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• • ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (H.2, 1980 No. 36) Actions of the Board; Applications and Reports Received During the Week Ending September 6, 1980 APPLICABLE RESERVE BANK ACTIONS OF THE BOARD Report on bill S. 2800, to provide for full insurance for depositors of public funds in insured banks, thrift institutions, and credit unions; response to request for views of the Board of Governors sent to Senator John Tower. Dallas Anna Bancshares, Inc., Anna, Texas, extension of time to December 9, 1980, within which to consummate the acquisition of The First National Bank of Anna, Anna, Texas. 1/ Kansas City Bancshares of Woodward, Woodward, Oklahoma, extension of time to October 27, 1980, within which to consummate the acquisition of the Bank of Woodward, Woodward, Oklahoma. JL/ Philadelphia First Pennsylvania Corp., Philadelphia, Pennsylvania, extension of time to December 31, 1982, for divestiture of its interest in Freeway Properties, Inc. 1/ Chicago First Woodstock Corp., Woodstock, Illinois, extension of time to September 30, 1980, within which to become a bank holding company through the acquisition of 100 percent of the voting shares of First National Bank of Woodstock, Woodstock, Illinois. 1/ Minneapolis Frazee Bancorporation, Inc., Frazee, Minnesota, extension of time within which to consummate the acquisition of Peoples State Bank, Frazee, Minnesota. 1/ Philadelphia Philadelphia National Corp., Philadelphia, Pennsylvania, extension of time to December 31, 1982, for divestiture of its interest in Bristol Park Association. 1/ Kansas City Salida Corporation, Salida, Colorado, extension of time to November 27, 1980, within which to consummate the acquisition of the Chaffee County Bank, Salida, Colorado. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 - 2 - ACTIONS OF THE BOARD-Continued Boston Shawmut Bank of Boston, N.A., Boston, Massachusetts, extension of time to September 7, 1981, within which to make an additional investment in Atlantic International Bank Limited, London, England. V Chicago WORTH BANCORP., INC., Chicago, Illinois, extension December 12, 1980, within which to become a bank through the acquisition of 80 percent or more of shares of Worth Bank and Trust, Worth, Illinois, engage in insurance activities through a d£ novo Worbank Insurance Agency, Inc. 17 San Francisco Zions Utah Bancorporation, Salt Lake City, Utah, extension of time to December 1, 1980, within which to acquire the controlling interest in Zions First National Bank of Orem, Orem, Utah. 1/ Kansas City Bank of Laramie, Laramie, Wyoming, an investment in bank premises. JL/ Atlanta Central State Bank, Calera, Alabama, an investment in bank premises. V Chicago Citizens Bank & Trust Company, Park Ridge, Illinois, an additional investment in bank premises. JL/ St. Louis City Bank and Trust Company, Hoberly, Missouri, an additional investment in bank premises. V Chicago First State Bank, Manchester, Iowa, an additional investment in bank premises. 1/ Chicago Northridge Bank, Milwaukee, Wisconsin, an investment in bank premises. JL/ Richmond Peoples Bank of Chesterfield, Chesterfield, Virginia, an investment in bank premises. 1/ Chicago Pinney State Bank, Cass City, Michigan, extension of time to March 14, 1981, within which to establish a branch at 6669 Main Street, Cass City, Michigan. 1/ Kansas City Fidelity State Bank and Trust, Aurora, Colorado (a proposed new bank), extension of time to October 30, 1980, within which it may complete its application for membership in the Federal Reserve System. 1/ 17 of time to holding the voting and to subsidiary, Application processed on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 - 3 ACTIONS OF THE BOARD-Continued Kansas City Valley State Bank, Baggs, Wyoming (a proposed new bank), extension of time to February 27, 1981, within which to complete its membership in the Federal Reserve System, JL/ Richmond Citizens and Southern National Bank of South Carolina, Charleston, South Carolina, proposal to purchase the assets and assume the liabilities of Colonial State Bank, Inc., Marion, South Carolina; report to the Comptroller of the Currency on competitive factors. V Philadelphia City National Bank and Trust Company of Salem, New Jersey, proposed merger with Second City National Bank and Trust Company, Salem, New Jersey, under the title of The City National Bank and Trust Company of Salem; report to the Comptroller of the Currency on competitive factors. 