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ANNOUNCEMENT
BO A R D OF G O V E R N O R S
OF T H E
FEDE R A L R E S E R V E S Y STEM

H.2, 1991, NO. 19
A ctions of the Board, its Staff, and
the Federal R e s e r v e Banks;
A p p l i c a t i o n s and Re p o r t s Rec e i v e d
D u ring the W e e k En d i n g M a y 11, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Credit availability — statements by Presidents
Syron, Keehn, and McTeer of the Federal Reserve
Banks of Boston. Chicago, and Dallas before the
Subcommittee on Domestic Monetary Policy of the
House Committee on Banking. Finance and Urban
Affairs, May 8, 1991
Published, May 8, 1991.

5 M K HOLDING COMPAJilES
SouthTrust Corporation, Birmingham, Alabama —
reconsideration of Board approvals of applications
to acquire SouthTrust Bank of Orlando, Winter Park,
Florida and Liberty Savings Bank of South Georgia,
Valdosta, Georgia and the Atlanta Reserve Bankrs
approvals of applications to acquire SouthTrust
Bank of North Carolina, N.A., Raleigh, North
Carolina and Community National Bank, Cape Coral,
Florida.
Denied, May 6, 1991.
ENFORCEMENT
BCCI Holdings (Luxembourg) S.A., Luxembourg, and Bank
of Credit and Commerce International S.A. —
written agreement dated May 6, 1991, with the Board
and the Superintendent of Banks of the State of
California.
Announced, May 7, 1991.
James Madison Limited, Washington, D.C. — written
agreement dated May 6, 1991, with the Federal
Reserve Bank of Richmond.
Announced, May 6, 1991.
RESERVE BANK SERVICES




Check collection services — modifications to
criteria for tiered pricing (Docket R-0712).
Approved, May 8, 1991.

H.2
MAY 5, 1991
PAGE 2

TO

MAY 10, 1991

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; FRBQ - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC
Chicago

Bank of Lenawee, Adrian, Michigan — to establish an
offsite electronic facility at the corner of U.S.
223 West and South Main Street.
Approved, May 8, 1991.

Chicago

New Asia Bank, Chicago, Illinois —
branch at 4926 North Broadway.
Approved, May 8, 1991.

to establish a

BANK HOLDING COMPANIES




Richmond

CB&T Financial Corp. Fairmont, West Virginia — to
,
acquire Tygarts Valley National Bank, Elkins, West
Virginia.
Approved, May 8, 1991.

Cleveland

Central Bancshares, Inc., St. Paris, Ohio — to
acquire The First Central National Bank of St.
Paris.
Approved, May 10, 1991.

Chicago

CNBC Bancorp, Inc., Chicago, Illinois — to acquire
Capitol Federal Bank for Savings, Chicago,
Illinois, and CNB Federal Savings Bank.
Approved, May 10, 1991.

Minneapolis

Heron Lake Bancshares, Inc., Heron Lake, Minnesota —
to engage in general insurance agency activities
through Heron Lake Agency.
Approved, May 8, 1991.

Minneapolis

Heron Lake Bancshares, Inc., Heron Lake, Minnesota —
to acquire Heron Lake Bancorporation, Inc., and
Heron Lake State Bank.
Approved, May 8, 1991.

Chicago

Johnson International, Inc., Racine, Wisconsin —
acquire Biltmore Investors Bank, New Holland,
Illinois.
Approved, May 8, 1991.

to

H .2
MAY 5, 1991
PAGE 3

TO

MAY 10, 1991

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

BANK HOLDING COMPANIES
St. Louis

Liberty National
Kentucky — to
Company, Inc.,
Approved, May 7,

Bancorp, Inc., Louisville,
acquire Bank of Lexington & Trust
Lexington, Kentucky.
1991.

Chicago

Stichting Prioriteit ABN AMRO Holding, Amsterdam, The
Netherlands; Stichting Administratiekantoor ABN
AMRO Holding; ABN AMRO Holding N.V., and
Amsterdam - Rotterdam Bank N.V. — to acquire DBI
Holdings, Inc., New York, New York, and continue to
engage in certain investment advisory, securities
brokerage, and riskless principal activities
through Discount Brokers International, Inc., New
York, New York, and Henry Krieger/DBI, L.P.
Approved, May 8, 1991.

