[Federal Register Volume 59, Number 4 (Thursday, January 6, 1994)]
[Notices]
[Pages 748-749]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-213]
[[Page Unknown]]
[Federal Register: January 6, 1994]
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FEDERAL RESERVE SYSTEM
Carnegie Bancorp, et al.; Formations of; Acquisitions by; and
Mergers of Bank Holding Companies
The companies listed in this notice have applied for the Board's
approval under section 3 of the Bank Holding Company Act (12 U.S.C.
1842) and Sec. 225.14 of the Board's Regulation Y (12 CFR 225.14) to
become a bank holding company or to acquire a bank or bank holding
company. The factors that are considered in acting on the applications
are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
Each application is available for immediate inspection at the
Federal Reserve Bank indicated. Once the application has been accepted
for processing, it will also be available for inspection at the offices
of the Board of Governors. Interested persons may express their views
in writing to the Reserve Bank or to the offices of the Board of
Governors. Any comment on an application that requests a hearing must
include a statement of why a written presentation would not suffice in
lieu of a hearing, identifying specifically any questions of fact that
are in dispute and summarizing the evidence that would be presented at
a hearing.
Unless otherwise noted, comments regarding each of these
applications must be received not later than January 31, 1994.
A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
1. Carnegie Bancorp, Princeton, New Jersey; to become a bank
holding company by acquiring 100 percent of the voting shares of
Carnegie Bank, N.A., Princeton, New Jersey.
B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. American Bancshares Corp., Livingston, Tennessee; to become a
bank holding company by acquiring American Savings Bank, Livingston,
Tennessee, a de novo bank.
C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Independent Bank Corporation, Ionia, Michigan; to acquire 100
percent of the voting shares of KSB Financial, Inc., Kingston,
Michigan, and thereby indirectly acquire Kingston State Bank, Kingston,
Michigan.
D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Union Planters Corporation, Memphis, Tennessee; to acquire 100
percent of the voting shares of Tennessee Bancorp, Inc., Columbia,
Tennessee, and thereby indirectly acquire Tennessee National Bank,
Columbia, Tennessee.
In connection with this application, Union Planters National Bank,
Memphis, Tennessee, has applied to become a bank holding company by
acquiring 100 percent of the voting shares of Tennessee Bancorp, Inc.,
Columbia, Tennessee, and thereby indirectly acquire Tennessee National
Bank, Columbia, Tennessee. Immediately at consummation of the proposed
acquisition, Tennessee Bancorp, Inc. will be dissolved and its
subsidiary bank, Tennesee National Bank, will be merged with and into
Union Planters National Ban. Union Planters National Bank will be the
surviving entity. Both Tennessee Bancorp, Inc. and Tennessee National
Bank will cease to exist on a pro forma basis.
E. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Leader First Bancorp, Inc., Marlow, Oklahoma; to become a bank
holding company by acquiring 100 percent of the voting shares of The
First National Bank of Marlow, Marlow, Oklahoma.
F. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Mission-Heights Management Company, Ltd., Houston, Texas; to
become a bank holding company by acquiring 100 percent of the voting
shares of Ibid, Inc., Wilmington, Delaware; Independent Bancorp, Inc.,
Channelview, Texas, and thereby indirectly acquire Channelview Bank,
Channelview, Texas.
Board of Governors of the Federal Reserve System, December 30,
1993.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-213 Filed 1-5-94; 8:45 am]
BILLING CODE 6210-01-F