ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM H.2, 1983 No. 44

Actions of the Board; Appl icat ions and Reports

Received During the Week Ending November 5, 1983

APPLICABLE RESERVE BANK ACTIONS OF THE BOARD

Regulation Y, the Board announced that i t intends promptly to seek publ ic comment upon a proposal to e l iminate the requirement in Regulation Y that bank holding companies must demonstrate consumer or other publ ic benef i t i n order to engage in the a c t i v i t y of underwri t ing c red i t l i f e and c red i t accident and health insurance.

Boston

New York

Phi ladelphia

Philadelphia

Cleveland

F i r s t Vermont Bank and Trust Company, Bra t t leboro , Vermont, proposal to merge with The New F i r s t Bank, B ra t t l eboro , Vermont; report to the Federal Deposit Insurance Corporation on competi t ive f ac to rs . ]_/

Cit ibank Overseas Investment Corporat ion, Wilmington, Delaware, extension of time to December 21, 1984, to acquire i n d i r e c t l y , through Banco Internacional de Colombia, S.A. , add i t iona l shares of Compania Colombiana de Financiamentos, S.A., Bogota, Colombia. ]_/

F i r s t National Bank of Berwick, Berwick, Pennsylvania, proposal to merge h i t h FKC Inter im National Bank, Berwick, Pennsylvania, under the charter of the l a t te r and wi th the t i t l e of the former; report to the Comptroller of the Currency on competit ive factors. \J

Lake Ar ie l Bancorp, I n c . , Lake A r i e l , Pennsylvania, extension of time to February 8, 1984, w i th in which to become a bank holding company through the acqu is i t i on of 100 percent of the vot ing shares of The F i rs t National Bank of Lake A r i e l , Lake A r i e l , Pennsylvania. ]_/

Belmont Bancorp., Br idgepor t , Ohio, extension of time to January 31, 1984, w i th in which to acquire Belmont County National Bank, St . r i a i r s v i l l e , Ohio. ]_/

1/ App l ica t ion processed on behalf of the Board of Governors under ~ delegated a u t h o r i t y .

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

H.2, 3983 NO. 44 2 -

ACTIONS OF THE BOARD - Continued

Richmond

RicNrr-

Rilhmond

Richmond

Atlanta

Atlanta

Atlanta

Atlanta

A11 H n t d

St. Micn^eis Bank, St. Michaels, Maryland, an invesrrent in bank premises. 2 /

Peoples Rank of Bluewell, Bluewell, West Virginia, proposed merger with PBB Bank Co., Bluewell, West Virginia; report to the Federal Deposit Insurance Corporation on competitive factors. ] /

First Union National Bank, Charlotte, North Carolina, proposed merger with Piedmont Bank and Trust Company, Davidson, North Carolina; report to the Comptroller of the Currency on competitive factors. J /

Shawsville Bancorp, Inc. , Shawsville, Virginia, extension of time to December 10, 1983, to become a bank holding company through the acquisition of Bank of Shawsville, Shawsville, V i r g i n i a . ] /

Republic Pancorp of S. C., Columbia, South Carolina, extension of time to February 5, 1984, within which to become a bank holding company through the acquisition of Republic National Bank, Columbia, South Carolina. J_/

Cypress Banks, Inc. , Wesley Chapel, Florida, extension of time to February 6, 1984, within which to become a bank holding company through the acquisition of First National Bank of the South, Wesley Chapel, Florida. ]_/

Barnett Banks of Florida, Inc . , Jacksonville, Florida, extension of time to January 25, 1984, within which to acquire Barnett Bank of Osceola County, N.A., Kissimmee, Florida. 2 /

First National Bank of Jackson, Jackson, Mississippi, proposed merger with Canton Exchange Bank, Canton, Mississippi; report to the Comptroller of the Currency on corpetit ive factors. J /

Commercial & Exchange Bank, Bremen, Georgia, proposed rerger with First Railroad Bank of Bremen, Bremen, f?nr(,id; report to the Federal Deposit Insurance Corporation on competitive factors. ]_/

<ur Pank/MI Ithorough* Tampa, Florida, proposed merger with Three offices of Flagship Bank of Tampa, Tampa, Ftnndd% ff-frrf the Federal Deposit insurance ('jr^ordMor competitive factors. 1/

/ i f at ior t rocesseft Mf-legateo autnority.

11 the Board of Governors under

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M M Wo, 44

nF THE BOARD - Continued

'"Mwgfi Northern Indiana Bank and Trust Company, Valparaiso, Indiana, proposal to merge with Portage National %ank, Portage* Indiana, under the charter and t i t l e

Northern Indiana Bank and Trust Company; report to the federal Deposit Insurance Corporation on competitive factors. 1/

f :a$o Jipson-farter State Bank, Bl issf ie ld , Michigan, proposal to merqp with JCS Bank, BI issf ie ld , Michigan, under (he charter and t i t l e of The Jipson-Carter State Bank; report to the Federal Deposit Insurance Corporation on competitive factors. 2 /

'Mwgo JAW Bamcshares Corp., Stanhope, Iowa, extension of time to December 26, 1983, within which to become a bank holding company through the acquisition of 80 percent or more of the voting shares of Farmers State Bank, Stanhope, Iowa. V

(Mcaso Kalaror financial Corporation, WaTdron, Indiana, extension of time to January 17, 1984, within which to become a bank holding company through the acquisition of 100 percent of the voting shares of the successor by merger to The State Bank of Waldron, taldron, Indiana. 2 /

<t . i ouis fa^corp, Inc. , Hi I Isboro, I l l i n o i s , extension of time to January ?3, 1984, within which to become a han* rolding company through the acquisition of the successor by merger to the Hi 11sboro National Bank,

1 Knnro, I l l i n o i s . J /

:":Hsboro National Bank, Hillsboro, I l l i n o i s , proposed merger wit" the HNB Bank, N.A., Hillsboro, I l l i n o i s ; report to fne Comptroller of the Currency on competitive ^actors, j y

. i f i r s t ^anon^i Rank of Magnolia, Magnolia, Arkansas, proposed reryer with Interim Magnolia National Bank, Mayno!ia, Arkansas; report to the Comptroller of the Currency on competitive factors.

fdn A^erxa^ National Hank of Lawton, Lawton, Oklahoma, Terser witn The Sheridan Bank and Trust

' i ^ a r y , Ldwto^, Oklahoma; report to the Comptroller r* on competitive factors. J_/

Ty 'A;^Hcat : r r r ^^ralf of the Board of Governors under

I

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H.?. 1983 NO. 44 ~ 4 -

ACTIONS OF THE BOARD - Continued

Dallas

San Francisco

San Francisco

San Francisco

San Francisco

Channel view Bank, Channel view* Texas, proposed merger with New Channel view Bank, Channel view, Texas; report to the Federal Deposit Insurance Corporation on compet i t ive factors. 1/

