Federal Reserve Release

H.2

Actions of the Board, Its Staff, 

and the Federal Reserve Banks; 

Applications and Reports Received

No. 13

Week Ending March 25, 2000

Board of Governors of the Federal Reserve System, Washington, DC 20551
H.2 Board Actions March 19, 2000 to March 25, 2000

Banks, Foreign

National Bank of Egypt, Cairo, Egypt -- to establish a branch in New York, New 

York.

- Approved, March 20, 2000 

Discount Rates

Discount Rates -- increase from 5-1/4 percent to 5-1/2 percent by the Federal 

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

Chicago, St. Louis, Minneapolis, Kansas City, and San Francisco.

- Approved, March 21, 2000 

Discount Rates -- increase from 5-1/4 percent to 5-1/2 percent by the Federal 

Reserve Bank of Dallas.

- Approved, March 23, 2000 

Financial Holding Companies

Financial Holding Companies -- elections by 27 bank holding companies and foreign 

banking organizations to become or be treated as financial holding companies. The 

list of these companies is available on the Board's public web site 

(www.federalreserve.gov) and in its Freedom of Information Office (20th Street and 

Constitution Avenue, NW, Room MP-500), along with an updated list of companies.

- Announced, March 23, 2000 

Forms

Consolidated Report of Condition and Income for Edge and Agreement 

Corporations (FR 2886b) -- extension without revision.

- Proposed, March 23, 2000 

Report of Repurchase Agreements on U.S. Government and Federal Agency 

Securities with Specified Holders (FR 2415) -- extension without revision.

- Proposed, March 23, 2000 

Senior Financial Officer Survey (FR 2023) -- extension without revision.

- Proposed, March 23, 2000 

Senior Loan Officer Opinion Survey on Bank Lending Practices (FR 2018) -- 

extension without revision.

- Proposed, March 23, 2000 

(AC) = Addition or Correction Board - Page 1 of 2
H.2 Board Actions March 19, 2000 to March 25, 2000

Regulations And Policies

Host state lending ratios under the Riegle-Neal Interstate Banking and Branching 

Efficiency Act -- interagency release of the host state loan-to-deposit ratios used by 

the banking agencies to determine compliance.

- Published, March 23, 2000 

Enforcement

Security Dollar Bank, Niles, Ohio -- written agreement dated March 17, 2000, with 

the Federal Reserve Bank of Cleveland.

- Announced, March 22, 2000 

(AC) = Addition or Correction Board - Page 2 of 2
March 19, 2000 to March 25, 2000

BS&R

C&CA

FOMC

RBOPS

IF

OSDM

Banking Supervision and Regulation

Consumer and Community Affairs

Federal Open Market Committee

Reserve Bank Operations and Payment

International Fiance

Office of Staff Director for Management

H.2 Actions under delegated authority

Bank Branches, Domestic

Bank of Nichols Hills, Oklahoma City, Oklahoma -- to establish a branch at 701 

North Broadway.

- Approved, March 22, 2000 

Kansas City

F & M Bank-Richmond, Richmond, Virginia -- to establish a branch at 14100 Hull 

Street Road, Chesterfield.

- Approved, March 23, 2000 

Richmond

FNB Southeast, Reidsville, North Carolina -- to establish a branch at 7210 

Wrightsville Avenue, Wilmington.

- Approved, March 23, 2000 

Richmond

Legacy Bank of Texas, Plano, Texas -- to establish a branch at 2015 West Beltline, 

Carrollton.

- Approved, March 17, 2000 (AC)

Dallas

Red River Bank, Alexandria, Louisiana -- to establish a branch at 2154 North Mall 

Drive.

- Approved, March 22, 2000 

Atlanta

SunTrust Bank, Atlanta, Georgia -- to establish a branch at the intersection of Pooler 

Parkway and Benton Drive, Pooler.

- Approved, March 21, 2000 

Atlanta

(AC) = Addition or Correction Delegated - Page 1 of 7
H.2 Actions under delegated authority March 19, 2000 to March 25, 2000

Bank Holding Companies

Border Bancshares, Inc., Greenbush, Minnesota -- to acquire shares of Border State 

Bank of International Falls, International Falls, a de novo bank.

