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Daily Rules, Proposed Rules, and Notices of the Federal Government

FEDERAL HOUSING FINANCE BOARD

[No. 2003-N-12]

Federal Home Loan Bank Members Selected for Community Support Review

AGENCY: Federal Housing Finance Board.
ACTION: Notice.
SUMMARY: The Federal Housing Finance Board (Finance Board) is announcing the Federal Home Loan Bank (Bank) members it has selected for the 2002-03 eighth quarter review cycle under the Finance Board's community support requirements regulation. This notice also prescribes the deadline by which Bank members selected for review must submit Community Support Statements to the Finance Board.
DATES: Bank members selected for the 2002-03 eighth quarter review cycle under the Finance Board's community support requirements regulation must submit completed Community Support Statements to the Finance Board on or before February 27, 2004.
ADDRESSES: Bank members selected for the 2002-03 eighth quarter review cycle under the Finance Board's community support requirements regulation must submit completed Community Support Statements to the Finance Board either by regular mail at the Federal Housing Finance Board, Office of Supervision, Community Investment and Affordable Housing, 1777 F Street,NW., Washington, DC 20006, or by electronic mail atFITZGERALDE@FHFB.GOV.
FOR FURTHER INFORMATION CONTACT: Emma J. Fitzgerald, Program Analyst, Office of Supervision, Community Investment and Affordable Housing, by telephone at 202/408-2874, by electronic mail atFITZGERALDE@FHFB.GOV,or by regular mail at the Federal Housing Finance Board, 1777 F Street, NW., Washington, DC 20006.
SUPPLEMENTARY INFORMATION: I. Selection for Community Support Review

Section 10(g)(1) of the Federal Home Loan Bank Act (Bank Act) requires the Finance Board to promulgate regulations establishing standards of community investment or service Bank members must meet in order to maintain access to long-term advances.See12 U.S.C. 1430(g)(1). The regulations promulgated by the Finance Board must take into account factors such as the Bank member's performance under the Community Reinvestment Act of 1977 (CRA), 12 U.S.C. 2901et seq., and record of lending to first-time homebuyers.See12 U.S.C. 1430(g)(2). Pursuant to section 10(g) of the Bank Act, the Finance Board has promulgated a community support requirements regulation that establishes standards a Bank member must meet in order to maintain access to long-term advances, and review criteria the Finance Board must apply in evaluating a member's community support performance.See12 CFR part 944. The regulation includes standards and criteria for the two statutory factors—CRA performance and record of lending to first-time homebuyers. 12 CFR 944.3. Only members subject to the CRA must meet the CRA standard. 12 CFR 944.3(b). All members, including those not subject to CRA, must meet the first-time homebuyer standard. 12 CFR 944.3(c).

Under the rule, the Finance Board selects approximately one-eighth of the members in each Bank district for community support review each calendar quarter. 12 CFR 944.2(a). TheFinance Board will not review an institution's community support performance until it has been a Bank member for at least one year. Selection for review is not, nor should it be construed as, any indication of either the financial condition or thecommunity support performance of the member.

Each Bank member selected for review must complete a Community Support Statement and submit it to the Finance Board by the February 27, 2004 deadline prescribed in this notice. 12 CFR 944.2(b)(1)(ii) and (c). On or before January 26, 2004, each Bank will notify the members in its district that have been selected for the 2002-03 eighth quarter community support review cycle that they must complete and submit to the Finance Board by the deadline a Community Support Statement. 12 CFR 944.2(b)(2)(i). The member's Bank will provide a blank Community Support Statement Form, which also is available on the Finance Board's Web site:http://WWW.FHFB.GOV.Upon request, the member's Bank also will provide assistance in completing the Community Support Statement.

