announcement by board of governors of the federal … · chicago first citizens bank, troy,...

APPLICABLE RESERVE BANK

Kansas City

San Francisco

Dal las

Atlanta

Richmond

Atlanta

Atlanta

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2, 1982 No. 34)

Action of the Board; Applications and Reports

Received During the Week Ending August 21, 1982

ACTIONS OF THE BOARD

Reduction in the basic discount r a t e from 11 percent to 10-1/2 pe rcen t , e f f e c t i v e Monday, August 16.

C i t i c o r p , New York, New York, the Board scheduled a second informal hearing to receive comment on the appl ica t ion of Ci t icorp to acquire F ide l i ty Federal Savings and Loan Association of San Francisco; the Board wil l hold a hearing on Thursday, September 2, a t i t s o f f i c e s in Washington.

Commerce Bancshares, I n c . , Kansas Ci ty , Missouri , extension of time t o December 2, 1982, within which to consummate the acqu i s i t i on of Plaza Bancshares, I n c . , Kansas Ci ty , Missouri . J J

F i r s t Bancorp, Ma lad Ci ty , Idaho, extension of time to January 16, 1983, within which to become a bank holding company through acqu i s i t ion of F i r s t Bank and Trust of Idaho, Ma lad Ci ty , Idaho. V

F i r s t City Bancorporation of Texas, I n c . , Houston, Texas, extension of time to December 7, 1982, within which to acquire Bank of Pasadena, Pasadena, Texas. ]_/

F i r s t Community Bancshares of T i f t o n , I n c . , T i f t o n , Georgia, extension of time to October 15, 1982, within which to become a bank holding company through acquis i t ion of the Farmers Bank of T i f t o n , T i f t o n , Georgia. V

F i r s t Virginia Banks, Inc . , Fa l l s Church, Virg in ia , extension of time to January 8, 1983, within which to acquire the successor by merger to Tazewell National Bank, Tazewell, Virginia . J J

Franklin F i r s t National Corporat ion, Decherd, Tennessee, extension of time to November 17, 1982, within which to become a bank holding company through the acquis i t ion of F i r s t National Bank of Franklin County, Decherd, Tennessee. J /

FSB Bancorporation, Decatur, Alabama, extension of time to December 19, 1982, within which to become a bank holding company through acqu i s i -t ion of F i r s t Sta te Bank of Decatur, Decatur, Alabama. ]_/

JJ Application processed on behalf of the Board of Governors under delegated a u t h o r i t y .

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

H.2, 1982 No. 34 - 2 -

ACTIONS OF THE BOARD - Continued

Cleveland Huntington Bancshares Incorporated, Columbus, Ohio, extension of time to November 24, 1982, within which to acquire Union Commerce Corporation, Cleveland, Ohio. ]J

Kansas City Indus t r ia l Bancshares, I nc . , Kansas City, Kansas, extension of M

time to December 4, 1982, within which to acquire Commercial National Bank, Kansas Ci ty , Kansas. ]_/

Dallas Liberty National Bancshares, I n c . , Lovington, New Mexico, extension of time to November 15, 1982, within which to acquire Liberty National Bank, Lovington, New Mexico. V

Kansas City Mission Bancshares, I n c . , Mission, Kansas, extension of time to December 4, 1982, within which to acquire Commercial National Bank, Kansas Ci ty , Kansas. J /

San U. S. Bancorp, Por t land, Oregon, extension of time to November 28, Francisco 1982, within which to commence operation of Boulder U. S.

Indus t r ia l Bank, Boulder, Colorado. J /

Kansas City Valley View Bancshares, I n c . , Overland Park, Kansas, extension of time to December 4, 1982, within which to acquire Commercial National Bank, Kansas Ci ty , Kansas. J7

San Wells Fargo & Company, San Francisco, C a l i f o r n i a , extension of Francisco time to August 19, 1982, within which to make addi t ional inves t -

ments in Wells Fargo Financing Corporation and Wells Fargo In te r -nat ional Financing Corporation, N.V., Netherlands A n t i l l e s . J /

New York Bank of New York, New York, New York, extension of time to September 25, 1982, within which to e s t a b l i s h a branch o f f i c e in the immediate neighborhood of the in t e r sec t ion of U. S. Route 20 and Rapp Road, Town of Guilderland, New York. J /

Richmond Deregis t ra t ion under Regulation G of Energy Federal Credit Union, German town, Maryland. ]_/

Chicago Hi l l sda le State Savings Bank, H i l l s d a l e , Michigan, an investment in bank premises. J /

Chicago Manufacturers National Bank of De t ro i t , D e t r o i t , Michigan, extension of time to July 16, 1983, within which to invest in At lant ic In terna t ional Bank Limited, London, England. J_/

San Tracy-Collins Bank and Trust Company, Salt Lake Ci ty , Utah, extension Francisco of time to April 5, 1983, within which to e s t a b l i s h a branch o f f i c e

to be located a t 7220 South 20th East , Salt Lake Ci ty , Utah. V **

T7 Application processed on behalf of the Board of Governors under delegated a u t h o r i t y .


H.2, 1982 No. 34 - 3


Chicago Bank of Casey, Casey, I l l i n o i s , proposed merger with BOC Bank, Casey, I l l i n o i s , under the char ter of BOC Bank and t i t l e of The Bank of Casey; repor t to the Federal Deposit Insurance Corporation on competitive f a c t o r s . ] /

Phi ladelphia Bank of Hanover and Trust Company, Hanover, Pennsylvania, proposal to merge with The F i r s t Hanover Bank, Hanover, Pennsylvania, under the t i t l e of the former and the char te r of the l a t t e r ; repor t to the Federal Deposit Insurance Corporation on com-p e t i t i v e f a c t o r s . V

Atlanta Barnett Bank of Palm Beach County, Del ray Beach, F lo r ida , proposed merger with F i r s t Marine Bank & Trust Company of the Palm Beaches, Riviera Beach, F lor ida ; repor t to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J J

Chicago F i r s t Ci t izens Bank, Troy, Michigan, proposed merger with FC Bank, Troy, Michigan, under the char te r and t i t l e of F i r s t Ci t izens Bank; repor t to the Federal Deposit Insurance Corporation on competitive f a c t o r s . ]_/

Chicago F i r s t Securi ty Bank, Addison, I l l i n o i s , proposed merger with Bank of Addison, Addison, I l l i n o i s , under the char te r of Bank of Addison and t i t l e of F i r s t Securi ty Bank; repor t to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J /

S t . Louis Lake National Bank, Lake Ozark, Missouri , proposal to merge with Bank of Tuscumbia, Tuscumbia, Missouri; repor t to the Comptroller of the Currency on competitive f a c t o r s , j y

Atlanta National Bank of Walton County, Monroe, Georgia, proposed merger with New National Bank of Walton County, Monroe, Georgia; repor t to the Comptroller of the Currency on competitive f a c t o r s . ]_/

Chicago Roselle Sta te Bank and Trust Company, Rosel le , I l l i n o i s , proposed merger with RSB Bank, Rosel le , I l l i n o i s , under the char ter and t i t l e of Roselle State Bank and Trust Company; repor t to the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/

Dal las Rosenberg Bank & Trust , Rosenberg, Texas, proposed merger with New Rosenberg Bank & Trus t , Rosenberg, Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/

Da 11 as Southside Sta te Bank, Tyler , Texas, proposal to merge with New Southside Sta te Bank, Tyler , Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . 1/

\J Application processed on behalf of the Board of Governors under delegated 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. 34


Dallas Southwest National Bank, Austin, Texas, proposed merger with Southwest Bank, Austin, Texas; report to the Federal Deposit Insurance Corporation on competitive f a c t o r s . J /

Atlanta Sun Bank/Broward, N.A. Wilton Manors, F lor ida , proposed merger with Century National Bank of Broward, Fort Lauderdale, Flor ida; repor t to the Comptroller of the Currency on competitive f a c t o r s . ]_/

Atlanta Sun Bank, N.A., Orlando, F lo r ida , proposed merger with Sun F i r s t National Bank of Lake County, Leesburg, F lo r ida , and Sun F i r s t National Bank of Brevard County, Melbourne, F lor ida ; report to the Comptroller of the Currency on competitive f a c t o r s . 1/

Atlanta Sun F i r s t National Bank of Palm Beach County, Del ray Beach, F lor ida , proposed merger with Century National Bank of Palm Beach County, West Palm Beach, F lo r ida ; repor t to the Comptroller of the Currency on competit ive f a c t o r s . 1/

T7 Application processed on behalf of the Board of Governors under delegated a u t h o r i t y .