Great Western Rank ( i n o rgan iza t ion) , Dal las, Oregon, extension of time to January 7, 1984, w i th in which to become a member of the Federal Reserve System. ]_/

Bank o f Sea t t l e , Sea t t le , Washington, proposed merger w i th B. of 5. Bank, Sea t t le , Washington, under the charter and t i t l e of the former; report to the Federal Deposit Insurance Corporation on competi t ive f a c t o r s . V

Phantom Alaska Mutual Bank, Anchorage, Alaska, proposed merger w i th and in to Alaska Mutual Bank, Anchorage, Alaska; report to the Federal Deposit Insurance Corporation on compet i t ive f a c t o r s . J_/

Oregon Bank, Port land, Oregon, proposed merger with Southern Oregon State Bank, Grants Pass, Oregon, under the char ter and t i t l e of the former; report to the Federal Deposit Insurance Corporation on competi t ive f a c t o r s . 1/

J j App l ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

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H.2, 1983 No. 44 - 5 -

ACTIONS OF THE BOARD - Continued

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

Approved New York Central Trust Company, Rochester, New York. To

es tab l i sh two o f f s i t e e lec t ron ic f a c i l i t i e s at the fo l lowing locat ions : 9045 State Road, Nunda, New York and 1004 Culver Road, Rochester, New York. ]_/

Cleveland The O r r v i l l e Savings Bank* O r r v i l l e , Ohio. To es tab l ish a branch at 204 South M i l l S t ree t , Dal ton, O h i o . ] /

San F i r s t I n te rs ta te Bank of C a l i f o r n i a , Los Angeles, Francisco C a l i f o r n i a . To es tab l i sh a branch o f f i c e in the

v i c i n i t y of the in te rsec t ion of Seventh Street and Garland Avenue, City and County of Los Angeles, C a l i f o r n i a . V

* * * * *

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

Approved Chicago American Bank of Bloomington, B1 oomington, I l l i n o i s . _]_/

St . Louis MidAmerica Bank and Trust Company of Lebanon, Lebanon, I l l i n o i s . 1/

* * * * *

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

Approved Chicago American Bank of Bloomington, Bloomington, I l l i n o i s ,

to merge with American State Bank of Bloomington, I l l i n o i s . 1/

* * * * *

] / App l ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

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H.2, 1983 No. 44 - 6 -

ACTIONS OF THE BOARD - Continued

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

Not Disapproved Kansas Ci ty Cedar Vale Bank Holding Company, Cedar Vale, Kansas. 1 /

* * * * *

Appl icat ions and No t i f i ca t i ons fo r In ternat ional Investments and Other Actions Pursuant to Sections 25 and 25(a)

of the Federal Reserve Act and Sections 4 ( c ) ( 9 ) , 4(c)(13) and 4(c)(14) of the Bank Holding Company Act of 1956, as amended

Dallas Approved

RepublicBank-Dal las In ternat ional , an Edge Corporation w i th i t s home o f f i c e in Dal las , Texas: granted approval to amend i t s A r t i c l es of Association in order to change the name of that corporat ion to RepublicBank Dallas I n te rna t i ona l . 1/ (11/1/83)

Sixty-Day N o t i f i c a t i o n Period Allowed to Expire Boston The F i r s t National Bank of Boston, Boston, Massachusetts

no object ion to es tab l ish a branch in Curacao, Nether-lands Ant i n l e s .

Chicago

San Francisco

The F i r s t National Bank of Chicago, Chicago, I l l i n o i s : no object ion to purchase 60 percent of the shares of Banco A r f i na , S.A., Buenos A i res , Argentina, a commercial bank and to convert Banco Ar f i na , S.A., Buenos A i res , Argentina to a branch of FNBC.

Sea t t l e -F i r s t National Bank, Seat t le , Washington: to make an addi t ional investment in Sea t t l e -F i r s t Bank Canada, Vancouver, B r i t i s h Columbia, Canada.

* * * * *

] / App l ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

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

H.2, 1983N0. 44 - 7 -

ACTIONS OF THE BOARD - Continued

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

Approved Boston Howard Bancorp, Burlington, Vermont, for approval to

acquire 100 percent of the voting shares of The Howard Bank, Burlington, Vermont. 2 /

Philadelphia B.M.J. Financial Corp., Bordentown, New Jersey, for approval to acquire 100 percent of the vot ing shares of The Bank of Mid-Jersey, Bordentown, New Jersey. 2 /

Philadelphia CCFNB Bancorp, Inc. , Orangeville, Pennsylvania, for approval to acquire 100 percent of the voting shares of The Columbia County Farmers National Bank, Orangeville, Pennsylvania. ] /

Philadelphia First Keystone Corporation, Berwick, Pennsylvania, for approval to acquire 100 percent of the voting shares of The First National Bank of Berwick, Berwick, Pennsylvania. ] /

Philadelphia Fulton Financial Corporation, Lancaster, Pennsylvania, for approval to acquire 100 percent of the voting shares of The Farmers Trust Company of Lebanon, Lebanon, Pennsylvania. ] /

Cleveland F. Deposit Corporation, Flemingsburg, Kentucky, for approval to acquire at least 92 percent of the vot ing shares of Farmers-Deposit Bank, Flemingsburg, Kentucky. ]_/

Cleveland First Bank of Kentucky Corporation, Maysville, Kentucky, for approval to acquire at least 90 percent of the voting shares of Bank of Maysville, Maysville, Kentucky. 2 /

Cleveland Greenville National Bancorp, Greenville, Ohio, for approval to acquire 100 percent of the voting shares of Greenville National Bank, Greenville, Ohio. 2 /

Cleveland Kentucky Bancorporation, Inc. , Alexandria, Kentucky, for approval to acquired at least 80 percent of the voting shares of First National Bank and Trust f m;any of Covington, Covington, Kentucky.

1/ processed on behalf of the Board of Governors under authority.

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# .2 , S9#3 No. 44

ACTIONS Of THE 5% - Cont

At 1§n i

At I f fit *

Atlanta

Atlanta

Chicago

Chicago

Chicago

St. Louis

St. i is

St. lows

Fychange Banksna^es* I r e . , Mi1ledgevi1 l e , Georgia, for approval to uccuire 300 percent of the voting shares of frchamge Bank * M l l e d g e v i l l e , Georgia. 2 /

First Guaranty Bancshares, Inc. , Hammond, Louisiana, for approval to acquire 100 percent of the voting shares of First Guaranty Bank, Hammond, Louisiana. V

The Lawton Company, Sulphur, Louisiana, for approval to retain WO percent of the voting shares of William T. Burton Industries, Inc. , Lake Charles, Louisiana, and indirectly acquire at least 75 percent of the voting shares of Calcasieu Marine National Bank, Lake Charles, Louisiana.

