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i
ANNOUNCEMENT
BOARD OF G O VERNORS
OF THE
FE D E R A L RE S E R V E SYSTEM

H.2, 1991, NO. 20
AotSjlpns of the Board, its Staff, and
n
0)
the Federal R e serve Banks;
^
A p p l i c a t i o n s and R e ports R e c e i v e d
„ vOui^S^Hche W e e k Ending M a y 18, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

TESTIMONY AND STATEMENTS
Level of saving in the United States — statement by
Chairman Greenspan before the Senate Committee on
Finance, May 16, 1991.
Published, May 16, 1991.
BANK HOLDING COMPANIES
North Fork Bancorporation, Mattituck, New York — to
acquire Eastchester Savings Bank, Mount Vernon, New
York.
Approved, May 17, 1991.
BOARD OPERATIONS
Rules Regarding Delegation of Authority — technical
reorganization with delegation to the Secretary of
the Board, with the concurrence of the General
Counsel, of the authority to make technical
corrections to its regulations (Docket R-0731).
Approved, May 15, 1991.
FORMS




Domestic Finance Company Report of Consolidated
Assets and Liabilities (FR 2248) — extension.
Approved, May 16, 1991.
Monthly Survey of Debits to Demand and Savings
Deposit Accounts (FR 2573) — extension.
Approved, May 16, 1991.
Quarterly Report of Condition for a New York State
Investment Company and its Domestic Subsidiaries
(FR 2886a) — extension.
Approved, May 16, 1991.
Report of Assets of Money Market Mutual Funds
(FR 2051a, b, c, and d) — extension.
Approved, May 16, 1991.

H.2
MAY 13, 1991
PAGE 2

TO

MAY 17, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Retail Fees and Services of Depository Institutions
annual report sent to Congress.
Approved, May 15, 1991.
SECURITIES REGULATION
Regulation G and U — amendments to permit transfers
of purpose loans secured by margin stock between
lenders (Docket R-0730).
Proposed, May 14, 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; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES, DOMESTIC




Atlanta

Bank Independent, Sheffield, Alabama — to establish
the Food Max #78 branch - Florence Square, Cox
Creek Parkway, Highways 133 and 72, Florence,
Alabama.
Approved, May 15, 1991.

San Francisco

California Center Bank, Los Angeles, California —
establish a branch at 1126 South Santee Street.
Approved, May 16, 1991.

San Francisco

Hanmi Bank, Los Angeles, California —
branch at 431 West Seventh Street.
Approved, May 17, 1991.

New York

Manufacturers and Traders Trust Company, Buffalo, New
York — to establish branches at 999 Broadway
Avenue, and 4747 Transit Road, Lancaster, New York.
Approved, May 13, 1991.

Secretary

Trust Company Bank, Atlanta, Georgia — to establish
a limited service facility at Centerbury Court
retirement facility, 3750 Peachtree Street.
Approved, May 16, 1991.

to

to establish a

H.2
MAY 13, 1991
PAGE 3

TO

MAY 17, 1991

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

BANK HOLDING COMPANIES




Dallas

Alvin Bancshares Delaware, Inc., Wilmington, Delaware
— to acquire Alvin State Bank, Alvin, Texas.
Approved, May 16, 1991.

S t . Louis

Arvest Bank Group, Inc., Bentonville, Arkansas — to
acquire the Village South National Bank, Tulsa,
Oklahoma.
Approved, May 15, 1991.

Richmond

BB&T Financial Corporation, Wilson, North Carolina —
to acquire Albemarle Savings and Loan Association,
Elizabeth City, North Carolina.
Approved, May 17, 1991.

Kansas City

Citizens Bancshares Company, Chilicothe, Missouri —
to acquire Boonslick Bank, Boonville, Missouri,
which was formed to acquire certain assets and
assume certain liabilities of the Boonville office
of the Boonslick Federal Savings and Loan
Association.
Approved, May 17, 1991.

Chicago

Citizens Bankshares-Luxemburg, Inc., Luxemburg,
Wisconsin — to acquire Citizens State BankLuxemburg.
Returned, May 14, 1991.

Dallas

Dalhart Bancshares, Inc., Dalhart, Texas — to
acquire Citizens Savings Association, Amarillo,
Texas.
Permitted, May 17, 1991.

Dallas

Dalhart Bancshares, Inc., Dalhart, Texas — proposal
that Citizens Savings Association, Amarillo, Texas,
merge with Citizens State Bank of Dalhart, Dalhart,
Texas.
Approved, May 17, 1991.

