h2_19740209.pdf

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

Applications and Reports Received or Acted on

H.2

1974 No. 6 During the Week Ending February 9, 1974

To Become a Member of the Federal Reserve System

Pursuant to Section 9 of the Federal Reserve Act

Received 5 The Bank of Eden, Eden, North Carolina

Approved

2 ^Barclays Bank of New York, New York, New York

* * * * *

To Withdraw from Membership in the Federal Reserve System Without a Six-Month Notice as Prescribed by Section 9 of the Federal Reserve Act

Received Central West End Bank, St. Louis, Missouri

* * * * *

To Establish a Domestic Branch Pursuant to

Section 9 of the Federal Reserve Act

Received

4 The Provident Bank, Cincinnati, Ohio. Branch to be established at 6100 Wooster Pike, Village of Fairfax,

Hamilton County.

*Application processed by the Reserve Bank on behalf of the Board of Governors under delegated authority.

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

H.2 1974 No. 6 - 2 -

Received Cont'd 12 United California Bank, Los Angeles, California. Branch

to be established in the vicinity of Stevens Creek Boulevard and Saich Way, City of Cupertino, Santa Clara County.

12 Bank of Utah, Ogden, Utah. Branch to be established at 6 North State Street, Salt Lake City.

Approved 2 ^Bankers Trust Company, New York, New York. Branch to be

established at 1885 Rockaway Parkway, Seaview Shoppers Mart, Brooklyn.

2 *First Trust and Deposit Company, Syracuse, New York. Branches to be established at the following locations:

A, To be established at 618-632 Charlotte Street, Utica, Oneida County.

B. To be established at 29-35 Devereux Street, Utica, Oneida County.

2 *Valley Bank of New York, Valley Stream, New York. Branch to be established in the vicinity of the intersection of Middle Country Road and Yaphank Road, Middle Island, (Unincorporated Area), Town of Brookhaven, Suffolk County.

2 ^Manufacturers Hanover Trust Company, New York, New York. Branch to be established at 2175 Hylan Boulevard, Richmond County.

2 ^Manufacturers Hanover Trust Company/Genesee Region, Ontario, New York. Branch to be established in the immediate neighborhood of Monroe Avenue, North of French Road, Town of Pittsford, Monroe County.

*Application processed by the Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2 1974 No. 6 - 3

Approved Cont'd ^Manufacturers Hanover Trust Company-Mid Hudson,

Monroe3 New York. Branch to be established in the immediate neighborhood of Mill and New Market Streets, City of Poughkeepsie, Dutchess County.

Bank of Virginia-Central, Richmond, Virginia. Branch to be established at the intersection of Huguenot Road and Buford Road, Chesterfield County.

The Sumiton Bank, Sumiton, Alabama. Branch to be established at 1811 Second Avenue, Jasper.

12 -Farmers and Merchants Bank of Central California, Lodi, California. Branch to be established in the vicinity of March Lane and Pacific Avenue, Stockton.

Vv *

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

Received 7 Union Bank and Trust Company, Ottumwa, Town for prior

approval to merge with The First National Bank of Eldon, Eldon, Iowa.

Approved 2 ^Valley Bank of New York, Valley Stream, New York for prior

approval to merge with United National Bank of Long Island, Forest Hills, New York.

-k -k i< it *

''Application processed by the Reserve Bank on behalf of the Board of Governors under delegated authority.


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

Received Transjersey Bancorp., Bloomfield, Mew Jersey, for

prior approval to acquire 100 per cent of the voting shares of The Bank of Bloomfield, Bloomfield, New Jersey.

First Illinois Bancshares Corporation, Alton, Illinois, for prior approval to acquire 44,000 shares of the voting shares of the successor by merger to First National Bank & Trust Company in Alton, Alton, Illinois.

First Financial Services, Inc., Falls City, Nebraska, for prior approval to acquire 3,950 shares of the voting shares of The First National Bank of Falls City, Falls City, Nebraska.

