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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1996, No. 42
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending October 19, 1996

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Banco Bilbao Vizcaya, S.A., Bilbao, Spain -- request
for an exemption to engage in certain securities
activities in the United States as a result of the
proposed acquisition of Latlnvest Securities, Inc.,
a Delaware corporation.
Granted, October 15, 1996.
First Union Corporation, Charlotte, North Carolina
to acquire Home Financial Corporation, Hollywood,
Florida, and Home Savings Bank.
Approved, October 15, 1996.
Valley View Bancshares, Inc., Overland Park, Kansas - request for reconsideration of the Board’s
approval of the application to acquire Industrial
Bancshares, Inc., Kansas City, Kansas, Industrial
State Bank; International Bancshares, Inc.,
Gladstone, Missouri, First Bank of Missouri;
Mission Bancshares, Inc., Mission, Kansas, The
Mission Bank; One Security, Inc., Kansas City,
Kansas, and Security Bank.
Denied, October 17, 1996.
BANKS. FOREIGN
Istituto Bancario San Paolo di Torino S.p.A., Turin,
Italy - - t o establish a branch in New York, New
York.
Approved, October 15, 1996.
FORMS
Survey of Terms of Bank Lending CFR 2028A, FR 2028B,
and FR 2028S) -- extension with revision.
Approved, October 16, 1996.
RESERVE BANK SERVICES




Appointment by Chairman Greenspan of a committee of
senior Federal Reserve officials, headed by Vice
Chair Rivlin, to conduct a fundamental review of
the Federal Reserve’s participation in payment
services to banks and other financial institutions.
Announced, October 17, 1996.

H.2
OCTOBER 15, 1996
PAGE 2

TO

OCTOBER 18, 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




Philadelphia

Berks County Bank, Reading, Pennsylvania - - t o
establish a branch in the K-Mart Shopping Plaza,
Parkside Avenue, Township of Cumra, Pennsylvania.
Approved, October 15, 1996.

Richmond

Centura Bank, Rocky Mount, North Carolina - - t o
establish an electronic funds transfer facility in
the parking lot of the ZIPMart at 1830 Wesleyan
Boulevard.
Approved, October 15, 1996.

New York

Chase Manhattan Bank, New York, New York -- to
establish a branch at Mount Sinai Hospital,
Guggenheim Pavilion, 1184-90 Fifth Avenue, New
York, New York.
Approved, October 15, 1996.

Cleveland

Fifth Third Bank, Cincinnati, Ohio -- to establish a
branch at 4777 Kenard Avenue.
Approved, October 16, 1996.

Chicago

Old Kent Bank, Grand Rapids, Michigan - - t o establish
branches at 1550 West Lake Lansing Road, East
Lansing; 4884 March Road, Okemos; 6430 West Saginaw
Highway, Township of Delta; 921 West Holmes Road,
Lansing; 23 Mile Road and Gratiot Avenue, Township
of Chesterfield, Michigan.
Approved, October 16, 1996.

Philadelphia

Pennsylvania State Bank, Camp Hill, Pennsylvania -to establish a branch at Lots 4 and 5 of the
Subdivision Plan of AMP, Inc., Cumberland Parkway,
Mechanicsburg, Pennsylvania.
Approved, October 15, 1996.

Cleveland

Richwood Savings Bank, Richwood, Ohio -- to establish
a branch at 249 West Fifth Street, Marysville,
Ohio.
Approved, October 18, 1996.

H. 2
OCTOBER.15, 1996
PAGE 3

TO

OCTOBER 18, 1996

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

BANK BRANCHES. DOMESTIC
Chicago

Kansas City

Security Savings Bank, Farhamville, Iowa -- t o
establish an electronic funds transfer f a c i l i t y
1015 Market Street, Gowrie, Iowa.
Approved, October 18, 1996.

at

Shoshone First Bank, Cody, Wyoming - - t o establish a
branch at 331 West Colter Avenue, Powell, Wyoming.
Approved, October 16, 1996.

BANK HOLDING COMPANIES




Dallas

Adam Corporation/Group, Bryan, Texas -- request for
waiver of application to acquire First American
Bank, SSB
Granted, October 18, 1996.

Dallas

Adam Corporation/Group, Bryan, Texas -- request for
waiver of application to acquire TAC Financial
Corporation, Dover, Delaware.
Granted, October 18, 1996.

Chicago

Bank of Montreal, Toronto, Canada, and Bankmont
Financial Corp. Chicago, Illinois -- notification
,
of intent to engage de novo in leasing activities
through BMO Leasing (U.S.) Inc.
Permitted, October 16, 1996.

Cleveland

CNBC Bancorp, Worthington, Ohio - - t o acquire
Commerce National Bank.
Approved, October 16, 1996.

