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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 51
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 18, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Creditanstalt-Bankverein, Vienna, Austria -- to
engage de novo indirectly through a joint venture
limited partnership, Steinberg Asset Management
Company, L.P., New York, New York, in investment
advisory activities.
Approved, December 16, 1993.
Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan -- to
engage de novo in the purchase and sale for its own
account of certain options and options on futures
contracts through DKB Securities Corporation, New
York, New York.
Permitted, December 13, 1993.
Norwest Corporation, Minneapolis, Minnesota - - t o
acquire First United Bank Group, Inc., Albuquerque,
New Mexico, United New Mexico Financial
Corporation, Ford Bank Group, Inc., Lubbock, Texas,
and Ford Bank Holdings, Inc., and the subsidiary
banks of UNMFC and FBG.
Approved, December 13, 1993.
Societe Generale, Paris, France - - t o engage de novo
in certain securities related activities through
FIMAT Futures USA, Inc., Chicago, Illinois.
Permitted, December 16, 1993.
BANK MERGERS
First Interstate Bank of California, Los Angeles,
California - - t o merge with First State Bank of the
Oaks, Thousand Oaks, California, and establish
branches.
Approved, December 13, 1993.
BANKS. FOREIG,




Banco de Chile, Santiago, Chile -- to establish a
state-licensed branch in Miami, Florida.
Approved, December 16, 1993.
Dah Sing Bank, Ltd., Hong Kong -- to establish a
federally-licensed branch in Alhambra, California.
Approved, December 16, 1993.

H.2
DECEMBER 13, 1993
PAGE 2

TO

DECEMBER 17, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

CURRENCY
Federal Reserve notes -- increase in the 1993 new
currency budget for printing and related costs; and
approval of the 1994 new currency budget.
Approved, December 15, 1993.
REGULATIONS AND POLICIES
Regulation A -- adoption of final rule to implement
section 142 of the Federal Deposit Insurance
Corporation Improvement Act of 1991, concerning
advances to undercapitalized institutions (Docket
R-0808).
Approved, December 15, 1993.
RESERVE BANK OPERATIONS
Budgets for 1994.
Approved, December 15, 1993.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




Chicago

American Trust & Savings Bank, Dubuque, Iowa -- to
establish an offsite electronic facility at WalMart, 4200 Dodge Street.
Approved, December 15, 1993.

Cleveland

Fifth Third Bank, Cincinnati, Ohio - - t o establish a
branch at 6480 Wilmington Pike, Sugarcreek
Township, Ohio.
Approved, December 17, 1993.

Atlanta

First Bank, Tampa, Florida -- to establish a branch
at 405 North Westshore Boulevard.
Approved, December 15, 1993.

H. 2
DECEMBER 13, 1993
PAGE 3

TO

DECEMBER 17, 1993

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

BANK BRANCHES. DOMESTIC
St. Louis

Lindell Bank and Trust Company, St. Louis, Missouri - to establish a branch at 3921 Hampton Avenue.
Approved, December 13, 1993.

Philadelphia

Meridian Bank, Reading, Pennsylvania - - t o establish
a remote drive-up facility at 1685 Four Mile Drive,
Williamsport, Pennsylvania.
Approved, December 13, 1993.

Philadelphia

Meridian Bank, Reading, Pennsylvania -- to establish
two remote service facilities at The Pennsylvania
College of Technology, Alvin C. Bush Campus Center,
Park Street, Williamsport, and The Bald Eagle
Factory Outlet, One Outlet Lane, McElhatten,
Pennsylvania,
Approved, December 13, 1993.

Chicago

New Asia Bank, Chicago, Illinois -- to establish a
branch at 8301 Cass Avenue, Darien, Illinois.
Returned, December 14, 1993.

Richmond

Triangle Bank and Trust Company, Raleigh, North
Carolina -- to establish a branch at 2800
Industrial Drive, Sanford, North Carolina.
Approved, December 14, 1993.

BANK HOLDING COMPANIES




Dallas

BancTexas Group Inc., Dallas, Texas -- to acquire
Sundowner Corporation, Reno, Nevada, and BankTexas
National Association, Houston, Texas.
Approved, December 14, 1993.

New York

Bank of New York Company, Inc., New York, New York
to engage de novo in community development
activities through the New York Equity Fund 1993
Limited Partnership.
Approved, December 15, 1993.

St. Louis

Carlisle Bancshares, Inc., Little Rock, Arkansas -to acquire Hazen First State Bank, Hazen, Arkansas.
Approved, December 17, 1993.

H.2
DECEMBER 13, 1993
PAGE 9

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DECEMBER 17, 1993

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

BANK HOLDING COMPANIES




Atlanta

Century South Banks, Inc., Dahlonega, Georgia -- to
acquire The Martin Bank, Martin, Tennessee.
Approved, December 15, 1993.

New York

Chemical Banking Corporation, New York, New York -to engage in commercial finance and equipment
leasing activities through Equipment Credit
Services, Inc. San Francisco, California.
,
Approved, December 14, 1993.

St. Louis

Citizens Union Bancorp of Shelbyville, Inc.
,
Shelbyville, Kentucky -- to acquire First Farmers
Bank and Trust Company, Owenton, Kentucky.
Approved, December 15, 1993.

Atlanta

Claiborne Holding Company, Inc. Tazewell,
,
Tennessee
to acquire certain assets and assume
certain liabilities of the New Tazewell, Tennessee,
branch of Jefferson Savings and Loan Association of
Morristown, Morristown, Tennessee.
Approved, December 13, 1993.

San Francisco

Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan -- to
acquire the CIT Group Holdings, Inc., New York, New
York, Equipment Credit Services, Inc., San
Francisco, California, and the assets of the
latter*s parent, LB Credit Corporation.
Approved, December 14, 1993.

Philadelphia

Dauphin Deposit Corporation, Harrisburg, Pennsylvania
-- to establish a de novo loan production office
subsidiary, Farmers Maryland, Inc., Owings Mills,
Maryland.
Approved, December 15, 1993.

GC

Fairview Bancshares, Inc., Fairview, Oklahoma -determination that sale of certain real property
would constitute divestiture.
Granted, December 14, 1993.

Secretary

First Commercial Corporation, Little Rock, Arkansas - to acquire Clinton Bancshares, Inc., Clinton,
Arkansas, and Clinton State Bank.
Approved, December 13, 1993.

H.2
DECEMBER 13, 1993
PAGE 5

TO

DECEMBER 17, 1993

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

BANK HOLDING COMPANIES




Chicago

First Midwest Bancorp, Inc., Naperville, Illinois -to engage de novo in residential mortgage lending
activities through First Midwest Mortgage, Inc.,
Joliet, Illinois.
Permitted, December 17, 1993.

