ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE ... · ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE ... Banking Committee to participate in their hearings ... Dallas Allied

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2, 1982 No. 13)

Actions of the Board; Appl icat ions and Reports

Received During the Week Ending March 27, 1982

APPLICABLE RESERVE BANK ACTIONS OF THE BOARD

Statement by Stephen H. Ax i l rod, S ta f f Di rector for Monetary and Financial Po l i cy , before the Sub-committee on Domestic Monetary Pol icy of the House Banking Committee to pa r t i c i pa te in t h e i r hearings on debt management.

Regulation T, proposed rev is ion and s i m p l i f i c a t i o n of Regulation T; the Board asked fo r comment by June 25, 1982. (Docket No. R-0389)

Regulation E, proposed amendments to ass is t small f i nanc ia l i n s t i t u t i o n s subject to the Elect ronic Fund Transfer Act and otherwise reduce the burden of compliance; the Board requests comments to be received on or before May 7, 1982. (Docket No. R-0388)

The Board announced rev is ion , e f f e c t i v e Apr i l 29, 1982, of i t s charges t o depository i n s t i t u t i o n s fo r wire t rans fer of funds and net settlement services. (Docket No. R-0382)

Response to the Commodity Futures Trading Commission's request fo r Board comment on the appl icat ions of three futures exchanges to estab l ish options on f i nanc ia l futures contracts.

Dallas A l l i e d Bancshares, I nc . , Houston, Texas, extension of time to March 31, 1982, w i th in which to consummate the acquis i t ions of The F i r s t National Bank of Angleton, Angleton, Texas and The F i r s t National Bank of Biddings, Giddings, Texas. V

Dallas American Southwest Bancshares, I n c . , El Paso, Texas, extension of time to June 22, 1982, w i th in which to consummate the acqu is i t i on of American Bank of Commerce, El Paso, Texas. V

JJ App l ica t ion processed on behalf of the Board of Governors under delegated au tho r i t y .

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

H.2, 1982 No. 13 - 2 -

ACTIONS OF THE BOARD-Continued

Chicago Buf fa lo Bancorporation, I nc . , Buf fa lo Grove, I l l i n o i s , exten-sion of time t o May 30, 1982, w i th in which to become a bank holding company through the acqu is i t i on of 51 percent or more of the vot ing shares of Buf fa lo Grove National Bank, Buf fa lo Grove, I l l i n o i s . J /

Central Corporation, Monroe, Louisiana, extension of time to May 10, 1982, w i th in which to consummate the acqu is i t ion of Central Bank, Monroe, Louisiana. ]_/

Charter National Bancorp, Encino, C a l i f o r n i a , extension of time to June 21, 1982, w i th in which to become a bank holding company through the acqu is i t ion of Charter National Bank, Encino, Ca i f o r n i a , a proposed new bank. ]_/

Coffee County Bancshares, I n c . , Manchester, Tennessee, exten-sion of time to July 21, 1982, w i th in which to become a bank holding company through the acqu is i t i on of Coffee County Bank, Manchester, Tennessee. J /

Community Bancshares, I n c . , Independence, Louisiana, extension of time to June 26, 1982, w i th in which to become a bank hold-ing company through the acqu is i t i on of Community State Bank, Independence, Louisiana. V

EasTex Bancshares, I n c . , Lu fk in , Texas, extension of time to May 17, 1982, w i th in which to consummate the acqu is i t ion of Angelina National Bank, Lu fk in , Texas. ]_/

F i r s t Jersey National Corporat ion, Jersey C i t y , New Jersey, extension of time to June 30, 1982, w i t h i n which to acquire the successor by merger to the Washington Bank, Tu rne rsv i l l e , New Jersey. V

Keystone Bancshares, I n c . , Kankakee, I l l i n o i s , extension of time t o June 28, 1982, w i th in which to become a bank hold-ing company through the acqu is i t i on of 100 percent of the vot ing shares of the successor by merger to City National Bank of Kankakee, Kankakee, I l l i n o i s . V

Chicago Lake Shore Bancorp, I nc . , Chicago, I l l i n o i s , extension of time to July 6, 1982, w i th in which t o become a bank holding com-pany through the acqu is i t ion of 100 percent of the vot ing shares of the successor by merger to Lake Shore National Bank, Chicago, I l l i n o i s . 1/

Dallas

San Francisco

At lanta

At lanta

Dal las

New York

Chicago

] / App l ica t ion processed on behalf of the Board of Governors under delegated au tho r i t y .


H.2, 1982 No. 13 - 3 -

ACTIONS OF THE BQARP-Continued

Chicago Madison Financial Corporat ion, Chicago, I l l i n o i s , extension of t i ne t o May 14, 1982, w i th in which to (1) acquire 100 percent of the vot ing shares of Madison National Bank of N i les , Mi les, I l l i n o i s and (2) to acquire 100 percent of the vot ing shares of F i r s t National Bank of Wheeling, Wheeling, I l l i n o i s . J /

Dallas Mercant i le Texas Corporat ion, Dal las, Texas, extension of time to Apr i l 21, 1982, w i th in which to consummate the acqu is i t i on of PanNational Group, I n c . , El Paso, Texas. ]_/

Kansas Ci ty Mason State Company, Mason C i t y , Nebraska, extension of time to July 22, 1982, w i th in which to consummate the acqu is i t ion of Mason State Bank of Mason C i t y , Mason C i t y , Nebraska. J /

Chicago PRAIRIELAND BANCORP, INC., Bushnel1, I l l i n o i s , extension of time to May 10, 1982, w i th in which to become a bank hold-ing company through the acqu is i t i on of 100 percent of the vot ing shares of the successor by merger to Farmers and Merchants State Bank of Bushnel1, Bushnel1, I l l i n o i s . ]_/

Dal las Schreiner Bancshares, I nc . , K e r r v i l i e , Texas, extension of t i ne to May 27, 1982, w i t h i n which consummate the acquis i t ions of F i r s t National Bank, Boerne, Texas and Ingram State Bank, Ingram, Texas. J /

Dallas Southeastern Oklahoma Bancorporation, I n c . , Boswell, Oklahoma, extension of t ime to Ap r i l 14, 1982, w i th in which to con-summate the acqu is i t i on of Boswell State Bank, Boswell, Oklahoma. 1/

Chicago St. Joseph Bancorporation, I n c . , South Bend, Indiana, exten-sion of t ime July 8, 1982, w i th in which to become a bank holding company through the merger wi th St. Joseph Agency, Inc. , South Bend, the acqu is i t i on of 100 percent of the vot ing shares of the successor by merger to St. Joseph Bank and Trust Company, South Bend, and Central State Bank of Lakevi1le, Indiana, 83 percent of the voting shares of St . Joseph Mortgage Company, Inc . , South Bend, and 51 percent of the vot ing shares of St. Joseph Lease Capital Corporation. 1/

At lanta T r i -S ta te Bankshares, I n c . , Trenton, Georgia, extension of t i n e to June 27, 1982, w i t h i n which to become a bank holding company through acqu is i t i on of Bank of Dade, Trenton, Georgia.

