Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 40

Week Ending October 2, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions September 26, 1999 to October 2, 1999

Testimony And Statements

Electronic delivery of disclosures to consumers -- statement by Governor Gramlich 

on the Electronic Disclosures Delivery Act of 1999 before the Subcommittee on 

Financial Institutions and Consumer Credit, House Committee on Banking and 

Financial Services.

- Published, September 29, 1999 

Bank Holding Companies

AmSouth Bancorporation, Birmingham, Alabama -- Commenter's request for 

reconsideration of the Board's approval of the merger with First American 

Corporation, Nashville, Tennessee.

- Denied, September 27, 1999 

Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan -- to acquire, through CIT Group, 

Inc., Livingston, New Jersey, Newcourt Credit Group, Inc., Toronto, Canada, and 

thereby engage in activities such as extending credit, leasing, financial advisory, data 

processing, and agency transactional services.

- Approved, September 27, 1999 

Banks, Foreign

Caixa Geral de Depositos, S.A., Lisbon, Portugal -- to establish a branch in New 

York, New York.

- Approved, September 27, 1999 

Board Operations

General Personnel Records -- publication for comment of proposed amendments to a 

system of records.

- Published, September 30, 1999 

Change In Bank Control

Mercantile Bancorp, Inc., Quincy, Illinois -- change in bank control.

- Permitted, September 27, 1999 

Forms

Consumer Satisfaction Questionnaire (FR 1379) and Application for a Foreign 

Organization to Become a Bank Holding Company (FR Y-1f) -- extension with 

revision of both forms.

- Approved, September 29, 1999 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions September 26, 1999 to October 2, 1999

General Accounting Office

General Accounting Office -- response to GAO report, "Electronic Banking: 

Enhancing Federal Oversight of Internet Banking Activities."

- Approved, September 28, 1999 

Regulations And Policies

Financial institutions examinations -- interagency report to Congress on efforts to 

coordinate examinations as required by the Riegle Community Development and 

Regulatory Improvement Act.

- Approved, September 30, 1999 

Recent trends in bank lending standards for commercial loans -- issuance of 

supervisory letter.

- Published, September 28, 1999 

Regulation D -- final rule implementing the annual adjustment of the low reserve 

tranche and reserve requirement exemption and announcing the deposit reporting 

cutoff levels for 2000.

- Approved, September 27, 1999 

(AC) = Addition or Correction Board - Page 2 of 2
September 26, 1999 to October 2, 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

AmSouth Bank, Birmingham, Alabama -- to establish branches at 7393 Southland 

Boulevard, Orlando, Florida, and 10904 North 56th Street, Tampa.

- Approved, September 29, 1999 

Secretary

First Bank & Trust of Evanston, Evanston, Illinois -- to establish a branch at 100 

Green Bay Road, Winnetka.

- Approved, September 30, 1999 

Secretary

First Community Bank, Glasgow, Montana -- to establish a branch in Three Forks.

- Approved, September 27, 1999 

Minneapolis

Hedrick Savings Bank, Hedrick, Iowa -- to establish a branch at 216 South Market 

Street, Ottumwa.

- Approved, September 30, 1999 

Chicago

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 6515 Sugarloaf Parkway, 

Duluth.

- Approved, September 29, 1999 

Atlanta

Westamerica Bank, San Rafael, California -- to establish a branch at 1480 First 

Street, Livermore.

- Approved, October 1, 1999 

San Francisco

Bank Holding Companies

Alta Vista Bancshares, Inc., Alta Vista, Kansas -- to become a bank holding 

company through the acquisition of Alta Vista State Bank.

- Approved, September 28, 1999 

Kansas City

(AC) = Addition or Correction Delegated - Page 1 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Bank Holding Companies

Brookline Bancorp, Inc., Brookline, Massachusetts -- to acquire an interest in 

Eastern Funding, LLC, New York, New York, and thereby engage in a nonbanking 

activity.

