ANNOUNCEMENT BY

APPLICABLE RESERVE BANK

A t l a n t a

Ch i cago

A t l a n t a

Ch i cago

Chicago

Mirtneapo l i s

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM ( H . 2 , 1981 No. 24)

A c t i o n s of t h e Board ; A p p l i c a t i o n s and R e p o r t s

Rece ived During t h e Week Ending June 13, 1981

ACTIONS OF THE BOARD

R e g u l a t i o n T amendment to d e l e t e p r o v i s i o n p e r m i t t e d use of f o r e i g n c u r r e n c y in a m a r g i n a c c o u n t , e f f e c t i v e J u l y 13, 1981. (Docket No. R-0250)

Consumer Adv i so ry C o u n c i l - - S o l i c i t a t ion of nomina t i ons f o r member-s h i p ; n o m i n a t i o n s shou ld be r e c e i v e d by August 17, 1981.

F i r s t C i t y Bancorp , I n c . , M a r i e t t a , G e o r g i a , e x t e n s i o n of time u n t i l Oc tobe r 5 , 1981, w i t h i n which to become a bank h o l d i n g company th rough the a c q u i s i t i o n of the F i r s t N a t i o n a l Bank of Cobb County, M a r i e t t a , G e o r g i a . _1/

F i r s t S o u t h e a s t Banking C o r p . , D a r i e n , W i s c o n s i n , e x t e n s i o n of t ime t o August 5 , 1981, w i t h i n v*i ich to a c q u i r e 62 .06 p e r c e n t o r more of the v o t i n g s h a r e s of F i r s t S o u t h e a s t Bank, N . A . , Kenosha, W i s c o n s i n , and 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of F i r s t Bank S o u t h e a s t of S i l v e r Lake, S i l v e r Lake, Wiscons in . v

F i r s t S t a t e C o r p o r a t i o n , Albany , G e o r g i a , e x t e n s i o n of time w i t h i n uh ich to become a bank h o l d i n g company th rough a c q u i s i t i o n of s h a r e s of F i r s t S t a t e Bank & T r u s t Company, Albany, G e o r g i a , and S t a t e Bank of L e e s b u r g , L e e s b u r g , G e o r g i a . J 7

F & M BAnkshares , I n c . , M a r i n e t t e , W i s c o n s i n , e x t e n s i o n of time to August 18, 1981, w i t h i n vfo ich to become a bank ho ld ing company t h r o u g h the a c q u i s i t i o n of 100 p e r c e n t of the i n i t i a l c a p i t a l s t o c k of C i t i z e n s Bank of M a r i n e t t e , M a r i n e t t e , Wiscons in ( i n o r g a n i z a t i o n ) . J J

GRANT COUNTY STATE BANSHARES, INC. , Swayzee, I n d i a n a , e x t e n s i o n of t ime t o J u l y 5, 1981, w i t h i n vrfiich to become a bank h o l d i n g company th rough the a c q u i s i t i o n of 80 p e r c e n t or more of the v o t i n g s h a r e s of Grant County S t a t e Bank, Sway z e e , I n d i a n a . \ j

Bank of Lemmon, Lemmon, South Dakota , t o i n v e s t in bank p r e m i s e s . J /

1/ A p p l i c a t i o n p r o c e s s e d 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 .

I

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

H.2, 1981 No. 24 - 2 -

ACTIONS OF THE BOARD-Continued

Chicago B l i s s f i e l d S t a t e Bank, B i i s s f i e l d , Michigan , t o i n v e s t in bank p r e m i s e s . J 7

Kansas C i t y C i t i z e n s S t a t e Bank, Hugo, Oklahoma, i s s u a n c e of s u b o r d i n a t e d c a p i t a l d e b e n t u r e s . JL/

Kansas C i t y S e c u r i t y S t a t e Bank, W e a t h e r f o r d , Oklahoma, i s s u a n c e of sub-o r d i n a t e d c a p i t a l n o t e s . JL/

A t l a n t a S t . Bernard Bank and T r u s t Company, A r a b i , L o u i s i a n a , e x t e n s i o n of t ime u n t i l June 11 , 1982, w i t h i n which to e s t a b l i s h a b ranch to be known as C i v i c C e n t e r O f f i c e . 1/

M i n n e a o p l i s S t a t e Bank of Anoka, Anoka, M i n n e s o t a , to i n v e s t in bank p r e m i s e s . JL/

Chicago Y p s i l a n t i Sav ings Bank, Y p s i l a n t i , Mich igan , t o i n v e s t in bank p r e m i s e s . JL/

A t l a n t a American Bank and T r u s t Company of Houma, Houma, L o u i s i a n a , proposed merger wi th New American Bank, Houma, L o u i s i a n a ; r e p o r t to t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1/

San Idaho F i r s t N a t i o n a l Bank, B o i s e , I d a h o , p roposed merger w i t h F r a n c i s c o t h e New Idaho F i r s t N a t i o n a l Bank, B o i s e , I d a h o , under t h e

c h a r t e r of the l a t t e r and t h e t i t l e of the Idaho F i r s t N a t i o n a l Bank; r e p o r t t o t h e C o m p t r o l l e r of t h e Cur rency on c o m p e t i t i v e f a c t o r s . If

New York N i a g a r a County S a v i n g s Bank, N i a g a r a F a l l s , New York, p r o p o s a l to merge N i a g a r a F i r s t Sav ings and Loan A s s o c i a t i o n , Kenmore, New York; r e p o r t to t h e F e d e r a l Depos i t I n s u r a n c e C o r p o r a t i o n on c o m p e t i t i v e f a c t o r s . 1/

San JBC I n v e s t m e n t , I n c . , San R a f a e l , C a l i f o r n i a , proposed merger F r a n c i s c o w i t h and i n t o Vacca Va l l ey Bank, C a c a v i l l e , C a l i f o r n i a , unde r

the c h a r t e r and t i t l e of t h e l a t t e r ; r e p o r t to t h e F e d e r a l D e p o s i t I n s u r a n c e C o r p o r a t i o n 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 p r o c e s s e d 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 .

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

H.2 , 1981 No. 24 3 -

ACTIONS OF THE BOARD-Continued

To Become a Member of the F e d e r a l Reserve System P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l Reserve Act

Approved S t . Lou i s G r a v o i s Avenue Bank, S t . L o u i s County, M i s s o u r i . _!/

* * * * *

I s s u e d I n t e n t Not t o D i s a p p r o v e Change of C o n t r o l P u r s u a n t t o Change i n Bank C o n t r o l Act of 1978

Not Disapproved Kansas C i t y Miami N a t i o n a l B a n c s h a r e s , I n c . , Miami, Oklahoma. J J

* * * * *

To E s t a b l i s h a Domestic Branch P u r s u a n t to S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act

Approved Richmond P e o p l e s Bank of D a n v i l l e , D a n v i l l e , V i r i g n i a , to e s t a b l i s h

a branch a t 140 South Main S t r e e t , Chatham, P i t t s y l v a n i a County, V i r g i n i a . JL/

* * * * *

To Merge P u r s u a n t to S e c t i o n 1 8 ( c ) of t h e F e d e r a l Depos i t I n s u r a n c e Act

Approved S t . L o u i s G r a v o i s Bank, S t . L o u i s County , M i s s o u r i , t o merge w i t h Gravo i s

Avenue Bank, S t . L o u i s County, M i s s o u r i . J J

1/ A p p l i c a t i o n s p roces sed on b e h a l f of the Board of Governors under d e l e g a t e d aut h o r i t y .

