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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
H.2, 1993, No. 41
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending October 9, 1993
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
TESTIMONY AND STATEMENTS
Federal Reserve System, initiatives to alter the
structure -- statement by Chairman Greenspan before
the House Committee on Banking, Finance and Urban
Affairs, October 13, 1993.
Published, October 8, 1993.
Business and community development loans -- statement
by Governor LaWare before the Subcommittee on
Economic Growth and Credit Formation of the House
Committee on Banking, Finance and Urban Affairs,
October 7, 1993.
Published, October 5, 1993.
BANK HOLDING COMPANIES
Irwin Financial Corporation, Columbus, Indiana --to
engage in riskless principal activities through
Irwin Union Securities, Inc.
Approved, October 4, 1993.
ENFORCEMENT
Buffalo Bank, Eleanor, West Virginia -- written
agreement dated January 31, 1991; and cease and
desist order dated August 12, 1992, terminated
June 28, 1993.
Announced, October 8, 1993.
Credit and Commerce American Holdings, N.V.,
Netherlands Antilles -- consent order dated
February 1, 1991, terminated June 23, 1993.
Announced, October 8, 1993.
First American Corporation, Washington, D.C., and
First American Bankshares, Inc. — written
agreement dated September 10, 1991, terminated
June 23, 1993.
Announced, October 8, 1993.
First State Bank of Maple Park, Mapl.e Park, Illinois,
Bruce Madden and Joe A. Pruess -- cease and desist
order dated December 19, 1990, terminated July 23,
1993.
Announced, October 8, 1993.
H. 2
OCTOBER 4, 1993
PAGE 2
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
ENFORCEMENT
Florida First International Bank, Hollywood,
Florida -- prompt corrective action directive by
consent dated September 30, 1993.
Announced, October 5, 1993.
Paonia Financial Services, Inc., Paonia, Colorado,
and George J. Murphy, Jr. -- written agreement
dated September 21, 1992, terminated June 21, 1993.
Announced, October 8, 1993.
Presidential Holdings, Inc., Bourbonnais, Illinois,
Joseph A. Ferante, James E. Malecha, and Anthony J.
Unruh -- written agreement dated November 25, 1991,
terminated August 5, 1993.
Announced, October 8, 1993.
Sentry Bancorp, Inc., Edina, Minnesota, and Robert J.
Ziton, an officer and director -- issuance of
orders of assessment of a civil money penalty.
Announced, October 4, 1993.
State Bank and Trust of Colorado Springs, Colorado
Springs, Colorado -- cease and desist order dated
April 14, 1992, terminated August 5, 1993.
Announced, October 8, 1993.
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC
St. Louis
First Community Bank, Conway, Arkansas -- to
establish an automated teller machine at Conway
Regional Hospital, 2302 College.
Approved, October 7, 1993.
Chicago
Harris Trust jnd Savings Bank, Chicago, Illinois
to establislT a branch at 411 South Kedsie Avenue.
Approved, October 8, 1993.
H.2
OCTOBER 4, 1993
PAGE 3
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES. DOMESTIC
New York
Manufacturers and Traders Trust Company, Buffalo, New
York - - t o establish a branch at 150 Washington
Avenue, Batavia, New York, and M&T Center, 1-3
Fountain Plaza, Buffalo, New York.
Approved, October 7, 1993.
Chicago
Old Kent Bank and Trust Company, Grand Rapids,
Michigan - - t o establish a branch at 725 Baldwin,
Jenison, Michigan.
Approved, October 7, 1993.
St. Louis
River Valley Bank and Trust, Barling, Arkansas -- to
establish branches at 617 Broadway, Van Buren,
Arkansas, and 2321 Industrial Park Road.
Approved, October 8, 1993.
BANK HOLDING COMPANIES
Chicago
Associated Banc-Corp., Green Bay, Wisconsin -- to
retain interest in Bay Lake Bancorp, Inc.,
Kewaunee; Community State Bank of Algoma, Algoma;
First Manitowoc Bancorp, Inc., Manitowoc; and First
Oak Brook Bancshares, Inc., Oak Brook, Illinois.
Returned, October 6, 1993.
Kansas City
BOK Financial Corporation, Tulsa, Oklahoma --to
acquire certain assets and assume certain
liabilities of the Edmond and Tulsa-Louisville,
Oklahoma, branch of Heartland Federal Savings and
Loan Association, Ponca City, Oklahoma.
Approved, October 4, 1993.
Richmond
Centura Banks, Inc., Rocky Mount, North Carolina -proposal that Centura Bank and Mid-South Bank and
Trust Company, Sanford, North Carolina, purchase
certain assets and assume certain liabilities of
First American Federal Savings Bank, Greensboro,
North Carolina.
Approved, October 8, 1993.
Kansas City
Commerce Bancshares, Inc., Kansas City, Missouri, and
CBI-Kansas, Inc. -- to acquire Firstbank Investment
Co., Inc., Lawrence, Kansas.
Approved, October 8, 1993.
H.2
OCTOBER 4, 1993
PAGE 4
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
San Francisco
Farmers Bancorporation, Buhl, Idaho -- to acquire
Farmers National Bank.
Approved, October 8, 1993.
Richmond
Fidelity BancShares (N.C.), Inc., Fuquay-Varina,
North Carolina -- proposal that The Fidelity Bank
purchase certain assets and assume certain
liabilities of First American Federal Savings Bank
Greensboro, North Carolina.
Approved, October 8, 1993.
Richmond
First American BancShares, Inc., Raleigh, North
Carolina -- proposal that First Citizens Bank &
Trust Company purchase certain assets and assume
certain liabilities of First American Federal
Savings Bank, Greensboro, North Carolina.
Approved, October 8, 1993.
Dallas
First Bancorp, Inc., Denton, Texas -- to acquire
First National Bank of Grapevine, Grapevine, Texas
Approved, October 8, 1993.
Kansas City
First Commerce Bancshares, Inc., Lincoln, Nebraska to engage de novo in lending activities.
Withdrawn, October 6, 1993.
Dallas
First Delaware Bancorp, Inc., Dover, Delaware -- to
acquire First National Bank of Grapevine.
Approved, October 8, 1993.
Secretary
First Security Corporation, Salt Lake City, Utah -to acquire First National Financial Corporation,
Albuquerque, New Mexico, and the First National
Bank in Albuquerque.
Approved, October 4, 1993.
Kansas City
Fourth Financial Corporation, Wichita, Kansas --to
merge with Western National Bancorporation, Inc.,
Tulsa, Oklafioma.
Approved, October 8, 1993.
H.2
OCTOBER 4, 1993
PAGE 5
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Chicago
Heritage Bancshares Group, Inc., Minneapolis,
Minnesota -- to acquire Geiger Corporation, and
Heritage Bank, National Association, Holstein,
Iowa, Heritage Bancshares, Inc., Minneapolis,
Minnesota, and Heritage Bank, National Association,
Willmar, Minnesota.
Approved, October 8, 1993.
