[Federal Register Volume 64, Number 217 (Wednesday, November 10, 1999)]
[Notices]
[Pages 61350-61351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-29411]


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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

[[Page 61351]]

indicated or the offices of the Board of Governors not later than 
December 6, 1999.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Smith River Bankshares, Inc., Martinsville, Virginia; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
Smith River Community Bank, N.A.(in organization), Martinsville, 
Virginia.
    B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. First Pryor Bancorp, Inc., Pryor, Oklahoma; to acquire 80 
percent of the voting shares of Locust Grove Bancshares, Inc., Locust 
Grove, Oklahoma, and thereby indirectly acquire Bank of Locust Grove, 
Locust Grove, Oklahoma, and Lakeside Bank of Salina, Salina, Oklahoma.
    C. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer Regulation Group) 101 Market Street, 
San Francisco, California 94105-1579:
    1. Wells Fargo & Company, San Francisco, California; to acquire 100 
percent of the voting shares of First Place Financial Corporation, 
Farmington, New Mexico, and thereby indirectly acquire Capital Bank, 
Albuquerque, New Mexico; Western Bank, Gallup, New Mexico; First 
National Bank of Farmington, Farmington, New Mexico; and Burns National 
Bank of Durango, Durango, Colorado.
    In connection with this application, Applicant also has applied to 
acquire FPFC Management LLC, Farmington, New Mexico, and thereby engage 
in community development investment activities, pursuant to Sec.  
225.28(b)(12) of Regulation Y.

    Board of Governors of the Federal Reserve System, November 4, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-29411 Filed 11-9-99; 8:45 am]
BILLING CODE 6210-01-F