[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