98-19293. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 63, Number 138 (Monday, July 20, 1998)]
    [Notices]
    [Pages 38835-38836]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-19293]
    
    
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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 14, 1998.
        A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
    Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
    1521:
        1. Susquehanna Bancshares, Inc., Lititz, Pennsylvania; to acquire 
    100 percent of the voting shares of Cardinal Bancorp, Everette, 
    Pennsylvania, and thereby indirectly acquire First American National 
    Bank of Pennsylvania, Everette, Pennsylvania.
        B. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice 
    President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota 
    55480-0291:
        1. United Financial Corp., Great Falls, Montana; to become a bank 
    holding company by acquiring 100 percent of the voting shares of 
    Choteau County Bancshares, Inc., Fort Benton, Montana, and thereby 
    indirectly acquire First State Bank of Fort Benton, Fort Benton, 
    Montana.
        In connection with the application, Applicant also has applied to 
    retain Heritage Bank, FSB, Great Falls, Montana, and thereby engage in 
    owning, controlling, or operating a savings association, pursuant to 
    Sec.  225.28(b)(4)(ii) of Regulation Y, and acquire Fort Benton 
    Insurance Agency, Fort Benton, Montana, through its acquisition of 
    Choteau County Bancshares, Inc., Fort Benton, Montana, and thereby 
    engage in general insurance agency activities in a town of less than 
    5,000, pursuant to Sec.  225.28(b)(11)(iii) of Regulation Y.
        C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
    Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
    64198-0001:
        1. New Millennium Bankshares, Inc., Topeka, Kansas; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    Alliance Bank, Topeka, Kansas (a de novo bank in organization).
        D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
    President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. First Baird Bancshares, Inc., Baird, Texas; First Baird 
    Bancshares of Delaware, Inc., Dover, Delaware; Weatherford Bancshares, 
    Inc., Baird, Texas; and First Weatherford Bancshares, Inc., Carson 
    City, Nevada;
    
    [[Page 38836]]
    
    to acquire 100 percent of the voting shares of Western American 
    National Bank, Bedford, Texas. Comments regarding this application must 
    be received not later than July 30, 1998.
    
        Board of Governors of the Federal Reserve System, July 15, 1998.
    Jennifer J. Johnson,
    Secretary of the Board.
    [FR Doc. 98-19293 Filed 7-17-98; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
07/20/1998
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
98-19293
Pages:
38835-38836 (2 pages)
PDF File:
98-19293.pdf