1/ Application processed on behalf of the Board of Governors under delegated au tho r i t y .

I


H.2, 1982 No. 13 - 4 -


San Francisco

Dal las

San Francisco

Chicago

Chicago

Dal las

At lanta

Sari Francisco

San Francisco

Boston

Tr i -S ta te Bancorporation, I n c . , Montpel ier , Idaho, exten-sion of time to May 20, 1982, w i th in which to complete the acqu is i t i on of T r i -S ta te Bank and Trust Company, Montpel ier , Idaho. J /

United Texas Bancshares, I n c . , Aust in , Texas, extension of time to May 23, 1982, w i th in which to consummate the acqu is i t i on of United Bank of Texas, Aust in , Texas. _!_/

WTB Corporat ion, Spokane, Washington, extension of time to July 18, 1982, w i th in which to become a bank holding company through acqu is i t ion of the vot ing stock of Washington Trust Bank, Spokane, Washington. ]_/

Calumet County Bank, B r i l l i o n , Wisconsin, an investment in bank premises. ]_/

Cheboygan Bank, Cheboygan, Michigan, an investment in bank premises. \J

F i r s t State Bank, Grand P r a i r i e , Texas, extension of time to May 1, 1982, w i th in which to open fo r busines as a member of the Federal Reserve System. J /

Pascagoula-Mose Point Bank, Moss Poin t , M iss iss ipp i , an investment in bank premises. ]_/

Security Pac i f i c In ternat ional Bank, New York, New York, extension of time to Apr i l 13, 1983, w i th in which to estab l ish branches in Boston, Massachusetts and St. Louis, Missour i . J /

Ci t izens Bank of Oregon, Eugene, Oregon, proposed merger w i th F i r s t State Bank of Oregon, MiIwaukie, Oregon, under the charter of F i r s t State Bank of Oregon and the t i t l e of Pac i f i c Western Bank; report to the Federal Deposit Insurance Corporation on competi t ive fac to rs . ] /

Coastal Savings Bank, Port land, Maine, proposed merger with Deering Savings & Loan Associat ion, Port land, Maine; report to the Federal Deposit Insurance Corporation on competit ive fac to rs . ] /

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


H.2, 1982 No. 13 - 5 -


Chicago

Phi ladelphia

Chicago

Chicago

Phi laelphia

Kansas Ci ty

San Francisco

Commercial Bank, Crown Poin t , Indiana, proposed merger wi th Commercial State Bank, Crown Point , Indiana, under the charter of Commercial State Bank and t i t l e of The Com-mercial Bank; report to the Federal Deposit Insurance Corporation on competi t ive fac to rs . J /

Farmers F i r s t Bank, L i t i t z , Pennsylvania, proposed merger w i th Farmers F i r s t In ter im Bank, L i t i t z , Pennsylvania; report to the Federal Deposit Insurance Corporation on competi t ive fac to rs . J /

Farmers In ter im National Bank, Geneseo, I l l i n o i s , proposed merger wi th The Farmers National Bank of Geneseo, Geneseo, I l l i n o i s , under the charter of Farmers Inter im National Bank, and t i t l e of The Farmers National Bank of Geneseo; report t o the Comptroller of the Currency on competit ive f ac to rs . J /

F i r s t Community National Bank, Rockford, I l l i n o i s , proposed merger wi th North Towne National Bank of Rockford, Rock-fo rd , I l l i n o i s , under the charter and t i t l e of F i r s t Community National Bank; report to the Comptroller of the Currency on competit ive fac to rs . V

F i r s t National Bank of Toms River , N.J . , Toms River, New Jersey, proposed merger wi th The Second F i r s t National Bank of Toms River , N.J . , Toms River, New Jersey, under the charter of the l a t t e r and the t i t l e of the former; report to the Comptroller of the Currency on competit ive fac to rs . 1/

Merchants Bank of Topeka, National Associat ion, Topeka, Kansas, proposed merger wi th the Merchants National Bank of Topeka, Topeka, Kansas; report to the Comptroller of the Currency on competi t ive f a c t o r s . V

New Bank, Long Beach, C a l i f o r n i a , proposed merger wi th National Bank of Long Beach, Long Beach, Ca l i f o rn i a , under the char ter of the former and t i t l e of the l a t t e r ; report to the Federal Deposit Insurance Corpora-t i o n on competi t ive fac to rs , j y

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


H.2, 1982 No. 13 - 6 -

ACTIONS OF THE BOARP-Continued

Chicago Republic National Bank of Mattoon, Mattoon, I l l i n o i s , pro-posed merger wi th F i r s t National Bank, Mattoon, I l l i n o i s , Mattoon, I l l i n o i s , under the charter of Republic National Bank of Mattoon and t i t l e of F i r s t National Bank, Mattoon, I l l i n o i s ; report to the Comptroller of the Currency on competit ive fac to rs . J /

San Valley Inter im National Bank, Sal inas, C a l i f o r n i a , proposed Francisco merger wi th Valley National Bank, Sal inas, Ca l i f o rn i a ,

under the charter of the former and t i t l e of the l a t t e r ; report to the Comptroller of the Currency on competit ive fac to rs . 1/

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


H.2, 1982 No. 13


To Establish a Branch Pursuant to Section 9 of the Federal Reserve Act

Atlanta

San Francisco

Approved Exchange Bank and Trust Company of Florida, Tampa, Florida.

To establish a branch at the intersection of West Piatt Street and Hyde Park Avenue, Tampa, Florida. 1/

Valley Bank of Nevada, Las Vegas, Nevada, branch off ice to be located in the rural Laugh!in, Clark County, Nevada. 1/

To establish a community of

* * * * *

Chicago

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

Approved Whitley Banking Co., Columbia Ci ty , Indiana. J /

* * * * *

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

Approved Cleveland The Toledo Trust Company, Toledo, Ohio, to merge with

Northwest Ohio Bank, Bowling Green, Ohio; The Oak Harbor State Bank Company, Oak Harbor, Ohio; and National Bank of Fulton County, Delta, Ohio. J_/

J_/ Application processed on behalf of the Board of Governors under delegated authority.


