94-9239. Keystone Financial, Inc., et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies  

  • [Federal Register Volume 59, Number 74 (Monday, April 18, 1994)]
    [Unknown Section]
    [Page 0]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-9239]
    
    
    [[Page Unknown]]
    
    [Federal Register: April 18, 1994]
    
    
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    FEDERAL RESERVE SYSTEM
     
    
    Keystone Financial, Inc., 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 12, 1994.
        A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice 
    President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
        1. Keystone Financial, Inc., Harrisburg, Pennsylvania; to merge 
    with The Frankford Corporation, Philadelphia, Pennsylvania, and thereby 
    indirectly acquire Frankford Trust Company, Philadelphia, Pennsylvania.
        B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
    Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
        1. City Holding Company, Charleston, West Virginia; to acquire 100 
    percent of the voting shares of Lincoln Savings Bank, Carnegie, 
    Pennsylvania.
        C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
    President) 230 South LaSalle Street, Chicago, Illinois 60690:
        1. Heritage Financial Services, Inc., Tinley Park, Illinois; to 
    acquire 100 percent of the voting shares of Midlothian State Bank, 
    Midlothian, Illinois.
        2. The Second Fourth Street Financial Corp., Pekin, Illinois; to 
    become a bank holding company by acquiring 100 percent of the voting 
    shares of Herget Financial Corp., Pekin, Illinois; and thereby 
    indirectly acquire The Herget National Bank of Pekin, Pekin, Illinois.
        D. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
    President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
        1. G.B. Financial Services, Inc., Greenbush, Minnesota; to become a 
    bank holding company by acquiring 60 percent of the voting shares of 
    Greenbush Bancshares, Inc., Greenbush, Minnesota, and thereby 
    indirectly acquire Greenbush State Bank, Greenbush, Minnesota.
        E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. First Bancorp, Inc., Denton, Texas; to acquire 100 percent of 
    the voting shares of Bedford National Bank, Bedford, Texas.
        2. First Delaware Bancorp, Inc., Dover, Delaware; to acquire 100 
    percent of the voting shares of Bedford National Bank, Bedford, Texas.
        3. Texas Financial Bancorporation, Inc., Minneapolis, Minnesota; to 
    acquire 100 percent of the voting shares of Bedford National Bank, 
    Bedford, Texas.
        F. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
    Director, Bank Holding Company) 101 Market Street, San Francisco, 
    California 94105:
        1. First Commercial Bank, Taipei, Taiwan; to become a bank holding 
    by acquiring 100 percent of the voting shares of FCB Taiwan California 
    Bank, San Gabriel Valley, California, a de novo bank.
    
        Board of Governors of the Federal Reserve System, April 12, 
    1994.
    Jennifer J. Johnson,
    Associate Secretary of the Board.
    [FR Doc. 94-9239 Filed 4-15-94; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
04/18/1994
Department:
Federal Reserve System
Entry Type:
Uncategorized Document
Document Number:
94-9239
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: April 18, 1994