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ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2, 1981 No. 42)

Act ions of t h e Board; App l i ca t ions and Reports

Received During the Week Ending October 17, 1981 APPLICABLE

RESERVE BANK ACTIONS OF THE BOARD

Adoption of a pol icy s ta tement by t he Federa l Reserve Board on enforcement by s t a t e member banks of the Equal Credi t Oppor tun i ty and F a i r Housing Acts .

Request by Board f o r comment by December 18, 1981, on a proposal t o permit Edge c o r p o r a t i o n s to engage in the United S t a t e s in c e r t a i n investment advisory and manage-ment s e r v i c e s .

Adoption of S i m p l i f i e d Procedures f o r Approving de novo Branches by S t a t e Member banks.

R e g i s t r a t i o n of Consol ida ted Bank and Trus t Company, Richmond, V i r g i n i a , as a t r a n s f e r agen t .

Withdrawal from r e g i s t r a t i o n as a t r a n s f e r agent by County Bank of Santa Cruz , Santa Cruz, C a l i f o r n i a .

Richmond Union Trust Company of Maryland, Bal t imore , Maryland, accep-tance of e l i g i b l e d r a f t s or b i l l s of exchange up to 100 percent of i t s pa id-up and unimpaired c a p i t a l s tock and s u r p l u s . If

Kansas Ci ty Secur i ty Bank of Glenrock, Glenrock, Wyoming, a proposed new bank, ex tens ion of t ime t o March 17, 1982, w i th in which to complete i t s membership in the Federa l Reserve System. If

A t l a n t a Bank of Quitman, Quitman, Georgia , proposed merger with Quitman, I n c . , Quitman, Georg ia , r e p o r t to the Federa l Deposi t I n s u r -ance Corpora t ion on compet i t ive f a c t o r s . \f

A t l a n t a F i r s t Nat ional Bank in Newman, Newman, Georg ia , proposed merger with F i r s t Ra i l road Nat iona l Bank of Newman, Newman, Georgia; r e p o r t to the Comptrol ler of the Currency on compe t i t i ve f a c t o r s . If

1/ App l i ca t ion processed on behalf of the Board of Governors under de lega ted a u t h o r i t y .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2, 1981 No. 42

ACTIONS OF THE BOARD-Continued

Da l l a s North S t a t e Bank of Amar i l lo , Amar i l lo , Texas, proposed merger with Republic Bank Amar i l lo , Amar i l lo , Texas ( i n t e r i m bank merge r ) ; r epo r t to the Federa l Deposit Insurance Corpora t ion on compe t i t i ve f a c t o r s . 1/

Richmond Northwestern Bank, North Wilkesboro, North C a r o l i n a , p ro -posed merger with Gateway Bank, Greensboro, North Ca ro l i na ; r e p o r t to the Federal Deposit Insurance Corpora t ion on compe t i t i ve f a c t o r s . \J

Chicago American Bank and Trus t Company, Lansing, Michigan, e x t e n -s ion of time t o Apr i l 24, 1982, w i th in which to e s t a b l i s h a branch in 100 Block North Washington Square, Lansing, Michigan. \ J

Richmond Mercan t i l e Bankshares Corpora t ion , Bal t imore , Maryland, ex -t ens ion of time to January 15, 1982, w i th in which to acqu i re 100 percent of the vo t ing sha res of the successor by merger t o Ca lver t Bank and Trus t Company, Pr ince F r e d e r i c k , Maryland. y

A t l a n t a P e o p l e ' s F i r s t Nat iona l Bancshares , I n c . , New I b e r i a , Lou i s i ana , ex t ens ion of time to January 16, 1982, wi th in which to become a bank ho ld ing company through a c q u i s i t i o n of the P e o p l e ' s Nat iona l Bank of New I b e r i a P a r i s h , New I b e r i a , Lou i s i ana . _1/

Chicago F i r s t Bur l ing ton Corpora t ion , La Grange, I l l i n o i s , ex t ens ion of time to December 23, 1981, w i th in which to become a bank ho ld ing company through the a c q u i s i t i o n of 100 percen t of the vo t ing sha re s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to La Grange S t a t e Bank, La Grange, I l l i n o i s . J_/

S t . Louis Mid-South Bancorp, I n c . , F r a n k l i n , Kentucky, ex t ens ion of time to January 8, 1982, w i th in which to become a bank ho ld ing company through the a c q u i s i t i o n of the successor by merger t o Simpson County Bank, F r a n k l i n , Kentucky. JL/

San American Republic Bancorp, Gardena, C a l i f o r n i a , ex t ens ion F ranc i sco of t ime to January 17, 1982, w i th in which to become a bank

holding company through a c q u i s i t i o n of Republic Bank, Gardena, C a l i f o r n i a . J J

San Southwest Bancorp, V i s t a , C a l i f o r n i a , ex t ens ion of time to Franc i sco December 3, 1981, w i th in which to become a bank hold ing

company through a c q u i s i t i o n of 100 pe rcen t of the vo t ing sha res of Southwest Bank, V i s t a , C a l i f o r n i a . 1/

1/ A p p l i c a t i o n processed on beha l f of the Board of Governors under de lega ted a u t h o r i t y .


H.2, 1981 No. 42 - 3 -


To E s t a b l i s h a Domestic Branch Pursuant to Sec t ion 9 of the Federa l Reserve Act

Approved New York The Bank of New York, New York, New York. To e s t a b l i s h 9 3

o f f s i t e e l e c t r o n i c f a c i l i t y o f f i c e s in Ca t t a r augus , Chantaugua, E r i e , Genesee, N iaga ra , Orleans and Wyoming Coun t i e s . \J

San F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los Angeles , C a l i -Franc i sco f o r n i a . To e s t a b l i s h a branch o f f i c e in the v i c i n i t y

of the i n t e r s e c t i o n of Willow S t r e e t and Charry Avenue, C i t y of Signal H i l l , Los Angeles County, C a l i f o r n i a . J J

San F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los Angeles , Cal i -F ranc i sco f o r n i a . To e s t a b l i s h a branch o f f i c e in the v i c i n i t y of

the i n t e r s e c t i o n of Camino Cap i s t r ano and Del Obispo S t r e e t , C i t y of San Juan C a p i s t r a n o , Orange County, C a l i f o r n i a . 1/

* * * * *

A p p l i c a t i o n s and N o t i f i c a t i o n s for I n t e r n a t i o n a l I n v e s t -ments and Other Actions Pursuant to Sec t ions 25 and 25(a) of t h e Federal Reserve Act and Sec t i ons 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank Holding Company Act of 1956, as amended

Approved New York Banco C a f e t e r o I n t e r n a t i o n a l Co rpo ra t i on , New York, New

York: f o r a f i n a l permit au tho r i z ing the i n t i a t i o n of o p e r a t i o n s of Banco C a f e t e r o I n t e r n a t i o n a l Corpo ra t i on , New York, New York. \J

New York C i t i b a n k , N.A. , New York, New York: g r an t s consent to con-t i n u e to hold the shares of The Mercan t i l e Bank of Canada, Mont rea l , Quebec, Canada, a f t e r Mercan t i l e commences bus iness in the United S t a t e s through a s u b s i d i a r y to be known as MFC F i n a n c i a l S e r v i c e s Corpo ra t i on , D a l l a s , Texas.

New York Manufac turers Hanover I n t e r n a t i o n a l Finance Corpo ra t ion , New York, New York: g r an t s consent to c o n t r i b u t e to the c a p i t a l of Manufac ture rs Hanover I n t e r n a t i o n a l Holdings Corpo ra t i on , New York, New York; with Holdings then to inves t in

1/ App l i ca t i on processed on behal f of the Board of Governors under de legated a u t h o r i t y .


