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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1988, No. 39 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending September 24, 1988. ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK H0LDZN6 COMPANIES First Florida Banks* Inc.* Tampa* Florida* and 7L Corporation — to engage de novo in providing management consulting services and disposition of nonearning assets for failed savings and loan associations through First Management Group* Inc.* and Florida Asset Management Group* Inc. Permitted* September 19* 1988. 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 Chicago Marine Bank of Springfield* Springfield* Illinois — to establish an automatic teller machine at Capital Airport* J. David Jones Parkway. Approved* September 19* 1988. Philadelphia Meridian Bank* Reading* Pennsylvania — to establish an off-site electronic facility at the Southern Chester County Medical Center* 1015 West Baltimore Pike* West Grove* Pennsylvania. Approved* September 21* 1988. Chicago Old Kent Bank and Trust Company* Grand Rapids* Michigan — to establish a branch at 60th Street and Broadmoor Avenue* Caledonia* Michigan. Approved* September 23* 1988. BANK HOLDING COMPANIES Chicago Alta Vista Bancshares* Inc.* Alta Vista* Iowa — acquire Alta Vista Insurance and Services Corporation. Approved* September 19* 1988. to Atlanta Barnett Banks* Inc.* Jacksonville* Florida — to acquire Bank of Madison County* Madison* Florida. Approved* September 19* 1988. H.2 SEPTEMBER 19, 1988 PAGE 2 TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES New York BNB Holding Company, Inc., New York, New York — acquire Broadway National Bank. Approved, September 19, 1988. to Atlanta CBS Bancshares, Inc., Spencer, Tennessee — to increase ownership of Citizens Bank, Gainesboro, Tennessee. Approved, September 23, 1988. Chicago Eastern Iowa Bancshares, Ltd., Cascade, Iowa — acquire Onslow Bank, Onslow, Iowa. Approved, September 21, 1988. Cleveland First & Peoples Bancshares, Inc., Russell, Kentucky — to acquire First & Peoples Bank. Approved, September 23, 1988. Chicago First Merchants Corporation, Muncie, Indiana — to acquire Pendleton Banking Company, Pendleton, Indiana. Approved, September 19, 1988. New York First National Bancorp, Inc., Norfolk, New York — to acquire 15.5 percent of the First National Bank of Lisbon, Lisbon, New York. Approved, September 23, 1988. Chicago First of America Bank Corporation, Kalamazoo, Michigan — to'acquire Commercial National Bank & Trust Co., Iron Mountain, Michigan. Approved, September 21, 1988. Atlanta Forest Bancorp, Forest, Mississippi — to acquire Metropolitan Corporation, Biloxi, Mississippi. Approved, September 19, 1988. Kansas City G.N. Bankshares, Inc., Girard, Kansas — to engage de novo in servicing notes through Progressive Financial Services, Inc. Approved, September 23, 1988. Kansas City Miners Bancshares, Inc., Frontenac, Kansas — to acquire The Miners State Bank of Frontenac. Approved, September 21, 1988. to H.2 SEPTEMBER 19, 1988 PAGE 3 TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Piper Bankshares, Inc., Piper City, Illinois — acquire State Bank of Piper City. Approved, September 20, 1988. to Atlanta Security National Corporation, Maitland, Florida — to acquire Security National Bank of Seminole, Altamonte Springs, Florida. Approved, September 19, 1988. St. Louis State Bancorp, Inc., Washington, Indiana — acquire Spurgeon Financial Corporation. Approved, September 23, 1988. Kansas City Stockton Bancshares, Inc., Stockton, Kansas — to acquire The Trego-WaKeeney State Bank, WaKeeney, Kansas. Approved, September 23, 1988. Dallas Throckmorton Bancshares, Inc., Throckmorton, Texas to acquire The First National Bank of Throckmorton Approved, September 22, 1988. San Francisco Washington Commercial Bancorp, Redmond, Washington