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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, NO. 9
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending March 4, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

m

nnm

m b

m inipn’g
Expansion of permissible affiliations between banks
and other financial services providers -- statement
by Chairman Greenspan before the House Committee on
Banking an* Financial Services, February 28, 1995.
Publish#*, February 28, 1995.

BANK BRANCHES. DOMESTIC
Manufacturers and Traders Trust Company, Buffalo, New
York - - t o establish branches at 3507 Mount Read
Boulevard, Town of Greece; 3740 Ridge Road; 2345
Buffalo Road, Town of Gates, 1100 Jefferson Road,
Town of Henrietta; 1900 Clinton Avenue; Town of
Brighton, 734 South Panorama Trail; Town of
Penfield; and 1854 Empire Boulevard, Town of
Webster, all in Monro# County, New York.
Approved, February 27, 1995.
BANK HOLDING COMPANIES




Banc On# Corporation, Columbus, Ohio; CoreStates
Financial Corp, Philadelphia, Pennsylvania; PNC
Bank Corp. Pittsburgh, Pennsylvania; KeyCorp,
Cleveland, Ohio - - t o acquire certain assets of
National City Corporation, Wilmington, Delaware,
and for National City to acquire shares of
Electronic Payment Services, Inc., and for KeyCorp
to increase ownership in EPS.
Approved, March 1, 1995.
Cho Hung Bank, Seoul, Korea --to acquire Seoul Bank
of California, Los Angeles, California.
Approved, March 1, 1995.
Comerica, Inc., Detroit, Michigan, and Comerica
California Incorporated, San Jose, California -- to
acquire University Bank 5 Trust Company, Palo Alto,
California.
Approved, March 1, 1995.
Northern Trust Corporation, Chicago, Illinois, and
Northern Trust of Florida Corporation, Miami,
Florida - - t o acquire Beach One Financial Services,
Inc., Vero Beach, Florida, and The Beach Bank of
Vero Beach.
Approved, February 27, 1995.

H.2
FEBRUARY 27, 1995
PAGE 2

TO

MARCH 3, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
ENFORCEMENT
Bank of Forest, Forest, Mississippi -- written
agreement dated June 17, 1992, terminated:
November 10, 1994.
Announced, February 28, 1995.
Blackshear Bank, Blackshear, Georgia -- cease and
desist order dated December 28, 1992, terminated
February 14, 1995.
Announced, February 28, 1995.
Citizens Savings Bank Company, Pemberville, Ohio
written agreement dated December 8, 1993,
terminated October 13, 1994.
Announced, February 28, 1995.
Marathon Bank, Stephens City, Virginia -- written
agreement dated January 28, 1992, terminated
November 23, 1994.
Announced, February 28, 1995.
PanAmerican Bank, Coconut Grove, Florida -- written
agreement dated November 23, 1993, terminated
October 18, 1994.
Announced, February 28, 1995.
Premier Bank, Lenexa, Kansas -- cease and desist
order dated May 4, 1993, terminated December 22,
1994.
Announced, February 28, 1995.
Royal American Bank, Inverness, Illinois -- order of
removal and of prohibition against Daniel E.
Besler, Vice President.
Announced, February 28, 1995.
Sun City Bank, Sun City, Arizona -- cease and desist
order dated February 13, 1991, terminated
November 3, 1994.
Announced, February 28, 1995.
INTERNATIONAL OPERATIONS




Bank of America National Trust and Savings
Association, San Francisco, California, and
BankAmerica International Finance Corporation --to
make an investment in Bank of America Malaysia
Berhad, Kuala Lumpur, Malaysia.
Permitted, March 3, 1995.

H.2
FEBRUARY 27, 1995
PAGE 3

TO

MARCH 3, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Federal Reserve System, Purposes & Functions -revised and updated paperback book that explains
the structure and operations of the Federal Reserve
System.
Announced, March 2, 1995.
RESERVE BANK SERVICES
Payments system risk reduction -- increase in
daylight overdraft fee to 15 basis points,
effective April 13, 1995, instead of 20 basis
points, and evaluation of any need for further
increases in daylight overdraft fee (Docket R0806).
Approved, March 1, 1995.

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




Dallas

Bank of Houston, Houston, Texas -- to establish a
branch at 8002 Kirby.
Approved, March 3, 1995.

Chicago

Comerica Bank, Detroit, Michigan -- to establish a
branch at 4706Q Pontiac Trail. Walled Lake; 2319T
Marter Road, St. Clair Shores; 25780 Middlebelt,
Farmington Hills; 1625 Leonard, NE, Grand Rapids;
3518 Plainfield, NE; and 5270 Eastern Avenue, SE.
Approved, March 2, 1995.

H.2
FEBRUARY 27, 1995
PAGE 4

TO

MARCH 3, 1995

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

BANK BRANCHES, DOMESTIC
Chicago

Comerica Bank, Detroit, Michigan --t o establish a
branch at 5700 Beckley Road, Battle Creek,
Michigan, and 294 Highland Avenue.
Approved, March 2, 1995.

St. Louis

Du Quoin State Bank, Du Quoin, Illinois -- to
establish a branch at Highway 51, Tamora, Illinois.
Approved, February 27, 1995.

Richmond

FCNB Bank, Frederick, Maryland -- to establish an
electronic funds transfer facility at the Frederick
1-70 Truck Stop 10, East Walser Drive.
Approved, March 3, 1995.

New York

Merchants Bank of New York, New York, New York --to
establish a branch at 275 Madison Avenue.
Approved, February 27, 1995.

Chicago

Old Kent Bank, Elmhurst, Illinois --to establish a
branch at 1023 West 55th Street, Countryside, and
7515 Jones Avenue, Woodbridge, Illinois.
Approved, March 2, 1995.

New York

United Jersey Bank, Hackensack, New Jersey --to
establish an offsite electronic facility at
Meldisco, 933 MacArtnur Boulevard, Mahwah, New
Jersey.
Approved, March 1, 1995.

BANK HOLDING COMPANIES




Chicago

Albert City Bankshares, Inc., Albert City, Iowa -- to
acquire Citizens State Bank, Marathon, Iowa.
Approved, March 3, 1995.

Boston

Benjamin Franklin Bancorp, M.H.C., Franklin,
Massachusetts -- to acquire Benjamin Franklin
Savings Bank.
Approved, February 27, 1995.

