Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 18

Week Ending May 1, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions April 25, 1999 to May 1, 1999

Forms

Ongoing Intermittent Survey of Households (FR 3016) -- extension with revision.

- Approved, April 30, 1999 

International Operations

Old Kent Bank, Grand Rapids, Michigan -- to establish Old Kent Hong Kong LLC, 

an agreement corporation, and engage in issuing commercial letters of credit.

- Approved, April 26, 1999 

(AC) = Addition or Correction Board - Page 1 of 1
April 25, 1999 to May 1, 1999

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

The Bank in Boulder, Boulder, Colorado -- to establish a branch at the intersection 

of 100th Avenue and Wadsworth Boulevard, Westminster.

- Approved, April 28, 1999 

Secretary

F&M Bank-Northern Virginia, Fairfax, Virginia -- to establish a branch at 4736 Lee 

Highway, Arlington.

- Approved, April 26, 1999 

Richmond

M&I Bank of Menomonee Falls, Menomonee Falls, Wisconsin -- to establish a 

branch at Prospect Circle, Sussex.

- Approved, April 29, 1999 

Chicago

Mercantile Bank, Overland Park, Kansas -- to establish a branch in the Douglas 

Square Shopping Center, Lee's Summit, Missouri.

- Approved, April 27, 1999 

Kansas City

Old Kent Bank, Grand Rapids, Michigan -- to establish branches at 44777 Mound 

Road, Sterling Heights; State Road M-21, Lowell; and 2900 Thornhills Drive S.E., 

Grand Rapids.

- Approved, April 28, 1999 

Chicago

Bank Holding Companies

Bank of New York Company, Inc., New York, New York -- to acquire through 

BNY Trust Company of Missouri, St. Louis, Missouri, substantially all the assets of 

the corporate trust business of Union Planters Bank, N.A., Memphis, Tennessee.

- Approved, April 29, 1999 

New York

(AC) = Addition or Correction Delegated - Page 1 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Bank Holding Companies

Banque Nationale de Paris, Paris, France, and Bankwest Corporation, Honolulu, 

Hawaii -- request for waiver of application requirement in connection with the 

proposed merger of Bank of the West, San Francisco, California, with Sierrawest 

Bancorp, Truckee, California, and Sierrawest Bank.

- Granted, April 28, 1999 

San Francisco

BOK Financial Corporation, Tulsa, Oklahoma -- to acquire Chaparral Bancshares, 

Inc., Richardson, Texas, and thereby acquire shares of Van Alstyne Financial 

Corporation, Van Alstyne.

- Approved, April 30, 1999 

Kansas City

CNB, Inc., Walker, Minnesota -- to acquire Centennial National Bank.

- Approved, April 29, 1999 

Minneapolis

Cullen/Frost Bankers, Inc., San Antonio, Texas -- to acquire Commerce Financial 

Corporation, Fort Worth, and thereby acquire its subsidiary, Bank of Commerce.

- Approved, April 23, 1999 (AC)

Secretary

Fifth Third Bancorp, Cincinnati, Ohio -- to acquire South Florida Holding 

Corporation, Fort Myers, Florida.

- Approved, April 27, 1999 

Cleveland

First Financial Banc Corporation, El Dorado, Arkansas -- to become a bank holding 

company through the conversion of its thrift subsidiary from a federal savings bank 

to a state-chartered bank.

- Approved, April 27, 1999 

St. Louis

First Mutual of Richmond, Inc., Richmond, Indiana, and Richmond Mutual 

Bancorporation -- to acquire BSI Financial Services, Inc., Titusville, Pennsylvania, 

and engage in servicing loans and leases and in providing collection-agency services.

- Approved, April 29, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Bank Holding Companies

Citizens Development Company, Billings Montana -- modification of a commitment 

made in connection with its notice to engage de novo in making and servicing loans.

- Granted, April 22, 1999 (AC)

Director, BS&R

MHBC Investments Limited Partnership, Little Rock, Arkansas -- retroactive notice 

to become a bank holding company through retention of shares of Bank of England, 

England, Arkansas.