- Approved, March 24, 2000 

Minneapolis

Capitol Bancorp, Ltd., Lansing, Michigan; Sun Community Bancorp Limited, 

Phoenix, Arizona; and Sunrise Capital Corporation, Albuquerque, New Mexico -- to 

acquire shares of Sunrise Bank of Albuquerque, a de novo bank.

- Approved, March 22, 2000 

Chicago

Crown Bankshares, Inc., Eden Prairie, Minnesota -- to become a bank holding 

company through the acquisition of Crown Bank, Edina, a de novo bank.

- Approved, March 24, 2000 

Minneapolis

First Charter Corporation, Concord, North Carolina -- to acquire Carolina First 

BancShares, Inc., Lincolnton.

- Approved, March 20, 2000 

Richmond

FNB Bancorp, Layton, Utah -- to become a bank holding company through the 

corporate reorganization of First National Bank of Layton.

- Withdrawn, March 21, 2000 

San Francisco

Fortress Bancshares, Inc., Westby, Wisconsin -- to acquire Fortress Bank of Cresco, 

Cresco, Iowa.

- Withdrawn, March 20, 2000 

Chicago

Harleysville National Corporation, Harleysville, Pennsylvania -- waiver of application 

in connection with the proposed acquisition of Citizens Bank and Trust Company, 

Palmerton, by merger with Citizens National Bank, Lansford.

- Approved, March 24, 2000 

Philadelphia

(AC) = Addition or Correction Delegated - Page 2 of 7
H.2 Actions under delegated authority March 19, 2000 to March 25, 2000

Bank Holding Companies

Heartland Bancshares, Inc., Lenox, Iowa -- to retain First Community National 

Bank, Corning.

- Approved, March 23, 2000 

Chicago

New Mexico First Financial, Inc., Las Cruces, New Mexico -- to become a bank 

holding company through the acquisition of Mesilla Valley Bank, a de novo bank.

- Approved, March 22, 2000 

Dallas

South Taylor County Bancshares, Inc., Tuscola, Texas -- to redeem shares.

- Approved, March 22, 2000 

Dallas

St. Landry Bancshares, Inc., Opelousas, Louisiana, and St. Landry Bank & Trust 

Company -- relief from a commitment.

- Approved, March 21, 2000 

Director, BS&R

Banks, Nonmember, And Miscellaneous Institutions

Arvest Bank, Fort Smith, Arkansas -- to purchase certain assets and assume certain 

liabilities of three Fort Smith branches and one Van Buren branch of Bank of 

Bentonville, Bentonville and for Arvest Bank to designate 3200 Rogers Avenue, Fort 

Smith, as its main office and operate the other three facilities as branches.

- Approved, March 23, 2000 

St. Louis

Central Bank and Trust Company, Little Rock, Arkansas -- to invest in the capital 

stock and participate in the credit card program of Security BankCard Center, Inc., 

Norman, Oklahoma.

- Approved, March 22, 2000 

St. Louis

(AC) = Addition or Correction Delegated - Page 3 of 7
H.2 Actions under delegated authority March 19, 2000 to March 25, 2000

Banks, State Member

Centura Banks, Inc., Rocky Mount, North Carolina -- to acquire NCS Mortgage 

Services, LLC, Norcross, Georgia, and National Consumer Services II, LLC and 

thereby engage in mortgage lending and servicing activities.

- Approved, March 24, 2000 

Secretary

Peoples State Bank of Mansfield, Mansfield, Illinois -- to merge with and into 

Weldon State Bank & Trust, Weldon, and thereby establish branches at the 

intersection of Maple and Oak Streets, Weldon, and 502 East Oak Street, Mahomet.

- Approved, March 22, 2000 

Chicago

Change In Bank Control

South Taylor County Bancshares, Inc., Tuscola, Texas -- change in bank control.

- Permitted, March 22, 2000 

Dallas

Union State Bank, Clay Center, Kansas -- change in bank control.

- Permitted, March 22, 2000 

Minneapolis

Competitive Factors Reports

Bank Hapoalim, Tel Aviv, Israel, New York Branch -- report on competitive factors 

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

the San Francisco, California, branch of Bank Hapoalim.

- Submitted, March 20, 2000 

New York

Bank of Amity, Amity, Arkansas, and The Scott County Bank, Waldron -- report on 

competitive factors of the proposed merger with Danville State Bank, Danville.

