Corporate Applications and Other Requests:
Vol. 15, No. 8
IN THIS ISSUE:
PLEASE NOTE: Interpretive Letters and No-Objection Letters reflect the views of the
Comptroller's legal staff. Corporate Decisions, CRA Decisions and Conditional Approvals
are from the office of Bank Organization and Structure. The list of CRA Ratings is
from the Communications Division. For copies of the CRA evaluations, you may either
contact the bank directly, or you may write to the Office of the Comptroller of the
Currency (OCC) in any of three ways: by mail to the OCC, Attn: Public Information
Room, Mail Stop 1-5, Washington, D.C. 20219; by fax to (202) 874-4448; or by
e-mail to FOIA-PA@occ.treas.gov. You may also write to
the OCC for copies of enforcement actions and charters with standard conditions.
Members of the news media are encouraged to cite the letter number when
reporting or summarizing documents from this package. This helps us to
process single requests based upon your citation in a more timely manner.
||National bank had authority to acquire and hold the preferred stock of an unaffiliated company. Letter states that the bank had the authority to acquire and may continue to hold the preferred stock under its authority in 12 USC 24(7) to discount and negotiate evidences of debt. 06/11/2002
||Application by Peoples Bank, National Association, Marietta, Ohio to purchase certain assets and assume the deposit liabilities of the Malta, Ohio branch office of Century National Bank, Zanesville, Ohio. (Control Number 2002 CE 02 015), WORD 07/29/2002
||Application of MB Financial Bank, N.A., Chicago, Illinois to acquire several operating subsidiaries engaged in the business of equipment leasing. (Control Number 2002 CE 08 0024), 07/31/2002
Approvals with conditions enforceable under 12 U.S.C. 1818
||Application to establish a new national bank with the title of "Texas Community Bank, National Association," The Woodlands, Texas. (Control Number 2002 SW 01 0003), WORD 07/16/2002
||Application by The First National Bank of Luverne, Luverne, Minnesota for a reduction of permanent capital. (Control Number 2002 MW 12 073), WORD 07/22/2002
||Application by The First National Bank & Trust of Pipestone, Pipestone, Minnesota for a reduction of permanent capital. (Control Number 2002 MW 12 011), WORD 07/22/2002
||Commonwealth National Bank, Mobile, Alabama, application to elect the corporate governance provisions of Alabama law and complete a reverse stock split in accordance with those provisions. (Control Number 2002 SE 12 000057), 07/30/2002
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number
2002-65, announcing the availability of
enforcement actions. Copies of the final actions are available by writing to the OCC, Public
Reference Room, Mailstop 1-5, 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
July 14 through August 15, 2002.
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 70004, Chicago, IL 60673-0004. Prepayment is requested. Suggestions,
comments or questions may be sent to Jacqueline J. England, Communications Division,
Mailstop 3-2, Comptroller of the Currency, Washington, DC 20219.