First Hawaiian, Inc., Honolulu, Hawaii, for prior approval to acquire 100 per cent of the voting shares (less directors1 qualifying shares) of First Hawaiian Bank, Honolulu, Hawaii.

Approved Northern Illinois Bancorp, Inc., Joliet, Illinois, for

prior approval to acquire 100 per cent of the voting shares (less directors' qualifying shares) of the successor by merger to Louis Joliet Bank, Joliet, Illinois.

* * * * *

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

Received First Financial Group of New Hampshire, Inc.,

Manchester, New Hampshire, for prior approval to acquire at least 80 per cent of the voting shares of Nashua Trust Company, Nashua, New Hampshire.

First Alabama Bancshares, Inc., Birmingham, Alabama, for prior approval to acquire 80 per cent or more of the voting shares of the successor by merger to American Bank & Trust Company, Hartselle, Alabama,


Received Continued First Amtenn Corporation, Nashville, Tennessee, for

prior approval to acquire 100 per cent (less directorsT qualifying shares) of the voting shares of the successor by merger to The Cleveland National Bank, Cleveland, Tennessee.

Aplington Insurance, Inc., Aplington, Iowa, for prior approval to acquire 4 per cent of the voting shares of State Savings Bank, Aplington, Iowa.

Northern Michigan Corporation, Escanaba, Michigan, for prior approval to acquire 100 per cent (less directors1 qualifying shares) of the voting shares of Northern Michigan Bank of Marquette, Marquette, Michigan, a proposed new bank.

Texas Commerce Bancshares, Inc., Houston, Texas, for prior approval to acquire 100 per cent (less directors1 qualifying shares) of the voting shares of Arlington Bank and Trust, Arlington, Texas.

Texas Commerce Bancshares, Inc., Houston, Texas, for prior approval to acquire 100 per cent of the voting shares (less directors1 qualifying shares) of First National Bank of Hurst, Hurst, Texas.

Texas Commerce Bancshares, Inc., Houston, Texas, for prior approval to acquire 100 per cent (less directorsf qualifying shares) of the voting shares of Union Bank of Fort Worth, Fort Worth, Texas.

Approved Barnett Banks of Florida, Inc., Jacksonville, Florida,

for prior approval to acquire 90 per cent or more of the voting shares of First Peoples Bank, Fort Walton Beach, Florida.

First International Bancshares, Inc., Dallas, Texas, for prior approval to acquire 100 per cent of the voting shares (less directors1 qualifying shares) of Exchange Bank, Houston, Texas, a proposed new bank.

Reactivated On H.2 No. 47, the Board suspended processing at

Applicantf s request of an application from Wyoming Bancorporation, Cheyenne, Wyoming, for prior approval to acquire 95 per cent of the voting shares of Bank of Wyoming, N.A., Sheridan, Wyoming, a proposed new bank. At Applicantfs request, this application has been reactivated.


H.2 1974 No. 6 - 6 "

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

Received 1 **First National Boston Corporation, Boston, Mass- 2- 7-74

achusetts, notification of intent to engage in de novo activities (making, acquiring, or servicing, for its own account or for the account of others, loans and other extensions of credit, particularly (a) installment contracts relating to (i) the purchase of real or personal property, including without limitation, mobile homes, vacation homes, land, automobiles, trucks, recreational vehicles, and equipment, or (ii) the provision of services, and (b) term loans to businesses) at 100 Federal Street, Boston, Massachusetts, through a subsidiary, FNBC Acceptance Corporation.

2 - 4 - 7 4

1 State Street Boston Financial Corporation, Boston, Massachusetts, for prior approval to engage de novo in a joint venture (with Data-Syst-Tance, Inc., Kansas City, Missouri) to be known as Boston Financial Data Services, Inc., Boston, Massachusetts.

