[Federal Register Volume 63, Number 197 (Tuesday, October 13, 1998)]
[Notices]
[Page 54712]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-27333]
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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 November 6, 1998.
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. City Holding Company, Charleston, West Virginia; to merge with
Horizon Bancorp, Inc., Beckley, West Virginia, and thereby indirectly
acquire Bank of Raleigh, Beckley, West Virginia; First National Bank of
Marlinton, Marlinton, West Virginia; Greenbrier Valley National Bank,
Lewisburg, West Virginia; National Bank of Summers, Hinton, West
Virginia; and The Twentieth Street Bank, Huntington, West Virginia.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Community Spirit Bancshares, Inc., Belmont, Mississippi; to
become a bank holding company by acquiring 100 percent of the voting
shares of Community Spirit Bank, Belmont, Mississippi (in
organization).
2. The Weatherford Foundation of Red Bay, AL, Inc., and Independent
Bancshares, Inc., both of Red Bay, Alabama; to acquire 100 percent of
the voting shares of Community Spirit Bancshares, Inc., Belmont,
Mississippi (in organization), and thereby indirectly acquire Community
Spirit Bank - Mississippi, Belmont, Mississippi (in organization).
C. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. CDS Bancorp, Inc., Spirit Lake, Iowa; to become a bank holding
company by acquiring 100 percent of the voting shares of First Bank &
Trust, Spirit Lake, Iowa.
2. Ida Grove Bancshares, Inc., Ida Grove, Iowa; to acquire 90
percent of the voting shares of First State Bank, Churdan, Iowa.
D. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Community Bancshares, Inc., ESOP, Neosho, Missouri; to acquire
an additional 21.72 percent for a pro forma total of 50 percent of the
voting shares of Community Bancshares, Inc., Neosho, Missouri, and
thereby indirectly acquire Community Bank & Trust, Neosho, Missouri.
Board of Governors of the Federal Reserve System, October 6,
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-27333 Filed 10-9-98; 8:45 am]
BILLING CODE 6210-01-F
