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ANNOUNCEMENT BY

APPLICABLE RESERVE BANK

San Franc i sco

Chicago

Chicago

Chicago

At lant a

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2 , 1981 No. 32)

A c t i o n s of the Board; A p p l i c a t i o n s and Reports

Received During the Week Ending August 8 , 1981

ACTIONS OF THE BOARD

Robert E. F r a z i e r , A s s o c i a t e D i r e c t o r , D i v i s i o n of Support S e r v i c e s , promotion announced.

E n t e r p r i s e Bancorp, Oakland, C a l i f o r n i a , e x t e n s i o n of time to November 2 1 , 1981, w i t h i n which to become a bank hold-ing company through the a c q u i s i t i o n of a l l outs tanding shares of F i r s t E n t e r p r i s e Bank, Oakland, C a l i f o r n i a . \J

F i r s t DeKalb Bancshares , I n c . , DeKalb, I l l i n o i s , e x t e n s i o n of time to November 9 , 1981, w i t h i n which to become a bank ho ld ing company through the a c q u i s i t i o n of 100 per-cent of the v o t i n g shares of the s u c c e s s o r by merger to F i r s t Nat iona l Bank in DeKalb, DeKalb, I l l i n o i s . JL/

F i r s t Shi loh Bancshares , I n c . , Zion, I l l i n o i s , e x t e n s i o n of time to November 13, 1981, w i t h i n which to become a bank ho ld ing company through the a c q u i s i t i o n of 100 per-cent of the v o t i n g shares of the s u c c e s s o r by merger to Zion S t a t e Bank and Trust Company, Zion, I l l i n o i s . \J

F i r s t Southeas t Banking Corp. , Darien, Wiscons in , e x t e n -s i o n of time to September 5, 1981, w i th in which to acquire 62 .06 percent or more of the v o t i n g shares of F i r s t Bank S o u t h e a s t , N . A . , Kenosha, Wisconsin and 80 percent or more of the v o t i n g shares of F i r s t Bank S o u t h e a s t , N . A . , Kenosha, Wisconsin and 80 percent or more of t h e v o t i n g shares of F i r s t Bank Southeast of S i l v e r Lake, S i l v e r Lake, Wiscons in . _1/

N i c e v i l l e Bankshares Corporat ion , N i c e v i l l e , F l o r i d a , ex-t e n s i o n of time to November 3 , 1981, w i t h i n which to become a bank hold ing company through the a c q u i s i t i o n of F i r s t Nat ional Bank of N i c e v i l l e , N i c e v i l l e , F l o r i d a . 1/

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

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

H.2, 1981 No. 32 - 2 -

ACTIONS OF THE BOARD-Continued

A t l a n t a

Cleveland

A t l a n t a

Kansas Ci ty

San F r a n c i s c o

Richmond

San F r a n c i s c o

Dal l a s

Southeast Banking Corporat ion, Miami, F l o r i d a , e x t e n s i o n of time to October 27, 1981, w i t h i n which to e s t a b l i s h a t r u s t s e r v i c e o f f i c e of Southeas t Banks Trust Company, N . A . , on the premises of the Southeas t Bank of Pasco, Port Richey, F l o r i d a . J7

Union Commerce Corporat ion , C l e v e l a n d , Ohio , e x t e n s i o n of time to Apri l 1, 1982, w i t h i n which to acquire The F i r s t Nat iona l Bank of N e l s o n v i l l e , N e l s o n v i l l e , Ohio. JL/

Foxworth Bank, Foxworth, M i s s i s s i p p i , an investment in bank premises . JL/

United S t a t e s Bank of Grand J u n c t i o n , Grand J u n c t i o n , Colorado, an investment i n bank premises . JL/

V a l l e y Community Bank, McMinnvil le , Oregon, e x t e n s i o n of t ime to November 4 , 1981, w i t h i n vrfiich to complete the requirements for membership in the Federal Reserve System. _1/

F i r s t Union Nat ional Bank of North C a r o l i n a , C h a r l o t t e , North C a r o l i n a , proposed merger with F i r s t Nat iona l Bank of Catawba County, Hickory, North Caro l ina; report to t h e Comptrol ler of the Currency on c o m p e t i t i v e f a c t o r s . JL/

North V a l l e y S u b s i d i a r y Co . , Redding, C a l i f o r n i a , pro-posed merger with North V a l l e y Bank, Redding, C a l i f o r n i a , under the c h a r t e r and t i t l e of the l a t t e r ; report to the Federal Depos i t Insurance Corporation on c o m p e t i t i v e f a c t o r s . JL/

New Farmers Branch Bank, Farmers Branch, Texas , proposed merger with Farmers Branch Bank, Farmers Branch, Texas; report to the Federal Depos i t Insurance Corporat ion on c o m p e t i t i v e f a c t o r s . 1/

1/ A p p l i c a t i o n processed on b e h a l f of the Board of Governors under de legated a u t h o r i t y .

1


H.2, 1981 No. 32 - 3 -


To E s t a b l i s h a Domestic Branch Pursuant to S e c t i o n 9 of the Federal Reserve Act

Approved P h i l a d e l p h i a Girard Bank, Bala Cynwyd, Pennsy lvania . To e s t a b l i s h

o f f s i t e an e l e c t r o n i c f a c i l i t y at Laneco Market, ' A l l entown, Pennsy lvania . If

Cleveland The Southern Ohio Bank, C i n c i n n a t i , Ohio. To e s t a b l i s h a branch at the northwest corner of the i n t e r s e c t i o n of Muhlhauser Road and Route 4 , F a i f i e l d , B u t l e r County, Ohio. 1/

Richmond Bank of Newport News, Newport News, V i r g i n i a . To e s t a b -l i s h a branch a t 206-308 High S t r e e t , Portsmouth, V i r g i n i a . 1 /

* * * * *

To Become a Member of the Federal Reserve System Pursuant t o S e c t i o n 9 of the Federal Reserve Act

Approved Chicago C i t y Bank & Trust Company in Dixon, Dixon, I l l i n o i s . 1/

* * * * *

I s sued In tent Not to Disapprove Change of Control Pursuant t o Change in Bank Control Act of 1978

Not Disapproved Cleveland Northern Kentucky Bancshares , I n c . , A lexandr ia , Kentucky.

* * * * *

To E s t a b l i s h a U.S. Branch of an Edge Act Corporat ion Pursuant t o S e c t i o n 25 (a ) of the Federal Reserve Act

Approved Chicago Wisconsin I n t e r n a t i o n a l Bank, New York, New York: grants

consent to e s t a b l i s h and operate a branch in Miami, F l o r i d a .

