Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 50

Week Ending December 12, 1998

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions December 6, 1998 to December 12, 1998

Bank Holding Companies

FirstMerit Corporation, Akron, Ohio -- application to acquire Signal Corp., 

Wooster, Ohio, and its banking and nonbanking subsidiaries.

- Approved, December 7, 1998 

Norwest Corporation, Minneapolis, Minnesota -- requests by certain commenters for 

reconsideration of the Board's approval of the application to acquire Wells Fargo & 

Company, San Francisco, California.

- Denied, December 7, 1998 

Regulations And Policies

Income tax allocation among affiliates of banking organizations -- interagency policy 

statement to provide guidance to institutions concerning the allocation and payment 

of taxes (Docket No. R-1022).

- Approved, October 27, 1998 (AC)

Interagency efforts to coordinate examinations as required by the Riegle Community 

Development and Regulatory Improvement Act -- report to Congress.

- Approved, November 19, 1998 (AC)

Regulation CC -- request for comment on a proposal to shorten the maximum hold 

for many nonlocal checks (Docket No. R-1031).

- Approved, December 7, 1998 

Regulations H, K, and Y -- request for comment on a proposal to require domestic 

and foreign banking organizations supervised by the Board to develop and maintain 

"Know Your Customer" programs (Docket No. R-1019).

- Approved, October 1, 1998 (AC)

Regulations J and CC -- decision not to propose any specific regulatory changes at 

this time to reduce or eliminate legal disparities between the Federal Reserve Banks 

and private sector banks in the presentment and settlement of checks (Docket No. R1009).

- Approved, December 7, 1998 

Reserve Bank Services

Fedwire -- determination not to adopt a segmented settlement period (Docket No. R1014).

- Approved, December 7, 1998 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions November 29, 1998 to December 5, 1998

Enforcement

San Francisco Company, San Francisco, California -- issuance of a combined order 

to cease and desist and order of assessment of civil money penalties against Putra 

Masagung, an institution-affiliated party, and P.T. Gunung Agung, Ltd. Corporation, 

Jakarta, Indonesia, and order of prohibition against Mr. Masagung.

- Announced, December 4, 1998 (AC)

Southern Security Bank, Hollywood, Florida -- written agreement dated November 

13, 1998, with the Federal Reserve Bank of Atlanta, and the State Comptroller and 

Banking Commissioner of the State of Florida. 

- Announced, December 7, 1998 

(AC) = Addition or Correction Board - Page 2 of 2
November 29, 1998 to December 5, 1998

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Banco Popular de Puerto Rico, Hato Rey, Puerto Rico -- to establish a branch at 

1170 Castle Hill Avenue, Bronx, New York.

- Approved, December 3, 1998 (AC)

New York

Bank of Elmwood, Racine, Wisconsin -- to establish a branch at 5455 Sheridan 

Road, Kenosha, Wisconsin.

- Approved, December 9, 1998 

Chicago

Bank of Star Valley, Afton, Wyoming -- to establish a branch at 118 Village 

Parkway, Thayne, Wyoming.

- Approved, December 11, 1998 

Kansas City

Colonial Bank, Montgomery, Alabama -- to establish a branch at 1511 N. Westshore 

Boulevard, Suite 100, Tampa, Florida.

- Approved, December 8, 1998 

Atlanta

Compass Bank, Birmingham, Alabama -- to establish a branch near the intersection 

of McDermott Highway and Highway 75, Allen, Texas.

- Approved, December 10, 1998 

Secretary

NorthSide Community Bank, Gurnee, Illinois -- to establish a branch at 1155 

Milwaukee Avenue, Riverwoods, Illinois.

- Approved, December 9, 1998 

Chicago

Republic Security Bank, West Palm Beach, Florida -- to establish a branch at 1735 

N.E. Pine Island Road, North Cape Coral, Florida.

