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ANNOUNCEMENT
OOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTill
H.2, 1989, No. 35
Actions of the Boa.rd, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending September 2, 1989.
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BANK HOLDING COMPANIES
F.N.B.A. Holding Company, Inc .. North Miami, Florida
-- acquisition of First National Bank of Arvada,
Arvada, Colorado.
Denied, August 28, 1989.
Long-Term Credit Bank of Japan, Limited, Tokyo, Japan
-- to form a joint venture with Miller, Anderson &
Sherrerd, Bala Cynwyd, Pennsylvania, and engage in
investment advisory activities through LTCB-MAS
Investment Management, Inc., Bala Cynwyd,
Pennsylvania.
Approved, August 28, 1989.
Summit Bancorporation, Summit, New Jersey -- to
acquire shares of Central Jersey Bancorp, Freehold,
New Jersey.
Approved, August 28, 1989.
United Counties Bancorporation, Cranford, New Jersey
to acquire shares of Central Jersey Bancorp,
Freehold, New Jersey.
Approved, August 28, 1989.
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Bank.i ng Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; GC - General Counsel; IF - International Finance; OSDM - Office
of Staff Director for Management
BANK BRANCHES, DOMESTIC
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Richmond
Blakeley Bank and Trust Company, Ranson, West
Virginia -- to establish a branch at Somerset
Village, U. S. Route 340 North, Charles Town, West
Virginia.
Approved, August 29, 1989.
Richmond
Central Fidelity Bank, Richmond, Virginia -- to
establish a branch at 13200 Hull Street Road,
Midlothian, Virginia.
Approved, August 30, 1989.
H.2
AUGUST 28, 1989
PAGE 2
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHESP DOMESTIC
New York
Chemical Bank, New York, New York -- to establish a
branch at Arthur Andersen & Company, 1345 Avenue of
the Americas, New York, New York.
Approved, September 1, 1989.
Kansas City
Citizens Bank of Edmond, Edmond, Oklahoma -- to
establish an automated teller machine facility at
300 S. Kelly.
Approved, August 28, 1989.
Chicago
M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin
to establish an offsite electronic facility at 8701
West Watertown Plank Road.
Approved, August 28, 1989.
BANK HOLDING COMPANIES
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Chicago
Banks of Iowa, Inc., Des Moines, Iowa -- to engage de
novo in an equity investment in a community
development corporation through Iowa Business
Development Finance Corporation.
Returned, August 28, 1989.
San Francisco
Business Bancorp, San Jose, California -- to acquire
Provident California Business and Industrial
Development Corporation, San Francisco, California.
Approved, September 1, 1989.
Chicago
Chemical Financial Corporation, Midland, Michigan -to acquire Community Bancorp, Inc., St. Charles,
Michigan, and Community State Bank of St. Charles.
Returned, August 31, 1989.
Chicago
Citizens National Bancorporation, Charles City, Iowa
-- to acquire The First National Bank of Clarion,
Clarion, Iowa.
Approved, September 1, 1989.
Chicago
Commercial Financial Corp., Storm Lake, Iowa -- to
acquire The Commercial Trust & Savings Bank.
Returned, August 28, 1989.
H.2
AUGUST 28, 1989
PAGE 3
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Minneapolis
Community First South Dakota Bankshares, Inc., Fargo,
North Dakota -- to acquire Community First
Minnesota Bankshares, Inc., and engage in data
processing through Community First Service
Corporation.
Approved, August 30, 1989.
Chicago
Erie Bancorp, Inc., Erie, Illinois -- to engage de
novo in lending activities.
Permitted, August 31, 1989.
Kansas City
Farmers Bancshares of Oberlin, Inc., Oberlin, Kansas
-- to acquire The Farmers National Bank of Oberlin .
Approved, August 29, 1989.
Chicago
Fayette Bancorporation, Marion, Iowa -- to acquire
Maynard Savings Bansharescorp, Maynard, Iowa, and
The Maynard Savings Bank.
Approved, August 31, 1989.
Kansas City
First Universal Bancorporation, Inc., Aurora,
Colorado -- to acquire Pioneer Bancorporation,
Inc., Denver, Colorado, and City Center National
Bank, Aurora, Colorado.
