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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H*~2r 1990, No. 38 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending September 22, 1990 ACTIONS TAKEN BY THE BOARD OF GOVERNORS IESIIHQNY AMS STATEMENTS State of the economy and the appropriate course for policy in the current situation — statement by Chairman Greenspan before the Joint Economic Committee, September 19, 1990. Published, September 19, 1990. BANK HOLDING COMPANIES Citicorp, New York, New York — request for stay of BoardTs order requiring Citicorp to cease expanded insurance activities through Family Guardian Life Insurance Company, Phoenix, Arizona, under a newly enacted Delaware statute. Denied, September 20, 1990. Dai - Ichi Kangyo Bank, Limited, Tokyo, Japan, and Manufacturers Hanover Corporation, New York, New York — to engage de novo in leasing activities through The CIT Group Holdings, Inc. Permitted, September 17, 1990. First Liberty Financial Corp., Atlanta, Georgia — proposal for section 23A exemption for subsidiary saving associations. Granted, September 20, 1990. J.P. Morgan Securities, Inc., New York, New York — determination that J.P. Morgan & Co. Incorporated, and JPMS have complied with BoardTs order of January 18, 1989, and that JPMS may commence underwriting and dealing in equity securities, in accordance with conditions of that order. Granted, September 20, 1990. SouthTrust Corporation, Birmingham, Alabama — to acquire Liberty Savings Bank of South Georgia, F.S.B., Valdosta, Georgia. Approved, September 20, 1990. FORMS Community Reinvestment Act Questionnaire (FR 1282) — extension. Approved, September 18, 1990. H.2 . SEPTEMBER 17, 1990 PAGE 2 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES» DOMESTIC New York Adirondack Trust Company, Saratoga Springs, New York — to establish a branch at the intersection of Route 9 and Northern Pines Hoad, Wilton, New York. Approved, September 21, 1990. Chicago Bankers Trust Company, Des Moines, Iowa — to establish an offsite electronic facility at the Farm Bureau, 5400 University Avenue, West Des Moines, Iowa. Approved, September 17, 1990. Chicago Comerica Bank - Detroit, Detroit, Michigan — to establish a branch at 201 S. Washington, Oxford, Michigan. Approved, September 18, 1990. Chicago Grayling State Bank, Grayling, Michigan — to establish a branch at 1684 Old 27th South, Graylord, Michigan. Approved, September 19, 1990. New York Growth Bank, Basking Ridge, New Jersey — to establish a branch at 221 Madison Avenue, Convent Station, New Jersey. Approved, September 19, 1990. Cleveland Provident Bank, Cincinnati, Ohio, to establish a customer - bank communication terminal at 12191 Mosteller Road and 5311 Madison Road. Approved, September 19, 1990. BANK HOLDING COMPANIES Minneapolis Bank of Montana System, Great Falls, Montana — to acquire Toole County State Bank, Shelby, Montana. Approved, September 18, 1990. Dallas Central Community Corporation, Wilmington, Delaware — to acquire First State Bank, Temple, Texas. Approved, September 18, 1990. H.2 SEPTEMBER 17, 1990 PAGE 3 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Commerce Bancshares, Inc., Kansas City, Missouri — to acquire Commerce Bank of Platte County, N.A., Kansas City, Missouri. Approved, September 19, 1990. Minneapolis Community First North Dakota Bankshares, Inc., Fargo, North Dakota — to engage de novo in operating a savings association through acquisition of Dickinson Interim Savings, F.S.B., Dickinson, North Dakota. Permitted, September 20, 1990. Staff Director BS&R Community First North Dakota Bankshares, Inc., Fargo, North Dakota — proposal that Community First National Bank & Trust Company of Dickinson, Dickinson, North Dakota, purchase the assets and assume the liabilities of Dickinson Interim Savings F.S.B., which was formed to acquire certain assets and assume deposit liabilities of the Dickinson branch of Midwest Federal Savings Bank of Minot, Minot, North Dakota. Approved, September 21, 1990. Richmond Community National Bancorporation of South Carolina, Inc., Columbia, South Carolina — to acquire Community National Bank of South Carolina. Approved, September 20, 1990. S t . Louis Decatur Bancshares Inc., Decatur, Arkansas — acquire Decatur State Bank. Approved, September 21, 1990. to Minneapolis Fessenden Bancshares, Inc., Fessenden, North Dakota — to engage de novo in operating a savings association, through acquisition of Harvey Savings Bank, F.S.B., Harvey, North Dakota, and Cass County Savings Bank, F.S.B., Fargo, North Dakota. Permitted, September 20, 1990. H.2 SEPTEMBER 17, 1990 PAGE 4 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Staff Director BS&R Fessenden Bancshares, Inc., Fessenden, North Dakota — proposal that The First National Bank, purchase the assets and assume the liabilities of Cass County Savings Bank, F.S.B., Fargo, North Dakota, and Harvey Savings Bank, F.S.B., which was formed to acquire certain assets and assume deposit liabilities of a Fargo branch of Midwest Federal Savings Bank of Minot, Minot, North Dakota and the Harvey branch of Midwest. Approved, September 21, 1990. Dallas First Canadian Bancorp, Inc., Canadian, Texas — to acquire Lipscomb Bancshares, Inc., Higgins, Texas, and First National Bank in Higgins. Approved, September 20, 1990. Secretary First Chicago Corporation, Chicago, Illinois — to acquire First Chicago Federal Interim Savings Bank, which was formed to acquire certain assets and assume certain liabilities of Great American Federal Savings & Loan Association, Oak Park, Illinois. Approved, September 20, 1990. Staff Director BS&R First Chicago Corporation, Chicago, Illinois — proposal