-
ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM (H.2 , 1980 No. 41)
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 R e p
o r t s
Rece ived Dur ing t h e Week Ending Oc tober 11, 1980
APPLICABLE
RESERVE BANK ACTIONS OF THE BOARD
Consumer Adv i so ry Counc i l m e e t i n g s , October 3 0 - 3
1 , 1980.
R e g u l a t i o n J , s u b p a r t A and s u b p a r t B, t h
e Board adopted a c l a r i f i c a t i o n and s i m p l i f i c a
t i o n of i t s R e g u l a t i o n J , which d e a l s w i t h
Reserve Bank p rocedures f o r check c o l l e c t i o n and wire t
r a n s f e r of f u n d s .
C i t i c o r p , New York, New York, l e t t e r r e g a r d i
n g proposed a c t i v i t i e s to be conduc ted i n t h e
Washington , D.C. and B a l t i m o r e , Maryland, m e t r o p o l
i t a n a r e a s by C i t i c o r p F i n a n c i a l , I n c . ,
a c r e d i t c a r d s u b s i d i a r y of C i t i c o r p .
G e n e r a l Account ing O f f i c e Report e n t i t l e d " I
n t e r n a l Aud i t i ng Can be S t r e n g t h e n e d i n t h e
F e d e r a l Reserve Sys tem", l e t t e r s e n t to Chairman Wi
l l i am P r o x m i r e , S e n a t e Banking Committee, e n c l o
s i n g a copy of t h e B o a r d ' s r e sponse to t h e R e p o r
t .
Kansas C i t y C e n t r a l Colorado Company, Denver , Co lo
rado , e x t e n s i o n of t ime t o December 31, 1980, w i t h i
n which to consummate t h e a c q u i -s i t i o n of C e n t r a l
B a n c o r p o r a t i o n , Denver , Co lo rado , a r e g i s t e
r e d bank ho ld ing company. 1 /
A t l a n t a M a n u f a c t u r e r s B a n c s h a r e s , I
n c . , Miami, F l o r i d a , e x t e n s i o n of t ime t o
November 15 ,1980, w i t h i n which to consummate t h e a c q u i
s i t i o n of M a n u f a c t u r e r e s N a t i o n a l Bank, H
i a l e a h , F l o r i d a . 1/
Kansas C i t y Midland F i n a n c i a l C o r p o r a t i o n ,
Caspe r , Wyoming, e x t e n s i o n of t ime t o J a n u a r y 11,
1981, w i t h i n which to consummate t h e a c q u i s i t i o n
of Mountain P l a z a N a t i o n a l Bank, C a s p e r , Wyoming.
1/
Kansas C i t y J a c k s o n S t a t e Bank, J a c k s o n ,
Wyoming, t o i n v e s t i n bank p r e m i s e s . 1/
T7 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 .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H .2 , 1980 No. 41 2 -
New York
P h i l a d e l p h i a
New York
A t l a n t a
San Francisco
Richmond
A t l a n t a
San F r a n c i s c o
Bos ton
Chicago
ACTIONS OF THE BOARD-Continued
Long I s l a n d T r u s t Company, Garden C i t y , New York, t
o make an a d d i t i o n a l investment i n bank premises . 1/
Orrstown Bank, Orrs town, Pennsy lvan ia , t o make an a d d i t
i o n a l investment i n bank p remises . 1/
S t a t e Bank of Albany, Albany, New York, e x t e n s i o n of
time w i t h i n which to e s t a b l i s h a branch o f f i c e a
t 1450 Western Avenue, Albany, New York. 1 /
Sun Bank of Ocala , Ocala , F l o r i d a , to make an a d d i t
i o n a l i n -vestment in bank p remises . 1 /
BSD Merger Company, San Diego, C a l i f o r n i a , proposed
merger wi th and i n t o the Bank of San Diego, C a l i f o r n i a
; r e p o r t to t he F e d e r a l Deposi t In su rance Corpora t
ion on compet-i t i v e f a c t o r s . 1 /
Cen t ra l Ca ro l i na Bank & T r u s t Company, Durham,
North C a r o l i n a , proposed merger wi th Bur l ing ton Na t
iona l Bank, Bur l i n g ton , North Ca ro l ina ; r e p o r t to
the Fede ra l Deposi t Insurance Corpora t ion on compe t i t i ve
f a c t o r s . 1J
F u l t o n Na t iona l Bank of A t l a n t a , A t l a n t a ,
Georg ia , proposed merger with The Nor theas t Commercial Bank, D
o r a v i l l e , Georgia; r e p o r t to the Comptro l le r of the
Currency on compe t i t i ve f a c t o r s . 1/
Independence Bank, Enc ino , C a l i f o r n i a , proposed
merger wi th H a l i f a x F i n a n c i a l Hold ings , I n c . ,
Encino, C a l i f o r n i a ; r e p o r t to the Fede ra l Depos i
t Insurance Corpora t ion on c o m p e t i t i v e f a c t o r s .
