h2_19820605.pdf

APPLICABLE RESERVE BANK

Chicago

Chicago

Kansas Ci ty

Chicago

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM ( H . 2 , 1982 No. 23)

A c t i o n s of t h e Board; A p p l i c a t i o n s and Reports

Received During the Week Ending June 5 , 1982

ACTIONS OF THE BOARD

Temporary suspens ion of t h e Regulat ion Q pena l ty normally imposed upon e a r l y withdrawal of t ime d e p o s i t funds f o r d e p o s i t o r s a f f e c t e d by s e v e r e storms and f l o o d i n g in Wichita County, Texas .

C i t i z e n s Bank & T r u s t , Manvel, Texas , investment in bank p r e m i s e s .

Texas Commerce Bancshares , I n c . , Houston, Texas, reques t t o have a common d i r e c t o r with American General Corpora-t i o n , Houston, Texas .

C i t i z e n s Bank, Sheboygan, Wiscons in , prepayment of c a p i t a l n o t e s .

CMB Bancorp, L t d . , Chicago, I l l i n o i s , e x t e n s i o n of t ime t o August 4 , 1982, w i t h i n which t o become a bank hold ing company through t h e a c q u i s i t i o n of 80 percent or more of t h e v o t i n g s h a r e s of Capitol Bank and Trust of Chicago, I l l i n o i s . ]_/

Central of I l l i n o i s , I n c . , S t e r l i n g , I l l i n o i s , e x t e n s i o n of t ime t o Ju ly 23 , 1982, w i t h i n which t o become a bank ho ld-ing company through t h e a c q u i s i t i o n of 100 percent of the v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o The Central National Bank o f S t e r l i n g , S t e r l i n g , I l l i n o i s , y

C i t i z e n s Nat ional Bancshares , I n c . , Oklahoma C i t y , Oklahoma, reques t f o r an e x t e n s i o n of t ime t o June 3 0 , 1982, w i th in which t o consummate t h e a c q u i s i t i o n of C i t i z e n s National Bank & Trust C o . , Oklahoma C i t y , Oklahoma. _!_/

Cont inenta l I l l i n o i s Corporat ion , Chicago, I l l i n o i s , e x t e n -s i o n of t ime t o October 11, 1982, w i th in which t o acquire 100 p e r c e n t of t h e v o t i n g shares of the s u c c e s s o r by merger t o Bank o f Oakbrook T e r r a c e , Oakbrook Terrace , I l l i n o i s . ]_/

T J A p p l i c a t i o n proces sed on beha l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .

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

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ACTIONS OF THE BOARD-Contm

D a l l a s

At lanta

Chicago

D a l l a s

S t . Louis

San Franc i sco

At lanta

New York

uhicago

A t l a n t a

F i r s t C i ty Financia l Corporat ion , Hobbs, New Mexico, e x -t e n s i o n of t ime t o Ju ly I , 1982, w i th in which t o con-summate the a c q u i s i t i o n of F i r s t City National Bank, Carlsbad, New Mexico, and F i r s t National Bank of Lea County, Hobbs, New Mexico. ]_/

F i r s t National Bancorp, G a i n e s v i l l e , Georgia , e x t e n s i o n of t ime t o September 15, 1982, w i t h i n which t o acquire F i r s t Corne l ia Corporat ion , C o r n e l i a , Georgia and i t s s u b s i d i a r y , F i r s t Bank of Habersham, C o r n e l i a , Georgia .

1/ Fort Wayne National Corporat ion , Fort Wayne, Indiana , e x -

t e n s i o n of t ime t o September 15, 1982, w i th in which t o become a bank ho ld ing company through the a c q u i s i t i o n of 100 percent of t h e v o t i n g shares of t h e s u c c e s s o r by merger t o Fort Wayne National Bank, Fort Wayne, Indiana, i /

Mercant i l e Texas Corporat ion , D a l l a s , Texas , e x t e n s i o n of t ime t o September 7 , 1982, w i t h i n which t o consummate t h e a c q u i s i t i o n of Southwest Bank, Mesqui te , Texas. JJ

Metropol i tan National Bancshares , I n c . , L i t t l e Rock, Arkansas, e x t e n s i o n of t ime t o August 21 , 1982, w i t h i n which t o become a bank ho ld ing company through t h e a c q u i s i t i o n of t h e s u c c e s s o r by merger t o Metropol i tan National Bank, L i t t l e Rock, Arkansas. J /

S e c u r i t y P a c i f i c Corporat ion , Los A n g e l e s , C a l i f o r n i a , e x -t e n s i o n of t ime w i t h i n which t o acqu ire a d d i t i o n a l shares of S e c u r i t y P a c i f i c Trust Limited , Reading, England. J /

Southern Bancorp. , S t . Pe ter sburg , F l o r i d a , e x t e n s i o n of t ime t o become a bank ho ld ing company through a c q u i s i t i o n of United Southern Bank, S t . Pe tersburg , F l o r i d a . JJ

Maplewood Bank and Trust Company, Maplewood, New J e r s e y , d iv idend in e x c e s s of t h e s t a t u t o r y l i m i t a t i o n s . \ J

Wisconsin S t a t e Bank, Delavan, Wiscons in , investment in bank p r e m i s e s . \ J

F i r s t National Bank o f F l o r i d a , Tampa, F l o r i d a , proposed merger with Venice-Nokomis Bank and Trust Company, S a r a s o t a , F l o r i d a ; report t o t h e Comptrol ler of t h e Currency on c o m p e t i t i v e f a c t o r s . J /

\ J A p p l i c a t i o n proces sed on b e h a l f of t h e 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 , 1982 No. 23

ACTIONS OF THE BOARD-Continued

A t l a n t a F i r s t S t a t e Bank of Decatur, Decatur , Alabama, proposed merger with Second S t a t e Bank of Decatur , I n c . , Decatur , Alabama; report to t h e Federal Depos i t Insurance Corpora-t i o n on c o m p e t i t i v e f a c t o r s . J /

Dal l a s New Mays County National Bank, San Marcos, Texas, pro-posed merger with Hays County National Bank, San Marcos, Texas; report t o the Comptrol ler of t h e Currency on c o m p e t i t i v e f a c t o r s . \ J

] / A p p l i c a t i o n processed on beha l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2 , 1982 No. 23 - 4 -


To E s t a b l i s h a Domestic Branch Pursuant t o S e c t i o n 9 of t h e Federal Reserve Act

Approved P h i l a d e l p h i a Girard Bank, Bala Cynwyd, Pennsy lvan ia . To e s t a b l i s h an

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 a t Germantown H o s p i t a l , One Penn Boulevard, P h i l a d e l p h i a , Pennsy lvan ia . V

Richmond Union Trust Company of Maryland, Ba l t imore , Maryland. To e s t a b l i s h customer-bank communication t e r m i n a l s at seven Bal t imore County and f i v e Bal t imore City l o c a t i o n s . J J

* * * * *

To Become a Member of t h e Federal Reserve System Pursuant t o S e c t i o n 9 of t h e Federal Reserve Act

Approved San New Val ley Bank of Nevada, Las Vegas, Nevada. J / F r a n c i s c o

* * * * *

To Merge Pursuant t o Sec t ion 1 8 ( c ) of t h e Federal Depos i t Insurance Act

Approved San New Val ley Bank of Nevada, Las Vegas, Nevada, t o merge F r a n c i s c o with Va l l ey Bank of Nevada, Las Vegas, Nevada. \ J

J / A p p l i c a t i o n p r o c e s s e d on beha 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 .


