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. 39 Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received During the Week Ending September 30, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS BANK HOLDING COMPANIES American Financial Group, Inc., Cincinnati, Ohio -request for relief from certain commitments involving its holdings in Provident Bancorp, Inc. Granted, September 27, 1995. First Commerce Corporation, New Orleans, Louisiana -to acquire Central Corporation, Monroe, Louisiana, and Central Bank. Approved, September 25, 1995. First Union Corporation, Charlotte, North Carolina; NationsBank Corporation; Southern National Corporation, Winston-Salem, North Carolina; and Wachovia Corporation - - t o each acquire more than 5 percent interest in Education Financing Services, LLC, Winston-Salem, North Carolina, and provide education financing advisory services nationwide to State governments. Permitted, September 25, 1995. State Street Boston Corporation, Boston, Massachusetts -- to invest in a de novo joint venture, BancBoston State Street Investor Services, L.P., Canton, Massachusetts, and engage in trust related services and data processing activities. Permitted, September 25, 1995. ENFORCEMENT Constitution Bancorp, Inc., Philadelphia, Pennsylvania, and Constitution Bank -- written agreement dated November 18, 1993, terminated August 31, 1995. Announced, September 29, 1995. Security Bank Corporation, Manassas, Virginia written agreement dated April 1, 1992, terminated September 11, 1995. Announced, September 29, 1995. Sparta State Bank, Sparta, Michigan -- written agreement dated August 3, 1993, terminated July 31, 1995. Announced, September 29, 1995. Union State Bank, Upton, Wyoming-- written agreement dated February 4, 1993, terminated September 5, 1995. Announced, September 29, 1995. H .2 SEPTEMBER 25, 1995 PAGE 2 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Consumer Credit Advertising Under The Truth in Lending Act -- report to the Congress on possible changes to advertising rules. Approved, September 25, 1995. Regulation Z -- correction to final rule concerning "reverse mortgages” and mortgages bearing rates or fees above a certain percentage or amount (Docket R-0858). Approved, September 25, 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 Philadelphia Ambassador Bank of the Commonwealth, Allentown, Pennsylvania -- to establish a branch at 402 State Road, Emmaus, Pennsylvania. Approved, September 29, 1995. Chicago Bank of Illinois in Normal, Normal, Illinois -- to establish an offsite electronic facility at 103 East Beaufort. Approved, September 25, 1995. Chicago Bankers Trust Company, Des Moines, Iowa -- to establish an automated teller machine at Kum & Go., 1725 Northwest 86th, Clive, Iowa. Approved, September 29, 1995. Chicago Bankers Trust Company, Des Moines, Iowa --to establish an automated teller machine at Kum & Go, 7265 Vista Drive, West Des Moines, Iowa. Approved, September 29, 1995. Chicago Baylake Bank, Sturgeon Bay, Wisconsin -- to establish a branch at the intersection of Voyager Drive and Huron Road, Green Bay, Wisconsin. Approved, September 29, 1995. H .2 SEPTEMBER 25, 1995 PAGE 3 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK BRANCHES■ DOMESTIC Chicago Baylake Bank, Sturgeon Bay, Wisconsin -- to retain the branch at 2260 Bay Settlement Road, Green Bay, Wisconsin. Approved, September 29, 1995. Cleveland Fifth Third Bank of Northeastern Ohio, Cleveland, Ohio -- to establish a branch at 18300 Royalton Road, Strongville, Ohio. Approved, September 27, 1995. Kansas City Havelock Bank, Lincoln, Nebraska -- to establish a branch at 5651 South 59th Street. Approved, September 29, 1995. San Francisco Ireland Bank, Malad City, Idaho -- to establish a branch at 2715 Popeline Road, Pocatello, Idaho. Approved, September 25, 1995. Richmond Mellon Bank (MD), Rockville, Maryland -- to establish an electronic funds transfer facility at 4965 Elm Street, Bethesda, Maryland. Approved, September 27, 1995. Chicago Security Savings Bank, Farhamville, Iowa -- to establish branches at 127 South Ash Street, Harcourt, Iowa, and 116 Main Street, Lehigh^ Iowa. Approved, September 29, 1995. BANK HOLDING COMPANIES Dallas Alamo Corporation of Delaware, Wilmington, Delaware - to acquire Alamo Bank of Texas, Alamo, Texas. Approved, September 27, 1995. Dallas Camino Real Bancshares, Inc., Sam Antonio, Texas to acquire Texas Bank, N.A. Approved, September 28, 1995. Dallas Camino Real Delaware, Inc., Wilmington, Delaware -to acquire Texas Bank, N.A., San Antonio, Texas. Approved, September 28, 1995. H.2 SEPTEMBER 25, 1995 PAGE 4 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Richmond Carolina Community Bancshares, Inc., Latta, South Carolina -- to acquire SouthTrust Bank of Dillon County. Approved, September 27, 1995. Atlanta Century South Banks, Inc., Dahlonega, Georgia - - t o acquire Peoples Bank, Lavonia, Georgia. Approved, September 29, 1995. Atlanta Citizens Community Bank Shares, Inc., Winchester, Tennessee - - t o acquire Citizens Community Bank. Approved, September 27, 1995. Kansas City Downs Bancshares, Inc., Downs, Kansas -- to retain shares of Cushing Insurance Agency, and to continue to engage in the sale of general insurance activities. Withdrawn, September 25, 1995. Secretary First United Bancshares, Inc., El Dorado, Arkansas -to engage de novo in trust services through First Union Trust Company, N.A. Permitted, September 29, 1995. Chicago Hampton Banco, Inc., Hampton, Iowa -- request for relief from certain commitments. Returned, September 26, 1995. Minneapolis Lake Elmo Bancshares, Inc., Lake Elmo, Minnesota -to acquire Lake Elmo Bancorp, Inc. Approved, September 27, 1995. Cleveland Lenox Bancorp, Inc., St. Bernard, Ohio -- to acquire Lenox Savings Bank. Withdrawn, September 29, 1995. Cleveland Mellon Bank