Approved, August 30, 1989.
Atlanta
Greene County Bancshares, Inc., Greenville, Tennessee
-- to acquire American Fidelity Bank, Alcoa,
Tennessee.
Approved, August 31, 1989.
Chicago
Hoosier Bancorp, Rushville, Indiana -- to acquire
Hoosier Insurance, Ltd., Grand Turk, Turks & Caicos
Island, British West Indies.
Returned, August 30, 1989.
Boston
Lee National Banc Corp., Lee, Massachusetts -- to
acquire First Natio~al Bank of the Berkshires.
Approved, September 1, 1989.
San Francisco
to engage in
Merchant House, Santa Ana, California
real estate activities through Pacific National
Realty Finance.
Approved, August 28, 1989.
H.2
AUGUST 28, 1989
PAGE 4
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN. BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Secretary
Michigan National Corporation, Farmington Hills,
Michigan -- to acquire voting equity of Bloomfield
Hills Bancorp, Bloomfield Hills, Michigan.
Approved, September 1, 1989.
Dallas
Mineral Wells Bancshares, Inc., Mineral Wells, Texas
-- to acquire First State Bank of Mineral Wells.
Approved, September 1, 1989.
St. Louis
Reelfoot Bancshares, Inc., Union City, Tennessee
to acquire Fulton Bancshares, Inc., Fulton,
Kentucky, and Dixie Bancshares, Inc., Dukedom,
Tennessee, Fulton Bank, and Dukedom Bank.
Approved, August 28, 1989.
BANK MERGERS
Boston
Indian Head Bank and Trust Company, Portsmouth, New
Hampshire -- to merge with Indian Head National
Bank of Keene, Keene; Indian Head Bank North,
Littleton; Indian Head National Bank, Nashua;
Dartmouth National Bank, Hanover; and Fleet Bank of
New Hampshire, Nashua, New Hampshire.
Approved, August 31, 1989.
Chicago
Security Bank and Trust Company, Southgate, Michigan
-- to merge with Trenton Bank and Trust Company.
Approved, August 30, 1989.
BANK PREMISES
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Federal Reserve Bank of St. Louis
Kansas City
Farmers State Bank, Stanberry, Missouri -- investment
in bank premises.
Approved, August 28, 1989.
Minneapolis
Grand Marais State Bank, Grand Marais, Minnesota -investment in bank premises.
Approved, August 31, 1989.
Chicago
Union Bank/ Streator, Streator, Illinois -investment in bank premises.
Approved, August 28, 1989.
H.2
AUGUST 28, 1989
PAGE 5
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
St. Louis
Dixie Portland Flour Mills, Inc., Memphis, Tennessee
-- registration statement.
Withdrawn, September 1, 1989.
BANKS, STATE MEMBER
Staff Director
BS&R
Central Trust Company, Rochester, New York -- to
prepay two subordinated notes.
Approved, August 29, 1989.
Minneapolis
Citizens State Bank, Choteau, Montana -- payment of a
dividend.
Approved, September 1, 1989.
CAPITAL STOCK
Kansas City
NBM Corporation, McAlester, Oklahoma -- redemption of
shares.
Approved, August 28, 1989.
CHANGE IN BANK
- CONTROL
Kansas City
Farmers State Bank, Fort Morgan, Colorado -- change
in bank control.
Permitted, September 1, 1989.
Dallas
Fidelity Resources Company, Dallas, Texas -- change
in bank control.
Permitted, September 1, 1989.
Chicago
Hawkeye Bancorporation, Des Muines, Iowa -- change in
bank control.
Permitted, August 31, 1989.
San Francisco
Idaho State Bank, Glenns Ferry, Idaho -- change in
bank control.
Returned, August 29, 1989.
COMPETITIVE FACTORS REPORTS
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Federal Reserve Bank of St. Louis
Kansas City
Allen County Bank & Trust, Iola, Kansas, proposed
merger with Exchange State Bank, Moline; Citizens
State Bank, Moran; First National Bank, Toronto;
and Citizens National Bank, Eureka, Kansas -report on competitive factors.
Submitted, August 28, 1989.
