Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 51

Week Ending December 19, 1998

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions December 13, 1998 to December 19, 1998

Testimony And Statements

President's Working Group on Financial Markets -- statement by Mr. Parkinson, 

Associate Director, Division of Research and Statistics, before the Senate Committee 

on Agriculture, Nutrition, and Forestry, December 16, 1998.

- Published, December 16, 1998 

Bank Holding Companies

Cooper Life Sciences and Greater American Financial Group, New York, New 

York -- to become bank holding companies by acquiring The Berkshire Bank.

- Approved, December 14, 1998 

Sulphur Springs Bancshares, Inc., Sulphur Springs, Texas, and Sulphur Springs 

Delaware Financial Corporation, Dover, Delaware -- to acquire First National Bank, 

Sulphur Springs, Texas.

- Approved, December 16, 1998 

Forms

Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of 

Foreign Banks (FR 2225) -- extension with revision.

- Proposed, November 2, 1998 (AC)

Annual Report (FR G-4) -- extension with revision.

- Proposed, November 2, 1998 (AC)

Deregistration Statement for Persons Registered Pursuant to Regulation U (FR G2) -- extension with revision.

- Proposed, November 2, 1998 (AC)

Registration Statement for Persons Who Extend Credit Secured by Margin Stock 

(Other than Banks, Brokers, or Dealers) (FR G-1) -- extension with revision.

- Proposed, November 2, 1998 (AC)

Report of Net Debit Cap (FR 2226) -- extension, without revision.

- Proposed, November 2, 1998 (AC)

Statement of Purpose for an Extension of Credit by a Creditor (FR T-4) -- extension 

with revision.

- Proposed, November 2, 1998 (AC)

(AC) = Addition or Correction Board - Page 1 of 3
H.2 Board Actions November 1, 1998 to November 7, 1998

Forms

Statement of Purpose for an Extension of Credit Secured by Margin Stock (FR U1) -- extension with revision.

- Proposed, November 2, 1998 (AC)

Statement of Purpose for an Extension of Credit Secured by Margin Stock by a 

Person Subject to Registration Under Regulation U (FR G-3) -- extension with 

revision.

- Proposed, November 2, 1998 (AC)

General Accounting Office

General Accounting Office -- response to GAO report entitled "Federal Reserve 

Banks: Areas for Improvement in Computer Controls."

- Approved, December 7, 1998 (AC)

Regulations And Policies

Automated Clearing House Credit Transactions -- request for comment on the 

benefits and drawbacks of providing settlement finality on the morning of the 

settlement day (Docket No. R-1032).

- Approved, December 11, 1998 (AC)

Reserve Bank Operations

Reserve Bank budgets -- budgets for 1999.

- Approved, December 16, 1998 

Enforcement

BankBoston International, Coral Gables, Florida -- final decision and order of 

prohibition and restitution against Ricardo Carrasco, a former institution-affiliated 

party.

- Authorized, December 16, 1998 

Bankers Trust Company, New York, New York -- order of assessment of a civil 

money penalty against Kassahum Kebede, a former institution-affiliated party.

- Announced, December 16, 1998 

Chemical Bank, New York, New York -- order of prohibition against Fred J. Smilek, 

a former institution-affiliated party.

- Announced, December 16, 1998 

(AC) = Addition or Correction Board - Page 2 of 3
H.2 Board Actions December 13, 1998 to December 19, 1998

Enforcement

P.T. Ekspor Impor Bank Indonesia (Persero), Jakarta, Indonesia -- order of 

assessment of a civil money penalty against the bank and its New York agency.

- Announced, December 16, 1998 

(AC) = Addition or Correction Board - Page 3 of 3
December 13, 1998 to December 19, 1998

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Bank Independent, Sheffield, Alabama -- to establish a branch at 1081 Highway 72, 

Killen, Alabama.