H.2, 1981 No. 42 - 4 -


Manufac turers Hanover Leasing Canada Limi ted , Toron to , O n t a r i o , Canada in connec t ion with L e a s i n g ' s convers ion to a Canadian cha r t e r ed bank to be known as MH Bank Canada.

San Wells Fargo I n t e r n a t i o n a l A f f i l i a t e s C o r p o r a t i o n , San F r a n c i s c o , F ranc i sco C a l i f o r n i a : g r a n t s consent to purchase and h o l d , d i r e c t l y

or i n d i r e c t l y , 100 percent of the s h a r e s of Wells Fargo I n t e r -n a t i o n a l (Uruguay) S .A. , Montevideo, Uruguay.

* * * * *

To Form a Bank Holding Company Pursuant to Sec t ion 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956

Approved A t l a n t a BancShares C o r p o r a t i o n , Lu l ing , L o u i s i a n a , for approval t o

a cqu i r e 100 percen t of the v o t i n g sha re s of Bank of S t . Char les and Trus t Company, L u l i n g , L o u i s i a n a . J J

A t l a n t a Cent ra l Banking Company, Swainsboro, Georg ia , f o r approval to a cqu i r e 100 percent of t h e v o t i n g s h a r e s of The Cen t ra l Bank, Swainsboro, Georg ia . _1/

A t l a n t a F i r s t Southwest Corpo ra t i on , McCoirb, M i s s i s s i p p i , fo r ap-proval to a c q u i r e a t l e a s t 80 percen t of the v o t i n g sha re s of F i r s t Bank of Southwest M i s s i s s i p p i , McComb, M i s s i s s i p p i . J J

A t l a n t a GRP, I n c . , A t l a n t a , Georg ia , f o r approval to d i r e c t l y a c q u i r e 100 percent of t h e v o t i n g s h a r e s of F i r s t Cobb Bankshares , I n c . and i n d i r e c t l y F i r s t Bank & Trus t Co . , M a r i e t t a , Georgia . 1/

A t l a n t a NBC Bancshares , I n c . , J e f f e r s o n , L o u i s i a n a , f o r approval to acqui re a t l e a s t t w o - t h i r d s of t h e v o t i n g sha re s of The Nat ional Bank of Commerce in J e f f e r s o n P a r i s h , J e f f e r s o n P a r i s h , L o u i s i a n a . _1/

A t l a n t a Suburban Bankshares , I n c . , Lake Worth, F l o r i d a , f o r approval to acqu i re a t l e a s t 80 percent of t he v o t i n g s h a r e s of Suburban Bank, Lake Worth, F l o r i d a . 1/

17 A p p l i c a t i o n p r o c e s s e d on b e h a l f of the Board of Governors under d e l e g a t e d a u t h o r i t y .

i Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2, 1981 No. 42 - 5 -


Chicago American Nat ional Corpora t ion , Chicago, I l l i n o i s , f o r approval to a c q u i r e a t l e a s t 99.9 percent of the vo t ing sha res of American Nat iona l Bank and Trus t Company of Chicago, Chicago, I l l i n o i s . 1/

Chicago F i r s t C i t i z e n s Bancorp of I n d i a n a , Anderson, I n d i a n a , f o r approval to acqu i re 100 percent of the vo t ing sha res of the successor by merger to C i t i z e n s Banking Company, Anderson, Ind iana . 1/

Chicago FIRST N0RTHBR00K BANCORP, INC., Northbrook, I l l i n o i s , f o r approval to acqu i r e a t l e a s t 80.6 percent of the vo t ing sha re s of F i r s t Nat iona l Bank of Northbrook, Northbrook, I l l i n o i s . J L /

Chicago G r a n v i l l e Bancshares , I n c . , G r a n v i l l e , I l l i n o i s , f o r approval to a cqu i r e 100 percent of the vo t ing sha res ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to The G r a n v i l l e Na t iona l Bank, G r a n v i l l e , I l l i n o i s . JL/

Chicago INDEPENDENCE BANCSHARES, INC., Independence, Iowa, f o r ap-proval to acqu i r e a t l e a s t 80 percent of the vo t ing sha res of S e c u r i t y S t a t e Bank, Independence, Iowa. J L /

Chicago S e c u r i t y Bancorp, S t an ton , Iowa, f o r approval to acqu i r e a t l e a s t 97.5 pe rcen t of the vo t ing sha res of S e c u r i t y S t a t e Bank, S t an ton , Iowa. _L/

S t . Louis Bancorp of Huntingdon, I n c . , Huntingdon, Tennessee, f o r ap-proval to a cqu i r e at l e a s t 80 percent of the vo t ing shares of Bank of Huntingdon, Huntingdon, Tennessee. JV

S t . Louis Bremen Bancorp, I n c . , S t . Louis , Mis sou r i , f o r approval t o acqu i re at l e a s t 80 percent of the vo t ing sha res of Bremen Bank and Trus t Company, S t . Louis , Missour i . If

S t . Louis Marshal l Bancshares , I n c . , Marsha l l , Arkansas, f o r approval to a c q u i r e a t l e a s t 80 percent of the vo t i ng sha res of The C i t i z e n s Bank, Marsha l l , Arkansas. 1/

S t . Louis Ridgway Bancorp, I n c . , Ridgway, I l l i n o i s , f o r approval to acqu i re a t l e a s t 80 percent of the vot ing shares of G a l l a t i n County S t a t e Bank, Ridgway, I l l i n o i s . J /

1/ A p p l i c a t i o n processed on beha l f of the Board of Governors under de lega ted a u t h o r i t y .

I


H.2, 1981 No. 42 6 -


Minneapol is

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

San F ranc i sco

San F ranc i s co

Pine Ci ty Bancorpora t ion , I n c . , Pine C i t y , Minnesota, f o r approval to a cqu i r e 96.2 percent of the vo t ing shares of Pine Ci ty S t a t e Bank, Pine C i ty , Minnesota. If

F i r s t Equity Bancshares , I n c . , S t e w a r t s v i l l e , Missour i , f o r approval to a cqu i r e a t l e a s t 80 percent of the vo t ing sha res of F i r s t Bank of S t e w a r t s v i l i e , S t e w a r t s v i l l e , Mis sou r i . If

F i r s t O g a l l a l a Inves tment , I n c . , O g a l l a l a , Nebraska, f o r ap-proval to acqu i r e 100 percent of the vo t ing shares of The F i r s t Na t iona l Bank in O g a l l a l a , O g a l l a l a , Nebraska. If

F l a g l e r Bankshares, I n c . , F l a g l e r , Colorado, f o r approval to acqu i r e a t l e a s t 96.6 pe rcen t of the vo t ing shares of The F i r s t Na t iona l Bank of F l a g l e r , F l a g l e r , Colorado. If

Holyrood Bancshares , I n c . , Holyrood, Kansas, f o r approval to a cqu i r e 80 percent or more of the vo t ing sha res of The Bank of Holyrood, Holyrood, Kansas. If

Montrose Savings Bancshares , I n c . , Montrose, Missour i , fo r approval to acqu i r e a t l e a s t 80 percent of the vo t ing sha res of Montrose Savings Bank, Montrose, Missour i . JL/

Serv ice Bancshares , Limi ted , Tonkawa, Oklahoma, f o r approval to a cqu i r e 100 percen t of the v o t i n g shares of Serv ice Bancorporat ion , I n c . , Tonkawa, Oklahoma and i n d i r e c t l y a c q u i r e The Se rv ice Bank of Tonkawa, Tonkawa, Oklahoma. If

