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ANNOUNCEMENT BY
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
( H . ? , 19F3 No. 40)
A c t i o n s 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 8 , 1983
APPLICABLE
RESERVE BANK
ACTIONS OF THE BOARD
R e g u l a t i o n s D and 0 amendment, t o reduce t h e minimum
m a t u r i t y of a l l time d e p o s i t s t o seven d a y s ,
e f f e c t i v e October 1 , 1983 (Docket No. R-0417)
R e g u l a t i o n D amendment * t o modify t h e r e s e r v e
requirements on nonpersonal time d e p o s i t s ,
e f f e c t i v e October 6 , 1983 (Docket No. R-0484)
R e g u l a t i o n 0 t e c h n i c a l amendments t o i n c o r p o r a t e
r u l e s r e l a t i n g t o t h e payment of i n t e r e s t on
d e p o s i t s adopted by t h e Depository I n s t i t u t i o n s
D e r e g u l a t i o n Committee; e f f e c t i v e October 1
(Docket No. R-0483)
O v e r - t h e - c o u n t e r s t o c k s , t h e Federal Reserve Board
p u b l i s h e d a Supplement t o i t s l i s t of OTC s t o c k s
t h a t a r e s u b j e c t t o i t s margin r e g u l a t i o n s , e f f e c t i v e
October 17, 1983.
Consumer Advisory Council meeting on October P6 and
2 7 , in s e s s i o n s open t o t h e p u b l i c , in Terrace
Room E of t h e B o a r d ' s Martin B u i l d i n g .
New York
Mechanics and Farmers Savings Bank, B r i d g e p o r t ,
C o n n e c t i c u t , a p p l i c a t i o n t o a c q u i r e t h e a s s e t s of
and assume l i a b i l i t y t o pay d e p o s i t s of one branch
of t h e C o n n e c t i c u t Bank & T r u s t Company, National
A s s o c i a t i o n , H a r t f o r d , C o n n e c t i c u t , l o c a t e d in
R i d g e f i e l d , C o n n e c t i c u t ; r e p o r t t o t h e Federal
D e p o s i t s 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. ] /
Philadelphia
F i r s t Jersey National Corporation, J e r s e y C i t y , New
Jersey* a p p l i c a t i o n for approval of purchase of
A t l a n t i c C i t y branch of The F i r s t J e r s e y National
T7 A p p l i c a t i o n processed on behalf of the Board of Governors under
delegated authority.
H.?, iQpr'f.o. an
- ? .
ACTIONS OF THE BOARD - Continued
Rank, .lersey C i t y . New J e r s e y , hy The F i r s t J e r s e y
^at ional Bank/South. Manahawkin, New J e r s e y , both
hanks b e i n g s u b s i d i a r i e s of a p p l i c a n t ; 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
factors. 2/
Phil ? f e l p h i a
CNR National Bank, F o r e s t C i t y , P e n n s y l v a n i a , proposal
t o merge with Community National Bank, F o r e s t C i t y ,
P e n n s y l v a n i a , under t h e c h a r t e r of t h e former and
with t i t l e of t h e l a t t e r ; r e p o r t t o t h e Comptroller
of t h e Currency on c o m p e t i t i v e f a c t o r s . 2 /
Philadelphia
N o r t h e a s t e r n Bank of P e n n s y l v a n i a , W i l k e s - B a r r e ,
P e n n s y l v a n i a , proposal t o a c q u i r e Berwick Plaza
O f f i c e of Susquehanna S a v i n g s , a d i v i s i o n of
A t l a n t i c F i n a n c i a l F e d e r a l , Bala Cynwyd, P e n n s y l v a n i a ;
r e p o r t t o t h e Federal Deposit Insurance 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 /
+- l a d e l p h i a
Cleveland
i
»1d
e eland
k
hmond
Mlanta
1/
Northern Lehigh Bancorp, I n c . , S l a t i n g t o n , P e n n s y l v a n i a ,
e x t e n s i o n of time t o J a n u a r y 19, 1984, 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 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 C i t i z e n s
N a t i o n a l Bank of S l a t i n g t o n , S l a t i n g t o n , P e n n s y l v a n i a . ] /
Banc One of M a n s f i e l d , M a n s f i e l d , Ohio, e x t e n s i o n of
t i m e t o J a n u a r y 8 , 1984, w i t h i n which t o merge with
The P e o p l e s Bank in Mount G i l e a d , Mount G i l e a d , Ohio. ]_/
K t a r i C i t i z e n s Bancorp, P i q u a , Ohio, e x t e n s i o n of time
t o J a n u a r y ?0, 1984, w i t h i n which t o a c q u i r e Miami
C i t i z e n s National Bank & T r u s t Company, P i q u a , Ohio. ] /
Cumberland Valley F i n a n c i a l C o r p o r a t i o n , London, Kentucky,
e x t e n s i o n of t i m e t o J a n u a r y 10, 1984, w i t h i n which t o
a c q u i r e Cumberland Valley National Bank & Trust Company,
London, Kentucky. _1/
V i r g i n i a National Bank, N o r f o l k , V i r g i n i a , proposed
merger w i t h The Wise County National Bank, Wise,
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 . 1 /
Royal Trust Bank, G u l f p o r t , F l o r i d a , e x t e n s i o n of time
t o October ? 9 , 1983, w i t h i n which t o open i t s
C o u n t r y s i d e O f f i c e . 1/
A p l p i c a t i n 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 .
I
"** . *
- 3 A;
OF
BOARr - Continued
H r g t f ^ n r g ^ a P a r k , A t l a n t a , G e o r g i a , an investment
n hark premises. U
f i r s ? S e c u r i t y B a n k s h a r e s , I n c . , Lavonia, Georgia,
e x t e n s i o n of time t o January 1 , 1984, w i t h i n which
f ? Decode a bank holding company through t h e
a c q u i s i t i o n of Northeast Georgia Bank, Lavonia,
Georgia. ] /
W r i g h t s v u l e Holding Company, W r i g h t s v i l l e , G e o r g i a ,
e y f e r s i o n of time t o December 1 , 1983, w i t h i n which
: o b e f o r e a hank h o l d i n g company through t h e a c q u i s i t i o n
of Exchange Bank of W r i g h t s v i l l e , W r i g h t s v i l l e ,
Georgia* _V
Atlanta
- - t-
i
"n;:aco
%
S o u t h e a s t e r n Banking C o r p o r a t i o n , F o l k s t o n , G e o r g i a ,
e x t e n s i o n of t i m e t o January 2 , 1984, w i t h i n which
t o become a bank h o l d i n g company through a c q u i s i t i o n
of t h e P a r i e n Bank, H a r i e n , G e o r g i a , 2 /
Hardee BarMng C o r p o r a t i o n , Wauchula, F l o r i d a , e x t e n s i o n
of time t o February 15, 1984, w i t h i n which t o become
a hank h o l d i n g company through t h e a c q u i s i t i o n of
F i r s t National Bank of Wauchula, Wauchula, F l o r i d a . 2 /
C i t i z e n s Bank & Trust Company, Park Ridge, I l l i n o i s ,
an investment in bank p r e m i s e s . 2 /
Wyandotte Savings Bank, Wyandotte, Michigan, an investment
in bank p r e m i s e s . 2 /
t'er
Trust and Savings Bank, Ouincy, I l l i n o i s ,
r r o p o s a l t o merge with NTS Bank, Ounicy, I l l i n o i s ;
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
^ competitive f a c t o r s , j /
Helta Bancshares Company, S t . L o u i s , M i s s o u r i , e x t e n s i o n
of time t o January 4 , 1984, t o a c q u i r e t h e Eureka Bank,
Eureka, Missouri. 2 /
S t . Louis
A i r p o r t National Bank, B e t h a l t o , I l l i n o i s , proposal t o
merge with ANB National Bank, B e t h a l t o , I l l i n o i s ;
r e p o r t to 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/
TT A p p l i c a t i o n p r o c e s s e d or; b e h a l f of t h e Board of Governors under
fielpgafed a u t h o r i t y .
