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H.2, 1994, NO. 41
ANNOUNCEMENT
Actions of the Board, its Staff, and
Researchl;
BRARY
the Federal Reserve Banks;
BOARD OF GOVERNORS
L‘
Applications and Reports Received
OF THE
During the Week Ending October 8, 1994
FEDERAL R E S E R ^ ggSljffM

ACTIONS TAKEN

0 ^ GOVERNORS

TESTIMONY AND STATEMENTS
Credit availability for small and minority-owned
businesses -- statement by Governor LaWare before
the Subcommittee on Financial Institutions
Supervision, Regulation and Deposit Insurance of
the House Committee on Banking, Finance and Urban
Affairs, October 6, 1994.
Published, October 5, 1994.
BANK HOLDING COMPANIES




Bank of New York Company, Inc., New York, New York;
The Chase Manhattan Corporation; Chemical Banking
Corporation; Citicorp; Nat West Holdings, Inc.;
Fleet Financial Group, Providence, Rhode Island;
HSBC Holdings PLC, London, England; HSBC Holdings
BV, Amsterdam, The Netherlands; Marine Midland
Banks, Inc., Buffalo, New York; Banco de Santander,
S.A., Madrid, Spain; The Bank of Boston
Corporation, Boston, Massachusetts; BayBanks, Inc.;
First Fidelity Bancorporation, Lawrenceville, New
Jersey; Shawmut National Corporation, Hartford,
Connecticut; and National Westminster Bank,PLC,
London, England -- to engage in data processing and
related nonbank activities through Infinet Payment
Services, Hackensack, New Jersey.
Approved, October 3, 1994.
First National Corporation of Ardmore, Inc., Ardmore,
Oklahoma -- to acquire Bank of Love County,
Marietta, Oklahoma.
Approved, October 3, 1994.
Firstar Corporation, Milwaukee, Wisconsin -- request
for reconsideration of the Board's approval of the
application to acquire First Southeast Banking
Corp., Lake Geneva, Wisconsin.
Denied, October 4, 1994.
Peoples Bancorp, Inc., Marietta, Ohio -- to acquire
Woodsfield Savings & Loan Company, Woodsfield,
Ohio.
Approved, October 3, 1994.

H.2
OCTOBER 3, 1994
PAGE 2

TO

OCTOBER 7, 1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

Rocky Mountain Bank of Billings, Billings, Montana —
request for reconsideration of the Board's approval
of the applications to merge with five affiliated
banks, and to establish branches.
Denied, October 5, 1994.
BANKS. FOREIGN
Banque Nationale de Paris, Paris, France -- to
establish BNP Mexico Holding, Inc., Wilmington,
Delaware, and invest in BNP Mexico, Mexico City,
Mexico.
Approved, October 5, 1994.
RESERVE BANK OPERATIONS
Federal Reserve Bank of Boston -- appointment of Paul
M. Connolly as First Vice President, effective
October 3, 1994.
Approved, October 3, 1994.
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
San Francisco

Bank of America, Las Vegas, Nevada -- to establish an
automated teller machine at Piperfs Casino, Silver
Springs, Nevada.
Approved, October 7, 1994.

San Francisco

Bank of America Nevada, Las Vegas, Nevada -- to
establish an automated teller machine at the
Cleadows Mall.
Approved, October 3, 1994.

Richmond

Bank of Clarke County, Berryville, Virginia - - t o
establish a branch on Senseny Road (Route 657),
Winchester, Virginia.
Approved, October 7, 1994.

Richmond

Centura Bank, Rocky Mount, North Carolina - - t o
establish a branch at 609 Plaza Boulevard, Kinston,
North Carolina.
Approved, October 3, 1994.




H.2
OCTOBER 3, 1994
PAGE 3

TO

OCTOBER 7, 1994

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

BANK BRANCHES- DOMESTIC




Richmond

Centura Bank, Rocky Mount, North Carolina - - t o
establish a branch at 3360 Clarendon Boulevard, New
Bern, North Carolina.
Approved, October 3, 1994.

Cleveland

Fifth Third Bank, Cincinnati, Ohio -- to establish a
branch at 926 East National Road, Vandalia, Ohio.
Approved, October 7, 1994.

Chicago

First of America Bank - West Michigan, Grand Rapids,
Michigan -- to relocate its branch to 5381 Clyde
Park S.W., Wyoming, Michigan, from 5455 Clyde Park
S.W.
Returned, October 5, 1994.

Kansas City

First State Bank of Hotchkiss, Hotchkiss, Colorado -to establish a branch at 255 East Bridge Street.
Approved, October 3, 1994.

San Francisco

Home Valley Bank, Cave Junction, Oregon -- to
establish a mobile branch to operate in the
existing delineated service area of Home Valley
Bank's Grants Pass, Oregon, branch.
Approved, October 6, 1994.

Chicago

Lake Forest Bank and Trust Company, Lake Forest,
Illinois -- to establish a branch at 310 East
Scranton, Lake Bluff, Illinois.
Approved, October 3, 1994.

Cleveland

Ohio Bank, Findlay, Ohio -- to establish a branch at
125 South Main Street, Fostoria, Ohio.
Approved, October 7, 1994.

Chicago

Old Kent Bank and Trust Company, Grand Rapids,
Michigan -- to establish a branch at 2121 Raybrook
S.E., and 1450 East Fulton.
Approved, October 7, 1994.

Atlanta

United American Bank of Central Florida, Orlando,
Florida -- to establish a branch at 801 East State
Road 434.
Approved, October 7, 1994.

Chicago

Wayne Bank and Trust Company, Cambridge City, Indiana
-- to establish a branch at 2260 National Road
West, Richmond, Indiana.
Returned, October 3, 1994.

H.2
OCTOBER 3, 1994
PAGE 4

TO

OCTOBER 7, 1994

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

BANK HOLDING COMPANIES




Secretary

Am South Bancorporation, Birmingham, Alabama -- to
establish AmSouth Interim Federal Savings Bank,
Fort Oglethorpe, Georgia.
Approved, October 3, 1994.

Atlanta

Citizens Gwinett Bankshares, Inc., Duluth, Georgia -to acquire Citizens Bank of Gwinett.
Approved, October 5, 1994.

Richmond

City Holding Company, Charleston, West Virginia -- to
acquire Hinton Financial Corporation, Hinton, West
Virginia.
Approved, October 6, 1994.

Atlanta

Commercial Bancorp of Gwinett, Inc., Lawrenceville,
Georgia -- to merge with Commercial Bancorp of
Georgia, Inc., Atlanta, Georgia, and acquire
Commercial Bank of Georgia.
Approved, October 6, 1994.

Dallas

Cullen / Frost Bankers, Inc., San Antonio, Texas -registration statement.
Withdrawn, October 6, 1994.

New York

Emigrant Bancorp, Inc., New York, New York -- to
acquire Emigrant Savings Bank.
Approved, October 6, 1994.

Dallas

First Bancshares of Delaware, Inc., Wilmington,
Delaware -- to acquire First Bank of Texas,
Tomball, Texas.
Approved, October 5, 1994.

