SRL for [denied]: Earlier this year , the Fed [denied] an application by Continental Bank Corp. to purchase Grand Canyon State Bank in Scottsdale , Ariz. , on grounds that Continental had n't fully complied with the Community Reinvestment Act .
ARG-M-TMP: Earlier this year | ARG-0: the Fed | ARG-1: an application by Continental Bank Corp. to purchase Grand Canyon State Bank in Scottsdale , Ariz. | ARG-M-CAU: on grounds that Continental had n't fully complied with the Community Reinvestment Act