Minneapolis

Commerce Bancshares, Inc., Bloomington, Minnesota -to acquire Geneva State Bank, Geneva, Minnesota.
Approved, October 17, 1996.

Atlanta

Commercial Capital Corporation, DeKalb, Mississippi - to retain shares of Kemper Financial, Inc. and
continue to engage in consumer finance activities.
Permitted, October 16, 1996.

Cleveland

DCB Financial Corp., Delaware, Ohio -- to acquire The
Delaware County Bank 8 Trust Company.
Approved, October 17, 1996.

H .2
OCTOBER 15, 1996
PAGE 4

TO

OCTOBER 18, 1996

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

BANK HOLDING COMPANIES




Chicago

FBOP Corporation, Oak Park, Illinois - - t o acquire
certain assets and assume certain liabilities of
Topa Savings Bank, FSB, Beverly Hills, California;
and Topa Thrift and Loan.
Permitted, October 15, 1996.

Dallas

First American Bank, SSB, Bryan, Texas -- request for
waiver of application to operate as a savings
association.
Granted, October 18, 1996.

Dallas

First American Bank, SSB, Bryan, Texas -- request for
waiver of application to acquire Caldwell Capital
Corporation, Caldwell, Texas.
Granted, October 18, 1996.

Atlanta

Hibernia Corporation, New Orleans, Louisiana -- to
merge with Texarkana National Bancshares,
Texarkana, Texas, and acquire Texarkana National
Bank.
Approved, October 18, 1996.

Kansas City

Intrust Financial Corporation, Wichita, Kansas -- to
engage in administrative services for defined
contribution and benefit plans and employee
benefits consulting services through the formation
of Nestegg Consulting, Inc.
Permitted, October 17, 1996.

Dallas

Naedgen & White, Ltd., Lubbock, Texas -- to acquire
Plains Service Corporation and engage in data
processing activities.
Permitted, October 16, 1996.

Kansas City

Mesquite Financial Corporation, Mesquite, Nevada -to acquire Mesquite State Bank, and for Central
Financial Corporation, Hutchinson, Kansas, to
acquire Mesquite Financial.
Approved, October 17, 1996.

Chicago

Metrocorp, Inc., East Moline, Illinois -- to acquire
Metrobank-Illinois National Association, East
Moline, Illinois.
Returned, October 16, 1996.

H.2
OCTOBER .15, 1996
PAGE 5

TO

OCTOBER 18, 1996

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

BANK HOLDING COMPANIES




Kansas City

Nolte Family Limited Partnership, Kenesaw, Nebraska - to acquire First Kenesaw Company, Inc., and
engage in the sale of general insurance.
Approved, October 18, 1996.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -notification of intent to establish a joint
venture, and engage in residential mortgage lending
activities through The Mortgage Center,
Springfield, Massachusetts.
Permitted, October 16, 1996.

Dallas

Plains Capital Corporation, Lubbock, Texas -- to
acquire Plains Service Corporation, and engage in
data processing activities.
Permitted, October 16, 1996.

Atlanta

Robertson Holding Company, Speedwell, Tennessee -- to
acquire Commercial BancGroup, Inc., Harrogate,
Tennessee.
Approved, October 18, 1996.

Boston

Royal Bank of Scotland Group PLC, Edinburgh,
Scotland, The Royal Bank of Scotland PLC; The
Governor and Company of the Bank of Ireland,
Dublin, Ireland, and Citizens Financial Group,
Inc., Providence, Rhode Island -- notification of
intent to retain a 5.23 percent interest in NYCE
Corporation, Woodcliff Lake, New Jersey, and engage
in data processing activities.
Approved, October 18, 1996.

Minneapolis

Security Bancshares Company, Glencoe, Minnesota -retroactive notice to engage in savings association
activities through the acquisition of more than
5 percent of FSF Financial Corporation, Hutchinson,
Minnesota.
Withdrawn, October 18, 1996.

New York

Summit Bancorp., Princeton, New Jersey - - t o acquire
Central Jersey Financial Corp. East Brunswick, New
,
Jersey.
Approved, October 18, 1996.

H .2
OCTOBER 15, 1996
PAGE 6

TO

OCTOBER 18, 1996

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

BANK HOLDING COMPANIES
Dallas

TAC Financial Corporation, Dover, Delaware -- request
for waiver of application to acquire First American
Bank, SSB, Bryan, Texas.
Granted, October 18, 1996.

St. Louis

Union Planters Corporation, Memphis, Tennessee, and
Capital Bancorporation, Inc. -- to acquire
Financial Bancshares, Inc., St. Louis, Missouri,
and five subsidiary banks.
Approved, October 16, 1996.

