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R£SEARC:i LIB. \RY ANNOUNCEMENT B O A R D OF GOVERNOR#^} /^| OF T H E FEDERAL RESERVE SYSTEM 0.- l L H.2, 1991, No. 14 A c t i o n s of t h e Board, its Staff, and 9 33 All SI the F ederal R e s e r v e Banks; A p p l i c a t i o n s and R e p o r t s R e c e i v e d D u r i n g the W e e k E n d i n g A p r i l 6, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS Evaluation by financial institutions of the creditworthiness of consumer credit cardholders -statement by Ellen Malland, Assistant Director, Division of Consumer and Community Affairs, before the Subcommittee on General Oversight and Investigations of the House Committee on Banking, Finance and Urban Affairs, April 8, 1991. Authorized, April 5, 1991. BANK HOLDING COMPANIES Apple Merger Corp., New York, New York — to acquire Apple Bancorp, Inc., and Apple Bank for Savings, and engage in commercial lending activities. Approved, April 1, 1991. B a r c l a y s PLC, L o n d o n , E n g l a n d , a n d B a r c l a y s B a n k PLC — to a c q u i r e BA C h e q u e C o r p o r a t i o n , S a n F r a n c i s c o , C a l i f o r n i a , a n d e n g a g e w o r l d w i d e in i s s u a n c e a n d s a l e of t r a v e l e r ' s checks. the Approved, April 5, 1991. C a i s s e d e s D e p o t s et C o n s i g n a t i o n s , P a r i s , F r a n c e -d e t e r m i n a t i o n n o t to s u b j e c t C a i s s e to th e n o n b a n k i n g p r o v i s i o n s of the Bank H o l d i n g C o m p a n y Act. Granted, April 5, 1991. First Michigan Corporation, Holland, Michigan -- to provide securities brokerage and investment advisory services and to act as a riskless principal through FMB-Brokerage Services. Permitted, April 1, 1991. ENFORCEMENT Community Bankers, Inc., Granbury, Texas, and Charles Baker, Chairman of the board of directors -written agreement dated March 29, 1991, with the Federal Reserve Bank of Dallas. Announced, April 4, 1991. INTERNATIONAL OPERATIONS Morgan Guaranty International Finance Corporation, New York, New York — to retain shares of J.P. Morgan Securities Asia Limited, Singapore, after JPMSA acts as a futures commission merchant on the Osaka Securities Exchange, Osaka, Japan. Permitted, April 1, 1991. H.2 APRIL 1, 1991 PAGE 2 TO APRIL 5, 1991 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Regulation D — amendments to prevent erosions of the reserve base for transaction accounts; and technical amendments and corrections to the regulation (Docket R-0728). Proposed, April 5, 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 BANK BRANCHES, DOMESTIC Atlanta Georgia First Bank, Gainesville, Georgia — a branch at Browns Bridge Road. Approved, April 3, 1991. to establish Philadelphia Johnstown Bank and Trust Co., Johnstown, Pennsylvania — to establish a remote service facility at Metropolitan Life Insurance Company, North Central Administrative Office, 500 Schoolhouse Road. Approved, April 3, 1991. Secretary Trust Company Bank, Atlanta, Georgia — to establish a remote service facility on the 45th floor of the 191 Peachtree Building, 191 Peachtree Street. Approved, April 4, 1991. BANK HOLDING COMPANIES Richmond Chesapeake Bancorp, Chestertown, Maryland — to acquire The Chesapeake Bank & Trust Company. Approved, April 2, 1991. San Francisco Denali Bancorporation, Inc., Fairbanks, Alaska — acquire Denali State Bank. Approved, April 1, 1991. Chicago Firstbank of Illinois Co., Springfield, Illinois -to acquire PBM Bancorp, Inc., Marion; and Peoples Bank of Marion; Rend Lake Bank, Christopher; Central Banc System, Inc., Fairview Heights; Central Bank of Fairview Heights; and Farmers & Merchants Bank of Carlinville, Carlinville, Illinois. Approved, April 5, 1991. GC FirstTier Financial, Inc., Omaha, Nebraska — determination that FirstTier does not control West Point Bancorp, West Point, Nebraska, or its subsidiaries. Granted, April 2, 1991. to H.2 APRIL 1, 1991 PAGE 3 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Minneapolis Atlanta Lewis Banshares, Inc., Armour, South Dakota — to engage in general insurance agency activities through acquisition of First State Insurance Agency. Approved, April 4, 1991. McIntosh Bancshares, Inc., Jackson, Georgia — acquire McIntosh State Bank. Approved, April 3, 1991. Chicago to Westchester Financial Corporation, Naperville, Illinois — to acquire First Bank of Channahon, Channahon, 111inois. Returned, April 1, 1991. BANK MERGERS Chicago Security Bank of Commerce, Hamtramck, Michigan — merge with Security Bank St. Clair Shores, St. Clair Shores, and to establish branches. Returned, April 1, 1991. to New York Tioga State Bank, Spencer, New York — to purchase certain assets and assume certain liabilities of the Waverly branch of Norstar Bank N.A., Buffalo, New York, and to establish a branch. Approved, April 5, 1991. BANK PREMISES Kansas City Bank of Boulder, Boulder, Colorado — bank premises. Approved, April 1, 1991. Kansas City Century Bank Sterling, Sterling, Colorado — investment in bank premises. Approved, April 5, 1991. Philadelphia Meridian Bank, Reading, Pennsylvania — bank premises. Approved, April 5, 1991. investment in investment in H.2 APRIL 1, 1991 PAGE 4 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS, STATE MEMBER Staff Director BS&R First American Bank West, Minot, North Dakota — transfer agent registration. Approved, April 4, 1991. CAPITAL STOCK Kansas City Hume Bancshares, Inc., Hume, Missouri — of shares. Approved, April 1, 1991. redemption CHANGE IN BANK CONTROL S t . Louis Atlanta State First Financial Corporation, Texarkana, Arkansas — change in bank control. Permitted, April 1, 1991. GSB Investments Inc., Gainesville, Georgia — bank control. Permitted, April 2, 1991 . Minneapolis change in Wilcox Banshares, Inc, Grand Rapids, Minnesota — change in bank control. Returned, April 4, 1991. COMPETITIVE FACTORS REPORTS Dallas Bank of Commerce - Fossil Creek, Fort Worth, Texas, proposed merger with Bank of Commerce — report on competitive factors. Submitted, April 3, 1991. Kansas City Bank of New Mexico, Albuquerque, Albuquerque, New Mexico, proposed merger with The Bank of New Mexico, Springer, Springer, New Mexico — report on competitive factors. Submitted, April 4, 1991. Atlanta BankFirst, Eustis, Florida, proposed merger with Successor BankFirst — report on competitive factors. Submitted, April 3, 1991. H.2 APRIL 1, 1991 PAGE 5 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Philadelphia Beneficial National Bank USA, Peapack, New Jersey, proposed purchase of certain assets and assumption of certain liabilities of Barclays Bank of Delaware, National Association, Wilmington, Delaware — report on competitive factors. Submitted, April 3, 1991. San Francisco Century Federal Savings and Loan Association, Pasadena, California, proposed assumption of certain liabilities of Trust Savings Bank, F.S.B., Monterey Park, California — report on competitive factors. Submitted, April 3, 1991. Dallas Compass Bank, Plano, Texas, proposed merger with Gleneagles National Bank, Plano, Texas, and Bank of Las Colinas, National Association, Irving, Texas — report on competitive factors. Submitted, April 4, 1991. Chicago Cragin Federal Bank for Savings, Chicago, Illinois, proposed assumption of deposit liabilities and transfer of assets of the 5345 W. Lawrence, Chicago, Illinois, branch of Western Savings and Loan Association, Glenview, Illinois — report on competitive factors. Submitted, April 3, 1991. Cleveland Ellwood Federal Savings Bank, Ellwood City, Pennsylvania, proposed merger with Ellwood Federal