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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 5
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending February 4, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Mexican economic and financial situation -- statement
by Chairman Greenspan before the Senate Committee
on Banking, Housing, and Urban Affairs, January 31,
1995.
Published, January 31, 1995.

BANK HOLDING COMPANIES
Bank of Tokyo, Ltd., Tokyo, Japan -- to acquire The
Chicago-Tokyo Bank, Chicago, Illinois.
Approved, January 30, 1995.
Battle Creek State Company, Battle Creek, Nebraska
to acquire Battle Creek State Bank.
Approved, January 30, 1995.
Peak Banks of Colorado, Inc., Nederland, Colorado -to acquire Peak National Bank.
Approved, January 30, 1995.
State Street Boston Corporation, Boston,
Massachusetts -- to acquire IFTC Holdings, Inc.,
Kansas City, Missouri, and Investors Fiduciary
Trust Company, and engage in trust and trustrelated activities.
Approved, January 30, 1995.
DISCOUNT RATES




Discount rate -- increase to 5-1/4 percent from 4-3/4
percent by the Federal Reserve Banks of Boston, New
York, Richmond, Chicago, St. Louis, Kansas City,
and San Francisco
Approved, February 1, 1995.
Discount rates — increase by the Federal Reserve
Banks of Philadelphia, Atlanta, Minneapolis, and
Dallas to 5-1/4 percent from 4 3/4 percent.
Approved, February 2, 1995.

H .2

JANUARY 30, 1995
FA^E

TO

FEBRUARY 9, 1995

2

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
REGULATIONS AND POLICIES

Regulations H and Y -- final rule to amend risk-based
capital guidelines for state member banks and bank
holding companies to implement section 350 of the
Riegle Community Development and Regulatory
Improvement Act regarding low-level recourse
transactions (Docket R-0835).
Approved, February 2, 1995.

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




San Francisco

Bank of America, Nevada, Las Vegas, Nevada -- to
establish branches at Cheyenne and Jones, and 1061
West Owens Avenue.
Returned, February 1, 1995.

San Francisco

Bank of America Nevada, Las Vegas, Nevada -- to
establish branches at 4047 South Virginia Street,
Reno; 1075 North Hills Boulevard; Mount Rose
Highway; and 3701 South Carson Street, Carson City,
Nevada.
Returned, February 1, 1995.

San Francisco

Bank of Ephraim, Ephraim, Utah -- to establish a
branch at 1155 West Utah Avenue, Hildale, Utah.
Approved, February 3, 1995.

Chicago

Lake Forest Bank & Trust Company, Lake Forest,
Illinois -- to establish a branch at 810 A South
Waukegan Road.
Approved, January 30, 1995.

H.2

JANUARY 30, 1995
PAGE 3

TO

FEBRUARY 4, 1995

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

BANK HOLDING COMPANIES




Dallas

Abrams Centre Bancshares, Inc., Dallas, Texas,-- to
acquire Abrams Centre National Bank.
Approved, February 3, 1995.

Dallas

ANB Corporation, Terrell, Texas --to acquire ANB
Delaware Corporation, and American National Bank of
Terrell.
Approved, February 3, 1995.

Dallas

ANB Delaware Corporation, Terrell, Texas --to
acquire American National Bank of Terrell, Terrell,
Texas.
Approved, February 3, 1995.

Dallas

A.N.B. Holding Company, Ltd., Terrell, Texas -- to
acquire ANB Corporation, ANB Delaware Corporation,
and American National Bank of Terrell.
Approved, February 3, 1995.

St. Louis

BancorpSouth, Inc., Tupelo, Mississippi -- to operate
a savings and loan association through acquisition
of LF Bancorp, Inc., Laurel, Mississippi, thereby
acquiring Laurel Federal Savings and Loan
Association,
Approved, January 30, 1995.

Secretary

Bank of Boston Corporation, Boston, Massachusetts,
and BancBoston Holdings, Inc. -- to acquire Bank of
Boston (Maine), National Association, South
Portland, Maine.
Approved, January 30, 1995.

Richmond

Bank of South Carolina Corporation, Charleston, South
Carolina -- to acquire The Bank of South Carolina.
Approved,:February 2, 1995.

St. Louis

Barretville Corporation, Millington, Tennessee -- to
acquire Somerville Bank and Trust Company,
Somerville, Tennessee.
Withdrawn, February 1, 1995.

Minneapolis

Bridger Company, Bridger, Montana -- to acquire
Norwest Bank Wyoming, Lovell, N.A., Lovell,
Wyoming.
Approved, January 31, 1995.

H .2
JANUARY 30, 1995
PAGE 4

TO

FEBRUARY 4, 1995

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

BANK HOLDING COMPANIES




Kansas City

Byron State, Inc., Byron, Nebraska -- to acquire
Bryon State Bank.
Approved, January 31, 1995.

Philadelphia

Dauphin Deposit Corporation, Harrisburg, Pennsylvania
-- to engage in certain nonbanking activities
through Loans USA. Incorporated, Pasadena,
Maryland.
Approved, February 3, 1995.

St. Louis

Diamond Bancorp, Inc. Washington, Missouri -- to
>
acquire Bank of Washington.
Approved, February 1, 1995.

Kansas City

Estes Park Bank Restated Employee Stock Ownership &
Retirement Trust, Estes Park, Colorado -- to
acquire Estes Bank Corporation.
Approved, February 3, 1995.

Minneapolis

First Bank System, Inc., Minneapolis, Minnesota -- to
merge with First Western Corporation, Sioux Falls,
South Dakota.
Approved, January 30, 1995.

