h2_19831112.pdf

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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 1983 No. 45 Actions of the Board; Applications and Reports Received During the Week Ending November 12, 1983 APPLICABLE RESERVE BANK Cleveland Cleveland Richmond Richmond Richmond Richmond Richmond ACTIONS'OF THE BOARD Regulation T, Credit by Brokers and Dealers, the Board announced that it is deferring the effective date for compliance with its newly revised Regulation T to March 31, 1984. Rurban Financial Corp., Defiance, Ohio, extension of time until February 10, 1984, within which to acquire The State Bank and Trust Company, Defiance, Ohio and The Peoples Banking Company, McComb, Ohio. 1/ State Bank and Trust Company, Defiance, Ohio, extension of time until February 10, 1984, within which to merge with Defiance Interim Bank, Defiance, Ohio. ]_/ Peoples Bank of Charles Town, Charles Town, West Virginia, to invest in bank premises. V Citizens Bank and Trust Company of Maryland, Riverdale, Maryland, proposed merger with Peoples Security Bank of Maryland, Landover, Maryland; report transmitted to the Federal Deposit Insurance Corporation on competitive factors. ]_/ City Bank of Charleston, N.A., Charleston, West Virginia, proposed merger with The City National Bank of Charleston, Charleston, West Virginia; report trans- mitted to the Comptroller of the Currency on competitive factors. ]_/ Bank of Christiansburg, Christiansburg, Virginia, to invest in bank premises. J_/ First Bankshares, Inc., Barboursville, West Virginia, extension of time to February 17, 1984, within which to become a bank holding company through the acquisition of The First State Bank, Barboursville, West Virginia. 1/ T? Application processed on behalf of the Board of Governors under delegated authority. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Transcript of h2_19831112.pdf

Page 1: h2_19831112.pdf

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM 1983 No. 45

Actions of the Board; Appl icat ions and Reports

Received During the Week Ending November 12, 1983

APPLICABLE RESERVE BANK

Cleveland

Cleveland

Richmond

Richmond

Richmond

Richmond

Richmond

ACTIONS'OF THE BOARD

Regulation T, Credit by Brokers and Dealers, the Board announced that i t is defer r ing the e f f ec t i ve date fo r compliance with i t s newly revised Regulation T to March 31, 1984.

Rurban Financial Corp., Defiance, Ohio, extension of time u n t i l February 10, 1984, w i th in which to acquire The State Bank and Trust Company, Defiance, Ohio and The Peoples Banking Company, McComb, Ohio. 1/

State Bank and Trust Company, Defiance, Ohio, extension of time u n t i l February 10, 1984, w i th in which to merge wi th Defiance Inter im Bank, Defiance, Ohio. ]_/

Peoples Bank of Charles Town, Charles Town, West V i rg in ia , to invest in bank premises. V

Ci t izens Bank and Trust Company of Maryland, Riverdale, Maryland, proposed merger wi th Peoples Security Bank of Maryland, Landover, Maryland; report t ransmit ted to the Federal Deposit Insurance Corporation on competi t ive fac to rs . ]_/

City Bank of Charleston, N.A., Charleston, West V i r g i n i a , proposed merger wi th The City National Bank of Charleston, Charleston, West V i r g i n i a ; report t rans-mit ted to the Comptroller of the Currency on competit ive f ac to rs . ]_/

Bank of Chr is t iansburg, Chr is t iansburg, V i r g i n i a , to invest in bank premises. J_/

F i r s t Bankshares, I nc . , Barboursv i l le , West V i r g i n i a , extension of time to February 17, 1984, w i th in which to become a bank holding company through the acqu is i t ion of The F i r s t State Bank, Barboursv i l le , West V i r g i n i a . 1/

T? Appl icat ion processed on behalf of the Board of Governors under delegated au tho r i t y .

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H.2, 1983 No. 45 - 2 -

ACTIONS OF THE BOARD - Continued

Atlanta

Atlanta

Chicago

Chicago

Chicago

Chicago

Chicago

F i r s t National Bank of Jackson County, Jef ferson, Georgia, proposed merger wi th New F i rs t National Bank of Jackson County, Je f ferson, Georgia; report to the Comptroller of the Currency on competit ive fac to rs . ] /

South Mississ ippi Rank, Prent iss , M iss iss ipp i , proposed merger wi th Bassf ield Branch of F i r s t Mississippi National Bank, Hatt iesburg, Miss iss ipp i ; report to the Federal Deposit Insurance Corporation, on com-p e t i t i v e fac to rs . J /

Mercanti le National Bank of Indiana, Hammond, Indiana, app l i ca t ion fo r p r i o r approval to merge with Merr i l 1 v i l l e Bank and Trust Company, M e r r i l l v i l l e , Indiana, under the charter and the t i t l e of Mercanti le National Bank of Indiana; report to the Comptroller of the Currency on competi t ive fac to rs . \J

Francor F inanc ia l , I n c . , Wabash, Indiana, extension of t ime to January 9, 1984, w i th in which to become a bank holding company through the acqu is i t ion of 100 percent of the vot ing shares of the successor by merger to Frances Slocum Bank and Trust Company, Wabash, Indiana. J_/

F.A.B. BANCORP, INC., Aurora, I l l i n o i s , extension of time to January 29, 1984, w i th in which to become a bank holding company through the acqu is i t ion of 100 percent of the vot ing shares of the successor by merger to F i r s t American Bank of Aurora, Aurora, I l l i n o i s . ] /

Elkhart Banc Shares, I nc . , E lkhar t , I I 1 i n o i s , extension of time to January 9, 1984, w i th in which to become a bank holding company through the acqu is i t i on of 100 percent of the vot ing shares of the successor by merger to Elkhart Community Bank, E lkhar t , I l l i n o i s . V

Home State Bancorp, I n c . , Crystal Lake, I l l i n o i s , extension of time to February 3, 1984, w i th in which to become a bank holding company through the acqu is i t ion of 80 percent or more of the vot ing shares of Home State Bank o f Crystal Lake, Crystal Lake, I l l i n o i s . 1/

T? Application processed on behaif of the Board of Governors under delegated authority.

