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ANNOUNCEMENT
BOARD OF GOVER N O R S
OF T H E
FEDERAL R E S E R V E SYSTEM

H. 2,/1^91, NO. 17
Action^
v
the Board, its Staff, and
Vthe Federal" R e s e r v e Banks;
Applications?,jand R e ports Received
During\ th^, W d d k ' E n d i n g April 27, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY

STATEMENTS
Banking reform bills: H.R. 6, the Deposit Insurance
and Regulatory Reform Act; H.R. 15* the Depositor
Protection Act; and H.R. 1505* the Financial
Institutions Safety and Consumer Act — statement
by Chairman Greenspan before the Financial
Institutions Subcommittee of the House Committee on
Banking* Finance and Urban Affairs* April 30* 1991.
Authorized* April 26* 1991.
Federal Reserve’s responsibilities with respect to
the financial services industry — statement by
Governor LaWare before the Subcommittee on Economic
Stabilization of the House Committee on Banking*
Finance and Urban Affairs* April 24* 1991.
Authorized* April 22* 1991.

BANK B l i lNg COMPANIES
flB
Fleet / Norstar Financial Group* Inc.* Providence*
Rhode Island — to enter into an interim management
contract with the Federal Deposit Insurance
Corporation to provide management support to New
Bank of New England* N.A.* Boston* Massachustts;
New Maine National Bank* Portland* Maine; and New
Connecticut Bank & Trust Company* Hartford*
Connecticut* which were formed to acquire the
assets and assume the deposits and other
liabilities of the subsidiary banks of Bank of New
England Corporation* Boston* Massachusetts.
Announced* April 24* 1991.
LQEM
S




Notification Required Pursuant to Section 221.23(h)
of Regulation K on Acquisitions Made by Foreign
Banking Organizations (FR 4002) — extension.
Approved* April 26* 1991.
Ongoing Intermittent Survey of Households (FR 3016)
— extension.
Approved* April 26* 1991.
Regulation K Reporting Requirements (FR K-1) —
extension.
Approved* April 26* 1991.

H.2
APRIL 21, 1991
PAGE 2

TO

APRIL 26, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

FORMS
Report of Changes in Foreign Investments (FR 2064) —
extension.
Approved, April 26, 1991.
Report of Intercompany Transactions for Foreign
Banking Organizations and Their U.S. Bank
Subsidiaries (FR Y-8f) — extension.
Approved, April 26, 1991.

BESVLAIIQN5 M B EflMOIS
Regulation BB — final rule to implement changes in
the Community Reinvestment Act contained d n the
i
Financial Institutions Reform, Recovery and
Enforcement Act with respect to CRA examinations.
Approved, April 22, 1991.
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

B M K B R A N C H S B.PMESIIC




Chicago

Farmers State Bank of Waupaca, Waupaca, Wisconsin —
to establish a branch at N2699 - N2703 County QQ,
King, Wiscons in.
Approved, April 22, 1991.

Richmond

Signet Bank / Maryland, Baltimore, Maryland — to
establish an Electronic Funds Transfer Facility at
220 Cypress Street, Salisbury, Maryland, and 2300
North Salisbury Boulevard.
Approved, April 24, 1991.

Dallas

Silsbee State Bank, Silsbee, Texas — to establish a
branch at Highway 96 South, Lumberton, Texas.
Approved, April 23, 1991.

Atlanta

Southern Heritage Savings Bank, Winterville,
Georgia — to establish a branch at 247 West
Clayton Street, Athens, Georgia.
Approved, April 25, 1991.

H. 2
APRIL 21,
PAGE 3

1991

TO

APRIL 26, 1991

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

IM K

h o l d i n g com panies




Atlanta

CBW Bancorp* Crawsfordsville* Florida —
the Citizens Bank of Wakulla.
Approved* April 24* 1991.

to acquire

S t . Louis

Crawford Bancorp* Inc.* Robinson* Illinois —
proposal that Peoples Federal Building and Loan
Association* Oblong* Illinois* acquire Peoples
Building and Loan Association of Oblong* which was
formed to acquire Crawford County State Bank*
Robinson* Illinois.
Approved* April 25* 1991.

Dallas

CTB Financial Corporation* Choudrant* Louisana —
acquire Community Trust Bank.
Approved* April 22* 1991.

Richmond

FCNB Corp.* Frederick* Maryland — to acquire FCNB
Federal Savings Bank* which would acquire three
branches of Equitable Federal Savings Bank*
Wheaton* Maryland* and for Frederick County
National Bank* Frederick* to purchase the assets
and assume the liabilities of FCNB Federal Savings
Bank.
Approved* April 22* 1991.

