[Federal Register Volume 64, Number 224 (Monday, November 22, 1999)]
[Notices]
[Page 63814]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30398]
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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 (12 U.S.C. 1843). 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 December 17, 1999.
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Centura Banks, Inc., Rocky Mount, North Carolina; to merge with
Triangle Bancorp, Inc., Raleigh, North Carolina, and thereby indirectly
acquire Triangle Bank, Raleigh, North Carolina, and Bank of
Mecklenburg, Charlotte, North Carolina.
In connection with this application, Applicant also has applied to
acquire Coastal Leasing LLC, Greenville, North Carolina, and thereby
engage in leasing activities, pursuant to Sec. 225.28(b)(3) of
Regulation Y.
B. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Team Financial ESOP; Team Financial Acquisition Subsidiary,
Inc.; and Team Financial, Inc., all of Paola, Kansas; to acquire 100
percent of the voting shares of Fort Calhoun Investment Co., Fort
Calhoun, Nebraska, and thereby indirectly acquire Fort Calhoun State
Bank, Fort Calhoun, Nebraska.
In connection with this application, Applicants also have applied
to acquire Fort Calhoun Investment Co., Fort Calhoun, Nebraska, and
thereby engage in insurance activities in a town of less than 5,000 in
population, pursuant to Sec. 225.28(b)(11)(iii) of Regulation Y.
Board of Governors of the Federal Reserve System, November 17,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-30398 Filed 11-19-99; 8:45 am]
BILLING CODE 6210-01-F
