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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1992, No. 45
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending November 7, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

SANK HOLDING COMPANIES
Barnett Banks, Inc., Jacksonville, Florida — revised
order concerning BoardTs approval of application to
acquire 7L Corporation, Tampa, Florida, and First
Florida Banks, Inc.
Authorized, November 6, 1992.
BANK MERGERS
Bank of New York, New York, New York — to purchase
certain assets and assume certain liabilities of
Barclays Bank of New York, N.A., and to establish
branches.
Approved, November 4, 1992.
ENFORCEMENT




Heritage Bank, McLean, Virginia — written agreement
dated October 31, 1992, with the Federal Reserve
Bank of Richmond and the Bureau of Financial
Institutions of the Commonwealth of Virginia.
Announced, November 3, 1992.
NESB Corp., New London, Connecticut — written
agreement dated October 29, 1992, with the Federal
Reserve Bank of Boston.
Announced, November 6, 1992.
PeopleTs Mutual Holdings, Bridgeport, Connecticut —
written agreement dated October 22, 1992, with the
Federal Reserve Bank of New York and the Banking
Commissioner of the State of Connecticut.
Announced, November 6, 1992.
Wahoo State Bank, Wahoo, Nebraska — written
agreement dated October 23, 1992, with the Federal
Reserve Bank of Kansas City, and the Nebraska
Director of Banking and Finance.
Announced, November 3, 1992.

H.2
NOVEMBER 2, 1992
PAGE 2

TO

NOVEMBER 6, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

FORMS
One-Time Survey of the Cost of Implementing Truth in
Savings CFR 3074).
Approved, November 6, 1992.
INTERNATIONAL OPERATIONS
Morgan Guaranty International Finance Corporation,
New York, New York — to engage in the execution
and clearance of certain futures contracts on the
Mercato Italiano Futures, Milan, Italy, through
J.P. Morgan SIM S.p.a., with delegation of
authority to the Federal Reserve Bank of New York
to approve additional financial contracts.
Permitted, November 2, 1992.

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




Dallas

Citizens Bank and Trust Company, Baytown, Texas —
establish a branch at San Jacinto Methodist
Hospital, 4401 Garth Road.
Approved, November 6, 1992.

to

Minneapolis

Farmers State Bank, Victor, Montana —
branch in Darby, Montana.
Approved, November 6, 1992.

S t . Louis

First Bank of Arkansas, Russellville, Arkansas —
establish a branch at 1907 West Main Street.
Approved, November 2, 1992.

Richmond

First Virginia Bank - Colonial, Richmond, Virginia —
to establish a branch at Harbour Pointe Village
Shopping Center, Midlothian, Virginia.
Approved, November 4, 1992.

to establish a

to

H.2
NOVEMBER 2, 1992
PAGE 3

TO

NOVEMBER 6, 1992

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

BANK HOLDING COMPANIES




Chicago

Albrecht Financial Services, Inc., Wall Lake, Iowa —
to acquire Norwalk-Cumming State Bank, Norwalk,
Iowa.
Approved, November 6, 1992.

Kansas City

BOK Financial Corporation, Tulsa, Oklahoma — to
acquire certain assets and assume certain
liabilities of 19 branches of the Sooner division
of First Gibraltar, FSB, Irving, Texas.
Approved, November 3, 1992.

St. Louis

CBT Corporation, Paducah, Kentucky — to engage de
novo in the sale of property insurance through
Fidelity Credit Corporation.
Withdrawn, November 6, 1992.

Atlanta

Colonial BancGroup, Montgomery, Alabama — to acquire
Auburn Federal Savings Bank, Auburn, and merge it
into Colonial Bank, Montgomery, Alabama.
Approved, November 3, 1992.

Director, BS&R

Evans Bancorp, Inc., Angola, New York —
statement.
Approved, November 2, 1992.

Chicago

FBOP Corporation, Oak Park, Illinois — to acquire
the assets and assume the liabilities of Republic
Federal Savings Bank, Chicago, Illinois.
Approved, November 6, 1992.

Chicago

First Citizens Bancorp of Indiana, Anderson,
Indiana — to acquire five Anderson, Indiana,
branches of Colonial Central Savings Bank, F.S.B.,
Mount Clemens, Michigan.
Approved, November 2, 1992.

Richmond

First Citizens Bancorporation of South Carolina,
Inc., Columbia, South Carolina — proposal that
First Citizens Bank and Trust Company of South
Carolina, acquire certain assets and assume certain
liabilities of four branches of First State Savings
and Loan, a division of Poughkeepsie Savings Bank,
FSB, Poughkeepsie, New York.
Approved, November 2, 1992.

registration

H.2
NOVEMBER 2, 1992
PAGE A

TO

NOVEMBER.6, 1992

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

BANK HOLDING COMPANIES




Atlanta

First Community Bancorp, Inc., Shelbyville, Tennessee
— to acquire First Community Bank of Bedford
County.
Approved, November 4, 1992.

Dallas

First Valley Delaware Financial Corporation, Dover,
Delaware — to acquire First Valley Bank,
Raymondville, Texas.
Approved, November 2, 1992.

Richmond

First Virginia Banks, Inc., Falls Church, Virginia —
to engage in community development activities.
Approved, November 2, 1992.

Chicago

Firstar Corporation, Milwaukee, Wisconsin — to
transfer minority interest in its joint venture
subsidiary, Elan Life Insurance Company.
Returned, November 5, 1992.

Secretary

Fleet Financial Group, Inc., Providence, Rhode Island
— to engage in asset management, servicing, and
collection activities through Fleet Management and
Recovery Corporation, Boston, Massachusetts.
Approved, November 3, 1992.

Kansas City

Fourth Financial Corporation, Wichita, Kansas — to
acquire certain assets and assume certain
liabilities of 28 branches of the Sooner division
of First Gibraltar Bank, FSB, Irving, Texas.
Approved, November 6, 1992.

Kansas City

Fourth Financial Corporation, Wichita, Kansas — to
merge with Fourth National Corporation, Tulsa,
Oklahoma, and acquire Fourth Mortgage & Investment
Company, Fourth Investment Advisors, Inc., and Roe
& Cochran, Inc.
Approved, November 6, 1992.

H.2
NOVEMBER 2, 1992
PAGE 5

TO

NOVEMBER 6, 1992

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

BANK HOLDING COMPANIES




St. Louis

H & H Holding Company, Alton, Illinois — to acquire
Greene County National Bank in Carrollton,
Carrollton, Illinois, and Godfrey State Bank,
Godfrey, Illinois.
Approved, November 3, 1992.