V
Nat iona l Bank of Newbury a t Wells R i v e r , Wells R i v e r
, Vermont, proposed a c q u i s i t i o n of a s s e t s and
assumption of l i a b i l i t i e s by Wells R ive r Savings Bank,
Wells R i v e r , Vermont; r e p o r t to t h e F e d e r a l
Deposi t Insurance Corpora-t i o n on compe t i t ive f a c t o r s
. 1/
Peoples S t a t e Bank of S t . Jo seph , S a i n t Joseph,
Michigan, p roposa l to merge w i th The F i r s t Nat iona l Bank
of W a t e r v l i e t , Michigan, under the c h a r t e r and t i
t l e of The Peoples S t a t e Bank of S t . Joseph , S a i n t
Joseph , Michigan; r e p o r t to the F e d e r a l Deposi t
Insurance Corpora t ion on compe t i t i ve f a c t o r s . 1/
T7 A p p l i c a t i o n processed on behalf of the Board of
Governors under de lega ted a u t h o r i t y .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H .2, 1980 No. 41 - 3 -
ACTIONS OF THE BOARD-Continned
San P l a c e r Bank, Rock l in , C a l i f o r n i a , proposed
merger w i t h and F r a n c i s c o i n t o Bank of Alex Brown,
Walnut Grove, C a l i f o r n i a ; r e p o r t
to the Fede ra l Deposi t I n su rance Corpora t ion on compe t
i t ive f a c t o r s . 1/
A t l a n t a S t . P e t e r s b u r g Bank and T r u s t
Company, S t . P e t e r s b u r g , F l o r i d a , proposed
merger wi th Rutland Cen t r a l Bank, S t . P e t e r s b u r g ,
F l o r i d a and Cen t r a l P l aza Bank and Trus t Company, S t
. P e t e r s b u r g , F l o r i d a ; r e p o r t to the Fede ra
l Depos i t Insurance Corpora t ion on compet i t ive f a c t o r s
. 1 /
P h i l a d e l p h i a Suburban Bank, Eas t Nor r i ton
Township, Pennsy lvan ia , proposed merger w i t h American Bank
and T r u s t Co. of P a . , Reading, Pennsy lvan ia , under t he c
h a r t e r and t i t l e of American Bank and T r u s t Co. of Pa
. ; r e p o r t to the Federa l Deposi t I n s u r -ance Corpora t
ion on c o m p e t i t i v e f a c t o r s . V
l 7 A p p l i c a t i o n processed on behalf of the Board of
Governors under de lega ted a u t h o r i t y .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H.2, 1980 No. 41 4
ACTIONS OF THE BOARD-Contlnued
To E s t a b l i s h a Domestic Branch Pursuant to Sec t i on 9
of t h e F e d e r a l Reserve Act
Approved New York Long I s l a n d T r u s t Company, Garden C i
t y , New York. Branch
to be e s t a b l i s h e d a t the n o r t h e a s t co rne r
of Adams Avenue and Cabot Cour t , Hauppauge, Smithtown, S u f f o
l k County, New York. 1/ & 2 /
New York Chemical Bank, New York, New York. Branch to be e s t a
b l i s h e d a t Kismet Inn Marina Dock on F i r e I s l a n d , S
u f f o l k County, New York. 1/ & 2 /
P h i l a d e l p h i a Gi ra rd Bank, Bala Cynwyd, Pennsy lvan
i a . 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 t h e Penn C e n t r a l S t a t i o n , Germantown
and Evergreen Avenues, P h i l a d e l p h i a , Penn-s y l v a n i
a . 1/ & 2 /
P h i l a d e l p h i a Gi ra rd Bank, Bala Cynwyd, P e n n s y
l v a n i a . 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 t he T h r i f t w a y Market , 4301 Walnut
S t r e e t , P h i l a d e l p h i a , P e n n s y l v a n i a .
I./ & 2 /
P h i a l d e l p h i a Gi ra rd 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 Route 452 and M a r i a n v i l l e Road, As ton ,
Delaware County, Pennsy lvan i a . V& 2/
Richmond The Peoples Bank of C h e s t e r f i e l d , C h e s t
e r f i e l d , V i r g i n i a . Branch to be e s t a b l i s h e
d in t h e Meadowbrook Shopping Center a t the i n t e r s e c t i
o n of Hopkins Road and Chippenham Parkway, C h e s t e r f i e l d
County, V i r g i n i a . 1/ & 2 /
A t l a n t a Bank of F l o r i d a in S t . P e t e r s b u r g
, S t . P e t e r s b u r g , F l o r i d a . Branch to be e s t a
b l i s h e d a t 10501 66th S t r e e t , North S t . P e t e r s
b u r g , F l o r i d a . JL/ & 2 /
A t l a n t a The F i r s t Commercial Bank of F o r t Myers, F
o r t Myers, F l o r i d a . Branch to be e s t a b l i s h e d a t
12998 McGregor Boulevard , S.W., F o r t Myers, F l o r i d a . V
& 2 /
A t l a n t a F l a g s h i p Bank of Tampa, Tampa, F l o r i d
a . Branch to be e s t a b -l i s h e d on t h e 2000 Block of
South Macdi l l Avenue, Tampa, F l o r i d a . 1 / & 2 /
17 A p p l i c a t i o n p rocessed on behalf of the Board of
Governors under de lega ted a u t h o r i t y .
2/ A p p l i c a t i o n s u b j e c t to Community Reinvestment
Ac t . The Community "** Reinvestment O f f i c e r of the 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 to the l e n g t h of the comment p e r i o d .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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H.2, 1980 No. 41 - 5 -
ACTIONS OF THE BOARD-Continued
Minneapol is F i d e l i t y Bank and T r u s t Company,
Minneapol i s , Minnesota . Branch to be e s t a b l i s h e d i n
B u r n s v i l l e , Minnesota . 1/ & 2 /
San United C a l i f o r n i a Bank, Los Angeles , C a l i f o r
n i a . To e s -F ranc i s co t a b l i s h a manned motor banking
f a c i l i t y in t h e v i c i n i t y
of the North West c o r n e r of the i n t e r s e c t i o n of
Rose Drive and Linda V i s t a S t r e e t , P l a c e n t i a ,
Orange County, C a l i f o r n i a . V & 2 /
* * * * *
To Become a Member of t h e Fede ra l Reserve System Pursuan t t
o S e c t i o n 9 of t h e F e d e r a l Reserve Act
Approved C i t i z e n s Bank of Tazewel l , Tazewel l , V i r g
i n i a . JL/ & 2 /
Gateway Bank & T r u s t Company, L i n c o l n , Nebraska .
V
Rocky Mountain S t a t e Bank, S a l t Lake C i t y , Utah .
1/
Richmond
Kansas C i ty
San Francisco
* * * * *
I s s u e d I n t e n t Not to Disapprove Change in Con t ro l
Pursuan t t o Change i n Bank Con t ro l Act of 1978
Not Disapproved Kansas C i ty Ameribanc, I n c . , S t . Joseph,
M i s s o u r i .
V A p p l i c a t i o n processed on behalf of the Board of
Governors under de legated a u t h o r i t y .
