Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 22

Week Ending May 27, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions May 21, 2000 to May 27, 2000

Testimony And Statements

Predatory Lending -- statement by Governor Gramlich before the House Committee 

on Banking and Financial Services, May 24, 2000.

- Published, May 24, 2000 

Reserve Bank Operations

Automated Clearinghouse Transactions -- request for additional public comments on 

proposed modifications of the Federal Reserve Banks' deposit deadlines and pricing 

practices for transactions they exchange with private-sector ACH operators (Docket 

R-1037).

- Approved, May 22, 2000 

(AC) = Addition or Correction Board - Page 1 of 1
May 21, 2000 to May 27, 2000

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 of Nashville, Nashville, Tennessee -- to establish a branch at Carothers 

Parkway and Bakers Bridge Road, Franklin.

- Approved, May 22, 2000 

Atlanta

Bank of Orange County, Fountain Valley, California -- to establish a branch office at 

12215 Telegraph Road, Santa Fe Springs.

- Approved, May 24, 2000 

San Francisco

California Center Bank, Los Angeles, California -- to establish a branch at 1080 

South Mount Vernon Avenue, Colton.

- Approved, May 24, 2000 

San Francisco

Heritage Bank, Louisville, Colorado -- to establish a branch at 6800 North 79th 

Street, Suite 103, Niwot.

- Approved, May 24, 2000 

Kansas City

Irwin Union Bank and Trust Company, Columbus, Indiana -- to establish a branch at 

880 Munson Drive, Suite A, Traverse City, Michigan.

- Approved, May 25, 2000 

Chicago

M&I Thunderbird Bank, Phoenix, Arizona -- to establish a branch at 1200 North 

Wilmot Road.

- Approved, May 25, 2000 

San Francisco

Main Street Bank, Reading, Pennsylvania -- to establish a limited service facility at 

101 Plaza Drive, Downingtown.

- Withdrawn, May 25, 2000 

Philadelphia

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority May 21, 2000 to May 27, 2000

Bank Branches, Domestic

Pennsylvania State Bank, Camp Hill, Pennsylvania -- to establish a branch at 715 

Wertzville Road, Enola.

- Approved, May 23, 2000 

Philadelphia

Republic Security Bank, West Palm Beach, Florida -- to establish a branch at 450 

North Pine Island Road, Plantation.

- Approved, May 25, 2000 

Atlanta

Bank Holding Companies

The Bancorp.com, Inc., Wilmington, Delaware -- to become a bank holding 

company through the acquisition of TB.com Bank.

- Approved, May 22, 2000 

Philadelphia

Bank of Kentucky Financial Corporation, Florence, Kentucky -- to acquire Fort 

Thomas Financial Corporation, Fort Thomas, and Fort Thomas Savings Bank, FSB.

- Approved, May 25, 2000 

Cleveland

Carolina First Corporation, Greenville, South Carolina -- to merge with Anchor 

Financial Corporation, Myrtle Beach.

- Approved, May 22, 2000 

Richmond

Coast Community Bancshares, Inc., Biloxi, Mississippi -- waiver of a commitment.

- Withdrawn, May 26, 2000 

Atlanta

Ellingson Corporation, Kenyon, Minnesota -- to engage in general insurance agency 

activities in a town with a population not exceeding 5,000 through the acquisition of 

assets of Peterson Insurance Agency.

- Approved, May 25, 2000 

Minneapolis

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority May 21, 2000 to May 27, 2000

Bank Holding Companies

Eonebanc Corporation, Manchester, New Hampshire -- to become a bank holding 

company through the acquisition of First Alliance Bank and Trust Company.

- Approved, May 25, 2000 

Boston

Firstbank Corporation, Alma, Michigan -- to acquire Firstbank-St. Johns, St. Johns, a 

de novo bank.

- Approved, May 26, 2000 

Chicago

FNB Shares, Inc., McConnelsville, Ohio -- request for waiver of application in 

connection with the merger of FNB's subsidiary bank, First National Bank of 

McConnelsville, with Junction City Banking Company, Junction City.