Kansas City

First Community Bancshares* Inc.* Lone Grove*
Oklahoma — proposal that an interim thrift*
Community Savings and Loan Association* Ardmore*
Oklahoma* acquire certain assets and assume certain
liabilities of the Ardmore branch of First Federal
Savings and Loan Association* Chickasha* Oklahoma.
Approved* April 22* 1991.

Chicago

First National Bancorp* Inc.* Monroe* Wisconsin — to
acquire Citizens State Bank* Belleville* Wisconsin.
Approved* Abril 26* 1991.

Chicago

FSB Bancorp* Wever* Iowa —
Savings Bank.
Approved* April 24* 1991.

to acquire Farmers

to

H.2
APRIL 21, 1991
PAGE 4

TO

APRIL 26, 1991

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

BANK HOLDING COMPANIES




Cleveland

Integra Financial Corporation* Pittsburgh*
Pennsylvania — to engage de novo in non-depository
lending activities through Integra Leasing Company.
Permitted* April 21 * 1991.

Kansas City

Larimer Bancorporation* Inc.* Fort Collins*
Colorado — to acquire First Interstate Bank of
Fort Collins, N.A.
Approved* April 23* 1991.

Chicago

Midlothian State Bank Employee Stock Ownership Trust*
Midlothian* Illinois — to acquire additional
shares of Midlothian State Bank.
Approved* April 22* 1991 .

Minneapolis

Siouxland Bank Holding Company* Sioux Falls* South
Dakota — to acquire Dakota Bankshares* Inc.*
Fargo* North Dakota.
Returned* April 23* 1991.

Staff Director
BS&R

Somerset Bankshares* Somerville* Massachusetts —
relief from certain reporting requirements.
Granted* April 23* 1991.

Secretary

Vista Bancorp* Inc.* Phillipsburg* New Jersey -proposal that VAC* Inc. acquire the 308 Roseberry
Street and 48 W. Washington Street branches of
First Atlantic Federal Savings Association* South
Plainfield* New Jersey* which was formed to acquire
certain assets and assume certain liabilities of
First Atlantic Federal Savings Association.
Approved* April 23* 1991 *

H.2
APRIL 21,
PAGE 5

1991

TO

APRIL 26,

1991

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

BANK MERGERS
Chicago

Chemical Bank Bay Area, Bay City, Michigan — to
assume deposit liabilities and acquire certain
loans of the Marlette office, 2593 S. VanDyke,
Marlette, Michigan, of Old Kent Bank-Central,
Owosso, Michigan.
Approved, April 23, 1991.

Kansas City

United New Mexico Bank at Albuquerque, Albuquerque,
New Mexico — to merge with United New Mexico Bank
at Rio Rancho, Rio Rancho, New Mexico.
Approved, April 26, 1991.

BANK PREMISES
Kansas City

Bank of Laramie, Laramie, Wyoming —
bank premises.
Approved, April 26, 1991.

investment in

S t . Louis

Bank of Ste. Genevieve, Ste. Genevieve, Missouri —
investment in bank premises.
Approved, April 25, 1991.

Chicago

Farmers State Bank of Waupaca, Waupaca, Wisconsin —
investment in bank premises.
Approved, April 23, 1991.

CAPITAL STOCK
Chicago

First Colonial Bankshares Corporation, Chicago,
Illinois — redemption of shares.
Approved, April 25, 1991.

COMPETITIVE FACTORS REPORTS




Chicago

Adrian State Bank, Adrian, Michigan, proposed
purchase of certain assets and assumption of
certain liabilities of a branch of Standard Federal
Bank, F.S.B., Troy, Michigan — report on
competitive factors.
Submitted, April 23, 1991.

H.2
APRIL 21, 1991
PAGE 6

TO APRIL 26, 1991

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

COMPETITIVE FACTORS REPORTS




San Francisco

Alleghany Corporation, New York, New York, and
Alleghany Financial, Inc., proposed acquisition of
Gold River Federal Savings Bank, Fair Oaks,
California; and merger of Sacramento Savings Bank,
Sacramento, California, with Gold River Federal
Savings Bank — report on competitive factors.
Submitted, April 26, 1991.

Chicago

American National Bank of DeKalb, DeKalb, Illinois,
proposed merger with Farmers and Merchants Bank,
Sycamore, Illinois, and The American National Bank
of DeKalb County — report on competitive factors.
Submitted, April 25, 1991.

