Corporate Applications and Other Requests:
Vol. 13, No. 9
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 may take positions in equity securities solely to
hedge bank permissible equity derivative transactions originated by
customers for their independent business purposes, subject to
certain bank representations. WORD 09/08/2000
||Application by Far East National Bank, Los Angeles, California, to
establish a branch at 4095 Mowry Avenue, Fremont, California.
(Control Number 2000 WE 05 0051), WORD 08/29/2000
||Application by First Bethany Bank & Trust, N.A., Oklahoma City,
Oklahoma, to establish a messenger service branch to be housed at the
bank's main office. (Control Number 2000 SW 05 0048),
||Application by The National Bank of Middlebury, Middlebury,
Vermont, to relocate the "Bristol Branch" from 5 Main Street to
28 Main Street, Bristol, Vermont. (Control Number 2000 NE 07 0021),
||Application by Amboy National Bank, Old Bridge, New Jersey, to sell
title insurance, as agent, in a financial subsidiary in the state of
New Jersey. (Control Number 2000 NE 08 041),
||Application to merge BSB Bank & Trust Company, Binghamton, New
York, with and into NBT Bank, National Association, Norwich, New York,
under the charter of the later and with the title of "Nystar Bank, National Association."
(Control Number 2000 NE 02 0021), WORD 08/28/2000
||Application by Frontier National Bank, Sylacauga, Alabama, to establish
an operating subsidiary,, The Frontier Reinsurance Company, Inc., to reinsure
credit life, accident, disability, and health insurance in connection with
loans to customers made by the Bank and its affiliates. (Control Number 2000
SE 08 0042), WORD 08/29/2000
Approvals with conditions enforceable under 12 U.S.C. 1818
||Application by Wilber National Bank, Oneonta, New York, to establish an
operating subsidiary to provide internet access to bank customers in the
bank's service area. (Control Number 2000 NE 08 019),
||Application by Eaglemark Bank, National Association, Carson City,
Nevada, to reduce permanent capital. (Control Number 2000 WE 12 0082),
Charters with standard conditions
Each of the following charter application(s) were approved with a standard
condition enforceable under 12 U.S.C. 1818 that requires the bank, during
the first three years of its operation, to provide notice to the OCC in
advance of any significant deviations or changes from its proposed
||Cornerstone National Bank & Trust Company, Palatine, Illinois,
(Control Number 2000 CE 01 009), WORD 08/10/2000
||Nicolet National Bank, Green Bay, Wisconsin, (Control Number 2000 CE 01 007),
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number 2000-74,
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 August 15 through September 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 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.