that The First National Bank of Chicago purchase the assets and assume the liabilities of First Chicago Federal Interim Savings Bank, which was formed to acquire certain assets and assume deposit liabilities of Great American Federal Savings & Loan Association, Oak Park, Illinois. Approved, September 21, 1990. Staff Director BS&R First Citizens Bancshares, Inc., Raleigh, North Carolina — proposal that First Citizens Bank purchase the assets and assume the liabilities of FCB Federal Savings Bank, Charlotte, North Carolina, which was formed to acquire certain assets and assume deposit liabilities of North Carolina Savings and Loan Association, F.A., Charlotte, North Carolina. Approved, September 21, 1990. H.2 SEPTEMBER 17, 1990 PAGE 5 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Richmond First Citizens BancShares, Inc., Raleigh, North Carolina — to establish FCB Federal Savings Bank, Charlotte, North Carolina, the successor to North Carolina Savings and Loan, F.A. Approved, September 21, 1990. Richmond First Citizens BancShares, Inc., Raleigh, North Carolina — to establish FCBS Federal Savings Bank, Monroe, North Carolina, the successor to Heritage Federal Savings and Loan Association. Approved, September 21, 1990. San Francisco First Security Corporation, Salt Lake City, Utah — to acquire First Security Interim Savings Bank. Withdrawn, September 22, 1990. Chicago Fort Wayne National Corporation, Fort Wayne, Indiana — to acquire Trustcorp Bank, Huntington, N.A., Huntington, Indiana. Returned, September 18, 1990. Minneapolis Jackson Bancorporation, Jackson, Minnesota — to acquire Fairmont Bancorporation, Fairmont, Minnesota, and Bank Midwest, Minnesota Iowa, N.A., Jackson, Minnesota. Approved, September 19, 1990. Richmond Mercantile Bankshares Corporation, Baltimore, Maryland — to acquire The Farmers & Merchants Bank - Eastern Shore, Onley, Virginia. Approved, September 19, 1990. Minneapolis Northeast Bancorp, Inc., Summit, South Dakota — acquire Peoples State Bank. Approved, September 18, 1990. Minneapolis Ramsey Financial Corp., Devils Lake, North Dakota — to engage de novo in operating a savings association through the acquisition of Heritage Federal Savings Bank of Cando, Cando, North Dakota. Permitted, September 20, 1990. to H.2 SEPTEMBER 17, 1990 PAGE 6 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Richmond Rising Sun Bancorp, Rising Sun, Maryland — acquire The National Bank of Rising Sun. Approved, September 19, 1990. to Minneapolis Rolla Holding Company, Inc., Rolla, North Dakota — to engage de novo in operating a savings association through acquisition of Rolla Savings Bank, F.S.B. Permitted, September 20, 1990. Staff Director BS&R Rolla Holding Company, Inc., Rolla, North Dakota — proposal that First State Bank Rolla purchase the assets and assume the liabilities of Rolla Savings Bank, which was formed to acquire certain assets and assume deposit liabilities of the Rolla branch of Midwest. Federal Savings Bank of Minot, Minot, North Dakota. Approved, September 21, 1990. Kansas City Sand Springs Bancshares, Inc., Tulsa, Oklahoma — acquire Bank of Oklahoma. Approved, September 19, 1990. Atlanta Screven Bancshares, Inc., Sylvania, Georgia — acquire Farmers and Merchants Bank. Approved, September 18, 1990. Secretary Security Pacific Corporation, Los Angeles, California — to acquire Mercury Federal Interim Savings Association, which was formed to acquire certain assets and assume certain liabilities of Mercury Federal Savings and Loan Association, Huntington Beach, California. Approved, September 20, 1990. Staff Director BS&R Security Pacific Corporation, Los Angeles, California " proposal that Security Pacific National Bank purchase the assets and assume the liabilities of Mercury Federal Interim Savings Association, and that Mercury Interim acquire certain assets and assume deposit liabilities of Mercury Federal Savings and Loan Association, Huntington Beach, California. Approved, September 21, 1990. to to H.2 SEPTEMBER 17, 1990 PAGE 7 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES S t . Louis Southwest Bancshares, Inc., Trumann, Arkansas — to acquire First National Bank of Poinsett County. Approved* September 21, 1990. Minneapolis Valley Bancshares, Inc., Grand Forks, North Dakota — to engage de novo in operating a savings association through acquisition of New Hillsboro Savings, F.S.B. Permitted, September 20, 1990. Staff Director BS&R Valley Bancshares, Inc., Grand Forks, North Dakota — proposal that Valley Bank and Trust Company merge with New Hillsboro Savings, f.s.b., which was formed to acquire certain assets and assume deposit liabilities of the Hillsboro branch of Midwest Federal Savings Bank of Minot, Minot, North Dakota. Approved, September 21, 1990. Minneapolis Watford City Bancshares, Inc., Watford City, North Dakota — to engage de novo in operating a savings association through acquisition of Williston Savings Bank, F.S.B., Williston; Minot Savings Bank, F.S.B., Minot; Ward County Savings Bank, F.S.B.; and Killdeer Savings Bank, F.S.B., Killdeer, North Dakota. Permitted, September 20, 1990. Staff Director BS&R Watford City Bancshares, Inc., Watford City, North Dakota — proposal that The First International Bank purchase the assets and assume the liabilities of Williston Savings Bank, F.S.B., Williston; Minot Savings Bank, F.S.B., Minot; Ward County Savings Bank, F.S.B.; and Killdeer Savings Bank, F.S.B., Killdeer; which were formed to acquire certain assets and assume deposit liabilities of the Williston, Minot, West Minot, and Killdeer branches of Midwest Federal Savings Bank of Minot, Minot, North Dakota. Approved, September 21, 1990. H.2 SEPTEMBER 