Atlanta

1st United Bancorp, Boca Raton, Florida -- to acquire
Park Bankshares, Inc., Lake Park, Florida, and
First National Bank of Lake Park, and for 1st
United Bank to merge with Bank of Lake Park.
Approved, October 17, 1996.

BANK MERGERS
S t . Louis

Bank of Gainesville, Gainesville, Missouri, to merge
with Douglas County Bank, Ava, Missouri, and
establish a branch.
Approved, October 16, 1996.

New York

Marine Midland Bank, Buffalo, New York -- to purchase
certain assets and assume certain liabilities of
Morgan Guaranty Trust Company of New York, New
York, New York.
Approved, October 18, 1996.

CAPITAL STOCK
S t . Louis

Farmers and Traders Bancshares, Inc., California,
Missouri -- redemption of shares.
Approved, October 16, 1996.

CHANGE IN BANK CONTROL




Dallas

First Bryson Bancorporation, Inc., Bryson, Texas -change in bank control.
Permitted, October 15, 1996.

H.2
OCTOBER. 15, 1996
PAGE 7

TO

OCTOBER 18, 1996

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

CHANGE IN BANK CONTROL
Dallas

First Eldorado Bancshares, Inc., Eldorado, Texas -change in bank control.
Permitted, October 18, 1996.

San Francisco

First Utah Bancorporation, Salt Lake City, Utah -change in bank control.
Permitted, October 16, 1996.

Dallas

Premier Bancshares, Inc., La Grange, Texas -- change
in bank control.
Permitted, October 18, 1996.

COMPETITIVE FACTORS REPORTS




Chicago

Bank of Alma, Alma, Michigan, proposed purchase of
the assets and assumption of the liabilities of the
Auburn, Michigan, and Merrill, Michigan, branches
of First of America Bank, Michigan, N.A., Grand
Rapids, Michigan -- report on competitive factors.
Submitted, October 18, 1996.

Richmond

Central Carolina Bank & Trust Company, Durham, North
Carolina, proposed merger with Salem Trust Bank,
Winston-Salem, North Carolina -- report on
competitive factors.
Submitted, October 15, 1996.

Chicago

Central Trust & Savings Bank, Geneseo, Illinois,
proposed merger with State Bank of Osco, Osco,
Illinois -- report on competitive factors.
Submitted, October 16, 1996.

Atlanta

Fidelity Bankshares, Inc., West Palm Beach, Florida,
proposed acquisition of Fidelity Federal Savings
Bank of Florida -- report on competitive factors.
Submitted, October 16, 1996.

Chicago

First National Bank, Kokomo, Indiana, proposed merger
with FNBK National Merger Bank -- report on
competitive factors.
Submitted, October 15, 1996.

H.2
OCTOBER 15, 1996
PAGE 8

TO

OCTOBER 18, 1996

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

COMPETITIVE FACTORS REPORTS




Kansas City

First National Bank of Johnstown, Johnstown,
Colorado, proposed merger with First National
Interim Bank -- report on competitive factors.
Submitted, October 17, 1996.

Dallas

First Newco, Inc., Corpus Christi, Texas, proposed
merger with International Bank -- report on
competitive factors.
Submitted, October 16, 1996.

Dallas

First State Bank, Austin, Texas, proposed acquisition
of the assets and assumption of the liabilities of
the Walmart branch at 3829 Highway 77, Corpus
Christi, Texas, of American Bank, N.A. -- report on
competitive factors.
Submitted, October 16, 1996.

Kansas City

First United National Bank, Great Bend, Kansas,
proposed merger with Interim First United National
Bank -- report on competitive factors.
Submitted, October 18, 1996.

Chicago

FMB-Community Bank, Dowagiac, Michigan, proposed
purchase of the assets and assumption of the
liabilities of the Sister Lakes branch of First of
America Bank-Michigan, N.A., Grand Rapids, Michigan
-- report on competitive factors.
Submitted, October 18, 1996.

Chicago

FMB’Oceana Bank, Hart, Michigan, proposed purchase of
the assets and assumption of the liabilities of the
Hart and Custer branches of First of America BankMichigan, N.A., Grand Rapids, Michigan -- report on
compet it ive factors.
Submitted, October 18, 1996.

Chicago

Gibson Savings Bank, Gibson, Iowa, proposed
acquisition of the assets and assumption of the
liabilities of the Agency, Iowa, branch of Farmers
Savings Bank, Packwood, Iowa -- report on
compet it ive factors.
Submitted, October 18, 1996.

