[Federal Register Volume 59, Number 187 (Wednesday, September 28, 1994)]
[Unknown Section]
[Page ]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23965]


[Federal Register: September 28, 1994]


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FEDERAL RESERVE SYSTEM
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FEDERAL RESERVE SYSTEM

Benjamin Franklin Bancorp, M.H.C., 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 Boston (Robert M. Brady, Vice President) 
600 Atlantic Avenue, Boston, Massachusetts 02106:
    1. Benjamin Franklin Bancorp, M.H.C., Franklin, Massachusetts; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Benjamin Franklin Savings Bank, Franklin, Massachusetts.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Regions Financial Corporation and Regions Corporation, both of 
Birmingham, Alabama; to acquire 100 percent of the voting shares of 
Regions Bank of Louisiana, Baton Rouge, Louisiana. Regions Financial 
Corporation's second-tier thrift subsidiary, Secor Bank, F.S.B., 
Birmingham, Alabama, will convert to a state-nonmember bank and change 
its name to Regions Bank of Louisiana, Baton Rouge, Louisiana,
    In connection with this application, Regions Corporation also has 
applied to become a bank holding company by acquiring 100 percent of 
the voting shares of Regions Bank of Louisiana, Baton Rouge, Louisiana.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Fishback Financial Corporation (formerly Fishback Insurance 
Agency, Inc.), Brookings, South Dakota; to acquire at least 95 percent 
of the voting shares of First National Bank of White, White, South 
Dakota, and 100 percent of the voting shares of Community State Bank 
(formerly Community State Bank of Stockholm), Stockholm, South Dakota.
    2. Village Bancshares, Inc., St. Francis, Minnesota; to become a 
bank holding company by acquiring 100 percent of Village Bank, St. 
Francis, Minnesota.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Yoakum National Bancshares, Inc., Yoakum, Texas, has applied to 
become a bank holding company by acquiring 100 percent of Yoakum 
National Bancshares-Delaware, Inc., Wilmington, Delaware, and thereby 
indirectly acquire Yoakum National Bank, Yoakum, Texas.
    In connection with this application, Yoakum National Bancshares-
Delaware, Inc., Wilmington, Delaware, to become a bank holding company 
by acquiring 100 percent of the voting shares of Yoakum National Bank, 
Yoakum, Texas.

    Board of Governors of the Federal Reserve System, September 22, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-23965 Filed 9-27-94; 8:45 am]
BILLING CODE 6210-01-F