h2_19830101.pdf

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H .2, 1983 No. 1)

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

Received During t h e Week Ending January 1, 1983

APPLICABLE RESERVE BANK

New York

Minneapolis

ACTIONS OF THE BOARD

The Federal Reserve Board has approved a program t o a c c e l e r a t e t h e c o l l e c t i o n of checks by t h e Federal Reserve System.

Regula t ions D and Q, number of t e c h n i c a l r e v i s i o n s concerning r e s e r v e s of depos i t o ry i n s t i t u t i o n s (D) and i n t e r e s t on d e p o s i t s (Q) t o conform t h e r e g u l a t i o n s t o r u l e s adopted by t h e Depository I n s t i t u t i o n s Deregula t ion Committee. (Docket No. R-0444)

Regulat ion D, adopt ion of amendment in f i n a l form d e f i n i n g as t r a n s a c t i o n accounts t ime d e p o s i t s i s sued in connect ion with an agreement p e r m i t t i n g t h e d e p o s i t o r t o ob ta in c r e d i t by check or s i m i l a r dev ices f o r t h e purpose of making payments or t r a n s f e r s t o t h i r d p a r t i e s . (Docket No. R-0424)

Regula t ion L* amendment c l a r i f y i n g t h e c i rcumstances under which c e r t a i n i n t e r l o c k s among depos i to ry i n s t i t u t i o n s may be cont inued u n t i l 1988.

Revised f e e schedule f o r book e n t r y s e c u r i t i e s s e r v i c e s {computer record ing of government s e c u r i t i e s and r e l a t e d wire t r a n s f e r s ) ; comment reques ted by February 13, 1983.

Form FR 2900, r ev i sed forms t o c o l l e c t in format ion on Super NOW and Money Market Deposit Accounts.

Issuance of a subord ina ted c a p i t a l note by I rv ing Trust Company, New York, New York. J_/

Prepayment of o u t s t a n d i n g no tes by the Montana Bank of B i l l i n g s , B i l l i n g s , Montana. 1_/

1J App l i ca t i ons processed on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .

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

H.2, 1983 No. 1 2 -

ACTIONS OF THE BOARD - Continued

Chicago

At l an t a

A t l an t a

S t . Louis

At lan ta

S t . Louis

Kansas City

At l an ta

Kansas City

Prepayment of a c a p i t a l note by t h e F i r s t Trust & Savings Bank of Kankakee, Kankakee, I l l i n o i s . _!/

Great American Bank of Tampa, Tampa, F l o r i d a , an investment in bank p remises . J /

C i t i z e n s and Southern T r u s t , Savannah, Georgia, ex tens ion of t ime t o February 20, 1983, wi th in which t o d i spose of sha res of F i r s t National Bank of Wauchula, F l o r i d a . J /

Dale Bancorp, I n c . , Dale , Ind iana , ex tens ion of t ime t o April 5, 1983, w i 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 the successor by merger t o The Dale S t a t e Bank, Dale , Ind iana . J_/

F i r s t Bankshares , I n c . , Marianna, F l o r i d a , ex tens ion of t ime t o April 6 , 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 t h e F i r s t Bank of Marianna, Marianna, F l o r i d a . ]_/

Landmark Bancshares Corpora t ion , C lay ton , Missour i , ex t ens ion of t ime t o February 3, 1983, wi th in which t o a cqu i r e Landmark Bank of S t . Louis , National A s s o c i a t i o n , S t . Louis , Missour i , a proposed de novo bank. V

Pioneer Bancorpora t ion , I n c . , Denver, Colorado, ex tens ion of t ime t o March 22, 1983, wi th in which t o a cqu i r e Ci ty Center National Bank, Aurora, Colorado. J_/

Qual i ty F inanc ia l Se rv ices Corpora t ion , Alexandr ia , Tennessee, ex tens ion of t ime t o March 28, 1983, wi th in which t o become a bank holding company through a c q u i s i t i o n of DeKalb County Bank and Trust Company, Alexandr ia , Tennessee. J_/

R i f l e Bank Agency, I n c . , R i f l e , Colorado, ex tens ion of t ime t o March 22, 1983, wi th in which t o acqu i r e F i r s t National Bank in Parachu te , Parachute , Colorado. 1/

]_/ Appl ica t ion processed on behalf of t h e Board of Governors under de lega ted a u t h o r i t y .


#*.2, 1983 No. 1 - 3 -


S t . Louis

Boston

At l an ta

Boston

Richmond

Atlana

New York

Dal l a s

Chicago

S t . Louis

Southwest I l l i n o i s Bancshares , I n c . , C o u l t e r v i l l e , I l l i n o i s , ex tens ion of t ime t o Apri1 18, 1983, w i 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 t he successor by merger t o The F i r s t National Bank of Cou' . ter-v i l l e , C o u l t e r v i l l e , I l l i n o i s . J 7

S t a t e S t r e e t Boston Corpora t ion , Boston, Massachuse t t s , ex tens ion of t ime t o April 10, 1983, wi th in which t o a c q u i r e through a purchased stock opt ion 16.6 pe rcen t of t h e vo t ing sha res of Worcester Bancorp, I n c . , Worces ter , Massachuse t t s . \J

United American of Northwest F l o r i d a , I n c . , Pensacola , F l o r i d a , ex tens ion of t ime t o April 5, 1983, wi th in which t o become a bank holding company through a c q u i s i t i o n of F i r s t S t a t e Bank of Pensaco la , Pensacola , F l o r i d a . \J

Vermont F inanc ia l Serv ices Corp . , B r a t t l e b o r o , Ver-mont, ex tens ion of t ime t o February 5, 1983, w i 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 Vermont National Bank, B r a t t l e b o r o , Vermont. ]_/

Bank of Romney, Romney, West V i r g i n i a , an investment in bank p remises . J J

Lawrence County Bank, Lawrenceburg, Tennessee, an investment in bank premises . V

Morgan Guaranty I n t e r n a t i o n a l Finance Corpora t ion , New York, New York, ex tens ion of t ime t o January 26, 1984, wi th in which t o complete i t s a d d i t i o n a l investment in sha res and subord ina ted debt of Saudi I n t e r n a t i o n a l Bank, London, England. 1/

RepublicBank - T y l e r , T y l e r , Texas, an investment in bank p remises . \ j

Warren Bank, Warren, Michigan, an investment in bank p remises . ]_/

Cass Bank & Trust Company, S t . Louis , Missour i , p ro -posal t o merge with Tenth and Olive Bank, S t . Louis , Missour i ; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . 1/

T7 App l i ca t i on processed on behalf of t h e Board of Governors under de l ega ted a u t h o r i t y .


