h2_19831231.pdf

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BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM H.2, 1983 No. 52

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

Received During the Week Ending December 3 1 , 1983

APPLICABLE RESERVE BANK

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

Cleveland

Cleveland

Cleveland

Richmond

Atlanta

At lanta

ACTIONS OF THE BOARD

Penn Central National Bank, Huntingdon, Pennsylvania , proposal t o merge with PCNB National Bank, Huntingdon, Pennsy lvan ia , under t h e c h a r t e r of t h e l a t t e r and wi th t h e t i t l e of the former; report t o t h e Comptro l1er of the Currency on c o m p e t i t i v e f a c t o r s . ] /

G r e e n v i l l e National Bancorp, I n c . , G r e e n v i l l e , Ohio, e x t e n s i o n of t ime t o May 4 , 1984, w i th in which to acqu ire G r e e n v i l l e National Bank, G r e e n v i l 1 e , Ohio. J /

Farmers S t a t e Bancorp, Union C i t y , Ohio, e x t e n s i o n of t ime t o May 21 , 1984, w i t h i n which t o acqui re The Farmers S t a t e Bank o f Union C i t y , Union C i t y , Ohio. ]_/

Provident Bank, C i n c i n n a t i , Ohio, e x t e n s i o n of t ime to March 31 , 1984, w i t h i n which t o e s t a b l i s h branches: (1) at 633 Northland Boulevard, Forest Park, Ohio, and (2 ) at 8601 Landen D r i v e , D e e r f i e l d Township, Ohio. ]_/

Rale igh Bankshares, I n c . , Beck ley , West V i r g i n i a , e x t e n s i o n o f t ime t o February 1 , 1984, w i t h i n which to become a hank hold ing company t h r o u g h t h e a c q u i s i t i o n of Bank of R a l e i g h , B e c k l e y , West V i r g i n i a . ] /

Community Banking Corporat ion , Bradenton, F l o r i d a , e x t e n s i o n of t ime t o March 31 , 1984, w i th in which t o become a bank ho ld ing company through the a c q u i s i t i o n of Community Bank of Manatee, Bradenton, F l o r i d a . J_/

Dawson Bancshares , I n c . , Dawson, Georgia , e x t e n s i o n of t ime to March 3 , 1984, w i t h i n which to become a hank ho ld ing company through the a c q u i s i t i o n of the Bank of Dawson, Dawson, Georgia . ] /

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

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

H.2. 1Q83 No. 52 - 2

ACTIONS OF THE BOARD - Continued

At lanta

Chicago

Chicago

S t . Louis

Kansas City

? ^ i s City

City

Kansas City

F i r s t of Homestead, I n c . , Homestead, F l o r i d a , e x t e n s i o n of t ime t o April 2 6 , 1984, w i t h i n which t o become a bank hold ing company through the a c q u i s i t i o n of the F i r s t National Bank of Homestead, Homestead, F l o r i d a . 2 /

P a c e s e t t e r Bank & Trust - Southwest , N i l e s , Michigan, proposal t o merge with P a c e s e t t e r National Bank, C a s s o p o l i s , Michigan, under the char ter of Pace-s e t t e r Bank & Trust - Southwest and t i t l e of Old Kent Bank - Southwest; report to the Federal Deposit Insurance Corporation on c o m p e t i t i v e f a c t o r s . ]_/

Pock F a l l s Bancshares , I n c . , Rock F a l l s , I l l i n o i s , e x t e n s i o n of t ime to March 13, 1984, wi th in which to become a bank holding company through the a c q u i s i t i o n of 100 percent of the vo t ing shares of Rock F a l l s National Bank, Rock F a l l s , I l l i n o i s . J /

Farmers S ta te Bank and Trust Company, J a c k s o n v i l l e , I l l i n o i s , proposal to merge with FSB Interim Bank, J a c k s o n v i l l e , I l l i n o i s ; r e p o r t t o t h e Federal Deposi t Insurance Corporation on c o m p e t i t i v e f a c t o r s . 2 /

Val Cor Bancorporat ion, I n c . , Cortez , Colorado, e x t e n s i o n of t ime t o April 1 , 1984, wi th in which to acquire Val l ey National Bank of Cor tez , Cortez , Colorado. 2 /

C i t i z e n s Banco, I n c . , Westminster, Colorado, e x t e n s i o n of t ime to April 7, 1984, w i th in which to acquire C i t i z e n s Bank of Glenda le , Glendale , Colorado. 2 /

Pa th f inder Bancshares , I n c . , Fremont, Nebraska, e x t e n s i o n of t ime to April 8 , 1984, w i th in which t o acqui re Fremont National Bank & Trust Company, Fremont, Nebraska. 2 /

American Exchange Bancorp, I n c . , Norman, Oklahoma, e x t e n s i o n of time to January 2 8 , 1984, wi thin which to a c q u i r e American Exchange Rank and T rus t Company, Norman, Oklahoma. 2 /

C i t i z e n s Bank of Glendale , Glendale , Colorado, a proposed new bank, e x t e n s i o n of t i m e t o June 1 , 1984, w i t h i n which to accomplish membership in the Federal Reserve System. 1/

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


H.P, No. S?


City FirstBank of Arapahoe/Yosemite, Englewood, Colorado, a p roposed new bank, e x t e n s i o n of t ime t o Apr i l 4 , M M , w i t h i n which to accomplish membership in the Federal Reserve System. 1 /

San *ar in National Bancorp, San R a f a e l , C a l i f o r n i a , e x t e n s i o n f ramci sco of t ime to April S, 1984, w i t h i n which t o become a bank

hold ing company through t h e 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 of Marin, San k a f a e l , C a l i f o r n i a . 2 /

S e c u r i t y P a c i f i c Corporat ion, Los Ange le s , C a l i f o r n i a , f r a n c i s c o e x t e n s i o n of t ime t o December 17, 1984, w i th in which

to make a d d i t i o n a l investments in Secur i ty P a c i f i c In ternat iona l Finance I n c . , Secur i ty P a c i f i c Holdings

\ L imited , S e c u r i t y P a c i f i c Trust Limited, and S e c u r i t y P a c i f i c Finance Limited . 1/

1/ 3 p ( T i c a t i o n processed on b e h a l f of the Board of Governors under

. a .

