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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1995, NO. 35
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending September 2, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLPINO COMPANIES
Chase Manhattan Bank, New York, New York -- request
for reconsideration of the Board’s approval of the
applications and notices to acquire U.S. Trust
Corporation, New York, New York, U.S. Trust Company
of New York, U.S. Trust Company of Wyoming, Cody,
Wyoming, and Mutual Funds Service Company, Boston,
Massachusetts.
Denied, August 29, 1995.
Norwest Corporation, Minneapolis, Minnesota -- to
acquire Orlandi Valuta, Los Angeles, California,
and Orlandi Valuta Nacional, Boulder City, Nevada,
Iowa, and engage in the activity of transmitting
money to a foreign country.
Approved, August 28, 1995.
U.S. Trust Corporation, New York, New York, United
States Trust Company of New York, New USTC Holdings
Corporation, and New U.S. Trust Company of New York
-- request for reconsideration of the Board’s
approval of the applications and notices pertaining
to the corporate reorganization of U.S. Trust
Corporation.
Denied, August 29, 1995.
INTERNATIONAL OPERATIONS




Bank of Boston Corporation, Boston, Massachusetts
to make an investment in Boston AIG Company
Limited, a Bermuda corporation.
Permitted, August 29, 1995.

H.2
AUGUST 28, 1995
PAGE 2

TO

SEPTEMBER 1, 1995

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

ABBREVIATION'S: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal R e s e r v e
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC




Kansas City

Bank One, Oklahoma City, Oklahoma City, Oklahoma -to establish an automated teller machine at 2401
N.W. 23rd Street.
Approved, September 1, 1995.

Chicago

DeMotte State Bank, DeMotte, Indiana -- to establish
a branch at 3421 West State Road 10, Wheatfield,
Indiana.
Approved, August 28, 1995.

Chicago

First Source Bank, South Bend, Indiana -- to
establish a branch at 1751 Lexington Avenue,
Elkhart, Indiana, and 23164 U.S. 33.
Approved, September 1, 1995.

Atlanta

Georgia First Bank, Gainesville, Georgia -- to
establish a branch at the southeast corner of Spout
Springs Road and Holland Dam Road, Flowery Branch,
Georgia.
Approved, August 31, 1995.

Richmond

Second Bank 8 Trust, Culpeper, Virginia -- to
establish a branch at 36081 Goodwin Drive, Locust
Grove, Virg in ia.
Approved, September 1, 1995.

New York

United Jersey Bank, Hackensack, New Jersey -- to
establish an off-site electronic facility at Bergen
Pines Hospital, 230 East Ridgewood Road, Paramus,
New Jersey.
Approved, August 30, 1995.

Chicago

West Chester Savings Bank, West Chester, Iowa --to
establish a branch at 313 Franklin Street.
Approved, August 30, 1995.

H .2
AUGUST 2S, 1995
PAGE 3

TO

SEPTEMBER 1, 1995

ACTIONS TAKEN BY THE STAFF ANO THE FEOERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLOING COMPANIES




Atlanta

American Bancshares, Inc., Bradenton, Florida -- to
acquire American Bank of Bradenton.
Approved, August 31, 1995.

Dallas

Blumberg Bancunits, L.P., Seguin, Texas -- to acquire
Garden Ridge State Bank, Garden Ridge, Texas.
Approved, August 28, 1995.

Dallas

Blumberg Family Partnership, L.P., Seguin, Texas -to acquire Garden Ridge State Bank, Garden Ridge,
Texas.
Approved, August 28, 1995.

St. Louis

Boatmen’s Bancshares, Inc., St. Louis, Missouri --to
acquire Citizens Bank of Jonesboro, Jonesboro,
Arkansas.
Approved, August 31, 1995.

San Francisco

Capital Corp of the West, Merced, California
acquire County Bank.
Approved, August 29, 1995.

Dallas

Citizens National Bancshares of Bossier, Inc.,
Bossier City, Louisiana --t o acquire Citizens
National Bank of Bossier City.
Approved, August 30, 1995.

Minneapolis

Commercial Bank of Mott Employee Stock Ownership Plan
and Trust, Mott, North Dakota -- to acquire
Commercial Bank of Mott.
Approved, August 30, 1995.

New York

Commerzbank AG, Frankfurt, Germany - - t o acquire
Martingale Asset Management, L.P., Boston,
Massachusetts, and engage in providing investment
and financial advisory services.
Approved, August 28, 1995.

-- to

H .2
AUGUST 28, 1995
PAGE a

TO

SEPTEMBER 1, 1995

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

BANK HOLDING COMPANIES




Kansas City

Country Bank Shares, Inc., Milford, Nebraska -- to
acquire The Bank of Wilber, Wilber, Nebraska.
Approved, September 1, 1995.

Chicago

Dentel Bancorporation, Victor, Iowa, and Colfax
Bancshares, Inc. -- to acquire Maxwell
Bancorporation, Maxwell, Iowa, and Maxwell State
Bank.
Approved, September 1, 1995.

Director, BS&R

Eagle Financial Services, Inc., Berryville,
Virginia -- registration statement.
Approved, August 28, 1995.

San Francisco

ElDorado Bancorp, Tustin, California, and ElDorado
Bank -- request for waiver of application for
ElDorado Bank's acquisition and merger with
Mariners Bancorp, San Clemente, California, and the
simultaneous merger with Mariners Bank.
Approved, August 30, 1995.

Dallas

FCT Bancshares, Inc., Mart, Texas -- to acquire First
Central Holdings, Inc., Dover, Delaware, and First
National Bank of Mart, Mart, Texas.
Approved, August 28, 1995.

