Interpretations and Actions: June 1996
Vol. 9, No. 6
PLEASE NOTE: Interpretive Letters and No Objection Letters reflect the views of the Comptroller's legal staff. Corporate Decisions and Decisions (CRA) are from the office of Bank Organization and Structure. The list of CRA Ratings is from the Communications Division. Copies of documents not available electronically should be requested by e-mail or by postal mail from the Office of the Comptroller of the Currency, Attn: Communications, Washington, D.C. 20219.
Please cite the letter number when reporting or summarizing documents from this package. This helps to process single requests in a more timely manner.
||Applications from The Palmer National Bank, Washington, D.C., to relocate its main office to Bethesda, Maryland, and to establish a branch at the former main office location. (Control Numbers 96NE070014 & 96NE050042), (05/02/96).
||Applications from MidAmerica Bank, National Association, Moline, Illinois to relocate its head office to Davenport, Iowa, establish a branch at its former head office site, and to retain the Cairo, Illinois branch site. (Control Numbers 96CE070004 & 96CE050040), (05/06/96).
||Application to purchase the assets and assume the liabilities of the "International Falls branch" of Inter Savings Bank, fsb, Bloomington, Minnesota, by Northern National Bank, International Falls, Minnesota, under the charter and title of Northern National Bank. (Control Numbers 96MW020010), (05/16/96).
||Application to purchase the assets and assume the liabilities of the Greenfield, Iowa branch of Boatmen's Bank Iowa, National Association, Des Moines, Iowa, by First National Bank, Fontanelle, Iowa, under the charter and title of First National Bank, Fontanelle, Iowa. (Control Number 96MW020009), (05/16/96).
||Application of First Union National Bank, Elkton, Maryland, to relocate its main office to Avondale, Pennsylvania. (Control Number 96ML070011), (05/20/96).
||Application to merge Republic Bank California, National Association, Beverly Hills, California, with and into Republic National Bank of New York, New York, New York. (Control Number 96NE020017), (05/20/96).
||Applications to merge First Interstate Bank of Alaska, N.A., Anchorage, Alaska, First Interstate Bank of Idaho, N.A., Boise, Idaho, First Interstate Bank of Nevada, N.A., Las Vegas, Nevada, First Interstate Bank of New Mexico, Santa Fe, New Mexico, First Interstate Bank of Oregon, N.A., Portland, Oregon, and First Interstate Bank of Utah, N.A., Salt Lake City, Utah, with and into Wells Fargo Bank, N.A., San Francisco, California. (Control Numbers 96ML020015, & 96ML020018 through 0022), (06/01/96).
||Application to merge First Interstate Bank of Washington, N.A., Seattle, Washington, with and into Wells Fargo Bank, N.A., San Francisco, California. (Control Number 96ML020023), (06/06/96).
||Application to merge First Security Bank of Idaho, N.A., Boise, Idaho, with and into First Security Bank of Utah, N.A., Ogden, Utah, under the charter of the latter and with the title First Security Bank, National Association. (Control Number 96WE020010), (06/12/96).
||Applications of KeyBank, National Association, Angola, Indiana to change its location to Bryan, Ohio, establish a branch at the former head office site, and to merge with and into Society National Bank, Cleveland, Ohio, under the charter of Society and with the title of KeyBank, National Association. (Control Numbers 96CE070001, 96CE050027, & 96CE020008), (06/14/96).
Approvals with Conditions Enforceable under 12 U.S.C. 1818
||NationsBank, N.A., Charlotte North Carolina, notification to establish an operating subsidiary to engage in certain derivatives activities. (Control Number 96WO80005), (05/10/96).
||Application to merge Meridian Bank, Reading, Pennsylvania, with and into CoreStates Bank, National Association, Philadelphia, Pennsylvania, under the charter and title of the latter. (Control Number 96NE020014), (05/15/96).
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number 96-69, announcing the availability of enforcement actions. Copies of the final actions are available by writing to the Communications Division, OCC, Washington, D.C. 20219. When ordering, specify the appropriate Enforcement Action Number.
Community Reinvestment Act (CRA) Performance Evaluations
Enclosed is a list of CRA performance evaluations that became public during the period of May 15 through June 14.
INTERPRETATIONS AND ACTIONS is published monthly by the Office of the Comptroller of the Currency. Subscriptions are available at a rate of $175 per year by writing to the Comptroller of the Currency, P.O. Box 73150, Chicago, IL 60673-7150. Prepayment is requested.
Suggestions, comments or questions may be sent to Jacqueline J. England, Communications Division, Comptroller of the Currency, Washington, DC 20219.