Chicago

Heritage Financial Services, Inc., Tinley Park,
Illinois — to purchase certain assets and assume
certain deposit liabilities of First Chicago Bank
for Savings, F.S.B., Frankfort, Illinois.
Approved, November 6, 1992.

Dallas

Olney Bancorp of Delaware, Inc., Wilmington, Delaware
— to acquire First Coleman National Bank of
Coleman, Coleman, Texas.
Approved, November 6, 1992.

Dallas

Olney Bancshares, Inc., Olney, Texas — to acquire
First Coleman National Bank of Coleman, Coleman,
Texas.
Approved, November 6, 1992.

Chicago

PSB Corporation, Wellsburg, Iowa — to acquire First
National Bank of Sumner, Sumner, Iowa.
Approved, November 2, 1992.

Director, BS&R

Southern National Corporation, Lumberton, North
Carolina — to acquire FEDFirst Bancshares, Inc.,
Winston-Salem, and First Federal Savings Bank, and
for its bank subsidiary, Southern National Bank of
North Carolina, Lumberton, to acquire certain
assets and assume certain liabilities of First
Federal.
Approved, November 3, 1992.

S t . Louis

State First Financial Corporation, Texarkana,
Arkansas — to acquire First National Bank of
Nashville, Nashville, Arkansas.
Approved, November 5, 1992.

H .2
NOVEMBER 2, 1992
PAGE 6

TO

NOVEMBER 6, 1992

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

BANK HOLDING COMPANIES
Chicago

United Bancorp, Inc., Tecumseh, Michigan — to
purchase the assets and assume the liabilities of
the Morenci and Clinton, Michigan, offices of
Standard Federal Bank, Troy, Michigan.
Approved, November 2, 1992.

Minneapolis

Wally Bancorp, Inc., Parker, Colorado —
Community Bank of Parker.
Withdrawn, November 6, 1992.

to acquire

BANK PREMISES
Cleveland

Heartland Bank, Grove City, Ohio —
bank premises.
Approved, November 5, 1992.

investment in

Cleveland

Lorain County Bank, Elyria, Ohio —
bank premises.
Approved, November 2, 1992.

investment in

Cleveland

Ohio Citizens Bank, Toledo, Ohio —
bank premises.
Approved, November 4, 1992.

investment in

BANKS, STATE MEMBER
Chicago

Firstar Bank Ottumwa, Ottumwa, Iowa —
dividend.
Approved, November 5, 1992.

payment of a

CAPITAL STOCK




Chicago

Financial Services Corporation of the Midwest, Rock
Island, Illinois — redemption of shares.
Returned, November 2, 1992.

Dallas

Moody Bancshares, Inc., Galveston, Texas —
redemption of shares.
Approved, November 5, 1992.

H.2
NOVEMBER 2, 1992
PAGE 7

TO

NOVEMBER 6, 1992

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

CHANGE IN BANK CONTROL
Dallas

First Bancorporation of Cleveland/ Inc., Cleveland/
Texas — change in bank control.
Permitted/ November 6, 1992.

COMPETITIVE FACTORS REPORTS




Chicago

American Equity Bancorp/ Inc., Stevens Point/
Wisconsin/ proposed merger with American Equity
Bank/ S.S.B. — report on competitive factors.
Submitted, November 2, 1992.

Kansas City

Bank of Applewood (dba Citywide Bank of Applewood),
Wheat Ridge, Colorado, proposed merger with
Jefferson Bank South Cdba Citywide Bank of
Jefferson), Lakewood, Colorado — report on
competitive factors.
Submitted, November 6, 1992.

Chicago

Bank One, Indianapolis, National Association,
Indianapolis, Indiana, proposed merger with Bank
One, Plainfield, National Association, Plainfield,
Indiana — report on competitive factors.
Submitted, November 6, 1992.

Atlanta

Barnett Bank of Central Florida, NA, Winterpark,
Florida, proposed merger with First Florida Bank,
NA, Tampa, Florida, and proposed purchase of asset
and assumption of liabilities of certain branches
of First Florida Bank, NA, by Barnett — report on
compet itive factors.
Submitted, November 5, 1992.

Atlanta

Capital City Bank Group, Inc., Tallahassee, Florida
- to acquire certain assets and assume certain
liabilities of the Branford, Florida, branch of
First Federal Savings Bank of Perry; and to merge
those assets and liabilities with Branford State
Bank, Branford, Florida.
Submitted, November 6, 1992.

Cleveland

Charter One Financial, Inc., Cleveland, Ohio,
proposed acquisition of WomenTs Federal Savings
Bank, Cleveland, Ohio — report on competitive
factors.
Submitted, November 5, 1992.

H.2
NOVEMBER 2, 1992
PAGE 8

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NOVEMBER 6, 1992

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

COMPETITIVE FACTORS REPORTS




Chicago

Citizens Banking Company, Anderson, Indiana, proposed
purchase of assets and assumption of the
liabilities of the five Madison County, Indiana,
branches of Colonial Central Savings Bank, F.S.B.,
Mount Clemens, Michigan — report on competitive
factors.
Submitted, November 2, 1992.

Chicago

Comerica Bank - Midwest, National Association,
Toledo, Ohio, proposed purchase of all of the
assets and assumption of all of the liabilities of
Manufacturers Bank - Wilmington, Newark, Delaware - report on competitive factors.
Submitted, November 6, 1992.

Dallas

Comerica Bank-Texas, Dallas, Texas, proposed merger
with Hibernia National Bank in Texas, Dallas, Texas
— report on competitive factors.
Submitted, November 5, 1992.

Chicago

First National Bank of Sturgeon Bay, Sturgeon Bay,
Wisconsin, proposed merger with Kellogg-Citizens
National Bank of Green Bay, Green Bay, Wisconsin —
report on competitive factors.
Submitted, November 6, 1992.

Kansas City

First National Bank of Wisner, Wisner, Nebraska,
proposed merger with Farmers National Bank of
Madison, Madison, Nebraska — report on competitive
factors.
Submitted, November 6, 1992.

Chicago

Five Merchants Bank, N.A., Muncie, Indiana, proposed
purchase of certain assets and assumption of
certain liabilities of the Edgewood branch of
Pendleton Banking Company, Pendleton, Indiana —
report on competitive factors.
Submitted, November 4, 1992.

