Applications approved Under Bank Merger Act: by Federal Reserve Banks. (Legal Developments).

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

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

Colonial Bank,     Manufacturers Bank    Atlanta   November 9, 2001
  Montgomery,        of Florida,
  Alabama            Tampa, Florida
                   Israel Discount
                     Bank of New York,
                     New York, New
                     York
SouthTrust Bank,   Commerce Bank,        Atlanta   November 9, 2001
  Birmingham,        Richmond,
  Alabama            Virginia