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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1993, No. 48
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending November 27, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIFg
Chemical Banking Corporation, New York, New York -to engage in underwriting and dealing in, to a
limited extent, all types of bank-ineligible equity
securities through Chemical Securities Inc.

Approved, November 24, 1993.
Chemical Banking Corporation, New York, New York -request for subsidiary banks and broker dealer
subsidiaries of those banks to act as a riskless
principal or broker for customers in buying and
selling bank-eligible securities that Chemical*s
section 20 subsidiary deals in or underwrites.

Approved, November 24, 1993.
First Alabama Bancshares, Inc., Birmingham, Alabama - to acquire Secor Bank, F.S.B.
Approved, November 22, 1993.
BANK MERGERS
First Alabama Bank, Birmingham, Alabama — to acquire
certain assets and assume certain liabilities of
Secor Bank, F.S.B.
Approved, November 22, 1993.
BOARD OPERATIONS
Budget for 1994.
Approved, November 24, 1993.
Office of Inspector General -- budget for 1994.
Approved, November 24, 1993.
ENFORCEMENT




Farmers and Merchants BanK or Long Deacn, Long Beach,
California -- written agreement dated November 10,
1993, with the Federal Reserve Bank of San
Francisco.
Announced, November 22, 1993.
First Tampa Bancorporation of Florida, Inc., Tampa,
Florida -- written agreement dated November 8,
1993, with the Federal Reserve Bank of Atlanta.
Announced, November 22, 1993.

H.2
NOVEMBER 22, 1993
PAGE 2

TO

NOVEMBER 26, 1993

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Regulation DD, Truth in Savings -- proposed changes
concerning calculation of the annual percentage
yields for certain deposits (Docket R-0812).
Published, November 23, 1993.
RESERVE BANK SERVICES
Fedwire -- modifications to expand the funds transfer
format (Docket R-Q817).
Proposed, November 24, 1993.

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 a
branch at 12 Corporate Woods Boulevard, Colonie,
New York, 300 Linden Oaks Office Park, Rochester;
and 350 Main Street, Buffalo, New York.
Approved, November 22, 1993.

BANK HOLDING COMPANIES




Dallas

Baird Bancshares, Inc., Baird, Texas -- to acquire
Parker County Bancshares, Inc., Weatherford, Texas,
First Parker Bancshares, Inc., Carson City, Nevada,
Weatherford Bancshares, Inc., Weatherford, Texas,
First Weatherford Bancshares, Inc., Carson City,
Nevada, and First National Bank of Weatherford,
Weatherford, Texas.
Approved, November 22, 1993.

Kansas City

Barrett Holding Company, Watonga, Oklahoma --to
acquire Watonga Bancshares, Inc.
Approved, November 23, 1993.

H.2
NOVEMBER 22, 1993
PAGE 3

TO

NOVEMBER 26, 1993

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

BANK HOLDING COMPANIES




Minneapolis

BNCCORP, Inc., Bismarck, North Dakota -- to acquire
Farmers & Merchants Bancshares, Inc., Beach, North
Dakota.
Approved, November 23, 1993.

Dallas

Caldwell Bancshares, Inc., Caldwell, Texas -- to
acquire Caldwell Bancshares of Delaware, Inc.,
Wilmington, Delaware, and Caldwell National Bank,
Caldwell, Texas.
Approved, November 22, 1993.

Dallas

Caldwell Bancshares of Delaware, Inc., Wilmington,
Delaware - - t o acquire Caldwell National Bank,
Caldwell, Texas.
Approved, November 22, 1993.

Dallas

First Baird Bancshares of Delaware, Inc., Dover,
Delaware - - t o acquire First Parker Bancshares,
Inc., Carson City, Nevada, First Weatherford
Bancshares, Inc.; Parker County Bancshares, Inc.,
Weatherford, Texas, Weatherford Bancshares, Inc.,
and First National Bank of Weatherford.
Approved, November 22, 1993.

Kansas City

First National Bank of Hoxie Employee Stock Ownership
Plan, Hoxie, Kansas - - t o acquire First Bancshares
of Hoxie, Inc.
Approved, November 22, 1993.

St. Louis

First National Security Company, DeQueen, Arkansas -to acquire First National Bancshares of Hempstead
County, Inc., Hope, Arkansas.
Approved, November 26, 1993.

Chicago

Gore-Bronson Agency, Inc., Prospect-Heights, Illinois
--t o acquire Water Tower Bancorp, Inc., Chicago,
Illinois, and Water Tower Bank.
Returned, November 23, 1993.

H.2
NOVEMBER 22, 1993
PAGE 4

TO

NOVEMBER 26, 1993

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

BANK HOLDING COMPANIES




Chicago

Keeco, Inc., Chicago, Illinois; Northland Insurance
Agency; and Northern Illinois Financial
Corporation, Wauconda, Illinois -- to acquire the
assets and liabilities of American Suburban
Mortgage Corporation, Waukegan, Illinois.
Approved, November 23, 1993.

Secretary

Keystone Financial, Inc., Harrisburg, Pennsylvania to engage de novo in full-service securities
brokerage activities through Keystone Brokerage,
Inc., Williamsport, Pennsylvania.
Permitted, November 24, 1993.

San Francisco

Latah Bancorporation, Inc., Latah, Washington -- to
acquire Bank of Latah.
Approved, November 22, 1993.

Atlanta

Magnolia State Corporation, Bay Springs,
Mississippi --to engage in credit related and
property insurance activities through Jones County
Finance Company, Laurel, Mississippi.
Approved, November 24, 1993.

Chicago

Mahaska Investment Company, Oskaloosa, Iowa -- to
acquire Taintor Savings Bank, New Sharon, Iowa.
Returned, November 24, 1993.

Secretary

National Commerce Bancorporation, Memphis,
Tennessee -- to engage de novo in consumer lending
and credit related insurance activities through
Commerce Finance Company, Germantown, Tennessee.
Permitted, November 26, 1993.

Secretary

NBC Capital Corporation, Starkville, Mississippi -to acquire Charter Holding Company, Inc.,
Tuscaloosa, Alabama, and First State Bank of
Tuscaloosa.
Approved, November 26, 1993.

Kansas City

OMNIBANCORP, Denver, Colorado --to acquire Denver
West Bank and Trust, Golden, Colorado.
Approved, November 22, 1993.

H.2
NOVEMBER 22, 1993
PAGE 5

TO

NOVEMBER 26, 1993

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

BANK HOLDING COMPANIES

Chicago

Peoples Financial Corp. of Illinois, Inc., Kewanee,
Illinois -- to acquire Bradford Bancorp, Inc.,
Bradford, Illinois, and Bradford Banking Company.
Approved, November 24, 1993.