H.2, 1982 No. 34 - 5 -


To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act

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

electronic f a c i l i t i e s in Cat taraugus, Chautauqua, Er i e , Genesee, Niagara and Orleans Counties. J /

The Fi f th Third Bank, Cincinnati , Ohio. To e s t a b l i s h a branch at Montclair Boulevard, Mil f o rd , Clermont County, Ohio, j y

The Northern Trust Company, Chicago, I l l i n o i s . To e s t a b l i s h an o f f s i t e e lectronic f a c i l i t y at 1601 North Wells S t r e e t , Chicago, I I l i n o i s . J /

Peoples Bank and Trust Company, Cedar Rapids, Iowa. To e s t ab l i sh an o f f s i t e e lectronic f a c i l i t y a t 151 Jacolyn Drive, NW, Cedar Rapids, Iowa. J /

* * * * *

Issued Intent Not to Disapprove Change of Control Pursuant to Change in Bank Control Act of 1978

Not Disapproved Kansas City Jacomo Bancshares, I n c . , Blue Spr ings , Missouri . ]_/

* * * * *

Applications and Noti f icat ions for In ternat ional Investments and Other Actions Pursuant to Sections 25 and 25(a)

of the Federal Reserve Act and Sections 4(c)(9) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended

Approved New York Marine Midland Bank, N . a . , New York, New York: grants consent

to convert Marine Midland Overseas Corporation, New York, New York, a wholly-owned subs idiary of Bank's wholly and direct ly owned Edge Corporation, Marine Midland Internat ional Corporation, to an Agreement Corporation upon l iquidat ion of MMIC.

T7 Application processed on behalf of the Board of Governors under delegated authority.

New York

Cleveland

Chicago

Chicago


H.2, 1982 No. 34 - 6


Cleveland Pi t t sburgh In ternat ional Bank, P i t t sbu rgh , Pennsylvania: grants consent t o amend i t s Ar t i c l e s of Incorporation to increase i t s cap i ta l and surp lus . (7/12/82)

Richmond NCNB Overseas Corporation, Char lo t t e , North Carolina: grants consent to purchase and hold, d i r e c t l y or i n d i r e c t l y , 41.25 percent of the shares of NCNB Spedley Aus t ra l i a Limited, Sydney, A u s t r a l i a , and to continue to hold those shares a f t e r NCNB Austra l ia engages in business through subs id i a r i e s known as NCNB Spedley Limited and NCNB Spedley Leasing Limited, both to be incorporated in Sydney, A u s t r a l i a .

Dal las F i r s t City Bancorporation of Texas, Houston, Texas: grants consent to purchase and hold, d i r e c t l y or i n d i r e c t l y , F i r s t City In ternat ional Finance, N.V, Curacao, Netherlands An t i l l e s ,

Sixty-Day Not i f i ca t ion Period Waived New York Ci t ibank, N.A., New York, New York: no object ion to make an

addi t ional investment in i t s wholly-owned subs id ia ry , Cit ibank-Maghreb, Casablanca, Morocco.

New York Citibank Overseas Investment Corporation, Wilmington, Delaware: no objec t ion to continue to hold shares of i t s wholly owned f inanc ia l serv ices subs id i a ry , Inversiones y Adelantos, C.A., Caracas, Venezuela, a f t e r Inversiones makes an addi t ional investment in Arrendequipos, C.A., Caracas, Venezuela.

Chicago Walter E. Heller In ternat ional Corporation, Chicago, I l l i n o i s : no object ion to make an addi t ional investment in i t s sub-s id i a ry , Factofrance He l le r , S.A., Pa r i s , France.

Chicago Walter E. Heller In ternat ional Corporation, Chicago, I l l i n o i s : no object ion to make an addi t ional investment in i t sub-s i d i a r y , Heller Factor I t a l i a S.p.A. - I t a l f a c t o r , Milan, I t a l y .

San Securi ty P a c i f i c National Bank, Los Angeles, Ca l i fo rn i a : no Francisco objec t ion to invest in a de novo bank in the Republic of Singapore.

Atlanta

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

Approved Beach ONE Financial Serv ices , I n c . , Vero Beach, F lo r ida , for

approval to acquire 100 percent of the voting shares of The Beach Bank of Vero Beach, Vero Beach, F lo r ida . 1/

1 / m i l i c a t i o n processed on behalf of the Board of Governors under delegated wiior i ty •

i


H.2, 1962 No. 34 - 7 -


Atlanta Peoples Bancshares, I n c . , C l i f t o n , Tennessee, fo r approval to acquire a t l e a s t 80 percent of the voting shares of Peoples Bank of C l i f t o n , Cl i f ton , Tennessee. V

Chicago Birnamwood Bancshares, I nc . , Birnamwood, Wisconsin, for approval to acquire a t l e a s t 81 percent of the voting shares of The Bank of Birnamwood, Birnamwood, Wisconsin. 1/

Chicago CS BANCORP, Huntington, Indiana, for approval to acquire at l eas t 80 percent of the voting shares of the successor by merger to Community Sta te Bank in Huntington, Huntington, Indiana. ]_/

Chicago Dun lap Iowa Holding Co., Dun lap , Iowa, for approval to acquire at l eas t 80 percent of the voting shares of Dunlap Savings Bank, Dunlap, Iowa. J /

Chicago Eastern Iowa Secured Bancshares Corporation, Bet tendorf , Iowa, for approval to acquire at l e a s t 80 percent of the voting shares of Securi ty S ta te Trust and Savings Bank, Bet tendorf , Iowa. J /

Chicago FIRST LA PORTE FINANCIAL CORP., La Por te , Indiana, for approval to acquire 100 percent of the voting shares of the successor by merger to F i r s t National Bank and Trust Company of La Porte , La Porte , Indiana. JV

Chicago Illowa Bancorp, I n c . , Savanna, I l l i n o i s , fo r approval to acquire 92.5 percent or more of the voting shares of The National Bank of Savanna, Savanna, I l l i n o i s . J /

Chicago Mid-Iowa Bancshares Co., Algona, Iowa, for approval to acquire at l eas t 80 percent or more of the voting shares of Iowa State Bank, Algona, Iowa. J /

Chicago New Great Lakes F inanc ia l , I n c . , Grand Rapids, Michigan, for approval to acquire 100 percent of the voting shares of three banks through a merger with Union Bancorp, I n c . , Grand Rapids, Michigan (a Delaware corpora t ion) . V

Chicago Royal Bancshares, I nc . , Royal, Iowa, for approval to acquire at l eas t 80 percent of the voting shares of Home State Bank, Royal, Iowa. J_/

S t . Louis Colonial Bancshares, I n c . , Des Peres, Missouri , for approval to acquire a t l ea s t 80 percent of the voting shares of The Colonial Bank, Des Peres , Missouri . 1/

T7 Application processed on behalf of the Board of Governors under delegated ~~ a u t h o r i t y .


H.2, 1982 No. 34


St . Louis Edmonton Bancshares, I n c . , Edmonton, Kentucky, for approval to acquire 100 percent of the voting shaes of the successor by merger to Edmonton Sta te Bank, Edmonton, Kentucky. )J

S t . Louis Midcon Holding, I n c . , S t . Louis, Missouri , for approval to acquire 100 percent of the voting shares of Be l l ev i l l e National Bank, B e l l e v i l l e , I l l i n o i s . ]_/

Kansas City Amsterdam Bancshares, I n c . , Amsterdam, Missouri , for approval to acquire at l ea s t 86 percent of the voting shares of Ci t izens Bank, Amsterdam, Missouri . J J

Kansas City Bridgeport Banshares, I nc . , Bridgeport , Nebraska, for approval to acquire 100 percent of the voting shares ( l e ss d i r e c t o r s ' qua l i fy ing shares) of The Bridgeport State Bank, Bridgeport , Nebraska. JV

Kansas City F i r s t Bancorp of Kansas, Wichita, Kansas, for approval to acquire 100 percent of the voting shares of the successor by merger to F i r s t National Bank in Wichita, Wichita, Kansas. ]_/

Kansas City F i r s t National Bankshares of Gunnison, I n c . , Gunnison, Colorado, for approval to acquire a t l eas t 80 percent of the voting shares of F i r s t National Bank of Gunnison, Gunnison, Colorado. J /

Kansas City Hi 1lsboro Capital Corporat ion, Hi l l sboro , Kansas, for approval to acquire a t l eas t 80 percent of the voting shares of The F i r s t National Bank, Hi l l sboro , Kansas. _]_/

Kansas City Sunflower Bancshares, I n c . , Ri ley, Kansas, for approval to acquire at l eas t 80 percent of the voting shares of The Riley State Bank of Ri ley, Ri ley, Kansas. ]_/

Dallas HNB Corporat ion, Huntsv i l l e , Texas, for approval to acquire at l eas t 80 percent of the voting shares ( l ess d i r e c t o r s ' qua l i fy ing shares) of The Huntsvi l le National Bank, Huntsv i l l e , Texas. 1/

* * * * *

To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956

Approved Atlanta AmSouth Bancorporation, Birmingham, Alabama, for approval to acquire

100 percent of the voting shares of Ci t izens Bank of Talladega, Talladega, Alabama. ] /

TJ Application processed on behalf of the Board of Governors under delegated a u t h o r i t y .