1

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

H . 2 , 1981 No. 24 4 -

ACTIONS OF THE BOARD-Cont inued

A p p l i c a t i o n s and n o t i f i c a t i o n s f o r I n t e r n a t i o n a l I n v e s t -ments and o t h e r A c t i o n s Pu r suan t to S e c t i o n 25 and 2 5 ( a ) of the F e d e r a l Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) and 4 ( c ) ( 1 3 ) of t h e Bank Hold ing Company Act of 1956, as amended

Approved San S e c u r i t y P a c i f i c N a t i o n a l Bank, Los A n g e l e s , C a l i f o r n i a : g r a n t s F r a n c i s c o c o n s e n t to make an a d d i t i o n a l i n v e s t m e n t in S e c u r i t y P a c i f i c

O v e r s e a s C o r p o r a t i o n , (SPOC), Los A n g e l e s , C a l i f o r n i a ; f o r SPOC t o amend A r t i c l e SEVENTH of i t s a r t i c l e s of a s s o c i a t i o n t h e r e b y i n c r e a s i n g i t s c a p i t a l s t o c k t o 410 ,000 s h a r e s ; f o r SPOC t o make an a d d i t i o n a l i n v e s t m e n t in S e c u r i t y P a c i f i c O v e r s e a s I n v e s t m e n t C o r p o r a t i o n (SPOIC), Los A n g e l e s , C a l i -f o r n i a ; and f o r SPOIC t o make an a d d i t i o n a l i n v e s t m e n t in S e c u r i t y P a c i f i c I n t e r n a t i o n a l F i n a n c e , L t d . , T o r o n t o , O n t a r i o , Canada

S i x t y Day N o t i f i c a t i o n P e r i o d Allowed t o E x p i r e A l l i e d Bank I n t e r n a t i o n a l , New York , New York: no o b j e c t i o n

t o i n v e s t in A l l i e d P a c i f i c C o r p o r a t i o n , Panama C i t y , R e p u b l i c of Panama.

New York

San F r a n c i s c o

C i t i b a n k O v e r s e a s I n v e s t m e n t C o r p o r a t i o n , Wi lmington , De laware : no o b j e c t i o n to a c q u i r e 50 p e r c e n t p lus t h r e e s h a r e s of The D i n e r s Club L i m i t e d , Fa rnborough , E n g l a n d .

We l l s F a r g o Bank, N . A . , San F r a n c i s c o , C a l i f o r n i a : no o b j e c t i o n t o make a s u b o r d i n a t e d loan to Wel l s Fa rgo L i m i t e d , London, E n g l a n d .

* * * * *

To Form a Bank Hold ing Company P u r s u a n t to S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Ho ld ing Company Act of 1956

Withdrawn D a l l a s Memphis B a n c s h a r e s , I n c . , Memphis, T e x a s , fo r a p p r o v a l to a c -

q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of F i r s t S t a t e Bank, Memphis, T e x a s . If

D a l l a s M a n s f i e l d B a n c s h a r e s , I n c . , Mans f i e l d , L o u i s i a n a , f o r appvoval to a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Mans f i e l d Bank and T r u s t Company, M a n s f i e l d , L o u i s i a n a . \J

1/ A p p l i c a t i o n p r o c e s s e d 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 .

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

H . 2 , 1981 No. 24 5

ACTIONS OF THE BOARD-Continued

Approved C l e v e l a n d

A t l a n t a

Chicago

Ch i cago

S t . L o u i s

S t . Lou i s

Kansas C i t y

Kansas C i t y

Kansas C i t y

Kansas C i t y

The F i r s t N a t i o n a l P e n n s y l v a n i a C o r p o r a t i o n , M e a d v i l l e , Penn-s y l v a n i a , f o r approva l to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of P e n n s y l v a n i a , M e a d v i l l e , P e n n s y l v a n i a . If

BancIndependen t I n c o r p o r a t e d , S h e f f i e l d , Alabama, f o r approval to a c q u i r e a t l e a s t 80 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 C o l b e r t N a t i o n a l Bank, S h e f f i e l d , Alabama. J J

B e l l Tower F i n a n c i a l , I n c o r p o r a t e d , Stanwood, Iowa, for approva l t o a c q u i r e a t l e a s t 9 9 . 8 p e r c e n t of the v o t i n g s h a r e s of Union T r u s t & S a v i n g s Bank, Stanwood, Iowa. JL/

The Boone C o r p o r a t i o n , Lebanon , I n d i a n a , f o r approva l to a c q u i r e a t l e a s t 80 pe rcen t of t h e v o t i n g s h a r e s ( e x c e p t d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the s u c c e s s o r by merger to The Boone County S t a t e Bank, Lebanon, I n d i a n a . JL/

CB B a n c s h a r e s , I n c . , J e f f e r s o n v i l l e , I n d i a n a , f o r app rova l to a c q u i r e 100 p e r c e n t of t h e o u t s t a n d i n g v o t i n g s h a r e s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the s u c c e s s o r by merger w i t h C i t i z e n s Bank & T r u s t Co . , J e f f e r s o n v i l l e , I n d i a n a . If

Gravo i s B a n c o r p . , I n c . , S t . L o u i s County , M i s s o u r i , f o r approva l to a c q u i r e 100 pe rcen t of t h e v o t i n g s h a r e s of Gravo i s Avenue Bank, S t . L o u i s County , M i s s o u r i . JL/

Crown B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , for a p p r o v a l t o a c q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of Lawrence , Lawrence, Kansas and up to 24 .4 p e r c e n t of the v o t i n g s h a r e s of The Merchan t s N a t i o n a l Bank of Topeka , Topeka, Kansas . if

Farmers S t a t e B a n k s h a r e s , I n c . , Burns, Wyoming, f o r approva l to a c q u i r e a t l e a s t 97 p e r c e n t of t h e v o t i n g s h a r e s of The Farmers S t a t e Bank of Burns , Burns, Wyoming . J[J

F i r s t Broken Arrow C o r p o r a t i o n , Broken Arrow, Oklahoma, for ap -p r o v a l to a c q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of Broken Arrow, Broken Arrow, Oklahoma. J 7

Harvard Tower Holding C o r p o r a t i o n , T u l s a , Oklahoma, f o r ap-p r o v a l to 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 Harvard Tower Bank, T u l s a , Oklahoma, if

if A p p l i c a t i o n p r o c e s s e d ' o n 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 .