Atlanta

Premier Bancorp, Inc., Baton Rouge, Louisiana -- to
merge with Alerion Corporation, New Orleans,
Louisiana, and acquire the Alerion Bank.
Approved, November 22, 1993.

Chicago

State Bank of Freeport, Freeport, Illinois -- to
engage in residential mortgage lending activities
through NWIB Mortgage Source, Inc., Rockford,
Illinois.
Returned, November 23, 1993.

Chicago

Whitewater Bancorp, Inc., Whitewater, Wisconsin -- to
engage in lending activities, equity investments,
and limited and general partnership investments
that are involved in community development.
Permitted, November 26, 1993.

BANK MERGERS

Kansas City

OMNIBANK Arvada, Arvada, Colorado --to merge with
Denver West Bank, Golden, Colorado, and to
establish a branch.
Approved, November 22, 1993.

BANK PREMISES




New York

Chemical Bank, New York, New York -- investment in
bank premises.
Approved, November 22, 1993.

Chicago

Old Kent Bank - Southwest, Kalamazoo, Michigan -investment in bank premises.
Approved, November 22, 1993.

Kansas City

OMNIBANK Arvada, Arvada, Colorado -- investment in
bank premises.
Approved, November 22, 1993.

H.2
NOVEMBER 22, 1993
PAGE 6

TO

NOVEMBER 26, 1993

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

CAPITAL STOCK
Chicago

Fairbank Bancshares, Inc., Fairbank, Iowa -redemption of shares.
Returned, November 23, 1993.

Kansas City

Phillips Holdings, Inc., Stuttgart, Kansas -redemption of shares.
Approved, November 22, 1993.

CHANGE IN BANK CONTROL
Philadelphia

Continental Bancorporation, Laurel Springs, New
Jersey -- change in bank control.
Permitted, November 24, 1993.

Dallas

First Fabens Bancorporation, Inc., Fabens, Texas -change in bank control.
Permitted, November 24, 1993.

Dallas

Greater Southwest Bancshares, Inc., Irving, Texas -change in bank control.
Permitted, November 24, 1993.

Richmond

Heritage Bank, McLean, Virginia -- change in bank
control.
Permitted, November 24, 1993.

Kansas City

Phillips Holdings, Inc., Stuttgart, Kansas -- change
in bank control.
Permitted, November 22, 1993.

COMPETITIVE FACTORS REPORTS




St. Louis

Boatmen's Credit Card Bank, Albuquerque, New Mexico,
proposed merger with Boatmen's Bank of Delaware,
New Castle, Delaware -- report on competitive
factors.
Submitted, November 23, 1993.

Boston

Cambridgeport Savings Bank, Cambridge, Massachusetts,
proposed corporate reorganization -- report on
competitive factors.
Submitted, November 23, 1993.

H.2

NOVEMBER 22, 1993
PAGE 7

TO

NOVEMBER 26, 1993

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

COMPETITIVE FACTORS REPORTS




Richmond

Farmers & Merchants Bank of South Carolina, Holly
Hill, South Carolina, proposed acquisition of the
Saint Stephen, South Carolina, branch of The South
Carolina National Bank, Columbia, South Carolina -report on competitive factors.
Submitted, November 24, 1993.

Kansas City

First National Bank, Abilene, Kansas, proposed Merger
with Citizens Bank and Trust Company -- report on
competitive factors.
Submitted, November 24, 1993.

Chicago

First National Bank of Missouri Valley, Missouri
Valley, Iowa, proposed merger with Mondamin Savings
Bank, Mondamin, Iowa -- report on competitive
factors.
Submitted, November 22, 1993.

Dallas

First State Bank Brazoria, Brazoria, Texas, proposed
acquisition of two branches, 6710 Highway 36, Jones
Creek, and 301 South Brooks, Brazoria, of First
State Bank of Moulton, Moulton, Texas -- report on
competitive factors.
Submitted, November 22, 1993.

Atlanta

First Union National Bank of Florida, Jacksonville,
Florida, proposed merger with Enterprise National
Bank, Winter Park, Florida -- report on competitive
factors.

Submitted, November 26, 1993.
Chicago

Firstar Bank Wisconsin Rapids, National Association,
Wisconsin Rapids, Wisconsin, proposed purchase of
the two branches of Firstar Bank Wausau, National
Association, Wausau, Wisconsin -- report on
competitive factors.
Submitted, November 23, 1993.

H.2
NOVEMBER 22, 1993
PAGE 8

TO

NOVEMBER 26, 1993

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

COMPETITIVE FACTORS REPORTS




Kansas City

Gold Bancshares, Inc., Prairie Village, Kansas -proposed acquisition of the assets and assumption
of the liabilities of Provident Bancshares, Inc.,
St. Joseph, Missouri -- report on competitive
factors.
Submitted, November 24, 1993.

Kansas City

Norwest Bank Denver, N.A., Denver, Colorado, proposed
merger with Norwest Bank Arapahoe, N.A., Englewood;
Norwest Bank Arvada, N.A., Arvada; Norwest Bank
Aurora, N.A., Aurora; Norwest Bank Aurora-City
Center, N.A., Norwest Bank Aurora-South, N.A.;
Norwest Bank Bear Valley, N.A., Denver; Norwest
Bank Broomfield, N.A., Broomfield; Norwest Bank
Buckingham Square, N.A., Aurora; Norwest Bank,
Cherry Creek, N.A.,; Norwest Bank Highlands Ranch,
N.A., Highlands Ranch; Norwest Bank, Lakewood,
N.A., Lakewood; Norwest Bank Littleton, N.A.,
Littleton; Norwest Bank Monaco, N.A., Denver;
Norwest Bank Northglenn, N.A., Northglenn; Norwest
Bank Southglenn, N.A., Littleton, Colorado, and
Norwest Bank Southwest Plaza, N.A. -- report on
competitive factors.
Submitted, November 23, 1993.

Chicago

Peoples National Bank of Kewanee, Illinois, proposed
merger with Bradford Banking Company, Bradford,
Illinois -- report on competitive factors.
Submitted, November 24, 1993.

Atlanta

Pointe Financial Corporation, Boca Raton, Florida,
proposed acquisition of Pointe Federal Savings Bank
-- report on competitive factors.
Submitted, November 23, 1993.

Kansas City

Vectra Bank, Denver, Colorado, proposed merger with
International Banking Corporation -- report on
competitive factors.
Submitted, November 24, 1993.

Kansas City

Vectra Bank of Boulder, Boulder, Colorado, proposed
merger with NBR Financial, Inc., Denver, Colorado - report on competitive factors.
Submitted, November 24, 1993.