2I A p p l i c a t i o n s u b j e c t to Community Reinvestment
Ac t . The Community Reinvestment O f f i c e r of the a p p l i c
a b l e Reserve Bank may be con t ac t ed
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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H.2, 1980 No. 41 6
ACTIONS OF THE BOARD-Contlnued
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 to Sec t i ons 25 and 25(a ) of the Federa l Reserve Act
and Sec t ions 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank
Holding Company Act of 1956, as amended
Approved New York Standard Char te red Bank L i m i t e d , New
York, New York: g r a n t s
pe rmis s ion f o r Union I n t e r n a t i o n a l Bank, Los
Angeles , C a l i f o r n i a , to amend A r t i c l e F i r s t ,
T h i r d , Fourth and Ninth of i t s A r t i c l e s of A s s o c
i a t i o n in o rder to change the name of Union I n t e r n a t i
o n a l Bank to Standard Char te red Bank I n t e r n a t i o n a l
; to r e l o c a t e i t s home o f f i c e from Los Angeles , C a
l i f o r n i a to Houston, Texas; and to d e l e t e t h e p r o v
i s i o n r e q u i r i n g t h a t each d i r e c t o r of the
Corpora t ion be a U.S. c i t i z e n .
* * * * *
To Form a Bank Holding Company Pursuant to S e c t i o n 3 ( a )
( 1 ) of t h e Bank Holding Company Act of 1956
Approved New York BT Bancshares , I n c . , Albany, New York, f
o r approval to a cqu i r e
100 percen t of t h e v o t i n g s h a r e s of Bankers T rus t
Company of Albany, N a t i o n a l A s s o c i a t i o n , Albany,
New York, Bankers Trus t of Binghamton, Binghamton, New York and BT
Na t iona l Bank, Albany, New York, a proposed new bank. If &
2J
P h i l a d e l p h i a Guarantee Bancorp, I n c . , A t l a n t
i c C i t y , New J e r s e y , fo r ap-p rova l to a c q u i r e
100 p e r c e n t of the vo t i ng s h a r e s of Guarantee Bank, A
t l a n t i c C i t y , New J e r s e y . 1/ & 2 /
A t l a n t a F i r s t Ci ty Bancorp, I n c . , M a r i e t t a
, Georg ia , f o r approval to acqu i r e 100 percent of t h e v o
t i n g s h a r e s of The F i r s t Na t iona l Bank of Cobb
County, M a r i e t t a , Georg ia . 1/ & 2/
A t l a n t a F i r s t Na t iona l Bancshares of L o u i s i a
n a , I n c . , A lexandr i a , L o u i s i a n a , f o r approval
t o a c q u i r e up to 90.34 pe r cen t of t h e v o t i n g s h a
r e s of S e c u r i t y F i r s t Na t iona l Bank, A lexand r i a
, L o u i s i a n a . 1 / & 2 /
17 App l i ca t i on processed on behalf of the Board of
Governors under de lega ted a u t h o r i t y .
2 / A p p l i c a t i o n s u b j e c t to Community
Reinvestment Act . The Community Reinvestment O f f i c e r of the
a p p l i c a b l e Reserve Bank may be c o n t a c t e d as to the
l e n g t h of the comment p e r i o d .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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H.2, 1980 No. 41
ACTIONS OF THE BOARD-Continued
A t l a n t a Gwinnett Holding Company, S n e l l v i l l e ,
Georg ia , f o r approval to a c q u i r e 80 percent o r more of t
h e v o t i n g s h a r e s of Gwinnett County Bank, S n e l l v i
l l e , Georg ia . 1/ & If
Chicago F i r s t Belmond BanCorporat ion, Belmond, Iowa, for
approva l t o a c q u i r e 80 pe r cen t of the v o t i n g sha re
s of F i r s t S t a t e Bank, Belmond, Iowa. JL/ & 2 /
Chicago Nor thwestern Bank C o r p o r a t i o n , E a s t Jo
rdan , Michigan, f o r approva l to acqu i r e 100 percent of t h e
v o t i n g s h a r e s of Nor thwes tern S t a t e Bank, E a s t J
o r d a n , Michigan. 1/ & 2 /
Chicago Por t l and F i n a n c i a l S e r v i c e s , I n c .
, P o r t l a n d , Oregon, f o r approval to a c q u i r e 98 .23
pe r cen t of the vo t i ng s h a r e s of The C i t i z e n s Bank
of P o r t l a n d , P o r t l a n d , I n d i a n a . J 7 & 2
/
S t . Louis HAMBAC, I n c . , Hodgenv i l l e , Kentucky, f o r
approval to a c q u i r e 80 .7 percent of t h e v o t i n g s h a
r e s of The Lincoln Na t iona l Bank, Hodgenv i l l e , Kentucky.
1 / & 2/
Mineapol i s S t r a sbu rg Banshares , I n c . , S t r a s b u
r g , North Dakota, f o r ap-p rova l to a c q u i r e 95.85 p e r
c e n t of the v o t i n g s h a r e s of S t r a s b u r g S t a t
e Bank, S t r a s b u r g , North Dakota. 1/ & 2/
Minneapol is W h i t e f i s h Holding Company, I n c . , W h i
t e f i s h , Montana, f o r ap-p rova l to a cqu i r e a t l e a s
t 96 .7 percent of t h e v o t i n g s h a r e s of The F i r s t S
t a t e Bank of W h i t e f i s h , W h i t e f i s h , Montana. 1/
&2/
Kansas Ci ty Cedar Po in t Bancshares , I n c . , Cedar P o i n
t , Kansas, f o r ap-prova l to acqu 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 The Cedar Po in t S t a t e
Bank, Cedar P o i n t , Kansas . 1/ & 2 /
Kansas C i ty Dominion Banqueshares L imi ted , Kansas C i t y ,
M i s s o u r i , f o r ap-prova l to a c q u i r e 98.7 pe r cen t
of the vo t i ng s h a r e s of Grandview Bank and T r u s t
Company, Grandview, M i s s o u r i . 1/ & 2/
Kansas Ci ty F and M Bancshares , I n c . , Derby, Kansas, f o r
approval to a c q u i r e 80 percen t of t h e v o t i n g s h a r
e s of Farmers and Merchants S t a t e Bank of Derby, Derby, Kansas
. 1/ & 2/
T7 A p p l i c a t i o n processed on behal f of the Board of
Governors under de lega ted a u t h o r i t y .
2 / A p p l i c a t i o n s u b j e c t to Community
Reinvestment Ac t . The Community Reinvestment 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 to
the l e n g t h of the comment p e r i o d .