ACTIONS OF THE KQARQ - Continued

i s s u e c Intent f.ot t o Disapprove Change of Control P ar swnt Change in Bank Control Act of 197R

%ot Disapproved n s V a H e j Panccrporat ion , Inc .* Le Sueur, Minnesota.

t . L ( ' ,^ The t a k e r s Ba^k and Trust Company, B l y t h e v i l l e ,

% Lm^< ^ b t a t e Park, Ouquoin, I l l i n o i s . 2 /

C^ty ^ r s t ^r^Lne Insurance Corporat ion , Tribune, Kansas , j_/

T i t } ka;e++ney Agency* I n c . , Wakeeney, Kansas . ]_/

* an.as City ^:"St \a f ional Agency* I n c . , Wayne, Nebraska. 1/

a h o n e s t i r branch Pursuant to ^ ^ ^ ^ederal Reserve Act

Approved ?^r (f-n^ra) ^rust Company, Roches ter , New York. To

e s t a b l i s h s;% 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 ?oHA*inq l o c a t i o n s : 525 T i t o s Avenue, Irondequoi t , New w%rk; 7255 Midge Road E a s t , Irondequoi t , New York; 5 ."t Fenf i e N l?oad, Pen f i e l d , New York; Towne & Country r i a z a , ^nut$^s 5 & 2 0 , Geneva, New York; 2383 Ridge

West, Greece, New York; 2199 East Henriet ta Road, H e n r i e t t a , New York, j y

ZUanta Trust Company Bank, A t l a n t a , Georgia. To e s t a b l i s h a branch l o c a t e d at 233 Perimeter Center Parkway, A t l a n t a , Georgia . ] /

^Mcagn F i r s t America Hank - C e n t r a l , Lansing, Michigan. To i n s t a l l an o f f premise automated t e l l e r machine at 4|% East Crand River Avenue, East Lansing, Michigan. _[/

* i c M y a n nearWirn Bank and Trust Company, Dearborn, Michigan. To e s t a b l i s h a branch o f f i c e at 13550 Ford Road, Dearborn, Michigan. 1/

T? A p p l i c a t i o n processed on beha l f of the Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 19*3 No. 5? A B -


San Franc i sco

San Franc i sco

San Franc i sco

Union Bank, Los Ange le s , C a l i f o r n i a . To e s t a b l i s h a branch o f f i c e in t h e v i c i n i t y of 705 Second S t r e e t (Second and "D" S t r e e t s ) , City of Santa Rosa, Sonoma County, C a l i f o r n i a . 2 /

Union Bank, Los Ange le s , C a l i f o r n i a , t o e s t a b l i s h a branch o f f i c e in the v i c i n i t y of 901 Tower Way ( C a l i f o r n i a Boulevard & Highway 9 9 ) , City of Bakers-f i e l d , Kern County, C a l i f o r n i a . V

Simi Val ley Bank, Simi V a l l e y , C a l i f o r n i a . To e s t a b l i s h a branch o f f i c e to be l o c a t e d at t h e southeas t corner of Cochran S t r e e t and Sycamore Drive in the Plaza West B u i l d i n g , Simi V a l l e y , Ventura County, C a l i f o r n i a . V

San Franci sco

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

Approved Pioneer Bank, F u l l e r t o n , C a l i f o r n i a . ] /

* * * * *

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 In ternat iona l Investments and Other Act ions Pursuant t o S e c t i o n 25 and 25(a)

of the Fndfral Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) and 4 ( c ) ( 1 4 ) of the Bank Holding Company Act of 1956, as amended

Approved New York The Hong Kong and Shanghai Banking Corporat ion , Hong

Kong: grants consent for a proposed investment through i t s merchant banking s u b s i d i a r y , The Equator Bank Limited , Nassau, Bahamas, in a de novo t rad ing company.

* * * * *

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


H.2, 1983 No. 5P - 6 -


To Form a Bank Holding Company Pursuant to Sec t ion 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956

Withdrawn Dal las Marble F a l l s National Bancshares, I n c . , Marble F a l l s ,

Texas to acquire 100 percent of the vot ing shares of Marble F a l l s National Bank, Marble F a l l s , Texas.

Approved New York Korea F i r s t Bank, Seoul , Korea, f or approval to acquire

at l e a s t 9 9 . 8 4 percent of the vot ing shares of Korea F i r s t Bank of New York, New York, New York, a proposed new bank.

At lanta Farmers & Merchants Bancshares , I n c . , Adel , Georgia, f o r approval t o acquire at l e a s t 8 4 . 5 percent of the vot ing shares of Farmers & Merchants Bank, Adel , Georgia . ]_/

At lanta Peoples F i r s t National Bancshares , I n c . , North Miami Beach, F l o r i d a , for approval t o acquire at 1 e a s t 95 .06 percent of the vot ing shares of Peoples F i r s t National Bank of North Miami Beach, North Miami Beach, F l o r i d a . ]_/

Chicago The Heritage Group, I n c . , Woodridge, I l l i n o i s , for approval to acquire at l e a s t 96 .05 percent of the vot ing shares of Heri tage Bank of Woodridge, Woodridge, I l l i n o i s . ]_/

Chicago Midwest Bancshares , I n c . , Park Forest South, I l l i n o i s , f o r approval to acquire at l e a s t 80 percent of the vo t ing shares of Heritage Bank of Park Forest South, Park Forest South, I l l i n o i s . 2 /

Chicago Robanco Financial Corp. , Roches ter , Indiana, for approval to acquire 100 percent of the vo t ing shares of the s u c c e s s o r by merger to The F i r s t National Bank of Roches ter , Roches ter , Indiana. J_/

Chicago Titonka Bancshares , I n c . , Ti tonka, Iowa, for approval t o acquire 80 percent of the vo t ing shares of Titonka Savings Bank, Ti tonka, Iowa. J /

S t . Louis Benton Sta te Bankshares, I n c . , Benton, Arkansas, for approval to acquire at l e a s t 8 0 . 0 percent of the shares of Benton S ta te Bank, Benton, Arkansas. 1/

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


H.2, 1983 No. 52


S t . Louis F i r s t Sharp County Bancshares , I n c . , Ash F l a t , Arkansas, for approval to acquire at l e a s t 80 percent of the vot ing shares of F i r s t National Bank of Sharp County, Ash F l a t , Arkansas. ]_/

S t . Louis Peoples Bank Corporat ion, Mountain Home, Arkansas, for approval to acquire 100 percent of the vot ing shares of Peoples Bank & Trust Company, Mountain Home, Arkansas. V

S t . Louis Spurgeon Financial Corporat ion, Spurgeon, Indiana, for approval to acquire 100 percent of the vot ing shares of The Spurgeon S t a t e Bank, Spurgeon, Indiana. V

Minneapolis D.L. Shares Limited Partnership and D.L. Bancshares, I n c . , both of D e t r o i t Lakes, Minnesota, f o r approval to acquire 100 percent of the vo t ing shaers of F i r s t National Bank of D e t r o i t Lakes, D e t r o i t Lakes, Minnesota.

Minneapolis Vermi l l ion Bancshares , I n c . , Vermi l l i on , Minnesota, for approval t o acquire at l e a s t 8 5 . 3 percent of the vot ing shares of Vermi l l ion S ta te Bank, V e r m i l l i o n , Minnesota. ]_/

Kansas City F i r s t Geary Corporat ion, Geary, Oklahoma, for approval to acquire at l e a s t 80 percent of the vot ing shares of Geary Bancshares , I n c . , Geary, Oklahoma and i n d i r e c t l y The F i r s t National Bank of Geary, Geary, Oklahoma. _]_/

Kansas City Nodaway Val ley Bancshares , I n c . , Maryvi11e, Missour i , f o r approval t o acquire 67 percent of the vot ing shares of the s u c c e s s o r by merger t o The Nodaway Val ley Bank, Maryvi l i e , Mis sour i . J_/

Kansas City Urban Bancshares , I n c . , Kansas C i t y , Missour i , for approval t o acquire at l e a s t 81 percent of the vot ing shares of Missouri Bank and Trust Company of Kansas C i t y , Kansas C i t y , Mis sour i . ] /