Philadelphia

Univest Corporation of Pennsylvania, Souderton,
Pennsylvania — to acquire Pennview Savings Bank.
Approved, May 6, 1991.

BANK PREMISES




Chicago

First - Citizens Bank and Trust Company, Greencastle,
Indiana — investment in bank premises.
Approved, May 8, 1991.

Atlanta

First State Bank of Bibb County, West Blocton,
Alabama — investment in bank premises.
Approved, May 9, 1991.

Kansas City

State Bank, Winfield, Kansas —
premises.
Approved, May 10, 1991.

Chicago

State Bank of Caledonia, Caledonia, Michigan —
investment in bank premises.
Approved, May 8, 1991.

investment in bank

H.2
MAY 5, 1991
PAGE 4

TO

MAY 10, 1991

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

BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
Dallas

Farmers and Ranchers Production Credit Association,
Gonzales, Texas — registration statement.
Withdrawn, May 10, 1991.

Dallas

Kaneb Services, Inc., Dallas, Texas —
statement.
Withdrawn, May 9, 1991.

Dallas

MichaelsT Stores, Inc., DFW, Texas —
statement.
Withdrawn, May 10, 1991.

registration

registration

CAPITAL STOCK
Secretary

Manufacturers and Traders Trust Company, Buffalo, New
York — to include subordinated debentures in
capital structure.
Approved, May 8, 1991.

Kansas City

Swanton Agency, Swanton, Nebraska —
shares.
Approved, May 7, 1991.

redemption of

CHANGE IN BANK CONTROL




Atlanta

Community Bancorp, Inc., Thornton, Colorado —
in bank control.
Permitted, May 10, 1991.

Minneapolis

First Western Corporation, Sioux Falls, South
Dakota — change in bank control.
Permitted, May 7, 1991.

Dallas

Harlingen National Bancshares, Inc., Harlington,
Texas — change in bank control.
Permitted, May 8, 1991.

Dallas

North American Bancshares, Sherman, Texas —
in bank control.
Returned, May 10, 1991.

change

change

H .2
MAY 5, 1991
PAGE 5

TO

MAY 10, 1991

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

COMPETITIVE FACTORS REPORTS




New York

Albany Savings Bank, FSB, Albany, New York, proposed
merger with Champlain Valley Federal Savings and
Loan Association, Plattsburgh, New York — report
on competitive factors.
Submitted, May 8, 1991.

Dallas

Ameriway Bank, N.A., Houston, Texas, proposed merger
with Compass Bank - Houston — report on
competitive factors.
Submitted, May 8, 1991.

Boston

Amoskeag Bank, Manchester, New Hampshire, proposed
merger with the affiliated Nashua Trust Company,
Nashua, New Hampshire — report on competitive
factors.
Submitted, May 9, 1991.

St. Louis

Citizens Bank and Trust Company, Burgin, Kentucky,
proposed merger with The Farmers National Bank of
Danville, Danville, Kentucky — report on
competit ive factors.
Submitted, May 9, 1991.

Chicago

City Bank, St. Johns, Michigan, proposed purchase of
certain assets and assumption of deposit
liabilities of the Lansing branch, Lansing,
Michigan, of Comerica Bank, N.A., Detroit, Michigan
— report on competitive factors.
Submitted, May 9, 1991.

Atlanta

Colony Bancorp, Inc., Fitzgerald, Georgia, proposed
acquisition of Worth Federal Savings and Loan
Association, Sylvester, Georgia — report on
compet it ive factors.
Submitted, May 6, 1991.

Atlanta

Commercial Bancorporation, Inc., Orlando, Florida,
proposed acquisition of Commercial State Bank of
Orlando — report on competitive factors.
Submitted, May 6, 1991.