Dallas

First Canadian Delaware Financial Corporation, Dover,
Delaware -- to acquire First National Bank of
Canadian, Canadian, Texas.
Approved, February 1, 1995.

Secretary

First National of Nebraska, Inc., Omaha, Nebraska
to engage in consumer finance lending and the sale
of credit insurance through Platte Valley Finance
Company, North Platte, Nebraska.
Approved, February 3, 1995.

Kansas City

FirstBank Holding Company of Colorado ESOP, Lakewood,
Colorado -- extension to April 30, 1995, to acquire
Grants State Bank, Grants, New Mexico.
Approved, February 1, 1995.

Chicago

GreatBanc, Inc., Aurora, Illinois -- to acquire
GreatBank, Algonquin, Illinois.
Returned, January 31, 1995.

H .2

JANUARY 30, 1995
PAGE 5

TO

FEBRUARY 4, 1995

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

BANK HOLDING COMPANIES




Chicago

Investors Bank Corp. Wayzata, Minnesota -- request
,
for waiver of filing 3(a)(1) and 3(a)(3)
application forms.
Approved, January 31, 1995.

Cleveland

KeyCorp, Cleveland, Ohio -- to engage de novo in
lending activities through KeyCorp Finance, Inc.
Permitted, February A, 1995.

Dallas

Mesquite Financial Services, Inc., Alice, Texas -- to
acquire Mesquite Financial Services Delaware,
Wilmington, Delaware, and Bank of Alice, Alice,
Texas.
Approved, February 2, 1995.

Dallas

Mesquite Financial Services Delaware, Inc.,
Wilmington, Delaware --to acquire Bank of Alice,
Alice, Texas.
Approved, February 2, 1995.

New York

National Westminster Bank PLC, London, England, and
Natwest Holdings Inc., New York, New York -- to
acquire certain assets of BRS Capital Management,
Inc., Boston, Massachusetts, and engage in
investment advisory activities.
Approved, February 3, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
acquire the mortgage-servicing rights of Bank of
Montana, N.A., Great Falls, Montana, and Montana
Bank, N.A., Billings, Montana.
Approved, January 31, 1995.

Chicago

Rantoul Bancorp, Inc., Rantoul, Illinois -- to
acquire Bancorp of Rantoul, Inc. and Bank of
Rantoul.
Approved, February 1, 1995.

New York

Royal Bank of Canada, Montreal, Canada -- to engage
de novo in lending activities through BFA
Receivables Acquisition Corp. Wilmington,
,
Delaware.
Permitted, February 3, 1995.

H.2

JANUARY 30, 1995
PAGE 6

TO

FEBRUARY 4, 1995

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

BANK HOLDING COMPANIES
GC

Signet Banking Corporation, Richmond, Virginia -determination that Signet will not control Capital
One Bank, Richmond, Virginia, and Capital One
Financial Corporation after Signet distributes
remaining Capital Corporation shares to Signet’s
shareholders.
Granted, January 31, 1995.

Atlanta

Synovus Financial Corp. Columbus, Georgia, and TB&C
,
Bancshares, Inc. -- to merge with NBSC Corporation,
Columbia, South Carolina, and acquire National Bank
of South Carolina.
Approved, January 30, 1995.

Dallas

Texas Bancshares, Inc., San Antonio, Texas --to
acquire State Bank of La Vernia, La Vernia, Texas.
Approved, January 31, 1995.

Dallas

Texas Bancshares Subsidiary Corporation, Inc.,
Wilmington, Delaware -- to acquire State Bank of La
Vernia, La Vernia, Texas.
Approved, January 31, 1995.

Chicago

Waupaca Bancorporation, Inc., Waupaca, Wisconsin -to acquire NBC Bancshares, Inc., Pampa, Texas, and
National Bank of Commerce.
Approved, January 31, 1995.

Chicago

West Town Bancorp, Cicero, Illinois --to engage de
novo in servicing a loan through West Town Savings
Bank for West Town Bancorp’s employee stock
ownership plan.
Permitted, January 30, 1995.

BANK MERGERS




San Francisco

Valliwide Bank, Fresno, California -- to merge with
Community First Bank, Bakersfield, California.
Returned, January 31, 1995.

H.2
JANUARY 30, 1995
PAGE 7

TO

FEBRUARY 4, 1995

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

BANK PREMISES
Chicago

Hendricks County Bank and Trust Company, Brownsburg,
Indiana -- investment in bank premises.
Returned, January 30, 1995.

Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan -- investment in bank premises.
Approved, February 2, 1995.

BANKS. STATE MEMBER
Director, BS&R

Highlands Union Bank, Abington, Virginia -- transfer
agent registration.
Approved, February 1, 1995.

CAPITAL STOCK
St. Louis

Ashley Bancstock Company, Crossett, Arkansas -redemption of shares.
Approved, February 2, 1995.

Kansas City

Guaranty Bancshares Corporation, Kansas City,
Kansas -- redemption of shares.
Approved, February 3, 1995.

Chicago

Trimpe's Inc., Lisbon, Iowa -- redemption of shares.
Returned, February 2, 1995.

CHANGE IN BANK CONTROL
San Francisco

First Indo-American Bank, San Francisco, California
- change in bank control.
Returned, February 2, 1995.

Kansas City

Guaranty Bancshares Corporation, Kansas City,
Kansas -- change in bank control.
Permitted, February 3, 1995.

