Corporate Applications:

Vol. 9, No. 12

IN THIS ISSUE:

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. Copies of documents not available electronically should be requested by E-mail or by postal mail from the Office of the Comptroller of the Currency, Attn: Communications, Washington, D.C. 20219.

Please cite the letter number when reporting or summarizing documents from this package. This helps to process single requests in a more timely manner.

Beginning with this month, the document number link will take you to a viewable version in Adobe's Portable Document Format (PDF). The Acrobat viewer is available for download free from the Adobe site in versions for different platforms. When HTML versions are available they will be indicated by those letters after the document description, next to the WordPerfect (WP) link.

NOTICE: Conditional Approval 220 was included in the November issue as Corporate Decision 96-64 and Conditional Approval 220. Only the Conditional Approval citation is correct, and is repeated here for reference. Corporate Decision 96-64 is as listed below.

Corporate Decisions

Letter No.	Topic
96-64	Application by The Stone Fort National Bank of Nacogdoches, Nacogdoches, Texas, to acquire Security National Bank, Nacogdoches, Texas; (Control Number 96SW020045), (11/07/96).
96-65	Application of Austin Bank, National Association, Jacksonville, Texas, to purchase the assets and assume the liabilities of the Athens, Bullard, Mabank, Tyler, and Malakoff, Texas branches of Bank of America Texas, National Association, Irving, Texas; (Control Number 96SW020056), (11/27/96).
96-66	Notice of Commerce Bank, National Association to establish an operating subsidiary; (Control Number 96MW080053), (11/27/96).
96-67	Applications to merge affiliate banks in Alaska, Washington, Arizona, Nevada, and New Mexico with and into Bank of America National Trust and Savings Association, San Francisco, California and request to reduce capital at Bank of America New Mexico, National Association; (Control Numbers 96ML020039 thru 43 & 96ML120307), (11/27/96).
96-68	Notification by Magna Bank, National Association, Brentwood, Missouri, of its intent to establish two subsidiaries; (Control Numbers 96CE080020 & 96CE080026), (12/09/96).
96-69	NotificationBanc One Corporation, establishment of operating subsidiaries in ten national banks to engage in certain general insurance agency activities and the sale of fixed and variable rate annuities; (Control Numbers 96ML080033, & 96ML080053 thru 0061), (11/22/96).

Approvals with conditions enforceable under 12 U.S.C. 1818

Letter No.	Topic
220	Notices of Wells Fargo Bank, N.A., Michigan National Bank, First National Bank of Chicago, and Texas Commerce Bank of intent to establish an operating subsidiary pursuant to 12 C.F.R. 5.34 to become a member of limited liability companies operating a stored value system. (Control Numbers 96WO080012, -0013, -0025, and -0026), 12/02/96
221	Bank of America National Trust and Savings Association; NationsBank, National Association; KeyBank National Association; Bank One, Columbus, National Association; Mellon Bank, N.A.; Barnett Bank, National Association; First Bank National Association; PNC Bank, National Association; Michigan National Bank; The First National Bank of Chicago; Comerica Bank - Ann Arbor, National Association; and Fleet National Bank notice of intent to establish operating subsidiaries pursuant to 12 C.F.R. 5.34 to become a member of a limited liability company to provide data processing for home banking and other electronic financial services; (Control Numbers 96WO080011, and -0014 thru -0024), 12/04/96
222	Notices by NationsBank, N.A. to expand the activities of an existing operating subsidiary, NationsBanc Investments, Inc.; (Control Number 96ML08042), 10/22/96
223	Application by United Insurance Companies, Inc. to charter a national CEBA credit card bank with the title United Credit National Bank, Sioux Falls, South Dakota; (Control Number 96MW010011), 11/25/96
224	Borrego Springs Bank's letter of intent to convert to a national bank charter; (Control Number 96WE010006), 11/27/96
225	First Tennessee Bank, N.A., Memphis, Tennessee proposal to expand the activities of an operating subsidiary, FT Mortgage Companies; (Control Number 96SE080017), 11/27/96

Final Enforcement Actions

Enclosed is a copy of the OCC's news release number 96-144 , announcing the availability of enforcement actions. Copies of the final actions are available by writing to the Communications Division, OCC, 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 November 15 through December 14.

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 73150, Chicago, IL 60673-7150. Prepayment is requested. Suggestions, comments or questions may be sent to Jacqueline J. England, Communications Division, Comptroller of the Currency, Washington, DC 20219.