H.2
MAY 5, 1991
PAGE 6

TO

MAY 10, 1991

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

COMPETITIVE FACTORS REPORTS




Boston

First Federal Savings and Loan Association of East
Hartford, East Hartford, Connecticut, proposed
acquisition of certain assets and assumption of
liabilities of one branch of New Connecticut Bank
and Trust, N.A. — report on competitive factors.
Submitted, May 6, 1991.

Chicago

First of America Bank-Golf Mill, Niles, Illinois,
proposed merger with First of America BankNortheast Illinois, National Association,
Libertyville, Illinois — report on competitive
factors.
Submitted, May 9, 1991.

Chicago

Forreston State Bank, Forreston, Illinois, proposed
merger with FSB Interim Bank — report on
competitive factors.
Submitted, May 8, 1991.

S t . Louis

Magna Bank of Mascoutah, Mascoutah, Illinois,
proposed purchase of the assets and assumption of
the liabilities of Burlington Bank, Chicago,
Illinois — report on competitive factors.
Submitted, May 8, 1991.

Chicago

Magna Millikin Bank of Decatur, National Association,
Decatur, Illinois, proposed merger with Magna Bank
of McLean County, Bloomington, Illinois, and Magna
Bank of Springfield, Springfield, Illinois —
report on competitive factors.
Submitted, May 8, 1991.

S t . Louis

Merchants & Farmers Bank, Holly Springs, Mississippi,
proposed merger with Merchants & Farmers Interim
Bank — report on competitive factors.
Submitted, May 8, 1991.

San Francisco

Pajaro Valley Bank, Watsonville, California, proposed
merger with First National Bank of Monterey County,
Monterey, California — report on competitive
factors.
Submitted, May 8, 1991.

H.2
MAY 5, 1991
PAGE 7

TO

MAY 10, 1991

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

COMPETITIVE FACTORS REPORTS
Dallas

Promenade National Bank, Richardson, Texas, proposed
merger with Compass Bank, Plano, Texas — report on
competitive factors.
Submitted, May 8, 1991.

Atlanta

Synovus Financial Corporation, Columbus, Georgia,
proposed acquisition of CB Bancshares, Inc., Fort
Valley, Georgia — report on competitive factors.
Submitted, May 6, 1991.

EXTENSIONS OF TIME




Richmond

Central Fidelity Bank, Richmond, Virginia —
extension to December 4, 1991, to establish a
branch at the intersection of Centreville Road and
Fox Mill Road, Herndon, Virginia.
Granted, May 7, 1991.

Atlanta

Citizens National Corporation, Naples, Florida -extension to July 28, 1991, to acquire Citizens
National Bank of Naples.
Granted, May 8, 1991.

Chicago

Dana Bancorp, Inc., Dana, Illinois — extension to
July 15, 1991, to acquire The First National Bank
of Dana.
Granted, May 6, 1991 .

Cleveland

First Bancorporation of Ohio, Akron, Ohio —
extension to August 11, 1991, to engage de novo in
operating a disaster recovery computer site through
First Bancorporation Services Division,
Brecksville, Ohio.
Granted, May 9, 1991.

Chicago

First Marengo Financial Corporation, Marengo,
Illinois — extension to August 13, 1991, to
acquire First National Bank of Marengo.
Granted, May 6, 1991.

Atlanta

First National Financial Corporation, Albany, Georgia
extension to August 19, 1991 — to acquire First
National Bank of South Georgia.
Granted, May 8, 1991.

H.2
MAY 5, 1991
PAGE 8

TO

MAY 10, 1991

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

EXTENSIONS OF TIME




San Francisco

First Security Corporation, Salt Lake City, Utah —
extensions to divest certain properties.
Granted, May 8, 1991.

Richmond

First Virginia Bank, Falls Church, Virginia —
extension to November 10, 1991, to establish a
branch at the southeast corner of U.S. Route 17 and
State Route 28, Bealeton, Virginia.
Granted, May 7, 1991.

Atlanta

FNC Bancorp, Inc., Douglas, Georgia — extension to
September 1, 1991, to acquire First National Bank
of Coffee County, Douglas, Georgia.
Granted, May 9, 1991.