COMPETITIVE FACTORS REPORTS




St. Louis

American National Bank of Vincennes, Vincennes,
Indiana, proposed purchase of certain assets and
assumption of certain liabilities of the Princeton,
Indiana, branch of First Indiana Bank, FSB,
Indianapolis, Indiana -- report on competitive
factors.
Submitted, January 31, 1995.

H .2
JANUARY 30, 1995
PAGE 8

TO

FEBRUARY 4, 1995

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

COMPETITIVE FACTORS REPORTS




Boston

Awane Bank, FSB (in organization), Peterborough, New
Hampshire, proposed purchase of the assets and
assumption of the liabilities of Awane Credit Union
-- report on competitive factors.
Submitted, January 31, 1995.

Cleveland

Bank of Kentucky Financial Corporation, Covington,
Kentucky, proposed acquisition of Burnett Federal
Savings Bank -- report on competitive factors.
Submitted, February 4, 1995.

Richmond

Carolina First Bank, Greenville, South Carolina,
proposed merger with Midlands National Bank,
Prosperity, South Carolina -- report on competitive
factors.
Submitted, February 3, 1995.

Minneapolis

First Bank of South Dakota, N.A., Sioux Falls, South
Dakota, proposed merger with Western Bank -- report
on competitive factors.
Submitted, January 30, 1995.

Chicago

First Federal Savings Bank of LaCrosse-Madison,
LaCrosse, Wisconsin, proposed purchase of the
assets and assumption of the liabilities of the
Manitowoc, Wisconsin, branch of M&I Bank-Fox
Valley, Appleton, Wisconsin -- report on
competitive factors.
Submitted, January 30, 1995.

Atlanta

First Sterling Bank, Auburndale, Florida, proposed
merger with Commerce Bank of Central Florida,
Winter Haven, Florida -- report on competitive
factors.
Submitted, January 30, 1995.

Chicago

Firstar Federal Savings Bank of LaCrosse-Madison,
LaCrosse, Wisconsin, proposed purchase of the
assets and assumption of the liabilities of the Eau
Claire, Wisconsin, branch of M&I Community State
Bank -- report on competitive factors.
Submitted, January 30, 1995.

H .2
JANUARY 30, 1995
PAGE 9

TO

FEBRUARY A, 1995

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

COMPETITIVE FACTORS REPORTS




San Francisco

Glendale Federal Bank, FSB, Glendale, California,
proposed purchase of assets and assumption of
liabilities of five branches of Independence One
Bank of California, Mission Viejo, California -report on competitive factors.
Submitted, January 31, 1995.

Boston

Peoples Heritage Savings Bank, Portland, Maine,
proposed acquisition of the branches of Fleet Bank
of Maine -- report on competitive factors.
Submitted, February 3, 1995.

Atlanta

Regions Financial Corporation, Birmingham, Alabama,
proposed acquisition of the assets and assumption
of the liabilities of Fidelity Federal Savings
Bank, Dalton, Georgia -- report on competitive
factors.
Submitted, February 1, 1995.

Minneapolis

Rural American Bank-Hinckley, Hinckley, Minnesota,
proposed merger with Sturgeon Lake Bank, Sturgeon
Lake, Minnesota -- report on competitive factors.
Submitted, January 31, 1995.

Richmond

Security Capital Bank, Salisbury, North Carolina,
proposed purchase of the assets and assumption of
the liabilities of North Carolina Financial
Services Corporation; Northbound, Ltd., Universal
Financial Services Corporation, Inc.; NC Financial
Services Corp.; and First Residential Mortgage
Group, Inc. -- report on competitive factors.
Submitted, January 30, 1995.

Atlanta

Walthall Citizens Bank, Tylertown, Mississippi,
proposed purchase of certain assets and assumption
of the liability to pay deposits made in the
Tylertown branch of Magnolia Bank for Savings,
Hattiesburg, Mississippi -- report on competitive
factors.
Submitted, February 1, 1995.

H.
2
JANUARY 30,
PAGE 10

1995

TO

FEBRUARY 9,

1995

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

COMPETITIVE FACTORS REPORTS
San Francisco

Zions First National Bank, Salt Lake City, Utah,
proposed merger with First Western National Bank,
Moab, Utah -- report on competitive factors.
Submitted, January 31, 1995,

EXTENSIONS OF TIME
Ph iladelph ia

First Fidelity Bancorporation, Lawrenceville, New
Jersey -- extension to engage in certain activities
in connection with application to acquire shares of
InfiNET Payment Services, Hackensack, New Jersey.
Granted, January 30, 1995.

St. Louis

Bank of Hillsboro, Hillsboro, Missouri -- to become a
member of the Federal Reserve System.
Approved, January 31, 1995.

Cleveland

Hocking Valley Bank, Athens, Ohio -- to become a
member of the Federal Reserve System.
Approved, February 4, 1995.

St. Louis

State Bank of Dixon, Dixon, Missouri --to become a
member of the Federal Reserve System.
Approved, January 30, 1995.

MEMBERSHIP

REGULATIONS AND POLICIES
FOMC

Short-term interest rates -- increase in federal
funds rate.
Approved, February 1, 1995.

RESERVE BANK OPERATIONS




D irector, FRBO

Federal Reserve Bank, of Dallas -- to expand its
currency vault.
Approved, January 31, 1995.

