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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1994, NO. 32
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending August 6, 1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Trans Financial Bancorp, Inc., Bowling Green,
Kentucky - - t o acquire FGC Holding Company,
Martin, Kentucky, and First Guaranty National Bank.
Approved, August 1, 1994.
BOARD OPERATIONS
Budget -- mid-year adjustments.
Approved, August 2, 1994.
Division of International Finance -- appointment of
Thomas A. Connors as an Assistant Director.
Approved, August 2, 1994.
Division of International Finance -- appointment of
Catherine L. Mann as an Assistant Director.
Approved, August 2, 1994.
Division of Reserve Bank Operations and Payment
Systems -- appointment of Louise Roseman as
Associate Director.
Approved, August 3, 1994.
RESERVE BANK OPERATIONS




Federal Reserve Bank of Richmond -- to upgrade
emergency electrical systems at the Baltimore
Branch.
Approved, August 1, 1994.
Federal Reserve Bank of Richmond -- to renovate the
19th and 20th floors of the Head Office building.
Approved, August 1, 1994.

H .2
AUGUST 1, 1994
PAGE 2

TO

AUGUST 5, 1994

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




St. Louis

Bank of Cairo and Moberly, Moberly, Missouri - - t o
establish an ATM at the Texaco Convenience Store,
1730 South Moberly.
Approved, August 3, 1994.

New York

Bank of New York, New York, New York - - t o establish
limited-service branches at 440 Mamaroneck Avenue,
Harrison, New York, and at 296 Temple Hill Road,
New Windsor, New York.
Approved, August 1, 1994.

New York

Chemical Bank, New York, New York -- to establish
branches at Brooklyn College, Plaza Building,
2900 Bedford Avenue, Brooklyn, New York, and at
Prudential Securities, One New York Plaza, New
York, New York.
Approved, August 3, 1994.

Chicago

Comerica Bank, Detroit, Michigan -- to establish an
off-site electronic facility at 2600 Evergreen
Road, Southfield Civic Center, Southfield,
Michigan.
Approved, August 4, 1994.

Chicago

Community State Bank, Avilla, Indiana -- to establish
an ATM at 4134 West County Road 100 South, Wolf
Lake, Indiana.
Approved, August 5, 1994.

Richmond

FCNB Bank, Frederick, Maryland - - t o establish an
electronic funds transfer facility at West Seventh
Street and Military Road.
Approved, August 4, 1994.

St. Louis

First Bank of Arkansas, Russellville, Arkansas - - t o
establish a branch at 1100 Rogers Street,
Clarksville, Arkansas.
Approved, August 5, 1994.

H. 2

AUGUST 1, 1994
PAGE 3

TO

AUGUST 5, 1994

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

BANK BRANCHES. DOMESTIC
Cleveland

Integra Bank/North, Titusville, Pennsylvania - - t o
establish a CBCT facility at Grove City Factory
Outlet, Interstate 79 and Route 208, Springfield
Township, Pennsylvania.
Approved, August 5, 1994.

Cleveland

Integra Bank/South, Uniontown, Pennsylvania - - t o
establish a CBCT facility at Sheetz Convenience
Store, Route 119 and 962, Connelsville,
Pennsylvania.
Approved, August 5, 1994.

Richmond

Mellon Bank (MD), Rockville, Maryland -- to establish
a branch at 5418 Wisconsin Avenue, Chevy Chase,
Maryland.
Approved, August 5, 1994.

Kansas City

OMNIBANK Southeast, Denver, Colorado - - t o establish
a branch in Englewood, Colorado.
Approved, August 4, 1994.

Secretary

Signet Bank/Virginia, Richmond, Virginia -establishment of an off-site electronic facility at
8007 Discovery Drive.
Approved, August 4, 1994.

Atlanta

Trust Company Bank, Atlanta, Georgia -- to establish
a branch at 2000 East West Connector, Austell,
Georgia.
Approved, August 5, 1994.

Secretary

West One Bank, Boise, Idaho -- to establish a branch
at 1314 South Blaine Street, Moscow, Idaho.
Approved, August 2, 1994.

BANK HOLDING COMPANIES




Atlanta

Allied Bankshares, Inc., Thomson, Georgia -- to
acquire Citizens Bank & Trust, Evans, Georgia.
Approved, August 5, 1994.

H.2
AUGUST 1, 1994
PAGE 4

TO

AUGUST S, 1994

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

BANK HOLDING COMPANIES




Atlanta

Allied Bankshares, Inc., Thomson, Georgia -- to
acquire, through Allied Bank of Georgia, certain
assets and assume certain liabilities of First
Savings Bank, F.S.B.
Approved, August 5, 1994.

Atlanta

Allied Bankshares, Inc., Thomson, Georgia - - t o merge
with Jefferson Bankshares, Inc., Louisville,
Georgia, and acquire Bank of Jefferson County.
Approved, August 5, 1994.

Atlanta

Bank Investors Limited Partnership, Lafayette,
Louisiana - - t o acquire Royal Bankgroup of
Acadiana, Inc,, and Bank of Lafayette.
Approved, August $, 1994.

Minneapolis

Big Sky Holding Company, Stanford, Montana - - t o
acquire Basin State Bank.
Approved, August 5, 1994.

Dallas

Central Texas Bankshare Holdings, Inc., Columbus,
Texas -- to acquire 17.7 percent of the voting
shares of Hill Bancshares Holdings, Inc,, Weimar,
Texas, and Hill Bank & Trust Co.
Approved, August 5, 1994.

Atlanta

Chance Investments, Inc., Lafayette, Louisiana
to acquire shares of Bank Investors Limited
Partnership, Lafayette, Louisiana, and Royal
Bankgroup of Acadiana.
Approved, August 5, 1994.

San Francisco

Charter Bancorporation, Inc., Newport, Minnesota
to acquire First Buffalo Holding Company,
Scottsdale, Arizona.
Approved, August 5, 1994.

Dallas

Citizens State Bank Employee Stock Ownership Plan,
Buffalo, Texas - - t o acquire shares of Citizens
State Bank.
Approved, August 5, 1994.

H.2
AUGUST 1, 1994
PAGE 5

TO

AUGUST 5, 1994

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

BANK H O LDING COMPANIES




Chicago

Country Bank Shares Corporation, Mount Horeb,
Wisconsin --t o acquire Belleville Bancshares
Corporation, Belleville, Wisconsin, and Belleville
State Bank.
Returned, August 1, 1994.

San Francisco

D.L. Evans Bancorp, Burley, Idaho --t o acquire D.L
Evans Bank.
Approved, August 5, 1994.

