h2_19810124.pdf

ANNOUNCEMENT BY

APPLICABLE RESERVE BANK

A t l a n t a

New York

Cleveland

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM (H.2 , 1981 No. 4)

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

Received During the Week Ending January 24, 1981

ACTIONS OF THE BOARD

I n t e r p r e t a t i o n under Regu la t ion K, I n t e r n a t i o n a l Banking O r g a i n z a t i o n s , d e a l i n g w i t h investments by a United S t a t e s banking o r g a n i z a t i o n in a fore ign company ( i n -c lud ing a f o r e i g n bank) that does b u s i n e s s in the United S t a t e s . (Docket No. R-0349)

Theodore E. A l l i s o n , promoted to S t a f f D i r e c t o r for Federal Reserve Bank A c t i v i t i e s .

Clyde H. Farnsworth, J r . , promoted to D i r e c t o r of the D i v i s i o n of Federal Reserve Bank Operat ions .

James L. S t u l l , promoted t o Manager of the Board's Opera-t i o n s Review Program in the D i v i s i o n of Federal Reserve Bank Opera t ions .

I ssuance of subordinated notes by M&I Marshal l & I s l e y Bank, Milwaukee, Wiscons in . JL/

Termination of i t s r e g i s t r a t i o n under Regulat ion G, S e c u r i t i e s Credi t by Persons Other Than Banks, Brokers , or D e a l e r s , by The Nat ional L i f e and Accident Insurance Company, N a s h v i l l e , Tennessee . JL/

Cartere t Bancorp, I n c . , C a r t e r e t , New J e r s e y , e x t e n s i o n of t ime t o May 4 , 1981, w i t h i n t*iich to consummate the acqui -s i t i o n of Cartere t Bank and Trust Company, C a r t e r e t , New J e r s e y . J7

P i k e v i l l e Nat ional Corporat ion, P i k e v i l l e , Kentucky, e x t e n -s i o n of t ime u n t i l June 30 , 1981, w i t h i n vhich to acquire P i k e v i l l e Nat ional Bank & Trust Company, P i k e v i l l e , Kentucky. 1/

1/ A p p l i c a t i o n processed on behal f of the Board of Governors under de legated aut hori t y .

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

H.2, 1981 No. 4

ACTIONS OF THE BOARD-Continued

A t l a n t a

A t l a n t a

A t l a n t a

Chicago

Ch icago

Chicago

Chicago

D a l l a s

F i r s t City Bancorp, I n c . , Mar ie t ta , Georgia , e x t e n s i o n of t ime u n t i l Apri l 8 , 1981, w i t h i n vdiich to become a bank ho ld ing company by acqu ir ing F i r s t National Bank of Cobb County, M a r i e t t a , Georgia . J L /

F i r s t Gwinnett Bancshares , I n c . , L a w r e n c e v i l l e , Georgia , ex t ens ion of t ime u n t i l May 6 , 1981, w i t h i n tdiich to become a bank ho ld ing company through a c q u i s i t i o n of shares of F i r s t Nat ional Bank of Gwinnett County, Lawrencev i l l e , Georg ia . \J

Southeast Banking Corporat ion, Miami, F l o r i d a , e x t e n s i o n of time u n t i l Apri l 30, 1981, w i th in which to e s t a b l i s h a t r u s t s e r v i c e o f f i c e of The Southeast Banks Trust Company, N . A . , on the premises of The Southeast Bank of Pasco. \ j

F i r s t Lake County Corporat ion , L i b e r t y v i l l e , I l l i n o i s , e x -t e n s i o n of t ime to Apri l 18, 1981, w i t h i n tdiich to become a bank ho ld ing company through the a c q u i s i t i o n of 100 percent of t h e v o t i n g shares of F i r s t Nat iona l Bank of L i b e r t y v i l l e , L i b e r t y v i l l e , I l l i n o i s . J L /

FNB Bancorp. , I n c . , Chicago H e i g h t s , I l l i n o i s , e x t e n s i o n of time to May 11, 1981, w i th in which to become a bank h o l d -ing company through the a c q u i s i t i o n of 100 percent of the v o t i n g shares of F i r s t National Bank in Chicago Heights , Chicago H e i g h t s , I l l i n o i s . JL/

Nat ional Bancorp, I n c . , Melrose Park, I l l i n o i s , e x t e n s i o n of t ime to February 26, 1981, w i t h i n vrtiich to become a bank ho ld ing company through a c q u i s i t i o n of 100 percent of the v o t i n g shares of the succes sor by merger to Melrose Park Nat ional Bank, Melrose Park, I l l i n o i s . \ j

B.O.Y. BANCORP, INC., Y o r k v i l l e , I l l i n o i s , e x t e n s i o n of t ime to Apri l 20, 1981, w i t h i n which to become a bank hold ing company through the a c q u i s i t i o n of 80 percent or more of the v o t i n g shares of The Bank of Y o r k v i l l e , Y o r k v i l l e , I l l i n o i s . J L /

Orange Bancshares , I n c . , Orange, Texas , e x t e n s i o n of time to Apri l 2 , 1981, w i t h i n which to consummate the a c q u i s i t i o n of Orange Bank, Orange, Texas . 1/

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

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

H.2, 1981 No. 4 - 3


D a l l a s Texas Commerce Bancshares , I n c . , Houston, Texas, e x t e n s i o n of time to August 9 , 1981, w i t h i n vhich to obta in the d i s s o l u t i o n of the i n t e r l o c k i n g d i r e c t o r s h i p between i t s e l f and Kaneb S e r v i c e s , I n c . , Houston, Texas , a sav ings and loan holding company. If

Dal l a s San Ben i to Bancshares , I n c . , San B e n i t o , Texas , e x t e n s i o n of time to March 18, 1981, w i th in which to consummate the a c q u i s i t i o n of The San Ben i to Bank & Trust Company, San B e n i t o , Texas . 1/

Dal las F i r s t Duncanv i l l e Corporat ion , D u n c a n v i l l e , Texas , exten-s i o n of time to consummate the a c q u i s i t i o n of F i r s t Nat ional Bank of D u n c a n v i l l e , D u n c a n v i l l e , Texas. 1/