3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 1-11-74 sylvania, notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans and possibly other loans secured by mortgages on properties in Rhode Island where the loans are owned by direct or in-direct subsidiaries of Fidelity; and with respect to all such loans, selling credit life including joint coverage, credit health and accident, mortgage life

1 **Industrial National Corporation, Providence, Rhode Island, notification of intent to engage in de novo activities (consumer finance; insurance underwriting of credit life insurance and credit accident and health insurance, and insurance agency or brokerage in connection with selling to consumer finance borrowers credit life insurance, credit accident and health insurance, and property damage insurance for collateral securing loans made to borrowers) at Pisgah Building, 114 Church Street, Waynesville, North Carolina, through a subsidiary, Southern Discount Company.

**4(c)(8) and 4(c) (12) notifications processed by Reserve Bank on behalf

of the Board of Governors under delegated authority.


E.2 1974 No. 6 - 7 -

Received Continued and disability, dismemberment and accidental death, and casualty insurance on the collateral; and re-insuring consumer type credit life, health and accident insurance sold) at 399 Westminister Street, Providence, Rhode Island; 883 Dexter Street, Central Falls, Rhode Island; 504 West Main Road, Middletown, Rhode Island; 7057 Post Road, North Kingstown, Rhode Island; 576 Newport Avenue, Pawtucket, Rhode Island; 666 Main Street, Wakefield, Rhode Island; Strawberry Field Road, Wildes Corner, Warwick, Rhode Island; 1161 E Granite Street, Westerly, Rhode Island; 1207 Main Street, Arctic, West Warwick, Rhode Island; and 1518 Diamont Hill Road, Walnut Hill Plaza, Woonsocket, Rhode Island; through its proposed indirect subsidiary, Local Mortgage Company of Rhode Island.

3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 1-14-74 sylvania, notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans and possibly other loans secured by mortgages on properties in Massachusetts where the loans are owned by direct or indirect subsidiaries of Fidelity; and with respect to all such loans, selling credit life, credit health and accident, mortgage life and disability, accidental death and dismemberment, and casualty insurance on the collateral and through Master Life Insurance Company, an indirect subsidiary of Fidelity, re-insuring consumer type credit life, health and ac-cident insurance sold) at 95 Main Street, Brockton Mass-achusetts; 62 Main Street, Easthampton, Massachusetts; 17 North Main Street, Fall River, Massachusetts; 32 Union Avenue, Framington, Massachusetts; 29 North Street, Hyannis, Massachusetts; 179 Main Street, Milford, Massachusetts; 159 Main Street, Northampton, Massachusetts; 70 Main Street, Peabody, Massachusetts; 1388 Hancock Street, Quincy, Massachusetts; 257 Union Street, Rockland, Massachusetts; 933 County Street, Somerset, Massachusetts; 54 Porter Street, Stoughton, Massachusetts; 3 Main Street, Taunton, Massachusetts; and 343 Main Street, Woburn, Massachusetts; through its proposed subsidiary, Local Mortgage Company of Massachusetts, Inc.

**4 (c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2 1974 No. 6 - 8 -

Received Continued 3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 1-17-74

sylvania, notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans and possibly other loans secured by mortgages on properties in Mass-achusetts where the loans are owned by direct or indirect subsidiaries of Fidelity; and with respect to all such loans, selling credit life, credit health and accident, mortgage life and disability, accidental death and dismemberment and casualty insurance on the collateral and through Master Life Insurance Company an indirect subsidiary of Fidelity, reinsuring consumer type credit life, health and accident insurance sold) at 29 North Street, Hyannis, Massachusetts, through its proposed subsidiary, Local Mortgage Company of Massachusetts, Inc.

3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 1-21-74 sylvania» notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans secured by mortgages on properties in Massachusetts where the loans are owned by direct or indirect subsidiaries of Fidelity; and with respect to all such loans, selling credit life, credit health and accident, mortgage life and disability, accidental death and dismemberment, and casualty insurance on the collateral and through Master Life Insurance Company, an indirect subsidiary of Fidelity, reinsuring consumer type credit life, health and accident insurance sold) at 17 North Main Street, Fall River, Massachusetts; 3 Main Street, Taunton, Massachusetts; and 933 County Street, Somerset, Massachusetts, through its proposed subsidiary, Local Mortgage Company of Massachusetts, Inc.

