[Federal Register Volume 59, Number 242 (Monday, December 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31074]


[[Page Unknown]]

[Federal Register: December 19, 1994]


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FEDERAL RESERVE SYSTEM

 

The Chase Manhattan Corporation, 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 January 12, 1995.
    A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. The Chase Manhattan Corporation, New York, New York; to acquire 
100 percent of the voting shares of Chase Savings Bank, New York, New 
York, a de novo bank.
    B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. CCB Financial Corporation, Durham, North Carolina; to merge with 
Security Capital Bancorp, Salisbury, North Carolina, and thereby 
indirectly acquire Security Capital Bank, Salisbury, North Carolina, 
OMNIBANK, INC., SSB, Salisbury, North Carolina, Citizens Savings, Inc., 
SSB, Concord, North Carolina, and Home Savings Bank, Inc., SSB, Kings 
Mountain, North Carolina.
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Byron State, Inc., Byron, Nebraska; to become a bank holding 
company by acquiring 80 percent of the voting shares of Byron State 
Bank, Byron, Nebraska.
    2. The Estes Park Bank Restated Employee Stock Ownership 401(K) 
Plan & Retirement Trust, Estes Park, Colorado; to acquire 47.43 percent 
of the voting shares of Estes Bank Corporation, Estes Park, Colorado, 
and thereby indirectly acquire The Estes Park Bank, Estes Park, 
Colorado.

    Board of Governors of the Federal Reserve System, December 13, 
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-31074 Filed 12-16-94; 8:45 am]
BILLING CODE 6210-01-F