h2_19821106.pdf

APPLICABLE RESERVE BANK

Dal l a s

Kansas Ci ty

Cleveland

Kansas Ci ty

Chicago

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2, 1982 No. 45)

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

Received During t h e Week Ending November 6 , 1982

ACTIONS OF THE BOARD

Regula t ion D amendment, Phase- in Reserve Requirements f o r Former Member Banks.

Federal Reserve f l o a t , r educ t ion and p r i c i n g ; t h e Board asked f o r comment by December 15, 1982. (Docket No. R-0433)

The Board announced t h a t i t has imposed a c i v i l money pena l ty a g a i n s t the National Bank of Washington, Washington, D.C. , f o r two v i o l a t i o n s by t h e National Bank of Washington of the p r o h i b i t i o n a g a i n s t t he payment of i n t e r e s t on demand d e p o s i t s .

Carthage Bancshares , I n c . , Car thage , Texas, ex tens ion of t ime t o January 5, 1983, wi th in which t o a c q u i r e F i r s t National Bank of B e c k v i l i e , B e c k v i l l e , Texas. J /

Colorado National Bankshares , I n c . , Denver, Colorado, ex -t e n s i o n of t ime t o March 16, 1983, wi th in which t o a c q u i r e Colorado National Bank - Southwest , J e f f e r s o n County, Colorado. J /

F i r s t Bancorpora t ion of Ohio, Akron, Ohio, ex tens ion of t ime t o March 8 , 1982, wi th in which t o a c q u i r e The Twinsburg Banking Company, Twinsburg, Ohio. J J

F i r s tbank Holding Company, Lakewood, Colorado, ex tens ion of t ime t o January 10, 1983, wi th in which t o a cqu i r e F i r s tbank a t Havana/11 i f f , N.A., Aurora; F i r s tbank a t Hampden/Yosmite, N.A., Denver; and F i r s tbank a t K ip l ing / Jewel 1, N.A., Lakewood, Colorado, J /

I l l i n i Community Bancgroup, I n c . , S p r i n g f i e l d , I l l i n o i s , ex t ens ion of t ime t o January 12, 1983, wi th in which t o become a bank holding company through t h e a c q u i s i t i o n of 100 pe rcen t of t h e vo t ing sha res of t h e successor by merger t o American S t a t e Bank of S p r i n g f i e l d , S p r i n g f i e l d , I l l i n o i s . V

]_/ A p p l i c a t i o n processed 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, 1982 No. 45 - 2 - w

ACTIONS OF THE BOARD-Continued

S t . Louis

A t l an ta

Dal l a s

Dal l a s

Kansas Ci ty

Chicago

San F ranc i sco

A t l a n t a

Dal las

Kentucky Southern Bancorp, I n c . , Bowling Green, Kentucky, ex tens ion of t ime t o February 2 , 1983, wi th in which t o become a bank holding company through the a c q u i s i t i o n of t h e successor by merger t o The C i t i z e n s National Bank of Bowling Green, Bowling Green, Kentucky. ]_/

LaPlace Bancshares , I n c . , LaPlace , Lou i s i ana , ex tens ion of t ime t o December 1 , 1982, v r t h i n which to become a bank holding company through t h e a c q u i s i t i o n of Bank of LaPlace of S t . John t h e B a p t i s t P a r i s h , LaPlace, Lou i s i ana . ]_/

Nacogdoches Commercial Bancshares , I n c . , Nacogdoches, Texas, ex tens ion of t ime t o January 16, 1983, wi th in which t o a cqu i r e Commercial National Bank of Nacogdoches, Nacogdoches, Texas. J /

National Bancshares Corpora t ion of Texas, San Antonio, Texas, ex tens ion of t ime t o March 3 , 1983, wi th in which t o a c q u i r e National Bank of Commerce-Wurzback, San Antonio, Texas. J /

Perry Bancshares , I n c . , P e r r y , Oklahoma, ex tens ion of t ime t o January 27, 1982, wi th in which t o a c q u i r e Exchange Bank & Trus t Company, P e r r y , Oklahoma. ]_/

Purdue National Corpora t ion , L a f a y e t t e , Ind iana , e x t e n -s ion of t ime t o February 12, 1983, wi th in which to become a bank holding company through t h e a c q u i s i t i o n of 100 pe rcen t of t h e vot ing s h a r e s of t he successor by merger t o Purdue National Bank of L a f a y e t t e , L a f a y e t t e , Ind iana . V

SDN Bancorp, E n c i n i t a s , C a l i f o r n i a , ex tens ion of t ime t o February 25, 1983, w i th in which t o become a bank ho ld-ing company by a c q u i r i n g 100 pe rcen t of the vot ing sha re s of San Diegui to Bank, E n c i n i t a s , C a l i f o r n i a . V

Sun Banks of F l o r i d a , I n c . , Orlando, F l o r i d a , ex tens ion of t ime t o December 31, 1982, wi th in which t o a cqu i r e Sun Bank/Indian R i v e r , N.A., Vero Beach, F l o r i d a . ]_/

USBancshares, I n c . , Denton, Texas, ex tens ion of t ime t o February 14, 1983, w i th in which t o a cqu i r e USBank, Denton, Texas. 1/

1/ App l i ca t i on processed on behalf of t h e Board of Governors under de l ega t ed a u t h o r i t y .

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

H.2, 1982 No. 45 3 -


Boston

S t . Louis

Vermont F inanc ia l Se rv i ce s Corp . , B r a t t l e b o r o , Vermont, ex t ens ion of t ime t o December 8 , 1982, wi th in which t o become a bank hold ing company through the a c q u i s i t i o n of Vermont National Bank, B r a t t l e b o r o , Vermont. J /

Engl i sh S t a t e Bank, E n g l i s h , Ind i ana , an a d d i t i o n a l inves tment in bank p remises . 1/

A t l a n t a

A t l an t a

F i r s t C i ty Bank of G a i n e s v i l l e , G a i n e s v i l l e , F l o r i d a , ex t ens ion of t ime t o March 1 , 1983, wi th in which t o open i t s Mi 11 hopper o f f i c e . V

Royal Trus t Bank of Tampa, Tampa, F l o r i d a , ex tens ion of t ime t o Apri l 29, 1983, w i th in which t o open i t s Count rys ide o f f i c e . 1/

P h i l a d e l p h i a Bank of Delaware, Wilmington, Delaware, proposal t o merge with Delaware In te r im Bank, Wilmington, Delaware, under t h e c h a r t e r and t i t l e of Bank of Delaware; r e p o r t t o the Federal Deposit Insurance Corporat ion on c o m p e t i t i v e f a c t o r s . ]_/

New York Dol la r Savings Bank of New York, New York, New York, proposal t o merge with Dry Dock Savings Bank, New York, New York; r e p o r t t o t h e Federal Deposit Insurance Corpora t ion on compe t i t i ve f a c t o r s . V

Dal las F i r s t S t a t e Bank, Timpson, Texas, proposal t o merge with New Timpson Bank, Timpson, Texas; r e p o r t to the Federal Deposit Insurance Corpora t ion on compe t i t i ve f a c t o r s . J /

Boston Melrose Savings Bank, Melrose , Massachuse t t s , proposal t o merge with Reading Savings Bank, Reading, Massachuse t t s ; r e p o r t t o t he Federal Deposit Insurance Corpora t ion on c o m p e t i t i v e f a c t o r s . 1/

Richmond

New York

National Bank of F r e d e r i c k s b u r g , F r e d e r i c k s b u r g , V i r g i n i a , proposed merger with F i r s t Nat ional Bank of F r e d e r i c k s -bu rg , V i r g i n i a , a proposed new bank; r e p o r t t o t he Comptrol le r of t h e Currency on compe t i t i ve f a c t o r s . ]_/

National S t a t e Bank, E l i z a b e t h , New J e r s e y , proposal t o purchase and assume t h e l i a b i l i t i e s of The Essex Bank, West Orange, New J e r s e y ; r e p o r t t o t he Comptrol ler of t h e Currency on compe t i t i ve f a c t o r s . J /

TJ A p p l i c a t i o n processed on behalf of the Board of Governors under de l ega t ed a u t h o r i t y .