H.2
NOVEMBER 22, 1993
PAGE 9

TO

NOVEMBER 26, 1993

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

COMPETITIVE FACTORS REPORTS
Kansas City

Western Bank, Bridgeport, Nebraska, proposed merger
with Western Bank, Alliance, Nebraska -- report on
competitive factors.
Submitted, November 24, 1993.

EXTENSIONS OF TIME
New York

Keycorp, Albany, New York -- extension to January 28,
1994, to acquire Capital Trust Company.
Granted, November 23, 1993.

Atlanta

Peoples Bank and Trust Company, Selma, Alabama -extension to February 27, 1994, to merge with The
Citizens Bank of Prattville, Prattville, Alabama.
Granted, November 23, 1993.

INTERNATIONAL OPERATIONS




Director, BS&R

PNC Bank International, Pittsburgh, Pennsylvania -to decrease capital stock.
Approved, November 23, 1993.

H .2
NOVEMBER 22, 1993
PAGE 10

ADDITIONS AND CORRECTIONS
TO

NOVEMBER 26, 1993

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

BANK HOLDING COMPANIES




Chicago

Edgemark Financial Corporation, Chicago, Illinois to engage de novo in securities and investment
advisory services through Edgemark Financial
Services, Inc., Countryside, Illinois.
Returned, November 10, 1993.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
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
Comment Period Ending Date

Application

Newspaper 12-05-93

Vermont Financial Services
Corp., Brattleboro,
Vermont - 3(a) (3)/3(a) (5)
application to acquire West
Mass Bankshares, Inc.,
Greenfield, Massachusetts* *

Federal Register 12-13-93

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

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

NONE

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




"N"

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

Institution

Examination Date

Fleet Bank of Maine
One City Center
P.O. Box 9791
Portland, ME 04104-5091




04-26-93

Rating**
"0"

Federal Reserve Bank o f New York

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
__________ Notice Only__________

None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
BanPonce Corporation, San Juan, Puerto Rico, to acquire
indirectly through its wholly-owned subsidiaries, Popular
International Bank, Inc., Hato Rey, Puerto Rico ("PIBI"),
and BanPonce Financial Corp., Mount Laurel, New Jersey
("BFC"), that propose to become bank holding companies, all
of the shares of Pioneer Bancorp, Inc., Chicago, Illinois,
itself a bank holding company with respect to Pioneer Bank &
Trust Company, River Grove, Illinois, and for PIBI and BFC to
retain Spring Financial Services, Inc., and its subsidiaries
and engage in making, acquiring, and servicing loans and
other extension of credit and acting as principal, agent or
broker for credit-related insurance.!/
12/17/93 2 /
,

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
The Bank of New York, Comapny Inc., New York, New York,
to engage de novo in the making of equity and debt investments
in corporations or projects designed primarily to promote
community welfare such as economic rehabilitation and
development of low-wage areas by providing housing, services
or jobs for residents, and simultaneously, to make an invest­
ment in New York Equity Fund 1993 Limited Partnership.
12/10/93




SECTION IV

Applications Not Involving
______Public Comment
None.
SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources 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 neighbor­
hoods, in a manner consistent with its resources and capabilities.

Week Ending- November 27, 1993
NAME OF BANK
None.




RATING

EXAMINATION DATE

|U> |M

1/

/
/

4/

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




FED ER A L R ES ER V E

BANK OF P H ILA D E L P H IA

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Comment Period Ending Date

NONE.

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

United Bancshares, Inc., Philadelphia, PA, to form a bank holding company by
acquiring 100% of United Bank of Philadelphia, Philadelphia, PA, pursuant to
Section 3(a)(1) of the Bank Holding Company Act.
Newspaper comment
Fed. Reg. Comment

period ends:
Period Expires:

N/A
12/10/93

Carnegie Bancorp. Princeton, NJ, to form a bank holding company by acquiring 100%
of Carnegie Bank, N.A., Princeton, NJ, pursuant to Section 3(a)(1) of the Bank
Holding Company Act. DRAFT.
Newspaper comment
Fed. Reg. Comment

period ends:
Period Expires:

N/A
N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

NONE.
SECTION IV ~ APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE

NONE.

1/ Subject to provisions of Community Reinvestment Act.

*

N/A - not yet available.




FE D E R A L R ES ER V E

BANK OF P H ILA D E L P H IA

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 19, 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

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/Location
Commerce Bank/Harrisburg
Erford Road and Senate Avenue
Camp Hill, PA 17011




Examination Date
8/09/93

CRA Rating
Satisfactory"

Federal Reserve Bank of Cleveland
Applications Bulletin
For W e e k E n ding N o v e m b e r 20,

1993

S E C T I O N I - A P P L I C A T I O N S S U BJECT TO N E W S P A P E R
N O T I C E ONL Y

NONE

S E C T I O N II - A P P L I C A T I O N S S U BJECT TO BOT H
N E W S P A P E R A N D FEDERAL R E G I S T E R NO T I C E

Received Section 3(a) (3) and 3(a) (5)
applications from Society Corporation,
Cleveland, Ohio, on November 8, 1993, to
acquire KeyCorp, Albany, New York.

* F : December 16, 1993

Received Section 3(a) (3) and 3(a) (5)
applications from Society Corporation,
Cleveland, Ohio, on November 8, 1993, to
acquire up to a 19.9 percent in KeyCorp,
Albany, New York.

*F: December 16, 1993

* F : December 16, 1993
Received Section 3(a) (3) and 3(a) (5)
application from KeyCorp, Albany, New York,
on November 8, 1993, to acquire up to a 19.9
percent interest in Society Corporation,
Cleveland, Ohio.
Received Section 3(a) (1) application from
*F: December 16, 1993
Powhatan Point Community Bancshares, Inc.,
Powhatan Point, Ohio, on November 10, 1993,
to acquire The First National Bank of Powhatan
Point, Powhatan Point, Ohio.

S E C T I O N III

- A P P L I C A T I O N S SUBJECT TO FEDERAL R E G I S T E R
N O T I C E ONLY

Received Section 4 (c)(8) application from
Not Yet Known #
Cardinal Bancshares, Inc., Lexington, Kentucky,
on October 7, 1993, to engage in securities
brokerage activities through a joint employment
arrangement with Compulife Investor Services with
its indirect subsidiary Mutual Service Corporation.

*
N
F
#

-

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.