H.2, 1983 No. 40
- 4 ACTIONS OF THE BOARD - Continued
S t . Louis
F i r s t National Bank in P i n c k n e y v i l l e , P i n c k n e y v i l l e ,
I l l i n o i s , proposal t o merge with F i r s t Main S t r e e t
National Bank, P i n c k n e y v i l l e , I l l i n o i s ; 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
factors. ] /
S t . Louis
F i r s t National Rank of C r o s s e t t , C r o s s e t t , Arkansas,
proposal t o merge with The Bank of C r o s s e t t ,
National A s s o c i a t i o n , C r o s s e t t , Arkansas; 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
factors. V
S t . Louis
Union P l a n t e r s National Bank of Memphis, Memphis,
T e n n e s s e e , proposal t o merge with Hamilton F i r s t
Bank, N.A., C l i n t o n , Tennessee; t h e National Bank
of Commerce of J a c k s o n , J a c k s o n , Tennessee; and
t h e Bank of E a g l e v i l l e , E a g l e v i l l e , Tennessee;
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 . ]_/
Kansas C i t y
F r o n t i e r A i r l i n e s Federal C r e d i t Union, Denver, Colorado,
t e r m i n a t i o n as a r e g i s t e r e d l e n d e r under R e g u l a t i o n G. ]_/
Kansas City
Community C o r p o r a t i o n , Enid, Oklahoma, e x t e n s i o n of time
t o J a n u a r y 25, 1984, w i t h i n which t o a c q u i r e Community
Bank and T r u s t Company, Enid, Oklahoma. V
Kansas City
E q u i t a b l e Bankshares of Colorado, I n c . , Denver, Colorado,
e x t e n s i o n of t i m e t o December 2 2 , 1983, in which t o
a c q u i r e EquiBank - South, N.A., Arapahoe County,
Colorado. V
Kansas C i t y
Great Western F i n a n c i a l S e r v i c e s , I n c . , Colorado S p r i n g s ,
C o l o r a d o , e x t e n s i o n of time t o December 27, 1983, w i t h i n
which t o a c q u i r e Western National Bank of Colorado
S p r i n g s , Colorado S p r i n g s , C o l o r a d o . _ l /
San
Francisco
Mid Valley Bank, Corning, C a l i f o r n i a , proposed purchase
of a s s e t s and asusmption of l i a b i l i t i e s of t h e Red
B l u f f o f f i c e of North Valley Bank, Redding, C a l i f o r n i a ;
r e p o r t t o t h e Federal D e p o s i t s 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 . V
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 , e x t e n s i o n of t i m e t o October 17, 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 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 Shaw and Marks Avenue
in t h e C i t y and County of F r e s n o , C a l i f o r n i a . V
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 .
I
H.2, 1983 No. 40
- 5 ACTIONS OF THE BOARD - Continued
San
Francisco
T7
P y n d e r / P . I . E . Federal C r e d i t Union, t e r m i n a t i o n as
a r e g i s t e r e d l e n d e r under R e g u l a t i o n 6. 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 a u t h o r i t y .
H.?» 19H3N0. 40
- 6 ACTIONS OF THE BOARD - Continued
To Merge Pursuant t o S e c t i o n 18(c) of
t h e Federal Deposit I n s u r a n c e Act
Approved
C e n t r a l F i d e l i t y Bank, N o r f o l k , V i r g i n i a . To merge
with C e n t r a ] F i d e l i t y Rank, N.A., Richmond,
Virginia. U
Richmond
San
Francisco
Valley Rank and Trust Company, S a l t Lake C i t y , Utah.
To a c q u i r e t h e a s s e t s and assume t h e l i a b i l i t i e s
of t h e Brigham C i t y , Utah, branch of Bank of Utah,
Odgen, Utah. ] /
*
*
*
*
*
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
Approved
S c o t t s d a l e Commercial Bank, S c o t t s d a l e , A r i z o n a . 2 /
<an
Franc i n r.
Kansas C i t y
FirstBank a t Arapahoe/Yosemite, Englewood, Colorado. ] /
Kansas C i t y
C i t i z e n s Bank of G l e n d a l e , G l e n d a l e , C o l o r a d o . 2 /
Kansas City
The Bank of A u ro ra , A urora , C o l o r a d o . 2 /
*
*
*
*
*
Issued I n t e n t Not t o Disapprove Change of Control
Pursuant t o Change in Bank Control Act of 1978
Not Disapproved
N o r k i t t Bancorp, I n c . , H a l l o c k , Minnesota. 2 /
Minneapolis
Greenbvsh B a n c s h a r e s , I n c . , Greenbush, Minnesota. 2 /
Kansa< C n y
V e r f i g r e S t a t e Company, V e r d i g r e , Nebraska. 2 /
Sar
Francisco
C a p i s t r a n o Bancorp, San Juan C a p i s t r a n o , C a l i f o r n i a . 2 /
T?
^ ^ c a t T 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 .
. 7A C T H E
BOARD - Crntinued
Tc [ $ T 1 ; s h a Domestic Branch Pursuant
t ' <rc t H n Q of t h e F e d e r a l Reserve Act
Approved
The P r o v i o r n t Bank, C i n c i n n a t i , Ohio. To e s t a b l i s h
Customer Bank Communication Terminal branches
at t n e f o U o w i n q l o c a t i o n s : 1535 West G a l b r a i t h
Do?", C i n c i n n a t i , Ohio; 2322 Ferguson Road,
C i n c i n n a t i , Ohio; 4500 Montgomery Road, C i n c i n n a t i ,
OMo;
Olenway Avenue, C i n c i n n a t i , Ohio; 528
C i n c i n n a t i , Ohio;
Polly Lane,
Mi 1 f c r r , Ohio. U
{
Clevelar/
Tr^ E a r n e r s and Merchants Bank, F a i r b o r n , Ohio.
To e s t a b l i s h a branch a t 21 West Dorothy Lane,
K e t t e r i n g , Ohio. J /
Pi
r e ^ t r a l F i d e l i t y Bank, N o r f o l k , V i r g i n i a . To e s t a b l i s h
a branch a t S u i t e 100, World Trade C e n t e r , N o r f o l k ,
1'
^
f
~ r s t V i r g i n i a Bank, F a l l s Church, V i r g i n i a . To
e s t a n H s h a customer-bank communication t e r m i n a l
ar t n e SpnTsylvan:a M a l l , S p o t s y l v a n i a County,
V i r g i n i a . 1/
; t u p l e s Banx ano Trust Company, Cedar R a p i d s , Iowa
To e s t a b l i s h an ATM a t t h e Westdale Mall, 2600
locewoofi Poad, S. k . , Cedar R a p i d s , Iowa. ] /
S t a t e Bank and Trust Company, Goodland,
kar~<HS. Tr e s t a b l i s h a d e t a c h e d f a c i l i t y a t 2310
* - T \ r n o n l a n d , Kansas. 1/
«rr ^ " i f ; c a t i n n s f o r I n t e r n a t i o n a l
A / t n n s Pursuant t o S e c t i o n s 25 and 2 5 ( a )
- f t h e f e d e r a l ^e^^rve Af t and S e c t i o n s 4 ( c ) ( 9 ) , * ( c ) ( I 3 ) and 4 ( c ) ( 1 4 )
f?
^ J r m q ^ w p a n y Act of *956, as amended
! r
r
I'
crarTT,
snarf?
frqage
rt
/;;!
*
Approved
- f i ^ P a n c s h a r e s C o r p o r a t i o n , Laredo, Texas:
c o n t e n t 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
W I%( Tracing Company, Laredo, Texas and
(»e nov( i n t h e a c t i v i t y of o p e r a t i n g an
T r a c i n g company.
* i e n * H of t h e Board of Governors under
I
OF THF PHARD - Continued
p
3
pr<,on
M
Hnlmng Company Pursuant t o S e c t i o n
Pank Holding Company Act of 1956
Approved
Fenwic# F i n a n c i a l C o r p o r a t i o n , Old Saybrook,
C o n n e c t i c u t , f o r approval t o a c q u i r e 100 p e r c e n t
L?"
v o t i n g s h a r e s of Old Saybrook Bank and Trust
%.ipany, Old Saybrook, C o n n e c t i c u t , a proposed new
nank. 2 /
Atlanta
F N BanCorp, I n c . , Tullahoma, T e n n e s s e e , 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 American National Bank of Tullahoma, Tullahoma,
T e n n e s s e e . 2^
Atlanta
Huh B a n c s h a r e s , I n c . , L a f a y e t t e , L o u i s i a n a , f o r approval
t o a c q u i r e a t l e a s t 51 p e r c e n t of t h e v o t i n g s h a r e s
of Huh C i t y Bank and Trust Company, L a f a y e t t e ,
Louisiana. ] /
Atlanta
The Merchant B a n c o r p o r a t i o n of F l o r i d a , Brandon,
F l o r i d 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 The Merchant Bank of F l o r i d a ,
Brandon, F l o r i d a , a proposed new b a n k . 2 /
Chicago
C o l e - T a y l o r F i n a n c i a l Group, I n c . , Chicago, I l l i n o i s ,
f o r approval t o a c q u i r e 99 p e r c e n t of t h e v o t i n g
s h a r e s of Main Bank of Chicago, Chicago, I l l i n o i s ;
Drovers Bank of Chicago, Chicago, I I 1 i n o i s ; and
Bank of Yorktown, Lombard, I l l i n o i s and t o a c q u i r e
80 p e r c e n t of Skokie Trust & Savings Bank, S k o k i e ,
IIlinois. 2/
Chicago
Dows B a n c o r p o r a t i o n , Dows, Iowa, f o r approval t o a c q u i r e
a t l e a s t 8 0 . 7 7 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 Dows, Dows, Iowa. 2 /
Chicago
F i r s t Lansing Bancorp, I n c . , L a n s i n 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 F i r s t National Bank of L a n s i n g , Lansing,
IIlinois. 2/
Chicago
FIRST STATE BANCORP OF M0NTICELL0, M o n t i c e l l o , 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 t h e s u c c e s s o r by merger t o F i r s t
S t a t e Bank of M o n t i c e l l o , M o n t i c e l 1 o , I I l i n o i s . 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 a u t h o r i t y .