- Approved, December 16, 1998 

Atlanta

Bank of the Commonwealth, Norfolk, Virginia -- to establish a branch at 1245 Cedar 

Road, Chesapeake, Virginia.

- Approved, December 16, 1998 

Richmond

East Penn Bank, Emmaus, Pennsylvania -- to establish a branch at 1251 South Cedar 

Crest Boulevard, Allentown, Pennsylvania.

- Approved, December 18, 1998 

Philadelphia

First Community Bank, Orange City, Florida -- to establish a branch on U.S. 

Highway 17-92 at the intersection of Old Daytona Road, DeLand, Florida.

- Approved, December 16, 1998 

Atlanta

First State Bank, Livingston, Texas -- to establish a branch at U.S. Highway 190 and 

Old Groveton Road, Onalaska, Texas.

- Approved, December 16, 1998 

Dallas

Hacienda Bank, Santa Maria, California -- to establish a branch at 2414 South 

Broadway, Santa Maria, California.

- Approved, December 16, 1998 

San Francisco

Pointe Bank, Boca Raton, Florida -- to establish a branch at 19645 State Road 7, 

Boca Raton, Florida.

- Approved, December 15, 1998 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Bank Branches, Domestic

Rockingham Heritage Bank, Harrisonburg, Virginia -- to establish a branch at 

Wellington Plaza, Jefferson Davis Highway, Waynesboro, Virginia.

- Approved, December 16, 1998 

Richmond

SunTrust Bank, Tampa Bay, Tampa, Florida -- to establish branches at 301 N. 38th 

Avenue, St. Petersburg, Florida, and 12098 Anderson Road, Tampa.

- Approved, December 18, 1998 

Atlanta

The Commonwealth Bank, Richmond, Virginia -- to establish a branch at 12410 

Gayton Road, Richmond, Virginia.

- Approved, December 18, 1998 

Richmond

The Peoples Bank and Trust Company, Selma, Alabama -- to establish a branch at 

1431 Gateway Drive, Opelika, Alabama.

- Approved, December 16, 1998 

Atlanta

Bank Holding Companies

Alabama National BanCorporation, Birmingham, Alabama -- to acquire Community 

Bank of Naples, N.A., Naples, Florida.

- Approved, December 14, 1998 

Atlanta

Alabama National BanCorporation, Birmingham, Alabama -- waiver of application 

for Citizens & Peoples Bank, N.A., Cantonment, Florida, to own bank stock 

temporarily in connection with the proposed acquisition of Community Bank of 

Naples, N.A., Naples, Florida.

- Granted, December 14, 1998 

Atlanta

Associated Banc-Corp, Green Bay, Wisconsin -- to acquire Windsor Bancshares, 

Inc., and thereby acquire Bank Windsor, Norstrand, Minnesota.

- Approved, December 17, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Bank Holding Companies

BB&T Corporation, Winston-Salem, North Carolina, and BB&T Financial 

Corporation of Virginia, Virginia Beach, Virginia -- to acquire MainStreet Financial 

Corporation, Martinsville, Virginia.

- Permitted, December 16, 1998 

Richmond

CCBT Bancorp, Inc., Hyannis, Massachusetts -- to become a bank holding company 

by acquiring Cape Cod Bank and Trust Company.

- Approved, December 17, 1998 

Boston

Centura Banks, Inc., Rocky Mount, North Carolina -- to acquire Capital Advisors of 

North Carolina, L.L.C., Charlotte, North Carolina; Capital Advisors of South 

Carolina, Inc., Columbia, South Carolina; Capital Advisors of Mississippi, Inc., 

Jackson, Mississippi; Selken, Inc., Atlanta, Georgia; and Capital Advisors, Inc., 

Raleigh, North Carolina, and engage in making, acquiring, brokering, and servicing 

loans or other extensions of credit. 

- Approved, December 16, 1998 

Secretary

Century Holding Corporation, Beverly Hills, California -- to acquire PNB 

Remittance Centers, Inc., Los Angeles, California.

