[Federal Register Volume 64, Number 178 (Wednesday, September 15, 1999)]
[Notices]
[Pages 50090-50091]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-24011]
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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
[[Page 50091]]
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 (12 U.S.C. 1843). 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 October 8, 1999.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Lakes Bancorporation, Inc., Storm Lake, Iowa; to become a bank
holding company by acquiring 100 percent of the voting shares of First
Security Banshares, Inc., Lake Park, Iowa, and thereby indirectly
acquire Security State bank, Lake Park, Iowa, and Security State Bank,
Milford, Iowa.
2. Commercial Financial Corp., Storm Lake, Iowa; to acquire 100
percent of the voting shares of Lakes Bancorporation, Inc., Storm Lake,
Iowa, and First Security Banshares, Inc., Lake Park, Iowa, and thereby
indirectly acquire Security State Bank, Lake Park, Iowa, and Security
State Bank, Milford, Iowa.
B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Overton Financial Corporation, Overton, Texas, and Overton
Delaware Corporation, Dover, Delaware; to acquire an additional 4.13
percent of the voting shares of Longview Financial Corporation,
Longview Financial Corporation, Longview, Texas, and thereby indirectly
acquire Longview Bank & Trust Company, Longview, Texas, and First State
Bank, Van, Texas.
2. TransPecos Financial Corporation, San Antonio, Texas; to acquire
100 percent of the voting shares of The Security State Bank of Pecos,
Pecos, Texas.
Board of Governors of the Federal Reserve System, September 9,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-24011 Filed 9-14-99; 8:45 am]
BILLING CODE 6210-01-F
