[Federal Register Volume 64, Number 215 (Monday, November 8, 1999)]
[Notices]
[Pages 60819-60820]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-29105]
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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
[[Page 60820]]
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 3, 1999.
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Heritage Bancshares, Inc., Lucama, North Carolina; to become a
bank holding company by acquiring 100 percent of the voting shares of
The Heritage Bank, Lucama, North Carolina.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. The Leaders Group, Inc., Oak Brook, Illinois; to become a bank
holding company by acquiring 100 percent of the voting shares of The
Leaders Bank (in organization), Oak Brook, Illinois.
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Walden Financial Group, Inc., Pocahontas, Arkansas; to merge
with Rainbow Investment Company, Inc., Tuckerman, Arkansas, and thereby
indirectly acquire Bank of Tuckerman, Tuckerman, Arkansas.
Board of Governors of the Federal Reserve System, November 2,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-29105 Filed 11-5-99; 8:45 am]
BILLING CODE 6210-01-F
