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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1982 No. 36) Actions of the Board; Applications and Reports Received During the Week Ending September 4, 1982 APPLICABLE ^ ^ RESERVE BANK ACTIONS OF THE BOARD Regulation Q amendment, to permit member banks to issue a l l time deposits in book-entry form as an a l t e r native to issuing c e r t i f i c a t e s of deposit in d e f i n i t i v e form; the Board also adopted technical amendments to conform Regulation Q to actions taken by the Depository I n s t i t u t i o n s Deregulation Committee. Regulation Z, Truth in Lending, Treatment of S e l l e r ' s Points; extension of the comment period to September 27, 1982. Swap arrangements, the Treasury Department and the Federal Reserve announced t h e i r p a r t i c i p a t i o n in an arrangement, in cooperation with the central banks of other Group of Ten countries, Spain and Switzerland, under the aegis of the Bank for International S e t t l e ments, designed to provide short-term financing to the Banco de Mexico. The Board announced the following appointments and promotions: George E. Livingston, C o n t r o l l e r , Officer of the Controller; David L. Robinson, Associate Director and Chief Federal Reserve Examiner, Division of Federal Reserve Bank Operations; William C. Schleicher, J r . , Associate Director of Automation/Communications and Building Planning, Division of Federal Reserve Bank Operations; Jack Dennis, J r . , Assistant D i r e c t o r , Division of Federal Reserve Bank Operations; Anne M. DeBeer, Assistant Director and Reserve Bank Budget D i r e c t o r , Division of Federal Reserve Bank Operations. Cleveland T7 AmeriTrust Corporation, Cleveland, Ohio, extension of time u n t i l November 23, 1982, within which to acquire AmeriTrust Company of Toledo, Toledo, Ohio. J / Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 2 ACTIONS OF THE BOARD - Continued Dallas Caprock Bancshares, I n c . , Shallowater, Texas, extension of time to November 25, 1982, within which to consummate the acquisition of F i r s t State Bank of Shallowater, Texas. J / New York Citizens F i r s t Bancorp., I n c . , Glen Rock, New Jersey, extension of time to December 27, 1982, within which to become a bank holding company with respect to Citizens F i r s t National Bank of New Jersey, Ridgewood, New Jersey. V Dallas De Leon Bancshares, I n c . , De Leon, Texas, extension of time to September 24, 1982, within which to consummate the acquisition of Farmers & Merchants Bank, De Leon, Texas. JJ Atlanta F i r s t National Mississippi, 1982, within pany through of Picayune, St. Louis LaRue Bancshares, I n c . , Hodgenville, Kentucky, extension of time u n t i l October 14, 1982, within which to become a bank holding company through the acquisition of The Peoples State Bank, Hodgenv i l l e , Kentucky. V Chicago PARKE BANCORP, Rockville, Indiana, extension of time to October 3, 1982, within which to become a bank holding company through the acquisition of 100 percent of the voting shares of the successor by merger to The Parke State Bank, Rockville, Indiana. J / Atlanta Peoples National Bancorp, I n c . , Shelbyville, Tennessee, extension of time u n t i l December 1, 1982, within which to become a bank holding company through the acquisition of the Peoples National Bank of Shelbyv i l l e , S h e l b y v i l l e , Tennessee. \J Kansas City Pioneer Bancorporation, I n c . , Denver, Colorado, extension of time to December 22, 1982, within which to consummate the acquisition of City Center National Bank, Aurora, Colorado. 1/ 27 Corporation of Picayune, Picayune, extension of time u n t i l December 6, which to become a bank holding comacquisition of F i r s t National Bank Picayune, M i s s i s s i p p i . V Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 3 ACTIONS OF THE BOARD - Continued Chicago United Community Financial Corporation, Wayland Michigan, extension of time to December 9, 1982, within which to become a bank holding company through the acquisition of 100 percent of the voting shares of the successor by merger to United Community Bank, Wayland, Michigan. V San Francisco U.S. Bancorp, Portland, Oregon, extension of time to December 4, 1982, within which to begin operat i o n of Grand Junction U.S. Industrial Bank, Grand Junction, Colorado. J / Chicago Rock Island Bank, Rock Island, I l l i n o i s , to invest in bank premises. J / Philadelphia American Bank and Trust Company of Pa., Reading, Pennsylvania, proposed merger with The Valley Trust Company of Palmyra, Pennsylvania; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J / Dallas Ashford Bank, Houston, Texas, proposed merger with New Ashford Bank, Houston, Texas; report to the Federal Deposit Insurance Corporation on competitive factors. V Atlanta Bank of the South, N.A, Atlanta, Georgia, proposed merger with Athens Bank & Trust Company, Athens, Georgia; report to the Comptroller of the Currency on competitive f a c t o r s . J_/ St. Louis Commercial National Bank of L i t t l e Rock, L i t t l e Rock, Arkansas, proposed merger with The F i r s t National Bank in L i t t l e Rock, L i t t l e Rock, Arkansas; report to the Comptroller of the Currency on competitive f a c t o r s . 