Federal Reserve Release 

H.2 

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received 

No. 22 

Week Ending June 2, 2001 

Board of Governors of the Federal Reserve System, Washington, DC 20551 
H.2 Board Actions May 27, 2001 to June 2, 2001 

Advisory Councils 

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

- Announced, May 29, 2001 

Forms 

Forms -- extension of Survey to Obtain Information on the Relevant Market in Individual 

Merger Cases (FR 2060); Notice of Proposed Stock Redemption (FR 4008); Notice 

Claiming Status as an Exempt Transfer Agent (FR 4013); and three Weekly Bank Credit 

Reports (FR 2416, FR 2644, and FR 2069). 

- Approved, May 29, 2001 

Regulations And Policies 

Payments System Risk Policy -- rescission of the interaffiliate transfer policy [Docket No. 

R-1106]; adoption of an interim policy statement that allows depository institutions to 

pledge collateral to access additional daylight credit with request for comment [Docket 

No. R-1107]; and proposals with requests for comment on daylight overdraft capacity 

for foreign banking organizations [Docket No. R-1108], modification to daylight 

overdraft posting rules for electronic check presentments [Docket No. R-1109]; retention 

of the current $50 million Fedwire securities transfer limit [Docket No. R-1110], and 

various policy options under evaluation as part of a potential longer-term direction for 

payments system risk policy [Docket No. R-1111]. 

- Approved, May 29, 2001 

Profitability of Credit Card Operations of Depository Institutions -- annual report to 

Congress. 

- Approved, May 29, 2001 

(AC) = Addition or Correction Board - Page 1 of 1 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

BS&R 

C&CA 

FOMC 

Banking Supervision and Regulatio 

Consumer and Community Affai 

Federal Open Market Committ 

RBOPS 

IF 

OSDM 

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Managemen

Bank Branches, Domestic 

Chicago 

1st Source Bank, South Bend, Indiana -- to establish a branch at 265 U.S. Highway 131, 

Three Rivers, Michigan. 

- Approved, May 29, 2001 

Secretary 

AmSouth Bank, Birmingham, Alabama -- to establish a branch at 24037 Perdido Beach 

Boulevard, Orange Beach. 

- Approved, May 30, 2001 

St. Louis 

The Callaway Bank, Fulton, Missouri -- to establish a mobile branch serving Boone and 

Callaway Counties. 

- Withdrawn, May 30, 2001 (AC) 

St. Louis 

The Callaway Bank, Fulton, Missouri -- to establish a branch at West Broadway and 

Broadfield Drive, Columbia. 

- Approved, May 30, 2001 (AC) 

Richmond 

Farmers and Miners Bank, Pennington Gap, Virginia -- to establish a branch at 331 East 

Main Street, Wise. 

- Approved, May 30, 2001 

Richmond 

The Fauquier Bank, Warrenton, Virginia -- to establish a branch at 9073 Center Street, 

Manassas. 

- Approved, May 31, 2001 

Richmond 

Hanover Bank, Mechanicsville, Virginia -- to establish a branch at 201 North Washington 

Highway, Ashland. 

- Approved, May 31, 2001 

(AC) = Addition or Correction Delegated - Page 1 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Bank Branches, Domestic 

Atlanta 

Premier Bank of Brentwood, Brentwood, Tennessee -- to establish a mobile branch 

serving Davidson and Williamson Counties. 

- Approved, May 31, 2001 

Bank Holding Companies 

Richmond 

Carolina Financial Corporation, Charleston, South Carolina -- to acquire Crescent Bank, 

Myrtle Beach. 

- Approved, June 1, 2001 

Kansas City 

Commerce Financial Corporation Employee Stock Ownership Plan, Topeka, Kansas --

to acquire shares of Commerce Financial Corporation and its subsidiary, Commerce 

Bank & Trust. 

- Approved, June 1, 2001 

New York 

First Bancorp, San Juan, Puerto Rico -- to acquire shares of Southern Security Bank 

Corporation, Hollywood, Florida. 

