Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 37

Week Ending September 11, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 5, 1999 to September 11, 1999

Bank Holding Companies

Fleet Financial Group, Inc., Boston, Massachusetts -- to acquire BankBoston 

Corporation and its banking and nonbanking subsidiaries.

- Approved, September 7, 1999 

Bank Mergers

United Bank of Philadelphia, Philadelphia, Pennsylvania -- to acquire four 

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

- Approved, September 7, 1999 

Board Operations

Budget -- for 2000-2001.

- Approved, September 7, 1999 

Office of Inspector General -- budget for 2000-2001.

- Approved, September 7, 1999 

Change In Bank Control

St. Stephen BanGroup, Inc., Minneapolis, Minnesota -- change in bank control.

- Permitted, September 7, 1999 

Forms

Information collection under OMB delegated authority -- extension with revisions of 

Federal Reserve membership and Reserve Bank stock application forms: FR 2083-

2083E (membership); FR 2030 (Reserve Bank stock); FR 2030a (state-to-national 

bank conversion); FR 2056 (stock holding adjustment); FR 2086 (stock 

cancellation); FR 2086a (merger or consolidation); FR 2086b (converting national 

bank); and FR 2087 (insolvency).

- Approved, September 10, 1999 

General Accounting Office

General Accounting Office -- Response to final report entitled "Federal Reserve 

Banks: Areas for Improvement in Computer Controls."

- Approved, September 7, 1999 

Regulations And Policies

Regulation L -- final interagency rules on management interlocks.

- Approved, September 7, 1999 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions September 5, 1999 to September 11, 1999

Enforcement

First Security Bancshares, Inc., Lake Park, Iowa, and Security State Bank, Milford -- 

written agreement with the Federal Reserve Bank of Chicago.

- Announced, September 8, 1999 

(AC) = Addition or Correction Board - Page 2 of 2
September 5, 1999 to September 11, 1999

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

James Monroe Bank, Arlington, Virginia -- to establish a branch at 7023 Little River 

Turnpike, Annandale.

- Approved, September 8, 1999 

Richmond

People First Bank, Hennessey, Oklahoma -- to establish a branch at 1601 S.E. 19th 

Street, Edmond.

- Approved, September 9, 1999 

Kansas City

Woodlands Bank, Williamsport, Pennsylvania -- to establish a branch at 213 West 

Fourth Street.

- Approved, September 3, 1999 (AC)

Philadelphia

Bank Holding Companies

ABN AMRO Bank N.V., Amsterdam, The Netherlands; ABN AMRO Holding N.V., 

Stichting Administratiekantoor ABN AMRO Holding, and Stichting Prioriteit ABN 

AMRO Holding -- to engage through ABN AMRO Advisory, Inc., New York, New 

York, in providing financial advisory services.

- Permitted, September 9, 1999 

Chicago

Cambank, Inc., Lake Zurich, Illinois -- to become a bank holding company through 

the acquisition of Cambridge Bank.

- Approved, September 10, 1999 

Chicago

Capitol Bancorp, Ltd., Lansing, Michigan; Sun Community Bancorp Limited, 

Phoenix, Arizona; and Nevada Community Bancorp Limited, Las Vegas, Nevada -- 

to acquire shares of Red Rock Community Bank, a de novo bank.

- Returned, September 9, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority September 5, 1999 to September 11, 1999

Bank Holding Companies

Commercial Bancshares, Inc., Houston, Texas, and Heritage Bancshares, Inc., 

Wilmington, Delaware -- request for a waiver in connection with the acquisition of 

Heritage Interim Bank, Wharton, Texas.

- Approved, September 10, 1999 

Dallas

Delta Trust & Banking Corporation, Little Rock, Arkansas -- to become a bank 

holding company through the acquisition of shares of SEA Bancshares, Inc., 

Parkdale, and thereby acquire Southeast Arkansas Bank.

- Approved, September 8, 1999 

St. Louis

First Busey Corporation, Urbana, Illinois -- to acquire Eagle BancGroup, Inc., 

Bloomington, and thereby acquire First Federal Savings and Loan Association of 

Bloomington.

- Approved, September 10, 1999 

Chicago

First M&F Corporation, Kosciusko, Mississippi -- to acquire Community Federal 

Bancorp, Inc., Tupelo, and thereby acquire Community Federal Bank.

- Approved, July 21, 1999 (AC)

St. Louis

Gilmer National Bancshares, Inc., Gilmer, Texas -- to become a bank holding 

company through the acquisition of Gilmer National Bancshares Delaware, Inc., 

Wilmington, Delaware; and for both companies to acquire Gilmer National Bank, 

Gilmer.

