[Federal Register Volume 59, Number 226 (Friday, November 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29039]
[[Page Unknown]]
[Federal Register: November 25, 1994]
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FEDERAL RESERVE SYSTEM
Centura Banks, Inc., et al.; Formations of; Acquisitions by; and
Mergers of Bank Holding Companies
The companies listed in this notice have 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)).
Each 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 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.
Unless otherwise noted, comments regarding each of these
applications must be received not later than December 19, 1994.
A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
1. Centura Banks, Inc., Rocky Mount, North Carolina; to acquire 100
percent of the voting shares of Cleveland Interim Bank, Shelby, North
Carolina (successor by conversion to Cleveland Federal Bank, a savings
bank).
2. Triangle Bancorp, Inc., Raleigh, North Carolina; to merge with
Atlantic Community Bancorp. Inc., Rocky Mount, North Carolina, and
thereby indirectly acquire Unity Bank & Trust Company, Rocky Mount,
North Carolina.
Board of Governors of the Federal Reserve System, November 18,
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-29039 Filed 11-23-94; 8:45 am]
BILLING CODE 6210-01-F