H.2, 1982 .*io. 13


Applications and Notifications for International Invest-ments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended

San Francisco

New York

San Francisco

Approved Banque de 11Indochine et de Suez: entered into an agree-

ment with the Federal Reserve System that i ts Los Angeles, California branch would receive only such deposits as would be permissible under Section 5(a) of the Inter-national Banking Act. (3/26/82) V

Sixty Day Notif ication Period Waived Republic National Bank of New York, New York, New York: no

objection to establish a branch in Milan, I t a l y .

Security Pacific Corporation, Los Angeles, California: no objection to acquire a l l the shares of Shopfitters (Lancashire) Rentals, Ltd. , United Kingdom.

* * * * *

To Establish a U.S. Branch of an Edge Act Corporation Pursuant to Section 25(a) of the Federal Reserve Act

Approved New York Chase Bank International, Newark, Delaware: grants consent

to establish and operate branches in Atlanta, Georgia and San Francisco, Ca i fornia.

* * * * *

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

Approved Philadelphia Merchants Bancorp, Inc. , Allentown, Pennsylvania, for ap-

proval to acquire 100 percent of the voting shares of The Merchants National Bank of Allentown, Allentown, Pennsylvania. 1/

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


H.2, 1982 No. 13 - 9 -


Atlanta Beacon Financial Corporation, Inc . , Jupiter, Florida, for approval to acquire 100 percent of the voting shares of Lighthouse National Bank, Jupiter, Florida. 1/

Atlanta Uahlonega Bancorp, Inc. , Dahlonega, Georgia, for approval to acquire 100 percent of the voting shares of Bank of Dahlonega, Dahlonega, Georgia. J /

Atlanta Southern Bancorp., South Daytona, Florida, for approval to acquire 100 percent of the voting shares of Central Bank of Volusia County, South Daytona, Florida. 1/

Chicago ALLIED BAMCSHARES OF ILLINOIS, INC., Jo l ie t , I l l i n o i s , for approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of the successor by merger to East Jo l ie t Bank, Jo l ie t , I l l i n o i s . \J

Chicago County Bankshares, Inc. , Blue Island, I l l i n o i s , for approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of the successor by merger to Heritage/ County Bank and Trust Company, Blue Island, I l l i n o i s . Y/

Chicago Exchange State Corp., Prair ie City, Iowa, for approval to acquire at least 80 percent of the voting shares of Exchange State Bank, Coll ins, Iowa. 1/

Chicago First State Bank Holding Company, Lynnville, Iowa, for ap-proval to acquire at least 50 percent of the voting shares of First State Bank, Lynnville, Iowa. J /

Chicago F L & T Financial Corporation, Columbia City, Indiana, for approval to acquire 100 percent of the voting shares (less directors' qualifying shares) of the successor by merger to The Farmer's Loan and Trust Company, Columbia City, Indiana. 1/

Chicago Ocheyedan Bancorporation, Ocheyedan, Iowa, for approval to acquire at least 80 percent of the voting shares of Ocheyedan Savings Bank, Ocheyedan, Iowa. J /

St. Louis Bradley Bancshares, Inc. , Warren, Arkansas, for approval to acquire at least 80 percent of the voting shares of First State Bank of Warren, Warren, Arkansas. 1/

T 7 Application processed on behalf of the Board of Governors under delegated authority.


H.2, 1982 No. 13 — 1 0 -


St. Louis

St. Louis

St. Louis

St. Louis

Minneapolis

Minneapolis

Minneapolis

Kansas City

Kasas City

Dal las

Exchange Bancshares, Inc . , El Dorado, Arkansas, for ap-proval to acquire 100 percent of the voting shares of The Exchange Bank and Trust Company, El Dorado, Arkansas. 1/

Security Bancorp, Inc . , Vincennes, Indiana, for approval to acquire at least 80 percent of the voting shares of the successor by merger to Security Bank & Trust Company, Vincennes, Indiana. J /

Universal Bancorp, Bloomfield, Indiana, for approval to acquire at least 80 percent of the voting shares of the successor by merger to Bloomfield State Bank, Bloomfield, Indiana. J /

Volunteer Bancshares, Inc . , Jackson, Tennessee, for approval to acquire 100 percent of the voting shares of the succes-sor by merger to Jackson National Bank, Jackson, Tennessee.

Coulee Bancshares, Inc . , La Crosse, Wisconsin, for approval to acquire at least 87.07 percent of the voting shares of The Coulee State Bank, La Crosse, Wisconsin. J /

Fer t i le Bancshares, Inc . , Fer t i le , Minnesota, for approval to acquire at least 82.6 percent of the voting shares of First State Bank of Fer t i le , Fe r t i l e , Minnesota. \J

Halo Bancorporation, Inc . , Devils Lake, North Dakota, for approval to acquire at least 92 percent of the voting shares of First National Bank of Devils Lake, Devils Lake, North Dakota. \ j

First Midwest Bancorp, Inc . , Midwest City, Oklahoma, for ap-proval to acquire 100 percent of the voting shares of The First National Bank of Midwest City, Midwest City, Oklahoma. J /

Goddard Financial Corporation, Goddard, Kansas, for approval to acquire at least 88.23 percent of the voting shares of Suburban West State Bank, Goddard, Kansas. ]_/

Fa i r f ie ld Bancshares, Inc. , Fa i r f i e ld , Texas, for approval to acquire 100 percent of the voting shares of Fa i r f ie ld State Bank, Fa i r f ie ld , Texas. ]_/

J / Application processed on behalf of the Board of Governors under delegated authority.


