[Federal Register Volume 63, Number 35 (Monday, February 23, 1998)]
[Notices]
[Page 8981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-4387]
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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 March 19, 1998.
A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. First Citizens Banc Corp., Sandusky, Ohio; to acquire 100
percent of the voting shares of The Farmers State Bank of New
Washington, New Washington, Ohio.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. First American Corporation, and First American National Bank,
both of Nashville, Tennessee; to merge with Victory Bancshares Inc.,
Memphis, Tennessee, and thereby indirectly acquire Victory Bank and
Trust Company, Memphis, Tennessee. Comments regarding this application
must be received by March 9, 1998.
C. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice
President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota
55480-0291:
1. Farmers State Corporation, Mountain Lake, Minnesota; to acquire
100 percent of the voting shares of Community Bank New Ulm, New Ulm,
Minnesota.
D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. First Azle Bancshares, Inc., Employee Stock Ownership Plan,
Azle, Texas; to become a bank holding company by acquiring 26.20
percent of the voting shares of First Azle Bancshares, Inc., Azle,
Texas, and thereby indirectly acquire First Bank, Azle, Texas.
Board of Governors of the Federal Reserve System, February 17,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-4387 Filed 2-20-98; 8:45 am]
BILLING CODE 6210-01-F
