[Federal Register Volume 60, Number 237 (Monday, December 11, 1995)]
[Notices]
[Page 63529]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-30141]
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FEDERAL RESERVE SYSTEM
Storm Lake Security Bancorporation, 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 January 9, 1996.
A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Storm Lake Security Bancorporation, Storm Lake, Iowa; to become
a bank holding company by acquiring 88.8 percent of the voting shares
of Security Trust & Savings Bank, Storm Lake, Iowa.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Magna Group, Inc., St. Louis, Missouri; to merge with River Bend
Bancshares, Inc., East Alton, Illinois, and thereby indirectly acquire
Illinois State Bank & Trust, East Alton, Illinois.
Board of Governors of the Federal Reserve System, December 6,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-30141 Filed 12-8-95; 8:45 am]
BILLING CODE 6210-01-F