St. Louis

Boatmen's Bancshares, Inc., St. Louis, Missouri --to
acquire West Side Bancshares, Inc., San Angelo,
Texas, and acquire Bank of the West.
Approved, March 1, 1995.

H.2
FEBRUARY 27, 1995
PAGE 5

TO

MARCH 3, 1995

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

BANK HOLDING COMPANIES




St. Louis

Carlinville National Bank Shares, Inc., Carlinville,
Illinois -- to acquire Macoupin County Community
Development Corporation, and engage de novo in
community development activities.
Permitted, February 28, 1995.

San Francisco

Cascade Bancorp, Inc., Auburn, Washington -- to
acquire Cascade Community Bank.
Approved, March 2, 1995.

Dallas

Central Louisiana Capital Corporation, Vidalia,
Louisiana -- to engage de novo in credit related
insurance activities through Community Credit
Centers, Inc., Lake Providence, Louisiana.
Permitted, March 2, 1995.

Secretary

Commerce Bancshares, Inc., Kansas City, Missouri, and
CBI-Illinois Corporation -- request for extension
of time to seek reconsideration of the Board's
approval of the application to acquire Peoples MidIllinois Corporation, Bloomington, Illinois, and
The Peoples Bank.
Denied, March 1, 1995.

Dallas

Cullen / Frost Bankers, Inc., San Antonio, Texas -to acquire Valley Bancshares, Inc., McAllen, Texas.
Approved, February 27, 1995.

New York

Deutsche Bank AG, Frankfurt (Main)
of Germany --to engage in trust
exchange, and consumer financial
Deutsche Bank Trust Company, New
Approved, March 3, 1995.

Dallas

First Bancorp, Inc., Denton, Texas -- to acquire
Shady Oaks Bancshares, Inc., Fort Worth, Texas, and
Shady Oaks National Bank.
Approved, March 1, 1995.

Kansas City

First Centralia Bancshares, Inc., Centralia, Kansas - to acquire Onaga Bancshares, Inc., Onaga, Kansas.
Approved, March 2, 1995.

Federal Republic
services, foreign
counseling through
York, New York.

H.2
FEBRUARY 27, 1995
PAGE 6

TO

MARCH 3, 1995

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

BANK HOLDING COMPANIES




Dallas

First Delaware Bancorp, Inc., Dover, Delaware -- to
acquire Shady Oaks Bancshares, Inc., Fort Worth,
Texas, and Shady Oaks National Bank.
Approved, March 1, 1995.

Richmond

IBW, Inc., Washington, D.C. -- to acquire Industrial
Bank, National Association.
Approved, March 2, 1995.

Atlanta

ISB Financial Corporation, New Iberia, Louisiana -to engage through Iberian Financial Services, Inc.
in investment and financial advisory activities and
securities brokerage activities.
Approved, March 1, 1995.

Philadelphia

MNB Corporation, Bangor, Pennsylvania -- to acquire
The Merchants National Bank of Bangor.
Approved, March 2, 1995.

Kansas City

Morrill Bancshares, Inc., Sabetha, Kansas -- to
acquire Onaga Bancshares, Inc.
Approved, March 2, 1995.

Chicago

National Bancorp, Inc., Melrose Park, Illinois -- to
provide data processing services through National
Bancorp Data Systems, Inc.
Permitted, March 3, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota --to
acquire the United Texas Financial Corporation,
Wichita Falls, Texas.
Approved, March 1, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
engage in mortgage lending through First Nations
National Bank of Kerrville, Kerrville, Texas.
Approved, March 2, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
engage in the brokerage service business through
Texas National Bank, Midland, Texas.
Approved, March 2, 1995.

H.2
FEBRUARY 27,
PAGE 7

1995

TO

MARCH 3,

1995

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

BANK HOLDING COMPANIES




Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
engage in mortgage lending activities through
Goldenbank, N . . Golden, Colorado.
A ,
Approved, March 2, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
engage in mortgage lending activities through
Community State Bank of Alexandria, Alexandria,
Minnesota.
Approved, March 3, 1995.

Dallas

Peoples Bancorp, Inc., Plano, Texas -- to acquire
Peoples Bancorp of Delaware, Inc., Dover, Delaware,
and Plano Bank St Trust, Plano, Texas.
Approved, February 28, 1995.

Dallas

Peoples Bancorp of Delaware, Inc., Dover, Delaware -to acquire Plano Bank & Trust, Plano, Texas.
Approved, February 28, 1995.

Philadelphia

Republic Bancorporation, Inc., Philadelphia,
Pennsylvania --to acquire Republic Bank.
Approved, March 3, 1995.

Secretary

SunTrust Banks, Inc., Atlanta, Georgia, and Sun
Banks, Inc., Orlando, Florida --to acquire Peoples
State Bank, New Port Richey, Florida.
Approved, February 28, 1995.

Atlanta

Synovus Financial Corp., Columbus, Georgia, and TB&C
Bancshares, Inc. -- to merge with Citizens St
Merchants Corporation, Douglasville, Georgia, and
acquire Citizens St Merchants State Bank.
Approved, March 3, 1995.

Dallas

T&A Bancshares, Inc., Texarkana, Texas -- to acquire
New Boston Bancshares, Inc., New Boston, Texas, and
First National Bank of New Boston.
Returned, March 3, 1995.

H.2
FEBRUARY 27, 1995
PAGE 8

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MARCH 3, 1995

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

BANK HOLDING COHPANIES




Dallas

Texas Financial Bancorporation, Inc., Minneapolis,
Minnesota --t o acquire Shady Oaks Bancshares,
Inc., Fort Worth, Texas, and Shady Oaks National
Bank.
Approved, March 1, 1995.

New York

Toronto-Dominion Bank, Toronto, Canada -- to acquire
Lancaster Financial Corporation, New York, New
York, and engage in investment advisory activities.
Approved, February 28, 1995.

Philadelphia

United Valley Bancorp, Inc., Philadelphia,
Pennsylvania --to acquire United Valley Bank.
Approved, March 1, 1995.

St. Louis

Warren County Bancshares, Inc., Warrenton, Missouri - to acquire Bay-Hermann-Berger Bank, Hermann,
Missouri.
Approved, March 2, 1995.