- Approved, May 29, 2001 

Kansas City 

First Liberty Capital Corporation Employee Stock Ownership Plan, Hugo, Colorado --

to acquire additional shares of First Liberty Capital Corporation. 

- Approved, June 1, 2001 

Chicago 

Republic Bancorp, Inc., Owosso, Michigan -- to engage in activities related to extending 

credit through a joint venture investment to be made by its subsidiary, Market Street 

Mortgage Corporation, Clearwater, Florida, in NeuMark Mortgage Services, LLC, 

Schaumburg, Illinois. 

- Approved, May 30, 2001 

(AC) = Addition or Correction Delegated - Page 2 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Banks, Nonmember, And Miscellaneous Institutions 

Kansas City 

State Bank of Slater ESOP, Slater, Missouri -- to acquire additional shares of Slater 

Bancshares, Inc. and thereby indirectly increase its ownership of State Bank of Slater. 

- Approved, May 31, 2001 

Competitive Factors Reports 

Kansas City 

American National Bank, Sapulpa, Oklahoma -- report on competitive factors of the 

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

branch of Security Bank, Pawnee. 

- Submitted, May 29, 2001 

Kansas City 

Bank of Tescott, Tescott, Kansas -- report on competitive factors of the proposed 

merger with the Salina branch of Commercial Federal Bank, a Federal Savings Bank, 

Omaha, Nebraska. 

- Submitted, May 29, 2001 

Kansas City 

Citizens National Bank, Arlington, Kansas -- report on competitive factors of the 

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

branch of Commercial Federal Bank, a Federal Savings Bank, Omaha, Nebraska. 

- Submitted, May 29, 2001 

Kansas City 

Coldwater National Bank, Coldwater, Kansas -- report on competitive factors of the 

proposed merger with Wilmore State Bank, Wilmore. 

- Submitted, May 29, 2001 

Philadelphia 

Commerce Bank, National Association, Cherry Hill, New Jersey -- report on competitive 

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

the West Babylon branch of New York Community Bank, Flushing, New York. 

- Submitted, May 31, 2001 

(AC) = Addition or Correction Delegated - Page 3 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Competitive Factors Reports 

Dallas 

First Bank and Trust East Texas, Diboll, Texas -- report on competitive factors of the 

proposed merger with Pineland State Bank, Pineland. 

- Submitted, June 1, 2001 

Chicago 

First Community Bank, Newell, Iowa -- report on competitive factors of the proposed 

merger with the Fonda and Pomeroy branches of Commercial Federal Bank, a Federal 

Savings Bank, Omaha, Nebraska. 

- Submitted, May 31, 2001 

Dallas 

First Mercantile Bank, National Association, Dallas, Texas -- report on competitive 

factors of the proposed merger with Townbank, National Association, Mesquite. 

- Submitted, May 30, 2001 

Chicago 

First Midwest Bank, National Association, Buffalo Grove, Illinois -- report on 

competitive factors of the proposed merger with First Midwest Trust Company, N.A., 

Seneca. 

- Submitted, May 31, 2001 

Kansas City 

First National Bank and Trust Company, Chickasha, Oklahoma -- report on competitive 

factors of the proposed merger with The First American Bank of Minco, Minco. 

- Submitted, May 29, 2001 

Kansas City 

First National Bank of Yuma, Yuma, Colorado -- report on competitive factors of the 

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

branch of Vectra Bank Colorado, N.A., Farmington, New Mexico. 

- Submitted, May 29, 2001 

Chicago 

First National Bank, Oelwein, Iowa -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of Iowa State Bank. 

- Submitted, May 31, 2001 

(AC) = Addition or Correction Delegated - Page 4 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Competitive Factors Reports 

St. Louis 

First Vantage Bank-Tennessee, Knoxville, Tennessee -- report on competitive factors of 

the proposed merger with National Bank of Commerce, Memphis. 