1/ Philadelphia Fidelity National Bank of Pa., Williamsport, Pennsylvania, proposed consolidation with Commonwealth Bank and Trust Company, Muncy, Pennsylvania, under the title of Commonwealth Bank and Trust Company, N.A.; report to the Comptroller of the Currency on competitive factors. 1/ Philadelphia Grange National Bank of Lycoming County, Hughesville, Pennsylvania, proposed merger with the Bank of Central Pennsylvania, Montoursville, Pennsylvania, under the title of Bank of Central Pennsylvania; report to the Federal Deposit Insurance Corporation on competitive factors. JL/ Dallas Guaradian Bank of Houston, Houston, Texas, proposed merger with New Guardian Bank of Houston, Houston, Texas; report to the Federal Deposit Insurance Corporation on competitive factors. i/ Dallas Houston United Bank, Houston, Texas, proposed merger with New Houston United Bank, Houston, Texas; report to the Federal Deposit Insurance Corporation on competitive factors. \J San Francisco Security Bank of Logan, N.A., Logan, Utah, proposed merger with First Security Bank of Utah, N.A., Ogden, Utah; report to the Comptroller of the Currency on competitive factors. 1/ San Francisco Wells Fargo Bank, N.A., San Francisco, California, extension of time within which to establish an initial branch in Argentine. JV Richmond Issuance of a subordinated capital note by Peoples Bank of Danville, Danville, Virginia. 1/ 1/ Application processed on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 - 4 ACTIONS OF THE BOARD-Continued To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act New York Approved Manufacturers and Traders Trust Company, Buffalo, New York. To establish an offsite electronic facility at the Linde Division of the Union Carbide Corporation, East Park Drive/ Woodward Avenue, Tonawanda, Erie County, New York. V & 2/ Cleveland The Fifth Third Bank, Cincinnati, Ohio. Branch to be established at Wessel Drive, Fairfield, Ohio. V & 2J Atlanta Flagship Bank of Tampa, Tampa, Florida. Branch to be established at 9300 North 56th Street, Temple Terrace, Florida. 1/ & 2/ Atlanta Gulf Coast Bank of Pinellas, Madeira Beach, Florida. Branch to be established at the intersection of Gould Street and Missouri Avenue, Clearwater, Florida. 1/ & 2/ * * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act San Francisco Approved Farmers and Merchants Bank, Forest Grove, Oregon. 1/ & 2J * * * * * To Organize, or Invest in, a Corporation Doing Foreign Banking and Other Foreign Financing Pursuant to Section 25 or 25(a) of the Federal Reserve Act Chicago 17 2/ Approved Algemene Bank Nederland N.V., Amsterdam, The Netherlands: grants consent to establish a wholly-owned Edge Act corporation to be known as ABN Bank International USA Inc., Chicago, Illinois with branches in Houston, Texas and Miami, Florida. Application processedon behalf of the Board of Governors under delegated authority. Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. I H.2, 1980 No. 36 - 5 - ACTIONS OF THE BOARD-Continued Applications and Notifications 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 Sixty Day Notification Period Allowed to Expire Morgan Guaranty International Finance Corporation, New York, New York: no objection to acquie 50 percent of the shares of Banco Morgan BHC S.A., a <le novo commercial bank to be located in Santiago, Chile. * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Chicago Chicago Approved AETNA BANCORP, INC., Chicago, Illinois, for approval to acquire 80 percent of the voting shares of Aetna Bank, Chicago, Illinois. 1/ & 2/ First Decatur Bancshares, Inc., proval to acquire 100 percent directors' qualifying shares) to The First National Bank of 1/ & 2/ Decatur, Illinois, for apof the voting shares (less of the successor by merger Decatur, Decatur, Illinois. Chicago Lincoln S.B. Corp., Lincoln, Illinois, for approval to acquire 75 percent or more of the voting shares of State Bank of Lincoln, Lincoln, Illinois. 