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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1996, No. 8
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending February 24, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
KeyCorp, Cleveland, Ohio - - t o engage in securitiesrelated activities, including underwriting and
dealing in certain bank-ineligible securities, and
trading in certain futures, options and options on
futures.
Approved, February 20, 1996.
RESERVE BANK OPERATIONS
Federal Reserve Bank of San Francisco -- appointment
of John F. Moore as First Vice President, effective
March 1, 1996.
Approved, February 22, 1996.

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
Richmond

Centura Bank, Rocky Mount, North Carolina - - t o
establish a branch at 3 4 Second Street, N.W.,
*
Hickory, North Carolina.
Approved, February 21, 1996.

Philadelphia

Dauphin Deposit Bank and Trust Company, Harrisburg,
Pennsylvania - - t o establish a branch at the Giant
Food Store, South Spring Garden Street, Carlisle,
Pennsylvania.
Approved, February 21, 1996.

Chicago

Fifth Third Bank of Central Indiana, Indianapolis,
Indiana - - t o establish a branch at State Road 135
and Fry Road, Greenwood, Indiana.
Returned, February 22, 1996.




H. 2
F E B R U A R Y 20, 1996
PAGE 2

TO

F E B R U A R Y 23, 1996

A C T I O N S T A K E N BY T HE S T A F F A ND TH E F E D E R A L R E S E R V E BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Philadelphia

BT Financial Corporation, Johnstown, Pennsylvania request for relief from certain commitments in
connection with its acquisition of FirstSouth
Bancorp, Inc., Pittsburgh, Pennsylvania.
Granted, February 21, 1996.

New York

Community First Banking Company, Tinton Falls, New
Jersey -- notification to acquire Tinton Falls
State Bank.
Objection, February 22, 1996.

Atlanta

Durden Bankshares, Inc., Twin City, Georgia -- to
acqurie Durden Banking Company.
Approved, February 20, 1996.

Dallas

First Commercial Corp., Reno, Nevada -- to acquire
First Commercial Bank, N.A., Seguin, Texas.
Approved, February 23, 1996.

St. Louis

First Financial Group, Inc., English, Indiana -- to
invest in Independent Bankers Life Insurance
Company of Indiana, Phoenix, Arizona.
Approved, February 22, 1996.

Kansas City

First National Bancshares, Inc., Edmond, Oklahoma to acquire First National Bank of Edmond.
Approved, February 21, 1996.

Atlanta

First National Sylacauga Corporation, Sylacauga,
Alabama - - t o acquire City Banc Corporation,
Childersburg, Alabama.
Granted, February 23, 1996.

Atlanta

Gateway Bancshares, Inc., Ringgold, Georgia - - t o
acquire Gateway Bank and Trust.
Approved, February 23, 1
996.

San Francisco

Puget Sound Bancorp, Port Orchard, Washington - - t o
acquire First National Bank of Port Orchard.
Approved, February 20, 1996.

Dallas

Sundowner Bancshares, Inc., Wilmington, Delaware -request for waiver of application to acquire
Sundown State Bank, Sundown, Texas.
Granted, February 23, 1996.

H.2
FEBRUARY 2 0 ,
PAGE 3

1996

TO

FEBRUARY 2 3 ,

1996

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

BANK HOLDING COMPANIES
San Francisco

Vallicorp Holdings, Inc., Fresno, California -- to
merge with CoBank Financial Corporation, San Luis
Obispo, California, and acquire Commerce Bank of
San Luis Obispo, National Association.
Approved, February 20, 1996.

BANK MERGERS
Cleveland

Chippewa Valley Bank, Rittman, Ohio - - t o acquire the
Doylestown and Clinton, Ohio, branches of First
National Bank of Ohio, Akron, Ohio, and to
establish branches.
Approved, February 23, 1996.

Cleveland

Ohio Bank, Findlay, Ohio -- to acquire five branches
of Society National Bank, Cleveland, Ohio, and to
establish branches.
Approved, February 22, 1996.

San Francisco

Valliwide Bank, Fresno, California -- to merge with
Commerce Bank of San Luis Obispo, San Luis Obispo,
California.
Approved, February 20, 1996.

BANKS. FOREIGN
Director, BS&R

Deutsche Bank A.G. - New York Branch, New York, New
York -- transfer agent registration.
Approved, February 23, 1996.

CAPITAL STOCK




Dallas

Charlotte Bancshares, Inc., Charlotte, Texas -redemption of shares.
Approved, February 23, 1996.