- Approved, December 9, 1998 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Bank Branches, Domestic

Salin Bank and Trust Company, Indianapolis, Indiana -- to purchase four branches 

from Bank One, Indiana, National Association and establish branches at 114 N. Main 

Street, Jonesboro, Indiana; 1200 N. Baldwin Avenue, Marion; 3010 S. Adams 

Street; and 302 W. Washington Street.

- Approved, December 7, 1998 

Chicago

Bank Holding Companies

AEA Bancshares, Inc., Seattle, Washington -- to acquire Asia-Europe-Americas 

Bank.

- Approved, December 11, 1998 

San Francisco

Aliant Financial Corporation, Alexander City, Alabama -- to acquire Aliant National 

Corporation and Aliant Bank.

- Approved, December 9, 1998 

Atlanta

Anchor Financial Corporation, Myrtle Beach, South Carolina -- to merge with Bailey 

Financial Corporation, Clinton, South Carolina.

- Approved, December 7, 1998 

Richmond

Bancorp of Rantoul, Inc., Rantoul, Illinois -- to acquire Rossville Bancorp, Inc., 

Rossville, Illinois, and First National Bank of Rossville.

- Returned, December 7, 1998 

Chicago

Bryan Family Management Trust, Bryan, Texas, and Bryan Heritage Limited 

Partnership -- to acquire The First National Bank of Bryan.

- Approved, December 10, 1998 

Dallas

Bryn Mawr Bank Corp., Bryn Mawr, Pennsylvania -- to establish Bryn Mawr 

Brokerage Co., Inc.

- Approved, December 8, 1998 

Philadelphia

(AC) = Addition or Correction Delegated - Page 2 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Bank Holding Companies

Citigroup Inc., New York, New York -- request for relief from commitment to 

obtain prior approval before acquiring certain of the underwriting, dealing, and 

related businesses of Nikko Securities Co. Ltd., Tokyo, Japan, through Salomon 

Smith Barney (Japan) Ltd., Cayman Islands.

- Granted, December 7, 1998 

Director, BS&R

Citizens Bankshares ESOP and Trust, Farmington, New Mexico -- to acquire shares 

of Citizens Bankshares, Inc.

- Withdrawn, December 8, 1998 

Kansas City

Compass Bancshares, Inc., Birmingham, Alabama -- to acquire Albrecht & 

Associates, Inc., Houston, Texas, and engage in performing appraisals of real estate 

and personal property and in financial and investment advisory activities.

- Approved, December 4, 1998 (AC)

Secretary

Eggemeyer Advisory Corp., Rancho Santa Fe, California; Castle Creek Capital, 

LLC; Castle Creek Capital Partners Fund-I L.P.; and Western Bancorp, Newport 

Beach, California -- to merge with PNB Financial Group.

- Approved, December 10, 1998 

San Francisco

Fifth Third Bancorp, Cincinnati, Ohio -- to acquire Ashland Bancshares, Inc., 

Ashland, Kentucky.

- Approved, December 10, 1998 

Cleveland

First Express of Nebraska, Inc., Gering, Nebraska -- to acquire Wauneta Falls 

Bancorp, Inc., Wauneta, Nebraska.

- Approved, December 10, 1998 

Kansas City

First Leesport Bancorp, Leesport, Pennsylvania -- to acquire Essick & Barr, Inc., 

Reading, Pennsylvania.

- Approved, December 7, 1998 

Philadelphia

(AC) = Addition or Correction Delegated - Page 3 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Bank Holding Companies

First National Corporation North Dakota, Grand Forks, North Dakota -- to engage 

in real estate appraisal activities through the purchase of the assets related to the real 

estate appraisal business of Botsford and Rice, Inc.

- Approved, December 10, 1998 

Minneapolis

First Perry Bancorp, Inc., Marysville, Pennsylvania -- to acquire The First National 

Bank of Marysville.

- Approved, December 10, 1998 

Philadelphia

First Pryor Bancorp, Inc., Pryor, Oklahoma -- to acquire Stephen L. Smith 

Corporation, Tulsa, Oklahoma, and engage in financial and investment advisory 

activities.