17, 1990 PAGE 8 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Westbank Financial Corporation, Naperville, Illinois — to engage de novo in accounting, auditing, lending, and courier services for its subsidiary banks. Returned, September 21, 1990. BANK MERGERS Minneapolis Valley Bank and Trust Company, Grand Forks, North Dakota — to purchase the assets and assume the liabilities of New Grand Forks State Bank. Approved, September 20, 1990. BANK PREMISES New York Adirondack Trust Company, Saratoga Springs, New York — investment in bank premises. Approved, September 21, 1990. Staff Director BS&R Ellington Bank of Commerce, Houston, Texas — investment in bank premises. Approved, September 20, 1990. Chicago Exchange Bank, Warren, Indiana — premises. Approved, September 21, 1990. Philadelphia Orrstown Bank, Orrstown, Pennsylvania — in bank premises. Approved, September 19, 1990. investment in bank investment BANKS. STATE MEMBER Staff Director BS&R First Sterling Bank, Devon, Pennsylvania — of debenture to First Sterling Bancorp. Approved, September 21, 1990. S t . Louis State Bank of Breese, Breese, Illinois — a dividend. Approved, September 18, 1990. issuance payment of H.2 SEPTEMBER 17, 1990 PAGE 9 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Kansas City First Ogallala Investment, Inc, Ogallala, Nebraska — redemption of shares. Approved, September 19, 1990. CHANGE IN BANK CONTROL Kansas City Colonial Bancorp, Denver, Colorado — control. Permitted, September 21, 1990. change in bank Minneapolis Eden Valley Bancshares, Inc., Eden Valley, Minnesota — change in bank control. Permitted, September 20, 1990. Kansas City Evergreen Bancorporation, Evergreen, Colorado — change in bank control. Permitted, September 21, 1990. COMPETITIVE FACTORS REPORTS Philadelphia Continental Bank of New Jersey, Gloucester Township, New Jersey, proposed purchase of certain assets and assumption of certain deposit liabilities of the Collingswood Branch of Crestmont Federal Savings and Loan Association, located at 864 Haddon Avenue, Collingswood, New Jersey — report on competitive factors. Submitted, September 19, 1990. Cleveland First National Bank of Blanchester, Blanchester, Ohio, proposed merger with The FNB National Bank of Blanchester — report on competitive factors. Submitted, September 20, 1990. Dallas First National Bank of Kermit, Kermit, Texas, proposed merger with Western National Bank, Odessa, Texas — report on competitive factors. Submitted, September 17, 1990. Secretary First Security Bank of Utah, N.A., Ogden, Utah, proposed merger with the Utah division of Pacific First Bank, F.S.B., Seattle, Washington — report on competitive factors. Submitted, September 19, 1990. H.2 SEPTEMBER 17, 1990 PAGE 10 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Minneapolis Hammond State Bank, Hammond, Wisconsin, proposed merger with The First National Bank of Hudson, Hudson, Wisconsin — report on competitive factors. Submitted, September 19, 1990. Richmond Home Savings and Loan Association, Inc., Durham, North Carolina, proposed merger with Newco, an interim savings and loan association — report on competitive factors. Submitted, September 20, 1990. Chicago Liberty State Bank & Trust, Troy, Troy, Michigan, proposed merger with Macomb Warren Bank, M t . Clemens, Michigan — report on competitive factors. Submitted, September 17, 1990. New York Merchants National Bank and Trust Company of Syracuse, Syracuse, New York, proposed acquisition of certain assets and assumption of the deposit liabilities of the 201 Fayette Street, Manlius, New York, and Seneca Avenue, Canastota, New York, Branch of Seneca Federal Savings & Loan Association, Baldwinsville, New York — report on competitive factors. Submitted, September 21, 1990. Kansas City Nebraska State Bank, Cozad, Nebraska, proposed merger with Cozad Interim Federal Savings Bank — report on competitive factors. Submitted, September 18, 1990. Minneapolis Norwest Bank Minnesota Mesabi, National Association, Virginia, Minnesota, proposed purchase of the assets and assumption of the liabilities of the Duluth Branch of Norwest Bank Minnesota, National Association, Minneapolis, Minnesota — report on competitive factors. Submitted, September 20, 1990. H.2 SEPTEMBER 17, 1990 PAGE 11 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Atlanta Palm Beach Federal Savings Bank, Palm Beach Gardens, Florida, proposed purchase of certain assets and deposits held in the Boynton Beach, Florida, office of Palm Beach Savings & Loan, F.S.A., West Palm Beach, Florida — report on competitive factors. Submitted, September 18, 1990. S t . Louis Peoples Bank & Trust Company, Tupelo, Mississippi, proposed purchase of certain assets and assumption of the liability to pay deposits made in the Corinth, Mississippi Branch of Eastover Bank For Savings, Jackson, Mississippi — report on competitive factors. Submitted, September 20, 1990. Boston South Shore Bank, Quincy, Massachusetts, proposed acquisition of certain assets and assumption of the liability to pay certain deposits in the 790 Chief Justice Cushing Highway, Cohasset, Massachusetts branch of The Co - operative Bank of Concord, Concord, Massachusetts — report on competitive factors. Submitted, September 18, 1990. Philadelphia Summit Hill Trust Company, Summit Hill, Pennsylvania, proposed merger with Peoples First National Bank & Trust Company, Hazleton, Pennsylvania — report on competitive factors. Submitted, September 19, 1990. New York Union State Bank, Nanuet, New York, proposed acquisition of certain assets and assumption of certain liabilities of the Pearl River Branch of Inter - County Savings Bank, New Paltz, New York — report on