DOCSLIB.ORG

SUBSIDIARY BANKS of BANK HOLDING COMPANIES (As Defined"In the Bank Holding Company Act of 1956)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
SUBSIDIARY BANKS of BANK HOLDING COMPANIES (As Defined SUBSIDIARY BANKS OF BANK HOLDING COMPANIES (As defined"In the Bank Holding Company Act of 1956) Deoember 31, 1969 MOTEi Where two bank holding companies are shown for the same group of subsidiary banks, the holding company listed first controls the second holding company, which in turn controls the subsidiary banks. MAUI? Awn tOCATION or BANK HOLDING COMPANY Total Deposits Number of (in thousands of dollars) Name and location of subsidiary bank offices J State WESTERN BANCORPORATION, LOS ANGEIES, CALIFORNIA Arizona First National Bank of Arizona, Phoenix 88 816,196 Southern Arizona Bank & Trust Co,, Tucson 12 215.694 Total - Arizona 107 1,033,890 California United California Bank, Los Angeles 226 3,553,304 Colorado American National Bank, Denver 1 130,873 Continental National Bank, Engl*wood 2 31,055 First National Bank, Fort Collins 2 50,239 Total - Colorado 212,167 Idaho Bank of Idaho, Boise 22 142,054 Montana Bank of Glacier County, Cut Bank 1 9,221 Montana Bank, Great Falls 1 33,180 Conrad National Bank, Kalispell 1 31,468 Total - Montana 73,869 Nevada Bank of Nevada, Las Vegas 10 110,719 First National Bank of Nevada, Reno 30 498,305 Total - Nevada 40 609,024 New Mexico Ran* of New Mexico, Albuquerque 10 87,121 First State Bank, Gallup 3 18,083 New Mexico Bank & Trust Co#, Hobbs 6 34,232 Roswell State Bank, Roswell 4 38,261 Santa Fe National Bank, Santa Fe _3 26.443 Total - New Mexico 26 184.140 —2— WAUR Aim 1OCATI0N OF BANI HOLD IMG CCMPANY Total deposits Number of (in thousands of dollars) looation ef subsidiary bank offices jy State WESTERN BANCO KP0RA5) ION. IAS ANGELES, CALIFORNIA, (continued) Oregon 1.»9S2» First National Bank of Oregon, Portland m Utah 261,098 Walker Bank & Trust Co*, Salt Lake City 17 Washington 380.969 National Bank of Washington, Taooma 44 Wyoming 1 65,855 First National Bank, Casper 29,440 First National Bank, Laramie 1 First National Bank, Riverton 1 16,662 111,957 Total - Wyoming 3 8,151,700 Total - Eleven States 611 CENTRAL BANKING SYSTEM. INC.. OAKLANDt CALIFORNIA California Peninsula National Bwk, Burlingane 1 12,668 1 25,062 First National Bank, Fresno 6,351 Liverraore National Bank, Liverraore 1 207.324 Central Valley National Bank, Oakland 34 Total - California 37 COLORADO CNB BANKSHARfS. INC., DENVER. COLORADO Colorado 1 283,686 Colorado National Bank of Denver, Denver 8,709 Northeast Colorado National Bank of Denver, Denver 1 5,177 South Colorado National Bank, Denver 1 Lakewood Colorado National Bank, Lakewood 1 6,41% 303,991 Total - Colorado DENVER U.S. BANCORPORATION. INC.. DENVER, COlflRADO Colorado First Bank of Aurora, Aurora 1 11,882 Mercantile Bank & Trust Co*. Boulder 1 24,230 Denver U.S. Rational Bank, Wer mm Poudi* Valley National Bank, Fort Collins 1 24,109 Weld County Bank, Greeley 1 14,242 Arapahoe Valley Bank, Littleton 1 15*440 Arkansas Valley Bank, Pueblo Total - Colorado -3- MAUTT iwn TQCATION OF BAMC HOLDING COMPANY Total Deposits Number of (la thousands HUM and location of subsidiary bank offices 2/ of dollars) State THE FIRST NATIONAL BANCO