View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, No. 37
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending September 16, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
BOK Financial Corporation, Tulsa, Oklahoma -- to
acquire up to 9.9 percent of the voting shares of
Liberty Bancorp, Oklahoma City, Oklahoma.
Approved, September 11, 1995.
HSBC Holdings pic, London, United Kingdom, HSBC
Holdings BV, Amsterdam, The Netherlands, and Marine
Midland Banks, Inc., Buffalo, New York -- to
acquire United Northern Bancorp, Inc., Watertown,
New York, and United Northern Federal Savings Bank;
and for Marine Midland Bank, Buffalo, New York, to
merge United Savings Bank, Watertown, New York,
with Marine Bank, and to establish branches.
Approved, September 11, 1995.
BANK MERGERS
Marine Midland Bank, Buffalo, New York -- to merge
United Savings Bank Watertown, New York, with
Marine Bank, and to establish branches.
Approved, September 11, 1995.
ENFORCEMENT




BCCI Holdings (Luxembourg) S.A., Luxembourg, and the
Bank of Credit and Commerce International
(Luxembourg) -- order denying motion for
interlocutory review of the June 19, 1995, order
concerning Ghaith R. Pharaon.
Approved, September 12, 1995.
BCCI Holdings (Luxembourg) S.A. Luxembourg, and the
Bank of Credit and Commerce International S.A. -notice of assessment of a civil money penalty and
amended notice of prohibition against Ghaith R.
Pharaon, Agha Hasan Abedi. Swaleh Naqvi, and Kemal
Shoaib, and commencement of administrative hearing
with respect to Ghaith Pharaon.
Announced, September 11, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 2

TO

SEPTEMBER 16, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
Maple Park Bancshares, Inc., Maple Park, Illinois -written agreement dated August 29, 1995, with the
Federal Reserve Bank of Chicago, and a written
agreement also dated August 29, between the First
State Bank of Maple Park and the Federal Reserve
Bank of Chicago and the State of Illinois
Commissioner of Banks and Trust Companies.
Announced, September 13, 1995.

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




Richmond

Hanover Bank, Mechanicsville, Virginia -- to
establish a branch in the Concourse at Wyndham near
the intersection of Nuckols Road and Old Nuckols
Road, Glen Alen, Virginia.
Approved, September 14, 1995.

Chicago

Harris Trust and Savings Bank, Chicago, Illinois, -to establish a branch at 824 North Western Avenue,
Lake Forest, Illinois
Approved, September 11, 1995.

Minneapolis

Rocky Mountain Bank, Billings, Montana -- to
establish a branch at 3900 Highway 93 North
Stevensville, Montana.
Withdrawn, September 14, 1995.

Atlanta

United Bank of Pinellas, St. Petersburg, Florida -to establish a branch at 6580 Gulf Boulevard.
Approved, September 15, 1995.

New York

United Jersey Bank, Hackensack, New Jersey -- to
establish a branch at 200 Etra Road, Highstown, New
Jersey.
Approved, September 11, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 3

TO

SEPTEMBER 16, 1995

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

BANK HOLDING COMPANIES




Atlanta

Barnett Banks, Inc., Jacksonville, Florida --to
acquire Community Bank of the Islands, Sanibel,
Florida.
Approved, September 15, 1995.

Chicago

Beaman Bancshares, Inc., Beaman, Iowa -- to acquire
Producers Savings Bank, Green Mountain, Iowa.
Approved, September 14, 1995.

Kansas City

BFM Bancshares, Inc., Kingman, Kansas -- to acquire
State Bank of Kingman.
Approved, September 13, 1995.

Kansas City

BOK Financial Corporation, Tulsa, Oklahoma -- to
engage de novo in lending activities and to expand
its leasing activities.
Approved, September 15, 1995.

San Francisco

Centennial Holdings, Ltd., Olympia, Washington -- to
acquire Centennial Funding Corporation, Puyallup,
Washington, and engage in lending activities.
Permitted, September 13, 1995.

Chicago

Central Illinois Bancorp, Sidney, Illinois --to
acquire Mortgage Services of Illinois, Inc.,
Bloomington, Illinois, and engage in lending
activities.
Permitted, September 13, 1995.

Minneapolis

Community First Bankshares, Inc., Fargo, North Dakota
-- to acquire the insurance agency activities of
Community First National Bank, Holyoke, Colorado.
Permitted, September 12, 1995.

Kansas City

Ercil P. and Lee Nell Phillips Charitable Remainder
Unitrust, Pleasanton, Nebraska -- to acquire
Pleasant State Bank.
Approved, September 15, 1995.

Secretary

First Commerce Corporation, New Orleans, Louisiana -to acquire Peoples Bancshares, Inc., Chalmette,
Louisiana, and Peoples Bank and Trust Company of
St. Bernard.
Approved, September 14, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 4

TO

SEPTEMBER 16, 1995

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

BANK HOLDING COMPANIES




Chicago

Madison Holdings Limited Partnership, Madison
Heights, Michigan --to acquire Madison Bancorp,
Inc., and Madison National Bank.
Approved, September 11, 1995.

Dallas

Maedgen S White, Ltd., Lubbock, Texas -- to acquire
t
Plains Capital Corporation, and Plains National
Bank of West Texas.
Approved, September 14, 1995.

Dallas

Maedgen & White, Ltd.,Lubbock, Texas -- to acquire
Sunrise Leasing Corporation, Friona, Texas, and
engage in leasing activities.
Permitted, September 15, 1995.

Dallas

Maedgen & White, Ltd., Lubbock, Texas -- to acquire
Friona Bancorporation, Inc., Friona, Texas, and
Friona State Bank.
Approved, September 15, 1995.

Chicago

NBD Bancorp, Inc., Detroit, Michigan -- to acquire
NBD Bank, Venice, Florida.
Approved, September 12, 1995.

Chicago

Northern States Financial Corporation, Waukegan,
Illinois -- request to hold certain property beyond
divestiture period.
Granted, September 15, 1995.