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

H.2, )9Ht ^o . 24

ACTIONS OF THE BOARD-Continued

Kansas C i t y King B a n c s h a r e s , I n c . , Kingman, Kansas , f o r approval to ac -q u i r e a t l e a s t 92 pe rcen t of t h e v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of Kingman, Kingman, Kansas . JL/

Kansas C i t y Pagosa S p r i n g s Holding Company, Pagosa S p r i n g s , C o l o r a d o , f o r app rova l to a c q u i r e 9 0 . 3 3 p e r c e n t of the v o t i n g s h a r e s of The C i t i z e n s Bank of Pagosa S p r i n g s , Pagosa S p r i n g s , C o l o r a d o . 1/

Kansas C i t y S h i d l e r B a n c s h a r e s , I n c . , S h i d l e r , Oklahoma, f o r approva l to a c q u i r e 80 pe rcen t o r more of t h e v o t i n g s h a r e s of S h i d l e r S t a t e Bank, S h i d l e r , Oklahoma. 1/

Dal l a s North Texas B a n c s h a r e s , I n c . , Nor th R ich l and H i l l s , T e x a s , f o r a p p r o v a l to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of Bank of Nor th T e x a s , Nor th R i c h l a n d H i l l s , Texas and Meadowbrook N a t i o n a l Bank, For t Worth , T e x a s . 1/

Dal l a s Rus ton B a n c s h a r e s , I n c . , R u s t o n , L o u i s i a n a , fo r a p p r o v a l to a c -q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of Rus ton S t a t e Bank & T r u s t Company, R u s t o n , L o u s i s i a n a . 1/

San F i r s t S t a t e B a n c s h a r e s , I n c . , P o r t O r c h a r d , Washington, f o r ap-F r a n c i s c o p r o v a l to a c q u i r e 80 pe rcen t of more 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, P o r t Orcha rd , Washington . 1/

San Moore F i n a n c i a l Group I n c o r p o r a t e d , B o i s e , I d a h o , for app rova l F r a n c i s c o to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of The Idaho F i r s t

N a t i o n a l Bank, B o i s e , I d a h o . 1/

* * * * *

To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Hold ing Company Act of 1956

Approved A t l a n t a F i r s t F l o r i d a Banks, I n c . , Tampa, F l o r i d a , f o r app rova l t o a c -

q u i r e no l e s s t h a n 9 8 . 4 pe r cen t of t h e v o t i n g s h a r e s of Bank of C l e a r w a t e r , C l e a r w a t e r , F l o r i d a and f o r Mult i - L i n e , I n c . , Tampa, F l o r i d a to a c q u i r e an a d d i t i o n a l 8 . 3 pe rcen t of t h e v o t i n g s h a r e s of F i r s t F l o r i d a Banks, I n c . , Tampa, F l o r i d a . J.J

Chicago C i t i z e n s Bancor pora t i o n , Sheboygan, W i s c o n s i n , for a p p r o v a l t o a c q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of G i l l e t t S t a t e Bank, C i l l e t t , Wiscons in . If

1/ A p p l i c a t i o n p rocessed on b e h a l f of the Board of Governors under d e l e g a t e d aut ho r i t y.

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

H.2, MSI Mo. 24 - 7 -

ACTIONS OF THE BOARD-Cont inued

S t . Lou i s S h e l b y v i I l e B a n c s h a r e s , I n c . , S h e l b y v i l l e , M i s s o u r i , f o r ap-p rova l to a c q u i r e 81 .85 pe rcen t of t h e v o t i n g s h a r e s of Farmers and Merchan t s Bank of Green Ridge , Green Ridge, Mis s o u r i .

D a l l a s F i r s t A b i l e n e B a n k s h a r e s , I n c . , A b i l e n e , Texas , f o r approva l to a c q u i r e 80 pe rcen t o r more of t h e v o t i n g s h a r e s of F i r s t N a t i o n a l Bank, S w e e t w a t e r , Texas , S w e e t w a t e r , Texas . 1 /

D a l l a s Texas Commerce B a n c s h a r e s , I n c . , Hous ton , Texas , f o r approva l to a c q u i r e 100 pe rcen t of t h e v o t i n g s h a r e s of Fr iendswood Bank, F r i endswood , T e x a s . 1/

* * * *

To Expand a Bank Hold ing Company P u r s u a n t to S e c t i o n 4 ( c ) ( 8 ) of t h e Bank Holding Company Act of 1956

Approved Kansas C i t y N o r t o n v i l l e B a n c s h a r e s , I n c . , N o r t o n v i l l e , Kansas , fo r a p p r o v a l

to a c q u i r e N o r t h e a s t Kansas Agency, I n c . , N o r t o n v i l l e , Kansas , and t h e r e b y engage in t h e s a l e of g e n e r a l i n s u r a n c e in a community of l e s s than 5 , 0 0 0 p o p u l a t i o n . J J

R e a c t i v a t e d Kansas C i t y F i d e l i t y of Oklahoma, I n c . , Oklahoma C i t y , Oklahoma, 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 in a c t i v i t i e s (making o r 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 , l oans and o t h e r e x t e n s i o n s of c r e d i t ) a t F i d e l i t y P l a z a , Robinson a t Rober t S. K e r r Avenue, Oklahoma C i t y , Oklahoma, t h e geog raph i c a r e a to be s e r v e d a r e t h e S t a t e s of Oklahoma, Texas , Kansas , M i s s o u r i , Colorado and A r k a n s a s . ( 6 / 8 / 8 1 ) 3/

San BankAmer i c a C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , not i f i -F r a n c i s c o 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 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 o r acqu i r ed by a f i n a n c e company; s e r v i c i n g 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 i n s u r a n c e and c r edi t - r e la t ed a c c i d e n 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 w i l l i n c l u d e , bu t 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 , p u r c h a s i n g 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 e x t e n s i o n s of

3/ 6 ( c ) ( 2 ) n o t i f i c a t i o n p roce s sed by Reserve Bank on beha l f of the Board of Cover no rs under d e l e g a t e d a u t h o r i t y .