H 2, 1983 No. 1 - 4 -


A t l a n t a

S t . Louis

Richmond

At lan ta

A t l a n t a

A t l an t a

Richmond

Richmond

El l i s National Bank of P ine l la s County, S t . P e t e r s b u r g , F l o r i d a , proposed merger with El l i s F i r s t Park Bank, P i n e l l a s Park , F l o r i d a ; r e p o r t t o t h e Comptrol ler of t h e Currency on c o m p e t i t i v e f a c t o r s . 1 /

F i r s t American National Bank, North L i t t l e Rock, Arkansas , proposal t o purchase and assume Arkansas Federal Savings and Loan A s s o c i a t i o n , North L i t t l e Rock, Arkansas ; 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 . V

F i r s t National Bank in Fairmont , Fairmont , West V i r g i n i a , proposed merger with F i r s t National In te r im Bank in Fairmont , Fai rmont , West V i r g i n i a , a proposed new bank; r e p o r t t o t h e Comptrol ler of t h e Currency on c o m p e t i t i v e f a c t o r s . ] /

Lakeside National Bank of Lake C h a r l e s , Lake Cha r l e s , Lou i s i ana , proposed merger with New Lakeside National Bank, Lake Cha r l e s , Lou i s i ana ; r epo 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

Mall Bank, West Palm Beach, F l o r i d a , proposed merger with F i r s t S t a t e Bank of West Palm Beach, West Palm Beach, F l o r i d a ; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . J /

Met ter Banking Company, Met t e r , Georgia , proposed merger with Metter Temporary, I n c . , Met t e r , Georgia; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . 1 /

Mountaineer National Bank, Morgantown, West V i r g i n i a , proposed merger with Community Bank and T r u s t , N.A., West V i r g i n i a ; r e p o r t t o t h e Comptrol ler of the Currency on compe t i t i ve f a c t o r s . J /

P l a n t e r s National Bank and Trus t Company, Rocky Mount, North C a r o l i n a , proposed merger with In te r im P l a n t e r s National Bank, Rocky Mount, North C a r o l i n a , a proposed new bank; 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 . 1/

TJ App l i ca t i on processed on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No. 1 - 5


Chicago Secur i t y Savings Bank, MarshalItown, Iowa, p ro-posed merger with SSB In ter im S t a t e Bank, MarshalI town, Iowa, under t h e c h a r t e r and t i t l e of Secu r i t y Savings Bank; 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 . 1/

Dallas Texas Commerce Bank-Lockwood, N.A., Houston, Texas, proposed merger with Lockwood National Bank of Houston, Houston, Texas; 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 . 1/

San Francisco

Dal las

Dal las

T r i - C i t i e s Savings & Loan A s s o c i a t i o n , Kennewick, Washington, proposed purchase of t h e Yakima, Richland and Walla Walla branches of United Mutual Savings Bank, Tacoma, Washington; r epo r t t o t h e Federal Deposit Insurance Corporat ion on c o m p e t i t i v e f a c t o r s . \J

Uvalde Bank, Uvalde, Texas, proposed merger with In ter im Uvalde Bank, Uvalde, Texas; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on c o m p e t i t i v e f a c t o r s . J /

Winters S t a t e Bank, Win te r s , Texas, proposed merger with New Winters S t a t e Bank, Winters , Texas; r e p o r t t o t h e Federal Deposit Insurance Corporat ion on compe t i t i ve f a c t o r s . 1/

77 A p p l i c a t i o n processed on behalf of t he Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No.

Chicago

Chicago

Chicago

Chicago

- 6 - w


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

Approved Chemical Bank and Trust Company, Midland, 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 I n t e r n a t i o n a l Headquarters of the Dow Chemical Company, 2030 Dow Cen te r , Midland, Michigan. ]_/

Warren Bank, Warren, Michigan. To e s t a b l i s h a branch a t 23130 Dequindre Road, Warren, Michigan.

C i t i z e n s Bank & Trus t Company, Park Ridge, I l l i n o i s . To e s t a b l i s h an ATM a t Thompson's Finer Foods, 901 Touhy Avenue, Park Ridge, I l l i n o i s . ] /

C i t i z e n s Bank & Trust Company, Park Ridge, I l l i n o i s . To e s t a b l i s h an ATM at Lutheran General H o s p i t a l , 1775 Dempster S t r e e t , Park Ridge, I l l i n o i s . 1/

* * * * *

Issued In t en t Not t o Disapprove Change of Control Pursuant t o Change in Bank Control Act of 1978

Not Disapproved S t . Louis General Bancshares Corpora t ion , S t . Louis , Missouri ,

Minneapolis S t . James Bancorp . , I n c . , S t . James, Minnesota. J /

Minneapolis Bridger Company, Wayzata, Minnesota. J_/

Minneapolis Made!ia Bancshares , I n c . , Madelia, Minnesota. ]_/

Dallas C i t i z e n s National Bancshares , I n c . , Oklahoma C i ty , Oklahoma. 1/

* * * * *

2 / App l i ca t ion 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 .


H.2, 1983 No. * ^

ACTIONS OK THE BOARD - Continued

App l i ca t ions 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 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

Sixty-Day N o t i f i c a t i o n Period Allowed t o Expire San Bank of America N.T. & S.A. , San F r a n c i s c o , C a l i -F ranc i sco f o r n i a : 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 Norco Financia l Serv ices Limi ted , Toronto, Canada.

San BankAmerica Corpo ra t i on , San F ranc i sco , C a l i f o r n i a : F ranc i sco 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

BA Finance (Hong Kong) Ltd.

San Bank of America N.T. & S .A . , San F ranc i s co , C a l i -Franc i sco f o r n i a : no o b j e c t i o n t o make an a d d i t i o n a l i n v e s t -

ment in FinanceAmerica Real ty Limited, Toronto, Canada.

* * * * *

To Form a Bank Holding Company Pursuant t o Sect ion 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956

Withdrawn S t . Louis Sa l ine Bancorp, I n c . , Ha r r i sbu rg , I l l i n o i s , f o r

approval t o a c q u i r e 81.16 percen t of t h e vot ing sha res of Bank of Ha r r i sbu rg , Har r i sbu rg , 111 i n o i s .