Minneapolis

Twin Co., Inc., Twin Bridges, Montana -- redemption
of shares.
Approved, February 23, 1996.

H .2
FEBRUARY 2 0 ,
PAGE A

1996

TO

FEBRUARY 2 3 ,

1996

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

CHANGE IN BANK CONTROL
Dallas

Charlotte Bancshares, Inc., Charlotte, Texas -change in bank control.
Permitted, February 22, 1996.

Kansas City

Osborn Bancshares, Inc., Cameron, Missouri -- change
in bank control.
Permitted, February 22, 1996.

Kansas City

Welch Bancshares, Inc., Welch, Oklahoma -- change in
bank control.
Permitted, February 23, 1996.

COMPETITIVE FACTORS REPORTS




Secretary

Bank of Bellingham, Bellingham, Washington, proposed
acquisition of certain assets and assumption of
certain liabilities of the Bellingham, Washington,
branch of U.S. Bank of Washington, N.A., Seattle,
Washington -- report on competitive factors.
Submitted, February 22, 1996.

Kansas City

Bank of Jacomo, Blue Springs, Missouri, proposed
acquisition of the assets and assumption of the
liabilities of four branches in Independence,
Kansas, of Bank IV, N.A., Wichita, Kansas -- report
on competitive factors.
Submitted, February 21, 1996.

Kansas City

Colorado Community First State Bank, Steamboat
Springs, Colorado, proposed merger with Colorado
Community First National Bank, Fraser, Colorado -report on competitive factors.
Submitted, February 21, 1996.

Dallas

Equitable Bank, Dallas, Texas, proposed merger with
Compass Bank - Dallas -- report on competitive
factors.
Submitted, February 20, 1996.

H.2
F E B R U A R Y 20, 1996
PAGE 5

TO

F E B R U A R Y 23, 1996

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

COMPETITIVE FACTORS REPORTS




Cleveland

Mellon Bank PSFS, National Association, Vorhees
Township, New Jersey-- relocation of its main
office to 1735 Market Street, Philadelphia,
Pennsylvania, maintenance of its former main office
as a branch, and for Mellon Bank PSFS, National
Association, Philadelphia, to merge with Mellon
Bank, N.A., Greenburg, Pennsylvania, and for a
branch to be maintained at the former main office
of Mellon Bank (MD), Rockville, Maryland -- report
on competitive factors.
Approved, February 20, 1996.

Atlanta

Newnan Holdings, Inc., Newnan, Georgia, proposed
acquisition of the assets and assumption of the
liabilities of Newnan Savings Bank, FSB -- report
on competitive factors.
Submitted, February 21, 1996.

Dallas

Post Oak Bank, Houston, Texas, proposed merger with
Compass Bank - Houston, Texas -- report on
competitive factors.
Submitted, February 23, 1996.

Dallas

Securshares, Inc., Navasota, Texas, proposed merger
with Security State Bank -- report on competitive
factors.
Submitted, February 20, 1996.

Richmond

Taneytown Bank & Trust Company, Taneytown, Maryland,
proposed merger with Royal Oak Savings Bank, FSB,
Randallstown, Maryland -- report on competitive
factors.
Submitted, February 20, 1996.

Kansas City

Two Rivers State Bank, Blair, Nebraska, proposed
merger with Arlington State Bank, Arlington,
Nebraska -- report on competitive factors.
Submitted, February 21, 1996.

Richmond

United National Bank, Parkersburg, West Virginia,
proposed merger with First Empire Federal Savings &
Loan Association, Charleston, West Virginia -report on competitive factors.
Submitted, February 22, 1996.

H .2
FEBRUARY 2 0 ,
PAGE 6

1996

TO

FEBRUARY 2 3 ,

1996

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

EXTENSIONS OF TIME




Richmond

FCNB Bancorp, Inc., Fayetteville, West Virginia -extension to May 21, 1996, to acquire Fayette
County National Bank.
Granted, February 20, 1996.

New York

National Westminster Bank PLC, London, England
extension to May 22, 1996, to engage in making
equity investments in corporations or projects
designed primarily to promote community welfare.
Granted, February 22, 1996.

Boston

Passumpsic Bancorp, St. Johnsbury, Vermont -extension to acquire Berkshire County Savings Bank,
Pittsfield, Massachusetts.
Granted, February 23, 1996.

San Francisco

U.S. Bancorp, Portland, Oregon -- extension to divest
certain property.
Granted, February 22, 1996.

