[Federal Register Volume 63, Number 228 (Friday, November 27, 1998)]
[Notices]
[Page 65595]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-31565]
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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 December 21, 1998.
A. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen,
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291,
Minneapolis, Minnesota 55480-0291:
1. Fishback Financial Corporation, Brookings, South Dakota; to
acquire 100 percent of the voting shares of Pipestone Bancshares, Inc.,
Pipestone, Minnesota, and thereby indirectly acquire First National
Bank and Trust, Pipestone, Minnesota, and First National Bank of
Garretson, Garretson, South Dakota.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Barret Bancorp, Inc., Barretville, Tennessee; to become a bank
holding company by acquiring 100 percent of the voting shares of
Barretville Bank & Trust Company, Barretville, Tennessee, and 39
percent of the voting shares of Somerville Bank & Trust Company,
Somerville, Tennessee.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Ace Gas, Inc., Deshler, Nebraska, and Gibbon Exchange Company,
Gibbon, Nebraska; to acquire 100 percent of the voting shares of
Junction City First National Co., Junction City, Kansas; and thereby
indirectly acquire First National Bank, Junction City, Kansas.
D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. WB&T Bancshares, Inc., Duncanville, Texas, and WB&T Delaware
Bancshares, Inc., Wilmington, Delaware; to become bank holding
companies by acquiring 100 percent of the voting shares of Western Bank
& Trust, Duncanville, Texas.
Board of Governors of the Federal Reserve System, November 20,
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-31565 Filed 11-25-98; 8:45 am]
BILLING CODE 6210-01-F