Da l las BancHil l s Bancorp. , I n c . , Aus t in , Texas, for approval t o acquire at l e a s t 8 0 . 7 percent of the vot ing shares of Bank of the H i l l s , Aus t in , Texas. J /

Dal las Kerens F i n a n c i a l , I n c . , Kerens, Texas, f or approval to acqu ire 100 percent of the vot ing shares of Kerens Bancshares , I n c . , Kerens , Texas and i n d i r e c t l y The F i r s t S t a t e Bank o f Kerens, Kerens, Texas. 1/

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


H.2, 1983 No. 52 - 8 -


D a l l a s New S t a t e Bancshares , I n c . , L i t t l e f i e l d , Texas, f o r app rova l t o a c q u i r e 100 p e r c e n t of t h e v o t i n g s h a r e s of S t a t e B a n c s h a r e s , I n c . , L i t t l e f i e l d , Texas and i n d i r e c t l y S e c u r i t y S t a t e Bank, L i t t l e f i e l d , Texas , 01 ton S t a t e Bank, 01 t o n , Texas and Muleshoe S t a t e Bank, Muleshoe, Texas ; and West Texas B a n c s h a r e s , I n c . , Mul e s h o e , Texas and i n d i r e c t l y Muleshoe S t a t e Bank, Muleshoe, Texas.

D a l l a s Poth Bancorporat ion , I n c . , Poth, Texas, f o r approval to acqu ire 100 percent of t h e v o t i n g shares of The F i r s t National Bank of Poth, Poth, Texas. ]_/

San BSP Bancorp, San Pedro, C a l i f o r n i a , f or approval to Franc i sco acquire 100 percent of the vo t ing shares of Bank of

San Pedro, San Pedro, C a l i f o r n i a . 1/

* * * * *

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

Approved New York Key Banks, I n c . , Albany, New York, for approval t o

acquire 100 percent of the v o t i n g shares of Depos i tors Cnrporat ion, Augusta, Maine and i n d i r e c t l y Depos i tors Trust Company, Augusta, Maine; Depos i tors Trust Company o f Eastern Maine, Bangor, Maine; Depos i tors Trust Company of Aroostook, Fort F a i r f i e l d , Maine; and Canal Bank and Trust Co . , Por t land , Maine.

At lanta The Colonia l BancGroup, I n c . , Montgomery, Alabama, f o r approval t o acqu ire 100 percent of the vot ing shares of the s u c c e s s o r by merger t o The Bank of H u n t s v i l l e , H u n t s v i l l e , Alabama, and the s u c c e s s o r by merger t o C i t i z e n s National Bank of Opp, Opp, Alabama.

Chicago Commercial Bankshares Corp. , Adrian, Michigan, for approval t o acqu ire 100 percent of the vot ing shares of The J ipson-Car ter S t a t e Bank, B l i s s f i e l d , Michigan.

City MifWthraska Bancshares , I n c . , Ord, Nebraska, f o r approval t o acquire 100 percent of the vot ing shares of Wolbach Insurance Agency, I n c . , Wolbach, Nebraska and

T7 A p p l i c a t i o n processed on beha l f of the Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No. 5? - 9 -


3 6 . 9 9 p e r c e n t of t h e v o t i n g s h a r e s of Broken Bow E n t e r -p r i s e s , I n c . , Broken Bow, Nebraska, and i n d i r e c t l y Broken Bow S t a t e Bank, Broken Bow, Nebraska and Peop le s S t a t e Bank, Wolbach, Nebraska. J_/

D a l l a s F i r s t Winters Holding Company, Winters , Texas, for approval t o acquire at l e a s t 80 percent of the v o t i n g shares of The S e c u r i t y S t a t e Bank, Wingate, Texas . ] /

B a n as Northshore Bancshares , I n c . , Houston, Texas, f o r approval t o acqu ire 76 .17 percent of the vo t ing shares o f La Marque United Bank, La Marque, Texas. 2 /

* * * * *

To Expand a Bank Holding Company Pursuant to Sec t ion of the Bank Holding Company Act of 1956

Approved New % Key Banks, I n c . , Albany, New York, for approval t o

a c q u i r e at l e a s t 50 percent of the v o t i n g shares of Homeowners Mortgage Company, Nashua, New Hampshire and 100 percent of the v o t i n g shares of F i r e s t o n e F inanc ia l Corporat ion , Newton Centre , Massachuset t s .

Richmond South Carol ina National Corporat ion , Columbia, South C a r o l i n a , for approval t o acquire t h e a s s e t s of Union Finance Corporation - Emporia, V irg in ia Branch, Emporia, V i r g i n i a . V

Chicago Titonka Bancshares , I n c . , T i tonka , Iowa, for approval to engage in general insurance a c t i v i t i e s through the a c q u i s i t i o n of 100 percent o f t h e v o t i n g shares of Boyken Insurance Agency, I n c . , T i tonka, Iowa. 1/

Kansas Ci ty

San Franc i sco

Mid-Nehraska Bancshares , I n c . , Ord, Nebraska, f o r approval t o engage in general insurance a c t i v i t i e s through Wolhach Insurance Agency, I n c . , Wolbach, Nebraska. ] /

Ra in ier Bancorporat ion , S e a t t l e , Washington, for approval to acqu ire c e r t a i n a s s e t s of North P a c i f i c Mortgage Co . , I n c . , S e a t t l e , Washington. 1 /

T? e g a i e c f a % y ^ beha l f o f the Board of Governors under


H.2, 1983 No. 52 - 1 0 -


P e r m i t t e d New York C i t i c o r p , New York, New York, r eques t s permission

to e s t a b l i s h two de novo o f f i c e s engaging in the f o l l o w i n g a c t i v i t i e s ( t h e making o r a c q u i r i n g of 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 o ther purposes; the s a l e of c r e d i t - r e l a t e d l i f e and a c c i d e n t and hea l th insurance by l i c e n s e d agents or brokers , as r e q u i r e d , the s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; the s e r v i c i n g , for any person , of loans and other e x t e n s i o n s of c r e d i t ; the making, a c q u i r i n g , and s e r v i c i n g , for i t s own account and for the account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s secured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l real e s t a t e ; and the s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d to e x t e n s i o n s of mortgage loans ) a t One Tampa City Center, 201 N. Franklin S t r e e t , Tampa, F l o r i d a , through i t s s u b s i d i a r i e s , C i t i c o r p Person- to -Person Financia l Center of F l o r i d a , Inc. and C i t i c o r p Homeowners, Inc . ( 1 2 / 3 0 / 8 3 ) 2 /

New York C i t i c o r p , New York, New York, reques t s permiss ion to e s t a b l i s h two de novo o f f i c e s engaging in the f o l l o w i n g a c t i v i t i e s ( t h e making or acquir ing of 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 o ther purposes; the s a l e of c r e d i t - r e l a t e d l i f e and a c c i d e n t and hea l th insurance by l i c e n s e d agents or brokers , as required; the s a l e of consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; the s e r v i c i n g , f o r any person , of loans and other e x t e n s i o n s of c r e d i t ; the making, a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and for the account of o t h e r s , of e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s s e c u r e d by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l r ea l e s t a t e ; and the s a l e of mortgage l i f e and mortgage d i s a b i l i t y insurance d i r e c t l y r e l a t e d to e x t e n s i o n s of mortgage l oans ) a t 41 Lake Morton D r i v e , Lake l and , F l o r i d a , through i t s s u b s i d i a r i e s , C i t i c o r p Person- to -Person Financia l Center of F l o r i d a , Inc . and C i t i c o r p Home Owners, Inc . ( 1 2 / 2 8 / 8 3 ) V