- Approved, December 7, 1998 

Kansas City

German American Bancorp, Jasper, Indiana -- to acquire 1st Bancorp, Vincennes, 

Indiana; First Federal Bank, A Federal Savings Bank; and Financial Services of 

Southern Indiana Corp.

- Approved, December 9, 1998 

St. Louis

Homestead Financial Corporation ESOP, Beatrice, Nebraska -- to acquire shares of 

Homestead Financial Corporation.

- Approved, December 7, 1998 

Kansas City

HSBC Holdings plc, London, England; HSBC Finance (Netherlands) Limited; HSBC 

Holdings BV, Amsterdam, The Netherlands; and Hongkong Bank of Canada, 

Vancouver, British Columbia, Canada -- to acquire Gordon Capital Corporation, 

Toronto, Ontario, Canada, and engage through Gordon Capital, Inc., in securities 

brokerage and private placement services.

- Approved, December 7, 1998 

Secretary

(AC) = Addition or Correction Delegated - Page 4 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Bank Holding Companies

Lincoln County Bancorp, Inc., Troy, Missouri -- to acquire shares of Exchange Bank 

of Missouri, Fayette, Missouri.

- Approved, December 11, 1998 

St. Louis

London Financial Corporation, London, Ohio -- to acquire The Citizens Bank of 

London.

- Approved, October 16, 1998 (AC)

Cleveland

Madison Financial Corporation, Richmond, Kentucky -- to acquire The Madison 

Bank.

- Approved, December 10, 1998 

Cleveland

Marquette Bancshares, Inc., Minneapolis, Minnesota -- to engage in commercial real 

estate mortgage brokering and servicing, arrange commercial real estate equity 

financing, and perform real estate appraisals through the acquisition of Northland 

Financial Company.

- Approved, December 10, 1998 

Minneapolis

Mountain Bancorp, Inc., West Liberty, Kentucky -- to acquire Citizens Bank, 

Grayson, Kentucky.

- Withdrawn, December 9, 1998 

Cleveland

Northern Star Financial, Inc., Mankato, Minnesota -- to acquire Northern Star Bank.

- Approved, December 10, 1998 

Minneapolis

Northpointe Bancshares, Inc., Grand Rapids Township, Michigan -- to acquire 

Northpointe Bank.

- Approved, December 7, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Bank Holding Companies

Patriot Bank Corp, Pottstown, Pennsylvania -- to acquire First Lehigh Corporation, 

Walnutport, Pennsylvania.

- Approved, December 7, 1998 

Philadelphia

Salt Lick Bancorp, Inc., Salt Lick, Kentucky -- to acquire Salt Lick Deposit Bank.

- Approved, December 7, 1998 

Cleveland

State Street Corporation, Boston, Massachusetts -- to engage through State Street 

Capital Markets, LLC, in certain nonbanking activities.

- Approved, December 10, 1998 

Secretary

USABancshares, Philadelphia, Pennsylvania -- to establish a joint venture directly or 

through USACredit, Inc., and Value Recovery Group, Inc., Columbus, Ohio, entitled 

USA Credit Ventures LLC, Dover, Delaware.

- Approved, December 9, 1998 

Philadelphia

Wells Fargo & Company, San Francisco, California; Norwest Financial Services, 

Inc., Des Moines, Iowa; and Norwest Financial, Inc. -- to acquire Dial National Bank.

- Approved, December 9, 1998 

San Francisco

Wells Fargo & Company, San Francisco, California; Norwest Mortgage, Inc., Des 

Moines, Iowa; and Norwest Ventures, Inc. -- to sell shares of Service Mortgage 

Group, LLC, Louisville, Kentucky, to Semonin Mortgage Service, LLC.

- Approved, December 9, 1998 

San Francisco

Wells Fargo & Company, San Francisco, California; Norwest Mortgage, Inc., Des 

Moines, Iowa; and Norwest Ventures, Inc. -- to sell shares of Academy Financial 

Services, LLC, Alpharetta, Georgia, to HN Mortgage, LLC, Atlanta, Georgia.

