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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 27
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending July 8, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Pilot Bancshares, Inc., Tampa, Florida -- to acquire
The Terrace Bank of Florida.
Approved, July 3, 1995.
BANK MERGERS
Terrace Bank, Tampa, Florida --to merge with
University State Bank.
Approved, July 3, 1995.
BANK PREMISES
Terrace Bank, Tampa, Florida -- investment in bank
premises.
Approved, July 3, 1995.
INTERNATIONAL OPERATIONS




Chase Manhattan Bank, N.A., New York, New York --to
establish branches in Sydney, Melbourne, Brisbane,
Hobart, Adelaide, Perth, and Canberra, Australia.
Permitted, July 7, 1995.
Citibank Overseas Investment Corporation, New Castle,
Delaware -- to make an investment in Citibank,
S.A., Warsaw, Poland.
Permitted, July 3, 1995.
VNB International Services, Inc., Wayne, New Jersey - to make an investment in VNB Financial Services,
Inc., Scarborough, Ontario, Canada.
Approved, July 3, 1995.

H.2
JULY 3, 1995
PAGE 2

TO

JULY 7, 1995

ACTIONS TAKEN 3Y 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
Kansas City

Bank of Jackson Hole, Jackson, Wyoming -- to
establish a branch at 3525 North Moose-Wilson Road,
Teton County, Wyoming.
Approved, July 3, 1995.

Atlanta

Barnett Bank of Naples, Naples, Florida -- to
establish a branch at the northeast corner of U.S.
41 (Tamiami Trail) and Triangle Boulevard, Naples,
Florida.
Approved, July 3, 1995.

Secretary

First Interstate Bank, Los Angeles, California -- t,
establish a branch at 4012 Grand Avenue, Suite A,
Chino, California.
Approved, July 3, 1995.

Chicago

First State Bank of Maple Park, Maple Park,
Illinois -- to establish a branch at the southeast
corner of Route 47 and Prairie Valley Street,
Elburn, Illinois.
Returned, July 6, 1995.

Kansas City

Jackson State Bank, Jackson, Wyoming -- to establish
a branch at 4010 West Lake Creek Drive, Teton
County, Wyoming.
Approved, July 3, 1995.

Philadelphia

Meridian Bank, Reading, Pennsylvania -- to establish
a branch at Logan Square East, Two Franklin Town
Boulevard, Philadelphia, Pennsylvania.
Approved, July 3, 1995.

BANK HOLDING COMPANIES




H .2
JULY 3 , 1995
PAGE 3

TO

JULY 7, 1995

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

BANK HOLDING COMPANIES




Richmond

Allied Irish Banks, p.l.c., Dublin, Ireland -proposal that AIB Investment Managers Limited, act
as an investment or financial adviser; engage in
providing investment advice as a commodity trading
advisor for the purchase and sale of financial
futures contracts and options thereon; and provide
foreign exchange advisory and transactional
services.
Approved, July 7, 1995.

Chicago

Associated Banc-Corp., Green Bay, Wisconsin -- to
acquire Great Northern Mortgage, Rolling Meadows,
Illinois, and engage in mortgage banking
act ivit ies.
Permitted, July 3, 1995.

Atlanta

Commercial Bancgroup, Inc., Harrogate, Tennessee -to engage de novo in consumer and credit-related
life insurance activities through Tennessee Finance
Company, Inc.
Permitted, July 6, 1995.

Minneapolis

Community National Corporation, Grand Forks, North
Dakota -- to engage de novo in data processing
services.
Permitted, July 3, 1995.

New York

Cooperative Centrale Raiffeisen - Boerenleenbank
B.A., Rabobank Nederland, Utrecht, Netherlands
to engage de novo in swap activities through Rabo
Capital Services, Inc., New York, New York.
Permitted, July 3, 1995.

Minneapolis

First Dakota Financial Corporation Employee Stock
Ownership Plan, Yankton, South Dakota -- to acquire
First Dakota Financial Corporation.
Approved, July 5, 1995.

H.2

JULY 3 , 1995
PAGE 9

TO

JULY 7, 1995

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

BANK HOLDING COMPANIES




Director, BS&R

First of America 3ank Corporation, Kalamazoo,
Michigan -- determination that First of America
Securities, Inc., has acceptable policies and
procedures and that it may begin underwriting and
dealing in rated and unrated debt securities.
Approved, July 3, 1995.

Atlanta

First Peoples Bancshares, Inc., Pine Mountain,
Georgia -- to acquire First Peoples Bank.
Approved, July 5, 1995.

Atlanta

First Southern Holding Bancorp, Inc., Boca Raton,
Florida -- to acquire First Southern Bank.
Approved, July 7, 1995.

St. Louis

General Bancshares, Inc., Little Rock, Arkansas -acquire Sparkman Bancshares, Inc., Sparkman,
Arkansas, and Merchants and Planters Bank.
Approved, July 7, 1995.

Kansas City

Guaranty Bancshares, Inc., Oklahoma City, Oklahoma
to engage de novo in lending activities through
First Oklahoma Finance Company, Bethany, Oklahoma
Permitted, July 6, 1995.

Chicago

Marshall 8 Ilsley Corporation, Milwaukee, Wisconsin
t
- to acquire Mutual Services, Inc., Braintree,
Massachusetts.
Permitted, July 3, 1995.

