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Federal R eserve R elease
H.2
Actions o f the Board, Its Staff,
and the Federal Reserve Banks:
Applications and Reports Received
No. 37
W eek E n d in g Septem ber 1 3 ,1 9 9 7
Board o f Governors o f the Federal Reserve System, Washington, DC 20551
N o. 37
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
ADVISORY COUNCILS
Thrift Institutions Advisory Council.
- Convened, September 12,1997
BANK HOLDING COMPANIES
Associated Banc-Corp, Green Bay, Wisconsin -- to engage in operating a savings
association through the acquisition of First Financial Corporation and First
Financial Bank, F.S.B.; and to acquire two subsidiaries of the thrift and engage in
appraisal activities and operating a credit card bank.
- Permitted, September 8,1997
Bayerische Vereinsbank, Munich, Germany -- request for temporary exemption
under section 4(c)(9) of the Bank Holding Company Act to engage in certain
securities activities in the U.S. in connection with proposed acquisition of
Bayerische Hypotheken- und Wechsel-Bank, AG.
- Granted, September 10,1997
KeyCorp, Cleveland, Ohio -- to engage, to a limited extent, in debt and equity
securities underwriting activities and other nonbanking activities through Key
Capital Markets, Inc.
- Permitted, September 8,1997
NationsBank Corporation, Charlotte, North Carolina —to acquire all the assets and
assume all the liabilities of Montgomery Securities, San Francisco, California, and
The Pyramid Company, and engage, to a limited extent, in debt and equities
securities underwriting, and dealing in government obligations and money market
instruments.
- Permitted, September 10,1997
• Union Planters Corporation, Memphis, Tennessee -- to acquire Magna Bancorp,
Inc., Hattiesburg, Mississippi, Magnolia Federal Bank for Savings, and Magna
Mortgage Company, and engage in originating and servicing mortgage loans.
- Permitted, September 10,1997
BANK MERGERS
Citizens Commercial Bank & Trust Company, Celina, Ohio -- to acquire eleven
branches of KeyBank, N.A., Cleveland, Ohio, and to establish branches at the
former KeyBank.
- Approved, September 8,1997
REGULATIONS AND POLICIES
The Year 2000: A Challenge for Financial Institutions and Bank Supervisors —
Basle Committee on Banking Supervision describes need for financial institutions
to check all their computer applications in advance of the new millennium.
- Announced, September 9,1997
Additions/Corrections
H.2
ACTIONS TAKEN BY THE BOARD OF GOVERNORS
REGULATIONS AND POLICIES
Regulation J —amendments to provide for interstate branching and the Federal
Reserve Banks' new single account structure (Federal Register document R-0972).
- Approved, August 26,1997
H .2
September?, 1997 to September 13, 1997
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; RBOPS - Reserve Bank Operations and Payment
Systems; IF - International Finance; OSDM - Office o f Staff Director for Management
BANK BRANCHES, DOMESTIC
Secretary
AmSouth Bank, Birmingham, Alabama —to establish a branch at 11314 Causeway
Boulevard, Brandon, Florida, and 1505 Tamiami Trail, Fort Myers, Florida.
- Approved, September 8,1997
St. Louis
BankTennessee, Collierville, Tennessee —to establish a branch at 315 Cleveland
Street, Ripley, Tennessee.
- Approved, September 12,1997
St. Louis
Belgrade State Bank, Potosi, Missouri —to move its main office to Belgrade, and to
redesignate the present main office as a branch.
- Approved, September 9,1997
Atlanta
Colonial Bank, Montgomery, Alabama —to establish a branch on the northside of
Highway 82/McFarland Boulevard, 100 Towncenter Boulevard, Tuscaloosa,
Alabama.
- Approved, September 8,1997
Atlanta
Colonial Bank, Montgomery, Alabama —to establish a branch at 4336 U.S.
Highway 231, Wetumpka, Alabama.
- Approved, September 12,1997
Minneapolis
First Interstate Bank, Billings, Montana —to establish a branch in Helena, Montana.
- Approved, September 8,1997
Richmond
Pee Dee State Bank, Timmonsville, South Carolina —to establish a branch at 760
West Liberty Street, Sumter, South Carolina.
- Approved, September 9,1997
H.2
September 7,1997 to September 13, 1997
Page 2
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Minneapolis
Rocky Mountain Bank, Billings, Montana —to establish branches in Big Fork and
Stevensville, Montana.
- Approved, September 12,1997
BANK HOLDING COMPANIES
Cleveland
Banc One Corporation, Columbus, Ohio —to acquire Fitzgerald, Davis &
Associates, LP, Chicago, Illinois.
- Permitted, September 12,1997
Minneapolis
Bloomer Bancshares, Inc., Bloomer, Wisconsin -- to acquire Peoples State Bank.
- Approved, September 11,1997
Dallas
Buffalo Bancorp, Inc., Buffalo, Texas -- to acquire Buffalo Corporation, Dover,
Delaware, and Citizens State Bank, Buffalo, Texas.
- Approved, September 11,1997
Director, BS&R
Commerzbank AG, Frankfurt am Main, Federal Republic of Germany —request for
exceptions to a commitment in connection with a notice to engage in futures
commission merchant activities.
- Granted, September 12,1997
Cleveland
Community Holding Company, Inez, Kentucky —to acquire Inez Deposit Bank,
F.S.B.
- Permitted, September 12,1997
Minneapolis
Dean Financial Services, Inc., St. Paul, Minnesota —to acquire The First National
Corporation of Aitkin, Inc., Aitkin; Mid-Continent Financial Services, Inc.,
Bloomington; and The First State Bank of Eden Prairie, Eden Prairie, Minnesota.
- Approved, September 9,1997
H.2
September 7, 1997 to September 13, 1997
Page 3
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Kansas City
Emprise Financial Corporation, Wichita, Kansas —to acquire up to 9.9 percent of
Mid Continent Bancshares, Inc., El Dorado, Kansas, and therefore own more than 5
percent of the shares of a savings association.
- Permitted, September 9,1997
Boston
FSB Bancorp, Farmington, Maine, and MHC Bancorp -- to acquire Franklin Savings
Bank.
- Approved, September 12, 1997
Director, BS&R
HSBC Holdings pic, HSBC Finance (Netherlands) Limited, and HSBC Holdings
NV —request for authority to effect a corporate reorganization of various
nonbanking subsidiaries of HSBC, including the section 20 subsidiary, HSBC
Securities, Inc.
- Granted, September 12,1997
Dallas
J. M. Nichols, Inc., Dover, Delaware -- to acquire First-Nichols National Bank of
Kenedy, Kenedy, Texas.
- Approved, September 9,1997
Dallas
Keene Bancorp, Inc., 401(K) Employee Stock Ownership Plan & Trust, Keene,
Texas —to acquire Keene Bancorp Inc., and Keene State Bank of Keene.
- Approved, September 8,1997
Atlanta
MC Bancshares, Inc, Morgan City, Louisiana —request for waiver of application to
acquire Guaranty Bancshares Holding Corporation.
- Granted, September 12,1997
Secretary
National City Corporation, Cleveland, Ohio, and National Processing, Inc.
Louisville, Kentucky, -- to acquire FA Holdings, Inc., also of Louisville, and engage
in the processing of credit card and debt card receipts for merchants.
- Permitted, September 11,1997
H.2
September?, 1997 to September 13,1997
Page 4
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Kansas City
NB Holdings Corporation, Wichita, Kansas -- termination of registration under
Regulation G.
- Approved, September 10,1997
Dallas
New Broadway, Inc., San Antonio, Texas -- to acquire Broadway Bancshares, Inc.,
San Antonio, Texas; Broadway Bancshares of Delaware, Inc., Wilmington,
Delaware; Broadway National Bank, San Antonio, Texas, and Eisenhower National
Bank, San Antonio, Texas.
- Approved, September 9,1997
Dallas
Nichols Bancshares, Inc., Kenedy, Texas -- to acquire J.M. Nichols, Inc., Dover,
Delaware, and First Nichols National Bank of Kenedy, Kenedy, Texas.
- Approved, September 9,1997
Minneapolis
Preferred Bancshares, Inc., Big Lake, Minnesota -- to engage in mortgage banking
activities through acquisition of shares of Preferred Lenders, LLC.
- Permitted, September 10,1997
Kansas City
Seafield Capital Corporation, Kansas City, Missouri -- termination of registration
under Regulation G.
- Approved, September 10,1997
St. Louis
Union Planters Corporation, Memphis, Tennessee —to acquire Sho-Me Financial
Corporation, Mount Vernon, Missouri, and 1st Savings Bank, F.S.B., Mount
Vernon.
- Permitted, September 12,1997
Boston
UST Corp., Boston, Massachusetts —to acquire Firestone Financial Corp., Newton,
Massachusetts.
- Permitted, September 12,1997
H.2
September?, 1997 to September 13, 1997
Page 5
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Atlanta
Valley National Corporation, Lanett, Alabama —to acquire Valley National Bank of
Lanett, Lanett, Alabama.
- Approved, September 10,1997
BANK MERGERS
Richmond
Crestar Bank, Richmond, Virginia —to merge with American National Savings
Bank, F.S.B., Baltimore, Maryland.
- Approved, September 8,1997
Kansas City
Dewey County State Bank, Taloga, Oklahoma —to merge with Alpha Bank, N.A.,
Henessey, Oklahoma.
- Approved, September 8,1997
BANKS, NONMEMBER, AND MISCELLANEOUS INSTITUTIONS
San Francisco
Alliance Federal Credit Union, San Jose, California —deregistration pursuant to
Regulation G.
- Approved, September 12,1997
Director BS&R
Premier Trust Services, Inc., Freeport, Illinois -- registration as transfer agent.
- Withdrawn, September 8,1997
BANKS, STATE MEMBER
Director BS&R
Bank of Burlington, Burlington, Wisconsin —registration as transfer agent.
- Withdrawn, September 8,1997
CHANGE IN BANK CONTROL
San Francisco
Americorp, Ventura, California —change in bank control.
- Permitted, September 12,1997
H.2
September?, 1997 to September 13,1997
Page 6
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
San Francisco
Draper BanCorp, Draper, Utah —change in bank control.
- Permitted, September 9,1997
COMPETITIVE FACTORS REPORTS
San Francisco
Bank of Los Angeles, West Hollywood, California -- report on competitive factors
of the proposed merger with Culver National Bank, Culver City, California.
- Submitted, September 12,1997
Boston
BankBoston, N.A., Boston, Massachusetts —report on competitive factors of the
proposed merger with Bank of Boston Connecticut, Hartford, Connecticut.
- Submitted, September 12,1997
Richmond
Carolina First Bank, Greenville, South Carolina —report on competitive factors of
the proposed merger with First Federal Savings and Loan Association, Anderson,
South Carolina.
- Submitted, September 8,1997
San Francisco
Citizens Security Bank, Agana, Guam ~ report on competitive factors of the
proposed merger with C.B. Temporary Interim Bank.
- Submitted, September 12,1997
Richmond
First Bank, Troy, North Carolina ~ report on competitive factors of the proposed
purchase of the assets and assumption of the liabilities of the Lillington, North
Carolina, branch of First Union National Bank of North Carolina, Charlotte, North
Carolina.
- Submitted, September 11,1997
Dallas
First National Bank, Paducah, Texas -- report on competitive factors of the proposed
merger with Paducah Interim National Bank.
- Submitted, September 8,1997
Page 7
H .2
September 7, 1997 to September 13, 1997
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Cleveland
FMB-First Michigan Bank, Zeeland, Michigan; FMB-First Michigan Bank, Grand
Rapids, Grand Rapids; FMB-Lumberman's Bank, Muskegon; FMB-Northwestem
Bank, Boyne City; FMB-State Savings Bank, Lowell; FMB-Commercial Bank,
Greenville; FMB-Sault Bank, Sault St. Marie; FMB Security Bank, Manistee;
FMB-Community Bank, Dowagiac; FMB-Oceana Bank, Hart; FMB-Reed City,
Reed City; FMB Maynard Allen Bank, Portland; FMB-Old State Bank, Freemont;
FMB-Arcadia Bank, Kalamazoo; and FMB-Trust, Holland; Michigan —report on
competitive factors of the proposed merger with The Huntington National Bank,
Columbus, Ohio.
