Corporate Applications and Other Requests:
Vol. 15, 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.
||Letter discusses the applicability of 12 C.F.R. § 3.27 to land development and property construction loans. WORD 06/11/2002
||National bank may own a 1/3 non-controlling equity interest in a LLC that will own an airplane for bank's business use. WORD 07/24/2002
||National bank engaged in issuance of retail and business credit cards may expand services to add loss notification and credit monitoring services to its product offerings. Loss notification services would include notifying of lost or stolen cards and requesting card reissuance. Credit monitoring services include credit scores, credit reports, credit monitoring, access to credit advisory consultants, access to social security, medical and motor vehicle records. WORD 08/12/2002
||Operating subsidiary notification by Metropolitan national Bank, New York, New York, to acquire G&R Check Cashing Corp. (Control Number 2002 NE 08 014), WORD 08/27/2002
Approvals with conditions enforceable under 12 U.S.C. 1818
||Application of First National Bank in Munday, Munday, Texas, to purchase certain assets and assume certain liabilities of the Haskell, Texas branch of First National Bank, Haskell, Texas. (Control Number 2002 SW 02 0016), WORD 08/09/2002
||Significant change in operating plan for Community Bank of Orange, National Association, Middletown, New York. (Control Number 2000 NE 01 0030), WORD 08/15/2002
||Application to establish a new national bank with the title of "Premier Bank, National Association," San Diego, California. (Control Number 2002 WE 01 0003), WORD 08/22/2002
||Request to convert Bank of Lockesburg, Lockesburg, Arkansas to a national bank with the title of "First National Bank of Stuttgart." (Control Number 2002 SW 01 0004), WORD 08/30/2002
Charters with standard condition
Each of the following charter application(s) were approved with a standard condition enforceable under 12 U.S.C. 1818 that
requires the bank to provide notice and obtain OCC's non-objection in advance of any significant deviations or changes from its
business plan or operations.
||Request to convert Tri-County Bank to a national bank with the title of "Tri-County Bank, National Association," Cheyenne, Wyoming. (Control Number 2002 WE 01 0007), WORD 08/14/2002
||Application to charter Landmark National Bank, Solana Beach, California. (Control Number 2002 SW 01 0004), WORD 07/30/2002
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number
2002-71, 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 14 through September 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.