- Approved, April 29, 1999 

St. Louis

NBC Capital Corporation, Starkville, Mississippi -- waiver of notification to acquire 

FFBS Bancorp, Inc., Columbus, and thereby acquire First Federal Bank for Savings.

- Granted, April 30, 1999 

St. Louis

New Commerce BanCorp, Simpsonville, South Carolina -- to become a bank holding 

company through the acquisition of New Commerce Bank, N.A., a de novo bank.

- Approved, April 29, 1999 

Richmond

Readlyn Bancshares, Inc., St. Paul, Minnesota -- to engage in making and servicing 

loans.

- Permitted, April 30, 1999 

Chicago

SunTrust Banks, Inc., Atlanta, Georgia -- to acquire through its subsidiary, SunTrust 

Community Development Corporation, Regency Development Associates, Inc., and 

Regency Constructors, Inc., and engage in community development activities.

- Approved, April 29, 1999 

Atlanta

Trustmark Corporation, Jackson, Mississippi -- to acquire Trustmark Bankcard, 

National Association, Columbus, Georgia, a de novo bank, and engage in making, 

acquiring, brokering, or servicing loans or other extensions of credit.

- Approved, April 27, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Bank Holding Companies

Virginia Commonwealth Financial Corporation, Culpeper, Virginia -- to establish 

Virginia Commonwealth Trust Company and engage in trust company functions.

- Approved, April 26, 1999 

Richmond

Bank Mergers

Fifth Third Bank, Naples, Florida -- to merge with South Florida Bank, Fort Myers.

- Approved, April 27, 1999 

Cleveland

Union Colony Bank, Greeley, Colorado -- to acquire the assets and assume the 

liabilities of the Brighton, Colorado, branch of World Savings and Loan 

Association/World Savings Bank, FSB.

- Approved, April 23, 1999 (AC)

Secretary

Banks, Nonmember, And Miscellaneous Institutions

Citizens Bank of MidAmerica, St. Joseph, Michigan -- relocation of master account 

to the Federal Reserve Bank of St. Louis.

- Permitted, April 27, 1999 

Secretary

Change In Bank Control

Phillips Holdings, Inc., Philllipsburg, Kansas -- change in bank control.

- Permitted, April 27, 1999 

Santa Fe Banc Shares, Inc., Sublette, Kansas -- change in bank control.

- Permitted, April 30, 1999 

Kansas City

Competitive Factors Reports

BSB Bank & Trust Company, Binghamton, New York -- report on competitive 

factors of the proposed merger with Skaneateles Savings Bank, Skaneateles.

- Submitted, April 28, 1999 

New York

(AC) = Addition or Correction Delegated - Page 4 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Competitive Factors Reports

Chevy Chase Trust Company, National Association, Washington, D.C. -- report on 

competitive factors of the proposed merger with ASB Capital Management, Inc.

- Submitted, April 30, 1999 

Richmond

Citizens National Bank, Waxahachie, Texas -- report on competitive factors of the 

proposed acquisition of two branches of Surety Bank, N.A.

- Submitted, April 30, 1999 

Dallas

Farmers & Mechanics National Bank, Frederick, Maryland -- report on competitive 

factors of the proposed purchase of certain assets and acquisition of certain liabilities 

of the Fairfield, Pennsylvania, branch of FMB Bank, Baltimore, Maryland.

- Submitted, April 26, 1999 

Richmond

First State Bank of North Dakota, Arthur, North Dakota -- report on competitive 

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

Casselton, North Dakota, branch of First National Bank North Dakota, Grand Forks.

- Submitted, April 30, 1999 

Minneapolis

Imperial Bank, Inglewood, California -- report on competitive factors of the 

proposed merger with Imperial Mutual Savings Bank, Bellevue, Washington.

- Submitted, April 30, 1999 

San Francisco

Norwest Bank Nevada, N.A., Las Vegas, Nevada -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of Wells Fargo Bank 

(Arizona), N.A., Phoenix, Arizona.