Chicago

First Shares, Inc., Platteville, Wisconsin — to
engage de novo in the extension of agriculture
credits that are discounted to the Farm Credit Bank
in St. Paul, Minnesota.
Returned, May 15, 1991.

H.2
MAY 13, 1991
PAGE 4

TO

MAY 17, 1991

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

BANK HOLDING COMPANIES




Atlanta

Middle Georgia Bankshares, Inc., Unadilla, Georgia —
to engage in collection agency activities through
MGB Collections, Vienna, Georgia.
Approved, May 13, 1991.

Minneapolis

Minnesota-Wisconsin Bancshares, Inc., Newport,
Minnesota, MidAmerica Banshares, Inc., and
MidAmerica Bank, Maplewood, Maplewood, Minnesota —
to acquire The Battle Creek Bank, St. Paul,
Minnesota.
Approved, May 17, 1991.

Chicago

Prairie Bancorp, Inc., Manlius, Illinois —
acquire Bank of Ladd, Ladd, Illinois.
Approved, May 15, 1991.

Dallas

PSB Financial Corp., Many, Louisiana — proposal that
PSB Savings Bank, FSB, Coushatta, Louisiana, merge
with Peoples State Bank, Many, Louisiana.
Approved, May 17, 1991.

Dallas

PSB Financial Corp., Many, Louisiana — to acquire
PSB Savings Bank, Coushatta, Louisiana.
Permitted, May 17, 1991.

Chicago

Sandwich Banco, Inc., DeKalb, Illinois — to acquire
Colonial Bank of Granite City, Granite City,
Illinois.
Approved, May 17, 1991.

Chicago

Swea City Bancorporation, Inc., Swea City, Iowa — to
acquire Tietje Insurance Services, Inc., Armstrong,
Iowa.
Returned, May 14, 1991.

Chicago

Valley Bancshares, Inc., Mapleton, Iowa —
Nisswa State Bank, Nisswa, Minnesota.
Approved, May 16, 1991.

Staff Director
BS&R

Wayne Bancorp, Inc., Jesup, Georgia —
registration.
Approved, May 14, 1991.

to

to acquire

transfer agent

H.2
MAY 13, 1991
PAGE 5

TO

MAY 17, 1991

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

BANK MERGERS
Richmond

Centura Bank, Rocky Mount, North Carolina, proposed
purchase of the assets and assumption of the
liabilities of the Wilmington, North Carolina,
branch of Pioneer Savings Bank, Rocky Mount, North
Carolina; and establishment of a branch.
Approved, May 17, 1991.

BANK PREMISES
Richmond

Bank of Ripley, Ripley, West Virginia —
in bank premises.
Approved, May 16, 1991.

Chicago

Bartonville Bank, Bartonville, Illinois —
in bank premises.
Approved, May 16, 1991.

Richmond

Centura Bank, Rocky Mount, North Carolina —
investment in bank premises.
Approved, May 17, 1991.

investment

investment

BANKS, NATIONAL
Minneapolis

Norwest Bank Minnesota, N.A., Minneapolis,
Minnesota — to establish Norwest Bank
International Colorado.
Approved, May 17, 1991.

BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS




Dallas

American General Life Insurance Company of Delaware,
Houston, Texas — registration statement.
Withdrawn, May 17, 1991.

Dallas

Farah Incorporated, El Paso, Texas —
statement.
Withdrawn, May 17, 1991.

Dallas

Sears Employees Federal Credit Union Dallas, Texas —
registration statement.
Withdrawn, May 16, 1991.

registration

H.2
MAY 13, 1991
PAGE 6

TO

MAY 17, 1991

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

CAPITAL STOCK
Kansas City

First Osmond Corporation, Osmond, Nebraska —
redemption of shares.
Approved, May 16, 1991.

CHANGE IN BANK CONTROL
Dallas

Community Bancorporation, Inc., Bellville, Texas —
change in bank control.
Permitted, May 16, 1991.

Atlanta

First Tampa Bancorporation, Inc., Tampa, Florida —
change in bank control.
Permitted, May 14, 1991.

Dallas

Guardian Bancshares, Inc., Houston, Texas —
in bank control.
Permitted, May 17, 1991.

Kansas City

Nichols Hills Bancorporation, Inc., Oklahoma City,
Oklahoma — change in bank control.
Permitted, May 16, 1991.

change

COMPETITIVE FACTORS REPORTS




Chicago

Amcore Bank National Association, Woodstock Illinois,
proposed merger with Amcore Bank Carpentersville,
Carpentersville, Illinois — report on competitive
factors.
Submitted, May 13, 1991.

Chicago

Amcore Bank National Association, Woodstock,
Illinois, proposed merger with Amcore Bank
Carpentersville, Carpentersville, Illinois —
report on competitive factors.
Submitted, May 13, 1991.