- Approved, December 9, 1998 

San Francisco

(AC) = Addition or Correction Delegated - Page 6 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Bank Holding Companies

Wells Fargo & Company, San Francisco, California; Norwest Mortgage, Inc., Des 

Moines, Iowa; and Norwest Ventures, Inc. -- to sell shares of Mortgage 

Professionals of Tampa Bay, LLC, Tampa, Florida, to Smith & Associates Realtors, 

Inc.

- Approved, December 11, 1998 

San Francisco

WestBank Corporation, West Springfield, Massachusetts -- to acquire Cargill 

Bancorp, Inc., Putnam, Connecticut, and operate Cargill Bank, a Connecticut 

chartered stock savings and loan association, as a separate bank entity.

- Approved, December 11, 1998 

Boston

Western Sierra Bancorp, Cameron Park, California -- to acquire Lake Community 

Bank, Lakeport, California.

- Approved, December 11, 1998 

San Francisco

Bank Mergers

Fifth Third Bank of Southern Ohio, Hillsboro, Ohio -- to merge with Bank of 

Ashland, Inc., Ashland, Kentucky, and establish branches.

- Approved, December 10, 1998 

Cleveland

Marine Midland Bank, Buffalo, New York -- to merge with First Commercial Bank 

of Philadelphia, Philadelphia, Pennsylvania, and establish branches at the two branch 

offices of First Commercial Bank.

- Approved, December 9, 1998 

Secretary

Banks, Nonmember, And Miscellaneous Institutions

UB & T Financial Services Corporation, Rockmart, Georgia -- transfer agent 

registration.

- Approved, December 9, 1998 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 7 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Banks, State Member

Ohio Bank, Findlay, Ohio -- to acquire five branches of Mid American National Bank 

and Trust Company, Toledo, Ohio, located in Findlay, Ottawa, Upper Sandusky, and 

Arlington, Ohio.

- Approved, December 10, 1998 

Cleveland

Valley Independent Bank, El Centro, California -- to purchase certain assets and 

assume certain liabilities of the Hemet, California, branch of Fremont Investment and 

Loan, Anaheim, California.

- Approved, December 8, 1998 

San Francisco

Change In Bank Control

Brenham Bancshares, Inc., Brenham, Texas -- change in bank control.

- Permitted, December 8, 1998 

Dallas

First Bankshares of Las Animas, Las Animas, Colorado -- change in bank control.

- Permitted, December 11, 1998 

Kansas City

Goodenow Bancorporation, Okoboji, Iowa -- change in bank control.

- Permitted, December 9, 1998 

Chicago

Competitive Factors Reports

Boone County National Bank of Columbia, Columbia, Missouri -- report on 

competitive factors of the proposed merger with Sturgeon State Bank, Sturgeon, 

Missouri.

- Submitted, December 8, 1998 

St. Louis

Boundary Waters Bank, Ely, Minnesota -- report on competitive factors of the 

proposed acquisition of the assets and assumption of the liabilities of the Ely, 

Minnesota, branch of Stearns Bank, N.A., St. Cloud, Minnesota.

- Submitted, December 10, 1998 

Minneapolis

(AC) = Addition or Correction Delegated - Page 8 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Competitive Factors Reports

California Federal Bank, F.S.B., San Francisco, California -- report on competitive 

factors of the proposed acquisition of two former branches of Wells Fargo Bank, 

N.A. and ten former branches of Norwest Bank, N.A., Las Vegas, Nevada.

- Submitted, December 8, 1998 

San Francisco

Capitol Federal Savings Bank, Topeka, Kansas -- report on competitive factors of a 

conversion to ownership by mutual holding companies.

- Submitted, December 11, 1998 

Kansas City

Central Trust Bank, Jefferson City, Missouri -- report on competitive factors of the 

proposed merger with The Farmers and Traders Bank, California, Missouri.

