H.2 Actions of the Board, its Staff, and the Federal ... · Atlanta purchase of the assets and assumption of the liabilities of thirteen branches of Union Federal Bank, FSB, Brea,

ANNOUNCEMENTANNOUNCEMENTBOARD OF GOVERNORS

OF THE

H.2, 1995, No. 23Actions of the Board, its Staff, and

the Federal Reserve Banks; Applications and Reports Received

FEDERAL RESERVE SYSTEM During the Week Ending June 10, 1995ACTIONS TAKEN BY THE BOARO OF GOVERNORS

TESTIMONY AND STATEMENTS

BANK HOLDING COMPANIES

Expansion of permissible affiliations between banks and other financial services providers -- statement by Chairman Greenspan before the Subcommittee on Telecommunications and Finance and the Subcommittee on Commerce, Trade, and Hazardous Materials of the House Committee on Commerce, June 6, 1995.

Published, June 6, 1995.

ENFORCEMENT

National City Corporation, Cleveland, Ohio --to acquire United Bancorp of Kentucky, Inc.,Lex ington, Kentucky.

Approved, June 5, 1995.

Cedar Vale Bank Holding Company, Cedar Vale, Kansas, and W. C. Long, Jr., the sole shareholder of Cedar Vale -- administrative hearing to commence on June 12, 1995, in Wichita, Kansas, concerning combined notice of charges and of hearing and of assessment of civil money penalties.

Announced, June 3, 1995.

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

ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer andCommunity Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve Bank Operations; IF * International Finance; QSDM - Office of Staff Directorfor Manageaent BANK BRANCHES. DOMESTIC

Secretary Apple Creek Banking Company, Apple Creek, Ohio --to establish a branch at 2400 South Locust Street, Canal Fulton, Ohio.

Approved, June 9, 1995.New York Bank of Avoca, Avoca, New York --to establish a

branch at 28.1/2 Maple Avenue, Cohocton, New York. Approved, June 8, 1995.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2JUNE 5, 1995 TO JUNE 9, 1995PAGE 2

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKSUNDER DELEGATED AUTHORITY

BANK BRANCHES. DOMESTICAtlanta Bank of Nashville, Nashville, Tennessee -- to

establish an automated teller machine at 2425 Music Valley Drive.


New York Chemical Bank, New York, New York -- to establish a branch at Queens College of the City University of New York, 65-30 Kissena Boulevard, Flushing, New York.


Cleveland Citizens Commercial Bank & Trust Company, Celina, Ohio -- to establish a branch at 1951 Haverman Road.


St. Louis Citizens-Jackson County Bank, Warrensburg, Missouri - - to establish a branch at 223 East Market Street.


Chicago Comercia Bank-111inois, Franklin Park, Illinois -- to establish a branch at 4929 Lawrence Avenue,Chicago, Illinois.


Chicago Comerica Bank, Detroit, Michigan -- to establish an offsite electronic facility at the Detroit Police Department, 11th Precinct, 511 East Nevada; the Kroger Store, Westborn Mall, 43001 Michigan Avenue, Dearborn; and the Detroit Police Department, 12th Precinct, 1441 West 7 Mile Road, Detroit, Michigan.


Cleveland Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 764 Compton Road.


Atlanta First Northwest Florida Bank, Fort Walton Beach, Florida -- to establish a branch at 1001 N.W. Mar Walt Drive.

Approved, June 5, 1995


H. 2JUNE 5, 1995 TO JUNE 9, 1995PAGE 3


BANK BRANCHES. DOMESTICCleveland PremierBank Sk Trust, Elyria, Ohio --to establish a

branch at the intersection of Wedgewood Boulevard and Powell Road, Liberty Township, Ohio.


Dallas United Bank St Trust, Abilene, Texas --to establish a branch at the corner of Highway 39 and Williams, Buffalo Gap, Texas.


BANK HOLDING COMPANIESChicago Anita Bancorporation, Newton, Iowa --to acquire

Griswold Bancshares, Inc., Griswold, Iowa, and Griswold State Bank.


San Francisco California Bancshares, Inc., Sam Ramon, California -- to acquire First Community Bancshares, Inc., Castro Valley, California, and Centennial Bank.


St. Louis Central Bancompany, Inc., Jefferson City, Missouri -- to acquire Jeffries Insurance Agency, Inc.,Buckner, Missouri, and First State Bank.


Dallas Citizens Delaware Corporation, Dover, Delaware -- to acquire Citizens Bank, Slaton, Texas.


St. Louis Community Financial Corp., Olney, Illinois -- to become a bank holding company as a result of the conversion of Community Bank 8t Trust, F.’S.B., to a Federally chartered commercial bank, Community Bank St Trust, N.A.


Kansas City C.S.B. Company, Cozad, Nebraska -- to engage de novo in savings association activities through Cozad Interim Savings Bank, Lexington, Nebraska.

Permitted, June 8, 1995.




BANK HOLDING COMPANIESNew York Deutsche Bank AG, Frankfurt, Federal Republic of

Germany --to engage de novo in futures contracts and options on futures contracts on the Chicago Board of Trade, Chicago Mercantile Exchange, American Stock Exchange, The Chicago Board Options Exchange, and the Philadelphia Stock Exchange; and provide related data processing services.