Plaza Commerce Bancorp, San J o s e , C a l i f o r n i a , f o r approval to a cqu i r e 100 percent of the v o t i n g shares of P laza Bank of Commerce, San J o s e , C a l i f o r n i a . If

Ysle t a Bancshares , I n c . , El Paso, Texas, f o r approval to acqu i r e 100 percen t of the vo t ing sha res of Bank of Y s l e t a ,

K A S . 1 / El Paso, Texas. 1/

1/ A p p l i c a t i o n processed on behal f of the Board of Governors under de lega ted a u t h o r i t y .

i


H.2, 1981 No. 42 7 -


To Expand a Bank Holding Company Pursuant to Sec t ion 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956

Approved Boston F i r s t Bancorp of N.H., I n c . , Manchester , New Hampshire, f o r

approval t o a c q u i r e 100 percen t of the vo t ing sha re s of the successo r by merger to Gran i t e S t a t e Na t iona l Bank, Somersworth, New Hampshire. 1/

Richmond F i r s t V i r g i n i a Banks, I n c . , F a l l s Church, V i r g i n i a , f o r ap -proval t o a c q u i r e 100 percen t of the vo t i ng shares of F i r s t V i r g i n i a Bank-Alleghany, Covington, V i r g i n i a , a proposed new bank the successor by merger to The Covington Na t iona l Bank, Covington, V i r g i n i a . 1J

A t l a n t a F l agsh ip Banks, I n c . , Miami, F l o r i d a , f o r approval to acqu i r e 100 percen t of the v o t i n g sha res of F l agsh ip F i r s t Na t iona l Bank of Highlands County, Sebr ing , F l o r i d a the successor by merger t o F i r s t Na t iona l Bank of Sebr ing , Sebr ing , F l o r i d a . 1/

Chicago NBD Bancorp, I n c . , D e t r o i t , Michigan, f o r approval to acqu i r e 100 pe rcen t of the vo t ing sha res of the successor by merger t o The Roscommon S t a t e Bank, Roscommon, Michigan.

Chicago NBD Bancorp, I n c . , D e t r o i t , Michigan, f o r approval to acqu i r e 100 percen t of the vo t ing sha res of the successor by merger t o Wolverine S t a t e Bank, Sandusky, Michigan.

Minneapol is S e c u r i t y Richland Bancorpora t ion , Miles C i t y , Montana, f o r ap-proval t o a c q u i r e a t l e a s t 96 percent of the vo t ing sha res of The Richland Nat iona l Bank of Sidney, Sidney, Montana. 1/

Da l l a s A l l i e d Bancshares , I n c . , Houston, Texas, f o r approval to acqu i re 100 pe rcen t of the vo t ing sha res of Community Bank, Houston, Texas. 1/

D a l l a s A l l i e d Bancshares , I n c . , Houston, Texas, f o r approval to acqu i re 100 percen t of the vo t ing sha res of I n t e r s t a t e Bank, Houston, Texas. 1/

Da l l a s A l l i e d Bancshares , I n c . , Houston, Texas, f o r approval to acqu i re 100 percen t of the vo t ing sha res of Pasadena Nat iona l Bank, Pasadena, Texas. 1/

1 7 A p p l i c a t i o n processed on behal f of the Board of Governors under de lega ted a u t h o r i t y .


H.2, 1981 No. 42 - 8 -

ACTIONS OF THE BOARD-Cont inued


Approved Boston S t a t e S t r e e t Boston Corpora ton, Boston, Massachuse t t s , f o r

approval to acqu i r e 16.6 percen t of the vo t ing sha res of Worcester Bancorp, I n c . , Worchester , Massachuse t t s .

* * * * *

To Expand a Bank Holding Company Pursuant t o Sec t ion 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956

Returned New York J u l i u s Baer Co. (Holding) AG, Zur ich , Swi tze r l and , Bank

J u l i u s Bar & Co. , L t d . , Zur ich , Swi tzer land and Bar Hold-ing AG, Zur ich , Swi t ze r l and , f o r approval to engage i n -d i r e c t l y in the a c t i v i t y of se rv ing as investment adv isor through Bar Carnegie Management Company, Inc .

Approved Boston S t a t e S t r e e t Boston Corpo ra t ion , Boston, Massachuse t t s , f o r

approval to i n d i r e c t l y acqu i r e an i n t e r e s t in W o r c e s t e r ' s nonbanking s u b s i d i a r i e s , Wornat Development Corpora t ion and Wornat Insurance Agency, I n c . , both of Worcester , Massachuse t t s .

Da l l a s A l l i e d Bancshares , I n c . , Houston, Texas, f o r approval to a c q u i r e 100 percent of the v o t i n g shares of I n t e r s e r v i c e L i f e Insurance Company, Pasadena, Texas. 1/

Permi t ted Boston F i r s t Bancorp of N.H., I n c . , Manchester , New Hampshire,

n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( o r i g i n a t i n g , s e l l i n g and s e r v i c i n g both r e s i d e n t i a l and commercial mortgages , and o r i g i n a t i n g and s e r v i c -ing c o n s t r u c t i o n loans ) a t 2 Weliman Avenue, Nashua, New Hampshire, se rv ing Hi l l sborough and Rockingham c o u n t i e s in New Hampshire and communities wi th in a t w e n t y - f i v e mi le r a d i u s of the proposed o f f i c e , through i t s i n d i r e c t s u b s i d i a r y , F i rs tBank Mortgage Corp. (10/17/81) 3/

JV A p p l i c a t i o n processed on beha l f of the Board of Governors under de lega ted 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 de l ega ted a u t h o r i t y .


H.2, 1981 No. 42 - 9 -


New York The Chase Manhattan Corpora t ion , New York, New York, r e q u e s t s pe rmiss ion t o e s t a b l i s h a de novo o f f i c e engaging in the fo l l owing a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account and f o r the account of o t h e r s , loans and o the r e x t e n s i o n s of c r e d i t , both secured and unsecured i nc lud ing , but not l i m i t e d t o , consumer and bus ines s l i n e s of c r e d i t , i n s t a l l m e n t loans f o r p e r s o n a l , household and bus ines s purposes and mortgage loans secured by r e a l p r o p e r t y ; s e r -v i c i n g loans and o t h e r e x t e n s i o n s of c r e d i t ; s e l l i n g t r a v e l e r s checks a t r e t a i l ; a c t i n g as insurance agent or broker f o r c r e d i t l i f e insurance and c r e d i t acc iden t and h e a l t h insu rance d i r e c t l y r e l a t e d to such lending and s e r v i c i n g a c t i v i t i e s ) a t 5201 West Kennedy Boulevard, Tampa, F l o r i d a , the geographic a rea to be served w i l l be the S t a t e of F l o r i d a , through i t s s u b s i d i a r y , Chase Manhattan F i n a n c i a l S e r v i c e s , I nc . (10 /10 /81) 3/

New York F i r s t Na t iona l S t a t e Bancorpora t ion , Newark, New J e r s e y , r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engag-ing in the fo l lowing a c t i v i t i e s (consumer and commercial f i n a n c i n g a c t i v i t i e s , i nc lud ing the e x t e n s i o n of d i r e c t l o a n s , l i n e s of c r e d i t , l e t t e r s of c r e d i t and o the r l i k e i n d e b t e d n e s s ; and to engage in l e a s e f i n a n c i n g t r a n s -a c t i o n s , pe r sona l and r e a l p rope r ty l e a s i n g t r a n s a c t i o n s , and to own, a c q u i r e and s e l l or o the rwise d i spose of l e a s e s and l e a s e f i n a n c e documents and the under ly ing leased p rope r ty in accordance with the Board ' s Regula t ion Y) a t 550 Broad S t r e e t , Newark, New J e r s e y , se rv ing the S t a t e of New J e r s e y , through i t s s u b s i d i a r y , FNSB C a p i t a l Corpora t ion (10 /14/81) 3/