37 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Rank on behal f of the Board of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No. 52 - 11 -


At lanta Peoples Equity Shares , I n c . , C a r r o l I t o n , Georgia, 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 acquir ing loans and other e x t e n s i o n s of c r e d i t such as would be made by a mortgage company; s e r v i c i n g such loans f o r o t h e r s in accordance with the Board's Regulat ion Y) the a c t i v i t i e s would be performed in the S t a t e s of Georgia and Alabama, through i t s s u b s i d i a r y , Peoples Equity Mortgage Co. ( 1 2 / 3 0 / 8 3 ) 3 /

Chicago Bani l l Corporat ion, Normal, I l l i n o i s , n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( in l e a s i n g personal property to i n d i v i d u a l s and bus ines s through the holding company) the a c t i v i t i e s would be performed in the c i t i e s of Normal, Bloomington and surrounding McLean County ( 1 2 / 3 0 / 8 3 ) 3 /

S t . Louis F i r s t American Rancshares, I n c . , North L i t t l e Rock, Arkansas, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( in underwrit ing of c r e d i t l i f e and c r e d i t acc ident and hea l th insurance d i r e c t l y r e l a t e d to i t s e x t e n s i o n s of c r e d i t by i t s s u b s i d i a r i e s ) t h e s e a c t i v i t i e s would be performed pr imari ly in the c o u n t i e s of P u l a s k i , S a l i n e , Lonoke, and Garland Count i e s , Arkansas, and the surrounding area , through i t s s u b s i d i a r i e s , F i r s t American National Bank and F i r s t American Bank, and proposed s u b s i d i a r y , Grand National Bank, through i t s s u b s i d i a r y , F i r s t American L i f e Insurance Company ( 1 2 / 2 7 / 8 3 ) 3 /

S t . Louis Mid-South Bancorp, I n c . , Frankl in , Kentucky , 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 (as agent for the s a l e of l i f e or hea l th insurance d i r e c t l y 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 by Simpson County Bank, Frankl in , Kentucky, i t s s u b s i d i a r y ) t h e s e a c t i v i t i e s would be conducted in the trade area of the Simpson County Bank in Kentucky (Logan, Warren, Al len and Simpson Counties) and Tennessee (Robertson and Sumner Counties) t h rough i t s s u b s i d i a r y , Mid-South Credit Insurance S e r v i c e s , Inc . ( 1 2 / 2 9 / 8 3 ) 3 /

S t . Louis Northwest Arkansas Bancshares , I n c . , B e n t o n v i l l e , Arkansas, n o t i f i c a t i o n of i n t e n t to engage in de novo a c t i v i t i e s ( in acquir ing loans for i t s own account and mortgage brokering) ( 1 2 / 2 8 / 8 3 ) 3 /

3? 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Bank on behal f of the 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, 1983 No. 5? 12


Minneapol is Norwest Corporat ion , Minneapol i s , Minnesota, n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s ( in the a c t i v i t i e s of consumer f i n a n c e , s a l e s f i n a n c e and commercial f i n a n c e , the s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and hea l th and property and c r e d i t - r e l a t e d c a s u a l t y insurance 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 by t h a t company [such s a l e of c r e d i t - r e l a t e d insurance being a p e r m i s s i b l e a c t i v i t y under Subparagraph D of T i t l e VI of the Garn-St Germain Depos i tory I n s t i -t u t i o n s Act of 1982] and the o f f e r i n g for s a l e and s e l l i n g of t r a v e l e r s checks) from 5436 Stockdale Highway, Stockdale V i l l a g e Shopping Center , B a k e r s f i e l d , C a l i f o r n i a t o 3218 S t e i n Road, B a k e r s f i e l d , C a l i f o r n i a , s e r v i n g B a k e r s f i e l d , C a l i f o r n i a , through i t s s u b s i d a r y , Norwest F inancia l C a l i f o r n i a , Inc . ( 1 2 / 2 9 / 8 3 )

Da l las Gulf Southwest Bancorp, I n c . , Houston, Texas, n o t i f i c a t i o n of i n t e n t to expand de novo a c t i v i t i e s ( in providing p r o c e s s i n g and data t ransmis s ion s e r v i c e s , data bases or f a c i l i t i e s [ i n c l u d i n g data proces s ing and data t r a n s m i s s i o n hardware, s o f t w a r e , documentation and opera t ing p e r s o n n e l ! f o r the in terna l o p e r a t i o n s of Gulf Southwest Bancorp, Inc . and i t s s u b s i d i a r i e s ; prov id ing to o t h e r s data proces s ing and t ransmis s ion s e r v i c e s , f a c i l i t i e s , data bases or a c c e s s to such s e r v i c e s , f a c i l i t i e s , or data bases by any techno-l o g i c a l l y f e a s i b l e means where (a) data to be processed or furn i shed w i l l c o n s i s t s o l e l y of f i n a n c i a l , banking or economic d a t a , and the s e r v i c e s w i l l be provided pursuant to w r i t t e n agreements so d e s c r i b i n g and l i m i t i n g the s e r v i c e s ; (b) the f a c i l i t i e s are d e s i g n e d , marketed and operated f o r the proces s ing and t r a n s -mis ion of f i n a n c i a l , banking or economic data ; and (c ) any hardware o f f e r e d in connect ion with such s e r v i c e w i l l be o f f e r e d only in connjunct ion with so f tware des igned and marketed f o r the proces s ing and t r a n s -m i s s i o n of f i n a n c i a l , banking or economic d a t a , and where the general purpose hardware does not con-s t i t u t e more than 30 percent of the c o s t of any packaged o f f e r i n g ) through i t s s u b s i d i a r y , Omni-Net, Inc . ( 1 2 / 3 1 / 8 3 ) 3 /

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


H.2, 19R3 No. 52 - 13 -


D a l l a s Western Rancshares of Truth or Consequences, I n c . , Truth or Consequences, New Mexico, 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 , for i t s own account or f o r t h e account of o t h e r s , l oans and o ther 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 i s s u i n g l e t t e r s of c r e d i t and accept ing d r a f t s ) , such as would be made, f o r example, by a mortgage, f i n a n c e , c r e d i t c a r d , or f a c t o r i n g company) serv ing S ierra County, New Mexico and El Paso County, Texas ( 1 2 / 3 0 / 8 3 ) 3 /

San BankAmerica Corporat ion , San F r a n c i s c o , C a l i f o r n i a , Franc i sco n o t i f i c a t i o n of i n t e n t t o expand de novo a c t i v i t i e s