Chicago

West Plains Investors, Inc., Pleasant Plains,
Illinois -- to acquire Pleasant Plains State Bank.
Approved, March 1, 1995.

Chicago

Whitewater Bancorp, Inc., Whitewater, Wisconsin -- to
purchase loan participations and make direct loans.
Permitted, March 3, 1995.

St. Louis

Wilmot Bank Holding Company, Wilmot, Arkansas -- to
acquire Bank of Wilmot State Bank.
Approved, February 27, 1995.

San Francisco

WSB Bancorp, Bellingham, Washington -- to acquire
Whatcom State Bank.
Returned, February 28, 1995.

San Francisco

Zions Bancorporation, Salt Lake City, Utah -- request
for waiver of filing of application to merge with
First Western Bancorporation, Moab, Utah
Granted, March 3, 1995.

H.2
FEBRUARY 27, 1995
PAGE 9

TO

MARCH 3, 1995

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

BANK MERGERS




Chicago

Firstar Bank Illinois, Naperville, Illinois -- to
merge with All American Bank, Chicago; Colonial
Bank; Community Bank & Trust Company of Edgewater;
Avenue National Bank; First Colonial Bank
Southwest, Burbank; First Colonial Bank of McHenry
County, Crystal Lake; First Colonial Bank of
Downers Grove, Downers Grove; York State Bank,
Elmhurst; Fox Lake State Bank, Fox Lake; First
Colonial Bank / Highwood, Highwood; First Colonial
Bank / Mundelein, Mundelein; First Colonial Bank of
DuPage County, Naperville; First Colonial Bank
Northwest, Niles; First Colonial Bank / Northlake;
Avenue Bank of Oak Park, Oak Park; First Colonial
Bank / Rosemont, Rosemont, and First Colonial Bank
of Lake County, Vernon Hills, Illinois, and to
establish 30 branches.
Approved, March 1, 1995.

Chicago

Old Kent Bank, Elmhurst, Illinois
to merge with
Edgewood Bank, Countryside, Illinois, and to
establish branches.
Approved, M u c h 2, 1995.

Philadelphia

Republic Bank, Philadelphia, Pennsylvania -- to merge
with Republic Interim Bank*.
Approved, March 3, 1995.

Philadelphia

United Valley Bank, Philadelphia, Pennsylvania - - t o
merge with UVB Interim Bank.
Approved, March 1, 1995.

Atlanta

1st United Bank, Boca Raton, Florida --to merge with
Jupiter Tequesta National Bank, Tequesta, Florida.
Approved, March 2, 1999.

H.2
FEBRUARY 27, 1995
PAGE 10

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MARCH 3, 1995

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

CAPITAL STOCK
Chicago

Founders Bancorp, Inc., Scottsdale, Arizona -redemption of shares.
Approved, March 3, 1995.

CHANGE IN BANK CONTROL
Minneapolis

Dakota Western Bancshares, Inc., Bowman, North Dakota
-- change in bank control.
Permitted, March 1, 1995.

Atlanta

First Pikeville Bancshares, Inc., Pikeville,
Tennessee -- change in bank control.
Perm itted, March 3, 1995.

Atlanta

MGeorgia Bankshares, Inc., Hawkinsville, Georgia -change in bank control.
Permitted, March 2, 1995.

Minneapolis

Windom State Investment Company, Windom, Minnesota -change in bank control.
Permitted, February 28, 1995.

COMPETITIVE FACTORS REPORTS




St. Louis

Charter Bank, S.B., Sparta, Illinois, proposed
purchase of the assets and assumption of the
liabilities of the Du Quoin, Illinois, branch of
First of America Bank-Illinois, N.A., Bannockburn,
Illinois -- report on competitive i actors.
f
Submitted, March 3, 1995.

Dallas

Citizens State Bank, Gorman, Texas, proposed merger
with Security State Bank, Abilene, Texas -- report
on competitive factors.
Submitted, February 27, 1995.

Dallas

Citizens State Bank of Lometa, Lometa, Texas,
proposed merger with First State Bank, Temple,
Texas -- report on competitive factors.
Submitted, February 28, t995.

Richmond

City National Bank of Charleston, Charleston, West
Virginia, proposed merger with Peoples State Bank,
Eleanor, West Virginia -- report on competitive
factors.
Submitted, March 1, T995.

H.2
FEBRUARY 27, 1995
PAGE 11

TO

MARCH 3, 1995

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

COMPETITIVE FACTORS REPORTS




New York

Community Bank, National Association, Canton, New
York, proposed purchase of certain assets and
assumption of certain liabilities of 15 branches of
Chase Manhattan Bank, National Association, New
York, New York -- report on competitive factors.
Submitted, March 3, 1995.

Richmond

Farmers Bank, a Federal Savings Bank, Baltimore,
Maryland, proposed merger with MarylandsBank, FSB,
Towson, Maryland -- report on competitive factors.
Submitted, February 28, 1995.

Richmond

First Citizens-Bank & Trust Company, Raleigh, North
Carolina, proposed acquisition of the assets and
assumption of the liability to pay deposits of the
Bethlehem, Maiden, and Stoneville, North Carolina,
branches of First Union National Bank of North
Carolina, Charlotte, North Carolina -- report on
competitive factors.
Submitted, March 2, 1995.

Chicago

Firstar Bank of Minnesota, National Association,
Bloomington, Minnesota, proposed merger with
Investors National Bank, Wayzata, Minnesota -report on competitive factors.
Submitted, March 2, 1995.

Boston

Gardiner Savings Institution, FSB, Gardiner, Maine,
proposed acquisition of the Bath and Waterville,
Maine, branches of Casco Northern Bank, N.A.,
Portland, Maine -- report on competitive factors.
Submitted, March 3, 1995.

San Francisco

Household Bank (Nevada), N.A., Las Vegas, Nevada,
proposed acquisition of certain assets and
assumption of certain liabilities of Household Bank
(California), N.A., Salinas, California -- report
on competitive factors.
Submitted, March 2, 1995.

H .2
FEBRUARY 27, 1995
PAGE 12

TO

MARCH 3, 1995

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

COMPETITIVE FACTORS REPORTS




Chicago

Investors First Interim Bank, National Association,
Roseville, Illinois, proposed purchase of certain
assets and assumption of the deposit liabilities of
the Edina, Plymouth Road (Minnetonka), South
Highway (Minnetonka) and Roseville branches of
Investors Savings Bank, F.S.B., Wayzata, Minnesota
-- report on competitive factors.
Submitted, March 2, 1995.

