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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, No. 32
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending August 8, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
CoreStates Financial Corporation* Philadelphia — to
acquire First Peoples Financial Corporation* Haddon
Township, New Jersey* First Peoples Bank of New
Jersey* Westmont* New Jersey* and shares of First
Bank of Philadelphia* Philadelphia* Pennsylvania.
Approved* August 3* 1992.
ENFORCEMENT
Baltimore Bancorp* Baltimore* Maryland — written
agreement dated July 31* 1992* with the Federal
Reserve Bank of Richmond and the Bank Commissioner
of the State of Maryland.
Announced* August 5* 1992.
First American Bank* Rosemead* California — written
agreement dated July 31* 1992* with the Federal
Reserve Bank of San Francisco.
Announced* August 5* 1992.
Home Port Bancorp* Nantucket, Massachusetts
written agreement dated August 3* 1992* with the
Federal Reserve Bank of Boston.
Announced* August 6* 1992.
UST Corp.* Boston* Massachusetts — written agreement
dated August 3* 1992* with the Federal Reserve Bank
of Boston and the Office of the Commissioner of
Banks of the Commonwealth of Massachusetts.
Announced* August 6* 1992.
INTERNATIONAL OPERATIONS




Republic National Bank of New York* New York* and
Saban S.A.* Panama City* Republic of Panama — to
make an investment in Republic National Bank of New
YorkS.A.* Paris* France.
Permitted* August 3* 1992.

H .2
AUGUST 3,
PAGE 2

1992

TO

AUGUST 7,

1992

ACTIO NS 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
Richmond

Bank of McKenney, McKenney, Virginia — to establish
an electronic transfer facility in the Thrift Mart
Truck Plaza, 5420 Boydton Plank Road, Petersburg,
Virginia.
Approved, August 7, 1992.

Richmond

Commerce Bank of Virginia, Richmond, Virginia — to
establish a branch at Suite 740 East Tower,
Riverfront Plaza, 901 East Byrd Street, Richmond,
Virginia.
Approved, August 7, 1992.

Minneapolis

Farmers State Bank of Worden, Worden, Montana —
establish a branch in Hysham, Montana.
Returned, August 5, 1992.

Chicago

Old Kent Bank of Gaylord, Gaylord, Michigan — to
establish an offsite electronic facility at the
corner of Old 27 South and McCoy Road, Bagley,
Michigan.
Returned, August 4, 1992.

Kansas City

OMNIBANK Aurora, Aurora, Colorado — to establish a
branch facility at 101 South Garfield, Denver,
Colorado.
Approved, August 6, 1992.

to

BANK HOLDING COMPANIES




San Francisco

BankAmerica Corporation, San Francisco, California —
to engage de novo in community development
activities through Seafirst Corporation, Seattle,
Washington, and Seafirst Community Service
Corporation.
Permitted, August 5, 1992.

Chicago

BW3 Bancorporation, West Des Moines, Iowa — to
purchase certain assets and assume the deposit
liabilities of the Pocahontas, Iowa, office of
Midland Savings Bank, F.S.B.. Des Moines, Iowa.
Returned,' August 5, 1992.

H .2
AUGUST 3,
PAGE 3

1992

TO

AUGUST 7,

1992

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

BANK HOLDING COMPANIES




Chicago

Caisse Nationale de Credit Agricole, Paris, France —
to engage de novo in securities brokerage services
through Credit Agricole Securities, Inc., New York,
New York.
Returned, August 7, 1992.

Kansas City

Central Financial Corporation, Hutchinson, Kansas —
to acquire Central Kansas Bankshares, Inc.
Approved, August 7, 1992.

Atlanta

Colonial BancGroup, Inc., Montgomery, Alabama — to
acquire Home Federal Savings Bank, Lafayette,
Alabama, which will be merged with Colonial Bank,
Montgomery, Alabama.
Approved, August 7, 1992.

Kansas City

CS Bancshares, Inc., Chillicothe, Missouri -- to
acquire Ray County Bank, Richmond, Missouri.
Approved, August 7, 1992.