H.2 , 1982 No. 23 - 5 -


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 f o 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 t o S e c t i o n s 25 and 25(a) of the Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956, as amended

S i x t y Day N o t i f i c a t i o n Per iod Waived New York Ci t ibank Overseas Investment Corporat ion , Wilmington,

Delaware: no o b j e c t i o n t o c o n t i n u e t o h o l d , d i r e c t l y o r i n d i r e c t l y , through i t s c o n t r o l l e d s u b s i d i a r y , I n v e s t o r s Finance Corporat ion , Makati, Metro Manila, P h i l i p p i n e s , shares of Conso l ida ted Holdings Corpora-t i o n , Makati , Metro Manila, P h i l i p p i n e s a f t e r C o n s o l i d a t e d ( 1 ) a c q u i r e s 100 percent of the shares of Pag-Asa Savings and Loan A s s o c i a t i o n , I n c . , Quezon C i t y , Metro Mani la , P h i l i p p i n e s ; and (2) commits t o make p e r i o d i c a d d i t i o n a l inves tments in Pag-Asa through December 3 1 , 1982.

New York Republ ic New York Corporat ion , New York, New York: no o b j e c t i o n t o e s t a b l i s h a de novo f i n a n c e company in Curacao, Nether lands A n t i l l e s t o be named Republic F inanc ia l S e r v i c e s , N.V.

* * * * *

To Form a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956

Approved New York Frankl in Bancorp, Somerset , New J e r s e y , f o r approval t o

a c q u i r e a t l e a s t 80 percent of t h e v o t i n g s h a r e s of Frankl in S t a t e Bank, Frankl in Township (P .O. Somerse t ) , New J e r s e y . \ j

Chicago ELGIN STATE BANCORP, INC., E l g i n , I l l i n o i s , f o r approval t o a c q u i r e a t l e a s t 80 percent of t h e v o t i n g shares of The E l g i n S t a t e Bank, E l g i n , I l l i n o i s . J /

Chicago Lancas ter Bancshares , I n c . , L a n c a s t e r , Wiscons in , f o r ap-proval t o a c q u i r e a t l e a s t 80 percent of the vo t ing s h a r e s of Lancaster S t a t e Bank, Lancas ter , Wisconsin . 1 /

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


H.2, 1982 No. 23 - 6 -


Chicago PARKE BANCORP, Rockville, Indiana, fo r approval to acquire 100 percent of the voting shares of the successor by merger to The Parke State Bank, Rockville, Indiana. V

St. Louis Cabot Bankshares, Inc . , Cabot, Arkansas, for approval to acquire a t l e a s t 80 percent of the voting shares of Bank of Cabot, Cabot, Arkansas. V

St. Louis Hardin County Bancshares, Inc . , Savannah, Tennessee, for approval to acquire at l e a s t 80 percent of the voting shares of The Hardin County Bank, Savannah, Tennessee. ]_/

St. Louis MidAmerica BancSystem, Inc . , Fairview Heights, I l l i n o i s , for approval to acquire 100 percent of the voting shares of MidAmerica Bank and Trust Company of Alton, Alton, I l l i n o i s , MidAmerica Bank and Trust Company of Edgemont, East St. Louis, I l l i n o i s and MidAmerica Bank and Trust Company of Fairview Heights, Fairview Heights, I l l i n o i s . V

St. Louis Southeastern Indiana Bancorp, Yevay, Indiana, for approval to acquire a t l ea s t 80 percent of the voting shares of Yevay Deposit Bank, Yevay, Indiana the successor by merger to Bank of Switzerland County, Yevay, Indiana. 1/

Minneapolis Commercial Holding Company, Wagner, South Dakota, for ap-proval to acquire at l eas t 50.8 percent of the voting shares of Commercial State Bank of Wagner, Wagner, South Dakota. 1/

Minneapolis Glenwood Bancshares, Inc . , Glenwood City, Wisconsin, for approval to acquire at l e a s t 95.7 percent of the voting shares of F i r s t National Bank of Glenwood, Glenwood City, Wisconsin. V

Kansas City Lansing Bancshares, I nc . , Lansing, Kansas, for approval to acquire a t l e a s t 80 percent of the voting shares of F i r s t State Bank of Lansing, Lansing, Kansas. ]_/

San SGV Financial Corp., El Monte, Cal i fornia , for approval to Francisco acquire 100 percent of the voting shares of San Gabriel

Valley Bank, El Monte, Cal i fornia . V

San Valley Capital Corporation, Las Vegas, Nevada, fo r approval Francisco to acquire 100 percent (except d i rec tors ' qualifying shares)

of the voting shares of the successor by merger to Valley Bank of Nevada, Las Vegas, Nevada. 1/

T7 Application processed on behalf of the Board of Governors under delegated author i ty .


H.2 , 1982 No. 23 - "

ACTIONS OF THE BOARD-Continued .

To Expand a Bank Holding Company Pursuant t o . sect ion 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956

,Approved Munter Agency, I n c . , Stawberry. P o i n t , Iowa, f o r approval

t o a c q u i r e at l e a s t 5 7 . 6 9 percent of the vo t ing shares of Union Bank and Trust Company, Strawberry P o i n t , Iowa. 1/

I n d u s t r i a l Bancshares , I n c . , Kansas C i t y , Kansas, f o r ap-proval t o a c q u i r e an a d d i t i o n a l 3 . 5 3 percent of the v o t i n g shares of Commercial National Bank of Kansas C i t y , Kansas C i t y , Kansas. ]_/

Miss ion Bancshares , I n c . , M i s s i o n , Kansas, f o r approval t o a c q u i r e a t l e a s t 3 . 5 3 percent of t h e v o t i n g shares o f Commercial National Bank of Kansas C i t y , Kansas C i t y , Kansas. V

Stark Bancshares , I n c . , S t a r k , Kansas, f o r approval t o a c q u i r e 2 4 . 5 percent of t h e v o t i n g shares of Lansing Bancshares , I n c . , Lans ing , Kansas and i n d i r e c t l y a c q u i r e F i r s t S t a t e Bank of Lans ing , Lansing , Kansas. ]_/

Val ley View Bancshares , I n c . , Overland Park, Kansas, f o r approval t o a c q u i r e an a d d i t i o n a l 3 . 5 3 percent of t h e v o t i n g shares of Commercial National Bank of Kansas C i t y , Kansas C i t y , Kansas. V

F i r s t o f Aust in Bancshares , I n c . , A u s t i n , Texas , f o r ap-proval t o acqu ire 100 percent of t h e v o t i n g shares of F i r s t National Bank o f Cedar Park, Cedar Park, Texas . J /

Harr is County Bankshares, I n c . , Houston, Texas , f o r ap-proval t o acqu ire a t l e a s t 51 percent of t h e v o t i n g shares o f Harr i s County Bank^Northwest, National A s s o c i a t i o n , Houston, Texas . V

Da l las National Bancshares Corporation of Texas , San Antonio , Texas , f o r approval t o acqu ire 100 percent of the v o t i n g s h a r e s of National Bank of Commerce - Wurzbach, San Anton io , Texas , a proposed new bank. J J

Da l la s Republic o f Texas Corporat ion , D a l l a s , Texas , f o r approval t o acqu ire 100 percent of t h e vo t ing s h a r e s of Ty ler Bank and Trust Company, T y l e r , Texas . \ f

V A p p l i c a t i o n proces sed on beha l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .

Chicago

Kansas C i ty

Kansas C i ty

Kansas Ci ty

Kansas C i ty

D a l l a s

Dal l a s

I


H.2, 1982 No. 23 - 8 -


To Expand a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 5 ) o f t h e Bank Holding Company Act of 1956

Approved S t . Louis MidAmerica BancSystem, I n c . , Fa irv iew He ights , I l l i n o i s ,

f o r approval t o a c q u i r e Carbondale Bancshares , I n c . , Carbondale, I l l i n o i s and i n d i r e c t l y MidAmerica Bank and T r u s t Company o f Carbondale, Carbondale, I l l i n o i s , I l l i n o i s Bancshares , I n c . , Mascoutah, I l l i n o i s and i n d i r e c t l y MidAmerica Bank and Trust Company o f Mascoutah, I l l i n o i s and MidAmerica Bancshares , I n c . , Lebanon, I l l i n o i s and i n d i r e c t l y MidAmerica Bank and Trust Company of Lebanon, Lebanon, I l l i n o i s . 1 /

Kansas C i ty Commerce Bancshares , I n c . , Kansas C i t y , M i s s o u r i , f o r approval t o merge w i t h Plaza Bancshares , I n c . , Kansas C i t y , M i s s o u r i . 1 /

* * * * *

To Expand a Bank Holding Company Pursuant t o S e c t i o n 4 ( c ) ( 8 ) o f t h e Bank Holding Company Act o f 1956

Withdrawn Old Nat ional Bancorporat ion , Spokane, Washington, n o t i f i c a t i o n

o f i n t e n t t o engage i n de novo a c t i v i t i e s ( i n mortgage banking a c t i v i t i e s , i n c l u d i n g mating or a c q u i r i n g , f o r i t s own ac-count or f o r t h e account o f o t h e r s , l o a n s or o ther e x t e n -s i o n s o f c r e d i t , secured by real e s t a t e mortgages or deeds o f t r u s t , and t h e s e r v i c i n g o f such l o a n s , and such o t h e r a c t i v i t i e s as are i n c i d e n t a l t o the o p e r a t i o n s of a mortgage company, i n c l u d i n g , but not l i m i t e d , a c t i n g as agent or broker f o r the s a l e of mortgage redemption l i f e and d i s a b i l i t y insurance and property and c a s u a l t y insurance t o be i s s u e d i n c o n n e c t i o n w i t h e x t e n s i o n s of c r e d i t ) a t 3600 Eas t Alameda, Denver, Colorado, s e r v i n g Colorado, through i t s s u b s i d i a r i e s , Union S e c u r i t i e s Co. and Bancshares Mortgage Company. This w i l l c o r r e c t t h e n o t i c e which appeared on H.2 , 1982 a s Rece ived ( 6 / 4 / 8 2 ) 3 /

Approved S t . Louis MidAmerica BancSystem, I n c . , Fa irv iew H e i g h t s , I l l i n o i s ,

f o r approval t o acqu ire 100 p e r c e n t of the v o t i n g s h a r e s o f L inco ln T r a i l Insurance Agency, I n c . , Lebanon, I l l i n o i s . 1/

T7 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 o f the Board of Governors under d e l e g a t e d 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 p r o c e s s e d by Reserve Bank on beha l f of the Board o f Governors under d e l e g a t e d a u t h o r i t y .

San Franc i s co


H.2, 1982 No. 23 - 9 -


Permit ted Boston

Boston

Boston

Boston

F l e e t F i n a n c i a l Group, I n c . , Prov idence , Rhode I s l a n d ( formerly I n d u s t r i a l Nat ional Corporat ion , Prov idence , Rhode I s l a n d ) , 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 ( ( i ) a mortgage brokerage o p e r a t i o n under Chapter 494 of t h e F l o r i d a General S t a t u t e s which s h a l l i n c l u d e : (a ) a c t i n g a s a broker under s a i d a c t and (b) t h e o r i g i -n a t i o n and s a l e o f mortgage l o a n s a s a u t h o r i z e d and permi t t ed under F l o r i d a law; ( i i ) in surance agency f o r t h e s a l e o f c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e s o l d in c o n n e c t i o n w i t h such mortgage loans ; and ( i i i ) s e r v i c i n g o f mortgages) a t 4554 S . Orange Blossom T r a i l , Orlando, F l o r i d a , through i t s d i r e c t who l ly owned s u b s i d i a r y , F l e e t Mortgage Brokers , Inc . (a F l o r i d a Corporat ion) ( 6 / 3 / 8 2 ) 3 /

F l e e t F i n a n c i a l Group, I n c . , Prov idence , Rhode I s l a n d , ( former ly I n d u s t r i a l Nat ional Corporat ion) n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s ( the o r i g i n a t i o n of loans f o r t h e purchase "of mobi le homes) a t 125 E a s t Wel l s S t r e e t , Milwaukee, Wiscons in , s e r v i n g t h e S t a t e of Wiscons in , through i t s s u b s i d i a r y , Kensington Mortgage and Finance Corp. ( 6 / 3 / 8 2 ) 3 /

F l e e t F i n a n c i a l Group, I n c . , Prov idence , Rhode I s l a n d ( former ly I n d u s t r i a l Nat ional Corpora t ion ) , 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 ( ( 1 ) o r i g i n a t i o n and s a l e o f r e s i d e n t i a l mortgages; (11) o r i g i n a t i o n and s a l e of l oans secured by j u n i o r l i e n s on r e s i d e n t i a l real e s t a t e ; ( i i i ) s e r v i c i n g o f r e s i d e n t i a l mortgage l o a n s and l o a n s secured by j u n i o r l i e n s on r e s i d e n t i a l real e s t a t e ; ( i v ) in surance agency f o r t h e s a l e o f c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e d i r e c t l y r e l a t e d to an e x t e n s i o n of c r e d i t ) a t S u i t e 1 , 10046 South Western Avenue, Chicago, I l l i n o i s , the s e r v i c e area f o r t h e new o f f i c e w i l l be t h e e a s t c e n t r a l p o r t i o n of Cook County, I l l i n o i s , through i t s d i r e c t s u b s i d i a r y , Mortgage A s s o c i a t e s , I n c . (a Rhode I s l a n d c o r p o r a t i o n ) ( 6 / 3 / 8 2 ) ZJ

Old Stone Corporat ion , Prov idence , Rhode I s l a n d , n o t i f i c a t i o n o f i n t e n t t o engage in de novo a c t i v i t i e s ( t h e o r i g i n a t i o n , s a l e and s e r v i c i n g o f f i r s t and second mortgage l o a n s , the s a l e o f c r e d i t l i f e and c r e d i t h e a l t h and a c c i d e n t insurance o f f e r e d i n c o n n e c t i o n wi th e x t e n s i o n s of c r e d i t , which insurance would be r e i n s u r e d by an a f f i l i a t e , Motor L i f e Insurance Company, J a c k s o n v i l l e , F l o r i d a ; and t h e s a l e o f c a s u a l t y insurance on

37 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Reserve Bank on beha l f of the Board o f Governors under d e l e g a t e d a u t h o r i t y .


H.2 , 1982 No. 23 - 1 0 -


property mortgaged in connec t ion with e x t e n s i o n s of c r e d i t ) a t S u i t e 127, 1895 Phoenix Boulevard, C o l l e g e Park, Georgia, s e r v i n g t h e southwest m e t r o p o l i t a n area of At lanta and the Georgia c o u n t i e s of Clayton , Fu l ton , and DeKalb, through i t s s u b s i d i a r y , DAC Corporation of Georgia ( 6 / 3 / 8 2 ) _3/

New York The Chase Manhattan Corporat ion , New York, New York, r eques t s permiss ion t o e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g 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 t h e account of o t h e r s , loans and o ther e x t e n s i o n s of c r e d i t , both secured and unsecured i n c l u d i n g , but not l i m i t e d t o , consumer and b u s i n e s 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 b u s i n e s s purposes and mortgage loans secured by rea l proper ty ; s e r v i c i n g loans and o ther 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 at 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 a c c i d e n t and h e a l t h insurance d i r e c t l y r e l a t e d t o such l ending and s e r v i c i n g a c t i v i t i e s ) at 5151 East Broadway, S u i t e 140, Tucson, Ar izona , s e r v i n g t h e S t a t e of Arizona, through i t s s u b s i d i a r y , Chase Manhattan Financia l S e r v i c e s , Inc . ( 6 / 4 / 8 2 ) 3 /