- Withdrawn, December 17, 1998 

San Francisco

Chickasha Bancshares, Inc., Chickasha, Oklahoma -- to acquire Cement Insurance 

Agency, Inc., Cement, Oklahoma, and engage in general insurance agency activities 

in a town with a population less than 5000.

- Approved, December 14, 1998 

Kansas City

Commerce Bancorp, Cherry Hill, New Jersey -- to acquire Prestige Financial Corp., 

Flemington, New Jersey, and its subsidiary, Prestige State Bank.

- Approved, December 18, 1998 

Philadelphia

(AC) = Addition or Correction Delegated - Page 3 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Bank Holding Companies

Commercial National Financial Corporation, Ithaca, Michigan -- to engage in 

extending credit and servicing loans.

- Permitted, December 16, 1998 

Chicago

EBA Bancshares, Inc., Opelika, Alabama -- to become a bank holding company by 

acquiring Eagle Bank of Alabama.

- Approved, December 16, 1998 

Atlanta

FBOP Corporation, Oak Park, Illinois -- to acquire Calumet Bancorp, Inc., Dolton, 

Illinois, and Calumet Federal Savings and Loan Association of Chicago, Chicago, 

Illinois, and engage in certain nonbanking activities.

- Approved, December 15, 1998 

Chicago

First Security Bancorp, Searcy, Arkansas -- to acquire additional shares of Baxter 

County Bancshares, Inc., Mountain Home, Arkansas.

- Approved, December 14, 1998 

St. Louis

First Telebanc Corporation, Sanford, Florida -- modification of a commitment.

- Approved, December 17, 1998 

Atlanta

First Union Corporation, Charlotte, North Carolina -- to acquire additional shares of 

United Bancshares, Inc., Philadelphia.

- Approved, December 19, 1998 

Richmond

Fleet Financial Group, Inc., Boston, Massachusetts -- to acquire Merrill Lynch 

Specialists, Inc.; to merge that company into Fleet Securities, Inc.; and to continue to 

engage in certain nonbanking activities. 

- Permitted, December 17, 1998 

Boston

(AC) = Addition or Correction Delegated - Page 4 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Bank Holding Companies

Heritage Financial Corporation, Olympia, Washington -- to merge with Harbor 

Bancorp, Aberdeen, and thereby acquire The Bank of Grays Harbor.

- Approved, December 17, 1998 

San Francisco

Heritage Financial Corporation, Olympia, Washington -- to merge with Washington 

Independent Bancshares, Toppenish, Washington, and thereby acquire Central Valley 

Bank.

- Approved, December 17, 1998 

San Francisco

InSouth Florida, Inc., Naples, Florida -- to become a bank holding company through 

the acquisition of First Western Bank, Cooper City, Florida.

- Approved, December 14, 1998 

Atlanta

Jacksonville Bancorp, Inc., Jacksonville, Florida -- to become a bank holding 

company by acquiring The Jacksonville Bank.

- Approved, December 15, 1998 

Atlanta

NBC Capital Corporation, Starkville, Mississippi -- to acquire First National Finance 

Company, West Point, Mississippi, and engage in extending consumer credit.

- Permitted, December 16, 1998 

St. Louis

NBC Capital Corporation, Starkville, Mississippi -- to acquire First National 

Corporation of West Point, West Point, Mississippi, and thereby indirectly acquire 

First National Bank of West Point and National Bank of the South, Tuscaloosa, 

Alabama.

- Approved, December 16, 1998 

St. Louis

Peotone Bancorp, Inc., Peotone, Illinois, and Southwest Bancorp, Inc., Worth, 

Illinois -- to retain shares of Bank of the San Juans, Durango, Colorado.

- Approved, December 16, 1998 

Chicago

(AC) = Addition or Correction Delegated - Page 5 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Bank Holding Companies

Philippine Commercial International Bank, Manila, the Philippines -- notification to 

expand the operations of its U.S. subsidiary, PCI Express, Inc.

