Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 25

Week Ending June 19, 1999

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions June 13, 1999 to June 19, 1999

Testimony And Statements

Monetary policy and the economic outlook -- statement by Chairman Greenspan 

before the Joint Economic Committee, June 17, 1999.

- Published, June 17, 1999 

Advisory Councils

Consumer Advisory Council -- request for nominations for seven new members.

- Announced, June 16, 1999 

Bank Holding Companies

Ideal Bancshares, Inc., West Fargo, North Dakota -- to become a bank holding 

company through the acquisition of First State Bank of Goodrich, Goodrich.

- Approved, June 14, 1999 

Otto Bremer Foundation, St. Paul, Minnesota, and Bremer Financial Corporation -- 

to acquire Dean Financial Services, Inc., St. Paul, Minnesota, and thereby acquire its 

subsidiary banks, First National Bank of Aitkin, Aitkin; State Bank of Edgerton, 

Edgerton; First State Bank of Eden Prairie, Eden Prairie; and Princeton Bank, St. 

Paul.

- Approved, June 16, 1999 

Piraeus Bank, Athens, Greece -- to become a bank holding company through the 

acquisition of Marathon Banking Corporation, Astoria, New York, and its 

subsidiary, Marathon National Bank of New York.

- Approved, June 14, 1999 

Forms

Reports of Condition for Foreign Subsidiaries of U.S. Banking Organizations (FR 

2314a and b) and Financial Information for Foreign Subsidiaries of U.S. Banking 

Organizations (FR 2314c) -- extension without revision.

- Published, May 27, 1999 (AC)

Enforcement

Community Capital Corporation, Greenwood, South Carolina -- written agreement 

with the Federal Reserve Bank of Richmond, dated June 3, 1999.

- Announced, June 11, 1999 (AC)

(AC) = Addition or Correction Board - Page 1 of 1
June 13, 1999 to June 19, 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

Bank of Bentonville, Bentonville, Arkansas -- to relocate its Bella Vista branch from 

31 Cunningham Corner to 70 Sugar Creek Center and to establish a branch at 2425 

South Zero, Fort Smith.

- Approved, June 16, 1999 

St. Louis

Bank of Jackson Hole, Jackson, Wyoming -- to establish a temporary branch at 125 

West Ramshorn Street, Dubois, and a permanent branch at 800 West Ramshorn 

Street.

- Approved, June 14, 1999 

Kansas City

Bank of Utah, Ogden, Utah -- to establish a branch at 9308 South State Street, 

Sandy.

- Approved, June 15, 1999 

San Francisco

Compass Bank, Birmingham, Alabama -- to establish a branch at 3850 Galleria 

Woods Drive, Hoover.

- Approved, June 18, 1999 

Secretary

Fifth Third Bank, Cincinnati, Ohio -- to establish the Seasons Banking Center at 

7300 Dearwester Drive, Kenwood.

- Approved, June 15, 1999 

Cleveland

Hacienda Bank, Santa Maria, California -- to establish a branch at 671 Tefft Street, 

Suite #4, Nipomo.

- Approved, June 15, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 1 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Bank Branches, Domestic

Mid Am Bank, Bowling Green, Ohio -- to establish a branch at 838 Mill Lake Road, 

Fort Wayne, Indiana.

- Approved, June 18, 1999 

Cleveland

North Valley Bank, Corning, Ohio -- to establish a branch at 2775 Maysville Pike, 

South Zanesville.

- Approved, June 16, 1999 

Cleveland

Red River Bank, Alexandria, Louisiana -- to establish a branch at 3120 Highway 28 

East, Pineville, Rapides Parish.

- Approved, June 16, 1999 

Atlanta

Valley Bank of Arizona, Phoenix, Arizona -- to establish a branch at 104th Street 

and McDowell Mountain Road, Scottsdale.

- Approved, June 16, 1999 

San Francisco

Bank Holding Companies

BankFirst Corporation, Knoxville, Tennessee -- to retain BankFirst Trust Company 

and thereby engage in trust company activities.

- Approved, June 18, 1999 

Atlanta

Banking Corporation of Florida, Naples, Florida -- to become a bank holding 

company through the acquisition of First Florida Bank, a de novo bank.

- Approved, June 16, 1999 

Atlanta

Baxter Bancshares, Inc., Baxter Springs, Kansas -- to acquire Nine Tribes 

Bancshares, Inc., Quapaw, Oklahoma.

