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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 15
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending April 10, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
BANK MERGERS
Alice Bank of Texas, Alice, Texas — request for
reconsideration of BoardTs approval of application
to purchase the assets and assume the liabilities
of New First City, Texas-Alice, Alice, Texas.
Denied, April 7, 1993.
ENFORCEMENT
Arrow Financial Corporation, Glens Falls, New York,
and Arrow Vermont Corporation, Rutland, Vermont —
amendment to the written agreement dated July 22,
1992, with the Federal Reserve Bank of New York.
Announced, April 5, 1993.
Citizens First Bancorp, Inc., Glen Rock, New Jersey - amendment to written agreement dated December 18,
1990, with the Federal Reserve Bank of New York.
Announced, April 5, 1993.
INTERNATIONAL OPERATIONS
Chase Manhattan Overseas Banking Corporation,
Wilmington, Delaware — to invest in Chase
Finanziaria S.p.A., Milan, Italy.
Permitted, April 5, 1993.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: 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




Atlanta

Barnett Bank of Volusia County, Deland, Florida — to
establish a branch at 1454 West Granada Boulevard,
Ormond Beach, Florida.
Approved, April 6, 1993.

Atlanta

Barnett Bank of Volusia County, Deland, Florida —
establish a branch at 2160 Howland Boulevard,
Deltona, Florida.
Approved, April 6, 1993.

to

H.2
APRIL 5, 1993
PAGE 2

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES> DOMESTIC
New York

Fleet Bank of New York, Albany, New York — to
operate an offsite electronic facility at certain
locations in New York state.
Approved, April 8, 1993.

Richmond

Mellon Bank (MD), Rockville, Maryland — to establish
a branch at 2051 West Street, Annapolis, Maryland.
Approved, April 9, 1993.

St. Louis

Mid-America Bank and Trust Company of Louisville,
Louisville, Kentucky — to establish a branch at
Cane Run Road and Crums Lane.
Approved, April 9, 1993.

Richmond

Signet Bank / Virginia, Richmond, Virginia — to
establish a branch at the South Hill Crossings
Shopping Center, near the corner of Peebles Drive
and Route 58, South Hill, Virginia.
Approved, April 9, 1993.

Atlanta

Sun Bank of Tampa Bay, Tampa, Florida —
a branch at 1705 North Howard Avenue.
Approved, April 7, 1993.

to establish

BANK HOLDING COMPANIES




Chicago

Alliance Financial Corporation, New Buffalo, Michigan
— to engage de novo in securities brokerage
activities through Alliance Financial Services
Corporation.
Returned, April 5, 1993.

St. Louis

AmBanc Corp., Vincennes, Indiana — to acquire
Farmers State Bank of Palestine, Palestine,
Illinois.
Approved, April 7, 1993.

Cleveland

Banc One Corporation, Columbus, Ohio — proposal to
acquire certain assets and assume certain
liabilities of the Grand Junction, Colorado, branch
of Great American Federal Savings Association, San
Diego, California.
Approved, April 9, 1993.

H.2
APRIL 5, 1993
PAGE 3

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

Bourbonnais Bancorp, Inc., Wheaton, Illinois — to,.
acquire Bank of Bourbonnais, Bourbonnais, Illinois.
Approved, April 8, 1993.

St. Louis

Bridgeport Bancorp, Inc., Bridgeport, Illinois —
acquire First National Bank of Bridgeport.
Approved, April 5, 1993.

Kansas City

CLC Enterprises, Inc., Nelson, Nebraska — to
continue to engage in lending activities.
Returned, April 5, 1993.

Chicago

Columbus Bancorp, Inc., Indianapolis, Indiana —
engage de novo in lending activities.
Permitted, April 7, 1993.

Chicago

Comerica Incorporated, Detroit, Michigan — to engage
de novo in investment activities concerning
projects designed to promote community welfare
through Comerica Community Development Corporation,
Detroit, Michigan.
Returned, April 6, 1993.

Chicago

Comerica Incorporated, Detroit, Michigan — to engage
in a community investment project through
Gladeshire Limited Dividend Housing Association
Limited Partnership, Kalamazoo, Michigan.
Permitted, April 7, 1993.

Richmond

Crestar Financial Corporation, Richmond, Virginia —
to engage in selling annuities.
Approved, April 7, 1993.

Minneapolis

First Bank System, Inc., Minneapolis, Minnesota, and
Central Bancorporation, Inc., Denver, Colorado —
proposal that Central Bank, N.A., merge with Bank
Western, fsb, or its proposed successor-by­
conversion, Bank Western, N.A.
Withdrawn, April 9, 1993.

Kansas City

First National Beatrice Corporation ESOP, Beatrice,
Nebraska — to acquire First National Beatrice
Corporation, Beatrice, Nebraska.
Withdrawn, April 6, 1993.

to

to

H. 2

APRIL 5, 1993
PAGE 4

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Richmond

First Union Corporation, Charlotte, North Carolina —
proposal that World Acceptance Corporation,
Greenville, South Carolina, acquire ParaData
Financial System, Inc., Earth City, Missouri.
Approved, April 7, 1993.