San Francisco

Downey Savings and Loan Association, Newport Beach,
California, proposed purchase of assets and
assumption of liabilities of three branches of
Western Federal Savings and Loan, Marina Del Ray,
California — report on competitive factors.
Submitted, April 22, 1991.

Boston

Eastern Bank, Lynn, Massachusetts, proposed
acquisition of certain assets and assumption of the
liability to pay certain deposits in the One Main
Street, Peabody, Massachusetts, branch of Neworld
Bank, Boston, Massachusetts — report on
competitive factors.
Submitted, April 24, 1991.

Cleveland

Estill Federal Savings Bank, Irvine, Kentucky,
proposed merger with First Financial Shares, Inc.,
Richmond, Kentucky — report on competitive
factors.
Submitted, April 26, 1991.

Dallas

First Bank Mainland, Lamarque, Texas, proposed
acquisition of Dickinson State Bank, Dickinson,
Texas — report on competitive factors.
Submitted, April 23, 1991.

H.2
APRIL 21, 1991
PAGE 7

TO APRIL 26, 1991

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELE6ATED AUTHORITY

COMPETITIVE FACTORS REPORTS




St. Louis

First State Bank, Kenton# Tennessee# proposed
acquisition of the Union City and South Fulton#
Tennessee# branches of First American National
Bank# Nashville# Tennessee — report on competitive
factors.
Submitted# April 25# 1991.

Chicago

Indiana United Bancorp# Greensburg# Indiana# proposed
acquisition of Regional Federal Savings Bank# New
Albany# Indiana — report on competitive factors.
Submitted# April 25# 1991.

Hew York

Interchange State Bank# Saddle Brook# New Jersey#
proposed merger with the Park Ridge# New Jersey#
branch of The Howard Savings Bank# 165 Kinderkamack
Road — report on competitive factors.
Submitted# April 25# 1991.

Secretary

Key Bank of Central New York# N.A.# Syracuse# New
York# and Key Bank of Western New York# N.A#
Buffalo# New York# proposed merger with Key Bank of
Eastern New York# N.A.# Albany# New York — report
on competitive factors.
Submitted# April 23# 1991.

San Francisco

National Security Bank, Newport, Oregon, proposed
acquisition of Pacific First Bank# F.S.B.# Lincoln
City# Oregon — report on competitive factors.
Submitted# April 22# 1991.

Boston

Proctor Bank# Rutland# Vermont# proposed merger with
First Twin - State Bank# White River Junction#
Vermont — report on competitive factors.
Submitted# April 23# 1991.

Dallas

San Juan State Bank# San Juan# Texas# proposed merger
with New San Juan Bank — report on competitive
factors.
Submitted# April 22# 1991.

H.2
APRIL 21,
PAGE 8

1991

TO

APRIL 26,

1991

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

COMPETH I V E £ACTfifiS REPORTS
Atlanta

Southern Bank of Central Florida, Longwood, Florida,
proposed acquisition of certain assets and
assumption of the liability to pay deposits of
three branches of Florida Federal Savings, F.S.B.,
St. Petersburg, Florida — report on competitive
factors.
Submitted, April 23, 1991.

Chicago

Summit Bank of Muncie, Muncie, Indiana, proposed
merger with The Parker Banking Company, Parker
City, Indiana — report on competitive factors.
Submitted, April 23, 1991.

EKTENSl pNS fi£ HUE




Chicago

Byron Center State Bank, Byron Center, Michigan —
extension to July 11, 1991, to establish a branch
at 4595 - 32nd Avenue, Hudsonville, Michigan.
Granted, April 23, 1991.

San Francisco

First Interstate Bancorp, Los Angeles, California —
extensions to divest certain properties.
Granted, April 24, 1991.

Minneapolis

Hayward Bancshares, Inc., Hayward, Wisconsin —
extension to May 24, 1991, to acquire Peoples
Bancshares of Hayward, Inc.,and Peoples National
Bank of Hayward.
Granted, April 24, 1991.

Chicago

Hi - Bancorp, Inc., Highwood, Illinois — extension
to July 26, 1991, to acquire GNP Bancorp, Inc.,
Mundelein, Illinois, and the New Century Bank.
Granted, April 25, 1991.

San Francisco

Mitsui Taiyo Kobe Bank, Limited, Tokyo, Japan —
extension to August 7, 1991, to acquire additional
shares of Security Pacific Financial Services
System, Inc., San Diego, California, and SPFSS,
Inc.
Granted, April 23, 1991.