_1/ A p p l i c a t i o n processed on behalf of the Board of Governors under de legated a u t h o r i t y .


H.2, 1981 No. 32 - 4


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 for I n t e r n a t i o n a l I n v e s t -ments and Other Act ions Pursuant to S e c t i o n s 25 and 2 5 ( a ) of the Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Holding Company Act of 1956, as amended

Withdrawn New York Chase Manhattan Overseas Banking Corporat ion , Newark,

Delaware: d e n i e s reques t to determine tha t Chase Merchants Bank ( N i g e r i a ) Limited i s no longer a s u b s i d i a r y .

Approved San S e a t t l e F i r s t N a t i o n a l Bank, S e a t t l e , Washington: grant s F r a n c i s c o consent to S e a t t l e - F i r s t I n t e r n a t i o n a l Corporat ion ,

S e a t t l e , Washington, to i n c r e a s e i t s p a i d - i n c a p i t a l by i s s u i n g a c a l l upon the unpaid share s u b s c r i p t i o n of S e a t t l e - F i r s t Nat iona l Bank, S e a t t l e , Washington and a l s o g r a n t s consent for Edge to a c q u i r e and h o l d a d d i t i o n a l s h a r e s of S e a f i r s t F i n a n c i a l S e r v i c e s , Canada, L t d . , Edmonton, A l b e r t a , Canada.

* * * * *

P h i l a d e l p h i a

A t l a n t a

Chicago

To Become a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956

Approved York Bancorp, York, Pennsy lvan ia , for approval to a c q u i r e

100 percent of the v o t i n g shares of The York Bank and Trust Company, York, Pennsy lvan ia . JL/

Frankl in Bancorp, I n c . , Co l l ege Grove, T e n n e s s e e , f o r ap-proval to acqu ire 91 .725 percent of the v o t i n g s h a r e s of Bank of C o l l e g e Grove, Co l l ege Grove, T e n n e s s e e . J L /

Palos Bancshares , I n c . , Pa los H e i g h t s , I l l i n o i s , for ap-proval t o a c q u i r e at l e a s t 80 percent of the v o t i n g s h a r e s of P a l o s Bank and Trust Company, Palos H e i g h t s , I l l i n o i s . 1 /

S t . Louis Shawneetown Bancorp, I n c . , Shawneetown, I l l i n o i s , f o r ap-proval to acquire a t l e a s t 8 1 . 0 3 percent of the v o t i n g shares of F i r s t Nat iona l Bank i n Shawneetown, Shawneetown, I l l i n o i s . 1/

17 A p p l i c a t i o n processed on b e h a l f of the Board of Governors under de legated a u t h o r i t y .


H.2, 1981 No. 32 - 5


Minneapol i s Cambridge Capi ta l Co. , Cambridge, Minnesota, f or approval to acquire at l e a s t 80 percent of the v o t i n g shares of Peoples S t a t e Bank of Cambridge, Cambridge, Minnesota. 1/

Kansas Ci ty The Chugwater Corporat ion, Chugwater, Wyoming, f o r ap-proval to acquire at l e a s t 80 percent of the v o t i n g

* shares of F i r s t National Bank of Chugwater, Chugwater, Wyoming. J L /

Kansas Ci ty C i t i z e n s F i n a n c i a l S e r v i c e s , I n c . , Aurora, Colorado, for approval to acquire 100 percent of the v o t i n g shares of C i t i z e n s Bank of Aurora, Aurora, Colorado. JL/

Kansas Ci ty Mountain V a l l e y Bankshares, I n c . , C o n i f e r , Colorado, for approval to acquire at l e a s t 100 percent of the v o t i n g shares of Mountain V a l l e y Bank, C o n i f e r , Colorado. JL/

Kansas Ci ty Mustang Community Ban Corp. , Mustang, Oklahoma, f o r ap-proval to acquire a t l e a s t 80 percent of the v o t i n g shares of Mustang Community Bank, Mustang, Oklahoma. JL/

Kansas Ci ty Thomas County Bankshares of Colby, Kansas, I n c . , Colby, Kansas, f o r approval to acquire 100 percent of the v o t i n g s h a r e s of Thomas County Bankshares , I n c . , Colby, Kansas and thereby acqu ire i n d i r e c t c o n t r o l of 9 5 . 5 percent of t h e v o t i n g shares of Thomas County Nat iona l Bank, Colby, Kansas.

Kansas C i ty V & V Holding Company, Lander, Wyoming, for approval t o acqu ire at l e a s t 80 percent of the v o t i n g shares of Centra l Bank and T r u s t , Lander, Wyoming. 1/

D a l l a s F i r s t F a i r f i e l d Bankshares, I n c . , F a i r f i e l d , Texas , f or approval to acquire a t l e a s t 80 percent of the v o t i n g shares of F i r s t Nat ional Bank, F a i r f i e l d , Texas . 1/

Dal las Port Neches Bancshares , I n c . , Port Neches , Texas , for ap-proval to acqu ire at l e a s t 80 percent of the v o t i n g shares of The F i r s t Nat iona l Bank of Port Neches, Port Neches, Texas . 1/

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


H.2, 1981 No. 32 - 6 -

ACTIONS OF THE BOARD-Cont inued

To Expand a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956

Approved Cleveland S o c i e t y Corporat ion , C l e v e l a n d , Ohio, for approval t o

acquire up to 100 percent of the v o t i n g shares of The Lancaster Nat iona l Bank, L a n c a s t e r , Ohio. \j

A t l a n t a Southwest F l o r i d a Banks, I n c . , Fort Myers, F l o r i d a , for approval to acquire 100 percent of the v o t i n g shares of Peoples Bank of Hi l l sborough County, Tampa, F l o r i d a . 1/

Chicago Michigan Nat ional Corporat ion, B l o o m f i e l d H i l l s , Michigan, for approval to acquire 100 percent of the v o t i n g shares of the s u c c e s s o r by c o n s o l i d a t i o n to Bank of Lenawee County, Adrian, Michigan. J7

Minneapol i s Dacotah Bank Holding Company, Aberdeen, South Dakota, for approval to acquire 100 percent of the v o t i n g shares of Bank of Cresbard, Cresbard, South Dakota. _!/

D a l l a s C u l l e n / F r o s t Bankers, I n c . , San Anton io , Texas , for ap-proval to aquire 100 percent of the v o t i n g shares of North F r o s t Bank, Nat iona l A s s o c i a t i o n , San Antonio , Texas, a proposed new bank. JL/

Denied San Commercial S e c u r i t y Bancorporat ion , Ogden, Utah, for ap-F r a n c i s c o proval to acquire 100 percent of the v o t i n g shares of

Box Elder County Bank, Brigham C i t y , Utah.