- Submitted, May 30, 2001 

Atlanta 

First Volunteer Bank of Tennessee, Chattanooga, Tennessee -- report on competitive 

factors of the proposed merger with First Volunteer Bank of East Tennessee, Jacksboro. 

- Submitted, May 30, 2001 

Chicago 

Henry State Bank, Henry, Illinois -- report on competitive factors of the proposed merger 

with HSB Interim Bank. 

- Submitted, May 31, 2001 

Chicago 

Iowa Savings Bank, Carroll, Iowa -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of the Lake City branch of Commercial 

Federal Bank, a Federal Savings Bank, Omaha, Nebraska. 

- Submitted, May 31, 2001 

Philadelphia 

Juniper Bank, Wilmington, Delaware -- report on competitive factors of the proposed 

purchase of assets and assumption of liabilities of the Juniper branch of Columbus Bank 

and Trust Company, Columbus, Georgia. 

- Submitted, May 29, 2001 

Kansas City 

Lyndon State Bank, Lyndon, Kansas -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain liabilities of the Lyndon and Topeka 

branches of Commercial Federal Bank, a Federal Savings Bank, Omaha, Nebraska. 

- Submitted, May 29, 2001 

(AC) = Addition or Correction Delegated - Page 5 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Competitive Factors Reports 

Chicago 

Manufacturers Bank & Trust Company, Forest City, Iowa -- report on competitive 

factors of the proposed purchase of assets and assumption of liabilities of the Clear Lake 

and Lake Mills branches of Commercial Federal Bank, a Federal Savings Bank, Omaha, 

Nebraska. 

- Submitted, May 31, 2001 

Chicago 

Michigan National Bank, Farmington Hills, Michigan -- report on competitive factors of 

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

business credit division of Mellon Bank, National Association, Pittsburgh, Pennsylvania. 

- Submitted, May 31, 2001 

New York 

New York National Bank, Bronx, New York -- report on competitive factors of the 

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

Island branch of The Chase Manhattan Bank, New York. 

- Submitted, June 1, 2001 

New York 

Panasia Bank, National Association, Fort Lee, New Jersey -- report on competitive 

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

the Cheltenham and Philadelphia, Pennsylvania, branches of National Penn Bank, 

Boyertown. 

- Submitted, May 30, 2001 

Philadelphia 

Sun National Bank, Vineland, New Jersey -- report on competitive factors of the 

proposed merger with Delaware City Bank, Delaware City, Delaware. 

- Submitted, May 31, 2001 

Kansas City 

Valley Bank and Trust Company, Scottsbluff, Nebraska -- report on competitive factors 

of the proposed merger with Community Bank-Dove Creek, Dove Creek, Colorado. 

- Submitted, May 29, 2001 

(AC) = Addition or Correction Delegated - Page 6 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Extensions Of Time 

Atlanta 

Commercial Bank, Harrogate, Tennessee -- extension to August 28, 2001, to increase its 

investment in bank premises. 

- Granted, May 30, 2001 

Chicago 

Foster Bankshares, Inc., Chicago, Illinois -- extension to September 1, 2001, to become 

a bank holding company through the acquisition of The Foster Bank. 

- Granted, May 31, 2001 

Financial Holding Companies 

Dallas 

Doss, Ltd. and M&F Bancshares, Inc., Weatherford, Texas, and M&F Financial 

Corporation, Wilmington, Delaware -- elections to become financial holding companies. 

- Effective, June 1, 2001 

St. Louis 

First State Bancshares, Inc., Farmington, Missouri -- election to become a financial 

holding company. 

- Effective, June 1, 2001 

Chicago 

Guaranty Bankshares, Ltd., Cedar Rapids, Iowa -- election to become a financial holding 

company. 

- Effective, June 1, 2001 

Chicago 

Hometown Independent Bancorp, Inc., Morton, Illinois, and Hometown Independent 

Bancorp, Inc. Employee Stock Ownership Plan and Trust -- elections to become 

financial holding companies. 