Chicago

Milford Bancorporation, Milford, Iowa -- to acquire
Ocheyedan Bancorporation, Ocheyedan, Iowa and
Ocheyedan Savings Bank.
Approved, July 5, 1995.

H.2
JULY 3, 1995
PAGE 5

TO

JULY 7, 1995

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

BANK HOLDING COMPANIES
Dallas

Victoria Bankshares, Inc., Victoria, Texas -- to
acquire Cattlemen’s Financial Services, Inc.,
Austin, Texas.
Approved, July 5, 1995.

Dallas

Victoria Financial Services, Inc., Wilmington,
Delaware -- to acquire Cattlemen’s State Bank,
Austin, Texas.
Approved, July 5, 1995.

BANKS, NQNMEMBER. AND MISCELLANEOUS INSTITUTIONS
Richmond

AgFirst Farm Credit Bank, Columbia, South Carolina -registration statement.
Withdrawn, July 6, 1995.

CAPITAL STOCK
Kansas City

Farmers State Bancshares of Andrew County, Inc.,
Savannah, Missouri -- redemption of shares.
Approved, July 5, 1995.

Minneapolis

First Dakota Financial Corporation, Yankton, South
Dakota -- redemption of shares.
Approved, July 5, 1995.

Chicago

Ocheyedan Bancorporation, Ocheyedan, Iowa -redemption of shares.
Approved, July 5, 1995.

Kansas city

Security Financial Services Corporation, Enid,
Oklahoma -- redemption of shares.
Approved, July 5, 1995.

CHANGE IN BANK CONTROL




Secretary

Citizens Commerce Corporation, Ardmore, Oklahoma
change in bank control.
Permitted, July 6, 1995.

Chicago

Delhi Bancshares, Inc., Delhi, Iowa -- change in bank
control.
Permitted, July 3, 1995.

H .2
JULY 3, 1995
PAGE 6

TO

JULY 7, 1995

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

COMPETITIVE FACTORS REPORTS




Atlanta

Bank of Hiawassee, Hiawassee, Georgia,, proposed
merger with Chatuge Interim, Inc. -- report on
competitive factors.
Submitted, July 5, 1995.

Chicago

Bank of Northern Illinois, Glenview, Illinois,
proposed merger with National Bank of Northern
Illinois, Waukegan, Illinois -- report on
competitive factors.
Submitted, July 5, 1995.

Cleveland

Bank One West Virginia, Wheeling, N.A., Wheeling,
West Virginia, proposed merger with Bank One West
Virginia, New Martinsville, N.A., New Martinsville,
West Virginia -- report on competitive factors.
Submitted, July 6, 1995.

Chicago

Central State Bank, Beulah, Michigan, proposed
purchase of the assets and assumption of the
deposits of the Benzonia, Michigan, branch of First
of America Bank National Association, Kalamazoo,
Michigan -- report on competitive factors.
Submitted, July 7, 1995.

Chicago

Citizens National Bank of Macomb, Macomb, Illinois,
proposed merger with Roseville State Bank,
Roseville, Illinois -- report on competitive
factors.
Submitted, July 7, 1995.

Richmond

City National Bank of Charleston, Charleston, West
Virginia, proposed purchase of certain assets and
assumption of certain liabilities of the
Chesapeake, West Virginia, branch of Huntington
National Bank West Virginia -- report on
competitive factors.
Submitted, July 5, 1995.

Cleveland

Farmers Bank, Inc., Butler, Kentucky, proposed
purchase of certain assets and assumption of
certain liabilities of the Walton, Kentucky, branch
of Huntington Bank, Inc., Covington, Kentucky -report on competitive factors.
Submitted, July 6, 1995.

H .2
JULY 3, 1995
PAGE 7

TO

JULY 7, 1995

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

COMPETITIVE FACTORS REPORTS




Cleveland

Farmers National Bank of Canfield, Canfield, Ohio,
proposed purchase of certain assets and assumption
of certain liabilities of the Leetonia, Ohio,
branch of Bank One, Youngstown, N.A., Youngstown,
Ohio -- report on competitive factors.
Submitted, July 6, 1995.

Chicago

First Citizens Bank and Trust Company, Greencastle,
Indiana, proposed acquisition of the assets and
assumption of the liability to pay deposits made in
the Greencastle, Indiana, branch of First United
Savings Bank, F.S.B., Greencastle, Indiana -report on competitive factors.
Submitted, July 5, 1995.

Atlanta

Homer National Bank, Homer, Louisiana, proposed
merger with Premier Bank, N.A., Baton Rouge,
Louisiana -- report on competitive factors.
Submitted, July 5, 1995.

Chicago

Northern Trust Bank of Texas National Association,
Dallas, Texas, proposed merger with Tanglewood Bank
National Association, Houston, Texas -- report on
competitive factors.
Submitted, July 7, 1995.

St. Louis

Pike County Bank, Petersburg, Indiana, proposed
merger with the Spurgeon State Bank, Spurgeon,
Indiana -- report on competitive factors.
Submitted, July 6, 1995.

Chicago

Stewardson National Bank, Stewardson, Illinois,
proposed merger with Republic National Bank of
Stewardson -- report on competitive factors.
Submitted, July 7, 1995.

Cleveland

Strongsville Savings Bank, Strongsville, Ohio,
proposed purchase of the Columbia Station, Ohio,
branch of PremierBank & Trust, Elyria, Ohio -report on competitive factors.
Submitted, July 5, 1995.

