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ANNOUNCEMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2, 1992, No. 1 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending January 2, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS ENFORCEMENT Blackshear Bank, Blackshear, Georgia — joint issuance of a cease and desist order with the Department of Banking and Finance of the State of Georgia. Announced, December 29, 1992. Farmers and Merchants Bank of Long Beach, Long Beach, California -- issuance of order of assessment of a civil money penalty. Announced, December 29, 1992. 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 Philadelphia Ambassador Bank of the Commonwealth, Allentown, Pennsylvania — to establish a branch at 3439 Bath Pike (Routes 512 and 22), Bethlehem, Pennsylvania. Approved, December 30, 1992. Chicago Chemical Bank and Trust Company, Midland, Michigan -to establish an offsite electronic facility at Dow Chemical Company Research Campus, Gate 76, Washington Street, Midland, Michigan. Approved, December 28, 1992. BANK HOLDING COMPANIES Director,BS&R Banc One Corporation, Columbus, Ohio -- relief from commitment in connection with application to acquire Meuse, Rinker, Chapman, Endres & Brooks, Columbus, Ohio. Granted, December 31, 1992. Director, BS&R Bank of Montreal, Montreal, Quebec, Canada — proposals to merge Harris Government Securities, Inc., Chicago., Illinois, and Nesbitt Thomson Securities, Inc., New York, New York, with transfer of shares of Nesbitt to Bankmont Financial Corporation. Approved, December 31, 1992. H.2 DECEMBER 28, 1992 PAGE 2 TO JANUARY 1, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES San Francisco BankAmerica Corporation, San Francisco, California, and Security Pacific Housing Services, Inc., San Diego, California — to acquire manufactured housing loans from First Associates Financial, Inc., Tampa, Florida, a subsidiary of Equimark Corporation, Pittsburgh, Pennsylvania, and Equibank. Approved, December 30, 1992. Chicago Capital Directions, Inc., Mason, Michigan -- to engage de novo in providing discount brokerage services and investment advise to retail and institutional customers. Permitted, December 31, 1992. Minneapolis Citizens Bancshares of Woodville, Inc., Woodville, Wisconsin — to acquire Elmwood Financial Services, Inc . Approved, December 31, 1992. Chicago Citizens Bankshares, Inc., Shawano, Wisconsin — engage in credit related insurance through Wisconsin Finance Corporation. Permitted, December 30, 1992. Chicago Citizens Financial Corporation, Fort Atkinson, Wisconsin — to purchase loan participation certificates. Returned, December 28, 1992. Atlanta Employees Stock Ownership Plan and Trust of Southwest Georgia Financial Corporation, Moultrie, Georgia -to acquire Southwest Georgia Financial Corporation. Approved, December 30, 1992. Minneapolis First Wilton Bancshares, Ltd., Wilton, North Dakota - to acquire the First State Bank of Wilton. Approved, December 28, 1992. Atlanta Forest Bancorp, Forest, Mississippi — to engage de novo in lending activities nationwide through Bankers Capital Corporation. Permitted, January 1, 1993. to H.2 DECEMBER 28, 1992 PAGE 3 TO JANUARY 1, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Hopeton Bancshares, inc., Hopeton, Oklahoma -- to acquire The Hopeton State Bank. Approved, December 31, 1992. St. Louis Mark Twain Bancshares, Inc., St. Louis, Missouri — to acquire First Shawnee Bancshares, Inc., Shawnee, Kansas, and the First National Bank of Shawnee. Approved, December 30, 1992. Minneapolis Marquette Bancshares, Inc., Minneapolis, Minnesota — to acquire Marquette Fund Advisors, Inc. Returned, December 28, 1992. Kansas City OMNIBANCORP, Denver, Colorado — to acquire Met-State Corp., Kansas City, Missouri, and the Metropolitan State Bank, Commerce City, Colorado. Approved, December 30, 1992. Chicago Republic Bancorp, Inc., Ann Arbor, Michigan — to acquire Market Street Mortgage Corporation, Tampa, Florida. Approved, December 28, 1992. Chicago SBL Capital Bank Shares, Inc., Lodi, Wisconsin — acquire State Bank of Lodi. Returned, December 28, 1992. Dallas Victoria Bankshares, Inc., Victoria, Texas — to acquire Victoria Securities Corporation, Victoria, Texas. Returned, December 30, 1992. to CAPITAL