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ANNOUNCEMENT
BOARD OF G O V E R N O R S
OF TH E
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 47
A c t i o n s 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 R eceived
D u r i n g the W eek En d i n g N o v e m b e r 25, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Margin regulation -- statement by Chairman Greenspan
before the Subcommittee on Telecommunications and
Finance of the House Committee on Commerce,
November 30, 1995.
Authorized, November 22, 1995.
BANK HOLDING COMPANIES
National Australia Bank Limited, Melbourne, Australia
-- request for reconsideration of the Board* s
,
approval of the applications and notices to acquire
Michigan National Corporation, Farmington Hills,
Michigan, and its banking and nonbanking
subsidiaries.
Denied, November 20, 1995.
Union Planters Corporation, Memphis, Tennessee -- to
merge with Capital Bancorporation, Inc., Cape
Girardeau; Maryland Avenue Bancorporation, Clayton,
and Century State Bancshares, Jackson, all of
Missouri, and to acquire Capital's subsidiary
banks.
Approved, November 20, 1995.
BANKS. FOREIGN
Credit Communal de Belgique S.A., Brussels, Belgium *
- to establish a branch in New York, New York.
Approved, November 20, 1995.
INTERNATIONAL OPERATIONS




Bankers Trust Company, New York, New York -- to raise
additional funding for Bankers Trust International
PLC, London, England.
Permitted, November 22, 1995.
Citibank, N.A., New York, New York -- to make an
investment in Saudi American Bank Limited, London,
England.
Permitted, November 24, 1995.
Morgan Guaranty International Finance Company, New
York, New York - -to make an investment in Bank of
the Philippine Islands, Manila, Philippines.
Permitted, November 24, 1995.

H 2
NOVEMBER 20, 1995
PAGE 2

TO

NOVEMBER 29, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

RESERVE BANK OPERATIONS
Federal Reserve Bank of Atlanta -- appointment of
Jack Guynn as President, effective January 1, 1996.
Approved, November 16, 1995.
Directors -- appointment of Chairmen and Deputy
Chairmen of the twelve Federal Reserve Banks for
1996.
Announced, November 21, 1995.
REGULATIONS AND POLICIES
Capital and surplus -- request for public comment on
proposed rule concerning the definition of capital
stock and surplus for purposes of Section 23A of
the Federal Reserve Act (Docket R-0902).
Approved, November 22, 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; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




New York

Chemical Bank, New York, New York --to establish an
offsite electronic facility at Mastercard
International, 200 Purchase Street, Harrison, New
York.
Approved, November 24, 1995.

New York

Growth Bank, Basking Ridge, New Jersey --to
establish an offsite electronic facility at
32 Speedwell Avenue, Morristown, New Jersey.
Approved, November 21, 1995.

New York

Marine Midland Bank, Buffalo, New York - -to
establish a branch at 27 East Broadway, New York,
New York, and 269 Carnal Street.
Approved, November 21, 1995.

H .2
NOVEMBER 20, 1995
PAGE 3

TO

NOVEMBER 24, 1995

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

BANK BRANCHES■ DOMESTIC
Chicago

Northern Trust Company, Chicago, Illinois --to
establish branches at 8501 West Higgins Road; 6401
North Harlem Avenue; 1501 Woodfield, Schaumburg;
265 Deerpath Road, Lake Forest; 120 East Cranton
Avenue, Lake Bluff; 959 South Waukegan; Lake
Forest; 701 South McKinley; One Oakbrook Terrace,
Oakbrook Terrace; and 400 East Diehl Road,
Naperville, Illinois.
Approved, November 21, 1995.

Cleveland

Provident Bank of Kentucky, Alexandria, Kentucky -to establish a branch at Popular Ridge Road and
Alexandria Pike.
Approved, November 21, 1995.

BANK HOLDING COMPANIES




Minneapolis

BANKFIRST Corporation, Inc., Sioux Falls, South
Dakota - -to acquire BANKFIRST, N.A.
Approved, November 22, 1995.

Philadelphia

BT "Financial Corporation, Johnstown, Pennsylvania to acquire The Huntington National Bank of
Pennsylvania, Uniontown, Pennsylvania.
Approved, November 21, 1995.

St. Louis

CNB Bancshares,Inc. Evansville, Indiana -- to
,
engage in finance company activities through the
acquisition of Service Financial, Inc., Harriman,
Tennessee, and Southern Fin since Company, Inc.,
Madisonville, Kentucky.
Approved, November 24, 1995.

Richmond

Crestar Financial Corporation, Richmond, Virginia -to engage in lending, investment advice and leasing
through Crestar Securities Corporation.
Approved, November 24, 1995.

H .2
NOVEMBER 20, 1995
PAGE 9

TO

NOVEMBER 29, 1995

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

BANK HOLDING COMPANIES




Richmond

FCNB Bancorp, Inc., Fayetteville, West Virginia -- to
acquire Fayette County National Bank, Inc.
Approved, November 21, 1995.

Dallas

First Financial Bankshares, Inc., Abilene, Texas -to merge with Citizens Equity Corporation,
Weatherford, Texas.
Approved, November 20, 1995.

Dallas

First Financial Bankshares of Delaware, Inc.,
Wilmington, Delaware -- to merge with Citizens
Equity Corporation, Weatherford, Texas.
Approved, November 20, 1995.

Atlanta

First National Bancorp, Gainesville, Georgia -- to
acquire The Bank of Heard County, Franklin,
Georgia.
Approved, November 22, 1995.

St. Louis

First National Security Company, DeQueen, Arkansas,
and First National Bancshares of Hempstead County,
Inc., Hope, Arkansas -- to acquire First National
Bank of Lewisville, Lewisville, Arkansas.
Approved, November 20, 1995.

Kansas City

Lyons Bankshares, Inc., Lyons, Kansas --to acquire
The Coronado Bank of Lyons.
Approved, November 22, 1995.

New York

National Westminster Bank PLC, London, England -- to
acquire Gleacher 8 Co., Inc., New York, New York,
t
and engage in merger and acquisition advisory
services and related corporate financial advice.
Approved, November 22, 1995.

New York

National Westminster Bank PLC, London, England --to
engage in making equity investments in corporations
or projects designed primarily to promote community
welfare.
Approved, November 22, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
acquire The Bank of Robstown, Robstown, Texas.
Approved, November 21, 1995.