I


H.2, 1982 No. 4S

New York

S t . Louis

Chicago

New York

S t . Louis

San Francisco

Chicago

- 4 -


North American Bank & Trus t Company, S t r a t f o r d , Connec t i cu t , proposal t o purchase c e r t a i n a s s e t s and assume c e r t a i n l i a b i l i t i e s of two branches of t h e Connect icut National Bank, B r i d g e p o r t , Connec t i cu t ; r e p o r t t o t h e Federal Deposi t Insurance Corpora t ion on compe t i t i ve f a c t o r s . J /

Old Nat ional Bank in E v a n s v i l l e , E v a n s v i l l e , I nd i ana , proposal t o merge wi th Vanderburgh County National Bank, E v a n s v i l l e , I nd i ana ; r e p o r t t o t h e Comptrol ler of t h e Currency on compe t i t i ve f a c t o r s . J J

R i v e r d a l e Bank, R i v e r d a l e , I l l i n o i s , proposal t o merge wi th Bank of R i v e r d a l e , R i v e r d a l e , I l l i n o i s , under the c h a r t e r of Bank of R i v e r d a l e , I l l i n o i s , and t i t l e of R i v e r d a l e Bank; r e p o r t t o t h e Federal 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 . J_/

South Norwalk Savings Bank, Norwalk, Connec t i cu t , p ro-posal t o purchase t h e a s s e t s and assume t h e l i a b i l i t i e s of t:n b ranches of t h e Connect icu t Bank and Trus t Company, H a r t f o r d , and t h r e e branches of t h e S t a t e Nat ional Bank of Connec t i cu t , B r i d g e p o r t ; r e p o r t t o t h e Federal Deposi t Insurance Corpora t ion on c o m p e t i t i v e f a c t o r s . ] /

Spr ings Valley Bank and Trus t Company, French Lick , I n d i a n a , proposed merger wi th French Lick Se rv ice Bank, French L ick , Ind i ana ; r e p o r t t o t h e Federal Deposit Insurance Corpora t ion on compe t i t i ve f a c t o r s . ]_/

S .T . & S. Bank, S e a t t l e , Washington, proposed merger with S e a t t l e T rus t and Savings Bank, S e a t t l e , Washington, under t h e c h a r t e r and t i t l e of t h e l a t t e r ; r e p o r t t o t h e Federal Deposi 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

West Bank and T r u s t , Green Bay, Wisconsin, proposal t o c o n s o l i d a t e wi th United Bank of Green Bay, Green Bay, Wisconsin , under t h e c h a r t e r and t i t l e of West Bank and T r u s t ; r e p o r t t o t h e Federal Deposit Insurance Corpora t ion on compe t i t i ve f a c t o r s . J_/

V A p p l i c a t i o n processed on behal f of the Board of Governors under de l ega t ed a u t h o r i t y .


H.2, 1982 No. 45 5

A t l an t a

Richmond

Chicago

Chicago


To E s t a b l i s h a Domestic Branch Pursuant to Sect ion 9 of t h e Federal Reserve Act

Approved Sunset Commercial Bank, Miami, F l o r i d a . To e s t a b l i s h

a branch a t 1792 N.W. 20th S t r e e t , Miami, F l o r i d a . J /

Bank of t h e James, Manakin-Sabot, V i r g i n i a . To e s t a b -l i s h a branch on t h e S t a t e Route 6 , Goochland Court -house , Goochland, V i r g i n i a . J /

Michigan Bank - Por t Huron, Port Huron, Michigan. 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 fo l lowing l o c a t i o n s :

1661 21 Mile Road, Macomb Township, Michigan ]_/ 21 E. Long Lake Road, Bloomfield H i l l s , Michigan ]_/ 601 S. Main S t r e e t , Ann Arbor, Michigan J_/ 2789 Plymouth Road, Ann Arbor, Michigan J J 1101 S. U n i v e r s i t y , Ann Arbor, Michigan. V

Farmers S t a t e Bank of Alpha, Alpha, I l l i n o i s . To e s t a b -l i s h a branch f a c i l i t y a t t he i n t e r s e c t i o n of I l l i n o i s R t . 17 and 5th S t r e e t in New Windsor, I l l i n o i s . J J

Engl i sh S t a t e Bank, E n g l i s h , I n d i a n a . To e s t a b l i s h a branch a t t h e nor thwest corner of Highway 64 and Valeen Road, Marengo, Crawford County, Ind iana . J /

I ssued I n t e n t Not t o Disapprove Change of Control Pursuant t o Change in Bank Control Act of 1956

Not Disapproved Kansas Ci ty TIC, I n c . , Kansas C i t y , Kansas'. V

T7 A p p l i c a t i o n processed on behal f of the Board of Governors under de l ega ted a u t h o r i t y .


H.2, 1982 No. 45 6 -


App l i ca t i ons 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 Actions Pursuant t o Sec t ions 25 and

25(a) of t he Federal 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

San Franc i sco

New York

New York

Approved BankAmerica I n t e r n a t i o n a l , San F ranc i s co , C a l i f o r n i a :

t o amend i t s A r t i c l e s of Assoc ia t ion t o d e l e t e t he requirement t h a t a l l of i t s d i r e c t o r s be United S t a t e s c i t i z e n s . (11 /5 /82) ]_/

Moot Commonwealth Trading Bank of A u s t r a l i a , Sydney, A u s t r a l i a :

t o expand i t s bankers ' acceptance a u t h o r i t y from 50 per -cent of Bank's pa id-up unimpaired primary c a p i t a l t o 100 pe rcen t of c a p i t a l .

S ix ty Day N o t i f i c a t i o n Period Allowed t o Expire C i t i c o r p , New York, New York: no o b j e c t i o n t o make an

a d d i t i o n a l investment in i t s wholly owned funding sub-s i d i a r y , C i t i c o r p Overseas Finance Corpora t ion , N.V., O r a n j e s t a d , Aruba, Nether lands A n t i l l e s .

P h i l a d e l p h i a P h i l a d e l p h i a National Bank, P h i l a d e l p h i a , Pennsylvania : no o b j e c t i o n t o e s t a b l i s h an o f f s h o r e banking u n i t in Makati , Metro Manila , P h i l i p p i n e s .

* * * * *

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

Withdrawn Cleveland Buckeye A s s o c i a t e s , L t d . , F o s t o r i a , Ohio, f o r approval t o

a c q u i r e a t l e a s t 50 pe rcen t of t h e vot ing shares of Union Commerce Corpora t ion , Cleve land , Ohio and i n -d i r e c t l y Southern Ohio Bank, C i n c i n n a t i , Ohio, Union Commerce Bank, Cleveland , Ohio, F i r s t National Bank of N e l s o n v i l l e , Cleve land , Ohio and Port Cl in ton National Bank, Port C l i n t o n , Ohio.


H.2, 1982 No. 45 7 -


Approved Ph i l ade lph i a Hanover Bancorp, I n c . , Hanover, Pennsylvania , f o r ap-

proval to acqu i r e 100 percen t of the vot ing shares of Bank of Hanover and Trust Company, Hanover, Penn-s y l v a n i a . J_/

Richmond F i r s t C i t i z e n s Corpora t ion , Ra le igh , North C a r o l i n a , f o r approval t o acqu i r e 100 percen t of t he vot ing shares of t h e successor by merger t o F i r s t - C i t i z e n s Bank & Trus t Company, Ra le igh , North C a r o l i n a . ]_/

Richmond F l a t Top Bankshares, I n c . , B l u e f i e l d , West V i r g i n i a , f o r approval t o a cqu i r e 100 percen t of t h e vot ing shares of the successor by merger t o The F l a t Top National Bank of B l u e f i e l d , B l u e f i e l d , West V i r g i n i a . J_/

A t l an t a B0C Bancorp, I n c . , Woodbury, Tennessee, f o r approval t o a c q u i r e 100 percen t of t h e vo t ing shares of Bank of Commerce, Woodbury, Tennessee. ]_/

At lan ta F i r s t National Bank Holding Corpo ra t i on , Pensaco la , F l o r i d a , f o r approval t o acqu i r e a t l e a s t 80 p e r -cent of t h e vot ing sha res of F i r s t National Bank of Escambia County, Pensaco la , F l o r i d a . J_/

A t l an ta F i r s t United Bancshares , I n c . , Montezuma, Georgia , f o r approval t o a c q u i r e 100 pe rcen t of the vot ing shares of F i r s t United Bank, Montezuma, Georgia . V

A t l an t a Perry County Holding Company, Linden, Tennessee, f o r approval t o a cqu i r e a t l e a s t 80 percent of t h e vot ing sha res of F i r s t S t a t e Bank, Linden, Tennessee. ]_/

A t l an ta S t a t e Bancshares , I n c . , E n t e r p r i s e , Alabama, f o r approval t o a cqu i r e a t l e a s t 85 pe rcen t of the vot ing shares of Cof fee County Bank, E n t e r p r i s e , Alabama. J /

Chicago HUNTLEY BANCSHARES, INC., Hunt ley , I l l i n o i s , f o r approval t o a c q u i r e a t l e a s t 80 percen t of t h e vot ing shares of S t a t e Bank of Hunt ley , Hunt ley , I l l i n o i s . 1/