The Finance Board has selected the following members for the 2002-03 eighth quarter community support review cycle:

Member City State Federal Home Loan Bank of Boston—District 1 Savings Bank of Danbury Danbury Connecticut. American Eagle Federal Credit Union East Hartford Connecticut. VantisLife Insurance Company East Hartford Connecticut. The Dime Savings Bank of Norwich Norwich Connecticut. Stafford Savings Bank Stafford Springs Connecticut. Sikorsky Federal Credit Union Stratford Connecticut. Torrington Savings Bank Torrington Connecticut. Constitution State Corporate Credit Union, Inc Wallingford Connecticut. Webster Bank Waterbury Connecticut. Maine State Employees Credit Union Augusta Maine. Biddeford Savings Bank Biddeford Maine. Atlantic Regional Federal Credit Union Brunswick Maine. Ocean National Bank Kennebunk Maine. Rainbow Federal Credit Union Lewiston Maine. Community Credit Union Lewiston Maine. Ste. Croix Regional Federal Credit Union Lewiston Maine. Sebasticook Valley Federal Credit Union Pittsfield Maine. Greater Portland Municipal Credit Union South Portland Maine. Town and County Federal Credit Union South Portland Maine. Evergreen Credit Union Westbrook Maine. The Provident Bank Amesbury Massachusetts. Athol-Clinton Co-operative Bank Athol Massachusetts. Citizens Bank of Massachusetts Boston Massachusetts. Massachusetts State Employees Credit Union Boston Massachusetts. Mercantile Bank and Trust Company Boston Massachusetts. Brookline Municipal Credit Union Brookline Massachusetts. Metropolitan Credit Union Chelsea Massachusetts. Postal Community Credit Union East Boston Massachusetts. Everett Co-operative Bank Everett Massachusetts. St. Anne's Credit Union of Fall River, Mass Fall River Massachusetts. I.C. Federal Credit Union Fitchburg Massachusetts. Holyoke Credit Union Holyoke Massachusetts. Hyde Park Cooperative Bank Hyde Park Massachusetts. Jeanne d'Arc Credit Union Lowell Massachusetts. TeleCom Cooperative Bank Malden Massachusetts. St. Mary's Credit Union Marlborough Massachusetts. Pilgrim Co-operative Bank Marshfield Massachusetts. Medway Co-operative Bank Medway Massachusetts. Merrimac Savings Bank Merrimac Massachusetts. Millbury National Bank Millbury Massachusetts. Direct Federal Credit Union Needham Massachusetts. The Village Bank Newton Massachusetts. Merrimack Valley Federal Credit Union North Andover Massachusetts. Greylock Federal Credit Union Pittsfield Massachusetts. Legacy Banks Pittsfield Massachusetts. Bridgewater Savings Bank Raynham Massachusetts. The Cooperative Bank Roslindale Massachusetts. Saugus Federal Credit Union Saugus Massachusetts. Member Plus Credit Union Somerville Massachusetts. Winter Hill Bank Somerville Massachusetts. MBTA Employees Credit Union South Boston Massachusetts. Mt. Washington Co-operative Bank South Boston Massachusetts. The Savings Bank Wakefield Massachusetts. Wakefield Co-operative Bank Wakefield Massachusetts. Webster Five Cents Savings Bank Webster Massachusetts. Webster First Federal Credit Union Webster Massachusetts. Massachusetts Credit Union Share Insurance Corporation Westborough Massachusetts. Mutual Federal Savings Bank of Plymouth County Whitman Massachusetts. Winchester Savings Bank Winchester Massachusetts. Eastern Corporate Federal Credit Union Woburn Massachusetts. Ledyard National Bank Hanover New Hampshire. Monadnock Community Bank Peterborough New Hampshire. Pemigewasset National Bank Plymouth New Hampshire. Northeast Credit Union Portsmouth New Hampshire. Woodsville Guaranty Savings Bank Woodsville New Hampshire. The Peoples Credit Union Middleton Rhode Island. Pawtucket Credit Union Pawtucket Rhode Island. Coastway Credit Union Providence Rhode Island. Fleet National Bank Providence Rhode