H.2
AUGUST 28, 1989
PAGE 6
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Atlanta
Bank of New York Trust Company of Florida, N.A.,
Miami, Florida, proposed merger with Irving Trust
Company Florida -- report on competitive factors.
Submitted, August 31, 1989.
New York
Cayuga Savings Bank,
merger with Cayuga
New York -- report
Submitted, September
Atlanta
Citizens Bank, Vienna, Georgia, proposed merger with
MGB Interim, Inc. -- report on competitive factors.
Submitted, August 31, 1989.
Chicago
Community State Bank of St. Charles, St. Charles,
Michigan, proposed merger with The CSB Bank -report on competitive factors.
Submitted, August 31, 1989.
Atlanta
First Community Bank & Trust, Cartersville, Georgia,
proposed merger with Interim First Community, Inc.
-- report on competitive factors.
Submitted, August 31, 1989.
Atlanta
First National Bank of Hollywood, Hollywood, Florida,
proposed merger with First Interim National Bank of
Hollywood, Hollywood~ Florida -- report on
competitive factors.
Submitted, August 31, 1989.
Chicago
First of America Bank - Mount Pleasant, Mount
Pleasant, Michigan; First of America Bank Frankenmuth, Frankenmuth; and First of America Bank
- Oscoda, Oscoda, with First of American Bank Mid Michigan, National Association, Bay City,
Michigan -- report on competitive factors.
Submitted, August 28, 1989.
Chicago
Huron National Bank, Rogers City, Michigan, proposed
merger with Huron Interim Bank, National
Association -- report on competitive factors.
Submitted, August 28, 1989.
Auburn, New York, proposed
Interim Bank of Savings, Cayuga,
on competitive factors.
1, 1989.
H.2
AUGUST 28, 1989
PAGE 7
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
San Francisco
Mid - Cities National Bank, Belleflower, California,
proposed merger with Huntington Na½ional Bank,
Huntington, California -- report on competitive
factors.
Submitted, August 28, 1989.
Cleveland
National Bank and Trust Company of Paris, Paris,
Kentucky, proposed merger with The Fifth Third Bank
of Central Kentucky, National Association -- report
on competitive factors.
Submitted, August 28, 1989.
Atlanta
Ocean State Bank, Neptune Beach, Florida, proposed
merger with Citizens and Southern Interim Bank,
Fort Lauderdale, Florida -- report on competitive
factors.
Submitted, August 31, 1989.
Chicago
Peoples National Bank of Kewanee, Kewanee, Illinois,
proposed merger with Peoples Interim National Bank
of Kewanee -- report on competitive factors.
Submitted, August 30, 1989.
Dallas
Plano National Bank, Plano, Texas, proposed merger
with Promenade National Bank, Richardson, Texas -report on competitive factors.
Submitted, August 31, 1989.
New York
Redwood National Bank, Alexandria Bay, Jefferson, New
York, proposed purchase of the assets and
assumption of the liabilities of the Theresa office
of Norstar Bank of Upstate New York, Albany, New
York -- report on competitive factors.
Submitted, September 1, 1989.
Chicago
Rock County Savings and Trust Company, Janesville,
Wisconsin, proposed merger with The Rock County
National Bank of Janesville -- report on
competitive factors.
Submitted, August 28, 1989.
H.2
AUGUST 28, 1989
PAGE 8
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Secretary
Security Bank of Idaho, N.A., Boise, Idaho, proposed
merger with Twin Falls Bank and Trust Company, Twin
Falls, Idaho -- report on competitive factors.
Submitted, August 28, 1989.
Kansas City
Vail National Bank, Vail, Colorado, proposed
acquisition of assets and assumption of liabilities
of the Avon, Colorado branch of Commercial Federal
Savings and Loan Association, Omaha, Nebraska -report on competitive factors.
Submitted, August 28, 1989.
San Francisco
Washington Trust Bank, Spokane, Washington, proposed
purchase and assumption of six branches of Great
Western Bank, Bellevue, Washington -- report on
competitive factors.
Submitted, August 29, 1989.
Atlanta
Waycross Bank & Trust, Waycross, Georgia, proposed
merger with WB&T Interim Corporation
report on
competitive factors.
