Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 39

Week Ending September 25, 2004

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 19, 2004 to September 25, 2004

Bank Holding Companies

F.N.B. Corporation, Hermitage, Pennsylvania -- to acquire Slippery Rock Financial 

Corporation, Slippery Rock, and its subsidiary, The First National Bank of Slippery 

Rock.

- Approved, September 23, 2004 

Board Operations

Management Division -- appointment of Darrell Pauley as Deputy Director, Human 

Resources and Facilities; Steve Clark as Senior Associate Director; Christine Fields as 

Associate Director and Personnel Security Officer, Employee Services; Donald Spicer as 

Associate Director, Facilities Services; Billy Sauls as Associate Director and Chief of 

Security; James Riesz as Assistant Director, Technology and Compliance; Charles 

O'Malley as Assistant Director, Security Services; and Marsha Reidhill as Associate 

Director, Corporate Services.

- Approved, September 23, 2004 

Discount Rates

Discount and Advance Rates -- increase in the primary credit rate from 2-1/2 percent to 

2-3/4 percent by twelve Federal Reserve Banks.

- Approved, September 21, 2004 

Regulations And Policies

Policy Statement on Payments System Risk -- revisions to modify the daylight overdraft 

measurement rules for interest and redemption payments on securities issued by 

government-sponsored enterprises and certain international organizations, change the 

treatment of the general corporate account activity of those entities, and update the policy 

to reflect changes in operating hours of the Fedwire Funds Service and certain other 

technical changes (Docket No. OP-1182).

- Approved, September 22, 2004 

(AC) = Addition or Correction Board - Page 1 of 1
September 19, 2004 to September 25, 2004

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 Systems

International Finance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Arvest Bank, Fayetteville, Arkansas -- to establish a branch at 1810 North First Street, 

Jacksonville.

- Approved, September 24, 2004 

St. Louis

Equitable Bank, Fort Lauderdale, Florida -- to establish a branch at 2800 East Oakland 

Park Boulevard.

- Approved, September 24, 2004 

Atlanta

Fifth Third Bank, Cincinnati, Ohio -- to establish branches at 306 Clinton Street, 

Defiance, and 1236 South Main Street, Bryan.

- Approved, September 24, 2004 

Cleveland

Fifth Third Bank, Grand Rapids, Michigan -- to establish a branch at 13904 Shelbyville 

Road, Louisville, Kentucky

- Approved, September 22, 2004 

Cleveland

Gateway Bank & Trust Co., Elizabeth City, North Carolina -- to establish branches at 

100 Moyock Commons Drive, Moyock; 1580 Laskin Road, Virginia Beach, Virginia; 

and 2098 Princess Anne Road.

- Approved, September 22, 2004 

Richmond

JPMorgan Chase Bank, New York, New York -- to establish branches at 65 Worth 

Street; 8921 Queens Boulevard, Elmhurst; the intersection of Route 9 North and Lanes 

Mill Road, Howell, New Jersey; 32 Broad Street, Red Bank; and 125 Broad Street, 

Elizabeth.

- Approved, September 24, 2004 

New York

(AC) = Addition or Correction Delegated - Page 1 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Bank Branches, Domestic

Palm Beach County Bank, West Palm Beach, Florida -- to establish a branch at 316 

Northlake Boulevard, North Palm Beach.

- Approved, September 24, 2004 

Atlanta

Regions Bank, Birmingham, Alabama -- to establish a branch at 3577 Hacks Cross 

Road, Memphis, Tennessee.

- Approved, September 20, 2004 

Atlanta

Texas State Bank, McAllen, Texas -- to establish branches at 1455 Research Forest 

Drive, The Woodlands, and 4700 Sweetwater Boulevard, Sugar Land.

- Approved, September 22, 2004 

Dallas

Bank Holding Companies

Goodenow Bancorporation, Okoboji, Iowa -- to engage in the sales of investment 

securities through the acquisition of certain assets of Kunkel-Peyman Financial Services, 

Fairmont, Minnesota.

- Withdrawn, September 24, 2004 

Chicago

Timberline Bancorporation, Grand Junction, Colorado -- to become a bank holding 

company and to acquire Timberline Bank, a de novo bank.

- Approved, September 23, 2004 

Kansas City

Bank Mergers

The First Trust and Savings Bank of Watseka, Watseka, Illinois -- to merge with First 

National Bank of Clifton, Clifton, and thereby establish a branch at 145 East 5th Avenue.