1/ & If St. Louis Shelbyville Bancshares, Inc., Shelbyville, Missouri, for approval to acquire 80 percent of the voting shares of The Citizens Bank, Shelbyville, Missouri. JL/ & 2/ St. Louis Tradwater Bancshares, Inc., Providence, Kentucky, for approval to acquire 84.12 percent of the voting shares of Providence State Bank, Providence, Kentucky. 1/ & 2/ T7 2J Application processed on behalf of the Board of Governors under delegated authority. Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 6 - ACTIONS OF THE BOARD-Continued Minneapolis Continental Bancshares, Inc., Minneapolis, Minnesota, for approval to acquire 80 percent of the voting shares of Gambles Continental State Bank, St# Paul, Minnesota. 1/ & 2/ Minneapolis NORLO, INC., Prior Lake, Minnesota, for approval to acquire 86 percent of the voting shares of Prior Lake State Bank, Prior Lake, Minnesota. V & 2/ Kansas City Adams Bankcorp, Inc., Northglenn, Colorado, for approval to acquire 80 percent or more of the voting shares of Adams County Bank, Northglenn, Colorado. 1/ & 2/ Kansas City Exchange BancShares, Inc. of St. Paul, St. Paul, Kansas, for approval to acquire 80 percent of the voting shares of The Exchange State Bank of St. Paul, Kansas, St. Paul, Kansas. 1/ & 2/ Kansas City Farmers Bancshares of Cordell, Inc., Cordell, Oklahoma, for approval to acquire 80 percent or more of the voting shares of The Farmers National Bank of Cordell, Cordell, Oklahoma. 1/ & 2/ Kansas City Peoples Bancshares of Belleville, Inc., Belleville, Kansas, for approval to acquire 80 percent of the voting shares of The Peoples National Bank of Belleville, Belleville, Kansas. 1/ & 2/ Kansas City Republic Bancshares, Inc., Oklahoma City, Oklahoma, for approval to acquire 80 percent of the voting shares of Republic Bank, Oklahoma City, Oklahoma. 1/ & 2J Dallas Bosque Corporation, Meridian, Texas, for approval to acquire 80-99 percent of the voting shares (less directors1 qualifying shares) of Bosque County Bank of Meridian, Meridian, Texas. 1/ & 2/ Dallas Guardian Bancshares, Inc., Houston, Texas, for approval to acquire 100 percent of the voting shares (less directors1 qualifying shares) of Guardian Bank of Houston, Houston, Texas. 1/ & 2/ 1/ 2/ Application processed on behalf of the Board of Governors under delegated authority. Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1980 No. 36 - 7 ACTIONS OF THE BOARD-Continued Dallas Houston United Bancshares, Inc., Houston, Texas, for approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of Houston United Bank, Houston, Texas. 1/ & 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 New York Atlanta Kansas City Suspended Citicorp, New York, New York, for approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of Citibank (South Dakota), N.A., Sioux Falls, South Dakota, a proposed new bank. 2/ Approved Metropolitan Bancorporation, Tampa, Florida, for approval to acquire 86 percent of the voting shares of The Farmers Bank of Malone, Malone, Florida. 1/ & 2/ Mid America Bancshares, Inc., Wichita, Kansas, for approval to acquire Seneca Bancshares, Inc., Wichita, Kansas and thereby acquiring 98 percent (less directors' qualifying shares) of the voting shares of The Bank of Mid America, Wichita, Kansas. 1/ & 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 New York 1/ If Withdrawn Barclays Bank Limited and Barclays Bank International Limited, both of London, England, notification of intent to relocate de novo activities (making direct consumer loans and purchasing of sales finance contracts representing extensions of credit such as would be made or acquired by a consumer finance company and wholesale Application processed on behalf of the Board of Governors under delegated authority. Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1980 No. 36 - 8 - ACTIONS OF THE BOARD-Continued financing (floor planning); and acting as agent for the sale of related credit life* credit accident and health and credit property insurance) from 101 East Chicago Road, Sturgis, Michigan to 208 South Detroit, LaSrange, Indiana, through their subsidiary, BarclaysAmericanCorporation (9/3/80) 3/ Chicago Approved R & B Management Corporation, Washington, Illinois, for approval to continue to engage in leasing personal property. 