I

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Chicago

St. louis

St . 4 i t

S t . Louis

St. I oust

%arw< ( M y

( r a^c # %c 5

- 3 -

A n IONS OF THE BOARD - Continued

Wayne Pant and Trust Co., Cambridge C i t y , Indiana, extension of t ime to December 1?, 1983, w i t h in which to es tab l i sh a branch at One Waytru Plaza, corner of 5th and South A S t r e e t , Richmond, Indiana. ] /

Secur i ty F inancia l Corp. , S t a r k v i l l e , M i s s i s s i p p i , add i t i ona l extension of t ime u n t i l December 22, 1983, t o become a bank hold ing company through the a c q u i s i t i o n of the successor by merger to Secur i ty State Bank, S t a r k v i l l e , M i s s i s s i p p i . 2 /

Planters F inancia l Corporat ion, Hopk insv i l l e , Kentucky, add i t i ona l extension of t ime u n t i l February 16, 1984, w i t h i n which t o become a bank holding company through (he a c q u i s i t i o n of the successor by merger t o Planters Bank & Trust Company, Hopk insv i l l e , Kentucky. ]_/

Planters Bank A Trust Company, Hopk insv i l l e , Kentucky, add i t i ona l extension of t ime u n t i l February 16, 1984, w i t h i n which to merge w i th The Big Fr iendly Bank Corporat ion, Hopk insv i l l e , Kentucky. ] /

Merchants and Farmers Bank, Kosciusko, M i ss i ss i pp i , proposal to purchase c e r t a i n assets and assume ce r ta in l i a b i l i t i e s of four branches of The Miss iss ipp i Bank, Jackson, M i s s i s s i p p i ; repor t to the Federal Deposit Insurance Corporat ion on compet i t ive f a c t o r s . V

Keystone, Keystone. Nebraska, proposal to accu i re i . h s t a n t i a l l y a l l o f the assets and l i a b i l i t i e s cf t ^e Arthur County Cooperative Credi t Assoc ia t ion , * r t f u r , kebraska; report t ransmi t ted to the Federal 1 Insurance Corporat ion on compet i t i ve f a c t o r s . ] /

B a d of ( rays Harbor, Aberdeen, Wasnington, proposed d c q ^ t i : ? i o n of assets and assumption of l i a b i l i t i e s of , <ean Shores Branch of Rainier National Bank, < e a ; t l e . Washington, under the char ter and t i t l e of tne l a t t e r ; report to the Comptrol ler of the Currency ^ f a c t o r s . 1/

f *t Va # I Bar* , Albany, Oreyun, proposed acqu i s i t i on f,* ^drr ishur<; Hranch of Stafo Savings and Loan

c i " t K r . Aloa^y, Oregon; report to the Federal A ; gsit I n s u r a n t Corporat ion on compet i t ive f a c t o r s . J /

^ the Poarc of Governors under

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«.?, 1W3 No. 45 - 4 -

ACTIONS OF THE BOARD - Continued

San Bank of Grays Harbor, Aberdeen, Washington, proposed Francisco acqu is i t i on o f assets and assumption of l i a b i l i t i e s

o f the Pac i f i c Beach Branch of F i r s t In ters ta te Bank of Washington, N.A., Seat t le , Washington; report to the Federal Deposit Insurance Corporation on compet i t ive fac to rs . j_/

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

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H.2, 1983 No. 45 - 5 -

ACTIONS OF THE BOARD - Continued

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

Approved Chicago Comerica Bank - D e t r o i t , D e t r o i t , Michigan. To

es tab l ish an EFT at the fo l lowing locat ions: Univers i ty of D e t r o i t , Student L i fe Bui ld ing, 4001 W. McNichols, D e t r o i t , Michigan; General Motors Technical Center, Twelve Mile Road Gate House, Warren, Michigan; Marcy Golf and County Club-Out le t , 2280 Union Lake Road, Union Lake, Michigan; Owl Drug Store - Ou t l e t , Drayton, Michigan. 1/

* * * * *

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

Approved MidAmerica Bank and Trust Company of A l ton ,

A l ton , I I 1 i n o i s . ]_/

F i r s t Ci t izens Inter im Bank, Oneonta, Alabama. ]_/

* * * * *

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

Approved Bank of V i r g i n i a , Richmond, V i r g i n i a , to acquire the

assets of and assume the l i a b i l i t y to pay deposits in the Beaufont Mall Branch of V i rg in ia National Bank, Richmond, V i r g i n i a . V

Central F i d e l i t y Bank, Nor fo lk , V i r g i n i a , to merge w i th Central F i d e l i t y Bank, N.A., Lynchburg, V i r g i n i a . ] /

At lanta Ci t izens Bank, Oneonta, Alabama, to merge wi th F i r s t Ci t izens Inter im Bank, Oneonta, Alabama. _1J

1/ Appl ica t ion processed on behalf of the Board of Governors under ~~ delegated au tho r i t y .

St, Louis

Atlanta

Richmond

Richmond

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H.2, 1983 No. 45 - 6 -

ACTIONS OF THE BOARD - Continued

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

Not Disapproved Dallas Cielo Vista Bank, El Paso, Texas. ]_/

Dallas Securi ty National Bancshares, I n c . , Amar i l lo , Texas. ] /

* * * * *

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

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

Approved New York Cit ibank Overseas Investment Corporation, Wilmington,

Delaware; grants consent to acquire addi t ional shares of Walwyn, I n c . , Toronto, Canada.

San I s t i t u t o Bancario San Paolo Di Tor ino, Tur in , I t a l y : Francisco entered in to an agreement wi th the Federal Reserve

System that i t s proposed federal l im i ted branch in New York City w i l l only receive deposits that would be permissible to an Edge Act corporat ion. 1/ (11/7/83)

Sixty-Day N o t i f i c a t i o n Period Allowed to Expire New York Cit ibank Overseas Investment Corporation, Wilmington,

Delaware: no object ion to continue to hold, d i r e c t l y or i n d i r e c t l y , shares of Banco Internacional de Colombia, S.A., Bogota, Colombia, a f t e r Banco, d i r e c t l y or i n d i r e c t l y , makes an addi t ional investment in Compania Exportadora Cityexport S.A., Bogota, Colombia.

San Security Paci f ic Overseas Corp., Los Angeles, Ca l i f o rn ia : Francisco no object ion to increase i t s i nd i rec t investment

through i t s wholly-owned subsid iary , Security Pac i f ic Overseas Investment Corporat ion, in Security Paci f ic Aus t ra l ia L imi ted, Sydney, Aus t ra l i a .

* * * * • „

] / Appl icat ion processed on behalf of the Board of Governors under delegated au tho r i t y .

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H.?, 1983 No. 45 - 7 -

ACTIONS OF THE BOARD - Continued

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

Withdrawn New York Bremar In ternat ional L imited, Bremar Holdings Limi ted,

Bremer America L imi ted, a l l of London, England and Bremar Banking Corporation, New York, New York, for approval to acquire at least 50.1 percent; at least 51 percent; at least 50.1 percent and at least 50.1 percent of Bank of Long Is land, N.A., East I s l i p , New York, respect ive ly .

St . Louis Adamsvil1e Bancorp, I nc . , Adamsvi11e, Tennessee, for approval to acquire 100 percent of the vot ing shares of the successor by merger to Bank of Adamsvil le, Adamsvil ie, Tennessee.

St . Louis Owen Bancshares, I nc . , Owenton, Kentucky, fo r approval to acquire at least 85 percent of the vot ing shares of F i r s t Farmers Bank and Trust Company, Owenton, Kentucky.

