Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 43

Week Ending October 23, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions October 17, 1999 to October 23, 1999

Forms

Survey of Terms of Lending (FR 2028A, B, and S) -- extension without revision.

- Approved, October 21, 1999 

Regulations And Policies

Electronic delivery of disclosures to consumers -- extension to November 15, 1999, 

of the public comment period on revised proposals to allow electronic delivery of 

disclosures under Regulations B (Equal Credit Opportunity), E (Electronic Fund 

Transfers), M (Consumer Leasing), Z (Truth in Lending), and DD (Truth in Savings).

- Announced, October 18, 1999 

Foreign banking organizations -- interagency rule to extend the examination cycle for 

certain U.S. branches and agencies of foreign banks.

- Published, October 21, 1999 

Year 2000 standards -- interagency guidelines for safety and soundness of depository 

institutions.

- Approved, October 21, 1999 

(AC) = Addition or Correction Board - Page 1 of 1
October 17, 1999 to October 23, 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 Chase Manhattan Bank, New York, New York -- to establish a branch at 325 

Essjay Road, Williamsville.

- Approved, October 19, 1999 

New York

Crestar Bank, Richmond, Virginia -- to establish branches in a Wal-Mart at 7373 

Peppers Ferry Boulevard, Radford, and in the Virginia Center Marketplace shopping 

center, Glen Allen.

- Approved, October 20, 1999 

Richmond

Main Street Bank, Reading, Pennsylvania -- to establish branches at 15 Maplewood 

Drive, Amity Township, and 100 Progress Drive, Township of Doylestown.

- Approved, October 18, 1999 

Philadelphia

Premier Bank, Doylestown, Pennsylvania -- to establish a branch at the General 

Hancock Shopping Center, Horsham, and Upper State Roads, Montgomeryville.

- Approved, October 19, 1999 

Philadelphia

Bank Holding Companies

Area Bancshares Corporation, Owensboro, Kentucky -- to engage in financial and 

investment advisory activities and agency transactional services.

- Approved, October 19, 1999 

St. Louis

Bellevue Bancorporation, Inc., Bellevue, Iowa -- to acquire Bellevue Service Corp. 

Insurance Agency and thereby engage in insurance activities in towns with 

populations of less than 5,000.

- Approved, October 20, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority October 17, 1999 to October 23, 1999

Bank Holding Companies

First National Banc, St. Marys, Georgia -- to acquire First National Insurance 

Agency, Woodbine, and thereby engage in insurance agency activities.

- Approved, October 21, 1999 

Atlanta

First National of Nebraska, Inc., Omaha, Nebraska, and First National of Colorado, 

Inc., Ft. Collins, Colorado -- to acquire FNBJ Company, Johnstown, Colorado, to 

facilitate the merger of subsidiary banks, First National Bank of Johnstown and 

Union Colony Bank, Greeley.

- Approved, September 23, 1999 (AC)

Secretary

First Security Group, Inc., Chattanooga, Tennessee -- to engage in mortgage 

brokerage, loan, and credit extension activities.

- Approved, October 19, 1999 

Atlanta

Intermountain First Bancorp, Las Vegas, Nevada -- to become a bank holding 

company through the acquisition of Nevada State Bank.

- Approved, October 21, 1999 

San Francisco

Landesbank Baden-Wurttemberg, Stuttgart, Germany -- to engage de novo in certain 

leasing activities through its subsidiary, Sudleasing (USA) Corp., New York, New 

York.

- Approved, October 20, 1999 

New York

Miles Independent Bancorporation, Inc., Advance, Missouri -- to become a bank 

holding company through the acquisition of Miles Bancshares, Inc., and thereby 

indirectly acquire The Bank of Advance, The First National Bank of Lerna, Lerna, 

Illinois, and Bowen State Bank, Bowen.

- Approved, October 22, 1999 

St. Louis

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority October 17, 1999 to October 23, 1999

Bank Holding Companies

NATCOM Bancshares, Inc., Superior, Wisconsin -- to acquire New National Bank 

of Commerce in Superior, and a related application by National Bank of Commerce 

in Superior to become temporarily a bank holding company through the acquisition 

of New National Bank of Commerce in Superior.

- Approved, October 21, 1999 

Minneapolis

Rivers Ridge Holding Company, Edina, Minnesota -- to acquire BankVista, Sartell, a 

de novo bank.

- Withdrawn, October 22, 1999 

Minneapolis

SJN Banc Co., St. John, Kansas -- to become a bank holding company through the 

acquisition of shares of St. John National Bank.