Atlanta

GF Bancshares, Inc., Griffin, Georgia — to acquire
Griffin Federal Savings Bank — report on
compet itive factors.
Submitted, November 4, 1992.

H.2
NOVEMBER 2, 1992
PAGE 9

TO

NOVEMBER 6, 1992

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

COMPETITIVE FACTORS REPORTS




Chicago

Heritage Bank, Blue Island, Illinois, proposed
purchase of the assets and assumption of the
liabilities of the Frankfort, Illinois, branch of
First Chicago Bank for Savings, F.S.B. — report on
competitive factors.
Submitted, November 6, 1992.

Kansas City

Kansas State Bank, Garnett, Kansas, proposed merger
with Peoples Bank of Kansas, Richmond, Kansas —
report on competitive factors.
Submitted, November 6, 1992.

S t . Louis

Kentucky State Bank of Scottsville, Scottsville,
Kentucky, and Commercial Bank of Dawson Springs,
Dawson Springs, Kentucky, proposed merger with
Trans Financial Bank, National Association, Bowling
Green, Kentucky — report on competitive factors.
Submitted, November 2, 1992.

Philadelphia

Meridian Bank, Cherry Hill, New Jersey, proposed
acquisition of certain assets and assumption of the
liability to pay certain deposits of the Security
Savings Bank, SLA, Vineland, New Jersey — report
on competitive factors.
Submitted, November 4, 1992.

Dallas

Mineola State Bank, Mineola, Texas, proposed merger
with First State Bank, Gladewater, Texas — report
on competitive factors.
Submitted, November 3, 1992.

Minneapolis

Norwest Interim Bank, N.A., Moorhead, Minnesota,
proposed merger with Moorhead Bank, N.A. — report
on competitive factors.
Submitted, November 2, 1992.

Chicago

St. Paul Federal Bank of Savings, Chicago, Illinois,
proposed merger with Elmhurst Federal Savings Bank,
Elmhurst, Illinois — report on competitive
factors.
Submitted, November 2, 1992.

H.2
NOVEMBER 2, 1992
PAGE 10

TO

NOVEMBER 6, 1992

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

COMPETITIVE FACTORS REPORTS




Chicago

St. Paul Federal Bank for Savings, Chicago, Illinois
proposed merger with Elmhurst Federal Savings Bank
Elmhurst, Illinois — report on competitive
factors.
Submitted, November 2, 1992.

Dallas

Security State Bank, Elysian Fields, Texas, proposed
merger with First State Bank, Gladewater, Texas —
report on competitive factors.
Submitted, November 3, 1992.

Cleveland

Team Bank, Fort Worth, Texas, proposed merger with
Bank One, Texas, N.A., Dallas, Texas — report on
competitive factors.
Submitted, November 5, 1992.

Chicago

United Bank & Trust, Tecumseh, Michigan, proposed
purchase of the assets and assumption of the
liabilities of the Clinton and Morenci, Michigan,
offices of Standard Federal Bank, Troy, Michigan report on competitive factors.
Submitted, November 2, 1992.

Richmond

United National Bank - Central, Glenville, West
Virginia, and United National Bank - North,
Wheeling, West Virginia, proposed merger with
United National Bank, Parkersburg, West Virginia report on competitive factors.
Submitted, November 4, 1992.

Philadelphia

Wayne County Bank and Trust Company, Honesdale,
Pennsylvania, proposed purchase of the Milford
branch of Northeastern Bank of Pennsylvania,
Scranton, Pennsylvania — report on competitive
factors.
Submitted, November 4, 1992.

H.2
NOVEMBER 2, 1992
PAGE 11

TO

NOVEMBER 6, 1992

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

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, San Francisco, California extensions to divest certain properties.
Granted, November 3, 1992.

San Francisco

BankAmerica Corporation, San Francisco, California extension to divest certain property.
Granted, November 3, 1992.

San Francisco

BankAmerica Corporation, San Francisco, California extension to divest certain property.
Granted, November 5, 1992.

Atlanta

Colonial Bancgroup, Inc., Montgomery, Alabama —
extension to February 7, 1993, to merge Home
Federal with Colonial Bank.
Granted, November 5, 1992.

Chicago

First Financial Corporation, Terre Haute, Indiana —
extension to February 2, 1993, to acquire First
Citizens of Paris, Inc., Paris, Illinois, and The
Citizens National Bank of Paris.
Granted, November 2, 1992.

Kansas City

FirstBank Holding Company of Colorado Employee Stock
Ownership Plan, Lakewood, Colorado — extension to
February 25, 1993, to acquire FirstBank Holding
Company of Colorado.
Granted, November 4, 1992.

Chicago

Old Kent Financial Corporation, Grand Rapids,
Michigan — extension to January 29, 1993, to
engage de novo in community development activities
by investing in low income housing through Grand
Rapids Hope Limited Partnership and Mount Mercy
Limited Partnership.
Granted, November 3, 1992.

San Francisco

U.S. Bancorp, Portland, Oregon —
divest certain properties.
Granted, November 2, 1992.

extensions to

H.2
NOVEMBER 2, 1992
PAGE 12

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NOVEMBER 6, 1992

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

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Dallas — to offer a city
premium product at all four Eleventh District
offices.
Approved, November 2, 1992.

Director, FRBO

Federal Reserve Bank of New York — Buffalo Branch to
implement a Canadian check clearing service through
the Helena Branch of the Federal Reserve Bank of
Minneapolis.
Approved, November 6, 1992.

H.2
NOVEMBER 2, 1992
PAGE 13

ADDITIONS AND CORRECTIONS
TO

NOVEMBER 6, 1992

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

RESERVE BANK SERVICES
Federal Reserve priced services —
1993 (Docket R-0779).
Approved, October 28, 1992.

fee schedules for

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

BANK BRANCHES, DOMESTIC
Philadelphia

Johnstown Bank & Trust Company, Johnstown,
Pennsylvania — to establish a branch at
500 Industrial Park Road.
Approved, October 30, 1992.

BANK HOLDING COMPANIES
Secretary

SouthTrust Corporation, Birmingham, Alabama, and
SouthTrust of Florida, Inc., Jacksonville,
Florida — proposal that SouthTrust Bank of West
Florida, St. Petersburg, Florida, acquire the
assets and assume the liabilities of Colony Bank,
Clearwater, Florida.
Approved, October 30, 1992.