H .2
JANUARY 30, 1995
PAGE 11

ADDITIONS AND CORRECTIONS
TO

FEBRUARY 4, 1995

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

EXTENSIONS OF TIME




New York

Banco Santander, S.A., Santander, Spain, The Bank of
New York Company, New York, New York, the Chase
Manhattan Corporation; Chemical Banking
Corporation; Citicorp; HSBC Holdings PLC, London,
England, HSBC Holdings B.V., Amsterdam, The
Netherlands; Marine Midland Banks, Inc., Buffalo,
New York; National Westminster Bank PLC, London,
England, and Natwest Holdings, Inc., New York, New
York -- extension to April 7, 1995, to engage
through InfiNET Payment Services, Inc., Hackensack,
New Jersey, in certain activities related to a
retail electronic funds transfer and automated
teller machine network, including data processing
and data transmission activities.
Granted, January 26, 1995.

Cleveland

Bank One Corporation, Columbus, Ohio -- extension to
engage in data processing activities through
Processador 21, Mexico City, Mexico.
Granted, January 26, 1995.

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 JANUARY 30. 1995
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 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

Pacific National Corporation,
Newspaper
Nantucket, Massachusetts Change in Bank Control
Federal Register
Notification filed on behalf
of the Josephine F. Waine Trust,
Marco Island, Florida
John P.M. Higgins, Nicholas
H.S. Higgins, both of Portland,
Maine and Robert C .S . Monks,
Cape Elizabeth, Maine - Change
in Bank Control notification
to acquire 19.5%, 23.7% and
17.4%, respectively of Class E
common stock of Atlantic
Bancorp, South Portland, Maine

02-22-95
01-31-95

Newspaper

02-16-95

Federal Register

02-16-95

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

Berkshire Financial
Federal Register
Services, Inc., Lee,
Massachusetts - 4(c)(8)
application to acquire
Berkshire Financial Centers
Inc., Lee, Massachusetts

Not Yet Established

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

*Subject to CRA.
**Rating Definitions:
"0
- Needs to Improve; "SN"



- Outstanding; "S" - Satisfactory; "N"
Substantial Noncompliance.

SECTION V - A V A IL A B IL IT Y OF CRA PUBLIC EVALUATIONS

Institution




Examination Date
NONE

Rating*

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
United Jersey Bank, Hackensack, New Jersey, to
establish an offsite electronic facility at
Meldisco, 933 MacArthur Boulevard, Mahwah,
Bergen County, New Jersey. 1/

2/25/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
North Fork Bancorporation, Inc., Mattituck, New
York ("Applicant"), to acquire (1) up to 19.9
percent of the outstanding common stock of
Suffolk Bancorp, Riverhead, New York ("Suffolk"),
and thereby to indirectly increase Applicant's
interest in Suffolk's wholly-owned subsidiaries,
The Suffolk County National Bank, Riverhead, New
York, and Island Computer Corporation of New
York, Inc, Bohemia, New York, a data processing
company; and (2) up to 9.9 percent of the
outstanding common stock of Sunrise Bancorp, Inc.,
Farmingdale, New York ("Sunrise"), and thereby to
indirectly acquire an interest in Sunrise's wholly-owned
federal savings bank subsidiary, Sunrise Federal Savings
Bank, Farmingdale, New York. 1/

3/2/95 3/

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Deutsche Bank AG, Frankfurt, Germany, to engage de novo
through its subsidiary, Deutsche Bank Trust Company,
New York, New York, in (1) trust, company functions;
(2) foreign exchange advisory and transactional services;
and (3) consumer financial counseling, pursuant to Sections
225.25(b)(3), (b)(17) and (b)(20) of Regulation Y,
respectively.

1/ Subject to provisions of Community Reinvestment Act.



N/A

SECTION IV

Applications Not Involving
______Public Comment______

None.

SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate -income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources an
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 February 4, 1995
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
None
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
Republic Bancorporation, Inc., Philadelphia, PA seeks approval to become a bank holding
company, pursuant to Section 3(a)(1) of the Bank Holding Company Act.
(The holding
company will form over Republic Bank, Philadelphia, PA, a state member bank.)
Newspaper notice comment
Federal Register comment

period expires:
period expires:

02/28/95
N/Avail

MNB Corporation, Bangor, PA, to form a bank holding company by acquiring 100% of the
voting shares of The Merchants National Bank of Bangor, Bangor, PA, pursuant to Section
3(a)(1) of the Bank Holding Company Act. The Merchants National Bank of Bangor will
merge with and into Merchants Interim National Bank in order to effect the formation.
Newspaper notice comment
Federal Register comment

period expires:
period expires:

02/10/95
N/Avail

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.




FEDERAL RESERVE BANK OP 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 February 3, 1995.
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 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•
Meeds 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
NONE




Examination Date

CRA Rating

Fe d e r a l R e s e r v e B
of

ank

C leveland

P. 0. B O X 6387
C L E V E L A N D , OHIO 44101-1387

A PPLIC A TIO N S BU LLETIN
(For the week ending F eb ru ary 18,1995)
SECTIO N I - A PPLIC A TIO N S SU B JEC T TO N EW SPAPER N O TIC E ONLY
NONE
SECTIO N II - A PPLICA TIO N S SU B JEC T TO BOTH N EW SPAPER AND FED ERA L R EG ISTER N
NONE
SECTION III - A PPLICA TIO N S SU BJECT TO FEDERAL R EG ISTER N O TIC E ONLY
NONE
SECTIO N IV - A PPLICA TIO N S N O T SUBJECT TO FEDERAL R EG ISTER N O TIC E O R NEWSPA
Application by certain Banc One Corporation, Columbus, Ohio, bank subsidiaries to organize and
invest in a bank service corporation to engage in without geographic restriction merchant credit
card processing activities.