Kansas City
HNB Corporation, Arkansas City, Kansas - - t o acquire
certain assets and assume certain liabilities of
the Stillwell, Oklahoma, branch of Heartland
Federal Savings and Loan Association, Ponca City,
Oklahoma.
Approved, October 4, 1993.
Minneapolis
Lena Spitzer Limited Partnership, Streeter, North
Dakota, and Streeter Insurance Agency, Inc. --t o
acquire Helmuth Spitzer Insurance Agency, Inc.
Approved, October 6, 1993.
Atlanta
Magnolia State Corporation, Bay Savings,
Mississippi - - t o acquire Jones County Finance
Company, Laurel, Mississippi, and to engage in
lending activities.
Approved, October 8, 1993.
Chicago
Mahaska Investment Company, Oskaloosa, Iowa --to
acquire Taintor Savings Bank, New Sharon, Iowa.
Returned, October 6, 1993.
St. Louis
Mid-America Bancorp, Louisville, Kentucky --to
engage in credit related insurance activities
through Mid-America Bank, Federal Savings Bank,
Peweee Valley, Kentucky.
Approved, October 6, 1993.
Richmond
NationsBank Corporation, Charlotte, North Carolina -proposal that NationsBank of North Carolina, N.A.,
purchase certain assets and assume certain
liabilities of First American Federal Savings Bank,
Greensboro, North Carolina.
Approved, October 8, 1993.
H.2
OCTOBER 4, 1993
PAGE 6
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Chicago
NBD Bancorp, Inc., Detroit, Michigan -- to acquire
shares of Magic Line, Inc., Dearborn, Michigan.
Approved, October 8, 1993.
Atlanta
PCM Acquisition Group, Inc., Deerfield, Florida -- to
acquire Florida First International Bank,
Hollywood, Florida.
Approved, October 8, 1993.
GC
Peoples Exchange Bancorp, Inc., Beattyville, Kentucky
-- determination that sale of a certain parcel of
real estate constitutes divestiture.
Granted, October 4, 1993.
Cleveland
PNC Bank Corp., Pittsburgh, Pennsylvania -- to
acquire PNC Mortgage Bank, N.A.
Approved, October 8, 1993.
Cleveland
PNC Corp., Pittsburgh, Pennsylvania - -to acquire
Sears Savings Bank, Glendale, California.
Approved, October 8, 1993.
Richmond
Southern BancShares (N.C.), Inc., Mount Olive, North
Carolina, proposal that Southern Bank and Trust
Company purchase certain assets and assume certain
liabilities of First American Federal Savings Bank,
Greensboro, North Carolina.
Approved, October 8, 1993.
Minneapolis
State Bank of Hawley Employee Stock Ownership Plan
Trust, Hawley, Minnesota - - t o acquire Bankshares
of Hawley, Inc.
Approved, October 6, 1993.
Dallas
Texas Financial Bancorporation, Inc., Minneapolis,
Minnesota --t o acquire First National Bank of
Grapevine, Grapevine, Texas.
Approved, October 8, 1993.
Kansas City
United Missouri Bancshares, Inc., Kansas City,
Missouri - - t o engage de novo in a community
development corporation through UMBCDC, Inc.
Permitted, October 8, 1993.
H.2
OCTOBER 4, 1993
PAGE 7
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OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
San Francisco
Vallicorp Holdings, Inc., Fresno, California -- to
acquire Pacific Bancorporation.
Approved, October 4, 1993.
BANK MERGERS
Richmond
Centura Bank, Rocky Mount, North Carolina - - t o
purchase certain assets and assume certain
liabilities of First American Federal Savings Bank,
Greensboro, North Carolina, and to establish
branches.
Approved, October 8, 1993.
Richmond
Mid-South Bank and Trust Company, Sanford, North
Carolina - - t o purchase certain assets and assume
certain liabilities of First American Federal
Savings Bank, Greensboro, North Carolina, and to
establish branches.
Approved, October 8, 1993.
BANK PREMISES
Richmond
F & M Bank-Martinsburg, Martinsburg, West Virginia -investment in bank premises.
Approved, October 4, 1993.
Chicago
Old Bank and Trust Company, Grand Rapids, Michigan -investment in bank premises.
Approved, October 7, 1993.
Richmond
Traders Bank, Spencer, West Virginia -- investment in
bank premises.
Approved, October 4, 1993.
CAPITAL STOCK
Chicago
Fairbank Bancshares, Inc., Fairbank, Iowa -redemption of shares.
Returned, October 7, 1993.
H.2
OCTOBER 4, 1993
PAGE 8
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
CHANGE IN BANK CONTROL
Minneapolis
Balaton Agency, Inc., Balaton, Minnesota -- change in
bank control.
Permitted, October 8, 1993.
Minneapolis
First Dakota Financial Corporation, Yankton, South
Dakota -- change in bank control.
Permitted, October 8, 1993.
Minneapolis
Grant County Bancshares, Inc., Wendell, Minnesota -change in bank control.
Returned, October 7, 1993.
COHPETITIVE FACTORS REPORTS
Atlanta
BankFirst, Loundon, Tennessee, proposed purchase of
certain assets and assumption of the deposit and
certain other liabilities of Republic Federal
Savings and Loan Association -- report on
compet it ive factors.
Submitted, October 4, 1993.
Chicago
e
Central Indiana Bancorp, Kokomo, Indiana, proposed
acquisition of First Federal Savings & Loan
Association of Peru, Peru, Indiana -- report on
competitive factors.
Submitted, October 5, 1993.
Dallas
First National Bank, Atlanta, Texas, proposed merger
with First National Bank of Hughes Springs, Hughes
Springs, Texas -- report on competitive factors.
Submitted, October 6, 1993.
Chicago
Household Bank, FSB, Newport Beach, California,
proposed purchase of the St. Charles, Illinois,
branch of Home Federal Savings and Loan Association
of Elgin, Elgin, Illinois -- report on competitive
factors.
Submitted, October 5, 1993.
Kansas City
Limestone National Bank, Sand Springs, Oklahoma,
proposed merger with The American National Bank and
Trust Company of Sapulpa, Oklahoma, Sapulpa,
Oklahoma
report on competitive factors.
Submitted, October 6, 1993.
H.2
OCTOBER A, 1993
PAGE 9
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OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
COMPETITIVE FACTORS REPORTS
Philadelphia
New Jersey National Bank, Ewing Township, New Jersey,
proposed merger with Inter Community Bank,
Springfield, New Jersey -- report on competitive
factors.
Submitted, October 7, 1993.
New York
Republic Bank for Savings, New York, New York,
proposed purchase of certain assets and assumption
of liability to pay deposits made in a branch of
Republic National Bank of New York -- report on
competitive factors.
Submitted, October 7, 1993.
New York
Republic National Bank of New York, New York, New
York, proposed purchase of assets and assumption of
liabilities of two branches of Republic Bank for
Savings -- report on competitive factors.
Submitted, October 7, 1993.
San Francisco
Southern California Bank, Downey, California,
proposed purchase of certain assets and assumption
of certain liabilities of one branch of Community
Bank, Pasadena, California -- report on competitive
factors.
