Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 46

Week Ending November 11, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions November 5, 2000 to November 11, 2000

Bank Holding Companies

FleetBoston Financial Corporation, Boston, Massachusetts -- commenter's request for 

reconsideration of the Board's approval to acquire shares of North Fork Bancorporation, 

Melville, New York; and for North Fork Bancorporation to acquire shares of Dime 

Bancorp, Inc., New York City.

- Denied, November 8, 2000 

International Operations

Citibank, N.A., New York, New York -- to invest in Citibank Agencia de Valores S.A., 

Santiago, Chile, a subsidiary of its Santiago branch, and to engage through that subsidiary 

in broker-dealer transactions in Chilean public markets for foreign exchange and central 

bank securities.

- Approved, November 6, 2000 

Reserve Bank Services

Federal Reserve priced services -- private sector adjustment factor for 2001.

- Approved, November 8, 2000 

Federal Reserve priced services -- fee schedules for 2001.

- Approved, November 8, 2000 

Enforcement

Foxdale Bancorp, Inc., South Elgin, Illinois, and Foxdale Bank -- issuance of an order of 

prohibition against George J. Peterson, former chairman of the board and chief executive 

officer and institution-affiliated party.

- Announced, November 7, 2000 

(AC) = Addition or Correction Board - Page 1 of 1
November 5, 2000 to November 11, 2000

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulatio

Consumer and Community Affai

Federal Open Market Committ

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Managemen

H.2 Actions under delegated authority

Bank Branches, Domestic

Citizens Bank, Flint, Michigan -- to establish a branch at Brighton/Riverbend Office 

Center, 7701 Grand River Road, Suite 1, Brighton.

- Returned, November 6, 2000 

Chicago

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

Ellsworth Road and Baseline Road, Mesa, Arizona.

- Approved, November 7, 2000 

Secretary

Fifth Third Bank Indiana, St. Joseph, Michigan -- to establish a branch at 1701 Golf 

Road, Rolling Meadows, Illinois.

- Approved, November 7, 2000 

Chicago

First American Bank, Carpentersville, Illinois -- to establish a branch at Niles Civic 

Center at the South East corner of Oakton and Waukegan Roads, Niles.

- Approved, November 6, 2000 

Chicago

Iron and Glass Bank, Pittsburgh, Pennsylvania -- to establish a branch at 3400 South 

Park Road, Bethel Park.

- Approved, November 6, 2000 

Cleveland

People First Bank, Hennessey, Oklahoma -- to establish a branch at 101 North Main 

Street.

- Approved, November 7, 2000 

Kansas City

Sheridan State Bank, Sheridan, Wyoming -- to establish a branch at Albertson's grocery 

store at 1865 Coffeen Avenue.

- Approved, November 9, 2000 

Kansas City

(AC) = Addition or Correction Delegated - Page 1 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Bank Branches, Domestic

SunTrust Bank, Atlanta, Georgia -- to establish branches at 6275 Hickory Flat Highway, 

Canton; 9645 Belair Road, Perry Hall, Maryland; 4701 Sangamore Road, Bethesda; and 

at the intersection of Goshen Road and Snouffers School Road, Gaithersburg.

- Approved, November 7, 2000 

Atlanta

Bank Holding Companies

Charter Financial Corporation, Bellevue, Washington -- to become a bank holding 

company through the acquisition of Charter Bank.

- Approved, November 8, 2000 

San Francisco

Citizens & Northern Corporation, Wellsboro, Pennsylvania -- to merge with Peoples 

Ltd., Wyalusing.

- Approved, November 8, 2000 

Philadelphia

Fifth Third Bancorp, Cincinnati, Ohio -- to acquire Ottawa Financial Corporation, 

Holland, Michigan, and for Fifth Third Bank, Indiana, St. Joseph, Michigan, to merge 

with AmeriBank, Holland, and establish branches.

- Approved, November 10, 2000 

Cleveland

FNB Corporation, Christiansburg, Virginia -- to acquire Southwest Virginia Bancshares, 

Inc., Roanoke.

- Approved, November 10, 2000 

Richmond

MetLife, Inc., New York, New York -- commenter's request to extend the comment 

period on the proposed acquisition of Grand Bank, N.A., Kingston, New Jersey.