STOCK Minneapolis Farmers State Holding Company, Marion, South Dakota - redemption of shares. Approved, December 31, 1992. Atlanta FMB Bancshares, Inc., Lakeland, Georgia redemption of shares. Approved, December 29, 1992. — H.2 DECEMBER 28, 1992 PAGE 4 TO JANUARY 1, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CAPITAL STOCK Minneapolis Sauk Centre Financial Services, Inc., Sauk Centre, Minnesota -- redemption of shares. Approved, December 31, 1992. CHANGE IN BANK CONTROL Dallas First National Bancorporation of Ennis, Inc., Ennis, Texas — change in bank control. Permitted, December 29, 1992. Cleveland Society Corporation Employees1 Stock Purchase and Savings Plan, Cleveland, Ohio -- change in bank control. Permitted, December 30, 1992. COMPETITIVE FACTORS REPORTS Dallas Bank of the Southwest, Truth or Consequences, New Mexico, proposed merger with FirstBank Farmington, Farmington, New Mexico -- report on competitive factors. Submitted, December 29, 1992. Richmond Carolina First Bank, Greenville, South Carolina, proposed purchase of the assets and assumption of the liability to pay deposits made in 12 branch offices of Republic National Bank, Columbia, South Carolina — report on competitive factors. Submitted, December 29, 1992. Cleveland Farmers and Traders Bank, Jamestown, Ohio, proposed merger with The Security National Bank and Trust Company, Springfield, Ohio — report on competitive factors. Submitted, December 29, 1992. Dallas First State Bank, Socorro, New Mexico, proposed merger with BBS Interim bank -- report on competitive factors. Submitted, December 29, 1992. H.2 DECEMBER 28, 1992 PAGE 5 TO JANUARY 1, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS San Francisco Pacific First Bank, A Federal Savings Bank, Seattle, Washington, proposed exchange of certain assets and certain liabilities with Great Western Bank, A Federal Savings Bank, Chatsworth, California -report on competitive factors. Submitted, December 28, 1992. EXTENSIONS OF TIME Richmond Benchmark Community Bank, Kenbridge, Virginia -extension to May 5, 1993, to establish a branch at the intersection of South Main Street (U.S. Route 15) and Milnwood Road, Farmville, Virginia. Granted, December 28, 1992. San Francisco First Interstate Bancorp, Los Angeles, California -extension to divest certain property. Granted, December 30, 1992. San Francisco Zions Bancorporation, Salt Lake City, Utah -extensions to divest certain properties. Granted, December 30, 1992. INTERNATIONAL OPERATIONS Director, BS&R Republic National Bank of New York, New York, New York, and Saban S.A., Marina Bay, Gibraltar — to make an investment in Republic National Bank of New York, S.A., Paris, France. Permitted, December 30, 1992. Secretary Wachovia International Banking Corporation, WinstonSalem, North Carolina — to establish a branch in Columbia, South Carolina. Approved, December 31, 1992. H. 2 DECEMBER 28, 1992 PAGE 6 TO JANUARY 1, 1993 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Atlanta — to purchase computer equipment for check processing in the Birmingham and Jacksonville Branches. Approved, December 28, 1992. ADDITIONS AND CORRECTIONS H.2 DECEMBER 28, 1992 PAGE 7 TO JANUARY 1, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Capital and accounting standards of the federal banking and thrift agencies — report to the Congress. Approved, December 18, 1992. Commodity Futures Trading Commission -- letter to CFTC concerning proposed rules on regulation of swaps and hybrid instruments. Approved, December 21, 1992. Regulation C — termination of exemptions from the Home Mortgage Disclosure Act for institutions in Connecticut and Massachusetts. Approved, December 23, 1992. Regulation K — amendment concerning activities of state-licensed branches and agencies of foreign banks to implement section 202(a) of the Foreign Bank Supervision Act of 1991. Proposed, December 16, 1992. Regulation 0 — adoption of three exceptions to the aggregate lending limit to implement the Housing and Community Development Act of 1992 (Docket R0785). Proposed, December 16, 1992. Regulation 0 -- clarifying amendment concerning loans to a holding company parent and its affiliates (Docket R-0785). Approved, December 16, 1992. Regulation Y — final rule to implement provisions of section 202(d) and 210 of the Federal Deposit Insurance Corporation Improvement Act of 1991 and the Foreign Bank Supervision Enhancement Act of 1991 (Docket R-0755). Approved, November 4, 1992. H.2 DECEMBER 28, 1992 PAGE 8 ADDITIONS AND CORRECTIONS TO JANUARY 1, 1993 ACTIONS TAKEN BY THE BOARD OF GOVERNORS RESERVE BANK SERVICES Payments system — criteria for sponsoring telecommunications service priority for large-value funds and securities transfer circuits (Docket R-0786). Proposed, December 16, 1992. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Cashton Bancshares, Inc., Cashton, Wisconsin -- to acquire the Bank of Cashton. Returned, December 24, 1992. Chicago Citizens Financial Corporation Employee Stock Ownership Plan and Trust, Fort Atkinson, Wisconsin — to retain Citizens Financial Corporation, and Citizens State Bank. Returned, December 23, 1992. EXTENSIONS OF TIME Chicago Bank of Ypsilanti, Ypsilanti, Michigan — extension to January 29, 1993, to become a member of the Federal Reserve System and to establish a branch at 1515 Washtenaw Avenue. Granted, December 11, 1992. Chicago Mibank Corporation, Ypsilanti, Michigan — extension to January 29, 1993, to acquire Bank of Ypsilanti. Granted, December 11, 1992. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Application Comment Period Ending Date NONE SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment Period Ending Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Application Comment Period Ending Date NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NONE SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS ♦Rating Definitions: "0" - Outstanding; "S" - Satisfactory; - Needs to Improve; "SN" - Substantial Noncompliance. Institution Examination Date NONE Rating* "N" Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________ Notice Only___________ None. SECTION II Applications Subject to Both Newspaper and Federal Register Notice None. SECTION III Nonbanking Applications (Subject to Federal Register Notice Only) Algemene Maatschappij voor Nijverheidskrediet N.V., Antwerp, Belgium and Kredietbank N.V., Brussels, Belgium to engage in certain investment advisory and portfolio management activities through Kredietbank Global Management, L.P., Stamford, Connecticut, a joint venture with Darien Asset Management, Inc. N/A Creditanstalt-Bankverein, Vienna, Austria, to engage indirectly, through its subsidiary, Creditanstalt International Advisers Group, Inc., in investment advisory activities through a joint venture limited partnership, Steinberg Asset Management Company, L.P., New York, New York. 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. N/A 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 2. 1993 NAME OF BANK RATING EXAMINATION DATE Gotham Bank of New York 1412 Broadway New York, New York 10018 Satisfactory August 17, 1992 1/ 2/ 3/ 4/ Subject to provisions of Community Reinvestment Act. Later of dates specified in newspaper and Federal Register notices. Date specified in newspaper notice; a later date may be specified in the Federal Register notice. . Date specified in Federal Register notice; a later date may be specified in the newspaper notice. N/A - Not Available FEDERAL RESERVE BANK OF PHILADELPHIA SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Comment Period Ending Date NONE. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Comment Period Ending Date NONE. SECTION III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Period Ending Date NONE. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE. 1/ Subject to provisions of Community Reinvestment Act. * N/A - not yet available. FEDERAL RESERVE BANK OF PHILADELPHIA SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS The following institutions were examined for CRA* The 30-business day period the bank has to make the evaluation public has lapsed during the week ending January 1, 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 NONE. CRA Rating Federal Reserve Bank of Cleveland Applications Bulletin For Week Ending January 2, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY None SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Received Section 3(a)(5) application on December 24, 1992, from Huntington Bancshares Incorporated and Huntington Bancshares West Virginia, Inc., both of Columbus, Ohio on December 24, 1992, to ^ acquire CB&T Financial Corp., Fairmont, West Virginia. *F: January 28, 1993 Received Section 3(a) (1) application on *N: January 27, 1993 December 31, 1992, from Fidelity Bancorp, Inc., Pittsburgh, Pennsylvania, to acquire Fidelity Savings Bank, Pittsburgh, Pennsylvania. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received Section 4( c ) (8) application on December 24, 1992, from Huntington Bancshares Incorporated and Huntington Bancshares West Virginia, Inc., both of Columbus, Ohio on December 24, 1992, to acquire CB&T Capital Investment Company, Fairmont, West Virginia. January 28, 1993 Received Section 4 ( c ) (8) application from January 22, 1993 Mellon Bank Corporation, Pittsburgh, Pennsylvania, on November 25, 1992, to acquire the non-bank subsidiaries of The Boston Company, Inc., Boston, Massachusetts. * N F # - Subject to CRA Newspaper Comment Period Federal Register Comment Period Expected to end approximately 30 days from date of application's receipt. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Received applications from PNC International Bank and PNC International Bank (New York) on December 24, 1992, to amend their articles of association pursuant to Section 211.4 of Regulation K and Section 25(a) of the Federal Reserve Act. AVAILABILITY OF CRA PUBLIC EVALUATIONS (January 1, 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 January 1, 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. The Castalia Banking Company 208 South Washington Street Castalia, Ohio 44824 (419) 684-5333 Rating: Satisfactory Exam Date: October 19, 1992 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Horizon Bancorp, Inc., Beckley, West Virginia, to acquire Allegheny Bankshares Corporation, Lewisburg, West Virginia.* 1-27-93 Section III - Applications Subject to Federal Register Notice Application Comment Period Ending Date Resource Bancshares Corporation, Columbia, South Carolina, to acquire 100% of the shares of Resource Mortgage Group, Inc., Columbia, South Carolina. 1-15-93** BB&T Financial Corporation, Wilson, North Carolina, to acquire Security Financial Holding Company, Durham, North Carolina.* 1-22-93** Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Comment Period Ending Date None. *Application is subject to CRA requirements. **Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending January 1, 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 Rating Fairfax Bank & Trust Company 4117 Chain Bridge Road Fairfax, Virginia 22030 9-21-92 Satisfactory Virginia Bank and Trust Company 336 Main Street Danville, Virginia 24543 9-28-92 Satisfactory Benchmark Community Bank P. 0. Box 569 Kenbridge, Virginia 23944 9-28-92 Satisfactory 9-29-92 Satisfactory Johnsonville State Bank Broadway Street Johnsonville, South Carolina 29555 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending January 1. 1993 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date F & M Bancorporation Birmingham, Alabama 1-BHC formation, The Farmers & Merchants Bank, Centre, Alabama. Not yet available* Great Guaranty Bancshares, Inc. New Roads, Louisiana Change in control by Edwin J. Leonards to acquire 18.33 percent of Series B voting preferred stock. Total ownership including existing common stock holding will equal 18.39 percent. 01-11-93* Federal Register Section 3 - Applications Subject Register Only Application to Federal Comment Period Ending Date Main Street Banks, Incorporated Covington, Georgia To acquire First Federal Savings Bank of Georgia, Winder, Georgia, pursuant to Section 4( c ) (8) of the Bank Holding Company Act. Not yet available* ♦Subject to Provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending January 1. 1993 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application None. 