Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 7

Week Ending February 12, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions February 6, 2000 to February 12, 2000

Testimony And Statements

Commodity Exchange Act and over-the-counter derivatives -- statement by 

Chairman Greenspan on February 10, 2000, before the Senate Committee on 

Agriculture, Nutrition and Forestry.

- Published, February 10, 2000 

Monetary policy report to Congress (Humphrey-Hawkins Report)

- Authorized, February 11, 2000 

Recent bank failures and regulatory initiatives -- statement by Governor Meyer 

before the House Committee on Banking and Financial Services.

- Published, February 8, 2000 

Bank Holding Companies

Assicurazioni Generali S.p.A., Trieste, Italy -- request for temporary exemption 

regarding certain U.S. nonbank operations in connection with its proposed 

acquisition of Istituto Nazionale delle Assicurazione S.p.A., Rome.

- Granted, February 10, 2000 

Banks, Foreign

Kookmin Bank, Seoul, Korea -- to establish a branch in New York, New York.

- Approved, February 10, 2000 

Regulations And Policies

Anti-tying provisions of Regulation Y -- request for comment on proposed 

amendment to anti-tying provisions to add an exception for private-label credit card 

operations of banks affiliated with retailers.

- Approved, February 4, 2000 (AC)

(AC) = Addition or Correction Board - Page 1 of 1
February 6, 2000 to February 12, 2000

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 Holden, Holden, Missouri -- to establish a branch at 206 South Market 

Street, and to make an additional investment in bank premises.

- Approved, January 14, 2000 (AC)

Kansas City

The First Bank and Trust Company, Lebanon, Virginia -- to establish a branch at 

1030 Richmond Road, Staunton, and to make an additional investment in bank 

premises.

- Approved, February 8, 2000 

Richmond

Manufacturers and Traders Trust Company, Buffalo, New York -- to establish a 

branch at 610 Old Route 146, Clifton Park.

- Approved, February 9, 2000 

New York

Old Kent Bank, Grand Rapids, Michigan -- to establish a branch at 29659 Seven 

Mile Road, Livonia.

- Approved, February 10, 2000 

Chicago

SunTrust Bank, Atlanta, Georgia -- to establish branches at 1001 Ponce de Leon 

Avenue and 4279 Roswell Road, N.W., Atlanta; 2155 N. Decatur Road, Decatur; 

and 4850 Sugarloaf Parkway, Lawrenceville.

- Approved, February 9, 2000 

Atlanta

Bank Holding Companies

Barclays PLC, London, England, and Barclays Bank PLC -- to invest in Identrus, 

LLC, New York, New York, and thereby engage de novo in digital certification, data 

processing, and data transmission activities.

- Approved, February 11, 2000 

New York

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority February 6, 2000 to February 12, 2000

Bank Holding Companies

Citizens Bankshares, Inc., Farmington, New Mexico -- to acquire the trust 

department of its subsidiary bank, The Citizens Bank of Farmington, and thereby 

engage in trust company functions through its new subsidiary, Citizens Trust and 

Investment Corporation.

- Approved, February 7, 2000 

Kansas City

Deutsche Bank AG, Frankfurt, Germany -- to acquire Intersec Research 

Corporation, Stamford, Connecticut, through German American Capital 

Corporation, New York, New York, and thereby engage in certain nonbanking 

activities.

- Approved, February 7, 2000 

New York

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

assets of Kendall Insurance, Lead, and Ellis Insurance, and thereby engage in 

insurance agency activities in a town with a population not exceeding 5,000.

- Approved, February 7, 2000 

Minneapolis

Gold Banc Corporation, Inc., Leawood, Kansas -- to acquire CountryBanc Holding 

Company, Edmond, Oklahoma.

- Approved, February 9, 2000 

Kansas City

Gold Banc Corporation, Inc., Leawood, Kansas -- to acquire shares of Unison 

Bancorp, Inc., Lenexa.

- Withdrawn, February 10, 2000 

Kansas City

Midland Bancshares, Inc., Midland, Texas -- to become a bank holding company 

through the acquisition of Community National Bank.