Chicago

First Financial Corporation, Terre Haute, Indiana,
proposed acquisition of shares of First Citizens of
Paris, Inc., Paris, Illinois, and The Citizens
National Bank of Paris.
Approved, August 4, 1992.

Chicago

Great Lakes Financial Resources, Inc., Homewood,
Illinois, and Great Lakes Financial Resources,
Inc., Employee Stock Ownership Plan — to purchase
assets and assume liabilities of the Matteson,
Illinois, facility of Republic Savings Bank,
F.S.B., Chicago, Illinois.
Approved, August 4, 1992.

Minneapolis

Hansen - Lawrence Agency, Inc., Worden, Montana —
acquire First Insurance Agency, Inc., Hysham,
Montana.
Returned, August 5, 1992.

to

Minneapolis

Hansen - Lawrence Agency, Inc., Worden, Montana —
acquire First Hysham Holding Company, Hysham,
Montana.
Returned, August 5, 1992.

to

H .2
AUGUST 3,
PAGE 4

1992

TO

AUGUST 7,

1992

A CTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Minneapolis

Hansen - Lawrence Agency, Inc., Worden, Montana —
acquire Farmers State Bank of Worden.
Returned, August 5, 1992.

Richmond

NationsBank Corporation, Charlotte, North Carolina —
to engage in data processing activities.
Approved, August 7, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage de novo in investment advisory and
management consulting services through Norwest
Investment Services, Inc.
Withdrawn, August 3, 1992.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota — to
engage de novo in making and servicing loans
through Norwest Credit, Inc.
Permitted, August 3, 1992.

S t . Louis

Rockwood Bancshares, Inc., Eureka, Missouri — to
acquire the successor by merger to Rockwood Bank.
Approved, August 4, 1992.

Minneapolis

Thompson Insurance, Inc., Bismarck, North Dakota —
to acquire Historic Housing Partners, Ltd.,
Bismarck, North Dakota.
Returned, August 7, 1992.

to

BANK MERGERS




Kansas City

City Center Bank of Colorado, Aurora, Colorado —
merge with Security Bank of Colorado, and to
establish a branch.
Approved, August 5, 1992.

to

Minneapolis

Farmers State Bank of Worden, Worden, Montana —
merge with the First National Bank in Hysham,
Hysham, Montana.
Returned, August 5, 1992.

Kansas City

First Fidelity Bancorp, Inc., Oklahoma City, Oklahoma
— to merge with City Bancorp of Norman, Inc.,
Norman, Oklahoma.
Approved, August 7, 1992.

to

H .2
AUGUST 3,
PAGE 5

1992

TO

AUGUST 7,

1992

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

BANK PREMISES
Kansas City

City Center Bank of Colorado, Aurora, Colorado —
investment in bank premises.
Approved, August 5, 1992.

Cleveland

Security Dollar Bank, Niles, Ohio —
bank premises.
Approved, August 3, 1992.

S t . Louis

UniSouth Banking Corporation, Columbus, Mississippi
- investment in bank premises.
Approved, August 4, 1992.

investment in

BANKS, STATE MEMBER
Director, BS&R

Heritage Bank, McLean, Virginia —
registration.
Approved, August 7, 1992.

transfer agent

Director, BS&R

Princess Anne Bank, Virginia Beach, Virginia —
transfer agent registration.
Approved, August 7, 1992.

Kansas City

Security Bank of Colorado, Aurora, Colorado —
payment of a dividend.
Approved, August 4, 1992.

CAPITAL STOCK




Kansas City

BancFirst Corporation, Oklahoma City, Oklahoma —
redemption of shares.
Approved, August 5, 1992.

Kansas City

CNB Financial Corporation, Kansas City, Kansas —
redemption of shares.
Approved, August 5, 1992.

Chicago

Rock River Bancorporation, Inc., Oregon, Illinois redemption of shares.
Approved, August 4, 1992.

H .2
AUGUST 3,
PAGE 6

1992

TO

AUGUST 7,

1992

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

CHANGE IN BANK CONTROL
Atlanta

Bankers Trust of Alabama, Inc., Madison, Alabama —
change in bank control.
Permitted, August 7, 1992.

Kansas City

First State Bancorporation of Watonga, Inc., Watonga,
Oklahoma — change in bank control.
Permitted, August 7, 1992.