- Approved, September 21, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Bank Premises

FirstBank, Antlers, Oklahoma -- to increase its investment in bank premises.

- Approved, September 20, 2004 

Kansas City

Competitive Factors Reports

Bank of Kirksville, Kirksville, Missouri -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of the Memphis branch of MCM Savings 

Bank, F.S.B., Memphis.

- Submitted, September 24, 2004 

St. Louis

Banknorth, National Association, Portland, Maine -- report on competitive factors of the 

proposed merger with Boston Federal Savings Bank, Burlington, Massachusetts.

- Submitted, September 20, 2004 

Boston

Bay-Vanguard Interim Federal Savings Bank, Baltimore, Maryland -- report on 

competitive factors of the proposed merger with Bay-Vanguard MHC Interim Federal 

Savings Bank.

- Submitted, September 24, 2004 

Richmond

Community Bank of Dearborn, Dearborn, Michigan -- report on competitive factors of 

the proposed merger with Bank of Washtenaw, Saline.

- Submitted, September 21, 2004 

Chicago

First Capital Bank, Norcross, Georgia -- report on competitive factors of the proposed 

merger with Chattahoochee National Bank, Alpharetta, in connection with a corporate 

reorganization.

- Submitted, September 22, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Competitive Factors Reports

First Citizens Bank and Trust Company, Inc., Columbia, South Carolina -- report on 

competitive factors of the proposed merger with Citizens Bank, Warrenton, Georgia.

- Submitted, September 20, 2004 

Richmond

First Federal Savings Bank of the Glades, Clewiston, Florida -- report on competitive 

factors of the proposed acquisition of the LaBelle branch of IronStone Bank, Fort Myers.

- Submitted, September 22, 2004 

Atlanta

First National Bank in Homer, Homer, Illinois -- report on competitive factors of the 

proposed merger with Homer Interim Bank, National Association, Sidell, a de novo bank.

- Submitted, September 21, 2004 

Chicago

First State Bank and Trust Company, Inc., Caruthersville, Missouri -- report on 

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

Portageville branch of Great Western Bank, Omaha, Nebraska.

- Submitted, September 20, 2004 

St. Louis

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

acquisition of the Frankston branch of First National Bank, Bullard.

- Submitted, September 22, 2004 

Dallas

Great Western Bank, Clive, Iowa -- report on competitive factors of the proposed 

merger with Security State Bank, Red Oak.

- Submitted, September 23, 2004 

Chicago

Great Western Bank, Omaha, Nebraska -- report on competitive factors of the proposed 

merger with Farmers Bank of Portageville, Portageville, Missouri.

- Submitted, September 23, 2004 

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Competitive Factors Reports

Illinois National Bank, Springfield, Illinois -- report on competitive factors of the 

proposed merger with Riverton Community Bank, Riverton.

- Submitted, September 21, 2004 

Chicago

KeyBank, National Association, Cleveland, Ohio -- report on competitive factors of the 

proposed acquisition of EverTrust Bank, Everett, Washington.

- Submitted, September 20, 2004 

Cleveland

Metropolitan National Bank, Springfield, Missouri -- report on competitive factors of the 

proposed purchase of certain assets and assumption of certain liabilities of Fifth Third 

Bank, Grand Rapids, Michigan.

- Submitted, September 24, 2004 

St. Louis

MIVI Acquisition Corp., Minneapolis, Minnesota -- report on competitive factors of the 

proposed merger with Mississippi View Holding Company, Little Falls, parent of 

Community Federal Savings & Loan Association.

- Submitted, September 23, 2004 

Minneapolis

Oak Hill Banks, Jackson, Ohio -- report on competitive factors of the proposed merger 

with Ripley National Bank, Ripley.

- Submitted, September 20, 2004 

Cleveland

Orange Savings Bank, SSB, Orange, Texas -- report on competitive factors of the 

proposed merger with Orange Savings Bank of Texas, SSB, Mauriceville.

- Submitted, September 24, 2004 

Dallas

Peachtree National Bank, Peachtree City, Georgia -- report on competitive factors of the 

proposed merger with Pointpathbank, N.A., Columbus, in connection with a corporate 

reorganization.

- Submitted, September 23, 2004 

Atlanta

(AC) = Addition or Correction Delegated - Page 5 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Competitive Factors Reports

The Peoples Bank and Trust Company, Tupelo, Mississippi -- report on competitive 

factors of the proposed merger with Heritage Bank, Decatur, Alabama.

