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# ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM iH.Z, 1982 No. 44) Actions of t h e Board; A p p l i c a t i o n s and Reports Received During t h e Week Ending October 30, 1982 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD R e g u l a t i o n 0 amrndments d e a l i n g with loans by member banks t o i t s e x e c u t i v e o f f i c e r s , d i r e c t o r s and p r i n c i p a l s h a r e h o l d e r s . (Docket No. R-0423) R e g u l a t i o n i_, I n t e r l o c k i n g Bank R e l a t i o n s h i p s , t h e Board made p u b l i c t h e t e x t of amendments t o i t s R e g u l a t i o n L r e l a t i n g t o changes made by c o n g r e s s l a s t y e a r t o t h e Depository I n s t i t u t i o n management I n t e r l o c k s Act; t h e Board a l s o made pub <c t h e t e x t of two p r o p o s a l s f o r a d d i t i o n a l changes in R e g u l a t i o n L. R e g u l a t i o n C, Home Mortgage D i s c l o s u r e , o r d e r approving m o t n u a t i o n of exemption f o r C o n n e c t i c u t , M a s s a c h u s e t t s , New J e r s e y , and New York. (Docket No. R-0406) R e g u l a t i o n r , Home Mortgage D i s c l o s u r e , o r d e r t e r m i n a t i n g C a l i f o r n i a exemption. (Docket No, R-0434) D e l e g a t i o n of A u t h o r i t y t o t h e B o a r d ' s General C o u n s e l , t o i n c l u d e a u t h o r i t y t o revoke a c c e p t a n c e of and r e t u r n a n o t i c e f i l e d p u r s u a n t t o t h e change in Bank Control A c t , or t o extend t h e time d u r i n g which a c t i o n must be t a k e n on such a n o t i c e where t h e General Counsel has d e t e r m i n e d , with t h e c o n c u r r e n c e of t h e B o a r d ' s D i r e c t o r of Banking S u p e r v i s i o n and R e g u l a t i o n , t h a t t h e n o t i c e i s m a t e r i a l l y i n c o m p l e t e or c o n t a i n s m a t e r i a l i n f o r m a t i o n t h a t i s substantially inaccurate. (Docket No. R-0426) Response t o t h e Congress r e g a r d i n g t h e GAO r e p o r t on c o u n t r y r i s k examination system. Ha A e y e - C a p i t a l Bank & T r u s t , Des Moines, Iowa, to make an investment in bank p r e m i s e s . H . 2 , 1982 No. 44 - 2 ACTIONS OF THE BOARD - Continued Chicago Antioch Holding Company, A n t i o c h , I l l i n o i s , e x t e n s i o n of time t o January 27, 1983, w i t h i n which t o a c q u i r e 100 p e r c e n t of t h e voting s h a r e s of F i r s t National Bank of La Grange, La Grange, I l l i n o i s , c u r r e n t l y a s u b s i d i a r y of F.N.B.C. of La Grange, I n c . , La Grange, I l l i n o i s . V Chicago Antioch Holding Company, A n t i o c h , I l l i n o i s , ext e n s i o n of time t o January 27, 1983, w i t h i n which t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of West Chicago S t a t e Bank, West Chicago, I l l i n o i s , c u r r e n t l y a s u b s i d i a r y of Wesco I n v e s t ment C o r p o r a t i o n , La Grange, I l l i n o i s . 1J Kansas C i t y C i t i z e n s Commerce C o r p o r a t i o n , Ardmore, Oklahoma, e x t e n s i o n of time t o December 9 , 1982, w i t h i n which t o consummate t h e a c q u i s i t i o n of C i t i z e n s National Bank of Ardmore, Ardmore, Oklahoma. J_/ Chicago CRETE BANC0RP0RATI0N, INC., C r e t e , I l l i n o i s , ext e n s i o n of time t o December 26, 1982, w i t h i n which t o become a bank holding company through t h e a c q u i s i t i o n of 80 p e r c e n t or more of t h e v o t i n g s h a r e s of United Bank of C r e t e - S t e g e r , Crete, I l l i n o i s . 1j Kansas C i t y F i r s t Bancorp of Kansas, W i c h i t a , Kansas, e x t e n s i o n of time t o February 17, 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of F i r s t National Bank in W i c h i t a , W i c h i t a , Kansas. J / Kansas C i t y F i r s t Carrollton Bancshares, I n c . , C a r r o l l t o n , M i s s o u r i , e x t e n s i o n of time t o January 15, 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of F i r s t National Bank of C a r r o l l t o n , C a r r o l l t o n , Missouri. J / Dal l a s F i r s t C i t y B a n c o r p o r a t i o n of Texas, I n c . , Houston, Texas, e x t e n s i o n of t i m e t o January 26, 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of F i r s t City Bank - West B e l t , N.A., Houston, Texas. 1/ ]_/ A p p l i c a t i o n processed on b e h a l f of t h e Board of Governors under delegated authority. © H.2. 1982 No. 44 - 3 ACTIONS OF THE BOARD - Continued S t . Louis Gateway C a p i t a l C o r p o r a t i o n , Hernando, M i s s i s s i p p i , a d d i t i o n a l e x t e n s i o n of time u n t i l December 16, 1982, w i t h i n which t o become a bank holding company through t h e a c q u i s i t i o n of The Hernando Bank, Hernando, M i s s i s s i p p i , t h r o u g h a phantom bank merger. J J Chicago Hoosier B a n c s h a r e s , I n c . , Bloomington, I n d i a n a , e x t e n s i o n of time t o November 29, 1982, w i t h i n which t o become a bank h o l d i n g company through t h e a c q u i s i t i o n of 80 p e r c e n t or more of t h e v o t i n g s h a r e s of The Bloomington National Bank, Bloomington, Indiana. J / Kansas C i t y Midland C a p i t a l C o . , Oklahoma C i t y , Oklahoma, e x t e n s i o n of time t o February 2 , 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of Midland Leasing C o . , Oklahoma C i t y , Oklahoma. J_/ Dal l a s National Bancshares C o r p o r a t i o n of Texas, San Antonio, Texas, e x t e n s i o n of t i m e t o February 18, 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of National Bank of Commerce-Perrin B e i t e l , San Antonio, Texas. ]_/ Richmond P r i n c e t o n Banc Holding Company, P r i n c e t o n , West V i r g i n i a , e x t e n s i o n of t i m e w i t h i n which t o become a bank holding company through t h e a c q u i s i t i o n of t h e s u c c e s s o r by merger t o P r i n c e t o n Bank & T r u s t Company, P r i n c e t o n , West V i r g i n i a . J / Atlanta P r o g r e s s i v e C a p i t a l C o r p o r a t i o n , Amite, L o u i s i a n a , e x t e n s i o n of time t o December 21, 1982, w i t h i n which t o become a bank h o l d i n g company through t h e a c q u i s i t i o n of Central P r o g r e s s i v e Bank of Amite, Amite, L o u i s i a n a . J / Dal l a s Raymondville S t a t e B a n c s h a r e s , I n c . , Raymondville, Texas, e x t e n s i o n of t i m e t o January 23, 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of Raymondvilie S t a t e Bank, Raymondville, Texas. ]_/ Dal l a s Red Bird B a n c s h a r e s , I n c . , D a l l a s , Texas, e x t e n s i o n of time t o January 27, 1983, w i t h i n which t o consummate t h e a c q u i s i t i o n of Red Bird Bank of D a l l a s , D a l l a s , Texas. 