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c r e d i t to sma l l b u s i n e s s e s , making loans and o t h e r e x t e n -s i o n s of c r e d i t s ecured by r e a l and p e r s o n a l 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 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 i n s u r a n c e 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 acqu i r ed by F inanceAmer ica I n d u s -t r i a l P l a n , I n c . ) a t 1141 E a s t A It amonte D r i v e , Al tamonte S p r i n g s , F l o r i d a , s e r v i n g t h e e n t i r e s t a t e of F l o r i d a , t h rough i t s i n d i r e c t s u b s i d i a r y , F inanceAmerica I n d u s t r i a l P l a n , I n c . , a F l o r i d a c o r p o r a t i o n ( 6 / 1 2 / 8 1 ) 3/

BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , n o t i f i c a -t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t o engage in a c t i v i t i e s i n c i d e n t a l to t h e s a l e of t r a v e l e r s checks) a t 35 Dav ies S t r e e t , t h rough i t s s u b s i d i a r y , BA Cheque Cor-p o r a t i o n , London, England ( 6 / 1 2 / 8 1 ) 3 /

S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , C a l i f o r n i a , n o t i -f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o engage i n c e r t a i n c l e a r i n g and c u s t o d i a n a c t i v i t i e s w i t h r e s p e c t t o s e c u r i t i e s , commerc ia l paper and s i m i l a r i n -s t r u m e n t s , such as a c t i n g as f o rwa rd ing a g e n t , coupon pay ing agent and p r o v i d e r of t r a d e c o n f i r m a t i o n s e r v i c e s and a c t i n g as i s s u i n g and pay ing agen t f o r commercial paper and s i m i l a r i n s t r u m e n t s , as w e l l as a c t i v i t i e s i n c i d e n t t h e r e t o , such as the making of c a l l loans to s e c u r i t i e s d e a l e r s ) a t 300 Montgomery S t r e e t , San F r a n c i s c o , C a l i f o r n i a , t h e g e o g r a p h i c a r e a to be served i s t h e Uni ted S t a t e s , t h rough i t s whol ly-owned s u b s i d -i a r y , S e c u r i t y P a c i f i c C l e a r i n g & S e r v i c e s Corp . ( 6 / 8 / 8 1 ) 3/

P e r m i t t e d Boston I n d u s t r i a l N a t i o n a l C o r p o r a t i o n , P r o v i d e n c e , 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 r e l o c a t e de novo a c t i v i t i e s ( ( i ) consumer f i n a n c e and ( i i ) i n s u r a n c e agency a c t i v i t i e s f o r t he s a l e of c r e d i t l i f e and c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e 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 ) f rom an o f f i c e in Mo l i n e , I l l i n o i s to an e x i s t i n g o f f i c e l o c a t e d a t 4711 Nor th Brady , D a v e n p o r t , Iowa, th rough i t s i n d i r e c t sub -s i d i a r y , Mortgage A s s o c i a t e s , I n c . ( 6 / 1 1 / 8 1 ) 3/

New York C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to expand the s e r v i c e a r e a of an e x i s t i n g o f f i c e engaging i n the f o l l o w i n g a c t i v i t i e s ( t h e making or a c q u i r i n g of loans and o t h e r e x t e n s i o n s of c r e d i t , s ecu red or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ; t he e x t e n s i o n s of loans t o d e a l e r s f o r the f i n a n c i n g of i n v e n t o r y ( f l o o r p l a n n i n g ) and working c a p i t a l p u r p o s e s ; t h e p u r c h a s i n g and s e r v i c i n g of

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 .

San F r a n c i s c o

San F r a n c i sco

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s a l e s f i n a n c e c o n t r a c t s f o r i t s own a c c o u n t ; the s a l e of c r e d i t r e a l t e d l i f e and a c c i d e n t and h e a l t h or d e c r e a s i n g o r l e v e l ( i n the case of s i n g l e payment l o a n s ) term l i f e i n s u r a n c e by l i c e n s e d a g e n t s or b r o k e r s as r e q u i r e d ; t h e s a l e of c r e d i t r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e p r o t e c t i n g r e a l and p e r s o n a l p r o p e r t y s u b j e c t to a s e c u r i t y agreement w i t h C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . , to t h e e x t e n t p e r m i s s i b l e under a p p l i c a b l e S t a t e i n s u r a n c e laws and r e g u l a t i o n s ; t he making of l oans to i n d i v i d u a l s and b u s i n e s s e s t o f i n a n c e t h e p u r c h a s e of mobi le homes, modular u n i t s o r r e l a t e d manufac tu red h o u s i n g , t o g e t h e r wi th t h e r e a l p r o p e r t y t o vfaich such h o u s i n g i s o r w i l l be p e r m a n e n t l y a f f i x e d , such p r o p e r t y b e i n g used as s e c u r i t y f o r t h e l o a n s and t h e s e r v i c i n g , for any p e r s o n , of loans and o t h e r e x t e n s i o n s of c r e d i t ; t he p r e v i o u s l y approved s e r v i c e a r e a would be expanded to i n c l u d e t h e e n t i r e S t a t e of Montana; e x c e p t t h a t t h i s a p p l i c a t i o n would not expand t h e s e r v i c e a r e a fo r t h e s a l e of c r e d i t r e l a t e d p r o p e r t y and c a s u a l t y i n s u r a n c e ; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h i n s u r a n c e may be w r i t t e n by Family Guard ian L i f e I n s u r a n c e Company, an a f f i l i a t e of C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . ) a t 1755 W e s t g a t e , S u i t e 225, B o i s e , I d a h o , th rough i t s s u b s i d i a r y , C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . (Delaware) ( 6 / 1 1 / 8 1 ) 3 /

New York C i t i c o r p , New York, New York, r e q u e s t s p e r m i s s i o n to e s t a b l i s h a de novo o f f i c e e n g a g i n g in t h e f o l l o w i n g a c t i v i t i e s ( t h e making o r a c q u i r i n g of l o a n s and o t h e r e x t e n s i o n s of c r e d i t , s e c u r e d o r u n s e c u r e d , fo r consumer and o t h e r p u r p o s e s ; t h e e x t e n s i o n s of l o a n s to d e a l e r s f o r the f i n a n c i n g of i n v e n t o r y ( f l o o r p l a n n i n g ) and working c a p i t a l p u r p o s e s ; t h e p u r c h a s i n g and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ; t h e s a l e of c r e d i t r e l a t e d l i f e and a c c i d e n t and h e a l t h o r d e c r e a s i n g o r l e v e l ( i n the case of s i n g l e payment l o a n s ) t e rm l i f e i n s u r a n c e by l i c e n s e d b r o k e r s as r e q u i r e d ; t h e making of l o a n s to i n d i v i d u a l s and b u s i n e s s e s to f i n a n c e t h e p u r c h a s e of mobi le homes, modular u n i t s o r r e l a t e d m a n u f a c t u r e d h o u s i n g , t o g e t h e r w i t h the r e a l p r o p e r t y to which such h o u s i n g i s o r w i l l be p e r m a n e n t l y a f f i x e d , such p r o p e r t y b e i n g used as s e c u r i t y f o r the l o a n s ; and t h e s e r v i c i n g , for any p e r s o n , of loans and o t h e r e x t e n s i o n s of c r e d i t ; t he proposed s e r v i c e a r e a of t he o f f i c e would be compr i sed of t h e e n t i r e S t a l e of South C a r o l i n a ; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h i n s u r a n c e may be w r i t t e n by Fami ly Guard ian L i f e I n s u r a n c e Company, an a f f i l i a t e of

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 .