- Approved, June 17, 1999 

Kansas City

(AC) = Addition or Correction Delegated - Page 2 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Bank Holding Companies

Bay View Capital Corporation, San Mateo, California -- to acquire Franchise 

Mortgage Acceptance Company, Los Angeles, and thereby engage in commercial 

finance activities.

- Approved, June 18, 1999 

San Francisco

Central Illinois Bancorp, Inc., Sidney, Illinois -- request for waiver of application in 

connection with the proposed merger with CIB Marine Bancshares, Pewaukee, 

Wisconsin.

- Granted, June 11, 1999 (AC)

Chicago

Citizens Bancorp Investment, Inc., Lafayette, Tennessee -- to acquire Liberty State 

Bank, Liberty.

- Approved, June 17, 1999 

Atlanta

Fifth Third Bancorp, Cincinnati, Ohio -- request for waiver of application in 

connection with the proposed acquisition of Fifth Third Bank of Central Kentucky, 

Inc., Cynthiana.

- Approved, June 17, 1999 

Cleveland

First Western Bancorp, Inc., Huron, South Dakota -- to acquire the insurance agency 

assets of Asheim & Associates, Pierre.

- Approved, June 3, 1999 (AC)

Minneapolis

FWBI Acquisition Group, Bowling Green, Ohio, and Sky Financial Group -- to 

acquire First Western Bancorp, Inc., New Castle, Pennsylvania.

- Approved, June 17, 1999 

Cleveland

Georgia Gold Bancorp, Inc., Dahlonega, Georgia -- to become a bank holding 

company by acquiring Lumpkin County Bank.

- Returned, June 16, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 3 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Bank Holding Companies

Haleco Bancshares Inc., Plainview, Texas -- to acquire La Plata Bancshares, Inc., 

Hereford, Texas; La Plata Delaware Bancshares, Inc., Dover, Delaware; and The 

First National Bank of Hereford, Hereford, a de novo bank.

- Approved, June 18, 1999 

Dallas

Heartland Bancshares, Inc., Lake Placid, Florida -- to become a bank holding 

company through the acquisition of Heartland National Bank, a de novo bank.

- Approved, June 18, 1999 

Atlanta

La Plata Bancshares, Inc., Hereford, Texas -- to become a bank holding company 

through the acquisition of La Plata Delaware Bancshares, Inc., Dover, Delaware, and 

The First National Bank of Hereford, Hereford, a de novo bank.

- Approved, June 18, 1999 

Dallas

La Plata Delaware Bancshares, Inc., Dover, Delaware -- to become a bank holding 

company through the acquisition of The First National Bank of Hereford, Hereford, 

Texas, a de novo bank.

- Approved, June 18, 1999 

Dallas

M&F Bancorp, Inc., Durham, North Carolina -- to become a bank holding company 

through the acquisition of Mechanics and Farmers Bank.

- Approved, June 17, 1999 

Richmond

PB Financial Services Corporation, Duluth, Georgia -- to become a bank holding 

company through the acquisition of Peachtree Bank.

- Approved, June 17, 1999 

Atlanta

Scripps Financial Corporation, La Jolla, California -- to become a bank holding 

company as a result of a corporate reorganization involving Scripps Bank.

- Approved, June 17, 1999 

San Francisco

(AC) = Addition or Correction Delegated - Page 4 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Bank Holding Companies

Sky Financial Group, Inc., Bowling Green, Ohio -- to acquire Wood Bancorp, Inc.

- Approved, June 17, 1999 

Cleveland

South Central Bancshares of Kentucky, Inc., Horse Cave, Kentucky -- to become a 

bank holding company through the acquisition of South Central Bank of Daviess 

County, Owensboro; to acquire First United Bancshares, Inc., Glasgow; and to 

acquire shares of United Central Bancshares, Inc., Bowling Green.

- Approved, June 17, 1999 

St. Louis

Union National Bancorp, Inc., Westminster, Maryland -- to acquire Barnes-Bollinger 

Insurance Services, Inc.

- Approved, June 16, 1999 

Richmond

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

Moines, Iowa; and Norwest Ventures, LLC -- to engage through a de novo joint 

venture, Vintage Capital, San Jose, California, in residential mortgage lending 

activities.

- Approved, June 17, 1999 

San Francisco

Bank Mergers

F&M Bank-Iowa Central, Marshalltown, Iowa -- to merge with F&M Bank-Iowa 

Story County, Story City, and F&M Bank-Iowa South Central, Grinnell, and 

establish 13 branches.