1/ T7 A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 44 - 4 ACTIONS OF THE BOARD - Continued Richmond Southern BancShares ( N . C . ) , I n c . , Mount O l i v e , North C a r o l i n a , e x t e n s i o n of time w i t h i n which t o become a bank h o l d i n g company through t h e a c q u i s i t i o n of t h e s u c c e s s o r by merger t o Southern Bank and T r u s t Company, Mount O l i v e , North C a r o l i n a . ]_/ Atlanta Tennessee National B a n c s h a r e s , I n c . , M a r y v i l l e , Tennessee, e x t e n s i o n of time u n t i l December 31, 1982, w i t h i n which t o a c q u i r e s h a r e s of Tennessee S t a t e Bank, G a t l i n b u r g , T e n n e s s e e . ]_/ Atlanta Savannah Bank & T r u s t Company of Savannah, Savannah, G e o r g i a , t o i n v e s t in bank p r e m i s e s . J J Dal l a s Alano Bank of Texas, Alano, Texas, proposal t o merge with New Alano Bank of Texas, Alano, Texas; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on competitive f a c t o r s . V Atlanta American Bank and T r u s t Company, O p e l o u s a s , L o u i s i a n a , proposed merger with ABT Bank and T r u s t Company, O p e l o u s a s , L o u i s i a n a ; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . J J Boston B a n k e a s t , Manchester, New Hampshire, proposed merger with B a n k e a s t , N.A., Claremont, New Hampshire, and Bankeast/Lakes Region, M e r e d i t h , New Hampshire; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . ]_/ Boston Bankeast Savings Bank and T r u s t , R o c h e s t e r , New Hampshire, proposal t o merge with Bankeast National Bank, R o c h e s t e r , Bankeast Savings Bank, Portsmouth, and Bankeast Guaranty Savings Bank, Salem, New Hampshire; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . J / Atlanta B a r n e t t Bank of South F l o r i d a , N.A., Miami, F l o r i d a , proposed merger with Great American Bank of Broward County, Fort L a u d e r d a l e ; Great American Bank of Dade County, North Miami; Great American Bank of David, Hollywood; and Great American Bank of North Mi ami Beach, North Miami Beach, F l o r i d a ; r e p o r t t o t h e C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . 1/ V A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated authority. H . 2 , 1982 No. 44 - 5 ACTIONS OF THE BOARD - Continued Atlanta B a t e s v i l l e S e c u r i t y Bank, B a t e s v i l l e , M i s s i s s i p p i , proposed merger with S e c u r i t y I n t e r i m Bank, B a t e s v i l l e , M i s s i s s i p p i ; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e factors. J / Atlanta C i t i z e n s Bank cf T a l l a d e g a , T a l l a d e g a , Alabama, proposed mercer with T a l l a b a n k , T a l l a d e g a , Alabama; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . ]_/ At!anta C i t i z e n s National Bank, P a s c a g o u l a , M i s s i s s i p p i , proposed merger with C i t i z e n s I n t e r i m National Bcmk, P a s c a g o u l a , M i s s i s s i p p i ; r e p o r t t o t h e C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . 1 / Richmond F i r s t - C i t i z e n s Bank and T r u s t Company of South C a r o l i n a , Columbia, South C a r o l i n a , proposed merger with Main S t r e e t Bank, Columbia, South C a r o l i n a ; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1/ C*: icago F i r s t N # i o n 4 Bank in New C a s t l e , New C a s t l e , I n d i a n - , a p p l i c a t i o n f o r p r i o r approval t o merge with The C i t i z e n s National Bank of Knightstown, K n i g h t s town, I n d i a n a , under t h e c h a r t e r of F i r s t National Bank in New C a s t l e and t i t l e of S e c u r i t y National Bank; r e p o r t t o t h e C o m p t r o l l e r of t h e Currency on competitive f a c t o r s . V Chicago FMB Bank, National A s s o c i a t i o n , Morton Grove, I l l i n o i s , a p p l i c a t i o n f o r p r i o r approval t o c o n s o l i d a t e with F i r s t National Bank of Morton Grove, Morton Grove, I l l i n o i s , under t h e c h a r t e r and with t h e t i t l e of F i r s t N a t i o n a l Bank of Morton Grove; r e p o r t t o t h e C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . ]_/ S t . Louis Merchants and Farmers Bank, Kosciusko, M i s s i s s i p p i , proposal t o merge with Oxford Bank and T r u s t Company, O x f o r a , M i s s i s s i p p i ; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . ]_/ Atlanta Morgan City R a r k A T r u s t Company, Morgan C i t y , L o u i s i a n a . proposed merger w i t h MC Bank & T r u s t Company, Morgan C i t y , L o u i s i a n a ; r e p o r t t o t h e Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1/ T7 A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated authority. H . 2 , 1982 No. 44 - 6 - ACTIONS OF THE BOARD - Continued \ Boston New Union Bank, M o r r i s v i l l e , Vermont, proposal! t o merge with The Union Bank, M o r r i s v i l l e , 1 Vermont; r e p o r t t o t h e Federal Deposit \ I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . ]_/ Richmond R a l e i g h County National Bank, Beckley, West V i r g i n i a , proposed merger with National Bankers T r u s t , B r a d l e y , West V i r g i n i a ; r e p o r t t o t h e C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . J / S t . Louis South Side National Bank in S t . L o u i s , S t . LouisL M i s s o u r i , proposed merger with Grand and Garvois National Bank, S t . L o u i s , M i s s o u r i ; r e p o r t t o t h e C o m p t r o l l e r of t h e Currency on c o m p e t i t i v e f a c t o r s . 1/ Philadelphia Walnutport S t a t e Bank, W a l n u t p o r t , P e n n s y l v a n i a , j proposal t o merge w i t h F i r s t Lehigh Bank, Walnutp o r t , P e n n s y l v a n i a , under t h e c h a r t e r and with I t h e t i t l e of F i r s t Lehigh Bank; r e p o r t t o t h e ! Federal Deposit I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1/ T/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated a u t h o r i t y . H . 2 , 1982 No. 44 - 7 ACTIONS OF THE BOARD - Continued To E s t a b l i s h a Domestic Branch P u r s u a n t To S e c t i o n 9 of t h e F e d e r a l Reserve Act Approved C e n t r a l T r u s t Company, R o c h e s t e r , New York. To e s t a b l i s h a branch a t S i t e B-24, Marketplace M a l l , 3400 W. H e n r i e t t a Road, R o c h e s t e r , New York. ]_/ New York Cleveland Ohio C i t i z e n s Bank, Toledo, Ohio. To e s t a b l i s h a d r i v e - i n and automated t e l l e r machine u n i t a t 4210 Sylvanid Avenue, Toledo, Ohio. ]_/ Chicago M&I Marshall & I l s l e y Bank, Milwaukee, Wisconsin. To e s t a b l i s h a branch in The Grand Avenue M a l l , Milwaukee, Wisconsin. J / S t . Louis United Kentucky Bank, I n c . , L o u i s v i l l e , Kentucky. To e s t a b l i s h a branch t o be l o c a t e d in t h e Medical A r t s Company a t 1169 E a s t e r n Parkway, L o u i s v i l l e , J e f f e r s o n County, Kentucky. V S t . Louis Tower Grove Bank and T r u s t Company, S t . L o u i s , M i s s o u r i . To e s t a b l i s h a f a c i l i t y (branch) a t 4327 Chippewa S t r e e t , S t . L o u i s , S t . Louis County, M i s s o u r i . V * * * * * Issued I n t e n t Not t o Disapprove Change of Control P u r s u a n t t o Change in Bank Control Act of 1978 S t . Louis Not Disapproved S e c u r i t y B a n c s n a r e s , I n c . , Albany, M i s s o u r i . \ j * * * * * To Become a Member of t h e Federal Reserve System P u r s u a n t t o S e c t i o n 9 of t h e Federal Reserve Act Philadelphia T7 Approved M a n u f a c t u r e r s Hanover Bank (Delaware), Wilmington, Delaware. V A p p l i c a t i o n processed on behalf of t h e Board of Governors under delegated authority. H.2, 1982 No. 44 - 8 ACTIONS OF THE BOARD - Continued San Francisco Newport S t a t e Bank, Newport, Oregon. ]_/ * * * * * 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 I n v e s t m e n t s and Other Actions Pursuant t o S e c t i o n s 25 and 25(a) of t h e Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956, as amended San Francisco San Francisco Approved F i r s t I n t e r s t a t e Bancorp, Los A n g e l e s , C a l i f o r n i a : g r a n t s c o n s e n t t o p u r c h a s e and h o l d , d i r e c t l y o r i n d i r e c t l y , a l l of t h e s h a r e s of F i r s t I n t e r s t a t e L i m i t e d , Grand Cayman, Cayman I s l a n d s . The Ka Wah Bank L i m i t e d , Hong Kong: e n t e r e d i n t o an agreement with t h e Federal Reserve System t h a t i t s proposed l i m i t e d f e d e r a l branch in New York, New York, would r e c e i v e only such d e p o s i t s as would be p e r m i s s i b l e under S e c t i o n 5 ( a ) of t h e I n t e r n a t i o n a l Banking Act. ( 1 0 / 2 6 / 8 2 ) J!