Approved At lanta F i r s t Ci t izens Corporation, Oneonta, Alabama, for

approval to acquire 100 percent of the vot ing shares of The Cit izens Bank, Oneonta, Alabama. ]_/

Chicago Farmers and Traders Bancorporation, I nc . , Douds, Iowa, f o r approval to acquire 81 percent of of the vot ing shares of Farmers and Traders Savings Bank, Douds, Iowa. ]_/

Chicago Harvard Bancorp., I nc . , Harvard, I l l i n o i s , fo r approval to acquire at least 80 percent of the vot ing shares of The Harvard State Bank, Harvard, I l l i n o i s . V

" r i i o g o Maroa Bancshares, I nc . , Maroa, I l l i n o i s , for approval to acquire 100 percent ( less d i r ec to r s ' qua l i f y ing shares) o f the vot ing shares of the successor by merger to Bank of Maroa, Maroa, I l l i n o i s . ]_/

^ . M w s Pehrens Hancsnares, I nc . , New London, Missour i , for approval to acquire lull percent of the vot ing shares o! Pehrens, I nc . , New London, Missour i , and i n d i r e c t l y

percent of Ral ls County State Bank, i%ew London, Missouri and Center State Bank, Center, Missour i , j y

17 AppHra l ion processed on behalf of the Board of Governors under delegated a u t h o r i t y .

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i4K? NO. 45 - A -

ACTIONS OK THE BOARD - Continued

winnp^r^ 111 r#or*ianc Group, Inc . , Pine River, Minnesota, for approval to acquire 100 percent of the voting shares of Backus State Bank, Backus, Minnesota, and Pine River Holding Company, Pine River, Minnesota and indirectly Pine River State Bank, Pine River, Minnesota. V

Kansas City NGK Bancorp., Inc. , Kansas City, Kansas, for approval to acquire at least 80 percent of the voting shares of Westgate State Bank, Kansas City , Kansas. ]_/

tinmidf Pancshares, Inc. , Marysville, Kansas, for approval to acquire TOO percent of the voting shares of Exchange Bank of Schmidt and Koester, Marysville, Kansas. 1/

Ta:1 At

N U a s

fnergy Pancshares, Inc . , Dallas, Texas, for approval to acquire at least 80 percent of the voting shares of The Energy Bank, N.A., Dallas, Texas. ] /

Western Commerce Pancshares of Carlsbad, Inc. , Carlsbad, New Mexico, for approval to acquire at least 80 percent of me voting shares of Western Commerce Bank, Carl shad * Mexico. 1/

<if f ram 1st u

t f .4Tlf '

T^at̂ onal American Bancorp, San Francisco, California, for approval to acquire 100 percent of the voting snares of National American Bank, San Francisco, Ga l i fo f t i a . a proposed new bank. ] /

SJ&# financial Corp., San Jose, Cal i fornia, for approval to acquire 100 percent of the voting shares of San Jose \<rionaI Rank, San Jose, Cal i fornia. ] /

Tran<-Pac'tic kancorp, San Francisco, Cal i fornia, for approval to acqu^r, 100 percent of the voting shares of Irans-Pacific National Bank, San Francisco, California, a i,ropo$<'d new hanr. 1/

# # * * *

1 / c of the Board of Governors under

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\ 1 W NO. 45 - 9 -

ACTIONS OF THE BOARD - Continued

To Expand a Bank Holding Company Pursuant to Section 3 (a ) (3) of thp Rank Holding Company Act of 1956

Approved Banks of Iowa, Inc. , Des Moines, Iowa, for approval

to acquire 100 percent of the voting shares of Reed Street Company, Inc. , Red Oak Iowa, and indirectly The Montgomery County National Bank of Red Oak, Red Oak, Iowa. ]_/

First of Nurphysboro Corp., Murphysboro, I l l i n o i s , for approval to acquire at least 80 percent of the voting shares of The First National Bank of Grand Tower, Grand Tower, I l l i n o i s . V

American Bank Corporation, Denver, Colorado, for approval to acquire 100 percent of the vot ing shares of American Bank of Eastridge, N.A., Casper, Wyoming, a proposed new bank. J /

* * * * *

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

Approved Atlanta Sun Banks of Florida, Inc. , Orlando, F lo r ida ,

f o r approval t o merge w i th Flagship Banks, Inc . , Mi ami, F l o r i da , and i n d i r e c t l y acquire De Soto National Bank o f Arcadia, Arcadia; Flagship National Rank of Palm Beach C i t y , West Palm Beach; Flagship State Bank o f Polk County, Fort Meade; Flagship Bank of Fort Myers, Fort Myers; Flagship National Bank of Borward County, Hollywood; Flagship Bank of Jacksonv i l le , Jacksonville; Flagship National Bank of Naples, Naples; Flagship Bank of Orlando, Orlando; Flagship Rank o f Pinnellas National Associat ion, St. Petersburg; Flagship Pank of Seminole, Sanford; Flagship National Bank of Sarasota County, Sarasota; Flagship Bank of Tampa, Tampa; Flagship 1st National Bank of T i tusv i l l e , T i t u s v i l l e ; Flagship National Pank of Indian River County,

» <, *

Louis

+ f s*s Ci ty

T? Application processed on behalf of the Board of Governors under delegated authority.

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H.2, 1983 No. 45 - 10 -

ACTIONS OF THE BOARD - Continued

Vero Beach; Flagship Bank of Pasco County, Zephyrh i l I s ; Flagship National Bank of Citrus County, Crystal River , a l l located in the State of F lo r ida .

* * * * *

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

Withdrawn New York Barclays Bank PLC and Barclays Bank Internat ional L imi ted,

both located in London, England, request permission to relocate an o f f i c e engaging in the fo l lowing a c t i v i t i e s (making d i r ec t consumer loans, inc luding loans secured by real es ta te , and purchasing sales finance contracts representing extensions of c red i t such as would be made or acquired by a consumer f inance company, and wholesale f inancing [ f l o o r planning] and act ing as agent fo r the sale of re lated c red i t l i f e , c red i t accident and health and c red i t property insurance; c red i t l i f e and c red i t accident and health insurance sold as agent may be underwrit ten or reinsured by Barclays' insurance underwri t ing sub-s i d i a r i es ) from 2118 Cosgrove Avenue, Charleston Heights, South Carolina to Skylark Of f i ce Park, 2040 Savannah Highway, Charleston, South Carol ina, through i t s subs id iary , BarelaysAmerican/Financial, Inc. (11/10/83)

St . Louis Owen Bancshares, I nc . , Owenton, Kentucky, for approval to acquire 100 percent ownership of Owen Insurance Agency, I n c . , Owenton, Kentucky and thereby engage de novo i n d i r e c t l y in the sale of Credit L i fe and c red i t accident and health insurance.