Cleveland

Pikeville National Corporation, Pikeville, Kentucky,
and Whitley Acquisition Corp. -- to acquire United
Whitley Corp., Williamsburg, Kentucky.
Approved, September 15, 1995.

Dallas

Plains Capital Corporation, Lubbock, Texas -- to
acquire Sunrise Leasing Corporation, Friona, Texas,
and engage in leasing activities.
Permitted, September 15, 1995.

Dallas

Plains Capital Corporation, Lubbock, Texas -- to
acquire Friona Bancorporation, Inc., Friona, Texas,
and Friona State Bank.
Approved, September 15, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 5

TO

SEPTEMBER 16, 1995

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

BANK HOLDING COMPANIES
Kansas City

Platte Valley Cattle Company, Grand Island,
Nebraska -- to acquire Pleasanton State Bank.
Approved, September 14, 1995.

New York

Shrewsbury Bancorp, Shrewsbury, New Jersey -- to
acquire Shrewsbury State Bank.
Approved, September 14, 1995.

Dallas

Southeast Bancorp of Texas, Inc., Winnie, Texas -- to
acquire Bonnet Financial Services, Inc.
Approved, September 15, 1995.

New York

Standard Chartered PLC, London, England, Standard
Chartered Holdings Limited, and Standard Chartered
Bank -- to engage de novo in lending activities
through Standard Chartered Trade Services
Corporation, New York, New York.
Permitted, September 15, 1995.

Secretary

SunTrust Banks, Inc., Atlanta, Georgia -- to engage
de novo in credit related insurance activities
through Personal Express Loans, Inc.
Permitted, September 14, 1995.

Minneapolis

Western Dakota Holding Company, Timber Lake, South
Dakota -- to acquire The Dewey County Bank.
Approved, September 11, 1995.

Minneapolis

215 Holding Company, Minneapolis, Minnesota -- to
acquire Valley Bancorporation, Inc., LeSueur,
Minnesota.
Approved, September 13, 1995.

BANK MERGERS




Atlanta

Community Bank of the Islands, Sanibel, Florida -- to
merge with Interim Bank of the Islands.
Approved, September 15, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 6

TO

SEPTEMBER 16, 1995

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

BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS
San Francisco

Seattle Telco Federal Credit Union, Seattle,
Washington -- registration statement.
Withdrawn, September 15, 1995.

CAPITAL STOCK
Kansas City

Dewey County Bancorporation, Taloga, Oklahoma -redemption of shares.
Approved, September 15, 1995.

CHANGE IN BANK CONTROL
Kansas City

Dewey County Bancorporation, Taloga, Oklahoma -change in bank control.
Permitted, September 15, 1995.

Dallas

First Bancorporation of Cleveland, Inc., Cleveland,
Texas -- change in bank control.
Permitted, September 15, 1995.

St. Louis

Mansfield Bankstock, Inc., Mansfield, Arkansas -change in bank control.
Permitted, September 15, 1995.

San Francisco

Western Security Bancorp, Burbank, California -change in bank control.
Permitted, September 13, 1995.

COMPETITIVE FACTORS REPORTS




Kansas City

American National Bank of Duncan, Duncan, Oklahoma,
proposed merger with AmQuest Bank, N.A., Lawton,
Oklahoma -- report on competitive factors.
Submitted, September 12, 1995.

Philadelphia

Bank of Lancaster County, National Association,
Strasburg, Pennsylvania, proposed purchase of
certain assets and assumption of certain
liabilities of three branches of CoreStates Bank,
National Association, Philadelphia, Pennsylvania
report on competitive factors.
Submitted, September 15, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 7

TO

SEPTEMBER 16, 1995

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

COMPETITIVE FACTORS REPORTS




Cleveland

Bank of Williamsburg, Williamsburg, Kentucky,
proposed merger with Farmers National Bank -report on competitive factors.
Submitted, September 15, 1995.

Boston

BayBank, National Association, Boston, Massachusetts,
proposed merger with BayBank Boston, N.A. -- report
on competitive factors.
Submitted, September 13, 1995.

San Francisco

Chino Valley Bank, Los Angeles, California, proposed
purchase of the assets and assumption of the
liabilities of Vineyard National Bank, Rancho
Cucamonga, California
report on competitive
factors.
Submitted, September 11, 1995.

Philadelphia

Covenant Bank for Savings, Haddonfield, New Jersey,
proposed merger with Covenant Bank -- report on
competitive factors.
Submitted, September 13, 1995.

St. Louis

Empire Bank, Springfield, Missouri, proposed merger
with Pleasant Hope Bank, and Webster County Bank,
Marshfield, Missouri -- report on competitive
factors.
Submitted, September 11, 1995.

Saui Francisco

First Community Bank, Lacey, Washington, proposed
merger with North Community Bank, Tacoma,
Washington -- report on competitive factors.
Submitted, September 14, 1995.

Clevelauid

First State Bank of Adams County, Winchester, Ohio,
proposed merger with Winchester Interim Bank -report on competitive factors.
Submitted, September 15, 1995.

Atlanta

First Union National Bank of Tennessee, Nashville,
Tennessee, proposed merger with Brentwood National
Barnk, Brentwood, Tennessee -- report on competitive
factors.
Submitted, September 13, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 8

TO

SEPTEMBER 16, 1995

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

COMPETITIVE FACTORS REPORTS




Richmond

FirstBank, N.A., Beaufort, South Carolina, proposed
merger with FirstBank Interim National
Association -- report on competitive factors.
Submitted, September 11, 1995.

Cleveland

Liberty National Bank and Trust Company of Indiana,
New Albany, Indiana, proposed merger with Liberty
National Bank and Trust Company of Kentucky -report on competitive factors.
Submitted, September 16, 1995.

Chicago

National Exchange Bank and Trust, Fond du Lac,
Wisconsin, proposed merger with Adell State Bank,
Adell, Wisconsin -- report on competitive factors.
Submitted, September 12, 1995.