Secretary

First Bank System, Inc., Minneapolis, Minnesota -determination that filing an application by FBS to
acquire First Dakota Financial Corporation,
Bismarck, North Dakota, is not required.
Granted, August 3, 1994.

Chicago

First National Bancorp, Farragut, Iowa -- to acquire
First National Bank of Farragut.
Approved, August 5, 1994.

Chicago

First of America Bank Corporation, Kalamazoo,
Michigan, and First of America Acquisition Company,
Park Ridge, Illinois -- to acquire First Park Ridge
Corporation, Chicago, Illinois; Bank of Buffalo
Grove, Buffalo Grove, Illinois; First State Bank
and Trust Company of Park Ridge, Park Ridge,
Illinois; and First State Bank of Gurnee, Gurnee,
Illinois.
Approved, August 3, 1994.

Chicago

GreatBanc, Inc., Aurora, Illinois -- to acquire
shares of GreatBank, Algonquin, Illinois.
Returned, August 2, 1994.

San Francisco

Heritage Oaks Bancorp, Paso Robles, California -- to
acquire Heritage Oaks Bank.
Approved, August 5, 1994.

Chicago

How-Win Development Company, Cresco, Illinois -- to
engage de novo in lending activities through Cresco
Insurance Agency, Inc.
Permitted, August 5, 1994.

H .2
AUGUST 1, 199*4
PAGE 6

TO

AUGUST 5, 1994

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

BANK HOLDING COMPANIES




Dallas

Jones Partners, Ltd., La Feria, Texas -- to acquire
Lower Rio Grande Valley Bancs, Inc., and First
National Bank of La Feria.
Approved, August 5, 1994.

Boston

Maine Bank Corp., Portland, Maine -- to acquire Maine
Bank & Trust Co.
Approved, August 5, 1994.

Dallas

Mission-Heights Management Company, Ltd., Houston,
Texas; Independent Bancorp, Inc., Channelview,
Texas; and IBID, Inc., Wilmington, Delaware -- to
acquire through Channelview Bank, Channelview,
Texas, nine branches of First Heights Bank, F.S.B.,
Houston, Texas.
Approved, August 5, 1994.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota; Norwest
Financial Services, Inc., Des Moines, Iowa; and
Norwest Financial, Inc., Des Moines, Iowa -- to
engage de novo in consumer lending and general
insurance activities through Norwest Financial
Guam, Inc., Guam.
Permitted, August 4, 1994.

Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan -- to acquire an interest in Michigan
Capital Fund for Housing Limited Partnership I,
Lansing, Michigan.
Permitted, August 2, 1994.

Chicago

Peotone Bam corp, Inc., Peotone, Illinois, and
Southwest Bancorp, Inc., Worth, Illinois -- to
engage de novo in data processing services.
Permitted, August 5, 1994.

Atlanta

Royal Bankgroup of Acadiana, Inc., Lafayette,
Louisiana -- to acquire Bank of Lafayette.
Approved, August 5, 1994.

H.2
AUGUST 1, 1994
PAGE 7

TO

AUGUST 5, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATE’ AUTHORITY
'

BANK HOLDING COMPANIES
New York

Saban, S.A., Panama City, Panama; RNYC Holdings
Limited, Marina Bay, Gibraltar; and Republic New
York Corporation, New York, New York -- to engage
de novo through Republic New York Securities
Corporation in investment advisory activities with
respect to the purchase and sale of futures
contracts and options on futures contracts.
Permitted, August 2, 1994.

Secretary

Signet Banking Corporation, Richmond, Virginia -- to
acquire Signet Credit Card Bank.
Approved, August 4, 1994.

San Francisco

Union International Financial, South Pasadena,
California -- to acquire Pacific Business Bank,
Carson, California.
Returned, August 3, 1994.

BANK MERGERS
Kansas City

OMNIBANK Southeast, Denver, Colorado -- to merge with
OMNIBANK Arapahoe, Englewood, Colorado.
Approved, August 4, 1994.

BANKS, NONMEMBER. AND MISCELLANEOUS INSTITUTIONS
Richmond

Key Federal Savings Bank, Owings Mills, Maryland ■
registration statement.
Withdrawn, August 2, 1994.

Director, BS&R

Northern Trust Company, Inc., Little Rock, Arkansas
-- transfer agent registration.
Approved, August 4, 1994.

CAPITAL STOCK




Secretary

Signet Bank/Virginia, Richmond, Virginia -redemption of shares.
Approved, August 4, 1994.

H.2
AUGUST 1, 1994
PAGE 8

TO

AUGUST 5, 1994

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

CHANGE IN BANK CONTROL

Kansas City

Cedar Bancorp, Hartington, Nebraska -- change in bank

control.
Permitted, August 5, 1994.
Chicago

Community Illinois Corporation, Rock Falls,
Illinois -- change in bank control.
Returned, August 4, 1994.

Minneapolis

Hubbard Bancshares, Inc., Park Rapids, Minnesota -change in bank control.
Permitted, August 5, 1994.

Dallas

Texas Bancshares, Inc., San Antonio, Texas -- change
in bank control.
Permitted, August 5, 1994.

C O M P ETITIVE FACTORS REPORTS




Atlanta

AmSouth Bancorporation, Birmingham, Alabama, proposed
acquisition of Community Federal Savings Bank, Fort
Oglethorpe, Georgia, and proposed merger of the
bank into AmSouth Bank of Georgia, Summerville,
Georgia, through AmSouth Interim Federal Savings
Bank -- report on competitive factors.
Submitted, August 5, 1994.

Atlanta

AmSouth Bank of Georgia, Summerville, Georgia,
proposed merger with Community Federal Savings
Bank, Fort Oglethorpe, Georgia -- report on
competitive factors.
Submitted, August 1, 1994.

Kansas City

Bank of Oklahoma, N.A., Tulsa, Oklahoma, proposed
merger with Northwest Bank of Enid, Enid,
Oklahoma -- report on competitive factors.
Submitted, August 3, 1994.

Dallas

Boatmen's First National Bank of Amarillo, Amarillo,
Texas, proposed merger with Citizens State Bank of
Dalhart, Dalhart, Texas -- report on competitive
factors.
Submitted, August 3, 1994.

H. 2

AUGUST 1, 1994
PAGE 9

TO

AUGUST 5, 1994

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

COMPETITIVE FACTORS REPORTS




Philadelphia

CoreStates Bank, National Association, Philadelphia,
Pennsylvania, proposed merger with Third National
Bank and Trust Company, Scranton, Pennsylvania;
Lehigh Valley Bank, Bethlehem, Pennsylvania;
Cheltenham Bank, Rockledge, Pennsylvania; and Bucks
County Bank and Trust Co., Perkasie, Pennsylvania
-- report on competitive factors.
Submitted, August 5, 1994.