H.2
OCTOBER. 15, 1996
PAGE 9

TO

OCTOBER 18, 1996

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

COMPETITIVE FACTORS REPORTS




Atlanta

Hancock Bank of Louisiana, Baton Rouge, Louisiana,
proposed merger with Southeast National Bank,
Hammond, Louisiana -- report on competitive
factors.
Submitted, October 16, 1996.

Chicago

Independent Bank East Michigan, Caro, Michigan,
proposed purchase of the assets and assumption of
the liabilities of eight branches of First of
America Bank-Michigan, N.A., Grand Rapids, Michigan
-- report on competitive factors.
Submitted, October 17, 1996.

Dallas

Pacific Southwest Bank, Corpus Christi, Texas,
proposed acquisition of the assets and assumption
of the liabilities of fourteen branches of Bank of
America Texas, N.A., Irving, Texas -- report on
compet it ive factors.
Submitted, October 17, 1996.

Chicago

Pinnacle Bank, St. Joseph, Michigan, proposed merger
with Pinnacle Bank, Merrillville, Indiana -- report
on competitive factors.
Submitted, October 15, 1996.

Richmond

Premier Bank-Central, N.A., Honaker, Virginia,
proposed merger with Big Stone Gap Bank and Trust
Company, Big Stone Gap, Virginia -- report on
competitive factors.
Submitted, October 17, 1996.

St. Louis

St. Charles Federal Savings and Loan Association, St
Charles, Missouri, proposed merger with First Bank
FSB, Clayton, Missouri -- report on competitive
factors.
Submitted, October 17, 1996.

Atlanta

United Security Bank, Thomasville, Alabama, proposed
acquisition of First Bank and Trust, Grove Hill,
Alabama -- report on competitive factors.
Submitted, October 16, 1996.

H.2
OCTOBER 15, 1996
PAGE 10

TO

OCTOBER 18, 1996

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

COMPETITIVE FACTORS REPORTS
Chicago

Vision Bancorp, Inc., Lawrenceburg, Indiana, proposed
acquisition of Dearborn Savings Association, F.A. - report on competitive factors.
Submitted, October 15, 1996.

EXTENSIONS OF TIME




St. Louis

First Commercial
- extension to
National Bank,
Granted, October

Corporation, Little Rock, Arkansas January 29, 1997, to acquire City
Whitehouse, Texas.
18, 1996.

Kansas City

HNB Corporation, Arkansas City, Kansas -- extension
to January 16, 1997, to acquire Home National Bank,
Scottsdale, Arizona.
Granted, October 16, 1996.

New York

Saban S.A., Monaco, and its wholly owned subsidiary,
RNYC Holdings Limited, Gibraltar -- for Saban
directly to acquire shares of Republic New York
Corporation, New York, New York, and for RNYC
Holdings directly to acquire shares of Republic New
York Corporation.
Granted, October 16, 1996.

New York

Stewardship Financial Corporation, Midland Park, New
Jersey -- extension to November 30, 1996, to
acquire Atlantic Stewardship Bank.
Granted, October 18, 1996.

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

Application
NONE

SECTION IT - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Comment Period Ending Date

Application

NONE

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Comment Period Ending Date

Application

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;
Improve; "SN" - Substantial Noncompliance.



"N" - Needs to

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
None.

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only I
None.

SECTION IV
Applications Not Involving
Public Comment
None.

SECTION V
Availability of CRA Public Evaluations
In connection with the assessment o f each insured depository institution's
CRA performance, a rating is assigned from the following 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
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record o f meeting community credit needs.
An institution in this group has a satisfactory record o f ascertaining
and helping to meet the credit needs o f its entire delineated
community, including low- and moderate- income neighborhoods,
in a manner consistent with its resources and capabilities.
N eeds to improve record o f 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.

Week Ending October 19.1996
NAME OF BANK

RATING

EXAMINATION PATE

European American Bank
One EAB Plaza
Uniondale, N ew York 11555

Satisfactory

April 15, 1996

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 - Not Available




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER
NOTICE ONLY
Twin Rivers Community Bank. Easton, PA to establish a branch office at 1003 West Broad
Street, Bethlehem, PA, pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires:

11/01/96

SECTION H - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER
AND FEDERAL REGISTER NOTICE
NONE
SECTION HI - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
REGISTER NOTICE ONLY
Fulton Financial Corporation. Lancaster, PA to invest $1,251,000 in a Limited Partnership
which will construct and operate a 34 unit elderly housing project in Bath, PA, pursuant to
Section 4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(6) of Regulation Y.
Federal Register comment period expires: N/Avail
Susquehanna Bancshares. Inc.. Lititz, PA to retain (i) American Title, Inc., Reistertown, MD;
(ii) Mid-Atlantic Title Company, Baltimore, MD; and (iii) Maryland Title Company,
Baltimore, MD, and thereby engage in the activities of: Title Examination/Title Search; Title
Abstracting; Document Preparation; and Closing/conducting o f Settlement on a loan,
pursuant to Section 4(c)(8) of the Banking Holding Company Act and Section 225.23(a)(3) of
Regulation Y. The Notificant also seeks relief from the divestiture commitments made by it
in connection with the aforementioned acquisitions.
Federal Register comment period expires: N/Avail
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER




NONE

FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - A V A n A B n j T Y OF C RA PUBLIC E V ALU A TIO N S
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 October 18, 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 meet the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record 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 Date

CRA Rating

NONE

NONE

NONE




APPLICATIONS BULLETIN
(For the week ending October 19, 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.