ADDITIONS AND CORRECTIONS

H.2
FEBRUARY 2 0 ,
PAGE 7

1996

TO

FEBRUARY 2 3 ,

1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Rules Regarding Availability of Information
request for comment on proposed amendments
(Docket R-0917).
Approved, February 14, 1996.

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

EXTENSIONS OF TIME




Chicago

Baxter Insurance Agency, inc., Baxter, Iowa -extension to May 16, 1996, to redeem shares.
Granted, February 16, 1996.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
S E C T I O N I - APPLIC A T I O N S S U B J E C T TO
NEWSPAPER NOTICE ONLY

Application

Comment Period Ending Date
NONE

S E C T I O N II - APPLIC A T I O N S S U B J E C T T O B O T H
N E W S P A P E R A N D FEDERAL R E G I S T E R N O T I C E

Application

Comment Period Ending Date
NONE

S E C T I O N III - A P P L I C A T I O N S S UBJECT TO
FEDERAL R E G I S T E R N O T I C E O N L Y

Application

Comment Period Ending Date
NONE

SE C T I O N IV - APPLICATIONS N O T S U BJECT TO
FEDERAL R E G I S T E R O R N E W S P A P E R N O T I C E

Application
NONE

SECTION V

Institution

- A V A I L A B I L I T Y OF CRA PUBLIC E VALUATIONS

Examination Date

Rating**

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




"N" - Needs to

FEDERAL RESERVE BANK OF NEW YORK
Comment Period
__Ending Date

SECTION I
Applications Subject to Newspaper
___________ Np . t 3 0^—Only___________
Application
New Jersey,
Market, 522
New Jersey.

by United Jersey Bank, Hackensack,
to establish a branch at A&P Food
Chestnut Ridge Rd., Woodcliff Lake,
1/

03/20/96

SECTION.II
Applications Subject to Both

Newspaper-and.Federal Register Notice
None.

SECTION.ill
Nonbanking Applications
(subject to Federal Register Notice Only)
None.
SECTION IV
Applications Not Involving
______ Public Comment______
None.
SECTION V
Avai labi 1i ty Q . . . C A _Pvfel.ig■_Eys l ti.
_f...B
L ^^ Qns
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 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 noncompliancJe 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.
Week Ending February 24, 1996
NAME OF BANK

3/

4/




EXAMINATION DATE

Chemung Canal
Trust Company
One Chemung Canal Plaza
Elmira, New York 14902

1/
2/

RATING
Outstanding

October 30, 1995

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 RECEIVED AND SUBJECT TO NEW SPAPER
N O TIC E ONLY
NONE
SECTION n - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEW SPAPER
FEDERAL REG ISTER N O TICE
NONE
SECTION m - APPLICATIONS RECEIVED AND SUB JE C T TO FEDERAL
REG ISTER N O TICE ONLY
U nited Valley Bancorp. Philadelphia, PA requests p rio r approval to acquire a t least 50
percent of Eagle Valley Financial Services, Inc., Philadelphia, PA, and thereby engage in
m ortgage banking p u rsu an t to section 4(c)(8) of the BHC Act and section 225.25(b)(1) of
Regulation Y.
Federal R egister com m ent period expires:
N/Avail
Fulton B ancshares C orporation. M cConnellsburg, PA, requests approval to engage de novo
in com m unity developm ent activities through its wholly-owned subsidiary, The F ulton
County C om m unity Development C orporation, p u rsu an t to section 4(c)(8) o f the BHC Act
and section 225.25(b)(6) of Regulation Y.
Federal Register com m ent period expires:

02/23/96

SECTION IV - APPLICATIONS RECEIVED AND NOT SUB JE C T TO FEDERAL
R EG ISTER N O TICE O R NEW SPAPER




NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
T he following institutions were examined for CRA. T he 30-business day period the bank
has to m ake the evaluation public has lapsed during the week ending February 23, 1996.
Identification o f Ratings
In connection w ith the assessm ent of each insured depository institution’s C R A perform ance,
a rating is assigned from the following groups:
Outstanding record o f m eeting community credit needs.
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to m eet the credit needs of its entire delineated community, including low- and
m oderate-incom e neighborhoods, in a m anner consistent with its resources and capabilities.
Satisfactory record o f m eeting community credit needs.
A n institution in this group has a satisfactory record of ascertaining and helping to m eet the
credit needs of its entire delineated community, including low- and m oderate-incom e
neighborhoods, in a m anner 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 of ascertaining and helping
to m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities.
Substantial noncom pliance in meeting community credit needs.
A n institution in this group has a substantially deficient record of ascertaining and helping
to m eet the credit needs of its entire delineated community, including low- and m oderateincome neighborhoods, in a m anner consistent with its resources and capabilities.