/ Sixty-Day N o t i f i c a t i o n Period Allowed t o Expire Philadelphia Chase Manhattan Overseas Banking C o r p o r a t i o n , Newark, Delaware: no o b j e c t i o n t o a c q u i r e a 65 p e r c e n t i n t e r e s t in a de novo l e a s i n g company, P.T. Chase Leasing I n d o n e s i a , J a k a r t a , Indonesia. San Francisco T7 ~~ S i x t y Day N o t i f i c a t i o n Period Waived Boston Overseas F i n a n c i a l C o r p o r a t i o n , Boston, M a s s a c h u s e t t s : no o b j e c t i o n t o make an a d d i t i o n a l investment in Boston F i n a n c i a l L i m i t e d , Melbourne, V i c t o r i a , A u s t r a l i a . A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 44 - 9 ACTIONS OF THE BOARD - Continued To Form a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956 Philadelphia Approved Bank of Delaware C o r p o r a t i o n , Wilmington, Delaware, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Bank of Delaware, Wilmington, Delaware. J j Richmond F i r s t Palmetto Bancshares C o r p . , Columbia, South C a r o l i n a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t P a l m e t t o S t a t e Bank & T r u s t Company, Columbia, South C a r o l i n a . J / Atlanta B r i t t o n & Koontz C a p i t a l C o r p o r a t i o n , Natchez, M i s s i s s i p p i , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of B r i t t o n & Koontz F i r s t National Bank, Natchez, M i s s i s s i p p i . J / Chicago Addison B a n c s h a r e s , I n c . , approval t o a c q u i r e 100 s h a r e s of t h e s u c c e s s o r S e c u r i t y Bank, Addison, Chicago Beecher Bancorp, I n c . , Beecher, I l l i n o i s , f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Farmers S t a t e Bank of Beecher, Beecher, I l l i n o i s . 1/ Chicago Community Bancshares of Canton, I n c . , Canton, I l l i n o i s , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o Community Bank & T r u s t Company, Canton, Illinois. V Chicago Forrest Bancshares, I n c . , F o r r e s t , I l l i n o i s , f o r approval t o a c q u i r e 80 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t S t a t e Bank of F o r r e s t , F o r r e s t , Illinois. V Chicago Malta B a n c s h a r e s , I n c . , M a l t a , I l l i n o i s , f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The F i r s t National Bank of M a l t a , M a l t a , I l l i n o i s . \J Chicago Robuck, I n c . , South Sioux C i t y , Nebraska, f o r approval t o a c q u i r e 9 4 . 9 p e r c e n t or more of t h e v o t i n g s h a r e s of The S t a t e Savings Bank, H o r n i c k , Iowa. JJ Addison, I l l i n o i s , f o r p e r c e n t of t h e v o t i n g by merger t o F i r s t Illinois. V A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated authority. H . 2 , 1982 No. 44 - 10 ACTIONS OF THE BOARD - Continued S t . Louis Drew B a n c s h a r e s , I n c . , MonticelTo, A r k a n s a s , f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Commercial Bank and T r u s t Company, Monti c e l l o , Arkansas. V S t . Louis Freeburg Bancorp, I n c . , F r e e b u r g , I l l i n o i s , f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The F i r s t National Bank of Freeburg, Freeburg, I l l i n o i s . J / S t . Louis Missouri D e l t a B a n c s h a r e s , I n c . , H a y t i , M i s s o u r i , f o r approval t o a c q u i r e a t l e a s t 95 p e r c e n t of t h e v o t i n g s h a r e s of Missouri D e l t a Bank, Hayti, Missouri. V Minneapolis E i t z e n I n d e p e n d e n t s , I n c . , E i t z e n , Minnesota, f o r approval t o a c q u i r e 8 4 . 4 p e r c e n t of t h e v o t i n g s h a r e s of E i t z e n S t a t e Bank, E i t z e n , Minnesota. ]_/ Kansas City A s s o c i a t e d Bank Shares C o r p o r a t i o n , Colorado S p r i n g s , C o l o r a d o , f o r approval t o a c q u i r e 25 p e r c e n t of t h e v o t i n g s h a r e s of C i t i z e n s National Bank, Colorado S p r i n g s , Colorado. V Kansas C i t y Community C o r p o r a t i o n , Enid, Oklahoma, f o r approval t o a c q u i r e a t l e a s t 9 9 . 5 p e r c e n t of t h e v o t i n g s h a r e s of Community Bank & T r u s t Company, Enid, Oklahoma. J / Kansas C i t y Green Mountain B a n c o r p o r a t i o n , I n c . , Englewood, C o l o r a d o , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Green Mountain Bank, Lakewood, Colorado. J / Kansas C i t y Midland BanCor, I n c . , L e e ' s Summit, M i s s o u r i , f o r approval t o a c q u i r e 80 p e r c e n t of t h e v o t i n g s h a r e s of Midland Bank, L e e ' s Summit, M i s s o u r i . \J Dallas F i r s t S t a t e Bancshares of Yoakum, I n c . , Yoakum, Texas, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t S t a t e Bank, Yoakum, Texas. 1/ Dallas j/ Sudan B a n c s h a r e s , I n c . . Lubbock, Texas, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The F i r s t National Bank of Sudan, Sudan, Texas. 1/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated authority. i H . 2 , 1982 No. 44 - 11 ACTIONS OF THE BOARD - Continued Dal l a s United B a n c o r p . , I n c . , V i c t o r i a , Texas, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of U n i t e d b a n k - V i c t o r i a , V i c t o r i a , Texas. J_/ San Francisco Harbor Bancorp, Long Beach, C a l i f o r n i a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Harbor Bank, Long Beach, C a l i f o r n i a J / San Francisco National Bancorp of A l a s k a , I n c . , Anchorage, A l a s k a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o National Bank of A l a s k a , Anchorage, A l a s k a . J / San Francisco Torrey P i n e s Group, Sol ana Beach, C a l i f o r n i a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Torrey P i n e s Bank, Sol ana Beach, C a l i f o r n i a . 1/ * * * * * To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956 Chicago Approved The Marion National C o r p o r a t i o n , Marion, I n d i a n a , f o r approval t o r e t a i n an a d d i t i o n a l 0 . 8 5 p e r c e n t of t h e v o t i n g s h a r e s of American Bank & T r u s t Company, Marion, I n d i a n a . ]_/ Chicago Mid-Citco I n c o r p o r a t e d , Chicago, I l l i n o i s , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o F i r s t National Bank of Morton Grove, Morton Grove, Illinois. V S t . Louis Ridgway Bancorp, I n c . , Ridgway, I l l i n o i s , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Vienna B a n c o r p . , I n c . , Vienna, I l l i n o i s and i n d i r e c t l y a t l e a s t 80 p e r c e n t of Drovers S t a t e Bank, Vienna, I l l i n o i s . V S t . Louis Ridgway Bancorp, I n c . , Ridgway, I l l i n o i s , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F r a n k f o r t B a n c o r p o r a t i o n , I n c . , West F r a n k f o r t , I l l i n o i s and i n d i r e c t l y a t l e a s t 80 p e r c e n t of Bank of West F r a n k f o r t , West F r a n k f o r t , I l l i n o i s . 1/ J/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated a u t h o r i t y . H . 