Chicago

Investors National Bank, Wayzata, Minnesota, proposed
merger with Investors First Interim Bank, National
Association, Roseville, and Investors Second
Interim Bank, National Association, Minneapolis,
Minnesota -- report on competitive factors.
Submitted, March 2, 1995.

Chicago

Investors Second Interim Bank, National Association,
Minneapolis, Minnesota, proposed purchase of
certain assets and assumption of the deposit
liabilities of the Minneapolis, Brooklyn Center,
and St. Louis Park branches of Investors Savings
Bank, F.S.B., Wayzata, Minnesota -- report on
competitive factors.
Submitted, March 2, 1995.

Chicago

M&I Bank of Janesville, Janesville, Wisconsin,
proposed merger with M&I Bank of Cambridge,
Cambridge, Wisconsin -- report on competitive
factors.
Submitted, March 2, 1995.

Chicago

M&I Central Bank & Trust, Marshfield, Wisconsin,
proposed merger with M&I National Bank of
Neilsville, Neilsville, Wisconsin -- report on
competitive factors.
Submitted, March 2, 1995.

Chicago

M&I First American National Bank, Wausau, Wisconsin,
proposed merger with M&I Bank of Mosinee, Mosinee,
Wisconsin -- report on competitive factors.
Submitted, March 2, 1995.

H.2
FEBRUARY 27, 1995
PAGE 13

TO

MARCH 3, 1995

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

COMPETITIVE FACTORS REPORTS




St. Louis

Mercantile-Bank of Boone County, Columbia, Missouri,
Mercantile Bank of Lake of the Ozarks, Eldon;
Mercantile Bank of Monett, Monett; Mercantile Bank
of Missouri Valley, Richmond; Mercantile Bank of
Phelps County, Rolla; and Mercantile Bank of
Springfield, Springfield, Missouri, proposed
purchase of the assets and assumption of the
liabilities of various branches of United Savings
Bank, Lebanon, Missouri -- report on competitive
factors.
Submitted, March 3, 1995.

Chicago

Mid-City National Bank of Chicago, Chicago, Illinois,
proposed merger with Peoples Federal Savings and
Loan Associates of Chicago -- report on competitive
factors.
Submitted, March 2, 1995.

San Francisco

Southern California Bank, Anaheim, California,
proposed acquisition of certain assets and
assumption of certain liabilities of Independence
One Bank of California, F.S.B., Mission Viejo,
California -- report on competitive factors.
Submitted, February 28, 1995.

Chicago

Suburban Bank of Elmhurst, Elmhurst, Illinois,
proposed merger with Subelm State Bank -- report on
competitive factors.
Submitted, March 2, 1995.

St. Louis

Union Planters Bank of East Tennessee, N.A.,
Knoxville, Tennessee, proposed merger with Security
Trust Federal Savings and Loan Association, Inc. -report on competitive factors.
Submitted, March 2, 1995.

H. 2
FEBRUARY 27, 1995
PAGE 14

TO

MARCH 3, 1995

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

EXTENSIONS OF TINg




Chicago

Associated Banc-Corp, Green Bay, Wisconsin
extension to June 14, 1995, to serve as trustee for
personal trusts, investment agency accounts,
employee benefit plans and as trustee for Illinois
Land Trusts through Associated Trust Company of
Illinois, Inc., Chicago, Illinois.
Granted, March 1, 1995.

San Francisco

BankAmerica Corporation, San Francisco, California
extension to divest certain property.
Granted, March 2, 1995.

San Francisco

Sakura Bank, Ltd., Tokyo, Japan -- extension to
divest certain property.
Granted, March 2, 1995.

Chicago

Shoreline Financial Corporation, Benton Harbor,
Michigan -- extension to May 30, 1995, to acquire
certain assets and assume deposit liabilities of
the South Haven branch of Great Lakes Bancorp, a
federal savings bank, South Haven, Michigan.
Granted, February 28, 1995.

At 1amt a

TB&C Bancshares, Inc., Columbus, Georgia -- extension
to June 2, 1995, to lease voting rights of Synovus
Financial Corp.
Granted, March 1, 1995.

San Francisco

Tokai Bank, Limited, Nagoya, Japan -- extension to
divest certain property.
Granted, March 2, 1995.

H.2
FEBRUARY 27, 1995
PAGE 15

ADDITIONS AND CORRECTIONS
TO

MARCH 3, 1995

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

BANK BRANCHES. DOMESTIC
Chicago

Old Kent Bank, Grand Rapids, Michigan -- to establish
a branch at 248 Culver, Saugatuck, Michigan.
Returned, February 24, 1995.

Secretary

University Bank & Trust Company, Palo Alto,
California --t o establish a branch at 275 Third
Street, Los Alto, California.
Approved, January 17, 1995.

BANK HOLDING COMPANIES
Chicago

Ida Grove Bancshares, Inc., Ida Grove, Iowa -- to
acquire American National Bank, Holstein, Iowa.
Approved, February 23, 1995.

BANKS. FOREIGN




San Francisca

Instituto Bancario San Paolo DI Torino SPA, Torino,
Italy -- agreement pursuant to section 8 of the
Securities and Exchange Act of 1934 concerning
extensions of credit to securities brokers and
dealers.
Approved, February 22, 1995.

H.2
FEBRUARY 27, 1995
PAGE 16

ADDITIONS AND CORRECTIONS
TO

MARCH 3, 1995

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

COMPETITIVE FACTORS REPORTS
Chicago

American National Bank, Holstein, Iowa, proposed
purchase of the assets and assumption of the
liabilities of the Galva branch of Ida County State
Bank, Ida Grove, Iowa -- report on competitive
factors.
Submitted, February 23, 1995.

Atlanta

Bank of East Tennessee, Morristown, Tennessee,
proposed purchase of certain assets and assumption
of the liability to pay deposits of the Greenville,
Tennessee, and Morristown, Tennessee, branches of
Security Trust Federal Savings and Loan
Association, Knoxville, Tennessee -- report on the
competitive factors.
Submitted, February 22, 1995.