competitive factors. Submitted, September 21, 1990. Minneapolis United Bank of Bismarck, Bismarck, North Dakota, proposed merger with Security State Bank, Beulah, North Dakota — report on competitive factors. Submitted, September 19, 1990. H.2 SEPTEMBER 17, 1990 PAGE 12 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Philadelphia United Jersey / Central, National Association, West Windsor Township, New Jersey, proposed merger with United Jersey / Midstate, Hazlet, New Jersey, and United Jersey / First Colonia, Colonia, New Jersey — report on competitive factors. Submitted, September 21, 1990. San Francisco U.S. Bancorp, Portland, Oregon, proposed acquisition of HeartFed Financial Corporation, Auburn, California, and Heart Federal Savings and Loan Association — report on competitive factors. Submitted, September 22, 1990. EXTENSIONS OF TIME New York Banca Commerciale Italiana S.P.A., Milan, Italy — extension to November 21, 1990, to engage in certain securities related activities through BCI Capital Corporation. Granted, September 19, 1990. Richmond Blue Ridge Bank, Floyd, Virginia — extension to March 26, 1991, to establish a branch at 105 Old Hubbard Street, Blacksburg, Virginia. Granted, September 21, 1990. Atlanta Century National Corporation, Clearwater, Florida — extension to December 28, 1990, to acquire Security National Bank. Granted, September 20, 1990. Philadelphia FB&T Corp., Hanover, Pennsylvania — extension to December 22, 1990, to acquire Monumental Savings Bank, Baltimore, Maryland. Granted, September 21, 1990. Philadelphia Meridian Bank, Reading, Pennsylvania — extension to March 21, 1990, to establish a branch at the Buckingham Green Shopping Center, Buckingham, Pennsylvania. Granted, September 20, 1990. H .2 SEPTEMBER 17, 1990 PAGE 13 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME Secretary Northeast Bancorp, Inc., Stamford, Connecticut — extension to file a request for reconsideration of the BoardTs denial of the application of The Bank of New York Company, Inc., New York, New York, to acquire Northeast Bancorp. Denied, September 17, 1990. Richmond Northern Neck State Bank, Warsaw, Virginia — extension to November 3, 1990, to acquire the Tappahannock, Virginia, branch of Perpetual Savings Bank, F.S.B., McLean, Virginia. Granted, September 18, 1990. Richmond Peoples Bank of Danville, Danville, Virginia — extension to March 26, 1991, to establish a branch at the intersection of Bragg Road and Landale Lane, Fredericksburg, Virginia. Granted, September 21, 1990. Atlanta Sovran Bank / Central South, Nashville, Tennessee — extension to December 28, 1990, to merge with Sovran Bank / Greenville, Greenville, Tennessee, and Sovran Bank / Tri - Cities, Johnson City, Tennessee. Granted, September 20, 1990. San Francisco U.S. Bancorp, Portland, Oregon — extension to December 27, 1990, to engage nationwide in reinsurance activities. Granted, September 18, 1990. INTERNATIONAL OPERATIONS Staff Director BS&R Morgan Guaranty International Bank, Miami, Florida — amendment of articles of association to change location of its home office from Miami, Florida, to Wilmington, Delaware. Approved, September 21, 1990. H .2 SEPTEMBER 17, 1990 PAGE 14 TO SEPTEMBER 22, 1990 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Atlanta — processing equipment. Approved, September 18, 1990. to purchase check FED ERA L R E SE R V E BANK OF BOSTON A P P L IC A T IO N S S E C T I O N I ~ A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R N O T I C E ONL Y Application C o m m e n t P e riod E n d i n g Date NONE S E C T I O N II - A P P L I C A T I O N S SU B J E C T TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Co m m e n t P e riod E n d i n g Date NONE SE C T I O N III - A P P L I C A T I O N S S U B J E C T TO F E D E R A L R E G I S T E R N O T I C E O NLY Application C omment Peri o d E n ding Date NONE S ECTION IV - A P P L I C A T I O N S NOT SU B J E C T TO F E D E R A L R E G I S T E R OR N E W S P A P E R NO T I C E Application NONE ♦Sub j e c t to CRA Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only_________ Trustco Bank, Schenectady, New York to establish a branch in the Wilton Mall and a branch in the parking lot of the Wilton Mall, 3065 Route 50, Saratoga Springs, New York.l/ 10/14/90 SECTION II Applications Subject to Both Newspaper and Federal Register Notice Eurocapital, S.A. and Banco Europeo de Finanzas, S.A., both of Madrid, Spain to become bank holding companies with respect to First Community Trust Company, San Juan (Hato Rey), Puerto Rico.1/ 10/15/90 3/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) The Long Term Credit Bank, Limited, Tokyo, Japan to engage de novo through its subsidiary, Greenwich Capital Markets, Inc., Greenwich, Connecticut, in providing advice regarding the structuring of and arranging for, loan syndication, interest rate swaps and caps and similar transactions, providing advice in connection with financing transactions, providing valuation services, and providing merger and acquisition advice and fairness opinions to nonaffiliated financial and nonfinancial institutions, and conducting feasibility studies for corporations. N/A The Long Term Credit Bank of Japan, Limited, Tokyo, Japan, to engage through its subsidiary, Greenwich Capital Markets, Inc., Greenwich, Connecticut, in underwriting and dealing in foreign sovereign debt obligations issued by the governments or central banks of member countries of the Organization for Economic Cooperation and Development, underwriting and dealing in mortgage-related securities, private placement and riskless principal activities, securities brokerage activities, and in trading foreign exchange forward, futures, options and options on futures transactions for purposes other than hedging. N/A Credit Lyonnais, Paris, France to acquire at least a 51% general partnership interest in International Advisors & Co., New York, New York and thereby to provide corporate finance advisory and ancillary services to institutional customers, perform feasibility studies and valuation services for institutional customers, and render fairness opinions in connection with corporate transactions. N/A Hie Fuji Bank, Limited, Tokyo, Japan to engage de novo through its subsidiary, Fuji Securities Inc., Chicago, Illinois in investment advisory activities. 