H.2
JULY 3, 1995
PAGE 8

TO

JULY 7, 1995

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

EXTENSIONS OF TIME
San Francisco

Bank of Seoul, Seoul, Korea -- extensions to divest
certain properties.
Granted, July 6, 1995.

St. Louis

National City Bancshares, Inc., Evansville, Indiana
- extension to October 11, 1995, to acquire United
Financial Bancorp, Inc., Vincennes, Indiana, and
United Federal Savings Bank of Vincennes.
Granted, July 6, 1995.

Richmond

Signet Banking Corporation, Richmond, Virginia -extension to October 6, 1995, for Signet Strategic
Capital Corporation to commence providing advisory
services with respect to certain futures and
options on futures on nonfinancial commodities.
Granted, July 6, 1995.

San Francisco

Zions Bancorporation, Salt Lake City, Utah -extension to divest certain property.
Granted, July 6, 1995.

INTERNATIONAL OPERATIONS
Director, BS&R

Republic International Bank of New York
(California) -- to change its name to Republic
International Bank of New York (Delaware) and to
transfer the home office to Wilmington, Delaware,
from Beverly Hills, California.
Approved, July 5, 1995.

Minneapolis

M&I Bank of Ashland, Ashland, Wisconsin -- to become
a member of the Federal Reserve System.
Approved, July 3, 1995.

MEMBERSHIP

REGULATIONS AND POLICIES




Secretary
FOMC

Federal Open Market Committee -- minutes of the
meeting of May 23, 1995.
Published, July 7, 1995.

FQMC

Short-term interest rates -- decrease in federal
funds rate.
Approved, July 6, 1995.

H.2
JULY 3, 1995
PAGE 9

TO

JULY 7, 1995

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Atlanta -- to lower its
noncash collection per-item fee for clearinghouse
items to $3.00, and to shorten availability of
these items to five business days.
Approved, July 3, 1995.

Director, FRBO

Federal Reserve Bank of Chicago -- to replace a
weekend Other Fed group sort at the Chicago office
with new group sorts.
Approved, July 6, 1995.

H.2

ADDITIONS AND CORRECTIONS

JULY 3, 1995
PAGE 10

TO

JULY 7, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Safety and soundness standards -- final rule and
guidelines implementing section 132 of the Federal
Deposit Insurance Corporation Improvement Act, and
proposed guidelines for safety and soundness
standards relating to asset quality and earnings
(Docket R-0766)
.
Approved, February 2, 1995.

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

BANK BRANCHES■ DOMESTIC
New York

Chemung Canal Trust Company, Elmira, New York --to
establish an offsite electronic facility at Corning
Community College, One Academic Drive, Corning, New
York.
Approved, June 22, 1995.

COMPETITIVE FACTORS REPORTS




Richmond

CENIT Bancorp, Inc., Norfolk, Virginia -- to engage
in permissible savings and loan association
activities through CENIT Bank, F.S.B.
Submitted, June 27, 1995.

Philadelphia

Chemical Bank New Jersey National Association,
Morristown, New Jersey, proposed merger with PNC
Bank New Jersey National Association, Mount Laurel,
New Jersey -- report on competitive factors.
Submitted, June 30, 1995.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

Application

S E C T I O N I - A P P L I C A T I O N S S U B J E C T TO
NEWSPAPER NOTICE ONLY
C o m m e n t P e r i o d E n d i n g D ate

N ONE

S E C T I O N II - A P P L I C A T I O N S SU B J E C T TO B O T H
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application

C o m m e n t P e r i o d E n d i n g Date

A n d o v e r Bancorp, Inc.,
Newspaper
Andover, M A a n d A n d o v e r
B a n c o r p of N e w Hampshire,
Inc., Concord, N e w H a m p s h i r e
- 3 (a) (1)/3(a) (3) a p p l i c a t i o n
to ac q u i r e A n d o v e r B a n k N e w
Hampshire, Salem, N e w
Hampshire, a de n o v o bank* *

07-28-95
F e deral R e g i s t e r
Not Yet E s t a b l i s h e d

S E C T I O N III - A P P L I C A T I O N S S U B J E C T TO
FEDERAL REGISTER NOTICE ONLY
Application

Co m m e n t P e r i o d E n d i n g D ate
N ONE

SE C T I O N IV - A P P L I C A T I O N S N O T S U B J E C T TO
F E D E R A L R E G I S T E R OR N E W S P A P E R N O T I C E
Application
NON E

*Subject to CRA.
**Rating Definitions:
" 0 ” - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Subs t a n t i a l N o n compliance.




"N"

S E C T IO N V -

Institution




A V A IL A B IL IT Y

OF CRA P U B L IC E V A LU A TIO N S

Examination Date

NONE

Rating**

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Tompkins County Trustco., Inc., Ithaca, New York, to become
a bank holding company by acquiring all of the common shares
of Tompkins County Trust Company, Ithaca, New York. 1/
7/20/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
N one.

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
N one.

SECTION IV
Applications Not Involving
______ Public Comment______
None.

1/ Subject to the provisions of the Community Reinvestment Act.




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

Week Ending July 8, 1995
NAME OF BANK

RATING

EXAMINATION DATE

|W |tO |H

None.

