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ANNOUNCEMENT
BOA R D OF G O V ERNORS
OF THE
F E D E R A L R E S E R V E S Y STEM

H . 2, 1994, No. 1
A ctions of the Board, its Staff, and
the Federal R e s e r v e Banks;
A p p l i c a t i o n s and R e ports Received
During the W e e k Endi n g J a n u a r y 1, 1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ADVISORY COUNCILS
Consumer Advisory Council -- appointment of seven new
members and designation of Jean Pogge as Chairman
and James West as Vice Chairman for 1994.
Approved, December 28, 1993.
BANK HOLDING COMPANIES
Colonial BancGroup, Inc., Montgomery, Alabama
request for reconsideration _of Board’s approval of
application to acquire Colonial Bank of Tennessee,
Ardmore, Tennessee, First AmFed Corporation,
Huntsville, Alabama, and First American Federal
Savings and Loan Association.
Denied, December 27, 1993.
INTERNATIONAL OPERATIONS
Morgan Guaranty International Finance Corporation,
New York, New York - -to invest in J.P. Morgan
Securities Limited, London, England.
Permitted, December 27, 1993.

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

Family Bank of Hallandale, Hallandale, Florida --to
establish a branch office to be known as the Silver
Lakes office at the northeast corner of the
intersection of Pines Boulevard and N.W. 184th
Avenue, Pembroke Pines, Florida.
Approved, December 28, 1993.

St. Louis

First Bank of Arkansas, Trumann, Arkansas --to
establish a branch at 405 North Illinois,
Harrisburg, Arkansas.
Approved, December 27, 1993.

Richmond

George Mason Bank, Fairfax, Virginia - - t o establish
a branch at 13060 Fair Lakes Boulevard.
Approved, December 27, 1993.




H.2
DECEMBER 27, 1993
PAGE 2

TO

DECEMBER 31, 1993

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

BANK BRANCHES. DOMESTIC
Richmond

Mellon Bank (MD), Rockville, Maryland -- to
establish an electronic fund transfer facility
at 2506 Solomons Island Road, Annapolis, Maryland.
Approved, December 29, 1993.

Philadelphia

Meridian Bank, Reading, Pennsylvania --to establish
a branch in the Scot*s Low Cost Store, 801
Loyalsock Avenue, Montoursville, Pennsylvania.
Approved, December 27, 1993.

Richmond

Signet Bank / Maryland, Baltimore, Maryland --to
establish an electronic funds transfer facility at
the Chesapeake House, Interstate 95, North East,
Maryland.
Approved, December 31, 1993.

Richmond

Triangle Bank and Trust Company, Raleigh, North
Carolina -- to establish a branch at 101 Advent
Court, Cary, North Carolina.
Approved, December 27, 1993.

BANK HOLDING COMPANIES




Secretary

Bank South Corporation, Atlanta, Georgia; Barnett
Banks, Inc., Jacksonville, Florida; BB&T Financial
Corporation, Wilson, North Carolina; First Citizens
Bancshares, Inc., Raleigh, North Carolina; First
Union Corporation, Charlotte, North Carolina;
Southern National Corporation, Lumberton, North
Carolina; NationsBank Corporation, Charlotte, North
Carolina; SunTrust Banks, Atlanta, Georgia; Synovus
Financial Corp., Columbus, Georgia; TB&C
Bancshares; and Wachovia Corporation, WinstonSalem, North Carolina - - t o acquire certain assets
of South Carolina National Bank, Charleston, South
Carolina, and engage in data processing and
management consulting activities through Southeast
Switch Inc., Maitland, Florida.
Approved, December 30, 1993.

Cleveland

Citizens Bancshares, Inc., Salineville, Ohio -- to
acquire The Firestone Bank, Lisbon, Ohio.
Approved, December 30, 1993.

H.2
DECEMBER 27, 1993
PAGE 3

TO

DECEMBER 31, 1993

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

BANK HOLDING COMPANIES




Richmond

City Holding Company, Charleston, West Virginia -- to
engage de novo in lending activities, real estate
appraisals, and offering credit related insurance
as agent or broker.
Approved, December 29, 1993.