Chicago

National Exchange Bank and Trust, Fond du Lac,
Wisconsin, proposed merger with Bank of Elkhart
Lake, Elkhart Lake, Wisconsin -- report on
competitive factors.
Submitted, September 12, 1995.

Atlanta

NationsBank of Florida, N.A., Tampa, Florida,
proposed merger with Intercontinental Bank, Miami,
Florida -- report on competitive factors.
Submitted, September 13, 1995.

Chicago

North Shore Bank, FSB, Brookfield, Wisconsin,
proposed merger with Badger Bank, SSB, Milwaukee,
Wisconsin.
Submitted, September 15, 1995.

Cleveland

Northwest Savings Bank, Warren, Pennsylvania,
proposed purchase of assets and assumption of
liabilities of the Pottsville, Pennsylvania, branch
of Sovern Bank, FSB, Reading, Pennsylvania -report on competitive factors.
Submitted, September 15, 1995.

Kansas City

Oklahoma National Bank & Trust Co., of Chickasha,
Chickasha, Oklahoma, proposed merger with MidFirst
Bank, SSB -- report on competitive factors.
Submitted, September 14, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 9

TO

SEPTEMBER 16, 1995

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

COMPETITIVE FACTORS REPORTS




New York

Phillipsburg National Bank and Trust Co.,
Phillipsburg, New Jersey, proposed acquisition of
certain assets and assumption of certain
liabilities of the Mills Pond Road branch of Summit
Bank, Chatham, New Jersey -- report on competitive
factors.
Submitted, September 14, 1995.

Chicago

Questar Bank, National Association, Houston, Texas,
proposed merger with Comerica Interim National
Association -- report on competitive factors.
Submitted, September 12, 1995.

New York

Republic Bank for Savings, National Association, New
York, New York, proposed merger with Republic
National Bank of New York -- report on competitive
factors.
Submitted, September 11, 1995.

New York

Republic National Bank of New York, New York,
proposed merger with Republic New York Trust
Company of Florida, National Association, Miami,
Florida -- report on competitive factors.
Submitted, September 14, 1995.

Atlanta

Society First Federal Savings Bank, Fort Myers,
Florida, proposed acquisition of the assets and
assumption of the liabilities of Key Savings Bank,
Tacoma, Washington -- report on competitive
factors.
Submitted, September 13, 1995.

Kansas City

Southwest Bank & Trust Company of Omaha, Omaha,
Nebraska, proposed merger with the Nebraska
operations of First Bank -- report on competitive
factors.
Submitted, September 12, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 10

TO

SEPTEMBER 16, 1995

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

EXTENSIONS OF TIME
San Francisco

Hanil Bank, Ltd., Seoul, Korea -- extension to divest
certain property.
Granted, September 13, 1995.

San Francisco

Mitsubishi Bank, Ltd., Tokyo, Japan -- extension to
divest certain property.
Granted, September 13, 1995.

Chicago

Northern States Financial Corporation, Waukegan,
Illinois -- request to hold certain property beyond
divestiture period.
Granted, September 15, 1995.

Chicago

Ridgestone Financial Services Inc., Brookfield,
Wisconsin -- extension to January 31, 1996, to
acquire Ridgestone Bank.
Granted, September 15, 1995.

San Francisco

United Security Bancorporation,
- extension to engage de novo
lending, escrow services, and
through USB Mortgage Company,
Washington.
Granted, September 15, 1995.

Sam Francisco

United Security Bancorporation, Spokane, Washington - extension to engage de novo in factoring
activities through USB Leasing, Inc., Spokane,
Washington.
Granted, September 15, 1995.

Atlanta

Community Bank of the Islands, Sanibel, Florida -- to
become a member of the Federal Reserve System.
Approved, September 15, 1995.

Atlanta

Interim Bank of the Islands, Sanibel, Florida -- to
become a member of the Federal Reserve System.
Approved, September 15, 1995.

Dallas

Memphis State Bank, Memphis, Texas -- to become a
member of the Federal Reserve System.
Approved, September 11, 1995.

Spokane, Washington in real estate
appraisal services
Inc., Spokane,

MEMBERSHIP




H.2
SEPTEMBER 11, 1995
PAGE 11

ADDITIONS AND CORRECTIONS
TO

SEPTEMBER 16, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS
FORMS
International Applications and Prior Notification
Under Subparts A and C of Regulation K (FR K~1) -extension with revision.
Approved, September 5, 1995.
INTERNATIONAL OPERATIONS
Bankers Trust Company, New York, New York --to make
investments in Bankers Trust International PLC,
London, England.
Permitted, September 8, 1995.
REGULATIONS AND POLICIES
Rules Regarding Equal Opportunity -- amendment
concerning confidential information
(Docket R--0894).
Approved, August 18, 1995.

ADDITIONS AND CORRECTIONS
ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
BANK BRANCHES. DOMESTIC
Secretary

Citizens Commercial & Savings Bank, Flint, Michigan - to establish a branch at 35478 Groesbeck Highway,
Clinton Township, Michigan, and 8257 Holly Road,
Grand Blanc, Michigan.
Approved, September 8, 1995.

BANK HOLDING COMPANIES




Secretary

FCNB Corp., Frederick, Maryland -- to acquire Laurel
Bancorp, Inc., Laurel, Maryland, and Laurel Federal
Savings Bank.
Approved, September 8, 1995.

Secretary

First Empire State Corporation, Buffalo, New York -to acquire M&T Bank, National Association,
Oakfield, New York, a de novo national bank.
Approved, September 8, 1995.

H.2
SEPTEMBER 11, 1995
PAGE 12

ADDITIONS AND CORRECTIONS
TO

SEPTEMBER 16, 1995

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




San Francisco

New Horizons Savings and Loan Association, San
Rafael, California, proposed merger with NHS Merger
Corporation -- report on competitive factors.
Submitted, September 8, 1995.