Submitted, October 6, 1993.
St. Louis
Union State Bank, Junction City, Arkansas, proposed
purchase of certain assets and assumption of the
liability to pay deposits of the Camden, Arkansas,
branch of First Financial Bank, F.S.B., El Dorado,
Arkansas -- report on competitive factors.
Submitted, October 4, 1993.
New York
Union Trust Company, Stamford, Connecticut, proposed
merger with Greenwich Federal Savings and Loan
Association, Greenwich, Connecticut -- report on
competitive factors.
Submitted, October 6, 1993.
H.2
OCTOBER <♦, 1993
PAGE 10
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
EXTENSIONS OF TINE
Richmond
Centura Bank, Rocky Mount, North Carolina -extension to January 7, 1994, to merge with the
successor to First Savings Bank of Forest City,
SSB, Forest City, North Carolina, and to establish
branches.
Granted, October 5, 1993.
Richmond
Centura Banks, Inc., Rocky Mount, North Carolina -extension to January 7, 1993, to have Centura Bank
merge with the successor to First Savings Bank of
Forest City, SSB, Forest City, North Carolina.
Granted, October 5, 1993.
Dallas
First Baird Bancshares of Delaware, Inc., Dover,
Delaware -- extension to November 7, 1993, to
acquire First National Bank of Baird, Baird, Texas.
Granted, October 7, 1993.
Atlanta
Tomoka Bancorp, Inc., Ormond Beach, Florida -extension to January 9, 1994, to acquire Tomoka
State Bank.
Granted, October 5, 1993.
Atlanta
Volunteer State Bancshares, Inc., Portland, Tennessee
-- extension to January 15, 1994, to redeem shares.
Granted, October 6, 1993.
MEMBERSHIP
St. Louis
First Bank, Creve Couer, Missouri - - t o become a
member of the Federal Reserve System.
Approved, October 8, 1993.
Minneapolis
Rocky Mountain Bank, Plains, Montana - - t o become a
member of the Federal Reserve System.
Approved, October 7, 1993.
RESERVE BANK OPERATIONS
Director, FRBO
Federal Reserve Bank of Philadelphia -- con'ract fcr
design services of Phases 2 and 3 of Bank1s Car*
Operations renovations.
Approved, October 4, 1993.
H.2
OCTOBER 4, 1993
PAGE 11
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
RESERVE BANK SERVICES
Director, FRBO
Federal Reserve Bank of New York - - t o purchase
equipment for the electronic funds transfer
application.
Approved, October 6, 1993.
H .2
OCTOBER <*, 1993
PAGE 12
ADDITIONS AND CORRECTIONS
TO
OCTOBER 8, 1993
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK HOLDING COMPANIES
Chicago
Bankers1 Bancorporation of Wisconsin, Madison,
Wisconsin -- to engage de novo in investment or
financial advisory activities and management
consulting services.
Returned, October 1, 1993.
COMPETITIVE FACTORS REPORTS
St. Louis
St. Charles Federal Bancshares, Inc., St. Charles,
Missouri, proposed acquisition of St. Charles
Federal Savings and Loan Association through a
merger with St. Charles Interim Savings and Loan
Association -- report on competitive factors.
Submitted, September 13, 1993.
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Comment Period Ending Date
Application
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
Comment Period Ending Date
Lowell Sherwood
- Notice of Change in
Control to acquire up
to 24.9% of UNITEDCORP,
Bangor, Maine
Newspaper
Federal Register
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
♦Subject to CRA
11-07-93
10-07-93
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
♦Rating Definitions:
"0" - Outstanding; "S" - Satisfactory; "N" Needs to Improve; "SN" - Substantial Noncompliance.
Institution
Examination Date
NONE
RqHm*
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
Banco Santander, S.A., Santander, Spain, indirectly through
its minority-owned subsidiary, First Fidelity Bancorporation,
Lawrenceville, New Jersey (MFFBM), and Northeast Bancorp, Inc.,
New Haven, Connecticut ("Northeast'*), itself a wholly-owned
subsidiary of FFB to acquire 100 percent of the shares of
Greenwich Financial Corporation and its subsidiary, Greenwich
Federal Savings and Loan Association, Greenwich, Connecticut
("Greenwich") and to merge Greenwich into Union Trust Company,
Stamford, Connecticut, itself a subsidiary of Northeast.1/ 10/22/93 2/
SECTION III
Nonbanking Applications
(Subject to Federal Register Notice Only)
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 9. 1993
NAME OF BANK
RATING
EXAMINATION DATE
None.
1/
2/
3/
4/
Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
Comment Period Ending Date
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
Gloucester County Bankshares, Inc., Woodbury, New Jersey, to form a bank holding
company by acquiring 100% of the voting shares of The Bank of Gloucester County,
Woodbury, New Jersey, pursuant to Section 3(a)(1) of the Bank Holding Company Act.
Newspaper comment period expires:
Fed. Reg. comment period expires:
10/24/93
10/29/93
Keystone Financial, Inc., Harrisburg, Pennsylvania, to acquire Elmwood Bancorp, Inc.,
Media, Pennsylvania, a savings and loan holding company, whose principal subsidiary is
Elmwood Federal Savings Bank. The application is filed pursuant to Section 4(c)(8) of
the Bank Holding Company Act and Section 225.25 (b)(9) of Regulation Y.
Secretary
Delegated.
Newspaper comment period ends:
Fed. Reg. Comment Period Expires:
11/2/93
11/1/93
Keystone Financial, Inc., Harrisburg, Pennsylvania, to acquire WM Bancorp, Cumberland,
Maryland, pursuant to § 3(a)(5) the Bank Holding Company Act.
Secretary Delegated.
Newspaper comment period ends:
Fed. Reg. Comment Period Expires:
11/2/93
11/5/93
First Bank of Philadelphia, Philadelphia, Pennsylvania, Notice filed jointly on behalf
of Arthur and Linda Toll to own greater than 10.0% but less than 25.0%, pursuant to the
Change in Bank Control Act of 1978.
Newspaper comment period ends:
Fed. Reg. Comment Period Expires:
N/A
10/28/93
Continental Bancorporation, Laurel Springs, New Jersey, Notice filed jointly on behalf
of Dr. William Steinberg and Jill Steinberg to own in excess of 25.0%, pursuant to the
Change in Bank Control Act of 1978.
Newspaper comment period ends:
Fed. Reg. Comment Period Expires:
N/A
10/28/93
SECTION III ~ APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
MBNA Corporation, Newark, DE, to engage de novo, through its subsidiary, MBNA Consumer
Services, Inc., Newark, DE, in the activities of making consumer loans secured by first
mortgages and in offering credit insurance in connection with such loans, pursuant to
Section 4(c)(8) of the Bank Holding Company Act and Sections 225.25 (b)(1)(iii) and
225.25 (b)(8)(i) of Regulation Y.
Fed. Reg. Comment Period Expires:
N/A
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE
None.