10/9/90 SECTION IV Applications Not Involving ______ Public Comment______ KeyCorp and Key Bancshares of New York, Inc., both of Albany, New York to acquire through their subsidiary, Key Trust Company of Florida N.A., Orlando, Florida, certain assets of the trust department of American Pioneer Federal Savings Bank, Orlando, Florida. 1/ 2/ 3/ 4/ Subject to provisions of Community 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 Date specified in Federal Register notice; a later date may be specified in the newspaper notice. FEDERA L R E S E R V E BANK OF P H ILA D ELPH IA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date None. 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. F ed eral R eserv e Bank o f C le v e la n d Applications Bulletin For Week Ending September 22, 1990 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION C O M M E N T P E R I O D ENDING R e c e i v e d a p p l i c a t i o n on A u g u s t 27, 1990 from The Fif t h T h i r d Bank, Columbus, Ohio, for p e r m i s s i o n to e s t a b l i s h a b r a n c h at 250 W i l s o n Road, Columbus, Ohio. * S e p t e m b e r 30, 1990 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE R e c e i v e d Se c t i o n 3 ( a ) (1) a p p lication on * N - O c t o b e r 14, 1990 S e p t e m b e r 18, 1990 from Summit Bancorp, Akron, Ohio, to a cquire Summit Bank, Akron, Ohio. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY R e c e i v e d S e c t i o n 4(c)(8) appl i c a t i o n on S e p t e m b e r 13, 1990 from Provident Bancorp, Inc., Cincinnati, Ohio, to acquire S u b u r b a n Federal Sa v i n g s and Loan A s s o c i a t i o n of Covington, Covington, Kentucky. O c t o b e r 11, 1990 R e c e i v e d S e c t i o n 4(c)(8) appl i c a t i o n on S e p t e m b e r 13, 1990 from Banc One Corporation, Columbus, Ohio, to engage de novo in priv a t e p l a c e m e n t and re l a t e d a dvisory activities and r iskless p r i n c i p a l activities. O c t o b e r 15, 1990 * # N F - S u b j e c t to CRA E x p e c t e d to end ap p r o x i m a t e l y 30 days from the d a t e of receipt N e w s p a p e r Co m m e n t Period Federal R e g i s t e r Comment Period Applications Bulletin For W e e k E n d i n g Septe m b e r 22, 1990 S E C T I O N IV - A P P L I C A T I O N S NOT SUBJECT TO F E D E R A L R E G I S T E R NOTICE OR NEWSPAPER NOTICE NONE * * # N F - S u bject to CRA E x p e c t e d to end ap p r o x i m a t e l y 30 days from the date of receipt N e w s p a p e r C omment Period Federal R e g i s t e r Comment Period F e d e r a l R e s e r v e Bank o f Richm ond 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 Application Anderson Brothers Bancshares, Inc., Mullins, South Carolina, to become a bank holding company through the acquisition of Anderson Brothers Bank, Mullins, South Carolina. Comment Period Ending Date Not yet available. Alfred Lerner; The Maybaco Company, Baltimore, Maryland; and The Progressive Corporation (Ohio), Mayfield Heights, Ohio, Notice of Change in Control with respect to MNC Financial, Inc., Baltimore, Maryland.* 9-25-90 NCNB Corporation, Charlotte, North Carolina, to acquire two branches of American Savings and Loan Association of Florida, Miami, Florida, through an interim thrift institution.* 10-1-90 Michael M. Vlahos, Notice of Change in Control with respect to Community Bank & Trust Company of Virginia, Sterling, Virginia.* 10-2-90 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date None . *Expiration of comment period specified in the Federal Register. Section IV.- Applications Not Subject to Federal.Register-Notice or Newspaper Notice Application None. Federal Reserve Bank of Atlanta Appli c a t i o n s Bulletin for Week Ending Septe m b e r 21. 1990 Section II - Applications Subject To Both Newspaper and Federal Register No t i c e Appl i c a t i o n Comment Period E n d i n g Date Southwest Florida Banks, Incorporated Murdock, Florida 1-BHC formation, Southwest Florida Bank, National Association, Murdock, Florida (in o r g a n i z a t i o n ) . C&S/Sovran Corporation Atlanta, Georgia To acquire First Interim Bank of Brunswick, Brunswick, Georgia. First Interim Bank of Brunswick will be the successor by conversion to First Federal Savings Bank of Brunswick, Brunswick, Georgia. First Interim Bank will be the surviving entity of a p h a n t o m merg e r transaction and will operate un d e r the name The Citizens and Southern Bank of Glynn County, Brunswick, Georgia. 10-16-90 Federal R e g i s t e r A u t o motive Financial Services, Inc. Kenner, Louisiana 1-BHC formation, Merchants Trust & Savings Bank, Kenner, Louisiana. Section III - A p p lications Subject To Federal R e g i s t e r Notice Only Applic a t i o n Bartow Bancshares, Inc. Cartersville, Georgia Applicant proposes to engage de novo in the following activities through New South Finance, Inc., Cartersville, Georgia: (1) making, acquiring, and servicing loans or other extensions of credit for its account and for the account of others, pursuant to section 225.25(b)(1) of Regulation Y; and (2) insurance agency and underwriting activities, pursuant to section 2 2 5 . 