Atlanta

First Citizens Bancorp, Inc., Monroeville, Alabama -to acquire First Citizens Bank of Monroe County.
Approved, October 7, 1994.

Secretary

First Interstate Bancorp, Los Angeles, California -to become a voting member of the Star System, Inc.,
which operates an electronic fund transfer network.
Approved, October 4, 1994.

Atlanta

First Liberty Financial Corporation, Macon, Georgia - to acquire Central Banking Company, Swainsboro,
Georgia.
Approved, October 5, 1994.

H.2
OCTOBER 3, 1994
PAGE 5

TO

OCTOBER 7, 1994

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

BANK HOLDING COMPANIES




Chicago

First Mid-Illinois Bancshares, Inc., Mattoon,
Illinois -- to acquire Heartland Federal Savings
and Loan Association.
Returned, October 5, 1994.

Kansas City

First Summerfield Corporation, Summerfield, Kansas -to acquire The First National Bank of Summerfield.
Approved, October 3, 1994.

Chicago

Firstbank Corporation, Alma, Michigan -- to purchase
and assume the liabilities of the St. Charles,
Michigan, branch of Standard Federal Bank, F.S.B.,
Troy, Michigan.
Returned, October 5, 1994.

Chicago

Hawkeye Bancorporation, Des Moines, Iowa --t o
acquire certain assets and assume deposit
liabilities of the Boone, Iowa, branch of Midland
Savings Bank, FSB.
Returned, October 4, 1994.

Dallas

Healthcare International, Inc., Austin, Texas -registration statement.
Withdrawn, October 6, 1994.

Chicago

Maddox Financial, Inc., Hartford City, Indiana -- to
acquire City Savings Bank.
Approved, October 6, 1994.

St. Louis

Mark Twain Bancshares, Inc., St. Louis, Missouri, and
Mark Twain Acquisition Corp., II -- to acquire
United Kansas Bank Group, Inc., Merriam, Kansas,
and United Kansas Bank and Trust.
Approved, October 5, 1994.

Philadelphia

Meridian Bank, Reading, Pennsylvania - - t o engage in
commercial finance activities through Meridian
Finance Company, Inc.
Approved, October 7, 1994.

H.2
OCTOBER 3, 1994
PAGE 6

TO

OCTOBER 7, 1994

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

BANK HOLDING COMPANIES




Richmond

NationsBank Corporation, Charlotte, North Carolina,
and NB Holdings Corporation -- to merge with RHNB
Corporation, Rock Hill, South Carolina.
Approved, October 7, 1994.

Dallas

Northeast Bancshares, Inc., Mesquite, Texas -- to
acquire Northeast Bancshares-Delaware, Inc.,
Wilmington, Delaware, and Northeast National Bank,
Mesquite, Texas.
Approved, October 5, 1994.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
acquire American Republic Bancshares, Inc., Belen,
Minnesota.
Approved, October 7, 1994.

Chicago

N.S. Bancorp, Inc., Chicago, Illinois -- to acquire
Northwestern Savings Bank, and 5 percent of
Firstfed Bancshares, Des Plaines, Illinois, and
engage in lending activities.
Returned, October 7, 1994.

Dallas

Olney Bancorp of Delaware, Inc., Wilmington, Delaware
-- to acquire Breckenridge Bancshares, Inc.,
Breckenridge, Texas, and Citizens National Bank of
Breckenridge.
Approved, October 4, 1994.

Dallas

Olney Bancshares, Inc., Olney, Texas -- to acquire
Breckenridge Bancshares, Inc., Breckenridge, Texas,
and Citizens National Bank of Breckenridge.
Approved, October 4, 1994.

Dallas

Olney Bancshares of Texas, Inc., Olney, Texas -- to
acquire Breckenridge Bancshares, Inc.,
Breckenridge, Texas, and Citizens National Bank of
Breckenridge.
Approved, October 4, 1994.

Minneapolis

Otto Bremer Foundation, St. Paul, Minnesota, and
Bremer Financial Corporation -- to engage in
lending and leasing activities.
Returned, October 7, 1994.

H.2
OCTOBER 3, 1994
PAGE 7

TO

OCTOBER 7, 1994

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

BANK HOLDING COMPANIES
Dallas

Thirdtier, Inc., Wilmington, Delaware -- to acquire
Breckenridge Bancshares, Inc., Breckenridge, Texas,
and Citizens National Bank of Breckenridge.
Approved, October 4, 1994.

Chicago

Town Financial Corporation, Hartford City, Indiana -to acquire Maddox Financial, Inc., and City Savings
Bank.
Approved, October 7, 1994.

Atlanta

Trustmark Corporation, Jackson, Mississippi -- to
acquire Deville 1991 Limited Partnership,
Vicksburg, Mississippi, and engage in community
development activities.
Approved, October 4, 1994.

BANK MERGERS
Richmond

FCNB Bank, Frederick, Maryland -- to acquire certain
assets and assume certain liabilities of the
Damascus Center branch, Damascus, Maryland, of The
Bank of Baltimore, Baltimore, Maryland, and to
establish a branch.
Approved, October 6, 1994.

San Francisco

Valliwide Bank (formerly Bank of Fresno) Fresno,
California -- to merge with Bank One, Fresno,
National Association, and to establish branches.
Returned, October 3, 1994.

BANK PREMISES




Kansas City

First Bank of Haskell, Haskell, Oklahoma -investment in bank premises.
Approved, October 3, 1994.

Chicago

State Bank of Howards Grove, Howards Grove, Wisconsin
” investment in bank premises.
Returned, October 4, 1994.

H.2
OCTOBER 3, 1994
PAGE 8

TO

OCTOBER 7, 1994

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

CAPITAL STOCK
Dallas

First Groesbeck Holding Company, Groesbeck, Texas -redemption of shares.
Approved, October 4, 1994.

CHANGE IN BANK CONTROL
Minneapolis

Commercial Bank of Mott, Mott, North Dakota -- change
in bank control.
Returned, October 3, 1994.

Atlanta

FNS Bancshares, Inc., Scottsboro, Alabama -- change
in bank control.
Permitted, October 7, 1994.

Chicago

Mid-America National Bancorp, Inc., Chicago, Illinois
-- change in bank control.
Returned, October 6, 1994.

COMPETITIVE FACTORS REPORTS




New York

Banco Santander Puerto Rico, San Juan, Puerto Rico,
proposed purchase of the assets and assumption of
the liabilities of Santander National Bank,
Bayamon, Puerto Rico -- report on competitive
factors.
Submitted, October 4, 1994.

Chicago

Bank of Alma, Alma, Michigan, proposed purchase of
the assets and assumption of the liabilities of the
St. Charles, Michigan, branch of Standard Federal
Bank, F.S.B., Troy, Michigan -- report on
competitive factors.
Submitted, October 6, 1994.

Philadelphia

Bank of Baltimore, Baltimore, Maryland, proposed
merger with First Fidelity Bank, National
Association, Elktort, Maryland -- report on
competitive factors.
Submitted, October 3, 1994.

V

Chicago

Citizens National Bank of Boone-Stratford, Boone,
Iowa, proposed purchase of the assets and
assumption of the liabilities of the Boone, Iowa,
office of Midland Savings Bank, FSB, Des Moines,
Iowa -- report on competitive factors.
Submitted, October 5, 1994.

