Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 50

Week Ending December 9, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions December 3, 2000 to December 9, 2000

Bank Holding Companies

Bayerische Hypo- und Vereinsbank AG, Munich, Germany -- temporary exemption 

to retain certain U.S. subsidiaries after the proposed acquisition of Bank Austria AG, 

Vienna, Austria.

- Granted, November 29, 2000 (AC)

Currency

Federal Reserve Notes -- new currency budget for 2001.

- Approved, December 7, 2000 

Regulations And Policies

Regulation H -- final interagency rules to establish consumer protections on sales of 

insurance products and annuities by depository institutions.

- Approved, November 14, 2000 (AC)

Risk-based capital standards -- request for comment on interagency proposed rule to 

amend capital standards for banks, bank holding companies, and savings associations 

to reduce the risk weight assigned to claims on qualifying securities firms (Docket 

No. R-1085).

- Approved, October 17, 2000 (AC)

Securities borrowing transactions -- joint interim rule and request for comment on 

revisions to the risk-based capital treatment of cash collateral posted in connection 

with certain securities borrowing transactions (Docket No. R-1087).

- Approved, November 8, 2000 (AC)

(AC) = Addition or Correction Board - Page 1 of 1
December 3, 2000 to December 9, 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

AmSouth Bank, Birmingham, Alabama -- to establish branches at 341 Summit 

Boulevard; 9800 Highway 69 South, Tuscaloosa; and 1425 E. Venice Avenue, 

Venice, Florida.

- Approved, December 6, 2000 

Secretary

The Bank of New York, New York, New York -- to establish a branch at 188 

Montague Street, Brooklyn.

- Approved, December 8, 2000 

New York

BankAnnapolis, Annapolis, Maryland -- to operate a mobile branch by providing a 

courier service to pick up noncash deposits from business customers in Annapolis 

and in Anne Arundel, Calvert, Montgomery, Prince George's, and Queen Anne's 

Counties.

- Approved, December 8, 2000 

Richmond

Citizens Bank, Flint, Michigan -- to establish a branch at 7701 Grand River Road, 

Brighton.

- Approved, December 7, 2000 

Chicago

First United Bank, Denver, Colorado -- to establish a branch at 1310 United Heights, 

Colorado Springs.

- Approved, December 5, 2000 

Kansas City

Peapack-Gladstone Bank, Gladstone, New Jersey -- to establish a branch at 417 

Route 206 North, Hillsborough.

- Approved, December 5, 2000 

New York

(AC) = Addition or Correction Delegated - Page 1 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Bank Branches, Domestic

Placer Sierra Bank, Auburn, California -- to establish a branch at 3384 Coach Lane, 

Cameron Park.

- Approved, December 8, 2000 

San Francisco

SouthTrust Bank, Birmingham, Alabama -- to establish a branch at 1500 Sadler 

Road, Fernandina Beach, Florida.

- Approved, December 6, 2000 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish branches at 3520 Walton Way, 

Augusta; at the intersection of Monticello Avenue and Powhatan Parkway, 

Williamsburg, Virginia; and at 2610 Boston Street, Baltimore, Maryland.

- Approved, December 6, 2000 

Atlanta

Bank Holding Companies

Ames National Corporation, Ames, Iowa -- to retain its investment in Mahaska 

Investment Company, Oskaloosa.

- Withdrawn, December 8, 2000 

Chicago

Calumet Bancorporation, Inc., Chilton, Wisconsin -- waiver of application in 

connection with the acquisition of State Bank of Stockbridge, Stockbridge.

- Granted, December 1, 2000 (AC)

Chicago

Citicorp, New York, New York -- waiver of remainder of notification period to 

invest in Citicorp Banking Corporation, New Castle, Delaware, and for the latter to 

make related investments under Regulation K.

- Granted, December 7, 2000 

Director, BS&R

(AC) = Addition or Correction Delegated - Page 2 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Bank Holding Companies

Fifth Third Bancorp, Cincinnati, Ohio -- to acquire Maxus Securities Corp., 

Cleveland, Maxus Asset Management, Inc., and Gelfand/Maxus Asset Management, 

Inc., and thereby engage in securities brokerage, investment, and financial advisory 

activities and employee benefits counseling.