- Approved, June 14, 1999 

Chicago

Fifth Third Bank of Central Kentucky, Inc., Cynthiana, Kentucky -- to purchase the 

assets and assume the liabilities of two branches of Fifth Third Bank of Central 

Kentucky, Inc., Louisville, and establish branches.

- Approved, June 17, 1999 

Cleveland

(AC) = Addition or Correction Delegated - Page 5 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Bank Mergers

Fifth Third Bank, Kentucky, Inc., Louisville, Kentucky -- to merge with The Fifth 

Third Bank of Central Kentucky, Inc., Cynthiana, and establish branches.

- Approved, June 17, 1999 

Cleveland

First American Bank and Trust Company, Purcell, Oklahoma -- to merge with 

Dewey County State Bank, Taloga, and establish an additional branch.

- Approved, June 18, 1999 

Kansas City

First Virginia Bank of Tidewater, Norfolk, Virginia -- to merge with First Virginia 

Bank-Commonwealth, Newport News.

- Approved, June 16, 1999 

Richmond

Iowa State Bank, Calmar, Iowa -- to merge with Ossian State Bank, Ossian, Iowa, 

and establish a branch.

- Approved, June 16, 1999 

Chicago

Mid Am Bank, Bowling Green, Ohio -- to merge with First Federal Bank, FSB, and 

establish branches.

- Approved, June 17, 1999 

Cleveland

The Citizens Banking Company, Salineville, Ohio -- to merge with First Western 

Bank, NA, New Castle, Pennsylvania, and establish branches.

- Approved, June 17, 1999 

Cleveland

Banks, State Member

Bank Iowa, National Association, Red Oak, Iowa -- to acquire the Red Oak branch 

of U.S. Bank, N.A., Minneapolis, Minnesota.

- Returned, June 16, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 6 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Change In Bank Control

Alliance Bancshares, Inc., Orlando, Florida, and Alliance Bank -- change in bank 

control.

- Permitted, June 15, 1999 

Atlanta

BOE Bancshares, Inc., Edison, Georgia -- change in bank control.

- Permitted, June 18, 1999 

Atlanta

Greater Chicago Financial Corp., Chicago, Illinois -- change in bank control.

- Permitted, June 16, 1999 

Chicago

McVille Financial Services, Inc., McVille, North Dakota -- change in bank control.

- Permitted, June 16, 1999 

Minneapolis

Stockton Bancshares, Inc., Stockton, Kansas -- change in bank control.

- Permitted, June 15, 1999 

Kansas City

Competitive Factors Reports

Bennington Co-Operative Savings & Loan, Inc., Bennington, Vermont -- report on 

competitive factors of the proposed merger with Bennington Interim Two.

- Submitted, June 15, 1999 

Boston

Carolina First Bank, Greenville, South Carolina -- report on competitive factors of 

the proposed merger with Carolina First Bank, Travelers Rest.

- Submitted, June 16, 1999 

Richmond

Clarkston State Bank, Clarkston, Michigan -- report on competitive factors of the 

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

the Clarkston branch of The State Bank, Fenton.

- Submitted, June 16, 1999 

Chicago

(AC) = Addition or Correction Delegated - Page 7 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Competitive Factors Reports

Clearfield Bank & Trust Company, Clearfield, Pennsylvania -- report on competitive 

factors of the proposed merger with CSB Bank, Curwensville.

- Submitted, June 17, 1999 

Philadelphia

County National Bank, Clearfield, Pennsylvania -- report on competitive factors of 

the proposed merger with First National Bank of Spangler, Spangler.

- Submitted, June 17, 1999 

Philadelphia

Decatur Bank and Trust Company, Decatur, Indiana -- report on competitive factors 

of the proposed merger with the Decatur branch of First Federal Savings Bank of 

Marion, Marion.

- Submitted, June 16, 1999 

Chicago

First Security Bank, Batesville, Mississippi -- report on competitive factors of the 

proposed purchase of the assets and assumption of the liabilities of Planters Bank, 

Tunica.

- Submitted, June 8, 1999 (AC)

St. Louis

Kentucky Bank, Paris, Kentucky -- report on competitive factors of the proposed 

purchase of certain assets and assumption of the liability to pay deposits of the 

Wilmore branch of National City Bank of Kentucky, Louisville.