Kansas City F i r s t Bank & Trust , Concordia, Kansas, proposed merger with F i d e l i t y S t a t e Bank, Concordia, Kansas, report t o the Comptroller of the Currency on compet i t ive f a c t o r s . 1/

Kansas Ci ty F i r s t Secur i ty Bancshares , I n c . , Oklahoma C i t y , Oklahoma, ex tens ion of t ime t o March 17, 1981, w i t h i n th ich to consummate the a c q u i s i t i o n of F i r s t Secur i ty Bank and Trust Company, Oklahoma C i t y , Oklahoma. J./

Richmond Franc i s Scot t Key Bank and Trust Company, Freder ick , Maryland, proposed merger with The F i r s t Nat iona l Bank of Maryland, Ba l t imore , Maryland, report to the Comptroller of t h e Currency on c o m p e t i t i v e f a c t o r s . 1/

A t l a n t a C i t i z e n s and Southern Bank of Mil led g e v i l le , Mil led gevi 1 le , Georgia , proposed merger with C&S In ter im, I n c . , Mil led ge-v i l l e , Georgia; report to the Federal Deposi t Insurance Corporation on c o m p e t i t i v e f a c t o r s . J7

A t l a n t a Columbua Bank & Trust Company, Columbus, Georgia , proposed merger with New CB&T Second Mortgage Company, Georgia; report to the Federal Deposi t Insurance on compet i t ive f a c t o r s . 1/

At lanta F i r s t Nat ional Bank of Va ldos ta , Va ldos ta , Georgia , proposed merger with F i r s t Nat iona l Interim Bank of Valdos ta , report to the Comptrol ler of the Currency on compet i t ive f a c t o r s . 1/

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


H.2, 1981 No. 4 - 4


A t l a n t a F i r s t S t a t e Bank and Trust Company, Albany, Georgia , pro-posed merger with F i r s t S t a t e Interim Corporat ion , Albany, Georgia , report to the Federal Depos i t Insurance Corpora-t i o n on c o m p e t i t i v e f a c t o r s . 1/

Chicago

San Franci sc o

San Franci s c o

Oelwein S t a t e Bank, Oelwein , Iowa, a p p l i c a t i o n for pr ior approval to merge with A r l i n g t o n S t a t e Bank, A r l i n g t o n , Iowa, under the charter and t i t l e of Oelwein S t a t e Bank, Oelwein, lowa; report to the Federal Deposi t Insurance Corporat ion on compet i t i ve f a c t o r s . JJ

Inter im Bank of Newport, Newport, Oregon, proposed merger wi th The Bank of Newport, Newport, Oregon, under the charter and t i t l e of the l a t t e r ; report to the Federal Depos i t Insurance Corporat ion on compet i t i ve f a c t o r s . \J

Inter im Bank of Oregon, Woodburn, Oregon, proposed merger wi th Bank of Oregon, Woodburn, Oregon, under the charter and t i t l e of the l a t t e r , report to t h e Federal Depos i t Insurance Corporat ion on compet i t i ve f a c t o r s . _1/

Kansas Ci ty Mountain F i n a n c i a l S e r v i c e s , I n c . , Denver, Colorado, ex-t e n s i o n of time to Apri l 11, 1981, w i th in which to con-summate the a c q u i s i t i o n of L o u i s v i l l e S t a t e Bank, L o u i s v i l l e , Colorado. 1/

Kansas Ci ty Mountain Banks, L t d . , Denver, Colorado, e x t e n s i o n of t ime to Apr i l 21 , 1981, w i t h i n which to consummate the acqui-s i t i o n of L o u i s v i l l e Mountain Bank, N.A. , L o u i s v i l l e , Colorado, a proposed new bank. 1/

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


H.2 , 1981 No. 4 - 5


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

Approved New York The Schenectady Trust Company, Schenectady, New York.

Branch to be e s t a b l i s h e d at Unit A, Royce Shopping Center , 1400 A It amont Avenue, Rotterdam, Schenectady County, New York. \J & _2/

San Columbia P a c i f i c Bank & Trust Co. , Por t land , Oregon. F r a n c i s c o Branch to be e s t a b l i s h e d at N.E. 21st and Columbia

Boulevard, P o r t l a n d , Oregon. \J & 2 /

San United C a l i f o r n i a Bank, Los Ange l e s , C a l i f o r n i a . Branch Franc i s co to be e s t a b l i s h e d in t h e v i c i n i t y of the i n t e r s e c t i o n

of Avalon Boulevard and V i c t o r i a Avenue, Carson, Los Ange les County, C a l i f o r n i a . 1/ & 2 /

* * * * *

Kansas Ci ty

Kansas Ci ty

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

Not Disapproved Moorcroft S t a t e Bank, Moorcrof t , Wyoming. V

Western Bank of Cody, Cody, Wyoming. 1/

* * * * *

To Organize , or Inves t i n , a Corporation Doing Fore ign Banking and Other Fore ign F inanc ing Pursuant t o S e c t i o n 25 or 25(a) of the Federal Reserve Act

Approved New York The Bank of New York, New York, New York: grants consent

to e s t a b l i s h an Edge Act Corporat ion to be known as Bank of New York I n t e r n a t i o n a l , Incorporated, Miami, F l o r i d a .


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

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

H.2, 1981 No. 4 - 6 -


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

Approved At lanta Irv ing Trust Company In ternat iona l /Miami , Miami, F l o r i d a :

grant s consent to amend A r t i c l e s F i r s t , Fourth, Seventh, N in th , Eleventh of I rv ing Trust Company I n t e r n a t i o n a l / Miami, and t o e s t a b l i s h and operate branches in Chicago, I l l i n o i s ; A t l a n t a , Georgia; D a l l a s , Texas; and Los Ange les , C a l i f o r n i a and George Town, Grand Cayman I s l a n d s .

P h i l a d e l p h i a P h i l a d e l p h i a I n t e r n a t i o n a l Investment Corporat ion, P h i l -a d e l p h i a , Pennsy lvan ia : grants consent to cont inue to hold shares of Banque Worms S.A. trtiich would cont inue t o be p e r m i s s i b l e a f t e r Banque e s t a b l i s h e s a branch o f f i c e in New York, New York.