H.2, 1983 No. 40
- 9 ACTIONS OF THE BOARD - Continued
Chicago
GN Bancorp, I n c . , Chicago, 1 1 1 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 Gladstone-Norwood Trust A Savings Bank, Chicago,
II1 inoi s .
Chicago
P e o p l e s Bancorp, I n c . , P r a i r i e du Chien, Wisconsin,
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 voting
s h a r e s of Peoples S t a t e Bank, P r a i r i e du Chien,
Wisconsin. ] /
Chicago
Peoples F i r s t B a n c s h a r e s , I n c . , Pana, 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 Peoples Bank & Trust
of Pana, Pana, I l l i n o i s . V
Chicago
Union Bancorp of E v a n s v i l l e , I n c . , E v a n s v i l l e , Wisconsin,
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 Union Bank & Trust Company, Evansv i l l e , Wisconsin. ] /
S t . Louis
Commercial Holding Company, I n c . , P a r i s , Tennessee,
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 Commercial
Bank and T r u s t Company, P a r i s , T e n n e s s e e . ] /
S t . Louis
Peoples F i r s t Bancorp of M a d i s o n v i l l e , I n c . , Madisonv i l l e , Kentucky, 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
t h e Peoples Bank and Trust Company, M a d i s o n v i l l e ,
Kentucky. 1 /
S t . Louis
Tel 1 C i t y National Bancorp, Tell C i t y , 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 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 Tel 1 C i t y National
Bank, T e l l C i t y , I n d i a n a . ] /
Minneapolis
Bay Pock B a n c s h a r e s , I n c . , Maiden Rock, Wisconsin,
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 The F i r s t National Bank of Maiden Rock,
Maiden Rock, W i s c o n s i n . ] /
Minneapolis
B e r e s f o r d B a n c o r p o r a t i o n , I n c . , B r i t t o n , South Dakota,
f o r approval t o a c q u i r e a t l e a s t 9 2 . 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 The F i r s t National Bank of
B e r e s f o r d , B e r e s f o r d , South Dakota.
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 a u t h o r i t y .
H.P, 1983 No. 40
-10ACTIONS OF THE BOARD - Continued
Mi n n e a p o l i !
1st United B a n c o r p o r a t i o n , Sidney, Montana, 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 1 s t United Bank of S i d n e y ,
S i d n e y , Montana. 2 /
Kansas City
New Mexico Ranquest I n v e s t o r s C o r p o r a t i o n , Santa Fe,
New Mexico, f o r approval t o a c q u i r e a t l e a s t 50
p e r c e n t of t h e v o t i n g s h a r e s of New Mexico Banquest
C o r p o r a t i o n , Santa Fe, New Mexico, and i n d i r e c t l y
(98.25%) The F i r s t National Bank of Santa Fe,
Santa Fe* New Mexico; (100%) F i r s t S t a t e Bank of
Taos, Taos, New Mexico and (100%) F i d e l i t y National
Bank , £1buquerque, New Mexico.
Pal l a s
Independent Bankers F i n a n c i a l C o r p o r a t i o n , D a l l a s ,
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 Texas Independent Bank,
D a l l a s , Texas. J_/
San
Francisco
Marin National Bancorp, San R a f a e l , 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 F i r s t National Bank of Marin, San R a f a e l ,
C a l i f o r n i a , a proposed new b a n k . ]_/
San
Francisco
Scott scorn Bancorp, I n c . , S c o t t s d a l e , A r i z o 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 S c o t t s d a l e Commercial Bank, S c o t t s d a l e , A r i z o n a ,
a proposed new bank. 2 /
*
*
*
*
*
To Expand a Bank Holding Company Pursuant t o S e c t i o n
3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956
New York
New York
1/
Approved
Horizon Bancorp, Morristown, New J e r s e y , f o r approval
t o r e t a i n 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
Horizon Trust Company, National A s s o c i a t i o n ,
Morri stown, New J e r s e y . J /
North Fork B a n c o r p o r a t i o n , I n c . , M a t t i t u c k , New York,
f o r approval t o a c q u i r e 13.97 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 Bridgehampton National Bank,
Bridgehampton, New York. ] /
A p p l i c a t i o n p r o c e s s e d on behalf of t h e Board of Governors under
delegated a u t h o r i t y .
H.?, : - v N o . 40
- n
-
ACTIONS OF THE BOARD - Continued
Chicago
American National Holding Company, Kalamazoo,
Michigan 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 c o n s o l i d a t i o n
t o C e n t r a l National Bank of S t . J o h n s , S a i n t
J o h n s , Michigan. J /
S t . Louis
F i r s t Arkansas Bankstock C o r p o r a t i o n , L i t t l e Rock,
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 F i r s t C h a r t e r
B a n c h s a r e s , I n c . , S p r i n g d a l e , Arkansas and
i n d i r e c t l y a c q u i r e F i r s t S t a t e Bank, S p r i n g d a l e ,
Arkansas. J /
Kansas City
Banco de Vizcaya, S . A . , B i l b a o , S p a i n , f o r approval to
a c q u i r e a t l e a s t 48 p e r c e n t of t h e v o t i n g s h a r e s
of New Mexico Banquest I n v e s t o r s C o r p o r a t i o n ,
Santa Fe, New Mexico.
Kansas City
C e n t r a l B a n c o r p o r a t i o n , I n c . , Denver, Colorado;
Central Colorado Company, Denver, Colorado; and
C . C . B . , I n c . , Denver, 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
C e n t r a l Bank a t S t a p l e t o n , N.A., Denver, Colorado,
a proposed new b a n k . J_/
Dallas
C h a r t e r 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
C h a r t e r National Bank-Arena, Houston, Texas, a proposed new b a n k . 1/
*
*
*
*
*
7c F'par-! a Bank Holding Company Pursuant t o S e c t i o n
? ( a ) f ; of t h e Bank Holding Company Act of 1956
Minneapolis
Approved
C a n t o l B a n c o r p o r a t i o n , I n c . , P i e r r e , South Dakota,
fr.r approval t o merge with West Dakota C o r p o r a t i o n ,
Lead, South Dakota.
AppTic^tio^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
defected authority.
./,
<r3
J'"
-12ACTIu^ cr -Hp ROAPH - Continued
^
ftlrri-
fxpand ? Hank Holding Conpany Pursuant t o S e c t i o n
o f
the
^ ^ I d i n g Company Act of 195&
Approved
F i r s t National C o r p o r a t i o n , Covington, L o u i s i a n a ,
for
rnvel f-r engage in d a t a p r o c e s s i n g a c t i v i t i e s . 1/
'
Boston
T7
3/
t ^ dc V i z c a j a , S./^., B i l b a o , S p a i n , f o r approval t o
engage i n d i r e c t l y in t h e a c t i v i t i e s of 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 , l o a n s and 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
d i r e c t l e a s e f i n a n c i n g ; t h e p u r c h a s e and s a l e of
i n s t a l m e n t lo an c o n t r a c t s ; and c a s u a l t y 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 or t h e
t ; n v i < ? o r of o t h e r f i n a n c i a l s e r v i c e s .
