[Federal Register Volume 59, Number 51 (Wednesday, March 16, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6049]


[[Page Unknown]]

[Federal Register: March 16, 1994]


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FEDERAL RESERVE SYSTEM

 

Citizens Development Company, 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 April 8, 1994.
    A. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Citizens Development Company, Billings, Montana, to acquire 
80.98 percent of the voting shares of Western Bank, N.A., Chinook, 
Montana, 100 percent of the voting shares of Citizens State Bank, 
Hamilton, Montana and 99.75 percent of the voting shares of First 
National Bank of Lewistown, Lewistown, Montana.
    B. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. Cardinal Bancshares, Inc., Lexington, Kentucky, to acquire 100 
percent of the voting shares of CNB Bank of Kentucky, Louisville, 
Kentucky.

    Board of Governors of the Federal Reserve System, March 10, 
1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-6048 Filed 3-15-94; 8:45 am]
BILLING CODE 6210-01-F
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FEDERAL RESERVE SYSTEM
Robert Scott Taylor; 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 
April 8, 1994.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Robert Scott Taylor, Cleveland, Tennessee, to acquire an 
additional 7.5 percent, for a total of 25.9 percent of the voting 
shares of Bradley County Financial Corporation, Cleveland, Tennessee, 
and thereby indirectly acquire Bank of Cleveland, Cleveland, Tennessee.

    Board of Governors of the Federal Reserve System, March 10, 
1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-6049 Filed 3-15-94; 8:45 am]
BILLING CODE 6210-01-F