New York Manufac turers Hanover Corpora t ion , New York, New York, r e q u e s t s pe rmiss ion to e s t a b l i s h de novo o f f i c e s engag-ing in the fo l lowing a c t i v i t i e s (purchas ing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s and a c t i n g as agent or broker f o r the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance and c r e d i t a cc iden t and h e a l t h insurance which i s d i r e c t l y r e l a t e d to such loans and ex t ens ions of c r e d i t and from which Termplan C r e d i t , I n c . would engage in purchasing motor v e h i c l e s a l e s f inance c o n t r a c t s ; and a c t i n g as agent or b roker f o r the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance and c r e d i t a cc iden t and h e a l t h i n su rance ; Tempco L i f e Insurance Company would r e i n s u r e such c r e d i t l i f e and a c c i d e n t and h e a l t h in su rance ) a t Cypress Creek

3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behal f of the Board of Governors under de lega ted a u t h o r i t y .


H.2, 1981 No. 42 - 1 0 -


P l a z a , 6220 North Andrews Avenue, F t . Laude rda le , F lo r ida s e r v i n g the c o u n t i e s of Palm Beach, Broward, e a s t e r n C o l l i e r and no r the rn Dade, and Dade Savings Bu i ld ing , S u i t e 154, 151 Wymore Road, Altamonte Spr ings , F l o r i d a , s e rv ing the coun t i e s of sou thern F l a g l e r , Co lu s i a , Lake Seminole, Orange, n o r t h e r n Brevard , nor the rn Osceola , Polk , e a s t e r n Pasco, e a s t e r n Hernando, Sumter, s o u t h e a s t e r n Marion and sou the rn Putnam, through i t s s u b s i d i a r y , Termplan C r e d i t , Inc . (10/14/81) 3/

New York Manufacturers Hanover Corpora t ion , New York, New York, r e q u e s t s permission to e s t a b l i s h de novo o f f i c e s engag-ing in the fo l lowing a c t i v i t i e s ( a r r a n g i n g , making or a c q u i r i n g for i t s own account or for the account of o t h e r s , loans and o ther ex tens ions of c r e d i t secured by a homeowner's equ i ty i n t e r e s t in a home such as would be made by a consumer f inance company, s e r v i c i n g such loans and other ex tens ions of c r e d i t for any company, s e r v i c i n g such loans and o ther ex tens ions of c r e d i t for any person; and a c t i n g as an agent or broker for t h e s a l e of s i ng l e and j o i n t c r e d i t l i f e insurance which i s d i r e c t l y r e l a t e d to such loans and ex tens ions of c r e d i t ) a t Cypress Creek P l aza , 6220 North Andrews, F t . Lauderda le , F l o r i d a , s e r v i n g the coun t i e s of Palm Beach, Broward, e a s t e r n C o l l i e r and nor the rn Dade, and Dade Savings B u i l d i n g , Su i t e 154, 15 Wymore Road, Altamonte Spr ings , F l o r i d a , s e rv ing the count ies of southern F l a g l e r , Vo lus ia , Lake Seminole, Orange, no r the rn Brevard , no r the rn Osceola , Polk , e a s t e r n Pasco , e a s t e r n Hernando, Sumter, s o u t h e a s t e r n Marion and southern Putnam, through i t s s u b s i d -i a r y , Finance One Mortgage of F l o r i d a , I n c . (10/14/81) J3/

C l e v e l a n d P i t t s b u r g h N a t i o n a l C o r p o r a t i o n , P i t t s b u r g h , P e n n s y l v a n i a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (mortgage b a n k i n g , i n c l u d i n g t h e making or a c q u i r i n g and s e r v i c i n g f o r i t s own account and or the account of o t h e r s , l o a n s and o ther e x t e n s i o n s of c r e d i t ) in t h e M e t r o p o l i t a n area of R a l e i g h , North C a r o l i n a , N o r t h e a s t e r n North C a r o l i n a and w i l l s e r v i c e cus tomers i n Johns t o n , Durham, Chatham, W i l s o n , F r a n k l i n and Wake c o u n t i e s , through i t s s u b s i d i a r y , The K i s s e l l Company (10/16/81) 3/

Kansas Ci ty Fourth F i n a n c i a l Corpora t ion , Wichi ta , Kansas, n o t i f i c a -t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( i n com-m e r c i a l , consumer and mortgage f inance a c t i v i t i e s by mak-ing and a c q u i r i n g secured and unsecured loans and other

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 de lega ted a u t h o r i t y .


H.2, 1981 No. 42 - 1 1 -


ex t ens ions of c r e d i t such as would be made by a commercial f inance company, a consumer f inance company, or a mortgage company) at 100 North Broadway, Wich i ta , Kansas, s e rv ing the geographic a r ea of s o u t h - c e n t r a l Kansas (10/15/81) 3J

San Moore F i n a n c i a l Group I n c o r p o r a t e d , B o i s e , I d a h o , not i f i -Franc i sco ca t i on of i n t e n t to engage in de novo a c t i v i t i e s (making

or a c q u i r i n g , f o r i t s own account or fo r the account of o t h e r s , loans and other ex tens ions of c r e d i t , such as commer-c i a l loans ; s e r v i c i n g loans and o the r ex tens ions of c r e d i t for any person; and l ea s ing personal or r e a l p roper ty or a c t i n g as agen t , broker or adv i se r in l eas ing such prop-e r t y in accordance with Sec t ions 2 2 5 . 4 ( a ) ( 1 ) ; 2 2 5 . 4 ( a ) ( 3 ) ; 2 2 5 . 4 ( a ) ( 6 ) ( a ) ; 2 2 5 . 4 ( a ) ( 6 ) ( b ) of Regula t ion Y) a t Idaho F i r s t P l a z a , 101 South Cap i to l Boulevard, Boise , Idaho, s e rv ing the United S t a t e s (10 /12/81) J3/

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 de lega ted a u t h o r i t y .


H.2, 1981 No. 42 - 1 2 -

APPLICATIONS RECEIVED

To E s t a b l i s h a Domestic Branch Pursuant to Sec t ion 9 of the Federa l Reserve Act

Richmond Bank of V i r g i n i a , Richmond, V i r g i n i a . To e s t a b l i s h a branch a t Gayton and Gaskins Roads, Henrico County (P.O. Richmond), V i r g i n i a . 2J

San F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los Angeles, C a l i -F ranc i sco f o r n i a . To e s t a b l i s h a branch o f f i c e in the v i c i n i t y

of the i n t e r s e c t i o n of I n t e r s t a t e 5 and F l o r i n Road, Ci ty of Sacramento, Sacramento County, C a l i f o r n i a . 2/

San F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los Angeles, C a l i -F ranc i sco f o r n i a . Branch o f f i c e in the v i c i n i t y of the i n t e r -

s e c t i o n of Highways 50 and 89, Ci ty of South Lake Tahoe, El Dorado County, C a l i f o r n i a . 2/

* * * * *

A p p l i c a t i o n s and N o t i f i c a t i o n s fo r I n t e r n a t i o n a l I n v e s t -ments and Other Act ions Pursuant to Sec t ions 25 and 25(a) of the Federa l Reserve Bank and Sec t ions 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank Holding Company Act of 1956, as amended

New York C i t ibank Overseas Investment Corpora t ion , Wilmington, Delaware r e q u e s t s f o r r e c o n s i d e r a t i o n t h a t C i t i c o r p A u s t r a l i a Hold-ings Limi ted , Sydney, A u s t r a l i a , f i l e q u a r t e r l y f i n a n c i a l i n fo rma t ion with t h i s Bank.