* * * * *

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

Withdrawn Cleveland P e o p l e s Bancorp of L inco ln County, I n c . , H u s t o n v i l l e ,

Kentucky, f o r approval to acquire 80 .59 percent of the v o t i n g shares of The P e o p l e s Bank of H u s t o n v i l l e , H u s t o n v i l l e , Kentucky. 2J

At lan ta F i r s t J e f f e r s o n Corporat ion, B i l o x i , M i s s i s s i p p i , for approval to acquire at l e a s t 80 percent of the v o t i n g shares of The J e f f e r s o n Bank, B i l o x i , M i s s i s s i p p i . 2 /

Approved A t l a n t a F i r s t Southern Bancshares , I n c . , Mount J u l i e t , Tennessee ,

f or approval to acquire 80 percent of the v o t i n g shares o f Bank of Mt. J u l i e t , Mount J u l i e t , Tennessee . 2 /

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


H. 2, 1981 No. 4 - 7 -

ACTIONS OF THE BOARD-Cont inued

A t l a n t a Marion Bancshares, I n c . , Jasper , Tennessee , f o r approval to acquire at l e a s t 80 percent of t h e v o t i n g shares of Marion Trust and Banking; Company, J a s p e r , Tennessee . 1/ & 2/

Chicago Tri-County Bancorp. , Roachdale , Ind iana , f o r approval to acquire 100 percent ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of the v o t i n g shares of the s u c c e s s o r by merger to T r i -County Bank & Trust Company, Roachdale, Indiana. J.J & 2 /

Minneapol i s Sahara Bancorp, I n c . , New Brighton, Minnesota, f o r approval to acquire 82 percent of t h e v o t i n g shares of F i r s t S t a t e Bank of New Br ighton , New Brighton , Minnesota. JJ & 2J

Kansas Ci ty Choctaw Bancorp, I n c . , Choctaw, Oklahoma, for approval to acquire at l e a s t 80 percent of the v o t i n g shares of Choctaw S t a t e Bank, Choctaw, Oklahoma. 1/ & 2t/

Kansas City Mulvane Bankshares, I n c . , Mulvane, Kansas, f o r approval to acquire 81 percent of t h e v o t i n g shares of The Mulvane S t a t e Bank, Mulvane, Kansas. 1/ & 2/

Kansas Ci ty Sweet Spr ings Bancshares , I n c . , Sweet Springs , M i s s o u r i , f o r approval to acquire at l e a s t 80 percent of the v o t i n g shares of Chemical Bank, Sweet Springs , M i s s o u r i . 1/ & 2/

Kansas Ci ty

San Francisc o

Sidney Nat ional Corporat ion, S idney , Nebraska, f o r approval to acquire a t l e a s t 80 percent of t h e v o t i n g shares of Sidney Nat iona l Bank, S idney , Nebraska. JJ & _2/

BSD Bancorp, I n c . , San Diego , C a l i f o r n i a , for approval t o acquire 100 percent of the v o t i n g shares of the s u c c e s s o r by merger to The Bank of San Diego , San Diego , C a l i f o r n i a . 1/ & 2/

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

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


H.2 , 1981 No. 4

New York

Cleveland

A t l a n t a

Kansas City

Kansas Ci ty

D a l l a s

Dal l a s

San Franci sco

8


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

Approved C i t i c o r p , New York, New York, for approval to acquire 100

percent of the v o t i n g shares (except d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of Cit ibank (South Dakota) , N.A. , Sioux F a l l s , South Dakota, a proposed new bank. 2 /

F i f t h Third Bancorp, C i n c i n n a t i , Ohio, for approval t o acquire 100 percent of the v o t i n g shares of The Farmers Bank, West Union, Ohio. _1/ & 2J

F l o r i d a Coast Banks, I n c . , Pompano Beach, F l o r i d a , f o r ap-proval to acquire 51 percent of the v o t i n g shares of F i r s t Bank and Trust Company of Palm Beach County, Boynton Beach, F l o r i d a . 7 j

United Banks of Colorado, I n c . , Denver, Colorado, f o r ap-proval to acquire 100 percent of t h e v o t i n g shares of Bank of Durango, Durango, Colorado. JL/ h i ]

United Banks of Colorado, I n c . , Denver, Colorado, for ap-proval t o acquire 100 percent of the v o t i n g shares of Bank of I g n a c i o , I g n a c i o , Color ado._!/ & 2 /

Commerce Southwest I n c . , D a l l a s , Texas, f o r approval to acquire 100 percent of t h e v o t i n g shares of Central Nat ional Bank of McKinney, McKinney, Texas . JL/ & 2/

Commerce Southwest I n c . , D a l l a s , Texas , for approval t o acquire 100 percent of the v o t i n g shares of White Rock Bank of D a l l a s , D a l l a s , Texas . JL/ & 2 /

The Sumitomo Bank, L imi ted , Osaka, Japan, f o r approval to acquire 13 .734 a d d i t i o n a l shares of t h e v o t i n g shares of Central P a c i f i c Bank, Honolulu, Hawaii .


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

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

H.2, 1981 No. 4 - 9 -

ACTIONS OF THE BOARD-Cont inued

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

Withdrawn New York Horizon Bancorp, Morristown, New J e r s e y , n o t i f i c a t i o n of

i n t e n t to engage in de novo a c t i v i t i e s ( l e a s i n g personal property or a c t i n g as broker or adviser in l e a s i n g such property provided such l e a s e s meet the c r i t e r i a of S e c t i o n 2 2 5 . 4 ( a ) ( 6 ) of Regula t ion Y) at 334 Madison Avenue, Morristown, New J e r s e y , through i t s s u b s i d i a r y , Horizon Credi tcorp ( 1 / 1 3 / 8 1 ) 3 /