1/ Atlanta F i r s t National Bank of G r i f f i n , G r i f f i n , Georgia, proposed merger with Interim National Bank of G r i f f i n , G r i f f i n , Georgia; report to the Comptroller of the Currency on competitive f a c t o r s . J / Richmond F i r s t National Bank of Maryland, Baltimore, Maryland, proposed merger with The Detour Bank, Keymar, Maryland; report to the Comptroller of the Currency on competitive f a c t o r s . J / \J Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 4 ACTIONS OF THE BOARD - Continued Dallas F i r s t State Bank, El Paso, Texas, proposed merger with New F i r s t State Bank, El Paso, Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ San Franci sco KRB Service Corp., Reedley, C a l i f o r n i a , proposed merger with Kings River State Bank, Reedley, C a l i f o r n i a , under the charter and t i t l e of the l a t t e r ; report to the Federal Deposit Insurance Corporation on competitive fa cto rs. J / Chicago M a r t i n s v i l l e State Bank, M a r t i n s v i l l e , I l l i n o i s , application for prior approval to merge with Republic Bank of M a r t i n s v i l l e , M a r t i n s v i l l e , I l l i n o i s , under the charter of Republic Bank of M a r t i n s v i l l e , and t i t l e of M a r t i n s v i l l e State Bank; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/ San Francisco New National Bank of Alaska, Anchorage, Alaska, proposed merger with National Bank of Alaska, Anchorage, Alaska, under the charter of the former and t i t l e of the l a t t e r ; report to the Comptroller of the Currency on competitive f a c t o r s , V Richmond Parkersburg National Bank, Parkersburg, West V i r g i n i a , proposed merger with Union Trust National Bank, Parkersburg, West V i r g i n i a ; report to the Comptroller of the Currency on competitive f a c t o r s . J / Richmond Peoples Bank and Trust Company, Rocky Mount, North Carolina, proposed merger with The New Peoples Bank and Trust Company, Rocky Mount, North Carolina, a proposed new bank; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . ] J Atlanta Southtrust Bank of Etowah County, N.A., A t t a l l a , Alabama, proposed merger with Coosa Valley Bank, Gadsden, Alabama; report to the Comptroller of the Currency on competitive f a c t o r s . V San Francisco Torrey Merger Corp., Sol ana Beach, C a l i f o r n i a , proposed merger with Torrey Pines Bank, Sol ana Beach, C a l i f o r n i a , under the charter and t i t l e of the l a t t e r ; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . V T7 Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 5 ACTIONS OF THE BOARD - Continued Atlanta T7 Trust Company of Henry County, N.A., McDonough, Georgia, proposed merger with The Farmers Bank, Locust Grove, Georgia; report to the Comptroller of the Currency on competitive f a c t o r s . Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 6 ACTIONS OF THE BOARD- - Continued To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act St. Louis Atlanta Approved Du Quoin State Bank, Du Quoin, I l l i n o i s . To establ i s h a f a c i l i t y (branch) to be located on the corner of F i r s t and Walnut Streets in Tamaroa, I l l i n o i s , and two automatic t e l l e r machines t o be located: (1) northeast part of southtowne shopping center parking area, Du Quoin, I l l i n o i s and (2) in vestibule of new f a c i l i t y t o be located in Tamaroa. J J F i r s t Georgia Bank, Atlanta, Georgia. To establish a branch at 2470 Coronet Way, A t l a n t a , Georgia. V * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Kansas City Approved Viejo Bank, L i t t l e t o n , Colorado. i y Atlanta Commerce Union Bank - Greeneville, Greeneville, Tennessee. J / St. Louis Es Bank, Jacksonville, I l l i n o i s . ]_/ Dallas Traders State Bank, Canton, Texas. 1/ * * * * * To Merge Pursuant t o Section 18(c) of the Federal Deposit Insurance Act St. Louis Approved E l l i o t t State Bank, Jacksonville, I l l i n o i s , to merge with Es Bank, Jacksonville, I l l i n o i s . J / * T7 * * * * Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . 1 H.2, 1982 No. 36 - 7 ACTIONS OF THE BOARD - Continued Issued Intent not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978 New York Not Disapproved F i r s t Empire State Corporation, B u f f a l o , New York. V Applications and N o t i f i c a t i o n s for International Investments and Other Actions Pursuant t o Sections 25 and 25(a) of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) and 4(c)(13) of the Bank Holding Company Act of 1956, as a trended San Francisco Approved Bank of America NT&SA, San Francisco, C a l i f o r n i a : grants consent for BankAmerica International Financial Corporation, San Francisco, C a l i f o r n i a , to purchase and hold, d i r e c t l y or i n d i r e c t l y , 40 percent of the shares of a de novo merchant bank in Lagos, Nigeria, t o be known as Merchant Bank of Africa (Nigeria) Limited. Sixty-Day N o t i f i c a t i o n Period Allowed t o Expire Minneapolis Northwest Bancorporation, Minneapolis, Minnesota: no objection t o make an Investment in NW Overseas Capital Corporation, N.V., Curacao, Netherlands Antilles. Chicago T7 Sixty-Day N o t i f i c a t i o n Period Waived The F i r s t National Bank of Chicago, Chicago, I l l i n o i s , on behalf of F i r s t Chicago International Corporation no objection t o make an additional investment in P. T. Indonesian Investments I n t e r n a t i o n a l , Jakarta, Indonesia. Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . • H.2, 1982 No. 36 • - 8 ACTIONS OF THE BOARD - Continued To Establish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act Approved Maryland Bank, N.A., Wilmington', Delaware: grants permission t o establish a branch 1n Grand Cayman, Cayman Islands, B r i t i s h West Indies. Richmond To Form a Bank Holding Company Pursuant t o Section 3(a)(1) of the Bank Holding Company Act of 1956 Kansas C i t y New York Withdrawn Dickinson Ban Corporation, Herington, Kansas, for approval to acquire 100 percent of the voting shares of Herington Bancshares, I n c . , Herington, Kansas and i n d i r e c t l y The Bank of Herington, Herington, Kansas. V Approved Esi Kay Financing Corp., Panama, Republic of Panama, and i t s subsidiary, Em Kay Holding Corp., New York, New York, for approval t o acquire 67 percent or more of the voting shares of Village Bank of New Jersey, South Orange, New Jersey. V Philadelphia Palm Bancorp, Palmerton, Pennsylvania, for approval to acquire at least 80 percent of the voting shares of The F i r s t National Bank of Palmerton, Palmerton, Pennsylvania. V Cleveland Manchester Bancorp, I n c . , Manchester, Kentucky, for approval to acquire 100 percent of the voting shares of F i r s t State Bank, Manchester, Kentucky. J / Atlanta WCG Bancshares, I n c . , Thomaston, Georgia, for approval to acquire 100 percent of the voting shares of West Central Georgia Bank, Thomaston, Georgia. V Chicago Cedar Valley Bankshares, L t d . , Charles C i t y , Iowa, for approval to acquire at least 95.17 percent of