Chicago Maynard Savings Banshares , Maynard, Iowa, f o r approval t o a c q u i r e a t l e a s t 83.6 pe rcen t of t he vot ing sha res of The Maynard Savings Bank, Maynard, Iowa. 1/

T7 App l i ca t i on processed 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, 1982 No. 45 8 -


S t . Louis

S t . Louis

S t . Louis

Minneapolis

I n v e s t o r s S e r v i c e s , I n c . , For t Knox M i l i t a r y R e s e r v a t i o n , Kentucky, f o r approval t o a c q u i r e 100 percen t of the vot ing sha res of t h e successo r by merger t o For t Knox National Bank, For t Knox M i l i t a r y Rese rva t i on , Kentucky. 1/

Ne'son Bancorp, I n c . , Chap l in , Kentucky, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of t h e vot ing shares of Peoples S t a t e Bank, Chap l in , Kentucky. V

Pope County Bankshares , I n c . , R u s s e l 1 v i l i e , Arkansas , f o r approval t o a c q u i r e a t l e a s t 80. pe rcen t of t h e vo t ing sha re s of Peoples Bank & Trus t Company, R u s s e l l v i l l e , Arkansas . ]_/

Bryant Bancshares , I n c . , Bryant , South Dakota, f o r ap-proval t o a c q u i r e 100 pe rcen t of the vot ing shares of Bryant S t a t e Bank, Bryant , South D a k o t a . ! /

Minneapol is Hazel ton Bancshares , I n c . , Hazel t o n , North Dakota, f o r approval t o a c q u i r e a t l e a s t 94 pe rcen t of t h e vo t ing s h a r e s of Bank of Haze l ton , Hazel t o n , North Dakota. V

Minneapolis Hub F inanc ia l Corpo ra t i on , Helena, Montana, f o r approval t o a c q u i r e 80 pe rcen t of the vot ing sha res of Valley Bank of Helena, Helena, Montana. ]_/

Kansas Ci ty Commercial Bank s t o c k , I n c . , Oklahoma C i t y , Oklahoma, f o r approval t o a c q u i r e 87.14 pe rcen t of t h e vot ing sha res of Commercial Bank, N.A. , Oklahoma C i t y , Oklahoma. J_/

Kansas Ci ty Cook Inves tment , I n c . , B e a t r i c e , Nebraska, f o r approval t o a c q u i r e 80.7 pe rcen t of t h e vot ing sha res of B e a t r i c e National Corpora t ion and i n d i r e c t l y a c q u i r e The B e a t r i c e National Bank and Trus t Company, B e a t r i c e , Nebraska. J_/

Kansas Ci ty F i r s t S t a t e Bancorp, I n c . , P i t t s b u r g , Kansas, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of t h e vot ing sha res of F i r s t S t a t e Bank and Trus t Company, P i t t s b u r g , Kansas. .1/

Kansas C i ty H & H Bancshares , I n c . , White C i t y , Kansas, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of t h e vot ing sha res of F i r s t National Bank of White C i t y , White C i t y , Kansas. 1/

T T A p p l i c a t i o n processed on behal f of the Board of Governors under de l ega t ed 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. 45 - 9 -

Odl las

Dal l a s

Dal las


Community Bancorporation, I n c . , B e l l v i l l e , Texas, for approval to acquire 100 percent of the voting shares of F i r s t National Bank of B e l l v i l l e , Be11vi1 le , Texas, j /

Timpson Financial Corporation, Timpson, Texas, for approval t o acquire at l e a s t 80 percent of the voting shares of F i r s t State Bank, Timpson, Texas. J /

Tr in i ty Bancshares, I n c . , Da l la s , Texas, for approval to acquire at l e a s t 80 percent of the voting shares of Tr in i ty National Bank of Dal las , D a l l a s , Texas. V

San Crown Bancorp, Coronado, C a l i f o r n i a , f o r approval to Francisco acquire 100 percent of the voting shares of Bank

of Coronado, Coronado, Ca l i forn ia . ]_/

San Frontier Bancorp, Vis ta , C a l i f o r n i a , for approval to Francisco acquire 100 percent of the voting shares of Frontier

National Bank, Vis ta , C a l i f o r n i a , a proposed new bank. J /

San Northern Sierra Financial Corporation, Yreka, C a l i f o r n i a , Francisco for approval to acquire at l e a s t 80 percent of the

voting shares of Scott Valley Bank, Yreka, Ca l i forn ia . 1/

San PNB Financial Group, Newport Beach, C a l i f o r n i a , for ap-Franc:sco proval t o acquire 100 percent of the voting shares of

the successor by merger to P a c i f i c National Bank, Newport Beach, C a l i f o r n i a . J /

San San Clemente Bancorp, San Clemente, C a l i f o r n i a , for ap-Francisco proval to acquire 100 percent of the voting shares of

Bank of San Clemente, San Clemente, Ca l i forn ia . JJ

San SDNB Financial Corp., San Diego, C a l i f o r n i a , for approval Francisco to acquire 100 percent of the voting shares of the

successor by merger t o San Diego National Bank, San Diego, C a l i f o r n i a . 1 /

T7 Appl icat ion processed on behalf of the Board of Governors under delegated author i ty .

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

H.2, 1982 No. 45 10 -

ACTIONS OF Th£ BOARP-Continued

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

Approved New York The Summit Bancorpora t ion , Summt, New J e r s e y , f o r approval

to a c q u i r e 100 pe rcen t of the vot ing shares of the successor by merger t o Ocean County National Bank, Point P l e a s a n t , New J e r s e y . ]_/

At lan ta A t l a n t i c Bancorpora t ion , J a c k s o n v i l l e , F l o r i d a , f o r ap-proval t o acqu i re 100 pe rcen t of t he vot ing shares of A t l a n t i c National Bank of F lo r i da a t Orange Park, Orange Park , F l o r i d a , a proposed new bank. ]_/

A t l an ta F lagsh ip Banks, I n c . , Miami, F l o r i d a , f o r approval t o a c q u i r e 100 pe rcen t of the vo t ing sha res of F lagsh ip National Bank of C i t r u s County, Crys ta l R ive r , F l o r i d a , a proposed new bank. J /

A t l an ta Sa f raCorp , Miami, F l o r i d a , f o r approval t o a c q u i r e 100 pe rcen t of t h e vot ing sha res of S a f r a Bank I I , N.A., Pompano Beach, F l o r i d a , a proposed new bank. V

Chicago Hawkeye Bancorpora t ion , Des Moines, Iowa, f o r approval t o a c q u i r e 100 percen t of t h e vot ing sha res of F i r s t National Bank in Lenox, Lenox, Iowa. j_/

Kansas Ci ty F i r s t Pioneer Bank Corp . , Brush, Colorado, f o r approval t o acqu i r e a t l e a s t 80 pe rcen t of t h e vot ing sha res of The C i t i z e n s National Bank of Akron, Akron, Colorado and The F i r s t National Bank of Wray, Wray, Colorado. i /

Da l las F i r s t Amari l lo Bancorpora t ion , I n c . , Amar i l lo , Texas, f o r approval t o a c q u i r e 100 pe rcen t of t he vot ing sha res of F i r s t Bank of Amar i l lo , Amar i l lo , Texas, a proposed new bank. V

Da l l a s F i r s t City Bancorporat ion of Texas, I n c . , Houston, Texas, f o r approval t o a c q u i r e 100 pe rcen t of the vot ing sha res of Chisholm F inanc ia l S e r v i c e s , I n c . , Richardson, Texas and i n d i r e c t l y a c q u i r e 100 percent of C i t i z e n s Bank, Richardson , Texas.

J / App l i ca t i on processed on behal f of t he Board of Governors under de lega ted a u t h o r i t y .

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

H.2, 1982 No. 45 - 11 -


Dal las F i r s t City Bancorporat ion of Texas, I n c . , Houston, Texas, f o r approval t o a cqu i r e 100 percent of the vot ing sha res of Chisholm Financia l S e r v i c e s , I n c . , Richardson, Texas and i n d i r e c t l y a c q u i r e 82 percen t of t h e vot ing sha re s of Chisholm National Bank, Piano, Texas.