- Denied, November 7, 2000 

Secretary

(AC) = Addition or Correction Delegated - Page 2 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Bank Holding Companies

MetLife, Inc., New York, New York -- commenter's request to extend the comment 

period on the proposed acquisition of Grand Bank, N.A., Kingston, New Jersey.

- Granted, November 8, 2000 

Secretary

Mission Community Bancorp, San Luis Obispo, California -- to become a bank holding 

company through the corporate reorganization of Mission Community Bank, National 

Association.

- Approved, November 7, 2000 

San Francisco

Peterstown Bancorp, Inc., Peterstown, West Virginia -- to become a bank holding 

company through the acquisition of The First National Bank of Peterstown.

- Approved, November 7, 2000 

Richmond

PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania -- waiver of application 

requirement in connection with the acquisition of PNC Converted Bank, N.A.

- Granted, November 9, 2000 

Cleveland

Somerset Hills Bancorp, Bernardsville, New Jersey -- to become a bank holding 

company through the acquisition of The Bank of The Somerset Hills.

- Approved, November 8, 2000 

New York

Wausa Banshares, Inc., Wausa, Nebraska -- to acquire KLS Insurance, Bloomfield, and 

thereby engage in general insurance agency activities in a town with a population of less 

than 5,000.

- Approved, November 8, 2000 

Kansas City

(AC) = Addition or Correction Delegated - Page 3 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Bank Mergers

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to merge with M&I Bank of 

Racine, Racine; M&I Bank of Burlington, Burlington; M&I Lake Country Bank, 

Hartland; M&I First National Bank, West Bend; M&I Bank of Menomonee Falls, 

Menomonee Falls; and M&I Northern Bank, Brookfield, and thereby establish branches.

- Approved, November 8, 2000 

Chicago

Banks, State Member

First Commercial Bank, Bloomington, Minnesota -- to retain control of First Commercial 

Financial, Inc., a financial subsidiary.

- Approved, November 9, 2000 

Minneapolis

Change In Bank Control

Founders Bancshares, Inc., Dallas, Texas -- change in bank control.

- Permitted, November 8, 2000 

Dallas

HBancorporation, Inc., Lawrenceville, Illinois -- change in bank control.

- Permitted, November 10, 2000 

St. Louis

Lamar Bancshares, Inc., Beaumont, Texas -- change in bank control.

- Permitted, November 8, 2000 

Dallas

OK Bancorporation, Okemah, Oklahoma -- change in bank control.

- Permitted, November 6, 2000 

Kansas City

Peoples Bancorp, Inc., Carrollton, Georgia -- change in bank control.

- Permitted, November 6, 2000 

Atlanta

(AC) = Addition or Correction Delegated - Page 4 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Change In Bank Control

Southern Wisconsin Bancshares Corporation, Mineral Point, Wisconsin -- change in 

bank control.

- Permitted, November 8, 2000 

Chicago

Competitive Factors Reports

Buffalo Federal Savings Bank, Buffalo, Wyoming -- report on competitive factors of the 

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

branch of Hulett National Bank, Hulett.

- Submitted, November 7, 2000 

Kansas City

Charter Bank, Bellevue, Washington -- report on competitive factors of the proposed 

merger with Interim Charter Bank.

- Submitted, November 6, 2000 

San Francisco

Citizens Bank, Vienna, Georgia -- report on competitive factors of the proposed merger 

with First Flag Bank, LaGrange.

- Submitted, November 6, 2000 

Atlanta

Colorado East Bank and Trust, Lamar, Colorado -- report on competitive factors of the 

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

Keenesburg branch of Citizens State Bank, Keenesburg.

- Submitted, November 7, 2000 

Kansas City

Community Bank, N.A., Canton, New York -- report on competitive factors of the 

proposed merger with The Citizens National Bank of Malone, Malone.

- Submitted, November 9, 2000 

New York

(AC) = Addition or Correction Delegated - Page 5 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Competitive Factors Reports

Community National Bank, Chanute, Kansas -- report on competitive factors of the 

proposed merger with First State Bank, Edna.

- Submitted, November 7, 2000 

Kansas City

Fidelity Personal Trust Company, FSB, Boston, Massachusetts -- report on competitive 

factors of the proposed merger with Fidelity Management Trust Company of California, 

Los Angeles, California.