Dallas

Coastal Bancshares, Inc., Pearland, Texas -- to
acquire Pearland State Bank.
Approved, December 29, 1993.

Dallas

Coastal Bancshares, Inc., Pearland, Texas --to
acquire Gulf Coast Bancshares, Inc., Alvin, Texas,
and The First National Bank.
Approved, December 29, 1993.

Minneapolis

Dakota Bancshares, Inc., Mendota Heights, Minnesota - to acquire Dakota County Bancshares, Inc.
Approved, December 28, 1993.

Chicago

East Side Financial, Inc., Chicago, Illinois -- to
acquire East Side Savings Bank.
Approved, December 31, 1993.

Kansas City

Flint Hills Bancshares, Inc., Gridley, Kansas -- to
acquire The Citizens State Bank.
Approved, December 31, 1993.

Dallas

Intercontinental Bank Shares Corporation, San
Antonio, Texas - -to acquire Garden Ridge State
Bank.
Approved, December 30, 1993.

Chicago

Leroy C. Darby, Inc. Employee Stock Ownership Plan,
Monona, Iowa - - t o acquire Leroy C. Darby, Inc.,
and Union State Bank.
Approved, December 30, 1993.

St. Louis

Market Street Bancshares, Inc., McLeansboro, Illinois
- - t o acquire Wayne County Bank and Trust Company,
Fairfield, Illinois.
Approved, December 30, 1993.

H.2
DECEMBER 27, 1993
PAGE 9

TO

DECEMBER 31, 1993

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

BANK HOLDING COMPANIES
Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan --t o engage in certain community
development activities by becoming a limited
partner in Grand Rapids Hope Limited Partnership
II.
Approved, December 29, 1993.

Chicago

Quad City Holdings, Inc., Bettendorf, Iowa -notification of intent to engage de novo in lending
activities.
Returned, December 29, 1993.

Minneapolis

St. Paul Bancshares, Inc., Phalen, Minnesota -- to
acquire Dakota Bancshares, Mendota Heights,
Minnesota.
Approved, December 28, 1993.

Minneapolis

Security Richland Bancorporation, Miles City, Montana
-- to engage de novo in providing investment or
financial advice.
Permitted, December 29, 1993.

Sam Francisco

Tokai Bank, Limited, Nagoya, Japan - - t o engage de
novo in providing investment advice through Tokai
Securities, Inc., New York, New York.
Withdrawn, December 30, 1993.

Minneapolis

Zappco, Inc., St. Cloud, Minnesota --to engage de
novo in management consulting activities.
Permitted, December 31, 1993.

BANK PREMISES




Minneapolis

Dakota County State, Mendota Heights, Minnesota -investment in bank premises.
Approved, December 28, 1993.

Atlanta

Family Bank of Hallandale, Hallandale, Florida -investment in bank premises.
Approved, December 28, 1993.

Chicago

Tri-County Bank, Brown City, Michigan -- investment
in bank premises.
Approved, December 29, 1993.

H.2
DECEMBER 27, 1993
PAGE 5

TO

DECEMBER 31, 1993

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

CAPITAL STOCK
Minneapolis

Culbertson State Bank, Culbertson, Montana -redemption of shares.
Approved, December 27, 1993.

Kansas City

FNB Insurance Agency, Inc., Walthill, Nebraska -redemption of shares.
Approved, December 29, 1993.

Minneapolis

St. Paul Bancshares, Inc,, Phalen Park, Minnesota
redemption of shares.
Approved, December 28, 1993.

Kansas City

Sherman County Management, Inc., Loup City,
Nebraska -- redemption of shares.
Approved, December 28, 1993.

CHANGE IN BANK CONTROL
Minneapolis

Beulah Bancorporation, Inc., Sioux Falls, South
Dakota -- change in bank control.
Permitted, December 31, 1993.

Kansas City

FNB Insurance Agency, Inc., Walthill, Nebraska -change in bank control.
Permitted, December 29, 1993.

Dallas

Follett Bancshares, Inc., Follett, Texas -- change in
bank control.
Permitted, December 29, 1993.
^

Kansas City

Sherman County Management, Inc., Loup City,
Nebraska -- change in bank control.
Permitted, December 28, 1993.