I
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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H.2, 1980 No. 41 8
ACTIONS OF THE BOARD-Continued
Kansas Ci ty F i r s t Keyes Bancshares , I n c . , Keyes,
Oklahoma, f o r approval to a c q u i r e 80 percent of t h e v o t
i n g s h a r e s of The F i r s t S t a t e Bank, Keyes, Oklahoma.
1/ & 27
Kansas Ci ty L i b e r t y Bancshares , I n c . , L i b e r t y
, M i s s o u r i , fo r approval t o a c q u i r e a t l e a s t
80 pe rcen t of the vo t ing s h a r e s of Com-m e r c i a l Bank
of L i b e r t y , N.A. , L i b e r t y , M i s s o u r i . V &
2/
Da l l a s F i r s t Grand P r a i r i e Bank S h a r e s , I n
c . , Grand P r a i r i e , Texas , f o r approva l to a c q u i r
e 80 percent of t h e v o t i n g s h a r e s of Na t iona l Bank
of Grand P r a i r i e , Grand P r a i r i e , Texas . 1/ &
2/
D a l l a s F i r s t Schulenburg F i n a n c i a l Corpo ra t i
on , Schulenburg , Texas, f o r approva l to a c q u i r e 80
percent of t h e v o t i n g sha re s ( l e s s d i r e c t o r s '
q u a l i f y i n g s h a r e s ) of The F i r s t Nat ional Bank
of Schulenburg , Schulenburg , Texas . 1/ & 2 /
* * * * *
New York
To Expand a Bank Holding Company Pursuant to Sec t ion 3 ( a ) (
3 ) of t h e Bank Holding Company Act of 1956
Approved Bankers T rus t New York C o r p o r a t i o n , New
York, New York, f o r
approva l to a c q u i r e 100 p e r c e n t of the v o t i n g
s h a r e s of BT Na t iona l Bank, Albany, New York, a proposed
new bank. It & 2/
A t l a n t a Marsh Inves tmen t s , N.V. , Curacao, Ne the r l
ands A n t i l l e s ; Marsh Inves tmen t s , B.V. , Rot terdam,
The Ne the r l ands ; and M.F.G. I n v e s t m e n t s , I n c . ,
H i a l e a h , F l o r i d a , f o r approval to a c q u i r e 31
percent o r more of t h e v o t i n g s h a r e s of D e e r f i e
l d Beach S t a t e Bank, D e e r f i e l d Beach, F l o r i d a .
1/ & 2/
Chicago F i r s t Bank C o r p o r a t i o n , Midland,
Michigan, f o r approval to a c q u i r e 99 percent of t h e v o t
i n g s h a r e s of F i r s t Community Bank, N.A. , West Branch,
Michigan, a proposed new bank. 1/ & 2/
1/ A p p l i c a t i o n p rocessed on behalf of the Board of
Governors under de legated a u t h o r i t y .
2 / A p p l i c a t i o n s u b j e c t to Community
Reinvesmtent Act # The Community Reinvestment O f f i c e r of the
a p p l i c a b l e Reserve Bank may be con tac t ed a s to the l e
n g t h of the comment p e r i o d .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
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H.2, 1980 No. 41
Minneapol is
Kansas Ci ty
Da l l a s
D a l l a s
- 9 -
ACTIONS OF THE BOARD-Continued
SECURITY STATE BANK HOLDING COMPANY, Hannaford, North Dakota, f
o r approva l to a c q u i r e 100 percent of t h e v o t i n g sha
re s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s
) of Farmers & Merchants Bank of Wimbledon, Wimbledon, North
Dakota, 1/ & 27
Wyoming Bancorpora t ion , Cheyenne, Wyoming, f o r approval to
a c q u i r e 100 percent ( l e s s d i r e c t o r s ' q u a l i f
y i n g s h a r e s ) of F i r s t Wyoming Bank-Wright, Wright ,
Wyoming, a proposed new bank. 1/ & 2/
A l l i e d Bancshares , I n c . , Houston, Texas , f o r
approval to a c q u i r e 100 percent of t he v o t i n g s h a r e
s ( excep t d i r e c t o r s ' q u a l i f y i n g s h a r e s )
of F i r s t Bank of Edna, Edna, Texas . 1/ & 21
Al l i ed Bancshares , I n c . , Houston, Texas , f o r approval
to 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 (
excep t d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of S
e c u r i t y Na t iona l Bank, Houston, Texas . 1/ & 2/
* * * * *
To Expand a Bank Holding Company Pursuant to S e c t i o n 4 ( c
) ( 8 ) of t h e Bank Holding Company Act of 1956
Approved P h i l a d e l p h i a F i r s t Pennsylvania Corpo ra
t i on , P h i l a d e l p h i a , Pennsy lvan ia ,
f o r approval to r e t a i n 100 pe rcen t of the v o t i n g
sha re s of Pennamco Insurance S e r v i c e s , I n c . , P h i l
a d e l p h i a , Penn-s y l v a n i a . V
Cleveland Mellon Na t iona l C o r p o r a t i o n , P i t t s b
u r g h , Pennsy lvan i a , f o r approva l to engage de novo i n
the unde rwr i t i ng on r e i n s u r -ance b a s i s , of 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 so ld in c o n n e c t i o n wi th consumer loans a t two
of i t s s u b s i d i a r i e s , Mellon Bank, N.A. or Freedom F i
n a n c i a l S e r v i c e s Corpora t ion and the a c t i v i t y
would be conducted through a newly formed, wholly-owned s u b s i d
i a r y of Freedom F i n a n c i a l known a s Mellon L i f e Insu
rance Company, Wilmington, Delaware. 1 /
1/ A p p l i c a t i o n processed on behal f of the Board of
Governors under de lega ted a u t h o r i t y .