- Submitted, April 22, 1999 (AC)

San Francisco

Norwest Bank Texas, N.A., San Antonio, Texas -- report on competitive factors of 

the proposed merger with Mercantile Bank, N.A., Brownsville, and First Bank Katy, 

N.A., Katy.

- Submitted, April 30, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 5 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Competitive Factors Reports

Scripps Bank, La Jolla, California -- report on competitive factors of the proposed 

merger with Scripps merger subsidiary.

- Submitted, April 30, 1999 

San Francisco

Southern Bank and Trust Company, Mount Olive, North Carolina -- report on 

competitive factors of the proposed purchase of certain assets and assumption of 

certain liabilities of the Ahoskie, North Carolina, branch of First-Citizens Bank and 

Trust Company, Raleigh.

- Submitted, April 30, 1999 

Richmond

Sterling Bank, Houston, Texas -- report on competitive factors of the proposed 

merger with Houston Commerce Bank.

- Submitted, April 30, 1999 

Dallas

U.S. Bank, N.A., Minneapolis, Minnesota -- report on competitive factors of the 

proposed merger with Bank of Commerce, San Diego, California.

- Submitted, April 27, 1999 

Secretary

Extensions Of Time

Atlantic Bancgroup, Inc., Jacksonville Beach, Florida -- extension to July 29, 1999, 

to become a bank holding company through the acquisition of Oceanside Bank.

- Granted, April 29, 1999 

Atlanta

Citizens Bank of Tulsa, Tulsa, Oklahoma -- extension to October 31, 1999, to 

establish a branch at 1102 S. Memorial.

- Granted, April 28, 1999 

Kansas City

(AC) = Addition or Correction Delegated - Page 6 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Extensions Of Time

Employee Stock Ownership Trust of People's Bank and Trust Company of Pickett 

County, Byrdstown, Tennessee -- extension to July 29, 1999, to acquire shares of 

Upper Cumberland Bancshares, Inc.

- Granted, April 28, 1999 

Atlanta

First DuPage Bancorp, Inc., Westmont, Illinois -- extension to August 2, 1999, to 

become a bank holding company through the acquisition of First DuPage Bank.

- Granted, April 29, 1999 

Chicago

The Missouri Bank, Warrenton, Missouri -- extension to May 30, 1999, to establish 

a branch at 1145 West Pearce Boulevard, Wentzville, Missouri.

- Granted, April 23, 1999 (AC)

St. Louis

National Australia Bank Limited, Melbourne, Australia -- extension to August 6, 

1999, to engage in securities brokerage activities through National Australia Capital 

Markets, LLC, New York, New York.

- Granted, April 26, 1999 

Chicago

New Century Bancorp, Southfield, Michigan -- extension to July 11, 1999, to 

become a bank holding company through the acquisition of New Century Bank, a de 

novo bank.

- Granted, April 28, 1999 

Chicago

Membership

Cerritos Valley Bank, Norwalk, California -- membership in the Federal Reserve 

System.

- Approved, April 28, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 7 of 8
H.2 Actions under delegated authority April 25, 1999 to May 1, 1999

Membership

First Community Bank, N.A., Conway, Arkansas -- membership in the Federal 

Reserve System.

- Approved, April 27, 1999 

St. Louis

Sun Country Bank, Victorville, California -- membership in the Federal Reserve 

System.

- Approved, April 28, 1999 

San Francisco

Reserve Bank Operations

Federal Reserve Bank of Atlanta -- revision of operating circular on automated 

clearing house items.

- Approved, April 26, 1999 

General Counsel

Federal Reserve Bank of New York -- revision of operating circulars on funds 

trasfers through Fedwire and multilateral settlement.

- Approved, April 26, 1999 

General Counsel

(AC) = Addition or Correction Delegated - Page 8 of 8
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, May 1, 1999

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

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, May 1, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

representative office in New York, New York.

Newspaper – N/Avail

FBSEA Caixa Geral de Depositos, Lisbon, Portugal, to establish a

branch 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) Barclays PLC, Barclays Bank PLC, both of London, England,

Bayerische Hypo-und Vereinsbank AG, Munich, Germany, and

Deutsche Bank AG, Frankfurt, Germany, through their affiliates,

to establish and operate, through Global Trust Organization,

LLC, in global interoperable network of participating financial

institutions that will operate as certification authorities.