Dallas

First Central Holdings, Inc., Dover, Delaware -- to
acquire First National Bank of Mart, Mart, Texas.
Approved, August 28, 1995.

Chicago

Firstbank of Illinois Co., Springfield, Illinois -to acquire Confluence Bancshares Corporation, St.
Peters, Missouri, and Duechesne Bank.
Approved, September 1, 1995.

New York

HSBC Holdings, PLC, London, England, and HSBC
Holdings B.V., Amsterdam, The Netherlands -- to
acquire an office of NatWest Securities
Corporation, Washington, D.C., and engage in
providing investment and financial advice.
Approved, August 31, 1995.

H.2
AUGUST 28, 1995
PAGE 5

TO

SEPTEMBER 1, 1995

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

BANK HOLDING COMPANIES




Chicago

Libertyville Bancorp, Inc., Lake Forest, Illinois -to acquire Libertyville Bank & Trust Company,
Libertyville, Illinois.
Approved, August 30, 1995.

Philadelphia

MBNA Corporation, Newark, Delaware -- to engage de
novo in lending activities through MBNA Consumer
Services, Inc.
Approved, August 29, 1995.

Philadelphia

MBNA Corporation, Newark, Delaware -- to engage de
novo in credit-related insurance through MBNA
Consumer Services, Inc.
Permitted, August 29, 1995.

Minneapolis

Mott Bankshares, Inc., Mott, North Dakota -- to
acquire Commercial Bank of Mott.
Approved, August 30, 1995.

Chicago

NBD Bancorp, Inc., Detroit, Michigan -- to expand the
geographic scope of NBD Real Estate Services, Inc.,
Indianapolis, Indiana, and engage nationwide in
mortgage lending, leasing, appraising, management
consulting and credit insurance activities.
Permitted, August 30, 1995.

San Francisco

Northeast Portland Company Community Development
Trust, Portland, Oregon, and Albina Community
Bancorp -- to acquire Albina Community Bank.
Approved, September 1, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -- to
establish a joint venture, Southeastern Residential
Mortgage, Raleigh, North Carolina, and engage in
residential mortgage lending activities.
Permitted, August 29, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota - -to
acquire Liberty National Bank, Austin, Texas.
Approved, September 1, 1995.

H .2
AUGUST 28, 1995
PAGE 6

TO

SEPTEMBER 1, 1995

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

BANK HOLDING COMPANIES
Chicago

Phillips Investment Company Limited Partnership,
Spring Hill, Florida -- to acquire Gratiot
Bancshares, Inc., Gratiot, Wisconsin, and Gratiot
State Bank.
Approved, September 1, 1995.

Dallas

Seguin State Bank & Trust Company, Seguin, Texas -to acquire Garden Ridge State Bank, Garden Ridge,
Texas.
Approved, August 28, 1995.

Chicago

Spencer Bancorporation, Inc., Spencer, Wisconsin to engage de novo in community development
activities.
Permitted, August 31, 1995.

Atlanta

Thomasville Bancshares, Inc., Thomasville, Georgia to acquire Thomasville National Bank.
Approved, August 31, 1995.

Secretary

United Bancshares, Inc., Charleston, West Virginia to acquire Commercial Interim Bank and First
Commercial Bank, both of Arlington, Virginia.
Approved, August 29, 1995.

Chicago

Withee Bank Shares, Inc., Withee, Wisconsin -- to
engage in community development activities through
Hometown Development Corporation.
Permitted, August 30, 1995.

BANK MERGERS




Richmond

Triangle Bank, Raleigh, North Carolina, to acquire
certain assets and assume certain liabilities of
three branches and a stand-alone automated teller
machine facility of NationsBank, National
Association (Carolinas), Charlotte, North Carolina
Approved, August 29, 1995.

H.2
AUGUST 28, 1995
PAGE 7

TO

SEPTEMBER 1, 1995

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

BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS
Director, BS&R

LBC Interim Trust Company, Belleville, Illinois -registration as transfer agent.
Approved, September 1, 1995.

CAPITAL STOCK
Richmond

KS Bancorp, Inc., Kenly, North Carolina -- redemption
of shares.
Approved, August 30, 1995.

CHANGE IN BANK CONTROL
Kansas City

Admire Bancshares, Inc., Emporia, Kansas -- change in
bank control.
Permitted, August 31, 1995.

St. Louis

First National Bancshares in Newton, Inc., Newton,
Illinois -- change in bank control.
Permitted, August 29, 1995.

Kansas City

Wheeler County Bancshares, Inc., Ericson, Nebraska -change in bank control.
Permitted, September 1, 1995.

COMPETITIVE FACTORS REPORTS




San Francisco

Bank of Los Angeles, West Hollywood, California,
proposed merger with BKLA Bancorp -- report on
competitive factors.
Submitted, August 28, 1995.

Boston

Braintree Acquisition Savings Bank, Acton,
Massachusetts, proposed merger with the Braintree
Savings Bank, Braintree, Massachusetts -- report on
competitive factors.
Submitted, August 30, 1995.

St. Louis

Citizens Bank of Central Indiana, Greenwood, Indiana,
proposed purchase of the assets and assumption of
the liabilities of the Shelbyville and Columbus,
Indiana, branches of The Citizens National Bank of
Evansville, Evansville, Indiana -- report on
competitive factors.
Submitted, August 31, 1995.