Bank/Location

Examination D ate

C RA Rating

Johnstown Bank
532-34 M ain Street
Johnstown, PA 15901

08/28/95

Satisfactory




F ederal R eserv e B a n k
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BU LLETIN
(For the week ending F eb ru ary 24, 1996)
SECTIO N I - APPLICATIONS SUBJECT TO N EW SPA PER N O TIC E ONLY
NONE
SECTIO N

n - APPLICATIONS SUBJECT TO B O TH NEW SPAPER AND FEDERAL
R EG ISTER N O TIC E
NONE

SECTIO N m - APPLICATIONS SUBJECT TO FED ER A L R EG ISTER N O TIC E ONLY
NONE
SECTIO N IV - APPLICATIONS N O T SUBJECT TO FED ERA L R EG ISTER N O TIC E
O R NEW SPAPER N O TIC E
NONE *

* - Subject to CRA
N - Newspaper Comment Period
F - Federal Register Comment Period
# - Expected to End 30 Days from Date of Receipt



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(February 25, 1996)

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 February 25,
1996. 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 o f 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 IM PR O V E: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COM PLIANCE: 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 low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NONE




F e d e r a l R e s e r v e B a n k of R i c h m o n d
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Centura Bank, Rocky Mount, North Carolina, to
establish a branch at 2000 West Nash Street,
Wilson, North Carolina.*

3-15-96

The Commonwealth Bank, Richmond, Virginia, to
establish a branch at 900 North Parham Road,
Richmond, Virginia.*

3-18-96

Triangle Bank, Raleigh, North Carolina, to
establish a branch at 2100 West Arlington
Boulevard, Greenville, North Carolina.*

3-19-96

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

Comment Period Ending Date

George Mason Bankshares, Inc., Fairfax,
Virginia, to acquire The Palmer National
Bancorp, Inc., Washington, D. C.*

3-17-96

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

George Mason Bankshares, Inc., Fairfax,
Virginia, to acquire Palmer National
Mortgage, Inc., Rockville, Maryland.

Not yet available.

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

*Application is subject to CRA requirements.




F e d e r a l R e s e r v e B a n k of R i c h m o n d
Section V - Availability of CAR Public Evaluations
Week ending February 23, 1996

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

Rating

The Bank of Marion
102 West Main Street
Marion, Virginia 24354-2599

12-4-95

Satisfactory

F & M Bank - Blakeley, Inc.
P. 0. Box 40
Ranson, West Virginia 25438

12-4-95

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 23, 1996
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

TransAtlantic Bank
03-03-96*
Miami, Florida
To establish a branch located at 11401 S.W. 40 Street, Miami, Florida,
known as the Bird Road Branch.

to be

SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 3655 Cascade Road, Atlanta, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 6615 Roswell Road, Atlanta, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 8725 Roswell Road, Atlanta, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 3649 Flakesmill Road, Decatur, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 1625 Pleasant Hill Drive, Duluth, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 2500 Dallas Road, Marietta, Georgia.
SunTrust Bank
Atlanta, Georgia
To establish a branch
Georgia.

03-01-96*
located at i 00 Johnson Ferry Road,
:

N.E.,

Marietta,

SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 1050 East Piedmont Road, Marietta, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 3605 Sandy Plains Road, N.E., Atlanta, Georgia.
SunTrust Bank
03-01-96*
Atlanta, Georgia
To establish a branch located at 1905 Scenic Highway, Snellville, Georgia.
SunTrust Bank
Atlanta, Georgia
To establish a branch
Georgia.

03-01-96*
located at 909

Eagles

Landing

Parkway,

♦Subject to provisions of the Community Reinvestment Act.