- Submitted, March 25, 2000 

St. Louis

Chapin State Bank, Chapin, Illinois -- report on competitive factors of the proposed 

merger with Jacksonville Savings Bank, Jacksonville.

- Submitted, March 22, 2000 

St. Louis

(AC) = Addition or Correction Delegated - Page 4 of 7
H.2 Actions under delegated authority March 19, 2000 to March 25, 2000

Competitive Factors Reports

Community Bank & Trust, SSB, Beaumont, Texas -- reports on competitive factors 

of the proposed merger with The First National Bank of San Augustine, San 

Augustine.

- Submitted, March 22, 2000 

Dallas

Community First National Bank, Salt Lake City, Utah -- report on competitive 

factors of the proposed purchase and assumption of the Heber City and Layton 

branches of Community First National Bank, Phoenix, Arizona.

- Submitted, March 20, 2000 

San Francisco

First Charter National Bank, Concord, North Carolina -- report on competitive 

factors of the proposed merger with Cabarrus Bank of North Carolina, Concord, and 

Community Bank & Trust Company, Rutherfordton.

- Submitted, March 21, 2000 

Richmond

First Western Bank and Trust Company, Rogers, Arkansas -- report on competitive 

factors of the proposed merger with Citizens Bank, Booneville.

- Submitted, March 24, 2000 

St. Louis

The Frost National Bank, San Antonio, Texas -- report on competitive factors of the 

proposed merger with United States National Bank, Galveston. 

- Submitted, March 24, 2000 

Dallas

Extensions Of Time

A.N.B. Holding Company, Ltd., Terrell, Texas -- extension to June 13, 2000, to 

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

National Bank of Texas.

- Granted, March 20, 2000 

Dallas

(AC) = Addition or Correction Delegated - Page 5 of 7
H.2 Actions under delegated authority March 19, 2000 to March 25, 2000

Extensions Of Time

BankNorth Group, Inc., Burlington, Vermont -- extension to April 24, 2000, to 

acquire BNG Interim Bank, N.A., Glen Falls, New York.

- Granted, March 24, 2000 

Boston

Cumberland Bancorp, Inc., Nashville, Tennessee -- extension to July 7, 2000, to 

acquire The Bank of Mason, Mason.

- Granted, March 22, 2000 

Atlanta

First Bancshares, Inc., Kansas City, Kansas -- extension to June 27, 2000, to acquire 

The Lawrence Bank, Lawrence, a de novo bank.

- Granted, March 15, 2000 (AC)

Kansas City

Greatbanc, Inc., Aurora, Illinois -- extension to June 30, 2000, to acquire ANB 

Financial Services, Inc. and thereby engage in mortgage and servicing loans.

- Granted, March 22, 2000 

Chicago

Gwinnett Commercial Group, Inc., Lawrenceville, Georgia -- extension to July 4, 

2000, to become a bank holding company through the acquisition of First Bank of 

Gwinnett, a de novo bank.

- Granted, March 23, 2000 

Atlanta

Lakeside Bancshares, Inc., Hughes, Arkansas -- extension to April 7, 2000, to 

redeem shares.

- Granted, March 21, 2000 

St. Louis

Republic Security Bank, West Palm Beach, Florida -- extension to March 22, 2001, 

to establish a branch at 1 N. Federal Highway, Boca Raton.

- Granted, March 23, 2000 

Atlanta

(AC) = Addition or Correction Delegated - Page 6 of 7
H.2 Actions under delegated authority March 19, 2000 to March 25, 2000

Membership

United Community Bank, Franklin, Virginia -- to become a member of the Federal 

Reserve System.

- Approved, March 23, 2000 

Richmond

Weldon State Bank & Trust, Weldon, Illinois -- to become a member of the Federal 

Reserve System.

- Approved, March 22, 2000 

Chicago

Regulations And Policies

Regulation Y -- extension to March 31, 2000, to receive comments from several 

commenters on the proposed amendment to anti-tying provisions to add an exception 

for private-label credit card operations of banks affiliated with retailers.

- Granted, March 22, 2000 

Secretary

Regulation Z -- revisions to the official staff commentary (Docket R-1050) to 

address short-term cash advances, and technical corrections to the commentary and 

regulation.

- Announced, March 24, 2000 

Director, C&CA

Short-term Interest Rates -- increase in the target for the federal funds rate from 5-

3/4 percent to 6 percent.