Dallas

Ford Bank Group, Inc./ Lubbock, Texas, and Ford Bank
Group Holdings, Inc., Wilmington, Delaware
extension to July 10, 1991, to acquire MBank Waco,
N.A., Waco, Texas.
Granted, May 9, 1991.

San Francisco

GNW Financial Corporation, Bremerton, Washington —
extension to August 15, 1991, to acquire Great
Northwest Bank.
Granted, May 9, 1991.

Atlanta

SunTrust Banks, Inc., Atlanta, Georgia — extension
to September 7, 1991, to acquire additional shares
of Peoples Bank of Lakeland, Lakeland, Florida.
Granted, May 8, 1991.

New York

United Jersey Bank, Hackensack, New Jersey —
extension to July 15, 1991, to merge with United
Jersey Bank / Northwest, Randolph, New Jersey.
Granted, May 8, 1991.

H.2
MAY 5, 1991
PAGE 9

TO

MAY 10, 1991

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

INTERNATIONAL OPERATIONS
New York

Bankers International Corporation* New York* New York
— to continue to hold the shares of BT Asia
Securities Limited* Hong Kong* Hong Kong* after BT
Asia Securities Limited engages in futures
commission merchant activities involving the Nikkei
225 Futures contract on the Osaka Stock Exchange.
Granted* May 10* 1991.

Cleveland

Mellon Overseas Investment Corporation* Wilmington*
Delaware — to engage in investment advisory
activities through an investment in Palomar
Limited* London* England.
Granted* May 9* 1991.

Chicago

Fayette Bank and Trust Company* Connersville* Indiana
— membership in the Federal Reserve System.
Withdrawn* May 9, 1991.

MEMBERSHIP




H.2
MAY 5, 1991
PAGE 10

ADDITIONS AND CORRECTIONS
TO

MAY 10, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

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

CHANGE IN BANK CONTROL




Dallas

National Penn Bancshares, Inc., Boyertown,
Pennsylvania — change in bank control.
Permitted, April 5, 1991.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

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
N E W S P A P E R N O T I C E O NLY
Co m m e n t P e riod E n d i n g Date

Application

N ONE

S E C T I O N II - A P P L I C A T I O N S S U B J E C T T O BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Co m m e n t P e r i o d E n d i n g Date

Application

NONE

SE 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
F E D E R A L R E G I S T E R N O T I C E ONLY
Application

C o m m e n t P e r i o d Ending Date

NONE

S E 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
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application

NONE

S E C T I O N V - A V A I L A B I L I T Y OF CRA P U BLIC E V A L U A T I O N S

NON E
♦Subject to C R A




Federal Reserve Bank of New York

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only_________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
RNYC Holdings Limited, The Cayman Islands, British West
Indies to become a bank holding company with respect to
Republic New York Corporation and its subsidiaries,
Republic National Bank of New York and The Manhattan
Savings Bank, all of New York, New York; Saban S.A.,
Panama City, the Republic of Panama to acquire RNYC
Holdings Limited and its subsidiaries; RNYC Holdings
Limited to acquire indirectly certain direct and
indirect non-bank subsidiaries of Republic New York
Corporation.!/

5/28/91 2/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Skandinaviska Enskilda Banken, Stockholm, Sweden to
expand the authority of its indirect wholly-owned
subsidiary, Enskilda Securities Inc., New York, New York
to include the provision of investment advisory services
to institutional customers and to exercise limited
investment discretion on behalf of such customers.
N/A
SECTION IV
Applications Not Involving
______ Public Comment______
None.




Federal Reserve Bank of New York

Comment Period
Ending Date

Availability of ORA Public Evaluations
Week Ending Mav 11 1991
NAME OF BANK

EXAMINATION CATE

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.
N/A - Not Available
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.




FEDERAL RESE R V E BANK OF PHILADELPHIA

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Comment Period Ending Date
United Valiev Bank, Wayne, PA requests
permission to consolidate and relocate
its two banking facilities from locations
at 212 E. Lancaster Avenue, Wayne, PA and
1900 John F. Kennedy Blvd., Philadelphia,
PA to 1601 Market Street, Philadelphia, PA,

6/10/91

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Comment Period Ending Date

None.