( i n the a c t i v i t i e s of making or acqu ir ing f o r t h e i r own account loans and o ther e x t e n s i o n s of c r e d i t such as would be made or acquired by a f i n a n c e company; s e r v i c i n g loans and other e x t e n s i o n s of c r e d i t ; and o f f e r i n g c r e d i t - r e l a t e d l i f e i n s u r a n c e and credi t - r e l a t e d acc ident and h e a l t h i n s u r a n c e ; c r e d i t - r e l a t e d property insurance w i l l be o f f e r e d by the Jackson and Picayune o f f i c e s of both corpora t ions in the S t a t e s of M i s s i s s i p p i and Louis iana; c r e d i t -r e l a t e d property insurance w i l l be o f f e r e d by t h e Tupelo o f f i c e of both c o r p o r a t i o n s in the S t a t e of M i s s i s s i p p i ; however, n e i t h e r corporat ion w i l l o f f e r c r e d i t - r e l a t e d property insurance in t h e S ta te of T e n n e s s e e ; t h e aforementioned c r e d i t - r e l a t e d insurance a c t i v i t i e s are p e r m i s s i b l e under S e c t i o n 4 ( c ) ( P ) ( A ) and/or (D) of the Rank Holding Company Act of 1956, as amended by the Garn-St Germain Deposi tory I n s t i t u t i o n s Act of 1982; such a c t i v i t i e s w i l l i n c l u d e , but not be l i m i t e d t o , making loans and other e x t e n s i o n s of c r e d i t t o consumers and b u s i n e s s e s , making loans secured by real and personal proper ty , purchasing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , and o f f e r i n g c r e d i t -r e l a t e d l i f e , c r e d i t - r e l a t e d a c c i d e n t and h e a l t h , and c r e d i t - r e l a t e d property insurance d i r e c t l y 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 made or acquired by both c o r p o r a t i o n s ; c r e d i t - r e ! a t e d l i f e and c r e d i t - r e l a t e d a c c i d e n t and hea l th insurance may be re insured by PA Insurance Company, I n c . , an a f f i l i a t e of both c o r p o r a t i o n s ) at 1850 S. West S t r e e t , Su i t e C, Jackson , M i s s i s s i p p i , s erv ing the S t a t e of M i s s i s s i p p i and Louis iana; 417 Highway 43 South, P icayune , M i s s i s s i p p i , s erv ing the e n t i r e S t a t e s of M i s s i s s i p p i and Lousiana and 311 West Main

2 / 4 ( c ) ( 8 ) n o t i f i c a t i o n processed by Reserve Rank on behal f of the Board of Governors under d e l e g a t e d a u t h o r i t y .


5? - 1 4 -


S t r e e t , Tupelo , M i s s i s s i p p i s e r v i n g the e n t i r e S t a t e s of M i s s i s s i p p i and T e n n e s s e e , through i t s s u b s i d i a r i e s , FinanceAmerica Corporat ion and Finance Ar e r i c a I n d u s t r i a l Plan I n c . (both M i s s i s s i p p i c o r p o r a t i o n s ) ( 1 2 / 3 1 / R 3 )

ankAmprica 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 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 ( i n thn a c t i v i t i e s of making or a c q u i r i n g for i t s own account loans and o t h e r e x t e n s i o n s of c r e d i t such as t o u l d he radf or acquired by a f i n a n c e company; s e r v i c i n g loans and o t h e r e x t e n s i o n s of c r e d i t ; and u f tAr inn r r m n n - r e l a t e d l i f e insurance and c r e d i t -r n l r l e d a c c i d e n t and h e a l t h i n s u r a n c e ; t h e a f o m e n t i oned cr^di t - r e l a t e d insurance a c t i v i t i e s are p e r m i s s i b l e under SA(t ion 4 ( c ) f - ) ( A ) o f the Bank Holding Company Act of 1^56, as pmenned by t h e Garn-St Germain Depos i tory i n s t i t u t i o n s Act of 1982 , c r e d i t - r e l a t e d property insurance w i l l not be o f f e r e d ; such a c t i v i t i e s w i l l i n c l u d e , but not be l i m i t e d t o , making loans and o ther r t t e n s i ' X ' s r f c r e d i t t o consumers and b u s i n e s s e s , r j ^ i n g ondI p r o p e r t y , purchas ing i n s t a l l m e n t s a l e s fK*an< e c o n t r a c t s , and o f f e r i n g c r e d i t - r e l a t e d l i f e arc c r e d i t - r e l a t e d a c c i d e n t and h e a l t h insurance d i r e c t l y r e l a t e d to e x t e n s i o n s of c r e d i t made or ,n,yu;rt'.i h) FinanceAmerica Corporat ion; c r e d i t - r e l a t e d n f r and i r e m t - r e l a t e d a c c i d e n t and h e a l t h insurance

br r e i n s u r e d ny BA Insurance Company, I n c . , an a f f i l i a t e of rinanceAmerica Corporat ion) at 7820 North '"r iver^ity i^rive, P e o r i a , I l l i n o i s , s e r v i n g the e n t i r e * r a t e 'if I l l i n o i s , through i t s s u b s i d i a r y , F inance-- r p r i c d Corporat ion (a Delaware c o r p o r a t i o n ) ( 1 2 / 3 1 / 8 3 ) _3/

s e c u r i t y P a c i f i c C o r p o r a t i o n , Los A n g e l e s , C a l i f o r n i a , n o t i f i c a t i o n of i n t e n t t o r e l o c a t e de novo a c t i v i t i e s

if r. i iJni; or a c q u i r i n g f o r i t s own account or for fh*- of o t h e r s , l oans and e x t e n s i o n s of c r e d i t , i n c t u n i n g r a c i n g consumer i n s t a l l m e n t personal l o a n s , p\f%hasiny 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 , r< iny loans to small b u s i n e s s e s and o t h e r e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company nr a consumer f i n a n c e company and a c t i n g as broker or g*nt f o r the s a l e of c r e d i t l i f e i n s u r a n c e , and group l i f p and d i s a b i l i t y insurance so ld in connec t ion wi th f*n l + s t d t e mortgage l o a n s , such insurance a c t i v i t i e s

N l l f a M c n p r o c e s s e d by Reserve Bank on beha l f of the < vt-rm.r s %*

H.2, 19P3 No. - 15 -


being permitted pursuant t o Sec t ion 6601(A) of T i t l e VI of t h e Garn-St Germain Act) from 112 Columbus Bou leva rd , New B r i t a i n , Connect icut t o 500 Summer S t r e e t , Stamford, C o n n e c t i c u t , s erv ing the S t a t e of Connec t i cut , through i t s s u b s i d i a r y , S e c u r i t y P a c i f i c F inance Corp . of G r a n i t e S t a t e d / h / a S e c u r i t y P a c i f i c F inance Corp . ( 1 2 / 2 6 / 8 3 ) 2 /

' Secur i ty P a c i f i c Corporat ion , Los Ange l e s , C a l i f o r n i a , i1 sco 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

( i n making or acquir ing f o r i t s own account or f o r t h e a c c o u n t 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 lud ing making consumer i n s t a l l m e n t personal l o a n s , 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 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 l i f e i n s u r a n c e , and group l i f e and d i s a b i l i t y insurance so ld in connect ion wi th real e s t a t e mortgage l o a n s , such insurance a c t i v i t i e s be ing p e r m i t t e d pursuant to Sec t ion 601(A) of T i t l e VI of the Garn-St Germain Act) in F a i r f i e l d , Connect i cut , t h e g e o g r a p h i c area served w i l l be t h e S t a t e of C o n n e c t i c u t , through i t s s u b s i d i a r i e s , Secur i ty P a c i f i c Finance Corp . of Granite S t a t e d / b / a Secur i ty P a c i f i c Finance Corp . and Secur i ty P a c i f i c Finance Corp . of Connect icut ( 1 2 / 2 6 / 8 3 ) 3 /

37 4 f f T f ^ T l m t f f i ca t ion processed by Reserve Bank on behal f of the Hoard of Governors under d e l e g a t e d a u t h o r i t y .