Approved Atlanta Sun Banks of F lo r ida , I nc . , Orlando, F lo r ida , for

approval to acquire Seaforth I n c . , Miami, F lo r i da , and Flagship Service Corporation, Miami, F lo r ida .

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H.2, 1923 No. 45 - n -

ACTIONS OF THE BOARD - Continued

St . Louis Behrens Bancshares, I nc . , New London, Missour i , f o r approval to engage d i r e c t l y in general insurance agency a c t i v i t i e s . ]_/

Minneapolis NorBanc Group, Inc . , Pine River, Minnesota, for approval to acquire 100 percent of the vot ing shares of Pine River Insurance Agency, I nc . , Pine River, Minnesota. ]_/

Dallas Amador Bancshares, I nc . , Las Cruces, New Mexico, fo r approval to acquire 100 percent of the vot ing shares of Ci t izens Brokerage Services, I nc . , Las Cruces, New Mexico. 1/

Permitted New York C i t i c o r p , New York, New York, requests permission to

relocate three o f f i ces engaging in the fo l lowing a c t i v i t i e s (the making or acquir ing of loans and other extensions of c r e d i t , secured or unsecured, fo r consumer and other purposes; the sale of c red i t re la ted l i f e and accident and health insurance by l icensed agents or brokers, as required; and the serv ic ing , for any person, of loans and other ex-tensions of c r e d i t ) ; i n add i t i on , C i t i co rp Washington Financial Center, Inc. engage in the fo l lowing a c t i v i t i e s (the purchasing and serv ic ing fo r i t s own account of sales f inance con t rac ts ; the sale of c red i t re lated property and casualty insurance protect ing real and personal property subject to a secur i ty agreement wi th C i t i co rp Washington Financial Center, Inc. and to the extent permissible under appl icable State in -surance laws and regu la t ions; the extension of loans to dealers fo r the f inancing of Inventory ( f l o o r planning) and working cap i ta l purposes; the making, acquir ing and serv ic ing , f o r i t s own account and for the account of o thers , of exten-sions of c red i t to ind iv idua ls secured by l iens on res ident ia l or non-resident ia l real estate; and the sale of mortgage l i f e and mortgage d is -a b i l i t y insurance d i r e c t l y re lated to extensions of mortgage loans); C i t i co rp Washington Indust r ia l

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

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

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H . f , 1983 No. 45 - 1 2 -

ACTIONS OF THE BOARD - Continued

Loan Company engages in the fo l lowing addi t ional a c t i v i t i e s (the purchasing and serv ic ing for i t s own account of sales finance cont racts ; the sale of c red i t re la ted property and casualty insurance pro tec t ing real and personal property subject to a secur i ty agreement wi th C i t i co rp Washington Indus t r ia l Loan Company and to the extent per-miss ib le under appl icable State insurance laws and regu la t ions; the extension of loans to dealers for the f inancing of inventory ( f l o o r planning) and working cap i ta l purposes; and the o r i g i n a t i n g , for i t s own account or for the account of others, f i r s t mortgage loans secured by res ident ia l or commercial p roper t ies ) ; C i t i co rp Homeowners, Inc. engages in the fo l lowing addi t ional a c t i v i t i e s ( the sale of consumer or iented f inanc ia l manage-ment courses; the making, acqu i r ing , and ser-v i c i n g , for i t s own account and for the account of o thers , of extensions of c red i t to ind iv idua ls secured by l iens on res ident ia l or non-resident ia l real es ta te ; and the sale of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y related to extensions of mortgage loans) from 167 S. Stevens S t ree t , Spokane, Washington to 300 Argonne Bui ld-ing , North 300 Argonne Road, Spokane, Washington, through i t s subs id ia r ies , C i t i co rp Washington Financial Center, I n c . , C i t i co rp Washington Indus t r ia l Loan Company and C i t i co rp Homeowners, Inc . (11/6/83) 3/

New York Manufacturers Hanover Corporation, New York, New York, requests permission to estab l ish a de novo o f f i c e engaging in the fo l lowing a c t i v i t i e s (con-sumer f inance inc lud ing , but not l im i ted t o , the extension of d i r ec t loans, secured and unsecured, to consumers and the purchase of sales finance con t rac ts ; serv ic ing such loans and other exten-sions of c r e d i t ; and act ing as agent or broker for the sale of c red i t s ingle and j o i n t l i f e insurance and decreasing or level term ( in the case of s ingle payment loans) c red i t 1 i fe insurance* and c red i t acc ident , hea l th , and property insurance d i r e c t l y re lated to exten-sions of c red i t made or acquired by Finance One) at 825 Univers i ty Woods Dr ive, New Albany, Indiana, through i t s subs id iary , Finance One of Indiana, Inc. (11/5/83)

9 / 4 (c ) (8 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under delegated au tho r i t y .

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H.2, 19R3N0. 45 - 1 3 -

ACT10NS OF THE BOARD - Continued

Chicago Citizens Bancorporation, Sheboygan, Wisconsin, not i f ica t ion of intent to engage i n de novo a c t i v i t i e s ( in providing management consu l t i ng , data processing and data transmission serv ices) at ?70 F. Kilhourn, Milwaukee, Wisconsin, t o expanr the geographic area in which the a c t i v i t i e s would he conducted by adding the States of Indiana, Michigan, I l l ino is , Iowa, Minnesota, North Dakota and South Dakota, through i t s subs id ia ry , C i t izens Management Services Corporation (11/9/83) 3/

Chicago Citizens Rancorporation, Sheboygan, Wisconsin, not i f ica t ion of intent to engage in de novo a c t i v i t i e s f in making or acquiring loans and other extensions of credi t ) at ?70 E. K i lhourn , Milwaukee, Wisconsin, to expand the geographic area to inc lude a l l 4p contiguous cont inenta l States ( a l l States except Alaska and Hawaii) through i t s subsidiary, Citizens Mortgage Company, Inc. (11/9/83) 3/

Dallas Coronado Bancshares, Inc. , El Paso, Texas, n o t i f i c i a t i o n of intent to engage in de novo a c t i v i t i e s ( to engage d i rec t ly in consumer and commercial lending a c t i v i t i e s including the extension of d irect loans to commercial businesses; direct loans to i n d i v i d u a l s ; the purchase of r e t a i l and commercial installment notes or contracts receivable and any other extension o f c r e d i t which would be made by a commercial lender, i nc lud ing serv ic ing such loans for others) these ac t i v i t i es would be performed in El Paso, Hudspeth and Culberson Counties in Texas, and Dona Ana County in New Mexico (11/10/83) 3/

San First Security Corporation, Salt Lake Ci ty , Utah, not i f icat ion Francisco of intent tn engage in de novo a c t i v i t i e s ( i n making or

acquiring loans and other extensions of c r e d i t such as would he made by a mortgage banking company, inc lud ing making both residential and commercial mortgage loans for i t s own port fo l io and for sale to o the rs , and the servicing of such loans for others) at 300 South 4th Street , Las Vegas, Nevada, serving Las Vegas and a l l of Clark County, as business ran be developed fo r mortgages in surrounding areas, th is o f f ice w i l l also serve those

3/ 4 ( c ) ( 8 ) not i f ica t ion processes hy Peserve Park nera l f of the * Board of Governors under relegated au ihr r i ry .