2/ A p p l i c a t i o n s u b j e c t to Community Reinvestment
Ac t . The Community Reinvestment 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 to the l e n g t
h of the comment p e r i o d .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
n . 2 , 1980 No. 41 10
ACTIONS OF THE BOARD-Continued
Minneapol is Am-Can Inves tment , I n c . , Moorhead, Minnesota,
f o r approval to r e t a i n the nonbanking a c t i v i t y of
making loans to s t o c k -h o l d e r s . V
Minneapol is The Br idger Company, Wayzata, Minnesota, f o r
approval to con-t i n u e to s e l l in su rance as a g e n e r a l
i n su rance agent in t he town of B r i d g e r , Minnesota , a
community with l e s s than 5,000 p o p u l a t i o n . JL/
Minneapl is Lanesboro Agency, I n c . , Lanesboro , Minnesota, f
o r approval to con t inue to engage in o p e r a t i n g a gene ra
l i n su rance agency in a community wi th l e s s than 5 ,000 p o
p u l a t i o n . If
Minneapol is Richey Bancorpora t ion , I n c . , Richey,
Montana, for approva l t o con t inue to engage i n gene ra l i n
su rance agency a c t i v i t i e s in a community wi th l e s s t
han 5,000 p o p u l a t i o n . JL/
Kansas Ci ty DuRoc Investment Company, Table Rock, Nebraska, f o
r approval to con t inue to engage in. commercial f i n a n c e a c
t i v i t i e s a t an o f f i c e in Table Rock, Nebraska . V
Kansas C i ty Va l l ey S t a t e Inves tmen t s , I n c . ,
Lamar, Colorado, fo r approval to con t inue to engage In the s a l
e of insurance d i r e c t l y r e -l a t e d to the ex t ens ions
of c r e d i t by Val ley S t a t e Bank, Lamar, Colorado. 1/
Pe rmi t t ed New York Chemical New York Corpo ra t i on , New
York, New York, 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
( l e a s i n g r e a l and pe r sona l p roper ty and equipment on
a n o n - o p e r a t i n g , f u l l payout b a s i s , and a c t
i n g as a g e n t , b roker and a d v i s e r with r e s p e c t
to l e a s e s ; f i n a n c i n g r e a l and pe r sona l prop-e r
t y and equipment such as would be done by a commercial f i n a n c
e company; and s e r v i c i n g such ex t ens ions of c r e d i t
) a t Execu t ive P o i n t , S u i t e 504, 101 Wymore Road,
Altamonte Sp r ings , F l o r i d a , through i t s s u b s i d i a
r y , Chemical Business C r e d i t Corp. ( 10 /5 /80 ) 3/
New York J . P . Morgan & Co. I n c o r p o r a t e d , New
York, New York, n o t i f i -c a t i o n of i n t e n t to engage
in jie novo a c t i v i t i e s ( t o inc lude making loans to p r
o j e c t s designed fo r communtiy w e l f a r e purposes; p r e v
i o u s l y approved a c t i v i t i e s which inc lude the f i n a
n c i n g of housing for low and moderate income persons
1/ A p p l i c a t i o n processed on behalf of the Board of
Governors under de lega ted a u t h o r i t y .
3 / 4 ( c ) ( 8 ) o r 4 ( c ) ( 1 2 ) n o t i f i c a t i o n
processed by Reserve Bank on behalf of t he Board of Governors
under de lega ted 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, 1980 No. 41 - 1 1 -
ACTIONS OF THE BOARD-Continued
w i l l cont inue to be engaged i n ; the s e r v i c e a r ea f
o r the e x i s t i n g and expanded a c t i v i t i e s con t
inues to inc lude t h e United S t a t e s , i t s t e r r i t o r
i e s , p o s s e s s i o n s and Puer to Rico) a t 23 Wall S t r e
e t , New York, New York, through i t s s u b s i d i a r y ,
Morgan Community Development Corpora t ion (10 /5 /80 ) 3/
New York Manufac turers Hanover Corpo ra t i on , New York, New
York, no-t i f i c a t i o n of i n t e n t to r e l o c a t e de
novo a c t i v i t i e s (mak-i n g , 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 t h e account of o t h e r s
mortgage loans and insu rance agency a c t i v i t i e s r e l a t
e d to such l o a n s ) from 1121 Super io r Boulevard, C leve land
, Ohio to S u i t e 180, One Independence P l a c e , 4807 Rockside
Road, Independence, Ohio, through i t s s u b s i d i a r y ,
Manufac turers Hanover Mortgage Corpora t ion (10 /6 /80 ) 3 /
Richmond Maryland Na t iona l Corpo ra t i on , Ba l t imore ,
Maryland, n o t i f i -c a t i on of i n t e n t to engage i n novo
a c t i v i t i e s (commercial lending o p e r a t i o n s i n c l
u d i n g , but not l i m i t e d t o , f i n a n c i n g of
accounts r e c e i v a b l e , i n v e n t o r i e s , and o ther
types of secured and unsecured loans to commercial e n t e r p r i
s e s ; s e r v i c i n g commercial loans fo r a f f i l i a t e d
or n o n a f f i l i a t e d i n d i v i d u a l s , p a r t n e r
s h i p s , c o r p o r a t i o n s o r o t h e r e n t i t i e s ;
and a c t i n g as advisor o r broker i n commercial l end ing t r
a n s a c t i o n s ) a t S u i t e 150, 11999 Katy Freeway,
Houston, Texas , th rough i t s s u b s i d i a r y , Maryland Na t
iona l I n d u s t r i a l Finance Corpora t ion (10 /9 /80 ) 3
/
Chicago M i l l i k i n Bancshares , I n c . , D e c a t u r , I
l l i n o i s , 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 (making or a c q u i r i n g FHA and
VA r e a l e s t a t e mortgage loans in I l l i n o i s and c o n
t i g -uous S t a t e s ) a t 357 N. Main S t r e e t , Deca tu r ,
I l l i n o i s , through a s u b s i d i a r y , M i l l i k i n
Real ty F inanc ing Corp. ( 1 0 / 9 / 8 0 ) 3 /
BankAmerlca C o r p o r a t i o n , San F r a n c i s c o , C a
l i f o r n i a , n o t i f 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 or a c q u i r i n g , f o r
i t s own account o r fo r the account of o t h e r s , loans o r o
t h e r ex tens ions of c r e d i t such as would be made or acqui
red by a mortgage banking company; s e r v i c i n g such loans and
o t h e r ex tens ions of c r e d i t f o r i t s e l f and o t h e
r s ; a c t i n g as inves tment o r f i n a n c i a l adv i se r
to the ex ten t of
37 4 ( c ) ( 8 ) o r 4 ( c ) ( 1 2 ) n o t i f i c a t i o n
processed by Reserve Bank on behalf of t h e Board of Governors
under de lega ted a u t h o r i t y .
