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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1996, No. 41
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending October 12, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Nacogdoches Commercial Bancshares, Inc., Nacogdoches,
Texas - - t o acquire Security National Bank.
Approved, October 9, 1996.
Provident Bancorp, Inc., Cincinnati, Ohio -- request
for modification of certain commitments regarding
relationships between American Financial Group,
Inc. and Provident.
,
Granted, October 11, 1996.
BANKS. FOREIGN
Banca di Roma S.p.A., Rome, Italy - - t o establish
branches in New York, New York, and Chicago,
Illinois, and agencies in San Francisco,
California, and Houston, Texas.
Approved, October 9, 1996.
Unibanco-Uniao de Bancos Brasileiros, S.A., Sao
Paulo, Brazil -- to establish a representative
office in Miami, Florida.
Approved, October 9, 1996.
ENFORCEMENT




Citizens Bank, Lawton, Oklahoma, BankSouth
Corporation; and First Chattanooga Corporation
written agreements dated August 27, 1992,
terminated October 4, 1996.
Announced, October 9, 1996.
First FSB Bancshares, Inc., Mt. Calm, Texas -written agreement dated February 18, 1994,
terminated August 23, 1996.
Announced, October 9, 1996.
First Security Banshares, Inc., Lake Park, Iowa written agreement dated January 23, 1995,
terminated September 26, 1996.
Announced, October 9, 1996.
Liberty Agency, Inc., Kirk, Colorado -- written
agreement dated November 18, 1933, terminated
August 13, 1996.
Announced, October 9, 1996.

H.2
OCTOBER 6, 1996
PAGE 2

TO

OCTOBER 11, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

INTERNATIONAL OPERATIONS
Comerica Bank-Ann Arbor, N.A., Ann Arbor, Michigan to establish Munder UK, L.L.C., and for Munder UK
to acquire shares of Framlington Holdings Limited,
London, England.
Approved, October 9, 1996.
Republic National Bank of New York, New York, New
York - - t o establish a branch in Taipei, Taiwan.
Permitted, October 11, 1996.

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




Secretary

AmSouth Bank of Alabama, Birmingham, Alabama - - t o
establish a branch at 1882 East Main Street,
Prattville, Alabama.
Approved, October 10, 1996.

New York

Chase Manhattan Bank, New York, New York -- to
establish an offsite electronic facility at
International Business Machines, 500 Mamaroneck
Avenue, Harrison, New York.
Approved, October 10, 1996.

St. Louis

FirstBank, Creve Coeur, Missouri - - t o establish a
branch at 6211 Mid Rivers Mall Drive, St. Peters,
Missouri.
Approved, October 7, 1996.

Chicago

Harris Trust and Savings Bank, Chicago, Illinois -to establish a branch at 4723 South Kedzie Avenue.
Approved, October 11, 1996.

H.2
OCTOBER 6, 1996
PAGE 3

TO

OCTOBER 11, 1996

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

BANK BRANCHES. DOMESTIC




New York

Manufacturers and Traders Trust Company, Buffalo, New
York - - t o establish branches at Tops Supermarket
Inc. at 2101 Elmwood Avenue; 3956 Vineyard Drive,
Dunkirk; and 2401 West State Street, Olean, New.
York.
Approved, October 11, 1996.

Chicago

Old Kent Bank, Grand Rapids, Michigan -- to establish
a branch at 20600 Eureka Road, Taylor, Michigan.
Approved, October 9, 1996.

New York

Orange County Trust Company, Middletown, New York -to establish a branch at Redner's Warehouse Market
in Playtogs Plaza, 156 Dolson Avenue.
Approved, October 11, 1996.

Chicago

Peoples Bank and Trust Company, Sunman, Indiana - - t o
establish a branch at 100 Sycamore Estate Drive,
Aurora, Indiana.
Approved, October 11, 1996.

San Francisco

Santa Barbara Bank and Trust, Santa Barbara,
California - - t o establish a branch at 789 South
Victoria Avenue, Ventura, California.
Approved, October 8, 1996.

New York

Summit Bank, Hackensack, New Jersey - - t o establish a
full service branch at Pathmark Supermarket at 651
North Stiles Street, Linden; and 10 South Avenue,
Garwood, New Jersey.
Approved, October 10, 1996.

H.2
OCTOBER 6, 1996
PAGE 4

TO

OCTOBER 11, 1996

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

BANK BRANCHES. DOMESTIC
Richmond

Triangle Bank, Raleigh, North Carolina - - t o
establish a branch at 1381 North Main Street,
Fuquay-Varina, North Carolina.
Approved, October 7, 1996.

Richmond

Triangle Bank, Raleigh, North Carolina - - t o
establish a branch at 6408 Falls of Neuse Road.
Approved, October 11, 1996.

Cleveland

Twin Valley Bank, West Alexandria, Ohio - - t o
establish a customer-bank communication terminal
branch at the northwest corner of 308 West Dayton
Street.
Approved, October 7, 1996.

Philadelphia

United Bank of Philadelphia, Philadelphia,
Pennsylvania -- to establish a branch in the ShopRite Supermarket at 100 East Olney Avenue.
Withdrawn, October 8, 1996.

BANK HOLDING COMPANIES




Chicago

Brunsville Bancorporation, Inc., Brunsville, Iowa -notification of intent to engage de novo in all
types of insurance activities.
Permitted, October 8, 1996.

Atlanta

Citizens Corporation, Franklin, Tennessee -- to
acquire Peoples State Bancshares, Inc., Grant,
Alabama, and Peoples State Bank.
Approved, October 11, 1996.

Atlanta

Citizens Corporation, Franklin, Tennessee, and the
Harrison Group, Inc. -- notification of intent to
engage directly in mortgage lending activities and
to engage in data processing activities through
Financial Data Technology Corporation.
Approved, October 11, 1996.

S t . Louis

Community Bank Shares of Indiana, Inc., New Albany,
Indiana - - t o acquire Community Bank of Southern
Indiana.
Approved, October 9, 1996.

H.2
OCTOBER 6, 1996
PAGE 5

TO

OCTOBER 11, 1996

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

BANK HOLDING COMPANIES




St. Louis

Country Bancorp, Inc., Hillsboro, Illinois -- to
acquire Keyesport Bancshares, Inc., Keyesport,
Illinois, and State Bank of Keyesport.
Withdrawn, October 9, 1996.