BANK MERGERS
Secretary

SouthTrust Bank of West Florida, St. Petersburg,
Florida, to merge with Colony Bank, Clearwater,
Florida, and establish a branch at 1465 South Fort
Harrison Street.
Approved, October 30, 1992.

BANK PREMISES




Secretary

SouthTrust Bank of West Florida, St. Petersburg,
Florida — investment in bank premises.
Approved, October 30, 1992.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY

Comment Period Ending Date

Application
NONE

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

Application

Comment Period Ending Date
NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY

Application

Comment Period Ending Date

NONE

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

Application
NONE

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory;
Needs to Improve; "SN" - Substantial Noncompliance.
Institution




Examination Date

NONE

"N" -

Rating*

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
VSB Bancorp, Inc., Closter, New Jersey, to become a bank
holding company with respect to Valley Savings Bank, Closter,
New Jersey.1/

11/20/92 2/

KeyCorp and Key Bancshares of New York, both of Albany,
New York to acquire National Savings Bank of Albany, Albany,
New York.l

11/20/92 2/

SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
U.S. Trust Corporation, New York, New York to acquire
Campbell, Cowperthwaite & Co. Inc., New York, New York
and engage in investment advisory activities.

11/27/92

Credit Lyonnais, Paris, France, to engage de novo through
its subsidiary, C.L. Servicing Corporation, New York,
New York, in acting as a servicing agent for one or more
special purpose vehicles (the "SPVS") owned by independent
parties.
The SPVS will purchase assets from customers of
Credit Lyonnais and make loans to customers of Credit
Lyonnais secured by assets pledged by such customers.
The
SPVS will finance such purchases and loans by issuing
commercial paper and possible other securities.
In its
capacity as servicing agent, the subsidiary will provide
services in connection with the structuring and negotiation
of loan and purchase transactions. The subsidiary will
also provide services in connection with the administration
and monitoring of the asset purchase and loan agreements
and the liquidity and credit facilities supporting the
obligations of the SPVS.

11/27/92




Skandinaviska Enskilda Banken, Stockholm, Sweden to acquire
indirectly through its subsidiary, FinansSkandic, New York,
New York, 100 percent of the shares of Actium Leasing
Corporation and Kadesh Leasing Corporation, indirect
subsidiaries of Bank of America, N.T. and S.A.,
San Francisco, California, and thereby engage in leasing
activities.
The Toronto-Dominion Bank, Toronto, Canada, to engage
de novo through Toronto Dominion Securities (USA) Inc.
,
New York, New York, in providing foreign exchange advisory
and transactional services.
Westdeutsche Landesbank Gironzentrale, Dusseldorf, Federal
Republic of Germany, to acquire all of the voting shares of
Thomas Cook Inc., New York, New York, and thereby engage
indirectly in (1) issuing, selling, and redeeming of U.S.
dollar- and foreign currency-denominated travelers checks,
money orders and other consumer instruments with a face
value of $1,000, (2) selling U.S. dollar- and foreign
currency-denominated payment instruments and wires, (3)
certain foreign exchange activities with respect foreign
currency and related forward transactions for customers
and certain transactions involving swaps, forwards, options,
and futures for purposes of hedging its own account, (4)
purchasing and selling precious metals for customers and for
purposes of hedging its own account, and (5) data processing
and incidental activities related to the proposed activities.

11/27/92

11/27/92

11/20/92

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 7. 1992
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Comment Period Ending Date
Meridian Bank, Reading, PA requests approval
to establish a remote service facility at
Acme Market, DeKalb Pike, King of Prussia,
PA, pursuant to Section 9 of the F.R.
Act.
(To be accepted for Board Action
due to the protest received on the
application by Meridian Bancorp to
acquire 100% of Meridian Bank, New Jersey,
Cherry Hill, New Jersey (in organization),
pursuant to Section 3(a)(3) of the BHCA.)

12/2/92

Meridian Bank, Reading, PA requests approval
to establish a remote service facility at
SuperFresh Supermarket, The Marketplace at
Huntingdon Valley, 2100-10 County Line Road,
Huntingdon Valley, PA, pursuant to Section
9 of the F.R. Act. (To be accepted for Board Action)

12/2/92

Meridian Bank, Reading, PA requests approval
to establish a remote service facility at
SuperFresh Supermarket, 863 East Baltimore
Pike, Kennett Square, PA, pursuant to Section
9 of the F.R. Act. (To be accepted for Board Action)

12/2/92

Meridian Bank. Reading, PA requests
approval to establish a remote service
facility at ShopRite Supermarket, 29
Snyder Avenue, Philadelphia, PA,
pursuant to Section 9 of the F.R.
Act.
(To be accepted for Board Action)

12/2/92

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

Comment Period Ending Date
NONE.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

Comment Period Ending Date
NONE.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE.
1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.



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 6, 1992

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




Examination Date
None •

CRA Rating

Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending November 7, 1992
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
Received OAKAR application from Fifth Third
* December 5, 1992
Bancorp, Cincinnati, Ohio, on November 2,
1992, to acquire the assets of and assume
the liabilities of the Oxford, Chillicothe,
and Fremont, Ohio, branch office of Home Savings
of America, FSB, Irwindale, California.
Received application from The Fifth Third Bank, * December 5, 1992
Cicinnati, Ohio, to merge with the
Chillicothe, Ohio, branch office of Home Savings
of America, FSB, Irwindale, California, pursuant
to Section 18(c) of the Federal Deposit Insurance
Act.
Received application from Equibank, Pittsburgh,
November 27, 1992
Pennsylvania, on October 22, 1992, for permission
to become a member of the Federal Reserve System.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received notice from Society Corporation
Employee Stock Ownership Plan on October 21,
1992, of its intent to acquire up to 10.32
percent of the voting shares of Society
Corporation, Cleveland, Ohio.

F: November 19, 1992

Received application from Banc One
COMMENT PERIOD EXTENDED
Corporation, and Banc One Alpha
Corporation, both of Columbus, Ohio,
UNTIL NOVEMBER 20, 1992
on September 28, 1992, to acquire
Valley National Corporation, Phoenix,
Arizona, pursuant to Section 3 of the Bank
Holding Company Act.

