00-15527. Change in Bank Control Notices; Acquisitions of Shares of Banks or Bank Holding Companies

The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).

The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than July 5, 2000.

A. Federal Reserve Bank of Chicago (Phillip Jackson, Applications Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

1. Tamara S. Jacobson, Rake, Iowa; to retain voting shares of Rake Bancorporation, Rake, Iowa, and thereby indirectly retain voting shares of State Savings Bank, Rake, Iowa.

B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice President) 411 Locust Street, St. Louis, Missouri 63166-2034:

1. Whipple Family Banking Limited Partnership, Arkadelphia, Arkansas; to acquire additional voting shares of Summit Bancorp, Inc., Arkadelphia, Arkansas, and thereby indirectly acquire additional voting shares of Summit Bank, Arkadelphia, Arkansas.

Board of Governors of the Federal Reserve System, June 15, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.