[Federal Register Volume 60, Number 166 (Monday, August 28, 1995)]
[Notices]
[Page 44500]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21231]



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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 September 21, 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 100 percent of 
the voting shares of First Community Bank of Mercer County, Inc., 
Princeton, West Virginia (an organizing bank), which will acquire the 
assets and assume the liabilties of the Mercer County West Virginia 
offices of First Community Bank, Inc., Princeton, West Virginia.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Pan American Bancshares, Inc., Chicago, Illinois; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Pan American Bank, Chicago, Illinois (in organization).
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. White Pine Bancorp, Inc., Pine River, Minnesota; to become a 
bank holding company by acquiring at least 22.7 percent of the voting 
shares of Norbanc Group, Inc., Pine River, Minnesota, and thereby 
indirectly acquire Pine River State Bank, Pine River, Minnesota.
    D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Shamrock Bancshares, Inc., Coalgate, Oklahoma; to acquire 100 
percent of the voting shares of Clayton State Bank, Clayton, Oklahoma.

    Board of Governors of the Federal Reserve System, August 22, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-21231 Filed 8-25-95; 8:45 am]
BILLING CODE 6210-01-F