H .2
AUGUST 28, 1995
PAGE 8

TO

SEPTEMBER 1, 1995

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

COMPETITIVE FACTORS REPORTS




Dallas

Citizens Interim National Bank, Victoria, Texas,
proposed merger with Citizens National Bank
report on competitive factors.
Submitted, August 30, 1995.

Atlanta

Colonial Bank, Montgomery, Alabama, proposed merger
with Farmers and Merchants Bank, Ariton, Alabama report on competitive factors.
Submitted, August 30, 1995.

Richmond

Essex Savings Bank, F.S.B., Elizabeth City, North
Carolina, proposed acquisition of the assets and
assumption of the liabilities of Home Savings 3ank
F.S.B., Norfolk, Virginia -- report on competitive
factors.
Submitted, August 28, 1995.

Boston

Family Mutual Savings Bank, Haverhill, Massachusetts
proposed merger with Family Bank of New Hampshire,
Plaistow, New Hampshire -- report on competitive
factors.
Submitted, September 1, 1995.

Atlanta

First American Corporation, Nashville, Tennessee,
proposed acquisition of the assets and assumption
of the liabilities of Charter Federal Savings Bank
Bristol, Virginia -- report on competitive factors
Submitted, August 30, 1995.
First American National Bank, Nashville, Tennessee,
proposed purchase of the assets and assumption of
the liabilities of two branches in Bristol and one
branch in Abingdon, Virginia; and one branch in
Sevierville, one branch in Bristol, and seven
branches in Knoxville, Tennessee, of Charter
Federal Savings Bank, Bristol, Virginia -- report
on competitive factors.
Submitted, August 30, 1995.

Atlanta

H.2
AUGUST 23, 1995
PAGE 9

TO

SEPTEMBER 1, 1995

ACTIONS TAKEN 3Y THE STAFF AND THE FEDERAL RESERVE 3ANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS. REPORTS




Atlanta

First National Bank and Trust Company, Louisville,
Georgia, proposed purchase of the assets and
assumption of the liabilities of the Tennille,
Georgia, and Sandersville, Georgia, branches of
Bank South, Atlanta, Georgia -- report on
competitive factors.
Submitted, August 30, 1995.

Minneapolis

FirstWest Bank of
proposed merger
Wibaux, Montana
Submitted, August

Dallas

Great Southwest Bank, FSB, Houston, Texas, proposed
merger with Houston Savings Association -- report
on competitive factors.
Submitted, August 30, 1995.

Atlanta

Home Bank of Tennessee, Ducktown, Tennessee, proposed
purchase of certain assets and assumption of the
liabilities of the Foothills Malls branch,
Maryville, Tennessee, and Townsend branch,
Townsend, Tennessee, of Union Planters Bank of East
Tennessee, Knoxville, Tennessee -- report on
competitive factors.
Submitted, August 30, 1995.

Richmond

Lumbee Guaranty Bank, Pembroke, Virginia, proposed
purchase of certain assets and assumption of the
liabilities of the Red Springs and Rowland, North
Carolina, branches of Centura Bank, Rocky Mount,
North Carolina -- report on competitive factors.
Submitted, August 29, 1995.

Glendive, Glendive, Montana,
with First National Bank and Trust,
-- report on competitive factors.
29, 1995.

H.2
AUGUST 28, 1995
PAGE 10

TO

SEPTEMBER 1, 1995

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

COMPETITIVE FACTORS REPORTS
San Francisco

Peninsula National Bank, Rolling Hills Estates,
California, proposed merger with Bay Cities
National Bank, Redondo Beach, California -- report
on competitive factors.
Submitted, August 28, 1995.

St. Louis

Roosevelt Bank, A Federal Savings Bank, Chesterfield,
Missouri, proposed merger with Kirksville Federal
Savings Bank -- report on competitive factors.
Submitted, August 28, 1995.

San Francisco

Sacramento Commercial Bank, Sacramento, California,
proposed merger with SACCB Merger Company
report on competitive factors.
Submitted, August 28, 1995.

St. Louis

Volunteer Bank, Jackson, Tennessee, proposed merger
with Tennessee Community Bank, Covington, Tennessee
-- report on competitive factors.
Submitted, August 31, 1995.

Boston

Webster Financial Corporation, Waterbury,
Connecticut, proposed acquisition of the assets and
assumption of the liabilities, via merger, of
Shelton Bancorp, Inc., and Shelton Savings Bank -report on competitive factors.
Submitted, August 29, 1995.

EXTENSIONS OF TIME




San Francisco

BankAmerica Corporation, .San Francisco, California
extensions to divest certain properties.
Granted, August 28, 1995.

St. Louis

Cass Commercial Corporation, St. Louis, Missouri -extension to October 31, 1995, to engage de novo
through Cass Information Systems, Inc. in acquiring
and holding credit card receivables.
Granted, August 29, 1995.

H.2
AUGUST 28, 1995
PAGE 11

TO

SEPTEMBER 1, 1995

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

EXTENSIONS OF TIME
Dallas

Greater Brazos Valley Bancorp, Inc., College Station,
Texas -- extension to December 4, 1995, to acquire
Greater Brazos Valley Delaware Bancorp, Inc.,
Dover, Delaware, and Commerce National Bank,
College Station, Texas.
Granted, September 1, 1995.

Dallas

Greater Brazos Valley Delaware Bancorp, Inc., Dover,
Delaware -- extension to December 4, 1995, to
acquire Greater Brazos Valley Delaware Bancorp,
Inc., Dover, Delaware, and Commerce National Bank,
College Station, Texas.
Granted, September 1, 1995.

