[Federal Register Volume 64, Number 179 (Thursday, September 16, 1999)]
[Notices]
[Page 50286]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-24119]


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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 12, 1999.
    A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Omega Financial Corporation, State College, Pennsylvania; to 
acquire 24.9 percent of the voting shares of Clearfield Bank & Trust 
Company, Clearfield, Pennsylvania.
    2. Backlund Investment Company, Peoria, Illinois; to retain an 
additional 5.36 percent of the voting shares of Hopedale Investment 
Company, Peoria, Illinois, and thereby indirectly acquire Community 
Bank of Hopedale, Hopedale, Illinois.
    3. Backlund Scott Company, Peoria, Illinois; to retain an 
additional 5.36 percent of the voting shares of Hopedale Investment 
Company, and thereby indirectly acquire Community Bank of Hopedale, 
Hopedale, Illinois.
    4. Backlund-White, Inc., Peoria, Illinois; to retain an additional 
10.36 percent of the voting shares of Backlund Scott Company, Peoria, 
Illinois, and thereby indirectly retain Wyoming Bank and Trust Company, 
Wyoming, Illinois; to retain 5.63 percent of the voting shares of 
Backlund Investment Company, Peoria, Illinois, and thereby indirectly 
retain State Street Bank and Trust Company, Quincy, Illinois; and to 
retain 5.36 percent of the voting shares of Hopedale Investment 
Company, Peoria, Illinois, and thereby indirectly retain Community Bank 
of Hopedale, Hopedale, Illinois.
    5. Bartonville Investment Company, Peoria, Illinois; to retain an 
additional 5.36 percent of the voting shares of Hopedale Investment 
Company, Peoria, Illinois, and thereby indirectly acquire Community 
Bank of Hopedale, Hopedale, Illinois.
    B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Gold Banc Corporation, Inc. and Gold Banc Acquisition 
Corporation VIII, Inc., both in Leawood, Kansas; to acquire up to 100 
percent of the voting shares of Union Bancshares, Ltd., Denver, 
Colorado, and thereby indirectly acquire Union Bank & Trust, Denver, 
Colorado. In connection with this application, Gold Banc Acquisition 
Corporation VIII, Inc. has applied to become a bank holding company.

    Board of Governors of the Federal Reserve System, September 10, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-24119 Filed 9-15-99; 8:45 am]
BILLING CODE 6210-01-F