Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 36

Week Ending September 2, 2000

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

International Operations

The Chase Manhattan Corporation, New York, New York -- requests for exemptions 

from Section 23A and temporary relief from a provision of Regulation K.

- Granted, August 17, 2000 (AC)

(AC) = Addition or Correction Board - Page 1 of 1
August 27, 2000 to September 2, 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

Commercial Bank, Harrogate, Tennessee -- to establish a branch at Kingston Pike and 

Debusk Lane, Knoxville.

- Approved, August 31, 2000 

Atlanta

European American Bank, New York, New York -- to establish a branch at 2401 

Jericho Turnpike, Garden City Park.

- Approved, August 30, 2000 

New York

Farmers and Merchants Bank of Rockford, Spokane, Washington -- to establish a 

branch in the Albertson's store at 3010 East 57th Avenue.

- Approved, August 30, 2000 

San Francisco

The Farmers Citizens Bank, Bucyrus, Ohio -- to establish a branch at 1363 State Route 

61, Marengo.

- Approved, August 29, 2000 

Cleveland

First State Bank, Flagstaff, Arizona -- to establish a branch at 14 East Birch Avenue.

- Approved, August 31, 2000 

San Francisco

Hanmi Bank, Los Angeles, California -- to establish a branch at 2001 West Redondo 

Beach Boulevard, Gardena.

- Approved, August 29, 2000 

San Francisco

Southern Bank of Commerce, Paragould, Arkansas -- to establish a branch at 2775 East 

Nettleton, Jonesboro, Arkansas.

- Approved, August 30, 2000 

St. Louis

(AC) = Addition or Correction Delegated - Page 1 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Bank Branches, Domestic

Westamerica Bank, San Rafael, California -- to establish a mobile branch serving select 

cities in the City and County of Napa.

- Approved, September 1, 2000 

San Francisco

Bank Holding Companies

Bank One Corporation, Chicago, Illinois -- to acquire shares of BondNexus, Corp., 

Seattle, Washington, and thereby engage in data processing and data transmission 

activities.

- Approved, September 1, 2000 

Secretary

Citco Community Bancshares, Inc., Elizabethton, Tennessee -- request for waiver of 

application in connection with the proposed merger with Twin City Bancorp, Inc., Bristol, 

and the indirect acquisition of Twin City Federal Savings Bank.

- Withdrawn, August 29, 2000 

Atlanta

Citizens Community Bancorp, Inc., Marco Island, Florida -- to engage de novo in lending 

activities.

- Approved, August 30, 2000 

Atlanta

Comerica Incorporated, Detroit, Michigan; First Union Corporation, Charlotte, North 

Carolina; FleetBoston Financial Corporation, Boston, Massachusetts; HSBC Holdings 

PLC and HSBC Financing (Netherlands), both of London, England; HSBC Holdings 

BV, Amsterdam, Netherlands; HSBC North America, Inc. and HSBC USA Inc., both 

of Buffalo, New York; Summit Bancorp, Princeton, New Jersey; The Bank of New 

York Company, Inc. and The Chase Manhattan Corporation, both of New York, New 

York; The Royal Bank of Scotland Group plc, The Royal Bank of Scotland plc, and 

RBSG International Holdings, Ltd., all of Edinburgh, Scotland; and Citizens Financial 

Group, Inc., Providence, Rhode Island -- to acquire, through NYCE Corporation, 

Woodcliff Lake, New Jersey, membership interests in SafeCheck Company, LLC, New 

York, New York, and thereby engage in data processing activities.

- Approved, August 31, 2000 

Secretary

(AC) = Addition or Correction Delegated - Page 2 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Bank Holding Companies

Farmers and Merchants Bancshares, Inc., Nashville, Illinois -- to become a bank holding 

company through the acquisition of Farmers and Merchants National Bank.

- Approved, August 30, 2000 

St. Louis

FleetBoston Financial Corporation, Boston Massachusetts -- request to extend the 

comment period on the proposed acquisition of shares of North Fork Bancorporation, 

Inc., Melville, New York.

- Denied, August 29, 2000 

Secretary

Lafayette Community Bancorp, Lafayette, Indiana -- to become a bank holding company 

through the acquisition of Lafayette Community Bank, a de novo bank.

- Approved, September 1, 2000 

Chicago

Old Kent Financial Corporation, Grand Rapids, Michigan -- to acquire Home Bancorp 

and Home Loan Bank, FSB, both of Fort Wayne, Indiana; and for Old Kent Bank, 

Grand Rapids, to merge with Home Loan Bank, FSB, and thereby establish branches.