Atlanta Farmers & Merchants Bank Employee Stock Ownership Plan, Forest, Mississippi -- to acquire Community Bancshares of Mississippi, Inc.


Atlanta Farmers & Merchants Bank Employee Stock Ownership Plan, Forest, Mississippi -- to acquire Bankers Capital Corporation, and engage in lending activities.


Dallas Greater Brazos Valley Bancorp, Inc., College Station Texas -- to acquire Greater Brazos Valley Delaware Bancorp, Dover, Delaware, and Commerce National Bank, College Station, Texas.


Dallas Greater Brazos Valley Delaware Bancorp, Inc., Dover, Delaware --to acquire Commerce National Bank, College Station, Texas.


Chicago Lakeland Financial Corp., Warsaw, Indiana -- request for waiver of application to acquire Gateway Bank, Indiana, LaGrange, Indiana.


St. Louis Mercantile Bancorporation Inc., St. Louis, Missouri - to acquire Southwest Bancshares, Inc., Bolivar, Missouri, and Southwest Bank, and to engage in general insurance activities.



H. 2JUNE 5, 1995 TO JUNE 9, 1995PAGE 5


BANK HOLDING COMPANIESNew York National Westminster Bank Pic, London, England -- to

engage de novo in futures and options on futures on nonfinaneial commodities through NatWest Futures Inc., Chicago, Illinois.


Mirineapol is Norwest Corporation, Minneapolis, Minnesota -- to acquire Valley-Hi Investment Company, San Antonio, Texas.


Secretary SouthTrust of Georgia, Inc., Atlanta, Georgia -- to merge with Southern Bank Group, Inc., Roswell, Georgia, and acquire Northside Bank & Trust Company.


New York UJB Financial Corp., Princeton, New Jersey -- to acquire Bancorp New Jersey, Inc., Somerville; and New Jersey Savings Bank.


Secretary Wachovia Corporation, Winston-Salem, North Carolina - - to engage de novo in leasing and lending activities through Wachovia Capital Markets, Inc.


BANK MERGERSSt. Louis Citizens-Jackson County Bank, Warrensburg, Missouri -

- to purchase the assets and assume the liabilities of the branch of Mercantile Bank of West Central Missouri, Sedalia, Missouri, at 223 East Market, Warrensburg, Missouri, and to establish a branch in that location.


New York United Jersey Bank, Hackensack, New Jersey -- tomerge with New Jersey Savings Bank, Somerville, New Jersey.



H 2JUNE 5, 1995 TO JUNE 9, 1995PAGE 6


CAPITAL STOCKKansas City

Kansas City

CHANGE IN BANK CONTROLKansas City

San Francisco

San Francisco

American Banc Corporation, Inc., Fremont, Nebraska redemption of shares.

Approved, June 7, 1995.Stratton Bancshares, Inc., Stratton, Colorado -- redempt ion o f share s.


American Banc Corporation, Inc., Fremont, Nebraska change in bank control.

Permitted, June 7, 1995.Bancomer Holding Company, Los Angeles, California - change in bank control.

Returned, June 5, 1995.BWC Financial Corp., Walnut Creek, California --

change in bank control.Permitted, June 5, 1995.

San Francisco Professional Bancorp, Inc., Santa Monica, California -- change in bank control.

Permitted, June 8, 1995.Kansas City Stratton Bancshares, Inc., Stratton, Colorado --

change in bank control.Permitted, June 9, 1995.

COMPETITIVE FACTORS REPORTSKansas City Bank IV Kansas, N.A., Wichita, Kansas, proposed

merger with Bank IV Missouri, N.A., Independence, Missouri -- report on competitive factors.

Submitted, June 8, 1995.San Francisco Barnes Interim Bank, Kaysville, Utah, proposed merger

with Barnes Interim Bank -- report on competitive factors.

Submitted, June 3, 1995.




COMPETITIVE FACTORS REPORTSDallas Cattlemen*s State Bank, Austin, Texas, proposed

merger with Victoria Bank & Trust Company, Victoria, Texas -- report on competitive factors.


Kansas City Citizens Bank of Jackson County, Warrensburg,Missouri, proposed acquisition of the assets and assumption of the liabilities of the Warrensburg, Missouri, branch, of Mercantile Bank of West Central Missouri, Sedalia, Missouri -- report on competitive factors.


Atlanta Commercial Bank of Gwinett, Lawrenceville, Georgia proposed merger with Commercial Bank of Georgia, Atlanta, Georgia -- report on competitive factors


San Francisco Community First National Bank, Pleasanton,

Minneapolis

California, proposed merger with Bank of Livermore, Livermore, California -- report on competitive factors.


Fidelity Interim National Bank, Medford, Wisconsin, proposed merger with Fidelity National Bank -- report on competitive factors.


Kansas City First Country Bank, Urich, Missouri, proposed acquisition of the assets and assumption of the liabilities of the Chillicothe, Missouri, branch of Citizens-Jackson County Bank, Warrensburg, Missouri -- report on competitive factors.


Kansas City First National Bank 8 Trust Co., Leavenworth, Kansas, proposed merger with Fort National Bank, Easton, Kansas -- report on competitive factors.



H . 2JUNE 5, 1995 TO JUNE 9, 1995PAGE 8


COMPETITIVE FACTORS REPORTSMinneapolis First Northern Bank St Trust, Manistique, Michigan,

proposed purchase of the assets and assumption of the liabilities of the Rudyard, Michigan, branch of First of America Bank-Michigan, N.A., Kalamazoo, Michigan -- report on competitive factors.


