[Federal Register Volume 59, Number 88 (Monday, May 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-11062]


[[Page Unknown]]

[Federal Register: May 9, 1994]


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FEDERAL EMERGENCY MANAGEMENT AGENCY
 

Security Capital 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 June 2, 1994.
    A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. Security Capital Bancorp, Salisbury, North Carolina; to acquire 
100 percent of the voting shares of First Federal Savings and Loan 
Association of Charlotte, Charlotte, North Carolina, and First 
Charlotte Interim Bank, Charlotte, North Carolina.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Summit Bancshares, Ltd., Olney, Illinois; to become a bank 
holding company by acquiring 100 percent of the voting shares of First 
National Bank in Olney, Olney, Illinois.

    Board of Governors of the Federal Reserve System, May 3, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-11062 Filed 5-6-94; 8:45 am]
BILLING CODE 6210-01-F