San Francisco

American Savings Bank, FSB, Huntington Beach,
California, proposed merger with American Savings
Bank, F.A., Stockton, California — report on
competitive factors.
Submitted, May 16, 1991.

H.2
MAY 13, 1991
PAGE 7

TO

MAY 17, 1991

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

COMPETITIVE FACTORS REPORTS




Cleveland

Champaign National Bank of Urbana, Urbana, Ohio,
proposed purchase of certain assets and assumption
of the liabilities of the Plain City, Ohio, branch
of Citizens Federal Bank, F.S.B., Miami, Florida report on competitive factors.
Submitted, May 15, 1991.

Chicago

Citizens First State Bank of Dunkirk, Dunkirk,
Indiana, proposed merger with Citizens First State
Bank of Hartford City, Hartford City, Indiana —
report on competitive factors.
Submitted, May 13, 1991.

Chicago

Farmers & Merchants State Bank of Hale, Hale,
Michigan, proposed merger with Presque Isle Bank,
Rogers City, Michigan — report on competitive
factors.
Submitted, May 13, 1991.

Cleveland

First Central National Bank of St. Paris, St. Paris,
Ohio, proposed merger with First Central Interim
National Bank — report on competitive factors.
Submitted, May 15, 1991.

Kansas City

First National Bank of Winfield, Winfield, Kansas,
proposed merger with The Oxford Bank, Oxford,
Kansas — report on competitive factors.
Submitted, May 15, 1991.

S t . Louis

Security Bank of Mountain Grove, Mountain Grove,
Missouri, proposed merger with Southern Missouri
Bank, Mansfield, Missouri — report on competitive
factors.
Submitted, May 17, 1991.

Atlanta

Synovus Financial Corporation, Columbus, Georgia,
proposed acquisition of Athens Federal Savings
Bank, Athens, Georgia — report on competitive
factors.
Submitted, May 17, 1991.

H .2
MAY 13, 1991
PAGE 8

TO

MAY 17, 1991

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

COMPETITIVE FACTORS REPORTS
Richmond

TygartS Valley National Bank of Elkins, Elkins, West
Virginia, proposed merger with Community Bank &
* Trust, National Association, Fairmont, West
Virginia — report on competitive factors.
Submitted, May 17, 1991.

EXTENSIONS OF TIME




San Francisco

First Hawaiian, Inc., Honolulu, Hawaii — extension
to August 30, 1991, to acquire First Interstate of
Hawaii, Inc.
Granted, May 16> 1991.

San Francisco

First Interstate Bancorp, Los Angeles, California —
extension to divest certain property.
Granted, May 17, 1991.

San Francisco

First Seven Day Financial, Inc., Lancaster,
California — extension to July 27, 1991, to
acquire Antelope Valley Bank.
Granted, May 17, 1991.

Chicago

Old Second Bancorp, Inc., Aurora, Illinois —
extension to September 23, 1991, to acquire
Affiliated Bank / Burlington, Burlington, Illinois.
Granted, May 15, 1991.

Chicago

Valley Financial Services, Inc., Mishawaka, Indiana - extension to August 13, 1991, to acquire Northern
Indiana Savings Association, F.A., Chesterton,
Indiana;
Granted, May 14, 1991.

San Francisco

Western Security Bancorp, Burbank, California —
extension to August 12, 1991, to engage de novo in
certain trust activities through Oakmont Escrow,
Inc., Toluca Lake, California.
Granted, May 17, 1991.

H.2
MAY 13, 1991
PAGE 9

TO

MAY 17, 1991

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

INTERNATIONAL OPERATIONS
Staff Director
BS&R

Bankers Trust New York Corporation, New York, New
York — to establish and invest in three special
purpose financing companies in the Cayman Islands.
Permitted, May 13, 1991.

Richmond

First Wachovia International Banking Corporation,
Winston-Salem, North Carolina — amendment of
articles of association to change the name to
Wachovia International Banking Corporation.
Approved, May 17, 1991.

Minneapolis

Norwest Bank International Colorado, Minneapolis,
Minnesota — to establish a branch in Denver,
Colorado.
Approved, May 17, 1991.

Chicago

Colonial Bank of Granite City, Sycamore, Illinois —
to become a member of the Federal Reserve System.
Approved, May 17, 1991.

Richmond

New East Bank of Goldsboro, Goldsboro, North Carolina
— to become a member of the Federal Reserve
System.
Approved, May 16, 1991.

San Francisco

Oak Valley Community Bank, Oakdale, California —
become a member of the Federal Reserve System.
Approved, May 17, 1991.

