[Federal Register Volume 59, Number 113 (Tuesday, June 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-14370]


[[Page Unknown]]

[Federal Register: June 14, 1994]


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FEDERAL RESERVE SYSTEM
 

SouthTrust of Mississippi, 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 July 8, 1994.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. SouthTrust of Mississippi, Inc., Biloxi, Mississippi; to become 
a bank holding company by acquiring 96.38 percent of the voting shares 
of The Jefferson Bank, Biloxi, Mississippi.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. First of America Bank Corporation, Kalamazoo, Michigan, and 
First of America Acquisition Company, Park Ridge, Illinois; to acquire 
100 percent of the voting shares of First Park Ridge Corporation, 
Chicago, Illinois, and thereby indirectly acquire Bank of Buffalo 
Grove, Buffalo Grove, Illinois, and First State Bank & Trust Company of 
Park Ridge, Park Ridge, Illinois. In connection with this application, 
First of America Acquisition Company has also applied to become a bank 
holding company.
    C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Heritage Eagle Corp., Red Oak, Texas; to become a bank holding 
company by acquiring 100 percent of the voting shares of Heritage Bank, 
Red Oak, Texas.
    2. Jones Partners, Ltd., La Feria, Texas; to become a bank holding 
company by acquiring 85.82 percent of the voting shares of Lower Rio 
Grande Valley Bancshares, Inc., La Feria, Texas, and thereby indirectly 
acquire First National Bank of La Feria, La Feria, Texas.

    Board of Governors of the Federal Reserve System, June 8, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-14370 Filed 6-13-94; 8:45 am]
BILLING CODE 6210-01-F