[Federal Register Volume 63, Number 248 (Monday, December 28, 1998)]
[Notices]
[Pages 71473-71474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-34185]
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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
[[Page 71474]]
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 22, 1998.
A. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. Wells Fargo & Company, San Francisco, California; to acquire
Mercantile Financial Enterprises, Inc., Brownsville, Texas; and thereby
indirectly acquire Mercantile Bank, N.A., Brownsville, Texas.
Board of Governors of the Federal Reserve System, December 21,
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-34185 Filed 12-24-98; 8:45 am]
BILLING CODE 6210-01-F