Interim Savings Association — report on competitive factors. Submitted, April 2, 1991. Kansas City Farmers and Merchants National Bank of Oakland, Oakland, Nebraska, proposed acquisition of the assets and assumption of the liabilities of the Oakland branch of FirsTier Bank, N.A., Omaha, Nebraska — report on competitive factors. Submitted, April 4, 1991. H.2 APRIL 1, 1991 PAGE 6 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Richmond FCNB Federal Savings Bank, Frederick, Maryland, proposed acquisition of three branches of Equitable Federal Savings Bank, Wheaton, Maryland — report on competitive factors. Submitted, April 1, 1991. Richmond First - Citizens Bank & Trust Company, Raleigh, North Carolina, proposed purchase of the assets and assumption of the liabilities of First Federal Savings Bank, Hendersonville, North Carolina — report on competitive factors. Submitted, April 2, 1991. New York First Federal Savings and Loan Association of Rochester, Rochester, New York, proposed merger with First Federal Savings and Loan Association of Cape Cod, Hyannis, Massachusetts — report on competitive factors. Submitted, April 2, 1991. Dallas First National Bank of Temple - South, Temple., Texas, proposed merger with First National Bank of Temple, Temple, Texas — report on competitive factors. Submitted, April 5, 1991. Kansas City First Security Bank of Berthoud, Berthoud, Colorado, proposed acquisition of the assets and assumption of the liabilities of The Berthoud National Bank -report on competitive factors. Submitted, April 5, 1991. Chicago First Security Bank of Chicago, Chicago, Illinois, proposed merger with Mid-America National Bank of Chicago -- report on competitive factors. Submitted, April 3, 1991 . Secretary Key Bank of Wyoming - Cheyenne, Cheyenne, Wyoming, proposed merger with Key Bank of Wyoming-Casper, Casper; Key Bank of Wyoming-Jackson, Jackson; Key Bank of Wyoming-Riverton, Riverton; and Key Bank of Wyoming-Rock Springs, Rock Springs, Wyoming — report on competitive factors. Submitted, April 5, 1991. H.2 APRIL 1, 1991 PAGE 7 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Philadelphia Lafayette Bank, Easton, Pennsylvania, proposed merger with The Second National Bank of Nazareth, Nazareth, Pennsylvania — report on competitive factors. Submitted, April 4, 1991. New York Meadowlands National Bank, North Bergen, New Jersey, proposed consolidation with Mountain Ridge Bank, West Orange, New Jersey — report on competitive factors. Submitted, April 3, 1991. Secretary Norwest Bank Nebraska, N.A., Omaha, Nebraska, proposed merger with First National Bank of Bellevue, Bellevue, Nebraska — report on competitive factors. Submitted, April 5, 1991. Chicago Old Kent Bank - Central, Owosso, Michigan, proposed purchase of the assets and assumption of the liabilities of the Marlette office, Marlette, Michigan, and the Holly office, Holly, Michigan, of First Federal Savings Bank and Trust, Pontiac, Michigan — report on competitive factors. Submitted, April 1, 1991. Chicago Old Kent Bank of Brighton, Brighton, Michigan, proposed purchase of the assets and assumption of the liabilities of the Milford office, Milford; Highland office, Highland; Plymouth office, Plymouth; and the Walled Lake office, Walled Lake, Michigan, of First Federal Savings Bank and Trust, Pontiac, Michigan — report on competitive factors. Submitted, April 1, 1991. San Francisco Olympus Bank, A Federal Savings Bank, Salt Lake City, Utah, proposed purchase of assets and assumption of the liabilities of First Charter Bank dba Heritage Savings Bank, St. George, Utah — report on competitive factors. Submitted, April 4, 1991. H.2 APRIL 1, 1991 PAGE 8 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Kansas City Security Bank & Trust Company of Ponca City, Ponca