2 , 1982 No. 44 - 12 - ACTIONS OF THE BOARD - Continued Kansas C i t y A l p i n e Bancorp, I n c . , Glenwood S p r i n g s , Colorado, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of A l p i n e Bank, Glenwood S p r i n g s , C o l o r a d o , a proposed new bank, Valley Bank & T r u s t , E a g l e ; B a s a l t Bancorp I n c . , B a s a l t and i n d i r e c t l y Bank of B a s a l t , B a s a l t ; Snowmass Bancorp, I n c . , Snowmass V i l l a g e , and i n d i r e c t l y Bank of Snowmass, Snowmass V i l l a g e ; and 9 . 6 p e r c e n t of Colorado R i v e r Bancorp, C l i f t o n , and i n d i r e c t l y Bank of C l i f t o n , C l i f t o n , a l l in C o l o r a d o . ]_/ Kansas C i t y C i t i z e n s B a n - C o r p o r a t i o n , Rock P o r t , M i s s o u r i , f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The Kingston Bank, K i n g s t o n , Missouri and The Farmers Bank of S h e r i d a n , S h e r i d a n , M i s s o u r i . 1/ Dal l a s Southwest B a n c s h a r e s , I n c . , Houston, Texas, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Plaza National Bank, K a r l i n g e n , Texas. Westex Bancorp, I n c . , Del Rio, Texas, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Sutton County National Bank, Sonora, Texas, a proposed new bank. V Dallas * * * * * To Expand a Bank Holding Company Pursuant t o S e c t i o n 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956 Kansas C i t y T7 V Returned Valley F a l l s I n s u r a n c e , I n c . , Valley F a l l s , Kansas, 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 (engaging in consumer "finance a c t i v i t i e s , i n c l u d i n g t h e e x t e n s i o n of d i r e c t l o a n s t o consumers in accordance with t h e B o a r d ' s R e g u l a t i o n Y) a t 406 Broadway, Valley F a l l s , Kansas, s e r v i n g t h e community of Valley F a l l s , Kansas ( 1 0 / 2 7 / 8 2 ) 3/ A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated authority. 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . 1/ H . 2 , 1982 No. 44 - 13 ACTIONS OF THE BOARD - Continued Kansas C i t y San Francisco Boston Boston J/ 3/ Approved Eaton C a p i t a l C o r p o r a t i o n , Loup C i t y , Nebraska, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Colorado I n d u s t r i a l Bank, Eaton, Colorado and i n d i r e c t l y engage in c r e d i t - r e l a t e d i n s u r a n c e through t h e bank. J_/ Delayed BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( p r o p e r t y i n s u r a n c e ) a t 23T West Broad S t r e e t , Quakertown, P e n n s y l v a n i a , s e r v i n g t h e e n t i r e S t a t e of P e n n s y l v a n i a , t h r o u g h i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica Consumer Discount Company (a P e n n s y l v a n i a c o r p o r a t i o n ) ( 1 0 / 2 8 / 8 2 ) 3/ Permitted F i r s t National Boston C o r p o r a t i o n , Boston, Massa c h u s e t t s , 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 ( p r o v i d i n g bookkeeping and data processing services f o r the internal o p e r a t i o n of a s i n g l e named f i n a n c i a l i n s t i t u t i o n ; and s t o r i n g and p r o c e s s i n g b a n k i n g , f i n a n c i a l or r e l a t e d d a t a i n c l u d i n g demand d e p o s i t , s a v i n g s , d i r e c t and i n d i r e c t i n s t a l l ment l o a n s , commercial l o a n s , m o r t g a g e s , gene r a l l e d g e r and c e n t r a l i n f o r m a t i o n a c c o u n t i n g f o r such f i n a n c i a l i n s t i t u t i o n and i n d i r e c t l y f o r i n s t i t u t i o n s which may e n t e r i n t o a d a t a p r o c e s s i n g agreement with such i n s t i t u t i o n ) a t 286 Main S t r e e t , Pawtucket, Rhode I s l a n d , s e r v i n g t h e S t a t e of Rhode I s l a n d , t h r o u g h i t s s u b s i d i a r y , FBC, I n c . (10/24/82) V H o s p i t a l T r u s t C o r p o r a t i o n , P r o v i d e n c e , Rhode I s l a n d , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( u n d e r w r i t i n g , a s r e i n s u r e r , c r e d i t l i f e and c r e d i t d i s a b i l i t y i n s u r a n c e which i s d i r e c t l y A p p l i c a t i o n p r o c e s s e d on b e h a l f of t h e Board of Governors under delegated a u t h o r i t y . 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H.2, 1982 No. 44 - 14 ACTIONS OF THE BOARD - Continued r e l a t e d t o e x t e n s i o n s of c r e d i t by t h e c r e d i t ext e n d i n g a f f i l i a t e s of H o s p i t a l Trust C o r p o r a t i o n ) a t One H o s p i t a l T r u s t P l a z a , P r o v i d e n c e , Rhode I s l a n d and 1500 Southwest F i n a n c i a l P l a z a , 3101 North Central Avenue, Phoenix, A r i z o n a , s e r v i n g Rhode I s l a n d , through i t s s u b s i d i a r y , RIHT L i f e I n s u r a n c e Company ( 1 0 / 3 0 / 8 2 ) 3/ New York B a r c l a y s Bank PLC and B a r c l a y s Bank I n t e r n a t i o n a l L i m i t e d , both of London, England, r e q u e s t p e r mission t o r e l o c a t e t h r e e e x i s t i n g o f f i c e s e n gaging in t h e f o l l o w i n g a c t i v i t i e s ( ( 1 ) making d i r e c t consumer l o a n s , i n c l u d i n g loans s e c u r e d by r e a l e s t a t e , and p u r c h a s i n g s a l e s f i n a n c e c o n t r a c t s r e p r e s e n t i n g e x t e n s i o n s of c r e d i t such as would be made o r acqui red by a consumer f i n a n c e company, and w h o l e s a l e f i n a n c i n g [ f l o o r p l a n n i n g ] and ( i i ) a c t i n g as agent f o r t h e s a l e of r e l a t e d c r e d i t l i f e , c r e d i t a c c i d e n t and h e a l t h and c r e d i t p r o p e r t y i n s u r a n c e , 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 and h e a l t h i n s u r a n c e s o l d as agent may be u n d e r w r i t t e n or r e i n s u r e d by B a r c l a y s A m e r i c a n C o r p o r a t i o n 1 s i n s u r a n c e u n d e r w r i t i n g s u b s i d i a r i e s ) from 321 South Hal 1 S t r e e t , Alcoa, Tennessee t o 2590 A i r p o r t Highway, Alcoa, Tennessee, t h r o u g h t h e i r s u b s i d i a r y , B a r c l a y s A m e r i c a n F i n a n c i a l , I n c . (a North C a r o l i n a c o r p o r a t i o n ) ; from 39 South 8th S t r e e t , F a y e t t e , Idaho, t o 1159 S.W. 4th Avenue, O n t a r i o , Oregon, through i t s s u b s i d i a r y , B a r c l a y s A m e r i c a n F i n a n c i a l , I n c . (a North C a r o l i n a c o r p o r a t i o n ) ; from 208 North Trenton S t r e e t , R u s t o n , L o u i s i a n a , t o 1515 Stubbs Avenue, Monroe, L o u i s i a n a , through i t s s u b s i d i a r i e s , BarclaysAmericanFinancial, Inc. (a North C a r o l i n a c o r p o r a t i o n ) and BarclaysAmeric a n / F i n a n c i a l , I n c . (a Texas c o r p o r a t i o n ) ( 1 0 / 2 3 / 8 2 ) 3/ New York The Chase Manhattan C o r p o r a t i o n , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h a de novo o f f i c e engaging in t h e f o l l o w i n g a c t i v i t i e s ( p e r f o r m i n g t h e a c t i v i t i e s t h a t may be conducted 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 , in vestment a d v i s o r y , agency or c u s t o d i a n n a t u r e in t h e manner a u t h o r i z e d by Federal or s t a t e law) a t TJ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H . 