Approved Boston Kingswood Bank-Corp. , Wolfeboro, New Hampshire,

f o r approval t o a cqu i r e a t l e a s t 80 percen t of t he vot ing sha res of Kingswood Trust & Savings Bank, Wol f e b o r o , New Hampshire. ]_/

Cleveland F i r s t Commerce Bancorp, I n c . , Eubank, Kentucky, 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 The F i r s t S t a t e Bank, Eubank, Kentucky. 1/

1 / App l i ca t ion 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 .


H.2* 1983 %o. ^

AC J 'Uf, ^ ^ ^cnt 'nueO

Ri ^ «:u. y**n i d h w i f , : -: . . Berkeley Springs, West ^ *vul :o acquire 80 percent

^ . .r ^ 'y;c /O'Jny snare: of Morgan County " + \ . v t : springs , W <̂t Virginia . 2 /

A i i s f i . : .c* cf n H o r i a a , Inc . , Homestead, "x/ ,,: ^ ~ oval ;o a c q u n e at l ea s t 80

voting shares of Community Bank : % x ?. homestead, F l o r i d a .

/ . ua'«ci A, Tennessee, for approval i — y leobC MO percent prior to d i s s o l u t i o n

f Trust Company, Gal la t in , - \ , at l e c s t 80 percent of the voting

.7 rs t unu Peoples National Bank, - j - , l ennessee; and 47 percent of the voting

c" dinners and Merchants Bank, Bethpage, i ''

Corporation, Magee, M i s s i s s i p p i , ..., - v , . tu JcyUi re at l e a s t 80 percent of the

. m i " ; 1 df:K of Simpson County, Magee,

At r \ i- * nanLsha^es, Inc . , Decatur, Tennessee, vvai tu acquire ot l e a s t 80 percent of the

, ,)f Meiys County Bank, Decatur, t.' ncs See. I /

Atlanta X r k i h a r ^ : , M c . , West Palm Beach, Florida, for rwv;« to acquire 100 percent of the voting shares

x . i i r^nk, West Palm Beach, Florida. ] /

rr i r : k i, \ i : r " Te^/ony, R a d c l i f f e , Iowa, for acquire at l e a s t 82 .8 percent of the

..;i^r.; ^ro^es uf Security State Bank, R a d c l i f f e , *(/A il * ( /

Ch d : j | i uu::L e s , Inc . , Glen El lyn, I l l i n o i s , for j^pru ui iu acquire 100 percent of the v o t i n g s h a r e s

int suvcessor by merger to Du Page Bank & irust roMpnny, ;%ler El lyn, I l l i n o i s . ] /

^hKaju :z W u H w l Corporation, S h e l b y v i l l e , Indiana, . r.,_<r'ire 100 percent of the voting

-»--.cr by merger to The Farmers , x ^ . rc-» of ^ne^byvi H e , Snelbyvi l i e , Indiana. ]_/

1 7 " " : : , ' : ',T -iw Hoard :)f .Governors under


H.2, 1983 No. 1 - 9 -


Chicago

Chicago

Chicago

Chicago

S t . Lou i s

S t . Louis

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

Guthr ie County Bancshares , I n c . , Guthr ie Cen te r , Iowa, f o r approval t o a c q u i r e 97.5 percen t of t h e vot ing sha re s of Guthr ie County S t a t e Bank, Guthr ie C e n t e r , Iowa. _!/

Metro Bancorpora t ion , Water loo, Iowa, f o r approval t o a c q u i r e 100 pe rcen t of t h e vot ing shares of t h e succes so r by merger t o The Waterloo Savings Bank, Water loo, Iowa. ]_/

Pomeroy Bancorpora t ion , Pomeroy, Iowa, 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 re s of Pomeroy S t a t e Bank, Pomeroy, Iowa. J_/

West Branch Bancorp, I n c . , West Branch, Iowa, 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 s h a r e s of West Branch S t a t e Bank, West Branch, Iowa. ]_/

Morgantown Deposit Bancorp, I n c . , Morgantown, Kentucky, f o r approval t o a c q u i r e 100 percen t of t h e vo t ing s h a r e s of t h e succes so r by merger t o Morgantown Deposit Bank, Morgantown, Kentucky. J_/

SBC Financ ia l Corp . , Como, M i s s i s s i p p i , f o r approval t o a c q u i r e 100 pe rcen t ( 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 and four o u t - o f - s t a t e s h a r e s ) of the succes so r by merger t o S t a t e Bank of Como, Como, M i s s i s s i p p i . \J

F i r s t of Minden F inanc ia l Corpora t ion , L inco ln , Nebraska, f o r approval t o a c q u i r e a t l e a s t 60 pe rcen t of t h e vot ing s h a r e s of The F i r s t National Bank of Minden, Minden, Nebraska. J_/

GN Bankshares , I n c . , G i r a r d , Kansas, f o r approval t o a c q u i r e a t l e a s t 61.67 pe rcen t of the vo t ing sha res of The Girard National Bank, G i r a rd , Kansas. 1_/

Kaw Valley Bancshares , I n c . , Kansas 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 88.42 percen t of t h e vo t ing sha re s and 99.80 pe rcen t of t h e con-v e r t i b l e deben tures of Kaw Valley S t a t e Bank S T r u s t , Kansas C i t y , Kansas. 1/

T7 App l i ca t i on processed on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No.

Kansas Ci ty

Dal las

Da l las

Dallas

Dallas

San Franc i sco

- 1 0 - W


Pueblo Bancorpora t ion , Pueblo, Colorado, f o r approval t o a c q u i r e a t l e a s t 95 percent of t h e vot ing shares of The Pueblo Bank and Trust Company, Pueblo, Colorado. ]_/

Athena Bancshares Corpora t ion , Pampa, Texas, f o r approval t o a cqu i r e a t l e a s t 80 percent of the vot ing sha re s of Pampa Bancshares , I n c . , Pampa, Texas, and i n d i r e c t l y a c q u i r e 98.5 percent of t he vo t ing shares of C i t i z e n s Bank and Trust Company, Pampa, Texas. J /

F i r s t Community Bancshares , I n c . , Houston, Texas, f o r approval t o a c q u i r e 85.078 percen t of t h e vot ing sha res of The F i r s t National Bank of K i l l e e n , K i l l e e n , Texas; 80.027 percen t of t h e vot ing shares of Fort Hood National Bank, Fort Hood, Texas; and 96.45 percen t of t h e vo t ing sha res of American Bank, Con r o e , Texas. ]_/