the voting shares of F i r s t Security Bank & Trust Company, Charles C i t y , Iowa. 1/ T7 Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 9 ACTIONS OF THE BOARD - Continued Chicago City Bankshares, I n c . , Portage, Wisconsin, for approval to acquire at least 80 percent of the voting shares of City Bank & Trust Company, Portgage, Wisconsin. V Chicago Essex Iowa Bancorporation, I n c . , Essex, Iowa, for approval to acquire at least 80 percent of the voting shares of The F i r s t National Bank of Essex, Essex, Iowa. j_/ Chicago Gainer Corporation, M e r r i l l v i l l e , Indiana, for approval to acquire 100 percent of the voting shares of the successor by merger to Gary National Bank, Gary, Indiana. V Chicago Southern Michigan Bancorp, I n c . , Coldwater, Michigan, for approval to acquire 100 percent of the voting shares of the successor by merger to Southern Michigan National Bank of Coldwater, Coldwater, Michigan. J / St. Louis Banlou Corporation, L o u i s v i l l e , Kentucky, for approval to acquire 100 percent of the voting shares of the successor by merger to Bank of L o u i s v i l l e and Trust Company, L o u i s v i l l e , Kentucky. J / St. Louis E l l i o t t Bancorp, I n c . , Jacksonville, I l l i n o i s , for approval to acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of E l l i o t t State Bank, Jacksonville, I l l i n o i s . J j Minneapolis Ashby Bancshares, I n c . , Ashby, Minnesota, for approval to acquire at least 83.6 percent of the voting shares of F i r s t State Bank of Ashby, Ashby, Minnesota. J_/ Minneapolis B e l f i e l d Bancshares, I n c . , B e l f i e l d , North Dakota, for approval t o acquire at least 84.3 percent of the voting shares of The F i r s t National Bank of B e l f i e l d , B e l f i e l d , North Dakota. \J Minneapolis Financial Services of St. Croix F a l l s , I n c . , St. Croix F a l l s , Wisconsin, for approval to acquire at least 92.818 percent of the voting shares of The F i r s t National Bank of St. Croix F a l l s , St. Croix F a l l s , Wisconsin. J / Minneapolis Glendive Bancorporation, I n c . , Glendive, Montana, for approval to acquire at least 83.1 percent of the voting shares of F i r s t F i d e l i t y Bank, Glendive, Montana. J_/ 1J Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 10 ACTIONS OF THE BOARD - Continued Minneapolis Noble Bank Holding Company, I n c . , Red Wing, Minnesota, for approval to acquire at least 91.2 percent of the voting shares of The F i r s t State Bank of Red Wing, Red Wing, Minnesota. ]_/ Minneapolis Security Bancshares, I n c . , Dunseith, North Dakota, for approval to acquire 100 percent of the voting shares of Security State Bank of Dunseith, Dunseith, North Dakota. J / Kansas City F i r s t National Columbus Bancorp, Columbus, Nebraska, for approval to acquire at least 97.7245 percent of the voting shares of F i r s t National Bank and Trust Company, Columbus, Nebraska. V Kansas City Kersey Bancorp, I n c . , Kersey, Colorado, for approval to acquire at least 80 percent of the voting shares of Kersey State Bank, Kersey, Colorado. J_/ Kansas City Valley Bancorp, I n c . , Hopkins, Missouri, for approval to acquire at least 96.72 percent of the voting shares of Thirty-Three Venturers, I n c . , Hopkins, Missouri and i n d r e c t l y Valley Bank, Hopkins, Missouri. J / Dallas F i r s t Comanche Bancshares, I n c . , Comanche, Texas, for approval to acquire 100 percent of the voting shares of F i r s t Comanche Bank, Comanche, Texas. J / Dallas F o l l e t t Bancshares, I n c . , F o l l e t t , Texas, for approval to acquire at least 80 percent of the voting shares of The F o l l e t t National Bank, F o l l e t t , Texas. J / Dallas Plainview F i r s t National Bancshares, I n c . , Plainview, Texas, for approval to acquire 80 percent or more of the voting shares of F i r s t National Bancshares, I n c . , Plainview, Texas and i n d i r e c t l y acquire F i r s t National Bank of Plainview, Plainview, Texas. 1/ * J7 * * * * Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 -11 ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Dallas Richmond Withdrawn Bank S e c u r i t i e s , I n c . , Albuquerque, New Mexico, for approval t o acquire 100 percent of the voting shares of International State Bank, Raton, New Mexico. J_/ Approved Central F i d e l i t y Banks, I n c . , Richmond, V i r g i n i a , for approval to acquire 100 percent of the voting shares of The Washington County National Bank of Abingdon, Abingdon, V i r g i n i a . \J Chicago F i r s t American Bank Corporation, Kalamazoo, Michigan, for approval to acquire 100 percent of the voting shares of Huron County Bank, Harbor Beach, Michigan. 1_/ Chicago Harris Bankcorp, I n c . , Chicago, I l l i n o i s , for approval to acquire 100 percent of the voting shares (less d i r e c t o r s ' q u a l i f y i n g shares) of the successor by merger to Rose He State Bank and Trust Company, Roselle, I l l i n o i s . ] / Chicago Peoples Bancshares, L t d . , Waterloo, Iowa, for approval to acquire at least 80 percent of the voting shares of Melbourne Savings Bank, Melbourne, Iowa. J / Chicago Transworld Corporation, Lake Forest, I l l i n o i s , for approval to acquire up t o 33 percent of the voting shares of Dempster Plaza State Bank, Niles, I l l i n o i s . ]_/ Kansas City Central Bancorporation, I n c . , Central Colorado Company, and C.C.B., I n c . , Denver, Colorado, for approval t o acquire 100 percent of the voting shares of Central Bank of Chatfield, N.A., L i t t l e t o n , Colorado, which i s the successor by merger to Chatfield Bank, L i t t l e t o n , Colorado. JJ Kansas City Colorado National Bankshares, I n c . , Denver, Colorado, for approval to acquire 100 percent of the voting shares of The Exchange National Bank of Colorado Springs, Colorado Springs, Colorado. 