H.2. 1982 No. 34 - 9 -


Chicago Central Wisconsin Bankshares, I n c . , Wausau, Wisconsin, for approval to acquire a t l e a s t 51 percent of the voting shares of Tri-County S ta te Bank of Marshf ie ld , Marshf ie ld , Wisconsin. J_/

Chicago F i r s t Busey Corporat ion, Urbana, I l l i n o i s , for approval to acquire 100 percent of the voting shares ( l e s s d i r e c t o r s ' qua l i fy ing shares) of the successor by merger to Roberts State Bank, Roberts, I l l i n o i s . J /

Chicago Hawkeye Bancorporation, Des Moines, Iowa, for approval to acquire 100 percent of the voting shares of Hawkeye Bank and Trus t , Mount P leasan t , Iowa. V

Chicago Hawkeye Bancorporation, Des Moines, Iowa, fo r approval to acquire 100 percent of the voting shares of Sta te Bank of Al l i son , Al l i son , Iowa. J /

Kansas City Guardian Banshares, I n c . , Al l i ance , Nebraska, fo r approval to acquire a t l e a s t 19.975 percent of the voting shares of Bridgeport Banshares, I n c . , and i n d i r e c t l y acquire The Bridgeport State Bank, Bridgeport , Nebraska. J /

Kansas City Hemingford Banshares, I n c . , Hemingford, Nebraska, for approval to acquire a t l ea s t 19.975 percent of the voting shares of Bridgeport Banshares, I n c . , and i n d i r e c t l y acquire The Bridgeport State Bank, Br idgepor t , Nebraska. J /

Kansas City Hyannis Banshares, I n c . , Hyannis, Nebraska, fo r approval to acquire a t l e a s t 24.898 percent of the voting shares of Bridgeport Banshares, I n c . , and i n d i r e c t l y acquire The Bridgeport State Bank, Br idgepor t , Nebraska. J J

Kansas City Mullen Banshares, I n c . , Mullen, Nebraska, fo r approval to acquire a t l e a s t 24.898 percent of the voting shares of Bridgeport Banshares, I n c . , and i n d i r e c t l y acquire The Bridgeport State Bank, Br idgepor t , Nebraska. \ j

Kansas City New Mexico Banquest Corporat ion, Santa Fe, New Mexico, for approval to acquire a t l e a s t 50 percent of the voting shares of The Bank of Northern New Mexico, Las Vegas, New Mexico. ]_/

Kansas City Thedford Banshares, I n c . , Thedford, Nebraska, for approval to acquire a t l e a s t 10.254 percent of the voting shares of Bridgeport Banshares, I n c . , and i n d i r e c t l y acquire The Bridgeport State Bank, Br idgepor t , Nebraska. 1/

TJ Application processed on behalf of the board of Governors under delegated a u t h o r i t y .


H.2, 1982 No. 34 ® - 10 -


Dallas Oak lawn Financial Corporation, Texarkana, Texas, for approval to acquire at least 80 percent of the voting shares of Oak 1 awn Bank, Texarkana, Texas. J /

Dallas Texas Commerce Bancshares, Inc . , Houston, Texas, for approval to acquire 100 percent of the voting shares of Texas Commerce Bank-Westlake Park, N.A., Houston, Texas, a proposed new bank. ]_/

To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company of 1956

Approved St. Louis General Bancshares Corporation, St . Louis, Missouri, for approval

to indirect ly acquire 100 percent of the voting shares of B e l l e v i l l e National Bank, B e l l e v i l l e , I l l i n o i s , through the merger of Mid-Continent Bancshares, Inc . , into Midcon Holding, Inc. both of St . Louis, Missouri. V

Richmond

San Francisco

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

Approved Maryland National Corporation, Baltimore, Maryland, for approval

to acquire through i t s subsidiary, National Personal Finance Corporation, the outstanding shares of Central Industrial Bank, Aurora, Colorado. J /

Security Paci f ic Corporation, Los Angeles, California, for approval to acquire 100 percent of the voting shares of Postal Financial Corporation, Sioux City, Iowa. 1/

Withdrawn New York Chemical New York Corporation, New York, New York, requests

permission to engage in the following a c t i v i t i e s (property and casualty insurance to the extent permissible under applicable State Insurance laws and regulations) at 1200 Walnut Hill Lane, Irving, Texas, through i t s subsidiary, SunAmerica Corporation (8/16/82) 3/

T? Application processed on behalf of the Board of Governors under delegated ~ authority 3/ 4 ( c ) (8 ) no t i f i ca t ion processed by Reserve Bank on behalf of the Board ~ of Governors under delegated authority.


H.2, 1982 No. 34


New York Citicorp, New York, New York, requests permission to establ ish de novo o f f i c e s engaging in the following a c t i v i t i e s (the sale oT United States dollar and foreign-denominated travelers checks) at Miami International Airport, Miami, Florida, through i t s subsidiary, Citicorp (USA), Inc. (8/19/82) 3/

Reactivated New York The Chase Manhattan Corporation, New York, New York, requests per-

mission to es tabl i sh a de novo o f f i c e engaging in the following a c t i v i t i e s (making or acquiring, for i t s owr. account or for the account of others, loans and other extensions of credit such as would be made by commercial f inance, equipment finance or factoring company, including factoring accounts receivable , making advances and over-advances on receivables and inventory and business installment lending as well as unsecured commercial loans; servicing loans and other extension of credi t ; leasing personal property on a ful l payout basis and in accordance with the Board's Regulation Y, or acting as agent, broker or advisor in so leasing such property, including the leasing of motor vehicles) at 1616 Judson Street , Suite A, Longview, Texas, serving the States of Texas, Arkansas, Colorado, Kansas, Louisiana, New Mexico and Oklahoma, through i t s subsidiary, Chase Commercial Corporation (8/19/82) 3/

New York Chemical New York Corporation, New York, New York, requests per-mission to es tabl i sh a de novo o f f i c e engaging in the following a c t i v i t i e s (generating and servicing loans and other extensions of credi t ; making or acquiring loans to consumers; acquiring installment contracts from reta i l s e l l e r s covering the time sales of goods and related services; making or acquiring loans and other extensions of credit to businesses including, but not limited to , inventory financing; making or acquiring extensions of credit secured by personal property leasing contracts; making available to i t s debtors credit related l i f e and accident and health term insurance and mortgage l i f e , mortgage d i sab i l i ty insurance; the service area of th i s o f f i c e wil l be the State of Texas; credit l i f e and credit accident and health insurance provided by th is o f f i c e in connection with the proposed a c t i v i t i e s wil l be reinsured through Sun States Life/or Great Lakes Insurance Companies, indirect subsidiaries of the Applicant) at 1200 Walnut Hill Lane, Irving, Texas, through i t s subsidiary, SunAmerica Corporation (8/20/82) 3/

New York Citicorp, New York, New York, requests permission to expand the a c t i v i t i e s of an ex i s t ing o f f i c e engaging in (the sale of credit related property and casualty insurance protecting real and personal property subject to a security agreement with Citicorp Person-to-Person Financial Center, Inc. to the extent permissible under applicable State insurance laws and regulations) at 3033

77 4 ( c ) ( 8 ) no t i f i ca t ion processed by Reserve Bank on behalf of the Board of ~ Governors under delegated authority.