1/ Kansas City Bushton Investment Company, Hays, Kansas, for approval to continue to engage in general insurance agency activities on the premises of its subsidiary bank, The Bushton State Bank of Bushton, Bushton, Kansas, a community of less than 5,000 population. 1/ Kansas City DuRoc Investment Company, Table Rock, Nebraska, for approval to continue to engage in general Insurance agency activities in a community of less than 5,000 population. JL/ Kansas City New York JL/ 3/ Reactivated Midland Capital Co., Oklahoma City, Oklahoma, notification of intent to engage in jie novo activities (to engage in mortgage banking activities) at 2111 East Baseline, Tempe, Arizona, through its subsidiary, Midland Mortgage Co. (9/3/80) 3/ Permitted Citicorp, New York, New York, notification of intent to engage in de novo activities (making or acquiring loans and other extensions of credit, secured or unsecured, for consumer and other purposes; purchasing and servicing for its own account sales finance contracts and the extension of loans to dealers for the financing of inventory (floor planning) and working capital purposes) at 5310 East 31st Street, Tulsa, Oklahoma, through its subsidiary, Citicorp Personto-Person Financial Center, Inc. (9/5/80) 3/ Application processed on behalf of the Board of Governors under delegated authority. 4(c)(8) or 4(c)(12) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 ACTIONS OF THE BOARD-Continued Cleveland Mellon National Corporation, Pittsburgh, Pennsylvania, notification of intent to engage in de novo activities (mortgage banking activities including acting as insurance agent with respect to the sale of credit life insurance and/or mortgage redemption insurance) at 6600 Louisdale Road, Springfield, Virginia, through its subsidiary, Mellon Mortgage Inc. - East (9/2/80) 3/ Atlanta First Railroad & Banking Company of Georgia, Augusta, Georgia, notification of Intent to engage in de novo activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit principally consisting of insurance premium financing) at 1320 E. Morehead Street, Charlotte, North Carolina, through a subsidiary, CMC Group, Inc. and its subsidiary, Capitol Premium Plan, Inc. (9/5/80) 3/ Kansas City Midland Capital Co., Oklahoma City, Oklahoma, notification of intent to engage in de novo activities (to engage in mortgage banking activities) at 7002 Moody Street, Suite 205, La Palma, California, through its subsidiary, Midland Mortgage Co. (9/4/80) 3/ Kansas City Midland Capital Co., Oklahoma City, Oklahoma, notification of intent to engage in de novo activities (to engage in mortgage banking activities) at 2111 East Baseline, Tempe, Arizona, through its subsidiary, Midland Mortgage Co. (9/4/80) 3/ San Francisco Orbanco Financial Services Corporation, Portland, Oregon, notification of intent to engage in de novo activities (storing and processing banking, financial, or related economic data such as performing payroll, accounts receivable or payable, or billing services) at 1150 Knutson Avenue, Building B, Unit 1, Medford, Oregon, through its wholly-owned subsidiary, American Data Services, Inc. (9/4/80) 3/ San Francisco Orbanco Financial Services Corporation, Portland, Oregon, notiflcation of intent to engage in de novo activities (making or acquiring, for its own account or for the account of others, mortgage loans or other extensions of credit, servicing loans and other extensions of credit for any person; and acting as insurance agent or broker for any credit life insurance that 3/ ~~ 4(c)(8) or 4(c)(12) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 — 10 — ACTIONS OF THE BOARD-Continued is directly related to an extension of credit by it, originating conventional mobile home loans and mobile home loans insured by the Federal Housing Administration or guaranteed by the Veterans Administration for sale to financial institutions, the Federal National Mortgage Association, or mortgage-backed securities guaranteed by the Government National Mortgage Association; servicing such mobile home loans for its investors by collecting payments, periodically inspecting collateral, and supervising repossessions in