P h i l a d e l p h i a F i r s t Va l l ey Corporat ion , Bethlehem, Pennsy lvan ia , 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 ( t h e making of com-mercial l e a s e s of personal property in accordance with t h e Federal Reserve Board's Regulat lonY) a t One Bethlehem P l a z a , Bethlehem, Pennsy lvan ia , s e r v i n g P e n n s y l v a n i a , New York, New J e r s e y , Delaware and Maryland, through i t s s u b s i d i a r y , F i r s t Va l l ey Leas ing , Inc . ( 6 / 3 / 8 2 ) 2 /

Richmond Dominion Bankshares Corporat ion , Roanoke, V i r g i 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 1n de novo a c t i v i t i e s ( a c t i n g as insurance agent or broker with r e s p e c t t o t h e f o l l o w i n g t y p e s o f insurance r e l a t e d t o or a r i s i n g out of l oans made or c r e d i t t r a n s a c t i o n s Invo lv ing The F i r s t National Exchange Bank o f V i r g i n i a ; c r e d i t l i f e i n s u r a n c e , c r e d i t a c c i d e n t and h e a l t h Insurance; mortgage redemption i n s u r -ance and mortgage a c c i d e n t and h e a l t h insurance ; non-c o n v e r t i b l e term l i f e insurance ; and phys i ca l damage insurance on motor v e h i c l e s , mobi le homes, motor homes, b o a t s , t r a i l e r s and o t h e r kinds of personal property or a t tachments des igned f o r use in connec t ion t h e r e w i t h ) a t o f f i c e s o f The F i r s t National Exchange Bank of V i r g i n i a , s e r v i n g t h e c i t y of Galax and p o r t i o n s of t h e c o u n t i e s of Carrol l and Grayson, through i t s s u b s i d i a r y , Dominion Bankshares S e r v i c e s , Inc . ( 5 / 3 0 / 8 2 ) _3/

3 7 4 ( c ) ( 8 ) n o t i f i c a t i o n processed on beha l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2 , 1982 No. 23 - 11 -


Richmond NCNB Corporat ion , C h a r l o t t e , North C a r o l i n a , n o t i f i c a t i o n of i n t e n t t o r e l o c a t e an o f f i c e of i t s s u b s i d i a r i e s , TranSouth F i n a n c i a l Corporat ion of F l o r i d a and TransSouth Mortgage Corporation o f F l o r i d a , from 8373 Bird S t r e e t t o 3901 N.W. 79th Avenue, Miami, F l o r i d a , and t o cont inue t o engage in t h e f o l l o w i n g a c t i v i t i e s (making d i r e c t loans f o r consumer and o t h e r purposes under t h e F l o r i d a Consumer Finance A c t , purchasing r e t a i l i n s t a l l m e n t n o t e s and c o n t r a c t s and a c t i n g as agent f o r t h e s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and h e a l t h and phys i ca l damage insurance d i r e c t l y r e l a t e d t o i t s e x t e n s i o n s of c r e d i t ) through i t s s u b s i d i a r y , TransSouth F inanc ia l Corporation o f F l o r i d a ; and (making d i r e c t loans f o r consumer and o t h e r purposes under t h e general usury s t a t u t e s , purchasing r e t a i l i n s t a l l m e n t n o t e s and c o n t r a c t s , making d i r e c t loans t o d e a l e r s f o r t h e f i n a n c i n g of inventory ( f l o o r p lanning) and working c a p i t a l purposes and a c t i n g as agent f o r the s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and h e a l t h and phys ica l damage insurance d i r e c t l y r e l a t e d t o i t s e x t e n s i o n s of c r e d i t ) through i t s s u b s i d i a r y , TranSouth Mortgage Corporation of F lor ida ( 6 / 2 / 8 2 ) 3 /

San F i r s t I n t e r s t a t e Bancorp, Los A n g e l e s , C a l i f o r n i a , n o t i f i c a t i o n of Franc i s co i n t e n t t o engage in de novo a c t i v i t i e s ( i n a c t i n g as an i n -

vestment or f i n a n c i a l a d v i s e r t o t h e e x t e n t s e t f o r t h in the Board's Regu la t ion Y) in Reno, Nevada and Las Vegas, Nevada, s e r v i n g Nevada, Oregon, C a l i f o r n i a , Ar izona , Utah, and Idaho, through i t s wholly-owned s u b s i d i a r y , F i r s t I n t e r s t a t e Investment Adv i ser s of Nevada, Inc . ( 5 / 3 1 / 8 2 ) 3 /

San Imperial Bancorp, Inglewood, 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 F r a n c i s c o t o engage in de novo a c t i v i t i e s (making, a c q u i r i n g or p l a c i n g

l o a n s ( p r i m a r i l y insurance premium f i n a n c i n g ) and o ther e x -t e n s i o n s of c r e d i t f o r i t s own account and f o r the account of o t h e r s and s e r v i c i n g such loans and o t h e r e x t e n s i o n s of c r e d i t f o r i t s own account and f o r the account of o t h e r s throughout t h e United S t a t e s ; t h e company has p r e v i o u s l y commenced insurance premium f i n a n c e a c t i v i t i e s throughout t h e S t a t e s of Alaska , Ar izona , Nevada, Oregon and Washington) a t 1603 116th Avenue, N . E . , B e l l e v u e , Washington; 2910 East Camel back Road, Phoenix, Arizona; 3200 W i l s h i r e Boulevard, Los A n g e l e s , C a l i f o r n i a and 50 C a l i f o r n i a S t r e e t , San F r a n c i s c o , C a l i f o r n i a , t h e geographic area t o be served w i l l be t h e United S t a t e s , through a whol ly owned s u b s i d i a r y , Imperial Credi tcorp ( 6 / 3 / 8 2 ) 3 /

3 / 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on beha l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1982 No. 23 - 12 -


San Old National Bancorporat ion , Spokane, Washington, n o t i f i c a t i o n Franc i sco of i n t e n t t o engage i n 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 Tor the account of o t h e r s , l oans or o t h e r e x t e n s i o n s of c r e d i t , secured by real e s t a t e mortgages or deeds of t r u s t , and the s e r v i c i n g of such l o a n s , and such o ther a c t i v i t i e s as are i n c i d e n t a l t o t h e o p e r a t i o n s of a mortgage company i n c l u d i n g , but not l i m i t e d t o , a c t i n g as agent or broker f o r the s a l e of morgage redemption l i f e and d i s a b i l i t y insurance and property and c a s u a l t y insurance to be i s s u e d in c o n n e c t i o n wi th the making, a c q u i r i n g or s e r v i c i n g of such l o a n s ) a t 1111 Third Avenue, S u i t e 1400, S e a t t l e , Washington, s e r v i n g the S t a t e of Washington, through i t s s u b s i d i a r y , Bancshares Mortgage Company ( 6 / 3 / 8 2 ) 3 /

San S e c u r i t y P a c i f i c Corporat ion, Los Ange l e s , C a l i f o r n i a , no-F r a n c i s c 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 a c q u i r i n g f o r i t s own account or f o r t h e account of o t h e r s , l o a n s and e x t e n s i o n s of c r e d i t , i n c l u d i n g 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 i n a n c e c o n t r a c t s , making loans to small b u s i n e s s e s and o ther e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company o r a consumer f i n a n c e company and a c t i n g as broker or agent f o r t h e s a l e of c r e d i t - r e l a t e d insurance from o f f i c e s of S e c u r i t y P a c i f i c F inance Corp. and S e c u r i t y P a c i f i c Finance Cred i t Corp.) a t 3690 Orange P l a c e , S u i t e 330 , Beachwood, Ohio, s e r v i n g t h e S t a t e of Ohio, through i t s s u b s i d i a i r e s , S e c u r i t y P a c i f i c Finance Corp. and S e c u r i t y P a c i f i c F inance C r e d i t Corp. ( 6 / 3 / 8 2 ) 3 /

