[Federal Register Volume 60, Number 228 (Tuesday, November 28, 1995)]
[Notices]
[Page 58627]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28984]



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FEDERAL RESERVE SYSTEM

UJB Financial 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 December 22, 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 Corp, Princeton, New Jersey; to merge with The 
Summit Bancorporation, Chatham, New Jersey, and thereby indirectly 
acquire Summit Bank, Chatham, New Jersey.
    B. 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.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. FNB Financial Corporation, Three Rivers, Michigan; to become a 
bank holding company by acquring 100 percent of the voting shares of 
The First National Bank of Three Rivers, Three Rivers, Michigan.
    D. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105:
    1. Wells Fargo & Company San Francisco, California; to acquire at 
least 50.1 percent of the voting shares of First Interstate Bancorp, 
Los Angeles, California, and thereby indirectly acquire First 
Interstate Bank of Alaska, N.A., Anchorage, Alaska; First Interstate 
Bank of Arizona, N.A., Phoenix, Arizona; First Interstate Bank of 
California, Los Angeles, California; First Interstate Bank of Denver, 
N.A., Denver, Colorado; First Interstate Bank of Englewood, N.A., 
Englewood, Colorado; First Interstate Bank of Idaho, N.A., Boise, 
Idaho; First Interstate Bank of Montana, N.A., Kalispell, Montana; 
First Interstate Bank of Nevada, N.A., Las Vegas, Nevada; First 
Interstate Bank of New Mexico, N.A., Santa Fe, New Mexico; First 
Interstate Bank of Oregon, N.A., Portland, Oregon; First Interstate 
Bank of Texas, N.A., Houston, Texas; First Interstate Bank of Utah, 
N.A., Salt Lake City, Utah; First Interstate Bank of Washington, N.A., 
Seattle, Washington; First Interstate Bank of Wyoming, N.A., Casper, 
Wyoming; First Interstate Bank, Ltd., Los Angeles, California; and 
First Interstate Central Bank, Calabasas, California.

    Board of Governors of the Federal Reserve System, November 21, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-28984 Filed 11-27-95; 8:45 am]
BILLING CODE 6210-01-F