ACTIONS OF THE BOARD - Continued Minneapolis Walsh County Bancorporation, Inc., Drayton, North Dakota — to acquire the assets and liabilities of Minto Insurance Agency, Minto North Dakota. 1/ (10/8/86) * * * * * Permitted Chicago North American Bancorporation, Inc., Waterbury, Connecticut — to continue to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company) through Northam Mortgage Company, Piqua, Ohio. 3/ (10/10/86) New York Chemical New York Corporation, New York, New York — 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 its subsidiary, Chemical Securities, Inc., New York, New York. 3/ (10/11/86) New York KeyCorp and Key Bancshares of New York, Inc. Albany, New York — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through Key Brokerage Companv, Inc., Albany, New York. 3/ (10/10/86) New York KeyCorp and Key Bancshares of New York, Inc. Albany, New York — to expand the geographic area of Key Mortgage Funding, Inc., Albany, New York and to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company). (10/10/86) 1/ 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, 1986, Ho. 41 -11- ACTIONS OF THE BOARD - Continued Richmond Potomac Bancorp, Inc., Keyser, West Virginia ■ — to engage de novo (making, acquiring and/or servicing loans for itself or for others of the type made by a mortgage company; a commercial finance company). The activities would be conducted in West Virginia, Maryland, Pennsylvania, and Ohio. 3/ (10/9/86) Atlanta Community Bankshares, Inc., Cornelia, Georgia — to engage de novo (engaging in insurance agency activities in a town of less than 5,000 persons) through its subsidiary, Community Insurance Agency. The activity will be conducted in Cornelia, Clarkesville, Demorest and Commerce, Georgia. 3/ (10 / 10/ 86 ) Chicago First United Financial Services, Inc., Arlington Heights, Illinois — to establish a de novo subsidiary, Arlington Commercial Finance Company, Reno, Nevada and to engage de novo (making, acquiring, and/or servicing loans for itself or for others of the type made by a commercial finance company; engaging in full pay-out personal and real property leasing.) 3/ (10/7/86) Chicago First Wisconsin Corporation, Milwaukee, Wisconsin — to establish a de novo subsidiary, First Wisconsin Asset Management, Inc., Milwaukee, Wisconsin and to engage de novo (providing portfolio investment advice to any person). The geographic scope will be nationwide. 3/ (10/7/86) Chicago Unibancorp, Inc., Chicago, Illinois — to engage de novo (discount securities brokerage activities including certain securities credit and incidental activities) through its wholly-owned subsidiary, Unibanc Brokerage Services, Inc., Chicago, Illinois. 3/ (10 /8 / 86 ) San Francisco Mission Valley Bancorp, Pleasanton, California — to engage de novo (providing to others financially related data processing and data transmission services, facilities, and data bases; or access to them). 3/ ( 10 / 11 / 86 ) 3/ Notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1986, No. 41 -12- ACTIONS OF THE BOARD - Continued * * * * * Redemption of Shares Chicago CSB Financial Corporation, Greenville, Michigan. 1/ (10/10/86) Minneapolis Conrad Company, Minneapolis, Minnesota. (10/8/86) Minneapolis Scandia American Bancorporation, Inc., Stanley, North Dakota. 1/ (10/8/86) 1/ * * * * * Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 Approved Richmond James Madison Limited, Washington, D.C. (10/8/86) Atlanta Valley Bancshares, Inc., Dunlap, Tennessee. 1/ (10/10/86) Minneapolis Houston Bancorporation, Inc., St. Paul, Minnesota. 1/ (10/10/86) Minneapolis Scandia American Bancorporation, Inc., Stanely, North Dakota. 1/ (10/8/86) Kansas City Anadarko Bancshares, Inc., Anadarko, Oklahoma. 1/ (10/7/86) Kansas City Security Financial Services Corporation, Enid, Oklahoma. 1/ (10/6/86) 1/ Processed on behalf of the Board of Governors under delegated authority. 1/ -13- H.2, 1986 No. 41 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received New York The Bank of New York, New York, New York — to establish a branch office at 1881 Broadway, New York, New York. 2/ Cleveland Cortland Savings and Banking Company, Cortland, Ohio — to establish a branch company, Cortland, Ohio and a branch at 888 W. Liberty Street, Hubbard, Ohio. 2/ Cleveland The Fifth Third Bank, Cincinnati, Ohio — establish a CBCT at Airborne Air Park, Clinton County, Wilmington, Ohio. 2/ Richmond Central Fidelity Bank, Richmond, Virginia — to establish a branch at 6020 Richmond Highway, Alexandria, Virginia. 2/ Richmond Central Fidelity Bank, Richmond, Virginia to establish a branch at Third and Broad Streets, Richmond, Virginia. 