Minneapolis First Northern Bank and Trust, Manistique, Michigan, proposed merger with Bank of Stephenson, Stephenson, Michigan -- report on competitive factors.


Chicago First Savings and Loan Association of South Holland, South Holland, Illinois, proposed merger with First Interim Savings and Loan Association of South Holland -- report on competitive factors.


Cleveland First State Bank & Trust Company of Manchester, Kentucky, Manchester, Kentucky, The London Bank St

Trust Co., London; Bank of Danville St Trust Company, Danville; The First National Bank St Trust Company, Nicholasville; Richmond Bank St Trust Company, Richmond; First National Bank St Trust Company of Woodford County, Versailles; American Fidelity Bank St Trust Company, Corbin; and American Fidelity Bank, FSB, Harlan, Kentucky, proposed merger with National City Bank, Kentucky, Louisville, Kentucky -- report on competitive factors.


San Francisco Glendale Bank, FSB, Glendale, California, proposed

Atlanta

purchase of the assets and assumption of the liabilities of thirteen branches of Union Federal Bank, FSB, Brea, California -- report on competitive factors.


Home Federal Savings Bank, Rome, Georgia, proposed merger with First Union National Bank of Georgia, Atlanta, Georgia -- report on competitive factors.





COMPETITIVE FACTORS REPORTSSan Francisco Humboldt Bank, Eureka, California, proposed merger

with Humboldt Merger Company -- report on compet it ive factors.


Cleveland Huntington National Bank, Inc., Columbus, Ohio,proposed merger with The Huntington National Bank, Inc., Covington, Kentucky -- report on competitive factors.


Cleveland National City Corporation, Cleveland, Ohio, proposedacquisition of the assets and assumption of the liabilities of American Fidelity Bank, FSB, Harlan, Kentucky -- report on competitive factors.


Kansas City Norwest Bank Colorado, Denver, Colorado, proposedmerger with Goldenbank, N.A., Golden; Goldenbank, N.A., Englewood; and Goldenbank, Applewood, Colorado -- report on competitive factors.


Cleveland Star Bank, National Association, Cincinnati, Ohio,proposed merger with Star Bank, National Association, Indiana, Richmond, Indiana -- report on competitive factors.


Cleveland Star Bank, National Association, Cincinnati, Ohio,proposed merger with Star Bank, National Association, Kentucky, Covington, Kentucky -- report on competitive factors.


San Francisco Washington Mutual Bank, Seattle, Washington, proposed purchase of the assets and assumption of the liabilities of the Medford, Oregon, branch of Washington Mutual, A Federal Savings Bank -- report on competitive factors.





EXTENSIONS OF TINESan Francisco BankAmerica Corporation, San Francisco, California --

extensions to divest certain properties.Granted, June 7, 1995.

San Francisco BankAmerica Corporation, San Francisco, California -- extension to divest certain property.

Granted, June 8, 1995.

Atlanta Barnett Banks, Inc., Jacksonville, Florida --extension to September 23, 1995, to engage de novo in acting as agent in the private placement of securities through Barnett Securities, Inc.


Director, BS&R FBOP Corporation, Oak Park, Illinois -- extension for Regency Savings Bank, F.S.B. Naperville, Illinois to dispose of certain property.


Chicago First Bank South, Dixon, Illinois, and First Bank North, Freeport, Illinois -- extension to September 5, 1995, to become a limited partner in a community development project for low / moderate income housing.


Minneapolis Flint Creek Holding Company, Philipsburg, Montana, extension to August 8, 1995, to acquire Flint Creek Valley Bank.


San Francisco Merchants Holding Company, Sacramento, California -- extension to September 10, 1995, to acquire Merchants National Bank of Sacramento.


St. Louis National City Bancshares, Inc, Evansville, Indiana -- extension to August 13, 1995, to acquire White County Bank, Carmi, Illinois.


Atlanta Rome Bancshares, Inc., Rome, Georgia -- extension to September 23, 1995, to acquire Greater Rome Bank.





MEMBERSHIPChicago

Chicago

Chicago

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

Returned, June 9, 1995.

M&I Bank of Menomonee Falls, Menomonee Falls, Wisconsin --to become a member of the Federal Reserve System.


M&I Bank of Racine, Racine, Wisconsin -- to become a member of the Federal Reserve System.


San Francisco Santa Barbara Bank & Trust, Santa Barbara, California --to become a member of the Federal Reserve System.


St. Louis U.S. National Bank of Clinton, St. Louis, Missouri --to become a member of the Federal Reserve System.


RESERVE BANK SERVICESDirector, FRBO Federal Reserve Bank of Chicago --to change the

consolidated send deadline at the Chicago office for checks drawn on San Francisco City and High Dollar Group Sort endpoints and to modify the availability for checks drawn on these endpoints that are deposited at the 12:01 a.m. Other Fed deadline.


Director, FRBO Federal Reserve Bank of Kansas City --to implement image-enhanced electronic check services at all Tenth District offices.




ADDITIONS AND CORRECTIONS

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIESFirst Union Corporation, Charlotte, North Carolina -- to expand the activities of its section 20 subsidiary, First Union Capital Markets Corporation to include underwriting and dealing in debt and equity securities, and providing advice on swaps and swap derivative products.