3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 1-24-74 sylvania, notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans and possibly other loans secured by mortgages on properties in Mass-achusetts where the loans are owned by direct or indirect subsidiaries of Fidelity; and with respect

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf



H.2 1974 No. 6 - 9 -

Received Continued to all such loans, selling credit life, credit lies1th and accident, mortgage life and disability, accidental death and dismemberment, and casualty insurance on the collateral and through Master Life Insurance Company, an indirect subsidiary of Fidelity, re-insuring consumer type credit life, health and accident insurance sold) at 179 Main Street, Milford, Massachusetts, through its proposed subsidiary, Local Mortgage Company of Massachusetts, Inc.

**Union Commerce Corporation, Cleveland, Ohio, notifica- 2- 5-74 tion of intent to engage in de novo activities (leasing personal property and equipment, or acting as agent, broker, or adviser in leasing of such property, where at the inception of the initial lease the expectation is that the effect of the transaction and reasonably anticipated future transactions with the same lessee as to the same property will be to compensate the lessor for not less than the lessorf s full investment in the property; making or acquiring, for its own account or the account of others, loans and other extensions of credit, primarily to finance the acquisition of personal property and equipment; such loans would include, but not be limited to, the financing of time sales contracts, conditional sales agreements, installment purchase loans, and secured term loans) at 515 Main Street, Cincinnati, Ohio, through its wholly-owned subsidiary, Union Commerce Leasing Corporation, Cleveland, Ohio.

5 **Dominion Bankshares Corporation, Roanoke, Virginia, 2- 8-74 notification of intent to engage in de novo activi-ties (to make and service personal loans secured by first and second mortgages? and act as agent in the sale of credit life insurance in connection with such mortgage loans) at Eazelwood Office Building, U. S. Routes 1 and 58 South, South Hill, Virginia, through its subsidiary, State Mortgage Corporation.

5 **Virginia National Bankshares, Inc., Norfolk, Virginia, 2- 6-74 notification of intent to engage in de novo activi-ties (making, acquiring, and servicing, for its own account or for the account of others, loans secured principally by second mortgages on real property; and acting as agent in the sale of credit life

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2 1974 No. 6 - 10 -

Received Continued insurance and accident and health insurance in connection with such loans) at 360 West Shopping Center, Chesterfield County, Virginia, through its subsidiary, VNB Equity Corporation.

8 First Tennessee National Corporation, Memphis, Tennessee, for prior approval to acquire 100 per cent of the voting shares of Tower Loan Company, Hannibal, Missouri.

11 **First City Bancorporation of Texas, Inc., Houston, 2- 4-74 Texas, notification of intent to engage in a de novo activity (providing portfolio investment advice) in Houston, Texas, through a new wholly-owned subsidiary, First Investment Advisors, Inc.

11 First International Bancshares, Inc., Dallas, Texas, for prior approval to acquire 100 per cent of the voting shares of First International Bancshares Insurance Company, Dallas, Texas.

12 **Marine Bancorporation, Seattle, Washington, notifica- 2- 4-74 tion of intent to engage in a de novo activity (making or acquiring, for its own account or for the account of others, loans and other extensions of credit) at West 2529 Kennewick Avenue, Kennewick, Washington, through its subsidiary, Coast Mortgage Company.

Approved 2 C.I.T. Financial Corporation, New York, New York,

for prior approval to acquire substantially all of the assets of Fair Finance Company, Santa Barbara, California, through its wholly-owned subsidiary, C.I.T, Financial Services, Inc.

10 The First National Bancorporation, Inc., Denver, Colorado, for prior approval to acquire certain assets of The Security Agency, Sterling, Colorado, through its wholly-owned subsidiary, First Denver Insurance Agency, Inc.