Chicago

Illinois State Bancorp, Inc., Wheaton, Illinois —
acquire Bourbonnais Bancorp, Inc., and Bank of
Bourbonnais, Bourbonnais, Illinois.
Approved, April 8, 1993.

Director, BS&R

Old National Bancorp, Evansville, Indiana —
agent registrat ion.
Approved, April 5, 1993.

Secretary

Panhandle Bancshares, Inc., Panhandle, Texas — to
engage de novo in management consulting services
and tax preparation services through Panhandle
Financial Services, Inc.
Permitted, April 9, 1993.

Chicago

Salin Bancshares, Inc., Indianapolis, Indiana —
engage de novo in lending activities.
Permitted, April 7, 1993.

Philadelphia

SUN Bancorp, Inc., Selinsgrove, Pennsylvania — to
engage de novo in credit related insurance through
Pennsylvania Life Insurance Company.
Approved, April 8, 1993.

Minneapolis

United BankersT Bancorporation, Inc., Bloomington,
Minnesota — to acquire the United Bankers1 Bank.
Returned, April 5, 1993.

Dallas

Winn Bancshares, Inc., Winnfield, Louisiana —
acquire Winn State Bank and Trust Company.
Returned, April 5, 1993.

San Francisco

Zions Bancorporation, Salt Lake City, Utah, and
American Bankers Insurance Group, Inc., Miami,
Florida — joint venture for American Bankers to
buy shares of Zions Life Insurance Company.
Approved, April 5, 1993.

to

transfer

to

to

H.2
APRIL 5, 1993
PAGE 5

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK MERGERS
Kansas City

Bank of Woodward, Woodward, Oklahoma, to merge with
Cimarron Bank, Waukomis, Oklahoma, and to establish
a branch.
Approved, April 9, 1993.

New York

Salamanca Trust Company, Salamanca, New York — to
purchase certain assets and assume certain
liabilities of the branch at 60 West Main Street,
Allegany, New York, of Chemical Bank, New York, New
York.
Approved, April 9, 1993.

BANK PREMISES
Kansas City

Friendly Bank of Oklahoma City, Oklahoma City,
Oklahoma — investment in bank premises.
Approved, April 5, 1993.

New York

Salamanca Trust Company, Salamanca, New York —
investment in bank premises.
Approved, April 9, 1993.

BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
Kansas City

White Crown Federal Credit Union, Denver, Colorado,
and North American Savings Bank, Grandview,
Missouri — registered lender status.
Withdrawn, April 8, 1993.

CAPITAL STOCK




Kansas City

Anadarko Jancshares, Inc., Bristow, Oklahoma —
redemption of shares.
Approved, April 6, 1993.

Kansas City

Sooner Southwest Bankshares, Inc., Bristow,
Oklahoma — redemption of shares.
Approved, April 6, 1993.

H .2
APRIL 5, 1993
PAGE 6

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CHANGE IN BANK CONTROL
Kansas City

Anadarko Bancshares, Inc., Bristow, Oklahoma —
change in bank control.
Permitted, April 6, 1993.

Minneapolis

Kerkhoven Bancshares, Inc., Kerkhoven, Minnesota —
change in bank control.
Returned, April 8, 1993.

Kansas City

Sooner Southwest Bankshares, Inc., Bristow,
Oklahoma — change in bank control.
Permitted, April 6, 1993.

COMPETITIVE FACTORS REPORTS




Kansas City

BANK IV Kansas, National Association, Wichita,
Kansas, proposed merger with The Farmers and
Merchants State Bank, Derby, Kansas — report on
competitive factors.
Submitted, April 8, 1993.

Boston

Cheshire County Savings Bank, Keene, New Hampshire,
proposed merger with The Monadnock Bank, Jaffrey,
New Hampshire — report on competitive factors.
Submitted, April 9, 1993.

St. Louis

Farmers State Bank of Palestine, Palestine, Illinois
proposed merger with New Bank — report on
competitive factors.
Submitted, April 6, 1993.

Cleveland

Mercer County State Bank, Sandy Lake, Pennsylvania,
proposed acquisition of certain assets and
assumption of certain liabilities of the
Clintonville branch of Mellon Bank, N.A.,
Greensburg, Pennsylvania — report on competitive
factors.
Submitted, April 7, 1993.

Kansas City

Sunflower Bank, National Association, Salina, Kansas
proposed merger with City Bank and Trust Company,
Wichita, Kansas — report on competitive factors.
Submitted, April 8, 1993.

H .2
APRIL 5, 1993
PAGE 7

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

EXTENSIONS OF TIME
San Francisco

BankAmerica Corporation, San Francisco, California —
extensions to divest certain properties.
Granted, April 6, 1993.