- Approved, March 21, 2000 

FOMC

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

Federal Reserve Bank of Boston

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) FleetBoston, Boston, Massachusetts – proposal to acquire

250,000 shares of 7.5% Series B Non-Cumulative Convertible

Preferred Stock and Common Stock Purchase Rights to acquire

7.500,000 shares of the Common Stock of North Fork

Bancorporation, Melville, New York

Newspaper – 04/23/2000

Fed Reg – N/Avail

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 2

Federal Reserve Bank of New York

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

FBSEA Credit Commercial de France, Paris, France, to establish a

representative office in New York, New York.

Newspaper – N/Avail

FBSEA Banco Comercial Portugues, S.A., Porto, Portugal, to establish a

representative office in Miami, Florida.

Newspaper – N/Avail

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

establish a federally licensed uninsured branch in Greenwich,

Connecticut.

Newspaper – N/Avail

FBSEA UBS, AG, Zurich, Switzerland, to establish a representative

office in Beverly Hills, California.

Newspaper – N/Avail

FBSEA Banco Itau S.A., Sao Paulo, Brazil, to establish a representative

office in Miami, Florida.

Newspaper – N/Avail

FBSEA Deutsche Hypothekenbank Frankfurt-Hamburg AG, Frankfurt,

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

York.

Newspaper – N/Avail

FBSEA The Chuo Trust & Banking Co., Ltd., Tokyo, Japan, to establish

a representative office 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

4(c)(8) North Fork Bancorporation, Inc., Melville, New York, to

acquire at least 50.1 percent of the voting shares of Dime

Bancorp, Inc., New York, New York (“Dime”), an existing

thrift holding company, and thereby indirectly acquire Dime’s

bank subsidiary, The Dime Savings Bank of New York, FSB,

New York, New York.*

Newspaper – 04/17/2000

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) Banco Bilbao Vizcaya, S.A., Bilbao, Spain, to acquire, through

BBV Securities Inc., New York, New York, Argentaria

International Securities Inc., New York, New York, and thereby

engage in securities brokerage services, riskless principal

transactions, and private placement services.

Fed Reg – N/Avail

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

Type Application

None

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 3

Federal Reserve Bank of Philadelphia

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 4

Federal Reserve Bank of Cleveland

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

Regulation K Received application from Mellon Bank, N.A., Pittsburgh, PA

on 03/21/2000 of its intent to reorganize Mellon Bank (Canada)

and to establish a new Mellon Bank branch in Toronto, Canada.
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 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Sentinel Bank, Richlands, Virginia, to establish a branch

 at Routes19 and 460, 1 mile east of Claypool Hill in Tazewell

County, Virginia.*

Newspaper – 04/10/2000

18(c) Hanover Bank (in organization), Mechanicsville, Virginia,

to acquire the assets and assume the deposit liabilities of

the Mechanicsville, Virginia, branch of Southside Bank,

Tappahannock, Virginia.*

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) Eastern Virginia Bankshares, Inc., Tappahannock, Virginia,

to acquire Hanover Bank (in organization), Mechanicsville,

Virginia.*

Fed Reg – 04/20/2000

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

Member Hanover Bank (in organization), Mechanicsville, Virginia, 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

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 6

Federal Reserve Bank of Atlanta

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

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

located at the intersection of Amelia Road and Highway A1A,

Amelia Island, Florida, to be known as the Shops of Amelia

Branch.

04/07/2000*

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

located at the intersection of SW 27th Avenue and SW 19th

Street, Ocala, Florida, to be known as the Ocala Branch.

04/07/2000*

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

10000 Baltimore National Pike, Ellicott City, Maryland, to be

known as the Enchanted Forest Safeway Branch.

04/01/2000*

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

4370 Montgomery Road, Ellicott City, Maryland, to be known

as the Long Gate Center Safeway Branch.

04/01/2000*

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

located at 3076 McFarland Boulevard, Northport, Alabama.

04/07/2000*

*Subject to provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Regent Bancorp, Inc., Davie, Florida, to become a bank holding

company by acquiring Regent Bank, Davie, Florida.

N/Avail*

3(a)(5) United Community Banks, Inc., Blairsville, Georgia, to merge

with North Point Bancshares, Inc., Dawsonville, Georgia, and

thereby acquire Dawson County Bank, Dawsonville, Georgia.

