[Federal Register Volume 62, Number 225 (Friday, November 21, 1997)]
[Notices]
[Page 62317]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-30697]


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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 December 18, 1997.
    A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Community Bancshares of Mississippi, Inc., Forest, Mississippi; 
to acquire 100 percent of the voting shares of Community Bank, 
Southaven, Mississippi.
    2. Hogan Investments, Inc., and Hogan Investments Limited, both of 
Forsyth, Georgia; and Laurens Bancshares, Inc., Dudley, Georgia; to 
become bank holding companies by acquiring 100 percent of the voting 
shares of Bank of Dudley, Dudley, Georgia.
    B. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. F & M Bancorporation, Inc., Kaukauna, Wisconsin; to acquire 100 
percent of the voting shares of Bank of South Wayne, South Wayne, 
Wisconsin.
    2. First Busey Corporation, Urbana, Illinois; to acquire 100 
percent of the voting shares of Busey Business Bank (in organization), 
Indianapolis, Indiana.
    C. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480-2171:
    1. Eastwood Financial Corporation Employees' Profit Sharing and 
Stock Ownership Plan, Rochester, Minnesota; to become a bank holding 
company by acquiring 30 percent of the voting shares of Eastwood 
Financial Corporation, Rochester, Minnesota, and thereby indirectly 
acquire Eastwood Bank, St. Charles, Minnesota.

    Board of Governors of the Federal Reserve System, November 18, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-30697 Filed 11-20-97; 8:45 am]
BILLING CODE 6210-01-F