Island. Vermont Development Credit Union Burlington Vermont. Community National Bank Derby Vermont. The First National Bank of Orwell Orwell Vermont. Wells River Savings Bank Wells River Vermont. Federal Home Loan Bank of New York—District 2 Summit Federal Savings Loan Association Dunellen New Jersey. Sterling Bank Mt. Laurel New Jersey. Roselle Savings Bank Roselle New Jersey. Greater Community Bank Totowa New Jersey. Sun National Bank Vineland New Jersey. Valley National Bank Wayne New Jersey. Marathon National Bank of New York Astoria New York. Seneca Federal Savings and Loan Association Baldwinsville New York. Ballston Spa National Bank Ballston Spa New York. Bath National Bank Bath New York. New York National Bank Bronx New York. The Dime Savings Bank of Williamsburgh Brooklyn New York. The North Country Savings Bank Canton New York. Community Bank, National Association Canton New York. Carthage Federal Savings and Loan Association Carthage New York. Lake Shore Savings Loan Association Dunkirk New York. Ellenville National Bank Ellenville New York. City National Bank Trust Company Gloversville New York. Sound Federal Savings and Loan Association Mamaroneck New York. North Fork Bank Melville New York. Interaudi Bank New York New York. Ridgewood Savings Bank New York New York. Alliance Bank, NA Oneida New York. The Seneca Falls Savings Bank Seneca Falls New York. Geddes Federal Savings and Loan Association Syracuse New York. The National Bank of Delaware County Walton New York. RG Premier Bank of PR Hato Rey Puerto Rico. Banco Popular de Puerto Rico San Juan Puerto Rico. EuroBank San Juan Puerto Rico. Federal Home Loan Bank of Pittsburgh—District 3 Chase Manhattan Bank USA, N.A Wilmington Delaware. Sun East Federal Credit Union Aston Pennsylvania. Allegiance Bank of North America Bala Cynwyd Pennsylvania. Philadelphia Indemnity Insurance Company Bala Cynwyd Pennsylvania. Philadelphia Insurance Company Bala Cynwyd Pennsylvania. The First National Bank of Berwick Berwick Pennsylvania. American Eagle Savings Bank Boothwyn Pennsylvania. Commerce Bank/Harrisburg, N.A Camp Hill Pennsylvania. First National Bank of Canton Canton Pennsylvania. Croydon Savings Bank Croydon Pennsylvania. FNB Bank, N.A Danville Pennsylvania. Bank of Lancaster County, N.A East Petersburg Pennsylvania. Marquette Savings Bank Erie Pennsylvania. First United National Bank Fryburg Pennsylvania. Adams County National Bank Gettysburg Pennsylvania. First National Bank of Greencastle Greencastle Pennsylvania. Legacy Bank of Harrisburg Harrisburg Pennsylvania. Huntingdon Savings Bank Huntingdon Pennsylvania. Huntingdon Valley Bank Huntingdon Valley Pennsylvania. First Commonwealth Bank Indiana Pennsylvania. Abington Bank Jenkintown Pennsylvania. Reliance Federal Credit Union King of Prussia Pennsylvania. The Merchants National Bank of Kittanning Kittanning Pennsylvania. Fulton Bank Lancaster Pennsylvania. Citizens National Bank Lansford Pennsylvania. The First National Bank of Lilly Lilly Pennsylvania. Millennium Bank Malvern Pennsylvania. Savings and Loan Association of Milton, Pa Milton Pennsylvania. The First National Bank of Newport Newport Pennsylvania. Progress Bank Norristown Pennsylvania. The Northumberland National Bank Northumberland Pennsylvania. First National Bank of Palmerton Palmerton Pennsylvania. Tioga Franklin Savings Bank Philadelphia Pennsylvania. United Savings Bank Philadelphia Pennsylvania. Fidelity Bank PaSb Pittsburgh Pennsylvania. Landmark Community Bank Pittston Pennsylvania. Wilmington Trust of Pennsylvania Villanova Pennsylvania. West Milton State Bank West Milton Pennsylvania. PeoplesBank, a Codurus Valley Company York Pennsylvania. Citizens National Bank of Berkeley Springs Berkeley Springs West