The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1983 No. 42) Actions of the Board; Applications and Reports Received During the Week Ending October 22, 1983 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Statement by Chairman Paul A. Volcker before the J o i n t Economic committee t o discuss the current economic s i t u a t i o n . Statement by Chairman Paul A. Volcker before the Domestic Monetary Policy Subcommittee of the House Banking Committee t o present the views of the Federal Reserve Board on a number of b i l l s of importance f o r the s t r u c t u r e and f u n c t i o n i n g of the Federal Reserve. Statement of Governor Henry C. Wallich before the Subcommittee on Domestic Monetary Policy of the House Banking Committee t o discuss the problems of the strong d o l l a r . Regulation X, complete r e v i s i o n and s i m p l i f i c a t i o n of the r e g u l a t i o n , comment should be received on or before November 30, 1983. (Docket No. R-0487) Regulation 0 , proposed changes, t o conform the r e g u l a t i o n t o the Garn-St Germain Depository I n s t i t u t i o n s Act of 1982; the Board requested comment by November 19, 1983. (Docket No. R-0486) The Federal Reserve Board extended the period f o r comment on the fee schedule and service enhancements f o r automated clearinghouse services proposed i n a release of September 23, 1983; the comment period has been extended through December 2, 1983. Boston 1 New Howard Bank, National A s s o c i a t i o n , B u r l i n g t o n , Vermont, proposal t o merge w i t h the Howard Bank; r e p o r t to the Comptroller of the Currency on competitive f a c t o r 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 . K . 2 , 1 # 3 No. 4? - ? ACTIONS OF THE BOARD - Continued f Raymond I n d u s t r i e s and Safeway Products, both of K i d d l e t o w n , C o n n e c t i c u t , d e r e g i s t r a t i o n approved. V York C i t i c o r p * New York, New York, extension o f time t o J u l y 24, 1984, t o continue t o hold i n d i r e c t l y 2,231,626 shares ( 1 0 . 8 percent) of t h e common stock o f Commonwealth O i l R e f i n i n g Company, I n c . , acquired i n s a t i s f a c t i o n o f debts p r e v i o u s l y contracted. ] / ex t ( * k F i r s t National Bank of Central J e r s e y , Bridgewater, New J e r s e y , proposal t o purchase the assets and assume the l i a b i l i t i e s of a branch of American National Bank, M o r r i s t o w n , New Jersey located i n Alexandria Township, New J e r s e y ; r e p o r t t o the Comptroller of the Currency on c o m p e t i t i v e factors. ] / New York C i t y National Bancshares C o r p o r a t i o n , Newark, New J e r s e y , extension o f t i m e w i t h i n which t o become a bank h o l d i n g company w i t h respect t o C i t y National Bank o f New J e r s e y , Newark, New J e r s e y . ]_/ Philadelphia Faston National Bank and Trust Company, Easton, Pennsylvania, proposal t o merge w i t h Easton National I n t e r i m Bank and Trust Company, A l l e n t o w n , Pennsylvania, under t h e c h a r t e r o f the l a t t e r and w i t h the t i t l e o f the f o r m e r ; r e p o r t t o the Compt r o l l e r o f the Currency on c o m p e t i t i v e f a c t o r s . _]_/ (NldiiHfihia Columbia County Farmers National Bank, O r a n g e v i l l e , Pennsylvania, proposal t o merge w i t h CCFNB, O r a n g e v i l l e , Pennsylvania, under t h e c h a r t e r o f the l a t t e r and w i t h t h e t i t l e of the former; r e p o r t t o the Comptroller o f the Currency on c o m p e t i t i v e factors. J / ladelphia F i r s t Pennsylvania Bank, N . A . , P h i l a d e l p h i a , Pennsylv a n i a , r e q u e s t i n g a one-year extension of the h o l d i n g p e r i o d f o r d i s p o s i n g o f the shares of Eastern Reincorporation. ] / n ^ v # land i/ Peoples Bank and Trust Cpompany, Van Wert, Ohio, t n make an investment i n bank premises. 1/ 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.?, 4? . 3 ACTIONS OF THE BOARD - Continued Atlanta Monroe County Bank, M o n r o e v i l l e , Alabama, t o make an investment i n bank premises. ] / Atlanta New I b e r i a National Bancorp, I n c . , New I b e r i a , L o u i s i a n a , extension o f time u n t i l January 11, 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 New I b e r i a National Bank, New I b e r i a , Louisiana. 2 / Chicago Pacesetter Bank & Trust - West, Grand Haven, Michigan, a p p l i c a t i o n f o r p r i o r approval t o merge w i t h Old Kent Bank of Norton Shores, National A s s o c i a t i o n , Norton Shores, Michigan, under the c h a r t e r of Pacesetter Bank & Trust - West, and t i t l e o f Old Kent Bank of Grand Haven; report to the Federal Deposit Insurance Corporation on competitive factors. ] / Chicago C a r r o l l National Bank, F l o r a , Indiana, a p p l i c a t i o n f o r p r i o r approval t o merge w i t h The Bright National Bank at F l o r a , F l o r a , Indiana, under the charter of C a r r o l l National Bank and t i t l e of The Bright National Bank at F l o r a ; r e p o r t t o the Comptroller o f the Currency on competitive f a c t o r s . J / Chicago Comerica Bank-Metro East, National A s s o c i a t i o n , S t e r l i n g Heights, Michigan, a p p l i c a t i o n f o r p r i o r approval t o purchase Commonwealth State Bank, D e t r o i t , Michigan, under the c h a r t e r and t i t l e of Comerica Bank-Metro East, National A s s o c i a t i o n ; report t o the Comptroller o f the Currency on competitive f a c t o r s . V Chicago C i t i z e n s Holding Company, Park Ridge, I l l i n o i s , ext e n s i o n o f time t o January 20, 1984, w i t h i n which t o acquire 80 percent or more of the v o t i n g shares o f C i t i z e n s Bank & Trust Company, Park Ridge, I l l i n o i s . 2 / Chicago Signal Bancorp, M o n t i c e l l o , Indiana, extension of time t o November 25, 1983, 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 80 percent or more of the v o t i n g shares of State and Savings Bank, M o n t i c e l l o , Indiana. 2 / (htdW U n i v e r s i t y Bancshares, I n c . , Milwaukee, Wisconsin, extension of time to January 19, 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 80 percent or more of the v o t i n g shares of U n i v e r s i t y National Bank, Milwaukee, Wisconsin. 2 / 1/ - Application processed on behalf o f the Board of Governors under delegated a u t h o r i t y . H.?, 19P3 No. a? - 4 ACTIONS OF THE BOARD - Continued S t . Louis Country Bancorp, I n c . , Mount O l i v e , I l l i n o i s , a d d i t i o n a l extension of time u n t i l December 31, 1983, 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 the successor by merger t o National Bank of Mount O l i v e , Mount O l i v e , 111inois. V S t . Louis F i r s t Tennessee Bank, N.A., Memphis, Tennessee, proposal t o merge w i t h 14 a f f i l i a t e d subsidiary banks of F i r s t Tennessee National Corporation, Memphis, Tennessee; report t o the Comptroller of the Currency on competitive f a c t o r s . \ j S t . Louis F i r s t Missouri Bank of Washington, Washington, Missouri, proposal t o merge w i t h and i n t o F i r s t Missouri Bank of Franklin County, Gerald, M i s s o u r j ; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J_/ S t . Louis F i r s t & Peoples Bank, S p r i n g f i e l d , Kentucky, proposal t o merge with New F i r s t & Peoples Bank, S p r i n g f i e l d , Kentucky, I n c . ; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Kansas C i t y Commerce Bank of S t . Louis, N.A., S t . Louis, Missouri, proposal t o merge w i t h Commerce Bank of Mound C i t y , St. Louis, Mi ssouri ; report t o the Comptroller of the Currency on competitive f a c t o r s . ]_/ Kansas City Commerce Bank of Kansas C i t y , N.A., Kansas C i t y , Mi ssouri , proposal t o merge w i t h Commerce Bank of Blue H i l l s , Kansas C i t y ; Commerce Bank of Independence, N.A., Independence; Commerce Bank of Grandview, N.A., Grandview; and Plaza Bank and Trust Company, Kansas C i t y , Mi s s o uri ; report t o the Comptroller of the Currency on competitive f a c t o r s . ]_/ Kansas City American National Bank i n S t . Louis, S t . Louis, Mi ssouri , proposal to merge w i t h C i t y Bank, S t . Louis, Mi ssouri ; report t o the Comptroller of the Currency on competitive f a c t o r s . _V Kansas C i t y Nodaway Valley Bank, M a r y v i l l e , M i s s o u r i , proposal t o merge w i t h The Interi m Bank of Nodaway V a l l e y , M a r y v i l l e , Mi ssouri ; report to the Federal Deposit Insurance Corporation on competitive f a c t o r 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. 