Dal las F i r s t City Bancorporat ion of Texas, I n c . , Houston, Texas, f o r approval t o acqu i r e 100 pe rcen t of t h e vot ing sha res of Graham National Bancorpora t ion , Graham, Texas and i n d i r e c t l y acqu i r e The Graham National Bank, Graham, Texas. J j

Da l las Texas Commerce Bancshares , I n c . , Houston, Texas, f o r ap-proval t o a cqu i r e 100 percen t of t h e vot ing shares of Texas Commerce Bank-West Oaks, N.A., Houston, Texas, a proposed new bank, j y

* * * * *

To Expand a Bank Holding Company Pursuant t o Sect ion 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956

Approved New York F lo r ida Coast Banks, I n c . , Pompano Beach, F l o r i d a , f o r

approval t o a c q u i r e 50 percen t of t h e vot ing shares of M i d l a n t i c / F l o r i d a Coast Holdings , Edison, New Je r sey and thereby engage i n d i r e c t l y in t r u s t a c t i v i t i e s through F lo r ida Coast Mid lan t i c Trus t Company, N.A., Lighthouse P o i n t , F l o r i d a , a proposed de novo t r u s t company.

New York Mid lan t i c Banks, I n c . , Edison, New J e r s e y , f o r approval t o acqu i r e 50 pe rcen t of the vot ing sha res of M i d l a n t i c / F lo r ida Coast Holdings , Edison, New Je r sey and t h e r e -by engage i n d i r e c t l y in t r u s t a c t i v i t i e s through F lo r ida Coast Mid lan t ic Trus t Company, N.A., L igh t -house P o i n t , F l o r i d a , a proposed de novo t r u s t company.

A t l an ta Saf raCorp , Miami, F l o r i d a , f o r approval t o engage in lending a c t i v i t i e s . ]_/

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

I


H.2, 1982 No. 45 - 12 - w


San F r o n t i e r Bancorp, V i s t a , C a l i f o r n i a , f o r approval t o F ranc i sco a c q u i r e 100 pe rcen t of t h e vot ing sha re s of F r o n t i e r

Finance Company, V i s t a , C a l i f o r n i a . J /

Permi t ted New York The Chase Manhattan Corpora t ion , New York, New

York, r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in t h e fo l l owing a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account or f o r t h e account of o t h e r s , loans and o t h e r ex-t e n s i o n s of c r e d i t secured by real e s t a t e i n c l u d i n g , but not l i m i t e d t o , f i r s t and second mortgage loans secured by mortgages on o n e - t o -four f ami ly r e s i d e n t i a l p r o p e r t i e s , s e r v i c i n g loans and o t h e r e x t e n s i o n s of c r e d i t f o r any pe r son , s e l l i n g mortgage loans in t h e secondary marke t , and o f f e r i n g mortgage term l i f e i n s u r a n c e , a cc iden t and h e a l t h in su rance and d i s a b i l i t y i n -surance d i r e c t l y r e l a t e d t o such lending and s e r v i c i n g a c t i v i t i e s ) from 10190 Old Katy Rd. , Houston, Texas t o 2900 Wi lc res t S t r e e t , Houston, Texas, through i t s s u b s i d i a r y , Chase Home Mortgage Corpora t ion (11 /5 /82) 3/

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o expand t h e a c t i v i t i e s of an e x i s t i n g o f f i c e t o i nc lude t h e fo l lowing a c t i v i t y (making of consumer loans secured by second mortgage or second t r u s t l i e n s ; t h e a c t i v i t i e s contemplated by t h e a p p l i c a t i o n inc lude t h e t ak ing of a p p l i -c a t i o n s , t h e p r e p a r a t i o n and execu t ion of loan documents, t h e d isbursement of f u n d s , account s e r v i c i n g and o t h e r a c t i v i t i e s i n c i d e n t a l t o i t s l end ing a c t i v i t i e s ) a t S p r i n g f i e l d Mal l , P. 0 . Box 789, S p r i n g f i e l d , V i r g i n i a , t h e proposed s e r v i c e a rea f o r t h e aforement ioned a c t i v i t y s h a l l be t h e e n t i r e S t a t e of V i r g i n i a , through i t s s u b s i d i a r y , C i t i c o r p F i n a n c i a l , Inc . (11 /4 /82) 3/

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o expand t h e a c t i v i t i e s of two e x i s t i n g o f f i c e s t o i nc lude t h e fo l lowing a c t i v i t y ( t h e making of loans t o i n d i v i d u a l s and bus ines se s t o f i n a n c e t h e purchase of mobile homes, modular u n i t s or r e l a t e d manufactured hous ing , t o g e t h e r with t h e

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

3 / 4 ( c ) ( 8 ) 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 .


H.2, 1982 No. 45 - .13 -

ACTIONS OF THE BCARD-Continued

rea l p r o p e r t y t o which such housing i s or w i l l be permanently a f f i x e d , such p rope r ty being used as s e c u r i t y f o r t h e loans) a t 6100 Channingway B lvd . , SuiwO 205, Columbus, Ohio, s e rv ing t h e e n t i r e S t a t e of Ohio, and North Park P l aza , S u i t e 709, 17117 West Nine Mile Road, S o u t h f i e l d , Michigan, s e r v i n g t h e e n t i r e S t a t e of Michigan, through i t s sub-s i d i a r y , C i t i c o r p Acceptance Company, Inc . (11 /4 /82 ) 3 /

N»w York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e engaging in t h e fo l l owing a c t i v i t i e s ( t h e making, a c q u i r i n g and s e r v i c i n g , f o r i t s own account and f o r t h e account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n r e s i d e n t i a l r ea l e s t a t e and t h e s a l e of mortgage l i f e and Mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s of mortgage loans) a t 14900 In t e ru rban Avenue, Tukwila, Washington, t h e s e r v i c e area of t he o f f i c e would be comprised of the S t a t e of Washington, through i t s s u b s i d i a r y , C i t i c o r p Washington F inanc ia l C e n t e r , I nc . (11 /4 /82) 3/

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h two de novo o f f i c e s of i t s s u b s i d i a r y , C i t i c o r p Homeowners, i n c . ("CHI"), and t o expand th ? a c t i v i t i e s and s e r v i c e a r e a s of two e x i s t i n g o f f i c e s of i t s s u b s i d i a r y , C i t i c o r p Pe r son- to -Pe r son F inanc i a l C e n t e r , Inc . (Delaware) ("CPFC"), a t t h e same l o c a t i o n s ; t h e a c t i v i t i e s in which t h e de novo o f f i c e s of CHI propose t o engage a r e ( t h e making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured , f o r consumer and o t h e r pu r -poses , t he s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or dec reas ing or l eve l ( i n t h e case of s i n g l e payment loans ) term l i f e insurance by l i c e n s e d agen t s o r b r o k e r s , as r e q u i r e d ; t h e s a l e of c r e d i t r e l a t e d p rope r ty and c a s u a l t y insu rance p r o t e c t i n g rea l and persona l p rope r ty s u b j e c t t o a s e c u r i t y agreement with CHI, md t o t h e e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e insurance laws and r e g u l a t i o n s ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e s e r v i c i n g , f o r any pe r son , of loans and o t h e r e x t e n s i o n s of c r e d i t ; t h e making, a c q u i r i n g ,

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


H.2, 1982 No. 45 - 14 -


and s e r v i c i n g , f o r i t s own account and f o r t he account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l r ea l e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o ex t ens ions of mortgage l oans ; the proposed s e r v i c e a rea of each of t h e de novo o f f i c e s of CHI s h a l l be comprised of t h e e n t i r e S t a t e of C a l i f o r n i a f o r a l l t h e aforement ioned proposed a c t i v i t i e s ; t he p rev ious ly approved a c t i v i t i e s in which t h e o f f i c e s of CPFC engage a r e , t he making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured , f o r consumer and o t h e r purposes ; t h e ex tens ion of loans t o d e a l e r s f o r t h e f i n a n c i n g of inventory [ f l o o r p l ann ing ] and working c a p i t a l purposes ; t h e purchas ing and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t r e l a t e d l i f e and acc iden t and h e a l t h or decreas ing or l eve l [ i n t h e case of s i n g l e payment l o a n s ] term l i f e insurance by l i c e n s e d agen t s or b r o k e r s , as r e q u i r e d ; t h e s a l e of c r e d i t r e l a t e d p rope r ty and c a s u a l t y insurance p r o t e c t i n g real and personal p rope r ty s u b j e c t t o a s e c u r i t y agreement with CPFC, and to the e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e insurance laws and r e g u l a t i o n s ; and the s e r v i c i n g , f o r any pe r son , of loans and o t h e r ex-t e n s i o n s of c r e d i t ; t he new a c t i v i t i e s in which t h e o f f i c e s of CPFC propose t o engage de novo a r e : t h e s a l e of consumer o r i e n t e d financiaT"management c o u r s e s ; t h e making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r t h e account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l rea l e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o ex t ens ions of mortgage l o a n s ; t h e proposed s e r v i c e area f o r each CPFC o f f i c e f o r a l l p r e v i o u s l y approved and proposed a c t i v i t i e s s h a l l be comprised of t h e e n t i r e S t a t e of C a l i f o r n i a ; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h in su rance may be w r i t t e n by Family Guardian L i f e Insurance Company, an a f f i l i a t e of CPFC and CHI) a t 2001 Gateway Place (#100) , San J o s e , C a l i f o r n i a and 1990 North C a l i f o r n i a Blvd. (#101), Walnut Creek, C a l i f o r n i a , through i t s s u b s i d i a r i e s , C i t i c o r p Homeowners, I n c . , and C i t i c o r p Person- to -Person F inanc ia l Cen te r , Inc . (Delaware) (11 /4 /82) 3/

3/ 4 ( c ) ( 8 ) 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 .