- Submitted, September 9,1997
New York
Members 1st Federal, Hackensack, New Jersey -- report on competitive factors of
the proposed merger with Central Bergen Federal Credit Union.
- Submitted, September 10,1997
Secretary
Mojave Desert Bank, N.A., Mojave, California —report on competitive factors of
the proposed merger with the Mojave, California, branch of Bank of America
National Trust & Savings Association, San Francisco, California.
- Submitted, September 12,1997
Kansas City
Nebraska State Bank, South Sioux City, Nebraska —report on competitive factors of
the proposed merger with The First National Bank of Wilcox, Wilcox, Nebraska.
- Submitted, September 8,1997
New York
Oritani Interim Savings Bank, Bergen, New Jersey —report on competitive factors
of the proposed merger with Oritani Savings Bank.
- Submitted, September 11,1997
Dallas
Plano Bank & Trust Company, Plano, Texas —report on competitive factors of the
proposed merger with First Bank, McKinney, Texas.
- Submitted, September 8,1997
H.2
September?, 1997 to September 13,1997
Page 8
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Philadelphia
Quakertown National Bank, Quakertown, Pennsylvania —report on competitive
factors of the proposed purchase of the assets and assumption of the liabilities of the
Quakertown branch of First Lehigh Bank, Walnutport, Pennsylvania.
- Submitted, September 12,1997
Minneapolis
Security State Bank, Dunseith, North Dakota —report on competitive factors of the
proposed purchase of assets and assumption of liabilities of the Rolla branch of
Ramsey Bank, fsb, Cando, North Dakota.
- Submitted, September 10, 1997
CURRENCY
Director RBOPS
Federal Reserve notes -- letter confirming request for printing notes for fiscal year
ending September 30, 1998.
- Approved, September 12,1997
EXTENSIONS OF TIME
Richmond
Central Virginia Bank, Powhatan, Virginia —extension to March 19,1997, to
establish a branch at 1368 Anderson Highway, Cumberland County, Virginia.
- Granted, September 8,1997
Chicago
InvestorsBancorp, Inc., Pewaukee, Wisconsin -- extension to December 4,1997, to
acquire InvestorsBank.
- Granted, September 8,1997
Director, BS&R
Istituto Mobiliare Italiana, S.p.A., Rome, Italy —request by three Italian banking
organizations to extend for an additional two years die temporary exemptions under
section 4(c)(9) of the Bank Holding Company Act.
- Granted, September 12,1997
Cleveland
Ohio Bank, Findlay, Ohio —extension to September 14,1998, to establish a branch
at Fishinger Boulevard and Mill Run Drive, Columbus, Ohio.
- Granted, September 12,1997
H.2
September 7,1997 to September 13,1997
Page 9
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
Chicago
Schonath Family Partnership, Limited Partnership, Oconomowoc, Wisconsin —
extension to December 4,1997, to acquire InvestorsBank, Pewaukee, Wisconsin.
- Granted, September 8,1997
MEMBERSHIP
Secretary
Compass Bank, Houston, Texas -- to become a member of the Federal Reserve
System.
- Approved, September 12,1997
Minneapolis
F & M Bank-Landmark, Clear Lake, Wisconsin —to become a member of the
Federal Reserve System.
- Approved, September 11,1997
FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
Application
Application
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER .NOTICE QNhY
Comment Period Ending Date
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Comment Period Ending Date
Iron Bancshares, Inc.,
Salisbury, Connecticut to become a bank holding
company by acquiring 100%
of the voting shares of The
National Iron Bank,
Salisbury, Connecticut*
SIS Bancorp, Inc.,
Springfield, Massachusetts section 3(a)(3) notification
to acquire Glastonbury Bank
and Trust Company,
Glastonbury, Connecticut*
Application
Newspaper
10-05-97
Federal Register
10-02-97
Newspaper
Not Yet Established
Federal Register
Not Yet Established
SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Comment Period Ending Date
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OR NEWSPAPER NOTICE
Application
NONE
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution
Examination Date
NONE
Rating**
SECTION V I - APPLICATIONS BULLETIN
Effective April 21, 1997, information regarding the comment periods associated with
applications and notices submitted to the Federal Reserve Bank of Boston for
processing under section 3 and 4(c) (8) of the Bank Holding Company Act of 1956, as
amended, will be available 24 hours a day by calling the following
toll-free number 1-800-896-9480.
♦Subject to CRA.
♦♦Rating Definitions:
"O" - Outstanding; "S" - Satisfactory;
Improve; "SN" - Substantial Noncompliance
"N" - Needs to
FEDERAL RESERVE BANK OF NEW YORK
Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
_____ Notice Only_____
None.
SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
National Bank of Canada, Montreal, Canada, and NatBC Holding
Corporation, to become bank holding companies by acquiring 100
percent of the voting shares of Natbank N.A, Hollywood, Florida, and
thereby indirectly acquiring Natbank N.A., the proposed national bank
successor to Natbank, F.S.B.
SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only 1
None.
SECTION IV
Applications Not Involying
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.
10/05/97 2/
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.
Week Ending September 13.1997
NAME OF BANK
RATING
None
1/ Subject to provisions of Community Reinvestment Act.
2/ Later of dates specified in newspaper and Federal Register notices.
3/ Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
4/ Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available
EXAMINATION DATE
FEDERAL RESERVE BANK OF PHILADELPHIA
SECTION I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER
NOTICE ONLY
Sterling Bank. Mount Laurel, NJ, to establish a branch in Mount Laurel Township, Burlington
NJ, pursuant to Section 9 of the Federal Reserve Act.
Newspaper comment period expires: N/Avail
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER
AND FEDERAL REGISTER NOTICE
NONE
SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL
REGISTER NOTICE ONLY
NONE
SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL
REGISTER NOTICE OR NEWSPAPER
NONE
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 September 12, 1997.
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/Lpcatipn
Examination Date
CRA Rating
NONE
NONE
NONE
District
Federal Reserve Bank of Cleveland
A pplications and notifications filed during the w eek ending 9/13/97
S ection I - A p p lica tio n s s u b je c t to n e w sp a p e r n o tice only
Type
A p p lic a tio n
18C
C itizen s B ankin g C om pany, S alin eville, O H to acqu ire
th ree (3) bran ch offices o f The M etro p o lita n S avin gs Bank
o f Ohio, Youngstown, O H lo c a te d in B arnesville, M artin s
F erry, a n d St. C la irsville, OH.
5D3
Branch
E ndin g d a te o f
com m en t p e r io d
*N ot Y et K now n
Footnotes
S ection I I - A p p lica tio n s su b je c t to b o th n e w sp a p e r a n d F e d e ra l R e g iste r notice
Type
A p p lic a tio n
3 A3
N o tice b y F.N.B. C orporation , H erm itage, PA on S eptem ber
10, 1997, to acq u ire M ercan tile B ank o f S ou th w est F lorida,
N aples, FL
E ndin g d a te o f
com m en t p e r io d
*N: 10/13/97
Footnotes
S ection I I I -■A p p lica tio n s su b je c t to F e d e ra l R e g iste r n o tice only
Type
A p p lic a tio n
E ndin g d a te o f
com m ent p e r io d
NONE
Footnotes
S ection IV - A p p lica tio n s n o t su b je c t to F e d e ra l R e g iste r o r n e w sp a p e r notice
Type
A p p lic a tio n
4C8
B an c O ne C orporation , Colum bus, OH; K eyC orp, C leveland,
OH ; N a tio n a l C ity C orporation , C levelan d, OH, a n d P N C
B an k C orp., P ittsbu rgh, PA to en gage in A T M a n d P O S
a c tiv itie s on a w o rld -w id e b a sis through E lectro n ic P aym ent
S ervices, Inc.
E ndin g d a te o f
com m en t p e r io d
N one
Section IV - Applications not subject to Federal Register or newspaper notice
Type
E nding d a te o f
com m ent p e r io d
A p p lic a tio n
Footnotes
S ectio n V - A v a ila b ility o f C R A p u b lic ev a lu a tio n s
D e sc rip tio n o f the CRA G o a l a g a in st w hich institutions a re eva lu a ted ' the fo u r p erfo rm a n ce levels , a n d the
in stitu tio n s f o r w hich an evalu ation is p u b lic ly available.
The CRA requires a periodic evaluation o f each covered institution regarding the extent to which it has
ascertained, and helped meet, the credit needs o f its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
The federal bank regulators use the following four performance levels to rate an institution’s performance under
CRA.:
O u ts ta n d in g
S a tis fa c to ry
N eed s to Im p ro v e
S u b s ta n tia l n o n c o m p lian ce
R SS D
n u m ber
In stitu tio n / L ocation
E xam ination
d a te
CRA
p u b lic d a te
CRA
ra tin g
576710
The O hio B ank
2 3 6 M ain S tre et
F indlay, O H 4 5 8 4 0
6/02/97
9/8/97
Satisfactory
368522
A p o llo Trust C o m p a n y
2 0 1 N orth W arren A ven u e
A p o llo , PA 1 5 613
6/30/97
9/9/97
Satisfactory
Footnotes
Section VI - CRA examinations scheduled for Fourth Quarter of 1997
In stitu tion
L ocation
A ndover B ank
P.O. Box 1300, Public Square, Andover, OH 44003-1300
B a n k o f C o rn in g C o m p a n y
P.O. Box 428, N. Valley Street, Coming, OH 43730-0428
C o m m e rc ia l & S avings B a n k Co.
P.O. Box 50, 701 S. Market Street, Danville, OH 43014-0050
F ifth T h ird o f N o rth e a s te rn O hio
1404 E. Ninth Street, Cleveland, OH 44114
G e n o a B a n k in g C o m p a n y
P.O. Box 98, 801 Main Street, Genoa, OH 43430-0098
H a m le r S ta te B a n k
P.O. Box 358, 210 Randolph Street, Hamler, OH 43524-0358
H o c k in g V alley B a n k
P.O. Box 4847, 7 W. Stimson, Athens, OH 45701-4847
T h e C itizen s B a n k in g C o m p a n y
P.O. Box 5016, 100 E. Water Street, Sandusky, OH 44871-5016
T h e C o rn C ity S ta te B a n k
P.O. Box 197, 120 W. Main Street, Deshler, OH 43516-0197
T h e C o rtla n d S avings & B an k in g C o.
P.O. Box 98, 194 W. Main Street, Cortland, OH 44410-0098
T h e C u s ta r S ta te B a n k
P.O. Box 127, Main Street, Custar, OH 43511-0127
T h e F a r m e r s C itiz e n B a n k
P.O. Box 567, Washington Square, Bucyrus, OH 44820-0567
T h e M e ta m o ra S ta te B a n k
P.O. Box F, 120 E. Main Street, Metamora, OH 43540-0270
T h e M in s te r S ta te B a n k
P.O. Box 90, 96 W. Fourth Street, Minster, OH 45865-0090
T h e P ro v id e n t B a n k
1 E. 4th Street, Cincinnati, OH 45202
Tow ne B an k
P.O. Box 202, 610 E. South Boundary, Perrysburg, OH 43551
Footnotes
Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Ngtice Only
Application
Comment Period Ending Date
Centura Bank, Rocky Mount, North
Carolina, to establish a branch
in the Hannaford Brothers Store
at 760 Sutters Creek Boulevard,
Rocky Mount, North Carolina.*
10-6-97
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Coddle Creek Financial Corp., Mooresville, North Carolina, to become a bank
holding company through the acquisition
of 100% of the voting shares of Mooresville Savings Bank, SSB, Mooresville,
North Carolina.*
One Valley Bancorp, Inc., Charleston,
West Virginia, to acquire One Valley
Bank-Central Virginia, National Association,
Lynchburg, Virginia (the proposed successor
by conversion to One Valley Bank-Central
Virginia, a Federal savings bank).*
10-10-97
Not yet available.