42 - 5 ACTIONS OF THE BOARD - Continued Kansas C i t y N.B.C. Bancshares i n Pawhuska, I n c . , Pawhuska, Oklahoma, extension of time u n t i l November 22, 1983, i n which t o consummate the a c q u i s i t i o n o f National Bank o f Commerce, Pawhuska, Oklahoma. V Dallas Texas Commerce Bancshares, I n c . , Houston, Texas, extension of time t o January 8, 1984, i n which t o consummate the a c q u i s i t i o n of Texas Commerce BankNorthcross, N.A., A u s t i n , Texas, a proposed new bank. J_/ Dallas Hidalgo County Bank and Trust Company, Mercedes, Texas, proposal t o merge w i t h New Hidalgo County Bank and T r u s t , Mercedes, Texas; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . V Dallas National Bancshares Corporation of Texas, San Antonio, Texas, extension of time t o December 15, 1983, w i t h i n which t o consummate the a c q u i s i t i o n of Coastal Bend Bancshares, I n c . , Robstown, Texas. ]_/ Dallas Med Center Bank, Houston, Texas, proposed merger with New Med Center Bank, Houston, Texas; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ Dallas F i r s t National Bank of Weslaco, Weslaco, Texas, proposal t o merge w i t h Second State Bank o f Weslaco, Weslaco, Texas; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . V Dallas National Bank o f Commerce, Edinburg, Texas, proposal t o merge w i t h Second State Bank o f Commerce, Edinburg, Texas; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1J Dallas F i r s t National Bank of Katy, Katy, Texas, proposal t o merge w i t h F i r s t Katy Bank, Katy, Texas; report t o the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/ 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 , extension of time w i t h i n which t o e s t a b l i s h branches; (1) t o October 15, 1984, w i t h i n which t o e s t a b l i s h a branch o f f i c e in the v i c i n i t y of the i n t e r s e c t i o n of Betteravia Road and M i l l e r S t r e e t , City of Santa Maria; V 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, 19P3N0, 4? 6 ACTIONS OF THE BOARD - Continued (2) to October 24, 1984, w i t h i n which to e s t a b l i s h a branch 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 Sunrise Avenue and Douglas Boulevard, City of R o s e v i l l e ; and (3) t o October 22, 1984, w i t h i n which t o e s t a b l i s h a branch o f f i c e in the v i c i n i t y of the i n t e r s e c t i o n of Colima and Albatross Roads i n the unincorporated community of Rowland Heights, Los Angeles County, C a l i f o r n i a . JJ Temporary suspension of the Regulation 0 penalty normally imposed upon the e a r l y withdrawal of time deposit funds f o r depositors i n the Arizona counties of Graham, Greenlee, Pima, Pinal , Santa Cruz, G i l a , Yavapai, Cochise, and Mohave, and p o r t i o n s of Apache and Navajo counties a f f e c t e d by severe storms and f l o o d i n g . V 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. 4? . 7 ACTIONS OF THE BOARD - Continued To Merge Pursuant t o Section 18(c) of the Federal Deposit Insurance Act Approved The Schenectady Trust Company, Schenectady, New York. To purchase c e r t a i n assets and assume c e r t a i n l i a b i l i t i e s of seven branches of The Bank o f New York, New York, New York, located i n Albany and Greene Counties. 1/ New York * * * * * To E s t a b l i s h a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Approved Bank of V i r g i n i a , Richmond, V i r g i n i a . To e s t a b l i s h an EFT terminal at Oyster Point I n d u s t r i a l Park, 610 Thimble Shoals Boulevard, Newport News, V i r g i n i a . JV Richmond » rid Union Trust Company of Maryland, Baltimore, Maryland. To e s t a b l i s h a branch at 101-102 Baltimore Annapolis Boulevard and Drum Point Ave., Anne Arundel County, Maryland. ] / Chicago 1st Source Bank, South Bend, Indiana. To e s t a b l i s h a branch i n Room 107, Nagger College Center on the campus of S t . Mary's College, Notre Dame, S t . Joseph County, Indiana. 1/ * * * * * Issued I n t e n t Not t o Disapprove Change of Control Pursuant t o Change i n Bank Control Act of 1978 St* Louis Not Disapproved Brentwood Bancshares Corporation, S t . Louis, M i s s o u r i . Kansas C i t y Montrose Savings Bancshares, I n c . , Montrose, M i s s o u r i . 1/ * ) * * * * A p p l i c a t i o n processed on behalf of the Board o f Governors under (feiewtw# a u t h o r i t y . %.?+ - P - No.4? ACTIONS OF THE BOARD - Continued 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 ) ( 1 3 ) and 4 ( c ) ( 1 4 ) ^ of the Bank Holding Company Act o f 1956, as amended Approved The I n t e r n a t i o n a l Commercial Bank of China, T a i p e i , Taiwan, entered i n t o an agreement ICBC t h a t would l i m i t the d e p o s i t - t a k i n g a c t i v i t i e s of a branch in Los Angeles, C a l i f o r n i a . (10/20/83) ] / Sen f r anc t s co W fr«*n(isto Westpac Banking Corporation, Sydney, A u s t r a l i a , entered i n t o an agreement t h a t Westpac would l i m i t the d e p o s i t - t a k i n g a c t i v i t i e s of a branch i n San Francisco, C a l i f o r n i a . (8/18/83) J / At a r t a I n t e r c o n t i n e n t a l Bank Holding Company, Miami, F l o r i d a : grants consent t o acquire up t o 52 percent of the v o t i n g shares of Banque Intercommerciale de Gestion, Lausanne, Switzerland. * * * * * To form a Bank Holding Company Pursuant t o Section a j j *) of the Bank Holding Company Act of 1956 Kansas C i t y hen d Pic hmond 1/ Withdrawn Triad Bancshares, I n c . , Tulsa, Oklahoma, f o r approval t o acquire 100 percent o f the v o t i n g shares of Triad Bank, N.A., Tulsa, Oklahoma, a proposed new hank. Approved Key Bancorp, I n c . , Logan, West V i r g i n i a , f o r approval t o acquire at least 80 percent of the voting shares o f The National Bank o f Logan, Logan, West V i r g i n i a . ]_/ Lake C i t y Bancshares, I n c . , Lake C i t y , South C arol i na, f o r approval t o acquire 100 percent of the voting shares of Lake C i t y State Bank, Lake C i t y , South C a r o l i n a . 1/ Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.?, 1983 No. 4? - 9 ACTIONS OF THE BOARD - Continued Richmond Pocahontas Bankshares Corporation, B l u e f i e l d , West V i r g i n i a , f o r approval t o acquire 100 percent of the v o t i n g shares of the successor by merger to The F i r s t National Rank of B l u e f i e l d , B l u e f i e l d , West V i r g i n i a . ] / Atlanta CBS Bancshares, I n c . , Spencer, Tennessee, f o r approval t o acquire at least 80 percent of the voting shares of C i t i z e n s Bank of Spencer, Spencer, Tennessee. V Atlanta Columbiana Bancshares, I n c . , Columbiana, Alabama, f o r approval t o acquire at least 80 percent of the v o t i n g shares of F i r s t National Bank of Columbiana, Columbiana, Alabama. ]_/ Atlanta Local I n v e s t o r s , I n c . , U n a d i l l a , Georgia, f o r approval t o acquire at l e a s t 80 percent of the voting shares o f State Bank and Trust Company, U n a d i l l a , Georgia and at least 12.6 percent of the voting shares of C i t i z e n s Bank , Vienna, Georgia. JJ Atlanta T r i - S t a t e Bancshares, I n c . , K n o x v i l l e , Tennessee, for approval t o acquire at least 80.3 percent of the v o t i n g shares of The F i r s t National Bank of Polk County, Copperhil1, Tennessee. V Chicago The Farmers Bancorp, F r a n k f o r t , Indiana, f o r approval t o acquire at least 80 percent of the voting shares of the successor by merger to The Farmers Bank, F r a n k f o r t , Indiana. V S t . Louis Lincoln Bankshares, I n c . , L i n c o l n , Arkansas, for approval t o acquire at l e a s t 82.1 percent of the v o t i n g shares of Bank of L i n c o l n , L i n c o l n , Arkansas. ]_/ Minneapoli s Bancommunity Service Corporation, S t . Peter, Minnesota, f o r approval to acquire at least 80 percent of the voting shares of The F i r s t National Bank of S t . Peter, St. Peter, Minnesota. J J Minneapoli s Carl son Bankshares, I n c . , Comfrey, Minnesota, f o r approval t o acquire at least 89.25 percent of the v o t i n g shares of Peoples State Bank of Comfrey, Comfrey, Minnesota. 