H.2, 1983 No. 52 - 1 6 -

APPLICATIONS RECEIVED

To E s t a b l i s h a Domestic Branch Pursuant to Sec t ion 9 of the Federal Reserve Act

At lanta Broward Bank, Lauderdale Lakes, F l o r i d a . To e s t a b l i s h a branch l o c a t e d at 300 Southeast S ixth S t r e e t , Fort Lauderdale , F l o r i d a . 2 /

* * * * *

A p p l i c a t i o n s and N o t i f i x a t i o n s for In ternat iona l Investments and Other Act ions Pursuant t o S e c t i o n s 25 and 25(a )

of the Federal Reserve Act and S e c t i o n s 4 ( c ) ( 9 ) , 4 ( c ) ( 1 3 ) and 4 ( c ) ( 1 4 ) of the Bank Holding Company Act of 1956, as amended

New York Citibank Overseas Investment Corporat ion, Wilmington, Delaware: p r i o r n o t i f i c a t i o n of i t s i n t e n t to acqu ire and h o l d , d i r e c t l y or i n d i r e c t l y , 100 percent of the shares of a de novo company, New Leasing V e h i c l e , T a i p e i , Taiwan.

New York C i t i c o r p , New York, New York: pr ior n o t i f i c a t i o n of i t s i n t e n t t o cont inue t o hold 100 percent of the shares of C i t i c o r p In ternat iona l Group, I n c . , Wilmington, Delaware, a f t e r CIG, d i r e c t l y or i n d i r e c t l y , acqu ires e q u i t y i n t e r e s t s in severa l companies c u r r e n t l y owned by the Vickers da Costa o r g a n i z a t i o n , which i s head-quartered in London, England.

* * * * *

To Form a Bank Holding Company Pursuant t o Sec t ion 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956

P h i l a d e l p h i a Southern Jersey Bancorp, Br idgeton , New J e r s e y , for approval t o acquire at l e a s t 80 percent of the v o t i n g shares of The Farmers and Merchants National Bank of Br idgeton , Br idgeton , New J e r s e y . 2 /

At lanta Broward Bancorp, Lauderdale Lakes, F l o r i d a , for approval t o acquire 100 percent of the vo t ing shares of Broward Bank, Lauderdale Lakes, F l o r i d a . 2/

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


H.2, 1983 No. 52 - 1 7 -

APPLICATIONS RECEIVED - Continued

A t l a n t a F. A. Rankshares, I n c . , Monroe, Georgia , f o r approval to acquire 100 percent of t h e vo t ing shares of F i r s t American Bank of Walton, Monroe, Georgia . 2/

At lanta F i r s t Farmers Bancshares , I n c . , Port land , Tennessee , for approval to acqu ire at l e a s t 80 percent of the vo t ing shares of The Farmers Bank, Por t land , Tennessee . 27

S t . Louis Elkton Bancorp, I n c . , E lkton, Kentucky, f o r approval to acquire 100 percent of the vot ing shares of common stock of Elkton Bank & Trust Company, Elkton, Kentucky. 2 /

S t . Louis F i r s t Breck inr idge Bancshares , I n c . , I r v i n g t o n , Kentucky, for approval t o acquire at l e a s t 80 percent of the v o t i n g shares of F i r s t S t a t e Bank, I r v i n g t o n , Kentucky. 2/

S t . Louis Kentucky S t a t e Bancorp, I n c . , S c o t t s v i l 1 e , Kentucky, for approval to acquire at l e a s t 80 percent of the vot ing shares of Kentucky S t a t e Bank of S c o t t s v i 1 1 e , S c o t t s -v i l l e , Kentucky. 2/

Da l las River Oaks Bancshares , I n c . , Houston, Texas, f or approval t o acquire at l e a s t 80 percent of the vo t ing shares of River Oaks Bank & Trust Company, Houston, Texas . 2/

Da l la s Spring Woods Bancshares , I n c . , Houston, Texas, for approval to acquire at l e a s t 80 percent of the vot ing shares of Spring Woods Bank, Houston, Texas. 2/

San P a c i f i c Capital Bancorp, Monterey, C a l i f o r n i a , for approval Franc i sco to acquire 100 percent of the v o t i n g shares of F i r s t

National Bank of Monterey County, Monterey, C a l i f o r n i a , a proposed new bank. ]_/

* * * * *

To Expand a Bank Holding Company Pursuant t o Sec t ion 3 ( a ) ( 3 ) of the Bank Holding Company Act of 1956

Cleveland F i r s t Commonwealth F inanc ia l Corporat ion , Indiana, Pennnsy lvania , for approval t o acquire 100 percent of the v o t i n g shares of Deposit Bank, Du B o i s , Pennsy lvan ia . 2]

2J A p p l i c a t i o n s u b j e c t to Community Reinvestment Act . The Community A f f a i r s O f f i c e r of the a p p l i c a b l e Reserve Bank may be contacted as t o the l eng th of the comment p e r i o d .


H . 2 , 1983 No. 52 - 18 -

APPLICATIONS RECEIVED

Kansas City Lexington Bancshares , I n c . , Lexington, Nebraska, f o r app rova l t o a c q u i r e a t l e a s t 4 9 . 9 6 p e r c e n t of t h e v o t i n g s h a r e s of Seven V Banco, I n c . , Ca l l away , Nebraska, and i n d i r e c t l y Seven V a l l e y s S t a t e Bank, Cal laway, Nebraska. 2 /

D a l l a s Camino Peal Bancshares , I n c . , Carrizo Spr ings , Texas, f o r approval to acquire at l e a s t AO percent of the v o t i n g shares of Front i er S ta te Bank, Eagle Pass , Texas. 2 /

D a l l a s F i r s t of Aust in Bancshares , I n c . , Aus t in , Texas, f o r approval t o acquire 100 percent of t h e vo t ing shares of F i r s t National Bank, A u s t i n , Texas, a proposed new bank.

Da l la s Northside Financia l Corporat ion , San Antonio , Texas, f o r approval t o acquire 100 percent of the vot ing shares of Northwest Bank, N.A. , San Antonio , Texas, a proposed new bank. 2 /

* * * * *

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

New York C i t i c o r p , New York, New York, r e q u e s t s permiss ion to expand the s e r v i c e area of an o f f i c e engaging in the f o l l o w i n g a c t i v i t i e s ( t h e making or acquir ing of loans and other e x t e n s i o n s of c r e d i t , secured or unsecured, f or consumer and o ther purposes; the purchasing and s e r v i c i n g f o r i t s own account of s a l e s f i m n t r a c t s ; the s a l e of cred i t - r e l ated l i f e ana acc ident and hea l th insurance by l i c e n s e d agents ( r brokers , as required; the e x t e n s i o n of loans to 4 e a ! e r s rnr the f i n a n c i n g of inventory [ f l o o r p ianningl

wcrki 'q c a p i t a l purposes; the making of loans to i n d i v i d u a l s and b u s i n e s s e s secured by l i e n on mobile homes, modular u n i t s or r e l a t e d manufactured hous ing , f 'xtht'r thp real property t o which such housing

% or w i l l he permanently a f f i x e d , such property being us*-;! as s e c u r i t y fur t h e l oans ; and the s e r v i c i n g , for any person , of loans and other e x t e n s i o n s of c r e d i t ) r:t Clayton Road West, Ba l lw in , Mis sour i , through l i s s u b s i d i a r y , C i t i c o r p Acceptance Company, Inc. (Delaware) ( 1 2 / 2 9 / 8 3 )

i y f inn \ W ) j e d to Community Reinvestment Act . The Community n t f i r , , r nf a p p l i c a b l e Reserve Bank may be contacted

a< tN- ! ^ comment p e r i o d .