H.2, 1982 No. 34 - 1 2 -


South Parker Road, Aurora, Colorado, the proposed service area for t h i s a c t i v i t y i s the e n t i r e State of Colorado, through i t s sub-s i d i a r y , Ci t icorp Person-to-Person Financial Center Inc. (8/20/82) 3/

New York C i t i c o r p , New York, New York, reques ts permission to e s t a b l i s h a de novo o f f i c e of i t s subs id i a ry , Ci t icorp Homeowners, Inc. {'ThI") and to expand the a c t i v i t i e s of an ex i s t i ng o f f i c e of i t s subs id i a ry , Ci t icorp Person-to-Person Financial Center of F l o r i d a , Inc. ("CPFC") a t the same loca t ion ; the a c t i v i t i e s to be engaged in CHI and CPFC wil l include (the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, fo r consumer and other purposes, the making, acqui r ing , and se rv ic ing for i t s own account and for the account of o t h e r s , of extensions of c r e d i t to individuals secured by l i ens on r e s i d e n t i a l or nonres iden t ia l rea l e s t a t e ; the sale of c r ed i t r e l a t ed l i f e and accident and heal th or decreasing or level (in case of s ing le payment loans) term l i f e insurance by l icensed agents or brokers , as requ i red ; the sale 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 ed to extensions of mortgage loans; the sa le of consumer or iented f inanc ia l manage-ment courses ; and the s e rv i c ing , for any person, of loans and other extensions of c r e d i t ; the proposed service area of CPFC and CHI sha l l be comprised of the e n t i r e Sta tes of Florida and Georgia for a l l the aforementioned a c t i v i t i e s ; CPFC will a lso continue to engage in the previously approved a c t i v i t i e s of the sa le of c r e d i t r e l a t ed property and casual ty insurance pro-t e c t i n g rea l and personal property subjec t to a secur i ty agreement with CPFC and to the extent permiss ible under appl icable State insurance laws and regula t ions in i t s previously approved service area of Georgia; c r e d i t r e l a t ed l i f e , accident and health insurance may be wri t ten by Family Guardian Life Insurance Company, an a f f i l i a t e of CPFC and CHI) a t Barnett Regency Tower, 9550 Regency Square Blvd. , Suite 301, J acksonv i l l e , F lo r ida , through i t s s u b s i d i a r i e s , Ci t icorp Person-to-Person Fiancial Center of F lo r ida , Inc. and Ci t icorp Homeowners, Inc. (8/20/82) 3/

New York C i t i c o r p , New York, New York, reques t s permission to e s t a b l i s h a de novo o f f i c e engaging in the following a c t i v i t i e s (the sa le of United S ta tes do l l a r and foreign-denominated t r a v e l e r s checks) a t Honolulu In te rna t iona l Ai rpor t , Honolulu, Hawaii, through i t s subs id i a ry , Ci t icorp (USA), Inc. (8/20/82) 3/

Permitted Boston Shawmut Corporat ion, Boston, Massachusetts, n o t i f i c a t i o n of in ten t

to engage in de novo a c t i v i t i e s (in commercial f inance a c t i v i t i e s including the making or acquir ing fo r i t s own account or for the

37 4 (c ) (8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y .


H.2, 1982 No. 34 - 13 -


account of o t h e r s , loans and other extensions of c r e d i t such as would be made by a f inance company inc luding, without l i m i t a t i o n , commercial loans , which may be secured by accounts r ece ivab le , inventory , equipment or other a s s e t s ; and se rv ic ing such loans and other extensions of c r e d i t for o thers ) in At lan ta , Georgia and Chicago, I l l i n o i s , the Atlanta o f f i c e will serve S ta tes in south-eas te rn United S ta tes (Alabama, Arkansas, F lo r ida , Georgia, Kentucky, Louis iana, Mis s i s s ipp i , North Carol ina , South Carol ina , Tennessee and Virginia) and the Chicago o f f i c e will serve the midwestern S ta tes ( I l l i n o i s , Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri , Ohio and Wisconsin), through i t s subs id ia ry , Shawmut Credit Corp. (8/20/82) ZJ

New York The Chase Manhattan Corporat ion, New York, New York, reques ts permission to e s t a b l i s h a de novo o f f i c e engaging in the following a c t i v i t i e s (making or acqui r ing , fo r i t s own account or for the account of o t h e r s , loans and other extensions of c r e d i t such as would be made by a commercial f inance , equipment f inance or f ac to r ing company, including f ac to r ing accounts rece ivables and inventory and business ins ta l lment lending as well as unsecured commercial loans; se rv ic ing loans and other extension of c r e d i t ; leasing personal property on a f u l l payout bas is and in accordance with the Board's Regulation Y, or ac t ing as agent , broker or advisor in so leasing such proper ty , including the leasing of motor vehic les ) a t 1616 Judson S t r e e t , Suite A, Longview, Texas, serving the S ta tes of Texas, Arkansas, Colorado, Kansas, Louisiana, New Mexico and Oklahoma, through i t s subs id ia ry , Chase Commercial Corporation (8/20/82) 2J

New York Chemical New York Corporat ion, New York, New York, reques ts per -mission to e s t a b l i s h a de novo o f f i c e engaging in the following a c t i v i t i e s (generat ing and se rv ic ing loans and other extensions of c r e d i t ; making or acquir ing loans to consumers; acquiring ins ta l lment con t rac t s from r e t a i l s e l l e r s covering the time sa l e s of goods and re la ted s e rv i ce s ; making or acquiring loans and other extensions of c r e d i t secured by personal property leas ing c o n t r a c t s ; making ava i l ab le to i t s debtors c r e d i t re la ted l i f e and accident and heal th term insurance and mortgage l i f e , mortgage d i s a b i l i t y insurance; the serv ice area of t h i s o f f i c e wil l be the S ta te of Texas; c r e d i t l i f e and c r e d i t accident and hea l th insurance provided by t h i s o f f i c e in connection with the proposed a c t i v i t i e s will be re insured through Sun Sta tes L i fe /o r Great Lakes Insurance Companies, i n d i r e c t subs id i a r i e s of the Applicant) a t 1200 Walnut Hill Lane, I rv ing , Texas, through i t s s u b s i d i a r y , SunAmerica Corporation (8/21/82) 3/

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


H.2, 1982 No. 34 - 14 -


New York C i t i co rp , New York, New York, reques ts permission to e s t ab l i sh a de novo o f f i c e engaging in the following a c t i v i t i e s (the sale oT United Sta tes do l l a r and foreign-denominated t r a v e l e r s checks) a t Honolulu In ternat ional Ai rpor t , Honolulu, Hawaii, through i t s subs id i a ry , Ci t icorp (USA), Inc. (8/21/82) 3/

New York C i t i c o r p , New York, New York, requests permission to expand the a c t i v i t i e s of an ex i s t ing o f f i c e engaging in (the sa le of c r e d i t r e l a t ed property and casual ty insurance pro tec t ing real and personal property subject to a secur i ty agreement with Ci t icorp Person-to-Person Financial Center , Inc. to the extent permissible under appl icable Sta te insurance laws and regula t ions) a t 3033 South Parker Road, Aurora, Colorado, the proposed service area for t h i s a c t i v i t y i s the e n t i r e Sta te of Colorado, through i t s subs id i a ry , Ci t icorp Person-to-Person Financial Center, Inc. (8/21/82) 3/

