[Federal Register Volume 65, Number 209 (Friday, October 27, 2000)]
[Notices]
[Pages 64445-64446]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-27675]


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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. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    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 24, 2000.
    A. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Mid-Iowa BancShares, Co., Algona, Iowa; to merge with Ruthven 
Investment, Ltd., Ruthven, Iowa, and thereby indirectly acquire voting 
shares of Ruthven State Bank, Ruthven, Iowa.
    2. First Bancorp of Taylorville, Inc., Taylorville, Illinois; to 
acquire 100 percent of the voting shares of The First National Bank of 
Mt. Auburn, Mt. Auburn, Illinois.
    B. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. Humboldt Bancorp, Eureka, California; to merge with Tehama 
Bancorp, Red Bluff, California, and thereby indirectly acquire voting 
shares of Tehama Bank, Red Bluff, California.
    2. New Corporation, Oakland, California; to become a bank holding 
company by acquiring 100 percent of the voting shares of Met Financial 
Corporation, Oakland, California, and thereby indirectly acquire voting 
shares of Metropolitan Bank, Oakland, California.
    3. UFJ Holdings, Inc. (in formation), Osaka, Japan; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
The Sanwa Bank, Limited, Osaka, Japan, and thereby indirectly acquire 
Sanwa Bank California, San Francisco, California, and The Tokai Bank, 
Limited, Nagoya, Japan, and thereby acquire Tokai Bank of California, 
Los Angeles, California.
    In connection with this application, Applicant also has applied to 
acquire Sanwa Financial Products Co., L.L.C, New York, New York, and 
thereby engage in derivative product transactions as an originator and 
as a principal, pursuant to Sec. 225.28(b)(7) of Regulation Y; and 
thereby indirectly acquire Sanwa Futures, L.L.C, Chicago, Illinois, and 
thereby engage in the execution and clearance, on various futures 
exchanges, of futures and options contracts, pursuant to 
Sec. 225.28(b)(7) of Regulation Y; Sanwa Universal Securities Co., 
L.L.C., New York, New York, and thereby engage in broker dealer 
activities and to a limited

[[Page 64446]]

extent, in underwriting and dealing activities, pursuant to 
Sec. 225.28(b)(7) of Regulation Y; Toyo Trust Company of New York, New 
York, New York, and thereby engage in trust company activities, 
pursuant to Sec. 225.28(b)(5) of Regulation Y.

    Board of Governors of the Federal Reserve System, October 24, 
2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-27675 Filed 10-26-00; 8:45 am]
BILLING CODE 6210-01-P