Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 12

Week Ending March 24, 2001

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions March 18, 2001 to March 24, 2001

Discount Rates

Discount Rates -- decrease from 5 percent to 4-1/2 percent by the Reserve Banks of 

Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, 

Minneapolis, Kansas City, Dallas, and San Francisco.

- Approved, March 20, 2001 

Forms

Forms -- to conduct the Central Bank Survey of Foreign Exchange and Derivatives 

Market Activity (FR 3036).

- Approved, March 21, 2001 

Forms -- revision without extension of the Consolidated Financial Statements for Bank 

Holding Companies (FR Y-9C), Parent Company Only Financial Statements for Large 

Bank Holding Companies (FR Y-9LP), and Parent Company Only Financial Statements 

for Small Bank Holding Companies (FR Y-9SP); extension with revision of the Quarterly 

Financial Statements of Nonbank Subsidiaries of Bank Holding Companies (FR Y-11Q) 

and Annual Financial Statements of Nonbank Subsidiaries of Bank Holding Companies 

(FR Y-11I); extension without revision of the Notice by Financial Institutions of 

Government Securities Broker or Government Securities Dealer Activities (FR G-FIN) 

and Notice by Financial Institutions of Termination of Activities as a Government 

Securities Broker or Government Securities Dealer (FR G-FINW).

- Approved, March 22, 2001 

Regulations And Policies

Regulation G -- procedures for filing documents required by the CRA Sunshine 

Requirements of the Federal Deposit Insurance Act.

- Announced, March 22, 2001 

Regulations B, E, M, and DD -- interim amendments to permit financial institutions, 

creditors, lessors, and others to provide federally mandated disclosures to consumers 

electronically, and request for comment.

- Approved, March 19, 2001 

Reserve Bank Services

Pro Forma Financial Statements for Federal Reserve Priced Services -- to discontinue 

the quarterly publication of interim pro forma financial statements (Docket No. R-1098).

- Proposed, March 20, 2001 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions March 18, 2001 to March 24, 2001

Enforcement

USABancShares.com, Inc., Philadelphia, Pennsylvania -- written agreement dated March 

2, 2001, with the Federal Reserve Bank of Philadelphia.

- Announced, March 16, 2001 (AC)

(AC) = Addition or Correction Board - Page 2 of 2
March 18, 2001 to March 24, 2001

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulatio

Consumer and Community Affai

Federal Open Market Committ

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Managemen

H.2 Actions under delegated authority

Bank Branches, Domestic

The Chase Manhattan Bank, New York, New York -- to establish a corporate cashier 

de novo branch on the premises of Morgan Stanley Dean Witter at 745 Seventh Avenue, 

New York, and a de novo branch at 37-15 82nd Street, Jackson Heights.

- Approved, March 22, 2001 

New York

First Nation Bank, Covington, Georgia -- to establish a branch at the Wal-Mart Super 

Center on Willow Lane, McDonough.

- Approved, March 21, 2001 

Atlanta

Heritage Bank South Valley, Morgan Hill, California -- to establish a branch at 737 First 

Street, Gilroy.

- Approved, March 13, 2001 (AC)

San Francisco

Johnson Bank, Racine, Wisconsin -- to establish a branch at 701 North 8th Street, 

Sheboygan.

- Approved, March 21, 2001 

Chicago

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

at 955-969 Payne Avenue, North Tonawanda, and at 2 Business Park Court, Utica.

- Approved, March 23, 2001 

New York

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 523 Luckie Street.

- Approved, March 21, 2001 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 6
H.2 Actions under delegated authority March 18, 2001 to March 24, 2001

Bank Branches, Domestic

SunTrust Bank, Atlanta, Georgia -- to establish a branch at 12200 West Ox Road, 

Fairfax, Virginia; at 20942 Daniel Stewart Square, Woodbridge; and at 12251 

Darnestown Road, Gaithersburg, Maryland.

- Approved, March 23, 2001 

Atlanta

The Sylvan State Bank, Sylvan Grove, Kansas -- to establish a de novo branch at 917 

Northeast Woods Chapel Road, Lee's Summit, Missouri.