- Withdrawn, December 17, 1998 

San Francisco

Port William Bancshares, Inc., Carrollton, Kentucky -- to become a bank holding 

company through acquisition of The First National Bank of Carrollton.

- Approved, December 14, 1998 

St. Louis

Simmons First National Corporation, Pine Bluff, Arkansas -- to merge with Lincoln 

Bankshares, Inc., Lincoln, Arkansas, and acquire Bank of Lincoln.

- Approved, December 16, 1998 

Secretary

Umpqua Holdings Corporation, Roseburg, Oregon -- notice to become a bank 

holding company by acquiring South Umpqua State Bank.

- Returned, December 14, 1998 

San Francisco

Union Planters Corporation, Memphis, Tennessee -- to acquire FSB, Inc., 

Covington, Tennessee, and thereby acquire First State Bank of Covington.

- Approved, December 16, 1998 

St. Louis

Union Planters Corporation, Memphis, Tennessee -- to acquire Southeast Bancorp, 

Inc., Corbin, Kentucky, and thereby indirectly acquire The First National Bank of 

Corbin and First Bank of East Tennessee, N.A., LaFollette, Tennessee.

- Approved, December 16, 1998 

St. Louis

Village Bancshares, St. Libory, Illinois -- to become a bank holding company by 

acquiring State Bank of St. Libory.

- Approved, December 16, 1998 

St. Louis

(AC) = Addition or Correction Delegated - Page 6 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Bank Mergers

Berks County Bank, Reading, Pennsylvania -- to merge with Heritage National 

Bank, Pottstown, Pennsylvania, and change its name to Main Street Bank.

- Approved, December 17, 1998 

Philadelphia

Progressive Federal Savings Bank, Lawrenceburg, Indiana -- to merge with 

Perpetual Federal Savings and Loan Association, Lawrenceburg, Indiana.

- Approved, December 16, 1998 

Chicago

Bank Premises

Bank Independent, Sheffield, Alabama -- investment in bank premises.

- Approved, December 16, 1998 

Atlanta

Banks, Foreign

Commercial Bank of Korea, Seoul, Korea -- to operate certain U.S. offices of Hanil 

Bank temporarily after the proposed merger with Hanil Bank.

- Approved, December 15, 1998 

General Counsel

Kookmin Bank, Seoul, Korea -- request to file an application under Regulation K to 

establish an office in the United States after consummation of its proposed merger 

with Korea Long-Term Credit Bank.

- Approved, December 16, 1998 

General Counsel

Banks, State Member

Blue Ridge Bank, Sparta, North Carolina -- to declare a dividend.

- Approved, December 14, 1998 

Richmond

Capital Stock

Adams Bancshares, Inc., Adams, Minnesota -- redemption of shares.

- Approved, December 18, 1998 

Minneapolis

(AC) = Addition or Correction Delegated - Page 7 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Capital Stock

Owatonna Bancshares, Inc., Owatonna, Minnesota -- redemption of shares.

- Approved, December 16, 1998 

Minneapolis

Change In Bank Control

Cass County State Company, Plattsmouth, Nebraska -- change in bank control.

- Permitted, December 18, 1998 

Kansas City

Valley Bancorp, Inc., Syracuse, Kansas -- change in bank control.

- Permitted, December 15, 1998 

Kansas City

Competitive Factors Reports

B.A.F. Acquisition Corp., American Fork, Utah -- report on competitive factors of 

the proposed merger with Bank of American Fork.

- Submitted, December 16, 1998 

San Francisco

Branch Banking and Trust Company, Virginia Beach, Virginia -- report on 

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

certain liabilities of the Alexandria, McLean, and Springfield, Virginia, branches of 

Franklin National Bank of Washington, D.C., Washington, D.C.

- Submitted, December 18, 1998 

Richmond

Branch Banking and Trust Company, Winston-Salem, North Carolina -- report on 

competitive factors of the proposed merger with Franklin National Bank of 

Washington, D.C., Washington, D.C.