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


AVAILABILITY O F CRA PU BLIC EVALUATIONS
(February 10, 1995)

The following state member banks have been examined by the Federal Reserve Bank of Cleveland for
compliance with The Community Reinvestment Act Apublic evaluation document became available from the
bank(s) listed below during the week ended February 10,1995. 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 low- and 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 moderate-income
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 low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

NONE




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

Comment Period Ending Date

FCNB Bank, Frederick, Maryland, to
establish an Electronic Funds Transfer
Facility at the Frederick 1-70 Truck
Stop, 10 East Walser Drive, Frederick,
Maryland.*

2-24-95

Mellon Bank (MD), Rockville, Maryland,
to establish a branch at 9822 Falls
Road, Potomac, Maryland.*

2-27-95

FCNB Bank, Frederick, Maryland, to
establish a branch in the Brunswick
Shopping Center at 94 Souder Road,
Brunswick, Maryland.*

3-2-95

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

Comment Period Ending Date

First Citizens BancShares, Inc.,
Raleigh, North Carolina, to merge
with Old White Bankshares, Inc.
,
White Sulphur Springs, West Virginia.*

2-24-95

F & M National Corporation, Winchester,
Virginia, to acquire Bank of the Potomac,
Inc., Herndon, Virginia.* *
*

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Bank of Floyd, Floyd, Virginia,
for membership in the Federal
Reserve System.

*Application is subject to CRA requirements.



Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending February 3, 1995

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

None.




Ratine

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 2, 1994
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Barnett Bank of Volusia County
12-24-94*
DeLand, Florida
To establish a branch located at the Southeast Corner of Palm Coast
Parkway and Belle Terre Parkway, Palm Coast, Florida, to be known
as Belle Terre Office.
SouthTrust Bank of West Florida
Not yet available*
St. Petersburg, Florida
To merge with the Tampa and New Port Richey offices of Anchor
Savings Bank, FSB, Hewlett, New York, pursuant to Section 18(c) of
the Federal Deposit Insurance Act.
SouthTrust Bank of West Florida
01-01-95*
St. Petersburg, Florida
To acquire certain assets and assume certain liabilities of the
Tampa and New Port Richey branches of Anchor Savings Bank, FSB,
Hewlett, New York, pursuant to Section 5(d) (3) of the Federal
Deposit Insurance Act, as amended by the Federal Deposit Insurance
Corporation Improvement Act of 1991.
Section 2 - Applications Subiect to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

A. Wilbert's Sons Lumber & Shingle Company
Not Yet Available*
P1aquemine, Louisiana
For its subsidiary, Iberville Trust and Savings Bank, Plaquemine,
Louisiana,
to merge with Bayoulands Financial Corporation,
Plattenville, Louisiana, and thereby directly acquire Bayoulands
Bank, Plattenville, Louisiana, pursuant to Section 3(a)(5) of the
Bank Holding Company Act. Bayoulands Bank will immediately merge
into Iberville Trust and Savings Bank.
Synovus Financial Corp.
Not yet available*
Columbus, Georgia
Along with TB&C Bancshares, Inc., Columbus, Georgia, to merge with
NBSC Corporation, Columbia, South Carolina, and thereby directly
acquire The National Bank of South Carolina, Columbia, South
Carolina, pursuant to Section 3(a)(5) of the Bank Holding Company
Act .

*Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 2. 1994
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Synovus Financial Corp.
Columbus, Georgia

Comment Period Ending Date
Not yet available*

Along with TB&C Bancshares, Inc., Columbus, Georgia, to acquire
Sumbank Life Insurance Company, Columbia, South Carolina, pursuant
to Section 225.25(b) (8) (ii) of Regulation Y and Section 4(c) (8) of
the Bank Holding Company Act.
Section 3 - Applications Subnect to Federal Register Only
Application

Comment Period Ending Date

None.


*Subject


to provisions of the Community Reinvestment Act.

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 2. 1994
Section 4 - Applications Not SubHect to
Federal Register Notice or Newspaper Notice
Application
None.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending December 2. 1994
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week.
Information
about an institution's CRA evaluation may be obtained directly
from the institution.
In connection with the assessment of an
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

Examination
Bank
None.




Rating

Date

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

Type

Application

Merger/Branch

Old Kent Bank
N - 2-6-95
Elmhurst, Illinois
Edgewood Bank
Countryside, Illinois & to establish
branches at 1023 West 55th Street,
Countryside, Illinois and 7515 Jones Avenue
Woodridge, Illinois

Member

Central National Bank of Howard County
Russiaville, Indiana
to become a member of the Federal Reserve
System

N - 2-8-95

Branch

Comerica Bank
Detroit, Michigan
5700 Beckley Road
Battle Creek, Michigan

N - 2-4-95

Branch

Comerica Bank
Detroit, Michigan
294 Highland Avenue
Battle Creek, Michigan

N - 2-4-95

Membership

M&I Mid-State Bank National Association
Stevens Point, Wisconsin
to become a member of the Federal Reserve
System

N - **

Membership

M&I Bank of Shawano, National Association
Shawano, Wisconsin
to become a member of the Federal Reserve
System

N - **

Membership

M&I First American National Bank
Wausau, Wisconsin
to become a member of the Federal Reserve
System

N - **

Membership

M&I Central Bank & Trust
Marshfield, Wisconsin
to become a member of the Federal Reserve
System