- Approved, March 21, 2001 

Kansas City

Bank Holding Companies

Bearden Bancshares, Inc., Bearden, Arkansas -- to become a bank holding company 

through the acquisition of Bank of Bearden.

- Approved, March 23, 2001 

St. Louis

Capital Bank Corporation, Raleigh, North Carolina -- to engage de novo in financial and 

investment advisory activities and to offer agency transactional services for customer 

investments through Capital Bank Investment Services, Inc., a de novo company.

- Approved, March 21, 2001 

Richmond

First Coastal Bancshares, Inc., El Segundo, California -- relief from a commitment in 

connection with the acquisition of First Coastal Bank, N.A.

- Returned, March 23, 2001 

San Francisco

Grant County State Bancshares, Inc. Employees Stock Ownership Plan, Swayzee, 

Indiana -- to acquire additional shares of Grant County State Bancshares, Inc. and 

thereby acquire Grant County State Bank.

- Approved, March 22, 2001 

Chicago

(AC) = Addition or Correction Delegated - Page 2 of 6
H.2 Actions under delegated authority March 18, 2001 to March 24, 2001

Bank Holding Companies

Hawarden Banshares, Inc., Hawarden, Iowa -- to acquire G-W Insurance Services, Inc. 

and thereby engage in general insurance activities in a town with a population of less than 

5,000.

- Approved, March 21, 2001 

Chicago

Hustisford Community Bancorp, Inc., Hustisford, Wisconsin -- to become a bank holding 

company through the acquisition of Hustisford State Bank.

- Withdrawn, March 21, 2001 

Chicago

PB Financial Services Corporation, Duluth, Georgia -- waiver of a commitment.

- Granted, March 22, 2001 

Atlanta

Zions Bancorporation, Salt Lake City, Utah -- waiver of application requirement in 

connection with the proposed merger of its subsidiary bank, California Bank & Trust, San 

Diego, California, with Eldorado Bank, Tustin, and Antelope Valley Bank, Lancaster, 

subsidiaries of Eldorado Bancshares, Inc., Laguna Hills.

- Granted, March 23, 2001 

Secretary

Banks, Nonmember, And Miscellaneous Institutions

The Sylvan State Bank, Sylvan Grove, Kansas -- to merge with Boonslick Bank, 

Boonville, Missouri, and to retain its branches.

- Approved, March 21, 2001 

Kansas City

Banks, State Member

Dacotah Bank, Rolla, North Dakota -- to merge with First National Bank, Bowbells, and 

to establish branches in Bowbells, Flaxton, and Minot.

- Approved, March 23, 2001 

Minneapolis

(AC) = Addition or Correction Delegated - Page 3 of 6
H.2 Actions under delegated authority March 18, 2001 to March 24, 2001

Competitive Factors Reports

Bank of Gloucester County, Woodbury, New Jersey -- report on competitive factors of 

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

and Gibbstown branches of Sovereign Bank, Wyomissing, Pennsylvania.

- Submitted, March 21, 2001 

Philadelphia

Coast National Bank, San Luis Obispo, California -- report on competitive factors of the 

proposed merger with Coast Interim National Bank, a de novo bank.

- Submitted, March 22, 2001 

San Francisco

Enterprise Bank of South Carolina, Ehrhardt, South Carolina -- report on competitive 

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

branches of CapitalBank, Greenwood.

- Submitted, March 22, 2001 

Richmond

First Liberty Bank & Trust, Jermyn, Pennsylvania. -- report on competitive factors of the 

proposed merger with Community Bank, National Association, Canton, New York.

- Submitted, March 19, 2001 

New York

First Security Bank, National Association, Ogden, Utah -- report on competitive factors 

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

Fargo Bank, National Association, San Francisco, California, and Wells Fargo Bank 

West National Association, Denver, Colorado.

- Submitted, March 19, 2001 

Secretary

Mercer County State Bank, Sandy Lake, Pennsylvania -- report on competitive factors 

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

Cambridge Springs branch of Mellon Bank, N.A., Pittsburgh.