- Submitted, November 8, 2000 

Boston

First Bank and Trust, New Orleans, Louisiana -- report on competitive factors of the 

proposed merger with Metro Bank, Kenner.

- Submitted, November 8, 2000 

Atlanta

First National Bank, Gallatin, Missouri -- report on competitive factors of the proposed 

merger with Farmers Bank of Northern Missouri, N.A., Centerville, Iowa.

- Submitted, November 7, 2000 

Kansas City

First National Bank, Seminole, Texas -- report on competitive factors of the proposed 

merger with Gaines Bancshares, Inc.

- Submitted, November 9, 2000 

Dallas

Goshen Savings Bank, Goshen, New York -- report on competitive factors of the 

proposed merger with The Berkshire Bank, New York City.

- Submitted, November 6, 2000 

New York

Nara Bank, National Association, Los Angeles, California -- report on competitive 

factors of the proposed merger with Nara Interim Bank, National Association.

- Submitted, November 6, 2000 

San Francisco

(AC) = Addition or Correction Delegated - Page 6 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Competitive Factors Reports

The National Bank, Bettendorf, Iowa -- report on competitive factors of the proposed 

merger with First Illinois National Bank, Savanna, Illinois

- Submitted, November 8, 2000 

Chicago

National Penn Bank, Boyertown, Pennsylvania -- report on competitive factors of the 

proposed merger with Bernville Bank, National Association, Bernville.

- Submitted, November 6, 2000 

Philadelphia

NBC Bank, National Association, Eagle Pass, Texas -- report on competitive factors of 

the proposed merger with NBC Bank, Rockdale, and NBC Bank-Laredo, National 

Association, Laredo.

- Submitted, November 8, 2000 

Dallas

Pilot Grove Savings Bank, Pilot Grove, Iowa -- report on competitive factors of the 

proposed merger with Farmers Savings Bank, Mount Pleasant.

- Submitted, November 8, 2000 

Chicago

Redwood Bank, San Francisco, California -- report on competitive factors of the 

proposed merger with Bank of San Francisco.

- Submitted, November 8, 2000 

St. Louis

Southwest Bank of Texas, N.A., Houston, Texas -- report on competitive factors of the 

proposed merger with Citizens Bank and Trust Company of Baytown, Baytown; 

Baytown State Bank; and Pasadena State Bank, Pasadena.

- Submitted, November 6, 2000 

Dallas

Staten Island Bank & Trust Company, Staten Island, New York -- report on competitive 

factors of the proposed merger with Unity Bank, Clinton, New Jersey.

- Submitted, November 9, 2000 

New York

(AC) = Addition or Correction Delegated - Page 7 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Competitive Factors Reports

Sterling Federal Bank, F.S.B., Sterling, Illinois -- report on competitive factors of the 

proposed merger with Marquette Bank Clinton, Clinton, Iowa.

- Submitted, November 8, 2000 

Chicago

Susquehanna Bank, Baltimore, Maryland -- report on competitive factors of the 

proposed acquisition of the Towson and Lutherville branches of Farmers Bank of 

Maryland, Annapolis.

- Submitted, November 6, 2000 

Richmond

United Security Bank, Spokane, Washington -- report on competitive factors of the 

proposed merger with Home Security Bank, Sunnyside, Washington; AmericanWest 

Bank, Walla Walla; and Bank of Pullman, Moscow, Idaho.

- Submitted, November 6, 2000 

San Francisco

Wells Fargo Bank West, N.A., Denver, Colorado -- report on competitive factors of the 

proposed merger with First Commerce Bank of Colorado, N.A., Monument.

- Submitted, November 7, 2000 

Kansas City

Westbank, Westchester, Illinois -- report on competitive factors of the proposed merger 

with Westbank Interim Bank.

- Submitted, November 8, 2000 

Chicago

Extensions Of Time

Australia New Zealand Banking Group Limited, Melbourne, Australia -- extension to 

February 7, 2001, to acquire Amerika Samoa Bank, Pago Pago, American Samoa.

