[Federal Register Volume 63, Number 203 (Wednesday, October 21, 1998)]
[Notices]
[Pages 56188-56189]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-28188]
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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.)
[[Page 56189]]
(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 13, 1998.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Richland County Bancshares, Inc., Richland Center, Wisconsin;
become a bank holding company by acquiring 100 percent of the voting
shares of Richland County Bank, Richland Center, Wisconsin.
B. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking Supervisor)
1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Sky Financial Group, Inc., Salineville, Ohio (formerly known as
Citizens Bancshares, Inc.); to acquire 100 percent of the voting shares
of The Ohio Bank, Findlay, Ohio, and Citizens Bancshares Interim Bank,
Salineville, Ohio.
C. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager of
Analytical Support, Consumer Regulation Group) 101 Market Street, San
Francisco, California 94105-1579:
1. Bay View Capital Corporation, San Mateo, California; to become a
bank holding company by acquiring 100 percent of the voting shares of
Bay View Bank, N.A., San Mateo, California. Bay View Bank, N.A.,
currently operates as Bay View Bank.
In connection with this application, Applicant also has applied to
acquire Regent Financial Corporation, San Mateo, California, and
thereby engage in check processing activities, pursuant to
Secs. 225.28(b)(9), (b)(10)(i), and (b)(14) of Regulation Y; and Bay
Commercial Finance Group, San Mateo, California, and thereby engage in
lending activities, pursuant to Sec. 225.28(b)(1) of Regulation Y.
D. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager of
Analytical Support, Consumer Regulation Group) 101 Market Street, San
Francisco, California 94105-1579:
1. Western Sierra Bancorp, Cameron Park, California; to acquire 100
percent of the voting shares of Lake Community Bank, Lakeport,
California.
Board of Governors of the Federal Reserve System, October 15,
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-28188 Filed 10-20-98; 8:45 am]
BILLING CODE 6210-01-P