Permitted
F l e ^ t F i n a n c i a l Group, I n c . , 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 to engage in de novo a c t i v i t i e s
( i n ( i ) the o r i g i n a t i o n of f i r s t and second r e a l
e s t a t e mortgage loans and the p u r c h a s e of r e a l
e s t a t e mortgages f i t ) the o r i g i n a t i o n of consumer
I nans and tne purchase of s a l e s f i n a n c e c o n t r a c t s and
f t ? : l a c t i n g as ayent f o r the s a l e of c r e d i t l i f e
i n s u r a n c e * c r e d i t accident and h e a l t h i n s u r a n c e and
c r e d i t property insurance; t h e c r e d i t l i f e and c r e d i t
a c c i d e r t ard h e a l t h insurance which would be sold
u n d e r w r i t t e n by an a f f i l i a t e , Consumer L i f e
I n s ^ r g f c e Company, I n c . , ; t h e s a l e of p r o p e r t y
connection with the e x t e n s i o n s of c r e d i t
By H e e : F i r a n c e , Inc. i s grandfathered under s e c t i o n
6 , 1 ^ a* l * f ':&rr-$t. Germain D e p o s i t o r y I n s t i t u t i o n s
4 c a t S u i t e MP Pinebrook Complex, 9600 South
Tamiami T r a i l , Fort Myers, F l o r i d a , t h e s e a c t i v i t i e s
would he conducted in the geographic a r e a s u r r o u n d i n g
f o r t Myers, 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 ,
$l*+et f i n a n c e , I n c . ( 1 0 / S / P 3 ) 3/
prntesse^ or
c* the Board of Governors under
d e l e c t e d authority.
4(c
r t t i f i c a t K m ^ c e s s ^ hy Peserve Bank on behalf of the
frmrd o? A)vernorL urtier e e l e l a t e d a u t h o r i t y .
Boston
Star-c C o r r o r a t ^ 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
act i v i t i e s ( i n t h e o r i g i n a t i o n , s a l e and s e r v i c i n g
of s e c ; ^ mortgage l o a n s ; through i t s i n d i r e c t
s u b s i M f r y , American Standard I n s u r a n c e Agency
a c t i n g a s an agent in t h e s a l e 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 , which, p u r s u a n t
t o p r i o r a p p m v a l s h a l l be u n d e r w r i t t e n by an
a H i H a t e c h<*nt h o l d i n g company s u b s i d i a r y , The Motor
l i f t - I n s w r a r i f Company) a t 4903 East Broadway, Tucson,
A r i z o n 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 , UniMortgage
C o r p o r a t i o n of Arizona ( 1 0 / 7 / 8 3 ) 2 /
frw York
C i t i c o r p , 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 the a c t i v i t i e s of an e x s i t i n g o f f i c e t o
include the f o l l o w i n g a c t i v i t i e s ( t h e making or
a c q u i r i n g of loans and other e x t e n s i o n s of c r e d i t ,
secured or unsecured, for consumer and o t h e r p u r p o s e s ; the s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t
and h e a l t h insurance by l i c e n s e d a g e n t s or b r o k e r s ,
as required; and the s e r v i c i n g , f o r any p e r s o n , of
loans ano other e x t e n s i o n s of c r e d i t ; in a d d i t i o n ,
the o f f i c e proposes to broaden i t s previously approved
a c t i v i t i e s of the e x t e n s i o n of loans t o mobile home
d e a l e r s f o r the f i n a n c i n g of inventory [ f l o o r p l a n n i n g ]
and working c a p i t a l purposes and t h e purchasing and
s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s
r e l a t i n g t o mobile homes, t o engage in such a c t i v i t i e s
with regard t o a l l t y p e s of d e a l e r s and a l l types of
consumer i n s t a l l m e n t paper) at 2358 Fairlane Drive,
Building H, S u i t e 175, Montgomery, Alabama, t h r o u g h
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 .
(relaware) ( 1 0 / 6 / 8 3 ) 3/
Mew York
C i t i c o r p , 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 a c t i v i t i e s of an e x i s t i n g o f f i c e t o
i n c l u d e t h e f o l l o w i n g a c t i v i t i e s ( t h e making or
acquiring of loans and other e x t e n s i o n s of c r e d i t ,
secured or unsecured, for consumer and o t h e r p u r p o s e s ; t h e proposed s e r v i c e a r e a w i l l comprise t h e
e n t i r e S t a t e s of Louisiana, M i s s i s s i p p i and Arkansas
f o r the aforementioned proposed a c t i v i t y and a p o r t i o n
of the p r e v i o u s l y approved a c t i v i t i e s of t h e o f f i c e ,
s p e c i f i c a l l y : t h e e x t e n s i o n of l o a n s t o d e a l e r s f o r
the f i n a n c i n g of inventory [ f l o o r p l a n n i n g ] and
working c a p i t a l purposes; the p u r c h a s i n g and s e r v i c i n g
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 d e l e g a t e d a u t h o r i t y .
H.?, 1983 No. 40
- 14 ACTIONS OF THE BOARD - Continued
f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e
s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h
i n s u r a n c e by l i c e n s e d a g e n t s or b r o k e r s , as r e q u i r e d ;
and t h e s e r v i c i n g , f o r any p e r s o n , 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 ) a t 4355 P e r k i n s Road,
Southdowns Shopping C e n t e r , Baton Rouge, L o u i s i a n a ,
t h r o u g h 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 . (Delaware)
( 1 0 / 6 / 8 3 ) 3/
Mew York
C i t i c o r p , 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 two e x i s t i n g 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 ( t h e making
or a c q u i r i n g of 1oans and o t h e r e x t e n s i o n s of c r e d i t ,
secured or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ;
t h e e x t e n s i o n of l o a n s t o d e a l e r s f o r t h e f i n a n c i n g
of i n v e n t o r y [ f l o o r p l a n n i n g ] and working c a p i t a l
p u r p o s e s ; t h e p u r c h a s i n g and s e r v i c i n g f o r i t s own
account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t
r e l a t e d 1 i f e and a c c i d e n t and h e a l t h i n s u r a n c e by
1icensed a g e n t s or b r o k e r s , as r e q u i r e d ; t h e making
of l o a n s t o i n d i v i d u a l s and b u s i n e s s e s 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 * t o g e t h e r with t h e r e a l p r o p e r t y
t o which such housing i s or w i l l be permanently a f f i x e d ,
such p r o p e r t y being used as s e c u r i t y f o r t h e l o a n s ;
and t h e s e r v i c i n g , f o r any p e r s o n , of 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 ) a t 10615 SE Cherry Blossom D r i v e ,
S u i t e ?70, P o r t l a n d , Oregon and 1425 West Pioneer
B o u l e v a r d , S u i t e 110, I r v i n g , Texas, 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 . (Delaware)
( 1 0 / 6 / 8 3 ) 3/
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 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 (consumer
f i n a n c e , s a l e s f i n a n c e , marine f i n a n c e , commercial
f i n a n c e ; s e r v i c i n g such 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 a c t i n g as agent or b r o k e r f o r t h e
s a l e of s i n g l e and j o i n t c r e d i t l i f e i n s u r a n c e and
d e c r e a s i n g o r l e v e l t e r m , in t h e c a s e of s i n g l e
payment l o a n s , 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 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 made or a c q u i r e d by M a n u f a c t u r e r s
Hanover F i n a n c i a l S e r v i c e s of Maryland, I n c . ) a t 410
Severn Avenue, A n n a p o l i s , Maryland, through i t s subs i d i a r y , M a n u f a c t u r e r s Hanover F i n a n c i a l S e r v i c e s of
Maryland, I n c . ( 1 0 / 5 / 8 3 ) 3/
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.P, 1983 No. 40
-15ACTIONS OF THE BOARD - Continued
Cleveland
PNC F i n a n c i a l Corp, P i t t s b u r g h , 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 ( i n making or
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 a c c o u n t , and f o r
t h e a c c o u n t s 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 ) a t 101 E. Beaver Avenue, O f f i c e #6, S t a t e C o l l e g e ,
P e n n s y l v a n i a , t h r o u g h i t s s u b s i d i a r y , The Kissel 1 Company
( 1 0 / 5 / 8 3 ) 3/
Chicago
Walter E. H e l l e r I n t e r n a t i o n a l C o r p o r a t i o n , 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 in 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 i t s account or
f o r t h e account of o t h e r s , loans and o t h e r e x t e n s i o n s
of c r e d i t 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 any p e r s o n ) a t 10 Penn C e n t e r , P h i l a d e l p h i a ,
P e n n s y l v a n i a , s e r v i n g t h e S t a t e of 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 , Abacus Real E s t a t e Finance Co. ( 1 0 / 4 / 8 3 )
Chicago
Walter E. H e l l e r I n t e r n a t i o n a l C o r p o r a t i o n , 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 in
de novo a c t i v i t i e s ( i n r e a l e s t a t e a p p r a i s a l ) a t
3300 North C e n t r a l Avenue, Phoenix, A r i z o n a , t h e
g e o g r a p h i c scope w i l l be t h e S t a t e s of A r i z o n a ,
C a l i f o r n i a , Idaho, Nevada, New Mexico, Oregon and
Washington, through i t s s u b s i d i a r y , Abacus Realty
Appraisers, Inc. (10/7/83) 2 /
Chicago
Walter E. H e l l e r I n t e r n a t i o n a l C o r p o r a t i o n , 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 in
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 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 and s e r v i c i n g loans
and any 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 p e r s o n )
a t 10900 W i l s h i r e Boulevard, Los A n g e l e s , 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 of C a l i f o r n i a , t h r o u g h i t s subs i d i a r i e s , Abacus Real E s t a t e Finance Company and
Abacus Mortgage Investment Company ( 1 0 / 4 / 8 3 )
Kansas City
IntraWest F i n a n c i a l C o r p o r a t i o n , Denver, Colorado,
n o t i f i c a t i o n of i n t e n t t o engage in jde novo a c t i v i t i e s
( a c t i n g as agent f o r t h e s a l e 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 t o borrowers
from member banks of t h e IntraWest System) t o i n c l u d e
t h e o f f i c e s of t h e IntraWest Bank of Aurora, N.A.,
1450 South Havana* A urora , Colorado; IntraWest Bank
of Southwest P l a z a , N.A., 8501 West Bowles, L i t t l e t o n ,
Colorado; and IntraWest Bank of Highlands Ranch, N.A,
330 Plaza D r i v e , Highlands Ranch, C o l o r a d o , t h i s
_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 unoer d e l e g a t e d a u t h o r i t y .