- Granted, November 6, 2000 

New York

(AC) = Addition or Correction Delegated - Page 8 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Extensions Of Time

The Exchange Bankshares, Inc., Estill, South Carolina -- extension to February 25, 2001, 

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

- Granted, November 8, 2000 

Richmond

Iowa State Bank Holding Company, Des Moines, Iowa -- extension to February 15, 

2001, to engage de novo through its subsidiary, Capitol Partners, L.C., in community 

development activities.

- Granted, November 9, 2000 

Chicago

Islands Bancorp, Beaufort, South Carolina -- extension to February 11, 2001, to become 

a bank holding company through the acquisition of Islands Community Bank, N.A., a de 

novo bank.

- Granted, November 7, 2000 

Richmond

Jackass Creek Land & Livestock Company, Ennis, Montana -- extension to February 

11, 2001, to acquire additional shares of First Boulder Valley Bank, Boulder.

- Granted, November 9, 2000 

Minneapolis

Financial Holding Companies

ACNB Corporation, Gettysburg, Pennsylvania -- election to become a financial holding 

company.

- Effective, November 6, 2000 

Philadelphia

Penn Rock Financial Services Corp, Blue Ball, Pennsylvania -- election to become a 

financial holding company.

- Effective, November 6, 2000 

Philadelphia

(AC) = Addition or Correction Delegated - Page 9 of 10
H.2 Actions under delegated authority November 5, 2000 to November 11, 2000

Membership

Southwest Bank, Ulysses, Kansas -- to retain membership in the Federal Reserve System 

after conversion to a state charter.

- Approved, November 10, 2000 

Kansas City

Vine Street Trust Company, Lexington, Kentucky -- to become a member of the Federal 

Reserve System.

- Approved, November 8, 2000 

Cleveland

(AC) = Addition or Correction Delegated - Page 10 of 10
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, November 11, 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(5) FleetBoston Financial Corporation, Boston, Massachusetts - to

acquire Summit Bancorp., Princeton, New Jersey

Newspaper - 12/03/2000

Fed Reg - 12/11/2000

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, November 11, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Sparkasse Stockerau AG, Vienna, Austria, to establish federal

branches in Greenwich, Connecticut, and New York, New York,

and representative offices in San Francisco, California, and

Atlanta, Gerogia.

Newspaper – N/Avail

FBSEA RheinHyp Rheinische Hypothekenbank, AG, Frankfurt,

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

York.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) The shareholder consortium, which collectively owns 45.25

percent of Bank Hapoalim B.M., Tel Aviv, Israel, to become a

bank holding company as a result of the related proposal by

Bank Hapoalim B.M. to acquire Signature Bank, New York,

New York (in formation).*

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(1) Israel Salt Industries Ltd., Atlit, Israel, to become a bank holding

company through the acquisition of 11.63 percent of the voting

shares of Signature Bank, New York, New York (in formation),

as a result of the related proposal by Bank Hapoalim B.M. to

acquire Signature Bank.*

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) Mizuho Holdings, Inc. and The Dai-Ichi Kangyo Bank, Limited,

to engage through their subsidiary, The CIT Group, Inc., its

wholly owned subsidiary, Capita Premium Financing

Corporation, and its newly-formed subsidiary, Dealerconx, Inc.,

Livingston, New Jersey, which will be a 50 percent owned joint

venture with the Bank of Montreal in making, acquiring,

brokering, and servicing loans; activities relating to extending

credit; leasing personal or real property; and providing data

processing and data processing services.

Fed Reg – N/Avail

4(c)(8) Svenska Handelsbanken, Stockholm, Sweden, to engage through

its de novo subsidiary, Oktogon Advisors, LLC, New York,

New York, in investment advisory services to institutional

customers.

Fed Reg – N/Avail

4(c)(8) Westdeutsche Landesbank Girozentrale, Dusseldorf, Germany,

to acquire Gulfstream Global Investors, Ltd., Addison, Texas,

and engage in investment advisory activities.