- Approved, October 18, 1999 

Kansas City

South Central Bancshares of Kentucky, Inc., Horse Cave, Kentucky -- to acquire 

shares of First Deposit Bancshares, Inc., Tompkinsville, and thereby indirectly 

acquire Deposit Bank of Monroe County and South Central Savings Bank, FSB, 

Edmonton.

- Approved, October 22, 1999 

St. Louis

Village Bancorp, Inc., Prospect Heights, Illinois -- to acquire Village Bank and Trust 

of Munster, Munster, Indiana, a de novo bank.

- Approved, October 18, 1999 

Chicago

Bank Mergers

Union Colony Bank, Greeley, Colorado -- to merge with First National Bank of 

Johnstown, Johnstown, and to establish branches at the locations of its main office 

and branches.

- Approved, October 18, 1999 

Secretary

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority October 17, 1999 to October 23, 1999

Banks, State Member

NAB Bank, Chicago, Illinois -- to exercise trust powers.

- Withdrawn, October 19, 1999 

Chicago

Pennsylvania State Bank, Camp Hill, Pennsylvania -- to establish a trust department 

and provide fiduciary services.

- Approved, October 20, 1999 

Philadelphia

Change In Bank Control

Backlund Investment Company, Peoria, Illinois, and Backlund Scott Company -- 

change in bank control notices.

- Permitted, October 19, 1999 

Chicago

First International Bancshares, Inc., Corpus Christi, Texas -- change in bank control.

- Permitted, October 20, 1999 

Dallas

First National Bank of Gillette Holding Company, Gillette, Wyoming -- change in 

bank control.

- Permitted, October 20, 1999 

Kansas City

Hopedale Investment Company, Peoria, Illinois -- change in bank control notices.

- Permitted, October 19, 1999 

Chicago

Competitive Factors Reports

Bank of Upson, Thomaston, Georgia -- report on competitive factors of the 

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

Manchester and Warm Springs branches of Columbus Bank and Trust, Columbus.

- Submitted, October 20, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority October 17, 1999 to October 23, 1999

Competitive Factors Reports

City State Bank, Grimes, Iowa -- report on competitive factors of the proposed 

merger with Heartland Bankshares, Inc., Madrid.

- Submitted, October 22, 1999 

Chicago

First Security Bank of New Mexico, N.A., Albuquerque, New Mexico -- report on 

competitive factors of the proposed merger with First Security Bank of Southern 

New Mexico, N.A., Las Cruces.

- Submitted, October 21, 1999 

Kansas City

General Bank, Los Angeles, California -- report on competitive factors of the 

proposed merger with General Savings Bank of Washington, Bellevue, Washington.

- Submitted, October 14, 1999 (AC)

San Francisco

Kingfield Savings Bank, Kingfield, Maine -- report on competitive factors of the 

proposed merger with United Bank, Bangor.

- Submitted, October 7, 1999 (AC)

Boston

Union State Bank and Trust Company, Clinton, Missouri -- report on competitive 

factors of the proposed merger with Citizens State Bank of Calhoun.

- Submitted, October 21, 1999 

Kansas City

Wilson & Muir Bank & Trust Company, Bardstown, Kentucky -- report on 

competitive factors of the proposed acquisition of Farmers Bank of Vine Grove, 

Vine Grove.

- Submitted, October 21, 1999 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority October 17, 1999 to October 23, 1999

Extensions Of Time

American Heartland Bancshares, Inc., Sugar Grove, Illinois -- extension to February 

5, 2000, to become a bank holding company through the acquisition of American 

Heartland Bank and Trust, a de novo bank.

- Granted, October 12, 1999 (AC)

Chicago

Community Bank Minnesota Employee Stock Ownership Plan, Owatonna, 

Minnesota -- extension to January 24, 2000, to become a bank holding company by 

increasing its interest in Owatonna Bancshares, Inc.

- Granted, October 20, 1999 

Minneapolis

Northwest Financial Corp., Spencer, Iowa -- extension to February 4, 2000, to 

acquire Gateway Savings Bank, Ankeny, a de novo bank.

- Granted, October 18, 1999 

Chicago

International Operations

Citibank, N.A., New York, New York -- waiver of remainder of notification period 

to establish a branch in Tel Aviv, Israel.

- Granted, October 21, 1999 

Director, BS&R

Membership

Citizens Community Bank, South Hill, Virginia -- membership in the Federal Reserve 

System.