H.?, 1983 No. 40
-16ACTIONS OF THE BOARD - Continued
a c t i v i t y would s e r v e p o r t i o n s of Denver, Adams,
Arapahoe, Douglas and J e f f e r s o n c o u n t i e s of
C o l o r a d o , through i t s s u b s i d i a r y , IntraWest
I n s u r a n c e Agency, I n c . ( 1 0 / 5 / 8 3 ) 3/
Dal l a s
Southwest B a n c s h a r e s , I n c . , Houston, Texas, 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
or a c q u i r i n g , f o r i t s own account or f o r
thv 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 , 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 accordance with t h e B o a r d ' s
R e g u l a t i o n Y) t h e s e a c t i v i t i e s would he performed
in t h e S t a t e of Texas, through i t s s u b s i d i a r y ,
Southwest Bancshares Funding Company ( 1 0 / 7 / 8 3 ) 3/
San
Francisco
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 ,
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 mortgage company a c t i v i t i e s t o t h e
e x t e n t of ( i ) making or a c q u i r i n g r e a l e s t a t e or
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 or f o r t h e
account of o t h e r s ; ( i i ) s e l l i n g or s e r v i c i n g r e a l
e s t a t e o r c o n s t r u c t i o n loans f o r i t s own account
o r f o r t h e account of o t h e r s ; ( i i i ) performing
a p p r a i s a l s of real e s t a t e ; ( i v ) c o n d u c t i n g such
r e l a t e d a c t i v i t i e s as are i n c i d e n t a l t o t h e mortgage
banking b u s i n e s s ; and (v) a c t i n g as i n s u r a n c e agent
or broker, as p e r m i t t e d by s u b s e c t i o n (A) of
S e c t i o n 601 of the Garn-St Germain Depository
I n s t i t u t i o n s Act of 1982, with respect to ( a ) 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 , and
(b) mortgage d i s a b i l i t y and mortgage redemption
insurance 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
or t h e p r o v i s i o n of o t h e r f i n a n c i a l s e r v i c e s by
F i r s t I n t e r s t a t e Bancorp o r i t s s u b s i d i a r i e s ) in
San Antonio, Texas, serving San Antonio and t h e
S t a t e of Texas, through i t s s u b s i d i a r y , F i r s t
I n t e r s t a t e Real Estate S e r v i c e s Company, Inc.
(10/8/83) 3/
San
Francisco
Wei I s Fargo & Company, 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 (making or a c q u i r i n g , f o r i t s own
account or for the 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 ; s e r v i c 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 f o r other p e r s o n s )
in Woodland H i l l s , C a l i f o r n i a and Walnut Creek,
C a l i f o r n i a , s e r v i n g Los Angeles and Ventura and
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 . ? , 19P3 No. 40
- 17 ACTIONS OF THE POARP - Continued
surrounding counties and Northern C a l i f o r n i a ,
r e s p e c t i v e l y , through i t s s u b s i d i a r y , Wei 1s
Fargo Mortgage Company (10/7/R3) 3/
*
*
*
*
*
To I s s u e E l i g i b l e Acceptances up t o POO Percent
of Paid-in C a p i t a l and Surplus
Richmond
T7
*
3/
Maryland National Bank, B a l t i m o r e , Maryland:
approved r e q u e s t t o execute a c c e p t a n c e s up t h e
POO p e r c e n t of c a p i t a l and s u r p l u s . V
Application processed on behalf of the Board of Governors under
delegated authority.
* ( c ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the
Pcard of Governors under delegated a u t h o r i t y .
\
an
- 18-
To Become a Member of t h e Federal Reserve System
Pursuant t o S e c t i o n Q of the Federal Reserve Act
Richmond
F i r s t V i r g i n i a Bank of t h e P e n i n s u l a , Grafton, V i r g i n i a . 2/
Chicago
Fverly S t a t e Bank, E v e r l y , Iowa.
St. louis
PidAmerica Bank and Trust Company of Mascoutah,
Mascoutah, I l l i n o i s .
San
Francisco
fomnercial Bank of Fremont, Fremont, C a l i f o r n i a . 2 /
*
•
*
*
To Merce Pursuant t o S e c t i o n 18(c)
of t h e Federal D e p o s i t Insurance Act
Richmond
F i r s t V i r g i n i a Bank of t h e P e n i n s u l a , Grafton, V i r g i n i a ,
t o assume d e p o s i t l i a b i l i t i e s and a s s e t s of the
Williamsburg o f f i c e of V i r g i n i a National Bank,
Norfolk, Virginia.
Richmond
Central F i d e l i t y Bank, N o r f o l k , V i r g i n i a , t o merge
with Central F i d e l i t y Bank, N . A . , Lynchburg,
V i r g i n i a . ?/
Chicago
Everly S t a t e Bank, E v e r l y , Iowa, t o merge with
P e t e r s o n S t a t e Bank, P e t e r s o n , Iowa. 2 /
Piinmc d
F i r s t V i r g i n i a Bank of t h e P e n i n s u l a , G r a f t o n ,
V i r g i n i a , f o r approval t o assume d e p o s i t l i a b i l i t i e s
at t h e Grafton and Williamsburg o f f i c e s of F i r s t
V i r g i n i a Bank o f Tidewater, N o r f o l k , V i r g i n i a . 2/
?7
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 d e s e r v e Bank may be c o n t a c t e d
as t o the l e n g t h of t h e comment p e r i o d .
i
#
H . f , 1983 No. 40
- 19 APPLICATIONS RECEIVED - Continued
To E s t a b l i s h a Domestic Branch Pursuant
t o Section 9 of the Federal Reserve Act
New York
C e n t r a l Trust Company, Rochester, New York, To
e s t a b l i s h two o f f s i t e e l e c t r o n i c f a c i l i t i e s at
t h e f o l l o w i n g l o c a t i o n s : 9045 S t a t e Road,
Nunda, New York; 1004 Culver Road, R o c h e s t e r ,
New York. 7J
Richmond
Bank of Gassaway, Gassaway, West V i r g i n i a . To
e s t a b l i s h an o f f - p r e m i s e s f a c i l i t y a t S21 River
S t r e e t , Gassaway, West V i r g i n i a . 2J
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 , An a p p l i c a t i o n f o r 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 Seventh S t r e e t
and Garland Avenue, City and County of Los Angeles,
California. 2/
San
Francisco
The C o n t i n e n t a l Bank and T r u s t Company, S a l t Lake
C i t y , Utah. A branch o f f i c e t o be l o c a t e d at 10400
South and 1300 E a s t , Sandy, Salt Lake C i t y , Utah. 2/
* * * * *
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 International
Investments and Other A c t i o n s Pursuant t o S e c t i o n s 25 and 25(a)
of the Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) and 4 ( c ) ( 1 4 )
of t h e Rank Holding Company Act of 1956, as amended
New York
C i t i b a n k Overseas Investment C o r p o r a t i o n , 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 t o
continue to hold, d i r e c t l y o r i n d i r e c t l y , shares
of Banco I n t e r n a c i o n a l de Colombia, 5 . A . , Bogota,
Colombia a f t e r Banco, d i r e c t l y o r i n d i r e c t l y ,
makes an a d d i t i o n a l investment in Compania
Exportadora C i t y e x p o r t , S . A . , Bogota, Colombia.
