[Federal Register Volume 61, Number 6 (Tuesday, January 9, 1996)]
[Notices]
[Page 658]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-296]
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FEDERAL RESERVE SYSTEM
Chittenden Corporation, 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 January 31, 1996.
A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President)
600 Atlantic Avenue, Boston, Massachusetts 02106:
1. Chittenden Corporation, Burlington, Vermont; to acquire 100
percent of the voting shares of Flagship Bank and Trust Company,
Worcester, Massachusetts.
B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
1. Matewan Bancshares, Inc., Williamson, West Virginia; to acquire
100 percent of the voting shares of Bank One, Pikeville, N.A.,
Pikeville, Kentucky.
C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. FNB Bankshares, Inc., Milnor, North Dakota; to acquire 100
percent of the voting shares of First National Bank, Lisbon, North
Dakota, a de novo bank that will be immediately merged into Applicant's
existing subsidiary bank, First National Bank of Milnor, Milnor, North
Dakota, upon consummation. The Lisbon bank will become a branch of the
Milnor bank.
Board of Governors of the Federal Reserve System, December 29,
1995.
Barbara R. Lowrey,
Associate Secretary of the Board.
[FR Doc. 96-296 Filed 1-8-96; 8:45 am]
BILLING CODE 6210-01-F