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' J ~ ^nt mued

. i f : ^ Hewing contiguous counties which are

. t ^ ..tt .e os^ and Lincoln Counties, through t Ai Security Realty Services Corporation * . es (ah "vrtgage Loan Corporation)

* xf* ; X i ^^jland California Holdings i , i ' Lunf:nn^ Lngland and Crocker National

L , . f rdncisco, Cal i fornia, n o t i f i -* : fw i f, &Apand the geographic scope

' - / r T^ust Company, Honolulu* j . * ' i in^ Islands of the western and

^ fr<$n region including, hut not ^ % , u * », twnwealth of the northern Mariana

!* * # M ^ Sa%pan\ the new Republic of the ^ *ne Federal States of Micronesia

^ Truk, Kosrae and Yap), the ^ U ^ Republic of Palau, American

\ . western Samoa (an independ-" ^ ' an-! Tani t i , the State of Alaska, the

^ *^^an, Hong Kong, the Republic of . Austral ia , and New Zealand, and to

) c . r* t rust , fiduciary and data ^ from an off ice in Honolulu,

: * : x, u.rg ^wt ion , Los Angeles, Cali fornia, ? : * ^ x i f T to engage in de novo act iv i t ies

f and acquisition of mortgage loans, n,. ? .*4v^renl and construction loans on multi-*<t r 4 *̂1 r r i d properties for Security Pacific *(' f T - urd jn's own account or for sale to others;

* ' * , < , ^ ucn loans for others) at ?510 15th "* < . - , r , . } * my, serving the State of Wyoming, * ^ . Security Pacific Mortgage

, % \ r3) 3/

! . * t ,d Oregon, noti f icat ion of intent * ^ a c t i v i r i e s ( in the making, acquiring,

^ and other extensions of credit , < * * i d , for i ts own account or the

, it « r " M !udinq, hut not limited to , consumer K , s^les contracts and other forms of

, , in<:*rance agent with regard to - , . ? . ^^urance, property and casualty

, with extensions of credit inc. ; Bancorp rel ies upon the

, ? « - * , ;* * * ^ KeAf on behalf of the t c * » t) ur % (y *

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I N (NRn - Continued

;r:visions of Sections 225.4(a)(1) , 225.4(a)(3) , and 22S.4(a) (9) ( i ) of Regulation Y and Sections 601 (A) and &n)(D) of T i t l e VI of the Oarn-St Germain Depository Institutions Act) these act iv i t ies wil l be conducted from a modern two story of f ice building located at the inter-section of Hurley Way and Howe Avenue in Central Sacramento, at 2143 Hurley Way, Suite 200, Sacramento, Cal i fornia, the primary area to be serviced wi l l be a l l of the incorporated City of Sacramento, through i ts subsidiary, Kancorp Credit Services, Inc. (11/12/83)

wells Faryo & Company, San Francisco, Cal i fornia, no t i f i -cation of intent to engage in de novo act iv i t ies (to engage in the issuance of travelers checks, which will he sold by i ts subsidiary, Wells Fargo Bank, N.A., acting as agent for the issuer, and possibly by other, u n a f f i l i a t e d sales agents) in San Francisco, California, serving the State of California (11/8/83) 2 /

3/ notif ication processed by Reserve Rank on behalf of the * pndnf of Governors under delegated authority.

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H.2, 1983 No. 45 - 1 6 -

APPLICATIONS RECEIVED

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

Minneapolis Farmers State Bank of I rene, I rene, South Dakota, to merge wi th Viborg Branch of United National Bank, Sioux F a l l s , South Dakota. 2]

* * * * *

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

Minneapolis Farmers State Bank of I rene, Irene, South Dakota.

* * * * *

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

Ci t izens Bank, Sheboygan, Wisconsin. To establ ish a branch at Wood Lake Road, Kohler, Wisconsin. 2/

Commercial State Savings Bank, Greenvi l le , Michigan. To es tab l i sh a branch at the unnumbered l o t of the eastern side of Sheridan Road between the Stanton Val ley boundary l i n e of Kles Road, Greenv i l le , Michigan. 27

Spr ing f ie ld Marine Bank, Sp r i ng f i e l d , I l l i n o i s . To es tab l i sh an EFT at White Oaks Mal l , Sp r ing f ie ld , I I l i n o i s .

F i r s t V i rg in ia Bank, Fa l ls Church, V i r g i n i a . To es tab l i sh a branch at 1033 North Fair fax St reet , Alexandria, V i r g i n i a . 2/

Central Trust Company, Rochester, New York. To estab l ish four o f f s i t e e lec t ron ic f a c i l i t i e s at the fo l lowing locat ions : 1115 Hudson Avenue, Rochester, New York; 1940 C h i l i Avenue, Gates, New York; 720 Washington Avenue, I rondequoi t , New York; 1360 Dewey at B r i t t o n , Greece, New York. 2J

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

Chicago

Chicago

Chicago

Richmond

New York

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H.2, 1983 No. 45 - 1 7 -

APPLICATIONS RECEIVED - Continued

Applications and Notifications for International Investments and Other Actions Pursuant to Sections 25 and 25(a)

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

New York Citicorp, New York, New York: p r i o r n o t i f i c a t i o n of i t s in tent to estab l ish a wholly owned de novo company, C i t i co rp Overseas Funding Sources Corporation N.V, Oranjestad, Aruba, Netherlands Anti l les.

New York The Hongkong and Shanghai Banking Corporation, Hong Kong: p r i o r n o t i f i c a t i o n of i t s in tent to invest through i t s merchant banking subs id iary , The Equator Bank, L imi ted, Nassau, Bahamas, in a de novo export t rad ing company.

San Francisco

San Francisco

BankAmerica Corporat ion, San Francisco, Ca l i f o rn ia : p r i o r n o t i f i c a t i o n of i t s in ten t to make an addi t ional investment in BA Finance (Japan) L imi ted, Tokyo, Japan

BankAmerica In ternat ional Financial Corporation, San Francisco, Ca l i f o rn i a : requests consent to make an addi t ional investment i n BA Aust ra l ia L imi ted, Sydney, Aus t ra l i a .