San
Francisco
S e c u r i t y P a c i f i c Overseas C o r p . , Los Angeles, 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 make an a d d i t i o n a l ,
i n d i r e c t in v es tme nt in S e c u r i t y P a c i f i c A u s t r a l i a
L i m i t e d , Sydney, A u s t r a l i a .
*
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, 1983 No. 40
- 20 APPLICATIONS RECEIVED - Continued
To E s t a b l i s h an Overseas Branch of a Member Bank
P u r s u a n t t o S e c t i o n 25 of t h e Federal Reserve Act
Boston
The F i r s t National Bank of Boston, Boston, Massa
c h u s e t t s : 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
open an i n i t i a l branch in Curacao, N e t h e r l a n d s
Antilles.
*
*
*
*
*
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
Peoples S e c u r i t y Bancorp, I n c . , L o u i s a , Kentucky,
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 Peoples S e c u r i t y Bank of L o u i s a ,
L o u i s a , Kentucky, 2J
Atlanta
NBN C o r p o r a t i o n , Newport, 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 National Bank of Newport, Newport, T e n n e s s e e . 2J
Atlanta
Peoples Bankshares I n c o r p o r a t e d , E a t o n t o n , G e o r g 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 The Peoples Bank, E a t o n t o n , G e o r g i a . 2]
Chicago
Angola B a n c o r p o r a t i o n , I n c . , Angola, I n d i a n a , f o r
approval t o a c q u i r e a t l e a s t 8 0 . 2 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 F i r s t National Bank of Angola,
Angola, I n d i a n a . 2/
Chicago
Farmers and T r a d e r s B a n c o r p o r a t i o n , I n c . , Douds,
Iowa, f o r approval t o a c q u i r e 81 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 Farmers and Traders Savings
Bank, Douds, Iowa. 7J
Chicago
Fox Lake B a n k s h a r e s , I n c . , Fox Lake, Wisconsin, 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 or more
of t h e v o t i n g s h a r e s of S t a t e Bank of Fox Lake,
Fox Lake, W i s c o n s i n . 2/
Chicago
H i l l s B a n c o r p o r a t i o n , H i l l s , Iowa, 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 H i l l s Bank and Trust Company,
H i l l s , Iowa. 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
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, 1983 No. 40
APPLICATIONS RECEIVED - Continued
Chicago
Westmont C o r p o r a t i o n , West Union, Iowa, f o r approval
t o a c q u i r e BO 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 Farmers Savings Bank, West Union, Iowa. 2/
S t . Louis
B. B. B a n c s h a r e s , I n c . , Shell Knob, 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 Table Rock B a n c s h a r e s , I n c . , Shell Knob,
Missouri and i n d i r e c t l y Community Bank of Shell
Knob, S h e l l Knob, M i s s o u r i . 2]
S t . Louis
F i r s t Perry Bancorp, Inc, P i n c k n e y v i 1 1 e , 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
in P i c k n e y v i l l e , P i c k n e y v i 1 1 e , I l l i n o i s . 2/
S t . Louis
Lakeside Bancshares I n c o r p o r a t e d , Hughes, 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 The P l a n t e r s National Bank of
Hughes, Hughes, A r k a n s a s .
S t . Louis
Twin City B a n c s h a r e s , I n c . , North L i t t l e Rock,
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 92.54 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 Twin City Bank, North
L i t t l e Rock, A r k a n s a s . 2]
Minneapolis
ASB Bank Holding Company, P i e r r e , South Dakota, f o r
approval t o a c q u i r e a t l e a s t 8 1 . 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 American S t a t e Bank of P i e r r e ,
P i e r r e , South Dakota. 2]
Minneapoli s
Deerwood B a n c o r p o r a t i o n , I n c . , Deerwood, Minnesota,
f o r approval t o a c q u i r e an a d d i t i o n a l 53.9 p e r c e n t
f o r a t o t a l of 63 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 Deerwood, Deerwood,
Minnesota. 27
Kansas City
The C a r r o l l B a n c o r p . , N o r f o l k , Nebraska, f o r approval
t o a c q u i r e a t l e a s t 9 6 . ? 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, C a r r o l l , Nebraska. 2]
Kansas City
Kansas Bank System, I n c . , Topeka, Kansas, f o r approval
t o a c q u i r e 97 percent of t h e v o t i n g s h a r e s of Kansas
S t a t e Bank of Manhattan, Manhattan, Kansas. 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 the l e n g t h of the comment p e r i o d .
H.P. 1983 No. 40
- 2 ? APPLICATIONS RECEIVED - Continued
Kansas C i t y
Nodaway Valley Bancshares, I n c . , Maryvi11e, M i s s o u r i ,
f o r approval t o acquire a t l e a s t 67 percent of t h e
voting shares of The Nodaway Valley Bank, M a r y v i l l e ,
M i s s o u r i . ?/
Kansas City
Urban Pancshares, I n c . , Kansas C i t y , Missouri, f o r
approval t o acquire at l e a s t 81 percent of the
voting shares of Missouri Bank and Trust Company
of Kansas C i t y , Kansas C i t y , Missouri. ?/
Dal l a s
F i r s t Community Financial Corp., Lufkin, Texas, for
approval t o acquire 100 percent of the voting
shares of Community S t a t e Bank, Lufkin, l e x a s . _2/
San
Francisco
Learner Financial Corporation, Orinda, C a l i f o r n i a ,
f o r approval to acquire 100 percent of the voting
shares of Bank of Contra Costa, Walnut Creek,
C a l i f o r n i a and Scott Valley Bank, Yreka, C a l i f o r n i a . ?/
To Expand a Bank Holding Company Pursuant t o Section
3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956
New York
Key Banks I n c . , Albany, New York, f o r approval to
acquire 100 percent of the voting shares of the
s u c c e s s o r by merger t o Depositors Corporation,
Augusta, Maine and to acquire i n d i r e c t l y D e p o s i t o r s
Trust Company, Augusta, Maine, Depositors Trust
Company of Eastern Maine, Bangor, Maine; Depositors
Trust Company of Aroostock, Fort F a i r f i e l d , Maine;
and Canal Bank and Trust Co., Portland, Maine. 2/
Pic rond
F i r s t Virginia Banks, I n c . , F a l l s Church, V i r g i n i a ,
f o r approval t o acquire 100 percent of the voting
shares of F i r s t Virginia Bank of the Peninsula,
Grafton, V i r g i n i a . 2/
Atlanta
Barnett Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a ,
f o r approval t o acquire up t o 100 percent of the
v o t i n g shares of Florida Coast Banks, I n c . , Pompano
Beach, Florida and i n d i r e c t l y Florida Coast Bank of
Palm Beach County, Boynton Beach, Florida and Florida
Coast Bank of Broward County, Pompano Beach, F l o r i d a .
Application subject t o Community Reinvestment Act. 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 t h e comment p e r i o d .
h . ? , 19R3 No. 4d
- 23 APPLICATION RECEIVED - Continued
Atlanta
SouthTrust Corporation, Birmingham, Alabama, f o r
approval to acquire 75 percent of the voting
shares of Citibanc Group, I n c . , Alexander C i t y ,
Alabama and i n d i r e c t l y s i x banks in Alabama. 7J
S t . l o 3%
TCBankshares, I n c . , North L i t t l e Rock, Arkansas, f o r
approval t o acquire 97.3 percent of t h e voting
shares of CBST Bancshares, I n c . , F l i p p i n ,
Arkansas and i n d i r e c t l y C i t i z e n s Rank and Trust
Company, F l i p p i n , Arkansas. 2J
Minneapolis
f»orthstream Investments, I n c . , Geddes, South Dakota,
f o r approval t o acquire an a d d i t i o n a l 83.4 percent
of the voting shares of Fort P i e r r e National Bank,
Fort P i e r r e , South Paktoa. 7 ]
Mnsas City
Central Rencorporation, I n c . , Denver, Colorado; Central
Colorado Company, Denver, Colorado and C.C.B., I n c . ,
Denver, Colorado, for approval to acquire 100 percent
of the voting shares of Central Bank a t S t a p l e t o n , N.A
Denver, Colorado, a proposed new bank. 7J
< < City
United Missouri Bancshares, I n c . , Kansas City, M i s s o u r i ,
f o r approval to acquire an additional 40.33 percent
of the voting shares of Nodaway Valley Bank, Maryville
Missouri. 71
To Expand a Bank Holding Company Pursuant to Section
? ( a ) f M of the Bank Holding Company Act of 1956
Atlanta
Barnett Banks of Florida, I n c . , J a c k s o n v i l l e ,
F l o r i d a , for approval to merge with Southern Banks
of F l o r i d a , I n c . , High Springs, F l o r i d a , and
i n d i r e c t l y acquire High Springs Banks, High
Springs, Florida. 2J
Application subject t o Community Reinvestment Act. The Community
Af f<nrt. (U f i t e r of the 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 thf lengtn
the comment period.