- Approved, October 19, 1999 

Richmond

Reserve Bank Operations

Federal Reserve Bank of New York -- to act as fiscal agent in connection with the 

proposed issue by the Asian Development Bank and the Inter-American 

Development Bank of United States Dollar Global Bonds.

- Approved, October 19, 1999 

General Counsel

(AC) = Addition or Correction Delegated - Page 6 of 6
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, October 23, 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, October 23, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banca Intessa S.P.A., Milano, Italy, to establish a branch in New

York, New York, and to establish representative offices in

Chicago, Illinois and San Francisco, California.

Newspaper – N/Avail

Branch Manufacturers and Traders Trust Company, Buffalo, New York,

to establish a branch office located at 1111 Route 110, 3rd Floor,

Town of Babylon, New York.*

Newspaper – 11/04/1999

FBSEA UBS AG, Zurich, Switzerland, to establish a representative

office in Boston, Massachusetts.

Newspaper – N/Avail

FBSEA Credit Commercial de France, Paris, France, to establish a

representative office in New York, New York.

Newspaper – N/Avail

Branch Banco Popular North America, New York, New York, to

establish a branch office located at 633 State Street at Hall

Avenue, Perth Amboy, New Jersey.*

Newspaper – 11/11/1999

* 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

4(c)(8) North Fork Bancorporation, Inc., Melville, New York, to acquire

an existing thrift holding company, and indirectly acquire

Jamaica Savings Bank FSB, both of Lynbrook, New York.*

Newspaper – 11/12/1999

Fed Reg – 11/04/1999

4(c)(8) North Fork Bancorporation, Inc., Melville, New York, to acquire

an existing thrift holding company, and indirectly acquire

Reliance Federal Savings Bank, both of Garden City, New

York.*

Newspaper – 11/12/1999

Fed Reg – 11/04/1999

3(a)(1)/3(a)(3) China Trust Capital A/S, Denmark (“AS”), to form a bank

holding company and acquire direct or indirect control of China

Trust Capital BV, Amsterdam, Netherlands, China Trust

Holdings Corp., New York, New York, and China Trust Bank

(U.S.A.), Torrance, California; and for China Trust Holdings

N.V., Curacao, Netherlands Antilles, to acquire control of AS.*

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

4(c)(8) UBS AG, Zurich, Switzerland, to acquire, indirectly through

UBS (USA) Inc., Stamford, Connecticut, (i) 100 percent of the

voting shares of ARI Acquisition Corporation, Boston,

Massachusetts, and (ii) 100 percent of the membership interest

of Allegis Realty Investors, LLC, Hartford, Connecticut;

AgriVest LLC, Boston, Massachusetts; and Allegis Capital

LLC, Hartford, Connecticut, and thereby engage in certain

nonbanking activities.

Fed Reg – 11/08/1999

4(c)(8) Chase Manhattan Corporation, New York, New York, to acquire

all of the stock of Hambrecht & Quist Group, Inc., San

Francisco, California, and thereby engage worldwide in:

underwriting and dealing in, to a limited extent, all types of debt

and equity securities other than interests in open-end investment

companies; certain nonbanking activities; and acting as the

general partner of private investment limited partnerships that

invest in assets in which a bank holding company is permitted to

invest.

Fed Reg – 11/04/1999

4(c)(8) Fuji Bank, Ltd., Tokyo, Japan, to establish through Heller

Financial, Inc., Chicago, Illinois (“Heller”), a joint-venture

between Heller’s indirect, wholly-owned subsidiary, Heller

Financial Leasing, Inc., Troy, Michigan, and SFS Holding

Corporation, Park Ridge, New Jersey, an indirect, wholly-owned

subsidiary of SONY Corporation, Tokyo, Japan, and thereby

engage in various nonbanking activities.

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

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, October 23, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Madison Bank, Blue Bell, PA, to establish a branch office at 100

Gibraltar Road, Pennsylvania Business Campus, Horsham, PA

11/05/1999

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.

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, October 23, 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, October 23, 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 of America Corporation and NB Holdings Corporation,

both of Charlotte, North Carolina, to retain in a fiduciary

capacity 19.6% shares of Lake-Osceola State Bank, Baldwin,

Michigan.*

Fed Reg - 11/19/1999

Newspaper - 11/17/1999

CIC James Walter Ratliff to retain over 10% of the voting shares

of GNB Bankshares Corporation, Grundy, Virginia.*

Fed Reg - N/Avail

Newspaper - 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

Foreign Bank of America, N.A., Charlotte, North Carolina, to establish

two subsidiaries of its London branch.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

4(a)(8) Bay Banks of Virginia, Inc., Kilmarnock, Virginia, to engage

de novo in trust company functions and securities brokerage

activities through a subsidiary to be known as Bay Trust Bank,

Kilmarnock, Virginia.