H.2, 1982 No. 13 - 11


Dallas Heart of Texas Bancshares, I n c . , Lampasas, Texas, fo r ap-proval to acquire at least 80 percent of the vot ing shares of The Peoples National Bank of Lampasas, Lampasas, Texas. V

San Seaport Bancorp, I nc . , Lewiston, Idaho, for approval to Francisco acquire at least 80 percent of the vot ing shares of

Searport Ci t izens Bank, Lewiston, Idaho. ]_/

San Westlands D ive rs i f i ed Bancorp, I n c . , Santa Ana, Ca l i f o rn i a , Francisco fo r approval to acquire 100 percent of the vot ing shares

of Westlands Bank, Santa Ana, Ca l i f o rn i a . 1/

* * * * *

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

Approved At lanta Capital Bancorp, North Bay V i l l age , F lo r ida , fo r approval

to acquire at least 65 percent of the vot ing shares of F i r s t Bank of Oakland Park, Oakland Park, F lo r ida . J /

At lanta F i r s t Ci ty Bancorp, I n c . , Mar ie t ta , Georgia, fo r approval to acquire at least 80 percent of the vot ing shares of Ci t izens DeKalb Bank, Clarkston, Georgia. ]_/

At lanta GRP, I nc . , A t lan ta , Georgia, fo r approval to acquire 100 percent of the vot ing shares of The National Bank of Georgia, A t lan ta , Georgia, F i r s t Commercial Bank, Buford, Georgia and Clayton County Bank, Riverdale, Georgia. V

At lanta Trust Company of Georgia, A t lan ta , Georgia, f o r approval to acquire at least 80 percent of the vot ing shares of F i r s t National Bank of Athens, Athens, Georgia. ]_/

Chicago DETR0ITBANK Corporat ion, De t ro i t , Michigan, fo r approval to acquire 100 percent of the vot ing shares ( less d i rec-to rs 1 q u a l i f y i n g shares) of The Det ro i t Bank - Grosse Po in t , National Associat ion, Grosse Point , Michigan, a proposed new bank. J /

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

B


H.2, 1982 ::o. 13 - 12 -


Chicago northern Trust Corporation, Chicago, I l l i n o i s , fo r approval to acquire at least 57.6 percent of the vot ing shares of the successor by merger to O'Hare Banc Corp., Chicago, I l l i n o i s and i n d i r e c t l y acquire 100 percent of the vot ing shares ( less d i rec to rs ' qua l i f y i ng shares) of O'Hare In ternat ional Bank, N. A. , Chicago, I l l i n o i s .

Chicaco Ohnword Bancshares, I n c . , Maquoketa, Iowa, fo r approval to acquire at least 50 percent of the vot ing shares ,f Maquoketa State Bank, Maquoketa, Iowa. ] /

J j i k i s Cu l len / f ros t Bankers, Inc . , San Antonio, Texas, fo r ap-proval to acquire 100 percent of the voting shares of Chase National Bank, Aust in, Texas. ] /

Dallas Republic of Texas Corporation, Dal las, Texas, fo r approval to acquire 100 percent of the vot ing shares of The Lubbock National Bank, Lubbock, Texas. _!_/

Uallas Republic of Texas Corporat ion, Dal las, Texas, for approval to acquire 100 percent of the vot ing shares of RepublicBank Conroe, National Associat ion, Conroe, Texas, a proposed new bank. ] /

Denied Soston Hart ford National Corporat ion, Har t ford , Connecticut, fo r

approval to acquire 100 percent of the vot ing shares of The Mattatuck Bank and Trust Company, Waterbury, Connecticut.

* * * * *

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

Approved Chicago F i r s t State Bank Holding Company, Lynnv i l l e , Iowa, for ap-

proval to engage in general insurance a c t i v i t i e s in a community wi th a population of less than 5,000. 2 /

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


H.2, 1982 No. 13 - 13 -


Permitted New York

New York

First National Boston Corporation, Boston, Massachusetts, noti f icat ion of intent to engage in de novo a c t i v i t i e s ( ( i ) providing bookeeping and data processing services for the internal operation of a single named bank and ( i i ) storing and processing banking f i nanc ia l or re la ted data (including demand deposit, savings, direct and in -direct installment loans, commercial loans, mortgages, general ledger and central information accounting) fo r such bank and indirectly for institutions who may enter into a data processing agreement with such bank) at 101 East Flagler Street, Miami, Florida, serving the state of Florida, through i ts subsidiary, FBC, Inc. (3/24/82) 3/

Cit icorp, New York, New York, request permission to expand the ac t iv i t ies of an existing off ice (sale of credit related single Interest insurance protecting real and personal property subject to a security agreement with Citicorp Person-to-Person Financial Center, I n c . , to the extent permissible under applicable State insurance laws and regulations) at 503 Libbie Avenue, Richmond, V i r g i n i a , the service area for the new act iv i ty w i l l be the entire State of Virginia, through i t s subsidiary, Citicorp Person-to-Person Financial Center, Inc. (3/24/82) 3/

3/ 4 (c ) (8 ) not i f icat ion processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1982 No. 13 - 14 -

APPLICATIONS RECEIVED

To Establish a Domestic Branch Pursuant to Section the Federal Reserve Act

9 of

Cleveland

% i thtnofhl

San Francisco

The Lorain County Savings & Trust Co., Elyr ia , Ohio. To establish a branch at the southwest corner of the West River Road entrance to Midway Mall , West River Road North, E lyr ia , Lorain County, Ohio. 2/

First Virginia Bank of Roanoke-West, Roanoke, Virginia. To establish a branch at the intersection of Orange Ave., N.W., and Market Square Drive, Roanoke, Virginia. 2/

First Interstate Bank of Cal i fornia, Los Angeles, Cali fornia. Branch off ice in the vicini ty of the intersection of Highway 4 and Lone Tree Way, City of Antioch, Contra Costa County, Cal i fornia. 2/

Chicago

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

St. Joseph Valley Bank, Elkhart, Indiana.

* * * * *

Chicago

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

St. Joseph Valley Bank, Elkhart, Indiana, to merge with First National Bank of Goshen, Goshen, Indiana. 2/

* * * * *

Appl icat ions and No t i f i ca t i ons fo r In ternat iona l Investments and Other Actions Pursuant t o Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c ) (9) of 4(c)(13) of the Bank Holding Company Act of 1956, as amended

Chicago The Northern Trust Company, Chicago, I l l i n o i s : p r io r no-

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


H.2, 1982 No. 13 - 1 5 -

APPLICATIONS RECEIVED-Continued

t i f i c a t i o n of i t s in tent to invest in Nortrust Overseas Finance Corporation N.V., Curacao, Netherlands A n t i l l e s .

Bank of America NT&SA, San Francisco, Ca l i f o rn ia : p r io r no-t i f i c a t i o n of i t s in tent to increase i t s d i rec t investment in Savannah Bank of N iger ia , L t d . , Lagos, Niger ia.

San Francisco

San Banque de 1'Indochine et de Suez: request to enter in to an Francisco agreement 4 i t h the Federal Reserve System that i t s Los Angeles,

Ca l i f o rn ia branch would receive only such deposits as would be permissible under Section 5(a) of the In ternat ional Banking Act.

