[Federal Register Volume 64, Number 173 (Wednesday, September 8, 1999)]
[Notices]
[Pages 48839-48840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-23290]
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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 (12 U.S.C. 1843). 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 October 4, 1999.
A. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Marine Bancorp, Inc., Marathon, Florida; to become a bank
holding company by acquiring 100 percent of the voting shares of Marine
Bank of the Florida Keys, Marathon, Florida.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. WCB Holding Company of Illinois, Inc., Geneva, Illinois (in
formation); to become a bank holding company by acquiring 100 percent
of the voting shares of Winfield Community Bank, Winfield, Illinois (in
organization).
C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Kennett Merger Corporation, Kennett, Missouri; to become a bank
holding company by acquiring 100 percent of the voting shares of
Kennett Bancshares, Inc., Kennett, Missouri, and thereby indirectly
acquire Kennett National Bank, Kennett, Missouri.
D. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
1. Pinnacle Bancorp, Inc., Central City, Nebraska; to acquire 100
percent of the voting shares of Park National Bank, Estes Park,
Colorado.
E. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Grant Bancshares, Inc., Montgomery, Louisiana; to become a bank
holding company by acquiring 100 percent of the voting shares of The
Bank of Montgomery, Montgomery, Louisiana.
F. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. First Security Corporation, Salt Lake City, Utah; to acquire 100
percent of the voting shares of Zions Bancorporation, Salt Lake City,
Utah, and thereby indirectly acquire Zions First National Bank, Salt
Lake City, Utah; National Bank of Arizona, Phoenix, Arizona; California
Bank & Trust, San Diego, California; Nevada State Bank, Las Vegas,
Nevada; The Commerce Bank of Washington, N.A., Seattle, Washington; Val
Cor Bancorporation, Inc., Denver, Colorado; and Vectra Bank Colorado,
National Association, Denver, Colorado.
In connection with this application, Applicant also has applied to
acquire Cash Access, Inc., Salt Lake City, Utah; Zions Insurance
Agency, Inc., Salt Lake City, Utah; Zions Life Insurance Company, Salt
Lake City, Utah; Regency Investment Advisors, Fresno, California, and
thereby engage in data processing services by leasing automated teller
machines to a third party, pursuant to Sec. 225.28(b)(14) of
Regulation Y; in providing insurance brokerage services by
administering credit-related insurance programs in subsidiaries of
Zions Bancorporation, pursuant to Sec. 225.28(b)(11) of Regulation Y;
in underwriting, as reinsurer, credit-related life and disability
insurance, pursuant to Sec. 225.28(b)(11) of Regulation Y; and in
providing financial and investment advisory services and agency
transactional services for customer investments, pursuant to Sec.
225.28(b)(6) of Regulation Y.
[[Page 48840]]
Board of Governors of the Federal Reserve System, September 1,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-23290 Filed 9-7-99; 8:45 am]
BILLING CODE 6210-01-F