IPORATION. INC.. DPJVIR. COLORADO Colorado 1 4,773 First National Bank of Southglenn, Arapahoe Cowty 9,678 First National Bank of Bear Valley, Denver 1 1 507,340 First National Bank of Denver, Denver 7,990 First National Bank, North Glenn 1 529.781 Total - Colorado FIRST COLORADO BANKS*IMS, INC.. LITTLETON. COIORADO Colorado 1 42,319 Security National Bank, Denver 25,223 University Hills Bank, Denver 1 1 52,642 First National Bank, Englewood 21,358 Lakeside National Bank, %eat Ridge 1 141,542 Total - Colorado FINANCIAL GENERAL BANKSHAHES, IMC.. WASHINGTON. D.C. THE MORRIS PLAN CORPORATION. NEW YORE, NEW YORK District of Columbia 8 103,571 First National Bank, Washington, D.C. 189.357 Union Trust Company of the District of Columbia 6 292.928 Total - District of Columbia 14 Georgia 126.297 National Bank of Georgia, Atlanta 12 Maryland 10,456 Bank of Crisfield, Crisfield 3 Citizens National Bank, Pooomoke City 1 7,765 African National Bank of Maryland, Silver Spring 15 109,490 Chesapeake National Bank, Towson _2 12.492 140.203 Total - Maryland 21 New York 28,905 Community State Bank, Albany* 5 10 89,066 Bank of Buffalo, Buffalo* 163.021 Bank of Comae roe, New York* 15 280,992 Total - New Ycrk 30 NAME IMP LOCATION QT BANK HOLDING COMPANY Total Deposits Number etf (in thousands Name and location of subsidiary bank offices 3/ of dollar*) 8tett TTMIGTTIT. mggRAL HAWCSIARES. INC.. WASHINGTON^D.C. (continued) THE MORRIS PLAIT CORPORATION. MEW TORE. NEW TORI (continued) Valley fidelity Bank & Trust Co., Knoxville 6 82,690 Virginia Alexandria National Bank, Alexandria 7 66,251 Clarende* Trest Co., Arlington 8 90,069 Peoples Bank, Buena Vista 1 3,659 Valley latloaal Bank, Harrisonburg 4 17,834 Arlington Treat Company, Ino., Herndon 8 110,828 People# National Beak. Leesburg 3 37,333 First National Baric, Lexington 2 5,945 Round Hill national Bank, Round Hill 1 8,471 Shenandoah Valley National Bank, Winchester _4 26.177 Total — Virginia 38 346.567 Total — Fire States and the District of Columbia 121 1.251.677 UNITE) BA*!S*ii":S "F FLORIDA. INC.. CORAL GABLES. FLORCDA Florida Coral Gables First National Bank, Coral Gables 1 75,892 United National Bank, Miami 1 29,235 United National Bank of Dadeland, Miami 1 2,954 w«»i Beach First National Bank, Miami Beach 1 147,829 Total - Florida TOT! ATT,ANTIC NATIONAL BANK OF JACKSONVILLE. JACKSONVILLE. FLORIDA' ATLANTIC BANCO HPORATION, JACKSONVILLE. FLORIDA Florida First Atlantic National Bank, Daytona Beach 1 33,172 Westside Atlantic Bank, Daytona Beach 1 5,858 First National Bank, Gainesville 42,509 Atlantic National Bank, Jacksonville 1 281,506 Lake Forest Atlantic Bank, Jacksonville 1 17,102 Southside Atlantic Bank, Jacksonville 1 13,312 Springfield Atlantic Bank, Jacksonville 1 43,363 Westside Atlantic Bank, Jacksonville 1 14,915 Palatka Atlantic National Bank, Palatka 1 19,840 Sanford Atlantic National Bank, Sanford 1 17,634 Atlantic National Bank, West Palm Beach _1 62,930 Total - Florida 11 552|141 In addition to controlling more than 25% of the outstanding stock of Atlantic Baacorporation, The Atlantic National Bank of Jacksonville is also a direct subsidiary of Atlantic Bancorporation. -6- NAME AMD LOCATION Of BANK HOLDING COMPANY Total Deposits Number of (in thousands of dollars) N*m# and location of