H.2
OCTOBER 3, 1994
PAGE 9

TO

OCTOBER 7, 1994

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

COMPETITIVE FACTORS REPORTS




Richmond

Co-operative Savings Bank, FSB. Lynchburg, Virginia,
proposed purchase of the assets and assumption of
the liabilities of the Danville, Virginia, branch
of Charter Federal Savings Bank, FSB, Bristol,
Virginia -- report on competitive factors.
Submitted, October 3, 1994.

Atlanta

Colonial Bank, Montgomery, Alabama, proposed purchase
of certain assets and assumption of the deposit and
certain other liabilities of Brundidge Banking
Company, Inc., Brundidge, Alabama -- report on
competitive factors.
Submitted, October 5, 1994.

Cleveland

Columbus National Bank, Quaker City, Ohio, proposed
purchase of certain assets and assumption of
certain liabilities of Buckeye Savings Bank,
Bellaire, Ohio -- report on competitive factors.
Submitted, October 7, 1994.

Chicago

Farmers Savings Bank, Vincent, Iowa, proposed merger
with FS State Bank -- report on competitive
factors.
Submitted, October 5, 1994.

Chicago

First of America Bank-Illinois, National Association,
Peoria, Illinois -- proposed merger with First of
America Bank-Northeast Illinois, National
Association, Libertyville; First of America BankMetro Southwest, National Association, Kankakee;
First of America Bank-North Central Illinois,
National Association, Rockford; First of America
Bank-Champion, National Association, Bloomington;
First of America Bank-Champaign, National
Association, Champaign; First of America BankDecatur, National Association, Decatur; First of
America Bank-Springfield, National Association,
Springfield, and First of America Bank-Quad Cities,
National Association, Rock Island, Illinois -report on competitive factors.
Submitted, October 5, 1994.

H.2

OCTOBER 3, 1994
PAGE 10

TO

OCTOBER 7, 1994

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

COMPETITIVE FACTORS REPORTS




Chicago

First of America Bank-Indiana, Indianapolis, Indiana,
proposed merger with First of America BankNorthwest Indiana, N.A., LaPorte, Indiana -- report
on competitive factors.
Submitted, October 5, 1994.

Kansas City

First Security Bank, Beaver, Oklahoma, proposed
acquisition of the assets and assumption of the
liabilities of the Beaver branch of Bank IV,
Beaver, Oklahoma -- report on competitive factors.
Submitted, October 4, 1994.

Chicago

Firstar Bank Madison, National Association, Madison,
Wisconsin, proposed merger with Firstar Bank
Portage, Portage, Wisconsin -- report on
competitive factors.
Submitted, October 5, 1994.

Atlanta

Hancock Bank of Louisiana, Baton Rouge, Louisiana,
proposed merger with Washington Bank and Trust
Company, Franklinton, Louisiana -- report on
competitive factors.
Submitted, October 3, 1994.

Chicago

Kankakee Federal Savings Bank, Kankakee, Illinois,
proposed purchase of the assets and assumption of
the liabilities of the Hoopeston, Illinois, branch
of Household Bank, FSB, Newport Beach, California - report on competitive factors.
Submitted, October 5, 1994.

St. Louis

Mercantile Bank of Springfield, Springfield,
Missouri, proposed merger with Mercantile Bank of
Table Rock Lake, Branson West, Missouri -- report
on competitive factors.
Submitted, October 4, 1994.

Boston

Norwich Savings Society, Norwich, Connecticut,
proposed merger with the Mystic Bank, Inc., New
London, Connecticut -- report on competitive
factors.
Submitted, October 6, 1994.

H.2
OCTOBER 3, 1994
PAGE 11

TO

OCTOBER 7, 1994

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

COMPETITIVE FACTORS REPORTS




Chicago

Pella National Bank, Pella, Iowa, proposed merger
with Taintor Savings Bank, New Sharon, Iowa -report on competitive factors.
Submitted, October 6, 1994.

Chicago

Peoples Bank & Trust of Pana, Pana, Illinois,
proposed purchase of the assets and assumption of
the liabilities of the Altamont, Illinois, branch
of Household Bank, F.S.B., Newport Beach,
California -- report on competitive factors.
Submitted, October 6, 1994.

Atlanta

PNC Trust Company of Florida, Vero Beach, Florida,
proposed acquisition of Indian River, FSB, Vero
Beach, Florida -- report on competitive factors.
Submitted, October 3, 1994.

Atlanta

Regions Bank of Louisiana, Baton Rouge, Louisiana,
proposed merger with Guaranty Bank and Trust
Company; Bank of New Roads, New Roads; and First
American Bank and Trust of Louisiana, Monroe,
Louisiana -- report on competitive factors.
Submitted, October 6, 1994.

Chicago

State Bank of Woodstock, Woodstock, Illinois,
proposed purchase of the assets and assumption of
the liabilities of the Woodstock branch of Home
Federal Savings and Loan Association of Elgin,
Elgin, Illinois -- report on competitive factors.
Submitted, October 5, 1994.

Atlanta

Union Interim Bank, Montgomery, Alabama, proposed
merger with Union Bank and Trust Company -- report
on competitive factors.
Submitted, October 6, 1994.

San Francisco

United Federal Bank, FSB, Tucson, Arizona, proposed
purchase of certain assets and assumption of
certain liabilities of one branch in Tucson, of
Washington Federal Savings and Loan Association,
Seattle, Washington -- report on competitive
factors.
Submitted, October 6, 1994.

H.2

OCTOBER 3, 1994
PAGE 12

TO

OCTOBER 7, 1994

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

COMPETITIVE FACTORS REPORTS
Chicago

Wauconda National Bank and Trust Company, Wauconda,
Illinois, proposed merger with First National Bank
of Crystal Lake, Crystal Lake, Illinois -- report
on competitive factors.
Submitted, October 5, 1994.

Dallas

Yoakum National Bank, Yoakum, Texas, proposed merger
with Interim Yoakum Bank -- report on competitive
factors.
Submitted, October 5, 1994.

EXTENSIONS OF TIME




Atlanta

Branford State Bank, Branford, Florida -- extension
to January 22, 1995, to become a member of the
Federal Reserve System.
Granted, October 7, 1994.

Dallas

Central Delaware Financial Bancorp, Inc., Dover,
Delaware -- extension to November 11, 1994, to
acquire Bank of Troy. Troy, Texas.
Granted, October 3, 1994.

Dallas

Central Financial Bancorp, Inc., Lorena, Texas -extension to November 11, 1994, to acquire Bank of
Troy, Troy, Texas.
Granted, October 3, 1994.

Cleveland

Farmers BankCorp, Nicholasville, Kentucky -extension to January 8, 1995, to engage de novo in
consumer finance activities through Farmers
Financial Credit Company.
Granted, October 5, 1994.

Atlanta

Levy County State Bank, Chiefland, Florida -extension to January 7, 1995, to become a member of
the Federal Reserve System.
Granted, October 7, 1994.