Applications Bulletin
For W e e k E n d i n g N o v e m b e r 20,

S E C T I O N III

1993

- A P P L I C A T I O N S S U BJECT TO F E DERAL R E G I S T E R
N O T I C E ONLY

Received Section 4(c) (8) application from
National City Corporation, Cleveland, Ohio,
on November 10, 1993, for prior approval to
engage in investment and financial advice,
underwriting and dealing in government
obligations and money market instruments,
investment in securities limited to 5 percent
or less of o/s voting shares of any company,
and private placements as agent through a
subsidiary known as National City Investments
Corporation.

Not Yet Known #

Received Section 4 ( c ) (8) application from
Society Corporation, Cleveland, Ohio, on
November 8, 1993, to acquire the non-bank
subsidiaries of KeyCorp, Albany, New York.

December 16, 1993

Received Section 4 ( c ) (8) application from
Society Corporation, Cleveland, Ohio, on
November 8, 1993, to acquire up to a 19.9
percent interest in the non-bank subsidiaries
of KeyCorp, Albany, New York.

December 16, 1993

Received Section 4 ( c ) (8) application from
December 16, 1993
KeyCorp,Albany, New York, on November 8, 1993,
to acquire up to a 19.9 percent interest in
the non-bank subsidiaries of Society Corporation,
Cleveland, Ohio.

S E C T I O N IV - A P P L I C A T I O N S N O T S U BJECT TO F E D E R A L R E G I S T E R N O T I C E
OR N E W S P A P E R N O T I C E

NONE*

*
N
F
#

-

Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.




A V A I L A B I L I T Y OF CRA PUBL I C EVALUA T I O N S

(November 19, 1993)
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 19,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING:
a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY:
a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEE D S TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
S U B S T A N T I A L N O N COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.




NONE

Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Comment Period Ending Date

Application
Centura Bank, Rocky Mount, North Carolina,
to establish an EFT Facility in the Wal-Mart
located at 4424 West Wendover Avenue,
Greensboro, North Carolina.*

12-19-93

The George Mason Bank, Fairfax, Virginia,
to establish a branch at 13060 Fair Lakes
Boulevard, Fairfax, Virginia.*

12-20-93

Mellon Bank (MD), Rockville, Maryland, to
establish an EFT Facility at 2506 Solomons
Island Road, Annapolis, Maryland.*

12-22-93

Signet Bank/Maryland, Baltimore, Maryland,
to establish an EFT Facility at the Chesapeake
House on Interstate 95, North East, Cecil
County, Maryland.*

12-24-93

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

Comment Period Ending Date

C&F Financial Corporation, West Point,
Virginia, to become a bank holding
company through the acquisition of
Citizens and Farmers Bank, West Point,
Virginia.*

12-27-93

Independent Community Bankshares, Inc.,
Middleburg, Virginia, to become a bank
holding company through the acquisition
of The Middleburg Bank, Middleburg,
Virginia, which would result from the
conversion to a state charter of The
Middleburg National Bank, Middleburg,
Virginia.*

12-27-93

'^Application is subject to CRA requirements.




Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

First Union Corporation, Charlotte, North
Carolina, to acquire additional shares of
Internet, Inc., Reston, Virginia.

12-17-93**

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

**Expiration of comment period specified in the Federal Register.



Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending November 26, 1993

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

First Virginia Bank-Piedmont
7901 Timberlake Road
Lynchburg, VA 24502




9-7-93

Rating

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 20, 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

First United Bank
Boca Raton, Florida
To merge with New River Bank, Oakland,
Park, Florida, pursuant to Section 1 8 (c)
of the Federal Deposit Insurance A c t .

11-19-93*

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

Comment Period Ending Date

Cullman Bancshares, Inc.
Cullman, Alabama
Change in control notice by the Cullman
Employee Stock Ownership Plan to acquire an
additional 1.60 percent of the outstanding
shares of common stock of Cullman Bancshares,
Inc., Cullman, Alabama.
Total ownership will
equal 11.19 percent.

11-22-93*
Federal Register

Central National Bank Corporation
Winter Park, Florida
To acquire up to 15 percent of First
Mercantile National Bank, Longwood, Florida,
pursuant to Section 3 ( a ) (3) of the Bank
Holding Company A c t .

Not yet available*

First National Bancorp
Gainesville, Georgia
To merge with Metro Bancorp, Inc.,
Douglasville, Georgia, and thereby directly
acquire The Commercial Bank, Douglasville,
Georgia, pursuant to Section 3 ( a ) (5) of the
Bank Holding Company A c t .

Not yet available*

*Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 20, 1993
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Summerville/Trion Bancshares, Inc.
12-13-93*
Summerville, Georgia
Federal Register
To acquire up to 7 percent of Adairsville
Bancshares, Inc., Adairsville, Georgia, and
thereby indirectly acquire its bank
subsidiaries, Bank of Adairsville, Adairsville,
Georgia, and the Peoples Bank of Crawfordville,
Crawfordville, Georgia, pursuant to Section
3 ( a ) (3) of the Bank Holding Company Act.
Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

SunTrust Banks, Inc.
12-13-93
Atlanta, Georgia
To engage de novo, in providing financial
advice, arranging commercial real estate
equity financing and providing securities
brokerage services, pursuant to Section
225.25(b) (4) (iii) (iv) (v) (vi) , 225.25(b) (14)
and 225.25(b)(15)(ii) of Regulation Y, through
its subsidiary, SunTrust Securities, Inc., Atlanta,
Georgia.
The Alan J. Lewis Financial Services Trust
Road Town, Tortola, British Virgin Islands
To engage de n o v o in making, acquiring and
servicing loans or other extensions of credit,
through its subsidiary, Anglo-American Bancshares
Corporation, Baton Rouge, Louisiana, pursuant to
Section 225.25(b)(1) of Regulation Y.

11-15-93

*Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 20, 1993
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 20, 1993

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

Outstanding

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.
Satisfactory

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.