1/ 1/ 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.P, 1983 No. 4? - TO ACTIONS OF THE BOARD - Continued Minneapol i s Financial Services of E v a n s v i l l e , I n c . , Albany, Minnesota, for approval to acquire at l e a s t 82.1 percent of the v o t i n g shares of Farmers State Bank o f E v a n s v i l l e , F v a n s v i l l e , Minnesota. ]_/ Minneapolis Onalaska Holding Company, I n c . , Onalaska, Wisconsin, f o r approval t o acquire 80.87 percent of the voting shares of Bank of Onalaska, Onalaska, Wisconsin. ]_/ Kansas City Farmers State Bancorporation of Yuma, I n c . , Yuma, Colorado, f o r approval to acquire at least 80 percent of the voting shares of Farmers State Bank, Yuma, Colorado. ]_/ Kansas City One S e c u r i t y , I n c . , Kansas C i t y , Kansas, f o r approval t o acquire 100 percent of the voting shares of Security Bancshares, I n c . , Kansas C i t y , Kansas, and i n d i r e c t l y acquire Security National Bank, Kansas C i t y , Kansas. ] / Kansas City Salina Bancshares, I n c . , W i c h i t a , Kansas, for approval t o acquire at least 99.6 percent of the voting shares of United Bankshares, I n c . , S a l i n a , Kansas and i n d i r e c t l y acquire The Planters Bank and Trust Company, Sal i n a , Kansas. ]_/ Dallas Texas F i r s t Financial Corporation, D a l l a s , Texas, 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 Dallas I n t e r n a t i o n a l Bank, D a l l a s , Texas, and F i r s t Bank & T r u s t , Tombal1, Texas. V San Franci sco High Tech Bancorp, Los Gatos, C a l i f o r n i a , f o r approval t o acquire 100 percent of the voting shares of High Tech National Bank, Los Gatos, C a l i f o r n i a , a proposed new bank. ]_/ San Francisco Western Independent Bancshares, I n c . , Auburn, Washington, f o r approval t o acquire at least 95 percent of the voting shares of Auburn Valley Bank, Auburn, Washington. ]_/ * 1/ * * * * Application processed on behalf of the Board of Governors under delegated authority. H.2, 1983No. 42 -11ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant t o Section 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956 Richmond Approved F i r s t C i t i z e n s Bancorporation of South Carolina, I n c . , Columbia, South C a r o l i n a , f o r approval to acquire at least 25 percent of the v o t i n g shares of Rock H i l l National Bank, Rock H i l l , South Carolina and up t o 62 percent of RHNB Corporation, Rock H i l l , South C a r o l i n a . ]_/ Chicago Harris Bankcorp, I n c . , Chicago, I l l i n o i s , for approval t o acquire 100 percent of the v o t i n g shares of the successor by merger to Bank of N a p e r v i l l e , N a p e r v i l l e , I11 i n o i s . ]_/ Minneapolis Jackass Creek Land and L i v e s t o c k , Company, Ennis, Montana, f o r approval t o acquire an a d d i t i o n a l 10.8 percent f o r a t o t a l of 57.5 percent of the voting shares of F i r s t Madison Valley Bank, Ennis, Montana. ]_/ Kansas City The American Company, Lawton, Oklahoma, f o r approval t o acquire 100 percent of the preferred shares of American National Bancorp, I n c . , Lawton, Oklahoma and i n d i r e c t l y The Sheridan Bank and Trust Company, Lawton, Oklahoma. V Kansas City American National Bancorp, I n c . , Lawton, Oklahoma, f o r approval t o acquire 100 percent of the voting shares of Sheridan Bancorp, I n c . , Lawton, Oklahoma and 19.87 percent of the voting shares of The Sheridan Bank and Trust Company, Lawton, Oklahoma. ]_/ Kansas City Citizens Banco, I n c . , Westminster, Colorado, for approval t o acquire 100 percent of the voting shares o f C i t i z e n s Bank of Glendale, Glendale, Colorado, a proposed new bank. 1/ Kansas C i t y Fourth Financial Corporation, Wichita, Kansas, for approval t o acquire 24.98 percent of the voting shares and 100 percent of the nonvoting shares of Salina Bancshares, I n c . , W i c h i t a , Kansas and i n d i r e c t l y acquire The Planters Bank and Trust Company, S a l i n a , Kansas. ]_/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H . f , 1*P3 NO. 4? - 1 ? - ACTIONS OF THE BOARD - Continued < City Kansas C i t y City I n d u s t r i a l Bancshares, I n c . , Kansas C i t y , Kansas, f o r approval t o acquire at least 40 percent of the nonvoting class A and class P common stock of One Security* I n c . , Kansas C i t y , Kansas. 1/ Mission Bancshares, I n c . , Mission, Kansas, f o r approval t o acquire at least 20 percent of the nonvoting class A and class B common stock of One S e c u r i t y , I n c . , Kansas C i t y , Kansas. ] / Valley View Bancshares, I n c . , Overland Park, Kansas, f o r approval t o acquire at least 40 percent of the nonvoting class A and class B common stock of One S e c u r i t y , I n c . , Kansas C i t y , Kansas. 2 / pent Tree Bancshares, I n c . , D a l l a s , Texas, for approval t o acquire 100 percent of the voting shares of Plaza Centre National Bank, I r v i n g , Texas, a proposed new bank. J / OaUas Falcon Bancorporation, I n c . , C h i l d r e s s , Texas, for approval f o acquire at least 80 percent of the voting shares of The F i r s t National Bank of Memphis, Memphis, Texas. 1/ landmark Financial Group, I n c . , Fort Worth, Texas, f^r (ipprnvai to acquire 100 percent of the voting shares of Landmark Bank of Fort Worth, Fort Worth, Ioxa<, a proposed new bank. 1/ To Fxpanf a Bank Holding Company Pursuant t o Section of the Bank Holding Company Act o f 1956 Approved Trust Company of Georgia, A t l a n t a , Georgia, f o r a p i r o v a l to merge w i t h Peachtree Bancshares, fh<inhlei» f Georgia and thereby i n d i r e c t l y to acquire Peachtree Bank and Trust Company, Chamblee, Georgia and Bank of Woodstock, Woodstock, Georgia. 3/ A ; p i i c a t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y . 1QP3 4? -13ACT!Of(S OF THE BOARD - Continued fkpand ^ Pank Holding Company Pursuant to Section «StaXRi the Pank Holding Company Act of 1956 as f i t ) at Returned X c - ^ r e r i c a Bancshares, I n c . , Wichita, Kansas* 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 consumer and commercial finance a c t i v i t i e s , including the extension of r e t a i l and installment notes or contracts, the purchase of recreational lot notes, the extension of direct loans to dealers for the financing of inventory [ f l o o r planning! and working capital purposes, and acting as agent for sale of l i f e , accident and health insurance d i r e c t l y related to : t s extensions of c r e d i t ) these a c t i v i t i e s *ou#d he conducted in the State of Kansas, through subsidiary, Financial Services of Mid-America, Inc. ( 1 0 / 2 0 / 2 3 ) 3 / ;enters Southwest Corporation, Dallas, Texas, r a t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (making or acquiring and servicing loans and other extensions of credit such as would be made by a mortgage company, finance, credit card, or factoring company; acting as an investment ana financial advisor to the extent of furnishing general economic information and advice, general economic s t a t i s t i c a l forecasting services and industry studies as well as providing portfolio investment advice to any other person and serving as an advisory company for a mortgage or real estate investment t r u s t ; providing bookkeeping on data processing for the internal operations of Rankers Southwest Corporation and i t s subsidiaries and for others pursuant to 225.4 8 ( i i ) ; providing courier services for internal operations of the Rankers Southwest Corporation and i t s subsidiaries) the service area to he served by Rankers Southwest Corporation shall be the State of Texas, for a l l a c t i v i t i e s (Q/26/R3) 3/ n o n f a t nr processed by Reserve Bank on behalf of the r i ^ f d of noverrrft uncer delegated authority. H.?, iGf? t o . dp 14 ACTIONS OF THE BOARD - Continued New Yon u1 i s Kansas City » 3/ Financial Services of Evansville, I n c . , Albany, Minnesota, for approval to engage in general insurance a c t i v i t i e s in a community with a population of less than 5,000. 1/ Farmers State Bancorporation of Yuma, I n c . , Yuma, Colorado, for approval to acquire 100 percent of Farmers State Agency, Yuma, Colorado. 