[Federal Register Volume 64, Number 207 (Wednesday, October 27, 1999)]
[Notices]
[Pages 57886-57887]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-27983]


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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 November 19, 1999.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Bank of America Corporation, and NB Holdings Corporation, both 
of Charlotte, North Carolina; to acquire 19.6 percent of the voting 
shares of Lake - Osceola State Bank, Baldwin, Michigan.
    B. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Overton Merger Corporation, Livingston, Tennessee; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Overton Financial Services, Inc., Livingston, Tennessee, and thereby 
indirectly acquire Union Bank & Trust, Livingston, Tennessee.
    C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Farmers & Merchants Investment, Inc., Milford, Nebraska; to 
acquire 19.6 percent of the voting shares of North Central Bancorp, 
Inc., Norfolk, Nebraska, and thereby indirectlyacquire Bank of Norfolk, 
Norfolk, Nebraska.
    2. Twenty-First Century Financial Services Company, Tulsa, 
Oklahoma; to become a bank holding company by acquiring 100 percent of 
the voting shares of Oklahoma National Bank, Tulsa, Oklahoma (a de novo 
bank in organization).
    In connection with this application, Applicant also has applied to 
acquire Twenty-First Century Building Company, Tulsa, Oklahoma, and 
thereby engage in leasing activities, pursuant to Sec.  225.28(b)(3) of 
Regulation Y.


[[Page 57887]]


    Board of Governors of the Federal Reserve System, October 21, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-27983 Filed 10-26-99; 8:45 am]
BILLING CODE 6210-01-F