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 Type Application Merger/ Branches Security Bank and Trust Company Southgate, Michigan First of America Bank-Security Monroe, Michigan Monroe Office 28 East Front Street Monroe, Michigan Mayhee Office 9040 Raisin Street Mayhee, Michigan South Dixie Office 15407 South Dixie Highway Monroe, Michigan Frenchtown Office 6000 North Monroe Street Monroe, Michigan South Custer Office 2100 South Custer Monroe, Michigan North Telegraph Office 465 North Telegraph Road Monroe, Michigan North Monroe Office 202 North Monroe Street Monroe, Michigan Newport Office 8733 Swan Creek Road Newport, Michigan North Dixie Office 2770 North Dixie Highway Monroe, Michigan Bedford Township Office 7548 Lewis Avenue Temperance, Michigan* Comment Period Ending Date N - 1-2-93 Federal Reserve Bank of Chicago Section I - Applications Subject to Newspaper Notice Only (ContinuedJ Comment Period Ending Date Type Application Merger The Shelby County State Bank Shelbyville, Illinois Bank of Findlay Findlay, Illinois* N - 10-29-92 Branch Old Kent Bank and Trust Company Grand Rapids, Michigan 6210 Kalamazoo Avenue Kentwood, Michigan* N - 1-3-93 Branch The Kingston State Bank Kingston, Michigan 4059 Huron Street North Branch, Michigan* N - ** Oakar State Financial Services Corporation Hales Corners, Wisconsin Waukesha, Wisconsin branch of North Shore Bank, FSB Brookfield, Wisconsin* N Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application Y-l First Insurance Finance Company Des Moines, Iowa Farmers and Miners Bank Lucas, Iowa* FR - 12-28-92 N - 12-11-92 Y-2 Citizens Financial Corporation Employee Stock Ownership Plan and Trust Fort Atkinson, Wisconsin Citizens Financial Corporation Fort Atkinson, Wisconsin Citizens State Bank Fort Atkinson, Wisconsin* FR - 12-18-92 N - 12-25-92 Y-2 Comerica Incorporated Detroit, Michigan Comerica Texas Incorporated Detroit, Michigan Nasher Financial Corporation Dallas, Texas NorthPark National Corporation Dallas, Texas NorthPark National Bank of Dallas Dallas, Texas* FR - 12-28-92 N - 12-28-92 Y-l Comerica Texas Incorporated Detroit, Michigan Nasher Financial Corporation Dallas, Texas NorthPark National Corporation Dallas, Texas NorthPark National Beuik of Dallas Dallas, Texas* FR - 12-28-92 N - 12-28-92 Y-l SBL Capital Bank Shares, Inc. Lodi, Wisconsin State Bank of Lodi Lodi, Wisconsin* FR 1-4-93 N - 12-26-92 Federal Reserve Bank of Chicago Tvoe Section II - Applications Subject to Both Newspaper and Federal Register Notice fContinued) Comment Period Application Ending Date FR - 11-20-92 N - 1-21-93 Y-2 Gibson Investment Company Gibson, Iowa Wingo, Ltd. Brooklyn, Iowa Poweshiek County Savings Bank Brooklyn, Iowa* CoC-HC Wingo, Ltd. Brooklin, Iowa Roll in R. Harder Y-2 Van Diest Investment Company Ankeny, Iowa Hamilton County Bancshares, Inc. Webster City, Iowa First State Bank Webster City, Iowa* FR 1-7-93 N - ** CoC-HC Avoca Financial Services, Inc. Council Bluffs, Iowa Terry M. Carley FR - ** N - ** CoC-HC Overton Bank Shares, Inc. Mondamin, Iowa James F. & Donald F. Schwertley and James R. King FR - ** N - ** COC-HC Iowa State Bank Holding Company Des Moines, Iowa Marvin R. Selden, Jr.; Melvin H. Nielsen; Dennis Gallagher; Robert McLaughlin and Doris Olson FR - ** N - ** Y-2 Shelby County Bancorp, Inc. Shelbyville, Illinois Bank of Findlay Findlay, Illinois* FR - ** N - 10-29-92 FR - 11-17-92 N 1-4-93 Federal Reserve Bank of Chicago Type Section II - Applications Subject to Both Newspaper and Federal Register Notice (Continued ) Comment Period Application Ending Date Y-l Farmers & Merchants Bancshares, Inc. Burlington, Iowa Farmers & Merchants Bank & Trust Burlington, Iowa* FR N - Y-2 First Colonial Bankshares Corporation Chicago, Illinois Hi-Banorp, Inc. Highwood, Illinois Bank of Highwood Highwood, Illinois GNP Bancorp, Inc. Mundelein, Illinois New Century Bank Mundelein, Illinois* FR - ** N - ** Y-2 Minowa Banshares, Inc. Decorah, Iowa Minnesota Bank, National Association Caledonia, Minnesota* FR - ** N - ** Y-2 LeRoy C. Darby, Inc. Monona, Iowa Keystone Bancshares, Inc. Monona, Iowa Peoples State Bank Elkader, Iowa* FR - ** N - 1-30-93 Y-l Van Buren Bancorporation Employee Stock Ownership Plan Keosauqua, Iowa Van Buren Bancorporation Keosauqua, Iowa State Savings Bank Cantril, Iowa Farmers State Bank Keosauqua, Iowa* FR - ** N - ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Type Application 4(c)(8) Citizens Bankshares, Inc. FR - 12-28-92 Shawano, Wisconsin Wisconsin Finance Corporation Shawano, Wisconsin— engage in the sale of credit life, accident, disc&ility, health, and property or casualty insurance Y-4 First Insurance Finance Company Des Moines, Iowa To continue to engage in the