to acquire Redmond National Bank. Approved, September 23, 1988. to BANK PREMISES Chicago The Bank of Illinois in Normal, Normal, Illinois — investment in bank premises. Approved, September 22, 1988. Chicago Old Kent Bank and Trust Company, Grand Rapids, Michigan — investment in bank premises. Approved, September 23, 1988. CHANGE IN BANK CONTROL Kansas City American Interstate Bancshares, Inc., Woodward, Oklahoma — change in bank control. Permitted, September 20, 1988. H.2 SEPTEMBER 19, 1988 PAGE 4 TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL Kansas City American Interstate Bancshares, Inc., Woodward, Oklahoma — change in bank control. Permitted, September 21, 1988. Kansas City New Mexico Banquest Investors Corporation, Santa Fe, New Mexico — change in bank control. Permitted, September 23, 1988. Kansas City Oakland Financial, Inc., Omaha, Nebraska — bank control. Permitted, September 20, 1988. change in San Francisco Valley Bancorporation, Sumner, Washington — in bank control. Permitted, September 20, 1988. changes COMPETITIVE FACTORS REPORTS Kansas City American Industrial Bank, Inc., Colorado Springs, Colorado, proposed merger with Colorado Springs U.S. Industrial Bank, and Pueblo U.S. Industrial Bank, Pueblo, Colorado — report on competitive factors. Submitted, September 22, 1988. Kansas City American Industrial Bank of Arvada, Arvada, Colorado, proposed merger with Thornton U.S. Industrial Bank, Thornton, Colorado — report on competitive factors. Submitted, September 22, 1988. Kansas City American Industrial Bank of Aurora, Aurora, Colorado, proposed merger with Aurora U.S. Industrial Bank — report on competitive factors. Submitted, September 22, 1988. Kansas City American Industrial Bank of Lakewood, Lakewood, Colorado, proposed merger with Applewood U.S. Industrial Bank, Golden, Colorado — report on competitive factors. Submitted, September 22, 1988. H.2 SEPTEMBER 19, 1988 PAGE 5 TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City Bank IV Topeka, N.A., Topeka, Kansas, proposed merger with Fairlawn Plazabank — report on competitive factors. Submitted, September 20, 1988. Kansas City Boatmen7s First National Bank of Kansas City, Kansas City, Missouri, proposed merger with affiliated banks in Excelsior Springs; Belton; Independence; LeeTs Summit; Kansas City; and Raytown, Missouri — report on competitive factors. Submitted, September 22, 1988. Minneapolis Commercial National Bank & Trust Co., Iron Mountain, Michigan, proposed merger with First of America Bank - Iron Mountain, National Association — report on competitive factors. Submitted, September 20, 1988. St. Louis Commercial State Bank of Waterloo, Waterloo, Illinois, proposed merger with CSBW State Bank — report on competitive factors. Submitted, September 20, 1988. Kansas City The Farmers National Bank of Osborne, Osborne, Kansas, proposed merger with Farmers National Bank of Gaylord, Gaylord, Kansas — report on competitive factors. Submitted, September 22, 1988. New York FFB Savings Bank, Montclair, New Jersey, proposed merger with Montclair Savings Bank — report on compet it ive factors. Submitted, September 21, 1988. Chicago First Galesburg National Bank and Trust Company, Galesburg, Illinois, proposed merger with First National Bank in Galva, Galva, Illinois — report on competitive factors. Submitted, September 21, 1988. Kansas City The Fourth National Bank of Tulsa, Tulsa, Oklahoma, proposed merger with United Bank — report on competitive factors. Submitted, September 20, 1988. H.2 SEPTEMBER 19, 1988 PAGE 6 TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS New York Mid Jersey National Bank, Somerville, New Jersey, proposed merger with Mid Jersey National Bank — report on competitive factors. Submitted, September 21, 1988. Chicago United Bank of Illinois, National Association, Rockford, Illinois, proposed merger