H .2
NOVEMBER 20, 1995
PAGE 5

TO

NOVEMBER 24, 1995

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

BANK HOLDING COMPANIES




Director, BS&R

Panhandle Aviation, Inc., Clarinda, Iowa -- relief
from commitments made in connection with
acquisition of Farmers Savings Bank, Freemont,
Iowa, and Johnson Insurance Agency.
Granted, November 22, 1995.

Minneapolis

Parkers Prairie Bancshares, Inc., Parkers Prairie,
Minnesota -- to acquire Waubun Bancshares, Inc.,
Waubun, Minnesota, and Farmers State Bank of
Waubun.
Approved, November 22, 1995.

Atlanta

Republic Security Financial Corporation, West Palm
Beach, Florida, and Republic Security Bank -request for waiver of application to acquire Banyon
Bank, Boca Raton, Florida.
Approved, November 22, 1995.

Kansas City

Star Valley Banc Shares, Inc., Afton, Wyoming -- to
acquire The Bank of Star Valley.
Approved, November 20, 1995.

Philadelphia

Susquehanna Bancshares, Inc., Lititz, Pennsylvania
to acquire Fairfax Financial Corporation,
Baltimore, Maryland, and Fairfax Savings, F.S.B.
Approved, November 21, 1995.

Philadelphia

Susquehanna Bancshares, Inc., Lititz, Pennsylvania -to acquire Advantage Investments, Inc., Baltimore,
Maryland, and engage in securities activities.
Approved, November 21, 1995.

Philadelphia

Susquehanna Bancshares, Inc., Lititz, Pennsylvania -to acquire Fairfax Mortgage Corporation, Baltimore,
Maryland.
Approved, November 21, 1995.

Secretary

Union Planters Corporation, Memphis, Tennessee - - t o
acquire First Bancshares of Eastern Arkansas, Inc.,
West Memphis, Arkansas, and First National Bank in
West Memphis.
Approved, November 21, 1995.

H .2
NOVEMBER 20, 1995
PAGE 6

TO

NOVEMBER 24, 1995

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

BANK HOLDING COMPANIES
Secretary

Union Planters Corporation, Memphis, Tennessee -- to
acquire First Bancshares of N.E. Arkansas, Inc.,
Osceola, Arkansas, and First National Bank of
Osceola.
Approved, November 21, 1995.

San Francisco

Viking Financial Services Corporation, Seattle,
Washington -- to acquire Viking Community Bank.
Approved, November 24, 1995.

Secretary

Whitney Holding Corporation, New Orleans, Louisiana - to establish WCDC, Inc., New Orleans, Louisiana,
and engage in making equity and debt investments in
corporations designed primarily to promote
community welfare.
Approved, November 24, 1995.

BANK MERGERS




Cleveland

Fayette Bank, Uniontown, Pennsylvania -- to acquire
The Huntington National Bank of Pennsylvania, and
establish branches.
Approved, November 21, 1995.

New York

Marine Midland Bank, Buffalo, New York -- to acquire
certain assets and assume certain liabilities of
the two New York City retail branch banking offices
of HangSeng Limited, Hong Kong, and to establish
branches.
Approved, November 21, 1995.

Chicago

Northern Trust Company, Chicago, Illinois -- to merge
with Northern Trust Bank/01Hare, National
Association; Northern Trust Bank/Lake Forest,
National Association, Lake Forest; and Northern
Trust Bank/DuPage, Oakbrook Terrace, Illinois, and
to establish branches.
Approved, November 21, 1995.

Atlanta

Republic Security Bank, West Palm Beach, Florida -to merge with Banyan Bank, Boca Raton, Florida.
Approved, November 22, 1995.

H .2
NOVEiBER 20, 1995
PAGE 7

TO

NOVEMBER 2 4 , 1995

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE B A N K S
UNDER DELEGATED AUTHORITY

BANK MERGERS
Atlanta

Republic Security Bank, West Palm Beach, Florida -to merge with Banyan Bank, Boca Raton, Florida.
Approved, November 22, 1995.

BANKS. STATE MEMBER
Kansas City

Bank of Commerce, Wetumka, Oklahoma -- payment of a
dividend.
Approved, November 21, 1995.

Richmond

Carolina County Bank, Greensboro, Maryland -- payment
of a dividend.
Approved, November 22, 1995.

Kansas City

Morris State Bank, Morris, Oklahoma -- payment of a
dividend.
Approved, November 21, 1995.

Kansas city

Weleetka State Bank, Weleetka, Oklahoma -- payment of
a dividend.
Approved, November 21, 1995.

CHANGE IN BANK CONTROL
Chicago

Rigler Investment Co., New Hampton, Iowa -- change in
bank control.
Permitted, November 21, 1995.

Chicago

WFC, Inc., Waukon, Iowa -- change in bank control.
Permitted, November 22, 1995.

COMPETITIVE FACTORS REPORTS




Boston

Centerpoint Bank, Bedford, New Hampshire, proposed
merger with Community Interim Trust Company,
Concord, New Hampshire -- report on competitive
factors.
Submitted, November 24, 1995.

Kansas City

Citizens National Bank, Greenleaf, Kansas, proposed
merger with First State Bank of Lansing, Lansing,
Michigan -- report on competitive factors.
Submitted, November 22, 1995.

H .2
NOVEMBER 20, 1995
PAGE 8

TO

NOVEMBER 24,

1995

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

COMPETITIVE FACTORS REPORTS




St. Louis

Commercial Bank & Trust Company, Paris, Tennessee,
proposed purchase of certain assets and assumption
of certain liabilities of the Camden, and Union
City, branches of NationsBank of Tennessee,
National Association, Nashville, Tennessee -report on competitive factors.
Submitted, November 20, 1995.

St. Louis

Eastern National Bank, Miami, Florida, proposed
merger with ENB Interim National Bank -- report on
competitive factors.
Submitted, November 21, 1995.

Chicago

First National Bank of Three Rivers, Three Rivers,
Michigan, proposed merger with The Interim First
National Bank of Three Rivers -- report on
competitive factors.
Submitted, November 22, 1995.

Kansas City

Investors Fiduciary Trust Company, Kansas City,
Kansas, proposed merger with State Street Bank and
Trust Company of Missouri, Kansas City, Missouri -report on competitive factors.
Submitted, November 22, 1995.