* * * * *

To Reta in Bank Shares Acquired i n a F i d u c i a r y Capacity Pursuant to S e c t i o n 3 of the Bank Holding Company Act

of 1956

Approved A t l a n t a C i t i z e n s and Southern Corporat ion , Savannah, Georgia , for

approval to r e t a i n 3 6 . 2 percent of the v o t i n g shares of F i r s t Nat iona l Bank of Wauchula, Wauchula, F l o r i d a . 1/

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


H.2, 1981 No. 32 - 7 -


A t l a n t a Southern Bancorporat ion of Alabama, I n c . , f o r approval to r e t a i n i n d i r e c t l y through Birmingham Trust Nat ional Bank, Birmingham, Alabama, 19.65 percent of the outs tanding v o t i n g s h a r e s of The F i r s t Bank of A l a b a s t e r , A l a b a s t e r , Alabama. 1/

* * * * *

To Expand a Bank Holding Company Pursuant to S e c t i o n 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956

Approved New York C i t i c o r p , New York, New York, for approval to engage de

novo, through i t s s u b s i d i a r y , C i t i c o r p F i n a n c i a l , I n c . in o p e r a t i n g a r e t a i l check guarantee / check a u t h o r i z a t i o n program i n the S t a t e s of Maryland, P e n n s y l v a n i a , V i r g i n i a and Delaware and the D i s t r i c t of Columbia.

Kansas Ci ty V & V Holding Company, Lander, Wyoming, f o r approval to acquire 9 0 . 8 6 percent of the v o t i n g shares of Central Trust Company, Lander, Wyoming and thereby engage in p e r m i s s i b l e a c t i v i t i e s of a t r u s t company. 1/

Permitted New York B a r c l a y s Bank Limited and B a r c l a y s Bank I n t e r n a t i o n a l

L imi ted , both of London, England, reques t permiss ion to r e l o c a t e e x i s t i n g o f f i c e s engaging in the f o l l o w -ing a c t i v i t i e s (commercial f i n a n c e a c t i v i t i e s ) from One Post S t r e e t , San F r a n c i s c o , C a l i f o r n i a to S u i t e 1050, F i d e l i t y P laza , Grand and Harrison S t r e e t s , Oakland, C a l i f o r n i a , through t h e i r s u b s i d i a r y , Bare laysAmerican/Bus iness C r e d i t , I n c . ( 8 / 5 / 8 1 ) _3/

New York The Chase Manhattan Corporat ion , New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (making or a c q u i r i n g for i t s own account and f o r the account of o t h e r s , loans and other e x t e n s i o n s of c r e d i t , both secured and unsecured i n c l u d i n g , but not l i m i t e d t o , consumer and b u s i n e s s l i n e s of c r e d i t , i n s t a l l m e n t loans for p e r s o n a l , household and b u s i n e s s purposes and mortgage

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


H.2, 1981 No. 32 - 8 -


loans secured by r e a l property; to s e r v i c e loans and other e x t e n s i o n s of c r e d i t ; t o s e l l t r a v e l e r s checks at r e t a i l ; to act as insurance agent or broker for c r e d i t l i f e insurance and c r e d i t acc ident and h e a l t h insurance d i r e c t l y r e l a t e d to such l end ing and s e r v i c i n g a c t i v i t i e s ) at Coral Gables I n t e r n a t i o n a l P l a z a , South East Corner Le Jeune Road and Va lenc ia Avenue, Coral Gables , F l o r i d a , through i t s s u b s i d -i a r y , Chase Manhattan F i n a n c i a l S e r v i c e s , Inc . ( 8 / 1 / 8 1 ) J3/

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion to expand the s e r v i c e area of an e x i s t i n g o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (making, a c q u i r i n g and s e r v i c i n g , f o r i t s own account and for the account of o t h e r s , e x t e n s i o n s of c r e d i t secured by l i e n s on r e s i d e n t i a l real e s t a t e ; the p r e v i o u s l y approved s e r v i c e area i s comprised of C a l i f o r n i a ; the expanded s e r v i c e area would inc lude the e n t i r e s t a t e s of Nevada and Arizona) at 600 Ci ty Parkway West, S u i t e 710, Orange, C a l i f o r n i a , through i t s s u b s i d i a r y , C i t i c o r p Homeowners, Inc . ( 8 / 2 / 8 1 ) 3 /

New York Manufacturers Hanover Corporat ion , New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in t h e f o l l o w i n g 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 for the account of o t h e r s , loans and other 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, and arranging or s e r v i c i n g such loans and other e x t e n s i o n s of c r e d i t for any person) at 333 Market S t r e e t , San F r a n c i s c o , C a l i f o r n i a , through i t s s u b s i d i a r y , Manufacturers Hanover Commercial Corporat ion, (Delaware) ( 8 / 1 / 8 1 ) _3/

New York Manufacturers Hanover Corporat ion , New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a dje novo o f f i c e engaging in the f o l l o w -ing a c t i v i t i e s (purchas ing i n s t a l l m e n t s a l e s f inance c o n t r a c t s , and a c t i n g as an agent or broker for the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance and c r e d i t acc ident 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 to such loans and ex ten-s i o n s of c r e d i t ; Tempco L i f e Insurance Company would r e i n s u r e such c r e d i t l i f e and acc ident and h e a l t h insurance) at Diamond Savings B u i l d i n g , 6100 Channingway Boulevard, S u i t e 102, Columbus, Ohio, through i t s s u b s i d i a r y , I n v e s t o r s Loan Corporation of Ohio ( 8 / 1 / 8 1 ) 37

New York Manufacturers Hanover Corporat ion, New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w -ing a c t i v i t i e s (arrang ing , making or acquir ing f o r i t s own account or for the account of o t h e r s , loans and other ex ten -

3? 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behal f of the Board of Governors under d e l e g a t e d a u t h o r i t y .

