[Federal Register Volume 59, Number 239 (Wednesday, December 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-30686]


[[Page Unknown]]

[Federal Register: December 14, 1994]


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FEDERAL RESERVE SYSTEM
 

 First State Bancorp of Monticello, Inc., Employee Stock 
Ownership Plan; 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 January 6, 1995.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. First State Bancorp of Monticello, Inc., Employee Stock 
Ownership Plan, Monticello, Monticello, Illinois; to become a bank 
holding company by acquiring 26.6 percent of the voting shares of First 
State Bancorp of Monticello, Inc., Monticello, Illinois, and thereby 
indirectly acquire Atwood State Bank, Atwood, Illinois, First State 
Bank of Bloomington, Bloomington, Illinois, First State Bank of 
Heyworth, Heyworth, Illinois, First State Bank of Monticello, 
Monticello, Illinois, and State Bank of Hammond, Hammond, Illinois.
    In connection with this application, First State Bancorp of 
Monticello, Inc., Employee Stock Ownership Plan, Monticello has also 
applied to acquire Eskridge Agency, Inc., Hammond, Illinois, and 
thereby engage in insurance agency activities in Hammond and 
Monticello, Illinois, towns that have populations not exceeding 5,000, 
pursuant to Sec.  225.25(b)(8)(iii) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System, December 8, 
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-30686 Filed 12-13-94; 8:45 am]
BILLING CODE 6210-01-F