- Approved, September 10, 1999 

Dallas

Kercheval Limited Partnership, Largo, Florida -- to become a bank holding company 

through the acquisition of shares of Montezuma State Bank, Montezuma, Iowa.

- Approved, September 9, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority September 5, 1999 to September 11, 1999

Bank Holding Companies

Mille Lacs Bancorporation, Inc., Onamia, Minnesota -- to acquire Rural American 

Bank-Hinckley, Hinckley.

- Approved, September 10, 1999 

Minneapolis

Old Kent Financial Corporation, Grand Rapids, Michigan -- to engage de novo 

through Old Kent Securities Corporation in certain nonbanking activities.

- Approved, August 30, 1999 (AC)

Secretary

Patriot National Bancorp, Inc., Stamford, Connecticut -- to become a bank holding 

company with respect to Patriot National Bank, and report on competitive factors of 

proposed transaction.

- Approved, September 10, 1999 

New York

Synovus Financial Corp., Columbus, Georgia -- to acquire Wallace & DeMayo, Inc., 

Norcross, and thereby engage in debt collection agency services.

- Approved, September 7, 1999 

Atlanta

Synovus Financial Corp., Columbus, Georgia, and TB&C Bancshares, Inc. -- to 

merge with Ready Bank of Fort Walton Beach Holding Company, Fort Walton 

Beach, Florida, and thereby acquire Ready Bank of West Florida.

- Approved, September 2, 1999 (AC)

Atlanta

Banks, Nonmember, And Miscellaneous Institutions

Finova Technology Finance, Inc., Phoenix, Arizona -- deregistration under 

Regulation U.

- Approved, September 8, 1999 

San Francisco

Great Western Insurance Company, Ogden, Utah -- deregistration under Regulation 

U.

- Approved, September 9, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority September 5, 1999 to September 11, 1999

Banks, Nonmember, And Miscellaneous Institutions

Levi Strauss Employees Federal Credit Union, San Francisco, California -- 

deregistration under Regulation U.

- Approved, September 8, 1999 

San Francisco

Marshall & Ilsley Corporation, Milwaukee, Wisconsin -- to acquire, through M&I 

Data Services, assets of Cardpro Services, Inc., Willowbrook, Illinois, and thereby 

engage in data processing services.

- Approved, September 10, 1999 

Chicago

Rambus, Inc., Mountain View, California -- deregistration under Regulation U.

- Approved, September 9, 1999 

San Francisco

Tucson Telco Federal Credit Union, Tucson, Arizona -- deregistration under 

Regulation U.

- Approved, September 9, 1999 

San Francisco

Change In Bank Control

First National Bancorp of River Falls, Inc., River Falls, Wisconsin -- change in bank 

control.

- Permitted, September 9, 1999 

Minneapolis

Hometown Bancorp, Inc., Milan, Tennessee -- change in bank control.

- Permitted, September 7, 1999 

St. Louis

Mahnomen Bancshares, Inc., Mahnomen, Minnesota -- change in bank control.

- Permitted, September 7, 1999 

Minneapolis

Rossville Bankshares, Inc., Rossville, Georgia -- change in bank control.

- Permitted, September 10, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority September 5, 1999 to September 11, 1999

Competitive Factors Reports

Bank of Beulah, Beulah, North Dakota -- report on competitive factors of the 

proposed merger with Security State Bank of Robinson, Robinson.

- Submitted, September 9, 1999 

Minneapolis

First Bank of Oak Park, Oak Park, Illinois -- report on competitive factors of the 

proposed merger with Sterling Savings Bank, Chicago.

- Submitted, September 10, 1999 

Chicago

First National Bank in Pinckneyville, Pinckneyville, Illinois -- report on competitive 

factors of the proposed purchase of the Pinckneyville branch of Chester National 

Bank, Chester.

- Submitted, September 10, 1999 

St. Louis

First State Bank, N.A., Canadian, Texas -- report on competitive factors of the 

proposed merger with Follett National Bank, Follett.

- Submitted, September 7, 1999 

Dallas

Heritage Bank, Wharton, Texas -- report on competitive factors of the proposed 

merger with Heritage Interim Bank.

- Submitted, September 8, 1999 

Dallas

Independent Bank, Ionia, Michigan; Independent Bank East Michigan, Caro; and 

Independent Bank West Michigan, Rockford -- report on competitive factors of the 

proposed merger with Independent Bank MSB, Bay City.

- Submitted, September 9, 1999 

Chicago

Mid Am Private Trust, NA, Cincinnati, Ohio -- report on competitive factors of the 

proposed merger with Sky Trust, NA, Pepper Pike.

