[Federal Register Volume 60, Number 88 (Monday, May 8, 1995)]
[Notices]
[Page 22580]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-11228]
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FEDERAL RESERVE SYSTEM
First Bankshares, 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 1, 1995.
A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. First Bankshares, Inc., Longwood, Florida; to become a bank
holding company by acquiring 100 percent of the voting shares of First
National Bank of Central Florida, Longwood, Florida.
B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. First Dakota Financial Corporation Employee Stock Ownership
Plan, Yankton, South Dakota; to become a bank holding company by
acquiring 26.08 percent of the voting shares of First Dakota Financial
Corporation, Yankton, South Dakota, and thereby indirectly acquire
First Dakota National Bank, Yankton, South Dakota.
2. Norwest Corporation, Minneapolis, Minnesota; to acquire 100
percent of the voting shares of Valley-Hi Investment Company, San
Antonio, Texas, and thereby indirectly acquire Valley-Hi National Bank,
San Antonio, Texas.
Board of Governors of the Federal Reserve System, May 2, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-11228 Filed 5-5-95; 8:45 am]
BILLING CODE 6210-01-F
