[Federal Register Volume 61, Number 160 (Friday, August 16, 1996)]
[Notices]
[Pages 42613-42614]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-20905]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of Banks 
or Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. Once the notices have been accepted for 
processing, they 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 indicated for that notice or to the 
offices of the Board of

[[Page 42614]]

Governors. Comments must be received not later than September 5, 1996.
    A. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Mark Thomas Olson, Starbuck, Minnesota; to acquire an additional 
27.4 percent of the voting shares of Starbuck Bancshares, Inc., 
Starbuck, Minnesota, and thereby indirectly acquire First National Bank 
of Starbuck, Starbuck, Minnesota.
    B. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105):
    1. Mutual Series Fund, Inc., Short Hills, New Jersey; to acquire up 
to 24.9 percent of the voting shares of Monarch Bancorp, Laguna Niguel, 
California, and thereby indirectly acquire Monarch Bank, Laguna Niguel, 
California, and Western Bank, Los Angeles, California. Comments must be 
received not later than August 30, 1996.

    Board of Governors of the Federal Reserve System, August 12, 
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-20905 Filed 8-15-96; 8:45 am]
BILLING CODE 6210-01-F