/
/
/

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 Availables




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
Bank of Mid-Jersey/ Bordentown, New Jersey to establish an in-store branch office in the
ShopRite Supermarket located at Routes 206 and 518, Montgomery Township, New Jersey,
pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:

07/25/95

SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
USABancShares, Inc., Philadelphia, Pennsylvania to become a bank holding company through
the acquisition of 100% of the voting shares of Peoples Thrift Savings Bank, Norristown,
Pennsylvania, pursuant to Section 3(a)(1) of the Bank Holding Company Act.
Newspaper comment period expires:
Federal Register comment period expires:

08/01/95
08/04/95

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR
NEWSPAPER NOTICE




NONE

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 July 7,
1995.
Identification of Ratings
In connection with the assessment of each insured depository institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and 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 recoid 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

None

None

None




F ederal Reserv e B ank
of

Cleveland

P. 0 . BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending July 8,1995)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received Section 18(c) application from Fifth Third Bank,
Cincinnati, Ohio, on June 12,1995, to acquire 12 Dayton,
Ohio, area branches o f PNC Bank, Ohio, N.A., Cicninnati,
Ohio, and, incident thereto, establish branch facilities pursuant
to Section 9 o f the Federal Reserve Act.

* July 12,1995

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
Received Section 3(a)(1) application from Marblehead Bancorp,
Marblehead, Ohio, on July 3, 1995, to acquire The Marblehead
Bank, Marblehead, Ohio.

*N: August 7, 1995

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

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(July 7, 1995)

The following state member banks have been examined by the Federal Reserve Bank o f
Cleveland for compliance with The Community Reinvestment Act. A public evaluation document
became available from the bank(s) listed below during the week ended June 30, 1995. If you are
interested in obtaining a copy o f 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 o f its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SA TISFA C TO R Y : a bank in this group has a satisfactory record o f ascertaining and
helping to meet the credit needs o f its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS T O IM PR O V E: a bank in this group needs to improve its overall record o f
ascertaining and helping to meet the credit needs o f its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NON CO M PLIA N CE: a bank 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.

NONE




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Triangle Bank, Raleigh, North Carolina,
to acquire three branches of NationsBank
National Association (Carolinas), Charlotte,
North Carolina, one located in Havelock, and
two located in Tarboro, North Carolina.*

7-14-95

Summit Financial Corporation, Greenville,
South Carolina, to acquire Courtesy
Management Corporation, St. George, South
Carolina, and to continue to engage in
consumer finance activities.

7-14-95

Signet Bank/Virginia, Richmond, Virginia,
to establish an Electronic Funds Transfer
Facility at 11 South 12th Street, Richmond,
Virginia.*

8-5-95

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
Application

Comment Period Ending Date

Wachovia Corporation, Winston-Salem, North
Carolina, to engage in acting as investment
or financial adviser; providing foreign
exchange advisory and transactional services;
and acting as intermediary for the financing
of commercial or industrial income-producing
real estate by arranging for the transfer of
title, control and risk of such real estate
project to one or more investors.

Not yet available.

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

*Application is subject to CRA requirements.




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending July 7, 1995

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

Examination
Date____

Rating

The Bank of Romney
Route 5
Romney, West Virginia 26757

4-17-95

Outstanding

F & M Bank-Martinsburg
131 South Queen Street
Martinsburg, West Virginia 25401

4-17-95

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 7. 1995

Se c t i o n 1 - A p p l i c a t i o n s
Application

S u bject to N e w s p a p e r N o t i c e O n l y
Comment P e riod E n ding Date

None.

Se c t i o n 2 - A p p l i c a t i o n s Su b j e c t to B o t h
N e w s p a p e r and F e deral R e g i s t e r N o t i c e
Application

Comment P e riod Ending Date

None.

Section 3 - Applications
Application

Subject to Fe d e r a l R e g i s t e r O n l y
C o mment P e r i o d Endi n g Date

B a n c T e n n Corp.
07-25-95
Kingsport, T e n n e s s e e
To acquire Tennessee General Corporation, J o h n s o n City, Tennessee,
and t h e r e b y engage in data p r o c e s s i n g activities, p u r s u a n t to
S ection 4(c) (8) of the B a n k H o l d i n g C o m p a n y A c t a n d S e c t i o n
2 2 5 . 2 5 ( b ) (7) of R e g u l a t i o n Y.

S e ction 4 - A p p l i c a t i o n s Not S ubject to
Federal R e g i s t e r N o t i c e or N e w s p a p e r N o t i c e
Application
A l i a n t B a n k of A l e x a n d e r C i t y
A l e x a n d e r City, A l a b a m a
To b e c o m e a m e m b e r of the F e deral R e s e r v e System, p u r s u a n t to
S ection
9
of the
F e deral R e s e r v e A c t a n d S e c t i o n
208.4
of
R e g u l a t i o n H. (As p r o p o s e d s u c c e s s o r to Fi r s t N a t i o n a l B a n k of
A l e x a n d e r City.)
Elmore C o u n t y B a n k
Wetumpka, A l a b a m a
To b e c o m e a m e m b e r of the F ederal R e s e r v e System, p u r s u a n t to
Section
9
of the
F ederal R e s e r v e A c t a n d S e c t i o n
208.4
of
R e g u l a t i o n H.
(As p r o p o s e d s u c c e s s o r to E l m o r e C o u n t y N a t i o n a l
B a n k .)*