H.?, 1983 No. 40
- 24 APPLICATIONS RECEIVED - Continued
To Expand a Rank Holding Company Pursuant to Section
4 f c H P ) of the Bank Holding Company Act of 1956
Boston
.
Fleet Financial Group, I n c . , Providence, Rhode
I s l a n d , n o t i f i c a t i o n of intent to engage in
de novo a c t i v i t i e s ( ( i ) o r i g i n a t i o n and s a l e of
r e s i d e n t i a l and commercial mortgage loans and loans
secured by j u n i o r l i e n s on r e s i d e n t i a l real e s t a t e ;
( i i ) s e r v i c i n g of r e s i d e n t i a l and commercial
mortgage l o a n s and loans secured by junior l i e n s
on r e s i d e n t i a l real e s t a t e ) at Writers' Five
Building, 1873 South B e l l a i r e S t r e e t , Denver,
Colorado, t h e s e r v i c e area will be t h e Colorado
counties of : Adams, Arapahoe, Boulder, Clear
Creek, Douglas, Elbert, El Paso, G i l p i n , J e f f e r s o n ,
Larimer, Morgan, Park, T e l l e r , Weld, through i t s
s u b s i d i a r y , Fleet Mortgage Corp. ( 1 0 / 6 / 8 3 )
New York
The Chase Manhattan Corporation, New York, New York,
requests permission to e s t a b l i s h a de novo o f f i c e
engaging in the following a c t i v i t i e s (making or
acquiring f o r i t s own account and f o r t h e
account of o t h e r s , loans and other e x t e n s i o n s
of c r e d i t , both secured and unsecured i n c l u d i n g ,
but not 1imited t o , consumer and business l i n e s
of c r e d i t , instalIment 1oans for personal, household
and business purposes and mortgage loans secured
by real property; s e r v i c 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 ; and acting as insurance agent f o r c r e d i t
l i r e insurance and c r e d i t accident and h e a l t h
insurance d i r e c l t y related t o such lending and
s e r v i c i n g a c t i v i t i e s ) at Pickwick Plaza, Building 3A,
Greenwich, Connecticut, through i t s s u b s i d i a r y , Chase
Manhattan F i n a n c i a l S e r v i c e s , I n c . ( 1 0 / 3 / 8 3 )
New York
C i t i c o r p , New York, New York, requests permission to
expand the s e r v i c e area of an e x i s t i n g o f f i c e s
engaging in the following a c t i v i t i e s (the making
or acquiring of 1oans and other extensions of
c r e d i t , secured or unsecured, for consumer and
other purposes; the purchasing and s e r v i c i n g for
i t s own account of s a l e s finance c o n t r a c t s ; the
extension of loans to d e a l e r s for the financing
of inventory [ f l o o r planning] and working capital
purposes; and the s e r v i c i n g , for any person, of
loans and other extensions nf c r e d i t ) at Braintree
Hi 11 O f f i c e Park, ?5 Braintree Hill Park, Braintree,
Massachusetts, through i t s s u b s i d i a r y , Citicorp
Acceptance Company, I n c . (Delaware) (10/4/83)
APPLICATIONS RECEIVED - Continued
C i t i c o r p , 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
t o i n c l u d e t h e f o l l o w i n g a c t i v i t i e s ( t h e making
or a c q u i r i n g of 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 or u n s e c u r e d , f o r consumer and
o t h e r p u r p o s e s ; t h e e x t e n s i o n of loans t o d e a l e r s
f o r t h e f i n a n c i n g of i n v e n t o r y [ f l o o r p l a n n i n g ]
and working c a p i t a l p u r p o s e s ; t h e p u r c h a s i n g and
s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e
c o n t r a c t s ; t h e s a l e of c r e d i t r e l a t e d l i f e and
a c c i d e n t and h e a l t h i n s u r a n c e by l i c e n s e d a g e n t s
o r b r o k e r s , as r e q u i r e d ; t h e making of l o a n s t o
i n d i v i d u a l s and b u s i n e s s e s 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
h o u s i n g , t o g e t h e r with t h e r e a l p r o p e r t y t o which
such housing i s o r w i l l be permanently a f f i x e d ,
such p r o p e r t y being used as s e c u r i t y f o r l o a n s ;
and t h e s e r v i c i n g , f o r any p e r s o n , of 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 ) a t 800 Dutch Square
B l v d . , Dutch P l a z a , S u i t e 100, Columbia, South
C a r o l i n 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 . ( 1 0 / 4 / 8 3 )
C i t i c o r p , New York, New York, r e q u e s t s permission
t o r e l o c a t e 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 ( t h e making or a c q u i r i n g of
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 or
u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ; t h e
p u r c h a s i n g and s e r v i c i n g f o r i t s own account of
s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t
r e l a t e d l i f e and a c c i d e n t and h e a l t h i n s u r a n c e by
l i c e n s e d a g e n t s or b r o k e r s , as r e q u i r e d ; t h e i s s u i n g
of t h r i f t c e r t i f i c a t e s and t h r i f t passbook c e r t i f i c a t e s ;
t h e e x t e n s i o n of l o a n s t o d e a l e r s f o r t h e f i n a n c i n g
of i n v e n t o r y [ f l o o r p l a n n i n g ] and working c a p i t a l
p u r p o s e s ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l
management c o u r s e s ; t h e s e r v i c i n g , f o r any p e r s o n , of 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 h e 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 t h e account
of o t h e r s , of e x t e n s i o n s of c r e d i t 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
r e a l e s t a t e ; and t h e s a l e of mortgage l i f e and
mortgage d i s a b i l i t y 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 mortgage l o a n s ) from C i n d e r e l l a City
Shopping C e n t e r , 701 W. Hampden Avenue, Englewood,
Colorado t o 7562 South U n i v e r s i t y Boulevard, L i t t l e t o n ,
Colorado, through i t s s u b s i d i a r y , C i t i c o r p Person-toPerson Englewood I n d u s t r i a l Bank ( 1 0 / 4 / 8 3 )
H.2, 1983 No. 40
- 2 6 -
APPLICATIONS RECEIVED - Continued
New York
Key Ranks I n c . , Albany, New York, f o r approval t o
a c q u i r e a t l e a s t 50 p e r c e n t of t h e v o t i n g s h a r e s
of Homeowners Mortgage Company, Nashua, New
Hampshire and 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 e s t o n e F i n a n c i a l C o r p o r a t i o n , Newton
Centre, Massachusetts.
New York
RAMAPO F i n a n c i a l C o r p o r a t i o n , Wayne, New J e r s e y ,
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 r o v i d i n g s e c u r i t y brokerage s e r v i c e s and r e l a t e d
securities credit a c t i v i t i e s ; these a c t i v i t i e s
would i n c l u d e t h e o f f e r i n g of c u s t o d i a l s e r v i c e s ,
i n d i v i d u a l r e t i r e m e n t a c c o u n t s , and cash management
s e r v i c e s ; t h e s e c u r i t y b r o k e r a g e s e r v i c e s would be
l i m i t e d t o buying and s e l l i n g s e c u r i t i e s , s o l e l y
f o r t h e account of customers and would not i n c l u d e
d e a l i n g in u n d e r w r i t i n g or p r o v i d i n g investment
a d v i c e or r e s e a r c h ) a t 64 Boonton Road, Wayne,
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 , RFC Brokerage
Corporation (10/4/83)
Philadelphia
CoreStates Financial Corp., Philadelphia, Pennsylvania,
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 h e o r i g i n a t i o n of FHA, VA and c o n v e n t i o n a l r e s i d e n t i a l
mortgage and second mortgage l o a n s ) a t 3600 Lime S t r e e t ,
R i v e r s i d e , C a l i f o r n i a , through i t s s u b s i d i a r y , Colonial
Mortgage S e r v i c e Company, I n c . ( 1 0 / 5 / 8 3 )
Cleveland
Mellon National C o r p o r a t i o n , P i t t s b u r g h , P e n n s y l v a 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 Northglenn
I n d u s t r i a l Bank, I n c . , N o r t h g l e n n , Colorado.