Permitted, May 30, 1995.

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

BANK HOLDING COMPANIESMinneapolis

CHANGE IN BANK CONTROL

Norwest Corporation, Minneapolis, Minnesota -- to engage de novo in residential mortgage lending activities through Cornerstone Mortgage, Ho Ho Kus, New Jersey.


Atlanta Teche Bancshares, Inc., St. Martinville, Louisiana -- change in bank control.

Permitted, May 31, 1995.

COMPETITIVE FACTORS REPORTSDallas

EXTENSIONS OF TIME

New Plano Bank, Plano, Texas, proposed merger with Plano Bank & Trust -- report on competitive factors.


Chicago Foxdale Bancorp, Inc., South Elgin, Illinois --extension to September 6, 1995, to acquire Foxdale Bank.




ADDITIONS AND CORRECTIONS

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

EXTENSIONS OF TIMEChicago Foxdale Bank, South Elgin, Illinois -- extension to

September 6, 1995, to become a member of the Federal Reserve System.


Secretary Ogden Bancshares, Inc., Ogden, Iowa -- extension to June 6, 1995, to submit a request for reconsideration of the Board’s approval of the application to acquire City State Bank.


New York Union Bank of Switzerland, Zurich, Switzerland -- extension to August 13, 1995, to acquire certain assets of Timberland Resources, Inc., West Lebanon, New Hampshire, and engage in providing investment advisory services.


MEMBERSHIPMinneapolis M&I Bank of Eagle River, Eagle River, Wisconsin -- to

become a member of the Federal Reserve System. Approved, June 2, 1995.


FEDERAL RESERVE BANK OF BOSTON APPLICATIONSSECTION I - APPLICATIONS SUBJECT TO

NEWSPAPER NOTICE ONLYApplication Comment Period Ending Date

NONE

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE

Application Comment Period Ending Date

NONE

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY


NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER OR NEWSPAPER NOTICE

Application

NONE

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS

Institution Examination Date Rating* **

NONE

*Subject to CRA.**Rating Definitions: "O" - Outstanding; "S" - Satisfactory; "N"- Needs to Improve; "SN" - Substantial Noncompliance.


Federal Reserve Bank of New YorkComment Period

Ending Date

Applications Subject to Newspaper ___________ Notice Only___________

SECTION I

None.SECTION II

Applications Subject to Both Newspaper and Federal Register Notice

Bank of New York Company, Inc., New York, New York to acquire all of the voting shares of The Putnam Trust Company,Greenwich, Connecticut. 1/ 7/3/95 2JHSBC Holdings pic, London, United Kingdom, HSBC Holdings BV, Amsterdam, Netherlands, Marine Midland Bank, Inc., Buffalo,New York (together "Notificants"), to acquire United Northern Federal Savings Bank, Watertown, New York ("Savings Bank"), and its parent holding company, United Northern Bancorp,Inc., Watertown, New York, and Notificants' bank subsidiary,Marine Midland Bank, Buffalo, New York ("MMB") to merge withSavings Bank, under the charter and title of MMB, and toestablish branches. 1/ 7/6/95 3/

SECTION IIINonbanking Applications

(subject to Federal Register Notice Only)None.

SECTION IVApplications Not Involving ______Public Comment______

None.

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


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

Week Ending June 10, 1995NAME OF BANK RATING EXAMINATION DATENone.

1/ Subject to provisions of Community Reinvestment Act.2./ Later of dates specified in newspaper and Federal Register notices. 3/ Date specified in newspaper notice; a later date may be specified in

the Federal Register notice.4/ Date specified in Federal Register notice; a later date may be

specified in the newspaper notice.N/A - Not Availables


FEDERAL RESERVE BANK OF PHILADELPHIA

Section I - APPLICATIONS RECEIVED AND SUBJECT TO NEWSPAPER NOTICE ONLYMeridian Bank, Reading, Pennsylvania to establish a branch office at Logan Square East, Two Franklin Town Boulevard, Philadelphia, Pennsylvania, pursuant to Section 9 of the Federal Reserve Act, (Expedited branch procedures).

Newspaper comment period expires: 06/26/95The Bryn Mawr Trust Company, Bryn Mawr, Pennsylvania to establish a remote service facility at One Tower Bridge, 100 Front Street, West Conshohocken Borough, Montgomery County, Pennsylvania, pursuant to Section 9 of the Federal Reserve Act. (Expedited branch procedures).

Newspaper comment period expires: 06/30/95Bank of Mid-Jersey, Bordentown, New Jersey to establish in-store branch offices in the ShopRite Supermarkets located at 1225 Route 33, Hamilton Square, New Jersey and 2555 Pennington Road, Pennington, New Jersey, pursuant to Section 9 of the Federal Reserve Act. (Expedited branch procedures).

Newspaper comment period expires: 06/30/95SECTION II - APPLICATIONS RECEIVED AND SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER

NOTICEContinental Bancorporation, Laurel Springs, NJ, is the subject of a Change in Bank Control Notice filed by Jeffrey Howard Steinberg, Marlton, NJ. A proposed stock repurchase plan by Continental will cause Mr. Steinberg's stock ownership to exceed 10% (but remain less than a 25%).

