96-1647. BancTenn Corp. et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies

[Federal Register Volume 61, Number 20 (Tuesday, January 30, 1996)]
[Notices]
[Page 3039]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-1647]



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FEDERAL RESERVE SYSTEM

BancTenn Corp. 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 23, 1996.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. BancTenn Corp., Kingsport, Tennessee; and Carter County Bancorp, 
Inc., Chattanooga, Tennessee; each to acquire a total of 12.495 percent 
of the voting shares of Cornerstone Community Bank (in organization), 
Chattanooga, Tennessee.
    2. Community Financial Group, Inc., Nashville, Tennessee; to become 
a bank holding company by acquiring 80 percent of the voting shares of 
The Bank of Nashville, Nashville, Tennessee.

    Board of Governors of the Federal Reserve System, January 24, 
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-1647 Filed 1-29-96; 8:45 am]
BILLING CODE 6210-01-F