San U.S. Bancorp, Por t land , Oregon, n o t i f i c a t i o n of i n t e n t t o engage F r a n c i s c o i n de novo a c t i v i t i e s ( i n a p p r a i s a l s of commercial and r e s i d e n t i a l

r eaT"es ta te f o r i t s customers and o u t s i d e c l i e n t s in con-formance w i t h the p r o v i s i o n s of S e c t i o n 2 2 5 . 4 ( a ) ( 1 4 ) of Reg-u l a t i o n Y) a t 555 S.W. Oak S t r e e t , P o r t l a n d , Oregon, s e r v i n g customers in the Western United S t a t e s , pr imar i ly in the S t a t e of Oregon ( 6 / 4 / 8 2 ) 3 /

San U.S. Bancorp, P o r t l a n d , Oregon, n o t i f i c a t i o n of i n t e n t to engage Franc i sco in de novo a c t i v i t i e s (making, a c q u i r i n g and s e r v i c i n g of loans

and~other e x t e n s i o n s of c r e d i t , e i t h e r secured or unsecured, f o r i t s own account or f o r t h e account of o t h e r s i n c l u d i n g , but not l i m i t e d t o , consumer loans ; i n s t a l l m e n t s a l e s c o n t r a c t s and o ther forms of r e c e i v a b l e s ; making inves tments and a c t i n g a s insurance agent wi th regard to c r e d i t l i f e and d i s a b i l i t y in surance , property and c a s u a l t y i n s u r a n c e , s o l e l y in c o n n e c t i o n wi th e x t e n s i o n s of c r e d i t by Bancorp S e r v i c e s ; Bancorp r e l i e s

3 7 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 d e l e g a t e d a u t h o r i t y .


H.2 , 1982 No. 23 - 13 -


upon the r e l e v a n t p r o v i s i o n of S e c t i o n 2 2 5 . 4 ( a ) of R e g u l a t i o n Y as f o l l o w s : 2 2 5 . 4 ( a ) ( 1 ) , ( 2 ) , ( 3 ) , and ( 9 ) ( i ) ( A ) ) a t 753-1 El Camino Rea l , Sunnyvale , C a l i f o r n i a , t h e geographic area to be served w i l l be p r i n c i p a l l y the SMSA d e f i n e d as Santa Clara County, a primary s e r v i c e area w i t h i n the SMSA has been i n d e n t i f i e d as t h e Ci ty o f Sunnyvale , through i t s s u b s i d i a r y , U.S . Bancorp F inanc ia l S e r v i c e s , I n c . ( 6 / 3 / 8 2 ) 3/

San U.S . Bancorp, P o r t l a n d , Oregon, n o t i f i c a t i o n o f i n t e n t t o F r a n c i s c o engage in de novo a c t i v i t i e s (making, a c q u i r i n g and s e r -

v i c i n g o f 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 , e i t h e r secured or unsecured, f o r i t s own account or f o r the account o f o t h e r s i n c l u d i n g , but not l i m i t e d t o , com-mercial , consumer l o a n s ; i n s t a l l m e n t s a l e s c o n t r a c t s and o t h e r forms o f r e c e i v a b l e s ; i s s u i n g passbook and i n v e s t -ment c e r t i f i c a t e s ; making inves tments as permit ted by Colorado Revised S t a t u t e s 11-22-101 t o 1 1 - 2 2 - 5 1 7 ; and a c t i n g as in surance agent wi th regard to c r e d i t l i f e and d i s a b i l i t y in surance s o l e l y in connec t ion wi th e x t e n s i o n s of c r e d i t by Boulder I n d u s t r i a l ) a t the i n t e r s e c t i o n of North 28 th S t r e e t and I r i s Avenue in Boulder, Colorado, through i t s s u b s i d i a r y , U .S . Boulder I n d u s t r i a l Bank ( 5 / 3 1 / 8 2 ) 3 /

37 4(c)(8) not i f icat ion processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1982 No. 23 - 14 -

APPLICATIONS RECEIVED

To E s t a b l i s h a Domestic Branch Pursuant t o S e c t i o n 9 of t h e Federal Reserve Act

Richmond Bank of t h e Commonwealth, N o r f o l k , V i r g i n i a . To e s t a b -l i s h a branch a t 225 South Rosemont Road, V i r g i n i a Beach, V i r g i n i a . 2 /

* * * * *

To Merge Pursuant t o S e c t i o n 1 8 ( c ) of t h e Federal Depos i t Insurance Act

Richmond American Bank Company, P r i n c e t o n , West V i r g i n i a , t o merge wi th Pr ince ton Bank 8 Trust Company, P r i n c e t o n , West V i r g i n i a . 2J

* * * * *

To Become a Member of t h e Federal Reserve System Pursuant t o S e c t i o n 9 of t h e Federal Reserve Act

Richmond American Bank Company, P r i n c e t o n , West V i r g i n i a , t j

* * * * *

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 f o 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 t o S e c t i o n s 25 and 25 (a ) of t h e Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956, as amended

Boston The F i r s t National Bank of Bos ton , Bos ton , Massachuse t t s : grants consent t o i n c r e a s e i t s c a p i t a l investment in Bank of Boston Canada.

New York C i t i c o r p , New York, New York: 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 make an a d d i t i o n a l i n v e s t m e n t , d i r e c t l y or i n d i r e c t l y , i n C i t i c o r p I n t e r n a t i o n a l F inance , S . A . , Zurich, S w i t z e r l a n d .

T J 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 t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d a s t o t h e l ength of t h e comment p e r i o d .


H.2 , 1982 No. 23 - 15 -

APPLICATIONS RECEIVED-Continued

New York

New York

P h i l a d e l p h i a

A t l a n t a

A t l a n t a

A t l a n t a

Chicago

Nat ional Westminster Bank PLC, London, England: r e q u e s t -ing System concurrence t h a t i t can r e t a i n a l l of t h e common s tock o f County Bank Limited , an Engl i sh merchant bank, a f t e r County commences t o engage , through a who l ly -owned de novo s u b s i d i a r y , CB I n t e r n a t i o n a l S e c u r i t i e s , I n c . , a Delaware Corporat ion , in c e r t a i n merger and a c q u i s i t i o n and p r i v a t e placement adv i sory s e r v i c e s in t h e United S t a t e s and t o ac t as United S t a t e s cus tod ian f o r s e c u r i t i e s of c l i e n t s adv i sed by C.B. I n t e r n a t i o n a l Investments L imi ted , a wholly-owned f o r e i g n s u b s i d i a r y o f County.

Republ ic Nat ional Bank o f New York, New York, New York: 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 make an a d d i t i o n a l investment in Republic National Bank of New York (Panama) I n c . , Panama C i t y , Republ ic of Panama.

* * * * *

To Form a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 1 ) o f t h e Bank Holding Company Act o f 1956

Keystone H e r i t a g e Group, I n c . , Lebanon, Pennsy lvan ia , f o r approval t o a c q u i r e 100 percent of t h e vo t ing shares of Lebanon Va l l ey Nat ional Bank, Lebanon, Pennsy lvan ia . 2 /

Gulf South Bancshares , I n c . , Gretna, L o u i s i a n a , f o r ap-proval t o a c q u i r e a t l e a s t 80 percent o f t h e v o t i n g s h a r e s o f Gulf South Bank and Trust Company, Gretna, L o u i s i a n a . 2 J

One American C o r p . , V a c h e r i e , L o u i s i a n a , f o r approval t o a c q u i r e 100 percent o f t h e v o t i n g s h a r e s o f F i r s t American Bank and T r u s t , Vacher ie , L o u i s i a n a . 2J

UBF C o r p o r a t i o n , Dade C i t y , F l o r i d a , f o r approval t o a c q u i r e a t l e a s t 80 percent of t h e v o t i n g shares of The Bank of Pasco County, Dade C i t y , F l o r i d a . 2J

Marquette Nat ional Corpora t ion , Chicago , I l l i n o i s , f o r approval t o 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 ( 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 ) o f t h e s u c c e s s o r by merger t o Marquette National Bank, Chicago, I l l i n o i s . 2/

T J A p p l i c a t i o n s u b j e c t t o Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d a s t o t h e l eng th of t h e comment p e r i o d .