Minneapolis

Norwest Corporation, Minneapolis, Minnesota -extension to December 1, 1995, to acquire a joint
venture interest in Cornerstone Mortgage, Ho-HoKus, New Jersey.
Granted, August 28, 1995.

San Francisco

Pacific Rim Bancorporation, San Francisco, California
-- extensions to divest certain properties.
Granted, August 30, 1995.

Secretary

Commercial Interim Bank Csubsequently to be known as
First Commercial Bank), Arlington, Virginia -- to
become a member of the Federal Reserve System.
Approved, August 29, 1995.

Chicago

First Farmers Bank & Trust Co., Converse, Indiana -to become a member of the Federal Reserve System.
Approved, September 1, 1995.

Chicago

First Security Bank of Cary-Grove, Cary, Illinois -to become a member of the Federal Reserve System.
Returned, August 31, 1995.

Chicago

Libertyville Bank & Trust Company, Libertyville,
Illinois -- to become a member of the Federal
Reserve System.
Approved, August 30, 1995.

MEMBERSHIP




H.2

AUGUST 28, 1995
PAGE 12

TO

SEPTEMBER 1, 1995

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

MEMBERSHIP




Chicago

M&I Bank Northeast, Green Bay, Wisconsin -- to become
a member of the Federal Reserve System.
Approved, September 1, 1995.

Chicago

M&I Central State Bank, Oshkosh, Wisconsin -- to
become a member of the Federal Reserve System.
Approved, August 28, 1995.

Chicago

Security Savings Bank, Eagle Grove, Iowa - - t o become
a member of the Federal Reserve System.
Approved, August 30, 1995.

H.2
AUGUST 28, 1995
PAGE 13

ADDITIONS AND CORRECTIONS
TO

SEPTEMBER 1, 1995

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Profitability of Credit Card Plans -- annual report
to the Congress.
Approved, August 10, 1995.
Retail Fees and Services of Depository Institutions - annual report to the Congress.
Approved, August 10, 1995.

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

BANK BRANCHES. DOMESTIC




Cleveland

Fifth Third Bank of Columbus, Columbus, Ohio --to
establish a branch at 3353 Cleveland Avenue.
Approved, August 25, 1995.

FEDERAL

RESERVE

BANK

OF

BOSTON

A P P L IC A T IO N S

SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

C o m m e n t P e r i o d Endi n g D ate

P e o p l e ' s Bancshares,
Inc., S o u t h Easton,
Massachusetts - section 3
n o t i c e to a c q u i r e 100% of
the v o t i n g shares of
P e o p l e ' s S a v i n g s B a n k of
Brockton, S o u t h Easton,
Massachusetts*

Newspaper

09-06-95

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
C o m m e n t P e r i o d E n d i n g D ate

Application
C a m d e n N a t i o n a l Corporation,
Camden, M a i n e - 3 ( a ) (3)/
3 ( a ) (5)/ 4 ( c ) (8)a p p l i c a t i o n
to a c q u i r e 100% of the
o u t s t a n d i n g sto c k of
UNITEDCORP, Bangor, M a i n e
a n d i n d i r e c t l y 51% of Trust
C o m p a n y of M a i n e , I n c .,
Bangor, Ma i n e *

Newspaper

Not Yet E s t a b l i s h e d

Federal R e g i s t e r

09-25- 95

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Co m m e n t

P e r i o d Endi n g 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

R a t i n g **

NONE

♦ Subject to CRA.
♦♦Ra t i n g Definitions:
"0" - Outstanding; "S"
Improve; "SN" - S u b s t a n t i a l No n c o m p l i a n c e .



- Satisfa c t o r y ;

"N"

- Nee d s 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 an offsite
electronic facility at Home Box Office, 1100 Avenue of
the Americas, New York, New York. 1/

10/3/95

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

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Waterhouse Investor Services, Inc., New York, New York
(“Notificant"), a bank holding company, to engage through a
de novo subsidiary, National Investor Services Corp., in
providing execution, clearing and other services incidental
to brokerage, for affiliates and for third-parties, as a result
of a reorganization of those same functions, which currently
are being conducted by Notificant's existing broker-dealer
subsidiary, Waterhouse Securities, Inc., New York, New York.
N/A

SECTION IV
Applications Not Involving
______ Publie Comment______
None.

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




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 2, 1995
NAME OF BANK

RATING

EXAMINATION DATE

None.

H | CN|

/
/
3/
4/

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




FEDERAL RESERVE BANK OF PHILADELPHIA

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 Malverne, Malverne, PA, pursuant to the Bank Holding
Company Act.
Newspaper Notice comment period expires:
Federal Register comment period expires:

N/Avail
N/Avail

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 1, 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 ederal Reserve B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 4410 1-13 87

Applications Bulletin

This Applications Bulletin identifies final applications received by the Federal Reserve Bank
of Cleveland during the week ending September 2, 1995. This Applications Bulletin is published
weekly as a courtesy o f the Federal Reserve and does not constitute notice o f these applications.
If members of the public want to comment on an application, comments must be received
by the Federal Reserve on or before the last day o f the comment period. The comment period
ends no earlier than the date specified in the newspaper notice and, in the case o f bank holding
company applications for which a Federal Register notice is published, may end later than that
date. If you have any questions concerning procedures that should be followed in commenting
on an application, you may contact Ms. Laura K. McGowan, Community Affairs Officer, at the
Federal Reserve Bank of Cleveland at P. O. Box 6387, Cleveland, Ohio, 44101, or telephone
(216) 579-2891.
If you cannot submit your comments by the end of the time period, you may request an
extension of time by contacting the Secretary of the Federal Reserve Board, Washington, D .C .,
20551. Your request for an extension of time must be received no later than the last date of the
comment period and should explain why you are unable to submit your comments on time. You
will find more information on how to request additional time in the Code o f Federal Regulations
("CFR") at 12 CFR # 262.25(B) (as revised, Press Release (January 31, 1984), 49 Federal
Register 5603 (February 14, 1984)).
For information on the Board’s policy concerning the holding of public meetings, please see
the Board’s Policy Statement for Handling Protested Applications, 12 CFR # 262.25® and (D)
(1984). The procedure for requesting a hearing can be found at 12 CFR # 262.3(e). You may
wish to consult A Citizen’s Guide to CRA. published by the Federal Financial Institutions
Examination Council.