- Approved, August 31, 2000 

Secretary

Patapsco Bancorp, Inc., Dundalk, Maryland -- to acquire Northfield Bancorp, Inc., 

Baltimore, and for its subsidiary, Patapsco Bank, to merge with Northfield Federal 

Savings Bank.

- Approved, August 28, 2000 

Richmond

Southern Michigan Bancorp, Inc., Coldwater, Michigan -- to acquire Sturgis Bank & 

Trust Company, Sturgis.

- Approved, September 1, 2000 

Chicago

UB Financial Corporation, Plantation, Florida -- to become a bank holding company 

through the acquisition of Union Bank of Florida.

- Withdrawn, August 28, 2000 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Bank Mergers

Pinnacle Bank, Papillion, Nebraska -- to merge with Pinnacle Bank in Aurora, Lexington, 

and Schuyler and establish additional branches.

- Approved, August 30, 2000 

Kansas City

Westamerica Bank, San Rafael, California -- to merge with First Counties Bank, 

Clearlake.

- Approved, September 1, 2000 

San Francisco

Bank Premises

Commercial Bank, Harrogate, Tennessee -- investment in bank premises.

- Approved, August 31, 2000 

Atlanta

Banks, Foreign

Caixa Geral de Depositos S.A., Lisbon, Portugal -- to retain shares of Banco Comercial 

Portugues, S.A., Oporto, and thereby acquire indirectly shares of BPA Bank, National 

Association, Newark, New Jersey, a de novo bank.

- Approved, August 30, 2000 

New York

Banks, Nonmember, And Miscellaneous Institutions

Chesapeake Energy Marketing, Oklahoma City, Oklahoma -- deregistration under 

Regulation U.

- Approved, August 25, 2000 (AC)

Kansas City

Farm Credit Services of the Mountain Plains, FLCA, Greeley, Colorado -- registration 

under Regulation U.

- Approved, August 25, 2000 (AC)

Kansas City

Titanium Metals Corporation, Denver, Colorado -- deregistration under Regulation U.

- Approved, August 25, 2000 (AC)

Kansas City

(AC) = Addition or Correction Delegated - Page 4 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Competitive Factors Reports

American National Bank, Gonzales, Texas -- report on competitive factors of the 

proposed acquisition of the Lockhart branch of First Commercial Bank, N.A., Seguin.

- Submitted, August 29, 2000 

Dallas

Atlanta National Bank, Atlanta, Illinois -- report on competitive factors of the proposed 

merger with National Bank of Atlanta, a de novo bank.

- Submitted, September 1, 2000 

Chicago

Bremer Bank, National Association, Moorhead, Minnesota -- report on competitive 

factors of the proposed merger with Bremer Bank, National Association, Detroit Lakes.

- Submitted, August 30, 2000 

Minneapolis

Carolina Federal Savings Bank, Charleston, South Carolina -- report on competitive 

factors of the proposed merger with Roper Employees Federal Credit Union.

- Submitted, August 31, 2000 

Richmond

Clovis Community Bank, Clovis, California -- report on competitive factors of the 

proposed merger with Clovis Merger Co.

- Submitted, August 30, 2000 

San Francisco

Commercial Bank, Leadville, Colorado -- report on competitive factors of the proposed 

acquisition of certain assets and assumption of certain liabilities of the Fairplay branch of 

Community First National Bank, Fort Morgan.

- Submitted, August 25, 2000 (AC)

Kansas City

Eagle National Bank, Dallas, Texas -- report on competitive factors of the proposed 

merger with New Eagle Bank, an interim bank.

- Submitted, September 1, 2000 

Dallas

(AC) = Addition or Correction Delegated - Page 5 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Competitive Factors Reports

First International Bank and Trust, Watford City, North Dakota -- report on competitive 

factors of the proposed merger with First International Bank and Trust, Scottsdale, 

Arizona.

- Submitted, September 1, 2000 

Minneapolis

First National Bank of Platteville, Platteville, Wisconsin -- report on competitive factors 

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

Hazel Green branch of F&M Bank-Wisconsin, Kaukauna.

- Submitted, September 1, 2000 

Chicago

First National Bank, Antlers, Oklahoma -- report on competitive factors of the proposed 

merger with Farmers Exchange Bank.

- Submitted, August 25, 2000 (AC)

Kansas City

First National Bank, Waupaca, Wisconsin -- report on competitive factors of the 

proposed merger with National Bank of Commerce, Pampa, Texas.

