[Federal Register Volume 60, Number 180 (Monday, September 18, 1995)]
[Notices]
[Page 48161]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-23074]
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FEDERAL RESERVE SYSTEM
Investors Financial Services Corp., 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 October 12, 1995.
A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President)
600 Atlantic Avenue, Boston, Massachusetts 02106:
1. Investors Financial Services Corp., Boston, Massachusetts; to
become a bank holding company by acquiring 100 percent of the voting
shares of Investors Bank & Trust Company, Boston, Massachusetts.
2. Walden Bancorp, Inc., Acton, Massachusetts; to become a bank
holding company by acquiring 100 percent of the voting shares of The
Co-operative Bank of Concord, Acton, Massachusetts, and Braintree
Savings Bank, Braintree, Massachusetts.
B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. 1st United Bancorp, Boca Raton, Florida; to acquire 100 percent
of the voting shares of The American Bancorporation of the South,
Merritt Island, Florida, and thereby indirectly acquire The American
Bank of the South, Merritt Island, Florida.
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Citizens National Bancshares, Inc., Hope, Arkansas; to acquire
100 percent of the voting shares of Peoples Bancshares, Inc.,
Lewisville, Arkansas, and thereby indirectly acquire Peoples Bank and
Loan Company, Lewisville, Arkansas.
D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Pinnacle Bancorp, Inc., Central City, Nebraska; to acquire 100
percent of the voting shares of State Bank, Palmer, Nebraska, and to
acquire an additional 5.3 percent, for a total of 11.5 percent of the
voting shares of The Farmers National Bank of Central City, Central
City, Nebraska.
Board of Governors of the Federal Reserve System, September 12,
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-23074 Filed 9-15-95; 8:45 am]
BILLING CODE 6210-01-F