1/ Permitted The Bank of New York Company, I n c . , New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (making loans secured by f i r s t and second mortgages on real estate consisting of one-to-four family residential properties) at 1570 Old Country Road, Westhury, New York, through i t s subsidiary, ARCS Mortgage, Inc. (10/20/83) 2 / '.ew 2/ Approved Chemical New York Corporation, New York, New York, for approval to engage d i r e c t l y for i t s own account in purchases, sales and repurchase agreements with respect to money market instruments, including hankers' acceptances, c e r t i f i c a t e s of deposits and third party commercial paper. Bankers Trust New York Corporation, New York, New York, requests permission to establish two de novo offices engaging in the following a c t i v i t i e s (executing and clearing futures contracts on U. S. government and GNMA securities, negotiable money market instruments, foreign exchange and b u l l i o n on the major commodity exchanges and t h e i r a f f i l i a t e d c l e a r i n g associations through de novo branch o f f i c e s ) at ?80 Park Avenue, New York, New York, and 1100 Milam, Houston, Texas, through i t s subsidiary, BT Futures Corp. (10/21/R3) 3/ Application processed on behalf of the Board of Governors under delegated authority. dfc)?R) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Hoard of Governors under delegated authority. H.7, 1983 No. 4? - 15ACTIONS OF THE BOARD - Continued 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 de novo o f f i c e s engaging in the f o l l o w i n g a c t i v i t i e s ~ T t h e making or acquiring of loans and other extensions o f c r e d i t , secured or unsecured, for 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 brokers, 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, a c q u i r i n g , and s e r v i c i n g , for i t s own account and f o r the account of o t h e r s , of extensions of c r e d i t 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 r e l a t e d to extensions of mortgage loans) at 176 Middle S t r e e t , Portland, Maine, through i t s s u b s i d i a r i e s , C i t i c o r p Homeowners, Inc. and Citcorp Person-to-Person Financial Center, I n c . (10/16/83) 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 de novo o f f i c e s engaging in the f o l l o w i n g a c t i v i t i e s ~ T t h e making or acquiring of loans and other extensions o f 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 brokers, as r e q u i r e d ; the sale of consumer oriented 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, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r the account of o t h e r s , of extensions of c r e d i t 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 r e l a t e d to extensions of mortgage loans) at AAMCO B u i l d i n g , 4th Floor One P r e s i d e n t i a l B l v d . , Bala Cynwyd, Pennsylvania, through i t s s u b s i d i a r i e s , C i t i c o r p Homeowners, Inc. and C i t i c o r p F i n a n c i a l , I n c . (10/16/83) 3/ Nmw York Norstar Bancorp I n c . , Albany, 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 f o l l o w i n g a c t i v i t i e s ( a c t i n g as an advisory company f o r mortgage and real estate investment t r u s t s , serving as an investment advisory, as defined in Section 2(a)(20) of the Investment Company Act of 1940, to investment companies registered under such a c t , providing p o r t f o l i o 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.?, 1983 No, 4? - 16 ACTIONS OF THE BOARD - Continued investment advice to other persons and, i n p a r t i c u l a r , t o the t r u s t departments of the subsidiary banks o f Norstar Bancorp I n c . and Security New York State Corporation, f u r n i s h i n g general economic information and advice, general economic and s t a t i s t i c a l f o r e c a s t i n g services and industry s t u d i e s , providing f i n a n c i a l advice t o State and local governments, such as w i t h respect t o the issuance of t h e i r s e c u r i t i e s , and conducting such i n c i d e n t a l a c t i v i t i e s as are necessary to c a r r y out the a c t i v i t i e s s p e c i f i e d above) at One East Avenue, Rochester, New York, through i t s s u b s i d i a r y , Norstar Investment Advisory Services, Inc. (10/21/83) 3/ Richmond Union Trust Bancorp, B a l t i m o r e , Maryland, 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 (making i n s t a l l m e n t loans to i n d i v i d u a l s f o r personal, family or household purposes; purchasing sales finance cont r a c t s executed i n connection with the sale of personal, f a m i l y or household goods or s e r v i c e s ; a c t i n g as agent in the sale of c r e d i t l i f e and c r e d i t accident and health insurance d i r e c t l y r e l a t e d t o i t s extensions of c r e d i t ; a c t i n g as agent in the sale of insurance p r o t e c t i n g c o l l a t e r a l held against the extensions of c r e d i t ; and making mortgage loans secured in whole or in part by mortgages or other l i e n s on real e s t a t e ) at 300 B a t t l e f i e l d Boulevard, North, Chesapeake, V i r g i n i a , through i t s s u b s i d i a r y , Landmark Financial Services of V i r g i n i a , I n c . (10/21/83) 2 / Chicago Harris Bankcorp, I n c . , Chicago, 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 t o engage i n de novo a c t i v i t i e s ( i n performing any one or more of the functions or a c t i v i t i e s t h a t may be performed by a t r u s t company i n c l u d i n g a c t i v i t i e s of a f i d u c i a r y , agency or custodial nature) i n New York, New York, these a c t i v i t i e s would be conducted nationwide, through i t s s u b s i d i a r y , Harris Trust Company of New York (10/18/83) 3/ Chicago Manufacturers National Corporation, D e t r o i t , Michigan, f o r p r i o r approval t o acquire 100 percent of Manufacturers Trust Company of F l o r i d a , N.A., North Palm Beach, F l o r i d a , t o e s t a b l i s h a de novo t r u s t company and t o engage i n personal t r u s t and estate a c t i v i t i e s also s e l f employment 3/ *3 ' c } ' 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Poard of Governors under delegated a u t h o r i t y . H.2, 1983 No. 42 -17ACTIONS OF THE BOARD - Continued and individual retirement accounts, the geographic area to served w i l l be Palm Beach County and i t s immediate environs (10/22/83) 2 / Kansas City IntraWest Financial Corporation, Denver, Colorado, 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 origination of VA, FHA, and Conventional mortgage loans as well as real estate commercial and construction loan a c t i v i t i e s as would be made by a mortgage banking company) these a c t i v i t i e s would be performed in the State of Colorado and more particularly in the northwestern quadrant of the Denver, Colorado, metropolitan area as well as in Boulder County, Colorado, through i t s subsidiary, IntraWest Mortgage Company (8/22/83) 3/ Kansas City Tampa State Bankshares, I n c . , Tampa, Kansas, notification of intent to engage in de novo a c t i v i t i e s (in securities brokerage services) in the City of Tampa, Kansas and the surrounding area including Marion and Dickinson Counties, Kansas (10/21/83) 2 / Dallas Schreiner Bancshares, I n c . , K e r r v i l l e , Texas, 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 n the underwriting of credit l i f e insurance and credit accident and health insurance which is d i r e c t l y related to extensions of credit by the Applicant or i t s subsidiaries) through i t s subs i d i a r y , Schreiner Life Insurance Company (10/21/83) 3/ San Francisco Security Pacific Corporation, 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 intent to engage in de novo a c t i v i t i e s ( i n the origination and acquisition of mortgage loans, including development and construction loans on multi-family and commercial properties for Security Pacific Mortgage Corporation's own account or for sale to others; and the servicing of such loans f o r others) at 3001 Henderson Drive, Cheyenne, Wyoming, serving the State of Wyoming, through i t s subsidiary, Security Pacific Mortgage Corporation (10/17/83) 3/ San Francisco Sterling Bancorporation, 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 intent to engage in de novo a c t i v i t i e s ( i n making or acquiring loans and other extensions of credit such as would be made by a borrowers equipment, inventory, accounts receivable, 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 authority. i H.?, No. 42 - 18 ANIONS UP THE BOARD - Continued real estate or other assets; servicing such loans for others; and making leases of personal property in accordance with the Board's Regulation Y) at 3287 Wilshire Boulevard, Los Angeles, C a l i f o r n i a , serving Southern C a l i f o r n i a , through i t s subsidiary, Sterling Business Credit. Inc. (10/17/83) 3V Kfo United I n c o r p o r a t i o n , Alaska, I n c . , Anchorage, Alaska, 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 ( ( a ) making or acquiring loans and other extensions of credit such as would be made by a mortgage company and/or commercial financial company including: real estate construction loans, both commercial and r e s i d e n t i a l ; real estate residential term loans; commercial loans secured by a borrower's inventory, accounts receivable, or other assets; and i n s t a l l m e n t consumer loans; and (b) servicing such loans f o r others, i n accordance with the Board's Regulation Y; and (c) acting as agent or broker for credit related l i f e , a c c i d e n t , health or unemployment insurance; pursuant to Section 601(A) of t i t l e VI of the Garn-St Germain Act) at 440 East 36th, Anchorage, Alaska, serving the State of Alaska, through i t s subsidiary, UBA Mortgage Company, Inc. (10/22/83) 2 / * * * * * To Issue E l i g i b l e Acceptances Up to 200 Percent of Paid-in Capital and Surplus Cleveland ]/ ?