Minneapolis

Bowbells Holding Company, Bowbells, North Dakota —
extension to July 7, 1993, to acquire First
National Bank of Minot, Minot, North Dakota.
Granted, April 7, 1993.

Kansas City

First Liberty Capital Corporation ESOP, Hugo,
Colorado — extension to May 14, 1993, to acquire
First Liberty Capital Corporation.
Granted, April 7, 1993.

Richmond

NationsBank Corporation, Charlotte, North Carolina —
extension to July 13, 1993, to acquire the assets
of the Canadian affiliates of Chrysler First, Inc.,
Allentown, Pennsylvania.
Approved, April 9, 1993.

Atlanta

Tomoka Bancorp, Inc., Ormond Beach, Florida —
extension to July 9, 1993, to acquire Tomoka State
Bank.
Granted, April 7, 1993.

Kansas City

United Missouri Bancshares, Inc., Kansas City,
Missouri, and United Subsidiary, Inc. — extension
to June 30, 1993, to acquire Overland Park
Bancshares, Inc., Overland Park, Kansas, and CNB
Financial Corporation, Kansas City, Kansas.
Granted, April 5, 1993.

Atlanta

Volunteer State Bancshares, Inc., Portland, Tennessee
— extension to July 15, 1993, within which to
accomplish redemption of shares.
Granted, April 5, 1993.

MEMBERSHIP




Kansas City

OMNIBANK Commerce City, Commerce City, Colorado —
become a member of the Federal Reserve System.
Approved, April 7, 1993.

to

H.2
APRIL 5, 1993
PAGE 8

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Atlanta —
check operation area.
Approved, April 8, 1993.

to renovate the

ADDITIONS AND CORRECTIONS

H.2
APRIL 5, 1993
PAGE 9

TO

APRIL 9, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES

Chicago

Capital Directions, Inc., Mason, Michigan — to
engage de novo in consumer financial counseling,
investment or financial advisory activities, and
tax planning and preparation through Monex
Financial Services, Inc.
Returned, April 2, 1993.

COMPETITIVE FACTORS REPORTS




Atlanta

Island National Bank of Palm Beach, Palm Beach,
Florida, proposed merger with Island National Trust
Company — report on competitive factors.
Submitted, March 30, 1993.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Comment Period Ending Date
NONE

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Comment Period Ending Date

Application
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Fleet Financial Group,
Federal Register Not Yet Established
Inc., Providence, Rhode
Island - 4(c)(8)
notification to transfer Fleet
Factors Corporation, New York,
New York from Fleet Bank of New York,
Albany, New York, to Fleet
Financial Group, Inc.,
Providence, Rhode Island

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE

♦Subject to CRA




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date
NONE

Rating*

F e d e r a l R e s e rv e Bank o f New Y o rk

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
____________Notice Only___________
Chemung Canal Trust Company, Elmira, New York, to establish
an offsite electronic facility at Elmira College Campus Center,
Elmira Park Place, Elmira, New York.!/

5/1/93

Chemical Bank, New York, New York, to establish an offsite
electronic facility at 390 Park Avenue South, New York,
New York.l/

5/3/93

Banco Popular de Puerto Rico, Hato Rey, Puerto Rico, to
purchase certain assets and assume certain liabilities of
the U.S. and British Virgin Islands branches of Corestates Bank,
N.A., Philadelphia, Pennsylvania.!/

5/5/93

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
The Bank of New York Company, Inc., New York, New York, to
acquire 100 percent of the voting shares of National Community
Banks, Inc., West Paterson, New Jersey and to indirectly
acquire all of the voting shares of its subsidiary bank,
National Community Bank of New Jersey.1/

5/6/93 2/

China Trust Holding Corp., New York, New York, China Trust
Capital B.V., Amsterdam, the Netherlands, and China Trust
Holdings, Curacao, Netherlands Antilles, to acquire 100
percent of the voting shares of Trans Bankcorp, Inc.,
Monterey Park, California.!/

5/3/93 3/

Notice by Middletown Savings Bank Employee Stock Ownership
Trust, Middletown, New York, to acquire up to 10.4 percent of
the voting shares of MSB Bancorp, Inc., Middletown, New York.

4/15/93 4/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Chemical Banking Corporation, New York, New York, to engage
to a limited extent, in underwriting and dealing in debt
securities through its subsidiary, Chemical Securities, Inc.,
New York, New York.




4/29/93

Internationale Nederlanden Group N.V., Amsterdam, the
Netherlands, to engage de novo through its subsidiary,
Internationale Nederlanden (US) Securities Corporation,
New York, New York in providing securities brokerage services,
including full service brokerage services, and in providing
financial advisory services and to engage de novo through
its subsidiary, Nederlanden (US) Capital Corporation,
New York, New York in making, acquiring and servicing
loans.
5/3/93
SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.




Week E n d in g A p r i l 10.

NAME OF BANK

RATING

1993

EXAMINATION DATE

None.

1/
2/
3/
4/

Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
None.