Dallas

Delaware International Bancshares, Inc., Dover,
Delaware - - t o acquire International Bank, Corpus
Christi, Texas.
Approved, October 11, 1996.

San Francisco

DH Technology, San Diego, California; We The People's
Federal Credit Union, San Leandro, California,
Trimble Navigation Limited, Sunnyvale, California,
and Pacific International Services Corporation,
Honolulu, Hawaii -- registration under
Regulation 6.
Withdrawn, October 8, 1996.

Atlanta

Farmers Bancshares, Inc., Cheneyville, Louisiana
to acquire Farmers Bank 8 Trust of Cheneyville.
Approved, October 6, 1996.

Dallas

First International Bancshares, Inc., Corpus Christi,
Texas -- to acquire Delaware International
Bancshares, Dover, Delaware, and International
Bank, Corpus Christi, Texas.
Approved, October 11, 1996.

Atlanta

Harrison Group, Inc., Franklin, Tennessee -- to
acquire Peoples State Bancshares, Inc., Grant,
Alabama, and Peoples State Bank.
Approved, October 11, 1996.

Chicago

Hometown Financial Group, Inc., Flanagan, Illinois -to acquire Flanagan State Bank.
Approved, October 7, 1996.

H.2
OCTOBER 6, 1996
PAGE 6

TO

OCTOBER 11, 1996

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

BANK HOLDING COMPANIES




Minneapolis

Jorgenson Holding Company, Kenmare, North Dakota -to acquire First National Bancshares, Inc.,
Willston, North Dakota.
Approved, October 11, 1996.

Chicago

Merrill Bancorporation, Inc., Merrill, Iowa -notification of intent to engage de novo in all
types of insurance activities.
Permitted, October 8, 1996.

Secretary

National City Corporation, Cleveland, Ohio, and
National City Mortgage Company, Miamisburg, Ohio -to acquire Muirfield Mortgage Limited Partnership,
Dallas, Texas, and engage in originating
residential mortgage loans.
Approved, October 11, 1996.

Chicago

Northern Trust Corporation, Chicago, Illinois -- to
acquire Metroplex Bancshares, Inc., Dallas, Texas,
Metroplex Delaware Corporation; and Bent Tree
National Bank.
Approved, October 11, 1996.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota, Norwest
Financial Services, Inc., Des Moines, Iowa, and
Norwest Financial, Inc. - - t o engage de novo in the
State of Maine in lending and credit-related
insurance activities, and management reporting and
data processing services.
Permitted, October 8, 1996.

Boston

Peoples Heritage Financial Group, Inc., Portland,
Maine -- notification of intent to acquire Family
Bancorp, Haverhill, Massachusetts, and the Family
Bank, FSB.
Permitted, October 11, 1996.

Boston

Royal Bank of Scotland PLC, Edinburgh, Scotland, The
Governors and Company of The Bank of Ireland,
Dublin, Ireland, and Financial Group, Providence,
Rhode Island -- to acquire Farmers 8 Mechanics
Bank, Middletown, Connecticut.
Approved, October 11, 1996.

H.2
OCTOBER 6, 1996
PAGE 7

TO

OCTOBER 11, 1996

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

BANK HOLDING COMPANIES




Secretary

South Trust Corporation, Birmingham, Alabama, and
SouthTrust of Florida, Inc., Jacksonville,
Florida - - t o acquire Preferred Bank, A Federal
Savings Bank, Palmetto, Florida, and engage in
operating a savings association.
Approved, October 9, 1996.

San Francisco

Starwood Lodging Corporation, Los Angeles,
California, and Starwood Lodging Trust
-- registration under Regulation G.
Approved, October 10, 1996.

New York

Sussex Bancorp, Franklin, New Jersey - - t o acquire
Sussex County State Bank.
Approved, October 11, 1996.

Director, BS&R

Trans Financial, Inc., Bowling Green, Kentucky -request for relief from commitment in connection
with approval to engage in full-service brokerage
activities through General Service Corporation,
Tullahoma, Tennessee, and Trans Financial Service
Corporation, Russellville, Kentucky.
Granted, October 10, 1996.

Chicago

Union-Calhoun Investment, Ltd., Rockwell City, Iowa
- notification of intent to purchase Wetter Tax
Services and thereby engage in tax preparation.
Permitted, October 11, 1996.

Secretary

Whitney Holding Corporation, New Orleans, Louisiana
- to merge with Liberty Holding Company, Pensacola
Florida, and acquire Whitney National Bank of
Florida.
Approved, October 7, 1996.

H.
2
OCTOBER 6, 1996
PAGE 8

TO

OCTOBER 11, 1996

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

BANK MERGERS
Secretary

Bank of New York, New York, New York - - t o purchase
substantially all the assets and liabilities of The
Bank of New York (NJ), West Paterson, New Jersey,
and to merge with The Putnam Trust Company,
Greenwich, Connecticut, and to establish branches
at branch locations operated by BNYNJ and Putnam.
Approved, October 7, 1996.

Richmond

First Virginia Bank-Colonial, Richmond, Virginia -to merge with First Virginia Bank-South Hill, South
Hill, Virginia.
Approved, October 10, 1996.

BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS
Director, BS&R

Magna Trust Company, Belleville, Illinois
registration as transfer agent.
Withdrawn, October 8, 1996.

CHANGE IN BANK CONTROL
Kansas City

First Norton Corporation, Norton, Kansas -- change in
bank control.
Permitted, October 7, 1996.

Philadelphia

Pocono Community Bank, Stroudsburg, Pennsylvania *
change in bank control.
Permitted, October 8, 1996.

New York

Sussex Bancorp, Franklin, New Jersey -- change in
bank control.
Permitted, October 11, 1996.

COMPETITIVE FACTORS REPORTS




Dallas

American National Bank of Texas, Terrell, Texas,
proposed acquisition of the assets and assumption
of the liabilities of two branches of Bank of
America, Texas, N.A., Irving, at 5809 Wesley
Street, Greenville; and 410 West North Commerce,
Wills Point, Texas -- report on competitive
factors.
Submitted, October 7, 1996.

H.2
OCTOBER 6 , 1996
'
PAGE 9

TO

OCTOBER 11, 1996

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

COMPETITIVE FACTORS REPORTS




Dallas

Austin Bank, Whitehouse, N.A. Whitehouse, Texas -proposed purchase of the assets and assumption of
the liabilities of the branch at 501 Highway 110
North from Bank of America, Texas, N.A., Irving,
Texas -- report on competitive factors.
Submitted, October 11, 1996.