05/21/1999
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, May 1, 1999

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

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, May 1, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Received notice from Somerset Trust Company, Somerset, PA on

o4/26/1999 of its intent to establsih a branch facility at 234 Main

Street, Meyersdale, PA.*

05/24/1999

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.

The federal bank regulators use the following four 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

614313 The State Bank & Trust Company 2/1/1999 4/26/1999 S X

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, May 1, 1999

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)(5) City Holding Company, Charleston, West Virginia, to merge

with Frontier Bancorp, Redondo Beach, California.*

Fed Reg – 05/24/1999

Newspaper –N/Avail

3(a)(3) BB&T Corporation, Winston-Salem, North Carolina, to

acquire Mason-Dixon Bancshares, Inc., Westminster,

Maryland.*

Fed Reg – 05/27/1999

Newspaper – 05/24/1999

*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

4(c)(8) BB&T Corporation, Winston-Salem, North Carolina, to

engage in providing credit related insurance through Bay

Insurance, LLC, Baltimore, Maryland; and to engage in

consumer finance activities through Rose Shanis Financial

Services, LLC, Baltimore, Maryland.

Fed Reg – 05/27/1999
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

3(a)(1) Catawba Valley Bancshares, Inc., Hickory, North Carolina, to

become a bank holding company through the acquisition of

100% of the voting shares of Catawba Valley Bank, Hickory,

North Carolina.

3(a)(1) HCSB Financial Corporation, Loris, South Carolina, to become

a bank holding company through the acquisition of 100% of the

voting shares of Horry County State Bank, Loris, South

Carolina.

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, May 1, 1999

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) East Alabama Financial Group, Inc., Wedowee, Alabama, to

become a bank holding company by acquiring Small Town

Bank, Wedowee, Alabama (in organization).

N/Avail*

CIC Eagle National Holding Company, Miami, Florida, prior

notification by the GNB Holdings Trust, to acquire 100 percent

of the outstanding shares of Eagle National Holding Company,

Miami, Florida.

Fed Reg - 04/17/1999

3(a)(1) Heartland Bancshares, Inc., Lake Placid, Florida, to become a

bank holding company by acquiring Heartland National Bank,

Lake Placid, Florida (in organization).

Newspaper – 05/24/1999*

3(a)(1) Manufacturers Bancshares, Inc., Tampa, Florida, to become a

bank holding company by acquiring Manufacturers Bank of

Florida, Tampa, Florida.

Fed Reg – 05/31/1999*

CIC Manufacturers Bancshares, Inc., Tampa, Florida, prior

notification filed by Lepago Enterprises, Inc., Tampa, Florida

(a family partnership controlled by Constantino Gonzalez, Rosa

Gonzales, Anthony F. Gonzalez; and Sylvia Martinez), to

acquire 24.625 percent of the outstanding shares of

Manufacturers Bancshares, Inc., Tampa, Florida, and thereby

indirectly acquire Manufacturers Bank of Florida, Tampa,

Florida.

Newspaper – 05/22/1999
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Manufacturers Bancshares, Inc., Tampa, Florida, prior

notification filed by Llaneza Enterprises, Inc., Tampa, Florida

(a family partnership controlled by Frank A. Llaneza and Diana

Llaneza), to acquire 29.625 percent of the outstanding shares of

Manufacturers Bancshares, Inc., Tampa, Florida, and indirectly

acquire Manufacturers Bank of Florida, Tampa, Florida.

Newspaper – 05/22/1999

CIC Chatuge Bank Shares, Inc., Hiawassee, Georgia, after-the-fact

notification by Stoinoff Investments, L.P., Hiawassee, Georgia

(James M. Stoinoff and Elizabeth S. Stoinoff as general partners,

both of Hiawassee, Georgia), to retain 36.87 percent of the

outstanding shares of Chatuge Bank Shares, Inc., Hiawassee,

Georgia.

