[Federal Register Volume 59, Number 186 (Tuesday, September 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23818]


[[Page Unknown]]

[Federal Register: September 27, 1994]


-----------------------------------------------------------------------


FEDERAL RESERVE SYSTEM
 

South Pointe Financial Corporation, 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 October 21, 1994.
    A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. South Pointe Financial Corporation, Marion, Illinois; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
South Pointe Bank, Marion, Illinois.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. The First National Bank of St. James, ESOP, St. James, 
Minnesota; to acquire as the result of a stock redemption, 13.72 
percent, for a total of 41.89 percent, of the voting shares of The 
First National Agency at St. James, St. James, Minnesota, and thereby 
indirectly acquire The First National Bank at St. James, St. James, 
Minnesota.

    Board of Governors of the Federal Reserve System, September 21, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-23818 Filed 9-26-94; 8:45 am]
BILLING CODE 6210-01-F