Federal Register comment period expires: 06/14/95Newspaper comment period expires: N/Avail

Drovers Bancshares Corporation, York, PA, is the subject of a Change in Bank Control Notice filed by Stewart Associates, York, PA (General Partners: Robert H. Stewart, Jr., Karylee Gilbert, Terrence S. Stewart, and Gary A. Stewart), to acquire approximately 15% of the bank holding company.

Federal Register comment period expires: 06/21/95Newspaper comment period expires: N/Avail

SECTION III - APPLICATIONS RECEIVED AND SUBJECT TO FEDERAL REGISTER NOTICE ONLYNONE

SECTION IV - APPLICATIONS RECEIVED AND NOT SUBJECT TO FEDERAL REGISTER NOTICE ORNEWSPAPER NOTICE

NONE


FEDERAL RESERVE BANK OF PHILADELPHIA


The following institutions were examined for CRA. The 30-business day period the bankhas to make the evaluation public has lapsed during the week ending June 9, 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 RatingNone None None


Fe d e r a l R e s e rv e B a n k of C l e v e l a n d

P. 0. BOX 6387CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN (For the week ending June 10,1995)

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Received OAKAR application from Fifth Third Bancorp, * Not Yet Known #Cincinnati, Ohio, on May 12, 1995, to acquire Bank of Naples, Naples, Florida.

Received Section 18(c) application from Fifth Third Bank, * Not Yet Known #Cincinnati, Ohio, on June 12, 1995, to acquire 12 Dayton,Ohio, area branches of PNC Bank, Ohio, N.A., Cicninnati,Ohio, and, incident thereto, establish branch facilities.

Received prior notification from The Provident Bank, * June 27, 1995Cincinnati, Ohio, on June 15, 1995, to establish a CBCT facility at the Drake Center, 151 West Galbraith Road,Cincinnati, Ohio.


Received Section 3(a)(3) application from KeyCorp, *N: July 12, 1995Cleveland, Ohio, to acquire Key Bank, USA, National Association, Cleveland, Ohio.


Received notice from KeyCorp, Cleveland, Ohio, July 5, 1995on June 13, 1995, of its intent to acquire AutoFinance Group, Inc., Westmont, Illinois, pursuant to Section 4(c)(8) of the Bank Holding Company Act.

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


Fe d e r a l R ese rv e B a n k of C l e v e l a n d

P. 0. BOX 6387CLEVELAND, OHIO 44101-1387

APPLICATIONS BULLETIN (For the week ending June 10,1995)

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICEOR NEWSPAPER NOTICE

NONE

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


AVAILABILITY OF CRA PUBLIC EVALUATIONS(June 10,1995)

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 June 9, 1995. If you are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly.

There are four descriptive ratings for CRA:

OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- and 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 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


Benchmark Community Bank, Kenbridge,Virginia, to establish a branch at 1500-1508 West Virginia Avenue, Crewe,Virginia.* 7-1-95

First Virginia Bank-Colonial, Richmond,Virginia, to acquire the four Richmond,Virginia, branches of Citizens Federal Bank, a Federal Savings Bank, Miami,Florida.* 7-7-95

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


Notice of Change in Control filed by Robert F. Long with respect to United Financial Banking Companies, Inc.,Vienna, Virginia.* 7-2-95

Section III - Applications Subject to Federal Register Notice


First Mariner Bancorp, Towson, Maryland, to engage de novo through its subsidiary,First Mariner Mortgage Corporation, in originating, funding, brokering, servicing,selling and otherwise dealing in mortgages. 6-14-95**

Section IV - Application Not Subject to Federal Register Notice or Newspaper Notice

The First Bank of Stuart, Stuart, Virginia (proposed successor to The First National Bank of Stuart), for membership in the Federal Reserve System.

'-'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 June 9, 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 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.

ExaminationDate Rating

None.


Federal Reserve Bank of AtlantaApplications Bulletin for Week Ending June 9. 1995

Section 1 - Applications Subject to Newspaper Notice Only


Barnett Bank of Naples 06-29-95*Naples, Florida

To establish a branch located at the northeast corner of U.S. 41 (Tamiami Trail) and Triangle Boulevard, Naples, Florida, to be known as the Freedom Square Office.

First Southern Holding Bancorp Not yet available*Boca Raton, Florida

Notice for 1-BHC formation, First Southern Bank, Boca Raton, Florida.

First Western Bank 06-09-95*Cooper City, FL

To establish a branch located at 2581 North Hiatus Road, Cooper City, Florida, to be known as Embassy Lakes Branch.

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


Brand Banking Company Not yet available*Lawrenceville, Georgia

Change in control notice by Patricia B. Morgan, as trustee and advisor of a trust to be formed pursuant to the terms of the will of Bartow Morgan, III, to acquire 49.60 percent of the outstanding share of Brand Banking Company, Lawrenceville, Georgia.

SunTrust Banks, Inc. Not yet available*Atlanta, Georgia

Along with Sun Banks, Inc., Orlando, Florida, to acquire Key Biscayne Bankcorp, Inc., Key Biscayne, Florida, and thereby indirectly acquire its subsidiary, Key Biscayne Bank & Trust Company, Key Biscayne, Florida, pursuant to Section 3(a)(3) of the Bank Holding Company A c t .

*Subject to provisions of the Community Reinvestment Act.