San Francisco

Met Financial Corporation, Oakland, California —
change in bank control.
Permitted, August 7, 1992.

COMPETITIVE FACTORS REPORTS




Cleveland

Belmont Bancorp, Bridgeport, Ohio — to acquire
certain assets and assume certain liabilities of
three New Philadelphia, Ohio, branches of Diamond
Savings and Loan Company, Findlay, Ohio.
Submitted, August 7, 1992.

Chicago

Community Bank of Homewood - Flossmoor, Homewood,
Illinois, proposed purchase of assets and
assumption of liabilities of the Matteson,
Illinois, office of Republic Savings Bank, F.S.B.,
Matteson, Illinois — report on competitive
factors.
Submitted, August 5, 1992.

Minneapolis

First National Bank in Brookings, Brookings, South
Dakota, proposed merger with Home Trust Savings and
Loan Association, Vermillion, South Dakota —
report on competitive factors.
Submitted, August 5, 1992.

Secretary

First Security Bank of Utah, N.A., Ogden, Utah,
proposed merger with five branches of First
Interstate Bank of Utah, N.A., Salt Lake City, Utah
— report on competitive factors.
Submitted, August 5, 1992.

Atlanta

Fortune Bank A Savings Bank, Clearwater, Florida,
proposed acquisition of the Palm Harbor branch of
Fifth Third Trust Company and Savings Bank, F.S.B.,
Naples, Florida — report on competitive factors.
Submitted, August 4, 1992.

H .2
AUGUST 3,
PAGE 7

1992

TO

AUGUST 7,

1992

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

COMPETITIVE FACTORS REPORTS




Atlanta

Liberty Bank and Trust Company, New Orleans,
Louisiana, proposed purchase of certain assets and
assumption of the liability to pay deposits made in
Corpus Christi Federal Credit Union — report on
competitive factors.
Submitted, August 3, 1992.

Boston

Mid Maine Savings Bank, FSB, Auburn, Maine, proposed
merger with Hampton Co-Operative Bank, Hampton, New
Hampshire — report on competitive factors.
Submitted, August 5, 1992.

Minneapolis

Norwest Bank Nebraska, N.A., Omaha, Nebraska,
proposed merger with Norwest Bank Lincoln, N.A.,
Lincoln, Nebraska, and Vistar Bank — report on
competitive factors.
Submitted, August 3, 1992.

Richmond

Peoples Bank of Charles Town, Charles Town, West
Virginia, proposed merger with PB Interim Bank,
Inc. — report on competitive factors.
Submitted, August 4, 1992.

Philadelphia

Provident National Bank, Philadelphia, Pennsylvania,
proposed merger with First American Savings, F.A.,
Jenkintown, Pennsylvania, and Brandywine Savings
Bank, PaSA, Dowingtown, Pennsylvania — report on
competit ive factors.
Submitted, August 4, 1992.

Richmond

SouthTrust Bank of Charleston, National Association,
Charleston, South Carolina, proposed merger with
Home Federal Savings Bank — report on competitive
factors.
Submitted, August 5, 1992.

Philadelphia

Sovereign Bank, FSB, Wyomissing, Pennsylvania,
proposed merger with Harmonia Savings Bank,
Kenilworth, New Jersey — report on competitive
factors.
Submitted, August 4, 1992.

H .2
AUGUST 3,
PAGE 8

1992

TO

AUGUST 7,

1992

ACTIO NS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Richmond

United National Bank, Parkersburg, West Virginia,
proposed merger with Montgomery National Bank,
Montgomery, West Virginia — report on competitive
factors.
Submitted, August 7, 1992.

Chicago

Valley Bank, South Central, National Association,
Watertown, Wisconsin, proposed merger with Valley
First National Bank of Beaver Dam, Beaver Dam,
Wisconsin — report on competitive factors.
Submitted, August 3, 1992.

EXTENSIONS OF TIME
San Francisco

Berkshire Hathaway, Inc., Omaha, Nebraska, and
certain subsidiaries — to acquire additional
shares of Wells Fargo & Company, San Francisco,
California.
Granted, August 5, 1992.