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

H.2 , 1981 No. 24 - 10 -

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C i t i c o r p P e r s o n - C o - P e r s o n F i n a n c i a l C e n t e r , I n c . ) a t Dutch P l a z a , 800 Dutch Square B o u l e v a r d , S u i t e 100, Columbia, South C a r o l i n a , t h rough i t s s u b s i d i a r y , C i t i c o r p P e r s o n - t o -P e r s o n F i n a n c i a l C e n t e r , I n c . (Delaware) ( 6 / 1 1 / 8 1 ) 3 /

New York M a n u f a c t u r e r s Hanover C o r p o r a t i o n , New York, New York, r e q u e s t s p e r m i s s i o n to r e l o c a t e an e x i s t i n g o f f i c e e n g a g i n g in t h e 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 home e q u i t y l e n d i n g a c t i v i t i e s and in t he 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 i n s u r a n c e and c r e d i t a c c i d e n t , h e a l t h and p r o p e r t y i n s u r a n c e ; t h e new o f f i c e w i l l s e r v e cus tomers i n J a c k s o n County , Clay County , N o r t h e r n Cass County, Western L a f a y e t t e Coun ty , and Southwest Ray County) from 304 E a s t 23rd S t r e e t , I n d e p e n d e n c e , M i s s o u r i , t o 13926 No land C o u r t , Independence , M i s s o u r i , t h rough i t s s u b s i d i a r y , Termplan I n c o r p o r a t e d of M i s s o u r i ( 6 / 1 2 / 8 1 ) 3 /

A t l a n t a B a r n e t t 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 to engage in de novo a c t i v i t i e s ( p e r f o r m i n g or c a r r y i n g on any one o r more of t h e f u n c t i o n s o r a c t i v i t i e s t h a t may be per formed o r c a r r i e d on by t r u s t company ( i n c l u d -i n g a c t i v i t i e s of a f i d u c i a r y , agency , o r c u s t o d i a n n a t u r e ) a t 100 Nor th Bay S t r e e t , E u s t i s , F l o r i d a , t h r o u g h a s u b s i d i a r y , B a r n e t t Banks T r u s t Company, N.A. ( 6 / 1 2 / 8 1 ) 3 /

Chicago Hawkeye B a n c o r p o r a t i o n , Des Moines , Iowa, 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 (mortgage banking by o r i g i n a t i n g , p r o c e s s i n g , c l o s i n g , b u y i n g , s e l l i n g and s e r v i c i n g f i r s t and second mortage r e a l e s t a t e l oans and a c t i n g as an agen t i n the s a l e of i n s u r a n c e d i r e c t l y r e -l a t e d to t h e e x t e n s i o n of c r e d i t ) t h e g e o g r a p h i c scope i n c l u d e s t he S t a t e of Iowa, M i s s o u r i , I l l i n o i s , W i s c o n s i n , M i n n e s o t a , South D a k o t a , Nebraska and K a n s a s , t h rough i t s s u b s i d i a r y , Hawkeye Mortgage Company ( 6 / 1 2 / 8 1 ) 3/

Kansas C i t y F i d e l i t y of Oklahoma, I n c . , Oklahoma C i t y , Oklahoma, n o t i f i c a -t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making or a c q u i r i n g for i t s own account o r fo r t h e account of o t h e r s , loans and o t h e r e x t e n s i o n s of c r e d i t ) a t F i d e l i t y P l a z a , Robinson a t Robe r t S. Kerr Avenue, Oklahoma C i t y , Oklahoma, t he g e o g r a p h i c a r e a to be se rved i n c l u d e s the S t a t e of Oklahoma, Texas , Kansas , M i s s o u r i , Colorado and Arkansas ( 6 / 8 / 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 .

1

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H.2 , 1981 No. 24 11 -

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D a l l a s N o r t h e a s t United Bancorp, I n c . , of Texas , For t Worth , Texas , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o engage in d a t a p r o c e s s i n g f o r i t s s u b s i d i a r i e s and one o t h e r bank i n A r l i n g t o n , Texas) a t 1600 Eas t P i o n e e r Parkway, A r l i n g t o n , Texas ( 6 / 1 2 / 8 1 ) 3 /

San BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , not i f i c a -F r a n c i s c o t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t o engage in

a c t i v i t i e s i n c i d e n t a l to t h e s a l e of t r a v e l e r s checks ) a t 35 Dav i e s S t r e e t , t h rough i t s s u b s i d i a r y , BA Cheque Cor-p o r a t i o n , London, England ( 6 / 1 2 / 8 1 ) 3 /

San BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , no t i f i -F r a n c i s c o 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

o r a c q u i r i n g f o r i t s own account l o a n s and o t h e r e x t e n -s i o n s of c r e d i t such as would be made o r a c q u i r e d by a f i n a n c e company; s e r v i c i n g loans and o t h e r e x t e n s i o n s of c r e d i t ; 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 i n s u r a n c e and 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 i n s u r a n c e ; such a c t i v i t i e s w i l l i n c l u d e , but no t 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 , p u r c h a s i n g 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 the r e x t e n s i o n s of c r e d i t to s m a l l b u s i n e s s e s , making loans and o t h e r e x t e n -s i o n s of c r e d i t secured by r e a l and p e r s o n a l 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 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 i n s u r a n c e 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 o r a c q u i r e d by F inanceAmer ica I n d u s -t r i a l P l a n , I n c . ) a t 1141 E a s t Al tamonte D r i v e , Al tamonte S p r i n g s , F l o r i d a , s e r v i n g t h e e n t i r e s t a t e of F l o r i d a , t h rough i t s i n d i r e c t s u b s i d i a r y , F inanceAmerica I n d u s t r i a l P l a n , I n c . a F l o r i d a c o r p o r a t i o n ( 6 / 1 2 / 8 1 ) 3 /

San S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , C a l i f o r n i a , n o t i -F r a n c i s c o f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t o

engage i n c e r t a i n c l e a r i n g and c u s t o d i a n a c t i v i t i e s wi th r e s p e c t to s e c u r i t i e s , commercial p a p e r and s i m i l a r i n -s t r u m e n t s , such as a c t i n g as f o r w a r d i n g a g e n t , coupon paying agen t and p r o v i d e r of t r a d e c o n f i r m a t i o n s e r v i c e s and a c t i n g as i s s u i n g and pay ing agent fo r commerc ia l paper and s i m i l a r i n s t r u m e n t s , a s w e l l as a c t i v i t i e s i n c i d e n t t h e r e t o , such as t h e making of c a l l loans to s e c u r i t i e s d e a l e r s ) a t 300 Montgomery S t r e e t , San F r a n c i s c o , C a l i f o r n i a , t h e g e o g r a p h i c a r e a to be s e r v e d i s t h e United S t a t e s , th rough i t s wholly-owned s u b s i d i a r y , S e c u r i t y P a c i f i c C l e a r -ing & S e r v i c e s Corp . ( 6 / 9 / 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 beha l f of the Board of Govervors 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 , 1981 No. 24 - 1 2 -

ACTIONS OF THE BOARD-Cont inued

San S e c u r i t y P a c i f i c C o r p o r a t i o n , Los Ange l e s , C a l i f o r n i a , no t i f i -F r a n c i s c o 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 o r

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 pe r sona l l o a n s , p u r c h a s i n g consumer i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans to small b u s i n e s s e s and o t h e r e x t e n s i o n s of c r e d i t such as 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) a t 80 South Lane , P a s a d e n a , C a l i f o r n i a s e r v i n g t h e S t a t e of C a l i -f o r n i a , t h rough i t s s u b s i d i a r y , S e c u r i t y P a c i f i c F inance B u s i n e s s C e n t e r I n c . ( 6 / 1 3 / 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 r e s e r v e 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 .