H.Z, 1982 No. 45 - 1 5 -

ACTIQNS OF THE BQARD-Continued

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Homeowners, Inc . ("CHI") , and t o expand t h e a c t i v i t i e s and s e r v i c e area of an e x i s t i n g o f f i c e of i t s s u b s i d i a r y , C i t i c o r p Person- to -Person F inanc ia l Cen t e r , Inc . ("CPFC"), a t the same l o c a -t i o n ; t h e a c t i v i t i e s in which t h e CHI o f f i c e proposes t o engage a r e ( t he making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured , f o r consumer and o t h e r pu rposes ; t h e s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or dec reas ing or l eve l [ i n t h e case of s i n g l e payment l o a n s ] term l i f e in su rance by l i c e n s e d agen ts or b r o k e r s , as r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e s e r v i c i n g ; f o r any pe r son , of loans and o t h e r e x t e n s i o n s of c r e d i t ; t h e making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r t h e account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or non-r e s i d e n t i a l rea l e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y insu rance d i r e c t l y r e l a t e d t o e x t e n s i o n s of mortgage l o a n s ; the proposed s e r v i c e a r ea f o r t he de novo o f f i c e of CHI s h a l l be comprised of t h e e n t i r e S t a t e of South Carol ina f o r a l l t h e aforement ioned proposed a c t i v i t i e s ; t h e new a c t i v i t i e s in which t h e o f f i c e of CPFC proposes t o engage de novo a r e : t h e making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r t h e account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l r e a l e s t a t e ; and the s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s of mortgage l oans ; t h e proposed s e r v i c e a rea s h a l l be comprised of t h e e n t i r e S t a t e of South Caro l ina f o r t h e aforement ioned proposed a c t i v i t i e s and f o r t h e fo l lowing a c t i v i t i e s which have been p r ev ious ly approved f o r CPFC: t h e making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured , f o r consumer and o the r purposes ; t he ex tens ion of loans t o d e a l e r s f o r t h e f i n a n c i n g of inventory [ f l o o r p l a n n i n g ] and working c a p i t a l pu r -poses ; t h e purchas ing and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h or dec reas ing or level [ i n t h e case of s i n g l e payment l o a n s ] term l i f e

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 de l ega ted a u t h o r i t y .

i


H.2, 1982 No. 45 - 1 6 -


in su rance by l i c e n s e d agen t s or b r o k e r s , as r e q u i r e d ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; and t h e s e r v i c i n g , f o r any person , of loans and o t h e r e x t e n s i o n s of c r e d i t ; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h insurance may be w r i t t e n by Family Guardian L i f e Insurance Company, an a f f i l i a t e of CPFC and CHI) a t 2768 Decker B lvd . , Columbia, South C a r o l i n a , through i t s sub-s i d i a r i e s , C i t i c o r p Homeowners, Inc . and C i t i -corp Pe r son- to -Person F inanc ia l Cen te r , I n c . , (11 /4 /82 ) 3/

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h two de novo o f f i c e s of i t s s u b s i d i a r y , C i t i c o r p Homeowners, Inc . ("CHI") , and t o expand t h e a c t i v i t i e s and s e r v i c e a reas of two e x i s t i n g o f f i c e s of i t s s u b s i d i a r y , C i t i c o r p P e r s o n - t o -Person F inanc ia l Cen te r , Inc . ("CPFC"), a t t h e same l o c a t i o n s ; t h e a c t i v i t i e s in which the CHI o f f i c e s propose t o engage a r e ( t he making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured , f o r consumer and o the r pur -poses ; t h e s a l e of c r e d i t r e l a t e d l i f e and acc iden t and h e a l t h or dec reas ing or l eve l [ i n t he case of s i n g l e payment l o a n s ] term l i f e in su rance by l i censed agen ts or b r o k e r s , as r e q u i r e d ; t h e s a l e of c r e d i t r e l a t e d p rope r ty and c a s u a l t y insurance p r o t e c t i n g rea l and personal p rope r ty s u b j e c t t o a s e c u r i t y agreement with CHI and t o t h e e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e i n su rance laws and r e g u l a t i o n s ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e s e r v i c i n g , f o r any pe r son , of loans and o t h e r e x t e n s i o n s of c r e d i t ; t h e making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r t h e account of o t h e r s , of ex t ens ions of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l r ea l e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y insu rance d i r e c t l y r e l a t e d t o ex t ens ions of mortgage l o a n s . The proposed s e r v i c e a r e a s f o r the CHI o f f i c e s sha l l be comprised of t he e n t i r e S t a t e of C a l i -f o r n i a f o r t he S tock ton , C a l i f o r n i a o f f i c e and f o r the Sacramento, C a l i f o r n i a o f f i c e ; t he p r e v i o u s l y approved a c t i v i t i e s in which t h e CPFC o f f i c e s engage a r e : the making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , secured or unsecured , f o r consumer and o t h e r pu rposes ; t h e ex tens ion of loans to d e a l e r s f o r t h e

~TJ 4 ( c ) ( 8 ) 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 .


H.2, 1982 No. 45 - 17 -


f i n a n c i n g of inventory [ f l o o r p l ann ing ] and working c a p i t a l ourposes ; t h e purchas ing and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t r e l a t e d l i f e and acc iden t and hea l t h or dec rea s ing or leve l [ i n t h e case of s i n g l e payment loans term l i f e i n su rance by l i c e n s e d agents or b r o k e r s , as r e qui red ; t h e s a l e of c r e d i t r e l a t e d p rope r ty a;*d c a s u a l t y in su rance p r o t e c t i n g rea l and personal p rope r ty s u b j e c t t o a s e c u r i t y agreement with CPFC, and t o t h e ex t en t p e r m i s s i b l e under a p p l i c a b l e S t a t e insurance laws and r e q u i a U o n s ; t h e s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; and t h e s e r v i c i n g f o r any pe r son , of loans and o t h e r e x t e n s i o n s of c r e d i t ; t h e new a c t i v i t i e s in which t h e CPFC o f f i c e s propose t o engage de novo a r e : t h e making, a c q u i r i n g and s e r v i c i n g , f o r i t s own account and f o r the account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or non-r e s i d e n t i a l rea l e s t a t e ; and t h e s a l e of mortgage l i f e and mortgage d i s a b i l i t y in su rance d i r e c t l y r e l a t e d t o e x t e n s i o n s of mortgage l o a n s . The pro-posed s e r v i c e a r ea s f o r t h e CPFC o f f i c e s f o r a l l p r e v i o u s l y aoproved and proposed a c t i v i t i e s s h a l l be comprised of t h e e n t i r e S t a t e of C a l i f o r n i a f o r both o f f i c e s ; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h in su rance may be w r i t t e n by Family Guardian L i f e Insurance Company, an a f f i l i a t e of CPFC and CHI) a t 5405 N. Pe r sh ing , Bui ld ing B, Scockton, C a l i -f o r n i a and 821 Howe Avenue, Sacramento, C a l i f o r n i a , through i t s s u b s i d i a r i e s , C i t i c o r p Homeowners, Inc . and C i t i c o r p Pe r son- to -Pe r son F inanc ia l Cen te r , Inc . (11 /4 /82) 3 /

New York Manufac turers Hanover Corpo ra t i on , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e engaging in t h e fo l lowing a c t i v i t i e s (making, a c q u i r i n g , and s e r v i c i n g commercial loans and o t h e r e x t e n s i o n s of c r e d i t , such as could be made, acqui red or s e r v i c e d by a commercial f i n a n c e company under S t a t e law; such a c t i v i t i e s would i n c l u d e , but not be l i m i t e d t o , engaging in commercial and bus iness f i n a n c i n g of a l l t y p e s , and making loans secured by r e s i d e n t i a l r ea l e s t a t e t o i n d i v i d u a l s f o r bus ines s purposes) a t Route #1 and Old Lincoln Highway, Trevose , Pennsy lvan ia , t h i s o f f i c e wi l l se rve t h e e n t i r e United S t a t e s , through i t s s u b s i d i a r y , Finance One Commercial Corporat ion (11 /3 /82) 3/

