[Federal Register Volume 60, Number 230 (Thursday, November 30, 1995)]
[Notices]
[Page 61555]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-29276]
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FEDERAL RESERVE SYSTEM
ABS Investors, LLC, 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 26, 1995.
A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. ABS Investors, LLC, Atlanta, Georgia; to become a bank holding
company by acquiring 50.1 percent of the voting shares of American
Bankshares, Inc., Marietta, Georgia, and thereby indirectly acquire
Cobb American Bank & Trust Company, Marietta, Georgia.
B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Crosstown Holding Company, Ham Lake, Minnesota; to merge with
Balaton Agency, Inc., Balaton, Minnesota, and thereby indirectly
acquire 21st Century Bank, Balaton, Minnesota.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Quanah Financial Corporation Employee Stock Ownership Plan,
Quanah, Texas; to become a bank holding company by acquiring 31.23
percent of the voting shares of Quanah Financial Corporation, Quanah,
Texas, and thereby indirectly acquire Quanah Bancshares, Inc., Quanah,
Texas, and First National Bank, Quanah, Texas.
In connection with this application, Quanah Financial Corporation,
Quanah, Texas, also has applied to become a bank holding company by
acquiring 100 percent of the voting shares of Quanah Bancshares, Inc.,
Quanah, Texas, and thereby indirectly acquire First National Bank,
Quanah, Texas.
Board of Governors of the Federal Reserve System, November 27,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-29276 Filed 11-29-95; 8:45 am]
BILLING CODE 6210-01-F