- Submitted, December 8, 1998 

St. Louis

Del Rio Bank and Trust Company, SSB, Del Rio, Texas -- report on competitive 

factors of the proposed merger with The Bank and Trust, Sonora, Texas.

- Submitted, December 8, 1998 

Dallas

First Farmers and Merchants National Bank, Columbia, Tennessee -- report on 

competitive factors of the proposed merger with Farmers and Merchants Bank, 

White Bluff, Tennessee.

- Submitted, December 9, 1998 

Atlanta

Hudson United Bank, Union City, New Jersey -- report on competitive factors of the 

proposed merger with Lafayette American Bank, Bridgeport, Connecticut, and Bank 

of the Hudson, Poughkeepsie, New York.

- Submitted, December 8, 1998 

New York

Keller State Bank, Keller, Texas -- report on competitive factors of the proposed 

merger with New Keller Acquisition Corp., San Antonio, Texas.

- Submitted, December 8, 1998 

Dallas

(AC) = Addition or Correction Delegated - Page 9 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Competitive Factors Reports

Marine National Bank, Irvine, California -- report on competitive factors of the 

proposed acquisition by merger of California State Bank, Covina, California.

- Submitted, December 7, 1998 

Secretary

Matewan National Bank, Matewan, West Virginia -- report on competitive factors of 

the proposed purchase of the assets and assumption of the liabilities of the 

Prestonsburg and Whitesburg, Kentucky, branches of Matewan Bank FSB, 

Paintsville, Kentucky.

- Submitted, December 4, 1998 (AC)

Cleveland

New First National Bank of Carrollton, Carrollton, Kentucky -- report on 

competitive factors of the proposed merger with The First National Bank of 

Carrollton.

- Submitted, December 9, 1998 

St. Louis

Provident Community Bank, Union, South Carolina -- report on competitive factors 

of the proposed acquisition of certain assets and assumption of the liabilities of the 

Union, South Carolina, branch of American Federal Bank, FSB, Greenville, South 

Carolina.

- Submitted, December 9, 1998 

Richmond

South Georgia Interim, Inc., Omega, Georgia -- report on competitive factors of the 

proposed merger with South Georgia Banking Company.

- Submitted, December 9, 1998 

Atlanta

Southwest Bank of Texas NA, Houston, Texas -- report on competitive factors of 

the proposed merger with Fort Bend Federal Savings and Loan Association of 

Rosenberg, Rosenberg, Texas.

- Submitted, December 8, 1998 

Dallas

(AC) = Addition or Correction Delegated - Page 10 of 12
H.2 Actions under delegated authority December 6, 1998 to December 12, 1998

Competitive Factors Reports

United National Bancorp, Bridgewater, New Jersey -- report on competitive factors 

of the proposed acquisition of Raritan Bancorp Inc., and The Raritan Savings Bank.

- Submitted, December 9, 1998 

New York

Extensions Of Time

Androscoggin Bancorp, MHC, Lewiston, Maine, and Androscoggin Bancorp, Inc. -- 

extension to January 29, 1999, to acquire Financial Institution Service Corp.

- Granted, December 10, 1998 

Boston

Bankers Trust Corporation, New York, New York -- extension to January 28, 1999, 

to conform aggregate dealing positions acquired from National Westminster Bank 

PLC, London, United Kingdom, to the limits in Regulation K.

- Granted, December 8, 1998 

Director, BS&R

First National Bancshares, Inc., Bradenton, Florida -- extension to March 11, 1999, 

to acquire First National Bank of Manatee.

- Granted, December 8, 1998 

Atlanta

First TeleBanc Corporation, Sanford, Florida -- extension to March 15, 1999, to 

acquire Boca Raton First National Bank, Boca Raton, Florida.

- Granted, December 8, 1998 

Atlanta

Georgia-Carolina Bancshares, Thomson, Georgia -- extension to December 10, 

1999, to effect a change in bank control.