Atlanta

Citzens Bank, Cookeville, Tennessee, proposed merger
with DeKalb County Bank & Trust Company,
Alexandria, Tennessee -- report on competitive
factors.
Submitted, February 24, 1999.

EXTENSIONS OF TIM!




Minneapolis

West Concord Bancshares, Inc., West Concord,
Minnesota -- extension to May 24, 1995, to engage
in making loams for its own account.
Granted, February 24, 1995.

FEDERAL RESERVE BANK OF BOSTON A P P L IC A T IO N S
Application

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date

NONE

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

Comment Period Ending Date

Executive Auto Lease, Inc.,
Andover, MA - 3(a)(l)/4(c)(8)
application to acquire
Southern New Hampshire Bank
and Trust C o . Salem, New
,
Hampshire*

Newspaper

Not Yet Established

Federal Register

Not Yet Established

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

Institution

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Examination Date
Rating**
NONE

*Subject to CRA.
**Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
Improve; “SN" - Substantial Noncompliance.




"N“ - Needs to

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
__________ Notice Only__________
Marine Midland Bank, Buffalo, New York to establish a branch
at 4191 North Buffalo Street, Orchard Park, New York.l/
3/25/95
United Jersey Bank, Hackensack, New Jersey to establish a
branch at 250 Moore Street, Hackensack, New Jersey.1/

3/26/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Union Bank of Switzerland, Zurich, Switzerland, to acquire
through its wholly-owned indirect subsidiary, UBS Securities,
Inc., New York, New York, one voting share (representing 2
percent of total equity) of Government Pricing Information
System, Inc., New York, New York, a de novo information
systems company that engages in obtaining and providing timesequential reporting of bid and asked and last-completed
trade information concerning securities issued by the United
States Treasury, Agency Securities and Zero Coupon
Securities.
3/13/95
Deutsche Bank AG, Frankfurt, Federal Republic of Germany to
acquire 100 percent of the voting shares of ITT Business
Services Corporation, and ITT Commercial Finance Corporation,
a Puerto Rico corporation, and thereby to engage indirectly
in making and servicing loans, pursuant to Section 225.25(b)
(l)(i) through (b)(1)(v) of Regulation Y, and in data
processing, pursuant to Section 225.25(b)(7) of Regulation
Y.
3/15/95
SECTION IV
Applications Not Involving
_____ Public Comment______
None.




SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources an
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending March 4 1995
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/

3/
4/

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




Section I

APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

NONE

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

NONE

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

NONE

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

NONE

1/Subject to provisions of community Reinvestment Act.




F ederal R eserve B ank
of C leveland
P. 0. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending March 4,1995)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received notice from Commerce Exchange Bank,
Beachwood, Ohio, on February 28,1995, of its intent
to establish a CBCT facility at Beachwood Place Mall,
Beachwood, Ohio.

*March 8, 1995

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
NONE

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Received Section 4(c)(8) notification from Mellon Bank
Corporation, Pittsburgh, Pennsylvania, on February 17,1995,
to establish a wholly-owned nonbank subsidiary to engage in
certain securities activities.

March 29, 1995

Received Section 4(c)(8) notification from Mellon Bank
Corporation, Pittsburgh, Pennsylvania, on February 17,1995,
to enter into a joint venture relationship with Chemical Banking
Corporation, New York, New York, to each acquire a 50 percent
partnership interest in Chemical Mellon Shareholder Services and
thereby engage in certain securities transfer, record keeping, and
other related activities.

Not Yet Known

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Received notice from The Huntington State Bank, Alexandria, Ohio, on March 1,1995,
of its intent to acquire all of the shares of Huntington Insurance Services, Inc., a bank
service corporation.

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



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(March 3, 1995)
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 March 3,
1995. If you are interested in obtaining a copy of an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
NONE




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

Comment Period Ending Date

The Bank of Marion, Marion, Virginia, to
establish a branch on State Route 90 East,
Rural Retreat, Virginia.*

3-23-95

Highlands Union Bank, Abingdon, Virginia,
to establish a branch at 821 Commonwealth
Avenue, Bristol, Virginia.*

3-30-95

F & M Bank-Massanutten, Harrisonburg, Virginia,
to establish a branch at the corner of Route 42
and American Legion Drive, Timberville, Virginia.*

3-30-95

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

Comment Period Ending Date

First Union Corporation, Charlotte, North
Carolina, to acquire Coral Gables Fedcorp,
Inc., Coral Gables, Florida.*

3-21-95**

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

F 6c M National Corporation, Winchester,
Virginia, to acquire Farland Investment
Management, Inc. Winchester, Virginia.

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

*Application is subject to CRA requirements.
**Expiration of comment period specified in the Federal Register.



3-9-95**

Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending March 3, 1995

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

Examination
Date___
Signet Bank/Virginia
7 North Eighth Street
Richmond, Virginia 23219-6003
Signet Bank/Maryland
7 St. Paul Street
Baltimore, Maryland 21202-1077




Rating

8-8-94

Satisfactory

8-15-94

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending March 3. 1995
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

First Southern Bancshares, Inc.
03-31-95*
Florence, Alabama
Federal Register
1-BHC formation, First Southern Bank, Florence, Alabama.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Pointe Financial Corporation
Not yet available
Boca Raton, Florida
Notification by Pointe Financial Corporation, Boca Raton, Florida,
to engage de novo in making and servicing loans, pursuant to
Section 225.25(b)(1) of Regulation Y; (i) through its subsidiary,
Pointe Financial Services, Inc., Boca Raton, Florida (which will
perform mortgage processing functions for third parties), and (ii)
through its subsidiary, Pointe Investments Services, Inc., Boca
Raton, Florida, which will own a 50 percent interest in Parkside
Mortgage, Boca Raton, Florida, a general partnership (which will
engage in mortgage brokerage related activities)

*Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending March 3. 1995
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

First Farmers Bancshares, Inc.
03-21-95
Portland, Tennessee
Through
its
subsidiary,
Tennessee
Business
and
Industrial
Development Corporation, Chattanooga, Tennessee, To engage de novo
in making, acquiring and servicing loans or other extensions of
credit, and in community development activities, pursuant to
Sections 225.25(b)(1) and 225.25(b)(6) of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending March 3. 1995
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 Atlanta
Applications Bulletin for Week Ending March 3. 1995
Recently Approved Applications