1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending October 8, 1993
Identification of Ratings
In connection with the assessment of each insured depository
performance, a rating is assigned from the following groups:
institution's
CRA
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location
Examination Date
CRA Rating
Constitution Bank
1608 Walnut Street
Philadelphia, PA 19103
6/14/93
Satisfactory
Miners Bank of Lykens
550 W. Third Street
P.O.Box 38
Lykens, PA 17048
7/6/93
Satisfactory
Federal Reserve Bank of Cleveland
Applications Bulletin
For Week Ending October 9, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Received Section 3(a)(1) application from
*F: November 5, 1993
First Commonwealth Financial Corporation,
Indiana, Pennsylvania, on October 1, 1993,
to acquire Peoples Bank of Western Pennsylvania,
New Castle, Pennsylvania.
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
Received Section 4 ( c ) (8) application from
Cardinal Bancshares, Inc., Lexington,
Kentucky, on October 7, 1993, to engage in
securities brokerage activities through
a joint employemnt arrangement with Compulife
Investor Services with its indirect subsidiary
Mutual Service Corporation.
Not Yet Known #
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
NONE
*
N
F
#
-
Subject to CRA
Newspaper Comment Period
Federal Register Comment Period
Expected to end approximately 30 days from date of
application's receipt.
AVAILABILITY OF CRA PUBLIC EVALUATIONS
(October 8, 1993)
The following state member banks have been examined by the
Federal Reserve Bank of Cleveland for compliance with The Community
Reinvestment Act.
A public evaluation document became available
from the bank(s) listed below during the week ended October 8,
1993.
If you are interested in obtaining a copy of an evaluation
document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record
of, and is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record
of ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
NEEDS TO IMPROVE: a bank in this group needs to improve its
overall record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON COMPLIANCE:
a bank in this group has a
substantially deficient record of ascertaining and helping to meet
the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
The Andover Bank
Public Square
Andover, Ohio 44003
(419) 293-7605
Rating:
Outstanding
Exam Date:
July 6, 1993
Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application
Comment Period Ending Date
First Virginia Bank, Falls Church, Virginia,
to establish a branch at 6686 Springfield
Mall, Springfield, Virginia.*
11-8-93
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
First Savings Bancorp, Inc., Southern
Pines, North Carolina, for prior approval
to become a bank holding company through
the acquisition of First Savings Bank of
Moore County, Inc., SSB, Southern Pines,
North Carolina.*
Resource Bancshares Corporation, Columbia,
South Carolina, to have its subsidiary,
1st Performance Interim, FSB, Jacksonville,
Florida, acquire the assets and assume the
liabilities of 1st Performance National Bank
Jacksonville, Florida.*
10-27-93
Not yet available.
Section III - Applications Subject to Federal Register Notice
Application
Comment Period Ending Date
City Holding Company, Charleston, West
Virginia, to engage de novo in the pro
vision of securities brokerage and investment
advisory services through its subsidiary,
City Financial Corporation, Charleston, West
Virginia.
Resource Bancshares Corporation, Columbia,
South Carolina, to establish 1st Performance
Interim, FSB, Jacksonville, Florida.
10-23-93**
Not yet available.
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 8, 1993
Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Examination
Date
Rating
First Virginia Bank-Clinch Valley
501 Railroad Avenue
Richlands, Virginia 24641
8-2-93
Satisfactory
First Virginia Bank - Franklin County
228 Franklin Street
Rocky Mount, Virginia 24151
8-2-93
Satisfactory
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 8, 1993
Section 1 - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
Central Bank of the South
Birmingham, Alabama
To establish a branch located at 924
Plantation Boulevard, Fairhope, Alabama.
10-22-93*
First United Bank
Boca Raton, Florida
To merge with New River Bank, Oakland Park,
Florida, pursuant to Section 18(c) of the
Federal Deposit Insurance Act.
10-01-93*
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
SouthTrust Corporation
Birmingham, Alabama
& SouthTrust of Florida, Inc.
Jacksonville, Florida
To merge with Cypress Banks, Inc.,
Wesley Chapel, Florida, and thereby
directly acquire First National Bank of
the South, Wesley Chapel, Florida,
pursuant to Section 3 (a)(5) of the Bank
Holding Company A c t .
Not yet available*
Southland Bank Corporation
Butler, Georgia
To acquire United Bank of Crawford,
Roberta, Georgia, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Not yet available*
Premier Bancorp, Inc.
Baton Rouge, Louisiana
To merge with Alerion Corporation, New
Orleans, Louisiana, and thereby directly
acquire Alerion Bank, New Orleans,
Louisiana, pursuant to Section 3 (a)(5)
of the Bank Holding Company A c t .
10-15-93*
Newspaper
*Subject to provisions of the Community Reinvestment Act.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 8, 1993
Section 3 - Applications Subject to Federal Register Only
Application
Comment Period Ending Date
Central Bancshares of the South, Inc.
Birmingham, Alabama
To acquire First Performance Interim, FSB,
Jacksonville, Florida, pursuant to Section
4 ( c ) (8) of the Bank Holding Company Act.
Not yet available
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 8. 1993
Section 10 - Availability of CRA Public Evaluations
The CRA public evaluations of the insured depository institutions
listed below became available during this week.
Information about
an institution's CRA evaluation may be obtained directly from the
institution. In connection with the assessment of an institution's
CRA performance, a rating is assigned from the following groups:
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
Monroe County Bank
Post Office Box 806
Monroeville, Alabama
(205)575-3132
Rating
Satisfactory
06-28-93
36461
Barnett Bank of
Satisfactory
Northwest Florida
189 Eglin Parkway, N.E.
Fort Walton Beach, Florida 32548
Date
05-03-93
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending October 8. 1993
Section 10 - Availability of CRA Public Evaluations
Examination
Bank
Rating
Barnett Bank of
Volusia
County
230 North Woodland Boulevard
DeLand, Florida 32720
(904)822-4945
Satisfactory
Date
05-03-93
Barnett Bank of
West Satisfactory
Florida
100 West Garden Street
Pensacola, Florida 32501
(904)432-0271
05-03-93
Barnett Bank of
Satisfactory
North Central Florida
150 West Madison Street
Lake City, Florida 32056
(904)752-8943
05-03-93
Barnett Bank of
Satisfactory
Tallahassee
315 South Calhoun Street
Tallahassee, Florida 32314
(904)561-1776
05-03-93
Barnett Bank of
Southwest Georgia
Post Office Box 1497
Columbus, Georgia 31993
(706)571-7827
Satisfactory
05-03-93
Barnett Bank of
Satisfactory
Nassau County
520 Centre Street
Fernandina Beach, Florida 32034
(902)261-6811
05-03-93
Barnett Bank of S t .