- Permitted, December 10, 1998 

Atlanta

Merchants Holding Company, Winona, Minnesota -- extension to February 26, 1999, 

to acquire Primo Financial Services, Inc., Hastings, Minnesota.

- Granted, December 10, 1998 

Minneapolis

(AC) = Addition or Correction Delegated - Page 11 of 12
H.2 Actions under delegated authority November 29, 1998 to December 5, 1998

Extensions Of Time

State Financial Services Corporation, Hales Corners, Wisconsin -- extension to 

February 19, 1999, to acquire Home Bancorp of Elgin, Elgin, Illinois, and Home 

Federal Savings and Loan Association of Elgin.

- Granted, December 4, 1998 (AC)

Chicago

State National Bancshares, Inc., Lubbock, Texas -- extension to March 11, 1999, to 

acquire Continental National Bancshares, Inc., El Paso, Texas, and Continental 

National Bank.

- Granted, December 10, 1998 

Dallas

Western Sierra Bancorp, Cameron Park, California -- extension to March 17, 1999, 

to merge with Roseville 1st Community Bancorp, Roseville, California.

- Granted, December 9, 1998 

San Francisco

Membership

Bank of Nichols Hills, Oklahoma City, Oklahoma -- to become a member of the 

Federal Reserve System.

- Approved, December 9, 1998 

Kansas City

First Option Bank, Osawatomie, Kansas -- to remain a member of the Federal 

Reserve System after conversion from a national charter to a state charter.

- Approved, December 9, 1998 

Kansas City

One Bank & Trust, Little Rock, Arkansas -- to become a member of the Federal 

Reserve System and retain its existing branches.

- Approved, December 10, 1998 

St. Louis

(AC) = Addition or Correction Delegated - Page 12 of 12
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Reg. K Fleet National Bank, Providence, Rhode Island - application to

establish an Edge Corporation and to acquire Sanwa Business

Credit (UK) Limited, London, England and Sanwa Business

Credit (Deutschland) GmbH, Dusseldorf, Germany

Providian National Bank, Tilton, New Hampshire - Regulation

K application to establish a foreign branch London, England
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banco de la Ciudad de Buenos Aires, Buenos Aires, Argentina,

to establish a representative office in New York, New York.

Newspaper – N/Avail

FBSEA Moscow Narodny Bank, London, England, to establish a

representative office in New York, New York.

Newspaper – N/Avail

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Skandinaviska Enskilda Banken, Stockholm, Sweden, to

retain ABB Investment Management Corp., Stamford,

Connecticut, and as a result to provide investment advice.

Fed Reg – N/Avail

4(c)(8) The Bank of New York Company, New York, New York,

to act, through its Section 20 subsidiary, BNY Capital

Markets, Inc., New York, New York, as a Specialist and

Floor Broker on the Chicago and Philadelphia Stock

Exchanges through acquisition of business of EVEREN

Securities, Inc., Chicago, Illinois.

Fed Reg – 12/28/1998
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Summit Bank, Bethlehem, PA, to establish a branch office at

301 West Lancaster Avenue, Wayne, Chester County, PA.

1/06/1998

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Received application from John B. Turner Holding Company,

Jackson, KY on 12/11/1998 to acquire Marie R. Turner Holding

Company, Jackson, KY.*

Newspaper: 01/08/1999

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

4(c)(8) Centura Banks, Inc., Rocky Mount, North Carolina, to acquire

100% of the voting shares of First Coastal Bankshares, Inc.,

Virginia Beach, Virginia.*

Fed Reg – 12/28/1998

Newspaper – 12/31/1998

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

361121 F & M Bank-Emporia

401 Halifax Street

Emporia, Virginia 23847-1711

09/21/1998 12/09/1998 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch SunTrust Bank, Tampa Bay, Tampa, Florida, to establish a

branch located at 301 N. 38th Avenue, St. Petersburg, Florida, to

be known as the N.E. St. Petersburg Office.