- Submitted, December 18, 1998 

Richmond

Commercial Bank of San Francisco, San Francisco, California -- report on 

competitive factors of the proposed merger with Lippo Bank.

- Submitted, December 16, 1998 

San Francisco

(AC) = Addition or Correction Delegated - Page 8 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Competitive Factors Reports

DeWitt State Bank, DeWitt, Nebraska -- report on competitive factors of the 

proposed merger with Nebraska State Bank, Western, Nebraska.

- Submitted, December 14, 1998 

Kansas City

Emprise Bank, N.A., Hays, Kansas -- report on competitive factors of the proposed 

merger with Emprise Interim Bank of Hays.

- Submitted, December 14, 1998 

Kansas City

Emprise Bank, N.A., Hillsboro, Kansas -- report on competitive factors of the 

proposed merger with Emprise Interim Bank of Hillsboro.

- Submitted, December 14, 1998 

Kansas City

First State Bank, Idabel, Oklahoma -- report on competitive factors of the proposed 

purchase of the assets and assumption of the liabilities of the Idabel, Oklahoma, 

branch of Superior Federal Savings, FSB, Fort Smith, Arkansas.

- Submitted, December 14, 1998 

Kansas City

FirstMerit Bank, N.A., Akron, Ohio -- report on competitive factors of the proposed 

mergers with First Federal Savings Bank of New Castle, New Castle, Pennsylvania; 

Summit Bank, N.A., Akron, Ohio; and Signal Bank, N.A., Wooster, Ohio

- Submitted, December 14, 1998 

Cleveland

NationsBank, National Association, Charlotte, North Caroline -- report on 

competitive factors of the proposed mergers with New Mexico Interim Bank, Santa 

Fe, New Mexico, and Bank of America Texas, Dallas, Texas.

- Submitted, December 16, 1998 

Richmond

The Security Bank, Sidney, Nebraska -- report on competitive factors of the 

proposed merger with Martell State Bank, Martell, Nebraska.

- Submitted, December 14, 1998 

Kansas City

(AC) = Addition or Correction Delegated - Page 9 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Competitive Factors Reports

Tri-County State Bank, El Dorado Springs, Missouri -- report on competitive factors 

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

County Bank, Lebanon, Missouri.

- Submitted, December 14, 1998 

Kansas City

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to March 17, 1999, to 

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

National Bank of Texas.

- Granted, December 16, 1998 

Dallas

Eagle Lake Bancshares, Inc., Eagle Lake, Texas -- extension to March 16, 1999, to 

acquire Finabel Corporation, Dover, Delaware, and First National Bank.

- Granted, December 16, 1998 

Dallas

Eggemeyer Advisory Corp., Rancho Santa Fe, California; Castle Creek Capital LLC; 

and Castle Creek Capital Partners Fund-I, L.P. -- extension to March 14, 1999, to 

acquire shares of Continental National Bancshares, Inc., El Paso, Texas, through 

National Bancshares, Inc., Lubbock, Texas.

- Approved, December 14, 1998 

San Francisco

Franklin Bancorp, Inc., Minneapolis, Minnesota -- extension to March 17, 1999, to 

engage de novo in making Small Business Administration loans.

- Approved, December 15, 1998 

Minneapolis

Sherburn Bancshares, Inc., Sherburn, Minnesota -- extension to April 2, 1999, to 

engage in making loans.

- Approved, December 18, 1998 

Minneapolis

(AC) = Addition or Correction Delegated - Page 10 of 11
H.2 Actions under delegated authority December 13, 1998 to December 19, 1998

Membership

Albemarle First Bank, Charlottesville, Virginia -- to become a member of the Federal 

Reserve System.

- Approved, December 16, 1998 

Richmond

Compass Bank, Tucson, Arizona -- to become a member of the Federal Reserve 

System.