/ Approved Mellon National Corporation, Pittsburgh, Pennsylvania: granted permission f o r Mellon Bank, N.A., t o accept d r a f t s of b i l l s of exchange up t o 200 percent of i t s paid-up and unimparied c a p i t a l stock and surplus pursuant t o Section 13 of the Federal Reserve Act. (10/17/83) 1/ Application processed on behalf of the Board of Governors under delegated authority. n o t i f i c a t i o n processed by Reserve Bank on behalf of the &oard of Governors under delegated authority. H.?, 19*3 No. 4? -19APPLICATIONS RECEIVED To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Richmond F i r s t Virginia Bank - Eastern Shore, Onancock, V i r g i n i a , to merge with Peoples Trust Bank, Exmore, V i r g i n i a . 2/ Richmond F i r s t Virginia Bank - Central, C h a r l o t t e s v i l l e , V i r g i n i a , to merge with First Virginia Bank of Orange, Orange, V i r g i n i a . 2V Chicago American Bank of Bloomington, Bloomington, I l l i n o i s , to merge with American State Bank of Bloomington, I l l i n o i s . ?/ * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Chicago American Bank o f Bloomington, Bloomington, I l l i n o i s . 2/ Chicago Marine Interim Bank, Antigo, Wisconsin. 2/ * * * * * To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Philadelphi a F i d e l i t y Bank , Rosemont, Pennsylvania. To e s t a b l i s h a branch at 2700 Interplex Drive, Trevose, Bucks County, Pennsylvania. 2J San Francisco Home Valley Bank, Cave Junction, Oregon. Branch o f f i c e to be located in the Deer Creek Plaza in the v i c i n i t y of the intersection of Deer Creek Road and Redwood Highway in Selma, Oregon. 2/ * 2/ * * * * Application subject to Community Reinvestment Act. The Community A f f a i r s Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.. H.2, 1983 No. 42 -20APPLICATIQNS RECEIVED - Continued Applications 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 New York The Bank of Bermuda L i m i t e d , Hamilton, Bermuda: requests consent t o e s t a b l i s h an Edge Act corporation i n New York, New York, t o be named Bank of Bermuda I n t e r n a t i o n a l L i m i t e d . New York Citibank Overseas Investment Corporation, Wilmington, Delaware: p r i o r n o t i f i c a t i o n of i t s i n t e n t to acquire a d d i t i o n a l shares of Diners Club Deutschland BmbH, F r a n k f u r t , Germany. New York Citibank Overseas Investment Corporation, Wilmington, Delaware: p r i o r n o t i f i c a t i o n of i t s i n t e n t to acquire a d d i t i o n a l shares of Diners Club De France S.A., P a r i s , France and Diners Club of Greece S.A., . Athens, Greece. New York C i t i c o r p , New York, New York, p r i o r n o t i f i c a t i o n of i t s i n t e n t t o make an a d d i t i o n a l investment i n C i t i c o r p C r e d i t , I n c . , Tokyo, Japan. San Francisco Rainier Bancorporation, S e a t t l e , Washington: p r i o r n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h an export t r a d i n g company t o be named Rainier I n t e r n a t i o n a l Trading Company in Seattle, Washington. San Francisco S e a t t l e - F i r s t National Bank, S e a t t l e , Washington: p r i o r n o t i f i c a t i o n of i t s i n t e n t t o increase the share c a p i t a l t o S e a t t l e - F i r s t Bank Canada. To Form a Bank Holding Company Pursuant t o Section 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956 New York B.N.Y. Holdings Corporation, Wilmington, Delaware, f o r approval t o acquire at l e a s t 99.9 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of The Bank of New York (Delaware), Wilmington, Delaware, a proposed new bank. 2/ 7J 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 be contacted as t o the length of the comment p e r i o d . H.2, 1983 No. 42 APPLICATIONS RECEIVED - Continued New York Bremar I n t e r n a t i o n a l L i m i t e d , Bremar Holdings L i m i t e d ; and Bremar America L i m i t e d , a l l of London, England, and Bremar Banking Corporation, New York, New York, f o r approval t o acquire at l e a s t 50.1 percent; at least 51 percent; at l e a s t 50.1 percent and at least 50.1 percent of The Bank of Long I s l a n d , N.A., East I s l i p , New York, r e s p e c t i v e l y . 2/ Cleveland FSB Financial Corp., New Madison, Ohio, f o r approval t o acquire 100 percent of the voting shares of The Farmers State Bank and Trust Company, New Madison, Ohio. 2/ Atlanta The Weatherford Foundation of Red Bay, Alabama, I n c . , Red Bay, Alabama, f o r approval t o acquire at least 54 percent of the v o t i n g shares of Bank of Red Bay, Red Bay, Alabama. 2J Atlanta W i l l i s t o n Holding Company, W i l l i s t o n , F l o r i d a , f o r approval t o acquire 100 percent of the voting shares of Perkins State Bank, W i l l i s t o n , F l o r i d a . 2J Chicago Denmark Bancshares, I n c . , Denmark, Wisconsin, for approval t o acquire 80 percent or more of the voting shares of Denmark State Bank, Denmark, Wisconsin. 2/ Chicago F i r s t P o s t v i l l e Bancorporation, I n c . , P o s t v i l l e , Iowa, f o r approval t o acquire 91.68 percent or more of the v o t i n g shares of C i t i z e n s State Bank, P o s t v i l l e , Iowa. 2/ Chicago Gardner Bancorp, I n c . , M o r r i s , I l l i n o i s , f o r approval t o acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger t o Exchange Bank, Gardner, I l l i n o i s . 2/ Chicago I l l i n i Community Bancorp, I n c . , S p r i n g f i e l d , 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 F i r s t State Bank & Trust Company of S p r i n g f i e l d , S p r i n g f i e l d , I l l i n o i s ; Mechanicsburg Citizens Bank, Mechanicsburg, I l l i n o i s ; American State Bank o f S p r i n g f i e l d , S p r i n g f i e l d , I l l i n o i s ; Community Bank of Divernon, Divernon, I l l i n o i s ; and Stonington Community Bank, Stonington, I l l i n o i s . 2] 2/ ~~ A p p l i c a t i o n subject t o 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 be contacted as t o the length of the comment p e r i o d . . H.2, 1983 No. 4? - 2 2 - APPLICAT IONS RECEIVED - Continued Chicago Lowell National Bancorp, Lowell, .Indiana, f o r approval to acquire 100 percent of the voting shares (less directors' q u a l i f y i n g shares) of the successor by merger to The Lowell National Bank, Lowell, Indiana. 2/ Chicago Luxemburg Bancshares, I n c . , Luxemburg, Wisconsin, f o r approval t o acquire 90.85 percent of the voting shares of Bank of Luxemburg, Luxemburg, Wisconsin. 2/ St. Louis Citizens National Bancshares of Hope, I n c . , Hope, Arkansas, for approval to acquire at least 80 percent of the voting shares of Citizens National Bank of Hope, Hope, Arkansas, 2] St. Louis First National Bancorporation of Carlyle, Carlyle, I l l i n o i s , f o r approval t o acquire 90 percent of the voting shares of F i r s t National Bank of Carlyle, Carlyle, I l l i n o i s . 2 / St. Louis Hopkins Bancorp, I n c . , W i c k l i f f e , Kentucky, for approval to acquire at least 80 percent of the voting shares of Citizens State Bank, W i c k l i f f e , Kentucky. 2/ St. Louis S t e e l e v i l l e Bancshares, I n c . , S t e e l e v i l l e , I l l i n o i s , for approval to acquire at least 80 percent of the voting shares of the First National Bank of S t e e l e v i l l e , S t e e l e v i l l e , I l l i n o i s . 2/ St. Louis United Southern Corporation, Clarksdale, Mississippi, for approval to acquire 100 percent of the voting shares of the successor by merger to United Southern Bank, CIarksdale, Mississippi. 2/ Minneapolis VH Bancorporation, I n c . , Minneapolis, Minnesota, for approval t o acquire at least 80.2 percent of the v o t i n g shares of Grand Marais State Bank, Grand Marais, Minnesota. 2/ Kansas City MBI Bancshares, I n c . , Kansas C i t y , Missouri, for approval to acquire 100 percent of the voting shares of The Merchants Bank; The U n i v e r s i t y Bank; Broadway Bancshares, I n c . , and indirectly Broadway National Rank; Metropolitan Bancshares, I n c . , and i n d i r e c t l y Metropolitan Bank, a l l of Kansas C i t y , Missouri. 