Fed Reg – N/Avail

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

Type Application

3(a)(1) Riegle Holland Bancorp, Inc., to become a bank holding company with

respect to The Bank of Holland, both of Holland, New York.
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, November 11, 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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, November 11, 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

3(a)(1) Received notification from Hometown Bancshares, Inc., Corbin,

KY on 11/07/2000 to acquire Bank of Corbin, Inc., Corbin, KY.
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

820310 Community First Bank and Trust

Celina, OH 45822

07/26/2000 10/30/2000 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, November 11, 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 the

intersection of Central Avenue and Campus Way South, Largo,

Maryland.*

Newspaper - 11/27/2000

18(c) F & M Bank-Maryland, Inc., Bethesda, Maryland, to merge

with Community Bank of Maryland, Bowie, Maryland.*

Newspaper - 12/08/2000

*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) Virginia Capital Bancshares, Inc., Fredericksburg, Virginia, to

become a bank holding company through the acquisition of

100% of the voting shares of Fredericksburg State Bank,

Fredericksburg, Virginia.*

Fed Reg - N/Avail

Newspaper - N/Avail

3(a)(5) F & M National Corporation, Winchester, Virginia, to merge

with Community Bankshares of Maryland, Inc., Bowie,

Maryland.*

Fed Reg - N/Avail

Newspaper - 12/08/2000

*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

Sec.25 First Union National Bank, Charlotte, North Carolina, to

contribute the outstanding shares of its Edge corporation subsidiary, First Fidelity International Bank, Charlotte, North

Carolina, to First Union Commercial Corporation, Charlotte,

North Carolina.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

417626 *Putnam County Bank

 2761 Main Street

 Hurricane, West Virginia 25526

08/21/2000 11/04/2000 S X

*Inadvertently omitted from Bulletin No. 45 for week ending November 4, 2000.

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, November 11, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Admiralty Bank, Palm Beach Gardens, Florida, to establish a

branch located at 2811 North Orange Avenue, Orlando, Florida.

11/13/2000*

Branch Admiralty Bank, Palm Beach Gardens, Florida, to establish a

branch located at 4350 North Atlantic Avenue, Cocoa Beach,

Florida.

11/12/2000*

Branch Admiralty Bank, Palm Beach Gardens, Florida, to establish a

branch located at Central Parkway and Montgomery Road,

Altamonte Springs, Florida.

11/18/2000*

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at

10900 Parkside Drive, Knoxville, Tennessee, to be known as the

Turkey Creek In-Store Branch.

11/21/2000*

Branch First Southern Bank, Boca Raton, Florida, to establish a branch

located on a 2.6 acre parcel located at Woolbright Road, 1⁄4 mile

west of I-95, to be known as the Boynton Beach Branch.

11/18/2000*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Eufaula BancCorp, Inc., Eufaula, Alabama, after-the-fact

notification filed by Robert M. Dixon, Mary E. Dixon, Mary C.

Dixon, Eric R. Fenichel, Janie D. King, William D. King, Robert

M. Dixon, Jr., Preston C. Dixon, James F. Dixon, III, Rita H.

Dixon, Preston C. Clayton, Jr., Sarah C. Lawson, Thomas S.

Lawson, Jr., Michael C. Dixon, Sr., Nancy B. Dixon, Michael C.

Dixon, Jr., Hope C. Dixon, Claudia D. Balkcom, Heather B.

Dixon, Christine M. Dixon, and Rebecca J. M. Dixon, to

collectively retain 24.20 percent of the outstanding shares of

Eufaula BancCorp, Inc., Eufaula, Alabama.

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

3(a)(1) Citizens Bancorp of Oviedo, Inc., Oviedo, Florida, notice to

become a bank holding company by acquiring Citizens Bank of

Oveido, Oviedo, Florida.

COM Forsyth Bancshares, Inc., Cumming, Georgia, commitment

waiver request.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for First Quarter of 2001

Institution Location

Aliant Bank Alexander City, Alabama

Republic Security Bank West Palm Beach, Florida

Compass Bank Birmingham, Alabama

Flagler Bank West Palm Beach, Florida

SouthTrust Bank Birmingham, Alabama

Covington County Bank Andalusia, Alabama

Fifth Third Bank Naples, Florida

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other

circumstances.
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, November 11, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branches

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior

approval to merge with M&I Central State Bank, Oshkosh; M&I

Bank of Shawano, Shawano; M&I Bank Fox Valley, Appleton;

and M&I Bank Northeast, Green Bay, all located in Wisconsin,

and thereby to establish 44 branches.*

Newspaper – N/Avail

Branch M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior

approval to establish a branch at W62 N209 Washington

Avenue, Cedarburg, Wisconsin.*

Newspaper – 11/10/2000

* Subject to the provisions of the Community

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

Type Application

Ending date of

comment period

CIC Notification by John Mark DeCook and Bruce Heerema of a

Change in Control, for each to become the largest shareholder

by acquiring 13.705 percent of the voting shares outstanding of

Vermeer Investment Company, Pella, Iowa.