Minneapolis

MidAmerica Bank, Newport, Minnesota, proposed merger
with Minnesota State Bank, St. Paul, Minnesota -report on competitive factors.
Submitted, November 22, 1995.

Boston

Passumpic Savings Bank, St. Johnsbury, Vermont,
proposed acquisition of the assets and assumption
of the liabilities of the Main Street, Danville,
Vermont, branch of The Merchants Bank, Burlington,
Vermont -- report on competitive factors.
Submitted, November 22, 1995.

Philadelphia

Suburban Federal Savings Bank, Collingdale,
Pennsylvania, proposed merger with Main Line
Federal Savings Bank, Ardmore, Pennsylvania -report on competitive factors.
Submitted, November 24, 1995.

H.2
NOVEMBER 20, 1995
PAGE 9

TO

NOVEMBER 24, 1995

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

COMPETITIVE FACTORS REPORTS
Chicago

United Bank and Trust Company, Sheffield, Iowa,
proposed merger with Alden State Bank, Alden,
Iowa -- report on competitive factors.
Submitted, November 21, 1995.

Philadelphia

West Jersey Community Bank, Fairfield, New Jersey,
proposed merger with Sovereign Bank, A Federal
Savings Bank, Wyomissing, Pennsylvania -- report on
compet it ive factors.
Submitted, November 24, 1995.

Cleveland

Western Ohio Financial Corporation, Springfield,
Ohio, proposed acquisition of the .assets and
assumption of the liabilities of the Mayflower
Savings Bank, Cincinnati, Ohio -- report on
competitive factors.
Submitted, November 20, 1995.

Philadelphia

Wilmington Savings Fund Society, FSB, Wilmington,
Delaware, proposed purchase of the assets and
assumption of the liabilities of the Dover,
Delaware, branch of Beneficial National Bank,
Wilmington, Delaware -- report on competitive
factors.
Submitted, November 24, 1995.

EXTENSIONS OF TINE




Director, BS&R

Bank of Aaerica National Trust & Savings Association,
Sam Francisco, California -- extension to divest
certain property.
Granted, November 24, 1995.

Boston

Benjamin Franklin Bamcorp, M.H.C., Franklin,
Massachusetts, -- extension to acquire Benjamin
Franklin Savings Bamk.
Granted, November 22, 1995.

Chicago

Merchants Bamcorp, Inc., Aurora, Illinois
extension to Matrch 29, 1996, to acquire Valley Banc
Services Corp., Saint Chaurles, Illinois, Hinckley
State Bamk, Fox Valley Bamk; and Anchor Bamk, Third
Lake, Illinois.
Gramted, November 20, 1995.

H.2
NOVEMBER 2 0 ,
PAGE 10

1995

TO

NOVEMBER 2 9 ,

1995

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

EXTENSIONS OF TIME
Minneapolis

Norwest Corporation, Minneapolis, Minnesota -extension to February 29, 1996, to establish
Southeastern Residential Mortgage, Raleigh, North
Carolina.
Granted, November 22, 1995.

Director, BS&R

Westaaerica Bancorporation, San Rafael, California
extension to divest certain property.
Granted, November 22, 1995,

MEMBERSHIP




Kansas City

Bank of Star Valley, Afton, Wyoming - - t o become a
member of the Federal Reserve System.
Approved, November 20, 1995.

H .2
NOVEMBER 20, 1995
PAGE 11

ADDITIONS AND CORRECTIONS
TO

NOVEMBER 2a, 1995

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

BANK BRANCHES. DOMESTIC
San Francisco

First Security Bank of Nevada, Las Vegas, Nevada -to establish a branch at 2820 West Charleston,
Suite B15.
Approved, November 17, 1995.

BANK HOLDING COMPANIES
Director, BS&R

Community Banks, Inc., Millersburg, Pennsylvania -transfer agent registration.
Withdrawn, November 16, 1995.

Philadelphia

Keystone Financial, Inc., Harrisburg, Pennsylvania -to acquire National Security American Life
Insurance Company.
Approved, November 16, 1995.

COMPETITIVE FACTORS REPORTS




Atlanta

NationsBank of Georgia, Atlanta, Georgia, proposed
merger with NationsBank of Florida, Valdosta,
Georgia -- report on competitive factors.
Submitted, November 16, 1995.

Cleveland

Society National Bank, Indiana, South Bend, Indiana,
proposed merger with KeyBank National Association,
Angola, Indiana -- report on competitive factors.
Submitted, November 17, 1995.

H .2
NOVEMBER 20, 1995
PAGE 12

ADDITIONS AND CORRECTIONS
TO

NOVEMBER 24,

1995

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

COMPETITIVE FACTORS REPORTS




Cleveland

Tri-County National Bank, Corbin, Kentucky, proposed
purchase of the assets and assumption of the
liabilities of the Barbourville, Kentucky, branch
of Alliance Bank, FSB, Somerset, Kentucky -- report
on competitive factors.
Submitted, November 17, 1995.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period E n ding Date

Application
NONE

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

Comment Period Ending Date

B ankn o r t h Group, Inc.,
Burlington, V ermont 3 ( a ) (3) a p p l i c a t i o n
to acquire First
Mas s a c h u s e t t s Bank,
N.A., Worcester,
Massach u s e t t s *

The Safety Fund Corporation,
Fitchburg, M a s s a c h u s e t t s Change in Bank Control
n o t i f i c a t i o n filed by
D a v i d Mas s a d

Newspaper

Not Yet Es t a b l i s h e d

Federal R e g i s t e r

Not Yet Es t a b l i s h e d

Newspaper

Not Yet E s t a b l i s h e d

Federal R e g i s t e r

Not Yet E s t a b l i s h e d

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date

B a n k n o r t h Group, Inc.,
Burlington, V e r m o n t 4 ( c ) (8) n o t i f i c a t i o n
to engage in trust
activities through
Stratevest Group, N . A . ,
Burlington, Vermont

Federal Reg i s t e r

12-11-95

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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

E x a m i n a t i o n Date

R a t i n g **

NONE

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



- Satisfactory;

"N"

- Needs to

Federal Reserve Bank of New York
Comment Period
__Ending Date

SECTION J
Applications Subject to Newspaper

--------- Notice

O n l y _________

United Jersey Bank, Hackensack, New Jersey,
to establish an offsite electronic facility
at Kean College, 1000 Morris Avenue, Union,
New Jersey. X/

12/14/95

European American Bank, New York, New York,
to establish a branch at 195 Montague Street,
Brooklyn, New York. 1/

12/23/95

SECTION I I
Applications Subject to Both
Newspaper and Federal Register Notice
None.
SECTION III
Nonbanking Applications
isuhiect to Federal Register Notice Only)
None.