- Approved, December 8, 2000 

Cleveland

First Bancorp of Taylorville, Inc., Taylorville, Illinois -- to acquire The First National 

Bank of Mount Auburn, Mount Auburn.

- Approved, December 1, 2000 (AC)

Chicago

First National Bankers Bankshares, Inc., Baton Rouge, Louisiana -- to acquire 

Mississippi National Bankers Bank, Ridgeland, Mississippi.

- Approved, December 4, 2000 

Atlanta

Firstar Corporation, Milwaukee, Wisconsin -- commenter's request to extend the 

comment period in connection with the application to merge with U.S. Bancorp, 

Minneapolis, Minnesota.

- Denied, December 7, 2000 

Secretary

Forsyth Bancshares, Inc., Cumming, Georgia -- modification of commitments.

- Approved, December 6, 2000 

Atlanta

Hometown Bancshares, Inc., Corbin, Kentucky -- to become a bank holding 

company through the acquisition of Bank of Corbin, Inc.

- Approved, December 7, 2000 

Cleveland

Innes Street Financial Corporation, Salisbury, North Carolina -- to become a bank 

holding company through the acquisition of Citizens Bank, Inc.

- Approved, December 7, 2000 

Richmond

(AC) = Addition or Correction Delegated - Page 3 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Bank Holding Companies

Irwin Financial Corporation, Columbus, Indiana -- to acquire Irwin Union Bank, 

FSB, Louisville, Kentucky.

- Approved, December 1, 2000 (AC)

Chicago

Mizuho Holdings, Inc., Tokyo, Japan, and The Dai-Ichi Kangyo Bank, Limited -- to 

establish, through CIT Group, a joint venture, Dealerconx, Inc., Livingston, New 

Jersey, and thereby engage de novo in providing brokerage, servicing, leasing 

services, and data processing services related to automobile lending activities.

- Approved, December 8, 2000 

New York

PAB Bankshares, Inc., Valdosta, Georgia -- to acquire and merge Friendship 

Community Bank, Ocala, Florida, and FCB Interim Bank.

- Approved, December 8, 2000 

Atlanta

U.S. Bancorp, Minneapolis, Minnesota -- to acquire U.S. Bank Interim National 

Association ND, Sioux Falls, South Dakota.

- Withdrawn, December 7, 2000 

Minneapolis

Wells Fargo & Company, San Francisco, California; Wells Fargo Financial Services, 

Inc., Des Moines, Iowa; and Wells Fargo Financial, Inc. -- to acquire certain assets 

and assume certain liabilities of Flagship Credit Corporation, Philadelphia, 

Pennsylvania, and thereby engage in consumer lending activities.

- Approved, December 6, 2000 

Secretary

Westdeutsche Landesbank Girozentrale, Dusseldolf, Germany -- to acquire 

Gulfstream Global Investors, Ltd., Addison, Texas, and thereby engage in investment 

advisory activities.

- Approved, December 8, 2000 

New York

(AC) = Addition or Correction Delegated - Page 4 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Bank Mergers

Centennial Bank of the West, Eaton, Colorado -- to merge with the Eaton branch of 

Farmers Bank, Ault, and thereby establish an additional branch.

- Approved, December 5, 2000 

Kansas City

Capital Stock

Amador Bancshares, Inc., Las Cruces, New Mexico -- redemption of stock.

- Approved, December 6, 2000 

Dallas

Oak Valley Community Bank, Oakdale, California -- to reduce capital stock.

- Approved, November 30, 2000 (AC)

San Francisco

Change In Bank Control

Delhi Bancshares, Delhi, Louisiana -- change in bank control.

- Permitted, December 8, 2000 

Dallas

Prairie Bancshares, Inc., Lester Prairie, Minnesota -- change in bank control.

- Permitted, December 7, 2000 

Minneapolis

Competitive Factors Reports

CFS Bank, Westbury, New York -- report on competitive factors of the proposed 

merger with Queens County Savings Bank, Flushing.

- Submitted, December 7, 2000 

New York

The Cleburne County Bank, Heber Springs, Arkansas -- report on competitive 

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

Greenbrier, Damascus, Center Ridge, and Marshall branches of One Bank & Trust, 

Little Rock.

