[Federal Register Volume 63, Number 190 (Thursday, October 1, 1998)]
[Notices]
[Pages 52701-52702]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-26265]
-----------------------------------------------------------------------
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 October 26, 1998.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer)
[[Page 52702]]
230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. AmBank Holdings, Inc., Davenport, Iowa; to become a bank holding
company by merging with AmBank Financial Services, inc., Rock Island,
Illinois, and thereby acquire American Bank and Trust Company,
Davenport, Iowa.
2. Community Bancshares Corp., Indianola, Iowa; to acquire 100
percent of the voting shares of Fort Des Moines Community Bank, Des
Moines, Iowa.
3. St. Charles Financial Corporation, Oak Brook, Illinois; to
become a bank holding company by acquiring 100 percent of the voting
shares of Commerce Bancorp, Inc., Berkeley, Illinois, and thereby
indirectly acquire National Bank of Commerce, Berkeley, Illinois.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. OGS Investments, Inc., Ocala, Florida; to become a bank holding
company by acquiring 100 percent of the voting shares of Florida
Citizens Bank, Ocala, Florida (in organization).
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Arvest Bank Group, Inc., Bentonville, Arkansas; to acquire an
additional 50 percent, for a total of 100 percent of the voting shares
of TRH Bank Group, Inc., Norman, Oklahoma, and thereby indirectly
acquire The Security National Bank and Trust Company of Norman, Norman,
Oklahoma, and The Oklahoma National Bank of Duncan, Duncan, Oklahoma.
2. Area Bancshares Corporation, Owensboro, Kentucky; to merge with
Peoples Bancorp of Winchester, Inc., Winchester, Kentucky, and thereby
indirectly acquire Peoples Commercial Bank, Winchester, Kentcuky.
Board of Governors of the Federal Reserve System, September 25,
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-26265 Filed 9-30-98; 8:45 am]
BILLING CODE 6210-01-F