Approval Date

1st United Bank
03-02-95
Boca Raton, Florida
To merge with Jupiter Tequesta National Bank, Tequesta, Florida,
pursuant to Section 18(c) of the Federal Deposit Insurance Act.
03-02-95
MGeorgia Bankshares, Inc.
Hawkinsville, Georgia
To acquire an additional 41.51 percent of the outstanding shares
of MGeorgia
Bankshares, Inc., Hawkinsville, Georgia.
Total
ownership will equal 44.51 percent.
03-03-95
Synovus Financial Corp.
Columbus, Georgia
To merge with Citizens & Merchants Corporation, Douglasville,
Georgia, and thereby directly acquire Citizens & Merchants State
Bank, Douglasville, Georgia, pursuant to Section 3(a) (5) of the
Bank Holding Company Act.
ISB Financial Corporation
03-01-95
New Iberia, Louisiana
Through Iberia Financial Services, Inc., New Iberia, Louisiana, to
engage in (i) investment or financial advisory activities,
pursuant to Section 225.25(b)(4) of Regulation Y, and (ii)
securities brokerage activities, pursuant to Section 225.25(b) (15)
of Regulation Y.
SunTrust Banks, Inc.
02-28-95
Atlanta, Georgia
To acquire Peoples State Bank, New Port Richey, Florida, pursuant
to Section 3(a)(3) of the Bank Holding Company Act.
First Pikeville Bancshares, Inc.
03-03-95
Pikeville, Tennessee
After-the-fact notification by John William Staley to retain 10.66
percent of the outstanding shares of First Pikeville Bancshares,
Inc., Pikeville, Tennessee.




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

Comment Period
Ending Date

lyp.e

Application

Merger/Branch

Fifth Third Bank of Central Indiana
N - **
Indianapolis, Indiana
Fifth Third Bank of Southeastern Indiana
Greensburg, Indiana & to establish 7 branches

Branch

Bank of Illinois in Normal
Normal, Illinois
502 N. Prospect Road
Normal, Illinois

N - 3-15-95

Branch

Quad City Bank and Trust Company
Bettendorf, Iowa
4540 Brady Street
Davenport, Iowa

N - 3-17-95

Branch

Old Kent Bank (formerly Old Kent Bank
& Trust Company)
Grand Rapids, Michigan
248 Culver
Saugatuck, Michigan

N - 3-5-95

Merger/Branch

Old Kent Bank (formerly Old Kent Bank
Sc Trust Company)
Grand Rapids, Michigan
First National Bank in Macomb County
Mount Clemens, Michigan, and to
establish 15 branches

N -**

Merger/Branch

Bank of Oakfield
Oakfield, Wisconsin
Van Dyne branch of M&I Central State Bank
Ripon, Wisconsin

N - **

Branch

Comerica Bank
Detroit, Michigan
4225 Breton Road, S.E.
Grand Rapids, Michigan

N - **




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

Federal

Comment Period
Ending Date

lyse

Application

Y-2

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

FR - 2-16-95
NP - 3-11-95

Y-2

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

FR - 3-9-95
NP - 3-5-95

Y-2

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

FR - 3-9-95
NP - 3-5-95

Y-2

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

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

CoC-HC

Iowa State Bank Holding Company
FR - 3-8-95
NP - **
Des Moines, Iowa
by Marvin R. Selden, Jr.,
Melvin H. Nielsen, Dennis L. Gallagher,
Robert McLaughlin, Carl Selden as trustees
of the Hugh N. Gallagher

Y-2

Capitol Bancorp, Inc.
Lansing, Michigan
Grand Haven Bank
Grand Haven, Michigan*

FR - 3-17-95
NP - 3-3-95
(in organization)

CoC-HC

Jefferson County Bancorp, Inc.
Jefferson, Wisconsin
Robert L. Martin and Beverly S. Martin

FR - 3-20-95
NP - **

Y-l

Oconomowoc Bancshares, Inc.
Oconomowoc, Wisconsin
First Bank of Oconomowoc
Oconomowoc, Wisconsin*

FR - 3-20-95
NP - 3-17-95




Section II

Federal Reserve Bank of Chicago
Applications Subject to Both Newspaper and Federal
Register Notice
Continued

Comment Period
Ending Date

Application
Y-2

Old Second Bancorp, Inc.
Aurora, Illinois
Bank of Sugar Grove
Sugar Grove, Illinois*

FR - 3-17-95
NP - 3-11-95

Y-2

Greatbanc, Inc.
Aurora, Illinois
Greatbank
Algonquin, Illinois*

FR - **
NP - 12-25-94

CoC-HC

Heritage Community Bancorporation, Inc.
Glenwood, Illinois (formerly Riverdale
Bancorporation, Inc.)
John M. Saphir

FR - 3-21-95
NP - 3-19-95

Y-2

Citizens Financial Corporation Employee
Stock Ownership Plan
Fort Atkinson, Wisconsin
Citizens Financial Corporation
Fort Atkinson, Wisconsin
Citizens State Bank
Fort Atkinson, Wisconsin*

FR - 3-31-95
NP - 3-3G-95

CoC-HC

Rudolph Bancshares,
Rudolph, Wisconsin
James R . Judd

FR - **
NP - **

Y-2

Norton Capital Corporation
Morris, Illinois
Sheridan Bancorp, Inc.
Morris, Illinois
Sheridan State Bank
Sheridan, Illinois

FR - 4-7-95
NP - **

Y-l

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

FR - 2-3-95
NP - 3-20-95

Y-l

PSB Holdings, Inc.
Wausau, Wisconsin
Peoples State Bank
Wausau, Wisconsin*

FR - **
NP - 3-22-95




Inc.

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




Application

Comment Period
Ending Datp.

New Central Illinois Financial Co., Inc.
Champaign, Illinois
Banklllinois Financial Corporation
Champaign, Illinois
Banklllinois
Champaign, Illinois
Central Illinois Financial Corporation
Champaign, Illinois
Champaign National Bank
Champaign, Illinois*

FR - **
NP - **

Sword Limited Partnership 1994
Horicon, Wisconsin
Sword Financial Corporation
Horicon, Wisconsin
Horicon State Bank
Horicon, Wisconsin*

PR

_

**

NP - **

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

Comment Period
Ending Date

Type

Application

4 (c) (8)

First Mutual Bancorp, Inc.
Decatur, Illinois
making a loan to the ESOP to purchase
stock of First Mutual Bank S.B.