I


H.2 , 1981 No. 32 - 9 -


s i o n s of c r e d i t secured by homeowner's equ i ty i n t e r e s t in a home such as would be made by a consumer f i n a n c e company, s e r v i c i n g such loans and other e x t e n s i o n s of c r e d i t for any person, and a c t i n g as a agent or broker for the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance which i s d i r e c t l y r e l a t e d to

' such loans and e x t e n s i o n s of c r e d i t ; Tempco L i f e Insurance Company would r e i n s u r e such c r e d i t l i f e and a c c i d e n t and h e a l t h insurance) at Diamond Savings B u i l d i n g , 6100 Channingway Boulevard, S u i t e 102, Columbus, Ohio, through i t s s u b s i d i a r y , I n v e s t o r s Mortgage Company of Ohio, Inc . ( 8 / 1 / 8 1 ) _3/

New York Manufacturers Hanover Corporat ion, New York, New York, r e q u e s t s permiss ion to r e l o c a t e an e x i s t i n g o f f i c e and to expand the s e r v i c e area of the r e l o c a t e d o f f i c e engaging in the f o l l o w -i n g a c t i v i t i e s (consumer f i n a n c e ; s a l e s f i n a n c e ; and a c t i n g as agent /broker for c r e d i t insurance) from 9975 E. Colfax Avenue, Aurora, Colorado, to 7200 E. Hampden Avenue, Denver, Colorado, t h e new o f f i c e w i l l s erve customers in Denver, G i l p i n , Boulder, J a f f e r s o n and Douglas C o u n t i e s , and South-western and West-Central Adams, Northwestern and West-Central Arapahoe, Southeastern Larimer, Southwestern Weld, Eastern Grand, Nor theas tern Park, Northern T e l l e r , Northwestern El P a s o , and Northwestern Elbert C o u n t i e s , through i t s s u b s i d i a r y , Termplan Inc . of Colorado ( 8 / 1 / 8 1 ) 3/

New York Manufacturers Hanover Corporat ion , New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a jde novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (arrang ing , making or a c q u i r i n g for i t s own account or for the account of o t h e r s , loans and other e x t e n s i o n s of c r e d i t secured by a homeowner's e q u i t y i n t e r e s t i n a home such as would be make by a consumer f i n a n c e company, s e r v i c i n g such loans and other e x t e n s i o n s of c r e d i t fo r any person; a c t i n g as an agent or broker for the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance triiich i s d i r e c t l y r e l a t e d to such loans and e x t e n s i o n s of c r e d i t , purchasing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , and a c t i n g as an agent or broker fo r the s a l e of s i n g l e and j o i n t c r e d i t l i f e insurance and c r e d i t acc ident and h e a l t h insurance triiich i s d i r e c t l y r e l a t e d to such loans and e x t e n s i o n s of c r e d i t ; R i t t e r L i f e Insurance Company would r e i n s u r e such c r e d i t r e l a t e d insurance; the jde novo o f f i c e would s erve the f o l l o w i n g c o u n t i e s : Mathews, G l o u c e s t e r , New Kent, Charles C i t y , James C i t y , Prince George, Surry, Southampton, I s l e of Wight, Middlesex , Nansemond, Southern King, Southern Oueen, Southern Northampton, Southern Lancas t er , and Northeas tern Sussex) at Rouse Tower, 6060 J e f f e r s o n Avenue, S u i t e 3 0 0 3 , Newport News, V i r g i n i a , through i t s s u b s i d i a r y , Finance One Mortgage of V i r g i n i a , I n c . ( 8 / 1 / 8 1 ) _3/

3/ 4 ( c ) ( 8 ) n o t i f i c a t i o n p r o c e s s e d by Rese rve Bank on b e h a l f of the Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1981 No. 32 - 10 -


Richmond Southern Bancorporat ion , I n c . , G r e e n v i l l e , South C a r o l i n a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (making e x t e n s i o n s of c r e d i t as a l i c e n s e d consumer f i -nance l ender) a t 121 East Choctow, S a l l i s a w , Oklahoma, through i t s s u b s i d i a r y , World Acceptance Corporat ion ( 8 / 5 / 8 1 ) 3 /

Richmond The Wachovia Corporat ion , Wins ton-Salem, North C a r o l i n a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (prov id ing mortgage banking s e r v i c e s , i n c l u d i n g t h e o r i g i n a t i o n and p r o c e s s i n g of r e s i d e n t i a l , c o n s t r u c t i o n , development, and income property mortgage l oans , the purchase and s a l e or placement of mortgage l o a n s , the a d m i n i s t r a t i o n and s e r v i c i n g of mortgage l o a n s , t h e management and s a l e of p r o p e r t i e s acquired through f o r e c l o s u r e or t r a n s f e r s i n l i e u of f o r e c l o s u r e and a c t i n g as agent for c r e d i t l i f e and c r e d i t acc ident and h e a l t h insurance and f o r property and c a s u a l t y insurance r e l a t e d to e x t e n s i o n s of c r e d i t ) a t 6201 Powers Ferry Road, A t l a n t a , Georg ia , through i t s sub-s i d i a r y , Wachovia Mortgage Company ( 8 / 2 / 8 1 ) 3/

A t l a n t a Barnett 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 , t o engage de novo in check v e r i f i c a t i o n a c t i v i t i e s from an a d d i t i o n a l o f f i c e of an e x i s t i n g s u b s i d i a r y known as V e r i f i c a t i o n s , I n c . ; a c t i v i t i e s are to be conducted from an o f f i c e l o c a t e d in Columbia, South Caro l ina ( 8 / 7 / 8 1 ) V

Chicago Michigan Nat iona l Corporat ion, B loomf ie ld H i l l s , Michigan, for approval to acquire 100 percent of the out s tanding v o t i n g shares o f Wolverine L i f e Insurance Company, Phoenix , Arizona which engages i n a c t i n g as an under-w r i t e r for c r e d i t l i f e and c r e d i t acc ident and h e a l t h insurance ( 8 / 8 / 8 1 ) 3 /

Chicago Walter E. H e l l e r I n t e r n a t i o n a l Corporat ion, Chicago, I l l i n o i s , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (performing a p p r a i s a l s of a l l types of rea l e s t a t e ( e . g . r e s i d e n t i a l , commercial and i n d u s t r i a l ) wherever l o c a t e d in the United S t a t e s , p r i m a r i l y for out s ide customers , wherever l o c a t e d , and for banking and nonbanking a f f i l i a t e s of the Appl icant pursuant to S e c t i o n 2 2 5 . 4 ( a ) ( 1 4 ) of Regu la t ion Y) a t 10 South La S a l l e S t r e e t , Chicago, I l l i n o i s , through a s u b s i d i a r y , Abacus Real ty Apprasers , Inc . ( 8 / 8 / 8 1 ) 3/

37 4 ( c ) ( 8 ) n o t i f i c a t i o n processed on behal f of the Board of Governors under de l ega ted a u t h o r i t y .