N/Avail

3(a)(1) Satilla Financial Services, Inc., St. Marys, Georgia, to become

a bank holding company by acquiring Satilla Community Bank,

St. Marys, Georgia (in organization).

Fed Reg – 05/31/1999*

*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

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

245333 AmSouth Bank

Post Office Box 11007

Birmingham, AL 35288

(205) 326-5120

09/28/1998 04/29/1999 S X

675332 SunTrust Bank/Atlanta

Post Office Box 4418

Atlanta, Georgia 30339

(770) 805-2000

12/07/1998 04/29/1999 S X

181637 SunTrust Bank/Tampa Bay

Post Office Box 3303

Tampa, Florida 33601

(813) 224-2121

01/04/1999 04/29/1999 O X

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, May 1, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branches

Pullman Bank and Trust Company

Chicago, Illinois

 Regency Savings Bank, F.S.B.

 Naperville, Illinois

 and thereby to establish branches at

 1350 E. Sibley Blvd.

 Dolton, Illinois

 2600 Sauk Trail

 Sauk Village, Illinois

 3501 E. 106th Street

 Chicago, Illinois

 17150 S. Torrence Avenue

 Lansing, Illinois

Newspaper – 5/14/1999

18(c) &

 Branches

Chemical Bank Bay Area

Bay City, Michigan

 Linwood and Standish, Michigan branches of National

 City Bank of Michigan/Illinois

 Bannockburn, Illinois

 and thereby to establish branches at

 120 W. Center Street

 Linwood, Michigan

 4464 S. Huron Road

 Standish, Michigan

Newspaper – N/Avail

18(c) &

 Branches

Iowa State Bank

Calmar, Iowa

 Ossian State Bank

 Ossian, Iowa

 and to establish a branch at

 106 E. Main Street

 Ossian, Iowa

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

Type Application

Ending date of

comment period

CIC Greater Chicago Financial Corp.

Chicago, Illinois

 By Edward S. Salomon and Salvatore T. Scambietterra,

 a/k/a Sam Scott

Fed Reg – 5/18/1999

Newspaper – N/Avail

3(a)(3) State Financial Services Corporation*

Hales Corners, Wisconsin

 First Waukegan Corporation

 Waukegan, Illinois

 Bank of Northern Illinois, N.A.

 Waukegan, Illinois

Fed Reg – 5/17/1999

Newspaper – 5/16/1999

3(a)(1) Strategic Capital Bancorp, Inc.*

Champaign, Illinois

 Strategic Capital Bank (in organization)

 Champaign, Illinois

Fed Reg – N/Avail

Newspaper – 5/3/1999

3(a)(3) Independent Bank Corporation*

Ionia, Michigan

 New MSB Bank

 Bay City, Michigan

Fed Reg – 5/13/1999

Newspaper – 5/23/1999

* 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

4(c)(8) ABN AMRO Bank N.V.

Amsterdam, The Netherlands

 Global Trust Organization, LLC

 New York, New York

Fed Reg – 5/21/1999

4(c)(8) ABN AMRO Holding N.V.

Amsterdam, The Netherlands

 Global Trust Organization, LLC

 New York, New York

Fed Reg – 5/21/1999

4(c)(8) Stichting Administratiekantoor ABN AMRO Holdings

Amsterdam, The Netherlands

 Global Trust Organization, LLC

 New York, New York

Fed Reg – 5/21/1999

4(c)(8) Stichting Prioriteit ABN AMRO Holding

Amsterdam, The Netherlands

 Global Trust Organization, LLC

 New York, New York

Fed Reg – 5/21/1999
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

78643 State Bank of Viroqua

101 N. Main Street

Viroqua, Wisconsin 54665

(608) 637-3127

12/18/1998 4/28/1999 O X

187947 Citizens State Bank

101 N. 15th

Clarinda, Iowa 51632-0119

(712) 542-2121

1/19/1999 4/30/1999 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, May 1, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Notice by Lemay Bank and Trust Company, St. Louis, Missouri,

to merge with LBT Interim Bank, St. Louis, Missouri.*

N/Avail.