- Submitted, March 22, 2001 

Cleveland

(AC) = Addition or Correction Delegated - Page 4 of 6
H.2 Actions under delegated authority March 18, 2001 to March 24, 2001

Competitive Factors Reports

Tri-County Bank, Trenton, Florida -- report on competitive factors of the proposed 

merger with Tri-County Merger Sub, Inc., Moultrie, Georgia.

- Submitted, March 19, 2001 

Atlanta

United Community Bank, Blairsville, Georgia -- report on competitive factors of the 

proposed merger with First Floyd Bank, Rome, and Bank of Adairsville, Adairsville.

- Submitted, March 19, 2001 

Atlanta

Extensions Of Time

Liberty Bancorp, South San Francisco, California -- extension to July 24, 2001, to 

become a bank holding company through the acquisition of Liberty Bank.

- Granted, March 22, 2001 

San Francisco

Financial Holding Companies

Commercial Bancshares of Ozark, Inc., Ozark, Alabama -- election to become a 

financial holding company.

- Withdrawn, March 19, 2001 

Atlanta

Drovers Bancshares Corporation, York, Pennsylvania -- election to become a financial 

holding company.

- Effective, March 23, 2001 

Philadelphia

Sterling Financial Corporation, Lancaster, Pennsylvania -- election to become a financial 

holding company.

- Effective, March 19, 2001 

Philadelphia

United Bancorporation of Alabama, Inc., Atmore, Alabama -- election to become a 

financial holding company.

- Effective, March 23, 2001 

Atlanta

(AC) = Addition or Correction Delegated - Page 5 of 6
H.2 Actions under delegated authority March 18, 2001 to March 24, 2001

Membership

Newnan Coweta Bank, Newnan, Georgia -- to become a member of the Federal 

Reserve System.

- Approved, March 23, 2001 

Atlanta

Regulations And Policies

Federal Open Market Committee -- minutes of the meeting on January 30, 2001.

- Published, March 22, 2001 

FOMC

Regulation E -- revisions to the Official Staff Commentary to provide guidance on 

electronic check conversion transactions.

- Published, March 13, 2001 (AC)

Director, CCA

Short-term Interest Rates -- decrease in the target for the federal funds rate from 5-1/2 

percent to 5 percent.

- Approved, March 20, 2001 

FOMC

(AC) = Addition or Correction Delegated - Page 6 of 6
District 1

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, March 24, 2001

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

Change in Control Boston Federal Savings Bank Employee Stock Ownership Plan,

Burlington, Massachusetts - notification to acquire up to 24.9%

of the voting shares of BostonFed Bancorp, Inc., Burlington,

Massachusetts.

Newspaper - 04/10/2001

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 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, March 17, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Bank of Communications, People’s Republic of China, to

establish a representative office in Los Angeles, California .*

Newspaper – N/Avail

Branch Abbey National Treasury Services plc, London, United

Kingdom, to establish a branch in Stamford, Connecticut.*

Newspaper – 03/24/2001

Branch Manufacturers and Traders Trust Company to establish a branch

office in the Mid-City Plaza at 955-969 Payne Avenue, City of

North Tonawanda, Niagara county, New York.

Newspaper – N/Avail

Branch Banca Intesa, S.p.A., Milan, Italy, to establish branches in New

York, New York, and Chicago, Illinois, and an agency in Los

Angeles, California.

Newspaper – N/Avail

Branch Manufacturers and Traders Company, Buffalo, New York, to

establish a branch office at 6560 Carlisle Pike, Suite 500, Silver

Spring, PA.

Newspaper – 04/02/2001

Branch Manufacturers and Traders Company, Buffalo, New York, to

establish a seasonal-use full-service branch at the Carlisle

Fairgrounds, 1000 Bryn Mawr Road, Building “T”, North

Middleton Township, PA.

Newspaper – 04/02/2001

Representative

Office

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

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

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1)/3(a)(5)/

4(c)(8)

Royal Bank of Canada, Montreal and Rock Merger Subsidiary,

Inc., Raleigh, North Carolina, to become bank holding

companies by acquiring Centura Banks, Inc. and Centrua Bank,

both of Rocky Mount, North Carolina.