H. 2 , 1981 No. 32 - 1 1 -


S t . Louis F i r s t Arkansas Bankstock Corporat ion , L i t t l e Rock, Arkansas, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making a p p r a i s a l s on a l l types of rea l e s t a t e inc lud ing a g r i c u l t u r a l , r e s i d e n t i a l and commercial) a t 6th & Walnut

' S t r e e t s , P ine B l u f f , Arkansas, but a p p r a i s a l s would be made throughout the e n t i r e S t a t e , through a s u b s i d i a r y , Nat ional Credit Corporat ion (an i n d u s t r i a l loan i n s t i t u t i o n ) ( 8 / 7 / 8 1 ) 3 /

Kansas Ci ty Western Bancshares , I n c . , S t o c k t o n , Kansas, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (consumer and com-merc ia l f i n a n c e a c t i v i t i e s , i n c l u d i n g d i r e c t loans to consumers, a g r i c u l t u r a l c r e d i t and other types of lend-ing t h a t are ordinary and usual f o r the area being served) at 123 N. Cedar S t r e e t , S tockton , Kansas, s e r v i n g an area w i t h i n a 15-mi le radius of S tockton , Kansas ( 8 / 6 / 8 1 ) 3J

San BankAmerica Corporat ion, San F r a n c i s c o , C a l i f o r n i a , not i f i -Franc i s co c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making or

a c q u i r i n g for i t s own account loans and other e x t e n s i o n s of c r e d i t such as would be made or acquired by a f i n a n c e company, s e r v i c i n g loans and other 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 , c r e d i t - r e l a t e d a c c i d e n t and h e a l t h and c r e d i t - r e l a t e d property insurance; such a c t i v i t i e s w i 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 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 c o n t r a c t s , making loans and other e x t e n s i o n s of c r e d i t to small b u s i n e s s e s ; making loans and other e x t e n s i o n s of c r e d i t secured by r e a l and personal property ; and o f f e r i n g c r e d i t - r e l a t e d l i f e , c r e d i t - r e l a t e d acc ident and h e a l t h and c r e d i t - r e l a t e d property insurance d i r e c t l y r e l a t e d to e x t e n s i o n s of c r e d i t made or acquired by FinanceAmerica Consumer Discount Company) at 11 North 7 th S t r e e t , A1lentown, P e n n s y l v a n i a , s e r v i n g the 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 Pennsy lvania c o r p o r a t i o n ) ( 8 / 4 / 8 1 ) 3J

San Imperial Bancorp, Inglewood, C a l i f o r n i a , n o t i f i c a t i o n of F r a n c i s c o i n t e n t to engage i n de novo a c t i v i t i e s ( p r o v i d i n g f i -

nancing of c a p i t a l improvements and equipment a c q u i s i t i o n s by s t a t e , county and municipal government s u b d i v i s i o n s i n c l u d i n g the l e a s i n g of personal or rea l property or a c t i n g as a g e n t , broker or adviser in l e a s i n g such prop-er ty throughout the United S t a t e s ; the company w i l l a l s o act as investment or f i n a n c i n g advisor to S t a t e and l o c a l

~yj 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on beha l f of the Board of Governors under d e l e g a t e d a u t h o r i t y .


H. 2 , 1981 No. 32 - 1 2 -


governments) at 9920 So. La Cienega Boulevard, Inglewood, C a l i f o r n i a and an a d d i t i o n a l o f f i c e a t 7800 East Union Parkway, Denver, Colorado, the geographic area to be served w i l l be the United S t a t e s through a wholly-owned s u b s i d i a r y , Imperial Municipal S e r v i c e s Corporat ion (a C a l i f o r n i a Corporat ion) ( 8 / 8 / 8 1 ) 3/

* * * * *

Approval , Pursuant to Delegated A u t h o r i t y , of a M o d i f i c a t i o n of the Plan-Lender Repayment Schedule Provided For i n Regulat ion G, 12 CFR § 2 0 7 . 4 ( a ) ( 2 ) ( i i )

Approved Pursuant to Regu la t ion G and the Board's r u l e s on d e l e g a t i o n

of a u t h o r i t y , the D i r e c t o r of the D i v i s i o n of Banking S u p e r v i s i o n and Regulat ion has approved the a p p l i c a t i o n of the VERBATIM CORPORATION for r e l i e f from the d e f i c i e n c y repayment schedule s p e c i f i e d in the p l a n - l e n d e r p r o v i s i o n s of R e g u l a t i o n G (12 CFR § 2 0 7 . 4 ( a ) ( 2 ) ( i i ) .

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


H.2, 1981 No. 32 - 13 -

APPLICATIONS RECEIVED

To E s t a b l i s h a Domestic Branch Pursuant to S e c t i o n 9 of the Federal Reserve Act

P h i l a d e l p h i a Girard Bank, Bala Cynwyd, Pennsy lvan ia . To e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y at the C l i f t o n - A l d a n Commuter Rail S t a t i o n , S p r i n g f i e l d Road at J e f f e r s o n Avenue, C l i f t o n H e i g h t s , Pennsy lvania . 2 /

Exchange Bank and Trust Company of F l o r i d a , Tampa, F l o r i d a . To operate an automatic t e l l e r machine at 301 North Beneva Road, S a r a s o t a , F l o r i d a . 2/

Manufacturers Bank of L i v o n i a , L ivon ia , Michigan. To e s t a b l i s h a branch at 37601 F ive Mile Road, City of L i v o n i a , Wayne County, Michigan. 2]

The Union Commerce Bank, C leve land , Ohio. Requests per-mis s ion to e s t a b l i s h a branch at 3230 West 65th S t r e e t , C leve land , Cuyahoga County, Ohio . 2j

The Union Commerce Bank, C l e v e l a n d , Ohio. Requests per-m i s s i o n to e s t a b l i s h a branch at 14013 D e t r o i t Avenue, Lakewood, Cuyahoga County, Ohio. 2 /

Ohio C i t i z e n s Bank, T o l e d o , Ohio . Requests permiss ion to e s t a b l i s h a branch a t 5200 Harroun, S y l v a n i a , Lucas County, Ohio . 2J

* * * * *

To Become a Member of the Federal Reserve System Pursuant t o S e c t i o n 9 of the Federal Reserve Act

Kansas Ci ty S e c u r i t y Bank of Glenrock, Glenrock, Wyoming. 2J

* * * * *

To E s t a b l i s h an Overseas Branch of a Member Bank Pursuant t o S e c t i o n 25 of the Federal Reserve Act

New York Chase Manhattan Bank, N.A, New York, New York: pr ior n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h an i n i t i a l branch i n Karachi , Pak i s tan .

2 / A p p l i c a t i o n subject to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be c o n t a c t e d as to the l ength of the comment per iod .

i

A t l a n t a

Chicago

Cleveland

Cleve land

Cleveland


H.2, 1981 No. £ - 1 4 -

APPLICATIONS RECEIVED-Continued

A p p l i c a t i o n s and N o t i f i c a t i o n s for I n t e r n a t i o n a l I n v e s t -ments and Other Act ions Pursuant to S e c t i o n s 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

New York C i t i b a n k , N . A . , New York, New York: r e q u e s t s consent t o cont inue to hold shares of The Mercant i l e Bank of Canada a f t e r Mercant i l e e s t a b l i s h e s a s u b s i d i a r y to do b u s i n e s s in the United S t a t e s .