2 5 ( b ) (8)(ii) of Regulation Y. Section III - Applications Subject To Federal Register Notice Only Ap p l i c a t i o n C&S/Sovran Corporation Atlanta, Georgia Request for a limited exemption from the t i e - i n prohibitions of Section 106 of the Bank Holding Company Act Amendments of 1970. 09-21-90 TSB Bancorp, Inc. Woodland, Georgia To enga g e de novo in loan marketing services th r o u g h Georgia Home Lending Corporation, Peachtree City, Georgia, pursuant to section 225.25(b)(1) of Regulation Y. Federal Reserve Bank of Chicago Type Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application Merger State Bank of Croswell Croswell, Michigan Port Huron Branch of First Federal Savings Bank £ Trust Port Huron, Michigan* N - 10-6-90 Membershp Royal American Bank N - * Inverness, Illinois To become a member in the Federal Reserve System* Merger Bank of Lakeview Lakeview, Michigan Morley Branch of Independent Bank-West Michigan, Rockford, Michigan* N EFT Bankers Trust Company Des Moines, Iowa Mr. Bill's, 204 SW 1st Grimes, Iowa* N - ** Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application CoC-HC Citizens Banking Corporation Flint, Michigan Centra, Inc. Warren, Michigan FR - ** N - ** Y-2 Westbank Financial Corporation Naperville, Illinois First National Bank of Wheaton Wheaton, Illinois* FR - 9-5-90 N - 10-1-90 Y-l North Milwaukee Bancshares, Inc. Milwaukee, Wisconsin North Milwaukee State Bank Milwaukee, Wisconsin* FR - 9-10-90 H - 10-8-90 Y-2 Fidelity Company Dyersville, Iowa Clarence Bancshares, Inc. Clarence, Iowa Clarence State Bank Clarence, Iowa* FR - 9-13-90 N - 10-5-90 Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-l Garwin Bancorporation Garwin, Iowa Farmers Savings Bank Garwin, Iowa* FR - 9-13-90 N - 10-14-90 Y—1 First Marengo Financial Corporation Marengo, Illinois First National Bank of Marengo Marengo, Illinois* FR - 10-9-90 N - 7-2-90 Y-2 Valley Bancorporation Appleton, Wisconsin Independent Community Bancshares, Inc* Riel, Wisconsin The Citizens State Bank Riel, Wisconsin* CoC-HC Northern States Financial Corporation Waukegan, Illinois Fred Abdula FR - 10-1-90 N - ** FR - 9-27-90 N - 7-30-90 Y-l FR - 10-6-90 Bancs of Chicago Bancorp, Inc* Winnetka, Illinois N - 9-28-90 GEMA Financial Corporation Winnetka, Illinois Bank of Chicago-Little Village Chicago, Illinois Tsvaiter Financial Corporation Winnetka, Illinois Bank of Chicago-Garfield Ridge Chicago, Illinois Dritter Financial Corporation Winnetka, Illinois Bank of Chicago-Lakeshore Chicago, Illinois Ershter Financial Corporation (in formation) Winnetka, Illinois* CoC-HC Dritter Financial Corporation FR - 9-27-90 Winnetka, Illinois N - ** Gary R* Edidin Trustee Edidin Stock Trust; Gary R. Edidin & Stanley H* Meadows Trustee Gary Edidin Family Trust Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Pate Type Application Y-l Ershter Financial Corporation Winnetka, Illinois Bank of Chicago-Little Village Chicago, I1linois* Y-2 GEMA Financial Corporation FR - 10-6-90 Winnetka, Illinois N - 9-28-90 Ershter Financial Corporation (in formation) Winnetka, Illinois Bank of Chicago-Little Village Chicago, Illinois Tsvaiter Financial Corporation Winnetka, Illinois Bank of Chicago-Garfield Ridge Chicago, Illinois Dritter Financial Corporation Winnetka, Illinois Bank of Chicago-Lakeshore Chicago, 111inois * CoC-HC First State Bancorp of Monticello, Inc* Monticello, Illinois First State Bancorp of Monticello, Inc* Employee Stock Ownership Plan 6 Trust Monticello, Illinois CoC-HC Loof Investment Co* FR - 10-2-90 Grand Junction, Iowa N - 9-14-90 Douglas R* Van Dyke; Marvin D* Walters; Margaret Jean Walters; Sam F* Scheidler; Willard J* Latham; Donald E. Latham; Thomas P. Latham; Robert J* Latham and Jack Jenkins FR - 10-6-90 N - 9-28-90 FR - 10-2-90 N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date Type Application Y-2 Firstar Corporation Milwaukee, Wisconsin Banks of Iowa, Inc. Des Moines, Iowa United Bank & Trust Ames, Iowa First National Bank Burlington, Iowa Cedar Falls Trust & Savings Bank Cedar Falls, Iowa The Merchants National Bank of Cedar Rapids Cedar Rapids, Iowa Council Bluffs Savings Bank Council Bluffs, Iowa First Bank, National Association Davenport, Iowa Valley National Bank Des Moines, Iowa Central Trust and Savings Bank Eldridge, Iowa Henry County Savings Bank Mount Pleasant, Iowa Union Bank and Trust Company Ottumwa, Iowa Montgomery County National Bank of Red Oaks Red Oaks, Iowa First National Bank of Sioux City Sioux City, Iowa* FR - 10-9-90 N - ** Y-l Royal American Corporation Inverness, Illinois Royal American Bank (in organization) Inverness, 111inois* FR - ** N - ** Y-2 INB Financial Corporation Indianapolis, Indiana F L & T Financial Corporation Columbia City, Indiana The Farmers Loan and Trust Company Columbia City, Indiana* FR - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Reoiste Notice Qnlx Comment Period Ending Date Type Application Y-4 Caisse Nationale de Credit Agricole S.A. Paris, France Locasuez America, Inc. New York, New York FR - 10-9-90 Y-4 Firstar Corporation Milwaukee, Wisconsin Banks of Iowa Capital Corporation Des Moines, Iowa FR - 10-9-90 Y-4 Firstar Corporation Milwaukee, Wisconsin Banks of Iowa Computer Services, Inc. Cedar Rapids, Iowa FR - 10-9-90 Y-4 Firstar Corporation Milwaukee, Wisconsin Banks of Iowa Credit Corporation Des Moines, Iowa FR - 10-9-90 Y-4 Northern Trust Corporation Chicago, Illinois Fiduciary Services, Inc. Houston, Texas, thru Heritage Merger Company, Houston, Texas FR - 9-24-90 4(c)(8) First Chicago Corporation Chicago, Illinois