Section III - Applications Subjectto Federal Register Notice
Application
Comment Period Ending Date
None.
Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
♦Application is subject to CRA requirements.
Federal Reserve Bank of Richmond
Section V - Availability o f C R A Public Evaluations
Week ending September 12,
1997
Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner con
sistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer
taining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
RSSD
Number
None.
Name of Bank
Examination
Date
Rating
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 12. 1997
Section 1 - Applications Subject to Newspaper Notice Only
Application
Comment Period Ending Date
None.
Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application
Comment Period Ending Date
Eagle National Holding Company, Inc.
Not yet available*
Miami, Florida
Change in control by Mr. Jaime Gilinski to acquire 100 percent of the outstanding shares of common
stock of Eagle National Holding Company, Inc., Miami, Florida, pursuant to Change in Bank
Control Act of 1978.
First Bankshares, Inc.
09-30-97*
Longwood, Florida
Federal Register
Change in control notice by Ms. Susma Patel and Messrs. Suketu (Suku) Madhusudan Patel, Parimal
(Perry) Kantibhai Patel, Bharat Muljibhai Amin, Dennis John Lloyd King, and Sushilaban Patel,
to collectively acquire 43.06 percent of the outstanding shares of First Bankshares, Inc., Longwood,
Florida, pursuant to the Change in Bank Control Act of 1978.
MidSouth Bancorp, Inc.
09-30-97*
Employee Stock Ownership Plan
Federal Register
Lafayette, Louisiana
After-the-fact change in control by MidSouth Bancorp, Inc., Employee Stock Ownership Plan,
Lafayette, Louisiana, to retain 10.57 percent of the outstanding shares of MidSouth Bancorp, Inc.,
Lafayette, Louisiana, pursuant to the Change in Bank Control Act of 1978.
Section 3 - Applications Subject to Federal Register Only
Application
None.
*Subject to provisions of the Community Reinvestment Act.
Comment Period Ending Date
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 12.1997
Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
None.
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 12. 1997
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 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 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.
Bank
CRA Rating
First Bank and Trust
Satisfactory
Company of Tennessee
Post Office Box 3080
Johnson City, Tennessee 37602
(423) 975-9900
Examination Date
06-02-97
Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 12. 1997
Recently Approved Applications
Approval Date
AmSouth Bank
09-08-97
Birmingham, Alabama
To establish a branch located at 11314 Causeway Boulevard, Brandon, Florida, pursuant to Section
9 of the Federal Reserve Act.
AmSouth Bank
09-08-97
Birmingham, Alabama
To establish a branch located at 15051 Tamiami Trail, Fort Myers, Florida, pursuant to Section 9 of
the Federal Reserve Act.
Colonial Bank
09-08-97
(Revised)
Montgomery, Alabama
To establish a branch located at 2941 North Poinciana Boulevard, Kissimmee, Florida, pursuant to
Section 9 of the Federal Reserve Act.
Colonial Bank
09-12-97
Montgomery, Alabama
To establish a branch located at 4336 US Highway 231, Wetumpka, Alabama, pursuant to Section
9 of the Federal Reserve Act.
Colonial Bank
09-08-97
Montgomery, Alabama
To establish a branch located on the north side of Highway 82/McFarland Boulevard, 100 Town
Center Boulevard, Tuscaloosa, Alabama, pursuant to Section 9 of the Federal Reserve ActValley National Corporation
09-10-97
Lanett, Alabama
1-BHC formation, Valley National Bank of Lanett, Lanett, Alabama, pursuant to Section 3(a)(1) of
the Bank Holding Company Act.
MC Bancshares, Inc.
09-12-97
Morgan City, Louisiana
Request for waiver of the application requirements of Section 3 of the Bank Holding Company Act,
in connection with its proposed acquisition of Guaranty Bancshares Holding Corporation, Morgan
City, Louisiana, and Guaranty Bank and Trust Company of Morgan City, Morgan City, Louisiana.
Compass Bank
09-12-97
Houston, Texas
To become a member of the Federal Reserve System, pursuant to Section 9 of the Federal Reserve
Act and Section 208.4 of Regulation Y.
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only
Comment Period
Ending Date
Type
Application
Merger & Branch
First Farmers Bank & Trust Company
Converse, Indiana
Sheridan, Indiana branch office of
NBD Bank, N.A.
to establish a branch at
322 South Main Street
Sheridan, Indiana
NP - **
Merger & Branch
F&M Bank-Portage County
Stevens Point, Wisconsin
Antigo branch of Security Bank, S.S.B.
Antigo, Wisconsin
to establish a branch at 724 Fifth Avenue
Antigo, Wisconsin
NP - 9-8-97
Branch
Valley Ridge Bank
Kent City, Michigan
47 S. Charles Street
White Cloud, Michigan
NP - 9-13-97
Branch
Citizens Bank and Trust Company
Hudson, Iowa
209 West Fifth Street
Waterloo, Iowa
NP - 9-13-97
Branch
Cole Taylor Bank
Chicago, Illinois
111 West Washington Street
Chicago, Illinois
NP -10-1-97
Branch
Bloomingdale Bank and Trust
Bloomingdale, Illinois
Northeast comer of Touhy and
Clifton Avenue
Park Ridge, Illinois
NP - 9-3-97
Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only cont’d
Type
Application
Branch
Bloomindale Bank and Trust
Bloomingdale, Illinois
Southeast comer of Arlington Heights Road
and Pierce Road
Itasca, Illinois
NP - Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
** - Not available at this time
Comment Period
Ending Date
NP - 9-8-97
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Comment Period
Ending Date
Type
Application
CoC-HC
Damen Financial Corporation
Schaumburg, Illinois
By Jackson Boulevard Fund, Ltd. and
Paul J. Duggan
FR - 9-3-97
NP - 9-1-97
CoC-HC
First Business Bancshares, Inc.
Madison, Wisconsin
By Sam Jacobsen
FR - 8-28-97
NP - 9-7-97
3(a)(1)
Heartland Bancshares, Inc.*
Franklin, Indiana
Heartland Community Bank (in organization)
Franklin, Indiana
FR - 9-12-97
NP - 9-8-97
3(a)(3)
Centre 1 Bancorp, Inc.*
Beloit, Wisconsin
First Winnebago Corporation
Winnebago, Illinois
First National Bank of Winnebago
Winnebago, Illinois
FR - 9-26-97
NP - 9-21-97
3(a)(3)
Mahaska Investment Company*
Oskaloosa, Iowa
Pella State Bank (in organization)
Pella, Iowa
FR - 9-12-97
NP - 7-27-97
3(a)(1)
Marengo Bancshares, Inc.*
Marengo, Illinois
Prairie State Bank (in organization)
Marengo, Illinois
FR - 10-2-97
NP - 10-15-97
3(a)(1)
Albrecht Financial Services, Inc.*
Norwalk, Iowa
Heartland Bankshares, Inc.
Madrid, Iowa
City State Bank
Grimes, Iowa
FR - 10-9-97
Np - **
Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice cont’d
Comment Period
Ending Date
Type
Application
3(a)(3)
First State Bancorp of Monticello, Inc.
Employee Stock Ownership Plan*
Monticello, Illinois
First State Bancorp of Monticello, Inc.
Monticello, Illinois
First State Bank of Monticello
Monticello, Illinois
State Bank of Hammond
Hammond, Illinois
First State Bank of Bloomington
Bloomington, Illinois
First State Bank of Heyworth
Heyworth, Illinois
First State Bank of Atwood
Atwood, Illinois
FR - 9-12-97
NP - 9-12-97
3(a)(1)
George Washington Bancorp, Inc.*
Oak Lawn, Illinois
George Washington Savings Bank
Oak Lawn, Illinois
FR - 10-6-97
3(a)(1)
Mercantile Bank Corporation*
Grand Rapids, Michigan
Mercantile Bank of West Michigan (in organization)
Grand Rapids, Michigan
FR - 10-9-97
NP - 9-29-97
3(a)(3)
FBOP Corporation*
Oak Park, Illinois
First Capital Bank of Arizona
Phoenix, Arizona
FR - 10-2-97
NP - 9-21-97
CoC-HC
Tabor Enterprises, Inc.
Tabor, Iowa
By J. Randel Smith, Jerry A. Jobe
and Grant R. Schaaf
FR - 10-1-97
NP - **
Np _ **
Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Type
Application
Comment Period
Ending Date
NONE
Section IV - Applications Not Subject to Federal Register or Newspaper Notice
Type
Application
ROS
Tabor Enterprises, Inc.
Tabor, Iowa
To redeem 5,200 shares or 52% of the common stock
Federal Reserve Bank of Chicago
Section V - Availability of CRA Public Evaluations
The following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance
with the CRA. The 30-business day period the bank has to make the evaluation public has lapsed during the
week ending September 12, 1997. 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 has a 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 substantial noncompliance 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 capabilies.
BANK NAME/LOCATION
EXAMINATION DATE
RATINGS
Security Savings Bank
1015 Market Street
Gowrie, Iowa 50543
(515) 544-3281
RSSD #616540
6-2-97
S
Fortress Bank of Westby
100 North Main Street
Westby, Wisconsin 54667
(608) 634-3787
RSSD #297042
6-23-97
0
R E S E R V E B A N K A P P L IC A T IO N S B U L L E T IN
For week ending September 12, 1997
FEDERAL RESERVE BANK OF ST. LOUIS
SECTION T - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
Application
End of Comment Period
None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
Application
End of Comment Period
Change in control notification involving Sebastian
Bankshares, Inc., Barling, Arkansas, by James H.
Shields, III, Wimbledon, England.
Federal Register 9-24-97
Change in control notification involving Texico
Bancshares Corporation, Texico, Illinois, by Craig D.
Heath, Phoenix, Arizona.
Federal Register 10-1-97
* Section 3(a)(3) notification by First United Bancshares,
Inc., El Dorado, Arkansas, to acquire City Bank & Trust
of Shreveport, Louisiana, Shreveport, Louisiana.
federal Register. 10-9-97
* Section 3(a)(3) notification by First Banks, Inc., St.
Louis, Missouri, to acquire Surety Bank, Vallejo,
California.
Newspaper: 10-15-97
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
Stock redemption notification by Texico Bancshares
Corporation, Texico, Illinois, to redeem common stock
for a net consideration representing 81 % of its equity.
N/A
* This notification is subject to CRA.
R E S E R V E B A N K A P P L IC A T IO N S B U L L E T IN
For week ending September 12, 1997
FEDERAL RESERVE BANK OF ST. LOUIS
SECTION V - AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification of 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 of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Needs to improve record o f meeting 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 RSSD
Number
None
Name of Bank
Bank Address
Examination
Date
Examination
Rating
For week ending September 12, 1997
R E S E R V E B A N K A P P L IC A T IO N S B U L L E T IN
SECTION VI - CRA EXAMINATIONS SCHEDULED
Examinations may have to be rescheduled during the calendar quarter in which they are designated
to begin. If an institution's examination is rescheduled for a date later than the end of the date range
reflected in a published schedule, the institution's name will be republished in an appropriate later
listing. Any comments received as a result of either the first publication or subsequent publications
will be considered during the examination.
RSSD
Number
Name
City
State
F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date
Application
Ronan State Bank, Ronan, M ontana to establish a branch in
Poison, Montana. *
September 15, 1997
Farmers State Bank, Victor, M ontana to establish a branch in
Hamilton, Montana. *
September 29, 1997
* Subject to CRA
F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Comment Period
Ending Date
Application
Norwest Corporation, Minneapolis, Minnesota; Norwest Financial
Services, Inc., Des Moines, Iowa; and Norwest Financial, Inc., Des
Moines, Iowa to engage in industrial loan and thrift company activities,
consumer finance activities, and acting as principal, agent, or broker
for credit life, accident and health, and involuntary unemployment
insurance related to its extensions o f credit through the acquisition
o f Cityside Financial Services o f Wisconsin, Inc., Cityside Savings
& Financial Services, Co., and Cityside Insurance Company, Ltd.,
headquartered in Eden Prairie, Minnesota.