Newspaper – N/Avail

Fed Reg – 04/12/2001
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(1) C.C. Bancorp, Inc., Little Valley, New York, to become a bank

holding company by acquiring 100 percent of the shares of

Cattaraugus County Bank, Little Valley, New York.

Newspaper – N/Avail

Fed Reg – N/Avail

3(a)(1)/3(a)(3) Citigroup Inc., New York, New York, Citigroup Holding

Company, Wilmington, Delaware, Citibank, N.A., New York,

New York, and Citicorp, New York, New York, to acquire

European American Bank, Uniondale, New York.*

Newspaper – N/Avail Fed

Reg – 04/02/2001

* 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

25 Citibank, N.A., New York, New York, and Citibank Overseas

Investment Corporation, New Castle, Delaware, to make an

investment pursuant to Section 25 of the Federal Reserve Act.

25 Citigroup Inc., New York, New York, and Travelers Group

International LLC, New York, New York, to make an

investment pursuant to Section 25 of the Federal Reserve Act.
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, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

3(a)(1)RN American Bank Incorporated, Allentown, PA, to form a

bank holding company by acquiring American Interim

Bank, Allentown, PA

N/Avail

18(c) American Interim Bank, Allentown, PA, to merge with and

into American Bank, Allentown, PA.

N/Avail

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

Type Application

Ending date of

comment period

3(a)(5) Fulton Financial Corporation, Lancaster, PA, to acquire Drovers

Bancshares Corporation, York, PA

Newspaper: 04/25/2001

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 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Received notice from Provident Bank, Cincinnati, OH on

03/22/2001 of its intent to establish a branch at 7366 52nd Place

East, Bradenton, FL.

03/22/2001

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.

The federal bank regulators use the following four 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, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Allfirst Bank, Baltimore, Maryland, to establish a branch at

2525 Pot Spring Road, Timonium, Maryland.*

Newspaper - 04/02/2001

Branch Southern Financial Bank, Warrenton, Virginia, to establish

a branch at 6354 Walker Lane, Alexandria, Virginia .*

Newspaper - 04/02/2001

*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) Carolina Financial Corporation, Charleston, South Carolina, to

acquire Crescent Bank, Myrtle Beach, South Carolina (an

organizing bank).*

Fed Reg - 04/13/2001

Newspaper - 04/13/2001

*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

3(a)(1) First Commerce Corporation, Charlotte, North Carolina, to

become a bank holding company through the acquisition of

100% of the voting shares of First Commerce Bank, Charlotte,

North Carolina.
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

2847432 Citizens Community Bank

800 North Mecklenburg Avenue

South Hill, Virginia 23970

01/08/2001 03/22/2001 S X

233527 The Page Valley Bank

17 West Main Street

Luray, Virginia 22835-1230

01/16/2001 03/23/2001 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, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at 3250 Village Walk Circle, Suite 100, Naples, Florida.

03/22/2001*

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

12200 W. Ox Road, Fairfax, Virginia, to be known as the

Fairfax Towne Center Safeway Office.

03/15/2001*

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

20942 Daniel Stewart Square, Woodbridge, Virginia, to be

known as the Opitz Safeway Office.

03/15/2001*

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

12251 Darnestown Road, Gaithersburg, Maryland, to be known

as the Quince Orchard Safeway Office.

03/15/2001*

*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

WAIVR Community First Banking Company, Carrollton, Georgia,

application waiver request for the proposed merger with First

Deposit Bancshares, Inc., Douglasville, Georgia, and indirect

acquisition of Douglas Federal Bank, FSB, Douglasville,

Georgia.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

2849212 Landmark Bank of Florida

Post Office Box 5737

Sarasota, Florida 34277-5737

(941) 954-5100

12/11/2000 03/22/2001 S X

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, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Community Savings Bank, Robins, Iowa, for prior approval to

establish a branch at 3414 Mt. Vernon Rd. SE, Cedar Rapids,

Iowa.*

Newspaper – 3/24/2001

Merger & Branch The Farmers Bank of Mt. Pulaski, Mt. Pulaski, Illinois, for prior

