[Federal Register Volume 60, Number 227 (Monday, November 27, 1995)]
[Notices]
[Pages 58361-58362]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28817]
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FEDERAL RESERVE SYSTEM
UJB Financial Corporation, 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 December 11, 1995.
A. Federal Reserve Bank of New York (William L. Rutledge, Senior
Vice President) 33 Liberty Street, New York, New York 10045:
1. UJB Financial Corporation, Princeton, New Jersey; to acquire 100
percent of the voting shares of Flemington National Bank and Trust
Company, Flemington, New Jersey.
B. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
1. Norwood Financial Corp., Honesdale, Pennsylvania; to become a
bank holding company by acquiring 100 percent of the voting shares of
Wayne Bank, Honesdale, Pennsylvania.
C. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
1. Community First Bancorp, Inc., Reynoldsville, Pennsylvania; to
become a bank holding company by acquiring 100 percent of the voting
shares of The First National Bank of Reynoldsville, Reynoldsville,
Pennsylvania.
D. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
1. Calvin B. Taylor Bankshares, Inc., Berlin, Maryland; to become a
bank holding company by acquiring 100 percent of the voting shares of
Calvin B. Taylor Banking Company of Berlin, Maryland, Berlin, Maryland.
2. Highlands Bankshares, Inc., Abingdon, Virginia; to become a bank
holding company by acquiring 100 percent of the voting shares of
Highlands Union Bank, Abingdon, Virginia.
E. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. Community Bancshares of Mississippi, Inc. ESOP, Forest,
Mississippi; and Community Bancshares of Mississippi, Inc., Forest,
Mississippi, to acquire 100 percent of the voting shares of Coast
Community Bank, Biloxi, Mississippi, a de novo bank.
2. First Hardee Holding Corporation, Wauchula, Florida; to become a
bank holding company by acquiring 85.32 percent of the voting shares of
First National Bank of Wauchula, Wauchula, Florida.
F. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. ISB Financial Corp., Iowa City, Iowa; to acquire 100 percent of
the voting shares of W.S.B., Inc., Washington, Iowa, and thereby
indirectly acquire Washington State Bank, Washington, Iowa.
G. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Sharon Bancshares, Inc., Sharon, Tennessee; to merge with
Weakley County Bancshares, Inc., Dresden, Tennessee, and thereby
indirectly
[[Page 58362]]
acquire Weakley County Bank, Dresden, Tennesse.
2. The Templar Fund, Inc., St. Louis, Missouri; to acquire an
additional 4.0 percent, for a total of 21.70 percent, of the voting
shares of Truman Bank, Clayton, Missouri, which is controlled by Truman
Bancorp, Inc., St. Louis, Missouri.
H. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. BNCCORP, Inc., Bismarck, North Dakota; to acquire 100 percent of
the voting shares of BNC National Bank of Minnesota, Minneapolis,
Minnesota, a de novo bank.
2. First Manistique Corporation, Manistique, Michigan; to acquire
100 percent of the voting shares of South Range State Bank, South
Range, Michigan.
3. Private Bancorporation, Inc., Minneapolis, Minnesota; to become
a bank holding company by acquiring 100 percent of the voting shares of
Private Bank Minnesota, Minneapolis, Minnesota, a de novo bank.
I. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Admiral Steel Corporation, Alsip, Illinois; to become a bank
holding company by acquiring 100 percent of the voting shares of Munden
Bankshares, Inc., Munden, Kansas, and thereby indirectly acquire Munden
State Bank, Munden, Kansas.
2. Ameribank Corporation, Shawnee, Oklahoma; to acquire 94 percent
of the voting shares of United Oklahoma Bankshares, Inc., Del City,
Oklahoma, and thereby indirectly acquire United Bank, Del City,
Oklahoma.
3. Archer, Inc., Osceola, Nebraska; parent of Osceola Insurance,
Inc., Osceola, Nebraska, to retain 15.31 percent, and to acquire an
additional 2 percent for a total of 17.31 percent, of the voting
shares, of Guaranty Corporation, Denver, Colorado, and thereby
indirectly acquire Guaranty Bank & Trust Company, Denver, Colorado.
Board of Governors of the Federal Reserve System, November 20,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-28817 Filed 11-24-95; 8:45 am]
BILLING CODE 6210-01-F