Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 9

Week Ending March 3, 2001

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions February 25, 2001 to March 3, 2001

Testimony And Statements

Fiscal policy -- statement by Chairman Greenspan before the House Committee on the 

Budget on the outlook for the federal budget and implications for fiscal policy.

- Published, March 2, 2001 

Bank Holding Companies

The Charles Schwab Corporation, San Francisco, California, and U.S. Trust 

Corporation, New York, New York -- to acquire Resource Companies, Inc., 

Minneapolis, Minnesota, and its subsidiary bank, Resource Trust Company.

- Approved, February 26, 2001 

Great Southern Bancorp, Inc., Springfield, Missouri -- to acquire up to 20 percent of the 

voting shares of Guaranty Federal Bancshares, Inc.

- Approved, February 26, 2001 

Regulations And Policies

Regulation E -- final rule to implement amendments to the Electronic Fund Transfer Act 

requiring disclosure of fees imposed at automated teller machines [Docket No. R-1077].

- Approved, February 27, 2001 

(AC) = Addition or Correction Board - Page 1 of 1
February 25, 2001 to March 3, 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

Centura Bank, Rocky Mount, North Carolina -- to establish branches at 1424 North 

Howe Street, Southport, North Carolina, and 2040 Coliseum Drive, Unit 17, Hampton, 

Virginia.

- Approved, March 1, 2001 

Secretary

Colonial Bank, Montgomery, Alabama -- to establish a branch at 120 McFarland 

Boulevard West, Northpoint.

- Approved, March 1, 2001 

Atlanta

Fifth Third Bank, Kentucky, Inc., Louisville, Kentucky -- to establish a branch at 9900 

Ormsby Station Road.

- Approved, February 26, 2001 

St. Louis

First Premier Bank, Sioux Falls, South Dakota -- to establish a branch at 824 34th Street 

S.E., Watertown.

- Approved, February 28, 2001 

Minneapolis

Peoples Southern Bank, Clanton, Alabama -- to establish a branch at 9015 Jones Street, 

Thorsby.

- Approved, February 28, 2001 

Atlanta

Bank Holding Companies

AmericaUnited Bancorp, Inc., Schaumburg, Illinois -- to continue purchasing loan 

participations from its subsidiary bank, AmericaUnited Bank and Trust Company, USA, 

and thereby engage in extending credit and servicing loans.

- Approved, February 27, 2001 

Chicago

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority February 25, 2001 to March 3, 2001

Bank Holding Companies

Commonwealth Bancshares, Inc., Shelbyville, Kentucky -- to acquire SMC Capital, Inc., 

Louisville, and thereby engage in investment advisory activities.

- Approved, February 28, 2001 

St. Louis

F.N.B. Corporation, Hermitage, Pennsylvania -- to acquire Citizens Community 

Bancorp, Inc., Marcos Island, Florida.

- Approved, February 27, 2001 

Cleveland

First Financial Services of Moose Lake, Inc., Moose Lake, Minnesota -- to redeem 

shares.

- Approved, March 1, 2001 

Minneapolis

Foster Bankshares, Inc., Chicago, Illinois -- to become a bank holding company through 

the acquisition of The Foster Bank.

- Approved, March 1, 2001 

Chicago

Shelby Bancshares, Inc., Center, Texas -- to become a bank holding company through 

the acquisition of Shelby Savings Bank, SSB, Center, and Shelby Savings of Nevada, 

Inc., Carson City, Nevada, and for Shelby Savings of Nevada, Inc., to become a bank 

holding company through the acquisition of Shelby Savings Bank, SSB.

- Approved, February 27, 2001 

Dallas

Southern Community Financial Corporation, Winston-Salem, North Carolina -- to 

become a bank holding company through the acquisition of Southern Community Bank 

and Trust; and election to become a financial holding company.

- Approved, February 28, 2001 

Richmond

SouthwestUSA Corporation, Las Vegas, Nevada -- to acquire SouthwestUSA Bank, a 

de novo bank.