F i r s t Dumas Bancshares , I n c . , Dumas, Texas, f o r approval t o a cqu i r e a t l e a s t 80 percen t of t he vo t ing sha res of The F i r s t National Bank of Dumas, Dumas, Texas. J /

Groos F inanc ia l Corpora t ion , San Antonio, Texas, f o r approval t o a cqu i r e 100 percen t of the vot ing shares of Groos Bank, N.A., San Antonio, Texas. \J

Auburn Bancorp, Auburn, C a l i f o r n i a , f o r approval t o acqu i r e 100 percen t of t he vot ing shares of Auburn Bank of Commerce, N.A., Auburn, C a l i f o r n i a , a proposed new bank. 1/

* * * * *

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

Approved At lan ta F i r s t Bankers Corporat 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 h e vot ing shares of National Trust Bank of F l o r i d a , S t . P e t e r s b u r g , F l o r i d a . 1/

TJ App l i ca t ion 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 .


H.2, 1983 No. 1 w - n -


San F i r s t I n t e r s t a t e Bancorp, Los Angeles , C a l i f o r n i a , F ranc i sco 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 F i r s t I n t e r s t a t e Bancard Company, N.A., Conoga Park, C a l i f o r n i a , a proposed new bank. 1/

* * * * *

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

Returned At l an ta Community Bank of South F l o r i d a , I n c . , Homestead,

F l o r i d a , f o r approval t o a c q u i r e vo t ing shares of CBH Insurance Corpora t ion , Homestead, F lo r ida and F inanc ia l Processors I n c . , Miami, F l o r i d a . 1/

Approved Chicago Drake Holding Company, I n c . , R a d c l i f f e , Iowa,

f o r approval t o engage in general insurance a c t i v i t i e s in R a d c l i f f e , Iowa, a community with a popu la t ion of l e s s than 5 ,000. 1 /

Reac t iva ted Dal las Andrews Bancshares , I n c . , Andrews, Texas, and

Andrews Financia l Corpora t ion , 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 ( t o engage in making l e a s e s of personal p roper ty in accordance with t he Board 's Regulat ion Y) a t 111 West Broadway, Andrews, Texas, se rv ing Texas (12/30/82) 3/

Permi t ted Boston UST Corp . , Boston, Massachuse t t s , 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 con t inue t o engage in investment advisory a c t i v i t i e s and f i n a n c i a l p lanning s e r v i c e s , i nc lud ing ana lyz ing and recommending a p p r o p r i a t e i nves tmen t s , f u r -n i s h i n g general economic in fo rma t ion and a d v i c e , f u r n i s h i n g s t a t i s t i c a l f o r e c a s t i n g s e r v i c e s and i n d u s t r y s t u d i e s and making general f i n a n c i a l

TJ App l i ca t ion processed on behalf 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, 1983 No. 1 - I C -


p lann ing recommendations) a t 4849 N. Mesa, Su i t e 210, El Paso, Texas and 201 N. Frankl in S t r e e t , Tampa, F l o r i d a , s e rv ing western Texas and t h e S t a t e of F l o r i d a , r e s p e c t i v e l y , through i t s s u b s i d i a r y , FCA Corp. (12 /30/82) 2 /

New York Hubco I n c . , Union C i t y , New J e r s e y , r eques t s p e r -miss ion t o engage in t he fo l lowing a c t i v i t i e s ( l e a s i n g and l e a s e s e r v i c i n g a c t i v i t i e s under t h e p r o v i s i o n s of Regula t ion Y; in making of d i r e c t and i n d i r e c t l e a s e s of personal p r o p e r t y ; t h e making of l e a s e s sha l1 i n c l u d e , but not be l im i t ed t o , automobile l e a s e s ob ta ined d i r e c t l y or through d e a l e r s ; s e r v i c i n g of independent l e a s i n g companies or l e a s e s t h a t conform t o t h e p r o v i s i o n s of Regula t ion Y) a t 3100 Bergenl ine Avenue, Union C i t y , New J e r s e y , se rv ing t h e e n t i r e S t a t e of New J e r s e y , through i t s s u b s i d i a r y , Hub Leaserv ice Corp. (1 /1 /83) 3 /

New York Manufac turers Hanover Corpora t ion , New York, New York, r e q u e s t s permiss ion t o e s t a b l i s h a de novo o f f i c e t o engage in t he fo l lowing a c t i v i t i e s (making or a c q u i r i n g loans and o t h e r ex t ens ions of c r e d i t , secured or unsecured , such as could be made or acqu i red by a f i n a n c e company under Alabama law; s e r v i c i n g such loans and o the r e x t e n s i o n s 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 and c r e d i t - r e l a t e d acc iden t and h e a l t h i n s u r a n c e ; such a c t i v i t i e s wi l l i n c l u d e , but not be l i m i t e d t o , making consumer i n s t a l l -ment l o a n s , purchas ing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans and o t h e r ex t ens ions of c r e d i t secured by rea l and personal p r o p e r t y , and o f f e r i n g c r e d i t - r e l a t e d s i n g l e l i f e insurance and dec rea s ing or l eve l term [ i n t h e case of s i n g l e

• payment l o a n s ] l i f e insurance and c r e d i t acc iden t and h e a l t h i n su rance d i r e c t l y r e l a t e d to ex t ens ions of c r e d i t made or acqu i red by Finance One of Ala-bama, Inc . by l i c e n s e d agen t s or b rokers 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 ) a t 303 Williams Avenue, Hunts-v i l l e , Alabama, t h i s o f f i c e wi l l se rve t h e e n t i r e S t a t e of Alabama, through i t s s u b s i d i a r y , Finance One of Alabama, Inc . ( 1 / 1 / 8 3 ) V

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


I

H.2, 1983 No. 1 - 13 -


P h i l a d e l p h i a F i r s t National Bancorp of Allentown, I n c . , Al len-town, Pennsylvania* 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 a c t i v i t y of u n d e r w r i t i n g , as r e i n s u r e r , c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h insurance 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 a p p l i c a n t ' s s u b s i d i a r y , The F i r s t National Bank of Allentown and any o t h e r banking and non-banking s u b s i d i a r i e s of F i r s t National Bancorp of Allentown, I n c . ) a t 234 North Cent ra l Avenue, Phoenix, Ar izona, t h e geographic a rea served w i l l i n i t i a l l y be Pennsylvania , New J e r s e y , New York, Maryland and Delaware, through i t s s u b s i d i a r y , F i r a l L i f e Insurance Co. (12/31/82) 2 /