San BankAmerica Corpora t ion , San F ranc i s co , C a l i f o r n i a : p r i o r F ranc i sco n o t i f i c a t i o n of i t s i n t e n t t o i n c r e a s e the c a p i t i l i z a t i o n

of i t s wholly-owned o f f s h o r e f i n a n c i n g s u b s i d i a r y , Bank-America Overseas Finance Corpora t ion N.V.

San Bank of America NT&SA, San F ranc i s co , C a l i f o r n i a : p r i o r no-F ranc i sco t i f i c a t i o n of i t s i n t e n t to have i t s 97.7 percen t owned

s u b s i d i a r y , Banca d'America e d ' I t a l i a , Milan, I t a l y a c q u i r e a l l of the sha re s of Foncar s . r . l . , a premises ho ld ing company.

2/ A p p l i c a t i o n s u b j e c t to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as to t he l eng th of the comment p e r i o d .


H.2, 1981 No. 42 - 13 -

APPLICATIONS RECEIVED-Cont inued

To E s t a b l i s h an Overseas Branch of a Member Bank Pursuant t o Sec t ion 25 of t h e Federa l Reserve Act

San F ranc i s co

San F ranc i sco

S e c u r i t y P a c i f i c Nat ional Bank, Los Angeles, C a l i f o r n i a : p r i o r n o t i f i c a t i o n of i t s i n t e n t t o e s t a b l i s h a branch in Hong Kong, B.C.C.

Wells Fargo Bank, N.A., San F r a n c i s c o , C a l i f o r n i a : p r i o r n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h a branch in Madrid, Spain .

* * * * *

To E s t a b l i s h a U.S. Branch of an Edge Act Corpora t ion Pursuant to Sec t ion 25 of t he Federa l Reserve Act

San Crocker Bank I n t e r n a t i o n a l , New York, New York: r e q u e s t s F r a n c i s c o consent to e s t a b l i s h branches in Houston, Texas, Miami,

F l o r i d a and S e a t t l e , Washington.

* * * * *

To Form a Bank Holding Company Pursuant t o Sec t ion 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956

New York Peoples BanCorp, B e l l e v i l l e , New J e r s e y , f o r approval to acqu i r e 100 pe rcen t of the vo t ing sha res of the successor by merger t o Peoples Bank, N.A., B e l l e v i l l e , New J e r s e y . 2/

Cleveland

A t l a n t a

A t l a n t a

Union Na t iona l Corpo ra t i on , Mt. Lebanon, Pennsy lvan ia , f o r approval to a cqu i r e 100 percent of the vo t i ng sha res of The Union Na t iona l Bank of P i t t s b u r g h , P i t t s b u r g h , Pennsy lvan ia . 2/

f o r of

Cen t r a l of Georgia Bancshares , I n c . , Macon, Georgia , t approval to a cqu i r e 100 percen t of the vo t i ng sha res Cen t r a l Bank of Georgia , Macon, Georgia . 2 j

Thornton Holding Company, I n c . , D o u g l a s v i l l e , Georgia , fo r approval to a cqu i r e a t l e a s t 80 .71 percen t of the vo t ing sha res of Douglas County Bank, D o u g l a s v i l l e , Georgia . 2/

2/ A p p l i c a t i o n s u b j e c t to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac t ed as to the l eng th of the comment p e r i o d .


H.2, 1981 No. 42 14

APPLICATIONS RECEIVED-Continued

A t l a n t a Treasure Coast Bankcorp, Por t S t . Luc ie , F l o r i d a , f o r approval t o a c q u i r e 100 percen t of the vo t ing shares of Por t S t . Lucie Bank, Por t S t . Luc ie , F l o r i d a . 2j

Chicago B i g g s v i l l e F i n a n c i a l Corpora t ion , B i g g s v i l l e , I l l i n o i s , f o r approval to acqu i r e 80 percen t or more of the vo t ing sha res of F i r s t S t a t e Bank of B i g g s v i l l e , B i g g s v i l l e , I l l i n o i s . 2/

Chicago Boulevard Bancorp, I n c . , Chicago, I l l i n o i s , fo r approval to acqu i r e a t l e a s t 75.7 percent of the vot ing sha res of Na t iona l Boulevard Bank of Chicago, Chicago, I l l i n o i s . 2/

Chicago Cen t ra l I l l i n o i s Banc Shares , I n c . , S p r i n g f i e l d , I l l i n o i s , f o r approval to a cqu i r e 100 percent of the vo t ing shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to Cap i to l Bank & Trus t Company of S p r i n g f i e l d , S p r i n g f i e l d , I l l i n o i s . 2/

Chicago CNB FINANCIAL CORP., Auburn, Ind iana , f o r approval to acqu i r e a t l e a s t 81 percent of the vo t ing sha res of The Ci ty Na t iona l Bank of Auburn, Auburn, Ind iana . 2j

Chicago DENVER BAN CORPORATION, Denver, Iowa, f o r approval to a cqu i r e a t l e a s t 89.97 percent of the vo t ing shares of Denver Savings Bank, Denver, Iowa. 2/

Chicago FIRST CHILLICOTHE CORP., C h i l l i c o t h e , I l l i n o i s , fo r approval to acqu i r e a t l e a s t 80 percen t of the vo t ing shares of F i r s t Na t iona l Bank of C h i l l i c o t h e , C h i l l i c o t h e , I l l i n o i s . 2/

Chicago F i r s t S t a t e Bancorpora t ion , F r e d e r i c k s b u r g , Iowa, f o r ap-proval to a c q u i r e a t l e a s t 92 percent of the vo t ing sha res of F i r s t S t a t e Bank, F r ede r i cksbu rg , Iowa. 2/

Chicago Mechan icsv i l l e Bancshares , I n c . , M e c h a n i c s v i l i e , Iowa, f o r approval to acqu i r e a t l e a s t 86.93 percent of the vo t ing sha res of Mechan ic sv i l l e Trus t and Savings Bank, M e c h a n i c s v i l l e , Iowa. 2/

Chicago MT. ZION BANCORP, INC., Mt. Zion, I l l i n o i s , f o r approval to acqu i re 100 percen t of the vo t ing sha res ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the successor by merger to Mt. Zion S t a t e Bank, Mount Zion, I l l i n o i s . 2/

2/ A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac t ed as to the length of the comment p e r i o d .

I Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2, 1981 No. 42 15


Chicago Ogle County Bancshares , I n c . , Roche l l e , I l l i n o i s , f o r approval to acqu i r e a t l e a s t 80 percent of t h e vo t ing shares of The F i r s t Nat ional Bank & Trus t Company of Roche l l e , Roche l l e , I l l i n o i s . 2/

Chicago Wilaine Corpo ra t i on , Des Moines, Iowa, f o r approval to acqu i r e 100 percent of the v o t i n g sha re s of Annawan Investment Company, Annawan, I l l i n o i s and i n d i r e c t l y 80.2 percent of t he v o t i n g sha re s of The S t a t e Bank of Annawan, Annawan, I l l i n o i s . 2j

S t . Louis Bank of Poplar B l u f f Bancshares , I n c . , Poplar B l u f f , Missour i , f o r approval t o acqu i re 100 percent of the v o t i n g sha re s of Bank of Poplar B l u f f , Poplar B l u f f , Missour i the successor by merger to The Old Re l i ab le Bank of Poplar B l u f f , Poplar B l u f f , Mi s sou r i . 2j

S t . Louis Brinkley Bancshares , I n c . , Br ink ley , Arkansas, f o r ap-proval to acqu i re a t l e a s t 80 percent of t he vo t ing shares of Bank of B r i n k l e y , Br ink ley , Arkansas. 2/

S t . Louis Community F i n a n c i a l S e r v i c e s , I n c . , B o l i v a r , Tennessee, f o r approval to a cqu i r e a t l e a s t 84 percent of the vo t i ng s h a r e s of The Bank of Bo l i va r , B o l i v a r , Tennessee . 2]

S t . Louis F i r s t Holmes C o r p o r a t i o n , Lex ing ton , M i s s i s s i p p i , f o r approval to acqu i r e a t l e a s t 80 percent of the vo t ing shares of F i r s t Nat ional Bank of Holmes County, Lexington, M i s s i s s i p p i . 2]

Minneapolis C i t i z e n s Bancorpora t ion of Mi laca , I n c . , O g i l v i e , Minnesota , for approval to acqui re a t l e a s t 93.7 pe r -cent of the v o t i n g sha res of Og i lv i e S t a t e Bank, Og i lv i e , Minnesota . 2/

Minneapol is Commercial S t a t e Bancorpora t ion , Two Harbors , Minnesota, for approval to acqu i r e 100 percent of t h e vo t ing shares of Commercial S t a t e Bancshares , I n c . , Two Harbors , Minnesota and to acqu i r e 51.6 percent of the vot ing sha re s of Commercial S t a t e Bank of Two Harbors , Two Harbors , Minnesota . 2/

2/ A p p l i c a t i o n sub jec t to Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as to the length of the comment p e r i o d .


H.2, 1981 No. 42

Minneapol is

16 -


Dickey County Bancorpora t ion , E l l e n d a l e , North Dakota, for approval to acqu i r e a t l e a s t 98 .3 percent of the vo t i ng s h a r e s of The F i r s t Nat ional Bank and Trus t Company of E l l e n d a l e , E l l e n d a l e , North Dakota. 2J

Maple Lake Bancshares , I n c . , Maple Lake, Minnesota, f o r approval to a cqu i r e a t l e a s t 90.6 percent of t h e vo t ing shares of S e c u r i t y S t a t e Bank of Maple Lake, Maple Lake, Minnesota . 27

Secur i ty S t a t e Inves tments , I n c . , Houston, Minnesota, f o r approval to a cqu i r e a t l e a s t 88 percent of t h e vo t ing shares of S e c u r i t y S t a t e Bank of Houston, Houston, Minnesota . 2_/

Alma Bancshares C o r p o r a t i o n , Alma, Missour i , f o r approval to a cqu i r e a t l e a s t 81 percent of t he v o t i n g sha res of Alma Bank, Alma, Mis sou r i . 7 j

Andover F i n a n c i a l Co rp . , Andover, Kansas, for approval t o acqu i r e 100 percen t of the v o t i n g sha res of Andover S t a t e Bank, Andover, Kansas. 2/

Bon, I n c . , Moundridge, Kansas, f o r approval to acqu i re a t l e a s t 96 .9 percent of t h e v o t i n g sha re s of The C i t i z e n s S t a t e Bank, Moundridge, Kansas. 2 j

Broadway Bancshares , I n c . , Kansas C i t y , M i s s o u r i , for ap-proval t o a c q u i r e a t l e a s t 85 percent of the vo t i ng s h a r e s of Broadway Nat iona l Bank of Kansas C i ty , Kansas C i t y , M i s s o u r i . 2/

Kansas C i ty Cen t r a l Bancshares of Kansas C i t y , I n c . , Kansas C i t y , M i s s o u r i , f o r approval to a cqu i r e 93.72 percent of the v o t i n g s h a r e s of Cen t r a l Bank of Kansas C i t y , Kansas C i t y , M i s s o u r i . 7J

Kansas C i ty Chapman Bancshares , I n c . , Chapman, Kansas, for approval t o a c q u i r e a t l e a s t 91.2 percent of the v o t i n g sha re s of The Chapman S t a t e Bank, Chapman, Kansas. 2]

Kansas Ci ty Coffey Bancorpora t ion I n c . , Cof fey , Mis sou r i , f o r approval to a cqu i r e a t l e a s t 80 percent of t h e vo t i ng sha re s of Bank of C o f f e y , Cof fey , Mis sou r i . 2/

Minneapol is

Minneapol is

Kansas C i ty

Kansas C i ty

Kansas C i ty

Kansas C i ty

2/ A p p l i c a t i o n s u b j e c t to Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r of t he a p p l i c a b l e Reserve Bank may be con tac ted as to the l eng th of the comment p e r i o d .

I


$1.2, 1981 No. 42 - 1 7 -


Kansas Ci ty Secur i ty Bartcshares, I n c . , Kansas C i t y , Kansas, f o r ap-proval to a cqu i r e 100 percent of the v o t i n g sha re s of Secur i ty Nat iona l Bank of Kansas C i t y , Kansas C i t y , K a n s a s . 2J

Kansas Ci ty T rus t co Bankshares , I n c . , Kearney, Missour i , f o r approval to acqu i re a t l e a s t 80 percent of t he v o t i n g sha re s of Kearney T r u s t Company, Kearney, M i s s o u r i . 7 j

Kansas City Tulsa Commerce Bancshares , I n c . , T u l s a , Oklahoma, for ap-proval to acqu i r e at l e a s t 99.47 percent of the vo t ing sha re s of Bank of Commerce and Trus t Company, Tu l sa , Oklahoma. 2]

Kansas Ci ty United Cap i t a l Bancshares , I n c . , Wyandotte, Oklahoma, f o r approval to acqu i r e 100 percent of the vo t i ng sha re s of The Bank of Wyandotte, Wyandotte, Oklahoma. 2 j

Kansas Ci ty Western Bancshares of S p r i n g e r , I n c . , S p r i n g e r , New Mexico, fo r approval to acqu i re at l e a s t 80 percent of the vo t ing sha re s of Western Bank, S p r i n g e r , New Mexico. 2/

Kansas Ci ty Wray S t a t e Bancorpora t ion , Wray, Colorado, f o r approval to acqu i re a t l e a s t 80 percent of t he v o t i n g sha re s of Wray S t a t e Bank, Wray, Colorado. 2/

Dal las Al l i ed Marble F a l l s Bancshares , I n c . , Houston, Texas , fo r approval to a c q u i r e 100 percent of the v o t i n g sha re s of The Bank of Marble F a l l s , Marble F a l l s , Texas . 2/

Dal las Al l i ed Mesquite Bancshares , I n c . , Houston, Texas, f o r ap-proval to a cqu i r e 100 percent of t he v o t i n g sha re s of F i r s t Nat ional Bank of Mesqui te , Mesqui te , Texas . 2j

Dal las Al l i ed San Antonio Bancshares , I n c . , Houston, Texas , for ap-proval to a c q u i r e 100 percen t of the vo t i ng sha re s of The American Bank, San Antonio , Texas. 2/

Da l l a s Al l i ed Vidor Bancshares , I n c . , Houston, Texas , f o r approval to acqu i r e 100 percent of t he v o t i n g sha re s of Vidor S t a t e Bank, Vidor , Texas . 2j

Dal las Marl in F i n a n c i a l Corpo ra t i on , M a r l i n , Texas, for approval t o acqu i re a t l e a s t 80 percent of the vo t ing sha re s of Marl in Nat iona l Bank, M a r l i n , Texas. 2/

2/ A p p l i c a t i o n sub jec t to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as to the length of the comment p e r i o d .

I Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2, 1981 No. 42 - 1 8 -


San North Valley Bancorp, Redding, C a l i f o r n i a , f o r approval to F ranc i sco acqu i r e 100 percent of the vo t ing shares of North Valley

Bank, Redding, C a l i f o r n i a . 2/

* * * * *

Cleveland

Cleveland

A t l a n t a

At l a n t a

Chicago

Minneapol is


Huntington Bancshares I n c o r p o r a t e d , Columbus, Ohio, f o r approval to acqu i re 100 percent of the vo t ing shares of CUbanc Corp . , Reynoldsburg, Ohio and i n d i r e c t l y The Alexandr ia Bank Company, Alexandr ia , Ohio. 2/

Soc ie ty Corpora t ion , Cleveland, Ohio, f o r approval to acqu i re 100 percent of the vo t ing sha res of The C i t i z e n s Bank, Hamilton, Ohio. 2/

F i r s t Alabama Bancshares , I n c . , Montgomery, Alabama, f o r approval to a c q u i r e a t l e a s t 21.9 percent of the vot ing sha res of F i r s t Farmers and Merchants Nat ional Bank of Troy, Troy, Alabama. 2/

Sun Banks of F l o r i d a , I n c . , Orlando, F l o r i d a , f o r approval to a cqu i r e 100 percent of the vo t i ng shares of Sun Bank/ Indian Rive r , N.A., Vero Beach, F l o r i d a , a proposed new bank. 2./

The Marine Corpora t ion , Milwaukee, Wisconsin, f o r approval to a cqu i r e 100 percent of the vo t ing sha res of the suc -ces so r by merger to F i r s t F i n a n c i a l Group, I n c . , J a n e s -v i l l e , Wisconsin and thereby i n d i r e c t l y a c q u i r i n g a t l e a s t 90 percent of the vo t ing sha res of The F i r s t Na t iona l Bank, J a n e s v i l l e , Wisconsin, F i r s t Peoples Bank, J a n e s v i l l e , Wisconsin and Tobacco Exchange Bank, Edger ton, Wisconsin. 2/

In te rmounta in Bancorpora t ion , Columbia F a l l s , Montana, f o r approval to a cqu i r e 100 percent of the vo t ing sha res of The V i l l a g e Bank, Great F a l l s , Montana. 2/

27 A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as to the length of the comment p e r i o d .

i Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H. 2, 1981 No. 42 - 1 9 -


Kansas Ci ty Colorado Nat ional Bankshares, I n c . , Denver, Colorado, f o r approval to a cqu i r e 100 percent of t he vo t ing sha re s of Aurora Nat ional Bank, N.A., Aurora, Colorado; Boulder Nat ional Bank, Boulder , Colorado; For t C o l l i n s Nat ional Bank, Larimer County (P.O. Fort C o l l i n s ) , Colorado; Park Nat ional Bank of Pueblo and The F i r s t Nat ional Bank of of Pueblo, Pueblo , Colorado. _2/

Kansas Ci ty Mountain F i n a n c i a l S e r v i c e s , I n c . , Denver, Colorado, fo r approval to a c a u i r e 100 percent of the vo t ing sha re s of Southeast Parker Road Nat ional Bank, Arapahoe County, Colorado, a proposed new bank. 2 j

Dal las A l l i ed Bancshares , I n c . , Houston, Texas, for approval t o acqu i r e 100 percent of the vo t ing sha res of American Bancorp, I n c . , San Anton io , Texas and i n d i r e c t l y acqui re The American Bank, San Antonio, Texas . 2/

Da l las Al l i ed Bancshares , I n c . , Houston, Texas, for approval t o acqu i r e 100 percent of the vo t ing sha res of The Marble F a l l s F i n a n c i a l Corpora t ion , Marble F a l l s , Texas and i n d i r e c t l y a c q u i r e The Bank of Marble F a l l s , Marble F a l I s , Texas . 2/

Da l l a s Al l i ed Bancshares , I n c . , Houston, Texas, f o r approval to a cqu i r e 100 percent of the v o t i n g sha re s of Mesquite Bancshares , I n c . , Mesquite , Texas and i n d i r e c t l y a c q u i r e F i r s t Nat ional Bank of Mesquite , Mesqui te , Texas. 2/

Da l las Al l i ed Bancshares , I n c . , Houston, Texas, f o r approval to acqu i re 100 percent of the v o t i n g sha re s of Vidor Bancshares , I n c . , Vidor , Texas and i n d i r e c t l y a c q u i r e Vidor S t a t e Bank, Vidor , Texas. 2J

Da l l a s Republic of Texas C o r p o r a t i o n , D a l l a s , Texas , f o r approval to acqu i re 100 percent ( l e s s d i r e c t o r s ' q u a l i f i n g sha re s ) of the vo t ing sha re s of F i r s t Nat ional Bank, Sherman, Texas. 2/

Da l las Un ive r s i t y Bancshares , I n c . , Houston, Texas, f o r approval to acqu i re 100 percent of the vo t i ng sha re s of F i r s t Al ief Bank, A l i e f , Texas . 7 j

2/ App l i ca t i on sub jec t to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as to the length of the comment p e r i o d .


H. 2, 1981 No. 42 - 20 -


San U.S. Bancorp, P o r t l a n d , Oregon, f o r approval to acqu i r e F ranc i sco 100 percent of t h e v o t i n g sha re s of P a c i f i c S t a t e

Bank, Lincoln C i t y , Oregon and Bank of C o r v a l l i s , C o r v a l l i s , Oregon, both proposed new banks. 2/

* * * * *


C o r r e c t i o n : A t l a n t a The a p p l i c a t i o n for Sun Banks of F l o r i d a , I n c . , Or lando ,

F l o r i d a , to a c q u i r e Century Banks, I n c . , and i n d i r e c t l y 12 banks which was l i s t e d on H.2 No. 36, 1981 was in-c o r r e c t . Beach Guaranty Bank which was l i s t e d under t he banks being acquired should be d e l e t e d . 2 j

* * * * *

To Expand a Bank Holding Company Pursuant to Sec t ion 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956

Boston Hospi ta l Trus t C o r p o r a t i o n , P rov idence , Rhode I s l a n d , no-t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( i n a c t i v i t i e s t h a t may be c a r r i e d on by a t r u s t company, i n c l u d i n g a c t i v i t i e s of a f i d u c i a r y , investment adv isory , agency or c u s t o d i a l n a t u r e ) at 350 Royal Palm Way, Palm Beach, F l o r i d a , s e r v i n g Palm Beach County, F l o r i d a , through i t s s u b s i d i a r y , H o s p i t a l Trus t of F l o r i d a , N.A. (10 /14 /81)

Boston Old Stone C o r p o r a t i o n , Providence , Rhode I s l a n d , for ap-proval to a c q u i r e the a s s e t s and assume the l i a b i l i t i e s of Wachovia Rea l ty Inves tments , Winston-Salem, North C a r o l i n a .