**4 (c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2 1974 No. 6 - 11 -

Delayed 7 **St. Joseph Bank and Trust Company, South Bend, Indiana, 2- 8-74

and St. Joseph Agency, Inc., South Bend, Indiana, notification of intent to engage in de novo activities (originating, acquiring, selling, and servicing of residential, commercial, and industrial mortgage loans as well as making construction and development contruc-tion loans; and the sale of credit life and accident and health insurance on such extensions of credit by the company) in South Bend, Indiana, through a sub-sidiary of St. Joseph Agency, Inc., known as St. Joseph Mortgage Co., South Bend, Indiana.

Reactivated 1 **Industrial National Corporation, Providence, Rhode 2-4-74

Island, notification of intent to engage in a de novo activity (leasing personal property and equipment, or acting as agent, broker, or adviser in leasing of such property, and other activities commonly engaged in by equipment leasing companies) at 111 Westminister Street, Providence, Rhode Island, through a subsidiary, Hagoth Shipping Corporation.

Permitted 1 **Industrial National Corporation, Providence, Rhode 2-4-74

Island, notification of intent to engage in a de novo activity (leasing personal property and equipment, or acting as agent, broker, or adviser in leasing of such property, and other activities commonly engaged in by equipment leasing companies) at 111 Westminister Street, Providence, Rhode Island, through a sub-sidiary, Hagoth Shipping Corporation.

3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 2- 4-74 sylvania, notification of intent to engage in de novo activities (general consumer finance business, making and acquiring, consumer and mortgage loans to individ-uals, including second mortgage loans; servicing these loans; and selling credit life including joint coverage and credit health and accident insurance to borrowers and casualty insurance on collateral securing such loans and through Master Life Insurance Company, an indirect subsidiary of Fidelity, reinsuring such credit life, health and accident insurance sold) at 1121 Pinehurst Road, Dunedin, Florida, through its subsidiary, Local Finance Company of Florida.



• • H. 2 1974 No. 6 - 12 -

Permitted Continued 3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 2- 4-74

sylvania, notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans and possibly other loans secured by mortgages in New Jersey, where loans are owned by direct or indirect subsidiaries of Fidelity; and selling credit life, credit health and accident, and mortgage insurance to borrowers and casualty insurance on collateral securing such loans and through Master Life Insurance Company, an in-direct subsidiary of Fidelity, reinsuring consumer type credit life, health and accident insurance sold) at 112 Main Street, Rackettstown, New Jersey, through its subsidiary, Local Mortgage Company of Mew Jersey.

3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 2- 8-74 sylvania, notification of intent to engage in de novo activities (making and acquiring, consumer and mort-gage loans to individuals, particularly second mort-gage loans; servicing these loans and possibly other loans secured by mortgages in New Jersey where loans are owned by direct or indirect subsidiaries of Fidelity; selling credit life, credit health and accident, and mortgage insurance to borrowers and casualty insurance on collateral securing such loans and through Master Life Insurance Company, an indirect subsidiary of Fidelity, reinsuring consumer type credit life, health and accident insurance sold) at 548 Route 10, Ledgewood, Roxbury Township, New Jersey, through its subsidiary, Local Mortgage Company of New Jersey.

3 **New Jersey National Corporation, Trenton, New Jersey, 2- 4-74 notification of intent to engage in d£ novo activi-ties (making, acquiring, selling, and servicing, for its own account or for the account of others, loans and other extensions of credit principally secured by mortgages and such incidental activities as are necessary to carry on the activities specified) at 6 Corporate Park Drive, Suite 110, White Plains, New York, through a subsidiary, Underwood Funding Corp., New York, New York.



