[Federal Register Volume 60, Number 34 (Tuesday, February 21, 1995)]
[Notices]
[Page 9689]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-4137]



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FEDERAL RESERVE SYSTEM

FCFT, 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 March 17, 1995.
    A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. FCFT, Inc., Princeton, West Virginia; to acquire 10 percent of 
the voting shares of Bank of Mount Hope, Inc., Mount Hope, West 
Virginia.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Community First Bankshares, Inc., Fargo, North Dakota; to merge 
with Abbott Bank Group, Inc., Alliance, Nebraska, and thereby 
indirectly acquire The Abbott Bank, Alliance Nebraska.
    2. Duke Financial Group, Inc., St. Paul, Minnesota; to acquire 
53.06 percent of the voting shares of First National Bank of North 
County, Carlsbad, California.
    3. Frandsen Financial Corporation, Forest Lake, Minnesota; to 
acquire 100 percent of the voting shares of Minnesota Bank Holding 
Company, Plymouth, Minnesota, and thereby indirectly acquire Citizens 
State Bank of Montgomery, Montgomery, Minnesota, and Citizens State 
Bank of Waterville, Waterville, Minnesota.
    C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Lone Star National Bancshares-Nevada, Inc., Pharr, Texas; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Lone Star National Bank, Pharr, Texas.
    2. Lone Star National Bancshares-Texas, Inc., Pharr, Texas; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Lone Star National Bank-Nevada, Inc., Pharr, Texas, and 
thereby indirectly acquire Lone Star National Bank, Pharr, Texas.

    Board of Governors of the Federal Reserve System, February 14, 
1995.
Willaim W. Wiles,
Secretary of the Board.
[FR Doc. 95-4137 Filed 2-17-95; 8:45 am]
BILLING CODE 6210-01-F