subsidiary bank offices l/ State BARNETT BANKS OF FLORIDA. INC.. JACKSONVILLE, FIORIDA Florida 31,980 Barnett First National Bank, Cocoa 6,172 American National Bank, Cypress Gardens 31,807 Barnett First National Bank, DeLand 190,940 Barnett First National Bank, Jacksonville 28,304 Murray Hill Barwtt Bank, Jacksonville 4,629 Regency Square Barnett Bank, Jacksonville 11,147 San Jose Barnett Bank, Jacksonville 24,391 Munree 4 Chaebliss National Bank of Ocala, Ooala Monroe & Chambliss National Bank of East Ooala* Ocala 3,726 32,404 First Bank 4 Trust Co., Pensacola 20,144 St. Augustine National Bank, St. Augustine 51,134 Barnett National Bank, St. Petersburg 42,655 Tallahassee Bank 4 Trust Co., Tallahassee Amsrioan National Bank 4 Tnst Co., Winter Haven 28,865 69.622 First National Bank, Winter Park 577,920 Total — Florida 15 CHARTER BANKSHARES CORPORATION. JACKSONVILLE. FI/3RIDA Florida 4,652 Ranir of Gulf Breeze, Gulf Breeze 1 1 11,070 First National Bank, Milton 22.476 Comaeroial National Bank, Pensacola 1 Total - Florida 38.198 TRUSTEES. ESTATE OF ALFRED I» DU PONT. JACKSONVILLE!, FLORIDA Florida Florida National Bank at Bartow 21,574 Florida First National Bank at Belle Glade 6,726 Florida First National Bank at Brent (Pensacola) 8,042 Florida Bank at Bushnell 4,586 Florida Bank at Chipley 5,980 Florida National Bank at Coral Gables 32,477 Florida Bank 4 Trust Co. at Daytona Beach 33,292 Florida Bank at DeLand ^ 14,867 Florida First National Bank at Femandina Beach 10,749 Florida Bank at Fort Pierce 10,318 Florida National Bank at Gainesville 21,656 Florida National Bank at Arlington, Jacksonville 13,204 Florida National Bank at Lake Shore (Jacksonville; 10,327 Florida Dealers 4 Growers Bank at Jacksonville 10,472 Florida Northside Bank of Jacksonville 7,636 Florida National Bank of Jacksonville 266,851 Florida First National Bank at Key West 18,689 Florida National Bank at Lakeland 38,286 Florida First National Bank at Madison 8,224 Florida National Bank & Trust Co. at Miami 171,601 Florida First National Bank at Ocala 23,718 Florida First National Bank at Opa-Locka 6,137 Florida National Bank at Orlando 61,701 Florida First National Bank at Pensacola 34,809 Florida National Bank at Perry 6,644 Florida First National Bank at Port St. Joe 5,796 Florida National Bank at St. Petersburg 84,683 Florida Bank at Starke 6,371 Florida First National Bank at Vero Beach 18,852 Florida National Bank 4 Trust Co. at West Palm Beach 23,842 Total - Florida 30 NAME AND LOCATION OF BANK HOLDING COMPANY Total Deposits Number of (in thousands Name %nd location of subsidiary bank offices 2/ of dollars) State CENTRAL BANCORP, INC.* MIAMI, FLORIDA Flo rida Central Bank & Trust Co** Miami 1 65,098 Central Bank of North Dade, Miami 1 8,507 Total - Florida 73,605 COMMERCIAL BANCORP, INC.. MIAMI. FLORIDA Florida Bank of Kendall, Kendall 1 19,221 Commercial Bank & Trust Co*, Miami 1 37,877 Bank of Palm Beach & Trust Co., Palm Beach 1 47,138 Merchants Bank of Miami, West Miami 1 31,012 Total — Florida 135,248 PAN AMERICAN BANC SHARES, INC., MIAMI. FLORIDA Florida Manufacturers National Bank, Hialeah 1 12,593 Pan American Bank, Miami 1 74,623 Pan American Bank of Dade County, North Miami Beach 1 32,495 Total — Florida SOUTHEAST BANCORP ORATION, INC., MIAMI.