MEMBERSHIP

to

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Dallas —
check collection service.
Approved, May 14, 1991.

to offer a Canadian

Director, FRBO

Federal Reserve Bank of St. Louis — to extend city
and RCPC fine sort deposit deadlines and to
introduce a premium city and premium RCPC deposit
service.
Approved, May 15, 1991.

H .2
MAY 13, 1991
PAGE 10

ADDITIONS AND CORRECTIONS*
TO

MAY 17, 1991

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

COMPETITIVE FACTORS REPORTS




San Francisco

U.S. Trust Company of California, National
Association, Los Angeles, California, proposed
merger with UST California, National Association,
Los Angeles, California — report on competitive
factors.
Submitted, May 10, 1991.

San Francisco

View Federal Bank, A.F.S.B. San Mateo, California.
propoised purchase of assets and assumption of
liabilities of 16 northern California branches of
Western Federal Sayings and Loan Association,
Marina del Rey, California — report on competitive
factors.
Submitted,. May 10, 1991.

San Francisco

Washington Federal Savings and Loan Association,
Seattle, Washington, proposed acquisition of First
Federal Savings and Loan Association — report on
competitive factors.
Submitted, May 10, 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 SU B J E C T TO
N E W S P A P E R NOTI C E ONLY
Application

Comment P e riod E n d i n g Date

Fleet Bank of Maine, Portland,
M a i n e to a cquire c e r t a i n assets
and to assume the d e p o s i t
liabilities of N e w M a i n e
N ational Bank, Portland, M a i n e

05-28-91

S E C T I O N II - A P P L I C A T I O N S S UBJECT TO BOTH
N E W S P A P E R A N D FE D E R A L R E G I S T E R NOT I C E
Application

Comment P e riod E n ding Date

F l e e t / N o r s t a r Financial
N e w s p a p e r 05-28-91
Group,Inc., Providence,
Rhode Island (Fleet)
Federal R e g i s t e r 05-28-91
- section 3(a)(3) a p p l i c a t i o n by
Fleet to acquire F l e e t / N o r s t a r
Ho l d i n g Company, I n c . , Providence,
Rhode Island (Holdings); s e ction 3(a)(1)
a p p l i c a t i o n by Hol d i n g s to acquire Fleet
National Bank of Boston, Boston, Massachusetts,
Fleet National Bank of Connecticut, Hartford,
Connecticut, and Fleet B a n k of Connecticut
SE C T I O N III ~ APPLIC A T I O N S S UBJECT TO
F E D E R A L R E G I S T E R NOTICE ONLY
Application

C o mment P e riod Ending Date

NONE
SE C T I O N IV - APPLIC A T I O N S NOT SU B J E C T TO
F E D E R A L R E G I S T E R OR N E W S P A P E R NO T I C E
Application
NONE
S E C T I O N V - A V A I L A B I L I T Y OF CRA PUBLIC E V A L U A T I O N S

NONE
♦Subject to CRA




Federal Reserve Bank of New York

Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only_________
Norstar Bank of Upstate NY, Albany, New York to merge
with Norstar Bank of Central NY, Syracuse, New York.l/

6/15/91

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Banco de Santander, S.A. de Credito, Santander, Spain to
acquire up to 24.1% of the voting shares of First Fidelity
Bancorporation, Lawrenceville, New Jersey and thereby to
acquire indirectly First Fidelity Incorporated, Newark,
New Jersey; Fidelcor, Inc., Rosemont, Pennsylvania;
Merchants Bancorp, Inc., Allentown, Pennsylvania; Number
One State Bank, Inc., Wilkes-Barre, Pennsylvania; First
Fidelity Bank, N.A., New Jersey, Newark, New Jersey; First
Fidelity Bank, N.A., North Jersey, Totowa, New Jersey;
First Fidelity Bank, N.A., South Jersey, Burlington
Township, New Jersey; Morris Savings Bank, Morristown,
New Jersey; Fidelity Bank, N.A., Malvern, Pennsylvania;
Merchants Bank, N.A., Allentown, Pennsylvania; Merchants
Bank, North, Wilkes-Barre, Pennsylvania; and Fidelity Bank
Delaware, New Castle, Delaware; Banco de Santander to
acquire the nonbanking subsidiaries of First Fidelity
Bancorporation.l/
"
5/31/91 2/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
Union Bank of Switzerland, Zurich, Switzerland to
acquire Chase Investors Management Corporation,
New York, New York and thereby to engage in investment
advisory activities.
SECTION IV
Applications Not Involving
______ Public Comment______
None.