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Founders Bank, Bryn Mawr, Pennsylvania, Notice filed on behalf of
Harold L. Yoh, Jr., John P. Follman and Robin Ledwith (alsp known as
James R. Ledwith) in his capacity as trustee of two trusts established
for the benefit of members of the Yoh and Follman families (collectively,
the "Notificants”) to own 18.58%, pursuant to the Change in Bank Control
Act of 1978.
Newspaper Comment Period Expires:
Fed. Reg. Comment Period Expires:

N/Avail.
4/26/93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
None.

1/ Subject to provisions of Community Reinvestment Act.
*

N/A - not yet available.




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending April 9, 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities•
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location
None




Examination Date

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending April 10, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE *

*
N
F
#

-

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(April 9, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act.
A public evaluation document became available
from the bank(s) listed below during the week ended April 9, 1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.




NONE

F e d e r a l R e se rv e Bank o f Richm ond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period Ending Date

First Union Corporation, Charlotte, North
Carolina, to have its subsidiary, Dominion
Bank of Washington, National Association,
Washington, D. C., purchase certain assets
and assume certain liabilities of the District
of Columbia branches of Meritor Savings, F.A.,
Winter Haven, Florida.*

5-6-93

First Union Corporation, Charlotte, North
Carolina, to have its subsidiary, Dominion
Bank of Maryland, National Association,
Rockville, Maryland, purchase certain
assets and assume certain liabilities of
the Silver Springs, Maryland, branch of
Meritor Savings, F.A., Winter Haven, Florida.*

5-6-93

First Union Corporation, Charlotte, North
North Carolina, to have its subsidiary,
Dominion Bank, National Association,
Roanoke, Virginia, purchase the assets
and assume certain liabilities of the
Virginia branches of Meritor Savings,
F.A., Winter Haven, Florida.*

5-6-93

First Union Corporation, Charlotte, North
North Carolina, to have its subsidiary, First
Union National Bank of Florida, Jacksonville,
Florida, merge with Meritor Savings, F.A.,
Winter Haven, Florida.*

5-6-93

First Virginia Bank, Falls Church,
Virginia, to establish a branch at
1490 North Point Village Center,
Reston, Virginia.*

5-10-93

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
None.

-'Application is subject to CRA requirements.




Comment Period Ending Date

F e d e r a l R e s e rv e Bank o f Richm ond

Section III - Applications Subiect to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
None.




-3F e d e r a l R e s e rv e Bank o f Richm ond

Availability of CRA Public Evaluations
Week ending April 9, 1993

Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.

An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate -income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.

An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.

An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate -income neighborhoods, in a manner
consistent with its resources and capabilities.
Examination
Date

None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 9. 1993

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

SunTrust Banks, Inc.
Atlanta, Georgia
Along with its second tier bank holding
company subsidiary, Sun Banks, Inc.,
Orlando, Florida, for their bank
subsidiary, Sun Bank, N.A., to acquire
the deposits of two branches of First
Federal Savings & Loan Association of
Osceola County, Kissimmee, Florida,
pursuant to Section 5(d)(3) of the Federal
Deposit Insurance Act, as amended by the
Federal Deposit Insurance Corporation Act
of 1991.

04-26-93*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

AmSouth Bancorporation
Birmingham, Alabama
To merge with the Mickler Corporation,
Clearwater, Florida, and thereby directly
acquire its bank subsidiary, The First
National Bank of Clearwater, Florida,
pursuant to Section 3(a)(5) of the Bank
Holding Company A c t .

Not yet available*

First State Bancshares of DeKalb County,
Inc. Fort Payne, Alabama
1-BHC-formation, First State Bank of DeKalb
County, Fort Payne, Alabama.

Not yet available*

Randolph Bancshares, Inc.
Wadley, Alabama
Change in control notice by Bobbie Saxon
Lett to acquire 27 percent of the
outstanding shares of common stock.

Not yet available*

♦Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 9. 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

P .C .B . Bancorp, Inc.
Largo, Florida
After-the-fact change in control notice
by Georgia Edward Feaster to retain 13.71
percent of the outstanding shares of
common stock.

04-29-93*
Federal Register

P.C.B. Bancorp, Inc.
Largo, Florida
After-the-fact change in control notice by
John Victor Phillipoff to retain 11.81
percent of the outstanding shares of common
stock.

04-29-93*
Federal Register

Trustmark Corporation
Jackson, Mississippi
To acquire UniSouth Banking Corporation,
Columbus, Mississippi, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Section 3 - Applications Subject

Application

to Federal Register Only

Comment Period Ending Date

Barnett Banks, Inc.
Jacksonville, Florida
To engage de novo in acting as agent
for issuers in private placement of
all types of securities, including
providing related advisory services,
and to buy and sell all types of
securities on the order of investors as
a "riskless principal", subject to the
limitations previously set forth by the
Board (c .f ., Bankers Trust New York
Corporation (75 Fed. Res. Bull., 829
(1989))., pursuant to Section 22.5.25 (b) (15)
of Regulation Y.




