[Federal Register Volume 64, Number 55 (Tuesday, March 23, 1999)]
[Notices]
[Page 13995]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-6947]
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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 16, 1999.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. Hudson City MHC and Hudson City Bancorp Inc., both of Paramus,
New Jersey; to become bank holding companies by acquiring 100 percent
of the voting shares of Hudson City Savings Bank, Paramus, New Jersey.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Iowa Community Bancorp, Inc., Creston, Iowa; to become a bank
holding company by acquiring 100 percent of the voting shares of Union-
Adams Bancorp, Creston, Iowa, and thereby indirectly acquire Iowa State
Savings Bank, Creston, Iowa.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Swedish-American Bancshares, Inc., Courtland, Kansas; to become
a bank holding company by acquiring 100 percent of the voting shares of
Swedish-American State Bank, Courtland, Kansas.
D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Cullen/Frost Bankers, Inc., San Antonio, Texas; to merge with
Commerce Financial Corporation, Fort Worth, Texas, and thereby
indirectly acquire Bank of Commerce, Fort Worth, Texas.
Board of Governors of the Federal Reserve System, March 17,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-6947 Filed 3-22-99; 8:45 am]
BILLING CODE 6210-01-F