H .2
APRIL 21, 1991
PAGE 9

TO

APRIL 26,

1991

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

EXTENSIONS Q Z I I M
San Francisco

Security Pacific Corporation, Los Angeles, California
— extension to divest certain property.
Granted, April 23, 1991.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to July 27, 1991, to acquire BHC Holdings, Inc.,
Philadelphia, Pennsylvania, and engage in
securities brokerage activities.
Granted, April 23, 1991.

San Francisco

U.S. Bancorp, Portland, Oregon —
divest certain properties.
Granted, April 25, 1991.

San Francisco

Verdugo Banking Company, Glendale, California — to
become a member of the Federal Reserve System.
Returned, April 24, 1991.

extensions to

MEMBERSHIP

REGULATIONS AND POLICIES
Chairaan

Board of Governors of the Federal Reserve System —
submission of the annual report for 1990 to the
Congress.
Approved, April 26, 1991.

RESERVE BANK OPERATIONS
Director, FRBO

Federal Reserve Bank of New York —
equipment.
Approved, April 23, 1991.

to purchase

SECURITIES REGULATION




Staff Director
BS&R

Over-the-counter stocks — revised list of OTC stocks
subject to margin requirements, and a list of
foreign stocks, effective May 13, 1991.
Published, April 26, 1991.

F E D E R A L RES E R V E B A N K OF BOSTON A P PLICATIONS

S E C T I O N I - A P P L I C A T I O N S S U BJECT TO
N E W S P A P E R N O TICE ONLY
Application

Comment Period E n d i n g Date

NONE

S E C T I O N II ~ A P P L I C A T I O N S S U B J E C T TO BOTH
N E W S P A P E R A N D F E D E R A L R E G I S T E R NO T I C E
Application

Comment Period E n d i n g Date

NONE

S E C T I O N III - A P P L I C A T I O N S SU B J E C T TO
F E D E R A L R E G I S T E R NOTICE ONLY
Application

Comment Peri o d E n d i n g Date

NONE

S E C T I O N IV ~ A P P L I C A T I O N S NOT SU B J E C T TO
F E D E R A L R E G I S T E R OR N E W S P A P E R NOTICE
Application

NONE

S E C T I O N V - A V A I L A B I L I T Y OF CRA PUBLIC EV A L U A T I O N S

NONE
♦Subject to CRA




Federal Reserve Bank of New York

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only_________
Trustco Bank New York, Schenectady, New York to merge
with Home & City Savings Bank, Albany, New York.l/

5/25/91

Adirondack Trust Company, Saratoga Springs, New York to
establish an offsite elctronic facility at The Saratoga
Hospital, 211 Church Street, Saratoga, New York.l/

5/15/91

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Banco de Santander, S.A. de Credito, Santander, Spain to
acquire up to 24.1% of the voting shares of First Fidelity
Bancorporation, Lawrenceville, New Jersey and thereby to
acquire indirectly First Fidelity Incorporated, Newark,
New Jersey; Fidelcor, Inc., Rosemont, Pennsylvania;
Merchants Bancorp, Inc., Allentown, Pennsylvania; Number
One State Bank, Inc., Wilkes-Barre, Pennsylvania; First
Fidelity Bank, N.A., New Jersey, Newark, New Jersey; First
Fidelity Bank, N.A., North Jersey, Totowa, New Jersey;
First Fidelity Bank, N.A., South Jersey, Burlington
Township, New Jersey; Morris Savings Barik, Morristown,
New Jersey; Fidelity Bank, N.A., Malvern, Pennsylvania;
Merchants Bank, N.A., Allentown, Pennsylvania; Merchants
Bank, North, Wilkes-Barre, Pennsylvania; and Fidelity Bank
Delaware, New Castle, Delaware; Banco de Santander to
acquire the nonbanking subsidiaries of First Fidelity
Bancorporation.1/
5/25/91 3/
RNYC Holdings Limited, The Cayman Islands, British West
Indies to become a bank holding company with respect to
Republic New York Corporation and its subsidiaries,
Republic National Bank of New York and The Manhattan
Savings Bank, all of New York, New York; Saban S.A.,
Panama City, the Republic of Panama to acquire RNYC
Holdings Limited and its subsidiaries; RNYC Holdings
Limited to acquire indirectly certain direct and
indirect non-bank subsidiaries of Republic New York
Corporation.1/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.




5/24/91 3/

Federal Reserve Bank of New York

Comment Period
Ending Date

SECTION IV
Applications Not Involving
______ Public Comment______
None.