- Approved, February 8, 2000 

Dallas

New Commerce BanCorp, Mauldin, South Carolina -- transfer agent registration.

- Withdrawn, February 11, 2000 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority February 6, 2000 to February 12, 2000

Bank Holding Companies

Pacific Mercantile Bancorp, Newport Beach, California -- to become a bank holding 

company through the acquisition of Pacific Mercantile Bank.

- Approved, February 11, 2000 

San Francisco

Shelbank Corporation, Nevada, Missouri -- request for termination of certain 

commitments.

- Granted, January 19, 2000 (AC)

Kansas City

Speed Bankshares, LP, Meridian, Mississippi -- to become a bank holding company 

through the acquisition of shares of Great Southern Capital Corporation and Great 

Southern National Bank.

- Returned, February 9, 2000 

Atlanta

Bank Mergers

CivicBank of Commerce, Oakland, California -- to merge with East County Bank, 

Antioch, and thereby establish branches.

- Approved, February 10, 2000 

San Francisco

Merrill Merchants Bank, Bangor, Maine -- to acquire certain assets and assume 

certain liabilities of First National Bank of Bar Harbor, Bar Harbor, and to establish a 

branch in Holden.

- Approved, February 10, 2000 

Secretary

Springdale Bank & Trust, Springdale, Arkansas -- to purchase certain assets and 

assume certain liabilities of the branches of The First National Bank of Huntsville, 

Huntsville, at 104 S. Hughes and at War Eagle Street, Huntsville, and Highway 68, 

Hindsville; and thereby establish branches.

- Approved, February 9, 2000 

St. Louis

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority February 6, 2000 to February 12, 2000

Capital Stock

Cedar Financial Holding, Inc., Fordyce, Nebraska -- treasury stock transaction.

- Approved, February 9, 2000 

Kansas City

Change In Bank Control

FNB Financial Services, Inc., Durant, Oklahoma -- change in bank control.

- Permitted, February 9, 2000 

Kansas City

Herring Bancorporation, Inc., Vernon, Texas -- change in bank control.

- Permitted, February 9, 2000 

Dallas

Competitive Factors Reports

Bank of America, National Association, Charlotte, North Carolina -- report on 

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

liabilities of the Miami agency office of the Bank of Tokyo-Mitsubishi, Ltd., Tokyo, 

Japan.

- Submitted, February 10, 2000 

Richmond

Bank of Eastman, Eastman, Georgia -- report on competitive factors of the proposed 

purchase of certain assets and assumption of certain deposit liabilities of the branch 

of First Liberty Bank, Macon, at 2451 North Columbia Street, Milledgeville.

- Submitted, February 9, 2000 

Atlanta

Bank of New Hampshire, Manchester, New Hampshire -- report on competitive 

factors of the proposed merger with Farmington National Bank, Farmington.

- Submitted, February 8, 2000 

Boston

Chittenden Trust Company, Burlington, Vermont -- report on competitive factors of 

the proposed merger with Vermont National Bank, Brattleboro.

- Submitted, February 3, 2000 (AC)

Boston

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority February 6, 2000 to February 12, 2000

Competitive Factors Reports

Family Bank, N.A., Haverhill, Massachusetts -- report on competitive factors of the 

proposed merger with First Massachusetts Bank, N.A., Worcester.

- Submitted, February 8, 2000 

Boston

First Union Home Equity Bank, National Association, Charlotte, North Carolina -- 

report on competitive factors of the proposed merger with First Union Bank of 

Delaware, Wilmington, Delaware.

- Submitted, February 7, 2000 

Richmond

Granite Savings Bank and Trust Company, Barre, Vermont -- report on competitive 

factors of the proposed merger with The Howard Bank, N.A., Burlington.

- Submitted, February 8, 2000 

Boston

Marquette Bank, National Association, Golden Valley, Minnesota -- report on 

competitive factors of the proposed merger with Marquette Bank South Dakota, 

National Association, Sioux Falls, South Dakota.

- Submitted, February 9, 2000 

Minneapolis

Webster Bank, Waterbury, Connecticut -- report on competitive factors of the 

proposed acquisition of four branches of BankBoston, N.A., Boston, Massachusetts.