2/ 2/ Application subject to Community Reinvestment Act. The Community f f f a i r s Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1983 No. 42 -23APPLICATIONS RECEIVED - Continued Kansas City NGM Bancorp., I n c . , Kansas C i t y , Kansas, for approval to acquire at least 80 percent of the voting shares of Westgate State Bank, Kansas C i t y , Kansas. 2/ 'c'scs City P.N.B. Financial Corporation, Kingfisher, Oklahoma, for approval to acquire 100 percent of the voting shares of The Peoples National Bank, Kingfisher, I k i 3hOir'd , 2/ * s s City ^ocKy Mountain Bancorp, Greeley, Colorado, for approval to acquire 100 percent of the voting shares of State Bank of Greeley, Greeley, Colorado. 2/ » cos City State Financial Investments, I n c . , Winfield, Kansas, for approval to acquire 100 percent of the voting shares of The State Bank, Winfield, Kansas. 2 / Dallas East River Bancshares, Benton, Louisiana, for approval to acquire at least 80 percent to 100 percent of the voting shares (less directors' qualifying shares) of Bank of Benton, Benton, Louisiana. 2/ Dal las Planters United Bancshares, I n c . , Rosebud, Texas, for approval to acquire 100 percent of the voting shares of The Planters National Bank of Rosebud, Rosebud, Texas, 2/ Pallas Plaza Bancorporation, I n c . , Dallas, Texas, for approval to acquire 100 percent of the voting shares of Plaza National Bank* Dallas, Texas. 2/ Dallas PSB Financial Corporation, Many, Louisiana, for approval to acquire at least 80 percent of the voting shares of The Peoples State Bank, Many, Louisiana. 2/ San Francisco Seattle Bancorporation, S e a t t l e , Washington, for approval to acquire 100 percent of the voting shares of The Bank of S e a t t l e , S e a t t l e , Washington. 2/ San Francisco United Security Bancorporation, Chewelah, Washington, for approval to acquire 100 percent of the voting shares of United Security Bank, Chewelah, Washington. 2/ * 27 * * * application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.. K ? , W * 3 % o . d? _?4_ APPLICATIONS RECEIVED - Continued ?o Expand a Bank Holding Company Pursuant to Section cf the Pank Holding Company Act of 1956 New y i fw!and The Rank of fiew York Company, I n c . , New York C i t y , New York, for approval to acquire i n d i r e c t l y , through i t s wholly-owned subsidiary, K.N.Y. Holdings Corporation, Wilmington, Delaware, at least 49.9 percent of the voting shares (less directors' qualifying shares) of The Bank of New York, H i n i n g t o n , Delaware, a proposed new bank. 2/ Pennbancorp, T i t u s v i l l e , Pennsylvania, for approval to acquire 5 to 12 percent of the voting shares of Bucks County Bank and Trust Company, Easton National Bank and Trust Company, Southeast National Bancshares of PA, The Third National Bank and Trust Company of Scranton, Williamsport National Bank, Ephrata National Bank, Nazareth National Bank and Trust Company, Producers Bank and Trust Company, Union Bank and Trust Company of Eastern PA, The Cheltenham Bank, Penn Central National Bank of Huntington, The Russell National Bank, Commonwealth National Financial Corp. and indirectly Commonwealth National Bank, Harrisburg, Pennsylvania. 2J Cleveland Society Corporation, Cleveland, Ohio, for approval to acquire at least 66.67 percent of the voting shares of The First National Bank of Salem, Salem, Ohio. 2/ Atlanta F i r s t Railroad * Banking Company of Georgia, Augusta, Georgia, for approval to acquire up to 100 percent of the voting shares of the successor by merger to Commercial % Exchange Bank, Bremen, Georgia. 2/ Atlanta Northwest Florida Banking Corporation, Ouincy, Florida, for approval to acquire 100 percent of the voting shares of Citizens Commercial Bank of Tallahassee, Tallahassee, Florida. 2/ Chicago Central Wisconsin Bankshares, I n c . , Wausau, Wisconsin, for approval to acquire 51 percent or more of the voting shares of The Union National Bank of Ashland, Ashland, 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, 1983 N o . 4 2 -25APPLICATIONS RECEIVED - Continued Chicago Commercial Rankshares Corp., Adrian, Michigan, f o r approval t o acquire 100 percent of the voting shares of the successor by merger to The Ji psonCarter State Bank, B 1 i s s f i e l d , Michigan. 2J Chicago FIRST FREEPORT CORPORATION, Freeport, I l l i n o i s , for approval t o acquire at least 80 percent or more of the v o t i n g shares of Mount C a r r o l l National Bank, Mount C a r r o l l , I l l i n o i s , at least 90 percent or more of the v o t i n g sahres of STOCKTON BANCORP, INC., Stockton, I l l i n o i s , and i n d i r e c t l y 89.77 percent of the v o t i n g sahres of The F i r s t National Bank of Stockton, Stockton, I l l i n o i s , and at least 90 percent or more of the v o t i n g shares of WARREN BANCORP, INC., Warren, I l l i n o i s , and i n d i r e c t l y 85.33 percent of the v o t i n g shares of Citizens Bank and Trust Company, Warren, I I l i n o i s . _2/ Chicago The Marine Corporation, Milwaukee, Wisconsin, f o r approval t o acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger t o The F i d e l i t y Savings Bank of Antigo, Wisconsin, A n t i g o , Wisconsin. _2/ Chicago Peoples Bankshares, L t d . , Waterloo, Iowa, for approval t o acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of La Porte City State Bank , La Porte C i t y , Iowa. 2/ S t , Louis F i r s t Exchange Corp., Jackson, M i s s o u r i , for approval t o acquire 100 percent of the v o t i n g shares of F i r s t Exchange Bank of Cape Girardeau, Cape Girardeau, M i s s o u r i , a proposed new bank. 2/ Minneapolis Dacotah Bank Holding Company, Aberdeen, South Dakota, f o r approval t o acquire 100 percent of the voting shares of The F i r s t National Bank of Selby, Selby, South Dakota. 2J Kansas C i t y I n t e r n a t i o n a l Bancshares, I n c . , Gladstone, Missouri, f o r approval t o acquire at least 23.09 percent of the v o t i n g shares of MB I Bancshares, I n c . , Kansas C i t y , M i s s o u r i , and i n d i r e c t l y The Merchants Bank and The U n i v e r s i t y Bank, both of Kansas C i t y , M i s s o u r i . 2/ 2/ A p p l i c a t i o n subject t o 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 be contacted as to the length of the comment p e r i o d . . H.2, 1983 No. 42 -26APPLICATIONS RECEIVED - Continued Kansas City Metro Bancshares, I n c . , Kansas C i t y , M i s s o u r i , f o r approval t o acquire at l e a s t 12,71 percent of the voting shares of MBI Bancshares, I n c . , Kansas City, M i s s o u r i , and i n d i r e c t l y the Merchants Bank and the University Bank, both of Kansas C i t y , M i s s o u r i . 2] Pallas United Texas Bancshares, I n c . , A u s t i n , Texas, f o r approval t o acquire at least 80 percent of the voting shares of CenTex Bancshares, I n c . , Cranfills Gap, Texas and i n d i r e c t l y F i r s t Security State Bank, C r a n f i l l s Gap, Texas. 2J * * * * * To Expand a Bank Holding Company Pursuant t o Section 3(a)(5) of the Bank Holding Company Act of 1956 Cleveland Pennbancorp, T i t u s v i l l e , Pennsylvania, f o r approval t o acquire 100 percent of the voting shares of F i r s t Seneca Corporation, Oil C i t y , Pennsylvania and indirectly acquire F i r s t Seneca Bank, B u t l e r , Pennsylvania. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o Section 4 ( c ) ( 8 ) of the Bank Holding company Act of 1956 Boston Bank of Boston 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 i n de novo a c t i v i t i e s (in the a c t i v i t y o f acting as underw r i t e r s f o r c r e d i t l i f e insurance which i s d i r e c t l y r e l a t e d to i t s extensions of credit) at 100 Federal S t r e e t , Boston, Massachusetts, these a c t i v i t i e s would be performed in the s t a t e of Massachusetts, through i t s s u b s i d i a r y , Bui f i n c h L i f e Insurance Company (10/18/83) Boston Bank of Boston 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 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 data processing and transmission services to others where: (a) data to be processed or furnished are f i n a n c i a l , banking or economic, and 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. I H.2, 1 9 P 3 N 0 . 