making and servicing of loans FR - 12-28-92 Y-4 Valley Bancorporation Appleton, Wisconsin Valley Securities, Inc. Appleton, Wisconsin FR - ** Y-4 Garwin Bancorporation Garwin, Iowa Garwin Insurance Agency Garwin, Iowa FR N - Y-4 Bank of Montreal Montreal, Canada Harris Futures Corporation Chicago, Illinois FR - ** Y-4 Bankmont Financial Corp. New York, New York Harris Futures Corporation Chicago, Illinois FR - ** Y-4 Harris Bankcorp, Inc. Chicago, Illinois Harris Futures Corporation Chicago, Illinois FR - ** 4(c)(8) First of America Bank Corporation Kalamazoo, Michigan First of America Mortgage Company Kalamazoo, Michigan FR - ** ** 1-10-93 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only (Continued) Comment Period Ending Date Tvoe Application 4(c) (8) Comerica Incorporated Detroit, Michigan ComeriComp, Incorporated Detroit, Michigan FR - ** 4(c) (8) Withee Bank Shares, Inc. Withee, Wisconsin Engage in development and ownership of a low income housing project FR - ** 4(c)(8) Citizens Financial Corporation Fort Atkinson, Wisconsin Purchase loan participation certificates from its sub, Citizens State Bank FR - 12-18-92 4(c) (8) Beaman Bancshares, Inc. Beaman, Iowa Beaman Insurance Agency, Inc. Beaman, Iowa FR - ** Y-4 Old Kent Financial Corporation Grand Rapids, Michigan Gladeshire L.D.H.A. Limited Partnership Kalamazoo, Michigan FR - ** Y-4 Van Buren Bancorporation Keosauqua, Iowa Making and servicing loans FR - ** 4(c) (8) Amcore Financial, Inc. Rockford, Illinois Amcore Investment Banking, Inc. Rockford, Illinois - investment and financial advisory services FR - ** 4(c) (8) Community Banc-Corp of Sheboygan, Inc. Sheboygan, Wisconsin G & H Insurance Agency Sheboygan, Wisconsin - selling insurance and other financial services FR - ** Federal Reserve Bank of Chicago Section IV - ADDlications Not Subiect to Federal Recrister or NewsDaDer Notice Tvoe ADDlication RoS Wingo, L t d . Brooklyn, Iowa To redeem 10,469 shares of common stock RoS Security Bancorp Stanton, Iowa To redeem 340,000 shares of preferred stock RoS Boyden Bancorp Boyden, Iowa To purchase 445 shares (14.34 percent) of common stock from Iva Rensink 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 30-business day period the bank has to make the evaluation public has lapsed during the week ending January 01, 1993. If you are interested in obtaining a copy of the evaluation document, please contact the bank(s) directly. Identification of Ratings O-An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. NI-An institution in this group needs to improve its overall record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SN-An institution in this group has a substantially deficient record of ascer taining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. BANK NAME/LOCATION EXAMINATION DATE -New Asia Bank 222 West Cermak Road Chicago, Illinois 60616-1997 (312) 225-5991 8/31/92 NI -First State Bank of Maple Park 107 Main Street, Box 218 Maple Park, Illinois 60151 (815) 827-3251 9/28/92 S RATINGS Federal Reserve Bank of St. Louis FOR THE WEEK ENDING JANUARY 1, 1993 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application * Section 3(a)(1) application by Jefferson County Bancshares, Inc., Festus, Missouri to acquire Eagle Bank & Trust Company of Jefferson County, Hillsboro, Missouri End of Comment Period Newspaper: 1-30-93 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period None.* * This application is subject to CRA. FEDERAL RESERVE BANK OF ST. LOUIS St. Louis, Missouri AVAILABILITY OF CRA PUBLIC DISCLOSURES Identification o f Ratings: Outstanding record o f 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 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 m eet 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 of ascertaining and helping to m eet 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 None Bank Address January 1, 1993 Examination Date Examination Rating FED ER A L R ESER VE BANK OF M IN N E A P O L IS Section I - Applications Subject to Newspaper Notice Only Comment Period Ending Date Application None. Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Norwest Corporation Mpls, MN To acquire, via merger, 100% of Financial Concepts Bancorp, Inc., Green Bay, WI* Comment Period Ending Date Not yet available First National Corporation North Dakota Grand Forks, ND To acquire, via merger, 100% of the voting shares of First National Corporation, Grand Forks, ND, and thereby directly acquire the First National Bank North Dakota, Grand Forks, ND* 2-3-93 (Newspaper) Community First Bankshares, Inc. Fargo, ND To acquire, via merger, 100% of the voting shares of the Citizens Bancorp, Inc., Morris, MN, a one bank holding company owing the Citizens Bank, Morris, MN* Not yet available * Subject to CRA FEDERAL RESERVE BANK OF M IN N E A P O L IS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application Norwest Corporation Mpls, MN To engage in title insurance agency activities including real estate settlement service acti vities through the acquisition of substantially all of the assets of Community Title Guaranty Com pany, Lombard, IL Newberry Bancorp, Inc. Sault Ste. Marie, MI To engage in community rein vestment activities through the acquisition of Northern Michigan BidCo, Inc., Sault Ste. Marie, MI Not yet available 1-11-93 Norwest Corporation Mpls, MN To engage in mortgage servicing through the acquisition of the mortgage servicing business of University Bank, Green Bay, WI Not yet available Norwest Corporation Mpls, MN To engage in brokerage activities through the acquisition of the discount brokerage business of University Bank, Green Bay, WI Not yet available Section IV - Applications Not Subject to Federal Register Notice or Newspaper Notice Application First Integrity Bancorporation St. Cloud, MN To redeem 50% of its preferred stock. FEDERAL RESERVE BANK OF M INNEAPOLIS Section V - Availability of CRA Public Evaluations week ending January 1, 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 lowand 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 None. DATE OF EXAMINATION CRA RATING Federal Reserve Bank of Kansas City SECTION I ~ APPLICATIONS SDBJECT TO NEWSPAPER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE The Jewell County Bank, Mankato, Kansas, for prior approval to merge certain assets and liabilities of The Tipton State Bank, Tipton, Kansas, and Traders State Bank, Glen Elder, Kansas, and to establish branches in Tipton, Kansas, and Glen Elder, Kansas. Not Available Shoshone First Bank, Cody, Wyoming, for prior approval to become a member of the Federal Reserve System. Not Available First United Bank, Neligh, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available Schuyler State Bank & Trust Company, Schuyler, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available Bank of Papillion, Papillion, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available Crete State Bank, Crete, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available First Security Bank of Windsor, Windsor, Colorado, for prior approval to become a member of the Federal Reserve System. Not Available State Bank, Palmer, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available Gretna State Bank, Gretna, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available Farmers State Bank & Trust Company, Lexington, Nebraska, for prior approval to become a member of the Federal Reserve System/ Not Available Federal Reserve Bank of Kansas City First Security Bank of Craig, Craig, Colorado, for prior approval to become a member of the Federal Reserve System. Not Available The First Security Bank, Fort Lupton, Colorado, for prior approval to become a member of the Federal Reserve System. Not Available The Farmers State Bank & Trust Co., Aurora, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available First Security Bank, Mitchell, Nebraska, for prior approval to become a member of the Federal Reserve System. Not Available SECTION I I - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATE F.S.B., Inc., Superior, Nebraska, for prior approval to merge with Tipton Insurance Agency, Inc., Tipton, Kansas, and Glen Elder Agency, Inc., Glen Elder, Kansas.* Not Available Cherokee County Bancshares, Inc., Hulbert, Oklahoma, for prior approval to become a bank holding company through the acquisition of 100 percent of the outstanding voting etock of First State Bank of Hulbert, Hulbert, Oklahoma.