Minneapolis

First American Bank Wisconsin, Amery, Wisconsin,
proposed merger with Bank of Menomonie, Menomonie,
Wisconsin -- report on competitive factors.
Submitted, August 1, 1994.

Atlanta

First Liberty Financial Corporation and First Liberty
Bank, Macon, Georgia, proposed acquisition of
Central Banking Company, Swainsboro, Georgia, and
The Central Bank -- report on competitive factors.
Submitted, August 1, 1994.

Chicago

First of America Bank - Northeast Illinois, National
Association, Libertyville, Illinois, proposed
merger with First State Bank & Trust Company of
Park Ridge, Park Ridge, Illinois; Bank of Buffalo
Grove, Buffalo Grove, Illinois; and First State
Bank of Gurnee, Gurnee, Illinois -- report on
competitive factors.
Submitted, August 3, 1994.

Richmond

First Union National Bank of D.C., Washington, D.C.,
proposed merger with Home Federal Savings Bank -report on competitive factors.
Submitted, August 5, 1994.

Dallas

Heritage Bank, Wharton, Texas, proposed purchase of
the Liberty, Texas, branch of Texas Commerce Bank,
N.A., Houston, Texas -- report on competitive
factors.
Submitted, August 3, 1994.

H. 2

AUGUST 1, 1994
PAGE 10

TO

AUGUST 5, 1994

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

COMPETITIVE FACTORS REPORTS




San Francisco

Home Savings of America, FSB, Irwindale, California,
proposed purchase of certain assets and assumption
of certain liabilities of five branches of
Hawthorne Savings and Loan Association, Hawthorne,
California -- amended report on competitive
factors.
Submitted, August 2, 1994.

San Frameisco

Home Savings of America, FSB, Irwindale, California,
proposed purchase of certain assets and assumption
of certain liabilities of nine branches of Fidelity
Federal Bank, FSB, Glendale, California -- report
on competitive factors.
Submitted, August 3, 1994.

Atlanta

Intercontinental Bank, Miami, Florida, proposed
merger with Boca Bancorp, Inc., Boca Raton,
Florida, and Boca Bank -- report on competitive
factors.
Submitted, August 1, 1994.

Kansas City

Interim National Bank & Trust Co., Chickasha,
Oklahoma, proposed merger with First National Bank
of Alex, Alex, Oklahoma, and First National Bank
and Trust Co., Chickasha, Oklahoma -- report on
competitive factors.
Submitted, August 4, 1994.

Minneapolis

First Federal Savings and Loan Association of
Montana, Missoula, Montana, proposed merger with
First Federal Interim Savings Association -- report
on competitive factors.
Submitted, August 5, 1994.

Richmond

Lexington State Bank, Lexington, South Carolina,
proposed merger with The Community Bank of South
Carolina, Varnville, South Carolina -- report on
competitive factors.
Submitted, August 3, 1994.

H. 2

AUGUST 1, 1994
PAGE 11

TO

AUGUST 5, 1994

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

COMPETITIVE FACTORS REPORTS




Richmond

Lexington State Bank, Lexington, South Carolina,
proposed merger with Branch Banking ad Trust
Company of South Carolina, Greenville, South
Carolina -- report on competitive factors.
Submitted, August 3, 1994.

Kansas City

New El Pueblo Bank, Santa Fe, New Mexico, proposed
merger with El Pueblo State Bank, Espanola, New
Mexico -- report on competitive factors.
Submitted, August 3, 1994.

New York

Northfield Savings Bank, Staten Island, New York,
proposed acquisition of certain assets and
assumption of liability to pay deposits made in two
branches of Crossland Federal Savings Bank,
Brooklyn, New York -- report on competitive
factors.
Submitted, August 3, 1994.

Dallas

Norwest Interim Bank Kerrville, N.A., Kerrville,
Texas, proposed merger with First National Bank of
Kerrville -- report on competitive factors.
Submitted, August 4, 1994.

St. Louis

Peoples Bank and Trust of the Cumberlands,
Cookeville, Tennessee, proposed purchase of six
branches of Trans Financial Bank of Tennessee,
F.S.B., Tullahoma, Tennessee -- report on
competitive factors.
Submitted, August 5, 1994.

Richmond

Southern Bank and Trust Company, Mount Olive, North
Carolina, proposed purchase of certain assets and
assumption of certain liabilities of the Scotland
Neck, North Carolina, branch of First-Citizens Bank
and Trust Company, Raleigh, North Carolina -report on competitive factors.
Submitted, August 5, 1994.

Richmond

Union Federal Savings Bank, Union, South Carolina,
proposed merger with Union Federal Interim Savings
Bank
report on competitive factors.
Submitted, August 1, 1994.

H. 2

AUGUST 1, 1994
PAGE 12

TO

AUGUST 5, 1994

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

COMPETITIVE FACTORS REPORTS
Richmond

Wesbanco Bank Fairmount, Inc., Fairmount, West
Virginia, proposed merger with Wesbanco Bank
Morgantown, Inc., Morgantown, West Virginia -report on competitive factors.
Submitted, August 4, 1994.

Secretary

Signet Credit Card Bank, Richmond, Virginia - - t o
become a member of the Federal Reserve System.
Approved, August 4, 1994.

St. Louis

Southern Commercial Bank, St. Louis, Missouri -- to
become a member of the Federal Reserve System.
Approved, August 5, 1994.

MEMBERSHIP

REGULATIONS AND POLICIES




Director, C&CA

Regulation DD -- issuance of an official staff
commentary that applies and interprets the
requirements of the regulation (Docket R-0824).
Approved, August 3, 1994.

H .2

ADDITIONS AND CORRECTIONS

AUGUST 1, 1994
PAGE 13

TO

AUGUST 5, 1994

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

BANK HOLDING COMPANIES
Chicago

Baylake Corp., Sturgeon Bay, Wisconsin -- to acquire
Kewaunee County Banc-Shares, Inc., Kewaunee,
Wisconsin, and State Bank of Kewaunee.
Approved, July 29, 1994.

Chicago

First National Bancorp, Inc., Joliet, Illinois -- to
acquire Plano Bancshares, Inc., Plano, Illinois,
and Community Bank of Plano.
Returned, July 29, 1994.

BANKS. STATE MEMBER
Director, BS&R

First Bank, Strasburg, Virginia -- transfer agent
registration.
Approved, July 28, 1994.