Fed Reg – 04/17/2000*

3(a)(5) United Community Banks, Inc., Blairsville, Georgia, to merge

with Independent Bancshares, Inc., Powder Springs, Georgia,

and thereby acquire Independent Bank & Trust Company,

Powder Springs, Georgia.

Fed Reg – 04/17/2000*

*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

4(c)(8) Synovus Financial Corporation, Columbus, Georgia, prior notice

to acquire ProCard, Inc., Golden, Colorado, and thereby engage

in data processing activities.

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

648130 Coconut Grove Bank

Post Office Box 330227

Miami, Florida 33133

12/13/1999 03/23/2000 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 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

18(c) &

 Branch

Harris Trust/Bank of Montreal, West Palm Beach, Florida, for

prior approval to merge with Village Banc of Naples, Naples,

Florida and thereby to establish branches.*

Newspaper – N/Avail

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

CIC Notification by the Garst Family (Stephen, Elizabeth, Edward,

Sarah, Rachel, Katherine, and Jennifer) – as a family acting in

concert – proposal to acquire an additional 33 percent of

Audubon Investment Company, and thereby own 100 percent.

In addition, individually Elizabeth Garst will hold power to vote

40 percent of the Audubon Investment Company.

Fed Reg – 03/31/2000

Newspaper – 04/07/2000

CIC Notification by Ruth Womack, as trustee for the L.T. Womack

Family Trust and the L.T. Womack Marital Trust, of a change in

control to retain 40 percent of Corn Belt Bancorporation,

Lincoln, Nebraska.

Fed Reg – 04/06/2000

Newspaper – N/Avail

3(a)(1) BGC Bancorp, Inc., Gibson City, Illinois, for prior approval to

become a bank holding company through the acquistion of 100

percent of the voting shares of Bank of Gibson City, Gibson

City, Illinois.*

Fed Reg – 04/03/2000

Newspaper – 04/10/2000

CIC Notification by Theresa Marie Ward, of a change in control of

Mid Illinois Bancorp, Inc., Peoria, Illinois.

Fed Reg – 04/10/2000

Newspaper – 04/10/2000

3(a)(1) Benchmark Bancorp, Inc. Aurora, Illinois, for prior approval to

become a bank holding company through the acquisition of 100

percent of the voting shares of Financial Institutions, Inc., Port

Washington, Wisconsin, and thereby indirectly acquire Valley

Bank, Verona, Illinois.*

Fed Reg – N/Avail

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

Type Application

Ending date of

comment period

3(a)(1) Oswego Community Bank Employee Stock Ownership Plan,

Oswego, Illinois, for prior approval to become a bank holding

company through the acquisition of up to 30 percent of the

voting shares of Oswego Bancshares, Inc., Oswego, Illinois, and

thereby indirectly acquire Oswego Community Bank, Owsego,

Illinois.*

Fed Reg – 03/31/2000

Newspaper – 04/26/2000

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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.
Section V – Availability of CRA public evaluations

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

2315061 Foxdale Bank

40 S. McClean Blvd.

South Elgin, Illinois 60177

(847) 742-8080

10/04/1999 03/20/2000 NI X

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 8

Federal Reserve Bank of St. Louis

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(5) Notice by BancPlus Corporation, Belzoni, Mississippi, to

acquire First Holmes Corporation, Lexington, Mississippi.

(Previously reported during the week ending March 11, 2000)*

Newspaper – 4/10/2000

Fed Reg – 4/14/2000

CIC Notice involving Allendale Bancorp, Inc., Allendale, Illinois, by

Robert J. Coleman, Mt. Carmel, Illinois, Shane E. Gray, St.

Francisville, Illinois, and Byron K. Loeffler, Allendale, Illinois,

as trustees of an unnamed voting trust.

Newspaper – 4/11/2000

Fed Reg – N/Avail.

3(a)(3) Notice by Midland States Bancorp, Inc., Effingham, Illinois, to

acquire CSB Financial Group, Inc., Centralia, Illinois.*

Newspaper – 4/24/2000

Fed Reg – 4/24/2000

CIC Notice involving Allegiant Bancorp, Inc., St. Louis, Missouri,

by Leon A. Felman, Clayton, Missouri.