- Submitted, June 11, 1999 (AC)

Cleveland

Keystone Financial Bank, N.A., Harrisburg, Pennsylvania -- report on competitive 

factors of the proposed merger with Financial Trust Company, Carlisle, and Key 

Trust Company, Horsham.

- Submitted, June 17, 1999 

Philadelphia

Lumpkin County Bank, Dahlonega, Georgia -- report on competitive factors of the 

proposed merger with LCB Bridge Corp.

- Submitted, June 16, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 8 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Competitive Factors Reports

Pemigewasset National Bank of Plymouth, Plymouth, New Hampshire -- report on 

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

certain liabilities of the Franklin and Tilton branches of Vermont National Bank, 

Brattleboro.

- Submitted, June 17, 1999 

Boston

PNC Bank, N.A., Pittsburgh, Pennsylvania -- report on competitive factors of the 

proposed acquisition of certificates of deposit from PNC Bank, New England, 

Boston, Massachusetts.

- Submitted, June 11, 1999 (AC)

Cleveland

UMB Bank Cass County, Peculiar, Missouri -- report on competitive factors of the 

proposal to convert to a national bank and operate under the name of UMB Bank, 

N.A., Kansas City, and to merge with UMB Bank, N.A., Kansas City; UMB Bank 

Boonville, Boonville; UMB Bank Jefferson City, Jefferson City; UMB Bank of St. 

Louis, N.A., St. Louis; UMB Bank Southwest, Carthage; UMB Bank Warrensburg, 

Warrensburg; and UMB First State Bank of Morrisonville, Morrisonville; UMB 

Bank North Central, Brookfield; and UMB Bank Northeast, Monroe City.

- Submitted, June 14, 1999 

Kansas City

UMB Bank, N.A., Kansas City -- report on competitive factors of the proposed 

merger with UMB Bank Northwest, St. Joseph, Missouri.

- Submitted, June 14, 1999 

Kansas City

Union Bank of Tyler County, Inc., Middlebourne, West Virginia -- report on 

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

to pay deposits of the St. Marys, West Virginia, branch of The Huntington National 

Bank, Columbus, Ohio.

- Submitted, June 11, 1999 (AC)

Cleveland

(AC) = Addition or Correction Delegated - Page 9 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Competitive Factors Reports

Union Bank, Lake Odessa, Michigan -- report on competitive factors of the 

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

Pewamo, Michigan, branch of Old Kent Bank, Grand Rapids.

- Submitted, June 16, 1999 

Chicago

Extensions Of Time

Consolidated Equity Corporation, Purcell, Oklahoma -- extension to September 30, 

1999, to engage in community development activities through Heart of Oklahoma 

Community Development Corporation.

- Approved, June 15, 1999 

Kansas City

Farmers Bancshares, Inc., Center, Texas -- extension to July 30, 1999, to acquire 

Carthage Bancshares, Inc., Carthage, Texas, and First National Bank.

- Granted, June 15, 1999 

Dallas

First Capital Bank Holding Corporation, Fernandina Beach, Florida -- extension to 

September 26, 1999, to acquire First National Bank of Nassau County.

- Granted, June 17, 1999 

Atlanta

Lakeland Bancorp, Inc., Oak Ridge, New Jersey -- extension to August 2, 1999, to 

acquire High Point Financial Corporation, Branchville, New Jersey, and The National 

Bank of Sussex County.

- Granted, June 15, 1999 

New York

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

acquire Marine National Bank of Naples.

- Granted, June 14, 1999 

Atlanta

(AC) = Addition or Correction Delegated - Page 10 of 11
H.2 Actions under delegated authority June 13, 1999 to June 19, 1999

Extensions Of Time

McClain County Bancorporation, Purcell, Oklahoma -- extension to September 30, 

1999, to engage in community development activities through Heart of Oklahoma 

Community Development Corporation.

- Granted, June 15, 1999 

Kansas City

Owatonna Bancshares, Inc., Owatonna, Minnesota -- extension to September 16, 

1999, to redeem shares.

- Granted, June 14, 1999 

Minneapolis

Membership

Bank of the James, Lynchburg, Virginia -- membership in the Federal Reserve 

System.

- Approved, June 17, 1999 

Richmond

Fifth Third Bank of Central Kentucky, Inc., Cynthiana, Kentucky -- membership in 

the Federal Reserve System.

