[Federal Register Volume 59, Number 205 (Tuesday, October 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-26379]


[[Page Unknown]]

[Federal Register: October 25, 1994]


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FEDERAL RESERVE SYSTEM
 

Compass Bancshares, 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 November 19, 1994,
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Compass Bancshares, Inc., Birmingham, Alabama; Compass Bank of 
Texas, Inc., and Compass Bancorporation of Texas, Inc., Wilmington, 
Delaware; to acquire 100 percent of the voting shares of Southwest 
Bankers, Inc., San Antonio, Texas, and Bank Asset Management 
Corporation, Wilmington, Delaware, and thereby indirectly acquire The 
Bank of San Antonio, San Antonio, Texas.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Royal Bancshares, Inc., Elroy, Wisconsin; to merge with Iowa 
Grant Bankshares, Inc., Cobb, Wisconsin, and thereby indirectly acquire 
Cobb State Bank, Cobb, Wisconsin.
    2. San Jose Banco, Inc., Fremont, Indiana; to acquire 80 percent of 
the voting shares of First National Bank of Fremont, Fremont, Indiana.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Minnesota Valley Bancshares, Inc., Minnetonka, Minnesota; to 
merge with Minnwest, Inc., Minnetonka, Minnesota, and thereby 
indirectly acquire Minnwest Bank Dawson, Dawson, Minnesota; Minnwest 
Bank Luverne, Luverne, Minnesota; Minnwest Bank Montevideo, Montevideo, 
Minnesota; and Minnwest Bank Ortonville, Ortonville, Minnesota.
    D. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Community Bankshares, Inc., Denver, Colorado; to become a bank 
holding company by acquiring 100 percent of the voting shares of Plains 
State Financial Corporation, Walsenburg, Colorado, and thereby 
indirectly acquire First National Bank of Walsenburg, Walsenburg, 
Colorado.

    Board of Governors of the Federal Reserve System, October 19, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-26379 Filed 10-24-94; 8:45 am]
BILLING CODE 6210-01-F