Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 6

Week Ending February 5, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions January 30, 2000 to February 5, 2000

Discount Rates

Discount Rates -- increase from 5 percent to 5-1/4 percent by the Federal Reserve 

Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, 

St. Louis, Kansas City, and San Francisco.

- Approved, February 2, 2000 

Discount Rates -- increase from 5 percent to 5-1/4 percent by the Federal Reserve 

Banks of Minneapolis and Dallas.

- Approved, February 3, 2000 

Membership

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

bank of the Federal Reserve System on its conversion from a national charter.

- Approved, January 31, 2000 

Regulations And Policies

Capital and accounting differences among the federal banking and thrift regulatory 

agencies -- 1999 report to Congress.

- Approved, January 31, 2000 

Regulation P (Privacy of Consumer Financial Information) -- request for comment 

on proposed regulation to implement the privacy provisions of the Gramm-LeachBliley Act.

- Approved, February 3, 2000 

Enforcement

Bank of New York, New York, New York -- written agreement with the Federal 

Reserve Bank of New York and the New York State Banking Department.

- Authorized, February 3, 2000 

(AC) = Addition or Correction Board - Page 1 of 1
January 30, 2000 to February 5, 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

Centura Bank, Rocky Mount, North Carolina -- to establish a branch at 5700 Lake 

Wright Drive, Norfolk, Virginia.

- Approved, February 4, 2000 

Secretary

European American Bank, Uniondale, New York -- to establish a branch at 326-328 

Court Street, Brooklyn.

- Approved, February 2, 2000 

New York

Republic Security Bank, West Palm Beach, Florida -- to establish a branch at 800 

S.W. St. Lucie West Boulevard, Port St. Lucie.

- Approved, February 3, 2000 

Atlanta

Tower Bank & Trust Company, Fort Wayne, Indiana -- to establish a branch at 1545 

West DuPont Road.

- Approved, February 1, 2000 

Chicago

Bank Holding Companies

Bank of Whitman Employee Stock Ownership Plan, Colfax, Washington -- to 

acquire shares of Whitman Bancorporation.

- Approved, February 3, 2000 

San Francisco

Calvert Financial Corporation, Jefferson City, Missouri -- to become a bank holding 

company through the acquisition of Bunceton State Bank, Bunceton.

- Approved, February 2, 2000 

Kansas City

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority January 30, 2000 to February 5, 2000

Bank Holding Companies

Compass Bancshares, Inc., Birmingham, Alabama -- to merge with MegaBank 

Financial Corporation, Englewood, Colorado, and thereby acquire its subsidiary 

savings association, MegaBank, and the community development activities of 

Colorado Housing Partnership Corporation; and for Compass Bank, Birmingham, to 

merge with Compass Bank-Colorado, Englewood.

- Approved, February 1, 2000 

Secretary

Indiana United Bancorp, Greensburg, Indiana -- to engage in the reinsurance of 

credit life and disability insurance through its subsidiary, IUB Reinsurance Co., Ltd.

- Approved, February 1, 2000 

Chicago

Intervest Bancshares Corporation, New York, New York -- to acquire Intervest 

Corporation of New York, and thereby engage in making, acquiring, brokering, or 

servicing loans or other extensions of credit.

- Approved, January 31, 2000 

Atlanta

The Leaders Group, Inc., Oak Brook, Illinois, and Woodland Financial Group 

L.L.C. -- for the Leaders Group to become a bank holding company through the 

acquisition of The Leaders Bank, a de novo bank; and for Woodland Financial Group 

to become a bank holding company through acquisition of shares of The Leaders 

Group, and thereby indirectly acquire The Leaders Bank.

- Returned, February 2, 2000 

Chicago

National Commerce Bancorporation, Memphis, Tennessee -- to acquire First 

National Bank, Lenoir City.

- Approved, February 3, 2000 

St. Louis

NationsBank Corporation, Charlotte, North Carolina -- renewal of the corporate 

existence of NationsBank Overseas Corporation for 20 years, to February 4, 2020.