Virginia. Bank of Charles Town Charles Town West Virginia. Star USA Federal Credit Union Charleston West Virginia. Davis Strust Company Elkins West Virginia. Pendleton County Bank Franklin West Virginia. Guaranty Bank Trust Company Huntington West Virginia. Summit Community Bank Moorefield West Virginia. Capon Valley Bank Wardensville West Virginia. First National Bank in West Union West Union West Virginia. The Citizens Bank of Weston, Inc Weston West Virginia. Federal Home Loan Bank of Atlanta—District 4 First National Bank of Central Alabama Aliceville Alabama. The First National Bank of Atmore Atmore Alabama. Alabama Central Credit Union Birmingham Alabama. Regions Bank Birmingham Alabama. The Bank Birmingham Alabama. Farmers and Merchants Bank Centre Alabama. Merchants Farmers Bank of Greene County Eutaw Alabama. First Lowndes Bank, Incorporated Fort Deposit Alabama. Alabama Teachers Credit Union Gadsden Alabama. First Metro Bank Muscle Shoals Alabama. Farmers and Merchants Bank Piedmont Alabama. West Alabama Bank Trust Reform Alabama. Bank Independent Sheffield Alabama. First Southern National Bank Stevenson Alabama. Turnberry Bank Aventura Florida. Palm Beach County Bank Boynton Beach Florida. Coast Bank of Florida Bradenton Florida. Horizon Bank Bradenton Florida. Riverside Bank of the Gulf Coast Cape Cora Florida. Gulf State Community Bank Carrabelle Florida. EuroBank Coral Gables Florida. Destin Bank Destin Florida. Englewood Bank Englewood Florida. City County Credit Union of Fort Lauderdale Fort Lauderdale Florida. First Community Bank of Southwest Florida Fort Myers Florida. Beach Community Bank Fort Walton Beach Florida. Equitable Bank Ft. Lauderdale Florida. Florida Citizens Bank Gainesville Florida. First Bank of Indiantown Indiantown Florida. Jax Federal Credit Union Jacksonville Florida. The Jacksonville Bank Jacksonville Florida. Jacksonville Fireman's Credit Union Jacksonville Florida. CNB National Bank Lake City Florida. Community United Bank of Florida Lake Mary Florida. Heritage Bank of Florida Lutz Florida. BAC Florida Bank Miami Florida. Executive National Bank Miami Florida. Gulf Bank Miami Florida. Fifth Third Bank, Florida Naples Florida. Madison Bank Palm Harbor Florida. Sunshine State FSL Association Plant City Florida. Dorsey State Bank Abbeville Georgia. Wheeler County State Bank Alamo Georgia. First National Bank of South Georgia Albany Georgia. Integrity Bank Alpharetta Georgia. Sumter Bank Trust Company Americus Georgia. Colony Bank Ashburn Ashburn Georgia. Community National Bank Ashburn Georgia.
The National Bank of Georgia Athens Georgia. Bank of America Georgia, NA Atlanta Georgia. Capitol City Bank Trust Company Atlanta Georgia. United Community Bank Blairsville Georgia. Atlantic National Bank Brunswick Georgia. Peoples Bank Trust Buford Georgia. United National Bank Cairo Georgia. Bartow County Bank Cartersville Georgia. Peoples Community Bank Colquitt Georgia. Columbus Bank and Trust Columbus Georgia. First National Bank Covington Georgia. Lumpkin County Bank Dahlonega Georgia. Bank of Dawson Dawson Georgia. Bank of Terrell Dawson Georgia. Horizon Bank Decatur Georgia. Global Commerce Bank Doraville Georgia. Farmers State Bank Dublin Georgia. First National Bank of Gwinnett Duluth Georgia. Heritage Bank Jonesboro Georgia. Charter Bank and Trust Company Marietta Georgia. First Capital Bank Norcross Georgia. Waycross Bank Trust Waycross Georgia. UnitedBank Zebulon Georgia. The Harbor Bank of Maryland Baltimore Maryland. Educational Systems Employees Federal C.U Bladensburg Maryland. The National Bank of Cambridge Cambridge Maryland. First Peoples Community Federal Credit Union Cumberland Maryland. The Peoples Bank of Maryland Denton Maryland. Freedom of