Corporation, Pittsburgh, Pennsylvania -to acquire Target Trust Company, Philadelphia, Pennsylvania. Permitted, September 25, 1995. H.2 SEPTEMBER 25, 1995 PAGE 5 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Chicago Merchants Bancorp, Inc., Aurora, Illinois -- to acquire Valley Banc Service Corp., Saint Charles; Anchor Bank, Third Lake; Hinckley State Bank, Hinckley; State Bank of Osco, Osco; and Fox Valley Bank, Saint Charles, Illinois. Approved, September 26, 1995. Minneapolis Midwest Bancorporation, Inc., Minnetonka, Minnesota, and Todd County Agency, Inc. -- to engage in general insurance agency activities through Graceville Insurance Agency, Inc., Graceville, Minnesota. Permitted, September 27, 1995. San Francisco Northern California Bancorp, Inc., Monterey, California -- to acquire Monterey County Bank. Returned, September 27, 1995. Boston People's Bancshares, Inc., South Easton, Massachusetts -- to acquire People's Savings Bank of Brockton. Approved, September 29, 1995. Cleveland PNC BankCorp., Pittsburgh, Pennsylvania -- to acquire Midlantic Corporation, Edison, New Jersey. Approved, September 26, 1995. Richmond Southern Financial Bancorp, Inc., Warrenton, Virginia -- to acquire Southern Financial Bank. Approved, September 28, 1995. Dallas Texas Bancorp Shares, Inc., San Antonio, Texas -- to acquire Camino Real Bancshares, Inc., San Antonio, Texas, Camino Real Delaware, Inc., Wilmington, Delaware, and Camino Real Bank, N.A., Eagle Pass, Texas. Approved, September 28, 1995. Dallas Trenton Bankshares, Inc., Trenton, Texas -- to acquire First National Bank of Trenton. Approved, September 28, 1995. H.2 SEPTEMBER 25, 1995 PAGE 6 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES Kansas City Unison Bancorp, Inc., Lenexa, Kansas - - t o acquire Western National Bank. Approved, September 29, 1995. Minneapolis White Pine Bancorp, Inc., Pine River, Minnesota -- to acquire Norbanc Group, Inc. Approved, September 27, 1995. BANK MERGERS Chicago Security Savings Bank, Farhamville, Iowa -- to acquire the assets and assume the deposit liabilities of the Harcourt, Iowa, and Lehigh, Iowa, offices of Boatmenfs Bank of Fort Dodge, Fort Dodge, Iowa, and to establish branches. Approved, September 29, 1995. Richmond Southern Financial Bank, Warrenton, Virginia proposal to merge with Southern Financial Federal Savings Bank, and establish branches. Approved, September 28, 1995. BANK PREMISES Kansas City Bank of Laramie, Laramie, Wyoming -- investment in barnk premises. Approved, September 25, 1995. BANKS, NONMEMBER. AND MISCELLANEOUS INSTITUTIONS Director, BS&R USBancorp Trust Company, Johnstown, Pennsylvania -registration statement. Withdrawn, September 26, 1995. BANKS. STATE MEMBER Kansas City Bank of Commerce, Wetumka , Oklahoma -- payment of a dividend. Approved, September 26, 1995. Kansas City Morris State Bank, Morris, Oklahoma -- payment of a dividend. Approved, September 26, 1995. H.2 SEPTEMBER 25, 1995 PAGE 7 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANKS. STATE MEMBER Kansas City Weleetka State Bank, Weleetka, Oklahoma -- payment of a dividend. Approved, September 26, 1995. CAPITAL STOCK San Francisco Bank of America Nevada, Las Vegas, Nevada -redemption of shares. Approved, September 25, 1995. Minneapolis Dean Financial Services, Inc., St, Paul, Minnesota -redemption of shares. Approved, September 29, 1995. Kansas City First National Bank of York, York, Nebraska -redemption of shares. Approved, September 27, 1995. Kansas City First York Ban Corp, York, Nebraska -- redemption of shares. Approved, September 27, 1995. CHANGE IN BANK CONTROL Minneapolis Deem Financial Services, Inc., St, Paul, Minnesota -change in bank control. Permitted, September 29, 1995. Kansas City Equitable Bankshares of Colorado, Inc., Denver, Colorado -- change in bank control. Returned, September 27, 1995. Atlanta F.B.H. Corporation, Fayette, Alabama -- change in bank control. Permitted, September 29, 1995. Kansas City Higginsville Bancshares, Inc., Higginsville, Missouri -- change in bank control. Withdrawn, September 26, 1995. Cleveland Marblehead Bank, Marblehead, Ohio -- change in bank control. Permitted, September 26, 1995. H .2 SEPTEMBER 25, 1995 PAGE 8 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CHANGE IN BANK CONTROL San Francisco SDN Bancorp, Encinitas, California -- change in bank control. Permitted, September 26, 1995. COMPETITIVE FACTORS REPORTS Minneapolis American Commercial Bank, St. Paul, Minnesota, proposed merger with American Bank Burnsville, Burnsville, Minnesota -- report on competitive factors. Submitted, September 25, 1995. Boston Athol Savings Bank, Athol, Massachusetts, proposed purchase of certain assets and assumption of certain liabilities of the 52 Main Street, Ashburnham, Massachusetts, branch of the First National Bank of Boston, Boston, Massachusetts -report on competitive factors. Submitted, September 28, 1995. Minneapolis BankFirst National Association, Sioux Falls, South Dakota, proposed merger with BankFirst National Association, Brookings, South Dakota -- report on competitive factors. Submitted, September 28, 1995. Dallas Camino Real Bank, N.A., Eagle Pass, Texas, proposed merger with Texas Bank, National Association, San Antonio, Texas -- report on competitive factors. Submitted, September 29, 1995. Atlanta Fidelity Federal Savings Bank, Dalton, Georgia, proposed acquisition of the assets and assumption of the liabilities of the branch at 200 West Main Street, Cartersville, Georgia, of Prudential Savings Bank, FSB. Submitted, September 25, 1995. Minneapolis First National Bank, Pierre, South Dakota, proposed merger with the Newell, South Dakota, branch of First Savings Bank, Beresford, South Dakota -report on competitive factors. Submitted, September 26, 1995. H.2 SEPTEMBER 25, 1995 PAGE 9 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY