[Federal Register Volume 64, Number 89 (Monday, May 10, 1999)]
[Notices]
[Page 25041]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-11588]
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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 June 3, 1999.
A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
1. BT Financial Corporation, Johnstown, Pennsylvania; to acquire
100 percent of the voting shares of First Philson Corp., Berlin,
Pennsylvania, and thereby indirectly acquire First Philson Bank, N.A.,
Berlin, Pennsylvania.
2. First Leesport Bancorp, Inc., Leesport, Pennsylvania; to merge
with Merchants of Shenadoah Ban-Corp, Shenadoah, Pennsylvania, and
thereby indirectly acquire Merchants Bank of Pennsylvania, Shenadoah,
Pennsylvania.
B. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. The Sanwa Bank, Limited, Osaka, Japan; to acquire up to 32
percent of the voting share of the Toyo Trust and Banking Company,
Tokyo, Japan, and thereby indirectly acquire Toyo Trust Company of New
York, New York, New York.
Board of Governors of the Federal Reserve System, May 4, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-11588 Filed 5-7-99; 8:45 am]
BILLING CODE 6210-01-F