At lan ta American Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d 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 ( t o engage in both d i r e c t unde rwr i t i ng and r e i n s u r a n c e of c r e d i t l i f e in su rance and c r e d i t a cc iden t and h e a l t h i n -surance which i s 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 i t or i t s banking s u b s i d i a r y , American National Bank of J a c k s o n v i l l e ) a t 208 North Laura S t r e e t , Su i t e 1200, J a c k s o n v i l l e , F l o r i d a , s e rv ing Duval County, F l o r i d a , through i t s s u b s i d i a r y , American Secu r i t y L i f e Insurance Company (12 /28 /82) 3/

Dallas Andrews Bancshares , I n c . , Andrews, Texas, and Andrews F inanc ia l Corpo ra t i on , 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 ( t o engage in making l e a s e s of personal p r o p e r t y in accordance with the Board ' s Regula t ion Y) a t 111 West Broadway, Andrews, Texas, s e rv ing Texas (12/31/82) 3/

Dal las Union Bancshares , I n c . , San Antonio , 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 t h e underwr i t ing of c r e d i t l i f e i n su rance and c r e d i t a c c i d e n t and h e a l t h i n -surance 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 Union Bank) a t 3570 S.W. M i l i t a r y Dr ive , San Antonio, Texas, s e rv ing Texas, through i t s s u b s i d i a r y , UBI L i f e Insurance Company (12 /31 /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 the Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No. 1 H -

ACTIONS U, "nE - Continued

San Franc i sco

San Franc i sco

American Bancorp of Nevada* Las Vegas* Nevada, 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 # ; , i t y mortgage loans for placement with inves tors or act ing as an agent for American Hank of Commerce in making equity mortgage loans , act ing as a loan broker by placing Wans with pr ivate or i n s t i t u t i o n a l lenders , purchasing loans secured by second t rus t deeds for s a l e to investors or act ing as an agent f o r American Bank of Commerce in pur-chasing loans secured by second t r u s t deeds , loan s e r v i c i n g , and act ing as agent f o r t he s a l e of l i f e , a c c i d e n t , and h e a l t h insurance d i r e c t l y r e l a t e d t o i t s e x t e n s i o n s of c r e d i t ) a t 2800 West Sahara Avenue, Las Vegas, Nevada, s e rv ing Southern Nevada, through i t s s u b s i d i a r y , AmBank Mortgage (12/26/82) 2 /

American Bancorp of Nevada, Las Vegas, Nevada, 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 a c t i v i t i e s of consumer and commercial f i n a n c e a c t i v i t i e s , i nc lud ing t h e ex tens ion of d i r e c t loans f o r t h e f i n a n c i n g of i n su rance premiums f o r s a l e t o i n v e s t o r s or a c t i n g as an agent f o r American Bank of Commerce in making loans f o r the f i n a n c i n g of insurance premiums; making l e a s e s of personal p roper ty in accordance with t h e Board 's Regula t ions f o r s a l e t o i n v e s t o r s or a c t i n g as agent f o r American Bank of Commerce in making l e a s e s of personal p rope r ty in accordance with t h e Board 's R e g u l a t i o n s , s e r v i c i n g of loans and l e a s e s f o r o t h e r 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 , and phys ica l damage insurance d i r e c t l y r e l a t e d t o i t s e x t e n s i o n s of c r e d i t as pe rmi t t ed by Federal Law and t h e Board ' s Regu la t ions ) a t 2800 West Sahara Avenue, Las Vegas, Nevada, s e rv ing Southern Nevada, through i t s sub-s i d i a r y , AmBank Financ ia l (12/25/82) 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 he Board of Governors under delegated author i ty .


e H.2, 1983 N0. 1 - 1 5 -


San Franc i sco

San Franc i sco

San Franc i sco

San Franc i sco

BankAmerica Corpora t ion , San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (p rope r ty i n s u r a n c e ) a t 241 West Broad S t r e e t , Quakertown, Pennsylvania , s e rv ing t h e e n t i r e S t a t e of Pennsy lvan ia , through i t s i n d i r e c t s u b s i d i a r y , FinanceAmerica Consumer Discount Company (a Pennsylvania c o r p o r a t i o n ) ( 1 2 / 2 9 / 8 2 ) 3 /

E n t e r p r i s e Bancorp, San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (making or a cqu i r i ng and s e r v i c i n g rea l e s t a t e loans f o r i t s own account and f o r t h e account of o t h e r s ) a t 1632 Frank l in S t r e e t , Oakland, C a l i f o r n i a , s e rv ing t h e 8 county area g e n e r a l l y known as t he San Franc i sco Bay Area, through i t s s u b s i d i a r y , E n t e r p r i s e Bancorp Se rv ic ing (12/30/82) _3/

F i r s t Secur i ty Corpora t ion , Sa l t Lake C i t y , Utah, 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 ( ac t i ng as agent f o r t h e s a l e of c r e d i t l i f e and d i s a b i l i t y i n su rance ) in Sa l t Lake C i t y , Utah, through i t s d i r e c t s u b s i d i a r y , F i r s t Secu r i t y F inancia l (12/25/82) 3/

Mitsubishi Bank, Limi ted , Tokyo, Japan, 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 ( l e a s i n g personal p r o p e r t y , a c t i n g as a g e n t , broker or a d v i s e r in l e a s i n g sa id p r o p e r t y , or s e l l i n g such p rope r ty through long- term i n s t a l l m e n t s a l e s con-t r a c t s where such t r a n s a c t i o n s se rve as t h e f u n c t i o n a l equ iva l en t of an ex tens ion of c r e d i t t o t h e use r of t h e p rope r ty pursuant t o the c o n d i t i o n s conta ined in Sect ion 2 2 5 . 4 ( a ) ( 6 ) of t he Board 's Regulat ion Y) from t h e head o f f i c e of Diamond Lease Company in Tokyo, Japan , and a t 800 Wi l sh i re Boulevard, Los Angeles , C a l i f o r n i a , 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 , Diamond Lease Company, Ltd. (12/31/82) 3/

~V 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 lega ted a u t h o r i t y .