1/ T7 Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 -12ACTIONS OF THE BOARD - Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Approved F i r s t American Bank Corporation, Kalamazoo, Michigan, for approval to merge with Mid Michigan Bank Corporation, Gladwin, Michigan and i n d i r e c t l y acquire Mid Michigan Bank, Gladwin, Michigan. J / Chicago Chicago Peoples Bancshares, L t d . , Waterloo, Iowa, for approval to merge with K-S Banco, I n c . , Waterloo, Iowa and i n d i r e c t l y acquire 100 percent of the voting shares of Kellogg-Sully Bank & Trust, Kellogg, Iowa. J / * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Boston Approved BankEast Corporation, Manchester, New Hampshire, for approval t o establish a de novo branch o f f i c e of BankEast Guaranty Savings Bank, Salem, New Hamps h i r e , in Pel ham, New Hampshire. _]_/ Atlanta Citizens and Southern Georgia Corporation, Atlanta, Georgia, for approval to acquire Oglethorpe Loan Company, Savannah, Georgia, a company that engages in making loans, and insurance agent a c t i v i t i e s through a merger with Family Credit Services, I n c . , which has applied to engage de novo in making loans, servicing loans, and insurance activities, j / San Francisco BankAmerica Corporation, San Francisco, C a l i f o r n i a , for approval to engage through i t s subsidiary BA Mortgage and International Realty Company, San Francisco, C a l i f o r n i a , in the a c t i v i t y of arranging equity financing for certain types of income-producing properties. T7 Application processed on behalf of the Board of Governors under delegated authority. H.2, 1982 No. 36 -13ACTION OF THE BOARD - Continued San Francisco Kansas City Boston New York U.S. Bancorp, Portland, Oregon, for approval to acquire through i t s wholly-owned subsidiary, U.S. Bancorp Financing, I n c . , Portland, Oregon, 100 percent of the voting shares of Pueblo Beneficial Industrial Bank, Pueblo, Colorado; Colorado Springs Beneficial Indust r i a l Bank, Colorado Springs, Colorado; and Trinidad Beneficial I n d u s t r i a l Bank, Trinidad, Colorado and engage in the a c t i v i t i e s of making consumer loans issuing t h r i f t c e r t i f i c a t e s , servicing loans, and s e l l i n g c r e d i t - r e l a t e d insurance. J / Delayed Jent, I n c . , G r i n n e l l , Kansas, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s ' ( m a k i n g , for i t s own account or for the account of others, loans and other extensions of c r e d i t including issuing l e t t e r s of c r e d i t and accepting d r a f t s ) at 404 E. Front, Oakley, Kansas, serving an area within a f i f t e e n mile radius of the communities of Oakley and G r i n n e l l , Kansas (9/3/82) 3/ Permitted Chittenden Corporation, Burlington, Vermont, n o t i f i cation of intent to engage in de novo a c t i v i t i e s ( i n providing management consulting advice to nona f f i l i a t e d bank and nonbank depository i n s t i t u t i o n s , including commercial banks, savings and loan associa t i o n s , mutual savings banks, c r e d i t unions, i n d u s t r i a l banks, Morris Plan banks, cooperative banks and i n d u s t r i a l loan companies, on an e x p l i c i t fee basis; such an a c t i v i t y would be l i m i t e d to advising c l i e n t s and would not include performing tasks or conducting operations on a d a i l y or continuing basis) at Two Burlington Square, Burlington, Vermont, serving the State of Vermont, through i t s subsidiary, Chittenden Consulting Corporation (9/4/82) _3/ The Chase Manhattan Corporation, New York, New York, requests permission to establish a de novo o f f i c e engaging in the following a c t i v i t i e s (making or acquiring, for i t s own account or for the account of T7 Application processed on behalf of the Board of Governors under delegated a u t h o r i t y . _3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 198k No. 36 - 14 ACTIONS OF THE BOARD - Continued others, loans and other extensions o f c r e d i t such as would be made by a commercial finance, equipment finance or factoring company, including factoring accounts receivable, making advances and over-advances on receivables and inventory and business installment lending as well as unsecured commercial loans; serv i c i n g loans and other extensions o f c r e d i t ; leasing personal property on a f u l l payout basis ana i n accordance with the Board's Regulation Y, or acting as agent, broker or advisor in so leasing such prop e r t y , including the leasing of motor vehicles) at Knoll Center, Suite 3000, 4000 MacArthur Boulevard, Newport Beach, C a l i f o r n i a , serving the States o f C a l i f o r n i a , Arizona, Idaho, Nevada, Oregon and Washington, through i t s subsidiary, Chase Commercial Corporation (9/3/82) 3/ New York Chemical few York Corporation, New York, New York, requests permission to relocate an e x i s t i n g o f f i c e engaging in the following a c t i v i t i e s (makiny d i r e c t loans, purchasing installment sales finance contracts , and making available to i t s debtors c r e d i t related insurance) from 22469 Shore Center Drive t o 27801 Euclid A/enue, Euclid, Ohio, serving the c i t y o f Euclid and i t s environs, through i t s subsidiary, Sunamerica Financial Corporation (8/29/82) 3 / New York C i t i c o r p , New York, New York, requests permission t o establish a de novo o f f i c e engaging in the following a c t i v i t i e s (the sale of United States d o l l a r and foreign-oenominated travelers checks) at Houston Intercontinental A i r p o r t , Houston, Texas, through i t s subsidiary, C i t i c o r p (USA), Inc. (9/3/82) 3 / New York C i t i c o r p , New York, New York, requests permission t o establish f i v e de novo o f f i c e s engaging in the following a c t i v i t i e s (the making or acquiring o f loans and other extensions o f c r e d i t , secured or unsecured, f o r consumer and other extensions of c r e d i t , secured or unsecured, f o r consumer and other purposes; the extension of loans to dealers f o r the financing of inventory [ f l o o r planning] and w r k i n g capital purposes; the purchasing and serv i c i n g f o r i t s own account o f sales finance contracts; the sale of c r e d i t related l i f e and accident and health or decreasing or level [ i n the case o f single 3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf o f the Board of Governors under delegated a u t h o r i t y . # H.2, 1982 No. 36 - 15 ACTIONS OF