Dallas

Union Texas Bancorporation, Inc., Laredo, Texas
change in bank control.
Permitted, December 31, 1993.

COMPETITIVE FACTORS REPORTS




Kansas city

Bank of Kremlin, Kremlin, Oklahoma, proposed merger
with First State Bank of Goltry, Goltry, Oklahoma - report on competitive factors.
Submitted, December 31, 1993.

H.2
DECEMBER 27, 1993
PAGE 6

TO

DECEMBER 31, 1993

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

COMPETITIVE FACTORS REPORTS




Minneapolis

BankWest, Inc., Pierre, South Dakota, proposed
purchase of the assets and assumption of the
liabilities of the Gregory, South Dakota, branch of
Norwest Bank South Dakota, N.A., Sioux Falls, South
Dakota -- report on competitive factors.
Submitted, December 27, 1993.

New York

Bath National Bank, Bath, New York, proposed merger
with Atlanta National Bank, Atlanta, New York -report on competitive factors.
Submitted, December 31, 1993.

Philadelphia

Carnegie Bank, N.A., Princeton, New Jersey, proposed
merger with C.B. Interim National Bank -- report on
competitive factors.
Submitted, December 29, 1993.

Richmond

CENIT Bank, FSB, Norfolk, Virginia, proposed merger
with Homestead Savings Bank, FSB, Portsmouth,
Virginia -- report on competitive factors.
Submitted, December 27, 1993.

Kansas City

Commercial Federal Bank, A.F.S.B., Omaha, Nebraska,
proposed merger with Home Federal Savings and Loan
Association of Ada, Ada, Oklahoma -- report on
competitive factors.
Submitted, December 31, 1993.

Philadelphia

Farmers* & Merchants Savings Bank, FSB, Burlington,
New Jersey, proposed purchase of the Willingboro
branch of Anchor Savings Bank, FSB, Hewlett, New
York -- report on competitive factors.
Submitted, December 29, 1993.

Dallas

First State Bank of Odem, Odem, Texas, proposed
merger with Interim Odem Bank -- report on
competitive factors.
Submitted, December 30, 1993.

Kansas City

First United Bank and Trust Company, Holdenville,
Oklahoma, proposed merger with Republic Bank of
Tecumseh, Tecumseh, Oklahoma -- report on
competitive factors.
Submitted, December 31, 1993.

H.2
DECEMBER 27, 1993
PAGE 7

TO

DECEMBER 31, 1993

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

COMPETITIVE FACTORS REPORTS
Atlanta

National Bank of Commerce of Birmingham, Birmingham,
Alabama, proposed merger with First American Bank
of Pelham, Pelham, Alabama -- report on competitive
factors.
Submitted, December 28, 1993.

EXTENSIONS OF TIME
Atlanta

Aliant National Corporation, Alexander City,
Alabama -- extension to April 2, 1994, to engage
de novo in securities brokerage and investment
advisory activities through Aliant Financial
Services Corporation.
Granted, December 28, 1993.

Chicago

Old Kent Bank and Trust Company, Grand Rapids,
Michigan -- extension to August 16, 1994, to
establish a branch at 6210 Kalamazoo Avenue,
Kentwood, Michigan.
Granted, December 28, 1993.

Chicago

Old Kent Bank and Trust Company, Grand Rapids,
Michigan -- extension to August 16, 1994, to invest
in bank premises.
Granted, December 28, 1993.

San Francisco

Bank of Fresno, Fresno, California - - t o become a
member of the Federal Reserve System.
Approved, December 28, 1993.

San Francisco

Merced Bank of Commerce, N.A., Merced, California -to retain membership in the Federal Reserve System
after conversion to a state charter from a national
charter.
Approved, December 28, 1993.

MEMBERSHIP




H.2
DECEMBER 27, 1993
PAGE 8

TO

DECEMBER 31, 1993

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

RESERVE BANK OPERATIONS




Director, FRBO

Federal Reserve Bank of Atlanta -- increase in cost
for prepaid software to upgrade check processing
system.
Approved, December 30, 1993.