Submitted, August 31, 1989.
EXTENSIONS OF TIME
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
New York
Apple Bancorp, Inc., New York -- extension to
September 30, 1989, to acquire Apple Bank For
Savings.
Granted, August 31, 1989.
St. Louis
Campbell Hill Bancshares, Inc., Campbell Hill,
Illinois -- extension to December 28, 1989, to
acquire First State Bank of Campbell Hill .
Granted, August 28, 1989.
Atlanta
City Bancorp, Inc., New Iberia, Louisiana -extension to redeem shares.
Granted, August 28, 1989.
Chicago
Community Bancorp, Inc., St. Charles, Michigan -extension to December 4, 1989, to acquire Community
State Bank of St. Charles.
Granted, August 31, 1989.
H.2
AUGUST 28, 1989
PAGE 9
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
EXTENSIONS OF TIME
Richmond
1st Carolina Bancshares, Ltd., Charleston, South
Carolina -- extension to November 28, 1989, to
acquire 1st Carolina Bank, N.A.
Granted, August 28, 1989.
Philadelphia
Fulton Bancshares Corporation, McConnellsburg,
Pennsylvania -- extension to December 6, 1989, to
acquire Fulton County National Bank and Trust
Company.
Granted, August 29, 1 ~89.
San Francisco
Security Pacific Corporation, Los Angeles, California
-- extension to divest certain property.
Granted, August 28, 1989.
INTERNATIONAL OPERATIONS
Staff Director
BS&R
Citicorp, New York, New York -- to make an additional
investment in Citicorp Finance, Ireland, Dublin,
Ireland.
Permitted, August 30, 1989.
Philadelphia
First Commercial Bank of Philadelphia, Philadelphia,
Pennsylvania -- to become a member of the Federal
Reserve System.
Approved, September 1, 1989.
San Francisco
Humboldt Bank, Eureka, California -- to become a
member of the Federal Reserve System.
Approved, September 1, 1989.
Boston
Indian Head Bank and Trust Company, Portsmouth, New
Hampshire -- to become a member of the Federal
Reserve System.
Approved, August 31, 1989.
MEMBERSHIP
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Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
H.2
AUGUST 28, 1989
PAGE 10
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
RESERVE BANK OPERATIONS
GC
Federal Reserve Bank of New York -- to act as fiscal
agent for proposed issue of bonds for the African
Development Bank.
Approved, August 29, 1989.
GC
Federal Reserve Bank of New York -- to act as fiscal
agent for proposed issue of bonds by the
Inter-American Development Bank.
Approved, August 30, 1989.
Director, FRBO
Federal Reserve Bank of New York -- to purchase
office automation equipment and a private branch
exchange expansion.
Approved, August 31, 1989.
Director, FRBO
Federal Reserve Bank of San Francisco -- to purchase
a mail/ call processing system for the Los Angeles
Branch.
Approved, September 1, 1989.
ADDITIONS AND CORRECTIONS
H.2
AUGUST 23, 1989
PAGE 11
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Secretary
Equimark Corporation, Pittsburgh, Pennsylvania, and
EquiManagement, Inc. -- to acquire National
Bancshares Corporation of Texas, San Antonio,
Texas, and to control NBC through a management
agreement.
Approved, August 23, 1989.
Atlanta
Hibernia Corporation, New Orleans, Louisiana -- ~o
acquire Hibernia National Bank in Texas,
Pflugerville, Texas.
Approved, August 24, 1989.
GC
LTL Acquisition Corporation, San Antonio, Texas -- to
acquire National Bancshares Corporation of Texas,
and twelve subsidiary banks of National Bancshares
of Texas; and for Equimark Corporation, Pittsburgh,
Pennsylvania, and EquiManagement, Inc. to acquire
LTL Acquisition Corporation.
Approved, August 23, 1989.
CAPITAL STOCK
San Francisco
Brighton Bancorp, Salt Lake City, Utah -- redemption
of shares.
Approved, August 18, 1989.
COMPETITIVE FACTORS REPORTS
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Chicago
Comerica Bank - Detroit, Detroit, Michigan, proposed
merger with Dearborn Bank and Trust Company,
Dearborn, Michigan -- report on competitive
factors.