City, Oklahoma, proposed merger with Community Bank, Shidler, Oklahoma — report on competitive factors. Submitted, April 5, 1991. Chicago Stockbridge State Bank, Stockbridge, Michigan, proposed purchase of the assets and assumption of the liabilities of the Eaton Rapids office, Eaton Rapids, Michigan, of Security Savings Bank FSB, Jackson, Michigan — report on competitive factors Submitted, April 1, 1991. Dallas U. S. Trust Company of Texas, National Association Rowlett Branch,Dallas, Texas, proposed merger with Western Bank & Trust, Duncanville, Texas — report on competitive factors. Submitted, April 2, 1991. EXTENSIONS OF TIME San Francisco Atlanta BankAmerica Corporation, San Francisco, California extension to divest certain property. Granted, April 2, 1991. Kislak Financial Corporation, Miami Lakes, Florida -extension to July 14, 1991, to acquire Kislak National Bank. Granted, April 4, 1991. San Francisco First Interstate Bancorp, Los Angeles, California -extension to divest certain property. Granted, April 2, 1991. Richmond New East Bancorp, Raleigh, North Carolina — extension to June 30, 1991, to acquire New East Bank of New Bern, New Bern, North Carolina. Granted, April 2, 199T. Atlanta Citizens Financial Acquisition Corporation, Greensboro, Georgia — extension to July 11, 1991, to acquire Citizens Union Bank. Granted, April 4, 1991. H.2 APRIL 1, 1991 PAGE 9 TO APRIL 5, 1991 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY EXTENSIONS OF TIME New York Stamford Bank Corp., Stamford, New York — extension to April 19, 1991, to acquire Bank of Stamford. Granted, April 2, 1991. San Francisco Atlanta Security Pacific Corporation, Los Angeles, Californ — extension to divest certain property. Granted, April 5, 1991. Summerville / Trion Bancshares, Inc., Summerville, Georgia — extension to July 22, 1991, to engage de novo in insurance activities. Granted, April 4, 1991. San Francisco Wells Fargo & Company, San Francisco, California -extension to divest certain properties. Granted, April 2, 1991. REGULATIONS AND POLICIES Director, C&CA Regulation B — revision to the official staff commentary concerning the definition of adverse action and the preemption of a provision of Ohio state law. Approved, April 1, 1991. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO NEWSPAPER NOTICE ONLY C o m m e n t P e r i o d E n d i n g Date Application 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 T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE C o m m e n t P e r i o d E n d i n g Date Application NON E S E C T I O N III ~ A P P L I C A T I O N S S U B J E C T TO F E D E R A L R E G I S T E R N O T I C E O NLY C o m m e n t P e r i o d E n d i n g Date Application N ONE S E C T I O N IV - A P P L I C A T I O N S N O T S U B J E C T TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application N ONE S E C T I O N V ~ A V A I L A B I L I T Y OF C R A P U B L I C E V A L U A T I O N S NONE ♦ S u b j e c t to CR A Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ____________Notice Only_________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice Gerald Shukow, Huntington Station, New York to retain 11.19 percent of the outstanding voting shares of Hamptons Bancshares, Inc., Southampton, New York. 4/29/91 4/ SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Harmonia Bancorp, Inc., Kenilworth, New Jersey to engage de novo in certain commercial finance activities. 4/22/91 Manufacturers Hanover Corporation, New York, New York to engage de novo through The CIT Group Holdings, Inc., New York, New York and its subsidiaries in data processing and management consulting activities. 4/29/91 SECTION IV Applications Not Involving ______ Public Comment______ None. Availability of CRA Public Evaluations M a m h 31. 1991 through April 6. 