- Submitted, February 7, 2000 

Boston

Webster Bank, Waterbury, Connecticut -- report on competitive factors of the 

proposed purchase of assets and assumption of certain liabilities of six Connecticut 

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

- Submitted, February 8, 2000 

Boston

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority February 6, 2000 to February 12, 2000

Extensions Of Time

First Bancshares Corporation, Gladstone, Michigan -- extension to May 10, 2000, to 

acquire shares of Baybank Corporation.

- Granted, February 10, 2000 

Minneapolis

First State Financial Corporation, Sarasota, Florida -- extension to May 13, 2000, to 

acquire First State Bank of Pinellas, St. Petersburg.

- Granted, February 9, 2000 

Atlanta

Lehigh Acres First National Bancshares, Inc., Lehigh Acres, Florida -- extension to 

May 12, 2000, to become a bank holding company through the acquisition of Lehigh 

Acres First National Bank, a de novo bank.

- Granted, February 9, 2000 

Atlanta

Norway Bancorp, MHC, Norway, Maine, and Norway Bancorp, Inc. -- extension to 

February 29, 2000, to become a mutual holding company and a bank holding 

company, respectively, through the reorganization of Norway Savings Bank; and 

extension to February 29, 2000, to acquire an interest in Financial Institutions 

Service Corporation, Lewiston.

- Granted, January 20, 2000 (AC)

Boston

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

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

AMRO Bank N.V. -- extension to May 10, 2000, to acquire, through ABN AMRO 

Services Company, Inc., Chicago, Illinois, shares of Identrus, LLC, New York, New 

York, and thereby engage in digital certification authority services.

- Granted, February 9, 2000 

Chicago

Membership

First Bank and Trust, Broken Bow, Oklahoma -- membership in the Federal Reserve 

System.

- Approved, February 7, 2000 

Kansas City

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority February 6, 2000 to February 12, 2000

Membership

National Bank of Commerce, Memphis, Tennessee -- to become a member of the 

Federal Reserve System.

- Withdrawn, February 7, 2000 

St. Louis

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

New York, New York, and to establish representative offices in

Chicago, Illinois and San Francisco, California.

Newspaper – N/Avail

FBSEA UBS AG, Zurich, Switzerland, to establish a representative

office in Boston, Massachusetts.

Newspaper – N/Avail

FBSEA Credit Commercial de France, Paris, France, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA Banco Comercial Portugues, S.A., Porto, Portugal, to establish a

representative office in Miami, Florida.

Newspaper – N/Avail

FBSEA Arab Banking Corporation (B.S.C.), Manama, Bahrain, to

establish a federally licensed uninsured branch in Greenwich,

Connecticut.

Newspaper – N/Avail

18(c) The Chase Manhattan Bank, New York, New York (“CMB”), to

merge Chase Bank of Texas, Houston, Texas, with and into

CMB, and incident thereto, to establish branches.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Deutsche Bank AG, Frankfurt, Germany, through its whollyowned subsidiary, DB Investments (AXM) Limited, London,

United Kingdom, to retain 9.016 percent of the shares of TP

Group LDC, Grand Cayman, Cayman Islands, and thereby

engage, through its majority-owned subsidiary, Tradepoint

Financial Networks, plc, London, United Kingdom, in operating

a securities exchange.

Fed Reg – 02/25/2000

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 Second Quarter of 2000

Institution Location

Bankers Trust Company 280 Park Avenue, New York, New York 10017

Banco Popular de Puerto Rico P.O. Box 2708, San Juan, Puerto Rico 00936-2708

Manufacturers & Traders Trust Company One M&T Plaza, Buffalo, New York 14203

United States Trust Company of NY 14 W. 47th Street, New York, New York 10036
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch F&M Bank-Peoples, Warrenton, Virginia, to establish a branch

at 501C Jefferson Davis Highway, Fredericksburg, Virginia.*

Newspaper – 02/19/2000

18(c) Atlantic Bank, Ocean City, Maryland, to acquire the deposits

and certain assets of three Maryland branches of Wilmington

Trust FSB, a Federal Savings Bank, Wilmington, Delaware.*

Newspaper – 03/06/2000

*Subject to the provisions of the Community Reinvestment Act.

