Interpretations and Actions: July 1998
Vol. 11, No. 7
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. For copies of the evaluation, you should contact the bank directly or the Office of the Comptroller of the Currency, Attn: Public Reference Room, Mailstop 1-5, Washington, D.C. 20219.
Members of the news media are encouraged to cite the letter number when reporting or summarizing documents from this package. This helps to process single requests in a more timely manner.
|831||Letter permitting bank to lawfully acquire a minority, non-controlling interest in a limited purpose national bank. (06/08/98)|
|98-34||Application to charter a national trust bank in Oklahoma City, Oklahoma, with the title of "Heritage Trust Company, National Association;" (Control Number 98SW010003), (06/08/98).|
|98-35||Applications of Bank of America National Trust & Savings Association, San Francisco, California, and BankBoston, National Association, Boston, Massachusetts, to acquire through operating subsidiaries, indirect non-controlling minority interests in a de novo limited liability company; (Control Numbers 98ML080007 & 0008), (06/10/98).|
|98-36||Application by BankBoston, National Association, Boston, Massachusetts, to establish a branch in Wallingford, Connecticut; (Control Number 98ML050112), (06/19/98).|
|98-37||Application of National City Bank of Indiana, Indianapolis, Indiana, to acquire the Indiana branches of First of America, N.A., Kalamazoo, Michigan; (Control Number 98CE020013), (06/23/98).|
Approvals with Conditions Enforceable under 12 U.S.C. 1818
|278||Application to charter Rockdale National Bank, Conyers, Georgia; (Control Number 97SE010007), (10/14/97).|
|279||Final conditional charter approval letter for Rockdale National Bank, Conyers, Georgia; (Control Number 97SE010007), (06/18/98).|
|280||Application by First Union National Bank, Charlotte, North Carolina, to acquire The Money Store, Inc., and its direct and indirect operating subsidiaries; (Control Number 98WO080019), (06/19/98).|
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number 98-73, 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 June 15, 1998 through July 14, 1998.
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, Comptroller of the Currency, Washington, DC 20219.