the event of unremedied defaults; and related wholesale financing of mobile homes) at 5401 Kirkman Road, Suite 780, Orlando, Florida, through its subsidiary, Fort Wayne Mortgage Co. (9/4/80) 3/ San Francisco Rainier Bancorporation, Seattle, Washington, notification of intent to engage in de novo activities (making or acquiring, for its own account or for the account of others, loans or other extensions of credit) in Portland, Oregon, through its subsidiary, Rainier Mortgage Company (9/1/80) 3/ San Francisco Security Pacific Corporation, Los Angeles, California, notification of intent to engage in de novo activities (making, acquiring and servicing loans and other extension of credit; selling and issuing investment certificates; and acting as agent for the sale of credit related life, credit related accident and health and credit related property insurance) in Huntington Beach, Laguna Hills, Los Angeles, and Pasadena, California, through its indirect subsidiary, Security Pacific Finance Money Center, Inc. (9/7/80) 3/ 57 4Xc)(8) or 4(c)(12) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. a.2, 1980 No, 36 - 1 1 - APPLICATIONS RECEIVED To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Philadelphia Girard Bank, Bala Cynwyd, Pennsylvania. To establish nine offsite electronic facilities at seven stores in Pennsylvania at the following locations: 220 East Street Road, Warminister; 3224 Byberry Road, Philadelphia; 1837 York Road, Abington; 932 Street Road, Southampton; 2711 Easton Road, Willow Grove; 917 Lincoln Avenue, Prospect Park; 317 West County Line Road, Hatboro; 171 Bishop Avenue, Clifton Heights and 2364 Street Road, Cornwell Heights. 2\J Philadelphia Girard Bank, Bala Cynwyd, Pennsylvania. To establish an offsite electronic facility at the Smith Kline Building, 1500 Spring Garden Street, Philadelphia, Pennsylvania. 2/ Cleveland The Toledo Trust Company, Toledo, Ohio. Branch to be established at 1077 Louisiana Avenue, Perysburg, Wood County, Ohio. 2/ Richmond The Northern Virginia Bank, Springfield, Virginia. Branch to be established at Featherstone Square Shopping Center, 14529 Jefferson Davis Highway, Woodbridge, Prince William County, Virginia. 2/ San Francisco United California Bank, Los Angeles, California. Branch to be established at the southwest corner of Los Robles Avenue and Cordova Street in Pasadena, Los Angeles County, California. 2/ * * * * * To Establish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act New York 2/ Morgan Guaranty International Bank, Miami, Florida: requests consent to establish an initial branch in Nassau, Bahamas. Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. H.2, 1980 No. 36 - 1 2 - APPLICATIONS RECEIVED-Contlnued To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Atlanta ANB Bankshares, Inc., Brunswick, Georgia, for approval to acquire 100 percent of the voting shares of the succesor by merger to American National Bank of Brunswick, Brunswick, Georgia. 2/ Chicago B.O.Y. BANCORP, INC., Yorkville, Illinois, for approval to acquire at least 80 percent of the voting shares of The Bank of Yorkville, Yorkville, Illinois. 27 Chicago Erie Bancorp., Inc., Erie, Illinois, for approval to acquire 86.375 percent of the voting shares of Erie State Bank, Erie, Illinois. 2/ Chicago Heritage Racine Corporation, Racine, Wisconsin, for approval to acquire 80 percent of the voting shares of Heritage Bank and Trust, Wind Point, Wisconsin, Heritage National Bank of Racine, Racine, Wisconsin and Heritage Bank-Mt. Pleasant, Mt. Pleasant Township (P.O. Racine), Wisconsin. 2J Chicago SPRINGVILLE BANSHARES CORP., Anamosa, Iowa, for approval to acquire 92 percent or more of the voting shares of The Exchange State Bank, Springville, Iowa. 2/ Minneapolis Badger Bancshares, Inc., Badger, Minnesota, for approval to acquire 84.83 percent of the voting shares of Badger State Bank, Badger, Minnesota. 2/ Minneapolis Chanhassen Financial Services, Inc., Chanhassen, Minnesota, for approval to acquire 94.95 percent of the voting shares of State Bank of Chanhassen, Chanhassen, Minnesota. 2/ Kansas City Coweta Bancshares, Inc., Coweta, Oklahoma, for approval to acquire 90 percent of the voting shares of The Security National Bank, Coweta, Oklahoma. 