Load more

Recommended publications
  • Banking & Finance
    December 5, 2011 Banking & Finance passage of the NBA and the creation of the OCC resulted in a “dual National Banks banking system,” in which federally-chartered banks operate in one system governed by one set of regulations at the national level and state-chartered banks operate in parallel systems subject to Federal Preemption laws and regulations at the state level. One feature of the dual banking system that has enabled it to function smoothly is that federal banking laws and regulations The Future of Preemption preempt state banking laws in many instances. Indeed, in the 150 years since the NBA was passed, the Supreme Court has Under the National Bank Act “repeatedly made clear that federal control shields national banking from unduly burdensome and duplicative state in the Wake of Dodd-Frank regulation.”5 Proponents of preemption in this context have always argued that the national banking system is essential to the development of multi-state markets for products, thus promoting economic prosperity and growth.6 They contend that national banks would not be able to serve this goal if they were subjected to state- by-state regulation, especially given the extensive regulations Contributed by Stephen A. Fogdall and Christopher A. established by the NBA and the OCC.7 Reese, Schnader Harrison Segal & Lewis LLP For years, national banks received the benefit of federal regulations granting them immunity from any “state laws that The Barnett Bank Preemption Standard obstruct, impair, or condition a national bank’s ability to fully Supreme Court case law generally recognizes three forms of exercise its powers to conduct activities authorized under Federal preemption: express preemption, field preemption, and conflict 1 law.” The passage of the Dodd-Frank Act has invalidated these preemption.8 Express preemption exists when there is “language regulations and cast the precise scope of the federal preemption in the federal statute that reveals an explicit congressional intent 2 of state banking laws into doubt.
    [Show full text]
  • Annual Report 1980
    Annual Report 1980 The Depository• Trust Company The ability of Depository Trust to conduct its activities rests largely on modern computer technology, reflecting a long chain of developments in several disciplines. Automated calculating and recordkeeping are the essence of DTC's book-entry capability. Telecommunications devices facilitate the flow of information among Participants, transfer agents, and others throughout the financial community. The ability to utilize minute intervals of time permits computers to operate in billionths of a second. The illustrations in this report depict historical developments in each of these disciplines. The graphic theme and appearance of this Annual Report were conceived by David S. Jobrack, Executive Assistant to the Chairman, who also acted as Creative Director throughout the production process, and wrote, edited and/or compiled the text, illustrations and captions. 1980 Annual Report Highlights. 2 Computer Communications A Message from Management. ..... 3 Facility (CCF) . 28 History, Ownership and Policies. ....... 4 Other Automation Developments .... 28 Growth in 1980 .... 6 Interfaces in a National Clearance and Settlement System .. ....... 30 Eligible Issues. .8 Municipal Bond Program ..... 8 Protection for Participants' Securities ..... 32 Outlook for Institutional Use. 10 Officers and Directors of The Institutional Delivery (ID) Depository Trust Company.. 38 System. 14 1980 in Retrospect . .40 Basic Services 16 Financial Statements. ............ 46 Fast Automated Securities Participants. 54 Transfer (FAST) .' 17 Stockholders. ........ 56 Ancillary Services. 20 Depository Facilities ... 56 ...... 20 Dividends Pledgees .............. 57 Voting Rights. 21 Banks Reported to be Participating in Other Ancillary Services. 22 the Depository on an Indirect Basis 57 The Automation of Depository Services. 26 Investment Companies Reported Participant Terminal System (PTS).
    [Show full text]
  • Barnett Bank Brings the Business of Insurance to the Attention of Congress
    University of Arkansas at Little Rock Law Review Volume 20 Issue 1 Article 4 1997 Barnett Bank Brings the Business of Insurance to the Attention of Congress Jeffrey H. Thomas Follow this and additional works at: https://lawrepository.ualr.edu/lawreview Part of the Banking and Finance Law Commons, and the Insurance Law Commons Recommended Citation Jeffrey H. Thomas, Barnett Bank Brings the Business of Insurance to the Attention of Congress, 20 U. ARK. LITTLE ROCK L. REV. 129 (1997). Available at: https://lawrepository.ualr.edu/lawreview/vol20/iss1/4 This Article is brought to you for free and open access by Bowen Law Repository: Scholarship & Archives. It has been accepted for inclusion in University of Arkansas at Little Rock Law Review by an authorized editor of Bowen Law Repository: Scholarship & Archives. For more information, please contact [email protected]. BARNETT BANK BRINGS THE BUSINESS OF INSURANCE TO THE ATTENTION OF CONGRESS Jeffrey H. Thomas* I. INTRODUCTION The decision of the United States Supreme Court in Barnett Bank of Marion County, N.A. v. Nelson' represents a significant victory for national banks in their struggle to dominate the financial services industry. Since winning a series of decisions which upheld Federal Reserve Board determina- tions that banks, bank holding companies, and their affiliates could engage in certain securities activities,2 banks have focused intently on the marketing and sale of insurance products. Encouraged by the Comptroller of the Currency and the Supreme Court3 and fueled by an increasing appetite for additional fee income,4 national banks have proved themselves to be powerful engines for marketing and selling of annuities.5 In fact, since banks have entered the annuities market over the past two years, variable annuities have become one of the most popular investment vehicles.6 * B.A., University of Arkansas (1984); J.D., University of Arkansas (1987).