Returned S t . Louis Tradewater Bancshares , I n c . , Providence , Kentucky, n o t i -

f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( a c t -t i n g as agent or broker with r e s p e c t to the s a l e of any type of insurance in communities havine a popula t ion not exceed ing 5 , 0 0 0 i n c l u d i n g , but not l i m i t e d t o , the s a l e of f i r e , c a s u a l t y , v e h i c l e , a c c i d e n t , h e a l t h , d i s -a b i l i t y , r e n t , b u r g l a r y , and l i f e insurance regard l e s s of whether r e l a t e d t o e x t e n s i o n s of c r e d i t or not) on Main S t r e e t , Providence , Kentucky, through a s u b s i d -i a r y , Union Nat ional Insurance Agency, I n c . ( 1 / 2 3 / 8 1 ) _3/

React iva ted Kansas Ci ty Bankshares of Nebraska, I n c . , Grand I s l a n d , Nebraska, n o t i -

f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t o engage in i n d u s t r i a l loan and investment company a c t i v i t i e s ) a t 124 West 46 th S t r e e t , Kearney, Nebraska, through a sub-s i d i a r y , F i r s t Sav ings Company of Kearney, Inc . ( 1 / 2 2 / 8 1 ) 3 /

Permit ted New York C i t i c o r p , New York, New York, n o t i f i c a t i o n of i n t e n t t o

engage in de novo a c t i v i t i e s (making or a c q u i r i n g , f o r i t s own account or for the account of o t h e r s , commercial loans and other e x t e n s i o n s of c r e d i t ; and l e a s i n g p e r -sonal or r e a l property or a c t i n g as agent , broker or a d v i s e r in l e a s i n g such property and s e r v i c i n g such l e a s e s subjec t to a l l of t h e q u a l i f i c a t i o n s s p e c i f i e d in 12 C.F.R. 2 2 5 . 4 ( a ) ( 6 ) ( a ) and (b ) where the l e a s e s serve as the f u n c t i o n a l equiva lent of an e x t e n s i o n of c r e d i t to the l e s s e e of the property) at 575 Lexington Avenue, New York, New York, and a t 485 Lexington Avenue, New York, New York, through i t s s u b s i d i a r y , C i t i c o r p I n d u s t r i a l C r e d i t , Inc . ( 1 / 1 9 / 8 1 ) 3/

3 / 4 ( c ) ( 8 ) or 4 ( c ) ( 1 2 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1981 No. 4 - 1 0


New York

Richmond

Richmond

At lanta

Ch icago

Manufacturers Hanover Corporat ion, New York, New York, no-t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (commercial l e a s i n g and f i n a n c i n g a c t i v i t i e s , l e a s i n g r e a l and personal property on a f u l l payout b a s i s , a c t -ing as agent , broker or a d v i s e r in l e a s i n g such property, making or a c q u i r i n g , for i t s own account or for the ac-count of o t h e r s , loans and other e x t e n s i o n s of c r e d i t with r e s p e c t to r e a l or personal property and s e r v i c i n g such l e a s e s , loans and other e x t e n s i o n s of c r e d i t ) at P i l l s b u r y Center , 200 South S ix th S t r e e t , Minneapol i s , Minnesota, through i t s s u b s i d i a r y , Manufacturers Hanover Leasing Corporat ion ( 1 / 1 8 / 8 1 ) 3 /

NCNB Corporat ion , C h a r l o t t e , North C a r o l i n a , n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( s e l l i n g , at r e t a i l , money orders having a face v a l u e of not more than $1 ,000) a t 505 Broad S t r e e t , E l i z a b e t h t o n ; 1368 North Washington Avenue, Brownsv i l l e ; 412 South Cumberland S t r e e t , Lebanon; River Oak Shopping Center , F a y e t t e v i l l e ; 502 West Main S t r e e t , Waverly, Tennessee; 4235 Main S t r e e t , L o r i s ; Newberry Shopping Center , Newberry; 1101 East Liberty S t r e e t , Marion; 140 W. Stone Avenue, Green-v i l l e , South Caro l ina; 445 South Atkinson S t r e e t , Laurinburg; and 211 Tunnel Road, A s h e v i l l e , North Caro l ina; 212 E. B a t t l e S t r e e t , Ta l ladega; and 1109-D Rucker Boule-vard, E n t e r p r i s e , Alabama, through i t s s u b s i d i a r y , Trans-South F i n a n c i a l Corporat ion ( 1 / 1 2 / 8 1 / ) 3 /

V i r g i n i a Nat ional Bankshares, I n c . , N o r f o l k , V i r g i n i a , no-t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account or for the account of o t h e r s , loans secured p r i n c i p a l l y by second mortgages on real property; and a c t i n g as agent in the s a l e of c r e d i t l i f e insurance and acc ident and h e a l t h insurance in connect ion w i th such l o a n s ) at 6600 L o i s d a l e Court , S p r i n g f i e l d , V i r g i n i a , through i t s sub-s i d i a r y , VNB Equity Corporat ion ( 1 / 1 9 / 8 1 ) _3/

F l o r i d a Commercial Banks, I n c . , Miami, F l o r i d a , n o t i f i c a -t i o n of i n t e n t to engage in de novo a c t i v i t i e s (provide data p r o c e s s i n g s e r v i c e s to Commercial Bank of Vero Beach, Vero Beach, F l o r i d a ) ( 1 / 2 3 / 8 1 ) 3/

Cont inenta l I l l i n o i s Corporat ion , Chicago, I l l i n o i s , 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 in the S t a t e of I l l i n o i s (making or a c q u i r i n g , for i t s own

3/ 4 ( c ) ( 8 ) or 4 ( c ) (12) n o t i f i c a t i o n processed by Reserve Bank on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1981 No. 4 - 1 1 -


account or for the account of o t h e r s , secured and un-secured loans and other e x t e n s i o n s of c r e d i t and s e r -v i c i n g such loans and other e x t e n s i o n s of c r e d i t ) through Cont inenta l I l l i n o i s Commercial Corporat ion ( 1 / 2 1 / 8 1 ) 3/

Kansas City Bankshares of Nebraska, I n c . , Grand I s l a n d , Nebraska, no-t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t o engage in i n d u s t r i a l loan and investment company a c t i v -i t i e s ) a t 124 West 46th S t r e e t , Kearney, Nebraska, through a s u b s i d i a r y , F i r s t Savings Company of Kearney, I n c . ( 1 / 2 3 / 8 1 ) 3 /