- Submitted, September 24, 2004 

St. Louis

Sidell State Bank, Sidell, Illinois -- report on competitive factors of the proposed merger 

with First National Bank in Homer, Homer.

- Submitted, September 21, 2004 

Chicago

South Central Bank of Barren County, Inc., Glasgow, Kentucky -- report on competitive 

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

Edmonton branch of South Central Savings Bank, FSB, Elizabethtown.

- Submitted, September 21, 2004 

St. Louis

Sovereign Bancorp, Inc., Wyomissing, Pennsylvania -- report on competitive factors of 

the proposed acquisition of Waypoint Bank.

- Submitted, September 22, 2004 

Philadelphia

Wachovia Bank, National Association, Charlotte, North Carolina -- report on 

competitive factors of the proposed merger with First Union Direct Bank, National 

Association, Augusta, Georgia.

- Submitted, September 20, 2004 

Richmond

Extensions Of Time

American Metro Bancorp, Inc., Chicago, Illinois -- extension to January 4, 2005, to 

become a bank holding company and to acquire American Metro Bank.

- Granted, September 20, 2004 

Chicago

(AC) = Addition or Correction Delegated - Page 6 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Extensions Of Time

Central Texas Bankshare Holdings, Inc., Columbus, Texas, and Colorado County 

Investment Holdings, Inc., Wilmington, Delaware -- extension to December 22, 2004, to 

acquire additional shares up to 45.33 percent of Hill Bancshares Holdings, Inc., Weimar, 

and thereby acquire its subsidiary, Hill Bank & Trust Company.

- Granted, September 21, 2004 

Dallas

East Penn Bank, Emmaus, Pennsylvania -- extension to October 14, 2004, to establish a 

branch at 502 State Road, Borough of Emmaus.

- Granted, September 22, 2004 

Philadelphia

Heritage Bank, Louisville, Colorado -- extension to December 18, 2004, to establish a 

branch at 8080 Weld County Road 13, Firestone.

- Granted, September 20, 2004 

Kansas City

Orion Bank, Naples, Florida -- extension to October 10, 2005, to establish branches at 

428 Tamiami Trail North and 13260 Plantation Road, Fort Myers.

- Granted, September 23, 2004 

Atlanta

International Operations

KeyBank, National Association, Cleveland, Ohio -- to make additional investments in 

certain of its Edge and agreement corporations.

- Approved, September 24, 2004 

Cleveland

Webster Bank, National Association, Waterbury, Connecticut -- to establish a branch in 

Grand Cayman, Cayman Islands, British West Indies.

- Approved, September 24, 2004 

Boston

(AC) = Addition or Correction Delegated - Page 7 of 8
H.2 Actions under delegated authority September 19, 2004 to September 25, 2004

Membership

The Bank of Fayette County, Moscow, Tennessee -- to become a member of the 

Federal Reserve System.

- Approved, September 21, 2004 

St. Louis

Iowa State Savings Bank, Knoxville, Iowa -- to become a member of the Federal 

Reserve System.

- Approved, September 22, 2004 

Chicago

Regulations And Policies

Regulation CC (Availability of Funds and Collection of Checks) -- technical amendments 

to appendix A to reflect the restructuring of check processing operations in the Chicago 

Federal Reserve District and advance notice of future amendments to appendix A in the 

next phase of the restructuring beginning in 2005 (Docket No. R-1212).

- Approved, September 22, 2004 

Secretary

Short-term Interest Rates -- increase in the target for the federal funds rate from 1-1/2 

percent to 1-3/4 percent.

- Approved, September 21, 2004 

FOMC

(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, September 25, 2004

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 Royal Bank of Scotland Group plc, Edinburgh, Scotland 

and its subsidiaries, RBSG International Holdings Ltd, 

Edinburgh, Scotland and Citizens Financial Group, Inc., 

Providence, Rhode Island - to acquire RBS National Bank, 

Bridgeport, Connecticut, a de novo bank

Newspaper – 10/19/2004

Fed Reg – 10/07/2004

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, September 25, 2004

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

3A3 Citigroup Inc., New York, New York, to acquire 100 percent of 

the voting shares of Citibank Texas, National Association, 

Bryan, Texas, following its conversion from a state savings bank 

(currently named First American Bank, SSB) to a national bank.

Newspaper – N/Avail

Fed Reg – 10/25/2004

18C 3A3 Popular, Inc., Popular International Bank, and Popular North 

America, all of Hato Rey, Puerto Rico, to acquire all of the 

issued and outstanding common stock of Kislak financial 

Corporation, Miami Lakes, Florida; Banco Popular North 

America, New York, New York, to acquire by merger all of the 

assets and liabilities of Kislak National Bank, Miami Lakes, 

Florida.