    [Show full text]
  • H.2 Actions of the Board, Its Staff, and The
    ANNOUNCEMENT H.2, 1993, No. 48 Actions of the Board, its Staff, and BOARD OF GOVERNORS the Federal Reserve Banks; OF THE Applications and Reports Received FEDERAL RESERVE SYSTEM During the Week Ending November 27, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIFg Chemical Banking Corporation, New York, New York -- to engage in underwriting and dealing in, to a limited extent, all types of bank-ineligible equity securities through Chemical Securities Inc. Approved, November 24, 1993. Chemical Banking Corporation, New York, New York -- request for subsidiary banks and broker dealer subsidiaries of those banks to act as a riskless principal or broker for customers in buying and selling bank-eligible securities that Chemical*s section 20 subsidiary deals in or underwrites. Approved, November 24, 1993. First Alabama Bancshares, Inc., Birmingham, Alabama - - to acquire Secor Bank, F.S.B. Approved, November 22, 1993. BANK MERGERS First Alabama Bank, Birmingham, Alabama — to acquire certain assets and assume certain liabilities of Secor Bank, F.S.B. Approved, November 22, 1993. BOARD OPERATIONS Budget for 1994. Approved, November 24, 1993. Office of Inspector General -- budget for 1994. Approved, November 24, 1993. ENFORCEMENT Farmers and Merchants BanK or Long Deacn, Long Beach, California -- written agreement dated November 10, 1993, with the Federal Reserve Bank of San Francisco. Announced, November 22, 1993. First Tampa Bancorporation of Florida, Inc., Tampa, Florida -- written agreement dated November 8, 1993, with the Federal Reserve Bank of Atlanta. Announced, November 22, 1993. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis H.2 NOVEMBER 22, 1993 TO NOVEMBER 26, 1993 PAGE 2 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation DD, Truth in Savings -- proposed changes concerning calculation of the annual percentage yields for certain deposits (Docket R-0812).
    [Show full text]
  • Corporate Decision #97-36 June 1997
    Comptroller of the Currency Administrator of National Banks Washington, D.C. 20219 Corporate Decision #97-36 June 1997 DECISION OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY ON THE APPLICATION TO MERGE COLORADO NATIONAL BANK, DENVER, COLORADO, COLORADO NATIONAL BANK ASPEN, ASPEN, COLORADO, FIRST BANK NATIONAL ASSOCIATION, CHICAGO, ILLINOIS, FIRST BANK NATIONAL ASSOCIATION, OMAHA, NEBRASKA, FIRST BANK OF SOUTH DAKOTA (NATIONAL ASSOCIATION), SIOUX FALLS, SOUTH DAKOTA, FIRST BANK (NATIONAL ASSOCIATION), MILWAUKEE, WISCONSIN, FIRST INTERIM BANK OF DES MOINES, N.A., DES MOINES, IOWA, AND FIRST INTERIM BANK OF CASPER, N.A., CASPER, WYOMING, WITH AND INTO FIRST BANK NATIONAL ASSOCIATION, MINNEAPOLIS, MINNESOTA June 1, 1997 ___________________________________________________________________________ __ I. INTRODUCTION On March 17, 1997, First Bank National Association, Minneapolis, Minnesota ("FBNA") filed an Application with the Office of the Comptroller of the Currency ("OCC") for approval to merge affiliated national banks located in other states into FBNA under FBNA’s charter and title, pursuant to 12 U.S.C. §§ 215a-1, 1828(c) & 1831u(a) (the "Merger Application"). The merger is structured as a single merger transaction with multiple affiliated target institutions. The affiliated banks are: Colorado National Bank, Denver, Colorado ("Colorado NB"), Colorado National Bank Aspen, Aspen, Colorado ("Aspen NB"), First Bank National Association, Chicago, Illinois ("FB Chicago"), First Bank National Association, Omaha, Nebraska ("FB Omaha"), First Bank of South Dakota (National Association), Sioux Falls, South Dakota ("FB South Dakota"), First Bank (National Association), Milwaukee, Wisconsin ("FB Milwaukee"), First Interim Bank of Des Moines, National Association, Des Moines, Iowa ("FB Des Moines"), and First Interim Bank of Casper, National Association, Casper, Wyoming ("FB Casper").