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

34425 Bank of Lancaster

100 South Main Street

Kilmarnock, Virginia 22482

08/02/1999 10/20/1999 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, October 23, 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) Overton Merger Corporation, Livingston, Tennessee, to become

a bank holding company by acquiring Overton Financial

Services, Inc., Livingston, Tennessee, and thereby acquire

Union Bank & Trust Company, Livingston, Tennessee.

Newspaper – 11/20/1999

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) Hartford Financial Corporation, Hartford, Alabama, prior notice

to establish City Insurance and Financial Services, Inc.,

Hartford, Alabama (in organization), and thereby engage de

novo in insurance agency 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 N/A

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, October 23, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) and

 Branch

Midwest Bank of Western Illinois

Monmouth, Illinois

 Aldeo branch office of Associated Bank Illinois,

 National Association

 Rockford, Illinois

 and establish a branch at 104 Southeast 3rd Avenue

 Aledo, Illinois

Newspaper – N/Avail

Branch Old Kent Bank

Grand Rapids, Michigan

 1332 Hilltop Road

 St. Joseph, Michigan

Newspaper – 10/18/1999

Branch Old Kent Bank

Grand Rapids, Michigan

 125 Cady Centre

 Northville, Michigan

 33505 Schoolcraft Road

 Livonia, Michigan

 9050 Highland Road

 White Lake Township, Michigan

 Canton Center

 Canton, Michigan

Newspaper – 10/03/1999

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

Type Application

Ending date of

comment period

3(a)(3) Lake Michigan Financial Corporation*

Holland, Michigan

 The Bank of Northern Michigan (in organization)

 Petoskey, Michigan

Fed Reg – 10/01/1999

Newspaper – 11/06/1999

3(a)(3) Great River Banshares Corporation*

Burlington, Iowa

 Henry County Bank (in organization)

 Mt. Pleasant, Iowa

Fed Reg – 11/08/1999

Newspaper – 11/04/1999
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

CIC Deerfield Financial Corporation

Madison, Wisconsin

 By Paul James Senty, Amy Catherine Hegenbarth

 and James Herbert Hegenbarth

Fed Reg – 11/10/1999

Newspaper – 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.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

234346 F&M Bank – New London

401 W. North Street

New London, Wisconsin 54961

(920) 982-4410

06/28/1999 10/19/1999 S X

457547 Union Bank

201 E. Main Street

Streator, Illinois 61364

(815) 673-3333

05/03/1999 10/21/1999 O X

919942 Humboldt Trust & Savings Bank

506 Sumner Avenue

Humboldt, Iowa 50548-0037

(515) 332-1451

07/19/1999 10/21/1999 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, October 23, 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

790150 Bank of Iberia

Iberia, Missouri

6/28/1999 10/22/1999 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, October 23, 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) Truman Bancshares, Inc., Truman, Minnesota, for prior approval

to acquire 100% of the voting shares of Martin County Fidelity

Bancshares Company, Fairmont, Minnesota.*

Fed Reg - 11/18/1999

3(a)(1) Martin County Fidelity Bancshares Company, Fairmont,

Minnesota, for prior approval to become a bank holding

company through the acquisition of 87.65% of the voting shares

of Martin County National Bank, Fairmont, Minnesota.*

Fed Reg - 11/18/1999

*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

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

687951 First Western Bank & Trust

Minot, North Dakota

07/06/1999 10/18/1999 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, October 23, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Union Bank of Chandler, Chandler, Oklahoma, to establish a

branch at 5727 S. Lewis, Suite 100, Tulsa, Oklahoma.

Newspaper - 10/22/1999

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

Type Application

Ending date of

comment period

CIC Piton, L.P., and Ram’s Horn, L.P., both of Tulsa, Oklahoma, to

acquire 12 percent of the voting shares of Sooner Southwest

Bankshares Corporation, Inc., Tulsa, Oklahoma, and thereby

indirectly acquire Security First National Bank of Hugo, Hugo,

Oklahoma, and Community Bank, Bristow, Oklahoma.