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

loans and other e x t e n s i o n s of c r e d i t and acquir ing loans , p a r t i c i p a t i o n s in l o a n s , and other e x t e n s i o n s of c r e d i t such as would be made or acquired by a f inance company; such a c t i v i t i e s would i n c l u d e , but not be l i m i t e d t o , inventory and accounts r e c e i v a b l e f i n a n c i n g ; l e a s i n g f i -nancing; equipment f i n a n c i n g ; insurance premium f i n a n c i n g ; making loans to n o n - a f f i l i a t e d f i n a n c e and l e a s i n g companies secured by p ledges of accounts r e c e i v a b l e of such companies; making other loans secured by r e a l or personal property and purchas ing r e t a i l i n s t a l l m e n t s a l e s c o n t r a c t s ; in a d d i t i o n , BA Commercial Corporation a l s o proposes to engage in the a d d i t i o n a l a c t i v i t i e s of s e r v i c i n g l o a n s , p a r t i c i p a t i o n s of loans and other e x t e n s i o n s of c r e d i t for i t s e l f and others in c o n n e c t i o n with e x t e n s i o n s of c r e d i t made or acquired by BA Commercial Corporation) in A t l a n t a , Georgia , through i t s i n d i r e c t s u b s i d i a r y , BA Commercial Corporation (a Pennsy lvan ia Corporation ( 1 / 2 4 / 8 1 ) 3J

* * * * *

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

M i t s u b i s h i Trust and Banking Corporation has f i l e d an agreement with the Board undertaking to comply with a l l p r o v i s i o n s which r e l a t e to the use of c r e d i t to f inance t r a n s a c t i o n s in s e c u r i t i e s .

37 4 ( c ) ( 8 ) or 4 ( c ) ( 1 2 7 n o t i f i c a t i o n processed by Reserve Bank on behalf of t h e Board of Governors under de l ega ted a u t h o r i t y .


H.2, 1981 No. 4 - 12 -

APPLICATIONS RECEIVED

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

New York

New York

Cleveland

Cleveland

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

Richmond

A t l a n t a

A t l a n t a

United Jersey Bank, Hackensack, New J e r s e y . To e s t a b l i s h an o f f s i t e e l e c t r o n i c f a c i l i t y within the corporate head-quarters of T . J . L i p t o n , I n c . , 800 Sylvan Avenue, Eng le -wood C l i f f s , New J e r s e y . 2 /

United Jersey Bank, Hackensack, New J e r s e y . To e s t a b l i s h s i x o f f s i t e e l e c t r o n i c f a c i l i t i e s at the fo l l owing l o c a -t i o n s : 90 Nassau S t r e e t , P r i n c e t o n , New J e r s e y ; Route 571, West Windsor, New Jersey ; 370 East Nassau S t r e e t , P r i n c e t o n , New J e r s e y ; Route 10, Sucassunna, New J e r s e y ; Route 26 and D e e r f i e l d P l a c e , F l a n d e r s , New J e r s e y ; C l i n t o n and Pequannock S t r e e t s , Dover, New J e r s e y . 2/

The Toledo Trust Company, To ledo , Ohio. Branch to be e s t a b -l i s h e d at S y l v a n i a Avenue and McCord Road, S y l v a n i a , Lucas County, Ohio . 2 /

The Toledo Trust Company, To ledo , Ohio. Branch to be e s t a b -l i s h e d a t 115 East Airport Highway, Swanton, Fulton County, Ohio. 2/

Girard Bank, Bala Cynwyd, Pennsy lvan ia . To e s t a b l i s h o f f -s i t e e l e c t r o n i c f a c i l i t i e s a t : The American Red Cross of S o u t h e a s t e r n Pennsy lvan ia , 23rd and Ranstead S t r e e t s , P h i l a d e l p h i a , Pennsy lvania ; and Methodist H o s p i t a l , 2301 South Broad S t r e e t , P h i l a d e l p h i a , P e n n s y l v a n i a . 2/

Union Trust Company of Maryland, Bal t imore , Maryland. Branches to be e s t a b l i s h e d at 624 Frederick Road, Catons-v i l l e , Bal t imore County, Maryland; and at the i n t e r s e c t i o n of Bay Ridge and Georgetown Roads, Anne Arundel County, Maryland. 2_/

Bank of New Orleans and Trust Company, New Or leans , L o u i s i a n a . Branch to be e s t a b l i s h e d at 365 Canal S t r e e t , New Orleans , L o u i s i a n a . 2/

Rapides Bank & Trust Company in Alexandr ia , A lexandr ia , L o u i s i a n a . To e s t a b l i s h an ATM machine to be l o c a t e d at 3229 Monroe S t r e e t , A lexandr ia , L o u i s i a n a . 2J

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


H.2, 1981 No. 4

A t l a n t a

- 1 3 -

APPLICATIONS RECEIVED-Cont inued

Sunset Commercial Bank, Miami, F l o r i d a . Branch to be e s t a b l i s h e d at 12000 Biscayne Boulevard, Dade County, F l o r i d a . 2 /

Chicago

San Franci sco

San Franci sco

The D e t r o i t Bank and Trust Company, D e t r o i t , Michigan. Branch to be e s t a b l i s h e d on the south s i d e of Eight Mile Road approximately 300 f e e t west of Haggerty Road, N o r t h v i l l e Township, Michigan. 2]

United C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a . Branch to be e s t a b l i s h e d in the v i c i n i t y of North Main S t r e e t and San Juan Grade Road, S a l i n a s , Monterey County, C a l i f o r n i a . 7 j

United C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a . To e s -t a b l i s h a manned motor banking f a c i l i t y at the n o r t h -e a s t corner of West Covina Parkway and C a l i f o r n i a Avenue, West Covina, Los A n g e l e s , C a l i f o r n i a . 2 /

* * * * *

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

Richmond F i r s t V i r g i n i a Bank of Augusta, Staunton, V i r g i n i a .

* * * * *

San F r a n c i s c o

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

Wel l s Fargo Bank, N.A. , San F r a n c i s c o , C a l i f o r n i a : pr ior n o t i f i c a t i o n of i t s i n t e n t to e s t a b l i s h i t s i n i t i a l branch i n Mi lan , I t a l y .