    [Show full text]
  • U.S. Bancorp (USB)
    Strategic Report for U.S. Bancorp Ah Sung Yang Karen Bonner Andrew Dialynas April 14, 2010 US Bancorp Table of Contents Executive Summary ....................................................................................................... 3 Company Overview ........................................................................................................ 5 Company History ................................................................................................... 5 Business Model ..................................................................................................... 8 Competitive analysis .................................................................................................... 10 Industry Overview ................................................................................................ 10 Porter’s Five Forces Analysis .............................................................................. 11 Competitive Rivalry......................................................................................... 11 Entry and Exit ................................................................................................. 12 Supplier Power ............................................................................................... 13 Buyer power ................................................................................................... 14 Substitutes and Complements ........................................................................ 15 Financial Analysis .......................................................................................................
    [Show full text]
  • Federal Register / Vol. 60, No. 227 / Monday, November 27, 1995 / Notices 58363
    Federal Register / Vol. 60, No. 227 / Monday, November 27, 1995 / Notices 58363 Y (12 CFR 225.21(a)) to commence or to 2. Progressive Growth Corp., Gaylord, company or to acquire voting securities engage de novo, either directly or Minnesota; to engage de novo through of a bank or bank holding company. The through a subsidiary, in a nonbanking its subsidiary, Progressive Technologies, listed companies have also applied activity that is listed in § 225.25 of Inc., Gaylord Minnesota, in data under § 225.23(a)(2) of Regulation Y (12 Regulation Y as closely related to warehousing, computer network CFR 225.23(a)(2)) for the Board's banking and permissible for bank integration services, communications approval under section 4(c)(8) of the holding companies. Unless otherwise services related to the transmission of Bank Holding Company Act (12 U.S.C. noted, such activities will be conducted economic and financial data, database 1843(c)(8)) and § 225.21(a) of Regulation throughout the United States. management services, and other data Y (12 CFR 225.21(a)) to acquire or Each application is available for processing services, pursuant to § control voting securities or assets of a immediate inspection at the Federal 225.25(b)(7) of the Board's Regulation Y. company engaged in a nonbanking Reserve Bank indicated. Once the C. Federal Reserve Bank of Kansas activity that is listed in § 225.25 of application has been accepted for City (John E. Yorke, Senior Vice Regulation Y as closely related to processing, it will also be available for President) 925 Grand Avenue, Kansas banking and permissible for bank inspection at the offices of the Board of City, Missouri 64198: holding companies, or to engage in such Governors.