2/ * * * * to * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Received Chicago New Lowell State Bank, Lowell, Michigan. Kansas City Chemical Finanical Industrial Bank, Westminster, Colorado. 2/ San Francisco Heritage Bank, Mesa, Arizona (a proposed new bank) 2/ * * * * 2/ * To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Received Chicago 2/ New Lowell State Bank, Lowell, Michigan — merge with State Savings Bank, Lowell, Michigan. 2/ to Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length or the comment period. H.2, 1986 No. 41 -14- APPLICATIONS RECEIVED- Continued * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Received Boston Amity Bancorp, Inc., New Haven, Connecticut — for approval to acquire 100 percent of the voting shares of Amity Bank, Woodbridge, Connecticut. 2/ Boston Intermediate Corp., Boston, Massachusetts — for approval to acquire 100 percent of the voting shares of The Conifer Group, Inc., Worcester, Massachusetts and indirectly acquire Berkshire Bank and Trust Company, Pittsfield, Massachusetts; Guaranty Bank and Trust Company, Worchester, Massachusetts; Essexbank, Peabody, Massachusetts; Union National Bank, Lowell, Massachusetts; Bank of Cape Cod, Falmouth, Massachusetts, Plymouth-Home National Bank, Brockton, Massachusetts; Patriot Bank, N.A., Boston, Massachusetts. 2/ Boston Neworld Bancorp, Inc., Boston, Massachusetts — for approval to acquire 100 percent of the voting shares of Neworld Bank for Savings, Boston, Massachusetts/ 2/ Boston Cheshire Financial Corporation, Keene, New Hampshire — for approval to acquire 100 percent of the voting shares of Cheshire County Savings Bank, Keene, New Hampshire. 2/ New York Norstar Bancorp, Inc,, Albany, New York — for approval to acquire 100 percent of the voting shares of Peconic Bancshares, Inc., Riverhead, New York and indirectly acquire Peconic Bank, Riverhead, New York. 2/ Cleveland Tri-County Bancorp, Inc., Corbin, Kentucky — for approval to acquire 100 percent of the voting shares of Tri-County National Bank, Corbin, Kentucky. 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. 41 -15- APPLICATIONS RECEIVED- Continued Richmond FCNB Ctfrp., Frederick, Maryland — for approval to acquire 100 percent of the voting shares of Frederick County National Bank of Frederick, Frederick, Maryland. 2/ Chicago First Citizens of Paris, Inc., Paris, Illinois — for approval to acquire 100 percent of the voting shares of The Citizens National Bank of Paris, Paris, Illinois. 2/ Chicago Herky Hawk Financial Corp., Hopkinton, Iowa — for approval to acquire 80 percent of the voting shares of Citizens State Bank, Hopkinton, Iowa. 2/ Chicago Mid States Bancshares, Inc., Moline, Illinois — for approval to acquire 100 percent of the voting shares of First National Bank of Moline, Moline, Illinois. 2/ Chicago NBD Southern Corporation, Detroit, Michigan — for approval to acquire 100 percent of the voting shares of Omnibank Corp., Wyandotte, Michigan and indirectly acquire Wyandotte Savings Bank, Wyandotte, Michigan. 2/ Chicago River Associates Bancorp, Inc., River Grove, Illinois — for approval to acquire 100 percent of the voting shares of River Grove Bank and Trust Company, River Grove, Illinois. 2/ Chicago Wenona Bancorp, Inc., Wenona, Illinois — for approval to acquire 100 percent of the voting shares of Wenona State Bank, Wenona, Illinois. 2/ St. Louis Middleburg Bancorp, Inc., Middleburg, Kentucky — for approval to acquire 100 percent of the voting shares of Farmers Deposit Bank, Middleburg, Kentucky. 2/ St. Louis River Region Bancshares, Inc., Fordsville, Kentucky — for approval to acquire at least 80 percent of the voting shares of Bank of Fordsville, Fordsville, Kentucky. 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. -16- H.2, 1986 NO. 41 applications RECEIVED- Continued Minneapolis Faith Bank Holding Company, Pierre, South Dakota — for approval to acquire 95.5 percent of the voting shares of Farmers State Bank, Faith, South Dakota. 2/ Minneapolis Merchants Holding Company, Rugby, North Dakota — for approval to acquire at least 80 percent of the voting shares of Merchants Bank, Rugby, North Dakota. 2/ Kansas City Lenexa National Bancshares, Inc., Overland Park, Kansas — for approval to acquire 100 percent of the voting shares of Lenexa Bancorporation, Inc., Lenexa, Kansas and indirectly acquire The Lenexa National Bank, Lenexa, Kansas. 2/ Kansas City Lincshares, Inc., Bellevue, Nebraska — for approval to acquire 100 percent of the voting shares of South Ridge Bank, Lincoln, Nebraska. 