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

None.

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
For week endina 5/10/91

Institutions




Examination Date
None.

Applications Bulletin
For Week Ending May 11, 1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE

SECTION I I - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
R e c e i v e d S e c t i o n 3(a)(3) a p p l i c a t i o n on
May 9, 1991 from Banc One Corporation,
Columbus, Ohio, to a cquire The Central
Tru s t Company, Newark, Ohio; The Central
Tru s t C o m p a n y of N o r t h e a s t e r n Ohio, N.A.,
Canton, Ohio; T h e Central Trust Co m p a n y of
N o r t h e r n Ohio, Lorain, Ohio; and The Central
Trust C o m p a n y of S o u t h e a s t e r n Ohio, N . A . ,
Marietta, Ohio.

SECTION I I I

* N - J u n e 5,

~ APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

R e c e i v e d S e c t i o n 4(c)(8) Notice on
M a y 3, 1991 from S o c i e t y Corporation,
Cleveland, Ohio, for p e r m i s s i o n to
a u t h o r i z e its w h o l l y - o w n e d subsidiary,
Gre e n M a c h i n e N e t w o r k Corporation,
N o r t h Olmsted, Ohio, to p rovide data
p r o c e s s i n g ser v i c e s na t i o n w i d e p u r s u a n t
to 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.

*
#
N
F

-

M a y 31,

1991

Subject to CR A
E xpected to end a p p r o x i m a t e l y 30 days from the date of rece i p t
N e w s p a p e r Co m m e n t Pe r i o d
Federal R e g i s t e r C o m m e n t Period




1991

Applications Bulletin
For Week Ending May 11, 1991
SECTION I I I

- APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY ( C o n t . )

R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on
M a y 6, 1991 from P r o v i d e n t Bancorp, Inc.,
Cincinnati, Ohio, to a c q u i r e First Federal
S a v i n g s and Loan Association, Lexington,
Kentucky

N o t Yet K n o w n #

R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on
M a y 6, 1991 from P r o v i d e n t Bancorp, Inc.,
Cincinnati, Ohio, to a c q u i r e Peoples Federal
S a v i n g s and Loan A s s o c i a t i o n of Bellevue,
Bellevue, Kentucky.

Not Yet Kno w n #

R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on
M a y 6, 1991 from P r o v i d e n t Bancorp, Inc.,
Cincinnati, Ohio, to ac q u i r e M e r i t Savings
Association, Cincinnati, Ohio.

Not Yet K n o w n #

R e c e i v e d S e c t i o n 4(c)(8) a p p l i c a t i o n on
M a y 6, 1991 from P r o v i d e n t Bancorp, Inc.,
Cincinnati, Ohio, to ac q u i r e T h rift Savings
Association, Cincinnati, Ohio.

N o t Yet Known #

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
R e c e i v e d re q u e s t on M a y 10, 1991 from
S e c u r i t y D o l l a r Bank, Niles, Ohio, for
p e r m i s s i o n to e x c e e d its limit of i nvestment
in b a n k p r e m i s e s p e r m i t t e d u n d e r S e c t i o n 24A
of the Federal R e s e r v e Act.

*
#
N
F

-

S ubject to CRA
E x p e c t e d to end a p p r o x i m a t e l y 30 days from the d a t e of rece i p t
N e w s p a p e r Co m m e n t Period
Federal R e g i s t e r C omment Period




AVAILABILITY OP CRA PUBLIC EVALUATIONS
(May 10, 1991)

The f o l l o w i n g sta t e m e m b e r ba n k s h a v e b e e n e x a m i n e d b y the Federal
Re s e r v e B a n k of C l e v e l a n d for c o m p l i a n c e w i t h T h e C o m m u n i t y R e i n v e s t m e n t
Act.
A p u b l i c e v a l u a t i o n d o c u m e n t is a v a i l a b l e from the bank(s)
listed
below.
If y o u are i n t e r e s t e d in o b t a i n i n g a c o p y of an e v a l u a t i o n document,
please co n t a c t the bank(s) directly.