Outstanding
Johns
Post Office Drawer 1929
St. Augustine, Florida 32085
(904)797-1130
05-03-93
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date
lype
Application
Branch
Old Kent Bank and Trust Company
Grand Rapids, Michigan
2145 Wealthy S.E.
East Grand Rapids, Michigan*
N
- 10-8-93
Branch
Chemical Bank and Trust Company
Midland, Mi chigan
8 branches of Key State Bank
Owosso, Michigan
1 Branch of Chemical Bank Montcalm
Stanton, Michigan*
N
- **
Branch
Chemical Bank Bay Area
Bay Ci ty, Mi chigan
8 branches of Key State Bank
Owosso, Michigan
1 Branch of Chemical Bank Montcalm
S tan ton, Mi chigan *
N
- **
Branch
Chemical Bank Michigan
Clare, Michigan
8 branches of Key State Bank
Owosso, Michigan
1 Branch of Chemical Bank Montcalm
Stanton, Michigan*
N
- **
(Dakar
Princeton National Bancorp, Inc.
Princeton, Illinois
Heart of Illinois Bank, F.S.B.
Spring Valley, Illinois*
N
- 10-22-93
Branch
Shelby County State Bank
Shelbyville, Illinois
1501 West Main Street
Shelbyville, Illinois*
N
- 10-30-93
Branch
Old Kent Bank and Trust Company
Grand Rapids, Michigan
6450 South Cedar
Lansing, Mi chigan*
N
10-14-93
Federal Reserve Bank of Chicago
A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r a n d F e d e r a l
Register Notice
Comment Period
Ending Date
Application
Section II
Type
Y-2
B a n k of Montreal
M o n t r e a l , Canada
C i t y Bankshares, Inc.
O k l a h o m a City, O k l a h o m a
C i t y B a n k & Trust C o m p a n y
O k l a h o m a City, O k l a h o m a *
FR
NP
- 8-19-93
- **
Y-2
B a n k m o n t Fina n c i a l Corp.
N e w York, N e w York
C i t y Bankshares, Inc.
O k l a h o m a City, O k l a h o m a
C i t y B a n k & Trust C o m p a n y
O k l a h o m a City, O k l a h o m a *
FR
N
- 8-19-93
- **
Y-2
H a r r i s Bankcorp, Inc.
Chicago, I l l i n o i s
C i t y Bankshares, Inc.
O k l a h o m a City, O k l a h o m a
C i t y B a n k & Trust C o m p a n y
O k l a h o m a City, O k l a h o m a *
FR
N
8-19-93
8-25-93
Y-2
M i n o o k a Bancorp, Inc.
Minooka, Illinois
F o u n d e r s Bancorp, Inc.
Scottsdale, A r i z o n a
F o u n d e r s B a n k of A r i z o n a
Scottsdale, A r i z o n a *
FR
N
9-7-93
10-16-93
Y-2
P e o t o n e Bancorp, Inc.
Peotone, I l l i n o i s
F o u n d e r s Bancorp, Inc.
Scottsdale, A r i z o n a
F o u n d e r s B a n k of A r i z o n a
Scottsdale, A r i z o n a *
FR
N
9-7-93
- 10-16-93
Y-2
R o c k R i v e r Bancorp o r a t i o n , Inc.
Oregon, I l l i n o i s
F o u n d e r s Bancorp, Inc.
Scottsdale, A r i z o n a
F o u n d e r s B a n k of A r i z o n a
Scottsdale, A r i z o n a *
FR
N
9-7-93
- 10-16-93
Federal Reserve Bank of Chicago
Section II
Type
- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r a n d Federal
Recrister N o t i c e
(C o n t i n u e d )
Comment Period
Application
Ending Date
Y-2
S o u t h w e s t Bancorp, Inc.
North, I l l i n o i s
F o u n d e r s Bancorp, Inc.
Scot t s d a l e , A r i z o n a
Founders Bank of Arizona
Scot t s d a l e , A r i z o n a *
FR
N
9-7-93
- 10-16-93
Y-2
T e r r a p i n Bancorp, Inc.
Elizabeth, Illinois
F o u n d e r s Bancorp, Inc.
S c o ttsdale, A r i z o n a
Founders Bank of Arizona
Scot t s d a l e , A r i z o n a *
FR
N
9-7-93
- 10-16-93
Y-2
Westbanco, Inc.
Westville, I l l i n o i s
F o u n d e r s Bancorp, Inc.
Scot t s d a l e , A r i z o n a
Founders Bank of Arizona
Scot t s d a l e , A r i z o n a *
FR
N
9-7-93
- 10-16-93
CoC-HC
F i r s t o f H u r o n Corp.
B a d Axe, M i c h i g a n
A l l e n D. G u n n
FR
N
- 10-4-93
- 10-20-93
CoC-HC
M i n o w a B a n c s h a r e s , Inc.
Decorah, I o w a
M i c h a e l J. Pint, C h r i s t o p h e r G. L y o n
a n d S t e p h e n J. L y o n
FR
N
- 10-4-93
- 9-29-93
CoC-Bk
Liberty Bank
Milwaukee, Wisconsin
A l l e n L. S a m son; R. M a x Samson;
Dr. B a r r y L. S a m s o n & H a r r y E. S a m s o n
FR
N
- 10-7-93
. **
Federal Reserve Bank of Chicago
Section II
- A p p l i c a t i o n s S u b j e c t to B o t h Newsnavei
Register Notice
(Continued)
and Federal
Comment P e r i o d
Ending Date
Type
Application
Y-l/BHC-OT
H e r i t a g e Bancshares, Group, Inc.
Minneapolis, Minnesota
Geiger Corporation
Min n e a p o l i s , M i n n e s o t a
H e r i t a g e Bank, N a t i o n a l A s s o c i a t i o n
Holstein, Iowa
H e r i t a g e Bancshares, Inc.
M i n n e apolis, M i n n e s o t a
H e r i t a g e Bank, N a t i o n a l A s s o c i a t i o n
Willmar, M i n n n e s o t a *
FR
N
- 10-1-93
- 10-4-93
Y-l
P r o p h e t s town B a n k i n g Co.
P r o p h e t s town, I l l i n o i s
F a r m e r s National B a n k o f P r o p h e t s t o w n
P r o p h e t s town, I l l i n o i s *
FR
N
- 10-15-93
- 10-7-93
CoC-HC
Commu n i t y Investment Bancorporation,
Lebanon, Wisconsin
D o n a l d E. Kuehl
FR
N
- 10-14-93
- **
Y-2
G r e a t e r C o l u m b i a B a n c s h a r e s , Inc.
Portage, Wi s c o n s i n
1 s t C o l u m b i a Corp.
Portage, W i s c o n s i n
First National Ba n k of Columbus
Columbus, W i s c o n s i n *
Inc.
FR
- 10-22-93
N
_ **
Y-2
Ced a r Investment Co m p a n y
Waverly, I o w a
Dike Bancshares Corporation
Dike, I owa
Iowa Savings Bank
Dike, Iowa*
FR
N
- 10-21-93
- **
Y-l
H o o s i e r Hills Financial Corporation
E m p l o y e e St o c k O w n e r s h i p P l a n
Osgood, Ind i a n a
n o o s i e r Hi l l s F i n a n c i a l C o r p o r a t i o n
Osgood, Indiana
Th e R i p l e y C o u n t y B a n k
Osgood, India na*
FR
N
- 10-15-93
- 10-7-93
Federal Reserve Sank of Chicago
Section II
Tvoe
- A p p l i c a t i o n s S u b j e c t to B o t h N e w s p a p e r a n d Fed e r a l
Register Notice
(Continued)
Comment Period
Application
Ending Date
Y-2
T r i v o l i Bancorp, Inc.