Availability of CRA Public Evaluations
Week Ending April 27, 1991
NAME OF BANK

EXAMINATION CATE

Salamanca Trust Company
Salamanca, New York

August 27, 1990

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.
N/A - Not Available
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.




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
Comment Period Ending Date
National Penn Bancshares, Inc., Boyertown,
PA to acquire 100% of Sellersville Savings
Bank, Perkasie, PA, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Newspaper:
Federal Register:

5/16/91
N/A*

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date

Dauphin Deposit Corporation, Harrisburg, PA to
acquire 100% of Hopper Soliday & Co., Inc.,
Philadelphia, PA, pursuant to Section 4(c)(8)
of the Bank Holding Company Act.

N/A*

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.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

For week endincr 4/26/91

Institutions
Security First Bank
Media, PA




Examination Date
12/17/90

Federal Reserve Bank of Cleveland
A p p lic a tio n s B u lle tin
F o r Week E n d in g A p r i l 2 7 , 1 9 9 1

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

NONE

SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

NONE

SECTION I I I

- APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

R e c e i v e d S e c t i o n 4(c)(8) appl i c a t i o n
on April 1, 1991, from Provident
Bancorp, Inc., Cincinnati, Ohio, to
a cquire H u n t e r Savings Association,
Cincinnati, Ohio.

M a y 14, 1991

R e c e i v e d S e c t i o n 4(c)(8) a p p l ication on
April 19, 1991 from Hun t i n g t o n Bancshares
Incorporated, Columbus, Ohio, to p u r c h a s e
ce r t a i n asse t s and a s sume all deposit
l i a b ilities of five (5) Cincinnati, Ohio,
b r a n c h e s of T r a n s O h i o Savings Bank, Cleveland,
Ohio.

M a y 15,

1991

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE *

*
#
N
F

-

S u b j e c t to CRA
E x p e c t e d to end a p p r o x i m a t e l y 30 days from the date of receipt
N e w s p a p e r C omment Period
Federal R e g i s t e r Comment Period




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(April 26, 1991)

The f o l l o w i n g state m e m b e r ban k s h a v e b e e n e x a m i n e d by the
Federal R e s e r v e B a n k of C l e v e l a n d for c o m p l i a n c e w i t h The Com m u n i t y
R e i n v e s t m e n t Act.
A publ i c eva l u a t i o n d o c u m e n t is a v a i l a b l e from
the bank(s) list e d below.
If y o u are in t e r e s t e d in o b t a i n i n g a
copy
of
an e v a l u a t i o n document,
please
co n t a c t
the bank(s)
directly.

The Sabi n a Ban k
135 N o r t h H o w a r d Street
Sabina, O h i o 45169
(513) 584-2491
Examined:
J a n u a r y 22, 1991




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

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
Application

Comment Period Ending Date

DNB Financial Corporation, Mullins,
South Carolina, to become a bank
holding company through the acquisition
of Davis National Bank, Mullins, South
Carolina.*

5-31-91

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

^Application is subject to CRA.




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

Availability of CRA,Public Evaluations
Week ending April 28, 1991

Examination
Date____

Bank of the Commonwealth, Norfolk, Virginia
Citizens Bank and Trust Company, Blackstone, Virginia
Farmers 6 Merchants Bank, Timberville, Virginia
c




1-14-91
1-22-91
1-22-91

Federal Reserve Bank of Atlanta
A pplications Bulletin for Week Ending April 26.

1991

Section 1 - Applications-Subject to Newsp a p e r Noti c e Only
Application

Comment Period Ending Date

Sovran Bank/Tennessee
Nashville, Tennessee
To establish a remote full-service
ATM to be known as Vanderbilt ATM
located at Vanderbilt Children's Hospital,
1161 22nd Avenue South, Nashville, Tennessee.

Not yet available

Section 2 - Applications Subject To Both
Newspaper and Federal Register No t i c e
Application

Comment Period Ending Date

Commercial Bancorporation, Inc.
Orlando, Florida
1-BHC formation, Commercial State
Bank of Orlando, Orlando, Florida,
a state member bank.

Not yet available

Colony Bankcorp, Inc.
Fitzgerald, Georgia
To acquire Worth Federal Savings & Loan
Association, Sylvester, Georgia, and
convert its charter to that of a new
state-chartered nonmember bank which
will be known as Bank of Worth, Sylvester,
Georgia.

Not yet available

Synovus Financial Corporation
Columbus, Georgia
Along with its parent, TB&C Bancshares,
Inc., a shell corporation, which owns
8.5 percent of Synovus, both of Columbus,
Georgia, to merge with CB Bancshares,
Inc., Fort Valley, Georgia, and thereby
directly acquire its subsidiary banks,
The Citizens Bank, Fort Valley, Georgia,
and The Citizens Bank of Cochran, Cochran,
Georgia.