New York Manufacturers Hanover Corpora t ion , New York, New York, r e q u e s t s permiss ion to expand the s e r v i c e a rea of an e x i s t i n g o f f i c e (consumer f i n a n c e , s a l e s f i n a n c e , a g e n t / b roker for c r e d i t insurance) the o f f i c e w i l l serve cus-tomers in F a i r f a x , P r ince Wil l iam, Loudoun, Fauqu ie r , Culpepper , Nor theas t e rn Orange, S t a t f o r d , Northern S p o t s y l v a n i a , Nor thern C a r o l i n e , King George and

2 j A p p l i c a t i o n sub j ec t to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as to the l eng th of the comment p e r i o d .


H.2, 1981 No. 42 - 2 1 -


Northern Essex Count ies in t he S t a t e of V i r g i n i a and Southern F r e d e r i c k , Southern C a r r o l l , Sou theas te rn Ba l t imore , Howard, C a l v e r t , Cha r l e s , S t . Marys, South-wes tern Kent, Northwestern Dorches te r and Western Talbot in the S t a t e of Maryland a t 6715 Backl ick Road, S p r i n g f i e l d , V i r g i n i a , through i t s s u b s i d i a r y , I n v e s t o r s Loan Corpora t ion (10 /15/81)

New York Manufac ture rs Hanover Corpo ra t i on , New York, New York, r e q u e s t s permiss ion to expand the s e r v i c e a rea of an e x i s t i n g o f f i c e ( a r r a n g i n g , making or a c q u i r i n g , f o r i t s own account or f o r t he account of o t h e r s , loans and o t h e r e x t e n s i o n s of c r e d i t such as would be made by a mortgage company, and s e r v i c i n g such loans and o the r e x t e n s i o n s of c r e d i t and a c t i n g as agent or broker f o r the s a l e of c r e d i t l i f e and c r e d i t acc iden t and h e a l t h i n su rance which i s r e l a t e d to such ex t ens ions of c r e d i t ; the o f f i c e w i l l se rve customers in F a i r f i e l d , Western New Haven, and Southern L i t c h f i e l d Count ies) a t One-Eleven East Bu i ld ing , 111 East Avenue, Su i t e 205, Norwalk, Connec t i cu t , through i t s s u b s i d i a r y , The F i -n a n c i a l Source , I nc . of Connec t icu t (10 /15/81)

Chicago

Minneapol is

Kansas City

San Francisco

Wilaine Corpo ra t i on , Des Moines, Iowa, f o r approval to engage i n d i r e c t l y through Annawan Investment Company in the s a l e of gene ra l i n su rance in a community of l e s s than 5,000 p o p u l a t i o n .

Commercial S t a t e Bancorpora t ion , Two Harbors , Minnesota, f o r approval to engage through Commercial S t a t e Bancshares , I n c . in o p e r a t i n g a genera l insurance agency in a town with l e s s than 5,000 p o p u l a t i o n .

United C a p i t a l Bancshares , I n c . , Wyandotte, Oklahoma, for approval t o engage in the s a l e of gene ra l insurance through Smith Agency, Wyandotte, Oklahoma.

BankAmerica Corpo ra t i on , San F ranc i s co , 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 to engage in de novo a c t i v i t i e s (mak-ing or a c q u i r i n g f o r i t s own account loans and o t h e r ex -t e n s i o n s of c r e d i t such as would be made or acqui red by a f i n a n c e company; s e r v i c i n g loans and o t h e r e x t e n s i o n s of c r e d i t ; and o f f e r i n g c r e d i t r e l a t e d l i f e insurance in the S t a t e of Massachuse t t s ; c r e d i t r e l a t e d acc iden t and h e a l t h insurance and c r e d i t r e l a t e d p roper ty insurance w i l l not be o f f e r e d in the S t a t e of Massachuse t t s ; such a c t i v i t i e s w i l l i n c l u d e , but not be l i m i t e d t o , making consumer i n s t a l l m e n t l oans ; purchas ing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s ; making loans and o t h e r e x t e n s i o n s of


H.2, 1981 No. 42 - 2 2 -


c r e d i t to small b u s i n e s s e s ; making loans and o the r ex-t e n s i o n s of c r e d i t secured by r e a l and persona l p roper ty ; and o f f e r i n g c r e d i t r e l a t e d l i f e insurance d i r e c t l y r e -l a t e d to e x t e n s i o n s of c r e d i t made or acquired by F i -nanceAmerica Corpora t ion of Massachuse t t s ) a t 52 Washington S t r e e t , Norwood, Massachuse t t s and Store #11, Park P l aza , 1334 Park S t r e e t , S toughton , Massachuse t t s , s e rv ing the e n t i r e S t a t e of Massachuse t t s , through i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica Corpora t ion of Massachuse t t s (a Massachuse t t s Corpora t ion) (10/14/81)

San BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i -F r a n c i s c o f i c a t ion of i n t e n t to r e l o c a t e de novo a c t i v i t i e s (mak-

ing or acqu i r ing f o r i t s own account loans and o the r ex-t e n s i o n s of c r e d i t such as would be made or acquired by a f inance company; s e r v i c i n g loans and o the r ex tens ions of c r e d i t ; and o f f e r i n g c r e d i t r e l a t e d l i f e i n s u r a n c e , c r e d i t r e l a t e d acc iden t and h e a l t h i n su rance , and c r e d i t r e l a t e d p roper ty i n su rance ; such a c t i v i t i e s w i l l i n c l u d e , but not be l imi t ed t o , making consumer i n s t a l lmen t l oans , pu rchas ing i n s t a l l m e n t s a l e s f inance c o n t r a c t s , making loans and o the r ex tens ions of c r e d i t to small b u s i n e s s e s , making loans secured by r e a l and personal p r o p e r t y , and o f f e r i n g c r e d i t r e l a t e d l i f e , c r e d i t r e l a t e d acc iden t and h e a l t h and c r e d i t r e l a t e d proper ty insurance d i r e c t l y r e l a t e d t o ex tens ions of c r e d i t made or acquired by F inance-America Corpora t ion) from 110 West Sara toga S t r e e t , Ba l t imore , Maryland to 30 East Padonia Road, Timonium, Maryland, through i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica Corpora t ion (a Maryland Corpora t ion) (10/14/81)

San S e c u r i t y P a c i f i c C o r p o r a t i o n , Los Angeles , C a l i f o r n i a , n o t i -F ranc i sco f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (mak-

ing or a c q u i r i n g for i t s own account or for the account of o t h e r s , loans and ex tens ions of c r e d i t inc lud ing making consumer i n s t a l l m e n t personal l o a n s , purchasing consumer i n s t a l l m e n t s a l e s f inance c o n t r a c t s , making loans to small bus ines ses and other ex t ens ions of c r e d i t such as would be made by a f a c t o r i n g company or a consumer f inance company; and a c t i n g as broker or agent for the s a l e of c r e d i t r e l a t e d l i f e , a c c i d e n t and h e a l t h insurance and c r e d i t r e l a t e d prop-e r t y and c a s u a l t y in su rance ) a t 170-176 South Escondido Boulevard, Escondido, C a l i f o r n i a , s e rv ing the S t a t e of C a l i f o r n i a , through i t s s u b s i d i a r y , Secu r i t y P a c i f i c Finance Corp. (10 /15 /81)


H.2, 1981 No. 42 - 2 3 -


REPORTS RECEIVED

Ownership Statement F i l ed Pursuant t o Sec t ion 13(d) of t he S e c u r i t i e s Exchange Act

The Bank of Vienna, Vienna, V i r g i n i a (F i l ed by Meyer H. Abraham)

The Independent Bank and Trus t Company West Tren ton , New J e r s e y ( F i l e d by Robert David Car r )

* * * * *

PETITIONS FOR RULEMAKING


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