Not yet available
F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date
Application
NONE.
F E D E R A L R E S E R V E B A N K O F M IN N E A P O L IS
Section IV - Applications N ot Subject to
Federal Register Notice or Newspaper Notice
Application
NONE.
FED ER A L R E SE R V E BANK O F M IN N EA PO LIS
Section V - Availability o f
CRA Public Evaluations
w eek ending S eptem ber 12,1997
ASSIGNMENT OF RATING
Identification o f Ratings
In connection with the assessment o f each insured depository institution's CRA performance, a rating is
assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs o f its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record o f ascertaining and helping to meet the credit needs
o f its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record o f ascertaining and helping to meet the
credit needs o f its entire delineated community, including low- and moderate-income neighborhoods, in
a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record o f ascertaining and helping to meet the
credit needs o f its entire delineated community, including low-and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
BANKISl EXAMINED
DATE OF EXAMINATION
CRA RATING
W adena State Bank
304 Southeast First
Box 191
Wadena, MN 56482-0191
(218) 631-1860
June 2, 1997
Outstanding
Federal Reserve Bank of Kansas City
Week Ending September 12, 1997
SECTION 1 - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION
State Bank & Trust Company of Colorado Springs,
Colorado Springs, Colorado, for prior approval to
establish a branch at 5710 Palmer Park Boulevard,
Colorado Springs, Colorado.
COMMENT PERIOD ENDING DATE
September 28, 1997
SECTION II - APPLICATIQNS.SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
COMMENT PERIOD ENDING DATE
Steven L. Voorhees, Harvard, Nebraska, to retain
control of 27.69 percent of the voting shares of
Harvard State Company, Harvard, Nebraska.
September 29, 1997
First National Bank of Las Animas ESOP, Las
Animas, Colorado, for prior approval to become a
bank holding company through the acquisition of up to
8.03 percent of the voting shares of First Bankshares
of Las Animas, Las Animas, Colorado; and thereby
indirectly acquire First National Bank, Las Animas,
Colorado.*
October 6, 1997
FirstBank Holding Company of Colorado ESOP,
Lakewood, Colorado, for prior approval to acquire
.86 percent, for a total of 26.36 percent of the voting
shares of FirstBank Holding Company of Colorado,
Lakewood, Colorado; and thereby indirectly acquire
FirstBank of Arvada, N.A., Arvada, Colorado;
FirstBank of Aurora, N.A., Aurora, Colorado;
FirstBank of Avon, Avon, Colorado; FirstBank of
Boulder, N.A., Boulder, Colorado; FirstBank of
Breckenridge, N.A., Breckenridge, Colorado;
FirstBank of Douglas County, N.A., Castle Rock,
Colorado; FirstBank of Colorado Springs, Colorado
Springs, Colorado; FirstBank of Cherry Creek, N.A.,
Denver, Colorado; FirstBank of Denver, N.A.,
Denver, Colorado; FirstBank of Longmont,
Longmont, Colorado; FirstBank of Northern
Colorado, Fort Collins, Colorado; FirstBank of
Greeley, Greeley, Colorado; FirstBank of Tech
Center, N.A., Englewood, Colorado; FirstBank of
Colorado, N.A., Lakewood, Colorado; FirstBank of
South Jeffco, Littleton, Colorado; FirstBank of
Lakewood, N.A., Lakewood, Colorado; FirstBank of
Littleton, Littleton, Colorado; FirstBank of Arapahoe
County, N.A., Littleton, Colorado; First Bank of
Silverthome, N.A., Silverthorne, Colorado; FirstBank
of Vail, Vail, Colorado; FirstBank North, N.A.,
Westminster, Colorado; FirstBank of Wheat Ridge,
N.A. Wheat Ridge, Colorado; FirstBank of
Evergreen, Evergreen Colorado; and FirstBank, N.A.,
Palm Desert, California.*
October 6, 1997
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION
COMMENT PERIOD ENDING DATE
None.
SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
A P P L IC A T IO N
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 groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet
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 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.
CRA Public
Bank/Location
R S SD #
Citizens Bank & Trust
561659
Company
2000 Main Street
Torrington, Wyoming 82240-2709
♦Application is subject to CRA.
E xam D ate
06-16-97
D ate
CRA
Rating
09-12-97
Satisfactory
District 11
Federal Reserve Bank of Dallas
Applications and Notifications Filed During the Week of September 8, 1997
Section I - A pplications subject to n ew spaper notice only
Comment period
ending date
Type
Application
*Section 9
Texas Heritage Bank, Hutto, TX, to establish a branch at **97/10/07
800 South Austin Avenue, Georgetown, TX, 78626
* Subject to CRA.
** Comment period ending date is the date specified in the newspaper only.
N/A - Not available at this time.
Section II - A pplications subject to b o th new spaper a n d F ederal R egister notice
Type
Application
Comment period
ending date
Change in Control Judy Noe M yers, Dallas, TX, only notificant, to acquire an
Notice
interest in Rusk County Bancshares, Inc., Henderson, TX
(Previously reported during the week of September 2, 1997)
***97/09/29
*Section 3(a)(3)
**97/09/30
Paradigm Bancorporation, Inc., Houston, TX, and
Paradigm Delaware Bancorporation, Inc., Dover, DE, to
acquire First National Bank of Dayton, Dayton, TX
* Subject to CRA.
** Comment period ending date is the date specified in the newspaper only.
N/A - Not available at this time.
Federal Reserve Bank of Dallas
Section III - Applications subject to Federal Register notice only
Type
Application
Comment period
ending date
None.
* Subject to CRA.
Section IV - Applications not subject to Federal Register or newspaper notice
Type
None.
Application
Comment period
ending date
Federal Reserve Bank of Dallas
Section V - Publicly available CRA evaluations
Description of the CRA goal against which institutions are evaluated, the four performance levels, and the
institutions for which an evaluation is publicly available.
The CRA requires a periodic evaluation of each covered institution regarding the extent to which is has
ascertained, and helped 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 federal bank regulators use the following four performance levels to rate an institution's performance
under CRA:
Outstanding
Satisfactory
Needs to improve
Substantial noncompliance
RSSD
number
Examination
date
Institution/Location
None.
Section VI - CRA examinations scheduled
Institution
*N/A*
* Not Available.
Quarter of
Location
CRA
public date
CRA
rating
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 9/12/97
Section I - Applications Subject to Newspaper Notice Only
Comment Period Ending Date
Application
Bank of Casa Grande Valley, Casa Grande, Arizona,
to establish a branch office at 325 W. Alma School
Road, Chandler, Arizona. *
Newspaper:
10/03/97
CivicBank of Commerce, Oakland, California, to
establish a branch office at 250 Cambridge Avenue,
Palo Alto, California. *
Newspaper:
10/06/97
Saehan Bancorp, Los Angeles, California, to become a
bank holding company by acquiring Saehan Bank, Los
Angeles, California. *
Newspaper:
9/15/97
Fed. Reg.:
9/19/97
Belvedere Capital Partners, Inc., San Francisco, California;
Newspaper; 9 / 3 0 / 9 7
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
California Community Financial Institutions Fund Limited
Partnership, San Francisco, California; and Newco, San
Francisco, California; to each become bank holding
companies through the acquisition of 63.2 percent of
Security First Bank, Fullerton, California.*
Fed. Reg,:
9 / 2 9 / 9 7
National Bancorp of Alaska, Inc., Anchorage, Alaska, to
indirectly acquire 9.9 percent of Security First Bank,
Fullerton, California.*
Newspaper: 9/29/97
Fed. Reg.:
9/29/97
United Security Bancorporation, Spokane, Washington,
to merge with Community BanCorporation, which owns
Bank of Pullman, both of Pullman, Washington. *
Newspaper:
9/29/97
Fed. Reg.:
Section III -Applications Subject to Federal Register Only
None
* Subject to CRA.
9/29/97
FEDERAL RESERVE BANK OF SAN FRANCISCO
Week ending 9/12/97
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
BYL Bancorp to become a bank holding company by acquiring Bank of Yorba Linda, both of
Yorba Linda, California.
Commerce Security Bancorp, Inc., Huntington Beach, California, to be paid a dividend of
$800,000, by Eldorado Bank, Tustin, California.
Valley Independent Bank, El Centro, California, to become a member of the Federal Reserve System.
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during this week. Information
about a particular institution's CRA evaluation may be obtained directly from the institution.
Institution
Location
Examination Date
Rating*
None
*Under the rating system an institution's CRA performance is assigned one of the following four ratings:
Outstanding record of meeting community credit needs: An institution has an outstanding record of,
and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs: An institution has a satisfactory record of
Ascertaining and meeting the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Needs to Improve record of meeting community credit needs: An institution needs to improve its
overall record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- to moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
Substantial Noncompliance in meeting community credit needs: An institution has a substantially
deficient record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- to moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and
is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no
responsibility for errors or omissions.
H.2A
NoticeofFormations and Mergers of,and Acquisitions by,Bank Holding
Companies; Change inBank Control
Notices Filed as of September 12,1997
The following companies and individuals seek System approval to acquire a bank holding company,
a bank, or a nonbanking company in a transaction that is subject to the Bank Holding Company Act of
1956 (12 U.S.C. 1841 et seq.), the Change in Bank Control Act (12 U.S.C.1817(j)), Regulation Y (12
CFR Part 225), or other applicable statutes and regulations. Comments regarding the applications and
notices must be received in writing at the Reserve Bank indicated, or at the Board of Governors, no
later than the end of the public comment period. Addresses for the Board and Federal Reserve Banks
are listed at the end of this release.
The public portions of the applications and notices, as well as other related filings required by the
Board, may be obtained on an expedited basis by contacting the appropriate Federal Reserve Bank;
addresses are listed at the end of this release. Applications and notices also may be obtained from the
Board.
Applicant or notificant
Acquiree or activity
1867 Western Financial
Corporation^),
Stockton, CA
CONTINUED
Capital Corp of the West,
Merced, CA, & Town &
Country Finance & Thrift
Co., Turlock, CA &
Capital West Group, Inc.,
Stockton, CA operating an
industrial loan co. (bX4);
providing credit life
insurance (bXl 1);
management consulting
(bX9); CONTINUED
1867 Western Financial
Corporation(2),
Stockton, CA
CONTINUED
& investment & financial
advice (bX6)
1867 Western Financial
Corporation, Stockton,
CA
Capital Corp of the West,
Merced, CA & County
Bank, Merced, CA
Section of law
4
Reserve Bank
End of comment period
San Francisco
August 26,1997
4
San Francisco
August 26, 1997
3
San Francisco
September 2,1997
Applicantornotificant
Acquireeoractivity
ALBANK, FSB
Incentive Savings and
Employee Stock
Ownership Plan,
Albany, NY
ALBANK Financial
Corporation, Albany, NY,
& ALBANK Commercial,
Albany, NY, & ALBANK,
FSB, Albany, NY
CIBC
New York
September 10,1997
Albrecht Financial
Services, Inc., Norwalk,
IA
Heartland Bankshares, Inc.,
Madrid, IA & City State
Bank, Grimes, IA
3
Chicago
October 9,1997
ANB Corporation,
Terrell, TX
Lakeside Bancshares, Inc.,
Rockwall, TX & Lakeside
National Bank, Rockwall,
TX
3
Dallas
August 25,1997
Anderson Financial
Group, Inc., Golden
Valley, MN
Northern National Bank,
Nisswa, MN
3
Minneapolis
September 18,1997
Banco Bilbao Vizcaya,
S.A.,
Bilbao, Spain
BBV Latlnvest Securities
Inc.,
New York, NY,
securities activities (bXl),
(bX4),(bX15),and(bX16)
4
New York
March 4,1997
Bank Capital
Corporation, Strasburg,
CO
Guaranty Corporation,
Denver, CO
3
Kansas City
September 26,1997
Bank of New York
Company, Inc.,
New York, NY
State Street Boston
Corporation,
Boston, MA;
State Street Bank and Trust
Company,
Boston, MA
trust, securities and data
processing activities (bX3),
(bX4),and(bX7)
3 and 4
New York
March 14,1997
Banterra Corp,
Eldorado, IL
1st Bancorp Vienna, Inc.,
Vienna,
IL, First State Bank of
Vienna, Vienna, IL
3
St. Louis
July 18,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotifteant
Acquireeoractivity
Sectionoflaw ReserveBank
End ofcomment period
Barnett Banks, Inc.(2),
Jacksonville, FL; First
Union Corp., Charlotte,
NC; First Virginia
Banks, Inc., Falls
Church, VA; Jefferson
Bankshares, Inc.,
Charlottesville, VA;
NationsBank Corp.,
Charlotte, NC; Riggs
Nat'l Corp.,
Washington, D.C.;
CONTINUED
4
Richmond
September 3, 1997
Barnett Banks, Inc.(3),
Jacksonville, FL; Signet
Banking Corp.
