APPLICATIONS APPROVED UNDER BANK MERGER ACT: By the Secretary of the Board - United States Federal Reserve Board - Brief Article

Federal Reserve Bulletin, August, 2001

APPLICATIONS APPROVED UNDER BANK MERGER ACT

By the Secretary of the Board

Recent applications have been approved by the Secretary of the
Board as listed below. Copies are available upon request to
the Freedom of Information Office, Office of the Secretary,
Board of Governors of the Federal Reserve System, Washington,
D.C. 20551.

Applicant(s)      Bank(s)                       Effective Date

Central Savings   North Country Bank & Trust,   June 29, 2001
  Bank, Sault       Traverse City, Michigan
  Sainte Marie,
  Michigan

By Federal Reserve Banks

Recent applications have been approved by the Federal Reserve
Banks as listed below. Copies are available upon request to
the Reserve Banks.

                                                        Effective
Applicant(s)        Bank(s)              Reserve Bank   Date

Central Virginia    Guaranty Bank,       Richmond       June 18, 2001
  Bank, Powhatan,     Charlottesville,
  Virginia            Virginia
Gold Bank,          North American       Kansas City    May 25, 2001
  Leawood, Kansas     Savings, F.S.B.,
                      Grandview,
                      Missouri
Gold Bank,          Provident Bank,      Kansas City    June 20, 2001
  Leawood, Kansas     F.S.B.,
                      St. Joseph,
                      Missouri
M&I Marshall &      Fifth Third Bank,    Chicago        June 8, 2001
  Ilsley Bank,        Southwest
  Milwaukee,          F.S.B.,
  Wisconsin           Scottsdale,
                      Arizona
Promistar Bank,     The First National   Philadelphia   June 11, 2001
  Johnstown,          Bank of
  Pennsylvania        Herminie,
                      Herminie,
                      Pennsylvania

PENDING CASES INVOLVING THE BOARD OF GOVERNORS

This list of pending cases does not include suits against the Federal Reserve Banks in which the Board of Governors is not named a party.

Artis v. Greenspan, No. 01-CV-0400(ESG) (D.D.C., complaint filed February 22, 2001. Employment discrimination action.

Dime Bancorp, Inc. v. Board of Governors, No. 00-4249 (2d Cir., filed December 11, 2000). Petition for review of a Board order dated September 27, 2000, approving the applications of North Fork Corporation, Inc., Melville, New York, to acquire control of Dime Bancorp, Inc. and to thereby acquire its wholly owned subsidiary, The Dime Savings Bank of New York, FSB, both of New York, New York.

Nelson v. Greenspan, No. 99-215(EGS) (D.D.C., amended complaint filed December 8, 2000). Employment discrimination action.

Howe v. Bank for International Settlements, No. 00CV 12485 RCL (D. Mass., filed December 7, 2000). Action seeking damages in connection with gold market activities and the repurchase of privately-owned shares of the Bank for International Settlements.

Barnes v. Reno, No. 1:00CV02900 (D.D.C., filed December 4, 2000). Civil rights action. On June 13, 2001, the district court dismissed the action.

Sedgwick v. Board of Governors, No. 00-16525 (9th Cir., filed August 7, 2000). Appeal of district court dismissal of action under Federal Tort Claims Act alleging violation of bank supervision requirements. On May 31, 2001, the court affirmed the district court's dismissal.

Individual Reference Services Group, Inc., v. Board of Governors, et al., No. 01-5175 (D.C. Cir., filed May 25, 2001); Trans Union LLC v. Federal Trade Commission, et al., No. 01-5202 (D.C. Cir., filed June 4, 2001). Appeals of district court order entered April 30, 2001, upholding an interagency rule regarding Privacy of Consumer Finance Information. On June 21, 2001, the court consolidated these cases with Reed Elsevier Inc. v. Board of Governors, No. 00-1289 (D.C. Cir., filed June 30, 2000), and related petitions for review filed against other federal agencies challenging the same rules. On June 28, 2001, the court denied the appellants' emergency motion for an injunction pending appeal.

Bettersworth v. Board of Governors, No. 00-50262 (5th Cir., filed April 14, 2000). Appeal of district court's dismissal of Privacy Act claims. On April 12, 2001, the court denied the petition for review. On June 12, 2001, the court denied the petitioner's request for rehearing.

Albrecht v. Board of Governors, No. 00-CV-317 (CKK) (D.D.C., filed February 18, 2000). Action challenging the method of funding of the retirement plan for certain Board employees. On March 30, 2001, the district court granted in part and denied in part the Board's motion to dismiss.

Guerrero v. United States, No. CV-F-99-6771(OWW) (E.D. Cal., filed November 29, 1999). Prisoner suit.

Artis v. Greenspan, No. 1:99CV02073 (EGS) (D.D.C., filed August 3, 1999). Employment discrimination action.

Fraternal Order of Police v. Board of Governors, No. 1:98CV03116 (WBB)(D.D.C., filed December 22, 1998). Declaratory judgment action challenging Board labor practices. On February 26, 1999, the Board filed a motion to dismiss the action.