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

Type Application

Ending date of

comment period

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 Second Quarter of 2000

Institution Location

FNB Southeast Reidsville, North Carolina

Union Bank and Trust Company Bowling Green, Virginia

Monarch Bank Chesapeake, Virginia

Bank of the James Lynchburg, Virginia

F&M Bank Richmond, Virginia

Resource Bank Virginia Beach, Virginia

Putnam County Bank Hurricane, West Virginia

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 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, February 12, 2000

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 1290 Greenmor Drive, S.E., Bessemer, Alabama.

02/19/2000*

Branch First Newton Bank, Covington, Georgia, to establish a branch

located at 5140 Highway 20 South, Covington, Georgia.

02/25/2000*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC FMB Banking Corporation, Monticello, Florida, after-the-fact

notification filed by FMB, Ltd., Monticello, Florida

(Partnership), a family limited partnership, and Mr. F.W.

Carraway, Jr.; Mr. F. Wilson Carraway, III; and Mr.

Edward H. Carraway; individually, and in their capacity as

general partners of Partnership, and Mr. F. Wilson

Carraway, III; Mr. F.W. Carraway, Jr.; the Mr. F.W.

Carraway, Jr. Grantor Retained Annuity Trust; Mr. Edward

H. Carraway; Ms. Elizabeth Carraway Neilson; Ms.

Caroline Carraway Sutton; and Ms. Rena Katherine

Carraway, individually and in their capacity as limited

partners of Partnership; and Mr. F. Carraway, Jr. and Mr.

F. Wilson Carraway, III, in their capacity as trustees of the

FMB Employee Stock Ownership Plan, to retain 72.0

percent of the outstanding shares of FMB Banking

Corporation, Monticello, Florida.

Fed Reg - 03/02/2000

3(a)(1) Speed Bankshares, Inc., Meridian, Mississippi, to become a

bank holding company by acquiring approximately 51 percent of

the outstanding shares of Great Southern Capital Corporation,

Meridian, Mississippi, along with its subsidiary, Great Southern

National Bank, Meridian, Mississippi.

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

COM CNB Holdings, Inc., Alpharetta, Georgia, commitment waiver

request.

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Lake Forest Bank & Trust Company, Lake Forest, Illinois, to

establish a branch at 128-130 Washington Street, Highwood,

Illinois*

Newspaper – 01/14/2000

Branch Old Kent Bank, Grand Rapids, Michigan, to establish a branch

at 30851 Gratiot, Roseville, Michigan*

Newspaper – 02/14/2000

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC John Randall Winegard, who will become the single largest

shareholder, and several investors, to acquire River Valley

Bancorp, Inc., Eldridge, Iowa

Fed Reg – 02/28/2000

Newspaper – 02/08/2000

3(a)(1) Kane.Commerce Co., Davenport, Iowa, to acquire Community

State Bank of Plymouth, Plymouth, Illinois*

Fed Reg – 03/06/2000

Newspaper – N/Avail

4(c)(8) Heartland Bancshares, Inc., Lenox, Iowa, to acquire a savings

association. First Community National Bank, Corning, Iowa, a

subsidiary of Heartland, has applied to the Office of Thrift

Supervision to convert its charter to a federal savings bank,

change its name to Union Bank USA, and relocate its head

office to Lenox, 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) Republic Bancorp Co., Orland Park, Illinois, notification of

intent to engage in lending activities

Fed Reg – 03/02/2000
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

820945 M&I First American Bank

500 3rd Street

Wausau, Wisconsin 54402

(715) 845-4311

05/24/1999 02/07/2000 O X

Section VI – CRA examinations scheduled for Second Quarter of 2000

Institution Location

Harris Trust and Savings Bank Chicago, Illinois

Harris Bank St. Charles St. Charles, Illinois

Quad City Bank Bettendorf, Iowa

Bank Iowa Oskaloosa, Iowa

New Century Bank Southfield, Michigan

Johnson Bank Racine, Wisconsin

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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Notice by Maries County Bancorp, Inc., Vienna, Missouri, to

acquire 9.33 percent of Branson Bancshares, Inc., Branson,

Missouri (in organization).*

Newspaper – 2/28/2000

Fed Reg – 2/28/2000

CIC Notice involving Community National Corporation, Lexington,

Tennessee, by Pat Carnal, Lexington, Tennessee.

