94-17841. Emigrant Bancorp, Inc., et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies  

  • [Federal Register Volume 59, Number 140 (Friday, July 22, 1994)]
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    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-17841]
    
    
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    [Federal Register: July 22, 1994]
    
    
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    FEDERAL RESERVE SYSTEM
    
     
    
    Emigrant Bancorp, Inc., 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 16, 1994.
        A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
    Vice President) 33 Liberty Street, New York, New York 10045:
        1. Emigrant Bancorp, Inc., New York, New York; to become a bank 
    holding company by acquiring 100 percent of the voting shares of 
    Emigrant Savings Bank, New York, New York.
        B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
    President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
        1. Guaranty Development Company, Livingston, Montana; to acquire 
    100 percent of the voting shares of American Bank Whitefish, Whitefish, 
    Montana, a de novo bank.
        C. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
    Director, Bank Holding Company) 101 Market Street, San Francisco, 
    California 94105:
        1. SN, Ltd., Moab, Utah; to become a bank holding company by 
    acquiring 26.57 percent of the voting shares of First Western 
    Bancorporation, Moab, Utah, and thereby indirectly acquire First 
    Western Bancorporation, Moab, Utah.
    
        Board of Governors of the Federal Reserve System, July 18, 1994.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 94-17841 Filed 7-21-94; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
07/22/1994
Department:
Federal Reserve System
Entry Type:
Uncategorized Document
Document Number:
94-17841
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: July 22, 1994