with United Bank of Belvidere, Belvidere, Illinois — report on competitive factors. Submitted, September 23, 1988. EXTENSIONS OF TIME Minneapolis Bank Shares Incorporated, Minneapolis, Minnesota — extension to engage de novo in loan activities, nationwide. Granted, September 22, 1988. Atlanta CeeBee Corporation, Prattville, Alabama — extension to December 31, 1988, to acquire The Citizens Bank. Granted, September 22, 1988. New York Citicorp, New York, New York — certain property. Granted, September 19, 1988. Atlanta Community Bankshares, Inc., Cornelia, Georgia — extension to October 18, 1988, to engage in insurance sales activities through Community Insurance Agency. Granted, September 21, 1988. Chicago County Bank Corp., Lapeer, Michigan — extension to December 6, 1988, to acquire Lapeer County Bank & Trust Co., and for the latter to merge with Lapeer Interim Bank. Granted, September 19, 1988. San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain property. Granted, September 19, 1988. extension to divest H.2 SEPTEMBER 19, 1988 PAGE 7 TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME San Francisco First Interstate Bancorp, Los Angeles, California — extension to divest certain properties. Granted, September 22, 1988. Atlanta Independent Bancshares, Inc., Ocala, Florida — extension to October 26, 1988, to acquire Independent Bank of Ocala. Granted, September 20, 1988. Chicago NBD Bancorp, Inc., Detroit, Michigan — extension to December 19, 1988, to acquire Trust Company of Naples, Naples, Florida, and engage in trust activities. Granted, September 22, 1988. Richmond Signet Bank / Maryland, Baltimore, Maryland — extension to October 29, 1989, to establish a branch at the intersection of Emmorton Road and Plum Road Tree Road, Bel Air, Maryland. Granted, September 19, 1988. San Francisco Wells Fargo & Company, San Francisco, California — extension to divest certain property. Granted, September 21, 1988. H.2 SEPTEMBER 19, 1988 PAGE 8 ADDITIONS AND CORRECTIONS TO SEPTEMBER 23, 1988 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Norwest Corporation, Minneapolis, Minnesota; Norwest Financial Services, Inc., Des Moines, Iowa; and Norwest Financial, Inc. — to engage de novo in operating a credit bureau. Permitted, September 11, 1988. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Canment Period Ending Date Application NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Corrment Period Ending Date Advisors Bancorp of Boston, Boston, Massachusetts -3(a)(1) application to become a bank holding company through the acquisition of Advisors Bank and Trust, Boston, Massachusetts** Newspaper 09-25-88 Federal Register 09-26-88 Warren Bancorp, Inc., Peabody, Massachusetts - 3(a)(3) application to acquire up to 24.9% of Beverly National Corp., Beverly, Massachusetts** Newspaper 10-01-88 Federal Register 10-03-88 Fleet/Norstar Financial Group, Inc., Providence, Rhode Island - 3(a)(5)/4(c)(8) application to acquire Indian Head Banks, Inc., Nashua, New Hampshire** Newspaper 10-01-88 Federal Register 10-03-88 Peoples Heritage Financial Group, Inc., Portland, Maine - 3(a)(3) application to acquire Oxford Bank and Trust, Oxford, Maine** Newspaper 10-14-88 Cenvest, Inc., Meriden, Connecticut- 3(a)(3) application to acquire First Central Bank, Hartford, Connecticut, a de novo bank** Newspaper **Subject to CRA Federal Register Federal Register Not Yet Published 10-17-88 Not Yet Published FEDERAL RESERVE BANK OF BOSTON APPLICATIONS (Cont'd) SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Canment Period Ending Date Application NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE Federal Reserve Bank of New Yor Comment Period E n d i m Date SECTION I Applications Subject to Newspaper ____________ Notice Only__________ Bank of Bermuda (New York) Ltd., New York, New York, a proposed new bank, to became