*Subject to p r o v i s i o n s of the C o m m u n i t y R e i n v e s t m e n t Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 7, 1995
Se c t i o n 4 - A p p l i c a t i o n s N o t S ubject to
Fe d e r a l R e g i s t e r N o t i c e or N e w s p a p e r N o t i c e
Application
First M o n t g o m e r y B a n k
Montgomery, A l a b a m a
To b e c o m e a m e m b e r of the Federal R e s e r v e System, p u r s u a n t
S e c t i o n 9 of the Fe d e r a l R e s e r v e A c t a n d S e c t i o n 208.4 of
R e g u l a t i o n H.




to

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending July 7. 1995

S e c t i o n 10 - A v a i l a b i l i t y of C R A Public E v a l u a t i o n s

The C R A p u b l i c eval u a t i o n s of the i n s u r e d d e p o s i t o r y i n s t i tutions
listed b e l o w became availa ble during this week.
Information about
an ins t i t u t i o n ' s C R A e v a l u a t i o n m a y be o b t a i n e d d i r e c t l y from the
institution.
In connection w i t h the assessment of an institution's
C R A performance, a r a t i n g is a s s i g n e d from the f o l l o w i n g groups:

Outstanding

record of meeting community credit needs:
An
i n s t i t u t i o n has an o u t s t a n d i n g r e c o r d of, and is a leader in,
a s c e r t a i n i n g and h e l p i n g to meet the cred i t nee d s of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods,
in a m a n n e r co n s i s t e n t w i t h its r e s o u r c e s and
capabilities.
Satisfactory

record

of

meeting

community

credit

needs:

An
inst i t u t i o n has a s a t i s f a c t o r y r e c o r d of a s c e r t a i n i n g a n d h e l p i n g
to m e e t the credit needs of its e n tire d e l i n e a t e d community,
inclu d i n g low- a n d m o d e r a t e - i n c o m e neighborhoods,
in a m a n n e r
c o n s istent w i t h its resou r c e s and capabilities.

Needs to improve record of meeting community credit needs:

An
institution needs to improve its overall r e cord of ascert a i n i n g and
helping
to m e e t
the
credit
needs
of
its
enti r e
delineated
community, including low- a n d m o d e r a t e - i n c o m e neighborhoods, in a
m a n n e r co n s i s t e n t w i t h its resources a n d capabilities.

Substantial noncompliance in meeting community credit needs:

An
i n s t i t u t i o n has a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of a s c e r t a i n i n g
and h e l p i n g to m e e t the credit nee d s of its e n tire d e l i n e a t e d
community, inclu d i n g low- a n d m o d e r a t e - i n c o m e neighborhoods, in a
m a n n e r c o n s i s t e n t w i t h its resources a n d capabilities.
Examination
Bank
None.




Rating

Date

Federal Reserve Bank of Chicago
S e c t i o n I - A p p l i c a t i o n s Su b i e c t to N e w s p a p e r
Notice Onlv

C o m m e n t Period
E n d i n q Datp

Type

Application

Membership

L i b e r t y v i l l e B a n k & Trust C o m p a n y
L i bertyville, Ill i n o i s (in organization)
To b e c o m e a m e m b e r of the Fe d e r a l R e s e r v e
System

N

Branch

North Shore Community Bank & Trust Company
Wilmette, I l l inois
722 1 2 t h St r e e t
Wilmette, I l l inois

NP

Branch

Community State Bank
Avilla, Indi a n a
115 E. M a i n St r e e t
Albion, Indi a n a

N P - 7-22-95

EF T

H a r r i s Tru s t a n d S a v i n g s B a n k
NP
Chicago, I l l inois
2 E F T ’ at L o y o l a U n i v e r s i t y B u s i n e s s School
s
25 East P e a r s o n Street
Chicago, Illinois

Membership

Security Savings Bank
E a g l e Grove, Iowa
to b e c o m e a m e m b e r of the Fe d e r a l R e s e r v e
System

N P - 7-21-95

Branch

B a n k of P o n t i a c
Pontiac, Illinois
1703 W e s t R e y n o l d s Street
Pontiac, Illinois

NP

- 7-29-95

Branch

H i n s b r o o k B a n k & Trust
Willowbrook, Illinois
718 O g d e n A v e n u e
D o w n e r s Grove, Illinois

NP

- 7-7-95

Y-l N o t i c e

C.B. B a n k Shares, Inc.
F R - 7-17 - 9 5
Russiaville, I n d i a n a
N P - 6-23-95
Central Ban k
Russiaville, Indiana* (formerly Central N a t i o n a l
B a n k of H o w a r d County)

Branch

Liberty Bank
Milwaukee, W i s c o n s i n
312 East S i l v e r S p r i n g Drive
W h i t e f i s h Bay, W i s c o n s i n




- 7-14 - 9 5

NP

- 7-10-95

- 8-1-95

- 7-21-95

Federal Reserve Bank of Chicago
S e c t i o n I - A p p l i c a t i o n s Su b j e c t to N e w s p a p e r
Notice Only
Continued
Co m m e n t P e r i o d
E n d i n g D ate

Type

Application

EFT

Comerica Bank
Detroit, M i c h i g a n
K r o g e r S tore
23001 M i c h i g a n A v e n u e
Dearborn, M i c h i g a n

Merger/Branch

Security Savings Bank
NP - **
Farhamville, Iowa
to a c q u i r e the assets and a s s u m e the
d e p o s i t l i a b i l i t i e s of the Harcourt, Iowa
a n d Lehigh, Iowa o f f i c e s of B o a t m e n ’ B a n k of
s
Fort Dodge, Fort Dodge, Iowa a n d to e s t a b l i s h
b r a n c h e s at 127 Sou t h A s h Street,
Harcourt, Iowa and 116 M a i n Street,
Lehigh, Iowa