approval to acquire the Mt. Pulaski, Illinois branch office of

Citizens National Bank, Macomb, Illinois and thereby to

establish a branch.*

Newspaper – 4/16/2001

Branch Prairie Bank and Trust Company, Bridgeview, Illinois, for prior

approval to establish a branch at the southwest corner of 191st

and 88th Avenue, Mokena, Illinois.*

Newspaper – 3/28/2001

Merger & Branch Rolling Hills Bank and Trust, Atlantic, Iowa, for prior approval

to merge with Rippey Savings Bank, Rippey, Iowa and thereby

to establish a branch at 214 Main Street, Rippey, Iowa.*

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

3(a)(1) American National Bank of Beaver Dam Employee Stock

Ownership Trust, Beaver Dam, Wisconsin, for prior approval to

become a bank holding company through the acquisition of 30

percent of the voting shares of Ambanc Financial Services, Inc.,

Beaver Dam, Wisconsin and thereby indirectly acquire

American National Bank of Beaver Dam, Beaver Dam,

Wisconsin and Bank of Helenville, Helenville, Wisconsin.*

Fed Reg – N/Avail

Newspaper – N/Avail

3(a)(5) AmericaUnited Bancorp, Inc., Schaumburg, Illinois, for prior

approval to acquire 100 percent of the voting shares of National

Bancorp, Inc., Sycamore, Illinois and thereby indirectly acquire

American National Bank of DeKalb County, Sycamore,

Illinois.*

Fed Reg – 3/09/2001

Newspaper – 3/24/2001
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

3(a)(3) Grant County State Bancshares, Inc. Employees Stock

Ownership Plan, Swayzee, Indiana, for prior approval to acquire

an additional 1,620 shares (2.45%), for a total ownership of

19,813 shares (30.02%) of the voting shares of Grant County

State Bancshares, Inc., Swayzee, Indiana and thereby indirectly

acquire Grant County State Bank, Swayzee, Indiana.*

Fed Reg – 3/19/2001

Newspaper – 3/19/2001

3(a)(3) Heartland Bancorp, Inc., Bloomington, Illinois, for prior

approval to acquire 100 percent of the voting shares of Court

Acceptance Company, Pekin, Illinois and thereby indirectly

acquire First State Bank of Pekin, Pekin, Illinois.*

Fed Reg – 3/22/2001

Newspaper – 3/19/2001

4(c)(8) MB Financial, Inc., Chicago, Illinois, for prior approval to

acquire 100 percent of the voting shares of FSL Holdings, Inc.,

South Holland, Illinois and thereby indirectly acquire First

Savings & Loan Association of South Holland, South Holland,

Illinois.*

Fed Reg – 04/20/2001

Newspaper – N/Avail

4(c)(8) Manufacturers National Corporation, Chicago, Illinois, for prior

approval to acquire 100 percent of the voting shares of FSL

Holdings, Inc., South Holland, Illinois and thereby indirectly

acquire First Savings & Loan Association of South Holland,

South Holland, Illinois.*

Fed Reg – 04/20/2001

Newspaper – N/Avail

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

acquire 20.62 percent of the voting shares of SouthwestUSA

Corporation, Las Vegas, Nevada and thereby indirectly acquire

SouthwestUSA Bank (in organization), Las Vegas, Nevada.*

Fed Reg – 4/13/2001

Newspaper – 04/14/2001

CIC Notification by Todd R. Nicklaus and Greg P. Nicklaus, of a

Change in Control of River Valley Bancorporation, Inc., Merrill,

Wisconsin.

Fed Reg – N/Avail

Newspaper – 04/09/2001

CIC Notification by John Manning, Lynette Manning, George

Manning, Ona Manning, Ann Manning, David Manning , Janet

Manning, Albert Manning, Kim Manning, Matthew Manning,

Judith Manning and Elizabeth Manning Edwards, of a Change in

Control to retain ownership of Van Buren Bancorporation,

Keosauqua, Iowa.