FEDERAL

RESERVE

BANK

OF

BOSTON

APPLICATIONS

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Comment Period Ending Date
NONE

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

Application
Camden National Corporation,
Camden, Maine - 3 ( a ) (3)/
3 ( a ) (5)/ 4 ( c ) (8)application
to acquire 100% of the
outstanding stock of
UNITEDCORP, Bangor, Maine
and indirectly 51% of Trust
Company of Maine, Inc.,
Bangor, Maine*

Newspaper
Federal Register

09-25-95

Passumpsic Bancorp,
St. Johnsbury, Vermont
- 3 ( a ) (1) application to
become a bank holding
company by acquiring 100%
of the voting shares of
Passumpsic Savings Bank,
St. Johnsbury, Vermont*

Newspaper

10-09-95

Federal Register

10-06-95

Newspaper
Investors Financial Services
Corp., Boston, Massachusetts
- 3 ( a ) (1) application to
Federal Reaister
become a bank holding company
through the acquisition of
Investors Bank & Trust Company,
Boston, Massachusetts*

10-05-95

Wald e n Bancorp, Inc., Acton,
Massachusetts - 3 ( a ) (1)/
3 ( a ) (3) application to
acquire The Co-operative
Bank of Concord, Acton,
Massachusetts and Braintree
Savings Bank, Braintree,
Massachusetts*

Newspaper

10-14-95

Federal Register

10-12-95




Not Yet Established

10-12-95

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
A p p lication

Comment Period Ending Date

Bank of Boston Corporation,
Federal Register
Boston, Massachusetts 4 ( c ) (8) application to
engage de novo through
its subsidiary BancBoston
Leasing Investments, Inc.,
Boston, Massachusetts,
in arranging and investing
in entities for the financing
of low-income housing
eligible for Federal income
tax credits under Section 42
of the Internal Revenue Code,
and providing advice to
customers in connection
therewith

10-04-95

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

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

Examination Date

R a t i n g **

NONE

♦Subject to CRA.
♦♦Rating Definitions:
"0" - Outstanding; "S"
Improve; "SN" - Substantial Noncompliance.




- Satisfactory;

"N"

- Needs to

Federal Reserve Bank of New York
Comment Period
Ending Date

SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
Chemical Bank, New York, New York, to establish a branch
at The New York Coliseum, 10 Columbus Circle, New York,
New York. 1/

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

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

1/ Subject to the provisions of the Community Reinvestment Act.




10/3/95

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

Week Ending September 16. 1995
NAME OF BANK

RATING

Peapack-Gladstone Bank
Satisfactory
190 Main Street
Gladstone, New Jersey 07934

1/
2/
3/
4/

EXAMINATION DATE
April 3, 1995

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




F E D E R A L R E S E R V E B A N K OF P H I L A D E L P H I A

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER
NOTICE
Malvern Bancorporation, Malvern, PA to become a bank holding company through the
acquisition of The National Bank of Malvern, Malvern, PA, pursuant to Section 3(a)(1)
of the Bank Holding Company Act of 1956 as amended.
Newspaper Notice comment period expires:
Federal Register comment period expires:

N/Avail
10/05/95

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 NOTICE




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 15, 1995
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/Location

Examination Date

CRA Rating

None

None

None




F ed er a l Reserv e B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 44101-1387

A PPLICATIONS BULLETIN
(F or the week ending Septem ber 16, 1995)

SECTIO N I - A PPLICA TIO N S SUBJECT TO N EW SPAPER N O T IC E ONLY
Received notice from Mellon Bank Corporation,
Pittsburgh, Pennsylvania, on September 8, 1995,
o f its intent to acquire Target Trust Company,
procedures)
Philadelphia, Pennsylvania.

September 17, 1995
(Processed under
expedited

SECTIO N n - A PPLICA TIO N S SUBJECT TO BO TH N EW SPA PER AND FEDERAL
R EG ISTER N O TIC E
NONE
SECTIO N m - A PPLICA TIO N S SU BJECT TO FED ERA L R E G IST E R N O T IC E ONLY
NONE
SECTIO N IV - A PPLICA TIO N S N O T SUBJECT TO FED ERA L R E G IST E R N O TIC E
O R NEW SPAPER N O TIC E
NONE

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



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(September 15, 1995)

The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation
document became available from the bank(s) listed below during the week ended September 15,
1995. If you are interested in obtaining a copy of an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs o f its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record o f ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IM PR O V E: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs o f its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON CO M PLIA N CE: a bank in this group has a substantially
deficient record of ascertaining and helping to meet the credit needs o f its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
Integra Bank
300 Fourth Avenue
Pittsburgh, PA 15278
Rating: Satisfactory
Exam Date: 3-27-95




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Union Bank and Trust Company, Bowling
Green, Virginia, to establish a branch
at 620 Cambridge Street, Suite B,
Fredericksburg, Virginia.*

10-2-95

The Middleburg Bank, Middleburg, Virginia,
to establish a branch at the northeast corner
of Catoctin Circle and Harrison Streets,
Leesburg, Virginia.*

10-15-95

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

Comment Period Ending Date

NationsBank Corporation, Charlotte, North
Carolina, to merge with North Florida Bank
Corporation, Madison, Florida.*

10-8-95

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

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

^'Application is subject to CRA requirements.




Federal Reserve Bank of Richmond
Availability of CRA Public Evaluations
Week ending September 15, 1995

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

Rating

Second Bank and Trust
102 South Main Street
Culpeper, Virginia 22701-3028

6-26-95

Satisfactory

Bank of Greenville
P. 0. Box 119
Greenville, West Virginia

6-26-95

Satisfactory

6-27-95

Satisfactory

Farmers and Miners Bank
403 West Morgan Avenue
Pennington Gap, Virginia




24945

24277-2319

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 15. 1995

Section 1 - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

United Bank of Pinellas
St. Petersburg, Florida
To establish a branch located at 6580 Gulf Boulevard,
Florida.

