[Federal Register Volume 64, Number 89 (Monday, May 10, 1999)]
[Notices]
[Pages 25041-25042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-11731]
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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 4, 1999.
A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Sky Financial Group, Inc., Bowling, Green, Ohio (in formation),
and its wholly-owned subsidiary, FWBI Acquisition Corp., Bowling Green,
Ohio; to merge with First Western Bancorp, Inc., New Castle,
pennsylvania, and thereby indirectly acquire First Western Bank, N.A.,
New Castle, Pennsylvania.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Florida Business BancGroup, Inc., Tampa, Florida; to become a
bank holding company by acquiring 100 percent of the voting shares of
Bay Cities Bank, Tampa, Florida (in organization).
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Union Financial Group, Ltd., Swansea, Illinois; to acquire 100
percent
[[Page 25042]]
of the voting shares of Union Bank of Illinois, Swansea, Illinois (in
organization). Comments regarding this application must be received by
May 25, 1999.
D. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen,
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291,
Minneapolis, Minnesota 55480-0291:
1. Kircher Bank Shares, Inc., Olivia, Minnesota; to become a bank
holding company by acquiring 100 percent of the voting shares of
Citizens State Bank of Olivia, Olivia, Minnesota.
D. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen,
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291,
Minneapolis, Minnesota 55480-0291:
1. Stockman Financial Corporation, Miles City, Montana; to acquire
100 percent of the voting shares of Terry Bancshares, Inc., Terry,
Montana, and thereby indirectly acquire State Bank of Terry, Terry,
Montana.
Board of Governors of the Federal Reserve System, May 5, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-11731 Filed 5-7-99; 8:45 am]
BILLING CODE 6210-01-F