2J Kansas City Farmers Exchange Bancorporation, Inc., Cherokee, Oklahoma, for approval to acquire more than 80 percent of the voting shares of Farmers Exchange Bank, Cherokee, Oklahoma. 2/ 2/ Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. I H.2, 1980 No. 36 -13APPLICATIONS RECEIVED-Continued Kansas City Farmers & Stockmens Bancorporatlon, Clayton, New Mexico, for approval to acquire at least 80 percent of the voting shares of The Farmers & Stockmens Bank of Clayton, Clayton, New Mexico. 2/ Kansas City Financial Security Corporation, Basin, Wyoming, for approval to acquire 87.6 percent of the voting shares of Security State Bank of Basin, Basin, Wyoming. 2/ Kansas City First Norman Bancshares, Inc., Norman, Oklahoma, for approval to acquire 80 percent of the voting shares of The First National Bank and Trust Company of Norman, Norman, Oklahoma. 2/ Kansas City First Security Bancshares, Inc., Oklahoma City, Oklahoma, for approval to acquire at least 80 percent of the voting shares of First Security Bank and Trust Company, Oklahoma City, Oklahoma. 2/ Kansas City Fountain Bancorporatlon, Ltd., Colorado Springs, Colorado, for approval to acquire at least 98 percent of the voting shares of Pioneer Bank of Fountain, Fountain, Colorado. 2/ Kansas City Pawnee Bancshares, Inc., L a m e d , Kansas, for approval to acquire 80 percent of the voting shares of First National Bank & Trust Company in Larned, Larned, Kansas. 2/ Kansas City RKB, Inc., Wichita, Kansas, for approval to acquire 83 percent of the voting shares of National Bank of Wichita, Wichita, Kansas. 2/ Dallas San Benito Bancshares, Inc., San Benito, Texas, for approval to acquire 80 percent or more of the voting shares of The San Benito Bank & Trust Company, San Benito, Texas. 2/ Dallas Southwestern Bancorp, Inc., Sanderson, Texas, for approval to acquire 80 percent of the voting shares of Sanderson State Bank, Sanderson, Texas. 2/ 27 Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. I H.2, 1980 No. 36 — 14 — APPLICATIONS RECEIVED-Continued To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Chicago Panhandle Aviation, Inc., Clarinda, Iowa, for approval to acquire 80 percent of the voting shares of Farmers Savings Bank, Fremont, Iowa. 2/ St. Louis Mercantile Bancorporation Inc., St. Louis, Missouri, for approval to acquire 100 percent (less directors' qualifying shares) of the voting shares of Mercantile Bank of South County, N.A., St. Louis County, Missouri, a proposed new bank. 2/ Kansas City The American Bank Corporation, Denver, Colorado, for approval to acquire 100 percent of the voting shares of American Bank of Wheatland, Wheatland, Wyoming, a proposed new bank and 95 percent of the voting shares of American Bank of Casper, Casper, Wyoming. 2/ Kansas City Graham-Michaelis Financial Corporation, Wichita, Kansas, for approval to acquire 24.9 percent of the voting shares of RKB, Inc., Wichita, Kansas and indirectly acquire National Bank of Wichita, Wichita, Kansas. 2/ Kansas City Sierra Petroleum Co., Inc., Wichita, Kansas, for approval to acquire 24.9 percent of the voting shares of RKB, Inc., Wichita, Kansas and indirectly acquire National Bank of Wichita, Wichita, Kansas. 2/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 New York 27 Barclays Bank Limited and Barclays Bank International Limited, both of London, England, notification of intent to engage in de novo activities (making direct consumer loans and purchasing of sales finance contracts representing extensions of credit such as would be made or acquired by a consumer finance company and wholesale financing (floor planning); and acting as agent for the sale of credit related life, credit Application subject to Community Reinvestment Act. The Community Reinvestment Officer of the applicable Reserve Bank may be contacted as to the length of the comment period. i H.2, 1980 No. 36 - 15 APPLICATIONS RECEIVED-Continued accident and health and credit property insurance) at 4070 Rose Clark Circle, N.W., Dothan, Alabama, through their subsidiary, BarclaysAmerican/Credit, Inc. (9/3/80) 3/ New York Citicorp, New York, New York, notification of intent to engage in jie novo activities (making or acquiring, for its own account