COMPETITIVE FACTORS REPORTS




Dallas

First State Bank, National Association, Abilene,
Texas, proposed merger with First National Bank in
Stamford, Stamford, Texas, and Winters State Bank,
Winters, Texas -- report on competitive factors.
Submitted, March 3, 1994.

Kansas City

Independent Bank of Kersey, Kersey, Colorado,
proposed merger with The First State Bank of
Wiggins, Wiggins, Colorado -- report on competitive
factors.
Submitted, July 29, 1994.

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

Application

Comment Period Ending Date
NONE
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date

Fleet Financial Group, Inc.,
Providence, Rhode Island,
BayBanks, Inc., Boston,
Massachusetts, Shawmut
National Corporation,
Hartford, Connecticut,
Bank of Boston Corporation,
Boston, Massachusetts and
6 Second District bank holding
companies and 1 Third District
bank holding company - 4(c)(8)
application to engage in data
processing and data transmission
services through the joint
ownership of Infinet Payment
Services, Inc., the entity which
would result from the proposed
merger of the NYCE and Yankee 24
ATM networks

Federal Register
Not Yet Established

SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
*Subject to CRA.




SECTION V
Institution

AVAILABILITY OF CRA PUBLIC EVALUATIONS
Examination Date

Rating**

NONE

**Rating Definitions:
"O" - Outstanding; "S" - Satisfactory; "
- Needs to Improve; "SN"
Substantial Noncompliance.




Federal Reserve Bank of New York
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
United Jersey Bank, Hackensack, New Jersey ("UJB") to merge
with Valley Savings Bank, Closter, New Jersey ("VSB'j under
the title and charter of UJB and to establish branches; both
UJB and VSB are wholly-owned subsidiaries of UJB Financial
Corp. Princeton, New Jersey.1/
,
9/1/94
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
First Empire State Corporation, Buffalo, New York, ("First
Empire") to acquire all of the voting shares of Ithaca
Bancorp, Inc., Ithaca, New York ("Bancorp"), and thereby
acquire Citizens Savings Bank F.S.B., Ithaca, New York
("Savings Bank"), the federally-chartered savings bank
subsidiary of Bancorp, and under certain circumstances to
exercise an option to acquire up to 16.7 percent fo the
voting shares of Bancorp, and Manufacturers and Traders Trust
Company, Buffalo, New York, the commercial bank subsidiary
of First Empire, to merge with Citizens Savings and Loan
Association, the successor to Savings Bank upon its conversion
to a state-chartered savings and loan association.!./
8/26/94
North Fork Bancorporation, Inc., Mattituck, New York, to
merge with Metro Bancshares, Inc., Jericho, New York ("Metro"),
and thereby to indirectly acquire Metro's wholly-owned savings
bank subsidiary, Bayside Federal Savings Bank, Jericho, New
York, ("Bayside") and to merge Bayside, a federally-chartered
savings bank, with and into North Fork Bank, Mattituck, New York,
Applicant's wholly-owned state-chartered bank subsidiary.!./ 9/2/94
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
J.P. Morgan & Co., Incorporated, New York, New York through
its wholly-owned subsidiary, J.P. Morgan Community
Development Corporation to acquire a 20 percent interest in
Times Square Investment Limited Partnership and thereby
engage in community development activities.
8/15/94
Dresdner Bank AG, Frankfurt, Germany, to engage de novo
through its 65.8426 percent owned subsidiary,Oechsle
International Advisors, L.P. Boston, Massachusetts in
providing foreign exchange advisory services, including
currency overlay activities and providing investment advice
on financial futures and options on futures as a commodity
trading advisor.
N/A




2/

2/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only), con't.
Credit Lyonnais S.A., Paris, France, indirectly through its
wholly-owned subsidiary, Credit Lyonnais International Asset
Management USA, San Francisco, California, to act as an
investment adviser to registered investment companies,
including sponsoring, organizing, and managing a closed-end
investment company and to provide portfolio investment advice
and management services to institutions and high-net worth
individuals.
8/30/94
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 Ending August 6, 1994
NAME OF BANK

RATING

EXAMINATION DATE

|W |tO |H

None.
/
/
/

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
None
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
Guaranty Bancshares Corp., Shamokin, PA - Change in Bank Control Notice filed by Jack
and Maureen Moran to acquire up to 24.9% of common shares.
Federal Register comment period expires:
Newspaper comment period expires:

N.Avail
N.Avail

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
First Fidelity Bancorporation, Newark, New Jersey to engage in data processing
activities as a result of its pending acquisition of 8.021% of the Class B Common Stock
of InfiNet Payment Services, Hackensack, New Jersey, pursuant to Section 4(c)(8) of the
Bank Holding Company Act and Section 225.25(b)(7) of Regulation Y.
Federal Regist. comment period expires:

N. Avail (*Not yet published)

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 August 5 , 1994.
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

Examination Date

CRA Rating

Johnstown Bank & Trust Co
532-34 Main Street
Doylestown, PA.,
18901

4/4/94

Satisfactory




Federal Reserve B ank
of C leveland
P. 0. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending August 6, 1994)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received O A K A R application from CoBancorp, Inc.,
Elyria, O hio, on July 27, 1994, to acquire the Avon
and Sheffield Lake offices of C harter One, FSB,
Cleveland, O hio.

’;N ot Yet K now n#
'

Received Section 18(c) application from PremierBank
and Trust, Elyria, O hio, on July 27, 1994, to
acquire the Avon and Sheffield Lake offices of
C harter One, FSB, Cleveland, O hio.

’!N ot Yet K now n#
'

Received expedited notice from The O hio Bank,
Findlay, O hio, on July 29, 1994, of its intent
to establish a branch facility at Fishinger Boulevard
and Mill Run Drive, Columbus, O hio.

’■ '"Not Yet K now n#

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a)(1) application from G illm or
Financial Services, Inc., O ld Fort, O hio, on July 27, 1994,
to acquire O ld Fort Banking Com pany, O ld Fort, O hio.

*N o t Yet K now n#

Received Section 3(a)(1) application from A M H Flolding
C om pany, Morehead, Kentucky, on July 25, 1994, to
acquire 66.93 percent of The Citizens Bancorp of
Morehead, Inc., Morehead, Kentucky.

*N: August 22, 1994

Received Section 3(a)(5) application from The Citizens
Bancorp of Morehead, Inc., Morehead, Kentucky,
on July 25, 1994, to acquire A M H H olding Company,
Morehead, Kentucky.