Newspaper – 10/08/2004

Fed Reg – 10/22/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

Section IV – Applications not subject to Fe deral 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, September 25, 2004

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 filed by Anthony S. DiSandro, Blue Bell, PA to acquire 

up to 15% of the outstanding shares of PSB Bancorp, Inc., 

Philadelphia, PA.

Fed Reg – 09/27/2004

Newspaper – 10/15/2004

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, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

*Branch The Commercial and Savings Bank, Millersburg, OH to 

establish a mobile branch service to provide courier services to 

selected bank customers in Holmes, Wayne, and Tuscarawas 

Counties, Ohio.

Newspaper – 09/25/2004

*18(c) & Branch The Croghan Colonial Bank, Fremont, Ohio, proposes to acquire 

through merger, The Custar State bank, Custar, Ohio.

Newspaper – N/Avail

*Branch Fifth Third Bank, Cincinnati, OH to establish a branch at 6031 

Groveport Road, Groveport, OH.

Newspaper – 09/18/2004

*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 of Change in Bank Control by Roger L. Moler and Janet 

L. Moler (collectively, "The Moler Family Control Group") to 

retain control of 10.20 percent of the outstanding shares of BNB 

Bancorp, Brookville, Ohio

Newspaper – N/Avail

Fed Reg – N/Avail

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, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Frederick County Bank, Frederick, Maryland, to establish a 

branch at 6910 Crestwood Boulevard, Frederick, Maryland.*

Newspaper – 10/01/2004

Branch Pioneer Bank, Stanley, Virginia, to establish a branch at 257 

Ridge McIntire Road, Charlottesville, Virginia.*

Newspaper – 10/04/2004

Branch The Bank of Williamsburg, Williamsburg, Virginia, to establish 

a branch at 171 Monticello Drive, Williamsburg, Virginia.*

Newspaper – 10/04/2004

Branch RBC Centura Bank, Rocky Mount, North Carolina, to establish 

a branch at 4221 West Boy Scout Boulevard, Suite 190, Tampa, 

Florida.*

Newspaper – 10/08/2004

*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

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

41629 Pioneer Bank

252 East Main Street

Stanley, Virginia 22851

07/12/2004 09/25/2004 O 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, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Compass Bank, Birmingham, Alabama, to establish a branch 

located at 7530 Montgomery Boulevard NE, Albuquerque, New 

Mexico, to be known as the Albuquerque-Montgomery Branch.*

Newspaper – 10/01/2004

Branch Newnan Coweta Bank, Newnan, Georgia, to establish a branch 

located at 107 Lexington Circle, Peachtree City, Georgia.*

Newspaper – 09/23/2004

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Comerica Bank, Detroit, Michigan, to establish a branch facility 

to be located at 1031 E. Hillsdale Blvd., Suite G, Foster City, 

California.*

Newspaper – 09/30/2004

Branch Comerica Bank, Detroit, Michigan, to establish a branch facility 

to be located at 2131 Westcliff Drive, Newport Beach, Orange 

County, California.*

Newspaper – 09/23/2004

Branch First Commercial Bank, Chicago, Illinois, to establish a branch 

facility to be located at 7050 N. Western Avenue, Chicago, 

Illinois.*

Newspaper – 10/03/2004

* 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 by Marlene D. Huls, Gifford, Illinois, to retain 29.8 

percent of the voting shares of Illini Corporation, Springfield, 

Illinois, and thereby indirectly acquire Illini Bank, Springfield, 

Illinois.

Fed Reg – 10/13/2004

Newspaper – N/Avail

3(a)(3) National Bancshares, Inc., Bettendorf, Iowa, to acquire 100 

percent of The National Bank (in organization), Edina, 

Minnesota.*

Fed Reg – 09/17/2004

Newspaper – 09/20/2004

* 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) Marshall & Ilsley Corporation, Milwaukee, Wisconsin, to 

acquire through its wholly-owned subsidiary, Metavante 

Corporation, all of the limited liability company interests of 

NuEdge Systems, LLC, Brookfield, Wisconsin, and thereby 

engage in data processing.