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


H.2, 1981 No. 4 - 1 4 -


To Organize , or Inves t i n , a Corporation Doing Fore ign Banking and Other Foreign Financing Pursuant t o S e c t i o n 25 and 25(a ) of the Federal Reserve Act

New York Banco Union C.A. , Caracas, Venezuela and Union Chelsea Nat ional Bank, New York, New York: r e q u e s t s consent t o ( 1 ) j o i n t l y e s t a b l i s h an Edge Act corporat ion in Miami, F l o r i d a , t o be named Union Chelsea I n t e r n a t i o n a l Corporat ion, Miami, F lor ida and ( 2 ) e s t a b l i s h an i n i t i a l branch in Grand Cayman, Cayman I s l a n d s .

* * * * *

Richmond

At lant a

Chicago

S t . Louis

Dal l a s

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

Riggs Nat ional Corporat ion, Washington, D . C . , f o r approval to acquire 100 percent of the v o t i n g shares of The Riggs Nat ional Bank of Washington, D.C. , Washington, D.C. 2/

Heri tage F i n a n c i a l Corporat ion , Loudon, Tennessee , for ap-proval to acquire 81 percent of the v o t i n g shares of F i r s t Her i tage Nat iona l Bank, Loudon, Tennessee . 2]

Lansing Bancs hares , I n c . , Lans ing , I l l i n o i s , f o r approval to acquire a t l e a s t 80 percent of the v o t i n g shares of Bank of Lansing, Lans ing , I l l i n o i s . 2j

ABT Bancshares Corporat ion , Hot Spr ings , Arkansas, for ap-proval t o acquire at l e a s t 80 percent of the v o t i n g shares of Arkansas Bank and Trust Company, Hot Spr ings , Arkansas. 2 /

Darrouzet t Bancshares , I n c . , Darrouze t t , Texas , f o r approval to acquire at l e a s t 80 percent of t h e v o t i n g shares of The F i r s t Nat ional Bank of Darrouzet t , Darrouze t t , Texas . 2/

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


H.2, 1981 No. 4

Boston

Chicago

Minneapoli s

Kansas Ci ty

Kansas Ci ty

Kansas Ci ty

- 1 5 -

APPLICATIONS RECEIVED-Continued

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

Chit tenden Corporat ion , Bur l ington , Vermont, f o r approval to acquire a t l e a s t 80 percent of t h e v o t i n g shares of The Mountain Trust Company, Stowe, Vermont. 2J

Nat iona l D e t r o i t Corporat ion , D e t r o i t , Michigan, for ap-proval to acquire at l e a s t 80 percent of the v o t i n g shares of the succes sor by merger to Nat iona l Ann Arbor Corporat ion and t o i n d i r e c t l y a c q u i r e 100 percent of t h e v o t i n g shares ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of Nat ional Bank and Trust Company of Ann Arbor, Ann Arbor, Michigan and Monroe County Bank, Dundee, Michigan. 2/

S t . Croix Banco, I n c . , New Richmond, Wiscons in , f o r ap-proval to acquire a t l e a s t 77 percent of t h e v o t i n g shares of Bank of Somerset , Somerset , Wisconsin. 2/

A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado and i t s whol ly owned s u b s i d i a r y , Intermountain Bankshares of Colorado, I n c . , Boulder, Colorado, for IBC to merge wi th Center Insurance Agency, I n c . , Center , Colorado and thereby acquire at l e a s t 90 percent of the v o t i n g shares of F i r s t National Bank of Center , Center , Colorado. 2 /

A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado and i t s who l ly owned s u b s i d i a r y , Intermountain Bankshares of Colorado, I n c . , Boulder, Colorado, f o r IBC to merge with D e l t a Bancorporat i o n , I n c . , D e l t a , Colorado and t h e r e -by acqu ire 9 8 . 6 percent of the v o t i n g shares of The Colordo Bank and Trust Company, D e l t a , Colorado, D e l t a , Colorado. 2 /

A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado and i t s w h o l l y owned s u b s i d i a r y , Intermountain Bankshares of Colorado, I n c . , Boulder, Colorado, f o r IBC to merge with Moffat Corporat ion , Craig , Colorado and thereby a c q u i r e 89 percent of the v o t i n g shares The Moffat County S t a t e Bank, Cra ig , Colorado. 2 /

~T] A p p l i c a t i o n subject to Community Reinvestment Act . The Community Reinvestment O f f i c e r of the a p p l i c a b l e Reserve Bank may be c o n t a c t e d as to the l e n g t h of the comment per iod .


H.2, 1981 No. 4 16


Kansas C i ty A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado and i t s w h o l l y owned s u b s i d i a r y , Intermountain Bankshares of Colorado , I n c . , Boulder, Colorado, f o r IBC to merge wi th Monument Agency, I n c . , F r u i t a , Colorado and thereby a c q u i r e 9 1 . 1 percent of the v o t i n g shares of F r u i t a S t a t e Bank, F r u i t a , Colorado, F r u i t a , Colorado. 2 /

Kansas Ci ty A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado and i t s w h o l l y owned s u b s i d i a r y , Intermountain Bankshares of Colorado , I n c . , Boulder, Colorado, f o r approval to d i r e c t l y acquire 100 percent of t h e v o t i n g shares of Montrose S t a t e Bank, Montrose, Colorado. 2/

Kansas C i ty A f f i l i a t e d Bankshares of Colorado, I n c . , Boulder, Colorado and i t s w h o l l y owned s u b s i d i a r y , Intermountain Bankshares of Co lorado , I n c . , Boulder, Colorado, for approval to d i r e c t l y a c q u i r e 84 percent of the v o t i n g shares of C h a f f e e County Bank, S a l i d a , Colorado. 2 /

Dal l a s F i r s t I n t e r n a t i o n a l Bancshares , I n c . , D a l l a s , Texas , f o r approval to acquire at l e a s t 100 percent of the v o t i n g shares of Lake Air Nat ional Bank of Waco, Waco, Texas . 2/

Dal l a s Republic of Texas Corporat ion , D a l l a s , Texas , f o r approval to acquire 100 percent ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of the v o t i n g shares of Spring Branch Bank, Houston, Texas . 2 /

* * * * *

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

Boston I n d u s t r i a l Nat iona l Corporat ion , Prov idence , Rhode I s l a n d , 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 ( t o engage in commercial f i n a n c i n g , f a c t o r i n g and l e a s -ing of personal property a c t i v i t i e s ) at 85 Westminster S t r e e t , P r o v i d e n c e , Rhode I s l a n d and ( t o engage in the l e a s i n g of personal proper ty ) at 1450 Broadway, New York, New York, through i t s i n d i r e c t s u b s i d i a r y , Ambassador Factors Corporat ion ( 1 / 1 6 / 8 1 ) 3 /

2j A p p l i c a t i o n subjec t to Community Reinvestment Act . The Community Reinvesmtent O f f i c e r of the a p p l i c a b l e Reserve Bank may be c o n t a c t e d as to the l e n g t h of the comment p e r i o d .