- Approved, December 15, 1998 

Secretary

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, December 19, 1998

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 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Banco de la Ciudad de Buenos Aires, Buenos Aires, Argentina,

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

Newspaper – N/Avail

FBSEA Moscow Narodny Bank, London, England, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA National Bank of Egypt, Cairo, Egypt, to establish a branch in

New York, New York.

Newspaper – 01/03/1999

FBSEA Bank of Austria, Vienna, Austria, to establish a federal branch in

Greenwich, Connecticut, and representative offices in Atlanta,

Georgia and San Francisco, California.

Newspaper – 12/27/1998

FBSEA Caixa Geral de Depositos, Lisbon, Portugal, to establish a

branch in New York, New York.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1)/4(c)(8) Troy Financial Corporation, Troy, New York, to become a bank

holding company with respect to The Troy Savings Bank, Troy,

New York, and to engage in certain nonbanking activities.*

Newspaper – 01/09/1998

Fed Reg – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Skandinaviska Enskilda Banken, Stockholm, Sweden, to

retain ABB Investment Management Corp., Stamford,

Connecticut, and as a result, to provide investment advice.

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

Type Application

S/R Bank of Bermuda (New York) Limited, New York, New York

(“BBNY”), to cancel shares of the Federal Reserve Bank of New

York issued in the name of BBNY, in connection with BBNY’s

withdrawal from 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

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 19, 1998

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) CBCC, Inc., West Chester, PA, to form a bank holding

company through the acquisition of a de-novo bank

Community Bank of Chester County, Exton, PA,

Fed. Reg.: N/Avail

Newspaper: 01/04/1998

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 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

5(d)(3) Received application from Fifth Third Bank, Cincinnati, OH on

12/15/1998 to acquire through merger Enterprise Federal

Savings Bank, West Chester, OH and incident thereto establish

branches.*

N/Avail

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

Type Application

Ending date of

comment period

4(c)(8) Received application from Fifth Third Bancorp, Cincinnati, OH

on 12/15/1998 of its intent to acquire Enterprise Federal

Bancorp, Inc., West Chester, OH.*

Fed Reg – 01/15/1999

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

4(c)(8) Received notification from PNC Bank Corp., Pittsburgh, PA on

12/15/1998 of its intent to indirectly acquire PFPC, Inc., and

Professional Distributors Corp., from PNC Bank, Delaware.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, December 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Bank of Hampton Roads, Chesapeake, Virginia, to establish

a branch at 1316 North Great Neck Road, Virginia Beach,

Virginia.*

01/22/1999

18(c) Union Bank & Trust Company, Bowling Green, Virginia, to

merge with King George State Bank, King George, Virginia.*

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

3(a)(3) Union Bankshares Corporation, Bowling Green, Virginia, to

acquire 100% of the voting shares of The Bank of Williamsburg,

Williamsburg, Virginia, an organizing bank.*

Fed Reg – 01/11/1999

Newspaper – N/Avail

*Subject to the provisions of the Community Reinvestment Act.

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

365325 United Bank

2071 Chain Bridge Road

Vienna, Virginia 22182

08/17/1998 12/16/1998 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, December 19, 1998

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 5830 Red Bug Lake Road, Winter Springs, Florida, to

be known as the Tuscawilla Office.

12/26/1998*

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

located at 950 South Apollo Boulevard, Melbourne, Florida.

12/26/1998*

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

located at 5015 S. Florida Avenue, Lakeland, Florida.

12/19/1998*

18(c) Mobile County Bank, Grand Bay, Alabama, to acquire certain

assets and assume certain liabilities of the Overlook Branch of

Union Planters Bank, N.A., Memphis, Tennessee, located at

5147 Moffat Road, Mobile, Alabama.

01/14/1999*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

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

COM First Telebanc Corporation, Sanford, Florida, commitment

modification request.