09-05-95*
St. Petersburg Beach,

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

Canebrake Bancshares, Inc.
Not yet available*
Uniontown, Alabama
Change in control notice by Richard Conrad Skates to acquire 74.35 percent of the
outstanding shares of Canebrake Bancshares, Inc., Uniontown, Alabama.
The Queensborough Company
Not yet available*
Louisvilie, Georgia
To acquire Ogeechee Valley Bank, Millen, Georgia, pursuant to Section 3(a) (3) of
the Bank Holding Company Act.
First American Corporation
Not yet available*
Nashvilie, Tenne ssee
To merge with First City Bancorp, Inc., Murfreesboro, Tennessee, and thereby
directly acquire First City Bank, Murfreesboro, Tennessee, and Citizens Bank,
Smithville, Tennessee, pursuant to Section 3(a)(5) of the Bank Holding Company
Act. First American has also filed a companion 3(a)(3)

Section 3 - Applications Subject to Federal Register Only

Application
None.

Comment Period Ending Date
Not yet available

♦Subject to provisions of the Community Reinvestment Act.




F e d e ra l Reserve Bank o f A tla n ta
A p p lic a tio n s B u lle tin f o r Week Ending Septembe r 15, 1995

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
TAC Bancshares, Inc.
Miami, Florida
Request for waiver of the application requirement under Section 3(a) (1) of the
Bank Holding Company Act, for TAC Bancshares, Inc., and its wholly-owned
subsidiary, Chase Federal Bank, a Federal Savings Bank, both of Miami, Florida,
to become bank holding companies by acquiring Founders Financial corporation and
its wholly-owned subsidiary, Founders National Trust Bank, both of Ft. Myers, FL.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 15. 1995

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

Rating

West Coast Bank
Post Office Box 25869
Sarasota, Florida 34277
(813)378-4400

Outstanding




Examination
Date
06-05-95

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 15, 1995

Recently Approved Applications

Axtroval Date

Barnett Banks, Inc.
09-15-95
Jacksonville, Florida
To acquire Community Bank of the Islands, Sanibel, Florida, pursuant to Section
3(a)(3) of the Bank Holding Company Act.
Community Bank of the Islands
Sanibel, Florida
To merge with Interim Bank of the Islands,
state-chartered interim bank.

09-15-95
Sanibel,

Florida,

an uninsured

09-15-95
Interim Bank of the Islands
Sanibel, Florida
To become a member of the Federal Reserve System, pursuant to Section 9 of the
Federal Reserve Act and Section 208.4 of Regulation H.
09-15-95
Community Bank of the Islands
Sanibel, Florida
To become a member of the Federal Reserve System, pursuant to Section 9 of the
Federal Reserve Act and Section 208.4 of Regulation H.
United Bank of Pinellas
St. Petersburg, Florida
To establish a branch located at 6580 Gulf Boulevard, St. Petersburg, Florida.
SunTrust Banks, Inc.
09-14-95
Atlanta, Georgia
Along with Trust Company of Georgia, to engage de novo credit insurance
activities through a finance company subsidiary, Personal Express Loans, Inc.,
Atlanta, Georgia, pursuant to Section 225.25(b)(8)(ii) of Regulation Y, and
Section 4(c)(8) of the Bank Holding Company Act.
First Commerce Corporation
09-14-95
New Orleans, Louisiana
To merge with Peoples Bancshares, Inc., Chalmette, Louisiana, and thereby
directly acquire its subsidiary, First Peoples Bank and Trust Company of Saint
Bernard, Chalmette, Louisiana, pursuant to Section 3(a)(5) of the Bank Holding
Company A c t .




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

Comment Period
Ending Date

Type

Application

EFT

Bank of Illinois in Normal
Normal, Illinois
103 E. Beaufort
Normal, Illinois

NP - 9-18-95

EFT

Bankers Trust Company
Des Moines, Iowa
Kum & Go
7265 Vista Drive
West Des Moines, Iowa

NP - 9-22-95

EFT

Bankers Trust Company
Des Moines, Iowa
Kum-N-Go, 1725 NW 86th
Clive, Iowa*

NP - 9-22-95

Merger/Branch

The Northern Trust Company
Chicago, Illinois
Northern Trust Bank/O’Hare, National Association
Chicago, Illinois
Northern Trust Bank/Lake Forest, National Association
Lake Forest, Illinois
Northern Trust Bank/DuPage
Oakbrook Terrace, Illinois
- Branch @ 8501 W. Higgins Road
Chicago, Illinois

j j _ **
sp

Branch

The Northern Trust Company
Chicago, Illinois
One Oakbrook Terrace
Oakbrook Terrace, Illinois*

N P - **




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

Comment Period
Ending Date

Type

Application

Branch

The Northern Trust Company
Chicago, Illinois
120 E. Scranton Avenue
Lake Bluff, Illinois*

NP - **

Branch

The Northern Trust Company
Chicago, Illinois
1501 Woodfield Road
Schaumburg, Illinois*

N P - **

Branch

The Northern Trust Company
Chicago, Illinois
265 Deerpath Road
Lake Forest, Illinois*

jsjp _ **

Branch

The Northern Trust Company
Chicago, Illinois
400 E. Diehl Road
Naperville, Illinois*

_ **

Branch

The Northern Trust Company
Chicago, Illinois
6401 N. Harlem Avenue
Chicago, Illinois*

Np . **

Branch

The Northern Trust Company
Chicago, Illinois
701 S. McKinley
Lake Forest, Illinois*

N P - **

Branch

The Northern Trust Company
Chicago, Illinois
959 S. Waukegan Road
Lake Forest, Illinois*

jsjp - **




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

Type

Application

Branch

Baylake Bank
Sturgeon Bay, Wisconsin
Intersection of Voyager Drive & Huron Road
Green Bay, Wisconsin*

NP - 9-22-95

Branch

Baylake Bank
Sturgeon Bay, Wisconsin
2260 Bay Settlement Road
Green Bay, Wisconsin*