The Ottoville Bank Company
161 W e s t T h i r d S t r e e t
Ottoville, O h i o 45876
(419) 453-3313
Examined:
F e b r u a r y 11, 1991

The Orr v i l l e S a v i n g s B a n k
101 West M a r k e t S t r e e t
Orrville, O h i o 44667
(216) 683-3055
Examined:
F e b r u a r y 11, 1991




F e d e r a l Reserve Bank o f Richmond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period Ending Date

None.

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

Comment Period Ending Date

Eugene J. Metzger - Notice of Change
in Control with respect to Ballston
Bancorp, Inc., Arlington, Virginia.

6-6-91

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

First Virginia Banks, Inc., Falls
Church, Virginia, to acquire HarwoodAndrews, Inc., Farmville, Virginia.*

5-21-91

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

*Expiration of comment period specified in the Federal Register.




F e d e ra l Reserve Bank o f Richmond

Availability of CRA Public Evaluations
Week ending May 10, 1991

Examination
Date____

Barclays Bank of North Carolina
201 S. Tryon Street
Charlotte, North Carolina




1-28-91

F e d e r a l R e s e r v e B a n k of A t l a n t a
A p p l i c a t i o n s B u l l e t i n for W e e k E n d i n g M a v

10.

1991

Section 1 - Applications Subject to N e w s p a p e r N o t i c e Only
Application

Comment P e riod Ending Date

Sun Bank of Tampa Bay
Tampa, Florida
To establish a branch office to
be know as Mease Manor Branch
located at 700 Mease Plaza, Dunedin,
Florida.

04-15-91

Section 2 - Applications Subject To Both
Newspaper and Federal Register No t i c e
Application

Comment P e riod Ending Date

Gulf West Bancorp
St. Petersburg, Florida
1-BHC formation, Mercantile Bank,
St. Petersburg, Florida.

Colony B a n k c o r p , I n c .
Fitzgerald, Georgia
To acquire Worth Federal Savings
and Loan Association, Sylvester,
Georgia, and convert its charter to
that of a state-chartered nonmember
bank to be known as Bank of Worth,
Sylvester, Georgia.

Synovus Financial Corporation
C o l u m b u s , Georgia
Along with its parent, TB&C Bancshares,
Inc., a shell corporation, which owns
8.5 percent of Synovus, both of Columbus,
Georgia, to acquire Athens Federal Savings
Bank, Athens, Georgia, and convert it to a
state-chartered commercial bank and trust
company to be known as Athens First Bank &
Trust Company, Athens, Georgia.




Not yet available

05-24-91
Newspaper

05-31-91
Federal Register

Synovus Financial Corporation
Columbus, Georgia
Along w i t h its parent, TB&C Bancshares,
Inc., a shell corporation, which owns 8.5
percent of Synovus, both of Columbus,
Georgia, to m e r g e with CB Bancshares, Inc.,
Fort Valley, Georgia, and thereby directly
acquire its subsidiary banks, The Citizens
Bank, Fort Valley, Georgia, and The Citizens
Bank of Cochran, Cochran, Georgia.

05-21-91
Federal Register

IBT Bancshares, Inc.
Gretna, Louisiana
Change in control by Claude J. Autin;
Leslie J. Boudreaux; and Ben A. Seale
to a c quire an additional 22.6 percent of
the o u t s t a n d i n g shares of common stock.
The a c q u i s i t i o n will increase their total
ownership to 41.4 percent.

Not yet available

Section 3 - Applications Subject to
Federal Register Notice Only
Application

Comment Period Ending Date

Middle G e orgia Bankshares, Inc.
Unadilla, Georgia
To e n gage de novo in operating a collection
agency t hrough M G B Collections, Vienna,
Georgia, p u r s u a n t to Section 2 2 5 . 2 5 ( b ) (23)
of R e g u l a t i o n Y.

06-03-91

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Applic a t i o n
Central Bancshares of the South, Inc.
Birmingham, Alabama
3(a)(5) w a i v e r request by Central Bancshares
and its w h o l l y - o w n e d bank holding company
subsidiary, Compass Bancshares, Inc., Houston,
Texas.
Bradley Coun t y Financial Corporation
Cleveland, Tennessee
To r e deem 15,000 shares of its outstanding common
stock.