.S
ECTION i y
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.
wee
NAME , F BANK,,
Q
,,

k

November 25, ,
1995
RAXING

EXAMINATION DATE

None.
1/
2/
2./

4/

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




FEDERAL RESERVE BANK OF P H IL A D E L P H IA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY

NONE
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
Drovers Bancshares Corporation, York, PA, is the subject of a Change in Bank Control
filed by Robert H. Stewart, Jr., Karylee Gilbert, Terrence S. Stewart, and Gary A.
Stewart, et al., York, PA, to retain control of up to 15% of the holding company,
pursuant to the Change in Bank Control Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

11/27/95
N/Avail

Norwood Financial Corp., Honesdale, PA to become a bank holding company through the
acquisition of 100% of the voting shares of Wayne Bank, Honesdale, PA, pursuant to
Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended.
Federal Register comment period expires:
Newspaper Notice comment period expires:

N/Avail
N/Avail

New Century Bank/ Phoenixville, PA, is the subject of a Change in Bank Control filed
by Kenneth B. Mumma and Moira F. Mumma, Chester Springs, PA, to acquire control of up
to 27.5% of the proposed bank, pursuant to the Change in Bank Control Act.
Federal Register comment period expires:
Newspaper Notice comment period expires:

N/Avail
N/Avail

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE OR
NEWSPAPER NOTICE
Woodlands Bank, Williamsport, PA, has filed a notice of Change
Membership and has applied for full trust powers.




in Conditions of

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending November 24, 1995.
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve
itsoverall
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.
B a n k /L o ca tio n

Examination Date

CRA Rating

NONE

NONE

NONE




F ederal Reserve B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending November 25, 1995)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
NONE
SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Received Section 4(c)(8) notice from Colonial
Banc Coip., Eaton, Ohio, on November 13, 1995,
of its intent to establish Financial Services, In c .,
Eaton, Ohio, and engage in real estate appraisal
services pursuant to Section 225.25(b)(13) of
Regulation Y.

December 12, 1995

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEW
SPAPER NOTICE
NONE

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



AVAILABILITY O F CRA PUBLIC EVALUATIONS
(November 24, 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 November 24,
1995. If you are interested in obtaining a copy o f an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs 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 IM PR O V E: 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 C O M PLIA N CE: 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




F e d e ra l Reserve Bank o f Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Crestar Bank, Richmond, Virginia, to
establish a branch at 801 James Madison
Highway (Wal-Mart Supercenter), Culpeper,
Virginia.*

12-13-95

Summit Financial Corporation, Greenville,
South Carolina, to acquire Domestic Loans,
Inc., and A+ Loans, Inc., Manning, South
Carolina.

12-16-95

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

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

Poca Valley Bankshares, Inc., Walton,
West Virginia, to engage in insurance
agency activities through a new sub­
sidiary, Poca Valley Insurance and
Financial Services Co., Inc., Walton,
West Virginia, at offices located in
Clendenin, Elkview, and Walton, West
Virginia.

Not yet available.

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

^'Application is subject to CRA requirements.



F e d e ra l Reserve Bank o f Richmond
Availability of CRA Public Evaluations
Week ending November 24, 1995

Definition of Ratings

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

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

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

Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Examination
Date

Rating

Regency Bank
1011 East Main Street
Richmond, Virginia 23219

9-5-95

Satisfactory

Benchmark Community Bank
100 South Broad Street
Kenbridge, Virginia

9-5-95

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 24, 1995
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

United American Bank of Central Florida
12-10-95*
Orlando, Florida
To establish a branch located at 1700 Vine Street, Kissimmee, Florida,
known as the Kissimmee Office.

to be

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Community Bank of South Florida, Inc.
11-27-95*
Homestead, Florida
Newspaper
After-the-fact change in control notice by Mr. Neal Palmer Brooks to retain 11.64
percent of the outstanding shares of Community Bank of South Florida, Inc.,
Homestead, Florida.
FMB Bankshares, Inc.
12-15-95*
Lakeland, Florida
Federal Register
Change in control notice by William Larry Lee to acquire an additional 1.79
percent of the outstanding shares of FMB Bankshares, Inc., Lakeland, Florida.
Total ownership will equal 15.24 percent.
ASB Investors, LLC
Not yet available*
Atlanta, Georgia
1-BHC formation to acquire Cobb American Bank & Trust Company, Marietta, Georgia,
through the 50.1 percent acquisition of its parent company, American Bankshares,
Inc., Marietta, Georgia.
Hibernia Corporation
11-30-95*
New Orleans, Louisiana
Newspaper
To merge with Bunkie Bancshares, Inc., Bunkie, Louisiana, and thereby directly
acquire Bunkie Bank & Trust Company, Bunkie, Louisiana, pursuant to Section
3(a)(5) of the Bank Holding Company Act.
Sunset Bancorp, Inc.
Not yet available*
Sunset, Louisiana
1-BHC formation, Bank of Sunset and Trust Company, Sunset, Louisiana.
Tuscaloosa Bancshares, Inc.
Not yet available*
Denham Springs, Louisiana
After-the-f ace change in control notice by Mr. Calvin Clifford Fayard, Jr., to
retain 7.5 percent of the outstanding shares of Tuscaloosa Bancshares, Inc.,
Denham Springs, Louisiana. Total ownership will equal 17.1 percent.

