[Federal Register Volume 64, Number 76 (Wednesday, April 21, 1999)]
[Notices]
[Page 19541]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-9898]
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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 May 14, 1999.
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. FCNB Corp, Frederick, Maryland; to merge with First Frederick
Financial Corporation, Frederick, Maryland, and thereby indirectly
acquire First Bank of Frederick, Frederick, Maryland.
In connection with this application, Applicant also has applied to
engage in owning and operating cash dispensing machines in locations
owned or leased by unaffiliated third parties and thereby engage in
data processing activities, through First Frederick Financial
Corporation, pursuant to Sec. 225.218(b)(14) of Regulation Y.
B. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen,
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291,
Minneapolis, Minnesota 55480-0291:
1. Commercial Bancshares, Inc., Minnetonka, Minnesota; to become a
bank holding company by acquire 100 percent of the voting shares of
First Commerce Bank, Bloomington, Minnesota, a de novo bank.
C. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Poteau Bancshares, Inc., Poteau, Oklahoma, and First Poteau
Corporation, Poteau, Oklahoma; to acquire 100 percent of the voting
shares of The First State Bank, Wister, Oklahoma.
D. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. Wells Fargo & Company, San Francisco, California; to acquire 100
percent of the voting shares of Mustang Financial Corp., Rio Vista,
Texas, and thereby indirectly acquire First State Bank, Rio Vista,
Texas.
2. Wells Fargo & Company, San Francisco, California; to acquire 100
percent of the voting shares of Eastern Heights Bank, Maplewood,
Minnesota.
Board of Governors of the Federal Reserve System, April 15,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-9898 Filed 4-20-99; 8:45 am]
BILLING CODE 6210-01-F