H.2, 1983 No. 1 - 1 6 -


San P a c i f i c National Bancshares , Eureka, 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 ( l e a s i n g personal p roper ty and a c t i n g as a g e n t , b roker or adv i se in l e a s i n g such p r o p e r t y ) a t 160 North B u t t e , Willows, C a l i f o r n i a , s e rv ing Northern C a l i f o r n i a , through i t s s u b s i d i a r y P a c i f i c National Bancshares Leasing (12/31/82) V

Secur i ty P a c i f i c Corpo ra t i on , Los Angeles , C a l i f o r n i a n o t 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 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 , a s s e t based bus ines s loans and o the r commercial or i n d u s t r i a l loans and e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g , r ed i s coun t or commercial f i n a n c e company and engaging g e n e r a l l y in t h e f a c t o r i n g b u s i n e s s ) in S t . Louis , Mis sou r i , 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 , Secu r i t y P a c i f i c Business Credi t Inc . ( 1 2 / 2 6 / 8 2 ) 3 /

San F ranc i sco

37 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, 19C3N0. 1 - 1 7 -

APPLICATIONS RECEIVED

To Become j Member of the Federal Reserve System Pursuant t o Sect ion 9 of t h e Federal Reserve Act

Chicago Secu r i t y Bank of Monroe, Monroe, Michigan.

* * * * *

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 Actions 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 t h e Bank Holding Company

Act of 1956, as amended

San Midland Bank, p i c , London, England, f o r approval Franc i sco to r e t a i n i t s i n d i r e c t ownership of t he United

S t a t e s t r a v e l bus iness of Thomas Cook, I n c . , New York, New York.

San Secu r i t y P a c i f i c Overseas Corp . , Los Angeles, Franc isco C a l i f o r n i a : 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 i n c r e a s e i t s i n d i r e c t i nves tmen t , through i t s 100 percen t owned s u b s i d i a r y , Secur i ty P a c i f i c Overseas Investment Corporat ion in t h e Bank of Canton Limited Macau.

* * * * *

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

New York High Point F inanc ia l Corpora t ion , B r a n c h v i l i e , New J e r s e y , f o r approval t o a c q u i r e 100 percen t of t he vot ing sha re s of The National Bank of Sussex County, B r a n c h v i l i e , New J e r s e y . 2/

P h i l a d e l p h i a DNB Financia l Corpora t ion , Downingtown, Pennsy lvania , f o r approval t o acqu i r e 100 pe rcen t of t h e vot ing sha re s of Downingtown National Bank , Downingtown, Pennsy lvan ia . 2/

2/ App l i ca 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 th^ 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 the comment p e r i o d .


H.2, 1983 No. 1 - 1 8 -

APPLICATIONS RECEIVED - Continued

Richmond Parnetto Bancshares , I n c . , Laurens, South Ca ro l i na , f o r approval t o a cqu i r e a t l e a s t 80 percent of t he vot ing sha res of The Palmetto Bank, Laurens, South C a r o l i n a . 2/

R i c h m o n d RHNB Corpora t ion , Rock H i l l , South Ca ro l i na , f o r approval t o a cqu i r e a t l e a s t 80 percent of the vot ing sha res of Rock Hil l National Bank, Rock H i l l , South Ca ro l ina . 2/

At lan ta C i t i z e n s Bancorp, I n c . , New Tazewell , Tennessee, f o r approval t o acqu i r e 100 pe rcen t of t h e vot ing sha res of C i t i z e n s Bank, New Tazewell , Tennessee. 2/

Atlan ta H a r t s v i l i e Bancshares , I n c . , H a r t s 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 the vo t ing shares of Bank of H a r t s v i l i e , Har t s -vi 1 l e , Tennessee. 2/

Atlan ta Metter F inanc ia l S e r v i c e s , I n c . , Met te r , Georgia, f o r approval t o acqu i r e 100 percen t of t he vot ing shares of Metter Banking Company, Met te r , Georgia. 2/

Chicago C i t i z e n s Central Bancorp, I n c . , Macomb, I l l i n o i s , f o r approval t o acqu i r e 100 percen t of t h e vot ing shares of t h e successor by merger t o C i t i z e n s National Bank of Macomb, Macomb, I l l i n o i s . 2/

Chicago Francor F i n a n c i a l , I n c . , Wabash, Ind iana , f o r approval t o acqu i r e 100 percent of t he 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 sha re s ) of successor by merger t o Frances Slocum Bank and Trust Company, Wabash, Ind iana . 2/

Chicago I l l i n o i s Valley Bancorp, I n c . , Morr i s , I l l i n o i s , f o r approval t o acqu i r e 100 percen t of the vot ing sha res ( 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 t h e successor by merger t o The Grundy County National Bank, Morr is , I l l i n o i s . 2/

Chicago MID ILLINOIS BANCORP, INC., P e o r i a , I l l i n o i s , f o r approval t o a c q u i r e 80 percen t or more of the vot ing sha res of South Side Trust & Savings Bank of P e o r i a , Peo r i a , I l l i n o i s . 2/

Appl ica 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 he a p p l i c a b l e Reserve Bank may be con tac ted as t o t he length of the comment p e r i o d .


w.2, ! - 1 9 -


Ch c Town & Country Bancorp, I n c . , S p r i n g f i e l d , I l l i n o i s , f o r approval t o acqu i r e 100 percent of the vot ing sha res of Town & Country 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 . 2 /

S t . Louis Central Banc System, I n c . , Gran i te C i t y , I l l i n o i s , f o r approval t o a cqu i r e 100 percent of the vot ing sha res of t h e successor by merger t o Grani te City Trust and Savings Bank, Grani te C i t y , I l l i n o i s . 2/

S t . Louis CNB of Lebanon Bancorp, I n c . , Lebanon, Kentucky, fo 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 shares of The C i t i z e n s National Bank of Lebanon, Lebanon, Kentucky. ZY

S t . Louis GAB Bancorp, J a s p e r , Ind iana , f o r approval t o acqu i r e 100 percen t of the vo t ing sha res of t h e successor by merger t o The German American Bank, J a s p e r , Ind iana . 2/

Minneapolis Ray Bancorpora t ion , I n c . , Ray, North Dakota, f o r approval t o a c q u i r e a t l e a s t 92.59 percent of t h e vo t ing shares of C i t i z e n s S t a t e Bank of Ray, Ray, North Dakota. 2/