2 , 1982 No. 44 - 15 ACTIONS OF THE BOARD - Continued Arvida F i n a n c i a l P l a z a , 5550 Glades Road, Boca Raton, Palm Beach, F l o r i d a , s e r v i n g t h e e n t i r e S t a t e of F l o r i d a with a primary s e r v i c e a r e a of Palm Beach and Brevard c o u n t i e s , through i t s subs i d i a r y , The Chase Manhattan T r u s t Company of F l o r i d a , National A s s o c i a t i o n ( 1 0 / 2 4 / 8 2 ) 3/ Philadelphia York Bancorp, York, P e n n s y l v a n i a , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( u n d e r w r i t i n g , a s r e i n s u r e r , c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t by A p p l i c a n t ' s subs i d i a r y bank, The York Bank and T r u s t Company) in Phoenix, A r i z o n a , t h e g e o g r a p h i c a r e a t o be served i s S o u t h e a s t e r n P e n n s y l v a n i a , through i t s s u b s i d i a r y , Dickinson L i f e I n s u r a n c e Company (10/29/82) 3/ Richmond Dominion Bankshares C o r p o r a t i o n , 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 in de novo a c t i v i t i e s ( p e r f o r m i n g or c a r r y i n g on any one or more of t h e f u n c t i o n s o r a c t i v i t i e s t h a t may be p e r formed or c a r r i e d on by a t r u s t company) a t 213 South J e f f e r s o n S t r e e t , Roanoke; 186 North Loudoun S t r e e t , W i n c h e s t e r ; 830 East S t r e e t , Richmond; and RNB C e n t e r , H a r r i s o n b u r g , V i r g i n i a , s e r v i n g t h e f o l l o w i n g V i r g i n i a a r e a s : Roanoke SMSA, Richmond SMSA; t h e c i t i e s of C o v i n g t o n , L e x i n g t o n , Buena V i s t a , G a l a x , B e d f o r d , H a r r i s o n b u r g , and Winchester t h e c o u n t i e s of A l l e g a n y , Rockbridge, B e d f o r d , G i l e s , Wythe, C a r r o l l , Grayson, T a z e w e l l , Smyth, R u s s e l l , Wise, Rockingham, August, and F r e d e r i c k , t h r o u g h a s u b s i d i a r y , Dominion T r u s t Company (10/24/82) 3/ Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , M i n n e s o t a , n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from K Mart P l a z a , F a r g o , North Dakota, t o L a B e l l e ' s P l a z a Shopping C e n t e r , S t o r e #5, 3220 13th Avenue S o u t h , F a r g o , North Dakota, t h r o u g h i t s s u b s i d i a r y , Dial Finance Company of North Dakota ( 1 0 / 2 9 / 8 2 ) 3/ 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H . 2 , 1982 No. 44 - 16 ACTIONS OF THE BOARD - Continued Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 4724 Broadway, Gary, I n d i a n a t o Twin Towers M a l l , Unit 27, 1000 East 80th P l a c e , M e r r i l l v i l l e , I n d i a n a , s e r v i n g s u b s t a n t i a l l y t h e same g e o g r a p h i c a l a r e a a s t h e e x i s t i n g o f f i c e , through i t s s u b s i d i a r y , Dial Finance Company of I n d i a n a , I n c . ( 1 0 / 2 9 / 8 2 ) 3 / Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and c o m m e r c i a l T i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 1339 South G l e n s t o n e Avenue, S p r i n g f i e l d , Missouri t o 2724 South G l e n s t o n e Avenue, S p r i n g f i e l d , Missouri t h r o u g h i t s s u b s i d i a r i e s , Dial Finance Company of M i s s o u r i and Dial Finance Company of Missouri No. 1 (10/29/82) 3/ Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 7122 Alameda Avenue, Hidden Valley Shopping C e n t e r , El Paso, Texas, t o Airways J u n c t i o n Shopping C e n t e r , S u i t e D-7, 1201 Airway Boulev a r d , El Paso, Texas, t h r o u g h i t s s u b s i d i a r y , Dial Finance Company of Texas ( 1 0 / 2 9 / 8 2 ) 2/ Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and c o m m e r c i a l - f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) t h i s n o t i f i c a t i o n i s f o r ( i ) t h e r e l o c a t i o n of an e x i s t i n g o f f i c e a t 6026 Maple S t r e e t , Omaha, Nebraska t o Maple 108 Shopping C e n t e r , S u i t e C, Unit 3, 108th and Maple, Omaha, Nebraska and ( i i ) t h e r e l o c a t i o n of an e x i s t i n g o f f i c e a t 120 West T h i r d S t r e e t , Grand I s l a n d , Nebraska t o l i e de Grand Shopping C e n t e r , 2339 North Webb Road, Grand I s l a n d , Nebraska, t h r o u g h i t s s u b s i d i a r y , Dial F i n a n c e Company of Nebraska ( 1 0 / 2 9 / 8 2 ) J3/ 37 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H . 2 , 1982 No. 44 - 17 - ACTIONS OF THE BOARD - Continued Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 123 Federal P l a z a West Youngstown, Ohio t o 7510 Market S t r e e t , Youngstown, Ohio, t h r o u g h i t s s u b s i d i a r i e s , Dial Finance Company of Ohio, F i r s t D i a l , I n c . and Dial Finance Company of Ohio No. 1 , I n c . ( 1 0 / 2 9 / 8 2 ) 3/ Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial"Tinance, and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 10617 France Avenue South, Bloomington, Minnesota, which o f f i c e , upon r e l o c a t i o n , w i l l s e r v e s u b s t a n t i a l l y t h e same g e o g r a p h i c a l a r e a as t h e e x i s t i n g o f f i c e t o The B u r n h i l 1 P l a z a , S t o r e #13, 1250 West County Road, B u r n s v i l l e , Minnesota, t h r o u g h i t s subs i d i a r i e s , Dial F i n a n c e Company of Minnesota, Dial I n d u s t r i a l Finance Company of Minnesota and Dial Finance Company of Minnesota No.l ( 1 0 / 2 9 / 8 2 ) _3/ Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and c o m m e r c i a l T i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from Route 23 S o u t h , F r a n k l i n , New J e r s e y , which o f f i c e , upon r e l o c a t i o n , w i l l s e r v e t h e town of S u s s e x , New J e r s e y , t h e s u r r o u n d i n g r u r a l a r e a and nearby towns t o t h e Sussex S t a t i o n , S u i t e 104, S u s s e x , New J e r s e y , t h r o u g h i t s s u b s i d i a r y , Dial Finance Company of New J e r s e y I n c . ( 1 0 / 2 9 / 8 2 ) 3/ Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 7131 South Western Avenue, Westernview Shopping C e n t e r , Oklahoma C i t y , Oklahoma, t o 8514 South P e n n s y l v a n i a Avenue, Oklahoma C i t y , Oklahoma, through i t s s u b s i d i a r y , Dial Finance Company of Oklahoma, I n c . ( 1 0 / 2 9 / 8 2 ) 2/ 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H.2, 1982 No. 44 - 1 8 - ACTI0N5 OF THE BOARD - Continued Minneapolis Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (consumer and commercial f i n a n c e , and t h e s a l e of c r e d i t - r e l a t e d i n s u r a n c e ) from 1103 Hampton S t r e e t , Columbia, South C a r o l i n a t o Dutch P l a z a , S u i t e 107, 800 Dutch Square Boulev a r d , Columbia, South C a r o l i n a , through i t s subs i d i a r y , Dial Finance Company of South C a r o l i n a ( 1 0 / 2 9 / 8 2 ) 3/ San Francisco BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( i n t h e a c t i v i t y of u n d e r w r i t e r , i n i t i a l l y as r e i n s u r e r , t o t h e e x t e n t p e r m i t t e d by r e l e v a n t S t a t e law, f o r c r e d i t - r e l a t e d l i f e i n s u r a n c e and c r e d i t - r e l a t e d a c c i d e n t and h e a l t h i n s u r a n c e which i s d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t by BankAmerica C o r p o r a t i o n and i t s nonbank s u b s i d i a r i e s ) a t 433 C a l i f o r n i a S t r e e t , San F r a n c i s c o , C a l i f o r n i a , s e r v i n g t h e S t a t e s of Alabama, C a l i f o r n i a , L o u i s i a n a , M i s s i s s i p p i , and South C a r o l i n a , through i t s i n d i r e c t s u b s i d i a r y , BA I n s u r a n c e Company, I n c . (a C a l i f o r n i a corporation) (10/28/82) 3/ San Francisco BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a t i o n of i t s i n t e n t t o engage in a de novo a c t i v i t y ( i n t h e a c t i v i t y of s e l l i n g t r a v e l e r s checks) a t t h e Miami I n t e r n a