a member of the Federal Reserve System.1/ 10/19/88 European American Bank, New York, New York to establish a branch at 50 Avenue A, New York, New York.l/ 10/24/88 SECTION II Applications Subject to Both Newspaper and Federal Register Notice The Bank of Bermuda Ltd., Hamilton, Bermuda and Bermuda (U.S.) Holdings Ltd., Dover, Delaware to became bank holding companies with respect to Bank of Bermuda (New York) Ltd., New York, New York, a proposed new 10/19/88 3/ bank.l/ SECTION III Noribanking Applications (Subject to Federal Register Notice Only) CapitalBanc Corporation, New York, New York to engage indirectly in certain nonbanking activities. N/A Ihe Long-Term Credit Bank of Japan, Ltd., Tokyo, Japan to engage indirectly in certain nonbanking activities. N/A SECTION IV Applications Not Involving ________ Public Comment________ Manufacturers Hanover Trust Company, New York, New York to establish a branch in Paris, France. 1/ 2/ 3/ 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 FEDERAL RESERVE BANKOF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Conment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Conment Period Ending Date Atcorp, Inc., Atco, NJ, to become a BHC b y 1/ acquiring 100% of voting shares of Atco National Bank, Atco, N J pursuant to Section 3(a)(1) of the Bank Holding Company Act. 10/ 20/88 Newspaper: Federal Register: N/A* SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Conment Period Ending Date Petmcore Financial Services, Newtown, P A to engage in the activity of providing courier services through Gcnmonwealth Courier Services (in organization), Newtown, P A pursuant to Section 4(c)(8) of the Bank Holding Conpary Act. 10/14/88 SECTION IV - APPLICATIONS NOT SUBJECT T O FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE None. * Not yet available. 1/ Subject to provisions of Conmunity Reinvestment Act. Cleveland Reserve Bank Applications For Week Ending September 24, 1988 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING Received application on S e p t e m b e r 21 , 1988 from Security Dollar Bank, Niles, Ohio, for permission to establish a branch at 160 East Market Street, Warren, Ohio. *0ctober 7, *0ctober 18, 1988 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a) (3) A p p l i c a t i o n on September 8 , 1988 frcm Ohio Bancorp, Youngstown, Ohio, to acquire 100 percent of The Mingo National Bank of Mingo Junction, Mingo Junction, Ohio, pursuant to Section 3 of the Bank Holding Company Act. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * # N F - Subject to CRA Expected to end approximately 30 days frcm the date of receipt Newspaper Comment Period Federal Register Conment Period 1988 F e d e r a l R e s e rv e Bank o f Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Mr. Ralph Owen Delaney, Notice of Change in Control with respect to Consolidated Banc Shares, Inc., Clarksburg, West Virginia. 10- 11-88 National Banc of Commerce Company, Charleston, West Virginia, for prior approval to acquire GuarantyShares of West Virginia, Inc., Huntington, West Virginia.* 10 20-88 National Banc of Commerce Company, Charleston, West Virginia, for prior approval to acquire The Bank of Man, Man, West Virginia.* 10 - 2 0 - 8 8 NBCC, Inc., Charleston, West Virginia, for prior approval to become a bank holding company through the acquisition of The Guaranty National Bank of Huntington, Huntington, West Virginia.