[Federal Register Volume 64, Number 181 (Monday, September 20, 1999)]
[Notices]
[Pages 50812-50813]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-24358]
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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 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 14, 1999.
A. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Equitex, Inc., Englewood, Colorado; to become a bank holding
company by acquiring 100 percent of the voting shares of First TeleBanc
Corporation, Boca Raton, Florida, and thereby indirectly acquire Net
First National Bank, Boca Raton, Florida.
1. SNB Holdings, Inc., Slocomb, Alabama; to become a bank holding
company by acquiring 100 percent of the voting shares of Slocomb
National Bank, Slocomb, Alabama.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Miles Independent Bancorporation, Inc., Advance, Missouri; to
become a bank holding company by acquiring 100 percent of the voting
shares of Miles Bancshares, Inc., Advance, Missouri; and thereby
indirectly acquire The Bank
[[Page 50813]]
of Advance, Advance, Missouri; The First National Bank of Lerna, Lerna,
Illinois; and Bowen State Bank, Bowen, Illinois.
Board of Governors of the Federal Reserve System, September 14,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-24358 Filed 9-17-99; 8:45 am]
BILLING CODE 6210-01-F