Trivoli, I l l i n o i s
Hanna City State Bank
H a n n a City, I l l i n o i s *
FR
N
- 10-15-93
- 9 - 30-93
Y-2
First Colonial Bankshares Corporation
Chicago, I l l i n o i s
H i - B a n c o r p , Inc.
Highw o o d , I l l i n o i s
Bank of Highwood
Highw o o d , I l l i n o i s
G N P Bancorp, Inc.
Mundelein, Illinois
N e w Century Bank
Mundelein, Illinois*
FR
N
- 10-29-93
- 10-16-93
Y-2
NEB Corporation
F o n d D u Lac, W i s c o n s i n
Cascade Bancoproration,
Veni ce, FI ori da
State Bank of Cascade
Cacade, W i s c o n s i n *
FR
N
- 10-29-93
- **
FR
N
- 10-2 9 - 9 3
- **
FR
N
- 10-29-93
- 10-20-93
Inc.
Y-2
P e o p l e s F i n a n c i a l Corp. o f Illinois,
Kewanee, I l l i n o i s
B r a d f o r d Bancorp, Inc.
Brad f o r d , I l l i n o i s
Bradford Banking Company
Brad f o r d , I l l i n o i s *
Y-l
S e curity Capital Corporation
Milwaukee, Wisconsin
S e c u r i t y B a n k S.S.B.
Milwaukee, Wisconsin
Inc.
Federal Reserve Bank of Chicago
Section
III
- A p p l i c a t i o n s S u b j e c t to F e d e r a l R e g i s t e r
Notice Only
Comment Peri o d
Ending Date
Type
Application
4 (c) (8)
H u x l e y Bancorp
Huxley, Iowa
M a k i n g a n d s e r v i c i n g l o a n s thru the
p a r t i c i p a t i o n in a 7 5 -day o v e r l i n e w i t h
an unaffiliated bank
FR
- 10-13-93
Y-4
N o r t h e r n Illinois Financial Corporation
Wauconda, I l l i n o i s
Ameri c a n Suburban Mortg a g e Corporation
Waukegan, I l l i n o i s
FR
- 10-12-93
Y-4
P r i n c e t o n N a t i o n a l Bancorp, Inc.
Prin c e t o n , I llinois
H e a r t o f I l l i n o i s I n v e s t m e n t Corp.
E a s t Peoria, I l l i n o i s
FR
- 10-22-93
Y-4
First Sterling Bancorp
Sterling, I l linois
D. D. D e v e l o p m e n t o f S t e r l i n g
Limited Partnership
Sterling, Ill i n o i s
FR
- 10-25-93
4 (c) (8)
F a i r b a n k Bancshares, Inc.
Fairb a n k , Iowa
M a k i n g and servicing of loans
FR
- 11-2-93
Y-4
S e c u r i t y Capital C o r p o r a t i o n
M i l w a u k e e , Wi s c o n s i n
M a k i n g and servicing of loams
FR
- 10-29-93
Y-4
A B N A M R O B a n k N. V.
A m s t e r d a m , The N e t h e r l a n d s
C r a g i n Finan c i a l Corp.
Chicago, I l linois
CAAC
Chicago, I l linois
CSC
Chicago, I l linois
F R - **
Federal Reserve Bank of Chicago
Section III
- A p p l i c a t i o n s S u b j e c t to F e d e r a l R e g i s t e r
Notice Only
(Continued)
Comment Period
E n d i n g Date
Type
Application
Y-4
A B N A M R O H o l d i n g N. V.
A m s t e r d a m , T he N e t h e r l a n d s
C r a g i n F i n a n c i a l Corp.
Chicago, I l l i n o i s
CAAC
Chicago, I l l i n o i s
CSC
Chicago, I l l i n o i s
FR
- **
Y- 4
A B N A M R O N o r t h America, Inc.
Chicago, I l l i n o i s
C r a g i n F i n a n c i a l Corp.
Chicago, I l l i n o i s
CAAC
Chicago, I l l i n o i s
CSC
Chicago, I l l i n o i s
FR
- **
Y- 4
Stichting Administratiekantoor A B N
AMRO Holding
A m s t e r d a m , The N e t h e r l a n d s
C r a g i n F i n a n c i a l Corp.
Chicago, I l l i n o i s
CAAC
Chicago, I l l i n o i s
CSC
Chicago, I l l i n o i s
FR
- **
Y- 4
Stichting Prioriteit A B N AMRO Holding
A m s t e r d a m , Th e N e t h e r l a n d s
C r a g i n F i n a n c i a l Corp.
Chicago, I l l i n o i s
CAAC
Chicago, I l l i n o i s
CSC
Chicago, I l l i n o i s
FR
- **
Y-4
First Colonial Bankshares Corporation
Chicago, I l l i n o i s
First Colonial Investment Services
E lmhurst, I l l i n o i s
FR
_ **
Federal Reserve Bank of Chicago
Section III
- Applications Subject
Notice Only
(C o n t i n u e d )
to F e d e r a l R e g i s t e r
Comment Period
Endincr D a t e
Type
Application
4 (c) (8)
W h i t e w a t e r Bancorp, Inc.
W h i tewater, Wisconsin
CRA Development Corporation
Whitewater, W i s c o n s i n
FR
- 11-2-93
4 (c) (8)
Bankers' Bancorporation of Wisconsin
M a d i s o n , W i s consin
Bankers Service Corporation
Madison, W i s c o n s i n
FR
- 9-7-93
Y-4
F i r s t of A m e r i c a B a n k C o r p o r a t i o n
Kala m a z o o , M i c h i g a n
First of America Mortgage Company
Kalamazoo, M i c h i g a n
FR
- 11-2-93
Y-4
B a n k o f Mon t r e a l
M o n t r e a l , Canada
H a r r i s I nvestors Direct,
Chicago, I l linois
FR - **
Y-4
Y-4
Y-4
B a n k m o n t Financial Corp.
N e w York, N e w York
H a r r i s Inve s t o r s Direct,
Chicago, Ill i n o i s
H a r r i s Bankcorp, Inc.
Chicago, I l l i n o i s
H a r r i s I n v e s t o r s Direct,
Chicago, Ill i n o i s
Inc.
FR
- **
FR
- **
FR
_ **
Inc.
Inc.
F B O P Corporation
O a k Park, Ill i n o i s
F a i r f i e l d Fina n c i a l C o r p o r a t i o n
O a k Park, Il l i n o i s
Federal Reserve Bank of Chicago
S e c t i o n I V - A p p l i c a t i o n s N o t S u b j e c t to F e d e r a l R e g i s t e r o r N e w s p a p e r
Noti ce
Ty p e
Application
RoS
G r eatbanc, Inc.