THE BOARD - Continued payment loans] term l i f e insurance by licensed agents or brokers, as required; the issuing of t h r i f t c e r t i f icates and t h r i f t passbook c e r t i f i c a t e s ; the sale of consumer oriented fi n a n ci a l management courses; and the servicing, for any person, of loans and other extensions of c r e d i t , the service area for each of the o f f i c e s would be comprised of the e n t i r e State of C a l i f o r n i a ; c r e d i t related l i f e accident and health insurance may be w r i t t e n by Family Guardian L i f e Insurance Company, an a f f i l i a t e of C i t i c o r p Person to-Person T h r i f t , Inc.) at 1400 Camino De La Reina, San Diego, C a l i f o r n i a ; University Towne Center, 4525 La J o l l a Village D r . , San Diego, C a l i f o r n i a ; Chula Vista Square, 542 Broadway, Suite M, Chula V i s t a , C a l i f o r n i a ; 362 West Mission Avenue, Escondido, California and 434 Fletcher Parkway, El Cajon, C a l i f o r n i a , through i t s subsidiary, Citicorp Person-to-Person T h r i f t , Inc. (8/28/82) V New York I r v i n g Bank Corporation, New York, New York, n o t i f i cation of intent to engage in de novo a c t i v i t i e s (the a c t i v i t y of reinsuring certain types of l i f e and accident and health insurance sold in connection with extensions of c r e d i t by Applicant's banking subsidiaries in the State of New York) at 1421 East Thomas Road, Phoenix, Arizona, through a wholly-owned subsidiary, Irving L i f e Insurance Company (8/29/82) y Philadelphia Philadelphia National Corporation, Philadelphia, Pennsylvania, n o t i f i c a t i o n of intent t o engage in de novo a c t i v i t i e s ( i n commercial finance and factoring a c t i v i t i e s including the s o l i c i t a t i o n and making of loans to businesses and corporations secured by accounts receivable, inventory, machinery and equipment and/or other commercial finance c o l l a t e r a l and the factoring of accounts receivable) at 400 MacArthur Boulevard, Newport Beach, C a l i f o r n i a , serving Orange County, C a l i f o r n i a , through i t s subsidiary, Congress Financial Corporation (9/3/82) 3/ Minneapolis Montana Bancsystem, I n c . , B i l l i n g s , Montana, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s ( i n bookkeeping and data processing a c t i v i t i e s , including the operation of data processing departments to provide data processing services to i t s member banks and nona f f i l i a t e d banks) at the F i r s t National Montana Bank 3/ 4(c)(8) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . I # # H.2, 1982 No. 36 - 16 ACTIONS OF THE BOARD - Continued of Missoula, Front and Higgins, Missoula, Montana and at 201 North Broadway, B i l l i n g s , Montana, serving the State of Montana (8/30/82) 3/ Kansas City F i r s t Oklahoma Bancorporation, I n c . , Oklahoma C i t y , Oklahoma, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (making or acquiring loans and other extensions of c r e d i t such as would be made by a commerc i a l finance company, including commercial loans secured by a borrower's inventory, accounts receivable, or other assets; servicing such loans for others; and making leases of personal property in accordance with the Board's Regulation Y) at 120 North Robinson, Oklahoma C i t y , Oklahoma, serving Oklahoma, Kansas, Arkansas, Missouri, Colorado, New Mexico, Texas, and Louisiana, through i t s subsidiary, F i r s t Oklahoma Commercial Corporation (9/3/82) 3/ Dallas F i r s t City Financial Corporation, Albuquerque, New Mexico, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (making or acquiring loans or extensions of c r e d i t such as would be made by a commercial bank or commercial finance company) at 4665 Indian School Road, NE, Albuquerque, New Mexico, serving New Mexico (9/3/82) 3/ San Francisco Crocker National Corporation, San Francisco, C a l i f o r n i a , Midland Bank pic and Midland California Holdings Limited, both of London, England, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (in mortgage banking a c t i v i t i e s including o r i g i nating mortgage loans on single and m u l t i - f a m i l y residential properties and commercial nonresidential properties, s e l l i n g the mortgage loans to permanent investors, and servicing the loans on behalf of investors who purchase them and assisting developers and builders in obtaining construction loans and other types of development loans; acquiring from others, for i t s own account or for the account of others, e n t i r e or p a r t i a l interests in real estate loans and extensions of c r e d i t secured by real estate including i n t e r i m , construction, development and long-term real estate loans and related s e c u r i t y ; acquiring, holding and disposing o f , for i t s own account or the account of others, notes, bonds, debentures, pass-through 2? 4(c)(8) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . e H.2, 1982 No. 36 -17ACTIONS OF THE BOARD - Continued c e r t i f i c a t e s , or other similar instruments which are secured or backed d i r e c t l y or i n d i r e c t l y by i n t e r e s t s in real estate or in extensions of real estate c r e d i t ; leasing real property in accordance with the provisions of Section 225.4(a)(6) of Regulation Y; acting as agent, broker or advisor to any person or e n t i t y in connection with transactions of the types described above; and servicing real estate loans and other extensions of real estate c r e d i t owned by others) at 4101 McEwen Street, Suite 209, Dallas, Texas, serving the United States, through a subsidiary, Crocker Mortgage Company, Inc. (8/29/82) 3/ San rrancisco F i r s t Interstate Bancorp, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (in investment or financial advisory a c t i v i t i e s to the extent of ( i ) serving as the advisory company for a mortgage or real estate investment t r u s t ; ( i i ) serving as investment adviser, as defined in section 2(a)(20) of the Investment Company Act of 1940, to an investment company registered under that Act; ( i i i ) providing p o r t f o l i o investment advice to any