Woodbury Bancshares, Inc . , Woodbury, Georgia, for approval to acquire at least 80 percent of the voting shares of Woodbury Banking Company, Woodbury, Georgia. 2 /

Columbia National Bancorp, Inc. , Chicago, I l l i n o i s , for approval to acquire 100 percent of the voting shares of (less directors' qualifying shares) the successor hy merger to Columbia National Bank of Chicago, Chicago, I l l i n o i s .

First Harvard Corporation, Harvard, I l l i n o i s , for approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of the successor by merger to First State Bank of Harvard, Harvard, H l i n o i s . V

Ontario Bancorporation, Inc. , Ontario, Wisconsin, for approval to acquire at least 84.6 percent of the voting shares of Bank of Ontario, Ontario, Wisconsin. 2 /

Clinton Bancshares, Inc . , L i t t l e Rock, Arkansas, for approval to acquire 100 percent of the vot ing shares of Clinton State Bank, Clinton, Arkansas. 2 /

Community Investment, Inc . , El kins, Arkansas, fo r approval to accuire at least 80 percent of the vot ing shares of Bank of Elkins, Elkins, Arkansas. 2 /

DuOuoin Bancorp, I n c . , OuCuom, I l l i n o i s , for approval to acquire 100 percent of tne vot ing shares of the Successor by reryer to DuOuom National Bank, PuOuOi% ! H ; r c » <. 1/

T7 if a? sf# prmiesser no nf chr Board of Governors under <*•** I **1 «sv? ho# .

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K . . - a -

- Continued

Z^ak ta Maf e Sarkiry Company, Inc. , """ripp, gq^h :, r a^reval tc acquire 10^ percent of the

» c t s n a r e s or Dakota State Bank of Tripp, Tripp, ,:n dr Tc* *

»4' w% < i t ) rroo%woo0 Parcsnares. inc. , Oklahoma City, Oklahoma, for approval tc acquire at least 95 percent of the voting shares cf Brookwooc National Bank, Oklahoma

, Cklj^ora. 2^

Cuy J. y . f , Interest . Inc . , Albuquerque, New Mexico, for approval to acquire at least 99 percent of the voting snares of Southwest National Corporation, AICLCwerque. New Mexico and indirectly Southwest *<ationa; rank, Albuquerque, New Mexico. J /

^^tor ^ancs^ares. Inc . , Anton, Texas, for approval to acquire uic percent of the voting shares of Citizens Stat? Hart* Anton, Texas. 1/

y ixccrf a !-ant - o w ^ g company Pursuant to Section :. a f ; n e Parir Company Act of 1956

Approved Roster -ank of Boston Corporation^ Boston, Massachusetts, for

approval to acquire more than 50 percent of the voting shares of Martha's Vineyard National Bank, Vineyard Haver, Massachusetts. ] /

Citizens Bancorp, Riverdale, Maryland, for approval to acquire up to 100 percent of the voting shares of -eoples SecjrTty Bank of Maryland, Landover, Mar/1aro.

f l a t Top ^a^»sr^rps, Inc. , Bluefield, West Virginia, for approval to acouire up to 100 percent of the voting sharr+s fi? trp successor by merger to Peoples Bank of Hluewfii , Kest Virginia.

AT' p i rn i rgn^^^ Alabama, for e r f ' va' ' at least 20 percent of the y, ' TN. L f ^ t r National Rank, Cullman,

char 4

1 un the Board of Governors under

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H.2, 1983 No. 46

Chicago

Chicago

St . Louis

Minneapol i s

Kansas Ci ty

Pal las

Dal las

Dallas

— 10 —

ACTIONS OF THE BOARD - Continued

F i r s t M i d - I l l i n o i s Bancshares, I n c . , Mattoon, I l l i n o i s , fo r approval to acquire 100 percent ( less d i rec to rs ' qua l i f y i ng shares) of the vot ing shares of the successor by merger to Mattoon Bank, Mattoon, I l l i n o i s . ]_/

F & M Financial Services Corporation, Menomonee F a l l s , Wisconsin, fo r approval to acquire 100 percent ( less d i r e c t o r s ' qua l i f y i ng shares) of the vot ing shares of the successor by merger to State Bank of S l inger , S l i nger , Wisconsin. ]_/

Schmid Brothers Investment Company, I nc . , Clayton, Missour i , and Financial Bancshares, I nc . , Sunset H i l l s , Missour i , fo r approval to acquire at least 99 percent of the vot ing shares of Financial Bank Centre of St . Charles County, Lake St. Louis, Missour i , a proposed new bank. V

Forstrom Bancorporation, I nc . , Clara C i t y , Minnesota, f o r approval to acquire 100 percent of the vot ing shares of Securi ty State Bank of Howard Lake, Howard Lake, Minnesota. 1/

F i r s t Enid, I nc . , Enid, Oklahoma, for approval to acquire 100 percent of the vot ing shares of Fairview State Bank, Fai rv iew, Oklahoma. V

Commercial Bancshares, I nc . , Houston, Texas, for approval to acquire 100 percent of the vot ing shares of F i r s t State Bank of Cypress, Cypress, Texas. ]_/

Texas American Bancshares Inc . , Fort Worth, Texas, fo r approval to acquire 100 percent of the vot ing shares of F i r s t Duncanvil le Corporation and i n d i r e c t l y to acquire F i r s t National Bank of Duncanvi l le, both of Duncanvi l le, Texas. 1/

Texas Capital Bancshares, I nc . , Houston, Texas, for approval to acquire at least 95.7 percent of the vot ing shares of F i r s t National Bank of Katy, Katy, Texas. 1/

* * * * *

J7 Appl ica t ion processed on behalf of the Board of Governors under delegated authority.

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H.2, 1983 No .44 - 11 -

ACTIONS OF THE BOARD - Continued

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

Approved Chicago Midwest Financial Group, I nc . , Peoria, I l l i n o i s ,

fo r approval to merge wi th CNB Bancorp, I nc . , Decatur, I l l i n o i s and i n d i r e c t l y with The Cit izens National Bank of Decatur, Decatur, I l l i n o i s . 1/

* * * * *

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

Kansas Ci ty F i r s t Tulsa Bancorporation, I nc . , Tulsa, Oklahoma, for approval to acquire 49 percent of Irwin Secur i t ies Corporat ion, Tulsa, Oklahoma, a company engaged in the a c t i v i t y of discount brokerage serv ices. V

Permitted Boston Bank of New England Corporat ion, Boston, Massachusetts,

n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n leasing real and personal property and in making loans secured by mortgages and by secur i ty in te res ts in equipment in accordance with Regulation Y) at 50 Milk S t ree t , Boston, Massachusetts, the service area fo r these a c t i v i t i e s would be the United States and fore ign count r ies , through i t s subs id iary , NEMCO Leasing Corporation (11/3/83) 2 /

New York C i t i c o r p , New York, New York , n o t i f i c a t i o n of in tent to expand the a c t i v i t i e s of 80 o f f i ces to include the fo l lowing a c t i v i t i e s (the sale of c red i t - r e l a ted l i f e , accident and health insurance by l icensed agents or brokers, as required; the sale of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y re lated to extensions of mortgage loans; and the sale of c r e d i t -re lated involuntary unemployment insurance) at 2619 Blanding Avenue, Alameda; 479 S. Main St reet , Angels Camp; 18th & "A" St reets , Antioch; 1329 Broadway, Atwater; 84 Solano Square, Benicia; 2323 Shattuck Avenue, Berkeley; 1861 Solano Avenue, Berkeley: 1203

J_/ Appl ica t ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

2 / 4 f c X P ' n o t i f i c a t i o n processed by Reserve Bank on behalf of the the Poard of Governors under delegated a u t h o r i t y .