- Effective, June 1, 2001 

(AC) = Addition or Correction Delegated - Page 7 of 8 
H.2 Actions under delegated authority May 27, 2001 to June 2, 2001 

Membership 

Dallas 

First Bank and Trust, Ennis, Texas, a de novo bank -- to become a member of the 

Federal Reserve System. 

- Approved, June 1, 2001 

(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, June 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Reg K Anglo Irish Bank Corporation plc, Dublin, Ireland – to establish Newspaper – N/Avail 

a representative office in New York, New York 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Camden National Corporation, Camden, Maine – notification to Fed Reg – 06/22/2001 

acquire Acadia Trust, National Association and Gouws Capital 

Management, Inc., both of Portland, Maine 

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 Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Representative 

Office 

Icici Ltd., Mumbai, India, to establish a representative office in 

New York, New York.* 

Newspaper – N/Avail 

Representative 

Office 

China Merchants Bank, Shenzhen, People’s Republic of China, 

to establish a representative office in New York, New York.* 

Newspaper – N/Avail 

Representative 

Office 

Banca Comerciala Romana S.A., Bucharest, Romania, to 

establish a representative office in New York, New York.* 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8) Dexia SA, Brussels, Belgium, proposes to acquire indirectly 

Artesia Mortgage Capital Corporation, Artesia North America 

Inc., Artesia Delaware Inc. and Artesia Mortgage CMBS, Inc., 

and to engage in certain nonbanking activities. 

Fed Reg – 06/18/2001 

4(c)(8) Discount Bancorp, Inc., New York, New York, proposes to 

engage de novo, through IDB Mortgage Corp., in residential 

mortgage lending activities. 

Fed Reg – 06/18/2001 
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 Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Third Quarter of 2001 

Institution Location 

Founders Bank Bryn Mawr, PA 

Sterling Bank Mt Laurel, NJ 

Lafayette Ambassador Bank Easton, PA 

Woodlands Bank Williamsport, PA 

United Bank of Philadelphia Philadelphia, PA 

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

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

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

circumstances. 
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, June 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Bank of Hampton Roads, Chesapeake, Virginia, to establish a Newspaper - 06/08/2001 

branch in Suite 100 of the Pembroke One Building located at 

281 Independence Boulevard, Virginia Beach, Virginia.* 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

Member First Charter Bank, Charlotte, North Carolina, for membership 

in the Federal Reserve System. 

Member Park Meridian Bank, Charlotte, North Carolina, 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(5) ABC Bancorp, Moultrie, Georgia, to merge with Golden Isles 

Financial Holdings, Inc., St. Simons Island, Georgia, and 

thereby acquire Bank of Brunswick, Brunswick, Georgia. 

CIC FCB Financial, Inc., Tampa, Florida, prior notification filed by 

Mantabs, L.L.C., Mantabs FCB Trust, and Mr. Albert McCall 

Salem, Jr., to acquire 12.23 percent of the outstanding shares of 

FCB Financial, Inc., Tampa, Florida, pursuant to the Change in 

Bank Control Act of 1978. Total ownership will equal 22.35 

percent. 

3(a)(5) SunTrust Banks, Inc., Atlanta, Georgia, to merge with Wachovia 

Corporation, Winston-Salem, North Carolina, and thereby 

acquire Wachovia Bank, N.A., Winston-Salem, North Carolina, 

Republic Security Bank, West Palm Beach, Florida, and The 

First National Bank of Atlanta, d/b/a Wachovia Bank Card 

Services, N.A., New Castle, Delaware. 

3(a)(3) SunTrust Banks, Inc., Atlanta, Georgia, to acquire Wachovia 

Corporation, Winston-Salem, North Carolina, and thereby 

acquire Wachovia Bank, N.A., Winston-Salem, North Carolina, 

Republic Security Bank, West Palm Beach, Florida, and The 

First National Bank of Atlanta, d/b/a Wachovia Bank Card 

Services, N.A., New Castle, Delaware. 