Atlanta

Southwest Banks, Inc., Naples, Florida -- extension
to January 7, 1995, to acquire Cape Coral National
Bank, Cape Coral, Florida.
Granted, October 7, 1994.

H.2
OCTOBER 3, 1994
PAGE 13

TO

OCTOBER 7, 1994

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

MEMBERSHIP




Atlanta

Farmers and Merchants Bank, Forest, Mississippi -- to
become a member of the Federal Reserve System.
Approved, October 6, 1994.

Chicago

Fifth Third Bank of Central Indiana, Indianapolis,
Indiana -- to become a member of the Federal
Reserve System.
Returned, October 3, 1994.

Chicago

Fifth Third Bank of Southeastern Indiana, Batesville,
Indiana -- to become a member of the Federal
Reserve System.
Returned, October 3, 1994.

Kansas City

Heritage Bank of St. Joseph, St. Joseph, Missouri -to become a member of the Federal Reserve System.
Approved, October 4, 1994.

Chicago

NBD Bank, Detroit, Michigan -- to become a member of
the Federal Reserve System.
Returned, October 4, 1994.

H.2
OCTOBER 3, 1994
PAGE 14

ADDITIONS AND CORRECTIONS
TO

OCTOBER 7, 1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK MERGERS
Rocky Mountain Bank of Billings, Billings, Montana -request for reconsideration of the Board's approval
of the applications to merge with five affiliated
banks, and to establish branches.
Denied, October 5, 1993.

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

EXTENSIONS OF TIME
Atlanta

Farmers and Merchants Bank of Trenton, Trenton,
Florida -- extension to January 7, 1995, to become
a member of the Federal Reserve System.
Granted, January 7, 1994.

REGULATIONS AND POLICIES




Secretary
FOMC

Federal Open Market Committee -- minutes of the
meeting on August 16, 1994.
Published, September 30, 1994.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS

Application

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date
NONE

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

Comment Period Ending Date

Benjamin Franklin Bancorp,
M .H .C . Franklin,
,
Massachusetts - 3 ( a ) (1)
application to acquire
Benjamin Franklin Savings
Bank, Franklin, Massachusetts*

Newspaper

Not Yet Established

Federal Register

Not Yet Established

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

Institution

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Examination Date
Rating**

NONE
*Subject to CRA.
**Rating Definitions:
"0" - 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___________
The Bank for Foreign Trade of the Russian Federation,
Moscow, Russia, to establish a respentative office in
New York, New York.

N/A

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
Application by Banco Santander, S.A., Madrid,
Spain ("Santander"), and its wholly-owned subsidiary
FFB Participacoes, S.A., Funchal, Portugal
("Participates") , (1) for Santander to transfer
from Santander to Participacoes all of Santander's
shares of common stock of First Fidelity Bancorporation,
Lawrenceville, New Jersey ("FF Bancorporation"); and
(2) for Participacoes to purchase additional shares of
common stock of FF Bancorporation. Upon consummation,
Santander will indirectly own up to 30 percent of the
outstanding shares of FF Bancorporation.1/

11/07/94 3/

NSB Holding Corp., Staten Island, New York,
to become a mutual holding company with respect
to Interim Savings Bank, Staten Island, New York,
the successor by conversion to Northfield Savings
Bank, Staten Island, New York, a mutual savings
Bank. Interim Savings Bank will change its name
to Northfield Savings Bank after the mutual holding
company formation transaction.!/

10/31/94 3/

SECTION III
Nonbanking Applications
(subject .t .Federal Register Notice Only)
o
None.
SECTION IV
Applications Not Involving
______ Public Comment______

None.




SECTION V
Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending October 8. 1994
NAME OF BANK

RATING

EXAMINATION DATE

None.

1/
2/
3/
4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Meridian Bank., Reading, Pennsylvania requests permission to establish a remote service
facility (RSF) to be located at Genuardi Supermarket, Spring City Shopping Center, 55
east Bridge Street, Spring, PA.
Expedited procedures.
Newspaper comment period:

10/31/94

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
Hal Jonathan Shaffer, Carl A. Lingle, and Jerome S. Goodman request approval to
acquire up to 95.4% of First Bank of Philadelphia, Philadelphia, Pennsylvania, pursuant
to the Change in Bank Control Act.
Fed. Reg. Comment period:
Newspaper comment period:

10/26/94
N. Avail

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
None
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OF NEWSPAPER NOTICE
None
1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending October 7, 1994.
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:

institution's

CRA

Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities•
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and sx>derate-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 9, 1994)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Received application from Summit Bank,
Fairlawn, Ohio, on September 7, 1994 to
become a member of the Federal Reserve System

* October 10, 1994

Received notice of intent from Fifth Third Bank
of Western Ohio to establish a Customer-Bank
Communications Terminal ("CBCT") at 3000 West
Elm Street, Lima, Ohio.

* October 31, 1994

Received applications from Integra Bank,
Pittsburgh, PA to establish remote service
facilities ("CBCT") at 661 Lincoln Avenue,
Bellevue, PA; 1130 Highwood Street,
Pittsburgh, PA; and 4714 McKnight Road,
Ross Township, PA.

* November 4, 1994

Received application from Orrville Savings
Bank, Orrville, Ohio to establish a CBCT
at Wayne College, University of Akron,
1901 Smucker Road, Orrville, Ohio.

* November 3, 1994

Received application from Integra Bank,
Pittsburgh, PA to establish branch facility
in Oakdale and Pittsburgh, PA.
Received application from Chippewa Walley
Bank, Rittman, OH to establish branch facility
in Westerfield Center, OH.

* October 16, 1994

October 14, 1994

* - Subject to CRA
N - Newspaper Comment Period
F - Federal Register Comment Period
# - Expected to end approximately 30 days from date of application’s receipt
## - Expected to end approximately 18 days from date of application’s receipt




APPLICATIONS BULLETIN
(For the week ending October 9, 1994)

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

Received Section 3(a)(3) application from Mid Am.,
Inc., Bowling Green, Ohio, on September 22, 1994,
to acquire ASB Bankcorp, Inc., Adrian, Michigan.

* Not Yet Known #

Received application from Community First
Financial, Inc., Maysville, KY to acquire
Grant Bancshares, Inc., Dry Ridge, KY

* October 30, 1994

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

Received Section 4(c)(8) application from Gilmor
Financial Services, Inc., Old Fort, Ohio, to acquire
Old Fort Real Estate Company, Old Fort, Ohio.