Submitted, August 18, 1989.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
H.2
AUGDST 28, 1989
PAGE 12
ADDITIO~S AND CORRECTIONS
TO
SEPTEMBER 1, 1989
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Chicago
Me rchants National Bank & Trust Company ,
Indianapolis, Indiana, proposed assumption of
certain military banking facility assets and
liabilities of American Express Bank, Ltd., New
York, New York -- report on competitive factors.
Submitted, August 11, 1989 .
INTERNATIONAL OPERATIONS
San Francisco
Bank of America National Trust & Savings Association,
San Francisco, California -- to establish a de novo
finance company in Milan, Italy.
Permitted, August 24, 1989.
FEDERAL RESERVE BANK OF BOS'IDN APPLICATIONS
SECTION I - APPLICATIONS S ~ 'ID
NEWSPAPER NorICE ONLY
Comrrent Pericx:1 Ending Date
Application
Fleet Bank-NH, Nashua, New
Newspaper
Harrpshire - application for
membership in the Federal
Reserve Syst.Em by Fleet
Bank-NH, Nashua, New Hampshire,
the successor to Indian Head
Bank & Trust Canpany, Nashua,
New Harrpshire
8-24-89
SECTION II - APPLICATIONS SUBJECI' TO BOI'H
NEWSPAPER AND FEDERAL REGISTER N<JrICE
Comrent Pericx:1 Ending Date
Application
NONE
SECTICN III - APPLICATIONS SUBJEX:T 'ID
FEDERAL REGISTER NOTICE ONLY
Cament Pericx:1 Ending Date
Application
NONE
Subject to CRA
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Federal Reserve Bank of New York
Comment Pericrl
Ending Date
SECTION I
Applications SUbject to Newspaper
Notice Only
Olemical Bank, New York, New York to establish a
branch at N. W. Ayer, Incorporated, 825 Eighth
Avenue, New York, New York.1/
9/28/89
United Jersey Bank/Commercial Trust, Jersey City,
New Jersey to merge with United Jersey Bank,
Hackensack, New Jersey.]j
9/25/89
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
United Bank Corporation of New York, IX>wnsville,
New York to acquire 'Ihe First National Bank of Lisbon,
Lisbon, New York.1/
9/23/89 ]/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.
SECTION IV
Applications Not Involving
Public Comment
None.
1/ Subject to provisions of Cormnunity Reinvestment Act.
~/ later of dates specified in newspaper and Federal Register notices.
]/ Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
N/A - Not Available
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL
RESERVE BANK OF
PHIIADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
10/2/89
Meridian Bank, Reading, PA to establish an 1/
an offsite electronic facility to be locatedat the Acme Markets, Tilghman Square,
Tilghman St. & Hausman Rd., Allentown, PA.
SECTlON II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
Guaranty Bancshares Corporation, Shamokin, PA 1/
to acquire 80% of voting shares of Guaranty Bank
of Princeton (a de novo bank in formation),
Princeton, NJ pursuant to Section 3(a)(3) of
the Bank Holding Company Act.
Newspaper:
Federal Register:
9/28/89
N/A*
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None.
1/ Subject to provisions of Community Reinvestment Act.
*N/A - not yet available.
Ten Independence Mall, Philadelphia, PA 19106- 1574, (215) 574-6000
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Applications Bulletin
For Week Ending September 2, 1989
SECTION I - APPLICATIONS SU&,1ECT
TO
NEWSPAPER
NarICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTI-I
NB\TSPAPF.R AND FEDERAL REGISTER NOTICE
APPLICATION
CCM1ENT PERIOD ENDING
Received Secticn 3(a) (1) application on
August 30, 1989 from Intercounty Bancshares,
Inc., Employee Stock Ownership Plan,
Wilmington, Ohio, of its intent to acquire
twenty-five percent of the voting shares of
Intercounty Bancshares, Inc., Wilmington, Ohio.
Received Notice of Change in Bank Control on
August 30, 1989 from Dan B. Kyle, Richwood,
Ohio, of his intent to retain up to 15.000
percent of the outstanding shares of Richwood
Bancshares, Inc., Richwood, Ohio.