- Returned, March 1, 2001 

San Francisco

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority February 25, 2001 to March 3, 2001

Bank Holding Companies

Sterling Bancshares, Inc., Houston, Texas, and Sterling Bancorporation, Inc., 

Wilmington, Delaware -- to acquire CaminoReal Bancshares of Texas Inc., San Antonio, 

Texas; CaminoReal Delaware, Inc., Wilmington, Delaware; and CaminoReal Bank, 

N.A., San Antonio.

- Approved, February 27, 2001 

Dallas

Stewardship Financial Corporation, Midland Park, New Jersey -- transfer agent 

registration.

- Withdrawn, February 27, 2001 

Director, BS&R

Trustmark Corporation, Jackson, Mississippi -- to merge with Barret Bancorp, Inc., 

Barretville, Tennessee, and thereby acquire Peoples Bank, Barretville, and The 

Somerville Bank & Trust Company, Somerville.

- Approved, March 2, 2001 

Secretary

Bank Mergers

M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin -- to merge with M&I Bank of 

LaCrosse, LaCrosse; M&I Bank South Central, Watertown; M&I Bank South, 

Janesville; M&I Bank of Mayville, Mayville; M&I Community State Bank, Eau Claire; 

M&I Bank of Southern Wisconsin, Madison; and M&I Thunderbird Bank, Phoenix, 

Arizona, and thereby establish 74 branches.

- Approved, March 1, 2001 

Chicago

Banks, State Member

Arvest Bank, Rogers, Arkansas -- to convert Arvest Insurance, Inc., Lowell, from an 

operating subsidiary to a financial subsidiary and thereby engage in general insurance 

agency activities at any location.

- Approved, February 28, 2001 

St. Louis

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority February 25, 2001 to March 3, 2001

Banks, State Member

Pointe Bank, Boca Raton, Florida -- to purchase certain assets and assume certain 

liabilities of four branches of Republic Bank, St. Petersburg.

- Approved, March 1, 2001 

Atlanta

Change In Bank Control

First Iowa State Shares, Inc., Albia, Iowa -- change in bank control.

- Permitted, February 26, 2001 

Chicago

Security Bancshares, Inc., Dunseith, North Dakota -- change in bank control.

- Permitted, March 1, 2001 

Minneapolis

Security Bancshares, Inc., Paris, Tennessee -- change in bank control.

- Permitted, February 26, 2001 

St. Louis

Competitive Factors Reports

Bannister Bank and Trust, Kansas City, Missouri -- report on competitive factors of the 

proposed merger with Union Bank, Kansas City.

- Submitted, February 23, 2001 (AC)

Kansas City

Beacon Federal, East Syracuse, New York -- report on competitive factors of the 

proposed merger with Professional Teachers' Credit Union, McMinnville, Tennessee.

- Submitted, February 28, 2001 

New York

Cambridge Savings Bank, Cambridge, Ohio -- report on competitive factors of the 

proposed merger with Marietta Savings Bank, Marietta; Westwood Homestead Savings 

Bank, Cincinnati; First Federal Savings Bank of Washington Court House, Washington 

Court House; and First Federal Bank for Savings, Ashland, Kentucky.

- Submitted, March 2, 2001 

Cleveland

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority February 25, 2001 to March 3, 2001

Competitive Factors Reports

Citizens Bank and Trust Co., Chillicothe, Missouri -- report on competitive factors of the 

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

County, Missouri, offices of Sylvan State Bank, Sylvan Grove, Kansas.

- Submitted, February 23, 2001 (AC)

Kansas City

Classic Bank, Ashland, Kentucky -- report on competitive factors of the proposed 

merger with The First National Bank of Paintsville, Paintsville.

- Submitted, March 2, 2001 

Cleveland

First Mid-Illinois Bank & Trust, National Association, Mattoon, Illinois -- report on 

competitive factors of the proposed merger with American Bank of Illinois, Highland.

- Submitted, March 1, 2001 

Chicago

The First National Bank & Trust Company of Rochelle, Rochelle, Illinois -- report on 

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

branches of Amcore Bank, National Association, Rockford.