Needs

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.
Substantial noncompliance

Examination
Bank
Smyrna Bank & Trust Company
Post Office Box 813000
Smyrna, Georgia 30081
(404)434-8185




Rating
Satisfactory

Date
07-26-93

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

to N e w s p a p e r
Comment Period
Ending Date

Type

Application

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, I l linois
Northwestern University
N o r r i s Cen t e r
1999 S. Campus D r i v e
Evanston, Il l i n o i s *

N

- 11-28-93

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, Ill i n o i s
Northwestern University
W i e b o l d Hall
3 3 9 E a s t Chicago
Chicago, Ill i n o i s *

N

- 11-28-93

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, I llinois
Northwestern University
S p o r t s a n d Ac[uatic C e n t e r
23 7 9 N. C ampus D r i v e
Evanston, Il l i n o i s *

N

- 11-28-93

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, Ill i n o i s
W a l g r e e n s Store
1 1 0 4 0 S. M i c h i g a n A v e n u e
Chicago, I l l inois*

N

- 11-28-93

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, I l l i n o i s
W a l g r e e n s S t o re
1 3 6 0 N. Pulaski
Chicago, Il l i n o i s *

N

- 11-28-93

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, Il l i n o i s
W a l g r e e n s Store
5 0 3 6 S. C o ttage G r o v e
Chicago, I l l i nois*

N

- 11-28-93

EFT

T h e N o r t h e r n Trust C o m p a n y
Chicago, Il l i n o i s
181 M a d i s o n
Chicago, I l l i nois*

N

11-28-93




Federal Reserve Bank of Chicago
Section I

- A p p l i c a t i o n s S u b j e c t to N e w s p a p e r
Noti c e Only
(continued)
Comment Period
E n d i n g Date

Type

Application

EFT

Th e N o r t h e r n T r u s t C o m p a n y
Chicago, I l l i n o i s
2 @ Brookfield Zoo
Brookfield, Illinois*

N

- 11-28-93

EFT

A m e r i c a n Trust & Savings Bank
Dubuque, Iowa
Wal-Mart, 42 0 0 D o d g e Str e e t
Dubuq u e , I o w a *

N

- 12-8-93

Branch

F i r s t o f A m e r i c a B a n k - West M i c h i g a n
G r a n d Rapids, M i c h i g a n
4 6 4 6 2 8 t h Street, S o u t h e a s t
K e n t w o o d , Mi c h i g a n *

N

- 11-28-93

Branch

F i r s t o f A m e r i c a B a n k - West M i c h i g a n
G r a n d Rapids, M i c h i g a n
5 4 5 5 C l y d e Park, S o u t h w e s t
Wyoming, M i c h i g a n *

N

- 11-28-93

Oakar

R e p u b l i c B a n c o r p Co.
O r l a n d Park, I l l i n o i s
F i r s t C o o k C o m m u n i t y Bank,
Chicago, I l l i n o i s *




N
FSB

11-20-93

Federal Reserve Bank of Chicago
Section II

Type

- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r a n d F e d e r a l
Register Notice
Comment P e riod
Ending Date
Application

Y-2

P e o t o n e Bancorp, Inc.
Peotone, I l l i n o i s
S o u t h w e s t Bancorp, Inc.
Worth, Ill i n o i s
W o r t h B a n k a n d Trust
Worth, I l l i n o i s
Mount Greenwood Bank
Chicago, Ill i n o i s
First National Bank of D a nville
D anville, Ill i n o i s
Sun City Bank
S u n City, A r i z o n a *

FR
N

- 11-12-93
- 11-27-93

Y-l

E a s t Side Financial, Inc.
Chicago, I l l i n o i s
E a s t Side S a v ings B a n k
Chicago, I l l i nois*

FR
N

- 11-19-93
- 12-17-93

CoC-HC

W a b e n o Bancorporation, Inc.
Venice, Flo r i d a
Verle Burgason & JoAnn Burgason

FR
N

- 11-22-93
- **

CoC-HC

W a b e n o Bancorporation,
Veni c e , FI ori da
C o n n i e R y a n Trust

FR
N

- 11-22-93
_ **

Y-l

R e p u b l i c B a n c o r p Co.
O r l a n d Park, I l l i n o i s
M A H Bancorp, Inc.
O r l a n d Park, I l l i n o i s
R e p u b l i c B a n k of C h i c a g o
Chicago, I l l i n o i s
APL Financial, I n c .
Chicago, Ill i n o i s
F i r s t Co o k C o m m u n i t y Bank,
Chicago, I l l inois*

FR
N

_ **
- 11-20-93




Inc.

FSB

Federal Reserve Bank of Chicago
Section II

- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r
Register Notice
(Continued)

and Federal
Comment Period
Ending Date

Type

Application

Y-2

Associated Banc-Corp
G r e e n Bay, W i s c o n s i n
M. S. I n v e s t m e n t C o m p a n y
Milwaukee, Wisconsin
Mitchell B a n k H o l d i n g Corporation
Milwaukee, Wisconsin
Mitchell Bank
Milwaukee, Wisconsin*

FR
N

- 11-26-93
- 11-21-93

Y-2

G o r e - B r o n s o n Bancorp, Inc.
P r o s p e c t Height, I l l i n o i s
W a t e r T o w e r Bancorp, Inc.
Chicago, I l l i n o i s
Water Tower Bank
Chicago, I l l i n o i s *

FR
N

- 11-26-93
- 12-3-93

Y-2

Comerica California Incorporated
S a n Jose, C a l i f o r n i a
P a c i f i c W e s t e r n Bancshares, Inc.
S a n Jose, C a l i f o r n i a
Pacific Western Bank
S a n Jose, C a l i f o r n i a *

FR
N

- 11-29-93
- 11-29-93

Y-2

Comerica Incorporated
D e troi t , Mi chi g a n
P a c i f i c W e s t e r n Bancshares,
S a n Jose, C a l i f o r n i a
Pacific Western Bank
S a n Jose, C a l i f o r n i a *

FR
N

- 11-29-93
- 11-29-93

FR
N

- **
- 11-29-93

FR
N

- 12-2-93
- **

Y-2

Y-l




Comerica Incorporated
Detroit, Michigan
P a c i f i c W e s t e r n Bancshares,
S a n Jose, C a l i f o r n i a
Pacific Western Bank
S a n Jose, C a l i f o r n i a *

I n c . --(100%)

I n c . --(19.9%)

Hasten Bancshares
Indianapolis, Indiana
Hasten Bancorp
Indianapolis, Indiana
First National Bank
Kokomo, I n d i a n a
S u l l i v an-Peoples State Bank
Farmershurg, Indiana
F i r s t B a n k & Tr u s t Co. of C l a y C o u n t y
Brazil, I n d i a n a
H a s t e n F i n a n c i a l Services, Inc.
I n d i a n a p o l i s , Indiana*

Federal Reserve Bank of Chicago
Section II

Type

- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r a n d Fed e r a l
Register Notice
(Continued)
Comment P e riod
Application
Ending Date

Y-l

L e R o y C. Darby, Inc. E m p l o y e e S t o c k
O w n e r s h i p Pl a n
M o n o n a , Iowa
L e R o y C. Darby, Inc.
M o n ona, Iowa
U n i o n State B a n k
Monona, Iowa
P e o p l e s State B a n k
Elkader, Iowa*

FR
N

- 12-2-93
- 11-17-93

Y-l

B a n c o r p , of M e w Glarus, Inc.
N e w Glarus, W i s c o n s i n
Th e B a n k of N e w G l a r u s
N e w Glarus, W i s c o n s i n *

FR
N

- 12-13-93
- 11-8-93

Y-2

L i n c o l n l a n d Bancshares,
Casey, Il l i n o i s
Westfield State Bank
Westfield, I l l inois*

Inc.