- Granted, May 25, 2000 

Cleveland

Frontier Financial Corporation, Everett, Washington -- to merge with Liberty Bay 

Financial Corporation, Poulsbo, and thereby acquire North Sound Bank.

- Approved, May 24, 2000 

San Francisco

Island Bancorp, Inc., Edgartown, Massachusetts -- to acquire The Edgartown 

National Bank.

- Approved, May 25, 2000 

Boston

Mayville Financial Corporation, Mayville, Michigan -- to become a bank holding 

company through the acquisition of Mayville State Bank.

- Approved, May 25, 2000 

Chicago

MBT Financial Corp., Monroe, Michigan -- to become a bank holding company 

through the acquisition of Monroe Bank & Trust.

- Approved, May 26, 2000 

Chicago

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority May 21, 2000 to May 27, 2000

Bank Holding Companies

Merchants Bancorp, Gresham, Oregon -- to become a bank holding company 

through the acquisition of Merchants Bank.

- Approved, May 26, 2000 

San Francisco

Starbanc Holding Company, Inc., Fort Worth, Texas -- to become a bank holding 

company through the acquisition of Star Bank of Texas.

- Approved, May 26, 2000 

Dallas

Wells Fargo & Company, San Francisco, California -- to acquire 1st Choice Financial 

Corp., Greeley, Colorado, and thereby acquire 1st Choice Bank.

- Approved, May 24, 2000 

San Francisco

Bank Mergers

Bank of Orange County, Fountain Valley, California -- to merge with CalWest Bank, 

Torrance.

- Approved, May 25, 2000 

San Francisco

Bank Premises

Farmers and Miners Bank, Pennington Gap, Virginia -- investment in bank premises.

- Approved, May 22, 2000 

Richmond

Banks, Nonmember, And Miscellaneous Institutions

CitiFinancial Services, Inc., Baltimore, Maryland -- deregistration under Regulation 

U of its corporations chartered in California, Texas, and Maryland.

- Approved, May 23, 2000 

Richmond

Change In Bank Control

BOC Banshares, Inc., Chouteau, Oklahoma -- change in bank control.

- Permitted, May 15, 2000 (AC)

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority May 21, 2000 to May 27, 2000

Change In Bank Control

First National Bancshares of Louisiana, Inc., Alexandria, Louisiana -- change in bank 

control. 

- Permitted, May 25, 2000 

Atlanta

Competitive Factors Reports

Citibank, N.A., New York, New York -- report on competitive factors of the 

proposed purchase of the retail deposits of the Madison Avenue branch of The Bank 

of Tokyo-Mitsubishi Trust Company.

- Submitted, May 25, 2000 

New York

Farmers Building and Savings Bank, Rochester, Pennsylvania -- report on 

competitive factors of the proposed merger with Cammar Building and Loan 

Association, Monaca.

- Submitted, May 18, 2000 (AC)

Cleveland

Finger Lakes Interim Savings Bank, Geneva, New York -- report on competitive 

factors of the proposed merger with Savings Bank of the Finger Lakes, FSB.

- Submitted, May 24, 2000 

New York

Fort Thomas Savings Bank, FSB, Fort Thomas, Kentucky -- report on competitive 

factors of the proposed merger with The Bank of Kentucky, Inc., Florence.

- Submitted, May 25, 2000 

Cleveland

Home Federal Bank, Hamilton, Ohio -- report on competitive factors of the 

proposed merger with First National Bank of Southwest Ohio.

- Submitted, May 18, 2000 (AC)

Cleveland

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority May 21, 2000 to May 27, 2000

Competitive Factors Reports

InterWest Bank, Oak Harbor, Washington -- report on competitive factors of the 

proposed merger with Pacific Northwest Bank, Seattle, and Bank of Tukwila, N.A., 

Tukwila.

- Submitted, May 26, 2000 

San Francisco

The Junction City Banking Company, Junction City, Ohio -- report on competitive 

factors of the proposed merger with The First National Bank of McConnelsville, 

McConnelsville.

