[Federal Register Volume 62, Number 183 (Monday, September 22, 1997)]
[Notices]
[Pages 49516-49517]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-25016]
=======================================================================
-----------------------------------------------------------------------
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. Unless otherwise noted, nonbanking
activities will be conducted throughout the United States.
[[Page 49517]]
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 16, 1997.
A. Federal Reserve Bank of Boston (Richard Walker, Community
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
1. SIS Bancorp, Inc., Springfield, Massachusetts; to acquire 100
percent of the voting shares of Glastonbury Bank and Trust Company,
Glastonbury, Connecticut.
B. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. Popular, Inc., Hato Rey, Puerto Rico; to become a bank holding
company by acquiring 100 percent of the voting shares of Houston
Bancorporation, Inc., Houston, Texas, and thereby indirectly acquire
Citizens National Bank, Houston, Texas.
C. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Coddle Creek Financial Corp., Mooresville, North Carolina; to
become a bank holding company by acquiring Mooresville Savings Bank,
SSB, Mooresville, North Carolina.
D. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Citizens Financial Corp., Midwest City, Oklahoma; to become a
bank holding company by acquiring 100 percent of the voting shares of
U.S. National Bank, Midwest City, Oklahoma.
2. Griffin Investment, L.P., and Griffin General Partner, Inc.,
both of Cameron, Missouri; to become bank holding companies by
acquiring 99.9 percent of the voting shares of Griffin Bancshares,
Inc., Cameron, Missouri; and thereby indirectly acquire Pony Express
Bank, Braymer, Missouri.
E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Olney Bancshares of Texas, Inc., Olney, Texas, and Olney Bancorp
of Delaware, Inc., Wilmington, Delaware; to acquire 100 percent of the
voting shares of First National Bank of Borger, Borger, Texas; Citizens
National Bank of Childress, Childress, Texas, and First State Bank of
Canadian, N.A., Canadian, Texas, all de novo banks.
Board of Governors of the Federal Reserve System, September 16,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-25016 Filed 9-19-97; 8:45 am]
BILLING CODE 6210-01-F