12/12/1998*

Branch SunTrust Bank, Tampa Bay, Tampa, Florida, to establish a

branch located at 12098 Anderson Road, Tampa, Florida, to be

known as the Gunn Highway Office.

12/12/1998*

*Subject to provisions of the Community Reinvestment Act

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Riverside Banking Company, Fort Pierce, Florida, prior

notification by The Smith Family Limited Partnership, Fort

Pierce, Florida, to acquire 19.32 percent of the outstanding

shares of Riverside Banking Company, Fort Pierce, Florida.

Fed Reg – 12/29/1998

3(a)(3) Intervest Bancshares Corporation, New York, New York, to

acquire Intervest National Bank, New York, New York

(in organization).

N/Avail*

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

COM First Colony BancShares, Inc., Alpharetta, Georgia, commitment

waiver request.

COM AmTrade International Bank, Atlanta, Georgia, commitment

waiver request.

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Byron Center State Bank

Byron Center, Michigan

 6225 Kalamazoo Ave., SE

 Kentwood, Michigan

Newspaper – 12/24/1998

Branch Fifth Third Bank of Central Indiana

Indianapolis, Indiana

 530 S. Indiana Street

 Mooresville, Indiana

Newspaper – 12/01/1998

18(c) &

 Branches

First State Bank

Brunsville, Iowa

 Farmers State Bank

 Merrill, Iowa

 201 Main Street

 Merrill, Iowa

 225 N. Floyde Avenue

 Hinton, Iowa

Newspaper – N/Avail

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) New Century Bancorp*

Southfield, Michigan

 New Century Bank (in organization)

 Southfield, Michigan

Fed Reg – 12/14/1998

Newspaper – 12/29/1998

3(a)(3) Bancorp of Rantoul, Inc.*

Rantoul, Illinois

 Rossville Bancorp, Inc.

 Rossville, Illinois

 First National Bank of Rossville

 Rossville, Illinois

Fed Reg – 12/28/1998

Newspaper – N/Avail
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Avondale Financial Corp.*

Chicago, Illinois

 Coal City Corporation

 Chicago, Illinois

 Manufactures National Corporation

 Chicago, Illinois

 Manufacturers Bank

 Chicago, Illinois

Fed Reg – N/Avail

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

ROS United Community Bancorp, Inc.

Chatham, Illinois

 To redeem all of its issued and outstanding preferred stock.
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

711548 Chelsea State Bank

1010 S. Main Street

Chelsea, Michigan 48118-1269

(313) 475-1356

7/27/1998 12/15/1998 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) *Notice by McIlroy Family Limited Partnership, Bowling

Green, Missouri, to acquire Community State Bank of Bowling

Green, Bowling Green, Missouri (previously reported during the

week ending December 5, 1998).

Newspaper - 1/15/1999

Fed Reg – 1/7/1999

3(a)(1) *Notice by BCC Bancshares, Inc., Hardin, Illinois, to acquire

Bank of Calhoun County, Hardin, Illinois.

Newspaper – 1/15/1999

Fed Reg – 1/11/1999

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

4(j)(5)(A) First Co Bancorp, Inc., Collinsville, Illinois, to establish FirstCo

Mortgage Corp., Collinsville, Illinois, and thereby engage in

mortgage lending activities.
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) Superior Financial Holding Corporation, Minneapolis,

Minnesota, for prior approval to become a bank holding

company through the acquisition of 100% of the voting shares of

Commercial State Bancorporation, Two Harbors, Minnesota. *

Newspaper – 12/26/1998

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Superior Financial Holding Corporation, Minneapolis,

Minnesota, to engage in general insurance agency activities in a

place with a population not exceeding 5,000 through the indirect

acquisition of Commercial State Insurance Agency, Inc., Two

Harbors, Minnesota.

Fed Reg – 12/17/1998

4(c)(8) Superior Financial Holding Corporation, Minneapolis,

Minnesota to engage de novo in lending activities.

