[Federal Register Volume 63, Number 53 (Thursday, March 19, 1998)]
[Notices]
[Page 13410]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-7075]
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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 April 13, 1998.
A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Cincinnati Financial Corporation, Cincinnati, Ohio; to acquire
shares of FirstMerit Corporation, Akron, Ohio, and thereby indirectly
acquire Citizens National Bank, Canton, Ohio; FirstMerit Bank, N.A.,
Akron, Ohio; Peoples Bank, N.A., Ashtabula, Ohio; and Peoples National
Bank, Wooster, Ohio. FirstMerit received the Board's approval to
acquire CoBancorp, Elyria, Ohio, and its subsidiaries Premier Bank &
Trust, Elyria, Ohio and Jefferson Savings Bank, West Jefferson, Ohio.
2. Heritage Capital Corporation, Ashland, Kentucky; to become a
bank holding company by acquiring 100 percent of the voting shares of
Heritage Bank of Ashland, Inc., Ashland, Kentucky, a de novo
institution.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Halbur Bancshares, Inc., Halbur, Iowa; to acquire at least 97.2
percent of the voting shares of Westside Banco, Inc., Westside, Iowa,
and thereby indirectly acquire Westside State Savings Bank, Westside,
Iowa.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. First York Ban Corp., York, Nebraska; to acquire 60 percent of
the voting shares of NebraskaLand National Bank, North Platte,
Nebraska, a de novo insitition.
Board of Governors of the Federal Reserve System, March 13,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-7075 Filed 3-18-98; 8:45 am]
BILLING CODE 6210-01-F