Chicago

Firstar Corporation, Milwaukee, Wisconsin -- to
engage de novo in data processing activities
through Firstar Home Mortgage Corporation.
Returned, December 15, 1993.

Chicago

Firstbank Corporation, Alma, Michigan -- request for
determination concerning divestiture of certain
property.
Returned, December 15, 1993.

San Francisco

Heritage Financial Corporation, M.H.C., Olympia,
Washington - - t o acquire Heritage Bank, A Mutual
Savings Bank.
Approved, December 14, 1993.

Philadelphia

Peoples Savings Financial Corporation, Ridgway,
Pennsylvania - - t o acquire Peoples Savings Bank.
Approved, December 15, 1993.

Minneapolis

Randall Holding Co, Inc., Randall, Minnesota - - t o
acquire Randall State Bank.
Returned, December 16, 1993.

San Francisco

Southern Utah Bancorporation, Cedar City, Utah - -to
acquire State Bank of Southern Utah.
Approved, December 16, 1993.

Dallas

Sundowner Corporation, Reno, Nevada -- to acquire
BankTexas National Association, Houston, Texas.
Approved, December 14, 1993.

H.2
DECEMBER 13, 1993
PAGE 6

TO

DECEMBER 17, 1993

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

BANK HOLDING COMPANIES
Secretary

SunTrust Banks, Inc., Atlanta, Georgia -- to engage
in investment and financial advisory activities,
arranging commercial real estate equity financing,
and full-service brokerage services through
SunTrust Securities, Inc.
Approved, December 15, 1993.

St. Louis

Union Planters Corporation, Memphis, Tennessee -- to
acquire Clin-Ark Bankshares, Inc., Clinton,
Arkansas, and First National Bank.
Approved, December 15, 1993.

BANK MERGERS
St. Louis

Arkansas Bank & Trust Company, Hot Springs,
Arkansas - - t o assume the deposit liabilities of
the Hot Springs Village, Arkansas, branch of Benton
State Bank, Benton, Arkansas.
Approved, December 14, 1993.

Kansas City

Central Bank of Oklahoma City, Oklahoma City,
Oklahoma - - t o merge with Friendly Bank of Oklahoma
City, and to establish branches.
Approved, December 17, 1993.

BANK PREMISES




St. Louis

Arkansas Bank and Trust Company, Hot Springs,
Arkansas -- investment in bank premises.
Approved, December 13, 1993.

Atlanta

Bank of Alabama, Fultondale, Alabama -- investment in
bank premises.
Approved, December 15, 1993.

Chicago

Bank of Elmwood, Racine, Wisconsin -- investment in
bank premises.
Approved, December 13, 1993.

Kansas City

Boatmen's Bank of Southwest Missouri, Carthage,
Missouri -- investment in bank premises.
Approved, December 13, 1993.

H. 2
DECEMBER 13, 1993
PAGE 7

TO

DECEMBER 17, 1993

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

BANK PREMISES
Philadelphia

Meridian Bank, Reading, Pennsylvania -- investment in
bank premises.
Approved, December 13, 1993.

Philadelphia

Meridian Bank, Reading, Pennsylvania -- investment in
bank premises.
Approved, December 13, 1993.

Chicago

New Asia Bank, Chicago, Illinois -- investment in
bank premises.
Returned, December 14, 1993.

Secretary

Trust Company Bank, Atlanta, Georgia -- investment in
bank premises.
Approved, December 16, 1993.

St. Louis

United Missouri Bank Northeast, Monroe City, Missouri
-- investment in bank premises.
Approved, December 15, 1993.

Chicago

1st Source Bank, South Bend, Indiana -- investment in
bank premises.
Approved, December 14, 1993.

BANKS. STATE MEMBER




Kansas City

Citizens Bank & Trust Co., Torrington, Wyoming
payment of a dividend.
Approved, December 13, 1993.

Kansas City

Farmers State Bank & Trust, Aurora, Nebraska
payment of a dividend.
Approved, December 13, 1993.

Minneapolis

Marquette Bank Cannon Falls, Cannon Falls,
Minnesota -- payment of a dividend.
Approved, December 13, 1993.

Minneapolis

Marquette Bank New Prague, New Prague, Minnesota -payment of a dividend.
Approved, December 13, 1993.

H.2
DECEMBER 13, 1993
PAGE 8

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DECEMBER 17, 1993

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

CAPITAL STOCK
Kansas City

Schuyler State Bank and Trust Company, Schuyler,
Nebraska -- redemption of shares.
Approved, December 13, 1993.

CHANGE IN BANK CONTROL
Kansas City

Attica Financial Corporation, Attica, Kansas -change in bank control.
Permitted, December 15, 1993.

St. Louis

Community First Financial Group, Inc., English,
Indiana -- change in bank control.
Permitted, December 14, 1993.

Kansas City

Cook Investment, Inc., Cook, Nebraska -- change in
bank control notice.
Withdrawn, December 16, 1993.

Kansas City

N.B.C. Bancshares in Pawhuska, Inc., Pawhuska,
Oklahoma -- change in bank control.
Permitted, December 13, 1993.

Dallas

Texas Community Bancshares, Inc., Dallas, Texas -change in bank control.
Permitted, December 17, 1993.

COMPETITIVE FACTORS REPORTS




Chicago

Albert City Savings Bank, Albert, Iowa, proposed
acquisition of the assets and assumption of the
liabilities of Citizens State Bank, Webb, Iowa
report on competitive factors.
Submitted, December 17, 1993.

Atlanta

Ashburn Bank, Ashburn, Georgia, proposed purchase of
certain assets and assumption of certain
liabilities of the Ashburn branch of First South
Bank, N.A., Fort Valley, Georgia -- report on
competitive factors.
Submitted, December 13, 1993.

Chicago

Associated Bank North, Wittenberg, Wisconsin,
proposed merger with Associated Bank Wausau,
Wausau, Wisconsin -- report on competitive factors.
Submitted, December 17, 1993.

H.2
DECEMBER 13, 1993
PAGE 9

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DECEMBER 17, 1993

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

COMPETITIVE FACTORS REPORTS




Chicago

Bank of New Glarus, New Glarus, Wisconsin, proposed
merger with Interim Bank of New Glarus -- report on
competitive factors.
Submitted, December 17, 1993.

Dallas

Bank of The West, N.A., Odessa, Texas, proposed
merger with New Bank of The West -- report on
competitive factors.
Submitted, December 15, 1993.

Secretary

Community First Bank, Clearfield, Utah, proposed
merger with First Security Bank of Utah, N.A.,
Ogden, Utah -- report on competitive factors.
Submitted, December 15, 1993.

