[Federal Register Volume 61, Number 22 (Thursday, February 1, 1996)]
[Notices]
[Pages 3713-3714]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-2042]



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FEDERAL RESERVE SYSTEM

Farmers State 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 

[[Page 3714]]
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 February 25, 1996.
    A. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Farmers State Corporation, Mountain Lake, Minnesota, and Bank 
Southwest Corporation, Worthington, Minnesota; to acquire 100 percent 
of the voting shares of First Security Bank-Madison, Madison, 
Minnesota.
    2. JRS Investments, Limited Partnership, Billings, Montana, to 
become a bank holding company by acquiring 7.18 percent of the voting 
shares of First Interstate BancSystem of Montana, Inc., Billings, 
Montana, and thereby indirectly acquire First Interstate Bank of 
Commerce, Billings, Montana, and First Interstate Bank of Commerce, 
Sheridan, Wyoming.
    3. Nbar5, Limited Partnership, Ranchester Wyoming, to become a bank 
holding company by acquiring 15.43 percent of the voting shares of 
First Interstate BancSystem of Montana, Inc., Billings, Montana, and 
thereby indirectly acquire First Interstate Bank of Commerce, Billings, 
Montana, and First Interstate Bank of Commerce, Sheridan, Wyoming.
    4. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of AmeriGroup, Incorporated, Minnetonka, 
Minnesota, and thereby indirectly acquire AmeriBank, Bloomington, 
Minnesota.
    B. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Southern Colorado Bank Holding Company, Pagosa Springs, 
Colorado; to acquire 100 percent of the voting shares of Mancos 
Bancorporation, Inc., Mancos, Colorado, and thereby indirectly acquire 
Mancos Valley Bank, Mancos, Colorado.

    Board of Governors of the Federal Reserve System, January 26, 
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-2042 Filed 1-31-96; 8:45 am]
BILLING CODE 6210-01-F