Atlanta
B a r n e t t Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a ,
f o r approval t o a c q u i r e K0H Management C o r p o r a t i o n ,
Pompano Beach, F l o r i d a ; F l o r i d a Coast C o l l e c t i o n
S e r v i c e s , I n c . , Margate, F l o r i d a ; and M i d l a n t i c /
F l o r i d a Coast H o l d i n g s , I n c . , Edison, F l o r i d a .
Chicago
Dunn S h a r e s , I n c . , Eagle Grove, Iowa, 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
making l e a s e s of p e r s o n a l p r o p e r t y ) t h e geographic
scope i s Greene, Boone, S t o r y , M a r s h a l l , Calhoun,
Webster, Hamilton, H a r d i n , Grundy, P o c a h o n t a s ,
Humboldt, W r i g h t , F r a n k l i n , B u t l e r , Palo A l t o ,
Emmet, K o s s u t h , Hancock, Cerro Cordo, Floyd,
Winnebago, Worth and M i t c h e l l Counties in Iowa
(9/79/83)
H.7. W K 3 N o . 40
-27APPLICATIONS RECEIVED - Continued
S t . Louis
Bradley Bancshares I n c . , Warren, Arkansas, 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 data processing s e r v i c e s ) t h i s a c t i v i t y would
he performed in Bradley, Drew and Lincoln Counties
in the S t a t e of Arkansas, through i t s s u b s i d i a r y ,
Data Processing Service Corporation ( 1 0 / 6 / 8 3 )
St. i
Lakeside Rancshares Incorporated, Hughes, Arkansas,
f o r approval t o engage d i r e c t l y in real e s t a t e
appraising.
f s
Norwest Corporation, Minneapolis, 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
( i n the a c t i v i t i e s of consumer f i n a n c e , s a l e s finance
and commercial f i n a n c e , the 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 and property and c r e d i t r e l a t e d c a s u a l t y insurance r e l a t e d to e x t e n s i o n s
of c r e d i t hy that company [such s a l e of c r e d i t r e l a t e d insurance being a p e r m i s s i b l e a c t i v i t y
under Subparagraph D of T i t l e VI of the Garn-St
Germain Depository I n s t i t u t i o n s Act of 1982] and
the o f f e r i n g f o r s a l e and s e l l i n g of t r a v e l e r s
checks) from 1941 South Eleventh East, Salt Lake
C i t y , Utah, t o 1140 Brickyard Road, S a l t Lake
C i t y , Utah, s e r v i n g Salt Lake C i t y , Utah, and
other nearby communities through i t s s u b s i d i a r y ,
Norwest Financial Utah, Inc. ( 1 0 / 3 / 8 3 )
Tity
Tne Carroll Bancorp., Norfolk, Nebraska, for approval
to acquire Farmers S t a t e Insurance Agency, C a r r o l l ,
Nebraska.
Ha:las
J a c i n t o City Bancshares, I n c . , Houston, Texas,
n o t i f i c a t i o n of i n t e n t to engage in de novo
a c t i v i t i e s ( i n making or acquiring loans and other
e x t e n s i o n s of c r e d i t such as would be made by a
consumer f i n a n c e company in accordance with the
Board's Regulation Y and a p p l i c a b l e p r o v i s i o n s of
the Texas Credit Code) at 10501 Market, Houston,
Texas, the s e r v i c e a r e a w i l l be H a r r i s County,
Texas, through i t s s u b s i d i a r y , Mercury Acceptance
Corporation ( 1 0 / 4 / 8 3 )
San
Francisco
RankAmerica Corporation, San Francisco, C a l i f o r n i a ,
n o t i f i c a t i o n of i n t e n t t o engage in de novo
a c t i v i t i e s ( i n the a c t i v i t i e s of s e c u r i t i e s
brokerage, c o n s i s t i n g p r i n c i p a l l y of buying and
s e l l i n g s e c u r i t i e s s o l e l y upon the order and for
the account of customers, and of extending margin
c r e o i t in conformity with Regulation T) a t 26619
-28APPLKATinNS PFCF1VFD - Continued
Carmel Center P l a c e , Suite 101, Carmel and 24012
Calle De la P l a t a , Laguna H i l l s , both in C a l i f o r n i a ;
One Corporate Center, Hartford and One Landmark
Square, 113 Broad S t r e e t , Stamford, both in
Connecticut and 18? Nassau S t r e e t , S u i t e 200,
Princeton, New J e r s e y , each serving a l l f i f t y
S t a t e s and the D i s t r i c t of Columbia, through i t s
s u b s i d i a r y , Charles Schwab & Co., Inc. ( 1 0 / 7 / 8 3 )
I'ankAmenca Corporation, San Francisco, C a l i f o r n i a ,
n o t i f i c a t i o n of intent t o engage in de novo
a c t i v i t i e s ( i n the a c t i v i t i e s of making loans
an" other e x t e n s i o n s of c r e d i t , s e r v i c i n g loans
and other e x t e n s i o n s of c r e d i t for i t s e l f and
o t h e r s , and providing s e r v i c e s incidental to such
loans and e x t e n s i o n s of c r e d i t such as are made or
provided by a finance company; such a c t i v i t i e s will
i n c l u d e , hut not he limited t o , providing funds and/
or c r e d i t s e r v i c e s in connection with t h e financing
of stock and f l o o r plan inventory of d i s t r i b u t o r s
and d e a l e r s of consumer products; no c r e d i t - r e l a t e d
insurance of any type w i l l be o f f e r e d by MerCredit
Corporation in connection with i t s lending a c t i v i t i e s )
a t 1304 Walnut Hill Lane, S u i t e 300, Irving, Texas,
serving a l l f i f t y S t a t e s and the D i s t r i c t of Columbia,
through i t s s u b s i d i a r y , MerCredit Corporation (a
Pennsylvania Corporation) ( 1 0 / 6 / 8 3 )
Frontier Pancorp, V i s t a , C a l i f o r n i a , n o t i f i c a t i o n of
intent t o engage in de novo a c t i v i t i e s (in s e r v i c i n g
and s e l l i n g loans in the secondary market permitted
by the C a l i f o r n i a Personal Property Brokers' Law)
these a c t i v i t i e s would be conducted in the State of
C a l i f o r n i a , through i t s s u b s i d i a r y , Vista Frontier
Financial S e r v i c e s , Inc. ( 9 / 3 0 / 8 3 )
Security P a c i f i c 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 i n t e n t t o engage in de novo a c t i v i t i e s
( i n mating or acquiring for i t s own account or for
the account of o t h e r s , loans and extensions of c r e d i t ,
includinq making consumer installment personal loans,
purchasing consumer installment s a l e s finance c o n t r a c t s ,
#ratiny loans to small b u s i n e s s e s and other extensions
of c r e d i t such as would be made by a factoring company
o r a consumer f i n a n c e company, and a c t i n g as broker or
agent f o r t h e s a l e of c r e d i t - r e l a t e d l i f e , a c c i d e n t
and h e a l t h insurance, such insurance a c t i v i t i e s being
permitted pursuant t o Section 601(A) and (H) of T i t l e
VI of the Garn-St Permain Act) at 2627 Hylan Boulevard,
Staten I s l a n d , New York, serving the S t a t e of New York,
through i t s s u b s i d i a r i e s , Security P a c i f i c Finance
Cor^. and SrF Credit S e r v i c e s , Inc. ( 1 0 / 5 / 8 3 )
- ?9 IVEP - Continued
S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , 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 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 , loans and
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 making consumer
s n s t a l I m e n t p e r s o n a l 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 s a l e s f i n a n c e c o n t r a c t s , making loans
t o s r a l l b u s i n e s s e s and o t h e r e x t e n s i o n s of c r e d i t
s«ir»- as would be made by a f a c t o r i n g company o r
a consumer f i n a n c e company and a c t i n g as broker
o r agent f o r t h e s a l e of c r e d i t l i f e , 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 p r o p e r t y i n s u r a n c e ,
such i n s u r a n c e a c t i v i t i e s being p e r m i t t e d p u r s u a n t
t o S e c t i o n 601(A) and (D) of T i t l e VI of t h e GarnSt Germain Act) a t 7827 C o l i n a , City of I n d u s t r y ,
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 of C a l i f o r n i a , through
i t s s u b s i d i a r y , S e c u r i t y P a c i f i c Finance Corp.
MO/S/83)
w* * * *
REPORTS RECEIVED
None.
*
*
*
*
*
PETITIONS FOR RULEMAKING
None.
@FedFRASER