[Federal Register Volume 65, Number 223 (Friday, November 17, 2000)]
[Notices]
[Page 69537]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-29526]


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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 December 14, 2000.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Israel Salt Industries, Ltd., Atlit, Israel, through its direct 
and indirect control of 45.25 percent of the voting shares of Bank 
Hapoalim B.M., Tel Aviv, Israel; to become a bank holding company as a 
result of the establishment by Bank Hapoalim of Signature Bank, New 
York, New York (in formation). Signature Bank would be a wholly owned 
subsidiary of Bank Hapoalim.
    B. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. F&M National Corporation, Winchester, Virginia; to merge with 
Community Bankshares of Maryland, Inc., Bowie, Maryland, and thereby 
indirectly acquire Community Bank of Maryland, Bowie, Maryland.
    2. Virginia Capital Bancshares, Inc., Fredericksburg, Virginia; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Fredericksburg State Bank, Fredericksburg, Virginia.
    C. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Northstar Financial Group, Inc, Bad Axe, Michigan; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Northstar Bank (in organization), Bad Axe, Michigan.
    D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. Mississippi Valley Bancshares, Inc., St. Louis, Missouri; to 
acquire 100 percent of the voting shares of Southwest Bank of Phoenix 
(in organization), Phoenix, Arizona. Comments regarding this 
application must be received not later than December 11, 2000.
    E. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Lauritzen Corporation, Omaha, Nebraska; to become a bank holding 
company by acquiring 21.09 percent of the voting shares of First 
National of Nebraska, Inc., Omaha, Nebraska, and thereby indirectly 
acquire voting shares of First National Bank of Omaha, Omaha, Nebraska; 
First National Bank & Trust Company of Columbus, Columbus, Nebraska; 
First National Bank, North Platte, Nebraska; First National Bank, South 
Dakota, Yankton, South Dakota; Platte Valley State Bank & Trust 
Company, Fremont, Nebraska; Fremont National Bank & Trust Company, 
Fremont, Nebraska; First National Bank of Kansas, Overland Park, 
Kansas; and First National of Colorado, Inc., Fort Collins, Colorado; 
and thereby acquire First National Bank, Fort Collins, Colorado; Bank 
in Boulder, Boulder, Colorado; and Union Colony Bank, Greeley, 
Colorado.

    Board of Governors of the Federal Reserve System, November 14, 
2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-29526 Filed 11-16-00; 8:45 am]
BILLING CODE 6210-01-P