H.2
DECEMBER 27, 1993
PAGE 9

ADDITIONS AND CORRECTIONS
TO

DECEMBER 31, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES




Regulation J -- amendments to subpart A governing
collection of checks and other items by Federal
Reserve Banks, conforming warranties and other
provisions to recent amendments to Regulation CC
(Docket R-0821).
Proposed, December 10, 1993.

FEDERAL RESERVE B A N K OF BOSTON A P P LICATIONS

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

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

Application

Comment Period Ending Date
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

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

NONE

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

Examination Date

Rating*

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




Federal Reserve Bank o f New York

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
The Industrial and Commercial Bank, Beijing, People's
Republic of China, to establish a branch in New York,
New York.

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

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

SECTION IV
Applications Not Involving
_____ Public Comment______
None.




N/A

SECTION V

Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending January 1, 1994
NAME OF BANK

RATING

EXAMINATION DATE

None.

\UJ Ito

1/
/
/

4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Comment Period Ending Date
None.

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

Carnegie Bancorp. Princeton, NJ, to form a bank holding company by acquiring 100% of
Carnegie Bank, Princeton, NJ, pursuant to Section 3(a)(1) of the Bank Holding Company
Act.
Newspaper comment period expires:
Fed. Register comment period expires:

1/22/94
N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

None.

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

None.

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




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V ~ AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending December 31, 1993

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

institution's

CRA

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




Examination Date

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For W e e k E n d i n g J a n u a r y 1, 1994

SE C T I O N I - A P P L I C A T I O N S S U BJECT TO N E W S P A P E R
NOTI C E ONLY

None

S E C T I O N II - A P P L I C A T I O N S SUBJECT TO B OTH
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

Received Section 4 ( c ) (8) application from
*Not yet known #
Mellon Bank Corporation, Pittsburgh,
Pennsylvania, on January 3, 1994, to acquire
Dreyfus Security Savings Bank, FSB, Paramus,
New Jersey, and Dreyfus Trust Company, Uniondale,
New Yo r k .
Received Section 3( a ) (1) application from
Bridgeville Financial Corp, Bridgeville,
Pennsylvania, on December 23, 1993, to acquire
Bridgeville, Pennsylvania.

S E C T I O N III

* January 22, 1994

- A P P L I C A T I O N S SUBJECT TO F EDERAL R E G I S T E R
N O T I C E ONL Y

None

SE C T I O N IV - A P P L I C A T I O N S N O T S UBJECT TO FEDERAL R E G I S T E R NO T I C E
OR N E W S P A P E R N O T I C E

None

*
N
F
#

-

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
( D e c e m b e r 31, 1993)

The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act. A public evaluation document became available
from the bank(s) listed below during the week ended December 31,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.




NONE

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

Comment Period Ending Date

First Union Corporation, Charlotte,
North Carolina, to have its subsidiary,
First Union National Bank of North
Carolina, Charlotte, North Carolina,
merge with American Commercial Savings
Bank, Inc., SSB, Monroe, North Carolina.*

1-21-94

Crestar Financial Corporation, Richmond,
Virginia, to have its subsidiary, Crestar
Bank MD, Bethesda, Maryland, merge with
Annapolis Federal Savings Bank, Annapolis,
Maryland.*

1-30-94

Crestar Bank MD, Bethesda, Maryland, to
merge with Annapolis Federal Savings Bank,
Annapolis, Maryland.*

1-30-94

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

Comment Period Ending Date

Crestar Financial Corporation, Richmond,
Virginia, to acquire Annapolis Bancorp,
Inc., Annapolis, Maryland.*

1-30-94

Triangle Bancorp, Inc., Raleigh, North
Carolina, to acquire 100% of the voting
shares of Roanoke Valley Savings Bank,
Inc. SSB, Roanoke, Rapids, North
,
Carolina.*

1-31-94

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
Application
None.

*Application is subject to CRA requirements.




Comment Period Ending Date

Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending December 31, 1993

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

Examination
Date____

Consolidated Bank and Trust Company
320 North First Street
Richmond, Virginia 23219




10-12-93

Rating

Satisfactory

Applications

F e d e r a l R e s e r v e B a n k of A t l a n t a
B u lletin for Week E nding D e c ember

31.