Brinson Trust Company Chicago, Illinois FR - ** 4(c)(8) Peotone Bancorp, Inc. Peotone, Illinois General insurance activity in town with population of less than 5,000 FR - ** 4(c)(8) Rock River Bancorporation Oregon, Illinois General insurance activity in town with population of less than 5,000 FR - ** Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application RoS Clarence Bancshares, Inc. Clarence, Iowa To redeem 14,039 shares RoS Stillman Bancorp, Inc. Stillman Valley, Illinois To purchase 43,120 shares of common stock N FR * ** — _ Newspaper Federal Register Subject to Provisions of Community Reinvestment Act Not available at this time September 21, 1990 Federal Reserve Bank of St. Louis SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application End of Comment Period Change in control notification involving First Bancorp of Vienna, Vienna, Illinois by Wayne O'Keefe (Not available) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Section 4(c)(8) notification by Martinsburg Bancorp, Inc., Martinsburg, Missouri, to engage de novo in insurance agency activities through Ben Sutton Insurors, Mexico, Missouri (Not available) SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Stock redemption notification by First Bancorp of Vienna, Vienna, Illinois FEDERAL RESERVE BANK OF MINNEAPOLIS 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 Application Comment Period Ending Date Norwest Corporation Minneapolis, MN To acquire Blackhawk Bancorporation, Waterloo, Iowa* 10-6-90 (Federal Register) Lloyd A. Amundson, Angeline R. Mixner & Edina Southdale Physical Therapy, Inc. To acquire 100% of D & B Holding Company, Inc., Beulah, ND Not yet available Fishback Insurance Agency, Inc. Brookings, SD To acquire the Community State Bank of Stockholm, Stockholm, SD and the First National Bank of White, White, SD* Not yet available Philip, Paul, Perry and John Forstrom To increase their ownership interest to a total of 100% of Forstrom Bancor poration, Inc., Clara City, MN Not yet available *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Garfield County Bancshares, Inc. Jordan, MT To engage de novo in conducting lending activities. The activity will be conducted in Jordan, MT Not yet available Garfield County Bancshares, Inc. Jordan, MT To engage de novo in conducting appraisals of real and personal property. The activity will be conducted in Jordan, MT Not yet available Midwest R&S Corporation Brookings, SD To continue to engage directly in general insurance agency activities. The activity will be conducted in Brookings, SD. Not yet available C & L Investment Co. Miller, SD To engage de novo in making and servicing loans. Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Randall Bancshares, Inc. Lake Andes, SD To redeem 18.2% of its voting shares. Faith Bank Holding Company, Inc. Pierre, SD To redeem 100% of its nonvoting preferred stock. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice (Continued) Application Forstrom Bancorporation, Inc. Clara City, MN To redeem 37.8% of its voting shares, Linton Bancshares, Inc. Linton, ND Emergency application to acquire 100% of the Bismarck National Bank, Bismarck, ND (de novo) Watford City Bancshares, Inc. Watford City, ND Emergency application to engage in owning, controlling, or operating a savings association through the acquisition of four de novo thrifts: Williston Savings Bank, F.S.B., Williston, ND; Minot Savings Bank, F.S.B., Minot, ND; Ward County Savings Bank, F.S.B., Minot, ND; and Killdeer Savings Bank, F.S.B., Killdeer, ND. Fessenden Bancshares, Inc., Fessenden, ND Emergency application to engage in owning, controlling, or operating a savings association through the acquisition of two de novo thrifts: Cass County Savings Bank, F.S.B., Fargo, ND and Harvey Savings Bank, F.S.B., Harvey, ND. Community First North Dakota Bankshares, Inc., Fargo, ND Emergency application to engage in owning, controlling, or operating a savings association through the acquisition of a de novo thrift, Dickinson Interim Savings, F.S.B., Dickinson, ND. FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice (Continued) Application Rolla Holding Company, Inc. Rolla, ND Emergency application to engage in owning, controlling, or operating a savings association through the acquisition of a de novo thrift, Rolla Savings Bank, F.S.B., Rolla, ND. Valley Bancshares, Inc. Grand Forks, ND Emergency application to engage in owning, controlling, or operating a savings association through the acquisition of a de novo thrift, New Hillsboro Savings, F.S.B., Hillsboro, ND. Ramsey Financial Corporation Devils Lake, ND Emergency application to engage in owning, controlling, or operating a savings association through the acquisition of a de novo thrift, Heritage Federal Savings Bank of Cando, Cando, N D . Valley Bank and Trust Company Grand Forks, ND Emergency application to purchase the assets and assume the liabili ties of New Grand Forks State Bank, Grand Forks, ND. Federal Reserve Bank o f Kansas City S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R NOTICE ONLY APPLICATION O M N I B A N K Iliff, Aurora, Colorado, for p r i o r a p p r o v a l for m e m b e r s h i p in the F e d e r a l R e s e r v e System. COMMENT PERIOD ENDING DATE Not A v a i l a b l e S E C T I O N II - A P P L I C A T I O N S S U B J E C T TO B O T H N E W S P A P E R AND F E D E R A L R E G I S T E R N O T I C E APPLICATION COMMENT PERIOD ENDING DATE C.O. B a l e n t i n e Loving Trust and K a t y L. B a l e n t i n e Loving Trust, D r e x e l , M i s s o u r i , for prior a p p r o v a l to a c q u i r e 100 percent of the vot i n g s h a r e s of D r e x e l Bancshares, Inc., Drexel, Missouri. Not A v a i l a b l e M e l v i n a n d M o n a Winger, Johnson, K a n s a s , a n d R.D. and Evelyn Floyd, J o h n s o n , Kansas, to increase each of their p r o p o r t i o n a t e o w n ership i n t e r e s t s in Kansas Bank Corporation, L i b e r a l , Kansas, by 5.18 p e rcent to 25.58 percent. Not A v a i l a b l e R o b e r t L. a nd Claudia A. Beauprez, L a f a y e t t e , Colorado, for prior a p p r o v a l to increase their p r o p o r t i o n a t e owner s h i p interest in F r o n t R a n g e C a p i t a l Corporation, L a f a y e t t e , Colorado, by 40.85 per c e n t to 4 4 . 