Richmond, VA;
SunTrust banks, Inc.,
Atlanta, GA; Synovus
Financial Corp.,
Columbus, GA, &
Wachovia Corporation,
Winston-Salem, NC
4
Richmond
September 3,1997
Barnett Banks, Inc.,
Jacksonville, FL;
Crestar Financial Cor.,
Richmond, VA; First
Union Corp. Charlotte,
NC; NationsBank Corp.,
Charlotte, NC; Southern
National Corp.,
Winston-Salem, NC;
and Wachovia Corp.,
Winston-Salem, NC
HONOR Technologies, Inc.
Maitland, FL
data processing and
electronic funds transfer
services, (bX7)
Card Alert Services, Inc.
Arlington, VA
providing debit card
securities services Q>)(1)
4
Richmond
March 27, 1997
Bloomer Bancshares,
Inc., Bloomer, WI
Peoples State Bank,
Bloomer, WI
3
Minneapolis
September 5,1997
Cabot Bankshares, Inc.,
Cabot, AR
The Capital Bank, Cabot,
AR
3
St. Louis
July 11, 1997
Cabot Bankshares, Inc.,
Cabot, AR
The Capital Bank, Little
Rock, AR
3
St. Louis
August 11, 1997
Cabot Bankshares, Inc.,
Cabot, AR
CORRECTION
The Capital Bank, Little
Rock, AR
3
St. Louis
July 11,1997
Applicantornotificant
Acquireeoractivity
California Community
Financial Institutions
Fund Limited
Partnership; Belvedere
Capital Partners, Inc., &
Newco, all of San
Francisco, CA &
National Bancorp of
Alaska, Inc.,
Anchorage, AL
Securities First Bank,
Fulleton, CA
3
San Francisco
September 29,1997
Calvin B. Taylor
Bankshares, Inc., Berlin,
MD
Calvin B.Taylor Banking
Company of Berlin
Maryland, Berlin, MD, &
Calvin B. Taylor Bank of
Delaware, Ocean View, DE
3
Richmond
September 15,1997
Canadian Impercial
Bank of Commerce(3),
Toronto, CA
CONTINUED
agency transactional
services (bX7); in
underwriting & delaing in
government obligations &
money market instruments,
providing investments &
trading services & buying
& selling bullion & related
activities (bX8)
4
New York
August 28, 1997
Canadian Imperial Bank
of Commerce(l),
Toronto, Canada
CONTINUED
CIBC Wood Gundy
Securities Corp. ("CIBC
Wood Gundy"), New York,
NY, all the outstanding
shares of Oppenheimer
Holdings, Inc., New York,
NY, & its subsidiaries,
including
Oppenheimer & Co., Inc.,
New York, NY in
underwriting &
CONTINUED
4
New York
August 28, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotilicant
Acquireeoractivity
Canadian Imperial Bank
of Commerce(2),
Toronto, Canada
CONTINUED
dealing to a limited extent
in all types of equity & debt
securities; lending (bXl),
(bX2); financial &
investment advisory
services (bX6); securities
brokerage, riskless
principal, private
placement, futures
commission merchant &
other
CONTINUED
4
New York
August 28,1997
Carolina First
Corporation, Greenville,
SC
First Southeast Financial
Corporation, Anderson, SC
& First Federal Savings &
Loan Association of
Anderson, Anderson, SC in
operating a savings & loan
association (bX4Xii)
4
Richmond
September 3, 1997
Carruth, Johnny Bob,
Lubbock, TX;
Cleveland, Walter
Charles, Idalou, TX;
Hobgood, Robert
Charles, Haskel, TX;
Morris, Kim Holder,
Houston, TX; Thigpen,
Joseph Emitt, Haskell,
TX; Toliver, Bailey Lee,
Haskell, TX, & Toliver,
Samuel Ray, Haskell,
TX
First Haskell Bancorp, Inc.,
Haskell, TX & First
National Bank, Haskell, TX
CIBC
Dallas
September 26, 1997
Centre 1 Bancorp, Inc.,
Beloit, WI
First Winnebago
Corporation, Winnebago,
IL & First National Bank of
Winnebago
3
Chicago
September 26, 1997
Citizens Bankers, Inc.,
Baytown, TX
First National Bank of Bay
City, Bay City, TX
3
Dallas
October 6, 1997
Citizens Bankers, Inc.,
Baytown, TX, and
Citizens Bankers of
Delaware, Wilmington,
DE
First National Bank of Bay
City, Bay City, TX
3
Dallas
September 18, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Citizens National Bank
ofWaxahachie
Employee Stock
Ownership Plan,
Waxahachie, TX
First Citizens Bancshares,
Inc. Waxahachie, TX &
Citizens National Bank,
Waxahachie, TX
CIBC
Dallas
September 3,1997
Commercial
Bancshares, Inc.,
Texarkana, AR
Citizens State
Bank, Hempstead, TX
3
St. Louis
July 29,1997
Community Financial
Corp., Olney, IL
MidAmerica Bank of St.
Clair County, O’Fallon, IL
3
St. Louis
September 12,1997
Community First
Bankshares, Inc., Fargo,
ND
Republic National Bancorp,
Inc., Pehoenix, AZ &
Republic National Bank of
Arizona, N.A., Phoenix, AZ
3
Minneapolis
October 6,1997
Community First
Bankshares, Inc., Fargo,
ND
First National Summit
Bankshares, Inc., Gunnison,
CO & First National
Summit Bank, Gunnison,
CO
3
Minneapolis
October 6,1997
Compass Bancshares,
Inc., Birmingham, AL
GSB Investments, Inc.,
Gainesville, FL &
Gainsville State Bank,
Gainesville, FL
3
Atlanta
October 6,1997
Cortez Investment Co.,
Cortez, CO
The Cortez State Bank,
Cortez, CO
3
Kansas City
October 6,1997
Crestar Financial
Corporation, Richmond,
VA
American Naf I Bancorp,
Inc., & American Nafl
Savings Bank, F.S.B.,
Baltimore, MD acting as
agent in the sale of mutual
funds (bX7); in the sale of
home mortgage redemption
insurance (bXl 1X0; and in
the sale of annuities
(bXHXvii)
4
Richmond
August 15,1997
Cross County Bank
Employee Stock
Ownership Plan,
Wynne, AR
Cross County Bancshares,
Inc., Wynne, AR, and
Cross County Bank,
Wynne, AR
CIBC
St. Louis
August 4,1997
Sectionoflaw .ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Deutsche Bank, AG
(Main)
Federal Republic of
Germany
Ganis Credit Corporation,
Newport Beach, CA,
lending (b)(1)
4
New York
May 12,1997
Estrin Associates,
L.L.C. and Estrin
Family Limited
Partnership, Bethesda,
MD
Estrin Associates, L.L.C. &
Estrin Family Limited
Partnership T l, Bethesda,
MD
CIBC
Richmond
July 15, 1997
Exchange National
Bancshares, Inc.,
Jefferson City, MO
Union State Bancshares,
Inc., Clinton, MO & Union
State Bank & Trust
Company of Clinton,
Clinton, MO
3
St. Louis
October 2,1997
F.N.B. Corporation,
Hermitage PA &
Southwest Banks, Inc.,
Naples, FL
Mercantile Bank of
Southwest Florida, Naples,
FL
3
Cleveland
October 10,1997
F.N.B. Corporation,
Hermitage, PA
Indian Rocks State Bank,
Largo, FL
3
Cleveland
September 2, 1997
FBOP Corporation, Oak
Park, IL
First Capital Bank of
Arizona, Phoenix, AZ
3
Chicago
October 2,1997
First Commercial
Corporation, Little
Rock, AR
First Charter Bancshares,
Inc., North Little Rock, AR,
& Charter State Bank,
Beebee, Arkansas, Beebe,
AR
3
St. Louis
September 19,1997
First Financial
Bankshares, Inc.,
Abilene, TX
Southlake Bancshares, Inc.,
Southlake, TX & Texas
National Bank, Southlake,
TX
3
Dallas
September 19, 1997
First National
Bancshares, Inc., East
Lansing, MI
Finance Company of North
America, LLC, East
Lansing, MI in making and
servicing loans (b)(1)
4
Chicago
August 17, 1997
First National Bank of
Las Animas ESOP, Las
Animas, CO
First Bankshares of Las
Animas, Inc., Las Animas,
CO & First National Bank,
Las Animas, CO
3
Kansas City
October 6,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
First National of
Nebraska, Inc., Omaha,
NE, & its subsidiary
First National of
Colorado, Inc., Fort
Collins, CO
Platte Valley National
Bank, Grand Island, NE &
First National of Nebraska,
Lincoln, NE
3
Dallas
August 25,1997
First State Bancorp of
Monticello, Inc.,
Employee Stock
Ownership Plan(l),
Monticello, IL
CONTINUED
First State Bancorp of
Monticello, Inc.,
Monticello, IL & State
Bank of Hammond,
Hammond, IL; First State
Bank of Monticello,
Monticello, IL; First State
Bank of Bloomington,
Bloomington, IL; First State
Bank of Heyworth,
Heyworth, IL
CONTINUED
3
Chicago
September 12,1997
First State Bancorp of
Monticello, Inc.,
Employee Stock
Ownership Plan(2),
Monticello, IL
CONTINUED
& First State Bank of
Atwood, Atwood, IL
3
Chicago
September 12,1997
First State Bancshares,
Inc., Farmington, MO
Perry County Financial
Corporation, Perryville,
MO, and
Perry County Savings
Bank, FSB,
Perryville, MO operating a
savings
association (b)(4)
4
St. Louis
August 1,1997
First Union
Corporation 1),
Charlotte, NC
CONTINUED
Signet Banking Corp., &
Signet Bank, Richmond,
VA; Signet Commercial
Credit Corp., Richmond,
VA making loans that are
typcially secured by
inventory, accounts
receivable or like security
& are generally structured
on a revolving basis (b)(1);
CONTINUED
3 and 4
Richmond
September 19,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
First Union
Corporation^),
Charlotte, NC
CONTINUED
and other nonbanking
activities (bXl 1X*V); 0>X5)
(b)(7), (b)(8), (bX6)
3 and 4
Richmond
September 19,1997
First United Bancshares,
Inc., El Dorado, AR
City Bank & Trust of
Shreveport, Shreveport, LA
3
St. Louis
October 9,1997
FirstBank Holding
Company of Colorado,
ESOP, Lakewood, CO
FirstBank Holding
Company of Colorado,
Lakewood, CO
3
Kansas City
October 9,1997
FirstBank Holding
Company of Colorado,
Lakewood, CO
FirstBank of Parker, Parker,
CO
3
Kansas City
September 19,1997
FSB Bancorp, MHC &
FSB Bancorp, both of
Farmington, ME
CORRECTION
Franklin Savings Bank,
Farmington, MN
CIBC
Boston
August 28, 1997
FSB Bancorp, MHC,
and FSB Bancorp, both
of Farmington, ME
Franklin Savings Bank,
Farmington, ME
3
Boston
August 28, 1997
George Washington,
Bancorp, Inc., Oak
Lawn, IL
George Washington
Savings Bank, Oak Lawn,
IL
3
Chicago
October 6,1997
Gideon Bancshares
Company,
Dexter, MO
First Midwest Bank of
Chaffee,
Chaffee, MO
3
St. Louis
June 20,1997
Gilinski, Jaime, Santafe
de Bogota, Columbia
Eagle National Holding
Company, Inc., Miami, FL
CIBC
Atlanta
October 1,1997
Gold Banc Corporation,
Inc., Leawood, KS
Farmers Bancshares of
Oberlin, Inc., Oberlin, KS,
and Farmers National Bank,
Oberlin, KS
3
Kansas City
August 21, 1997
Greenblatt, Leon A., Ill,
and Chiplease, Inc.,
both of Chicago, IL
Home Financial Bancorp,
Spencer, IN, and Owen
Community Bank, S.B.,
Spencer, IN
CIBC
Chicago
July 9,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Greer, Elmo,
East Bemstadt, KY
Cumberland Valley
Financial Company,
London, KY
CIBC
Cleveland
May 23,1997
Grell, Steven; Bovee
Investment Trust,
Bovee, Michael R.,
Trustee; Tamisiea,
Bruce; Nystrom, Bruce;
Grave, Gary; Cotton,
John M.; & Hultgren,
David M.; all of
Spencer, IA, acting in
concert
Albert City Bankshares,
Inc., Albert City, IA &
Albert City Savings Bank,
Albert City, IA & The
Citizens State Bank,
Marathon, IA
CIBC
Chicago
August 29, 1997
Harbor, Lacy J.,
Denison, TX
Marble Falls National
Bancshares, Inc., Marble
Falls, TX,& Marble Falls
National Bank, Marble
Falls, TX
CIBC
Dallas
September 4,1997
Hardin County
Bancshares, Inc.,
Savannah, TN
Majors Insurance Agency,
Inc.,
Adamsville, TN general
insurance agency activities
in a town of less than 5,000
(bXH)
4
St. Louis
August 26,1997
Heartland Bancshares,
Inc., Franklin, IN
Heartland Community
Bank, Franklin, IN
3
Chicago
September 12,1997
Heath, Craig Dwight,
Phoenix, AZ
Texico Bancshares
Corporation, Texico, IL &
Texico State Bank, Texico,
IL
CIBC
St. Louis
October 1, 1997
Hibernia Corporation,
New Orleans, LA
Unicorp Bancshares-Texas
Inc., Orange, TX, and
OrangeBank, Orange, TX
3
Atlanta
August 11, 1997
Industrial Bank of
Japan, Ltd.,
Tokyo, Japan
Aubrey G. Lanston & Co.,
Inc.,
New York, NY, securities
activities (bX7); data
processing (bX14);
financial & investment
activities (b)(6); and
underwriting (b)($)
4
New York
May 12, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
International
Bancorporation, Golden
Valley, MN
Northern National Bank,
Nisswa, MN
3
Minneapolis
September 18,1997
Iron Bancshares, Inc.,
Salisbury, CT
The National Iron Bank,
Salisbury, CT
3
Boston
October 2,1997
Jackson Boulevard
Fund, Ltd.; Jackson
Boulevard Equities, L.P.
