95-22207. Acquisition of Shares of Banks or Bank Holding Companies

[Federal Register Volume 60, Number 173 (Thursday, September 7, 1995)]
[Notices]
[Page 46597]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-22207]



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FEDERAL RESERVE SYSTEM
Independence Bancorp, Inc., et al.; Change in Bank Control Notice


Acquisition of Shares of Banks or Bank Holding Companies

    The notificant listed below has applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on notices are set forth in 
paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notice is available for immediate inspection at the Federal 
Reserve Bank indicated. Once the notice 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 indicated for the notice or to the offices 
of the Board of Governors. Comments must be received not later than 
September 20, 1995.
    A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. Independence Bancorp, Inc. Employee Stock Ownership Plan, 
Ramsey, New Jersey; to acquire 23.3 percent of the voting shares of 
Independence Bancorp, Inc., Ramsey, New Jersey, and thereby indirectly 
acquire Independence Bank of New Jersey, Ramsey, New Jersey.

    Board of Governors of the Federal Reserve System, August 31, 
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-22207 Filed 9-6-95; 8:45 am]
BILLING CODE 6210-01-F