9 4 p ercent. Not A v a i l a b l e Y o u n g A m e r i c a n s Education Foundation, D e n v e r , C o l o r a d o , for prior a p p r o v a l to b e c o m e a bank holding company t h r o u g h the a c q u i s i t i o n of 100 p e r c e n t of the voting shares of Y o ung A m e r i c a n s Bank, Denver, Co l o r a d o . * October 9, 1990 G S B H o l d i n g , Inc., Mangum, O k l ahoma, for p r i o r a p p r o v a l to become a bank h o l d i n g c o m p a n y through the a c q u i s i t i o n of 96.3 percent of the v o t i n g s h a r e s of Guarantee State Bank, M a n g u m , Oklahoma.* October 1, 1990 Federal Reserve Bank o f Kansas City F r e d J. Hall, B r o o k s Hall, Jr., and K i r k l a n d Hall, all of O k l a h o m a City, O k l a h o m a , for prior a p p r o v a l to a c q u i r e 100 p e r c e n t of the voting s h a r e s of C a p i t a l N a t i o n a l C o r p o r a t i o n , O k l a h o m a City, Oklahoma. September D a v i d C. Doll a nd D a r l e n e G. Doll, for p r i o r a p p r o v a l to i n c r e a s e their o w n e r s h i p inter e s t in W a u n e t a Falls B a n c o r p , Inc., Wauneta, Nebraska, by 48.5 p e r c e n t to 51.6 p e r c e n t and by 45.5 p e r c e n t to 48.4 percent, respectively. October G. T h o m a s W r e n h o l t , L e a d ville, C o l o r a d o , for prior a p p r o v a l to i n c r e a s e his p r o p o r t i o n a t e ow n e r s h i p i n t e r e s t in O r e B a n c o r p o r a t i o n , L e a d v i l l e , Colorado, by 28.44 percent to 50.65 percent. September SECTION 2, 24, 1990 1990 27, 1990 III - A P P L I C A T I O N S SUBJECT TO F E D E R A L R E G I S T E R N O T I C E ONLY APPLICATION C O M M E N T P E R I O D E N D I N G D ATE None. S E C T I O N IV - A P P L I C A T I O N S N O T SUBJECT TO F E D E R A L R E G I S T E R N O T I C E O R N E W S P A P E R NOTICE APPLICATION None. *Application is s u b j e c t to CRA. FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF SEPTEMBER 17, 1990 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 Texarkana National Bancshares Employee Stock Ownership Stock Bonus Plan, Texarkana, TX, to acquire an interest in Texarkana National Bancshares, Inc., Texarkana, TX Change in Control Notice by John E. Holton, Sr.; John E. Holton, Jr.; Terry Canada; James Masten; John Forbis; John Coffee; Billy Mac Sims; Randall Sims; Richard Sims; Richard Fourmentin; Carl Wischkaemper; Carthel Lewis; Jerol Morris; Dannie Morris; Wellington Industries, Inc.; Lennie Sims; Lon Kiker; Walter Camp; Danny Martin; Warrick's, Inc.; Millard P. Brown; Elmer Harold Keller; J. B. Oney; Billy Henard; and Hybert Brooks, all of Wellington, TX, to acquire an interest in Wellington State Bank, Wellington, TX ** NOTICE EXP N/A N/A *Section 3(a)(3) application by First Abilene Bankshares, Inc., Abilene, TX, to acquire First National Bank in Cleburne, Cleburne, TX 90/10/19 ♦Section 3(a)(3) application by First Abilene Bankshares of Delaware, Inc., Wilmington, DE, to acquire First National Bank in Cleburne, Cleburne, TX 90/10/19 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) application by Guaranty Bancshares, Inc., Mount Pleasant, TX, to acquire Guaranty Leasing Company, Inc., Mount Pleasant, TX (to engage in full pay-out personal leasing) N/A Section 4(c)(8) application by Guaranty Financial Corp., Wilmington, DE, to acquire Guaranty Leasing Company, Inc., Mount Pleasant, TX (to engage in full pay-out personal leasing) N/A 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. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 9/21/90 Section I - Applications Subject to Newspaper Notice Only A d d !ication Comment Period Ending Date California Center Bank, Los Angeles, California, to establish a branch at or in the vicinity of Western Avenue and 8th Street, Los Angeles, California. * NewsDaDer: 10/31/90 Silicon Valley Bank, San Jose, California, to establish a branch in the vicinity of the intersection of West Las Positas Boulevard and Hopyard Road, Pleasanton, California. * NewsDaDer: Not available Section II - A d d H cations Subject to Both NewsDaDer and Federal Register Notice Philip J. Rocco, Santa Ana, California, to purchase up to 26 percent of the issued and outstanding shares of common stock of Orange Bancorp, Fountain Valley, California. CELCO Enterprises, Incorporated, Eugene, Oregon, to become a bank holding company through the acquisition of Liberty Savings Bank, Eugene, Oregon. * Shirley W. Nelson, Walnut Creek, California, to increase ownership from 10.76 to 12.13 percent of Summit Bancshares, Inc., Oakland, California. Fed. Req.: 10/02/90 NewsDaDer: Not available Fed. Reo.: Not available NewsDaDer: Not available Fed. Req.: 10/16/90 NewsDaDer: Not available Section III - Applications Subject to Federal Register Notice Only The Mitsubishi Bank, Limited, Tokyo, Japan, to engage in a full range of swap activities and related advising through Mitsubishi Capital Market Services, Inc., New York, New York. Fed. Reg.: Not yet published Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None * Subject to CRA.
@FedFRASER