* Not Available Donald Sturm, Omaha, Nebraska, for prior approval to acquire 85.5 percent of the outstanding shares of the Bank of Laramie, Laramie, Wyoming. Not Available Archer, Inc., Palmer, Nebraska, and Osceola Insurance, Inc., Osceola, Nebraska, for approval to retain at least 14.6 percent of the voting shares of Guaranty Corporation, Denver, Colorado.* Not Available Federal Reserve Bank of Kansas City Green Top, Inc., Palmer, Nebraska, for prior approval to merge with Anmer Corporation, Neligh, Nebraska, Dawson Corporation, Lexington, Nebraska, Heartland Bancorporation, Aurora, Nebraksa, North Platte Corporation, Torrington, Wyoming, Pinnacle Bancorp, Inc., Fort Lupton, Colorado, Pinnacle Bancorp, Inc., Abilene, Kansas, Pinnacle Bancorp, Inc., Papillion, Nebraska, Pinnacle Bancorp, Inc., Newcastle, Wyoming, and Shelby Insurance, Inc., Shelby, Nebraska.* Not Available SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE None. SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION Swanton Agency, Inc., Swanton, Nebraska, for prior approval to redeem 80 shares of it's own voting common stock. Not Available SECTION V ~ AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification of Ratings In connection with the assessment of each insured depository institution's CRA performance, a rating is assigned from the following groups: Federal Reserve Bank of Kansas City Outstanding record of meeting community credit needs An institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.* Bank/Location Exam Date CRA Public Date Omnibank Aurora 3000 South Peoria Aurora, Colorado 80014-3153 09-21-92 12-28-92 Satisfactory First Nebraska Bank P.O. Box 315 Valley, Nebraska 68064 09-28-92 12-30-92 Outstanding *Application is subject to CRA. CRA Rating FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 28, 1992 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION NOTICE EXP None. SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION ** NOTICE EXP ♦Section 3(a)(1) application by LNB Financial Corporation, Austin, TX, to acquire LNB Financial-Delaware, Inc., Wilmington, DE, and Liberty National Bank, Austin, TX N/A ♦Section 3(a)(1) application by LNB Financial-Delaware, Inc., Wilmington, DE, to acquire Liberty National Bank, Austin, TX N/A SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) de novo notification by First Abilene Bankshares, Inc., Abilene, TX, to acquire First Financial Investments, Inc., Abilene, TX (engage in discount securities brokerage activities including certain securities credit and incidental activities) N/A 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 28. 1992 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 lowand 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 grouphas a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Bank Date of Examination Lake Buchanan State Bank Hwy. 29 & RR 1431 P. 0. Box 468 Buchanan Dam, TX 78609 92/09/21 CRA Rating Needs to Improve FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS APPROVED DURING THE WEEK OF DECEMBER 28, 1992 APPLICATION Change in Control Notice by Johnny Ray Cody, Ennis, TX, to acquire an interest in First National Bancorporation of Ennis, Inc., Ennis, TX DATE 92/12/29 FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 12/31/92 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date None Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Endinq Date American Marine Bank Employee Stock Ownership Plan, Bainbridge Island, Washington, to become a bank holding company by acquiring 46.4 percent of American Marine Bank, Winslow, Washington. * Newspaper: 12/05/92 Fed. Req.: 01/26/93 Scott M. Browning, Gay Browning and Diane Browning Oblock, to increase their ownership from 53.79 up to 82.07 percent of First Utah Bancorporation, Salt Lake City, Utah. Newspaper: 01/15/93 Fed. Req.: 01/19/93 Section III - Applications Sub.iect to Federal Register Notice Only Application Comment Period Ending Date Zions Bancorporation, Salt Lake City, Utah, to form a joint venture to sell credit life insurance with American Bankers Insurance Group, Inc., Miami, Florida. Fed. Reg.: Not available 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 12/31/92 Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending December 31, 1992. 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 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
@FedFRASER