Withdrawn

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
# - Expected to end approximately 30 days from date of application’s receipt
## - Expected to end approximately 18 days from date of application’s receipt




AVAILABILITY OF CRA PUBLIC EVALUATIONS
(October 8, 1994)

The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended October 8,
1994. If you are interested in obtaining a copy of an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including
low- and 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 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.
The Citizens Commercial Bank & Trust Co.
225 North Main Street
Celina, Ohio 45822
(419) 586-5121
Rating: Outstanding
Exam Date: June 28, 1994




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Centura Bank, Rocky Mount, North Carolina, to
establish a branch at 164 South Washington
Street, Rocky Mount, North Carolina.*

10-16-94

Greenwood Bank & Trust, Greenwood, South
Carolina, to establish a branch at 202 North
West Main Street, Ninety Six, South Carolina.*

10-28-94

The George Mason Bank, Fairfax, Virginia, to
establish a branch at 4501 Daly Drive, Chantilly,
Virginia.*

10-29-94

F & M Bank-Massanutten, Harrisonburg, Virginia,
to merge with F & M Bank-Broadway, Broadway,
Virginia.*

10-31-94

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

Comment Period Ending Date

NationsBank Corporation, Charlotte, North
Carolina, to acquire Consolidated Bank,
N.A., Hialeah, Florida.*

10-24-94**

BB&T Financial Corporation, Wilson, North
Carolina, to merge with Southern National
Corporation, Lumberton, North Carolina.*

10-27-94

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
None.

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




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending October 7, 1994

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

Examination
Date____

Rating

Central Virginia Bank
Route 60 and Flatrock
Powhatan, Virginia 23139-9271

7-11-94

Satisfactory

Commercial and Farmers Bank
8593 Baltimore National Pike
Ellicott City, Maryland 21043-4202

7-18-94

Satisfactory

First Sentinel Bank
315 Railroad Avenue
Richlands, Virginia

7-25-94

Satisfactory




24641-2448

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 7. 1994
Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Intervest Bank
10-24-94*
Clearwater, Florida
To establish a branch located at 2175 Nursery Road, Clearwater,
Florida, to be known as the Nursery Road Banking Center.
Intervest Bank
10-24-94*
Clearwater, Florida
To establish a branch located at 606 Chestnut Street, Clearwater,
Florida, to be known as the Chestnut Street Banking Center.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

First Commerce Corporation
10-28-94*
New Orleans, Louisiana
Federal Register
To merge with First Bancshares, Inc., Slidell, Louisiana, and
thereby directly acquire its subsidiary, First Bank, Slidell,
Louisiana, pursuant to Section 3 ( a ) (5) of the Bank Holding Company
Act.
First Commerce Corporation
10-28-94*
New Orleans, Louisiana
Federal Register
To merge with City Bancorp, Inc., New Iberia, Louisiana, and
thereby directly acquire its subsidiary, City Bank & Trust Company,
New Iberia, Louisiana, pursuant to Section 3(a) (5) of the Bank
Holding Company A c t .
New Prosperity Banking Corporation
Not yet available*
St. Augustine, Florida
1-BHC formation,
Prosperity Banking Company,
St. Augustine,
Florida, and its subsidiary, The Prosperity Bank of St. Augustine,
St. Augustine, Florida.




Section 3 - Applications Subject to Federal Register Only
Application

Comment Period Ending Date

Lowndes Bancshares, Inc.
11-04-94
Valdosta, Georgia
For its subsidiary, Goldleaf Technologies, Inc., Georgia, to expand
its data processing and transmission services to Puerto Rico and
Panama, pursuant to Section 4(c) (8) of the Bank Holding Company Act
and Section 225.25(b)(7) of Regulation Y.
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Synovus Financial Corp.
Columbus, Georgia
Commitment waiver request.
*

*Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 7. 1994
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week.
Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:

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

Rating

Date

Banco Central
Outstanding
HispanoAmericano
701 Brickell Avenue
Suite 2410
Miami, Florida
33131-2914
(305)373-0739

07-06-94

Swiss Bank Corporation
701 Brickell Avenue
Suite 3250
Miami, Florida 33131
(305)375-0110

07-13-94




Outstanding

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 7. 1994
Section 10 - Availability of CRA Public Evaluations
Banco Do Brasil, S.A.
Outstanding
One Biscayne Tower
Suite 3250
2 South Biscayne Boulevard
Miami, Florida 33131
Bank of St. Petersburg
Pasadena Avenue South
St. Petersburg, Florida
(813)347-3132
United Citizens Bank
of Alachua County
1010 South Highway 441
Alachua, Florida 32615
(904)462-5983
Banco de la Nacion
Argentina
777 Brickell Avenue
Suite 802
Miami, Florida 33131
(305)371-7500

Satisfactory

07-21-94

07-27-94

33707
Satisfactory

07-27-94

Outstanding

07-28-94

Atlantic Security Bank
801 Brickell Avenue
Penthouse 11-A
Miami, Florida 33131
(305)372-0762

Outstanding

07-27-94

Banco Boliviano
Americano, SA
777 Brickell Avenue
Suite 1201
Miami, Florida 33131
(305)372-8838

Outstanding

07-01-94




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

Comment Period
Ending Date

Type

Application

Merger

First Bank North
Freeport, Illinois
DeKalb, Illinois branch of
Home Federal Savings & Loan Association
Elgin, Illinois

Branch
relocation

First of America Bank-North Michigan
N - **
Grand Traverse, Michigan
from 401 Bay Street to 212 Mitchell Street
Petoskey, Michigan

Branch

First of America Bank-West Michigan
Grand Rapids, Michigan
347 South Division Avenue
Grand Rapids, Michigan

N - **

Branch
relocation

First of America Bank - West Michigan
Grand Rapids, Michigan
from 5455 Clyde Park S.W. to
5381 Clyde Park S.W.
Wyoming, Michigan

N - **

Branch

First Bank of Berne
Berne, Indiana
102 W. Main Street
Berne, Indiana

N - 10-20-94

Branch

Wayne Bank and Trust Company
Cambridge City, Indiana
2260 National Road West
Richmond, Indiana

N - 10-1-94

Branch

Harris Trust and Savings Bank
Chicago, Illinois
901 East 47th Street
Chicago, Illinois

N - 10-22-94

Merger

First of America Bank - West Michigan
N
Grand Rapids, Michigan
Grand Rapids, Michigan branch of
Great Lakes Bancorp, A Federal Savings Bank
Ann Arbor, Michigan

Branch

Cole Taylor Bank
Chicago, Illinois
Broadview Village Square Shopping Center
17th Avenue & Cermak Road
Broadview, Illinois




N

- 10-24-94

- **

N - **

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

Comment Period
Endinc Date

-Type

Application

Member

Foxdale Bank (in organization)
N - **
South Elgin, Illinois
to become a member of the Federal Reserve System




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

Type

Application

Y-l

N.S. Bancorp, Inc
Chicago, Illinois
Northwestern Savings Bank
Chicago, Illinois*

FR
NP

9-27-94

CoC-HC

Lamoine Bancorp, Inc.
LaHarpe, Illinois
by Charles W. Morrison

FR
NP

10-5-94
**

CoC-HC

State Center Financial,
Inc.
State Center, Iowa
by Craig H. Haesemeyer

FR
NP

10-17-94
**

Y-l

Bellevue State Bank Employee Stock
Ownership Plan
Bellevue, Iowa
Bellevue Service Company
Bellevue, Iowa*

FR
NP

10-21-94
10-15-94

Y-2

Bellevue Service Company
Bellevue, Iowa
Bellevue State Bank
Bellevue, Iowa

FR
NP

10-21-94
10-15-94

Y-2

Principal National Bancorp, Inc.
Pontiac, Illinois
Home Guaranty Savings Association
Piper City, Illinois*

FR
NP

10-17-94
10-13-94

CoC-HC

Munter Agency, Inc.
Strawberry Point, Iowa
by Raymond J. Schirmer, Richard J. Foust
& Robert L. Foust

FR
NP

10-17-94
10-12-94

Y-l

C.B. Bank Shares, Inc.
FR
Russiaville, Indiana
NP
Central Bank (formerly Central National Bank
of Howard County)
Russiaville, Indiana*

Y-l

Mediapolis Bancorporation
Mediapolis, Iowa
Mediapolis Savings Bank
Mediapolis, Iowa*

FR
NP

**
**

CoC-HC

Easter Enterprises,
Altoon, Iowa
by Jack Easter

FR
NP

* *




Inc.

