[Federal Register Volume 59, Number 63 (Friday, April 1, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7867]


[[Page Unknown]]

[Federal Register: April 1, 1994]


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FEDERAL RESERVE SYSTEM
 

Valley National 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 April 25, 1994.
    A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. Valley National Bancorp, Wayne, New Jersey, to acquire up to 
24.9 percent of the voting shares of Urban National Bank, Franklin 
Lakes, New Jersey.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Commercial Financial Corp., Storm Lake, Iowa, to acquire 100 
percent of the voting shares of Central Trust Investment Inc., 
Cherokee, Iowa, and thereby indirectly acquire Central Trust and 
Savings Bank, Cherokee, Iowa.
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Jefferson County Bancshares, Inc., Daykin, Nebraska, to acquire 
13.3 percent of the voting shares of Plymouth Investment Company, 
Plymouth, Nebraska, and thereby indirectly acquire Farmers State Bank, 
Plymouth, Nebraska.
    2. Raton Capital Corporation, Raton, New Mexico, to merge with 
Farmers & Stockmens Bancorporation, Clayton, New Mexico, and thereby 
indirectly acquire Farmers and Stockmens Bank of Clayton, Clayton, New 
Mexico.

    Board of Governors of the Federal Reserve System, March 28, 
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-7867 Filed 3-31-94; 8:45 am]
BILLING CODE 6210-01-F