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

*The CRA public evaluations of the institutions listed b e l o w became
available during the week ending May 10, 1991.
I n f o rmation about
an institution's CRA evaluation may be obtained d i r e c t l y from the
institution.
Bank
U n ited Citizens Bank
Alachua, Florida




E x a m i n a t i o n Date
02-11-91

Federal Reserve Bank of Chicago

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period
Rndinn Hate

EFT

The Commercial Trust & Savings Bank
Storm Lake, Iowa
1237 North Lake Avenue
Storm Lake, Iowa*

N

- **

EFT

Chemical Bank and Trust Company
Midland, Michigan
Food Court Area of the Eastman Road Mall
Midland, Michigan*

N

- **

Membership

Parkway Bank of Illinois (in organization)
N - 5-6-91
Carpentersville, Illinois
To become a marker of the Federal Reserve System*

Section II - Applications Subject to Both Newspaper and Federal
Feaistar Notice
Comment Period
Type




Application
First Merchants Corporation
Muncie, Indiana
First United Bancorp, Inc.
Middletown, Indiana
First United Bank
Middletown, Indiana*

Ending n a te

FR - 5-20-91
N - 5-20-91

Parkway Bancorp, Inc.
FR - **
Harwood Heights, Illinois
N - 5-6-91
Parkway Bank of Illinois (in organization)
Carpentersville, Illinois*
Cedar Valley Bankshares, Ltd.
Charles City, Iowa
Riceville Investment Company
Charles City, Iowa
First State Bank
Riceville, Iowa*

FR - **
N - 5-15-91

Federal Reserve Bank of Chicago

Type

Section III - Applications Subject to Federal Registar
Notice Only
Ccmnent Period
Ending n a te
Application

Y-4

Central Illinois Financial Corporation
FR - **
Champaign, Illinois
Heartland Federal Savings and Loan Association
Mattoon, Illinois

Y-4

Indi ana United Bancorp
Greensburg, Indiana
Regional Federal Bancorp, Inc.
New Albany, Indiana
Regional Federal Savings Bank
New Albany, Indiana

FR - **

Y-4

CNBC Bancorp, Inc.
Chicago, Illinois
Capitol Federal Bank for Savings
Chicago, Illinois
CNB Federal Savings Bank
Chicago, Illinois

FR - **

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

Application

None

N
FR
*
**

-




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

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 May 10, 1991.

BANK NAME/IOCATION

EXAMINATION DATE

-Farmers State Bank
Breckenridge, Michigan

2/04/91

-Villa Park Trust &
Savings Bank
Villa Park, Illinois

1/28/91

-DeMotte State Bank
DeMotte, Indiana

2/11/91

-First State Bank of Porter
Porter, Indiana

2/11/91




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MAY 10, 1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

None.

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

End of Comment Period

Change in control notification
involving Benton Bancorp, Inc.
,
Benton, Kentucky by Bancorp ESOP,
Benton, Kentucky

Not yet available

Section 3(a)(3) application by
Central Arkansas Bancshares, Inc.
,
Malvern, Arkansas to acquire One
National Bank of Hot Springs,
Hot Springs, Arkansas

Not yet available

Section 3(a)(1) application by
First Bentonville Bancshares, Inc.,
Bentonville, Arkansas to acquire
First National Bank, Bentonville,
Arkansas

Newspaper:

6-7-91

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

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

This application is subject to CRA.




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MAY 10, 1991

AVAILABILITY OF CRA PUBLIC DISCLOSURES

Bank Name
The Citizens Bank




Bank Address
P. 0. Box 2156
Batesville, Arkansas
72503-2156

Examination Date
2-11-91

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

Application
None.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice

Comment Period
Ending Date

Application
Norwest Corporation, Mpls, MN;
Norwest Financial Services, Inc.,
and Norwest Financial, Inc., Des
Moines, IA
To acquire 100% of Dial National
Bank of South Dakota, Sioux Falls,
SD*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only

Application

Comment Period
Ending Date

Norwest Corporation
Minneapolis, Minnesota
To engage in general insurance
agency activities through acquisition
of the book of business of National
Security Insurance Underwriters of
Litchfield, Litchfield, Minnesota.

