[Federal Register Volume 63, Number 61 (Tuesday, March 31, 1998)]
[Notices]
[Pages 15420-15421]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-8280]
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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 24, 1998.
A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Employee Stock Ownership Trust of People's Bank and Trust
Company of Pickett County, Byrdstown, Tennessee; to acquire 40 percent
of the voting shares of Upper Cumberland Bancshares, Inc., Byrdstown,
Tennessee, and thereby indirectly acquire Peoples Bank and Trust
Company of Pickett County, Byrdstown, Tennessee.
B. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Hall Properties, LP, Perry, Oklahoma; to become a bank holding
[[Page 15421]]
company by acquiring 40 percent of the voting shares of Perry
Bancshares, Inc., Perry, Oklahoma, and thereby indirectly acquire
Exchange Bank & Trust Company, Perry, Oklahoma.
Board of Governors of the Federal Reserve System, March 25,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-8280 Filed 3-30-98; 8:45 am]
BILLING CODE 6210-01-F