F ederal R eserve B ank
of C leveland
P. O. BOX 6387
CLEVELAND, OHIO 4 4 10 1-13 87

APPLICATIONS BULLETIN
(For the week ending Septem ber 2, 1995)

SECTION I - APPLICATIONS SUBJECT TO NEW SPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH NEW SPAPER AND FEDERAL
REGISTER NOTICE
Received application from Lenox Bancorp, In c .,

*F: September 28,

1995
St. Bernard, Ohio, on August 28, 1995, to acquire
Lenox Savings Bank, St. Bernard, Ohio, pursuant to
Section 3 o f the Bank Holding Company Act.
Received application from Peoples o f Fleming County

*F: September 28,

1995
Bancorp, Inc., Flemingsburg, Kentucky, on August 28,
1995, to acquire The Peoples Bank of Fleming County,
Flemingsburg, Kentucky, pursuant to Section 3 o f the
Bank Holding Company Act.
Received application from CNB Bancorp, In c .,

*F: September 29,

1995
Woodsfield, Ohio, on August 30, 1995, to acquire
The Citizens National-Bank o f Woodsfield,
Woodsfield,: O hio, pursuant to Section 3 of the
Bank Holding Gompdny Act.
Received application from F&A Financial Company
1995
and Snyder Holding Company, both of Kittanning,
Pennsylvania, on August 30, 1995, to acquire up to
95.850 percent of the outstanding voting shares o f The
Farmers National Bank o f Kittanning, Kittanning,
Pennsylvania, pursuant to Section 3 o f the Bank Holding

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




*F: September 29,

F ederal R eserve B ank
of C leveland
P. 0 . BOX 6387
CLEVELAND, OHIO 4 4 10 1-13 87

Company Act.

A PPLICA TIO N S BU LLETIN
(For th e week ending Septem ber 2, 1995)

SECTIO N m - A PPLIC A TIO N S SU B JEC T TO FED ER A L R E G IS T E R N O T IC E ONLY
NONE
SECTIO N IV - A PPLICA TIO N S N O T SU B JEC T TO FED ER A L R E G IS T E R N O T IC E
O R N EW SPA PER N O T IC 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 1, 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 1,
1995. If you are interested in obtaining a copy o f an evaluation document, please contact the
bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs o f its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
SA TISFACTORY : a bank in this group has a satisfactory record o f ascertaining and
helping to meet the credit needs o f its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IM PR O V E: a bank in this group needs to improve its overall record o f
ascertaining and helping to meet the credit needs o f its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.
SUBSTANTIAL NON C O M PLIA N C E: 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.

NONE




Federal Reserve Bank of Richmond

Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Mellon Bank (MD), Rockville, Maryland, to
establish an Electronic Funds Transfer
Facility at 4965 Elm Street, Bethesda,
Maryland.*

9-20-95

F & M Bank-Winchester, Winchester, Virginia,
to establish an Electronic Funds Transfer
Facility at 251 Front Royal Pike, Winchester,
Virginia.*

9-30-95

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

Comment Period Ending Date

First Union Corporation, Charlotte, North
Carolina, to acquire RS Financial Corp.,
Raleigh, North Carolina.*

10-2-95

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 1, 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____

Citizens Bank and Trust Company
126 South Main Street
Blackstone, Virginia 23824




6-19-95

Rating

Satisfactory

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 1, 1995

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

Citizens Bank of Talladega
Not yet available*
Talladega, Alabama
To merge with Talladega Federal Savings and Loan Assoiation, Talladega, Alabama,
pursuant to Section 18(c) of the Federal Deposit Insurance Act.
Citizens Community Bancshares, Inc.
09-14-95*
Winchester, Tennessee
Notice for 1-BHC formation, Citizens Community Bank, Winchester, Tennessee.

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

Application

Comment Period Ending Date

Alabama National Bancorporation
Not yet available*
Shoal Creek, Alabama
To merge with National Commerce Corporation, Birmingham, Alabama, and thereby
acquire Commerce Bankshares, Inc., Birmingham, Alabama, and National Bank of
Commerce, Birmingham, Alabama, pursuant to Section 3(a)(5) of the Bank Holding
Company A c t .
Quantum Capital Corp.
Not yet available*
Suwane e , Georgia
1-BHC formation, Quantum National Bank, Suwanee, Georgia (in organization)
Home Savings Bank Employee Stock Ownership Plan
Not yet available*
Meridian, Mississippi
1-BHC formation, Home Savings Bank, SSB, Meridian, Mississippi.

Subject to provisions of the Community Reinvestment Act.




Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 1, 1995

Section 3 - Applications Subject to Federal Register Only

Application

Comment Period Ending Date

SouthTrust Corporation
Not yet available
Birmingham, Alabama
For its Section 20 securities subsidiary,
SouthTrust Securities,
Inc.,
Birmingham, Alabama, proposes to engage de novo in (1) the private placement of
all types of debt and equity securities. The Board has previously determined by
order that these activities are so closely related to banking as to be a proper
incident thereto under Section 4(c)(8) of the Bank Holding Company Act.
See
Bankers Trust New York Corporation, 75 Federal Reserve bulletin 829 (1989)
("Bankers TrustOrder") , J.P. Morgan & Company Incorporated, 76 Federal Reserve
Bulletin 26 (1990) ("J.P. Morgan Order")
(2) to buy and sell all types of debt
and equity securities on the order of customers as a "riskless principal." The
Board has previously determined by order that these activities are also so
closely related to banking as to be a proper incident thereto under Section
4 (c) (8) of the Bank Holding Company Act. See Bankers Trust New York Corporation,
75 Federal Reserve bulletin 829 (1989) ("Bankers Trust Order"), J.P. Morgan &
Company Incorporated, 76 Federal Reserve Bulletin 26 (1990)
("J.P. Morgan
Order")
(3) to engage in financial advisory activities, pursuant to Section
225.25(b)(4) of Regulation Y.

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 1, 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
None.




Rating

Examination
Date

Federal Reserve Bank of Atlanta
Applications Bulletin for Week Ending September 1, 1995

Recentlv Approved Applications

Approval Date

Georgia First Bank
08-31-95
Gainesville, Georgia
To establish a branch located at the Southeast corner of Spout Springs Road and
Holland Dam Road, Flowery Branch, Georgia.
American Bancshares, Inc.
08-31-95
Bradenton, Florida
Notice for 1-BHC formation, American Bank of Bradenton, Bradenton, Florida.
Thomasville Bancshares, Inc.
Thomasville, Georgia
1-BHC formation, Thomasville National Bank, Thomasville, Georgia.




08-31-95

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

Comment Period
Ending Date

Type

Application

Branch

Harris Trust and Savings Bank
Chicago, Illinois
824 N. W estern Avenue
Lake Forest, Illinois

NP - 9-4-95

Branch

North Shore Community Bank & Trust Company
Wilmette, Illinois
362 Park Avenue
Glencoe, Illinois

NP - 8-30-95

Branch

Citizens Commercial & Savings Bank
Flint, Michigan
35478 Groesbeck Highway
Clinton, Michigan
8275 Holly Road
Grand Blanc, Michigan

NP - 8-31-95

Branch

First Source Bank
South Bend, Indiana
1751 Lexington Avenue
Elkhart, Indiana
23164 U.S. 33
Elkhart, Indiana

NP - 8-27-95

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




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

Type

Application

EFT

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

NP - 9-22-95

M erger/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

NP - **

Branch

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

NP _ **

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*

N p - **




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

Type

Application

Branch

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

NP - **

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*

NP - **

Branch

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

N p - **

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-2

Dentel Bancorporation
Victor, Iowa
Maxwell Bancorporation
Maxwell, Iowa
Maxwell State Bank
Maxwell, Iowa*

FR - 8-4-95
NP - 8-28-95

Y -l

Olympia Bancorporation, Inc. Employee
Stock Owners
Chicago Heights, Illinois
Olympia Bancorporation, Inc.
Chicago Heights, Illinois
Heritage Olympia Bank
Chicago Heights, Illinois*

FR - 8-11-95
NP - 9-4-95

Y-2

NBD Bancorp, Inc.
Detroit, Michigan
NBD Bank
Venice Florida*

FR - 8-28-95
NP - 8-21-95

CoC

Beaman Bancshares, Inc.
Beaman, Iowa
Glenn R. Hurlbutt and Neva Hurlbutt
Revocable Trust, Glenn R. Hurlbutt,
Trustee

FR - 9-5-95
NP - 9-6-95

Y -l

M adison Holdings Limited Partnership
Madison Heights, Michigan
Madison Bancorp, Inc.
Madison Heights, Michigan
Madison National Bank
Madison Heights, Michigan*

FR - 8-31-95
NP - 8-25-95

Y-2

Comerica Incorporated
Detroit, Michigan
Questar Bank, National Association
Houston, Texas*

FR - 8-28-95
NP - 9-1-95







Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal

Application

Comment Period
Ending Date

Comerica Texas Incorporated
Dallas, Texas
Questar Bank, National Association
Houston, Texas*

FR - 8-28-95
N P - 9-1-95

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

FR - 9-1-95
N P - **

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

FR - 9-7-95
N P - **

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
N P - 9-11-95

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

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

Calumet National Corporation
Hammond, Indiana
Chicago Heights Bancorp, Inc.
Chicago Heights, Illinois
Chicago Heights National Bank
Chicago Heights, Illinois*

FR - 9-11-95
N P - 9-9-95

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
N P - **

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
jsfp - **

Y-2

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

FR - 9-20-95
N P - **




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

Type

Application

Y-2

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-Dearborn
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*

FR - 9-29-95

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

A
'

Y-2




NP - **

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

Type

Application

Y -l

M ilton Bancshares, Inc.
M ilton, Wisconsin
Bank o f M ilton
Milton, Wisconsin*

FR - 9-28-95

FSB Corp
Sublette, Illinois
Farmers State Bank o f Sublette
Sublette, Illinois*

PR _ * *

Y -l




Np _ * *

N P - **

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

Type

Application

4(c)(8)

ABN AMRO Holding N.V.
Amsterdam, Netherlands
ABN AMRO Bank N.V.
Amsterdam, Netherlands
Meespierson N.V.
Amsterdam, Netherlands
Stichting Administratiekantoor ABN AMRO HOLDING
Amsterdam, Netherlands
Stichting Prioriteit ABN AMRO HOLDING
Amsterdam, Netherlands
Line Financial Services, Inc.
Chicago, Illinois

FR - 9-1-95

4(c)(8)

Central Illinois Bancorp, Inc.
Sidney, Illinois
Mortgage Services of Illinois, Inc.,
Bloomington, Illinois

FR - 9-6-95

4(c)(8)

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

FR - 9-18-95

4(c)(8)

ABN AMRO Bank N.V.
Amsterdam, Netherlands
ABN AMRO Holding N.V.
Amsterdam, Netherlands
Stichting Administratiekantoor A B N 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.