NP - 9-22-95

Merger/Branch

Byron Center State Bank
Byron Center, Michigan
Moline, Michigan Branch of First of
America Bank, N.A.
Grand Rapids, Michigan
- Branch @ 1221 Rosewood
Moline, Michigan




NP - **

Federal Reserve Bank of Chicago

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

Comment Period
Ending Date

Type

Application

Y-l

Sable Bancshares,Inc.
Chicago, Illinois
Community Bank of Lawndale
Chicago, Illinois*

FR - 9-1-95
NP - **

Y-2

WFC, Inc.
Waukon, Iowa
Viking State Bank & Trust
Decorah, Iowa (in organization)*

FR - 9-7-95
NP - **

Y-2

Merchants Bancorp, Inc.
Aurora, Illinois
Valley Banc Services Corp.
St. Charles, Illinois
Anchor Bank
Third Lake, Illinois
Hinckley State Bank
Hinckley, Illinois
State Bank of Osco
Osco, Illinois
Fox Valley Bank
St. Charles, Illinois*

FR - 9-7-95
NP -9-11-95

Y-l

Naperville Bancorp, Inc.
Naperville, Illinois
The Naperville Bank
Naperville, Illinois*

FR - 9-15-95
NP - 9-19-95

Y-2

Calumet National Corporation
Hammond, Indiana
Chicago Heights Bancorp, Inc.

FR - 9-11-95
NP - 9-9-95




C i a o Hih s Ilni
h c g egt , lios
C i a o H i h sN t o a B n
h c g e g t ainl a k
C i a o Hih s Ilni*
h c g egt , lios

Federal Reserve Bank of Chicago

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Continued
Comment Period
Ending Date

Type

Application

Y-l

Pan American Bancshares, Inc.
Chicago, Illinois
Pan American Bank
Chicago, Illinois* (in organization)

FR - 9-21-95
NP - 9-9-95

Y-2

NBD Bancorp, Inc.
Detroit, Michigan
First Chicago Corporation
Chicago, Illinois
FCC National Bank
Wilmington, Delaware
American National Corporation
Chicago, Illinois
American National Bank and Trust Company
Chicago, Illinois*

FR - 9-29-95
NP - 9-22-95

Y-2

First Midwest Bancorp, Inc.
Naperville, Illinois
CF Bancorp, Inc.
Davenport, Iowa
Citizens Federal Savings Bank, FSB
Davenport, Iowa*

FR - 9-20-95
NP - 9-25-95

Y-2

Shorebank Corporation
Chicago, Illinois
Indecorp, Inc.
Chicago, Illinois
Independence Bank of Chicago
Chicago, Illinois
Drexel National Bank
Chicago, Illinois*

FR - 8-14-95
NP - 9-27-95




Federal Reserve Bank o f Chicago

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

J m

ADDlication

Y-2

First Chicago Corporation
Chicago, Illinois
NBD Bancorp, Inc.
Detroit, Michigan
NBD Illinois Inc.
Park Ridge, Illinois
NBD Indiana, Inc.
Indianapolis, Indiana
NBD Bank
Detroit, Michigan
NBD Bank
Wheaton, Illinois
NBD Bank
Columbus, Ohio
National Bank of Detroit-Dearbom
Dearborn, Michigan
NBD Bank, FSB
Venice, Florida
NBD Bank, N.A.
Skokie, Illinois
NBD Bank
Elkhart, Indiana
NBD Bank, N.A.
Indianapolis, Indiana
Deerfield Federal Savings & Loan Association
Deerfield, Illinois*




Comment Period
Ending Date

FR - 9-29-95
NP - 9-22-95

Federal Reserve Bank of Chicago

Section II - Applications Subject to Both Newspaper and Federal
Register Notice
Continued
Comment Period
Ending Date

I yes

Application

Y-l

Milton Bancshares, Inc.
Milton, Wisconsin
Bank of Milton
Milton, Wisconsin*

FR - 9-28-95
NP - 9-29-95

Y-l

FSB Corp
Sublette, Illinois
Fanners State Bank of Sublette
Sublette, Illinois*

FR - 10-6-95
NP - 10-1-95

COC

Pinnacle Financial Services, Inc.
St. Joseph, Michigan
Cyrus A. Ansary

FR - 10-2-95




N P -**

Federal Reserve Bank of Chicago

Section III - Applications Subject to Federal Register
Notice Only

Im

4(c)(8)

NBD Bancorp, Inc.
Detroit, Michigan
Cash Station, Inc.
Chicago, Illinois
First Chicago Investment Corporation
Chicago, Illinois
First Chicago Capital Corporation
Chicago, Illinois
First Chicago Overseas Investment Corporation
Chicago, Illinois
ANB Mezzanine Corporation
Chicago, Illinois
First Chicago Leasing Corporation
Chicago, Illinois
First Chicago Realty Services Corporation
Chicago, Illinois
First Chicago Trust Company of New York
New York, New York
First Chicago Trust Company (Cayman) Ltd.
Guernsey, Cayman Islands
First Chicago Lease Holdings, Inc.
Chicago, Illinois
Palo Verde Leasing Corporation
Chicago, Illinois
G-W Life Insurance Company
Phoenix, Arizona
First Chicago Capital Markets, Inc.
Chicago, Illinois

FR - 9-29-95

4(c)(8)

First Midwest Bancorp, Inc.
Naperville, Illinois
CF Bancorp, Inc.
Davenport, Towa
Citizens Federal Savings Bank, FSB
Davenport, Iowa

FR - 9-20-95




'

Comment Period
Ending Date

Application

Federal Reserve Bank of Chicago

Section III - Applications Subject to Federal Register
Notice Only
Continued

lym

Application

4(c)(8)

First Chicago Corporation
Chicago, Illinois
NBD Insurance Agency, Inc.
Detroit, Michigan
ML Inc.
Detroit, Michigan
BHC Financial, Inc.
Philadelphia, Pennsylvania
Charter Agency, Incorporated
Northfield, Illinois
Corporate Funding, Inc.
Grand Rapids, Michigan
FNW Capital, Inc.
Mount Prospect, Illinois
NBD Brokerage Services, Inc.
Indianapolis, Indiana
NBD Community Development Corporation
Detroit, Michigan
NBD Financial Services of Michigan, Inc.
Traverse City, Michigan
NBD Insurance Company
Detroit, Michigan
NBD Leasing, Inc.
Indianapolis, Indiana
NBD Mortgage Company
Detroit, Michigan
NBD Neighborhood Revitalization Corporation
Indianapolis, Indiana
NBD Real Estate Services, Inc.
Indianapolis, Indiana
NBD Securities, Inc.
Detroit, Michigan
NBD Service Corporation
Belleville, Michigan




Comment Period
Ending Date

FR - 9-29-95

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

1m .