- Submitted, August 31, 1999 (AC)

Cleveland

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority September 5, 1999 to September 11, 1999

Competitive Factors Reports

Nueces National Bank, Corpus Christi, Texas -- report on competitive factors of the 

proposed acquisition of a branch at 10935 Leopard Street, Corpus Christi, from First 

National Bank, Edinburg.

- Submitted, September 7, 1999 

Dallas

Rural American Bank-Hinckley, Hinckley, Minnesota -- report on competitive 

factors of the proposed merger with Woodlands National Bank, Onamia.

- Submitted, September 10, 1999 

Minneapolis

Webster Financial Corporation, Waterbury, Connecticut -- report on competitive 

factors of the proposed acquisition of New England Community Bancorp, Inc., 

Windsor.

- Submitted, September 7, 1999 

Boston

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to December 13, 1999, 

to acquire The ANB Corporation, The ANB Delaware Corporation, and The 

American National Bank of Texas.

- Granted, September 10, 1999 

Dallas

Frontier Financial Corporation, Everett, Washington -- extension to December 3, 

1999, to acquire an interest in Washington Banking Company, Oak Harbor.

- Granted, September 10, 1999 

San Francisco

Marine Bancshares, Inc., Naples, Florida -- extension to December 22, 1999, to 

become a bank holding company through the acquisition of Marine National Bank of 

Naples, a de novo bank.

- Granted, September 9, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority September 5, 1999 to September 11, 1999

Extensions Of Time

South Alabama Bancorporation, Mobile, Alabama -- extension to December 3, 1999, 

to merge with Sweet Water State Bancshares, Inc., Sweet Water, and thereby 

acquire Sweet Water State Bank.

- Granted, September 3, 1999 (AC)

Atlanta

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) BostonFed Bancorp, Burlington, Massachusetts - notification to

acquire 100% of outstanding shares of Diversified Ventures,

Inc., d/b/a Forward Financial Company, Northborough,

Massachusetts

Fed Reg - 09/28/1999

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 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Moscow Narodny Bank, London, England, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA PT Bank Mandiri (Persero), Jakarta, Indonesia, to establish a

representative office in New York, New York.

Newspaper – N/Avail

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

establish a branch office located at 13701 Riverside Drive, #100,

Sherman Oaks, California .*

Newspaper – 09/27/1999

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(3) Warwick Community Bancorp, Inc., Warwick, New York, to

acquire The Towne Center Bank, Lodi, New Jersey.*

Newspaper – 09/20/1999

Fed Reg – 10/07/1999

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Banco Santander Central Hispano, S.A., Madrid, Spain, to

purchase interests in business trusts holding personal property

subject to lease, and thereby to engage de novo in leasing

activities.

Fed Reg – 09/22/1999

4(c)(8) Canadian Imperial Bank of Commerce, Toronto, Canada, to

invest through its wholly-owned subsidiary, CIBC World

Markets Corp., in Identrus, LLC, New York, New York (aka

Global Trust Organization), and engage de novo in digital

certification, and data processing and data transmission

activities.

Fed Reg – N/Avail
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Omega Financial Corporation, State College, PA to acquire up

to 24.9 percent of the voting shares of Clearfield Bank & Trust

Company, Clearfield, PA, pursuant to Section 3(a)(3) of the

Bank Holding Company Act.

Fed Reg: N/Avail

Newspaper: 10/4/99

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 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

4(c)(8) Received notice from PNC Bank Corp., Pittsburgh, PA on

09/07/1999 of its intent to acquire First Data Investor Services

Group, Inc., Westborough, MA.

09/29/1999

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

990325 F&M Bank-Winchester

115 North Cameron Street

Winchester, Virginia 22601

05/17/1999 09/09/1999 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located inside the Albertson’s store located at the intersection of

83rd and Deer Valley, Peoria, Arizona.

09/30/1999*

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

located inside the Albertson’s store located at the intersection of

Silverbell and Speedway, Tucson, Arizona.

09/30/1999*

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

located inside the Albertson’s store located at the intersection of

Stanley and University, Mesa, Arizona.

09/30/1999*

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

located inside the Albertson’s store located at the intersection of

Cooper and Ray Road, Phoenix, Arizona.

09/30/1999*

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

located inside the K-Mart store located at 7055 East Broadway,

Tucson, Arizona, to be known as the Broadway K-Mart Branch.

09/30/1999*

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

located inside the Albertson’s store located inside Arizona

Bank’s corporate offices at 2850 E. Camelback, Phoenix,

Arizona.

09/30/1999*

Branch Provident Bank of Florida, Sarasota, Florida, to establish a

branch located at 3275 University Parkway, Sarasota, Florida.