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K.2, 1983 No. 44 - 12 -

ACTIONS OF THE BOARD - Continued

Highway 4 (Golden Oaks Center), Brentwood; 1317 Lincoln Avenue, Cal istoga; 3820 Capitol a Road, Capitola; 563 Carmel Rancho Shopping Center, Suite 1, Carmel; 3550 Castro Valley Blvd., Castro Val ley; 7381 Greenback Lane, Ci t rus Heights; 5400 Ygnacio Valley Road, Clayton Val ley; 14340 Lakeshore Drive, Clearlake Highlands; 4482 Treat Blvd. (Bel Air Shopping Center), Concord; 480-E San Ramon Valley B lvd . , Danvi l le; 10612 San Pablo Avenue (Moeser Lane Center), El Cer r i to ; 12223 "A" S t reet , Hayward; 2048 West Highway 88, (Amador PIaza-Martel1), Jackson; 2033 Rail road Avenue (Depot Plaza), l ivermore; 29 S Church Street , Lodi; 130 Main St reet , Los A l tos ; 2310 Homestead Road, Los Al tos; 16879 Los Gatos B lvd . , Los Gatos; 3985 G Street , Merced; 21198 Cahstoga St reet , Middletown; 446 Broadway, Mi l lb rae; 130 Throckmortan Avenue, Mi l l Val ley; 15 N Mi lp i tas Avenue (Beresford Square Shopping Center), M i l p i t as ; 1101 "J" Street , Modesto; 3430 Tul ly Road (Tully Manor Shopping Center), Modesto; 15900 Monterey Road (400 Tennant S ta t ion) , Morgan H i l l ; 3600 Bel Aire Plaza; Napa; 35106 Newark B lvd. , Newark; 926 Diablo Avenue, Novato; 3530 Fru i tva le Avenue, Oakland; 180 Grand Avenue, Oakland; 4101 Piedmont Avenue, Oakland; 4100 Redwood Road (Lincoln Square Shopping Center), Oakland; 77 Moraga Way, Orinda; 1 Palo Al to Square, 3000 El Camino Real, Palo A l t o ; 700 Contra Costa B lvd . , Pleasant H i l l ; 2277 Watt Avenue, Sacramento; 3423 Watt Avenue, Sacramento; 3525 Fair Oaks B lvd . , Sacramento; 14151 Main St reet , St. Helena; 1127 So. Main Street , Salinas; 700 El Camino Real, San Carlos; 260 Ca l i fo rn ia St reet , San Francisco; 2400 Sutter St reet , San Francisco; 845 Grant Avenue, San Francisco; 9 Kearny St reet , San Francisco; 2400 19th Avenue, San Francisco; 159 New Montgomery, San Francisco; 4724 Meridian Avenue, San Jose; 488 Blossom Hi 11 Road, San Jose; 1110 Blossom H i l l Road, San Jose; 5375 Prospect Road (Westgate West Shopping Center), San Jose; 2160 Tully Road (Eastr idge), San Jose; 15091 Hesperian B lvd . , San Leandro; 11 East Third Avenue, San Mateo; 2850 S. El Camino Real ( H i l l s -dale) , San Mateo; 1200 F i f th Avenue, San Rafael; 806 Ocean Street, Santa Cruz; 2801 Fourth Street , Santa Rosa; 201 West Napa Street (Sonoma Marketplace Shopping Center), Sonoma; 708 E. Mono Way, Sonora; 382 Grant Avenue, South San Francisco; 1810 Pacif ic Avenue, Stockton; 7604 Pacific Avenue, Stockton;

3? 4 fc ; (p ) noti f icat ion processed by Reserve Bank on behalf of the Pcard of Governors under delegated authority.

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H.2, 1983 No. 44 - 13 -

ACTIONS Cc RQARD - Continued

501 East Olive Street , Turlock; 1990 N. C a l i f o r n i a Blvd. , Walnut Creek; 1250 Newell Avenue, Suite H, Walnut Creek; 1910 Tice Valley Blvd. (Rossmoor), Walnut Creek; 1360 Grand Avenue, Arroyo Grande; 7190 El Camino Real, Atascadero; 10210 Scripps Ranch Blvd. , San Diego; 742 Marsh Street , San Luis Obispo and 1660 So. Broadway, Santa Maria, a l l located i n Ca l i fo rn ia , through i t s subsidiary, C i t i co rp Savings (a Federal Savings and Loan Associat ion) (11/4/P3) 3/

New York Ci t icorp , New York, New York, requests permission to establish a de novo o f f ice engaging in the following a c t i v i t i e s (making or acquiring, for i t s own ac-count or for the account of others, commercial loans and other extensions of c red i t ; and leasing personal or real property or acting as agent, broker or adviser in leasing such property and servicing such leases subject to a l l of the qual i f icat ions specified in 12 C.F.R. 225 .4 (a ) (6 ) (a ) and (b) where the leases serve as the functional equivalent of an extension of credit to the lessee of the property) at 2502 Rocky Point Road, Suite 695, Tampa, F lor ida, through i t s subsidiary, Cit icorp (USA), Inc. (11/2 /83) 3/

New York C i t icorp , New York, New York, requests permission to establish a de novo o f f i ce engaging in the following a c t i v i t i e s (providing securit ies brokerage services, related securit ies credit a c t i v i t i e s pursuant to the Board's Regulation T, and incidental a c t i v i t i e s where the brokerage services are restr icted to buying and se l l ing securi t ies solely for the account and on the order of customers, and do not include securit ies underwriting or dealing or investment advice or research services) at One Cit icorp Center, 153 East 53rd Street and 485 Lexington Avenue, both in New York, New York, through i t s subsidiary, Cit icorp Financial Services, Inc. (11 /4 /83) 3/

New York Ci t icorp , New York, New York, requests permission to establ ish a de novo o f f i c e engaging i n the f o l l ow ing a c t i v i t i e s (the making or acquiring of loans and other extensions of c r e d i t , secured or unsecured, f o r con-Sur*r and other purposes; the extension of loans to dealers for the financing of inventory [ f l o o r p lann ing ] and wording capital purposes; the purchasing and s e r v i e n t ; for i t s own account of sales f inance c o n t r a c t s ;

77 d f t X f ) no t i f i ca t ion processed by Reserve Bank on behalf of the N a r d of Governors und^r delegated author i ty .