Fed Reg – 10/20/20000

Newspaper – 10/25/2000

3(a)(5) Spectrum Bancorporation, Inc., Omaha, Nebraska, for prior

approval to merge with Great Western Securities, Inc., Omaha,

Nebraska and thereby indirectly acquire Great Western Bank,

Omaha, Nebraska.*

Fed Reg – 10/30/2000

Newspaper – 11/19/2000

3(a)(5) Mid-Iowa Bancshares Co., Algona, Iowa, for prior approval to

acquire through merger 100 percent of the voting shares of

Ruthven Investment, Ltd., Ruthven, Iowa and thereby indirectly

acquire Ruthven State Bank, Ruthven, Iowa.*

Fed Reg – 11/24/2000

Newspaper – 11/25/2000

3(a)(1) Northstar Financial Group, Inc., Bad Axe, Michigan, for prior

approval to acquire 100 percent of the voting shares of Northstar

Bank (in organization), Bad Axe, Michigan.*

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

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 First Quarter of 2001

Institution Location

Bartonville Bank Bartonville, Illinois

Camp Grove State Bank Camp Grove, Illinois

First American Bank Carpentersville, Illinois

LaSalle State Bank LaSalle, Illinois

Alpha Community Bank Toluca, Illinois

Hinsbrook Bank and Trust Company Willowbrook, Illinois

First Bank of Berne Berne, Indiana

Fifth Third Bank Evansville, Indiana

Freedom Security Bank Coralville, Iowa

Frontier Savings Bank Council Bluffs, Iowa

Security State Bank New Hampton, Iowa

Isabella Bank and Trust Company Mount Pleasant, Michigan

New Century Bank Southfield, Michigan

F&M Bank – Wisconsin Kaukauna, Wisconsin

M&I Central State Bank Oshkosh, Wisconsin

M&I Bank of Shawano Shawano, Wisconsin

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other

circumstances.
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, November 11, 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 First Quarter of 2001

Institution Location

First State Bank of DeQueen DeQueen, Arkansas

Arvest Bank Fort Smith, Arkansas

Central Bank and Trust Little Rock, Arkansas

The Farmers and Merchants Bank Prairie Grove, Arkansas

Arvest Bank Rogers, Arkansas

First Arvest Bank Siloam Springs, Arkansas

Springdale Bank and Trust Springdale, Arkansas

First Illinois Bank East St. Louis, Illinois

Effingham State Bank Effingham, Illinois

Union Bank of Illinois Swansea, Illinois

English State Bank English, Indiana

Fifth Third Bank, Kentucky, Inc. Louisville, Kentucky

Peoples Bank of Altenburg Altenburg, Missouri
Section VI – CRA examinations scheduled for First Quarter of 2001

Institution Location

Midwest BankCentre Lemay, Missouri

Bank of Louisiana Louisiana, Missouri

City Bank and Trust Company of Moberly Moberly, Missouri

Bank of Ste. Genevieve Ste. Genevieve, Missouri

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other

circumstances.
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, November 11, 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) Marquette Bancshares, Inc., Minneapolis, Minnesota, proposes

to acquire up to 64% of the capital stock of Commerce Bank of

Santa Barbara, N.A., Santa Barbara, California, a de novo bank.

Fed Reg – 12/11/2000

3(a)(5) Firstar Corporation, Milwaukee, Wisconsin, proposes to merge

with U.S. Bancorp, Minneapolis, Minnesota, through the merger

of Firstar Corporation with and into U.S. Bancorp.

Fed Reg – 12/07/2000

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

2634191 Glacier Bank

Kalispell, Montana

07/05/2000 11/08/2000 O X

Section VI – CRA examinations scheduled for First Quarter of 2001

Institution Location

BANKFIRST Sioux Falls, South Dakota

First State Bank of Warner Warner, South Dakota

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other

circumstances.