& Paul J. Duggan, all of
Chicago, IL
Damen Financial
Corporation, Schaumburg,
IL & Damen National
Bank, Schaumburg, IL
CIBC
Chicago
September 3,1997
Jacobsen, Sam J.,
Middleton, WI
First Business Bancshares,
Madison, WI & First
Business Bank, Madison,
WI
CIBC
Chicago
August 28,1997
Jasper Banking
Company Second
Amended and Restated
Employee Stock
Ownership Stock Bonus
Plan (ESOP), Jasper, GA
JBC Bancshares, Inc.,
Jasper, GA
CIBC
Atlanta
August 12,1997
Kazi, Zubair and Khatija,
Studio City, CA;
and Yahia and Magda
Abdul-Rahman,
Pasadena, CA
Kentucky Home Bank,
Bardstown, KY
3
San Francisco
April 17, 1997
Keystone Financial,
Inc., Harrisburg, PA
MMC & P, Inc., Pittsburgh,
PA employee benfits
consulting services (bX9)
4
Philadelphia
July 29,1997
Kroll, Rodney, G;
Copeland, Newman E.;
Slamans, Scott J.; Gray,
Rondy, T.; Turner,
Charles B.; DuBois,
James H., all of Waco,
TX, and Salome,
Tommy G., Crawford,
TX, & Time
Manufacturing
Company., Waco, TX
First Riesel Corporation,
Riesel, TX & First State
bank, Riesel, TX
CIBC
Dallas
September 30,1997
Sectionoflaw .ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Lagomarsino, Richard
A., and Robert J.,
both of Ventura, CA, &
Wood, Catherine S.,
Carpinteria,
CA; acting in concert
Americorp, Ventura, CA,
and American Commercial
Bank, Ventura, CA
CIBC
San Francisco
August 6,1997
Lagomarsino, Richard
A.; Lagomarsino,
Ramona; Ramona
Lagomarsino Family
Limited Partnership;
Lagomarsino, Robert J.,
all of Ventura, CA; &
Lagomarsino, Norma
M; Wood, Catherine S.;
& Wood, Jack W.;
acting in concert, all of
Carpinteria, CA
Americorp, Ventura, CA,
and American Commerical
Bank, Ventura CA
CIBC
San Francisco
August 20, 1997
Landmark Bancorp,
Inc., Margate, FL
Sunniland Bank, Fort
Lauderdale, FL
3
Atlanta
September 19, 1997
Leake Family
Partnership, L.P.,
Jackson,
MS
Citizens Capital
Corporation, Magee, MS,
and
Citizens State Bank, Magee,
MS
CIBC
Atlanta
July 23, 1997
Lexington B & L
Financial Corp.,
Lexington,
MO
Lafayette Bancshares, Inc.,
Lexington, MO, and
Lafayette
County Bank of
Lexington/Wellington,
Lexington, MO; and B & L
Bank, Lexington, MO
operating a savings
association (bX4)
3 and 4
Kansas City
August 4, 1997
Lloyds TSB Group
PLC, and Lloyds Bank
PLC,
both of London, England
LAI Holdings Inc.,
Investment Advisers, Inc.,
Minneapolis, MN, trust
services (b)(3); investment
advisory services (bX4);
full-service brokerage
(b)(15); foreign exchange
execution & advisory
services, and other advisory
& administrative services
4
New York
March 26,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Mahaska Investment
Company, Oskaloosa, IA
Pella State Bank, Pella, IA
3
Chicago
September 12,1997
MainStreet BankGroup
Incorporated,
Martinsville, VA
Commerce Bank
Corporation, College Park,
MD
3
Richmond
October 6, 1997
Marengo Bancshares,
Inc., Marengo, IL
Prairie State Bank,
Marengo, IL
3
Chicago
October 2,1997
Maries County Bancorp,
Inc., Vienna, MO
Progress Bancshares, Inc.,
Sullivan, MO, and Progress
Bank of Sullivan, Sullivan,
MO, a de novo bank
3
St. Louis
August 15, 1997
Mercantile Bank
Corporation, Grand
Rapids, MI
Mercantile Bank of West
Michigan, Grand Rapids, MI
3
Chicago
October 9, 1997
Metcalf, Imogene and
Butler, Charles W., both
of Hooker, OK
Hooker National
Bancshares, Inc., Hooker,
OK, & First National Bank,
Hooker, OK
CIBC
Kansas City
September 10,1997
Middleburg Bancorp,
Inc., Middleburg, KY
Lincoln Federal Savings
Bank, Liberty, KY in the
operation of a federal
savings bank (b)(4)
4
St. Louis
July 24,1997
MidSouth Bancorp, Inc.,
ESOP, Lafayette, LA
MidSouth Bancorp, Inc.,
Lafayette, LA & MidSouth
National Bank, Lafayette,
LA
CIBC
Atlanta
September 30,1997
Midwest Community
Bancshares, Inc.,
Marion, IL
The Bank of Marion,
Marion, IL
3
St. Louis
September 2, 1997
Mutual Bancorp of the
Berkshires, Inc.,
Pittsfield, MA
Lee National Banc Corp.,
Lee, MA, 8c First National
Bank of the Berkshires,
Lee, MA & City Savings
Bank of Pittsfield,
Pittsfield, MA
3
Boston
September 19,1997
Sectionoflaw Reserve Bank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Myers, Judy Noe,
Dallas, TX
Rusk County Bancshares,
Inc., Henderson, TX &
Peoples State Bank,
Henderson, TX
CIBC
Dallas
September 24,1997
National Bank of
Canada, Montreal,
Canada & NatBC
Holding Corporation,
Hollywood, FL
Natbank, N.A., Hollywood,
FL & Natbank, N.A.