H . 2 , No. Sp - 1 9 -

APPLKATIONS RECEIVED - Continued

vnr< C i t i c o r p * New York, New York* r e q u e s t s p e r m i s s i o n t o r e l o c a t e o f f i c e s engag ing in t h e f o l l o w i n g a c t i v i t i e s ( t h e making o r a c q u i r i n g o f l o a n s and o t h e r e x t e n s i o n s o f c r e d i t , s ecured or u n s e c u r e d , f o r consumer and o t h e r p u r p o s e s ; and the s a l e o f c r e d i t - r e l a t e d l i f e and a c c i d e n t and h e a l t h i n s u r a n c e by l i c e n s e d agent s or brokers* as r e q u i r e d ) ; in a d d i t i o n , C i t i c o r p Person-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 . and C i t i c o r p Person-t o Person F i n a n c i a l Center o f F l o r i d a , I n c . w i l l c o n t i n u e t o engage in t h e f o l l o w i n g a c t i v i t i e s ( t h e e x t e n s i o n of loans t o d e a l e r s f o r t h e f i n a n c i n g of i n v e n t o r y [ f l o o r p l a n n i n g ] and working c a p i t a l p u r p o s e s ) ; C i t i c o r p Person-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 , I n c . and C i t i c o r p Homeowners, Inc . w i l l a l s o c o n t i n u e t o engage in the f o l l o w i n g a c t i v i t i e s ( t h e s a l e o f consumer o r i e n t e d f i n a n c i a l management c o u r s e s ; t h e s e r v i c i n g , f or any p e r s o n , o f l o a n s and o t h e r e x t e n s i o n s o f c r e d i t ; t h e r a k i n g , a c q u i r i n g , and s e r v i c i n g , f o r i t s own account and f o r t h e account of o t h e r s , o f e x t e n s i o n s of c r e d i t t o i n d i v i d u a l s s ecured by l i e n s on r e s i d e n t i a l or n o n - r e s i d e n t i a l rea l e s t a t e ; and the s a l e of mortgage l i f e and mortgage d i s a b i l i t y i n s u r a n c e d i r e c t l y r e l a t e d t o e x t e n s i o n s o f mortgage l o a n s ) ; 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 of F l o r i d a , Inc . w i l l c o n t i n u e to engage in t h e f o l l o w i n g a d d i t i o n a l a c t i v i t y ( t h e p u r c h a s i n g and s e r v i c i n g f o r i t s own account of s a l e s f i n a n c e c o n t r a c t s ) from 124 East Co lon ia l D r i v e , Orlando, F l o r i d a t o 237 South Westmonte, Altamonte S p r i n g s , F l o r i d a , through i t s s u b s i d i a r i e s , C i t i c o r p P e r s o n - t o - P e r s o n F i n a n c i a l C e n t e r , I n c . ; 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 , Inc . and C i t i c o r p Homeowners, I n c . ( 1 2 / 2 9 / 8 3 )

(nmpacme H n a n c i e r e De Par ihas and Banque P a r i b a s , both nf P a r i s , France , r e q u e s t p e r m i s s i o n t o e s t a b l i s h a Me novo o f f i c e engag ing in t h e f o l 1 o w i n g a c t i v i t i e s H

- 2 0 -

4 ^ 1 PECEIVfD . Cont inued

Key #an&^ ! * c . , Albany , New York, r e q u e s t s p e r m i s s i o n t o fnparu* (me s e r v i c e area engag ing in t h e f o l l o w i n g a c t i v i t i e s f r e i n s t i r a n c e of c r e d i t - r e l a t e d l i f e and a c c i d e n t ard h e a l t h i n s u r a n c e ) a t 6 0 S t a t e S t r e e t , Albany , \e% Vrrk. through i t s s u b s i d i a r y , Key

Insurance Limited ( 1 2 / 2 9 / 8 3 )

C o r p o r a t i o n , Colunhus , Ohio , n o t i f i c a t i o n of i n t e n t t o enyaqe in de novo a c t i v i t i e s (making, a c q u i r i n g or s e r v i c i n g f o r i t s own account or f o r fh*' account nf o t h e r s , a l l t y p e s o f r e s i d e n t i a l and r f m r e m a l mortgage loan< and o t h e r e x t e n s i o n s of c ^ J i f I i n c l u d i n g i s s u i n g l e t t e r s of c r e d i t and a f e p t i n g d r a f f s i and o t h e r such a c t i v i t i e s as a r e i n c i d e n t a l t h e r e t o ) a t MP West Main S t r e e t , l a m a s t e r , O h m , through i t s s u b s i d i a r y , BancOhio Mortgage Company ( 1 2 / 2 8 / 8 3 )

Mellon Nat iona l C o r p o r a t i o n , P i t t s b u r g h , P e n n s y l v a n i a , n o t i f i c a t i o n of i n t e n t t o expand t h e scope of de novo a c t i v i t i e s ( t h e s o l i c i t a t i o n of l oan b u s i n e s s on b e h a l f o f A p p l i c a n t ' s banking and nonbanking sub-s i d i a r i e s ) a t 551 Madison Avenue, New York, New York, s e r v i n g t h e S t a t e o f New York through i t s s u b s i d i a r y , * e l l c n F i n a n c i a l S e r v i c e s Corporat ion #2 ( 1 2 / 2 7 / 8 3 )

Mel lon Nat iona l C o r p o r a t i o n , P i t t s b u r g h , P e n n s y l v a n i a , 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 fcommercial l e n d i n g i n c l u d i n g a c c o u n t s r e c e i v a b l e and i r v e n t o r y f i n a n c i n g , and p e r m i s s i b l e personal proper ty T e a s i n g , i n c l u d i n g a c t i n g a s a g e n t , b r o k e r , or a d v i s e r in l e a s i n g such p r o p e r t y ) a t Mark Twain B u i l d i n g , * H r 4 H o c r , IMOI Holmes Road, Kansas C i t y , M i s s o u r i , through i t s s u b s i d i a r y , Mellon F i n a n c i a l S e r v i c e s Corporat ion ( 1 2 / 2 7 / 8 3 )