Federal Reserve Bank of AtlantaApplications Bulletin for Week Ending June 9, 1995

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

Application Comment Period Ending DateUnited Community Banks, Inc. Not yet available*

Blairsville, GeorgiaTo merge with White County Bancshares, Inc., Cleveland, Georgia, and thereby through interim merger, acquire the remaining shares of its subsidiary, White County Bank, Cleveland, Georgia, pursuant to Section 3(a) (5) of the Bank Holding Company Act. Applicant currently owns 51 percent of White County Bank.

Hibernia Corporation 07-07-95*New Orleans, Louisiana Federal Register

To acquire Delta Bank & Trust Company, Belle Chasse, Louisiana, pursuant to Section 3(a) (3) of the Bank Holding Company Act.

Lafourche Bancshares, Inc. Not yet available*Larose, Louisiana

After-the-fact notice by Mr. Clinton J. Theriot to retain 25.6 percent of the outstanding shares of Lafourche Bancshares, Inc., Larose, Louisiana.

Deposit Guaranty Corp. Not yet available*Jackson, Mississippi

To merge with Deposit Guaranty Arkansas Corp., Fort Smith, Arkansas, and thereby directly acquire Merchants National Bank, Fort Smith, Arkansas, pursuant to Section 3(a)(5) of the Bank Holding Company A c t .

Deposit Guaranty Arkansas Corp. Not yet available*Ft. Smith, Arkansas

1-BHC formation, Merchants National Bank, Fort Smith, Arkansas.

*Subject to the provisions of the Community Reinvestment Act.


Section 3 - Applications Subject to Federal Register Only


Commercial Bancgroup, Inc. Not yet availableHarrogate, Tennessee

Through Tennessee Finance Company, Inc., Harrogate, Tennessee, to engage de novo in consumer finance activities, pursuant to Section 4(c) (8) of the Bank Holding Company and Section 225.25(b) (1) (i) of Regulation Y.

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

Application

FirsTrust Corporation (formerly Corte Banc Corporation) New Orleans, Louisiana

Commitment waiver request.

*Subject to the provisions of the Community Reinvestment Act.


Federal Reserve Bank of AtlantaApplications Bulletin for Week Ending June 9. 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: Aninstitution 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: Aninstitution 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: Aninstitution 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: Aninstitution 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.

ExaminationBank Rating Date

Family Bank Satisfactory 02-27-95Post Office Box 10 Hallandale, Florida 33009 (305)458-2211


Federal Reserve Bank of Chicago

TypeBranch

Branch

Branch

Merger/Branch

Branch

Branch

Merger/Branch

Section I - Applications Subject to NewspaperNotice Only

ApplicationTri-County Bank Brown City, Michigan

6714 Beech Street North Branch, Michigan

Liberty Bank Milwaukee, Wisconsin

8605 North Port Washington Road Fox Point, Wisconsin*

Comerica Bank Detroit, Michigan

3410 Rememberance Road, N.W.Walker, Michigan

First Source Bank South Bend, Indiana

1st Source Bank of Starke CountyHamlet, Indiana & establish branches at19 West Davis StreetHamlet, Indiana1904 S. HeatonKnox, Indiana

Fort Madison Bank & Trust Company Fort Madison, Iowa

Hy-Vee Food Store 2606 Avenue L Fort Madison, Iowa

Bank of Lakeview Lakeview, Michigan

10049 Buchanan Road Stanwood, Michigan

M&I Marshall & Ilsley Bank Milwaukee, Wisconsin

M&I South Shore Bank South Milwaukee, Wisconsin 5656 South Packard Avenue Cudahy, Wisconsin 1001 Marquette Avenue South Milwaukee, Wisconsin

Comment Period Ending Date

NP - 6-8-95

NP - 6-9-95

NP - 6-24-95

NP - 6-12-95

NP - 6-17-95

NP - **

NP - **


Section I - Applications Subject to NewspaperNotice Only


TypeMembership

Membership

Membership

Comment PeriodApplication Ending DateHedrick Savings Bank NP - **Hedrick, Iowa

to become a member of tbs Federal Reserve System

Farmers Savings Bank NP - **Kolona, Iowa

to become a member of the Federal Reserve System

West Chester Savings Bank NP - **West Chester, Iowa

to become a member of the Federal Reserve System


Federal Reserve Bank of ChicagoSection II - Applications Subject to Both Newspaper

Register Notice

TypeReg K

Y-2

Y-2

CoC-HC

Y-l

CoC-HC

Y-2

Y-2

ApplicationCaisse Nationale De Credit Agricole Paris, France

to establish a Representative Office in Houston Texas

Milford Bancorporation Milford, Iowa

Ocheyedan Bancorporation Ocheyedan, Iowa Ocheyedan Savings Bank Ocheyedan, Iowa*

Panhandle Aviation, Inc.Clarinda, Iowa

Essex Iowa Bancorporation, Inc.Essex, IowaFirst National Bank of Essex Essex, Iowa*

Delhi Bancshares, Inc.Delhi, Iowa

By Bernard D. CooperFoursquare Cornerstone, Inc.Brookfield, Wisconsin

Cornerstone BankBrookfield, Wisconsin* (in organization)

Huxley Bancorp Huxley, Iowa

By William A. MooreAssociated Banc-Corp.Green Bay, Wisconsin

GN Bancorp, Inc.Chicago, IllinoisGladstone-Norwood Trust and Savings Bank Chicago, Illinois*