Branch

B a n k of L a k e v i e w
Lakeview, M i c h i g a n
10049 B u c h a n a n Roa d
Stanwood, M i c h i g a n

NP

Merger

B a n k of O a k f i e l d
Oakfield, W i s c o n s i n
V a n Dyne B r a n c h of M&I Central Sta t e B a n k
Ripon, W i s c o n s i n

NP - **




NP

- 7-23-95

-8-5-95

Federal Reserve Bank of Chicago
S e c tio n

II

-

A p p l i c a t i o n s S u b je c t t o B o th N e w s p a p e r an d F e d e r a l
R e g is t e r N o tic e

C o m m e n t Pe r i o d
E n d i n g D ate

Type

Application

Y-l

L i b e r t y v i l l e Bancorp, Inc.
L a k e Forest, Ill i n o i s
L i b e r t y v i l l e B a n k & Trust C o m p a n y
Li b e r t y v i l l e , Illinois* (in organization)

Y-l

A. E. Bancorp,
Inc.
B u f f a l o Grove, Illi n o i s
A m e r i c a n E n t e r p r i s e Bank
B u f f a l o Grove, Illinois*

FR - 7-21 - 9 5
N P - 7-14-95

FR - 7-21-95
NP - 7-16-95
(in organization)

Y-2

Lincoln Bancorp
Reinbeck, Iowa
Garwin Bancorporation
Garwin, Iowa
Farmers Savings Bank
Garwin, Iowa*

CoC-HC

Fir s t C o m m u n i t y Bancshares,
Milton, W i s c o n s i n
J o h n C. B r a d s h a w

Y-2

Shorebank Corporation
Chicago, I l l i n o i s
U.S. B a n k of S o u t h w e s t W a s h i n g t o n
Vancouver, W a s h i n g t o n *

FR - 8-4-95
NP - **

Y-2

C o l f a x Bancshares, Inc.
Victor, Iowa
Maxwell Bancorporation
M a x w e 11, Iowa
M a x w e l l St a t e B a n k
M a x w e 11, Iowa *

FR - 8-4-95
NP - **

Y-l

Barlow Banking Corporation
Iowa Falls, Iowa
Iowa Fal l s Sta t e B ank
Iowa Falls, Iowa*

FR - 8-4-95
N P - **

CoC-HC

Kent Bancshares, Inc.
Kent, Illinois
b y V i r g i l L. B o c k n e r & D e l m a r Kampen

FR - **
* *
NP




FR - 7-10 - 9 5
NP - 8-7-95

Corp.

FR - 7-17-95
NP - **

F e d e ra l
S e c tio n

II

-

R e s e rv e

A p p lic a t io n s

Bank o f

S u b je c t

to

C h ic a g o

B o th N e w s p a p e r an d F e d e r a l

Register Notice

Co m m e n t P e r i o d
E n d i n g Dat e

Type

Application

Y-l

A m e r i c a n Bancshares, Inc.
Holstein, Iowa
A m e r i c a n N a t i o n a l Bank
Holstein, Iowa*

FR - 8-10-95
NP - **

Y-2

F&M B a n c o r p o r a t i o n , Inc.
Kaukauna, W i s c o n s i n
P e o p l e s Sta t e B a n k of B l o o m e r
Bloomer, W i s c o n s i n *

FR - **
NP - **

Y-2

Ida G r o v e Bancshares, Inc.
Ida Grove, Iowa
A m e r i c a n Bancshares, Inc.
Holstein, Iowa
A m e r i c a n N a t i o n a l B ank
Holstein, Iowa*

FR - 8-10-95
NP - **

Y-l

O l y m p i a Ba n c o r p o r a t i o n , Inc. E m p l o y e e
Stock Owners
C h i c a g o Heights, Illinois
O l y m p i a Bancorporaton, Inc.
C h i c a g o Heights, Illinois
H e r i t a g e O l y m p i a Ban k
C h i c a g o Heights, Illinois*

FR - 8-11-95
NP - 8-9-95

Y-l

Philipps Investment Limited Partnership
S p r i n g Hill, F l o r i d a
G r a t i o t Bancshares, Inc.
Gratiot, W i s c o n s i n
G r a t i o t Sta t e B a n k
Gratiot, W i s c o n s i n *

FR - **
NP - 7-22-95

Y-2

Shorebank Corporation
Chicago, Illinois
Indecorp, Inc.
Chicago, I l l inois
I n d e p e n d e n c e B a n k of Chic a g o
Chicago, Illinois
Drexel National Bank
Chicago, Illinois*

FR - **
NP - **

Y-2

B e a m a n Bancshares, Inc.
Beaman, Iowa
Producers Savings
G r e e n Mountain, Iowa*

FR - **
NP - **




Federal Reserve Bank of Chicago
S e c t i o n III

- A p p l i c a t i o n s Su b j e c t to Federal R e g i s t e r
Notice Only

C o m m e n t Period
E n d i n g Date

lyee

Application

4(c) (8)

St. F r a n c i s C a pital C o r p o r a t i o n
FR - **
Milwaukee, W i s c o n s i n
to e n g a g e in the sale of a n n u i t i e s t h r o u g h
its subsidiary, St. Fr a n c i s Ins u r a n c e
S e r v i c e s Corp., Milwaukee, W i s c o n s i n