Dallas

Lockhart Bankshares, Inc., Lockhart, Texas —
extension to September 21, 1992, to acquire
Lockhart Bankshares - Delaware, Inc., Wilmington,
Delaware, and First - Lockhart National Bank,
Lockhart, Texas.
Granted, August 7, 1992.

Dallas

Lockhart Bankshares - Delaware, Inc., Wilmington,
Delaware — to acquire First - Lockhart National
Bank, Lockhart, Texas.
Granted, August 7, 1992.

St. Louis

Bank of Gainesville, Gainesville, Missouri — to
become a member of the Federal Reserve System.
Approved, August 3, 1992.

MEMBERSHIP




H .2
AUGUST 3,
PAGE 9

1992

TO

AUGUST 7,

1992

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

RESERVE BANK SERVICES




Director, FRBO

Check collection price and service guidelines for
1993 check repricing — modifications.
Approved, August 4, 1992.

Director, FRBO

Federal Reserve Bank of San Francisco — to implement
enhanced versions of basic MICR capture and account
total products at all District offices.
Approved, August 3, 1992.

H .2
AUGUST 3,
PAGE 10

A D D IT IO N S AND CORRECTIONS
1992

TO

AUGUST 7, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS £Nfi PQ M , » S
g
Home mortgage disclosure — publication for comment
of an amendment to Regulation C setting a new
exemption standard for nondepository lenders* to
implement section 224 of the Federal Deposit
Insurance Corporation Improvement Act of 1991.
Authorized* July 29* 1992.
Regulation CC — to implement amendments to the
Expedited Funds Availability Act enacted as part of
the Federal Deposit Insurance Improvement Act of
1991 .
Approved* July 30* 1992.

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

BANK PREMISES




Cleveland

Ohio Citizens Bank* Toledo* Ohio —
bank premises.
Approved* July 31* 1992.

investment in

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,
Federal Register Not Yet Established
Inc., Providence, Rhode
Island - 4 ( c ) (8) application
to engage in asset management,
servicing, and collection activities
through Fleet Commercial Finance
Corporation

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

Application
NONE

♦Subject to CRA




SECTION V

- AVAILABILITY OF CRA PUBLIC EVALUATIONS

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




Examination Date

NONE

"N"

Rating**

F e d e r a l R e s e r v e B a n k o f New Y o r k

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
The Bank of New York, New York, New York to acquire
substantially all of the assets and assume certain
liabilities of Barclays Bank of New York, N.A.,
New York, New York, and, incident thereto, establish
branches.1/

9/7/92

Chemical Bank to establish a branch at Kingsbrook
Medical Center, 585 Schenectady Avenue, Brooklyn,
New York.1/

9/5/92

Chemical Bank to establish a branch at Beth Israel
Medical Center North Division, 170 East End Avenue,
New York, New York.l/

9/5/92

Chemical Bank to establish a branch at Mount Sinai
Medical Center, 1 Gustav Levy Place (a/k/a 1190 Fifth
Avenue), New York, NewYork.l/

9/5/92

Chemical Bank to establish an offsite electronic facility
at Mount Sinai Medical Center, 1 Gustav Levy Place (a/k/a
1190 Fifth Avenue), New York,New York.l/

9/5/92

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
None.

SECTION IV
Applications Not Involving
______Public Comment_____
None.




S E C T IO N V
A v a ila b ilit y

o f CRA P u b l i c

E v a lu a t io n s

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 8. 1992
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Meridian Bank, Reading, PA requests permission to
establish a remote service facility at Acme Market,
5200 Mascher Street, Philadelphia, PA.

8/31/92

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

NONE.

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

NONE.

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

NONE.

1/

*

Subject to provisions of Community Reinvestment Act
N/A - not yet available.




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending August 7, 1992.
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/Locat ion




Examination Date
None.

CRA Rating

F e d eral R e s e r v e B a n k of C l e v e l a n d

Applications Bulletin
For Week Ending August 8, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

NONE

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

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) application
from PNC Financial Corp, Pittsburgh,
Pennsylvania, to acquire Flagship
Financial Corp., Jenkintown, Pennsylvania.