A u rora, I l l i n o i s
R e p u r c h a s e the m a j o r i t y of Class D
N
FR
*
**
-
common stock
Newspaper
Federal Register
S u b j e c t to P r o v i s i o n s o f C o m m u n i t y R e i n v e s t m e n t A c t
N o t a v a i l a b l e a t this time
AVAILABILITY OF CRA PUBLIC EVALUATIONS
The f o l l o w i n g s t a t e m e m b e r b a n k s h a v e b e e n e x a m i n e d b y the F e d e r a l R e s e r v e
B a n k o f C h i c a g o f o r c o m p l i a n c e w i t h the CRA. The 3 0 - b u s i n e s s d a y p e r i o d the
b a n k h a s to m a k e the e v a l u a t i o n p u b l i c h a s l a p s e d d u r i n g the w e e k e n d i n g
O c t o b e r 8, 1993.
I f y o u ar e i n t e r e s t e d in o b t a i n i n g a c o p y o f the e v a l u a t i o n
document, p l e a s e c o n t a c t the bank(s) directly.
IDENTIFICATION OF RATINGS
0-
A n i n s t i t u t i o n in this g r o u p h a s a n o u t s t a n d i n g r e c o r d of, a n d i s a
l e a d e r in, a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f i t s
entire
delineated
community,
including
lowand
m o d e r a t e -i n c o m e
neighborhoods,
in
a
manner
consistent
with
its
resources
and
c a pabi l ities.
S-
A n i n s t i t u t i o n in this g r o u p h a s a s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g
a n d h e l p i n g to m e e t the credit 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 com m u n i t y ,
i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s , i n a m a n n e r c o n s i s t e n t
with its resources and capabilities.
NI-
A n i n s t i t u t i o n in this g r o u p n e e d s to i m p r o v e i t s o v e r a l l r e c o r d o f
ascertaining and
h e l p i n g to m e e t the
c r e d i t n e e d s o f it 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 low- a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r c o n s i s t e n t wi t h it s r e s o u r c e s a n d c a p a b i l i t i e s .
SN-
A n i n s t i t u t i o n in this gr o u p 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
ascertaining and
h e l p i n g to m e e t the
credit needs of its entire
d e l i n e a t e d community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r c o n s i s t e n t w i t h i t s r e s o u r c e s a n d c a p a b i l i t i e s .
BANK NAME/LOCATION
EXAMINATION DATE
RATINGS
-Beverly B a n k - Lockport
1103 E a s t N i n t h S t r e e t
Lockp o r t , I l l i n o i s
60441
(815) 8 3 8 - 5 9 0 0
6/28/93
-NBD B a n k E l k h a r t
121 N e s t F r a n k l i n S t r e e t
Box 1686
Elkhart, I n d i a n a
46 5 1 5 - 1 6 8 6
(219) 2 9 4 - 6 6 2 1
6/01/93
S
-Citizens Commercial & Savings Bank
One C i t i z e n s B a n k i n g C e n t e r
Flint, M i c h i g a n
48502
(313) 7 6 6 - 7 5 0 0
6/15/93
S
S
AVAILABILITY OF CRA PUBLIC EVALUATIONS
(continued)
T h e f o l l o w i n g s t a t e m e m b e r b a n k s h a v e b e e n e x a m i n e d b y the F e d e r a l R e s e r v e
B a n k o f C h i c a g o f o r c o m p l i a n c e w i t h the CRA. The 3 0 - b u s i n e s s d a y p e r i o d the
b a n k h a s to m a k e the e v a l u a t i o n p u b l i c h a s l a p s e d d u r i n g the w e e k e n d i n g
O c t o b e r 8, 1993.
I f y o u a r e i n t e r e s t e d in o b t a i n i n g a c o p y o f the eva l u a t i o n
d o c u m e n t , p l e a s e c o n t a c t the b a n k(s) directly.
IDENTIFICATION OF RATINGS
O-
A n i n s t i t u t i o n i n th i s g r o u p h a s an o u t s t a n d i n g r e c o r d of, a n d is a
l e a d e r in, a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f its
entire
delineated
community,
including
lowand
m o d e r a t e -in c o m e
neighborhoods,
in
a
manner
consistent
with
its
resources
and
capabilities.
S-
A n i n s t i t u t i o n i n this g r o u p h a s a s a t i s f a c t o r y r e c o r d o f a s c e r t a i n i n g
a n d h e l p i n g to m e e t the c r e d i t n e e d s of it 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 low- a n d m o d e r a t e -i n c o m e nei g h b o r h o o d s , i n a m a n n e r consis t e n t
w i t h i t s r e s o u r c e s a n d capabilities.
NI-
A n i n s t i t u t i o n i n th i s g r o u p n e e d s to i m p r o v e i t s o v e r a l l r e c o r d of
a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f its entire
d e l i n e a t e d community, i n c l u d i n g low- a n d m o d e r a t e -i n c o m e n e i g h b o r h o o d s ,
i n a m a n n e r c o n s i s t e n t w i t h it s r e s o u r c e s a n d c a p a b i l i t i e s .
SN-
A n i n s t i t u t i o n in this g r o u p 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 of
a s c e r t a i n i n g a n d h e l p i n g to m e e t the c r e d i t n e e d s o f its entire
d e l i n e a t e d community, i n c l u d i n g low- a n d m o d e r a t e - i n c o m e n e i g h b o r h o o d s ,
in a m a n n e r consistent with its resources and c a p a b i l i t i e s .
B A N K NAME/LOCATION
EXAMINATION DATE
-C o m e r i c a B a n k - D e t r o i t
211 West Fort Street
Detroit, M i c h i g a n
48275
(313) 2 2 2 - 3 3 0 0
-The Rock Island Bank
230 18th Street
P.O. B o x 4 8 7 0
R o c k Island, I l l i n o i s
(309) 7 9 4 - 1 1 2 0
3/08/93
6/14/93
61204-4870
RATINGS
S
S
Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING OCTOBER 8, 1993
Application
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period
* 5(d)(3) application by Montgomery County
Bancshares, Inc., Little Rock, Arkansas, to
acquire Camden branch of First Financial Bank,
FSB, El Dorado, Arkansas.
Application
11-15-93
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period
* Section 3(a)(3) application by NBC Capital
Corporation, Starkville, Mississippi, to acquire
Charter Holding Company, Inc., Tuscaloosa, Alabama.
Newspaper:
11-1-93
* Section 3(a)(3) application by Citizens Union Bancorp
of Shelbyville, Inc., Shelbyville, Kentucky, to acquire First
Farmers Bank and Trust Company, Owenton, Kentucky.
Newspaper:
11-5-93
* Section 3(a)(1) application by Sparkman Bancshares, Inc.,
Sparkman, Arkansas, to acquire Merchants and Planters
Bank, Sparkman, Arkansas.
Newspaper:
11-15-93
* Section 3(a)(1) application by Lee County Bancshares,
Inc., Marianna, Arkansas, to acquire First National
Bank at Marianna, Marianna, Arkansas.
