[Federal Register Volume 59, Number 101 (Thursday, May 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12851]


[[Page Unknown]]

[Federal Register: May 26, 1994]


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FEDERAL RESERVE SYSTEM
 

Horizon Bancorp Employee Stock Ownership Plan, 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 June 20, 1994.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Horizon Bancorp Employee Stock Ownership Plan, Michigan City, 
Indiana; to acquire an additional 18.99 percent of the voting shares of 
Horizon Bancorp, Michigan City, Indiana, for a total of 35.3 percent, 
and thereby indirectly acquire First Citizens Bank, N.A., Michigan 
City, Indiana.
    B. Federal Reserve Bank of Kansas City (Stephen E. McBride, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198:
    1. Aspen Valley Bancshares, Inc., Aspen, Colorado; to become a bank 
holding company by acquiring 100 percent of the voting shares of Aspen 
Valley Bank, N.A., Aspen, Colorado.
    2. Colt Investments, Inc., Leawood, Kansas; to acquire 31.9 percent 
of the voting shares of Flint Hills Financial Services Corporation, 
Americus, Kansas, and thereby indirectly acquire Americus State Bank, 
Americus, Kansas.
    C. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105:
    1. Union International Financial, South Pasadena, California; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Pacific Business Bank, Carson, California.

    Board of Governors of the Federal Reserve System, May 20, 1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-12851 Filed 5-25-94; 8:45 am]
BILLING CODE 6210-01-F