* * * * *

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

Boston HNC Merger Sub, Har t ford, Connecticut, for approval to acquire 100 percent of the vot ing shares of A r l t r u Bancorporation, Lawrence, Massachusetts and i n d i r e c t l y acquire Ar l ington Trust Company, Lawrence, Massachusetts. 2 /

Atlanta NW Services Corporation, Ringgold, Georgia, for approval to acquire up to 100 percent of the vot ing shares of Northwest Georgia Bank, Ringgold, Georgia. 2/

Chicago F i r s t Midwest Corporation of Delaware, Elmwood Park, I l l i n o i s , fo r approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of the successor hy merger to Midwest Bank and Trust Company, Elmwood Park, I l l i n o i s . 2/

2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

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H.?, 1993 No. ^5 - 18 -

APPLICATIONS RECEIVED - Continued

Chicago

Chicago

St. Louis

St. Louis

Kansas City

Kansas City

Dal las

Dallas

Dai las

Kewaunee County Banc-Shares, Inc . , Kewaunee, Wisconsin, for approval to acquire at least 80 percent of the voting shares of Bank of Kewaunee, Kewaunee, Wisconsin. 2/

Titonka Rancshares, Inc . , Titonka, Iowa, for approval to acquire 80 percent of the voting shares of Ti tonka Savings Bank , Titonka, Iowa. 2/

The Farmers and Merchants Bankshares, Inc. , Stuttgart, Arkansas, for approval to acquire 100 percent of the voting shares of The Farmers and Merchants Bank, Suttgart, Arkansas.

Springfield Bankshares, Inc. , Springfield, Kentucky, for approval to acquire 100 percent of the voting shares of the successor by merger to the Springfield State Bank, Springfield, Kentucky. 2/

F i rs t Geary Corporation, Geary, Oklahoma, for approval to acquire at least 80 percent of the voting shares of Geary Rancshares, Inc. , Geary, Oklahoma, and indirectly acquire First National Bank, Geary, Oklahoma. 2]

Tipton Bancshares, Inc. , Tipton, Oklahoma, for approval to acquire 100 percent of the voting shares of Tipton Bancorporation, Inc. , Tipton, Oklahoma and indirectly acquire The First National Bank of Tipton, Tipton, Oklahoma.

Continental Bancshares, Inc . , Dallas, Texas, for approval to acquire 100 percent of the voting shares of Bank of Arlington, Arlington, Texas; Mockingbird Bancshares, Inc. , Dallas, Texas (formerly Continental Bancshares, Inc.) and indirectly acquire Bank of Texas, Dallas, Texas; Wynnewood Bancshares, Inc. , Dallas, Texas and indirectly acquire Wynnewood Bank & Trust, Dallas, Texas. 2 /

Farmers Bancshares, Inc. , Center, Texas, for approval to acquire at least 80 percent of the voting shares of Farmers State Bank, Center, Texas. 2 /

First Groesbeck Holding Company, Groesbeck, Texas, for approval to acquire at 1 east 80 percent of the voting shares of First National Bank, Groesbeck, Texas. 2/

2/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted as to the length of the comment period.

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\ ^ S'

Zontinued

7 C? *A',+ I ^ar, Pursuant to Section

r ' f. ( rrpan^ Act of 1956

* / - -; d t i m , Hartford, Connecticut, rr ' ^rcent of the voting

f Lawrence, Massachusetts ^ ArMnf.tnn Trust Company,

'fU« r .

. i

f * *

<%;. CimcurU, New Hampshire, h*" i^rcent of the common stock

^ Salem, New Hampshire. 2̂ /

, Ap, X *#, Wisconsin, for approval ' t t th** voting shares of State

.reef* walley, Wisconsin. 2/

Lnic fK r H h n o i s , for approval t ^ x T <?f the voting shares

' f " ' snares) of First National f ; - - t t ' A , ZUinois; The Hinsdale

:*K <naie, IH inois and indirectly c i * r r : Nd mral Bank of Hinsdale,

<- * , ;*&"» * tv,ir Corporation, Winnetka, l i - : p e r c e n t of the First

r - ;# " Wmnetka, I l l i n o i s ; and ; t ' * * '* *;?* .« - rnrat ion, Glencoe, I l l i no is

* " ^ eri c# A]Ancoe National Bank,

t f fS fS IT* ' , r. <

w i n t i * ; ?* /3f t * * ' f f t ,

V(^, ^,ebraska, for r . , *:(f T f)f tne voting shares

f $ Inc. , kolhach^ Nebraska " ' fot*nt; shares of Broken

,, : rok^r P(,w. Nebraska and ^ Panx, Hroken Row, Nebraska

» A tMa:h^ f^hraska. ?/

T:. r % I \ for approval r ; r# * f ? t»e vot ing shares of CoMin

, , f , 1\ . ' f .-

f ' ' , '*

-»i.- * * ^mstcn, Texas, for approval . r .r " f ̂ ,̂ imy shares La

-+ * ,r'<tS* ?/

' ^ u* :» t ' ^ct . Tne Community "M ,' * er* «a^ Le contacted

1 n + + r , -

i

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BECFiVFO . Continued

Dd 1 \ * a s r i -t-r f Pa^ shares. Inc . , Houston, Texas, for roval r ar*;uire 100 percent of the voting

as ' amerce ffank-Brookhol 1 ow, N.A., f^ailac, ^pya<* a r^oposed new hank. ?/

a rafK !* * nm: Cvpany Pursuant to Section ^ P c n $ r Hoh!?r*; Ccmpanv A^t of 1956

tan^< f i t y *'ank\ w: Inc.* Oklahoma Ci ty , Oklahoma, rrsu)Tmc f r ^ the merger of Liberty National Corporat i o r , Oklahoma C i ty , Oklahoma and indirect ly acquire l i be r ty National Bank and Trust Company of Ox Ianoma Ci ty , Oklahoma Ci ty , Oklahoma, and f i r s t Tulsa Rancorporat ion, I n c . , Tulsa, Oklahoma and indirect ly The First National Bank and Trust Company of Tulsa, Tulsa, Oklahoma. 2 /

City ?Wha National Corporation, Omaha, Nebraska, for approval tc acquire 100 percent of the voting shares cf F i rst National Lincoln Corp., Lincoln, Nebraska and indirect ly up to 45.2 percent of the voting shares of First National Bank & Trust Company of Lincoln* Lincoln, Nebraska; McCook National Bank, KcCook, Nebraska; and First State Bank, Scotts B lu f f , &enras»e. ?/

* * * * *

To fxpand a Hank M M try Cf*mpany Pursuant to Section f)f the Park Holding Company Act of 1956

Boston Hank of roston Corporation, Boston, Massachusetts, for approval to acquire at least 50 percent plus ono ^here '>f the voting shares of Ouissett Orpn* iu r , Cambridge, Massachusetts.

