98-33040. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 63, Number 239 (Monday, December 14, 1998)]
    [Notices]
    [Pages 68767-68768]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-33040]
    
    
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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 January 7, 1999.
        A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411
    
    [[Page 68768]]
    
    Locust Street, St. Louis, Missouri 63102-2034:
        1. McIlroy Family Limited Partnership, Bowling Green, Missouri; to 
    become a bank holding company by acquiring 33.55 percent of the voting 
    shares of Community State Bank of Bowling Green, Bowling Green, 
    Missouri.
        2. Union Planters Corporation, Memphis, Tennessee, and its wholly 
    owned subsidiary, Union Planters Holding Corporation, Memphis, 
    Tennessee; to acquire 100 percent of the voting shares of First & 
    Farmers Bancshares, Inc., Somerset, Kentucky, and thereby indirectly 
    acquire First & Farmers Bank of Somerset, Somerset, Kentucky, and Bank 
    of Cumberland, Burkesville, Kentucky.
        B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
    Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
    64198-0001:
        1. Adbanc, Inc., Ogallala, Nebraska; to acquire 100 percent of the 
    voting shares of Indianola Agency, Inc., Indianola, Nebraska; and 
    thereby indirectly acquire Bank of Indianola, Indianola, Nebraska.
        C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
    President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Overton Financial Corporation, Overton, Texas; and its wholly 
    owned subsidiary, Overton Delaware Corporation, Dover, Delaware; to 
    acquire an additional 0.95 percent, for a total of 33.07 percent of the 
    voting shares of Longview Financial Corporation, Longview, Texas, and 
    thereby indirectly acquire Longview Delaware Corp. Dover, Delaware, 
    First State Bank, Van, Texas, and Longview Bank and Trust Company, 
    Longview, Texas.
        D. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
    of Analytical Support, Consumer Regulation Group) 101 Market Street, 
    San Francisco, California 94105-1579:
        1. Western Acquisition Partners, L.P., and Western Acquisitions, 
    L.L.C., both of Washington, DC; to acquire up to 100 percent of the 
    voting shares of West Coast Bancorp, and thereby indirectly acquire 
    Sunwest Bank, both of Tustin, California.
        Board of Governors of the Federal Reserve System, December 8, 1998.
    Robert deV. Frierson,
    Associate Secretary of the Board.
    [FR Doc. 98-33040 Filed 12-11-98; 8:45 am]
    BILLING CODE 6210-01-P
    
    
    

Document Information

Published:
12/14/1998
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
98-33040
Pages:
68767-68768 (2 pages)
PDF File:
98-33040.pdf