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H , / , * * 1 -

Cf THE BUAPD - Continued

sa*e of credit related l i f e and accident and health .irarc^ >) licensed agents or brokers, as required; mating of loans to individuals and businesses

se ur^o * y a Men on mobile homes* modular units or re'a?cd manufactured housing, together with the real property to which such housing is or wi l l be permanently af f ixed, such property being used as security for the Mans; ard tme servicing, for any person, of loans and ether extensions of credit ) at 444 South Flower Street, Los Angeles, Cal i fornia, through i ts subsidiary, ( ' n c o r p Acceptance Company, Inc. (11/4/83) 2 /

Philadelphia FP&T Corporation, Hanover, Pennsylvania, n o t i f i -cation af intent to engage in de novo act iv i t ies rin consumer finance ac t i v i t i es , including the extension of direct loans to consumers, the discount of re ta i l and installment notes or contracts, the extension of direct loans to dealers for the financing of inventory (f loor planning); and acting as agent for the sale of l i f e , accident and health and physical damage insurance direct ly related to i ts extensions of credit ) at 5 North Hanover Street, Car l is le , Pennsylvania, through i ts subsidiary, Hanover *~onsurer discount Company (11/1/83) 3/

Cleveland Mellon National Corporation, Pittsburgh, Pennsylvania, not i f icat ion of intent to engage in de novo act iv i t ies (permissible data processing ac t iv i t i es , including providing to others data processing and transmission services, f a c i l i t i e s , data bases or access to such services, f a c i l i t i e s , or data bases by any technologically feasible means in accordance with Section 225.4(a)(8) of Regulation Y) at ?0 Wells /venue, Newton, Massachusetts and 5th Floor, 434 Broadway, New York, New York, through i ts sub-sidiary, Mel Ion Financial Services Corporation #1

43) ?/

GicNxna NC%B Corporation, Charlotte, North Carolina, noti-f ication of intent to engage in de novo act iv i t ies

ir fne sale at re ta i l of money orders having a facf value nf not more than ?1,000) in Waynesvilie, »#rfn fHrol;na: and Chesapeake, Grafton, Hampton,

%*ws, Norfolk* Petersburg, Portsmouth, < , * f o ! t R e a c h and Williamsburg, Virginia, t^rnugh i ts subsidiary, TransSouth Financial Corpora-t o r : 1 l / t / P 3 ) 3 /

77 37c (P) ra t i f i ca t ion processed by Reserve Bank on behalf of the ^narfi nf Tovernors <*nm.r delegated authority.

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

H . f , 19*3 Nn. 44 - 1 5 -

ACTI0N5 OF THE BOARD - Continued

Richmond Southern Bancorporation, I nc . , Greenv i l le , South Carol ina, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s (making extensions of c red i t as l icensed consumer finance lender; act ing as agent for c red i t l i f e and c red i t accident insurance w r i t t en in connection with such extensions of c r e d i t ; and act ing as agent for c red i t property insurance wr i t t en in connection with such extensions of c red i t ) at 100-b Fairground Road, Moncks Corner, South Carol ina, through i t s subsid iary , World Acceptance Corporation (11/2/83) 2 /

Chicago Marshall & I I1s ley Corporation, Milwaukee, Wisconsin, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( i n the o r i g i n a t i n g , acqu i r ing , se l l i ng and serv ic ing res iden t ia l and commercial mortgage loans for i t s own account or for the account of o thers , as well as making construct ion and development mortgage loans and per-forming such inc identa l a c t i v i t i e s necessary to conducting a mortgage banking business) at 11 West Main St ree t , Madison, Wisconsin, and the geographic scope w i l l be the 50 States of the United States, through i t s subs id iary , M & I Mortgage Company, Inc. (11/1/84)

St. Louis Lincoln County Bancorp., I n c . , Troy, Missour i , n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( i n act ing as agent for the sale of c red i t l i f e , accident and health insurance d i r e c t l y re la ted to i t s two subsidiary banks' extensions of c r e d i t ) these a c t i v i t i e s would be performed in the c i t i e s of Troy, Hawk Point and Win f ie ld , Missouri and the surrounding rural areas (11/4/83) 3V

St. Louis Meredosia Bancorporation, I nc . , Sp r ing f i e ld , I l l i n o i s , n o t i f i c a t i o n of i n ten t to engage In de novo a c t i v i t i e s (act ing as a broker in the sale of a l l types of insurance inc luding c red i t l i f e and c red i t accident and health insurance) these a c t i v i t i e s would be performed in Meredosia, I l l i n o i s and in Virden, I l l i n o i s , through i t s subsidiary banks, Farmers and Traders State Bank and Farmers and Merchants State Bank (11/3/83) 2 /

Kansas Ci ty Mountain States Financial Corporation, Albuquerque, New Mexico, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( to provide mortgage serv ic ing dut ies fo r F i r s t Federal Savings and Loan Associa-t i o n of Wilmette, a n o n a f f i l i a t e d company, requires by a contract between Federal National Mortgage

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

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

H.2, 1983 No. 44 - 16 -

ACTIONS OF THE BOARD - Continued

Kansas City

San Francisco

San Francisco

San Francisco

Associat ion and Evergreen Service, a previously a f f i l i a t e d company which was merged in to F i r s t Federal Savings and Loan Associat ion of Wilmette during 1982} these a c t i v i t i e s w i l l take place in New Mexico, Colorado, Texas and I l l i n o i s (11/4/83) 3/

Sunwest Financial Services, I nc . , Albuquerque, New Mexico, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n the s e l l i n g and underwri t ing of insurance l im i ted to assuring repayment of the outstanding balance due on spec i f i c extensions of c red i t by subsid iary banks in the event of the death, d i s a b i l i t y , or involuntary unemployment of the debtors) these a c t i v i t i e s would be conducted in the State of New Mexico, through i t s subs id iary , Sunwest Insurance Company (11/4/83) 3/

F i r s t I n te rs ta te Bancorp, Los Angeles, Ca l i f o rn i a , n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n provid ing management consul t ing advice concerning personnel operat ions, such as r e c r u i t i n g , t r a i n i n g , eva luat ion , compensation and re lated human resource a c t i v i t i e s , fo r n o n a f f i l i a t e d bank and nonbank depository i n s t i t u t i o n s ) at 707 Wi lsh i re Boulevard, Los Angeles, C a l i f o r n i a , serving the United States, through i t s subs id ia ry , F i r s t In te rs ta te I n s t i t u t e (11/5/83) 3/