1993

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

1st United Bank
Boca Raton, Florida
To merge with Suburban Bank, Lake Worth,
Florida, pursuant to Section 1 8 (c) of the
Federal Deposit Insurance A c t .

Not yet available*

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
1st United Bancorp
Boca Raton, Florida
To acquire Suburban Bank, Lake Worth,
Florida, pursuant to Section 3 ( a ) (3) of
the Bank Holding Company A c t .

Comment Period Ending Date
Not yet available*

Bank Corporation of Georgia
Not yet available*
Macon, Georgia
For prior approval to retain 49.7 percent
of AmeriCorp, Inc., Savannah, Georgia,
pursuant to Section 3( a ) (3) of the Bank Holding
Company A c t . The shares were acquired via
foreclosure on debts previously contracted.
Pro forma ownership will equal 67.0 percent.
Commerce Corporation
Not yet available*
St. Francisville, Louisiana
Change in control notice by Mr. Jimmy H.
Whittington and Mrs. Betty R. Whittington to
acquire an additional 23.18 percent of the
outstanding shares of common stock of Commerce
Corporation, St. Francisville, Louisiana.
Total ownership will equal 33.49 percent.

♦Subject to provisions of the Community Reinvestment Act.




F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n f o r W e e k E n d i n g D e c e m b e r 31.

1993

Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

First National Sylacauga Corporation
Sy1acauga, Alabama
To engage de n o v o in making,
acquiring, or servicing loans or other
extensions of credit through Frontier
Financial Services, Inc., Sylacauga,
Alabama (in organization), pursuant to
Section 225.25(b)(1) of Regulation Y.

Not yet available

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Barnett Bank of Volusia County
DeLand, Florida
Request for increase in bank premises.




Applications

F e d e r a l R e s e r v e Bank of A t l a n t a
B u l l e t i n for We e k E n d i n g D e c e m b e r

31.

1993

Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating^ is assigned from the following groups:
record
of m e eting 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.

Outstanding

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.
Satisfactory

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.

Needs

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.
Substantial noncompliance

Examination
Bank
None.




Rating

Date

APPLICATION BULLETIN

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

CoC-HC

Wabeno Bancorporation, Inc.
Venice, Florida
Vex±e-Burgasorr~& JoAnn~Burgason -

FR - 12-29-93
N - 12-29-93

CoC-HC

Wabeno Bancorporation, Inc.
Venice, Florida
Connie Ryan Trust

FR - 12-29-93
N - 12-29-93

Y-l

Republic Bancorp Co.
Orland Park, Illinois
MAH Bancorp, Inc.
Orlando Park, Illinois
Republic Bank of Chicago
Chicago, Illinois
APL Financial, Inc.
Chicago, Illinois
First Cook Community Bank, FSB
Chicago, Illinois*

FR
1-6-94
N - 11-20-93

Y-2

Comerica California Incorporated
San Jose, California
Pacific Western Bancshares, Inc.
San Jose, California
Pacific Western Bank
San Jose, California*

FR - 11-29-93
N
1-4-94

Comerica Incorporated
Detroit, Michigan
Pacific Western Bancshares, Inc.
San Jose, California
Pacific Western Bank
San Jose, California*

FR - 11-29-93
N
1-4-94
(100%)

Y-2

Comerica Incorporated
Detroit, Michigan
Pacific Western Bancshares, Inc.
San Jose, California
Pacific Western Bank
San Jose, California*

FR - 11-29-93
N
1-4-94
(19.9%)

k;
i

Aoolication

t
o

Comment Period
Endina Date

Tvoe




F e d e r a l R e s e r v e Bank of C h i c a g o

Section II - Applications Subject to Both N e w s p a p e r and
Federal Register Notice

Continued
Comment Period
Endincr Date

Type

Application

Y-2

First Waukegan Corporation
Gurnee, Illinois
Security Chicago Corp.
Chicago, Illinois
First Security Bank of Chicago
Chicago, Illinois

