98-1823. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 63, Number 17 (Tuesday, January 27, 1998)]
    [Notices]
    [Page 3896]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-1823]
    
    
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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 20, 1998.
        A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63102-2034:
        1. National City Bancshares, Inc., Evansville, Indiana; to merge 
    with Vernois Bancshares, Inc., Mount Vernon, Illinois, and thereby 
    indirectly acquire Bank of Illinois, Mount Vernon, Illinois. Comments 
    regarding this application must be received by February 11, 1998.
        B. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
    of Analytical Support, Consumer Regulation Group) 101 Market Street, 
    San Francisco, California 94105-1579:
        1. First Savings Bank of Washington Bancorp, Inc., Walla Walla, 
    Washington; to merge with Towne Bancorp, Inc., Woodinville, Washington, 
    and thereby indirectly acquire Towne Bank, Woodinville, Washington.
        2. J, J, & B Capital, L.P., Los Angeles, California; to become a 
    bank holding company by acquiring 59.5 percent of the voting shares of 
    Founders National Bank of Los Angeles, Los Angeles, California.
    
        Board of Governors of the Federal Reserve System, January 21, 
    1998.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 98-1823 Filed 1-26-98; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
01/27/1998
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
98-1823
Pages:
3896-3896 (1 pages)
PDF File:
98-1823.pdf