[Federal Register Volume 62, Number 40 (Friday, February 28, 1997)]
[Notices]
[Pages 9190-9191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-4989]
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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. Once the application has been accepted
for processing, it will also 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 24, 1997.
A. Federal Reserve Bank of Cleveland (R. Chris Moore, Senior Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. CB Bancorp, Inc., Higginsport, Ohio; to become a bank holding
company by acquiring 100 percent of the voting shares of The Citizens
Bank, Higginsport, Ohio.
2. Commercial Bancshares Savings and Employee Stock Ownership Plan,
West Liberty, Kentucky; to become a bank holding company by acquiring
32 percent of the voting shares of Commercial Bancshares, Inc., West
Liberty, Kentucky, and thereby indirectly acquire Commercial Bank, West
Liberty, Kentucky.
B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Guaranty Financial Corporation, Charlottesville, Virginia; to
become a bank holding company by acquiring 100 percent of the voting
shares of Guaranty Bank, Charlottesville, Virginia, the
[[Page 9191]]
proposed successor by merger to Guaranty Savings & Loan, F.A.,
Charlottesville, Virginia.
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Illinois Community Bank, Inc., Effingham, Illinois; to become a
bank holding company by acquiring 100 percent of the voting shares of
Illinois Community Bank, Effingham, Illinois, which will convert from
Guarantee Savings Bank, FSB.
In connection with this Illinois Community Bancorp, Effingham,
Illinois, has also applied to acquire Illinois Leasing Corporation,
Inc., Effingham, Illinois, and thereby engage in leasing programs,
pursuant to Sec. 225.25 (b)(5)(i) ofthe Board's Regulation Y.
D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Eden Financial Corporation, San Angelo, Texas; to acquire 100
percent of the voting shares of The First State Bank of Rankin, Rankin,
Texas.
E. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105-1579:
1. Castle Creek Capital Partners Fund-I, L.P., Castle Creek
Capital, L.L.C., and Eggemeyer Advisory Corporation, all of San Diego,
California; to acquire up to 14.9 percent of the voting shares of
Rancho Santa Fe National Bank, Rancho Santa Fe, California, and up to
14.9 percent of the voting shares of First Community Bank of Desert,
Yucca Valley, California.
Board of Governors of the Federal Reserve System, February 24,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-4989 Filed 2-27-97; 8:45 am]
BILLING CODE 6210-01-F