San Francisco
1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H.2, 1980 No. 41 - 1 2 -
ACTIONS OF THE BOARD-Continued
p rov id ing p o r t f o l i o investment advice to o t h e r s
, wi th emphasis on r e a l p rope r ty investment and r e a l p
roper ty i n t e r e s t s ; and l e a s i n g r e a l p r o p e r
t y o r a c t i ng as agen t , b roker or a d v i s e r in the l e
a s i n g of such p rope r ty ) a t 555 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 ; 4700 South
Syracuse Parkway, Denver, Colordo; L inco ln Cen te r , 5401 West
Kennedy Boulevard, Tampa, F l o r i d a ; 57 Execut ive Park South
, A t l a n t a , Georgia; Xerox B u i l d i n g , 555 West Monroe
S t r e e t , Chicago, I l l i n o i s ; Teavey B u i l d i n g ,
730 Second Avenue South, Minneapol is , Minnesota; 9221 Ward
Parkway, Kansas C i t y , Missour i ; 500 West Wilson Bridge Road,
Columbus, Ohio; and Campbell Center I I , 8150 North C e n t r a l
Expressway, D a l l a s , Texas , through i t s wholly-owned s u b
s i d i a r y , BA Mortgage and I n t e r n a t i o n a l R e a l t
y Corpora t ion (10 /11 /80) 3 /
San S e c u r i t y P a c i f i c Corpo ra t i on , Los Angeles
, C a l i f o r n i a , n o t 1 -F r a n c i s c o f i c a t i o n
of i n t e n t to engage in de novo a c t i v i t i e s (mak-
ing or a c q u i r i n g , f o r i t s own account or f o r the
account of o t h e r s , loans and ex t ens ions of c r e d i t i
nc lud ing mak-ing consumer i n s t a l l m e n t persona l l o a n
s , purchas ing con-sumer 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 smal l bus inesses and o t
h e r ex tens ions of c r e d i t such as would be made by a f a c
t o r i n g company or by a consumer f i n a n c e company; and a c
t i n g as b roke r or agent f o r the s a l e of c r e d i t r e l
a t e d l i f e , a cc iden t and h e a l t h i n su rance and i n
s u r a n c e of the i n t e r e s t of a r e a l p rope r ty
mortgagee i n mortgaged p rope r ty o ther than t i t l e i n su
rance ) a t 2365 Harrodsburg Road, Lex ing ton , Kentucky, through
i t s i n d i r e c t 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. (10 /9 /80 ) 3 /
San Western Bancorpora t ion , Los Angeles , C a l i f o r n i a
, n o t i f i c a -F r a n c i s c o 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 ( t o engage
in o p e r a t i n g a mortgage banking company inc lud ing
making, a c q u i r i n g , s e l l i n g and s e r v i c i n g r e
a l e s t a t e c o n s t r u c t i o n loans on i t s own account
o r f o r the account of o t h e r s ; and a c t i n g as agent or
b roker with r e s p e c t to 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 mortgage d i s -a b i l
i t y and mortgage redemption i n su rance 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 o r the p r o v i s i o
n of o t h e r f i n a n c i a l s e r v i c e s ) a t One Al len C
e n t e r , S u i t e 1650, Houston, Texas, through i t s
wholly-owned s u b s i d i a r y , Western Bancorp Mort-gage
Company (10 /10 /80) 3 /
57 4 ( c ) ( 8 ) o r 4 ( c ) ( 1 2 ) n o t i f i c a t i o n
processed by Reserve Bank on behalf of t h e Board of Governors
under de lega ted a u t h o r i t y .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H.2, 1980 No. 41 13
APPLICATIONS RECEIVED
To E s t a b l i s h a Domestic Branch Pursuant to Sec t i on 9
of t he F e d e r a l Reserve Act
Cleveland The L i b e r t y S t a t e Bank, L i b e r t y C e n
t e r , Ohio. Branch to be e s t a b l i s h e d a t 1424 North Sco
t t S t r e e t , Napoleon, Henry County, Ohio . 2 /
Cleveland The Farmers C i t i z e n s Bank, Bucyrus , Ohio.
Branch to be e s t a b l i s h e d a t the southwest co rne r of
North Sandusky Avenue and West Mary S t r e e t , Bucyrus, Crawford
County, Ohio 2 /
San Union Bank, Los Angeles , C a l i f o r n i a . Branch to be
e s t ab -F r a n c i s c o l i s h e d a t 3255 W i l s h i r e
Boulevard , Los Angeles , C a l i -
f o r n i a . 2 /
* * * * *
To Become a Member of t h e F e d e r a l Reserve System
Pursuant t o S e c t i o n 9 of t h e F e d e r a l Reserve Act
Kansas C i ty C i t i z e n s Bank and T r u s t Company, E l l
s w o r t h , Kansas .
* * * * *
To E s t a b l i s h an Overseas Branch of a Member Bank
Pursuant t o S e c t i o n 25 of t h e F e d e r a l Reserve
Act
New York Republ ic N a t i o n a l Bank of 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 to
open an i n i t i a l branch i n Buenos A i r e s , A r g e n t i n
a .
A t l a n t a F lagsh ip Na t iona l Bank of Miami, Miami, F l o
r i d a : r e q u e s t s consent to e s t a b l i s h a l i m i t
e d o p e r a t i o n s branch in the Cayman I s l a n d s .