St. Louis

Exchange Bank & Trust Company, El Dorado, Arkansas,
proposed merger with Citizens Bank, Strong,
Arkansas, and to establish a branch " report on
competitive factors.
Submitted, December 14, 1993.

Chicago

Farmers National Bank of Prophetstown, Prophetstown,
Illinois, proposed merger with FNB Interim National
Bank -- report on competitive factors.
Submitted, December 17, 1993.

Chicago

First Federal Savings Bank of Siouxland, Sioux City,
Iowa, proposed acquisition of the Sheldon branch of
Northwest Federal Savings Bank, Spencer, Iowa
report on competitive factors.
Submitted, December 17, 1993.

Chicago

First Federal Savings Bank of the Midwest, Storm
Lake, Iowa , proposed merger with Brookings Federal
Bank, FSB, Brookings, South Dakota -- report on
competitive factors.
Submitted, December 17, 1993.

Minneapolis

First Financial Bank, f.s.b., Stevens Point,
Wisconsin, proposed merger with the Northland Bank
of Wisconsin, Ashland, Wisconsin -- report on
competitive factors.
Submitted, December 17, 1993.

H.2
DECEMBER 13, 1993
PAGE 10

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DECEMBER 17, 1993

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

COMPETITIVE FACTORS REPORTS




St. Louis

First National Bank, Vandalia, Illinois, proposed
merger with First State Bank of Patoka, Patoka,
Illinois, and Ramsey State Bank, Ramsey, Illinois - report on competitive factors.
Submitted, December 16, 1993.

St. Louis

First National Bank in Newton, Newton, Illinois,
proposed merger with First Interim National Bank in
Newton -- report on competitive factors.
Submitted, December 16, 1993.

Atlanta

First National Bank of Polk County, Copperhill,
Tennessee, proposed purchase of certain assets and
assumption of certain liabilities of the two Blue
Ridge, Georgia, branches of Nationsbank of Georgia,
N.A., Atlanta, Georgia -- report on competitive
factors.
Submitted, December 13, 1993.

Atlanta

First State Bank, Jacksboro, Tennessee, proposed
purchase of certain assets and assumption of
certain liabilities of the Jellico, Tennessee, and
LaFollette, Tennessee, branches of Third National
Bank of East Tennessee, Knoxville, Tennessee
report on competitive factors.
Submitted, December 13, 1993.

Richmond

First-Citizens Bank & Trust Company, Raleigh, North
Carolina, proposed merger with The Bank of
Blandenboro, Blandenboro, North Carolina -- report
on competitive factors.
Submitted, December 16, 1993.

Chicago

Northwest Federal Savings Bank, Spencer, Iowa,
proposed acquisition of the Storm Lake branch of
First Federal Savings Bank of Siouxland, Sioux
City, Iowa -- report on competitive factors.
Submitted, December 17, 1993.

H.2
DECEMBER 13, 1993
PAGE 11

TO

DECEMBER 17, 1993

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

COMPETITIVE FACTORS REPORTS
St . Louis

Trans Financial Bank, National Association, Bowling
Green, Kentucky, proposed merger with State
National Bank, Maysville; Peoples First Bank,
Morehead; and the Farmers Liberty Bank, Augusta,
Kentucky -- report on competitive factors.
Submitted, December 14, 1993.

EXTENSIONS OF TIME




Chicago

ABN AMRO Bank N.V., Amsterdam, The Netherlands, ABN
AMRO Holding N.V.; ABN AMRO North America, Inc.,
Chicago, Illinois; Stichting Administratiekantoor
ABN AMRO Holding, Amsterdam, The Netherlands,
Stichting Prioriteit ABN AMRO Holding; and LaSalle
National Corporation, Chicago, Illinois -extension to March 15, 1994, to acquire certain
assets and certain liabilities of LaSalle Talman
Bank, F.S.B., Chicago, Illinois.
Granted, December 15, 1993.

Chicago

ABN AMRO Bank N.V., Amsterdam, The Netherlands, ABN
AMRO Holding N.V.; ABN AMRO North America, Inc.,
Chicago, Illinois; Stichting Administratiekantoor
ABN AMRO Holding, Amsterdam, The Netherlands,
Stichting Prioriteit ABN AMRO Holding, and The
Netherlands and LaSalle National Corporation,
Chicago, Illinois -- extension to March 17, 1994,
to acquire certain assets and assume certain
liabilities of the Buffalo Grove, Libertyville,
Mundelein, Skokie, Northbrook and Palatine branches
of LaSalle Talman Bank, F.S.B., Chicago, Illinois.
Granted, December 17, 1993.

Minneapolis

Bank of Montana, Great Falls, Montana -- extension to
March 18, 1994, to merge with Montana Bank,
Billings, Montana.
Granted, December 13, 1993.

Atlanta

Barnett Banks, Inc., Jacksonville, Florida -extension to March 23, 1994, to act as agent in
private placement of securities through Barnett
Securities, Inc.
Granted, December 13, 1993.

H.2
DECEMBER 13, 1993
PAGE 12

TO

DECEMBER 17, 1993

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

EXTENSIONS OF TIME
St. Louis

CNB Bancshares, Inc., Evansville, Indiana -extension to February 10, 1999, to consummate a
notification to engage de novo in insurance
activities through Citizens Life Assurance Company
Phoenix, Arizona.
Granted, December 15, 1993.

San Francisco

First Interstate Bancorp, Los Angeles, California
extension to divest certain property.
Granted, December 15, 1993.

San Francisco

First Interstate Bancorp, Los Angeles, California -extension to divest certain property.
Granted, December 15, 1993.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota; Norwest
Financial Services, Inc., Des Moines, Iowa; and
Norwest Financial, Inc. -- extension to February 1
1999, to acquire Premium Service Corporation of
Columbia, Columbia, South Carolina.
Granted, December 13, 1993.

San Francisco

Wells Fargo & Company, San Francisco, California
extension to divest certain property.
Granted, December 15, 1993.

INTERNATIONAL OPERATIONS
Boston

State Street Bank International, New York, New York
- to establish an edge corporation branch in Los
Angeles, California.
Approved, December 16, 1993.

Secretary

Enterprise Bank of Bellevue, N.A., Bellevue,
Washington -- to become a member of the Federal
Reserve System.
Approved, December 19, 1993.

MEMBERSHIP




H.2
DECEMBER 13, 1993
PAGE 13

TO

DECEMBER 17, 1993

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

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of New York -- increase in
capital outlay for the foreign exchange trading and
accounting system project.
Approved, December 17, 1993.

Director, FRBO

Federal Reserve Bank of Richmond - - t o purchase
equipment for check operations at Richmond.
Approved, December 13, 1993.

