99-32932. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [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
    
    
    

Document Information

Published:
12/21/1999
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
99-32932
Pages:
71457-71457 (1 pages)
PDF File:
99-32932.pdf