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


H.2, 1982 No. 45 18 -

ACTIONS OF THE BOARD-Continued\

Atlanta Southwest Florida Banks, In c . , Fort Myers, Florida, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s ( in act ing as agent in the sa l e of cred i t l i f e insurance in connection with extens ions of cred i t at i t s a f f i l i a t e , the Peoples Bank of Pasco County, El f e r e s , Florida) at 690 State Road 54, El f e r e s , F lor ida , serving the surrounding Pasco County area, through i t s subs id iary , Southwest Financial Serv ices , Inc. (11 /2 /82) 3/

San BankAmerica Corporation, Sin Francisco, C a l i f o r n i a , Francisco n o t i f i c a t i o n 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 cred i t such as would be made or acquired by a f inance company; serv ic ing loans and other extens ions of c r e d i t ; and o f f e r i n g c r e d i t - r e l a t e d l i f e insurance, c r e d i t - r e l a t e d accident and health insurance; such a c t i v i t i e s w i l l inc lude , but not be l imited t o , purchasing instal lment s a l e s f inance contrac t s , making loans and other extens ions of cred i t t o consumers as well as small bus inesses , making loans and other exten-s ions of cred i t secured by real and personal pro-perty , and o f f e r i n g c r e d i t - r e l a t e d l i f e , c r e d i t -re lated accident and health insurance, may be reinsured by BA Insurance Company, In c . , an a f f i l i a t e of FinanceAmerica Consumer Discount Company) at 241 West Broad S t r e e t , Quakertown, Pennsylvania, serving the e n t i r e State of Pennsylvania, through i t s ind irec t subs id iary , FinanceAmerica Consumer Discount Company (a Pennsylvania corporation) (11 /2 /82) 3/

San Rainier Bancorporatlon, S e a t t l e , Washington, Francisco n o t i f i c a t i o n of intent t o engage in 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 o thers , loans or other extens ions of c r e d i t ; and act ing as an insurance agent or broker with regard to insurance that i s d i r e c t l y re la ted to extens ions of cred i t by Rainier Mortgage Com-pany in the fol lowing ca tegor i e s : mortgage redemption insurance in the form of cred i t

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 delegatd author i ty .

I


H.2, 1982 No. 45 - 19 -


l i f e and d i s a b i l i t y insurance) in Houston, Texas, serving the e n t i r e State of Texas, through i t s sub-s i d i a r y , Rainier Mortgage Company (11/2/82) 3/

San Wells Fargo & Company, San Francisco, Ca l i forn ia , Francisco n o t i f i c a t i o n of intent to engage in de novo

a c t i v i t i e s (act ing as agent for cred i t l i f e and d i s a b i l i t y insurance re lated t o extens ions of cred i t or the provis ion of other f inanc ia l s e r v i c e s by Wells Fargo & Company or i t s sub-s i d i a r i e s , to the extent permiss ib le under appl i cab le State insurance laws or regulat ions) San Francisco, Ca l i forn ia , serving the United States of America, through i t s subs id iary , Wells Fargo Insurance Services (11 /5 /82) 2J

San Wells Fargo & Company, San Francisco, Ca l i forn ia , Francisco n o t i f i c a t i o n of intent to engage in de novo

a c t i v i t i e s (ac t ing as agent for cred i t l i f e and d i s a b i l i t y insurance re lated t o WFAC's extens ions of c r e d i t , t o the extent permiss ible under app l i -cable State insurance laws or regula t ions ) in Englewood, Colorado; Tulsa, Oklahoma; S t . Louis, Missouri; B i l l i n g s , Montana; and Spokane, Washington, serving the United Sta tes of America, through i t s subs id iary , Wells Fargo AG Credit (11 /5 /82) 3/

T/ 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 author i ty .


H.2, 1982 No. 4! w - 2 0 - w

APPLICATIONS RECEIVED

To E s t a b l i s h a Domestic Branch Pursuant t o Sec t ion 9 of t h e Federal Reserve Act

Chicago Bankers Trus t Company, Des Moines, Iowa. To e s t a b l i s h a ATM t o be loca t ed a t Ruan Center Bu i ld ing , 666 Locus t , Des Moines, Iowa. 2/

Richmond Bank of t h e James, Manakin-Sabot, V i r g i n i a . To e s t a b l i s h a branch on S t a t e Route 6 , Goochland Courthouse, Gooch-land County, V i r g i n i a . 2/

Richmond Union Trus t Company of Maryland, Ba l t imore , Maryland. To e s t a b l i s h a branch a t 2030 East Joppa Road, Ba l t imore , County, Maryland. 2/

* * * * *

To Merge Pursuant t o Sec t ion 18(c) of t h e Federal Deposi t Insurance Corpora t ion

Chicago F i r s t Trus t & Savings Bank of Kankakee, Kankakee, I l l i n o i s , t o merge with Midwest Trus t and Savings Bank of Kankakee, Kankakee, I l l i n o i s . 2 /

* * * * *

To Become a Member of t h e Federal Reserve System Pursuant t o Sec t ion 9 of t h e Federal Reserve Act

Chicago Midwest Trus t and Savings Bank of Kankakee, Kankakee, I l l i n o i s . 2 /

* * * * *

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


H.2, 1982 No. 45 - 21 -

APPLICATIONS RECEIVED - Continued

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 Investments and Other Act ions Pursuant t o Sec t ions

25 and 25(a) of the Federal Reserve Act and Sec t ions 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of the Bank Holding Company

Act of 1956, as amended

New York Overseas Investment Corpo ra t i on , Wilmington, Delaware: prio* r a t i f i c a t i o n of i t s i n t e n t t o cont inue t o hold s h a r e s , d i r e c t l y or i n d i r e c t l y , in Banco I n t e r n a c i o n a l de Colombia, S .A . , Bogota, Colombia, a f t e r Banco, d i r e c t l y or i n d i r e c t l y makes an a d d i t i o n a l investment in Compania Colombiana de Financiamentos , S .A . , Bogota, Colombia.

New York I rv ing Trust Company, New York, New York: r eques t s consent t o a cqu i r e 20 pe rcen t of t h e vot ing stock and 35 pe rcen t of the equ i ty of Banca del la Svizzera I t a l i a n a , Lugano, Swi t ze r l and .

New York Manufacturers Hanover I n t e r n a t i o n a l Banking Corpora t ion , Miami, F l o r i d a : r e q u e s t s t h e Board ' s a f t e r - t h e - f a c t approval t o i nc r ea se i t s c a p i t a l s tock and for an a d d i t i o n a l i n c r e a s e in i t s c a p i t a l s tock and approval t o amend A r t i c l e SEVENTH of i t s A r t i c l e s of Assoc ia t ion t o r e f l e c t t h e l a t t e r i n c r e a s e .

Da l l a s Texas Commerce Bancshares , I n c . , Houston, Texas: p r i o r n o t i f i c a t i o n of i t s i n t e n t t o make an investment in Texas Commerce Finance N.V., Curacao, Netherland A n t i l l e s .

* * * * *

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

Boston Kingswood Bank-Corp. , Wolfeboro, New Hampshire, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of t h e vo t ing sha res of Kingswood Trus t and Savings Bank, Wolfeboro, New Hampshire. 2/

New York Herkimer T r u s t C o r p o r a t i o n , I n c . , L i t t l e F a l l s , New York, f o r approval t o a c q u i r e 100 pe rcen t of t he vot ing sha res of The Herkimer County Trus t Company, L i t t l e F a l l s , New York. 2/

27 A p p l i c a t i o n s u b j e c t t o Community Reinvestment Act . The Community ~~ A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be con tac ted

as t o t h e l eng th of t he comment p e r i o d .