N/A

Federal Reserve Bank of New York

Comment Period
Ending Date

Availability of CRA Public Evaluations
Week Ending Mav 18. 1991
NAME OF BANK
Chemung Canal Trust Company
One Chemung Canal Plaza
Elmira, New York 14902

1/
2/
3/

4/

EXAMINATION DATE

February 4, 1991

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 RESERVE BANK OF PHILADELPHIA

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Comment Period Ending Date
Philadelphia International Bank, Philadelphia,
PA has filed a notice to establish a branch
office in Houston, Texas pursuant to Section
211.4(c) of Regulation K.

4/28/91

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND
FEDERAL REGISTER NOTICE
Comment Period Ending Date
First Peoples Corporation, Westmont (Haddon
Township), NJ, Notice filed on behalf of
Jerome S. Goodman to increase his ownership
of stock from 7.64% to 12.59% (as a result of
acquisition of the said stock by Conwell Limited
Partnership which is controlled by Mr. Goodman),
pursuant to the Change in Bank Control Act of 1978.
Newspaper:
Federal Registers

N/A*
N/A*

Guaranty Bancshares Corporation, Shamokin, PA;
Notice filed on behalf of John C. Tuten, Jr. and
Margaret E. Tuten (husband and wife) to increase
their ownership of common stock from 9.47% to 15%,
pursuant to the Change in Bank Control Act of 1978.
Newspaper:
Federal Register:

6/3/91
N/A*

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 5/17/91

Institutions
Liberty State Bank
P.O. Box 327
Mt. Carmel, PA 17851
(717) 339-3011




Examination Date
1/28/91

Applications Bulletin
For Week Ending May 18, 1991

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
R e c e i v e d a p p l i c a t i o n on M a y 13, 1991 from
The Ohio Bank, Findlay, Ohio, for p e r m i s s i o n
to e s t a b l i s h a b r a n c h at 6880 N o r t h H i g h Street,
Worthington, Ohio.

* J u n e 14,

R e c e i v e d a p p l i c a t i o n on M a y 13, 1991 from
The Fifth T h i r d Bank, Cincinnati, Ohio, for
p e r m i s s i o n to e s t a b l i s h a b r a n c h at 34700
V i n e Street, Cleveland, Ohio.

* J u n e 9,

1991

R e c e i v e d a p p l i c a t i o n on M a y 13, 1991 from
The Fi f t h Thi r d Bank, Cincinnati, Ohio, for
p e r m i s s i o n to e s t a b l i s h a b r a n c h at 6677 Pearl
Road, Cleveland, Ohio.

* J u n e 9,

1991

R e c e i v e d a p p l i c a t i o n on M a y 17, 1991 from
The D o llar Sa v i n g s and Tru s t Company,
Youngstown, Ohio, for p e r m i s s i o n to e s t ablish
a CBCT bran c h at F r a t t a r o l i ' s S p a r k l e Market,
982 Fifth Street, Struthers, Ohio.

* J u n e 16,

SECTION I I

- APPLICATIONS SUBJECT TO BOTH

NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE

*
#
N
F

-

Subject to CRA
Expe c t e d to end a p p r o x i m a t e l y 30 days from the date of r e c e i p t
N e w s p a p e r C o mment Pe r i o d
Federal R e g i s t e r C o m m e n t Period




1991

1991

Applications Bulletin
For Week Ending May 18, 1991

SECTION I I I

- APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
N ONE

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

R e c e i v e d r e q u e s t on M a y 15, 1991 from O hio
Cit i z e n s Bank, Toledo, Ohio, for p e r m i s s i o n
to e x c e e d its limit of investment 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 Se c t i o n 24A of the
F elderal R e s e r v e Act. *

*
#
N
F

-

S u b j e c t to CR A
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 t h e date of receipt
N e w s p a p e r C o m m e n t Period
Federal R e g i s t e r C omment Period




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(May 17, 1991)

The f o l l o w i n g s t a t e m e m b e r banks h a v e b e e n e x a m i n e d b y the Federal
R e s e r v e B a n k of C l e v e l a n d for co m p l i a n c e w i t h The 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 copy of an e v a l u a t i o n document,
p l e a s e c o n t a c t the bank(s) directly.

The Cast a l i a B a n k i n g C o m p a n y
208 Sou t h W a s h i n g t o n St r e e t
Castalia, Ohio 44824
(419) 684-5333
Examined:
F e b r u a r y 19, 1991

The Dime B ank
200 P u t n a m St r e e t
Marietta, O h i o 45750
(614) 373-0237
Examined:
F e b r u a r y 25,

1991

The Gen o a B a n k i n g C o m p a n y
801 M a i n Str e e t
Genoa, O h i o 43430
(419) 855-8381
Examined:
F e b r u a r y 25, 1991




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period Ending Date

None.