P R _ **




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

Comment Period
Ending Date

Type

Application

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, Iowa
Citizens Federal Savings Bank, FSB
Davenport, Iowa

FR - 9-20-95




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

Type

Application

4(c)(8)

First Chicago Corporation
Chicago, Illinois
NBD Insurance Agency, Inc.
Detroit, Michigan
M L 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 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 following state member banks have been examined by the Federal Reserve Bank of Chicago for compliance
with the CRA. The 30-day business day period the bank has to make the evaluation public has lapsed during the
week ending September 1, 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, ascertaining and helping to meet
the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

EXAMINATION DATE

RATINGS
•

-Beverly Bank Lockport
1103 East 9th Street
•Lockport, Illinois 60441-3200
(815) 835-5900

5/08/95

S

-Harris Bank, St. Charles
One East M ain Street
Saint Charles, Illinois 60174-1981
(708) 377-4188

5/08/95

S




Federal Reserve Bank o f St. Louis
FOR THE WEEK ENDING SEPTEMBER 1, 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 Harrell Bancshares,
Inc., Camdem, Arkansas, to acquire First Banks of
South Arkansas, Junction City, Arkansas, and
Calhoun County Bank, Hampton, Arkansas.

Newspaper:

9/30/95

♦Section 3(a)(1) application by Liberty Bancshares,
Inc., Springfield, Missouri, to acquire Liberty
Bank, Springfield, Missouri (a de novo bank).

Newspaper:

9/29/95

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
Section 4(c)(8) notification by First United
Bancshares, Inc., El Dorado, Arkansas, to engage
de novo in trust activities through the acquisition
of First United Trust Company, N.A., El Dorado,
Arkansas.

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 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 m eet the credit needs o f its entire delineated community, including low - and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
Satisfactory record o f meeting community credit needs
An institution in this group has a satisfactory record o f ascertaining and helping to m eet the
credit needs o f its entire delineated community, including low - and moderate- income
neighborhoods, in a manner consistent with its resources and capabilities.
Needs to improve record o f meeting community credit needs
An institution in this group needs to improve its overall record o f ascertaining and helping to
meet the credit needs 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 o f ascertaining and helping to
m eet the credit needs o f 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 1, 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*

Not yet available

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

Application

Comment Period
Ending Date

First Bank System, Inc., Minneapolis, Minnesota,
to acquire, through merger, Southwest Holdings,
Inc., Omaha, Nebraska*

September 20, 1995
(Federal Register)

First Bank System, Inc., Minneapolis,
Minnesota, to acquire, through merger,
Midwestern Services, Inc., Omaha, Nebraska*

September 20, 1995
(Federal Register)

Richard Schneider, to acquire control of
27.3% of the voting shares of Dean
Financial Services, Inc., St. Paul, Minnesota

Not yet available

BancMidwest Corporation, St. Paul,
to acquire 100% of the voting shares of
South Saint Paul Bancshares, Inc., South
St. Paul, Minnesota*

September 25, 1995
(Federal Register)

Mille Lacs Bancorporation, Inc.,
Otiamia, Minnesota, to acquire 100% of
the voting shares of Mille Lacs
Bancshares, Inc., Onamia, Minnesota*

September 29, 1995
(Federal Register)

Thomas Page, Hershell Page, and
Ruth Ann Page Trust, to acquire control of
59.5% of the voting shares of The Page
Holding Company, Plankinton, South Dakota*

August 22, 1995
(Federal Register)

*Subject to CRA




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

Application
Norwest Corporation, Minneapolis,
Minnesota, and Norwest Financial Services,
Inc., Des Moines, IA, to engage de novo
in money transmission activity within the U.S.

October 4, 1995

First Bank System, Inc., Minneapolis,
Minnesota, to engage in savings
association activities through the
acquisition of FBS Interim Bank, fsb,
Omaha, Nebraska, which is being formed
to acquire the Nebraska offices of
First Bank, fsb, Fargo, North Dakota

September 20, 1995

First Bank System, Inc., Minneapolis,
Minnesota, to engage in reinsurance of
credit life and credit disability* insurance,
through the acquisition of SWH & K
Partnership, Omaha, Nebraska

September 20, 1995

MidWest Bancorporation, Inc., Minnetonka
Minnesota, and Todd County Agency, Inc.,
Minnetonka, Minnesota, propose to
establish a wholly-owned subsidiary,
West Central Agency, Inc., to acquire the
assets of Graceville Insurance Agency,
Graceville, Minnesota

September 20, 1995

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice
Application

F&M Bank-Lakeland, Woodruff,
Wisconsin, to become a member of
the Federal Reserve System




Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending September 1, 1995
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institutions 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 Interstate Bank
of Commerce
401 North 31st Street
Billings, MT 59116-0918
(406) 255-5000

April 3, 1995

Satisfactory

Citizens State Bank
P.0. Box 378
Arlington, SD 57212-0378
(605) 983-5594

May 30, 1995

Satisfactory




Federal Reserve Bank o f Kansas City

SECTION 1 - APPLICATIONS SUBIECT TO NEWSPAPER NOTICE ONLY

APPLICATION
WestStar Bank, Vail, Colorado, for prior approval
to establish a de novo branch located within a onehalf mile radius of intersection U.S. Highway 6
and Broadway, Eagle, Colorado, and a branch
facility at 700 Main Street, Frisco, Colorado.

