[Federal Register Volume 63, Number 243 (Friday, December 18, 1998)]
[Notices]
[Page 70131]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-33608]
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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 14, 1999.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Avondale Financial Corp., Chicago, Illinois; to become a bank
holding company by acquiring 100 percent of the voting shares of Coal
City Corporation, Chicago, Illinois, and Manufacturers Corporation,
Chicago, Illinois, and thereby indirectly acquire Manufacturers
National Bank, Chicago, Illinois.
B. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. United Security Bancorporation, Spokane, Washington; to merge
with Bancwest Financial Corporation, Walla Walla, Washington, and
thereby indirectly acquire the Bank of the West, Walla Walla,
Washington.
Board of Governors of the Federal Reserve System, December 15,
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-33608 Filed 12-17-98; 8:45 am]
BILLING CODE 6210-01-F