New York C i t i co rp , New York, New York, reques ts permission to e s t ab l i sh a de novo o f f i c e of i t s subs id ia ry , Ci t icorp Homeowners, Inc. X^CHI") and to expand the a c t i v i t i e s of an ex i s t ing o f f i c e of i t s subs id ia ry , Ci t icorp Person-to-Person Financial Center of F lo r ida , Inc. ("CPFC") a t the same loca t ion ; the a c t i v i t i e s to be engaged in by CHI and CPFC will include (the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, for consumer and other purposes, the making, acqu i r ing , and serv ic ing for i t s own account and for the account of o the r s , of extensions of c r e d i t to ind iv idua ls secured by l i ens on r e s i d e n t i a l or nonres iden t ia l real e s t a t e ; the sa le of c r ed i t r e l a ted l i f e and accident and heal th or decreasing or level (in the case of s ing le payment loans) term l i f e insurance by l icensed agents or b rokers , as requ i red ; the sale 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 extensions of mortgage loans; the sa le of consumer or ien ted f inanc ia l management courses ; and the se rv i c ing , fo r any person, of loans and other extensions of c r e d i t ; the proposed serv ice area of CPFC and CHI sha l l be comprised of the e n t i r e S ta tes of Florida and Georgia for a l l the aforementioned a c t i v i t i e s ; CPFC will a lso continue to engage in the previously approved a c t i v i t i e s of the sale of c r e d i t r e l a t e d property and casual ty insurance pro tec t ing real and personal property subject to a secur i ty agreement with CPFC and to the extent permissible under appl icable State in su r -ance laws and regula t ions in i t s previously approved service area of Georgia; c r e d i t r e l a t e d l i f e , accident and heal th insurance may be wr i t ten by Family Guardian Life Insurance Company, an a f f i l i a t e of CPFC and CHI) a t Barnett Regency Tower, 9550 Regency Square Blvd. , Sui te 301, Jacksonv i l l e , F lo r ida , through i t s sub-s i d i a r i e s , Ci t icorp Person-to-Person Financial Center of F lor ida , Inc. and Ci t icorp Homeowners, Inc. (8/21/82) 3/

77 4(c) (8) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated a u t h o r i t y .


H.2, 1982 No. 34 - 15 -


New York Manufacturers Hanover Corporation, New York, New York, requests permission to es tabl i sh a de novo o f f i c e engaging in the following a c t i v i t i e s (making or acquiring loans and other extensions of cred i t , secured or unsecured, such as would be made or acquired by a finance company under California law; servicing such loans and other extensions of credi t ; and offering credit related l i f e insurance; such a c t i v i t i e s will include, but not be limited to , making consumer installment loans, purchasing installment sales finance contracts , making loans and other extensions of credit secured by real and personal property, and offering related s ingle and jo int l i f e insurance and decreasing or level term (in the case of s ingle payment loans) l i f e insurance direct ly related to extensions of credit made or acquired by Finance One of Cal i fornia, Inc. by licensed agents or brokers to the extent permissible under applicable State insurance laws and regulations; th i s o f f i c e wil l serve Del Norte, Siskiyou, Modoc, Humboldt, Trinity, Shasta, Lassen, Mendocino, Tehama, Plumas, Butte, Glenn, Lake, Golusa, Sutter, Yuba, Sierra, Nevada Placer, Sonoma, Napa, Yolo, El Dorado, Marin, Sacaramento, Amador, San Francisco, Contra Costa, San Joaquin, San Mateo, Alameda, Calvares, Alpine, Solano, Tuolumne, Stanislaus, Santa Clara, and Santa Cruz counties) at 30 Quail Court, Walnut Creek, California, through i t s subsidiary, Finance One of Cal i fornia, Inc. (8/20/82) 3/

Richmond Northwestern Financial Corporation, North Wilkesboro, North Carolina, not i f i ca t ion of intent to engage in de novo a c t i v i t i e s (making, acquiring and servicing f i r s t mortgage loans such as would be made by a mortgage banking company) at 3608 West Friendly Avenue, Greensboro, North Carolina, serving the counties of Alamare, Forsyth, Guilford and Rockingham, North Carolina, through i t s subsidiary, First Atlantic Corporation. (8/21/82) 3/

Richmond Maryland National Corporation, Baltimore, Maryland, not i f i cat ion of intent to engage in de novo a c t i v i t i e s (engaging generally in the business of a mortgage banker, mortgage broker and mort-gage servicing firm; originat ing, buying, s e l l ing and otherwise dealing in mortgage loans as principal or agent; servicing mortgage loans for a f f i l i a t e d or nonaff i l ia ted e n t i t i e s ; acting as adviser in mortgage loan transactions; and engaging in the sale as agent of credit l i f e , credit d i sab i l i ty and credit accident and health insurance in connection with extensions of credit by bank and nonbank subsidiaries of the holding company) at Joppa Green Complex, 2300 West Joppa Road, Luthervil le , Maryland, the geographic area to be served by this o f f i c e will

3 / 4 (c ) (8 ) no t i f i ca t ion processed by Reserve Bank on behalf of the Board of ~ Governors under delegated authority.


H.2. 1982 No. 34 - 1 6 -


be the g rea te r Baltimore metropoli tan area including the surround-ing count ies of Harford, Baltimore, C a r r o l l , Howard, and Anne Arundel, through i t s subs id ia ry , Maryland National Mortgage Corporation (8/16/82) 31

Chicago F i d e l i t y Corp. , Carmel, Indiana, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (in mortgage lending and servic ing a c t i v i t i e s , including making or acquir ing mortgage loans and other extensions of c r e d i t , and se rv ic ing mortgage loans and other extensions of c r e d i t ) a t 11550 North Meridian S t r e e t , Carmel, Indiana., serving the Sta te of Indiana, Ohio and Kentucky, through i t s subs id ia ry , F i d e l i t y Investment Mortgage Company, Inc. (8/20/82) 3J

Minneapolis F i r s t Bank System, Inc . , Minneapolis, Minnesota, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (in providing bookkeeping or data processing serv ices and s to r ing and processing other banking, f i n a n c i a l , or r e l a t ed economic data such as performing p a y r o l l , accounts rece ivable or payable, or b i l l i n g services to the holding company, i t s s u b s i d i a r i e s and correspondents and customers of those s u b s i d i a r i e s , n o n - a f f i l i a t e d banks, t h r i f t s and o thers on an i nd i r ec t and d i r ec t cont rac t bas i s ) a t 332 Minnesota S t r e e t , S t . Paul, Minnesota, and regional centers located in B i l l i n g s , Montana; Duluth, Minnesota; Fargo, North Dakota; Great F a l l s , Montana; Minot, North Dakota; Rapid City , South Dakota; Rochester , Minnesota; Sioux F a l l s , South Dakota and Rothschi ld , Wisconsin, serving the cont inenta l United S t a t e s , through i t s subs id i a ry , F i r s t Computer Corporation (8/21/82) 3/

Minneapolis McLean Bank Holding Company, Garr ison, North Dakota, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( to engage in the purchase of general loans from i t s three subsidiary banks, namely the Garrison Sta te Bank, Garrison, North Dakota, Farmers Securi ty Bank, Washburn, North Dakota and the Bank of Turt le l a k e , Turtle Lake, North Dakota and an a f f i l i a t e d bank, the Union Sta te Bank of Hazen, North Dakota, the lending a c t i v i t y w i l l be confined to the following North Dakota count ies : McLean Mercer & Ol iver ; these loans will include real e s t a t e mortgages, a g r i c u l t u r e loans and consumer loans) the a c t i v i t y will be con-ducted from i t s pr inc ipa l o f f i c e at 2 North Main, Garrison, North Dakota (8/20/82) 3/

San Orbanco Financial Services Corporat ion, Por t land, Oregon, n o t i f i c a t i o n Francisco of in ten t to engage in de novo a c t i v i t i e s (making or acquir ing loans

or o ther extens ions of c r e d i t such as would be made or acquired by a commercial f inance company; leas ing personal property in accordance with 12 C.F.R. 225 .4 (a ) (6 ) ; and servic ing loans or p a r t i c i p a t i o n s in

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

i


H.2, 1982 No. 34 - 17 -


loans and other extensions of credi t ) a t 1601 Dove S t r e e t , Suite 295, Newport Beach, California, serving the Sta tes of Cal i forn ia and Arizona, through i t s subsidiary, Northwest Acceptance Corporation (8/20/82) Z/

San U. S. Bancorp, Portland, Oregon, n o t i f i c a t i o n of in ten t to engage in Francisco de novo a c t i v i t i e s (making, acquiring and se rv ic ing of loans and

other extensions of credit e i ther secured or unsecured for i t s own account or for the account of others including the making of con-sumer installment loans, purchasing consumer ins ta l lment and real es ta te sa les finance contracts and evidences of debt and making consumer home equity loans secured by rea l e s t a t e , making indus t r i a l loans, and acting as insurance agent with regard to c r e d i t l i f e and d i s a b i l i t y insurance so le ly in connection with extensions of c r e d i t by U. S. Bancorp Financial, Inc.) at the American Bank Center, 123 West First Street , Suite C-95, Casper, Wyoming, the primary service area to be served by the proposed o f f i c e wi l l be the e n t i r e c i t y of Casper, Wyoming as well as a l l of Natrona County, through i t s subsidiary, U. S. Bancorp Financial , Inc. d/b/a U. S. Bancorp Financial Services, Inc. (8/20/82) 3/