FR - **

Y-2

First Waukegan Corporation
Gurnee, Illinois
First State Bancorp of Princeton,
Illinois, Inc.
Princeton, Illinois
First State Bank of Princeton
Princeton, Illinois
First State Bank of Ashton-Rochelle
Ashton, Illinois
First State Bank of Gridley
Gridley, Illinois*

FR - **
N - **




Federal Reserve B a n k of C h i c a g o

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

Continued
Comment Period
Ending Date

Type

Application

Y-2

Capitol Bancorp, Ltd.
Lansing, Michigan
Financial Center Corporation
Holland, Michigan
Paragon Bank
Holland, Michigan*

FR - **
N - 1-11-94

Y-2

Omnibank Corporation
River Rouge, Michigan
Indecorp, Inc.
Chicago, Illinois
Independence Bank of Chicago
Chicago, Illinois
Drexel Holding Company
Chicago, Illinois
Drexel National Bank
Chicago, Illinois*

FR - **
N - **

Y-2

Orangeville Bancorp, Inc.
Orangeville, Illinois
State Bank of Winslow
Winslow, Illinois*

FR - **
N - **

Y-l

Home Bancorp
Fort Wayne, Indiana
Home Loan Bank S>B>
Fort Wayne, Indiana*

FR - **
N - **

Y-2

Independent Bank Corporation
Ionia, Michigan
KSB Financial, Inc.
Kingston, Michigan
Kingston State Bank
Kingston, Michigan*

Y-2

Community Grain Co.
Coon Rapids, Iowa
Farmers National Bank
Bayard, Iowa*




FR - **
N - 1-28-94

FR - **
N - **

F e d e r a l R e s e r v e B a n k of C h i c a g o

Section III - Applications Subject to
Federal Register Notice Only

Comment Period
Ending Date

Type

Application

Y-4

Old Kent Financial Corporation
FR - 12-27-93
Grand Rapids, Michigan
CDC--Grand Rapids Hope Limited
Partnership II
Grand Rapids, Michigan--invest in low
income transitional housing project for
women and children

Y-4

Iowa National Bankshares Corp.
Waterloo, Iowa
MidAmerica Financial Corporation
Waterloo, Iowa
MidAmerica Savings Bank, FSB
Waterloo, Iowa

FR - 12-30-93
N - 12-26-93

4 (c) (8)

FBOP Corporation
Oak Park, Illinois
Engage de novo in the acquisition of
loans from its insured subsidiaries

FR - 12-30-93

Y-4

Republic Bancorp Co. (a Delaware
Corporation)
Orland Park, Illinois
APL Financial, Inc.
Chicago, Illinois
First Cook Community Bank, FSB
Chicago, Illinois

FR - 1-6-94

Y-4

Republic Bancorp Co. (an Illinois
Corporation)
Orland Park, Illinois
APL Financial, Inc.
Chicago, Illinois
First Cook Community Bank, FSB
Chicago, Illinois

FR - 1-6-94

4(c) (8)

Firstbank of Illinois Co.
Springfield, Illinois
Rowe, Henry & Deal, Inc.
Jacksonville, Illinois--engage in
securities brokerage services

FR - 1-10-94

Y-4

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

FR - **




Federal Reserve B a n k of C h i c a g o

Section III - Applications Subject to
Federal Register Notice Only

Comment Period
Ending Date

Type

Application

Y-4

First Chicago Corporation
Chicago, Illinois
Section 20--First Chicago Capital
Markets, Inc.
Chicago, Illinois--engage de novo
in the business of underwriting and
dealing in debt securities

FR - **

4 (c) (8)

Quad City Holdings, Inc.
Bettendorf, Iowa
Engage in lending activities

FR - **




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the
Federal Reserve Bank of Chicago for compliance with the CRA> The
30-business day period the bank has to make the evaluation public
has lapsed during the week ending December 31, 1993.
If you are
interested in obtaining a copy of the evaluation document, please
contact the bank(s) directly.
Identification of Ratings
0 - An institution in this group has an outstanding record of,
and
is a leader in, ascertaining and helping to meet the
credit
needs of its entire delineated community, including
low-and
moderate-income neighborhoods, in a manner
consistent with
its resources and capabilities.
S - An institution in this group has an satisfactory 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.
NI -

An institution in this group has an needs to improve
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.