Application

4(c)(8)

Pinancle Financial Services, Inc.
St. Joseph, Michigan
Maco Bancorp, Inc.
Merrillville, Indiana
First Federal Savings Bank of Indiana
Merrillville, Indiana

FR -10-2-95

4(c)(8)

WCN Bancorp, Inc.
Wisconsin Rapids, Wisconsin
Purchase up to $4,000,000 of
loans from the Bank

FR -10-2-95

4(c)(8)

Carroll County Bancshares, Inc.
Carroll, Iowa
to own and operate a finance company
through its subsidiary, Carroll Credit, Inc.,
Carrol!, Iowa

FR - 9-18-95

4(c)(8)

ABN AMRO Bank N.V.
Amsterdam, Netherlands
ABN AMRO Holding N.V.
Amsterdam, Netherlands
Stichting Administratiekantoor ABN AMRO Holding
Amsterdam, Netherlands
Stichting Prioriteit ABN AMRO Holding
Amsterdam, Netherlands
to acquire indirectly 100% of the outstanding
voting shares of Alfred Berg, Inc., Stockholm,
Sweden and thereby engage in certain securities
underwriting and dealing activities.

PR , **

4c()
()8

PSB Corporation
Wellsburg, Iowa
PSB Finance, Inc.
Wellsburg, Iowa

FR - 0 2 9
1--5




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

Type

Application
-None-

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




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The follo w i n g state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA.
The 3 0-day business day period
the bank has to make the evaluation public has lapsed during the week ending
Septe m b e r 15, 1995.
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, a s c e r t a i n i n g 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 a s certaining 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 i n s t i t u t i o n in this group needs to improve its overall r e c o r d of
a s c e r t a i n i n g and helping to meet the credit needs of its entire delin e a t e d
community, including low- and moderate-income neighborhoods, in a manner
consistent w i t h its resources and capabilities.
SN-An inst i t u t i o n in this group has a substantially deficient reco r d of
a s c e r t a i n i n g and helping to meet the credit needs of its entire d e l i n e a t e d
community, including low- and moderate-income neighborhoods, in a manner
consistent w i t h its resources and capabilities.
BANK N A M E / L O C A T I O N
-Comerica Bank-Detroit
500 Woo d w a r d Av e n u e
Detroit, M i c h i g a n
48226
(313) 222-3300




EXAMINATION DATE

2/13/95

RATINGS

O

Federal Reserve Bank of St. Louis
FOR THE WEEK ENDING SEPTEMBER 15, 1995

Application

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

None.

Application

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

♦Section 3(a)(1) application by NEMO Bancshares,
Inc., Madison, Missouri, to acquire MadisonHunnewell Bank, Madison, Missouri.
Change in control notification involving W.B.T.
Holding Company, Memphis, Tennessee, by Martin A.
Grusin as trustee of U.A.B. Holding Trust (previously
reported during week ending 9-8-95).

Newspaper: 10-14-95

Fed Reg: 9-29-95

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
Section 4(c)(8) notification by Universal Bancorp,
Bloomfield, Indiana, to engage de novo in lending
and leasing activities through the acquisition of
Bloomfield and Precedent, LLC, Indianapolis,
Indiana.

Not yet available

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

♦This application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of, and is a leader in, ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of ascertaining and helping to meet the
credit needs of its entire delineated community, including tow- 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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None.




September 15, 1995

Bank Address

Examination
Date

Examination
Rating

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

Application
Geraldine State Bank, Geraldine
Montana, to relocate its main
office to Fort Benton, Montana,
and branch back to Geraldine,
Montana*

October 9, 1995

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

Application
Nathaniel Anderson, B.M. Broderick, Jr.,
Manfred Hill, and Gary Marshik, each propose
to increase their ownership in Canton Bancshares,
Inc., Canton, South Dakota, from 20% to 25%

October 4, 1995
(Federal Register)

Randall Bancorp, Inc., Pine River,•Minnesota,
to acquire 140 shares (13.7%) of Norbanc Group,
Inc., Pine River, Minnesota, and to acquire 650
shares (72%) of Randall Holding Company, Inc.,
Pine River, Minnesota*

October 16, 1995
(Federal Register)

Norwest Corporation, Minneapolis,
Minnesota, to acquire 100% of AMFED
Financial, Inc., Reno, Nevada, and indirectly
acquire American Federal Savings Bank,
Reno, Nevada*

Not yet available

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

Application
NONE.

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application
State Bancshares of Ulen, Ulen,
Minnesota, to redeem 5,250 shares
(10.99%) of its outstanding stock




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending September 15, 1995
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

BANK(S) EXAMINED

DATE OF EXAMINATION

CRA RATING

First Security Bank
P.0. Box 277
Laurel, MT 59044-0277
(406) 628-4318

June 12, 1995

Satisfactory

Pioneer Bank and Trust
May 22, 1995
700 State Street
P.0. Box 729
Belle Fouche, SD 57717-0729
(605) 892-2536




Satisfactory

Federal Reserve Bank of Kansas City

SECTIO N I - APPLICATIONS SUBJECT TO NEWSPAPER N O TIC E ONLY
APPLICATION

COMMENT PERIOD ENDING DATE
Not Available

Bank of Colorado-Western Slope, Grand Junction,
Colorado, for prior approval to invest an additional
$2,350,000 in bank premises.

