Corporate Applications:
May 1999
Vol. 12, No. 5
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. 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.
Corporate Decisions
| Letter No. | Topic |
|---|
| 99-10 |
Application by Midstates Bank, National Association, Harlan, Iowa, to
elect the corporate governance provisions of Iowa law and complete a reverse
stock split in accordance with those provisions. (Control Number 99MW120044),
04/01/99 |
| 99-11 |
Application by Local Finance Corporation to charter Local Oklahoma Bank,
National Association, Oklahoma, City, Oklahoma, which will then acquire through
merger Local Oklahoma Bank, F.S.B., Oklahoma City, Oklahoma.
(Control Number 99SW020019), 04/29/99 |
Approvals with conditions enforceable under 12 U.S.C. 1818
| Letter No. | Topic |
|---|
| 308 |
Application by Huntington National Bank, Columbus, Ohio -
acquisition of joint venture membership interest in limited liability
company providing title insurance agency services.
(Control Number 99CE080009), 04/08/99 |
| 309 |
Application by First Tennessee Bank, N.A., Memphis, Tennessee,
to establish an operating subsidiary to engage, to limited extent,
in underwriting and dealing activities with respect to municipal
revenue bonds, and to engage in certain bank permissible activities.
(Control Number 99WO08000), 04/12/99 |
| 310 |
Application to charter an uninsured national trust bank
with the title "The Glenmede Trust Company, NA."
(Proposed). (Control Number 99NE010002), 04/15/99 |
| 311 |
Request by Trustmark National Bank to expand the activities
of an existing subsidiary to engage in certain general insurance
agency activities as permitted under 12 USC 92 and to act as agent
for the sale of fixed and variable rate annuities pursuant to 12
USC 24(7). (Control Number 99SE080004), 04/29/99 |
| 312 |
Application to charter NextBank, National Association, San Francisco,
California. (Control Number 98WO010027 & 99WO080008),
05/08/99 |
Final Enforcement Actions
Enclosed is a copy of the OCC's news release number
99-47, 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 April 15 through May 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 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.
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