27 A p p l i c a t i o n s u b j e c t to Community Reinvestment
Act . The Community ~~~ Reinvestment O f f i c e r of the a p p l i
c a b l e Reserve Bank may be c o n t a c t e d
as to the l e n g t h of the comment p e r i o d .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H.2, 1980 No. 41 - 1 4 -
APPLICATIONS RECEIVED-Continued
To Form a Bank Holding Company Pursuant to Sec t ion 3 ( a ) ( 1
) of the Bank Holding Company Act of 1956
A t l a n t a B.P.C. Corpora t ion , Cookev i l l e , Tennessee
, f o r approval to a cqu 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 Bank of Putnam County, Cookev i l l e ,
Tennessee . 2/
A t l a n t a DeSota Banking Corpora t ion , Arcad ia , F l o r
i d a , for approval to a c q u i r e a t l e a s t 100 pe rcen t
of the vo t ing sha re s of The F i r s t S t a t e Bank of Arcad
ia , Arcad ia , F l o r i d a . 2 /
A t l a n t a Peoples Equi ty S h a r e s , I n c . , C a r r o
l l t o n , Georg ia , f o r ap-prova l to acqu i re a t l e a s t
90 percent of t h e v o t i n g s h a r e s of The Peoples Bank, C
a r r o l l t o n , Georg ia . 2/
Chicago CAARGO F i n a n c i a l Corpora t ion , B e n t o n v i
l l e , I n d i a n a , fo r ap-prova l to a c q u i r e 51 .6 pe r
cen t of the vo t ing s h a r e s of B e n t o n v i l l e S t a t
e Bank, B e n t o n v i l l e , I n d i a n a . 2/
Chicago Rockford Bancorp I n c . , Rockford , I l l i n o i s ,
f o r approval to a c q u i r e 97 .7 percent of t h e v o t i n g
s h a r e s of The I l l i n o i s Na t iona l Bank & T r u s t
Co. of Rockford , Rockford , I l l i n o i s . 2/
Chicago S & H HOLDINGS, INC., I r o q u o i s , I l l i n o
i s , f o r approval to acqu i re a t l e a s t 94.5 percent of t h
e v o t i n g s h a r e s of I r o q u o i s Farmers S t a t e
Bank, I r o q u o i s , I l l i n o i s . 2 /
Minneapol is M e t r o p o l i t a n Bancorpora t ion , I n c .
, Minneapol is , Minnesota , f o r approval to a c q u i r e 95 pe
r cen t of the vo t i ng s h a r e s of Me t ropo l i t an S t a t
e Bank, Minneapol i s , Minnesota . 2J
Kansas Ci ty Derby Bancshares , I n c . , Derby, Kansas, f o r
approval to acqui re a t l e a s t 96 percent of t h e v o t i n g
s h a r e s of F i r s t Nat iona l Bank of Derby, Derby, Kansas .
2 /
Kansas Ci ty F i r s t Oklahoma Nat iona l C o r p o r a t i o n
, S t i g l e r , Oklahoma, f o r approval to a c q u i r e a t l e
a s t 80 pe r cen t of the vo t ing s h a r e s of The F i r s t Na
t iona l Bank, S t i g l e r , Oklahoma. 2 /
Kansas Ci ty Oakdale Bancshares , I n c . , Oakdale , Nebraska,
f o r approval to acqu i r e a t l e a s t 99 .5 percent of t h e v
o t i n g s h a r e s of The F i r s t S t a t e Bank, Oakdale ,
Nebraska . 2 /
2 / A p p l i c a t i o n s u b j e c t Reinvetment O f f i c e
r as to the l e n g t h of
to Community Reinvestment of the a p p l i c a b l e Reserve the
comment p e r i o d .
Ac t . The Community Bank may be con tac t ed
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H .2 , 1980 No. 41 15
APPLICATIONS RECEIVED-Contlnued
Kansas Ci ty Western Bancorp, I n c . , Garden C i t y , Kansas,
f o r approval to acqu i re a t l e a s t 82.4 percent of t h e v o
t i n g s h a r e s of The Western S t a t e Bank, Garden C i t y ,
Kansas . 2 /
Da l l a s Eas t Texas C o r p o r a t i o n , I n c . , P a l e
s t i n e , Texas , fo r ap-prova l t o a c q u i r e a t l e a s t
80 p e r c e n t of the v o t i n g s h a r e s of The Eas t Texas
Na t iona l Bank of P a l e s t i n e , P a l e s t i n e , Texas .
2 /
Da l l a s H a r r i s County Bankshares , I n c . , Houston,
Texas , fo r ap-prova l to a c q u i r e a t l e a s t 80 p e r c e
n t of the vo t ing s h a r e s of Bank of H a r r i s County, Na t
iona l A s s o c i a t i o n , (P.O. Houston) A l d i n e , Texas .
2/
Dal l a s Zavala Bankshares , I n c o r p o r a t e d , C r y s
t a l C i t y , Texas , f o r approval to a c q u i r e 97.25 pe r
cen t of the v o t i n g s h a r e s of Zavala County Bank, C r y s
t a l C i t y , Texas . 2/
San E n t e r p r i s e Bancorp, Oakland, C a l i f o r n i a ,
f o r approval to F r a n c i s c o acqu i re a t l e a s t 100
percent of t h e v o t i n g s h a r e s of
F i r s t E n t e r p r i s e Bank, Oakland, C a l i f o r n i a
. 2 /
* * * * *
Boston
To Expand a Bank Holding Company Pursuant to Sec t ion 3 ( a ) (
3 ) of the Bank Holding Company Act of 1956
F i r s t Na t iona l Boston Corpora t ion , Boston, Massachuse
t t s , f o r approva l to acqu i r e 100 percen t of t h e v o t i
n g s h a r e s of The H a v e r h i l l Na t iona l Bank, H a v e
r h i l l , Massachuse t t s . 21
Cleveland Winters Na t iona l Corpo ra t i on , Dayton, Ohio, f
o r approval to a cqu i r e 100 percent of t h e v o t i n g s h a
r e s of The F i r s t Na t iona l Bank of C i r c l e v i l l e ,
C i r c l e v i l l e , Ohio . 2/
Chicago Manufac ture rs Na t iona l C o r p o r a t i o n , D e
t r o i t , Michigan, f o r approval to a c q u i r e 100 pe rcen t
of the v o t i n g s h a r e s of Bank of Lans ing , Lansing,
Michigan
27 A p p l i c a t i o n s u b j e c t to Community Reinvestment
Ac t . The Community Reinvestment O f f i c e r of the a p p l i c
a b l e Reserve Bank may be con t ac t ed as to the l e n g t h of
the comment p e r i o d .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
H.2, 1980 No. 41 1 6
APPLICATIONS RECEIVED-Continued
Kansas Ci ty Wood & Huston Bancorpora t ion , I n c . , Mar
sha l l , Mis sour i , fo r approva l to acqu i re a t l e a s t
100 percent of the vo t ing s h a r e s of South Eas t Missour i
Bank, Cape Gi ra rdeau , M i s s o u r i , a proposed new bank. 2
/
Kansas C i ty Arcadia Agency Company, Arcad i a , Nebraska, f o
r approval to a c q u i r e 24 .9 percent of t h e v o t i n g s h
a r e s of Emerson F i r s t Na t iona l Company, Emerson, Nebraska
, and i n d i r e c t l y a c q u i r e 95 percent of t h e v o t i
n g s h a r e s of The F i r s t Na t iona l Bank of Emerson,
Emerson, Nebraska . 2 /
Kansas C i ty Decatur Agency Company, Deca tu r , Nebraska, fo r
approval t o a c q u i r e 24 .9 pe rcen t of the v o t i n g s h a
r e s of Emerson F i r s t Na t iona l Company, Emerson, Nebraska
and i n d i r e c t l y a c q u i r e 95 p e r c e n t of the vo t
i ng s h a r e s of The F i r s t Na t iona l Bank of Emerson,
Emerson, Nebraska. 2J
Kansas Ci ty Tekamah Agency Company, Tekamah, Nebraska , f o r
approval to a c q u i r e 2 4 . 9 percent of t h e v o t i n g s h
a r e s of Emerson F i r s t Na t iona l Company, Emerson, Nebraska
, and i n d i r e c t l y a c q u i r e 95 percen t of t h e v o t
i n g s h a r e s of The F i r s t Na t iona l Bank of Emerson,
Emerson, Nebraska . 2 /
* * * * *
To Expand a Bank Holding Company Pursuant to Sec t ion 4 ( c ) (
8 ) of t he Bank Holding Company Act of 1956
A t l a n t a Peoples Equi ty Sha res , I n c . , C a r r o l l
t o n , Georg ia , f o r ap-prova l to a c q u i r e Peoples Equi
ty Leasing Company, I n c . , C a r r o l l t o n , Georg i a .