FR
N

- 12-16-93
- 12-4-93

Y-l

R u d o l p h Bancshares, Inc.
R u d o l p h , W i s con sin
Farmers and Merchants Bank
Rudolph, W i s c onsin*

JTR

.

N

- **

**

Y-2

F & M B a n c o r p o r a t i o n , Inc.
K a u k a u n a , Wi s c o n s i n
P u l a s k i Bancshares, Inc.
Pulaski, Wi s c o n s i n
P u l a s k i State B a n k
Pulaski, Wiscon s i n *

FR
N

- **
- **

Y-2

F & M Merger Corporation
Kauka u n a , W i s consin
P u l a s k i Bancshares, Inc.
Pulaski, W i s consin
P u l a s k i State B a n k
Pulaski, W i s c onsin*

FR
N

- **
- **

CoC-HC

The Newburg Corporation
St. Ansgar, Iowa
Ha l B. M c K i n l e y & A u d r e y M. M c K i n l e y

FR
N

- **
- **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date

Type

Application

Y-2

ANB Corporation
M u n cie, I n d i a n a
Winchester Bancorporation
Winchester, Indiana
P e o p l e s L o a n a n d Trust Bank
Winchester, Indiana*

FR
N

- 11-12-93
- 12-16-93

Y-2

F i r s t c o m m u n i t y Bancshares,
Bargersville, Indiana
First State Bank
Morgantown, Indiana*

FR
N

- **
- **

CoC-HC

G N B a n c o r p , Inc.
Chicago, I l l i n o i s
Ronald Howard Muck

FR
N

- **
. **

CoC-HC

P e o t o n e Bancorp , Inc.
Peotone, I l l i n o i s
C r a i g L. C a m p b e l l ; D o u g l a s L.
a n d S c o t t L. C a m p b e l l

FR
N

- **
. **

FR

- **

Y-2




C e n t r a l B a n c s h a r e s , Inc.
Muscatine, Iowa
FSB Holding Company
Kalona, I o w a
Farmers State Bank
Kalona, Iovra
West Chester Savings Bank
W e s t Chester, I o w a *

Inc.

Campbell

U

.

**

Federal Reserve Bank of Chicago
Section III

- Avvlications Subject
Notice Only

to F e d e r a l R e g i s t e r

Comment Period
Ending Date

Type

Apvlication

Y-4

H asten Bancshares
Ind i a n a p o l i s , Ind i a n a
H a s t e n Financial S e r v i c e s , Inc.
Indianapolis, Ind i a n a

FR

- 12-2-93

4(c) (8)

P r a i r i e l a n d Bancorp, Inc.
Bushn e l l , I l l i n o i s
A l f r e d E. H e m p e n A c c o u n t i n g
Hamilton, I llinois

FR

- 11-23-93

4 (c) (8)

E d g e m a r k Finan c i a l C o r p o r a t i o n
Chicago, Ill i n o i s
E d g e m a r k Financial Services, Inc.
Countryside, I l l i n o i s

FR

- 12-2-93

Y-4

N o r t h e r n Trust C o r p o r a t i o n
FR
Chicago, Ill i n o i s
North e r n Futures Corporation
Chicago, Illin o i s -- e x e c u t i n g
a n d c l e a r i n g of c e r t a i n n o n f i n a n c i a l
c o m m o d i t y futures a n d o p t i o n s o f the I n d e x
a n d O p t i o n D i v i s i o n o f the C h i c a g o
M e r c a n t i l e E x c h a n g e a n d the C h i c a g o
B O T a n d N e w York M e r c a n t i l e E x c h a n g e

- **

4 (C) (8)

F i r s t M i d w e s t Bancorp, Inc.
N a p e r v i l l e , I llinois
F i r s t M i d w e s t Mortgage, Inc.
Joliet, I l l i n o i s

FR

- 12-13-93

4 (c) (8)

F i r s t a r Corporation
M i l w a u k e e , Wi s c o n s i n
Firstar Home Mortgage Corporation
Milwaukee, Wisconsin

FR

- **

Y-4

Hawkeye Bancorporation
D e s Moines, Iowa
C e n t r e P o i n t e L e a s i n g Co.,
W e s t D e s Moines, I o w a

FR

- 12-17-93

FR

- 12-13-93

4(c) (8)




W e l d o n Bancshares, Inc.
Weldon, Ill i n o i s
Weldon Insurance Service
Weldon, Iowa

Inc.

Federal Reserve Bank of Chicago
Section III

Type

- A p p l i c a t i o n s S u b ject to F e d e r a l R e g i s t e r
Notice Only
(C o n t i n u e d )

Application

Comment Period
Ending Date

Y-4

Old Kent Financial Corporation
G r a n d Rapids, M i c h i g a n
CDC--Grand Rapids Hope Limited
P a r t n ership II
G r a n d Rapids, M i c h i g a n - -invest in l o w
income transitional housing project for
women and children

FR

- **

Y-4

I o w a N a t i o n a l B a n k s h a r e s Corp.
Waterloo, I owa
Mi d A m e r i c a Financial Corporation
Waterloo, I o w a
M i d A m e r i c a S a v i n g s Bank, F S B
Waterloo, I o w a

FR

- **




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

.Register

or Newspaper

Tme

Application

RoS

F a i r b a n k Bancshares, Inc.
F airbank, Iowa
R e d e e m 1,875 s h a r e s o f s t o c k

RoS

G r e e n w o o d ' s Ba n c o r p o r a t i o n , Inc.
L a k e Mills, Wi s c o n s i n
R e d e e m up to 2,383 s h a r e s o f i t s i s s u e d a n d
o u t s t a n d i n g common s t o c k

RoS

Greathanc, Inc.
Aurora, Illinois
R e p u r c h a s e the m a j o r i t y o f C l a s s D c o m m o n s t o c k

RoS

The Newb u r g Corporation
St. Ansgar, Iowa
R e d e e m 19,594 s h a r e s (24.25%)

RoS

N
FR
*
**

o f it s c o m m o n s t o c k

Pioneer Development Company
S e r g e a n t Bluff, Iowa
R e d e e m common stock w i t h v a l u e e x c e s s o f 1 0% o f e q u i t y

-

Newspaper
Federal R e gister
S u b j e c t to P r o v i s i o n s of C o m m u n i t y R e i n v e s t m e n t A c t
N o t a v a i l a b l e a t this time




