98-34338. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 63, Number 248 (Monday, December 28, 1998)]
    [Notices]
    [Page 71474]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-34338]
    
    
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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 22, 1998.
        A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
    Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
        1. Greenville Community Financial Corporation, Greenville, 
    Michigan; to become a bank holding company by acquiring 100 percent of 
    the voting shares of Greenville Community Bank, Greenville, Michigan 
    (in organization).
        B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
    Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
    64198-0001:
        1. Durant Bancorp, Inc., Durant, Oklahoma; to acquire 100 percent 
    of the voting shares of Security National Bancshares of Sapulpa, Inc., 
    Sapulpa, Oklahoma; and thereby indirectly acquire Security National 
    Bank of Sapulpa, Sapulpa, Oklahoma.
        C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
    President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Bauer Management, Inc., and Bauer Investments, Ltd., both of 
    Port Lavaca, Texas; to become bank holding companies by acquiring 60.30 
    percent of the voting shares of The First National Bank, Port Lavaca, 
    Texas, and 63.5 percent of the voting shares of Seaport Bank, Seadrift, 
    Texas.
    
        Board of Governors of the Federal Reserve System, December 22, 
    1998.
    Robert deV. Frierson,
    Associate Secretary of the Board.
    [FR Doc. 98-34338 Filed 12-24-98; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
12/28/1998
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
98-34338
Pages:
71474-71474 (1 pages)
PDF File:
98-34338.pdf