SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 1, 1997
HSBC AMERICAS, INC.
(Exact name of registrant as specified in charter)
DELAWARE I-2940 22-1093160
(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification No.)
ONE MARINE MIDLAND CENTER, BUFFALO, NEW YORK 14203
(Address of principal executive offices)
Registrant's telephone number, including area code: (716) 841-2424
Not Applicable
(Former name or former address,
if changed since report)
2.
Item 2. Acquisition or Disposition of Assets
Effective March 1, 1997, HSBC Americas, Inc. (the Company) acquired the
common stock of CTUS Inc. (CTUS), a unitary thrift holding company. CTUS
owns First Federal Savings and Loan Association of Rochester (First
Federal). The transaction had been previously reported on Form 8-Ks filed
on August 29, 1996 and October 22, 1996.
The acquisition will be accounted for as a purchase and the results of
CTUS's operations will be included in the Company's financial statements
from the date of acquisition. At December 31, 1996, First Federal had
assets of approximately $7.1 billion and operated 80 branches in New York
State.
Item 7. Financial Statements and Exhibits
a. It is not practicable to provide the required financial statements at
this time. The required financial statements will be filed under cover
of Form 8-K not later than 60 days after the date of this report.
3.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
HSBC AMERICAS, INC.
(REGISTRANT)
/s/ Gerald A. Ronning
NAME: GERALD A. RONNING
TITLE: EXECUTIVE VICE PRESIDENT &
CONTROLLER
Date: March 14, 1997