* November 8, 1996

SECTION n - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE
Received Section 3(a)(1) application from Pennwood Bancorp,
Inc., Pittsburgh, Pennsylvania, to acquire Pennwood Savings Bank,
Pittsburgh, Pennsylvania.

*N: November 15, 1996

SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
NONE

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

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




A VA ILABILITY O F CRA PUBLIC EV ALU A TIO N S
(October 18, 1996)

The following state member banks have been examined 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 week ended October 18, 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 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.
SATISFACTO RY: a bank 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.
N E E D S TO IM PROVE: a bank 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 NON COMPLIANCE: 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 community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
NONE




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

Comment Period Ending Date

None.

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

Comment Period Ending Date

Non e .

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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




Federal Reserve Bank of Richmond
Section V - Availability of CRA Public Evaluations
Week ending October 18, 1996

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

Rating

First Virginia Bank-Mountain Empire
Laurel Avenue
Damascus, Virginia 24236

7-8-96

Satisfactory

First Virginia Bank-Blue Ridge
125 North Central Avenue
Staunton, Virginia 24401

7-8-96

Satisfactory




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 19. 1996

S e c tio n

1

- A p p lica tio n s

S u b ject

t o Newspap e r N o t i c e

&Bisac£
Bl..fin

O n ly

gamment-Pgriod Ending .
Rate

None.

S e c t i o n ,2 i . ..A p p li c a t io n s . Su b j e c t ..t o Bo_ h
,
t
_
New$.pap$r,..and, F e d e r a l R e g i s t e r No t i c e
A p p .lig a tiQ n

Comment P e r i o d E n d in g D a te

The C o l o n i a l BancGroup, I n c .
N ot y e t a v a i l a b l e *
Montgomery, Ala bam a
To merge w i t h J e f f e r s o n B a n c o r p , I n c . , Miami B e a c h , F l o r i d a , 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 , J e f f e r s o n Bank o f F l o r i d a , Miami B e a c h , F l o r i d a , p u r s u a n t
t o S e c t i o n 3 ( a ) (5) o f t h e Bank H o l d i n g Company A c t .
Arrow head C a p i t a l C o r p o r a t i o n
West Palm B e a c h , F l o r i d a
1-BHC f o r m a t i o n , S u n n i l a n d Bank,

N ot y e t
Fo rt L au d erd ale,

a v a ila b le *

F lo rid a.

CB&T H o l d i n g C o r p o r a t i o n
N ot y e t a v a i l a b l e *
New O r l e a n s , L o u i s i a n a
Change i n c o n t r o l n o t i c e b y Mr. G a r y N. Solomon and M rs. M arth a N. Solomon t o
c o l l e c t i v e l y a c q u i r e an a d d i t i o n a l 2 1 . 6 3 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 CB&T
C o r p o r a t i o n , New O r l e a n s , L o u i s i a n a .
T o t a l o w n e r s h ip w i l l e q u a l 4 3 . 2 5 p e r c e n t .

S e c tio n

3 - App l i c a t i o n s

A p p lic a tio n

S u b ject

to

Federal

Regi s t e r

O n ly

Comment Pexi-Qd .Pndj jig. .Ra fcQ

U n io n B a n c s h a r e s , I n c .
N ot y e t a v a i l a b l e
M a r k s v i l ie , Loui s ian a
To a c q u i r e U n io n I n s u r a n c e Premium F i n a n c e Company, Hessmer,
L o u isia n a ,
and
t h e r e b y e n g a g e i n i n s u r a n c e a g e n c y and u n d e r w r i t i n g a c t i v i t i e s ,
pursuant to
S e c t i o n s 2 2 5 . 2 5 ( b ) (8) ( i i ) o f R e g u l a t i o n Y and S e c t i o n 4 ( c ) (8) o f t h e Bank H o l d i n g
Company A c t .
U n io n B a n c s h a r e s , I n c .
N ot y e t a v a i l a b l e
M a r k s v ille , L o u isia n a
To a c q u i r e Un ion I n s u r a n c e A g e n c y , Hessmer, L o u i s i a n a , and t h e r e b y e n g a g e i n
i n s u r a n c e a g e n c y and u n d e r w r i t 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 s 2 2 5 . 2 5 ( b ) (8) (I)
and 2 2 5 . 2 5 (b) (8) ( i i i ) o f R e g u l a t i o n Y and S e c t i o n 4 ( c ) ( 8 ) o f t h e Bank H o l d i n g
Company A c t .