1991 NAME OF BANK 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. 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 Orrstown Bank, Orrstown, PA to establish a 1/ remote service facility (RSF) at 9974 Molly Pitcher Highway, Southampton Township, Shippensburg, PA. 5/2/91 Orrstown Bank. Orrstown, PA to establish a 1/ remote service facility (RSF) at 11195 Forge Hill Road, Lurgan Township, Roxbury, PA. 5/2/91 SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date Univest Corporation of Pennsylvania, Souderton, 1/ PA to acquire 100% of the voting shares of Pennview Savings Bank, Souderton, PA, pursuant to Section 3(a)(3) of the Bank Holding Company Act. Newspaper: Federal Register: 5/2/91 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 endina 4/5/91 Institutions Examination Date None. Applications Bulletin For Week Ending April 6, 1991 S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R NOTICE ONLY R e c e i v e d a p p l i c a t i o n on A p r i l 3, 1991, from T h e F i f t h T h i r d Bank, Cincinnati, Ohio, for p e r m i s s i o n to e s t a b l i s h CBCT b r a n c h e s at the f o l l o w i n g locations: F a i r O a k s Plaza, R o u t e 4, Fairfield, Ohio; 5301 K i n g s I s l a n d Drive, Mason, Ohio; U n i v e r s i t y M e d i c a l A r t s Building, 222 P i e d m o n t Avenue, Cincinnati, Ohio; 2744 H a r s h m a n Road, Dayton, Ohio; 4075 W i l m i n g t o n Pike, Kettering, Ohio; and 5858 S p r i n g b o r o Pike, Dayton, Ohio. * Not Yet Known # 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 B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE NONE S E C T I O N III - A P P L I C A T I O N S S U B J E C T TO F E D E R A L R E G I S T E R NOTICE ONLY R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on A p r i l 1, 1991, from P r o v i d e n t Bancorp, Inc., Cincinnati, Ohio, to a c q u i r e H u n t e r S a v i n g s Association, Cincinnati, Ohio. Not Yet Known # S E C T I O N IV ~ A P P L I C A T I O N S N O T S U B J E C T TO F E D E R A L R E G I S T E R N O T I C E OR NEWSPAPER NOTICE NONE * # N F - S u b j e c t to C R A E x p e c t e d to e n d a p p r o x i m a t e l y 30 days from the d a t e of r e c e i p t Newspaper Comment Period F e d e r a l R e g i s t e r C o m m e n t Pe r i o d Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Centura Bank, Rocky Mount, North Carolina, to purchase the assets and assume the liabilities of Watauga Savings and Loan Association, Boone, North Carolina.* 4-28-91 Centura Bank, Rocky Mount, North Carolina, to purchase the assets and assume the liabilities of the Wilmington, North Carolina, branch of Pioneer Savings Bank, Rocky Mount, North Carolina.* 4-28-91 First Virginia Bank, Falls Church, Virginia, for permission to establish a branch at 8920 Silverbrook Road, Fairfax Station, Virginia.* 4-29-91 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date None. 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. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending April 5, 1991 Examination Date____ Farmers and Miners Bank, Pennington Gap, Virginia 1-8-91 F e d e r a l R e s e r v e B a n k of A t l a n t a A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g A p r i l 5. 1991 S e c t i o n 1 - A p p l i c a t i o n s S u b j e c t to N e w s p a p e r N o t i c e O n l y Application C o m m e n t P e r i o d E n d i n g Date None. S e c t i o n 2 - A p p l i c a t i o n s S u b j e c t To B o t h N e w s p a p e r and Federal R e g i s t e r N o t i c e Application C o m m e n t P e r i o d E n d i n g Date Fir s t T a m p a B a n c o r p o r a t i o n of Florida, Inc. Tampa, F l o r i d a C h a n g e in c o n t r o l b y P h i l i p M. H a m p t o n to a c q u i r e an a d d i t i o n a l 42.19 p e r c e n t of t h e o u t s t a n d