[Federal Register Volume 63, Number 15 (Friday, January 23, 1998)]
[Notices]
[Page 3575]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1647]
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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 17, 1998.
A. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice
President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota
55480-0291:
1. Dakota Bancshares, Inc., Mendota Heights, Minnesota; to acquire
81 percent of the voting shares of Olivia Bancorporation, Inc., Olivia,
Minnesota, and thereby indirectly acquire American State Bank of
Olivia, Olivia, Minnesota.
Board of Governors of the Federal Reserve System, January 20,
1998.
William W. Wiles,
Secretary of the Board.
[FR Doc. 98-1647 Filed 1-22-98; 8:45 am]
BILLING CODE 6210-01-F
