[Federal Register Volume 59, Number 100 (Wednesday, May 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12719]
[[Page Unknown]]
[Federal Register: May 25, 1994]
=======================================================================
-----------------------------------------------------------------------
FEDERAL MARITIME COMMISSION
FEDERAL RESERVE SYSTEM
AJJ Bancorp, Inc., et al.; 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 June 17, 1994.
A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. AJJ Bancorp, Inc., Elkader, Iowa; to become a bank holding
company by acquiring 92.5 percent of the voting shares of Central State
Bank, Elkader, Iowa.
2. Bank of Montreal, Toronto, Ontario; Bankmont Financial Corp.,
Wilmington, Delaware; and Harris Bankmont, Inc., Chicago, Illinois; to
acquire 100 percent of the voting shares of Suburban Bancorp, Inc.,
Palatine, Illinois, and thereby indirectly acquire Suburban National
Bank, Aurora, Illinois; Suburban Bank of Barrington, Barrington,
Illinois; Suburban Bank of Bartlet, Bartlet, Illinois; Suburban Bank of
Cary-Grove, Cary, Illinois; Suburban National Bank of Elk Grove
Village, Elk Grove, Illinois; Marengo State Bank, Marengo, Illinois;
Suburban Bank of Oakbrook Terrace, Oakbrook Terrace, Illinois; Suburban
National Bank of Palatine, Palatine, Illinois; Suburban Bank of Rolling
Meadows, Rolling Meadows, Illinois; Suburban Bank of Hoffman-
Schaumburg, Schaumburg, Illinois; Suburban Bank of Westbrook,
Westchester, Illinois; Woodstock Acquisition Corp., Chicago, Illinois;
The State Bank of Woodstock, Woodstock, Illinois; Huntley Acquisition
Corp., Huntley, Illinois; and State Bank of Huntley, Aurora, Illinois.
In connection with this application, Harris Bankmont, Inc.,
Chicago, Illinois, has also applied to become a bank holding company by
acquiring Suburban Bancorp, Inc., Palatine, Illinois, and its
subsidiaries.
B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Citizens State Bancshares, Inc., Lankin, North Dakota; to become
a bank holding company by acquiring 82.08 percent of the voting shares
of Citizens State Bank of Lankin, Lankin, North Dakota.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Central Bancshares, Inc., Houston, Texas; to acquire 100 percent
of the voting shares of Lee County National Bank, Giddings, Texas.
D. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105:
1. Charter Bancorporation, Newport, Minnesota; to become a bank
holding company by acquiring 100 percent of the voting shares of First
Buffalo Holding Company, Scottsdale, Arizona, and thereby indirectly
acquire Bank of Arizona, Scottsdale, Arizona.
Board of Governors of the Federal Reserve System, May 19, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-12719 Filed 5-24-94; 8:45 am]
BILLING CODE 6210-01-F