H.2
DECEMBER 13, 1993
PAGE 14

ADDITIONS AND CORRECTIONS
TO

DECEMBER 17, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Capital adequacy -- final rule amending risk-based
capital guidelines to lower the risk weight from
100 percent to 50 percent for certain multi-family
housing loans (Docket R-0756).
Approved, September 28, 1993.
Capital adequacy -- amendment to the risk-based and
leverage capital guidelines for State member banks
and bank holding companies to include the new
component of stockholders* equity created by the
Financial Accounting Standards Board Statement
No. 115; net unrealized holding gains and losses on
securities available for sale (Docket R-0823).
Proposed, November 19, 1993.

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

BANK BRANCHES. DOMESTIC




Cleveland

Integra Bank ✓ South, Uniontown, Pennsylvania - - t o
establish a branch at Eastgate Shopping Center,
1102 East Pittsburgh Street, Greensburgh,
Pennsylvania.
Approved, December 9, 1993.

Cleveland

Provident Bank, Cincinnati, Ohio -- to establish a
branch at 5150 Crossing, 3872 Paxton Avenue, and
7810 Five Mile Road.
Approved, December 3, 1993.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Comment Period Ending Date
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

Application

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

UNITEDCORP, Bangor, Maine
- 4 ( c ) (8) application
to engage in trust activities on
a joint venture basis through
the acquisition of 51% of the
voting stock of Trust Company of
Maine, Inc., Bangor, Maine

Federal Register
12-29-93

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




NONE

SECTION V

Institution

- AVAILABILITY OF CRA PUBLIC EVALUATIONS

Examination Date

Ratincr*

NONE
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory; "
Needs to Improve; "SN" - Substantial Noncompliance.




Fed eral Reserve Bank o f New York

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
United Jersey Bank, Hackensack, New Jersey, to establish
four off-site electronic facilities at The Prudential
Insurance Company of America: 213 Washington Street and
751 Broad Street, both in Newark; 23 Main Street, Holmdel;
and 200 Wood Avenue South, Iselin, all in New Jersey.1/

1/9/94

United Jersey Bank, Hackensack, New Jersey to establish
an off-site electronic facility at UJB Financial Southern
Operations Center, Mount Laurel, New Jersey.1/

1/8/94

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.




SECTION V
A v a i l a b i l i t y o f CRA P u b lic E v a lu a tio 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 December 18, 1993
NAME OF BANK

CN|
ro|

4/

EXAMINATION DATE

West Jersey Community
Bank
165 Passaic Avenue
Fairfield, NJ 07004
1/
/
/

RATING
Substantial
Noncompliance

March 22, 1993

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




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

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

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

None.

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

None.

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




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending Decanher 17, 1993

Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and mode rate-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

Ambassador Bank of
the Commonwealth
4127 Tilghman Street
Allentown, PA 18104- 4490

8/16/93

Satisfactory




Fed e ral

R e se rv e

Bank

of

C le v e la n d

Applications Bulletin
F o r W e e k E n d i n g D e c e m b e r 18,

1993

S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO N E W S P A P E R
NOTICE ONLY

Received prior notice from Integra
* January 5, 1993
Bank/Pittsburgh, Pittsburgh, Pennsylvania,
on December 16, 1993, of its intent to
establish a branch at 300 Sixth Avenue Building,
Pittsburgh, Pennsylvania.
Received Section 18(c) application from
Premier Bank & Trust, Elyria, Ohio, on
December 6, 1993, to merge with the
Worthington, Ohio, branch office of Jefferson
Savings Bank, Dublin, Ohio, and thereby
establish a a branch facility.

* Not Yet Known #

Received OAKAR application from CoBancorp,
* Not Yet Known #
Inc., Elyria, Ohio, on December 6, 1993, to
acquire the Worthington, Ohio, branch office of
Jefferson Savings Bank, Dublin, Ohio, and merge
it into its subsidiary, Premier Bank & Trust,
Elyria, Ohio.
S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE

Received Section 3 ( a ) (3) application from
* Not Yet Known #
First Bancorporation of Ohio, Akron, Ohio, on
December 13, 1993, to acquire Peoples Savings Bank,
FSB, Ashtabula, Ohio (Peoples Savings Bank,
FSB, will in turn convert into a national bank,
going forward with the name of Peoples Bank,
National Association).
S E C T I O N III - A P P L I C A T I O N S S U B J E C T TO F E D E R A L R E G I S T E R
NOTICE ONLY

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.




Applications Bulletin
For Week Ending December 18, 1993
S E C T I O N IV - A P P L I C A T I O N S N O T S U B J E C T T O F E D E R A L R E G I S T E R N O T I C E
OR NEWSPAPER NOTICE




NONE

AVAILABILITY OF CRA PUBLIC EVALUATIONS
(December 17, 1993)
The following state member banks have been examined by the Federal
Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act. A public evaluation document became available
from the bank(s) listed below during the week ended December 17,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY:
a bank in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Enterprise Bank
6150 Enterprise Boulevard
Solon, Ohio 44139
Rating:
Satisfactory
Exam Data:
September 7, 1993




Federal Reserve Bank of Richmond
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

First Citizens BancShares, Inc., Raleigh,
North Carolina, to acquire First Savings
Bank of Rockingham County, S.S.B., Reidsville,
North Carolina.'*

1-9-94

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Wachovia Corporation, Winston-Salem, North
Carolina, to acquire additional shares of
Southeast Switch, Inc., Maitland, Florida.

Not yet available.

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

^Application is subject to CRA requirements.




Comment Period Ending Date

Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending December 17, 1993

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

Examination
Date____

Bruceton Bank
Post Office Box 205
Bruceton Mills, West Virginia




26525

9-27-93

Rating

Outstanding

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 17. 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

D/W Bankshares, Inc.
Dalton, Georgia
1-BHC formation, Dalton/Whitfield Bank
& Trust, Dalton, Georgia.

Not yet available*

Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

FF Bancorp, Inc.
New Smyrna Beach, Florida
To retain its thrift subsidiaries, First
Federal Savings Bank of New Smyrna, New
Smyrna Beach, Florida, and First Federal
Savings Bank of Citrus County, Inverness,
Florida, pursuant to Section 4 ( c ) (8) of the
Bank Holding Company A c t .

Not yet available

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.

♦Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 17. 1993
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week.
Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
record
of
meeting
c o m m u n i t y c r edit 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.
Outstanding

r e c o r d of m e e t i n g
community
c r e d i t needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- andmoderate-income neighborhoods,
in a manner
consistent with its resources and capabilities.

