[Federal Register Volume 60, Number 18 (Friday, January 27, 1995)]
[Notices]
[Pages 5395-5396]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-2053]
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FEDERAL RESERVE SYSTEM
MNB 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 February 21, 1995.
A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
1. MNB Corporation, Bangor, Pennsylvania; to become a bank holding
company by acquiring 100 percent of the voting shares of The Merchants
National Bank of Bangor, Bangor, Pennsylvania.
2. Republic Bancorporation, Inc., Philadelphia, Pennsylvania; to
become a bank holding company by acquiring 100 percent of the voting
shares of Republic Bank, Philadelphia, Pennsylvania.
B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. Deposit Guaranty Corporation, Jackson, Mississippi; to merge
with [[Page 5396]] Citizens National Bancshares, Inc., Hammond,
Louisiana, and thereby indirectly acquire Citizens National Bank,
Hammond, Louisiana.
2. SouthTrust Corporation, Birmingham, Alabama, and SouthTrust of
Mississippi, Biloxi, Mississippi; to merge with CNB Capital
Corporation, Pascagoula, Mississippi, and thereby indirectly acquire
Citizens National Bank, Pascagoula, Mississippi.
3. Royal Bank Group of Acadiana Partnership, Lafayette, Louisiana;
to become a bank holding company by acquiring 32 percent of LBA
Bankgroup Inc., Lafayette, Louisiana, which will change its name to
Royal Bankgroup of Acadiana Inc., Lafayette, Louisisna, and thereby
indirectly acquire Bank of Lafayette, Lafayette, Louisiana and LBA
Bank, Lafayette, Louisiana.
Bank Investors Limited Partnership, Lafayette, Louisiana owns 78
percent and Chance Investment Inc., Lafayette, Louisiana, owns 1
percent of LBA Bankgroup, Inc., Lafayette, Louisiana, and have applied
to become bank holding companies and to acquire LBA Bank, Lafayette,
Louisiana.
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Wilmot Bank Holding Company, Wilmot, Arkansas; to become a bank
holding company by acquiring 70.75 percent of the voting shares of
Wilmot State Bank, Wilmot, Arkansas.
D. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Norwest Corporation, Minneapolis, Minnesota; to acquire 100
percent of the voting shares of United Texas Financial Corporation,
Wichita Falls, Texas, and thereby indirectly acquire Parker Square
Bank, N.A., Wichita Falls, Texas, and First State Bank, Archer City,
Texas.
2. Norwest Corporation, Minneapolis, Minnesota; to acquire 100
percent of the voting shares of Goldenbanks of Colorado, Inc., Golden,
Colorado, and thereby indirectly acquire Goldenbank National
Association, Golden, Colorado; Goldenbank National Association,
Englewood, Colorado; Goldenbank National Association, Westminster,
Westminster, Colorado; and Goldenbank, Applewood, Wheat Ridge,
Colorado.
E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Cullen/Frost Bankers, Inc., San Antonio, Texas; to merge with
Valley Bancshares, Inc., McAllen, Texas, and thereby indirectly acquire
The Valley National Bank, McAllen, Texas.
Board of Governors of the Federal Reserve System, January 23,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-2053 Filed 1-26-95; 8:45 am]
BILLING CODE 6210-01-F