N - **




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

Type

Application

Merger/Branch

Firstar Bank Illinois
N - **
Naperville, Illinois
All American Bank
Chicago, Illinois
Colonial Bank
Chicago, Illinois
Community Bank & Trust Company of Edgewater
Chicago, Illinois
Michigan Avenue National Bank
Chicago, Illinois
First Colonial Bank Southwest
Burbank, Illinois
First Colonial Bank of McHenry County
Crystal Lake, Illinois
First Colonial Bank of Downers Grove
Downers Grove, Illinois
York State Bank
Elmhurst, Illinois
Fox Lake State Bank
Fox Lake, Illinois
First Colonial Bank/Highwood
Highwood, Illinois
First Colonial Bank/Mundelein
Mundelein, Illinois
First Colonial Bank of DuPage County
Naperville, Illinois
First Colonial Bank/Northlake
Northlake, Illinois
Avenue Bank of Oak Park
Oak Park, Illinois
First Colonial Bank/Rosemont
Rosemont, Illinois
First Colonial Bank of Lake County
Vernon Hills, Illinois
First Colonial Bank Northwest
Niles, Illinois
and to establish 30 branches

Merger/Branch

Shelby County State Bank
Shelbyville, Illinois
Strasburg State Bank
Strasburg, Illinois
& to establish a branch at the corner
of Commercial and Chestnut Street,
Strasburg, Illinois




N - 1-30-95

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

lypg

Application

Y-l

B J Morgan Bancshares, Inc.
Morgantown, Indiana
First State Bank
Morgantown, Indiana*

FR - 1-9-95
NP - 2-6-95

Y-2

National Bancorp, Inc.
Streamwood, Illinois
Northwest Community Bank
Project Heights, Illinois*

FR - 2-6-95
NP - 1-18-95

Y-2

First Michigan Bank Corporation
Holland, Michigan
Superior Financial Corporation
Sault Sainte Marie, Michigan
Sault Bank
Sault Sainte Marie, Michigan*

FR - 2-6-95
NP - 1-28-95

Y-l

West Plains Investors, Inc.
Pleasant Plains, Illinois
Pleasant Plains State Bank
Pleasant Plains, Illinois*

FR - 2-6-95
NP - 2-13-95

Y-l

First State Bancorp of Monticello, Inc.
Employee Stock Ownership Plan
Monticello, Illinois
First State Bancorp of Monticello, Inc.
Monticello, Illinois
Atwood State Bank
Atwood, Illinois
First State Bank of Bloomington
Bloomington, Illinois
First State Bank of Heyworth
Heyworth, Illinois
First State Bank Monticello
Hammond, Illinois*

FR - 1-6-95
NP - 2-8-95

Y-l

First Mutual Bancorp, Inc.
Decatur, Illinois
First Mutual Bank, S.B.
Decatur, Illinois*

FR - 2-3-95
NP - **

Y-l

First National Independent Bancorp, Inc.
LaGrange, Illinois
F.N.B.C. of LaGrange, Inc.
LaGrange, Illinois
Wesco Investment Corporations
LaGrange, Illinois*

FR
NP




11-21-94
2-27-95

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

Albert City Bankshares, Inc.
Albert City, Iowa
Citizens State Bank
Marathon, Iowa*

FR - 2-6-95
NP - 2-3-95

Y-2

Ida Grove Bancshares, Inc.
Ida Grove, Iowa
American National Bank
Ida Grove, Iowa*

FR - 2-13-95
NP - 1-29-95

Y-2

Goodenow Bancorporation
Okoboji, Iowa
Jackson Bancorporation, Inc.
Fairmont, Minnesota
Bank Midwest, Minnesota Iowa, N.A.
Fairmont, Minnesota*

FR - 2-16-95
NP - **

Y-l

American Community Bankshares, Inc.
Wausau, Wisconsin
American Community Bank
Wausau, Wisconsin (in organization)*

FR - 2-17-95
NP - 2-13-95

Y-2

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Citizens Bancorp of Delavan, Inc.
Delavan, Wisconsin
Citizens Bank of Delavan
Delavan, Wisconsin
Sharon State Bank
Sharon, Wisconsin*

FR - 3-3-95
NP - **

CoC-HC

Waterford Bancshares, Inc.
Waterford, Wisconsin
by Gerald F. Fitzgerald, Jr.

FR - 2-15-95
NP - **

Y-2

Amcore Financial, Inc.
Rockford, Illinois

FR - **
NP - 3-2-95




NBM Bancorp, Inc.
Mendota, Illinois
First National Bank in Peru
Peru, Illinois
National Bank of Mendota
Mendota, Illinois*

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

Continued
Typ e

Y-2

Y-2




Application
Firstar Corporation
Milwaukee, Wisconsin
Firstar Credit Card Bank, N.A.
Gurnee, Illinois (in organization)*
Firstar Corporation of Wisconsin
Milwaukee, Wisconsin
Firstar Credit Card Bank, N.A.
Gurnee, Illinois (in organization)*

FR - **
NP - **

FR - **
NP - **

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

-Type

Application

4(c) ( )
8

Country Bank Shares Corporation
Mount Horeb, Wisconsin
to engage
novo in providing to others
data processing & data transmission
services

FR - 2-7-95

4(c) ( )
8

First of America Bank Corporation
Kalamazoo, Michigan
to engage d£ novo in high residual value
leasing

FR - 2-8-95

4(c) ( )
8

Lakeview Financial Corp
Lakeview, Michigan
Lakeview Mortgage Corporation
Lansing, Michigan
to engage < £ novo in making and
i
servicing of loans

FR - 2-9-95

4(c) (8)