**

11-4-94
10-26-94

**

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

Type

Application

Y-l

Raritan State Bancorp,
Raritan, Illinois
Raritan State Bank
Raritan, Illinois*

CoC-HC

Mid Illinois Bancorp, Inc.
Peoria, Illinois
Mid Illinois Bancorp, Inc. Employee Stock
Ownership Plan
Peoria, Illinois

FR
NP

Y- 2

Pinnacle Banc Group, Inc.
Oak Brok, Illinois
Acorn Financial Corp.
Oak Park, Illinois
Suburban Trust & Savings Bank
Oak Park, Illinois*

FR - 10-24-94
NP - 10-08-94

Y- 2

Amcore Financial, Inc
Rockford, Illinois
NBA Holding Company
Aledo, Illinois
Bank of Aledo
Aledo, Illinois*

FR - 10-24-94
NP - 10-20-94




Inc.

FR - 10-20-94
NP - 10-14-94

10-5-94
8-31-94

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

Type

Application

Y-2

Firstar Corporation
FR - 10-31-94
Milwaukee, Wisconsin
N
- **
First Colonial Bankshares Corporation
Chicago, Illinois
Hi-Bancorp, Inc.
Highwood, Illinois
GNP Bancorp, Inc.
Mundelein, Illinois
First Colonial/York, Inc.
Chicago, Illinois
All American Bank of Chicago
Chicago, Illinois
Avenue Bank of Oak Park
Oak Park, Illinois
Colonial Bank
Chicago, Illinois
Community Bank and Trust Company of Edgewater
Chicago, Illinois
First Colonial Bank of Downers Grove
Downers Grove, Illinois
First Colonial Bank of Dupage County
Naperville, Illinois
First Colonial Bank of Lake County
Vernon Hills, Illinois
First Colonial Bank of McHenry County
Crystal Lake, Illinois
First Colonial Bank Northwest
Niles, Illinois
First Colonial Bank/Rosemont
Rosemont, Illinois
First Colonial Bank Southwest
Burbank, Illinois
Fox Lake State Bank
Fox Lake, Illinois
Michigan Avenue National Bank of Chicago
Chicago, Illinois
Northlake Bank
Northlake, Illinois
York State Bank
Elmhurst, Illinois
First Colonial Bank-Mundelein
Mundelein, Illinois
First Colonial Bank-Highwood
Highwood, Illinois*




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

Type

Application

Y-2

Firstar Corporation of Illinois
FR - 10-31-94
Milwaukee, Wisconsin
N
- **
First Colonial Bankshares Corporation
Chicago, Illinois
Hi-Bancorp, Inc.
Highwood, Illinois
GNP Bancorp, Inc.
Mundelein, Illinois
First Colonial/York, Inc.
Chicago, Illinois
All American Bank of Chicago
Chicago, Illinois
Avenue Bank of Oak Park
Oak Park, Illinois
Colonial Bank
Chicago, Illinois
Community Bank and Trust Company of Edgewater
Chicago, Illinois
First Colonial Bank of Downers Grove
Downers Grove, Illinois
First Colonial Bank of Dupage County
Naperville, Illinois
First Colonial Bank of Lake County
Vernon Hills, Illinois
First Colonial Bank of McHenry County
Crystal Lake, Illinois
First Colonial Bank Northwest
Niles, Illinois
First Colonial Bank/Rosemont
Rosemont, Illinois
First Colonial Bank Southwest
Burbank, Illinois
Fox Lake State Bank
Fox Lake, Illinois
Michigan Avenue National Bank of Chicago
Chicago, Illinois
Northlake Bank
Northlake, Illinois
York State Bank
Elmhurst, Illinois
First Colonial Bank-Mundelein
Mundelein, Illinois
First Colonial Bank-Highwood
Highwood, Illinois*




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

Type

Application

Y-l

Raddatz Family Limited Partnership
Chicago, Illinois
East Side Financial, Inc.
Chicago, Illinois
East Side Savings Bank
Chicago, Illinois

Y -1

Foxdale Bancorp, Inc.
South Elgin, Illinois
Foxdale Bank (in organization)
South Elgin, Illinois*

Y -2

Greatbanc, Inc.
FR
Aurora, Illinois
Greatbank
Algonquin, Illinois--to reactivate a charter**

Y-1

Ogden Bancshares, Inc.
Ogden, Iowa
City State Bank
Ogden, Iowa*

FR - **
N
**

Y -2

FBOP Corporation
Oak Park, Illinois
Citizens National Bank
Teaque, Texas*

FR - **
N
- 10-23-94

CoC-HC

Mid-America National Bancorp,
Chicago, Illinois
Harold P. O'Connell, Jr.

Y-2

Coal City Corporation
Coal City, Illinois
Peterson Bank
Chicago, Illinois*

FR - **
N
**

Y-2

Manufacturers National Corporation
Chicago, Illinois
Peterson Bank
Chicago, Illinois*

FR
N




Inc.

FR - 10-19-94
N
- 10-26-94

FR
N

- 10-31-94
**

10-28-94

FR
10-31-94
N
- **

**
★*

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

Comment Period
Ending Date

Tvoe

Application

Y-4

First of America Bank Corporation
FR - 10-7-94
Kalamazoo, Michigan
N
- 10-17-94
F & C Bancshares, Inc.
Murdock, Florida
First Federal Savings Bank of Charlotte County
Murdock, Florida

Y-4

First of America Bank Corporation
Kalamazoo, Michigan
First of America Securities, Inc
Kalamazoo, Michigan

FR - 10-3-94

Y-4

First of America Bank Corporation
Kalamazoo, Michigan
Presidential Holding Corporation
Sarasota, Florida
Presidential Bank, FSB
Sarasota, Florida

FR - 10-21-94
NP - 10-17-94

SMB-OT

FR - **
First Bank North
Freeport, Illinois
to become a limited partner in a community
development project for low/moderate income
housing

Y-4

Chadwick Bancshares, Inc.
Chadwick, Illinois
Community Insurance, Inc.
Miles, Iowa

Y-4

Northwest Financial Corp.
FR - **
Spencer, Iowa
James Mortgage Corporation
Des Moines, Iowa - making & servicing loans

Y-4

Castle BancGroup, Inc.
DeKalb, Illinois
First National Bank in DeKalb
DeKalb, Illinois

4 ( c ) (8)

Alpha Financial Group, Inc.
FR - **
Minonk, Illinois
to engage brokerage activities in the sale of mutual
funds through Alpha Financial Insurance Services, Inc.,
Toluca, Illinois