Puget Sound Bancorp, Tacoma, Washington, n o t i f i c a -t i o n of i n ten t to engage in de novo a c t i v i t i e s ( i n the reinsurance of c red i t l i f e , accident and heal th insurance po l i c ies wr i t t en in connection wi th extensions of c red i t by App l icant 's sub-s i d i a r i e s ) conducting i t s a c t i v i t i e s in the State of Ar izona, through i t s subs id ia ry , Puget Sound L i fe Insurance Company (11/2/83) 2 /

Rainier Bancorporation, Sea t t le , Washington, n o t i f i c a t i o n of in ten t to expand de novo a c t i v i t i e s ( c r e d i t -re la ted property and casualty insurance) the geographic area to be served from the o f f i ces in Phoenix, Arizona and Santa Ana, C a l i f o r n i a , w i l l be the States of Alaska, Washington, Oregon, Ca l i fo rn ia Idaho, Ar izona, Montana, Wyoming, New Mexico, Texas, Oklahoma, Nebraska, Kansas and Hawaii and add i t i ona l l y

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

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

H.2, 1983 No. 44 - 17 -

ACTIONS OF THE BOARD - Continued

c r e d i t - r e l a t e d property insurance w i l l be of fered in the State of Nevada, through i t s subsidiary Rainier Credit Company (11/4/83) ZJ

• • • • •

Appl icat ion to the Board of Governors of the Federal Reserve System for Prior Approval of an Acqu is i t ion Pursuant to Section 5(b)

of the Bank Service Corporation Act , as Amended

Condi t iona l ly Approved At lanta Louisiana National Bank, Baton Rouge, Louisiana, fo r

approval to engage in the a c t i v i t y of underwr i t ing, as re insure r , c r e d i t l i f e and c red i t accident and health insurance through a subsidiary to be known as Louisiana Credit L i f e Insurance Company, Phoenix, Arizona.

^fcKR) not i f icat ion processed hy Reserve Bank on behalf of the Board of Governors under delegated authority.

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

H.2, 1983 No, -u - 18 -

APPLICATIONS RECEIVED

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

* Valley Community Bank, McMinnville, Oregon, to ra cisco effect a merger with Valley Community Interim

Bank, McMinnville, Oregon. 2/

* * * * *

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

San Valley Community Interim Bank, McMinnville, Oregon. f a c i sco

Philadelphia William Penn Bank, Philadelphia, Pennsylvania. 2/

St. Louis MidAmerica Bank and Trust Company of Alton, Alton, I I Mnois.

Kansas ci ty Mountain Industrial Bank, Montrose, Colorado. 2/

San Bank of Pleasanton, Pleasanton, California. 2/ Franc i sen

zppMcatiors and Notifications for International a*d father Actions Pursuant to Sections 25 and 25(a)

th* ff-rierai Reserve Act and Sections 4 ( c ) ( 9 ) , 4(c)(13) and 4(c) (14) "f Pa^k R id ing Company Act of 1956, as amended

* Sbawmut Corporation, Boston, Massachusetts: prior not i f icat ion of i ts intent to invest in Techexport, Inc . , Waltham, Massachusetts, an existing export trading company, through a de novo wholly owned subsidiary, Shawmut Export Corporation, Boston,

sachusetts.

+ * ri "^^ufacturers Hanover Corporation, New York, New York; : r»nr noT i f i ca t i nn of i t s in tent to make an addi t ional

^ Manufacturers Hanover Arrendamento ^ r c ] n : ? l F . : . , Janeiro, Brazi l , through the cmversi&r of outstanding loans.

i tat ion surject to Community Reinvestment Act. The Community fairs ( i c p r of the applicable Reserve Bank may be contacted

the comment period.

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

Z : ^ E ^ E I V E P - Continued

'ar / r<r Parcorp, Los Angeles* California: 4f&rfi<fr r - t " f i ca i ton of i ts intent to make an

"%>! nve<;tre^t in First Interstate Overseas, ?».* . \e*ner!anos Ant i l les.

*c f ( r " 3 ^ x ^ i r g Cmrpan} Pursuant to Section ^ of the *ank Holding Company Act of 1956

rrtTcr; tew Ha^psn Savings Bank Corp., Concord, New Hampshire, ?::r aiprnval to retain 100 percent of the voting shares of the Kew Hampshire Savings Bank, Concord, New Hampshire. ?/

corr. Lorain* Ohio, for approval to jcc* percent of the voting shares of The

"a:" %aUorat Bank, Lorain, Ohio. ?/ # j

: fw-nr r %crf**(,ast Pancorp, Inc. , Wilmington, Delaware, for tg acquire AO percent of the voting shares Kat^ona? Pank of North Fast, North East,

*ar,^a"3. / /

" - mqc

^Nres : f ^

< t: Pank^nares, Inc. , Aurel ia , Iowa, for K- acquire ?0 percent or more of the voting

' Tre First ~rusc & Savings Bank, Aurelia,

snares, f r i . , c Inwoo^, I l l i n o i s , for a; „ * c % * - :o ; -rcent j r r^re of the voting s* .rf ,t*- f a k , ^ *1, I l l i n o i s . 2/

. ,;c ^vr; w?rrrr^e% Iowa, tor j": r a c »*rre' L nr ure of the voting

if:: f :rant< Bank, Winterset,

"curp, Inc . , 'taiesbwy, I l l i n o i s , for - hf - permit of voting shares

" / _ <nar^s' of tne successor ' - f.c 3 A f , ; Ndt iona I Pank and Trust ' - n %. p/

* * : ( "

^ * f 1 , * * !f , ' f , C? » r + * I

r* r*ay : , r /

r :ommun i ty rnntacted

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

H.2, 1983 No. 44 - 20 -

APPLICATIONS RECEIVED - Continued

St. Louis

St . Louis

St. Louis

St. Louis

Kansas City

Dei las

Be Has

San Francisco

Adamsville Bancorp, Inc .* Adamsvil1e, Tennessee, for approval to acquire 100 percent of the voting shares of the successor by merger to Bank of Adams-v i l l e , Adamsville, Tennessee. 2 /

County Bancorporation, I n c . , Jackson, Missour i , for approval to acquire 100 percent of the vot ing shares of the successor by merger to Cape County Bank, Jackson, Missour i . 2/

McKenzie Bancshares, I n c . , McKenzie, Tennessee, for approval to acquire at least 80 percent of the vot ing shares of McKenzie Banking Company, McKenzie, Tennessee. 2/

Sharp Bancshares, I n c . , Cave C i t y , Arkansas, fo r approval to acquire at least 80 percent of the vot ing shares of Bank of Cave C i t y , Cave C i t y , Arkansas. 2/

F i d e l i t y Kansas Bankshares, I nc . , Topeka, Kansas, for approval to acquire at least 94 percent of the vot ing shares of F i d e l i t y Bankshares, I nc . , Topeka, Kansas, and i n d i r e c t l y acquire at least 5 percent of the vot ing shares of F i d e l i t y State Bank and Trust Company, Topeka, Kansas.