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEW SPAPER AND FEDERAL REGISTER N O TICE
APPLICATION

COMMENT PERIOD ENDING DATE

Doniphan Bancshares, Inc., Doniphan, Nebraska, for
prior approval to become a bank holding company
through the acquisition of 100 percent of the voting
shares of Bank of Doniphan, Doniphan, Nebraska.*

October 13, 1995

Estes Park Bank Restated Employee Stock Ownership
401(k) Plan and Retirement Trust, Estes Park,
Colorado, for prior approval to acquire 51.45 percent
of the voting shares of Estes Bank Corporation, Estes
Park, Colorado.*

October 13, 1995

SECTIO N III - APPLICATIONS SUBJECT TO FEDERAL R EG ISTER NOTICE
ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

None.

SECTIO N IV - APPLICATIONS NOT SUBJECT TO FEDERAL R E G ISTER NOTICE
O R NEWSPAPER NOTICE
APPLICATION
Central Bancshares, Inc., Cambridge, Nebraska, for
prior approval to redeem 16,000 shares o f preferred
stock.



Not Available

Federal Reserve Bank of Kansas City

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
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 moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

Bank/Location

Exam Date

CRA Public
Date

First Mountain Bank
135 East 6th
Leadville, Colorado 80461-3503

06/12/95

09/13/95

*Application is subject to CRA.




CRA
Rating
Satisfactory

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF SEPTEMBER 11, 1995
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION
♦Section 3(a)(1) application by
First Paducah Bancshares of Texas, Inc., Paducah, TX,
to acquire First Paducah Bancshares of Delaware,
Dover, DE, and The First National Bank of Paducah,
Paducah, TX
(Previously reported during the week of 8-14-95)
♦Section 3(a)(1) application by
First Paducah Bancshares of Delaware, Dover, DE, to
acquire The First National Bank of Paducah, Paducah, TX
(Previously reported during the week of 8-14-95)
Change in Control Notice by
Andrew Rayford Bounds, Jr., and Mary Lou Bounds,
jointly, Cleveland, TX, to acquire an interest in
First Bancorporation of Cleveland, Inc., Cleveland, TX
(Resubmission)
(Previously reported during the week of 8-28-95)

** NOTICE EXP

95/10/16

95/10/16

95/09/12

♦Section 3(a)(3) application by
Overton Financial Corporation, Overton, TX, to acquire
additional shares of Longview Financial Corporation,
Longview, TX

N/A

♦Section 3(a)(3) application by
Overton Delaware Corporation, Dover, DE, to acquire
additional shares of Longview Financial Corporation,
Longview, TX

N/A




♦Section 3(a)(5) application by
First Financial Bankshares, Inc., Abilene, TX, to acquire
Citizens Equity Corporation, Weatherford, TX, and
Citizens National Bank, Weatherford, TX

95/10/16

♦Section 3(a)(5) application by
First Financial Bankshares of Delaware, Inc., Wilmington, DE,
to acquire Citizens Equity Corporation, Weatherford, TX, and
Citizens National Bank, Weatherford, TX

95/10/16

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

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

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF SEPTEMBER 11. 1995

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

Bank
First State Bank of Mineral Wells
101 E. Hubbard
P.0. Box 1528
Mineral Wells, TX 76068-1528




Date of
Examination

CRA Rating

95/06/12

Outstanding

FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 9/15/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Robert Parker Keller, et al, Gilford, New
Hampshire, to acquire 46 percent of SDN Bancorp,
Encinitas, California. *

Newspaper:

09/21/95

Fed. Ree.:

09/25/95

Financial Institution Partners, L.P. and Hovde
Capital, Inc., Bullalo Grove, Illinois, to acquire
up to 25 percent of North County Bancorp,
Escondido, California. *

Newspaper:

Not Available

Fed. Ree.:

Not Available

U.S. Bancorp, Portland, Oregon, to acquire and
merge with West One Bancorp, Boise, Idaho, *

Newspaper:

Not Available

Fed. Ree.:

Not Available

U.S. Bancorp, Portland, Oregon, to acquire an
option to purchase 19.9 percent of West One
Bancorp, Boise, Idaho. *

Newspaper:

Not Available

Fed. Reg.:

Not Available

West One Bancorp, Boise, Idaho, to acquire an
option to purchase 19.9 percent of U.S. Bancorp
Portland, Oregon. *

Newspaper:

Not Available

Fed. Ree.:

Not Available

Section III -Applications Subject to Federal Register Only
U.S. Bancorp, Portland, Oregon, to acquire the following nonbank
Fed. Reg.:
subsidiaries of West One Bancorp, Boise, Idaho: 1) West One Trust
Co., Salt Lake City, Utah; 2) West One Trust Company, Washington,
Seattle, Washington; 3) West One Life Insurance Co., Phoenix,
Arizona; 4) W est One Financial Services, Inc., Boise, Idaho;
5) Tracy Collins Mortgage Co., Salt Lake City, Utah; 6) Ward Cook,
Inc., Portland, Oregon; and 7) West One Insurance Services, Inc.,
Boise, Idaho.

Not Available

Wells Fargo & Company, San Francisco, California,
to install automated teller machines throughout the
State o f Texas.

N/A

* Subject to CRA.




Fed. Reg.:

FEDERAL RESERVE BANK OF SAN FRANCISCO (cont’d.)

Week ending 9/15/95
Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
None

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution^) low became available during the week ending
September 15, 1995. Information about a particular institution's CRA evaluation may be obtained
directly from the institution.
Institution

Location

Examination Date

Farmers & Merchants Bank 302 Pine Avenue April 27, 1995
of Long Beach
P.O. Box 1370
Long Beach,
California 90801-1370

*

Rating*
Needs to
Improve

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.



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