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

H. 2 , 1981 No. 24 13

APPLICATIONS RECEIVED

To E s t a b l i s h a Domestic Branch P u r s u a n t to S e c t i o n 9 of t h e F e d e r a l Reserve Act

New York The Columbus T r u s t Company, Newburgh, New York, t o e s t a b l i s h a b ranch o f f i c e in t he immediate ne ighborhood of t h e i n t e r -s e c t i o n of Quaker Avenue and Angola Road, V i l l a g e of Cornwall County of Orange , S t a t e of New York. 2 /

Richmond Farmers & Merchan t s S t a t e Bank, F r e d e r i c k s b u r g , V i r g i n i a , t o e s t a b l i s h a b ranch in t h e S p o t s y l v a n i a M a l l , S p o t s y l v a n i a County , V i r g i n i a . 2 /

San Community Bank of San t a Ynez V a l l e y , S o l v a n g , C a l i f o r n i a , F r a n c i s c o a p p l i c a t i o n made f o r branch o f f i c e to be l o c a t e d a t 486

F i r s t S t r e e t , S u i t e H, So lvang , C a l i f o r n i a . 2 /

San F i r s t I n t e r s t a t e Bank of C a l i f o r n i a , Los A n g e l e s , C a l i f o r n i a , F r a n c i s c o to e s t a b l i s h a b ranch o f f i c e in t h e v i c i n i t y of t h e i n t e r -

s e c t i o n of O l i v e Avenue and M S t r e e t , C i ty of Merced , Merced County , C a l i f o r a n i a . 2/

* * * * *

To E s t a b l i s h an O v e r s e a s Branch of a Member Bank P u r s u a n t t o S e c t i o n 25 of t h e F e d e r a l R e s e r v e Act

Chicago C o n t i n e n t a l I l l i n o i s N a t i o n a l Bank and T r u s t Company of Ch icago , Ch i cago , I l l i n o i s : p r i o r n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h a b ranch in Hong Kong.

* * * * *

To O r g a n i z e , o r I n v e s t i n , a C o r p o r a t i o n Doing F o r e i g n Banking and Other F o r e i g n F i n a n c i n g P u r s u a n t t o S e c t i o n 25 o r 2 5 ( a ) of t h e F e d e r a l Reserve Act

M i n n e a p o l i s Nor thwes t I n t e r n a t i o n a l Bank, M i n n e a p o l i s , Minneso t a : r e q u e s t s c o n s e n t to e x t e n d t h e c o r p o r a t e e x i s t e n c e of NIB and e s t a b l i s h a New York C i t y branch of the M i n n e a p o l i s Edge.

2 / A p p l i c a t i o n s u b j e c t to Community Re inves tmen 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 R e s e r v e 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. 24 14 -

APPLICATIONS RECEIVED-Cont inued

To Form a Bank Holding Company P u r s u a n t to S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956

C leve l and F i r s t B a n c o r p o r a t i o n of Ohio , Akron, Oh io , f o r approva l to a c q u i r e 100 pe rcen t of t h e v o t i n g s h a r e s of F i r s t N a t i o n a l Bank of Akron, Akron, Ohio and The Old Phoenix N a t i o n a l Bank of Medina, Medina, Oh io . 2 /

Richmond Wood County B a n c o r p o r a t i o n , I n c . , Washington , D.C. , f o r ap-p rova l to a c q u i r e a t l e a s t 80 pe rcen t of t h e v o t i n g s h a r e s of Wood County Bank, P a r k e r s b u r g , West V i r g i n i a . 2]

A t l a n t a Bancsha res of t h e S o u t h , I n c . , Baton Rouge, L o u i s i a n a , for a p -p r o v a l to a c q u i r e a t l e a s t 90 p e r c e n t of the v o t i n g s h a r e s of Bank of t h e South , Baton Rouge, L o u i s i a n a . 2/

A t l a n t a Brannen Banks of F l o r i d a , I n c . , I n v e r n e s s , F l o r i d a , f o r ap-p r o v a l to a c q u i r e a t l e a s t 80 pe r cen t of t h e v o t i n g s h a r e s of Dunnel Ion S t a t e Bank, Dunnel I o n , F l o r i d a . 2/

Chicago C l i n t o n County B a n c o r p . , F r a n k f o r t , I n d i a n a , fo r a p p r o v a l t o a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s ( 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 t h e s u c c e s s o r by merger to C l i n t o n County Bank and T r u s t Company, F r a n k f o r t , I n d i a n a . 2/

Chicago F i r s t B u r l i n g t o n C o r p o r a t i o n , La Grange , I l l i n o i s , for ap p r o v a l t o a c q u i r e a t l e a s t 100 p e r c e n t of the v o t i n g s h a r e s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e s u c c e s s o r by merger to La Grange S t a t e Bank, La Grange , I l l i n o i s . 27

Chicago Midwest Bancorp , Columbus, I n d i a n a , f o r a p p r o v a l to a c q u i r e a t l e a s t 97 p e r c e n t of the v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of Columbus, Columbus, I n d i a n a . 2 /

Chicago NORTHWEST FUNDING, INC. , Rock f o r d , I l l i n o i s , f o r approva l to a c q u i r e 100 pe rcen t of t h e v o t i n g s h a r e s ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of Nor thwes t Bank of Rock f o r d , Rock f o r d , I I l i n o i s . 2J

S t . L o u i s SBT Bancorp, I n c . , Mt. Carmel , I l l i n o i s , f o r approva l to a c q u i r e a t l e a s t 100 pe rcen t of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger w i t h S e c u r i t y Bank and T r u s t C o . , Mount Carme l , I l l i n o i s . 2 /

2/ A p p l i c a t i o n s u b j e c t to Community Re inves tment 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 Mo. 24 15

APPLICATIONS RECEIVED-Cont inued

M i n n e a p o l i s

Minneapo l i s

Kansas C i t y

Kansas C i t y

Kansas C i t y

Dal l a s

Dal l a s

San F r a n c i sc o

F r o s t B a n C o r p o r a t i o n , F r o s t , Minneso ta , f o r approva l to ac -q u i r e a t l e a s t 9 4 . 4 pe r cen t of t h e v o t i n g s h a r e s of t h e S t a t e Bank of F r o s t , F r o s t , Minneso ta . 2/