FR - **

FR - **

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

Type

Application

Y-4

Bellevue State Bank Employee Stock
Ownership Plan
Bellevue, Iowa
to engage in insurance activities thru
Bellevue insurance agency

FR - 10-21-94

4c8

D & TC, Inc.
New Hampton, Iowa
to engage de novo in making and servicing
of loans

FR - 10-4-94

4c8

Maple Park Bancshares, Inc.
Maple Park, Illinois
to engage de novo in the servicing of
mortgage loans

FR - 10-6-94

4c8

IBT Bancorp, Inc.
FR - 10-17-94
M t . Pleasant, Michigan
IBT Financial Services, Inc.
M t . Pleasant, Michigan
to engage de novo in securities brokerage services

4c8

Northern Bankshares, Inc.
FR - 10-17-94
McFarland, Wisconsin
intends to participate in overline loans by
expanding its scope in the activity of making &
servicing loans

4c8

Huxley Bancorp
FR - 10-18-94
Huxley, Iowa
making & servicing loans through participation
in a one year revolving line of credit overline with
its subsidiary, First State Bank

Y-4

First Busey Corporation
Urbana, Illinois
First Busey Securities,
Urbana, Illinois




FR
Inc.

9-30-94

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Continued
Ending Date

Type

Application

Y-4

NBD Bancorp, Inc.
Detroit, Michigan
Amerifed Financial Corp.
Joliet, Illinois
Amerifed Bank, F.S.B.
Joliet, Illinois

FR - 10-20-94
N
- 10-5-94

Y-4

NBD Illinois, Inc.
Detroit, Michigan
Amerifed Financial Corp.
Joliet, Illinois
Amerifed Bank, F.S.B.
Joliet, Illinois

FR - 10-20-94
N
- 10-5-94

Y-4

Firstar Corporation
Milwaukee, Wisconsin
Bankerstech, Inc.
Chicago, Illinois
First Colonial Mortgage Corporation
Elmhurst, Illinois
First Colonial Trust Company
Oak Park, Illinois
Midstates Financial Corporation
Schaumburg, Illinois

FR - 10-31-94

Y-4

Firstar Corporation of Illinois
Milwaukee, Wisconsin
Bankerstech, Inc.
Chicago, Illinois
First Colonial Mortgage Corporation
Elmhurst, Illinois
First Colonial Trust Company
Oak Park, Illinois
Midstates Financial Corporation
Schaumburg, Illinois

FR - 10-31-94

4 ( C ) (8)

Manteno Bancshares, Inc.
FR - **
Manteno, Illinois
Manteno Bancshares Community Development Corporation
Manteno, Illinois

4 (c) (8)

Old Kent Financial Corporation
FR - 10-31-94
Grand Rapids, Michigan
CDC--to invest in low income housing projects




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

Application

RoS

Munter Agency, Inc.
Strawberry Point, Iowa
to redeem 3,879 shares of existing voting common stock

RoS

State Center Financial, Inc.
State Center, Iowa
to redeem 19,300 shares of its common stock from
Susan & James Jorgensen

RoS

Citizens Corporation
Corydon, Iowa
to redeem 142 shares of its common stock & 1,724
shares of its preferred stock

RoS

Easter Enterprises, Inc.
Altoona, Iowa
to redeem 4,616 shares of its common stock

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA. The 30-day business day period
the bank has to make the evaluation public has lapsed during the week ending
October 7, 1994. If you are interested in obtaining a copy of the evaluation
document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of
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 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 wich its resources and capabilities.
BANK NAME/LOCATION
-Bank One, Peoria
124 SW Adams Street
Peoria, Illinois
61602
(309) 672-6123




EXAMINATION DATE

6/27/94

RATINGS

0

FEDERAL RESERVE BANK OF 8 T .

LO U IS

FOR THE WEEK ENDING OCTOBER 7, 1994

Application

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

★Section 9 application by First Community Bank,
Conway, Arkansas, to establish a branch office
in Conway, Arkansas.

Application

Newspaper: 10/30/94

SECTION II - APPLICATIONS SPBJECT TO BOTH
NEWSPAPER M P FEPgRMe M B B I g m MffgfiK
End of Comment Period

★Section 3(a)(3) application by CNB Bancshares,
Inc., Evansville, Indiana, to acquire Harrisburg
Bancshares, Inc., Harrisburg, Illinois.

Newspaper: 11/2/94

★Section 3(a)(1) application by HBI Acquisition
Company, Evansville, Indiana, to become a bank
holding company by acquiring Harrisburg
Bancshares, Inc., Harrisburg, Illinois.

Newspaper: 11/2/94

★Section 3(a)(3) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri, to
acquire Worthen Banking Corporation, Little Rock,
Arkansas.

Newspaper: 11/4/94

Application

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
End of Comment Period

Section 4(c)(8) application by Boatmen's
Bancshares, Inc., St. Louis, Missouri, to acquire
National Mortgage Company, Memphis, Tennessee, and
to engage in the activities of making and servicing
loans; insurance agency and underwriting; and
financial advice and appraisal services.

Not yet available

Section 4(c)(8) applications by Boatmen's
Bancshares, Inc., St. Louis, Missouri, to
acquire Worthen Trust Company, Little Rock,
Arkansas, and Consumer Protective Life Insurance
Company, Little Rock, Arkansas, and engage,
respectively, in trust and insurance activities.

Not yet available




SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE (Continued1
)
Application
End of Comment Period
Section 4(c)(8) notification by National
City Bancshares, Inc., Evansville, Indiana,
to engage de novo in leasing real and
personal property through NCBE Leasing Corp,
Evansville, Indiana (previously reported
during week ending September 23, 1994).

Fed. Reg.: 10/17/94

Section 4(c)(8) notification by CNB
Bancshares, Inc., Evansville, Indiana,
to engage de novo in community development
activities through a 19.8% limited partnership
interest in Shelbyville High Apartments, Ltd.
Partnership, Shelbyville, Indiana (previously
reported during week ending September 30, 1994).

Fed. Reg.: 10/31/94

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

* This Application is subject to CRA.