i n g s h ares of c o m m o n stock. T h e a c q u i s i t i o n w i l l inc r e a s e h i s total o w n e r s h i p to 56.0 percent. Not yet available Interbank Holding Corporation Miami, F l o r i d a J o i n t w i t h its p a r e n t company, I n t e r b a n H o l d i n g C o m p a n y Limited, Nassau, Bahamas, to b e c o m e b a n k h o l d i n g c o m p a n i e s by a c q u i r i n g 47.2 p e r c e n t of G r o v e g a t e Bank, C o c o n u t Grove, Florida, a st a t e m e m b e r bank. Not yet available S o u t h e r n N a t i o n a l Banks, Inc. Fort W a l t o n Beach, F l o r i d a C h a n g e in c o n t r o l b y J o h n J a m e s Tringas; A l e x J a m e s Tringas; and L a r k Ela i n e T r i n g a s G a r r i g a n to a c q u i r e an a d d i t i o n a l 83.18 p e r c e n t of the o u t s t a n d i n g shares of p r e f e r r e d stock. The a c q u i s i t i o n will i n c r e a s e t h e i r total o w n e r s h i p to 100 percent. Not yet available G r e a t S o u t h e r n C apital C o r p o r a t i o n Employee Stock Ownership Trust Merid i a n , M i s s i s s i p p i 1- B H C f o r m a t i o n by a c q u i r i n g 25 p e r c e n t of G r e a t S o u t h e r n C apital Corporation, Meridian, Missis s i p p i , and t h e r e b y i n d i r e c t l y a c q u i r i n g its s u b s i d i a r y bank, G r e a t S o u t h e r n N a t i o n a l Bank, Meridian, Mississippi. Not yet available Section 3 - Applic a t i o n s S u bject to Federal Register Notice Only Application Comment C e n t u r y S o u t h B a n k s , Inc. Dahlonega, Georgia T o e n g a g e de n o v o i n d a t a p r o c e s s i n g a c t i v i t i e s t h r o u g h its w h o l l y - o w n e d s u b s i d i a r y , C e n t u r y P r o c e s s i n g , Inc., Dahlonega, Georgia, pursuant to Section 2 2 5 . 2 5 ( b ) ( 7 ) o f R e g u l a t i o n Y. Section 10 - Availability of CRA Period Ending Not Public yet Date available Evaluations* *The CRA public evaluations of the institutions listed b e l o w b e came a v a i l a b l e d u r i n g t h e w e e k e n d i n g A p r i l 5, 1 9 9 1 . Information about an institution's CRA evaluation may be obtained directly from the institution. Bank Columbia Tampa, Examination Bank Florida Smyrna Bank & Trust Smyrna, Georgia Date 01-14-91 01-07-91 Federal Reserve Bank of Chicago Type Section I - Applications Subject to Newspaper Notice Only Comment Period E n d in g TVite Application Branch Canerica Bank - Detroit Detroit, Michigan 35000 23 Mile Road Chesterfield Tcwnship, Michigan* N - 4-12-91 EFT Bankers Trust Company Des Moines, Iowa 114th & University Clive, Iowa* N - 4-10-91 Branch New Asia Bank Chicago, Illinois 4926 North Broadway Chicago, Illinois* N - 4-29-91 Branch Th e Fanners State Bank of Waupaca Waupaca, Wisconsin N2699-N2703 County QQ King, Wisconsin* N - 4-19-91 Merger/ Branches Security Bank of Commerce Hamtramck, Michigan Security Bank St. Clair Shores St. Clair Shores, Michigan 24612 Harper Avenue St. Clair Shores, Michigan 19900 E. Nine Mile Road Clinton Township, Michigan 31320 Harper Avenue Clinton Township, Michigan 35135 Harper Avenue Clinton Tcwnship, Michigan* N - 4-18-91 Branch Community State Bank Avilla, Indiana 506 East North Street Kendal lville, Indiana* N - ** Branch Security Bank St. Clair Stores St. Clair Shores, Michigan 19080 East 10 Mile Road East Detroit, Michigan* N - ** Federal Reserve Bank of Chicago Section II - Applications Subject to Both Newspaper and Federal Registar Notice Ccnnent Period Ending Date Type Application GoC-HC Chadwick Banc shares, Inc. Chadwick, Illinois Walter Nehrkom FR - 4-8-91 N - 4-8-91 Y-2 Chadwick Bancshares, Inc. Chadwick, Illinois Preston Bancshares, Inc. Preston, Iowa Fanners Savings Bank Preston, Iowa* FR - 4-8-91 N - 4-8-91 Y-2 Decatur Corporation Leon, Iowa