New York C i t i b a n k , N.A. , New York, New York on beha l f of Ci t ibank Overseas Investment Corporat ion , Wilmington, Delaware: prior n o t i f i c a t i o n of i t s i n t e n t to acquire and hold 40 percent of the ordinary v o t i n g shares of a de novo f o r e i g n bank, Bank of the N i g e r , L t d . , Lagos , N i g e r i a .

San Secur i ty P a c i f i c Overseas Corporat ion , Los Ange l e s , C a l i -F r a n c i s c o f o r n i a : pr ior n o t i f i c a t i o n of i t s i n t e n t t o make an

a d d i t i o n a l investment in T r i c o n t i n e n t a l Holdings L i m i t e d , A u s t r a l i a .

* * * * *

A t l a n t a

A t l a n t a

Chicago

Chicago

Chicago

To Form a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956

P e o p l e s Bancshares , I n c . , Lebanon, T e n n e s s e e , for approval t o acquire at l e a s t 80 percent of the v o t i n g shares of The P e o p l e s Bank, Lebanon, T e n n e s s e e . 2 /

S t . F r a n c i s v i l l e Bancshares , I n c . , S t . F r a n c i s v i l l e , L o u i s i a n a , for approval to acquire 100 percent of the v o t i n g s h a r e s of Bank of S t . F r a n c i s v i l l e , S t . F r a n c i s -V i l l i , L o u i s i a n a . 2 /

Burt Bancshares , I n c . , Burt, Iowa, f o r approval t o acquire 100 percent of t h e v o t i n g shares o f Burt Sav ings Bank, Burt , Iowa. 2/

Firstcom Bancorp, I n c . , Chicago, I l l i n o i s , f o r approval to acqu ire 80 percent or more of t h e v o t i n g shares of The F i r s t Commercial Bank, Chicago, I l l i n o i s . 2j

Leland Nat iona l Bancorp, I n c . , Le land, I l l i n o i s , for ap-proval t o acqu ire 100 percent of the v o t i n g shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the s u c c e s s o r by merger t o Leland Nat ional Bank, Le land, I l l i n o i s .

2? A p p l i c a t i o n subjec t to Community Reinvestment A c t . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contac ted as to the l ength of the comment per iod .

i


H.2 , 1981 No. 32 - 1 5 -


S t . Louis Poplar B l u f f Bancshares , I n c . , Poplar B l u f f , Mis sour i , f o r approval to acquire a t l e a s t 80 percent of the v o t i n g shares of F i r s t Nat ional Bank of Poplar B l u f f , Poplar B l u f f , M i s s o u r i . 2 /

Kansas C i t y Cache Bancshares , I n c . , Cache, Oklahoma, f o r approval to acquire a t l e a s t 80 percent of the v o t i n g shares of F i r s t S t a t e Bank, Cache, Oklahoma. 2j

Kansas Ci ty Chouteau Bancshares , I n c . , Chouteau, Oklahoma, for approval to a c q u i r e a t l e a s t 80 percent of the v o t i n g shares of Bank o f Commerce, Chouteau, Oklahoma. 2/

Kansas C i ty Southwest Bankshares , I n c . , Rio Rancho, New Mexico, f o r approval t o acquire a t l e a s t 80 percent of the v o t i n g shares of The Bank of the Southwest , Sandoval County (P.O. Rio Rancho), New Mexico. 2 /

Kansas C i t y United Kansas Bank Group, I n c . , Merriam, Kansas, f o r ap-proval to acquire a t l e a s t 80 percent of the v o t i n g shares of United Kansas Bank & Trus t , Merriam, Kansas. 2/

Kansas Ci ty Warner Bancorp, I n c . , Warner, Oklahoma, f o r approval to acquire a t l e a s t 80 percent of the v o t i n g shares of The S e c u r i t y Bank, Warner, Oklahoma. 2/

D a l l a s J a c i n t o C i t y Bancshares , I n c . , Houston, Texas , for ap-proval to acqu ire 100 percent ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of t h e v o t i n g shares of J a c i n t o C i t y Bank, J a c i n t o C i t y , Texas . 2 /

D a l l a s Reagan Bancshares , I n c . , Big Lake, Texas , for approval t o a c q u i r e at l e a s t 80 percent of the v o t i n g shares of Reagan S t a t e Bank, Big Lake, Texas . 2 /

D a l l a s Rio Grande Bancshares , I n c . , Las Cruces , New Mexico, f o r approval to acquire a t l e a s t 80 percent of the v o t i n g shares of F i r s t Nat ional Bank of Dona Ana County, Las Cruces , New Mexico. 2 /

D a l l a s Western Bancshares of Las Cruces , I n c . , Las Cruces , New Mexico, for approval to acquire a t l e a s t 80 percent of the v o t i n g shares of Western Bank, Las Cruces , New Mexico. 2 /

2? A p p l i c a t i o n subjec t to Community Reinvestment Ac t . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contac ted as to the l eng th of the comment p e r i o d .

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

H.2, 1981 No. 32 16


A t l a n t a

A t l a n t a

Chicago

Chicago

To Expand a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956

B lake ly Investment Company and Commercial Bankshares, I n c . , G r i f f i n , Georgia , for approval to acquire 100 percent of the v o t i n g shares of F i r s t C i t i z e n s Bank, F a y e t t e v i l l e , Georgia . 2/

CB&T Bancshares , I n c . , Columbus, Georgia , for approval to acquire a t l e a s t 51 percent of the v o t i n g shares of Coastal Bankshares, I n c . , S t . Simons I s l a n d , Georgia and i n d i r e c t l y acquire The Coasta l Bank of Georg ia , S t . Simons I s l a n d , Georgia . 2/

Centra l Wisconsin Bankshares , I n c . , Wausau, Wiscons in , for approval to acquire at l e a s t 80 percent of the v o t i n g shares of The F i r s t Nat iona l Bank at N e i l l s v i l l e , N e i l l s v i l l e , Wiscons in . 2 /

Middle S t a t e s Bancorporat i o n , I n c . , East Mo l i n e , I l l i n o i s , f o r approval to acquire at l e a s t 78 percent of the v o t i n g s h a r e s of Colona Avenue S t a t e Bank, Eas t Mol ine , I l l i n o i s . 2 /

Chicago NBD Bancorp, I n c . , D e t r o i t , Michigan, f o r approval to acquire a t l e a s t 80 percent of the v o t i n g shares of the s u c c e s s o r by c o n s o l i d a t i o n to The Roscommon S t a t e Bank, Roscommon, Michigan. 2 /

Chicago NBD Bancorp, I n c . , D e t r o i t , Michigan, f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of the s u c c e s s o r by c o n s o l i d a t i o n to Wolverine S t a t e Bank, Sandusky, Michigan. 2 /

S t . Louis F i r s t M i s s o u r i Banks, I n c . , Creve Coeur, Mis sour i , f o r approval to acquire 100 percent of the v o t i n g shares of F i r s t Mis sour i Bank of Washington, Washington, M i s s o u r i , a proposed new bank. 2j

Kansas City Commercial Bancorporation of Colorado, Denver, Colorado, for approval to acquire 100 percent of the v o t i n g shares of Century Bank North, Denver, Colorado, a proposed new bank. 2 /

2 / A p p l i c a t i o n subject to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contac ted as to the l ength of the comment per iod .