4 (c) (8)

Lincoln Bancorp
Re i nbe c k , Iowa
G a r w i n I n surance
Garwin, Iowa

FR - 7-10-95

4 (c) (8)

GNB B a n c o r p o r a t i o n
G r u n d y Center, Iowa
G N B F i n a n c i a l Co.
G r u n d y Center, Iowa

FR - 7-10-95

4(c) (8)

Fir s t B u s i n e s s Bancshares, Inc.
FR - 7-10-95
Madison, W i s c o n s i n
To e n g a g e in c o m m ercial finan c i a l lend i n g
a n d l e a s i n g a c t i v i t i e s t h r o u g h its subsidiary,
First M a d i s o n Capital Corp., Madison, W i s c o n s i n

4 (c) (8)

Ca r r o l l C o u n t y Bancshares, Inc.
Carroll, Iowa
to own and o p e r a t e a finance c o m p a n y
t h r o u g h its subsidiary, Carroll Credit,
Carroll, Iowa

FR - 7-12-95

Inc.

4 (c) (8)

W i s c o n s i n B a n k Services, Inc.
B l a c k R i v e r Falls, W i s c o n s i n
to e n gage in m a k i n g and s e r v i c i n g loans

4 (c) (8)

M i d s t a t e s Bancshares, Inc.
FR - 7-27-95
M i s s o u r i Valley, Iowa
to enga g e in investment a d v i s o r y s ervices thru
M i d s t a t e s Finan c i a l Services, Inc.
Harlan, Iowa

4 (c) (8)

P r i n c e t o n / L e C l a i r e Agency, Inc.
Princeton, Iowa
to e n g a g e in l e asing a c t i v i t i e s




FR

FR - 7-14-95

7-25-95

Federal Reserve Bank of Chicago
S e c t i o n III

- A p p l i c a t i o n s S ubject to F e d e r a l R e g i s t e r
Notice Only

Comment Period
E n d i n g D ate

Type

Application

4(c) (8)

Horizon Bancorp
FR
M i c h i g a n City, Indiana
to e n g a g e de n o v o in c o n s u m e r fina n c e
a n d m o r t g a g e l e nding t h r o u g h its subsidiary,
The L o a n Store, Inc., M i c h i g a n City, Indi a n a

- 7-27-95

4(c) (8)

G a r r e t t B a n c s h a r e s Ltd.
Bloomfield, Iowa
to e n g a g e de n o v o in m a k i n g a n d s e r v i c i n g
loans

FR

- **

4 (c) (8)

C e n t r a l I llinois Financial Co., Inc.
Champaign, Illinois
B a n k l l l i n o i s Trust Co.
Champaign, Illinois & to p r o v i d e trust
s e r v i c e s as an Illinois Trust C o m p a n y

FR - **

4 (c) (8)

West Bend Bancorp
FR W e s t Bend, Iowa
to form w h o l l y - o w n e d sub., S e c u r i t y I n surance
Inc., to u n d e r t a k e the sale of i n s u r a n c e in
W e s t Bend, Iowa




**

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

Ty p e

Application
-None-

N
- Newspaper
FR - Federal R e g i s t e r
* - S u bject to P r o v i s i o n s of C o m m u n i t y R e i n v e s t m e n t Act
* * - Not a v a i l a b l e at this time




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING JULY 7, 1995

A d d Iication

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

None.

A p p I ication

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

*Section 3(a)(5) application by Old National
Bancorp, Evansville, Indiana, to acquire Shawnee
Bancorp, Inc., Harrisburg, Illinois.

Newspaper:

7/31/95

*Section 4(c)(8) notification by First Banks,
Inc., St. Louis, Missouri, to acquire La
Cumbre Savings Bank, F.S.B., Santa Barbara,
California.

Newspaper:

7/25/95

Change in control notification involving
Lauderdale County Bancshares, Inc., Halls,
Tennessee, by Rebecca C. McWilliams (previously
reported during week ending 6/30/95).

Federal Register:

7/21/95

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
A p p Iication
End of Comment Period

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

OR NEWSPAPER NOTICE
AppIication
None.

*This application is subject to CRA.




End of Comment Period

FED ER A L R E SE R V E BANK O F ST. LO U IS
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 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.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record o f ascertaining and helping to meet the
credit needs o f its entire delineated community, including low - and moderate- income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record o f ascertaining and helping to
m eet 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 o f ascertaining and helping to
m eet the credit needs o f its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None.




July 7, 1995

Bank Address

Examination
Date

Examination
Rating

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

Application
NONE.