- Submitted, May 18, 2000 (AC)

Cleveland

Nazareth National Bank & Trust Company, Nazareth, Pennsylvania -- report on 

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

certain liabilities of two branches of Commonwealth Bank, Valley Forge.

- Submitted, May 25, 2000 

Philadelphia

New Liberty Bank, Plymouth, Michigan, a de novo bank -- report on competitive 

factors of the proposed acquisition of a branch of Peoples State Bank, Hamtramck.

- Submitted, May 26, 2000 

Chicago

Norwest Bank Minnesota North, N.A., Norwest Bank Minnesota South, N.A., 

Norwest Bank Minnesota West, N.A., Norwest Bank Minnesota Southwest, N.A. -- 

report on competitive factors of the proposed merger with Norwest Bank Minnesota, 

N.A., Minneapolis.

- Submitted, May 25, 2000 

San Francisco

San Benito Bank, Hollister, California -- report on competitive factors of the 

proposed merger with Interim San Benito, Inc., Santa Barbara.

- Submitted, May 24, 2000 

San Francisco

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority May 21, 2000 to May 27, 2000

Competitive Factors Reports

SunTrust Bank, Atlanta, Georgia -- report on competitive factors of the proposed 

merger with STSC Leasing Corporation.

- Submitted, May 24, 2000 

Atlanta

Extensions Of Time

BancWest Corporation, Honolulu, Hawaii, and Zions Bancorporation, Salt Lake 

City, Utah -- extension to August 18, 2000, to acquire shares of Bank Network 

Securities, Chicago, Illinois. 

- Granted, May 25, 2000 

San Francisco

Bank of America Corporation, Charlotte, North Carolina, and First Union 

Corporation; BB&T Corporation, Winston-Salem, North Carolina, and Wachovia 

Corporation -- extension to August 18, 2000, to acquire through Star Systems, Inc., 

Maitland, Florida, shares of Bank Network Securities, Chicago, Illinois.

- Granted, May 25, 2000 

Richmond

BB&T Corporation, Winston-Salem, North Carolina -- extensions to August 24, 

2000, to merge with Hardwick Holding Company, Dalton, Georgia, and to August 

25, 2000, to merge with First Banking Company of Southeast Georgia, Statesboro.

- Granted, May 24, 2000 

Richmond

State Bancorp, Inc. Employee Stock Ownership Plan, New Hyde Park, New York -- 

extension to May 28, 2001, to acquire additional shares of State Bancorp, Inc.

- Granted, May 24, 2000 

New York

Financial Holding Companies

Community Holdings Corporation, Palos Hills, Illinois -- election to become a 

financial holding company.

- Effective, May 23, 2000 

Chicago

(AC) = Addition or Correction Delegated - Page 7 of 7
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, May 27, 2000

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 27, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banco Comercial Portugues, S.A., Porto, Portugal, to establish a

representative office in Miami, Florida.

Newspaper – N/Avail

FBSEA Arab Banking Corporation (B.S.C.), Manama, Bahrain, to

establish a federally licensed uninsured branch in Greenwich,

Connecticut.

Newspaper – N/Avail

FBSEA The Chuo Trust & Banking Co., Ltd., Tokyo, Japan, to establish

a representative office in New York, New York.

Newspaper – N/Avail

FBSEA Banco Itau S.A., Sao Paulo, Brazil, to establish a representative

office in Miami, Florida.

Newspaper – N/Avail

FBSEA Banca Antoniana Popolare Veneta, Rome, Italy, to establish a

branch office in New York, New York.

Newspaper – N/Avail

FBSEA Banco Comercial Portugues, S.A., Oporto, Portugal, to establish

a branch office in New York, New York, and an agency in

Miami, Florida.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) Australia and New Zealand Banking Group Limited, Melbourne,

Australia, to become a bank holding company by acquiring

Amerika Samoa Bank, Pago Pago, American Samoa .*

Newspaper – 06/09/2000

Fed Reg – 06/19/2000

* 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

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 27, 2000

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)(5) Fulton Financial Corporation, Lancaster, PA, to acquire Skyland

Financial Corporation, Hackettstown, NJ, and its subsidiary

bank Skylands Community Bank, Hackettstown, NJ.