- Approved, February 3, 2000 

Richmond

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority January 30, 2000 to February 5, 2000

Bank Holding Companies

PCB Bancorp, Inc., Johnson City, Tennessee -- modification of a commitment.

- Approved, February 1, 2000 

Atlanta

Port Financial Corp., Cambridge, Massachusetts -- to become a bank holding 

company through the acquisition of Cambridgeport Bank and shares of Cambridge 

Bancorp.

- Approved, February 1, 2000 

Boston

Societe Generale, Paris, France -- to invest, through Societe Generale Investment, in 

IPO.com, Inc., a Delaware corporation, and thereby engage in data processing 

activities.

- Approved, February 3, 2000 

New York

Stichting Prioriteit ABN AMRO Holding N.V., Amsterdam, The Netherlands; 

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

and ABN AMRO Bank N.V. -- request for waiver in connection with the acquisition 

of Olympian New York Corporation, Brooklyn, New York, and Olympian Bank.

- Granted, January 28, 2000 (AC)

Chicago

Van Deusen Bancorp, Inc., Lewisville, Minnesota; and Lewisville Bancorp, Inc. -- 

for Van Deusen Bancorp to become a bank holding company through the acquisition 

of Madison Lake Bancorporation, Inc., Madison Lake; and for Lewisville Bancorp, 

Lewisville, to acquire Van Deusen Bancorp.

- Approved, February 2, 2000 

Minneapolis

Westamerica Bank, Fairfield, California -- payment of a dividend to Westamerica 

Bancorporation, San Rafael.

- Approved, February 3, 2000 

San Francisco

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority January 30, 2000 to February 5, 2000

Bank Holding Companies

Zumbrota Agency, Inc., Zumbrota, Minnesota; and Pine Island Bancshares, Pine 

Island -- to acquire Tri County Investment Company, Inc., and thereby acquire The 

Security State Bank of Pine Island, and engage in insurance agency activities of Tri 

County in a community with a population not exceeding 5,000; and for Pine Island 

Bancshares, a wholly owned subsidiary of Zumbrota Agency, to become a bank 

holding company.

- Approved, January 25, 2000 (AC)

Minneapolis

Banks, Nonmember, And Miscellaneous Institutions

Raychem Corporation, Menlo Park, California -- deregistration under Regulation U.

- Approved, February 2, 2000 

San Francisco

Capital Stock

Donnelly Bancshares, Inc., Morris, Minnesota -- redemption of stock.

- Approved, February 1, 2000 

Minneapolis

Change In Bank Control

Coddle Creek Financial Corp., Mooresville, North Carolina -- change in bank control.

- Permitted, February 4, 2000 

Richmond

Competitive Factors Reports

The Bank of Adamsville, Adamsville, Tennessee -- report on competitive factors of 

the proposed merger with Citizens State Bank, Parson.

- Submitted, February 3, 2000 

St. Louis

Bank of Ephraim, Ephraim, Utah -- report on competitive factors of the proposed 

merger with USB Merger Corporation.

- Submitted, February 4, 2000 

San Francisco

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority January 30, 2000 to February 5, 2000

Competitive Factors Reports

Citizens National Bank of Elkins, Elkins, West Virginia -- report on competitive 

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

Petersburg branch of South Branch Valley National Bank, Moorefield.

- Submitted, February 3, 2000 

Richmond

City National Savings Bank, FSB, Jefferson City, Missouri -- report on competitive 

factors of the proposed merger with Exchange National Bank of Jefferson City.

- Submitted, February 3, 2000 

St. Louis

Davis Trust Company, Elkins, West Virginia -- report on competitive factors of the 

proposed merger with Davis Interim Bank.

- Submitted, February 2, 2000 

Richmond

Fleet National Bank, Providence, Rhode Island -- report on competitive factors of 

the proposed merger with Fleet Trust and Investment Services, N.A., Stuart, Florida.

- Submitted, February 3, 2000 

Boston

The Heritage Bank, Lucama, North Carolina -- report on competitive factors of the 

proposed purchase of assets and assumption of deposit liabilities of the Pinetops and 

Fremont branches of Triangle Bank, Raleigh.

