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This bulletin identifies final domestic
applications filed in the Twelfth Federal Reserve District during
the week ended April 25, 1997. The bulletin is published weekly as
a courtesy of the Federal Reserve and does not constitute notice of
these applications. The bulletin also contains a list (Section V)
of those state-member banks which have been examined for CRA (Community
Reinvestment Act) and whose public disclosure assessment is now available.
Members of the public may comment on an
application; however, comments must be received by the Federal
Reserve on or before the last day of the comment period. The comment
period ends no earlier than the date specified in the newspaper notice
and, in the case of change in control notices and bank holding company
applications for which a Federal Register notice is
published, may end later than that date. If you have any questions
concerning procedures that should be followed in commenting on an
application, you may contact Patricia Marshall at the Federal Reserve
Bank of San Francisco at 101 Market Street, San Francisco, California
94105, or by telephone at 415-974-2963.
If you cannot submit your comments by
the end of the period, you may request an extension of time by contacting
the Secretary of the Federal Reserve Board, Washington, D.C. 20551.
Your request for an extension of time must be made no later than the
last day of the comment period and should explain why you are unable
to submit your comments on time. You will find more information on
how to request additional time in the Code of Federal Regulations
("CFR") at 12 CFR Section 262.25(B), 49 Federal Register
5603 (February 14, 1984).
In addition to submitting written materials,
you may request that a public meeting or hearing, or both, be held
on an application. You should indicate the matters that you intend
to discuss at such a proceeding and explain why you could not provide
these comments in writing. The Federal Reserve may request that you
attend a private meeting or provide additional information prior to
making a determination on your request for a public meeting or hearing.
For further information on the Board's policy concerning the holding
of public meetings, please see the Board's Policy Statement for the
Handling of Protested Applications found at 12 CFR Section 262.25(C)
and (D). The procedure for requesting a hearing can be found at 12
CFR Section 262.3(e).
You may also wish to consult the Board's
Policy Statement for the Handling of Protested Applications, found
at 12 CFR Section 262.25.
First Security Bank of Nevada, Las Vegas,
Nevada, to merge with American Bank of Commerce, Las Vegas, Nevada.
*
Comment Period Ending Date
Newspaper: 5/22/97
Imperial Bancorp, Inglewood, California,
to acquire Imperial Bank of Arizona, Phoenix, Arizona.*
Comment Period Ending Date
Newspaper: Not available; Fed.
Reg.: 5/01/97
First Security Corporation, Salt Lake
City, Utah, to acquire by merger American Bancorp of Nevada, Las Vegas,
Nevada. *
Comment Period Ending Date
Newspaper: 5/22/97; Fed. Reg.:
Not available
None
Comment Period Ending Date
None.
The CRA public evaluations of the institution(s)
below became available during the week ending February 9, 1996. Information
about a particular institution's CRA evaluation may be obtained directly
from the institution.
None
Location
Examination Date
Rating**
The above listing has been prepared
as a courtesy by the Federal Reserve Bank of San Francisco, and is
not intended to replace formal notices required by statute or regulation;
the Reserve Bank assumes no responsibility for errors or omissions.
*Subject to CRA.
**Under the rating system an institution's
CRA performance is assigned one of the following four ratings:
- Outstanding record of meeting community
credit needs: An institution has an outstanding record of, and is
a leader in, ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and capabilities.
- Satisfactory record of meeting community
credit needs: An institution has a satisfactory record of ascertaining
and meeting the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
- Needs to improve record of meeting
community credit needs: An institution needs to improve its overall
record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
- Substantial noncompliance in meeting
community credit needs: An institution has a substantially deficient
record of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- to moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
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