Minneapolis Warroad Bancshares , I n c . , Warroad, Minnesota, f o r approval t o acqu i r e 100 percent of t h e vot ing sha res of Secur i ty S t a t e Bank of Warroad, Warroad, Minnesota. 2?/

Kansas City B.O.E. Bancshares , I n c . , E lg in , Oklahoma, f o r approval t o a cqu i r e a t l e a s t 80 percen t of the vot ing sha res of Bank of E lg in , E lg in , Oklahoma, j?/

Kansas City Pembroke Bancshares , 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 66.67 percent of the vot ing shares of Civic Plaza National Bank of Kansas C i t y , Kansas C i t y , Missour i . 2/

Dallas National Centerbanks , 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 percent of t he vot ing sha re s of CENTERBANK, National A s s o c i a t i o n ,

* D a l l a s , Texas, a proposed new bank. 2/

Z/ App l i ca t ion s u b j e c t to Community Reinvestment Act. A f f a i r s O f f i c e r of t he a p p l i c a b l e Reserve Bank may as t o t he length of the comment p e r i o d .

The Community be con tac ted


H.2, 1 9 8 3 N o . 1 - 2 0 -


D a l l a s S m i t h v i l l e Banksha res , I n c . , S m i t h v i l l e , Texas, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t S t a t e Bank of S m i t h v i l i e , S m i t h v i l i e , Texas . 2 /

San Empire Bancorp, Rancho Cucamonga, C a l i f o r n i a , f o r F r a n c i s c o approval t o a q u i r e 100 p e r e n t of t h e v o t i n g s h a r e s

of Empire Bank, N.A. , Cucamonga, C a l i f o r n i a , a proposed new bank. 2 /

* * * * *

To Expand a Bank Holding Company Pursuan t t o S e c t ' e n 3 ( a ) ( 3 ) of t h e Bank Hoi dim, Company Act of 1956

- an t e Sun r^nks of Flor"(.!a, I n c . , Or lando , F l o r i d a , f o approval t c a c q u ^ e 1 - 0 p e r c e n t of t h e v o t ' -c, s h a r e s of The F i r s t Na t io r 1 Bank of De Funiak S p r i n g s , De F.miak S p r i n g s , F l o r i d a . _2/

PRA1RIELAND BANCORP., INC., B u s h n e l l , I l l i n o i s , f o r appro.\«1 t o a c q u i r e r t l e a s t 80 p e r c e n t o, t h e v o t i n g s h a r e s of R c s e v i l l e S t a t e Bcmk, R o s e v i l l e , I l l i n o i s . 2/

Cli

Mi nneaoo i i s

Dai l a s

San F r a n c i s c o

S e c u r i t y Bancorp, I n c . , Sou^hga te , Michigan, Tor approva l t o a c c u i r e 100 n e r c c n t of thn vo t i ng s h a r e s of t h e s u c c e s s o r by c o n s o l i d a t i o n t c Ihc F i r ^ t Nat ional Bank of Monroe, Monroe, Michigan.

Guaranty Development Company, L i v i n g s t o n , Mci tana , f o r approval t o a c q u i r e a t l e a s t 82 Pe rcen t of thn v o t i n g s h a r e s of Western S t a t e Bank, B i l l i n g s , Montana. 2 /

C u l l e n / F r o s t Bankers , I n c . , San Anton io , Texas , f o r approva l t o a c q u i r e 1U0 p e r c e n t of t h e v o t i n g s h a r e s of N o r t h l i e l d Nat iona l Bank, Houston, Texas.

Puget Sound Bancorp, Tacoma, Washington, f o r approval t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s n( San Juan County Bank, F r iday Harbor , Washington, j?/

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


# H.2, 1983 No. 1 - 21 -


San Ra in i e r Bancorpora t ion , S e a t t l e , Washington, f o r Franc i sco approval t o a cqu i r e a t l e a s t 90 percen t of the

vot ing sha res of Peoples Bank & Trust Company, Anchorage, Alaska. 2 /

* * * * *

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

New York HUBCO, I n c . , Union C i t y , New J e r s e y , r eques t s permiss ion t o expand t h e a c t i v i t i e s of an o f f i c e t o inc lude t h e fo l lowing a c t i v i t i e s (p rov id ing data p rocess ing s e r v i c e s r e l a t e d t o l e a s i n g a c t i v i t i e s , i nc lud ing access t o p r o p r i e t a r y s o f t w a r e , where t h e so f tware has been acqui red in connect ion with t he s u b s i d i a r y ' s p rev ious ly approved l ea s ing a c t i v i t i e s ) a t 3100 Bergenl ine Avenue, Union C i t y , New J e r s e y , through i t s sub-s i d i a r y , HUB FINANCIAL SERVICES, Inc. (12/31/82)

P h i l a d e l p h i a FB&T Corpora t ion , Hanover, Pennsy lvan ia , n o t i f i -c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s ( in a c t i n g as an unde rwr i t e r of c r e d i t l i f e and c r e d i t a cc iden t and h e a l t h insurance which i s 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 o the r s u b s i d i a r i e s of FB&T Corpora t ion) a t Center Square, Hanover, Pennsy lvan ia , se rv ing York and Adams Counties and coun t i e s cont iguous t h e r e t o , through i t s s u b s i d i a r y , FB&T Insurance Company (1 /1 /83)

Richmond Equi tab le Bancorporat ion and The Maybaco Company, Ba l t imore , Maryland, t o expand t h e r e insu rance underwr i t ing a c t i v i t i e s of t h e i r s u b s i d i a r y , Equiban L i f e Insurance Company, t o i nc lude c r e d i t l i f e insurance sold in connect ion with e x t e n s i o n s of c r e d i t by t he holding company's s u b s i d i a r i e s in Delaware (12/13/82)

App l i ca t i on 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 l eng th of t h e comment p e r i o d .


H.2, 1983 No. 1

A t l an t a

Chicago

Chicago

Chicago

Chicago

- 2 2 -


Metter F inancia l S e r v i c e s , I n c . , Met te r , Georgia, f o r approval t o a c q u i r e de novo Metter F inancia l Systems, I n c . , Me t t e r , Georgia.