~Tf 4 (c ) (8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1982 No. 34 - 18 -

APPLICATIONS RECEIVED

To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act

New York The Bank of New York, New York, To establ i sh a branch o f f i c e within the Sayvil le Shopping Center Parking Lot, Town of I s l i p , Suffolk County, New York. 2/

St. Louis United Kentucky Bank, Inc. , Louisv i l le , Kentucky. To es tabl i sh a branch to be located in the Medical Arts Complex at 1169 Eastern Parkway, Louisv i l le , Jefferson City, Kentucky. 2j

* * * * *

To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act

Philadelphia

Chicago

Kansas City

* * * * *

Manufacturers Hanover Bank (Delaware) Wilmington, Delaware. 2/

Waupun Interim Bank, Waupun, Wisconsin. 2/

Viejo Bank, Li t t le ton, Colorado. 2/

To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act

Chicago The State Bank of Waupun, Waupun, Wisconsin, to merge with Waupun Interim Bank, Waupun, Wisconsin. 2/

* * * * *

2/ Application subject to Community Reinvestment Act, The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

I


H.2, 1982 No. 34 - 19 -

APPLICATIONS RECEIVED - Continued

Applications and Noti f icat ions for International Investments and Other Actions Pursuant to Sections

25 and 25(a) of the Federal Reserve Act and Sections 4(c) (9) and 4(c) (13) of the Bank Holding Company

Act of 1956, as amended

Boston The First National Bank of Boston, Boston, Massachusetts: prior not i f i ca t ion of i t s intent to acquire 26,400 additional Class B Registered Shares of Boston Bank Cameroon, S.A., Douala, United Republic of Cameroon.

New York Citibank, N.A., New York, New York: requests consent for agency conditions c lar i f i ca t ion Grind!ays Bank, London, England.

New York Citibank Overseas Investment Corporation, Wlmington, Delaware: prior not i f i ca t ion of i t s intent to acquire, d irect ly or ind irec t ly , a l l of the shares of a de novo commercial finance company, Citicorp AB, Stockholm, Sweden.

Dallas Mercantile Texas Corporation, Dallas, Texas: prior not i f i cat ion of i t s intent to make an additional capital investment within the next three years, into their foreign subsidiary, Mercantile Texas Overseas Finance, N.V., Curacao, Netherlands Ant i l l e s .

San First Pacif ic Investments Limited, Monrovia, Liberia and First Francisco Pacif ic Financial Limited, B.C.C., for approval to retain their

investment in First Pacif ic Financial Limited, Hong Kong B.C.C.

* * * * *

Atlanta

Atlanta

Atlanta

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

First Hartford Bancshares, Inc . , Hartford, Alabama, for approval to acquire at least 80 percent of the voting shares of The First National Bank of Hartford, Hartford, Alabama. 2J

Mountcorp Bancshares, Inc. , Jamestown, Tennessee, for approval to acquire at least 80 percent of the voting shares of Fentress County Bank, Jamestown, Tennessee. 2]

Quality Financial Services Corporation, Alexandria, Tennessee, for approval to acquire 100 percent of the voting shares of DeKalb County Bank and Trust Company, Alexandria, Tennessee. 2J

77 Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.


H.2, 1982 No. 34 20


Chicago Central Lakes Bancorporation, Inc . , Necedah, Wisconsin, for approval to acquire at least 80 percent of the voting shares of The Necedah Bank, Necedah, Wisconsin. 2/

Chicago Martinsvil le Bancshares, Inc. , Martinsvi l le , I l l i n o i s , for approval to acquire 100 percent of the voting shares ( l e s s directors' qual i fying shares) of the successor by merger to Martinsvil le State Bank, Martinsvi l le , I l l i n o i s . 2J

Chicago S. B. W. Bancorp., Inc. , Waupun, Wisconsin, for approval to acquire 100 percent of the voting shares ( l e s s directors' qual i fying shares) of the successor by merger to The State Bank of Waupun, Waupun, Wisconsin. 2J

St. Louis Dale Bancorp, Inc . , Dale, Indiana, for aproval to acquire 100 percent of the voting shares ( l e s s directors' qualifying shares) of successor by merger to The Dale State Bank, Dale, Indiana into Lincolnland Service Bank, Dale, Indiana. ZJ

St. Louis MB SUB, INC., St . Louis, Missouri, for approval to acquire 100 percent of the voting shares of First Missouri Banks, Inc. , Manchester, Missouri. 2/

Minneapolis First State Financial Services, Inc . , Bridgewater, South Dakota, for approval to acquire 80 percent of voting shares of First State Bank, Bridgewater, South Dakota. 2/

Minneapolis The Resource Companies, Inc. , Minneapolis, Minnesota, for approval to acquire 100 percent of the voting shares of Resource Trust Company, Minnetonka, Minnesota. 2J

Kansas City Hedlund Bancshares LTD., Montezuma, Kansas, for approval to acquire at least 80 percent of the voting shares of The Montezuma State Bank, Montezuma, Kansas, y

Kansas City Liberty Bancorp of Owasso, Inc . , Owasso, Oklahoma, for approval to acquire at l eas t 80 percent of the voting shares of Liberty Bank of Owasso, Owasso, Oklahoma. Zj

Kansas City Victory Bancshares, Inc . , Nowata, Oklahoma, for approval to acquire 89.5 percent of the voting shares of Victory National Bank of Nowata, Nowata, Oklahoma. 2J

77 Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

I


H.2, 1982 No. 34 - 2 1 -


Dallas

Dallas

Dallas

Dallas

San Francisco

San Francisco

San Francisco

Firs t Winters Holding Company, Winters, Texas, for approval to acquire at l eas t 80 percent of the voting shares of Winters State Bank, Winters, Texas, y

Lamesa National Corporation, Lamesa, Texas, for approval to acquire at l eas t 80 percent of the voting shares of The Lamesa National Bank, Lamesa, Texas. 2 /

Landmark Financial Group, Inc . , Fort Worth, Texas, for approval to acquire at l eas t 80 percent of the voting shares of Mercantile Bank of Fort Worth, Fort Worth, Texas. 2/

Permian Bancshares, Inc . , Odessa, Texas, for approval to acquire 100 percent of the voting shares of Permian Bank & Trust, Odessa, Texas. 2 /

F irs t Pac i f i c Investments Limited, Monrovia, Liberia; First Pacif ic Holdings Limited, Hong Kong, B.C.C.; FPC Holdings, N.V., Netherlands Ant i l l e s ; F irs t P a c i f i c , B.V., Amsterdam, Netherlands; and Firs t Pac i f i c Corporation, Wilmington, Delaware, for approval to aquire 100 percent of the voting shares of the Hibernia Bancshares Corporation, San Francisco, Cal i fornia , and indirect ly acquire Hibernia Bank, San Francisco, California. 2/

Redmond Bancorp, Redmond, Washington, for approval to acquire 100 percent of the voting shares of Bank of Redmond, Redmond, Washington. 2 /

Valencia Bancorp, Santa Ana, California, for approval to acquire 100 percent of the voting shares of Valencia Bank, Santa Ana, California. 2 /

To Expand a Bank Holding Company Pursuant to Section 3(a) (3) of the Bank Holding Company Act of 1956

Chicago Hampton Park Corporation, Romeoville, I l l i n o i s , for approval to acquire at l eas t 80 percent of the voting shares of The Palwaukee Bank, Prospect Heights, I l l i n o i s . 2 /

~TJ Application subject to Community Reinvestment Act. The Community Affa irs Off icer of the applicable Reserve Bank may be contacted as to the length of the comment period.