H. 2 1974 No. 6 - 13 -

Permitted Continued 3 '^Philadelphia National Corporation, Philadelphia, Penn- 2- 8-74

sylvania, notification of intent to relocate its wholly-owned subsidiaries Signal Finance Corporation, and to engage in de novo activities (making of in-stallment loans for personal, family, or household purposes, purchasing of sales finance contracts executed in connection with the sale of personal, family, or household goods or services; selling of and writing of reinsurance with respect of credit life insurance, credit disability insurance and casualty insurance offered in connection with certain personal installment loans made and sales finance contracts purchased and generally engaging in the business of a consumer finance company) and Signal Mortgage Corporation, to engage in cte novo activities (second mortgage lending, which consists of making personal installment loans secured by a mortgage of the borrower's real estate which is other than a first lien and a security interest in personal property of the borrower) from Stow-Kent Center, Room 83, 4301 Kent Road, Stow, Ohio, to 3809 Darrow Road, Stow, Ohio.

4 **Centran Bancshares Corporation, Cleveland, Ohio, 2-9-74 notification of intent to engage in de novo activi-ties (making of consumer finance loans, purchases of conditional sales contracts; and selling credit life insurance and health and accident insurance at the request of borrowers in connection with extensions of credit) at 1108 West Broad Street, Falls Church, Virginia, through its wholly-owned subsidiary, Major Finance Corporation of Arlington, Arlington, Virginia.

5 **Fidelity American Bankshares, Inc., Lynchburg, Virginia, 2- 3-74 notification of intent to engage in tie novo activities (granting and servicing loans secured by mortgages; and acting as agent in the sale of credit life and credit accident insurance in connection with such loans) in Raleigh, North Carolina, through its subsidiary, Columbia Mortgage Company.

6 **Barnett; Banks of Florida, Inc., Jacksonville, Florida, 2- 4-74 notification of intent to engage in de_ novo activities (conducting the business of a mortgage company, including the making or acquiring, for its own account or for the account of others, loans and other ex-tensions of credit; servicing loans and other extensions of credit for any person; and acting as investment or



H. 2

1974 No. 6 _ 1 4 _

Permitted Continued financial adviser to the extent o£ (i) providing portfolio investment advicc, and (ii) furnishing economic information and advice) in Dallas, Texas, through its subsidiary, Barnctt Winston Mortgage Company.

6 **First Commerce Corporation, New Orleans, Louisiana, 2- 7-74 notification of intent to engage in jde novo activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit; and acting as agent or broker in the sale of credit life and credit accident and health insurance incidental to such extensions of credit) at 821 Gravier Street, New Orleans, Louisiana, through its subsidiary, Honey, Inc.

7 **Harris Bankcorp, Inc., Chicago, Illinois, notification 2- 3-74 of intent to engage in de novo activities (making or acquiring, for its own account secured and un-secured installment loans and other extensions of credit (including through acceptance of drafts), primarily to individuals, and selling participations in (but not acting as underwriter, agent, or broker with respect thereto) group credit life and credit health and accident insurance coverage directly related to such loans and other extensions of credit) in Calumet City, Chicago, Evergreen Park, Lombard, Matteson, Mount Prospect, Niles, Oak Brook, Park Forest, Schaumburg, Skokie, Vernon Hills, and Waukegan, all located in Illinois, through a subsidiary, Harriscorp Finance, Inc.

7 **The Indiana National Corporation, Indianapolis, Indiana, 2 - 4 - 7 4 notification of intent to engage in a de novo activity (acting as investment or financial adviser to the extent of serving as the advisory company for INC Realty Investors, a real estate investment trust organized under the laws of the State of Maryland) in Indianapolis, Indiana, through a subsidiary, INC Realty Advisors, Inc.

12 **BanCal Tri-State Corporation, San Francisco, California, 2- 9-74 notification of intent to relocate a de novo activity (providing bookkeeping or data processing services for the internal operations of the holding company and its subsidiaries and storing and processing other




H.2 1974 No. - 1 5 -

Permitted Continued banking, financial, or related economic data, such as performing payroll, accounts receivable or payable, or billing services) from 6701 Sepulveda Boulevard, Los Angeles, California, to 6135 East Washington, City of Commerce, California, through its subsidiary, California Bankdata Corporation.