• * * * *

To Establ ish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act

Sea t t l e -F i r s t National Bank, Seat t le , Washington: p r i o r no-"rancisco t i f i c a t i o n of i t s in tent to es tab l ish a branch in Singapore.

• * * * *

To Establ ish a U.S. Branch of an Edge Act Corporation Pursuant to Section 25(a) of the Federal Reserve Act

New York Manufacturers Hanover In ternat ional Bank Corporation, Miami, F lo r ida : requests consent fo r Edge to estab l ish a branch in Boston, Massachussetts.

* * * * *

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

New York TrustCo Bank Corp NY, Schenectady, New York, fo r approval to acquire 100 percent of the vot ing shares of The Schenectady Trust Company, Schenectady, New York. 2/

Phi ladelphia Cheltenham Corporat ion, Cheltenham, Pennsylvania fo r approval to acquire 100 percent of the vot ing shares of Cheltenham Bank, Cheltenham, Pennsylvania. 2/

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 period.

I


H.2, 1982 No. 13 - 16 -


Phi ladelphia FB & T Corporation, Hanover, Pennsylvania, fo r approval to acquire 100 percent of the vot ing shares of Farmers Bank and Trust Company of Hanover, Pennsylvania. 2/

Cleveland F i r s t I n t e r c i t y Banc Corporation, Cleveland, Ohio, fo r approval to acquire 100 percent of the vot ing shares of F i r s t Bank National Associat ion, Cleveland, Ohio. 2/

Cleveland Fort Thomas-BelIvue Bancorp, I n c . , Fort Thomas, Kentucky, fo r approval to acquire 100 percent of the vot ing shares (less d i rec to rs ' qua l i f y i ng shares) of successor by merger to The Fort Thomas-Bel 1vue Bank, Fort Thomas, Kentucky. 2/

Richmond F i rs tC i t i zens Corporation, Raleigh, North Carol ina, fo r approval to acquire 100 percent of the vot ing shares of the successor by merger to F i r s t -C i t i zens Bank & Trust Company, Raleigh, North Carol ina. 2J

At lanta Basin Bancorp, I n c . , Ducktown, Tennessee, fo r approval to acquire at least 80 percent of the vot ing shares of Ducktown Banking Company, Ducktown, Tennessee. 2/

Atlanta F i r s t Newton Corporat ion, Newton, M iss iss ipp i , f o r approval to acquire at least 80 percent of the vot ing shares of F i r s t National Bank of Newton, Newton, Miss iss ipp i . 2/

At lanta Flor ida Westcoast Banks, I n c . , Venice, F lo r ida , f o r approval to acquire 100 percent of the vot ing shares of F i r s t National Bank of Venice, Venice, F lo r ida . 2/

Atlanta Guaranty Bancshares, I n c . , Lafayet te , Louisiana, f o r approval to acquire at least 80 percent of the vot ing shares of Guaranty Bank and Trust Company, Lafayet te, Louisiana. 2/

At lanta Magnolia State Capital Corp., Magee, M iss iss ipp i , f o r approval to acquire at least 80 percent of the vot ing shares of Bank of Simpson County, Magee, M iss iss ipp i . 2/

Chicago BREMEN BANCORP, INC., Tinley Park, I l l i n o i s , fo r approval to acquire 100 percent of the vot ing shares (less d i rec to rs ' qua l i f y i ng shares) of the successor by merger to Bremen Bank and Trust Company, Tinley Park, I l l i n o i s , j?/

2/ Appl icat 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.

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

H.2, 1982 No. 13 - 17 -


Chicago Edens Bancshares, I n c . , WiImette, I l l i n o i s , for approval to acquire 100 percent of the vot ing shares (less d i rec to rs ' qua l i f y i ng shares) of the successor by merger to Edens Plaza State Bank, Wilmette, I l l i n o i s . 2/

Chicago L i s l e Bancorporation, I n c . , L i s l e , I l l i n o i s , fo r approval to acquire 100 percent of the vot ing shares of the successor by merger to Bank of L i s l e , L i s l e , I l l i n o i s . 2J

St. Louis Metropol i tan Bancshares, I n c . , Munford, Tennessee, for approval to acquire at least 30 percent of the vot ing shares of The Munford Union Bank, Munford, Tennessee. 2/

Minneapolis Evansvi1le Bancshares, Evansv i l ie , Minnesota, fo r approval to acquire at least 81.33 percent of the vot ing shares of the Farmers State Bank of Evansv i l ie , Evansv i l ie , Minnesota. 2/

Minneapolis F i r s t Bank Holding Company, I n c . , Harvey, North Dakota, fo r approval to acquire at least 80 percent of the vot ing shares of The National Bank of Harvey, Harvey, North Dakota. 2/

Minneapolis JDOB, I n c . , Naples, F lo r ida , fo r approval to acquire at least 93.3 percent of the vot ing shares of the F i r s t National Bank of Askov, Askov, Minnesota. 2/

Minneapolis Spr ing f ie ld State Bancorporation, Sp r ing f i e ld , Minnesota, fo r approval to acquire at least 91.1 percent of the vot ing shares of State Bank of Sp r ing f i e ld , Sp r i ng f i e l d , Minnesota. 2/

Kansas C i ty Beverly Bankshares, I n c . , Beverly, Kansas, fo r approval to acquire at least 97 percent o f the vot ing shares of The Beverly State Bank, Beverly, Kansas. 2/

Kansas Ci ty Madison Bancorp., I nc . , Madison, Kansas, fo r approval to acquire at least 80 percent of the vot ing shares of The Madison Bank, Madison, Kansas. 2/

Kansas Ci ty Nebraska F i r s t Security Corporat ion, L inco ln , Nebraska, fo r approval to acquire 100 percent of the vot ing shares of F i r s t Securi ty National Bank, L incoln, Nebraska, a proposed new bank. 2/

San Bonnevi l le Bancorp, Provo, Utah, f o r approval to acquire 100 Francisco percent of the vot ing shares of The Bonnevil le Bank, Provo,

Utah. 2/

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


H.2, 1982 No. 13 - 18 -


San Lamorinda Financial Corporation, Lafayette, California, for Francisco approval to acquire 100 percent of the voting shares of

Lamorinda National Sank, Lafayette, C a l i f o r n i a , a proposed new bank. 2/

San North County Bancorp, Escondido, Cal i fornia, for approval to Francisco acquire 100 percent of the voting shares of North County