- Submitted, September 1, 2000 

Chicago

Firstar Bank, National Association, Cincinnati, Ohio -- report on competitive factors of 

the proposed purchase of certain assets and assumption of certain liabilities of 41 

Tennessee branches of First Union National Bank, Charlotte, North Carolina.

- Submitted, September 1, 2000 

Chicago

M&I Bank F.S.B., Las Vegas, Nevada -- report on competitive factors of the proposed 

purchase of certain assets and liabilities from PNC Bank, FSB, Pittsburgh, Pennsylvania.

- Submitted, September 1, 2000 

Chicago

(AC) = Addition or Correction Delegated - Page 6 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Competitive Factors Reports

Platte Valley State Bank and Trust Company, Kearney, Nebraska -- report on 

competitive factors of the proposed merger with Independent Trust Company, Grand 

Island.

- Submitted, August 25, 2000 (AC)

Kansas City

Standard Bank and Trust Company, Hickory Hills, Illinois -- report on competitive 

factors of the proposed purchase of the Morris and Coal City, Illinois, branches of TCF 

National Bank, Minneapolis, Minnesota.

- Submitted, September 1, 2000 

Chicago

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

proposed merger with 1st Choice Bank, Greeley.

- Submitted, August 24, 2000 (AC)

Kansas City

Western Sierra National Bank, Cameron, California -- report on competitive factors of 

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

Columbia branch of Pacific State Bank, Stockton.

- Submitted, August 30, 2000 

San Francisco

Extensions Of Time

Bankoelwein, Inc., Oelwein, Iowa -- extension to December 15, 2000, to become a 

bank holding company through the acquisition of Community Bank of Oelwein.

- Granted, August 31, 2000 

Chicago

First Community Bank, Glasgow, Montana -- extension to September 27, 2001, to 

establish a branch in Three Forks.

- Granted, August 29, 2000 

Minneapolis

(AC) = Addition or Correction Delegated - Page 7 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Extensions Of Time

Kane Commerce Co., Davenport, Iowa -- extension to December 13, 2000, to become 

a bank holding company through the acquisition of Community State Bank of Plymouth, 

Plymouth, Illinois.

- Granted, August 29, 2000 

Chicago

Keene Bancorp, Inc., 401(k) Employee Stock Ownership Plan and Trust, Keene, 

Texas -- extension to November 30, 2000, to acquire Keene Bancorp, Inc.; Nichols 

Bancshares, Inc., Dover, Delaware; and First State Bank, Keene.

- Granted, September 1, 2000 

Dallas

Ohio Legacy Corp., Wooster, Ohio -- extension to November 29, 2000, to acquire 

Ohio Legacy Bank, N.A.

- Granted, August 28, 2000 

Cleveland

Financial Holding Companies

Eastern Wisconsin Bancshares, Inc., Howards Grove, Wisconsin -- election to become a 

financial holding company.

- Effective, September 1, 2000 

Chicago

First Merchants Corporation, Muncie, Indiana -- election to become a financial holding 

company.

- Effective, August 28, 2000 

Chicago

Membership

Goshen Community Bank, Goshen, Indiana, a de novo bank -- to become a member of 

the Federal Reserve System.

- Approved, August 29, 2000 

Chicago

(AC) = Addition or Correction Delegated - Page 8 of 9
H.2 Actions under delegated authority August 27, 2000 to September 2, 2000

Membership

Premier Bank, Wilmette, Illinois -- to become a member of the Federal Reserve System.

- Returned, August 31, 2000 

Chicago

(AC) = Addition or Correction Delegated - Page 9 of 9
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3), 3(a)(5),

4(c)8

First Niagara Financial Group, Inc., and Niagara Bancorp,

MHC, both of Lockport, New York, (i) to acquire direct or

indirect ownership or control of 100 percent of the voting shares

of Cayuga Bank, (ii) for Iroquois to merge with and into First

Niagara Financial Group, Inc., and (iii) for First Niagara

Financial Group, Inc. and Niagara to acquire direct and indirect

ownership or control of the Homestead Savings FA.

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

MBRNEW Summit Bank Norwalk, CT. 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 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, September 2, 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, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Received notice from Farmers Citizens Bank, Bucyrus, OH on

08/29/2000 of its intent to establish a branch at 1363 State Route

61, Marengo, OH.*

08/19/2000

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Peninsula Trust Bank, Gloucester, Virginia, to merge with

United Community Bank, Franklin, Virginia.*

Newspaper - 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

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Colonial Bank, Montgomery, Alabama, to establish a branch

located at 18th Street North, Bessemer, Alabama.