4 2 -27APPLICATIONS RECEIVED - Continued the services are provided pursuant t o a w r i t t e n agreement so describing and l i m i t i n g the s e r v i c i e s ; (b) the f a c i l i t i e s are designed, marketed and operated f o r the processing and transmission of f i n a n c i a l , banking or economic data; and (c) hardware i n connection t h e r e w i t h i s o f f e r e d only in conjunction w i t h software designed and marketed f o r the processing and transmission of f i n a n c i a l , banking or economic d a t a , and where the general purpose hardware does not c o n s t i t u t e more than 30% of any packaged o f f e r i n g ) at One Canal Plaza, P o r t l a n d , Maine, these a c t i v i t i e s would be conducted in the s t a t e of Maine, through i t s s u b s i d i a r y , FBC, I n c . (10/17/83) New York Barclays Bank PLC and Barclays Bank I n t e r n a t i o n a l L t d . , both of London, England, request permission to expand the a c t i v i t i e s of 312 o f f i c e s to engage in the f o l l o w i n g a c t i v i t i e s (the sale at r e t a i l , through the o f f i c e s , o f money orders issued by BBI, American Express or another reputable f i n a n c i a l services company and having a face value not exceeding $1,000) i n Alabama, Arizona, Colorado, Delaware, F l o r i d a , Georgia, Idaho, Indiana (except f o r Fort Wayne, Indiana which w i l l be "BAF" of Fort Wayne, Inc. and New Albany, Indiana which w i l l be "BAF" of New Albany, I n c . , (both incorporated i n I n d i a n a ) , Kansas, Kentucky and also "BAF" of Kentucky, I n c . ) , Louisiana, Maryland, Michigan, M i s s i s s i p p i , New Mexico, New York (which w i l l be a New York Corporation), North C a r o l i n a , Ohio, Oklahoma, Oregon, South Dakota, Tennessee, Texas (which w i l l be a Texas Corporation), South C a r o l i n a , Utah, V i r g i n i a , Washington, West V i r g i n i a (also as "BAF" of West V i r g i n i a (a West V i r g i n i a Corporation)) and Wyoming, through i t s subsidiary , BarclaysAmerican/Financial, I n c . ; i n Delaware, F l o r i d a , North Carolina, V i r g i n i a (except i n Pulaski and V i r g i n i a Beach, V i r g i n i a ) "BAFS" a North Carolina Corporation d/b/a "BAFS" of V i r g i n i a , through i t s subs i d i a r y , BarclaysAmerican/Financial Services, I n c . ; i n Arizona, Delaware, F l o r i d a , Kentucky (which w i l l only be L o u i s v i l l e , Kentucky), North C a r o l i n a , Ohio and V i r g i n i a , through i t s s u b s i d i a r y , BarclaysAmerican/Mortgage, I n c . ; i n New York, through i t s s u b s i d i a r y , BardaysAmerican/Retail Services, Inc. fan Ohio C o r p o r a t i o n ) ; in Pennsylvania, through i t s s u b s i d i a r y , BarclaysAmerican/Consumer Discount Company (a Pennsylvania Corporation) and in Washington, through i t s s u b s i d i a r y , BarclaysAmerican/Industrial Loan Corporation (a Washington Corporation) (10/17/83) I H.2, M M No. 4? - 28 APPLICATIONS RECEIVED - Continued Nm, rk The Chase Manhattan Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (making or acquiring for i t s own account and for the account of others, loans and other extensions of c r e d i t , both secured and unsecured including, but not limited t o , consumer and business lines of c r e d i t , installment loans for personal, household and business purposes and mortgage loans secured by real property; servicing loans and other extensions of c r e d i t ; and acting as insurance agent for credit l i f e insurance and credit accident and health insurance d i r e c t l y related to such lending and servicing a c t i v i t i e s ) at Atlanta Financial Center, Suite L-200, 3333 Peachtree Road, Atlanta, Georgia, through i t s s u b s i d i a r y , Chase Manhattan Financial Services, Inc. (10/20/83) New York Chemical New York Corporation, New York, New York, requests permission to expand the service area of an existing 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 loans and other extensions of credit and servicing loans and other extensions of credit including, but not limited t o , making or acquiring loans to consumers; making or acquiring loans and other extensions of credit to businesses [including inventory financing]; making or acquiring extensions of credit secured by personal property lease contracts; acting as agent or broker f o r the sale of credit related insurance d i r e c t l y related to such a c t i v i t i e s ) at 514 South Stratford Road, Winston-Salem, North Carolina, through i t s subsidiary $ Sunamerica Corporation (10/17/83) New York Chemical New York Corporation, New York, New York, requests permission t o relocate an o f f i c e engaging in the following a c t i v i t i e s (operating as an industrial bank in the manner authorized by the laws of the State of Colorado, including receiving time savings deposits; making d i r e c t loans and purchasing sales finance contracts and such other extensions of credit as would bi* made or acquired by an industrial bank; and making available to i t s debtors, credit related insurance) from 1410 South Sheriaan Blvd., Denver, Colorado to 8703 Yates Drive, Westminster, Colorado, through i t s subsidiary, Denver Sunamerica Industrial Bank (10/18/83) H.?, M r No. 4? -29APPLICATIONS RECEIVED - Continued New York Chemical New York Corporation, New York, New York, requests permission to r e l o c a t e an o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (generating and servicing loans and other extensions of c r e d i t : making or acquiring consumer loans; acquiring installment contracts from r e t a i l sellers covering the time sales of goods and related services; making or acquiring loans and other extensions o f c r e d i t t o businesses [including, but not limited t o , inventory financing]; making or acquiring extensions of credit secured by personal property lease contracts; making available to i t s debtors credit l i f e , credit accident and health, mortgage l i f e , mortgage d i s a b i l i t y and property and casualty insurance, a l l d i r e c t l y related to such extensions of c r e d i t ) from 5775-F Peachtree Dunwoody Road, Atlanta, Georgia to Embassy Row Office Park, Peachtree Dunwoody Road, Atlanta, Georgia, through i t s subsidiary, Sunamerica Corporation (10/18/83) York C i t i c o r p , New York, New York, requests permission to establish two de novo offices engaging in the following 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, for consumer and other purposes; the sale of credit related l i f e ana accident and health insurance by licensed agents or brokers, as required; the sale of consumer oriented financial management courses; the servicing, for any person, of loans and other extensions of c r e d i t ; the making, acquiring, and servicing, for i t s own account and for the account of others, of extensions of credit to individuals secured by liens on residential or non-residential real estate; 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 Three Bedford Farms, Bedford, New Hampshire, through i t s subsidiaries, Citicorp Person-to-Person Financial Center, Inc. and Citicorp Homeowners, Inc. (W/;e/H3) New York C i t i c o r p , New York, New York, requests permission to establish two de novo offices engaging in the following 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, for consurer and other purposes; the sale of credit related l i f e and accident and health insurance hy licensed agents nr brokers, as required; the sale of consumer oriented financial management courses; the servicing, for any *,erson, of loans and other extensions of c r e d i t ; the making, acquiring, and servicing, for i t s own account and for the account of others, of extensions of credit APPLICATIONS RECEIVED - Continued t o 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 r e l a t e d t o extensions o f mortgage loans) at Executive Center I , 900 Western America C i r c l e , Mobile, Alabama, through i t s s u b s i d i a r i e s , C i t i c o r p Person-to-Person Financial Center, I n c . and C i t i c o r p Homeowners, Inc. (10/18/83) 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 in the f o l l o w i n g a c t i v i t i e s (making or acquiring, for i t s own account or f o r the account o f o t h e r s , loans and other extensions of c r e d i t , secured or unsecured, t o i n d i v i d u a l s and businesses i n c l u d i n g , but not 1imited t o , consumer l e n d i n g , r e s i d e n t i a l and n o n - r e s i d e n t i a l real estate l e n d i n g , commercial l e n d i n g , sales fi nance, inventory f i n a n c i n g , mobi1e and manufactured home l e n d i n g , and factoring; leasing personal or real property or acting as agent, broker or advisor in leasing such property and s e r v i c i n g such leases, subject t o a l l of the q u a l i f i c a t i o n s s p e c i f i e d i n 12 C.F.R. 225.4(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 o f the 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 f o r any person; 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 1icensed agents or brokers, as r e q u i r e d , 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 r e l a t e d t o the extensions of mortgage loans; and the