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

NCNB Corporation, Charlotte, North
Carolina, to engage in lending activities
through its subsidiary, NCNB Capital
Markets, Inc.

Not yet available.

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
BB&T Financial Corporation, Wilson, North
Carolina, to merge BB&T Savings Bank of
Durham, Durham, North Carolina, with Branch
Banking and Trust Company, Wilson, North
Carolina, through an Oakar transaction.
BB&T Financial Corporation, Wilson, North
Carolina, to merge BB&T Federal Savings
Bank of High Point, High Point, North
Carolina, with Branch Banking and Trust
Company, Wilson, North Carolina, through
an Oakar transaction.
BB&T Financial Corporation, Wilson, North
Carolina, to merge BB&T Federal Savings
Bank of Pitt County, Greenville, North
Carolina, with Branch Banking and Trust
Company, Wilson, North Carolina, through
an Oakar transaction.




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending May 17, 1991

Examination
Date

The Bank of Charlotte County
Main Street
Phenix, Virginia

2-4-91

Hallmark Bank & Trust Company
6810 Commerce Street
Springfield, Virginia

2-11-91

First Commonwealth Bank
204 West Main Street
Wise, Virginia

2-12-91

County Bank of Chesterfield
lu400 Hull Street
Midlothian, Virginia

2-19-91

Peoples Bank of Montross
Kings Highway
Montross, Virginia

2-19-91




Federal Reserve Bank 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 17.

1991

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

Comment Period Ending Date

Flamingo B a n k
Pembroke Pines, Florida
To establish a branch office to be
known as Flamingo Bank - Private Banking
Office located at Suite 813, Concorde
Executive Suites, Inc., Concorde Center I,
2875 N.E., 191st Street, Aventura, Florida.

06-15-91

Section 2 - Applications Subject To Both
Newspaper and Federal Register No t i c e
A p p lica tion

Comment Period Ending Date

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

06-03-91
Federal Register

Interbank H o lding Corporation
Not yet available
Miami, Florida
Along w i t h its parent company, Interban
H o l d i n g C o mpany Limited, Nassau, Bahamas,
to become b a n k holding companies by
acquiring an additional 47.2 percent of
Grovegate Bank, Coconut Grove, Florida,
a state m e m b e r bank.
The acquisition will
increase their total ownership to 53.33 percent.

Section 3 - Applications Subject to
Federal Register Notice Only
Appl i c a t i o n
None.




Comment Period Ending Date

Section 4 - Applications Not Subject to
Federal Register Notice or Newsp a p e r Notice
Ap p l i c a t i o n
None.

Section 10 - Availability of CRA Public Evaluations*
Bank
None.




Examination D a t e

Federal Reserve Bank of Chicago

Section I - Applications Subject to Newspaper
Notice Only
GcRinent Period
Enriinrr Date
Application

Type

Merger/

Branch

First of America Bank - Ann Arbor
Ann Arbor, Michigan

N - 5-19-91

First of America Bank-Wayne
Michigan

Wayne,

Ford-Haggerty Office, 41652 Ford Road
Canton, Michigan
Main Office, 35215 Michigan Avenue
Wayne, Michigan
Sheldon Office, 44520 Michigan Avenue
Canton, Michigan*
Branch

Security Bank St. Clair Shores
St. Clair Shores, Michigan
19080 East 10 Mile Road
East Detroit, Michigan*

N

- 5-30-91

Section II - Applications Subject to Both Newspaper and Federal
Registar Notice
dement Period

Type

Application

CoC-HC

First Hanover Bancorp, Inc.
Hanover, Illinois
Harley L. Zeal

FR - 2-27-91
N - 5-10-91

Y-2

Readlyn Bancshares, Inc.

FR - 5-28-91
N - **

St. Paul, Minnesota
Britt Bancshares, Inc.
St. Paul, Minnesota
First State Bank
Britt, Iowa*

Y-l

Monona Bankshares, Inc.
Madison, Wisconsin

Ending Date

KR - 5-20-91
- 5-24-91

N

Monona State Bank (in organization)
Monona, Wisconsin*

Y-l

Mansfield Bancorp, Inc.
Mansfield, Illinois
Peoples State Bank of Mansfield
Mansfield, Illinois*

Y-l

Wisconsin Financial Bancorporation, Inc.
FR - 5-28-91
Minneapolis, Minnesota
N - **
First Natonal Bank and Trust Company of Rarabcxo
Baraboo, Wisconsin
The Bank of Edgar
Edgar, Wisconsin*




FR - 5-28-91
N - 4-6-91

Federal Reserve Bank of Chicago

Section II - Applications Subject to Both Newsoape
Reaistar Notice
Continued

and Federal

Comment Period

Type
Y-l

Bank Management Group, Ltd.