- Approved, September 29, 1999 

Boston

Commercial Financial Corp., Storm Lake, Iowa -- to acquire Lakes Bancorporation, 

Inc. and First Security Banshares, Inc., Lake Park, and thereby acquire Security State 

Bank, Lake Park, and Security State Bank, Milford.

- Approved, October 1, 1999 

Chicago

Community Bancshares of Mississippi, Inc., Brandon, Mississippi -- to acquire 

Community Bank, Meridian, a de novo bank.

- Approved, September 27, 1999 

Atlanta

Community West Bancshares, Goleta, California -- to acquire Electronic Payment, 

LLC, and thereby engage in data processing activities.

- Withdrawn, September 30, 1999 

San Francisco

Durant Bancorp, Inc., Durant, Oklahoma -- request for waiver of application 

requirement in connection with the proposed acquisition of Oklahoma State 

Bancorporation, Ada, and Oklahoma State Bank.

- Approved, September 13, 1999 (AC)

Kansas City

Exchange Bancshares of Moore, Moore, Oklahoma -- to become a bank holding 

company through the acquisition of Exchange National Bank of Moore.

- Returned, September 30, 1999 

Kansas City

First Bancshares, Inc., Kansas City, Kansas -- to acquire The Lawrence Bank, 

Lawrence, a de novo bank.

- Approved, September 30, 1999 

Kansas City

(AC) = Addition or Correction Delegated - Page 2 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Bank Holding Companies

First International Bancshares, Inc., Corpus Christi, Texas -- redemption of stock.

- Approved, September 17, 1999 (AC)

Dallas

GreatBanc, Inc., Aurora, Illinois -- to acquire ANB Financial Services, Inc., and 

thereby engage in mortgage and loan servicing.

- Approved, September 30, 1999 

Chicago

Humboldt Bank, Eureka, California -- request for waiver of application in connection 

with the merger with Capitol Thrift and Loan Association, Napa.

- Returned, September 27, 1999 

San Francisco

Lakes Bancorporation, Inc., Storm Lake, Iowa -- to become a bank holding 

company through the acquisition of First Security Banshares, Inc., and indirectly 

Security State Bank, both of Lake Park, and Security State Bank, Milford.

- Approved, October 1, 1999 

Chicago

Lea M. McMullan Trust, Shelbyville, Kentucky -- to become a bank holding 

company with respect to Citizens Union Bancorp of Shelbyville, Inc.

- Approved, September 30, 1999 

St. Louis

Mid-Missouri Bancshares, Inc., Springfield, Missouri -- to acquire Mid-Missouri 

Mortgage Co., and thereby indirectly engage in mortgage lending activities.

- Approved, September 29, 1999 

St. Louis

P.C.B. Bancorp, Inc., Largo, Florida -- modification of a commitment.

- Returned, September 28, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Bank Holding Companies

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

company through the acquisition of Parkway Bank, N.A., a de novo bank.

- Approved, September 29, 1999 

Dallas

Pedcor Bancorp, Indianapolis, Indiana -- modification of a commitment.

- Approved, September 15, 1999 (AC)

San Francisco

Provident Bancorp, Amesbury, Massachusetts -- to become a mutual bank holding 

company through the reorganization of The Provident Bank.

- Approved, October 1, 1999 

Boston

Riverside Gulf Coast Banking Company, Cape Coral, Florida -- modification of a 

commitment.

- Withdrawn, September 30, 1999 

Atlanta

The Royal Bank of Scotland Group PLC, Edinburgh, Scotland, and The Royal Bank 

of Scotland PLC -- to acquire RBSG International Holdings Limited, Edinburgh; and 

for International Holdings to acquire Citizens Financial Group, Inc., Providence, 

Rhode Island, and its nonbanking operations.

- Approved, September 30, 1999 

Boston

Stichting Prioriteit ABN AMRO Holding, Amsterdam, The Netherlands; Stichting 

Administratiekantoor ABN AMRO Holding; ABN AMRO Holding N.V.; ABN 

AMRO Bank N.V.; and ABN AMRO North America, Inc., Chicago, Illinois -- to 

acquire Blue Bird Capital Corporation, Macon, Georgia, and thereby engage in 

leasing personal or real property.