FR - 3-1-95

4 (c) (8)

Quad City Holdings, Inc.
Bettendorf, Iowa
Quad City Bancard, Inc.
Bettendorf, Iowa

FR - 3-7-95

4 (c) (8)

Marshall & Ilsley Corporation
FR - 3-8-95
Milwaukee, Wisconsin
Newco
Milwaukee, Wisconsin and
to engage in additional data processing & data
transmission activities

4 (c) (8)

Ogle County Bancshares, Inc.
FR - 3-14-95
Rochelle, Illinois
to continue to engage in lending activities

4 (c) (8)

Castle Banc Group, Inc.
DeKalb, Illinois
Premier Home Financing, Inc.
Oak Brook, Illinois

4 (c) (8)

NBD Bancorp, Inc.
FR - 3-21-95
Detroit, Michigan
NP - 4-3-95
Deerbank Corporation
Deerfield, Illinois
Deerfield Federal Savings & Loan Association
Deerfield, Illinois

4 (c) (8)

NBD Bancorp, Inc.
Detroit, Michigan
Northern Illinois Financial Service Corp
Deerfield, Illinois

4 (c) (8)

NBD Illinois, Inc.
FR - 3-21-95
Park Ridge, Illinois
NP - 4-3-95
Deerbank Corporation
Deerfield, Illinois
Deerfield Federal Savings and Loan Association
Deerfield, Illinois




FR - 3-15-95

FR - 3-21-95
NP - 4-3-95

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

Comment Period
Ending Date

Typ£

Application

4(c) (8)

NBD Illinois, Inc.
FR - 3-21-95
Park Ridge, Illinois
NP - 4-3-95
Northern Illinois Financial Service Corporation
Deerfield, Illinois

4 (c) (8)

Sidell Bancorp, Inc.
Sidell, Illinois
to purchase their subsidiary's overline
loans

FR - 3-20-95

4 (c) (8)

Larch Bancorporation, Inc.
Larchwood, Iowa
to engage in general insurance agency
activities

FR - 3-27-95

4 (c) (8)

Southwest Bancorp, Inc.
FR - **
Worth, Illinois
to establish Interbanx Southwest, Inc. and
to be operated as an export trading company

4 (C) (8)

Associated Banc-Corp
.
.
FR - **
Green Bay, Wisconsin
to engage in riskless principal thru its
subsidiary, Associated Investment Services,
Inc., Green Bay, Wisconsin

4 (c) (8)

Union Bancorporation
Defiance, Iowa
to engage in making and servicing loans




FR

**

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

Type

Application

RoS

Sheridan Bancorp, Inc.
Morris, Illinois
to repurchase 103 (47.03%) of its issued and outstanding
shares of stock

N
FR
*
**

-

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




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MARCH 3, 1995

Application

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

None.

Application

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

♦Section 3(a)(5) application by AMBANC Corp.,
Vincennes, Indiana, to acquire First Robinson
Bancorp, Robinson, Illinois.

Newspaper:

4/3/95

WITHDRAWN - *Section 3(a)(1) application by
NC Bancorp, Inc., Shepherdsville, Kentucky, to
acquire Nelson County Banking Company, Bardstown,
Kentucky (previously reported during week ending
2/17/95).

Newspaper:

3/16/95

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
Section 4(c)(8) notification by Cass Commercial
Corporation, St. Louis, Missouri, to engage de
novo in lending (purchase of credit card receivables)
through its subsidiary, Cass Information Systems,
Inc., Bridgeton, Missouri.
Not yet available
Section 4(c)(8) notification by Turner Bancshares,
Inc., Potosi, Missouri, to acquire HDJ Turner
Company, d/b/a Potosi Abstract, Potosi, Missouri.

Not yet available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Section 9 membership application by Bank of
Altenburg, Altenburg, Missouri

♦This application is subject to CRA.




N/A

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:

Outstanding record of meeting community credit needs
A n i n s t i t u t i o n in t h i s g r o u p h a s a n o u t s t a n d i n g r e c o r d o f , a n d i s a l e a d e r i n , a s c e r t a i n i n g a n d h e l p i n g t o
m e e t th e c r e d it n e e d s o f i t s e n tir e d e lin e a te d c o m m u n ity , in c lu d in g l o w - a n d m o d e r a t e - i n c o m e
n e i g h b o r h o o d s , in a m a n n e r c o n s i s t e n t w i t h i t s r e s o u r c e s a n d c a p a b i l i t i e s .
Satisfactory record of meeting community credit needs
A n i n s t i t u t i o n in t h i s g r o u p h a s a s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g a n d h e l p i n g t o m e e t t h e c r e d i t n e e d s
o f i t s e n t i r e d e l i n e a t e d c o m m u n i t y , i n c l u d i n g l o w - a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s , in a m a n n e r
c o n s i s te n t w ith its r e s o u r c e s a n d c a p a b ilitie s .
Needs to improve record of meeting community credit needs
A n i n s t i t u t i o n in t h i s g r o u p n e e d s t o i m p r o v e i t s o v e r a l l r e c o r d o f a s c e r t a i n i n g a n d h e l p i n g t o m e e t t h e
c r e d i t n e e d s o f i t s e n t i r e d e l i n e a t e d c o m m u n i t y , i n c l u d i n g l o w - a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s , in a
m a n n e r c o n s i s te n t w ith i t s r e s o u r c e s a n d c a p a b ilitie s .
Substantial noncompliance in meeting community credit needs
A n i n s t i t u t i o n in t h is g r o u p h a s a s u b s t a n t i a l l y d e f i c ie n t r e c o r d o f a s c e r t a i n i n g a n d h e l p i n g t o m e e t t h e
c r e d i t n e e d s o f i t s e n t i r e d e l i n e a t e d c o m m u n i t y , i n c l u d i n g l o w - a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s , in a
m a n n e r c o n s i s te n t w ith i t s r e s o u r c e s a n d c a p a b ilitie s .