Newspaper: 06/23/2000

Fed. Reg.: 06/23/2000

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 27, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Received notice from Heartland Bank, Croton, OH on 05/22/2000

of its intent to establish a branch at the corner of South State Street

and Cherrington Road, Westerville, OH.

05/22/2000

Branch Received notice from The State Bank and Trust Company,

Defiance, OH on 05/24/2000 of its intent to establish a branch at

137 South Main Street, Suite 302, Akron, OH.

06/15/2000

18(C) Received application on 05/26/2000 from Somerset Trust

Company, Somerset, PA to merge with Somerset Interim Bank,

Somerset, PA.

06/22/2000

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

3(a)(5)(c) Received Section 3 notification on 05/26/2000 from Somerset

Trust Holding Company, Somerset, PA of its intent to acquire the

outstanding voting shares of Somerset Trust Comoany, Somerset,

PA.

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

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, May 27, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch at

Route 3 and Waugh Chapel Road, Crofton, Maryland.*

Newspaper – 06/02/2000

Branch First Virginia Bank-Colonial, Richmond, Virginia, to establish

a branch in Lakewood Manor at 1900 Lauderdale Drive,

Richmond, Virginia .*

Newspaper – 06/09/2000

18(c) F & M Bank-Emporia, Emporia, Virginia, to purchase certain

assets and to assume certain liabilities of four branch offices

of Wachovia Bank, National Association, Winston-Salem ,

North Carolina, located in the cities of Blackstone, Franklin,

Kenbridge, and Drakes Branch, Virginia.*

Newspaper – 06/22/2000

18(c) James River Bank, Waverly, Virginia, to purchase certain

assets and to assume certain liabilities of a branch office of

One Valley Bank-Central Virginia, National Association,

Lynchburg, Virginia, located at 524 North Main Street,

Emporia, Virginia .*

Newspaper – 06/27/2000

18(c) Bank of Suffolk, Suffolk, Virginia, to merge with James River

Bank/Colonial, Smithfield, Virginia.*

Newspaper – 06/27/2000

*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

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

Section 25 Capital One Bank, Glen Allen, Virginia, to establish a wholly

owned subsidiary bank in 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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, May 27, 2000

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

4(c)(8) Regions Financial Corporation, Birmingham, Alabama, prior

notice to acquire Heritage Mortgage Company, Hutto, Texas,

and thereby engage in making, acquiring, brokering, or servicing

loans or other extensions of credit.

Member SouthTrust Bank, N.A., Birmingham, Alabama, to become a

member of the Federal Reserve System.

Member Centura Card Bank, Norcross, Georgia, 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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, May 27, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Old Kent Bank, Grand Rapids, Michigan, for prior approval to

establish a branch at 3866 E. Grand River, Howell, Michigan.*

Newspaper – 05/12/2000

18(c) Old Kent Bank, Grand Rapids, Michigan, for prior approval to

merge with Grand Premier Trust and Investment, N.A., Freeport,

Illinois*

Newspaper - 06/11/2000

* 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

3(a)(1) Lafayette Community Bancorp, Lafayette, Indiana, for prior

approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of Lafayette

Community Bank (in organization), Lafayette, Indiana.*

Fed Reg – 06/19/2000

Newspaper – N/Avail

3(a)(3) Northwest Financial Corporation, Spencer, Iowa, proposes to

acquire at least 98.49 percent of Marquette Bank Oelwein, N.A.,

Oelwein, Iowa.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Mahaska Investment Company ESOP, Oskaloosa, Iowa,

proposes to acquire an additional 2.29 percent of Mahaska

Investment Company. The shares are being obtain through the

merger of Midwest Bancshares, Inc. ESOP, Burlington, Iowa.