*
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 Week Ending November 7, 1992
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY

Received application from Banc One
COMMENT PERIOD EXTENDED
Corporation and Banc One Alpha
UNTIL NOVEMBER 20, 1992
Corporation, both of Columbus, Ohio,
to acquire Concho Insurance Agency,
Inc., and VNC Investment Corporation,
both of Phoenix, Arizona, pursuant to Section
4( c ) (8) of the Bank Holding Company Act.
Received Section 4 ( c ) (8) application from
Not Yet Known #
Huntington Bancshares Incorporated,
Columbus, Ohio, on October 13, 1992, to
expand the scope of the activities of its
wholly-owned subsidiary, The Huntington Company,
to include private placement and riskless
principal activities; underwriting and dealing
in bank-ineligible securities; and providing
securities brokerage and investment and financial
advisory services, underwriting and dealing in
governmental obligations and money market instruments.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER NOTICE
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.




AVAILABILITY OP CRA PUBLIC EVALUATIONS
(November 6, 1992)
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 6,
1992.
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.
NEEDS TO IMPROVE:
a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
The Citizens Savings Bank Co.
132 East Front Street
Pemberville, Ohio 43450
(419) 287-3211
Rating:
Satisfactory
Exam Date: August 17, 1992




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Citizens Bank of Virginia, Arlington,
Virginia, to establish a branch at
3829 S. George Mason Drive, Falls
Church, Virginia.**

11-29-92

First Virginia Bank - Colonial, Richmond,
Virginia, to establish an Electronic Funds
Transfer Facility in Chesterfield Towne
Center, 11500 Midlothian Turnpike, Richmond,
Virginia.*

11-30-92

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

Comment Period Ending Date

Mountaineer Bankshares of W. Va . , Inc.,
Martinsburg, West Virginia, to acquire
Sunrise Bancorp, Inc., Wheeling, West
Virginia.*

11-29-92

Commerce Banc Corporation, Charleston, West
Virginia, to acquire 7.68% of the shares of
First National Bank, Beckley, West Virginia.*

11-30-92

First Union Corporation, Charlotte, North
Carolina, to acquire Dominion Bankshares
Corporation, Roanoke, Virginia.*
Notice of Change in Control with respect
to FWB Bancorporation, Rockville, Maryland.*

12-3-92

Not yet available.

Section III - Applications Subject to Federal Register Notice
Application
First Union Corporation, Charlotte, North
Carolina, to acquire PSFS Thrift Holding
Company, Philadelphia, Pennsylvania, and
its subsidiary, Meritor Savings, F.A.,
Winter Haven, Florida.*

Comment Period Ending Date

11-19-92

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



Federal Reserve Bank of Richmond

Section III - Applications Subject to Federal Register Notice--contd.
Application

Comment Period Ending Date

Crestar Financial Corporation, Richmond,
Virginia, to engage in full-service
brokerage activities.

Not yet available.

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




Comment Period Ending Date

Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending November 6, 1992

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

None.




Rating

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 6. 1992

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

AmSouth Bancorporation
Not yet available*
Birmingham, Alabama
Along with AmSouth Bank, N.A., Birmingham,
Alabama, to acquire certain assets and
assume certain liabilities of five branches
of Secor Bank, FSB, Birmingham, Alabama,
pursuant to Section 5 ( d ) (3) of the Federal
Deposit Insurance Act, as amended by the
Federal Deposit Insurance Corporation Act
of 1991.
The branches are as follows:
701 Forest Avenue, Gadsden, Alabama; 2218
Danville Road, SW, Decatur, Alabama; 304
South Pine, Florence, Alabama; 2708 Hough
Road, Florence, Alabama, and 404 Avalon Avenue,
Muscle Shoals, Alabama.
Barnett Bank of Hillsborough County
Not yet available*
Tampa, Florida
To become a member of the Federal Reserve
System, pursuant to Section 9 of the Federal
Reserve Act and Section 208.4 of Regulation H.
Barnett Bank of Hillsborough County
Not yet available*
Tampa, Florida
To merge with First Florida Bank, Tampa,
Florida (subsequent to its conversion from a
national bank to a state member bank), pursuant
to Section 18(c) of the Federal Deposit
Insurance Act.
First Florida Bank, N.A.
Not yet available*
Tampa, Florida
To become a member of the Federal Reserve
System, pursuant to Section 9 of the Federal
Reserve Act and Section 208.4 of Regulation H.

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 6. 1992

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

First Florida Bank
Tampa, Florida
Subsequent to its conversion from a
national bank to a state member bank,
to merge with Barnett Bank of Tampa,
N.A., Tampa, Florida, pursuant to Section
18(c) of the Federal Deposit Insurance Act.

Not yet available*

Alerion Bank
Not yet available*
New Orleans, Louisiana
To establish a branch located at 200 Veterans
Memorial Boulevard, Metairie, Louisiana, to
be known as the Veterans/Delchamps Branch.
AmSouth Bancorporation
Birmingham, Alabama
To acquire the Summerville, Georgia branch
of First Federal Bank, FSB, Chattanooga,
Tennessee, pursuant to Section 5(d)(3) of the
Federal Deposit Insurance Act, as amended by
the Federal Deposit Insurance Corporation Act
of 1991.

10-03-92*

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

Application

Comment Period Ending Date

None.

♦Subject to Provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 6. 1992
Section 3 - Applications Subject to Federal
•
Register Notice OnlyApplication

Comment Period Ending Date

AmSouth Bancorporation
Birmingham, Alabama
To engage de novo in making equity and
debt investments in community development
projects, pursuant to Section 225.25(b)(6)
of Regulation Y.

Not yet available

First Alabama Bancshares, Inc.
Mont gome r y , A1abama
To acquire Security Federal Savings and
Loan Association of Nashville, Nashville,
Tennessee, pursuant to Section 4( c ) (8) of
the Bank Holding Company Act.
Peoples Financial Services, Inc.
Cookeville, Tennessee
To acquire Citizens Federal Savings Bank,
Rockwood, Tennessee, pursuant to Section
4(c) (8) of the Bank Holding Company Act.