Citizens Bank of Princeton Princeton, Missouri* FR - 4-22-91 N - 4-15-91 Y-l FSB Bancorp Wever, Iowa Fanners Savings Bank Wever, Icwa* FR - 4-22-91 N - 2-8-91 Y-2 Royal Bancshares, Inc. ElRqy, Wisconsin BGM Bancorporation, Inc. West Des Moines, Iowa Liberty Bank & Trust Gays Mills, Wisconsin* FR - 4-22-91 N - 4-19-91 CoC-HC Williamsburg Holding Company Qnaha, Nebraska Michael T. and Susan B. Dobel FR - 4-29-91 N - ** Type Section III - Applications Subject to Federal Registar Notice Only Comnent Period End in o n a t e Application Y—4 CNBC Bancorp, Inc. Chicago, Illinois Fort Dearborn Federal Savings & Loan Association Chicago, Illinois FR - 4-22-91 Y—4 Empire Banc Corporation Traverse City, Michigan Traverse City and Grayling branch offices of Great Lakes Bancorp, FSB Ann Arbor, Michigan FR - 4-29-91 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application None N FR * ** — - Newspaper Federal Register Subject to Provisions of Ccmnunity Reinvestment Act Not available at this time* AVAILABILITY OF CRA PUBLIC EVALUATIONS Th e following institutions were examined for CRA. Hie 30-business day period t he bank has t o make the evaluation public has lapsed during the w e e k ending April 05, 1991. BANK NAME/LOCATION EXAMINATION DATE -Huron Community Bank East Tawas, Michigan 12/11/90 -State Ban k of Geneva Geneva, Illinois 12/17/90 -City State Bank Ogden, Iowa 12/17/90 Federal Reserve Bank of St. Louis FOR THE WEEK ENDING APRIL 5, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period Section 9 application by First Community Bank, Conway, Arkansas, to become a member of the Federal Reserve System 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 None.* * This application is subject to CRA. Federal Reserve Bank of St. Louis FOR THE WEEK ENDING APRIL 5, 1991 AVAILABILITY OF CRA PUBLIC DISCLOSURES Bank Name NONE City and State Examination Date FEDERAL RESERVE BANK OF MINNEAPOLIS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Community First Bankshares, Inc. Fargo, ND To acquire Adams Investment Company Fergus Falls, MN* 4-22-91 (Federal Register) Charles H. Burke and Mary R. Burke To increase their ownership to 46.2% and 25.2%, respectively, of South Dakota Bancshares, Inc., Pierre, South Dakota 4-23-91 (Federal Register) Siouxland Bank Holding Company Sioux Falls, SD To acquire Dakota Bankshares, Inc., Fargo, ND, a multibank holding company owning the First Bank in Drake, Drake, N D ; Dakota Bank & Trust Co. of Fargo, Fargo, ND; and First National Bank of Hettinger, Hettinger, ND* Not yet available Absarokee Bancorporation, Inc. Absarokee, MT To acquire U-Banc, Incorporated, Red Lodge, MT, a one-bank holding company owning the United Bank of Absarokee, N.A., Absarokee, MT* 4-29-91 (Federal Register) *Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Commercial Banshares, Inc. Mitchell, SD To acquire Spectrum Life Insurance Company, Mitchell, SD Norwest Corporation, Minneapolis, MN; Norwest Financial Services, Inc., Des Moines, Iowa; and Norwest Financial, Inc., Des Moines, Iowa To engage in operating lease acti vities through the acquisition of $45 million in equipment held under operating leases by Dial Bank, Sioux Falls, SD Not yet available 4-22-91 (Federal Register) 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 5, 1991 Bank Name None. City/State Examination Date Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SPBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING 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 T O B O T H NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE A f f i l i a t e d Ba n k s h a r e s of Colorado, Inc. E m p l o y e e s Incentive Savings and R e t i r e m e n t Plan, Denver, Colorado, to a c q u i r e an ad d i t i o n a l 15 percent and t hereby hold 24.99 percent