H.2, 1982 No. 45 - 2 2 -


Cleveland Powell County Bancorp, S tan ton , Kentucky, f o r approval to a c q u i r e 100 percen t of t he vot ing shares of Powell County Bank, S t a n t o n , Kentucky. 2/

At lan ta C i t i z e n s Bancorpora t ion , I n c . , Plaquemine, Lou i s i ana , f o r approval t o a c q u i r e 100 percen t of t h e vot ing sha res of C i t i z e n s Bank & Trus t Co. , Plaquemine, Lou i s i ana . 2/

At lan ta Hancock Bancorp, I n c . , S n e e d v i l i e , Tennessee, f o r approval t o a cqu i r e a t l e a s t 80 percent of t h e vot ing shares of C i t i z e n s Bank of Sneedv i1 le , Sneedv i1 le , Tennessee. 2/

Chicago F i r s t Rockford BanCorporat ion, I n c . , Rockford, Iowa, f o r approval t o a cqu i r e a t l e a s t 90.75 percen t of the vot ing sha res of The F i r s t S t a t e Bank, Rockford, Iowa. 2J

Chicago Hinsdale Bancshares , I n c . , H insda le , I l l i n o i s , f o r approval t o a c q u i r e 100 pe rcen t of the vot ing sha re s ( l e s s d i r e c -t o r s ' q u a l i f y i n g sha re s ) of the successo r by merger to Bank of Hinsda le , H insda le , I l l i n o i s . 2/

Chicago Humboldt Investment Corp . , Humboldt, Iowa, f o r approval to a c q u i r e a t l e a s t 80 percen t of the vot ing shares of Hum-bold t Trus t & Savings Bank, Humboldt, Iowa. 2/

Chicago Liverrnore Bancorpora t ion , Livermore, Iowa, f o r approval t o a c q u i r e a t l e a s t 97.0 pe rcen t of t he vot ing sha res of Livermore S t a t e Bank, Livermore, Iowa. 2/

S t . Louis F i r s t Bancshares of Northeas t Arkansas , I n c . , Osceola , Arkansas, f o r approval t o a c q u i r e a t l e a s t 80 percent of t he vot ing shares of F i r s t National Bank in Osceola , Osceola , Arkansas . 2/

S t . Louis F i r s t Robinson Bancorp, Robinson, I l l i n o i s , f o r approval t o a cqu i r e a t l e a s t 80 percent of t h e vot ing shares of The F i r s t Nat ional Bank in Robinson, Robinson, I l l i n o i s . 2/

St . Louis Mountain Home Bancshares , I n c . , Mountain Home, Arkansas, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of the vot ing sha re s of F i r s t Bank & Trus t Co. of Mountain Home, Moun-t a i n Home, Arkansas . 2J

St . Louis Taney County Bancorpora t ion , I n c . , Kansas C i t y , Missour i , f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of the vot ing sha res of Secur i ty Bank and Trus t Company, Branson, Missour i . 2/

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


H.2, 1982 No. 45 - 2 3 -


Minneapolis Donnelly Bancshares , I n c . , Donnel ly, Minnesota, f o r approval t o a c q u i r e a t l e a s t 91.9 percen t of t he vot ing sha res of Farmers and Merchants S t a t e Bank of Donnel ly, Donnelly, Minnesota. 2J

Minneapolis F i r s t S t a t e Agency of S t ewar t , I n c . , S t ewar t , Minnesota, f o r approval t o a c q u i r e 89 percent of t h e vot ing shares of The F i r s t Bank of Minnesota, S t ewar t , Minnesota ( former ly F i r s t S t a t e Bank of S t e w a r t ) . 2/

Minneapol is Fosston Bancorpora t ion , I n c . , Foss ton , Minnesota , f o r approval t o a c q u i r e 93.5 percen t of t h e vot ing shares of Farmers S t a t e Bank of Foss ton , Foss ton , Minnesota. 2/

Minneapolis Scot land Holding Company, Sco t l and , South Dakota, f o r approval t o a c q u i r e 89.6 pe rcen t of t he vot ing shares of The Farmers and Merchants S t a t e Bank, Sco t l and , South Dakota. 2/

Minneapol is Vernon Center Bancshares , I n c . , Vernon Cen te r , Minnesota, f o r approval t o a c q u i r e a t l e a s t 89.6 percen t of t he vot ing sha res of S t a t e Bank of Vernon Cen te r , Vernon Cen te r , Minnesota. 2 /

Da l l a s Athena Bancshares Corpo ra t i on , Pampa, Texas, f o r approval t o a c q u i r e a t l e a s t 80 percen t of t he vot ing shares of Pampa Bancshares , I n c . , Pampa, Texas, which owns 98.5 pe rcen t of C i t i z e n s Bank and Trus t Company, Pampa, Texas. 2/

D a l l a s Brownsvi l le Bancshares , I n c . , Brownsv i l l e , Texas, f o r approval t o a c q u i r e 100 percen t of t h e vot ing sha res of Brownsvi l le National Bank, Brownsv i l l e , Texas. 2j

Dal las F i r s t Pecos Bancshares , I n c . , Midland, Texas, f o r approval t o a c q u i r e a t l e a s t 80 percen t of the vot ing sha res of The F i r s t National Bank of Pecos, Pecos, Texas. 2/

Dal l a s Kerini t S t a t e Bancshares , I n c . , Kermit , Texas, f o r approval t o a c q u i r e 81.75 percen t of t he vo t ing shares of Kermit S t a t e Bank, Kermit , Texas. 2/

Dal las Lakeside Bancshares , I n c . , Rockwall, Texas, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of t h e vot ing shares of Lakeside National Bank, Rockwall , Texas. 2/

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

I


H.2, 1982 No. 45 - 2 4 -


Dal l a s

D a l l a s

San Francisco

La Pryor Bancshares , I n c . , La Pryor , Texas, f o r approval t o a c q u i r e 100 percen t of t he vot ing shares of Fhe L* Pryor S t a t e Bank, La Pryor , Texas. 2/

Texas Bancorpora t ion , I n c . , D a l l a s , Texas, f o r approval t o a c q u i r e a t l e a s t 80 pe rcen t of the vot ing shares of The National Bank of Texas a t For" Worth, Fort Worth, Texas: Weatherford Bancshares , I n c . , Weatherford , Texas and i n d i r e c t l y F i r s t Nat ional Bank of Azle, Azle, Texas and F i r s t National Bank of Weather ford , Weatherford, Texas. 2]

Auburn Bancorp, Auburn, C a l i f o r n i a , f o r approval t o acqu i r e 100 pe rcen t of the vot ing sha re s of Auburn Bank of Commerce, N.A., Auburn, C a l i f o r n i a , a proposed new bank. 2/

San P a j a r o Valley Bancorpora t ion , Watsonvi1le , C a l i f o r n i a , f o r - r a n c i s c o approval t o a c q u i r e 100 pe rcen t of t he vot ing shares of

P a j a r o Valley Bank, N.A., Wa t sonv i l l e , C a l i f o r n i a , a proposed new bank. 2 /

* * * * *

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

A t l a n t a AmSouth Bancorpora t ion , Birmingham, Alabama, f o r approval t o a c q u i r e 100 pe rcen t of the vot ing sha res of S t a t e Bank of t h e G u l f , Gulf Shores , Alabama. 2/

A t l a n t a F i r s t Bankers Corpora t ion of F l o r i d a , Pompano Beach, F l o r i d a , f o r approval t o a c q u i r e a t l e a s t 99 percen t of t he vot ing sha re s of National Trust Bank of F l o r i d a , S t . P e t e r s b u r g , Florida . 2 /

Dal las

Dal l a s

Da 11 as

Balch Spr ings Bancshares , I n c . , Balch S p r i n g s , Texas, f o r approval t o a c q u i r e 100 percen t of the vot ing shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of Central National Bank, Da l las , Texas, a proposed new bank. 2]

Consol ida ted Bancorp, I n c . , Waco, Texas, f o r approval t o a c q u i r e 100 pe rcen t of the vot ing sha res of F i r s t Con-s o l i d a t e d Bank, N.A., Buda, Texas, a proposed new bank. 21

F i r s t Amari l lo Bancorpora t ion , I n c . , Amar i l lo , Texas, f o r approval t o a c q u i r e 100 pe rcen t of t he vot ing sha res of F i r s t Bank of Amar i l lo , Amar i l lo , Texas, a proposed new bank. 2/

77 Appl icat ion subject to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be con tac ted as t o t h e l eng th of t he comment p e r i o d .