sale o f consumer o r i e n t e d f i n a n c i a l management courses) at one Hamden Center, Dixwel1 and Whitney Avenues, Hamden, Connecticut, through i t s s u b s i d i a r y , C i t i c o r p Person-to-Person Financial Center of Connecticut, I n c . (10/18/83) C i t i c o r p , hew York, New York, requests permission t o e s t a b l i s h de novo o f f i c e s engaging i n the f o l l o w i n g a c t i v i t i e s T 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 Iicensed agents or b r o k e r s , as r e q u i r e d ; the sale of consumer oriented f i n a n c i a l management courses; the s e r v i c i n g , for any person, of loans and other extensions of c r e d i t ; the making, a c q u i r i n g , and s e r v i c i n g , for i t s own account and f o r the account of o t h e r s , of extensions of c r e d i t to i n d i v i d u a l s secured by 1iens 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 H.?, 1983 No. 42 -31 APPLICATIONS RECEIVED - Continued 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) the s u b s i d i a r i e s w i l l each operate an o f f i c e at each of the f o l l o w i n g shared l o c a t i o n s : Countryside V i l l a g e Square, 2561 Country Boulevard, Clearwater, F l o r i d a and Dade!and Square, 7700 N. Kendall D r i v e , Miami, F l o r i d a , through i t s s u b s i d i a r i e s , C i t i c o r p Person-to-Person Financial Center of F l o r i d a , I n c . and C i t i c o r p Homeowners, I n c . (10/18/83) 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 a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (the 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 extension of loans to dealers f o r the f i n a n c i n g of inventory [ f l o o r planning] and working c a p t i a l purposes; the purchasing and s e r v i c i n g f o r i t s own account of sales finance c o n t r a c t s ; 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 brokers, as required; the making of loans t o i n d i v i d u a l s and businesses secured by a l i e n on mobile homes, modular u n i t s or r e l a t e d manufactured housing, together with the real property t o which such housing i s or w i l l be permanently a f f i x e d , such property being used as s e c u r i t y for the loans; and 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 ) at 444 South Flower S t r e e t , Los Angeles, C a l i f o r n i a , through i t s s u b s i d i a r y , C i t i c o r p Acceptance Company, I n c . (9/21/83) Richmond Dominion Bankshares Corporation, Roanoke, V i r g i 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 (performing or c a r r y i n g on any one or more of the f u n c t i o n s or a c t i v i t i e s t h a t may be performed or c a r r i e d on by a t r u s t company) at 8150 Leesburg P i k e , Vienna, V i r g i n i a , through i t s s u b s i d i a r y , Dominion Trust Company (10/21/83) Atlanta The F l a g l e r Bank Corporation, West Palm Reach, F l o r i d 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 generation and sale of r e s i d e n t i a l and commercial mortgages of a l l type i n c l u d i n g VFA, VA and FHA mortgages) these a c t i v i t i e s would be performed i n the State of F l o r i d a p r i m a r i l y w i t h a concentration in the Palm Heach County area, through i t s s u b s i d i a r y , The Flagler Mortgage Company of the Palm Beaches (10/11/83) H.2, 1983 No. 6? - 32 APPLICATIONS RECEIVED - Continued Atlanta/ New York Midi antic Banks I n c . , Edison, New Jersey, and Florida Coast Banks, I n c . , Pompano Beach, Florida, notification of intent t o engage in de novo a c t i v i t i e s ( i n a c t i v i t i e s related to or incidental to the trust business including f i d u c i a r y , agency, and/or custodial services) at 551 SE 8th Street, Del ray Beach, Florida, serving the towns of Del ray Beach, Boynton Beach, Boca Raton, Gulfstream, Highland Beach, and Ocean Ridge, through their subs i d i a r y , Florida Coast Midlantic Trust Company, N.A. (10/17/83) Atlanta Totalbank Corporation of Florida, Miami, Florida; M i l f o r d , N.V., Oranjestad, Netherlands A n t i l l e s ; and Ballerton Corporation, N.V., Oviedo, Spain, for approval to act as a money broker of c e r t i f i c a t e s of deposit issued by f i n a n c i a l institutions through Total Investment Services Corp., Miami, Florida. Chicago American Fletcher Corporation, Indianapolis, Indiana, 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 making or acquiring loans or other extensions of c r e d i t f o r personal, family or household purposes, including loans secured by home equities; purchasing consumer installment sales finance contracts, and acting as agent with respect to credit 1ife and d i s a b i l i t y insurance on borrowing customers and with respect to insurance which protects property taken as c o l l a t e r a l in connection with such extensions of credit) at 9735 E. Washington Street, Indianapolis, Indiana , through i t s subsidiary, American F1etcher Financial Services, Inc. (10/14/83) Old Kent Financial Corporation, Grand Rapids, Michigan, 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 leasing real and personal property and equipment, or a c t i n g as agent, broker or adviser, in leasing of such property, and making or acquiring and servicing f o r i t s own account, or f o r the account of others, loans and other extensions of c r e d i t ) at One Vandenberg Center, (rand Rapids, Michigan, the geographic scope w i l l be the 50 states of the United States, through i t s subsidiary, Old Kent Leasing Corporation (10/8/83) Kansas City Anadarko Bancshares, I n c . , Anadarko, Oklahoma, 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 making or acquiring for i t s own account, loans and other extensions of credit on a secured or unsecured ba s i s , such as may be made by a bank, mortgage company or finance company, including loans secured by mortgages, inventory, accounts recei vable or other assets; i H.2, 1923 No. 4? - 33 APPLICATIONS RECEIVED - Continued 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, Anadarko Bank & Trust Company, Anadarko, Oklahoma) these a c t i v i t i e s would be conducted in the State of Oklahoma (10/20/83) Kansas C i t y Colorado National Bankshares, I n c . , Denver, Colorado, n o t i f i c a t i o n of i n t e n t t o expand de novo a c t i v i t i e s (the a c t i v i t y of a c t i n g as agent for the sale of c r e d i t l i f e and c r e d i t a c c i d e n t , health and hazard insurance to borrowers from member banks of the Colorado National System t o include the o f f i c e s of Colorado National Bank - Southwest, L i t t l e t o n , Colorado; Colorado National Bank - East Boulder, Boulder, Colorado; and Colorado National Bank Fort Collins, Fort Collins, Colorado) this a c t i v i t y would serve the c i t i e s of Boulder and Fort Collins, Colorado, through i t s subsidiary, Colorado National Insurance Agency (10/5/83) Kansas City Community Bancorporation, I n c . , Bristow, Oklahoma, 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 making or acquiring for i t s own account, loans and other extensions of credit on a secured or unsecured basis, such as may be made by a bank, mortgage company, or finance company, including loans secured by mortgages, inventory, accounts receivable or other assets; these loans may include participations in commercial and consumer loans from company's subsidiary bank. Community Bank, Bristow, Oklahoma) these a c t i v i t i e s would be conducted in the State of Oklahoma (10/20/83) Pallas Allied Bancshares, I n c . , Houston, Texas, for approval t o engage in lease financing of personal and real property through a wholly-owned subsidiary known as A l l i e d Bancshares Leasing Company, Houston, Texas. San Francisco Area Financial Corporation, Redwood C i t y , California, n o t i f i c a t i o n of intent to engage in de novo i v i t i e s ( i n the a c t i v i t y of making or acquiring 1 t o policy holders for the purpose of financing premiums) at 900 Veterans Boulevard, Redwood City, C a l i f o r n i a , through i t s subsidiary, Insurance Premium Finance Corporation (10/21/83) *' t, 1983 No. 5? - 35 APPLICATIONS RECEIVED - Continued Chicago Merchants National Bank & Trust Company of Indianpolis Indianapolis, Indiana, for approval to organize and invest in AIM Bank Service Corporation, Indianapolis Indiana, which proposes to engage in providing data processing f a c i l i t i e s and services to Applicant, APNB, and 1KB, as well as to other banking and nonbanking e n t i t i e s . * * * * * REPORTS RECEIVED None. * * * * * PETITIONS FOR RULEMAKING None.
@FedFRASER