Associated Illinois Banc-Corp.Green Bay, Wisconsin

GN Bancorp, Inc.Chicago, IllinoisGladstone-Norwood Trust and Savings Bank Chicago, Illinois*

and Federal


FR - **NP - **

FR - 6-8-95 NP - 5-22-95

FR - 6-8-95 NP - 6-10-95

FR - 6-6-95 NP - 6-15-95

FR - 6-16-95 NP - **

FR - 6-8-95 NP - 6-15-95

FR - 6-29-95 NP - 6-21-95

FR - 6-29-95 NP - 6-21-95



TypeY-l

Y-2

Section II - Applications Subject to Both Newsoaoe:Register Notice

ApplicationCapitol Bankshares, Inc.Madison, Wisconsin

Capitol BankMadison, Wisconsin (in organization)*

Lincoln Bancorp Reinbeck, Iowa

Garwin Bancorporation Garwin, Iowa,Farmers Savings Bank Garwin, Iowa*

and Federal


FR - 7-6-95 NP - 7-6-95

FR - ** NP - **


Section III - Applications Subject to Federal RegisterNotice Only


Type 4(c) (8)

4(c) (8)

4(c) (8)

4 (c) (8)

4(c) (8)

Comment PeriodApplication Ending DateSt. Francis Capital Corporation FR - **Milwaukee, Wisconsin

to engage in the sale of annuities through its subsidiary, S t . Francis Insurance Services Corp., Milwaukee, Wisconsin

First National Company FR - 6-13-95Storm Lake, Iowa

to engage in the business of' abstractingState Banco, Ltd. FR - 6-14-95Spirit Lake, Iowa

to engage directly in making, acquiring, or servicing loans or other extensions of credit for the company’s account or for the account of others

Lincoln Bancorp FR - **Reinbeck, Iowa

Garwin Insurance Garwin, Iowa

Marshall & Ilsley Corporation FR - **Milwaukee, Wisconsin

to acquire substantially all of the Assets of Mutual Services, Inc.Braintree, Massachusetts


Section IV - Applications Not Subject to Federal Register or NewspaperNotice


Type ApplicationRoS Ocheyedan Bancorporation

Ocheyedan, Iowato redeem 225 shares (100%) of its outstanding nonvoting common stock

N - NewspaperFR - Federal Register* - Subject to Provisions of Community Reinvestment Act

** - Not available at this timeAVAILABILITY 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


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 ^ts 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-NONE

June 9, 1995. If you are interested in obtaining a copy,of the evaluationdocument, please contact the bank(s) directly.


Federal Reserve Bank of St. Louis

FOR THE WEEK ENDING JUNE 9, 1995

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

None.


Application End of Comment Period

None.

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE Application End of Comment Period

None.


Application End of Comment Period

Section 9 membership application by U.S. National Bank, Clayton, Missouri (following its conversion to a state chartered bank). N/A

Section 9 membership application by Douglas County Bank, Ava, Missouri. N/A

Section 9 membership application by First State Bank of DeQueen, DeQueen, Arkansas. N/A

♦This application is subject to CRA.


FEDERAL RESERVE BANK OF ST. LOUISSt. Louis, Missouri

AVAILABILITY OF CRA PUBLIC DISCLOSURES

Identification o f Ratings:

Outstanding record o f meeting community credit needs


Satisfactory record o f meeting community credit needs

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

Needs to improve record 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.

FOR THE WEEK ENDING June 9, 1995

Name of Bank Bank Address ExaminationDate

ExaminationRating

None.


FEDERAL RESERVE BANK OF MINNEAPOLISSection I - Applications Subject to

Newspaper Notice Only

ApplicationNONE.

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

ApplicationNorthern Plains Investment, Inc. Jamestown, North Dakota, to increase its indirect control to 40.02% of the voting shares of Stutsman County State Bank, Jamestown, North Dakota*

Davis Bancshares, Inc., McClusky, North Dakota, to acquire at least 74.7% of First National Bank, McClusky, North Dakota*

*Subiect to CRA

FEDERAL RESERVE BANK OF MINNEAPOLIS Section III - Applications Subject to Federal Register Notice Only

Application

Community National Corporation,Grand Forks, North Dakota, to engage de novo in data processing activities, through Document Processing and Imaging Corporation, Grand Forks, North Dakota

AmeriGroup, Incorporated, Minnetonka, Minnesota, to engage de novo in the activity of making and servicing loans

FEDERAL RESERVE BANK OF MINNEAPOLISSection IV - Applications Not Subject to Federal Register Notice or Newspaper Notic

Application



June 23, 1995 (Federal Register)

July 7, 1995 (Federal Register)


June 26, 1995

June 27, 1995

NONE.


FEDERAL RESERVE BANK OF MINNEAPOLISSection V - Availability of CRA Public Evaluations week ending June 9 , 1995

ASSIGNMENT OF RATING


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.


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.


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

American State Bank January 30, 1995 Outstandingof Billings

PO Box 600Billings, MT 59047-0600 (406) 252-6322

American State Bank PO Box 78Grygla, MN 56727-0078 (218) 294-6111

March 7, 1995 Satisfactory


Federal Reserve Bank of Kansas City


APPLICATION COMMENT PERIOD ENDING DATF.

Pioneer Bank of Longmont, Longmont, Colorado, for Not Availableprior approval to establish a branch facility in Berthoud, Colorado.