Stockbridge,

Federal, Reserve Bank of Atlanta
.
Applications,Bulletin for Week Ending February 23, 1996
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Compass Bancshares, Inc.
03-25-96*
Birmingham, Alabama
Federal Register
Along with Compass Banks of Texas, Inc., Birmingham, Alabama, and Compass
Bancorporation of Texas, Inc., Wilmington, Delaware, to merge with Peoples
Bancshares, Inc., Belton, Texas, and thereby directly acquire The Peoples
National Bank, Belton, Texas, pursuant to Section 3(a)(5) of the Bank Holding
Company Act.
Monticello Bancshares, Inc.
Not yet available*
Monticello, Georgia
1-BHC formation, Bank of Monticello, Monticello, Georgia.
Acadiana Bancshares, Inc.
Not yet available*
Laf aye 11 e , Loui siana
1-BHC formation, LBA Savings Bank, Lafayette, Louisiana.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Pilot Bancshares, Inc.
03-15-96
Tampa, Florida
To acquire National Aircraft Finance Company, Lakeland, Florida, and thereby
engage in aircraft financing activities, pursuant to Section 225.25(b)(1) of
Regulation Y.
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 February 23, 1996
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 low- and moderateincome 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
CRA Rating
Date
Barnett Bank of Pasco County
Post Office Box 1055
New Port Richey, Florida 34656
(813)847-8550

Outstanding

10-16-95

First Community Bank
Post Office Box 740278
Orange City, Florida 32774
(904)775-3115

Outstanding

03-06-95




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending February 23, 1996
Recently Approved Applications

Approval Date

First National Sylacauga Corporation
02-23-96
Sy 1acauga, A1 abama
Request for waiver of the application requirement of Section 3(a) (3) of the Bank
Holding Company Act to acquire City Banc Corporation, Childersburg, Alabama, and
thereby acquire its subsidiary, City Bank of Childersburg, Childersburg, Alabama.
1st United Bancorp
Boca Raton, Florida
Commitment waiver request.

02-23-96

Durden Bankshares, Inc.
02-20-96
Twin City, Georgia
1-BHC formation, Durden Banking Company, Inc., Twin City, Georgia.
Gateway Bancshares, Inc.
02-23-96
Ringgold, Georgia
1-BHC formation, Gateway Bank and Trust, Ringgold, Georgia (in organization)




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

Type

Application

Branch

Comerica Bank
Detroit, Michigan
15455 Haggerty Road
Plymouth, Michigan

NP - 2-24-96

Branch

Fifth Third Bank of Central Indiana
Indianapolis, Indiana
State Road 135 and Fry Road
Greenwood, Indiana

NP - 3-6-96

Branch

Fifth Third Bank of Central Indiana
Indianapolis, Indiana
1036 East 62nd Avenue
Indianapolis, Indiana
3100 Meridian Parke Drive
Greenwood, Indiana

NP - 2-27-96

Branch

1st Source Bank
South Bend, Indiana
500 Indiana Boundary Line Road
Chesterton, Indiana

NP - 3-4-96

Branch

1st Source Bank
South Bend, Indiana
800 Main Street
Rochester, Indiana

NP - 3-4-96

Merger/Branch

F & M Bank
Kaukauna, Wisconsin
TCF Bank Wisconsin, FSB
Little Chute, Wisconsin and
Branch @201 East Main Street
Little Chute, Wisconsin

NP - 3-5-96




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only cont’d
Comment Period
Ending Date

Type

Application

Branch

M&I Bank of Beloit
Beloit, Wisconsin
1805 Prairie Avenue
Beloit, Wisconsin

NP - **

Merger/Branch

Citizens Commercial & Savings Bank
Flint, Michigan
Second National Bank of Saginaw
Saginaw, Michigan
National Bank of Royal Oak
Royal Oak, Michigan
State Bank of Standish
Standish, Michigan
Second National Bank of Bay City
Bay City, Michigan
Grayling State Bank
Grayling, Michigan
and thereby establish 39 branches

NP - **




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

ly p e

Application

Y-2

NBE Bancshares, Inc.
Earlville, Illinois
Pinnacle Bancshares, Inc.
Paw Paw, Illinois
State Bank of Paw Paw
Paw Paw, Illinois*

FR - 2-20-96
NP - 2-16-96

Y-2

Bank of Waunakee Stock Ownership Plan
Waunakee, Wisconsin
Waunakee Bank Shares, Inc.
Waunakee, Wisconsin
Bank of Waunakee
Waunakee, Wisconsin*

FR - 2-22-96
NP - **

Y-2

First Michigan Bank Corporation
Holland, Michigan
Arcadia Financial Corporation
Portage, Michigan
Arcadia Bank & Trust Company
Kalamazoo, Michigan*

FR - 2-26-96
NP - 2-22-96

Y-2

Fort Wayne National Corporation
Fort Wayne, Indiana
Valley Financial Services, Inc.
Mishawaka, Indiana
Valley American Bank and Trust Company
South Bend, Indiana*