Newspaper – 2/29/2000

Fed Reg – 3/2/2000

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

48374 First Financial Bank

El Dorado, Arkansas

10/25/1999 2/7/2000 S X

Section VI – CRA examinations scheduled for Second Quarter of 2000

Institution Location

Bank of Buffalo Buffalo, Kentucky

First Bank Creve Coeur, Missouri

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 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(1) The First Security Group, Inc., Deer Lodge, Montana, for prior

approval to become a bank holding company through the

acquisition of 89.4% of the voting shares of First Security Bank

of Deer Lodge, Deer Lodge, Montana.

SRNEW Liberty Bancshares, Inc., St. Paul, Minnesota, to redeem 8.0% of

its voting shares.
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

240459 The State Bank of Ewen

Ewen, Michigan

10/8/1999 02/7/2000 O X

173454 M&I Bank of La Crosse

La Crosse, Wisconsin

11/1/1999 02/11/2000 S X

Section VI – CRA examinations scheduled for Second Quarter of 2000

Institution Location

First Commercial Bank Bloomington, Minnesota

Liberty State Bank St. Paul, Minnesota

First Interstate Bank Billings, Montana

Rocky Mountain Bank Billings, Montana

Glacier Bank Kalispell, Montana

La Crosse State Bank La Crosse, Wisconsin

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.

If an institution's examination is rescheduled for a date different than the end of the date range reflected in a

published schedule, the institution's name will be republished in an appropriate later listing. Any comments

received as a result of either the first publication or subsequent publications will be considered during the

examination. Written comments regarding the CRA performance of these institutions should be directed to Ms.

JoAnne Lewellen at the Federal Reserve Bank of Minneapolis, Banking Supervision Department, PO Box 291,

Minneapolis, Minnesota, 55480-0291.
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Member Community Bank Dove Creek, Dove Creek, Colorado, 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.

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

603559 Farmers State Bank

Phillipsburg, Kansas

11/15/1999 02/07/2000 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, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Texas Capital Bancshares, Inc., Dallas, TX, to acquire

BankDirect, SSB, Dallas, TX (de novo)*

Fed Reg – 03/10/2000

Newspaper – N/Avail

CIC Wayne and Pearlie Wagner, Round Top, TX, to acquire an

interest in Round Top Bancshares, Inc., Round Top, TX

Fed Reg – 03/02/2000

Newspaper – 02/17/2000

*Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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 Second Quarter of 2000

Institution Location

Citizens Bank and Trust Company of Baytown

203856

1300 Rollingbrook Drive

Baytown, TX 77521-3846

Citizens Bank

253262

103 Texas Avenue

Slaton, TX 79364-4245

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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, February 12, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) AMB Financial Services, Bainbridge Island, Washington, to

acquire Silverdale State Bank, Silverdale, Washington. *

Newspaper - 03/17/2000

Fed Reg - N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(5)(C) First Northern Community Bancorp to become a bank holding

company by acquiring First Northern Bank of Dixon, both of

Dixon, California.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

91866 Vintage Bank

1500 Soscol Avenue

Napa, CA 94559-1910

(707) 257-8585

10/12/1999 02/07/2000 S X

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

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

for errors or omissions.

Section VI – CRA examinations scheduled for Second Quarter of 2000

Institution Location

Barnes Banking Company Kaysville, UT

CivicBank of Commerce Oakland, CA

Farmers & Merchants Bank Long Beach, CA

Foothill Independent Bank Glendora, CA

Pacific Liberty Bank Hungtington Beach, CA

United Security Bank Fresno, CA

Westamerica Bank Fairfield, CA

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.