H.2 , 1982 No. 23 - 1 6 -


S t . Louis Dumas Bancshares , I n c . , Dumas, Arkansas, f o r approval t o a c q u i r e a t l e a s t 80 percent of t h e v o t i n g shares of Dumas S t a t e Bank, Dumas, Arkansas. 2J

S t . Louis Farmers Bancorp I n c . , Dyersburg, Tennessee , f o r approval t o acqu ire a t l e a s t 85 percent of the vo t ing shares of Farmers Bank, Trimble , Tennessee . 2 /

S t . Louis Miles-Advance Bancshares , I n c . , Advance, M i s s o u r i , f o r approval t o a c q u i r e a t l e a s t 80 percent of t h e v o t i n g shares of The Bank o f Advance, Advance, M i s s o u r i . 2J

S t . Louis PDR Bancshares , I n c . , P r a i r i e du Rocher, I l l i n o i s , f o r approval t o acqu ire a t l e a s t 80 percent of the vo t ing s h a r e s of S t a t e Bank of P r a i r i e du Rocher, P r a i r i e du Rocher, I l l i n o i s . 2 /

Kansas Ci ty Lakeshore Bancshares , I n c . , Oklahoma C i t y , Oklahoma, f o r approval t o a c q u i r e at l e a s t 80 percent of the vo t ing s h a r e s of Lakeshore Bank, N.A. , Oklahoma C i t y , Oklahoma. 2/

Dal l a s Andrews F inanc ia l Corporat ion , Andrews, Texas, f o r approval t o a c q u i r e 80 percent or more of t h e v o t i n g shares of Andrews Bancshares , Inc . and i n d i r e c t l y Commercial S t a t e Bank, Andrews, Texas. 2 /

San F i r s t Bancorp, Mai ad C i t y , Idaho, f o r approval t o acqu ire Franc i s co 100 percent of t h e v o t i n g shares of t h e s u c c e s s o r by

merger t o F i r s t Bank and Trust of Idaho, Mai ad C i t y , Idaho. 2 /

San Meridian Bancorp, P l e a s a n t H i l l , C a l i f o r n i a , f o r approval Franc i s co t o a c q u i r e 100 percent of t h e v o t i n g shares of Meridian

National Bank, P l e a s a n t H i l l , C a l i f o r n i a . 2 /

* * * * *

To Expand a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956

Kansas Ci ty American, I n c . , Oswego, Kansas, f o r approval t o acquire 20 percent of t h e v o t i n g shares of Peoples Insurance Agency, I n c . , Sharon S p r i n g s , Kansas and i n d i r e c t l y The Peop le s S t a t e Bank, Sharon S p r i n g s , Kansas. Zj

TJ 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 t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d as t o t h e l eng th of t h e comment p e r i o d .


H.2 , 1982 No. 23 - 1 7 -

. APPLICATIONS RECEIVED-Continued

. 'anscs Ci ty

Kansas Ci ty

Kansas C i ty

Kansas Ci ty

Kansas Ci ty

D a l l a s

D a l l a s

Dal l a s

F i r s t of Her ington , I n c . , Her ington , Kansas, f o r approval t o a c q u i r e 10 percent o f t h e v o t i n g shares of Peoples Insurance Agency, I n c . , Sharon S p r i n g s , Kansas and i n -d i r e c t l y The Peoples S t a t e Bank, Sharon S p r i n g s , Kansas. 2 /

F i r s t Insurance Agency, I n c . , Good!and, Kansas, f o r ap-proval t o a c q u i r e 20 percent of t h e v o t i n g shares of P e o p l e s Insurance Agency, I n c . , Sharon S p r i n g s , Kansas and i n d i r e c t l y The Peoples S t a t e Bank, Sharon S p r i n g s , Kansas. 2 /

Fourth F inanc ia l Corporat ion , Wich i ta , Kansas, f o r ap-proval t o acqu ire 2 4 . 9 8 percent of t h e v o t i n g common s h a r e s and 100 percent of t h e nonvot ing p r e f e r r e d s h a r e s of C o f f e y v i l l e Bancshares , I n c . , C o f f e y v i l l e , Kansas and i n d i r e c t l y The F i r s t National Bank of C o f f e y v i l l e , C o f f e y v i l l e , Kansas. 2 /

I n t e r n a t i o n a l Bancorp, Denver, Colorado, f o r approval t o a c q u i r e 100 percent of t h e v o t i n g shares of I n t e r -n a t i o n a l Bank North, Federal H e i g h t s , Colorado, a pro-posed new bank. 2J

Jennings Bank Shares , I n c . , J e n n i n g s , Kansas, f o r approval t o a c q u i r e 12 percent of t h e v o t i n g shares of Peoples Insurance Agency, I n c . , Sharon S p r i n g s , Kansas and i n -d i r e c t l y The Peoples S t a t e Bank, Sharon S p r i n g s , Kansas. 2/

F i r s t Ci ty Bancorporation of Texas , I n c . , Houston, Texas, f o r approval t o acquire 100 percent of t h e v o t i n g shares of F i r s t C i ty Bank-West B e l t N.A. , Houston, Texas, a proposed new bank. 2/

F i r s t City Bancorporation of Texas , I n c . , Houston, Texas, f o r approval t o a c q u i r e / 1 0 0 percent of t h e v o t i n g shares of F i r s t Ci ty National Bank o f Fort Worth, Fort Worth, Texas , a proposed new bank. 2J

RLG Bancshares , N.V. and i t s s u b s i d i a r y , F i r s t Western Bancshares , I n c . , Houston, Texas, f o r approval t o a c q u i r e 100 percent of the v o t i n g shares of F i r s t Western Bank-Westwood, N.A. , Houston, Texas , a proposed new bank. ZJ

2/ A p p l i c a t i o n s u b j e c t t o Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d as t o t h e l e n g t h of t h e comment p e r i o d .


H.2 , 1982 No. 23 - 18 -


D a l l a s Tahoka F i r s t Bancorp, I n c . , Tahoka, Texas , f o r approval t o a c q u i r e a t l e a s t 80 percent of t h e v o t i n g shares o f Cedar Creek Bank, Seven P o i n t s , Texas . 2 /

Dal las Unicorp Bancshares , I n c . , Houston, Texas , f o r approval t o acqu ire 100 percent of the v o t i n g shares of Unitedbank -I 10 West, N .A. , Katy, Texas , a proposed new bank. 2J

D a l l a s V i c t o r i a Bankshares , I n c . , V i c t o r i a , Texas, f o r approval t o acqu ire 100 percent of t h e v o t i n g shares of Angleton Bank of Commerce, Angleton, Texas . 2 /

* * * * *

To Expand a Bank Holding Company Pursuant t o S e c t i o n 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956

Boston BankEast Corporat ion , Manchester, New Hampshire, f o r ap-proval t o e s t a b l i s h a branch o f f i c e of BankEast Guaranty Sav ings Bank, Salem, New Hampshire.

New York The Chase Manhattan Corporat ion , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e engaging in t h e f o l l o w i n g 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 f o r t h e account o f o t h e r s , l o a n s 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 commercial f i n a n c e , equipment f i n a n c e or f a c t o r i n g company, i n c l u d i n g f a c t o r i n g accounts r e c e i v a b l e , making advances and over-advances on r e c e i v a b l e s and Inventory and b u s i n e s s i n s t a l l m e n t l end ing as w e l l a s unsecured commercial l o a n s ; s e r -v i c i n g l o a n s and o t h e r e x t e n s i o n s o f c r e d i t ; l e a s i n g personal property on a f u l l payout b a s i s and in accordance wi th t h e Board's Regulat ion Y; or a c t i n g as a g e n t , broker or a d v i s e r in so l e a s i n g such prop-e r t y i n c l u d i n g t h e l e a s i n g o f motor v e h i c l e s ) at P l a n t a t i o n O f f i c e V i l l a s , 120 South U n i v e r s i t y D r i v e , P l a n t a t i o n , F l o r i d a , through i t s s u b s i d i a r y , Chase Commercial Corporat ion ( 6 / 1 / 8 2 )

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e engaging in t h e f o l l o w i n g a c t i v i t i e s ( W e s a l e of United S t a t e s d o l l a r and

27 A p p l i c a t i o n s u b j e c t t o Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r o f t h e a p p l i c a b l e Reserve Bank may be c o n t a c t e d a s t o t h e l eng th o f t h e comment p e r i o d .