*Subject to the provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 24, 1995
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

None.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 24, 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 low- and moderateincome 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
Date

Bank

Rating

The Blackshear Bank
Post Office Box 189
Blackshear, Georgia
(912)449-6685

Satisfactory

08-21-95

United American Bank of
Central Florida
105 West Colonial Drive
Orlando, Florida 32801
(407)648-0546

Satisfactory

08-14-95

Independent Bank of Ocala
Post Office Box 2900
Ocala, Florida 32678
(904)622-2377

Satisfactory

08-21-95




31516

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 24. 1995
Recently Approved Applications

itoruval Date

Republic Security Bank
11-22-95
West Palm Beach, Florida
To merge with Banyan Bank, Boca Raton, Florida, pursuant to Section 18(c) of the
Federal Deposit Insurance Act.
Republic Security Bank will be the surviving
bank.
Republic Security Bank
West Palm Beach, Florida
Request for waiver of the application requirement of Section 3(a) (1) of the Bank
Holding Company Act, for the proposal to acquire Banyan Bank, Boca Raton,
Florida.
Republic Security Financial Corporation
West Palm Beach, Florida
Request for waiver of the application requirement of Section 3 (a) (3) of the Bank
Holding Company Act, for the proposal to acquire Banyan Bank, Boca Raton,
Florida.
First National
Gainesville,
To acquire The
3(a)(3) of the

Bancorp
Georgia
Bank of Heard County, Franklin, Georgia,
Bank Holding Company Act.

11-22-95
pursuant to Section

Whitney Holding Company
11-24-95
New Orleans, Louisiana
To acquire WCDC, Inc., New Orleans, Louisiana, and thereby engage in making
equity investments, loans, and project packaging assistance for a variety of
housing and community development projects and to promote economic growth and
revitalization of distressed communities, pursuant to Section 225.25(b)(6) of
Regulation Y and 4(c) (8) of the Bank Holding Company Act.




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date

lype

Application

Merger/Branch

Hawkeye Bank of Des Moines
Des Moines, Iowa
Hawkeye Bank of Ankeny
Ankeny, Iowa
305 S. Ankeny Blvd.
Ankeny, Iowa

NP - 11-9-95

Merger

Tri-County Bank
Brown City, Michigan
Peck, Michigan branch of NBD Bank
Detroit, Michigan

NP - 11-23-95

Merger

Tri-County Bank
Brown City, Michigan
Yale, Michigan branch of NBD Bank
Detroit, Michigan

NP

Merger/Branch

Chemical Bank Bay Area
Bay Cifv Michigan
Chemical Bank Huron
Standish, Michigan
220 S. Main Street
Standish, Michigan

N P - **

Branch

Chemical Bank Bay Area
Bay City, Michigan
144 W. Huron
AuGres, Michigan

N P _ **

Branch

Chemical Bank Bay Area
Bay City, Michigan
211 Harrison
Prescott, Michigan

N P - **

Branch

Chemical Bank Bay Area
Bay City, Michigan
3858 N. M-13
Pinconr ing, Michigan

NP - **




11-25-95

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Continued
Comment Period
Ending Date

Type

Application

Branch

First Farmers Bank & Trust Company
Converse, Indiana
10077 North State Road 37
El wood, Indiana

N P - 11-27-95

Branch

Byron Center State Bank
Byron Center, Michigan
4350 44th Street
Grandville, Michigan

N P - 11-23-95

Branch

Citizens Bank and Trust Company
Belle Plaine, Iowa
706-12th Street
Belle Plaine, Iowa

NP - 12-1-95

Branch

Comerica Bank
Detroit, Michigan
1116 Robbins Road
Grand Haven, Michigan

NP - 11-24-95

EFT

M&I First American Bank
Wausau, Wisconsin
200 3rd Street
Wausau, Wisconsin

N P . **

EFT

M&I Mid State Bank
Stevens Point, Wisconsin
1000 East Riverview Express
Wisconsin Rapids, Wisconsin

NP - 12-8-95

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
2523 East Oklahoma Avenue
Milwaukee, Wisconsin

N P - **

EFT

M&I Central Bank & Trust
Marshfield, Wisconsin
10492 Hwy 13 South
Marshfield, Wisconsin

NP - **




Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only Continued
Comment Period
Ending Date

lyes

Application

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
7700 West Brown Deer Road
Brown Deer, Wisconsin

jqp - **

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
5300 South 76 Street
Greendale, Wisconsin

NP - **

EFT

M&I Marshall & Ilsley Bank
Milwaukee, Wisconsin
2900 West Oklahoma Avenue
Milwaukee, Wisconsin

Np - **

Merger/Branches

Firstar Bank Minocqua
Minocqua, Wisconsin
Firstar Bank Madison, N.A.
Madison. Wisconsin
Firstar Bank Wausau, N.A.
Wausau, Wisconsin
Firstar Bank Grantsburg, N.A.
Grantsburg, Wisconsin
Firstar Bank Eau Claire, N.A.
Eau Claire, Wisconsin
Firstar Bank Rice Lake, N.A.
Rice Lake, Wisconsin
Firstar Bank Manitowoc
Manitowoc, Wisconsin
Firstar Bank Oshkosh, N.A.
Oshkosh, Wisconsin
Firstar Bank Green Bay
Green Bay, Wisconsin
Firstar Bank Fond du Lac, N.A.
Fond du Lac, Wisconsin
Firstar Bank Sheboygan, N.A.
Sheboyan, Wisconsin
Firstar Tank Appleton
Appleton, Wisconsin
and thereby establish 54 branches

NP - **




Federal Reserve Bank of Chicago

S c i nI -A p i a i n S b e tt B t N w p p r a d F d r l
e t o I p l c t o s ujc o o h e s a e n e e a
Rgse N t c
eitr o i e
Comment Period
Ending Date

Tp
ye

Apiain
plcto

Yl
-

CJSB B n o p r t o
acroain
C l m u Jnto, I w
o u b s ucin o a
Co u b s J n t o SaeB n
l m u u c i n tt a k
C l m u Jnto, I w *
o u b s ucin o a

JJ -*
sP *
FR -1 - 2 9
22-5

Y2
-

Dne Bnoprto
etl acroain
Vco, I w
itr o a
C r d nBnoprto
o y o acroain
Crdn I w
oyo, o a
C r d n SaeBank
o y o tt
Crdn Iw*
oyo, oa

FR -1 - 1 9
03-5
NP -1 - - 5
219

Y2
-

U i e Community B n o p
ntd
acr
C a h m Ilni
h t a , lios
SaeB n o A b r
tt a k f u u n
A b r , Ilni*
u u n lios

FR -1 - 7 9
12-5
NP -1 - - 5
159

Y2
-

WFC, Ic
n.
Waukon, I w
oa
V k n SaeB nk & T u t
i i g tt a
rs
D c r h I w (no g n z t o )
e o a , o a i raiain*