Fed Reg – 04/09/2001

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) Citizens Banking Corporation, Flint, Michigan, notification of

intent to acquire, through NYCE Corporation, Woodcliff Lake,

New Jersey, voting interests of SecureAccess Company, LLC.

Fed Reg – 3/20/2001
Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

4(c)(8) Comerica Incorporated, Detroit, Michigan, notification of intent

to acquire, through NYCE Corporation, Woodcliff Lake, New

Jersey, voting interests of SecureAccess Company, LLC.

Fed Reg – 3/20/2001

4(c)(8) East Side Bancorporation, Inc., Chicago, Illinois, notification of

intent to purchase loan participations from its subsidiary bank,

BankChicago, Chicago, Illinois, and thereby to engage in

extending credit and servicing loans.

Fed Reg – 04/11/2001l

4(c)(8) Farmington Bancorp, Inc., Farmington, Illinois, notification of

intent to establish a wholly-owned subsidiary, to be known as

Farmington Devcorp and to thereby engage in community

development activities.

Fed Reg – N/Avail

4(c)(8) National Bancshares, Inc., Bettendorf, Iowa, for prior approval

to acquire 100 percent of the outstanding voting stock of

FirstCity Mortgage Corp., Bettendorf, Iowa, and to thereby

engage in making and servicing loans.

Fed Reg – 3/22/2001

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

Type Application

S/R Madison Holding Company, Winterset, Iowa, for prior approval

to redeem 124 shares of common stock.

Membership M&I Bank of Mayville (in organization), Mayville, Wisconsin,

for prior approval to become a member of the Federal Reserve

System.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

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, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Notice by Fifth Third Bank, Kentucky, Inc., Louisville,

Kentucky, to establish a branch at 1580 Leestown Road,

Lexington, Kentucky.

03/28/2001

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Glacier Bancorp, Inc., Kalispell, Montana, to acquire 100% of

the voting shares of Western Security Bank, Billings, Montana,

a de novo bank*

Fed. Reg. – 04/13/2001

Newspaper – 04/16/2001

* 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, March 24, 2001

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

Premises Gunnison Bank and Trust Company, Gunnison, Colorado for

prior approval to invest in bank premises.
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, March 24, 2001

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) Community Bank Holdings of Texas, Inc., Corsicana, TX, and

Corsicana Holding, Inc., Dover, DE, to acquire

Eagle Bancshares, Inc., Fairfield, TX,

Fairfield Holdings, Inc., Wilmington, DE,

First National Bank, Fairfield, TX, and

Texas Bank, SSB, Buffalo, TX*

(previously reported the week ending March 17, 2001)

Fed Reg – 04/13/2001

Newspaper – 04/16/2001

3(a)(3) Henderson Citizens Bancshares, Inc., Henderson, TX, and

Henderson Citizens Delaware Bancshares, Inc., Dover, DE,

to acquire

Rusk County Bancshares, Inc., Henderson, TX,

Rusk County Delaware Financial Corporation, Dover, DE, and

Peoples State Bank, Henderson, 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, March 24, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Western Security Bank, Scottsdale, Arizona, to establish a

branch office at 22841 North 19th Avenue, Phoenix, Arizona.*

Newspaper – 03/15/2001

Branch Barnes Banking Company, Kaysville, Utah, to establish a branch

office at approximately 431 South 300 East, Salt Lake City,

Utah.*

Newspaper – 03/19/2001

Branch County Bank, Merced, California, to establish a branch office at

130 Battery Street, San Francisco, California .*

Newspaper – 03/19/2001

* 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) TFC Holding Company to become a bank holding company by

acquiring InterBusiness Bank, N.A., both of Los Angeles,

California.*

Newspaper – 04/25/2001

Fed Reg – 04/23/2001

* 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

777366 Bank of the Orient

233 Sansome Street

San Francisco, CA 94104-2395

(415) 338-0668

11/06/2000 03/19/2001 S X

133869 Eldorado Bank

24012 Calle de la Plata

Laguna Hills, CA 92653-3608

(949) 830-7440

10/20/2000 03/23/2001 S X

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

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

for errors or omissions.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None