National Bancorp, Inc.
Melrose Park, Illinois
National Bancorp Data Systems, Inc.
Melrose Park, Illinois
to provide data processing services to
their subsidiaries

FR - 2-10-95

4(c) (8)

First Chicago Corporation
Chicago, Illinois
First Chicago Capital Markets, Inc.
Chicago, Illinois

FR - 2-21-95

4(c) (8)

Whitewater Bancorp, Inc.
Whitewater, Wisconsin
to purchase loan participations and make
direct loans

FR - 2-22-95




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

Type

Application

RoS

Trimpe's Inc.
Lisbon, Iowa
to redeem 2,333 shares of stock from Karen Trimpe

N
FR
*
**

-

Newspaper
Federal Register
Subject to Provisions of Community Reinvestment Act
Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA. The 3O-day business day period
the bank has to make the evaluation public has lapsed during the week ending
February 03, 1995.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of
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.
3N-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 NAME/LOCATION

EXAMINATION DATE

RATINGS

-DeMctte State Bank
210 South Halleck Street
DeMotte, Indiana
46310-9502
(219) 987-4141

10/17/94

S

-Iowa State Bank & Trust Company
Broadway and Court
Fairfield, Iowa
52556
(515) 472-3161

10/24/94

S




Federal Reserve Bank of St. Louis

FOR THE WEEK ENDING FEBRUARY 3, 1995

Application

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

None.

Application

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

♦Section 3(a)(3) application by National City
Bancshares, Inc., Evansville, Indiana, to
acquire White County Bank, Carmi, Illinois.

Newspaper:

3/3/95

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period

Section 4(c)(8) notification by Carlinville
National Bank Shares, Inc., Carlinville, Illinois,
to engage in community development activities
through investment in Macoupin County Community
Development Corporation, Carlinville, Illinois.

2/21/95

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
None.

♦This Application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification of Ratings:
Outstanding record of 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 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
A n institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs
of its entire delineated community, including lo w - and moderate- income neighborhoods, in a manner
consistent with its resources and capabilities.

Needs to improve record of meeting community credit needs
A n 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
A n institution in this group has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low - and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




February 3, 1995

Bank Address

Examination
Date

Examination
Rating

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

Application
NONE.

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

Comment Period
Ending Date__

Application
James A. Redding and Mary Gene Clark,
to acquire 74Z of the voting shares of
Windom State Investment Company,
Windom, MN*

February 15, 1995
(Federal Register)

Susan and Roger Berglund, Albert and
Lorraine Bowman, Gwenn Jones, Wendy
Jorgenson, Bruce Bowman and Dakota
Western Bank Profit Sharing Plan, to
acquire 100Z of the voting shares of
Dakota Western Bahkshares, Inc.,
Bowman, ND*

Not yet available

Otto Bremer Foundation and Bremer
Financial Corporation, both of
St. Paul, MN, to acquire 1002 of
the voting shares of Morris State
Bancorporation, Inc., Morris, MN*

March 6, 1995
(Federal Register)

♦Subject to CRA
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject

to refer#! Register Notts? Only
Comment Period
Application
Norwest Corporation, Minneapolis, MN,
to engage in trust company activities
Stan-Shaw Corporation, Anaheim Hill,
CA




E d n Pt
n i g «v
February 13, 1995

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

Application
Norwest Corporation, Minneapolis, MN,
to engage in insurance agency activities
through the acquisition of Directors
Insurance Service, Riverside, CA

February 13, 1995

Norwest Corporation, Minneapolis, MN,
to engage in mortgage origination and
servicing and savings association
activities, through the acquisition of
Directors Mortgage Loan Corporation,
Riverside, CA

February 13, 1995

Norwest Corporation, Minneapolis, MN,
to engage in making and servicing
loans through the acquisition of
the mortgage business of First
National Bank of Kerrville,
Kerrville, TX

February 23, 1995

Norwest Corporation, Minneapolis, MN,
to engage in securities brokerage
activities through the acquisition
of the securities brokerage business
of Texas National Bank, Midland, TX

February 23, 1995

Norwest Corporation, Minneapolis, MN
to engage in making and servicing
loans through the acquisition of
the mortgage business of Community
State Bank of Alexandria, Alexandria, MN

February 23, 1995

Norwest Corporation, Minneapolis, MN,
to engage in making and servicing loans
through the acquisition of the mortgage
business of Goldenbank, N.A., Golden, CO

February 23, 1995

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
NONE.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending February 3, 1995

ASSIGNMENT QE RATING
I^.entIfIcaJEjon.of E atings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
BANK(S) EXAMINED

DATE OF EXAMINATION

CRA RATING

State Bank of Allester
Post Office Box 168
Alcester, SD 57001-0168
(605) 934-2500

October 31, 1994

Outstanding

Bank of Lemmon
Post Office Box 359
Lemmon, SD 57638-0359
(605) 374-3853

November 14, 1994

Satisfactory




Federal Reserve Bank of Kansas City

SECTION 1 - APPLICATIONS SUB I E C H O NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

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

COMMENT PERIOD ENDING DATE

American State Bank ESOP, Broken Bow,
Oklahoma, for prior approval to become a bank
holding company through the acquisition of 37.04
percent of the voting shares of American State
Bancshares, Inc., Broken Bow, Oklahoma.*

Not Available

Overland Bancorp, Inc., Belton, Missouri, for prior
approval to become a bank holding company
through the acquisition of 80 percent of the voting
shares of The Bank of Belton, Belton, Missouri.*

