[Federal Register Volume 63, Number 211 (Monday, November 2, 1998)]
[Notices]
[Pages 58739-58740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29194]
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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 27, 1998.
A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
1. ACNB Corporation, Gettysburg, Pennsylvania; to acquire 100
percent of, and thereby merge with, Farmers National Bancorp, Inc.,
Newville, Pennsylvania, and thereby indirectly acquire Farmers National
Bank of Newville, Newville, Pennsylvania.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104
[[Page 58740]]
Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Aliant Financial Corporation, Alexander City, Alabama; to become
a bank holding company by acquiring 100 percent of the voting shares of
Aliant National Corporation, Alexander City, Alabama, and thereby
indirectly acquire Aliant Bank, Alexander City, Alabama.
2. InSouth Florida, Inc., Naples, Florida; to become a bank holding
company by acquiring 100 percent of the voting shares of First Western
Bank, Cooper City, Florida.
C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Farmers Bancshares, Inc., Center, Texas; to acquire 100 percent
of the voting shares of Carthage Bancshares, Inc., Carthage, Texas, and
thereby indirectly acquire First National Bank, Carthage, Texas.
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. Frontier Financial Corporation, Everett, Washington; to acquire
up to 9.9 percent of the voting shares of Washington Banking Company,
Oak Harbor, Washington, and thereby indirectly acquire Whidbey Island
Bank, Oak Harbor, Washington.
Board of Governors of the Federal Reserve System, October 27,
1997.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-29194 Filed 10-30-98; 8:45 am]
BILLING CODE 6210-01-F