*N: August 22, 1994

Z

* - Subject to CRA
N - N ew spaper Com m ent Period
F - Federal Register C om m ent Period
# - Expected to end approximately 30 days from date of application’s receipt
## - Expected to end approxim atley 18 days from date of application’s receipt

Ph




Fe d e r a l R e s e r v e B a n k
of C leveland
P. 0. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending August 6, 1994)
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

Received Section 3(a)(1) application from V ictory
Bancshares, Inc., Mt. Victory, O hio, on July 25, 1994,
to acquire The Mt. Victory State Bank, Mt. Victory, O hio.

*F: August 26, 1994

Received Section 3(a)(3) application from Pikeville
*F: September 8, 1994
N ational C orporation, Pikeville, K entucky, on August 5, 1994,
to acquire C om m unity Bank of Lexington, Inc., Lexington,
Kentucky.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Received Section 4(c)(8) applications from Banc One,
C orporation, Colum bus, Ohio; KeyCorp, Cleveland, Ohio;
N ational C ity C orporation, Cleveland, Ohio; P N C Bank
C orp., Pittsburgh, Pennsylvania; and Mellon Bank
C orporation, Pittsburgh, Pennsylvania, on June 23, 1994,
of their intent to acquire equal 16.67 percent share
interests in Electronic Paym ent Services, Inc.,
W ilm ington, Delaware.

N o t Yet K now n

Received Section 4(c)(8) application from G ilm or
Financial Services, Inc., O ld Fort, O hio, to acquire
O ld Fort Real Estate C om pany, O ld Fort, O hio.

N o t Yet K now n#

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

* - Subject to CRA
N - Newspaper C om m ent Period
F - Federal Register C om m ent Period
# - Expected to end approximately 30 days from date of application’s receipt
## - Expected to end approximatley 18 days from date of application’s receipt



AVAILABILITY O F C R A PU B LIC EV A L U A T IO N S
(August 5, 1994)

The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance w ith The C om m unity Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended August 5,
1994. 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:
O U T ST A N D IN G : 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 com m unity,
including low- and moderate-income neighborhoods, in a m anner consistent w ith its resources
and capabilities.
SA TISFACTORY : a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated com m unity, including low- and
moderate-income neighborhoods, in a m anner consistent w ith its resources and capabilities.
N EED S T O IM PRO V E: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated com m unity, including
low- and moderate-income neighborhoods, in a m anner consistent w ith its resources and
capabilities.
SU BSTA N TIA L N O N C O M PLIA N C E: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated
com m unity, including low- and moderate-income neighborhoods, in a m anner consistent w ith
its resources and capabilities.




NONE

Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Fairfax Bank 6c Trust Company, Fairfax,
Virginia, to establish a branch at
12220 Fairfax Towne Center, Fairfax,
Virginia.*

8-26-94

First Citizens BancShares, Inc., Raleigh,
North Carolina, to have it subsidiary,
First-Citizens Bank 6c Trust Company,
Raleigh, North Carolina, merge with First
Republic Savings Bank, FSB, Roanoke Rapids,
North Carolina.*

8-28-94

First Community Bank, Princeton, West
Virginia, to merge with The Flat Top
National Bank, Bluefield, West Virginia;
Peoples Bank of Bluewell, Bluewell, West
Virginia; and First Federal Savings Bank,
Bluefield, West Virginia.*

8-29-94

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

Comment Period Ending Date

NationsBank Corporation, Charlotte, North
Carolina, for prior approval to merge with
RHNB Corporation, Rock Hill, South Carolina.*

8-29-94

The First National Bank of Keystone
Employee Stock Ownership Plan, Keystone,
West Virginia, to become a bank holding
company through the acquisition of The
First National Bank of Keystone, Keystone,
West Virginia.*

9-2-94**

City Holding Company, Charleston, West
Virginia, to acquire Hinton Financial
Corporation, Hinton, West Virginia.*

Not yet available.

*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.



F e d e ra l R eserve Bank o f R ic h m o n d --c o n td .

Section III - Applications Subject to Federal Register Notice

Application

Comment Period Ending Date

Summit Financial Corporation, Greenville,
South Carolina, to engage da novo in
consumer finance activities through Freedom
Finance, Inc., Greenville, South Carolina.

8-29-94**

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

**Expiration of comment period specified in the Federal Register.




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending August 5, 1994

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
F & M Bank-Broadway
153 North Main Street
Broadway, Virginia 22815
Bank of Isle of Wight
1803 Church Street
Smithfield, Virginia 23430-1819




Rating

5-9-94

Satisfactory

5-16-94

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending August 5. 1994
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period' Ending Date

The Peoples Bank & Trust Company
Selma, Alabama
To establish a branch located at
Alabama.

08-12-94*
801

Alabama

Avenue,

Selma,

Equitable Bank
08-04-94*
North Miami Beach, Florida
To establish a branch located at One North University Drive,
Plantation, Florida, to be known as Equitable Bank Plantation
Banking Center.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Alabama Bancorp
07-15-94*
Birmingham, Alabama
Newspaper
After-the-fact change in control notice by Elton B. Stephens
Charitable Lead Annuity Trust, to retain 36.6 percent of the
outstanding shares of Alabama Bancorp, Birmingham, Alabama.
Brantley Bancorp, Inc.
08-30-94*
Brantley, Alabama
Federal Register
Change in control notice by JamesHubert Hollis, Jr.,
to acquire an
additional 5.06 percent of the outstanding shares of Brantley
Bancorp, Inc., Brantley, Alabama. Total ownership will equal 25.77
percent.
Citizens Gwinnett Bankshares, Inc.
Not yet available*
Duluth, Georgia
1 -BHC formation, Citizens Bank of Gwinnett, Duluth, Georgia.
Community Bankshares, Inc.
08-06-94*
Cornelia, Georgia
Federal Register
To acquire The Bank of Troup County, LaGrange, Georgia, pursuant to
Section 3 ( a ) (3) of the Bank Holding Company Act.
CB&T Holding Corporation
08-26-94*
New Orleans, Louisiana
Newspaper
1 -BHC formation, City Bank & Trust, New Orleans, Louisiana.

*Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending August 5, 1994
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

First Bank Shares of the South East, Inc.
09-02-94
Alma, Georgia
To acquire Full Service Financial, Inc., Nicholls, Georgia (a
consumer finance company that offers credit-related insurance),
pursuant to Sections 225.25(b)(1)(i) and 225.25(b)(8) of Regulation
Y.
Synovus Financial Corp.
Not yet available*
Columbus, Georgia
Through its subsidiary,
Synovus Securities,
Inc.,
Columbus,
Georgia, to engage de novo in providing securities brokerage
services, related securities, pursuant to Section 225.25(b)(15) of
Regulation Y.
First Commerce Corporation
Not yet available*
New Orleans, Louisiana
To acquire Wolcott Mortgage Group, Inc., Metairie, Louisiana,
pursuant to Section 4 (c) (8) of the Bank Holding Company Act and
Section 225.25(b)(1) of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
AmTrade International Bank of Georgia
Atlanta, Georgia
Commitment waiver request.
First Liberty Financial Corp.
Doraville, Georgia
Request for waiver of the application requirement of Section
3 ( a ) (1) of the Bank Holding Company Act for the proposal to acquire
Central Banking Company, Swainsboro, Georgia.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending August 5, 1994
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
Commercial Bank of Florida
1550 S.W. 57 Avenue
Miami, FL 33144
(305)267-1200
Citizens Trust Bank
Post Office Box 4485
Atlanta, Georgia 30302
(404)659-5959




Rating

Date

Satisfactory

04-04-94

Outstanding

04-18-94

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only

Type
Branch

Grayling State Bank
Grayling, Michigan
S. E. Corner at Main Street
and Central Avenue
Gaylord, Michigan

Comment Period
Date

Application

N

- 8- -94

(M-32)

Oakar

Shoreline Bank
Benton Harbor, Michigan
South Haven Branch of Great Lakes Bancorp
South Haven, Michigan

N - **

Branch

Liberty Bank
Milwaukee, Wisconsin
Southeast corner of North Port Washington
Road & Green Tree Road
Glendale, Wisconsin

N - 8-6 94

Reg K

First Chicago Corporation
Chicago, Illinois
First Chicago Bank (Mexico) S.A.,
Mexico City, Mexico

N - **

Branch

Comerica Bank
Detroit, Michigan
1965 Baldwin
Jenison, Michigan
2900 Burlingame,. S.W.
Wyoming, Michigan
3960 4.4th Street, S.W.
Grandville, Michigan
515 10 Mile Road, N.E.
Rockford, Michigan

N - 8-8 94

Branch

The Rock Island Bank
Rock Island, Illinois
42nd Avenue & 7th Street
East Moline, Illinois

N - 8-1 -94

Oakar

Firstbank Corporation
Alma, Michigan
St. Charles Branch of Standard
Federal Bank, F.S.B.
Troy, Michigan

n




- **

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

Type

Application

Oakar

Associated Banc-Corp.
Green Bay, Wisconsin
North Shore Bank, F.S.B.
Brookfield, Wisconsin

N - **

Merger

First Bank North
Freeport, Illinois
DeKalb, Illinois branch of
Home Federal Savings & Loan Association
Elgin, Illinois

N




- **

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Ending Date

Application
Y-2

F Sc M Bancorporation, Inc.
Kaukauna, Wisconsin
Union State Bank
Wautoma, Wisconsin*

FR - 8-12-94
NP - 8-15-94

Y-2

Greatbanc, Inc.
Aurora, Illinois
Greatbank
Algonquin, Illinois*

FR - 8-18-94
NP - **

Y-2

First Citizens of Paris,
Paris, Illinois
Oakland National Bank
Oakland, Illinois*

CoC

Worthington Bancorporation
Worthington, Iowa
Joseph Daly, Nancy Dunkel,
Donald Kout, Donald Schrage & Wilma Bunn

FR - 8-17-94
N - **

Y-l

Village Investment Company
Libertyville, Iowa
Libertyville Savings Bank
Libertyville, Iowa*

FR - 8-18-94
N - 8-15-94

Y-l

First Ozaukee Capital Corp.
Cedarburg, Wisconsin
First Ozaukee Savings Bank
Cedarburg, Wisconsin*

FR - 7-25-94
N - 8-13-94

Y-2

Panhandle Aviation, Inc.
Clarinda, Iowa
Bank of Altoona (in organization)
Altoona, Iowa*

FR - 8-6-94
N
- 7-16-94

Y-l

H S B, Inc.
Hedrick, Iowa
Hedrick Savings Bank
Hedrick, Iowa*

FR - 8-1-94
N - 8-1-94

CoC-HC

North Linn Corporation
Coggon, Iowa
by Rufus Sisler

FR - 8-17-94
N - **




Inc.

FR - 7-21-94
N - 8-08-94

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date

Type

Application

CoC-HC

North Salem State Bancorporation
North Salem, Indiana
Robert G. Porter, William R. Jones
and Elizabeth J. Jones

FR - 8-2-94
N
- 7-15-94

CoC-HC

North Bank Corporation
Hale, Michigan
North Bank Employee Stock Ownership
Plan & Trust
Hale, Michigan

FR - 8-3-94
N - **

Y-l

Philipps Investment Company Limited
Partnership
Spring Hill, Florida
Gratiot Bancshares, Inc.
Gratiot, Wisconsin
Gratiot State Bank
Gratiot, Wisconsin*

FR - 8-6-94
N

-

**

Y-2

Country Bank Shares Corporation
Mount Horeb, Wisconsin
Belleville Bancshares Corporation
Belleville, Wisconsin
Belleville State Bank
Belleville, Wisconsin*

FR - 8-22-94
NP - 8-17-94

Y-2

Ames National Corporation
Ames, Iowa

FR - 9-1-94
NP - 8-12-94

Randall-Story Bancshares, Inc.
Story City, Iowa
Randall-Story State Bank
Story City, Iowa*
Y-2




First National Bancorp, Inc.
Joliet, Illinois
Plano Bancshares, Inc.
Plano, Illinois
Community Bank of Plano
Plano, Illinois*

FR - 8-6-94
N
- 8-2-94

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

Type

Application

Y-2

Peotone Bancorp, Inc.
Peotone, Illinois
Minooka Bancorp, Inc.
Minooka, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Westbanco, Inc.
Westville, Illinois*

FR - 8-6-94
N
- 8-8-94

Y-2

Southwest Bancorp, Inc.
Worth, Illinois
Minooka Bancorp, Inc.
Minooka, Illinois
Founders Bancorp, Inc.
Scottsdale, Arizona
Westbanco, Inc.
Westville, Illinois*

FR - 8-6-94
N
- 8-8-94

CoC

Lena Bancorp, Inc.
Lena, Illinois
by John Bollman

FR - 8-23-94
N
- 8-10-94

Y-2

Associated Banc-Corp.
Green Bay, Wisconsin
Spencer Bancorporation,
Spencer, Wisconsin &
Spencer State Bank
Spencer, Wisconsin*

FR - 8-29-94
N

- **

Inc.