04-24-93*
Newspaper

04-22-93

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 9. 1993
Section 3 - Applications Subject

Application

to Federal Register Only

Comment Period Ending Date

Citizens Bancorp Investment, Inc.
Lafayette, Tennessee
To engage de novo through Town and Country
Finance Company, Lafayette, Tennessee, in
making, acquiring, and servicing loans or
other extensions of credit for its own
account and for the account of others, and
to engage in insurance agency and underwriting
activities, pursuant to Section 225.25(b) (1)
and 225.25(b)(8)(ii) of Regulation Y.

04-30-93

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Dadeland Bank
Miami, Florida
Request for increase in bank premises.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending April 9. 1993

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
Union Bank and Trust Company
Post Office Box 2191
Montgomery, Alabama 36197
(205)265-8201




Rating
Satisfactory

Date
12-28-92

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

Type

Application

Oakar

Citizens National Bancorp, Inc.
Darlington, Wisconsin
Darlington, Wisconsin branch of
Anchor Bank SSB
Madison, Wisconsin*

N

- 4-8-93

Membership

Community Bank of Elmhurst
Elmhurst, Illinois (in organization)
To become a member of the Federal
Reserve System*

N

- 4-5-93

Membership

Quad City Bank and Trust Company
Bettendorf, Iowa (in organization)
To become a member of the Federal
Reserve System*

N

- 4-5-93

Branch
Reg K-OT

Bank Mees & Hope N.V.
Rotterdam, The Netherlands
Establish a Representative Office at
300 Crescent Court
Dallas, Texas*

N

- **

Branch
Reg K-OT

Bank Mees & Hope N.V.
Rotterdam, The Netherlands
Establish an Agency office in New York,
New York*

N

- **

Branch

Isabella Bank and Trust
Mount Pleasant, Michigan
532 N. McEwan Street
Clare, Mi chigan*

N

-

Oakar

First Mutual Bancorp, M.H.C.
Decatur, Illinois
First Mutual Bank, S.B.
Decatur, Illinois*

N




4-9-93

**

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
(
Continued)
Comment Period
Ending Date

Type

Application

EFT

First of America Bank-Central
Lansing, Michigan
Five Oaks Party Store
2546 East Jolly Road
Lansing, Michigan*

N

- 4-22-93

Oakar

Shoreline Financial Corporation
Benton Harbor, Michigan
Berrien Springs, Michigan Branch of
Standard Federal Bank, FSB
Troy, Michigan*

N

- 4-19-93

Oakar

Shoreline Financial Corporation
Benton Harbor, Michigan
Edwardsburg, Michigan Branch of
Standard Federal Bank, FSB
Troy, Michigan*

N

- 4-19-93

Oakar

Shoreline Financial Corporation
Benton Harbor, Michigan
Hartford, Michigan Branch of
Standard Federal Bank, FSB
Troy, Mi chi gan *

N

- 4-19-93

Oakar

Shoreline Financial Corporation
Benton Harbor, Michigan
Three Oaks, Michigan Branch of
Standard Federal Bank, FSB
Troy, Michigan*

N

- 4-19-93

Branch

Lapeer County Bank & Trust Co.
Lapeer, Michigan
6002 N. Lapeer Road
Nor th Bran ch, Mi chi gan *

N

- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspape:
Register Notice

and Federal
Comment Period
Ending Date

Type

Applies tion

CoC-HC

Elcho Bancorporation, Inc.
Altoona, Iowa
Jo & Verle Burgason; Marguerite
Sevde; Delilah Shaw & Charles L.
Ryan as Trustee*

FR - **
NP - **

Y-2

First Neighborhood Bancshares, Inc.
Toledo, Illinois
Newman Bancshares, Inc.
Newman, Illinois
First State Bank of Newman
Newman, Illinois*

FR - 3-25-93
N
- 4-10-93

CoC-HC

Cascade Bancorporation, Inc.
Venice, Florida
Delilah Shaw*

FR - **
N
- **

Y-l

Quad City Holdings, Inc.
Bettendorf, Iowa
Quad City Bank and Trust Company
Bettendorf, Iowa (in organization)*

FR - 4-15-93
N
- 3-28-93

Y-l

GFH Corp.
Elmhurst, Illinois
Community Bank of Elmhurst
Elmhurst, Illinois (in organization)*

FR N
-

Y-2

Associated Banc-Corp
Green Bay, Wisconsin
Wausau Financial Corporation
Wausau, Wisconsin
Citizens Bank & Trust
Wausau, Wisconsin*

FR - 4-9-93
N
- 4-15-93

CoC-HC

Minowa Banshares, Inc.
Decorah, Iowa
Stephen J. Lyon, as Executor of
the Estate of George Lyon

FR - 4-12-93
N
- 3-24-93

Y-!