COMPETITIVE FACTORS REPORTS Chicago Kankakee Federal Savings Bank, Kankakee, Illinois, proposed purchase of the assets and assumption of the liabilities of the Momence, Illinois, branch of First of America Bank-Illinois, National Association, Bannockburn, Illinois -- report on competitive factors. Submitted, September 26, 1995. Dallas L & B Financial, Inc., Sulphur Springs, Texas, proposed acquisition of assets and assumption of liabilities of Sulphur Springs Loan and Building Association -- report on competitive factors. Submitted, September 29, 1995. Minneapolis Marquette Bank, N.A., Golden Valley, Minnesota, proposed merger with Marquette Bank Cannon Falls, Cannon Falls, Minnesota -- report on competitive factors. Submitted, September 28, 1995. New York MSB Bancorp, Inc., Goshen, New York, proposed reorganization as a unitary savings and loan holding company, and the proposed conversion of MSB Bancorp1s, subsidiary, Middletown Savings Bank, to a federal stock savings bank from a New York Statecharterd stock savings bank-- report on competitive factors. Submitted, September 28, 1995. Atlanta Ponte Vedra National Bank, Ponte Vedra Beach, Florida, proposed merger with SunBank / North Florida, N.A., Jacksonville, Florida -- report on competitive factors. Submitted, September 27, 1995. Philadelphia Sun National Bank, Medford, New Jersey, proposed purchase of certain assets and assumption of certain liabilities of four branches of New Jersey National Bank, Ewing Township, New Jersey -- report on competitive factors. Submitted, September 25, 1995. H .2 SEPTEMBER 25, 1995 PAGE 10 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY CURRENCY Director, FRBO Federal Reserve notes -- letter confirming request for printing order for fiscal year ending September 30, 1996. Approved, September 28, 1995. Director, FRBO Federal Reserve notes -- increase in the 1995 new currency budget for printing and related costs. Approved, September 28, 1995. EXTENSIONS OF TIME San Francisco Bank of Tokyo, Ltd., Tokyo, Japan -- extension to December 31, 1995, to invest in Bank of Tokyo Mexico, S.A., Mexico, through BOT North America International, Inc., New York, New York. Granted, September 27, 1995. Richmond NationsBanc-CRT Energy CUE), Ltd., London, England -extension to December 26, 1995, to engage in certain futures commission merchant activities. Granted, September 26, 1995. Minneapolis Norwest Corporation, Minneapolis, Minnesota -extension to January 5, 1996, to engage de novo in financial and investment advisory activities through Norwest Investment Services, Inc. Granted, September 27, 1995. Richmond Princess Anne Bank, Virginia Beach, Virginia extens ion to December 29, 1995, to acquire certain assets and assume certain liabilities of three branches of CENIT Bank, F.S.B., Norfolk, Virginia. Granted, September 29, 1995. H.2 SEPTEMBER 25, 1995 PAGE 11 TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY MEMBERSHIP Richmond Southern Financial Bank, Warrenton, Virginia - - t o become a member of the Federal Reserve System. Approved, September 28, 1995. REGULATIONS AND POLICIES Secretary FOMC Federal Open Market Committee -- minutes of the meeting on August 22, 1995. Published, September 29, 1995. RESERVE BANK OPERATIONS Director, FRBO Federal Reserve Bank of Atlanta -- renovation of cash department at the Birmingham Branch. Approved, September 25, 1995. Director, FRBO Federal Reserve Bank of Cleveland -- to purchase equipment for savings bond processing services at the Pittsburgh Branch. Approved, September 26, 1995. Director, FRBO Federal Reserve Bank of New York -- to purchase consulting services to complete installation of telecommunications system. Approved, September 28, 1995. Director, FRBO Federal Reserve Bank of Richmond -- to replace and upgrade certain systems associated with the head office building. Approved, September 25, 1995. H.2 SEPTEMBER 25, 1995 PAGE 12 ADDITIONS AND CORRECTIONS TO SEPTEMBER 29, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS FORMS Bank Holding Company Report of Changes in Investments and Activities (FR Y-6A) -- extension with revision. Approved, September 20, 1995. ADDITIONS AND CORRECTIONS ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS UNDER DELEGATED AUTHORITY BANK HOLDING COMPANIES San Francisco BancWest Corporation, San Francisco, California -- to acquire Bank of the West. Approved, September 22, 1995. EXTENSIONS OF TIME San Francisco Dai-Icho Kangyo Bank, Limited, Tokyo, Japan -extension to divest certain property. Granted, September 21, 1995. Chicago First National Company, Storm Lake, Iowa extension to December 31, 1995, to acquire Buena Vista Abstracting, Storm Lake, Iowa, and engage in abstracting activities. Granted, September 22, 1995. FEDERAL RESERVE BANK OF BOSTON APPLICATIONS SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Co m m e n t P e r i o d Endi n g Date Application NON E SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE Application Comment P e r i o d E n d i n g Date NONE SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Comment Application P e r i o d E n ding Date NONE SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE Application NON E SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Institution Examination Date R a t i n g ** N ONE ♦Subject to CRA. ♦♦Rating Defin i t i o n s : "0" - Outstanding; "S" Improve; "SN" - S u b s t a n t i a l Noncomp l i a n c e . - Satisfactory; "N" - Needs to Federal Reserve Bank of New York Comment Period Ending Date SECTION I Applications Subject to Newspaper ___________Notice Only___________ Marine Midland Bank, Buffalo, New York, to acquire certain assets and assume certain liabilities of the two New York retail branch banking offices of its affiliate, Hang Seng Bank Limited, Hong Kong, and to establish branches at the two locations. 