* 10-20-88 - Section III - Applications Subject to Federal Register Notice Application 4 Comment Period Ending Date Norce Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None *Application is subject to CRA. September 26, 1988 Federal Reserve Bank of Atlanta Applications Bulletin Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Conroent Period Ending Date SouthTrust Corporation Birmingham, Alabama To acquire Meigs County Bancshares, Inc., Decatur, Tennessee. Florida First International Corporation 10-10-88 Hollywood, Florida Newspaper 1-EHC formation, Florida First International Bank, Hollywood, Florida. P.C.B. Bancorp, Inc. 09-30-88 Largo, Florida • Federal Register 1-BHC formation, Pinellas Community Bank, Largo, Florida. Main Street Banks Incorporated Covington, Georgia 1-BHC formation, The Bank of Govington, Covington, Georgia. Section IV - Application Not Subject To Federal Register Notice Or Newspaper Notice Application Dooly Bancshares, Inc. Vienna, Georgia To redeem 4,510 shares of its outstanding treasury stock. Federal Reserve Bank of Chicago Section 1 - Applications Subject to newspaper Notice Only Type Application Comment Period Ending Date Membership The State Savings Bank of South Lyon N South Lyon, Michigan to become a member of the Federal Reserve System* - 10-16-88 2070 The State Savings Bank of South Lyon South Lyon, Michigan First of America Bank - Ann Arbor Aim Arbor, Michigan* - 10-16-88 Branch/24A Linden State Bank N Linden, Indiana 1408 Darlington Avenue Crawfordsville, Indiana - and $391,500 for branch* N - 10-8-88 EFT Chemical Bank and Trust Company Midland, Michigan Delta College University Center, Michigan* N - ** Membership Midwest Guaranty Bank (in organization) N Birmingham, Michigan To become a member of the Federal Reserve System* - ** Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Type Application Y-2 FNW Bancorp, Inc. Elgin, Illinois The Heritage Group, Inc. Woodridge, Illinois Heritage Bank Woodridge, Illinois Heritage Bank of Lemont Lemont, Illinois* FR N - 10-4-88 - 10-1-88 Y-2 American Central Financial Group, Inc. Springfield, Illinois Meredosia Bancorporation, Inc. Springfield, Illinois Farmers and Traders State Bank Meredosia, Illinois Farmers and Merchants State Bank of Virden Virden, Illinois* FR N - 9-7-88 - 9-19-88 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 First Paxton Bancorp, Inc. Paxton, Illinois Cissna Park State Bank Cissna Park, Illinois* FR - 10-13-88 N - ** Y-l Indiana-Hoosier Corp. Greenwood, Indiana The Bloomington National Bank Bloomington, Indiana* FR - 10-13-88 N - ** Y-2 Bosshard Financial Group, Inc. (was La Farge Bancorp) La Crosse, Wisconsin Grand Marsh State Bank Grand Marsh, Wisconsin Farmers State Bank-Hillsboro Hillsboro, Wisconsin* FR - 9-9-88 N - 9-12-88 Y-2 Indiana Bancshares, Inc. Greenwood, Indiana Hoosier Bancshares, Inc. Bloomington, Indiana The Bloomington National Bank Bloomington, Indiana* FR - 10-7-88 N - ** Y-l Pioneer Bancorp, Inc. Chicago, Illinois Pioneer Bank & Trust Company Chicago, Illinois* FR - 10-7-88 N - 9-26-88 CoC/RoS Pinnacle Banc Group, Inc. Oak Brook, Illinois John J. Gleason to purchase 275,000 shares of common stock FR - 10-3-88 H _ ** Y-l First Shares, Inc. Platteville, Wisconsin The First National Bank of Platteville Platteville, Wisconsin* FR - ** N - 10-17-88 Y-l Dulaney Bancorp, Inc. Marshall, Illinois The Dulaney National Bank of Marshall Marshall, Illinois* FR - ** N - 9-29-88 Federal Reserve Bank of Chicago Section II - Applications Subject to Both newspaper and Federal Register Notice Continued Type Application Y-l Midwest Guaranty Bancorp, Inc. Detroit, Michigan Midwest Guaranty Bank (in organization) Birmingham, Michigan* Comment Period Ending Date FR - ** N - ** Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application Y-4 American Central Financial Group, Inc. FR - 9-30-88 Springfield, Illinois N - 9-19-88 Originate consumer finance, mortgage and commercial finance loans for its own accounts and for the accounts of others Y-4 American Central Financial Group, Inc. FR Springfield, Illinois N Originate conventional, FHA and VA mortgage loans for immediate sale to third party investors - 9-30-88 - 9-19-88 4(c)(8) Capital Directions, Inc. Mason, Michigan to make, acquire, service loans and extension of credits through