NJIC, Inc.
Naperville, Illinois
WestBank/Napervilie
Naperville, Illinois
WestBank/Will County
Joliet, Illinois*

FR - 4-19-93
N - 4-24-93




4-5-93
4-5-93

Federal Reserve Bank of Chicago

Type

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(
Continued)
Comment Period
,
Application
Ending Date

Y-l

Huntley Acquisition Corp.
Palatine, Illinois
State Bank of Huntley
Huntley, Illinois*

FR - 4-26-93
N . **

Y-2

Suburban Bancorp, Inc.
Palatine, Illinois
Huntley Bancshares, Inc.
Huntley, Illinois
State Bank of Huntley
Huntley, Illinois*

FR - 4-26-93
N - **

Y-l

Farmers & Traders Bancshares, Inc.
Shabbona, Illinois
Farmers and Traders State Bank
Shaboona, Illinois*

FR - 4-26-93
N - **

Y-l

First Mutual Bancorp, M.H.C.
Decatur, Illinois
First Mutual Bank, S.B.
Decatur, Illinois*

FR - 4 r29-93
N - **

Y-l

First Bancozporation, Inc.
Sparta, Wisconsin
First Bank of Sparta
Sparta, Wisconsin*

COC-HC

ASB Bankcorp, Inc.
Adrian, Mi chigan
Fern Shierson and Douglas J.
Shierson (acquire 6.5%--current
ownership is 9.46%)

Y-l

FMSB Bancorp
Neola, Iowa
Farmers & Merchants State Bank
Neola, Iowa*

Y-l




Peoples Financial Corporation
Colfax, Illinois
Peoples State Bank
Colfax, Illinois*

FR JV

-

5-6-93
**

FR - 5-3-93
N
- **

FR - **
N

- **

FR - **
N - **

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Comment Period
Ending Date

zym

Application

Y-4

Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois--Execute and clear
commodity futures contracts

FR - 4-9-93

4 (c) (8)

Comerica Incorporated
Detroit, Michigan
ComeriComp, Incorpora ted
Detroit, Mi chigan

FR - 4-30-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Guaranty Asset Protection Services, Inc.
West Hills, California

FR - 4-19-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
Shelter Mortgage Corporation
Milwaukee, Wisconsin

FR - 4-19-93

Y-4

Guaranty Financial, M.H.C.
Milwaukee, Wisconsin
6700 Corporation
West Hills, California

FR - 4-19-93

4 (C) (8)

Rake Bancorporation
Rake, Iowa
Making and servicing of loans

FR - 4-14-93

Y-4

Caisse Nationale de Credit Agricole
Paris, France
Credit Agricole Futures, Inc.
New York, New York --Execute, clear,
provide investment advisory services

FR -

4(c) (8)

LeMars Bancorporation, Inc.
Le Mars, Iowa
De novo in making and' servicing loans

FR - 4-5-93




**

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(Continued)
Comment Period
Ending Date

Txm

Application

SMB-OT

Comerica Bank
Detroit, Michigan
ET-92 Limited Dividend Housing
Association Limited Partnership
Detroit, Michigan

FR - **

4 (c)

Comerica Incorporated
Detroit, Michigan
ET-92 Limited Dividend Housing
Association Limited Partnership
Detroit, Mi chigan

FR - 4-6-93

4 (c) (8)

Alliance Financial Corporation
New Buffalo, Michigan
Alliance Financial Services Corporation
New Buffalo, Michigan - Securities
brokerage activities

FR - 4-26-93

4 (c) (8)

Capital Directions, Inc.
Mason, Mi chigan
Monex Financial Services, Inc.
Mason, Michigan - consumer financial
counseling, investment or financial
advice & tax planning & preparation

FR - 4-26-93

Y-4

FBOP Corporation
Oak Park, Illinois
Fairfield Financial Corporation
Oak Park, Illinois

FR - **

4(c) (8)

Comerica Incorporated
Detroit, Mi chigan
Comer ica Community Development
Corporation
De troi t, Mi chi gan

FR - 4-27-93

4 (C)

Marquette National Corporation
Chicago, Illinois
Marquette Community Development
Corporation
Chicago, Illinois

FR - 4-27-93

(8)

(8)




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
(
Continued)
Comment Period
Ending Date

Type

Application

4 (c) (8)

Clare Bancorporation, Inc.
Platteville, Wisconsin
Making or acquiring loans for the
company's account

FR - 4-29-93

4 (c) (8)

Montfort Bancorporation, Inc.
Platteville, Wisconsin
Making or acquiring loans for the
company's account

FR - 4-29-93

Y-4

Iowa National Bankshares Corp.
Waterloo, Iowa
MidAmerica Financial Corporation
Waterloo, Iowa

FR - 3-12-93
N
- 4-3-93

Y-4

Continental Bank Corporation
Chicago, Illinois
Repechage Partners Ltd.
Chicago, Illinois

FR - **

Y-4

FMSB Bancorp
Neola, Iowa
Hall Insurance Agency
Neola, Iowa

FR - **




Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper
Notice
Type

Application

RoS

Cascade Bancorporation, Inc.
Venice, Florida
to redeem 4,375.00 of common voting shares &
11,314.66 common nonvoting shares
outstanding

RoS

Wabeno Bancorporation, Inc.
Altoona, Iowa
to redeem a portion of shares currently
owned by Cascade Bancorporation, Inc.