H.2, 1982 No. 34 - 2 2 -


Chicago

Chicago

St . Louis

St . Louis

Kansas City

Kansas City

Kansas City

Dal las

Dallas

Hawkeye Rancorporatlon, Des Moines, Iowa, for approval to acquire 100 percent of the voting shares of Hawkeye Bank and Trust, Mount Pleasant, Iowa. 2/

Oak Park Bancorp, Inc . , Oak Park, I l l i n o i s , for approval to acquire 100% of the voting shares of The Dunham Bank, St. Charles, I l l i n o i s . 27

Manufacturers Bancorp, Inc . , St. Louis, Missouri, for approval to acquire First Missouri Banks, Inc. , Manchester, Missouri and indirect ly acquire First Missouri Bank and Trust Company of Creve Coeur, Creve Coeur; First Missouri Bank of E l l i s v i l l e , E l l i s v i l l e ; First Missouri Bank of Franklin County, Gerald; First Missouri Bank of Gasconade County., Hermann; First Missouri Bank of Jefferson County., Arnold; First Missouri Bank of Montgomery County., Montgomery City; First Missouri Bank of Charles County, Wentzville; First Missouri Bank of St. Francois, Flat River; First Missouri Bank of Warren County, Warrenton; First Missouri Bank of Washington, Washington, a proposed new bank; First Misouri Bank of West County, Chesterfield (P.O. Ballwin); and First Missouri Bank, N.A., Valley Park, a proposed new bank, a l l located in Missouri. 2/

Meredosia Bancorporation, Inc . , Springfield, I l l i n o i s , for approval to acquire at least 82.3 percent of the voting shares of Farmers & Merchants State Bank, Virden, I l l i n o i s . 2/

Bates County Bancshares, Inc. , Rich Hi l l , Missouri, for approval to acquire at least 80 percent of the voting shares of Security Bank of Auxvasse, Auxvasse, Missouri. 2/

CharterCorp, Kansas City, Missouri, for approval to acquire at least 80 percent of the voting shares of Bank of Independence, Independence, Missouri. 2/

United Missouri Bancshares, Inc . , Kansas City, Missouri, for approval to acquire 33 percent of the voting shares of Platte County Bancshares, Inc . , Platte City, Missouri and indirect ly acquire at l eas t 83 percent of the voting shares of Platte County Bank of Camden Point, Camden Point, Missouri. 2/

First City Bancorporation of Texas, Inc . , Houston, Texas, for approval to acquire 100 percent of the voting shares of Chisholm National Bank, Piano, Texas. 2/

First City Bancorporation of Texas, Inc . , Houston, Texas, for approval to acquire 100 percent of the voting shares of Citizens Bank, Richardson, Texas. 2/

2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

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

H.2, 1982 No. 34 - 23 -


Dal las Harlingen National Bancshares, I n c . , Harlingen, Texas fo r approval t o acquire 100 percent of the voting shares of South Harlingen National Bank, Harlingen, Texas, a proposed new bank. 2/

* * * * *

New York

To Retain Bank Shares Acquired in a Fiduciary Capacity Pursuant t o Section 3 of the Bank Holding Company Act

of 1956

Midlantic Banks I n c . , and Midlantic National Bank, both located in Edison, New Je r sey , f o r approval to r e t a in 39.1375 percent of the voting shares of The F i r s t National Bank of Blairstown, Blairs town, New Je r sey . 2/

* * * * *

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

New York C i t i co rp , New York, New York, f o r approval to acquire , through i t s wholly-owned subs id ia ry , Ci t i corp Person-to-Person, I n c . , the voting shares of a f e d e r a l l y char tered stock savings and loan a s s o c i a t i o n , pursuant t o a supervisory conversion, of F i d e l i t y Federal Savings & Loan Association of San Francisco and to acquire i n d i r e c t l y i t s wholly-owned service corpora t ion , F i d e l i t y Subsidiary Corporation.

New York C i t i c o r p , New York, New York, requests permission to engage in the following a c t i v i t i e s ( the making or acquiring of loans and other extensions of c r e d i t , secured or unsecured, for consumer and other purposes; the extension of loans to dealers fo r the f inancing of inventory ( f l oo r planning) and working cap i ta l purposes; the purchasing and servic ing f o r i t s own account of s a l e s f inance con t r ac t s ; the sa le of c r ed i t re la ted l i f e and accident and heal th or decreasing or level ( in the case of s i ng l e payment loans) term l i f e insurance by l icensed agents or brokers , as required; t he issuing of t h r i f t c e r t i f i c a t e s and t h r i f t passbook c e r t i f i c a t e s ; the sa le of consumer or iented f i nanc i a l management courses; the se rv ic ing , f o r any person, of loans and other extensions of c r e d i t ; the making, acqu i r ing , and s e rv i c ing , f o r i t s own account and the account of others of

| 7 Application subject to Community Reinvestment Act. The Community A f f a i r s Of f i ce r of the appl icable Reserve Bank may be contacted as to the length of the comment per iod.


H.2, 1982 No. 34 - 24 -


extensions of c r e d i t to Individuals secured by l i ens on residen-t i a l or nonres iden t ia l real e s t a t e ; and the sa le 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 re la ted to extensions of mortgage loans; the serv ice area of the subsidiary would be comprised of the e n t i r e S ta te of Colorado; c r e d i t r e l a t ed l i f e , accident and heal th insurance may be wri t ten by Family Guardian L i fe Insurance Company, an a f f i l i a t e of Ci t icorp Person-to-Person Boulder Indus t r i a l Bank) at 1600 38th S t r e e t , Boulder, Colorado, serving t h e e n t i r e S ta te of Colorado, through i t s subs id i a ry , C i t i corp Person-to-Person Boulder Indus t r ia l Bank (8/17/82)

New York C i t i c o r p , New York, New York, reques ts permission to e s t ab l i sh a de novo o f f i c e of i t s subs id ia ry , Ci t icorp Homeowners, Inc. ("CHI"), and to expand the a c t i v i t i e s and se rv ice area of an e x i s t i n g o f f i c e of i t s subs id ia ry , Ci t icorp Person-to-Person Financial Center , Inc. ("CPFC") a t the same loca t ion ; the new a c t i v i t i e s in which the o f f i c e of CPFC proposes to engage de novo a re ( the making, acquir ing and se rv i c ing , fo r i t s own account and fo r the account of o t h e r s , of extensions of c r e d i t t o indiv iduals secured by l i e n s on res iden t i a l or non-res ident ia l real e s t a t e ; and the sa le 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 ed to extensions of mortgage loans; the proposed se rv ice area shal l be the e n t i r e S ta tes of Missouri and Kansas f o r the aforementioned proposed a c t i v i t i e s and fo r the fol lowing a c t i v i t i e s which have been previously approved f o r CPFC: the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, fo r consumer and other purposes; the extension of loans to dealers f o r the f inancing of inventory ( f l o o r planning) and working cap i t a l purposes; the purchasing and serv ic ing f o r i t s own account of sa les f inance con t rac t s ; the sa l e of c r e d i t r e l a ted l i f e and accident and health or decreasing or level ( in the case of s ing le payment loans) term l i f e insurance by l icensed agents or brokers , as required; the s a l e of consumer or iented f i nanc i a l management courses; and the s e rv i c ing , fo r any person, of loans and other extensions of c r e d i t . The a c t i v i t i e s in which the de novo o f f i c e of CHI wil l engage a r e : the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, f o r consumer and other purposes; the s a l e of c r e d i t r e l a t ed l i f e and accident and heal th or decreasing or level ( in the case of s ing le payment loans) term l i f e insurance by l icensed agents or brokers as required; the sa l e of consumer or iented f i nanc i a l management courses; the s e rv i c ing , fo r any person, of loans and other extensions of c r e d i t ; the making, acquir ing and se rv i c ing , fo r i t s own account and fo r the account of o t h e r s , of extension of c red i t to ind iv idua ls secured by l i e n s on r e s iden t i a l or nonres ident ia 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 ed to extensions of mortgage loans: the proposed se rv ice area of CHI sha l l be comprised of the e n t i r e S ta tes of

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

H.2, 1982 No. 34 - 2 5 -


New York

Philadelphia

Richmond

Missouri and Kansas for al l the aforementioned a c t i v i t i e s ; credit related l i f e , accident and health insurance may be written by Family Guardian Life Insurance Company, an a f f i l i a t e of CPFC and CHI) at 310 E. 12th Street , Kansas City, Missouri, through i t s subsidiaries , Citicorp Person-to-Person Financial Center, Inc. and Citicorp Homeowners, Inc. (8/18/82)

Skandinaviska Enskilda Banken, Stockholm, Sweden, for approval engage de novo in certain a c t i v i t i e s through Skandinaviska Enskilda Banken Corporation, New York, New York

to

Philadelphia National Corporation, Philadelphia, Pennsylvania, not i f icat ion of intent to engage in de novo a c t i v i t i e s (in commercial finance and factoring a c t i v i t i e s including the so l i c i ta t i on and making of loans to businesses and corporations secured by accounts receivable, inventory, machinery and equip-ment and/or other commercial finance collateral and the fac-toring of accounts receivable) at Minneapolis City Center, 33 South Sixth Street , Minneapolis, Minnesota, serving Minne-apol is , Minnesota and surrounding areas, through i t s subsidiary, Congress Financial Corporation (8/18/82)

Southern Bancorporatlon, Inc. , Greenville, South Carolina, for approval to acquire assets of Continental Credit Corporation, Greenville, Texas, and thereby engage in making direct loans to individuals.