1/ 10/26/95 Fleet Bank, Albany, New York, to establish an offsite electronic facility at Carousel Center, 320 Hiawatha Blvd., Syracuse, New York. 1/ 10/26/95 Fleet Bank, Albany, New York, to establish an offsite electronic facility at Brookhaven Memorial Hospital, 101 Hospital Rd., East Patchogue, New York. 1/ 10/26/95 Fleet Bank, Albany, New York, to establish an offsite electronic facility at Evelyn Hill Inc., Liberty Island, New York, New York. 1/ 10/26/95 SECTION II Applications Subject to Both Newspaper and Federal Register Notice North Fork Bancorporation, Inc., Mattituck, New York, to acquire all of the voting shares of Extebank, Stony Brook, New York. Immediately thereafter, Extebank will be merged into Applicant's bank subsidiary, North Fork Bank, Mattituck, New York. 1/ 10/27/953/ SECTION III Nonbanking Applications (subject to Federal Register Notice Only) UJB Financial Corp., Princeton, New Jersey, to purchase 114 ATM's from Berkeley Federal Bank and Trust, FSB, Palisades Park, New Jersey, and to engage, through a wholly-owned de novo subsidiary, in provision of data-processing services to financial institutions. N/A SECTION IV Applications Not Involving ______ Public Comment______ Non e . 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 30. 1995 NAME OF BANK RATING The Adirondack Trust Co. Satisfactory 473 Broadway Saratoga Springs, NY 12866 1/ 2/ 3/ 4/ EXAMINATION DATE October 24, 1994 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 Execufirst Bancorp, Inc., Philadelphia, Pennsylvania is the subject of a Change in Bank Control Notice filed by Zeev Shenkman and The Shen Financial Fund I, L.P. to acquire up to 16.31% of the holding company. Newspaper Notice comment period expires: Federal Register comment period expires: N/Avail 10/17/95 SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLY Peoples Savings Financial Corporation, Ridgway, Pennsylvania, to engage directly in lending activities, pursuant to section 4(c)(8) of the Bank Holding Company Act and section 225.(b)(1) of Regulation Y. Federal Register comment period expires: 10/12/95 Sun Bancorp, Selinsgrove, Pennsylvania to engage de novo in community development activities through its acquisition of 95% of Mifflin Place Associates, Mifflinburg, Pennsylvania, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, as amended and Section 225.25(b)(6) of Regulation Y. Federal Register comment period expires: 10/13/95 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 29, 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 Wilmington Trust of PA 1522 McDaniel Drive West Chester, PA 19382 05/08/95 Satisfactory F ed er a l Reserv e B ank of Cleveland P. O. BOX 6387 CLEVELAND, OHIO 4410 1-13 87 APPLICATIONS BULLETIN (For the week ending Septem ber 30, 1995) SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY Received notice from Fifth Third Bank of Northeastern ^October 13, 1995 Ohio, Cleveland, Ohio, on September 25, 1995, of its intent to establish branch facilities at 21593 Lorain Road, Fairview Park, Ohio, and 10950 Lorain Road, Cleveland, Ohio. Received notice from The Commercial Bank, Delphos Ohio, on September 25, 1995, of its intent to establish a branch facility at 2285 North Cole Street, Lima, Ohio. ^October 25, 1995 SECTION n - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE NONE SECTION m - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY Received application from Banc One Corporation, Columbus, Ohio, on September 18, 1995, to acquire the nonbank subsidiaries of Premier Bancorp, Inc., Baton Rouge, Louisiana, pursuant to Section 4 of the Bank Holding Company Act. October 30, 1995 SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE NONE * - Subject to CRA N - Newspaper Comment Period F - Federal Register Comment Period Expected to End 30 Days from Date of Receipt # - AVAILABILITY OF CRA PUBLIC EVALUATIONS (September 29, 1995) The followingstatemember banks havebeenexamined by theFederalReserveBank of Cleveland for compliance with The Community Reinvestment Act. A public evaluation documentbecameavailablefromthebank(s)listedbelow duringtheweekendedSeptember29, 1995. Ifyou areinterestedinobtaining a copy ofan evaluationdocument, pleasecontactthe bank(s) directly. There arefourdescriptiveratingsforCRA: OUTSTANDING: a bank inthisgroup has an outstanding record of, and isa leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, ina manner consistentwith itsresources and capabilities. SATISFACTORY: abank inthisgroup has a satisfactory record ofascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, ina manner consistentwith itsresources and capabilities. NEEDS TO IMPROVE: a bank inthisgroup needs to improve itsoverall record of ascertainingand helpingtomeet thecreditneeds ofitsentiredelineatedcommunity, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient record of ascertaining and helping to meet the credit needs of itsentire delineated community, including low- and moderate-income neighborhoods, ina manner consistent with itsresources and capabilities. The Citizens Savings Bank Co. P.O. Box D 132 EastFront Street Pemberville, Ohio 43450 Rating: Satisfactory Exam Date: 6-12-95 Federal Reserve Bank of Richmond Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Triangle Bank, Raleigh, North Carolina, to purchase the assets and assume the liabilities of four branches of First Union National Bank of North Carolina, Charlotte, North Carolina, located in Benson, Clayton, Havelock, and Mount Olive, North Carolina.* 10-27-95 Section II - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Anderson Brothers Bancshares, Inc., Mullins, South Carolina, to become a bank holding company through the acquisition of 100% of the voting shares of Anderson Brothers Bank, Mullins, South Carolina.