Satisfactory

to im p r o v e r e c o r d of m e e t i n g c o m m u n i t y cred i t 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.

Ne e d s

in m e e t i n g c o m m u n i t y c r e d i t 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.
Substantial noncompliance

Examination
Bank
Merchants & Farmers Bank
of Greene County
Post Office Box 568
Eutaw, Alabama 35462
(205)372-3311




Rating

Date

Satisfactory

09-13-93

Federal Reserve Bank of Chicago
Section I

- Applications Subject
Notice Only

Type

R e p u b l i c B a n c o r p Co.
O r l a n d Park, I l l i n o i s
F i r s t C o o k C o m m u n i t y Bank,
Chicago, I l l i n o i s *

Comment Period
Ending Date

Application

Oakar

to N e w s o a o e r

N

- 11-20-93

FSB

B r a n c h / 24A

N e w Asia Bank
Chicago, I l l i n o i s
8301 C a s s A v e n u e
Darien, Illinois*

N

. **

EFT

Security State Bank
Hartley, Iowa
10 3 r d S t r e e t N.W.
Hartley, Iowa*

N

- **

B r a n c h / 24 A

The N orthern Trust C o mpany
Chica g o , I l l i n o i s
57 9 C e n t r a l S t r e e t
H i g h l a n d Park, I l l i n o i s *

N

- **

Branch

Community State Bank
Avilla, Indiana
4134 W CR 100 S
W o l f Lake, I n d i a n a *

N

- **




Federal Reserve Bank of Chicago
Section II

Twe

- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r a n d F e d e r a l
Register Notice
Comment Period
Application
Ending Date

Y-l

E a s t S i d e F i n a n c i a l , Inc.
Chica g o , I l l i n o i s
East Side Savings Bank
Chicago, I l l i n o i s *

FR
N

- 11-19-93
- 12-17-93

CoC-HC

W a b e n o B a n c o r p o r a t i o n , Inc.
Venice, F l o r i d a
Verle Burgason & JoAnn Burgason

FR
N

- 12-29-93
- **

CoC-HC

Wabeno Bancorporation,
Veni c e , FI or i d a
Connie Ryan Trust

FR
N

- 12-29-93
- **

Y-l

R e p u b l i c B a n c o r p Co.
O r l a n d Park, I l l i n o i s
M A H B a n c o r p , Inc.
O r l a n d Park, I l l i n o i s
Republic Bank of Chicago
Chicago, I l l i n o i s
A P L F i n a n c i a l , Inc.
Chica g o , I l l i n o i s
F i r s t C o o k C o m m u n i t y Bank,
Chica g o , I l l i n o i s *

FR
N

1-6-94
- 11-20-93

Inc.

FSB

Y-2

Comerica California Incorporated
S a n Jose, C a l i f o r n i a
P a c i f i c W e s t e r n B a n c s h a r e s , Inc.
S a n Jose, C a l i f o r n i a
Pacific Western Bank
S a n Jose, C a l i f o r n i a *

FR
N

- 11-29-93
1-4-94

Y- 2

Comerica Incorporated
Detroit, Michigan
Pacific Western Bancshares,
S a n Jose, C a l i f o r n i a
Pacific Western Bank
S a n Jose, C a l i f o r n i a *

FR
N

- 11-29-93
1-4-94

FR
N

12-29-93
1-4-94

Y-2




Comerica Incorporated
Detroit, Michigan
Pacific Western Bancshares,
S a n Jose, C a l i f o r n i a
Pacific Western Bank
S a n Jose, C a l i f o r n i a *

I n c . --(100%)

I n c . - - (19.9%)

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

Type

Application

Y-l

Hasten Bancshares
Indianapolis, Indiana
Hasten Bancorp
Indianapolis, Indiana
First National Bank
Koko m o , Indiana
Sullivan-Peoples State Bank
Farmersburg, Indiana
F i r s t B a n k & T r u s t Co. o f C l a y C o u n t y
Brazil, Indiana
H a s t e n F i n a n c i a l S e r v i c e s , Inc.
Indianapolis, Indiana*

FR
N

- 12-2-93
- 12-20-93

Y-l

B a n c o r p , o f N e w G l a r u s , Inc.
N e w Glarus, W i s c o n s i n
The B a n k o f N e w Glarus
N e w Glarus, W i s c o n s i n *

FR
N

- 12-13-93
- 11-8-93

Y-2

L incolnland Bancshares,
C asey, I l l i n o i s
Westfield State Bank
Westfield, Illinois*

Inc.

FR
N

- 12-16-93
- 12-4-93

Y-l

R u d o l p h B a n c s h a r e s , Inc.
Rudolph, Wisconsin
Farmers and Merchants Bank
Rudolph, Wisconsin*

FR
N

- 12-23-93
1-1-94

Y-2

F & M B a n c o r p o r a t i o n , Inc.
Kaukauna, Wisconsin
P u l a s k i B a n c s h a r e s , Inc.
Pulaski, W i s consin
Pulaski State Bank
Pulaski, Wisconsin*

FR
N

- 12-23-93
- 12-20-93

Y- 2

F & M Merger Corporation
Kaukauna, Wisconsin
P u l a s k i B a n c s h a r e s , Inc.
Pulaski, W i s consin
Pulaski State Bank
Pulaski, Wisconsin*

FR
N

- 12-23-93
- 12-20-93




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

Type

Application

Y-2

ANB C o l o r a t i o n
Muncie, Indiana
Winchester Bancorporation
Winchester, Indiana
Peoples Loan and Trust Bank
Winchester, Indiana*

FR
N

- 11-12-93
- 12-16-93

Y-2

First Community Bancshares,
Bargersvilie, Indiana
First State Bank
Morgantown, Indiana*

FR
N

- 12-27-93
- **

CoC-HC

G N B a n c o r p , Inc.
Chicago, I l l i n o i s
Ronald Howard Muck

FR
N

- 12-27-93
- 12-20-93

FR
N

- **
- **

CoC-HC

Inc.

