Corporate Applications:

IN THIS ISSUE:

Interpretive Letters

Letter No.	Topic
1042	Letter concludes that Bank may retain ownership of condominium donated to it by its holding company for use in providing lodging to bank employees, consultants, and customers because commercial accommodations frequently are not available. If business use is discontinued, bank must dispose of the property. WORD 01/21/1993
1043	Letter concludes that Bank may retain ownership of condominium donated to it by its holding company for use in providing lodging to bank employees, consultants, and customers because commercial accommodations frequently are not available. In addition, under the excess capacity theory, the bank may rent the condo to outside parties when it is not being used for business purposes. Business must continue to be substantial and not just a token amount. WORD 07/08/1993
1044	Letter concludes that Bank may hold, as permissible bank premises, building that consists of both office space and commercial facilities for lodging of out-of-town bank visitors. Bank may make any excess space in the building available to the general public and in order to make building financial feasible, bank may develop and sell residential condominiums on top four floors of building. WORD 12/05/2005
1045	Letter concludes that Bank may hold, as permissible bank premises, commercial facilities for lodging of out-of-town bank visitors. Bank may make any excess space in such building available to the general public. WORD 12/05/2005

CRA Decisions

Letter No.	Topic
128	Application to merge Bank One Trust Company, NA, Columbus, Ohio, into and under the charter and title of JPMorgan Chase Bank, NA, Columbus, Ohio. (Control Number 2005 ML 02 0006), WORD 11/01/2005
129	Application to merge Direct Merchants Credit Card Bank, National Association, Phoenix, Arizona, with and into HSBC Bank Nevada, National Association. (Control Number 2005 NE 02 0028), WORD 11/03/2005

Corporate Decisions  

Letter No.	Topic
2005-13	Application to merge Advantage Bank, Branchburg, New Jersey, into Sun National Bank, Vineland, New Jersey, under the charter and title of Sun National Bank. (Control Number 2005 NE 02 0035), WORD 11/03/2005
2005-14	Application by First Citizens National Bank, Mansfield, Pennsylvania, to purchase certain assets and assume certain liabilities of the Hannibal Branch, located in Hannibal, New York, of Fulton Savings Bank, located in Fulton, New York and subsequently to relocate the acquired branch from Hannibal to Wellsville, New York. (Control Numbers 2005 NE 02 0036 & 2005 NE 07 0027), WORD 11/21/2005

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

Letter No.	Topic
710	Application by Citicorp Trust fsb, to establish a national trust bank with the title of Citigroup Trust - Delaware, National Association, Wilmington, Delaware. (Control Number 2005 ML 01 0004), WORD 11/02/2005
711	Application to establish a new national bank with the title of Community National Bank of the South, Lake Mary, Florida. (Control Number 2005 SO 01 0014), WORD 11/03/2005
712	Application to establish a new national bank with the title of Bank of Napa, NA, Napa, California. (Control Number 2005 WE 01 0005), WORD 10/07/2005
713	Application to merge May National Bank of Ohio, Lorain, Ohio, into its nonblank affiliate, Bloomingdales.com, Inc. and to sell all of the deposit liabilities and substantially all the assets of May National Bank of Ohio to FDS Bank, Mason, Ohio (Control Numbers 2005 WE 12 195 & 2005 WE 12 224), WORD 11/08/2005
714	Application to reorganize Smith River Community Bank, N.A., Martinsville, Virginia to become a subsidiary of a bank holding company. (Control Number 2005 SO 12 0250), WORD 11/08/2005
715	Application to establish a new national bank with the title of BankMeridian, National Association, Columbia, South Carolina and for the bank to establish a branch in Hilton Head Island Napa, California. (Control Numbers 2005 SO 01 0018 & 2005 SO 05 0297), WORD 11/18/2005
716	Application to merge Palm Beach County Bank, West Palm Beach, Florida, with and into Commerce Bank, National Association, Philadelphia, Pennsylvania, under the title and charter number of the latter. (Control Number 2005 NE 02 0027), WORD 11/08/2005
717	Application by Main Street National Bank, Kingwood, Texas, to establish a branch at 19289 W. Lake Houston Parkway, Suite 250, Humble, Texas. (Control Number 2005 SO 05 0382), WORD 11/28/2005

Final Enforcement Actions

Enclosed is a copy of the OCC's news release number 2005-123, 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 November 15 through December 14, 2005.

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 Licensing. The Community Development Investment Letters are from the office of Community Affairs. 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, Mail Stop 4-8, 250 E Street, S.W., Washington, DC 20219. Prepayment is requested. Suggestions, comments or questions may be sent to Jacqueline J. England, Comptroller of the Currency, Communications Division, Mail Stop 3-2, Washington, DC 20219.