Enriinn Date

Application
Manchester, Icwa
First Winthrpp Bancorporation, Inc.
Winthrpp Icwa
Peoples itate Bank
Winthrpp, Icwa*

Y-2

Type

First Michigan Bank Corporation
Holland, Michigan
FMB-Trust and Financial Services
National Association (in organization)
Holland, Michigan*

FR - 6-5-91
N - **

FR - **

N

- **

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

4(c)(8)

Bluesten Financial Corp.
Fairfaury, Illinois
Bluestem Financial Services, Inc.
Fairfaury, Illinois

FR - 5-28-91

4(c)(8)

Marquette National Corporation
Chicago, Illinois
Churchville Limited Partnership
Chicago, Illinois

FR - 5-31-91

Y-4

Caisse Nationale De Credit Agricole S.A.
Paris, France
Credit Agricole Futures, Inc.
Chicago, Illinois

FR - 4-8-91

4(c)(8)

Seaway Bancshares, Inc.
Chicago, Illinois
Seaway Investment Management Company
Chicago, Illinois

FR - **




Federal Reserve Bank of Chicago

Section IV - Applications Not Subject to F = t r a Register or Newspaper
<*e-l
Notice
Application
RoS

Manhattan Bancshares, Inc.
Manhattan, Illinois

To redeem 1,200 shares (27.3 percent) of ccmmon stock

N
FR
*
**

-




Newspaper
Federal Register
Subject to Provisions of Cannunity Reinvestment Act
Not available at this timp

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 17, 1991.

BANK NAME/LOCATION

EXAMINATION DATE

-G.W. Jones Exchange Bank
115 West Main, Box 246
Marcellus, Michigan 49067

2/04/91

-Kingston State Bank
5854 State Street
Kingston, Michigan 48741

2/04/91

-First State Bank
101 West Center Street
Bourbon, Indiana 46504




2/12/91

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MAY 17, 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

Section 3(a)(1) application by
Cleveland State Bancorp, Inc.,
Cleveland, Mississippi to acquire
Cleveland State Bank, Cleveland,
Mississippi

Not yet available

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
Stock redemption notification by
Montgomery Bancshares, Inc.,
Columbia, Missouri*

*

This application is subject to CRA.




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING MAY 17, 1991

AVAILABILITY OF CRA PUBLIC DISCLOSURES

Bank Name
Elliott State Bank




Bank Address
73 Central Park Plaza East
Jacksonville, Illinois
62651

Examination Date
2-19-91

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*

6-9-91
(Newspaper)

Craig C. Wilcox
To acquire control of 50% of Wilcox
Bancshares, Inc., Grand Rapids, MN

Not available

Section III - Applications Subject
to Federal Register Notice Only

Application
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.

^Subject to CRA




Comment Period
Ending Date
5-31-91

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only (Continued)
Comment Period
Ending Date

Application
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.

5-28-91

State Bank of Ewen
Ewen, MI
To redeem 7.1% of its voting shares

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Wilcox Bancshares, Inc.
Grand Rapids, Minnesota
To redeem 41.7% of its voting
shares.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending May 17, 1991
Bank Name

City/State

Examination Date

The State Savings Bank

Manistique, MI

February 25, 1991

Valley Bank of Ronan

Ronan, MT

March 18, 1991




Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTI C E ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

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

COMMENT PERIOD ENDING DATE

D o n B o d a r d , S h a w n e e , O k l a h o m a , for
a p p r o v a l to a c q u i r e c o n t r o l of 100
p e r c e n t of A m e r i c o r p , Inc., S h a w n e e ,
Oklahoma.

Not

Available

R M B B a n c s h a r e s , Inc., M a r c e l i n e ,
M i s s o u r i , for p r i o r a p p r o v a l to
become a bank holding company through
t h e a c q u i s i t i o n of 80 p e r c e n t of t he
v o t i n g s h a r e s of R e g i o n a l M i s s o u r i
Bank, M a r c e l i n e , Missouri.*

Not

Available

J o h n A. O ' L e a r y a n d S i d n e y A. R e i t z ,
S a l i n a , K a n s a s , a s t r u s t e e s , to
c o n t r o l 7 5 . 3 8 p e r c e n t of the v o t i n g
s h a r e s o f L u r a y B a n k s h a r e s , Inc.,
Luray, Kansas.

