[Federal Register Volume 60, Number 136 (Monday, July 17, 1995)]
[Notices]
[Pages 36429-36430]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-17414]
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FEDERAL RESERVE SYSTEM
First Commerce Corporation, 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 August 10, 1995.
A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. First Commerce Corporation, New Orleans, Louisiana; to merge
with Central Corporation, Monroe, Louisiana, and thereby indirectly
acquire Central Bank, Monroe, Louisiana, and First United Bank of
Farmerville, Farmerville, Louisiana.
B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Ida Grove Bancshares, Inc., Ida Grove, Iowa; to acquire 80.1
percent of the voting shares of American Bancshares, Inc., Holstein,
Iowa (in organization), and thereby indirectly acquire American
National Bank, Holstein, Iowa.
In connection with this application, American Bancshares, Inc.,
Holstein, Iowa, (in organization); also has applied to become a bank
holding company by acquiring 100 percent of the voting shares of
American National Bank, Holstein, Iowa.
C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
[[Page 36430]]
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Mott Bankshares, Inc., Mott, North Dakota; to become a bank
holding company by acquiring 49 percent of the voting shares of
Commercial Bank of Mott, Mott, North Dakota.
In connection with this application, Commercial Bank of Mott
Employee Stock Ownership Plan and Trust, Mott, North Dakota, also has
applied to become a bank holding company by acquiring 51 percent of the
voting shares of Commercial Bank of Mott, Mott, North Dakota.
D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Ercil P. and Lee Nell Phillips Charitable Remainder Unitrust,
Pleasanton, Nebraska; to become a bank holding company by acquiring
50.2 percent of the voting shares of Pleasanton State Bank, Pleasanton,
Nebraska.
2. Platte Valley Cattle Co., Grand Island, Nebraska; to acquire 100
percent of the voting shares of Pleasanton State Bank, Pleasanton,
Nebraska.
Board of Governors of the Federal Reserve System, July 12, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-17414 Filed 7-14-95; 8:45 am]
BILLING CODE 6210-01-F