CoC- HC

Dysart Bancshares, Inc.
Dysart, Iowa
Michael D. Griffin & Debra K. Kever as
Executor of Gordon H. Griffin Estate

FR - 7-13-94
N
- 7-21-94

Y-l

St. Francis Capital Corporation
Milwaukee, Wisconsin
Valley Bank, East Central
Kewaskum, Wisconsin*

FR - 9-2-94
N
- 7-4-94

Y-l

West Town Bancorp, Inc.
Cicero, Illinois
West Town Savings Bank
Cicero, Illinois*

FR - **
N
- **

Y-2

Citizens Central Bancorp,
Macomb, Illinois
Roseville State Bank
Roseville, Illinois*




Inc.

FR

-

**

N

-

**

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

Type

Application

CoC-HC

Charter National Bancorp,
Taylor, Michigan
Robert M. Taylor

Y-l

MBT Corp.
Forest City, Iowa
Manufacturers Bank & Trust Company
Forest City, Iowa*




Inc.

FR - * *
N
- 8-18-94
FR - ★ *
**
N

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only

Type
Y-4

Amcore Financial Inc.
Rockford, Illinois
Professional American Collections,
North Aurora, Illinois

Comment Period
Date

Application

FR - 8- 9-94
Inc.

Y-4

Amcore Financial Inc.
Rockford, Illinois
A/R Management, L t d .
Oconomowoc, Wisconsin

FR - 8- 9-94

4 (C) (8)

MBT Bancorp
West Harrison, Indiana
Whitewater Agency, Inc.
West Harrison, Indiana

FR - 8- 15-94

Y-4

Johnson International, Inc.
Racine, Wisconsin
Seaboard Savings Bank, F.S.B.
Stuart, Florida

FR - 8- 12-94
NP - 8- 11-94

Y-4

Republic Bancorp, Inc.
Owosso, Michigan
Home Funding, Inc.
Hopewell Junction, New York

FR - 8- 16-94

Y-4

First of America Bank Corporation
Kalamazoo, Michigan
First of America Securities, Inc.
Kalamazoo, Michigan--acting as
riskless principal for and privately
placing all types of securities,
underwriting and dealings

FR - 8- 3-94

4 ( C ) (8)

First Midwest Corporation of Delaware
Elmwood Park, Illinois
Midwest One Mortgage Services, Inc.
Melrose Park, Illinois

FR - 6- 6-94

4 (c) (8)

Ambank Company, Inc.
Sioux Center, Iowa
Continue to engage in its insurance
agency activities

N - S - -94
i




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

Comment Period
Ending Date

T y pe

Application

4(c) (8)

Alpha Financial Group, Inc.
Minonk, Illinois
CDC--River Valley Community Development
Corporation
Springfield, Illinois

FR - 8-26-94

4(c) (8)

S t . Francis Capital Corporation
Milwaukee, Wisconsin
Engage in making and servicing of loans

FR - 9-2-94

Y-4

St. Francis Capital Corporation
Milwaukee, Wisconsin
St. Francis Bank, F.S.B.
Milwaukee, Wisconsin

FR - 9-2-94

Y-4

S t . Francis Capital Corporation
Milwaukee, Wisconsin
St. Francis Equity Properties, Inc.
Milwaukee, Wisconsin

FR - 9-2-94

4(c) (8)

West Town Bancorp, Inc.
FR - **
Cicero, Illinois
Engage dg novo in making and servicing of loans




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

Type

Application

RoS

Worthington Bancorporation
Worthington, Iowa
to redeem 6,875 shares of its common stock

N
- Newspaper
FR
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
August 5, 1994.
If you are interested in obtaining a copy of the evaluation
document, please contact the bank(s) directly.
Identification of Ratings

0 -

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
lowand
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
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.

SN -

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
lowand
moderateincome
neighborhoods,
in a manner consistent with its
resources and
capabilities.

BANK NAME/LOCATION
-The First Commercial Bank
6945 North Clark Street
Chicago, Illinois
60626-3298
(312) 761-4300




EXAMINATION DATE

4/25/94

RATINGS

S

FEDERAL RESERVE BANK OF ST. LOUIS
FOR THE WEEK ENDING AUGUST 5, 1994

Application

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

None.

Application

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

^Section 3(a)(3) application by Union Planters
Corporation, Memphis, Tennessee, to acquire a
100% interest in Mid South Bancshares, Inc.,
Paragould, Arkansas.

Newspaper: 9-4-94

^Section 3(a)(3) application by Community First
Financial Group, Inc., English, Indiana, to
acquire a 38.66% interest in Peninsula National
Bank, Rolling Hills Estates, California.

Newspaper: 9-6-94

Application

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
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
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 community, including low- and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve 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 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.

FOR THE WEEK ENDING
Name of Bank
None




August 5, 1994

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only

Comment Period
Ending Date

Application
Western Bank of Wolf Point, Inc.
Wolf Point, MT
To become a member of the
Federal Reserve System

Not yet available

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

Comment Period
Ending Date

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting
shares of the First National
Bank of Kerrville, Kerrville, TX*

August 22, 1994
(Federal Register)

B & E Investments, Inc. (State
Bank of Arcadia) Employee Stock
Ownership Plan and Trust
Arcadia, WI
To acquire 30.09% of the voting
shares of B & E Investments, Inc.,
Arcadia, W I , which owns 81.25% of
State Bank of Arcadia, Arcadia, WI*

August 29, 1994
(Federal Register)

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting
shares of Alexandria Securities
and Investment Company,
Alexandria, MN*

September 2, 1994
(Federal Register)

Norwest Corporation
Minneapolis, MN
To acquire 100% of the voting
shares of Texas National Bancshares,
Inc., Midland, TX*

September 2, 1994
(Federal Register)

First Community Bancorporation, Inc.
Glasgow, MT
To acquire 90% of the voting shares
of First Community Bank, Glasgow, MT*

Not yet available

Pequot Area Bancorporation, Inc.
Pequot Lakes, MN
To acquire 100% of the voting shares
of Pequot Lakes State Bank, Pequot,
MN*

Not yet available




Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application (Continued)
Angelo Medure, Midwest Minnesota
Community Development Corporation,
Inc., and CDC Investment, Inc.,
Detroit Lakes, MN
To acquire 90.2% of the voting
shares of Waubun Bancshares, Inc.,
Waubun, MN*

Comment Period
Ending Date
August 30, 1994
(Federal Register)

^Subject to CRA

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
Norwest Corporation
Minneapolis, MN
To engage in discount
brokerage activities through
the acquisition of the discount
brokerage business of Community
State Bank, Alexandria, MN

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Noti
Application
NONE.




