[Federal Register Volume 59, Number 195 (Tuesday, October 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-25018]
[[Page Unknown]]
[Federal Register: October 11, 1994]
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FEDERAL RESERVE SYSTEM
Valley Financial Corporation, et al.; Formation of, Acquisition
by, or Merger of Bank Holding Companies
The company listed in this notice has 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)).
The 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 indicated for that application 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.
Comments regarding this application must be received not later than
November 4, 1994.
A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
1. Valley Financial Corporation, Roanoke, Virginia; to become a
bank holding company by acquiring 100 percent of the voting shares of
Valley Bank, National Association, Roanoke, Virginia, a de novo bank.
B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. Community Bancshares of Mississippi, Inc., Forest, Mississippi;
to acquire 91.11 percent of the voting shares of M & M Bancorp, Inc.,
Laurel, Mississippi, and thereby indirectly acquire Merchants &
Manufacturers Bank of Ellisville, Ellisville, Mississippi.
C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. C.B. Bank Shares, Inc., Russiaville, Indiana; to become a bank
holding company by acquiring 100 percent of the voting shares Central
Bank (in process of conversion from a national bank to a state non-
member bank, formerly Central National Bank of Howard County),
Russiaville, Indiana.
D. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Norwest Corporation, Minneapolis, Minnesota; to acquire 100
percent of the voting shares of Ken-Caryl Investment Company,
Littleton, Colorado, and thereby indirectly acquire Ken-Caryl Bank,
Littleton, Colorado.
E. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. HF Limited Partnership, Marshall, Missouri; to become a bank
holding company by acquiring 49.85 percent of the voting shares of Wood
& Huston Bancorporation, Inc., Marshall, Missouri, and thereby
indirectly acquire South East Missouri Bank, Cape Girardeau, Missouri,
Missouri Southern Bank, West Plains, Missouri, and Wood Huston Bank,
Marshall, Missouri.
2. Pioneer Bancshares, Inc. ESOP, Ponca City, Oklahoma; to become a
bank holding company by acquiring 43.97 percent of the voting shares of
Pioneer Bancshares, Inc., Ponca City, Oklahoma, and thereby indirectly
acquire Pioneer Bank and Trust, Ponca City, Oklahoma.
3. State Bank Employees Stock Ownership Plan, Hoxie, Kansas; to
become a bank holding company by acquiring 45 percent of the voting
shares of Prairie State Bancshares, Inc., Hoxie, Kansas, and thereby
indirectly acquire State Bank, Hoxie, Kansas.
Board of Governors of the Federal Reserve System, October 4,
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-25018 Filed 10-7-94; 8:45 am]
BILLING CODE 6210-01-F