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

Application

Comment Period
Ending Date

Norwest Corporation, Minneapolis, Minnesota,
to acquire 100% of the voting shares of State
National Bank, El Paso, Texas*

August 4, 1995
(Federal Register)

Kandiyohi Bancshares, Inc., Kandiyohi, Minnesota,
to acquire 100% of the the voting shares of
Cosmos Bancorporation, Inc., Cosmos, Minnesota*

Augus t 4, 1995
(Federal Register)

Yellow Medicine Bancshares, Inc., Granite
Falls, Minnesota, to acquire 100% of the
voting shares of Echo Bancshares,
Echo, Minnesota*

August 7, 1995
(Federal Register)

Commercial Bank of Mott Employee Stock
Ownership Plan-Stock Ownership Trust,
Mott, North Dakota, to acquire 51% of
Commercial Bank of Mott, Mott, North Dakota*

Not yet available

Mott Bancshares, Inc., Mott, North Dakota,
to acquire 49% of Commercial Bank of Mott,
Mott, North Dakota*

Not yet available

*Subiect to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending July 7, 1995

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 moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

BANK(S) EXAMINED
NONE.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank o f Kansas City

SE C T IO N I - A PPLICA TIO N S SUBJECT TO N EW SPA PER N O T IC E ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

P e i r B n , L n x , K n a , frpi ra p o a t
r m e a k e e a a s s o ro p r v l o
ivs a a d t o a $ 0 0 0 i b n p e i e .
net n d i i n l 5 , 0 n a k r m s s

Not A a l b e
vial

SECTIO N II - APPLICATIONS SU BJECT T O B O TH
N EW SPA PER AND FEDERAL R E G IST E R N O T IC E

APPLICATION

COMMENT PERIOD ENDING DATE

C e r C e k Bank C r . I a o S r n s C l r d ,
la r e
o p , d h pig, o o a o
frp i r a p o a t o g n z ab n i A g i l ,
o ro p r v l o r a i e a k n nula
BiihWest Ide. The name o teb n wl b
rts
nis
f h a k il e
D t b n I t rainlL d
a a a k n entoa t .
F r t a k H l i g Company o C l r d E p o e
isBn o d n
f ooao m l y e
S o k O n r h p P a a d iss b i i r F r t a k
t c w e s i l n n t usday i s B n
H l i g Company o C l r d , b t o L k w o ,
odn
f ooao oh f a e o d
C l r d , f rp i ra p o a t a q i e 1 0 p r e t
o o a o o ro p r v l o c u r 0 e c n
o tev t n s a e o F r t a k o C l r d
f h o i g hrs f i s B n f o o a o
S r n s C l r d S r n s C l r d , ad n v
pig, o o a o pig, o o a o e o o
bn.
ak*

Not A a l b e
vial

Ags 4 19
uut , 95

SEC T IO N III - A PPLICA TIO N S SUBJECT TO FED ER A L R E G IS T E R N O T IC E
ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

M u t i P r sFnnilC r . D n e , C l r d ,
o n a n a k iaca o p , e v r o o a o
frp i ra p o a t e g g d n v t r u his
o ro p r v l o n a e e o o h o g t
sbiir, M u t i P r s M r g g C . D n e ,
usday o n a n a k o t a e o , e v r
C l r d , i teb s n s o m k n , a q i i g a d
o o a o n h u i e s f a i g curn n
s r i i g rsdnilm r g g s a a a p o e HUD
e v c n eieta o t a e s n p r v d
mrgge
otae.




Jl 2, 1 9
uy 1 9 5

Federal Reserve Bank o f Kansas City

SE C T IO N IV - A PPLIC A TIO N S N O T SU BJECT TO FED ER A L R E G IS T E R N O T IC E
O R N EW SPAPER N O TIC E
APPLICATION
None.

SE C T IO N V - AVAILABILITY O F CRA PU BLIC EV A LUA TIO N S

Identification of Ratings
In connection with the assessment of each insured depository institution’s CRA perform ance, a
rating is assigned from the following groups:

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

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

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

Bank/I ncation
None.
*
 Application


is subject to CRA.

Exam Date

CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JULY 3, 1995

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

None.

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 JULY 3. 1995
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank

None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

W eekending 07/07/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Valliwide Bank, Fresno, California, to merge with
El Capitan National Bank, Sonora, California, with
Valliwide Bank as the survivor. *

Newspaper:

07/31/95

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Robert G. Sarver, Scottsdale, Arizona, et al, to acquire
Bancomer Holding Company, Los Angeles, California,
which owns Grossmont Bank Los Angeles, California. *

Newspaper:

Not Available

Fed. Reg.:

Not Available

ValliCorp Holdings, Inc., Fresno, California, to acquire
El Capitan Bancshares, Inc., Sonora, California. *

Newspaper:

07/31/95

Fed. Reg.:

08/07/95

Section III -Applications Subject to Federal Register Only
Bancorp Hawaii, Inc., Honolulu, Hawaii, to engage
de novo in making equity and debt investments to
promote community welfare through its subsidiary,
First Federal Savings and Loan Association of
America, Honolulu, Hawaii. *

Fed. Reg.:

07/20/95

First Hawaiian, Inc., Honolulu, Hawaii, to engage
de novo in making community welfare investments
through Pioneer Federal Savings Bank and First
Hawaiian Credit Corp., Inc., both of Honolulu, Hawaii. *

Fed. Reg.:

07/25/95

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 7/07/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during tire week ending
July 7, 1995. Information about a particular institution’s CRA evaluationmay be obtained directly from
the institution.
Institution

The Prineville
Bank

Location

422 North Beaver Street
Prineville, Oregon
97754

Examination Date

03/27/95

Rating*

Outstanding

(503) 447-4105

*Under the rating system an institution's CRA performance is assigned one of the following
four ratings:
O utstanding reco rd of m eeting com m unity 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 re c o rd of m eeting com m unity 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 im prove reco rd of m eeting com m unity credit needs: An institution needs to improve its
overall record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- to moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
S ubstantial noncom pliance in m eeting com m unity credit needs: An institution has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- to moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.




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