Minneapolis

Bank Midwest, Minnesota Iowa, N.A., Fairmont,
Minnesota, proposed merger with Bank Midwest,
Minnesota Iowa, N.A., Jackson, Minnesota -- report
on competitive factors.
Submitted, October 10, 1996.

St. Louis

Bank of East Tennessee, Morristown, Tennessee,
proposed merger with Franklin Federal Savings
Bank -- report on competitive factors.
Submitted, October 8, 1996.

Cleveland

Bank One, Bloomington, N.A., Bloomington, Indiana,
Bank One, Lafayette, N.A., Lafayette; Bank One
Rensselaer, N.A., Rensselaer; Bank One
Crawfordsville, N.A., Crawfordsville; Bank One,
Merrillville, N.A., Merrillville; Bank One
Richmond, N.A., Richmond; and Bank One Marion,
N.A., Marion, Indiana, proposed merger with Bank
One, Indianapolis, N.A. Indianapolis, Indiana -report on competitive factors.
Submitted, October 11, 1996.

St. Louis

Carlinville National Bank, Carlinville, Illinois,
proposed purchase of the assets and assumption of
the liabilities of the Hillsboro, Illinois, branch
of First of America Bank-Illinois. National
Association, Hillsboro, Illinois -- report on
competitive factors.
Submitted, October 8, 1996.

H.2
OCTOBER 6, 1996
PAGE 10

TO

OCTOBER 11, 1996

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

COMPETITIVE FACTORS REPORTS




Richmond

First Citizens Bank and Trust Company of South
Carolina, Columbia, South Carolina, proposed
acquisition of the assets and assumption of the
liabilities of two Chester, South Carolina,
branches of First Union National Bank of South
Carolina, Greenville, South Carolina -- report on
competitive factors.
Submitted, October 10, 1996.

Dallas

First Heritage Bank, Pittsburg, Texas, proposed
merger with First Service Bank, Gladewater, Texas - report on competitive factors.
Submitted, October 7, 1996.

San Francisco

First National Bank of Arizona, Phoenix, Arizona,
proposed purchase of certain assets and assumption
of certain liabilities of four Arizona branches of
Home Savings Bank -- report on competitive factors.
Submitted, October 11, 1996.

Cleveland

First Southern National Bank of Fayette County,
Lexington, Kentucky, proposed purchase of the
assets and assumption of the liabilities of the
Nicholas, branch, of First Southern National Bank
of Jessamine, Nicholasville, Kentucky -- report on
competitive factors.
Submitted, October 11, 1996.

Dallas

First State Bank, Deleon, Texas, proposed merger with
First State Bank of Dublin, Dublin, Texas -- report
on competitive factors.
Submitted, October 9, 1996.

Minneapolis

First State Bank of LaMoure, LaMoure, North Dakota,
proposed merger with the State Bank of Marion,
Marion, North Dakota -- report on competitive
factors.
Submitted, October 7, 1996.

S t . Louis

Jacksonville Savings Bank, Jacksonville, Illinois,
proposed merger with Litchfield Community Savings
Bank, S.B., Litchfield, Illinois -- report on
competitive factors.
Submitted, October 8, 1996.

H.2
OCTOBER 6, 1996
PAGE 11

TO

OCTOBER 11, 1996

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

COMPETITIVE FACTORS REPORTS
Cleveland

Richland Trust Company, Mansfield, Ohio, proposed
purchase of assets and assumption of liabilities of
three offices in Mansfield, and two offices in
Shelby, Ohio of Peoples National Bank, Wooster,
Ohio -- report on competitive factors.
Submitted, October 11, 1996.

Philadelphia

Sovereign Bank, F.S.B., Wyomissing, Pennsylvania,
proposed merger with First DeWitt Bank, F.S.B.,
West Caldwell, New Jersey -- report on competitive
factors.
Submitted, October 8, 1996.

New York

Steuben Trust Company, Hornell, New York, proposed
acquisition of certain assets and assumption of
certain liabilities of five New York branches of
Key Bank of New York, Albany, New York -- report on
competitive factors.
Submitted, October 7, 1996.

EXTENSIONS OF TIME




San Francisco

Frontier Financial Corporation, Everett, Washington
-- extension to divest certain property.
Granted, October 8, 1996.

Dallas

Sundowner Bancshares, Inc., Wilmington, Delaware -extension to November 19, 1996, to acquire Sundown
State Bank, Sundown, Texas.
Granted, October 8, 1996.

Cleveland

Towne Bancorp, Inc., Perrysburg, Ohio -- extension to
January 10, 1997, to acquire Towne Bank.
Granted, October 10, 1996.

Cleveland

Towne Bank, Perrysburg, Ohio -- extension to
January 10, 1997, to become a member of the
Federal Reserve System.
Granted, October 10, 1996.

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
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

Institution

Examination Date

Rating**

NONE

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




FEDERAL RESERVE BANK OF NEW YORK
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
_____ Notice Only______
Solvay Bank, Solvay, N ew York, to establish a branch at 4131 W est
Genesee St., Cam illus, N ew York. 1 /

11/07/96

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
None.

SECTION III
Nonbanking Applications
/subject to Federal Register Notice Only 1
N otice by Royal Bank o f Canada, Montreal, Canada, to acquire an
interest between 5 percent and 10 percent o f Integrion Financial
Network, LLC, a company that proposes to engage in provision
o f data processing and transmission services through the Internet.

SECTION IV
Applications Not Involving
Public Comment
None.

SECTION V
Availability of CRA Public Evaluations
In connection with the assessm ent o f each insured depository institution's
CRA performance, a rating is assigned from the follow ing group:
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
m oderate-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- incom e neighborhoods,
in a manner consistent with its resources and capabilities.



NA

N eeds to improve record o f m eeting community credit needs.
An institution in this group needs to improve its overall 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.
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.

