[Federal Register Volume 59, Number 80 (Tuesday, April 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-10022]
[[Page Unknown]]
[Federal Register: April 26, 1994]
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FEDERAL RESERVE SYSTEM
Ambank Company, Inc.; 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 20, 1994.
A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Ambank Company, Inc, Sioux Center, Iowa; to acquire 53.33
percent of the voting shares of Remsen Financial Services, Inc.,
Council Bluffs, Iowa, and thereby indirectly acquire First Trust &
Savings Bank, NA., Remsen, Iowa.
B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. First National Bank of Bemidji Employee Stock Ownership Plan &
Trust, Bemidji, Minnesota; to acquire an additional 7.23 percent, for a
totol of 40.09 percent of the Class A voting shares of First Bemidji
Holding Company, Bemidji, Minnesota, and thereby indirectly acquire
First National Bank of Bemidji, Bemidji, Minnesota.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. First International Bancorp America, Reno, Nevada; to become a
bank holding company by acquiring 100 percent of the voting shares of
First International Bank, Bedford, Texas.
2. First International Bancorp Texas, Inc., Bedford, Texas; to
become a bank holding company by acquiring 100 percent of the voting
shares of First International Bancorp America, Reno, Nevada, and
thereby indirectly acquire First International Bank, Bedford, Texas.
Board of Governors of the Federal Reserve System, April 20,
1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-10022 Filed 4-25-94; 8:45 am]
BILLING CODE 6210-01-F