KfNR C o r ^ o r a f i o r , 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 r f i r t e n t t o engage in de novo a c t i v i t i e s (making d i r e c t l o a n s lor consumer and o t h e r p u r p o s e s , pur-f h d s i n q r e t a i l i n s t a l l m e n t n o t e s and c o n t r a c t s , f i l i n g at r e t a i l money o r d e r s hav ing a f a c e va lue , * rnt r c r e than 5 1 , 0 0 0 and a c t i n g as agent f o r t h e s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and h e a l t h ,md p h y s i c a l damage i n s u r a n c e d i r e c t l y r e l a t e d t o

f * f (nsmns nf c r e d i t , through i t s s u b s i d i a r y , TranSouth f i n a n c i a l C o r p o r a t i o n ; and making d i r e c t

f n r consumer and o t h e r purposes under t h e u'-ury s t a t u t e s , purchas ing r e t a i l i n s t a l l m e n t

, making d i r e c t l o a n s t o d e a l e r s


H . f , 52 - 21 -

I RFCEIVED - Continued

f o r f i n a n c i n g of inventory [ f l o o r p l a n n i n g ] and worvinq c a p i t a l purposes and a c t i n g as agent for + br s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and

phys i ca l damage insurance d i r e c t l y i t s e x t e n s i o n s of c r e d i t , through i t s

;.ir

H.2, 1983 No. 52 - 22 -


D a l l a s River Oaks Bancshares , I n c . , Houston, Texas, f o r approva l t o engage de novo in t r u s t a c t i v i t i e s th rough i t s s u b s i d i a r i e s R ive r Oaks T r u s t Company, Houston, Texas, and River Oaks Trust Corporat ion, Houston, Texas.

D a l l a s Unicorp Bancshares , I n c . , Houston, Texas, 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 ( i n data proces s ing a c t i v i t i e s , i n c l u d i n g the p r o v i s i o n of data proces s ing s e r v i c e s , data t ransmis s ion s e r v i c e s , data bases and f a c i l i t i e s f o r t h e in t erna l o p e r a t i o n of Unicorp B a n c s h a r e s , I n c . , and i t s s u b s i d i a r i e s and the p r o v i s i o n of data proces s ing and data t r a n s m i s s i o n s e r v i c e s f o r f i n a n c i a l , banking o r economic data to o t h e r f i n a n c i a l and n o n f i n a n c i a l i n s t i t u t i o n s ) t h e s e a c t i v i t i e s would be conduc ted in t h e S t a t e of Texas , through i t s s u b s i d i a r y , Unicorp S e r v i c e s , Inc . ( 1 2 / 2 7 / 8 3 )

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

(making or acqu ir ing for i t s own account of loans and o t h e r e x t e n s i o n s of c r e d i t such as would be made o r a c q u i r e d by a f i n a n c e company; s e r v i c i n g loans and other e x t e n s i o n s of c r e d i t ; and o f f e r i n g c r e d i t - r e l a t e d l i f e insurance and c r e d i t - r e l a t e d a c c i d e n t and hea l th insurance; the aforementioned types of c r e d i t - r e l a t e d insurance are p e r m i s s i b l e under S e c t i o n 4 ( c ) ( 8 ) ( A ) of t h e Bank Holding Company Act of 1956, a s amended by t h e Garn-St Germain Depos i tory I n s t i t u t i o n s Act of 1982; such a c t i v i t i e s w i l l i n c l u d e , but not be 1imited t o , purchasing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans and o ther e x t e n s i o n s of c r e d i t t o consumers and b u s i n e s s e s , making loans secured by real and personal property and o f f e r i n g c r e d i t - r e l a t e d l i f e insurance and c r e d i t - r e l a t e d a c c i d e n t and hea l th insurance d i r e c t l y 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 made or acquired by the above c o r p o r a t i o n ; c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d a c c i d e n t and hea l th insurance may be re insured by BA Insurance Company, I n c . , an a f f i l i a t e of FinanceAmerica Corporat ion) in South Bend, Indiana, s erv ing the e n t i r e S t a t e s of Indiana and Michigan, through i t s s u b s i d i a r y , FinanceAmerica Corporation (an Indiana c o r p o r a t i o n ) ( 1 2 / 2 8 / 8 3 )


# H.2, 1983 No. 52 - 23 -


San BankAmerica C o r p o r a t i o n , San F r a n c i s c o , C a l i f o r n i a , Francisco n o t i f i c a t i o n of i n t e n t t o expand de novo a c t i v i t i e s

(making o r a c q u i r i n g f o r i t s own account of l o a n s and o t h e r e x t e n s i o n s of c r e d i t such as would be made or acquired by a f i n a n c e company; s e r v i c i n g loans and o ther e x t e n s i o n s of c r e d i t ; and o f f e r i n g c r e d i t -r e l a t e d l i f e insurance and c r e d i t - r e l a t e d a c c i d e n t and h e a l t h insurance; c r e d i t - r e l a t e d property insurance w i l l be o f f e r e d only in Pennsy lvan ia , t h e aforementioned types of c r e d i t - r e l a t e d insurance are p e r m i s s i b l e under Sec t ion 4 ( c ) ( 8 ) ( D ) of the Bank Holding Company Act of 1956, as amended by the Garn-St Germain Depository I n s t i t u t i o n s Act of 1982 and S e c t i o n 2 of the Pennsylvania Act of the General Assembly 1974 (P. L. 1148, No. 365 (40 P. S. 281) ) with re spec t t o c r e d i t - r e l a t e d property insurance; such a c t i v i t i e s w i l l i n c l u d e , but not be l imi ted t o , making consumer i n s t a l l m e n t l o a n s , pur-chas ing i n s t a l l m e n t s a l e s f i n a n c e c o n t r a c t s , making loans and other e x t e n s i o n s of c r e d i t t o consumers and b u s i n e s s e s , making loans and o ther e x t e n s i o n s of c r e d i t secured by real and personal proper ty , and o f f e r i n g c r e d i t - r e l a t e d l i f e , c r e d i t - r e l a t e d acc ident and hea l th and c r e d i t - r e l a t e d property insurance d i r e c t l y r e l a t e d t o e x t e n s i o n s of c r e d i t made or acquired by FinanceAmerica Consumer Discount Company; c r e d i t - r e l a t e d l i f e and c r e d i t - r e l a t e d acc ident and hea l th insurance may be re insured in the S t a t e s of Pennsy lvan ia , New Jersey and Delaware by BA Insurance Company, I n c . , an a f f i l i a t e of FinanceAmerica Consumer

a c t i v i t i e s w i l l be conducted from seven * > i sr ing Pennsylvania o f f i c e s ; the Bensalem, S p r i n g f i e l d and two P h i l a d e l p h i a o f f i c e s w i l l each serve the e n t i r e S t a t e s of Pennsylvania and New J e r s e y ; The Erie o f f i c e w i l l s erve the add i t iona l S t a t e of New York; the West Chester o f f i c e w i l l s erve the e n t i r e S t a t e s of Pennsylvania and Delaware and the WiIkes-Barre o f f i c e w i l l s e r v e the e n t i r e S ta te of Pennsy lvan ia , through i t s s u b s i d i a r y , FinanceAmerica Consumer Discount Company (a Pennsylvania corpora t ion ) ( 1 2 / 2 3 / 8 3 )

Sfir 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 , !r

- 2 4 -

RECEIVED Continued

REPORTS RECEIVED

* # 4 * *

^K^:TION< FOR RULEMAKING
