[Federal Register Volume 63, Number 105 (Tuesday, June 2, 1998)]
[Notices]
[Pages 29996-29997]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-14578]
-----------------------------------------------------------------------
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 26, 1998.
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. CFBanc Corporation, Washington, D.C.; to become a bank holding
company by acquiring 100 percent of the voting shares of City First
Bank of D. C., National Association, Washington, D.C. (in
organization).
In connection with this application, CFBanc Holdings, Incorporated,
Washington, D.C., also has applied to become a bank holding company by
acquiring between 25 percent and 50 percent of the voting shares of
CFBanc Corporation, Washington, D.C., and thereby indirectly acquire
City First
[[Page 29997]]
Bank of D.C., National Association, Washington, D.C. (in organization).
B. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice
President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota
55480-0291:
1. Community First Bankshares, Inc., Fargo, North Dakota; to merge
with Guardian Bancorp, Salt Lake City, Utah, and thereby indirectly
acquire Guardian State Bank, Salt Lake City, Utah.
C. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. Security Bank Holding Company Employee Stock Ownership Plan, and
Security Bank Holding Company, both of Coos Bay, Oregon; to acquire 100
percent of the Class B common stock, which will represent not less than
50 percent of the total equity of of McKenzie State Bank, Springfield,
Oregon (in organization).
Board of Governors of the Federal Reserve System, May 28, 1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-14578 Filed 6-1-98; 8:45 am]
BILLING CODE 6210-01-F