- Submitted, February 2, 2000 

Richmond

Morgan Trust Company, Memphis, Tennessee -- report on competitive factors of the 

proposed merger with Morgan Keegan Trust Company, FSB.

- Submitted, January 31, 2000 

St. Louis

Saline County State Bank, Stonefort, Illinois -- report on competitive factors of the 

proposed merger with The Egyptian State Bank, Carrier Mills.

- Submitted, February 3, 2000 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority January 30, 2000 to February 5, 2000

Competitive Factors Reports

U.S. Bank National Association, Fargo, North Dakota -- report on competitive 

factors of the proposed purchase of assets of Eaglemark Bank, National Association, 

Carson City, Nevada.

- Submitted, February 2, 2000 

Minneapolis

Extensions Of Time

Fentura Bancorp, Inc., Fenton, Michigan -- extension to June 8, 2000, to acquire 

Davison State Bank, Davison, a de novo bank.

- Granted, February 1, 2000 

Chicago

Great Southern Capital Corporation Employee Stock Ownership Trust, Meridian, 

Mississippi -- extension to May 4, 2000, to acquire shares of Great Southern Capital 

Corporation.

- Granted, February 4, 2000 

Atlanta

Van Orin Bancorp, Inc., Van Orin, Illinois -- extension to May 6, 2000, to become a 

bank holding company through the acquisition of First State Bank of Van Orin.

- Granted, January 28, 2000 (AC)

Chicago

Membership

The Ravenna Bank, Ravenna, Nebraska -- membership in the Federal Reserve 

System.

- Approved, January 31, 2000 

Kansas City

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting on December 21, 1999.

- Published, February 3, 2000 

FOMC

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority January 30, 2000 to February 5, 2000

Regulations And Policies

Short-term interest rates -- increase in the target for the federal funds rate from 5-1/2 

percent to 5-3/4 percent.

- Approved, February 2, 2000 

FOMC

(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 5, 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 5, 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 Turkiye Is Bankasi A.S., Ankara, Turkey, to establish a

representative office in New York, New York.

Newspaper – 02/11/2000

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

establish a federally licensed uninsured branch in Greenwich,

Connecticut.

Newspaper – N/Avail

Branch Summit Bank, Hackensack, New Jersey, to establish a branch

office located at Pathmark Supermarket, 757 Route 15 South,

Lake Hopatcong, Morris County, New Jersey .*

Newspaper – 02/10/2000

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 – N/Avail

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, February 5, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Summit Bank, Bethlehem, PA, to establish 4 branch offices at

the Pathmark Supermarkets located at 5005 Edgemont Ave,

Brookhaven, PA, Delaware County, PA, 4160 Monument Road,

Philadelphia, PA, Philadelphia, County, PA, 840 Cottman

Avenue, Philadelphia, Philadelphia County, PA, 8700 Frankford

Avenue, Philadelphia, Philadelphia, County, PA.

2/10/2000

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 5, 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) Received application from Park National Corporation, Newark,

OH on 02/03/2000 to acquire U.B. Bancshares, Inc., Bucyrus,

OH.

Fed Reg – 03/06/2000

3(a)(3) Received application from Park National Corporation, Newark,

OH on 02/03/2000 to acquire SNB Corporation, Greenville, OH.

Fed Reg – 03/06/2000

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

2190521 ShoreBank, Cleveland

540 East 105 th Street

Cleveland, OH 44108

11/01/1999 01/31/2000 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, February 5, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Highlands Union Bank, Abingdon, Virginia, to establish

a branch at 1013 Highway 105, Boone, North Carolina.*

Newspaper – 02/18/2000

*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

3(a)(1) Davis Trust Financial Corporation, Elkins, West Virginia, to

become a bank holding company through the acquisition of

Davis Trust Company, Elkins, West Virginia.*

Fed Reg – 03/02/2000

Newspaper – 02/28/2000

*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

4(c)(8) First Mariner Bancorp, Baltimore, Maryland, after-the-fact

notice of its engagement in lending activities.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Foreign BankAmerica International Investment Corporation, Chicago,

Illinois, to make an additional investment in Maxcom

Telecomunicaciones, S.A. de C.V., Mexico City, Mexico

Membership Hanover Bank, Mechanicsville, Virginia, an organizing bank,

for membership in the Federal Reserve System.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

947628 Peoples Community Bank

15960 Kings Highway

Montross, Virginia 22520

11/15/1999 01/31/2000 S X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, February 5, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

OAKAR AmSouth Bank, Birmingham, Alabama, to merge with First

American Federal Savings Bank, Dalton, Georgia.