- Submitted, December 8, 2000 

St. Louis

(AC) = Addition or Correction Delegated - Page 5 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Competitive Factors Reports

Community Bank and Trust, SSB, Beaumont, Texas -- reports on competitive 

factors of the proposed merger with The First State Bank, Colmesneil.

- Submitted, December 4, 2000 

Dallas

Fidelity National Bank, West Memphis, Arkansas -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of Planters National 

Bank, Hughes.

- Submitted, December 5, 2000 

St. Louis

First Bank of Childersburg, Vincent, Alabama -- report on competitive factors of the 

proposed purchase of assets and assumption of deposit liabilities of the Grant branch 

of Nexity Bank, Birmingham.

- Submitted, December 4, 2000 

Atlanta

First National Bank of Pennsylvania, Greenville, Pennsylvania -- report on 

competitive factors of the proposed reorganization and acquisition of trust assets of 

First Interim National Trust Company, Clearwater, Florida.

- Submitted, December 1, 2000 (AC)

Cleveland

First National Bank of Phillips County, Helena, Arkansas -- report on competitive 

factors of the proposed merger with Delta State Bank, Elaine.

- Submitted, December 5, 2000 

St. Louis

Harris Trust Bank of Arizona Interim Bank, Scottsdale, Arizona -- report on 

competitive factors of the proposed merger with Century Bank.

- Submitted, November 28, 2000 (AC)

Chicago

Lower Salem Commercial Bank, Lower Salem, Ohio -- report on competitive factors 

of the proposed merger with Peoples Bank, N.A., Marietta.

- Submitted, December 1, 2000 (AC)

Cleveland

(AC) = Addition or Correction Delegated - Page 6 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Competitive Factors Reports

Main Street Bank, Covington, Georgia -- report on competitive factors of the 

proposed merger with Walton Bank & Trust Co., Monroe.

- Submitted, December 4, 2000 

Atlanta

Rocky Mountain Bank, Chandler, Arizona -- report on competitive factors of the 

proposed merger with FNB Interim Bank, Scottsdale.

- Submitted, December 6, 2000 

San Francisco

State Bank of Chilton, Chilton, Wisconsin -- report on competitive factors of the 

proposed merger with State Bank of Stockbridge, Stockbridge.

- Submitted, December 6, 2000 

Chicago

Steel Valley Bank, N.A., Dillonvale, Ohio -- report on competitive factors of the 

proposed reorganization and merger with Dillonvale Interim Bank, N.A. 

- Submitted, December 1, 2000 (AC)

Cleveland

The Trust Company of New Jersey, Jersey City, New Jersey -- report on competitive 

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

of the Oakland, Hillsdale, West Paterson, and Pequannock branches of The Bank of 

New York, New York, New York.

- Submitted, December 6, 2000 

New York

Wachovia Bank, National Association, Winston-Salem, North Carolina -- report on 

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

of the Farragut, Tennessee, branch of Greene County Bank, Greenville.

- Submitted, December 5, 2000 

Richmond

Wells Fargo Bank, Minnesota, National Association, Minneapolis, Minnesota -- 

report on competitive factors of the proposed merger with The Buffalo National 

Bank, Buffalo.

- Submitted, December 7, 2000 

Minneapolis

(AC) = Addition or Correction Delegated - Page 7 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to March 13, 2001, to 

acquire The ANB Corporation, The ANB Delaware Corporation, and The American 

National Bank of Texas.

- Granted, December 6, 2000 

Dallas

Bankoelwein, Inc., Oelwein, Iowa -- extension to March 15, 2001, to become a bank 

holding company through the acquisition of Community Bank of Oelwein.

- Granted, December 1, 2000 (AC)

Chicago

Home Town Banking Corporation, Monroe, Georgia -- extension to March 7, 2001, 

to become a bank holding company through the acquisition of Walton Bank & Trust 

Company.

- Granted, December 6, 2000 

Atlanta

Keene Bancorp, Inc., Employee Stock Ownership Plan and Trust, Keene, Texas -- 

extension to February 28, 2001, to acquire Keene Bancorp, Inc.; First State Bank; 

and Nichols Bancshares, Inc., Dover, Delaware.

- Granted, December 6, 2000 

Dallas

Santa Barbara Bank & Trust, Santa Barbara, California -- extension to March 13, 

2001, to merge with Los Robles Bank, Thousand Oaks, and thereby establish 

branches.