FR - 3-8-96
NP - 2-28-96

CoC-HC

Iroquois Bancorp, Inc.
Gilman, Illinois
Craig L. Campbell & Douglas L. Campbell

Y-l

First Capital Bankshares, Inc.
Peoria, Illinois
First Capital Bank
Peoria, Illinois (in organization)*




FR - 3-5-96

^JP _ **

FR - 2-2-96
NP - 1-22-96

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

Valley Comunity Bancorp, Inc.
St. Charles, Illinois
Valley Community Bank
St. Charles, Illinois* (in organization)

FR - 3-4-96
NP - 3-1-96

CoC-HC

Lanark Bancshares, Inc.
Lanark, Illinois
by Donald W. Gillfillan

FR - 2-23-96
NP - 2-21-96

CoC-HC

Lanark Bancshares, Inc.
Lanark, Illinois
by John H. Nelson

FR - 2-23-96
NP - 2-21-96

Y-l

Prairieland Employees Stock Ownership Plan
Bushnell, Illinois
Prairieland Bancorp, Inc.,
Bushnell, Illinois
Farmers & Merchants State Bank
Bushnell, Illinois*

FR - 2-26-96
NP - 1-18-96

Y-2

Forrest Bancshares, Inc.
Forrest, Illinois
Erie Bancorp, Inc.
Erie, Illinois
Erie State Bank
Erie, Illinois*

FR - 3-11-96
NP - **

CoC-HC

Palos Bancshares, Inc.
Palos Heights, Illinois
by Gregory J. Paetow

FR -3-12-96
J^p _ **

Y-2

Valley Ridge Financial Corporation
Kent City, Michigan
Community Bank Corporation
Grant, Michigan
Grant State Bank
Grant, Michigan

FR - 3-15-96
Np . **




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

Comment Period
Ending Date

Type

Application

4(c)(8)

Prairieland Employees Stock Ownership Plan
Bushnell, Illinois
to engage in making and servicing loans

FR - 2-26-96

4(c)(8)

Prairieland Employee Stock Ownership Plan
Bushnell, Illinois
to engage in providing tax services

FR -2-26-96

4(c)(8)

Prairieland Bancorp, Inc.
Bushnell, Illinois
To engage in making and servicing loans

FR - 2-26-96

4(c)(8)

Financial Services Corporation of the Midwest
Rock Island, Illinois
to engage de novo in the activity of making and
servicing loans

FR - 3-5-96

4(c)(8)

Heartland Bancshares, Inc.
Lenox, Iowa
to engage de novo in making and servicing loans

FR - 3-6-96

4(c)(8)

Midstates Bancshares, Inc.
Harlan, Iowa
to engage in securities brokerage and insurance
agency activities through its subsidiary, Midstates
Financial Services, Inc. Harlan, Iowa

PR . **

4(c)(8)

Midstates Bancshares, Inc.
Harlan, Iowa
to engage in trust functions and activities including
Fiduciary, agency or custodial nature and real estate
and personal property appraising through its subsidiary.
Midstates Trust and Farm Management, Inc.
Harlan, Iowa

PR . **




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

Type

Application

N - Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time




Federal Reserve Bank of Chicago

Federal Reserve Bank of Chicago
Section V - 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-day business day period die bank has to make the evaluation public
has lapsed during the week ending February 23, 1996. If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) direcdy.
Identification of Ratines
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 o f 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.

SN -

An institution in this group has a substantial noncompliance 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 NAME/LOCATION
Iowa Trust & Savings Bank
2101 10th Street
Emmetsburg, Iowa 50536-0159
(712) 852-3451




EXAMINATION DATE

11/13/95

RATINGS

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING FEBRUARY 23, 1996

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application
End of Comment Period
None.

Application

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

♦Section 3(a)(1) application by Crawford Financial
Corporation, Indianapolis, Indiana, to acquire
Marengo State Bank, Marengo, Indiana.

Newspaper: 3-22-96

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
Section 9 membership application by Pulaski Bank
and Trust Company, Little Rock, Arkansas.

♦This application is subject to CRA.




N/A

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification 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 ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
First State Bank of Red
Bud




February 23, 1996

Bank Address
P. O. Box 145
Red Bud, Illinois 62278-0145

Examination
Date

Examination
Rating

10/23/95

Satisfactory

F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

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

Application
F&M Bank-Lakeland, Woodruff, Wisconsin,
for prior approval to merge with Bradley Bank,
Tomahawk, Wisconsin, and incident thereto,
establish two branches in Tomahawk, Wisconsin.

