[Federal Register Volume 59, Number 224 (Tuesday, November 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-28752]


[[Page Unknown]]

[Federal Register: November 22, 1994]


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FEDERAL RESERVE SYSTEM
 

First Fidelity Bancorporation, 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 December 15, 1994.
    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105, 
and the Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. First Fidelity Bancorporation, Lawrenceville, New Jersey, and 
Banco Santander, S.A., Santander, Spain, to acquire 100 percent of the 
voting shares of First State Bank, Wilmington, Delaware.
    B. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. Laurel Capital Group, Inc., Allison Park, Pennsylvania; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Laurel Savings Bank, Allison Park, Pennsylvania. Comments 
should be received not later than December 5, 1994.
    2. Merchants Bancorp of Pennsylvania, Inc., Kittanning, 
Pennsylvania; to become a bank holding company by acquiring 100 percent 
of the voting shares of The Merchants National Bank of Kittanning, 
Kittanning, Pennsylvania. Comments should be received not later than 
December 12, 1994.
    3. Rockcastle Bancorp, Inc., Brodhead, Kentucky; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Citizens Bank, Brodhead, Kentucky. Comments should be received not 
later than December 12, 1994.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Philipps Investment Company Limited Partnership, Spring Hill, 
Florida; to become a bank holding company by acquiring 53 percent of 
the voting shares of Gratiot Bancshares, Inc., Gratiot, Wisconsin, and 
thereby indirectly acquire Gratiot State Bank, Gratiot, Wisconsin.
    2. Philipps Investments Limited Partnership, Wapiti, Wyoming; to 
become a bank holding company by acquiring 13 percent of the voting 
shares of Gratiot Bancshares, Inc., Gratiot, Wisconsin, and thereby 
indirectly acquire Gratiot State Bank, Gratiot, Wisconsin.
    3. Rantoul Bancorp, Inc., Rantoul, Illinois; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Bancorp of Rantoul, Inc., Rantoul, Illinois, and thereby indirectly 
acquire Bank of Rantoul, Rantoul, Illinois.
    D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. First Banks, Inc., Clayton, Missouri; to acquire 100 percent of 
the voting shares of CCB Bancorp, Inc., Santa Ana, California, and 
thereby indirectly acquire Commercial Center Bank, Santa Ana, 
California.
    E. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. First National of Nebraska, Inc., Omaha, Nebraska, and First 
National of Colorado, Inc., Omaha, Nebraska; to acquire 100 percent of 
the voting shares of Union Colony Bancorporation, Inc., Greeley, 
Colorado, and thereby indirectly acquire Union Colony Bank, Greeley, 
Colorado.  Comments should be received not later than December 5, 1994.
    F. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Mission-Heights Management Company, LTD., Channelview, Texas; to 
acquire 1.66 percent of the voting shares of Prime Bancshares, Inc., 
Channelview, Texas, and thereby indirectly acquire Prime Bank, 
Channelview, Texas.

    Board of Governors of the Federal Reserve System, November 15, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-28752 Filed 11-21-94; 8:45 am]
BILLING CODE 6210-01-F