Newspaper – 11/04/1999

Fed Reg – 11/04/1999

CIC Craig G. Brewster, Butte, Nebraska, to acquire voting shares of

Butte State Company, Butte, Nebraska, and thereby indirectly

acquire Butte State Bank, Butte, Nebraska.

Newspaper – 09/15/1999

Fed Reg – 11/15/1999

3(a)(3) Farmers & Merchants Investment, Inc., Milford, Nebraska, to

acquire 19.6 percent of the voting shares of North Central

Bancorp, Inc., Norfolk, Nebraska, and thereby indirectly acquire

Bank of Norfolk, Norfolk, Nebraska

Newspaper - 11/15/1999

Fed Reg - 11/19/1999

3(a)(3) Team Financial, Inc. ESOP, Team Financial, Inc., and Team

Financial Acquisition Subsidiary, Inc., all of Paola, Kansas, to

acquire 100 percent of the voting shares of ComBankshares,

Inc., Prairie Village, Kansas, and thereby indirectly acquire

Community Bank, Chapman, Kansas.

Newspaper - 11/10/1999

Fed Reg - 11/05/1999

3(a)(5) Community Bancshares, Inc., Chanute, Kansas, to merge with

Edna Bancshares, Inc., Edna, Kansas, and thereby indirectly

acquire First State Bank, Edna, Kansas.

Newspaper - 11/20/1999

Fed Reg - 11/15/1999
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

Member Bank of Elgin, Elgin, Nebraska, for membership in the Federal

Reserve System.

4(c)(8) ANB Bankcorp, Inc., Bristow, Oklahoma, to engage de novo 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

795052 People First Bank

Elkhart, Kansas

07/26/1999 10/19/1999 NI X

151555 First Bank of Chandler

Chandler, Oklahoma

08/02/1999 10/20/1999 O X
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, October 23, 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 Jo Bess Jackson, Dallas, TX, to acquire an interest in

First Sonora Bancshares, Inc., Sonora, TX

(previously reported the week ending October 2, 1999)

Fed Reg – 10/22/1999

Newspaper – 10/27/1999

3(a)(3) North American Bancshares, Inc., Sherman, TX, to acquire

Marble Falls National Bancshares, Inc., Marble Falls, TX, and

Marble Falls National Bank, Marble Falls, TX*

(previously reported the week ending October 16, 1999)

Fed Reg – 11/15/1999

Newspaper – 11/15/1999

3(a)(5) Texas Independent Bancshares, Inc., Texas City, TX, to acquire

American Independent Bancshares, Inc., Santa Fe, TX, and

Texas First Bank, Santa Fe, TX*

(previously reported the week ending October 16, 1999)

Fed Reg – 11/15/1999

Newspaper – 11/14/1999

4(c)(8) Eagle Bancshares, Inc., Fairfield, TX, and Fairfield Holdings,

Inc., Fairfield, TX, to acquire Texas Bank, S.S.B., Buffalo, TX

(de novo), and thereby engage de novo operating of a savings

association

Fed Reg – 08/18/1999

Newspaper – 08/30/1999

*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

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, October 23, 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) FNB Bancorp, Layton, Utah, to become a bank holding

company by acquiring The First National Bank of Layton,

Layton, Utah.*

Newspaper – N/Avail

Fed Reg – 11/22/1999

CIC Imperial Credit Industries, Inc., Torrance, California, to acquire

approximately 14.7 percent of Bay View Capital Corporation,

San Mateo, California.*

Newspaper – N/Avail

Fed Reg – 11/12/1999

CIC Steven A. Petterson, San Luis Obispo, California, to

retroactively acquire 20.04 percent of First Bancshares, Inc., San

Luis Obispo, California.*

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

3(a)(5)(C) Business Bancorp, San Bernardino, California, to become a bank

holding company by acquiring Business Bank of California, San

Bernardino, California.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member Business Bank of Nevada, Las Vegas, Nevada, to become a

member of the Federal Reserve System.

Waiver SJNB Financial Corp., San Jose, California, requests for waiver

of any Bank Holding Company Act application requirement in

connection with the merger with Saratoga Bancorp and the

subsequent merger of Saratoga National Bank with and into San

Jose National Bank.

Waiver East West Bancorp, San Marino, California, requests for waiver

of any Bank Holding Company Act application requirement in

connection with the proposed acquisition of America

International Bank, Los Angeles, California, which will be

merged into East-West, San Marino, 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

738367 Bank of Orange County

10101 Slater Avenue

P.O. Box 8707

Fountain Valley, CA 92728-8707

(714) 964-6607

06/14/1999 10/19/1999 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