Week Ending October 12.1996
NAME OF BANK

RATING

None.
1 / Subject to provisions o f Community Reinvestment Act.
2/ Later o f dates specified in newspaper and Federal Register notices.
3/ Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
4/ Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N /A - N ot Available




EXAMINATION DATE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTIO N I - APPLICATIONS RECEIVED AND SUBJECT TO NEW SPAPER
NOTICE ONLY
United Bank o f Philadelphia. Philadelphia, PA to establish a branch office to be located in the ShopRite Supermarket at 100 E. Olney Avenue, Philadelphia, PA, pursuant to Section 9 o f the Federal
Reserve Act.
*Newspaper comment period expires:
N/Avail
(* Application withdrawn as o f 10/8/96)
SECTIO N H - APPLICATIO NS RECEIVED AND SUBJECT TO BO TH NEW SPAPER
A ND FEDERAL REG ISTER NOTICE
NONE
SECTION m - APPLICATIO NS RECEIVED A ND SUBJECT TO FEDERAL
R EG ISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
R EG ISTER NOTICE O R NEW SPAPER




NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were ©cammed for CRA. The 30-business day period the bank has to make
the evaluation public has lapsed during the w eek ending October 11,1996.

Identification of Ratings
In connection with the assessment o f 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 m eet 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 of 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 of meeting community credit needs.
An institution in this group needs to improve its overall 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.
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.
Bank/Location

Examination D ate

CRA Rating

NONE

NONE

NONE




APPLICATIONS BULLETIN
(For the week ending October 12, 1996)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Received application from Citizens Savings Bank, Sandusky, Ohio,
to purchase the assets o f and assume the liabilities o f three branch
offices o f EST National Bank located in Berlin Heights and Sandusky,
Ohio, and incident thereto establish branch facilities.

* N ot Yet Known ft

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
Received Section 3(a)(5) application from First Financial Bancorp,
Hamilton, Ohio, to acquire Hastings Financial Corporation,
Hastings, M ichigan.

*N: October 26, 1996

SECTION HI - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE

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

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




A V A ILA BILITY O F CRA PUBLIC EVALUATIO NS
(October 11, 1996)

The follow ing state member banks have been exam ined by the Federal Reserve Bank o f
Cleveland for compliance with The Community Reinvestment Act. A public evaluation document
became available from the bank(s) listed below during the w eek ended October 11, 1996. If you
are interested in obtaining a copy o f an evaluation document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record o f, and is a leader in,
ascertaining and helping to m eet the credit needs o f its entire delineated community, including
low - and m oderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTO RY: a bank in this group has a satisfactory record o f ascertaining and
helping to m eet the credit needs o f its entire delineated community, including low - and
m oderate-income neighborhoods, in a manner consistent with its resources and capabilities.
N EED S TO IM PROVE: a bank in this group needs to improve its overall record o f
ascertaining and helping to m eet 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 NON COM PLIANCE: a bank in this group has a substantially deficient
record o f ascertaining and helping to meet the credit needs o f its entire delineated com m unity,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
The Metamora State Bank
120 East Main Street
Metamora, OH 43540
Exam Date: 6-10-96
Rating: Satisfactory
D isclosure Date: 10-7-96




F e d e r a l R e se rv e B a n k o f R ichm ond

Section I - Applications Sublaet to Newspaper
Notice Only
Application

Comment Period Ending Date

Centura Bank, Rocky Mount, North Carolina,
to establish branches In two Hannaford
Brothers stores In Charlotte, North
Carolina, located at the intersection of
Independence Boulevard and N.C. Route 51,
and in Eastland Mall on Central Avenue,*

10-31-96

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

Comment Period Ending Date

None.
Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

CCB Financial Corporation, Durham, North
Carolina, to engage In data processing
and management consulting to depository
institutions through s subsidiary to be
known as CCB Services, Inc,, Durham,
North Carolina,
Barnett Baziks, Inc,, Jacksonville, Florida;
CEestar Financial Corporation, Richmond,
Virginia; First Union Corporation, Charlotte,
North Carolina; NationsBank Corporation,
Charlotte, North Carolina; Southern National
Corporation, Winston-Salem, North Carolina;
and Wachovia Corporation, Winston-Salem.
North Carolina, to control over 5% of Southeast
Switch, Inc., Maitland, Florida, after its
merger with Internet, Inc,, Reston, Virginia,

10-25-96**

Not yet available.

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

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




V o d a ra l R « t * m

Bank o f R ichm ond

Section V - Availability of CRA Public Evaluations
Week ending October 11, 1996

Definition of Ratines

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 con­
sistent with ita resources end 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 masting 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

Ratine

Centura Bank

131 North Church Street
Rocky Mount, North Carolina




27804

4-29-96

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 11. 1996

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

None.

S e c t i o n 2 - A p p l i c a t i o n s S u b j e c t t o Both
Newspaper and F e d e r a l R e g i s t e r N o t i c e

A p p lica tio n

Comment P e r i o d En din g D ate

F i r s t C e n t r a l Bank
Not y e t a v a i l a b l e *
S t. P etersb u rg, F lo r id a
A f t e r - t h e - f a c t ch ange i n c o n t r o l n o t i c e b y Mr. E l d r e d R a lp h C r a w fo rd and Ms. Mary
Lou C r a w fo r d t o c o l l e c t i v e l y r e t a i n 2 3 . 9 6 p e r c e n t o f t h e o u t s t a n d i n g s h a r e s o f
F i r s t C e n t r a l Bank, S t . P e t e r s b u r g , F l o r i d a .
T o t a l o w n e r s h ip w i l l e q u a l 2 3 .9 6
p ercen t.

S ectio n

3 - A p p lic a tio n s

A p p lica tio n

S u bject

to

Federal

R e g i s t e r O n ly

Comment P e r i o d Ending D a te

N o n e.

S e c t i o n 4 - A p p l i c a t i o n s Not S u b j e c t t o
F e d e r a l R e g i s t e r N o t i c e o r Newspaper N o t i c e

A p p lic a tio n
AmSouth B a n c o r p o r a t i o n
Birmingham, Alabama
Commitment w a i v e r r e q u e s t .
U n ited S e c u r i t y Bancshares
T h o m a s v i l l e , Alabama
R e q u e s t f o r w a i v e r o f t h e a p p l i c a t i o n r e q u ir e m e n t o f S e c t i o n 3 (a) (5) o f t h e Bank
H o ld i n g Company A c t t o merge w i t h F i r s t B a n c s h a r e s , I n c . , Grove H i l l , Alabama, and
t h e r e b y d i r e c t l y a c q u i r e i t s s u b s i d i a r y , F i r s t Bank & T r u s t , Gro ve H i l l , Ala bam a.
D e p o s i t G u a r a n t y Corp.
Jackson, M is s is s ip p i
R e q u e s t f o r w a i v e r o f t h e a p p l i c a t i o n r e q u ir e m e n t o f S e c t i o n 3 (a ) (5) o f t h e Bank
H o ld in g
Company A c t
for
its
su b sid ia ry ,
D e p o sit
G uaran ty L o u is ia n a
C o rp .
S h r e v e p o r t , L o u i s i a n a , t o merge w i t h J e f f e r s o n G u a r a n t y B an co rp , I n c . , M e t a i r i e ,
L o u isia n a ,
and t h e r e b y d i r e c t l y
a c q u i r e J e f f e r s o n G u a r a n ty Bank,
M eta irie ,
L o u isia n a .