Kimbal l B a n c s h a r e s , I n c . , Kimbal l , M i n n e s o t a , fo r a p p r o v a l t o a c q u i r e a t l e a s t 82 .67 p e r c e n t of the v o t i n g s h a r e s of the S t a t e Bank of K imba l l , K imba l l , M i n n e s o t a . 7 j

F i r s t H e a l d t o n B a n c o r p o r a t i o n , I n c . , H e a l d t o n , Oklahoma, f o r a p p r o v a l to a c q u i r e a t l e a s t 80 p e r c e n t of t h e v o t i n g s h a r e s of Bank of Hea ld ton , ' H e a l d t o n , Oklahoma. 2/

P i a t t e v i l l e C a p i t a l C o r p o r a t i o n , P i a t t e v i l le , Colorado , for ap-p rova l to a c q u i r e a t l e a s t 8 0 . 0 p e r c e n t of the v o t i n g s h a r e s of P i a t t e v i l l e S t a t e Bank, P i a t t e v i l l e , C o l o r a d o . 2/

Thomas County Bankshares of Co lby , Kansas , I n c . , Colby, Kansas , fo r a p p r o v a l to a c q u i r e 100 pe rcen t of t h e v o t i n g s h a r e s of Thomas County B a n k s h a r e s , I n c . , Colby, Kansas . 2/

B o n S t a t e B a n c s h a r e s , I n c . , Bonham, T e x a s , for a p p r o v a l to a c -q u i r e a t l e a s t 80 p e r c e n t of the v o t i n g s h a r e s of Bonham S t a t e Bank, Bonham, T e x a s . 2 /

Texp laza B a n c s h a r e s , I n c . , Lubbock, T e x a s , f o r approva l to ac -q u i r e a t l e a s t 80 pe rcen t of t h e v o t i n g s h a r e s of Texas Bank and T r u s t C o . , Lubbock, T e x a s . 2/

C e n t e n n i a l / V a l l e y S t a t e Bancorp , Eugene, Oregon, for a p p r o v a l to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of t he s u c c e s s o r by merger t o C e n t e n n i a l Bank, S p r i n g f i e l d , Oregon and V a l l e y S t a t e Bank, Eugene , Oregon . 2]

2/ A p p l i c a t i o n s u b j e c t to Community Re inves tment 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 .

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

H.2 , 1981 No. 24 - 16 -

APPLICATIONS RECEIVED-Cont inued

To Expand a Bank Holding Company Pur suan t to Sect ion 3 ( a ) ( 3 ) of t he Bank Holding Company Act of 1956

Chicago Michigan N a t i o n a l C o r p o r a t i o n , B l o a n f i e l d H i l l s , Mich igan , for a p p r o v a l to a c q u i r e 100 percen t of t h e v o t i n g 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 to Bank of Lenawee County, A d r i a n , Mich igan . 2/

Chicago Mich igan N a t i o n a l C o r p o r a t i o n , B l o a n f i e l d H i l l s , Mich igan , f o r a p p r o v a l to a c q u i r e 100 pe rcen t of t h e v o t i n g 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 to The Midwest Bank, J a c k s o n , M i c h i g a n . 2/

D a l l a s Westex Bancorp , I n c . , Del R io , Texas , f o r approva l to 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 The F i r s t S t a t e Bank, B r a c k e t t v i l l e , T e x a s . 2j

* * * * *

To Expand a Bank Hold ing Company P u r s u a n t to S e c t i o n 3 ( a ) ( 5 ) of t h e Bank H o l d i n g Company Act of 1956

Chicago F i r s t American Bank C o r p o r a t i o n , Kalamazoo, Mich igan , for ap-p r o v a l t o merge w i t h N o r t h e r n S t a t e s B a n c o r p o r a t i o n , I n c . , D e t r o i t , Mich igan , and i n d i r e c t l y a c q u i r i n g C i t y N a t i o n a l Bank of D e t r o i t , D e t r o i t , Michigan; F i r s t C i t i z e n s Bank, Troy, Mich igan ; F i r s t N a t i o n a l Bank of Plymouth , Plymouth, Mich igan and N a t i o n a l Bank of R o c h e s t e r , R o c h e s t e r , Mich igan . 2/

* * * * *

To Expand a Bank Holding Company Pu r suan t to S e c t i o n 4 ( c ) ( 8 ) of t h e Bank Hold ing Company Act of 1956

Kansas C i t y Thomas County Bankshares of Colby , Kansas , I n c . , Colby , Kansas , f o r a p p r o v a l to a c q u i r e 100 p e r c e n t of the v o t i n g s h a r e s of Thomas County I n s u r a n c e Agency, Inc'. , Colby, Kansas .

2/ A p p l i c a t i o n s u b j e c t to Community Re inves tmen 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 .

I

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

H.2 , 1981 No. 24 - 17 -

APPLICATIONS RECEIVED-Continued

Da 1 l a s American B a n c s h a r e s , I n c . , Monroe, L o u i s i a n a , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t h e l e a s i n g of heavy equipment and machinery f o r terms of one to seven y e a r s ) a t 1500 Nor th E i g h t e e n t h S t r e e t , Monroe, L o u i s i a n a , s e r v i n g t h e P a r i s h of O u a c h i t a , L o u i s i a n a , t h r o u g h i t s s u b s i d i a r y , American L e a s i n g Company ( 6 / 9 / 8 1 )

San BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , no t i -F r a n c i sco 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

o r a c q u i r i n g f o r t h e i r own a c c o u n t s l o a n s and o t h e r ex -t e n s i o n s of c r e d i t such as would be make or a c q u i r e d by a f i n a n c e company, s e r v i c i n g loans and o t h e r e x t e n s i o n s of c r e d i t , 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 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 i n s u r a n c e ; c r e d i t - r e l a t e d p r o p e r t y i n -s u r a n c e w i l l no t be o f f e r e d by e i t h e r c o r p o r a t i o n in e i t h e r t h e s t a t e of V i r g i n i a or Tennes see ; t he a c t i v i t i e s of FinanceAmer i ca C o r p o r a t i o n w i l l i n c l u d e , but not be l i m i t e d t o , making loans and o t h e r e x t e n s i o n s of c r e d i t to consumers as w e l l as smal l b u s i n e s s e s ; and p u r c h a s i n g 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 ; t h e a c t i v i t i e s of F inanceAmer ica Mortgage S e r v i c e s Company w i l l i n c l u d e , but not be l i m i t e d t o , making l oans and o t h e r e x t e n s i o n s of c r e d i t to sma l l b u s i n e s s e s ; and making loans secured by r e a l p r o p e r t y ; bo th c o r p o r a t i o n s w i l l o f f e r 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 a c c i d e n t and h e a l t h i n s u r a n c e 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 o r a c q u i r e d by b o t h F inanceAme r i c a C o r p o r a t i o n and F i n a n c e A m e r i c a Mortgage S e r v i c e s Company) i n B r i s t o l , C h a r l o t t e s v i l l e , F a l l s Church , F r e d e r i c k s b u r g , Manassas and Roanoke, V i r g i n i a , s e r v i n g t h e e n t i r e s t a t e of V i r g i n i a , t h e g e o g r a p h i c s e r v i c e a r e a of t he B r i s t o l , V i r g i n i a o f f i c e w i l l i n c l u d e t h e e n t i r e s t a t e of T e n n e s s e e , t h rough i t s i n d i r e c t s u b s i d i a r i e s , FinanceAme r i c a C o r p o r a t i o n and F inanceAmer ican Mortgage S e r v i c e Company ( V i r g i n i a c o r p o r a t i o n s ) ( 6 / 9 / 3 1 )