FOR THE WEEK ENDING

Name o f

Bank

M arch 3,

Bank Address

1995

E x a m in a t io n
D a te

None




E x a m in a tio n
R a tin g

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

Guaranty Development Company,
Livingston, MT, to acquire 100%
of the American Bank (Whitefish) ,
Whitefish, MT*

March 27, 1995
(Federal Register)

First Interstate BancSystem of
Montana, Inc., Billings, MT, to
acquire 100% of the voting shares
of First Park County Bancshares,
Inc. Livingston, MT*

Not yet available

Brill Bancshares, Inc., Brill,
WI , to acquire 80.11% of the
voting shares of Bill State Bank,
Brill, WI*

March 31, 1995
(Federal Register)

Larry D. Peterson, to acquire
25.5% of the voting shares of First
Financial Services of Moose Lake,
Inc. Moose Lake, MN

March 22, 1995
(Federal Register)

Norwest Corporation, Minneapolis,
MN, to acquire 100% of the voting
shares of New Braunfels Bancshares,
Inc., New Braunfels, TX*

March 31, 1995
(Federal Register)

Norwest Corporation, Minneapolis,
MN, to acquire 100% of the voting
shares of the First Tule Bancorp,
Inc. Tulia, TX*
,

March 31, 1995
(Federal Register)




FEDERAL RESERVE BANK OF MINNEAPOLIS

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment P e r io d

Application
F ir s t

E n d in g

Comm unity Bank G ro u p ,

and i t s

w h o lly -o w n e d

Tod d C o u n ty A g e n c y ,
H o p k in s ,
v o t in g

MN,

sh a re s

to

I n c .,

s u b s id ia r y ,
I n c .,

a c q u ir e

b o th

31,

1995

( F e d e r a l R e g is t e r )

of

100% o f

o f C it iz e n s

M a rc h

D a te

S ta te

th e
Bank

Barrett, Barrett, MN*

^Subject to CRA

FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Application
Norwest Corporation, Minneapolis,
MN, to engage in making, and
servicing loans through the
acquisition of the mortgage
origination and servicing business
of First National Bank of Parker,
Parker, CO

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Northeast Bancorp, Inc., Brandon,
SD, to redeem 33.33% of its Class
A common voting shares
M&I Bank of LaCrosse, LaCrosse,
W I , to become a member of the
Federal Reserve System
M&I Community State Bank, Eau
Claire, WI , to become a member of
the Federal Reserve System




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending March 3, 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 grpups:
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 of Kansas City
SECTION 1 - APPLICATIONS SUBIECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

First State Bank of Taos, Taos, New Mexico, for
prior approval to establish a branch facility at 2421
Main Street S.E., Los Lunas, New Mexico.

Not Available

The Vail Bank, Vail, Colorado, for prior approval to
merge with Snow Bank, N.A., Dillon, Colorado.

Not Available

Sheridan National Bank, Sheridan, Wyoming, for
prior approval to become a member of the Federal
Reserve System.

Not Available

SECTION 1 - APPLICATIONS SUBIECT TO BOTH
1
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Bank of Colorado Holding Company, Vail,
Colorado, for prior approval to merge with Snow
Bankcorp, Inc., Dillon, Colorado.*

COMMENT PERIOD ENDING DATE
Not Available

SECTION III - APPLICATIONS SUBIECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

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




Federal Reserve Bank of Kansas City
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance,
a rating is assigned from the following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Substantia! noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record of ascertaining and
helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
CRA
Rating

Bank/Location

Exam Date

CRA Public
Date

Citizens Bank
P.O. Box 645
Westminster, Colorado 80030-0654

11-28-94

03-02-95

Satisfactory

First State Bank
P.O. Box 546
Temple, Oklahoma 73568-0546

11-28-94

03-02-95

Outstanding




Federal Reserve Bank of Kansas City
First Bank of Chandler
P.O. Box 218
Chandler, Oklahoma 74834-0218*

*Application is subject to CRA.




11-28-94

03-02-95

Satisfactory

FEDERAL RESERVE B N O DALLAS APPLICATIONS BULLETIN
A K F

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF FEBRUARY 27, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

♦Section 9 application received from
Security Bank of Arlington, Arlington, TX,
to establish a branch at 5615 Green Oaks
Blvd., S.W., Arlington, TX 76017

95/03/20

♦Section 9 application received from
Texas Bank, Weatherford, TX, to establish a branch at
1101 West Main Street, Lewisville, TX 75067

95/03/13

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

APPLICATION
♦Section 3(a)(1) application by
CRB Financial Corp., San Antonio, TX, to acquire
Camino Real Delaware, Inc., Wilmington, DE; Camino Real
Bancshares, Inc., San Antonio, TX; and Camino Real Bank,
N.A., Eagle Pass, TX
(Previously reported during the week of 1-30-95)

95/03/15

♦Section 3(a)(5) application by
FirstBank Group, Inc., Los Fresnos, TX, to acquire
Raymondville State Bancshares, Inc., Raymondville, TX

95/03/16

♦Section 3(a)(3) application by
FirstBank Group, Inc., Los Fresnos, TX, to acquire
First Valley Delaware Financial Corporation, Dover, DE,
and First Valley Bank, Raymondville, TX

95/03/16

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
None.




NOTICE EXP

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Notice by United Bancshares, Inc., Rosenberg, TX,
to redeem 42,589 shares of its Series A preferred stock,
and 26,667 shares of its Series B preferred stock

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF FEBRUARY 27. 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 BAN OF SAN FRANCISCO
K

Week ending 3/03/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Barnes Bancorporation, Kaysville, Utah, to become a
bank holding company by acquiring Barnes Banking
Company, Kaysville, Utah. *

Newspaper:

3/13/95

Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Wells Fargo & Company, San Francisco, California,
to acquire Wells Fargo Bank (Arizona), National
Association, Phoenix, Arizona. *

Newspaper:

1/30/95

Fed. Reg.:

4/03/95

Section III -Applications Sub.iect to Federal Register Only
None

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

* Subject to CRA.




FEDERAL RESERVE BAN OF SAN FRANCISCO (cont'd.l
K

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

Location

Westamerica Bank

1108 Fifth Avenue
San Rafael, CA 94901
(415) 257-8000

10/31/94

Satisfactory

Guardian State Bank

142 East 200 South
Salt Lake City, UT 84118
(801) 966-5175

11/14/95

Satisfactory

Examination Date

Rating*

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




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