* September 8, 1992

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

NONE

*
N
F
#

-

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




F e d e ra l R e se rve

B a n k o f R ic h m o n d

Notice Onlv
Application

Comment Period Ending Date

Citizens Bank of Virginia, Arlington,
Virginia, to establish a branch at 1025
Herndon Parkway, Herndon, Virginia.*

9-3-92

Section II - Applications Subiect to Both
Newspaper and Federal Register Notice
Comment Period Ending Date

Application
Carolina First Corporation, Greenville,
South Carolina, to acquire 9.8% of the
shares of ComSouth Bankshares, Inc.,
Columbia, South Carolina.*

8-31-92

Section III - Applications Subiect to Federal Register Notice
Comment Period Ending Date

Application
First Maryland Bancorp, Baltimore,
Maryland, to engage in community
development activities.

Not yet available.

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

^Application is subject to CRA requirements.




Comment Period Ending Date

F e d e ra l R e se rve

B a n k o f R ich m o n d

Availability of CRA Public Evaluations
Week ending August 7, 1992

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

Ratine

Bank of Carroll
145 North Main Street
Hillsville, Virginia 24343

5-18-92

Satisfactory

Security Bank Corporation
8780 Centreville Road
Manassas, Virginia 22110

5-26-92

Satisfactory

One Valley Bank of Summersville, Inc.
Post Office Box 370
Summersville, West Virginia 26651

5-26-92

Outstanding




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 Bulletin for W e e k Ending August

7.

1992

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

No n e .
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period Ending Date

Application

None.
Section 3 - Applications Subject to Federal
Register Notice Only
Comment Period Ending Date

Application

No n e .
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Bank of Albertville
Albertville, Alabama
Request for increase in bank premises.
Central Bancshares of the South, Inc.
Birmingham, Alabama
3( a ) (5) waiver request related to the
acquisition of FWNB Bancshares, Inc.,
Plano, Texas, and its wholly-owned subsidiary,
First Western National Bank, Carrollton,
Texas, by Central Bancshares' direct and
indirect bank holding company subsidiaries,
Compass Bancshares, Inc., Houston, Texas, and
River Oaks Bancorporation, Birmingham, Alabama.

♦Subject to provisions of the Community Reinvestment Act.




F e d eral R e s e r v e B a n k of A t l a n t a
Applications Bulle t i n for W e e k Ending August

7.

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Central Bancshares of the South, Inc.
Birmingham, Alabama
3( a ) (5) waiver request related to the acquisition
of City National Bancshares, Inc., Carrollton,
Texas, and its wholly-owned subsidiary, City
National Bank of Carrollton, Carrollton, Texas,
by Central Bancshares' direct and indirect bank
holding company subsidiaries, Compass Bancshares,
Inc., Houston, Texas, and River Oaks Bancorporation,
Birmingham, A1abama.
Central Bank of the South
Birmingham, Alabama
Request for increase in bank premises.
Commercial Bank of Florida
Miami, Florida
Request for increase in bank premises.




1992

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
Applications Bulletin for Wee k Ending August

7.

1992

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

Rating

Date

Metro Bank of Dade County
Satisfactory
1390 South Dixie Highway
Coral Gables, Florida 33146
(305) 662-1390

05-04-92

Bank of Madisonville
Post Office Box 547
Madisonville, Tennessee
(615) 442-4511

05-04-92




Outstanding
37354

Federal Reserve Bank of Chicago
Section I

-

Applications Subject to N e w s p a p e r
Notice Only
Comment Period
Ending Date

Type

Application

Merger/
Branches

B a n k O n e , Champaign-Urbana
Champaign, Illinois
B a n k One, M onticello
Monticello, Illinois
100 W. Washington
Monticello, Illinois
219 W. Center
Monticello, Illinois
220 N . H i g h w a y Avenue
Deland, Illinois*

N

- 8-24-92

Merger/
Branch

Cole Taylor B a n k
Chicago, Illinois
Cole Taylor Bank/Yorktown
Lombard, Illinois
One Yorktown
Lombard, Illinois*

