[Federal Register Volume 64, Number 224 (Monday, November 22, 1999)]
[Notices]
[Page 63814]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30398]


-----------------------------------------------------------------------

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 December 17, 1999.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Centura Banks, Inc., Rocky Mount, North Carolina; to merge with 
Triangle Bancorp, Inc., Raleigh, North Carolina, and thereby indirectly 
acquire Triangle Bank, Raleigh, North Carolina, and Bank of 
Mecklenburg, Charlotte, North Carolina.
    In connection with this application, Applicant also has applied to 
acquire Coastal Leasing LLC, Greenville, North Carolina, and thereby 
engage in leasing activities, pursuant to Sec.  225.28(b)(3) of 
Regulation Y.
    B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Team Financial ESOP; Team Financial Acquisition Subsidiary, 
Inc.; and Team Financial, Inc., all of Paola, Kansas; to acquire 100 
percent of the voting shares of Fort Calhoun Investment Co., Fort 
Calhoun, Nebraska, and thereby indirectly acquire Fort Calhoun State 
Bank, Fort Calhoun, Nebraska.
    In connection with this application, Applicants also have applied 
to acquire Fort Calhoun Investment Co., Fort Calhoun, Nebraska, and 
thereby engage in insurance activities in a town of less than 5,000 in 
population, pursuant to Sec.  225.28(b)(11)(iii) of Regulation Y.

    Board of Governors of the Federal Reserve System, November 17, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-30398 Filed 11-19-99; 8:45 am]
BILLING CODE 6210-01-F