Not yet available




Section 3 - Applications Subject to
Federal Register Notice Only
A p p lication

Comment Period Ending Date

None.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Applications
First Sta t e Bank of Bibb County
West Blocton, Alabama
Increase in b a n k premises request.

S e ction 10 - Availability of CRA Public Evaluations*

Bank
None.




Examination Date

Federal Reserve Bank of Chicago

Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date
Application
Merger/
Branch

Chemical Bank Michigan
N
Clare, Michigan
Harrison Office of Mutual Savings Bank, FSB
Bay City, Michigan
127 N. 2nd Street, Harrison, Michigan*

-

Merger/
Branch

First of America Bank - Ann Arbor
Ann Arbor, Michigan
First of America Bank-Wayne
Wayne, Michigan*

- **

N

Section II - Applications Subject to Both Newspaper and Federal
Registar Notice
Comment Period
Ending Date

Type

Application

Y-2

First Decatur Bancshares, Inc.
Decatur, Illinois
First National Bank of Mt. Zion
Mt. Zion, Illinois*

FR - 5-8-91
n - 5-3-91

Y-l

LSBancorp, Inc.
La Salle, Illinois
La Salle State Bank
La Salle, Illinois*

FR - 5-14-91
N - 2-22-91

Y-l

Alliance Financial Corporation
Three Oaks, Michigan
Alliance Bank and Trust Company
New Buffalo, Michigan (in organization)*

FR - **
N - 5-12-91

Y-2

Readlyn Bancshares, Inc.
St. Paul, Minnesota
Britt Bancshares, Inc.
St. Paul, Minnesota
First State Bank
Britt, Iowa*

FR - **
N - **

Y-2

Summcorp
Fort Wayne, Indiana
Parker Bank Holding Corporation
Indianapolis, Indiana
The Parker Banking Canpany
Parker City, Indiana*

FR - **
N - 5-6-91




Federal Reserve Bank of Chicago

Tape

Section II - Applications Subject to Both Newspaper and Federal
Reaistar Notice
(continued)
Continent Period
Ending D ate
Application

Y-2

Great Lakes Financial Resources, Inc. ESOP
Homewood, Illinois
Great Lakes Financial. Resources, Inc.
Homewood, Illinois
First National Bank of Blue Island
Blue Island, Illinois
Bank of Homewood
Homewood, Illinois
Community Bank of Hanewood-Flossmoor
Homewood, Illinois*

FR - **
N - **

Y-l

Monona Bankshares, Inc.
Madison, Wisconsin
Monona State Bank (in organization)
Monona, Wisconsin*

FR - **
N - **

Y-l

Citizens Bankshares-Iuxemburg, Inc.
Luxanburg, Wisconsin
Citizens State Bank-Iuxemburg
Luxemburg, Wisconsin (in organization)*

FR - **
N - **

Y-l

Mansfield Bancorp, Inc.
Mansfield, Illinois
Peoples State Bank of Mansfield
Mansfield, Illinois*

FR - **
N - 4-6-91

Y-l

Wisconsin Financial Bancorporation, Inc.
FR - **
Minneapolis, Minnesota
N - **
First Natonal Bank and Trust Company of Baraboo
Baraboo, Wisconsin
The Bank of Edgar
Edgar, Wisconsin*

Type

Section III - Applications Subject to Federal Reaistar
Notice Only
Comment Period
Application
Ending natp>

4(c)(8)

First of America Bank Corporation
Kalamazoo, Michigan
First of America Community Development
Corporation
Kalamazoo, Michigan

FR - 5-8-91

Y—4

Svrea City Bancorporation, Inc.
Swea City, Iowa
Tietje Insurance Services, Inc.
Armstrong, Iowa

FR - 5-14-91




Federal Reserve Bank of Chicago

Section III - Applications Subject to Federal Reqistar
Notice Only
Comnent Period
Rnriirwr Date
Application

Type
4(c)(8)

First Shares, Inc.
Platteville, Wisconsin
First Ag Credit Corporation
Platteville, Wisconsin

FR - **

Y-4

Northern States Financial Corporation
Waukegan, Illinois
First Federal Bank, FSB
Waukegan, Illinois

FR - **

4(c)(8)

West Bancorporation, Inc.
West Des Moines, Iowa
Living History Farms
Des Moines, Iowa

PH - **

Section IV - Applications Not Subject to flprteral Register or Newspaper
Notice
Type

Application

None

N
FR
*
**

-

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




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 26, 1991.

