[Federal Register Volume 60, Number 187 (Wednesday, September 27, 1995)]
[Page 49846]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-23921]



 SunTrust Banks, 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 October 20, 1995.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. SunTrust Banks, Inc., Atlanta, Georgia; and Sun Banks, Inc., 
Orlando, Florida, to merge with Ponte Vedra Banking Corporation, Ponte 
Vedra Beach, Florida, and thereby indirectly acquire Ponte Vedra 
National Bank, Ponte Vedra Beach, Florida.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. American Bank Shares, Inc., Rapid City, South Dakota; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
American State Bank of Rapid City, Rapid City, South Dakota.
    2. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of Canton Bancshares, Inc., Canton, 
Illinois, and thereby indirectly acquire Canton State Bank, Canton, 
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Equity Bancshares, Inc., Mulhall, Oklahoma; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Oklahoma State Bank, Mulhall, Oklahoma.
    2. Norcon Financial Corporation, Conway Springs, Kansas; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
The First National Bank of Conway Springs, Conway Springs, Kansas, and 
Farmers State Bank of Norwich, Norwich, Kansas.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. First Delaware Bancorp, Inc., Dover, Delaware, Texas Financial 
Bancorporation, Inc., Minneapolis, Minnesota, and First Bancorp, Inc., 
Denton, Texas; to acquire up to 100 percent of the voting shares of 
United Commerce Bank of Highland Village, National Association, 
Highland Village, Texas.

    Board of Governors of the Federal Reserve System, September 20, 
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-23921 Filed 9-26-95; 8:45 am]