other person; ( i v ) furnishing general economic information and advice, general economic s t a t i s t i c a l forecasting services and industry studies; and (v) providing financial advice to State and local governments, such as with respect to the issuance of t h e i r s e c u r i t i e s ) at 320 Gold Avenue, S.W., in Albuquerque, New Mexico, serving the f i f t y states, through i t s subsidiary, Western Asset Management Company (8/31/82) 3/ San Francisco Security Pacific Corporation, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (making or acquiring for i t s own account or for the account of others, loans and extensions of c r e d i t , including making consumer installment personal loans, purchasing consumer installment sales finance contracts, making loans to small businesses and other extensions of c r e d i t such as would be made by a factoring company or d consumer finance company, and acting as broker or agent for the sale of c r e d i t l i f e and c r e d i t accident and health insurance) at One Cherry H i l l , Cherry H i l l , New Jersey, serving the State of New Jersey, through i t s subsidiary, Security Pacific Finance Corp. (9/3/82) 3/ 17 «(cj(b) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 18 - ACTIONS OF THE BOARD - Continued San Francisco TJ ~ Wells Fargo & Company, San Francisco, C a l i f o r n i a , n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s ((1) making loans and extensions of c r e d i t primarily to corporations, individuals or partnerships engaged in a g r i c u l t u r a l production, d i s t r i b u t i o n , processing, or other a g r i c u l t u r a l a c t i v i t i e s ; (2) servicing the loans or extensions of c r e d i t described in (1) above including loan p a r t i c i p a t i o n s with other lenders) in Spokane, Washington, serving the e n t i r e United States, however, w i l l primarily focus on Washington, Oregon, Idaho, California and Nevada, through i t s subsidiary, Wells Fargo Ag Credit (9/1/82) 3/ 4(c)(8) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y . H.2, 1982 No. 36 - 19 APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act New York Hempstead Bank, Hempstead, New York. To establish 39 o f f s i t e electronic f a c i l i t i e s in various New York State communities. 2J New York State Bank of Albany, Albany, New York. To establish 37 o f f s i t e electronic f a c i l i t i e s in various New York State communities. 2J Richmond Bank of V i r g i n i a , Richmond, V i r g i n i a . To establish a customer bank communication terminal at 6717 Old Dominion Drive, McLean, Fa 1 fax County, V i r g i n i a . 2J Chicago Bankers Trust Company, Des Moines, Iowa. To establish an ATM to be located at Carriere B u i l d i n g , 601 Locust, Des Moines, Iowa. 2J Chicago The De Kalb Bank, De Kalb, I l l i n o i s . To establish an o f f s i t e electronic f a c i l i t y at 125 North Annie Glidden Road, De Kalb, I l l i n o i s . 2J San Francisco Valley Bank of Nevada, Las Vegas, Nevada. Branch o f f i c e to be located in the v i c i n i t y of M i l l Street and Corporate Blvd., Reno, Washoe County, Nevada. 2J * * * * * To Become a Member of the Federal Reserve System Pursuant t o Section 9 of the Federal Reserve Act Philadelphia Chemical Bank (Delaware), Wilmington, Delaware. 2/ * 77 * * * * Application subject to Community Reinvestment Act. The Community A f f a i r s Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 36 - 20 APPLICATION RECEIVED - Continued Applications and N o t i f i c a t i o n s for International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended New York Chase Manhattan Overseas Banking Corporation, Newark, Delaware: prior n o t i f i c a t i o n of i t s intent to acquire a 65 percent interest in a de novo fi n a n ci a l leasing company, P.T. Chase Leasing Indonesia, Jakarta, Indonesia. New York The Fuji Bank, Limited, Tokyo, Japan: requests consent to establish an Edge Act Corporation in San Francisco, Calif ornia to be named Fuji Bank International, Inc. New York Marine Midland Banks, I n c . , Buffalo, New York, for approval to acquire 100 percent of the voting shares of International Treasury Management Limited, Hong Kong, B.C.C. Atlanta Banco Latino, C.A., Caracas, Venezuela: requests consent to establish an Edge Corporation in Miami, Florida, to be named Banco Latino I n t e r n a t i o n a l . * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 New York MHC Holding (Delaware) I n c . , Wilmington, Delaware, for approval to acquire 99.99 percent (less d i r e c t o r s ' q u a l i f y i n g shares) of the voting shares of Manufacturers Hanover Bank (Delaware), Wilmington, Delaware, a proposed new bank. 2/ Philadelphia Heritage Financial Services Corporation, Lewistown, Pennsylvania, for approval to acquire 100 percent of the voting shares of The Russell National Bank, Lewistown, Pennsylvania. 2/ Atlanta City Savings Bancshares, I n c . , DeRidder, Louisiana, for approval to acquire 100 percent of the voting shares of City Savings Bank & Trust Company, DeRidder, Louisiana. 2/ 2/ Application subject to Community Reinvestment Act. The Community A f f a i r s Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 36 - 21 APPLICATIONS RECEIVED - Continued Atlanta Dadeland Bancshares, I n c . , Mi ami, Florida, for approval to acquire 100 percent of the voting shares of Dadeland Bank , Miami, Florida. 2J Atlanta Interstate Bank Holding Company, Coral Gables, Florida, for approval to acquire at least 80 percent of the voting shares of The Bank of Coral Gables, Coral Gables, F l o r i d a . 2/ Atlanta Wakulla Bancorp, Crawfordville, F l o r i d a , for approval to acquire at least 80 percent of the voting shares of Wakulla County State Bank, Crawfordville, Florida. 2J St. Louis Grand P r a i r i e Bancshares, I n c . , C a r l i s l e , Arkansas, for approval to acquire at least 80.percent of the voting shares of Citizens Bank & Trust, C a r l i s l e , Arkansas. 2/ St. Louis Southwest I l l i n o i s Bancshares, I n c . , C o u l t e r v i l l e , I l l i n o i s , for approval to acquire 100 percent of the voting shares of the successor by merger to The F i r s t National Bank of C o u l t e r v i l l e , C o u l t e r v i l l e , I l l i n o i s . 