4(c)(8) First Bank Shares of the South East, Inc., Alma, Georgia, to

engage in making, acquiring, brokering, or servicing loans or

other extensions of credit.

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 19, 1998

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) P&C Investments, Inc.*

Muscatine, Iowa

 Peoples National Corporation

 Columbus Junction, Iowa

 Community Bank

 Muscatine, Iowa

Fed Reg – 12/7/1998

Newspaper – 12/5/1998

3(a)(1) Avondale Financial Corp.*

Chicago, Illinois

 Coal City Corporation

 Chicago, Illinois

 Manufacturers National Corporation

 Chicago, Illinois

 Manufacturers Bank

 Chicago, Illinois

Fed Reg – 1/14/1999

Newspaper – N/Avail

CIC First Northwest Bancorp, Inc.

Arlington Heights, Illinois

 By Keith E. Beine, Robert J. May, Thomas S. Manfre &

 Paul L. Troyke

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(3) Standard Bancshares, Inc.*

Evergreen Park, Illinois

 Norton Capital Corporation

 Morris, Illinois

 Exchange Bank

 Gardner, Illinois

Fed Reg – N/Avail

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)
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 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, December 19, 1998

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 Notice involving MSB Shares, Inc., Monette, Arkansas, by

Terry Frierson, Jonesboro, Arkansas.

Newspaper – 12/14/1998

Fed Reg – 1/11/1999

3(a)(3) *Notice by Union Planters Corporation, Memphis, Tennessee, to

indirectly acquire First & Farmers Bancshares, Inc., Somerset,

Kentucky. A companion Section 3(a)(3) notice accompanies

this notice.

Newspaper – 1/3/1999

Fed Reg – 1/7/1999

3(a)(3) *Notice by Union Planters Holding Corporation, Memphis,

Tennessee, a wholly owned subsidiary of Union Planters

Corporation, Memphis, Tennessee, to acquire, through merger,

First & Farmers Bancshares, Inc, Somerset, Kentucky. A

companion Section 3(a)(3) notice accompanies this notice.

Newspaper – 1/3/1999

Fed Reg – 1/3/1999

4(c)(8) *Notice by Chambers Bancshares, Inc., Danville, Arkansas, to

acquire Community Investment, Inc., Fayetteville, Arkansas,

and thereby indirectly acquire its subsidiary thrift, Community

Bank, FSB, Fayetteville, Arkansas, pursuant to Section

225.28(b)(4)(ii) of Regulation Y.

Newspaper – 1/11/1999

Fed Reg – 1/11/1999

3(a)(5) *Notice by Old National Bancorp, Evansville, Indiana, to

acquire Delaney Bancorp, Inc., Marshall, Illinois.

Newspaper – 1/10/1999

Fed Reg – 1/11/1999

* 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

SMBOTH Notice by First Illinois Bank, East St. Louis, Illinois, to make a

dividend payment.

4(j)(5)(B) Notice by Mercantile Bancorporation Inc., St. Louis, Missouri,

to establish Mercantile Consumer Loan Company, Rock Island,

Illinois, and thereby indirectly engage in consumer lending

activities, pursuant to Section 225.28(b)(1) of Regulation Y, and

the sale, as agent, of credit related insurance on extensions of

credit made by Mercantile Consumer Loan Company, pursuant

to Section 225.28(b)(11)(i) of Regulation Y.

3(a)(5)(C) Notice by Community First Bancshares, Inc., Harrison,

Arkansas, to acquire Community First Bank, Harrison,

Arkansas.

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 19, 1998

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

630555 American Bank of Montana

Livingston, Montana

08/31/1998 12/16/1998 O X

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 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Community Bank & Trust Company, Neosho, Missouri, to

establish a branch at 414-424 East 32nd Street, Joplin, Missouri.

Newspaper – 01/14/1998

Branch Bank of Belen, Belen, New Mexico, to establish a branch at

6000 Montgomery Boulevard N.E., Albuquerque, New Mexico.

Newspaper – 12/20/1998

18(c) / Branch First American Bank & Trust Company, Purcell, Oklahoma, to

merge with First American Bank, Maysville, and incident

thereto, establish an additional branch.