ESOP's aggregate ownership will be 13.87 percent.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Antioch Holding Company, Antioch, Illinois, for prior approval

to acquire up to 24.99 percent of Lakes Region Bancorporation,

Inc., Third Lake, Illinois.*

Fed Reg - N/Avail

Newspaper - 06/12/2000

* 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) First Merchants Corporation, Muncie, Indiana, to engage de

novo through its subsidiary, First Merchants Reinsurance Co.

Ltd., in the reinsuring of credit life, credit accident and health

insurance.

Fed Reg - N/Avail

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

709143 Midwest Bank of Western Illinois

100 E. Broadway

Monmouth, Illinois 61462

(309) 734-2265

11/08/1999 05/24/2000 O 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 27, 2000

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 Notice involving M&F Financial Corporation, Dumas,

Arkansas, by Ann Doolin Adcock, Dumas, Arkansas.

Newspaper – 6/3/2000

Fed Reg – 6/5/2000

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

24A Notice by The Bank of Yellville, Yellville, Arkansas, to make an

additional investment in bank premises.
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, May 27, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & BKBR Valley Bank of Ronan, Ronan, Montana, to purchase the assets

and assume the liabilities of the Thompson Falls, Montana

branch of Glacier Bank, Kalispell, Montana and incident thereto

establish a branch at 1222 Maiden Lane, Thompson Falls,

Montana .*

06/29/2000

*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 John L. Franklin to acquire control of 1 st United Bancorporation,

Inc., Sidney, Montana.

Fed Reg - 06/19/2000

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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, May 27, 2000

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) Three Rivers Bankshares, Inc., Fort Gibson, Oklahoma, to

become a bank holding company through the acquisition of 100

percent of the voting shares of Fort Gibson Bancshares, Inc.,

Fort Gibson, Oklahoma, and thereby indirectly acquire Fort

Gibson State Bank, Fort Gibson, Oklahoma.

Newspaper - 06/11/2000

Fed Reg - 06/12/2000

3(a)(3) Heritage Group, Inc., Aurora, Colorado, to acquire 100 percent

of the voting shares of City National Bank and Trust Company,

Hastings, Nebraska.

Newspaper - N/Avail

Fed Reg - 06/19/2000

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

Member Arvest Bank, Joplin, Missouri, for membership in the Federal

Reserve System.

Member Community Banks of Colorado, Cripple Creek, Colorado, for

membership in the Federal Reserve System.

S/R PCI Holdings, Inc., Saint Marys, Kansas, to redeem 2,345 shares

of its own voting common 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

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 27, 2000

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) Northwest Bancorporation, Inc., Houston, TX, to acquire

Redstone Bancorporation, Inc., Houston, TX, and

Redstone Bank, N.A., Houston, TX*

(previously reported the week ending May 20, 2000)

Fed Reg – 06/15/2000

Newspaper – 06/12/2000

CIC Sharon Lord Caskey, Georgetown, TX, et al, to acquire an

interest in First Texas Bancorp, Inc., Georgetown, TX

Fed Reg – 06/10/2000

Newspaper – 06/14/2000

* 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

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 27, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Community Bank of Nevada, Las Vegas, Nevada, to establish a

branch office at 375 North Stephanie Street, Henderson,

Nevada.*

Newspaper - 06/01/2000

* 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) North Bay Bancorp, Napa, California, to acquire Solano Bank

(In Organization), Vacaville, California .*

Newspaper - 06/16/2000

Fed Reg - 06/26/2000

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Silicon Valley Bancshares, Inc., Santa Clara, California, to

engage directly, or indirectly, in acting as investment or

financial advisor through its subsidiary, SVB Strategic Investors

Fund, L.P., Santa Clara, California.

06/14/2000

Fed Reg - Federal Register Comment Period Ending Date
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Waiver Business Bank of California, San Bernardino, California,

requests a waiver of any Bank Holding Company Act

application requirement in connection with its proposed merger

with Valley Merchants Bank, N.A., Hemet, California.

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