Monex Financial Services, Inc., Mason, Michigan - 10-6-88 - ** FR N Section IV - Applications Not Subject to Federal Register Notice Or Newspaper Notice Type Application RoS Lohrville Bancshares, Ltd. Lohrville, Iowa To redeem 10 percent of its stock (in violation) N FR * ** - Newspaper Federal Register Subject to provisions of Community Reinvestment Act Not available at this time Federal Reserve Bank of St. Louis SECTION I ~ APPLICATIONS SUBJECT 10 NEWSPAPER NOTICE ONLY Application Comment Period Ending Date None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date * Section 3(a)(3) application by National City Bancshares, Inc., Evansville, Indiana, to acquire Farmers and Merchants, Bank, Fort Branch, Indiana (Not Available) 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 None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application HMC Holding Company Sioux Falls, SD To acquire Gary State Bank Gary, SD* 10-9-88 (Newspaper) Klossner Bancorporation, Inc. Klossner, MN To merge with Houston State Holding, Inc., Houston, MN and thereby acquire the Houston State Bank, Houston, MN* Not yet available North Shore Financial Corporation Duluth, MN To acquire Airport State Bank Duluth, MN* Not yet available Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Community First Minnesota Bankshares, Inc., Fargo, ND To engage de novo in providing financially related data processing and data transmitting services to others. The activity will be con ducted nationwide. Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None.* *Subject to CRA Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY C O M M E N T P E R I O D E N D I N G DATE APPLICATION None. SECTION II -APPLICATIONS SNBJRCT TO BOTH NEWSPAPER. AND FEDERAL REGISTER NOTICE C O M M E N T P E R I O D E N D I N G DATE F i r s t B a n k H o l d i n g C o m p a n y of C o l o r a d o , Lake w o o d , Colorado, to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of the f o l l o w i n g <|e n ovo b a n k s : F i r s t B a n k of S o u t h m o o r Park, N . A . , Denver, C o l o r a d o ; F i r s t B a n k a t B u c k l e y / Q u i n c y , N.A., A urora, C o l o r a d o ; F i r s t B a n k of T a b l e Mesa, N . A . , Bo u lder, C o l o r a d o ; F i r s t B a n k at 3 0 t h / A r a p a h o e , N . A . , Boulder, C o l o r a d o ; an d F i r s t B a n k at C h a m b e r s / M i s s i s s i p p i , N . A . , Aurora, Colorado.* Not Available T h e Fi r s t N a t i o n a l B a n k of S y r a c u s e E m p l o y e e S t o c k O w n e r s h i p Plan, S y r a c u s e , Kansas, for p r i o r a p p r o v a l to b e c o m e a b a n k h o l d i n g c o m p a n y t h r o u g h the a c q u i s i t i o n of u p to 30 p e r c e n t of the v o t i n g s h a r e s of S y r a c u s e F i n a n c i a l C o m p a n y , Syracuse, Kansas, p a r e n t of F i r s t N a t i o n a l B a n k of Syracuse, Syracuse, Kansas.* Not Available W y a n d o t t e Ban Corporation, Kansas City, Kansas, for p r i o r 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 v o t i n g s h a r e s of The E d w a r d s v i l l e Bank, Edwardsville, Kansas.* O c t o b e r 7, 1988 Federal Reserve Bank of Kansas City SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE R a m o n a B a n k s h a r e s , Inc., Hillsboro, Kansas, for p r i o r a p p r o v a l to a c q u i r e 10 0 p e r c e n t of the v o t i n g s h a r e s of H i l l s b o r o Insurance Agen c y , H i l l s b o r o , Kansas, and t h e r e b y i n d i r e c t l y engage in s e l l i n g c r e d i t life, disab i l i t y or i n v o l u n t a r y u n e m p l o y m e n t insurance. O c t o b e r 13, 1 988 F i r s t M o r r i l l Co., Omaha, Nebraska, for p r i o r a p p r o v a l to a c q u i r e 10 0 p e r c e n t of th e v o t i n g shares of M o r r i l l I n s u r a n c e Services, Inc., M o r rill, N e b r a s k a , a nd t hereby i n d i r e c t l y e n g a g e in insurance a g e n c y a c t i v i t i e s in a town of less than 5 , 0 0 0 p e r s o n s . O c t o b e r 13, C o m m e r c e B a n c s h a r e s , Inc., Kansas City, M i s s o u r i , for prior approval to a c q u i r e 1 9 . 