[Federal Register Volume 63, Number 12 (Tuesday, January 20, 1998)]
[Notices]
[Pages 2980-2981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1174]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other
applicable statutes and regulations to become a bank holding company
and/or to acquire the assets or the ownership of, control of, or the
power to vote shares of a bank or bank holding company and all of the
banks and nonbanking companies owned by the bank holding company,
including the companies listed below.
The applications listed below, as well as other related filings
required by the Board, are available for immediate inspection at the
Federal Reserve Bank indicated. The application also will be available
for inspection at the offices of the Board of Governors. Interested
persons may express their views in writing on the standards enumerated
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the
acquisition of a nonbanking company, the review also includes whether
the acquisition of the nonbanking company complies with the standards
in section 4 of the BHC Act. Unless otherwise noted, nonbanking
activities will be conducted throughout the United States.
Unless otherwise noted, comments regarding each of these
applications must be received at the Reserve Bank indicated or the
offices of the Board of Governors not later than February 13, 1998.
A. Federal Reserve Bank of Boston (Richard Walker, Community
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
1. Peoples Heritage Financial Group, Inc., Portland, Maine; to
acquire and thereby merge with CFX Corporation, Keene, New Hampshire,
and thereby indirectly acquire Safety Fund National Bank, Fitchburg,
Massachusetts; Orange Savings Bank, Orange, Massachusetts; and CFX
Bank, Keene, New Hampshire.
[[Page 2981]]
B. Federal Reserve Bank of Cleveland (Jeffery Hirsch, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. FirstMerit Corporation, Akron, Ohio; to merge with CoBancorp,
Inc., Elyria, Ohio, and thereby indirectly acquire PremierBank & Trust,
Elyria, Ohio.
In connection with this application, Applicant also has applied to
acquire Jefferson Savings Bank, West Jefferson, Ohio, and thereby
engage in permissible savings association activities, pursuant to Sec.
225.28(b)(4)(ii) of the Board's Regulation Y.
C. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. MainStreet BankGroup Incorporated, Martinsville, Virginia; to
acquire 100 percent of the voting shares of Regency Financial Shares,
Inc., Richmond, Virginia, and thereby indirectly acquire Regency Bank,
Richmond, Virginia.
D. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Lincoln Interim Corporation, Lincolnton, Georgia; to become a
bank holding company by acquiring 100 percent of the voting shares of
Lincoln Bancshares, Inc., Lincoln, Georgia.
2. The Peoples BancTrust Company, Inc., Selma, Alabama; to merge
with Merchants & Planters Bancshares, Inc., Montevallo, Alabama, and
thereby indirectly acquire Merchants & Planters Bank, Montevallo,
Alabama.
E. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. F&M Bancorporation, Inc., Kaukauna, Wisconsin; to acquire 100
percent of the voting shares of Bancsecurity Corporation, Marshalltown,
Iowa, and thereby indirectly acquire Security Bank, Marshalltown, Iowa;
Security Bank Jasper-Poweshiek, Kellogg, Iowa; and Story County Bank &
Trust, Story City, Iowa.
In connection with this application, Bancsecurity Acquisition
Corp., Kaukauna, Wisconsin, has also applied to become a bank holding
company.
Board of Governors of the Federal Reserve System, January 13,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-1174 Filed 1-16-98; 8:45 am]
BILLING CODE 6210-01-F