RoS

Maxwell Bancorporation
Maxwel1, Iowa
to redeem the entire stock ownership from
certain shareholders

N
FR
*
**

-

Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve Bank
of Chicago for compliance with the CRA. The 30-business day period the bank has
to make the evaluation public has lapsed during the week ending April 09, 1993.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-Chemical Bank Bay Area
213 Center Avenue
Bay City, Michigan
48708
(517) 895-8521

12/28/92

S

-Community State Bank
108 South Main
Avilla, Indiana
46710
(219) 897-3361

1/04/93

S

-Bank of Reynolds
Highway 24 West
Reynolds, Indiana
(219) 984-5471

1/04/93




47980
S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING APRIL 9, 1993

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE

Application

End of Comment Period

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
^Section 3(a)(3) application by
Trans Financial Bancorp, Inc.,
Bowling Green, Kentucky to acquire
Trans Kentucky Bancorp, Pikeville,
Kentucky

End of Comment Period

Newspaper:

5-5-93

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

Section 4(c)(8) notification by
First National Security Company,
DeQueen, Arkansas to engage de novo
in making commercial loans

4-26-93

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
None.*

*This appliction is subject to CRA.




End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs

An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs

An institution in this group has a satisfactory record of ascertaining and helping to meet the credit
needs of its entire delineated comm
unity, including low- and moderate- income neighborhoods, in a
manner consistent w its resources and capabilities.
ith
Needs to im prove record o f meeting community credit needs

An institution in this group needs to improve its overall record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncom pliance in meeting community credit needs

An institution in this group has a substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent w its resources and capabilities.
ith
FOR THE WEEK ENDING

Name of Bank

None




Bank Address

April 9, 1993

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Endinci Date

Application
Community Trust Company
Sioux Falls, SD
To become a member of the
Federal Reserve System

Not yet available

Norwest Corporation, Mpls, MN
and its subsidiary Norwest
Colorado, Inc., Mpls, MN
For their subsidiary bank Norwest
Bank Denver, N.A., Denver, Co, to
acquire certain assets and assume
certain liabilities located at
certain Colorado offices of First
Nationwide Bank, fsb, San Francisco,
CA

Not yet available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Ending Date

215 Holding Co.,
Mpls MN
To acquire 100% of the voting
shares of the Southwest Bancorporation, Inc., Mpls, MN*

Not yet available

215 Holding Co.,
Mpls, MN
To acquire 100% of the voting
shares of the Southeast Bancorporation, Inc., Mpls, MN*

Not yet available

The Merchants Holding Company
Winona, MN
To acquire 100% of the voting shares
of Houston Investments, Inc., Mpls, MN*

Not yet available

* Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date

Application
Lee D . Cameron
To increase his ownership interests
from 24.92% to 26.00% of First National
Agency Company of Deer River, Inc.,
Deer River, MN

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application

Comment Period
Ending Date

Gaylord Bancorporation, Ltd.
Gaylord, MN
To engage de novo in making
and servicing loans, invest­
ment or financial advice,
arranging commercial real
estate equity financing, and
securities brokerage.

Not yet available

Norwest Corporation
Mpls, MN
To engage in underwriting credit
life and credit accident and health
insurance in connection with exten­
sions of credit made by Applicant
and its subsidiaries through the
acquisition of 100% of the stock of
Blue Spirit Insurance, Inc.,
Phoenix, AZ.

Not yet available

Norwest Corporation
Mpls, MN
To engage in general insurance
agency activities through the
acquisition of certain assets of
Citicorp Agency Services, Inc.,
Phoenix, AZ.

Not yet available

Norwest Corporation
Mpls, MN
To engage in securities brokerage
activities through the acquisition
of certain assets of Citicorp In­
vestment Services, Inc. and Citicorp
Agency Services, Inc., Phoenix, AZ.

Not yet available




Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.




FEDERAL RESERVE BANK OF M INNEAPOLIS

Section V - Availability of
CRA Public Evaluations
week ending April 9, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK ( ) EXAMINED
S

DATE OF EXAMINATION

CRA RATING

Tri-County State Bank
of Ortonville
P. 0. Box 306
Ortonville, MN 56278
(612) 839-6123

January 4, 1993

Satisfactory

The State Bank of Townsend
P. 0. Box 488
Townsend, MT 59644
(406) 266-3176

January 5, 1993

Outstanding




Federal Reserve Bank of Kansas City

SECTIO N I

- A PPL IC A T IO N S SUBJECT TO NEWSPAPER NO TICE ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION I I - APPLICATIO NS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

APPLICATION

COMMENT PERIOD ENDING DATE

Commerce Bancshares, Inc., and CBICentral Kansas, Inc., both of Kansas
City, Missouri, for prior approval to
acquire 100 percent of the voting
shares of Midwest Bancorporation,
Inc., Hays, Kansas.*

