[Federal Register Volume 62, Number 248 (Monday, December 29, 1997)]
[Notices]
[Page 67641]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33775]
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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 Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. First Commercial Corporation, Little Rock, Arkansas; to acquire
100 percent of the voting shares of First Commercial Bank N.A. of West
Memphis, West Memphis, Arkansas, which will be the successor to the
conversion of Federal Savings Bank, Rogers, Arkansas, from a federally
chartered savings bank to a nationally chartered commercial bank.
In connection with this application, Applicant also has applied to
acquire KW Bancshares, Inc., Little Rock, Arkansas, and thereby
indirectly acquire its wholly owned thrift subsidiary, Federal Savings
Bank, Rogers, Arkansas, and thereby engage in acquiring a savings
institution, pursuant to Sec. 225.28(b)(4)(ii) of the Board's
Regulation Y. Following consummation of the acquisition, Federal
Savings Bank will convert to a nationally chartered commercial bank.
2. United Bankshares, Inc., Charleston, West Virginia; to acquire
100 percent of the voting shares of George Mason Bankshares, Inc.,
Fairfax, Virginia, and thereby indirectly acquire The George Mason
Bank, Fairfax, Virginia.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Alliance Bancorporation, Inc., Hot Springs, Arkansas; to become
a bank holding company by acquiring 100 percent of the voting shares of
Alliance Bank of Hot Springs, Hot Springs, Arkansas.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Gold Banc Corporation, Inc., Leawood, Kansas; to acquire 100
percent of the voting shares of First National Bancshares, Inc., Alma,
Kansas, and thereby indirectly acquire First National Bank in Alma,
Alma, Kansas.
Board of Governors of the Federal Reserve System, December 22,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-33775 Filed 12-24-97; 8:45 am]
BILLING CODE 6210-01-F