Bank, Escondido, California. 2/

* * * * *

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

New York The Summit Bancorporation, Summit, New Jersey, for approval to acquire 100 percent of the voting shares of The Town and Country Bank, Paritan Township (P.O. Flemington), New Jersey. 2/

Atlanta Flagship Banks, Inc . , Miami, Florida, for approval to acquire 100 percent of the voting shares of Citizens National Bank of Naples, Naples, Florida. 2/

Atlanta SouthTrust Corporation, Birmingham, Alabama, for approval to acquire at least 90 percent of the voting shares of Muscle Shoals National Bank, Muscle Shoals, Alabama. 2/

Chicago First Southeast Banking Corp., Darjen, Wisconsin, for approval to acquire at least 80 percent of the voting shares of Racine County National Bank, FranksviHe, Wisconsin. 2J

Chicago Hawkeye Bancorporation, Des Moines, Iowa, for approval to acquire at least 80 percent of the voting shares of The First National Bank in Humboldt, Humboldt, Iowa. 2/

Chicago STEEL CITY BANCORPORATION, INC., Chicago, I l l i n o i s , for approval to acquire at least 80 percent of the voting shares of Thornridge State Bank, South Holland, I l l i n o i s .

Minneapolis Northern Cit ies Bancorporation, Inc. , Anoka, Minnesota, for approval to acquire at least 80 percent or more of the voting shares of Tri-County National Bank, Forest Lake, Minnesota. 2/

2/

<?/ Application subject to Community Reinvestment Act. The Community Affairs Officer of the applicable Reserve Bank may be contacted a£ to the length of the comment period.

I


H.2, 19X2 No. 13 - 19 -

APPLICATIONS KECEIVED-Continued

Ci ty !' :r»c";ank ilonpany aid Fi rstBank Holding Co,np any of lakewood, Colorado, for approval to acquire 100

percent ,)f tne vot ing siiares o f : FirstBank of Tech Center, T%.A., Greenwood V i l l age , Colorado; Fi rstBank at Hanpden/ Yosenite, N.A., Denver, Colorado; F i r s t Bank at Havana/Cl i f f , N.A., Aurora, Colorado; and FirstBank at K ip l i ng /Jewe l l , N.A. LakewooJ, Colorado, proposed now banks. ^2/

l i d w e l l Bancshares, I nc . , Caldwell , Texas, for approval to acquire at least 99 percent of the vot ing shres of F i r s t State Bank, Ch i l ton , Texas. 2/

Dallas I n t e r F i r s t Corporat ion, Dal las, Texas for approval to acquire 100 percent of the vot ing shares of F i r s t In ternat ional :;cnk-Chelmont, National Associat ion, El Paso, Texas, a proposed new bank. 2/

'âHas Republic of Texas Corporation, Hal la , Texas, fo r approval to acquire 100 percent of the vot ing shres of RepublicBank North Dal las, N.A., Addison, Texas, a proposed new bank. 2/

* * * * *

To expand a Bank Holding Company Pursuant to Section of the Bank Holding Company Act of 1956 _

... * w , l Trust New York Corporat ion, New York, New York, fo r vvci Lv engage through i t s wholly-owned subsid iary, BT

" c i r ; Market Corp., in the executing and c lear ing on c* . r ta i " ^nmnodity exchanges of futures contracts in b u l l i o n , ;.S. iov-ernênt and GNMA secur i tes , foreign exchange, and

ruco i i ab le money market instruments.

" j Dnc :ark Bunking Corporation of F lo r ida , Fort Lauderdale, H u r i d a , for approval to acquire 100 percent of the vot ing shares of Capital America, I n c . , Fort Lauderdale, F lo r ida , and Capital Associates, I nc . , Pompano Beach, F lor ida.

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

i


. 2 , 19,# No. 13 - 20 -


New York The Chase Manhattan Corporation, New York, Mew York, requests permission to establ 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 (making or acqui r ing, for i t s own account and for the account of others, loans and other extensions of c r e d i t , both secured and unsecured inc lud ing, but not l im i ted t o , consumer and business l ines of c r e d i t , insta l lment loans for personal, household and business purposes and mortgage loans secured by real property; serv ic ing loans and others extensions of c r e d i t ; s e l l i n g t rave lers checks at r e t a i l ; act ing as insurance agent or broker fo r c red i t l i f e insurance and c red i t accident and health insurance d i r e c t l y re lated to such lending and serv ic ing a c t i v i t i e s ) at Univers i ty Park, 100 Howe Avenue, Sacramento, C a l i f o r n i a , through i t s subsid iary, Chase Manhattan Financial Services, Inc. (3/23/82)

New York Manufacturers Hanover Corporat ion, New York, New York, requests permission to relocate an ex is t i ng o f f i c e and to expand the service area of the relocated o f f i c e engaging in the fo l lowing a c t i v i t i e s (arranging, making, serv ic ing, or acquir ing for i t s own account or for the account of others, d i rec t loans, insta l lment sales contracts , and other ex-tensions of c red i t such as would be made by a finance company under Texas law, and act ing as agent or broker for the sale of s ingle and j o i n t l i f e insurance, accident and health in -surance and property insurance sold in connection with such extensions of c r e d i t ; the service area shal l be expanded to include the fo l lowing counties: Southern Montgomery, Southern L ibe r t y , Northeastern Fort Bend and Northern Brazoria) from 4108 Fannin St reet , Houston, Texas to 5405 Be l la i re Boulevard, B e l l a i r e , Texas, through i t s subs id iary , Finance One of Texas, Inc. (3/26/82)

New Yor, Manufacturers Hanover Corporation, New York, New York, requests permission to relocate an ex i s t i ng o f f i c e and to expand the service area of the relocated o f f i c e engaging in the fo l lowing a c t i v i t i e s (arranging, making, serv ic ing or acquir ing for i t s own account or for the account of others, d i rec t loans, i n -stal lment sales contracts , and other extensions of c red i t such as would be made by a f inance company under Texas law, and act ing as agent or broker fo r the sale of s ingle and j o i n t l i f e insurance, accident and health insurance and property insurance sold in connection wi th such extensions of c r e d i t ; the service area shal l be expanded to include the fo l lowing counties: Western Bastrop, Southern Wil l iamson, Northeastern

I


H.2, 1982 No. 13 - 21 -


Hayes and Northern Caldwell) from 421 West Sixth St reet , Aust in , Texas to Grand Central Stat ion Shopping Center, 8766A Research Boulevard, Aust in , Texas through i t s subs id iary , Finance One of Texas, Inc. (3/26/82)