♦Subject to provisions of the Community Reinvestment Act.



Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 11, 1996

S ectio n

10

- A v a ila b ility

of

CRA P u b l i c

E v a lu a tio n s

The CRA p u b l i c e v a l u a t i o n s o f t h e i n s u r e d d e p o s i t o r y i n s t i t u t i o n s l i s t e d b e lo w
became a v a i l a b l e d u r i n g t h i s week.
I n f o r m a t i o n a b o u t an i n s t i t u t i o n ' s
CRA
e v a l u a t i o n may be o b t a i n e d d i r e c t l y from t h e i n s t i t u t i o n .
In c o n n e c t i o n w i t h t h e
a s s e s s m e n t o f an i n s t i t u t i o n ' s CRA p e r f o r m a n c e , a r a t i n g i s a s s i g n e d from t h e
fo llo w in g groups:
O u t s t a n d i n g r e c o r d o f m e e t i n g community c r e d i t n e e d s :
An i n s t i t u t i o n h as an
o u t s t a n d i n g r e c o r d o f , and i s a l e a d e r i n , a s c e r t a i n i n g and h e l p i n g t o meet t h e
c r e d i t n e e d s o f i t s 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 lo w - and m o d e r a t e income n e i g h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s .
S a t i s f a c t o r y r e c o r d o f m e e t i n g community c r e d i t n e e d s :
An i n s t i t u t i o n h as 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 and h e l p i n g t o meet t h e c r e d i t n e e d s o f i t s
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 lo w - and m o d e r a t e - i n c o m e n e ig h b o r h o o d s , i n
a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s .
Needs t o im prove r e c o r d o f m e e t i n g community c r e d i t n e e d s :
An i n s t i t u t i o n n e ed s
t o im prove i t s o v e r a l l r e c o r d o f a s c e r t a i n i n g and h e l p i n g t o meet t h e c r e d i t needs
of
its
e n tire
d e lin e a te d
community,
in clu d in g
lo w and
m o d e r a t e - in c o m e
n e i g h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s .
S u b s t a n t i a l n o n c o m p lian c e i n m e e t i n g community c r e d i t n e e d s :
An i n s t i t u t i o n h as
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 o f a s c e r t a i n i n g and h e l p i n g t o meet t h e c r e d i t
n e ed s o f i t s 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 lo w - and m o d e r a t e -in c o m e
n e ig h b o r h o o d s , i n a manner c o n s i s t e n t w i t h i t s r e s o u r c e s and c a p a b i l i t i e s .

Bank
None.




CRA R a t i n g

Exam ination
D a te

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 11. 1996

R e c e n t l y A p p ro ve d A p p l i c a t i o n s
C i t iz e n s Corp oration
F r a n k lin , Tennessee
1-BHC
form ation,
Peop les
S ta te
Bancshares,
In c .,
s u b s i d i a r y , P e o p l e s S t a t e Bank, G r a n t , Ala bam a.

A p p r o v a l D a te
10 -11-9 6
G rant,

A labam a,

and

its

C i t iz e n s Corp oration
10 -11-9 6
F r a n k lin , Tennessee
A lo n g w i t h i t s w h o l l y - o w n e d s u b s i d i a r y , H a r r i s o n Group, I n c . , F r a n k l i n , T e n n e s s e e ,
t o e n g a g e d i r e c t l y i n m o rtg a g e l e n d i n g a c t i v i t i e s p u r s u a n t t o s e c t i o n 2 2 5 . 2 5 ( b ) (1)
o f R e g u l a t i o n Y and, t h r o u g h F i n a n c i a l D a ta T e c h n o l o g y C o r p o r a t i o n , F r a n k l i n ,
Tennessee,
to
engage
in
data
p ro ce ssin g
a c tiv itie s
pursuant
to
se ctio n
2 2 5 . 2 5 ( b ) (7) o f R e g u l a t i o n Y.




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

Comment Period
Ending Date

Type

Application

Merger/Branches

Kent City State Bank
NP - **
Kent City, Michigan
Grant State Bank
Grant, Michigan
- 1 0 W est Main Street, Grant, Michigan & 21 East 82nd Street, Newaygo, M ichigan

Branch

Security Savings Bank
Famhamville, Iowa
320 Garfield Street
Famhamville, Iowa

NP - 11-1-%

Branch

Old Kent Bank
Grand Rapids, Michigan
1550 West Lake Lansing Road
East Lansing, Michigan
4884 Marsh Road
Okemos, Michigan
6430 West Saginaw Highway
Township of Delta, Michigan
921 West Holmes Road
Lansing, Michigan
23 M ile Road and Gratiot Avenue
Township of Chesterfield, Michigan

NP - 10-2-%

Branch

Hedrick Savings Bank
Hedrick, Iowa
101 S. Main
Hedrick, Iowa

NP - Newspaper
FR - Federal Register
* - Subject to Provisions o f Community Reinvestment Act
** - Not available at this time




NP - 10-13-%

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

Type

Application

Branch

M&I Marshall & Ilsley
Milwaukee, Wisconsin
15445 West National Avenue
New Berlin, Wisconsin

NP - 10-20-96

Branch

Friendship State Bank
Friendship, Indiana
401 Main Street
Rising Sun, Indiana

NP - 10-19-96

3(a)(1) Notice

Calumet Bancshares, Inc.
Brillion, Wisconsin
Calumet County Bank
Brillion, Wisconsin

NP - **

EFT

Security Savings Bank
Farhamville, Iowa
1015 Market Street
Gowrie, Iowa

NP - 10-10-96




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice Cont*d
Comment Period
Ending Date

Jm .