- Granted, December 5, 2000 

San Francisco

Financial Holding Companies

Chesapeake Financial Shares, Inc., Kilmarnock, Virginia -- election to become a 

financial holding company.

- Effective, December 7, 2000 

Richmond

(AC) = Addition or Correction Delegated - Page 8 of 9
H.2 Actions under delegated authority December 3, 2000 to December 9, 2000

Financial Holding Companies

Premier Bancorp, Inc., Doylestown, Pennsylvania -- election to become a financial 

holding company.

- Effective, December 7, 2000 

Philadelphia

International Operations

Citibank, N.A., New York, New York -- for its subsidiary, Citibank Canada, 

Toronto, Canada, to apply dealing limits to certain securities on a net basis.

- Approved, November 29, 2000 (AC)

Director, BS&R

Citigroup Inc., New York, New York -- waiver of remainder of notification period in 

connection with the acquisition of Associates Capital Corporation plc, United 

Kingdom, and Associates Financial Services (Asia) Limited, Hong Kong.

- Granted, November 30, 2000 (AC)

Director, BS&R

(AC) = Addition or Correction Delegated - Page 9 of 9
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, December 9, 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, December 9, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Sparkasse Stockerau AG, Vienna, Austria, to establish federal

branches in Greenwich, Connecticut, and New York, New York,

and representative offices in San Francisco, California, and

Atlanta, Georgia.

Newspaper – N/Avail

FBSEA RheinHyp Rheinische Hypothekenbank, AG, Frankfurt,

Germany, to establish a representative office in New York, New

York.

Newspaper – N/Avail

FBSEA DePfa Bank AG, Wiesbaden, Germany, to establish a

representative office in New York, New York.

Newspaper – 01/02/2001

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

Type Application

Ending date of

comment period

3(a)(1) Israel Salt Industries, Atlit, Israel ("Applicant"), to become a

bank holding company in connection with the establishment of

Signature Bank, New York, New York ("Signature Bank") by

Bank Hapoalim B.M., Tel Aviv, Israel ("Bank Hapoalim").

Applicant would become a bank holding company through its

direct and indirect control of 45.25 percent of the voting shares

of Bank Hapoalim B.M. Signature Bank would be a wholly

owned subsidiary of Bank Hapoalim.*

Newspaper – N/Avail

Fed Reg – 12/14/2000

3(a)(1) Arison Holdings (1998) Ltd., Tel Aviv, Israel ("Applicant"), to

become a bank holding company in connection with the

establishment of Signature Bank, New York, New York

("Signature Bank") by Bank Hapoalim B.M., Tel Aviv, Israel

("Bank Hapoalim"). Applicant would become a bank holding

company through its direct and indirect control of 45.25 percent

of the voting shares of Bank Hapoalim B.M. Signature Bank

would be a wholly owned subsidiary of Bank Hapoalim.*

Newspaper – N/Avail

Fed Reg – 12/18/2000
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

Change in Control Change in Bank Control with regard to Patriot National

Bancorp, Inc., Stamford, Connecticut, by Angelo DeCaro,

Riverside, Connecticut to acquire up to 35 percent of Patriot

National Bancorp’s outstanding shares.*

Newspaper – N/Avail

Fed Reg – 12/06/2000

* 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) Bayerische Hypo und Vereinsbank AG, Munich, Germany, to

acquire the nonbank subsidiaries of Bank Austria AG, Vienna,

Austria, and thereby engage in nonbanking activities.

Fed Reg – 12/22/2000

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
Section V – Availability of CRA public evaluations

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, December 9, 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, December 9, 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

542528 The Citzens Banking Company

100 East Water Street

Sandusky, OH 44870

09/11/2000 12/04/2000 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, December 9, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch James Monroe Bank, Arlington, Virginia, to establish a branch

at 606 South King Street, Leesburg, Virginia.*

Newspaper - 12/15/2000

Branch Monarch Bank, Chesapeake, Virginia, to establish a branch

at 2700 Virginia Beach Boulevard, Virginia Beach, Virginia.*

Newspaper - 12//19/2000

Branch Virginia Commerce Bank, Arlington, Virginia, to establish a

branch at 2030 Old Bridge Road, Lakeridge, Virginia.*

Newspaper - 12/31/2000

*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

4(c)(8) Chesapeake Financial Shares, Inc., Kilmarnock, Virginia, to

engage de novo in trust and securities brokerage activities

through a subsidiary to be known as Chesapeake Trust

Company, Kilmarnock, Virginia.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, December 9, 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 14965 N. Florida Avenue, Tampa, Florida.

