[Federal Register Volume 59, Number 231 (Friday, December 2, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29651]


[[Page Unknown]]

[Federal Register: December 2, 1994]


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FEDERAL RESERVE SYSTEM

 

Banco Santander, S.A., 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 27, 1994.
    A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. Banco Santander, S.A., Madrid, Spain; to acquire 100 percent of 
the voting shares of First State Bank, Wilmington, Delaware.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. ISB Financial Corporation, New Iberia, Louisiana; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Iberia Savings Bank, New Iberia, Louisiana. Iberia Savings Bank is 
currently a mutual savings bank that will convert to a stock savings 
bank prior to its acquisition by ISB Financial Corporation.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Mercantile Bancorporation, Inc., St. Louis, Missouri; to acquire 
100 percent of the voting shares of Central Mortgage Bancshares, Inc., 
Kansas City, Missouri, and thereby indirectly acquire Citizens Bank of 
Southwest Missouri, Nevada, Missouri; Citizens-Jackson County Bank, 
Warrensburg, Missouri; and Farmers Bank of Stover, Stover, Missouri.

    Board of Governors of the Federal Reserve System, November 28, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-29651 Filed 12-1-94; 8:45 am]
BILLING CODE 6210-01-F