94-16290. FSB Financial Corporation; Formations of; Acquisitions by; and Mergers of Bank Holding Companies

[Federal Register Volume 59, Number 128 (Wednesday, July 6, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-16290]


[[Page Unknown]]

[Federal Register: July 6, 1994]


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FEDERAL RESERVE SYSTEM
 

FSB Financial Corporation; 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 July 29, 1994.
    A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. FSB Financial Corporation, Francisco, Indiana, to become a bank 
holding company by acquiring 100 percent of the voting shares of The 
Francisco State Bank, Francisco, Indiana.
    2. Southern Bancshares, Ltd., Carbondale, Illinois to acquire 100 
percent of the voting shares of DeSoto Bancshares, Inc., De Soto, 
Illinois, and thereby indirectly acquire Bank of DeSoto, De Soto, 
Illinois.

    Board of Governors of the Federal Reserve System, June 29, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-16290 Filed 7-5-94; 8:45 am]
BILLING CODE 6210-01-F