H.2, 1981 No. 32 - 17 -


Commercial Baricorporation of Colorado, Denver, Colorado, for approval to acquire 100 percent of the v o t i n g shares of Century Bank S o u t h e a s t , N . A . , Englewood, Colorado , a proposed new bank. 2/

F i r s t Ci ty Bancorporat ion of Texas, I n c . , Houston, Texas , for approval to acquire 100 percent of the v o t i n g shares of The Lake Jackson Bank of Lake Jackson, Texas , Lake Jackson , Texas . 2/

Texas American Bancshares I n c . , Fort Worth, Texas , f o r approval to acquire 100 percent of the v o t i n g shares of Farmers Branch Bank, Farmers Branch, Texas . 2/

Kansas Ci ty

D a l l a s

D a l l a s

* * * * *

To Expand a Bank Holding Company Pursuant to S e c t i o n 4 ( c ) ( 8 ) of the Bank Holding Company Act of 1956

Boston F i r s t Nat iona l Boston Corporat ion, Boston, Massachuse t t s , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( i n f a c t o r i n g , commercial f i n a n c i n g and persona l prop-e r t y l e a s i n g ) a t 500 Church S t r e e t , N a s h v i l l e , Tennessee , s e r v i n g the S t a t e s of Tennessee , Alabama, Arkansas, Kentucky, M i s s i s s i p p i , M i s s o u r i , North Caro l ina , Virgina and West V i r g i n i a , through i t s i n d i r e c t s u b s i d i a r y , FNB F i n a n c i a l Company ( 8 / 4 / 8 1 )

Boston I n d u s t r i a l Nat ional Corporat ion, Prov idence , Rhode I s l a n d , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( ( i ) consumer f inance and ( i i ) insurance agency i n v o l v -i n g the s a l e of c r e d i t l i f e , c r e d i t acc ident and h e a l t h and c r e d i t property insurance s o l d in connec t ion w i t h e x t e n s i o n s of c r e d i t ; the c r e d i t l i f e and c r e d i t a c c i -dent and h e a l t h insurance would be re insured by an a f f i l i a t e , Consumer L i f e Insurance Company) at 2752 West Main S t r e e t , S n e l l v i l l e , Georgia , s e r v i n g Gwinnett and Walton c o u n t i e s i n Georgia , through i t s i n d i r e c t s u b s i d i a r y , Southern Discount Company of Georgia ( 8 / 3 / 8 1 )

New York Barc lays Bank Limited and Barclays Bank I n t e r n a t i o n a l L i m i t e d , both of London, England, r e q u e s t s permiss ion to expand the a c t i v i t i e s of e x i s t i n g o f f i c e s to inc lude the f o l l o w i n g a c t i v i t i e s ( ( i ) l e a s e f i n a n c i n g of per-

2/ A p p l i c a t i o n s u b j e c t to Community Re invesmten t A c t . 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 Rese rve Bank may be c o n t a c t e d as to the l e n g t h of the comment p e r i o d . Digitized for FRASER

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

H.2 , 1981 No. 32 - 1 8 -


sonal property by means of l e a s e s that meet the standards of S e c t i o n 2 2 5 . 4 ( a ) ( 6 ) of Regulat ion Y and ( i i ) a c t i n g as agent for the s a l e of r e l a t e d c r e d i t l i f e , c r e d i t a c c i -dent and h e a l t h and c r e d i t property insurance with re spec t to such l e a s e s except that where automobiles are to be leased no in surance w i l l be o f f e r e d ; c r e d i t property insurance a c t i v i t i e s w i l l not be conducted from the Tennessee o f f i c e ) a t 4404 E. Independence Boulevard, Lanier P laza Center , C h a r l o t t e , North Caro l ina; 1211 S. Tryon S t r e e t , C h a r l o t t e , North Caro l ina ; 701 Market S t r e e t , Wilmington, North Caro l ina; 1231 W. Academy S t r e e t , Winston-Salem, North C a r o l i n a ; 627 Summit Avenue, Greens-boro , North Caro l ina; 618 N. Eugene S t r e e t , Greensboro, North C a r o l i n a ; 616 S. S a l i s b u r y S t r e e t , R a l e i g h , North Carol ina; 703 Rigsbee Avenue, Durham, North Caro l ina; 2321 Main S t r e e t , Columbia, South Caro l ina ; 1925 Bull S t r e e t , Columbia, South Caro l ina; 5422 Rivers Avenue, C h a r l e s t o n , South C a r o l i n a ; 670 E. Main S t r e e t , Spartanburg, South Caro l ina; Poppy Square, 100 McMillan S t r e e t , Spartanburg, South C a r o l i n a ; S. Knoxv i l l e S t a t i o n , 125 Moddy Avenue, S . E . , K n o x v i l l e , Tennessee , through t h e i r s u b s i d i a r y , Bare laysAmerican/Credi t , Inc . ( 8 / 7 / 8 1 )

New York The Chase Manhattan Corporat ion , New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (making and a c q u i r i n g , f o r i t s own account and the account of o t h e r s , secured and unsecured loans and o ther e x t e n s i o n s of c r e d i t , such as consumer and b u s i n e s s l i n e s of c r e d i t , and i n s t a l l m e n t l oans ; a c t -ing as insurance agent for c r e d i t l i f e and d i s a b i l i t y insurance d i r e c t l y r e l a t e d to such lending a c t i v i t i e s ; the s a l e of t r a v e l e r s cheques at r e t a i l ; the acceptance of s a v i n g s d e p o s i t s and the i s s u a n c e of c e r t i f i c a t e s of d e p o s i t and s i m i l a r ins truments ) at 1777 South Harrison S t r e e t , S u i t e 100/102, Denver, Colorado, s e r v i n g the S t a t e of Colorado, through i t s s u b s i d i a r y , Chase Manhattan I n d u s t r i a l Bank ( 8 / 7 / 8 1 )