12/15/2000*

*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

3(a)(1) Bedwell Investments, Inc., Jackson, Alabama, to become a bank

holding company by acquiring Merchants Trust, Inc., Jackson,

Alabama.

01/05/2001*

3(a)(3) Summit Bank Corporation, Atlanta, Georgia, to acquire at least

35 percent and up to 100 percent of the outstanding shares of

Global Commerce Bank, Doraville, Georgia.

Not yet available*

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

WAIVR First Sterling Banks, Inc., Kennesaw, Georgia, application

waiver request for the proposed merger of its subsidiary, Main

Street Bank, Covington, Georgia, with Walton Bank & Trust

Company, Monroe, Georgia.
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, December 9, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18c &

 Branch

Bank of Pontiac, Pontiac, Illinois, for prior approval to merge

with Odell State Bank, Odell, Illinois, and thereby establish a

branch office at 200 South Waupansie, Odell, Illinois.*

Newspaper – 12/21/2000

18c &

 Branch

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

approval to merge with M&I Citizens American Bank, Merrill;

M&I Central Bank & Trust, Marshfield; M&I Bank of Eagle

River, Eagle River; M&I Merchants Bank, Rhinelander; M&I

First American Bank, Wausau; M&I Bank, Ashland; M&I Bank,

Superior; and M&I Mid State Bank, Stevens Point; all in

Wisconsin, and thereby establish 36 branch offices.*

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

CIC Notification by David G. and Susan H. McCurry, of a Change in

Control, to acquire an additional 8,500 shares, or 1.59 percent of

the outstanding voting shares of Washington Bancorp.,

Washington, Iowa. After consummation the McCurry's will

own 10.65 percent of Washington Bancorp.

Fed Reg – 12/08/2000

Newspaper – 12/18/2000

CIC Notification by Martin Price, of a Change in Control to retain

control as voting trustee of 97 percent of First Suburban

Bancorp Corporation, Maywood, Illinois.

Fed Reg – 12/15/2000

Newspaper – 12/20/2000

3(a)(3) Ames National Corporation, Ames, Iowa, is requesting approval

to retain its 5.39 percent investment in Mahaska Investment

Company, Oskaloosa, Iowa, and own up to 10 percent*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) First Capital Bankshares, Incorporated, Peoria, Illinois, for prior

approval to acquire 20 percent of the voting shares of

Community Bank of Lemont (in organization), Lemont,

Illinois.*

Fed Reg – N/Avail

Newspaper – 12/15/2000
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) Indiana United Bancorp, Greensburg, Indiana, for prior approval

to acquire 100 percent of the voting shares of Regional Federal

Savings Bank, New Albany, Indiana. (Bank will convert to a

state chartered commercial bank to be known as Regional

Bank).*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(1) Worth Bancorp, Spartanburg, Indiana, for prior approval to

become a bank holding company through the acquisition of

Worth Bank (in organization), Spartanburg, Indiana

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) BB&T Bancshares Corporation, Bloomingdale, Illinois,

notification of intent to engage in the activity of extending credit

and servicing loans.

Fed Reg – 12/28/2000

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

2727990 Legacy Bank

2102 W. Fond du Lac Avenue

Milwaukee, Wisconsin 53206

(414) 343-6900

07/05/2000 12/05/2000 O X

324340 Choice One Bank

109 E. Division

Sparta, Michigan 49345-1380

(616) 887-7366

07/31/2000 12/07/2000 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, December 9, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Notice by Area Bank, Owensboro, Kentucky, to establish a

branch at 2750 Nashville Road, Bowling Green, Kentucky.*

12/25/2000

* 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

4(c)(8) Notice by Great Southern Bancorp, Inc., Springfield, Missouri,

to acquire up to 20 percent of Guaranty Federal Bancshares,

Inc., Springfield, Missouri. (Previously submitted during the

weeks ending November 25, 2000 and December 2, 2000)*

Newspaper – 12/26/2000

Fed Reg – 12/26/2000

CIC Notice involving Security Bancshares, Inc., Amory, Mississippi,

by David Gunter Hodo, Amory, Mississippi, to retain 30.2

percent.