Not yet available

First American Bank, Grand Forks, North
Dakota, to establish a branch in Grand Forks,
North Dakota.

March 15, 1996

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Application
Norwest Corporation, Minneapolis,
Minnesota, for prior approval to acquire 100%
of the voting shares of die Union Texas
Bancorporation, Inc., Laredo, Texas. *
^Subject to CRA




Comment Period
Endine Date
Not yet available

F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

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

App i a i n
lcto
Norwest Corporation, Minneapolis, Minnesota
to engage in securities brokerage activities through
the acquisition of Victoria Bankshares, Inc.,
Victoria, Texas, which owns Victoria Securities
Company, Victoria, Texas.

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




March 7, 1996

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending February 2 , 1996
3
ASSIGNMENT OF RATING
Identification of Ratines
In connection with the assessment of each insured depository institution’s CRA performance, a rating
is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low-and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

BANKfSI EXAMINED
NONE.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER N O TIC E ONLY
APPLICATION

COMMENT PERIOD ENDING DATF.

None.
SECTION II - APPLICATIONS SUBJECT T O BOTH
NEW SPAPER AND FEDERAL REGISTER N O TICE
APPLICATION

COMMENT PERIOD ENDING DATE

Marty W. Hansen and Patricia K. Hansen, both of
Pawnee, Oklahoma; to acquire an additional 7.6
percent, for a total of 25.2 percent, and James W.
Martin, Pawnee, Oklahoma, acting in concert, to
acquire a total of 25.1 percent, for a total of 50.3
percent, of the voting shares of Pawnee Holding
company, Inc., Pawnee, Oklahoma.

March 15, 1996

Aspen Bancshares, Inc., Aspen, Colorado, for prior
approval to acquire 100 percent of the voting shares of
Val Cor Bancorporation, Inc., Cortez, Colorado.*

March 22, 1996

CB Holding Company, Edmond, Oklahoma, for prior
approval to become a bank holding company through
the acquisition of 80 percent of the voting shares of
P.N.B. Financial Corporation, Kingfisher, Oklahoma
and at least 66.9 percent of the voting shares of City
Bank, Weatherford, Oklahoma.*

March 22, 1996

R. Banking Limited Partnership, Oklahoma City,
Oklahoma, for prior approval to allow partnership’s
investment in BancFirst Corporation, Oklahoma City,
Oklahoma, to fluctuate between 46 and 49.99
percent. *

Not Available

First Commerce Bancshares, Inc.; James Stuart, Jr.
Family Partnership; Catherine Stuart Schmoker Family
Partnership; Scott Stuart Family Partnership; Stuart
Family Partnership; all of Lincoln, Nebraska, to
acquire 14.1 percent of the voting shares of Bank of
Bertrand, Bertrand, Nebraska, and 5.2 percent of the
voting shares of First State Bank, Randolph,
Nebraska.*

Not Available




Federal Reserve Bank of Kansas City

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTTC.F. ONT.v
APPLICATION

COMMENT PERIOD ENDING DATF.

Greater Metro Bank Holding Company, Aurora,
Colorado, for prior approval to engage de novo
through its subsidiary, Greater Metro Insurance and
Consulting Services, Inc., Aurora, Colorado, in the
activity of providing management consulting services
to depository institutions..

March 15, 1996

Labette County Bankshares, Inc., Altamont, Kansas,
for prior approval to engage de novo through its
subsidiary, Kansas Credit, Inc., Altamont, Kansas, in
establishing a consumer finance company.

March 15, 1996

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTTC.F,
OR NEWSPAPER NOTICE
APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance, a
rating is assigned from the following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of ascertaining and helping to meet
-the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, 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.




Federal Reserve Bank of Kansas City

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.

Bank/Location
None.

♦Application is subject to CRA.




Exam Date

CRA Public
Pate

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 19, 1996
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP

APPLICATION
♦Section 18(c) application received from
Midland American Bank, Midland, TX, to
merge with Stanton National Bank, Stanton, TX
♦Section 9 application received from
Midland American Bank, Midland, TX, to
establish a branch at 1211 N. Lamesa Highway,
Stanton, TX 79782