Not yet available

Norwest Corporation
Minneapolis, Minnesota
To engage in leasing and data processing
activities through the acquisition of Prime
Rate Premium Finance Corporation, Inc.;
IFCO, Inc., and Agency Technologies, Inc.,
Fayetteville, North Carolina.

Not yet available

^Subject to CRA







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

Application

None.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending May 10, 1991
Bank Name

None.




City/State

Examination Date

Federal Reserve Bank of Kansas City

S E C TION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE O NLY
APPLICATION
Vectra Bank of Boulder, Boulder,
Colorado, for prior approval to
establish a branch at the corner of
Alpine and Broadway, Boulder,
Colorado.

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

Fremont Bank Corporation, Canon City,
Colorado, for prior approval to
become a bank holding company through
the a c q u i s i t i o n of 80 percent of the
voting shares of The First National
Bank of Arvada, Arvada, Colorado.*

Not

First Nebraska Bancs, Inc., Sidney,
Nebraska, for prior approval to
control up to 5.75 percent of the
voting shares of First National
Financial Corporation, parent of
First N ational Bank, both of Estes
Park, Colorado.*

Not Available

Lisco State Company, Lisco, Nebraska,
for prior approval to control up to
16.57 percent of the voting shares of
First National Financial Corporation,
parent of First National Bank, both
of Estes Park, Colorado.*

Not Available

Rawlins National Bancorporation,
Denver, Colorado, for prior approval
to become a bank holding company
through the acquisition of 90 percent
of the voting shares of The Rawlins
National Bank, Rawlins, Wyoming.*

Not Available

Available

S ECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE O N L Y
APPLICATION

None.




COMMENT

PERIOD

ENDING

DATE

Federal Reserve Bank of Kansas City

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G I S T E R N O T T TE
OR NEWSPAPER NOTICE
APPLICATION

First National Financial Corp., Estes
Park, Colorado, for prior approval to
redeem up to 4,016 shares of its own
voting common stock.
SECTION X - AVAILABILITY OF CRA PUBLIC E V A L U A T I O N S
BANK/LOCATION
None.

*Application is subject to CRA.




EXAM I N A T I O N DATE

FEDERAL RESERVE BANK O DALLAS APPLICATIONS BULLETIN
F
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MAY 6, 1991
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

Change in Control Notice by
Central Bank Employee Stock Ownership Plan, Monroe, LA,
to acquire an interest in Central Corporation, Monroe, LA

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

NOTICE EXP

APPLICATION
Section 4(c)(8) de novo notification by
The First National Bankshares, Inc., Tucumcari, NM, to
acquire First Security Trust Company, Tucumcari, NM
(to engage in trust activities)

N/A

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

APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF MAY 6, 1991

Name of Bank

City & State

Date of Examination

None.

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




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 5/17/91
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

First Interstate Bank of California, Los
Angeles, California, to establish an ATM
facility within the Woolen Mill Building at
Ghiradelli Square, San Francisco, CA. *

Newspaper:

5/20/91

Valley Bank of Nevada, Las Vegas, Nevada, to
establish a branch office at Cashel1 and
South McCarran, Reno, Nevada. *

Newspaper:

5/17/91

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Berkshire Hathaway, Inc., Omaha, Nebraska,
and subsidiaries to increase proportionate
interest in voting shares of Wells Fargo &
Company, San Francisco, California, from
9.7 to as much as 22 percent.

Newspaper:

6/14/91

Fed. Reg.:

6/11/91

Section III - Applications Subject to Federal Register Notice Only
C.N. Bancorp, Ltd., Taipei, Taiwan, and CNB
Bancorp, San Francisco, California, to engage
directly in making and servicing loans.

Fed. Reg.:

6/05/91

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

Section V - Availability of CRA Public Evaluations

*

Information about a particular institution's CRA evaluation may be obtained
directly from the institution.
Institution
None
* Subject to CRA




Location

Examination Date

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