N

- 8-21-92

Merger/
Branches/24A

O l d Kent Ban k
Elmhurst, Illinois
First Federal o f Elgin, F.S.A.
Elgin, Illinois
U n i b a n c T r u s t /DuPage
Chicago, Illinois
28 North Grove Av e n u e
Elgin, Illinois
1645 Larkin A v e n u e
Elgin, Illinois
525 W averly Drive
Elgin, Illinois
251 South State Street
Hampshire, Illinois
501 West M a i n Street
West Dundee, Illinois*

N

- **

Oakar

O l d Kent Financial Corporation
Gra n d Rapids, Michigan
U n i v ersity Financial Corporation
Elgin, Illinois
First Federal of Elgin, F.S.A.
Elgin, Illinois

N P - **




Federal Reserve Bank of Chicago

Tp.
ye

Section II - Applications Subject to Both N e w s p a p e r and Federal
Register Notice
Comment P e r i o d
Application
Ending Date
D u n l a p Iowa Holding Co.
Dunlap, Iowa
Soldier Valley Financial Services,
Soldier, Iowa
Soldier Valley Savings Ban k
Soldier, Iowa*

Y-2

FR - 8-14-92
N
- 8-15-92
Inc.

Y-2

First Midwest Corporation of D e l a w a r e
E l m w o o d Park, Illinois
West Central Illinois Bancorp, Inc.
Monmouth, Illinois
The National Bank of Monmouth
Monmouth, Illinois*

FR - **
N
- **

Y-l

Albr e c h t Financial Services, Inc.
Wall Lake, Iowa
Norwalk-Cumming State B ank
Norwalk, Iowa*

FR
N

**
**

Y-l

B O I Financial Corp.
Normal, Illinois
The Bank of Illinois in Normal
Normal, Illinois*

FR
N

**

Elg i n Bancshares, Inc.
K a n s a s City, Missouri
John S. Sapiente

FR
N

★*
**

CoC-HC

S ection III - Applications Subject to Federal R e g i s t e r
Notice O n l y
C o mment P e r i o d
Ending Date

Type

Application

Y-4

B a n k of Montreal
Montreal, Canada
H a rris Futures Corporation
Chicago, Illinois

FR - **

Y-4

Ban k m o n t Financial Corp.
N e w York, N e w York
H a rris Futures Corporation
Chicago, Illinois

FR - **




Federal Reserve Bank of Chicago
Section III

-

Applications Subject to Federal R e g ister
Notice Only
(continued)
Comment Period
Ending Date

Type

A p p lication

Y-4

Harris Bankcorp, Inc.
Chicago, Illinois
H a r r i s Futures Corporation
Chicago, Illinois

FR - **

4 ( c ) (8)

D e n m a r k B a n c s h a r e s , Inc.
Denmark, Wisconsin
P urchase m o r t gages from subsidiary b a n k D e n m a r k State Bank, Denmark, Wisconsin

FR - 7-31-92

Y-4

O l d Kent Financial Corporation
FR - **
Grand Rapids, Michigan
First Federal Development Corporation
Elgin, Illinois
U n i v ersity Financial Mortgage Services, Inc.
Elgin, Illinois
University Financial Investment Services, Inc.
Elgin, Illinois

4(c) (8)

L i ncolnshire Bancshares, Inc.
Lincolnshire, Illinois
To p u r c h a s e participations from their
b a n k i n g subsidiary




FR - 8-3-92

Federal Reserve Bank of Chicago

Section I V

-

Applications Not Subject to Federal Register or N e w s p a p e r
Notice

Tvoe

Application

ROS

NFC, Inc.
Waukon, Iowa
To redeem 12,499 (12

RoS

Elgin Bancshares, Inc.
Kansas City, Missouri
To redeem 4,848 shares of common stock

N
- Newspaper
FR - Federal R e g i s t e r
* - Subject to Provisions of Community Reinvestment Act
**
Not a v a i l a b l e 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 07, 1992.
If you are interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

-Bartonville Bank
5600 South Adams Street
Bartonville, Illinois
61607
(309) 697-2100

5/04/92

S

-Old Kent Bank-Southwest
136 East Michigan
Box 2769
Kalamazoo, Michigan
49003
(616) 337-6700

4/20/92

S

-Calumet County Bank
103 North Main Street
Box 39
Brillion, Wisconsin
54110
(414) 756-2181