3
New York
October 3,1997
National City
Bancshares, Inc.,
Evansville, IN
Bridgeport Bancorp, Inc.,
Bridgeport, IL, and First
National Bank of
Bridgeport, Bridgeport, IL
3
St. Louis
June 6,1997
National City
Bancshares, Inc.,
Evansville, IN
Fourth First Bancorp, Inc.,
Huntingburg, IN & First
Bank of Huntingburg,
Huntingburg, IN
3
St. Louis
October 3,1997
New Amboy, Inc., Old
Bridge, NJ
Amboy Bancorporation,
Old Bridge, NJ & Amboy
National Bank, Old Bridge,
NJ
3
New York
September 26,1997
North Fork
Bancorporation, Inc.,
Melville, NY
Branford Savings Bank,
Branford, CT
3
New York
September 18,1997
Northside Banking
Corporation, Tampa, FL
Northside Bank of Tampa,
Tampa, FL
3
Atlanta
August 29, 1997
Norwest Corporation,
Minneapolis, MN
Int’l Bancorp, Golden
Valley, MN & Northern
Nafl Bank, Int'l Falls, MN;
City Nafl Bank of Cloquet,
Cloquet, MN & Northern
Nafl Bank, Nisswa, MN &
Norwest Investment
Services, Inc., Minneapolis,
MN securities &
underwriting activites (bX7)
&(bX«)
3 and 4
Minneapolis
September 12,1997
Sectionoflaw .ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
O.A.K. Financial
Corporation, Byron
Center,
MI
Caledonia Financial
Corporation,
Caledonia, MI, & State
Bank of Caledonia,
Caledonia,
MI
3
Chicago
August 15,1997
Olympian New York
Corporation, Brooklyn,
NY
Olympian Bank, Brooklyn,
NY
3
New York
October 9,1997
Olympic Bancorp, Port
Orchard, WA
Kitsap Bank, Port Orchard,
WA
3
San Francisco
September 19, 1997
One Valley Bancorp,
Inc., Charleston, WV
One Valley Bank-Central
Virginia, N.A., Lynchburg,
VA
3
Richmond
October 9, 1997
P.C.B. Bancorp, Inc.,
Largo, FL
Anchor Savings Bank,
F.S.B., St. Petersburg, FL
operating a savings
association (bX4)
4
Atlanta
August 8,1997
Paradigm
Bancorporation, Inc.,
Houston, TX &
Paradigm Delaware
Bancorporation, Inc.,
Dover, DE
First National Bank of
Dayton, Dayton, TX
3
Dallas
October 3,1997
Patel, Sushilaban,
London, England, acting
in concert
CORRECTION
First Bankshares, Inc.,
Longwood, FL & First
National Bank of Central
Florida, Longwood, FL
CORRECTION
CIBC
Atlanta
September 30, 1997
Patel, Susma; Patel,
Suketu Madhusudan
(Suku); Patel, Parimal
Kantibhai (Perry);
Amin, Bharat Muljibhai,
London, England; and
King, Dennis John
Lloyd, Surrey, England;
collectively, as the Patel
Group
First Bankshares, Inc.,
Longwood, FL, and First
National Bank of Central
Florida, Longwood, FL
CIBC
Atlanta
June 26, 1997
Sectionoflaw JReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Patel, Susma;Patel
(Suku), Suketu
Madhusudan; Patel
(Perry), Parimal
Kantibhai; Amin, Bharat
Muljibhai, London,
England; and King,
Dennis John Lloyd,
Surrey, England;
collectively, as the Patel
Group
First Bankshares, Inc.,
Longwood, FL, and
First National Bank of
Central Florida, Longwood,
FI
CIBC
Atlanta
May 30,1997
Peoples Bancorp, Inc.,
Marietta, OH
Gateway Bancorp, Inc.,
Catlettsburg, KY, and
Catlettsburg Federal
Savings Bank, Catlettsburg,
KY operating a savings
association (b)(4)(H)
4
Cleveland
August 1, 1997
Peoples Bank
Employee Stock
Ownership Trust,
Marion, KY
Peoples-Marion Bancorp,
Inc.,
Marion, KY
3
St. Louis
June 12, 1997
Peoples Commercial
Bancorp, Inc., Stilwell,
OK
Bank of Commerce,
Stilwell, OK & Peoples
Bank, Westville, OK
3
Kansas City
September 26, 1997
Peoples Community
Bancshares, Inc.,
Colquitt,
GA
Farmers Bank of Malone,
Malone, FL
3
Atlanta
August 11, 1997
Peoples Financial Corp.,
Inc., Ford City, PA
Elderton State Bank,
Elderton, PA
3
Cleveland
August 25,1997
Peoples-Marion
Bancorp, Inc.,
Marion, KY
The Peoples Bank,
Marion, KY
3
St. Louis
June 12, 1997
Plainview Holding
Company,
Pilger, NE
American National
Creighton Co.,
Creighton, NE, and
American National Bank of
Creighton,
Creighton, NE
3
Kansas City
June 23, 1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Planters & Merchants
Bancshares, Inc.,
Heame,
TX, & Planters &
Merchants Bancshares
of Delaware, Inc.,
Wilmington, DE
Homestead Bank, S.S.B.,
College Station, TX
3
Dallas
August 14,1997
Platt, Michael D.,
Hardtner, KS; Molz,
James L., Kiowa, KS;
Collins, David C., &
Pederson, Roland
C., both of Burlington,
OK
B-K Agency, Inc. Hardtner,
KS, & The Farmers State
Bank, Hardtner, KS
CIBC
Kansas City
September 10,1997
Premier Financial
Bancorp, Inc.,
Georgetown,
KY
The Sabina Bank, Sabina,
OH
3
Cleveland
August 21, 1997
Prestige Financial Corp.,
Flemington, NJ
PSC Financial Services,
Inc., Flemington, NJ
securities brokerage
activities (bX7(i)
4
New York
September 16,1997
Prillaman, Bob Maurice
& Lillias B., Marietta,
GA
Independent Bancshares,
Inc., Powder Springs, GA
CIBC
Atlanta
August 29,1997
Proffitt, Richard Todd,
Pigeon Forge, TN
Tennessee State
Bancshares, Inc., Pigeon
Forge, TN (formerly
Gatlinburg, TN), and
Tennessee State Bank,
Gatlinburg, TN
CIBC
Atlanta
August 5,1997
Progress Bancshares,
Inc., Sullivan, MO
Progress Bank of Sullivan,
Sullivan, MO, a
de novo bank
3
St. Louis
August 8, 1997
Provident Financial
Group, Inc., & FGBI
Acquisition Corp., both
of Cincinnati, OH
Florida Gulfcoast Bancorp,
Inc., Sarasota, FL, and
Enterprise National Bank of
Sarasota,
Sarasota, FL
3
Cleveland
July 24,1997
Sectionoflaw ReserveBank
End ofcomment period
Applicantornotificant
Acquireeoractivity
Regions Financial
Corporation,
Birmingham, AL
Griffin Federal Savings
Bank, Griffin, GA operating
a savings association (bX4)
4
Atlanta
September 15,1997
Rice Lake Bancorp,
Inc., Rice Lake, WI
TALCO, Inc., Menomonie,
WI & Menomonie Shares,
Inc., Menomonie, WI;
Menomonie Financial
Services, Inc., Menomonie,
WI & First Bank and Trust,
Menomonie, WI
3
Minneapolis
October 9,1997
Rockdale National
Bankshares, Conyers,
GA
CORRECTION
Rockdale National Bank,
Conyers, GA
3
Atlanta
August 22, 1997
Rockdale National
Bankshares, Inc.,
Conyers, GA
Rockdale National Bank,
Conyers, GA
3
Atlanta
August 25,1997
Rockdale National
Bankshares, Inc.,
Conyers, GA
Rockdale National Bank,
Conyers, GA
3
Atlanta
August 22,1997
Rossenberg, Clifford R.,
Sunset Beach, CA
Security First Bank,
Fullerton, CA
CIBC
San Francisco
May 27,1997
Saehan Bancorp, Los
Angeles, CA
Saehan Bank, Los Angeles,
CA
3
San Francisco
September 19,1997
Santander Holding
Intemacional, S.A., and
Santusa Holding, S.L.,
both of Madrid, Spain
Banco Santander Puerto
Rico, San Juan, Puerto
Rico. Santander Holding
Invemacional, S.A.,
Santusa Holding, S.L., &
Banco Santander Puerto
Rico all currently are
subsidiaries of Banco
Santander, S.A., Madrid,
Spain
3
New York
September 10,1997
Shields, James Homer,
III, London, England
Sebastian Bankshares, Inc.,
Barling, AR & River Valley
Bank and Trust, Lavaca, AR
CIBC
St. Louis
September 24,1997
Sectionoflaw .ReserveBank
End ofcomment period
Applicantornotiflcant
Acquireeoractivity
Smith, Carmen P.
Family Limited
Partnership; Smith,
Carmen P.; &
Woodruff, Peggie J., as
General Partners, all of
Wichita Falls, TX
AmeriBancShares, Inc.,
Wichita Falls, TX&
AmeriBancShares of
Delaware, Inc.,
Wilmington, DE &
American National Bank,
Wichita Falls, TX
CIBC
Dallas
September 24,1997
Smith, James Randel,
Auburn, NE; Jobe, Jerry
A. Tabor, IA; and
Schaaf, Grant, T.,
Randolph, IA
Tabor Enterprises, Inc.,
Tabor, IA & First State
Bank, Tabor, IA
CIBC
Chicago
October 1,1997
Spanjer, Leland, Cozad,
NE, in his capacity as
Personal Representative
of the Estate of Clifford
G. Young
C.S.B. Co., Cozad, NE,
Cozad State Bank & Trust
Company, Cozad, NE, and
First National Bank of
Chadron, Chadron, NE
CIBC
Kansas City
August 11,1997
Spectrum
Bancorporation, Inc.,
Omaha, NE
First Savings & Loan
Association of South
Dakota, Inc., Aberdeen, SD
in the operation of a savings
association (b)(4)
4
Minneapolis
September 26,1997
Spehar, David L. &
Nancy A., Kansas City,
KS
First Community
Bancshares, Inc., Kansas
City, KS, and First
Community Bank, Kansas
City, KS
CIBC
Kansas City
August 5,1997
Suez Lyonnaise des
Euax, Paris, France;
Societe Generale de
Belgique, Brussels,
Belguim; and Generale
de Banque, Brussels,
Belguim
Harbor Capital
Management, Inc., Boston,
MA investment advisory
activities (b)(6); investment
transactions as principal
(b)(8); & serve as general
partner of & provide
management & private
placement services to
unregistered investment
funds
4
New York
August 21, 1997
Sectionoflaw .ReserveBank
End ofcomment period
Applicant or notificant
Acquiree or activity
Texas Financial
Bancorporation, Inc.,
Minneapolis, MN &
Delaware Financial,
Inc., Wilmington, DE
CNB Bancshares of
Victoria, Victoria, TX &
Citizens Bancorp of
Delaware, Inc.,
Wilimington, DE &
Citizens National Bank,
Victoria, TX
3
Dallas
September 26,1997
The Bank of Mulberry
Employee Stock
Ownership
Trust,
Mulberry, AR
ACME Holding
Company, Inc.,
Mulberry, AR, and
The Bank of Mulberry,
Mulberry, AR
3
St. Louis
June 23,1997
The Chase Manhattan
Corporation & Chase
Holdings Delaware,
Inc., New York, NY
CORRECTION
Chase Manhattan Bank &
Trust Company, National
Association, Los Angeles,
CA
3
New York
August 18, 1997
The Chase Manhattan
Corporation and Chase
Holding
Delaware Inc., New
York, NY
Chase Trust Company,
National Association, Los
Angeles, CA
3
New York
August 18, 1997
The Marine BancCorp,
Inc., Chincoteague, VA
The Marine Bank,
Chincoteague, VA
3
Richmond
October 6, 1997
Triangle Bancorp, Inc.,
Raleigh, NC
Bank of Mecklenburg,
Charlotte, NC
3
Richmond
August 1, 1997
Union Bancshares, Inc.,
Fargo, ND
Union State Bank of Fargo,
Fargo, NET
3
Minneapolis
September 15,1997
Union Planters
Corporation, Memphis,
TN
Capital Bancorp, Miami, FL
& Capital Bank, Miami, FL
3
St. Louis
October 3,1997
United Bankshares, Inc.,
Charleston, WV
First Patriot Bankshares
Corporation,
Reston, VA, and
Patriot National Bank,
Reston, VA
3
Richmond
June 16,1997
Section of law
Reserve Bank
End of comment period
Applicant or notificant
Acquiree or activity
UST Corp. Boston, MA
CORRECTION
Firestone Financial Corp.,
Newton, MA in installment
loan and lease financing
activities to commercial
customer (b)(1) & (b)(3)
4
Boston
Septembers, 1997
UST Corp., Boston, MA
Firestone Financial Corp.,
Newton, MA in installment
loan & lease financing
activities to commercial
customers (b)(1) & (b)(3)
4
Atlanta
September 15,1997
Vail Banks, Inc., Vail,
CO
Cedaredge Financial
Services, Inc., Cedaredge,
CO
3
Kansas City
October 6, 1997
Voorhees, Steven L.,
Harvard, NE
Harvard State Company,
Harvard, NE & Harvard
State Bank, Harvard, NE
CIBC
Kansas City
September 29, 1997
Wachovia Corporation,
Winston-Salem, NC
Central Fidelity Banks,
Inc., & Central Fidelity
National Bank, Richmond,
VA; Central Fidelity
Insurance Agency,
Inc., Richmond, VA acting
as an agent or broker in the
sale of credit related
insurance (b)(l 1)
3 and 4
Richmond
September 26,1997
Wachovia Corporation,
Winston-Salem, NC
1st United Bancorp, Boca
Raton, FL, & First United
Bank, Boca Raton, FL, &
United Bancorp's
subsidiary, Island
Investment Service, Inc.,
Palm Beach, FL in
securities brokerage
activities (b)(7)(i)
3
Richmond
September 15, 1997
Yaeger, Marion P.,
Trust, Grand Rapids, MI
Litchfield Bancshares
Company, Litchfield, IL &
Litchfield National Bank,
Litchfield, IL
CIBC
St. Louis
September 26, 1997
Young, David E.,
Chattanooga, TN
East Ridge
Bancshares, Inc., East
Ridge, TN, and Bank of
East Ridge, East Ridge, TN
CIBC
Atlanta
July 22, 1997
Section of law
Reserve Bank
End of comment period
Applicant or notificant
Acquiree or activity
Young, Susan Aileen,
Chicago, IL
C.S.B. Co., Cozad, NE, and
Cozad State Bank & Trust
Company, Cozad, NE, and
First National Bank of
Chadron, Chardron, NE
Zions Bancorporation,
Salt Lake City, UT
Zions Bancorporation,
Salt Lake City, UT
Section of law
Reserve Bank
End of comment period
CIBC
Kansas City
August 5, 1997
GB Bancorporation, San
Diego, CA & Grossmont
Bank, San Diego, CA;
Rancho Vista National
Bank, Vista, CA & Pacific
Commerce Bank, Chula
Vista, CA
3
San Francisco
September 22,1997
GB Bancorporation, San
Diego, CA, & Grossmont
Bank, San Diego, CA
3
San Francisco
September 15,1997
Addresses for Comments and Information Requests
Addresses for com m ents differ from those for information requests.