Not

Available

C h a r l e s A. a n d L i n d a H u r t h , St.
C l o u d , F l o r i d a , for a p p r o v a l to
r e t a i n 17.3 p e r c e n t direct and
i n d i r e c t c o n t r o l of F i n a n c i a l
H o l d i n g s , Inc., Louisville, Colorado.

May

28,

1991

C r a i g R eeves, Clayton, New Mexico,
f o r p r i o r a p p r o v a l to i n c r e a s e h i s
p r o p o r t i o n a t e o w n e r s h i p i n t e r e s t in
L o s H a c e n d a d o s , Inc., C l a y t o n , N e w
M e x i c o , b y 1 6 . 9 8 p e r c e n t to 26. 1 9
percent.

May

28,

1991

V i o l a Reeves, Clayton, New Mexico,
for a p p r o v a l t o r e t a i n 3 3 . 0 7 p e r c e n t
d i r e c t a n d i n d i r e c t c o n t r o l of L o s
H a c e n d a d o s , Inc., Clayton, New
M e x i c o , a n d to i n c r e a s e th a t c o n t r o l
to 3 5 . 5 1 p e r c e n t .

May

28,

1991

First L i n d s a y Corporation, Lindsay,
O k l a h o m a , f o r p r i o r a p p r o v a l to
become a bank holding company through
t h e a c q u i s i t i o n o f 80 p e r c e n t of th e
v o t i n g s h a r e s o f F i r s t N a t i o n a l Ba n k ,
Lindsay, Oklahoma.*

May

28,

1991




Federal Reserve Bank of Kansas City

George R. Hayden, Jr., St. Joseph,
Missouri, as trustee of 10 trusts,
for approval to retain 40 percent
control of Buchanan County
Bancshares, Inc., St. Joseph,

May 28,

1991

Allan A. Armbruster, Jr., Cozad,
Nebraska, and Allan A. Armbruster,
Jr., Cozad, Nebraska, as trustee for
BJA Irrevocable Trust III, for prior
approval to increase his
proportionate control of Midwest
Banco Corporation, Cozad, Nebraska,
to 16.97 percent.

May 31,

1991

Appleton City Bancshares, Inc.,
Appleton City, Missouri, for prior
approval to acquire 96 percent of the
voting shares of Deepwater State
Bank, Deepwater, Missouri.*

May 28,

1991

Emprise Financial Corporation,
Wichita, Kansas, for prior approval
to acquire 95.82 percent of the
voting shares of Emprise Bank, N.A.,
Hays, Kansas.*

May 31,

1991

Missouri.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL R E G I S T E R N O T I C E ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G I S T E R NOTICE
O R NEWSPAPER NOTICE
APPLICATION
None.
SECTION X ~ AVAILABILITY OF CRA PUBLIC E V A L U ATIONS
BANK/LOCATION

EXAM I N A T I O N DATE

Bank of Southern Colorado
P.O. Box 7194
Pueblo West, CO
81007-0194

February 25,

1991

United Bank & Trust Co.
P.O. Box 988
Norman, OK
73070-0988

February 25,

1991




Federal Reserve Bank o f Kansas City

Wah o o State Bank
P.O. Box 188
Wahoo, NE
68066-0188

♦Application is subject to CRA.




February 25,

1991

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF MAY 13, 1991

.SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP

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

** NOTICE EXP

Change in Control Notice by
Jack D. Sweet and Margaret D. Sweet, Dallas, TX,
to acquire an interest in TB&T, Inc., Dallas, TX

05/06/91

Change in Control Notice by
Allen Lamar Smith, Springhill, LA, to acquire an
interest in Citizens Bankshares of Springhill, Inc.,
Springhill, LA

N/A

♦Section 3(a)(1) application by
A.N.B. Holding Company, Ltd., Terrell, TX, to acquire
The American National Bank of Terrell, Terrell, TX

06/06/91

♦Section 3(a)(1) application by
Columbus Bancorp, Inc., Columbus, TX, to acquire
Columbia Bancorp-Delaware, Inc., Wilmington, DE, and
The First State Bank, Columbus, TX

06/07/91

♦Section 3(a)(1) application by
Columbia Bancorp-Delaware, Inc., Wilmington, DE, to
acquire The First State Bank, Columbus, TX

06/07/91

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
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)




NOTICE EXP

06/03/91

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 13. I99l
Name of Bank
Minden Bank & Trust
Company
P. 0. Box 400

Crowell State Bank
P. 0. Box 359

City & State

Date of Examination

Minden, LA 71058-0400

02-04-91

Crowell, TX

02/25/91

79227

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




Week ending 5/17/91
Section I - Applications Subject to Newspaper Notice M b ?
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. Rea.:

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 Sub.iect 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