[Federal Register Volume 63, Number 165 (Wednesday, August 26, 1998)]
[Notices]
[Pages 45505-45506]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-22827]


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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

[[Page 45506]]

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 September 19, 1998.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
    1. Mutual Bancorp of the Berkshires, and United Financial Group, 
Inc., both of Pittsfield, Massachusetts; to acquire Lenox Financial 
Services Corp., Lenox, Massachusetts, and thereby indirectly acquire 
Lenox Savings Bank, Lenox, Massachusetts, and City Savings Bank, 
Pittsfield, Massachusetts. United Financial Group, Inc., also has 
applied to become bank holding companies.
    B. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. Republic First Bancorp, Inc., Philadelphia, Pennsylvania; to 
acquire 100 percent of the voting shares of Republic First Bank 
Delaware, Brandywine, Delaware.
    C. Federal Reserve Bank of Cleveland (Jeffrey Hirsch, Banking 
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Ohio Valley Banc Corp., Gallipolis, Ohio; to acquire 100 percent 
of the voting shares of Jackson Savings Bank, Jackson, Ohio.
    D. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia, 30303-2713:
    1. Bonifay Holdings, L.L.C., Bonifay, Florida; to become a bank 
holding company by acquiring 1 percent general partnership interest in 
The George Family Partnership, Bonifay, Florida, and thereby indirectly 
acquire Bonifay Holding Company, Inc., Bonifay, Florida, and The Bank 
of Bonifay, Bonifay, Florida.
    E. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Morrill Bancshares, Inc., Sabetha, Kansas; to acquire 12.86 
percent, for a pro forma total of 47.69 percent, of the voting shares 
of Morrill and Janes Bancshares, Inc., Hiawatha, Kansas, and thereby 
indirectly acquire Morrill and Janes Bank and Trust Company, Hiawatha, 
Kansas.

    Board of Governors of the Federal Reserve System, August 20, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-22827 Filed 8-25-98; 8:45 am]
BILLING CODE 6210-01-F