New York Manufacturers Hanover Corporat ion, New York, New York, requests permission to estab l ish a de novo o f f i c e engaging in the fo l low ing a c t i v i t i e s (arranging, making or acquir ing fo r i t s own account or for the account of others, d i rec t loans, resi estate equi ty loans, sales f inance, motor vehicle loans, and other extensions of c red i t such as would be made by a finance company, serv ic ing such loans and other extensions of c red i t fo r any person, and act ing as an agent or broker for the sale of s ing le and j o i n t c red i t l i f e insurance and accident and health insurance which is d i r e c t l y re la ted to such loans and extensions of c red i t ) at Centre Bu i ld ing , 10100 Linn Stat ion Road, L o u i s v i l l e , Kentucky, through i t s subs id iary , Finance One Mortgage of Kentucky, Inc. (3/22/82)

New York Schroders PLC, Schroder In ternat iona l L imi ted, and Schroder In ternat iona l Holdings L imi ted, a l l of London, England, and Schroders Incorporated, New York, New York, requests permission to es tab 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 (act ing as an investment advisor to United States and fore ign c l i en t s wi th respect to t h e i r investments in o i l and gas i n te res t s , and to ass is t in the f inancing of such investments) at One State S t ree t , New York, New York, through t h e i r subs id ia ry , Schroder Oi l Financing & Investment Company, Inc. (3/23/82)

Phi ladelphia Phi ladelphia National Corporat ion, Phi ladelphia, Pennsylvania, n o t i f i c a t i o n of in ten t to engage i n de novo a c t i v i t i e s (the o r i g i na t i on of FHA, VA and conventional res ident ia l mortgage loans and the geographic areas to be served w i l l be the State of Texas, the proposed Corpus Chr i s t i o f f i c e w i l l conduct the a c t i v i t i e s p r imar i l y in the counties of Nueces, San Pa t r i c i o and Kleberg, the proposed San Antonio o f f i c e w i l l conduct the a c t i v i t i e s p r imar i l y in the Counties of Bexar, Comal and Guadalupe) at Suite 9 Everhart Patio Plaza, 5440 Everhart Road, Corpus C h r i s t i , Texas and 4831 Fredericksburg Road, San Antonio, Texas, through i t s subs id iary , Colonial Mortgage Service Company Associates, Inc. (3/5/82)

Phi ladelphia Phi ladelphia National Corporat ion, Phi ladelphia, Pennsylvania, n o t i f i c a t i o n of in ten t to engage i n de novo a c t i v i t i e s (com nerc ia l loan a c t i v i t i e s , inc lud ing the making of instal lment loans to ind iv idua ls and business e n t i t i e s for business pur-poses secured by mortgages on real estate owned by the borrowers

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

H.2, 1982 No. 13 - 2 2 -


or t h e i r p r i nc ipa l s ) from ex i s t i ng Pennsylvania o f f i ces in Allentown, Ambridge, But le r , Camp H i l l , P i t tsburgh, Edwardsvil 1e, Er ie , Gettsburg, Greensburg, Greenvi l le , Grove C i t y , Harr isburg, Indiana, Lancaster, Latrobe, Meadvi l le, New Cast le, Oi l C i t y , Penn H i l l s , Punxsutawney, S k i l l i n g t o n , Rochester, Scranton, Hermitage, Spr ing f ie ld , Uniontown, Vandergr i f t , Washington, Waynesburg, Carapol is, West Newton and York, through i t s newly-formed ind i rec t subs id iary , Signal Business Loans, Inc. (3/24/82)

Cleveland Mellon National Corporation, P i t tsburgh, Pennsylvania, no-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 (providing p o r t f o l i o investment advice, p r imar i l y to Pension and P r o f i t Sharing Truste qua l i f i ed under Section 401 of the Internal Revenue Code of 1954, as amended, but also to ind iv idua ls and other i n s t i t u t i o n s ; serving as the advisory company fo r mortgage or real estate investment t r u s t s ; serving as investment advisor, as defined in Section 2(a)(20) of the Investment Company Act of 1940, to investment companies registered under the Act , to the extent permissible under law; fu rn ish ing general economic information and advice; general economic s t a t i s t i c a l forecast ing serv ices, and industry s tudies; and providing f inanc ia l advice to State and local governments, such as wi th respect to the issuance of t h e i r secur i t i es ) at 1 Post Of f i ce Square, Boston, Massachusetts, through i t s subs id iary , Frankl in P o r t f o l i o Associat ies, Inc. (3/25/82)

Kansas City Sidney National Corporation, Sidney, Nebraska, n o t i f i c a t i o n of in tent to engage in de novo a c t i v i t i e s ( i n f inance leasing a c t i v i t i e s ) a t 1108 Tenth Avenue, Sidney, Nebraska, the geographic area to be served w i l l be the Panhandle of Nebraska, Eastern Wyoming, Northern Colorado and Northwestern Kansas, through i t s subs id iary , Sidney National Leasing, Inc. (3/24/82)

Dallas Commerce Southwest I n c . , Dal las, Texas, 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 ( (1) providing investment management and advisory services to a f f i l i a t e banks and non-a f f i l i a t e banks, t r u s t companies and other f inanc ia l i n s t i -tu t ions and to ind iv idua ls and corporat ions; and (2) fu rn ish ing general economic s t a t i s t i c a l forecast ing services and industry studies) at 1525 Elm St reet , Suite 1200, Dal las, Texas, serving the State j f Texas, through i t s subs id iary , BancTEXAS Invest-ment Management Inc. (3/23/82)

Dallas Univers i ty National Bancshares of San Antonio, I nc . , San Antonio, Texas, n o t i f i c a t i o n of in ten t to engage i n de novo a c t i v i t i e s (underwr i t ing c red i t l i f e and c red i t accident and health insurance) at 15750 In te rs ta te Highway 10 West, San Antonio, Texas, serving the State of Texas, through i t s subs id iary , Univers i ty National Credit L i f e Insurance Company (3/24/82)

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

H.2, 1982 No. 13 - 23 -

APPLICATIONS RECEiVED-Continued

Dal las Wharton Capital Corporat ion, Wharton, Texas, n o t i f i c a t i o n of in tent to engage i n de novo a c t i v i t i e s (the leasing of personal and real property for terms of one to fo r t y years) at 600 N. 2nd St ree t , Conroe, Texas, serving the State of Texas, through i t s subsidiary, Securi ty Capital Leasing Corporation (3/25/82)