4(c)(8) SunTrust Banks, Inc., Atlanta, Georgia, to acquire Atlantic 

Savings Bank, FSB, Hilton Head, South Carolina, and thereby 

engage in operating a savings association. 

Fed Reg – 06/29/2001* 

N/Avail 

N/Avail* 

N/Avail* 

N/Avail* 

*Subject to provisions of the Community Reinvestment Act 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

COM Appalachian Bancshares, Inc., Ellijay, Georgia, commitment 

waiver request. 

Reg K SunTrust Banks, Inc., Atlanta, Georgia, to acquire an edge 

corporation, Wachovia International Banking Corporation, 

Winston-Salem, North Carolina. 

Reg K SunTrust Banks, Inc., Atlanta, Georgia, to engage in commercial 

and other banking activities abroad, through Banco Wachovia, 

S.A., Sao Paulo, Brazil. 

Reg K SunTrust Banks, Inc., Atlanta, Georgia, to operate an 

international representative office through WSH Holdings, Ltd., 

George Town, Cayman Islands, and Wachovia International 

Servicos Limitada, Sao Paulo, Brazil. 

Reg K SunTrust Banks, Inc., Atlanta, Georgia, to engage in 

international capital markets activities through Wachovia 

International Capital Corporation, Atlanta, Georgia. 

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. 
Section V – Availability of CRA public evaluations 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Regulation K	 ABN AMRO Bank N.V., Amsterdam, The Netherlands, for 

prior approval to establish a branch at 680 Fifth Avenue, New 

York, New York.* 

Merger & Branch	 Central State Bank, Muscatine, Iowa, for prior approval to 

acquire the Muscatine, Iowa branch of Commercial Federal 

Bank, FSB, Omaha, Nebraska and thereby to establish a branch 

at 2400 Second Avenue, Muscatine, Iowa.* 

Merger & Branch	 Central Trust & Savings Bank, Cherokee, Iowa, for prior 

approval to acquire the assets and liabilities of First Federal 

Bank, Sioux City, Iowa and thereby to establish a branch at 2 

Bow Drive, Cherokee, Iowa.* 

Merger & Branch	 Commercial Trust & Savings Bank, Storm Lake, Iowa, for prior 

approval to acquire the Storm Lake, Iowa branch office of 

Commercial Federal Bank, FSB, Omaha, Nebraska and thereby 

to establish a branch at 1250 N. Lake Avenue, Storm Lake, 

Iowa.* 

Branch	 First Bank of Berne, Berne, Indiana, for prior approval to 

establish a branch at 1350 W. Main Street, Berne, Indiana.* 

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

Branches approval to purchase certain assets and assume certain liabilities 

of Fifth Third Bank, Southwest F.S.B., Scottsdale, Arizona and 

thereby to establish nine branches at the following locations: 

4835 E. Warner, Phoenix, Arizona; 270 W. Continental Road, 

Green Valley, Arizona; 1510 W. Southern Avenue, Mesa, 

Arizona; 4574 East Cactus Road, Phoenix, Arizona; 303 N. 

Montezuma Street, Phoenix, Arizona; 7350 East Evans Road, 

Newspaper – 6/08/2001 

Newspaper – N/Avail 

Newspaper – N/Avail 

Newspaper - N/ Avail 

Newspaper – 6/08/2001 

Newspaper – N/Avail 

Scottsdale, Arizona; 2010 West Highway 89A, Sedona, Arizona; 

19428 RH Johnson Boulevard, Sun City West, Arizona and 

4380 N. Campbell Avenue, Tucson, Arizona.* 

Branch	 Royal American Bank, Inverness, Illinois, for prior approval to Newspaper – 6/20/2001 

establish a branch at 645 Tollgate Road, Elgin, Illinois.* 

Branch	 Tri-County Bank, Brown City, Michigan, for prior approval to Newspaper – 6/01/2001 

establish a branch at 2575 Van Dyke, Marlette, Michigan.* 
Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Merger & Titonka Savings Bank, Titonka, Iowa, for prior approval to Newspaper – N/Avail 

