[Federal Register Volume 63, Number 37 (Wednesday, February 25, 1998)]
[Notices]
[Page 9547]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-4797]
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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 23, 1998.
A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Citizens Bancshares, Inc., Salineville, Ohio; to acquire 100
percent of the voting shares of Century Financial Corporation,
Rochester, Pennsylvania, and thereby indirectly acquire Century
National Bank and Trust Company, Rochester, Pennsylvania.
B. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice
President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota
55480-0291:
1. Norwest Corporation, Minneapolis, Minnesota; to acquire 100
percent of the voting shares of First Bank, Katy, Texas.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Bethany Bancshares, Inc., Bethany, Missouri; to acquire up to
100 percent of the voting shares of Gallatin/New Hampton Bancshares,
Inc., Albany, Missouri, and thereby indirectly acquire Bank of
Gallatin/First State Bank, Gallatin, Missouri.
Board of Governors of the Federal Reserve System, February 20,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-4797 Filed 2-24-98; 8:45 am]
BILLING CODE 6210-01-F