Newspaper – 12/26/2000

Fed Reg – N/Avail.

3(a)(1) Notice by Arkansas State Bancshares, Inc., Siloam Springs,

Arkansas, to acquire Arkansas State Bank, Siloam Springs,

Arkansas.*

Newspaper – 1/2/2001

Fed Reg – 1/2/2001

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, December 9, 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)A Remada Financial Holdings, Inc., Minnetonka, Minnesota,

proposes to become a bank holding company through the

acquisition of Claremont Financial Services, Inc., Blooming

Prairie, Minnesota, which owns Alliance Bank of Blooming

Prairie, Blooming Prairie, Minnesota.*

Fed. Reg. – 01/11/2001

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

application for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 10

Federal Reserve Bank of Kansas City

Applications and notifications filed during the week ending Saturday, December 9, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First State Bank, Taos, New Mexico, to establish a branch at

3620 Juan Tabo Boulevard, N.E., Albuquerque, New Mexico.

Newspaper 12/23/2000

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

Type Application

Ending date of

comment period

CIC James A. Waters, Wynnewood, Oklahoma, and Janet G. Streich,

Englewood, Colorado, to acquire voting shares of Garvin

County Bancshares, Inc., Wynnewood, Oklahoma, and thereby

indirectly acquire State Bank of Wynnewood, Oklahoma.

Newspaper - 12/31/2000

Fed Reg - N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, December 9, 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

CIC Stewart Larkin Armstrong, San Antonio, TX, to acquire an

interest in Kleberg and Company Bankers, Inc., Kingsville, TX

(previously reported the week ending December 2, 2000)

Fed Reg – 12/19/2000

Newspaper – 12/19/2000

3(a)(3) Bryan Family Management Trust, Bryan, TX, and

Bryan Heritage Limited Partnership, Bryan, TX, to acquire

The First National Bank of Bryan, Bryan, TX*

Fed Reg – 01/04/2000

Newspaper – 12/30/2000

3(a)(5) Prosperity Bancshares, Inc., Houston, TX, and

Prosperity Holdings, Inc., Wilmington, DE, to acquire

Commercial Bancshares, Inc., Houston, TX,

Heritage Bancshares, Inc., Wilmington, DE, and

Heritage Bank, Wharton, TX*

Fed Reg – 12/21/2000

Newspaper – 12/26/2000

CIC Lavinia Camille Brock Bircher, Clute, TX, et al, to acquire an

interest in FSB Bancshares, Inc., Clute, TX

(previously reported the week ending November 25, 2000)

Fed Reg – 12/15/2000

Newspaper – 12/30/2000

3(a)(1) Dickinson Holdings, Inc., Dickinson, TX, to acquire

Dickinson Holdings of Delaware, Inc., Wilmington, DE, and

The Citizens State Bank of Dickinson, Dickinson, TX*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(1) Dickinson Holdings of Delaware, Inc., Wilmington, DE, to

acquire The Citizens State Bank of Dickinson, Dickinson, TX*

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

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, December 9, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch California Center Bank, Los Angeles, California, to establish a

branch office at 4444 Convoy Street, Suite A-200, San Diego,

California. *

Newspaper - 12/07/2000

* 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)(5) Fontier Financial Corporation, Everett, Washington, to merge

with Interbancorp, Inc. and thereby indirectly acquire its

subsidiary, Inter Bank, both of Duvall, Washington. *

Newspaper - 01/12/2001

Fed Reg - 01/04/2001

* 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) Neighborhood Bancorp, San Diego, California, to engage de

novo in making, acquiring, brokering, servicing loans, or other

extensions of credit, and acting as an investment advisor through

a proposed investment in GCF Management, LLC, and

Goodman Capital, LLC, San Diego, California.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

4(c)(8) Farmers & Merchants Bancorp, Lodi, California to engage in a

lease purchase option of a property to Lodi House, Lodi,

California, a non-profit organization.

S/R Westamerica Bank to pay dividend in the amount of $20 million

to its parent, Westamercia 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

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None