[Federal Register Volume 64, Number 249 (Wednesday, December 29, 1999)]
[Notices]
[Page 73049]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-33725]
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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 21, 2000.
A. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Centerstate Banks of Florida, Inc., Winter Haven, Florida; to
become a bank holding company by acquiring 100 percent of the voting
shares of First National Bank of Osceola County, Kissimmee, Florida,
and thereby indirectly acquire Community National Bank of Pasco County,
Zephyrhills, Florida, and First National Bank of Polk County, Winter
Haven, Florida.
2. Century South Banks, Inc., Dahlonega, Georgia; to merge with
Lanier Bankshares, Inc., Gainesville, Georgia, and thereby indirectly
acquire Lanier National Bank, Gainesville, Georgia.
B. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. PremierWest Bancorp, Medford, Oregon; to become a bank holding
company by acquiring 100 percent of the voting shares of Bank of
Southern Oregon, Medford, Oregon, and 100 percent of the voting shares
of United Bancorp, Roseburg, Oregon, and thereby indirectly acquire
Douglas National Bank, Roseburg, Oregon.
In connection with this application, Applicant has also applied to
acquire DNB Mortgage Company, Roseburg, Oregon, and thereby engage in
making, acquiring, brokering, or servicing loans or other extensions of
credit, pursuant to Sec. 225.28(b)(1) of Regulation Y.
Board of Governors of the Federal Reserve System, December 22,
1999.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 99-33725 Filed 12-28-99; 8:45 am]
BILLING CODE 6210-01-F
