[Federal Register Volume 63, Number 12 (Tuesday, January 20, 1998)]
[Notices]
[Page 2981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1267]
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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 Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
1. Community Banks, Inc., Millersburg, Pennsylvania; to acquire 100
percent of the voting shares of The Peoples State Bank, East Berlin,
Pennsylvania.
B. Federal Reserve Bank of Cleveland (Jeffery Hirsch, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. National City Corporation, Cleveland, Ohio; to merge with Fort
Wayne National Corporation, Fort Wayne, Indiana, and thereby indirectly
acquire The Auburn State Bank, Auburn, Indiana; Churubusco State Bank,
Churubusco, Indiana; First National Bank of Huntington, Huntington,
Indiana; First National Bank of Warsaw, Warsaw, Indiana; Fort Wayne
National Bank, Fort Wayne, Indiana; Old First National Bank in
Bluffton, Bluffton, Indiana; and Valley American Bank and Trust
Company, South Bend, Indiana.
C. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Centura Banks, Inc., Rocky Mount, North Carolina; to merge with
Pee Dee Bankshares, Inc., Timmonsville, South Carolina, and thereby
indirectly acquire Pee Dee State Bank, Timmonsville, South Carolina.
Board of Governors of the Federal Reserve System, January 14,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-1267 Filed 1-16-98; 8:45 am]
BILLING CODE 6210-01-F