or for the account of others, commercial loans and other extensions of credit including, but not limited to, the business of factoring and asset-based financing; and leasing personal or real property or acting as agent, broker or adviser in leasing such property and servicing such leases, subject to all of the qualifications specified in 12 C.F.R. 225.4(a)(6)(a) and (b), where the leases serve as the functional equivalent of an extension of credit to the lessee of the property) at 2 Harrison Plaza, Harrison, New York, through its subsidiary, Citicorp Industrial Credit, Inc. (9/5/80) 3/ Atlanta First Atlanta Corporation, Atlanta, Georgia, notification of intent to engage in de novo activities (making, acquiring and servicing loans and other extensions of credit secured by real estate mortgages) in Atlanta, Georgia, through a subsidiary, Tharpe & Brooks Incorporated (9/3/80) 3] Chicago Panhandle Aviation, Inc., Clarinda, Iowa, for approval to engage directly in the sale of general insurance in a town of less than 5,000 population. Kansas City Avoca Company, Omaha, Nebraska, notification of intent to engage in de novo activities (to engage in general insurance activities on the premises of its subsidiary bank, Farmers State Bank, Avoca, Nebraska, a community of less than 5,000 population) (9/4/80) 3/ Kansas City Hometown Finance Company, Clinton, Oklahoma, for approval to continue to engage in Industrial loan or consumer finance company activities and mortgage loan origination and servicing activities through a subsidiary to be known as Hometown Finance Company, Clinton, Oklahoma. Kansas City Pawnee Bancshares, Inc., Larned, Kansas, for approval to acquire certain assets of Lanbank, Inc., Larned, Kansas and thereby engage in general insurance agency activities in a community of less than 5,000 population. 57 4(c)(8) or 4(c)(12) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2, 1980 No. 36 -16APPLICATIONS RECEIVED-Continued Kansas City Union Bancorporation, Inc., Oklahoma City, Oklahoma, notification of intent to engage in de novo activities (to engage in the sale at retail of money orders having a face value of not more than $1,000 and the sale of travelers checks) at the northwest corner of the intersection of Memorial Road and Pennsylvania Avenue, Oklahoma City, Oklahoma, through a subsidiary, Union Loan & Thrift Company (9/5/80) 3/ Dallas Republic of Texas Corporation, Dallas, Texas, notification of intent to engage in de novo activities (engage in the functions and activities that may be performed by a trust company including activities of a fiduciary, agency or custodian nature as authorized by Federal law and the laws of the State of Texas) at One Dallas Center, 350 North St. Paul, Dallas, Texas, through its subsidiary, Republic of Texas Trust Company (8/14/80) 3/ San Francisco Security Pacific Corporation, Los Angeles, California, notification of intent to relocate de novo activities (making or acquiring, for its own account or for the account of others, loans and extensions of credit, including making consumer installment personal loans, purchasing consumer installment sales finance contracts, making loans to small businesses and other extensions of credit such as would-be made by a factoring company or a consumer finance company; and acting as broker or agent for the sale of credit related life, accident and health insurance and credit related property and casualty insurance) from 707 Minnesota Avenue, Kansas City, Kansas to Suite 124, 10551 Barkley, Overland Park, Kansas, through its wholly-owned subsidiary, The Bankers Investment Company d/b/a Security Pacific Finance Corp. (9/2/80) 3/ * * * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1956 Kansas City 3/ Baldwin-United Corporation, Cincinnati, Ohio, notification of intent to lend, through several of its subsidiaries, $26.5 million to Empire Mutual Insurance Company, a New York Corporation (9/2/80) 3/ 4(c)(8) or 4(c)(12) notification processed by Reserve Bank on behalf of the Board of Governors under delegated authority. 11.2, 1980 No. 36 - 17 APPLICATIONS RECEIVED-Continued REPORTS RECEIVED None. * * * * * PETITIONS FOR RULEMAKING None.
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