Fed Reg – 12/17/1998
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

3(a)(1) Cyrus Bancshares, Inc., Cyrus, Minnesota, to become a bank

holding company through the acquisition of 98.125% of the

voting shares of State Bank of Cyrus, Cyrus, Minnesota.

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

444257 Glacier Bank of Whitefish

Whitefish, Montana

07/06/1998 12/07/1998 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) / Branch Anadarko Bank & Trust Company, Anadarko, Oklahoma, for

prior approval to purchase the assets and assume the liabilities of

the Anadarko, Oklahoma branch of BancFirst, Oklahoma City,

Oklahoma.

Newspaper – 01/07/1998

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None
Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3)

3(a)(3)

3(a)(3)

3(a)(1)

3(a)(1)

State National Bancshares, Inc., Lubbock, TX, to acquire UB &

T Holding Company, Abilene, TX, and United Bank and Trust,

Abilene, TX*

First National Bank of Clovis Employee Stock Ownership Trust,

Clovis, NM, to acquire National Bancshares, Inc., Clovis, NM,

and First National Bank of Clovis, Clovis, NM*

Overton Financial Corporation, Overton, TX, and Overton

Delaware Corporation, Dover, DE, to acquire

Longview Financial Corporation, Longview, TX,

Longview Delaware Corporation, Dover, DE,

First State Bank, Van, TX, and Longview Bank and Trust

Company, Longview, TX*

Founders Bancshares, Inc., Dallas, TX, to acquire Skillman

Bancshares, Inc., Dover, DE, and Founders National Bank –

Skillman, Dallas, TX*

Skillman Bancshares, Inc., Dover, DE, to acquire Founders

National Bank – Skillman, Dallas, TX*

Fed Reg – 01/04/1999

Newspaper – 01/02/1999

Fed Reg – 01/08/1999

Newspaper – 01/03/1999

Fed Reg – 01/07/1999

Newspaper – 12/25/1998

Fed Reg – 12/10/1998

Newspaper – 01/06/1999

Fed Reg – 12/10/1998

Newspaper – 01/06/1999

*Subject to the provisions of the Community Reinvestment Act
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

S/R

Member

Notice by American Bancshares – Red River, Coushatta, LA, to

redeem 225,000 shares of its common stock

Community Bank, Granbury, TX, to become a member of the

Federal Reserve System

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, December 12, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Hacienda Bank, Santa Maria, California, to establish a branch

office at 2414 South Broadway, Santa Maria, California. *

Newspaper – 11/23/1998

Branch Foothill Independent Bank, Glendora, California, to establish a

branch office at 515 Myrtle Avenue, Monrovia, California. *

Newspaper – 12/16/1998

Branch Metro Commerce Bank, San Rafael, California, to establish a

branch office at 1371 Redwood Way, Petaluma, California. *

Newspaper – 12/21/1998

* Subject to the provisions of the Community Reinvestment Act

Newspaper - Newspaper Comment Period Ending Date

Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) Western Acquisitions, LLC, and Western Acquisition Partners,

L.P., both of Washington, D.C., to acquire West Coast Bancorp,

and thereby indirectly acquire Sunwest Bank, both of Tustin,

California. *

Newspaper – N/Avail

Fed Reg – 01/07/1999

3(a)(5) United Security Bancorporation, Spokane, Washington, to

merge with Bancwest Financial Corporation, Walla Walla,

Washington. *

Newspaper – 01/09/1999

Fed Reg – N/Avail

CIC Arthur Robb Evans, Sun Valley, California, to acquire

approximately 97 percent of The San Francisco Company, and

its subsidiary Bank of San Francisco, both of San Francisco,

California. *

Newspaper – 12/29/1998

Fed Reg – 12/28/1998

CIC Eric D. Hovde, Washington, D.C., to increase his ownership up

to approximately 10.3 percent of West Coast Bancorp, Tustin,

California. *

Newspaper – N/Avail

Fed Reg – 12/28/1998

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs

of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted

by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation

was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire

community be evaluated periodically. That record is taken into account in considering an institution's application

for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None