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 Re g i s t e r N o t i c e o r N ew spaper N o t i c e
A p p lic a tio n
None.

♦ S u b je c t t o p r o v i s i o n s o f



the

Community R e i n v e s t m e n t A c t .

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 18, 1996

S e c tio n

10

- A v a ila b ility

of

CRA P u b l i c

Evalu a t io 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
becam e 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 tio n w ith th 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 a s 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 comm unity, i n c l u d i n g l o 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 a s a
s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g 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 l o w - and m o d e r a t e - i n c o m e n e i g h b o r h o o d s , 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 e d 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 ne ed s
of
its
e n tire
d e lin e a te d
comm unity,
in clu d in g
lo w and
m oderate-incom 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 lia n 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 a s
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 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 - 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 .

Bank

CRA R a t i n g

AmTrade I n t e r n a t i o n a l
Bank o f G e o r g i a
127 P e a c h tr e e S t r e e t
S u i t e 1500
A t l a n t a , G e o r g i a 30303
( 4 0 4 ) 3 3 0 -7 2 7 0

S a tisfa c to ry




Exa m in a tion
D a te
0 7-15 -9 6

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 18. 1996

R e c e n t l y Approved A p p l i c a t i o n s

A p p r o v a l D a te

1 s t U n i t e d B an co rp
10 -17-9 6
Boca R a to n , F l o r i d a
To a c q u i r e P a rk B a n c s h a r e s ,
I n c . , Lake P a r k , F l o r i d a , and t h e r e b y i n 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 N a t i o n a l Bank o f L ake P a r k , L ake P a r k , F l o r i d a ,
p u r s u a n t t o S e c t i o n 3 ( a ) (3) o f t h e Bank H o l d i n g Company A c t .
1 s t U n i t e d Bank
10 -17-9 6
B o ca R a to n , F l o r i d a
To merge w i t h F i r s t N a t i o n a l Bank o f Lake P a r k , Lake P a r k , F l o r i d a ,
S e c t i o n 18® o f t h e F e d e r a l D e p o s i t I n s u r a n c e A c t .

pursuant

to

H ibern ia C o rp o ratio n
10 -18 -9 6
New O r l e a n s , L o u i s i a n a
To merge w i t h T e x a r k a n a N a t i o n a l B a n c s h a r e s , I n c . , T e x a r k a n a , T e x a s , and t h e r e b y
d i r e c t l y a c q u i r e T e x a r k a n a N a t i o n a l Bank, T e x a r k a n a , T e x a s , p u r s u a n t t o S e c t i o n
3 ( a ) (5) o f t h e Bank H o l d i n g Company A c t .
Com m ercial C a p i t a l C o r p o r a t i o n
10 -16 -9 6
D e K a lb , M i s s i s s i p p i
To a c q u i r e Kemper F i n a n c e ,
Inc.,
D e K alb , M i s s i s s i p p i ,
and t h e r e b y e n g a g e i n
consum er f i n a n c e 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 4 ( c ) ( 8 )
o f t h e Bank H o l d i n g
Company A c t and S e c t i o n 2 2 5 . 2 5 ( b ) ( 1 ) (I) o f R e g u l a t i o n Y.
R o b e r t s o n H o l d i n g Company, L . P .
10 -18 -9 6
S p e e d w e ll, Tennessee
1-BHC f o r m a t i o n , Com mercial BancGroup, I n c . , H a r r o g a t e , T e n n e s s e e ,
a c q u i r e i t s s u b s i d i a r y , Com m ercial Bank, H a r r o g a t e , T e n n e s s e e .




and

thereby

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

Comment Period
Ending Date

Type

Application

Merger/Branches

Kent City State Bank
NP - 11-06-96
Kent City, Michigan
Grant State Bank
Grant, Michigan
* 10 West Main Street, Grant, Michigan & 21 East 82nd Street, Newaygo, Michigan

Branch

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

N P - 11-1-96

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 - 10-10-96

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




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

Type

Application

3(a)(1) Notice

Pioneer Bancorp, Inc.
Auburndale, Wisconsin
Pioneer State Bank
Auburndale, Wisconsin




Comment Period
Ending Date

NP - 10-24-96

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

Type

Application

3(a)(3)

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

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

3(a)(3)