Branches purchase the Forest City, Iowa and Thompson, Iowa branches of 

Commercial Federal Bank, FSB, Omaha, Nebraska and thereby 

to establish a branch at 155 Jackson Street, Thompson, Iowa and 

to relocate their branch located at 101 N. Clark Street, Forest 

City, Iowa to 102 N. Clark Street, Forest City, Iowa.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1)	 Advantage Bancorp, Woodbury, Minnesota, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of First Choice Bank (in 

organization), Geneva, Illinois.* 

3(a)(1)	 American Bank Holding, LLC, Cedar Falls, Iowa, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of American 

Bancorporation, Cedar Falls, Iowa and Cedar Valley Holding 

Company, Cedar Falls, Iowa (formerly Newburg Corporation) 

and thereby indirectly acquire Cedar Valley State Bank, St. 

Ansgar, Iowa.* 

3(a)(1)	 Bancshares Holding Corp., Downers Grove, Illinois, for prior 

approval to become a bank holding company through the 

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

Commerce, Downers Grove, Illinois and by Commerce 

Investments I, Commerce Investments II and Commerce 

Fed Reg – 5/29/2001 

Newspaper – 6/01/2001 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 6/22/2001 

Newspaper – N/Avail 

Investments III, all located Oak Brook Terrace, Illinois, for prior 

approval to become a bank holding company through the 

acquisition of 27.87 percent of the voting shares of Bancshares 

Holding Corp., Downers Grove, Illinois and thereby indirectly 

acquire The Bank of Commerce, Downers Grove, Illinois.* 

3(a)(5)	 CIB Marine Bancshares, Inc., Pewaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of Citrus 