San Old N a t i o n a l C o r p o r a t i o n , Spokane, Washing ton , 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 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 own account o r f o r t he account of o t h e r s , l o a n s o r o t h e r e x t e n s i o n s of c r e d i t , s ecu red by r e a l e s t a t e mor tgages o r deeds of t r u s t , and t h e s e r v i c i n g of such l o a n s , and such o t h e r a c t i v i t i e s as a r e i n c i d e n t a l to t h e o p e r a t i o n s of a mor tgage company i n c l u d i n g , bu t not l i m i t e d t o , a c t i n g as agent o r b r o k e r for t h e s a l e of mortgage r edempt ion l i f e and d i s a b i l i t y i n s u r a n c e and p r o p e r t y and c a s u a l t y i n s u r a n c e to be i s s u e d in c o n n e c t i o n with t h e mak ing , a c q u i r i n g o r s e r v i c i n g of such l o a n s ) a t 214 U n i v e r s i t y S t r e e t , S e a t t l e , W a s h i n g t o n , through i t s s u b s i d i a r y , B a n c s h a r e s Mortgage Company ( 6 / 5 / 8 1 )

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

H.2 , 1981 No. 24 - 18 -

APPLICATIONS RECEIVED-Cont inued

S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , C a l i f o r n i a , n o t i -f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( a c t i n g as b r o k e r o r agent f o r the s a l e of c r e d i t - r e l a t e d l i f e , a c c i d e n t and h e a l t h i n s u r a n c e ) a t 6350 LB J F reeway , S u i t e 285, D a l l a s , T e x a s , s e r v i n g t h e S t a t e of Texas , t h r o u g h i t s s u b s i d i a r y , S e c u r i t y P a c i f i c Mortgage C o r p o r a t i o n ( 6 / 9 / 8 1 )

San S e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , C a l i f o r n i a , no t i -F r a n c i s c o f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o e n -

gage in i n d u s t r i a l loan c o r p o r a t i o n a c t i v i t i e s i n c l u d i n g making , a c q u i r i n g and s e r v i c i n g l o a n s and o t h e r e x t e n s i o n s of c r e d i t ; a c c e p t i n g t ime and s a v i n g s d e p o s i t s and 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 t h r i f t passbook c e r t i f i c a t e s ; and a c t i n g as agen t f o r the s a l e of c r e d i t r e l a t e d l i f e , a c c i -d e n t , h e a l t h and c a s u a l t y i n s u r a n c e as a u t h o r i z e d by Kansas law) a t 720 Second S t r e e t , Dodge C i t y ; 1005 N o r t h Main Garden C i t y ; 1403 Main S t r e e t , Good l a n d ; 1622 Main S t r e e t , G r e a t Bend; 820 N o r t h Main , H u t c h i n s o n ; One Eas t N in th Avenue, H u t c h i n s o n ; 737 M a s s a c h u s e t t s S t r e e t , Lawrence; 1023 North Kansas Avenue, L i b e r a l ; 5700 Broadmoor, M i s s i o n ; 116 E a s t S i x t h , Newton; 10551 B a r k l e y , Over land P a r k ; 1500 Eas t I r o n Avenue, S a l i n a ; 210 Court S t r e e t , S c o t t C i t y ; 120 E a s t S i x t h , Topeka; 555 Nor th McLean B l v d . , W i c h i t a ; 7701 Eas t K e l l o g g , W i c h i t a and 1307 Main, W i n f i e l d a l l i n Kansas , t h r o u g h i t s s u b s i d i a r y , S e c u r i t y P a c i f i c F i n a n c e Money Cen te r I n c . (6/6/81)

San Wells Fa rgo & Company, 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 F r a n c i s c o of i n t e n t to engage i n de novo a c t i v i t i e s ( ( 1 ) making o r

a c q u i r i n g r e a l e s t a t e r e l a t e d loans and o t h e r e x t e n s i o n s of c r e d i t fo r i t s own account o r for t h e account of o t h e r s ; ( 2 ) s e r v i c i n g t h e loans and e x t e n s i o n s of c r e d i t d e s c r i b e d i n (1 ) above; ( 3 ) a c t i n g as an i n v e s t m e n t a d v i s o r t o Wel l s Fargo Mortgage and Equ i ty T r u s t (a r e a l e s t a t e i nves tmen t T r u s t ) , o t h e r a f f i l i a t e s of We l l s F a r g o & Company and o t h e r i n v e s t o r s w i t h r e s p e c t to r e a l e s t a t e i nves tmen t p o r t f o l i o s ; ( 4 ) p r o v i d i n g f u l l payout l e a s i n g of r e a l p r o p e r t y or a c t i n g as a g e n t , b r o k e r o r a d v i s o r i n a r r a n g i n g such l e a s e s to the e x t e n t p e r m i t t e d by S e c t i o n 2 2 5 . 4 ( a ) ( 6 ) ( b ) of R e g u l a t i o n Y; (5 ) p r o v i d i n g bookkeeping o r d a t a p r o c e s s i n g s e r v i c e s r e l a t e d to r e a l e s t a t e i n v e s t m e n t s of Wel l s Fa rgo & Company and i t s a f f i l i a t e s ) i n the D i s t r i c t of Columbia , s e r v i n g p r i m a r i l y t h e s t a t e s of V i r g i n i a , West V i r g i n i a , Maryland , P e n n s y l v a n i a , M a s s a c h u s e t t s , De l aware , New J e r s e y , New York, C o n n e c t i c u t , Rhode I s l a n d and Nor th C a r o l i n a , th rough i t s s u b s i d i a r y , Wells Fa rgo R e a l t y A d v i s o r s ( 6 / 9 / 8 1 )

San F r a n c i sco

H I

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

19S1 No. 24 19

APPLICATIONS RECEIVED-Cont inued

REPORTS RECEIVED

Proxy S t a t e m e n t ( S p e c i a l Mee t ing ) F i l e d Pursuan t t o S e c t i o n 14(a ) of t h e S e c u r i t i e s Exchange Act

The F o r e s t H i l l S t a t e Bank, F o r e s t H i l l , Maryland

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PETITIONS FOR RULEMAKING

None.

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