FR -1 - 4 9
12-5
NP -1 - 5 9
21-5

Y2
-

H r t g F n n i l Srie, Ic
e i a e i a c a evcs n.
T n e P r , Ilni
i l y a k lios
FrtN t o a Bank o L c p r
is a i n l
f okot
L c p r , Ilni*
o k o t lios

FR -1 - 4 9
12-5
NP -1 - 2 9
12-5

Y2
-

F & M B n o p r t o , Ic
a c r o a i n n.
Kuan,Wsosn
akua icni
Monycor B n s a e , Ic
a c h r s n.
Spro, W s o s n
ueir i c n i
Monycor Bank o S p r o
f ueir
Spro, W s o s n
ueir i c n i *

FR -1 - - 5
279
NP -1 - 7 9
12-5

Yl
-

W s P i t B n s a e , Ic
e t o n e a c h r s n.
Ohoh Wsosn
sks, icni
W s Pit B n
e t one a k
O h o h W s o s n (nognzto)
s k s , i c n i i rai a i n

FR -1 - 2 9
22-5




NP -*
*

Federal Reserve Bank of Chicago

S c i nI -A p i a i n S b e tt B t N w p p r a d F d r l
e t o I plctos u j c o o h e s a e n e e a
Rgse N t c
eitr o i e
Cniud
otne
Comment P r o
eid
Edn Dt
nig ae

Tp
ye

Apiain
plcto

Y2
-

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S iaca o p
I w Ct , I w
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. . . n.
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ahntn o a
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a h n t n tt a k
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ahntn oa

FR -1 - 1 9
21-5
NP -1 - - 5
289

Y2
-

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e w i acroain
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a e i e r d t o , n.
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FR -1 - - 5
249
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COC-HC

B x e I s r n eA e c , Ic
a t r n u a c g n y n.
Bxe, I w
atr o a
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on . de

FR -1 - 6 9
11-5
NP -1 - 0 9
12-5

Y2
-

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euiy ainl o p r t o
S o x Ct, I w
i u iy o a
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h l o eu i y a c r o a i n
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hlo, o a
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h l o eu i y i a c a o p r t o
Sedn I w
hlo, o a
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e u i y tt a k
Sedn I w *
hlo, o a

FR -1 - - 5
219
NP -1 - - 5
219

Yl
-

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iaca o p r t o
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h e ies i h g n
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is a i n l a k f h e i e s
T r e Rvr, M c i a *
h e ies i h g n

FR -1 - 2 9
22-5
NP -*
*

Yl
-

R l a c B n s a e , Ic
e i n e a c h r s n.
M l a k e Wsosn
i w u e , icni
R l a c S v n sB n
eine aig a k
M l a k e Wsosn
i w u e , icni*

FR -1 - 1 9
22-5
NP -*
*




Federal Reserve Bank of Chicago

S c i nII-A p i a i n S b e tt F d r lR g s e
e t o I p l c t o s ujc o ee a e i t r
Ntc O l
oie n y
Comment Period
Ending Date

Type

Apiain
plcto

4c()
()8

C i s N t o a ed C e i A r c l S A
ase ainl e rdt gioe . .
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ai, r n e
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o r v d n e t e t n iaca d i o y evcs
e g g i b o e a e o v r o ss a a d s a d r v t v
n a e n r k r g f a i u w p n w p eia i e
tascina d p o i e cranohrfnnilsrie t
rnato n r v d eti te iaca evcs o
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ok
o k e o o u sday f r d t
A r c l L z r F n n i lP o u t B n
g i o e a a d iaca r d c s a k

PR _ **

4c()
()8

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C a p i n Ilni
h m a g , lios
t p o i e f r m n g m n srie a a e t
o r v d a m a a e e t evcs s g n
o c s o i nfrisc s o e s
r utda o t u t m r

PR _ **

4c()
()8

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ak ..
A s e d m T e Ntelns
m t r a , h ehrad
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e i l e s n , n.
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tat, e r i

FR -1 - 1 9
12-5

4c()
()8

ABN AMRO HOLDING, N V
..
A s e d m T eNtelns
m t r a , h ehrad
N v l eL a i g Ic
e i l e s n , n.
Alna G o g a
tat, e r i

FR -1 - 1 9
12-5

4c( )
() 8

S i hig A m n s r t e a t o
t c tn d i i t a i k n o r
ABN AMRO HOLDING
A s e d m Ntelns
m t r a , ehrad
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e i l e s n , n.
Al n a G o g a
tat, e r i

FR -1 - 1 9
12-5

4c()
()8

SihigPirti ABN AMRO HOLDING
tctn roiet
A s e d m T eNtelns
m t r a , h ehrad
N v l eL a i g Ic
e i l e s n , n.
Alna G o g a
tat, e r i

FR -1 - 1 9
12-5




Federal Reserve Bank of Chicago

S c i nII-A p i a i n S b e tt F d r l R g s e
eto I plctos u j c o e e a e i t r
Ntc O l
oie n y
Cniud
otne
Comment Period
Ending Date

lyge

Apiain
plcto

4c()
()8

G a a t B n s a e , Ld
u r n y a k h r s t.
C d r Rpd,M c i a
e a ais i h g n
t e g g i m k n a d sri i g o l a s
o n a e n a i g n evc n f o n

FR -1 - 7 9
12-5

4c()
()8

O d K n F n n i lC r o a i n
l e t iaca o p r t o
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r n ais i h g n
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eulc o t a e op
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at a e iy t h
t e g g i rsdnila d c m e c a m r g g
o n a e n eieta n o m r i l o t a e
b n i gbsns
a k n uies

FR -1 - 1 9
21-5

4c()
()8

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e u l c a c r , n.
Owosso M c i a
ihgn
P e i r Prnr -J m s R G r R a t r
r m e ates a e . a y e l o s
W odland Hls Clfri
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il, aiona
t e g g i oiiaig f n i g & sriig rsdnil
o n a e n rgntn, u d n
evcn eieta
m r g g laso arti bss
o t a e on n eal ai

FR -1 - 8 9
12-5

4c()
()8

R l a c B n s a e , Ic
e i n e a c h r s n.
Mla k e Wsosn
iw u e , icni
t e g g i m k n a d sriig l a s
o n a e n a i g n evcn o n