* 10-6-95 NationsBank Corporation, Charlotte, North Carolina, to acquire Sun World, National Association, El Paso, Texas (successor to Sun World Savings Bank, FSB).* 10-27-95** 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. **Expiration of comment period specified in the Federal Register. Federal Reserve Bank of Richmond Availability of CRA Public Evaluations Week ending September 29, 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 Commerce Bank Corporation 9658 Baltimore Avenue College Park, Maryland 20740-1346 7-10-95 Satisfactory Peoples Bank of Montross King Highway Montross, Virginia 22520 7-10-95 Satisfactory Citizens Bank of Tazewell 643 East Riverside Drive Tazewell, Virginia 24651 7-10-95 Satisfactory Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending September 29, 1995 Section 1 - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Banco Osorno y la Union Not yet available* Santiago, Chile To establish an international agency located in Miami, Florida. Section 2 - Applications Subject to Both Newspaper and Federal Register Notice Application Comment Period Ending Date Century South Banks, Inc. 10-26-95* Dahlonega, Georgia Federal Register To acquire Bank of Danielsville, Danielsville, Georgia, pursuant to Section 3(a)(3) of the Bank Holding Company Act. First National Gainesville, To acquire The 3(a)(3) of the Bancorp Georgia Bank of Heard County, Franklin, Bank Holding Company Act. Not yet available* Georgia, pursuant to Section Community Bancshares of Mississippi, Inc. ESOP Not yet available* (formerly Farmers & Merchants Bank ESOP) Forest, Mississippi Along with its second-tier holding company subsidiary, Community Bancshares of Mississippi, Inc.(formerly Forest Bancorp, Inc.), Forest, Mississippi, to merge with Community Bancshares of Indianola, Mississippi, and thereby directly acquire Community Bank, Indianola, Mississippi, pursuant to Section 3(a) (5) of the Bank Holding Company A c t . Section 3 - Applications Subject to Federal Register Only Application Comment Period Ending Date First American Corporation 10-13-95 Nashville, Tennessee To acquire Charter Federal Savings Bank, Bristol, Virginia, and thereby engage in operating a savings association, and to engage in the sale of credit related insurance through Charter Federal Savings Bank's wholly-owned subsidiaries, Charter Financial Services Corporation and Highlands Service Corporation, pursuant to Sections 225.25(b)(9) and 225.25(b)(8) of Regulation Y, and Section 4(c)(8) of the Bank Holding Company Act. ♦Subject to provisions of the Community Reinvestment Act. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending September 29, 1995 Section 4 - Applications Not Subject to Federal Register Notice or Newspaper Notice Application Non e. Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending September 29, 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 moderate income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs: An institution has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs: An institution needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate -income neighborhoods, in a manner consistent with its resources and capabilities. Examination Date Bank Rating First Southern Bank 9955 West Glade Road Boca Raton, Florida 33434 (407)479-2100 Satisfactory 06-12-95 Central State Bank Post Office Box 180 Calera, Florida 35040 (205)668-0711 Satisfactory 06-19-95 Federal Reserve Bank of Atlanta Applications Bulletin for Week Ending September 29, 1995 Recently Approved Applications Approval Date 09-29-95 F.B.H. Corporation Fayette, Alabama After-the-fact notification by Mr. James W. Branyon to retain 19.11 percent of the outstanding shares of F.B.H. Corporation, Fayette, Alabama. Century South Banks, Inc. 09-29-95 Dahlonega, Georgia To acquire Peoples Bank, Lavonia, Georgia, pursuant to Section 3 (a! (3) of the Bank Holding Company A c t . Citizens Community Bancshares, Inc., Winchester, Tennessee 1-BHC formation, Citizens Community Bank, Winchester, Tennessee. 09-27-95 Federal Reserve Bank o f Chicago SectionI-Applications SubjecttoNewspaper Notice Only Comment Period Ending Date Type Application Merger/Branch The Northern Trust Company Chicago, Illinois Northern TrustBank/O’Hare, National Association Chicago, Illinois Northern TrustBank/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 M&I Mid StateBank Stevens Point, Wisconsin 1341 8th StreetSouth Wisconsin Rapids, Wisconsin NP -10-11-95 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* NP -** Branch The Northern Trust Company Chicago, Illinois 265 Deerpath Road Lake Forest, Illinois* NP -** -** .** Federal Reserve Bank of Chicago SectionI-Applications SubjecttoNewspaper 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* NP - ** Merger/Branch Byron Center StateBank Byron Center, Michigan Moline, Michigan Branch ofFirstof America Bank, N.A. Grand Rapids, Michigan -Branch @1221 Rosewood Moline, Michigan NP . ** Branch Hinsdale Bank & Trust Company Hinsdale, Illinois Grant & Chestnut Streets Hinsdale, Illinois NP -10-10-95 SectionI-ApplicationsSubjecttoNewspaper Notice Only Continued Comment Period Ending Date Type Application Merger Baylake Bank-Kewaunee Kewaunee, Wisconsin Baylake Bank Sturgeon Bay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin intersectionofVoyager Drive & Huron Road Green Bay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin RR 1Box 24 Washington Island, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 12036 Highway 42 EllisonBay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 217 North 4thAvenue Sturgeon Bay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 34 West Maple Street Sturgeon Bay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 636 South Bay Shore Drive SisterBay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 7842 Egg Harbor Road Egg Harbor, Wisconsin NP -11-10-95 SectionI-Applications SubjecttoNewspaper Notice Only Continued Comment Period Ending Date 1ym Application Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 2260 Bay SettlementRoad Green Bay, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 9405 Highway 42 Fish Creek, Wisconsin NP -11-10-95 Branch Baylake Bank-Kewaunee Kewaunee, Wisconsin 9679 Highway 57 Brussels, Wisconsin NP -11-10-95 Y-l CJSB Bancorporation Columbus Junction, Iowa Columbus JunctionStateBank Columbus Junction, Iowa NP - ** Federal Reserve Bank of Chicago SectionII-Applications SubjecttoBoth Newspaper and Federal RegisterNotice Comment Period Ending Date Type Application Y-2 NBD Bancorp, Inc. Detroit, Michigan FirstChicago 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 FirstMidwest 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-l Milton Bancshares, Inc. Milton, Wisconsin Bank ofMilton Milton, Wisconsin* FR -9-28-95 NP -9-29-95 Y-l FSB Corp. Sublette, Illinois Farmers StateBank ofSublette Sublette, Illinois* FR -10-6-95 NP- 10-1-95 Y-2 Dentel Bancorporation Victor, Iowa Corydon Bancorporation Corydon, Iowa Corydon StateBank Corydon, Iowa* PR _** NP -** 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 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 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 NP - 9-22-95 Federal Reserve Bank o f Chicago Section II - Applications Subject to Both Newspaper and Federal Register Notice Continued Comment Period Ending Date lyse Application coc Pinnacle Financial Services, Inc. St. Joseph, Michigan Cyrus A. Ansary FR - 10-2-95 NP - 10-4-95 Y -l Thumb Bancorp, Inc. Pigeon, Michigan Thumb National Bank & Trust Company Pigeon, Michigan* FR - 10-25-95 Rigler Investment Co. New Hampton, Iowa Nancy A. Rigler John P. Rigler Robert P. Rigler FR - 10-16-95 Sable Bancshares, Inc. Chicago, Illinois Community Bank of Lawndale Chicago, Illinois FR - 9-1-95 NP - ** COC Y -l N P - ** N p . ** Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only 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 Comment Period Ending Date FR - 9-29-95 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Continued lyge 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 o f Chicago Section III - Applications Subject to Federal Register Notice Only Continued Comment Period Ending Date Type Application 4(c)(8) Pinancle Financial Services, Inc. St. Joseph, Michigan Maco Bancorp, Inc. Merrillville, Indiana First Federal Savings Bank o f Indiana Merrillville, Indiana FR - 10-2-95 N P - 10-4-95 4(c)(8) W CN 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., Carroll, Iowa FR - 10-4-95 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., New York, New York and thereby engage in certain securities underwriting and dealing activities. FR - 10-19-95 4(c)(8) PSB Corporation Wellsburg, Iowa PSB Finance, Inc. Wellsburg, Iowa FR - 10-2-95 Federal Reserve Bank of Chicago Section III - Applications Subject to Federal Register Notice Only Continued Comment Period Ending Date Type Application 4(c)(8) Greatbanc, Inc. Aurora, Illinois Local Loan Company Chicago Heights, Illinois FR - 10-10-95 4(c)(8) Whitney Corporation of Iowa Atlantic, Iowa to continue to purchase loan participations FR - 10-10-95 4(c)(8) Amcore Financial, Inc. Rockford, Illinois Amcore Consumer Finance Company, Inc. Rockford, Illinois FR - 10-17-95 Federal Reserve Bank of Chicago Section IV - Applications Not Subject to Federal Register or Newspaper Notice Type Application ROS Rigler Investment Co. New Hampton, Iowa to redeem 4,500 shares of Stock N - Newspaper FR - Federal Register * - Subject to Provisions of Community Reinvestment Act ** - Not available at this time A V A I L A B I L I T Y OF C R A P U B L I C E V A L U A T I O N S The f o l l o w i n g state m e m b e r b a n k s have b e e n e x a m i n e d b y the Fe d e r a l Reserve Bank of Chicago for compliance w i t h the CRA. The 3 0-d a y b u s i n e s s d a y p e r i o d the bank has to make the e v a l u a t i o n p u b l i c has l a p s e d d u r i n g the w e e k ending S e p t e m b e r 29, 1995. If y o u are i n t e r e s t e d in o b t a i n i n g a c o p y of the e v a l u a t i o n document, p l e a s e co n t a c t the bank(s) directly. I d e n t i f i c a t i o n of R a t i n g s O-An institution in this group has an o u t s t a n d i n g r e c o r d of, and is a leader in, a s c e r t a i n i n g a n d h e l p i n g to meet the credit nee d s of its entire delineated community, including low- and m o d e r a t e - i n c o m e neighborhoods, in a m a n n e r c o n s i s t e n t w i t h its r e s o u r c e s a n d capabilities. 3-An institution in this group has a s a t i s f a c t o r y r e c o r d of a s c e r t a i n i n g and h e l p i n g to m e e t the credit needs of its e n tire d e l i n e a t e d community, including low- and moderate-income neighborhoods, in a m a nner c o n s i s t e n t w i t h its resou r c e s and capabilities. N I - A n i n s t i t u t i o n in this g r o u p needs to improve its ov e r a l l r e c o r d of a s c e r t a i n i n g a n d h e l p i n g to meet the credit needs of its e n t i r e d e l i n e a t e d community, i n c l u d i n g low- and m o d e r a t e - i n c o m e neighborhoods, in a ma n n e r c o n s istent w i t h its r e s o u r c e s and capabilities. SN-An i n s t i t u t i o n in this g r o u p has a s u b s t a n t i a l l y d e f i c i e n t record of a s c e r t a i n i n g a n d h e l p i n g to meet the credit nee d s of its entire d e l i n e a t e d community, i n c l u d i n g low- and m o d e r a t e - i n c o m e neighborhoods, in a ma n n e r c o n s istent w i t h its r e s o u r c e s and capabilities. BANK NAME/LOCATION E X A M I N A T I O N DATE RATI N G S -Farmers State B a n k of Breckenridge 316 East S a g i n a w Street Breckenridge, M i