[Federal Register Volume 60, Number 157 (Tuesday, August 15, 1995)]
[Notices]
[Pages 42163-42164]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-20185]



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FEDERAL RESERVE SYSTEM

SNBNY Holdings Limited, 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)).

[[Page 42164]]

    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 September 8, 1995.
    A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. SNBNY Holdings Limited, Neptune House, Marina Bay, City of 
Gibraltar; to become a bank holding company by acquiring approximately 
8.29 percent of the voting shares of Safra National Bank of New York, 
New York, New York.
    B. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. First State Bancorp, Inc., Winchester, Ohio; to become a bank 
holding company by acquiring 100 percent of the voting shares of The 
First State Bank of Adams County, Winchester, Ohio.
    2. Premier Financial Bancorp, Inc., Vanceburg, Kentucky; to acquire 
100 percent of the voting shares of The Citizens Bank, Sharpsburg, 
Kentucky.

    Board of Governors of the Federal Reserve System, August 9, 
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-20185 Filed 8-14-95; 8:45 am]
BILLING CODE 6210-01-F