[Federal Register Volume 60, Number 8 (Thursday, January 12, 1995)]
[Notices]
[Page 2969]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-767]



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FEDERAL RESERVE SYSTEM

Albert City Bankshares, 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 February 6, 1995.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Albert City Bankshares, Inc., Albert City, Iowa; to acquire 94 
percent of the voting shares of The Citizens State Bank, Marathon, 
Iowa.
    2. First Michigan Bank Corporation, Holland, Michigan; to acquire 
100 percent of the voting shares of Superior Financial Corporation, 
Sault Sainte Marie, Michigan, and thereby indirectly acquire Sault 
Bank, Sault Sainte Marie, Michigan.
    3. National Bancorp, Inc., Melrose Park, Illinois; to acquire 100 
percent of the voting shares of Northwest Community Bank, Prospect 
Heights, Illinois, a de novo bank.
    4. West Plains Investors, Inc., Pleasant Plains, Illinois; to 
become a bank holding company by acquiring at least 80 percent, but up 
to 98.24 percent of the voting shares of Pleasant Plains State Bank, 
Pleasant Plains, Illinois.

    Board of Governors of the Federal Reserve System, January 6, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-767 Filed 1-11-95; 8:45 am]
BILLING CODE 6210-01-F