- Approved, June 17, 1999 

Cleveland

First Florida Bank, Naples, Florida -- membership in the Federal Reserve System.

- Approved, June 16, 1999 

Atlanta

The Farmers State Bank, Quinton, Oklahoma -- membership in the Federal Reserve 

System.

- Approved, June 15, 1999 

Kansas City

(AC) = Addition or Correction Delegated - Page 11 of 11
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, June 19, 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

Change in Control The KSB Bancorp, Inc. Employee Stock Ownership Plan,

Kingfield, Maine - to increase percentage of ownership of voting

shares of KSB Bancorp, Inc., Kingfield, Maine

Newpaper - 6/14/1999

Fed. Reg. - 6/21/1999

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, June 19, 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

18(c) HSBC Bank USA, Buffalo, New York, to merge into Republic

National Bank of New York, New York, New York (“Republic

Bank”), and to establish branches, upon Republic Bank’s

conversion from a national to a state-chartered bank. It will then

change its name to HSBC Bank USA (“New HSBC Bank”) .*

Newspaper – N/Avail

9 New HSBC Bank USA, Buffalo, New York, to establish a

branch in the location of HSBC Bank USA’s non-U.S. branch in

Nassau, Bahamas .*

Newspaper – N/Avail

18(c) Manufacturers and Traders Trust Company, Buffalo, New York,

to purchase certain assets and assume certain deposit liabilities

of 32 branches of The Chase Manhattan Bank, New York, New

York, and incident thereto, to establish branches.*

Newspaper – 07/17/1999

* 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) Maham Beteiligungsgesellschaft AG, Zurich, Switzerland, to

acquire 25 percent of the shares of Habib American Bank, New

York, New York.*

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(3) HSBC Holdings plc, London, England, HSBC Finance

Netherlands, London, England, HSBC Holding BV, Amsterdam,

Netherlands, and a to-be-formed U.S. intermediate holding

company (“USHoldCo”), to acquire all the voting shares of

Republic New York Corporation, New York, New York

(“RNYC”), and RNYC’s wholly-owned subsidiary banks,

Republic National Bank of New York, New York, New York

(“Republic Bank”) and Republic Bank of California, N.A.,

Beverly Hills, California.*

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) USHoldCo, to become a bank holding company with respect to

Republic Bank.*

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(5) HSBC Americas, Inc., Buffalo, New York, to merge into

RNYC, with RNYC as the surviving bank holding company that

will acquire indirect control of HSBC Bank USA, Buffalo, 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) Fuji Bank, Ltd., Tokyo, Japan, to acquire through its subsidiary,

Heller Financial Inc., Chicago, Illinois, up to 100 percent of the

capital stock of HealthCare Financial Partners, Inc., Chevy

Chase, Maryland, and thereby engage in lending and related

servicing activities.

Fed Reg – 07/06/1999

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

to acquire, through its wholly-owned subsidiary, Criterion

Investment Management, LLC, 100 percent of the assets of the

fixed-income investment management division of NicholasApplegate Capital Management, Houston, Texas, and thereby

engage in financial and investment advisory activities.

Fed Reg – N/Avail

4(c)(8) HSBC Holdings plc, London, England, HSBC Finance

Netherlands, London, England, HSBC Holding BV, Amsterdam,

Netherlands, and a to-be-formed U.S. holding company, to

acquire indirect control of the U.S. nonbanking subsidiaries of

Republic New York Corporation, New York, New York,

namely: (i) Republic Bank Delaware National Association,

Wilmington, Delaware, (ii) Republic New York Securities

Corporation, New York, New York, and (iii) Republic Business

Credit Corporation, New York, New York, and thereby engage

in certain nonbanking activities.

Fed Reg – N/Avail

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

novo in underwriting and dealing to a limited extent in all types

of debt securities through its subsidiary, Greenwich Capital

Markets, Inc., Greenwich, Connecticut.

Fed Reg – N/Avail

4(c)(8) Credit Lyonnais, Paris, France, to engage de novo, through its

subsidiary, Credit Lyonnais/PK Airfinance, in asset

management, financial and investment advisory, and data

processing activities.

