95-28984. UJB Financial Corp, et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies  

  • [Federal Register Volume 60, Number 228 (Tuesday, November 28, 1995)]
    [Notices]
    [Page 58627]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-28984]
    
    
    
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    FEDERAL RESERVE SYSTEM
    
    UJB Financial Corp, 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 22, 1995.
        A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
    Vice President) 33 Liberty Street, New York, New York 10045:
        1. UJB Financial Corp, Princeton, New Jersey; to merge with The 
    Summit Bancorporation, Chatham, New Jersey, and thereby indirectly 
    acquire Summit Bank, Chatham, New Jersey.
        B. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
    President) 1455 East Sixth Street, Cleveland, Ohio 44101:
        1. Community First Bancorp, Inc., Reynoldsville, Pennsylvania; to 
    become a bank holding company by acquiring 100 percent of the voting 
    shares of The First National Bank of Reynoldsville, Reynoldsville, 
    Pennsylvania.
        C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
    President) 230 South LaSalle Street, Chicago, Illinois 60690:
        1. FNB Financial Corporation, Three Rivers, Michigan; to become a 
    bank holding company by acquring 100 percent of the voting shares of 
    The First National Bank of Three Rivers, Three Rivers, Michigan.
        D. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
    Director, Bank Holding Company) 101 Market Street, San Francisco, 
    California 94105:
        1. Wells Fargo & Company San Francisco, California; to acquire at 
    least 50.1 percent of the voting shares of First Interstate Bancorp, 
    Los Angeles, California, and thereby indirectly acquire First 
    Interstate Bank of Alaska, N.A., Anchorage, Alaska; First Interstate 
    Bank of Arizona, N.A., Phoenix, Arizona; First Interstate Bank of 
    California, Los Angeles, California; First Interstate Bank of Denver, 
    N.A., Denver, Colorado; First Interstate Bank of Englewood, N.A., 
    Englewood, Colorado; First Interstate Bank of Idaho, N.A., Boise, 
    Idaho; First Interstate Bank of Montana, N.A., Kalispell, Montana; 
    First Interstate Bank of Nevada, N.A., Las Vegas, Nevada; First 
    Interstate Bank of New Mexico, N.A., Santa Fe, New Mexico; First 
    Interstate Bank of Oregon, N.A., Portland, Oregon; First Interstate 
    Bank of Texas, N.A., Houston, Texas; First Interstate Bank of Utah, 
    N.A., Salt Lake City, Utah; First Interstate Bank of Washington, N.A., 
    Seattle, Washington; First Interstate Bank of Wyoming, N.A., Casper, 
    Wyoming; First Interstate Bank, Ltd., Los Angeles, California; and 
    First Interstate Central Bank, Calabasas, California.
    
        Board of Governors of the Federal Reserve System, November 21, 
    1995.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 95-28984 Filed 11-27-95; 8:45 am]
    BILLING CODE 6210-01-F
    
    

Document Information

Published:
11/28/1995
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
95-28984
Pages:
58627-58627 (1 pages)
PDF File:
95-28984.pdf