COMMENT PERIOD ENDING DATF
Not Available

SECTION II - APPLICATIONS SUBIECT TO BOTH
NEWSPAPER A ND FEDERAL REGISTER NOTICE

APPLICATION

COMMENT PERIOD ENDING DATE

Liscomb J. Titus and Paul E. Titus, Trustees of the
Louis G. Titus Revocable Trust, Holdrege,
Nebraska, to retain 51.2 percent; Paula E. Titus,
Holdrege, Nebraska, to acquire an additional 27.6
percent; and John L. Titus, Holdrege, Nebraska, to
retain 39.3 percent of the voting shares of LJT, Inc.,
Holdrege, Nebraska.

September 21, 1995

Hoeme Family Partnership, Scott City, Kansas, for
prior approval to acquire an additional 1.05
percent, for a total of 35.49 percent of the voting
shares of First National Bancshares of Scott City,
Ltd., Scott City, Kansas.*

September 28, 1995

Aspen Bancshares, Inc., Aspen, Colorado, for prior
approval to acquire 100 percent of the voting
shares of Val Cor Bancorporation, Inc., Cortez,
Colorado.*

September 29, 1995.

First National Bank Shares, Ltd., Great Bend,
Kansas, for prior approval to acquire 9.9 percent of
the voting shares of Unison Bancorp, Inc., Lenexa,
Kansas.*

Not Available




Federal Reserve Bank o f Kansas City

SECTION HI - APPLICATIONS SUBIECT TO FEDERAL REGISTER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATF

Castle Rock Bank Holding Company, Castle Rock,
Colorado, for prior approval to acquire Colorado
Imaging Company, Inc., Castle Rock, Colorado,
and thereby engage in data processing activities.

September 18, 1995

SECTION IV - APPLICATIONS NOT SUBIECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
First York Ban Corp., York, Nebraska, for prior
approval to redeem 75,000 shares of their par
value common stock.

Not Available

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings

In connection w ith 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.




Federal Reserve Bank o f Kansas City

Needs to improve record of meeting community credit needs

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

Bank/Location

Exam Date

CRA Public
Date

The Bank of Versailles
P.O. Box 29
Versailles, Missouri 65084-0029

05/11/95

08/28/95

Satisfactory

Anadarko Bank & Trust
P.O. Box 667
Anadarko, Oklahoma 73005-0667

05/30/95

08/29/95

Satisfactory

The Bank of Holyrood
P.O. Box 128
Holyrood, Kansas 67450-0128

06/12/95

09/01/95

Satisfactory

* Application is subject to CRA.




CRA
Ratine

FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF AUGUST 28, 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

** NOTICE EXP

♦Section 3(a)(1) application
CNB Bancshares of Victoria,
acquire Citizens Bancorp of
and Citizens National Bank,

by
Inc., Victoria, TX, to
Delaware, Inc., Wilmington, DE,
Victoria, TX

N/A

♦Section 3(a)(1) application by
Citizens Bancorp of Delaware, Inc., Wilmington, DE, to
acquire Citizens National Bank, Victoria, TX

N/A

♦Section 3(a)(1) application by
Magnolia Partnership Investments, Ltd., Beaumont, TX, to
acquire First of Groves Corporation, Groves, TX
(First Bank & Trust Company, Groves, TX, and First National
Bank, Silsbee, TX)

N/A

Change in Control Notice by
Ralph L. Matteucci, Anna Maria Matteucci, James L. Matteucci,
Phoenix, AZ; and Richard L. Matteucci, Albuquerque, NM, to
acquire an interest in New Mexico National Financial
Incorporated, Roswell, NM
(Resubmission)

N/A

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)

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION
None.




NOTICE EXP

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
Section 24A application by
The State Bank of Texas, Houston, TX, to invest in
bank premises in excess of bank’s capital stock

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




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF AUGUST 28. 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

Date of
Examination

CRA Rating

Colorado Valley Bank
143 N. Main
P.0. Box 796
La Grange, TX 78945-0796

95/05/22

Satisfactory

United Bank & Trust
1049 N. 3rd St.
P. 0. Box 3157
Abilene, TX 79604-3157

95/05/22

Satisfactory




FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 09/01/95
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

Horizon Financial C orp., Bellingham, Washington, to
become a bank holding company through the reorganization
o f Horizon Bank, a savings bank, Bellingham, Washington. *

Newspaper:

08/18/95

Ireland Bank, Malad, Idaho, to establish a branch office at
2715 Poleline Road, Pocatello, Idaho. *

Newspaper:

09/18/95

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

Section III -Applications Subject to Federal Register Only
None

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

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO

W eek ending 09/01/95

Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during the week ending
September 1, 1995. 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 o f the following
four ratings:
O utstanding re c o rd o f m eeting com m unity credit needs: An institution 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 re c o rd o f m eeting com m unity credit needs: An institution has a satisfactory record of
ascertaining and meeting 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 im prove re c o rd of m eeting com m unity 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.
S ubstan tial noncom pliance in m eeting com m unity credit needs: An institution has a substantially
deficient record of ascertaining and helping to meet the credit needs o f 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 o f 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