BANK NAME/LOCATION

EXAMINATION DATE

-City Bank of Bloomington-Normal
Bloomington, Illinois

1/22/91

-Blencoe State Bank
Blencoe, Icwa

1/07/91

-Bank of Illinois in Normal
Normal, Illinois

1/02/91

-Citizens First State Bank of Walnut
Walnut, Illinois

1/22/91

-Harris Bank St. Charles
Saint Charles, Illinois

1/22/91

-Green Lake State Bank
Green Lake, Illinois

1/14/91




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING APRIL 26, 1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

Section 18(c) of the Federal
Deposit Insurance Act application
by Jackson Exchange Bank and
Trust Company, Jackson, Missouri
to merge with First Exchange Bank
of Madison County, Fredericktown,
Missouri

Not yet available

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Stock redemption notification
by Peoples Bancorp, Inc. of
Bullitt County, Shepherdsville,
Kentucky

* This application is subject to CRA.




Not yet available*

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING APRIL 26, 1991

AVAILABILITY OF CRA PUBLIC DISCLOSURES

Bank Name
Effingham State Bank




Citv and State
Effingham, Illinois

Examination Date
2-4-91

FEDERAL RESERVE BANK OF MINNEAPOLIS

Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
Norwest Bank International Colorado
Minneapolis, MN
To estabilsh a branch in Denver, Co

4-30-91

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

Application

Comment Period
Ending Date

None.

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending April 26, 1991
Bank Name

F ir s t

S t a t e Bank




City/State

F r o id , MT

Examination Date

2/19/91

Federal Reserve Bank o f Kansas City

SECTION I - APPLICATIONS SOBJECT TO NEWSPAPER N O T I C E ONLY
APPLICATION

V e c t r a Bank, Denver, Colorado,
p r i o r a p p r o v a l to m e r g e w i t h
C o l u m b i n e V a l l e y Bank & Trust,
Littleton, Colorado.

COMMENT PERIOD ENDING DATE

for

Not

Available

SECTION II - APPLICATIONS SOBJECT TO BOT H
NEWSPAPER AND FEDERAL REGISTER NO T I C E
APPLICATION

COMMENT PERIOD ENDING DATE

Lawrence Financial Corporation,
L a w r e n c e , K a n s a s , for p r i o r a p p r o v a l
to b e c o m e a bank hol d i n g company
t h r o u g h t h e a c q u i s i t i o n of 100
p e r c e n t of t h e v o t i n g s h a r e s of T h e
U n i v e r s i t y N a t i o n a l B ank, L a w r e n c e ,
Kansas (proposed).*

Not

Available

A l l a n A. A r m b r u s t e r , Jr., C o z a d ,
N e b r a s k a , a n d A l l a n A. A r m b r u s t e r ,
C o z a d , N e b r a s k a , as t r u s t e e s for B J A
I r r e v o c a b l e T r u s t III, for p r i o r
a p p r o v a l to i n c r e a s e t h e i r
p r o p o r t i o n a t e c o n t r o l of M i d w e s t
B a n c o Corporation, Cozad, Nebraska,
b y .45 p e r c e n t to 1 6 . 9 7 p e r c e n t .

Not

Available

G e o r g e R. H a y d e n , Jr. a n d J e a n n e C.
T h o m p s o n , St. J o s e p h , M i s s o u r i ,
i n d i v i d u a l l y a n d as t r u s t e e s of 10
t r u s t s , for a p p r o v a l to r e t a i n 40
p e r c e n t co n t r o l of B u c h a n a n County
B a n c s h a r e s , I n c . , St. J o s e p h ,
Missouri.

Not

Available

R o d e r i c k G. B u g b e e , a s t r u s t e e , for
p r i o r a p p r o v a l t o a c q u i r e 100 p e r c e n t
o f t h e v o t i n g s h a r e s of Q u i n t e r
I n s u r a n c e S e r v i c e , Inc., Q u i n t e r ,
Kansas.

April

30,

1991

F r e d e r i c k M. H a r t l e y , V i n i t a ,
O k l a h o m a , to c o n t i n u e to s e r v e as
t r u s t e e of t h e K e l l y J. H a r t l e y
I r r e v o c a b l e T r u s t a n d for t he
K e l l y J. H a r t l e y I r r e v o c a b l e T r u s t to
c o n t i n u e to h o l d 3 8 . 6 8 p e r c e n t of the
v o t i n g s h a r e s of O k l a h o m a S t a t e
B a n c s h a r e s , I nc., V i n i t a , O k l a h o m a .