- Approved, September 28, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 4 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Bank Holding Companies

UMB Financial Corporation, Kansas City, Missouri, and First Sooner Bancshares, 

Inc., Oklahoma City, Oklahoma -- to acquire Charter Bancshares, Inc., Oklahoma 

City, and thereby acquire Charter National Bank.

- Approved, September 28, 1999 

Kansas City

Valley View Bancshares, Inc., Overland Park, Kansas -- to acquire Valley View 

Financial Group Trust Company, Mission, and thereby engage in trust activities.

- Approved, October 1, 1999 

Kansas City

Wells Fargo & Company, San Francisco, California; Norwest Mortgage, Inc., Des 

Moines, Iowa; and Norwest Ventures, LLC -- to engage through MSC Mortgage, 

LLC, Sarasota, Florida, in residential mortgage lending activities.

- Approved, October 1, 1999 

San Francisco

Banks, Nonmember, And Miscellaneous Institutions

Camden Realty, Inc., Houston, Texas -- deregistration under Regulation U.

- Approved, September 28, 1999 

Dallas

Foothill Capital Corporation, Los Angeles, California -- deregistration under 

Regulation U.

- Approved, September 27, 1999 

San Francisco

Banks, State Member

Century Bank of the Ozarks, Gainesville, Missouri -- payment of dividends.

- Approved, September 30, 1999 

St. Louis

Westamerica Bank, San Rafael, California -- payment of a dividend.

- Approved, September 28, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 5 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Change In Bank Control

Peoples Bankshares, Inc., Mora, Minnesota -- change in bank control.

- Permitted, September 29, 1999 

Minneapolis

Competitive Factors Reports

First United Bank and Trust Company, Durant, Oklahoma -- report on competitive 

factors of the proposed merger with Oklahoma State Bank, Ada.

- Submitted, September 27, 1999 

Kansas City

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

of the proposed merger with Firstar Metropolitan Bank & Trust, Phoenix, Arizona.

- Submitted, October 1, 1999 

Chicago

NewSouth Bank, Washington, North Carolina -- report on competitive factors of the 

proposed merger with Home Federal Savings and Loan Association, Fayetteville.

- Submitted, September 30, 1999 

Richmond

Pinnacle National Bank, Estes Park, Colorado -- report on competitive factors of the 

proposed merger with Park National Bank.

- Submitted, September 27, 1999 

Kansas City

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

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

office of The Dime Savings Bank of Williamsburg, Brooklyn.

- Submitted, September 28, 1999 

New York

State Bank, La Grange, Texas -- report on competitive factors of the proposed 

merger with First State Bank, Dime Box.

- Submitted, September 29, 1999 

Dallas

(AC) = Addition or Correction Delegated - Page 6 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Competitive Factors Reports

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

merger with Texline Interim State Bank.

- Submitted, September 27, 1999 

Dallas

Extensions Of Time

Consolidated Equity Corporation, Purcell, Oklahoma, and McClain County 

Bancorporation -- extension to December 27, 1999, to engage in community 

development activities through the Heart of Oklahoma Community Development 

Corporation.

- Granted, September 27, 1999 

Kansas City

Merchants and Manufacturers Bancorporation, Inc., New Berlin, Wisconsin -- 

extension to December 31, 1999, to acquire Pyramid Bancorp, Inc., Grafton, and 

thereby acquire Grafton State Bank.

- Granted, September 29, 1999 

Chicago

Peoples Bancorp, Inc., Arlington Heights, Illinois -- extension to January 2, 2000, to 

become a bank holding company through the acquisition of The Peoples Bank of 

Arlington Heights, a de novo bank.

- Granted, September 30, 1999 

Chicago

Pioneer Bank & Trust, Belle Fourche, South Dakota -- extension to January 6, 2000, 

to establish a branch in Rapid City.

- Granted, September 28, 1999 

Minneapolis

Membership

Downey National Bank, Downey, California. -- to retain membership in the Federal 

Reserve System on conversion to a state-chartered bank, CalWest Bank.

