[Federal Register Volume 62, Number 133 (Friday, July 11, 1997)]
[Notices]
[Page 37259]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-18223]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act. Unless otherwise noted, nonbanking 
activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than August 7, 1997.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Pathfinder Bancorp, MHC, Oswego, New York; to acquire 100 
percent of the voting shares of Pathfinder Bancorp, Oswego, New York, 
and Stock Holding Company, Oswego, New York, and thereby indirectly 
acquire Oswego City Savings Bank, Oswego, New York.
    B. Federal Reserve Bank of Cleveland (Jeffery Hirsch, Banking 
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. F.N.B. Corporation, Hermitage, Pennsylvania; to acquire up to 20 
percent of the voting shares of Sun Bancorp, Inc., Selinsgrove, 
Pennsylvania, and thereby indirectly acquire Sun Bank, Selinsgrove, 
Pennsylvania.
    In connection with this application, Applicant has also applied to 
acquire Pennsylvania Sun Life Insurance Company, Phoenix, Arizona, and 
thereby engage in providing credit life and disability insurance 
exclusively to customers of Sun Bank, Sun Bancorp, Inc.'s bank 
subsidiary, pursuant to Sec.  225.28(b)(11) of the Board's Regulation 
Y.
    C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Maypearl Bancshares, Inc., Maypearl, Texas, and Maypearl 
Holdings, Inc., Wilmington, Delaware; to become a bank holding 
companies by acquiring 100 percent of the voting shares of First State 
Bank, Maypearl, Texas.

    Board of Governors of the Federal Reserve System, July 8, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-18223 Filed 7-10-97; 8:45 am]
BILLING CODE 6210-01-F