H.2, 1982 No. 45 - 2 5 -

APPL1CATI0NS RECEIVED - Continued

D a l l a s F i r s t Bancshares of Texas, I n c . , Longview, Texas, f o r approval t o a c q u i r e 100 percen t of t h e vot ing sha res of Bank of Athens, National A s s o c i a t i o n , Athens, Texas, a proposed new bank. 2/

D a l l a s Texas Commerce Bancshares , I n c . , Houston, Texas, f o r approval t o a c q u i r e 100 percent of t h e vot ing sha res of Lockwood National Bank of Houston, Houston, Texas. 2/

* * * * *

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

Richmond Dominion Bankshares Corpo ra t i on , Roanoke, V i r g i n i a , n o t i -f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( a c t i n g as in su rance agent or b roker with r e s p e c t t o t he fo l lowing types of in su rance r e l a t e d t o or a r i s i n g out of loans made or c r e d i t t r a n s a c t i o n s invo lv ing Dominion Bankshares Mort-gage* C o r p o r a t i o n , a s u b s i d i a r y of Dominion Bankshares C o r p o r a t i o n : c r e d i t l i f e i n s u r a n c e , c r e d i t a cc iden t and h e a l t h i n su rance and c r e d i t d i s a b i l i t y i n s u r a n c e ; mortgage redemption insu rance and mortgage acc iden t and h e a l t h i n s u r a n c e ) a t 3959 E l e c t r i c Road, S.W., Roanoke County, Roanoke, V i r g i n i a , t h i s o f f i c e w i l l se rve t h e c o u n t i e s of Roanoke, Al leghany, Rockbridge, B o t e t o u r t , Bedford , G i l e s , Montgomery, Wythe, C a r r o l l , Grayson, Smyth, Tazewel l , Buchanan, R u s s e l l , Wise, Dickenson, and Washington and the c i t i e s of Roanoke, Salem, Covington, C l i f t o n Forge, Lexington, Buena V i s t a , Bedford, B r i s t o l , Galax , and Norton, through a s u b s i d i a r y , known as Dominion Bankshares S e r v i c e s , i n c . (11 /2 /82)

Richmond South Caro l ina National Co rpo ra t i on , Columbia, South C a r o l i n a , n o t i f i c a t i o n of i n t e n t t o 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 loans or o t h e r e x t e n s i o n s of c r e d i t f o r i t s own account such as would be made by a consumer f i n a n c e company; s e r v i c i n g loans and o t h e r ex t ens ions of c r e d i t f o r t h e account of o t h e r s ; and o f f e r i n g 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 , and p rope r ty insurance d i r e c t l y r e l a t e d t o i t s e x t e n s i o n s of c r e d i t , a t 121 Caro l ina Avenue, H a r l s v i l l e , South C a r o l i n a , through i t s s u b s i d i a r y , Provident F inanc ia l Corpora t ion (11 /3 /82)

2/ App l i c a t i on s u b j e c t t o Community Reinvestment Act . The Community A f f a i r s O f f i c e r of t h e a p p l i c a b l e Reserve Bank may be con t ac t ed as t o t h e l eng th of t he comment p e r i o d .

s


H.2, 1982 No. 45 - 2 6 -

APPLICATIONS RECEIVED-Continued

Chicago American F l e t c h e r Corpora t ion , I n d i a n a p o l i s , Ind iana , no-t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (making or a cqu i r i ng loans or o the r ex t ens ions of c r e d i t f o r p e r s o n a l , family or household purposes , inc luding loans secured by home e q u i t i e s , purchas ing consumer i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s and a c t i n g as agent wi th r e spec t to c r e d i t l i f e and d i s a b i l i t y insurance on borrowing customers and insurance on p roper ty taken as c o l l a t e r a l f o r such loans and c o n t r a c t s ) a t 711 South Range Line Road, Carmel, Ind iana , se rv ing Hamilton County and Lawrence, Washington and Pike townships of Marion County, Ind iana , through i t s s u b s i d i a r y , American F l e t c h e r F inanc ia l S e r v i c e s , Inc. (10/28/82)

Chicago Town Financ ia l Corpora t ion , Har t fo rd C i t y , Ind iana , n o t i -f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (making or a c q u i r i n g loans and otTTer ex t ens ions of c r e d i t such as would be made by a consumer f i n a n c e company, t h e d i scoun t of r e t a i l and i n s t a l l m e n t notes or c o n t r a c t s , and a c t i n g as agent f o r t he s a l e of l i f e , a cc iden t and h e a l t h insurance d i r e c t l y r e l a t e d t o i t s ex tens ion of c r e d i t ) a t 52303 Emmons Road, South Bend, Ind iana , t h e geographic scope t o be served wi l l i nc lude South Bend, Indiana and t h a t area wi th in a 20-mile r a d i u s and Cass County, Michigan, through i t s s u b s i d i a r y , Town Finance Company, Inc . (10/26/82)

Chicago Midland Mortgage Corpora t ion , D e t r o i t , Michigan, n o t i f i -c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( to engage in t h e o r i g i n a t i o n and s e r v i c i n g of d i r e c t loans t o b u i l d e r s , d e v e l o p e r s , consumers and o t h e r s f o r pur-poses of a c q u i s i t i o n , c o n s t r u c t i o n , and r e h a b i l i t a t i o n of real p rope r ty and improvements t o real p r o p e r t y ; and t o o the rwise engage in mortgage banking) a c t i v i t i e s would be conducted on a na t iona l b a s i s from o f f i c e s loca ted a t : 600 Cleveland (Main O f f i c e ) , Su i t e 1090, C l ea rwa te r , F l o r i d a ; 360 F i r s t National Bu i ld ing , D e t r o i t , Michigan; 2401 Camelot Cour t , S . E . , Grand Rapids , Michigan; 201 East Pine S t r e e t , S u i t e 524, Orlando, F l o r i d a ; and 2143 Hurley Way, North Su i t e 230, Sacramento, C a l i f o r n i a , through i t s s u b s i d i a r y , Midland Mortgage Investments Corporat ion (11/2/82)


H.2, 1982 No. 45 - 2 7 -


Minneapolis F i r s t S t a t e Agency of S t e w a r t , I n c . , S t ewar t , Minnesota, f o r approval t o con t inue t o engage in general insurance a c t i v i t i e s in a town of l e s s than 5,000 p o p u l a t i o n .

Dal las Andrews Bancshares , I n c . , Andrews, Texas, n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( to engage in making l e a s e s of pe r sonaT p rope r ty in accordance with t h e Board ' s Regula t ion Y) a t 111 West Broadway, Andrews, Texas, s e rv ing Texas (11 /1 /82)

Da l l a s Southwest Bancshares , I n c . , Houston, Texas, n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( in per form-ing s e r v i c i n g a c t i v i t i e s r e l a t i n g t o t h e i ssuance and use of c r e d i t ca rds and o t h e r c r e d i t a r rangements , i nc lud ing s o l i c i t a t i o n of cus tomers , c r e d i t a n a l y s i s , e s t a b l i s h i n g , s e r v i c i n g and p roces s ing of accoun t s , b i l l i n g and c o l l e c t i o n s , and r e l a t e d a c t i v i t i e s ) a t 8111 Pres ton Road, D a l l a s , Texas, s e rv ing t h e e n t i r e United S t a t e s , through i t s s u b s i d i a r y , Southwest Bancshares Cred i t S e r v i c e s , Inc . (11 /3 /82)

San Crocker National Corpora t ion , San F r a n c i s c o , C a l i f o r n i a , F ranc i sco Midland Bank p i c , and Midland C a l i f o r n i a Holdings , L t d . ,

both of London, England, n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( in t h e underwr i t ing and r e i n s u r i n g of c r e d i t l i f e and c r e d i t acc iden t and h e a l t h insu rance d i r e c t l y r e l a t e d t o ex t ens ions of c r e d i t by Crocker National C o r p o r a t i o n ' s bank and nonbank s u b s i d i a r i e s in t he S t a t e of C a l i f o r n i a ) a t 74 New Montgomery 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 , through a s u b s i d i a r y , Crocker L i f e I n s u r -ance Company (11 /4 /82)

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

( t o engage in c e r t a i n c l e a r i n g and cus tod ian a c t i v i t i e s wi th r e spec t t o s e c u r i t i e s , commercial paper and s i m i l a r i n s t rumen t s such as a c t i n g as forwarding a g e n t , coupon paying agent and p rov ide r of t r a d e con f i rma t ion s e r v i c e s f o r s e c u r i t i e s and a c t i n g as i s s u i n g and paying agent f o r commercial paper and s i m i l a r i n s t rumen t s as well as a c t i v i t i e s i n c i d e n t


H.2, 1982 No. 45 - 28 -


t h e r e t o such as making of c a l l loans t o s e c u r i t i e s d e a l e r s ) a t t h e Lumber Exchange Bu i ld ing , 10 South F i f t h S t r e e t , Room 802, Minneapol i s , Minnesota, s e rv ing t h e United S t a t e s , through i t s s u b s i d i a r y , S e c u r i t y P a c i f i c Clear ing & Se rv i ces Corp . , Inc . (11 /2 /82)

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REPORTS RECEIVED

Curren t Report F i l ed Pursuant t o Sec t ion 13 of the S e c u r i t i e s Exchange Act

Columbia P a c i f i c Bank & Trus t Co. , P o r t l a n d , Oregon (Month Of October , 1982)

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PETITIONS FOR RULEMAKING

None.

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

h2_19821106.pdf

Documents

h2_19821106.pdf