of the o u t s t a n d i n g voting shares of A f f i l i a t e d B a n k shares of Colorado, Inc., Denver, Colorado. Not A v a i l a b l e 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 T O F E D E R A L R E G I S T E R N O T I C E O N L Y APPLICATION CO M M E N T P E R I O D E N D I N G D A T E None. S E C T I O N IV - A P P L I C A T I O N S N O T S U BJECT T O F E D E R A L R E G I S T E R N O T I C E OR NEWSPAPER NOTICE APPLICATION First C o weta Corporation, Coweta, Oklahoma, for prior approval to r e d e e m 57 shares of its own voting common s t o c k . First O s m o n d Corporation, Osmond, Nebra s k a , for prior approval to r e d e e m 100 shares of its own voting c o m m o n stock. SECTION X - AVAILABILITY OF CRA PUBLIC EVALUATIONS BANK/LOCATION EXAMINATION DATE U n i o n C o l o n y B a n k * Greeley, Bank of Holden, Holden, Colorado Missouri *A p p l i c a t i o n is subject to CRA Ja n u a r y 2, 19.91 J a n u a r y 7, 1991 FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF APRIL 1, 1991 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II APPLICATIONS SUBJECT TO BOTH NEWSPAPER A¥D FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP Change in Control Notice by Dunkin Family Trust, Harlingen, TX, to acquire an interest in Harlingen National Banoshares, Inc., Harlingen, TX 04/11/90 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 APPLICAlION Notice by Anson Bancshares, Inc., Anson, TX, to redeem 51,815 shares of its preferred stock SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS FOR THE WEEK OF APRIL 1, 1991 Name of Bank Citizens Bank Hutto State Bank North Texas Bank & Trust City & State New Braunfels, TX Hutto, TX Gainesville, TX Date of Examination 11/26/90 01/07/91 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 4/05/91 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date California Center Bank, Los Angeles, California, to establish a branch office at 1126 South Santee Street, Los Angeles, California. * Newspaper: 4/30/91 Caliber Bank, Phoenix, Arizona, to establish a branch office at 4620 E. Cactus Road, Phoenix, Arizona. * Newspaper: 4/19/91 Caliber Bank, Phoenix, Arizona, to establish a branch office at 1331 W. Southern Avenue, Mesa, California. * Newspaper: 4/19/91 Caliber Bank, Phoenix, Arizona, to establish a branch office at 350 E. Dunlap, Phoenix, Arizona. * Newspaper: 4/19/91 Verdugo Banking Company (In Organization), Glendale, California, to become a member of the Federal Reserve System. * Newspaper: Not available Section II - Applications Sub.iect to Both Newspaper and Federal Reaister Notice Bank of Tokyo, Tokyo, Japan, to acquire The Chicago-Tokyo Bank, Chicago, Illinois. * Newspaper: 4/22/91 Fed. Req.: 4/23/91 Giant Bay Resources, Ltd., Vancouver, British Columbia, Canada, to acquire 19.62 percent of American Pacific Bank of Aumsville, Aumsville, Oregon. Newspaper: Not available Fed. Rea.: 4/23/91 Desert Southwest Community Bancorp, Las Vegas, Nevada, to become a bank holding company by acquring Nevada Community Bank, Las Vegas, Nevada. * Newspaper: Not available Fed. Req.: 4/29/91 BOL Bancorp, Livermore, California, to become a bank holding company by acquiring Bank of Livermore, Livermore, California. * Newspaper: Not available Fed. Req.: 4/30/91 FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t 'd . ) Week ending 4/05/91 Section III - Applications Subject to Federal Register Notice Only None Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice None Section V - Availability of CRA Public Evaluations * Information about an institution's CRA evaluation may be obtained from the institition. Institution Location Concord Commercial Bank Concord, CA American Pacific State Bank North Hollywood, CA * Subject to CRA Examination Date 12/17/90 1/17/91
@FedFRASER