11-23-92

Not yet available

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Central Bancshares of the South, Inc.
Birmingham, Alabama
Application Waiver request, under Section
3(a) (5) of the Bank Holding Company Act,
related to the acquisition of FWNB Bancshares,
Inc., Plano, Texas, and its wholly-owned
subsidiary, First Western National Bank,
Carrollton, Texas, by Central Bancshares' direct
and indirect bank holding company subsidiaries,
Compass Bancshares, Inc., Houston, Texas, and
River Oaks Bancorporation, Wilmington, Delaware.
United Bank Corporation
Griffin, Georgia
An after-the-fact Commitment modification request.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending November 6. 1992

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week. Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs:
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs:
An
institution has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs:
An
institution needs to improve its overall record of ascertaining and
helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs:
An
institution has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank

Rating

Indian Rocks State Bank
Satisfactory
Post Office Box 7
Indian Rocks Beach, Florida 34635
(813) 596-9990




Date
09-14-92

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

Type

Application

Branch

Harbor Springs State Bank
Harbor Springs, Michigan
2201 E. Mitchell Street
Petoskey, Michigan*

N

Branch

Harbor Springs State Bank
Harbor Springs, Michigan
330 E. Mitchell Street
Petoskey, Michigan*

N

Branch

Harris Bank of St. Charles
St. Charles, Illinois
4 contractual branches at
Harris Bank Argo
Summit, Illinois
1 contractual branch at
Harris Bank Barrington, N.A.
Barrington, Illinois
1 contractual branch at
Harris Bank Wilmette, N.A.
Wilmette, Illinois
2 contractual branch at
Harris Bank Winnetka, N.A.
Winnetka, Illinois
2 contractual branches at
Harris Bank Frankfort
Frankfort, Illinois
2 contractual branches at
Harris Bank Hinsdale, N.A.
Hinsdale, Illinois
2 contractual branches at
Harris Bank Glencoe-Northbrook, N.A.
Glencoe, Illinois
3 contractual branches at
Harris Bank Libertyville
Libertyville, Illinois*

N




- 11-13-92

Federal Reserve Bank of Chicago
Section I

-

Applications Subject to Newspaper
Notice Only
fContinued
Comment Period
Ending Date

Type

Application

Branch

Omnibank
River Rouge, Michigan
Intersection of Woodward & Manchester
Highland Park, Michigan*

N

- 11-13-92

Branch

Lake Forest Bank and Trust Company
Lake Forest, Illinois
Corner of Bank Lane & Wisconsin Avenue
Lake Forest, Illinois*

N

- 11-22-92

Oakar

First of America Bank Corporation
N - 11-19-92
Kalamazoo, Michigan
Champion Federal Savings and Loan Association
Bloomington, Illinois
First of America Bank-McLean County,
National Association
Bloomington, Illinois*

Oakar

ABN AMRO Bank, N.V,
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

ABN AMRO North America, Inc.
Chicago, Illinois
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

ABN/AMRO Holding, N.V.
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

LaSalle National Corporation
Chicago, Illinois
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **




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

Type

Application

Oakar

Stichting Administratiekantoor
ABN AMRO Holding
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR - **
N - **

Oakar

Stichting Prioriteit ABN AMRO Holding
Amsterdam, The Netherlands
LaSalle Talman Bank, F.S.B.
Chicago, Illinois*

FR
N

Membership

Farmers Bank & Trust (formerly The Farmers
National Bank of Webster City)
Webster City, Iowa
To become a member of the Federal
Reserve System*

N

- **

EFT

The Onsted State Bank
Onsted, Michigan
102 N. Main Street
Brooklyn, Michigan*

N

- 11-15-92

Membership

Community Bank of Elmhurst
Elmhurst, Illinois (in organization)
To become a member of the Federal
Reserve System*

N

- **

Oakar

Royal Bancshares, Inc.
Elroy, Wisconsin
Hillsboro Branch of AnchorBank, S.S.B.
Hillsboro, Wisconsin*

N

- **




Federal Reserve Bank of Chicago
Section II

-

Applications Subject to Both Newspape:
Register Notice

and Federal
Comment Period
Ending Date

Type

Application

Y-2

Comerica Incorporated
Detroit, Michigan
Sugar Creek National Bank
Sugar Land, Texas*

FR - 11-2-92
N - 10-30-92

CoC-HC

Peoples Mid-Illinois Corporation
Bloomington, Illinois
George Parker Kemp

FR - 11-4-92
N - 10-28-92

Y-l

SC Bancorp, Inc.
Worth, Illinois
The Sun City Bank
Sun City, Arizona*

FR - 11-6-92
N - 11-20-92

Y-2

Southwest Bancorp, Inc.
Worth, Illinois
SC Bancorp, Inc «
Worth, Illinois
The Sun City Bank
Sun City, Arizona*

FR - 11-6-92
N - 11-20-92

Y-2

Gibson Investment Company
Gibson, Iowa
Wingo, Ltd.
Brooklyn, Iowa
Poweshiek County Savings Bank
Brooklyn, Iowa*

FR - 11-20-92
N - 11-23-92

CoC-HC

Wingo, Ltd.
Brooklin, Iowa
Roll in R. Harder

FR - 11-17-92
N - 11-11-92

Y-2

First Busey Corporation
Urbana, Illinois
Empire Capital Corporation
LeRoy, Illinois
LeRoy State Bank
LeRoy, Illinois*

FR - 11-27-92
N - 11-16-92

Y-l

Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois*

FR - **
N - **




Federal Reserve Bank of Chicago

Tvoe

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

Y-2

Illinois State Bancorp, Inc.
Wheaton, Illinois
Bourbonnais Bancorp, Inc.
Wheaton, Illinois
Bank of Bourbonnais
Bourbonnais, Illinois
Presidential Holdings, Inc.
Bourbonnais, Illinois*

FR - **
N - **

Y-l

GFH Corp.
Elmhurst, Illinois
Community Bank of Elmhurst
Elmhurst, Illinois (in organization)*

FR - **
N - **




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

Application

Y-4

Old Kent Financial Corporation
Grand Rapids, Michigan
Old Kent Brokerage Services, Inc.
Grand Rapids, Michigan

Comment Period
Ending Date
FR - 11-6-92

Y-4

Henry County Bancorp,
Inc.
FR - 11-2-92
Cambridge, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Iroquois Bancorp, Inc.
FR - 11-2-92
Gilman, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Minooka Bancorp, Inc.
FR - 11-2-92
Minooka, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Peotone Bancorp, Inc.
FR - 11-2-92
Peotone, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Rock River Bancorporation
FR - 11-2-92
Oregon, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Southwest Bancorp, Inc.
FR - 11-2-92
Worth, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Terrapin Bancorp, Inc.
FR - 11-2-92
Elizabeth, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois

Y-4

Westbanco, Inc.
FR - 11-2-92
Westville, Illinois
Arizona Reconstruction Finance Company, L.L.C.
Worth, Illinois




Federal Reserve Bank of Chicago
Section III

-

Applications Subject to Federal Register
Notice Only
(Continued )
Comment Period
Ending Date

Type

Application

4(c)(8)

Comerica Incorporated
Detroit, Michigan
William Street Apartments Limited
Partnership
Ann Arbor, Michigan

FR - 11-19-92

4(c)(8)

Irwin Financial Corporation
Columbus, Indiana
Irwin Union Securities, Inc.
Columbus, Indiana

FR - 11-27-92

4(c)(8)

Edgemark Financial Corporation
Chicago, Illinois
Edgemark Financial Services, Inc.
Countryside, Illinois

FR - 11-6-92

Y-4

FBOP Corporation
Oak Park, Illinois
Fairfield Financial Corporation
Oak Park, Illinois

FR - 11-20-92

Y-4

First Michigan Bank Corporation
Holland, Michigan
FMB-Brokerage Services, Inc.
Holland, Michigan

FR - **

Y-4

Cole-Taylor Financial Group, Inc.
Chicago, Illinois
Centre Capital Funding Corp.
Evanston, Illinois

FR - **

Y-4

Northern Trust Corporation
Chicago, Illinois
Northern Futures Corporation
Chicago, Illinois

FR - **

4(c)(8)

Citizens Financial Corporation
FR - **
Fort Atkinson, Wisconsin
To purchase loan participation certificates
from their subsidiary




Federal Reserve Bank of Chicago
Section III

-

Applications Subject to Federal Register
Notice Only
lContinued)
Comment Period
Ending Date

Type

Application

4(c)(8)

Cole-Taylor Financial Group, Inc.
Northbrook, Illinois
Cole Taylor Life Insurance Company, Inc.
Wheeling, Illinois

FR -

4(c) (8)

Cole-Taylor Financial Group, Inc.
Northbrook, Illinois
Cole Taylor Finance Company, Inc.
Wheeling, Illinois

FR - **

4(c)(8)

Denmark Bancshares, Inc.
Denmark, Wisconsin
L. McDonald Insurance Agency, Inc.
Denmark, Wisconsin

FR - **

4(c)(8)

Marshall & Ilsley Corporation
Milwaukee, Wisconsin
M&I Capital Markets Group, Inc.
Milwaukee, Wisconsin

FR - **

4(c)(8)

Citizens Bankshares, Inc.
Shawano, Wisconsin
Wisconsin Finance Corporation
Shawano, Wisconsin

FR - **

Y-4

Merchants and Manufacturers Bancorporation,
Inc.
Greendale, Wisconsin
Lincoln Savings Bank, S.A.
Milwaukee, Wisconsin

FR




* *

Federal Reserve Bank of Chicago
Section IV

-

Applications Not Subject to Federal Register or Newspaper
Notice

Type

Application

RoS

Wingo, Ltd.
Brooklyn, Iowa
To redeem 10,469 shares of common stock

N
FR
*
**

-

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




A VA ILA B ILITY 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-business day period the bank has
to make the evaluation public has lapsed during the week ending November 06,
1992. 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,
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.
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 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.
SN-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

BANK NAME/LOCATION

RATINGS

-The Kingston State Bank
5854 State Street
Kingston, Michigan
48741
(517) 683-2287

7/27/92

S

-Green Lake State Bank
515 Hill Street
Green Lake, Wisconsin
(414) 294-339

7/27/92

S

8/03/92

S

8/10/92

S

54941

-The First State Bank
101 West Center Street
Bourbon, Indiana
46504
(219) 342-2415
The Commercial Trust & Savings Bank
600 Lake Avenue, Drawer 578
Storm Lake, Iowa
50588
(712) 732-2190




Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING NOVEMBER 6, 1992

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End of Comment Period

* Section 18(c) application by UniSouth Banking
Corporation, Columbus, Mississippi to merge with
UniSouth Interim Banking Corporation, Columbus,
Mississippi

10-23-92

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

End of Comment Period

* Section 3(a)(3) application by GAB Bancorp, Jasper,
Indiana to acquire Unibancorp, Loogootee, Indiana

Newspaper: 11-30-92

* Section 3(a)(1) application by UniSouth Capital
Corporation, Columbus, Mississippi to acquire
UniSouth Banking Corporation, Columbus, Mississippi

Not yet available

Change in control notification involving Poplar
Bluff Bancshares, Inc., Poplar Bluff, Missouri by
Norma Lee McLane

Federal Register: 11-30-92

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End of Comment Period

None.

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

*

This application is subject to CRA.




FEDERAL RESERVE BANK OF MINNEAPOLIS

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

Apdication
None.

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
ApDlication
Citizens Bancshares of Woodville, Inc.
Woodville, WI
To acquire, via merger, 100% of
Elmwood Financial Services, Inc.,
Elmwood, WI*

Comment Period
Ending Date
11-27-92
(Federal Register)

Philip A. Keithahn
To increase his ownership interest
to 29.84% of Gaylord Bancorporation,
Ltd., Gaylord, MN*

11-23-92
(Newspaper)

First National Bank of Sauk Centre
Retirement Savings Plan and Trust
Sauk Centre, MN
To increase its ownership interest
from 25.15% to 27.94% of Sauk Centre
Financial Services, Inc., Sauk Centre,
MN*

11-30-92
(Newspaper)

Charles Wangensteen
To increase his control from 9.99% to
10.00% of Chisholm Bancshares, Inc.,
Chisholm, MN*

Not yet available

First Wilton Bancshares, Ltd.
Wilton, ND
To acquire 88% of the voting shares of
First State Bank of Wilton, Wilton, ND*

Not yet available

Paul A. Sabatine
To increase his ownership interest from
9.22% to 10.16% of Superior Financial
Corporation, Sault Ste. Marie, MI*

11-19-92
(Federal Register)

♦Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice (Continued)
Comment Period
Ending Date

Application
Charles R. Celania, Harold R. Wanke,
and Otto Baltrusch
To increase their combined ownership
from 13.96% to 25.17% of the First
Security Bank of Havre, Havre, MT*

Not yet available

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

Application
Wishek Bancorporation, Inc.
Wishek, ND
To engage de novo in making and
servicing loans.

11-23-92

Marquette Bancshares, Inc.
Mpls, MN
To engage de novo in furnishing
employee benefit services to
third parties.