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

FR - 11-1-96

3(a)(3)

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

FR - 11-4-96
NP - 11-4-96

COC-HC

Lakeview Financial Corporation
Lakeview, Michigan
Lynn P. Carr

FR - 10-21-96
NP - 10-14-96

3(a)(3)

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

FR - 11-8-96
NP - 11-03-96




NP - **

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

Type

Application

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
NP - **

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

PR . **
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
Comment Period
Ending Date

Type

Application

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

F R - 11-8-96
Np _ **

3(a)(3)

FBOP Corporation
Oak Park, Illinois
SDNB Financial Corp.
San Diego, California
San Diego National Bank
San Diego, California

FR - *
NP- *




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

3(a)(1)

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

F R - 11-01-96
N P - 11-01-96

3(a)(3)

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

FR - 10-25-96
NP - 10-31-96

3(a)(3)

Columbus Bancorp, Inc.*
Indianapolis, 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 - 10-7-96

3(a)(3)

F & M Bancorporation, Inc.
Kaukauna, Wisconsin
Green County Bank
Brodhead, Wisconsin

FR - *
NP - *




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

Type

Application

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 - 10-31-96

4(c)(8)

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

FR - 10-31-96

4(c)(8)

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

FR - 10-31-96

4(c)(8)

ABN AMRO Bank, N.V.
Amsterdam, The Netherlands
Integrion Financial Network, L .L .C .,

FR - 10-31-96




White Plains, New York.

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

Type

Application

(c)(8)

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

F R - 10-31-96

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.

PR _ **

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




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

Type
None




Application

Federal Reserve Bank o f Chicago
Section V - Availability o f CRA Public Evaluations

The following state member banks have been examined by the Federal Reserve Bank o f 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 18, 1996. If you are interested in obtaining a copy o f the evaluation
document, please contact the bank(s) directly.
Identification o f 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 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 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.

N I-

An institution in this group has a 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.

SN-

An institution in this group has a substantial noncompliance 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 capabilies.




BANK NAME/LOCATION
EXAM INATION D ATE
Union Bank & Trust Company
Two East Main Street
P.O. Box 15
Evansville, W isconsin 53536-0015
(608) 882-5200

Iowa State Bank
Highway 62
P.O . Box 287
Wapello, Iowa 52653-0287
(319) 523-5200

RATINGS

7/24/96
S 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 Mile Road and Gratiot Avenue
Township o f Chesterfield, Michigan

NP - 10-2-96

Branch

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

NP - 10-13-96

EFT

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

NP - 10-10-96

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

4(c)(8)

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

FR - 10-8-96

4(c)(8)

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

FR - 10-8-96




FED ER A L R E SE R V E BA N K O F ST . LO UIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES

I e tific tio o Rt g
dn a n f ain s:
Outstanding record o f m eeting com m unity credit needs
A n 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 lo w - and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Satisfactory record o f m eeting com m unity credit needs
A n 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 o f meeting com m unity credit needs
A n institution in this group needs to improve its overall record of ascertaining and helping to meet the credit
needs o f its entire delineated community, including lo w - and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting com m unity credit needs
A n institution in this group has a substantially deficient record of ascertaining and helping to meet the credit
needs o f its entire delineated community, including lo w - and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

FOR THE WEEK ENDING October 18, 1996

Name of Bank

Bank Address

Examination
Date

Examination
Rating

Elberfeld State Bank

Elberfeld, IN

7/8/96

Satisfactory

Citizens Bank

Hartford, KY

7/15/96

Satisfactory




F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

Section I - Applications Subject to
Newspaper Notice Only

Comment Period
Ending Date

Application
NONE.
F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

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. *

November 15, 1996
(Federal Register)

Menomonie Financial Services, Inc., Retirement Plan, Menomonie,
Wisconsin, for prior approval to become a bank holding company
through the acquisition of 25.67% of the voting shares of
Menomonie Shares, Inc., Menomonie, Wisconsin. *

November 15, 1996
(Federal Register)

* Subject to CRA
F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

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

Application
The Capitol Bancorporation, Inc., Britton, South Dakota,
to engage de novo in making and servicing loans.

November 6, 1996

Fulda Bancorporation, Inc., Britton, South Dakota,
to engage de novo in making and servicing loans.

November 6, 1996

F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS

Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Johnson Holdings, Inc., Isanti, Minnesota,
to redeem 100% of its preferred stock.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending October 18, 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.
BANKYSt E X A M I N E D

NONE.