2/ Kansas City Citadel Bankshares, I n c . , Wichita, Kansas, for approval to acquire at least 90.12 percent of the voting shares of East Side Bank and Trust, Wichita, Kansas. 2J Kansas City Citizens Bank Services, I n c . , Abilene, Kansas, for approval to acquire at least 91.75 percent of the voting shares of The Citizens Bank of Abilene, Kansas, Abilene, Kansas. 2/ Kansas City Cloud County Bancshares, I n c . , Concordia, Kansas, for approval to acquire 99.67 percent of the voting shares of Cloud County Bank and Trust, Concordia, Kansas. 2J Kansas City Cook Investment, I n c . , Beatrice, Nebraska, for approval to acquire 80.72 percent of Beatrice National Corporation, Beatrice, Nebraska and i n d i r e c t l y The Beatrice National Bank and Trust Company, Beatrice, Nebraska. ZJ Kansas City F i r s t Frankfort Bancshares, I n c . , Frankfort, Kansas, for approval to acquire at least 80 percent of the voting shares of F i r s t National Bank of Frankfort, Frankfort, Kansas. 2/ 77 Application subject to Community Reinvestment Act. The Community A f f a i r s O f f i c e r of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1982 No. 36 -22APPLICATIONS RECEIVED - Continued Kansas City Harper Bancshares, I n c . , Harper, Kansas, for approval to acquire 100 percent of the voting shares of F i r s t National Bank in Harper, Harper, Kansas. 2J Kansas City Lebo Bancshares, I n c . , Lebo, Kansas, for approval to acquire at least 82.92 percent of the voting shares of The State Bank of Lebo, Lebo, Kansas. 2J Kansas City Pioneer Bank Shares, Evanston, Wyoming, for approval to acquire at least 80 percent of the voting shares of Pioneer Bank of Evanston, Evanston, Wyoming. 2/ Kansas City Plainview Holding Co., Plainview, Nebraska, for approval to acquire at least 80 percent of the voting shares of Plainview National Bank, Plainview, Nebraska. 2J Dallas Rochester Bancshares, I n c . , Rochester, Texas, for approval to acquire at least 83.6 percent of the voting shares of The Home State Bank, Rochester, Texas. 2/ To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 New York Manufacturers Hanover Corporation, New York, New York, for approval to acquire, indirectly through its wholly-owned subsidiary, MHC Holding (Delaware) Inc., Wilmington, Delaware, 99.99 percent (less directors' qualifying shares) of the voting shares of Manufacturers Hanover Bank (Delaware), Wilmington, Delaware, a proposed new bank. 2/ Atlanta First Alabama Bancshares, Inc., Montgomery, Alabama, for approval to acquire 100 percent of the voting shares of South Baldwin Bank, Foley, Alabama. 2j Chicago Mid-Central Bancshares Corporation, Charleston, I l l i n o i s , for approval to acquire 51 percent of the voting shares of Ashmore State Bank, Ashmore, I l l i n o i s . 2/ Kansas City First Midwest Bancorp., Inc., St. Joseph, Missouri, for approval to acquire at least 90 percent of the voting shares of The Farmers Bank of Maysville, Maysvilie, Missouri. 2/ 77 ~ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. # # H.2, 198? No. 36 - 23 APPLICATIONS RECEIVED - Continued The F i r s t National Bancorporation, I n c . , Denver, Colorado, for approval to acquire 100 percent of the voting shares of F i r s t National Bank of Highlands Ranch, L i t t l e t o n , Colorado, a de novo bank. 2J L'J ! ' J S f i r s t Bancshares of Texas, I n c . , Longview, Texas, for approval to acquire at least 95.2 percent of the voting shares of The Hamilton National Bank, Hamilton, Texas. 2/ L ' Southwest Bancshares, I n c . , Houston, Texas, for approval to acquire 100 percent of the voting shares of Plaza National Bank, Harlingen, Texas. ?J * * * * * To txpand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956 Atlanta Third National Corporation, Nashville, Tennessee, for approval to acquire 100 percent of the voting shares of Ancorp Bancshares, Inc., Chattanooga, Tennessee, and Indirectly American National Bank & Trust Company, Chattanooga Hamilton Bank of Johnson City. 2/ To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 New York Tj ~ The Chase Manhattan Corporation, New York, New York, requests permission to establish a de novo office engaging In the following activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit secured by real estate Including, but not limited t o , f i r s t and second mortgage loans secured by mortgages on one-to-four family residential properties; servicing loans and other extensions of credit for any person, selling mortgage loans in the secondary market and offering mortgage term Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. # H.2, 1982 No. 36 -24APPLICATIONS RECEIVED - Continued l i f e insurance, accident and health insurance and d i s a b i l i t y insurance d i r e c t l y related to such lending and servicing a c t i v i t i e s ) at 1801 Lee Road, Winter Park, Florida, through i t s subsidiary, Chase Home Mortgage Corporation of the Southeast (9/1/82) New fork Chemical New York Corporation, New York, New York, requests permission to relocate an e x i s t i n g o f f i c e engaging in the following a c t i v i t i e s (operating as an i n d u s t r i a l bank in the manner authorized by the laws of the State of Colorado, including receiving time savings deposits; making d i r e c t loans and purchasing sales finance contracts and such other extensions of c r e d i t as would be made or acquired by an i n d u s t r i a l bank and making available to i t s debtors, c r e d i t related insurance) from 2202 East Bijou Street to 4905 North Union Boulevard, Colorado Springs, Colorado, through i t s subsidiary, SunAmerica Corporation (8/30/82) New York C i t i c o r p , New York, New York, for approval to engage through i t s wholly-owned subsidiary, Citicorp Futures Corporation, in execution and clearance on c e r t a i n commodity exchanges of futures contracts in b u l l i o n , U.S. Government s e c u r i t i e s , foreign exchange, and negotiable money market instruments. New York The Hongkong and Shanghai Banking Corporation, Hong Kong, B.C.C.; K e l l e t t N.V., Curacao, Netherlands A n t i l l e s , HSBC