Newspaper:
11-1-93
* Change
Group,
T. and
ending
10-20-93
in Control notification involving Arvest Bank
Inc., Bentonville, Arkansas, by S. Robson, John
Jim C. Walton (previously reported during week
9-24-93).
Newspaper:
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
Section 4(c)(8) application by National City Bancshares,
Inc., Evansville, Indiana, to acquire Ayer-Wagoner-Deal
Insurance Agency, Inc., Rockport, Indiana (previously
reported during week ending 10-1-93).
10-29-93
Section 4(c)(8) application by Union Planters Corporation,
Memphis, Tennessee, to acquire General Trust Company,
Nashville, Tennessee (previously reported during
week ending 10-1-93).
10-29-93
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
None.
*This application is subject to CRA.
End of Comment Period
FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record o f meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record o f ascertaining and helping to meet the credit
needs o f its entire delineated community, including low- and moderate- income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record 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 of ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
FOR THE WEEK ENDING
Name of Bank
None
Bank Address
October 8, 1993
Examination
Date
Examination
Rating
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date
Application
None.
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Lake Elmo Bank Profit Sharing Plan
and Lake Elmo Bank Profit Sharing
Trust
Lake Elmo, MN
To increase its ownership from
47.27% to 49.16% of the voting shares
of Lake Elmo Bancorp, Inc., Lake Elmo,
MN
Comment Period
Ending Date
Not yet available
Section III - Applications Subject
to Federal Register Notice Only
Application
Norwest Corporation
Mpls, MN
To engage in making and servicing
loans through the acquisition of
the mortgage servicing and origina
tion businesses of the subsidiary
banks of First United Bank Group,
Inc., Albuquerque, NM
Norwest Corporation
Mpls, MN
To engage in making and servicing
loans through the acquisition of
the mortgage origination and servicing
business of S t . Cloud National
Bank & Trust Co., St. Cloud, MN
Comment Period
Ending Date
10-29-93
10-20-93
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
Lake Elmo Bancorp, Inc.
Lake Elmo, MN
To redeem 6.3% of its
voting shares
FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending October 8, 1993
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of,
and is a leader in, ascertaining and helping to meet the
credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its
resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs
of its entire delineated community, including low-and
moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
BANK(S ) EXAMINED
DATE OF EXAMINATION
CRA RATING
The Yellowstone Bank
P . 0. Box 7
12 First Avenue
Laurel, MT 59044
(406) 628-7951
July 6, 1993
Satisfactory
First State Bank of Warner
P . 0. Box 8
1 Main Street
Warner, SD 57479
(605) 225-9605
July 6, 1993
Satisfactory
Federal Reserve Bank of Kansas City
S ECTION I - APPLICATIONS SUBJECT TO NEWSPAPER N O T I C E ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
None.
SECTION II - APPLICATIONS SUBJECT TO B OTH
NEWSPAPER AND FEDERAL REGISTER NOT I C E
APPLICATION
COMMENT PERIOD ENDING DATE
Thomas M. Higgins, III and Paget
Higgins, both of Kansas City, Kansas,
for prior approval to increase their
proportionate ownership interests in
Twin City Corporation, Kansas City,
Kansas, from 21.98 to 34.7 percent.
October 19, 1993
Barrett Holding Company, Watonga,
Oklahoma, for prior approval to
increase ownership interest in
Watonga Bancshares, Inc., Watonga,
Oklahoma, by 2.24 percent.*
October 29, 1993
R. Banking Limited Partnership,
Oklahoma City, Oklahoma, for prior
approval to acquire 48.96 percent of
the voting shares of BancFirst
Corporation, Oklahoma City,
Oklahoma.*
October 29, 1993
Security Corporation, Duncan,
Oklahoma, for prior approval to
acquire 100 percent of the voting
shares of FirstBank Holding Company,
Marietta, Oklahoma.*
October 29, 1993
DFC Acquisition Corporation II,
Kansas City, Missouri, for prior
approval to become a bank holding
company through the acquisition of
100 percent of the voting shares of
Dickinson Financial Corporation,
Chillicothe, Missouri.*
November 1, 1993
First National of Hoxie Employee
Stock Ownership Plan, Hoxie, Kansas,
for prior approval to acquire 54
percent of the voting shares of First
Bancshares of Hoxie, Hoxie, Kansas.*
November 5, 1993
Federal Reserve Bank of Kansas City
T. Brent Ballinger, Pawhuska,
Oklahoma, for prior approval to
increase his ownership interests in
First National Bankshares of
Gunnison, Inc., Gunnison, Colorado,
from 14.3 percent to 36.4 percent.
November 2, 1993
Plaza Bancshares, Inc., Bartlesville,
Oklahoma, for prior approval to
acquire 94.4 percent of the
outstanding voting stock of Plaza
National Bank, Bartlesville,
Oklahoma.*
November 5, 1993
Buford J. Van Loenen, Prairie View,
Kansas, for prior approval to
increase his ownership interest in
Phillips Holdings, Inc., Stuttgart,
Kansas, from 14.3 percent to 57.6
percent.
November 2, 1993
Flint Hills Bancshares, Inc.,
Gridley, Kansas, for prior approval
to acquire 100 percent of the voting
shares of The Citizens State Bank,
Gridley, Kansas.*
Not Available
S E C T I O N III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
Citizens Holding Company, Muskogee,
Oklahoma, for prior approval to
acquire 33.33 percent of the common
stock of DigiSource, Inc.,
Fayetteville, Arkansas.
COMMENT PERIOD ENDING DATE
November 1, 1993
S E CTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
No n e .
Federal Reserve Bank of Kansas City
S E CTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depositoryinstitution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome neighborhoods,
in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with its
resources and capabilities.
Bank/Location
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 4, 1993
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
** NOTICE EXP
*
*Section 3(a)(3) application by
Southwestern Bancorp, Inc., Sanderson, TX, to
acquire Cross Plains Bankshares, Inc., Cross Plains, TX,
and Citizens State Bank, Cross Plains, TX
N/A
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
NOTICE EXP
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF OCTOBER 4, 1993
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Bank
Date of
Examination
CRA Rating
Cleburne State Bank
200 N. Ridgeway
P. 0. Box 599
Cleburne, Texas 76033
93/06/28
Satisfactory
First Bank & Trust of
Clarendon
P. 0. Box 947
Clarendon, Texas 79226
93/07/06
Satisfactory
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 10/08/93
Section I - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Sentinel Bancorporation, Omak, Washington,
to become a bank holding company by acquiring
First Washington Bank, Omak, Washington. *
Newspaper:
11/06/93
Fed. Reg.:
Not available
Section III - Applications Subject to Federal Register Notice Only
None
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None
* Subject to CRA.
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 10/08/93
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending 10/08/93.
Information about a particular institution’s CRA
evaluation may be obtained directly from the institution.
Institution
Address
Examination Date
Rating*
NONE
*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 moderateincome 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- to moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs: An institution has
a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- to moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
@FedFRASER