4/20/92




S

Federal Reserve Bank of St. Louis
FOR THE VEEK ENDING AUGUST 7, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

* Section 5(d)(3) application by Citizens
Bancshares of Eldon, Inc., Eldon, Missouri
for its subsidiary bank, Citizens Bank of Eldon,
Eldon, Missouri to acquire the Versailles,
Missouri branch of United Savings and Loan
Association, Lebanon, Missouri

Newspaper: 9-5-92

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
* Section 3(a)(1) application by H & H Holding
Company, Alton, Illinois to acquire Greene County
National Bank in Carrollton, Carrollton, Illinois
and Godfrey State Bank, Godfrey, Illinois

End of Comment Period

Newspaper: 9-15-92

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
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f m eeting com m unity credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs o f its entire delineated community, including tow- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f m eeting com m unity credit needs
A n institution in this group has a satisfactory record o f ascertaining and helping to meet the credit needs
o f its entire delineated community, including low- and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to im prove record o f m eeting com m unity credit needs
A n institution in this group needs to improve its overall record o f ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncom pliance in m eeting com m unity credit needs
A n institution in this group has a substantially deficient record o f ascertaining and helping to meet the
credit needs o f 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

The First State Bank
of Dongola




August 7, 1992

Bank Address

P. 0. Box 217
Dongola, Illinois

Examination
Date
5-11-92
62926

Examination
Rating
Satisfactory

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice OnlyComment Period
Ending Date

Application
First Interstate Bank of Commerce
Billings, MT (successor to First
Interstate Bank of Billings, N.A.)
To acquire the First Interstate Bank
of Missoula, N.A., Missoula, MT;
First Interstate Bank of Hardin,
Hardin, MT; First Interstate Bank
of Miles City, Miles City, MT; First
Interstate Bank of Billings Heights,
Billings, MT; First Interstate Bank
of West Billings, Billings, MT; First
Interstate Bank of Colstrip, Colstrip,
MT; and First Interstate Bank of South
Missoula, N.A., Missoula, MT (de novo)*

Not yet available

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

Comment Period
Ending Date

First Interstate BancSystem
of Montana, Inc.
Billings, MT
To acquire 100% of the de novo
First Interstate Bank of South
Missoula, N.A., Missoula, MT*

Not yet available

Guaranty Development Company
Livingston, MT
To acquire 100% of InterWest
Acquisition Bank, Livingston,
MT*

Not yet available

First Bank System, Inc.
Mpls, MN
To acquire 100% of Bank Shares,
Inc., Mpls, MN, and indirectly
acquire Marquette Bank Minneapolis,
N.A., Mpls, MN, and Marquette Bank
Rochester, Rochester, MN*

Not yet available

♦Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section III - Applications Subject
to Federal Register Notice Only
Application
Norwest Corporation
Mpls, MN
To engage de novo in providing
investment advisory and manage­
ment consulting services to in­
sured depository institutions.

Comment Period
Ending Date
8-17-92

Wabasha Holding Company
Wabasha, MN
To engage in general insurance
agency activities through the
acquisition of First State In­
surance of Wabasha, Inc.,
Wabasha, MN

Not yet available

First Sleepy Eye Bancorporation, Inc.
Sioux Falls, SD
To engage de novo in the activity of
making and servicing loans.

Not yet available

First Bank System, Inc., Mpls, MN
and Central Bancorporation, Inc.,
Denver, CO
To engage in operating a savings
association and general insurance
activities through the acquisition
of Western Capital Investment Cor­
poration, Denver, CO

Not yet available

First Bank System, Inc.,
Mpls, MN
To engage in data processing
activities through the acquisition
of Marquette Information Services,
Inc., Mpls, MN

Not yet available

First Bank System, Inc.,
Mpls, MN
To engage in general insurance agency
activities through the acquisition
of Marquette Insurance Services,
Mpls, MN

Not yet available




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

Application
Thompson Insurance, Inc.
Bismarck, ND
To engage de novo in making an
equity investment in a project
designed primarily to promote
community welfare.

Not yet available

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 July 31, 1992
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 moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK( ) EXAMINED
S
None.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Custer County Bank, Westclife,
Colorado, to merge with Green
Mountain Bank, Lakewood, Colorado.