Addresses fo r Comments
Comments on the applications and notices may be sent to the appropriate Federal Reserve Bank or
the Board.
Federal Reserve Bank of Boston
Richard Walker, Community Affairs Officer, 600 Atlantic Avenue, Boston, MA
02106-2204
Federal Reserve Bank of New York
Betsy Buttrill White, Senior Vice President, 33 Liberty Street, New York, NY 10045-0001
Federal Reserve Bank of Philadelphia
Michael E. Collins, Senior Vice President, 100 North 6th Street, Philadelphia,
PA 19105-1521
Federal Reserve Bank of Cleveland
Jeffrey Hirsch, Banking Supervisor, 1455 East Sixth Street, Cleveland, OH
44101-2566
Federal Reserve Bank of Richmond
A. Linwood Gill, III, Assistant Vice President, 701 East Byrd Street, Richmond, VA 23261-4528
Federal Reserve Bank of Atlanta
Lois Berthaume, Vice President, 104 Marietta Street, N.W., Atlanta, GA
30303-2713
Federal Reserve Bank of Chicago
Philip Jackson, Applications Officer, 230 South LaSalle Street, Chicago, IL
60690-1413
Federal Reserve Bank of St. Louis
Randall C. Sumner, Vice President, 411 Locust Street, St. Louis, MO 63102-2034
Federal Reserve Bank of Minneapolis
Karen L. Grandstrand, Vice President, 250 Marquette Avenue, Minneapolis, MN 55480-2171
Federal Reserve Bank of Kansas City
D. Michael Manies, Assistant Vice President, 925 Grand Avenue, Kansas City, MO 64198-0001
Federal Reserve Bank of Dallas
Genie D. Short, Vice President, 2200 North Pearl Street, Dallas, TX 75201-2272
Federal Reserve Bank of San Francisco
Pat Marshall, Manager of Analytical Support, Consumer Regulation Group, 101 Market Street, San
Francisco, CA 94105-1579
Board of Governors of the Federal Reserve System
William W. Wiles, Secretary, 20th & Constitution Avenue, N.W., Washington, DC 20551-0001
Information Requests
The public portions of the applications and notices currently listed in this release are available on an
expedited basis from the appropriate Federal Reserve Bank. The public portion of the application also
may be obtained from the Board.
Federal Reserve Bank of Boston
Jonathan Fine (TEL: 617-973-3339; FAX: 617-973-3219)
Federal Reserve Bank of New York
Margaret Carmody (TEL: 212-720-7924; FAX: 212-720 -6628)
Federal Reserve Bank of Philadelphia
Rosanna Crosier (TEL: 215-574-6581; FAX: 215-574-4146)
Federal Reserve Bank of Cleveland
Jim Terlop (TEL: 216-579-2197; FAX: 216-579-2932)
Federal Reserve Bank of Richmond
Gaile Clark (TEL: 804-697-8825; FAX: 804-697-8283)
Federal Reserve Bank of Atlanta
Wayne Smith (TEL: 404-589-7265; FAX: 404-589-7342)
Federal Reserve Bank of Chicago
Frank Skweres (TEL: 312-322-4785; FAX: 312-322-5894)
Federal Reserve Bank of St. Louis
Cathie Windsor (TEL: 314-444-4638; FAX: 314-444-8740)
Federal Reserve Bank of Minneapolis
Paula Charles (TEL: 612-372-2982; FAX: 612-344-2702)
Federal Reserve Bank of Kansas City
Patty Biesemeyer (TEL: 816-881-2464; FAX: 816-881-2252)
Federal Reserve Bank of Dallas
Rob Jolley (TEL: 214-922-6071; FAX: 214-922-6302)
Federal Reserve Bank of San Francisco
Michael Johnson (TEL: 415-974-2995; FAX: 415-974-3031)
Board of Governors of the Federal Reserve System
Freedom of Information Office (TEL: 202-452-3684; FAX: 202-872-7562, and 202-872-7565)
H.2A
NoticeofFormations and Mergers of,and Acquisitions by,Bank Holding
Companies; Change inBank Control
Notices Filed since the H.2A dated Septem ber 12,1997
The following companies and individuals seek System approval to acquire a bank holding company,
a bank, or a nonbanking company in a transaction that is subject to the Bank Holding Company Act of
1956 (12 U.S.C. 1841 et seq.), the Change in Bank Control Act (12 U.S.C.1817(j)), Regulation Y (12
CFR Part 225), or other applicable statutes and regulations. Comments regarding the applications and
notices must be received in writing at the Reserve Bank indicated, or at the Board of Governors, no
later than the end of the public comment period. Addresses for the Board and Federal Reserve Banks
are listed at the end of this release.
The public portions of the applications and notices, as well as other related filings required by the
Board, may be obtained on an expedited basis by contacting the appropriate Federal Reserve Bank;
addresses are listed at the end of this release. Applications and notices also may be obtained from the
Board.
Section of law
Applicant or notiflcant
Acquiree or activity
Citizens Financial
Corp., Midwest City, OK
U.S. National Bank,
Midwest City, OK
3
Kansas City
October 16, 1997
Coddle Creek Financial
Corp., Mooresville, NC
Mooresville Savings Bank,
SSB, Mooresville, NC
3
Richmond
October 16, 1997
Community National
Corporation, Lexington,
TN
Community National Bank
of Tennessee, Lexington,
TN
3
St. Louis
October 17, 1997
First Banks, Inc., St.
Louis, MO
Surety Bank, Vallejo, CA
3
St. Louis
October 14, 1997
Griffin Investment, L.P.
& Griffin General
Partner, Inc., both of
Cameron, MO
Griffin Bancshares, Inc.,
Cameron, MO & Pony
Express Bank, Braymer,
MO
3
Kansas City
October 16, 1997
Reserve Bank
End of comment peril
Applicant or notificant
Acquiree or activity
Nonvest Corporation,
Minneapolis, MN,
through its wholly
owned subsidiaries
Norwest Financial
Services, Inc., and
Norwest Financial, Inc.,
both of Des Moines, IA
Cityside Fin.’l Serv.s of WI,
Inc., Cityside Savings &
Fin.'l Services, Co., &
Cityside Insurance Co.,
Ltd., Eden Prairie, MN, in
consumer fin. (bXl); the
sale of insur. (b)(l 1X0, (ii)
& (iii) & the operation of a
nonbank depository
institution (bX4)
4
Minneapolis
October 17,1997
Olney Bancshares of
Texas, Inc., Olney, TX
& Olney Bancorp of
Delaware, Inc.,
Wilimington, DE
First National Bank of
Borger, Borger, TX;
Citizens National Bank of
Childress, Childress, TX &
First State Bank of
Canadian, N.A., Canadian,
TX
3
Dallas
October 16,1997
Peoples Bancorporation,
Inc., Cuba, MO
Peoples Investment
Corporation, Cuba, MO &
Peoples Bank, Cuba, MO
3
St. Louis
October 17,1997
Popular, Inc., Hato Rey,
Puerto Rico
Houston Bancorporation,
Inc., Houston, TX, &
Citizens National Bank,
Houston, TX
3
New York
October 16,1997
SIS Bancorp, Inc.,
Springfield, MA
Glastonbury Bank & Trust
Company, Glastonbury, CT
3
Boston
October 16,1997
The First National Bank
at St. James, ESOP, St.
James, MN
The First National Agency
at St. James, St. James, MN
& The First National Bank
at St. James, St. James, MN
3
Minneapolis
October 17,1997
Section of law
Reserve Bank
End of comment period
Addresses for Comments and Information Requests
Addresses for com m ents differ from those for information requests.
Addresses fo r Comments
Comments on the applications and notices may be sent to the appropriate Federal Reserve Bank or
the Board.
Federal Reserve Bank of Boston
Richard Walker, Community Affairs Officer, 600 Atlantic Avenue, Boston, MA
02106-2204
Federal Reserve Bank of New York
Betsy Buttrill White, Senior Vice President, 33 Liberty Street, New York, NY 10045-0001
Federal Reserve Bank of Philadelphia
Michael E. Collins, Senior Vice President, 100 North 6th Street, Philadelphia,
PA 19105-1521
Federal Reserve Bank of Cleveland
Jeffrey Hirsch, Banking Supervisor, 1455 East Sixth Street, Cleveland, OH
44101-2566
Federal Reserve Bank of Richmond
A. Linwood Gill, III, Assistant Vice President, 701 East Byrd Street, Richmond, VA 23261-4528
Federal Reserve Bank of Atlanta
Lois Berthaume, Vice President, 104 Marietta Street, N.W., Atlanta, GA
30303-2713
Federal Reserve Bank of Chicago
Philip Jackson, Applications Officer, 230 South LaSalle Street, Chicago, IL
60690-1413
Federal Reserve Bank of St. Louis
Randall C. Sumner, Vice President, 411 Locust Street, St. Louis, MO 63102-2034
Federal Reserve Bank of Minneapolis
Karen L. Grandstrand, Vice President, 250 Marquette Avenue, Minneapolis, MN 55480-2171
Federal Reserve Bank of Kansas City
D. Michael Manies, Assistant Vice President, 925 Grand Avenue, Kansas City, MO 64198-0001
Federal Reserve Bank of Dallas
Genie D. Short, Vice President, 2200 North Pearl Street, Dallas, TX 75201-2272
Federal Reserve Bank of San Francisco
Pat Marshall, Manager of Analytical Support, Consumer Regulation Group, 101 Market Street, San
Francisco, CA 94105-1579
Board of Governors of the Federal Reserve System
William W. Wiles, Secretary, 20th & Constitution Avenue, N.W., Washington, DC 20551-0001
Information Requests
The public portions of the applications and notices currently listed in this release are available on an
expedited basis from die appropriate Federal Reserve Bank. The public portion of the application also
may be obtained from the Board.
Federal Reserve Bank of Boston
Jonathan Fine (TEL: 617-973-3339; FAX: 617-973-3219)
Federal Reserve Bank of New York
Margaret Carmody (TEL: 212-720-7924; FAX: 212-720 -6628)
Federal Reserve Bank of Philadelphia
Rosanna Crosier (TEL: 215-574-6581; FAX: 215-574-4146)
Federal Reserve Bank of Cleveland
Jim Terlop (TEL: 216-579-2197; FAX: 216-579-2932)
Federal Reserve Bank of Richmond
Gaile Clark (TEL: 804-697-8825; FAX: 804-697-8283)
Federal Reserve Bank of Atlanta
Wayne Smith (TEL: 404-589-7265; FAX: 404-589-7342)
Federal Reserve Bank of Chicago
Frank Skweres (TEL: 312-322-4785; FAX: 312-322-5894)
Federal Reserve Bank of St. Louis
Cathie Windsor (TEL: 314-444-4638; FAX: 314-444-8740)
Federal Reserve Bank of Minneapolis
Paula Charles (TEL: 612-372-2982; FAX: 612-344-2702)
Federal Reserve Bank of Kansas City
Patty Biesemeyer (TEL: 816-881-2464; FAX: 816-881-2252)
Federal Reserve Bank of Dallas
Rob Jolley (TEL: 214-922-6071; FAX: 214-922-6302)
Federal Reserve Bank of San Francisco
Michael Johnson (TEL: 415-974-2995; FAX: 415-974-3031)
Board of Governors of the Federal Reserve System
Freedom of Information Office (TEL: 202-452-3684; FAX: 202-872-7562, and 202-872-7565)
@FedFRASER