September 2, 1994

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending August 5, 1994
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 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(S) EXAMINED

DATE OF EXAMINATION

CRA RATING

Ronan State Bank
P.0. Box B
Ronan, MT 59864-0069
(406) 676-4600

May 2, 1994

Outstanding




Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Lafayette State Bank, Lafayette,
Colorado, for prior approval to
establish branch facilities in
Louisville, and Boulder, Colorado.

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

Stephen B. and Pamela Holton, Poteau,
Oklahoma, for prior approval to
acquire an additional 6.03 percent,
for a total of 26.45 percent, of the
voting shares of Central Bancshares
of Poteau, Inc., Poteau, Oklahoma.*

August 25, 1994

F & M State Bancorporation, Inc.,
Cawker City, Kansas, for prior
approval to become a bank holding
company through the acquisition of
92.5 percent of the voting shares of
Farmers & Merchants State Bank,
Cawker City, Kansas.*

Not Available

FirsTier Financial, Inc., Omaha,
Nebraska, for prior approval to merge
with Cornerstone Bank Group, Inc.,
Council Bluffs, Iowa.*

Not Available

First Summerfield Corporation,
Summerfield, Kansas, for prior
approval to become a bank holding
company through the acquisition of
90.40 percent of the voting shares of
The First National Bank of
Summerfield, Summerfield, Kansas.*

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
BOK Financial Corporation, Tulsa,
Oklahoma, for prior approval to
engage in nonbanking activities
through the acquisition of 33 percent
of the voting shares of Digisource,
Inc., Fayetteville, Arkansas.



COMMENT PERIOD ENDING DATE
Not Available

Federal Reserve Bank of Kansas City

Colt Investments, Inc., Leawood,
Kansas, for prior approval to engage
de novo in the nonbanking activity of
making and servicing loans.

Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None .
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
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
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate income neighborhoods,
xn 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 moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Substantial noncompliance in meeting community credit needs




Federal Reserve Bank of Kansas City

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 moderateincome 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 AUGUST 1, 1994
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

♦Section 5(d)(3) Oakar transaction by
Heritage Texas Group, Inc., Employee Stock Ownership Plan,
Pittsburg, TX (Pittsburg National Bank, Pittsburg, TX), to
acquire the Marshall Branch of Pacific Southwest Bank,
F.S.B., Corpus Christi, TX
(Branch is located at 400 S. Alamo Blvd., Marshall,,TX)
(Previously reported during the week of 7-18-94)
♦Section 5(d)(3) Oakar transaction by
Heritage Texas Group, Inc., Pittsburg, TX
(Pittsburg National Bank, Pittsburg, TX), to
acquire the Marshall Branch of Pacific Southwest Bank,
F.S.B., Corpus Christi, TX
(Branch is located at 400 S. Alamo Blvd., Marshall, TX)
(Previously reported during the week of 7-18-94)
♦Section 5(d)(3) Oakar transaction by
Heritage Delaware Corporation, Dover, DE (Pittsburg National
Bank, Pittsburg, TX), to acquire the Marshall Branch of
Pacific Southwest Bank, F.S.B., Corpus Christi, TX
(Branch is located at 400 S. Alamo Blvd., Marshall, TX)
(Previously reported during the week of 7-18-94)

94/08/13

94/08/13

94/08/13

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
♦Section 3(a)(1) application by
Heritage Texas Group, Inc. Employee Stock
Ownership Plan, Pittsburg, TX, to acquire
Heritage Texas Group, Inc., Pittsburg, TX,
Heritage Delaware Corporation, Dover, DE,
and Pittsburg National Bank, Pittsburg, TX
(Previously reported during the week of 7-11-94)
♦Section 3(a)(1) application by
Heritage Texas Group, Inc., Pittsburg, TX, to
acquire Heritage Delaware Corporation, Dover, DE,
and Pittsburg National Bank, Pittsburg, TX
(Previously reported during the week of 7-11-94)




** NOTICE EXP

94/08/13

94/08/13

♦Section 3(a)(1) application by
Heritage Delaware Corporation, Dover, DE, to
acquire Pittsburg National Bank, Pittsburg, TX
(Previously reported during the week of 7-11-94)

94/08/13

♦Section 3(a)(1) application by
Mesa Financial Corporation, Sweetwater, TX, to acquire
Texas Delaware Bancshares, Inc., Dover, DE, and Texas
National Bank, Sweetwater, TX (de novo)

N/A

♦Section 3(a)(1) application by
Texas Delaware Bancshares, Inc., Dover,’DE, to acquire
Texas National Bank, Sweetwater, TX (de novo)

N/A

♦Section 3(a)(1) application by
Pioneer Bankshares, Inc., Fredericksburg, TX, to acquire
Pioneer II Bankshares, Inc., Dover, DE, and Pioneer
National Bank, Fredericksburg, TX

N/A

♦Section 3(a)(1) application by
Pioneer II Bankshares, Inc., Dover, DE, to acquire
Pioneer National Bank, Fredericksburg, 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
Section 9 application received from
The State Bank of Texas, Houston, TX
(currently Antoine National Bank),
to become a member of the Federal Reserve System

* 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 AUGUST 1. 1994
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

A1ief A1amo Bank
P. 0. Box 721680
12300 Bellaire Blvd.
Houston, TX 77272

94/04/25

Satisfactory

First Bank of Snook
P. 0. Drawer 39
FM Loop 2155
Snook, TX 77878

94/04/25

Satisfactory




CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 8/05/94
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

West One Bank, Idaho, Boise, Idaho, to establish
an automatic teller machine at the Twin Falls,
Idaho County Fair, Main and Fair Avenues, Filer,
Idaho. *

Newspaper:

Not available

West One Bank, Idaho, Boise, Idaho, to establish
a branch office at Albertson's Supermarket, 20 East
Fairview Avenue, Meridian, Idaho. *

Newspaper:

Not available

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

Section III - Applications Subject to Federal Register Notice Only
BankAmerica
California,
and dealing
of debt and
Securities,

Corporation, San Francisco,
to engage de novo in underwriting
to a limited extent in all types
equity securities through BA
Inc., New York, New York.

Fed. Reg.:

Not yet published

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 8/05/94

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending August 5, 1994.
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.

The above listing has been prepared as a courtesy by the Federal Reserve Bank of
San Francisco, and is not intended to replace formal notices required by statute
or regulation; the Reserve Bank assumes no responsibility for errors or omissions.




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