[Federal Register Volume 64, Number 178 (Wednesday, September 15, 1999)]
[Notices]
[Pages 50090-50091]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-24011]


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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

[[Page 50091]]

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 8, 1999.
    A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Lakes Bancorporation, Inc., Storm Lake, Iowa; to become a bank 
holding company by acquiring 100 percent of the voting shares of First 
Security Banshares, Inc., Lake Park, Iowa, and thereby indirectly 
acquire Security State bank, Lake Park, Iowa, and Security State Bank, 
Milford, Iowa.
    2. Commercial Financial Corp., Storm Lake, Iowa; to acquire 100 
percent of the voting shares of Lakes Bancorporation, Inc., Storm Lake, 
Iowa, and First Security Banshares, Inc., Lake Park, Iowa, and thereby 
indirectly acquire Security State Bank, Lake Park, Iowa, and Security 
State Bank, Milford, Iowa.
    B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Overton Financial Corporation, Overton, Texas, and Overton 
Delaware Corporation, Dover, Delaware; to acquire an additional 4.13 
percent of the voting shares of Longview Financial Corporation, 
Longview Financial Corporation, Longview, Texas, and thereby indirectly 
acquire Longview Bank & Trust Company, Longview, Texas, and First State 
Bank, Van, Texas.
    2. TransPecos Financial Corporation, San Antonio, Texas; to acquire 
100 percent of the voting shares of The Security State Bank of Pecos, 
Pecos, Texas.

    Board of Governors of the Federal Reserve System, September 9, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-24011 Filed 9-14-99; 8:45 am]
BILLING CODE 6210-01-F