Irwin Union Corpora t ion , Columbus, 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 ( t o engage in mortgage banking a c t i v i t i e s i n -c lud ing the d i r e c t ex tens ion of r e s i d e n t i a l mortgage loans t o i n d i v i d u a l s and s e r v i c i n g such loans f o r i n v e s t o r s ) in Houston, Corpus C h r i s t i and San Antonio, a l l in Texas, t h e geographic area t o be served wi l l be t h e S t a t e of Texas, through i t s d i rec t ly -owned s u b s i d i a r y , Inland Mortgage Corporat ion (12/17/82)

Larch Bancorpora t ion , Larchwood, Iowa, 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 personal p rope r ty l e a s i n g a c t i v i t i e s ) t he geographic area t o be served wi l l be n o r t h -west Lyon County, Iowa, and southwest Rock County, Minnesota (12/21/82)

NBD Bancorp, I n c . , 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 (making or a cqu i r i ng f o r i t s own account and f o r t he account of o t h e r s , mortgage loans and such o the r ex t ens ions of c r e d i t , as would be made by a mortgage company) a t 1156 Niagra Avenue, Saginaw, Michigan, t h e geographic a rea t o be served wi l l be t h e coun t i e s of Saginaw, Midland, Bay and Tuscola , Michigan, through i t s wholly-owned s u b s i d i a r y , NBD Mortgage Company (12/22/82)

NBD Bancorp, I n c . , 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 (making and acqu i r i ng of mortgage loans f o r i t s own account and f o r the account of o t h e r s and such o t h e r ex t ens ions of c r e d i t as would be made by a mortgage company) a t Broadway S t r e e t between Court S t r e e t and Mosher S t r e e t , Mt. P l e a s a n t , Michigan, t h e geographic area t o be served wi l l be t h e coun t i e s of I s a b e l l a , G r a t i o t , and C l a r e , Michigan, through i t s wholly-owned sub-s i d i a r y , NBD Mortgage Company (12/22/82)


$ f

H.2, 1983 No. 1 - 2 3 -


San BankAmerica Corpora t ion , San F ranc i s co , 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 ( a c t i n g as an i n d u s t r i a l Toan company under t h e Iowa I n d u s t r i a l Loan Law, p rov ided , however, t h a t no investment c e r t i f i c a t e s wi l l be o f f e r e d t o the p u b l i c ; making or acqu i r ing f o r i t s own account loans and o the r ex tens ions of c r e d i t ; s e r v i c i n g loans and o t h e r ex tens 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 and c r e d i t - r e l a t e d acc iden t and hea l t h i n s u r a n c e ; no c r e d i t - r e l a t e d p roper ty insurance wi l l be o f f e r e d ; such a c t i v i t i e s wi l l i n c l u d e , but not be l im i t ed t o , making consumer i n s t a l l m e n t l o a n s , purchas ing i n s t a l l m e n t s a l e s f i n a n c e con-t r a c t s , making loans and o t h e r ex tens ions of c r e d i t t o b u s i n e s s e s , making loans secured by rea l and personal p r o p e r t y , 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 and credi t - r e l a t e d acc iden t and hea l th i n su rance ; c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d acc iden t and h e a l t h insu rance may be r e insu red by BA Insurance Company, I n c . , an a f f i l i a t e of FinanceAmerica Corporat ion of Iowa) a t 101 West Second S t r e e t , Su i t e 306* Davenport , Iowa, se rv ing t h e e n t i r e S t a t e of Iowa and I l l i n o i s , through i t s newly organized i n d i r e c t s u b s i d i a r y , FinanceAmerica Corporat ion of Iowa (an Iowa c o r p o r a t i o n ) (12/30/82)

San Peoples Bancorpora t ion , S e a t t l e , Washington, n o t i f i c a t i o n F ranc i sco of i n t e n t t o engage in de novo a c t i v i t i e s ( in consumer

f i n a n c e a c t i v i t i e s , i nc lud ing the ex tens ion of c r e d i t f o r personal loans) a t 2411 Fourth Avenue, Su i te 990B, S e a t t l e , Washington, se rv ing King County, Washington, through i t s s u b s i d i a r y , Peoples Consumer Finance Company (12/28/82)

San Peoples Bancorpora t ion , S e a t t l e , Washington, n o t i f i c a t i o n Franc isco of i n t e n t t o engage in de novo a c t i v i t i e s (in consumer

f i n a n c e a c t i v i t i e s , i nc lud ing t h e ex tens ion of c r e d i t f o r personal loans , second mortgage real e s t a t e l o a n s , and c o n t r a c t s o r i g i n a t i n g in t he s a l e of merchandise) a t 2411 Fourth Avenue, Su i t e 990B, S e a t t l e , Washington, se rv ing King County, Washington, through i t s sub-s i d i a r y , Peoples I n d u s t r i a l Loan Company (12/28/82)


H.2, !983 No. 1 - 2 4 -


San Franc i sco

San Franc i sco

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 , n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s (making or acqu i r i ng 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 ex t ens ions of c r e d i t i nc lud ing making consumer i n s t a l l m e n t personal l o a n 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 con-t r a c t s , making loans t o small bus ines ses and o the r e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company or a consumer f i n a n c e company; and a c t i n g as broker or agent f o r t h e s a l e of c r e d i t l i f e and c r e d i t a cc iden t and h e a l t h insurance) from 372 Kinderkamack Road, Westwood, New Jersey t o Paramus Plaza 4 , 120 Route 17 North, Paramus, New J e r s e y , s e r v i n g t h e S t a t e of New J e r s e y , through i t s s u b s i d i a r y , Secu r i t y P a c i f i c Finance Corp. (12/31/82)

Secu 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 , n o t i f i c a t i o n of i n t e n t t o engage in de novo a c t i v i t i e s (making or a c q u i r i n g f o r i t s own account or f o r the account of o t h e r s , loans and e x t e n s i o n s of c r e d i t i n c l u d i n g making consumer i n s t a l l m e n t personal l oans , 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 con-t r a c t s , making loans t o small bus ines ses and o the r e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company or a consumer f i n a n c e company; and a c t i n g as broker or agent f o r t h e s a l e of c r e d i t l i f e and c r e d i t acc iden t and hea l t h insurance ) a t 175 East Capitol S t r e e t , Jackson, M i s s i s s i p p i , s e rv ing t h e S t a t e of M i s s i s s i p p i , through i t sub-s i d i a r y , Secur i ty P a c i f i c Finance Corp. (I 2 /31/82)

None.

* * * * *

REPORTS RECEIVED

* * * * *

PETITIONS FOR RULEMAKING

None.


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