- Approved, October 1, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 7 of 8
H.2 Actions under delegated authority September 26, 1999 to October 2, 1999

Membership

Palomar Savings and Loan, Escondido, California -- membership in the Federal 

Reserve System on conversion to a state commercial bank charter.

- Withdrawn, September 30, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 8 of 8
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, October 2, 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) Brookline Bancorp, MHC, Brookline, Massachusetts and

Brookline Bancorp, Inc., Brookline, Massachusetts - application

to acquire up to 24.9% of Medford Bancorp, Inc., Medford,

Massachusetts

Newspaper – N/Avail

Fed Reg – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Boston Private Financial Holdings, Boston, Massachusetts -

application to acquire 100% of the voting shares of Rinet

Company, Inc., Boston, Massachusetts*

Fed Reg - 10/12/1999

*This was previously identified on the September 18, 1999 H2bos. Comment period ending date has been

extended.

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, October 2, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

representative office in New York, New York.

Newspaper – N/Avail

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

York, New York, and to establish representative offices in

Chicago, Illinois and San Francisco, California.

Newspaper – N/Avail

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

to establish a branch office located at 2277 Route 9, Town of

Fishkill, New York.*

Newspaper – 10/25/1999

* 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)(1) Banco Portugues do Atlantico, S.A., Porto, Portugal; Banco

Comercial Portugues, S.A., Porto, Portugal; BCP-IF, S.B.P.S.,

Socieded Unipessoal LDA, Funchal, Maderia, Portugal; Banco

Portugues do Atlantico (USA), Inc., Newark, New Jersey, to

establish and acquire a de novo national bank subsidiary, Banco

Portugues do Atlantico, N.A., Newark, New Jersey.*

Newspaper – 10/22/1999

Fed Reg – 10/25/1999

CIBC Mr. Angelo DeCaro, Riverside, Connecticut, to acquire

additional outstanding common stock of Patriot National

Bancorp, Inc., Stamford, Connecticut, thereby increasing the

shares held from 9.59 percent to 24.9 percent of the outstanding

stock.

Newspaper – N/Avail

Fed Reg – 10/19/1999

3(a)(5) Tompkins Trustco, Inc., Ithaca, New York, to merge with

Letchworth Independent Bancshares Corporation, Castile, New

York (“Letchworth”), and thereby acquire Letchworth’s

subsidiary banks, The Bank of Castile, Castile, New York, and

The Mahopac National Bank, Mahopac, New York.*

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) Landesbank Baden-Wurttemberg, Stuttgart, Federal Republic of

Germany, through its subsidiaries, SudLeasing (USA) Corp.,

and SL First Credit Corp., New York, New York, to engage de

novo in leasing activities.

Fed Reg – 10/15/1999

4(c)(8) UBS AG, Zurich, Switzerland, to acquire Global Asset

Management Limited, Hamilton, Bermuda, and thereby engage

in various nonbanking activities.

Fed Reg – N/Avail

4(c)(8) National Westminster Bank Plc, London, England, to invest

through its wholly-owned subsidiary, NatWest Group Holdings

Corporation, New York, New York, in Identrus, LLC, New

York, New York, 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, October 2, 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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, October 2, 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

645625 WesBanco, Inc. and WesBanco

BankWheeling, Wheeling, WV

06/22/1999 09/27/1999 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, October 2, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Crestar Bank, Richmond, Virginia, to establish a branch in the

Radford Wal-Mart, 7373 Peppers Ferry Boulevard, Radford,

Virginia, and in the Virginia Center Marketplace Shopping

Center near the intersection of Brook Road and JEB Stuart

Boulevard, Glen Allen, Virginia.*

Newspaper – 10/16/1999

*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)(5) Uwharrie Capital Corp., Albemarle, North Carolina, to acquire