Knox Ci ty Bancshares, I nc . , Knox C i t y , Texas, for approval to acquire 100 percent of the vot ing shares o f The Ci t izens State Bank, Knox C i t y , Texas. JV

T N Bancshares, I nc . , El Paso, Texas, for approval to acquire at least 80 percent of the vot ing shares o f Texas National Bank, El Paso, Texas. 2/

Val ley Community Bancorp, McMinnvi l le, Oregon, for approval to acquire 100 percent of the vot ing shares of Valley Community Bank, McMinnvi l le, Oregon. 2/

* * * * *

2 / App l ica t ion subject to Community Reinvestment Act . Ine Community A f f a i r s O f f i ce r o f the appl icable Reserve Bank may he contacted as to the length of the comment per iod.

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

H .2 , 1983 No. 44 - 21 -

APPLICATIONS RECEIVED - Continued

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

Ph i lade lph ia NCB F inanc ia l Corpora t ion , Wi11iamsport, Pennsylvania, f o r approval t o acquire 100 percent of the vo t ing shares o f Tr i -County National Bank, Middleburg, Pennsylvania. 2/

Atlanta DeLand Development Corporation, DeLand, F l o r i d a , fo r approval to acquire up to 16 1/4 percent of the voting shares of DeLand State Bank and T rus t , DeLand, F l o r i d a . 2/

Minneapolis Borreson Investments, I n c . , Westbrook, Minnesota, f o r approval t o acquire 96 percent of the vo t ing shares of Darfur Bancshares, I n c . , Dar fu r , Minnesota, and indirectly acquire State Bank of Da r fu r , Darfur, Minnesota. 2/

Kansas C i ty F i r s t Pancshares, Incorporated, B a r t l e s v i l l e , Oklahoma, f o r approval to acquire 100 percent of the vo t ing shares of Exchange National Bank, Tulsa, Oklahoma. 2/

Kansas Ci ty Locust Grove Banshares, I n c . , Locust Grove, Oklahoma, f o r approval to acquire at leas t 93.9 percent of the vo t i ng shares of Bank of Commerce, Chouteau, Okl ahoma. 2]

Dal las F i r s t Winters Holding Company, Winters, Texas, f o r approval to acquire at leas t 80 percent of the vo t ing shares of The Secur i ty State Bank, Wingate, Texas. 2/

Dal las North Texas Bancshares, I n c . , Fort Worth, Texas, f o r approval to acquire 100 percent of the vot ing shares of Hurst National Bank, Hurst , Texas, a proposed new bank. 2J

Dallas Southwest Bancshares, I n c . , Houston, Texas, fo r approval to acquire 100 percent of the vot ing shares o f Southwest Texas Bankers, I n c . , San Antonio, Texas, and i n d i r e c t l y San Antonio Bank i Trust Co., San Anton io , Texas; State Bank of K i n g s v i l i e , K i n g s v i l i e , Texas; and Sabinal Bank, Sabinal , Texas. 2]

2] App l i ca t i on subject to Community Reinvestment Ac t . The Community ~~ A f f a i r s O f f i c e r of the app l i cab le Reserve Bank may be contacted

as to the length o f the comment pe r iod .

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

H.2, ,983 No. 44 - 2 2 -

APPLICATIONS RECEIVED - Continued

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

San Western Commercial, Fresno, C a l i f o r n i a , for approval Francisco to acquire 100 percent of the vot ing shares of

Continental Bancorp, Fresno, Ca l i f o rn ia and i n d i r e c t l y Continental National Bank, Fresno, Cal i f o rn i a . 2/

* * * * *

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

Boston Fleet Financial Group, I nc . , Providence, Rhode Is land, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( ( i ) consumer f inance and ( i i ) insurance agency a c t i v i t i e s for the sale of c red i t - r e l a ted l i f e and accident and health insurance) at 6414 Copps Avenue, Madison, Wisconsin, serving the Wisconsin counties of Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Je f ferson, Lafayet te, Richland, Rock, Sauk, and Vernon, through i t s subs id iary , Fleet Mortgage Corp. (10/31/83)

Boston Fleet Financial Group, I n c . , Providence, Rhode Is land, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( ( i ) consumer f inance and ( i i ) insurance agency for the sale of c red i t l i f e and c red i t accident and health insurance re lated to an extension of c red i t ) at 2211 East Clairemont Avenue, Eau C la i re , Wisconsin, serving the counties of Ashland, Barron, Bay f ie ld , Bu f fa lo , Burnet t , Chippewa, Clark, Douglas, Dunn, Eau C la i re , I ron, Jackson, Juneau, La Crosse, Monroe, Pepin, Pierce, Polk, Pr ice, Rusk, St . Croix, Sawyer, Taylor, Trempealeau, Washburn and Wood in Wisconsin, through i t s subs id ia ry , Fleet Mortgage Corp. (10/31/83)

Boston New Hampshire Savings Bank Corp., Concord, New Hampshire f o r approval to ( i ) re ta in New England Financial Resources, I nc . , Avon, Connecticut and Peal Estate Consultants of New England, I n c . , Concord, New Hampshir both of which are nonbanking subsid iar ies of New Hamp-sh i re Savings Bank Corp., and ( i i ) Consul t i ng and

2/ App l ica t ion subject to Community Reinvestment Act . The Community A f f a i r s O f f i ce r of the appl icable Reserve Bank may he contacted as to the length of the comment per iod .

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

H.2, 1993 No. ^ 2 3 -

APPLICATIONS RECEIVED - Continued

Systems Management Corporat ion, Concord, New Hampshire; W-E Management Company, Concord, New Hampshire; New England Capital Corporation, Avon, Connecticut; and POCKETBANK, Inc. , a l l of which are nonbanking subsid iar ies of New Hampshire Savings Rank.