FR -1 - 1 9
22-5

4c()
()8

P e i r FnnilSrie, Ic
r m e iaca evcs n.
F e p r , Ilni
r e o t lios
P e i r I s r n e Srie, Ic
r m e n u a c evcs n.
W r e , Ilni
a r n lios
t e g g i g nrli s r n e a e c atvte
o n a e n eea n u a c g n y ciiis

FR -1 - 2 9
21-5




Federal Reserve Bank of Chicago

S c i nI -A p i a i n N t S b e tt F d r l R g s e o N w p p r N t c
e t o V p l c t o s o u j c o e e a eitr r e s a e o i e

Type

Apiain
plcto
-oe
Nn-

N -N w p p r
esae
FR -F d r l R g s e
eea eitr
*-S b e tt P o i i n o Community R i v s m n A t
ujc o r v s o s f
enetet c
* N t aalbea ti t m
* o vial t hs i e




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA.
The 30-day business day pe r i o d
the bank has to make the evaluation public has lapsed during the week ending
November 24, 1995.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in,
a s c e r t a i n i n g and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An i n s titution in this group needs to improve its overall r e cord of
ascertaining and helping to meet the credit needs of its entire deli n e a t e d
community, including low- and moderate-income neighborhoods, in a m a n n e r
consistent w i t h its resources and capabilities.
SN-An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire d e lineated
community, including low- and moderate-income neighborhoods, in a ma n n e r
consistent w i t h its resources and capabilities.
BANK N A M E / L OCATION

EXAMINATION DATE

RATINGS

-The Bartonville Bank
5600 South Adams Street
Bartonville, Illinois
61607-1995
(309) 697-2100
8/21/95
-North Shore Commu n i t y Bank
1145 Wilmette Avenue
Wilmette, Illinois
60091
(708) 853-1145




8/14/95

S

S

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING NOVEMBER 24, 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

None.
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
Section 5(b) Bank Service Corporation Act application
by Boatmen’s Bancshares, Inc., St. Louis, Missouri, and
its 55 subsidiary banks to organize/invest in a bank
service corporation, BBI Merchant Processing Company,
L.L.C., St. Louis, Missouri.
N/A
Section 9 membership application by Heber Springs
State Bank, Heber Springs, Arkansas.

*This application is subject to CRA.




N/A

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

Application

November 10, 1995

Farmers State Bank of Conrad,
Conrad, Montana, to acquire, through
merger, the Farmers State Bank of
Cut Bank, Montana, and incident thereto,
to establish a branch in Cut Bank, Montana.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Crosstown Holding Company, Ham Lake,
Minnesota, to acquire by merger 100% of
the voting shares of Balaton Agency, Inc.,
Balaton, Minnesota.

Comment Period
Ending Date
Not yet available

Mark Johnson, Thomas Johnson, Michael Johnson,
and Michele Larson, to acquire control of 100%
of the voting shares of Darwin Bancshares, Inc.,
Darwin, Minnesota.

December 15, 1995
(Federal Register)

David Gardner to acquire control of 34.21% of the
voting shares of Sentry Bancorp, Inc., Edina,
Minnesota

December 15, 1995
(Federal Register)

First Bank System, Inc., Minneapolis,
Minnesota, to acquire 100% of the voting
shares of the First Interstate Bancorp, Los
Angeles, California.

December 21, 1995
(Federal Register)

Private Bancorporation, Inc., Minneapolis,
Minnesota , to acquire 100% of the voting
shares of Private Bank Minnesota, Minneapolis,
Minnesota.

^Subject to CRA




Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only

Comment Period
Ending Date

Application
First Bank System, Inc., Minneapolis,
Minnesota, to engage in venture capital
activities through the acquisition of
First Interstate Bancorp, Los Angeles,
California.

December 21, 1995

First Sleepy Eye Bancorporation, Inc.,
Sioux Falls, South Dakota, to engage
de novo in community development activities.

Not yet available

Otto Bremer Foundation, St. Paul, Minnesota,
and Bremer Financial Corporation, St. Paul,
Minnesota to engage in general insurance
activities through the acquisition of certain
assets of United Insurance Agency, Inc., Minot,
North Dakota.

December 12, 1995

Forstrom Bancorporation, Inc., Clara City,
Minnesota, to engage de novo in making and
servicing loans.

December 12, 1995

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 November 24, 1995
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate -income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

BANK (S) EXAMINED

DATE OF EXAMINATION

CRA RATING

Crow River State Bank
710 Babcock Boulevard
P . . Box B2
O
Delano, Minnesota 55328
(612) 972-3385

August 21, 1995

Outstanding

Grand Rapids State Bank
P.O. Box 409
Grand Rapids, Minnesota
(218) 326-9414

August 21, 1995

Satisfactory




55744-0409

Federal Reserve Bank o f Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
Union State Bank, Arkansas City, Kansas, for prior
approval to become a member of the Federal Reserve
System.

r PERIOD ENDING DATF.
Not Available

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

COMMENT PERIOD ENDING DATF.

Commercial Guaranty Bancshares, Inc., Shawnee
Mission, Kansas, for prior approval to become a bank
holding company through the acquisition of 100
percent of the voting shares of First Commercial
Bank, N.A., Overland Park, Kansas (in
organization).*

December 26, 1995

Peabody State Bancorp, Peabody, Kansas, for prior
approval to become a bank holding company through
the acquisition of 100 percent of the voting shares of
Peabody State Bank, Peabody, Kansas.*

Not Available

Baxter Bancshares, Inc., Baxter Springs, Kansas, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the
outstanding common stock of The Baxter State Bank,
Baxter Springs, Kansas, and for prior approval to
acquire 24.99 percent of the outstanding common
stock of People’s National Bank, Seneca, Missouri (in
organization).*

Not Available

Armstrong Bancshares, Inc., Vian, Oklahoma, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of Vian State Bank, Vian, Oklahoma.*

Not Available




Federal Reserve Bank of Kansas City

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

APPLICATION

COMMENT PERIOD ENDING DATE

First Community Bancshares, Inc., Knob Noster,
Missouri, for prior approval to engage de novo
through its subsidiary, First Mortgage Co., Inc., Knob
Noster, Missouri, in the origination and servicing of
real estate mortgages and resale of the same in the
secondary market.