Financial Services, Inc., Vero Beach, Florida and thereby 

indirectly acquire Citrus Bank, N.A., Vero Beach, Florida.* 

3(a)(3)	 Harvard Bancorp, Inc., Harvard, Illinois, for prior approval to 

acquire 100 percent of the voting shares of Hebron Bancshares, 

Inc., Hebron, Illinois and thereby indirectly acquire Hebron 

State Bank, Hebron, Illinois.* 

Fed Reg – 5/29/2001 

Newspaper – 5/25/2001 

Fed Reg – N/Avail 

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

Ending date of 

Type Application comment period 

3(a)(5 & 3(a)(1)	 Bank of Montreal, Montreal, Canada and Bankmont Financial 

Corp., Chicago, Illinois, for prior approval to acquire 100 

percent of the voting shares of First National Bancorp, Inc., 

Joliet, Illinois and thereby indirectly acquire First National Bank 

of Joliet, Joliet, Illinois; Bank of Montreal, Montreal, Canada 

and Harris Joliet Bankcorp, Inc., Chicago, Illinois, for prior 

approval to acquire 100 percent of the voting shares of First 

National Bancorp, Inc., Joliet, Illinois and thereby indirectly 

acquire First National Bank of Joliet, Joliet, Illinois and by 

Harris Joliet Bankcorp, Inc., Chicago, Illinois, for prior approval 

to become a bank holding company through the acquisition of 

100 percent of the voting shares of First National Bancorp, Inc., 

Joliet, Illinois and thereby indirectly acquire First National Bank 

of Joliet, Joliet, Illinois.* 

3(a)(1)	 Henry State Bancorp, Inc., Henry, Illinois, for prior approval to 

become a bank holding company through the acquisition of 100 

percent of the voting shares of Henry State Bank, Henry, 

Illinois.* 

3(a)(1)	 Hustisford Community Bancorp, Inc., Hustisford, Wisconsin, for 

prior approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Hustisford 

State Bank, Hustisford, Wisconsin.* 

3(a)(5)	 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of National 

City Bancorporation, Minneapolis, Minnesota and thereby 

indirectly acquire National City Bank of Minneapolis, 

Minneapolis, Minnesota.* 

4(c)(8)	 Republic Bancorp, Inc., Owosso, Michigan, notification of 

intent to acquire more than 5 percent of the voting shares of 

NetBank, Inc., Alpharetta, Georgia and thereby indirectly 

acquire NetBank, a federal savings bank, Alpharetta, Georgia 

and to acquire more than 5 percent of the voting shares of 

NetBank Partners, LLC, Alpharetta, Georgia, a nonbank 

subsidiary engaged in management consulting and counseling 

services.* 

CIC	 Notification by William Robert Phelps, Fairmont, Minnesota, of 

a Change in Control, for approval to retain his current 25.31 

percent of the outstanding voting shares of Swea City 

Bancorporation, Inc., Estherville, Iowa. 

Fed Reg – 6/15/2001 

Newspaper – 6/16/2001 

Fed Reg – 5/29/2001 

Newspaper – 5/26/2001 

Fed Reg – 5/29/2001 

Newspaper – 5/14/2001 

Fed Reg – N/Avail 

Newspaper – N/Avail 

Fed Reg – 6/04/2001 

Newspaper – 5/27/2001 

Fed Reg – 5/31/2001 

Newspaper – N/Avail 

* Subject to the provisions of the Community Reinvestment 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

4(c)(8)	 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire 100 percent of the voting shares of 

Diversified Business Credit, Inc., Diversified Real Estate 

Holdings, Inc. and Diversified Real Estate Holdings II, Inc. 

Fed Reg – N/Avail 

4(c)(8)	 Northview Financial Corporation, Northfield, Illinois, for prior 

approval to retain 50 percent interest in Northview Mortgage, 

LLC, Northfield, Illinois and thereby engage in extending credit 

and servicing loans. 

Fed Reg – 6/18/2001 

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

Type Application 

Membership	 Marquette National Bank, Chicago, Illinois, for prior approval to 

become a member of the Federal Reserve System. 

4(c)(8)	 Marshall & Ilsley Corporation, Milwaukee, Wisconsin, for prior 

approval to acquire, indirectly through its subsidiary, Metavante 

Corporation, all of the assets of CyberBills, Inc., San Jose, 

California, a leading provider of online bill management 

solutions with operations in San Jose, California, Henderson, 

Nevada and Hyderabad, India. 

Membership	 Northview Bank & Trust, Northfield, Illinois, for prior approval 

to become a member of the Federal Reserve System. 

Section V – Availability of CRA public evaluations 

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

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

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

was revised in May 1995. 

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

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

for deposit facilities. 

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

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

O = Outstanding
 

S = Satisfactory
 

NI = Needs to improve
 

SN = Substantial noncompliance
 

The following state member banks have been examined and their CRA public evaluations are now available. 
Section V – Availability of CRA public evaluations 

RSSD Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None 
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, June 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c) Notice by English State Bank, English, Indiana, to merge with Newpaper – N/Avail 

Peoples Trust Bank Company, Corydon, Indiana. The surviving 

entity will be renamed Community First Bank and will be 

located in Corydon, Indiana.* 

* Subject to the provisions of the Community Reinvestment Act 

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

Ending date of 

Type Application comment period 

3(a)(1) Notice by Peoples Home Holding, Inc., Greenbrier, Arkansas, to Newspaper – N/Avail. 

acquire 80 percent of The Peoples Bank, Portland, Arkansas.* Fed Reg – N/Avail. 

* Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

18(c)&BKBR Central Savings Bank, Sault Ste. Marie, Michigan to purchase 06/25/2001. 

the assets and assume the liabilities of the St. Ignace and 

Mackinac Island, Michigan branches of North Country Bank and 

Trust, Traverse City, Michigan, and incident thereto establish 

branches in St. Ignace and Mackinac Island, Michigan.* 

*Subject to the provisions of the Community Reinvestment Act. 

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

Ending date of 

Type Application comment period 

None 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

132152 First State Bank of Warner 02/26/2001 06/01/2001 S X 

Warner, South Dakota 

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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

Branch Bank of Colorado, Fort Lupton, Colorado, for prior approval to Newspaper – 06/15/2001 

establish a mobile branch that operates as an arm of the branch 

at 1609 East Harmony Road, Fort Collins, Colorado, and 

services Larimer and Weld Counties. 

