[Federal Register Volume 60, Number 8 (Thursday, January 12, 1995)]
[Notices]
[Page 2969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-767]
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FEDERAL RESERVE SYSTEM
Albert City Bankshares, 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 6, 1995.
A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Albert City Bankshares, Inc., Albert City, Iowa; to acquire 94
percent of the voting shares of The Citizens State Bank, Marathon,
Iowa.
2. First Michigan Bank Corporation, Holland, Michigan; to acquire
100 percent of the voting shares of Superior Financial Corporation,
Sault Sainte Marie, Michigan, and thereby indirectly acquire Sault
Bank, Sault Sainte Marie, Michigan.
3. National Bancorp, Inc., Melrose Park, Illinois; to acquire 100
percent of the voting shares of Northwest Community Bank, Prospect
Heights, Illinois, a de novo bank.
4. West Plains Investors, Inc., Pleasant Plains, Illinois; to
become a bank holding company by acquiring at least 80 percent, but up
to 98.24 percent of the voting shares of Pleasant Plains State Bank,
Pleasant Plains, Illinois.
Board of Governors of the Federal Reserve System, January 6,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-767 Filed 1-11-95; 8:45 am]
BILLING CODE 6210-01-F