* Subject to the 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 Notice involving Raymond Bancorp, Inc., Raymond, Illinois, by

Larry D. Wernsing, Raymond, Illinois (previously reported

during the week ending April 24, 1999).

Newspaper – 5/11/1999

Fed Reg – 5/14/1999

CIC Notice involving First Nokomis Bancorp, Inc., Nokomis,

Illinois, by Scherrie Viola Giamanco, Mt. Vernon, Illinois.

Newspaper – N/Avail.

Fed Reg – N/Avail.

4(c)(8) Notice by Commonwealth Bancshares, Inc., Shelbyville,

Kentucky, to acquire First Security Trust Bank, F.S.B., Florence,

Kentucky (in organization).*

Newspaper – 5/16/1999

Fed Reg – N/Avail.

3(a)(3) Notice by Central Bancompany, Inc., Jefferson City, Missouri,

to acquire Mid-Continent Bancshares, Inc., Blue Springs,

Missouri.*

Newspaper – N/Avail.

Fed Reg – N/Avail.

* 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

831576 Bank Tennessee

Collierville, Tennessee

1/4/1999 4/28/1999 S X

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, May 1, 1999

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

CIC Wittkopf Enterprises Limited Partnership, Florence, Wisconsin,

to acquire control of Florence Bancorporation, Inc., Florence,

Wisconsin

Newspaper - 5/3/1999

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

153054 The Northwestern Bank

Chippewa Falls, WI

1/4/1999 4/26/1999 S X

687250 Lake County Bank

St. Ignatius, MT

2/2/1999 4/28/1999 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, May 1, 1999

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) Bank Capital Corporation, Strasburg, Colorado, to acquire 100

percent of the voting shares of Citizens Holding Corporation,

Keenseburg, Colorado; and thereby indirectly acquire Citizens

State Bank, Keenesburg, Colorado.

Newspaper – N/Avail

Fed Reg – 05/31/1999

CIC Edward J. Snyder, Cedar Vale, Kansas, and Caroline Snyder

Blakeslee, Boise, Idaho, as Co-Trustees of the M.F. Jarvis Trust,

to acquire voting shares of Cornerstone Alliance, Ltd., Winfield,

Kansas; and thereby indirectly acquire First National Bank of

Winfield, Winfield, Kansas.

Newspaper – 05/20/1999

Fed Reg – 05/20/1999

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

4(c)(8) First National of Nebraska, Omaha, Nebraska, and its wholly

owned subsidiary Insync Investments, Ltd. d/b/a Information

Systems, Inc., to acquire Path Technology Group, Inc., and

thereby engage in data processing 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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, May 1, 1999

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

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, May 1, 1999

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) The Sanwa Bank, Limited, Osaka, Japan, to acquire up to 32

percent of The Toyo Trust and Banking Company, Limited,

Tokyo, Japan, which owns Toyo Trust Company of New York,

New York, New York. *

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(3) Wells Fargo & Company, San Francisco, California, to acquire

Eastern Heights Bank, Maplewood, Minnesota. *

Newspaper – 05/28/1999

Fed Reg – 05/14/1999

3(a)(3) Wells Fargo & Company, San Francisco, California, to acquire

Mustang Financial Corporation, Rio Vista, California. *

Newspaper – 05/23/1999

Fed Reg – 05/14/1999

* 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

4(c)(8) Philippine National Bank, Metro Manila, The Philippines, and

Century Holding Corporation, Beverly Hills, California, to

acquire PNB Remittance Centers, Inc., Los Angeles, California,

and thereby engage in money remittance activities.

Fed Reg – 05/20/1999

4(c)(8) Dai-Ichi Kangyo Bank, Tokyo, Japan, to indirectly acquire

Newcourt Credit Group, Inc., Toronto, Canada, through The CIT

Group, Inc., New York, New York.

Fed Reg – N/Avail
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member Santa Monica Bank, Santa Monica, California, 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

964362 Capital Bank of North County

2602 El Camino Real

P.O. Box 9007

Carlsbad, CA 92018-0807

(760) 434-3344

01/19/1999 04/26/1999 S X

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.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None