Application

3(a)(3)

Capitol Bancorp, Ltd.*
Lansing, Michigan
Brighton Commerce Bank
Brighton, Michigan (in organization)

FR - 10-18-96
NP - 10-20-%

3(a)(3)

Salin Bancorporation, Inc.*
Indianapolis, Indiana
Columbus Bancorp, Inc.
Indianapolis, Indiana
Columbus Bank and Trust Company
Columbus, Inidiana

FR - 11-1-%
NP - **

3(a)(3)

Metrocorp, Inc.*
East Moline, Illinois
Metrobank-Illinois, National Association
East Moline, Illinois (in organization)

FR - 11-4-%
NP - 11-4-%

COC-HC

Lakeview Financial Corporation
Lakeview, Michigan
Lynn P. Carr

FR - 10-21-%
NP - 10-14-%

3(a)(3)

Old Kent Financial Corporation*
Grand Rapids, Michigan
Seaway Financial Corporation
Saint Clair, Michigan
Commercial and Savings Bank of Saint Clair County
Saint Clair, Michigan
Algonac Savings Bank
Algonac, Michigan

FR - 11-8-%
NP - **




Federal Reserve Bank of Chicago
Section il - Applications Subject to Both Newspaper and Federal
Register Notice Cont’d
Comment Period
Ending Date

Type

Anolication

3(a)(3)

Valley Bancshares, Inc.*
Nisswa, Minnesota
Minnesota Bancshares Corporation
Augusta, Wisconsin
Brainerd National Bank
Baxter, Minnesota

FR -10-15-96
NP -10-14-96

COC-HC

Kerndt Bank Services, Inc.
Lansing, Iowa
Kerndt Brothers Savings Bank
Lansing, Iowa

FR -10-9-96
N P -* *

3(a)(3)

Ida Grove Bancshares, Inc.*
Ida Grove, Iowa
Pierson Bancorporation, Inc.
Pierson, Iowa
Farmers Savings Bank
Pierson, Iowa

FR - 10-25-96
NP -10-18-96

3(a)(5)

F & M Bancorporation, Inc.*
Kaukauna, Wisconsin
East Troy Bancshares, Inc.
East Troy, Wisconsin
State Bank of East Troy
East Troy, Wisconsin

F R -* *
NP - **

3(a)(3)

American Bancshares, Inc.*
Holstein, Iowa
Pierson Bancorporation, Inc.
Pierson, Iowa
Farmers Savings Bank
Pierson, Iowa

FR -10-25-96
NP -10-18-96




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice Cont’d

1m

Anplication

3(a)(1)

Liberty Financial Corporation*
West Des Moines, Iowa
L.B.T. Bancorporation
West Des Moines, Iowa
Liberty Bank and Trust
Lake Mills, Iowa
B and K Bancorporation
West Des Moines, Iowa
Liberty Bank & Trust
Bloomfield, Iowa
Winnebago County Bancorporation
West Des Moines, Iowa
Liberty Bank and Trust
Forest City, Iowa
First Liberty Bancorp
West Des Moines, Iowa
Liberty Bank and Trust
Mason City, Iowa
BW3 Bancorporation
West Des Moines, Iowa
Liberty Bank and Trust Company, N.A.
Pocahantas, Iowa
I.S.B. Bancorporation, Inc.
West Des Moines, Iowa
Liberty Bank and Trust
Woodbine, Iowa
A.B.C. Bancorporation
Tucson, Arizona
Liberty Bank and Trust
Tucson, Arizona




Comment Period
Ending Date

F R - 11-8-96
N P -* *

Federal Reserve Bank of Chicago
Section n - Applications Subject to Both Newspaper and Federal
Register Notice Cont’d

3(a)(1)

G.R. Bancorp, Ltd.*
Grand Ridge, Illinois
First National Bank of Grand Ridge
Grand Ridge, Illinois

FR -11-01-96
NP -11-01-96

3(a)(3)

Independence Bancshares, Inc.*
Independence , Iowa
Southeast Security Bank
Mediapolis, Iowa (in organization)

FR - 10-25-96
NP - **

3(a)(3)

Columbus Bancorp, Inc.*
Indinapolis, Indiana
Salin Bank and Trust Company
Indianapolis, Indiana

FR -11-1-96
NP - **

3(a)(1)

Bluestem Development Corporation*
Joy, Illinois
Joy Development Corporation
Davenport, Iowa
Joy State Bank
Joy, Illinois

FR -10-11-96
NP -10-7-%




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only cont'd
Comment Period
Endine Date

Type

Atmlication

4(c)(8)

Anita Bancorporation
Newton, Iowa
Rolling Hills Insurance Agency, L.C.
Atlantic, Iowa

FR - 10-17-96

4(c)(8)

Bank of Montreal
Montreal, Canada
to establish one or more offices in the Dominion of
Canada & thereby engage in brokerage activities.

FR - 10-23-96

4(c)(8)

Comerica Incorporated
Detroit, Michigan
Bankers Motor Acceptance Corporation, Newport Beach,
California & engage in subprime indirect automobile lending.

FR - 10-23-96

4(c)(8)

Stichting Prioriteit ABN AMRO Holding
Amsterdam, The Netherlands
Integrion Financial Network, L.L.C.,
White Plains, New York.

FR - **

4(c)(8)

Stichting Administratiekantoor ABN AMRO Holding
Amsterdam, The Netherlands
Integrion Financial Network, L.L.C.,
White Plains, New York.

FR - **

4(c)(8)

ABN AMRO Holding N.V.
Amsterdam, The Netherlands
Integrion Financial Network, L.L.C.,
White Plains, New York.

FR - **

4(c)(8)

ABN AMRO Bank, N.V.
Amsterdam, The Netherlands
Integrion Financial Network, L.L.C.,
White Plains, New York.

FR - **




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only cont’d

(c)(8)

ABN AMRO North America, Inc.,
Chicago, Illinois
Intergrion Financial Network, L.L.C.,
White Plains, New York.

F R - **

4(c)(8)

Bankmont Financial Corp.
New York, New York
to establish one or more offices in the Dominion of
Canada and thereby in brokerage activities.