02/282000*

Branch Colonial Bank, Montgomery, Alabama, to establish a branch

located at West 12 Avenue and 49th Street.

02/04/2000*

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

located at 34905 Emerald Coast Parkway, Destin, Florida.

02/11/2000*

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

located at 3805 A1A South, St. Augustine, Florida.

02/11/2000*

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at

2155 North Decatur Road, Decatur, Georgia, to be known as

Emory Commons Publix.

02/04/2000*

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at

4850 Sugarloaf Parkway, Lawrenceville, Georgia, to be known

as Sugarloaf Crossing Publix.

02/04/2000*

Branch SunTrust Bank, Atlanta, Georgia, to establish a branch located at

1001 Ponce de Leon Avenue, Atlanta, Georgia, to be known as

the Publix on Ponce.

02/04/2000*

*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

None
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Summit Bank Corporation, Atlanta, Georgia, to establish

CashMart, Inc., Atlanta, Georgia, and thereby engage de novo in

providing check cashing services (see Midland Bank, PLC,76

Federal Reserve Bulletin 860 (1990), and Popular, Inc., 84

Federal Reserve Bulletin 481 (1998)); and sell money orders and

other consumer-type payment instruments, including prepaid

phone cards, pursuant to Section 4(c)(8) of the Bank Holding

Company Act and Section 225.28(b)(13) of Regulation Y (also

see Popular, Inc., 84 Federal Reserve Bulletin 481 (1998)).

N/Avail

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 7

Federal Reserve Bank of Chicago

Applications and notifications filed during the week ending Saturday, February 5, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branches

Old Kent Bank, Grand Rapids, Michigan, to merge with Grand

National Bank, Wauconda, Illinois, and Grand Premier Trust

and Investment, Inc., N.A., Freeport, Illinois, and thereby

establish 24 branches*

Newspaper – 02/26/2000

Branch F&M Bank-Wisconsin, Pulaski, Wisconsin, to establish a branch

located at 160 East Pulaski Street, Pulaski, Wisconsin*

Newspaper – 02/11/2000

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

located at 29659 Seven Mile, Livonia, Michigan*

Newspaper – 02/03/2000

* 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 – N/Avail

Newspaper – 02/08/2000

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

acquire Grand Premier Financial, Inc., Wauconda, Illinois, and

thereby indirectly acquire Grand National Bank, Wauconda,

Illinois*

Fed Reg – 02/28/2000

Newspaper – 02/26/2000

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

State Bank of Plymouth, Plymouth, Illinois*

Fed Reg – N/Avail

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

983448 M&I Marshall & Ilsley Bank

770 N. Water Street

Milwaukee, Wisconsin 53201

(414) 765-7937

08/09/1999 02/01/2000 O X

882242 Rolling Hills Bank & Trust

1307 E. 7th

Atlantic, Iowa 50022-0365

(712) 243-2244

11/01/1999 02/01/2000 O X

1000445 M&I Bank of Racine

441 Main Street

Racine, Wisconsin 53401

(414) 638-6200

07/26/1999 02/03/2000 S X

519548 M&I Bank of Burlington

200 S. Pine Street

Burlington, Wisconsin 53105

(414) 763-9141

04/07/1999 02/04/2000 S X
Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, February 5, 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)(1) Notice by Branson Bancshares, Inc., Branson, Missouri, to

acquire Branson Bank, Branson, Missouri.*

Newspaper – 2/28/2000

Fed Reg – 2/28/2000

* 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

4(c)(8) Notice by National Commerce Bancorporation, Memphis,

Tennessee, to utilize it existing wholly owned nonbank

subsidiary, TransPlatinum Service Corp., Nashville, Tennessee,

to acquire Fleet One, L.L.C., Nashville, Tennessee, and thereby

expand TransPlatinum Service Corp.’s existing data processing

and data transmission activities, pursuant to Section

225.28(b)(14) of Regulation Y. (Previously reported during the

week ending January 29, 2000)