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

Type Application

25 New HSBC Bank USA, Buffalo, New York, to acquire the nonU.S. investments of HSBC Bank USA.

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, June 19, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Summit Bank, Bethlehem, PA, to establish a branch office at

1430 Walnut Street, Philadelphia, PA.

07/09/1999

Branch Summit Bank, Bethlehem, PA, to establish a branch office at

473 York Road, Warminster, Bucks County, PA

07/10/1999

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, June 19, 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 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, June 19, 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

Bridgewater Retirement Community at 210 Virginia Avenue,

Bridgewater, Virginia.*

Newspaper – 06/23/1999

*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

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, June 19, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 125 Wekiva Springs Road, Longwood, Florida, to be

known as the Springs Plaza Office.

06/30/1999*

Branch Pointe Bank, Boca Raton, Florida, to establish a branch located

at 5112 North Ocean Boulevard, Ocean Ridge, Florida, to be

known as Pointe Bank Ocean Ridge Branch.

06/19/1999*

*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

CIC First Haralson Corporation, Buchanan, Georgia, after-the-fact

notificiation filed by Ms. Mary M. Covington, Mrs. Hardy

McCalman, and Mr. Hardy McCalman to retain 34.22 percent of

the outstanding shares of First Haralson Corporation, Buchanan,

Georgia.

N/Avail

3(a)(5) Premier Bancshares, Inc., Atlanta, Georgia, to merge with North

Fulton Bancshares, Inc., Roswell, Georgia, and thereby directly

acquire Milton National Bank , Roswell, Georgia.

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

COM Gateway Bancshares, Inc., Ringgold, Georgia, commitment

waiver request.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, June 19, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branch

Iowa State Bank, Calmar, Iowa

 Ossian State Bank

 Ossian, Iowa

 and to establish a branch office at

 106 E. Main Street

 Ossian, Iowa

Newspaper – 06/02/1999

Branch Comerica Bank, Detroit, Michigan

 5111 Highland Road

 Waterford, Michigan

Newspaper – 07/02/1999

Branch Farmers Savings Bank, Kalona, Iowa

 402 B Avenue

 Kalona, Iowa

Newspaper – 06/25/1999

Reg K Bank One International Corporation, Dallas, Texas

 to establish an Edge corporation at

 1119 Houston Street

 Laredo, Texas

Newspaper – 06/29/1999

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

Type Application

Ending date of

comment period

3(a)(5) Old Kent Financial Corporation*Grand Rapids, Michigan

 Pinnacle Banc Group, Inc.

 Oak Brook, Illinois

 Pinnacle Bank

 Cicero, Illinois

 Pinnacle Bank of the Quad Cities

 Silvis, Illinois

Fed Reg – 07/15/1999

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

Type Application

Ending date of

comment period

3(a)(5) Firstar Corporation*Milwaukee, Wisconsin

 Mercantile Bancorporation, Inc.

 St. Louis, Missouri

 Ameribanc, Inc.

 St. Louis, Missouri

 Mercantile Bank Midwest

 Des Moines, Iowa

 Mercantile Bank National Association

 St. Louis, Missouri

 Mercantile Bank

 Overland Park, Kansas

 Mercantile Bank of Trenton

 Trenton, Missouri

 Mercantile Bank

 Paducah, Kentucky

 Mercantile Bank of Illinois

 Springfield, Illinois

 Mercantile Bank of Arkansas National Association

 North Little Rock, Arkansas

Fed Reg – 07/12/1999

Newspaper – N/Avail

3(a)(5) Firstar Corporation*Milwaukee, Wisconsin

 to exercise an option to acquire 19.9% of

 Mercantile Bancorporation, Inc.

 St. Louis, Missouri

 Ameribanc, Inc.

 St. Louis, Missouri

 Mercantile Bank Midwest

 Des Moines, Iowa

 Mercantile Bank National Association

 St. Louis, Missouri

 Mercantile Bank

 Overland Park, Kansas

 Mercantile Bank of Trenton

 Trenton, Missouri

 Mercantile Bank

 Paducah, Kentucky

 Mercantile Bank of Illinois

 Springfield, Illinois

 Mercantile Bank of Arkansas National Association

 North Little Rock, Arkansas

Fed Reg – 07/12/1999

Newspaper – N/Avail

3(a)(5) Mercantile Bancorporation, Inc.*, St. Louis, Missouri

 to exercise an option to acquire 9.9% of

 Firstar Corporation,

 Milwaukee, Wisconsin

 Firstar Bank Milwaukee, National Association

 Milwaukee, Wisconsin

Fed Reg – 07/12/1999

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

Type Application

Ending date of

comment period

 (cont’d)

 Firstar Bank USA, National Association

 Waukegan, Illinois

 Firstar Metro Bank & Trust Company

 Phoenix, Arizona

 Firstar Bank Burlington, National Association

 Burlington, Iowa

 Firstar Bank, National Association

 Cincinnati, Ohio

 Firstar Bank Wisconsin

 Madison, Wisconsin

 Firstar Bank of Minnesota, National Association

 Saint Paul, Minnesota

 Firstar Bank Wausau, National Association

 Wausau, Wisconsin

3(a)(3) Pilot Grove Savings Bank Employee Stock Ownership Plan*

Pilot Grove, Iowa

 Pilot Grove Bancorp, Inc.