37 4 ( c ) ( 8 ) or 4 ( c ) ( 1 2 ) n o t i f i c a t i o n processed by Reserve Bank on beha l f of the Board of Governors under de legated a u t h o r i t y .


H.2 , 1981 No. 4 - 17 -


Boston Worcester Bancorp, I n c . , Worcester , Massachuset ts , n o t i -f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( t h e s a l e of c r e d i t l i f e insurance , c r e d i t acc ident and h e a l t h insurance and mortgage redemption insurance in connec t ion w i t h e x t e n s i o n s of c r e d i t ) at 919 Main S t r e e t , Chatham; Jones Road and Gif ford S t r e e t , Falmouth; North S t r e e t and B a s s e t t Lane, Hyannis; Main S t r e e t and Brewster Cross Road, Orleans; 170 Commercial S t r e e t , Provincetown; Route 6 , W e l l f l e e t ; Route 28, West Harwich; and 1227 Main S t r e e t , Worces ter , a l l l o c a t e d i n Mass-a c h u s e t t s , through i t s wholly-owned s u b s i d i a r y , Wornat Insurance Agency, Inc . ( 1 / 2 0 / 8 1 ) 3 /

New York C i t i c o r p , New York, New York, n o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (purchas ing for i t s own account and s e r v i c i n g s a l e s f i n a n c e c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and acc ident and h e a l t h or d e c r e a s i n g or l e v e l ( i n the case of s i n g l e payment l o a n s ) term l i f e insurance by l i c e n s e d agents or b r o k e r s , as requ ired; making or acquir ing loans and other e x t e n s i o n s of c r e d i t , secured or unsecured for consumer and other purposes; and the e x t e n s i o n of loans to dea lers for the f i n a n c i n g of inventory ( f l o o r planning) and working c a p i t a l purposes; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h i n s u r -ance may be underwrit ten by Family Guardian L i f e Insurance Company, an a f f i l i a t e of Ci teorp P e r s o n - t o - P e r s o n F i -n a n c i a l C e n t e r , I n c . ) a t 200 Gateway P l a c e , San J o s e , C a l i f o r n i a , through i t s s u b s i d i a r y , C i t i c o r p P e r s o n - t o -Person F i n a n c i a l Center , Inc . ( 1 / 1 9 / 8 1 ) 3 /

New York C i t i c o r p , New York, New York, 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 (purchas ing for i t s own account and s e r v i c i n g s a l e s f inance c o n t r a c t s ; the s a l e of c r e d i t r e l a t e d l i f e and acc ident and h e a l t h or d e c r e a s -ing or l e v e l ( i n the case of s i n g l e payment l o a n s ) term l i f e insurance by l i c e n s e d agents or b r o k e r s , as requ ired; making or acqu ir ing loans and other e x t e n s i o n s of c r e d i t , secured or unsecured, for consumer and other purposes; and the e x t e n s i o n of loans to d e a l e r s for the f i n a n c i n g of inventory ( f l o o r planning) and working c a p i t a l purposes; c r e d i t r e l a t e d l i f e , a c c i d e n t , and h e a l t h insurance may be underwri t ten by Family Guardian L i f e Insurance Company, an a f f i l i a t e d of C i t i c o r p P e r s o n - t o - P e r s o n F inanc ia l Center o f F l o r i d a , I n c . ) a t 3751 Maguire Boulevard, Orlando, F l o r i d a , through i t s s u b s i d i a r y , C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l Center of F l o r i d a ( 1 / 2 3 / 8 1 ) 3 /

3 / 4 ( c ) ( 8 ) or 4 ( c ) ( 1 2 ) n o t i f i c a t i o n processed by Reserve Bank on behal f of t h e Board of Governors under de l ega ted a u t h o r i t y .


. 2 , 1981 No. 4 - 1 8 -


New York Manufacturers Hanover Corporat ion, New York, New York, no-t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( l e a s i n g rea l and personal property on a f u l l payout b a s i s , a c t i n g as agent , broker or adviser in l e a s i n g such property , making or acquir ing f o r i t s own account or for the account of o thers loans and other e x t e n s i o n s of c r e d i t w i t h respec t to real and/or personal proper ty , and s e r v i c i n g such l e a s e s , loans and other e x t e n s i o n s of c r e d i t ) at 100 North B i scayne Boulevard, Miami, F l o r i d a , through i t s s u b s i d i a r y , Manufacturers Hanover Leasing Corporat ion ( 1 / 2 2 / 8 1 ) 1/

New York S o c i e t e Generale , P a r i s , France , for approval to engage de novo in l e a s i n g and lending a c t i v i t i e s worldwide through a de novo s u b s i d i a r y , S o g e l e a s e Corporat ion , at an o f f i c e to be l oca ted at 50 R o c k e f e l l e r P laza , New York, New York.