Anson Bancorp, Inc., Wadesboro, North Carolina, and thereby

indirectly acquire Anson Savings Bank, Inc., Wadesboro,

North Carolina.*

Fed Reg – 10/25/1999

Newspaper - 10/18/1999

3(a)(1) Greenville First Bancshares, Inc., Greenville, South Carolina,

to become a bank holding company through the acquisition of

100% of the voting shares of Greenville First Bank, N.A. (in

organization), Greenville, S. C.*

Fed Reg – 10/28/1999

Newspaper – 10/24/1999

3(a)(3) South Branch Valley Bancorp, Inc., Moorefield, West Virginia,

to acquire Potomac Valley Bank, Petersburg, West Virginia.*

Fed Reg – 10/29/1999

Newspaper - N/Avail

3(a)(5) BB&T Corporation, Winston-Salem, North Carolina, to merge

with Premier Bancshares, Inc., Atlanta, Georgia.*

Fed Reg – N/Avail

Newspeper – 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

2736451 New Peoples Bank

2 Gent Street

Honaker, Virginia 24260

07/12/1999 09/24/1999 S X

2652092 EagleBank

7815 Woodmont Avenue

Bethesda, Maryland 20814

07/19/1999 10/01/1999 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, October 2, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) Compass Bank, Birmingham, Alabama, to merge with Western

Bank, Albuquerque, New Mexico.

N/Avail*

Branch AmTrade International Bank of Georgia, Atlanta, Georgia, to

establish a branch located at 777 Brickell Avenue, Suite 1300,

Miami, Florida.

10/06/1999*

*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)(5) Compass Bancshares, Inc., Birmingham, Alabama, to merge

with Western Bancshares of Albuquerque, Inc., and thereby

acquire Western Bank, both of Albuquerque, New Mexico.

N/Avail*

3(a)(1) LandMark Financial Holding Company, Sarasota, Florida, to

become a bank holding company by acquiring LandMark Bank

of Florida, Sarasota, Florida (in organization).

Fed Reg - 10/28/1999*

CIC Sarasota BanCorporation, Inc., Sarasota, Florida, prior

notification by Mr. Gilbert J. Wellman, Sarasota, Florida, to

acquire 23.24 percent of the outstanding shares of Sarasota

BanCorporation, Inc., Sarasota, Florida. Total ownership will be

32.18 percent.

Fed Reg - 10/20/1999*

4(c)(8) PAB Bankshares, Inc., Valdosta, Georgia, to acquire Baxley

Federal Savings Bank, Baxley, Georgia, and thereby engage in

operating a savings association.

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

4(c)(8) Synovus Financial Corporation, Columbus, Georgia, to engage

through a 40 percent ownership interest in a joint venture

company, Prepaid Technologies, LLC, Birmingham, Alabama

(in organization), in nonbanking activities including developing,

introducing, selling, and marketing prepaid, stored value cards,

offering prepaid, card based financial services, and products.

10/20/1999

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 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, October 2, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Merger UnionBank/West

Macomb, Illinois

 Rushville, Illinois branch office of Associated Bank Illinois,

 National Association, Rockford, Illinois and to establish a

 branch at 116 South Congress, Rushville,Illinois

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

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 – 10/8/1999

Newspaper – 10/4/1999

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 – 10/8/1999

Newspaper – 10/4/1999

3(a)(3) &

3(a)(5)

First Manitowoc Bancorp, Inc.*

Manitowoc, Wisconsin

 Dairy State Financial Services, Inc.

 Plymouth, Wisconsin

 Dairy State Bank

 Plymouth, Wisconsin

Fed Reg – 10/25/1999

Newspaper – 10/26/1999l

* 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) Iowa State Bank Holding Company

Des Moines, Iowa

 Capitol Partners, L.C.

 Des Moines, Iowa and to engage de novo in community

 development activity

Fed Reg – 10/15/1999

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

331647 Bank One-Michigan

611 Woodward Avenue

P.O. Box 116

Detroit, Michigan 48226-3497

(313) 225-1000

8/10/1998 9/29/1999 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, October 2, 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 Notice involving PDR Bancshares, Inc., Prairie du Rocher,

Illinois, by Carl J. Braun as trustee of the Carl J. Braun Trust.

