[Federal Register Volume 62, Number 17 (Monday, January 27, 1997)]
[Notices]
[Pages 3899-3900]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1815]
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FEDERAL EMERGENCY MANAGEMENT AGENCY
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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. 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 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, including whether the acquisition of the nonbanking company can
``reasonably be expected to produce benefits to the public, such as
greater convenience, increased competition, or gains in efficiency,
that outweigh possible adverse effects, such as undue concentration of
resources, decreased or unfair competition, conflicts of interests, or
unsound banking practices'' (12 U.S.C. 1843). 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 14, 1997.
A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President)
600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
1. Bank of Boston Corporation, and BayBanks, Inc., both of Boston,
Massachusetts; to acquire 100 percent of the voting shares of
BankBoston (NH), National Association, Nahsua, New Hampshire.
B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
[[Page 3900]]
1. Brickyard Bancorp, Inc., Northbrook, Illinois (in formation); to
become a bank holding company by acquiring 100 percent of the voting
shares of Sysco Financial, Inc., Lincolnwood, Illinois, and thereby
indirectly acquire Brickyard Bank, Lincolnwood, Illinois.
2. FirstBank of Illinois Co., Springfield, Illinois; to acquire 100
percent of the voting shares of BankCentral Corporation, Mattoon,
Illinois, and thereby indirectly acquire Central National Bank of
Mattoon, Mattoon, Illinois.
Board of Governors of the Federal Reserve System, January 21,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-1815 Filed 1-24-97; 8:45 am]
BILLING CODE 6210-01-F