08/31/2000*

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

8445 Wal Brook Drive, Knoxville, Tennessee, to be known as

the Walker Springs In-Store Branch.

09/08/2000*

*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

3(a)(1) Basile Bancshares, Inc., Basile, Louisiana, to become a bank

holding company by acquiring Basile State Bank, Basile,

Louisiana.

Fed Reg - 09/29/2000*

4(c)(8) Citco Community Bancshares, Inc., Elizabethton, Tennessee, to

merge with Twin City Bancorp, Inc., Bristol, Tennessee

(Bancorp), and directly acquire Twin City Federal Savings

Bank, Bristol, Tennessee (Thrift), and thereby engage in

operating a savings association, pursuant to section 4(c)(8) of

the Bank Holding Company Act and section 225.28(b)(4)(ii) of

Regulation Y. Immediately following the merger, Thrift will

merge with Bancorp’s wholly-owned subsidiary bank, Citizens

Bank, Elizabethton, Tennessee.

N/Avail*

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

3(a)(1) UB Financial Corporation, Plantation, Florida, notice to become

a bank holding company by acquiring Union Bank of Florida,

Plantation, Florida.

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

749635 AuburnBank

Post Office Drawer 3110

Auburn, Alabama 36831-3110

05/15/2000 08/27/2000 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Salin Bank and Trust Company, Indianapolis, Indiana, for prior

approval to establish a branch at 110 W. Main Street, Fort

Wayne, Indiana.*

Newspaper – 09/08/2000

* 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) Alpena Banking Corporation, Alpena, Michigan, for prior

approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of The Bank of

Alpena (in organization), Alpena, Michigan.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Independence Bancshares, Inc., Independence, Iowa, for prior

approval to acquire 100 percent of the voting shares of Fairbank

Bancshares Corp., Fairbank, Iowa, and thereby indirectly control

100 percent of Fairbank State Bank, Fairbank, Iowa.*

Fed Reg – 09/29/2000

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

2769039 First American Bank

800 Gordon Drive

Sioux City, Iowa 51101-5457

(712) 255-1012

03/27/2000 08/30/2000 O X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Notice by Eagle Bank and Trust Company, Little Rock,

Arkansas, to establish a branch office in a shopping center

located at 5600 R Street, Little Rock, Arkansas.*

9/15/2000

5(d)(3) Notice by Arvest Bank, Norman, Oklahoma, to merge with

Arvest United Bank, Oklahoma City, Oklahoma. (Previously

submitted during the week ending August 26, 2000)*

9/20/2000

* 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)(3), 3(a)(3) Companion notices by First Banks, Inc., St. Louis, Missouri, and

its subsidiary bank holding company, First Banks America, Inc.,

St. Louis, Missouri, to acquire Commercial Bank of San

Francisco, San Francisco, 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

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

420457 Southern Commercial Bank

St. Louis, Missouri

4/28/00 8/29/00 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, September 2, 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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Branch First American Bank & Trust Company, Purcell, Oklahoma, to

merge with First American Bank, N.A., Woodward, Oklahoma,

and incident thereto, establish a branch.

Newspaper - 09/25/2000

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

Type Application

Ending date of

comment period

3(a)(3) Central Financial Corporation, Hutchinson, Kansas, to acquire

20 percent of the voting shares of New Frontier Bancshares,

Inc., St. Charles, Missouri, and thereby indirectly acquire New

Frontier Bank, St. Charles, Missouri, a de novo bank in

organization.

Newspaper - 09/22/2000

Fed Reg - 09/08/2000

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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, September 2, 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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, September 2, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Farmers & Merchants Bank of Rockford, Spokane, Washington,

to establish a branch office inside the Albertson's store at 3010

E. 57th Avenue, Spokane, Washington. *

Newspaper - 08/25/2000

Branch Placer Sierra Bank, Auburn, California, to establish a branch

office at 112 Harding Boulevard, Roseville, California. *

Newspaper - 09/22/2000

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

Brenton Banks, Inc., and thereby indirectly acquire Brenton

Bank, both of Des Moines, Iowa. *

Newspaper - 10/01/2000

Fed Reg - 10/02/2000

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Wells Fargo & Company, San Francisco, California, to engage

in nonbanking activities through the acquisition of the nonbank

subsidiaries of Brenton Banks, Inc., Des Moines, Iowa.

Fed Reg - 10/02/2000
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member Bank of Petaluma, Petaluma, California, to become a member of

the Federal Reserve System.

Member Monterey County Bank, Monterey, California, to become a

member of the Federal Reserve System.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None