Holdings, B.V., Amsterdam, the Netherlands; and Marine Midland Banks, I n c . , B u f f a l o , New York, for approval t o establish de novo an o f f i c e of ITM in New York City to engage tWough ITM i n providing c e r t a i n foreign exchange information, advice and transaction services. New York The Hongkong and Shanghai Banking Corporation, Hong Kong, B.C.C.; K e l l e t t , N.V., Curacao, Netherlands A n t i l l e s , and HSBC Holdings B.V., Amsterdam, the Netherlands, for approval to acquire i n d i r e c t l y a l l of the outstanding voting shares of Tozer Kemsley and Mil 1 bourn (USA) Holdings, I n c . , New York, New York, and i t s subsidiaries, Tozer Kemsley and M i l l bourn (USA) I n c . , New York, New York, and TKM Mid Americas, I n c . , Coral Gables, F l o r i d a , and thereby t o engage in export financing and related activities. H.2, 1982 No. 36 -25APPLICATIONS RECEIVED - Continued Cleveland Mellon National Corporation, Pittsburgh, Pennsylvania, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (permissible data processing services for the i n t e r nal operations of the holding company and i t subs i d i a r i e s and storing and processing other banking, f i n a n c i a l , or related economic data such as performing p a y r o l l , accounts receivable or payable, or b i l l i n g services in accordance with sections 2 2 5 . 4 ( a ) ( 8 ) ( i ) and ( i i ) o f Regulation Y) at 612 North Michigan Avenue, Chicago, I l l i n o i s , through i t s subsidiary, Mellon Financial Services Corporation (9/3/82} Richmond Maryland National Corporation, Baltimore, Maryland, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (engaging generally in commercial lending operations including, but not l i m i t e d t o , financing of accounts receivable, inventories, and other types of secured and unsecured loans to commercial enterprises; servicing commercial loans for a f f i l i a t e d or n o n a f f i l i a t e d i n d i v i d u a l s , p a r t nerships, corporations or other e n t i t i e s ; and acting as advisor or broker in commercial lending transactions) at 250 North Sunnysi ope Road, Suite 345, Brookfield, Wisconsin, through i t s subsidiary, Maryland National Industrial Finance Corporation (8/30/82) Atlanta Third National Corporation, Nashville, Tennessee, for approval t o acquire 100 percent of the voting shares of Ancorp Insurance Company, Chattanooga, Tennessee. Chicago Hawkeye Bancorporation, Des Moines, Iowa, n o t i f i c a t i o n of intent t o engage in de novo a c t i v i t i e s (making or acquiring loans or other extensions of c r e d i t ; servicing such loans; and acquiring and s e l l i n g p a r t i c i pations in such obligations) at Stephens Building, Seventh and Locust Streets, Des Moines, Iowa, the geographic area to be served w i l l be Iowa (8/27/82) Kansas City United Bancorporation of Wyoming, I n c . , Jackson, Wyoming, for approval to acquire 100 percent of the assets and l i a b i l i t i e s of the Jackson State Insurance Agency, Jackson, Wyoming, an agency which conducts general insurance a c t i v i t i e s in a town with a population of less than 5,000. H.2, 1982 No. 36 - 26 - APPLICATIONS RECEIVED - Continued San Francisco Imperial Bancorp, Englewood, C a l i f o r n i a , for approval to engage in data processing and data transmission a c t i v i t i e s through i t s subsidiary, Imperial Automation, I n c . , from e x i s t i n g o f f i c e s in Costa Mesa, C a l i f o r n i a ; Chicago, I l l i n o i s ; A t l a n t a , Georgia and Dallas, Texas; and proposed o f f i c e s in New York, New York and Seattle, Washington. San Francisco Lloyds Bank International Limited (LBI) London, England, and Lloyds Bank P i c . , London, England, n o t i f i c a t i o n of intent t o engage in de novo a c t i v i t i e s (in the a c t i v i t y of rendering f i n a n c i a l advisory services to companies including advice as to the optimum types of debt or lease financing for a customer and assistance in the obtaining and servicing of such financing from appropriate sources) at 88 Pine Street, New York, New York from which employees of the subsidiary would service the United States, Canada and Central and South America, through a de novo subsidiary of LBI (8/31/82) San Francisco U. S. Bancorp, Portland, Oregon, n o t i f i c a t i o n of intent t o engage in de novo a c t i v i t i e s (the making, acquiring and servicing of loans and other extensions of c r e d i t either secured or unsecured for i t s own account or f o r the account of others, including the making of consumer installment loans, purchasing consumer installment and real estate sales finance contracts and evidences of debt and making consumer home equity loans secured by real e s t a t e , making i n d u s t r i a l loans, and acting as insurance agent with regard t o c r e d i t l i f e and d i s a b i l i t y insurance, solely in connection with extensions of c r e d i t by Bancorp Financial) at the intersection of Boardwalk Drive and Whalers Way i n F t . C o l l i n s , Colorado, the geographic area to be served by the proposed o f f i c e w i l l be the e n t i r e c i t y of F t . C o l l i n s , Colorado, through i t s subsidiary, U. S. Bancorp Financial Inc. d/b/a U. S. Bancorp Financial Services, Inc. (9/4/82) San Francisco Wells Fargo & Company, San Francisco, C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (making or acquiring loans and other extensions of c r e d i t , including consumer installment loans originated by others, and commercial loans secured by a borrower's or a guarantor's assets; servicing loans f o r the account of others making f u l l pay-out leases of personal property in accordance with the Board's Regulation Y; and acting as agent for c r e d i t l i f e or accident and health insurance I # - 27 - H.2, 1982 No. 36 # APPLICATIONS RECEIVED - Continued related to i t s extensions of c r e d i t ) at 12201 Merit Drive, Suite 820, Dallas, Texas, serving Texas, Arkansas, Louisiana, New Mexico, and Oklahoma, through i t s subs i d i a r y , Wells Fargo Credit Corporation (8/31/82) REPORTS RECEIVED None PETITIONS FOR RULEMAKING None.
@FedFRASER