[Federal Register Volume 64, Number 244 (Tuesday, December 21, 1999)]
[Notices]
[Page 71457]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-32932]
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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 (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 January 14, 2000.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. U.S. Trust Corporation, New York, New York, and NCT Holdings,
Inc. Greensboro, North Carolina; to acquire 100 percent of the voting
shares of U.S. Trust Company of North Carolina, Greensboro, North
Carolina. NCT Holdings, Inc., also has applied to become a bank holding
company.
B. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Wewahitchka State Bank Employee Stock Ownership
Plan,Wewahitchka, Florida; to acquire 43 percent of the voting shares
of Gulf Coast Community Bancshares, Inc., Wewahitchka, Florida, and
thereby indirectly acquire Wewahitchka State Bank, Wewahitchka,
Florida.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Valley View Bancshares, Inc., Overland Park, Kansas; to acquire
90 percent of the voting shares of Bank of Lee's Summit, Lee's Summit,
Missouri.
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. Bank of Whitman ESOP, Colfax, Washington; to acquire 44 percent
of the voting shares of Whitman Bancorporation, Colfax, Washington, and
thereby indirectly acquire Bank of Whitman, Colfax, Washington.
In connection with this application, Applicant also has applied to
acquire B.O.W.F.I., Inc., Colfax, Washington, and thereby engage in
making and servicing loans, pursuant to Sec. 225.28(b)(1) of
Regulation Y.
Board of Governors of the Federal Reserve System, December 15,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-32932 Filed 12-20-99; 8:45 am]
BILLING CODE 6210-01-F