[Federal Register Volume 59, Number 89 (Tuesday, May 10, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-11237]


[[Page Unknown]]

[Federal Register: May 10, 1994]


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FEDERAL EMERGENCY MANAGEMENT AGENCY
 

FEDERAL RESERVE SYSTEM

Compass 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 6, 1994.
    A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President) 
600 Atlantic Avenue, Boston, Massachusetts 02106:
    1. Compass Bancorp, New Bedford, Massachusetts; to become a bank 
holding company by acquiring 100 percent of Compass Bank for Savings, 
New Bedford, Massachusetts, and thereby indirectly acquire 9.74 percent 
of the voting shares of Mayflower Cooperative Bank, Middleborough, 
Massachusetts.
    Upon the reorganization, Compass Bank for Savings will continue to 
participate in the Massachusetts Savings Bank Life Insurance program.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of Copper Bancshares, Inc., Silver City, 
New Mexico, and thereby indirectly acquire American National Bank of 
Silver City, Silver City, New Mexico.
    C. Federal Reserve Bank of Kansas City (Stephen E. McBride, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198:
    1. Morrill Bancshares, Inc., Sabetha, Kansas; to acquire 100 
percent of the voting shares of Morrill & Janes Bancshares, Inc., 
Hiawatha, Kansas, and thereby indirectly acquire Morrill and Janes Bank 
and Trust Company, Hiawatha, Kansas.

    Board of Governors of the Federal Reserve System, May 4, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-11237 Filed 5-9-94; 8:45 am]
BILLING CODE 6210-01-F