Examinations may have to be rescheduled during the calendar quarter in which they are designated to begin. If

an institution’s examination is rescheduled for a date later than the end of the date range reflected in a published

schedule, the institution’s name will be republished in an appropriate later listing. Any comments received as a

result of either the first publication or subsequent publications will be considered during the examination.

Written comments regarding the CRA performance of these institutions should be directed to Ms. JoAnne

Lewellen at the Federal Reserve Bank of Minneapolis, Banking Supervision Department. P. O. Box 291,

Minneapolis, Minnesota 55480-0291.
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, November 11, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Pinnacle Bank, Papillion, Nebraska, for prior approval to

establish a branch at 27th and Fletcher Streets, Lincoln,

Nebraska.

Newspaper – 11/10/2000

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

Type Application

Ending date of

comment period

3(a)(1) Lauritzen Enterprises, Omaha, Nebraska, for prior approval to

become a bank holding company through the acquisition of

21.09 percent of the voting shares of First National of Nebraska,

Inc., Omaha, Nebraska, and 100 percent of the voting shares of

Diversified Financial Services, Inc., Omaha, Nebraska. Also, to

elect financial holding company status.

Newspaper – N/Available

FedReg – N/Available

3(a)(3) Heritage Group, Aurora, Nebraska, for prior approval to acquire

to acquire 100 percent of the voting shares of Heritage Bank,

N.A., Doniphan, Nebraska, a de novo bank in organization.

Newspaper – N/Available

FedReg – N/Available

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

Membership Southwest Kansas National Bank, Ulysses, Kansas, for prior

approval to retain membership in the Federal Reserve System

after its conversion from a national to a state chartered bank.

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, November 11, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) PNB Financial Bank, Lubbock, TX, to acquire

City National Bank, Austin, TX, and establish a branch office*

N/Avail

Branch PNB Financial Bank, Lubbock, TX, to establish a branch office

at 401 Congress Avenue, Austin, TX, 78701*

N/Avail

*Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Robert B. Mathieu, Delhi, LA, only notificant, to acquire an

interest in Delhi Bancshares, Inc., Delhi, LA

Fed Reg – 11/29/2000

Newspaper – N/Avail

3(a)(1) Mason National Bancshares, Inc., Mason, TX, to acquire

Mason National Bancshares of Nevada, Inc., Carson City, NV,

and Mason National Bank, Mason, TX*

Fed Reg – 12/11/2000

Newspaper – 12/08/2000

3(a)(1) Mason National Bancshares of Nevada, Inc., Carson City, NV,

to acquire Mason National Bank, Mason, TX*

Fed Reg – 12/11/2000

Newspaper – 12/08/2000

*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 First Quarter of 2001

Institution Location

Texas Coastal Bank

783965

6731 Spencer Highway

Pasadena, Texas 77505-1755

Crowell State Bank

701857

100 East Commerce

Crowell, Texas 79227-0848

Colorado Valley Bank

935858

143 North Main

La Grange, Texas 78945-2616
Section VI – CRA examinations scheduled for First Quarter of 2001

Institution Location

First Bank of Snook

260868

FM Loop 2155

Snook, Texas 77878

Legacy Bank of Texas

913267

1105 West 15th Street and Alma Road

Plano, Texas 75075-7247

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other

circumstances.
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, November 11, 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 David Blaine Weyrich, Paso Robles, California, to increase his

ownership up to 25 percent of Heritage Oaks Bancorp, Paso

Robles, 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

S/R Oak Valley Community Bank, Oakdale, California, to

repurchase up to 5 percent of its outstanding shares.
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 First Quarter of 2001

Institution Location

Business Bank of Nevada Las Vegas, NV

California Center Bank Los Angeles, CA

Heritage Bank of Commerce San Jose, CA

Oregon Pacific Banking Company Florence, OR

Placer Sierra Bank Auburn, CA

Silicon Valley Bank Santa Clara, CA

Sunstate Bank Casa Grande, AZ

Utah Independent Bank Salina, UT

Valley Independent Bank El Centro, CA

The inclusion on the list of institutions that are scheduled to undergo CRA examinations in the next calendar

quarter is not determinative of whether the institution will be examined in that quarter. Reserve Banks may need

to defer a planned examination or conduct an unforeseen examination because of scheduling difficulties or other

circumstances.