New York The Chase Manhattan Corporat ion , New York, New York, r e q u e s t s permiss ion to e s t a b l i s h a de novo o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s (making and a c q u i r i n g , f o r i t s own account and the account of o t h e r s , secured and unsecured loans and o ther e x t e n s i o n s of c r e d i t such as consumer and b u s i n e s s l i n e s of c r e d i t and i n s t a l l m e n t l o a n s ; a c t -ing as insurance agent for c r e d i t l i f e and d i s a b i l i t y insurance d i r e c t l y r e l a t e d to such lending a c t i v i t i e s ; o f f e r i n g t h r i f t accounts and investment c e r t i f i c a t e s ) at 2 Corporate P l a z a , Newport Beach, C a l i f o r n i a , through

•=> i t s s u b s i d i a r y , Chase Manhattan of C a l i f o r n i a T h r i f t Corporat ion ( 8 / 7 / 8 1 )

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

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New York C i t i c o r p , New York, New York, f o r approval to engage through a s u b s i d i a r y , C i t i c o r p Government S e c u r i t i e s , I n c . , in underwri t ing and dea l ing in o b l i g a t i o n s of the United S t a t e s , o b l i g a t i o n s of var ious S t a t e s and t h e i r p o l i t i c a l s u b d i v i s i o n and c e r t a i n money market ins truments .

New York Manufacturers Hanover Corporat ion , New York, New York, n o -t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( a c t i n g as r e i n s u r e r of c r e d i t acc ident 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 to e x t e n s i o n s of c r e d i t in the S t a t e of New J e r s e y by R i t t e r Finance Company, Inc . of New J e r s e y , i n the S t a t e of Pennsy lvania by R i t t e r Con-sumer Discount Company, Inc . of Pennsy lvan ia , and in the S t a t e of V i r g i n i a by R i t t e r Finance Company, I n c . of V i r g i n i a , wholly-owned i n d i r e c t s u b s i d i a r i e s of Manufacturers Hanover Corporat ion) at 3103 Philmont Avenue, Huntingdon V a l l e y , P e n n s y l v a n i a , s e r v i n g New J e r s e y , Pennsylvania and V i r g i n i a , through i t s s u b s i d i a r y , R i t t e r L i f e Insurance Company ( 8 / 7 / 8 1 )

Chicago Burt Bancshares , I n c . , Burt, Iowa, for approval to engage i n genera l insurance a c t i v i t i e s i n a town with l e s s than 5 , 0 0 0 p o p u l a t i o n .

Chicago Griswold S t a t e Bancshares , I n c . , Griswold , Iowa, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (prov id ing book-keeping or data proces s ing s e r v i c e s for the i n t e r n a l opera-t i o n s of the ho ld ing company and i s s u b s i d i a r i e s and s t o r -ing and p r o c e s s i n g o ther banking, f i n a n c i a l or r e l a t e d economic data such as performing p a y r o l l , accounts r e c e i v a b l e or payab le , or b i l l i n g s e r v i c e s and tax recordkeeping; such s e r v i c e s would a l s o be provided for customers of Prokop Insurance Agency; a c t i v i t i e s would conform to S e c t i o n 2 2 5 . 4 ( a ) ( 8 ) ( i ) & ( i i ) of Regulat ion Y) a t 600 Main S t r e e t , Griwold, Iowa, t h e geographic scope i s Griswold, Iowa ( 7 / 2 8 / 8 1 )

Kansas Ci ty United Missouri Bancshares , I n c . , Kansas C i t y , Mis sour i , f or pr ior approval to expand the geographic scope of the r e c e n t l y approved o f f i c e of i t s s u b s i d i a r y , United Missour i Mortgage Company, l o c a t e d at United Missouri Bank of Ferguson, Ferguson, M i s s o u r i , t o inc lude the c o u n t i e s o f F r a n k l i n , Warren and L i n c o l n , a l l i n Missour i ( 8 / 5 / 8 1 )

Kansas Ci ty Warner Bancorp, I n c . , Warner, Oklahoma, f o r approval to engage i n the s a l e of c r e d i t r e l a t e d insurance through a s u b s i d i a r y to be known as Warner Insurance Agency, I n c . , Warner, Oklahoma.


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APPLICATIONS RECEIVED-Cont inued

San U.S. Bancorp, P o r t l a n d , Oregon, n o t i f i c a t i o n of i n t e n t to F r a n c i s c o engage i n de novo a c t i v i t i e s (making, a c q u i r i n g and s e r -

v i c i n g of loans and other e x t e n s i o n s of c r e d i t , e i t h e r secured or unsecured, for i t s own account or the account of o t h e r s i n c l u d i n g , but no l i m i t e d t o , commercial , r e -d i scount and i n s t a l l m e n t s a l e s c o n t r a c t s ; i s s u i n g t h r i f t c e r t i f i c a t e s and passbooks; and a c t i n g as insurance agent with regard to c r e d i t l i f e and d i s a b i l i t y insurance s o l e l y i n c o n n e c t i o n w i t h e x t e n s i o n s of c r e d i t by U.S. T h r i f t ) at La Hacienda Shopping Center a t 753(A) El Camino Rea l , Sunnyvale , C a l i f o r n i a ; the geographic area to be served w i l l be p r i n c i p a l l y the SMSA d e f i n e d as Santa Clara County, through i t s s u b s i d i a r y , U .S . T h r i f t & Loan ( 8 / 6 / 8 1 )

Agreements F i l e d Pursuant to S e c t i o n 8 of the S e c u r i t i e s Exchange Act of 1934

Hokuriku Bank of Toyama, Japan has f i l e d an agreement wi th the Federal Reserve Bank of New York (t*iich i s author ized to accept such agreements on beha l f of the Board of Governors under de l ega ted a u t h o r i t y ) undertaking to comply w i t h a l l p r o v i s i o n s which r e l a t e to the use of c r e d i t t o f i n a n c e t r a n s a c t i o n s i n s e c u r i t i e s .

* * * * *

REPORTS RECEIVED

Ownership Statement F i l e d Pursuant to S e c t i o n 13(d) of the S e c u r i t i e s Exchange Act

The Bank of Vienna, Vienna, V i r g i n i a F i l e d by: H,E. McCarty, Jr .

George D. Hicks , I n c . Mark S. Abraham J a c k i e Lee Hayes John D. Buhl Meyer H. Abraham HGM Limited Par tnersh ip

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

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Bank of B u r l i n g t o n , Bur l ing ton , V i r g i n i a F i l e d by: Evelyn Bur chard

Thomas C. Burchard

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PETITIONS FOR RULEMAKING

None.