H.2 , 1982 No. 23 - 19 -


fore ign-denominated t r a v e l e r s checks) a t Honolulu I n t e r n a t i o n l A i r p o r t , Honolulu, Hawaii, through i t s s u b s i d i a r y , C i t i c o r p (USA), Inc . ( 6 / 2 / 8 2 )

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o expand the s e r v i c e area of an e x i s t i n g o f f i c e engag-ing in t h e f o l l o w i n g a c t i v i t i e s ( t h e s a l e of c r e d i t r e l a t e d property and c a s u a l t y insurance p r o t e c t i n g real and personal property s u b j e c t t o a s e c u r i t y agreement w i t h C i t i c o r p Acceptance Company, I n c . ; t h e proposed expanded s e r v i c e area s h a l l inc lude t h e e n t i r e S t a t e of Georgia) a t 41 Per imeter Center E a s t , N . E . , S u i t e 540, A t l a n t a , Georgia , through i t s s u b s i d i a r y , C i t i c o r p Acceptance Company, I n c . ( 6 / 2 / 8 2 )

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h two de novo o f f i c e s engaging in the f o l l o w -ing a c t i v i t i e s T t h e making or acqu ir ing of l oans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured, f o r consumer and o t h e r purposes ; the e x t e n s i o n of l o a n s t o d e a l e r s f o r the f i n a n c i n g of inventory ( f l o o r plann-ing ) and working c a p i t a l purposes ; the purchasing and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e con-t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or decreas ing or l e v e l ( i n the c a s e of s i n g l e payment l o a n s ) term l i f e insurance by l i c e n s e d a g e n t s or brokers as required; t h e s a l e of c r e d i t re-l a t e d property and c a s u a l t y insurance p r o t e c t i n g real and personal property s u b j e c t to a s e c u r i t y agreement with C i t i c o r p Homeowners, Inc . and t o the e x t e n t per-m i s s i b l e under a p p l i c a b l e S t a t e insurance laws and r e g u l a t i o n s ; the s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e s e r v i c i n g , f o r any person, of l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; t h e making, 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 f o r the account of o t h e r s , o f e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or non-r e s i d e n t i a l real e s t a t e ; and the s a l e of mortgage l i f e and mortgage d i s a b i l i t y 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 mortgage l o a n s ; the s e r v i c e areas of the o f f i c e s would be comprised of the S t a t e of C a l i f o r n i a ; 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 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 Homeowners, I n c . ) a t Two C i t y Boulevard E a s t , S u i t e 178, Orange, C a l i f o r n i a and F i n a n c i a l P laza O f f i c e B u i l d i n g , 1661 Hanover, S u i t e 2 0 0 , Ci ty o f I n d u s t r y , C a l i f o r n i a , through i t s s u b s i d i a r y , C i t i c o r p Homeowners, Inc . ( 6 / 2 / 8 2 )


H.2 , 1982 Mo. 23 - 20 -

APPLICATIONS RECEIVED-Conti nued

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion to ex-pand t h e a c t i v i t i e s o f an e x i s t i n g o f f i c e of i t s sub-s i d i a r y , C i t i c o r p P e r s o n - t o - P e r s o n F inanc ia l Center , I n c . ("CPFC"), Houston, Texas and t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Homeowners, I n c . ("CHI"), Houston, Texas , t h e a c t i v i t i e s t o be engaged i n by CPFC and CHI w i l l Inc lude the f o l l o w i n g ( t h e making or a c q u i r i n g o f l o a n s and o t h e r e x t e n s i o n s o f c r e d i t , secured o r unsecured, f o r consumer and o ther purposes; the making, 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 a c -count and f o r the account of o t h e r s , o f e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l o r n o n r e s i d e n t i a l real e s t a t e ; t h e e x t e n s i o n of l o a n s t o d e a l e r s f o r t h e f i n a n c i n g o f inventory ( f l o o r p lanning) and working c a p i t a l purposes; t h e purchasing and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or d e c r e a s i n g or l e v e l ( i n the c a s e of s i n g l e payment l o a n s ) term l i f e insurance by l i c e n s e d agents or b r o k e r s , a s requ ired; the s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d to ex-t e n s i o n s o f mortgage l o a n s ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; and the s e r v i c i n g , f o r any person , o f 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 ; the proposed s e r v i c e area of CPFC and CHI a t t h i s l o c a t i o n s h a l l be comprised of t h e e n t i r e S t a t e of Texas f o r a l l the aforement ioned a c t i v i t i e s ; 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 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 CPFC and CHI) a t 12400 1-45 8 Greens Road, Houston, Texas, through i t s s u b s i d i a r i e s , C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l Center , Inc . and C i t i c o r p Homeowners, Inc . (6/2/82)

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion to expand the a c t i v i t i e s and s e r v i c e area of an e x i s t i n g o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s ( p r e v i o u s l y approved a c t i v i t i e s : the making of l o a n s t o i n d i v i d u a l s and b u s i n e s s e s secured by second mortgage l i e n s ; t h e s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or d e c r e a s -ing or l e v e l ( i n the c a s e o f s i n g l e payment loans ) term l i f e insurance by l i c e n s e d a g e n t s or brokers , as required; the s e r v i c i n g , f o r any person , o f l o a n s and o ther ex ten -s i o n s o f c r e d i t ; and the s a l e o f consumer o r i e n t e d f i -nanc ia l management c o u r s e s ; t h e a c t i v i t i e s i n which the s u b s i d i a r y proposes t o engage de novo are: the making, 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 f o r t h e account o f o t h e r s , o f e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or non-


H.2 , 1982 No. 23 - 21 -


r e s i d e n t i a l real e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s of mortgage l o a n s ; t h e proposed s e r v i c e area f o r the p r e v i o u s l y approved and proposed a c t i v i t i e s s h a l l be comprised of the e n t i r e S t a t e of C o n n e c t i c u t ) a t Carr iage H i l l Shopping Center , 1200 Postroad E a s t , Westport , C o n n e c t i c u t , through i t s s u b s i d i a r y , C i t i c o r p P e r s o n - t o - P e r s o n F inanc ia l Center o f C o n n e c t i c u t , Inc . ( 6 / 3 / 8 2 )

P h i l a d e l p h i a F ide l c o r , I n c . , P h i l a d e l p h i a , P e n n s y l v a n i a , n o t i f i c a t i o n o f i n t e n t t o engage i n de novo a c t i v i t i e s (performing a p p r a i s a l s of real e s t a t e pursuant to 2 2 5 . 4 ( a ) ( 1 4 ) ) a t 121 South Broad S t r e e t , 13th F l o o r , P h i l a d e l p h i a , P e n n s y l v a n i a , t h e geographic area covered w i l l be the S t a t e s o f Pennsylvania and New J e r s e y , through a sub-s i d i a r y , Latimer & Buck, I n c . ( 5 / 2 4 / 8 2 )

Richmond Southern Bancorporat ion , I n c . , G r e e n v i l l e , South Caro l ina , 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 (making e x t e n s i o n s of c r e d i t as a l i c e n s e d consumer f i n a n c e l e n d e r ) a t 222 W. Broad S t r e e t , Texarkana, Texas , s e r v i n g t h e c i t y l i m i t s of Texarkana and o t h e r p a r t s of Bowie county , through i t s s u b s i d i a r y , World Acceptance Corporat ion ( 5 / 6 / 8 2 )