P e o t o n e B a n c o r p , Inc.
Peotone, I l l i n o i s
C r a i g L. C a m p b e l l ; D o u g l a s L.
a n d S c o t t L. C a m p b e l l

Campbell

Y-2

C e n t r a l B a n c s h a r e s , Inc.
Muscatine, Iowa
FSB Holding Company
Kalona, Iowa
Farmers State Bank
Kalona, Iowa
West Chester Savings Bank
We s t Chester, Iowa*

FR
N

- 12-30-93
- **

Y-2

G r e a t e r C o l u m b i a B a n c s h a r e s , Inc.
Portage, Wisc o n s i n
1 s t C o l u m b i a Corp.
Portage, Wisconsin
First National Bank of Columbus
Columbus, Wisconsin*

FR
N

- 10-22-93
1-6-94




Federal Reserve Bank of Chicago
Section II

- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e i

and Federal

Register Notice
(C o n t i n u e d )
Type

Application

Y-2

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Bancorporation
Milwaukee, Wisconsin
Valley Bank
La Crosse, W i s c o n s i n
Valley Bank
Madison, Wisconsin
Valley Bank Chippewa
Menomonie, Wisconsin
Valley Bank East Central
Kewaskum, Wisconsin
Valley Bank Janesville
Janesville, Wisconsin
Valley Bank Milwaukee
Thiensville, Wisconsin
V a l l e y Bank, N a t i o n a l A s s o c i a t i o n
Watertown, Wisconsin
Valley Bank Northeast
Green B a y Wisconsin
Valley Bank of Oshkosh
Oshko s h , W i s c o n s i n
Valley Bank of Shawano
Shawano, W i s c o n s i n
Valley Bank Southwest
S p r i n g Green, W i s c o n s i n
V a l l e y B a n k Western, F S B
S p a rta, W i s c o n s i n
Valley First National Bank
Rhinelander, Wisconsin
Valley First National Bank of Ripon
Ripon, W i s c o n s i n
V a l l e y U n i t e d Bank, S S B
Sheboygan, W i s consin
Valley Western Bank
Appleton, Wisconsin
Pierce County Bank a nd Trust Company
Ellsworth, Wisconsin*

Y-2




First Waukegan Corporation
Gurnee, I l l i n o i s
S e c u r i t y C h i c a g o Corp.
Chicago, I l l i n o i s
First Security Bank of Chicago
Chicago, I l l i n o i s *

Comment Period
Ending Date
FR
N

- **
- **

FR

- **

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

Type

Application

Y-2

First Waukegan Corporation
G u r nee, I l l i n o i s
First State B a n c o r p of Princeton,
I l l i n o i s , Inc.
Princeton, Illinois
First State Bank of Princeton
Princeton, Illinois
First State Bank of Ashton-Rochelle
Ashton, I l linois
First State Bank of Gridley
Gridley, I l l i n o i s *

FR
N

- **
_ **

CoC-HC

Th e N e w b u r g C o r p o r a t i o n
St. A n s g a r , I o w a
H a l B. M c K i n l e y & A u d r e y M.

FR
N

- 12-27-93
_ ★★

McKinley

Y- 2

Omnibank Corporation
R i v e r R ouge, M i c h i g a n
I n d e c o r p , Inc.
Chica g o , I l l i n o i s
Independence Bank of Chicago
Chica g o , I l l i n o i s
Drexel Holding Company
Chicago, I l l i n o i s
Drexel National Bank
Chica g o , I l l i n o i s *

FR
N

_ ★★
» *★

Y- 2

O r a n g e v i l l e B a n c o r p , Inc.
Orangeville, Illinois
State Bank of Winslow
Winslow, I l l i n o i s *

FR
N

_ **
_ **




Federal Reserve Bank of Chicago
Section III

- Applications Subject
Notice Only

to F e d e r a l

Register

Comment Period
Ending Date

Type

Application

Y- 4

Nor t h e r n Trust Corporation
FR
Chicago, Illinois
Northern Futures Corporation
C h i c a g o , I l l i n o i s -- e x e c u t i n g
and clearing of certain nonfinancial
c o m m o d i t y futures a n d opt i o n s of the I n d e x
a n d O p t i o n D i v i s i o n o f the C h i c a g o
M e r c a n t i l e E x c h a n g e a n d th e C h i c a g o
B O T a n d N e w York M e r c a n t i l e E x c h a n g e

- 12-21-93

4 (c) (8)

F i r s t M i d w e s t B a n c o r p , Inc.
Naperville, Illinois
F i r s t M i d w e s t M o r t g a g e , Inc.
Joliet, I l l i n o i s

FR

- 12-13-93

Y-4

Hawkeye Bancorporation
D e s Moines, Iowa
C e n t r e P o i n t e L e a s i n g Co.,
Nest De s Moines, Iowa

FR

- 12-17-93

Inc.

4 (c) (8)

W e l d o n B a n c s h a r e s , Inc.
W e l don, I l l i n o i s
Weldon Insurance Service
W e l don, I o w a

FR

- 12-13-93

Y-4

Old Kent Financial Corporation
G r a n d Rapids, M i c h i g a n
CDC--Grand Rapids Hope Limited
Partnership II
G r a n d Rapids, M i c h i g a n - -invest in l o w
income transitional housing pr o j e c t for
women and children

FR

- 12-27-93

Y- 4

I o w a N a t i o n a l B a n k s h a r e s Corp.
Waterloo, Iowa
MidAmerica Financial Corporation
Waterloo, Iowa
M i d A m e r i c a S a v i n g s Bank, F S B
Waterloo, Iowa

FR
N

- 12-30-93
- 12-26-93




Federal Reserve Bank of Chicago
Section III

- Applications Subject
Notice Only
(Continued)

to F e d e r a l

Register

Comment Period
Endincr D a t e

Type

Application

4 (c) (8)

FBOP Corporation
FR
O a k Park, I l l i n o i s
E n g a g e d e n o v o i n the a c q u i s i t i o n o f l o a n s
from its insured subsidiaries

Y-4

R e p u b l i c B a n c o r p Co. (a D e l a w a r e
Corporation)
O r l a n d Park, I l l i n o i s
A P L Financial,- Inc.
Chicago, I l l i n o i s
F i r s t C o o k C o m m u n i t y Bank, F S B
Chicago, I l l i n o i s

FR

-

1-6-94

Y-4

R e p u b l i c B a n c o r p Co. (an I l l i n o i s
Corporation)
O r l a n d Park, I l l i n o i s
A P L F i n a n c i a l , Inc.
Chicago, I l l i n o i s
F i r s t C o o k C o m m u n i t y Bank, F S B
Chicago, I l l i n o i s

FR

-

1-6-94

4 (c) (8)

F i r s t b a n k o f I l l i n o i s Co.
Springfield, Illinois
Rowe, H e n r y & Deal, Inc.
Jacksonville, I l l i n o is--engage in
securities brokerage services

FR

-

1-10-94

Y- 4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Trust Company
Appleton, Wisconsin

FR

- **

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Community Life Insurance Company
Phoenix, A r i z o n a

FR

- **

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Bankservice Corporation
Sheboygan, Wisconsin

FR

- **

Y-4

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Valley Real Estate Services Corporation
Sheboygan, Wisconsin

FR

_




- 12-20-93

**

Federal Reserve Bank of Chicago
Section III

- A p p l i c a t i o n s S u b j e c t to F e d e r a l R e g i s t e r
Notice Only
(Continued)
Comment Period
Ending Date