 Pilot Grove, 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) Old Kent Financial Corporation, Grand Rapids, Michigan

 Dovenmuehle Mortgage Company, L.P.

 Schaumburg, Illinois

Fed Reg – 07/15/1999

4(c)(8) Firstar Corporation, Milwaukee, Wisconsin

 FFG Trust, Inc.

 Springfield, Illinois

Fed Reg – 07/12/1999

4(c)(8) Firstar Corporation, Milwaukee, Wisconsin

 D.D. Development of Sterling

 Sterling, Illinois

Fed Reg – 07/12/1999

4(c)(8) Firstar Corporation

Milwaukee, Wisconsin

 Mercantile Consumer Loan Company

 Rock Island, Illinois

Fed Reg – 07/12/1999

4(c)(8) Firstar Corporation

Milwaukee, Wisconsin

 Mercantile Trust Company National Association

 St. Lousi, Missouri

Fed Reg – 07/12/1999
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

755346 Liberty Bank

815 N. Water Street

Milwaukee, Wisconsin 53202

(414) 223-8400

02/01/1999 06/15/1999 S X

676245 Security Savings Bank

201 W. Broadway

Eagle Grove, Iowa 50533-0347

(515) 448-5111

03/01/1999 06/14/1999 S X

1917301 Lake Forest Bank & Trust Co.

727 N. Bank Lane

Lake Forest, Illinois 60045

(847) 234-2882

12/21/1998 06/16/1999 S X

937843 The Blissfield State Bank

204 E. Jefferson

Blissfield, Michigan 49228-0040

(517) 486-2151

03/02/1999 06/18/1999 S X
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, June 19, 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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, June 19, 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)LLE Farmers State Corporation, Mankato, Minnesota, to engage in

general insurance agency activities in a community with a

population not exceeding 5,000 through the acquisition of

certain insurance agency business of MIS Agencies, Inc.

Fed Reg - 7/06/1999

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 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, June 19, 1999

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) / Branch WestStar Bank, Vail, Colorado, to merge with Western

Colorado Bank, Montrose, Colorado, and Bank of Telluride,

Telluride, Colorado; and incident thereto, establish additional

branches.

Newspaper – N/Avail

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

Member Bank of Bennington, Bennington, Nebraska, 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

287155 First Bank of Haskell

Haskell, Oklahoma

04/05/1999 06/16/1999 S X

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, June 19, 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)

3(a)(1)

3(a)(3)

La Plata Bancshares, Inc., Hereford, TX, to acquire

La Plata Delaware Bancshares, Inc., Dover, DE, and

The First National Bank of Hereford, Hereford, TX (de novo)*

La Plata Delaware Bancshares, Inc., Dover, DE, to acquire

The First National Bank of Hereford, Hereford, TX (de novo)*

Haleco Bancshares, Inc., Plainview, TX, to acquire

La Plata Bancshares, Inc., Hereford, TX, and

La Plata Delaware Bancshares, Inc., Dover, DE, and

The First National Bank of Hereford, Hereford, TX (de novo)*

Fed Reg – 07/12/1999

Newspaper – N/Avail

Fed Reg – 07/12/1999

Newspaper – N/Avail

Fed Reg – 07/12/1999

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, June 19, 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) Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan, to indirectly

acquire Yasuda Bank and Trust Company (USA), New York,

New York.*

N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Dividend Request Bank of Lake County, Lakeport, California, to pay a dividend of

$2 million to its parent, WestAmerica Bancorporation, San

Rafael, California, pursuant to section 208.5 of Regulation H.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Dividend Request Western Security Bank, Scottsdale, Arizona, to pay a dividend

of $2.3 million pursuant to 208.19 of Regulation H.

Membership Placer Savings Bank, Auburn, California, to become a member

of the Federal Reserve upon conversion to a commercial bank

charter.

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