[Federal Register Volume 59, Number 22 (Wednesday, February 2, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-2305]


[[Page Unknown]]

[Federal Register: February 2, 1994]


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FEDERAL RESERVE SYSTEM

 

Bank of Waunakee Employee Stock Ownership Plan, 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 February 25, 1994.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Bank of Waunakee Employee Stock Ownership Plan, Waunakee, 
Wisconsin; to become a bank holding company by acquiring 95 percent of 
the voting shares of Waunakee Bank Shares, Inc., Waunakee, Wisconsin, 
and thereby indirectly acquire Bank of Waunakee, Waunakee, Wisconsin.
    2. Capitol Bancorp, Ltd., Lansing, Michigan; to acquire 100 percent 
of the voting shares of Financial Center Corporation, Holland, 
Michigan, and thereby indirectly acquire Paragon Bank & Trust, Holland, 
Michigan.
    3. Mutual Bancshares Corporation, Milwaukee, Wisconsin; to become a 
bank holding company by acquiring 100 percent of Mutual Savings Bank, 
Milwaukee, Wisconsin, a de novo bank, which will merge with Mutual 
Savings Bank, Brown Deer, Wisconsin.
    4. Old Kent Financial Corporation, Grand Rapids, Michigan, and Old 
Kent-Illinois, Inc., Chicago, Illinois; to acquire 100 percent of the 
voting shares of Edgemark Financial Corporation, Chicago, Illinois, and 
thereby indirectly acquire Merchandise National Bank, Chicago, 
Illinois; Edgewood Bank, Countryside, Illinois; EdgeMark Bank-Lombard, 
Lombard, Illinois; First National Bank of Lockport, Lockport, Illinois; 
and EdgeMark Bank-Rosemont, Rosemont, Illinois.

    Board of Governors of the Federal Reserve System, January 26, 
1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-2305 Filed 2-1-94; 8:45 am]
BILLING CODE 6210-01-M