[Federal Register Volume 62, Number 133 (Friday, July 11, 1997)]
[Notices]
[Page 37259]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-18223]
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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. 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 August 7, 1997.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. Pathfinder Bancorp, MHC, Oswego, New York; to acquire 100
percent of the voting shares of Pathfinder Bancorp, Oswego, New York,
and Stock Holding Company, Oswego, New York, and thereby indirectly
acquire Oswego City Savings Bank, Oswego, New York.
B. Federal Reserve Bank of Cleveland (Jeffery Hirsch, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. F.N.B. Corporation, Hermitage, Pennsylvania; to acquire up to 20
percent of the voting shares of Sun Bancorp, Inc., Selinsgrove,
Pennsylvania, and thereby indirectly acquire Sun Bank, Selinsgrove,
Pennsylvania.
In connection with this application, Applicant has also applied to
acquire Pennsylvania Sun Life Insurance Company, Phoenix, Arizona, and
thereby engage in providing credit life and disability insurance
exclusively to customers of Sun Bank, Sun Bancorp, Inc.'s bank
subsidiary, pursuant to Sec. 225.28(b)(11) of the Board's Regulation
Y.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Maypearl Bancshares, Inc., Maypearl, Texas, and Maypearl
Holdings, Inc., Wilmington, Delaware; to become a bank holding
companies by acquiring 100 percent of the voting shares of First State
Bank, Maypearl, Texas.
Board of Governors of the Federal Reserve System, July 8, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-18223 Filed 7-10-97; 8:45 am]
BILLING CODE 6210-01-F