    [Show full text]
  • 1985 0101 NSCCAR.Pdf
    National Securities Clearing Corporation Corporate Office 55 Water Street New York, New York 10041 (212) 510-0400 Boston One Boston Place Boston, Massachusetts 02108 Chicago 135 South LaSalle Street Chicago, Illinois 60603 Cleveland 900 Euclid Avenue Cleveland, Ohio 44101 Dallas Plaza of the Americas TCBTower Dallas, Texas 75201 Denver Dominion Plaza Table of Contents 600 17th Street Denver, Colorado 80202 To NSCC Participants 2 Detroit NSCC Board of Directors 4 3153 Penobscot Building Detroit, Michigan 48226 NSCC Officers 8 Jersey City Introduction 9 One Exchange Place Jersey City, New Jersey 07302 The Year in Review 10 Los Angeles Municipal Bond Program 12 615 South Flower Street Los Angeles, California 9001.7 Fund/SERV 14 Milwaukee Automated Customer Account Transfer Service 16 777 East Wisconsin Avenue Milwaukee, Wisconsin 53202 International Securities Clearing Corporation 18 Minneapolis Audited Financial Statements 20 IDS Center 80 South 8th Street Participating Organizations 26 Minneapolis, Minnesota 55402 New York 55 Water Street New York, New York 10041 St. Louis One Mercantile Tower Cover: 1985 was a year during which NSCC anticipated and St. Louis, Missouri 63101 responded to the expanding needs of the financial services San Francisco industry ... 50 California Street • As marketplace self-regulatory organizations, represented San Francisco, California 94111 here by a New York Stock Exchange Guide/Constitution Toronto and Rules, proposed new rules on broker-dealers' transfer Two First Canadian Place of client accounts, NSCC implemented the Automated Toronto, Ontario, Canada M5X lA9 Customer Account Transfer Service. • While continuing to serve its traditional equity, corporate bond and municipal bond marketplaces, represented by volume charts on the computer screen, NSCC expanded its comparison services to include municipal bond syndi­ cates, when-issued and extended-settlement trades.
    [Show full text]
  • H.2 Actions of the Board, Its Staff, and The
    ANNOUNCEMENT H.2, 1988, No. 29 Actions of the Board, its Staff, and BOARD OF GOVERNORS the Federal Reserve Banks; OF THE Applications and Reports Received FEDERAL RESERVE SYSTEM During the Week Ending July 16, 1988. ACTIONS TAKEN BY THE BOARD OF GOVERNORS ADVISORY COUNCILS Consumer Advisory Council. Convened, July 14, 1988. BANK HOLDING COMPANIES The Toyo Trust and Banking Company, Limited, Tokyo, Japan — to acquire Toyo Trust Company of New York, New York, New York. Approved, July 11, 1988. REGULATIONS AND POLICIES Regulation Y — informal hearing concerning the proposed rules to implement the nonbank bank provisions tinder the Competitive Equality Banking Act of 1987 (Docket R-0637). Announced, July 13, 1988. TESTIMONY AND STATEMENTS Monetary policy objectives — statement by Chairman Greenspan before Senate Committee on Banking, Housing, and Urban Affairs, July 13, 1988, and before the House Committee on Banking, Finance and Urban Affairs, July 28, 1988. Authorized, July 11, 1988. ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY ABBREVIATIONSi BS&R - Banking Supervision and Regulation; C&CA - Consumer and Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF - International Finance; OSDM - Office of Staff Director for Management BANK BRANCHES, DOMESTIC Minneapolis The Brookings Bank, Brookings, South Dakota — to establish a branch in Sioux Falls, South Dakota. Approved, July 11, 1988. Richmond First Community Bank, Forest, Virginia — to establish a branch at 3638 Old Forest Road, Lynchburg, Virginia. Approved, July 13, 1988. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis H.2 JULY 11, 1988 TO JULY 16, 1988 PAGE 2 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES, DOMESTIC Philadelphia Meridian Bank, Reading, Pennsylvania — to establish an offsite electronic facility at Super Fresh Food Markets, Inc., New Rodgers Road and Bristol Pike, Bristol, Pennsylvania.
    [Show full text]
  • Decade of Holding Company Regulation in Florida
    July 1970 A Decade of Holding Com pany Regulation in Florida The Bank Holding Company Act of 1956 placed was often met through the chartering of new sub­ multibank holding company formation and ex­ urban banks by the stockholders of the com­ pansion within the jurisdiction of the Board of munity’s existing banks. Governors of the Federal Reserve System. By Since 1959 when the Board rendered its first the end of 1969, the Board had handed down 294 decision on a Florida holding company applica­ decisions. These Board decisions did not, however, tion, the holding company form of group bank­ fall evenly throughout the nation. They affected ing has become an important part of the struc­ prim arily those states having unit- or limited tural change in Florida banking. The composi­ branch-banking legislation that typically encour­ tion of Florida banking, therefore, has been ages holding company expansion. Florida is one molded to some extent by the provisions of the of these unit-banking states, and 52 of the Board’s Bank Holding Company Act of 1956 and by decisions affected Florida banks. Only Wisconsin the decisions the Board has made on individual witnessed as much holding company activity dur­ applications under the Act. This article reviews ing the same period. the pattern that has developed during the first ten The holding company is simply one form of years of experience. control over several separately chartered banks. Other forms of control over such a group of Genesis of Florida Holding Companies banks might be maintained through ownership by an individual, a partnership, or by common When Congress passed the Bank Holding Com­ m ajority stockholders.