Atlanta Florida Coast Banks, Inc . , Pompano Beach, Florida, for approval to acquire 50 percent of the voting shares of Midlantic/Florida Coast Holdings, Inc . , Edison, New Jersey, and thereby engage indirectly in trust a c t i v i t i e s through Florida Coast Mid-lantic Trust Company, N.A., Lighthouse Point, Florida, a pro-posed de novo trust company.

Atlanta Southeast Banking Corporation, Miami, Florida, not i f icat ion of intent to engage in a c t i v i t i e s (to act as an investment or financial advisor to investors by providing portfo l io invest-ment advice related to certain real property in teres t s , located in the Southeastern United States, with properties in Florida receiving the principal focus; the primary investor focus will i n i t i a l l y be financial ins t i tut ions , including pension funds and Insurance companies, and wealthy individuals located throughout Western Europe (primarily Germany, Holland, and the United Kingdom); over time, investors in Latin American, the Far East, the Middle East, and institutional investors in the United States are also expected to be served) at 100 South Biscayne Boulevard, Miami, Florida, through Its wholly-owned subsidiary, Southeast Investors Management Corporation (8/18/82)


H.2, 1982 No. 34 — 2 6 —


Chicago Northern Trust Corporation, Chicago, I l l i n o i s , no t i f i ca t ion of intent to engage in de novo a c t i v i t i e s (performing appraisals of real es tate ) at 1900 Spring Road, Suite 102, Oak Brook, I l l i n o i s , the geographic area to be served will be the ent ire 50 s t a t e s of the United States , through i t s subsidiary, Nortrust Farm Management, Inc. (8/13/82)

St . Louis Manufacturers Bancorp, I n c . , St. Louis, Missouri, for approval to acquire First Missouri Insurance Group, Inc. , Manchester, Missouri.

Minneapolis First Bank System, Inc . , Minneapolis, Minnesota, not i f i cat ion of intent to engage in de novo a c t i v i t i e s (to engage in the a c t i v i t i e s that may Be performed by a trust company, including a c t i v i t i e s of a f iduc iary , agency or custodian nature) at 10451 Palmera Drive, Sun City, Arizona, serving the metropolitan area of Phoenix, Arizona, through i t s subsidiary First Trust Company of Arizona (8/13/82)

Minneapolis Bank Shares Incorporated, Minneapolis, Minnesota, not i f i ca t ion of intent to engage in de novo a c t i v i t i e s (in leasing personal or real property or acting as agent, broker or advisor in leasing such property in accordance with the Board's Regulation Y) at 777 Marquette Avenue, Minneapolis, Minnesota, serving the United States (8/16/82)

Kansas City First National of Nebraska, I n c . , Omaha, Nebraska, no t i f i ca t ion of intent to engage in de novo a c t i v i t i e s (in leasing personal property and acting as Broker or agent for banks in leasing personal property; the leases entered into will primarily involve participation in the l e s sor ' s interest by a f f i l i a t e d and non-a f f i l i a ted banks) at One First National Center, Omaha, Nebraska serving the general nridwestern United States , but primarily Nebraska and Iowa, through i t s subsidiary, Banclease, Inc. (8/20/82)

San BankAmerica Corporation, San Francisco, California, not i f i ca t ion Francisco of intent to engage in de novo a c t i v i t i e s (making or acquiring,

for i t s own account loans and other extensions of credit such as would be made or acquired by the finance company; servicing loans and other extensions of credit; and offering credi t -related l i f e insurance, credit -re lated accident and health insurance and credit -re lated property insurance; such a c t i v i t i e s wi l l include, but not be limited t o , making consumer installment loans, purchasing installment sales finance contracts, making loans and other extensions of credit to small businesses, making loans secured by real and personal property, and offering credi t -re lated l i f e , credit -re lated accident and health and


H.2, 1982 No. 34 27 -


credi t -re lated property insurance directly related to extensions of credit made or acquired by FinanceAmerica of Columbia Heights Inc.) at 19 N. 4th Street , Moorehead, Minnesota, serving the ent ire States of Minnesota and North Dakota, through i t s indirect subsidiary, FinanceAmerica of Columbia Heights Inc. (a Minnesota corporation [whose name will be changed t o FinanceAmerica of Hoorhead Inc . ] ) (8/18/82)

San BankAmerica Corporation, San Francisco, California, not i f i cat ion Francisco of intent to engage in de novo a c t i v i t i e s (making or acquiring,

for i t s own account loans and other extensions of credit such as would be made or acquired by a finance company; servicing loans and other extensions of credit such as would be made or acquired by a finance company; servicing loans and other ex-tensions of credi t ; and offering credit -related l i f e insurance and credit -related accident and health insurance. Credit-related property insurance will not be offered in the State of Indiana; such a c t i v i t i e s wil l include, but not be limited to , making con-sumer installment loans, purchasing sales finance contracts, making loans and other extensions of credit to small businesses, making loans and other extensions of credit secured by real and personal property, and offer ing credit -re lated l i f e and credit -related accident and health insurance direct ly related to extensions of credit made or acquired by FinanceAmerica Corporation) in Indianapolis, Indiana, serving the ent ire s tate of Indiana, through i t s indirect subsidiary, FinanceAmerica Corporation (an Indiana corporation) (8/19/82)

San Seaf irs t Corporation, Seat t le , Washington, not i f i ca t ion of intent Francisco to engage in de novo a c t i v i t i e s (to act as agent for offering

the sale of Unemployment insurance direct ly related to extensions of credit by Seaf i r s t Corporation or i t s subsidiaries) at Second and Marion Streets , Exchange Building, Seat t le , Washington, serving residents of Washington, through i t s subsidiary, Seaf irs t Insurance Corporation (8/13/82)

San Security Pac i f i c Corporation, not i f i ca t ion of intent to engage in Francisco de novo a c t i v i t i e s (to engage in financing and industrial loan

corporation a c t i v i t i e s including making, acquiring and servicing loan and other extensions of credit ; s e l l i n g and issuing invest-ment c e r t i f i c a t e s ; and acting as agent for the sale of credit -related l i f e , credi t -re lated accident and health and credit-related property insurance, a l l as authorized by California law) at 11480 South Street , Cerritos; 21535 North Hawthorne Boulevard, Torrance; and 600 North Mountain Avenue, Upland, a l l in California, through i t s subsidiary, Security Paci f ic Finance Money Center Inc. (8/20/82)


H. 2, 1982 No. 34 - 2 8 -


San Security Paci f ic Corporation, Los Angeles, California, no t i f i ca t ion Francisco of intent to relocate de novo a c t i v i t i e s (making or acquiring,

for i t s own account or for the account of others, loans and extensions of c red i t , including making consumer installment personal loans, purchasing consumer installment sales finance contracts , making loans to small businesses and other extensions of credit such as would be made by a factoring company of a con-sumer finance company; and acting as broker or agent for the sale of credit l i f e and credit accident and health insurance) from 5012 Wellington Avenue, Ventnor City, New Jersey to Pro-fessional Plaza, 2021 New Road, Linwood, New Jersey, serving the State of New Jersey, through i t s subsidiary Security Paci f ic Finance Corp. (8/19/82)

* * * * *

REPORTS RECEIVED

Ownership Statement Filed Pursuant to Section 13(d) of the Securit ies Exchange Act

The Bank of Vienna Vienna, Virginia (Amendment to 7/31/81 report)

Solicitation/Recommendation Statement Pursuant to Section 14(d)(4) of the Securit ies Exchange Act

The Bank of Vienna Vienna, Virginia

* * * * *

PETITIONS FOR RULEMAKING

None.


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