[Federal Register Volume 60, Number 88 (Monday, May 8, 1995)]
[Notices]
[Page 22580]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-11228]



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FEDERAL RESERVE SYSTEM

First 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 June 1, 1995.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. First Bankshares, Inc., Longwood, Florida; to become a bank 
holding company by acquiring 100 percent of the voting shares of First 
National Bank of Central Florida, Longwood, Florida.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. First Dakota Financial Corporation Employee Stock Ownership 
Plan, Yankton, South Dakota; to become a bank holding company by 
acquiring 26.08 percent of the voting shares of First Dakota Financial 
Corporation, Yankton, South Dakota, and thereby indirectly acquire 
First Dakota National Bank, Yankton, South Dakota.
    2. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of Valley-Hi Investment Company, San 
Antonio, Texas, and thereby indirectly acquire Valley-Hi National Bank, 
San Antonio, Texas.

    Board of Governors of the Federal Reserve System, May 2, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-11228 Filed 5-5-95; 8:45 am]
BILLING CODE 6210-01-F