[Federal Register Volume 62, Number 51 (Monday, March 17, 1997)]
[Notices]
[Page 12646]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6658]
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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 April 11, 1997.
A. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480-2171:
1. Community First Bankshares, Inc., Fargo, North Dakota; to
acquire 100 percent of the voting shares of KeyBank National
Association (Wyoming), Cheyenne, Wyoming.
B. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
1. MAXLOU Bancshares, Inc., Tahlequah, Oklahoma; to become a bank
holding company by acquiring 81.82 percent of the voting shares of
First State Bank, Tahlequah, Oklahoma.
In connection with this application, Applicant also has applied to
acquire Liberty Finance, Inc., Tahlequah, Oklahoma, and thereby engage
in operating as a consumer finance company and as such, make and
service consumer loans, pursuant to Sec. 225.25 (b)(1) of the Board's
Regulation Y.
C. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105-1579:
1. California Community LLC, Los Angeles, California; to acquire 77
percent of the voting shares of First Coastal Bancshares, El Segundo,
California, and thereby indirectly acquire First Coastal Bank, N.A., El
Segundo, California.
2. First Coastal Bancshares, El Segundo, California; to become a
bank holding company by acquiring 100 percent of the voting shares of
First Coastal Bank, N.A., El Segundo, California.
Board of Governors of the Federal Reserve System, March 12,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-6658 Filed 3-14-97; 8:45 am]
BILLING CODE 6210-01-F
