Corporate Applications:
| January 2004 |
Vol. 17, No. 1
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IN THIS ISSUE:
Interpretive Letters
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Letter No. |
Topic |
| 978 |
Letter denies a request for a Suspicious Activity Report (SAR) for use in private litigation because the public policy against disclosure, as reflected in Congressional enactments, agency regulations and recent court decisions, is very strong.
WORD 12/04/2003 |
| 979 |
Letter interprets the common source of repayment test in 12 C.F.R. 32.5(c)(1) and finds that, on the specific facts presented, the test does not result in the combination of loans to members of the Indian Community with loans to other members or with a loan to the Community.
WORD 12/18/2003 |
| 980 |
Letter concludes that the installation of UPS drop boxes at nonbranch offices of a bank will not cause those offices to be considered branches under 12 USC 36 because they are owned by an independent third party and can be used by the general public for nonbanking transactions.
WORD 12/24/2003 |
CRA Decisions
| Letter No. | Topic |
|---|
| 119 |
Merger of Bank One Delta Trust Company, National Association (In Organization), Bank One Epsilon Trust Company, National Association (In Organization), and Bank One Zeta Trust Company, National Association (In Organization) into J.P. Morgan Trust Company, National Association, Los Angeles, California. (Control Number 2003 NE 02 033), WORD 10/24/2003 |
| 120 |
Application by Sun National Bank, Vineland, New Jersey, to purchase certain assets and acquire certain liabilities of eight New Jersey branches of New York Community Bank, Westbury, New York. (Control Number 2003 NE 02 0036), WORD 11/04/2003 |
| 121 |
Merger of United Trust Bank, Bridgewater, New Jersey into PNC Bank, National Association, Pittsburgh, Pennsylvania. (Control Numbers 2003 NE 02 040 & 2003 NE 05 152), WORD 12/03/2003 |
Corporate Decisions
| Letter No. |
Topic |
| 2004-1 |
Application to relocate the main office of First Consumers National Bank from 9300 S. W. Gemini Drive, Beaverton, Oregon to 4800 S. Meadows Road, Lake Oswego, Oregon. (Control Number 2003 WE 07 0032), WORD 11/21/2003 |
Approvals with conditions enforceable under 12 U.S.C. 1818
| Letter No. |
Topic |
| 615 |
Application to charter Commerce National Bank, Fullerton, California. (Control Number 2002 WE 01 0010), WORD 12/11/2003 |
| 616 |
Application by Mission National Bank, San Francisco, California to purchase certain assets and assume the liabilities of the Mission Street branch, san Francisco, California of Pan American Bank, FSB, Burlingame, California. (Control Number 2003 WE 02 0012), WORD 12/16/2003 |
| 617 |
Plan of F.N.B. Corporation to divide into two public companies in Pennsylvania and Florida: |
|
Affiliated merger of First National Trust Company, Hermitage, Pennsylvania into First National Bank of Pennsylvania, Hermitage, Pennsylvania. (Control Number 2003 SD 02 0002), WORD 12/22/2003 |
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Merger (215a-3) of First National Investment Services Company into First National Bank of Pennsylvania. (Control Number 2003 SW 12 0203), WORD 12/22/2003 |
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Trust bank charter for First National Trust Company, Hermitage, Pennsylvania. (Control Number 2003 SD 01 0001), WORD 12/22/2003 |
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Trust bank charter for First National Wealth Management Company, Naples, Florida. (Control Number 2003 SD 01 0002), WORD 12/22/2003 |
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Capital application for alteration of terms of trust preferred stock issuance of First National Bank of Pennsylvania. (Control Number 2002 SD 12 0008), WORD 12/22/2003 |
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Non-cash dividend request for First National Bank of Pennsylvania, Hermitage, Pennsylvania. (Control Number 2003 SD 12 0098), WORD 12/22/2003 |
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.
| Letter No. | Topic |
|---|
| 618 |
Application to charter First National Bank of Decatur County, Bainbridge, Georgia.
(Control Number 2003 SW 01 0004), WORD 11/06/2003 |
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number
2004-6
, 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 December 15, 2003 through January 14, 2004.
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 Licensing department. 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.
The Office of the Comptroller of the Currency publishes INTERPRETATIONS AND ACTIONS monthly. Subscriptions are available at a rate of $175 per year by writing to the Comptroller of the Currency, ATTN: Accounts Receivable, Mailstop 4-8, 250 E Street, S.W., Washington, DC 20219. Prepayment is requested. Suggestions, comments or questions may be sent to Jacqueline J. England, Communications Division, Comptroller of the Currency, Mail Stop 3-2, Washington, DC 20219.
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