* Not Yet Known#
Not Yet Known#
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NITTICE ONLY
* - -SUbject to CPA
# - Expected to end approximately 30 days from the date of receipt
N - Newspaper Corrment Period
https://fraser.stlouisfed.org
Federal Reserve Bank
Louis
F -of St.
Federal
Register Corrrrent Pericx:1
Applications Bulletin
For Week Ending September 2, 1989
SECTION IV - APPLICATIONS Nar SUBJECT 'ID FEDERAL RF.GISTER NITTICE
OR NEWSPAPER NOTICE
Received request on August 29, 1989 from
The Ohio Bank and Savings Canpany, Findlay,
Ohio, for permission to exceed its limit of
investment in bank premises permitted under
Section 24A of the Federal Reserve Act.
Received notice on August 30, 1989 fran
Richwood Bancshares, Inc. , Richwcod, Ohio,
of its intent to redeem up to 22,380 shares
of its corrmon stock outstanding.
* - Subject to CRA
# - Expected to end approximately 30 days from the date of receipt
N - Newspaper Corrment Period
F - Federal Register Corrment Period
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Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Comment Period Ending Date
Application
None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period Ending Date
Application
Bank ~laryland Corp., Towson, Maryland,
for prior approval to acquire 100% of
the voting shares of Universal Bank of
Maryland, Lanham-Seabrook, Maryland.*
Mr. Dan R. Moore and Mr. James H. Harless,
Notice of Change in Control with respect
to Matewan Bancshares, Inc., Matewan, West
Virginia.
9-29-89
Not Yet Available
Section III - Applications Subject to Federal Register Notice
Application
Comment Period Ending Date
None
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None
*Application is subject to CRA.
August 28, 1989
Federal Reserve Bank of Atlanta
Applications Bulletin
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Conment Period Ending Date
The Citizens and Southern Corporation
Atlanta, Georgia
Along with Citizens and Southern Florida Corporation, Fort Lauderdale,
Florida, to acquire The Ocean State Bank, Neptune Beach, Florida.
The First National Bank.shares of Henry County, Inc.
Stockbridge, Georgia
1-BHC formation, The First National Bank of Henry County, Stockbridge,
Georgia (in organization) .
Deposit Guaranty Corp.
09-14-89
Jackson, Mississippi
Federal Register & Newspaper
To acquire Ccrnrrercial National Corporation, Shreveport, Iouisiana.
Section III - Applications Subject 'lb Federal Register
Notice Only
Application
Comnent Period Ending Date
Gold Coast Bancshares, Inc.
Hypoluxo, Florida
To establish Gold Coast Financial Services, Inc., Hypoluxo, Florida, and
engage de novo in mortgage banking and mortgage brokerage activities,
pursuant to section 225.25(b) (1) (iii) of Regulation Y.
Pranier Bancorp, Inc.
Baton Rouge, Iouisiana
09-01-89
'lb establish Florida Street National Bank, Baton Rouge, Louisiana, a
limited purpose de novo bank, and engage de novo in servicing loans and
operating collection agency, pursuant to sections 225.25(b) (1) and
225.25(b) (23) of Regulation Y.
Section IV - Applications Not Subject To Federal Register Notice
or Newspaper Notice
Application
Citizens Bancorporation, Inc.
Marianna, Florida
To redeem 27,764 shares (28.6 ,p ercent) of the outstanding shares of camron
stock.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date
~
Application
Branch
N
NBD Genesee Bank
Flint, Michigan
NW Corners. Saginaw & Territorial Streets
Grand Blanc, Michigan*
-
9-12-89
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Y-2
Y-1
Y-2
Y-2
Premier Bancorp, Inc.
Farmer City, Illinois
FM Bancorp, Inc.