April

30,

1991




Federal Reserve Bank of Kansas City

A f f i l i a t e d B a n k s h a r e s of C o l o r a d o ,
Inc. E m p l o y e e s I n c e n t i v e S a v i n g s a n d
R e t i r e m e n t P l a n , D e n v e r , C o l o r a d o , to
a c q u i r e a n a d d i t i o n a l 15 p e r c e n t a n d
t h e r e b y h o l d 2 4 . 9 9 p e r c e n t of t h e
o u t s t a n d i n g v o t i n g s h a r e s of
A f f i l i a t e d B a n k s h a r e s of C o l o r a d o ,
Inc., Denver, Colorado.

May

14,

1991

D a v i d C. a n d O n e i d a Sue M a y s e y ,
C a n u t e , O k l a h o m a , for p r i o r a p p r o v a l
to a c q u i r e 2 5 . 9 0 p e r c e n t of the
v o t i n g s h a r e s of Canute Bancshares,
Inc., Cli n t o n , Oklahoma.

May

14,

1991

SECTION

III

- APPLICATIONS

SUBJECT TO FEDERAL REGISTER N O TICE O N L Y

APPLICATION

COMMENT

PERIOD

ENDING

DATE

None.
SECTION

IV - APPLIC A T I O N S NOT SUBJECT TO F E D E R A L R E G I S T E R
OR NEWSPAPER NO T I C E

NOTICE

APPLICATION

N e b a n c o , Inc.,
prior approval
its o w n v o t i n g
SECTION

W a l l a c e , N e b r a s k a , for
to r e d e e m 10 s h a r e s of
c o m m o n stock.
X - AVAILABILITY OF CRA PUBLIC

BANK/LOCATION

The

Bank

Grant

of

County

Sac River
Missouri

Valley

Bank

of

Windsor,

Bank

of

Commerce,

*Application




EXAMINATION

Laramie,
Bank,

is

EVALUATIONS

February

4,

1991

February

4,

1991

February

4,

1991

Colorado

February

4,

1991

Wyoming

February

4,

1991

Laramie,

Medford,

Bank,

Rawlins,

subject

Wyoming

Oklahoma

Stockton,

Windsor,

DATE

to CRA.

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 22, 1991
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
George D. Francklow, Jr., Houston, TX, to acquire
an interest in Guardian Bancshares, Inc., Houston, TX

05-01-91

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.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF APRIL 22, 1991

Name of Bank
The First State Bank of
Matador
Landmark Bank-Mid Cities

City & State
Matador, TX
Euless, TX

Date of Examination
12/17/90
01/22/91

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




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 4/26/91

Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Northrim Bank, Anchorage, Alaska, to establish
a mobile branch in the Anchorage area of
Alaska. *

Newspaper:

Not available

Valley Bank of Nevada, Las Vegas, Nevada, to
establish a merchant branch facility at
403 Keystone Avenue, Reno, Nevada. *

Newspaper:

5/17/91

First Interstate Bank of California, Los
Angeles, California, to establish an ATM
facility within the Woolen Mill Building at
Ghiradelli Square, San Francisco, CA. *

Newspaper:

Not available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Hillebrand Paradise Ranch Resort, Inc.,
Grants Pass, Oregon, to become a bank
holding company by acquiring Colonial Banking
Company, Grants Pass, Oregon. *

Newspaper:

Not available

Fed. Reg.:

5/20/91

Section III - Applications Sub.iect to Federal Register Notice Only
The Mitsubishi Bank, Limited, Tokyo, Japan,
to engage in clearing and execution of
financial futures contracts and options through
Mitsubishi Financial Futures, Inc., Chicago,
Illinois.

Fed. Reg.: Not yet published

Bancorp Hawaii, Inc., Honolulu, Hawaii, to
engage de novo in securities brokerage
and investment advisory services through
Bancorp Investment Group, Ltd., Honolulu,
Hawaii.

Fed. Rea.:

5/21/91

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
The Vintage Bank, Napa, California, to establish Community
Development Corporation of Napa Valley, Napa, California, and
thereby engage in community development activities.




FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t 'd . )

Week ending 4/26/91

Section V - Availability of CRA Public Evaluations

*

Information about a particular institution's CRA evaluation may be obtained
directly from the institution.
Examination Date

Institution

Location

Farmers and Merchants Bank
of Central California

Lodi, California

1/14/91

Cuyamaca Bank

Santee, California

2/04/91

* Subject to CRA




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