Fed Reg – 10/12/2004
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

686440 Bank Iowa

1710 3rd Avenue East

Oskaloosa, Iowa 52577

(641) 673-7400

05/24/2004 09/14/2004 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, September 25, 2004

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

4c8 Cass Information Systems, Inc., Bridgeton, Missouri, to acquire 

substantially all of the assets of NTransit, Inc. and NTransit, 

LLC, Wellington, Kansas, and thereby engage in data processing 

activities.

Member The Bank of Fayette County, Moscow, Tennessee, 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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Branch American Bank of St. Paul, St. Paul, Minnesota, to merge 

with Americana National Bank, Albert Lea, Minnesota and 

incident thereto establish branches at 217 South Newton 

Avenue, Albert Lea, Minnesota, and 195 North Broadway, 

Alden, Minnesota.*

Newspaper – N/Avail

Branch Valley Bank of Ronan, Ronan, Montana, to establish a 

branch at Pablo Family Foods, 34 Seventh Street, Pablo, 

Montana.*

Newspaper-10/01/2004

* 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) & 4(c)(8) First National Bancorp, Inc., Brewster, Minnesota, to 

become a bank holding company by acquiring 100% of 

Nobles Agency, Inc., Brewster, Minnesota; and thereby 

indirectly acquiring The First National Bank of Brewster, 

Brewster, Minnesota. Applicant also proposes through 

Nobles Agency, Inc., Brewster, Minnesota, to engage in 

insurance agency activities in a town with a population not 

exceeding 5,000.* 

Fed Reg – 10/08/2004

Newspaper-10/12/2004

3(a)(3) Marshall Bancorp, Inc., Minneapolis, Minnesota, to 

acquire 100% of BANKFIRST Corporation, Sioux Falls, 

South Dakota, and thereby indirectly acquire 

BANKFIRST, Sioux Falls, South Dakota.*

Fed Reg – 10/22/2004

Newspaper – N/Avail

3(a)(3) State Bankshares, Inc., Fargo, North Dakota, to acquire 

100 percent of the voting shares of First State Bank of 

Audubon, Audubon, Minnesota.*

Fed Reg – 10/22/2004

Newspaper – N/Avail

3(a)(3) The Tysan Corporation, Minneapolis, Minnesota, to 

acquire 100 percent of the voting stock of Blaine State 

Bank, Blaine, Minnesota.*

Fed Reg – 10/25/2004

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

Type Application

Ending date of

comment period

3(a)(5) United Bancor, Ltd., Dickinson, North Dakota, to acquire 

100 percent of Scandia American Bancorporation, Inc., 

Stanley, North Dakota, and thereby indirectly acquire 

Scandia American Bank and Trust, Stanley, North 

Dakota.*

Fed Reg – 10/25/2004

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

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, September 25, 2004

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) Lindoe, Inc., Ordway, Colorado, to acquire up to 14.99 percent 

of the voting shares of Southern Colorado National Bancorp, 

Inc., parent of Southern Colorado National Bank, both of 

Pueblo, Colorado.

Newspaper – 10/23/2004

Fed Reg – 10/18/2004

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Bank, Burkburnett, TX, to establish a branch at 107 West 

Cash, Iowa Park, TX 76367*

Newspaper – 10/12/2004

* 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)(3) First National Bank Group, Inc., Edinburg, TX, to acquire

Alamo Corporation of Texas, Alamo, TX, Alamo Corporation of 

Delaware, Wilmington, DE, and First National Bank, Edinburg, 

TX* (previously reported the week ending September 18, 2004)

Fed Reg – 10/15/2004

Newspaper – 10/11/2004

* 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

3129902 Independent Bank of Texas

4300 North Beltline Road

Irving, Texas 75038

06/21/2004 09/25/2004 S X

645465 Security Bank

901 Main Street

Ralls, Texas 79357

05/17/2004 09/25/2004 S X

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, September 25, 2004

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch East-West Bank, San Marino, California, to establish an Artesia 

In-Store Branch facility to be located at 17713 Pioneer 

Boulevard, Artesia, California.*

Newspaper – 09/09/2004

Branch Farmers and Merchants Bank of Central California , Lodi, 

California, to establish a branch facility to be located at 1303 J 

Street, Sacramento, California.*

Newspaper – 10/02/2004

Branch Valley Independent Bank, El Centro, California, to establish a 

branch facility to be located at 3203 West March Lane, Suite 

110, Stockton, California.*

Newspaper – 09/13/2004

* 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

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

1162017 United Security Bank

1525 East Shaw Avenue

Fresno, California 93710

(559) 225-0101

06/07/2004 09/23/2004 O X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None