01-10018. Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).

The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than May 8, 2001.

A. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

1. Aaron D. Levorsen, Elgin, North Dakota; to acquire voting shares of Elgin Bancshares, Inc., Elgin, North Dakota and thereby indirectly acquire shares of Farmers State Bank, Elgin, North Dakota.

B. Federal Reserve Bank of San Francisco (Maria Villanueva, Consumer Regulation Group) 101 Market Street, San Francisco, California 94105-1579:

1. Peter Eliades, Las Vegas, Nevada; to retain voting shares of Business Bank Corp., Las Vegas, Nevada, and thereby indirectly retain voting shares of Business Bank of Nevada, Las Vegas, Nevada.

Board of Governors of the Federal Reserve System, April 18, 2001.

Robert deV. Frierson

Associate Secretary of the Board.