April 19, 1993

CTC Bancorp, Inc., Fayette, Missouri,
for prior approval to become a bank
holding company through the
acquisition of 100 percent of the
voting shares of Commercial Trust
Company of Fayette, Fayette,
Missouri.*

April 19, 1993

Fourth Financial Corporation,
Wichita, Kansas, for prior approval
to acquire 100 percent of the voting
shares of The Farmers & Merchants
State Bank, Derby, Kansas.*

April 19, 1993

Paul M. Hefti, Non-Qualifying Trust,
Scottsbluff, Nebraska, to increase
its ownership of First State
Bancshares, Scottsbluff, Nebraska,
from 32.68 percent to 32.77 percent;
and for Paul M. Hefti, II,
Scottsbluff, Nebraska, and Kay Hefti
Coletti, Laramie, Wyoming, to
increase their voting control to
50.94 percent and 49.40 percent,
respectively.

April 20, 1993

Liberty Bancorp, Inc., Oklahoma City,
Oklahoma, for prior approval to
acquire 100 percent of the voting
shares of First Oklahoma Bank & Trust
C o ., Edmond, Oklahoma.*

Not Available




Federal Reserve Bank of Kansas City

Citizens Bancshares of El Reno, Inc.,
El Reno, Oklahoma, for prior approval
to become a bank holding company
through the acquisition o f '90.9
percent of the voting shares of
Citizens National Bank & Trust Co. of
El Reno, El Reno, Oklahoma.*

Not Available

FEO Investments, Inc., Hoskins,
Nebraska, for prior approval to
acquire 100 percent of the voting
shares of Elkhorn Valley Bank,
Norfolk, Nebraska.*

Not Available

O r chard Valley Financial Corporation,
Hotchkiss, Colorado, for prior
approval to acquire up to 15 percent
of the voting shares Megabank
Financial Corporation, Englewood,
C o l o r a d o .*

Not Available

Helen M. Rogers, Spencer, Oklahoma,
for prior approval to increase her
p r o p o r tionate ownership interests in
Spencer Bancshares, Inc., Spencer,
Oklahoma, from 23.9 percent to 35.7
percent.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
A PPLICATION

COMMENT PERIOD ENDING DATE

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
A PPLICATION
None.

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each
institution's CRA performance, a rating is
following groups:




insured de p o s i t o r y
assigned from the

Federal Reserve Bank of Kansas City

Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and m o d e r a t e income
neighborhoods,
in a manner
consistent
with
its
resources and capabilities.

Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and m o d erateincome
neighborhoods,
in a manner
consistent
with
its
resources and capabilities.

Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and mo d e r a t e income
neighborhoods,
in a manner
consistent
with
its
resources and capabilities.

Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and mod e r a t e income
neighborhoods,
in a manner
consistent
with
its
resources and capabilities.

Bank/Location

Exam Date

None.
*

*Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 5, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

** NOTICE EXP

Change in Control Notice by
Bobby Max Ham, Crosbyton, TX, to acquire
an interest in Citizens Bancshares, Inc.,
Crosbyton, TX

N/A

Change in Control Notice by
Paul Gerard heafy, Oklahoma City, OK, to acquire
an interest in Parker County Bancshares, Inc.,
Weatherford, TX

N/A

♦Section 3(a)(1) application by
NETEX Bancorporation, Pittsburg, TX, to acquire
First State Bank, Pittsburg, Tx

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.

* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF APRIL 5. 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 4/09/93
Section I - Applications Subject to Newspaper Notice Only
ADDlication

Comment Period Endina Date

First Interstate Bank of California, Los
Angeles, California, to establish a branch
office at 13255 Black Mountain Road, Rancho
Penasquitos, California. *

Newspaper:

5/01/93

First Interstate Bank of California, Los
Angeles, California, to establish a branch
office at 8011 University Avenue, La Mesa,
California. *

Newspaper:

5/01/93

First Interstate Bank of California, Los
Angeles, California, to establish a branch
office at the northwest corner of Alameda
Street and Compton Boulevard, Los Angeles,
California. *

Newspaper:

5/01/93

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Columbia Banking System, Inc., Bellevue,
Washington, to become a bank holding company
by acquiring Columbia National Bancshares,
Inc., and it subsidiary Columbia National
Bank, both located in Longview, Washington. *

Newspaper:

5/02/93

Fed. Reg.:

5/10/93

Section III - Applications Sub.iect to Federal Register Notice Only
Application

Comment Period Ending Date

Columbia Banking System, Inc., Bellevue,
Washington, to engage in certain nonbanking
activities through the retention of its
subsidiary, Columbia Savings Bank, A Federal
Savings Bank, Bellevue, Washington.

Fed. Reg.:

5/10/93

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
* Subject to CRA




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)
Week ending 4/09/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending April 9, 1993. Information about a particular institution’s
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

* Under the rating system an institution’s CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102