[Federal Register Volume 62, Number 104 (Friday, May 30, 1997)]
[Notices]
[Page 29347]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14135]
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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. 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 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 23, 1997.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. United Rossevelt MHC, and United Rossevelt Bancorp, both of
Carteret, New Jersey; to become bank holding companies by acquiring 100
percent of the voting shares of United Rossevelt Savings Bank,
Carteret, New Jersey.
B. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
1. Fulton Financial Corporation, Lancaster, Pennsylvania; to
acquire 100 percent of the voting shares of The Peoples Bank of Elkton,
Elkton, Maryland.
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. The Bank of Mulberry Employee Stock Ownership Trust, Mulberry,
Arkansas; to become a bank holding company by acquiring 50.5 percent of
the voting shares of ACME Holding Company, Inc., Mulberry, Arkansas,
and thereby indirectly acquire The Bank of Mulberry, Mulberry,
Arkansas.
D. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Plainview Holding Company, Pilger, Nebraska; to acquire 100
percent of the voting shares of American National Creighton Co.,
Creighton, Nebraska, and thereby indirectly acquire American National
Bank of Creighton, Creighton, Nebraska.
E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Bedford Bancshares, Inc., Bedford, Texas, and Bedford Delaware
Bancshares, Inc., Dover, Delaware; to become bank holding companies by
acquiring 100 percent of the voting shares of Western American National
Bank, Bedford, Texas.
F. Federal Reserve Bank of San Francisco (Pat Marshall, Manager of
Analytical Support, Consumer Regulation Group) 101 Market Street, San
Francisco, California 94105-1579:
1. Neighborhood Bancorp, San Diego, California; to become a bank
holding company by acquiring at least 50.1 percent of the voting shares
of Neighborhood National Bank, San Diego, California (in organization).
In connection with this application, Applicant also has applied to
acquire Neighborhood Capital Advisors, San Diego, California, and
thereby engage in community development activities, pursuant to Sec.
225.28(b)(12) of the Board's Regulation Y; and in financial and
investment advisory activities, pursuant to Sec. 225.28(b)(6) of the
Board's Regulation Y.
In addition, Applicant also has applied to acquire Neighborhood
Housing Development Corporation, San Diego, California, and thereby
engage in community development activities, pursuant to Sec.
225.28(b)(12) of the Board's Regulation Y; in extending loans and
activities related to credit, pursuant to Secs. 225.28 (b)(1) and (2)
of the Board's Regulation Y; and in consumer financial counseling,
pursuant to Sec. 225.28(b)(6) of the Board's Regulation Y.
Board of Governors of the Federal Reserve System, May 23, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-14135 Filed 5-29-97; 8:45 am]
BILLING CODE 6210-01-F
