94-8557. Fulton Financial Corporation, et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies  

  • [Federal Register Volume 59, Number 69 (Monday, April 11, 1994)]
    [Unknown Section]
    [Page 0]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-8557]
    
    
    [[Page Unknown]]
    
    [Federal Register: April 11, 1994]
    
    
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    FEDERAL RESERVE SYSTEM
    
     
    
    Fulton Financial Corporation, et al.; Formations of; Acquisitions 
    by; and Mergers of Bank Holding Companies
    
        The companies listed in this notice have applied for the Board's 
    approval under section 3 of the Bank Holding Company Act (12 U.S.C. 
    1842) and Sec.  225.14 of the Board's Regulation Y (12 CFR 225.14) to 
    become a bank holding company or to acquire a bank or bank holding 
    company. The factors that are considered in acting on the applications 
    are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
        Each application is 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 to the Reserve Bank or to the offices of the Board of 
    Governors. Any comment on an application that requests a hearing must 
    include a statement of why a written presentation would not suffice in 
    lieu of a hearing, identifying specifically any questions of fact that 
    are in dispute and summarizing the evidence that would be presented at 
    a hearing.
        Unless otherwise noted, comments regarding each of these 
    applications must be received not later than May 6, 1994.
        A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice 
    President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
        1. Fulton Financial Corporation, Lancaster, Pennsylvania; to merge 
    with Mid-Atlantic Bankorp, Hagerstown, Maryland, and thereby indirectly 
    acquire Hagerstown Trust Company, Hagertown, Maryland.
        2. Glen Rock State Bancorp, Inc., Glen Rock, Pennsylvania, to 
    become a bank holding company by acquiring 100 percent of the voting 
    shares of The Glen Rock State Bank, Glen Rock, Pennslyvania. The Bank 
    will be merged with a newly formed interim state bank, Glen Rock 
    Interim State Bank. Upon the effective date of the merger, the 
    resulting bank will be Glen Rock Interim State Bank which will change 
    its name to Glen Rock State Bank.
        B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
    104 Marietta Street, N.W., Atlanta, Georgia 30303:
        1. Westide Financial Corporation, Kennesaw, Georgia; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    The Westside Bank & Trust Company, Kennesaw, Georgia.
        C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
    President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
        1. HSB Financial Corporation, Harwood, Noth Dakota; to become a 
    bank holding company by acquiring 97.6 percent of the voting shares of 
    Harwood State Bank, Harwood, Noth Dakota.
        D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Olney Bancshares of Texas, Inc., Olney, Texas; to become a bank 
    holding company by acquiring 100 percent of the voting shares of 
    Thirdtier, Inc., Wilmington, Delaware, and thereby indirectly acquire 
    Olney Bancorp of Delaware, Inc., Wilmington, Delaware; Olney 
    Bancshares, Inc., Olney, Texas; First Coleman National Bank, Coleman, 
    Texas; Graham National Bank, Graham, Texas; The First National Bank of 
    Olney, Olney, Texas; and Farmers National Bank, Seymour, Texas. In 
    connection with this application, Thirdtier, Inc., Wilmington, 
    Delaware; has applied to become a bank holding company by acquiring 100 
    percent of the voting shares of Olney Bancorp of Delaware, Inc., 
    Wilmington, Delaware; Olney Bancshares, Inc., Olney, Texas; First 
    Coleman National Bank, Coleman, Texas; Graham National Bank, Graham, 
    Texas; The First National Bank of Olney, Olney, Texas; and Farmers 
    National Bank, Seymour, Texas.
    
        Board of Governors of the Federal Reserve System, April 5, 1994.
    Jennifer J. Johnson,
    Associate Secretary of the Board.
    [FR Doc. 94-8557 Filed 4-8-94; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
04/11/1994
Department:
Federal Reserve System
Entry Type:
Uncategorized Document
Document Number:
94-8557
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: April 11, 1994