Newspaper – 10/27/1999

Fed Reg – 10/26/1999

3(a)(3) Notice by First Delta Bankshares, Inc., Blytheville, Arkansas, to

acquire Merchants and Planters Bank, Manila, Arkansas.*

Newspaper – N/Avail.

Fed Reg – 11/5/1999

3(a)(1) Notice by St. Elizabeth Bancshares, Inc., St. Elizabeth, Missouri,

to acquire Bank of St. Elizabeth, St. Elizabeth, Missouri.*

Newspaper – 10/30/1999

Fed Reg – 11/5/1999

* 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

SMBOTH Notice by Century Bank of the Ozarks, Gainesville, Missouri, to

make a dividend payment.

4(j)(5)(B) Notice by Area Bancshares Corporation, Ownensboro,

Kentucky, to indirectly engage in financial and investment

advisory activities and agency transactional services as risklessprincipal.

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

499613 Fifth Third Bank of Kentucky

Louisville, Kentucky

3/22/1999 9/30/1999 O X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, October 2, 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)A Northern Plains Investment, Inc., Jamestown, North Dakota,

proposes to acquire 1.39% of the voting shares of North Star

Holding Company, Jamestown, North Dakota, thereby

increasing its control to 43.33%.

Newspaper - 10/28/1999

3(a)(3)A First Bancshares Corporation, Gladstone, Michigan, for prior

approval to acquire up to an additional 9.15% of the voting

shares of Baybank Corporation, Gladstone, Michigan, thereby

increasing its ownership up to 19.99%.

N/Avail.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, October 2, 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) Graff Family, Inc., McCook, Nebraska, to become a bank

holding company by acquiring 80 percent of the voting shares of

McCook National Company, McCook, Nebraska.

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(3) Norton Bancshares, Norton, Kansas, to acquire 100 percent of

the voting shares of Consolidated Insurance, Inc., Hill City,

Kansas; and thereby indirectly acquire Consolidated State Bank,

Hill City, Kansas.

Newspaper – 10/25/1999

Fed Reg – 10/18/1999

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Member First American State Bank, Greenwood Village, Colorado, for

membership in 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 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, October 2, 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 D’Ruth Crosgrove, Canadian, TX, et al, to acquire an interest in

First Canadian Bancorporation, Inc., Canadian, TX

(previously reported the week ending September 25, 1999)

Fed Reg – 10/15/1999

Newspaper – 09/22/1999

CIC Midgard, Ltd., Ennis, TX, to acquire an interest in

Ennis Bancshares, Inc., Waco, TX

Fed Reg – N/Avail

Newspaper – N/Avail

CIC Jo Bess Jackson, Dallas, TX, to acquire an interest in

First Sonora Bancshares, Inc., Sonora, TX

Fed Reg – N/Avail

Newspaper – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, October 2, 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)(5) VIB Corp., El Centro, California, to merge with Kings River

Bancorp, and thereby indirectly acquire its subsidiary, Kings

River State Bank, both of Reedley, California. *

Newspaper - N/Avail

Fed Reg - 11/01/1999

* 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

3(a)(5)(C) Pacific Crest Capital, Inc., to become a bank holding company

by acquiring Pacific Crest Bank, both of Augora Hills,

California.

3(a)(5)(C) Intermountain First Bancorp to become a bank holding company

by acquiring Nevada First Bank, both of Las Vegas, Nevada.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

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

Allied Leasing Company, Burnsville, Minnesota.

S/R Westamerica Bank, San Rafael, California, to pay a dividend of

$40 million to its parent, Westamerica Bancorporation, San

Rafael, California.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

843270 Community First Bank

555 W. Third Street

P.O. Box 447

Prineville, OR 97754-1838

(541) 447-6242

06/01/1999 09/28/1999 S X

The above listing has been prepared as a courtesy by the Federal Reserve Bank of San Francisco, and is not

intended to replace formal notices required by statute or regulation; the Reserve Bank assumes no responsibility

for errors or omissions.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None