Chvdanri M n ^ r i a l Corp., Pittsburgh, Pennsylvania, for approval to acquire 51 percent of LeMans Group, ! M , . Lancaster, Pennsylvania.

?/ "Application subject ^ ^err%,nity Reinvestment Act. The Community Affairs f f f icf*r nf th. appl icahle Reserve Bank may be contacted

to the 1 myth of The consent period.

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H.?, 1983 No. 45

Richmond

Richmond

Chicago

Chicago

St . Louis

- ? 1 -

APPLICATIONS RECEIVED - Continued

Maryland National Corporation, Bal t imore, Maryland, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s (engaging general ly in the business of a mortgage banker, mortgage broker and mortgage servic ing f i rm ; o r i g i n a t i n g , buying, s e l l i n g and otherwise dealing in mortgage loans as pr inc ipa l or agent; serv ic ing mortgage loans fo r a f f i l i a t e d or nona f f i l i a t ed e n t i t i e s ; act ing as adviser in mortgage loan t ransact ions; and engaging in the sale as agent of c red i t l i f e , c red i t d i s a b i l i t y and c red i t accident and health insurance in connection wi th extensions of c red i t by bank and nonbank subs id iar ies of the holding company) at 537 Ri tchie Highway, Severna Park, Maryland, through i t s subsid iary, Maryland National Mortgage Corporation (11/7/83)

Northwestern Financial Corporation, North Wilkesboro, North Carol ina, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s (making, acquir ing and servic ing f i r s t mortgage loans such as would be made by a mortgage banking company) at Spreading Branch Drive, Columbia, South Carol ina, through i t s subs id iary , Northwestern Mortgage Corporation (11/10/83)

F i r s t Colonial Banshares Corporation, Chicago, I l l i n o i s , n o t i f i c a t i o n of i n ten t to engage in de novo a c t i v i t i e s (prov id ing bookkeeping and data processing services for the holding company, i t s subsid iar ies and other banks) the geographic area to be served includes the Chicago SMSA in the State of I l l i n o i s , through i t s subsid iary , BankersTech, Inc. (10/29/83)

Titonka Bancshares, I nc . , Ti tonka, Iowa, for approval to engage in general insurance a c t i v i t i e s through the acqu is i t i on of 100 percent of the vot ing shares of Boyken Insurance Agency, I n c . , Ti tonka, Iowa.

Cabot Bankshares, I n c . , Cabot, Arkansas, n o t i f i c a t i o n of in ten t to engage in de novo a c t i v i t i e s ( i n real estate appraisal and the sa le , as agent, of general insurance) in Lonoke, Pulaski , Faulkner, White and P ra i r i e Counties in the State of Arkansas, the sale as agent, o f insurance would be from Cabot Bankshares' main o f f i c e bu i ld ing in Cabot, Lonoke County, Arkansas (10/31/83)

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H.2, 1983 N o . 4 5 - 2 2 -

APPLICATIONS RECEIVED - Continued

Minneapolis Norwest Corporat ion, Minneapol is, Minnesota, n o t i f i c a t i o n of i t s i n ten t to re locate de novo a c t i v i t i e s ( i n the a c t i v i t i e s of consumer f inance, sales f inance and commercial f inance, the sale of c r e d i t l i f e , c r e d i t accident and heal th and property and c r e d i t - r e l a t e d casual ty insurance re la ted to extensions of c red i t by tha t company [such sale of c r e d i t - r e l a t e d insurance being a permiss ib le a c t i v i t y under Subparagraph D of T i t l e VI of the Garn-St Germain Depository I n s t i t u t i o n s Act of 1982) and the o f f e r i n g for sale and s e l l i n g of t r a v e l e r s checks) from 1308 South Second S t r e e t , S p r i n g f i e l d , I l l i n o i s t o 2476 Wabash Avenue, S p r i n g f i e l d , I l l i n o i s , serving S p r i n g f i e l d , I l l i n o i s , and other nearby communities, through i t s subs id ia ry , Norwest F inancia l I l l i n o i s , I n c . , and from 710 South Washington S t r e e t , Unit #4, Grand Forks, North Dakota to 2500-8 South Columbia Road, Grand Forks, North Dakota, serving Grand Forks, North Dakota, and nearby communities, through i t s subs id i a r y , Norwest Financial North Dakota, I n c . , and from 30 Echo Plaza, S p r i n g f i e l d , New Jersey to 675 Morr is Avenue, Suite 105, S p r i n g f i e l d , New Jersey, serving S p r i n g f i e l d , New Jersey, and nearby communities, through i t s subs id ia r y , Norwest Financia l New Jersey, I nc . (11/2/83)

Minneapolis Norwest Corporat ion, Minneapol is, Minnesota, n o t i f i c a t i o n of i n t en t to re loca te de novo a c t i v i t i e s ( i n the a c t i v i t i e s of consumer f inance, sales f inance and commercial f inance, the sale of c r e d i t l i f e , c r e d i t accident and heal th and property and c r e d i t - r e l a t e d casual ty insurance re la ted to extensions of c r e d i t by tha t company [such sale of c r e d i t - r e l a t e d insurance being a permiss ib le a c t i v i t y under Subparagraph D of T i t l e VI o f the Garn-St Germain Depository I n s t i t u t i o n s Act o f 19821 and the o f f e r i n g fo r sale and s e l l i n g of t r ave l e r s checks) from 100 McMillan Dr i ve , Poppy Square, Spartanburg, South Carol ina to Spartan Centre, 101 West S t . John S t r e e t , Suite 101, Spartanburg, South Caro l ina , serv ing Spartanburg, South Caro l ina , through i t s sub-s i d i a r y , Norwest Financia l South Caro l ina , Inc . (11/8/83)

Kansas Ci ty Hanks of Mid-America, I n c . , Oklahoma C i t y , Oklahoma, f o r approval to acquire or r e t a i n the fo l l ow ing e x i s t i n g nonbank a c t i v i t i e s and subs id i a r i es : d i r e c t 1 ^nriinq a c t i v i t i e s ; L ibe r t y Financia l Corporat ion, nitahnma C i t y , Oklahoma; L ibe r ty Mortgage Company, nkiahoma C i t y , Oklahoma; Mid-America Leasing Corporat ion, Oklahoma C i t y , Oklahoma; Mid-America Credi t L i f e Assurance Company, Oklahoma C i t y , Oklahoma; Mid-America

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APPLI ; RECEIVED - Continued

Insurance Agency* Inc. , Oklahoma City, Oklahoma; Firstful Leasing and Financial Company, Tulsa, Oklahoma; Fi r s t f u l Mortgage Company, Tulsa, Oklahoma; Financial Loan and Investment Company, Tulsa, Oklahoma; Irwin Securities, Inc. , Tulsa, Ok 1ahoma.

