[Federal Register Volume 62, Number 98 (Wednesday, May 21, 1997)]
[Notices]
[Page 27738]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-13288]


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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 Governors. Comments must be received not later 
than June 5, 1997.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Jeffery T. Valcourt, Arlington, Virginia; to acquire an 
additional 15.25 percent, for a total of 24.99 percent, of the voting 
shares of United Financial Banking Companies, Inc., Vienna, Virginia, 
and thereby indirectly acquire The Business Bank, Vienna, Virginia.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Thomas A. Arrendale, III, Gainesville, Georgia, Cynthia A. 
Bussey, Atlanta, Georgia, and Nelle Arrendale, Clarkesville, Georgia, 
as partners in the Arrendale Undiversified Family Limited Partnership, 
Baldwin, Georgia; to collectively acquire 12.48 percent of the voting 
shares of Habersham Bancorp, Cornelia, Georgia, and thereby indirectly 
acquire Habersham Bank, Clarkesville, Georgia.

    Board of Governors of the Federal Reserve System, May 16, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-13288 Filed 5-20-97; 8:45 am]
BILLING CODE 6210-01-F