SN -

An institution in this group has an substantially deficient
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.

BANK NAME/LOCATION
None.




EXAMINATION DATE

RATINGS

Federal Reserve Bank of St. Louis
FOR THE HEEK ENDING DECEMBER 31, 1993

Application

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

* Section 18(c) application by First Bank,
Creve Coeur, Missouri, to merge with
Heritage National Bank, St. Louis, Missouri.

Application

Newspaper:

1-31-94

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

* Section 3(a)(1) application by Independent
Southern Bancshares, Inc., Employee Stock
Ownership Trust, Brownsville, Tennessee,
to acquire Independent Southern Bancshares,
Inc., Brownsville, Tennessee.

Newspaper:

1-23-94

* Section 3(a)(3) application by First Banks, Inc.,
St. Louis, Missouri, to acquire Heritage National
Bank, St. Louis, Missouri.

Newspaper:

1-31-94

* Section 3(a)(3) application by Bren-Mar Properties,
Inc., Columbia, Missouri, to acquire Jack's Fork
Bancorporation, Inc., Columbia, Missouri, First
Missouri Bancorporation, Inc., Columbia, Missouri,
and First Heritage National Bank, Davis, Oklahoma.

Newspaper:

2-3-94

* Section 3(a)(3) application by Community First
Financial Group, Inc., English, Indiana, to acquire
Peoples Trust Bank Company, Corydon, Indiana.
Newspaper:

1-31-94

* Section 3(a)(5) application by First United
Bancshares, Inc., El Dorado, Arkansas, to acquire
InvestArk Bankshares, Inc., Stuttgart, Arkansas.

Newspaper:

1-28-94

* Section 3(a)(1) application by Murphy-Wall Bancorp,
Pickneyville, Illinois, to acquire Murphy-Wall
State Bank & Trust, Pinckneyville, Illinois.

Newspaper:

1-31-94

* Section 3(a)(1) application by Union Planters
National Bank, Memphis, Tennessee, to acquire
Tennessee Bancorp, Inc., Columbia, Tennessee.

Newspaper:

1-20-94

* Change in Control notification involving
Community Bancorp of McLean County Kentucky, Inc.,
Island, Kentucky, by James and Sue Markwell
(previously reported during week ending 12-3-93).

Newspaper:

1-5-94*

* This application is subject to CRA.




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
None.




End of Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs

A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs

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

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

An institution in this group has a substantially deficient record o f ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank

Bank of De Soto




December 31, 1993

Bank Address

P. 0. Box 68
De Soto, Illinois

Examination
Date
9-27-93
62924

Examination
Rating
Satisfactory

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

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

Application
Norwest Corporation
Mpls, MN
For one of its subsidiary banks,
Norwest Bank Arizona, N.A.,
Phoenix, AZ, to purchase certain
assets and assume certain liabili­
ties related to a Phoenix, AZ,
branch of First Nationwide Bank,
fsb, San Francisco, CA

Not yet available

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

Comment Period
Ending Date

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

1-24-94
(Federal Register)

Community First Bankshares, Inc.
Fargo, ND
To acquire 100% of the voting shares
of Grand National Bank of Colorado,
Fraser, Colorado*

Not yet available

Avon State Bank Employee Stock Ownership
Plan and Trust
(Newspaper)
Avon, MN
To become a bank holding company through
the acquisition of 30.58% of the voting
shares of Avon Bancshares, Inc., Avon,
MN*

*Subject to CRA




1-31-94

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

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

Application
Norwest Corporation, Mpls, MN and
Norwest Financial Services, Inc.,
Des Moines, IA
To engage in making and servicing
loans with underwriting credit in­
surance throught the acquisition
of Community Credit Co., Edina,
MN.

1-20-94

First Manistique Corporation
Manistique, MI
To engage de novo in making,
acquiring and servicing loans.

1-19-94

Norwest Corporation
Mpls, MN
To engage in securities brokerage
activities through the acquisition
of certain assets of First Nation­
wide Investment Center, Phoenix,
AZ

Not yet available

First Bank System, Inc.
Mpls, MN
To engage de novo in certain data
processing activities in Arizona,
Florida, Kansas, Missouri, Texas,
and Utah

Not yet available

First Bank System, Inc.
Mpls, MN
To engage de novo in certain data
processing activities nationwide.