A V A I L A B I L I T Y O F CR A P U B L I C E V A L U A T I O N S
T h e f o l l o w i n g s t a t e m e m b e r b a n k s h a v e b e e n e x a m i n e d b y the F e d e r a l R e s e r v e
B a n k o f C h i c a g o f o r c o m p l i a n c e w i t h the CRA. The 3 0 - b u s i n e s s d a y p e r i o d the
b a n k h a s to m a k e the e v a l u a t i o n p u b l i c h a s l a p s e d d u r i n g the w e e k en d i n g
N o v e m b e r 26,
1993.
I f y o u a r e i n t e r e s t e d in o b t a i n i n g a c o p y of the
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) d i r ectly.
IDENTIFICATION OF RATINGS
O-

A n i n s t i t u t i o n in this g r o u p h as an o u t s t a n d i n g r e c o r d of, a n d is a
l e a d e r in, a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f its
entire
delineated
community,
including
lowand
moderate-income
neighborhoods,
in
a
manner
consistent
with
its
resources
and
capabilities.

S-

A n i n s t i t u t i o n in this g r o u p h a s a s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g
a n d h e l p i n g to m e e t the c r e d i t n e e d s of its e n t i r e d e l i n e a t e d community,
i n c l u d i n g low- a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s , in a m a n n e r consis t e n t
wit h its r e s o urces a n d c a p a b i l i t i e s .

NI-

A n i n s t i t u t i o n in this g r o u p n e e d s to i m p r o v e i t s o v e r a l l r e c o r d of
a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f its entire
d e l i n e a t e d community, i n c l u d i n g low- a n d m o d e r a t e -i n c o m e neighborhoods,
in a m a n n e r c o n s i s t e n t w i t h it s r e s o u r c e s a n d c a p a b i l i t i e s .

SN-

A n i n s t i t u t i o n in this g r o u p has a s u b s t a n t i a l l y d e f i c i e n t r e c o r d of
ascertaining and helping
to m e e t
the c r e d i t n e e d s
o f its entire
d e l i n e a t e d community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r c o n s i s t e n t w i t h it s r e s o u r c e s a n d c a p a b i l i t i e s .

BANK NAME/LOCATION

EXAMINATION DATE

RATINGS

- F i r s t - C i t i z e n s B a n k a n d T r ust
One No r t h Indiana Street
B o x 17 7
Greencastle, Indiana
4 6 135
317-653-4181

8 / 23/93

S

-Bankers Trust C o mpany
665 L o c u s t
D e s Moi n e s , I o w a
50304
515-245-2424

8 / 16/93

S

-Peoples Bank
120 N o r t h C e n t e r Street, B o x 68
Bloomington, Illinois
61702-0068
309-823-7000

8 / 16/93

S




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING NOVEMBER 26, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

* Section 9 application by First Bank of Arkansas,
Trumann, Arkansas, to establish a branch in
Harrisburg, Arkansas.

12-20-93

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

End of Comment Period

* Section 3(a)(3) application by First Commercial
Corporation, Little Rock, Arkansas, to acquire
State First Financial Corporation, Texarkana,
Arkansas.

Newspaper:

12-22-93

* Section 4(c)(8) application by Peoples First
Corporation, Paducah, Kentucky, to acquire
First Kentucky Federal Savings Bank, Central
City, Kentucky.

Newspaper:

12-26-93

* Section 3(a)(3) application by Union Planters
Corporation, Memphis, Tennessee, to acquire
Anderson County Bank, Clinton, Tennessee.

Newspaper:

12-25-93

* Section 3(a)(1) application by Clay Bancshares, Inc.,
Flora, Illinois, to acquire Flora Bank & Trust,
Flora, Illinois.
Newspaper:

12-24-93

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 24A application by First Bank of Arkansas,
Trumann, Arkansas, for an investment in bank premises.

*This application is subject to CRA.




N/A*

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to meet the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record o f ascertaining and helping to meet the credit
needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record of ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient record o f ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




November 26, 1993

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS

Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
Dakota Company, Inc., Mpls, MN;
South Dakota Bancorp, Inc., Mpls,
MN; and South Dakota Financial
Bancorporation, Inc., Mpls, MN,
For one of their subsidiary
banks, Dakota State Bank, Milbank,
SD, to acquire the Milbank, SD
branch office of Bank of South
Dakota, Watertown, SD

Not yet available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
United Bankers' Bancorporation, Inc.
Bloomington, MN
To acquire 85% of the voting shares
of United Bankers' Bank, Bloomington,
MN*

Comment Period
Ending Date
12-9-93
(Newspaper)

First Bank System, Inc.
Mpls, MN
To acquire, through merger, American
Bancshares of Mankato, Inc., Mankato,
MN, a one bank holding company owning
the American State Bank, Mankato, MN*

12-16-93
Federal Register)

Norwest Corporation
Mpls, MN
To acquire 100% of the voting shares
of D.L. Bancshares, Inc., Detroit
Lakes, MN, a one bank holding company
owning the First National Bank, Detroit
Lakes, MN*

Not yet available

Elmore Bancshares, Inc.
Elmore, MN
To acquire 83.2% of the voting
shares of the Farmers State
Bank of Delavan, Delavan, MN*

*Subject to CRA




12-17-93
(Federal Register)

Section II - Applications Subject to Both
Newspaper and Federal Register Notice (Continued)
Comment Period
Ending Date

Application
Randall Holding Co. Inc.
Randall, MN
To acquire 90% of the voting
shares of Randall State Bank,
Randall, MN*

Not yet available

Dakota Bancshares, Inc.
Mendota Heights, MN
To become a bank holding com­
pany through the acquisition
of 100% of Dakota County Baneshares, Inc., Mendota Heights,
MN*

Not yet available

St. Paul Bancshares, Inc.
Phalen Park, MN
To acquire 23.86% of the voting
shares of Dakota Bancshares,
Inc., Mendota Heights, MN*

Not yet available

Section III - Applications Subject
to Federal Register Notice Only
Application
First Bank System, Inc.
Mpls, MN
To engage in insurance agency
activities through the acquisi­
tion of Eagle Insurance Agency,
Inc., Mankato, MN

*Subject to CRA




Comment Period
Ending Date
12-16-93

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
St. Paul Bancshares, Inc.
Phalen Park, MN
To redeem 33.3% of its voting shares.
Dakota County State Bank
Mendota Heights, MN
To increase its investment in
bank premises by $237M.