December 11, 1995

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

APPLICATION
Community Bankshares of Wyoming, Guernsey,
Wyoming, for prior approval to redeem 775 shares of
their outstanding common stock.
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 o f 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 o f 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.



Federal Reserve Bank o f Kansas City

Substantial noncompliance in meeting community credit needs

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

Bank/Location
None.

*Application is subject to CRA.




Exam Date

CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 20, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NOTICE EXP

APPLICATION
♦Section 18(c) application from
Sulphur Springs State Bank, Sulphur Springs, TX,
to merge with Colonial Bank of Greenville,
Greenville, TX
(Previously reported during the week of 10-23-95)
♦Section 9 application from
Suphur Springs State Bank, Sulphur Springs, TX,
to establish a branch at 6609 Wesley, Greenville,
TX 75404
(Previously reported during the week of 10-23-95)
♦Section 9 application from
Sulphur Springs State Bank, Sulphur Springs, TX, to
establish a branch at 5122 Interstate 30, Greenville,
TX 75404
(Previously reported during the week of 10-23-95)

95/11/25

95/11/25

95/11/25

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Michael L. Schnell, Robert C. Schnell, Spearman, TX;
Peyton S. Gibner, Houston, TX; and Lea Ann Schrader,
Fritch, TX, to acquire an interest in First State
Bankshares, Inc., Spearman, TX
(Previously reported during the week of 11-6-95)
Change in Control Notice by
Jose M. Ramirez, Jr., San Ygnacio, TX, to acquire an
interest in Zapata Bancshares, Inc., Mercedes, TX
♦Section 3(a)(1) application by
First Celina Corporation, Celina, TX, to acquire
First State Bank, Celina, TX
(Previously reported during the week of 10-30-95)
♦Section 3(a)(3) application by
Cullen/Frost Bankers, Inc., San Antonio, TX, to acquire
Park National Bank of Houston, Houston, TX




** NOTICE EXP

95/12/07

N/A

95/11/26

N/A

♦Section 3(a)(3) application by
The New Galveston Company, Wilmington, DE, to acquire
Park National Bank of Houston, Houston, TX

N/A

♦Section 3(a)(1) application by
Quanah Financial Corporation Employee Stock Ownership
Plan, Quanah, TX, to acquire Quanah Financial Corporation,
Quanah, TX, Quanah Bancshares, Inc., Quanah, TX, and First
National Bank, Quanah, TX

N/A

♦Section 3(a)(1) application by
Quanah Financial Corporation, Quanah, TX, to acquire
Quanah Bancshares, Inc., Quanah, TX, and First
National Bank, Quanah, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
NOTICE ONLY
APPLICATION

NOTICE EXP

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF NOVENBER 20. 1995

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

Bank
None.




Date of
Examination

CRA Rating

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 11/24/95
Section I - Applications Subject to Newspaper Notice Only

Add!ication

Comment Period Ending Date

None
Section II - Applications Sub.iect to Both
Newspaper and Federal Register Notice
Wells Fargo & Company, San Francisco, California,
to merge with First Interstate Bancorp, Los
Angeles, California. *

Newspaper:

Not available

Fed. Req.:

12/22/95

Wells Fargo & Company, San Francisco, California,
to acquire the 16 bank subsidiaries of First
Interstate Bancorp, Los Angeles, California. *

Newspaper:

Not available

Fed. Req.:

12/22/95

Wells Fargo & Company, San Francisco, California,
to engage in consent solicitation to replace the
Board of Directors of First Interstate Bancorp,
Los Angeles, California. *

Newspaper:

Not available

Fed. Req.:

Not available

The Mitsubishi Bank, Ltd., Tokyo, Japan, to
Newspaper:
acquire: The Bank of Tokyo Trust Company, New
York, New York; The Chicago-Tokyo Bank, Chicago,
Fed. Req.:
Illinois; and Union Bank, San Francisco, California. *
Union Bank, San Francisco, California, to become
a bank holding company by acquiring BanCal TriState Corporation, San Francisco, California. *

12/16/95
Not available

Newspaper:

12/16/95

Fed. Req.:

Not available

Refiled: Valley Bancorp. Inc.. Phoenix. Arizona, to
Newspaper:
become a bank holding company by acquiring Valley Bank
of Arizona (In Organization), Phoenix, Arizona. *
Fed. Req.:

11/15/95
12/22/95

Section III -Applications Subject to Federal Register Only
The Mitsubishi Bank, Ltd., Tokyo, Japan, to
acquire BOT Financial Corporation, and BOT
Securities, Inc., both of New York, New York.

Fed. Reg.:

Not available

Union Bank, San Francisco, California, to retain
all of the voting shares of: UB Leasing, Inc.;
UB Investment Services, Inc.; Unionbanc Leasing
Corporation; Stanco Properties, Inc.; UB Mortgage
Corp.; and Bankers Commercial Corporation, all of
San Francisco, California.

Fed. Reg.:

Not available

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 11/24/95
Section III -Applications Subject to Federal Register Only (cont’d.)
Wells Fargo & Company, San Francisco, California,
to engage in venture capital and lending activities
through the acquisition of First Interstate Resource
Finance Associates, Newport Beach, California.

Fed. Reg.:

Not available

Wells Fargo & Company, San Francisco, California,
to acquire First Interstate Bancorp’s interest in
Liberty Brokerage, Inc., New York, New York (a
joint venture).

Fed. Reg.:

Not available

Wells Fargo & Company, San Francisco, California,
to invest in Star System, Inc.

Fed. Reg.: Not available

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice (Cont’d.)
Wells Fargo & Company, San Francisco, California, to acquire FIL Holding
Company, London, England.
Wells Fargo & Company, San Francisco, Califonria, to acquire First Interstate
Holdings (UK), Ltd.; and First Interstate Services Co. (UK).




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 11/24/95
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending November 24, 1995. Information about a particular institution’s CRA evaluation
may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

*Under the rating system an institution’s CRA performance is assigned one of the
following
four ratings:
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.

Outstanding

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.

Satisfactory

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.
Needs to improve record of meeting community credit needs:

Substantial noncompl iance 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.

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San
Francisco, and is not intended to replace formal notices required by statute or
regulation; the Reserve Bank assumes no responsibility for errors or omissions.




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