Maryland Federal Credit Union EA-APG (Aberdeen) Maryland. County First Bank La Plata Maryland. Bank of Ocean City Ocean City Maryland. Farmers and Merchants Bank Upperco Maryland. Old Line National Bank Waldorf Maryland. Westminster Union Bank Westminster Maryland. High Country Bank Boone North Carolina. New Century Bank Dunn North Carolina. Four Oaks Bank Trust Company Four Oaks North Carolina. Alamance National Bank Graham North Carolina. SterlingSouth Bank Trust Company Greensboro North Carolina. BB T of SC Lumberton North Carolina. Bank of Carolinas Mocksville North Carolina. Trinity Bank Monroe North Carolina. Bank of Currituck Moyock North Carolina. Bank of Oak Ridge Oak Ridge North Carolina. North State Bank Raleigh North Carolina. First-Citizens Bank Trust Company Raleigh North Carolina. Roanoke Rapids Savings Bank, SSB Roanoke Rapids North Carolina. KS Bank Smithfield North Carolina. Jackson Savings Bank, S.S.B Sylva North Carolina. Tarboro Savings Bank, SSB Tarboro North Carolina. Members Credit Union Winston Salem North Carolina. Security Federal Bank Aiken South Carolina. Bank of Anderson Anderson South Carolina. Lowcountry National Bank Beaufort South Carolina. Summit National Bank Greenville South Carolina. CapitalBank Greenwood South Carolina. Palmetto State Bank Hampton South Carolina. Hartsville Community Bank, N.A Hartsville South Carolina. Beach First National Bank Myrtle Beach South Carolina. Nexity Bank Myrtle Beach South Carolina. Newberry Federal Savings Bank Newberry South Carolina. First National Bank of the South Spartanburg South Carolina. Highlands Union Bank Abingdon Virginia. The First Bank and Trust Company Abingdon Virginia. Treasury Bank, N.A Alexandria Virginia. Common Wealth One Federal Credit Union Alexandria Virginia. The First National Bank of Altavista Altavista Virginia. Bank of Clarke County Berryville Virginia. Guaranty Bank Charlottesville Virginia. Constellation Federal Credit Union Falls Church Virginia. Capital One, F.S.B Falls Church Virginia. The Bank of Floyd Floyd Virginia. Miners and Merchants Bank and Trust Company Grundy Virginia. Rockingham Heritage Bank Harrisonburg Virginia. Bank of Northumberland, Inc Heathsville Virginia. The Bank of Marion Marion Virginia. Heritage Bank and Trust Norfolk Virginia. Bank of Essex Tappahannock Virginia. Resource Bank Virginia Beach Virginia. The Fauquier Bank Warrenton Virginia. Federal Home Loan Bank of Cincinnati—District 5 Town Square Bank, Inc Ashland Kentucky. The Peoples Exchange Bank of Beattyville Beattyville Kentucky. Central Appalachian Peoples Federal Credit Union Berea Kentucky. Farmers State Bank Booneville Kentucky. American Bank Trust Company, Inc Bowling Green Kentucky. Citizens First Bank, Inc Bowling Green Kentucky. The First National Bank of Brooksville Brooksville Kentucky. Brownsville Deposit Bank Brownsville Kentucky. Heritage Bank, Inc Burlington Kentucky. Bank of Caneyville Caneyville Kentucky. Clinton Bank Clinton Kentucky. Bank of Corbin Corbin Kentucky. Bank of Ohio County Dundee Kentucky. Elkton Bank and Trust Company Elkton Kentucky. Farmers Deposit Bank Eminence Kentucky. The Bank of Kentucky Florence Kentucky. First Federal Savings Bank of Frankfort Frankfort Kentucky. The Commercial Bank of Grayson Grayson Kentucky. The First National Bank of Grayson Grayson Kentucky. Ohio Valley National Bank Henderson Kentucky. Hyden Citizens Bank Hyden Kentucky. Citizens Guaranty Bank Irvine Kentucky. The First National Bank of Jackson Jackson Kentucky. Citizens Bank Trust Company of Jackson Jackson Kentucky. Peoples Bank Lebanon Kentucky. Lewisburg Banking Company Lewisburg Kentucky. KUE Federal Credit Union Lexington Kentucky. Members Heritage Federal Credit Union Lexington Kentucky. University