Not yet available

Ormsby Bancshares, Inc.
Ormsby, MN
To engage de novo in making and
servicing loans.

Not yet available

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Superior Financial Corporation
Sault Ste. Marie, MI
To redeem 9.22% of its voting shares.
Sauk Centre Financial Services, Inc.
Sauk Centre, MN
To redeem 10% of its voting shares.
♦Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending November 6, 1992

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 lowand 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
1st United Bank
of Sidney
120 Second Avenue NW
P. 0. Box 1448
Sidney, MT 59270
(406) 482-3212




DATE OF EXAMINATION
July 27, 1992

CRA RATING
Satisfactory

Federal Reserve Bank of Kansas City

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

First United Bank, Aurora, Colorado,
for prior approval to establish a
branch in Parker, Colorado.

Not Available

Citizens National Bank & Trust of
Muskogee, Muskogee, Oklahoma, for
prior approval for membership in the
Federal Reserve System.

Not Available

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

COMMENT PERIOD ENDING DATE

Jerome N. Heim, Hoxie, Kansas, for
prior approval to increase ownership
2.54 percent to 27.50 percent, Jon W.
Pope and Lois A. Madison, Hoxie,
Kansas, for prior approval to acquire
41.49 percent of the voting shares in
Northwest Bancshares, Inc., Rexford,
Kansas.

Not Available

Fourth Financial Corporation,
Wichita, Kansas, for prior approval
to acquire 100 percent of the voting
shares of Southgate Banking
Corporation, Prairie Village,
Kansas.*

Not Available

FirstBank Holding Company Employee
Stock Ownership Plan, Lakewood,
Colorado, for prior approval to
acquire 100 percent of the voting
shares of FirstBank Holding Company
of California, Lakewood, Colorado.*

Not Available

FirstBank Holding Company of
Colorado, Lakewood, Colorado, for
prior approval to acquire 100 percent
of the voting shares of FirstBank
Holding Company of California,
Lakewood, Colorado.*

Not Available

Omnibancorp, Denver, Colorado, for
prior approval to acquire 100 percent
of the common stock of Met-State
Corporation, Kansas City, Missouri.*

Not Available




Federal Reserve Bank of Kansas City

James F. O'Neal, Lamar, Missouri, for
prior approval to increase ownership
interest in Lamar Trust Bancshares
Company, Lamar, Missouri, by 27.82
percent to 51.71 percent.

Not Available

Judy Svajgr, Christopher Smith, and
Virginia M. Olson, all of Cozad,
Nebraska, for prior approval to
increase their proportionate
ownership interest in Midwest Banco
Corporation, Cozad, Nebraska, by
16.67 percent to 33.33 percent.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
Fourth Financial Corporation,
Wichita, Kansas, for prior approval
to acquire and merge with Southgate
Banking Corporation, Prairie Village,
Kansas.

COMMENT PERIOD ENDING DATE
Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Northwest Bancshares, Inc., Rexford,
Kansas, for prior approval to redeem
64,730 shares of its own voting
common stock.

Not Available

Midwest Banco
Nebraska, for
redeem 57,726
voting common

Not Available




Corporation, Cozad,
prior approval to
shares of its own
stock.

Federal Reserve Bank of Kansas City

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome 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 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
None.

Exam Date

*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 2, 1992

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
Randy L. Ewing, Quitman, LA; John C. Shealy;
David G. Darland; and Joe C. Mitcham, Jr., Ruston, LA,
to acquire an interest in American National Bancshares,
Inc., Ruston, LA
(Previously reported during the week of 10-12-92)

92/11/03

Change in Control Notice by
David M. Cox, Ennis, TX, to acquire an interest in
First National Bancorporation of Ennis, Inc., Ennis, TX

N/A

Change in Control Notice by
Fred Ronnie Myrick, Monroe, LA, to acquire an interest in
First Capital Bancorp, Inc., Delhi, LA

N/A

*Section 3(a)(1) application by
The Country Bancshares, Inc., Charlotte. TX, to acquire
The Country Bank, Charlotte, TX

92/10/16

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION




NOTICE EXP

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Notice by Lamar Bancorporation, Inc., Paris, TX,
to redeem 543,472 shares of its preferred stock
(Filed 10-29-92)*

* 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 2, 1992

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
lowand
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

Alief Alamo Bank
12300 Bellaire Blvd
P. 0. Box 721680
Houston, TX 77272

92/08/03

Satisfactory

Wellington State Bank
1000 Eighth St.
P. 0. Box 1032
Wellington, TX 79095

92/07/27

Satisfactory




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 11/06/92

Section I - Applications Sub.iect to Newspaper Notice Only
A d d Iication

Comment Period

Ending Date

None

Section II - Ad d Iications Sub.iect to Both
NewsDaDer and Federal Register Notice

Ending Date

A d d I ication

Comment Period

First Community Financial Group, Lacey,
Washington, to acquire Citizens First Bank,
Elma, Washington. *

NewsDaDer:

11/27/92

Fed. Reg.:

11/30/92

Richard Demerjian, Montebello, California, to
retroactively acquire an additional .2 percent
of Combancorp, Montebello, Calfornia, which
will increase his ownership to 10.01 percent.

NewsDaDer:

11/18/92

Fed. Reg.:

11/23/92

Section III - Applications Sub.iect to Federal Register Notice Only
A d d I ication

Comment Period

Ending Date

None

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

*

Subject to CRA




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)

Week ending 11/06/92

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week
ending November 6, 1992. Information about a particular institution’s CRA evaluation may
be obtained directly from the institution.
Institution

Location

Verdugo Banking Company

500 North Brand Blvd.
Glendale, CA 91203
Tel: (818) 549-1000

07/20/92

Needs to Improve

Garfield Bank

2417 W. Whittier Blvd.
Montebello, CA 90640
Tel: (213) 726-1411

07/27/92

Satisfactory

Examination Date

Rating*

* Under the rating system an institution’s CRA performance is assigned one of the
following four ratings:
Outstanding record of meeting community credit needs: An institution has an outstanding
record of, and is a leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs: An institution has a satisfactory
record of ascertaining and meeting the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Needs to improve record of meeting community credit needs: An institution needs to
improve its overall record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncomoliance in meeting community credit needs: An institution has a
substantially deficient record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Francisco, and is not intended to replace formal notices required by
statute or regulation; the Reserve Bank assumes no responsibility for errors




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