t i o n a l A i r p o r t , Miami, F l o r i d a , s e r v i n g t h e e n t i r e S t a t e of F l o r i d a , through i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica C o r p o r a t i o n (a F l o r i d a c o r p o r a t i o n ) ( 1 0 / 3 0 / 8 2 ) 3/ San Francisco U. S. Bancorp, P o r t l a n d , Oregon, 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, a c q u i r i n g , and s e r v i c i n g of loans and o t h e r e x t e n s i o n s of c r e d i t e i t h e r secured or unsecured f o r i t s own account or f o r t h e account of o t h e r s , i n c l u d i n g t h e making of consumer i n s t a l l m e n t l o a n s , p u r c h a s i n g consumer i n s t a l l m e n t and r e a l e s t a t e s a l e s f i n a n c e c o n t r a c t s and e v i d e n c e s of debt and making consumer home e q u i t y l o a n s secured by r e a l e s t a t e , making i n d u s t r i a l l o a n s , and a c t i n g as i n s u r a n c e agent with r e g a r d t o c r e d i t l i f e and d i s a b i l i t y i n s u r a n c e , s o l e l y in c o n n e c t i o n with e x t e n s i o n s of c r e d i t by Bancorp F i n a n c i a l ) a t 3315 North Academy B l v d . , Colorado S p r i n g s , Colorado, t h e geographic a r e a t o 37 4 ( c ) ( o ) n o n n c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . H . 2 , 1982 No. 44 - 19 ACTIONS OF THE BOARD - Continued be served by t h e proposed o f f i c e w i l l be t h e e n t i r e c i t y of Colorado S p r i n g s , C o l o r a d o , through i t s subs i d i a r y , U, S. Bancorp F i n a n c i a l , Inc d / b / a / U. S. Bancorp F i n a n c i a l S e r v i c e s , I n c . ( 1 0 / 2 4 / 8 2 ) 3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . I H . 2 , 1982 No. 44 - 20 - APPLICATIONS RECEIVED To E s t a b l i s h a Domestic Branch P u r s u a n t To S e c t i o n 9 of t h e F e d e r a l Reserve Act New York The Bank of New York, New York, New York. P e r m i s s i o n t o e s t a b l i s h 10 o f f s i t e e l e c t r o n i c f a c i l i t y o f f i c e s in Broome and Otsego C o u n t i e s , New York. 1} Chicago Wyandotte Savings Bank, Wyandotte, Michigan. e s t a b l i s h a branch a t 2333 R i d d l e Avenue, Wyandotte, Michigan, j?/ Atlanta F l a g s h i p Bank of Tampa, Tampa, F l o r i d a . To e s t a b l i s h a branch a t t h e n o r t h w e s t Corner of Memorial Highway and C a r l y l e Road, Tampa, F l o r i d a . 2 / San Francisco F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los Angeles, C a l i f o r n i a . A branch o f f i c e in t h e v i c i n i t y of t h e i n t e r s e c t i o n of Rancho Santa Fe Road and San Marcos Boulevard, City of San Marcos, San Diego County, C a l i f o r n i a . 7J * * * * To * 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 I n v e s t m e n t s and Other A c t i o n s P u r s u a n t t o S e c t i o n s 25 and 2 5 ( a ) of t h e Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956, as amended New York H i l l Samuel Group. PLC, London, England: r e q u e s t s c o n s e n t t o e s t a b l i s h an Edge Act c o r p o r a t i o n in New York, New York t o be named H i l l Samuel I n t e r n a t i o n a l Banking C o r p o r a t i o n . San Francisco Bank of America NT&SA, San F r a n c i s c o , C a l i f o r n i a : 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 i n c r e a s e i t s i n v e s t m e n t in Norco F i n a n c i a l S e r v i c e s L i m i t e d , T o r o n t o , Canada. San Francisco Bank of America NT&SA, San F r a n c i s c o , C a l i f o r n i a : 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 i n c r e a s e i t s i n v e s t m e n t in Finance America R e a l t y L i m i t e d , T o r o n t o , Canada. YJ A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act, The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d a s t o t h e l e n g t h of t h e comment p e r i o d . H . 2 , 1982 No. 44 - 21 - APPLICATIONS RECEIVED - Continued San Francisco BankAmerica I n t e r n a t i o n a l , San F r a n c i s c o , C a l i f o r n i a : r e q u e s t f o r approval t o amend A r t i c l e Eight of i t s A r t i c l e s of A s s o c i a t i o n , d e l e t i n g t h e requirement t h a t a l l of i t s d i r e c t o r s be c i t i z e n s of t h e United S t a t e s . San Francisco F i r s t Hawaiian, I n c . , Honolulu, Hawaii: 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 i n v e s t m e n t in t h e common s t o c k of Japan Hawaii Finance K.K., Tokyo, J a p a n . * * * * * To Form a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956 Cleveland C i t i z e n s B a n c s h a r e s , I n c . , S a l i n e v i l l e , Ohio, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of The C i t i z e n s Banking Company, S a l i n e v i l l e , Ohio. ZJ Cleveland Farmers National Banc C o r p . , C a n f i e l d , Ohio, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of The Farmers National Bank of C a n f i e l d , C a n f i e l d , Ohio. 2j Cleveland P e o p l e s L i b e r t y B a n c o r p o r a t i o n , Covington, Kentucky, f o r approval t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of Peoples L i b e r t y Bank & T r u s t Company, Covington, Kentucky. 2/ Cleveland United Midwest B a n c s h a r e s , I n c . , C i n c i n n a t i , Ohio, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Southern Ohio Bank, C i n c i n n a t i , Ohio. 2] Richmond F i r s t C i t i z e n s B a n c o r p o r a t i o n of South C a r o l i n a , I n c . , Columbia, South C a r o l i n a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t - C i t i z e n s Bank and T r u s t Company, Columbia, South C a r o l i n a . 2J Ri chmond Mid-South B a n c s h a r e s , I n c . , S a n f o r d , North C a r o l i n a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Mid-South Bank and T r u s t Company, S a n f o r d , North C a r o l i n a . 2/ 2 / A p p l i c a t i o n s u b j e c t t o Community Reinvestment A c t . The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d as t o t h e l e n g t h of t h e comment p e r i o d . H . 2 , 1982 No. 44 - 22 - APPLICATIONS RECEIVED - Continued Atlanta ALABANC, I n c . , Wad l e y , Alabama, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t Bank, Wadley, Alabama. 2/ Chicago Monroe B a n c s h a r e s , L t d . , Monroe, Iowa, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e voting s h a r e s of Monroe S t a t e Bank, Monroe, Iowa. 2/ Chicago S t o n i n g t o n Banc S h a r e s , I n c . , S t o n i n g t o n , I l l i n o i s , f o r approval t o a c q u i r e 100 p e r c e n t of t h e voting s h a r e s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e s u c c e s s o r by merger t o Stonington Community Bank, S t o n i n g t o n , I l l i n o i s . 2/ S t . Louis Bancshares of Camden, I n c . , Camden, Tennessee, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Bank of Camden, Camden, Tennessee. 2/ S t . Louis Goreville Bancorporation, I n c . , Goreville, I l l i n o i s , for approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e voting s h a r e s of G o r e v i l l e S t a t e Bank, G o r e v i l l e , I l l i n o i s . 2/ S t . Louis Heber Springs B a n c s h a r e s , I n c . , Heber S p r i n g s , Arkansas, f o r approval t o a c q u i r e a t l e a s t 86.9 p e r c e n t of t h e v o t i n g s h a r e s of Heber Springs S t a t e Bank, Heber S p r i n g s , Arkansas. 2/ S t . Louis Lebanon B a n c s h a r e s , I n c . , Lebanon, Kentucky, f o r approval t o a c q u i r e 8 1 . 2 p e r c e n t of t h e v o t i n g s h a r e s of The Farmers National Bank of Lebanon, Lebanon, Kentucky. 