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

Ending date of 

Type Application comment period 

3(a)(1) Trinidad Capital Corporation, Trinidad, Colorado, for prior 

approval to become a bank holding company through the 

acquisition of 90 percent of the voting shares of International 

Bank, Trinidad, Colorado. 

Newspaper – 05/29/2001 

Fed Reg – 06/28/2001 

3(a)(1) Millennium Bancorp, Inc., Edwards, Colorado, for prior 

approval to become a bank holding company through the 

acquisition of 100 percent of the voting shares of Millennium 

Bank, Edwards, Colorado, a de novo bank. 

Newspaper – 06/25/2001 

Fed Reg – 06/28/2001 

3(a)(3) Geneva State Company, Geneva, Nebraska, for prior approval to 

acquire 73 percent of the voting shares of Grafton State Bank, 

Grafton, Nebraska. 

Newspaper – 06/22/2001 

Fed Reg – 06/22/2001 

3(a)(3) Raton Capital Corporation, Raton, New Mexico, for prior 

approval to acquire 100 percent of the voting shares of Trinidad 

Capital Corporation, Trinidad, Colorado. 

Newspaper – 05/29/2001 

Fed Reg – 06/28/2001 

3(a)(3) State Bank of Slater Employee Stock Ownership Plan, Slater, 

Missouri, for prior approval to acquire an additional 2.86 

percent, for a total of 30.68 percent of the voting shares of Slater 

Bancshares, Inc., Slater, Missouri, parent of State Bank of 

Slater, Slater, Missouri. 

Newspaper – 05/19/2001 

Fed Reg – 05/18/2001 
Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

716851 Community Bank of Raymore 03/12/2001 05/29/2001 S X 

801 W. Foxwood Drive 

Raymore, Missouri 64083-9195 

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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

CIC Eugene J. Allen and Virginia Allen, Meridian, TX, co-trustees of 

the Eugene J. Allen Living Trust, to acquire an interest in 

Bosque Corp, Meridian, TX(previously reported the week 

ending May 26, 2001) 

Fed Reg – 06/18/2001 

Newspaper – 06/19/2001 

CIC Jimmie Michael Luecke, Giddings, TX, et al, to acquire an 

interest in Giddings Bancshares, Inc., Giddings, TX (previously 

reported the week ending May 26, 2001) 

Fed Reg – 06/12/2001 

Newspaper – 06/04/2001 

3(a)(1) County Bancshares, Inc., Orange, TX, to acquire Newton 

Bancshares, Inc., Newton, TX, Newton Delaware Financial 

Corporation, Dover, DE, and First National Bank of Newton, 

Newton, TX* 

Fed Reg – 06/28/2001 

Newspaper – N/Avail 

*Subject to the provisions of the Community Reinvestment Act 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application 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 Examination CRA CRA Exam type 

number Institution/Location date public date 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 2, 2001 

Section I – Applications subject to newspaper notice only 

Ending date of 

Type Application comment period 

None 

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

Ending date of 

Type Application comment period 

3(a)(1) Cascade Financial Corporation to become a bank holding Newspaper – 06/27/2001 

company by acquiring Cascade Bank, both of Everett, Fed Reg – 07/02/2001 

Washington. Cascade bank will convert from a savings bank to a 

commercial bank. 

Section III – Applications subject to Federal Register notice only 

Ending date of 

Type Application comment period 

None 

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

Type Application 

CDC United Security Bank, Fresno, California, to invest $1 million in 

The California Tax Credit Fund VI, a Limited Partnership, to 

provide affordable housing for low-and-moderate-income 

communities throughout 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 Examination CRA CRA Exam type 

number Institution/Location date public date rating LrgBk SmBk 

None 

Section VI – CRA examinations scheduled for Quarter of 

Institution Location 

None