Deuel County State Bank, Chappell, Nebraska, for Not Availableprior approval to invest an additional $60,000 in bankpremises.


APPLICATION COMMENT PERIOD ENDING DATE

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

Thomas H. and Cynthia A. Olson, both of Lisco, Nebraska, for prior approval to acquire an additional 70.13 percent of the voting shares of Woodstock Land & Cattle Company, Fullerton, Nebraska.

First State Bancorporation, Albuquerque, New Mexico, for prior approval to acquire 100 percent of the voting shares of First Bank of Grants, Grants, New Mexico.*

Lisco State Company, Lisco, Nebraska, for prior approval to acquire 46.24 percent of the voting shares of Woodstock Land & Cattle Company, Fullerton, Nebraska. *

June 23, 1995

June 23, 1995

July 3, 1995

July 3, 1995




APPLICATION COMMENT PERIOD ENDING DATF.

Guaranty Bancshares, Inc., Oklahoma City, June 28, 1995Oklahoma, for prior approval to engage de novothrough its subsidiary First Oklahoma FinanceCompany, Inc., Bethany, Oklahoma, in making andservicing consumer finance loans and the sale ofcredit related life, accident, health andproperty/casual insurance.


APPLICATION

Security Financial Services Corporation, Enid, Not AvailableOklahoma, for prior approval to redeem 46.91 percent of its outstanding common stock.



In connection with the assessment of each insured depository institution’s CRA performance, a rating is assigned from the following groups:

Outstanding record of meeting community credit needs

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

Satisfactory record of meeting community credit needs




Needs to improve record of meeting community credit needs


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 Exam DateCRA Public

DateCRA

Ratine

Castle Rock Bank 501 Wilcox Street Castle Rock, Colorado 80104-1736

02-27-95 06-04-95 Outstanding

Bank of Hartington P.O. Box 77Hartington, Nebraska 68739-0077

03-06-95 06-05-95 Satisfactory

Uinta County State Bank 128 North Birch Street Mountain View, Wyoming 82939

03-04-95 06-09-95 SubstantialNoncompliance

* Application is subject to CRA.


FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN

APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF JUNE 5, 1995


APPLICATION NOTICE EXP

None.


APPLICATION

♦Section 3(a)(1) application by Trenton Bankshares, Inc., Trenton, TX, to acquire First National Bank of Trenton, Trenton, TX (Previously reported during the week of 5-29-95)

♦Section 3(a)(1) application by Southwestern Bancshares, Inc., Glen Rose, TX, to acquire Southwestern Delaware Financial Corporation, Dover, DE, and First National Bank, Glen Rose, TX

♦Section 3(a)(1) application bySouthwestern Delaware Financial Corporation, Dover, DE, to acquire First National Bank, Glen Rose, TX

** NOTICE EXP

95/07/01

N/A

N/A

SECTION H I - APPLICATIONS SUBJECT TO FEDERAL REGISTERNOTICE ONLY

APPLICATION NOTICE EXP

None.


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 JUNE 5. 1995

Outstanding record of meeting community credit needs.


Satisfactory record of meeting community credit needs.


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.

BankDate of

Examination CRA Rating

None.


FEDERAL RESERVE BANK OF SAN FRANCISCO

Week ending 6/09/95

Section I - Applications Subject to Newspaper Notice Only

Ad dIication Comment Period Ending Date

Refiled: Bank of America Nevada, Las Vegas, Newspaper: 4/21/95Nevada, to establish branches at 6000 W. Cheyenne,Las Vegas, Nevada; 1061 West Owens Avenue, Las Vegas, Nevada; 3701 S. Carson Street, Carson City,Nevada, and 1075 North Hills Boulevard, Reno,Nevada. *

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

Neighborhood Bancorp, San Diego, California, Newspaper: Not availableto become a bank holding company by acquiringNeighborhood Development Bank, National Fed. Rea.: 7/10/95Association (In Organization),'San Diego,California. *

Section III -Applications Subject to Federal Register Only

None

Section IV - Applications Not Subject to Federal Register Noticeor Newspaper Notice

None

* Subject to CRA.


FEDERAL RESERVE BANK OF SAN FRANCISCO (c o n t ’ d . )

Week ending 6/09/95

Section V - Availability of CRA Public Evaluations

The CRA public evaluations of the institution(s) below became available during the week ending June 9, 1995. Information about a particular institution’s CRA evaluation may be obtained directly from the institution.

Institution

San Benito Bank

Location Examination Date Rating*

300 Tres Pinos Road 2/27/95 OutstandingHollister, CA 95023 (408) 637-2265

*Under the rating system an institution’s CRA performance is assigned one of the following four ratings:

Outstanding record of meeting community credit needs: An institution has an outstanding record of, and is a leader in, ascertaining and helping to meet the credit needs of its entire delineated community, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

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

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

Substantial noncompliance in meeting community credit needs: An institution has a substantially deficient record of ascertaining and helping to meet the credit needs of its entire delineated community, including low- to moderate-income neighborhoods, in a manner consistent with its resources and capabilities.

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility for errors or omissions.


Documents

H.2 Actions of the Board, its Staff, and the Federal ... · Atlanta purchase of the assets and assumption of the liabilities of thirteen branches of Union Federal Bank, FSB, Brea,