Newspaper – N/Avail.

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

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

Type Application

4(j)(5)(A) Notice by Central Bancompany, Inc., Jefferson City, Missouri,

that it began engaging in mortgage lending and related activities

through a wholly owned subsidiary, Central Mortgage

Company, Jefferson City, Missouri.

Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

None

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None
District 9

Federal Reserve Bank of Minneapolis

Applications and notifications filed during the week ending Saturday, March 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

CIC Gunter Family Limited Partnership to acquire control of 33.33%

of the voting shares of Norkitt Bancorp, Inc., Hallock,

Minnesota.

Fed Reg – 04/10/2000

3(a)(5) Hopkins Financial Corporation, Mitchell, South Dakota, for

prior approval to acquire 100% of the voting shares of the First

Freeman Corporation, Freeman, South Dakota.

Fed Reg – 04/21/2000

3(a)(1) CorTrust Bank, N.A., Mitchell, South Dakota, for prior approval

to become a bank holding company through the acquisition of

100% of the voting shares of the First Freeman Corporation,

Freeman, South Dakota.

Fed Reg – 04/21/2000

CIC John and Nancy Brown, Mark and Marlys Brown, Steven and

Cheryl Steinborn and Security State Bank of North Dakota

Employee Stock Ownership Plan, together as a group acting in

concert, to acquire control of Security State Bank Holding

Company, New Rockford, North Dakota.

N/Avail.

3(a)(5) Leackco Bank Holding Company, Inc., Wolsey, South Dakota,

for prior approval to merge with C & L Investment Company,

Inc., Miller, South Dakota.

Newspaper – 04/24/2000

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

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

Type Application

SRNEW Cherokee Bancshares, Inc., St. Paul, Minnesota, to redeem

21.8% of its voting shares.

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 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

3(a)(3) Coloeast Bankshares, Inc., Lamar, Colorado, to acquire 100

percent of the voting shares of Citizens Holding Corporation,

Keenesburg, Colorado; and thereby indirectly acquire Citizens

State Bank, Keenesburg, Colorado.

Newspaper - N/Avail

Fed Reg - 04/21/2000

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

None
Section V – Availability of CRA public evaluations

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

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

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

was revised in May 1995.

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

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

for deposit facilities.

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

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

O = Outstanding

S = Satisfactory

NI = Needs to improve

SN = Substantial noncompliance

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

RSSD Exam type

number Institution/Location

Examination

date

CRA

public date

CRA

rating LrgBk SmBk

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 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

None

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

Type Application

Ending date of

comment period

None

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

3(a)(1) Corpus Christi Bancshares, Inc., Corpus Christi, TX, to acquire

The First State Bank, Bishop, TX*

Fed Reg – 04/21/2000

Newspaper – 04/14/2000

CIC Kelsoe Management Partnership, Ltd., Dallas, TX, only

notificant, to acquire an interest in

WB&T Bancshares, Inc., Duncanville, TX, and

Western Bank & Trust, Duncanville, TX

(previously reported the week ending March 18, 2000)

Fed Reg – 04/06/2000

Newspaper – 04/04/2000

*Subject to the provisions of the Community Reinvestment Act

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 25, 2000

Section I – Applications subject to newspaper notice only

Type Application

Ending date of

comment period

Branch First Security Bank of Nevada, Las Vegas, Nevada, to establish

a branch office at the southwest corner of Russell Road and

Arville Street, Las Vegas, Nevada. *

Newspaper - 03/23/2000

* Subject to the provisions of the Community Reinvestment Act

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

Type Application

Ending date of

comment period

3(a)(1) Earthbank Corporation, San Mateo, California, to merge with

Monument Bancshares, Inc., Poland, Ohio, and thereby acquire

its subsidiary, Monument National Bank, Ridgecrest,

California.*

Newspaper - 04/18/2000

Fed Reg - 04/14/2000

* Subject to the provisions of the Community Reinvestment Act

Section III – Applications subject to Federal Register notice only

Type Application

Ending date of

comment period

None

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

Type Application

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

478766 Liberty Bank

500 Linden Avenue

South San Francisco, CA 94080

(650) 871-2400

11/29/1999 03/24/2000 S X

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

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

for errors or omissions.

Section VI – CRA examinations scheduled for Quarter of

Institution Location

None