Type

Application

4 (c) (8)

Firstar Corporation
Milwaukee, Wisconsin
Firstar Home Mortgage Corporation
M i l w a u k e e , W i s c o n s i n - - e n g a g e de n o v o in
data p r o c e s s i n g & data transmissions
s e r v i c e s f a c i l i t i e s & d a t a b a s e s to
real tors

FR

- **

4 (c) (8)

First Chicago Corporation
Chicago, I l l i n o i s
First Chicago Leasing Corporation
C h i c a g o , 1 1 1 i n o i s - -C D C - - A r r a n g i n g
a n d i n v e s t i n g i n e n t i t i e s f o r the
financing of low-income housing

FR

- **

Y-4

Mahaska Investment Company
Oskaloosa, Iowa
On-Site Commercial Services & engage
in p r o v i d i n g bookkeeping, p a y r o l l
processing, accounts receivable &
financial services

FR

- **

Y-4

C i t i z e n s B a n k s h a r e s , Inc.
Shawano, W i s consin
N o r t h L a n d F i n a n c e , Inc.
Ashland, Wisconsin

FR

- **




Federal Reserve Bank of Chicago
Section I V

- A p p l i c a t i o n s N o t S u b j e c t to F e d e r a l R e g i s t e r o r N e w s p a p e r
Notice

Type

Application

RoS

Greatbanc, I n c .
Aurora, I llinois
R e p u r c h a s e the m a j o r i t y o f C l a s s D

RoS

The N e w b u r g Corporation
S t . Ansgar, Iowa
R e d e e m 1 9 , 5 9 4 s h a r e s (24.25%)

RoS

of its

common stock

W a b e n o B a n c o r p o r a t i o n , Inc.
V e n i ce, FI or i d a
R e d e e m 1,316 shares of stock

RoS

common stock

F a i r b a n k B a n c s h a r e s , Inc.
Fairbank, Iowa
Redeem 1,875 shares of stock

N
- Newspaper
FR - Federal Register
* - S u b j e c t to P r o v i s i o n s o f C o m m u n i t y R e i n v e s t m e n t A c t
- N o t a v a i l a b l e a t this time




A V A I L A B I L I T Y OF CRA P U BLIC EVALUATIONS
T h e f o l l o w i n g s t a t e m e m b e r b a n k s h a v e b e e n e x a m i n e d b y the F e d e r a l R e s e r v e
B a n k o f C h i c a g o f o r c o m p l i a n c e w i t h t he CRA. T h e 3 0 - b u s i n e s s d a y p e r i o d the
b a n k h a s to m a k e the e v a l u a t i o n p u b l i c h a s l a p s e d d u r i n g the w e e k e n d i n g
D e c e m b e r 17,
1993.
I f y o u a r e i n t e r e s t e d i n o b t a i n i n g a c o p y o f the
e v a l u a t i o n d o c u m e n t , p l e a s e c o n t a c t the b a n k ( s ) d i r e c t l y .
IDENTIFICATION OF RATINGS
O-

A n i n s t i t u t i o n i n t h i s g r o u p h a s a n o u t s t a n d i n g r e c o r d of, a n d i s a
l e a d e r in, a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f i t s
entire
delineated
community,
including
lowand
moderate-income
neighborhoods,
in
a
manner
consistent
with
its
resources
and
capabilities.

S-

A n i n s t i t u t i o n in this g r o u p h a s a s a t i s f a c t o r y r e c o r d o f ascert a i n i n g
a n d h e l p i n g to m e e t the c r e d i t n e e d s o f i t s ' e n t i r e d e l i n e a t e d c o m m u n i t y ,
i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s , in a m a n n e r consistent
with its resources and capabilities.

NI-

A n i n s t i t u t i o n i n th i s g r o u p n e e d s to i m p r o v e i t s o v e r a l l r e c o r d o f
ascertaining
a n d h e l p i n g to m e e t t he
credit needs
of its entire
d e l i n e a t e d c o m m u n i t y , i n c l u d i n g lo w - a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r consistent with its resources and capabi l i t i e s .

SN-

A n i n s t i t u t i o n in this g r o u p h a s a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of
ascertaining
a n d h e l p i n g to m e e t t he
credit n e e d s of its entire
d e l i n e a t e d community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r consistent with its resources and capabi l i t i e s .

BANK NAME/LOCATI ON
NONE




EXAMINATION DATE

RATINGS

Federal Reserve Bank o f St. Louis
FOR THE WEEK ENDING DECEMBER 17, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
* Section 3(a)(3) application by Adamsville
Bancshares, Inc., Adamsville, Tennessee, to
acquire Lewis County Bank, Hohenwald,
Tennessee.

End of Comment Period

Newspaper:

1-8-94

* Section 3(a)(3) application by Boatmen's Bancshares,
Inc., St. Louis, Missouri, to acquire Woodland
Bancorp, Inc., Tulsa, Oklahoma.
Newspaper:

1-15-94

* Section 3(a)(1) application by Boatmen's Oklahoma,
Inc., St. Louis, Missouri, to acquire Boatmen's
First National Bank of Oklahoma, Oklahoma City,
Oklahoma.

Newspaper:

1-15-94

* Section 3(a)(3) application by First Tennessee
National Corporation, Memphis, Tennessee, to acquire
Cleveland Bank & Trust Company, Cleveland,
Tennessee.
Newspaper:

1-12-94

* Section 4(c)(8) application by First Banks, Inc.,
Clayton, Missouri, to acquire Heartland Savings Bank,
FSB, St. Louis, Missouri.
Newspaper:

1-15-94

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
Section 24A application by United Missouri
Bank Northeast, Monroe City, Missouri, for an
investment in bank premises.

*This application is subject to CRA.



End of Comment Period

N/A*

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
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 low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community 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 improve record o f meeting community 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 noncompliance in meeting community 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 tow- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

FOR THE VEER ENDING

Name of Bank

December 17, 1993

Bank Address

Examination
Date

Examination
Rating

State Bank of Farina

P. 0. Box 246
Farina, Illinois

9-27-93

Satisfactory

First Bank

P. 0. Box 41052
Creve Coeur, Missouri 63141

7-26-93

Satisfactory




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

Application
None.