FEDERAL RESERVE BANK OF M I N N E APOLIS

Section V - Availability of
CRA Public Evaluations
week ending November 19, 1993
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 moderateincome 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( ) EXAMINED
S
Valley Bank of Ronan
P. 0. Box 129
Ronan, MT 59864-0129
(406) 676-2000




DATE OF EXAMINATION
August 16, 1993

CRA RATING
Outstanding

Federal Reserve Bank of Kansas City

S E C T I O N 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

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

December 6, 1993

Gold Bancshares, Inc., Marysville,
Kansas, for prior approval to acquire
100 percent of the voting shares of
Provident Bancshares, Inc., and
Provident Savings Bank, FSB, both of
St. Joseph, Missouri.*

December 3, 1993

T. Brent Ballinger, Pawhuska,
Oklahoma, for prior approval to
increase his ownership interests in
N.B.C. Bancshares in Pawhuska, Inc.,
Pawhuska, Oklahoma, from 23.50
percent to 25.09 percent.

November 29, 1993

Southwest Kansas Bancshares, Inc.,
Girard, Kansas, for prior approval to
become a bank holding company through
the acquisition of 80 percent of the
voting shares of Exchange State Bank,
St. Paul, Kansas, and 99 percent of
the voting shares of The Prescott
State Bank, Prescott, Kansas.*

December 17, 1993

G.E. Wortman, Loup City, Nebraska,
for prior approval to increase his
ownership interests in Sherman County
Management, Inc., Loup City,
Nebraska, from 12.3 percent to 23.8
percent, and become the largest
shareholder.

December 13, 1993

Lindoe, Inc., Ordway, Colorado, for
prior approval to increase its
ownership of Pueblo Bancorporation,
Pueblo, Colorado, from 5.22 percent
to 5.44 percent.*

December 17, 1993




Federal Reserve Bank of Kansas City

Community Banks of Kansas, Inc.,
Prairie Village, Kansas, for prior
approval to become a bank holding
company through the acquisition of
100 percent of the voting shares of
First Kansas Holding Company,
Junction City, Kansas, and 99.18
percent of the voting common shares
of Chapman Bancshares, Inc., Prairie
Village, Kansas.*

December 17, 1993

Whitman T. Eastman and Margaret M.
Eastman, both of Gunnison, Colorado,
for prior approval to increase their
ownership interests in First National
Bankshares of Gunnison, Inc.,
Gunnison, Colorado, from 14.3 percent
to 36.4 percent.*

December 8, 1993

James Miller, Walthill, Nebraska, for
prior approval to increase his
ownership interests in FNB Insurance
Agency, Inc., Walthill, Nebraska,
from 21.21 percent to 31.8 percent.

December 8, 1993

FNB Financial Services, Inc., Durant,
Oklahoma, for prior approval to
acquire 100 percent of the voting
shares of FNB Capital Corporation,
Inc., Durant, Oklahoma.*

Not Available

Walter and Jana H. Shafer, Newkirk,
Oklahoma, for prior approval to
increase their ownership interests in
Eastman National Bancshares, Inc.,
Newkirk, Oklahoma, from 24.21 percent
to 25.03 percent.

Not Available

William W. Cook, Jr., Mary C.
Schiermeyer, and Martha C. Fricke,
all of Beatrice, Nebraska, for prior
approval to increase their ownership
interests in Cook Investment, Inc.,
Beatrice, Nebraska, as follows;
William W. Cook, Jr., from 1.57
percent to 50.99 percent, and Mary C.
Schiermeyer and Martha C. Fricke to
each acquire 24.51 percent.

Not Available




Federal Reseri'e Bank of Kansas City

S E C T I O N III - APPLICATIONS SUBJECT TO FEDERAL REGISTER N O T I C E
ONLY

APPLICATION
Megabank Financial Corporation,
Englewood, Colorado, for prior
approval to create a communitydevelopment corporation in Englewood,
Colorado

COMMENT PERIOD ENDING DATE
December 8, 1993

S E C T I O N IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER N O T I C E
OR NEWSPAPER NOTICE

APPLICATION
Cook Investment, Inc., Beatrice,
Nebraska, for prior approval to
redeem 4,660 shares of its own voting
common stock.

Not Available

Midwest Banco Corporation, Cozad,
Nebraska, for prior approval to
redeem 57,726 shares of its capital
stock.

Not Available

S E C T I O N 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:
Oun.stending record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
S a t i s f a c t o r y 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 moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Needs to improve record of m eeting community credit needs

An



institution in this group needs to improve

its overall

Federal Reserve Bank of Kansas City

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.
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

Exam Date

None.
*

*Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF NOVEMBER 22, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

**
* NOTICE EXP

Change in Control Notice by
John H. and Cecilia C. Keck, Laredo, TX, to acquire
an interest in Union Texas Bancorporation, Inc.,
Laredo, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF NOVEMBER 22, 1993
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

Date of
Examination

CRA Rating

The Bank of Van Zandt
401 E. Hwy. 243
P. 0. Box 939
Canton, Texas 75103

93/08/16

Satisfactory

North Texas Bank & Trust
808 E. Hwy 82
P. 0. Box 1299
Gainesville, Texas 76240

93/08/16

Satisfactory




FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 11/26/93
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

West One Bank, Utah, Salt Lake City,
Utah, to establish a branch office at
1283 Deer Valley Drive, Park City, Utah. *

Newspaper:

Not available

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

Section III - Applications Sub.iect to Federal Register Notice Only
Cowlitz Bancorporation, Longview, Washington,
to engage in securities brokerage activities
through the acquisition of BMN, Inc.,
Vancouver, Washington.

Fed. Reg.:

12/20/93

CB Bancshares, Inc., Honolulu, Hawaii, to
acquire International Savings and Loan
Association, Limited, Honolulu, Hawaii.

Fed. Reg.:

12/20/93

CB Bancshares, Inc., Honolulu, Hawaii, to
engage in mortgage life insurance through
DRI Assurance, Inc., Honolulu, Hawaii.

Fed. Reg.:

12/20/93

CB Bancshares, Inc., Honolulu, Hawaii, to
engage in mortgage lending activities
through ISL Capital Corporation,
Honolulu, Hawaii.

Fed. Reg.:

12/20/93

The Dai-Ichi Kangyo Bank, Limited, Tokyo,
Japan, to acquire Barclays Commercial
Corporation, Charlotte, North Carolina,
through The CIT Group Holdings, Inc.,
New York, New York.

Fed. Reg.:

Not available

Section IV - Applications Not Sub.iect to Federal Register Notice
or Newspaper Notice
None

* Subject to CRA.



FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
Week Ending 11/26/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending November 26, 1993. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Concord Commercial Bank

218 Willow Pass Rd.
Concord, CA 94510-2430
(510) 798-2233

8/16/93

Rating*
Satisfactory

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




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