Richmond Wachovia Corporat ion , Winston-Salem, North C a r o l i n a , no-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 (mortgage banking s e r v i c e s , i n c l u d i n g t h e o r i g i n a t i o n and p r o c e s s i n g of r e s i d e n t i a l , c o n s t r u c t i o n , development and income property mortgage l o a n s , t h e purchase and s a l e or placement o f mortgage l o a n s , the a d m i n i s t r a t i o n and s e r v i c i n g of mortgage l o a n s , t h e management and s a l e o f p r o p e r t i e s acquired through f o r e c l o s u r e or t r a n s f e r s i n l i e u o f f o r e c l o s u r e s , and a c t i n g as a g e n t f o r c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h insurance and property and c a s u a l t y 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 ) a t Piedmont Center , 33 V i l l a Road, G r e e n v i l l e , South C a r o l i n a , t h e geographic area t o be served w i l l g e n e r a l l y i n c l u d e t h e G r e e n v i l l e , South Carol ina SMSA, through i t s s u b s i d i a r y , Wachovia Mortgage Company (6/1/82)

S t . L o u i s F i r s t Arkansas Bankstock Corporat ion , L i t t l e Rock, Arkansas , n o t i f i c a t i o n o f i n t e n t t o engage in de novo a c t i v i t i e s ( t o engage in l end ing a c t i v i t i e s , i n c l u d i n g making, a c q u i r i n g and s e r v i c i n g l o a n s and o t h e r e x t e n -s i o n s of c r e d i t and i s s u i n g l e t t e r s of c r e d i t and


H.2, 1982 No. 23

S t . Louis

Minneapolis

Kansas City

(ansas City

San Francisco

San F r a n c i s c o

- 2 2 -


guarantees ) t h e s e a c t i v i t i e s w i l l be conducted from A p p l i c a n t ' s o f f i c e in L i t t l e Rock, Arkansas and w i l l s e r v e Arkansas and cont iguous S t a t e s ( 6 / 1 / 8 2 )

Miles-Advance Bancshares , I n c . , Advance, Mis sour i , f o r approval t o engage in insurance a c t i v i t i e s d i r e c t l y r e l a t e d t o e x t e n s i o n s o f c r e d i t by The Bank of Advance, Advance, M i s s o u r i .

Klein Bancorporat ion , I n c . , Chaska, Minnesota, 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 ( t o engage de novo in t h e a c t i v i t y of underwr i t ing , as r e i n s u r e r , c r e d i t l i f e and c r e d i t a c c i d e n t and hea l th insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t by A p p l i c a n t ' s c r e d i t - g r a n t i n g s u b s i d i a r y banks) through i t s wholly-owned s u b s i d i a r y , Klein L i f e Insurance Company, Phoenix , Arizona ( 5 / 2 6 / 8 2 )

FirstBank Holding Company and FirstBank Holding Company of Colorado, Lakewood, Colorado, 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 of loans and o t h e r e x t e n s i o n s o f c r e d i t i n c l u d i n g , but not l i m i t e d t o , r e s i d e n t i a l mortgage l o a n s ) at 10403 West Col fax Avenue, Lakewood, Colorado, t h e s e a c t i v i t i e s are a n t i c i p a t e d t o s e r v e t h e t r a d e areas of t h e A p p l i c a n t s ' s u b s i d i a r y banks, g e n e r a l l y w i th in t h e boundaries of Denver, J e f f e r s o n , Boulder, Douglas , Weld, Arapahoe, Adams, and Eagle c o u n t i e s ( 6 / 1 / 8 2 )

AmeriCorp, Shawnee, Oklahoma, 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 ( t h e s a l e of l i f e , a c c i -dent and h e a l t h , and mortgage c a n c e l l a t i o n insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t by AmeriCorp1s s u b s i d i a r y bank, American National Bank and Trust Company of Shawnee, Shawnee, Oklahoma) a t 201 North Broadway, Shawnee, Oklahoma, s e r v i n g Pottawatomie County, Oklahoma ( 6 / 2 / 8 2 )

S e c u r i t y P a c i f i c Corporat ion , Los Ange l e s , C a l i f o r n i a , f o r approval t o acquire Postal F inanc ia l Corporat ion , Sioux F a l l s , Iowa.

S e c u r i t y P a c i f i c Corporat ion , Los A n g e l e s , 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 a c q u i r i n g , f o r i t s own account or f o r t h e account of o t h e r s , loans and e x t e n s i o n s of c r e d i t , i n c l u d i n g 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 i n a n c e c o n t r a c t s ,

1


H.2 , 1982 No. 23 - 23 -


making loans t o small b u s i n e s s e s 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 f a c t o r i n g company or a consumer f i n a n c e company and a c t i n g as broker or agent f o r t h e 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 property and c a s u a l t y i n s u r a n c e ) at 10 South Lake, S u i t e 203 , Pasadena, C a l i f o r n i a , s e r v i n g 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 , S e c u r i t y P a c i f i c Finance Corp. ( 5 / 2 9 / 8 2 )

San S e c u r i t y P a c i f i c Corporat ion , Los A n g e l e s , C a l i f o r n i a , no-F r a n c i s c 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 ( t o

engage in f i n a n c i n g and i n d u s t r i a l loan c o r p o r a t i o n a c t i v i t i e s through i t s s u b s i d i a r y . S e c u r i t y P a c i f i c Finance Money Center I n c . , i n c l u d i n g making, a c q u i r i n g and s e r v i c i n g loans and o ther e x t e n s i o n s of c r e d i t ; s e l l i n g and i s s u i n g investment c e r t i f i c a t e s ; and a c t i n g as agent f o r t h e s a l e of 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 a c c i d e n t and h e a l t h and c r e d i t r e l a t e d property i n s u r a n c e , a l l as au thor i zed by C a l i f o r n i a Law) at 2025 Gateway P l a c e , San J o s e , 1445 E. Los Angeles Avenue, Simi Val l ey and 100 North Ci trus S t r e e t , West Covina, a l l in C a l i f o r n i a , through i t s s u b s i d i a r y , S e c u r i t y P a c i f i c Finance Money Center Inc . ( 5 / 2 8 / 8 2 )

San West Coast Bancorp, Encino, C a l i f o r n i a , n o t i f i c a t i o n of F r a n c i s c o i n t e n t t o 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 loans and o ther e x 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 i n a n c e company, i n c l u d i n g commercial loans secured by a borrower ' s i n v e n t o r y , accounts r e c e i v a b l e , or o t h e r a s s e t s and s e r v i c i n g of t h e s e l o a n s ) a t 16311 Ventura Boulevard, Encino, C a l i f o r n i a and 1212 North Broadway, Santa Ana, C a l i f o r n i a , through i t s s u b s i d i a r y , West Coast B u s i n e s s C r e d i t , Inc . ( 6 / 2 / 8 2 )

San West Coast Bancorp, Encino, C a l i f o r n i a , n o t i f i c a t i o n of F r a n c i s c o i n t e n t t o engage i n de novo a c t i v i t i e s ( o p e r a t i n g an

insurance premium f i n a n c i n g company under t h e C a l i f o r n i a I n d u s t r i a l Loan Laws) at 16311 Ventura Boulevard, S u i t e 1175, Encino , C a l i f o r n i a , s e r v i n g Southern C a l i f o r n i a , through i t s s u b s i d i a r y , West Coast Premium Financing Company (a C a l i f o r n i a Corporat ion) ( 5 / 2 6 / 8 2 )


H.2 , 1982 No. 23 - 24 -


REPORTS RECEIVED

Proxy Statement (Spec ia l Meeting) F i l e d Pursuant t o S e c t i o n 14(a) of t h e S e c u r i t i e s Exchange Act

Commonwealth Bank and Trust Company, S t e r l i n g , V i r g i n i a .

PETITIONS FOR RULEMAKING

None

l


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