[Federal Register Volume 60, Number 180 (Monday, September 18, 1995)]
[Notices]
[Page 48161]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-23074]



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FEDERAL RESERVE SYSTEM

Investors Financial Services Corp., 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 October 12, 1995.
    A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President) 
600 Atlantic Avenue, Boston, Massachusetts 02106:
    1. Investors Financial Services Corp., Boston, Massachusetts; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Investors Bank & Trust Company, Boston, Massachusetts.
    2. Walden Bancorp, Inc., Acton, Massachusetts; to become a bank 
holding company by acquiring 100 percent of the voting shares of The 
Co-operative Bank of Concord, Acton, Massachusetts, and Braintree 
Savings Bank, Braintree, Massachusetts.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. 1st United Bancorp, Boca Raton, Florida; to acquire 100 percent 
of the voting shares of The American Bancorporation of the South, 
Merritt Island, Florida, and thereby indirectly acquire The American 
Bank of the South, Merritt Island, Florida.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. Citizens National Bancshares, Inc., Hope, Arkansas; to acquire 
100 percent of the voting shares of Peoples Bancshares, Inc., 
Lewisville, Arkansas, and thereby indirectly acquire Peoples Bank and 
Loan Company, Lewisville, Arkansas.
    D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Pinnacle Bancorp, Inc., Central City, Nebraska; to acquire 100 
percent of the voting shares of State Bank, Palmer, Nebraska, and to 
acquire an additional 5.3 percent, for a total of 11.5 percent of the 
voting shares of The Farmers National Bank of Central City, Central 
City, Nebraska.

    Board of Governors of the Federal Reserve System, September 12, 
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-23074 Filed 9-15-95; 8:45 am]
BILLING CODE 6210-01-F