- Submitted, March 1, 2001 

Chicago

First National Bank, Arcadia, Louisiana -- report on competitive factors of the proposed 

acquisition of the Farmersville branch of First Guaranty Bank, Hammond.

- Submitted, February 27, 2001 

Dallas

Mizuho Trust & Banking Co. (USA), New York, New York -- report on competitive 

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

related to the U.S. custody business of The Industrial Bank of Japan Trust Company, 

New York.

- Submitted, March 1, 2001 

New York

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority February 25, 2001 to March 3, 2001

Competitive Factors Reports

Oswego County Savings Bank, Oswego, New York -- report on competitive factors of 

the proposed purchase of assets and assumption of liabilities of the branch of BSB Bank 

& Trust Company, Binghamton, at Route 104 East, Oswego.

- Submitted, February 28, 2001 

New York

Peoples Bank of the Ozarks, Nixa, Missouri -- report on competitive factors of the 

proposed merger with Peoples Bank of Fordland, Fordland.

- Submitted, February 28, 2001 

St. Louis

Platte Valley National Bank, Torrington, Wyoming -- report on competitive factors of the 

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

and Wheatland branches of Tri-County Bank.

- Submitted, February 23, 2001 (AC)

Kansas City

PNC Advisors, National Association, Boston, Massachusetts -- report on competitive 

factors of the proposed merger with PNC Bank, National Association, Pittsburgh, 

Pennsylvania.

- Submitted, March 2, 2001 

Cleveland

Wells Fargo Bank Wyoming, N.A., Casper, Wyoming -- report on competitive factors of 

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

Security Bank, National Association, Ogden, Utah.

- Submitted, February 23, 2001 (AC)

Kansas City

Currency

Federal Reserve Notes -- letter confirming request for printing of notes during the fiscal 

year ending September 30, 2002.

- Approved, February 27, 2001 

Director, RBOPS

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority February 25, 2001 to March 3, 2001

Extensions Of Time

Capital City Bank, Tallahassee, Florida -- extension to June 1, 2001, to purchase certain 

assets and assume certain liabilities of six branches of First Union National Bank, 

Charlotte, North Carolina.

- Granted, March 1, 2001 

Atlanta

Central Texas Bankshare Holdings, Inc., Columbus, Texas, and Colorado County 

Investment Holdings, Inc., Wilmington, Delaware -- extension to May 18, 2001, to 

acquire Hill Bancshare Holdings, Inc., Weimar, Texas, and Hill Bank & Trust Co.

- Granted, February 15, 2001 (AC)

Dallas

Financial Holding Companies

Century Bancshares, Inc., Eden Prairie, Minnesota -- election to become a financial 

holding company.

- Effective, March 2, 2001 

Minneapolis

The South Financial Group, Inc., Greenville, South Carolina -- election to become a 

financial holding company.

- Effective, February 26, 2001 

Richmond

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, March 3, 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

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 3, 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

* 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)(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.
Section IV – Applications not subject to Federal Register or newspaper notice

Type Application

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 3, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) IGA Federal Saving, Feasterville, PA, to merge with and into

First Penn Bank, Philadelphia, PA

3/14/2001

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

Type Application

Ending date of

comment period

4(c)(8) PSB Bancorp, Inc., Philadelphia, PA, to acquire Jade Financial

Corp., Feasterville, PA

Newspaper: 3/26/2001

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 3, 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

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 5

Federal Reserve Bank of Richmond

Applications and notifications filed during the week ending Saturday, March 3, 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) BB&T Corporation, Winston-Salem, North Carolina, to

acquire Virginia Capital Bancshares, Inc., Fredericksburg,

Virginia.*

Fed Reg - N/Avail

Newspaper - 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

Membership Farmers & Mechanics Bank, Frederick, Maryland, for

membership in the Federal Reserve System.
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

163923 *F&M Bank-Northern Virginia

 4117 Chain Bridge Road

 Fairfax, Virginia 22030-1087

10/30/2000 02/21/2001 S X

*Inadvertently omitted from bulletin for week ending February 24, 2001.