of Kentucky Federal Credit Union Lexington Kentucky. First National Bank and Trust London Kentucky. Park Federal Credit Union Louisville Kentucky. Stock Yards Bank Trust Company Louisville Kentucky. The Peoples Bank Marion Kentucky. Security Bank Trust Company Maysville Kentucky. The Citizens Bank Morehead Kentucky. Citizens Bank of Campbell County, Inc Newport Kentucky. First Farmers Bank Trust Company Owenton Kentucky. Paducah Bank Trust Company Paducah Kentucky. Kentucky Bank Paris Kentucky. Salyersville National Bank Salyersville Kentucky. Citizens Union Bank of Shelbyville Shelbyville Kentucky. Somerset National Bank Somerset Kentucky. Peoples Bank of Kentucky, Inc Stanford Kentucky. Bank of the Mountains West Liberty Kentucky. Winchester Federal Savings Bank Winchester Kentucky. North Akron Savings Bank Akron Ohio. The Andover Bank Andover Ohio. The Sutton State Bank Attica Ohio. United Bank, N.A Bucyrus Ohio. Farmers National Bank Canfield Ohio. The Cincinnatus Savings Loan Company Cheviot Ohio. Foundation Savings Cincinnati Ohio. The Provident Bank Cincinnati Ohio. Corporate One Federal Credit Union Columbus Ohio. CME Federal Credit Union Columbus Ohio. Prospect Bank Columbus Ohio. The Union Bank Company Columbus Grove Ohio. Cuyahoga Falls Savings Bank Cuyahoga Falls Ohio. Heartland Federal Credit Union Dayton Ohio. The State Bank and Trust Company Defiance Ohio. Fremont Federal Credit Union Fremont Ohio. The Ohio Valley Bank Company Gallipolis Ohio. The Sycamore National Bank Groesbeck Ohio. The Harrison Building and Loan Association Harrison Ohio. Oak Hill Banks Jackson Ohio. Lebanon Citizens National Bank Lebanon Ohio. Buckeye Community Bank Lorain Ohio. The Lorain National Bank Lorain Ohio. The Marion Bank Marion Ohio. Minster Bank Minster Ohio. The Mount Victory State Bank Mount Victory Ohio. First National Bank of New Bremen New Bremen Ohio. Farmers State Bank New Madison Ohio. Miami Employees Federal Credit Union Oxford Ohio. Desco Federal Credit Union Portsmouth Ohio. Portage Community Bank Ravenna Ohio. The Richwood Banking Company Richwood Ohio. The Sherwood State Bank Sherwood Ohio. The First National Bank of Sycamore Sycamore Ohio. First Bank of Ohio Tiffin Ohio. Great Lakes Credit Union, Inc Toledo Ohio. The Citizens National Bank of Urbana Urbana Ohio. Seven Seventeen Credit Union, Inc Warren Ohio. National Bank and Trust Company Wilmington Ohio. Woodsfield Savings Bank Woodsfield Ohio. Community BT Company of Cheatham County Ashland City Tennessee. Citizens Bank Trust Company Atwood Tennessee. First South Bank Bolivar Tennessee. Southeast Financial Credit Union Brentwood Tennessee. UnumProvident Federal Credit Union Chattanooga Tennessee. Southern Heritage Bank Cleveland Tennessee. The Community Bank of East Tennessee Clinton Tennessee. First Alliance Bank Cordova Tennessee. Union Planters Bank, NA Cordova Tennessee. Tristar Bank Dickson Tennessee. First State Bank Dresden Tennessee. Franklin National Bank Franklin Tennessee. Tennessee Commerce Bank Franklin Tennessee. Bank of Friendship Friendship Tennessee. Renasant Bank Germantown Tennessee. Dupont Community Credit Union Hixon Tennessee. Cornerstone Community Bank Hixson Tennessee. The First National Bank of LaFollette LaFollette Tennessee. Academy Bank Lebanon Tennessee. Bank of Perry County Lobelville Tennessee. Bank of Mason Mason Tennessee. McKenzie Banking Company McKenzie Tennessee. Security Federal Savings Bank McMinnville Tennessee. Financial Federal Savings Bank Memphis Tennessee. First Tennessee Bank NA Memphis Tennessee. Tri-State Bank of Memphis Memphis Tennessee. Pinnacle National Bank Nashville Tennessee. Community Trust Banking Company Ooletewah Tennessee. Bank of Ripley Ripley Tennessee. Fi