DATE OF EXAMINATION

CRA RATING

Federal Reserve Bank of Kansas C ity

SEC T IO N T - A PPLIC ATIO N S SUBJECT TO N EW SPA PER N O T IC E O N LY
APPLICATION

COMMENT PERIOD ENDING DATE

None.
SECTIO N II - APPLICATIONS SUBJECT T O BO TH
N EW SPAPER AND FEDERAL REGISTER N O TICE
APPLICATION

COMMENT PERIOD ENDING DATE

TeamBanc, Inc., Employee Stock Ownership Plan,
TeamBanc, Inc., and TeamBanc Acquisition
Subsidiary, Inc., all of Paola, Kansas, for prior
approval to acquire 100 percent o f the voting shares of
Crown Bancshares, Inc., Bellevue, Nebraska, and
TeamBanc Acquisition Subsidiary, Inc., to become a
bank holding company.*

November 12, 1996

First SCK Financial Corporation, Anthony, Kansas,
for prior approval to become a bank holding company
through the acquisition o f 100 percent of the voting
shares o f First National Bank o f Anthony, Anthony,
Kansas.*

Not Available

Haviland Bancshares, Inc., Haviland, Kansas, for
prior approval to acquire 19.995 percent o f the voting
shares o f Fredonia State Bancshares, Inc., Fredonia,
Kansas.*

Not Available

Fredonia State Bankshares, Inc., Fredonia, Kansas, for
prior approval to become a bank holding company
through the acquisition o f 100 percent o f the voting
shares o f State Bank o f Fredonia, Fredonia, Kansas.*

Not Available

SEC TIO N III - A PPLIC ATIO N S SUBJECT TO FEDERAL R EG ISTER N O T IC E ONLY
APPLICATION
None.




COMMENT PERIOD EN DIN G DATE

Federal R eserve Bank of Kansas C ity

SE C T IO N IV - A PPLIC ATIO N S NO T SUBJECT TO FED ER AL REG ISTER NOTTCF.
OR N EW SPAPER NOTICE
APPLICATION

None.
SE C T IO N V - A VAILABILITY OF CRA PUBLIC EV A LU A TIO N S
Identification o f R atings
In connection with the assessment o f each insured depository institution's CRA performance, a
rating is assigned from the following groups:
O utstanding record o f m eeting com m unity credit needs
An institution in this group has an outstanding 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.
Satisfactory record o f m eeting com m unity 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.
N eeds to im prove record o f m eeting com m unity 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncom pliance in m eeting com m unity 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

Bank/Location
None.




Exam Path

CRA Public
__D.ate..

CRA
Rating

Federal Reserve Bank of Kansas C ity *

* Application is subject to CRA.




FED A R
ER L ESER E B N O D LLA APPLICATIONS BULLETIN
V AK F A S
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF OCTOBER 14, 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

Change in Control Notice by
Paul A. Rowntree, Bedford, TX, to acquire an interest in
Mid-Cities National Bank, Hurst, TX
(Previously reported during the week of 9-30-96)
♦Section 3(a)(1) application by
MainBancorp, Inc., Austin, TX, to acquire MainCorp
Intermediate Holding Company, Inc., Wilmington, DE,
ROSB Bancorp, Inc., Red Oak, TX, and MainBank, Red Oak, TX
(Resubmission)
♦Section 3(a)(1) application by
MainCorp Intermediate Holding Company, Inc.,
Wilmington, DE, to acquire ROSB Bancorp, Inc., Red Oak, TX,
and MainBank, Red Oak, TX
(Resubmission)

96/11/01

96/10/01

96/10/01

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF OCTOBER 14. 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

Date of
Examination

CRA Ratinq

First Bank & Trust of Clarendon
123 S. Kearney
P. 0. Box 947
Clarendon, TX 79226-0947

96/07/08

Satisfactory

First State Bank
601 College
P.0. Box 105
Junction, TX 76849-0105

96/07/08

Outstanding




FED AL RESERVE B N O SAN FRANCISCO
ER
AK F
Week ending 10/18/96
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:

10/31/96

Section II - Applications Sub.iect 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

U.S. Bancorp, Portland, Oregon, to merge with
Sun Capital Bancorp, St. George, Utah. *

Newspaper:

Not available

Fed. Rea.:

11/18/96

Section III -Applications Sub.iect to Federal Register Only
None

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

* Subject to CRA.




FED AL RESERVE B N O SAN FRANCISCO
ER
AK F
Week ending 10/18/96
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

Location

Examination Date

Rating*

None

♦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 r e c o r d of m e e tin g com m unity c r e d i t n e e d s :
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 r e c o rd o f m e e tin g com m unity c r e d i t n e e d s :
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 Im p rove r e c o r d of m e e tin g com m unity c r e d i t n e e d s :
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.
S u b s t a n t i a l N o n com p lia n ce i n m e e tin g com m unity c r e d i t n e e d s :
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