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 3, 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)(1) NBOG Bancorporation, Inc., Gainesville, Georgia, to become a

bank holding company by acquiring National Bank of

Gainesville, Gainesville, Georgia (in organization).

Fed Reg – 04/02/2001*

CIC Sequatchie Valley Bancshares, Inc., Dunlap, Tennessee, afterthe-fact notification filed by Ms. Eunice Barker, Mr. Flavius

Barker, Ms. Naomi Barker, Mr. Glenn Barker, Ms. Patsy Barker,

Mr. Greg Barker, Ms. Glenda Mabry, Mr. Carl D. Mabry, Mr.

Allen Barker, Ms. Ann Hale, Mr. Harmon L. Hale, Mr. John

Barker, Mr. Charles Barker, and Ms. Sara Hampton, to retain

50.21 percent of the outstanding shares of Sequatchie Valley

Bancshares, Inc., Dunlap, Tennessee

N/Avail*

*Subject to provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

COM Edison Bancshares, Inc., Fort Myers, Florida, commitment

waiver request.

3(a)(1) Giant Holdings, Inc., Fort Lauderdale, Florida, notice to become

a bank holding company by acquiring Landmark Bank, N.A.,

Fort Lauderdale, Florida.

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

889036 Commercial Bank of Florida

1550 SW 57 Avenue

Miami, Florida 33133

(305) 267-1200

11/13/2000 02/27/2001 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 3, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First American Bank, Carpentersville, Illinois, for prior approval

to establish a branch at the northwest corner of the intersection

of Randall Road and Silver Glen Road, South Elgin, Illinois.*

Newspaper – 03/15/2001

Branch First Banking Center, Burlington, Wisconsin, for prior approval

to establish a branch at 3825 39th Avenue, Kenosha,

Wisconsin.*

Newspaper – 02/28/2001

18c & Branch M&I Marshall & Ilsley Bank, Milwaukee, Wisconsin, for prior

approval to merge with M&I Bank of LaCrosse, LaCrosse,

Wisconsin, M&I Bank South Central, Watertown, Wisconsin,

M&I Bank South, Janesville, Wisconsin, M&I Bank of

Mayville, Mayville, Wisconsin, M&I Community State Bank,

Eau Claire, Wisocnsin, M&I Bank of Southern Wisconsin,

Madison, Wisconsin and M&I Thunderbird Bank, Phoenix,

Arizona and thereby to establish 74 branches.*

Newspaper – 02/24/2001

18c & Branch Rolling Hills Bank and Trust, Atlantic, Iowa, for prior approval

to merge with Rippey Savings Bank, Rippey, Iowa, and 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)(3) Admiral Family Banks, Inc., Alsip, Illinois, for prior approval to

acquire 81.4 percent of the voting shares of Federated Bancorp,

Inc., Onarga, Illinois and thereby indirectly acquire Federated

Bank, Onarga, Illinois.*

Fed Reg – 02/08/2001

Newspaper – 03/10/2001

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 – 03/09/2001

Newspaper – N/Avail
Section II – Applications subject to both newspaper and Federal Register notice

Type Application

Ending date of

comment period

4(c)(8) Ames National Corporation, Ames, Iowa, for permission to

retain its current 5.39% investment in Mahaska Investment

Company, Oskaloosa, Iowa, and thereby indirectly acquire

Midwest Federal Savings and Loan Association of Eastern Iowa,

Burlington, Iowa, and Central Valley Bank, Ottumwa, Iowa.*

Fed Reg – 02/05/2001

Newspaper – 03/15/2001

3(a)(1) BSB Community Bancorporation, Inc., Benton, Wisconsin, for

prior approval to become a bank holding company through the

acquisition of 100 percent of the voting shares of Benton State

Bank, Benton, Wisconsin.*

Fed Reg – 02/26/2001

Newspaper – 02/21/2001

CIC Notification by Frank D. Neese of a Change in Control, to

retain control of First Community Bancshares, Inc., Bargersville,

Indiana.

Fed Reg – 02/05/2001

Newspaper – 02/26/2001

CIC Notification by Harry Pike Schaller of a Change in Control, that

his ownership in FNC, Inc., Storm Lake, Iowa, increased from

20.8% to 39.8%.