New York The Chase Manhattan Corporat ion, New York, New York, requests permission to es tab l i sh a de novo o f f i c e engaging in the fo l lowing a c t i v i t i e s (making or acqui r ing for i t s own account and for the account of o thers , loans and other extensions of c r e d i t , both secured and unsecured inc lud ing , but not l im i ted t o , consumer and business l ines of c r e d i t , ins ta l lment loans for personal, household and business purposes and mortgage loans secured by real proper ty ; serv ic ing loans and other extensions of c r e d i t ; and acting as insurance agent for c red i t l i f e insurance and c red i t accident and health insurance direct ly re la ted to such lending and serv ic ing a c t i v i t i e s ) at Executive PI ace, 4521 South Hulen, Fort Worth, Texas, through i t s subsidiary, Chase Manhattan Financial Services, Inc. (11/1/83)

New York C i t i co rp New York, New York, requests permission to es tab l i sh two de novo offices engaging in the fo l lowing a c t i v i t i e s ( the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, fo r con-sumer and other purposes; the sale of c red i t - r e l a ted l i f e and accident and health insurance by l icensed agents or brokers, as required; the sale of consumer or iented f i nanc ia l management courses; the se rv ic ing , for any person, of loans and other extensions of c r e d i t ; the making, acquiring, and serv ic ing , fo r i ts own account and for the account of o thers , of extensions of credit to i nd iv idua ls secured by l i ens on res iden t ia l or non-res ident ia l real es ta te ; and the sale of mortgage l i f e and mortgage d i s a b i l i t y insurance direct ly related to extensions of mortgage loans) at 202 Midland Ma l l , Bald H i l l Road and East Avenue* Warwick, Rhode Island, through i t s subs id ia r ies , Citicorp Person-to-Person Financial Center, Inc . , (Delaware) and Citicorp Homeowners, Inc. (11/4/83)

* w York Franklin Bancorp, Somerset, New Jersey, requests per-mission to establish a de novo o f f i c e engaging in the following act iv i t ies (providing discount brokerage services) at 630 Franklin Boulevard, Somerset, New Jersey, through i t s subs id iary , Franklin Brokerage Services Corp. (11/3/83)

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

H.2, 1983 N0, 44 - 2 4 -

APPL1CATIHNS PFCEIVED - Continued

New York

Philadelphia

Philadelphia

Richmond

Atlanta

a lanta

Manufacturers Hanover Corporation, New York, New York, for approval to engage through i ts wholly-owned subsidiary, Manufacturers Hanovc^ Futures^ Inc . , in executing and clearing on certain ^jnmodity exchanges certain futures contracts and opciins on futures con-t r a c t s , and providing futures advisory services.

Corestates Financial Corp., Philadelphia, Pennsylvania, no t i f i ca t ion of intent to engage in de novo ac t i v i t i es ( in the or iginat ion of FHA, VA and conventional resident ia l mortgage loans and second mortgage loans) at 1612 Prosser Avenue, Suite 310, Dayton, Ohio, the proposed new o f f ice wi l l conduct the foregoing a c t i v i t i e s in the States of Ohio, Kentucky and Pennsylvania, through i t s subsidiary, Colonial Mortgage Service Company Associates, Inc. (11/4/83)

Fidelcor, I n c . , Rosemont, Pennsylvania, not i f icat ion of intent to engage in de novo a c t i v i t i e s ( to engage in foreign currency options brokerage ac t i v i t i es on the Philadelphia Stock Exchange) at 123 South Broad Street , Philadelphia, Pennsylvania, serving customers throughout the Unites States and abroad, through i t s subsidiary, Fidelcor Trading Inc. (10/25/83)

F i rs t Union Corporation, Charlotte, North Carolina, for approval to acquire 100 percent of the voting shares of Ois-Com Securi t ies, Inc . , Hallandale, Flor ida.

F i rs t Bancgroup-Alabama, Inc . , Mobile, Alabama, n o t i f i -cation of intent to engage in de novo a c t i v i t i e s (acting as insurance agent or broker in the of f ices of The Fi rst National Bank of Russe l lv i l le , a sub-sidiary of the holding company; the type of insurance offered w i l l be property damage insurance, spec i f i ca l ly , vehicular single interest insurance, a l l insurance sold w i l l he d i rec t ly related to extensions of credi t ) these a c t i v i t i e s w i l l be performed in the c i ty of Pusse l l v iHe , and in the surrounding area of Franklin County, Alabama, through i t s subsidiary, FBG Insurance Agency, Inc. (11/1 /83)

Pickens County Bancshares, Inc . , Jasper, Georgia, no t i f i ca t ion of intent to engage in de novo a c t i v i t i e s ( to engage in the sale of general insurance in a town with a population not exceeding 5,nnn) at 606 Church Street , Jasper, Georgia, and the surrounding area encompassing Pickens bounty H l / 2 / ? 3 ;

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

H*2, 1983 N0. 44 - 2 5 -

APPLICATIONS RECEIVED - Continued

St, Louis

St. Louis

Dallas

San Francisco

San Francisco

Bancshares of Hayti* Inc.* Hay t i , Missour i , 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 ( to engage in the sale of general insurance in a town with a populat ion not exceeding 5,000) these a c t i v i t i e s would be performed in the Ci ty of Hayt i , Missouri and the surrounding rura l area (10/31/83)

Sharp Bancshares, I n c . , Cave C i t y , Arkansas, for approval to engage d i r e c t l y in real estate apprais ing.

Hugo Bankshares, I n c . , Hugo, Oklahoma, 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 (engaging direct ly in making or acqui r ing for i t s own account, loans and other extensions of c red i t on a secured or unsecured bas is , such as may be made by a bank, mortgage company or f inance company, inc lud ing loans secured by mortgages, inventory , accounts receivable or other assets; these loans may include pa r t i c i pa t i ons in commercial and consumer loans from company's subsidiary bank, Securi ty F i r s t National Bank, Hugo, Oklahoma) these a c t i v i t i e s would be conducted in the State of Oklahoma (11/2/83)

BankAmerica Corporat ion, San Francisco, Ca l i f o rn i a , n o t i f i c a t i o n of i n ten t to engage in de novo a c t i v i t i e s ( i n the a c t i v i t i e s of secur i t i es brokerage, cons is t ing p r i n c i p a l l y of buying and s e l l i n g secur i t ies so le ly upon the order and for the account of customers, and of extending margin c red i t in conformity wi th Regulation T) at One Oakbrook Terrace, Oakbrook, I l l i n o i s , and 800 F i f t h Avenue # 1 0 1 , Sea t t le , Washington, serving a l l f i f t y States and the D i s t r i c t of Columbia, through i t s subs id ia ry , Charles Schwab & Co., Inc. (11/5/83)

TRABANC, Salt Lake C i t y , Utah, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n the leasing of personal property and re lated a c t i v i t i e s normally inc identa l thereto) at 107 South Main St reet , Salt Lake C i t y , Utah, serving Utah, Idaho and Wyoming, through i t s subs id iary , TRALEASE (11/1/83)

* * * * *

i

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

H.2, 1983 No. 44 - 26 -

APPLICATIONS RECEIVED - Continued

REPORTS RECEIVED

Registration Statement Filed Pursuant to Section 12(g) of the Securities Exchange Act

The Bank of Alexandria Alexandria, Virginia

* * * * *

PETITIONS FOR RULEMAKING

None.

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