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
None.




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section V - Availability of
CRA Public Evaluations
week ending December 31, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.

BANK(S ) EXAMINED

DATE OF EXAMINATION

First State Bank
September 27, 1993
of Rushmore
103 North Thompson, Box 48
Rushmore, MN 56168-0048
(507) 478-4121




CRA RATING
Outstanding

Federal Reserve Bank of Kansas City

S E C T I O N 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
Leader First Bancorp, Inc., Marlow,
Oklahoma, for prior approval to
become a bank holding company through
the acquisition of ICO percent of the
voting shares of The First National
Bank in Marlow, Marlow, Oklahoma.*

COMMENT PERIOD ENDING DATE
Not Available

S E C T I O N III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

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

APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
I dentification of Ratings

In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outs t a n d i n g record of meeting community credit needs

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




Federal Reserve Bank of Kansas City

Satisfactory record of meeting community credit needs

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

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

An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome
neighborhoods, in a manner consistent with
its
resources and capabilities.
Bank/Location

Exam Date

CRA Public
Date

CRA
Ratine

Fidelity State Bank & Trust
09-20-93
P.0. Box 1120
Dodge City, Kansas 67801-1120

12-23-93

Outstanding

Anadarko Bank & Trust
09-20-93
P.0. Box 667
Anadarko, Oklahoma 73005-0667

12-23-93

Satisfactory-

Green Horn Valley Bank
09-20-93
#1 N. Parkway - P.O. Box 33
Colorado City, Colorado 81019

12-27-93

Satisfactory

09-20-93

12-27-93

Outstanding

First Interstate Bank of
South Fort Collins
2900 South College Avenue
South Fort Collins, Colorado

80525

♦Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 27, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

** NOTICE EXP

♦Section 3(a)(l)f application by
Bancrecer, S.A., Mexico City, Mexico to acquire
United Bank & Trust, N.A., Dallas, TX

94/01/28

♦Section 3(a)(l)f application by
Grupo Financiero Bancrecer, S.A., De C.V.
Mexico City, Mexico to acquire
United Bank & Trust, N.A., Dallas, TX

94/01/28

♦Section 3(a)(3) application by
ExTraCo Bankshares, Inc., Waco, TX to acquire
Guaranty Bank and Trust Company, Gatesville, TX

N/A

♦Section 3(a)(1) application by
Mission-Heights Management Company, Ltd., Houston, TX,
to acquire IBID, Inc., Wilmington, DE; Independent Bancorp,
Inc., Channelview, TX; and Channelview Bank, Channelview, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF DECEMBER 27, 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabiTitles.
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 12/31/93
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Bank of America Nevada, Las Vegas,
Nev-adfry to establish a depository ATM- in the Von's Grocery Store at the corners
of Pecos and Windmill, Las Vegas, Nevada. *

Newspaper:

Not available

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

Newspaper:

01/14/94

Fed. Reg.:

01/14/94

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

Newspaper:

Not available

Fed. Reg.:

01/14/94

FIAB Holdings, Inc., San Francisco, California,
to become a bank holding company by acquiring
First Indo-American Bank, San Francisco,
California. *

Newspaper: 01/17/94
Fed. Reg.:

01/28/94

Section III - Applications Subject to Federal Register Notice Only
U.S. Bancorp, Portland, Oregon, to engage directly
in data processing activities through the use of
customers' personal computers.

Fed. Reg.:

Not available

Home Credit Corporation, Salt Lake City, Utah, to
engage directly in lending activities.

Fed. Reg.:

Not available

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Bank of America Nevada, Las Vegas, Nevada, to pay a dividend in the amount of
$120 million to its parent, Nevada First Development Corporation, Reno, Nevada.

* Subject to CRA.



FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
Week Ending 12/31/93

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending December 31, 1993. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

*Under the rating system an institution's CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has
an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs: An institution has
a satisfactory record of ascertaining and meeting the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resouces and capabilities.
Substantial noncompliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resouces and capabilities.




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