Kid-Nebraska Pancshares, Inc. , Ord, Nebraska, for rro\a I to engage in general insurance act iv i t ies

through Inlhach Insurance Agency, Inc . , Wolbach, Sehrask^.

Ti; t i n Bancshares, Inc . , Tipton, Oklahoma, for (ifxrrv^l I acquire 100 percent of the voting shares r : f i rs* 7^ton Business Trust, Tipton, Oklahoma.

Kroadwav Bancshares Inc. , San Antonio, Texas, notif ication of Intent to engage in de novo act iv i t ies ( i n the under-writing of credit l i f e insurance and credit accident and health insurance, which is direct ly related to extensions of credit by i ts subsidiaries) the act iv i t ies would he conducted in the State of Texas, through i ts subsidiary, Broadway National Life Insurance Company M l / / / / : < I

(or ;erce Hnancial Corporation, Fort Worth, Texas, rot f ?;carion of intent to engage in de novo act ivi t ies ( in providing for i ts banking subsidiaries and others data processing and operational services incidental thereto including check processing, bookkeeping, research, reconcil iation, return processing and t* 'M.hvnp customer service) these act iv i t ies would

cnnnuctef in the State of Texas, through i ts s ^ s i d i a r y , Commerce Financial Services, Inc. (11/4/83)

home Interstate Bancorp, Signal H i l l , Cal i fornia, n - r t i c a t i o n of intent to engage in de novo act iv i t ies f-n casing or acquiring, for i ts own account or for tni account of others, loans or other extensions of credit [including issuing let ters of credit and accepting nraf ts ] , such as would be made, for example,

a mortgage, finance, credit card, or factoring company; acting as investment or financial advisor to the extent of furnishing general economic information an# advice, general economic stat ist ical forecasting services, and industry studies to business concerns seeing hel^ with such matters; acting as investment or financial advisor to the extent of providing port-fol io investment advice exclusively to Bancorp Venture

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H.?, 1983 NO. -

APPLICATIONS RECFIVEO - Continued

Capital $ Inc . , a subsidiary corporat ion of Home Interstate Bancorp; and leasing personal property or acting as agent, broker, or advisor in leasing such property in accordance with Regulation Y; the foregoing services wi l l be provided p r i n c i p a l l y to emerging small business concerns; leasing ac t iv i t ies w i l l include leases for cap i ta l equipment, for example, trade f ixtures, production equipment, and ro l l ing stock, the lease transactions arranged by Home Interstate Financial Services, Inc . , w i l l be with privately owned businesses in the r e t a i l i n g , wholesaling, and manufacturing indust r ies) at 2633 Cherry Avenue, Signal H i l l , Cal i fornia, serving the State of Cal i fornia, through i ts subs id iary , Home Interstates Financial Services, Inc. (11/8/83)

Moore Financial Group incorporated, Boise, Idaho, noti f icat ion of intent to engage in de novo a c t i v i t i e s ( in making or acquiring loans and other extensions of credit such as would be made by a commercial or non-commercial financial company or mortgage company, including loans secured by a borrower's inventory , accounts receivable, real property, or other assets; servicing such loans for others; and making leases of real or personal property in accordance wi th the Board's Regulation Y) in Boise, Idaho; Salt Lake City , Utah; and Reaverton. Oregon, these a c t i v i t i e s would be performed in the States of Idaho, Utah and Oregon, through i ts subsidiary, Moore Corporate financial Services, Inc. (to be renamed Moore Financial Services, Inc . ) (11/10/83)

San f a t i s c o

San Security N c i f K Corporation, Los Angeles, C a l i f o r n i a , francisco not i f icat ion of intent to relocate de novo a c t i v i t i e s

( in mating or acqui r ing for i t s own account or for the account of others, loans and extensions of c r e d i t , including making consumer installment personal loans, purchasing consigner installment sales f inance cont racts , making loans to small businesses anc other extensions of credit such as would oe made hy a fac to r ing company or a consumer finance company ana acting as broker or ayemt for the sale of credit l i f e insurance, and group l i f e and d isab i l i ty insurance sold in connection wil#~ real estate mortgage loans, such insurance a c t i v i t i e s being permitted pursuant to Section 6601fA) of T i t l e VI of the Carn-St ffrmain Act) from I /? Columbus Boulevard, &ew Br i ta in , Connecticut to 500 Summer S t ree t , Stamford, fonnect*<ul, serving tne State of Connecticut, through i ts subs id ia ry . Securi ty Pacific f inance Corp. nf (.ranite State d ,n /a Security Pac i f ic Finance Corp. ( U / l l / f O t

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APPLICATIONS RECEIVED - Continued

Security Pacific Corporation, Los Angeles, C a l i f o r n i a , not i f icat ion of intent to engage in de novo ac t iv i t i es ( in certain trust company ac t i v i t i es , including acting as trustee, executor, conservator, administrator, guardian, managing agent, custodian or in other similar capacities and provid ing invest-ment or financial advice to institutions and ind iv idua ls ) at 333 South Hope Street, Los Angeles, Ca l i f o rn ia ; 500 Newport Center Drive, Newport Beach, Ca l i f o rn i a ; 1200 Third Avenue, San Diego* California and One Embarcadero Center, San Francisco, Cal i fornia, serving the United States through i ts subsidiary, Pac i f ic Century Group, a trust company organized pursuant to the Ca l i fo rn ia Financial Code (11/9/83)

Valley National Corporation, Phoenix, Ar izona, n o t i f i c a t i o n of intent to engage in de novo a c t i v i t i e s (making con-sumer loans and other extensions o f c red i t on a secured and unsecured basis for i t s own account and the account of others such as would be made by a consumer finance company; to engage in the a c t i v i t y o f acquir ing consumer loans and other extensions of c red i t on a secured and unsecured basis for i ts own account and the account of others such as would be acquired by a sales finance company; to engage in the a c t i v i t y of making consumer leases for i ts own account and the account of others such as would be made by a lease f inancing company; to engage in the act iv i ty o f acquir ing consumer leases for i t s own account and the account of others such as would be acquired by a lease f inancing company; to engage in the act iv i ty of f inancing the inventory of motor vehicle dealers by provid ing f l oo r -plan financing for i ts own account and the account of others such as would be made by a commercial finance company; and to engage in the a c t i v i t y of act ing as agent or broker with regard to c red i t l i f e and d i s a b i l i t y insurance) in Oklahoma City, Oklahoma, serving the State of Oklahoma, through i ts subs id iary , Valley National Financial Services Company of Oklahoma (11/9/83)

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

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1983 No. 45 - 26 -

APPLICATIONS RECEIVED - Continued

REPORTS RECEIVED

Proxy Statement (Special Meeting) F i led Pursuant to Section 14(a) of the Secur i t ies Exchange Act

Bank of the Commonwealth D e t r o i t , Michigan

* * * * *

PETITIONS FOR RULEMAKING

None.

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