2/ Kansas City Stigler Bancorporation, Inc., Stigler, Oklahoma — for approval to acquire 94.9 percent of the voting shares of First Oklahoma National Corporation, Stigler, Oklahoma and indirectly First National Bank, Stigler, Oklahoma. 2/ Kansas City SW Financial Corporation, Albuquerque, New Mexico — for approval to acquire 100 percent of the voting shares of Sunwest Bank of Roswell, N.A., Roswell; Sunwest Bank of Las Cruces, N.A., Las Cruces; and Sunwest Bank of Grant County, Silver City, New Mexico. 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. 41 -17- APPLICATIONS RECEIVED- Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Received Boston Bank of New England Corporation, Boston, Massachusetts — for approval to acquire 100 percent of the voting shares of The Conifer Group, Inc., Worchester, Massachusetts; and indirectly acquire Berkshire Bank and Trust Company, Pittsfield, Massachusetts; Guaranty Bank and Trust Company, Worchester, Massachusetts; Essexbank, Peabody, Massachusetts; Union National Bank, Lowell, Massachusetts; Bank of Cape Cod, Falmouth, Massachusetts; Plymouth-Home National Bank, Brockton, Massachusetts; Patriot Bank, N.A., Boston, Massachusetts. 2/ Philadelphia First Valley Corporation, Bethlehem, Pennsylvania — for approval to acquire 100 percent of the voting shares of West Side Bancorp, Inc., West Pittston, Pennsylvania and indirectly acquire West Side Bank, West Pittston, Pennsylvania. 2/ Philadelphia Statewide Bancorp, Toms River, New Jersey — for approval to acquire 100 percent of the voting shares of The Penn's Grove National Bank and Trust Company, Penns Grove, New Jersey. 2/ Cleveland United Bancorp, Inc., Martins Ferry, Ohio — for approval to acquire 100 percent of the voting shares of The Citizens-State Bank of Strasburg, Strasburg, Ohio. 2/ Richmond CB&T Financial Corp., Fairmont, West Virginia — for approval to acquire 100 percent of the voting shares of The Union Bank of Ilarrisville, Harrisville, West Virginia. 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 41 applications -18RECEIVED- Continued Richmond Maryland National Corporation, Baltimore, Maryland — for approval to acquire 100 percent of the voting shares of American Security Corporation, Washington, D.C., and indirectly acquire American Security Bank, N.A., Washington, D.C. 2/ Atlanta SafraCorp, Miami, Florida — for approval to acquire 100 percent of the voting shares of Colonial Savings Bank, Ocala, Florida, (formerly known as Colonial Savings Bank and Loan Association, Ocala, Florida). 2/ Atlanta SouthTrust Corporation, Birmingham, Alabama — for approval to acquire SouthTrust Bank of Cleburne County, N.A., Heflin, Alabama. 2/ Chicago Central Illinois Community Bancorp, Inc, Peoria, Illinois — for approval to acquire 97.66 percent of the voting shares of Northwest Community Bank, Peoria, Illinois. 2/ Chicago Central Illinois Community Bancorp, Inc., Peoria, Illinois — for approval to acquire 100 percent of the voting shares of First Tazewell Bancorp, Inc., Peoria, Illinois and indirectly acquire First National Bank in East Peoria, East Peoria, Illinois. 2/ Chicago Comerica Incorporated, Detroit, Michigan — for approval to acquire 25.77 percent of the voting shares of MetroBanc, Federal Savings Bank, Grand Rapids, Michigan. 2/ Chicago F & M Financial Services Corporation, Menomonee Falls, Wisconsin — for approval to acquire 100 percent of the voting shares of Bank of Fond du Lac, Fond du Lac, Wisconsin. 2/ Chicago First Southeast Banking Corp., Darien, Wisconsin — for approval to acquire 96.5 percent of the voting shares of Bank of Milwaukee, Milwaukee, Wisconsin. 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 Mo. 41 -19- APPLICATIONS RECEIVED- Continued Chicago NBD Bancorp, Inc., Detroit, Michigan — for approval to acquire 100 percent of the voting shares of Omnibank Corp., Wyandotte, Michigan and indirectly acquire Wyandotte Savings Bank, Wyandotte, Wisconsin. 2/ St. Louis County Bancorporation, Inc., Jackson, Missouri — for approval to acquire 100 percent of the voting shares of Delta Counties Bank, Sikeston, Missouri, a proposed new bank. 2/ Minneapolis Escrow Corporation of America, Inc., Pennock, Minneapolis — for approval to acquire 86.5 percent of the Class A voting stock and 100 percent of the Class B non-voting stock of Madelia Holding Corp., Madelia, New Mexico and indirectly acquire Citizens National Bank of Madelia, Madelia, New Mexico. 2/ Minneapolis Security Bancorporation, Inc., Newport, Minneapolis — for approval to acquire 90.6 percent of the voting shares of The State Bank of Hudson, Hudson, Wisconsin. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Received Cleveland 2/ Trustcorp, Inc., Toledo, Ohio — to merge with St. Joseph Bancorporation, South Bend, Indiana and indirectly acquire St. Joseph Bank and Trust Company, South Bend, Indiana; First National Bank of Angola, Angola, Indiana; First Union Bank and Trust Company of Winimac, Indiana; and Salem Bank and Trust Company, Goshen 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 period. H.2, 1986 No. 41 -20- applications RECEIVED- Continued Chicago First Mid-Illinois Bancshares, Inc., Mattoon, Illinois — for approval to merge with Tuscola Bancorp^ Inc., Tuscola, Illinois and indirectly acquire The First National Bank & Trust Company of Douglas County, Tuscola, Illinois. 2/ St. Louis Bancorp of Mississippi, Inc., Tupelo, Mississippi — for approval to acquire First Mississippi National Corporation, Hattiesburg, Mississippi and indirectly First Mississippi National Bank, Hattiesburg, Mississippi. 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 New England Corporation, Boston, Massachusetts — to acquire Conifer Life Insurance Company, Phoenix, Arizona and thereby engage in the underwriting, through reinsurance, of credit life, and credit accident and health insurance that is directly related to extensions of credit by the banking subsidiaries of The Conifer Group, Inc. Boston Cheshire Financial Corporation, Keene, New Hampshire — to acquire 50 percent of the voting shares of Colonial Mortgage, Inc., Amherst, New Hampshire and thereby engage in originating residential mortgage loans for sale in the secondary market and servicing such loans. Boston Intermediate Corp., Boston, Massachusetts — to acquire Conifer Life Insurance Company, Phoenix, Arizona and thereby engage in the underwriting, through reinsurance of credit life, and credit accident and health insurance that is directly related to extensions of credit by the banking subsidiaries of The Conifer Group, Inc. 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. 41 -21- APPLICATIONS RECEIVED- Continued Philadelphia CoreStates Financial Corp., Philadelphia, Pennsylvania — to acquire Public Finance Service, Inc, Bala Cynwyd, Pennsylvania and thereby engage in making personal and real estate secured loans, purchasing sale finance contracts from dealers in goods and services, and offering credit-related insurance in connection with such loans and contracts. Cleveland St. Joseph Bancorporation, South Bend, Indiana — for approval to engage in re-insurance activities through Salem Financial Life Insurance Company, Goshen, Indiana and to engage in general insurance activities through Salem Insurance Agency, Inc., Goshen, Indiana, a subsidiary of Salem Bank and Trust Company. Cleveland Trustcorp, Inc., Toledo, Ohio — for approval to acquire St. Joseph Insurance Agency, Inc., a subsidiary of St. Joseph Bank and Trust Company and engage in insurance activities and to acquire St. Joseph Mortgage Company, Inc., South Bend, Indiana and engage in mortgage banking activities including making mortgage loans of various types. Richmond Maryland National Corporation, Baltimore, Maryland — to engage de novo (making, acquiring aiid/or servicing loans for itself or for others of the type made by a consumer finance company; commercial finance company; engaging in full pay-out personal and real property leasing; selling credit life, disability, or involuntary unemployment insurance) through its subsidiary, MN Credit Corporation, Baltimore, Maryland. These activities would be conducted nationwide. (10 / 6 / 86 ) Richmond Maryland National Corporation, Baltimore, Maryland — to acquire ASB Capital Management, Inc., Washington, D.C., and thereby engage in the provision of investment or financial advice and to acquire American Security Investment Services, Inc., Washington, D.C., and thereby engage in the provision of securities brokerage services. H.2, 1986 No. 41 -22- APPLICATIONS RECEIVED- Continued Chicago Chrisman Bancorp, Inc., Springfield, Illinois — to engage de novo (selling credit life, disability or involuntary unemployment insurance) through its subsidiary bank First National Bank of C h r i s m a n C h r i s m a n , Illinois. These activities would be performed in Chrisman, Illinois. (10/6/86) Minneapolis Merchants .Holding Company, Rugby, North Dakota — to acquire Merchants Insurance Agency, Rugby, North Dakota and thereby engage in general insurance activities in a community with a population of less than 5,000. Minneapolis Montana Community Banks, Inc., Ronan, Montana — to engage de novo (engaging in community development activities). The activity will be conducted in Montana. (10/10/86)
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