FR - **

4(c)(8)

Liberty Financial Corporation
West Des Moines, Iowa
Liberty Leasing Company
West Des Moines, Iowa

FR - 11-8-96

4(c)(8)

Liberty Financial Corporation
West Des Moines, Iowa
Liberty Mortgage Company
West Des Moines, Iowa

FR - 11-8-96

4(c)(8)

Liberty Financial Corporation
West Des Moines, Iowa
L.S.B. Bancorp
Johnston, Iowa

FR - 11-8-96

4(c)(8)

Liberty Financial Corporation
West Des Moines, Iowa
Liberty Loan Store, Inc.
West Des Moines, Iowa

FR - 11-8-96

4(c)(8)

FBOP Corporation
Oak Park, Illinois
Topa Savings Bank, FSB
Beverly Hills, California
Topa Thrift and Loan
Beverly Hills, California

FR - 10-7-96




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only cont’d

4(c)(8)

Bank of Montreal
Montreal, Canada
BMO Leasing (U.S.), Inc.
Chicago, Illinois

FR

10- 8- %

4(c)(8)

Bankmont Financial Corp.
New York, New York
BMO Leasing (U.S.), Inc.
Chicago, Illinois

FR

10- 8-%




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

Type
None




Application

Federal Reserve Bank of Chicago
Section V - Availability of CRA Public Evaluations

The following state member banks have been examined by the Federal Reserve Bank of Chicago for
compliance with the CRA. The 30-business day period the bank has to make the evaluation public has
lapsed during the week ending October 11, 1996. If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratines
O-

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.

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 has a needs to improve its overall record o f 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.

SN -

An institution in this group has a substantial noncompliance record o f 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 capabilies.




BANK NAME/LOCATION
EXAMINATION DATE

RATINGS

Columbus Junction State Bank
134 Main Street
Columbus Junction, Iowa 52738-1028
(319) 728-2436
6/24/96
S
O

Federal Reserve Bank o f St. Louis
FOR THE WEEK ENDING OCTOBER 11, 1996

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application

End o f Comment Period

* Section 9 application by Mid-America Bank of
Louisville and Trust Company, Louisville, Kentucky,
to establish a branch office at 9510 Brownsboro
Road, Louisville, Kentucky.

10-28-96

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

End o f Comment Period

* Section 3(a)(5) application by Albany Bancorp,
Inc., Albany, Kentucky, to merge with First
National Bancorp of Columbia, Inc., Columbia,
Kentucky.

Federal Register: 11-8-96

* Section 3(a)(3) application by South Central
Bancshares, Inc., Russellville, Kentucky, to
acquire Hopkins Bancorp, Inc., W ickliffe,
Kentucky.

Newspaper: 11-4-96

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application

End o f Comment Period

None.

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

* This application/notification is subject to CRA.




End o f Comment Period

FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification of Ratings:
Outstanding record of meeting community credit needs
A n in s t it u t io n in th is g ro u p h a s a n o u ts ta n d in g r e c o r d o f, a n d is a le a d e r in , a s c e r ta in in g a n d h e lp in g to m e e t
th e c r e d it n e e d s o f its e n tire d e lin e a te d c o m m u n ity , in c lu d in g l o w - a n d m o d e r a te - in c o m e n e ig h b o r h o o d s , in a
m a n n e r c o n s is t e n t w ith its re s o u rc e s a n d c a p a b ilitie s .

Satisfactory record of meeting community credit needs
A n in s titu tio n in th is g ro u p h a s a s a tis fa c to r y r e c o r d o f a s c e r ta in in g a n d h e lp in g to m e e t th e c r e d it n e e d s o f its
e n tire d e lin e a te d c o m m u n ity , including lo w - a n d m o d e r a t e - in c o m e n e ig h b o rh o o d s , in a m a n n e r c o n s is t e n t w it h
it s re s o u r c e s a n d c a p a b ilitie s .

Needs to improve record of meeting community credit needs
A n in s t it u t io n in th is g ro u p n e e d s to im p ro v e its o v e r a ll r e c o r d o f a s c e r ta in in g a n d h e lp in g to m e e t t h e c r e d it
n e e d s o f it s e n tir e d e lin e a te d c o m m u n ity , in c lu d in g l o w - a n d m o d e r a te - in c o m e n e ig h b o rh o o d s , in a m a n n e r
c o n s is t e n t w it h it s re s o u rc e s a n d c a p a b ilitie s .

Substantial noncompliance in meeting community credit needs
A n in s t it u t io n in th is g ro u p h a s a s u b s ta n tia lly d e f ic ie n t r e c o r d o f a s c e r ta in in g a n d h e lp in g to m e e t t h e c r e d it
n e e d s o f it s e n tir e d e lin e a te d c o m m u n ity , in c lu d in g lo w - a n d m o d e r a te - in c o m e n e ig h b o rh o o d s , in a m a n n e r
c o n s is t e n t w it h it s re s o u rc e s a n d c a p a b ilitie s .

FO R

Name of Bank

None




THE WEEK ENDING October 11, 1996

Bank Address

Examination
Date

Examination
Rating

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

Application
NONE.

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

Application
Norwest Corporation, Minneapolis, Minnesota, for prior
approval to acquire 100% of the voting shares of
West Columbia National Bank, West Columbia, Texas. *

Not yet available

JDOB Inc., Sandstone, Minnesota, for prior approval to
acquire 80% of the voting shares of Centennial National Bank,
Walker, Minnesota, a de novo bank. *

November 8, 1996
(Federal Register)

Retroactive notification by Brian West to acquire control of
21.39% of the voting shares of Rice Lake Bancorp, Inc., Rice
Lake, Wisconsin.

October 29, 1996
(Federal Register)

Glacier Bancorp, Inc., Kalispell, Montana, for prior approval
to acquire 100% of the voting shares of Missoula Bancshares,
Inc., Missoula, Montana. *

November 8, 1996
(Federal Register)

United Community Bancshares, Inc., Eagan, Minnesota, for
prior approval to acquire 100% of the voting shares of the
Park Financial Corporation, St. Louis Park, Minnesota. *

November 8, 1996
(Federal Register)

* Subject to CRA

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

Application
Norwest Corporation, Minneapolis, Minnesota, to engage in
the residential mortgage lending business through the acquisition
of Central Federal Mortgage Company, State College, Pennsylvania,
a joint venture with Centre Professionals, Inc., d/b/a RE/MAX
Centre Realty, State College, Pennsylvania.




Comment Period
Ending Date
October 29, 1996

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

Norwest Corporation, Minneapolis, Minnesota, proposes to enter
into a joint venture with other financial institutions under the name
of Integrion Financial Network, LLC which will provide data
processing and data transmission services in the form of a gateway
through which Norwest's subsidiary banks and other subscribers to
the joint venture will provide electronic financial services to their customers.

October 31, 1996

MidAmerica Bancshares, Inc., St. Paul, Minnesota, to engage de novo
in making and servicing loans and leasing personal and real property.