N/A

N/A

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
B. Joe Aday, Las Cruces, NM, to acquire an interest in
First Sierra Bancshares, Inc., Truth or Consequences, NM
(Previously reported during the week of 1-29-96)
♦Section 3(a)(3) application by
National Bancshares Corporation of Texas, Laredo, TX,
to acquire Corpus Christi Bancshares, Inc., Corpus
Christi, TX, and Citizens State Bank, Corpus Christi, TX
(Previously reported during the week of 1-29-96)
♦Section 3(a)(3) application by
East Texas National, Inc., Palestine, TX, to acquire
American Bank, Huntsville, TX
(Previously reported during the week of 1-22-96)
♦Section 3(a)(3) application by
East Texas-Dover, Inc., Wilmington, DE, to acquire
American Bank, Huntsville, TX
(Previously reported during the week of 1-22-96)
♦Section 3(a)(1) application by
JWL-GSW, Ltd., Houston, TX, to acquire
Gulf Southwest Bancorp, Inc., Houston, TX,
Gulf Southwest Nevada Bancorp, Inc., Reno, NV, and
Merchants Bank, Houston, TX
(Previously reported during the week of 2-5-96)




** NOTICE EXP

96/03/12

96/03/16

96/02/21

96/02/21

96/03/07

Change in Control Notice by
William David Lacy, Waco, TX, to acquire an
interest in The Community Company, Waco, TX
(resubmission)
(Previously reported during the week of 1-29-96)

96/02/29

♦Section 3(a)(1) application by
The Caddo Financial Corporation, Caddo Mills, TX,
to acquire The State National Bank of Caddo Mills,
Caddo Mills, TX

N/A

♦Section 3(a)(1) application by
Star Bancshares, Inc., Austin, TX, to acquire
Star Bancshares of Nevada, Inc., Carson City, NV, and
First State Bank, Austin, TX

N/A

♦Section 3(a)(1) application by
Star Bancshares of Nevada, Inc., Carson City, NV, to
acquire First State Bank, Austin, TX

N/A

♦Section 3(a)(1) application by
First National Monahans Bancshares, Inc., Monahans, TX,
to acquire Monahans Delaware Financial Corporation,
Dover, DE, and First National Bank of Monahans,
Monahans, TX

N/A

♦Section 3(a)(1) application by
Monahans Delaware Financial Corporation, Dover, DE,
to acquire First National Bank of Monahans, Monahans, TX

N/A

♦Section 3(a)(1) application by
Bastrop Bancshares, Inc., Bastrop, TX, to acquire Bastrop
Holdings, Inc., Wilmington, DE, and First National Bank of
Bastrop, Bastrop, TX

N/A

♦Section 3(a)(1) application by
Bastrop Holdings, Inc., Wilmington, DE, to acquire
First National Bank of Bastrop, Bastrop, TX

N/A

♦Section 3(a)(1) application by
Outsource Capital Group, Inc., Lubbock, TX, to
acquire Outsource Delaware Capital Group, Inc.,
Dover, DE, and First Bank & Trust Co., White Deer, TX

N/A

♦Section 3(a)(1) application by
Outsource Delaware Capital Group, Inc., Dover, DE, to
acquire First Bank & Trust Co., White Deer, TX

N/A




SECTION III - APPLICATIONS SUBJECT TO FEDERAL RE6ISTER NOTICE
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
South Plains Financial, Inc., Lubbock, TX, to
engage in data processing activities through
South Plains Financial Services, Inc., Lubbock, TX

96/03/15

Section 4(c)(8) de novo notification by
South Plains Delaware Financial Corporation, Dover, DE,
to engage in data processing activities through
South Plains Financial Services, Inc., Lubbock, TX

96/03/15

Section 4(c)(8) de novo notification by
Outsource Capital Group, Inc., Lubbock, TX, to engage in
leasing activities through Outsource Capital Group, Inc.,
d.b.a. Outsource Lease, Lubbock, TX

96/03/25

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 FEBRUARY 19. 1996

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

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 2/23/96
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
Bank of Taiwan, Taipei, Taiwan, to become a
bank holding company by acquiring a minimum of
12.84 percent of FCB Taiwan California Bank
(In Organization), Alhambra, California. *

Newspaper:

3/24/96

Fed. Reg.:

Not available

Section III -Applications Subject to Federal Register Only
None

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice (Cont’d.)
None

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 2/23/96
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this
week. Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

*Under the rating system an institution’s CRA performance is assigned one of the
following
four ratings:

Outstanding record of meeting community credit needs:

An institution has an
outstanding record of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

Satisfactory record

of meeting community credit needs:
An institution has a
satisfactory record of ascertaining and meeting the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Needs to improve record of meeting community credit needs: An institution needs to
improve its overall record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to 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- to moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.

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




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