c h i g a n 48615 (517) 842-3191 5/08/95 S -Clear Lake B a n k & Trust 322 M a i n A v e n u e P .O . B o x 8 Clear Lake, Iowa 50428 (515) 3 57-7121 6/19/95 S -Bank of O a k f i e l d 103 M a i n Street Oakfield, W i s c o n s i n (414) 583-3191 6/26/95 S 53065 Federal Reserve Bank of St. Louis FOR THE WEEK ENDING SEPTEMBER 29, 1995 SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE Application End of Comment Period None. A p p Iication SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE End of Comment Period None. SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period None. SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE Application End of Comment Period Section 9 membership application by Peoples Bank and Trust Company of Lincoln County, Troy, Missouri. *This application is subject to CRA. N/A 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 A n institution in this g r o u p h a s a n outstanding record of, a n d is a leader in, ascertaining a n d helping to m e e t the credit n e e d s of its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e neighborhoods, in a m a n n e r consistent with its resources a n d capabilities. Satisfactory record o f meeting community credit needs A n institution in this g r o u p h a s a satisfactory record of ascertaining a n d helping to m e e t the credit n e e d s of its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e neighborhoods, in a m a n n e r consistent with its resources a n d capabilities. Needs to improve record o f meeting community credit needs A n institution in this g r o u p n e e d s to im p r o v e its overall record of ascertaining a n d helping to m e e t the credit n e e d s of its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e neighborhoods, in a m a n n e r consistent with its resources a n d capabilities. Substantial noncompliance in meeting community credit needs A n institution in this g r o u p h a s a substantially deficient record of ascertaining a n d helping to m e e t the credit n e e d s of its entire delineated c o m m u n i t y , including l o w - a n d m o d e r a t e - i n c o m e neighborhoods, in a m a n n e r consistent with its resources a n d capabilities. FOR THE WEEK ENDING Name of Bank None September 29, 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 NONE. FEDERAL RESERVE BANK OF MINNEAPOLIS Section II - Applications Subject to Both Newspaper and Federal Register Notice Comment Period Ending Date Application FW Financial, Inc., Huron, South Dakota, to acquire 85.97% of the voting shares of First Western Bancorp, Inc., Huron, South Dakota* October 27, 1995 (Federal Register) JDOB, Inc., Sandstone, Minnesota, to acquire 80% of the voting shares of Prairie National Bank of Belle Plaine, Belle Plaine, Minnesota, a de novo bank* October 27, 1995 (Federal Register) Mountain West Financial, Inc., Helena, Montana, to acquire 100% of the voting shares of Bank of Great Falls, N.A., Great Falls, Montana, a de novo bank* October 30, 1995 (Federal Register) Rocky Mountain Bancorporation, Inc., Billings, Montana, to acquire 100% of the voting shares of N.E. Montana Bancshares, Inc., Plentywood, Montana* October 26, 1995 (Newspaper) ★Subject to CRA FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only Comment Period Ending Date Application FW Financial, Inc., Huron, South Dakota, to acquire First Western Bancorp, Inc., and thereby indirectly engage in insurance agency activities pursuant to section 225.25(b)(8)(iv) of Regulation Y FEDERAL RESERVE BANK OF MINNEAPOLIS Section IV - Applications Not Subject to Federal Register Notice or Newspaper Noti Application NONE. October 27, 1995 (Federal Register) FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending September 29, 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 The Citizens State Bank of Ontonagon 501 River Street Ontonagon, MI 49953 (906) 884-4165 June 27, 1995 Satisfactory FEDERAL RESERVE BANK OF MINNEAPOLIS Section V - Availability of CRA Public Evaluations week ending September 29, 1995 Continued BANK(S) EXAMINED DATE OF EXAMINATION CRA RATING Grand Marais State Bank June 19’, 1995 PO Box 100 Grand Marais, MN 55604-0100 (218) 387-2441 Satisfactory Liberty State Bank PO Box 64075 St. Paul, MN 55164-0075 (612) 646-8681 October 17, 1994 Satisfactory Commercial Trust & Savings Bank 210 North Lawler PO Box 1366 Mitchell, SD 57301-1366 (605) 996-7755 June 19, 1995 Outstanding The Northwestern Bank 20 East Central Street PO Box 49 Chippewa Falls, WI 54729 (715) 723-4461 June 26, 1995 Satisfactory Federal Reserve Bank o f Kansas City SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY APPLICATION Prem ier Bank, Lenexa, Kansas, for prior approval to invest an additional $25,000 in bank premises. COMMENT PERIOD ENDING DATF. Not Available SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE APPLICATION COMMENT PERIOD ENDING DATF. Steven Bangert, Denver, Colorado, for prior approval to acquire an additional 1.72 percent, for a total of 26.36 percent, and Howard Ross, Chicago, Illinois, to acquire an additional 1.73 percent, for a total of 25.62 percent, of the voting shares of Equitable Bankshares of Colorado, Inc., Denver, Colorado. October 13, 1995 Coronado, Inc., Sterling, Kansas, for prior approval to acquire 100 percent of the voting shares of Lyons Bankshares, Inc., Lyons, Kansas.* October 26, 1995 R. Banking Limited Partnership, Oklahoma City, Oklahoma, for prior approval to acquire additional shares o f its subsidiary BancFirst Corporation, Oklahoma City, Oklahoma, and BancFirst Corporation, Oklahoma City, Oklahoma, for prior approval to merge with Johnston County Bancshares, Inc., Tishomingo, Oklahoma.* October 27, 1995 UMB Financial Corporation, Kansas City, Missouri, for prior approval to acquire 100 percent of the voting shares o f First Sooner Bancshares, Inc., Oklahoma City, Oklahoma.