Paxton, Illinois
Melvin State Bank
Melvin, Illinois*
Great River Banshares Corporation
Burlington, Iowa
Burlington Bank and Trust
Burlington, Iowa*
American National Corporation
Chicago, Illinois
Citizens Holding Corporation
Genoa City, Wisconsin
Citizens State Bank
Genoa City, Wisconsin*
First Chicago Corporation
Chicago, Illinois
Citizens Holding Corporation
Genoa City, Wisconsin
Citizens State Bank
Genoa City, Wisconsin*
Comment Period
Ending Date
FR
N
9-8-89
9-11-89
FR - **
9-18-89
N
FR
N
FR
N
**
**
**
**
Y-1
Yale Bancorporation
Yale, Iowa
Farmers State Bank
Yale, Iowa*
FR - **
N - 9-22-89
CoC-HC
Decatur Financial, Inc.
Decatur, Indiana
Paul E. Strickler
FR - **
N - **
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register Notice
Only
Comment Period
Ending Oat~
~
Application
Y-4
Salin Bancshares of North Central
FR Indiana, Inc.
Indianapolis, Indiana
Skyline Village, An Indiana Limited Partnership
Corunna, Indiana
**
Section IV - Applications Not Subject to Federal Register Notice
Or Newspaper Notice
Application
ROS
Greatbanc, Inc.
Itasca, Illinois
To redeem 46,250 shares of preferred stock
- Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time
N
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Federal Reserve Bank of St. Louis
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Change in control notification
involving First City Bancshares,
Inc., Springfield, Missouri, by
Earl K. Nau
(Not available)
Change in control notification
involving Du Quoin Bancorp, Inc.,
Du Quoin, Illinois, by Dominic P.
and Ninfa Riggio as a result of a
stock redemption
(Not available)
*Section 3(a)(l) application by
First Bank Corp, Fort Smith,
Arkansas, to acquire First
National Bank of Fort Smith,
Fort Smith, Arkansas
(Newspaper 9-28-89)
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None.
* This application is subject to CRA.
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date
Application
The Northwestern Bank
Chippewa Falls, WI
To establish a branch at 110
North Washington Street, Thorp,
WI*
Not yet available
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period
Ending Date
Fortune 44 Company
Boulder, CO
To acquire Newberry Bancorp, Inc.
Newberry, MI which owns the Newberry State Bank, Newberry, MI*
9-18-89
(Federal Register)
Plainview Bankshares, Inc.
Plainview, MN
To acquire the First National Bank
Plainview, MN*
9-22-89
(Federal Register)
PSB Financial Services, Inc.
Prinsburg, MN
To acquire Prinsburg State Bank
Prinsburg, MN*
9-22-89
(Federal Register)
Norwest Corporation
Minneapolis, MN
To merge with First Bellevue Bancshares, Co., Bellevue, NE, which
owns The First National Bank of
Bellevue, Bellevue, NE
9-22-89
(Federal Register)
* Subject to CRA
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice (Continued)
Comment Period
Ending Date
Application
David A. Erickson
To increase ownership from
10% to 11.1% of Linton Bancshares,
Inc., Bismarck, North Dakota
Dennis Zaun, Robert Bauman, Douglas
Bauman, James Bauman, & Paul Strandberg
To acquire control of 100% of Kerkhoven
Bancshares, Inc., Kerkhoven, MN
9-27-89
(Federal Register)
Not yet available
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date
Application
Draper Holding Company
Draper, SD
To engage in insurance agency activities
through the acquisition of Dave Moore
Insurance Agency, Vivian, SD. The activity
will be conducted in Presho and Draper, SD
9-15-89
Plainview Bankshares, Inc.
Plainview, MN
To engage in agricultural lending through
the retention o f the assets of Southeast
Minnesota Ag Credit Co., Plainview, MN.
9-22-89
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Linton Bancshares, Inc.
Bismarck, ND
To redeem 9.98% of its voting
shares.
Kerkhoven Bancshares, Inc.
Kerkhoven, MN
To redeem 57% of its voting
shares.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Federal Reserve Bank of Kansas City
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
COMMENT PERIOD ENDING DATE
APPLICATION
None.
SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
COMMENT PERIOD ENDING DATE
Appleton City Bancshares, Inc.,
Appleton City, Missouri, for prior
approval to become a bank holding
company through the acquisition of
80 percent of the voting shares of
Citizens Bank of Appleton City,
Appleton City, Missouri.*
Not Available
The Cedar Vale Bank Holding
Company, Wellington, Kansas, for
prior approval to become a bank
holding company through the
acquisition of 90.5 percent of the
voting shares of The Bank of
Commerce & Trust Company,
Wellington, Kansas.*
Not Available
Mountain West Banking Corporation,
Denver, Colorado, for prior
approval to acquire 100 percent of
the voting shares of Citywide Bank
of Thornton, Thornton, Colorado,
and NBR Financial, Inc., Boulder,
Colorado, parent of National Bank
of the Rockies in Boulder, Boulder,
Colorado, and National Bank of the
Rockies in Denver, Denver,
Colorado.*
Not Available
Centennial Fund III, L.P., for
prior approval to acquire a 15.73
percent ownership interest in
Mountain West Banking Corporation,
Denver, Colorado.
Not Available
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Federal Reserve Bank of Kansas City
SECTION I I I - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Curtis Bancorporation, Inc.,
Curtis, Nebraska, for prior
approval to redeem 73.75 shares of
its own voting common stock.
Leedey Bancorporation, Inc.,
Leedey, Oklahoma, for prior
approval to redeem 12,945 shares of
its own voting common stock.
*Application is subject to CRA.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF AUGUST 28, 1989
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Charles R. Wiggins, Liberty, TX, and Hillery G.
Wiggins, Liberty, TX, to acquire an interest in
First Liberty National Bancshares, Inc., Liberty, TX
Change in Control Notice by
James M. Tate, Abilene, TX, and Harold L. Smith,
Abilene, TX, to acquire an interest in
Security Shares, Inc., Abilene, TX
Change in Control Notice by
A. R. Dillard, Jr., Wichita Falls, TX, to acquire an
interest in United Texas Financial Corporation,
Wichita Falls, TX
** NOTICE EXP
89/08/30
89/09/01
N/A
*Section 3(a)(l) application by
The Plains Corporation, Wilmington, DE, to acquire
The Plains Corporation, Lubbock, TX, and Plains National
Bank of Lubbock, Lubbock, TX
89/08/24
*Section 3{a)(l) application by
Lemens Banking Investments, Ltd., Austin, TX, to acquire
First Bank &Trust Co. of Bartlett, Bartlett, TX, and
Eagle Bank, Jarrell, TX
89/09/30
*Section 3(a)(l) application by
Tomball National Bancshares, Inc., Tomball, TX, to acquire
Tomball National Bank, Tomball, TX
89/09/21
*Section 3(a)(l) application by
Tomball Capital Corporation, Wilmington, DE, to acquire
Tomball National Bank, Tomball, TX
89/09/21
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 9/1/89
Section I - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
Civic Bank of Commerce, Oakland, California,
to merge with Meridian National Bank,
Concord, California
Newspaper:
9/27/89
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Bay Commercial Services Employee Stock
Ownership Plan, San Leandro, California, to
increase its ownership from 9.26 percent to
11.87 percent of Bay Commercial Services,
San Leandro, California
....
John F. Piercey, Lynn Haldemann, Scott Browning
Gay Browning and Diane Browning to acquire
100 percent of Cottonwood Bancorporation,
Salt Lake City, Utah
Valley Capital Corporation, Las Vegas, Nevada,
to acquire the successor by merger to First
Business Bank of Arizona, Phoenix, Arizona
Far West Bancorporation, Provo, Utah,
to become a Bank Holding Company through
the acquisition of 100 percent of
Far West Bank, Provo, Utah
Home Credit Corporation, Salt Lake City,
Utah, to become a Bank Holding Company
through the acquisition of 100 percent
of Home Credit Bank (in organization),
Salt Lake City, Utah
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Fed. Reg.: -9/05/89
Newspaper:
Not yet
published.
Fed. Reg.:
g/27/89
Newspaper:
9/18/89
Fed. Reg.:
Not Available
Newspaper:
9/23/89
Fed. Reg.:
9/22/89
Newspaper:
Not Available
Fed. Reg.:
Not Available
Newspaper:
10/01/89
Page Two . . .
Section III - Applications Subject to Federal Register Notice Only
None
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
* Subject to CRA.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
@FedFRASER