99-24543. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • [Federal Register Volume 64, Number 182 (Tuesday, September 21, 1999)]
    [Notices]
    [Pages 51124-51125]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 99-24543]
    
    
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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 51125]]
    
    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 15, 1999.
        A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
    President) 411 Locust Street, St. Louis, Missouri 63102-2034:
        1. South Central Bancshares of Kentucky, Inc., Horse Cave, 
    Kentucky; to acquire 82.27 percent of the voting shares of First 
    Deposit Bancshares, Inc., Tompkinsville, Kentucky, and thereby 
    indirectly acquire Deposit Bank of Monroe County, Inc., Tompkinsville, 
    Kentucky.
        In connection with this application, Applicant also has applied to 
    acquire South Central Bank, FSB, Edmonton, Kentucky, and thereby engage 
    in operating a federal savings bank, pursuant to Sec.  225.28(b)(4)(ii) 
    of Regulation Y.
        B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
    Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
    64198-0001:
        1. Exchange Bancshares of Moore, Inc., Moore, Oklahoma; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    Exchange National Bank of Moore, Moore, Oklahoma.
    
        Board of Governors of the Federal Reserve System, September 15, 
    1999.
    Robert deV. Frierson,
    Associate Secretary of the Board.
    [FR Doc. 99-24543 Filed 9-20-99; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
09/21/1999
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
99-24543
Pages:
51124-51125 (2 pages)
PDF File:
99-24543.pdf