[Federal Register Volume 59, Number 64 (Monday, April 4, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7946]


[[Page Unknown]]

[Federal Register: April 4, 1994]


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FEDERAL RESERVE SYSTEM
 

The First Trust Holdings, Inc., 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 28, 1994.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. The First Trust Holdings, Inc., Watseka, Illinois, to become a 
bank holding company by acquiring 100 percent of the voting shares of 
The First Trust and Savings Bank of Watseka, Watseka, Illinois, and The 
First National Bank of Clifton, Clifton, Illinois.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Salem Bancshares, Inc., Salem, Missouri, to become a bank 
holding company by acquiring at least 97.5 percent of the voting shares 
of Bank of Salem, Salem, Missouri.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. United Bancorporation, Osseo, Wisconsin, to become a bank 
holding company by acquiring at least 80 percent of the voting shares 
of Clarke County State Bank, Osceola, Iowa; Farmers & Merchants State 
Bank, Iroquois, South Dakota; Farmers State Bank, Stickney, South 
Dakota; Cambridge State Bank, Cambridge, Wisconsin; Lincoln County 
Bank, Merrill, Wisconsin; United Bank, Osseo, Wisconsin; and Bank of 
Poynette, Poynette, Wisconsin.

    Board of Governors of the Federal Reserve System, March 29, 
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-7946 Filed 4-1-94; 8:45 am]
BILLING CODE 6210-01-F