[Federal Register Volume 59, Number 139 (Thursday, July 21, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-17732]


[[Page Unknown]]

[Federal Register: July 21, 1994]


=======================================================================
-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM

 

United Bancorp of Kentucky, 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 August 15, 1994.
    A. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. United Bancorp of Kentucky, Inc., Lexington, Kentucky; to 
acquire 78 percent of the voting shares of American Fidelity Bank & 
Trust Co., Corbin, Kentucky.
    B. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Central Bancshares, Inc., Houston, Texas; to acquire 100 percent 
of the voting shares of Lee County National Bank, Giddings, Texas.
    2. Freeman Bancstock Investments, Irving, Texas; to acquire 76.27 
percent of the voting shares of Heritage Bankshares, Inc., Dallas, 
Texas, and thereby indirectly acquire Turtle Creek National Bank, 
Dallas, Texas. In connection with this application, Freeman Bancstocks 
subsidiary Inwood Bancshares, Inc., Dallas, Texas; will merge with 
Heritage Bankshares, Inc., Dallas, Texas.
    C. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105:
    1. Community Bancshares, Inc., Joseph Oregon; to become a bank 
holding company by acquiring 100 percent of the voting shares of Bank 
of Wallowa County, Joseph, Oregon.

    Board of Governors of the Federal Reserve System, July 15, 1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-17732 Filed 7-20-94; 8:45 am]
BILLING CODE 6210-01-F