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

Overland Park Bancshares, Inc.,
Overland Park, Kansas, for prior
approval to acquire 6.5 percent of
the voting shares of CNB Financial
Corporation, Kansas City, Kansas.*

Not Available

Resource One, Ulysses, Kansas, for
prior approval to become a bank
holding company through the
acquisition of 100 percent of the
voting shares of Grant County State
Bank, Ulysses, Kansas.*

Not Available

REVISED FROM THE JULY 31, 1992
BULLETIN
Mike Mitchell, Gardner, Kansas, for
prior approval to acquire 18.4
percent ownership interest in Gardner
National Bank, Gardner, Kansas, and
Mike Mitchell, et. al., for prior
approval to increase their
proportionate ownership interest in
Gardner National Bank, Gardner,
Kansas, from 21.4 percent to 72.45
percent.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
Great Western Securities, Inc.,
Omaha, Nebraska, to acquire 100
percent of the voting shares of Great
Western Resources, Inc., Omaha,
Nebraska.




COMMENT PERIOD ENDING DATE
Not Available

Federal Reserve Bank of Kansas City

Commerce Bancshares, Inc., Kansas
City, Missouri, to acquire 100
percent of the voting shares of
Capital for Business, Inc., Kansas
City, Missouri.

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



Federal Reserve Bank of Kansas City

Bank/Location
The First Bank
P.O. Box 397
Ness City, Kansas

Exam Date
4-27-92

8-4-92

CRA
Rating
Satisfactory

67560-0397

First Bank of Turley
P.O. Box 6538
Turley, Oklahoma 74156

*Application is subject to CRA.




CRA Public
Date

4-27-92

8-4-92

Needs to
Improve

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF AUGUST 3, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Roger D. Hellmus; Charles C. Forbes; and James J. Acker,
Freer, TX, to acquire an interest in Brush Country Holding
Co., Inc., Freer, TX
(Previously reported during the week of 6-8-92)
Change in Control Notice by
Larry Rierson and Catherine Rierson, Clovis, NM, to
acquire an interest in Western Bancshares of Clovis, Inc.,
Carlsbad, NM
(Previously reported during the week of 6-1-92)
Change in Control Notice by
Leonard C. Hudson, Pampa, TX, to acquire an
interest in NBC Bancshares, Inc., Pampa, TX
(Previously reported during the week of 6-15-92)

**
* NOTICE EXP

92/08/05

92/08/14

92/08/17

Change in Control Notice by
Herschel Gary Blankenship, and Cynthia Lynne Blankenship,
Southlake, TX, to acquire an interest in Greater Southwest
Bancshares, Inc., Irving, TX

N/A

Change in Control Notice by
Frances Gourley Lott Trust; Mary Theresa Lott Trust; Gayle
Gourley Trust; and W. J. Gourley III Trust, Fort Worth, TX,
to acquire an interest in Security Bank of Arlington,
Arlington, TX

N/A

*Section 3(a)(1) application by
U B & T Holding Co., Abilene, TX, to acquire
United Bank & Trust, Abilene, TX

92/09/01

*Section 3(a)(1) application by
WSB Bancshares, Inc., Wellington, TX, to acquire
Wellington Delaware Financial Corporation, Dover, DE,
and Wellington State Bank, Wellington, TX

92/08/29




♦Section 3(a)(1) application by
Wellington Delaware Financial Corporation, Dover, DE, to
acquire Wellington State Bank, Wellington, TX

92/08/29

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF AUGUST 7, 1992

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding
leader in, ascertaining and helping to meet the
entire
delineated community,
including
lowneighborhoods,
in a manner
consistent with
capabilities.

record of, and is a
credit needs of its
and
moderate-income
its
resources
and

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

Citizens Bank
315 Landa St.
P. 0. Box 310909
New Braunfels, TX >u±31-0909

.




34/27

CRA Rating

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 8/07/92
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 Sub.iect to Federal Register Notice Only

A p p I ication

Comment Period Ending Date

None

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
None

Section V - Availability of CRA Public Evaluations
None*

* Subject to CRA




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