Not Available

Carl L. Frickey, Revocable Trust dated April 10,
1991, Charles L. Frickey, Revocable Trust dated
June 22, 1993, and R.D. Jones Trust #1, all of
Oberlin, Kansas, to increase their ownership
interest from 45.49 percent to 66.53 percent, in
Farmers Baricshares of Oberlin, Inc., Oberlin,
Kansas.*

Not Available

SECTION ill - APPLICATIONS SUBIECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

HNB Corporation, Arkansas City, Kansas, for prior
approval to establish a subsidiary corporation to
open a consumer finance company in Arkansas
City, Kansas.*

Not Available

Bolder Bancorporation, Boulder, Colorado, for
prior approval to engage in permissible nonbanking
activities.*

Not Available




Federal Reserve Bank of Kansas City

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




Federal Reserve Bank of Kansas City

Bank/Location

Exam Date

CRA Public
Date

Citizens Bank of Edmond
P.O. Box 30
Edmond, Oklahoma 73083-0030

10-24-94

01-30-95

Satisfactory

Bank of Love County
P.O. Box 10
Marietta, Oklahoma 73448-0010

10-24-94

01-30-95

Satisfactory

Pitkin County Bank & Trust
P.O. Box 3677
Aspen, Colorado 81612

10-24-94

01-31-95

Outstanding

Western Bank of Cody
P.O. Box 218
Cody, Wyoming 82414-0218

10-24-94

01-31-95

Satisfactory

* Application is subject to CRA.




CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JANUARY 30, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY

APPLICATION

NOTICE EXP

♦Section 9 application received from
Bank of Houston, Houston, TX, to establish a branch at
8002 Kirby, Houston, TX 77054

95/02/25

The following was incorrectly reported during the week of January 16, 1995:

♦Section 18(c) application received from
Minden Bank & Trust Company, Minden, LA, to merge with
Hibernia National Bank, Shrevepor*t, LA

95/02/13

It should have read as follows:
♦Section 18(c) application received from
Minden Bank & Trust Company, Minden, LA, to acquire certain
assets and assume certain liabilities of 3 branches of
Hibernia National Bank, New Orleans, LA

95/02/13.

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

APPLICATION

** NOTICE EXP

♦Section 3(a)(1) application by
T&A Bancshares, Inc., Inc., Texarkana, TX, to acquire
New Boston Bancshares, Inc., New Boston, TX, and The
First National Bank of New Boston, New Boston, TX

N/A

♦Section 3(a)(3) application by
Gulf Southwest Bancorp, Inc., Houston, TX, to acquire
Texas Gulf Coast Bancorp, Inc., Houston, TX; First Bank
Mainland, LaMarque, TX; First Bank Pearland, Pearland,
TX; and Texas City Bank, Texas City, TX

N/A

♦Section 3(a)(3) application by
Gulf Southwest Nevada Bancorp, Inc., Reno, NV, to acquire
Texas Gulf Coast Bancorp, Inc., Houston, TX; First Bank
Mainland, LaMarque, TX; First Bank Pearland, Pearland,
TX; and Texas City Bank, Texas City, TX

N/A




♦Section 3(a)(1) application by
CRB Financial Corp., San Antonio, TX, to acquire
Camino Real Delaware, Inc., Wilmington, DE; Camino Real
Bancshares, Inc., San Antonio, TX; and Camino Real Bank,
N.A., Eagle Pass, TX

N/A

♦Section 3(a)(1) application by
First Commercial Financial Corp., Seguin, TX, to acquire
First Commercial Bank, N.A., Seguin, TX

94/12/21

♦Section 3(a)(5) application by
Cullen/Frost Bankers, Inc., San Antonio, TX, to
acquire by merger Valley Bancshares, Inc., McAllen, TX
(Previously reported during the week of 1-16-95)
♦Section 3(a)(1) application by
Peoples Bancorp, Inc., Plano, TX, to acquire
Peoples Bancorp of Delaware, Inc., Dover, DE, and
Plano Bank & Trust, Plano, TX
(Previously reported during the week of 12-26-94)
♦Section 3(a)(1) application by
Peoples Bancorp of Delaware, Inc., Dover, DE, to
acquire Plano Bank & Trust, Plano, TX
(Previously reported during the week of 12-26-94)
Change in Control Notice by
Frank Moore Carter, Miami, TX; Phebe Carter Hethcock,
Sewanee, TN; and Patrick Casey Carter, Pampa, TX, to
acquire an interest in Miami Bancshares, Inc., Miami, TX
(Previously reported during the week of 1-23-95)

95/02/16

95/01/24

95/01/24

95/02/16

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
Central Louisiana Capital Corporation, Vidalia, LA,
to engage in selling finance company credit property
insurance, including credit-life, accident and health
insurance, property insurance, non filing fee insurance
and vendor’s single interest policy insurance, through a
subsidiary known as Community Credit Centers, Inc., Lake
Providence, LA

95/02/23




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 2/03/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Cascade Bancorp, Inc., Auburn, California, to
become a bank holding company through the
acquisition of Cascade Community Bank, Auburn,
California. *

Newspaper:

2/17/95

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

 Subject
*


to CRA.

FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)

Week Ending 2/03/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending February 3, 1995. Information about a particular institution's CRA evaluation may be
obtained directly from the institution.
Institution

Location

Enterprise Bank

11225 S.E. 6th
Bellevue, WA 98004-6441
(206) 454-7070

10/17/94

Satisfactory

Valley Community Bank

723 North Baker
10/24/94
McMinnville, OR 97128-4926
(503) 472-0534

Satisfactory

Examination Date

Rating*

♦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.




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