    [Show full text]
  • School of Economics & Business Administration Master of Science in Management “MERGERS and ACQUISITIONS in the GREEK BANKI
    School of Economics & Business Administration Master of Science in Management “MERGERS AND ACQUISITIONS IN THE GREEK BANKING SECTOR.” Panolis Dimitrios 1102100134 Teti Kondyliana Iliana 1102100002 30th September 2010 Acknowledgements We would like to thank our families for their continuous economic and psychological support and our colleagues in EFG Eurobank Ergasias Bank and Marfin Egnatia Bank for their noteworthy contribution to our research. Last but not least, we would like to thank our academic advisor Dr. Lida Kyrgidou, for her significant assistance and contribution. Panolis Dimitrios Teti Kondyliana Iliana ii Abstract M&As is a phenomenon that first appeared in the beginning of the 20th century, increased during the first decade of the 21st century and is expected to expand in the foreseeable future. The current global crisis is one of the most determining factors affecting M&As‟ expansion. The scope of this dissertation is to examine the M&As that occurred in the Greek banking context, focusing primarily on the managerial dimension associated with the phenomenon, taking employees‟ perspective with regard to M&As into consideration. Two of the largest banks in Greece, EFG EUROBANK ERGASIAS and MARFIN EGNATIA BANK, which have both experienced M&As, serve as the platform for the current study. Our results generate important theoretical and managerial implications and contribute to the applicability of the phenomenon, while providing insight with regard to M&As‟ future within the next years. Keywords: Mergers &Acquisitions, Greek banking sector iii Contents 1. Introduction ................................................................................................................ 1 2. Literature Review .......................................................................................................... 4 2.1 Streams of Research in M&As ................................................................................ 4 2.1.1 The Effect of M&As on banks‟ performance ..................................................
    [Show full text]
  • CRA Decision #94 June 1999
    Comptroller of the Currency Administrator of National Banks Washington, D.C. CRA Decision #94 June 1999 DECISION OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY ON THE APPLICATION TO MERGE BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, SAN FRANCISCO, CALIFORNIA, AND NATIONSBANK, NATIONAL ASSOCIATION, CHARLOTTE, NORTH CAROLINA May 20, 1999 _____________________________________________________________________________ I. INTRODUCTION On December 28, 1998, Bank of America National Trust and Savings Association (“BANTSA”), San Francisco, California, and NationsBank, National Association, Charlotte, North Carolina (“NationsBank”), applied to the Office of the Comptroller of the Currency ("OCC") for approval to merge NationsBank with and into BANTSA under BANTSA’s charter under 12 U.S.C. §§ 215a-1, 1828(c) and 1831u (the “Merger”). The resulting bank will be named “Bank of America, National Association” (“BofA-Resulting”) and will have its main office in Charlotte, North Carolina.1 Both banks are insured banks. BANTSA has its main office in California and, at the proposed consummation date for the Merger, will operate branches in California, Washington, Oregon, Idaho, Nevada, Arizona, Illinois, New York, and Florida.2 NationsBank has its main office in North Carolina and operates branches in North Carolina, South Carolina, Virginia, Maryland, the District of Columbia, Georgia, Florida, Tennessee, Illinois, 1 This application is part of the process of combining the banking operations of the subsidiary banks of the recently formed Bank of America Corporation (“New BAC”). NationsBank Corporation, Charlotte, North Carolina, merged with the former BankAmerica Corporation (“BankAmerica”), San Francisco, California. The resulting holding company is named Bank of America Corporation and is headquartered in Charlotte, North Carolina.
    [Show full text]