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

Application
John Baer and Homer Baer, III, to acquire
control of 55.50% and 44.50%, respectively,
(Federal Register)
Security State Bancshares of Bemidji, Inc.
Bemidj i , MN

1-5-94
of

Finlayson Bancshares, Inc.
Finlayson, MN
To acquire 14.10% of First Integrity
Bancorporation, Inc., Staples, MN

1-14-93
(Federal Register)

First Integrity Bancorporation, Inc.
Staples, MN
To acquire 100% of the voting shares of
Barrett Bancorporation, Inc.
Barrett, MN

1-14-93
(Federal Register)

Community First Bankshares, Inc
Fargo, ND
To acquire 98.83% of the voting
shares of the Bank of Spooner,
Spooner, WI*

12-23-93
(Federal Register)

Northwest Equity Corp.
Amery, WI
To acquire 100% of the voting shares of
Northwest Savings Bank
Amery, WI*

Not yet available

Community First Bankshares, Inc.
Fargo, ND
To acquire 100% of the voting shares
of Ada Banc Shares, Inc., Ada, MN, a
one bank holding company owning The
Ada National Bank, Ada, MN*

Not yet available

♦Subject to CRA




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

Application
David Flo, Signe Flo & Donald Flo
Credit Trust
To acquire control of 85% of the
voting shares of South Central
Financial Services, Inc., Bricelyn,
MN

Not yet available

First Bank System, Inc.
Mpls, MN
To acquire 100% of the voting shares
of Boulevard Bancorp, Inc., Chicago,
IL*

Not yet available

Michigan Financial Corporation
Marquette, MI
To acquire, through merger, 100% of
the voting shares of Houghton Finan­
cial, Inc., Houghton, MI*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application
Northwest Equity Corp.
Amery, WI
To engage de novo in making and
servicing loans.
Zappco, Inc.
St. Cloud, MN
To engage de novo in management
consulting to depository institu­
tions .
Norwest Corporation, Mpls, MN and
Norwest Financial Services, Inc.,
Des Moines, IA
To engage in making and servicing
loans with underwriting credit in­
surance throught the acquisition
of Community Credit Co., Edina,
MN.




Comment Period
Ending Date
Not yet available

12-29-93

Not yet available

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




F E D E R A L R E S E R V E B A N K OF M I N N E A P O L I S

Section V - Availability of
CRA Public Evaluations
week ending December 17, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
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.
B A N K (S ) EXAMINED
Ridgedale State Bank
1730 Plymouth Road
Minnetonka, MN 55305
(612) 544-2444

DATE OF EXAMINATION

CRA RATING

August 23, 1993

Satisfactory

Security Bank Minnesota
September 13, 1993
437 Bridge Avenue, Box 891
Albert Lea, MN 56007
(507) 373-1481




Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Vail National Bank, Vail, Colorado,
for prior approval to retain it's
membership in the Federal Reserve
System as a state chartered bank, and
to open a de novo branch facility at
110 Beaver Creek Boulevard, Avon,
Colorado.

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

Independent Bankshares, Inc.,
Glenwood Springs, Colorado, for prior
approval to acquire 100 percent of
the voting shares of Glenwood
Independent Bank, Glenwood Springs,
Colorado.*

Not Available

Donald L. Sturm, Denver, Colorado,
for prior approval to acquire 100
percent of the voting shares of
Country Hill Bank, Lenexa, Kansas.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

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




Federal Reserve Bank of Kansas City

O u t s t a n d i n g r e c o r d of m e e t i n g c o m m u n i t y c r e d i t n e e d s

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.
S a t i s f a c t o r y r e c o r d of m e e t i n g c o m m u n i t y c r e d i t n e e d 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 moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Needs

to i m p r o v e r e c o r d of m e e t i n g c o m m u n i t y c r edit n e e d s

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.
S u b s t a n t i a l n o n c o m p l i a n c e in m e e t i n g c o m m u n i t y c r edit n e e d s

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 DECEMBER 13, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

APPLICATION
Change in Control Notice by
Heritage Financial Corporation Employee Stock Ownership
Bonus Plan, Ruston, LA, to acquire an interest in Heritage
Financial Corporation, Ruston, LA
(Previously reported during the week of 11-29-93)
Change in Control Notice by
John H. and Cecilia C. Keck, Laredo, TX, to acquire
an interest in Union Texas Bancorporation, Inc.,
Laredo, TX
(Previously reported during the week of 11-22-93)

94/01/10/

93/12/29

♦Section 3(a)(1) application by
First Marshall Corporation, Marshall, TX, to acquire
East Texas National Bank of Marshall, Marshall, TX

N/A

♦Section 3(a)(1) application by
City National Bancshares, Inc., Colorado City, TX, to
acquire T M & S Bancshares, Inc., Dover, DE, and The City
National Bank of Colorado City, Colorado City, TX

N/A

♦Section 3(a)(1) application by
T M & S Bancshares, Inc., Dover, DE, to acquire The
City National Bank of Colorado City, Colorado City, TX

N/A

♦Section 3(a)(3) application by
Southern Bancshares, Inc., Houston, TX, to acquire
First State Bank Brazoria, Brazoria, TX (de novo)

N/A

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




NOTICE EXP

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 DECEMBER 13, 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncorapliance 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
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS APPROVED DURING THE WEEK OF DECEMBER 13, 1993
APPLICATION
None.




DATE

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 12/17/93
Section I - Applications Subject to Newspaper Notice Only
Comment Period Ending Date

Application
None

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Capital Bancorp Employee Stock Ownership
Plan, Downey, California, to become a bank
holding company by acquiring Capital Bancorp,
Downey, California. *

Newspaper:

Not available

Fed. Reg.:

01/14/94

Limestone Holding Corporation, Preston,
Washington, to become a bank holding company
by acquiring State Bank of Concrete, Concrete,
Washington. *

Newspaper:

Not available

Fed. Reg.:

Not available

Section III - Applications Sub.iect to Federal Register Notice Only
BankAmerica Corporation, San Francisco,
California, to acquire Liberty Bank, Honolulu,
Hawaii, through Bank of America, FSB,
Honolulu, Hawaii.

Fed. Rea.:

01/14/94

The Tokai Bank, Limited, Nagoya, Japan, to
engage de novo in providing investment and
financial advisor services through Tokai
Securities, Inc., New York, New York.

Fed. Rea.:

01/10/94

First Security Corporation, Salt Lake City
Utah, to engage de novo in buying and selling
U.S. government, state and local obligations on
the order of investors as riskless principal
through First Security Investor Service, Inc.,
Salt Lake City, Utah.

Fed. Reg.:

Not available

U.S. Bancorp, Portland, Oregon, to engage directly
in data processing activities through the use of
customers' personal computers.

Fed. Reg.:

Not available

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
Week Ending 12/17/93
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending December 17, 1993. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

West One Bank, Utah

107 South Main St.
Salt Lake City, UT
(801) 534-6000

Examination Date
08/23/93

Rating*
Outstanding

*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 resouces 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 resouces and capabilities.




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