09/11/1999*

FBAG Banco Comercial Português, S.A., Porto, Portugal, to establish

an international representative office to be located in Miami,

Florida.

N/Avail

*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) Equitex, Inc., Englewood, Colorado, to become a bank holding

company by acquiring First TeleBanc Corporation, Boca Raton,

Florida, and its subsidiary, Net First National Bank, Boca Raton,

Florida.

N/Avail*

3(a)(1) Ebenezer Pan-African Development Organization, Inc., on

behalf of Pan-African Bancorp, Inc., Lauderdale Lakes, Florida,

to become a bank holding company by acquiring People’s

National Bank of Commerce, Miami, Florida.

N/Avail*

3(a)(5) Synovus Financial Corporation, Columbus, Georgia, to merge

with Horizon Bancshares, Inc., Pensacola, Florida, and thereby

acquire Horizon Bank of Florida, Pensacola, Florida.

Newspaper - 09/27/1999*

*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) Peninsula Bancorp, Inc., Daytona Beach, Florida, notice to

become a bank holding company by acquiring Peninsula Bank

of Central Florida, Daytona Beach, 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

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Salin Bank & Trust Company

Indianapolis, Indiana

 Establish a mobile branch-courier service that will operate

 in Lafayette, Fort Wayne, Marion, Kokomo, Logansport

 Columbus, and Indianapolis, all in Indiana

Newspaper – 07/27/1999

Branch First Bank & Trust of Evanston

Evanston, Illinois

 100 Green Bay Road

 Winnetka, Illinois

Newspaper – 09/27/1999

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

Type Application

Ending date of

comment period

3(a)(3) Village Bancorp, Inc.*

Prospect Heights, Illinois

 Village Bank and Trust of Munster (in organization)

 Munster, Indiana

Fed Reg – 09/23/1999

Newspaper – 09/27/1999

3(a)(1) WCB Holding Company of Illinois, Inc.*

Geneva, Illinois

 Winfield Community Bank (in organization)

 Winfield, Illinois

Fed Reg – 10/04/1999

Newspaper – 09/27/1999

3(a)(3) Commercial Financial Corp.*

Storm Lake, Iowa

 Lakes Bancorporation, Inc.

 Storm Lake, Iowa

 First Security Banshares, Inc.

 Lake Park, Iowa

 Security State Bank

 Lake Park, Iowa

 Security State Bank

 Milford, Iowa

Fed Reg – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) Lakes Bancorporation, Inc.*

Storm Lake, Iowa

 First Security Banshares, Inc.

 Lake Park, Iowa

 Security State Bank

 Lake Park, Iowa

 Security State Bank

 Milford, Iowa

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

4(c)(8) GreatBanc, Inc.

Aurora, Illinois

 ANB Financial Services, Inc.

 Aurora, Illinois

Fed Reg – 09/10/1999

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) Notice by the Lea M. McMullan Trust, Shelbyville, Tennessee

(Lea M. McMullan, trustee), as managing general partner for the

L.B.S. McMullan Limited Partnership, Shelbyville, Kentucky,

which owns 35.81 percent of the voting shares of Citizens Union

Bancorp of Shelbyville, Shelbyville, Tennessee.*

Newspaper – 9/25/1999

Fed Reg – 9/24/1999

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(1) FMLB Acquisition, Inc., Medicine Lodge, Kansas, to become a

bank holding company through the acquisition of 100 percent of

the voting shares of First Medicine Lodge Bancshares, Inc.,

Medicine Lodge, Kansas; and thereby indirectly acquire First

National Bank of Medicine Lodge, Medicine Lodge, Kansas.

Newspaper – 10/03/1999

Fed Reg – 10/08/1999

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Harlan R. Heitkamp, Corpus Christi, TX, et al, to acquire an

interest in First International Bancshares, Inc., Corpus Christi,

TX

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Overton Financial Corporation, Overton, TX, and

Overton Delaware Corporation, Dover, DE, to acquire

Longview Financial Corporation, Longview, TX*

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 Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, September 11, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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

with Norwest Financial Services, Inc., and Norwest Financial,

Inc., both of Des Moines, Iowa, to acquire certain consumer

finance receivables through TCF National Bank Minnesota,

Minneapolis, Minnesota.

3(a)(5)(C) Centennial First Financial Services to become a bank holding

company by acquiring Redlands Centennial Bank, both of

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

Type Application

COM Frontier Financial Corporation, Everett, Washington, requests

relief of “CrownX” non-control commitments made in

connection with the approval of 20 percent of AEA Bancshares,

Inc., Seattle, Washington.

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