Newspaper – N/Avail

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

Type Application

Ending date of

comment period

3(a)(3) Durant Bancorp, Inc., Durant, Oklahoma, to acquire 100 percent

of the voting shares of Security National Bancshares of Sapulpa,

Inc., Sapulpa, Oklahoma; and thereby indirectly acquire Security

National Bank of Sapulpa, Sapulpa, Oklahoma.

Newspaper – 01/11/1998

Fed Reg – N/Avail

3(a)(3) Central Bancshares of Kansas City, Inc., Kansas City, Missouri,

to acquire 100 percent of the voting shares of ASB Bancshares,

Inc., Harrisonville, Missouri; and thereby indirectly acquire

Winterset State Bank, Harrisonville, Missouri.

Newspaper – 01/17/1998

Fed Reg – 01/15/1998

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

352857 WestStar Bank

Vail, Colorado

08/24/1998 12/14/1998 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, December 19, 1998

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Texas Bank, Weatherford, TX, to establish a branch at 300 West

7

th Street, Fort Worth, TX 76102*

Newspaper – 12/24/1998

* 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)

3(a)(1)

CIC

3(a)(1)

WB&T Bancshares, Inc., Duncanville, TX, to acquire WB&T

Delaware Bancshares, Inc., Wilmington, DE, and Western Bank

and Trust, Duncanville, TX*

WB&T Delaware Bancshares, Inc., Wilmington, DE, to acquire

Western Bank and Trust, Duncanville, TX*

Dudley Althaus, Fredericksburg, TX, only notificant, to acquire

an interest in Pioneer Bancshares, Inc., Fredericksburg, TX

Metroplex North Bancshares, Inc. Employee Stock Ownership

Plan, Celeste, TX, to acquire Metroplex North Bancshares, Inc.,

Celeste, TX, and The First Bank of Celeste, Celeste, TX*

Fed Reg – N/Avail

Newspaper – 01/02/1999

Fed Reg – N/Avail

Newspaper – 01/02/1999

Fed Reg – 01/07/1999

Newspaper – N/Avail

Fed Reg – 01/18/1999

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, December 19, 1998

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)(5) United Security Bancorporation, Spokane, Washington, to

merge with Bancwest Financial Corporation, Walla Walla,

Washington. *

Newspaper – 01/09/1999

Fed Reg – 01/14/1999

3(a)(3) Eggemeyer Advisory Corp., Castle Creek Capital, L.L.C., and

Castle Creek Capital Partners Fund-I, L.P., all of Rancho Santa

Fe, California, to indirectly acquire UB&T Holding Company,

Abilene, Texas, through its 15.8 percent ownership of State

National Bancshares, Inc., Lubbock, Texas. *

Newspaper – 01/04/1999

Fed Reg – 01/04/1999

3(a)(3) Humboldt Bancorp, Eureka, California, to acquire Capitol

Valley Bank, Roseville, California. *

Newspaper – 01/08/1999

Fed Reg – 01/15/1999

3(a)(3) Hancock Park Acquisition, L.L.C., and Hancock Park

Acquisition, L.P., both of Washington, D.C. to acquire The

Bank of Hollywood, Hollywood, California. *

Newspaper- N/Avail

Fed Reg – 01/15/1999

* Subject to the provisions of the Community Reinvestment Act

Fed Reg - Federal Register Comment Period Ending Date

Newspaper - Newspaper Comment Period Ending Date

N/Avail - Not Available (Not yet available; Not available at this time)

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

100 percent of Century Business Credit Corporation, New York,

New York.

Waiver Commercial Bank of San Francisco, San Francisco, California,

requests a waiver of any Bank Holding Company Act

application requirement in connection with its proposed merger

with Lippo Bank, San Francisco, 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