97-17782. Change in Bank Control Notices; Acquisitions of Shares of Banks or Bank Holding Companies

[Federal Register Volume 62, Number 131 (Wednesday, July 9, 1997)]
[Notices]
[Page 36809]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-17782]



[[Page 36809]]

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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of Banks 
or Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than July 22, 1997.
    A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. David E. Young, Chattanooga, Tennessee; to retain a total of 
69.09 percent of the voting shares of East Ridge Bancshares, Inc., East 
Ridge, Tennessee, and thereby indirectly retain Bank of East Ridge, 
East Ridge, Tennessee.

    Board of Governors of the Federal Reserve System, July 2, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-17782 Filed 7-8-97; 8:45 am]
BILLING CODE 6210-01-F