San BankAmerica Corporat ion , San F r a n c i s c o , C a l i f o r n i a , n o t i -F r a n c i s c o f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o

engage in the a c t i v i t y of providing management c o n s u l t -i n g advice to commercial banks) at One Powell S t r e e t , San F r a n c i s c o , C a l i f o r n i a , through i t s s u b s i d i a r y , BA Cheque Corporat ion ( 1 / 2 1 / 8 1 ) 3 /

San Secur i ty P a c i f i c Corporat ion , Los Ange le s , C a l i f o r n i a , no-F r a n c i s c o t i f i c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s ( t o

engage in f i n a n c i n g and i n d u s t r i a l loan corporat ion a c t i v i t i e s i n c l u d i n g making, a c q u i r i n g and s e r v i c i n g loans and other e x t e n s i o n s of c r e d i t ; s e l l i n g and i s s u i n g investment c e r t i f i c a t e s ; and a c t i n g as agent for the s a l e of c r e d i t r e l a t e d l i f e , c r e d i t r e l a t e d acc ident and hea l th and c r e d i t r e l a t e d property i n s u r a n c e , a l l as authorized by C a l i f o r n i a law) in Encino, C a l i f o r n i a , through i t s i n d i r e c t s u b s i d i a r y , S e c u r i t y P a c i f i c Finance Money Center , I n c . ( 1 / 1 9 / 8 1 ) 3/

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

ing or a c q u i r i n g , for i t s own account or for the account of o t h e r s , loans and e x t e n s i o n s of c r e d i t inc luding mak-ing consumer i n s t a l l m e n t personal l o a n s , purchasing con-sumer i n s t a l l m e n t personal loans , purchasing consumer i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans to small b u s i n e s s e s and other e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company or a consumer f inance company; and a c t i n g as broker or agent for the s a l e of

37 4 ( c ) ( 8 ) or 4 ( c ) ( 1 2 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1981 No. 4 - 1 9 -


c r e d i t r e l a t e d l i f e , a c c i d e n t and h e a l t h insurance and c r e d i t r e l a t e d property and c a s u a l t y insurance) from 509 South Marion, 500 Block B u i l d i n g , Lake C i t y , F lor ida to 1115 N.W. 13th S t r e e t , G a i n s v i l l e , F l o r i d a , through i t s i n d i r e c t s u b s i d i a r i e s , S e c u r i t y P a c i f i c Finance Corp. and S e c u r i t y P a c i f i c Finance Credit Corp. ( 1 / 2 0 / 8 1 ) 3 /

San Secur i ty P a c i f i c Corporat ion, Los Ange le s , C a l i f o r n i a , no-Fran c i s c o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s

(making or a c q u i r i n g , f o r i t s own account or for the ac-count of o t h e r s , loans and e x t e n s i o n s of c r e d i t i n c l u d i n g making consumer i n s t a l l m e n t personal l oans , purchasing consumer i n s t a l l m e n t s a l e s f inance c o n t r a c t s , making loans to smal l b u s i n e s s e s and other e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company or a con-sumer f i n a n c e company; and a c t i n g as broker or agent for the s a l e of c r e d i t r e l a t e d l i f e , acc ident and h e a l t h insurance ) at 371 Merrick, Road, R o c k v i l l e Center , New York; S u i t e 3-A2, 701 Westchester Avenue, White P l a i n s , New York; 111 Great Neck Road , Great Neck, New York; * and 2541 Monroe Avenue, R o c h e s t e r , New York, through i t s i n d i r e c t s u b s i d i a r i e s , S e c u r i t y P a c i f i c Finance Corp. and S e c u r i t y P a c i f i c Finance Credi t S e r v i c e s , Inc . ( 1 / 2 0 / 8 1 ) 3/

Wells Fargo & Company, San F r a n c i s c o , C a l i f o r n i a , n o t i f i -c a t i o n of i n t e n t to engage i n de novo a c t i v i t i e s (mak-ing or a c q u i r i n g , f o r i t s own account or f o r the account of o t h e r s , loans and other e x t e n s i o n s of c r e d i t ; s e r v -i c i n g loans and other e x t e n s i o n s of c r e d i t for other persons; a c t i n g as an insurance agent or broker with respec t to the f o l l o w i n g types of insurance: (1 ) c r e d i t l i f e and c r e d i t acc ident and hea l th insurance and (2 ) mortgage redemption l i f e insurance and group mortgage d i s a b i l i t y i n s u r a n c e , and performing a p p r a i s a l s of r e a l e s t a t e ) in San J o s e , C a l i f o r n i a serv ing C a l i f o r n i a , Nevada, Ar izona , Oregon, Washington, Idaho, Utah, Montana, Wyoming, Colorado, Hawaii and Ohio, through i t s s u b s i d i a r y , Wells Fargo Mortgage Company ( 1 / 2 0 / 8 1 ) 3 /

San Western Bancorporat ion , Los Ange le s , C a l i f o r n i a , not i f i c a -F r a n c i s c o t i o n of i n t e n t to engage in de novo a c t i v i t i e s (making,

acquir ing and s e r v i c i n g loans and other e x t e n s i o n s of c r e d i t secured by r e a l e s t a t e mortgages for i t s own account or f o r the account of o t h e r s ; and in ac t ing as agent or broker with respec t to c r e d i t l i f e and c r e d i t

3 / 4 ( c ) ( 8 ) or 4 ( c ) (12) n o t i f i c a t i o n processed by Reserve Bank on behalf of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .

San Franci sco

i


H.2, 1981 No. 4 - 2 0


acc ident and h e a l t h insurance and mortgage d i s a b i l i t y and mortgage redemption insurance d i r e c t l y r e l a t e d to e x t e n -s i o n s of c r e d i t or the p r o v i s i o n of o t h e r f i n a n c i a l s e r -v i c e s by Western Bancorporat ion or i t s s u b s i d i a r i e s ) in Albuquerque, New Mexico, through i t s s u b s i d i a r y , Western Bancorp Mortgage Company ( 1 / 2 3 / 8 1 ) 3 /

Proxy Statement ( S p e c i a l Meeting) F i l e d Pursuant to S e c t i o n 14(a) o f the S e c u r i t i e s Exchange Act

The Maplewood Bank and Trust Company, Maplewood, New J e r s e y .

* * * * *

REPORTS RECEIVED

* * * * *

PETITIONS FOR RULEMAKING

None.

37 4 ( C ) ( 8 ) or 4 ( c ) ( 1 2 ) n o t i f i c a t i o n processed by Reserve Bank on behalf of the Board of Governors under d e l e g a t e d a u t h o r i t y .
