Interpretations and Actions: February 2001
Vol. 14, No. 2
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 email 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.
|904||Letter confirms the legal permissibility of a finder proposal from a bank to help arrange for the purchase of nonfinancial products by its credit card customers. 01/18/2001|
|905||Bank may retain shares of stock in life insurance company that it received as a result of being policyholder of mutual company that converted to stock form. 01/29/2001|
|2001-02||Application to merge the Cameron Savings & Loan Association, Cameron, Missouri, into Bank Midwest, National Association, Kansas City, Missouri, under the charter and title of Bank Midwest, National Association. (Control Number 2000 MW 02 048), 12/19/2000|
|2001-03||Proposal by Grand Bank, National Association to relocate the main office from Monmouth Junction, New Jersey, to Bridgewater, New Jersey, and retain the former main office location as a branch. (Control Numbers 2000 NE 07 040 & 2000 NE 05 144), 1/29/2001|
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 operating plan.
|445||SouthBank, National Association, Atlanta, Georgia, (Control Number 2000 SE 01 0013), 1/02/2001|
|446||Eastside Commercial Bank, National Association, Bellevue, Washington, (Control Number 2000 WE 01 021), 1/09/2001|
|447||National Bank of Gainesville, Gainesville, Georgia, (Control Number 2000 SE 01 0014), 1/22/2001|
|448||American State Bank & Trust Company, National Association, Great Bend, Kansas, (Control Number 2000 MW 01 015), 1/31/2001|
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number 2001-16, 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 January 15, 2001 through February 14, 2001.
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.