FEDERAL RESERVE BANK O F ST . LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs

An i s i u i n i t i group has an outstanding record o , and i a leader i, ascertaining and helping t
nttto n hs
f
s
n
o
meet the c e i needs ofi s e t r delineated community, including low- and moderate-income
rdt
t nie
neighborhoods, i a manner consistent with i sresources and c p b l t e .
n
t
aaiiis
Satisfactory record o f meeting community credit needs

An i s i u i n i t i group has a satisf c o y record of ascertaining and helping t meet the c e i needs
nttto n hs
atr
o
rdt
of i s e t r delineated community, including low- and moderate- income neighborhoods, i a manner
t nie
n
consistent with i sresources and c p b l t e .
t
aaiiis
Needs to improve record o f meeting community credit needs

An i s i u i n i t i group needs t improve i so e a lrecord of ascertaining and helping t meet the
nttto n hs
o
t vrl
o
c e i needs of i s e t r delineated community, including low- and moderate-income neighborhoods, i a
rdt
t nie
n
manner consistent with i sresources and c p b l t e .
t
aaiiis
Substantial noncompliance in meeting community credit needs

An i s i u i n i t i group has a s b t n i l y d f c e t record of ascertaining and helping t meet the
nttto n hs
usatal eiin
o
c e i needs of i se t r delineated community, including low- and moderate-income neighborhoods, i a
rdt
t nie
n
manner consistent with i sresources and c p b l t e .
t
aaiiis
FOR THE WEEK ENDING

Name of Bank

None

1



Bank Address

October 7, 1994

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only

Comment Period
Ending Date

Application
First Interstate Bank of
Commerce, Billings, MT, to
establish a branch in Billings, MT

October 29, 1994

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

Comment Period
Ending Date

Frandsen Financial Corporation
Forest Lake, MN
To acquire 100% of the voting shares
of Sturgeon Lake State Bank, Sturgeon
Lake, MN*

October 13, 1994
(Newspaper)

Flint Creek Holding Company,
Philipsburg, MT, to acquire 80% of
the voting shares of Flint Creek
Valley Bank, Philipsburg, MT*

October 28, 1994
(Federal Register)

Geoffrey Gempeler to increase
his ownership from 24.58% to 30.53%
of the voting shares of Chisago
Bancorporation, Inc., Chisago City, MN*

Not yet available

Norwest Corporation, Minneapolis, MN
to acquire 100% of the voting shares
of the Ken-Caryl Investment Company,
Littleton, CO*

November 4, 1994
(Federal Register)

Randall Holding Company, Inc., Randall,
MN, to acquire 90% of the voting shares
of Randall State Bank, Randall, MN*

Not yet available

McHugh Family Trust, to acquire
52.9% of the voting shares of Maple
Lake Bancorporation, Maple Lake, MN*

Not yet available

★Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
BNCCORP, Inc., Bismarck, ND, to engage
in data processing activities through
the acquisition of JMS Systems, Inc.,
Bismarck, ND

Not yet available

Haugo Bancshares, Inc., Sioux Falls,
SD, to engage de novo in making and
servicing loans

October 31, 1994

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




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending October 7, 1994
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
BANK(S) EXAMINED

DATE OF EXAMINATION

CRA RATING

Victoria State Bank
1630 Arboretum Boulevard
Victoria, MN 55386
(612) 443-2491

July 5, 1994

Satisfactory




Federal Reserve Bank of Kansas City

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

COMMENT PERIOD ENDING DATE
Not Available

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

COMMENT PERIOD ENDING DATE

First National of Colorado, Inc.,
Omaha, Nebraska, for prior approval
to acquire 100 percent of the voting
shares of Union Colony
Bancorporation, Inc., Greeley,
Colorado.*

Not Available

State Bank Employees Stock Ownership
Plan, Hoxie, Kansas, for prior
approval to become a bank holding
company through the acquisition of 45
percent of the voting shares of
Prairie State Bancshares, Inc.,
Hoxie, Kansas.*

November 4, 1994

Peoples Trust of 1987, Ottawa,
Kansas, for prior approval to acquire
47.5 percent of the voting shares of
Johnson County Bank, Overland, Park,
K a nsas.*

Not Available

Stewart A. Whitham, Leoti, Kansas,
John Poos, Wichita, Kansas, and
Jennifer Jensik, Nixa, Missouri, to
increase voting control in Western
Bancorp, Inc., Garden City, Kansas,
from 3.65 percent to 68.14 percent,
from 18.24 percent to 82.73 percent,
and 3.65 percent to 49.31 percent,
respectively.

Not Available




1
:
Federal Reserve Bank of Kansas City

Stewart A. Whitham, Leoti, Kansas,
for prior approval to increase
ownership interest in Whitcorp
Financial Company, Leoti, Kansas,
from 2.00 percent to 50.84 percent.

Not Available

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
First State Bancorporation, Taos, New
Mexico, for prior approval to acquire
33 percent of the interest in Credit
Card Services, Ltd., Las Vegas,
N e vada.

COMMENT PERIOD ENDING DATE
Not Available

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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following g r oups:

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

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




Federal Reserve Bank of Kansas City

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

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

Exam Date

None.
*

*Application is subject to CRA.




CRA Public
Date

CRA
Rating

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF OCTOBER 7, 1994

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

♦Section 9 application received from
State Bank & Trust Company, San Marcos, TX, to
establish a branch at 221 Wonder World Drive, San
Marcos, TX 78666

94/10/10

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
Change in Control Notice by
Jack William Young; Myna Quartz Young; and Lancer
Partners, Ltd., Dallas, TX, to acquire an interest
in U B & T Holding Co., Abilene, TX
(Previously reported during the week of 8-22-94)

** NOTICE EXP

94/10/16

Change in Control Notice by
Bill Pittman and Ginger Pittman, Spearman, TX, to acquire
an interest in Spearman Bancshares, Inc., Spearman, TX

N/A

♦Section 3(a)(1) application by
Riverway Holdings, Inc., Houston, TX, to acquire
Riverway Holdings of Delaware, Inc., Wilmington, DE, and
Riverway Bank, Houston, TX

N/A

♦Section 3(a)(1) application by
Riverway Holdings of Delaware, Inc., Wilmington, DE, to
acquire Riverway Bank, Houston, TX

N/A

♦Section 3(a)(1) application by
Blumberg Bank, L.P., Seguin, TX, to acquire
Seguin State Bank & Trust Company, Seguin, TX

N/A

♦Section 3(a)(1) application by
Casey Bancorp, Inc., Grand Prairie, TX, to acquire
Grand Prairie State Bank, Grand Prairie, TX

N/A




SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

Section 4(c)(8) de novo notification by
Riverway Holdings, Inc., Houston, TX, to
engage in providing investment advice through
Riverway Financial Services, Inc., Houston, TX

N/A

Section 4(c)(8) de novo notification by
Riverway Holdings of Delaware, Inc., Wilmington, DE,
to engage in providing investment advice through
Riverway Financial Services, Inc., Houston, TX

N/A

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Notice by Town & Country Bancshares, Inc.,
Stephenville, TX, to redeem 36,500 shares
of its common stock

* 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. 1994
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
Citizens Bank & Trust Company
of Baytown, Texas
1300 Rol1ingbrook Dr.
P. 0. Box 150
Baytown, TX 77522-0150




Date of
Examination

CRA Rating

94/05/20

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 10/07/94
Section I - Applications Subject to Newspaper Notice Only
A d p Iication

Comment Period Ending Date

The Prineville Bank, Prineville, Oregon, to
establish a mobile branch facility in the Bend,
Oregon, trade area. *

Newspaper:

Not available

ValliWide Bank, Fresno, California, to merge with
Bank One, Fresno, National Assocation, Fresno,
California. *

Newspaper:

10/10/94

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

Section III - Applications Subject to Federal Register Notice Only
None

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

*

Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
Week Ending 10/07/94
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending October 7, 1994. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Bank of Casa Grande
Valley

635 N. Arizona Ave.
Casa Grande, AZ 85228
(602) 836-4666

6/27/94

Rating*
Satisfactory

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




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