October 31, 1996

Bancommunity Services Corporation, St. Peter, Minnesota, and its
subsidiary, Security Shares, Inc., St. Peter, Minnesota, to engage
de novo in making and servicing loans.

October 31, 1996

Retroactive notice by Security Bancshares Company, Glencoe, Minnesota,
to engage in savings association activities through the acquisition of
more than 5% of FSF Financial Corporation, Hutchinson, Minnesota.

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
NONE.




FE D E R A L R E SE R V E BANK O F M IN N E A PO L IS

Section V - Availability of
CRA Public Evaluations
w eek en d in g O cto b er 11, 1996

ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA performance, a rating is
assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low-and moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.
BANKISI EXAMINED
NONE.




DATE OF EXAMINATION

CRA RATING

Federal R eserve Bank of Kansas C ity

SECTIO N I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

St. Mary’s State Bank, St. Mary’s, Kansas, for prior
approval to establish a branch facility at 117 Highway
24, Rossville, Kansas.

Not Available

Citizens State Bank, Miltonvale, Kansas, for prior
approval to become a member of the Federal Reserve
System.

Not Available

Shoshone First Bank, Cody, Wyoming, for prior
approval to establish a branch facility at 331 West
Colter Avenue, Powell, Wyoming.

Not Available

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

COMMENT PERIOD ENDING DATE

Teambanc, Paola, Kansas, for prior approval to
acquire 100 percent o f the voting shares of Crown
Bancshares, Inc., Bellevue, Nebraska.*

Not Available

R. L. Simpson III, Eufaula, Oklahoma, for approval to
retain a total o f 31.21 percent of the voting shares of
SNB Bancshares, Inc., Eufaula, Oklahoma.*

October 23, 1996

AdBanc, Inc., Ogallala, Nebraska, for prior approval
to acquire 53.93 percent of the voting shares of The
First State Bank, Lodgepole, Nebraska.*

October 28, 1996

BancFirst Corporation, Oklahoma City, Oklahoma, for
prior approval to acquire 26.75 percent of the voting
shares o f Peoples State Bank, Tulsa, Oklahoma.*

November 1, 1996

Oak Park Bancshares, Inc., Overland Park, Kansas,
for prior to acquire 100 percent of the voting shares
of, and thereby merge with Hillcrest Bancshares, Inc.,
Kansas City, Missouri and The Olathe Bank, Olathe,
Kansas.*

November 1, 1996




Federal Reserve Bank of Kansas C ity

SECTION ITT - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

BancFirst Corporation, Oklahoma City, Oklahoma, for
prior approval to engage de novo in general lending
activities, including the making and servicing of loans.

October 23, 1996

First National o f Nebraska, Inc., and First National of
Colorado, Inc., both of Omaha, Nebraska, to engage
de novo through their subsidiary, Professional Career
Services, Inc., Omaha, Nebraska, in the provision of
career counseling services to affiliated and unaffiliated
financial organizations; individuals seeding
employment at banks and other financial organizations;
and individuals seeking financial positions at any
company.

October 23, 1996

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

APPLICATION
None.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification o f 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 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




Federal Reserve Bank of Kansas C ity

the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.

Needs to im prove 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 maimer 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

CRA Public
Date

First State Bank & Trust
116 West 6th
Lamed, Kansas 67550-3044

07/08/96

10/07/96

Satisfactory

First State Bank
P.O. Box 397
Ness City, Kansas 67560-0397

07/08/96

10/07/96

Satisfactory

Anadarko Bank & Trust
P.O. Box 667
Anadarko, Oklahoma 73005-0667

07/29/96

10/07/96

Outstanding

♦Application is subject to CRA.




CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF OCTOBER 7, 1996

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

♦Section 3(a)(1) application by
Coastal Bend Bancshares, Inc., Alice, TX, to
acquire Buckeye Bancshares, Inc., Dover, DE, and
First Community Bank, N.A., Alice, TX

N/A

♦Section 3(a)(1) application by
Buckeye Bancshares, Inc., Dover, DE, to acquire
First Community Bank, N.A., Alice, TX

N/A

♦Section 3(a)(1) application by
FNB Company, Livingston, TX, to acquire FNB Company
of Delaware, Wilmington, DE, and The First National
Bank of Livingston, Livingston, TX

N/A

♦Section 3(a)(1) application by
FNB Company of Delaware, Wilmington, DE, to acquire
The First National Bank of Livingston, Livingston, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

None.




NOTICE EXP

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL RESISTER 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 OCTOBER 7. 1996

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

Bank

None.




Date of
Examination

CRA Rating

FE E A R SE V B N O SA FR NC O
D R L E R E A K F N A ISC
Week ending 10/11/96
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Pierce Commercial Bank (In Organization), Tacoma,
Washington, to become a member of the Federal
Reserve System. *

Newspaper:

Not available

California United Bank, Encino, California, to
establish a branch office at 1640 Sepulveda
Boulevard, Los Angeles, California. *

Newspaper:

Not available

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Pierce County Bancorp, Tacoma, Washington, to
become a bank holding company by acquiring Pierce
Commercial Bank (In Organization), Tacoma,
Washington. *

Newspaper:

Not available

Fed. Reg.:

11/01/96

Robert H. Leshner, Cincinnati, Ohio, to retain
7.96 percent of the outstanding shares of
Professional Bancorp, Santa Monica, California. *

Newspaper:

10/30/96

Fed. Reg.:

10/29/96

Section III -Applications Sub.iect to Federal Register Only
BankAmerica Corporation, San Francisco, California,
Fed. Reg.:
to acquire, through BankAmerica Investment Corporation,
and to engage in mortgage banking activities through
Arrowhead LLC, Chicago, Illinois.

10/25/96

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

* Subject to CRA.




FE E A R
D R L ESER E B N O SA FR N ISC
V AK F N A C O
Week ending 10/11/96
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this
week. Information about a particular institution’s CRA evaluation may be obtained
directly from the institution.
Institution
Sun City Bank

Location
9915 West Bell Road
Sun City, AZ 85351
(602) 876-2911

Examination Date
6/03/96

Ratina*
Needs to Improve

♦Under the rating system an institution’s CRA performance is assigned one of the
following four ratings:
O u ts ta n d in g re c o rd of m eeting community c r e d it 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.
S a t i s f a c t o r y re c o rd o f m eeting community c r e d it n eeds:
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 t o Improve re c o rd of meeting community c r e d it n eeds: 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 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 moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.

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




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