[Federal Register Volume 63, Number 248 (Monday, December 28, 1998)]
[Notices]
[Page 71474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-34338]


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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 January 22, 1998.
    A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Greenville Community Financial Corporation, Greenville, 
Michigan; to become a bank holding company by acquiring 100 percent of 
the voting shares of Greenville Community Bank, Greenville, Michigan 
(in organization).
    B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Durant Bancorp, Inc., Durant, Oklahoma; to acquire 100 percent 
of the voting shares of Security National Bancshares of Sapulpa, Inc., 
Sapulpa, Oklahoma; and thereby indirectly acquire Security National 
Bank of Sapulpa, Sapulpa, Oklahoma.
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Bauer Management, Inc., and Bauer Investments, Ltd., both of 
Port Lavaca, Texas; to become bank holding companies by acquiring 60.30 
percent of the voting shares of The First National Bank, Port Lavaca, 
Texas, and 63.5 percent of the voting shares of Seaport Bank, Seadrift, 
Texas.

    Board of Governors of the Federal Reserve System, December 22, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-34338 Filed 12-24-98; 8:45 am]
BILLING CODE 6210-01-F