9 p e r c e n t of the v o t i n g s h a r e s of M i d w e s t Financial Group, Inc., Peoria, Illinois, and t h e r e b y i n d i r e c t l y e n g a g e in s e l l i n g c r e d i t life, disability, or i n v o l u n t a r y u n e m p l o y m e n t i n s urance t h r o u g h M i d w e s t F i n a n c i a l L ife I n s u r a n c e C o m p a n y , Peoria, I l l i n o i s ; i n d i r e c t l y engage in p r o v i d i n g to o t h e r s f i n a n c i a l l y r e l a t e d d a t a p r o c e s s i n g and data t r a n s m i s s i o n s e r v i c e s , facilities, a n d d a t a b ases, or a ccess to them t h r o u g h M F G I n f o r m a t i o n Systems, Inc., P e o r i a , Illin o i s ; indirectly e n g a g e in d i s c o u n t s e c u r i t i e s b r o k e r a g e a c t i v i t i e s i n c luding c e r t a i n s e c u r i t i e s credit and i n c i d e n t a l a c t i v i t i e s t hrough Midwest Financial Gro u p Brokerage S e r v i c e s , Inc., Peoria, Illinois; and i n d i r e c t l y e n g a g e in p r o v i d i n g m a n a g e m e n t c o n s u l t i n g s e r v i c e s to d e p o s i t o r y i n s t i t u t i o n s through M i d w e s t F i n a n c i a l I n v e stment M a n a g e m e n t C o m p a n y , Peoria, Illinois. No t A v a i l a b l e 1988 SgCTXQW IV - APP^XCftTIPWS. NOT. STOJgCT T Q F E D B R A L R E G I S T E R NOTICE OR NEWSPAPER NOTICE APPLICATION S p a l d i n g C i t y C o r p o r a t i o n / Omaha/ N e b r a s k a / for p r i o r a p p r o v a l to r e d e e m 6 / 6 0 0 s h a r e s of its o w n v o t i n g c o m m o n stock. ♦ A p p l i c a t i o n 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 19, 1988 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(1) application by WNB Bancshares, Inc., Odessa, TX to acquire WNB Financial Corp., Odessa, TX (de novo), and thereby, acquire Western National Bank, Odessa, TX 88/10/15 ♦Section 3(a)(1) application by WNB Financial Corp., Odessa, TX to acquire Western National Bank, Odessa, TX 88/10/15 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. FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 9/23/ Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Pat None Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice Arthur Schwalm, Sedona, Arizona, Antonio Grimalda and Leon Felton, both of Cottonwood, Arizona, to retain their ownership interests in Verde Valley Bancorp, Inc., Cottonwood, Arizona. Newspaper: Not available Fed. Rea.: 10/12/88 Abdullah Saleh Abdullah Kamel, Alhamda, Jeddah, Saudi Arabia, to acquire 100 percent of Wilshire Center Bancorp, Los Angeles, California. Newspaper: 10/06/88 Fed. Rea.: 10/14/88 United Security Bancorporation, Chewelah, Washington, to acquire Home Security Bank (In Organization), Sunnyside, Washington. * Newspaper: 10/26/88 Fed. Rea.: 10/21/88 Section III - Applications Sub.iect to Federal Reaister Notice Onlv First Security Corporation, Salt Lake City, Utah, request for approval for First Security Leasing Company and First Security Leasing Company of Nevada to offer lease terms based on an estimated residual value in excess of 20 percent limit in Regulation Y up to 70 percent of the original cost of the leased property. Fed. Rea.: 10/05/88 The Tokai Bank, Ltd., Tokyo, Japan, to engage in certain personal leasing activities and to expand the geographic scope of such and other currently conducted activities nationwide of Tokai Credit Corporation, Los Angeles, California. Fed. Rea.: 10/21/88 Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None ★ Subject to CRA. '\
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