2/ S t . Louis SVB&T C o r p o r a t i o n , French L i c k , I n d i a n a , f o r approval t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of Springs Valley Bank & T r u s t Company, French L i c k , I n d i a n a . 2/ S t . Louis Walnut Ridge Bankstock C o r p o r a t i o n , Walnut Ridge, Arkansas, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of C i t i z e n s National Bank of Walnut Ridge, Walnut Ridge, Arkansas. 2/ Minneapolis New Germany B a n c s h a r e s , I n c . , New Germany, Minnesota, f o r approval t o a c q u i r e a t l e a s t 8 6 . 8 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t S t a t e Bank of New Germany, New Germany, Minnesota. 2/ 2/ A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d as t o t h e l e n g t h of t h e comment p e r i o d . H.2, 1982 No. 44 - 23 - APPLICATIONS RECEIVED - Continued Kansas C i t y Alexandria S t a t e Company, A urora , Nebraska, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of S t a t e Bank of A l e x a n d r i a , A l e x a n d r i a , Nebraska. 2/ San Francisco Bank Hapoalim, B.M., Tel Aviv, I s r a e l , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of Hapoalim C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a , a proposed new bank. 2/ San Francisco C a l i f o r n i a C i t y Bancorp, Orange, C a l i f o r n i a , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of t h e C a l i f o r n i a C i t y Bank, N.A., Orange, C a l i f o r n i a , a proposed new bank. 2/ * * * * * To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956 Richmond The Maybaco Company, B a l t i m o r e , Maryland, f o r approval t o a c q u i r e , t h r o u g h i t s s u b s i d i a r y , E q u i t a b l e B a n c o r p o r a t i o n , B a l t i m o r e , Maryland, i n d i r e c t l y a l l of t h e o u t s t a n d i n g s h a r e s of E q u i t a b l e Bank of Delaware, N.A., Dover, Delaware, a proposed new bank. 2/ Atlanta SouthTrust C o r p o r a t i o n , Birmingham, Alabama, f o r approval t o a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of The Midland S t a t e Bank, Midland C i t y , Alabama. 2 / Dallas F i r s t City Bancorporation of Texas, I n c . , Houston, T e x a s , f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t C i t y Bank-Westheimer P l a z a , N.A., Houston, Texas, a proposed new bank. 2 / Dallas Northshore B a n c s h a r e s , I n c . , Houston, Texas, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t National Bank of Crosby, Crosby, Texas, a proposed new bank. 2 / ~Tj A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d as t o t h e l e n g t h of t h e comment p e r i o d . H.2, 1982 No. 44 -24- APPLICATIONS RECEIVED Dallas - Continued Southwest B a n c s h a r e s , I n c . , Houston, Texas, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of The Marshall National Bank, Marshal 1, Texas. 2 / * * * * To Expand a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 5 ) of t h e Bank Holding Company Act of 1956 Chicago Old Kent F i n a n c i a l C o r p o r a t i o n , Grand R a p i d s , Michigan, f o r approval t o merge with P a c e s e t t e r F i n a n c i a l C o r p o r a t i o n , Grand R a p i d s , Michigan, and i n d i r e c t l y a c q u i r e P a c e s e t t e r Bank & T r u s t Southwest, N i l e s ; P a c e s e t t e r Bank & T r u s t Grand T r a v e r s e , T r a v e r s e C i t y ; P a c e s e t t e r Bank & T r u s t , Owosso; P a c e s e t t e r Bank & T r u s t - W e s t , Grand Haven; The Brighton S t a t e Bank, B r i g h t o n ; H i l l s d a l e S t a t e Savings Bank, H i l l s d a l e ; P a c e s e t t e r BankS o u t h e a s t , Grand Blanc; P a c e s e t t e r National Bank, C a s s o p o l i s ; Almont Savings Bank, Almont; and P a c e s e t t e r Bank-Lansing, N.A., L a n s i n g , a l l in Michigan. 2/ * * * * * To Expand a Bank Holding Company Pursuant t o S e c t i o n 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956 New York 2/ The Bank of New York Company, I n c . , New York, New York, r e q u e s t s p e r m i s s i o n t o e s t a b l i s h two de novo o f f i c e s engaging in t h e f o l l o w i n g a c t i v i t i e s ( s e r v i c i n g l o a n s and o t h e r e x t e n s i o n s of c r e d i t f o r any person and making or a c q u i r i n g , f o r i t s own account or f o r t h e account of o t h e r s , l o a n s and o t h e r e x t e n s i o n s of c r e d i t [ i n c l u d i n g i s s u i n g l e t t e r s of c r e d i t and a c c e p t i n g d r a f t s ] , such as would be made by a m o r t g a g e , f i n a n c e , c r e d i t c a r d , or f a c t o r i n g company) a t 48 Wall S t r e e t , New York, New York and Texas Commerce Tower, 601 Milam S t r e e t , Houston, Texas, through i t s s u b s i d i a r y , BNY F i n a n c i a l C o r p o r a t i o n ( 1 0 / 2 9 / 8 2 ) A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act. The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d a s t o t h e l e n g t h of t h e comment p e r i o d . H . 2 , 1982 No. 44 - 25 - APPLICATIONS RECEIVED - Continued New York Chemical New York C o r p o r a t i o n , New York, New York, r e q u e s t s p e r m i s s i o n t o expand a de novo o f f i c e engaging in t h e f o l l o w i n g a c t i v i t i e s ( ( i ) p r o v i d i n g d a t a p r o c e s s i n g and d a t a t r a n s m i s s i o n s e r v i c e s , d a t a b a s e s and f a c i l i t i e s f o r t h e i n t e r n a l o p e r a t i o n s of Chemical New York C o r p o r a t i o n , i n c l u d i n g Chemical Bank and a l l o t h e r Chemical New York C o r p o r a t i o n subs i d i a r i e s ; ( i i ) providing to other data proc e s s i n g and t r a n s m i s s i o n s e r v i c e s , f a c i l i t i e s , d a t a b a s e s or a c c e s s t o such s e r v i c e s , f a c i l i t i e s or d a t a b a s e s by any t e c h n o l o g i c a l l y f e a s i b l e means f o r f i n a n c i a l , banking or economic d a t a ; and ( i i i ) p r o v i d i n g t o o t h e r s e x c e s s c a p a c i t y and time s h a r i n g on d a t a p r o c e s s i n g or t r a n s m i s s i o n equipment or f a c i l i t i e s , t h e s e r v i c e a r e a of t h e company w i l l be t h e e a s t e r n United S t a t e s ) a t 5 Belmont D r i v e , Somerset, New J e r s e y , t h r o u g h i t s s u b s i d i a r y , Chemnetwork Processing Services, Inc. (10/25/82) New York The Hongkong and Shanghai Banking C o r p o r a t i o n , Hong Kong, B . C . C . , r e q u e s t s p e r m i s s i o n t o e s t a b l i s h two de novo o f f i c e s engaging in t h e f o l l o w i n g a c t i v i t i e s ( l e a s i n g and i n s t a l l m e n t f i n a n c i n g a c t i v i t i e s in a c c o r d a n c e with S e c t i o n 2 2 5 . 4 ( a ) ( 6 ) of t h e B o a r d ' s R e g u l a t i o n Y and t o a c t a s a g e n t , b r o k e r or a d v i s e r f o r such a c t i v i t i e s ) a t 1133 Avenue of t h e Americas, 43rd and 6th Avenue, New York, New York and 6151 Century B o u l e v a r d , Los A n g e l e s , C a l i f o r n i a , t h r o u g h i t s s u b s i d i a r y , U. S. Concord, I n c . (10/25/82) New York M a n u f a c t u r e r s Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s p e r m i s s i o n t o expand t h e s e r v i c e a r e a of an e x i s t i n g o f f i c e engaging in t h e f o l l o w i n g a c t i v i t i e s ( a r r a n g i n g , making, or a c q u i r i n g f o r i t s own account or t h e account of o t h e r s e x t e n s i o n s of c r e d i t such as would be made by a f i n a n c e company and t h e s a l e as agent or b r o k e r 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 and h e a l t h i n s u r a n c e d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t by Finance One of Colorado, I n c . ; t h i s o f f i c e will serve the e n t i r e United S t a t e s and P u e r t o Rico) a t M a j e s t i c B u i l d i n g , S u i t e 303, 7200 East Hampden Avenue, Denver, C o l o r a d o , t h r o u g h i t s s u b s i d i a r y , Finance One of C o l o r a d o , I n c . (10/28/82) H . 