2/18/2000

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

Type Application

3(a)(5)(C) Notice by Concord Bancshares, Inc., St. Louis, Missouri, to

acquire Concord Bank, St. Louis, Missouri.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, February 5, 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

SRNEW K. Roberts, Inc., Hendrum, Minnesota, to redeem 10.7% of its

common stock.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, February 5, 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) Central Financial Corporation, Hutchinson, Kansas, for prior

approval to acquire 8.34 percent of the voting shares of

NorthStar Bancshares, Inc., Riverside, Missouri, a proposed one

bank holding company.

Newspaper – N/Available

FedReg – 03/03/2000

CIC Hinton W. and Virginia S. Swearingen, Sedalia, Missouri, to

acquire 30.4 percent of the voting shares of 1889 Bancshares,

Nevada, Missouri, and thereby, indirectly acquire First National

Bank of Nevada, Nevada, Missouri.

Newspaper – N/Available

FedReg – 02/24/2000

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

Member First Bank and Trust Corporation, Broken Bow, Oklahoma, for

prior approval to become a member of the Federal Reserve

System.

Member American Heritage Bank, El Reno, Oklahoma, for prior approval

to become a member of the Federal Reserve System.

Stock Redemption Cedar Financial Holding Company, Fordyce, Nebraska, for prior

approval to redeem 2,396 shares of its voting common stock

from Donavan L. Weiseler.

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

874256 Legacy Bank

Hinton, Oklahoma

11/01/1999 01/31/2000 S X

896856 Castle Rock Bank

Castle Rock, Colorado

11/08/1999 02/03/2000 O X

2038566 Legacy Bank

Blanchard, Oklahoma

11/15/1999 02/04/2000 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 5, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Texas Bank, Weatherford, TX, to establish a branch office at

8875 Highway 80 West, Fort Worth, TX, 76116*

02/05/2000

*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

1447639 Bank of the West

500 North Mesa Street

El Paso, TX 79901-1385

10/25/1999 02/05/2000 O X

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, February 5, 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) Wells Fargo & Company, San Francisco, California, to acquire

Michigan Financial Corporation, Marquette, Michigan, and

thereby indirectly acquire their wholly-owned subsidiaries. *

Newspaper - 02/28/2000

Fed Reg - 03/02/2000

3(a)(1) Scottsdale Bancorp, Woodbury, Minnesota, to become a bank

holding company by acquiring Scottsdale CommunityBank,

Scottsdale, Arizona. *

Newspaper - 03/12/2000

Fed Reg - 02/22/2000

3(a)(1) FNB Bancorp, Layton, Utah, to become a bank holding

company by acquiring First National Bank of Layton, Layton,

Utah. *

Newspaper - 03/01/2000

Fed Reg - 03/03/2000

* 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

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

Michigan Financial Life Insurance Company, in connection with

their proposed acquisition of Michigan Financial Corporation,

both of Marquette, Michigan.

Fed Reg - 03/02/2000
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

COM Banque Nationale de Paris, Paris, France, requests relief of

certain commitments made in connection with their acquisition

of Charter Atlantic Corporation, which was approved on

7/28/99.

S/R Westamerica Bank to pay a dividend in the amount of $40

million to its parent, Westamerica Bancorporation, both of San

Rafael, California.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

657365 Hanmi Bank

3660 Wilshire Boulevard

Penthouse A

Los Angeles, CA 90010

(213) 382-2200

10/04/1999 01/31/2000 S X

999663 Western Security Bank

701 East Camelback Road

Scottsdale, AZ 85251

(602) 947-9888

09/20/1999 02/01/2000 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 Quarter of

Institution Location

None