Fed Reg – 03/02/2001

Newspaper – 03/05/2001

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

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

30.02 percent of the voting shares of Grant County State

Bancshares, Inc., Swayzee, Indiana and thereby indirectly

acquire Grant County State Bank, Swayzee, Indiana.*

Fed Reg – 03/19/2001

Newspaper – 03/19/2001

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 – 03/22/2001

Newspaper – 03/19/2001

3(a)(3) Ida Grove Bancshares, Inc., Ida Grove, Iowa, proposes to

acquire at least 80.1% and up to 100% of Alliance Bancshares,

Inc., Rockwell City, Iowa, and thereby indirectly acquire

Alliance Bank, Rockwell City, Iowa.*

Fed Reg – 03/12/2001

Newspaper – 03/09/2001

3(a)(3) United Bancorp, Inc., Tecumseh, Michigan, for prior approval to

acquire 100 percent of the voting shares of United Bank &

Trust-Washtenaw (in organization), Ann Arbor, Michigan.*

Fed Reg – 03/02/2001

Newspaper – 02/24/2001

* 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

4(c)(8) Bank One Corporation, Chicago, Illinois, notification of intent to

expand its investment in existing community development

activities currently conducted by its subsidiaries.

Fed Reg – 03/13/2001
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 – 03/20/2001

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 – 03/20/2001

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

Type Application

Regulation K Comerica Bank, Detroit, Michigan, for prior approval to

establish a branch office in Toronto, Canada.

4(c)(8) Northern Trust Corporation, Chicago, Illinois, for prior approval

to engage de novo in activities as a commodity pool operator

and commodity trading adviser.

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 3, 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

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 3, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) & Branch Dacotah Bank, Rolla, North Dakota, to merge with First

National Bank, Bowbells, North Dakota, and incident thereto

establish branches in Bowbells, Minot, and Flaxton, North

Dakota.

03/16/2001

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

4(c)(8)LLD Native American Bancorporation, Co., Denver, Colorado, to

engage in community development activities through Native

American Community Development Corporation, Denver,

Colorado.

03/15/2001

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 3, 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)(1) Shamrock Bancshares Employee Stock Ownership Plan,

Coalgate, Oklahoma, for prior approval to become a bank

holding company through the acquisition of an additional .74

percent, for a total of 25.08 percent of the voting shares of

Shamrock Bancshares, Inc., Coalgate, Oklahoma, and thereby

indirectly acquire First National Bank, Coalgate; First National

Bank, Mountain View; Bryan County National Bank, Caddo;

Clayton State Bank, Clayton, and First Bank of Apache, Apache,

all of Oklahoma.

Newspaper – 03/23/2001

Fed Reg – 04/02/2001

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 11

Federal Reserve Bank of Dallas

Applications and notifications filed during the week ending Saturday, March 3, 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) Texas Financial Bancorporation, Inc., Minneapolis, MN, and

Delaware Financial, Inc., Wilmington, DE, to acquire

First National Bank of Texas, Decatur, TX*

(previously reported the week ending February 17, 2001)

Fed Reg – 03/23/2001

Newspaper – 03/24/2001

*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) 1

st Choice Bancorp, Inc., Houston, TX, to acquire

1

st Choice Bancorp of Delaware, Inc., Wilmington, DE, and

1

st Choice Bank, Houston, TX*

3(a)(1) 1

st Choice Bancorp of Delaware, Inc., Wilmington, DE, to

acquire 1st Choice Bank, Houston, TX*

*Subject to the provisions of the Community Reinvestment 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 12

Federal Reserve Bank of San Francisco

Applications and notifications filed during the week ending Saturday, March 3, 2001

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch Nevada First Bank, Las Vegas, Nevada, to establish a branch

office at 777 N. Rainbow Boulevard, Las Vegas, Nevada.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

3(a)(5)(C) South Bay Bancorp, Torrance, California, to become a bank

holding company by acquiring South Bay Bank, N.A., Torrance,

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