2 , 1982 No. 44 - 2 6 - APPLICATIONS RECEIVED - Continued Cleveland Independence Bancorp, Independence, Ohio, 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 l e a s e s of p e r s o n a l p r o p e r t y [ e . g . , machine t o o l e q u i p m e n t , a u t o m o t i v e equipment, computers and o f f i c e e q u i p m e n t ] in accordance with t h e Federal Reserve B o a r d ' s Regulation Y) a t 4401 Rockside Road, Independence, Ohio, through i t s s u b s i d i a r y , Independence Equipment Leasing Company ( 1 0 / 2 7 / 8 2 ) Richmond Dominion Bankshares C o r p o r a t i o n , 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 in de novo a c t i v i t i e s (mortgage banking a c t i v i t i e s of o r i g i n a t i n g r e s i d e n t i a l , commercial, i n d u s t r i a l , and c o n s t r u c t i o n l o a n s f o r i t s own account and f o r s a l e t o o t h e r s , and s e r v i c i n g such l o a n s f o r o t h e r s , and t h e s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and h e a l t h , c r e d i t d i s a b i l i t y , mortgage redemption and mortgage a c c i d e n t and h e a l t h i n s u r a n c e in c o n n e c t i o n with such mortgage l o a n s ) a t 3959 E l e c t r i c Road, S.W., Roanoke, V i r g i n i a , t h r o u g h i t s s u b s i d i a r y , Dominion Bank Shares Mortgage C o r p o r a t i o n ( 1 0 / 2 8 / 8 2 ) Chicago Merchants National C o r p o r a t i o n , I n d i a n a p o l i s , I n d i a n 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 ( t o engage in l e a s i n g a c t i v i t i e s i n c l u d i n g l e a s i n g of c a p i t a l goods and equipment t o i n d u s t r y , banks and o t h e r s o r a c t as a g e n t , b r o k e r , or a d v i s o r in l e a s i n g such personal p r o p e r t y ) a t 9600 C o l e r i a n Avenue, C i n c i n n a t i , Ohio, t h e g e o g r a p h i c a r e a t o be served w i l l be w i t h i n a 5 0 - m i l e r a d i u s of C i n c i n n a t i , t h r o u g h i t s i n d i r e c t l y - o w n e d s u b s i d i a r y , C i r c l e Acceptance Leasing Corp. ( 1 0 / 1 9 / 8 2 ) S t . Louis Heber Springs B a n c s h a r e s , I n c . , Heber S p r i n g s , A r k a n s a s , f o r approval t o engage in t h e placement of commercial mortgage l o a n s t o t h i r d p a r t y l e n d e r s and p e r f o r m i n g r e a l e s t a t e a p p r a i s a l s . Kansas City A l e x a n d r i a S t a t e Company, Aurora, Nebraska, f o r approval t o engage in g e n e r a l i n s u r a n c e a c t i v i t i e s . Kansas C i t y F i r s t C i t y Bancorp. I n c . , Oklahoma C i t y , Oklahoma, 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 ) engage de novo in maFTng or a c q u i r i n g loans and o t h e r e x t e n s i o n s of c r e d i t , both secured and u n s e c u r e d , i n c l u d i n g commercial loans s e c u r e d by a b o r r o w e r ' s i n v e n t o r y , a c c o u n t s 1 H . 2 , 1982 No. 44 -27- APPLICATIONS RECEIVED - Continued r e c e i v a b l e or o t h e r a s s e t s , consumer l o a n s , r e s i d e n t i a l and commercial c o n s t r u c t i o n l o a n s , and l o a n s secured by second r e a l e s t a t e m o r t g a g e s ; and (2) t o r e t a i n d i r e c t ownership of 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t C i t y Bancorp I n s u r a n c e Agency, I n c . , and t h e r e b y c o n t i n u e t o engage i n d i r e c t l y in t h e s a l e of any i n s u r a n c e t h a t i s d i r e c t l y r e l a t e d t o an e x t e n s i o n of c r e d i t by A p p l i c a n t ) a t 204 North Robinson* Oklahoma C i t y , O k l a h o m a and Northwest 23rd S t r e e t a t C o u n c i l , Oklahoma C i t y , Oklahoma, s e r v i n g t h e S t a t e of Oklahoma (10/27/82) Dal l a s RepublicBank C o r p o r a t i o n , D a l l a s , Texas, 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 (making and a c q u i r i n g , f o r i t s own account or f o r t h e account of o t h e r s , l o a n s and o t h e r e x t e n s i o n s of c r e d i t such as would be made by a mortgage company; and s e r v i c i n g l o a n s and o t h e r e x t e n s i o n s of c r e d i t f o r o t h e r s ) in D a l l a s , Texas and Lubbock, Texas, t h e proposed expanded s e r v i c e a r e a f o r t h e conduct of t h e s e a c t i v i t i e s w i l l be t h e S t a t e of Texas, through i t s s u b s i d i a r y , Republic National Mortgage C o r p o r a t i o n of Texas ( 1 0 / 2 5 / 8 2 ) San Francisco BankAmerica C o r p o r a t i o n , San F r a n c ' s c o , C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o expand t h e de novo a c t i v i t i e s (making or a c q u i r i n g f o r iTs own a c c o u n t l o a n s and o t h e r e x t e n s i o n s of c r e d i t such as would be made or a c q u i r e d by a f i n a n c e company; s e r v i c i n g l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; and o f f e r i n g c r e d i t - r e l a t e d l i f e i n s u r a n c e , c r e d i t - r e l a t e d a c c i d e n t and h e a l t h i n s u r a n c e and c r e d i t - r e l a t e d p r o p e r t y i n s u r a n c e ; such a c t i v i t i e s w i l l i n c l u d e , but not be l i m i t e d t o , purchasing installment s a l e s finance c o n t r a c t s , making l o a n s and o t h e r e x t e n s i o n s of c r e d i t t o consumers as well as small b u s i n e s s e s , making l o a n s and o t h e r e x t e n s i o n s of c r e d i t secured by r e a l and p e r s o n a l p r o p e r t y , and o f f e r i n g c r e d i t r e l a t e d l i f e , c r e d i t - r e l a t e d a c c i d e n t and h e a l t h and c r e d i t - r e l a t e d p r o p e r t y i n s u r a n c e ; c r e d i t r e l a t e d l i f e and c r e d i t - r e l a t e d a c c i d e n t and h e a l t h i n s u r a n c e may be r e i n s u r e d by BA I n s u r a n c e Company, a H . 2 , 1982 No. 44 - 28 - APPLICATIONS RECEIVED - Continued I n c . , an a f f i l i a t e of FinanceAmerica Consumer Discount Company) a t S u i t e B410, Hazleton O f f i c e Campus, 29th and North Church S t r e e t s , H a z l e t o n , P e n n s y l v a n i a , s e r v i n g t h e e n t i r e S t a t e of P e n n s y l vania, through i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica Consumer Discount Company (a Pennsylvania corporation) (10/30/82) San Francisco Bank Hapoalim, B.M., Tel Aviv, I s r a e l , f o r approval t o engage de novo in investment a d v i s i n g and l e a s i n g t h r o u g h i t s s u b s i d i a r y , Ampal-American I s r a e l C o r p o r a t i o n , New York, New York. San Francisco V a l l e y C a p i t a l C o r p o r a t i o n , Las Vegas, Nevada, 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 ( a c t i n g as an u n d e r w r i t e r f o r c r e d i t l i f e i n s u r a n c e and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e which i s d i r e c t l y r e l a t e d t o t h e e x t e n s i o n s of c r e d i t by t h e bank h o l d i n g company system) in Phoenix, A r i z o n a , t h r o u g h i t s s u b s i d i a r y , Valley C a p i t a l L i f e I n s u r a n c e Company ( 1 0 / 2 7 / 8 2 ) REPORTS RECEIVED None PETITIONS FOR RULEMAKING None.
@FedFRASER