Chicago Nebo C o r p o r a t i o n , P i s g a h , Iowa, for
approval to con t i nue to engage d i r e c t l y a s agent in the
s a l e of gene ra l i n s u r -ance in a town wi th l e s s than
5,000 p o p u l a t i o n .
Minneapol is Er ickson Investment Company, Edgemont, South
Dakota, f o r approva l to engage i n g e n e r a l i n su rance a
c t i v i t i e s i n the towns of Edgemont and B u f f a l o Gap,
South Dakota both of which have l e s s than 5,000 p o p u l a t i
o n .
27 A p p l i c a t i o n s u b j e c t to Community Reinvestment
A c t . The Community ~ Reinvestment O f f i c e r of the a p p l i
c a b l e Reserve Bank may be con tac t ed
as to the l e n g t h of the comment p e r i o d .
1 Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis
-
11.Z, 1980 No. 41 - 1 7 -
APPLICATIONS RECEIVED-Contlnued
Kansas Ci ty C.S.B. Co. , Cozad, Nebraska, 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 ( t o
engage in a l l types of i n su rance i n c l u d i n g , but not l
i m i t e d t o : l i f e , a u t o , f i r e , marine and a l l i
e d l i n e s , h a i l i n s u r a n c e , f i d e l i t y bonds,
h e a l t h and a c c i d e n t i n s u r a n c e , e t c . ) a t
920 Mer id i an , Cozad, Nebraska, through i t s s u b s i d i a r
y , C.S.B. I n su rance Agency (10 /8 /80 ) 3 /
Kansas Ci ty Farmers E n t e r p r i s e s , I n c . , A l b e r
t , Kansas , n o t i f i c a t i o n of i n t e n t to engage in de
novo a c t i v i t i e s ( t o engage in p e r s o n a l and r e a
l p rope r ty l e a s i n g a c t i v i t i e s ) a t an o f f i c
e in A l b e r t , Kansas (10 /7 /80 ) 3 /
Kansas C i ty P l a t t e Va l l ey Bancorp, I n c . , B r igh
ton , Colorado, f o r per -mi s s ion to engage in the b u s i n e
s s of i n d u s t r i a l banking and a c t i n g as an in su
rance agent through the a c q u i s i t i o n of 100 pe rcen t of
the v o t i n g sha re s of Val ley Bancorp, I n c . , Steamboat Sp
r ings , Colorado and i t s whol ly owned s u b s i d i a r y ,
Yampa Val ley I n d u s t r i a l Bank, Steamboat Spr ings ,
Colorado .
C i t i z e n s Bancshares , Ogden, Utah , f o r approval to a c
q u i r e t h e o p e r a t i n g a s s e t s and t h e C e r t i f
i c a t e of A u t h o r i t y of Bonnev i l l e T h r i f t &
Loan, B o u n t i f u l , Utah, through a new s u b s i d i a r y
to be known a s Cha r t e r T h r i f t & Loan.
I m p e r i a l 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 to engage i n de novo a c t i v i
t i e s ( t o engage in the b u s i n e s s of a c t i n g as an
accommodation p a r t y f o r s e l l e r s of r e a l e s t a t e
who wish to e f f e c t delayed exchanges of t h e i r r e a l e s
t a t e ) a t 9920 South La Cienega Boulevard , Inglewood, C a l i
f o r n i a , through i t s s u b s i d i a r y , Imper i a l
Exchange S e r v i c e s , I n c . ( 1 0 / 8 / 8 0 ) 37
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 t o F r a n c i s c o engage i n de novo a c t i
v i t i e s ( t o engage in the underwr i t ing
of c r e d i t l i f e , c r e d i t acc iden t and c r e d i t
h e a l t h i n s u r -ance a c t i v i t i e s ) a t 1421 E a s t
Thomas Road, Phoenix , A r i z o n a , through i t s s u b s i d i
a r y , Mt. Hood L i f e I n su rance , I n c . ( 10 /10 /80 ) 3
/
San F ranc i s co
San Francisco
3 / 4 ( c ) ( 8 ) o r 4 ( c ) ( 1 2 ) n o t i f i c a t i o n
processed by Reserve Bank on behalf of t h e Board of Governors
under de lega ted 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, 1980 No. 41 - 1 8 -
APPLICATIONS RECEIVED-Continued
None.
REPORTS RECEIVED
* * * * *
PETITIONS FOR RULEMAKING
None.
I Digitized for FRASER http://fraser.stlouisfed.org/ Federal
Reserve Bank of St. Louis