12 **Marine Bancorporation, Seattle, Washington, notification 2- 7-74 of intent to engage in de novo activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit, including the making of consumer instalment loans, purchasing consumer instalment sales finance contracts, and making of loans to small businesses; leasing personal property and equipment, or acting as agent, broker, or adviser in leasing of such property, where at the inception of the initial lease the expectation is that the effect of the transaction and reasonably anticipated future transactions with the same lessee as to the same property will be to compensate the lessor for not less than the lessor's full investment in the property; and acting as insurance agent or broker with regard to credit life and disability insurance relating only to extensions of credit by Commerce Credit Company, secured or unsecured, with the limitation that the initial amount of such insurance issued with respect to any debtors may at no time exceed the amount owed by such debtors) at 1346 Jadwin Street, Richland, Washington, through its subsidiary, Commerce Credit Company.

12 **Washington Bancshares, Inc., Spokane, Washington, 2- 9-74 notification of intent to engage in a de novo activity (acting as agent or broker for the sale of credit related life, accident, health, and disability insurance to be sold in connection with credit ex-tended by banks or bank-related firms) at West 422 Riverside Avenue, Spokane, Washington, through a subsidiary, Union Securities Co.

Withdrawn 3 **Fidelity Corporation of Pennsylvania, Rosemont, Penn- 2- 7-74

sylvania, notification of intent to engage in cle novo activities (making and acquiring, consumer and mortgage loans to individuals, particularly second mortgage loans; servicing these loans and possibly other loans



H.2 1974 No. 6 16 -

Withdrawn Continued secured by mortgages on properties in Massachusetts

where the loans are owned by direct or indirect sub-sidiaries of Fidelity; and with respect to all such

loans, selling credit life, credit health and accident, mortgage life and disability, accidental death and dismemberment, and casualty insurance on the collateral

and through Master Life Insurance Company, an indirect subsidiary of Fidelity, reinsuring consumer type credit life and health and accident insurance sold) at 95 Main Street, Brockton, Massachusetts; 62 Main Street, East-

hampton, Massachusetts; 17 North Main Street, Fall River, Massachusetts; 32 Union Avenue, Framington, Massachusetts;

29 North Street, Hyannis, Massachusetts; 179 Main Street, Milford, Massachusetts; 159 Main Street, Northampton, Massachusetts; 1388 Hancock Street,

Quincy, Massachusetts; 257 Union Street, Rockland, Massachusetts; 933 County Street, Somerset, Mass-

achusetts; 54 Porter Street, Stoughton, Massachusetts;

3 Main Street, Taunton, Massachusetts; 343 Main Street, Woburn, Massachusetts; and 70 Main Street, Peabody, Massachusetts; through its proposed subsidiary, Local

Mortgage Company of Massachusetts, Inc.

* * * * *

To Expand a Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1956

Received

9 **Archer-Daniels-Midland Company, Decatur, Illinois, 2- 8-74 notification of intent to acquire all of the issued and outstanding capital stock of Oliefabriek De

Ploeg B.V. of Maassluis, the Netherlands, which processes soybeans to produce soybean oil, soybean meal, and related products.

Permitted 4 **Equity Resources Corporation, Columbus, Ohio, 2- 7-74

notification of intent to acquire 100 per cent of the

outstanding common stock of Community Capital Corpor-

tion, Columbus» Ohio, a de novo concern.




H.2 1974 No. 6 „ 17 „

Permitted Continued 7 **Berkshire Hathaway Inc., New Bedford, Massachusetts, 2- 3-74

notification of intent to acquire additional shares of the outstanding voting stock of Interpublic Group of Companies, Inc., New York, New York, engaged in furnishing of advertising agency services, in 15 cities in the United States.

10 **Arizona-Colorado Land & Cattle Company, Phoenix, 2- 4-74 Arizona, notification of intent to acquire Great Bend Manufacturing Company, Great Bend, Kansas.



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h2_19740209.pdf