[Federal Register Volume 59, Number 4 (Thursday, January 6, 1994)]
[Notices]
[Pages 748-749]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-213]


[[Page Unknown]]

[Federal Register: January 6, 1994]


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FEDERAL RESERVE SYSTEM

 

Carnegie Bancorp, 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 January 31, 1994.
    A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice 
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
    1. Carnegie Bancorp, Princeton, New Jersey; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Carnegie Bank, N.A., Princeton, New Jersey.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. American Bancshares Corp., Livingston, Tennessee; to become a 
bank holding company by acquiring American Savings Bank, Livingston, 
Tennessee, a de novo bank.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Independent Bank Corporation, Ionia, Michigan; to acquire 100 
percent of the voting shares of KSB Financial, Inc., Kingston, 
Michigan, and thereby indirectly acquire Kingston State Bank, Kingston, 
Michigan.
    D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Union Planters Corporation, Memphis, Tennessee; to acquire 100 
percent of the voting shares of Tennessee Bancorp, Inc., Columbia, 
Tennessee, and thereby indirectly acquire Tennessee National Bank, 
Columbia, Tennessee.
    In connection with this application, Union Planters National Bank, 
Memphis, Tennessee, has applied to become a bank holding company by 
acquiring 100 percent of the voting shares of Tennessee Bancorp, Inc., 
Columbia, Tennessee, and thereby indirectly acquire Tennessee National 
Bank, Columbia, Tennessee. Immediately at consummation of the proposed 
acquisition, Tennessee Bancorp, Inc. will be dissolved and its 
subsidiary bank, Tennesee National Bank, will be merged with and into 
Union Planters National Ban. Union Planters National Bank will be the 
surviving entity. Both Tennessee Bancorp, Inc. and Tennessee National 
Bank will cease to exist on a pro forma basis.
    E. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Leader First Bancorp, Inc., Marlow, Oklahoma; to become a bank 
holding company by acquiring 100 percent of the voting shares of The 
First National Bank of Marlow, Marlow, Oklahoma.
    F. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Mission-Heights Management Company, Ltd., Houston, Texas; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Ibid, Inc., Wilmington, Delaware; Independent Bancorp, Inc., 
Channelview, Texas, and thereby indirectly acquire Channelview Bank, 
Channelview, Texas.

    Board of Governors of the Federal Reserve System, December 30, 
1993.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-213 Filed 1-5-94; 8:45 am]
BILLING CODE 6210-01-F