San GankAmerica Corporat ion, San Francisco, Ca l i f o rn i a , n o t i f i c a t i o n Francisco of in tent to engage in jie novo a c t i v i t i e s (act ing as an in -

dus t r i a l loan company under the Tennessee Indus t r ia l Loan and T h r i f t Companies Act ; making or acquir ing for i t s own account loans and other extensions of c r e d i t ; serv ic ing loans and other extensions of c r e d i t ; and o f f e r i ng c r d i t - r e l a t e d l i f e insurance, c r e d i t - r e l a t e d accident and health insurance, and c r e d i t - r e l a t e d property insurance in the State of Tennessee; such a c t i v i t i e s w i l l inc lude, but not be l im i ted t o , issuing investment c e r t i f i c a t e s ( i n t r as ta te on ly ) , making consumer ins ta l lment loans, purchasing insta l lment sales finance cont rac ts , making loans and other e ' tensions of c red i t to l i i - l l businesses, making loans secured by real and personal ^ r . 'per ty , and o f f e r i ng c red i t - r e l a t ed l i f e and c red i t - r e l a ted n ic ident ami health insurance d i r e c t l y re lated to extensions cf - r ed i t c acquired both FinanceAmerica Corporation and IinanccAueriLa Corporation and FinanceAmerica Credit Corporation; i t is fu r ther proposed that another i nd i rec t subs id iary , FinanceAmerica Credit Corporat ion, (a Delaware corporat ion) , w i l l etyage in the a c t i v i t i e s of making or acquir ing fo r i t s own f< cou: is loans and other extensions of c red i t such as would be

or d e s i r e d by a finance company; serv ic ing loans and ether c Atcntsiccs of c r e d i t ; and o f f e r i n g c red i t - r e l a ted l i f e

. nê end c red i t - r e l a t ed accident and health insurance; ^ r - : : : t - f e l a t e d property insurance w i l l not be of fered in e i ther :? " t i : e i f Tennessee or Miss iss ipp i ) at S242 Poplar Avenue,

\ ip ' r s, Tennessee, serving the en t i re States of ' ' c 'see and M iss i ss ipp i , through i t s i nd i rec t subsid iary,

' : n a n c c . \ : c i c a Corporation (a Tennessee corporat ion) (whose name : :,c to FinanceAmerica T h r i f t Corporation) (3/26/82)

San i r n te rs ta te Bancorp, Los Angeles, 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 ^ o )* in tent to engage in de novo a c t i v i t i e s (making or acquir ing

loans and other extensions of c red i t such as commercial loans secured by a borrower's inventory, accounts receivable, or other assets and serv ic ing loans) i n Chicago, I l l i n o i s , serving the f i f t y states, through i ts subs id ia ry , F i r s t In te rs ta te Commercial Corporation (3/25/82)


H.2. 1962 No. 13 - 24 -


San sva^ i r s t Corporat ion, Sea t t l e , Washington, n o t i f i c a t i o n of i n ten t Francisco to engage in de novo a c t i v i t i e s (making or acqu i r ing loans and

other extensions of c r e d i t inc lud ing commercial loans secured by a borrower 's inven to ry , accounts rece ivab le , cap i ta l equipment or other assets ; se rv i c ing loans; and leasing personal property) m f a l l Lake C i t y * Utah, serv ing the State of Utah, through i t s subs id ia ry . Sea f i r s t Commercial Corporat ion (3/24/82)

1 Secur i ty Pac i f i c Corporat ion, Los Angeles, C a l i f o r n i a , n o t i f i c a t i o n ' r „ ; i L ~ i c v of i n ten t to engage in de novo a c t i v i t i e s (making or acqu i r ing

fo r i t s own account or fo r the account of o thers , loans and extensions of c r e d i t , i nc lud ing making consumer ins ta l lment personal loans, purchasing consumer ins ta l lmen t sales f inance con t rac ts , making loans to small businesses and other extensions of c r e d i t such as would be made by a f ac to r i ng company or a consumer f inance company, and ac t ing as broker or agent f o r the sale of c r e d i t l i f e , acc ident , and heal th insurance) at 1930 South Alma School Road, Sui te #114-N, Mesa, Ar izona, serv ing the State o f Arizona through i t s sub-s i d i a r y , Secur i ty Pac i f i c Finance Corporat ion (3/23/82)

' ' U.S. Ha^corp, Por t land , Oregon, n o t i f i c a t i o n of i n ten t t o engage ' j f K i s . o in de novo a c t i v i t i e s (p rov id ing management consu l t ing advice

to n o n a f f i l i a t e d bank and nonbank deposi tory i n s t i t u t i o n s , i n -, l i n i n g o n n e r c i a l banks, savings and loan assoc ia t ions , mutual w n m ; s banks, c red i t unions, i n d u s t r i a l banks, Morr is Plan banks, c r x p c r j t i v e banks and i n d u s t r i a l loan companies; Bancorp Financia l proposes to engage in t h i s a c t i v i t y by the sel1 ing of such pro-

as i t s Te l le r Operations Program, Supervisory Study Program SSP) and Evaluat ing Business Ventures Program (EBV) to commercial

l a rks and other types of deposi tory f i n a n c i a l i n s t i t u t i o n s ; Bancorp inanc ia l w i l l a lso o f f e r audi t consu l t ing services which w i l l i n -

„ 1u :e t r a i n i n g of personnel in p o l i c i e s and procedures and the establ ishment of con t ro l systems and monotoring by cont ro l systems of operat ions and c r e d i t s ; accounting consu l t ing serv ice which w i l l include development and implementation of accounting systems and c o n t r o l ; marketing consu l t ing services which wi11 inc lude market i d e n t i f i c a t i o n , market development, and media u t i l i z a t i o n programs; Bancorp F inanc ia l w i l l a lso o f f e r other services and products developed f o r i t s own use t o such deposi tory i n s t i t u t i o n s as permi t ted under Section 225.4(a)(12) of Regulat ion Y) i n C a l i f o r n i a , Missouri and Texas, through i t s subs id i a r y , U.S. Bancorp F inanc ia l , Inc. (3/22/82)


H.2, 1982 No. 13 - 25 -

APPLICATIONS RECE1VED-Continued

REPORTS RECEIVED

Ownership Statement Filed Pursuant to Section 13(d) of the Securities Exchange Act

Peoples Bank of Chesterfield, Chesterfield, Virginia (Filed by W.S. Carnes)

Union Trust Company of Wildwood, Wildwood, New Jersey (Filed by Albert S. Bai l ie)

PETITIONS FOR RULEMAKING

None


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