[Federal Register Volume 63, Number 3 (Tuesday, January 6, 1998)]
[Notices]
[Pages 563-564]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-236]
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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 January 30, 1998.
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Carrollton Bancorp, Baltimore, Maryland; to acquire 9 percent of
the voting shares of Patapsco Valley Bancshares, Inc., Ellicott City,
Maryland, and thereby indirectly acquire Commercial & Farmers Bank,
Ellicott City, Maryland.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. CNB Bancshares, Inc., Evansville, Indiana; to acquire 100
percent of the voting shares of Pinnacle Financial Services, Inc., St.
Joseph, Michigan, and thereby indirectly acquire Pinnacle Bank, St.
Joseph, Michigan.
In connection with this application, Applicant also has applied to
acquire Pinnacle Financial Consultants, Inc., Valparaiso, Indiana, and
thereby engage in financial and investment advisory services, pursuant
to Sec. 225.28(b)(6) of the Board's Regulation Y, and in securities
brokerage services and riskless principal transactions, pursuant to
Sec. 225.28(b)(7) of the Board's Regulation Y; IndFed Mortgage
Company, Valparaiso, Indiana, and thereby engage in community
development activities and providing advice in connection with
financing transactions, pursuant to Secs. 225.28(b)(12) and
(b)(6)(iii) of the Board's Regulation Y; Forrest Holdings, Inc., Lisle,
Illinois and its wholly owned subsidiary, Forrest Financial
Corporation, Lisle, Illinois, and thereby engage in leasing activities,
pursuant to Sec. 225.28(b)(3)(i) and (ii) of the Board's Regulation Y,
and securities brokerage activities, pursuant to Sec. 225.28(b)(7) of
the Board's Regulation Y.
[[Page 564]]
Board of Governors of the Federal Reserve System, December 31,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-236 Filed 1-5-98; 8:45 am]
BILLING CODE 6210-01-F
