[Federal Register Volume 60, Number 6 (Tuesday, January 10, 1995)]
[Notices]
[Page 2602]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-528]
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FEDERAL RESERVE SYSTEM
United Valley Bancorp, Inc., 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 February 3, 1995.
A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
1. United Valley Bancorp, Inc., Philadelphia, Pennsylvania; to
become a bank holding company by acquiring 100 percent of the voting
shares of United Valley Bank, Philadelphia, Pennsylvania. UVB Interim
Bank, will be formed to facilitate the transaction.
B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. First Mutual Bancorp, Inc., Decatur, Illinois; to become a bank
holding company by acquiring 100 percent of the voting shares of First
Mutual Bank, S.B., Decatur, Illinois.
C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Elgin Bancshares, Inc., Elgin, North Dakota; to become a bank
holding company by acquiring 100 percent of the voting shares of
Farmers State Bank, Elgin, North Dakota.
D. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105:
1. Wells Fargo & Company, San Francisco, California; to acquire 100
percent of the voting shares of Wells Fargo Bank (Arizona), National
Association, Phoenix, Arizona, a de novo bank.
Board of Governors of the Federal Reserve System, January 4,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-528 Filed 1-9-95; 8:45 am]
BILLING CODE 6210-01-F