* October 27, 1995 Dickinson Financial Corporation, Kansas City, M issouri, for prior approval to acquire an additional 3.71 percent, for a total of 7.64 percent of the voting shares o f UMB Financial Corporation, Kansas City, M issouri.* Not Available Federal Reserve Bank o f Kansas City SECTION TTT - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY APPLICATION COMMENT PERIOD ENDING DATE First National of Nebraska, Inc., Omaha, Nebraska, for prior approval to engage de novo in certain data processing activities through First Technology Solutions, Inc., Omaha, Nebraska. Not Available SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE APPLICATION First Broken Arrow Corporation, Broken Arrow, Oklahoma, for prior approval to redeem 50,000 shares of its own voting common stock. SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS Identification of Ratings In connection with the assessment of each insured depository institution's CRA perform ance, a rating is assigned from the following groups: Outstanding record of meeting community credit needs An institution in this group has an outstanding record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Satisfactory record of meeting community credit needs An institution in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities. Needs to improve record of meeting community credit needs An institution in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderateincome neighborhoods, in a manner consistent with its resources and capabilities. Federal Reserve Bank o f Kansas City 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 Citizens Bank & Trust Co. P.O . Box 760 Torrington, Wyoming 82240-2709 06/26/95 09/27/95 *Application is subject to CRA. CRA Rating Satisfactory FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF SEPTEMBER 25, 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)(3) application by Overton Financial Corporation, Overton, TX, to acquire additional shares of Longview Financial Corporation, Longview, TX (Previously reported during the week of 9-11-95) ♦Section 3(a)(3) application by Overton Delaware Corporation, Dover, DE, to acquire additional shares of Longview Financial Corporation, Longview, TX (Previously reported during the week of 9-11-95) ♦Section 3(a)(1) application by Hillister Enterprises II, Inc., Beaumont, TX, to acquire Umphrey II Family Limited Partnership, Beaumont, TX, Southeast Texas Bancshares, Inc., Beaumont, TX, and Community Bank, Beaumont, TX (Previously reported during the week of 9-18-95) ♦Section 3(a)(1) application by Umphrey II Family Limited Partnership, Beaumont, TX, to acquire Southeast Texas Bancshares, Inc., Beaumont, TX, and Community Bank, Beaumont, TX (Previously reported during the week of 9-18-95) 95/10/07 95/10/07 95/10/30 95/10/30 SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE NOTICE ONLY APPLICATION NOTICE EXP Section 4(c)(8) de novo notification by Bridgeport Financial Corporation, Bridgeport, TX, to engage in providing portfolio investment advice and securities brokerage services through First National Bridgeport Securities Corporation, Bridgeport, TX 95/10/18 Section 4(c)(8) de novo notification by Bridgeport Bancshares, Inc., Dover, DE, to engage in providing portfolio investment advice and securities services through First National Bridgeport Securities Corporation, Bridgeport, TX 95/10/18 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 25. 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 Texas Heritage Bank 500 W. -Hwy 79 P.0. Box 249 Hutto, TX 78634-0249 Date of Examination 95/06/19 CRA Ratinq Sati sfactory FEDERAL RESERVE BANK OF SAN FRANCISCO Week ending 9/29/95 Section I - Applications Subject to Newspaper Notice Only Application Comment Period Ending Date Bank of America Nevada, Las Vegas, Nevada, to establish a remote automated teller machine in the Gold River Casino, 2700 S. Casino Drive, Laugh!in, Nevada. * Newspaper: 10/19/95 Section II - Applications Sub.iect to Both Newspaper and Federal Register Notice U.S. Bancorp, Portland, Oregon, to acquire and merge with West One Bancorp, Boise, Idaho, * Newspaper: Not available Fed. Req.: 10/20/95 U.S. Bancorp, Portland, Oregon, to acquire an option to purchase 19.9 percent of West One Bancorp, Boise, Idaho. * Newspaper: Not available Fed. Req.: 10/20/95 West One Bancorp, Boise, Idaho, to acquire an option to purchase 19.9 percent of U.S. Bancorp Portland, Oregon. * Newspaper: Not available Fed. Req.: 10/20/95 BankWest Nevada Corporation, Las Vegas, Nevada, to become a bank holding company by acquiring BankWest of Nevada, Las Vegas, Nevada. * Newspaper: Not available Fed. Req.: 10/27/95 Neighborhood Bancorp, San Diego, California, to become a bank holding company by acquiring Neighborhood Development Bank, N.A. (in organization), San Diego, California. * Newspaper: Not available Fed. Req.: 10/20/95 Sacramento Commercial Bancorp, Sacramento, California, to become a bank holding company by acquiring Sacramento Commercial Bank, Sacramento, California. * Newspaper: 10/15/95 Fed. Req.: 10/20/95 Robert L. Oltman, Pasadena, California, to retroactively acquire 11.01 percent of Marathon Bancorp, Los Angeles, California. * Newspaper: Not available Fed. Req.: 10/20/95 Section III -Applications Sub.iect to Federal Register Only None * Subject to CRA. FEDERAL RESERVE BANK OF SAN FRANCISCO ( c o n t ’ d . ) Week ending 9/29/95 Section IV - Applications Not Sub.iect to Federal Register Notice or Newspaper Notice None Section V - Availability of CRA Public Evaluations The CRA public evaluations of the institution(s) below became available during the week ending September 29, 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 following four ratings: is assigned one of the 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.
@FedFRASER